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Zacc probes Lands Commission
THE Zimbabwe Anti-Corruption Commission (Zacc), headed by Justice Loice Matanda-Moyo, has instituted investigations into the operations of the Lands Commission in Marondera.The probe comes aft...Published: 22 hrs ago | 521 | by Staff reporter
'Ian Smith busted sanctions because he never had MDC in opposition'
HOME AFFAIRS deputy minister Mike Madiro says Zimbabwe's predecessor Rhodesian government was able to manage and steer the national economy to prosperity because it did not have a party like the MDC i...Published: 22 hrs ago | 850 | by newzimbabwe
City fathers or city dealers at council chambers?
THERE is a wide and telling difference, just like the North and South Poles, in stature and charisma, between city councillors of old and the current generation of men and women in the council chamber...Published: 21 Jul 2019 at 10:06hrs | 354 | by Limukani Ncube
ZCTU proceeds with demo preps
THE Zimbabwe Congress of Trade Unions (ZCTU) has resolved to proceed with a planned stayaway on a date to be announced despite death threats allegedly directed at its leaders this past week.Th...Published: 21 Jul 2019 at 10:01hrs | 605 | by newzimbabwe
The reality of stagflation in Zimbabwe
The current fiscal year is turning out to be a challenging year for the Zimbabwean economy. The country is experiencing all the features of economic decline from a recession, high unemployment rate, d...Published: 20 Jul 2019 at 19:31hrs | 2385 | by Victor Bhoroma
Mathebeleland - The Ndexit Era
The truth remains the truth no matter what your wishes may be. Amandebele people cannot live together with Shonas even if Joshua Mqabuko Nkomo would have wanted it that way, it is just water and oil, ...Published: 20 Jul 2019 at 19:25hrs | 2966 | by Clemen Moyo
Of all the feeble excuses for imposing Z$ Minister Ncube's takes the biscuit - sanctions, very original too
Of all the feeble excuses proffered by this Zanu PF regime for ending the use of the multi-currency basket in favour of the local currency as the only legal tender; Minister of Finance, Professor Mthu...Published: 18 Jul 2019 at 09:43hrs | 4060 | by Patrick Guramatunhu
Illegal forex vending sucks in cops
GOVERNMENT efforts to eliminate illegal foreign currency dealers from the streets of Harare are being hampered by the involvement of some unscrupulous police officers in the illicit trade, The Herald ...Published: 18 Jul 2019 at 07:39hrs | 1536 | by Staff reporter
Man attacks wife's lover, flees with his penis
A Florida man allegedly used scissors to cut off the penis of a man he suspected of sleeping with his wife, according to law enforcement officials.The Gilchrist County Sheriff's Office arreste...Published: 17 Jul 2019 at 08:26hrs | 6929 | by Staff reporter
3 cops in 160kg gold ore heist
Three police officers based at Fort Rixon Police Station have been implicated in a 160kg gold ore theft at Sheep Skin A mine, a police report shows.According to a leaked police document dated ...Published: 17 Jul 2019 at 07:51hrs | 926 | by Staff reporter
'A coup against Mnangagwa is about to explode'
The November 2017 military coup which forced tyrant Robert Mugabe from power is still haunting Zimbabwe almost 18 months down the line. The remnants of the coup and its footprints will not disappear s...Published: 16 Jul 2019 at 16:59hrs | 18644 | by Blessing Ivan Vava
For Auxilia Mnangagwa to kick and scream: tip of the iceberg: she has seen the limit of what it takes to be married to Emmerson
Putting some pieces of the jigsaw puzzle together, we shall indeed not get all of them, it's not possible. We are now told that Mnangagwa got a child with a student from MSU. We read too that Auxilia ...Published: 16 Jul 2019 at 14:03hrs | 15189 | by Nomazulu Thata
