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Mthuli Ncube promises new currency
Finance minister Mthuli Ncube says government is drafting reforms that will see Zimbabwe eventually introducing its own currency.Ncube, who is in New York for the United Nations General Assemb...Published: 21 hrs ago | 6683 | by Staff reporter
New rules for Zimsec exams
SCHOOLS will no longer be allowed to collect examination papers days before the examination date but will collect and return each paper to the cluster centre on the day of sitting as part of measures ...Published: 22 hrs ago | 2262 | by Staff reporter
Veld fire kills mom, child
A GURUVE woman and her one-year-old daughter were last week burnt by a veld fire. Patience Chikowore (32) and her daughter were on their way home from their tobacco nursery at Birkdale Farm. ...Published: 20 Sep 2018 at 06:43hrs | 283 | by Staff reporter
SA court legalises private cannabis use
South Africa's Constitutional Court has ruled that the personal use of cannabis is not a criminal offence.Deputy Chief Justice Raymond Zondo said the law banning marijuana use by adults was un...Published: 18 Sep 2018 at 11:22hrs | 1859 | by Staff Reporter
Mthuli Ncube secures $250m loan
The new Minister of Finance and Economic Development, Professor Mthuli Ncube has secured a $250 million commercial loan facility from an international finance company, Gemcorp through the Reserve Bank...Published: 17 Sep 2018 at 19:58hrs | 10513 | by Staff reporter
ZimTrade urges value-added trade
ZimTrade, Zimbabwe's export promotion institution, has called for the deepening of valued-added manufacturing on current exports to Germany to diversify the country's export basket and scale up global...Published: 17 Sep 2018 at 06:57hrs | 45 | by Staff reporter
'Zimbabweans should look beyond the horizon'
ZIMBABWEAN businesses should look beyond the horizon of challenges and grab available investment opportunities under the new dispensation to help transform the country's economy, Steward Bank chief ex...Published: 13 Sep 2018 at 06:17hrs | 63 | by Staff reporter
Mthuli Ncube embarks on stakeholder listening & consulting roadshow
Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry.&nbs...Published: 12 Sep 2018 at 12:46hrs | 8169 | by Agencies
Mnangagwa's new Cabinet to be sworn in today
President Mnangagwa will today swear in his newly appointed Cabinet of 20 members, 13 deputy ministers and nine provincial ministers, to come up with policies that can steer the nation out of its prol...Published: 10 Sep 2018 at 06:43hrs | 191 | by Staff reporter
Zimbabwe's biggest winner in China
The Zimbabwean economy will emerge the biggest winner following President Mnangagwa's attendance at the 2018 Beijing Summit of the Forum on China – Africa Co-operation (FOCAC).With Chinese P...Published: 09 Sep 2018 at 08:10hrs | 2339 | by Staff reporter
Chiyangwa, residents fight re-ignites
The fight between Southlea Park Home Owners Association and businessman Philip Chiyangwa has resurfaced after the parties went back to the High Court on Thursday, seeking the court to make a determina...Published: 08 Sep 2018 at 18:05hrs | 736 | by Staff reporter
Mnangagwa signs 3 more 'mega' deals with China
President Mnangagwa on Wednesday met with his Chinese counterpart President Xi Jinping after the conclusion of the 2018 Beijing Summit of the Forum on China-Africa Cooperation (FOCAC) and the two lead...Published: 07 Sep 2018 at 06:45hrs | 354 | by Staff reporter
Congratulations Karoi for choosing this 100% guy as your mayor
I got to know this guy in 1999 when he was teaching at Nyamhunga Primary School in Kariba. We used to share a lot during those days as I was also based at Nyanhewe Primary Sc...Published: 06 Sep 2018 at 07:11hrs | 3358 | by John Tafadzwa Chirinda
Zimbabwe economy skids
Analysts have raised fears that the country's troubled economy could soon plunge into another full blown crisis akin to the ugly 2008 hyper-inflationary era — unless the government acts urgently to ...Published: 05 Sep 2018 at 15:46hrs | 1909 | by Staff reporter
Producers speak on cement crisis
National cement demand has surged since the second half of last year, driven by a reported bubble in mortgage and construction activity, amidst mounting supply-side challenges related to foreign curre...Published: 04 Sep 2018 at 06:37hrs | 979 | by Staff reporter
Zimbabwe fuel consumption spikes 24%
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response to rising economic activity sparked by renewed investor confidence following the ...Published: 03 Sep 2018 at 07:12hrs | 1078 | by Staff reporter
NMBZ records half-year profit before tax of $11,8 million
NMBZ Holdings, NMB Bank's holding company, recorded a profit before tax of $11 757 594 for the half-year ended June 30, 2018, resulting in total comprehensive income of $9 086 483.This was an ...Published: 28 Aug 2018 at 16:19hrs | 681 | by Agencies
