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Zimbabweans in South Africa sent bulk of remittances in 2022
ZIMBABWE'S diaspora community in South Africa and the United Kingdom accounted for the bulk of remittances last year, reaching US$1,66 billion up from US$1,43 billion in 2021, official figures show....Published: 17 hrs ago | 201 | by Staff reporter
Zimbabwe govt ill-treating its diaspora citizens
RECENT legislative developments in Zimbabwe portray the government as being only interested in its diaspora-based citizens when it wants them to contribute to the country's economic development and mo...Published: 06 Feb 2023 at 04:54hrs | 275 | by Padmore Kufa - Zimbabwe Diaspora Vote Initiative
Diaspora keeps Zimbabwe afloat but no vote
ALTHOUGH Zimbabweans in the diaspora are not allowed to vote from their host nations, their cash remittances back home are fast growing and helping to keep the country afloat.Last year, remitt...Published: 04 Feb 2023 at 20:12hrs | 371 | by Staff reporter
Reserve Bank slashes lending rates, increases forex retention
THE Reserve Bank of Zimbabwe (RBZ) has trimmed its bank policy rate to 150 percent from 200 percent per annum and increased foreign currency retention thresholds for exporters on domestic sales while ...Published: 02 Feb 2023 at 22:58hrs | 1095 | by Staff Reporter
Hichilema must push Zimbabwe diaspora vote case
YOUR ExcellencyPresident Hakainde Hichilema,Chair,Sadc Organ on Politics, Defence and SecurityThe Zimbabwe diaspora vote, a grouping of Zimbabweans living outside Zimba...Published: 01 Feb 2023 at 07:42hrs | 269 | by Rosewiter Mangiroza
Pressure to send money home creates many problems in UK
Pretty Matekenya sat with her children in their small apartment in Luton, United Kingdom, just gazing at her payslip.Since she moved to England, she felt pressure from her relatives in Zimbabw...Published: 21 Jan 2023 at 08:20hrs | 998 | by Dr Masimba Mavaza
Scud to be revived
LISTED beverages producer, Delta Corporation Limited has said it is planning to revive its Scud beer brand to cover supply gaps on the market."There are ongoing efforts to optimise the availab...Published: 20 Jan 2023 at 06:42hrs | 1339 | by Staff reporter
Unlocking Africa's Future: How the Disruptive Protocols Emerging Today Can Benefit the Continent
We live in a world where technology is rapidly transforming the way we live, work, and play. From artificial intelligence to blockchain technology, the disruptive protocols emerging today have the pot...Published: 30 Dec 2022 at 07:45hrs | 354 | by Taedzwa Chikono
Chamisa ally tells diasporans not to send family money if they haven't registered to vote
THE opposition Citizens Coalition for Change (CCC) has credited Diasporans for its success in the March 2022 polls and challenged the exiles to again carry the party to triumph in general elections du...Published: 27 Dec 2022 at 06:44hrs | 1704 | by Staff reporter
Forthcoming Zimbabwean elections not a Chamisa alone spectacle
Opposition leader Nelson Chamisa cannot wrestle power from Zanu PF single -handedly without all progressive Zimbabweans putting hands on deck....Published: 16 Dec 2022 at 16:03hrs | 1137 | by Josiah Mucharowana in Pretoria
Tough foreign exchange regime suffocating economy
Zimbabwe's broad money supply has grown from just under ZW$364,60 billion as of September 2021 to more than ZW$1,920 trillion as of September 2022. This represents growth of over 426% over a period of...Published: 16 Dec 2022 at 00:02hrs | 411 | by Victor Bhoroma
Zimbabwe's re-engagement effort faces brickwall
The Zimbabwe's re-engagement drive is largely influenced by many issues, chief among them political instability, democracy, high inflation and unemployment.Through the ongoing re-engagem...Published: 15 Nov 2022 at 04:50hrs | 414 | by Nomatter Jakachira
RBZ conducts digital currency survey
THE Reserve Bank of Zimbabwe (RBZ) has stepped up plans to create Zimbabwe's own Central Bank Digital Currency (CBDC) on a phased approach by carrying-out consumer perception surveys.The bank'...Published: 11 Nov 2022 at 05:04hrs | 196 | by Staff reporter
SasaiRemit rewards its customers, launches consumer promotion for sending money from SA to Zimbabwe
Johannesburg, South Africa, 2 November 2022 - SasaiRemit, one of Africa's leading digital money transfer providers and a business of Cassava Technologies,...Published: 02 Nov 2022 at 15:57hrs | 523 | by Agencies
