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Strive Masiyiwa's maths on Rand pricing is wrong
A lot of publications have run with this story already but I couldn't find the original Facebook post. Strive Masiyiwa posts extensively and engages quite much on his page so I spent an hour trying to...Published: 4 hrs ago | 1510 | by Tinashe Nyahasha
Zimra moves towards single clearance at ports of entry
The Zimbabwe Revenue Authority (Zimra) will later this year bring together all agencies that are involved in border checks processes into a single clearance platform as it works towards improving Zimb...Published: 6 hrs ago | 1866 | by Staff reporter
Chavhanga excited about new Zimbabwe role
AFTER a remarkable career which saw him rise from humble beginnings in Zimuto to become the fastest rugby player on the planet at the peak of his athletic powers, record-breaking former South Africa s...Published: 21 Apr 2019 at 08:54hrs | 279 | by Staff reporter
A look into Zimbabwe's tanking economy
The country's largest gold producer is on the brink of collapse because of government's warped foreign currency retention policy; the cost of bread has gone up, more than three times in hardly a month...Published: 21 Apr 2019 at 08:50hrs | 534 | by Staff reporter
Zimbabwe civil servants demand fresh wage negotiations
CIVIL servants have demanded fresh negotiations with government over salary increments as the cost of living continues to rise.Early this month, government announced a salary increment ranging...Published: 19 Apr 2019 at 11:11hrs | 2267 | by Staff reporter
Angry Mnangagwa lashes 'unpatriotic and inhumane' forces
PRESIDENT Emmerson Mnangagwa yesterday accused some businesses of being "unpatriotic and inhumane" following the recent sharp hikes in the prices of basic consumer goods around the country.At ...Published: 19 Apr 2019 at 11:10hrs | 2437 | by Staff reporter
Rebirth of the Zimdollar
Zimbabwean central bank authorities have a traceable record of overnight monetary policy changes. Memories of the former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono era of monetary policy hip-...Published: 19 Apr 2019 at 11:09hrs | 1276 | by Paddington Masamha
Can Zimbabwe manage to de-dollarise?
THE Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monetary Area (CMA), also refer...Published: 19 Apr 2019 at 11:08hrs | 710 | by Victor Bhoroma
South Africa's Zimbabwe dilemma
As Zimbabwe's economic and political situation teeters on the verge of chaos, SA takes a disjointed approach. By Ringisai Chikohomero for ISS TODAY.First published by ...Published: 18 Apr 2019 at 20:28hrs | 3000 | by Ringisai Chikohomero
ZANU PF MP fingers criminals in price increase
Gokwe-Nembudziya Member of Parliament Mayor Justice Wadyajena says the increase in prices of basic commodities is engineered by business criminals whose benefit thrives when the masses suffer. ...Published: 17 Apr 2019 at 19:01hrs | 6222 | by Mandla Ndlovu
Heroes never looked back
Heroes never looked back, In their desire to liberate Zimbabwe, They took it forward like preying lions, They took the struggle to the top, Stiring those who had turned on their fearfu...Published: 17 Apr 2019 at 09:04hrs | 249 | by Edmore Kudakwashe Chaipa
Mugabe's son-in-law seeks acquittal at High Court
FORMER president Robert Mugabe's son-in-law Simba Chikore has approached the High Court seeking acquittal on charges of unlawful detention.This comes after his bid for discharge at the close o...Published: 17 Apr 2019 at 07:25hrs | 8217 | by Staff reporter
Zimbabwe black market running amok
GOVERNMENT is facing renewed pressure on the economic front, with the parallel foreign currency market once again running amok — pushing the prices of basic consumer goods like bread beyond the reac...Published: 17 Apr 2019 at 07:25hrs | 30510 | by Staff reporter
Zimbabwe needs a weak currency to stimulate production, exports
Shortly after the government was sworn in August 2018, they agreed to an economic and monetary reform programme. Since then, much of this ambitious plan has been implemented and the consequences have ...Published: 17 Apr 2019 at 07:15hrs | 1145 | by Eddie Cross
Allow Zimbabweans to trade in Gold, Diamonds and other minerals
Lets empower the people of Zimbabwe and allow them to trade in gold and diamond. I have travelled throughout Zimbabwe, and some of my family members are geologists and miners.I have seen some of them ...Published: 16 Apr 2019 at 07:34hrs | 1576 | by Engineer Jacob Kudzayi Mutisi
VID introduces electronic learners' licence testing
Transport minister Joel Biggie Matiza yesterday launched the electronic learner's licence testing system (ELLT), which is aimed at reducing corruption in awarding of licences by the Vehicle Inspection...Published: 16 Apr 2019 at 06:52hrs | 938 | by Staff reporter
Mthuli Ncube triggers panic
LONG-suffering Zimbabweans should brace for even tougher economic times ahead, following last week's surprise announcement by Finance minister Mthuli Ncube that the country would have yet another curr...Published: 15 Apr 2019 at 10:56hrs | 19648 | by Staff reporter
