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Things giving Mthuli sleepless nights
Food, power and currency stability are the three things keeping Finance minister Mthuli Ncube awake at night.The southern African country is facing drought for the second consecutive year, wit...Published: 5 hrs ago | 503 | by Staff reporter
Zimbabwe economy to contract by 5.5% says UN
Zimbabwe's economy will register a negative growth of 5.5% and 2.5% in 2019 and 2020 respectively owing to foreign currency shortages, elevated public debt and uncontrolled inflation, a recent report ...Published: 20 Jan 2020 at 05:54hrs | 1531 | by FinX
Polad economic summit on the cards
POLITICAL leaders under the banner, Political Actors Dialogue (Polad) have set plans to engage various business and industry sector players to come up with economic reforms that will be key in revivin...Published: 19 Jan 2020 at 05:40hrs | 216 | by Staff reporter
Mthuli Ncube sticks to his guns
Finance and Economic Development Minister Professor Mthuli Ncube has stuck to his guns, maintaining that the country is going to achieve 3 percent economic growth for 2020 in the face of independent f...Published: 19 Jan 2020 at 05:33hrs | 2081 | by Staff reporter
Mnangagwa faces serious challenges
A bleak outlook characterised by growing expectations to end Zimbabwe's political impasse, a weakening currency, power and foreign currency shortages stare in the face of President Emmerson Mnangagwa'...Published: 18 Jan 2020 at 08:58hrs | 11871 | by Staff reporter
Sanctions: EU, US and post-Mugabe Zimbabwe
THE United States of America (USA) has two forms of sanctions relevant to Zimbabwe. The first is imposed by Executive Order, with the President using powers under the International Emergency Economic ...Published: 17 Jan 2020 at 06:25hrs | 192 | by Derek Matyszak
'Mnangagwa's Zimbabwe needs US$16bn'
ZIMBABWE needs an estimated US$16 billion for infrastructural development as well as supporting governance and other institutional reforms as the country moves towards achieving an upper middle-income...Published: 17 Jan 2020 at 06:09hrs | 214 | by Staff reporter
'Debt forgiveness crucial for Zimbabwe'
AS the country's central bank and treasury chiefs head to the forthcoming World Economic Forum in Davos, Switzerland next week, Imara Asset Management (Imara) says the country is in desperate need of ...Published: 17 Jan 2020 at 05:54hrs | 57 | by Staff reporter
World Bank forecast 2,7pc growth for Zimbabwe
The World Bank has forecast Zimbabwe's economy to grow by 2,7 percent this year, a growth that almost tallies with Finance Minister Mthuli Ncube's 2020 National Budget projection of 3 percent. This fo...Published: 10 Jan 2020 at 09:28hrs | 1583 | by Staff Reporter
'Teachers need new skills to counter Zanu PF enslavement' - name just one profession with 0% unemployment
Once upon a time, 40 years ago but it might as well be 400 years ago for we have regressed so quickly we are now back in the dark ages, Zimbabwe used to produce enough food to not only feed all her pe...Published: 10 Jan 2020 at 07:55hrs | 1075 | by Wilbert Mukori
Mnangagwa commissions Norton flyover bridge
President Mnangagwa yesterday commissioned the US$4,5 million Norton road-over-rail bridge in Mashonaland West Province and promised that his Government will continue to construct major infrastructure...Published: 21 Dec 2019 at 07:44hrs | 704 | by Staff Reporter
Indian investors flock to Zimbabwe
THE new dispensation's rallying call, that Zimbabwe is open for business, has roused the interest of Indian investors amid indications that investment proposals from the Asian economic giant are growi...Published: 15 Dec 2019 at 09:17hrs | 1747 | by Staff Reporter
Zimbabwe faces a gloomy 2020
IN the three weeks since the 2020 national budget both the economy and Finance Minister Mthuli Ncube's recovery strategy have drifted closer to the rocks. In their stubborn refusal to heed development...Published: 13 Dec 2019 at 07:30hrs | 782 | by Anthony Hawkins
'Victoria Falls flowing all year round'
VICTORIA Falls is flowing throughout the year despite the devasting effects of climate change that are affecting the country and the tourism sector, a Cabinet Minister has said. Environment, T...Published: 13 Dec 2019 at 07:27hrs | 1158 | by Staff reporter
Rebuilding Zimbabwe starts with strong institutions
It is now apparent that Zimbabwe's socio-economic status needs rebuilding and radical reforms if the country is to develop. The economy is set to contract by at least 6.5% in 2019 according to data fr...Published: 09 Dec 2019 at 10:35hrs | 576 | by Victor Bhoroma
We're creating economic space for business, says Mnangagwa
Zimbabwe's economy is on the right path and Government continues to craft policies that seek to protect investments while creating an environment for business to thrive, President Mnangagwa said yeste...Published: 07 Dec 2019 at 08:29hrs | 1954 | by Staff Reporter
Mnangagwa wants business to help build economy
PRIVATE businesses are critical in growing Zimbabwe's economy and should exploit Government moves to improve infrastructure and make doing business easier by playing their part in the attainment of an...Published: 06 Dec 2019 at 07:14hrs | 211 | by Staff reporter
