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Zanu-PF to expel Old Mutual from Zimbabwe?
Zimbabwe's ruling party said it will expel Old Mutual Ltd. from its financial system, sowing confusion over the status of the insurance giant in the country and what will happen next in the government...Published: 12 hrs ago | 6149 | by Bloomberg
Mnangagwa hints at lockdown extension
AMID an increase in the number of Covid-19 cases including deaths, President Mnangagwa yesterday hinted that the Government could scale up preventive and containment measures. Addressing an Or...Published: 20 hrs ago | 2516 | by Staff reporter
Pan-Africanism and Anti-Imperialism should never be abused to justify corruption, tyranny, and brutality against one's own citiz
In all my 47 years of existence on this planet Earth, there has always been one thing that has always thoroughly vexed my intellect - as I have greatly struggled to fathom how something that appears s...Published: 10 Jul 2020 at 15:42hrs | 945 | by Tendai Ruben Mbofana
Mthuli Ncube faces uphill task
FINANCE minister Mthuli Ncube, expected to present his mid-term budget statement next week, faces a daunting task to craft a cocktail of measures to stem the steepest economic decline in Zimbabwe sinc...Published: 10 Jul 2020 at 07:21hrs | 4067 | by Staff reporter
'Zimbabwe's fuel pricing structure is flawed, uncompetitive'
AS the country reels under acute fuel shortages, compounded by the depreciating Zimbabwean dollar and limited foreign currency, senior reporter Tinashe Kairiza (TK) this week spoke to National Oil Inf...Published: 10 Jul 2020 at 07:11hrs | 1526 | by Staff reporter
Govt to audit US$ service stations
Government says it will conduct audits on fuel companies accessing the precious commodity through the reserve Bank of Zimbabwe foreign currency facility to check if they were not double-dipping by sel...Published: 10 Jul 2020 at 07:03hrs | 885 | by Staff reporter
Jonathan Moyo instigating mass uprising in Zimbabwe?
Zimbabwe's ruling Zanu-PF party on Monday accused exiled former minister Jonathan Moyo of agitating for "mass uprising" in the country and called for his extradition from Kenya.Zanu-PF secreta...Published: 10 Jul 2020 at 06:58hrs | 3479 | by Staff reporter
Pressure mounts on Mnangagwa
Pressure is mounting on President Emmerson Mnangagwa's administration to resolve the economic crisis as the cost of living skyrockets.This comes as the local currency continues to lose value a...Published: 09 Jul 2020 at 20:53hrs | 9622 | by Staff reporter
High Court ends Muthombeni's wee long detention over anti-Mnangagwa slur
HIGH Court Judge Justice Neville Wamambo on Monday ended the week-long detention of Ephraim Muthombeni, the Director of Masvingo Centre for Research Advocacy and Community Development (MACRAD), who wa...Published: 09 Jul 2020 at 08:08hrs | 1999 | by Stephen Jakes
Mnangagwa pampers soldiers, police
PRESIDENT Emmerson Mnangagwa has pampered soldiers and the police, giving them between $5 000 and $8 000 COVID-19 allowances which critics say are meant to appease them ahead of the planned July 31 pr...Published: 09 Jul 2020 at 07:26hrs | 20684 | by Staff reporter
Zanu-PF threatens to clamp down on big business
ZANU-PF has threatened to clamp down on big business fond of disrupting government policies by inflating prices of goods and manipulating the black market.Speaking at a policy meeting in Harar...Published: 09 Jul 2020 at 07:23hrs | 3011 | by Staff reporter
Zanu-PF sweating over the planned July 31 mass protests
JITTERY Zanu-PF officials are sweating over the planned July 31 mass protests, which they claim are meant to topple President Emmerson Mnangagwa from power.Addressing a party meeting in Harare...Published: 08 Jul 2020 at 18:29hrs | 2303 | by Staff reporter
Nehanda's bones not yet risen - as she didn't die for White Rhodesia to be replaced by Black Rhodesia!