Mutsvangwa blames 'Queen Bee' for high fuel prices
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zanu-PF to gain an unfair advantage in the supply of fuel to the southern African nation.The...Published: 14 Apr 2019 at 10:12hrs | 5077 | by Joseph Cotterill and David Sheppard I Financial Times
Understanding Day Trading and If It's Right for You
Most people who drift off and have thoughts of quitting their job during a stressful day and trading stocks for a living are daydreaming about day trading. Careless or inexperienced traders can lose t...Published: 12 Apr 2019 at 10:28hrs | 1664 | by Staff Writer
Mnangagwa fumes
PRESIDENT Emmerson Mnangagwa yesterday warned retailers and companies against "unjustified" price increases which he said had brought untold suffering to ordinary Zimbabweans.Incidentally, as ...Published: 12 Apr 2019 at 08:24hrs | 13359 | by Staff reporter
Zimbabwe's national budget shrinks to US$2bn
Zimbabwe's US8,2 billion 2019 national budget, presented by Finance minister Mthuli Ncube at a time the UD dollar was officially trading par with the country's quasi-currencies on November 22 last yea...Published: 12 Apr 2019 at 07:29hrs | 607 | by Staff reporter
CZI lobbies for import restrictions return
Industrial lobby group, Confederation of Zimbabwe Industries (CZI), says the Government needs to quickly revert to the policy of restricting entry of low priced imported products into Zimbabwe to quic...Published: 12 Apr 2019 at 07:28hrs | 196 | by Staff reporter
Zimbabwe's fuel pipeline allegedly 'captured' by Trafigura
Trafigura, the global commodities trader, is facing accusations that it used a partner's connections to Zimbabwe's ruling party to gain an unfair advantage in the supply of fuel to the southern Africa...Published: 12 Apr 2019 at 07:13hrs | 1585 | by Joseph Cotterill and David Sheppard
Zimbabwe Army Generals read riot act to Mnangagwa, as he privately offers to resign as President
The game is all but over for President Emmerson Mnangagwa's young presidency, as hardline army generals are reportedly said to have read the riot act to him, over a sheaf of serious issues caused by h...Published: 12 Apr 2019 at 06:54hrs | 24857 | by Itai Mushekwe/Nancy Mabaya/Malvin Motsi
Zimdaba concludes on a 'successful note'
LONDON - Business forum, Zimdaba concluded its two-day conference on a very productive note, with high-profile business leaders and governmental officials conti...Published: 11 Apr 2019 at 09:11hrs | 847 | by Tidi Kwidini
Ncubenomics
In February, Reserve Bank Governor, John Mangudya announced the introduction of the RTGS dollar - the currency that confirmed what we knew all along: one is not to one. The RTGS dollar was initially s...Published: 09 Apr 2019 at 15:19hrs | 3335 | by Kubatana
Chitando sucked into $111m Hwange scam
Hwange Colliery in 2016 lost a $111 million loan from government to fund its revival due to mismanagement, reckless trading and money laundering which has sucked in Mines minister Winston Chitando, an...Published: 09 Apr 2019 at 07:33hrs | 572 | by Staff reporter
Make fresh interbank interventions: Industry
CAPTAINS of industry have called on authorities to make fresh interventions in the inter-bank market to ensure access to foreign currency for importation of critical raw materials for the manufacturin...Published: 09 Apr 2019 at 07:22hrs | 252 | by Staff reporter
Prices of goods have risen by between 25 and 75%
RETAILERS have said consumer spending has declined considerably in recent months, as Zimbabwean consumers cannot afford to maintain spending with the high prices of goods and services. Prices ...Published: 09 Apr 2019 at 07:17hrs | 498 | by Staff repoirter
Mthuli Ncube's RTGS $ under siege
ZIMBABWE's local currency, the RTGS dollar, has shed more than 20 percent of its value since its introduction as the availability of foreign currency on the formal market remains subdued.By Fr...Published: 07 Apr 2019 at 12:43hrs | 2042 | by Staff reporter
The global and technological effect
An extract from a book titled 'The next Zimbabwe'The twenty first century has brought about the idea of globalization were interconnectivity is the new...Published: 05 Apr 2019 at 11:26hrs | 359 | by Terence Simbi
Zimbabwe must tackle structural problems, fiscal dilemmas
AFTER showing signs of revival during the inclusive government era between 2009 and 2013, Zimbabwe's economy has been on a tailspin since the 2013 elections. Government has struggled to restore econom...Published: 05 Apr 2019 at 10:00hrs | 316 | by Staff reporter
Zimbabweans should brace for imminent interest rates hike
Finance and Economic Development minister Mthuli Ncube has warned the country to brace for an imminent rise in interest rates.Interest rates in the southern African nation have been capped at ...Published: 05 Apr 2019 at 06:38hrs | 1069 | by Staff reporter
Zimra staff defies Mohadi orders
