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Zimbabwe pursues legal action over confiscated fire tenders in Lithuania
The Zimbabwean government is actively exploring all legal avenues, including international arbitration, to recover 17 fire tenders that were seized by Lithuania last year while being shipped from Bela...Published: 29 Sep 2024 at 11:25hrs | 264 | by Staff reporter
Transcript of 'Russia-Zimbabwe talks' between Putin and Mnangagwa
The penchant for frivolous bluster in Zimbabwe's public discourse has once again reared its ugly trappings after the widespread circulation on social media platforms of a 2.42-minutes video clip poste...Published: 10 Jun 2024 at 08:37hrs | 33 | by Jonathan Moyo
Mnangagwa hopeful Zimbabwe economy will turn around in 2024
President Emmerson Mnangagwa has predicted Zimbabwe's moribund economy will turn around this year following the recent discovery of oil and gas near the country's border with Mozambique and Zambia and...Published: 03 Jan 2024 at 05:31hrs | 17 | by Staff reporter
Commonwealth readmission a must for Zimbabwe
WE reported yesterday that Britain is pushing for Zimbabwe's readmission to the Commonwealth.President Emmerson Mnangagwa has been pushing for Zimbabwe's readmission to the club of nations und...Published: 28 Nov 2023 at 05:20hrs | 3 | by Staff reporter
Mining sector grows about 10%
The Zimbabwe Coalition on Debt and Development has said the latest ZimStat statistics show that the mining sector grew by 10.5% in 2022, up from 5.9% in 2...Published: 25 Jul 2023 at 17:13hrs | 17 | by Stephen Jakes
Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023
Zimbabwe Coalition on Debt and Development has said Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023, with the local currency losing over 55% of its value in both...Published: 25 Jul 2023 at 12:42hrs | 17 | by Stephen Jakes
Africa: Embattling a Continent
When the IMF goes to warSo the International Monetary Fund (IMF) staff has decided to grant Ukraine some whooping USD15,6 billion?Ukraine is at war with Russia.A war funded and...Published: 25 Mar 2023 at 12:59hrs | 3 | by Jamwanda2 on Saturday
Zimbabwe abstains from unbinding UN vote over Russia/Ukraine war
ZIMBABWE is among the 32 countries that abstained from voting in the United Nations General Assembly (UNGA) resolution for Russia to withdraw from Ukraine on Thursday. Since the invasion of Ru...Published: 25 Feb 2023 at 07:04hrs | 1 | by Staff reporter
Zera shifts to monthly fuel price updates
THE Zimbabwe Energy and Regulatory Authority (Zera) will, going forward, be issuing monthly fuel price updates from weekly so as to ensure stability over a long period of time.Since May last y...Published: 10 Feb 2023 at 19:39hrs | 1 | by Staff reporter
Lukashenko joins Zimbabwe lithium rush
BELARUSIAN President Alexander Lukashenko this week travelled 7 982 kilometres, the distance by air from his capital Minsk to Harare, in his first sub-Saharan visit to meet President Emmerson Mnangagw...Published: 04 Feb 2023 at 20:17hrs | 2 | 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 | 164 | by Staff Reporter
Harare backs Moscow
WINDS of a renewed Cold War between the United States and Russia - thunderously manifesting itself in Ukraine through iron and blood - swept across the southern African region this week as Russian For...Published: 02 Feb 2023 at 19:07hrs | 3 | by Staff reporter
Biden's US$55 billion fails to entice African countries to ditch Russia
FRESH from the US-Africa Summit in Washington DC, with a US$55 billion financial package over the next three years, African leaders from the region find themselves confronted with a reality check of a...Published: 21 Dec 2022 at 20:09hrs | 5 | by Staff reporter
Minister allays bread shortage fears
HIGHER and Tertiary Education minister Amon Murwira says the country will not experience wheat and bread shortages because it has 13 months wheat supply, signifying a good wheat harvest.Respon...Published: 14 Dec 2022 at 06:36hrs | 14 | by Staff reporter
Russia-Ukraine war exposes Zimbabweans
A new report shows that over 89 000 Zimbabweans have migrated to seek opportunities in other places within and outside the country between August and September this year with food insecurity due ...Published: 03 Dec 2022 at 09:11hrs | | by Staff reporter
Zimbabwe Foreign Affairs budget won't last 6 months
THE Foreign Affairs ministry has decried the low budgetary allocation it received in the 2023 National Budget saying it is inadequate to meet challenges faced by the country's embassies.Foreig...Published: 01 Dec 2022 at 05:00hrs | 1 | by Staff reporter
