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Mthuli Ncube misleading Mnangagwa, says Mashakada
FORMER Economic Planning and Investment Promotion minister Tapiwa Mashakada has accused Finance minister Mthuli Ncube of misleading President Emmerson Mnangagwa and the nation through his continued de...Published: 1 hr ago | 273 | by Staff reporter
Zanu PF cannot celebrate blocking July protests, given worsening economy, it is when, not if, for next protests
There is no doubt that President Emmerson Mnangagwa and his cronies will view the nonevent July 31st Street Protests as a political victory. But if the truth be told, this is not even a Pyrrhic victor...Published: 14 hrs ago | 2344 | by Patrick Guramatunhu
Decaying infrastructure drags Zimbabwe to Stone Age
ZIMBABWE is lagging behind other regional countries in infrastructural development and would require huge investment to build robust infrastructure and catch up with continental leaders, a new report ...Published: 02 Aug 2020 at 09:17hrs | 222 | by Staff reporter
How white farmers clinched US$3,5 billion deal
GoVerNmeNt's decision to pay white former commercial farmers Us$3.5 billion compensation came after protracted negotiations starting from the late Robert Mugabe's time, it has been revealed.Pr...Published: 02 Aug 2020 at 09:14hrs | 1296 | by Staff reporter
Global financiers shut out Zimbabwe
GOVERNMENT says it is failing to access international financial aid necessary in mitigating the social and economic effects of the Covid-19 pandemic because of sanctions imposed on Zimbabwe by Western...Published: 31 Jul 2020 at 07:58hrs | 2511 | by Staff reporter
Mohadi in Tanzania for Mkapa funeral
VICE President Kembo Mohadi left the country this morning to attend the funeral of former Tanzanian President Benjamin Mkapa who died on Thursday at Dar es Salaam Hospital where he had been admitted f...Published: 28 Jul 2020 at 20:24hrs | 1890 | by Staff reporter
2020 Mid Term Budget Hits and Misses
The 2020 mid-term budget and economic review was delivered amid high inflation levels and declining economic productivity that has been worsened by the Corona Virus pandemic. The Zimbabwean economy is...Published: 27 Jul 2020 at 20:38hrs | 1143 | by Victor Bhoroma
Was the shutting down of mobile money, ZSE a necessary evil?
ON June 26, 2020 the Information ministry announced in a tweet that all mobile money transactions and the Zimbabwe Stock Exchange (ZSE) would stop transacting forthwith.The authorities halted ...Published: 26 Jul 2020 at 11:11hrs | 2663 | by Admire Maparadza Dube
Digital trade is the next big thing in Africa
Wamkele Mene was recently appointed Secretary General of the African Continental Free Trade Area Secretariat. Because of COVID-19, free trade for countries that have ratified the agreement did not beg...Published: 25 Jul 2020 at 07:57hrs | 294 | by Kingsley Ighobor
IFC Announces $50 Million Loan to Equity Bank to Support Kenyan SMEs During COVID-19
IFC, a member of the World Bank Group, has announced a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME...Published: 22 Jul 2020 at 15:56hrs | 169 | by Stephen Jakes
IFC Announces $50 Million Loan to Equity Bank to Support Kenyan SMEs During COVID-19
IFC, a member of the World Bank Group, has announced a $50 million loan to Equity Bank Kenya to help it increase working capital and trade-related lending to its small and medium-sized enterprise (SME...Published: 22 Jul 2020 at 10:19hrs | 141 | by Stephen Jakes
South Africa's economy has been crushed by COVID but could be on the mend
South Africa's economy is forecast to drop by a robust 7.2% in 2020 which would be the worst performance in nearly 90 years. The pandemic has spread throughout the region generate a devastating toll o...Published: 21 Jul 2020 at 21:06hrs | 1712 | by Staff writer
Assault on property rights closes Zimbabwe for business
The government directive to suspend the Zimbabwe Stock Exchange (ZSE) operations on the 26th of June 2020 and the recent political threats to eject Old Mutual Zimbabwe, PPC and SeedCo International fr...Published: 19 Jul 2020 at 07:00hrs | 1357 | by Victor Bhoroma
'Mnangagwa determined to re-engage'
ZIMBABWE is determined to re-engage the world and is doing everything it can to improve the economic welfare of its people but needs the albatross rock of illegal economic sanctions imposed by western...Published: 16 Jul 2020 at 07:39hrs | 1087 | by Staff reporter
Zimbabwe sets its sights on nuclear power
Zimbabwe will have a draft sustainable energy policy by year end that among other critical issues, will promote greater use of renewable sources including nuclear power, according to Energy and Power ...Published: 14 Jul 2020 at 08:52hrs | 4173 | by Staff reporter
Covid-19 plunges Zimbabwe into wildlife management crisis - What can be done before vaccine?
