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Mthuli Ncube has a plan, but is it gobbledegook?
Zimbabwean finance minister Mthuli Ncube has laid out a plan to end the nation's two-decade stand-off with international creditors and has dismissed rapidly accelerating inflation as "wage compression...Published: 17 Aug 2019 at 11:08hrs | 3480 | by Bloomberg News
Mnangagwa promises Zimbabweans a better tomorrow
PRESIDENT Emmerson Mnangagwa has promised Zimbabweans a better tomorrow as long as they tough it out to see his austerity measures bear fruit.Mnangagwa told thousands gathered for Defence Forc...Published: 14 Aug 2019 at 07:38hrs | 685 | by newzimbabwe
'Jealously guard and defend our peace'
Address by his Excellency President Mnangagwa marking his first elective year in office, 30th July 2019. This month marks one year since our watershed d...Published: 10 Aug 2019 at 08:49hrs | 304 | by President Mnangagwa
Fully utilizing ZIDA to promote economic growth
The Zimbabwe Investment and Development Agency (ZIDA) Bill was gazetted on the 5th of April 2019. The purpose of the bill is to establish a single focal point that facilitates entry and implementation...Published: 09 Aug 2019 at 21:46hrs | 477 | by Victor Bhoroma
Mnangagwa advisor lashes govt, Mthuli Ncube
One of President Emmerson Mnangagwa's most loyal backers, Eddie Cross, has attached the government-accusing it of "practising the worst kind of corruption" and struggling to keep the country afloat. ...Published: 09 Aug 2019 at 08:10hrs | 12208 | by Staff reporter
Mnangagwa declares drought national disaster
President Mnangagwa has declared the 2018/2019 El-Nino-induced drought a State of National Disaster, paving way for the launch of the Revised Zimbabwe Humanitarian Appeal yesterday by Government and t...Published: 07 Aug 2019 at 09:21hrs | 264 | by Staff reporter
Mthuli Ncube confirms new grand fiscal heist
FINANCE minister Mthuli Ncube yesterday unwittingly confirmed government committed a grand US$7 billion fiscal heist - by design or accident - when it banned without warning the multi-currency system ...Published: 02 Aug 2019 at 15:17hrs | 3347 | by Staff reporter
Unions clash with Mnangagwa's govt
AS the nation plunges deeper into economic turmoil, trade unions have come under the spotlight as they clash with government and business over the working conditions of the country's ever-dwindling wo...Published: 02 Aug 2019 at 08:18hrs | 5903 | by Staff reporter
Mnangagwa govt getting in the way of its own reforms
FOR much of the past year, Zimbabwe's economy has oscillated between confusion and chaos, and as the second half of 2019 wears on, the headwinds show no immediate sign of relenting.This is in ...Published: 02 Aug 2019 at 08:04hrs | 437 | by Perry Munzwembiri
Mhondoro-Ngezi Shadow MP eases the struggles of old people
At a time in Zimbabwe's electoral cycle, when elected officials forget those that voted them into political office and concentrate on fattening their own welfare, shadow Mhondoro-Ngezi Member of Parli...Published: 29 Jul 2019 at 15:14hrs | 1559 | by Own Correspondent
Considerations on Zimbabwe's future
ZIMBABWE'S future is rarely discussed in holistic terms in everyday conversations. This is because the future is always in the immediate.This may appear contradictory or even complex, but it i...Published: 25 Jul 2019 at 07:57hrs | 261 | by Takura Zhangazha
Government defends Mnangagwa's 'kitchen cabinet'
Permanent Secretary in the Ministry of Information Publicity and Broadcasting Services Nick Mangwana has defended the Presidential Advisory Council members and equated them to other similar inst...Published: 23 Jul 2019 at 19:02hrs | 6604 | by Mandla Ndlovu
Sanctions scare away US$70bn
The illegal sanctions imposed on Zimbabwe by the West in the past two decades have cost the country over US$70 billion in lost revenue and lines of credit, Foreign Affairs and International Trade Mini...Published: 23 Jul 2019 at 08:14hrs | 195 | by Staff reporter
Zimbabwe applies to rejoin the club of former British colonies
The illegal sanctions imposed on Zimbabwe by the West have cost the country billions of dollars in lost revenue and lines of credit, Foreign Affairs and International Trade Minister Dr Sibusiso Moyo h...Published: 23 Jul 2019 at 08:07hrs | 253 | by Staff reporter
'EU relations are thawing, they observed 2018 elections' - rubbish, what did they say?
