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Mnangagwa's 'amendment' 'legalises' looting on a grand scale
CCC Member of Parliament, Fadzayi Mahere, has accused President Emmerson Mnangagwa of attempting to plunder public funds without restrictions through his recent amendment of the Sovereign Wealth Fund ...Published: 22 Sep 2023 at 06:28hrs | 612 | by Staff reporter
Zimdollar future hangs in the balance
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...Published: 12 Sep 2023 at 06:33hrs | 1074 | by Eddie Cross
African Union becomes permanent member of G-20
The group of the world's 20 leading economies is welcoming the African Union as a permanent member, a powerful acknowledgement of Africa as its more than 50 countries seek a more important role on the...Published: 09 Sep 2023 at 12:11hrs | 309 | by Staff reporter
African Union becomes permanent member of G-20
The group of the world's 20 leading economies is welcoming the African Union as a permanent member, a powerful acknowledgement of Africa as its more than 50 countries seek a more important role on the...Published: 09 Sep 2023 at 12:11hrs | 455 | by Staff reporter
Why properties in Zimbabwe are overpriced
YOU probably have heard that properties in Zimbabwe are expensive, especially compared to regional peers like South Africa and Kenya.To substantiate this claim, a quick online survey on proper...Published: 09 Sep 2023 at 08:50hrs | 868 | by Rufaro Hozheri
Mnangagwa assures delivery on promises
CONSOLIDATION of gains made in the first term and advancement of the Zimbabwe dream to become an upper middle class economy will characterise the second term of President Mnangagwa who was sworn in ye...Published: 05 Sep 2023 at 06:14hrs | 55 | by Staff reporter
Sinohydro restores power in Zimbabwe
Going to bed and waking up in darkness had become the norm for Zimbabweans as the country endured rolling blackouts due to depressed power generation.But now, according to Zimbabwe's President...Published: 13 Aug 2023 at 21:57hrs | 3 | by Staff reporter
Zimbabwe govt ducking responsibility by urging new graduates to start companies!
I remember soon after graduating from journalism school in 1998, I was so eager to be my own boss, such that I implored my parents to help establish a newspaper for me. I had always been passi...Published: 07 Aug 2023 at 20:14hrs | 12 | by Tendai Ruben Mbofana
Shops cash in on Zimdollar change shortage
ZIMBABWE is currently battling a local currency liquidity crisis which has resulted in large retail shops failing to give change to consumers who buy goods in United States dollars (US$), NewsDay has ...Published: 01 Aug 2023 at 06:31hrs | 3 | by Staff reporter
Russian mining giant heads to Zimbabwe
THE world's largest diamond producer Alrosa of Russia will next week be in Zimbabwe to start work on mining operations with 50 more companies from the Euroasian nation targeting various sectors....Published: 27 Jul 2023 at 06:37hrs | | by Staff reporter
U.S. sanctions take center stage in Zimbabwe elections
When Robert Mugabe, Zimbabwe's long-time despot, lost power in a 2017 military coup, many Zimbabweans took to the streets, celebrating what they hoped would be the beginning of a new chapter.M...Published: 27 Jul 2023 at 06:30hrs | | by Staff reporter
The curious case of Chicken Inn: Unraveling the Chicken Conspiracy
Picture this: It's a beautiful day in Zimbabwe, and you find yourself in the bustling streets of Gweru. Your stomach growls, craving something delicious to satisfy your hunger. Your eyes catch a glimp...Published: 22 Jul 2023 at 13:30hrs | 5 | by Kumbirai Thierry Nhamo
Car dealer conned US$80k in another Ponzi scheme
A BORROWDALE-BASED car dealer reportedly lost US$80 000 to a con-artist operating a Ponzi scheme disguised as Homelife Furniture and Electrical Appliances Company.Emmanuel Chikweza, who is bei...Published: 19 Jul 2023 at 06:42hrs | | by Staff reporter
Forex Trading: Indispensable tools for generating maximum profits
Forex trading is one of the best ways to diversify investment portfolios and earn a living. This activity has become incredibly popular, especially with ...Published: 13 Jul 2023 at 11:14hrs | 46 | by Staff Reporter
New technology used in gaming
The video game industry has been growing and adapting for decades thanks to the availability of new gaming platforms and other technological innovations.Even though many of these fads didn't l...Published: 10 Jul 2023 at 08:12hrs | 11 | by Staff Reporter
Govt descends on price manipulators
