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Zimbabwe farmers turn to maggots to survive drought
At first, the suggestion to try farming maggots spooked Mari Choumumba and other farmers in Nyangambe, a region in southeastern Zimbabwe where drought wiped out the staple crop of corn.After m...Published: 02 Dec 2024 at 07:28hrs | 1672 | by Staff reporter
Namibia to vote in toughest election yet for ruling party
Namibians will vote on Wednesday in what is expected to be the most competitive election yet for the ruling SWAPO party, which has governed the southern African nation for 34 years.If SWAPO ca...Published: 27 Nov 2024 at 07:13hrs | 583 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 206 | by Staff reporter
US wants Zimbabwe to double down on reforms
The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed.Speaking to reporters in Harare on Monday, Pamela...Published: 26 Nov 2024 at 08:20hrs | 934 | by Staff reporter
Zimbabwe to pay white farmers US$331 million in move to rework debt
Zimbabwe plans to pay $331 million to white former farmers whose land the nation seized in 2000 as a step toward getting creditors to agree to restructure the nation's debt pile, which has left it loc...Published: 26 Nov 2024 at 08:19hrs | 453 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2636 | by Wilbert Mukori
Mutumbuka gets back his house at last!
Zimbabwe's first Minister of Education, Dr. Dzingai Mutumbuka, has reclaimed ownership of his Chisipite residence following a protracted legal dispute stemming from a fraudulent title deed scheme....Published: 16 Nov 2024 at 13:45hrs | 3615 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 580 | by Tendai Ruben Mbofana
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 392 | by Rigid Kondongwe
Botswana vote shaken up by angry ex-president
Botswana holds a presidential election on Wednesday energised by a campaign by one previous head-of-state to unseat his handpicked successor whose first term has seen rising discontent amid a downturn...Published: 29 Oct 2024 at 09:21hrs | 3307 | by AFP
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 264 | by Staff reporter
IMF, World Bank not serving African interests
Humanitarian organization ActionAid has issued a scathing call for the overhaul or abolition of the International Monetary Fund (IMF) and World Bank, arguing that these institutions do not serve the i...Published: 24 Oct 2024 at 07:59hrs | 122 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 271 | by Tendai Ruben Mbofana
Zimbabwe's Education-Economy Nexus
Zimbabwe's Education-Economy Nexus: Evaluating the Impact of Education on Graduate Employment and Economic GrowthIntroductionZimbabwe's educatio...Published: 23 Oct 2024 at 20:19hrs | 137 | by Isaac Nkomah
No to third term of office for President Mnangagwa: Mudenda
Former Mthwakazi Republic Party National Executive Council Chairman Mudenda Chilumbo has criticized the Zanu PF faction that is rallying for President Emmerson Mnangagwa to rule beyond 2028, stating t...Published: 23 Oct 2024 at 20:03hrs | 1889 | by Stephen Jakes
Mnangagwa headlines Anti-Sanctions Day commemorations
Zimbabwe will commemorate the fifth anniversary of the Southern African Development Community (SADC) Anti-Sanctions Day on Friday, with President Emmerson Mnangagwa, as the chairperson of the regional...Published: 20 Oct 2024 at 12:16hrs | 79 | by Staff reporter
Over 400 ex-settlers to get compensation
In a significant development for former farm owners, over 400 individuals have been cleared for compensation under the Global Compensation Deed, aimed at addressing losses incurred during Zimbabwe's f...Published: 17 Oct 2024 at 08:59hrs | 189 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 184 | by Staff reporter
Zimbabwean lands top UN fund post
Acting Permanent Secretary for Environment, Climate and Wildlife, Mr. Washington Zhakata, has been appointed as the vice board chair of the Adaptation Fund under the United Nations Framework Conventio...Published: 14 Oct 2024 at 08:11hrs | 232 | by Staff reporter
