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November inflation sheds 0,64 percentage points
THE month-on-month inflation rate for November 2021 stood at 5,76 percent after shedding 0,64 percentage points on the October 2021 rate of 6,40 percent, according to the Zimbabwe National Statistics ...Published: 6 hrs ago | 80 | by Staff reporter
Bosso fires blanks
Highlanders 0 - 0 Ngezi Platinum StarsABOUT 1 500 fans yesterday paid their way into Barbourfields to watch this Castle Lager Premier Soccer League clash between Highlanders and Ngezi ...Published: 6 hrs ago | 125 | by Staff reporter
Chinese firm yet to start airport job seven months after contract
The multi-million-dollar contract to fix Zimbabwe's Air Traffic Control Communication Systems (ATCCS) by China Harbour Engineering Company (CHEC) is yet to commence, seven months after the Chinese mul...Published: 22 hrs ago | 611 | by Staff reporter
Distributor moves to stem Zimbabwe's fake whiskey 'pandemic'
IMITATION is the sincerest form of flattery, the old adage goes, but when it comes to alcohol, high-end whiskey in particular, this is not strictly true.Recently, according to an anonymous sou...Published: 28 Nov 2021 at 07:51hrs | 143 | by Staff reporter
US$1bn SDRs to be used over three years
The US$958 million worth of Special Drawing Rights (SDRs) allocated to Zimbabwe by the International Monetary Fund (IMF) will be used over a three-year period, with US$311 million expected to be relea...Published: 28 Nov 2021 at 07:48hrs | 32 | by Staff reporter
Biti dismisses Mthuli's 2022 budget 'mediocrity'
FINANCE minister Mthuli Ncube yesterday presented a $927,3 billion budget with an ambitious gross domestic product growth projection of 5,5% for 2022, but former Finance minister Tendai Biti dismissed...Published: 26 Nov 2021 at 08:21hrs | 1836 | by Staff Reporter
New wholesale firm opens shop in Lupane 60 jobs on offer
A Mutare-based company, Mega 2 Wholesalers trading as Big Max investments, is set to open one of its biggest retail shops in Lupane, Matabeleland North this Friday.This is a boost for the loca...Published: 25 Nov 2021 at 15:18hrs | 1744 | by Shelton Muchena
Pegged exchange rate unsustainable
Zimbabwe's export receipts for the first 9 months of 2021 jumped 38% to US$6.10 billion from US$4.43 billion realized in the same period in 2020. Notable improvements have been realized in internation...Published: 24 Nov 2021 at 10:37hrs | 1642 | by Victor Bhoroma
Policy incentives to reindustrialization lacking
Zimbabwe aspires to create an upper middle income economy with a Gross Domestic Product (GDP) of US$65 billion by 2030. This vision is premised on the reindustrialization strategy where competitivenes...Published: 24 Nov 2021 at 10:35hrs | 277 | by Victor Bhoroma
Flouting the RBZ interbank rate by Big companies
Dear Editor, I am surprised by the manner in which some companies are left flouting the interbank rate and yet the Governor ignores them just like that!Is he sincere in his talk t...Published: 24 Nov 2021 at 07:11hrs | 1620 | by Wilfred Mazani
Crypto trading simulators that will prepare you for real crypto trading
With crypto trading being pretty popular nowadays it's no wonder the financial world is being revolutionized. People are looking at money differently because of these digital currencies. With this in ...Published: 23 Nov 2021 at 22:15hrs | 266 | by Staff Writer
Edgars to expand online, branch network
LISTED clothing retailer, Edgars Stores Limited says it will expand its online, brick and mortar branch network in order to build resilience to withstand the impact of future shocks and disruptions....Published: 23 Nov 2021 at 05:49hrs | 194 | by Staff reporter
Carl Joshua Ncube bounces back
Zimbabwe's biggest comedy export Carl Joshua Ncube has victoriously bounced back after a long absence from the public eye and comedy stage. Ncube, who has featured on Showmax, Comedy Central, ...Published: 22 Nov 2021 at 14:18hrs | 1098 | by Mandla Ndlovu
