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Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 169 | by Staff reporter
Zimbabwe on course to break winter wheat production record
Zimbabwe is poised to set a new winter wheat production record, with farmers having already harvested over 490,000 tonnes this season, a milestone that highlights the nation's agricultural revival in ...Published: 03 Nov 2024 at 10:06hrs | 230 | by Staff reporter
Rains spark optimism for Zimbabwe's planting season
The recent rains across Zimbabwe have brought hope to farmers nationwide, with several regions receiving over 20mm of rainfall, a key marker for initiating the planting season. Notable downpours were ...Published: 01 Nov 2024 at 06:26hrs | 190 | by Sgtaff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 843 | by Tendai Ruben Mbofana
Zimbabwe-China trade hits $3 billion
Trade between Zimbabwe and China has surged in the first nine months of 2024, reaching a record $3 billion, marking a 25.6% year-on-year increase. Zimbabwe's exports to China stood at $2.1 billion, wh...Published: 30 Oct 2024 at 15:46hrs | 377 | by Staff reporter
9 power stations planned for Zimbabwe
Zimbabwe's energy sector is poised for a significant transformation next year, as nine new public and private power projects are expected to add 2,690 megawatts (MW) to the national grid. This increas...Published: 29 Oct 2024 at 07:32hrs | 636 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 186 | by Staff reporter
Chinese company to build lithium refinery plant in Zimbabwe
Sinomine Resource Group Co.'s Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money due to weak metal prices."We have ...Published: 01 Oct 2024 at 15:34hrs | 1895 | by Staff reporter
Zimbabwe govt targets 3,2m tonnes cereals
Zimbabwe's Government has mobilized inputs and resources to achieve a target of 3,274,200 tonnes of grains in the upcoming season, aiming to rebuild food reserves after a difficult harvest last year c...Published: 27 Sep 2024 at 08:16hrs | 112 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 242 | by Staff reporter
Zulu Lithium operations set for restart
In February this year, Premier announced its intention to raise £2,4 million (about US$3,15 million) to fund the Zulu project, which is situated in Insiza district, Matabeleland South Province....Published: 16 Sep 2024 at 08:43hrs | 411 | by Staff reporter
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9570 | by Staff reporter
BCC dismisses privatisation fears
The Bulawayo City Council (BCC) has reassured residents that there are no plans to privatise the city's water utility, clarifying that its separation from the engineering department was meant to prote...Published: 06 Sep 2024 at 07:12hrs | 88 | by Staff reporter
Zimbabwe foreign currency remittances hit US$1,2 billion
FOREIGN currency remittances surged by 16,5% to hit a record US$1,2 billion in the first half of 2024 leaving diasporans standing out as lucrative foreign currency earners for the economy.The ...Published: 26 Jul 2024 at 06:39hrs | 515 | by Staff reporter
Seat miscalculation in KZN: How the IEC got it wrong
The recent allocation of seats in the KwaZulu-Natal (KZN) provincial legislature has raised serious concerns about the accuracy and legality of the process. This article reveals the factual an...Published: 18 Jun 2024 at 07:09hrs | 2 | by Staff reporter
Solar plants for all Zimbabwe airports
The Airports Company of Zimbabwe (ACZ) is intensifying efforts to modernize the country's international airports into smart and environmentally sustainable hubs. ACZ plans to construct solar plants at...Published: 16 Jun 2024 at 09:12hrs | 1 | by Staff reporter
Mnangagwa praises Russian aid in struggle for independence
Zimbabwe considers its relations with Russia "excellent" and seeks to deepen ties, President Emmerson Mnangagwa said in an exclusive interview with RT on the sidelines of the St. Petersburg Internatio...Published: 08 Jun 2024 at 20:02hrs | | by Staff reporter
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | 1 | by Kenneth Mufuka
'Mealie-meal readily available'
THE Consumer Council of Zimbabwe (CCZ) has said surveys indicate that grain and mealie-meal are readily available in both the formal and informal markets, with the consumer watchdog expressing a...Published: 04 Apr 2024 at 06:14hrs | | by Staff reporter
