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Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 29 Jun 2022 at 07:42hrs | 551 | by Staff reporter
Fears expressed over Zimbabwe Extension Permit cancellation
Zimbabwean expatriates are scrambling to apply for a visa to continue living in South Africa after their Zimbabwe Extension Permits (ZEP) expired in December.If they are unsuccessful, in some ...Published: 28 Jun 2022 at 09:02hrs | 2770 | by Staff reporter
Zimbabwe to import maize from Zambia, Malawi to plug grain shortfall
Zimbabwe will import maize from neighboring Zambia and Malawi and wheat from cheaper source markets to avert shortages and price increases, Finance Minister Mthuli Ncube said Monday.Addressing...Published: 28 Jun 2022 at 07:27hrs | 327 | by Staff reporter
Mnangagwa ally creams off US$60m from broke Zimbabwe municipalities
PRESIDENT Emmerson Mnangagwa's Belarus ally is set to pocket over US$62 million if the murky deal that will see over 63 rural district councils, 32 urban local authorities and metropolitan provinces p...Published: 25 Jun 2022 at 19:04hrs | 537 | by Staff reporter
UK parliament questions recruitment of nurses from poor countries
THE British House of Lords has questioned the move by the country's National Health Services (NHS) to continue recruiting nurses from countries recording shortages in their own healthcare systems....Published: 24 Jun 2022 at 08:16hrs | 1169 | by Staff reporter
PPC downbeat as inflation shakes Zimbabwe
JOHANNESBURG Stock Exchange (JSE)-listed Pan African cement maker, PPC has said its earnings per share (EPS) from the Zimbabwean operations would be undermined by rocketing inflation.Ahead of ...Published: 24 Jun 2022 at 07:41hrs | 645 | by Staff reporter
Parly probes companies refusing local currency
PARLIAMENT will soon institute urgent investigations into manufacturers and wholesalers that are not accepting local currency as a means of payment for basic commodities despite obtaining foreign curr...Published: 22 Jun 2022 at 06:40hrs | 238 | by Staff reporter
Zanu-PF supporters corner ministers, RBZ over failure
Zanu-PF supporters have strongly warned the party of impending electoral defeat in the 2023 general election and accused some of President Emmerson Mnangagwa's deployees in government, particularly Fi...Published: 21 Jun 2022 at 15:24hrs | 974 | by Staff reporter
NatPharm fails to supply drugs
GOVERNMENT-RUN National Pharmaceutical Company (NatPharm) is reportedly struggling to meet demand for drugs at public health institutions, resulting in acute shortages of critical medicines across the...Published: 21 Jun 2022 at 06:40hrs | 181 | by Staff reporter
Zimbabwe makes huge strides taken towards ending power cuts
IN what would be a major boost to the country's industrialisation and modernisation journey, Hwange Thermal Power Station Units 7 and 8 are almost complete with 88,29 percent of work having been done ...Published: 21 Jun 2022 at 06:37hrs | 221 | by Staff reporter
Zimbabwe's central bank moves to control price of bread
Zimbabwe's central bank said Monday that the price of bread will go down after it held talks with an association of bakers.Governor John Mangudya said bakers had complained over lack of access...Published: 20 Jun 2022 at 18:56hrs | 1021 | by Staff reporter
Gweru charges bills in USD
GWERU City Council (GCC) has with immediate effect, begun to charge rentals and bills in United States dollars.The bills will be payable at the prevailing interbank rate.Ratepayers owe...Published: 20 Jun 2022 at 06:40hrs | 318 | by Staff reporter
'Ageing infrastructure to blame Gweru water challenges'
GWERU town clerk Vakai Chikwekwe says the city's ageing reticulation infrastructure is to blame for the intermittent water shortages facing residents.Chikwekwe said council had bought new wate...Published: 18 Jun 2022 at 07:30hrs | 115 | by Staff reporter
Low to middle-income housing project takes off from Bulawayo
BULAWAYO yesterday witnessed the official launch of a US$11 million housing project that will result in the construction of thousands of low-cost housing units in selected parts of the country with th...Published: 18 Jun 2022 at 07:26hrs | 521 | by Staff reporter
Russia hits back at US
RUSSIA has allayed fears its ongoing onslaught on Ukraine will plunge the world into acute commodity shortages due to delays in shipments as a result of the conflict, the Zimbabwe Independent has repo...Published: 17 Jun 2022 at 08:58hrs | 1985 | by Staff reporter
Hospitals turn away pregnant women
PUBLIC hospitals are reportedly turning away pregnant women due to lack of sundries needed for childbirth.The dire state of the country's health delivery system has prompted nurses to call for...Published: 16 Jun 2022 at 08:30hrs | 609 | by Staff reporter
Zimbabwe has enough maize claims Govt
GOVERNMENT yesterday insisted that the country had enough grain stocks amid fears of looming shortages.Government has also maintained that the Grain Marketing Board (GMB) remains the sole buye...Published: 15 Jun 2022 at 07:38hrs | 260 | by Staff reporter
