Search / Prices
RBZ gold coins to strengthen Zimdollar
The Reserve Bank of Zimbabwe (RBZ) last week, following a resolution agreed on by its Monetary Policy Committee (MPC), announced plans to introduce gold coins to be used as a new investment tool to st...Published: 16 hrs ago | 362 | by Staff reporter
Mnangagwa's ailing govt splurges millions on ministers
GOVERNMENT will soon splurge millions of United States (US) dollars to buy luxury homes for Cabinet ministers and their deputies at a time President Emmerson Mnangagwa's administration is ...Published: 01 Jul 2022 at 19:45hrs | 2540 | by Staff reporter
Zimbabwe has higher inflation than war-torn Ukraine
ZIMBABWE's inflation rate at 191,7% as of June 23 is now much higher than Ukraine's 41%, a country in the middle of a fierce war with Russia.In a statement, the Zimbabwe Coalition on Debt and ...Published: 01 Jul 2022 at 07:22hrs | 222 | by Staff reporter
Zimbabwe's forex earnings to reach US$12 billion this year
ZIMBABWE registered US$4,9 billion of foreign currency inflows during the first five months of this year, and is on course to surpass the 2021 record of US$9,7 billion, a senior official has said....Published: 30 Jun 2022 at 06:43hrs | 376 | by Staff reporter
'Mthuli Ncube, John Mangudya must resign'
OPPOSITION political parties have demanded that Finance minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya resign, accusing them of crafting anti-poor policies that are wo...Published: 29 Jun 2022 at 07:49hrs | 3131 | by Staff reporter
Zimbabwe headed for a political dead heat in 2023
ZIMBABWE'S marginalised and poor communities, which have traditionally voted for the ruling Zanu-PF party and often abused as political fodder in the fractious politics of the country, are turning aga...Published: 29 Jun 2022 at 07:46hrs | 355 | by Rashweat Mukundu
Zimbabwe Parliament ignorant of Belarus fire tender deal
CLERK of Parliament Kennedy Chokuda has revealed that Parliament has no documentation proving that Harare and Belarus signed an agreement to procure fire tenders on behalf of local authorities as init...Published: 29 Jun 2022 at 07:45hrs | 244 | by Staff reporter
Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 29 Jun 2022 at 07:42hrs | 557 | by Staff reporter
Nigel Chanakira, please leave politics to politicians
Nigel Chanakira, please leave politics to politicians-no single individual, group, or political party can fight an entrenched dictator alone. One of the requirements of regime change is Unity of Oppos...Published: 28 Jun 2022 at 14:44hrs | 5052 | by Sam Wezhira
34,000 new houses for teachers, says Mthuli Ncube
THE government has said it would embark on a highly ambitious project to build 34,000 houses for teachers in the next five years.This comes at a time when teachers and health workers have been...Published: 28 Jun 2022 at 12:16hrs | 1034 | by Staff reporter
Biti tells Guvamatanga to 'shut up'
FORMER finance minister, Tendai Biti, has told off current treasury permanent secretary, George Guvamatanga, after he claimed civil servants are better paid now that they were during the government of...Published: 28 Jun 2022 at 07:32hrs | 3921 | by Staff reporter
CCC dismisses new Zimbabwe economy measures; says Chamisa-led govt only solution
Minister Mthuli Ncube (on Monday) announced measures that are meant to curb hyperinflation and stabilize (prices) as well as address the remuneration crisis in the civil service. The Reserve Bank also...Published: 28 Jun 2022 at 07:29hrs | 1402 | by Fadzayi Mahere
Mthuli Ncube redollarises
GOVERNMENT yesterday brought back the United States dollar as legal tender to stem rising inflation and restore confidence in the economy, but critics say the move will lead to more demands for salari...Published: 28 Jun 2022 at 07:26hrs | 8042 | by Staff reporter
Zimbabwe now needs new economic thinkers
LATEST statistics from the Zimbabwe National Statistics Agency (ZimStat) indicate that the country's year-on-year inflation is inches away from breaching the 200% mark. The agency's June figures show ...Published: 28 Jun 2022 at 07:22hrs | 207 | by Staff reporter
South Africans face another fuel price increase as well as interest rate hike
There seems to be no reprieve for South African wallets as another hefty fuel increase is predicted for next week, as well as economists anticipating further interest hikes.The Organisation Un...Published: 27 Jun 2022 at 19:33hrs | 687 | by Staff reporter
Zimbabwe central bank hikes interest rates to 200%
THE Reserve Bank of Zimbabwe (RBZ) on Monday hiked interest rates from 80% to 200% in a bid to block cheaper speculative borrowing which has adverse effects on exchange rates.The developments ...Published: 27 Jun 2022 at 19:08hrs | 852 | by Staff reporter
Zimbabwe bans US$ sales discounts
FINANCE Minister, Mthuli Ncube on Monday traversed a tight passage as he balanced between the country's pressing economic needs and the tide of rising inflation prompted by external factors and low co...Published: 27 Jun 2022 at 19:06hrs | 3254 | by Staff reporter