It is easy to see why Zimbabwe is in this economic mess, the pitiful lack of quality in all spheres of our governance say it all!"It is estimated, for those who have done the studies, that Zim...Published: 23 Jul 2019 at 07:52hrs | 1529 | by Patrick Guramatunhu
The role of Zimbabwe's diasporas in economic development
This article was 1st published on engineeringnews.co.zw. Zimbabwe is battling a water, fuel, forex and electricity crisis. Can diaspora funds save us? ...Published: 22 Jul 2019 at 23:06hrs | 753 | by Jacob Kudzayi Mutisi
The pig in Mthuli Ncube's bacon
I had occasion in my last visit to my discerning barber to try and explain the latest glowing World Bank reviews of the sterling performance of finance minister Mthuli Ncube and the minister's impecca...Published: 21 Jul 2019 at 10:22hrs | 4669 | by Zifiso Masiye
Mthuli Ncube to slash PAYE, VAT
Government has said it is considering lowering the income tax structure to stimulate demand for goods and services by reducing the Value Added Tax (VAT) and Pay As You Earn (PAYE) tax heads.Fi...Published: 19 Jul 2019 at 09:41hrs | 12823 | by Staff reporter
Trump nails Mnangagwa?
The United States of America has released yet another damning report on Zimbabwe - observing that President Emmerson Mnangagwa's government continues to fail to capitalise on the goodwill that was pre...Published: 17 Jul 2019 at 08:26hrs | 10727 | by Staff reporter
Mthuli Ncube's TSP could resolve most of Zimbabwe's structural problems, says US
PRESIDENT Emmerson Mnangagwa's reforms anchored on his short-term policy, the Transitional Stabilisation Programme (TSP) could resolve most of Zimbabwe's structural problems, his most vocal foreign cr...Published: 16 Jul 2019 at 07:29hrs | 3900 | by newzimbabwe
Lessons from Singapore on economic development
Singapore is a tiny island-city state in Southeast Asia with a total area of 718km2 (543 times smaller than Zimbabwe) and part of the four Asian Tigers (Others include Hong Kong, Taiwan and South Kore...Published: 15 Jul 2019 at 09:56hrs | 1321 | by Victor Bhoroma
Shambles rock Zimbabwe govt over domestic debt
GOVERNMENT is guesstimating the real domestic debt figure despite announcing that it settled a significant portion of it last week as chaos continues to characterise official communication on the stat...Published: 12 Jul 2019 at 09:20hrs | 467 | by Staff reporter
US$645m traded on interbank market
About US$645 million has been traded on the interbank market since the platform was established in February this year, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has said. "As at...Published: 09 Jul 2019 at 07:15hrs | 683 | by Staff reporter
Donald Trump's message to Mnangagwa
US President Donald Trump's administration is ratcheting up the pressure on Harare, saying the time has come for President Emmerson Mnangagwa to make a clear choice between implementing much-needed re...Published: 08 Jul 2019 at 08:31hrs | 16047 | by Staff reporter
The two faces of Zimbabwe
Zanu-PF popped the champagne to celebrate Zimbabwe's promotion by the World Bank from a lower income country to a lower middle economy. Apparently we now have an average annual income of $1,790....Published: 08 Jul 2019 at 08:28hrs | 1095 | by Zimbabwe Vigil Diary
Mnangagwa rejects conditions on US money
Zimbabwe has rejected preconditions set by the US government to access a US$60 billion facility availed to the African continent at the recent US-Africa Summit held in Mozambique. This was sai...Published: 06 Jul 2019 at 10:01hrs | 1670 | by Staff reporter
World Bank upgrades Zimbabwe
THE World Bank has upgraded Zimbabwe to a lower middle income economy from low income ranking, a giant leap towards prosperity under the new dispensation led by President Emmerson Mnangagwa. ...Published: 05 Jul 2019 at 08:03hrs | 1024 | by Staff reporter
Zimbabwe classified as lower-middle income country by World Bank
Zimbabwe has moved up to the lower-middle income category from lower income category under the World Ba...Published: 04 Jul 2019 at 17:32hrs | 2304 | by Ndou Paul
Concubinages, spouse, family barred on Govt trips
Government is tightening the belt in public finances management and has devised measures to govern expenditure and debt. A key feature of the new regulations - contained in Statutory Instrumen...Published: 03 Jul 2019 at 08:16hrs | 940 | by Staff reporter
Graft: Whistleblowers need full legal protection
On June 17, 2019, one of the lead stories in The Herald was "President rescues ZESA whistleblowers". The article was in reference to the well-intended intervention by President Mnangagwa on th...Published: 02 Jul 2019 at 08:09hrs | 198 | by Willard T. Mugadza
Business community must take a leading role in Economic Transformation
We have energy problems, we have political disputes, we have shortage inflation at hand and it is the duty and obligation of the business community to take a leading role in fostering the national dev...Published: 01 Jul 2019 at 19:04hrs | 691 | by Tinashe Eric Muzamhindo
Recession, Zim Dollar return and Economic Outlook
As the country enters the last half of the year and warms up to the re-introduction of the Zimbabwean Dollar, it is now evident that the economy is swiftly sliding into a recession. In 2018, the econo...Published: 01 Jul 2019 at 12:20hrs | 5250 | by Victor Bhoroma
Mthuli Ncube's quotes on currency reforms . . .
