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Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1678 | by Staff reporter
Harare among Africa's least liveable cities
The annual report, compiled by the Economist Intelligence Unit (EIU), measures cities based on stability, healthcare, education, infrastructure, and environment, key indicators that affect overall qua...Published: 16 Jul 2025 at 13:14hrs | 483 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2595 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
Ghana's John Mahama projected to unseat ruling party in December election
Ghana's main opposition leader and former president, John Dramani Mahama, appears to be the front-runner in the upcoming December presidential election, according to an opinion poll released on Monday...Published: 11 Nov 2024 at 13:46hrs | 505 | by Staff reporter
'Chamisa is immature, I have been vindicated'
Retired politician Eddie Cross has publicly criticized former Citizens Coalition for Change (CCC) president Nelson Chamisa, suggesting that his leadership inadequacies contributed to the fragmentation...Published: 19 Oct 2024 at 12:15hrs | 2425 | by Staff reporter
'RBZ's monetary policy not the root cause of ZiG devaluation'
Recent findings by an anonymous economist suggest that the Reserve Bank of Zimbabwe's (RBZ) monetary policy may not be the root cause of the depreciation of the Zimbabwean dollar (Zig). The analysis e...Published: 02 Oct 2024 at 11:36hrs | 1363 | by Staff reporter
Govt blitz as traders dump Zimdollar
THE Consumer Protection Commission together with the police and the Financial Intelligence Unit has launched a blitz on businesses refusing to accept the Zimdollar following the launch of a new curren...Published: 09 Apr 2024 at 06:22hrs | 1 | by Staff reporter
Cross fights in Tagwirei's corner
BUSINESS tycoon Kudakwashe Tagwirei made his wealth in the fuel sector and did not use any political connections to achieve his status, President Emmerson Mnangagwa's biographer Eddie Cross has said....Published: 25 Mar 2024 at 05:29hrs | 4 | by Staff reporter
Zimbabwe govt warned over Starlink dithering
EXPERTS have cautioned the Zimbabwean government against impeding technological advancement as that will be akin to trying to stop the wind or hold something with greased hands.The warning com...Published: 10 Mar 2024 at 06:58hrs | 35 | by Staff reporter
Economic gloom feeds Christmas rush to get passports to leave Zimbabwe
Atop many Christmas wish lists in economically troubled Zimbabwe is a travel document, and people are flooding the passport office this holiday season ahead of a price hike planned in the New Year....Published: 25 Dec 2023 at 08:44hrs | 11 | by Associated Press
Parting Thoughts from 2023 Zimbabwe Coconut Reforms
It is not a secret that the rotten state or the coconut republic of Zimbabwe must be reformed and replaced with a well-functioning state. To establish a functional state, reform is needed in political...Published: 20 Dec 2023 at 22:45hrs | 19 | by Sam Wezhira
Professor Ncube readies Zimbabwe's budget
AS Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, readies to present the 2024 National Budget tomorrow, expectations are high that it will consolidate prevail...Published: 29 Nov 2023 at 05:08hrs | 16 | by Staff reporter
Mnangagwa critic fires from ZimTrade board
Gift Mugano, a government critic, has been swiftly removed from his position on the ZimTrade board.James Manzou, the secretary of the Ministry of Foreign Affairs, did not provide a specific re...Published: 04 Oct 2023 at 20:30hrs | 6 | by Staff reporter
Money can't buy love, votes
AS many Zimbabweans seem to tire from the controversy surrounding the results from last week's harmonised elections, some are still wondering how certain candidates lost the polls.Yes, the deb...Published: 29 Aug 2023 at 07:06hrs | 1 | by Staff reporter
Brics+ plans gold-backed currency
WORLD countries coalescing under the banner of the Brics alliance which brings together Brazil, Russia, India, China, and South Africa are preparing to strike a blow against the United States dollar's...Published: 16 Jul 2023 at 13:53hrs | 13 | by Staff reporter
Travellers can now take out US$10 000 cash
THE Reserve Bank of Zimbabwe yesterday doubled the amount of foreign currency in cash someone can physically carry on their person or in their baggage out of the country to US$10 000.Far large...Published: 02 Mar 2023 at 05:45hrs | 2 | by Staff reporter
Zimbabwe opposition disunity promotes Mnangagwa's rule
RENOWNED economist, Dr Godfrey Kanyenze has blamed disunity among the country's opposition political parties for propping up President Emmerson Mnangagwa's ascendancy and leaving foreign allies with n...Published: 14 Nov 2022 at 05:25hrs | | by Staff reporter
Chamisa is trying to re-brand himself as a constructive opposition figure
Born-Again Nelson?I NOTICE Nelson Chamisa is trying to re-brand himself as a constructive opposition figure, constructive in the mould of his bete noire...Published: 02 Oct 2022 at 19:06hrs | 3 | by Jamwanda2
US economist says ZimStat boss talking 'rubbish'
AMERICAN economics professor Steve Hanke, who came under fire in Zimbabwe on Wednesday for cooking inflation data, has described the criticism as "rubbish" and defended his controversial formula....Published: 19 Aug 2022 at 06:44hrs | 1 | by Staff reporter
