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Zimbabwe's diaspora remittances top US$797m in six months
ZIMBABWE received a total US$797 million in diaspora remittances, representing a 23% increase on the same period last year, latest Reserve Bank of Zimbabwe (RBZ) data has revealed.Data in the ...Published: 12 Aug 2022 at 06:43hrs | 660 | by Staff reporter
Chamisa flags barren Zanu-PF leadership
Citizens Coalition for Change (CCC) leader Nelson Chamisa has dismissed government's 2022 Mid-Term budget statement as a blatant certification to citizen poverty adding the fiscal blueprint was reflec...Published: 04 Aug 2022 at 22:32hrs | 1956 | by Staff reporter
Chamisa slams gold coins introduction in Zimbabwe
CITIZENS Coalition for Change leader, Nelson Chamisa, has slammed the introduction of gold coins, saying they are a conduit for corruption, and called for the country to return to exclusive use of the...Published: 03 Aug 2022 at 18:53hrs | 5339 | by Staff reporter
Zimbabwe to release another batch of gold coins
The Reserve Bank of Zimbabwe (RBZ) today said it will release an additional 2 000 gold coins this week, after the initial batch was highly subscribed.The Mosi-Oa-Tunya coins, which came into t...Published: 02 Aug 2022 at 06:44hrs | 372 | by Staff reporter
Arthur Mutambara trashes RBZ's gold coins initiative
FORMER Deputy Prime Minister Arthur Mutambara has trashed the Reserve Bank of Zimbabwe's (RBZ) gold coins initiative, supposedly meant to ease inflation, as nothing other than ‘a shameful opportunit...Published: 27 Jul 2022 at 19:37hrs | 2161 | by Staff reporter
Zimbabwe announces fuel price cuts
THE Zimbabwe Energy Regulatory Authority (Zera) has reduced the price of petrol and diesel with effect from today in a development that buttresses Government efforts to contain the price of fuel from ...Published: 27 Jul 2022 at 19:37hrs | 4123 | by Staff reporter
Power imports cost Zesa US$17m monthly
THE Zimbabwe Electricity Supply Authority (Zesa) requires US$17 million per month for power importation to augment local supplies which are set to receive a major boost with coming on line of Hwange u...Published: 27 Jul 2022 at 06:27hrs | 281 | by Staff reporter
Mthuli Ncube, Mangudya's unenviable task
I do not envy Finance and Economic Development Minister Professor Mthuli Ncube and the Reserve Bank of Zimbabwe Governor Dr John Mangudya.The two gentlemen must be having a torrid time....Published: 24 Jul 2022 at 09:59hrs | 272 | by Victoria Ruzvidzo
Zimsec exams registration begins
The registration window for the 2022 primary and secondary school examinations opened on Friday and will close on July 29, with exam fee payments being accepted in both foreign and local currency, the...Published: 23 Jul 2022 at 07:26hrs | 248 | by Staff reporter
Stanbic Bank assists more than 600 individuals and companies with residential and commercial property needs
Leading financial services institution, Stanbic Bank Zimbabwe has assisted over 600 individuals and corporates acquire residential and commercial properties over the last year as part of its efforts t...Published: 20 Jul 2022 at 21:49hrs | 546 | by Agencies
Mazowe Villagers to receive USD $30K
More than 20 villagers who lost property at Arnold Farm in Mazowe after being evicted by former First Lady Grace Mugabe are set to receive US$30 000 in compensation.The villagers lost property...Published: 19 Jul 2022 at 19:40hrs | 1005 | by Shelton Muchena and Desmond Nleya
US$ salary demands grow louder in Zimbabwe
DEMANDS for United States dollar (US$) salaries have increased across all sectors of the economy as a number of employees struggle to buy basic commodities now being charged in the greenback.M...Published: 18 Jul 2022 at 08:26hrs | 1337 | by Staff reporter
ZNA soldier struggles to pay US$600, R2,500 debt
A Zimbabwe National Army (ZNA) officer has been dragged to court after he failed to pay a US$600 debt.Edison Sithole, who is stationed at 4 Brigade, was arraigned before Masvingo Magistrate Co...Published: 16 Jul 2022 at 10:32hrs | 1470 | by Staff reporter
Biti claims Zimbabwe iInflation now 430%
OPPOSITION Citizens Coalition for Change (CCC) deputy leader and Harare East legislator Tendai Biti has demanded a ministerial statement by Treasury on the country's worsening economic crisis....Published: 14 Jul 2022 at 07:37hrs | 997 | by Staff reporter
'Exclusive USD pricing illegal'
PRICING of goods exclusively in US dollars remains completely illegal and businesses not accepting local currency payments for every product should stop the illegal practice forthwith or risk having t...Published: 13 Jul 2022 at 07:18hrs | 301 | by Staff reporter
ZimFund $23 Million Power Project Ready to Roll with Delivery of New Transformer
HARARE, Zimbabwe - An Emergency Power Infrastructure Rehabilitation Project funded by ZimFund, has reached the last leg of implementation with the deliver...Published: 12 Jul 2022 at 08:17hrs | 1042 | by APO
Zanu-PF offers US$ allowances to village heads