Mthuli Ncube raises VAT, restores duty on basics
Finance minister Mthuli Ncube unveiled his 2023 budget on Thursday, raising value added tax (VAT) in a move the main opposition Citizens Coalition for Change (CCC) described as "an attack on working p...Published: 25 Nov 2022 at 05:21hrs | 1 | by Staff reporter
Sanctions illusion as Sadc babysits Zimbabwe
Last week was full of the usual drama with several marches and gatherings condemning the West and calling for it to lift sanctions. This comes after the Southern African Development Community (Sadc) d...Published: 31 Oct 2022 at 04:54hrs | 3 | by Tapiwa Gomo
Where is Generation Z age group born 2000-2004? The missing '1.5 million voters'
More than 1.5 million people turn18 since the last general election, and these youngest eligible Generation Z (Gen Z), Gen Zers or Zoomers form a diverse, active, and potentially decisive voting bloc ...Published: 02 Sep 2022 at 06:48hrs | 7 | by Farai Chirimumimba
Mnangagwa tells profiteers to play fair,
PRESIDENT Mnangagwa yesterday reiterated the need to adopt fair business practices and urged economic stakeholders to rally behind the country's transformation agenda and leave a legacy of positive im...Published: 13 Aug 2022 at 07:23hrs | 1 | by Staff reporter
Mnangagwa's hectic schedule
PRESIDENT Mnangagwa will today lead key proceedings in a double hectic schedule in the resort city of Victoria Falls where he is set to officially open the End of Term Judges Symposium this morning an...Published: 12 Aug 2022 at 06:34hrs | | by Staff reporter
Mnangagwa laments banking sector rot
GOVERNMENT's recent adoption of tough economic measures is in response to mischievous behaviour by some economic players and syndicates who are bent on sabotaging the economic transformation achieved ...Published: 16 Jul 2022 at 10:29hrs | 11 | by Staff reporter
British buyers seek Zimbabwean coal to plug energy supply gaps
British energy users are seeking off-take agreements to purchase coal from a project in Zimbabwe as the Russia-Ukraine war prompts a search for alternative supplies.The coal mining company Con...Published: 07 Jul 2022 at 20:42hrs | | by Staff reporter
Zimbabwe fuel imports drop sharply
Zimbabweans have been forced to cut on fuel spending owing to the rolling increases of the product after global petroleum prices spiked because of the Russia-Ukraine war.Statistics from the Zi...Published: 12 Jun 2022 at 09:18hrs | 9 | by Staff reporter
Harare ranks 4th expensive African city
HARARE has been ranked the fourth most expensive African city to live in out of 15 sampled cities, as authorities accuse businesses of conniving to push up the cost of living.This is according...Published: 11 Jun 2022 at 09:09hrs | 10 | by Staff reporter
Price of bread skyrockets again in Zimbabwe
A standard loaf of bread now costs $640, up from $450, or US$2.10 using the foreign exchange auction rate, piling more misery on Zimbabweans grappling with price hikes.During the inclusive gov...Published: 05 Jun 2022 at 09:16hrs | 35 | by Staff reporter
Zimbabwe: Class IN itself versus Class FOR itself
US goose versus NED ganderTHERE is always more to write about than there is space to publish. Last week I had to drop two key matters, to allow myself to address in extenso what I sought to ra...Published: 21 May 2022 at 17:53hrs | 2 | by Staff reporter
Basic goods disappear from shelves in Zimbabwe
SOME basic commodities such as cooking oil have virtually disappeared from shop shelves as the monthly food basket shot to $120 000.The Consumer Council of Zimbabwe (CCZ) yesterday said a fami...Published: 20 May 2022 at 06:31hrs | 1 | by Staff reporter
'Mnangagwa lied to diplomats'
THE United Kingdom government is plotting tougher sanctions against President Emmerson Mnangagwa's administration, arguing the measures put in place have failed to nudge Harare towards reform, hence t...Published: 18 May 2022 at 18:48hrs | 16 | by Staff reporter
Govt cracks down on speculators
GOVERNMENT is clamping down on big corporates, which borrowed billions of Zimbabwe dollars and used the money for speculative activities while taking advantage of exchange rate movements to push up pr...Published: 13 May 2022 at 19:02hrs | 5 | by Staff reporter
Zimbabwe to miss 2022 GDP forecast
ZIMBABWE will most likely miss its 5,5% gross domestic product (GDP) forecast due to prolonged hyper-inflationary conditions as the country's local currency continues to tumble against the United Stat...Published: 11 May 2022 at 09:12hrs | 1 | by Staff reporter
Dollar o'clock: Should Zimbabwe axe its faltering currency again?
