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The Ecocash heist - A modern tale of irresponsible corporate behaviour
Sometime in 2013, I applied and became an Ecocash Agent (Agent), and immediately set shop in at least two locations within Harare CBD. The setup and running costs for me as an Agent were high, but the...Published: 03 Jul 2020 at 19:27hrs | 3686 | by Tendayi Mudhadha
Radical Economic Structural Transformation (part 6 of 10)
"The sacrosanct cornerstone and golden thread upon which any successful productive economy can be built is the legal protection of private property ownership."We all know that Zimbabwe's agric...Published: 03 Jul 2020 at 10:25hrs | 1296 | by Vince Musewe
'Mthuli Ncube's policies a security threat'
FINANCE Minister Mthuli Ncube was Thursday told in Senate the newly introduced foreign currency exchange auction trading system was a security threat as it had added burden to long suffering Zimbabwea...Published: 03 Jul 2020 at 07:55hrs | 963 | by newzimbabwe
Govt yet to decide on school calendar
THE government is yet to decide on the school calendar despite that primary and secondary schools are reopening this month.This comes as schools were forced to close early in March as the gove...Published: 02 Jul 2020 at 18:30hrs | 956 | by Staff reporter
Zimbabwe food crisis worse than last year: UN agency
AFOOD security report by the United Nations Office for the Co-ordination of Humanitarian Affairs (OCHA) notes that Zimbabweans are worse-off than they were a year after the launch of the humanitarian ...Published: 01 Jul 2020 at 07:28hrs | 354 | by Staff reporter
Residents protest bond note snub
Mpopoma residents demonstrate at Mahomva shopping centre against the rejection of bond notes by general dealer shops on MondayDISGRUNTLED residents of Mpopoma high-density suburb in Bulawayo o...Published: 01 Jul 2020 at 07:26hrs | 1150 | by Staff reporter
R4 million cigarette smuggling racket busted
Smuggling of cigarettes from Zimbabwe into South Africa through illegal crossing points along the Limpopo River, always a problem because of the tax differences, increased dramatically from the beginn...Published: 01 Jul 2020 at 07:12hrs | 573 | by Staff reporter
Chihuri challenges order to explain wealth
Former Police Commissioner-General Augustine Chihuri wants to nullify a High Court order forcing him to explain his wealth, links and interest in a swathe of companies, and that he and his family acqu...Published: 01 Jul 2020 at 07:11hrs | 826 | by Staff reporter
FAO doubts Zimbabwe's cereal import capacity
ZIMBABWE'S cereal import requirements for the 2020/21 year are estimated at about 1,1 million tonnes amid concern over the country's capacity to access offshore supplies at a time it is battling worse...Published: 30 Jun 2020 at 08:15hrs | 304 | by Staff reporter
Key concerns on the Forex auction system
The Reserve bank of Zimbabwe (RBZ) is cautiously yielding to free market demands for the complete liberalization of the foreign exchange market and scrapping of various consumption subsidies that were...Published: 30 Jun 2020 at 08:15hrs | 4820 | by Victor Bhoroma
Residents sue BCC over typhoid, Harare laboratory roped in
BULAWAYO residents have approached the High Court seeking an order directing council to release the laboratory samples of tap water and other vital information relating to the diarrhoea outbreak in Lu...Published: 30 Jun 2020 at 07:56hrs | 279 | by Staff reporter
Nguwaya bail ruling postponed
DELISH Nguwaya, who is challenging the magistrates' court decision to deny him bail, will know his fate tomorrow when the High Court is expected to deliver its ruling on his application for bail pendi...Published: 30 Jun 2020 at 07:52hrs | 229 | by Staff reporter
Cain Mathema summoned over schools reopening
PARLIAMENT has summoned the minister of Primary and Secondary Education, Cain Mathema, junior MPs and the deaf community to share their views on the reopening of schools amid the coronavirus (Covid-19...Published: 29 Jun 2020 at 18:48hrs | 2432 | by Staff reporter
Zimbabwe switches to substitute ARV drugs
THE government says it has a substitute for the second line drugs for anti-retroviral treatment (ART) which is currently in short supply.In an interview with the Daily News yesterday, deputy m...Published: 29 Jun 2020 at 18:47hrs | 2260 | by Staff reporter
Chihuri says Mnangagwa targeting him over a woman
Former Zimbabwe Republic Police Commissioner Augustine Chihuri has claimed that President Mnangagwa is persecuting him over a war time clash over a woman, in a case where he is challenging the validit...Published: 29 Jun 2020 at 08:03hrs | 5088 | by Staff reporter
Chihuri dossier exposes govt rot
EXILED former Police Commissioner-General Augustine Chihuri has exposed how serving and former top government officials and service chiefs allegedly used their spouses as conduits to grab lucrative te...Published: 29 Jun 2020 at 07:50hrs | 4269 | by Staff reporter
Chamisa has been hijacked, says Mashakada
Founding MDC member and Economic Planning former minister Tapiwa Mashakada recently left the MDC-Alliance led by Nelson Chamisa claiming the party had stopped being a workers' movement and that it had...Published: 28 Jun 2020 at 17:44hrs | 8899 | by Staff reporter
'Mobile money suspension will bury Zimbabwean economy'
THERE is a debilitating mixture of chaos, confusion and panic among both consumers and businesses across the country, after the government made a surprise announcement late on Friday evening that it w...Published: 28 Jun 2020 at 17:41hrs | 1939 | by Staff reporter
Mnangagwa snatched Chihuri's pregnant wife?
