Search / World bank
Forex crisis vexes Mnangagwa
AROUND mid-day on Tuesday, a decorated procession blasted off State House, its lash green lawns and flowering jacaranda trees complimenting to give breathtaking scenery.It was a long processio...Published: 8 hrs ago | 3008 | by Staff reporter
Mthuli Ncube directs all traders to accept bond notes
Finance and Economic Development Minister Professor Mthuli Ncube has directed all traders to accept bond notes as they remain legal tender in the country. This comes as some unscrupulous whole...Published: 21 hrs ago | 1319 | by Staff reporter
'Seek ye first the political kingdom' advised Dr Nkrumah. We did not and have paid dearly for our folly
"Seek ye first the political kingdom and all else shall be added unto you," said Dr Kwame Nkrumah, the first President of Independent Ghana. After 38 years of blundering from pillar to post wh...Published: 19 Sep 2018 at 22:16hrs | 350 | by Patrick Guramatunhu
UK to support Zimbabwe IMF programme
Britain will support Zimbabwe to get on an interim IMF staff programme to help the country quickly clear its foreign arrears, Britain's ambassador in Harare said on Tuesday. Clearing the $1.8 ...Published: 19 Sep 2018 at 07:37hrs | 3518 | by Staff reporter
Mthuli Ncube's economic stabilisation programme out next month
FINANCE minister Mthuli Ncube will next month unveil a transitional economic stabilisation programme that will address fiscal and monetary reforms as well as an arrears clearance programme.Zim...Published: 19 Sep 2018 at 07:15hrs | 748 | by Staff reporter
UK hails setting up of Mnangagwa's Commission of Inquiry
OUTGOING United Kingdom Ambassador to Zimbabwe, Catriona Laing, says her country was encouraged" by the setting up of a Commission of Inquiry into the political violence of August 1, which led to the ...Published: 19 Sep 2018 at 06:58hrs | 410 | by Staff reporter
UK to support Zimbabwe clear its arrears
The United Kingdom says it will support Zimbabwe to clear its arrears with the International Monetary Fund (IMF) and the World Bank.Outgoing British Ambassador Catriona Laing advised on this d...Published: 18 Sep 2018 at 19:13hrs | 2982 | by Staff reporter
Stench of sewage in cholera-hit Harare
Zimbabwe is struggling with its worst outbreak of cholera in a decade, which has killed at least 28 people. An emergency has been declared and public gatherings banned in the capital, Harare.L...Published: 18 Sep 2018 at 16:40hrs | 1533 | by BBC
Zimbabwe's mobile data charges second highest in Africa - report
Zimbabwe has the second most expensive mobile data in sub-Saharan Africa after Equatorial Guinea at $25 for one gigabyte, a technology report released last week has shown.Despite the spread of...Published: 18 Sep 2018 at 07:41hrs | 750 | by Staff reporter
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 18 Sep 2018 at 07:32hrs | 2663 | by Dr Masimba Mavaza
Remittance income drives Africa's economic growth - Report
A report launched by the Institute of Chartered Accountants in England and Wales (ICAEW) has said that despite an economic slowdown, most African countries are having a positive economic outlook. ...Published: 17 Sep 2018 at 06:46hrs | 97 | by Staff reporter
World Bank optimistic on Mnangagwa's new Cabinet
Bretton Woods institution, the World Bank says work outlined by the new Cabinet should determine the flow of foreign direct investment (FDI) into the country, as investors are increasingly warming up ...Published: 17 Sep 2018 at 06:40hrs | 662 | by Staff reporter
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3565 | by Staff reporter
Mnangagwa cannot do it alone
Command Agriculture has put the country on the path of food self-sufficiency, increased rural incomes and better living standards.Agriculture's influence, as a sector which supplies 60 percent of ...Published: 16 Sep 2018 at 08:50hrs | 279 | by Munyaradzi Mlambo
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 13036 | by Staff reporter
Mthuli Ncube has little to offer to Zimbabwe's sodomized economy
The Zimbabwe's national debt is said to be well above $18 billion with the foreign debt contributing $7.5 billion. The foreign debt ($7.5 billion) excludes the private sector foreign debt of $2.5 bill...Published: 12 Sep 2018 at 10:15hrs | 6697 | by Don Chigumb
Mthuli Ncube has a cash crisis plan
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube says government expects to announce a plan to tackle the on-going currency crisis by month-end and confirmed that he expects to r...Published: 11 Sep 2018 at 13:43hrs | 6311 | by Staff reporter
Industry minister outlines plans
New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...Published: 11 Sep 2018 at 06:32hrs | 1247 | by Staff reporter
Zimbabwe seeks return to dollar as new govt sworn in