Zimbabwe hires Rothschild advisers over $21 Billion defaulted debt pile
Zimbabwe's government has hired financial and legal advisers to help it navigate potential talks with international creditors over the $21 billion it owes, according to people familiar with the matter...Published: 10 Oct 2024 at 12:22hrs | 532 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 652 | by Staff reporter
The power crisis farce: Unpacking Mnangagwa's broken promise to Zimbabwe
Zimbabwe's power crisis has been a perennial problem, plaguing the country for decades.In August 2023, President Emmerson Dambudzo Mnangagwa proudly declared that the commissioning of the new ...Published: 08 Oct 2024 at 17:30hrs | 513 | by Tendai Ruben Mbofana
Zimbabwe's currency conundrum: Meagre gold reserves can't sustain the ZiG
Today, during his State of the Nation Address (SONA), President Emmerson Dambudzo Mnangagwa announced that the government would set aside 50% mineral royalties to shore up the local currency. ...Published: 02 Oct 2024 at 20:53hrs | 2932 | by Tendai Ruben Mbofana
Zimbabwe faces groundwater drought, claims World Bank
A recent report from the World Bank Group (WBG) has revealed a concerning outlook for Zimbabwe's critical sectors, including agriculture, water, forestry, and energy, due to the severe impacts of clim...Published: 02 Oct 2024 at 07:52hrs | 487 | by Staff reporter
Steve Hanke celebrates the demise of Zimbabwe's ZiG
US-based economist and currency expert Steve Hanke has issued a stark warning about Zimbabwe's economic situation, claiming that the country's inflation rate has reached a staggering 880% per year, de...Published: 27 Sep 2024 at 08:28hrs | 21500 | by Staff reporter
William Ruto visits Germany: German press rebukes his claims about labour contracts.
It does not matter how one looks at this story; it is not only shameful to Kenya: it must shame all Africans equally. Recently, President Willian Ruto was on a state visit to Germany, and was proud to...Published: 17 Sep 2024 at 22:06hrs | 794 | by Nomazulu Thata
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 408 | by Staff reporter
Chiwenga says Zimbabwe's monetary policy is in line with SADC integration
Zimbabwe's advancements in the gold sector, including the adoption of a floating exchange rate framework, align closely with the Southern African Development Community's (SADC) goal of achieving regio...Published: 14 Sep 2024 at 16:13hrs | 904 | by Staff reporter
Zimbabwe needs $1.6bn to lift crop output after El Nino induced drought
ZIMBABWE needs $1.64 billion to bolster crop production after a devastating drought increased food insecurity and prompted a state of disaster.The southern African nation is targeting a more t...Published: 08 Sep 2024 at 09:46hrs | 62 | by Staff reporter
Starlink goes live in Zimbabwe, unlimited internet price at $50 per month
SpaceX's broadband satellite internet service, Starlink, is now available in Zimbabwe for US$50 a month, plus US$350 for a setup kit, the company said on its website.Several local companies ha...Published: 07 Sep 2024 at 16:02hrs | 2779 | by Staff reporter
Mnangagwa at the epicentre of regional governance
The last two weeks were action packed for Harare as it hosted the 44th Southern African Development Community (SADC) Summit of Heads of State and Government. It was accompanied by a myria...Published: 22 Aug 2024 at 07:11hrs | 134 | by Staff reporter
Kariba Dam project adds 60 years to lifespan
THE refilling of the plunge pool at the Kariba Dam Rehabilitation Project (KDRP) has commenced, with the facility 1% to completion.With the plunge pool new shape in place, the finalisation of ...Published: 09 Aug 2024 at 07:52hrs | 367 | by Staff reporter
Zimbabwe to support Zambia in AfDB bid
President Mnangagwa has pledged Zimbabwe's support for Zambia's candidate, Dr. Samuel Munzele Maimbo, in his bid for the African Development Bank (AfDB) presidency in next year's election. Dr. Maimbo,...Published: 31 Jul 2024 at 07:04hrs | 420 | by Staff reporter
