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Zimbabwean activist engages Hichilema to cancel Chivayo linked tender
Zimbabwean activists based in South Africa have called on Zambian President Hakainde Hichilema to block Ren-Form, a South African printing company, from supplying election materials in Zambia's upcomi...Published: 02 Nov 2024 at 08:43hrs | 1458 | by Staff reporter
SADC in a mess
The brutal killing of opposition lawyer Elvino Dias and a party official, Paulo Guambe, on Saturday in Mozambique puts a gloomy picture on the region. Instead of engaging in such horrific activities, ...Published: 23 Oct 2024 at 19:27hrs | 431 | by Leonard Koni
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3240 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6181 | by Engineer Jacob Kudzayi Mutisi
Delay on Lake Gwayi-Tshangani project
The construction of large water booster pump stations at Lake Gwayi-Tshangani in Matabeleland North has revitalized efforts to provide a permanent solution to Bulawayo's long-standing water crisis. Th...Published: 17 Oct 2024 at 08:54hrs | 803 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5643 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 164 | by Staff reporter
Exposing economic saboteurs threatening Zimbabwe's future
THE introduction of the Zimbabwe Gold Currency (ZiG) symbolised a shift toward economic sovereignty, self-reliance and stability. Yet, instead of celebrating this monumental effort, some individuals w...Published: 02 Oct 2024 at 07:49hrs | 248 | by Innocent Mujeri
Hwange Units 7 and 8 set for scheduled maintenance
The Hwange Power Station's Units 7 and 8 will undergo scheduled maintenance during the upcoming festive season, a period when national power demand is traditionally lower due to the annual industry sh...Published: 29 Sep 2024 at 11:17hrs | 216 | by Staff reporter
An Open Letter to Finance Minister Mthuli Ncube
Dear Finance Minister Mthuli Ncube,As you navigate the complexities of Zimbabwe's economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimba...Published: 27 Sep 2024 at 22:51hrs | 840 | by Engineer Jacob Kudzayi Mutisi
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1395 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 142 | by Staff reporter
ZiG currency another scam
Introducing new currency every time and again is not the panacea to the challenges that the country is currently facing.The issue of currency needs a lot of input and everyone's heads on the d...Published: 19 Sep 2024 at 20:57hrs | 3761 | by Leonard Koni
Mnangagwa's govt in a fix as ZiG is rejected
The Zimbabwean government's efforts to promote the use of the Zimbabwe Gold (ZWG) currency have hit a major hurdle, as wheat farmers have refused to accept payment in local currency for their deliveri...Published: 18 Sep 2024 at 08:30hrs | 5439 | by Staff reporter
'Go no further,'.. Muzorewa tells Chamisa
The opposition United African National Council (UANC) party leader, Gwinyai Muzorewa has this Friday urged former Citizens for Coalition Change leader, Nelson Chamisa to swallow his pride and accept t...Published: 24 Aug 2024 at 17:21hrs | 2800 | by Gideon Madzikatidze
Mnangagwa turns to God for peaceful SADC summit
After jailing nearly 100 activists in the past two months, Zimbabwe President Emmerson Mnangagwa held a national breakfast prayer meeting on Wednesday in which he asked for God's guidance.The ...Published: 08 Aug 2024 at 07:57hrs | 1071 | by Staff reporter
NEC members disagreed with Cyril Ramaphosa
With the municipal elections looming, the ANC, leading the Government of National Unity (GNU) is in distress after some members of the ANC's national executive committee (GNU) d's stance that the ...Published: 05 Aug 2024 at 08:00hrs | 1338 | by Staff reporter
Jailed CCC activist undergoes operation
A Citizens Coalition for Change (CCC) activist injured when police raided a private event in Harare on June 16 and arrested her and 78 others has undergone an operation to fix a fracture on her left l...Published: 10 Jul 2024 at 08:08hrs | 18 | by Staff reporter
Churches call for peace ahead of SADC Summit
