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Anti-Chinese investors Maguwu releases a damning report
The relationship between Chinese-owned extractive companies and local communities in Zimbabwe has deteriorated, marked by growing mistrust, suspicion, and a series of reported abuses. A recent report ...Published: 30 Sep 2024 at 07:55hrs | 912 | by Staff reporter
Mthuli Ncube slammed
The Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on Finance Minister Mthuli Ncube to expand the upcoming 2025 National Budget Consultations to allow for more inclusive input from th...Published: 20 Sep 2024 at 08:05hrs | 576 | by Staff reporter
'Zacc, Parly must probe Beam funds abuse'
A social justice group has called for investigations by the Zimbabwe Anti-Corruption Commission and Parliament into alleged mismanagement and misuse of funds meant for the Basic Education Assistance M...Published: 10 Jul 2024 at 07:52hrs | 5 | by Staff reporter
ZACC signs MOU with South Africa's Special Investigations Unit
The Zimbabwe Anti-Corruption Commission (ZACC) has intensified its anti-corruption efforts by signing eight Memoranda of Understanding (MoUs) with various institutions, including the Zimbabwe Human Ri...Published: 09 Jul 2024 at 05:50hrs | 11 | by Staff reporter
Zimbabwe govt must support ZiG currency through raft of solid measures
THE Reserve Bank of Zimbabwe (RBZ) has been urged to implement a raft of measures, including fiscal discipline, public consultation and policy consistency, if the newly introduced Zimbabwe Gold (ZiG) ...Published: 19 May 2024 at 11:55hrs | 4 | by Staff reporter
Half ZiG and coins to start circulating on April 30
The Reserve Bank of Zimbabwe (RBZ) in the 2024 Monetary Policy Statement introduced a new "structured currency" termed ZiG (Zimbabwe Gold) on April 5. A "structured currency" is a currency tha...Published: 07 Apr 2024 at 21:08hrs | 2 | by Staff reporter
US spies busted, deported
FOUR United States nationals contracted by the United States Agency for International Development (USAID) reportedly sneaked into the country last month without notifying the authorities as per protoc...Published: 10 Mar 2024 at 06:24hrs | | by Staff reporter
Mnangagwa must not exempt state entities from scrutiny
GOVERNANCE watchdogs has demanded that President Emmerson Mnangagwa discard his gazetted General Notice 164B of 2024 which exempts 21 key state entities from complying with the Public Procurement and ...Published: 21 Feb 2024 at 20:03hrs | 54 | by Staff reporter
Zanu-PF MPs shower praises on Mnangagwa
Zanu-PF legislators have been praising President Emmerson Mnangagwa's State of the Nation Address (Sona), which painted a rosy picture of the country's fortunes despite the deteriorating socio-economi...Published: 12 Feb 2024 at 13:54hrs | | by Staff reporter
Traders reject Zimdollar
THE Zimbabwe dollar has continued to depreciate in 2024, with traders in some areas now refusing to accept the local currency, while parallel market exchange rates have been differing across the count...Published: 12 Feb 2024 at 13:49hrs | 2 | by Staff reporter
Zimdollar bloodbath set to continue into coming year
THE depreciation of the Zimbabwe dollar in 2023 is likely to spill into 2024, with experts forecasting an increase in the cost of doing business, production and increased pressure on the exchange rate...Published: 30 Dec 2023 at 16:33hrs | 9 | by Staff reporter
Many rural and urban communities have no access to clean water: Zimcodd
THE Zimbabwe Coalition on Debt and Development has said there are many communities in rural and uirban areas that have no access to clean water due to the government's lack of political will to assist...Published: 18 Dec 2023 at 20:20hrs | 11 | by Stephen Jakes
Gokwe, Bindura councils fail to document evidence of devolution funds use
ZIMBABWE Coalition on Debt and Development has revealed that Bindura and Gokwe councils in 2022 failed to give proof of how they used the devolution funds that were allocated to them.Zim...Published: 18 Dec 2023 at 20:19hrs | 8 | by Stephen Jakes
Govt is crippling local authorities
The government has been accused of crippling the local authorities' operations on conditions that are run by the opposition.This was revealed recently by the Zimbabwe Coalition on Debt and Dev...Published: 10 Dec 2023 at 13:09hrs | 9 | by Stephen Jakes
1 ambulance for Parirenyatwa
ZIMBABWE'S largest referral hospital, Parirenyatwa Group of Hospitals, which services Harare and other nearby provinces, has been operating with only one functional ambulance, reflecting the country's...Published: 12 Nov 2023 at 20:40hrs | 11 | by Staff reporter
Zimbabwe central bank must consider introducing a ZW$500 000 note
This week, a prominent price monitoring thinktank emphasized the need for the Reserve Bank of Zimbabwe (RBZ) to contemplate the introduction of a ZW$500,000 note as the Zimbabwean currency continues t...Published: 22 Oct 2023 at 14:06hrs | 1 | by Staff reporter
