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Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1783 | by Staff reporter
Zimbabweans are educated for nothing: A nation of intellectuals with no voice
Zimbabwe is a country blessed with a wealth of intellectual capital.Its people are among the most educated in Africa, with a strong tradition of academic excellence, particularly in fields lik...Published: 08 Nov 2024 at 14:26hrs | 35479 | by Tendai Ruben Mbofana
CAPS United stun Dynamos in dramatic derby comeback
Dynamos 1 - 2 CAPS UnitedCAPS United ended a five-year wait for Harare derby glory with a dramatic late comeback, defeating rivals Dynamos 2-1 in the Castle Lager Premier Soccer League showdown at...Published: 07 Oct 2024 at 07:53hrs | 336 | by Staff reporter
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9573 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Zimbabwe police to conduct blitz on street traders manipulating ZiG currency
Finance Minister Mthuli Ncube has announced plans for law enforcement crackdowns on black market traders accused of manipulating Zimbabwe's new structured currency, the Zimbabwe Gold (ZiG). This initi...Published: 11 Apr 2024 at 18:31hrs | | by Staff reporter
'RBZ reserves inadequate'
New Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu talking to journalists at the central bank in Harare on Thursday during a handover takeover process from his predecessor John Mangudya ove...Published: 04 Apr 2024 at 21:16hrs | 98 | by Staff reporter
Zimbabwe central bank summons Bank CEOs
The Reserve Bank of Zimbabwe (RBZ) has summoned chief executives of key financial institutions, specifically banks, for a meeting tomorrow morning ahead of the much-anticipated launch of a new currenc...Published: 04 Apr 2024 at 10:29hrs | 1 | by Staff reporter
Zimbabwe politics is a rat race and the antagonists' trump cards are deception and betrayal
Zimbabwe's political system is not a caucus race but a rat race! Lewis Carroll in Alice in Wonderland explained what a caucus race is: "After swimming around in Alice's pool of tears...Published: 31 Mar 2024 at 16:29hrs | 10 | by Wilbert Mukori
Why Mnangagwa cut short Mangudya's Zimbabwe Reserve Bank stay
PRESIDENT Emmerson Mnangagwa was yesterday forced to retire Reserve Bank of Zimbabwe (RBZ) governor John Mangudya a month earlier to give his successor room to come up with fresh measures to stabilise...Published: 29 Mar 2024 at 04:52hrs | 13 | by Staff reporter
US issues fresh sanctions on Mnangagwa and 8 others, terminates 2003 curbs
The United States on Monday terminated a Zimbabwe sanctions programme and reimposed curbs on nine people and three entities, including President Emmerson Mnangagwa, over their involvement in corruptio...Published: 04 Mar 2024 at 18:33hrs | | by Staff reporter
3 die in NRZ crash
THREE National Railways of Zimbabwe workers perished following a fatal train accident which occurred between Mutare and Machipanda at around 9 pm last night.In a statement, the NRZ said prelim...Published: 20 Feb 2024 at 09:12hrs | | by Staff reporter
RBZ boss designate hits ground running
JOHN Mushayavanhu, the incoming governor of the Reserve Bank of Zimbabwe (RBZ), has already started contributing to the 2024 monetary policy statement (MPS), getting things going right away, Sta...Published: 18 Feb 2024 at 09:19hrs | 10 | by Staff reporter
Chamisa not forming new party
NELSON Chamisa, Zimbabwe's main opposition CCC leader who quit his party on Thursday in a huff after its descent into political turmoil due to recalls of MPs and other elected representatives by self-...Published: 29 Jan 2024 at 10:06hrs | 1 | by Staff reporter
Chamisa remains a formidable force in the court of public opinion
NELSON Chamisa has dumped the "bastardised" Citizens Coalition for Change (CCC), the party he helped to form two years ago.In an announcement on Thursday, Chamisa said he was walking away from...Published: 29 Jan 2024 at 07:43hrs | | by Staff reporter
CCC MPs left in limbo after Chamisa bombshell
OPPOSITION leader Nelson Chamisa's shocking decision to quit the CCC caught the party's parliamentarians, councillors and mayors flat-footed while causing widespread confusion and panic within the ran...Published: 29 Jan 2024 at 06:24hrs | | by Staff reporter
Chamisa surrenders hard-won political and democratic space
"THIS is to officially, and under my hand, inform you fellow citizens of Zimbabwe and the world, that, with immediate effect, I no longer have anything to do with CCC."With these words, Zimbab...Published: 29 Jan 2024 at 06:22hrs | 1 | by Staff reporter
Chamisa ends weeks of speculation