Govt should reduce political interference in SOEs
The World Bank has urged government to practise transparent and consistent reporting, expand gender diversity and to reduce political interference in the operations of State-Owned Entities (SOEs)....Published: 05 Dec 2019 at 06:40hrs | 519 | by Staff reporter
Gata saga rages
The appointment of Dr Sydney Gata as executive chairman of Zesa Holdings (Pvt) Ltd, continues to draw criticism with the country's development and technical partners in crafting the Public Entities Co...Published: 05 Dec 2019 at 06:28hrs | 651 | by Staff reporter
MDC in Harare turning into Mthuli cousins
DIFFERENTIATING Zanu-PF and the MDC led by Nelson Chamisa is not an easy thing, particularly for people who are not swayed by political rhetoric, and rally optics, but those who slowly and methodicall...Published: 04 Dec 2019 at 09:22hrs | 2345 | by Paidamoyo Muzulu
World Bank rules out financial bailout to Mnangagwa
THE World Bank (WB) has ruled out a possible financial bailout to President Emmerson Mnangagwa's government for now, saying Zimbabwe will only continue to benefit from technical assistance, analytical...Published: 03 Dec 2019 at 07:44hrs | 5790 | by Staff reporter
Zimbabwe's current economic meltdown beyond description
I am writing this piece writhing in agony because I see helplessness in our society with a moribund leadership on a broad scale. The current economic meltdown is beyond description especially given th...Published: 01 Dec 2019 at 10:20hrs | 2673 | by JJD Dube
Doctors strike: 'It is time to show leadership, people are dying'
The government is still struggling to find a solution to one of the major health crises in Zimbabwe's history, three months after junior doctors went on strike demanding better pay.Sapes Trust...Published: 01 Dec 2019 at 06:10hrs | 803 | by Staff reporter
UN calls for end to Zimbabwe sanctions
All sanctions against Zimbabwe, which were imposed "following policy disagreements concerning the manner in which the land reform programme was handled", must be removed immediately as they are affect...Published: 01 Dec 2019 at 05:47hrs | 475 | by Staff reporter
Zimbabwe poised for model state-of-the-art road network
ZIMBABWE is poised for a model state-of-the-art road network by 2030 as Government is working tirelessly to upgrade infrastructure despite illegal sanctions imposed on the country by the United States...Published: 30 Nov 2019 at 10:48hrs | 872 | by Staff reporter
Bring back the multi-currency regime, says Biti
FORMER Finance minister and Harare East legislator Tendai Biti says Zimbabwe needs to reintroduce the multi-currency regime, seek debt cancellation and liberalise the fuel industry, among other interv...Published: 29 Nov 2019 at 09:54hrs | 2798 | by Staff reporter
Government to deploy doctors to major hospitals
THE Government is working on modalities to restore minimum service delivery at the country's central hospitals in Bulawayo and Harare through the deployment of clinical officers who are stationed in t...Published: 29 Nov 2019 at 09:37hrs | 302 | by Staff reporter
Open letter to President Ramaphosa about Zimbabwe
Dear Mr President, ordinarily I would have sent this matter for your attention to your office; but as things stand north of Limpopo, the situation is dire and warrants urgent attention. This is why I ...Published: 27 Nov 2019 at 22:06hrs | 2949 | by Olwethu Sipuka
Matebeleland switches to rand amid currency turmoil
As the government celebrates the transition from the multi-currency regime to a mono-currency system as one of its successes towards currency reforms, it is a different situation altogether in rural M...Published: 24 Nov 2019 at 14:38hrs | 1580 | by Staff reporter
New taxation rules for large multinationals on cards
AFRICAN revenue administrators including Zimbabwe are considering an urgent review of tax incentives granted to large multinational companies whose growing virtual presence in the continent has prejud...Published: 24 Nov 2019 at 14:15hrs | 228 | by Staff reporter
We'll invest more in Zimbabwe - Nestle
The world's largest food and beverage processing company, Nestle, plans to continue investing in its Zimbabwean operations, which it says are poised for growth despite the prevailing economic challeng...Published: 22 Nov 2019 at 15:02hrs | 800 | by Staff Reporter
Biti slams 'amateurish' accounting
Former finance minister Tendai Biti said the omission of Chinese development assistance in the 2020 budget statement was "amateurish" after China made a strong protest on Tuesday.The Chinese e...Published: 21 Nov 2019 at 04:21hrs | 3312 | by ZimLive
Mnangagwa's govt embarks on 2nd round of ease of doing business
GOVERNMENT has embarked on the second round of Ease of Doing Business Reforms targeting 16 areas seen as critical in expediting the implementation of reforms aimed at creating a conducive environment ...Published: 21 Nov 2019 at 04:01hrs | 977 | by Staff reporter
Mnangagwa courts the world
