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Get Zimbabwe to its factory settings
Zimbabweans living in the diaspora must have a say and given a platform to share their ideas and contribute much to the economic, political and social dev...Published: 12 Mar 2024 at 07:20hrs | 699 | by Leonard Koni
Luxury estate to launch in May
WESTPROP Holdings chief executive Ken Sharpe has revealed that the company will launch the highly-anticipated US$100 million mixed use Hills Luxury Lifestyle Estate in May this year."It is wit...Published: 05 Mar 2024 at 04:58hrs | 535 | by Staff reporter
Bard Santner sets up New York office
HARARE - Local financial services firm Bard Santner Inc has set up an office in New York, United States, in a move to attract capital investment and transaction opportunities offshore.The comp...Published: 15 Feb 2024 at 18:42hrs | 417 | by Staff Reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | 424 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 410 | by Staff reporter
Mumba Money appoints George Muchapirei as UK Chairman
Mumba Money, a leading international money transfer agency, is delighted to announce the appointment of George Muchapirei as Chairman of Mumba Money UK, effective 1 January 2024. With his extensive ex...Published: 02 Jan 2024 at 08:55hrs | 1773 | by Nkululeko Nkomo
'Rains too late to stop Zimbabwe hunger'
A FAMINE monitoring agency says recent rains may have done little to avert a hunger crisis next year as indications show that over a million people are in need of food aid.The prolonged El Nin...Published: 31 Dec 2023 at 12:58hrs | 510 | by Staff reporter
Magnifying the gains from migration in Zimbabwe
THE recent World Development Report proposes a simple framework to analyse cross-border migration. It juxtaposes the motive for migration and the "match" between migrants' attributes and the destinati...Published: 29 Dec 2023 at 19:35hrs | 371 | by Staff reporter
Remitly Emerges as Top Choice for Zimbabweans Abroad: Fast, Affordable, and Fee-Free
In a significant trend, Zimbabweans in the diaspora are increasingly turning to Remitly.com for their money transfer needs, drawn by the platform's favorable exchange rates, vast collection points in ...Published: 29 Dec 2023 at 11:34hrs | 1365 | by Libz Mbanje
Mthuli Ncube divorced from reality
On November 30, 2023, in the bustling halls of the new Parliament building in Mt Hampden, Finance, Economic Development and Investment Promotion minister Mthuli Ncube , a proud holder of a diplomatic ...Published: 20 Dec 2023 at 06:12hrs | 566 | by Harriet Chikandiwa
ZETDC in the red
THE Auditor-General (AG)'s latest report has revealed that the Zimbabwe Electricity Transmission and Distribution Company (ZETDC)'s liabilities currently exceed its assets by ZWL$24,5 billion....Published: 28 Nov 2023 at 05:28hrs | 779 | by Staff reporter
Depleted local food produce constrains access to income ahead of 2024 season: FEWS NET
The Famine Early Warning Systems Network (FEWS NET) has reported that depleted own-produced food stocks, has constrained access to income, and high food prices will likely drive Crisis (IPC Phase 3) o...Published: 27 Nov 2023 at 13:26hrs | 170 | by Stephen Jakes
Mumba money CEO and Mukuru CIO share insights at a financial services event in Johannesburg
The Evolution of Cross-Border Payments Conference held in Johannesburg brought together industry leaders, experts, and visionaries to discuss the future of the global payments landscape. The event wit...Published: 23 Nov 2023 at 11:17hrs | 2299 | by Mandla Ndlovu
Potraz moves to regulate omalayitsha
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has expanded its licensing categories to encompass cross-border transporters, commonly referred to as "omalayitsha," in a bi...Published: 01 Nov 2023 at 05:47hrs | 331 | by Staff reporter
US sanctions embargo 21 Zimbabwe banks
Sanctions against Zimbabwe, initiated by the United States in 2001 through the Zimbabwe Democracy and Economic Recovery Act (ZDERA) and followed by the European Union in 2002, were prompted by allegat...Published: 30 Oct 2023 at 05:19hrs | 2573 | by Staff reporte
Zimbabwe worker exodus intensifies
Years of mass emigration from Zimbabwe have accelerated due to the ongoing economic crisis, further depleting the country of essential skills needed for a turnaround. Recent census data from South Afr...Published: 16 Oct 2023 at 06:16hrs | 634 | by Staff reporter
USAid allocates US$1 million to Zimbabwe returnees
The United States Agency for International Development (USAID) has allocated approximately $1 million to the International Organisation for Migration (IOM) to initiate a 14-month project aimed at enha...Published: 12 Oct 2023 at 15:10hrs | 311 | by Staff reporter
Telling my Access Finance story