ZIMBABWE'S main opposition leader Nelson Chamisa yesterday finally abandoned the Citizens Coalition for Change (CCC) saying the party had been hijacked by Zanu-PF. Chamisa formed the CCC in 2022 after...Published: 26 Jan 2024 at 04:45hrs | | by Staff reporter
Chamisa drops a political bombshell
Zimbabwe's main opposition CCC leader Nelson Chamisa, who has given President Emmerson Mnangagwa a good run for his money in two tightly-contested and disputed presidential elections, has abandoned hi...Published: 25 Jan 2024 at 19:44hrs | | by Staff reporter
Beitbridge offers land for police bases
BEITBRIDGE municipality says it will provide land for the construction of police bases in its fast-growing residential suburbs.Town Clerk Loud Ramakgapola said this was part of the municipalit...Published: 25 Dec 2023 at 13:39hrs | 10 | by Staff reporter
Mnangagwa fends off election fraud claims
Zimbabwe's re-elected President Emmerson Mnangagwa suggested on Sunday that those people questioning the results of last week's election, which an opposition leader dismissed as a "gigantic fraud", ta...Published: 27 Aug 2023 at 23:01hrs | | 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 | | by Staff reporter
Zanu-PF will win resoundingly, party chair claims
Zanu-PF national chair Oppah Muchinguri-Kashiri has claimed the ruling party will win resoundingly in the August 23 harmonised elections as the party has done enough groundwork to win the hearts of th...Published: 22 Jul 2023 at 19:47hrs | 6 | by Staff reporter
Zimdollar shortage hits market
A serious shortage of Zimbabwe dollar has hit the market on fiscal and monetary policy measures amid fears the crunch will affect aggregate demand.The liquidity squeeze follows recent me...Published: 30 Jun 2023 at 16:08hrs | | by Staff reporter
Zimbabwe opposition party in shock Mnangagwa endorsement
Two weeks after criticising the government and the Zimbabwe Electoral Commission (ZEC) for setting excessive candidate nomination fees, the Zimbabwe Republicans Front (ZRF) endorsed President Emmerson...Published: 24 Jun 2023 at 17:34hrs | | by Staff reporter
Mthuli Ncube remains mum as Zimdollar crashes
FINANCE minister Mthuli Ncube's failure to update the nation on the state of the economy, despite several calls by legislators, shows the typical arrogance associated with Zanu-PF leaders when confron...Published: 22 Jun 2023 at 08:44hrs | 1 | by Staff reporter
Mnangagwa's cost-of-living nightmare terribly deepens
NINE weeks before Zimbabwe's general elections, President Emmerson Mnangagwa faces a moment of truth as the imploding economy plunges the country into its third hyperinflation in 15 years amid rising ...Published: 18 Jun 2023 at 15:15hrs | | by Staff reporter
Cowdray Park residents must reject Mthuli Ncube
IF there is a nation of people who can be easily taken for granted in the world, it is Zimbabwe.At most government events that have to do with development, it's either President Emmerson Mnang...Published: 16 Jun 2023 at 07:53hrs | | by Isaac Mupinyuri
Zimbabwe civil servants beg Mnangagwa
LEADERS of civil servants' unions under the banner of the Zimbabwe Confederation of Public Sector Trade Unions (ZCPSTU) on Tuesday met President Emmerson Mnangagwa at State House in Harare where they ...Published: 12 Jun 2023 at 06:45hrs | 1 | by Staff reporter
Mnangagwa at his weakest as polls draw closer
EXILED former Cabinet Minister Walter Mzembi has described low wages the government is paying civil servants as clear evidence of how evil the current regime is.Mzembi is living in South Afric...Published: 10 Jun 2023 at 17:52hrs | 1 | by Staff reporter
Chamisa blames Mnangagwa for soaring prices
CITIZENS Coalition for Change (CCC) President Nelson Chamisa has blamed President Emmerson Mnangagwa and Finance Minister Mthuli Ncube for Zimbabwe's runaway inflation that has seen prices of basics g...Published: 01 Jun 2023 at 06:56hrs | | by Staff reporter
Mthuli Ncube announces further measures to contain runaway inflation
FINANCE Minister Mthuli Ncube has announced a new series of measures to stabilise the economy amid hyperinflation fears.This comes barely two weeks after the Treasury boss scrapped duty on all...Published: 30 May 2023 at 06:53hrs | 2 | by Staff reporter
'Mthuli Ncube's shop raids a publicity stunt'
ECONOMISTS have described Finance minister Mthuli Ncube's weekend raids on retail shops to check on pricing of basic commodities as a publicity stunt after failing to tame the country's runaway inflat...Published: 30 May 2023 at 06:48hrs | 2 | by Staff reporter
ZCTU pours scorn on Mthuli Ncube's firefighting stunts
The Zimbabwe Congress of Trade Unions (ZCTU) has dismissed as futile, Finance Minister Mthuli Ncube's attempts to tame a recent price surge that has eroded incomes and brought restlessness within the ...Published: 16 May 2023 at 20:41hrs | | by Staff reporter