Zimbabwe moots Road Accident Fund
Government is mooting the establishment of a Road Accident Fund (RAF) which is aimed at minimising the effects of traffic accidents on the citizenry and the proposal was tabled to traffic stakeholders...Published: 10 Oct 2022 at 18:20hrs | 309 | by Staff reporter
'Diaspora bond can only worsen Zimbabwe's situation'
ANALYSTS have described Finance minister Mthuli Ncube's latest attempt to secure investment from Zimbabweans living in the diaspora through a diaspora bond as "day dreaming".Addressing diaspor...Published: 03 Oct 2022 at 06:13hrs | 554 | by Staff reporter
Zimbabwe's foreign currency receipts hit US$7,7 billion mark
ZIMBABWE's foreign currency receipts have reached US$7, 7 billion, thereby marking a significant increase if compared to the same period last year.The development indicates the existence of re...Published: 02 Oct 2022 at 09:02hrs | 108 | by Staff reporter
Bleak future for Zimbabwean families depending on breadwinners in South Africa
Families depending on remittances from relatives working in South Africa fear they will lose their primary income when the Zimbabwe Exemption Permit expires.A financial services company warns ...Published: 30 Sep 2022 at 21:24hrs | 811 | by Staff reporter
Mnangagwa says Zimbabwe agricultural land not for sale
AGRICULTURAL land is not for sale and anyone who will be found selling farms allocated to them under the Land Reform Programme will face the music, President Mnangagwa has said.Addressing Zimb...Published: 27 Sep 2022 at 05:49hrs | 240 | by Staff reporter
Zimbabwe central bank raids banks, firms
THE Reserve Bank of Zimbabwe's Exchange Control Division has raided and penalised top banks and firms for violating exchange control regulations with some companies failing to account for United State...Published: 23 Sep 2022 at 19:25hrs | 1501 | by Staff reporter
Econet unveils international airtime transfer service
Econet Wireless Zimbabwe has launched an international airtime transfer service that allows Zimbabweans living in South Africa to buy airtime for their family and friends back home.The innovat...Published: 15 Sep 2022 at 21:32hrs | 358 | by Staff reporter
Qatar, Angola wants Zimbabwe teachers
THE demand for Zimbabwean professionals around the world continues to increase with Angola and Qatar the latest countries that have requested for teachers and other professions to work in the public s...Published: 15 Sep 2022 at 06:25hrs | 2786 | by Staff reporter
‘No need for Zimbabwe to import cement'
THERE is no need for Zimbabwe to import cement as it has adequate supplies and capacity to meet all ongoing construction projects by the Government and private sector, PPC Zimbabwe managing director, ...Published: 15 Sep 2022 at 05:48hrs | 307 | by Staff reporter
Delta Beverages faces MPs grilling over beer levy
DELTA Beverages bosses are facing a Parliamentary grilling over beer levy remittances to local authorities amid fears some were capitalising on lack of proper accounting systems to unlawfully under-re...Published: 11 Sep 2022 at 15:19hrs | 382 | by Staff reporter
Kagame tells Mnangagwa to stop pretending Zimbabwe economy is doing good
RWANDAN President Paul Kagame has told President Emmerson Mnangagwa to stop pretending or try to convince other countries that things were good in Zimbabwe.Kagame said this on the sideli...Published: 07 Sep 2022 at 20:41hrs | 12709 | by Staff reporter
Thousands of Zimbabweans flee economic mess
ZIMBABWE recorded the highest outflow of citizens fleeing the country in 2021 compared to other previous years since 1980 as the deepening socio-economic crisis shows no signs of abating under Preside...Published: 07 Sep 2022 at 06:46hrs | 553 | by Staff reporter
Zimbabweans in SA must come back and vote
FOREIGN Affairs minister Frederick Shava has said something very interesting regarding our relatives currently domiciled far and wide in all corners of the globe, but more specifically with regards to...Published: 30 Aug 2022 at 06:33hrs | 505 | by Staff reporter
Limpopo doctor's Nazistic remarks despicable
An ANC official and senior medical officer for Limpopo province spews Nazistic and hypernationalistic sentiments that go beyond the ideals of the medical profession against a stricken patient waiting ...Published: 26 Aug 2022 at 20:47hrs | 215 | by Sapien Sapien, Harare.
