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Cross, Ncube's reforms will never deliver economic prosperity not as long as Zimbabwe remains a pariah state
"People of Zimbabwe deserve a new day" wrote Eddie Cross in Bulawayo24. Mr Cross was writing about Zimbabwe's economic chaos, the country has already claimed the position of being the poorest ...Published: 2 hrs ago | 1198 | by Patrick Guramatunhu
Chiwenga aborts flight back to Zimbabwe
ZIMBABWE'S troubled Vice President Constantino Chiwenga's plane was Friday forced to abort take-off after developing a "snag" some moments before the ex-military boss was about to fly back home from I...Published: 13 hrs ago | 4286 | by newzimbawe
MDC National Council Resolutions
The MDC National Council met today, 22 February 2019 at the party headquarters Morgan Richard Tsvangirai House, 44 Nelson Mandela Avenue and made the following resolutions1. The National Situa...Published: 14 hrs ago | 650 | by MDC
$400m NRZ deal set to top Mnangagwa - Ramaphosa talks
THE National Railways of Zimbabwe (NRZ) US$400 million deal will be one of the key items on the agenda during the South Africa-Zimbabwe bi-national commission meetings when South African President Cyr...Published: 22 Feb 2019 at 09:14hrs | 740 | by Staff reporter
People of Zimbabwe deserve a new day
ON Wednesday this week, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya presented a long-awaited monetary policy statement.This had been expected in January and was postponed several tim...Published: 22 Feb 2019 at 09:10hrs | 1065 | by Eddie Cross
Mthuli Ncube declares war on inflation
Finance and Economic Development Minister Professor Mthuli Ncube says Government will continue to implement appropriate fiscal measures to bring inflation down to single-digit levels by year end. ...Published: 21 Feb 2019 at 22:50hrs | 5274 | by Staff reporter
Mthuli Ncube says Zimbabwe's inflation rate is being misread
Finance Minister Mthuli Ncube has said the country’s inflation rate, which surged to the highest annual level since a hyperinflation blowout a decade ago, is being misread and the measure of monthly...Published: 21 Feb 2019 at 17:10hrs | 4811 | by Bloomberg
NetOne donates to ZRP
Zimbabwe's second largest mobile network provider NetOne has signed a donation agreement with the Zimbabwe Republic Police (ZRP) traffic department in a bid to decongest the capital city. The ...Published: 21 Feb 2019 at 10:58hrs | 1351 | by Simbarashe Sithole
'Monetary Policy Statement will bring sanity' says RBZ Governor - will not and never will as long as insane rule the roost
The primary objective of the Reserve Bank of Zimbabwe's (RBZ) long awaited Monetary Policy Statement was to bring sanity to Zimbabwe's chaotic economic world, especially the madness in financial and c...Published: 21 Feb 2019 at 09:14hrs | 1155 | by Nomusa Garikai
For economy to take off, we must take air out of inflation
What is inflation and why must we get it under control? What has been going wrong, and how are we putting things right? As an Economics Professor, its important I first explain the basics. In ...Published: 20 Feb 2019 at 23:22hrs | 1463 | by Prof Mthuli Ncube
BCC in financial dire straits
The Bulawayo City Council financials are in the red, a development officials equated to being technically insolvent. The crisis saw the local authority calling for an emergency financial perfo...Published: 20 Feb 2019 at 22:38hrs | 288 | by Staff reporter
Local authorities seek exemption from 2c tax
LOCAL authorities have appealed to Government seeking exemption from the two percent Intermediated Money Transfer Tax, which they say is impacting negatively on effective use of road fund allocations ...Published: 19 Feb 2019 at 22:40hrs | 1204 | by Staff reporter
It's squeaky bum time for unsung Mangudya
Like many Manchester United fans around the world missing the good old days, I also regularly find myself reminiscing about the managerial prowess of Sir Alex Ferguson, whose inimitable success at one...Published: 19 Feb 2019 at 17:13hrs | 2995 | by Guthrie Munyuki
Toyota Quantum is getting a new design - and better safety features
For the first time in 15 years, Toyota has revealed a new-generation Quantum van and bus range with advanced safety features, powerful new engines, enhanced ride comfort and increased specification, a...Published: 18 Feb 2019 at 23:56hrs | 6190 | by Staff Writer