FOLLOWING a recent public announcement by Access Finance Group, a local remittance and financial services company, that its chief executive Singathini Raymond Chigogwana is retiring and would be repla...Published: 05 Oct 2023 at 15:07hrs | 405 | by Senziwani Sikhosana
Mnangagwa must introduce a diaspora ministry
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my sworn submission that your recent resurrection of the War Veterans ministry is suggestive of aberrations. As I see it, the decision is...Published: 27 Sep 2023 at 06:18hrs | 394 | by Cyprian Muketiwa Ndawana
Russian investor prospects for gold, diamonds in Tsholotsho
The Russian conglomerate and the world's leading diamond producer, Alrosa Mining, have awarded a contract to Titan Drilling International for exploration operations focused on gold and diamonds in Tsh...Published: 21 Sep 2023 at 06:09hrs | 355 | by Staff reporter
Chigogwana retires
Access Finance Group, whose strategic network of operations includes Zimbabwe, has appointed Mr Salim Eceolaza as the new chief executive.Mr Eceolaza is succeeding co-founder Mr Raymond Chigog...Published: 20 Sep 2023 at 06:25hrs | 409 | by Staff reporter
Zimbabweans in diaspora pin voting hopes on 10th parliament
The Zimbabwe Diaspora Vote Initiative (ZDVI) is calling on the country's 10th parliament to amend the Electoral Amendment Act, allowing Zimbabweans living abroad to participate in general elections. T...Published: 19 Sep 2023 at 06:34hrs | 920 | by Staff reporter
Same flawed process, Old pain continues
Recent elections showed that the brutal dictator and his murderous Zanu-PF party have strengthened their stranglehold on power in Zimbabwe.Their abuse of state institutions has worsened as the...Published: 02 Sep 2023 at 06:47hrs | 119 | by Dudzai Mukondorongwe
Zimbabwe foreign currency receipts up US$5,5 billion
ZIMBABWE's foreign currency receipts reached US$5, 5 billion in the first half of 2023 driven by exports and diaspora remittances among other top earners, the Reserve Bank of Zimbabwe (RBZ) latest Mon...Published: 27 Aug 2023 at 09:51hrs | 91 | by Staff reporter
Zanu-PF's vote lead grows
Partial results from Zimbabwe's parliamentary election suggested the ruling party's lead was growing on Friday, but election observers said the vote did not meet international standards and was conduc...Published: 26 Aug 2023 at 16:39hrs | 1698 | by Staff reporter
Zimbabwe braces for close election as early parliamentary results come in
Early parliamentary results in Zimbabwe showed the ruling party and the main opposition neck and neck on Friday, after an election in which President Emmerson Mnangagwa's Zanu-PF party was widely expe...Published: 25 Aug 2023 at 20:00hrs | 474 | by Staff reporter
Zimbabwe election results start to trickle in after delays
The first constituency results emerged on Thursday in Zimbabwe's election after delays forced a second day of voting in a small number of neighbourhoods and civil society activists were arrested....Published: 25 Aug 2023 at 06:34hrs | 1242 | by Staff reporter
Zimbabwe suffers brain drain due to fragile political environment, faltering economy
ZIMBABWE has gone through severe economic fluctuations and deadly political violence that brought the entire economy to a standstill.Of particular mention is the 2007/8 record hyperinflation f...Published: 25 Aug 2023 at 06:28hrs | 149 | by Zimbabwe Coalition on Debt and Develpment
Ndiweni says time had come for Zimbabweans to decide the country's future
DETHRONED Ntabazinduna traditional leader Nhlanhlayamangwe Ndiweni has challenged voters, particularly those who support opposition parties, to vote, guard and protect their votes at polling stations ...Published: 23 Aug 2023 at 06:35hrs | 97 | by Staff reporter
Zimbabwe workers scoff at reviewed tax threshold
WORKERS have scoffed at government's latest review of the tax-free threshold to $500 000 effective this month, saying there is nothing to celebrate when the majority are earning below that figure....Published: 11 Aug 2023 at 06:45hrs | 15 | by Staff reporter
Zanu-PF can be defeated if the Zimbabwe diaspora returns home to vote
AS Zimbabwe holds its decisive elections on August 23, there are important reflections to ponder on this event, one of which is what role the diaspora must play in the weeks leading up to the election...Published: 11 Aug 2023 at 06:43hrs | 12 | by Stevens Mokgalapa
Let's vote against those blocking diaspora vote
THE Zimbabwe Diaspora Vote Initiative salutes South Africa's Economic Freedom Fighters (EFF) leader Julius Malema for urging Zimbabweans living in the neighbouring country to make the trip back home a...Published: 13 Jul 2023 at 07:03hrs | 4 | by Staff reporter
Zimbabwe Diaspora Vote Initiative salutes Julius Malema for encouraging Zimbabweans to go back home
The Zimbabwe Diaspora Vote Initiative salutes South Africa's Economic Freedom Fighters (EFF) leader Julius Malema for urging Zimbabweans living in South Africa to make the trip back home and participa...Published: 11 Jul 2023 at 23:50hrs | 18 | by Zimbabwe Diaspora Vote Initiative
