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Senditoo Partners with Star FM for 'Major' Takeover
Senditoo Co-founder Takwana Tyaranini and his team are taking over several shows on Star FM, after acquiring presentation rights on the popular Zimbabwean radio station.The move is part of the...Published: 11 May 2021 at 18:27hrs | 998 | by Agencies
'Financial distress to persist for Zimbabwe's urban poor'
USAID food security unit, Famine Early Warning Systems Network (FEWS NET), says most urban families in Zimbabwe are expected to remain in financial doldrums due to skyrocketing cost of living....Published: 07 May 2021 at 06:33hrs | 228 | by Staff reporter
'Zimbabwe diaspora remittances overtake foreign aid'
Diaspora remittances have overtaken foreign aid, as Zimbabweans abroad sent home over US$1 billion in 2020, the highest ever contribution made to the local economy, Finance and Economic Development Mi...Published: 04 May 2021 at 08:04hrs | 2516 | by Staff reporter
Zimbabweans in the diaspora remitted US$1 billion in 2020
ZIMBABWEANS in the diaspora last year sent home a total of US$1 billion, the highest ever contribution made to the local economy.Addressing journalists in Bulawayo over the last weekend, Finan...Published: 04 May 2021 at 07:38hrs | 724 | by Staff reporter
Covid-19 vaccine to jump-start tourism sector
On January 30, 2020, the Director General of the World Health Organization (WHO) declared the outbreak of the coronavirus disease 2019 (COVID-19) as a Public Health Emergency of International Concern....Published: 23 Apr 2021 at 20:10hrs | 254 | by Tirivanhu Kateera
Zimbabwe poverty reaches alarming levels
ABOUT 1.5 million people living in Zimbabwe's urban centres plunged into alarming penury after their livelihoods were disrupted by the outbreak of Covid-19 and restrictions which were enforced to cont...Published: 17 Apr 2021 at 16:18hrs | 490 | by Staff reporter
Demand for rand disbursements spurs Access Forex
MONEY transfer services firm, Access Forex, says it has positioned itself to expand business in response to overwhelming demand for rand cash disbursements mainly in Matabeleland provinces and parts o...Published: 06 Apr 2021 at 15:41hrs | 1099 | by Staff reporter
'Zimbabwe hurtling towards stagflation'
LAST week the CEO Africa Roundtable (CEOART) gathered some of Zimbabwe's best economists and industrialists to digest economic developments during the first quarter of 2021. What came out of the summi...Published: 04 Apr 2021 at 09:44hrs | 542 | by Staff reporter
Private sector-led growth
Two years ago, the new Minister of Finance in Zimbabwe, Mthuli Ncube brought together a small group of local business persons in an informal advisory group.I was privileged to be included. our...Published: 01 Apr 2021 at 07:23hrs | 732 | by Eddie Cross
Bulawayo accounts for most child headed families
BULAWAYO has the highest number of child headed families across all urban centres in the country, resulting in wayward behaviour. The Zimbabwe Vulnerability Assessment Committee (ZimVAC) 2020 ...Published: 31 Mar 2021 at 06:32hrs | 511 | by Staff reporter
Zimdollar to remain stable
TWO years ago, the new Minister of Finance in Zimbabwe brought together a small group of local business persons in an informal advisory group. I was privileged to be included.Our meetings were...Published: 29 Mar 2021 at 18:10hrs | 592 | by Eddie Cross
Zimbabwean diaspora ready to invest back home
Zimbabweans working and living outside their country are willing to invest back home and boost the economy, as long as there is a good environment according to the International Organization for Migra...Published: 22 Mar 2021 at 07:22hrs | 1083 | by Staff reporter
Zimbabwe dominates Sadc remittances
ZIMBABWE received the largest remittances in southern Africa, underpinned by high migration of citizens who fled a two decade-long economic crisis, the latest African Development Bank (AfDB) data show...Published: 12 Mar 2021 at 06:46hrs | 800 | by Staff reporter
Zimbabwe's gold loses glitter
Zimbabwe's gold export receipts plummeted 46% to record US$53.1m in January 2021 from US$98.1m during the same month last year due to delays in payments and heavy rains, the Reserve Bank (RBZ) has sai...Published: 05 Mar 2021 at 17:44hrs | 824 | by Staff reporter
Zimbabwe diasporans launch party
A NEW political party formed by Zimbabweans in the diaspora, the Patriotic Zimbabweans (PZ), has proposed a financing strategy to revive the country's deteriorating road, rail, aviation and health and...Published: 04 Mar 2021 at 06:23hrs | 1536 | by Staff reporter
NMB opens Money Transfer and DSTV Centre
It is now possible to experience quick and focused service when collecting money sent from abroad and paying DSTV subscriptions. NMB Bank has opened a centre in Harare's central business district dedi...Published: 03 Mar 2021 at 13:56hrs | 1795 | by Agencies
Foreign direct investment dries up
FOREIGN investment inflows to Zimbabwe last year fell by 23.7% to US$40.06 million compared to the same period in the previous year, with analysts attributing the decline to the outbreak of Covid-19 p...Published: 28 Feb 2021 at 15:33hrs | 1087 | by Staff reporter
