Search / Zimbabwe economy
Lockdown and economic responses
ZIMBABWE went into lockdown on Monday over the Covid-19 pandemic that has seen the United States, at 164 387 cases (at the time of writing, Tuesday), becoming the country with the highest number of co...Published: 03 Apr 2020 at 08:50hrs | 105 | by Brett Chulu
Zimbabwe to be in hard times after corona virus
The coronavirus outbreak, which originated in China, has infected more than a million people and it's still counting. Its spread has left businesses around the world counting costs and rea...Published: 31 Mar 2020 at 07:52hrs | 665 | by Dr Masimba Mavaza
War vets support 'fungibility' ban
The Zimbabwe National Liberation War Veterans Association (ZNLWVA) has dismissed a story in a local weekly newspaper headlined "Fungibility shares ban unlawful", as an act of intimidation towards Gove...Published: 27 Mar 2020 at 06:35hrs | 524 | by Staff reporter
'MDC hoping sanctions will starve masses into rebellion' lied Dr Mavaza - what some do for 30 pieces of silver
I believe in freedom of expression but not when the exercise of that right means freedom to offend, to brainwash and stifle debate and/or, worse still, to incite, lawlessness and thuggery!"The...Published: 21 Mar 2020 at 19:30hrs | 2229 | by Patrick Guramatunhu
Mliswa accuses Mthuli Ncube of crashing the Zimbabwe economy
NORTON MP, Temba Mliswa has accused Finance Minister Mthuli Ncube of crashing the national economy through the continuous introduction of unpopular policies which often result in economic upheaval....Published: 18 Mar 2020 at 06:30hrs | 723 | by newzimbabwe
Mthuli Ncube is going nowhere
Every Saturday morning, especially when the weather is beneficent, I take a copy of the Big Saturday Read by the supreme brother Alex Magaisa to my garden chair and settle myself with some expectation...Published: 15 Mar 2020 at 11:07hrs | 1382 | by Kenneth Mufuka
'RBZ policies are litany of promises to be broken' Sadly, povo who suffer consequences are powerless - change is overdue
"Unsurprisingly, the Reserve Bank of Zimbabwe (RBZ)'s 2020 monetary policy statement is more of the same — a tired litany of promises waiting to be broken and targets queuing up to be missed. Govern...Published: 11 Mar 2020 at 08:58hrs | 1618 | by Wilbert Mukori
ZITF bars exhibitors from COVID-19-affected countries
The Zimbabwe International Trade Fair (ZITF) hangs in the balance amid reports the ZITF Company will bar exhibitors from countries affected by coronavirus (COVID-19) from attending this year's trade e...Published: 08 Mar 2020 at 08:19hrs | 181 | by Staff reporter
'Zimbabwe economy in dire straits with 521% inflation'
The Zimbabwe Peace Project has reported that the economic situation in the country remains dire at 521%.In its latest report ZPP said everything remains the same since January 2019 where the e...Published: 09 Feb 2020 at 11:42hrs | 862 | by Stephen Jakes
Designation: The new US weapon against Zimbabweans
The United States does not want to leave Zimbabwe alone and has upped its game by using designation of persons as a way of forcing the ZANU PF government to capitulate. In a strange development, the U...Published: 08 Feb 2020 at 07:33hrs | 1995 | by Elijah Chihota
WATCH: Mthuli Ncube's update on the current state of the Zimbabwe economy
Update on Zimbabwe Minister of Finance Prof Mthuli Ncube recent trip to the World Economic Forum 2020 in Davos and the state of the #Zimbabwe economy.https://www.youtube.com/watch?v=U45WQgWKAB...Published: 07 Feb 2020 at 20:25hrs | 1712 | by Staff reporter
Indicators point towards further Zimdollar loss
CURRENCY instability remains one of the fundamental challenges the Zimbabwe economy is facing. The lack of a stable exchange rate stems from weak economic fundamentals such as high inflation, cash sho...Published: 07 Feb 2020 at 06:09hrs | 1218 | by Respect Gwenzi
Zimbabwe commends courageous Sadc
THE Government has hailed the courageous stance taken by Sadc in taking the United States head on in the call for the immediate removal of illegal sanctions imposed against Zimbabwe by Washington and ...Published: 01 Feb 2020 at 06:27hrs | 157 | by Staff reporter
Zimbabwe economy re-dollarising rapidly
The recent public notice by the Zimbabwe Revenue Authority (Zimra) on the payment of domestic taxes in foreign currency is nothing short of a tacit admission by government that de-dollarisation has fa...Published: 31 Jan 2020 at 19:22hrs | 2732 | by Victor Bhoroma
Zimbabwe economy dollarises as market rejects Z$
Zimbabwe has now effectively re-dollarised following the local currency's failure to gain the confidence of the market since its rushed re-introduction last year, experts say. This comes as th...Published: 30 Jan 2020 at 09:20hrs | 2634 | by Staff reporter
‘Lift sanction and the engage on reforms’ insist SADC - nonsense, sanctions cannot tramp good governance
The Americans continue to exert pressure on SADC leaders to abandon the foolish notion that Zimbabwe’s economic meltdown is caused by the sanctions....Published: 29 Jan 2020 at 22:33hrs | 2106 | by Wilbert Mukori
Zimbabwe 'reduces debt by theft' after Supreme Court ruling: lawyers
The Supreme Court has upheld the validity of a controversial government decree from February 2019 which converted debts accumulated in United States dollars to the local RTGS currency – at a great l...Published: 22 Jan 2020 at 06:20hrs | 870 | 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 | 1611 | by FinX
China to inject fresh funds into Zimbabwe economy?
