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'Wanton price hikes signify indiscipline'
Zimbabwe celebrated its 39th independence last Thursday amid a deteriorating economic situation in the country that has seen prices of goods skyrocketing as people's disposable incomes continue to shr...Published: 7 hrs ago | 260 | by Staff reporter
'Mnangagwa to crack whip on errand businesses'
FOREIGN Affairs minister Sibusiso Moyo has lashed out at errand business operators for unjustifiably pushing up prices of goods and warned that at some point government will enforce compliance measure...Published: 7 hrs ago | 406 | by Staff reporter
War vets slam bread price hike
THE Zimbabwe National Liberation War Veterans Association (ZNLWVA) has condemned the unjustified increase in the prices of basic commodities and called on responsible authorities to take urgent measur...Published: 7 hrs ago | 462 | by Staff reporter
RTGS$ plunges
Zimbabwe is nearing the much dreaded economic horrors of 2008 punctuated by hyperinflation, widespread shortages of foreign currency and fuel coupled with a spike in prices of everything, including st...Published: 21 Apr 2019 at 08:55hrs | 4746 | by Staff reporter
There is a light at the end of price hikes
The pain of being in Zimbabwe is to look at the prices every time you pass a gas station? You are not Zimbabwean if you are not paying more attention to the prices of everything you buy? This is not p...Published: 21 Apr 2019 at 08:15hrs | 1745 | by Dr Masimba Mavaza
Rebirth of the Zimdollar
Zimbabwean central bank authorities have a traceable record of overnight monetary policy changes. Memories of the former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono era of monetary policy hip-...Published: 19 Apr 2019 at 11:09hrs | 1277 | by Paddington Masamha
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | 710 | by Victor Bhoroma
FULL TEXT: President Mnangagwa's full Independence speech
President Emmerson Mnangagwa today delivered his first Independent speech at the national Sports Stadium. In the speech Mnangagwa paid tribute to the victims of Cyclone Idai both from Zimbabwe...Published: 18 Apr 2019 at 20:41hrs | 3288 | by Mandla Ndlovu
Zimbabwe's version of disaster capitalism, couched as resilience
A LOCAL Zimbabwean artist, Dereck Mpofu, recently released a song titled Mweya wechiZimba. Even though the title of the song may suggest it is religious, it is upon listening to it, that you discover ...Published: 18 Apr 2019 at 07:10hrs | 89 | by Takura Zhangazha
Mnangagwa warns businesses not to invite price controls
President Mnangagwa says his administration does not believe in price controls and urged businesses to have a human face by desisting from the tendency of increasing prices without any justification. ...Published: 18 Apr 2019 at 07:05hrs | 293 | by Staff reporter
Zimbabwe needs a weak currency to stimulate production, exports
Shortly after the government was sworn in August 2018, they agreed to an economic and monetary reform programme. Since then, much of this ambitious plan has been implemented and the consequences have ...Published: 17 Apr 2019 at 07:15hrs | 1145 | by Eddie Cross
Religion: Is gambling a sin?
Gambling is a game of chance. It's all about card games, roulette, lotteries, and much more. These games are fun and seemingly harmless. Most believe that there is nothing wrong with gambling as long ...Published: 15 Apr 2019 at 08:44hrs | 2146 | by Staff Writer
'I NOW realise corruption is deep-root' confessed ED - nonsense, you are the godfather
"I now realise that corruption is deep-rooted. I thought that by pronouncing that let's fight corruption those who are corrupt will fear and stop; it's not like that. It's so rooted that you have to f...Published: 15 Apr 2019 at 08:19hrs | 1531 | by Nomusa Garikai
APPLICATION CALL - FES Youth Leadership Training 2019
Friedrich-Ebert-Stiftung (FES) Zimbabwe, a German non-profit, public-interest institution for civic and political education, is offering leadership training for young adults. The training prod...Published: 14 Apr 2019 at 16:27hrs | 1003 | by FES Youth
Mutsvangwa blames 'Queen Bee' for high fuel prices
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zanu-PF to gain an unfair advantage in the supply of fuel to the southern African nation.The...Published: 14 Apr 2019 at 10:12hrs | 5077 | by Joseph Cotterill and David Sheppard I Financial Times
Zupco's new buses expected this week
A new fleet of buses that will serve urban and rural commuters will be commissioned this week, President Emmerson Mnangagwa has said.He said this at State House yesterday during a special Inde...Published: 14 Apr 2019 at 09:58hrs | 923 | by Staff reporter
Eating soil, a pregnancy craving that can kill . . .