Zimbabwe's $50 note imminent
Zimbabwe announced on Thursday that it would shortly introduce a $50 note, while raising cash withdrawal limits to Z$2,000 per day from Z$1,000.The central bank also lifted its main lending ra...Published: 21 Feb 2021 at 22:30hrs | 1671 | by Staff reporter
Zimbabwean expats keep country afloat, remits $1 billion
Diaspora remittances to Zimbabwe jumped a record 58 percent from US$635.7 million to US$1 billion in 2020, the central bank said on Thursday, highlighting the key role played by expatriates in keeping...Published: 19 Feb 2021 at 07:24hrs | 968 | by Staff reporter
RBZ projects inflation fall
THE Reserve Bank of Zimbabwe (RBZ) yesterday forecast annual inflation to plummet to less than 10% this year, driven by a good agricultural season, fiscal and financial sector stability.Zimbab...Published: 19 Feb 2021 at 07:16hrs | 391 | by Staff reporter
Zimbabwe must embrace 'spirit of optimism and confidence'
IT is my singular honour and privilege to have been invited to address this virtual Africa Reconstruction Global Summit organised by the World Economic Congress.The theme of this conference, Colla...Published: 10 Feb 2021 at 06:16hrs | 191 | by ED Mnangagwa
Towards meaningful diaspora engagement
Globally, it is estimated that 1 in 7 people is a migrant. Though this measly figure appears to be statistically insignificant and to give credence to the critics of the so-called mobility bias in mig...Published: 20 Jan 2021 at 06:36hrs | 110 | by Mutsa Murenje, Queensland, Australia
Exchange control regulations and export growth
The monetary policy committee for the Reserve Bank of Zimbabwe (RBZ) issued a circular with changes to export surrender requirements on the 7th of January 2021. The changes include immediately removin...Published: 20 Jan 2021 at 06:30hrs | 122 | by Victor Bhoroma
Gold deliveries slump to lowest since 2014
Gold deliveries slumped to their lowest since 2014 falling 31% in 2020 as the sub sector marked a tumultuous year where the country failed to take advantage of a record rally on the price of the yello...Published: 11 Jan 2021 at 16:07hrs | 370 | by Staff reporter
Zimbabwe's economic outlook for 2021
Zimbabwe's economy ended the year 2020 on a fairly stable note due to the return of the multi-currency regime and decline in general inflation levels in the market. Headwinds caused by incessant power...Published: 08 Jan 2021 at 21:02hrs | 1348 | by Victor Bhoroma
Congestion, panic buying in Bulawayo
BULAWAYO residents yesterday defied stay-at-home lockdown measures that Government imposed with effect from Saturday to combat the spread of Covid-19. It was a hive of activity in the city cen...Published: 04 Jan 2021 at 23:04hrs | 1927 | by Staff reporter
Afro-Sino economic relations in the 21st Century: Mixed Reactions and Misinterpretations
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National U...Published: 04 Jan 2021 at 19:21hrs | 371 | by Livingstone Kazizi
Government must review the decision to lockdown the country !!!
The recent lockdown statement done by the Vice President and Health Minister Dr Chiwenga. My assumption was that Government of today, Government of Zimbabwe, was supposed reach out to many Inclusive o...Published: 04 Jan 2021 at 11:05hrs | 2367 | by Tinashe Eric Muzamhindo
Chamisa's statement on Zimbabwe's latest lockdown
1. Sound public policy requires broad consultation of citizens. It must be scientific and for this reason it ought to be evidence-based. The latest lockdown measures lack scientific rigour, rationalit...Published: 03 Jan 2021 at 13:48hrs | 4552 | by Staff reporter
Mnangagwa's leave, a pitstop to nowhere
Now that we have seen the edited versions of people's lives across social platforms like Facebook, Twitter and Instagram during Christmas and New Year festivities, its back to the basics, the da...Published: 02 Jan 2021 at 10:21hrs | 1816 | by Josiah Mucharowana
It's time for people to take the struggle
The sun does not go down twice in a day. The current political , economic and social settings in Zimbabwe are in dire straits and leave a lot to be desired.The country is stuck in between two ...Published: 29 Dec 2020 at 14:38hrs | 598 | by Leonard Koni
Zimra recovers 87% debt from taxpayers in 2020
The Zimbabwe Revenue Authority (ZIMRA) recovered ZWL$4 billion in unpaid taxes the Authority was owed by taxpayers who were in default, translating to an 87% recovery rate this year as the country wen...Published: 29 Dec 2020 at 07:22hrs | 844 | by Staff reporter
It's time to take the bull by its horns
THE country is stuck in the horns of a dilemma. It's high time the people unite and break the political logjam so as to solve the situation once and for all.Relying on elections to solve Zimba...Published: 29 Dec 2020 at 07:02hrs | 465 | by Leonard Koni
Zimbabwe pins hopes on 2021
THE year 2020 ends this week amid renewed optimism among Zimbabweans for a brighter new year, predicated on the emerging economic stability and hope for a robust lift off.For most Zimbabweans,...Published: 27 Dec 2020 at 06:59hrs | 227 | by Staff reporter