Centenary Park gets facelift
THE Bulawayo City Council, in partnership with various organisations, is rehabiliting the iconic Centenary Park following complaints by residents' associations that the recreational facility was falli...Published: 14 Jun 2022 at 06:42hrs | 591 | by Staff reporter
Zimbabweans hoard goods to escape price rage
BASIC commodity shortages have returned to haunt consumers, prompting them to hoard goods to escape a devastating price rage, it has emerged.A significant part of hoarded goods have ended up o...Published: 14 Jun 2022 at 06:39hrs | 318 | by Staff reporter
RBZ shifts blame to companies
THE Reserve Bank of Zimbabwe (RBZ) says a relentless depreciation of the domestic currency experienced in the past few months has been triggered by excessive currency manipulation by firms pursuing "s...Published: 12 Jun 2022 at 09:21hrs | 3288 | by Staff reporter
Zimbabwe banks letting down farmers
FORMER Agricultural and Rural Development Authority (Arda) board chairperson Basil Nyabadza says Zimbabwe's agricultural financing needs an overhaul because banks and other financial institutions were...Published: 11 Jun 2022 at 10:01hrs | 606 | by Staff reporter
'Zimbabwe to become a supermarket of imports'
GOVERNMENT'S decision to suspend duty on imports of selected basic commodities such as rice, flour and cooking oil for six months will cripple the country's already ailing economy and industries, loca...Published: 11 Jun 2022 at 09:33hrs | 1319 | by Staff reporter
US threatens Zimbabwe over Russian ties
AS Africa reels from the catastrophic effects of Russia's invasion of Ukraine marked by acute food and commodity shortages, the United States (US) has issued a stark warning of the prolonged consequen...Published: 11 Jun 2022 at 09:31hrs | 10505 | by Staff reporter
Zimbabwe trade deficit hits US$34bn as industrialisation flops
ZIMBABWE has since 2002 accumulated a trade deficit of more than US$34 billion, a clear indication that the country's industrialisation-led import-substitution programmes have failed, new data show....Published: 11 Jun 2022 at 09:31hrs | 338 | by Staff reporter
Mnangagwa's govt admits to acute teacher shortages
ZIMBABWE has a shortage of 25 000 teachers, but only 5 000 will be recruited this year, leaving a shortfall of 20 000 educators.In a statement, Primary and Secondary Education minister Evelyn ...Published: 11 Jun 2022 at 09:12hrs | 138 | by Staff reporter
Malawi opposition seeks to block US$22m sale of maize to Zimbabwe
LEADER of the opposition in Malawi's Parliament Kondwani Nankumwa has written to that country's president, Lazarus Chakwera, urging him to intervene and stop the sale of maize to neighbouring Zimbabwe...Published: 10 Jun 2022 at 08:05hrs | 1188 | by Staff reporter
Mnangagwa admits price hike crisis
PRESIDENT Emmerson Mnangagwa admitted that the country is experiencing a food price hike crisis, but blamed it on saboteurs and supply chain monopolies.Addressing scores of Zanu-PF supporters ...Published: 10 Jun 2022 at 08:05hrs | 5354 | by Staff reporter
Price of bread to humble Mnangagwa
PRESIDENT Emmerson Mnangagwa's new dispensation should always play a track from Simon "Chopper" Chimbetu's album Survival - it is informative and educative.This is a well-choreographed song wh...Published: 09 Jun 2022 at 06:43hrs | 1769 | by Leonard Koni
Gwanda mine raises US$8 million from Victoria Falls bourse
WITH only six months after officially listing on the Victoria Falls Stock Exchange (VFEX), Jersey domiciled gold producer, Caledonia Mining Corporation, which operates Blanket Mine in Gwanda, says the...Published: 09 Jun 2022 at 06:37hrs | 254 | by Staff reporter
'There is no reason for bread shortage' Musarara
Grain Millers Association of Zimbabwe (GMAZ) national chairman Tafadzwa Musarara, however, said there is no reason for the country to experience bread shortages as there is adequate wheat in the count...Published: 08 Jun 2022 at 10:21hrs | 1164 | by Mandla Ndlovu
Why Zimbabwe's de-dollarization route flopped
The Zimbabwean government has announced measures to promote the wider use of the domestic currency (The Zimbabwean Dollar) in a last-ditch effort to save it from the re-dollarization onslaught. Part o...Published: 08 Jun 2022 at 07:08hrs | 4151 | by Victor Bhoroma
Zesa needs US$300m to address backlog
ZESA Holdings has a backlog of 305 000 domestic customers who need to have electricity connected to their homes, but requires a whooping US$300 million to connect all of them, a senior official has sa...Published: 06 Jun 2022 at 09:59hrs | 888 | by Staff Reporter
Bread in short supply as bakeries demand US$
BREAD is in short supply in some parts of the country as some bakeries are demanding payment in United States dollars only.Tuckshop owners in Harare yesterday told NewsDay Weekender that they ...Published: 04 Jun 2022 at 19:55hrs | 285 | by Staff reporter