Zimbabwe's 2017 coup coalition collapses
THE fact that Vice-President Constantino Chiwenga is contemplating challenging President Emmerson Mnangagwa for the Zanu-PF presidency at the party's elective congress next year, while factions loyal ...Published: 22 Nov 2021 at 06:17hrs | 13578 | by Staff reporter
'Zimbabwe coup a harvest of empty promises'
WHEN Solomon Muzanenhamo (39) trudged from Highfield high-density suburb to central Harare with a Zimbabwean flag draped around his neck in November 2017, 15 kilometres became like a stroll down his s...Published: 22 Nov 2021 at 06:16hrs | 784 | by Staff reporter
Second Republic marred by litany of unfulfilled pledges
WHEN President Emmerson Mnangagwa got into power in 2017, a lot of promises were made, creating the impression that Zanu-PF was ready to give Zimbabweans a fresh start.Four years later, it see...Published: 22 Nov 2021 at 06:16hrs | 231 | by Staff reporter
Mutanda fights CAPS govt shareholding claim
WAR veteran and businessman Fredrick Charles Mutanda has approached the High Court seeking an order to set aside an arbitration ruling that government is the majority shareholder of pharmaceutical com...Published: 22 Nov 2021 at 06:11hrs | 182 | by Staff reporter
Uproar over Tsholotsho elephant sales
TSHOLOTSHO Rural District Council (RDC) has been accused of selling elephants for a song to concession holders under the Government quota system.Communities living near national parks are allo...Published: 22 Nov 2021 at 05:55hrs | 268 | by Staff reporter
Dynamos knocked out in first Chibuku defeat
Dynamos. 0 - 0 FC Platinum(FC Platinum win 1-0 after extra time)IT needed a very special goal for FC Platinum to hand Dynamos their first defeat this year, in a tense Chibuku Super fin...Published: 22 Nov 2021 at 05:52hrs | 81 | by Staff reporter
Malawi police fire teargas at protesters
Malawi police on Friday fired teargas to quell an anti-government protest over alleged corruption and economic mismanagement by President Lazarus Chakwera's administration.Hundreds of proteste...Published: 22 Nov 2021 at 05:51hrs | 36 | by Staff reporter
Letter to my people: You're paying heavy price for coup
My Dear People, THIS week is a painful one for me, I almost didn't write to you because I feel so much pain.I know what you are thinking. You think it was painful because it marks four...Published: 21 Nov 2021 at 09:16hrs | 2240 | by Dr Amai Stop it
Record wheat harvest for Zimbabwe
More than 188 000 tonnes of wheat have been delivered to the Grain Marketing Board (GMB), which represents a significant increase from 149 874 tonnes that had been delivered during the same period las...Published: 21 Nov 2021 at 08:17hrs | 545 | by Staff Reporter
It's time ratepayers collectively withheld municipal payments until service provision improved
To say that I am thoroughly angered with the manner in which we, as ratepayers in the small town of Redcliff, are being mistreated and abused by our local...Published: 20 Nov 2021 at 08:00hrs | 612 | by Tendai Ruben Mbofana
Factoring 'animal spirits' into Zimbabwe's economic discourse
John Maynard Keynes is considered by many to be the most consequential economist of the past century. Perhaps one of his boldest contributions to economics was postulating, perhaps correctly, that the...Published: 18 Nov 2021 at 19:02hrs | 615 | by Simbarashe Bepete
Monetary policy in a complex economy
MAINSTREAM neoclassical economics, which has been the dominant economic thinking for over a century, is no longer an adequate mental model to interpret and shape the socio-economics of a new reality....Published: 17 Nov 2021 at 05:36hrs | 316 | by Vince Musewe
RBZ starts clearing auction forex backlog
