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Mnangagwa says Zimbabweans must stop parroting foreign narratives
ZIMBABWEANS should believe in themselves despite the continued imposition of sanctions on the country and be inspired by the national interest to work harder to develop their own country rather than "...Published: 14 Aug 2022 at 07:21hrs | 512 | by Staff reporter
Zimbabwe's urban poor turn to "Car Supermarkets" to survive inflation
Sheila Gava forages the trunk of a stranger's Nissan car for dried tuna, Kellogg's biscuits and a bottle of canola oil."I've not stepped foot inside a high-street supermarket in three years," ...Published: 14 Aug 2022 at 07:18hrs | 203 | by Staff reporter
Mnangagwa tells profiteers to play fair,
PRESIDENT Mnangagwa yesterday reiterated the need to adopt fair business practices and urged economic stakeholders to rally behind the country's transformation agenda and leave a legacy of positive im...Published: 13 Aug 2022 at 07:23hrs | 117 | by Staff reporter
Mnangagwa's hectic schedule
PRESIDENT Mnangagwa will today lead key proceedings in a double hectic schedule in the resort city of Victoria Falls where he is set to officially open the End of Term Judges Symposium this morning an...Published: 12 Aug 2022 at 06:34hrs | 363 | by Staff reporter
'West responsible for chaos in Africa'
Zimbabwe's long held position that Western countries should not dictate to African countries how they should run their affairs has been reaffirmed by South Africa's Minister of International Relations...Published: 11 Aug 2022 at 06:38hrs | 155 | by Staff reporter
Zimbabwe's cash-rich govt suppliers fuel currency volatility
GOVERNMENT procurement and service providers - who include public works contractors and suppliers of goods and services - are destabilising the foreign exchange market by offloading part of their stag...Published: 10 Aug 2022 at 08:40hrs | 1202 | by Staff reporter
'Zimbabwe oil could be new source of conflict'
CENTRE for Natural Resource Governance executive director Farai Maguwu has warned that the possible oil findings in Muzarabani could lead to conflict.Recently, the Britain-based independent oi...Published: 10 Aug 2022 at 06:33hrs | 1527 | by Staff reporter
Western sanctions boomerang as Europe freeze
Western sanctions against Russia are the most ill-conceived and counterproductive policy in recent international history.The economic war is ineffective against Russia, and devastating for its...Published: 03 Aug 2022 at 06:40hrs | 476 | by Staff reporter
Zimbabwe companies miss Zimra revenue target
THE ZIMBABWE Revenue Authority (Zimra) says companies, which are some of the major contributors to revenue, missed the target for the quarter by 17,8% due to depressed economic performance and negativ...Published: 01 Aug 2022 at 06:36hrs | 323 | by Staff reporter
Zimbabwe banking on gold to fight inflation
With inflation soaring in Zimbabwe and the country's currency in free fall as people abandon it for the US dollar, the government of President Emmerson Mnangagwa is fighting back with a novel strategy...Published: 31 Jul 2022 at 09:13hrs | 1143 | by Lesley Wroughton
Falling fuel prices ease pressure on consumers
The sustained drop in fuel prices, which saw prices being reviewed downwards twice over a two-week period this month owing to falling international crude ...Published: 31 Jul 2022 at 07:08hrs | 653 | by Staff Reporter
Zimbabwe tax-free threshold doubled, bonus windfall for workers
The tax-free threshold for income tax was doubled to $50 000 a month yesterday by Finance and Economic Development Minister Mthuli Ncube as part of the doubling of all tax bands to improve disposable ...Published: 29 Jul 2022 at 06:46hrs | 710 | by Staff reporter
Mthuli Ncube to present supplementary budget for 2022
Zimbabwean Finance Minister Mthuli Ncube is due to present the 2022 supplementary budget Thursday, amid skyrocketing inflation that has since eroded this year's national budget.In addition to ...Published: 26 Jul 2022 at 20:43hrs | 536 | by Staff reporter
Kasukuwere: To be or not to be!