'Full dollarisation of Zimbabwe economy will never happen'
ZIMBABWEANS must cherish the partial dollarisation that is in place, and stop dreaming about full dollarisation, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, said yesterday.Speak...Published: 04 Jun 2022 at 19:52hrs | 244 | by Staff reporter
Food security headache hits Mnangagwa government
President Emmerson Mnangagwa's government is facing potential bread shortages as wheat supplies dwindled sharply over the past few weeks.The looming shortage and hike in wheat prices was t...Published: 02 Jun 2022 at 17:48hrs | 2538 | by Mandla Ndlovu
Retail outlets ration basic commodities as Zimdollar weaken
THE United States Agency for International Development (USAid) food security arm says some wholesale and retail outlets are rationing scarce foodstuffs, as the Zimbabwe dollar continues to depreciate....Published: 02 Jun 2022 at 06:52hrs | 668 | by Staff reporter
Mnangagwa returns from useless Davos trip
President Mnangagwa returned home this morning from the World Economic Forum in Davos-Klosters, Switzerland, where he took part in and co-chaired some discussions that centred on finding solutions to ...Published: 28 May 2022 at 08:49hrs | 528 | by Staff reporter
'Zimdollar dead by next month'
TWO of Zimbabwe's most respected economics professors have warned government to bite the bullet and redollarise because the Zimdollar "would be dead soon".Professors Gift Mugano and Anthony Ha...Published: 27 May 2022 at 06:47hrs | 1084 | by Staff reporter
Shot in arm for Grey Prison
BLANKET shortages at Grey Prison in Bulawayo prompted Ship of Zion International Ministries pastor Siphethangani Sibanda to donate bedding to prisoners.The donation, worth US$350, was made on ...Published: 27 May 2022 at 06:45hrs | 154 | by Staff reporter
Panic as fuel shortages loom in Zimbabwe
A FUEL crisis is looming as major dealers say they are struggling to stock up because of foreign currency shortages, which they say are threatening their viability.Fuel dealers say they may be...Published: 26 May 2022 at 06:27hrs | 2295 | by Staff reporter
UN chief honours Zimbabwean peacekeeper
A Zimbabwean peacekeeper who recently completed her assignment with the United Nations Mission in South Sudan (UNMISS), will receive the 2021 United Nations Military Gender Advocate of the Year Award....Published: 25 May 2022 at 17:23hrs | 802 | by Staff reporter
'Partisan politics breeding starvation'
GOVERNMENT has been accused of pushing millions into starvation and poverty through its populist and partisan politics, civic society organisations said yesterday as they joined the continent to celeb...Published: 25 May 2022 at 06:34hrs | 112 | by Staff reporter
Zimbabwe's govt announcement on 4 000 teachers recruited is a joke
Labour unions representing teachers say the announcement by government that it had recruited an estimated 4 000 teachers was a joke, saying the country has over about 50 000 vacant posts.Prima...Published: 21 May 2022 at 18:46hrs | 926 | by Staff reporter
Zimbabwe healthcare bleeds amid mass nurse exodus
Virginia Mutsamwira says she treats four times the number of patients she should ideally handle at a township clinic in Harare."It's tiring - the nurse-patient ratio is really bad," she says, ...Published: 21 May 2022 at 17:52hrs | 46 | 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 | 2064 | by Staff reporter
Mnangagwa frets over shortages
PRESIDENT Emmerson Mnangagwa is reportedly fretting over shortages of basics, amid fears the situation could cause civil unrest.Fears abound in Zanu-PF corridors that the shortages could cost ...Published: 19 May 2022 at 06:42hrs | 4408 | by Staff reporter
Residents' property attached over council debts
AT least 10 residents from Senga suburb had their household property attached by the Messenger of Court at the instigation of Gweru City Council (GCC) in a bid to force ratepayers to settle their bill...Published: 19 May 2022 at 06:35hrs | 310 | by Staff reporter
Brilliant architecture refreshes Zimbabwe's Beitbridge border
A REFRESHING atmosphere greets a discerning traveller upon arrival at the new look Beitbridge Border Post, a world class facility whose upgrading under the Second Republic, has reached the final stage...Published: 19 May 2022 at 06:34hrs | 583 | by Staff reporter
Zimbabwe govt recruits extra 10 000 teachers
More than half of the extra 10 000 teachers needed by the Ministry of Primary and Secondary Education have now been recruited over the last couple of months. The Public Service Commission has ...Published: 19 May 2022 at 06:32hrs | 226 | by Staff reporter
Zimbabwe govt reduces fuel prices
Mandatory blending of ethanol in unleaded petrol has been increased from 10 percent to 20 percent at the end of this month to reduce fuel price increases on the global market and give a relief to ...Published: 18 May 2022 at 18:45hrs | 585 | by Staff reporter
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