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'Financial distress to persist for Zimbabwe's urban poor'
USAID food security unit, Famine Early Warning Systems Network (FEWS NET), says most urban families in Zimbabwe are expected to remain in financial doldrums due to skyrocketing cost of living....Published: 8 hrs ago | 153 | by Staff reporter
Hospital hails MDC activist
Mvurwi hospital has hailed MDC Alliance activist Thulan Mcumillan Ndlovu for recently assisting them with transport to carry their equipments from S...Published: 9 hrs ago | 1152 | by Simbarashe Sithole in Mvurwi
We are in far greater danger from the Zimbabwean regime than from COVID-19
I am sure most of those in my age group can still remember those weirdly strange questions we would ask each other whilst we were still primary school children - "Who would hurt you the most were they...Published: 24 hrs ago | 1185 | by Tendai Ruben Mbofana
Zimbabwe inflation to fall below 55%, says RBZ
THE Reserve Bank of Zimbabwe (RBZ) says it is targeting a slide in the annual inflation to below 55% by July this year, underpinned by its disinflationary strategy that has been credited for calming m...Published: 06 May 2021 at 05:47hrs | 700 | by Staff reporter
Zimbabwe reduces fuel pump price
THE Zimbabwe Energy Regulatory Authority (Zera) has with effect from today reduced the pump price for petrol in foreign currency by 0,75 percent to US$1,33 per litre from US$1,34.In its latest...Published: 05 May 2021 at 15:12hrs | 3954 | by Staff reporter
The paradox of Zimbabwe's rising prices and falling inflation
FOLLOWING months of scepticism over Zimbabwe's ability to achieve its targeted annual inflation rate, some of the country's leading analysts are beginning to change theirview.Now, they fee...Published: 03 May 2021 at 06:24hrs | 1190 | by Staff reporter
Workers, pensioners feel the pinch
WORKERS under the Zimbabwe Congress of Trade Unions (ZCTU) banner yesterday decried living standards in the country, which they described as "unbearable and terrible", and worse than life during the t...Published: 03 May 2021 at 06:21hrs | 711 | by Staff reporter
'Willowgate' Shava refused to work over his US$100k arrears yet no qualms enforcing 'no work no pay' over slave wages
The 1980s Willowvale Motor Industries scandal in which the Zanu PF ruling elite used or rather abused their positions of power and authority to buy new vehicles at the low controlled prices, ostensibl...Published: 01 May 2021 at 09:18hrs | 1193 | by Patrick Guramatunhu
Zimbabwe govt caves in to market pressure
THE Zimbabwean government has caved in to market demands for valuation of the two suspended formally dually-traded securities, Old Mutual and PPC, to be valued according to the closing prices of the t...Published: 30 Apr 2021 at 07:27hrs | 2892 | by Staff reporter
Unpacking the lobola refund issue
Zimbabweans were highly active on social media discussing an underreported 2015 court ruling which made a ruling that a man can sue his in-laws to recover lobola if his wife cheated on him. The ...Published: 30 Apr 2021 at 07:16hrs | 1912 | by Dr Masimba Mavaza
Forex crisis hits fertilizer industry
LOCAL fertiliser producers have bemoaned the shortage of foreign currency which has hampered production, adding that the foreign currency auction system introduced by the central bank was failing to m...Published: 30 Apr 2021 at 06:42hrs | 154 | by Staff reporter
Obadiah Moyo's trial date set
Harare magistrate Mr Stanford Mambanje has set May 26 as the trial date for former Health and Child Care Minister Obadiah Moyo. Through his lawyer, the ex-Cabinet minister had applied fo...Published: 30 Apr 2021 at 06:34hrs | 133 | by Staff reporter
Vote overwhelmingly to counter rigging
The 2023 election is going to be the most interesting do or die battle for both the main two political rival parties Zanu PF and MDC-Alliance who are playing their cards right on their chests....Published: 28 Apr 2021 at 15:34hrs | 1132 | by Leonard Koni
Family basket shoots to $28 300/month
THE monthly cost of living for a family of five has shot to $28 362 from $26 560 in March, data from the Zimbabwe National Statistics Agency (ZimStat) indicated yesterday. Price increases have continu...Published: 28 Apr 2021 at 06:15hrs | 1323 | by Staff reporter
Sex workers turn to technology for survival
THE COVID-19-induced lockdown may have brought many businesses to their knees, but innovation has kept others going and commercial sex workers have not been left out in embracing technology to eke a l...Published: 22 Apr 2021 at 06:26hrs | 3449 | by Staff reporter
Retailers squeal over protectionist policies
THE Confederation of Zimbabwe Retailers (CZR) has challenged the promulgation of Statutory Instrument (SI) 89 of 2021, which among others restricts importation of second-hand cars that are more than 1...Published: 20 Apr 2021 at 07:30hrs | 684 | by Staff reporter
Skiing in the Dolomites
The dream skiing holiday requires appropriate preparation and the choice of the best location. A guarantee of the appropriate weather? Great skiing conditions? Rich tourist infrastructure? You will fi...Published: 19 Apr 2021 at 10:59hrs | 481 | by Staff Writer