IN early 2019, Zimbabwe's central bank announced plans to bring back the Zimbabwe dollar as legal tender after a decade of using the US dollar and seven other international currencies because raging h...Published: 11 May 2022 at 09:11hrs | 1 | by Staff reporter
'Cartels controlling Zimbabwe fuel sector'
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has alleged that the country's fuel sector is run by cartels that are manipulating fuel prices.In its weekly review on socio-economic d...Published: 28 Apr 2022 at 09:04hrs | 1 | by Staff reporter
Zimbabwe's resurgent inflation pushes cost of living up
RESURGENT inflationary pressures have pushed the cost of living up with monthly inflation gaining 9,2 percentage points to 15,5 percent this month, according to the Zimbabwe National Statistics Agency...Published: 28 Apr 2022 at 08:58hrs | | by Staff reporter
Zera's continued excessive fuel price increases worry Zimcodd
The Zimbabwe Coalition on Debt and Development (Zimcodd) has expressed worry over the continued excessive increase of fuel price by the Zimbabwe Energy Regulatory Authority (Zera).The worry ca...Published: 27 Apr 2022 at 08:06hrs | 12 | by Stephen Jakes
Zimbabwe facing food crisis, says WFP
THE World Food Programme (WFP) has warned of an impending food crisis in the country after global and regional food prices spiked upwards following Russia's invasion of Ukraine.WFP said most h...Published: 20 Apr 2022 at 08:07hrs | | by Staff reporter
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 12 Apr 2022 at 16:50hrs | 3 | by Victor Bhoroma
Prices in Zimbabwe run riot!
THE economic malaise has deepened in recent weeks as the cost of living is spiralling out of control with prices soaring by about 30% during the first week of April. This has plunged households into e...Published: 08 Apr 2022 at 08:22hrs | 2 | by Staff reporter
Printing $100 note an admission of failure
THE Reserve Bank of Zimbabwe (RBZ) this week announced that they will issue a new $100 bank note, amid fears that the bill could stoke inflation in an economy already battered by exchange rate volatil...Published: 08 Apr 2022 at 06:47hrs | | by Staff reporter
All Zimbabweans must benefit from mineral Resources: Zimcodd
THE Zimbabwe Coalition of Debt and Development has reported that in the week under review, Zimbabwe registered a big milestone in the mining of Platinum Group Minerals (PGMs) with the addition o...Published: 07 Apr 2022 at 11:08hrs | 1 | by Stephen Jakes
Biden's hatred of Russia a liability to US taxpayers, democracy
United States President Joe Biden's obsession with anti-Russian sentiment is underpinned by his greed, his desire to cover up for his brazen corruption in Ukraine and the madness to dominate the world...Published: 07 Apr 2022 at 06:33hrs | 2 | by WETT
IMF notes show no appetite for reform
The Executive Board of the International Monetary Fund (IMF) concluded its Article IV Consultation with Zimbabwe on 21 March 2022. The press release noted that real Gross Domestic Product (GDP) rose b...Published: 01 Apr 2022 at 12:34hrs | 2 | by Victor Bhoroma
Mthuli Ncube's economic projections unrealistic
ECONOMIC analysts have dismissed Finance minister Mthuli Ncube's inflation and economic growth forecasts as unrealistic as they did not factor in the rising global oil crisis and the country's gallopi...Published: 25 Mar 2022 at 06:03hrs | 1 | by Staff reporter
Zimbabwe calls for end to Russia-Ukraine war
ZIMBABWE yesterday called for dialogue to end the Russia-Ukraine war which began on February 24.The country called for dialogue during the ongoing Inter-Parliamentary Union (IPU) in Bali, Indo...Published: 23 Mar 2022 at 05:33hrs | 1 | by Staff reporter
Gweru bouncer hangs self
THE Zimbabwe Energy Regulatory Authority (Zera) has reviewed downwards the price of fuel in line with the prevailing international oil prices.The move brings relief to motorists who have exper...Published: 22 Mar 2022 at 05:44hrs | 1 | by Staff reporter
Mthuli Ncube rules out US$ dollar payment to farmers
FINANCE minister Mthuli Ncube has ruled out paying farmers in United States dollars for maize deliveries, but said there were exceptions for those growing export-oriented cropsThere are wider ...Published: 18 Mar 2022 at 05:38hrs | 9 | by Staf reporter
Mining sector key to Zim economy: Zimcodd
The mining sector is a key sector for Zimbabwe as it contributes about 60% to annual export receipts and at least 14% to Gross Domestic Product (GDP).This was revealed by the Zimbabwe Coalitio...Published: 16 Mar 2022 at 11:30hrs | 164 | by Stephen Jakes
Russia-Ukraine war and the Zimbabwe daily bread
The current Russia military onslaught will not only destroy lives and infrastructure in Ukraine, but also bring unprecedented food insecurity and social upheavals to the rest of the world. This will d...Published: 15 Mar 2022 at 15:09hrs | 1 | by Tafadzwa Musarara
War in Ukraine is wrong so is sanctioning Russia
The war in Ukraine continues to rage causing civilian casualties and massive population displacement. The North Atlantic Treaty Organisation (Nato) and the European Union remain on the sidelines feari...Published: 14 Mar 2022 at 05:35hrs | 2 | by Tapiwa Gomo
Russia-Ukraine war: Zimbabwe braces for severe crisis
ZIMBABWE should brace for more price hikes of basic commodities and debilitating fuel hikes in the wake of the Russia-Ukraine war with observers this week warning the situation in the country may get ...Published: 11 Mar 2022 at 18:16hrs | 3 | by Staff reporter
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