China will provide fresh funding for new infrastructure projects that are expected to jerk the economy and create new jobs. Reports of prospective funding come in the wake of last week's visit by the ...Published: 19 Jan 2020 at 05:28hrs | 334 | by Staff rpeorter
Britain snub Zimbabwe (UK - Africa Summit)
First and foremost, Zimbabwe economy is literally dead and dysfunctional. Zimbabwe is buffeted by lack of cohesion, lack of capacitation, inconsistencies and the bottom line is there is lack of politi...Published: 14 Jan 2020 at 14:33hrs | 2007 | by Tinashe Eric Muzamhindo
Nelson Chamisa is a capital requirement for National Dialogue
The 41 year old and Former Minister of ICT carries a legitimacy tag around him which brings an end to the national crisis. The former Organising & Vice President of the MDC plays a critical role t...Published: 17 Dec 2019 at 16:09hrs | 5264 | by Tinashe Eric Muzamhindo
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 | 1963 | by Staff Reporter
School demands 200 bricks and maize for Form 1 intake
A Rio Zim Mhondoro High School flyer for 2020 Form 1 intake has shown that the school demands each prospective pupil to bring the following materials before they are registered:RTGS 293.00...Published: 03 Dec 2019 at 08:10hrs | 3482 | by Mandla Ndlovu
Mandaza improves Masiyiwa's pay offer to doctors - foolishness, will not end health crisis
"It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season ...Published: 01 Dec 2019 at 21:38hrs | 13349 | by Nomusa Garikai
Ramaphosa asked to push Zanu PF and MDC dialogue - endorsed rigged elections soiled his hands
There is no denying that President Mnangagwa's trade-mark "Zimbabwe is open for business!" clarion call is dead in the water. Instead of putting the Zimbabwe economy back on track, the economic meltdo...Published: 27 Nov 2019 at 09:23hrs | 3384 | by Nomusa Garikai
Has Mnangagwa failed?
This is not an apology for ED as president of Zimbabwe, but a careful examination of the facts. Emerson Dambudzo Mnangagwa popularly known as Ngwena has been president of Zimbabwe for more than a year...Published: 24 Nov 2019 at 17:45hrs | 1517 | by Lovemore 'Briggs Ojugo' Sibanda Ph.D.