Excessive taxation driving fuel prices up
On the 5th of April, the Zimbabwe Energy Regulatory Authority (ZERA) announced new pump price ceilings for fuel on the local market. The maximum pump price for Diesel is now ZW$111.77 per litre, up fr...Published: 19 Apr 2021 at 09:09hrs | 1327 | by Victor Bhoroma
Unresolved economic issues for 2021
The Zimbabwean economy has experienced a period of relative stability since October 2020, even though multiple reforms have to be implemented to attain sustained economic growth. To a larger extent th...Published: 19 Apr 2021 at 09:05hrs | 643 | by Victor Bhoroma
New farmers revel in land reform glory
ZIMBABWEAN farmers have shown a positive energy, desire and capability to restore the country to being the bread basket of the region as they revel in the success of the land reform programme which re...Published: 18 Apr 2021 at 08:58hrs | 209 | by Staff repoirter
Zimbabwe plans to produce 100 MW from wind
Government is mobilising additional funds to undertake an assessment on possible sites for wind farms after initial bids for the project markedly exceeded the budget earmarked for the project, accordi...Published: 18 Apr 2021 at 08:55hrs | 190 | by Staff reporter
Zimbabwe shall rise again
EMMERSON Mnangagwa, in his message during Zimbabwe's 38th Independence celebrations, months after the coup that removed long-serving leader Robert Mugabe and a few months before his election as ...Published: 18 Apr 2021 at 08:54hrs | 221 | by Emmerson Mnangagwa
Painful policies pay off, says Mnangagwa
ZIMBABWE has begun to enjoy the fruits of painful policies introduced by the Second Republic when it came to power, with consistent electricity and fuel supplies and a stable local currency.Mo...Published: 18 Apr 2021 at 07:13hrs | 1006 | by Staff Reporter
Zimbabwe poverty reaches alarming levels
ABOUT 1.5 million people living in Zimbabwe's urban centres plunged into alarming penury after their livelihoods were disrupted by the outbreak of Covid-19 and restrictions which were enforced to cont...Published: 17 Apr 2021 at 16:18hrs | 490 | by Staff reporter
Business frets over third Covid-19 wave
BUSINESS is fretting over the possibility of a Covid-19 third wave, with captains of industry warning this week another stringent lockdown would push the economy over the brink.There have been...Published: 16 Apr 2021 at 07:53hrs | 399 | by Staff reporter
Govt unveils 2021 crop producer prices
GOVERNMENT has announced new producer prices for commercial crops for the 2021/22 marketing season.Sugar beans will be sold at $90 000 per metric tonne, groundnuts ($40 000), sunflower ($40 00...Published: 15 Apr 2021 at 07:39hrs | 1690 | by Staff reporter
Why Mnangagwa wants Luke Malaba to stay
ON 6 April 2021, the Zimbabwean senate passed Constitutional Amendment Bill (N0.1), which had been declared null and void by the Constitutional Court (ConCourt) on 31 March 2020, after it was unconsti...Published: 13 Apr 2021 at 07:56hrs | 4600 | by Staff reporter
Mnangagwa tramples on constitution over Malaba
CHIEF Justice Luke Malaba is back on track after a temporary derailment of a controversial extension of his tenure linked to President Emmerson Mnangagwa's 2023 re-election bid.This comes afte...Published: 13 Apr 2021 at 07:55hrs | 3777 | by Staff reporter
US$ prices must come with US$ salaries, says MDC Alliance
THE main opposition MDC Alliance has blasted government for its decision to price passport fees in United States dollars at a time when workers in the country earn measly amounts in local currency....Published: 13 Apr 2021 at 06:41hrs | 968 | by Staff reporter
Murowa running out of diamonds
OUTPUT at RioZim's gem extraction associate Murowa Diamonds slipped to 579 000 carats during the year ended December 31, 2020 after Zimbabwe's oldest operating diamond mining asset depleted high-grade...Published: 12 Apr 2021 at 07:21hrs | 1039 | by Staff reporter
We're coming for you: Mnangagwa warns financial sector sharks
GOVERNMENT is going to decisively deal with sharks in the financial sector who are profiteering at the expense of the public, President Mnangagwa has said. In an interview ahead of the country...Published: 12 Apr 2021 at 06:56hrs | 770 | by Staff reporter
Milk shortages hit Zimbabwe
Zimbabwe has been hit by a serious milk shortage, with dairy farmers citing viability challenges emanating from poor producer prices, it has emerged. Zimbabwe Association of Dairy Farmers (ZADF) chair...Published: 11 Apr 2021 at 06:52hrs | 869 | by Staff reporter
RioZim gold output falls 27%
LOW ore grade at the Zimbabwe Stock Exchange-listed gold producer RioZim's flagship unit Cam&Motor Mine saw the firm's total output tumble by 27% during the year ended December 31, 2020, said the ...Published: 11 Apr 2021 at 06:44hrs | 120 | by Staff reporter
If you sow mischief, you harvest grief
IN 2019, Zimbabwe experienced three days of darkness between January 14 and January 17.It seemed looneys had broken from the asylum and set fire on the tinderbox.Chaos and madness reig...Published: 11 Apr 2021 at 05:38hrs | 156 | by Staff reporter
