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China opposes coercive measures against developing countries
China on Tuesday represented 28 Global South countries and delivered a joint statement at the United Nations opposing unilateral coercive measures and urging countries imposing them to "immediately an...Published: 25 Oct 2024 at 15:52hrs | 132 | by Staff reporter
Hichilema blunders again
Today, the Southern African Development Community (SADC) will hold the 44th ordinary summit of Heads of State and Government in Harare, Zimbabwe. The SADC Summit is accountable for the regional bloc's...Published: 17 Aug 2024 at 15:47hrs | 3297 | by Dr Fred M'membe
Namibia comments on 'removal' of US sanctions on Zimbabwe
The Government of the Republic of Namibia has taken note of a new sanctions regime announced by H.E. Joseph B. Biden, President of the United States of America. on 4 March 2024. Article 96 of ...Published: 08 Mar 2024 at 07:58hrs | | by Staff reporter
Bulawayo City Council not going back on decongesting CBD
THE Bulawayo City Council (BCC) says there is no going back in decongesting the city centre and has directed informal traders and taxi operators to move to newly upgraded Egodini Terminus and other de...Published: 09 Feb 2024 at 06:56hrs | 1 | by Staff reporter
Professor Ncube readies Zimbabwe's budget
AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations are high that it will consolidate prevail...Published: 29 Nov 2023 at 05:08hrs | 12 | by Staff reporter
Zanu-PF says it ha no time for CCC musings
Zanu-PF has firmly stated that it will not engage in discussions regarding the opposition party CCC's speculations about the possibility of election reruns. The ruling party has shifted its focus towa...Published: 30 Oct 2023 at 05:11hrs | | by Staff reporte
South Africa, Zimbabwe in behind the scenes talks
The South African government and the governing ANC under President Cyril Ramaphosa are engaged in new secret talks with Zimbabwean President Emmerson Mnangagwa's freshly-minted administration to resol...Published: 06 Sep 2023 at 18:56hrs | 1 | by Staff reporter
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 | 14 | by Stephen Jakes
Bulawayo cholera patient discharged from hospital
A nineteen-year-old high school learner in Bulawayo who tested positive for Cholera has been treated and discharged from hospital while contact tracing is ongoing.The learner who became the ci...Published: 07 Jun 2023 at 17:04hrs | | by Staff reporter
Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | | by Staff reporter
World Bank says Zimbabwean economy to maintain modest growth in 2023
Zimbabwe's economy is projected to grow at a modest growth rate in 2023 against a weakening global economic growth outlook, according to the World Bank.Speaking at the Economic and Business Ou...Published: 09 Feb 2023 at 05:11hrs | 1 | by Staff reporter
Sanctions choking Zimbabwe: Myth or reality?
"African politics is dogged by crises of legitimacy, monetised politics and corruption, personalised leadership, and lastly the sit-tight syndrome" notes the African Exponent. During an electoral seas...Published: 14 Jan 2023 at 16:33hrs | | by Zvikomborero Sibanda
US treasury boss heads for Africa
THE United States (US) Secretary of the Treasury Janet Yellen's visit to Senegal, Zambia and South Africa from January17 to 28, 2023 has been confirmed by the US Department of the Treasury's Office of...Published: 14 Jan 2023 at 07:40hrs | | by Staff reporter
A random 10 political questions that will make 2023 an uncertain year
As the euphoria of the New Year begin to fed away, we have to wait to see whether it's clear that the trends we have been seeing over the last few decades show no signs of slowing down. You might say ...Published: 04 Jan 2023 at 01:08hrs | 1 | by Farai Chirimumimba
US stands firm over sanctions on Zimbabwe
The US will not remove sanctions placed on Zimbabwean entities and people, despite the issue being raised by President Cyril Ramaphosa during his visit with US President Joe Biden.US Ambassado...Published: 26 Sep 2022 at 20:25hrs | | by Staff reporter
Zanu-PF grateful to SA
Zanu-PF has praised South African President Cyril Ramaphosa for taking the issue of illegal sanctions imposed against Zimbabwe directly to White House when he told the United States President Joe Bide...Published: 21 Sep 2022 at 06:00hrs | | by Staff reporter
US$50m hotel for Victoria Falls
A MASSIVE US$50 million hotel project is on the cards in Victoria Falls, as the transformation of the prime tourism destination into a world-class city and resort gains momentum.Victoria Falls...Published: 27 Jun 2022 at 08:10hrs | 18 | by Staff reporter
'Timely IMF boost saved Zimbabwe'