RBZ gold coins to strengthen Zimdollar
The Reserve Bank of Zimbabwe (RBZ) last week, following a resolution agreed on by its Monetary Policy Committee (MPC), announced plans to introduce gold coins to be used as a new investment tool to st...Published: 04 Jul 2022 at 06:54hrs | | by Staff reporter
Harare ranks 4th expensive African city
HARARE has been ranked the fourth most expensive African city to live in out of 15 sampled cities, as authorities accuse businesses of conniving to push up the cost of living.This is according...Published: 11 Jun 2022 at 09:09hrs | 10 | by Staff reporter
Harare top five on list of Africa's most expensive cities
ZIMBABWE'S capital Harare has been ranked fourth on the list of Africa's most expensive cities to live in.Top of the 15-city list was the Senegalese capital Dakar followed by Addis Ababa in Et...Published: 10 Jun 2022 at 08:36hrs | 19 | by Staff reporter
'Zimdollar dead by next month'
TWO of Zimbabwe's most respected economics professors have warned government to bite the bullet and redollarise because the Zimdollar "would be dead soon".Professors Gift Mugano and Anthony Ha...Published: 27 May 2022 at 06:47hrs | 3 | by Staff reporter
Banks: If gold rusts, what will iron do?
Native Commissioner Oates, I presume!LORD Jonathan Oates' ambition is becoming a latter-day colonial Native Commissioner.Too late chum, both by age and history! Still both don't deter ...Published: 14 May 2022 at 06:22hrs | 6 | by @Jamwanda2 on Saturday
'Zimbabwe to dollarise by June'
A TOP economist has warned that Zimbabwe's economy could dollarise by June.Gift Mugano, a leading economist and executive director at Africa Economic Development Strategies, spoke as Reserve B...Published: 18 Feb 2022 at 05:34hrs | 2 | by Staff reporter
Zimbabwe industrialists expose gaps in Mnangagwa's re-engagement push
CALLS for government to get serious with its re-engagement drive have intensified, with industrialists and economists reminding President Emmerson Mnangagwa's administration to avoid building ties wit...Published: 06 Feb 2022 at 06:57hrs | | by Staff reporter
Eddie Cross pens Mnangagwa's biography
Former MDC-T policy advisor Mr Eddie Cross authored, 'A Life of Sacrifice', the biography of President Emmerson Mnangagwa which was officially unveiled today at the State House in Harare.The M...Published: 05 Aug 2021 at 12:59hrs | | by Staff Reporter
Pandemic jump-starts Zimbabwe online retail sales
Kenneth Mudzingwa has worked and studied in Turkey for five and a half years. To help his two siblings with groceries, the Zimbabwean citizen used a money transfer service that sometimes took days....Published: 03 Aug 2021 at 08:06hrs | 2 | by Staff reporter
Biti says the introduction of $50 note is criminal
TOP economists are confident that the new $50 notes, introduced by the Reserve Bank of Zimbabwe Tuesday, will not trigger inflationary pressures.However, former Finance Minister Tendai Biti di...Published: 07 Jul 2021 at 16:30hrs | 2 | by Staff reporter
Zambia hurtling towards contested elections
THERE is something to a name after all, it seems.The late "King Cobra", Michael Sata, broke away from the Movement for Multi-Party Democracy (MMD) and formed his own party, the Patriotic Front...Published: 30 May 2021 at 08:55hrs | 1 | by Staff reporter
Why Zimbabwe must dollarise again
THE Reserve Bank of Zimbabwe (RBZ)'s new Monetary Policy Committee (MPC) hit the ground running on March 26, announcing a raft of policy measures to sustain the fragile stability that has seen inflati...Published: 15 Apr 2021 at 07:32hrs | 10 | by Taurai Mangudhla
Experts urge bold steps to revitalize Zim's telcos as sector battles multiple challenges
MOBILE telecom operators adjusted their promotional bundle prices this week as the sector battles multiple challenges spurred by rising input costs that industry experts fear have pushed the sector to...Published: 12 Mar 2021 at 11:32hrs | 1 | by Agencies
State entities dominate forex allocations, says Cross
STATE firms and government departments are collecting a significant amount of funds allocated at the Reserve Bank of Zimbabwe (RBZ)'s foreign currency auction system weekly, crowding out the private s...Published: 29 Jan 2021 at 07:03hrs | | by Staff reporter
Covid-19: Experts say Zimbabwe return to normalcy in 2024
ZIMBABWE and other developing countries with little or no capacity to buy Covid-19 vaccines might only return to pre-coronavirus normalcy at the end of 2024, experts from the Economists Intelligence U...Published: 22 Jan 2021 at 06:52hrs | 3 | by Staff reporter
Afro-Sino economic relations in the 21st Century: Mixed Reactions and Misinterpretations
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National U...Published: 04 Jan 2021 at 19:21hrs | 21 | by Livingstone Kazizi
Zimbabwe pins hopes on vaccine as Covid-19 infections rise again
The New Year's plea from many in Zimbabwe is the arrival of a Covid-19 vaccine as soon as possible, as the country's festive season was dampened by fears fuelled by a second wave of infections....Published: 30 Dec 2020 at 17:22hrs | | by Staff reporter
African leaders now smell like goats!