The Reserve Bank of Zimbabwe (RBZ) yesterday says it has started the process to clear nearly US$200 million of the foreign currency backlog on the auction market after receiving the requisite funds fr...Published: 17 Nov 2021 at 05:07hrs | 178 | by Staff reporter
Gold deliveries to increase
Gold miners are expected to deliver 28 tonnes of gold to Fidelity Printers and Refiners this year, up from the previous estimate of 25 tonnes, following improved deliveries from miners as a result of ...Published: 16 Nov 2021 at 05:39hrs | 95 | by Staff reporter
'Zimbabwe's economic fundamentals are strong'
THE economy is on a growth trajectory with Gross Domestic Product (GDP) projected to grow by 7,8 percent in 2021, attributed to a favourable rainfall season, higher international mineral commodity pri...Published: 14 Nov 2021 at 05:38hrs | 73 | by Professor Mthuli Ncube
Chiwenga to tackle Mnangagwa
IN a move that could have far-reaching political consequences for the ruling Zanu-PF and the nation, Vice-President Constantino Chiwenga is contemplating challenging President Emmerson Mnangagwa in th...Published: 13 Nov 2021 at 17:48hrs | 16321 | by Staff reporter
Bankers plan to establish a new financial behemoth
ON 3 September 2021, The NewsHawks exclusively published a story that government, bankers and investors, including local business tycoon Kudakwashe Tagwirei, are working on a plan to create the bigges...Published: 13 Nov 2021 at 17:45hrs | 476 | by Staff reporter
CBZ swoops on FML shares as new financial group emerges
CBZ Holdings, currently trading under cautionary, has secured a 31.22% stake in First Mutual Holdings Limited (FML), paving the way for the creation of a US$2.5 billion financial behemoth to rival Old...Published: 13 Nov 2021 at 17:38hrs | 489 | by Staff reporter
Muchechetere still a ZBC employee, says Supreme Court
FORMER Zimbabwe Broadcasting Corporation (ZBC) chief executive Happison Muchechetere remains an employee after the Supreme Court overturned his expulsion from the State broadcaster six years ago....Published: 13 Nov 2021 at 05:58hrs | 509 | by Staff reporter
MP calls for local industry support
NYANGA South legislator Supa Mandiwanzira (Zanu-PF) has urged government to support local industries to ensure job creation and grow the foreign currency revenue base.Mandiwanzira made the rem...Published: 13 Nov 2021 at 05:58hrs | 80 | by Staff reporter
ZNCC pushes for fuel tax cuts
THE Zimbabwe National Chamber of Commerce (ZNCC) this week escalated business's push for an overhaul of the tax regime, as it warned the government that high fuel import taxes could hold back industri...Published: 13 Nov 2021 at 05:53hrs | 97 | by Staff reporter
Groundnuts dispute leads to suicide
A MAN committed suicide after he had an argument with his sister-in-law over a packet of roasted ground nuts that he had sold at a cheaper price.Jonathan Mavhunga (35)'s sister-in-law Lovelett...Published: 12 Nov 2021 at 05:34hrs | 466 | by Staff reporter
Mass exodus of science teachers hits Bulawayo schools
BULAWAYO schools have been hit by a mass exodus of science, technology, engineering and mathematics (STEM) teachers with 145 having left since the beginning of the year.The skills flight by ST...Published: 12 Nov 2021 at 05:34hrs | 676 | by Staff reporter
Bafana Bafana beat Mashonaland FC
South Africa 1 - ZimbabweZIMBABWE'S nightmarish 2022 World Cup campaign continued last night when the Warriors crashed to their fourth straight defeat in Group G at the FNB Stadium.I...Published: 12 Nov 2021 at 05:32hrs | 1334 | by Staff reporter
'Obeying illegal orders no defence for corruption'
The Zimbabwe Anti-Corruption Commission (ZACC) chairperson Justice Loice Matanda-Moyo has warned procurement officers against taking unlawful procurement instructions from their bosses, saying obedien...Published: 12 Nov 2021 at 05:31hrs | 115 | by Staff reporter
Crypto Exchange vs Crypto Broker: What Is the Difference?
