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Nedbank Zimbabwe wins US$2m Supreme Court case
The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...Published: 10 Jun 2025 at 17:20hrs | 962 | by Staff reporter
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 12 | by Staff reporter
Jonathan Moyo exposes Zimbabwe media capture?
Zimbabwean former MP and Information minister Jonathan Moyo, a professor of politics, has joined the raging debate involving local publisher Trevor Ncube, chairman of Alpha Media Holdings (AMH), and h...Published: 12 Jun 2023 at 08:25hrs | 1 | by Staff reporter
Mnangagwa's son in-law is a major shareholder at Trevor Ncube's AMH
The attached video clip below is interesting with important revelations from Trevor Ncube about himself, AMH and Gerald Mlotshwa. Three such revelations stand out:First, while Ncube and AMH ha...Published: 10 Jun 2023 at 18:48hrs | 1 | by Jonathan Moyo
MPs echo US-dollar salary demands
LEGISLATORS have joined the call for adoption of United States dollar salaries in a vote of no confidence in the local currency, a development government said wasdisheartening.Public and p...Published: 19 Feb 2022 at 18:34hrs | | by Staff reporter
Mugabe has last laugh as economic crisis reaches breaking point
The fault lies entirely with the ruling Zanu-PF party, which has lost its legitimacyWhen Zimbabweans are expressing nostalgia for Robert Mugabe you know things must be bad. Yet it is now commo...Published: 16 Aug 2019 at 08:13hrs | | by www.msn.com
Mthuli Ncube doing everything by the book
Zimbabwe's Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global "Bretton Woods" lending institutions to try and ...Published: 18 Jul 2019 at 16:48hrs | | by Reuters
Mthuli Ncube, spare us those hikes
While ordinary Zimbabweans are bearing the brunt of the high cost of living following the recent fuel price hikes, the situation could get tougher if indications by Finance minister Mthuli Ncube are a...Published: 12 Jul 2019 at 08:11hrs | | by Editorial - Newsday
Mthuli Ncube could hike rates over 50% to deal with speculators
Zimbabwe won't hesitate to raise interest rates above their current level of 50 percent to deal with speculative borrowers, Finance Minister Mthuli Ncube said on Monday.As inflation soared, th...Published: 10 Jul 2019 at 21:57hrs | 2 | by Reuters
Makamba in bid to stop RTGS dollar
An opposition leader has filed a High Court application challenging the introduction of the real-time gross settlement (RTGS) dollar, saying the presidential powers used in ushering in the currency re...Published: 30 Jun 2019 at 09:19hrs | | by Staff reporter
Zimbabwe has enough forex, says Chamisa
ZIMBABWE has millions in foreign currency that is adequate to sustain its economy, ramp up failing industries and sustain a return to dollarisation, opposition leader Nelson Chamisa has said.C...Published: 24 Jun 2019 at 07:09hrs | | by Staff Reporter
Outcry over Zesa security tender
INDIGENOUS security companies have cried foul over the steep bidding fees charged for participating in a Zimbabwe Electricity Transmission and Distribution (ZETDC) tender.ZETDC, a subsidiary o...Published: 22 Jun 2019 at 15:55hrs | | by Staff reporter
Zanu-PF's power obsession in hunger-stricken nation
THE acquisition of a huge assortment of weapons and ammunition at a time the country's economic crisis is deepening is reflective of government's misplaced priorities, as well as President Emmerson Mn...Published: 21 Jun 2019 at 07:49hrs | | by Staff reporter
Mnangagwa's RTGS$ hits new low
Zimbabwe's interim currency fell to a new low on the black market on Thursday and local firms were demanding payment in U.S. dollars as a hedge against inflation, which is running at its highest in a ...Published: 20 Jun 2019 at 14:46hrs | 1 | by Reuters
Hope emerges in Zimbabwe
Nearly two decades after the European Union imposed sanctions on Zimbabwe, a thaw in relations is palpable, following praise by the EU ambassador and head of the EU-Zimbabwe Delegation Timo Olkkonen....Published: 17 Jun 2019 at 08:29hrs | 1 | by EU Today
Winter of discontent for Mnangagwa
President Emmerson Mnangagwa's government faces a winter of discontent from restive public sector workers with teachers and health workers giving notice of imminent strikes.Mnangagwa's broke g...Published: 16 Jun 2019 at 20:29hrs | 2 | by ZimLive
Biti, Mthuli in nasty exchange
Finance and Economic Development minister Mthuli Ncube and MDC vice president Tendai Biti - who held the Finance portfolio during the inclusive government between 2009-13 - have engaged in a war of wo...Published: 10 Jun 2019 at 07:46hrs | 5 | by Ndou Paul
Zupco jokes, economic class and hedonistic individualism in Zimbabwe
There can be a bit of a laugh, if you are on social media, concerning the political-economic goings-on in Zimbabwe.There should not (strictly speaking) be. But on social media, there is and hu...Published: 07 Jun 2019 at 06:56hrs | 3 | by Takura Zhangazha
From Bingu wa Mutharika to Dambudzo wa Malaba & Chigumba
The deteriorating economy of Zimbabwe is a vindication that President ED Mnangagwa was imposed on Zimbabweans by none other than the controversial Zimbabwe Election Commission (ZEC) and the Supreme Co...Published: 06 Jun 2019 at 12:36hrs | | by Don Chigumba