Yesterday, the 7th July 2020, I took time to watch the usual post-Cabinet media briefing, beamed live on state television - whereby, several government ministers update the nation on their deliberatio...Published: 08 Jul 2020 at 15:51hrs | 762 | by Tendai Ruben Mbofana
Building material prices up 78.7% in Zimbabwe
Prices of building materials rose an average 78.78% in the first quarter, gaining 31.52 percentage points from December mainly due to pressures in cement, paint, and glass as well as well electrical g...Published: 07 Jul 2020 at 21:41hrs | 3049 | by Staff reporter
The greatest threat to Zimbabwe's peace and security are not foreign entities, or their 'stooges', but it's ZANU PF itself!
Reading the media in Zimbabwe, even since the November 2017 military coup d'etat - which toppled long-time tyrant Robert Gabriel Mugabe, replacing him with his decades-long right-hand man and protĂ©gĂ...Published: 07 Jul 2020 at 14:46hrs | 2039 | by Tendai Ruben Mbofana
Mnangagwa spends $480m on Zupco, roller meal subsidies
THE government spent $480 million on the Zupco and roller meal subsidies in the first four months of 2020, but still managed to balance its budget over the period, Treasury data shows.Governme...Published: 06 Jul 2020 at 13:08hrs | 2321 | by staff reporter
BCC struggles to pay workers
BULAWAYO City Council (BCC) says its coffers are running dry and as such it is struggling to pay its workers and deliver services effectively. The council which says its revenue declined by 80...Published: 06 Jul 2020 at 13:06hrs | 489 | by Staff reporter
Zimbabwe's diamond stash to rake in millions
The Minerals and Marketing Corporation of Zimbabwe (MMCZ) has said it is getting ready to sell the country's diamond stockpile of over one million carats, in a move expected to boost the country's cof...Published: 05 Jul 2020 at 09:42hrs | 2095 | by Staff Reporter
Radical Economic Structural Transformation (part 6 of 10)
"The sacrosanct cornerstone and golden thread upon which any successful productive economy can be built is the legal protection of private property ownership."We all know that Zimbabwe's agric...Published: 03 Jul 2020 at 10:25hrs | 1652 | by Vince Musewe
Mthuli Ncube misses revenue collection target
FINANCE Minister Mthuli Ncube missed April's revenue collection targets by 11 % owing to the impact Covid-19 lockdown had on businesses that were grounded to a halt as part of measures to minimise the...Published: 03 Jul 2020 at 08:09hrs | 1026 | by newzimbabwe
'Mthuli Ncube's policies a security threat'
FINANCE Minister Mthuli Ncube was Thursday told in Senate the newly introduced foreign currency exchange auction trading system was a security threat as it had added burden to long suffering Zimbabwea...Published: 03 Jul 2020 at 07:55hrs | 1151 | by newzimbabwe
BCC to bill in forex
Bulawayo City Council (BCC) is considering billing residents in foreign currency and has re-adopted selling of residential stands in US dollars. The local authority, in the latest council repo...Published: 02 Jul 2020 at 18:35hrs | 1716 | by Staff reporter
Govt, workers face off over US$ salaries
ZIMBABWE'S public sector unions yesterday demanded that government pays their wages in United States dollars and threatened to go on strike, adding to the problems facing President Emmerson Mnangagwa'...Published: 02 Jul 2020 at 18:27hrs | 1156 | by Staff reporter
WATCH: MDC mobilises mass resistance against ZANU PF
The opposition MDC has announced that it is mobilising the grassroots to take action to defend their livelihoods that: "have been stolen by the corruption and bad governance of Zanu PF. We repeat - po...Published: 02 Jul 2020 at 14:28hrs | 8297 | by Mandla Ndlovu
RBZ invites all forex holders to use new auction systems