The Lord really works in mysterious ways.It has come full circle for Evo Morales.The former president of the South American country of Bolivia will be returning home on Wednesday this ...Published: 08 Nov 2020 at 07:01hrs | 1 | by Staff reporter
Zimbabweans turn to sex work amid economic crisis and COVID-19
DRESSED in a mini-skirt and blouse, Esther Kamupunga stood in semi-darkness waiting for men looking for sex the latest Zimbabwean to lose her job in a deepening economic crisis, worsened by the new co...Published: 31 Oct 2020 at 06:13hrs | 1 | by Staff reporter
Zimbabwe set to lose $1 billion in potential revenue
ZIMBABWE'S cash-strapped government is set to forgo over $1 billion in revenues from the intermediated money transfer tax (IMTT) as a result of policy inconsistencies, analysts have said.The g...Published: 30 Aug 2020 at 10:58hrs | | by Staff reporter
Namibian expert raps MDC-Alliance
The MDC-A has become panicky as signs of economic stability, which naturally undermines its relevance, begin to set in, a Namibian-based economist has said.Dr Drian Kashkongo, a lecture at a u...Published: 25 Aug 2019 at 09:24hrs | 9 | by Staff reporter
Mnangagwa's government: The mask has slipped
In April last year, on these pages, I expressed concern at President Emmerson Mnangagwa and his government's obvious fascination with Rwanda and China.On the face of it, it seemed as if Mnanga...Published: 22 Aug 2019 at 07:45hrs | 2 | by Nqaba Matshazi
The perfect storm is coming
I do not know what we have to say or do to get those in authority here to get them to understand that if they do nothing, Zimbabwe is headed for a political storm which could change everything or even...Published: 11 Jul 2019 at 11:56hrs | 1 | by Eddie Cross
Black market loses grip
Some illegal foreign currency dealers have been pushed out of "business" as Statutory Instrument (SI) 142 of 2019 effects continue to hold fort on the foreign exchange market, forcing rates to tumble....Published: 03 Jul 2019 at 08:36hrs | 1 | by Staff reporter
Economists warn against USD-based prices
The Economists Roundtable has implored businesses to stop pegging prices of goods and services against the value of the US dollar since the costs they incur are in local currency. The call fol...Published: 27 Jun 2019 at 06:31hrs | | by Staff reporter
Zimbabwe struggles to keep its fledgling currency 'zollars' alive
MOST CURRENCIES have snappy names, like yen, won, kip or lek. Some have unfortunate ones: dong or colón. Few have names as cumbersome as Zimbabwe's Real-Time Gross-Settlement Dollars, also known as R...Published: 24 May 2019 at 07:41hrs | 4 | by The Economist
US economist ranks Zimbabwe second most miserable country in the World
Are Zimbabweans truly miserable?“I have learned now that while those who speak about one's miseries usually hurt, ...Published: 02 Apr 2019 at 08:17hrs | 2 | by Amenna Dayo
Fixing Zimbabwe's broken reputation chain
The Economist Intelligence Unit's livability survey 2018, pitches Harare, in Zimbabwe, in the 10 least "livable" in the world out of the 140-city sample.Harare is ranked number 135, only eclip...Published: 22 Mar 2019 at 07:02hrs | | by Staff reporter
Exposed: The men who are causing mass suffering in Zimbabwe
The Reserve Bank Governor gave a monetary policy statement which was exactly two months late. The delay was caused by a power struggle within those in finance corridors of power namely the minister of...Published: 25 Feb 2019 at 07:36hrs | 3 | by Dr Masimba Mavaza
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 | 1 | by Prof Mthuli Ncube
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