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Afreximbank grants Zimbabwe interbank forex trade loan
Cairo-based Africa Export and Import Bank (Afreximbank) has extended an undisclosed amount in lines of credit to Zimbabwe's interbank foreign exchange trading to stabilise the forex supply...Published: 14 hrs ago | 2027 | by Staff reporter
Search on for missing persons
GOVERNMENT is leaving no stone unturned to ensure that all those who succumbed to Cyclone Idai are given decent burials, with those tasked with the mission to rebury the bodies walking for more than 2...Published: 23 Mar 2019 at 05:47hrs | 1682 | by Staff reporter
Fixing Zimbabwe's broken reputation chain
The Economist Intelligence Unit's livability survey 2018, pitches Harare, in Zimbabwe, in the 10 least "livable" in the world out of the 140-city sample.Harare is ranked number 135, only eclip...Published: 22 Mar 2019 at 07:02hrs | 222 | by Staff reporter
Chamisa blames Mnangagwa over cyclone deaths
Opposition leader Nelson Chamisa believes that government could have prevented the loss of lives in Manicaland and Masvingo if it had evacuated people well before these areas were hit by Tropical Cycl...Published: 21 Mar 2019 at 19:17hrs | 4437 | by Staff reporter
Chamisa opens up on his visit to Manicaland
MDC leader Nelson Chamisa has saluted Zimbabweans for the unity and sacrifice they exhibited in reacting to Cyclone Idai that left a trail of destruction in Manicaland Province.Chamisa was spe...Published: 20 Mar 2019 at 19:50hrs | 8365 | by Mandla Ndlovu
'Cyclone victims being buried in mass graves'
RESCUE efforts continued yesterday in the Cyclone Idai-ravaged Chimanimani and Chipinge districts amid reports that some people who died in the disaster could have been buried in mass graves, although...Published: 20 Mar 2019 at 09:41hrs | 2679 | by Staff reporter
Gugu Ncube drama: Unisa employee cleared of sexual assault
The University of South Africa (Unisa) says one of its employees has been cleared of wrongdoing following a woman's claims that he asked her to perform sexual favours so she could keep her job at the ...Published: 19 Mar 2019 at 09:52hrs | 3566 | by News24
Chamisa calls for international help
Movement for Democratic Change leader Nelson Chamisa on Monday saw first hand the devastation caused by Cyclone Idai in Chimanimani, Manicaland Province, and vowed to rally international help for thou...Published: 19 Mar 2019 at 09:45hrs | 5109 | by ZimLive
'Interbank market won't be manipulated'
Mechanisms have been put in place to ensure that the foreign currency interbank market will not be manipulated, Finance and Economic Development Minister Professor Mthuli Ncube has said. This ...Published: 19 Mar 2019 at 06:25hrs | 331 | by Staff reporter
ZANU PF proposes to give away platinum to foreign Capitalists
In 1991, the Zimbabwean economy took its first major dive with the adoption of the IMF/World bank neo-liberal "Economic Structural Adjustment Programme" (ESAP). In Zimbabwe, this process was headed by...Published: 18 Mar 2019 at 10:06hrs | 1418 | by ZCP
Mudzuri takes aim at Chamisa
MDC vice-president Elias Mudzuri has given the clearest indication yet that he will challenge the main opposition party's leader Nelson Chamisa at the party's congress in May.Mudzuri (EM) (pic...Published: 17 Mar 2019 at 14:44hrs | 4824 | by Staff reporter
145 school girls in daring protest
Even calls to be wary of the ravaging Cyclone Idai, whose effects have since been felt in Mashonaland East, could not deter the 145 girls at Zimbabwe's top school, Monte Cassino High, from executing t...Published: 17 Mar 2019 at 08:53hrs | 1975 | by Staff reporter
Why Zimbabwe is on the path to progress
Zimbabwe is on a journey of reform. Nobody ever said it wouldn't be a bumpy ride; but the most important thing is that the journey has begun, and we are heading in the right direction.The Tran...Published: 17 Mar 2019 at 08:45hrs | 549 | by Mthuli Ncube
Mnangagwa bullish on TelOne future prospects
The professionalism of TelOne's management, including their determined push to turnaround the State-owned enterprise (SOE), will likely be a drawcard for reputable technical partners or suitors, Presi...Published: 17 Mar 2019 at 08:30hrs | 380 | by Staff rpeorter
Cyclone Idai hits Chipinge
Tropical Cyclone Idai has reached Chipinge and some parts of Manicaland province with residents now extremely cautious over their safety as heavy rains and strong winds have been menacing the area....Published: 16 Mar 2019 at 16:20hrs | 2034 | by Staff reporter
Mnangagwa demands more money in sport
President Emmerson Mnangagwa has called on both his government and the private sector to inject more resources to support sport.Mnangagwa was addressing youths at a symposium where he called u...Published: 16 Mar 2019 at 05:12hrs | 1122 | by Staff reporter
Mnangagwa's PR bid a futile exercise, say analysts
THE decision by President Emmerson Mnangagwa's government to employ a public relations consultancy firm to lobby for the scrapping of United States sanctions is futile as the real solution lies in imp...Published: 15 Mar 2019 at 17:13hrs | 705 | by Staff reporter
Non-performing parastatals warned
President Mnangagwa has warned parastatals that continue to under-perform despite Government support saying days of perennial poor performances and failure to complete projects they would have embarke...Published: 15 Mar 2019 at 05:55hrs | 371 | by Staff reporter
Zimbabwe - Botswana seek to fast-track $600m railway project
The just-ended Zimbabwe Botswana Bi-national Commission promises to bear fruit for the SADC regional integration agenda as a railway line linking Zimbabwe, Botswana and Mozambique emerged as one of th...Published: 13 Mar 2019 at 08:26hrs | 1994 | by Staff reporter
Zimbabwe industry appeals to govt to put in place import controls
ZIMBABWE'S industry has appealed to government to put in place import controls to protect local companies.At a meeting organised by the Ministry of Industry and Commerce in Bulawayo last week,...Published: 11 Mar 2019 at 07:09hrs | 248 | by Staff reporter
Harare water-rationing stokes cholera fears
Harare City Council says it is limiting running water to two days a week due to a drier-than-normal rainy season as criticism mounted over the move.The aim of water-rationing is to help distri...Published: 10 Mar 2019 at 08:39hrs | 156 | by VOA
Insurance companies, Peoples Savings, Fixed income earners at Risk due to unstable economy.