Lessons from Singapore on economic development
Singapore is a tiny island-city state in Southeast Asia with a total area of 718km2 (543 times smaller than Zimbabwe) and part of the four Asian Tigers (Others include Hong Kong, Taiwan and South Kore...Published: 15 Jul 2019 at 09:56hrs | 1289 | by Victor Bhoroma
Mthuli Ncube was also surprised
It's almost a year since Finance minister Mthuli Ncube was appointed by President Emmerson Mnangagwa to help turn around an economy weighed down by decades of ruinous policies.In the 10 months...Published: 14 Jul 2019 at 15:01hrs | 13710 | by Staff reporter
Job Sikhala faces a death penalty for treason
Former president Mugabe once said of Madhuku "that once he is broke he provokes the law enforcement so that when he is arrested his sponsors will vilify Zimbabwe and consequently pour money to his poc...Published: 09 Jul 2019 at 11:36hrs | 6994 | by Dr Masimba Mavaza
Imbube festival for Bulawayo
IMBUBE groups in Matabeleland will on August 17 hold their fourth imbube expo, Rise Up Chothoza Mfana, running under the theme United We Stand, Divided We Fall — Simunye Chothoza, which is aimed at ...Published: 09 Jul 2019 at 07:30hrs | 481 | by Staff reporter
Power cuts cripple informal sector
THE incessant power cuts being experienced across the country have hit the informal sector hardest with players now spending long hours or days without production. The power utility, Zesa, is ...Published: 09 Jul 2019 at 07:17hrs | 242 | by Staff reporter
RBZ unleashes monitors
THE Reserve Bank of Zimbabwe (RBZ) has dispatched a monitoring team to knock down the last bastions of unscrupulous businesses that are still transacting in foreign currency.Last month, the Go...Published: 07 Jul 2019 at 21:07hrs | 3965 | by Staff reporter
Zimbabwe dollar strengthens in parallel market
For Zimbabwe President Emmerson Mnangagwa, the re-introduction of the country's currency after a decade of US dollar dominance marks a return to normalcy.To many others, however, it heralded u...Published: 06 Jul 2019 at 10:32hrs | 6875 | by The East African
Woman detective challenges dismissal in High Court
A FIRED junior woman police detective, who was discharged after she extorted US$2 250 from a suspected forex dealer following arrest, has taken Commissioner-General Godwin Matanga to court challenging...Published: 05 Jul 2019 at 08:00hrs | 647 | by Staff reporter
Giving Mthuli Ncube's mono-currency a fighting chance
It is July 1, 1916, World War 1, the Battle of the Somme. The British Army had been planning for weeks and months for a massive assault on German positions dug in around Somme, to relieve pressure on ...Published: 04 Jul 2019 at 18:46hrs | 3994 | by Joseph Mverecha
Ndebele 'King' addresses the nation
I would like to make it known that I, as King of Matabeleland alias Mthwakazi, am very much committed to the Restoration of my Kingdom. I also want the whole world to know that the whole Inter-cultura...Published: 04 Jul 2019 at 13:19hrs | 7529 | by Stanley Khumalo
Zesa complicit in cable thefts: Residents
Zesa spokesperson Fullard Gwasira said vandalism of Zesa property was becoming more rampant, particularly in Bulawayo and blamed this on the economy and unemployed technicians."Zesa property i...Published: 04 Jul 2019 at 08:33hrs | 606 | by Staff reporter
The new Zimdollar: What could go wrong?
ZIMBABWE last week made its interim currency, the RTGS dollar, the country's sole legal tender, drawing the curtains on a decade of United States dollar dominance. Harare was forced to abandon its own...Published: 03 Jul 2019 at 08:43hrs | 2104 | by Ed Stoddard
Minister Ncube you are printing Z$ 400 m to pay for increased expenditure = financial indiscipline. Simple!