Mnangagwa's second republic of corruption and controversy
PRESIDENT Emmerson Mnangagwa's second republic, which he proclaimed when he came into office in November 2017 following a coup that ended long-time ruler Robert Mugabe's nearly four-decade rule, has b...Published: 21 Jul 2024 at 20:59hrs | 946 | by Gary Gerald Mtombeni
Kariba Dam collapse claims rubbished
The Zambezi River Authority (ZRA) has dismissed social media rumors that the Kariba Dam wall is weak and on the verge of collapse. The ZRA, jointly managed by Zambia and Zimbabwe, oversees the river f...Published: 17 Jul 2024 at 06:38hrs | 692 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 242 | by Samir Bhattacharya
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 36 | by Nomazulu Thata
Reserves backing Zimbabwe's ZiG shoot to US$370 million
Prices of goods and services in Zimbabwe are expected to remain stable, thanks to increased cash and mineral reserves backing the new currency, Zimbabwe Gold (ZiG). These reserves have risen from US$2...Published: 07 Jul 2024 at 10:34hrs | 76 | by Staff reporter
Zimbabwe's political crisis has dragged on for too long
The phrase "political economy" has entered the dictionary of the World Bank and other development organizations around the world.Academic interest in the components of the political economy of...Published: 01 Jul 2024 at 11:35hrs | 24 | by Evans Mathanda
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 2 | by @Jamwanda2 on Saturday
Zimbabwe currency code changes to ZWG
The World Bank International Organisation for Standardisation (ISO) Committee has approved the change of Zimbabwe's local currency code from ZWL to ZWG (Zimbabwe Gold).The ISO 4217 standard, w...Published: 26 Jun 2024 at 13:00hrs | 11 | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Zimbabwe rated Africa's most expensive economy
Zimbabwe was recently identified as Africa's most expensive country according to a comprehensive study by the African Development Bank (AfDB). The study assessed power purchasing parities (PPPs) and e...Published: 15 Jun 2024 at 11:13hrs | 65 | by Staff reporter
'Be proud of being Zimbabwean'
President Mnangagwa, speaking at the 10th CEO Africa Roundtable conference in Victoria Falls, urged Zimbabweans to be proud of their country's progress despite 24 years of illegal sanctions. He highli...Published: 14 Jun 2024 at 07:08hrs | | by Staff reporter
Jubilation as Zimbabwean Health Sector receives boost from World Bank Funding
In a significant development, the Government of Zimbabwe has received funding from the World Bank to support essential health services, particularly in the wake of the COVID-19 pandemic. The f...Published: 12 Jun 2024 at 13:10hrs | 8 | by Tonderai Ndoro
Chiwenga meets Tajikistan President
Vice President Dr. Constantino Chiwenga met with Tajikistan President Emomali Rahmon to explore economic cooperation between Zimbabwe and Tajikistan. The meeting took place during the third Dushanbe W...Published: 11 Jun 2024 at 05:46hrs | 1 | by Staff reporter
Zimbabwe demands major reductions on $19.2bn debt
Zimbabwe has asked its creditors for significant debt reductions on its $19.2 billion internal and external debt, Bloomberg reported on May 30, citing Finance Minister Mthuli Ncube."We will be...Published: 03 Jun 2024 at 09:07hrs | | by Staff reporter
'Mnangagwa's govt letting Matebeleland down'
Matebeleland South Senator Sithembile Mlotshwa has criticized the government for its failure to adequately build schools in the region, attributing this oversight to the rise in teenage pregnancies an...Published: 26 May 2024 at 13:49hrs | 5 | by Staff reporter
Zimbabwe's Ralph Mupita scoops top regional business award
Ralph Mupita, the Zimbabwean-born President and CEO of MTN Group, has been honored as CEO of the Year at the 2024 Africa CEO Forum.The prestigious award was presented to Mupita this week durin...Published: 19 May 2024 at 10:27hrs | 8 | by Staff reporter
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | 2 | by Kenneth Mufuka
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