Zimbabwe explores central bank digital currency
The Reserve Bank of Zimbabwe (RBZ) says it is moving ahead with plans to create Zimbabwe's own Central Bank Digital Currency (CBDC) on a phased approach.RBZ Governor Dr John Mangudya said the ...Published: 24 Aug 2022 at 06:37hrs | 519 | by Staff reporter
Zimbabwe claims to have excess teachers
GOVERNMENT has defended its decision to export teachers to Rwanda saying there was an excess of educators in the country although teachers' unions claimed there was a shortfall of 90 000 educators at ...Published: 20 Aug 2022 at 07:17hrs | 331 | by Staff reporter
Zimbabwe's diaspora remittances hit US$800 million
ZIMBABWE'S diaspora remittances reached US$797 million in the first six months of the year, representing a 23 percent increase in the corresponding period last year.An estimated three million ...Published: 16 Aug 2022 at 06:35hrs | 215 | by Staff reporter
Mnangagwa's chance to redeem legacy
ZIMBABWE and Kenya have striking political dynamics. Even the political history in post2000 era has same characteristics of violence, disputed electoral outcomes, power sharing agreements and voter ap...Published: 12 Aug 2022 at 20:26hrs | 685 | by Staff reporter
Zimbabwe's diaspora remittances top US$797m in six months
ZIMBABWE received a total US$797 million in diaspora remittances, representing a 23% increase on the same period last year, latest Reserve Bank of Zimbabwe (RBZ) data has revealed.Data in the ...Published: 12 Aug 2022 at 06:43hrs | 911 | by Staff reporter
Policy flaws chasing Forex from the formal market
It is estimated that US$2.5 billion is circulating outside the formal banking system in Zimbabwe with households, businesses and foreign investors preferring to store their hard-earned foreign currenc...Published: 11 Aug 2022 at 12:05hrs | 2170 | by Victor Bhoroma
Ndiweni slams 2022 census outcome
FORMER Ntabazinduna chief Nhlanhlayamangwe Ndiweni says the exclusion of the Zimbabwe Diaspora community in the 2022 census is akin to the disenfranchisement of people under the colonial Ian Smith reg...Published: 07 Aug 2022 at 08:27hrs | 328 | by Staff reporter
Zimbabwe infrastructure upgrades to boost revenue performance
GOVERNMENT expects the on-going infrastructural development projects, particularly the upgrading of major highways, to impact positively on revenue performance through improved transport and logistics...Published: 01 Aug 2022 at 06:34hrs | 260 | by Staff reporter
ZimStat explains Matobo figures
THE Zimbabwe National Statistics Agency (ZimStat) has claimed that it did not 'cook' figures for ward 20 in Matobo district, Matabeleland South province after preliminary census results showed that th...Published: 30 Jul 2022 at 19:08hrs | 256 | by Staff reporter
Zimbabwe tax-free threshold doubled, bonus windfall for workers
The tax-free threshold for income tax was doubled to $50 000 a month yesterday by Finance and Economic Development Minister Mthuli Ncube as part of the doubling of all tax bands to improve disposable ...Published: 29 Jul 2022 at 06:46hrs | 738 | by Staff reporter
Zimbabwe is ripe for investment - it just needs to be done the right way
The massive surge in diaspora remittances to Zimbabwe - up to $1.4 billion last year - makes for an interesting case study of an economy significantly different from others. Not many countries can loo...Published: 27 Jul 2022 at 13:01hrs | 1730 | by Agencies
Zimra surpasses H1 net revenue target