There are so many terms used in the crypto world that tend to be confused to mean the same thing, while they do not. A good number of crypto users assume that a broker and an exchange are the same. In...Published: 11 Nov 2021 at 10:48hrs | 303 | by Staff Writer
Mupfumira did not influence me, says witness
A WITNESS in the matter of former Public Service minister Priscah Mupfumira, who is accused of criminal abuse of office after allegedly flouting tender procedures, has made a U-turn on her earlier tes...Published: 11 Nov 2021 at 06:23hrs | 939 | by Staff reporter
Bonus plus pay hike for civil servants
THERE is no need for civil servants to fret over the annual 13th cheque as it is on its way while the issue of a salary increment is on the table.Civil servants have been receiving their bonus...Published: 11 Nov 2021 at 06:20hrs | 2260 | by Staff reporter
A different kind of Flower power
Andy Flower holds countless records from his days as a talisman of the Zimbabwe cricket team, while the top of the world has also been reached as a coach with England. Such heights can only be scaled ...Published: 10 Nov 2021 at 19:06hrs | 836 | by Staff writer
FLASHBACK: Mnangagwa's November letter to Zimbabweans (2017)
My family was banished to Zambia when I was still in primary school for resisting the oppressive rule of the white minority regime in 1955. This action hardened my resolve for justice and black empowe...Published: 10 Nov 2021 at 12:45hrs | 2963 | by Emmerson Mnangagwa
Price hikes wave hits construction sector
A WAVE of price increases swept across the local housing construction sector, slowing progress of many projects, according to the Zimbabwe National Statistics Agency (ZimStats) 2021 third quarter Buil...Published: 10 Nov 2021 at 05:32hrs | 386 | by Staff reporter
ZERA hikes LPG gas prices
Zimbabwe Energy Regulatory Authority (ZERA) has made an upward review of Liquefied Petroleum Gas (LPG) prices to US$2,05 per kg effective from November 8, 2021.The liquid petroleum gas i...Published: 09 Nov 2021 at 05:35hrs | 497 | by Staff reporter
Blockchain Entrepreneurs launch new crypto product
Atria Fintech is a technology disruptor that offers bespoke fintech solutions for Atria Africa and its entire ecosystem. It falls under Cornerstone FinServ which is the holding company. Atria Fintech ...Published: 08 Nov 2021 at 09:57hrs | 965 | by Mandla Ndlovu
'Zimbabweans overtaxed'
ZIMBABWEANS are being heavily taxed, resulting in the Zimbabwe Revenue Authority (Zimra) meeting revenue collection targets despite a poor economic performance.A recent analysis on taxation by...Published: 08 Nov 2021 at 05:29hrs | 2448 | by Staff reporter
It is now the abused State security vs Chamisa
OPPOSITION MDC Alliance Nelson Chamisa's political wave, summarised under his rallying code #NgaapindeHakeMukoma, has left Zanu-PF mesmerised, confused and doing embarrassing things by conscripting th...Published: 08 Nov 2021 at 05:25hrs | 975 | by Isaac Mupinyuri
Tobacco hectarage increase 32%
More than 20 900 hectares have been put under tobacco, with the planting exceeding the same period last year by almost 32 percent, the Ministry of Lands, Agriculture, Fisheries, Water and Rural Develo...Published: 08 Nov 2021 at 05:23hrs | 138 | by Staff reporter
Most expensive Jordan items now worth close to $5M after record sale
For many NBA fans, Michael Jordan remains the Greatest of All Time nearly 3 decades after his first retirement. This is despite the emergence of elite talents such as Kobe Bryant, Lebron James and Kev...Published: 07 Nov 2021 at 18:08hrs | 1040 | by Staff Writer
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