"Replacing the multi-currency regime anchored in the United States dollar by the South African rand as the sole transaction currency would help reduce over-valuation and stimulate exports and growth. ...Published: 01 Jul 2019 at 08:13hrs | 3762 | by Lisa Tazviinga
US$ as deity in Zimbabwe
THE Zimbabwean government recently did the unfathomable, at least according to social media pundits, some civil society organisations, unions and influential urbanites. It arbitrarily and abruptly re-...Published: 28 Jun 2019 at 06:22hrs | 1071 | by Takura Zhangazha
Jonathan Moyo threatens to expose Mnangagwa's advisors
Former Cabinet Minister Professor Jonathan Moyo has threatened to expose members of President Emmerson Mnangagwa's Presidential Advisory Council for being part of money spinning patronage system....Published: 27 Jun 2019 at 09:29hrs | 12828 | by Mandla Ndlovu
Smuggling: the new corruption frontier in Zimbabwe
As the Zimbabwean economy rapidly slides into hyperinflation induced recession, the levels of smuggling at the country's border posts has reached alarming levels. Cross border traders, foreign nationa...Published: 24 Jun 2019 at 20:27hrs | 3723 | by Victor Bhoroma
Zimbabwe has enough forex, says Chamisa
ZIMBABWE has millions in foreign currency that is adequate to sustain its economy, ramp up failing industries and sustain a return to dollarisation, opposition leader Nelson Chamisa has said.C...Published: 24 Jun 2019 at 07:09hrs | 5304 | by Staff Reporter
Principles on new currency in place
Government is working on modalities to introduce a new currency, which will be the sole legal tender for domestic transactions as fundamentals have now been put in place, President Mnangagwa has said....Published: 22 Jun 2019 at 01:15hrs | 1774 | by Staff reporter
Mnangagwa meets US Africa chief
Zimbabwe's re-engagement with the West went a gear up yesterday when President Mnangagwa had a historic meeting with United States assistant secretary (Bureau of African Affairs) at the US State Depar...Published: 20 Jun 2019 at 07:54hrs | 446 | by Staff reporter
Chicken project thrives on human waste
Kenyan farmer Victor Kyalo's chickens have doubled the number of eggs they are laying. The reason: Human excrement.He is feeding them food from a Nairobi-based organics recycling company. Sane...Published: 19 Jun 2019 at 07:48hrs | 3787 | by Staff reportrer
Army faction wants Mnangagwa gone
President Emmerson Mnangagwa's continued stay in power is now allegedly being seen as an unprecedented threat to national security, by an army faction said to be loyal to Vice President, Rtd General ...Published: 17 Jun 2019 at 22:38hrs | 18400 | by Spotlight Zimbabwe
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 17 Jun 2019 at 18:01hrs | 2218 | by Victor Bhoroma
Mthuli Ncube's speech to AfDB boards of governors - Fulltext
Speech by the minister of finance and economic development, Hon. Prof. Mthuli Ncube during the 2019 annual meetings of the boards of governors of the African Development Bank Group: Malabo, Republic o...Published: 16 Jun 2019 at 20:03hrs | 1028 | by Mthuli NCube
Mnangagwa's govt re-ignites currency debate
PRESIDENT Emmerson Mnangagwa's remarks over the weekend that Zimbabwe would have a fully-fledged local currency before the end of the year, ending the multi-currency regime enacted in 2009, effectivel...Published: 14 Jun 2019 at 08:25hrs | 2146 | by Brett Chulu
Zimbabwe in austerity-induced recession
"OUTPUT in Zimbabwe is expected to contract in 2019 with a sharp rise in inflation reducing real incomes and foreign exchange shortages constraining activity," the World Bank reports in its Global Eco...Published: 14 Jun 2019 at 08:22hrs | 810 | by Tinashe Kaduwo
Cop runs for dear life as mob bays for his blood
A POLICE officer on Wednesday fled for dear life as an angry mob bayed for his blood after an illegal money changer he was chasing was knocked down by a car near Tredgold Building in Bulawayo. ...Published: 14 Jun 2019 at 07:55hrs | 1297 | by Staff reporter
AfDB boost for Mthuli Ncube
FINANCE and Economic Development Minister Professor Mthuli Ncube has said the African Development Bank (AfDB) board has endorsed Zimbabwe's reform agenda under the Transitional Stabilisation Programme...Published: 12 Jun 2019 at 07:00hrs | 5713 | by Staff reporter
Strategic planning, management needed in our electrical energy sector
Just after the Second World War, political leaders in what was Southern Rhodesia started to think about how they would meet the needs of the country for electrical energy.After that, the debat...Published: 10 Jun 2019 at 07:19hrs | 179 | by Eddie Cross
Power cuts cripple Victoria Falls
HOTELS in Victoria Falls are reeling from the current power outages that have forced them to use generators for hours as cuts intensify, businessdigest has established.This has seen operating ...Published: 07 Jun 2019 at 07:29hrs | 481 | by Staff reporter
Economy to contract 3,1%
The country's economy is expected to contract 3,1 percent this year as activities remain subdued due to rising inflation and crippling foreign currency shortages, according to the World Bank. ...Published: 07 Jun 2019 at 07:17hrs | 287 | by Staff reporter
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