Zimbabwe financial system is still in a disarray despite the measures unpacked in the monetary policy statement of the first half of year 2019 with Dr Mangudya on 19 February. The economy is continuou...Published: 10 Mar 2019 at 07:04hrs | 391 | by Elvis Dzvene
Corruption encompasses the misuse of public office for private gains
CORRUPTION is generally defined as any form of abuse of public office for private gain. The word "corruption" is a linguistic derivative of the Latin word "corrumpere" which literally translated would...Published: 05 Mar 2019 at 23:04hrs | 889 | by Prosper Munyedza
Econet addresses network challenges
Econet Wireless has attributed the challenges experienced across its network on Monday to serious network fault in Masvingo. In a statement released last night, the mobile giant said the fault...Published: 05 Mar 2019 at 22:35hrs | 1104 | by Staff reporter
'Zimbabwe land a dead asset,' says Mthuli Ncube
Zimbabwe's controversial land reform programme, which left most of its land without collateral value has meant the country is now carrying a dead asset, its Finance and Economic Development Minister M...Published: 04 Mar 2019 at 07:54hrs | 6246 | by Staff reporter
Mthuli Ncube tightens belt on spending
Government will operate below statutory requirements in borrowing from the Reserve Bank of Zimbabwe (RBZ) as it enhances its belt-tightening strategies in line with austerity measures announced in the...Published: 03 Mar 2019 at 01:28hrs | 1542 | by Staff reporter
Zimbabwe prophets under spotlight
The shocking video of a popular South African pastor, Alph Lukau, ostensibly bringing a "dead" Zimbabwean man back to life during a church service in Johannesburg, has reignited intense debate about t...Published: 27 Feb 2019 at 14:26hrs | 1358 | by Staff reporter
Econet adjusts roaming, international tariffs
LEADING telecommunications company, Econet Wireless Zimbabwe, has announced an increase of between 10 and 40 percent in tariffs for roaming, international outbound calling and SMS services effective y...Published: 27 Feb 2019 at 06:31hrs | 511 | by Staff reporter
Mugabe's minister in trouble over debt
A local bank has dragged former deputy minister of Mines and Mining Development Fred Moyo to court over a $700 000 debt owed to the financial institution.According to an application filed at t...Published: 26 Feb 2019 at 13:21hrs | 1129 | by Staff reporter
Zesn worried over turned away voters
INDEPENDENT elections watchdog, the Zimbabwe Elections Support Network (Zesn) has urged the Zimbabwe Electoral Commission (Zec) to step up voter education campaigns in view of the high number of voter...Published: 26 Feb 2019 at 06:59hrs | 374 | by Staff reporter
Monetary policy statement, an admission of failure
On February 20, Reserve Bank of Zimbabwe governor, John Mangudya, issued his monetary statement which contained both admissions of failure in the economy and a topsy-turvy aspiration for an immediate ...Published: 25 Feb 2019 at 08:25hrs | 2592 | by Tapiwa Gomo
Is it 'Democrazy' or 'Democracy' in the Movement for Change?