THE Consumer Protection Commission (CPC) will soon impose heavy fines on retailers that have not reduced prices of their goods in line with movements of the exchange rate on the interbank market....Published: 09 Jul 2023 at 10:30hrs | 5 | by Staff reporter
Remittances anchor Zimbabwean economy
THE World Bank recently released global diaspora remittance statistics, which show that expatriates from low and middle-income countries sent over US$647 billion to their home countries in 2022....Published: 07 Jul 2023 at 07:52hrs | 3 | by Victor Bhoroma
Telecel, NetOne lose subscriptions
TELECEL and NetOne`s active subscriptions have been consistently declining over the past five quarters, resulting in the mobile penetration rate in the country falling by 1,6% to 92,6%, a new report h...Published: 26 Jun 2023 at 06:48hrs | | by Staff reporter
Beitbridge modernisation winds up
THE US$300 million Beitbridge Border Post modernisation project has reached its final stage with contractors now winding up construction works, ZimBorders Consortium general manager, Mr Nqobile Ncube ...Published: 22 Jun 2023 at 06:37hrs | | by Staff reporter
Busisiwe Mkhwebane merely annoyed agents of white monopoly capital
In my view, both Tina Joemat-Pettersson (may her soul repose peacefully) and Busisiwe Mkhwebane are victims of a system that lives off the subjugation of women, where women are treated very differentl...Published: 21 Jun 2023 at 17:18hrs | 3 | by Lindiwe Sisulu
'Full dollarisation suicidal for Zimbabwe'
THE Reserve Bank of Zimbabwe (RBZ) has warned against full dollarisation as the economy battles exchange rate volatility which has triggered astronomical price hikes.In 2008, the country ditch...Published: 20 Jun 2023 at 18:39hrs | 3 | by Staff reporter
Fuel smuggling hampers growth
FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge....Published: 20 Jun 2023 at 06:46hrs | | by Staff reporter
Protests loom over Zimdollar implosion
Workers unions are agitating for a nationwide strike over the continued economic implosion that has been characterised by the spectacular collapse of the Zimbabwe dollar.The country is facing ...Published: 11 Jun 2023 at 21:34hrs | 3 | by Staff reporter
Zimbabweans will always suffer with a govt perpetually crying over sanctions!
As Zimbabweans continue to suffer through unmitigated poverty, under the ZANU PF regime, for the past two decades - do they honestly see any light at the end of the tunnel?Surely, every time I...Published: 11 Jun 2023 at 10:06hrs | 4 | by Tendai Ruben Mbofana
Econet, EcoCash seek to raise US$60 million
Zimbabwe's largest telecommunications firm, Econet and its sister company EcoCash Holdings are planning to raise US$30,3 million each from shareholders to redeem outstanding debentures.The deb...Published: 09 Jun 2023 at 06:33hrs | | by Staff reporter
Masiyiwa named among only 17 black billionaires in the world
ACCORDING to Forbes, there are currently 2,640 billionaires in the world. They are collectively worth $12.2 trillion. The United States is the number one home of billionaires with 735 of them, followe...Published: 05 Jun 2023 at 06:59hrs | 3 | by Staff reporter
Redwing: a tale of plunder, impunity, chaos and death
Redwing Gold Mine, once touted as a giant gold mining venture capable of transforming the quality of life in the Penhalonga area of Manicaland province and a cash cow for the national economy, has bec...Published: 04 Jun 2023 at 12:12hrs | 2 | by Staff reporter
Zimbabwe needs to manage her debts
DEBT plays an important role in the resource mobilisation strategy of any country.However, the processes of its contraction, sources, structure and its implications on the economy and the live...Published: 03 Jun 2023 at 08:19hrs | | by Zimcodd
Mealie-meal shortage hits Zimbabwe?
ILLICIT deals involving some unscrupulous suppliers and traders have been blamed for creating artificial shortages of mealie-meal in formal shops while the commodity is being diverted to the streets a...Published: 01 Jun 2023 at 06:42hrs | | by Staff reporter
How worried should we be about income inequality?
How worried should we be about Income Inequality actually? We worry plenty about its opposite. Forced economic equality is socialism. It is unZimbabwean to be for socialism. But Zimbabwe's strength is...Published: 29 May 2023 at 23:14hrs | 3 | by Kumbirai Thierry Nhamo
Mthuli's theatrics expose government lack of seriousness in addressing Zim economic crisis!
So, finance minister Mthuli Ncube, over the weekend, went around shops in Bulawayo, like a crazed vigilante, tearing down tags displaying prices strictly in US dollars!He even berated a haples...Published: 29 May 2023 at 23:02hrs | 3 | by Tendai Ruben Mbofana
Persecution of Donald Trump!