Matibiri in trouble over $190 000
Police Deputy Commissioner-General, Innocent Matibiri, has been taken to court by Tian Ze Tobacco Company over a $190 000 farm inputs debt.Through its lawyers Muvingi and Mugadza, the tobacco ...Published: 24 Aug 2018 at 05:56hrs | 4459 | by Staff reporter
Zimra collects more than budgeted
THE Zimbabwe Revenue Authority (Zimra) says revenue performance remains on a positive trajectory, with gross collections for July hitting $406,13 million, which was 20,80 percent above target. Zimra's...Published: 24 Aug 2018 at 05:36hrs | 113 | by Staff reporter
Zimbabwe is still in trouble
Zimbabwe reached a major milestone this year, holding its first parliamentary and presidential elections since Robert Mugabe was removed from power after 37 years of continuous rule. Mugabe's Zanu-PF ...Published: 22 Aug 2018 at 15:48hrs | 6131 | by Heike I Schmidt
Chamisa poll dispute pushes up forex rates
Economists expect real-time gross settlement (RTGS) and EcoCash transfers to initially gain against the United States dollar for a while once the dispute over election results is finalised, before slu...Published: 19 Aug 2018 at 06:50hrs | 1507 | by Staff reporter
$292.4m windfall for exporters
Zimbabwe's exporters have pocketed a total of $292.4 million during the first half of the year from incentives unveiled by the Reserve Bank of Zimbabwe to boost local production. &nbs...Published: 17 Aug 2018 at 14:27hrs | 269 | by Staff reporter
Demystifying the MDC Alliance Constitutional petition
As I promised, Zimbabwe here is my critic of the Constitutional petition filed by the MDC Alliance. Everything starts and falls on the founding affidavit. Before going into the substance of his applic...Published: 11 Aug 2018 at 20:14hrs | 10107 | by Lloyd Msipa
Zimbabwe boasts 13 million tonnes gold chest
ZIMBABWE has the second largest gold reserves per square kilometre in the whole world with 13 million tonnes of proven reserves of which only 580 tonnes have been exploited since 1980, Reserve Bank of...Published: 08 Aug 2018 at 06:13hrs | 1833 | by Staff reporter
'Banks to give out more cash'
The Reserve Bank of Zimbabwe (RBZ) says people should expect to withdraw more cash from their banks in the coming weeks, just like what happened at the weekend when Automated Teller Machines (ATMs) di...Published: 07 Aug 2018 at 08:00hrs | 15441 | by Staff reported
New hotel facility for Harare CBD
Zimbabwe's capital city is set for a major facelift, in view of plans by a yet to be named developer expected to construct a multi-use complex in Harare's central business district (CBD). The ...Published: 07 Aug 2018 at 07:11hrs | 624 | by Staff reporter
Zimra insists on $100m loan tax
A DELAY by the Zimbabwe Revenue Authority in clarifying tax issues around a $100 million commercial loan recently advanced by the British government, through the state-run Commonwealth Development Fun...Published: 27 Jul 2018 at 11:20hrs | 294 | by Staff reporter
What happened to Mugabe's land reforms?
Zimbabweans will vote in the country's first presidential election since Robert Mugabe stepped down after more than 30 years in office.In the past few decades, the southern African country has...Published: 27 Jul 2018 at 08:22hrs | 736 | by BBC
Why I believe in Zimbabwe
For the last six months I have been working in Zimbabwe in my role as international consultant to the China Railway Group to understand how infrastructure and related trade projects under China's "One...Published: 25 Jul 2018 at 07:44hrs | 444 | by Sir Richard Heygate
Mnangagwa doesn't dream of success, he makes it happen
While everyone's focus is on the upcoming elections, especially the saga revolving around Nelson Chamisa's threats against many bodies, like the ZEC, a weird and wonderful thing has been taking place ...Published: 23 Jul 2018 at 13:04hrs | 899 | by Mike Tawanda
Mnangagwa govt hunts for $2bn funding
PRESIDENT Emmerson Mnangagwa's administration is frantically negotiating a critical US$2 billion bailout package with a top Chinese bank, the Industrial and Commercial Bank of China (ICBC), and other ...Published: 20 Jul 2018 at 16:00hrs | 1904 | by Staff reporter
Zimbabwe inflation rate hits 2,91%
Zimbabwe's annual rate of inflation for June gained 0,20 percentage points to 2,91 from 2,71 percent in May, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. "This ...Published: 18 Jul 2018 at 06:32hrs | 257 | by Staff reporter
'Eating bacon is as deadly as smoking'
A RESEARCH department within the World Health Organisation (WHO) has announced that the consumption of bacon is as deadly as smoking and can lead to colorectal cancer.According to WHO, a repor...Published: 14 Jul 2018 at 11:41hrs | 1207 | by Staff reporter
Tobacco fails to deliver forex relief