Mnangagwa and his love for expensive jets
At a time when Finance minister Mthuli Ncube is implementing austerity measures that have only brought more suffering to ordinary Zimbabweans, President Emmerson Mnangagwa is behaving as if he is from...Published: 18 Feb 2019 at 13:45hrs | 5286 | by Benjamin Manzini
Farewell Dr. Charles Muzuva Mungoshi
As I did farewell our champion, hero, mind liberator and academic warrior, I must admit that we have been left with a seat too high to occupy and a bar not that easy to reach. We shall write but the s...Published: 18 Feb 2019 at 11:00hrs | 731 | by Tapiwa Kapurura
3 reasons why it's all going wrong for Mnangagwa
HOW did things turn so bad for Zimbabwe's President Emmerson Mnangagwa?He won the disputed July 30 2018 elections, but even before the results were officially announced, protesters were being ...Published: 18 Feb 2019 at 07:09hrs | 1083 | by Stephen Chan
We can import knowledge, technology to boost the economy
AS our government continues with the belief that borrowing money is one of the means to kickstart the economy, perhaps they can be reminded that they can also import new knowledge and technology, whic...Published: 18 Feb 2019 at 07:06hrs | 106 | by Tapiwa Gomo
Zimbabwe fuel marking will deter smuggling
Energy and Power Development Minister Joram Gumbo says his ministry has requested funding, potentially several millions of dollars from Treasury, to start fuel marking to curtail illegal activit...Published: 18 Feb 2019 at 06:50hrs | 459 | by Staff reporter
German Methods can work in Zimbabwe
After World War II, in 1945 Germany was divided into two with the United States, Great Britain, and France occupying the western portion of Germany and the Soviet Union occupying eastern Germany. Its ...Published: 17 Feb 2019 at 23:02hrs | 1796 | by Engineer Jacob Kudzayi Mutisi
Redefining the role of government in an economy
The Zimbabwean economy has over the years been largely dominated by the government as the law maker, the regulator, business owner (competitor/supplier), consumer, financier and tax collector at the s...Published: 17 Feb 2019 at 22:55hrs | 222 | by Victor Bhoroma
Zimbabwe urgently needs own currency
THE drive for Zimbabwe to have its own currency is understandably gain-ing traction, particularly given the aberrations of price increases, multi-tier pricing and foreign currency shortages on the loc...Published: 17 Feb 2019 at 18:44hrs | 5155 | by Edmore Ndudzo
Zimbabwe's business people must actively consider running for Parliament,
Zimbabwe's business people must actively consider running for Parliament, a former United Nations under-secretary general has said, adding it would be their only path to influence public policy as the...Published: 17 Feb 2019 at 16:13hrs | 1092 | by Staff reporter
How cryptocurrencies can rescue Zimbabwe
On September 17, 2018 media houses were abuzz with the news that the then newly appointed Finance minister Mthuli Ncube was considering cryptocurrencies as an option for Zimbabwe's economic turnaround...Published: 17 Feb 2019 at 08:00hrs | 646 | by Masotsha Charles Matlobo
Avalanche of blunders gives Mangudya guts to challenge 'Tzar' Ncube - another sneak resignation on card
Rumour has it that Minister of Finance, Professor Mthuli Ncube, and the Governor of Reserve Bank of Zimbabwe Dr John Mangudya are failing to agree on key monetary policies including when Zimbabwe shou...Published: 16 Feb 2019 at 21:04hrs | 6174 | by Nomusa Garikai
'Magaya church not paying tax'
THE Walter Magaya-led Prophetic Healing and Deliverance Ministries was yesterday accused before a Harare magistrate of violating the Income Tax Act after failing to declare tax sales of over $28,7 mil...Published: 16 Feb 2019 at 20:17hrs | 2301 | by Staff reporter
Zimbabwe now facing condom crisis
Zimbabwe is now facing condom challenges as donors are pulling back.This was said by the Director of AIDS and TB Unit in the Ministry of Health and Child Care, Dr Owen Mugurungi at the Interna...Published: 15 Feb 2019 at 15:12hrs | 6349 | by Staff reporter
Prophet Magaya and wife did not pay tax on mega salaries
Prophetic Healing and Deliverance Ministries founder Prophet Walter Magaya is paid $40,000 per month, a court heard on Friday.Between January 2013 and December 2017, Magaya netted $2,4 million...Published: 15 Feb 2019 at 14:46hrs | 10848 | by ZimLive
'Is Mnangagwa's govt pro-poor or Queen B?'