Parly summons Mthuli Ncube
PARLIAMENTARIANS have summoned Finance minister Mthuli Ncube to explain what measures he was implementing to tame inflation and stabilise the free-falling Zimdollar.The local currency, reintro...Published: 11 May 2023 at 05:32hrs | | by Staff reporter
Ncube frets over runaway forex rate
FINANCE minister Mthuli Ncube this week threatened to hike Zimbabwe's policy rate beyond 200%, if companies continue to dabble into parallel market activities.The Treasury chief, who spoke dur...Published: 28 Apr 2023 at 07:04hrs | | by Staff reporter
Zimbabwe govt to revise 2023 GDP growth upwards
FINANCE minister Mthuli Ncube yesterday said Zimbabwe's gross domestic product (GDP) growth prediction of 3,8% was understated because of improved agricultural performance.The government expec...Published: 27 Apr 2023 at 06:30hrs | | by Staff reporter
RBZ boss speaks on looming exit
The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says his top priorities are to leave behind a sound financial system, strong central bank, and stable prices as his two terms come to an end....Published: 16 Apr 2023 at 08:32hrs | | by Staff reporter
The Coming BRICS Summit: The ending of US worldwide domination
The Coming BRICS Summit: The ending of US worldwide dominationAn African PerspectivePart 1South Africa will host the 15th BRICS Summit from 22nd-24th August 2023, with the theme;...Published: 13 Apr 2023 at 18:50hrs | 4 | by Ian Beddowes
Zimbabwe's manufacturing capacity to hit 70% this year?
Capacity utilisation in the manufacturing sector is forecast to reach 70 percent this year, with production continuing to increase with more investment flowing into factories, according to the latest ...Published: 07 Apr 2023 at 09:10hrs | 1 | by Staff reporter
Mthuli Ncube set to retain post after election
Zimbabwean Finance Minister Mthuli Ncube secured the ruling party's endorsement to stand as a lawmaker in upcoming elections, a possible precursor to his reappointment in the next administration....Published: 30 Mar 2023 at 06:47hrs | 8 | by Staff reporter
Demand for Zimdollar still high
ZIMBABWE'S central bank says demand for the local currency remains high despite increased use of foreign currency across economic sectors.The country legalised the dual monetary system to tame...Published: 17 Mar 2023 at 18:59hrs | | by Staff reporter
ZBC workers demand US$ salaries, land
ZIMBABWE Broadcasting Corporation (ZBC) employees have appealed to government to pay half of their salaries in United States dollars to cushion them against the country's runaway inflation.ZBC...Published: 03 Feb 2023 at 07:07hrs | | by Staff Reporter
Headwinds ahead for Zanu-PF
NORTON Independent legislator Temba Mliswa remains a comical character but he is one you cannot afford to ignore.A rabble-rouser of note, he has been a thorn in the flesh of Zanu-PF ever since...Published: 21 Jan 2023 at 11:26hrs | | by Staff reporter
Chiwenga calls Zimbabwe hotels to order
VICE-PRESIDENT Constantino Chiwenga has warned operators in the hospitality industry against charging exorbitant rates which he said contributed to economic instability.Officially opening the ...Published: 02 Dec 2022 at 05:04hrs | | by Staff reporter
Zupco fare hike a harbinger of what lies ahead
THESE are, indeed, interesting times.The State-controlled Zimbabwe United Passenger Company (Zupco) last week hiked its fares as well as the exchange rate for all its routes. This increase com...Published: 08 Nov 2022 at 05:07hrs | | by Staff reporter
Zimbabwe's ailing economy troubles Zanu-PF
Zanu-PF remains worried by the state of the economy ahead of general elections next year, with ruling party officials believing economic hardships will present a big hurdle for the party's quest to wi...Published: 06 Nov 2022 at 11:49hrs | | by Staff reporter
Runaway truck crash at new Beitbridge border bus terminal
The Zimborders Consortium that is transforming the Beitbridge Border Post at a cost of US$300 million in partnership with the Government is working on improving public safety at the country's busiest ...Published: 17 Oct 2022 at 06:08hrs | | by Staff reporter
Scrap 2% tax, citizens tell Govt
Citizens have demanded that the 2% transaction tax be scrapped, saying it is a burden to the already financially hamstrung and over-taxed population.This came out on Monday during the 2023 pre...Published: 05 Oct 2022 at 06:37hrs | | by Staff reporter
'No easy road to recovery for Zimbabwe'
THE Zimbabwe National Chamber of Commerce (ZNCC) warned on Thursday that there would be no quick fix to the myriad of economic challenges afflicting the country.Zimbabwe is in the throes of an...Published: 30 Sep 2022 at 06:10hrs | 2 | by Staff reporter
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