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Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 475 | by Staff reporter
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 505 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 179 | by Staff reporter
Gata, Mthuli Ncube differ on load-shedding
The ongoing electricity crisis in Zimbabwe continues to dominate national discussions, with contrasting statements from key government officials regarding the future of load-shedding.ZESA Chai...Published: 04 Dec 2024 at 08:05hrs | 1090 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 89 | by Staff reporter
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 731 | by Tendai Biti
Zimbabwe targets 300 million kg tobacco harvest
The Zimbabwean government has set an ambitious target of 300 million kilograms for the 2024-2025 tobacco harvest, bolstered by favorable rainfall projections from the Meteorological Services Departmen...Published: 29 Nov 2024 at 06:51hrs | 110 | by Staff reporter
Zimbabwe Parliament resumes sitting
Parliament resumed sitting on Tuesday after a week-long break, which was taken to accommodate the Sadc Extraordinary Summit of Heads of State and Government hosted at the new Parliament Building in Mt...Published: 26 Nov 2024 at 17:48hrs | 90 | by Staff reporter
Batoka Gorge Hydroelectric Project fraught with significant hurdles
The long-awaited Batoka Gorge Hydroelectric Project, heralded as a potential solution to Zimbabwe and Zambia's ongoing power shortages, may face insurmountable challenges that could delay or derail it...Published: 20 Nov 2024 at 07:06hrs | 520 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 583 | by Tendai Ruben Mbofana
Joint venture to upgrade Harare-Nyamapanda Road
The Zimbabwean Cabinet, under the leadership of Honourable Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water and Rural Development, convened to review the latest developments on the 202...Published: 07 Nov 2024 at 06:57hrs | 204 | by Staff reporter
Zimbabwe on course to break winter wheat production record
Zimbabwe is poised to set a new winter wheat production record, with farmers having already harvested over 490,000 tonnes this season, a milestone that highlights the nation's agricultural revival in ...Published: 03 Nov 2024 at 10:06hrs | 231 | by Staff reporter
Normal to above-normal rainfall still expected in ZImbabwe
Zimbabwe's Meteorological Services Department (MSD) has reaffirmed its forecast for normal to above-normal rainfall during this year's summer cropping season, despite reports suggesting a potential we...Published: 03 Nov 2024 at 10:03hrs | 325 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 118 | by Staff reporter
MSD warns of isolated violent storms as rainy season begins
The Meteorological Service Department (MSD) has issued a warning about violent storms expected in parts of Zimbabwe, including the Matabeleland region, this week, signaling the start of the 2024/2025 ...Published: 14 Oct 2024 at 08:10hrs | 840 | by Staff reporter
Zimbabwe records growth across sectors
Zimbabwe is making notable strides in various economic sectors despite the challenges posed by climate change-induced droughts and Western-imposed sanctions, President Emmerson Mnangagwa said during h...Published: 03 Oct 2024 at 08:45hrs | 73 | by Staff reporter
Zimbabwe aims to maximize gold revenue amid global demand surge
The Ministry of Mines has officially launched the 2024 Second Gold Mobilisation exercise, a strategic initiative designed to ensure compliance and optimize revenue from Zimbabwe's gold mining sector. ...Published: 17 Sep 2024 at 06:49hrs | 160 | by Staff reporter
Winter wheat harvesting begins in Zimbabwe
Farmers across the country have begun harvesting early-planted winter wheat, with others preparing to start soon, aiming for a smooth and timely harvest of the valuable crop. To support this effort, t...Published: 15 Sep 2024 at 09:56hrs | 150 | by Staff reporter
Zimbabwe modernises weather monitoring systems
The Meteorological Services Department in Zimbabwe has been upgraded with advanced weather observing equipment, including automatic weather stations and radars, to strengthen the country's early warni...Published: 27 Aug 2024 at 07:49hrs | 97 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 26 Jul 2024 at 06:32hrs | 366 | by Staff reporter
NRZ, Beitbridge Bulawayo Railwayink open access deal
The National Railways of Zimbabwe (NRZ) has signed an open access agreement with its subsidiary, Beitbridge Bulawayo Railway (BBR), to enhance rail capacity and expedite deliveries by allowing private...Published: 22 Jul 2024 at 07:47hrs | 459 | by Staff reporter