Widening Russian War Aims What a week we have had! War works largely on laws of the unforeseen and the unintended. The Russian Foreign Minister, Sergei Lavrov, has ominously hinted at ...Published: 23 Jul 2022 at 07:27hrs | 329 | by Jamwanda
'Zimbabwe independence, freedom not for sale'
ZIMBABWE'S independence, freedom, democracy, sovereignty, patriotism, dignity and heritage are not for sale, President Mnangagwa has said.Addressing thousands of ruling Zanu-PF party supporter...Published: 23 Jul 2022 at 07:25hrs | 92 | by Staff reporter
US, West 'weaker than before'
The leader of the Islamic Revolution Ayatollah Ali Khamenei has said the US and West have become weaker than before, adding that despite great efforts and spending, "their policies in regional countri...Published: 21 Jul 2022 at 06:39hrs | 392 | by Staff reporter
Fuel prices cut a relief for Zimbabwe motorists
Maximum fuel prices were cut yesterday from US$1,76 to US1,70 a litre for petrol and from US$1,86 to US$1,80 for diesel.Regulator Zimbabwe Energy Regulatory Authority (ZERA) announced the chan...Published: 20 Jul 2022 at 06:36hrs | 630 | by Staff reporter
Mnangagwa laments banking sector rot
GOVERNMENT's recent adoption of tough economic measures is in response to mischievous behaviour by some economic players and syndicates who are bent on sabotaging the economic transformation achieved ...Published: 16 Jul 2022 at 10:29hrs | 388 | by Staff reporter
Zimbabwe military students in SA to exchange notes
Zimbabwe National Defence Force (ZNDF) military students are in South Africa on a Joint Command and Staff Course.The Defence Web reported that the students are being hosted by the Chief of the...Published: 14 Jul 2022 at 19:00hrs | 4061 | 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
Zimbabwe's economy not as bad as claimed, says Mangudya
RESERVE Bank of Zimbabwe (RBZ) Governor, John Mangudya has said the country's economy is doing well despite the negative perception among the people.Giving oral evidence on the performance of ...Published: 13 Jul 2022 at 07:24hrs | 1946 | by Staff reporter
AfDB to lead Zimbabwe debt clearance roadmap
AFRICAN Development Bank (AfDB) president Dr Akinwumi Adesina has formally accepted President Mnangagwa's request to lead Zimbabwe's debt clearance strategy, which is key for Harare to unlock fresh fu...Published: 13 Jul 2022 at 07:17hrs | 143 | by Staff reporter
Ukraine saddened by Boris Johnson's downfall, claims Zelensky
Ukrainian President Volodymyr Zelensky offered a warm farewell to Boris Johnson as the British PM tendered his resignation as Tory leader on Thursday. Johnson's departure has "saddened" all Ukrainians...Published: 08 Jul 2022 at 08:26hrs | 2546 | by Staff reporter
British buyers seek Zimbabwean coal to plug energy supply gaps
British energy users are seeking off-take agreements to purchase coal from a project in Zimbabwe as the Russia-Ukraine war prompts a search for alternative supplies.The coal mining company Con...Published: 07 Jul 2022 at 20:42hrs | 1278 | by Staff reporter
Mnangagwa's govt hiding behind Ukraine-Russia war'
GOVERNMENT has been accused of using the Russian invasion of Ukraine as a scapegoat for its failure to manage the country's ailing economy.On Monday, Women's Affairs, Small and Medium Enterpri...Published: 06 Jul 2022 at 18:06hrs | 417 | by Staff reporter
Zimdollar fuel prices up
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a slight increase in local currency fuel prices while the foreign currency prices remain stable.The increase is effective from yes...Published: 06 Jul 2022 at 18:05hrs | 685 | by Staff reporter
Gold coins to be sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) says its planned gold coins, to be introduced as an alternative investment option and inflation hedge on July 25, will be traded in both Zimbabwe dollars and foreign...Published: 05 Jul 2022 at 07:03hrs | 1168 | by Staff reporter
Zimbabwe has higher inflation than war-torn Ukraine
ZIMBABWE's inflation rate at 191,7% as of June 23 is now much higher than Ukraine's 41%, a country in the middle of a fierce war with Russia.In a statement, the Zimbabwe Coalition on Debt and ...Published: 01 Jul 2022 at 07:22hrs | 225 | by Staff reporter
Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 29 Jun 2022 at 07:42hrs | 563 | by Staff reporter
Smirnoff vodka leaving Russia
The UK-based owner of popular alcohol brands says it will wind down all business operations within six monthsUK-based alcoholic beverage producer Diageo is leaving Russia due to the Western sa...Published: 28 Jun 2022 at 18:37hrs | 1989 | by Staff reporter
Nigel Chanakira, please leave politics to politicians
Nigel Chanakira, please leave politics to politicians-no single individual, group, or political party can fight an entrenched dictator alone. One of the requirements of regime change is Unity of Oppos...Published: 28 Jun 2022 at 14:44hrs | 5093 | by Sam Wezhira
34,000 new houses for teachers, says Mthuli Ncube
THE government has said it would embark on a highly ambitious project to build 34,000 houses for teachers in the next five years.This comes at a time when teachers and health workers have been...Published: 28 Jun 2022 at 12:16hrs | 1043 | by Staff reporter
South Africa's moonlighting President has a serious constitutional case to answer