'2013 elections were so flawed, so illegal withdraw was the only logical step' - today it's only sane step
"Zanu PF has won the Masvingo West ward 21 by-election," reported Zimeye."Sources in the ward spoke of intimidation of voters and rampant rigging by Zanu PF."What is really infuriating is thes...Published: 27 Jun 2022 at 06:43hrs | 574 | by P Guramatunhu
'South Africa's petrol price could hit R40 a litre'
The ongoing war in Ukraine is costing South Africa billions in lost revenues and added costs, and trade officials are concerned that further widespread disruptions to the local economy are likely....Published: 26 Jun 2022 at 12:29hrs | 1922 | by Staff reporter
Innscor fined US$9m, ordered to divest from Probrands
THE Competition and Tariff Commission (CTC) imposed a fine of US$9,1 million on Innscor Africa Limited (Innscor) for consummating the merger of one of its subsidiaries without the Commission's approva...Published: 26 Jun 2022 at 12:26hrs | 8905 | by Staff reporter
Zimbabwe nurses strike takes new twist
HEALTH workers are up in arms with Health Apex council leaders whom they accuse of nicodemously cutting a deal with the government to end their weeklong strike.Nurses and other health workers ...Published: 26 Jun 2022 at 10:48hrs | 2299 | by Staff reporter
G7 face battle for unity as cost of Ukraine war mounts
The Russian war against Ukraine will inevitably dominate the summit of G7 nations in Bavaria.And the leaders of the US, UK, Germany, France, Italy, Canada and Japan face a difficult challenge....Published: 26 Jun 2022 at 08:50hrs | 339 | by Staff reporter
Family of 6 now requires ZW$110,550 for monthly expenses in Zimbabwe
THE cost of living for a family of six has shot up to a whooping ZW$110 550 for monthly expenses, Zimbabwe National Statistics Agency (ZIMSTAT) latest data for June 2022 has revealed.During th...Published: 26 Jun 2022 at 08:16hrs | 383 | by Staff reporter
Zimbabwe inflation doubles in two months to 191%
ZIMBABWE'S annual inflation rate quickened to 191.6 percent in June, more than doubling the consumer price increases of two months ago, official statistics showed Saturday.The development came...Published: 26 Jun 2022 at 08:16hrs | 312 | by Staff reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | 171 | by Staff reporter
Is July Moyo new face of corruption?
THE government has willfully violated the country's constitution by abusing devolution funds without the required legislation amid fears that the abuse of millions of dollars meant for other services ...Published: 25 Jun 2022 at 19:10hrs | 371 | by Staff reporter
Trust in Zimbabwe army, elected officials dwindles
THE majority of Zimbabweans say the government has failed to address economic challenges, create jobs and ensure price stability, with a huge percentage saying they would vote for the opposition Citiz...Published: 25 Jun 2022 at 19:07hrs | 3262 | by Staff reporter
Zimbabwe govt incentives behind record gold deliveries, says Sakupwanya
ZIMBABWE'S biggest gold buyer Better Brands Jewellery (BBJ), owned by local gold baron Pedzisayi "Scott" Sakupwanya, says the government's current bullion incentives will see record deliveries to the ...Published: 25 Jun 2022 at 19:05hrs | 188 | by Staff reporter
Mnangagwa ally creams off US$60m from broke Zimbabwe municipalities
PRESIDENT Emmerson Mnangagwa's Belarus ally is set to pocket over US$62 million if the murky deal that will see over 63 rural district councils, 32 urban local authorities and metropolitan provinces p...Published: 25 Jun 2022 at 19:04hrs | 540 | by Staff reporter
Mnangagwa vows to tame price madness
PRESIDENT Emmerson Mnangagwa yesterday said he would today announce sweeping policy measures to deal with skyrocketing prices of basics and services, including inflation."My government will to...Published: 25 Jun 2022 at 08:41hrs | 865 | by Staff reporter
Zimbabwe lawmakers demand names of forex manipulators
MEMBERS of Parliament (MPs) have demanded that the Finance ministry should bring a list of all exchange rate manipulators to the House so that they are named and shamed.This was after Finance ...Published: 25 Jun 2022 at 08:41hrs | 360 | by Staff reporter
Mnangagwa to spell out anti-price hike measures
Government will announce more measures to address the rises in prices of basic goods and services President Mnangagwa told the Seventh National Congress of the Zanu-PF Women's League in Harare yesterd...Published: 25 Jun 2022 at 08:35hrs | 184 | by Staff reporter
New economic measures out today
More Government measures to address the price rises in basic goods and services since the beginning of the year are expected to be announced today, President Mnangagwa told the Seventh National Congre...Published: 25 Jun 2022 at 08:32hrs | 135 | by Staff reporter
Motorists, council clash over forex
MOTORISTS have clashed with the Harare City Council over allegations that the local authority is refusing to accept fines in the Zimbabwe dollar (Zimdollar).The city fathers are allegedly dema...Published: 24 Jun 2022 at 08:57hrs | 1498 | by Staff reporter