South Africa's elections body IEC taken to court on vote-rigging allegations
The uMkhonto weSizwe Party (MKP) has reaffirmed its position that it would be taking, on an urgent basis, the Electoral Commission of SA (IEC) of South Africa to court over election rigging allegation...Published: 09 Jun 2024 at 14:15hrs | 21 | by Staff reporter
Dinson switches on limestone plant in Zimbabwe
The Dinson Iron and Steel Company (Disco) has activated its limestone production unit in preparation for the commencement of operations at the US$1.5 billion iron and steel plant starting today in Man...Published: 24 May 2024 at 08:32hrs | 11 | by Staff reporter
Glassblock Dam construction report by the end of April- Coltart
BULAWAYO Mayor Senator David Coltart, during a recent councillors' meeting, said there is progress in the construction of the Glassblock Dam.He announced that the Government had agreed to ente...Published: 04 Apr 2024 at 06:01hrs | 3 | by Staff reporter
Manhize steel Plant to start production
THE majority of critical infrastructure at the US$1,5 billion Dinson Iron and Steel Company (Disco) steel plant in Manhize near Mvuma in the Midlands province has been successfully installed with the ...Published: 07 Mar 2024 at 05:04hrs | 1 | by Staff reporter
Bulawayo's worst water crisis in decade
BULAWAYO could face its worst water crisis in the past 10 years, with statistics at hand showing that its supply dams are in the red, a few weeks before the official ending of the rainy season in Zimb...Published: 03 Mar 2024 at 08:47hrs | 3 | by Staff reporter
Scott Sakupwanya controls half of Zimbabwe's gold sales?
Gold dealer Scott Sakupwanya says he delivered almost half of the gold sold to the official buyer, Fidelity, in 2023.Sakupwanya says his company Better Brands delivered 13 tonnes of gold to Fi...Published: 25 Feb 2024 at 09:24hrs | 46 | by Staff reporter
A life-giving greenbelt in Matabeleland South
AMID the anxiety and disillusionment occasioned by projections of below-normal rains in the 2023-2024 summer cropping season due to the El Niño weather phenomenon, some farmers opted not to plant any...Published: 25 Feb 2024 at 07:07hrs | 1 | by Staff reporter
Countries under illegal US sanctions must unite against Washington
Yes, it is very possible for Zimbabwe, China, Russia, Cuba, Iran and all other countries under illegally imposed United States sanctions to formerly gang up and fight Washington.There is power...Published: 31 Jan 2024 at 04:45hrs | | by Joseph Meta
Zimbabwe left with 4 months grain supply
ZIMBABWE'S grain stocks are depleting and will last for four months, the Grain Marketing Board (GMB) said yesterday, amid calls for the government to scale up imports.The revelations by GMB ac...Published: 30 Jan 2024 at 18:56hrs | | by Staff reporter
Global headwinds spell doom for Zimbabwe
TOP international economists predict that the global economy will decline this year, spelling trouble for Zimbabwe's foreign market-dependent economy.The Treasury expects Zimbabwe's economic g...Published: 20 Jan 2024 at 07:06hrs | | by Staff reporter
Zimbabwe farmers advised to replant failed crops
DRY land farmers should consider replanting after their initial crop suffered from moisture stress due to the prolonged dry spell between November and December.Weather projections indicate tha...Published: 04 Jan 2024 at 05:54hrs | 7 | by Staff reporter
Manhize production expected to start in February 2024
Production at the Dinson Iron and Steel Company plant in Manhize, Mvuma is expected to commence in February next year with the company targeting to produce three iron and steel products by October....Published: 29 Dec 2023 at 06:58hrs | 10 | by Staff reporter
Zambezi River Authority allocates water for power generation at Kariba for 2024
THE Zambezi River Authority (ZRA) has allocated 16 billion cubic meters (BCM) of water to be shared equally between ZESCO Limited and Kariba Hydro Power Company (KHPC) for power generation for 2024....Published: 28 Dec 2023 at 10:43hrs | 9 | by Staff reporter
Power cuts costing Zimbabwe US$1,2 billion
THE World Bank has urged the government to address the country's energy deficit after estimating that power cuts are costing the economy at least US$1,27 billion annually.In its fourth Zimbabw...Published: 14 Dec 2023 at 12:37hrs | 2 | by Staff reporter
Ziyambi defends Zec despite ballot paper shortages