Zimbabwe's newly sworn-in finance minister on Monday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in a bid to revive the battered economy....Published: 10 Sep 2018 at 16:27hrs | 4659 | by AFP
Mthuli Ncube on his Zimbabwe Financial plan
Newly appointed Finance and Economic Development minister Professor Mthuli Ncube says one of his immediate goals as minister will be to re-engage international financiers such as the International Mon...Published: 10 Sep 2018 at 16:16hrs | 6786 | by Staff reporter
Mthuli Ncube lays out his plan for Zimbabwe
The people of Zimbabwe will prosper only when Government can lay the foundation of a stable macroeconomic environment that will encourage investment from home and abroad.The key to creating su...Published: 09 Sep 2018 at 08:19hrs | 6851 | by Staff reporter
Mnangagwa appoints technocrats in new Cabinet
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 08:28hrs | 1519 | by Staff reporter
Mnangagwa in Cabinet shocker
PRESIDENT Emmerson Mnangagwa yesterday pulled a shocker when he dropped several Zanu PF party bigwigs, some who had served as Cabinet ministers for several years, and appointed three technocrats - for...Published: 08 Sep 2018 at 07:14hrs | 2779 | by Staff Reporter
Letter to Comrade Julius Malema
Dear Mr. Malema, Firstly, I would like to apologize to you personally because when you started your political path, I am one of those you did not take you seriously. I was deeply concerned abo...Published: 07 Sep 2018 at 06:51hrs | 3124 | by Nomazulu Thata
UK names new Zimbabwean ambassador
THE United Kingdom has appointed a new Ambassador to Zimbabwe to replace Ms Catriona Laing in January next year. In a statement yesterday, the UK Government confirmed Ms Melanie Robinson's app...Published: 05 Sep 2018 at 06:51hrs | 607 | by Staff reporter
IDBZ gets $150m capital injection
The Government has injected $150 million equity capital into the Infrastructure Development Bank of Zimbabwe to help the institution discharge its mandate of providing long and medium term funding for...Published: 05 Sep 2018 at 06:28hrs | 194 | by Staff reporter
Zimbabwe fuel consumption spikes 24%
Fuel consumption has spiked 24 percent to 752,4 million litres between January and June this year, largely in response to rising economic activity sparked by renewed investor confidence following the ...Published: 03 Sep 2018 at 07:12hrs | 1062 | by Staff reporter
Mnangagwa's likely trajectory
THE most significant political fact about Zimbabwe today is that it is mired in a complex and turbulent multi-dimensional transition of which the just-ended elections were a part. The bitterly contest...Published: 01 Sep 2018 at 13:48hrs | 3156 | by Eldred V Masunungure
'Mnangagwa will succeed in reintegrating Zimbabwe'
FITCH Solutions, a leading economic research firm, which is part of reputable global credit rating agency Fitch Ratings, believes President Mnangagwa will make progress in reintegrating Zimbabwe into ...Published: 31 Aug 2018 at 06:40hrs | 657 | by Staff reporter
Zimbabwe is about to become a colony again
'The Zimbabwean's' Own Correspondent is absolutely right to warn Zimbabwe (as well as all Africa) of the dangers of China’s colonising activities: see ...Published: 30 Aug 2018 at 22:13hrs | 2082 | by David Barber and Tendai Ruben Mbofana
Prof. Mthuli Ncube: How to kick start Zimbabwe's economic recovery
There is a lot of work to do on the economic front but what is important is to draft a very clear economic vision and strategy for the country, to create an economy that exhibits strong GDP growth ove...Published: 30 Aug 2018 at 22:05hrs | 6236 | by Professor Mthuli Ncube
'ED is Mugabe mark 2!' skunk is out and UK wants it doused with GNU, Chanel 5 perfume
There are certain events which, on their own would not even be noticed, assume ginormous significance because of the circumstance under which they take place. The last straw that broke the camel's bac...Published: 30 Aug 2018 at 18:21hrs | 3559 | by Wilbert Mukori
Chamisa banks on EU, UK pressure
Despite the denials in the officialdom, the European Union (EU) and the British government seem to be succeeding in mellowing protagonists in the Zimbabwe crisis and nudging them towards some form of ...Published: 30 Aug 2018 at 12:59hrs | 3649 | by Staff reporter
Unlocking Zimbabwe's tourism potential
There must be no doubt in anyone's mind that tourism continues to be one of the fastest-growing and most dynamic sectors in Africa and this must therefore necessarily include Zimbabwe. Tourism has the...Published: 29 Aug 2018 at 14:35hrs | 364 | by Vince Musewe
Zimbabwe: A future finely balanced between democracy and militarisation
Emmerson Dambudzo Mnangagwa's inauguration as Zimbabwe's second president and commander-in-chief consummated power for the main beneficiary of the November 2017 coup that forced Robert Mugabe's long d...Published: 29 Aug 2018 at 08:44hrs | 820 | by David B. Moore, University of Johannesburg