VILLAGE heads from all parts of the country are, with immediate effect, expected to receive US$ allowances while Government will also increase their monthly salaries in local currency.Zanu-PF ...Published: 07 Jul 2022 at 08:00hrs | 926 | 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 | 408 | by Staff reporter
Date set for Zimbabwe gold coins rollout
GOLD coins that were announced last week as a new measure and alternative to store monetary value, will be introduced into the market mid-this month and will be purchased using both foreign and local ...Published: 03 Jul 2022 at 09:28hrs | 2911 | by Staff reporter
Zimsec clears air on forex exam fees
SCHOOLS that are pegging examination fees exclusively in foreign currency are flouting regulations set by the Zimbabwe School Examinations Council (Zimsec...Published: 03 Jul 2022 at 06:55hrs | 3643 | by Staff Reporter
EcoCash brings more convenience for its users, unveils new bill management service
EcoCash has introduced 'EcoCash Bill Manager', a new service that brings more convenience for its users and simplifies how EcoCash customers manage their bill payments to different service providers, ...Published: 01 Jul 2022 at 04:42hrs | 957 | by Agencies
Civil servants reject 100% salary increment
CIVIL Servants under the Zimbabwe Confederation of Public Sector Trade Unions banner, formerly Apex, have rejected government's recent cost of living adjustment (CLA), calling it "a non-event"....Published: 30 Jun 2022 at 19:21hrs | 1998 | by Staff reporter
Zimbabwean doctor at centre of Grace Mugabe farm 'gift' charged with medical misconduct; risks being struck off by tribunal
A doctor at the centre of a 2016 farm seizure row in Zimbabwe is appearing before the UK Medical Practitioners Tribunal Service (MPTS) over allegations of mistreating patients.The tribunal, un...Published: 30 Jun 2022 at 06:50hrs | 2767 | by Staff reporter
FULL LIST: Donors who assisted Nkayi farmers which lost 21 cows revealed
A full list of donors who assisted the Nkayi family which lost 21 cattle after mistaking a deadly pesticide for one of the popular worm remedies for livestock has been availed. The...Published: 29 Jun 2022 at 17:27hrs | 4746 | by Mandla Ndlovu
EcoCash partners PayPal
EcoCash has partnered PayPay to facilitate international remittances to Zimbabwe through its existing partnership with global cross-border remittance giant Thunes."Leveraging our Hub partnersh...Published: 29 Jun 2022 at 07:46hrs | 524 | by Staff reporter
CCC dismisses new Zimbabwe economy measures; says Chamisa-led govt only solution
Minister Mthuli Ncube (on Monday) announced measures that are meant to curb hyperinflation and stabilize (prices) as well as address the remuneration crisis in the civil service. The Reserve Bank also...Published: 28 Jun 2022 at 07:29hrs | 1428 | by Fadzayi Mahere
ZBC suspends corruption whistleblower
THE Zimbabwe Broadcasting Corporation (ZBC) workers committee secretary general was promptly suspended last Friday, a day after circulating to all staff members an explosive memorandum to the Board al...Published: 27 Jun 2022 at 19:12hrs | 4501 | by Staff reporter
Foul play disguised as incompetence at the Competition and Tariff Commission
I am an avid reader and consumer of all things Competition and Anti Monopolies related. I believe in healthy competition and have learnt a thing or two from watching the American Sherman act evolve in...Published: 27 Jun 2022 at 12:48hrs | 1009 | by Thabo Nkiwane
Pastor, and wife arrested for fraud
AFM Church Reverend Titus Murefu (68) and his wife Winnet (60) on Friday appeared in court charged with fraud involving US$80 000 in a botched deal.Harare magistrate Shane Kubonera remanded th...Published: 27 Jun 2022 at 08:11hrs | 1638 | by Staff reporter
Innscor fined US$9m, ordered to divest from Probrands
THE Competition and Tariff Commission (CTC) imposed a fine of US$9,1 million on Innscor Africa Limited (Innscor) for consummating the merger of one of its subsidiaries without the Commission's approva...Published: 26 Jun 2022 at 12:26hrs | 9077 | by Staff reporter
Public Sector Unions express solidarity with Striking health workers
Zimbabwe Confederation of Public Sector Trade Unions and its affliates have expressed support and solidarity to the ongoing labour action by health worker...Published: 24 Jun 2022 at 15:15hrs | 821 | by George Swarei
Zimbabwe schools seek to peg fees in USD
SCHOOL authorities have appealed to Government to allow them to peg fees in United States dollars saying that is the only way they can remain afloat as their RTGS budgets are quickly eroded by inflati...Published: 24 Jun 2022 at 07:37hrs | 280 | by Staff reporter
Chamisa's MP ordered to withdraw question about Chiwenga's whereabouts 'as country burns'
LEADER of government business in Parliament Ziyambi Ziyambi claimed Wednesday that only a few doctors and nurses were on strike as he reiterated the administration's refusal to pay salaries in foreign...Published: 23 Jun 2022 at 06:52hrs | 13487 | by Staff reporter
July Moyo linked to inflated Belarus fire tenders scandal