The Covid-19 pandemic has led to an almost three-month ban on international and domestic travel to Zimbabwe's prime tourist resorts. This has plunged the country into a wildlife management crisis char...Published: 08 Jul 2020 at 07:34hrs | 1790 | by Emmanuel Koro
Setback for Mthuli Ncube
THE Paris Club has spurned the Zimbabwean government's appeal for a bailout saying no financial assistance will be extended to Harare until satisfactory reforms implemented.Paris Club comprise...Published: 05 Jul 2020 at 15:08hrs | 6944 | by Staff reporter
MDC, the architects of Zimbabwe's misery
UNINFORMED Zimbabweans have continuously blamed Government for the current economic meltdown. For almost two decades, some sections of the society have continued to point fingers at the Government for...Published: 05 Jul 2020 at 11:07hrs | 829 | by Khumbula Vodloza Sibanda
MDC sanctions treachery exposed
ALTHOUGH the MDC Alliance vainly attempts to create the impression of being a saviour of the people of Zimbabwe from its opponent, ZANU-PF, it is increasingly coming to the fore that it is against the...Published: 05 Jul 2020 at 11:06hrs | 652 | by Nobleman Runyanga
Mnangagwa graft fight pie in the sky
European Union (EU) ambassador to Zimbabwe Timo Olkkonen's remarks that the EU will not provide budgetary support to Zimbabwe as has happened to other countries to stabilise their economies in the wak...Published: 02 Jul 2020 at 18:26hrs | 1632 | by Staff reporter
Zanu PF blames 'illicit market' plus usual suspects minus MDC for growing instability - 'It is the economy, stupid'
"The politics are being shaped from the market, it is as if we are being told, if you won't have MDC-Alliance for an opposition then we will create an opposition for you through illicit market activit...Published: 01 Jul 2020 at 22:06hrs | 2269 | by Nomusa Garikai
Chanisa aligned EU ruled out providing budgetary support to Zimbabwe
THE European Union (EU) has ruled out providing budgetary support to Zimbabwe to stabilise its economy citing lack of accountability and high-level corruption.EU ambassador to Zimbabwe Timo Ol...Published: 01 Jul 2020 at 07:26hrs | 1277 | by Staff reporter
Zimbabwe on the edge again?