A PAN African lender has ranked Zimbabwe among the biggest beneficiaries of the US$33 billion injected into the region's economies by the International Monetary Fund (IMF) last year.Africa Exp...Published: 14 Jun 2022 at 06:41hrs | | by Staff reporter
ZITF bookings spillover
THIS year's edition of the Zimbabwe International Trade Fair (ZITF) is oversubscribed with organisers still trying to find space for over 100 exhibitors who want to showcase their products, an officia...Published: 12 Apr 2022 at 06:28hrs | | by Staff reporter
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 | 1 | by Staff reporter
China opposes sanctions for good reasons
One month after the Ukraine crisis broke out, China and an increasing number of like-minded nations, particularly developing countries, have voiced objection to unilateral sanctions by United States-l...Published: 28 Mar 2022 at 06:42hrs | 2 | by Zhang Yunbi
Border upgrade creates more than 1 000 jobs
More than 1 000 Zimbabweans have been hired in construction jobs for the new facilities during the ongoing US$300 million modernisation and upgrade of the Beitbridge Border Post due to be finished ear...Published: 17 Mar 2022 at 05:42hrs | | by Staff reporter
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
Border modernisation spillover excites Beitbridge
THE Zimborders Consortium that is modernising the Beitbridge Border Post at a cost of US$300 million is also constructing key infrastructure in the border town in line with its transformation into a m...Published: 10 Mar 2022 at 05:55hrs | 1 | by Staff reporter
UK military drivers on standby
Britain's army has been put on standby to deliver fuel as panic buying worsened a supply crisis, sending prices to an eight-year high.Announcing the move late on Monday, the government said a ...Published: 29 Sep 2021 at 06:36hrs | | by Staff reporter
Zimsec exams on this year, says Govt
GOVERNMENT has said the Zimbabwe School Examinations Council (Zimsec) November examinations will go ahead as scheduled with a possibility of a spillover to 2022 despite the COVID-19-induced disruption...Published: 08 Sep 2021 at 06:20hrs | | by Cedric Steele
Eswathini burns an attack on Africanism
The events in eSwatini formally Swaziland is indeed knee shaking. There is an onslaught to the only remaining absolute monarchy in the world. The events reminds me of Lybia. Sea is must look across to...Published: 05 Jul 2021 at 11:46hrs | 1 | by Dr Masimba Mavaza
SA taxi operators block traffic at Beitbridge border post
South African taxi operators have blocked traffic at their component of the Beitbridge Border Post in protest of Zimbabwe's delay in opening its land borders.A source from South Africa said sc...Published: 12 Mar 2021 at 13:25hrs | | by Staff reporter
'Beitbridge upgrade to be complete by Nov 2022'
THE US$300 million Beitbridge Border Post upgrade to a one-stop border facility should be complete by November next year, Finance and Economic Development minister Mthuli Ncube said yesterday....Published: 27 Feb 2021 at 08:37hrs | | by Staff reporter
Zimbabwe, SA border blockade fails again
Organisers of a two-day demonstration that sought to block commercial traffic from entering and leaving South Africa through Beitbridge Border Post were left eating the dust from the cargo trucks driv...Published: 28 Sep 2020 at 06:43hrs | | by Staff reporter
You are on the right path Mthuli but....
I can't help but feel sorry for Finance and Economic Development Minister Professor Mthuli Ncube.By now the economy should have been showing signs of stabilising.Experts say for the fi...Published: 05 May 2019 at 09:44hrs | | by Munyaradzi Hwengwere
2% tax is right, 'right is not always popular' quoting Einstein - Mthuli Ncube, you are NOT Albert Einstein
"They say you can only know the true state of a car when you lift its bonnet and look inside. And so it was back in September, when I was appointed Minister of Finance, and got to take a look at the t...Published: 07 Apr 2019 at 09:41hrs | | by Wilbert Mukori
Mthuli Ncube allocates $100m from 2% Electronic Transfer Tax towards Cyclone Idai relief and rehabilitation efforts
Social Impact of 2% Tax in action:$100 million collected from the 2% tax allocated to cover the emergency requirements for mitigating the impact of #CycloneIdai na...Published: 06 Apr 2019 at 23:10hrs | | by Mthuli Ncube
Mthuli Ncube allocates $100m from 2% Electronic Transfer Tax towards Cyclone Idai relief and rehabilitation efforts
$100 million collected from the 2% tax allocated to cover the emergency requirements for mitigating the impact of #CycloneIdai natural disaster, rehabilitation of hundreds of lives and restoration of ...Published: 06 Apr 2019 at 16:33hrs | | by Prof. Mthuli Ncube