Zimbabwe plans to clear debt arrears in six months
ZIMBABWE is planning to settle its debt arrears with multilateral institutions in the next six months, Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said.The southern African count...Published: 24 Aug 2018 at 06:05hrs | 2934 | by Staff reporter
Trump under fire over South Africa land reform
SOUTH Africa's land reform policy was long overdue and attempts by United States President Mr Donald Trump to muddy the programme is clear testimony of his administration's defiance to black self-dete...Published: 24 Aug 2018 at 05:43hrs | 484 | by Staff reporter
US sanctions on Zimbabwe - truths, history and lies
A new regime of US sanctions has just been signed into law, opening a fresh front in the increasingly polarised political debate in Zimbabwe.Critics say they hurt the economy, while supporters...Published: 20 Aug 2018 at 19:01hrs | 5630 | by newsZWire
Zimbabwe inflation reaches record high since 2012
PRESSURE on the parallel exchange rate market continues to pile due to shortage of foreign currency in the economy forcing Zimbabwe's year-on-year inflation rate to reach 4,29 percent last month....Published: 20 Aug 2018 at 05:52hrs | 1390 | by Staff reporter
Sadc demands end to sanctions on Zimbabwe
The 38th Sadc Summit of Heads of State and Government ended yesterday with a call for the international community to lift all sanctions on Zimbabwe.The call by Sadc, contained in a communique,...Published: 19 Aug 2018 at 06:29hrs | 661 | by Staff reporter
Mnangagwa's new cabinet will either kill or awaken Zimbabwe's economic prospects
The real threat to Zanu-PF's survival does not come from Nelson Chamisa's election petition court challenge. It comes from within Zanu-PF itself and how its leader will decide to confront the politica...Published: 17 Aug 2018 at 17:09hrs | 3355 | by Hopewell Chin'ono
Unpacking impact of sanctions on Zimbabwe
According to Cambridge Advanced Learner's Dictionary, sanctions are defined as "official orders such as the stopping of trade, which is taken against a country in order to make it obey international l...Published: 16 Aug 2018 at 06:18hrs | 1066 | by Panganai Kahuni
So far, signs not pointing to investor interest
A quick search done on Zimbabwe on the Google search engine yesterday in the morning under the news section, before scrolling down the page, gave eight stories on the country, with five being negative...Published: 15 Aug 2018 at 06:54hrs | 847 | by Tatira Zwinoira
Zimbabwe to continue engaging US on sanctions
Zimbabwe will continue to re-engage the United States of America despite the regrettable signing into law of the amended Zimbabwe Democracy and Economic Recovery Amendment Act (ZIDERA), Foreign Affair...Published: 13 Aug 2018 at 06:39hrs | 133 | by Staff reporter
US sanctions a blow for Zimbabwe debt relief plans
The decision by the United States to extend its sanctions against Zimbabwe will complicate the country's push to reduce its foreign debt of $13 billion, an expert has warned.US President Donald Tr...Published: 12 Aug 2018 at 10:00hrs | 507 | by Staff reporter
Zimbabwe's GDP per capita rises
The standard of living in Zimbabwe has improved significantly with gross domestic product (GDP) per capita rising from $1004 last year to the current $1112, according to World Bank and the Internation...Published: 10 Aug 2018 at 08:08hrs | 1440 | by Staff reporter
Zimbabwe to become 'light house' of Africa, says Sir Richard Heygate
Zimbabwe continues to be primed for massive economic take-off following the July 30 harmonised elections won by Zanu-PF, with revered global businessman, Sir Richard Heygate, saying the country will s...Published: 09 Aug 2018 at 07:40hrs | 643 | by Staff reporter
Zimbabwe licking self-inflicted political, socio-economic wounds
ZIMBABWE'S current economic woes were self-inflicted and the ruling party, Zanu-PF, should take full responsibility for the demise of the economy.For instance, the country has a habit of viola...Published: 08 Aug 2018 at 06:39hrs | 475 | by Mthandazo Nyoni
Divided nation, broken economy face Zimbabwe's new leader
President Emmerson Mnangagwa's tenure as Zimbabwe's newly-elected president got off to a rocky start.President-elect Emmerson MnangagwaHe narrowly secured a five-year term in an election marre...Published: 07 Aug 2018 at 07:35hrs | 510 | by Bloomberg
World Bank backs Mnangagwa vision
Zimbabwe is poised to become an upper middle-income economy within a decade, according to the World Bank's vice-president for Africa.President-elect Emmerson Mnangagwa has outlined a vision to...Published: 05 Aug 2018 at 09:43hrs | 720 | by Bloomberg
Load More Stories