A Zimbabwean shopper in a Harare supermarket shook his head, grumbling as he returned a loaf of bread to a rack after finding the price had jumped by a third and he could no longer afford it.N...Published: 28 Jun 2020 at 10:17hrs | 3254 | by AFP
Mnangagwa courts unrest
Zimbabweans celebrated in their tens of thousands when the military ousted Robert Mugabe and installed Emmerson Mnangagwa as president. Two-and-a-half years later, the party is over.Mnanga...Published: 28 Jun 2020 at 08:13hrs | 782 | by Bloomberg
De-dollarisation recipe for disaster: Lessons from Peru
THE following are the numerous questions that need to be addressed about the Reserve Bank of Zimbabwe (legal tender) Regulations, SI 142.Has government addressed the fundamentals which lead to...Published: 26 Jun 2020 at 07:42hrs | 1626 | by Justice Dzama
Mnangagwa says 'end is coming'
President Emmerson Mnangagwa warned his government will tackle "malpractices" that have undermined his government's efforts to end an economic crisis.The comments echo remarks Mnangagwa made t...Published: 24 Jun 2020 at 20:59hrs | 11443 | by Staff reporter
Why it's time for Africa to adopt a regional digital financial identity
According to the World Bank Group's Identification for Development, 1.1 billion people globally, including women, children and refugees, lack any form of officially recognised identification. This is ...Published: 24 Jun 2020 at 19:28hrs | 274 | by Nkosinathi Ncube
'Zimbabwe needs bailout or political breakthrough'
Zimbabwe cannot revive its economy without an international bailout, but any bailout is most likely to come with political and economic conditions attached to it. This comes as the economy is forecast...Published: 24 Jun 2020 at 17:44hrs | 884 | by Staff reporter
MDC jecha boys' tendency for mindless destruction
A walk along Harare's Simon Muzenda Street (formerly Forth Street), past a City of Harare paid parking lot, reveals a rusting body of a bus parked near the eastern part of the municipal space. ...Published: 24 Jun 2020 at 07:07hrs | 1871 | by Nobleman Runyanga
'Chinese are treating us as junk in our mother land' - a microcosm of omnipresent and omnipotent Zanu-PF
"Several Zimbabweans have been treated like junk in their own country. The Chinese have been left to do as they please in our mother land," wrote Dr Masimba Mavaza, in a recent article."While ...Published: 23 Jun 2020 at 19:35hrs | 1802 | by Patrick Guramatunhu
South African jobless rate swells to worst level in 10 years under Ramaphosa
South Africa's official unemployment rate has risen to 30.1%, the highest rate in the past decade.Statistics South Africa on Tuesday released its quarterly labour force survey for the first qu...Published: 23 Jun 2020 at 15:02hrs | 1780 | by Staff reporter
2 000 civil servants struck off payroll
AT LEAST 2 000 civil servants have been struck off the government's payroll after failing to comply with the Public Service Commission's directive to register under the Public Service Biometric Authen...Published: 20 Jun 2020 at 17:46hrs | 2730 | by Staff reporter
Zimbabwe instability blights Common monetary Area prospects
FORMER Finance minister Tendai Biti says Zimbabwe's economic crisis, characterised by currency volatility, 785% inflation, a gargantuan debt stock estimated at US$10 billion and dwindling exports, hin...Published: 19 Jun 2020 at 08:25hrs | 802 | by Staff reporter
Zimbabwe's economic crisis reach a breaking point
FORMER finance minister and MDCAlliance vice-president Tendai Biti says Zimbabwe, gripped by the twin crises of an imploding economy and the Covid-19 pandemic that have seen the International Monetary...Published: 19 Jun 2020 at 08:21hrs | 1990 | by Staff reporter
Zimbabwe to get another helping hand from the AfDB
Zimbabwe's attempts to raise money to fight Covid-19 are looking up as the African Development Bank (AfDB) is planning to give it US$13.7 million (about R235 million) in financial assistance.T...Published: 16 Jun 2020 at 12:15hrs | 461 | by Staff reporter
Kariba water pumps saga takes new twist as supplier dodges questions
The resort town of Kariba is currently being likened to "The Fool" in Reggae great Bob Marley's hit single "Rat Race", who goes thirsty in the abundance of water. The song is a serious social commenta...Published: 15 Jun 2020 at 08:11hrs | 1310 | by Laiton Kandawire: Patsaka-Nyaminyami Community Radio Environment and Tourism Correspondent
Let's pray against economic demons on National Day of Prayer
TOMORROW June 15, 2020 has been declared the Presidential Day of Prayer in the wake of the Covid-19 pandemic whose infections have spiked. After Zimbabwe recorded its first case on March 20, 2...Published: 14 Jun 2020 at 19:28hrs | 1085 | by Robin Mungate
'Farcical and surreal'
'Farcical and surreal - like a poorly scripted Mr Bean film without the comedy' was how MDC Vice-President Tendai Biti described his arrest with other party leaders last week for trying to enter their...Published: 14 Jun 2020 at 19:27hrs | 1085 | by Zimbabwe Vigil Diary
Zimbabwe forex woes set to deepen, researchers warn
Zimbabwe's foreign currency shortages are set to worsen due to the effects of the Covid-19 pandemic that has reduced exports and slowed down remittances, a leading research firm has warned.IH ...Published: 14 Jun 2020 at 10:10hrs | 518 | by Staff reporter
Decaying infrastructure drags Zimbabwe to Stone Age
ZIMBABWE is lagging behind other regional countries in infrastructural development and would require huge investment to build robust infrastructure and catch up with continental leaders, a new report ...Published: 14 Jun 2020 at 10:05hrs | 150 | by Nyasha Chingono
Massive political implosion beckons
BACK in the day, there was nothing as maddeningly hectic and nerve-fraying as the monthly pilgrimage of shepherding cattle to the communal dip tank.It really tested your tolerance, patience, s...Published: 14 Jun 2020 at 09:40hrs | 281 | by Bishop Lazarus
Arrest Collins Mnangagwa and Mthuli Ncube: send them to rot in remand prison!