The council vacancy in Bulawayo's Ward 28 presented us with yet another opportunity to see how Zimbabwe's political space is not about elimination of medieval politics, but a contest of violent hegemo...Published: 24 Feb 2019 at 06:43hrs | 300 | by Michael Mhlanga
Boarding school life - past, present
BEFORE deeply exploring themes in the play, I think it is quite safe to say that the playwright Chinodya covers various themes in the text. The theme of boarding school life is proffered to conscienti...Published: 24 Feb 2019 at 06:42hrs | 422 | by Charles Dube
Mugabeism must be dismantled
YESTERDAY Zimbabweans commemorated, or simply just observed, former president Robert Mugabe's birthday which has now been institutionalised into a national holiday, even though the majority might have...Published: 22 Feb 2019 at 09:16hrs | 515 | by Dumisani Muleya
'US$ remains Zimbabwe's base currency for trading'
THE Zimbabwe Coalition on Debt and Development (Zimcodd) says the United States dollar will remain the base currency for trading purposes in Zimbabwe because businesses prefer trading in a stable curr...Published: 22 Feb 2019 at 09:03hrs | 385 | by Staff reporter
Mthuli Ncube declares war on inflation
Finance and Economic Development Minister Professor Mthuli Ncube says Government will continue to implement appropriate fiscal measures to bring inflation down to single-digit levels by year end. ...Published: 21 Feb 2019 at 22:50hrs | 5418 | by Staff reporter
Eddie Cross hails Monetary Policy Statement
ECONOMIST and former MDC legislator Mr Eddie Cross has hailed the 2019 Reserve Bank of Zimbabwe (RBZ) Monetary Policy Statement and believes it will play a major role in stabilising the pricing system...Published: 21 Feb 2019 at 22:32hrs | 2833 | by Staff reporter
Monetary policy, a huge leap towards safety
The Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, yesterday took a huge positive leap towards healing the ailing economy when he devalued the bond note during his Monetary Policy Statement (...Published: 21 Feb 2019 at 21:02hrs | 581 | by Staff reporter
Mthuli Ncube says Zimbabwe's inflation rate is being misread
Finance Minister Mthuli Ncube has said the country’s inflation rate, which surged to the highest annual level since a hyperinflation blowout a decade ago, is being misread and the measure of monthly...Published: 21 Feb 2019 at 17:10hrs | 5162 | by Bloomberg
For economy to take off, we must take air out of inflation
What is inflation and why must we get it under control? What has been going wrong, and how are we putting things right? As an Economics Professor, its important I first explain the basics. In ...Published: 20 Feb 2019 at 23:22hrs | 1496 | by Prof Mthuli Ncube
The current monetary policy review will worsen current fiscal imbalances
Background and Review It was trajectory, forex premiums is hurting Zimbabweans and hostile to business environment. FCA accounts have yielded positive r...Published: 20 Feb 2019 at 17:25hrs | 4130 | by Tinashe Eric Muzamhindo
Teachers sharpen knives over better pay
The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has announced that it is escalating its fight for its members after the employer has failed to meet the demands that were requested."Th...Published: 20 Feb 2019 at 09:25hrs | 1212 | by Mandla Ndlovu
African religion comprises of witches, satanists, spiritualists, spirit mediums
African religion comprises of witches, satanists, spiritualists, spirit mediums, healers, kings and queens. While Christianity remains as that or those institutions preaching, teaching and prophesying...Published: 18 Feb 2019 at 14:50hrs | 2991 | by Reginald Thabani Gola
Farewell Dr. Charles Muzuva Mungoshi
As I did farewell our champion, hero, mind liberator and academic warrior, I must admit that we have been left with a seat too high to occupy and a bar not that easy to reach. We shall write but the s...Published: 18 Feb 2019 at 11:00hrs | 842 | by Tapiwa Kapurura
Mnangagwa targets rights lawyers, doctors
CIVIC society groups and opposition parties yesterday described President Emmerson Mnangagwa's threatened clampdown on last month's human rights defenders as shocking and a direct attack on democracy,...Published: 18 Feb 2019 at 07:23hrs | 1203 | by Staff reporter
Black market forex rates fairly stable since January
BLACK market foreign currency exchange rates have remained fairly stable for almost two months with dealers attributing the trend to a reduction in demand.A random assessment by NewZimbabwe.co...Published: 18 Feb 2019 at 07:14hrs | 2332 | by newzimbabwe
Zimbabwe's January inflation hits 10,75%
The month on month inflation rate in January 2019 was 10,75 percent gaining 1,72 percentage points on the December 2018 rate of 9,03 percent. This means that prices of goods and services as me...Published: 18 Feb 2019 at 06:28hrs | 150 | by Staff reporter
Nuggets from the men's conference
I just sneaked out of a boot-camp for that boy-thrill, the urge to break a cardinal rule: What happens at the men's conference stays at the men's conference! The thrifty snitch in me couldn't resist t...Published: 17 Feb 2019 at 08:07hrs | 382 | by Zifiso Masiye
How cryptocurrencies can rescue Zimbabwe
On September 17, 2018 media houses were abuzz with the news that the then newly appointed Finance minister Mthuli Ncube was considering cryptocurrencies as an option for Zimbabwe's economic turnaround...Published: 17 Feb 2019 at 08:00hrs | 963 | by Masotsha Charles Matlobo
'Mnangagwa invite a step in right direction'
PRESIDENT Mnangagwa recently held a meeting with leaders of political parties in the country to lay the foundation for dialogue. Here, The Herald Senior Reporter Tendai Mugabe (TM) speaks to MDC leade...Published: 17 Feb 2019 at 07:53hrs | 241 | by Staff reporter
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