The Reserve Bank of Zimbabwe (RBZ)'s monetary policy committee (MPC) has implored all holders of foreign currency to sell their money through the apex bank's auction market at their preferred prices, ...Published: 01 Jul 2020 at 17:55hrs | 1680 | by Staff reporter
Zimbabwe's political climate remains tense
WITH Zimbabwe's political situation remaining tense, the government is planning to introduce a new law which criminalises the spreading of falsehoods against key State institutions such as the militar...Published: 01 Jul 2020 at 17:54hrs | 1354 | by Staff reporter
NGO director imprisoned over anti Mnangagwa slur as Haruzivishe, Masaraure are freed on bail
A ZIMBABWEAN court on Tuesday condemned Epraim Mutombeni, the Director of Masvingo Centre for Research Advocacy and Community Development (MACRD), a local non-governmental organisation, to prison afte...Published: 01 Jul 2020 at 09:39hrs | 2988 | by Stephen Jakes
Zimbabwe security chefs fingered in mobile money suspension
Zimbabwe's security force leaders sidelined the nation's economic chiefs and forced the government to close the stock exchange and halt most mobile-money transactions, people familiar with the situati...Published: 30 Jun 2020 at 22:44hrs | 5841 | by Staff reporter
Zimbabwe army's morale at rock bottom
DEFENCE minister Oppah Muchinguri sensationally told Parliament yesterday that morale among members of the Zimbabwe National Army had hit rock bot-tom as a result of the failing economy and that many ...Published: 30 Jun 2020 at 08:23hrs | 12271 | by Staff reporter
FAO doubts Zimbabwe's cereal import capacity
ZIMBABWE'S cereal import requirements for the 2020/21 year are estimated at about 1,1 million tonnes amid concern over the country's capacity to access offshore supplies at a time it is battling worse...Published: 30 Jun 2020 at 08:15hrs | 336 | by Staff reporter
Electricity tariff increase looms
The Zimbabwe Energy Regulatory Authority (ZERA) is assessing an application for an electricity tariff increase that was recently lodged by the Zimbabwe Electricity Transmission and Distribution Compan...Published: 30 Jun 2020 at 07:52hrs | 1056 | by Staff reporter
Nguwaya bail ruling postponed
DELISH Nguwaya, who is challenging the magistrates' court decision to deny him bail, will know his fate tomorrow when the High Court is expected to deliver its ruling on his application for bail pendi...Published: 30 Jun 2020 at 07:52hrs | 231 | by Staff reporter
Plot to destabilise Zimbabwe economy exposed?
AS Government intensifies efforts to close channels that are fuelling the black market and other illicit financial activities, it has emerged that some foreign nations and individuals have been trying...Published: 30 Jun 2020 at 07:52hrs | 2102 | by Staff reporter
Mnangagwa told to engage rivals
RETURNING Zanu-PF liberation stalwart, Rugare Gumbo, pictured, has implored President Emmerson Mnangagwa to join hands with the opposition and other social formations to end the country's deepening po...Published: 29 Jun 2020 at 18:50hrs | 3485 | by Staff reporter
Zimdollar continues to tumble
A forex dealer brandishes wads of $2 and $5 notes in Harare. The Zimdollar has continued losing value against stronger currencies like the rand and the United States dollar.THE Zimbabwe dollar...Published: 29 Jun 2020 at 07:46hrs | 4258 | by Staff reporter
'Mobile money suspension will bury Zimbabwean economy'
THERE is a debilitating mixture of chaos, confusion and panic among both consumers and businesses across the country, after the government made a surprise announcement late on Friday evening that it w...Published: 28 Jun 2020 at 17:41hrs | 1948 | by Staff reporter
Zimbabwe on the edge again?
A Zimbabwean shopper in a Harare supermarket shook his head, grumbling as he returned a loaf of bread to a rack after finding the price had jumped by a third and he could no longer afford it.N...Published: 28 Jun 2020 at 10:17hrs | 3253 | by AFP
Zimbabwe needs a fresh start and a people's government!