The 2pc Tax and Cyclone Idai...when what is right is not always popular
They say you can only know the true state of a car when you lift its bonnet and look inside. And so it was back in September, when I was appointed Minister of Finance, and got to take a look at the tr...Published: 06 Apr 2019 at 07:51hrs | | by Prof Mthuli Ncube
Chamisa boils as the year end
During the year just ending, Zimbabwe confirmed to the world, within a difficult context, the soundness of its institutions, the resilience of its economy and its attachment to national unity. Despite...Published: 23 Dec 2018 at 22:35hrs | 2 | by Dr Masimba Mavaza
RBZ maintains bond note - US$ exchange rate at par
THE Reserve Bank of Zimbabwe has maintained the exchange rate of the bond notes at par with the US dollar.In his delayed mid-term Monetary Policy Statement, governor John Mangudya said that th...Published: 01 Oct 2018 at 21:49hrs | 1 | by Staff reporter
Zimbabwe cement demand to exceed supply in 2 years
ZIMBABWE'S cement industry could run out of capacity by 2020 as national demand grows faster than the expansion in investment, one of the major producers has said.The industry is dominated by ...Published: 01 Oct 2018 at 07:01hrs | | by Staff reporter
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | | by Staff reporter
Mnangagwa's govt fails first fiscal test
ZIMBABWE'S fiscal details for the first quarter of 2018 show government had cumulative revenue collections of about US$1,2 billion, against total expenditure outlays of US$1,4 billion, resulting in a ...Published: 29 Jun 2018 at 15:25hrs | | by Staff reporter
Zimbabwe's manufacturing sector requires $2bn
Zimbabwe's manufacturing sector requires around $2 billion in capital funding for optimum operation, the Confederation of Zimbabwe Industries (CZI) has said. CZI president Sifelani Jabangwe pi...Published: 28 Jun 2018 at 06:59hrs | | by Staff reporter
Could the Bulawayo Zanu-PF skirmish be internal or staged however we view it?
The violence perpetrated at the Zanu-PF rally in Bulawayo on Friday 22 June 2018 is an act of barbarism founded on fear to promote instability against excellent prospects for a successful and peaceful...Published: 24 Jun 2018 at 08:13hrs | 7 | by Andrew Manyevere
Fuel, booze, airtime boost Zimra excise duty
Fuel, beer and airtime were the largest contributors to excise duty collections for the month of April, as the Zimbabwe Revenue Authority (Zimra) surpassed its overall collection targets for the month...Published: 15 May 2018 at 07:13hrs | | by Staff reporter
Zimra surpasses April target
THE Zimbabwe Revenue Authority (Zimra) says it surpassed its gross revenue target for April 2018 by 9,81 percent to reach $361,88 million.Zimra acting corporate communications head Taungana Nd...Published: 15 May 2018 at 06:56hrs | | by Staff reporter
2nd national development plan for Zimbabwe
An Alternative for the Government of Zimbabwe in Re-Building Zimbabwe I get frustrated when we simply talk and ...Published: 08 Jan 2018 at 12:47hrs | 1 | by Tinashe Eric Muzamhindo
Mthuli Ncube appointed Head of Research Lab at Quantum Global Group
Quantum Global Group (Quantum Global), an investment firm focusing on Africa, today announced the appointment of Prof. Mthuli Ncube as the Head of its research arm, Quantum Global Research Lab (QG...Published: 20 Sep 2016 at 10:45hrs | 6 | by Staff reporter
French-speaking jihadist threatens to execute Lebanese soldiers
Beirut - A French-speaking jihadist threatened on Friday to execute Lebanese soldiers held hostage by the Islamic State group, saying three prominent anti-ISIS Lebanese politicians would be responsibl...Published: 19 Dec 2014 at 17:17hrs | 1 | by AFP
Political stability remains a challenge
Political stability remains a challengeIn April 2014, the United Nations Security Council authorized the establishment of the UN Multidimensional Integrated Stabilization Mission in the Centr...Published: 17 Oct 2014 at 20:07hrs | | by Africa Renewal
Liquidity shortage in Zimbabwe is an insane figment of imagination
Those gullible and credulous among Zimbabwe's so-called experts who have long labored under the grievous misconception that there is liquidity shortage within Zimbabwe's financial system have been dea...Published: 10 Feb 2014 at 08:19hrs | | by Colls Ndlovu
Liquidity shortage in Zimbabwe: myth or reality
Voluminous bagfuls of hot air have been spent by various economists of different ideological stripes debating about the alleged shortage of liquidity in the Zimbabwean financial system. The question ...Published: 28 Nov 2013 at 06:41hrs | | by Colls Ndlovu
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