Zimbabwe targets US$5bn tobacco industry
THE government wants to create a U$5 billion tobacco industry by 2025 as it moves to turn around the economy through agriculture.This comes as Agriculture minister Anxious Masuka told stakehol...Published: 08 Apr 2021 at 16:35hrs | 393 | by Staff reporter
Tobacco production target raised to 300 million kgs
The new tobacco selling season opened yesterday with Government hoping that the industry cannot just survive at present levels but raise production to 300 million kilogrammes annually through the impl...Published: 08 Apr 2021 at 08:38hrs | 93 | by Staff reporter
Zimbabwe's tobacco selling season kicks off today
The new tobacco selling season kicks off today with the opening ceremony this morning at the Tobacco Sales Floor in Harare and with contract sales opening tomorrow. The Tobacco Industry and Ma...Published: 07 Apr 2021 at 06:44hrs | 247 | by Staff reporter
Fuel price increased again in Zimbabwe
THE Zimbabwe Energy Regulatory Authority (Zera) has increased prices for diesel and blend with effect from today. The review follows adjustments made in February when Zera cited a general rise in fuel...Published: 06 Apr 2021 at 06:42hrs | 1074 | by Staff reporter
Govt cuts royalties for gold miners
THE government has reduced royalties payable by artisanal and small-scale gold miners from two percentage points to one percentage point for 500 grammes of the precious yellow metal per month....Published: 05 Apr 2021 at 16:58hrs | 702 | by Staff reporter
Zera opens fuel import licence applications
THE Zimbabwe Energy Regulatory Authority (Zera) is now accepting applications for fuel importation licences for 2021, outlawing 2019 fuel procurement licences that were still in use.In a state...Published: 05 Apr 2021 at 16:55hrs | 353 | by Staff reporter
'Zimbabwe hurtling towards stagflation'
LAST week the CEO Africa Roundtable (CEOART) gathered some of Zimbabwe's best economists and industrialists to digest economic developments during the first quarter of 2021. What came out of the summi...Published: 04 Apr 2021 at 09:44hrs | 541 | by Staff reporter
ZCTU slams businesses for double dealing
THE Zimbabwe Congress of Trade Unions (ZCTU) has slammed some local businesses for enjoying access to foreign currency at the official rate while unfairly pricing their goods and services using parall...Published: 04 Apr 2021 at 09:01hrs | 107 | by Staff reporter
ZANU PF has no moral high ground to urge nation to honour struggle icons, as the party at forefront of abandoning heroes, and de
ZANU PF has no moral high ground to urge the nation to honour struggle icons, as the party at forefront of abandoning heroes, and deleting its own from history.There are two questions that hav...Published: 02 Apr 2021 at 12:12hrs | 878 | by Tendai Ruben Mbofana
Forced patriotism as Zanu-PF moves to entrench police state
Zanu-PF is pushing the controversial Patriotic Bill to entrench a police state and quash any dissenting voices ahead of the 2023 elections, analysts have said.The government has been previousl...Published: 01 Apr 2021 at 07:22hrs | 1804 | by Staff reporter
Gweru residents get home ownership
AT least 198 families in Gweru's oldest suburb, Mtapa, will become home owners after the Gweru City Council agreed to give them ownership of the properties.This comes after several years of lo...Published: 01 Apr 2021 at 07:09hrs | 440 | by Staff reporter
Thousands flock to rural areas ahead of curbs countrywide
AHEAD of the 21-day lockdown starting today to contain the spread of Covid-19, thousands of people yesterday thronged Mbare Musika bus rank in Harare and many other pick-up points seeking transport to...Published: 31 Mar 2021 at 06:30hrs | 2462 | by Staff reporter
2,4m urban households food insecure: ZimVAC
APPROXIMATELY 2,4 million Zimbabweans in urban areas are struggling to meet their basic food needs, the latest report by the Zimbabwe Vulnerability Assessment Committee (ZimVAC) has revealed.I...Published: 30 Mar 2021 at 06:55hrs | 187 | by Staff reporter
Mthuli Ncube, Zimra sued over rice tax
FINANCE minister Mthuli Ncube and the Zimbabwe Revenue Authority (Zimra) have been taken to court for double taxation on rice imports.The matter was filed yesterday at the High Court under cas...Published: 30 Mar 2021 at 06:55hrs | 1234 | by Staff reporter
AfDB pegs Zimbabwe growth at 4,2%
ZIMBABWE'S economy contracted by 10% last year and is envisaged to grow by 4,2% in 2021 if effective measures are taken to stabilise foreign exchange and avoid excessive money creation, the African De...Published: 29 Mar 2021 at 06:26hrs | 354 | by Staff reporter
Zimbabwe cost of living spikes again
THE cost of living for an average family of five shot to $26 560 this month, from $25 900 in February, following a price rage that has defied a range of measures lined up to avert a crisis, data from ...Published: 29 Mar 2021 at 06:25hrs | 2665 | by Staff reporter
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