Zimbabwe seeks US$2b to avert famine
PRESIDENT Emmerson Mnangagwa on Wednesday extended the begging bowl to raise over US$2 billion to avert starvation in Zimbabwe after declaring the El Niño-induced drought a state of disaster....Published: 04 Apr 2024 at 06:02hrs | 1 | by Staff reporter
Mnangagwa to declare drought state of disaster
ZIMBABWE is expected to declare the drought which is ravaging the country a state of disaster in a bid to marshal resources and avert possible starvation, NewsDay can reveal.President Emmerson...Published: 03 Apr 2024 at 06:05hrs | 10 | by Staff reporter
Zimbabwe politics is a rat race and the antagonists' trump cards are deception and betrayal
Zimbabwe's political system is not a caucus race but a rat race! Lewis Carroll in Alice in Wonderland explained what a caucus race is: "After swimming around in Alice's pool of tears...Published: 31 Mar 2024 at 16:29hrs | 10 | by Wilbert Mukori
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 1 | by Nomazulu Thata
Why US sanctions on Zimbabwe 'have not worked'
The United States is a global superpower. Its political and economic reach is massive and global in character. Look back in history and you can see how the US has so often made real changes to the wor...Published: 19 Mar 2024 at 19:54hrs | | by Eddie Cross
Zimbabwe says scorching El Niño pattern is withering corn crop
Zimbabwe warned that farmland planted with corn has shrunk by 12% because of scorching El Niño weather patterns, threatening the nation's food staple and potentially triggering surging prices and soc...Published: 13 Mar 2024 at 05:11hrs | 4 | by Staff reporter
'Mutapa Investment Fund mustn't become conduit for looting'
AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (M...Published: 11 Mar 2024 at 09:09hrs | 9 | by Staff reporter
Kariba Dam runs dry?
Zimbabwe and Zambia - already struggling with food shortages - are now reeling from low power generation at the Kariba power station due to the same underlying cause: El Niño.The climate syst...Published: 08 Mar 2024 at 05:14hrs | 6 | by Staff reporter
Zimbabwe varsity workers threaten strike over poor salaries
State university workers have threatened to down tools accusing the government of failing to pay decent salaries.The workers through their unions, the Zimbabwe State Universities Union of Acad...Published: 19 Feb 2024 at 04:54hrs | 1 | by Staff reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | 2 | by Staff reporter
Mnangagwa inputs abusers sentenced
Two men have been sentenced to five years imprisonment with hard labour after stealing Presidential inputs, which included 364 bags of Compound D fertiliser, from the Grain Marketing Board (GMB) Chara...Published: 31 Jan 2024 at 04:46hrs | | by Staff reporter
Zimbabwe's trade deficit reaches US$268,7million
ZIMBABWE exported goods worth US$550,6 million in December with three major export destinations South Africa, the United Arab Emirates and China accounting for about 73 percent of the total value, lat...Published: 30 Jan 2024 at 04:21hrs | 1 | by Staff reporter
Grains importing Zimbabwe claims to have enough grain until next harvest
ZIMBABWE has 240 000 tonnes in its Strategic Grain Reserves which is enough to take the country to the next harvest, according to a report released by the Ministry of Lands, Agriculture Fisheries, Wat...Published: 24 Jan 2024 at 04:47hrs | | by Staff reporter
China-Zimbabwe trade surges by 29.9% in 2023
Trade between China and Zimbabwe hit a record high of 3.12 billion U.S. dollars in 2023, reflecting a 29.9 percent increase from the previous year, the Chinese Embassy in Zimbabwe said Monday....Published: 23 Jan 2024 at 04:45hrs | 12 | by Staff reporter
Zimdollar worse off since 2022
THE local currency, the Zimbabwean dollar, has continued to depreciate against the United States dollar on an unrestrained trajectory, despite various measures implemented by the Reserve Bank of Zimba...Published: 03 Dec 2023 at 19:20hrs | 8 | by Tinashe Duma
Zimbabwe records 468 000t wheat harvest
The successful land reform paid dividends to wheat farmers this season following the attainment of a resounding record wheat harvest of 467 905 tonnes compared to 375 000 tonnes last season with farme...Published: 28 Nov 2023 at 05:17hrs | | by Staff reporter
Depleted local food produce constrains access to income ahead of 2024 season: FEWS NET