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 | 24 | by Victor Bhoroma
Zimbabweans must vote against unpatriotic MPs
WE, the Zimbabwe Diaspora Vote Initiative, a non-partisan group of Zimbabweans living abroad, feel betrayed by Zanu PF parliamentarians and President Emmerson Mnangagwa for failing to amend the Electo...Published: 27 Jun 2023 at 07:00hrs | 8 | by Zimbabwe Diaspora Vote Initiative
Zimbabwe consumer demand remains firm despite currency depreciation
DEMAND within Zimbabwe's consumer sector will remain firm, supported by the informal sector, which makes up the bulk of the economy and shows resilience to macro-economic changes, a research firm has ...Published: 19 Jun 2023 at 06:43hrs | 8 | by Staff reporter
Open Letter to Senator Monica Mutsvangwa
Mr. Kennedy Chokuda Clerk of Parliament Parliament of Zimbabwe Dear Mr. Chokuda,We kindly request you deliver the attached letter from the Zimbabwe Diaspora Vote Initiative to ...Published: 06 Jun 2023 at 21:36hrs | 15 | by Zimbabwe Diaspora Vote Initiative
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 | 20 | by Staff reporter
Cabinet approves National Migration Policy
CABINET has approved the National Migration Policy whose thrust will inform the number of Zimbabweans in the diaspora and their contributions to the country through remittances. The policy wil...Published: 31 May 2023 at 07:00hrs | 6 | by Staff reporter
Mthuli Ncube says currency manipulators won't rest
Currency manipulators and economic saboteurs will always be lurking about looking for opportunities and loopholes to unjustly profiteer but authorities will also be always ready to institute measures ...Published: 31 May 2023 at 06:58hrs | | by Staff reporter
Continued increase in diaspora remittances signal rising poverty in Zimbabwe
The marked rise in diaspora remittances into Zimbabwe actually does not signal economic growth - but, as a matter of fact, increased povertyYet, it is always baffles the mind whenever the Zimb...Published: 30 May 2023 at 22:36hrs | 5 | by Tendai Ruben Mbofana
'Mass exodus if Zanu-PF wins'
FORMER Ntabazinduna chief Nhlanhlayamangwe Ndiweni (pictured) has predicted a mass exodus of Zimbabwean nationals if the ruling Zanu-PF wins the August general elections.Ndiweni was dethroned ...Published: 29 May 2023 at 06:35hrs | 1 | by Staff reporter
Sanctions eroding value of Zimdollar
The depreciation of the Zimbabwe dollar is partly due to illegal economic sanctions imposed on the country by Western countries, the African Development Bank (AfDB) said in its African Economic Outloo...Published: 29 May 2023 at 06:30hrs | | by Staff reporter
Zimbabwe forex inflows breach US$1,78 billion mark
ZIMBABWE has received US$1,78 billion in foreign currency receipts in the first three months of this year, 31% up from the same time last year, central bank governor John Mangudya has said.Dur...Published: 31 Mar 2023 at 07:46hrs | | by Staff reporter
Mnangagwa throws Prophet Uebert Angel under the bus
PRESIDENT Emmerson Mnangagwa has reportedly thrown under the bus his ambassador-at-large, Uebert Madzanire, alias Uebert Angel, as it emerged yesterday that he is under investigation for alleged money...Published: 23 Mar 2023 at 06:23hrs | 92 | by Staff Writer
'Zimbabweans in the diaspora must be allowed to vote'
ZAPU has argued that the diaspora vote is a necessary political right because it is another way of appreciating Zimbabweans living abroad who send remittances back to the country.Ndodana Moyo,...Published: 07 Mar 2023 at 19:23hrs | 1 | by Staff reporter
Zimbabwe in race to introduce digital currency
Zimbabwe is in the race to become one of the first African countries to introduce a central bank digital currency (CBDC).Nigeria became the first country in Africa to issue a CBDC, the eNaira,...Published: 04 Mar 2023 at 10:25hrs | 2 | by Staff reporter
Zimbabwe brain drain cause for concern
LATEST data from the United Kingdom (UK)'s Office of National Statistics tells us that for many years there has been a massive exodus from Zimbabwe of professionals headed for the UK.We hear t...Published: 28 Feb 2023 at 07:42hrs | | by Staff reporter
'Zimbabwe gold coins a masterstroke,' claims Mnangagwa
THE introduction of gold coins by the Reserve Bank of Zimbabwe (RBZ) has been a masterstroke, as it has brought the equivalent of US$27,5 million into the formal system and helped in the economic turn...Published: 13 Feb 2023 at 05:15hrs | 7 | by Staff reporter
Mnangagwa claims 'robust' Zimbabwe economy progress
Zimbabwe's economic activity remains robust, as evidenced by strong foreign currency receipts, Zimbabwean President Emmerson Mnangagwa has said.Writing in his weekly column Sunday in the state...Published: 12 Feb 2023 at 19:10hrs | 6 | by Staff reporter
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