MDC legislators on Wednesday grilled Justice, Legal and Parliamentary Affairs minister, Ziyambi Ziyambi over the effects of government's austerity measures while bigwigs are living an extravagant life...Published: 15 Feb 2019 at 14:42hrs | 1910 | by Staff reporter
The Mnangagwa regime
This article was first published by the House of Commons Libra...Published: 15 Feb 2019 at 14:35hrs | 987 | by House of Commons Library
Zimbabwe not yet ready for national dialogue
This Tuesday I wrote an analytic piece on how our main political leaders Pres Chamisa and Pres Mnangagwa have all used their political posturing skills at the expense of the nation's economic, politic...Published: 15 Feb 2019 at 11:53hrs | 2081 | by Terence Simbi
Government committed to implementing reforms
The new administration under the leadership of President Emmerson Mnangagwa has shown serious commitment in amending major reforms, which are mainly economic, political and media reforms, as shown by ...Published: 15 Feb 2019 at 11:45hrs | 1028 | by Gift Mashoko
Minister Ncube's 2% tax caused 16% economic decline - austerity for pain's sake, no gain
"Finance minister Professor Mthuli Ncube introduced the 2% per every dollar transaction tax in October last year as part of his "austerity for posterity" measures in a development which saw him receiv...Published: 15 Feb 2019 at 09:45hrs | 2168 | by Nomusa Garikai
Fears of imminent maize meal price increases
1. Fears of imminent maize meal price increases have been extensively speculated in both the main stream and social media. This has, to a large extent, Fueled panic buying with some unscrupulous retai...Published: 15 Feb 2019 at 09:30hrs | 1089 | by GMAZ
Impounded smuggled goods overwhelm Zimra
ZIMRA is overwhelmed by impounded smuggled goods that are piling and taking up space at three warehouses in Mutare.Zimra regional manager Mr Innocent Chikuni told heads of Government departmen...Published: 15 Feb 2019 at 08:31hrs | 366 | by Staff reporter
Ncube, Mangudya policy tussle on monetary policy statement
POLICY efficacy doubts - both fiscal and monetary - in supporting a liberalised foreign currency market, effectively discarding the 1:1 US dollar-bond note/RTGS dollar peg, have arguably been the main...Published: 15 Feb 2019 at 08:27hrs | 512 | by Brett Chulu
Mthuli Ncube, Mangudya in bitter fight over new Zimdollar
PRESIDENT Emmerson Mnangagwa has been forced to intervene in a growing turf war between Reserve Bank of Zimbabwe governor John Mangudya and his boss Finance minister Mthuli Ncube on the path Zimbabwe ...Published: 14 Feb 2019 at 15:51hrs | 19739 | by Staff reporter
Ncube to ask USA to lift sanctions - he must say whether elections free? Then slap him with sanctions too!
"Finance minister Mthuli Ncube is expected to travel to Washington next month and engage with US lawmakers to lift the sanctions imposed since 2001. But his trip is likely to be overshadowed by t...Published: 14 Feb 2019 at 09:21hrs | 1755 | by Patrick Guramatunhu
Biti warns of Rwanda-scale genocide in Zimbabwe
MDC deputy national chairman Tendai Biti has likened the recent brutalisation of civilians by the security forces to the Rwanda genocide of 1994 which claimed 800,000 lives.He was speaking dur...Published: 14 Feb 2019 at 08:07hrs | 1454 | by newzimbabwe
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | 1420 | by Mike Murenzvi
2% tax challenge, judgment reserved
High Court judge Justice Happius Zhou has reserved judgment in an application filed by pro-democracy activist Mfundo Mlilo, seeking an order to suspend the 2% electronic transactions tax introduced by...Published: 14 Feb 2019 at 07:30hrs | 611 | by Staff reporter
Prophet Magaya, Chivayo cornered
Prophetic Healing and Deliverance (PHD) Ministries leader Walter Magaya has been summoned by the police for allegedly evading $22 million tax, while Wicknell Chivayo appeared in court yesterday for al...Published: 14 Feb 2019 at 07:09hrs | 1236 | by Staff reporter
Zimra collects $516m in January
The government has realised $516 million from tax collections in January, according to official statistics from the Zimbabwe Revenue Authority. The governme...Published: 13 Feb 2019 at 15:33hrs | 1055 | by Staff reporter
Zimbabwe sanctions' myth - countries with tougher sanctions performing better
When the Robert Gabriel Mugabe regime was toppled in a military coup in November 2017, most people believed that his successor's much touted 'new dispensation' would do away with excuses for the gover...Published: 13 Feb 2019 at 13:28hrs | 2112 | by Tendai Ruben Mbofana
ZBC takes 5 ex-bosses to court over $6m prejudice
The Zimbabwe Broadcasting Corporation (ZBC) has dragged its four ex-senior executives and former board chairperson Cuthbert Dube to court for allegedly illegally benefitting themselves from $6 million...Published: 13 Feb 2019 at 08:46hrs | 1766 | by Staff reporter
Egodini developer recruits 65 people
BULAWAYO's Egodini Mall developer, Terracotta Private Limited, has so far recruited 65 people to work on the initial stages of the multi-million dollar project. The Bulawayo City Council award...Published: 12 Feb 2019 at 22:23hrs | 836 | by Staff reporter
2c tax yields $50m in January
TREASURY collected a total of $50 million in January 2019 alone through the two percent electronic transfer tax from the transacting public, a senior Government official has said. Accountant-G...Published: 12 Feb 2019 at 22:23hrs | 532 | by Staff reporter
Riot police sold a dummy
Residents in the western areas of the second city woke up yesterday to see a huge presence of riot police who were anticipating another round of protests.Apparently, the police were reacting t...Published: 12 Feb 2019 at 10:51hrs | 4217 | by Staff reporter
Is Mnangagwa's Advisory Council Legal?
Editor,Please, allow me to ask lawyers if it is legal for the president to appoint a second cabinet without wide consultations. It is obligatory for cabinet ministers to seek sound advice conc...Published: 12 Feb 2019 at 10:46hrs | 646 | by Concerned Citizen
Chiwenga under fire over India trip
VICE-PRESIDENT Constantino Chiwenga's regular visits to foreign hospitals have drawn renewed fire from hard-pressed Zimbabweans, who yesterday called on President Emmerson Mnangagwa's government to pr...Published: 12 Feb 2019 at 07:34hrs | 1792 | by Staff reporter
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