Chiwenga and the decolonisation of the field of political science
WHILE the repository of African political philosophy is awash with contributions from intellectual doyens like Marcus Garvey, Senghor Toure, Walter Rodney, Archie Mafeje, Ali Mazrui, Thabo Mbeki, Asan...Published: 20 Dec 2020 at 06:42hrs | 175 | by Richard Runyararo Mahomva
Forex earnings inch closer to US$6 billion
The economy has been resilient for much of the year, with key macroeconomic fundamentals reflecting strong performance in the January to November period despite the fallout from the coronavirus, Reser...Published: 20 Dec 2020 at 06:40hrs | 140 | by Staff reporter
Chiwenga triggers important political science debate
Black Epistemologies and the Non-Writing PoliticianWhile the repository of African political philosophy is awash with contributions from intellectual doyens like Marcus Garvey, Senghor Toure, Walter R...Published: 19 Dec 2020 at 05:41hrs | 1545 | by Richard Mahomva
Mangudya slams Ncube tariff increases
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya has launched a rare scathing attack on the government for steeply increasing tariffs for public utilities, warning the decision will have serious ...Published: 18 Dec 2020 at 06:21hrs | 5346 | by Staff reporter
Zimbabwe Diaspora inflows set for record levels
Zimbabwe's Diaspora remittances are this year expected to close at record levels of US$940 million, despite economic disruptions caused by the Covid-19 pandemic. Estimates from the Reserve Ban...Published: 17 Dec 2020 at 06:47hrs | 236 | by Staff reporter
Diaspora remittances up 48% in 10 months, says RBZ
DIASPORA remittances increased by 48 percent to reach US$760 million in the 10 months to October 2020 compared to the same period last year, according to the Reserve Bank of Zimbabwe (RBZ).The...Published: 30 Nov 2020 at 19:02hrs | 288 | by Staff reporter
Every Zimbabwean deserves secure land rights
IN 2019, Zimbabwe embarked on a long-awaited land policymaking process.The Land Policy's emphasis on gender sensitivity echoes global recognition and acknowledgement of the strategic importanc...Published: 29 Nov 2020 at 07:05hrs | 297 | by Gaynor G Paradza
Zimbabweans living in extreme poverty increase to 6 million in 2019
The number of poor people in the country increased to 8.9 million in 2019 - more than half of its estimated population - from 8 million in 2017 while those living in extreme poverty increased to 6 mil...Published: 27 Nov 2020 at 17:31hrs | 512 | by Staff reporter
Stand up for sit down - Zimbabwe Vigil Diary: 21st November 2020
World Toilet Day on Friday made a bigger splash than this month's third anniversary of the overthrow of Mugabe.Zimbabwe Lawyers for Human Rights called on the Mnangagwa government to ensure th...Published: 23 Nov 2020 at 07:33hrs | 1080 | by ZimVigil
Zimbabwe diaspora remittances up 45% due to lockdowns
Zimbabwe's central bank governor said on Thursday official remittances from the diaspora were up 45% during the January-September period from last year at $657.7 million as COVID-19 lockdowns forced p...Published: 21 Nov 2020 at 19:26hrs | 759 | by Staff Reporter
Govt has failed to resolve strike by teachers, and all civil servants
The major reason why the Zimbabwe government is failing is in whole part for its reason to resist the tide. For a start, the government has over the decades tried and failed dismally to control th...Published: 18 Nov 2020 at 12:29hrs | 3814 | by Zanda Shumba
Reviving the rural economy in Zimbabwe
Zimbabwe's rural economy plays a significant role in national food production, in alleviating extreme poverty and in the attainment of Sustainable Development Goals (SDGs). The Zimbabwe National Stati...Published: 17 Nov 2020 at 12:37hrs | 2679 | by Victor Bhoroma
Zimbabwean men more concerned about their in-laws
Zimbabwean men have a special ego and have always basked in identity comfort. The sense of belonging is what makes a Zimbabwean man, a man. A man's ego is his unconscious sense of identity. It...Published: 07 Nov 2020 at 05:49hrs | 513 | by Dr Masimba Mavaza
Partial dollarization to induce economic stability
The Zimbabwean economy has vaulted back to the multi-currency regime that prevailed between 2009 and 2018 with the US Dollar transactions gradually growing in the formal market while dominating trade ...Published: 03 Nov 2020 at 14:25hrs | 3254 | by Victor Bhoroma
Zimbabwe in state of radical uncertainty, says Prof Hawkins
Zimbabwe is in a state of radical uncertainty, economic consultant Tony Hawkins told an Association of Healthcare Funders of Zimbabwe (AHFoZ) all stakeholders webinar on health on Wednesday."I...Published: 29 Oct 2020 at 12:50hrs | 2438 | by Agencies
Mthuli Ncube counts COVID-19 cost on economy
Zimbabwe's construction industry looks set to be the hardest hit by the outbreak of the COVID-19 pandemic with an expected contraction of -11.4 percent, Finance and Economic Development minister Mthul...Published: 28 Oct 2020 at 16:59hrs | 545 | by Staff reporter
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