BEITBRIDGE Customs and Excise officers over the weekend defied Vice-President Kembo Mohadi's instruction to vacate a bonded vehicle transit shed he operates together with some businessmen and move to ...Published: 01 Apr 2019 at 22:12hrs | 1809 | by Staff reporter
Let's enhance our people's ability to be self-reliant
Today's politics can be misleading as it creates the contentious illusion that the government of the day must deliver on everything needed to improve people's lives. It allocates the entire burden of ...Published: 01 Apr 2019 at 06:43hrs | 161 | by Tapiwa Gomo
Zimbabwean born Peter Moyo gets R22.5-million payday
Old Mutual Chief Executive Peter Moyo earned a total of R35.5m in 2018, a period that saw the group complete its managed separation and list its African and emerging markets arm on the JSE.Moy...Published: 31 Mar 2019 at 22:47hrs | 3025 | by Staff reporter
US companies keen on Zimbabwe, says envoy
United States companies are keen to invest in Zimbabwe but they are wary of a violatile foreign currency exchange environment, American ambassador Brian Nichols has said.Nichols spoke to Stand...Published: 31 Mar 2019 at 10:05hrs | 832 | by Staff reporter
Van Hoogstraten shakes CFI
Business tycoon Nicholas Van Hoogstraten through one of his investment vehicles, has moved to increase shareholding in Zimbabwe Stock Exchange (ZSE) suspended agro-industrial group CFI Holdings under ...Published: 31 Mar 2019 at 09:54hrs | 346 | by Staff reporter
Lunar Park comes to Bulawayo
OWNED by Spares Mania and trading as Family Amusement Park, Lunar Park is in Bulawayo for the Easter, Independence holidays and the Zimbabwe International Trade Fair.Having started in the 1970...Published: 30 Mar 2019 at 23:00hrs | 1968 | by Staff reporter
Reserve Bank of Zimbabwe betrays tobacco farmers
Tobacco sales floors were officially opened but farmers are frustrated and angry with the demeanour of the government. The Reserve Bank of Zimbabwe prior to the opening of the floors promised th...Published: 30 Mar 2019 at 18:04hrs | 1890 | by Matora Hupile
RTGS$ weakens 20% against the dollar
The RTGS dollar introduced by the Reserve Bank of Zimbabwe (RBZ) in its 2019 Monetary Policy Statement, has continued to weaken against major currencies as exporters continue to hold on to their US do...Published: 29 Mar 2019 at 06:27hrs | 3607 | by Staff reporter
Mangudya's attempt to throttle USD black market falls flat
Zimbabwe's attempt to ease a dollar shortage and stop its currency from plunging in the black market is showing little sign of working.The southern African nation's currency, known as the RTGS...Published: 28 Mar 2019 at 20:28hrs | 4489 | by Bloomberg
Mugabe son-in-law's trial takes dramatic twist
The trial of former President Robert Mugabe's son-in law Simba Chikore took a dramatic twist yesterday after the State threatened to incarcerate its key witness who refused to answer questions citing ...Published: 28 Mar 2019 at 12:58hrs | 3507 | by Staff reporter
Prices of goods continue to go up
Prices of mostly basic commodities have significantly gone up over the past month, with analysts blaming it on exchange rate developments. A survey by the Daily News yesterday showed that prices of ba...Published: 28 Mar 2019 at 12:55hrs | 3224 | by Staff reporter
SA Home Affairs conducts door to door search for foreigners
South Africa's Department of Home Affairs is reportedly engaging in a surprise door to door search for undocumented immigrants who are residing in the country illegally. A notice at Ponte City...Published: 28 Mar 2019 at 10:29hrs | 57238 | by Mandla Ndlovu
Bulawayo council to hike rates by up to 42%
COUNCIL is mulling raising service charges for water, refuse collection and leases by up to 42 percent to help balance its books.This flies in the face of the MDC-run municipality's pledge to ...Published: 28 Mar 2019 at 07:51hrs | 2472 | by Staff reporter
Zimbabwe tobacco farmers hold firm to their crop
Tobacco farmers have continued to hold on to their crop amid reports that they have only delivered less than 10% of the golden leaf in the first five days of trading this year, citing poor prices and ...Published: 28 Mar 2019 at 07:48hrs | 1611 | by Staff reporter
Zimbabwe to import 900,000 tonnes of maize
Meanwhile, a Mauritius based firm, Afrigran Trading, has terminated its cereal supply contract with National Foods Limited (Natfoods) after the Reserve Bank of Zimbabwe (RBZ) failed to honour a US$55 ...Published: 28 Mar 2019 at 07:47hrs | 1088 | by Staff reporter
'US$45m traded on the interbank forex market over past 3 weeks'
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says US$45 million has been traded over the past three weeks of the interbank forex market, a 25% increase in the average weekly trades compar...Published: 28 Mar 2019 at 07:24hrs | 964 | by Staff reporter
School promotes online forex trading
FOREX Trading School Africa will next month launch a nationwide competition to inculcate online foreign currency trading culture in the country and uplift the living standards of the citizens. ...Published: 27 Mar 2019 at 06:54hrs | 419 | by Staff reporter
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