THE international community should embrace Zimbabwe as it forges ahead with its engagement and re-engagement drive to attract global capital to rebuild the economy, President Mnangagwa has said. ...Published: 19 Nov 2019 at 05:42hrs | 237 | by Staff reporter
Why Mthuli Ncube will fail
While I wish Finance Minister Mthuli Ncube to succeed, the path he has followed is doomed to fail. I will detail the reasons why below. The situation in which he has placed Zimbabwe's finances is not ...Published: 17 Nov 2019 at 06:04hrs | 2741 | by Ken Mufuka
Mnangagwa warns corrupt councillors
PRESIDENT Mnangagwa yesterday issued a stern warning against corrupt councillors and council officials who divert public funds for personal use, saying Government will not hesitate to punish those cau...Published: 16 Nov 2019 at 08:08hrs | 818 | by Staff Reporter
Sasai exhibits at Africa's top tech conference
Sasai, the new all-in-one App from Cassava Fintech International (CFI), is exhibiting at AfricaTech, the fintech and digital expo that runs concurrently with AfricaCom, the continent's largest telco a...Published: 13 Nov 2019 at 13:37hrs | 719 | by Agencies
Sanctions on Zimbabwe - Not as simple as many think
IF one wishes to understand the issue of Western sanctions on Zimbabwe, they first have to stop thinking in binary terms by assuming that the restrictive measures affect only a few people, or that the...Published: 08 Nov 2019 at 05:16hrs | 930 | by Zechariah Mushawatu
Zimbabwe in debt distress
LACK of transparency in public debt management and the failure to comply with legal stipulations are now manifesting in depressed fiscal space and low domestic resource mobilisation, analysts have sai...Published: 08 Nov 2019 at 05:15hrs | 384 | by Staff reporter
Zimbabwe to engage UN on sanctions
THE Political Actors Dialogue (POLAD) has resolved to engage the United Nations, International Monetary Fund, World Bank and the international community over the need to urgently remove illegal Wester...Published: 06 Nov 2019 at 17:54hrs | 348 | by Staff reporter
Robert Mugabe meets Ian Smith in afterlife
Please Note: The credibility quotient for this article is this: If it deals with politics it's a fact; if it is dramatized it's fiction; if it is outrageously u...Published: 05 Nov 2019 at 07:46hrs | 8696 | by Field Ruwe
'Corruption biggest economic sanction in Zimbabwe'
A TOP economist has said corruption was the biggest economic sanction obstructing the country's development and urged government to introspect on its commitment to tackling graft.Senior resear...Published: 04 Nov 2019 at 06:02hrs | 380 | by Staff reporter
US, Zimbabwe rift widens
Foreign Affairs minister Sibusiso Moyo's threat to expel United States ambassador to Zimbabwe Brian Nichols following a row over sanctions has put the country's efforts to re-engage Washington in jeop...Published: 03 Nov 2019 at 06:56hrs | 6743 | by Staff reporter
Mnangagwa: The tenacity of pan-African moral political-standing
Last week on Thursday after addressing the Second Zanu-PF National Youth League Assembly meeting at the Party's Headquarters in Harare, His Excellency President Emmerson Mnangagwa left for Gaborone, B...Published: 03 Nov 2019 at 06:38hrs | 133 | by Dr Obert Mpofu
'We're going to improve lives of our people,' says Mthuli Ncube
Zimbabweans are bearing the brunt of soaring prices of basic commodities and cash shortages. They are also worried about the continued loss of value of the Zimbabwe dollar. To date, Government's auste...Published: 03 Nov 2019 at 06:35hrs | 651 | by Staff reporter
'Zesa new tariffs comparative to the region'
New electricity tariffs, which are considered punitive by consumers, are "comparative" to charges levied to consumers elsewhere in the region, the Zimbabwe Energy Regulatory Authority (Zera) has said....Published: 03 Nov 2019 at 06:33hrs | 294 | by Staff reporter
China still committed to financing Zimbabwe projects
THE African Forum and Network on Debt and Development (Afrodad), together with the Zimbabwe Coalition on Debt and Development (Zimcodd), this week held a multi-stakeholder public debt conference to di...Published: 01 Nov 2019 at 06:45hrs | 486 | by Staff reporter
'Millions of educated Zimbabwean youths jobless'
A YOUTH situational analysis report carried out from 2018 to 2019 and commissioned by the Youth Empowerment and Transformation Trust (YETT) has revealed that millions of educated youth in Zimbabwe are...Published: 01 Nov 2019 at 06:31hrs | 159 | by Staff reporter
Countries ponder laws against calling for sanctions
THE illegal sanctions imposed on the country by some Western countries from the turn of the new millennium have in no doubt impacted negatively on the economy and the livehoods of people, with estimat...Published: 27 Oct 2019 at 09:53hrs | 756 | by Staff reporter
Sanctions derail Zimbabwe's economic growth agenda
IT'S almost two decades now Zimbabwe has been alienated from the global financial systems due to sanctions imposed by western countries protesting the land reform programme implemented by the Governme...Published: 27 Oct 2019 at 09:50hrs | 224 | by Staff reporter
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