LOCAL government minister July Moyo was this Monday the subject of another corruption allegation storm over the procurement of fire-fighting vehicles from Belarus.Moyo is reportedly under inve...Published: 21 Jun 2022 at 06:46hrs | 1441 | by Staff reporter
Bulawayo residents write to council over US dollar billing
BULAWAYO residents under the Bulawayo Progressive Residents Association (BPRA), have written to the Bulawayo city council expressing displeasure over the local authority's recent decision to levy rate...Published: 20 Jun 2022 at 07:45hrs | 1333 | by Staff reporter
Gweru charges bills in USD
GWERU City Council (GCC) has with immediate effect, begun to charge rentals and bills in United States dollars.The bills will be payable at the prevailing interbank rate.Ratepayers owe...Published: 20 Jun 2022 at 06:40hrs | 332 | by Staff reporter
Government distances self from Bulawayo forex rates
THE Government has said it is not aware of recent moves by the Bulawayo City Council to index water and rates bills to residents in foreign currency, a move that has also been met with public outcry....Published: 19 Jun 2022 at 10:05hrs | 378 | by Staff reporter
Tobacco farmers urged to implement climate change proofing Agricultural practices
Senior Agronomist Lazarus Gatawa has urged tobacco farmers to plan thoroughly and elevate their agricultural practices as mitigation measures to cou...Published: 18 Jun 2022 at 08:39hrs | 332 | by Simbarashe Sithole
WorldRemit closes transfers to Zimbabwe banks
British-based digital payments service, WorldRemit has announced its removal of direct bank transfers to Zimbabwean accounts in favour of mostly cash transactions.This came a month after Zimba...Published: 18 Jun 2022 at 07:28hrs | 1018 | by Staff reporter
Mthuli Ncube told his tricks are not working
LEGISLATORS took Finance Minister Professor Mthuli Ncube to task in Parliament Wednesday, challenging him over the government's "failed" NDS-1 economic blue-print and the administration's apparent lac...Published: 16 Jun 2022 at 08:34hrs | 2457 | by Staff reporter
BCC indexes bills in US dollars
Bulawayo City Council (BCC) yesterday pulled a shocker on residents when it announced that from this month tariffs will be charged in foreign currency against the official rate, something residents as...Published: 15 Jun 2022 at 07:31hrs | 250 | by Staff reporter
Bulawayo to introduce US dollar bill payments
THE Bulawayo City Council (BCC) has, with immediate effect, begun to charge bills in US dollars as a result of the local currency's volatility.According to a council statement released Tuesday...Published: 14 Jun 2022 at 17:22hrs | 1454 | by Staff reporter
Zimbabwe fuel imports drop sharply
Zimbabweans have been forced to cut on fuel spending owing to the rolling increases of the product after global petroleum prices spiked because of the Russia-Ukraine war.Statistics from the Zi...Published: 12 Jun 2022 at 09:18hrs | 539 | by Staff reporter
Zacc warns bus crews
The Zimbabwe Anti-Corruption Commission (Zacc) said they had noted with concern that there is group of criminals masquerading as officers from the commission, targeting cross-border buses, demanding v...Published: 09 Jun 2022 at 06:35hrs | 406 | by Staff reporter
Dollarization will lead to 'very nasty' events for Zimbabwe
FINANCE minister Mthuli Ncube has said the banking sector will be wiped out, causing a cash crisis if Zimbabwe ever fully dollarizes.This follows growing calls for government to adopt the USD ...Published: 08 Jun 2022 at 18:15hrs | 1191 | by Staff reporter
Govt to continue with partial dollarisation
RESERVE Bank of Zimbabwe Governor, Dr John Mangudya says the country cannot afford to fully dollarise as the move will be detrimental to the socio-economic growth of the country.The Russia Ukr...Published: 07 Jun 2022 at 17:55hrs | 3051 | by Staff Reporter
Food security headache hits Mnangagwa government
President Emmerson Mnangagwa's government is facing potential bread shortages as wheat supplies dwindled sharply over the past few weeks.The looming shortage and hike in wheat prices was t...Published: 02 Jun 2022 at 17:48hrs | 2540 | by Mandla Ndlovu
Harare residents petition City Council to cancel the Pomona waste deal
Combined Harare Residents Association (CHRA) has petitioned Harare City Council (HCC) to terminate the dubious Pomona Waste to Energy Deal.The controversial deal between Georgenix company and ...Published: 02 Jun 2022 at 11:40hrs | 2083 | by CHRA
Private hospital doctors strike
PATIENTS admitted to Premier Service Claybank Hospital in Gweru have gone for two days without getting medical care as more than 200 nurses, doctors, and health support staff at the upmarket health ca...Published: 02 Jun 2022 at 06:44hrs | 360 | by Staff reporter
Zimdollar tanks to $308,5 against USD at forex auction
THE Zimbabwean dollar further weakened against the United States dollar at the weekly forex auction system on Tuesday where it traded at $308,5 to the green back.Last week the local curr...Published: 02 Jun 2022 at 06:43hrs | 267 | by Staff reporter
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