MDC Alliance leader Nelson Chamisa has said Zimbabwe needs a fresh start and a people's government after the Zanu PF government has successively failed to ruin the country for 40 years now."Zi...Published: 28 Jun 2020 at 10:03hrs | 1750 | by Stephen Jakes
Corruption stifles economic growth
United States Agency for international development (USAid) country director, Stephanie Funk (SF), says failed economic policies and corruption, and not Western sanctions, are hindering Zimbabwe's econ...Published: 28 Jun 2020 at 08:13hrs | 275 | by Staff reporter
Zimbabwe economy run by master criminals fleecing the poor
Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the elites who have siphoned US dollars away into their overseas bank accounts. Now, a recent ruling...Published: 28 Jun 2020 at 08:11hrs | 1481 | by Thandekile Moyo
Money changers and the secret of their wisdom
THE foreign currency auction announced by the Reserve Bank of Zimbabwe recently appears to have started on a high note, but there is a nagging fear that those favourable comments by observers may have...Published: 28 Jun 2020 at 08:08hrs | 5710 | by Jonathan Maphenduka
Pensioners send SOS to Govt
THE National Railways Pensioners Association has appealed to the Government to extend the US$30 allowances to retired workers that were not in civil service, saying pensioners were struggling to make ...Published: 28 Jun 2020 at 07:22hrs | 293 | by Staff reporter
Bread does not grow in supermarkets
IF there is an immutable truism that has stubbornly stood the test of time, it is the fact that common sense is not at all common.It is fair to say while common sense is rare, nonsense is ubiq...Published: 28 Jun 2020 at 07:14hrs | 171 | by Bishop Lazarus
'US$1 billion to back Zimbabwe forex auction'
Local banks have $1 billion in foreign currency accounts (FCAs) while the country has healthy inflows to sustain the newly introduced forex auction system that replaced the interbank with effect from ...Published: 28 Jun 2020 at 07:11hrs | 750 | by Staff reporter
'Mnangagwa's govt will not print money'
THE government will not print more money to alleviate the cash shortages in the country, Deputy Finance minister Clemence Chiduwa, has said.Speaking in the National Assembly on Wednesday, Chid...Published: 27 Jun 2020 at 17:02hrs | 1491 | by Staff reporter
Zimbabwe poverty datum line more than doubles
THE poverty datum line has jumped by more than 100 percent from $3 398 in May to $8 484 in June, the country's statistical agency — the Zimbabwe National Statistics Agency (ZimStat) - revealed yeste...Published: 27 Jun 2020 at 17:00hrs | 572 | by Staff reporter
Tsenengamu vows Mnangagwa confrontation
EXPELLED Zanu-PF youth league commissar, Godfrey Tsenengamu has made startling claims the country was better governed by late former President Robert Mugabe than it is now under Emmerson Mnangagwa....Published: 27 Jun 2020 at 16:58hrs | 2575 | by newzimbabwe
Zimbabwe's former Economic Minister slams government
Zimbabwe's former Minister of Economic Planning and Investment Promotion, Dr. Tapiwa Mashakada has slammed at the country's recent foreign currency auction.On Tuesday, the government launched ...Published: 27 Jun 2020 at 10:37hrs | 4776 | by Daniel Itai, Harare, Zimbabwe
Zimbabwe's economists query China's friendship
Some of the country's economists have raised their eyebrows with regards to China's debt cancellations in Africa which were revealed earlier on this week.China's cancellation of debt towards r...Published: 27 Jun 2020 at 10:35hrs | 1663 | by Daniel Itai, Harare, Zimbabwe
Mnangagwa must focus more on domestic issues
IT is of importance for the President Emmerson Mnangagwa-led administration to focus on local policy, things it should do for the people in realistic terms.Roads, provision of reliable, clean ...Published: 27 Jun 2020 at 08:36hrs | 247 | by Roro
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