If I were in President Emmerson Mnangagwa's situation, and the US I had an audience with the ambassador whereby the honourable ambassador would lecture me about free and fair elections, the rule of la...Published: 28 May 2023 at 08:06hrs | 1 | by Kenneth Mufuka
Anger mounts in Zimbabwe as prices rocket
ZIMBABWE'S currency further crashed this week, precipitating waves of basic commodity price hikes, which were slammed by consumer watchdogs.In a survey, the Zimbabwe Independent found that man...Published: 19 May 2023 at 20:42hrs | 2 | by Staff reporter
Zimbabwean artist Keith Zenda taking the world by storm
If you were to try locating Chirumanzu on a map of Zimbabwe, chances are you'd throw your hands up in the air, in frustration. It is a village in Gweru, the remote district that lies close to 270 km s...Published: 14 May 2023 at 12:47hrs | 5 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 4 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwean 'mbingas' flashy lifestyles reflect a corrupt economy
So, another so-called mbinga (wealthy person) in Zimbabwe has been active once again, on social media flaunting his latest acquisitions.This time around, he bought himself the latest Maybach B...Published: 12 May 2023 at 06:22hrs | | by Tendai Mbofana
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | | by Staff reporter
Schools 'sewing' uniform scandal
School authorities in Bulawayo and other areas are fleecing parents by forcing them to buy uniforms from schools at double the price charged by retailers although Government has said such conduct is i...Published: 09 May 2023 at 06:04hrs | | by Staff reporter
Fresh controversy over Bulawayo city's parking system
BULAWAYO business executives want the city's controversial vehicle parking management system cancelled and renegotiated, saying it is hurting struggling local companies.A Bulawayo resident als...Published: 30 Apr 2023 at 09:02hrs | 2 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 2 | by Staff reporter
Marvo Stationery saga rages on...10 years later
The Marvo Stationary case continue to drag on and on, with new twists and turns. Since the company was sold to Mahlongonono Valela and his partners, following the death of Mr. Kates the original owner...Published: 25 Apr 2023 at 13:14hrs | 6 | by Nkululeko Nkomo
What draws the gold mafia to Dubai?
An Al Jazeera investigation shows how criminals use the city's pro-business policies to smuggle gold, clean dirty cash.https://www.youtube.com/watch?v=...Published: 06 Apr 2023 at 20:23hrs | 3 | by Al Jazeera Investigative Unit
Zimbabwe speeding into the territory of charter cities
FINALLY, Al Jazeera aired the first of the four-part series documentary Gold Mafia. Social media went into overdrive, with many people condemning the attitude and character of some of those implicated...Published: 25 Mar 2023 at 08:19hrs | 3 | by Paidamoyo Muzulu
Zimbabwe telcos in another staggered price review
ZIMBABWE'S main telecommunication companies are set for another price adjustment on April 1, 2023, as operator battle to offset rising operational costs.The telecoms industry will review tarif...Published: 21 Mar 2023 at 20:24hrs | | by Staff reporter
Bulawayo's thriving car breaking industry
When you think of industries that offer opportunities for employment and entrepreneurship, the car breaking industry is probably not the first one that comes to mind.However, in Bulawayo, Zimb...Published: 18 Mar 2023 at 06:34hrs | | by Staff reporter
Chivayo, Intratrek acquitted of defrauding ZPC
Maverick Harare businessman Wicknell Chivayo and his company Intratrek Zimbabwe have been acquitted of defrauding the Zimbabwe Power Company (ZPC) of US$5.8 million.In a judgement handed down ...Published: 13 Mar 2023 at 21:45hrs | 14 | by Staff reporter
TTI, BCC making 'super profits' from parking system deal
IT seems Bulawayo motorists who were boycotting the parking management system introduced in the city in mid-February last year have bowed down to pressure amid revelations that the parking management ...Published: 10 Mar 2023 at 05:22hrs | 1 | by Staff reporter
Qualities of a business manager
Qualities like patience, resourcefulness, motivation and problem-solving skills are all necessary components of successful management roles. Good management can make the difference between success and...Published: 09 Mar 2023 at 20:16hrs | 1 | by Staff Reporter
Harare couple in court over tuckshop wrangle
A COUPLE from Hatfield, Harare, had a verbal showdown in the civil court yesterday over ownership of a tuckshop.Joanna Gasa claimed that she was the owner of the tuckshop and was seeking to ba...Published: 04 Mar 2023 at 08:08hrs | | by Staff reporter
In what ways can you use data to benefit your company?
Amazingly, today's technology allows us to collect massive amounts of data; however, a significant portion of that data is now being gathered before anyone answers the question, "What do we want to do...Published: 27 Feb 2023 at 12:44hrs | | by Staff Reporter
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