IH Securities says the economy is yet to feel the impact of the tobacco export proceeds despite being over 90 days into the season.In IH Securities outlook for the month released recently, the...Published: 13 Jul 2018 at 07:23hrs | 141 | by Staff reporter
Zanu-PF destroyed Zimbabwe soon after taking over from Smith
Election time in particular, and politics in general, is predominantly a game for liars and tricksters, but as Zimbabwe heads towards the watershed 30 July harmonised polls, the electorate can not aff...Published: 10 Jul 2018 at 08:28hrs | 1486 | by Tendai Ruben Mbofana
RBZ doubles up cash imports to $100m
The Reserve Bank of Zimbabwe (RBZ) has doubled cash imports to $100 million per month as the central bank tries to ameliorate the prevailing cash shortages as well as meet rising demand from recoverin...Published: 08 Jul 2018 at 12:55hrs | 453 | by Staff reporter
Agriculture backbone of Zimbabwe's economy, says Mnangagwa
President Emmerson Mnangagwa says agriculture is the backbone of the economy and the command agriculture model is meant to ensure food security.The President said this while addressing a highl...Published: 07 Jul 2018 at 16:30hrs | 423 | by Staff Reporter
Ramaphosa loyalists take over SARS
Changes in the South African Revenue Service top leadership were announced internally on Thursday, with two loyalists to suspended commissioner Tom Moyane shifted out of key posts and a new head of th...Published: 05 Jul 2018 at 15:09hrs | 1230 | by businesslive
RBZ secures $1,3bn offshore loans for industry
THE Reserve Bank of Zimbabwe (RBZ) has managed to secure $1,3 billion offshore loans through the African Export-Import Bank (Afreximbank) and Trafigura to support production and promote exports, an of...Published: 05 Jul 2018 at 07:01hrs | 276 | by Staff rpeorter
Mnangagwa's nephew named in land scam
PRESIDENT Emmerson Mnangagwa's nephew, Tongai, has been accused of illegally parcelling out council land to desperate home-seekers as a vote-buying gimmick.Tongai controversially won the Zanu ...Published: 03 Jul 2018 at 07:24hrs | 1684 | by Staff reporter
Chamisa laments underutilisation of land in Mash Central
Opposition MDC Alliance presidential candidate Nelson Chamisa has pledged to rationalise agrarian reforms in Mashonaland Central in a bid to avert food shortages and availability foreign currency in t...Published: 02 Jul 2018 at 19:23hrs | 1096 | by Simbarashe Sithole
Zimbabwe seeks $500m from Afreximbank
THE Reserve Bank of Zimbabwe (RBZ) is negotiating a $500 million funding package with the African Export and Import Bank (Afreximbank), as part of efforts to resolve the foreign currency shortages bli...Published: 02 Jul 2018 at 07:24hrs | 252 | by Staff reporter
'Cash crisis to end soon'
The cash crisis will soon be "a thing of the past" as various measures are being pursued to bring sanity within the banking sector, Vice President Constantino Chiwenga has said.In a speech rea...Published: 29 Jun 2018 at 08:01hrs | 1797 | by Staff reporter
Malema hits out 'house niggars'
Firebrand EFF leader Julius Malema has lashed out at the way Africans are perceived when talking about white or Indian racism, calling some black reporters who are critical of his party "house niggars...Published: 25 Jun 2018 at 14:27hrs | 2258 | by news24
Police sabotaging residents
Serious sabotage by Mvurwi police station has been witnessed by residents since the ushering in of the new era.Last night two robberies reportedly occurred in Mvurwi where a tobacco farmer was...Published: 24 Jun 2018 at 08:24hrs | 1437 | by Simbarashe Sithole
Contract farming arrangement and poor resourced farmers in Zimbabwe
This study sought to understand the impact of contract farming on livelihoods among the small-scale farmers in two study districts of Zvimba and Goromonzi which are located in the Mashonaland Province...Published: 22 Jun 2018 at 07:36hrs | 716 | by NANGO
Parly exposes Obert Mpofu
Home Affairs minister Obert Mpofu has suffered the indignity of having the land which he was leasing from the government being withdrawn because of non-production and the neglect of farm equipment....Published: 21 Jun 2018 at 14:29hrs | 3726 | by Staff reporter
Econet payroll moved to Ecocash
ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a s...Published: 21 Jun 2018 at 07:02hrs | 1297 | by Staff reporter
Chiwenga's ex-wife battles to rescind default judgment
VICE-PRESIDENT, Constantino Chiwenga's ex-wife, Jocelyn Chiwenga, has petitioned the court seeking rescission of a default judgment in a matter in which Tian Ze Tobacco Company (Pvt) Ltd, recently obt...Published: 20 Jun 2018 at 07:20hrs | 7313 | by Staff reporter
Govt fuels gold sector chaos
Government is fuelling corruption tendencies in the gold mining sector by failing to give miners the value of their product, Finance and Economic Development deputy minister Terence Mukupe has said....Published: 20 Jun 2018 at 07:18hrs | 654 | by Staff reporter
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