"ZIMBABWE will print ZWL$400 million bond notes which it says will be drip-fed into the economy to cover the gap left after government banned the use of multi-currencies in local transactions," report...Published: 03 Jul 2019 at 07:37hrs | 2104 | by Patrick Guramatunhu
You can now track anyone in the United States: ZabaSearch search review
Keeping track of someone who you can only trace by their name is far more effortless in the United States thanks to people search services like ZabaSearch. Although these platforms work by compil...Published: 02 Jul 2019 at 18:34hrs | 2433 | by Staff Writer
Measures in place to preserve Zimbabwe dollar value
Finance and Economic Development Minister Professor Mthuli Ncube says authorities have instituted measures that will ensure that the local currency will not suffer previous depredations, following the...Published: 02 Jul 2019 at 08:10hrs | 829 | by Staff reporter
Police officers clash over lucrative Gokwe mine
There was drama when police from Nembudzia Police Station fought and disarmed their counterparts from the Criminal Investigations Department (CID) in Gokwe after they tried to arrest an officer implic...Published: 01 Jul 2019 at 08:11hrs | 1357 | by Staff reporter
Resident files assault, torture charges against police officer
BULAWAYO resident, Edmore Moyo Makonese filed a complaint against a police officer Constable Samuel Marava for assault, torture and denial of medical attention.Makonese filed the complaint at ...Published: 01 Jul 2019 at 08:05hrs | 466 | by Staff reporter
Zimbabwe launches industrial policy
Government has launched the Zimbabwe National Industrial Policy (ZNIDP), which is expected to help transform the economy through value addition, increasing employment levels and promoting a culture of...Published: 01 Jul 2019 at 07:30hrs | 304 | by Staff reporter
Deaths on black women on the rise in Germany; how many deaths will it take until we know that too many women have died?
The cold-blood murders of black women in Germany are not German men as such but African men. Bremen-North is plunged into a shock, the newspapers are filled with a recent event of a mother murdered by...Published: 01 Jul 2019 at 07:09hrs | 2139 | by Nomazulu Thata
Zimbabwe economy bites Madinda Ndlovu
OUTGOING Highlanders technical manager Madinda Ndlovu says the country's unstable economic situation was the reason he could not see out his contract at the Bulawayo football giants.Ndlovu ten...Published: 30 Jun 2019 at 09:18hrs | 1408 | by Staff reporter
US$ ban piles pressure on employers
The government should channel its entire surplus towards cushioning workers in the face of rising costs and declining incomes, economist Ashok Chakravarti has said.In a wide-ranging interview ...Published: 30 Jun 2019 at 09:10hrs | 1418 | by Staff reporter
De-dollarisation fraught with risk
LATIN American countries such as Bolivia and Peru - like Zimbabwe did this week - once embarked on de-dollarisation without macro-economic stability and other necessary conditions, with the process en...Published: 30 Jun 2019 at 09:06hrs | 482 | by Staff reporter
Introduction of Zimdollar to sink economy, say analysts
THE decision by government this week to abolish the multi-currency regime and re-introduce the Zimbabwean dollar as the sole legal tender could be catastrophic as the local currency's value may tumble...Published: 30 Jun 2019 at 09:05hrs | 802 | by Staff reporter
Prices start dropping?