FORMER police boss Augustine Chihuri has accused President Emmerson Mnangagwa of hounding him to settle scores after they clashed over a woman.Chihuri, who is on the verge of losing his sprawl...Published: 28 Jun 2020 at 08:25hrs | 16907 | by Staff reporter
Corruption stifles economic growth
United States Agency for international development (USAid) country director, Stephanie Funk (SF), says failed economic policies and corruption, and not Western sanctions, are hindering Zimbabwe's econ...Published: 28 Jun 2020 at 08:13hrs | 272 | by Staff reporter
Zimbabwe economy run by master criminals fleecing the poor
Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the elites who have siphoned US dollars away into their overseas bank accounts. Now, a recent ruling...Published: 28 Jun 2020 at 08:11hrs | 1448 | by Thandekile Moyo
Money changers and the secret of their wisdom
THE foreign currency auction announced by the Reserve Bank of Zimbabwe recently appears to have started on a high note, but there is a nagging fear that those favourable comments by observers may have...Published: 28 Jun 2020 at 08:08hrs | 5658 | by Jonathan Maphenduka
Shot in the arm for Mzingwane High
FORMER Mzingwane High School pupils have donated 148 chairs and desks to the school as part of efforts to enhance learning at the institution.The donation comes at a time the school is facing ...Published: 28 Jun 2020 at 07:30hrs | 509 | by Staff reporter
RBZ confirms mobile money ban but keeps platforms open for small transactions
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to transact using the platforms.In a statement ye...Published: 28 Jun 2020 at 07:18hrs | 301 | by Staff reporter
'US$1 billion to back Zimbabwe forex auction'
Local banks have $1 billion in foreign currency accounts (FCAs) while the country has healthy inflows to sustain the newly introduced forex auction system that replaced the interbank with effect from ...Published: 28 Jun 2020 at 07:11hrs | 748 | by Staff reporter
'Zimbabwe food aid comes with condoms'
Faced with a decreasing condom uptake in the country because of the tight Covid-19 lockdown, the World Food Program (WFP) and United Nations Fund for Population Agency (UNFPA) have come up with a prog...Published: 27 Jun 2020 at 17:19hrs | 3681 | by Staff reporter
'Mnangagwa's govt will not print money'
THE government will not print more money to alleviate the cash shortages in the country, Deputy Finance minister Clemence Chiduwa, has said.Speaking in the National Assembly on Wednesday, Chid...Published: 27 Jun 2020 at 17:02hrs | 1487 | by Staff reporter
Zimbabwe poverty datum line more than doubles
THE poverty datum line has jumped by more than 100 percent from $3 398 in May to $8 484 in June, the country's statistical agency — the Zimbabwe National Statistics Agency (ZimStat) - revealed yeste...Published: 27 Jun 2020 at 17:00hrs | 569 | by Staff reporter
Bulawayo water problems littered with superstition and politics: Bajila
MDC Alliance activist Descent Bajila has bemoaned that the saddest issue about the Bulawayo Water Problem is that it is littered with too much superstition and too much politics but too little science...Published: 27 Jun 2020 at 10:42hrs | 2562 | by Stephen Jakes
Technical glitch adds to Bulawayo water woes
BULAWAYO City Council has shut down water pumps supplying water from Ncema Dam to the Tuli Reservoir due to a technical fault, forcing prolonged water supply interruption in the city. The problem come...Published: 27 Jun 2020 at 08:37hrs | 292 | by Staff reporter
Drax saga clouded by mist, says Judge
HIGH Court judge Justice Pisirayi Kwenda yesterday said the infamous Drax International COVID-19 tender scam, which has led to the arrest of Health minister Obadiah Moyo for criminal abuse of office, ...Published: 27 Jun 2020 at 08:34hrs | 1612 | by Staff reporter
Mnangagwa associate's bail ruling reserved
The High Court has reserved judgment in the case in which Delish Nguwaya is contesting the decision of the magistrates' court to deny him bail on charges of misrepresenting to Government that his comp...Published: 27 Jun 2020 at 08:05hrs | 204 | by Staff reporter
Blitz on traders refusing bond notes
Police have arrested seven traders who rejected bond notes and coins, which remain legal tender, and are ready to arrest anyone else reported for rejecting this legal cash. The blitz comes aft...Published: 27 Jun 2020 at 08:04hrs | 372 | by Staff reporter
Mnangagwa extols US, Donald Trump
PRESIDENT Emmerson Mnangagwa has praised United States President Donald Trump for allowing an American company to supply farming equipment to Zimbabwe in support of the country's agricultural mechanis...Published: 26 Jun 2020 at 18:16hrs | 1603 | by Staff reporter
Blood money as Army, Police fight to benefit from the Mozambique Islamic attack