JUSTICE minister Ziyambi Ziyambi has defended the Zimbabwe Electoral Commission (Zec ) for logistical boobs on election day particularly its failure to print enough ballot papers.Voting was ex...Published: 06 Dec 2023 at 05:07hrs | 10 | by Staff reporter
Bulawayo supply dams at 44,43%
BULAWAYO supply dams are currently at 44,43% with the total volume of all dams at 184 208 617 cubic metres while the drawable volumes are at 167 623 509 cubic metres (m³), underlining the crisis the ...Published: 05 Dec 2023 at 20:39hrs | 13 | by Staff reporter
Growing water scarcity in Zimbabwe a huge threat
FRESH water related ecosystems include wetlands, rivers, aquifers, and lakes that sustain biodiversity and life (UN Environment 2018).Although they cover less than 1% of the earth's surface, t...Published: 03 Dec 2023 at 17:29hrs | 11 | by Zimbabwe Environmental Lawyers Association
Mthuli Ncube's budget dilemma
DON'T tell me what you value, show me your budget and I'll tell you what you value:" Joe Biden.Ordinarily, Finance minister Mthuli Ncube should have presented the ZWL$47,8 trillion 2024 nation...Published: 25 Nov 2023 at 07:59hrs | 10 | by Paidamoyo Muzulu
Zimbabwe recruits 2 500 teachers
The government has taken significant measures to strengthen various sectors in September. This included the recruitment of 2,500 teachers to enhance the workforce in schools and an 18 percent increase...Published: 01 Nov 2023 at 05:45hrs | 4 | by Staff reporter
Zimbabwe inflation to hit 400% by year end, says IMF
The International Monetary Fund (IMF) has forecast that Zimbabwe's annual inflation rate is expected to rise to nearly 400% by the end of the year due to the depreciation of the local currency. This p...Published: 13 Oct 2023 at 06:36hrs | | by Staff reporter
Egyptian investors to open fertiliser plant in Zimbabwe
A delegation of Egyptian investors met with President Mnangagwa in Harare, expressing a strong interest in establishing a fertilizer plant in Zimbabwe. The signing of a Memorandum of Understanding (Mo...Published: 12 Oct 2023 at 06:21hrs | 3 | by Staff reporter
Mnangagwa's son calls for urgent finance mobilisation
David Kudakwashe Mnangagwa, the newly-appointed Deputy Finance Minister, has emphasized the urgent need to explore innovative ways of mobilizing public and private resources to support sustainable eco...Published: 02 Oct 2023 at 06:27hrs | 4 | by Staff reporter
Mnangagwa shrugs off Chamisa
Zanu-PF, which got a fresh mandate in the August 23-24 elections, will not entertain "any talk of a rerun, a Government of National Unity, or the so-called Transitional Authority", as this "is a piped...Published: 01 Oct 2023 at 07:45hrs | | by Staff reporter
Why parallel vote tabulation becomes a problem
IT is not surprising but indeed disheartening that independent observers were arrested under charges that the police said would be revealed in court.When it served the interests of Zanu-PF, th...Published: 29 Aug 2023 at 07:05hrs | 1 | by Rekai Rusinga
Zanu-PF, CCC trade victory claims as Zimbabweans wait for final results
Zanu-PF and the Citizens Coalition for Change on Thursday traded claims that they were on course for victory following Wednesday's general elections.The Zimbabwe Electoral Commission had only ...Published: 25 Aug 2023 at 20:01hrs | 1 | by Staff reporter
Zanu-PF projects outright victory
The ruling Zanu-PF says it projects that its presidential election candidate, President Mnangagwa, will win comfortably by between 60 percent and 65 percent, while in the National Assembly race, the p...Published: 25 Aug 2023 at 06:27hrs | 2 | by Staff reporter
'Only 31% Kariba water usable for power generation'
THE Zambezi River Authority (ZRA) on Tuesday said 31% of Kariba water could be used for power generation."More recently, on July 18, 2023, the recorded lake level was 479,87m which translates ...Published: 20 Jul 2023 at 06:55hrs | 1 | by Staff reporter
ZRA reduces water allocation at Kariba
The Zambezi River Authority has reduced by a quarter the water allocation for power generation in the second half of the year owing to less than expected inflows from the upper Zambezi River catchment...Published: 20 Jul 2023 at 06:49hrs | | by Staff reporter
Internet Marketing Is An Engine Of Economic Growth, How It Helps Industries Revealed
Amid record internet penetration rates in Zimbabwe, it's important to understand what the internet does for industries all over the world. Having been called an engine of economic growth, the internet...Published: 12 Jul 2023 at 09:13hrs | 6 | by Staff Reporter
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