Zimbabwe fuel most expensive in Sadc
According to the latest report by the social justice watchdog, Zimbabwe Coalition on Debt and Development (Zimcodd), fuel prices in Zimbabwe are among the highest in the Southern African Development C...Published: 12 Oct 2023 at 06:41hrs | 1 | by Staff reporter
Zimbabwe loses more than US$23b through IFFs
Zimbabwe lost more than US$23 billion through illicit financial flows (IFFs) between 1980 and 2018, a new report compiled by the African Development Bank (AfDB) shows.Other sources, however, s...Published: 06 Aug 2023 at 08:25hrs | 7 | by Staff reporter
ZimStat must ditch blended statistics
The Zimbabwe Coalition on Debt and Development has urged the ZimStat to ditch the blended statistics to ensure transparency.This is revealed in its weekly Economic Review and Analysis....Published: 01 Aug 2023 at 17:59hrs | 8 | by Stephen Jakes
Mining sector grows about 10%
The Zimbabwe Coalition on Debt and Development has said the latest ZimStat statistics show that the mining sector grew by 10.5% in 2022, up from 5.9% in 2...Published: 25 Jul 2023 at 17:13hrs | 11 | by Stephen Jakes
Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023
Zimbabwe Coalition on Debt and Development has said Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023, with the local currency losing over 55% of its value in both...Published: 25 Jul 2023 at 12:42hrs | 13 | by Stephen Jakes
'Mnangagwa ignoring citizens' concerns,' says NGOs
COMMUNITY-Based organisations (CBOs) in Manicaland province have said President Emmerson Mnangagwa does not want to accept the truth that Zimbabwe is facing severe economic challenges that have left c...Published: 05 Jul 2023 at 07:49hrs | 10 | by Staff reporter
'Zimbabwe public hospitals slide into dereliction'
A SURVEY by a civil society organisation, the Zimbabwe Coalition on Debt and Development (Zimcodd), has revealed the continued dilapidation of the country's health facilities, with most district hospi...Published: 22 Jun 2023 at 08:43hrs | | by Staff reporter
Zimbabwe consumers in a fix
As Zimbabweans continue to battle with a failing economy, increases in prices of basic commodities has pushed many into abject poverty.A recent survey conducted by Standardbusiness indic...Published: 18 Jun 2023 at 08:40hrs | | by Staff reporter
Mnangagwa's govt told to introduce higher denomination banknotes
GOVERNMENT has been urged to issue banknotes with higher denominations to make it easier for people to transact.Currently, the $100 note is the highest banknote in the country, but it has been...Published: 16 Jun 2023 at 07:58hrs | | by Staff reporter
Zimbabwe needs to manage her debts
DEBT plays an important role in the resource mobilisation strategy of any country.However, the processes of its contraction, sources, structure and its implications on the economy and the live...Published: 03 Jun 2023 at 08:19hrs | | by Zimcodd
'Monitor all Zimbabwe mega infrastructure deals'
ANTI-corruption watchdog, Transparency International Zimbabwe (TI-Z) has urged government to monitor contracts of all mega infrastructure deals to curb financial leakages."There is a need to c...Published: 26 May 2023 at 06:35hrs | | by Staff reporter
Mnangagwa chopper deal raises stink?
President Emmerson Mnangagwa has been criticised for presiding over a controversial deal that saw Zimbabwe acquire 32 helicopters from Russia worth a staggering US$320 million without following laid d...Published: 21 May 2023 at 08:14hrs | | by Staff reporter
Mnangagwa backtracks on 'looting' law
PRESIDENT Emmerson Mnangagwa has scrapped the controversial law that sought to hide details of some procurement processes from the public after a public outcry, saying its gazetting was a fraud,...Published: 11 May 2023 at 05:33hrs | | by Staff reporter
'Gold tokens will unlikely save Zimdollar'
THE recently-announced gold-backed digital tokens will neither strengthen the local currency nor reduce chronic inflation because of waning market confidence and trust in government, an economic watch...Published: 08 May 2023 at 06:12hrs | 1 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | | by Staff reporter
Mnangagwa must relinquish Ambassador At Large Angel's appointment
Zimbabwe Coalition on Debt and Development (ZIMCODD) has appealed to the Office of the President and Cabinet to immediately relinquish Ambassador At Large for Europe and the Americas, Uebert Angel of ...Published: 08 Apr 2023 at 10:36hrs | | by Staff reporter
High Court calls Mthuli Ncube to order over public debt
Finance minister Mthuli Ncube has been ordered to come up with a debt contraction law that compels Treasury to seek parliamentary approval before issuing guarantees and contracting a public debt....Published: 28 Mar 2023 at 06:43hrs | | by Staff reporter
Parly summons Zacc over unresolved graft cases
THE Public Accounts Committee (PAC) says it will summon the Zimbabwe Anti-Corruption Commission (Zacc) to appear before Parliament to explain bottlenecks in dealing with graft which is annually expose...Published: 03 Mar 2023 at 06:25hrs | 7 | by Staff reporter