The smell of soil after light rains is divine. I like to think of it as the smell of nature, pure and fresh. Many women experience iron deficiency during pregnancy and subsequently develop a craving f...Published: 13 Apr 2019 at 13:12hrs | 888 | by Andile Tshuma
Understanding Day Trading and If It's Right for You
Most people who drift off and have thoughts of quitting their job during a stressful day and trading stocks for a living are daydreaming about day trading. Careless or inexperienced traders can lose t...Published: 12 Apr 2019 at 10:28hrs | 1664 | by Staff Writer
Mnangagwa fumes
PRESIDENT Emmerson Mnangagwa yesterday warned retailers and companies against "unjustified" price increases which he said had brought untold suffering to ordinary Zimbabweans.Incidentally, as ...Published: 12 Apr 2019 at 08:24hrs | 13360 | by Staff reporter
Zimbabwe's fuel pipeline allegedly 'captured' by Trafigura
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zimbabwe's ruling party to gain an unfair advantage in the supply of fuel to the southern Africa...Published: 12 Apr 2019 at 07:13hrs | 1585 | by Joseph Cotterill and David Sheppard
The dynamics of smuggling in Zimbabwe
Catch me if you can, is a phrase that may describe the goings on at Zimbabwe's ports of entry as the Treasury continues to lose millions of dollars in revenue due to smuggling and other criminal activ...Published: 11 Apr 2019 at 16:39hrs | 1736 | by Staff reporter
Auxillia Mnangagwa lands top post in Germany
First Lady Auxilia Mnangagwa has been appointed Ambassadorship of Merck more than a Mother by a German based philanthropic organization called Merck Foundation. Announcing the appointment, the...Published: 11 Apr 2019 at 11:26hrs | 8949 | by Mandla Ndlovu
Energy Mutodi speaks on Cyclone Idai looters
Deputy Government Spokesperson Energy Mutodi has condemned the high ranking government officials who are being investigated over looting relief aid which was meant for Cyclone Idai victims. Sa...Published: 09 Apr 2019 at 15:34hrs | 1919 | by Mandla Ndlovu
Ncubenomics
In February, Reserve Bank Governor, John Mangudya announced the introduction of the RTGS dollar - the currency that confirmed what we knew all along: one is not to one. The RTGS dollar was initially s...Published: 09 Apr 2019 at 15:19hrs | 3335 | by Kubatana
NOIC to assume full ownership of Feruka-Harare fuel pipeline
THE Competition and Tariffs Commission (CTC) has approved a deal in which State-owned National Oil Infrastructure Company of Zimbabwe (NOIC) assumes full ownership of the Feruka-Harare fuel pipeline a...Published: 08 Apr 2019 at 06:42hrs | 543 | by Staff reporter
Value the national interest
Since the days of the French thinker, Niccolo Machiavelli, the primacy of the national interest has always formed the basis of foreign policy, and has been the foundation of every country's strength o...Published: 08 Apr 2019 at 06:39hrs | 125 | by Reason Wafawarova
Rude awakening for Chamisa
THE just ended, Bulawayo Cowdray Park Ward 28 by-election was a rude awakening for the MDC-Alliance that always prided itself as the sole beneficiary of the urban constituent. Too much t...Published: 07 Apr 2019 at 08:42hrs | 2895 | by Khumbulani Vodloza Sibanda
Government cracks whip on prices
THE Government will not hesistate to take punitive measures against unscrupulous businesses with a tendency of wantonly increasing prices of basic commodities for the sole purpose of profiteering, a C...Published: 07 Apr 2019 at 08:39hrs | 1334 | by Staff reporter
Major shake-up looms at NSSA
A major shake-up is expected at the National Social Security Authority (Nssa) after a recent audit unearthed shocking corporate governance irregularities, it has been learnt.Public Service, La...Published: 07 Apr 2019 at 08:31hrs | 571 | by Staff reporter
Old Mutual Zimbabwe may retrench 10% of its staff
Old Mutual Zimbabwe may shed 10% of its workforce in an effort to resize the business.In an email to employees, seen by Fin24, Old Mutual Zimbabwe said it is offering a retrenchment package to...Published: 06 Apr 2019 at 16:47hrs | 2012 | by Staff reporter
Mnangagwa comes under criticism for mocking the RTGS$s
PRESIDENT Emmerson Mnangagwa has come under criticism for seemingly mocking the country's currency, real time gross settlement dollars (RTGS$) at an event where he said the Cyclone Idai-induced floods...Published: 06 Apr 2019 at 16:33hrs | 11057 | by Staff reporter
Beer prices go up again
THE price of clear beer has gone up again, hardly a month after Delta Corporation Limited increased the asking price of the commodity by 100 percent following the company's decision to sell some of it...Published: 05 Apr 2019 at 17:27hrs | 3647 | by newzimbabwe
'IPSOS poll exaggerates 'illicit cigarette' market share'
Following the publication of an Ipsos survey on the "illegal cigarette market" and related issues, which was carried by various South African publications, an impression was given that British A...Published: 05 Apr 2019 at 16:18hrs | 195 | by Lekan Ayo-Yusuf
The global and technological effect