Prices of goods and services continue to tumble as the new measures to adopt a local currency begin to tame runaway speculative activities and upward movements of the parallel market exchanges rates t...Published: 30 Jun 2019 at 08:58hrs | 2519 | by Staff reporter
Zimbabwe Currency: Taking back control
Zimbabwe is on a journey. A marathon. Indeed, sometimes it feels more of a steeplechase. As although the journey has just begun, we have faced a multitude of challenges to overcome already. This was n...Published: 29 Jun 2019 at 20:05hrs | 8650 | by Prof Mthuli Ncube
Zimbabwe ranks poor in Africa in media index
ZIMBABWE has been ranked number 12 out of 14 countries in the Africa Media Index, a study which provides insights on trends and knowledge of the media sector and how it affects investment, governance,...Published: 29 Jun 2019 at 16:48hrs | 1037 | by Staff reporter
Parliament demands Zimpapers overhaul
CHAIRPERSON of the Parliamentary Portfolio Committee on Media, Prince Dubeko Sibanda (MDC Alliance) yesterday called for the revival of the Zimbabwe Mass Media Trust (ZMMT) to stop government interfer...Published: 28 Jun 2019 at 06:26hrs | 1020 | by Staff reporter
ZANU PF Lack of Consultation Dragging Zimbabwe into the Abyss
The announcement of Statutory Instrument 142 of 2019 which outlawed the use of multi-currency system that has been in operation since 2009, adds another chapter, or rather a new low in ZANU PF's non-c...Published: 27 Jun 2019 at 21:38hrs | 1212 | by Farai Maguwu and Darlington Nyambiya
'We are not USA must use Z$' argue Professor Chakravarti - no common sense nor integrity, must shut up
"Ever since we dollarised, everybody has been benchmarking against the US dollars," said Zimbabwe economics lecturer Professor Ashok Chakravarti."We are not the United States of America, we ar...Published: 27 Jun 2019 at 21:31hrs | 2307 | by Patrick Guramatunhu
'Dealers diverting fuel to black market'
UNSCRUPULOUS fuel dealers are allegedly diverting large volumes of the commodity to the underground markets, causing shortages on the market, the National Oil Infrastructure Company (NOIC) chairman Da...Published: 27 Jun 2019 at 06:59hrs | 2750 | by Staff reporter
MDC to ramp up pressure on Mnangagwa
MAIN opposition MDC yesterday said it would be upping the ante against the Zanu-PF-led government both on the foreign and local fronts to ensure that Zimbabwe gets out of the current political problem...Published: 26 Jun 2019 at 16:36hrs | 1398 | by Staff reporter
Scrapping of multi-currency regime: The implications
ON Monday, the government announced major changes in the monetary policy of Zimbabwe, highlighted by the ending of a 10-year multi-currency system.Further measures announced include the intend...Published: 26 Jun 2019 at 07:32hrs | 3070 | by Respect Gwenzi
Mnangagwa claims that 'Country has returned to normalcy'
PRESIDENT Mnangagwa yesterday said the removal of the multi-currency regime marks the country's return to normalcy while assuring Zimbabweans that the Bond note will not be decommissioned. Fin...Published: 26 Jun 2019 at 07:03hrs | 683 | by Staff reporter
Zimbabwe recent economic developments
The central government deficit stabilized starting in September 2018, and turned into a surplus in the first 4 months of 2019...Published: 25 Jun 2019 at 22:22hrs | 3779 | by Staff reporter
Zimbabwe's return to own currency is a brave move
When the government introduced bond notes it was very clear that the pretence currency was bad money that was going to wipe away good money. This came very true in a fast manner. Within a few months, ...Published: 25 Jun 2019 at 19:38hrs | 6924 | by Dr Masimba Mavaza
Scrapping US$ as legal tender will 'cushion' against US$ pricing – imposing rotten Z$ will stifle trade
Zimbabwe scrapped the Z$ in November 2008 and introduced the basket of multi-foreign currency for one very good reason - it had become impossible to do business in Z$. Because of the hyperinflation, t...Published: 25 Jun 2019 at 16:14hrs | 2867 | by Patrick Guramatunhu
Mnangagwa justifies Zim dollar return
President Emmerson Mnangagwa has said Zimbabwe needed its own currency for its economy to kick off blaming the US Dollar pricing as the major cause of inflation in the country in the country. ...Published: 25 Jun 2019 at 16:03hrs | 5778 | by Staff Reporter
President Mnangagwa's full address to Zimbabweans
It has always been clear that for our economy to truly take off, we need our own currency. While the multicurrency regime helped to stabilise the economy, it did not give us control of monetary policy...Published: 25 Jun 2019 at 15:53hrs | 4130 | by Emmerson Mnangagwa
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