Rural teachers' union leader detained after strike call
The deputy leader of a union for rural teachers was arrested in Gweru on Tuesday, detained and interrogated before being freed without charge.The Amalgamated Rural Teachers Union of Zimbabwe (...Published: 05 Jun 2019 at 18:05hrs | 1 | by ZimLive
Coup rumor against President ED Mnangagwa
There are allegations from the media that a coup against President ED Mnangagwa is imminent. This piece seeks to dispute such rumors. The rumors are created by President ED Mnangagwa and his team in o...Published: 05 Jun 2019 at 09:26hrs | 5 | by Don Chigumba
Mnangagwa signs new law to ban strikes
LABOUR minister Sekai Nzenza has told Senate that the Tripartite Negotiating Forum Bill, which she says will be signed into law tomorrow by President Emmerson Mnangagwa, will outlaw stayaways or strik...Published: 04 Jun 2019 at 07:17hrs | | by Staff reporter
Mutsvangwa son's illegal forex business raided, 4 cops arrested
Four police detectives have been arrested for under-declaring money seized during a raid on an illegal foreign currency trading business owned by the son of a Cabinet minister.Detectives Tafad...Published: 30 May 2019 at 17:28hrs | 4 | by ZimLive
Zimbabweans told to brace for mass protests
THE Zimbabwe Congress of Trade Unions (ZCTU) has warned that it is mobilising for mass action against the current economic crisis if government fails to provide solutions.This comes as nurses ...Published: 25 May 2019 at 15:15hrs | 7 | by Staff reporter
Hospitality workers demand salaries in forex
WORKERS in the hospitality industry are demanding that their salaries be paid in foreign currency, saying their employers have the capacity to do so as most of their transactions are in foreign curren...Published: 14 May 2019 at 07:38hrs | | by Staff reporter
Import substitution: best remedy to high import bill
Zimbabwe imported goods worth $6.85 Billion in 2018, a 38% increase from 2017. That import figure can go up by 30% if smuggled merchandise and under declared imports at the country's border posts are ...Published: 12 May 2019 at 23:15hrs | 1 | by Victor Bhoroma
RTGS$ 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 | 25 | by Staff reporter
Strive Masiyiwa tells Zimbabwe to price all goods in South African rand
Billionaire telecoms tycoon Strive Masiyiwa says Zimbabwe could achieve price stability if all goods were priced in the South African rand, and the country could do this "overnight".Masiyiwa, ...Published: 19 Apr 2019 at 10:48hrs | 10 | by ZimLive
Mwonzora & MDC Guptas' untimely political menopause
I suffered a psychological stroke upon receiving news of the defeat of Hon Mwonzora in his Sakubva home ground. The defeat of Hon Mwonzora in Manicaland should not be taken for granted. Politica...Published: 17 Apr 2019 at 09:02hrs | 2 | by Don Chigumba
Mnangagwa pushes Zimbabweans to revolt
The Zanu-PF government is pushing Zimbabweans towards an uprising following a fresh wave of price increases that have virtually turned workers into slaves.The price of bread, a staple diet tha...Published: 16 Apr 2019 at 19:16hrs | 2 | by Methusi Ncube
Massive retrenchments loom as Zimbabwe economy slows down
HUNDREDS of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes...Published: 12 Apr 2019 at 09:14hrs | 1 | by Victor Bhoroma
Zimbabwe Army Generals read riot act to Mnangagwa, as he privately offers to resign as President
The game is all but over for President Emmerson Mnangagwa's young presidency, as hardline army generals are reportedly said to have read the riot act to him, over a sheaf of serious issues caused by h...Published: 12 Apr 2019 at 06:54hrs | 2 | by Itai Mushekwe/Nancy Mabaya/Malvin Motsi
Mnangagwa's currency 'joke in bad taste'
AN off-hand comment regarding the local RTGS currency, by President Emmerson Mnangagwa has left the country's biggest opposition party, the MDC fuming.Mnangagwa told victims of Cyclone Idai in...Published: 07 Apr 2019 at 08:35hrs | 1 | by newzimbabwe
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 | | by newzimbabwe
WATCH: Mnangagwa mocks bond note, celebrates 'real money'
President Emmerson Mnangagwa Thursday mocked the local RTGS currency saying it was not real currency as compared to the United States dollar.He said this in Ngangu, Chimanimani where he had vi...Published: 05 Apr 2019 at 07:05hrs | 14 | by newzimbabwe
Mnangagwa sued over RTGS currency
Harare businessman and University of Zimbabwe (UZ) lecturer, Shakespear Hamauswa, has petitioned the High Court seeking a court order to declare unconstitutional the Presidential (Temporary Measures) ...Published: 13 Mar 2019 at 07:13hrs | 2 | by Staff reporter
RTGS dollar to devalue before tobacco auction - Mangudya
Reserve Bank governor John Mangudya on Monday said the exchange rate for the new transitional currency is unlikely to remain at 2.5 per U.S. dollar by the time tobacco auctions open next week, suggest...Published: 12 Mar 2019 at 05:54hrs | 1 | by Reuters
Zimra system fails
FREIGHT shipping and forwarding agents have reverted to manual clearing after the Customs and Excise Automated System for Customs Data (Asycuda) failed to convert recently introduced duty regimes, New...Published: 11 Mar 2019 at 07:14hrs | 1 | by Staff reporter
Can the interbank FX market end the black market?