The Famine Early Warning Systems Network (FEWS NET) has reported that depleted own-produced food stocks, has constrained access to income, and high food prices will likely drive Crisis (IPC Phase 3) o...Published: 27 Nov 2023 at 13:26hrs | 8 | by Stephen Jakes
David Coltart in talks with Aberdeen to revive Bulawayo
BULAWAYO mayor David Coltart says he recently met Lord Provost David Cameron of Aberdeen in Scotland to explore ways to strengthen the two cities' twinning arrangement.Coltart said he recently...Published: 15 Nov 2023 at 05:10hrs | 6 | by Staff reporter
Mthuli Ncube to prioritise Zimdollar stability
FURTHER stabilising the Zimbabwe dollar and consolidating economic growth will be prioritised in the 2024 budget, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube...Published: 12 Nov 2023 at 11:43hrs | 8 | by Staff reporter
Zimbabwe food inflation spike cause for concern
High food inflation in Zimbabwe is causing growing concern as it accounts for over a third of households' expenses, according to a report titled "Southern Africa Regional Supply and Market Outlook" by...Published: 30 Oct 2023 at 05:20hrs | 1 | by Staff reporter
Zimbabwe wheat farmers urged to expedite harvesting ahead of rainy season
Wheat farmers have received an urgent appeal to accelerate the harvesting of their winter crop in anticipation of the upcoming rainy season next week. The Ministry of Lands, Agriculture, Fisheries, Wa...Published: 29 Oct 2023 at 18:22hrs | | by Staff reporter
Zimbabwe prisons target food self-sufficiency
The Zimbabwe Prisons and Correctional Service (ZPCS) is working on building adequate food reserves independently, without relying on government budget allocations, to feed its roughly 22,000 inmates. ...Published: 12 Oct 2023 at 06:44hrs | | by Staff reporter
Mnangagwa's Mutapa Fund likely to create oligarchs
FEARS abound that President Emmerson Mnangagwa's self-serving Mutapa Investment Fund project has hallmarks of how Russian state assets were sold for a song or brazenly stolen during its transition fro...Published: 09 Oct 2023 at 13:50hrs | | by Staff reporter
Zimbabwe's govt to privatise 20 enterprises under Mutapa
The government is considering removing the public entity status of the 20 State-owned enterprises (SOEs) that fall under the Mutapa Investment Fund, leading to debates regarding their procurement exem...Published: 03 Oct 2023 at 06:21hrs | | by Staff reporter
Mnangagwa's Mutapa fiasco raises eyebrows
Observers have raised concerns over President Emmerson Mnangagwa's decision to transfer the shareholding of 20 state-owned companies to the renamed Mutapa Investment Fund (MIF) without parliamentary i...Published: 24 Sep 2023 at 09:09hrs | | by Staff reporter
Bulawayo rarely buys mayoral cars
Bulawayo Mayor, Councillor David Coltart's recent statement about rejecting the procurement of a mayoral vehicle has been revealed as a non-issue, as it turns out that the local authority last purchas...Published: 24 Sep 2023 at 09:01hrs | 1 | by Staff reporter
Mutapa looting machine
PRESIDENT Emmerson Mnangagwa is full of surprises.He wants to be seen to be doing something and, in many instances, creates new offices that in reality are as clear as mud.Mutapa Inves...Published: 23 Sep 2023 at 21:34hrs | | by Paidamoyo Muzulu
Mnangagwa gives Sovereign Wealth Fund of Zimbabwe a tribal name
PRESIDENT Emmerson Mnangagwa has changed the name of Sovereign Wealth Fund of Zimbabwe (SWFZ) to Mutapa Investment Fund through Statutory Instrument (SI) 156 of 2023 gazetted on Wednesday.SWFZ...Published: 20 Sep 2023 at 19:08hrs | | by Staff reporter
Zimbabwe urged to cut sugar imports to avert collapse of local industry'
To safeguard local producers grappling with declining sales, it is advisable to halt sugar imports into Zimbabwe. Concerns have arisen that by March of next year, the country could find itself burdene...Published: 19 Sep 2023 at 06:25hrs | | by Staff reporter
Zimdollar future hangs in the balance
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...Published: 12 Sep 2023 at 06:33hrs | | by Eddie Cross
Zimbabwe slowing getting back to its feet at 43
IN 1893 my ancestors raised the Union Jack in a place they called Salisbury, in the middle of what is now called southern Africa. That is 130 years ago and for the next 87 years this tiny group of whi...Published: 05 Sep 2023 at 06:19hrs | | by Eddie Cross
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