Our rudderless President Cyril Ramaphosa has been exposed not only for his lack of leadership, but also for his gross misunderstanding of the country's Constitution.We all know that he was a v...Published: 28 Jun 2022 at 12:01hrs | 345 | by Paul Ngobeni
South Africans face another fuel price increase as well as interest rate hike
There seems to be no reprieve for South African wallets as another hefty fuel increase is predicted for next week, as well as economists anticipating further interest hikes.The Organisation Un...Published: 27 Jun 2022 at 19:33hrs | 689 | by Staff reporter
Zimbabwe bans US$ sales discounts
FINANCE Minister, Mthuli Ncube on Monday traversed a tight passage as he balanced between the country's pressing economic needs and the tide of rising inflation prompted by external factors and low co...Published: 27 Jun 2022 at 19:06hrs | 3269 | by Staff reporter
'South Africa's petrol price could hit R40 a litre'
The ongoing war in Ukraine is costing South Africa billions in lost revenues and added costs, and trade officials are concerned that further widespread disruptions to the local economy are likely....Published: 26 Jun 2022 at 12:29hrs | 1939 | by Staff reporter
Sanctions make Russian debt default a non-event
Russia is on the brink of its first debt default since 1998 as the Sunday deadline to make a $100m interest payment seems certain to be missed.Russia has the money and is willing to pay, but s...Published: 26 Jun 2022 at 09:26hrs | 513 | by BBC
Ramaphosa has a serious constitutional case to answer
Our rudderless President Cyril Ramaphosa has been exposed not only for his lack of leadership, but also for his gross misunderstanding of the country's Constitution.We all know that he was a v...Published: 26 Jun 2022 at 09:26hrs | 696 | by Paul Ngobeni
African leaders shun Ukraine's Zelensky
Only four out of 55 leaders reportedly listened to President Zelensky's virtual address to the African UnionJust a handful of African heads of state tuned in to personally listen to Ukrainian ...Published: 26 Jun 2022 at 08:51hrs | 2226 | by Staff reporter
G7 face battle for unity as cost of Ukraine war mounts
The Russian war against Ukraine will inevitably dominate the summit of G7 nations in Bavaria.And the leaders of the US, UK, Germany, France, Italy, Canada and Japan face a difficult challenge....Published: 26 Jun 2022 at 08:50hrs | 342 | by Staff reporter
Family of 6 now requires ZW$110,550 for monthly expenses in Zimbabwe
THE cost of living for a family of six has shot up to a whooping ZW$110 550 for monthly expenses, Zimbabwe National Statistics Agency (ZIMSTAT) latest data for June 2022 has revealed.During th...Published: 26 Jun 2022 at 08:16hrs | 404 | by Staff reporter
Zimbabwe inflation doubles in two months to 191%
ZIMBABWE'S annual inflation rate quickened to 191.6 percent in June, more than doubling the consumer price increases of two months ago, official statistics showed Saturday.The development came...Published: 26 Jun 2022 at 08:16hrs | 316 | by Staff reporter
'Zimbabwe takes principled stand on Russia'
Government made the right decision to reject brazen attempts by the United States (US) to arm-twist Zimbabwe into joining a Washington-led coalition to isolate Russia for the conflict in Eastern Europ...Published: 26 Jun 2022 at 08:09hrs | 913 | by Staff reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | 192 | by Staff reporter
Joe Biden appoints new Zimbabwe ambassador
UNITED States (US) President Joe Biden has appointed Pamela M Tremont as the new ambassador to Zimbabwe.Brian A Nichols was the last US ambassador to Harare, having served in the country betwe...Published: 24 Jun 2022 at 07:39hrs | 817 | by Staff reporter
Mnangagwa says there iso excuse for not registering to vote
PRESIDENT Mnangagwa has implored all Zimbabweans to register to vote ahead of the 2023 harmonised elections saying those without identity particulars should take advantage of the ongoing free registry...Published: 24 Jun 2022 at 07:37hrs | 160 | by Staff reporter
Parly probes companies refusing local currency
PARLIAMENT will soon institute urgent investigations into manufacturers and wholesalers that are not accepting local currency as a means of payment for basic commodities despite obtaining foreign curr...Published: 22 Jun 2022 at 06:40hrs | 241 | by Staff reporter
Dubai Zimbabwe's second-largest gold market
THE United Arab Emirates (UAE) has consolidated its position as Zimbabwe's second-largest export destination as gold shipments to the region continue to grow, a new report by the country's statistical...Published: 21 Jun 2022 at 15:24hrs | 712 | by Staff reporter
Germany wanted South Africa to get away from coal but itself is back on coal fired power plants
Germany which was reported to be availing €700 million (R12.5 billion) towards helping South Africa phase out the use of coal has started up its Coal-fired power plants again as the country compensa...Published: 21 Jun 2022 at 14:16hrs | 472 | by Staff reporter
South Africa taxis to hike fare amid spiralling fuel hikes
South Africans who make use of minibus taxis as a means of transportation will have to brace for another cost of living increase, after a Santaco representative revealed that the organisation is set o...Published: 21 Jun 2022 at 14:03hrs | 266 | by Staff reporter
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