The recent monitory policy statement announcement by the Reserve Bank of Zimbabwe (RBZ) paved way for the re-introduction of the Interbank Foreign Exchange market as recommended by industry captains w...Published: 04 Mar 2019 at 10:09hrs | | by Victor Bhoroma
Mnangagwa hikes duty threefold?
CUSTOMS and excise duties shot up threefold to the bond note value yesterday following government's gazetting of Statutory Instrument 32 of 2019, ushering in the new currency, RTGS dollar (ZWL)....Published: 03 Mar 2019 at 00:54hrs | | by Staff reporter
A lot of US dollar buyers, but no sellers over low rate set by RBZ
Zimbabwe's new currency will be backed up with fiscal discipline, Finance Minister Mthuli Ncube said on Monday, adding that the government would allow the RTGS dollar to fluctuate but would manage exc...Published: 26 Feb 2019 at 06:41hrs | 1 | by ZimLive
'RTGS/USD rate to settle at 1:2,5'
STOCKBROKING firm, IH Securities, believes the scrapping of the 1:1 exchange rate by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya in last week's 2019 Monetary Policy Statement, is revoluti...Published: 25 Feb 2019 at 08:14hrs | 2 | by Staff reporter
Mnagagwa is a habitual liar
I am now forced to believe that the President of South Africa is visiting Zimbabwe in days to come because he may want to get a lecture/exchange notes from/with John Mangudya and Mthuli Ncube. News th...Published: 22 Feb 2019 at 20:12hrs | 1 | by Don Chigumba
The current monetary policy review will worsen current fiscal imbalances
Background and Review It was trajectory, forex premiums is hurting Zimbabweans and hostile to business environment. FCA accounts have yielded positive r...Published: 20 Feb 2019 at 17:25hrs | 2 | by Tinashe Eric Muzamhindo
Black market forex rates fairly stable since January
BLACK market foreign currency exchange rates have remained fairly stable for almost two months with dealers attributing the trend to a reduction in demand.A random assessment by NewZimbabwe.co...Published: 18 Feb 2019 at 07:14hrs | | by newzimbabwe
Government running scared
The teachers' job action has now shaken the corridors of power. The Public Service Commission, PSC, has confirmed that teachers' job action has brought business to a halt in our schools country wide. ...Published: 08 Feb 2019 at 20:07hrs | 2 | by ARTUZ
Mnangagwa left paralysed by a crisis of legitimacy
Last week on November 24 Emmerson Mnangagwa was in Murombedzi - former president Robert Mugabe's village backyard in Mashonaland West - to commemorate his chequered one year in office following his co...Published: 02 Dec 2018 at 10:17hrs | 1 | by Jonathan N Moyo
Mnangagwa claiming to be the light in darkness
PRESIDENT Emmerson Mnangagwa has been telling us ad nauseam that Zimbabweans should not abuse the democratic space which he claims the so-called "Second Republic" has opened up."The advent of ...Published: 30 Nov 2018 at 09:35hrs | 2 | by Staff reporter
Mthuli Ncube's stabilisation steps 'inadequate, unhelpful'
Long-suffering Zimbabweans have expressed disappointment in the government's latest economic stabilisation measures that were announced on Monday, adding that they feared that things could take a turn...Published: 03 Oct 2018 at 15:17hrs | | by Staff reporter
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