The Institute for Global Threats and Democracies Studies has reported that the anti-riot police and the military forces of Mozambique are engaged in an acrimonious competition to benefit from the ...Published: 26 Jun 2020 at 14:21hrs | 4142 | by Mandla Ndlovu
'RBZ's forex auction system not panacea to Zimdollar volatility'
THE Confederation of Zimbabwe Industries (CZI) has cautioned that curtailing the increase in broad money supply, among a range of fiscal measures, would ensure the success of the foreign currency auct...Published: 26 Jun 2020 at 07:50hrs | 1952 | by Staff reporter
Covid-19 scandal: Procurement committee denies involvement
THE Special Procurement Oversight Committee (Spoc) has distanced itself from the ongoing Covid-19 scandal, saying all procurement was done through the Ministry of Health and Child Care in line with a ...Published: 26 Jun 2020 at 07:48hrs | 1154 | by Staff reporter
Obadiah Moyo ejected from cabinet meeting
EMBATTLED Health and Child Care minister Obadiah Moyo, who is on ZW$50 000 bail for alleged criminal abuse of office, was blocked from attending Tuesday's cabinet meeting by President Emmerson Mnangag...Published: 26 Jun 2020 at 07:48hrs | 6664 | by Staff reporter
Fuel prices spark public outrage
AS Zimbabwe's fuel crisis intensifies, we took time to track the number of times the Zimbabwe Energy Regulatory Authority (Zera) formally announced an increase in the price of fuel over the past 12 mo...Published: 26 Jun 2020 at 07:43hrs | 1916 | by Staff reporter
De-dollarisation recipe for disaster: Lessons from Peru
THE following are the numerous questions that need to be addressed about the Reserve Bank of Zimbabwe (legal tender) Regulations, SI 142.Has government addressed the fundamentals which lead to...Published: 26 Jun 2020 at 07:42hrs | 1612 | by Justice Dzama
'Zimbabwe slowly but surely re-dollarising'
GOVERNMENT last week announced a 50% increment and a Covid-19 allowance of US$75 for civil servants and US$30 for pensioners. This is despite government earlier banning the multi-currency regime and m...Published: 26 Jun 2020 at 07:39hrs | 1470 | by Staff reporter
How RBZ, govt sabotaged plans to restore Zimdollar
UNITED States $75 allowances and allowing retailers to trade in forex show a government shifting into reverse gear, possibly ditching two years' worth of policy steps to end dollarisation.The ...Published: 26 Jun 2020 at 07:26hrs | 6347 | by Staff reporter
Second regimen ARV shortage hits Zimbabwe
ZIMBABWEANS living with HIV and on the Second regimen of the antiretroviral may be forced to default or change one of their drugs following an announcement that there is a nationwide shortage of secon...Published: 26 Jun 2020 at 06:57hrs | 987 | by Staff reporter
Millers to withhold products from shops rejecting bond notes
THE Grain Millers Association of Zimbabwe (GMAZ) yesterday threatened to stop supplying their products to wholesalers and shops refusing bond notes and coins, which are still legal tender.Memb...Published: 26 Jun 2020 at 06:51hrs | 226 | by Staff reporter
Mnangagwa must stop reading prepared speeches
The Editor,Lately, I have been doing a lot of thinking about the Zimbabwe situation. I am one person who cheered President Mnangagwa (ED) on and was very hopeful that he will deliver for Zimba...Published: 25 Jun 2020 at 18:03hrs | 7128 | by Sam Wezhira
Corruption is nurtured not natured
My handset is still hot, result of a 'boiling point' debate on social media on who is causing the 'yo-yo' movement on our currency by supplying the money sold at street corners. The argum...Published: 25 Jun 2020 at 17:00hrs | 678 | by Thomas Tondo
Radical Economic Structural Transformation REST (part 5 of 10)
There is no doubt that without a fundamental structural transformation of our economy from a dualistic enclave economy, whose economic activity is mainly driven by the production of primary products, ...Published: 25 Jun 2020 at 16:45hrs | 281 | by Vince Musewe
HLF steps up Testing in Zimbabwe with free testing for the poor
Businessman and Africa Union Special Envoy Strive Masiyiwa has announced free COVID-19 testing in Zimbabwe, along with ramped up testing for the broader population at cost, through his Higherlife Foun...Published: 25 Jun 2020 at 16:41hrs | 551 | by Agencies
Jubilation as Strive Masiyiwa's ventilators arrive in the country
The Intensive Care Unit (ICU) ventilator suites that were donated by businessman and Econet founder Strive Masiyiwa are now in the country ready to be deployed.Through his Higher Life Foundati...Published: 25 Jun 2020 at 10:26hrs | 4418 | by Agencies
ZIMBOCASH activates payment platform with over 13,000 transactions in the first 2 days
ZIMBOCASH has enabled payments of its native token ZASH for Zimbabwean users. In the first two days following the launch, the platform has had 13 000 transactions and over 2 400 account activations on...Published: 25 Jun 2020 at 07:53hrs | 3666 | by Staff reporter
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