'Mthuli Ncube must pay civil servants USD salaries'
PRESSURE is mounting on Finance minister Mthuli Ncube to announce the payment of civil servants' salaries in United States dollars in the 2023 national budget which he will announce today.Ncub...Published: 24 Nov 2022 at 04:59hrs | | by Staff reporter
'Billions of electronic transactions untaxed'
AS the use of modern electronic payment systems continues to grow globally, experts say it is critical to increase investment into fiscal tools that enable the country to widen its ability to tax elec...Published: 19 Oct 2022 at 05:56hrs | 2 | by Staff reporter
Sanctions weighing on Zimbabwe banking sector
ILLEGAL sanctions imposed on Zimbabwe by western countries, led by Britain and America, have had a detrimental impact on the country's financial services sector as the embargo has seen the number of c...Published: 17 Oct 2022 at 06:04hrs | | by Staff reporter
Mthuli Ncube urged to present USD budget for 2023
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has called on Finance minister Mthuli Ncube to present the 2023 national budget in United States dollar terms to avoid the need for a supplemen...Published: 13 Oct 2022 at 05:57hrs | | by Staff reporter
Scrap 2% tax, citizens tell Govt
Citizens have demanded that the 2% transaction tax be scrapped, saying it is a burden to the already financially hamstrung and over-taxed population.This came out on Monday during the 2023 pre...Published: 05 Oct 2022 at 06:37hrs | | by Staff reporter
'Zimbabwe's Kariba, Hwange power plants obsolete'
GOVERNMENT says obsolete equipment at power stations has caused the country's crippling power outages.This follows an announcement last Saturday by Zesa Holdings that there will be increased l...Published: 30 Sep 2022 at 06:11hrs | 1 | by Staff reporter
Calls for probe into Parly US$9 264,48 laptops saga
CIVIL society organisations (CSOs) and legislators have called on Auditor-General Mildred Chiri to carry out a forensic audit on how Parliament approved acquisition of 173 laptops and 79 desktops whic...Published: 21 Sep 2022 at 06:04hrs | 1 | by Staff reporter
Zimdollar shortage bites
THE government will today give an update on contracts it suspended last month pending a pricing review as pressure mounts for it to honour its obligations.Last month, as part of measures to sa...Published: 21 Sep 2022 at 06:02hrs | | by Staff reporter
New UZ fee structure facilitates exclusion of marginalised, vulnerable students
THE recent tuition fees hike by the University of Zimbabwe (UZ) scintillates education inequality, elitism and lack of robust and inclusive consultative forums.The fees hikes make higher and t...Published: 16 Sep 2022 at 06:06hrs | | by Zimcodd
5 more UZ students arrested
POLICE yesterday arrested five student leaders at the University of Zimbabwe (UZ) following protests by learners over a more than 700% fee hike.The protests, which saw 14 students being arrest...Published: 15 Sep 2022 at 05:56hrs | 1 | by Staff reporter
'Mnangagwa's govt pampering looters with tax breaks'
ZIMBABWE'S civic society organisations have raised fresh concerns over elevated plunder of the country's resources by multinationals, and are pushing to close loopholes.During a crucial confer...Published: 15 Sep 2022 at 05:53hrs | | by Staff reporter
Devolution fund the new Zanu-PF feeding trough
MILLIONS of United States dollars under the devolution funds are exposed to looting by government hawks who are brazenly violating the constitution and undermining public procurement processes, a new ...Published: 06 Sep 2022 at 19:19hrs | | by Staff reporter
Zacc fails to recover stolen US$7 billion
PRESIDENT Emmerson Mnangagwa's anti-corruption fight has been exposed as nothing but hot air following revelations that less than US$2 million out of identified US$7 billion ill-gotten wealth stashed ...Published: 28 Aug 2022 at 08:18hrs | | by Staff reporter
Mliswa blasts July Moyo for Harare's worsening water problems
INDEPENDENT Norton legislator Temba Mliswa has teared into Minister of Local Government, July Moyo for plunging Harare into debilitating water shortages.Most areas in the capital experienced w...Published: 08 Aug 2022 at 05:52hrs | 12 | by Staff reporter
Mthuli Ncube, civil servants meet over salaries
PUBLIC Service minister Paul Mavima has invited more than 40 public service unions to a meeting to discuss salaries and conditions of service today.Finance minister Mthuli Ncube is expected to...Published: 01 Aug 2022 at 06:37hrs | | by Staff reporter
Mthuli Ncube evades Parliament grilling
UNDERFIRE Finance minister Mthuli Ncube on Thursday dodged Senate after he was summoned to give a ministerial statement on the currency crisis, gold coins and state of the economy.Senate deput...Published: 23 Jul 2022 at 07:32hrs | 8 | by Staff reporter
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