Indigenous churches have expressed their quest for sustainable peace before, during and after SADC Summit called on all citizens to be peaceful and avoid confrontation, amid perceived tension emanatin...Published: 07 Jul 2024 at 22:30hrs | 43 | by Gideon Madzikatidze
Mnangagwa fires Guvamatanga, then changes mind
President Emmerson Mnangagwa sacked finance secretary George Guvamatanga last week but then had a change of heart after he made a groveling apology, and following further representations by chief cabi...Published: 01 Jul 2024 at 10:56hrs | 9 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 79 | by Dr Bekithemba Mpofu
Challenging situation ahead for SA
THE latest from South Africa is that Cyril Ramaphosa has been elected president by the country's seventh Parliament.His election follows an agreement between the African National Congress (ANC...Published: 17 Jun 2024 at 09:24hrs | 2 | by Tapiwa Gomo
It never rains but, it pours for Zimbabwe's economy
For over ten years, Zimbabwe has struggled with its currency. Since 2008, this is the nation's sixth attempt to introduce a new one, the ZiG.Zimbabwe's central bank introduced the Zimb...Published: 18 May 2024 at 10:58hrs | 96 | by Dickson Chikwizo
Mthuli Ncube pleads for patience on ZiG
FINANCE minister Mthuli Ncube has pleaded for patience with the recently introduced Zimbabwe Gold (ZiG) currency amid an uproar from the public over the disruptions it has caused to transactions....Published: 12 Apr 2024 at 09:51hrs | | by Staff reporter
'Increase in sugar prices unwarranted'
THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recen...Published: 12 Apr 2024 at 09:49hrs | | by Staff reporter
'Mushayavanhu must assert himself as independent'
Businessman and economist, Nigel Chanakira, says the new Reserve Bank of Zimbabwe governor John Mushayavanhu must assert himself as an independent central banker to stabilise the local currency....Published: 11 Apr 2024 at 08:43hrs | | by Staff reporter
Zimswitch, EcoCash roll out new currency
FOLLOWING the unveiling of the new currency last Friday, the country's sole national payments platform and clearing house, Zimswitch, yesterday announced that it had completed the rollout of the ZiG p...Published: 09 Apr 2024 at 06:18hrs | 1 | by Staff reporter
Zimbabwe's new currency chaos
ZIMBABWEAN consumers were yesterday left stranded after businesses suspended trading using the Zimbabwe dollar following the introduction of a new currency on Friday.Reserve Bank of Zimbabwe (...Published: 07 Apr 2024 at 10:35hrs | | by Staff reporter
Mnangagwa's foot in the mouth again
PRESIDENT Emmerson Mnangagwa has an uncanny ability to frequently put his foot in the mouth, sometimes without harm but his recent episode on structured currency has left a trail of economic disaster....Published: 07 Apr 2024 at 10:11hrs | 6 | by Paidamoyo Muzulu
Service providers stop trading in Zimdollars
A MAJORITY of service providers and shops in the country were yesterday rejecting payments in local currency arguing that they were migrating to the new Zimbabwe Gold (ZiG) currency in a development t...Published: 07 Apr 2024 at 10:07hrs | 1 | by Staff reporter
EcoCash suspends ZWL transaction
EcoCash, Zimbabwe's dominant mobile money group, has suspended ZWL transactions on its platform.EcoCash advised its clients through a customer note posted on social media.Said EcoCash, "Du...Published: 06 Apr 2024 at 08:31hrs | 1 | by Staff reporter
Zimbabwe's structured currency launch on Friday
IN a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid arbitrage, the Zimbabwean government will next week launch a "structured currency" which the...Published: 31 Mar 2024 at 20:50hrs | | by Staff reporter
All eyes on new RBZ boss
RESERVE Bank of Zimbabwe (RBZ) new governor John Mushayavanhu is facing a tough challenge as he is expected to immediately halt the freefall of the Zimbabwe dollar and stop the economic implosion blam...Published: 31 Mar 2024 at 16:36hrs | | by Staff reporter
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 | 12 | by Staff reporter
Mnangagwa cuts short Mangudya's term at RBZ