MPs fume over exchange rate manipulation
LEGISLATORS have demanded that the Finance ministry must bring a list of all exchange rate manipulators to Parliament and those who have benefitted from the foreign currency auction system.Thi...Published: 24 Jun 2022 at 07:42hrs | 866 | by Staff reporter
Zimbabwe on the brink: Living in fragile peace
YESTERDAY, the Zimbabwe Human Rights Association (ZimRights) launched the 2021 State of Peace Report. It is an annual product of the ZimRights' Right to Peace Campaign which seeks to empower communiti...Published: 24 Jun 2022 at 07:41hrs | 401 | by Dzikamai Bere
BCC takes stock of city hotels, lodges
THE Bulawayo City Council (BCC) will this month conduct a survey to take stock of the city's hotels and lodges.Council said it intends to create a database that will assist players in the tour...Published: 24 Jun 2022 at 07:38hrs | 249 | by Staff reporter
Zimbabwe schools seek to peg fees in USD
SCHOOL authorities have appealed to Government to allow them to peg fees in United States dollars saying that is the only way they can remain afloat as their RTGS budgets are quickly eroded by inflati...Published: 24 Jun 2022 at 07:37hrs | 260 | by Staff reporter
Belarus fire tenders deal above board, claims Govt
The procurement of fire tenders for all local authorities from Belarus using devolution funds is above board with the Government having conducted proper consultations with concerned stakeholders, the ...Published: 24 Jun 2022 at 07:30hrs | 102 | by Staff reporter
EcoCash limits reviewed to Z$280 000 per month, Z$400 000 to shop and pay bills
MOBILE money service operator EcoCash has adjusted upwards its transaction limits with users now able to send up to ZW$280 000 per month, and to shop and pay bills of up to ZW$400 000 in a single mont...Published: 23 Jun 2022 at 18:22hrs | 1046 | by Staff reporter
EcoCash transaction limits reviewed
EcoCash users can now sent ZW$280 000 per month, and spent up to ZW$400 000 to shop and pay bills.EcoCash transaction limits have been ...Published: 23 Jun 2022 at 06:39hrs | 1030 | by Agencies
Chamisa-run councils will 'reject' July Moyo's fire trucks
The Citizens Coalition for Change which is the majority party in most urban councils says it is prepared to go to court to stop local government minister July Moyo forcing local authorities to buy fir...Published: 22 Jun 2022 at 07:48hrs | 4895 | by Staff reporter
Mthuli Ncube has not ruled out US$ salaries
GOVERNMENT yesterday said it had not yet ruled out the possibility of paying civil servants salaries in United States dollars citing the current US$175 incentive as evidence of its willingness to meet...Published: 22 Jun 2022 at 06:47hrs | 3035 | by Staff reporter
Storm over govt fire tender deal
THE decision by government to acquire fire tenders from Belarus on behalf of local authorities at questionable prices has torched a storm, with observers pointing to possible corruption.In a c...Published: 22 Jun 2022 at 06:45hrs | 212 | by Staff reporter
Parly probes companies refusing local currency
PARLIAMENT will soon institute urgent investigations into manufacturers and wholesalers that are not accepting local currency as a means of payment for basic commodities despite obtaining foreign curr...Published: 22 Jun 2022 at 06:40hrs | 238 | by Staff reporter
Dubai Zimbabwe's second-largest gold market
THE United Arab Emirates (UAE) has consolidated its position as Zimbabwe's second-largest export destination as gold shipments to the region continue to grow, a new report by the country's statistical...Published: 21 Jun 2022 at 15:24hrs | 645 | by Staff reporter
Zanu-PF supporters corner ministers, RBZ over failure
Zanu-PF supporters have strongly warned the party of impending electoral defeat in the 2023 general election and accused some of President Emmerson Mnangagwa's deployees in government, particularly Fi...Published: 21 Jun 2022 at 15:24hrs | 976 | by Staff reporter
Doctors, nurses reveal Chiwenga's 14-month snub
Doctors, nurses and radiographers boycotted work on the first day of an indefinite strike over pay on Monday.The strike was mostly felt at the country's largest referral hospital – Par...Published: 21 Jun 2022 at 15:23hrs | 470 | by Staff reporter
South Africa taxis to hike fare amid spiralling fuel hikes
South Africans who make use of minibus taxis as a means of transportation will have to brace for another cost of living increase, after a Santaco representative revealed that the organisation is set o...Published: 21 Jun 2022 at 14:03hrs | 260 | by Staff reporter
July Moyo linked to inflated Belarus fire tenders scandal
LOCAL government minister July Moyo was this Monday the subject of another corruption allegation storm over the procurement of fire-fighting vehicles from Belarus.Moyo is reportedly under inve...Published: 21 Jun 2022 at 06:46hrs | 1422 | by Staff reporter
Load More Stories