Finance Minister must answer charges of attempting to defraud international finance houses arguing that the funding is meant to alleviate coronavirus challenges and imminent coup. From the press confe...Published: 13 Jun 2020 at 23:32hrs | 7040 | by Nomazulu Thata
Zimbabwe punishes EU, America, and the World Bank!
Refusing Zimbabwe a corona bailout, World Bank and western countries must be severely punished. The punishment America and the western world received is greater than thunder itself. Three weeks ago, t...Published: 11 Jun 2020 at 18:34hrs | 8031 | by Nomazulu Thata
MDC A resorts to smear campaign to soil Mnangagwa's legacy
The social media was awash with news of corruption purported to be unearthed by Hopewell Chin'ono and his MDC A handlers. It was a big surprise that the target of the so called corruption was none oth...Published: 11 Jun 2020 at 14:30hrs | 5124 | by Dr Masimba Mavaza
Biti's six conditions for World Bank aid to Zimbabwe
Dear President Malpass IAM a senior official in Zimbabwe's largest opposition party and the chairman of the Parliamentary Public Accounts Committee, but I am writing to you today as a private ...Published: 10 Jun 2020 at 07:58hrs | 1928 | by Tendai Biti
'WB assistance must not entrench undemocratic Zanu PF' says Biti - True but add MDC, given it's duplicity
Tendai Biti has reported written to the World Bank asking them to make sure any financial assistance they give to Zimbabwe benefit the people and not the ruling elite. "Even in these unprecede...Published: 09 Jun 2020 at 18:55hrs | 1938 | by Patrick Guramatunhu
Zimbabwe economy to contract 10%
The World Bank projects a 10% contraction of Zimbabwe's economy in 2020, a worse outcome against the forecast Sub-Saharan Africa contraction of 2.8%. The country's economy is set to recover to a...Published: 09 Jun 2020 at 08:17hrs | 1376 | by Staff reporter
Tendai Biti in crusade to deny Zimbabwe World Bank support
AT a time when the country is grappling with devastating effects of Covid-19, opposition officials are working flat out to ensure that Zimbabwe does not get assistance from international lenders such ...Published: 09 Jun 2020 at 07:52hrs | 962 | by Staff reporter
3 000 ghost workers on Zimbabwe government payroll
TREASURY has struck off 3 000 names from Government's payroll after a recent headcount revealed thousands of ghost workers.The Public Service Commission (PSC) recently undertook a biometric re...Published: 07 Jun 2020 at 08:16hrs | 746 | by Staff reporter
US wants screws tightened on Zimbabwe
THE United States Senate Foreign Relations Committee chairperson, Jim Risch, has called for strict accountability and transparency measures for the US$7 million grant extended to Zimbabwe by the World...Published: 06 Jun 2020 at 19:20hrs | 5533 | by Staff reporter
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