THE Zimbabwe Revenue Authority (Zimra) surpassed by 36,84% to $491,49 billion its target for cumulative net revenue collections for the first half of the year, owing to intensified compliance strategi...Published: 22 Jul 2022 at 06:42hrs | 164 | by Staff reporter
Zimbabwe's economy not as bad as claimed, says Mangudya
RESERVE Bank of Zimbabwe (RBZ) Governor, John Mangudya has said the country's economy is doing well despite the negative perception among the people.Giving oral evidence on the performance of ...Published: 13 Jul 2022 at 07:24hrs | 1971 | by Staff reporter
'Zimbabwe 40 yrs backward'
ZIMBABWE is now 40 years backward compared to several African countries as a result of misrule and failure to tap into professional skills that have found home outside the country due to the country's...Published: 05 Jul 2022 at 21:26hrs | 1779 | by Staff reporter
Zimbabwe's forex earnings to reach US$12 billion this year
ZIMBABWE registered US$4,9 billion of foreign currency inflows during the first five months of this year, and is on course to surpass the 2021 record of US$9,7 billion, a senior official has said....Published: 30 Jun 2022 at 06:43hrs | 450 | by Staff reporter
It wasn't constitutional to extend Malaba tenure but ZANU PF amended law, so why not do same for diaspora vote?
It smacks of foul deception, whenever the ruling establishment in Zimbabwe always hides its unwillingness to extend the right to vote to Zimbabwe citizens residing in the diaspora, behind issues of co...Published: 29 Jun 2022 at 10:02hrs | 1838 | by Tendai Ruben Mbofana
EcoCash partners PayPal
EcoCash has partnered PayPay to facilitate international remittances to Zimbabwe through its existing partnership with global cross-border remittance giant Thunes."Leveraging our Hub partnersh...Published: 29 Jun 2022 at 07:46hrs | 534 | by Staff reporter
Zimbabwe pensioners scoff at US$15 NSSA grocery vouchers
Pensioners have scoffed at the $10 000 (US$15) once-off grocery voucher offered by National Social Security Authority (NSSA), describing it as a mockery to a lifetime of service and dedicated co...Published: 25 Jun 2022 at 08:36hrs | 265 | by Staff reporter
WorldRemit closes transfers to Zimbabwe banks
British-based digital payments service, WorldRemit has announced its removal of direct bank transfers to Zimbabwean accounts in favour of mostly cash transactions.This came a month after Zimba...Published: 18 Jun 2022 at 07:28hrs | 1043 | by Staff reporter
Zimbabwe should prioritise returnees in land allocations
LAST week, I came across two seemingly unrelated media stories that forced me to consider the link between land governance in Zimbabwe and the migration crisis affecting Zimbabweans resident in neighb...Published: 17 Jun 2022 at 08:29hrs | 148 | by Admire Mjamaru
EcoCash tightens customer data privacy in important platform security upgrade
EcoCash, the country's leading mobile money platform, has introduced additional security enhancements on its platform to beef up customer data privacy and strengthen the system's security.The ...Published: 08 Jun 2022 at 18:30hrs | 641 | by Staff reporter
Monetary policy inconsistency sinking economy
On the 17th of May 2022, the Reserve Bank of Zimbabwe (RBZ) issued a circular cancelling the order announced by the head of state on the suspension of bank lending one week earlier. The head of state ...Published: 08 Jun 2022 at 07:19hrs | 437 | by Victor Bhoroma
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