An extract from a book titled 'The next Zimbabwe'The twenty first century has brought about the idea of globalization were interconnectivity is the new...Published: 05 Apr 2019 at 11:26hrs | 359 | by Terence Simbi
Matebeleland North schools ordered to hold vacation lessons
MATEBELELAND North education director Jabulani Mpofu has ordered all schools in remote areas that did not surpass the 30% pass rate at Grade 7 last year to conduct mandatory lessons during the April a...Published: 05 Apr 2019 at 07:10hrs | 589 | by Staff reporter
Govt frets over ZITF hotel rates
The government says it is dismayed by the attitude of hotels and lodges in Bulawayo which have sharply hiked their rates for this year's Zimbabwe International Trade Fair (ZITF), which begins in a for...Published: 05 Apr 2019 at 07:05hrs | 468 | by Staff reporter
Mthuli Ncube hammers businesses for linking prices to exchange rate
Finance Minister Mthuli Ncube on Wednesday accused local businesses of profiteering for linking price increases of basic goods to exchange rate movements of a new transitional currency.Since t...Published: 04 Apr 2019 at 11:15hrs | 5237 | by Reuters
Privatization is key to Zimbabwe's economic recovery plan
The microeconomic foundations of economies ensure that macroeconomic objectives are achieved. Stated differently, macroeconomic goals can only be achieved if there are robust institutions ensuring tha...Published: 04 Apr 2019 at 08:16hrs | 1207 | by Tinashe Eric Muzamhindo
Chamisa's MDC heading towards a very slippery slope
THE defeat of the MDC candidates in last weekend's council election in Cowdray Park, Bulawayo, should serve as a wake-up call to the country's largest opposition party ahead of the 2023 national elect...Published: 02 Apr 2019 at 13:36hrs | 3348 | by Editorial - Daily News
Jonathan Moyo warns of trouble in MDC
EXILED former Higher and Tertiary Education Minister Jonathan Moyo has warned of "trouble ahead" of the MDC's attempts to maintain its Bulawayo stronghold support after the main opposition surrendered...Published: 01 Apr 2019 at 06:49hrs | 5677 | by newzimbabwe
Zimbabwean born Peter Moyo gets R22.5-million payday
Old Mutual Chief Executive Peter Moyo earned a total of R35.5m in 2018, a period that saw the group complete its managed separation and list its African and emerging markets arm on the JSE.Moy...Published: 31 Mar 2019 at 22:47hrs | 3025 | by Staff reporter
Mnangagwa's mounting foreign trips expose him
I will not allow the raging debate and shaming of the chief ruler's penchant for frequent and extravagantly lavish travels without my pound of flesh. Not even that I am a Shylock, but the extr...Published: 31 Mar 2019 at 13:44hrs | 3402 | by Makaita Noel Mutasa
Van Hoogstraten shakes CFI
Business tycoon Nicholas Van Hoogstraten through one of his investment vehicles, has moved to increase shareholding in Zimbabwe Stock Exchange (ZSE) suspended agro-industrial group CFI Holdings under ...Published: 31 Mar 2019 at 09:54hrs | 346 | by Staff reporter
Churches must pay tax
CHURCHES must comply with the laws of the land and must not be exempted from paying taxes for their commercial ventures.This was said by the Zimbabwe Council of Churches general secretary Reve...Published: 30 Mar 2019 at 23:01hrs | 1775 | by Staff reporter
Who is profiting from negative reporting?
Not so long ago, Aljazeera correspondent Haru Mutasa was denied a visa by one Western embassy ostensibly because of lack of a guarantee that she would return home.While it is the prerogative o...Published: 30 Mar 2019 at 22:44hrs | 347 | by Ranga Mataire
WATCH: Ramaphosa makes a u-turn on foreign nationals after threatening them
South African President Cyril Ramaphosa, under pressure to withdraw campaign trail comments partly blamed on recent xenophobic attacks on foreigners in Durban, said he condemned the violence "in the s...Published: 30 Mar 2019 at 21:25hrs | 15845 | by Staff reporter
Reserve Bank of Zimbabwe betrays tobacco farmers
Tobacco sales floors were officially opened but farmers are frustrated and angry with the demeanour of the government. The Reserve Bank of Zimbabwe prior to the opening of the floors promised th...Published: 30 Mar 2019 at 18:04hrs | 1890 | by Matora Hupile
Zimbabwe to import 900,000 tonnes of maize
Meanwhile, a Mauritius based firm, Afrigran Trading, has terminated its cereal supply contract with National Foods Limited (Natfoods) after the Reserve Bank of Zimbabwe (RBZ) failed to honour a US$55 ...Published: 28 Mar 2019 at 07:47hrs | 1088 | by Staff reporter
School promotes online forex trading
FOREX Trading School Africa will next month launch a nationwide competition to inculcate online foreign currency trading culture in the country and uplift the living standards of the citizens. ...Published: 27 Mar 2019 at 06:54hrs | 419 | by Staff reporter
Outrage over Bulawayo hotel rates
Some leading Bulawayo hotels have reportedly increased their rates by as much 350 percent ahead of the Zimbabwe International Trade Fair (ZITF) expected to take place next month. ZITF, the cou...Published: 27 Mar 2019 at 06:40hrs | 5096 | by Staff reporter
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