President Emmerson Mnangagwa on Thursday brought forward by a month the appointment of John Mushayavanhu as the new Reserve Bank of Zimbabwe governor, hoping to stem the collapse of the local currency...Published: 28 Mar 2024 at 16:10hrs | 4 | by Staff reporter
Zanu-PF's secret advice to ANC exposed
Zanu-PF's behind the scenes moves to have the courts bar exiled minister, Saviour Kasukuwere, from contesting the 2023 elections has been laid bare after it emerged the ruling party advised South Afri...Published: 26 Mar 2024 at 07:07hrs | 4 | by Staff reporter
Zesa struggling to clear debts
ZESA Holdings has revealed that it is barely managing to meet its foreign and local obligations owing to the country's tight economic situation.The utility is struggling to service a US$2 bill...Published: 20 Mar 2024 at 06:34hrs | | by Staff reporter
Gold set to anchor Zimbabwe dollar
GOLD has emerged as the most ideal instrument likely to be used to anchor the structured currency the Government is pursuing to stabilise the exchange rate and curtail persistent inflation.The...Published: 10 Mar 2024 at 06:23hrs | 8 | by Staff reporter
Starlink has not applied for operating licence in Zimbabwe
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) said internet service provider Starlink has not applied for an operating licence, amid allegations that the government intends t...Published: 26 Feb 2024 at 04:53hrs | 1 | by Staff reporter
Bulawayo residents to get water 'as and when it's available'
THE Bulawayo City Council (BCC) has been forced to suspend its 120-hour water shedding schedule indefinitely as the water situation worsens leaving supply dependent on availability until their system ...Published: 25 Feb 2024 at 07:16hrs | | by Staff reporter
Bulawayo water crisis worsens
BULAWAYO City Council (BCC) has been forced to suspended water suppies to most of the city owing to reduced pumping capacity at the Ncema Dam plant where there are ongoing maintenance works, plunging ...Published: 21 Feb 2024 at 07:16hrs | | by Staff reporter
Bulawayo resident to experience long periods without water
BULAWAYO residents are expected to experience long periods without water as repairs and maintenance that were being done at Ncema Water Works have taken longer than anticipated.The council is ...Published: 20 Feb 2024 at 05:03hrs | | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 2 | by Staff reporter
Free emergency health services for one month
PRIVATE healthcare institution, Corporate 24, has pledged to provide free emergency health services this month targeting members of the public in Bulawayo and Harare in a bid to reduce costs and compl...Published: 13 Feb 2024 at 04:43hrs | 1 | by Staff reporter
Nelson Chamisa's CCC resignation
ON 25 January 2024, Zimbabwean opposition Citizens' Coalition for Change (CCC) president Nelson Chamisa quit.Looking through the dancing ropes, it is more like a boxing match. Remember when Mi...Published: 12 Feb 2024 at 13:52hrs | 2 | by Vivid Gwede
Zimbabwe to use gold to back its currency
Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister Mthuli Ncube said on...Published: 12 Feb 2024 at 11:31hrs | 1 | by Staff reporter
Another plan to rescue Zimdollar
ZIMBABWE is considering overhauling its exchangerate regime as the government seeks new measures to save its beleaguered currency.The latest proposals will be in a monetary policy statement th...Published: 11 Feb 2024 at 21:07hrs | | by Staff reporter
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 1 | by Staff reporter
Mnangagwa whips 'errant' ministers
President Emmerson Mnangagwa has castigated his ministers for failing to respect Cabinet business demanding real-time updates on the fight against the cholera epidemic ravaging Zimbabwe and the Sadc r...Published: 07 Feb 2024 at 04:46hrs | | by Staff reporter
Mnangagwa to introduce structured currency in Zimbabwe
PRESIDENT Mnangagwa has said the country will soon be introducing its structured currency as the Government implements measures to arrest price hikes while creating a conducive economic environment....Published: 06 Feb 2024 at 15:00hrs | | by Staff reporter
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