Ramaphosa asked to push Zanu PF and MDC dialogue - endorsed rigged elections soiled his hands
There is no denying that President Mnangagwa's trade-mark "Zimbabwe is open for business!" clarion call is dead in the water. Instead of putting the Zimbabwe economy back on track, the economic meltdo...Published: 23 Nov 2019 at 18:41hrs | 4353 | by Nomusa Garikai
'Inflation is because TSP failed to factor in drought' - yeah right, sell-out whitewashing Zanu PF tomb
Zimbabwe is well and truly stuck in this hell-on-earth mess! What makes our situation so, so frustrating about it is this is a man-made mess. For the last 39 years and counting the ruling party, Zanu ...Published: 11 Nov 2019 at 09:06hrs | 2921 | by Wilbert Mukori
Zimbabwe economy set to shrink 6,5%
Zimbabwe's economy is set to shrink by 6,5% this year – its first contraction in a decade — after a drought and power shortages, the Finance minister said yesterday.Power generation could ...Published: 01 Nov 2019 at 06:37hrs | 245 | by Reuters
Mnangagwa top ally in trouble
President Emmerson Mnangagwa has been dealt yet another blow with US President Donald Trump on Friday adding his close ally, State Security minister Owen Ncube, to the sanctions list.Ncube who...Published: 29 Oct 2019 at 10:37hrs | 2620 | by Staff reporter
Western sanctions a 'cancer' eating at Zimbabwe economy
Zimbabwe's President Emmerson Mnangagwa on Friday described Western sanctions as a "cancer" sapping the economy, and his supporters denounced the measures during poorly attended marches held around th...Published: 26 Oct 2019 at 07:55hrs | 420 | by Reuters
Zimbabwe needs political solutions to gain confidence and trust from the masses
As citizens of Zimbabwe, we get too intelligent and over complicate a situation for no reason. Many Life solutions are practical, not intellectual. The government tried to change currency to securitie...Published: 22 Oct 2019 at 21:32hrs | 737 | by Story from Enos Denhere Freelance Journalist
Cartels killing the Zimbabwe economy
President Emmerson Mnangagwa has promised to take out the whip on business for the current price madness. That, predictably, is a good idea.If things go according to his plan - most of the tim...Published: 20 Oct 2019 at 23:50hrs | 1675 | by Tawanda Majoni
UK firm begins cannabis farming in Zimbabwe
A United Kingdom (UK)-based medicinal cannabis firm, Eco Equity has begun work on its first state-of-the-art greenhouse here in preparation for the cultivation of cannabis (mbanje) for health purposes...Published: 04 Oct 2019 at 07:19hrs | 204 | by newzimbabwe
'I need time to get dead economy working again' - you killing it, just step down
"I'm aware of the pain being experienced by the poor and the marginalised," said Mnangagwa in his speech, to mark the official opening of parliament."Getting the economy working again from bei...Published: 02 Oct 2019 at 08:02hrs | 1836 | by Wilbert Mukori
Zimbabwe economy in steep contraction as inflation hit 300%
Dear Editor, Two years after Mugabe was ousted in a military coup. Mnangagwa's government is failing to revive the economy in a country with abundant resources. The figures produced by...Published: 02 Oct 2019 at 05:31hrs | 287 | by Bigboy Sibanda
Mnangagwa described Zimbabwe economy as 'dead'
President Emmerson Mnangagwa, has described the southern African country's economy as "dead" and said more time is needed turn it around.Zimbabwe has been facing a myriad of challenges includi...Published: 01 Oct 2019 at 19:12hrs | 2309 | by Staff reporter
'Mnangagwa honours promise to give Grace Blue Roof' - didn't even honour povo's right to life
The shameless arrogance, hypocrisy and indifference of President Mnangagwa and the Zanu PF ruling elite is breath taking."President Emmerson Mnangagwa will honour his promise and transfer the ...Published: 01 Oct 2019 at 07:55hrs | 1347 | by Nomusa Garikai
Muzamhindo presents an ideal plan for Zimbabwe
Zimbabwe is buffeted by inconsistencies, lack of cohesion, indecisive politics, incapacitation and deep rooted corruption. The bottom line is Zimbabwe economy has totally collapsed and there is need f...Published: 30 Sep 2019 at 22:10hrs | 1230 | by Tinashe Eric Muzamhindo
Zimbabwe economy in doldrums: IMF
THE International Monetary Fund (IMF) has painted a grim picture of the prevailing economic situation in Zimbabwe which is exacerbated by extreme weather conditions, weakening confidence and policy un...Published: 27 Sep 2019 at 07:43hrs | 432 | by Staff reporter
Mujuru facing liquidation as business empire collapse - one in Blue Roof is worried sick, she is up next
"Former Vice President Joice Mujuru and her company, Ruzirun Investments, have approached the High Court seeking an order stopping a couple she owes money from attaching her property as she fears goin...Published: 24 Sep 2019 at 19:35hrs | 5363 | by Patrick Guramatunhu
'We are smarter, Z$ now 14:1' boasted ED - still claiming what he is not
"On the monetary side, yes, we have introduced one currency. For the first six weeks it remained stable, but then our people are intelligent. We have people who found ways to fight that (stability of ...Published: 24 Sep 2019 at 06:22hrs | 1692 | by Nomusa Garikai
'Can still have successful economy regardless' ED advised - excuse for the illegitimate to hang on
"PRESIDENT Emmerson Mnangagwa is surrounded by good people. Among them, he has great formal and informal advisers; talented and eminent people from different backgrounds, who really can make a differe...Published: 31 Aug 2019 at 09:13hrs | 1108 | by Wilbert Mukori
'Zimbabwe needs international help' says Japan - above all, help to end cancerous bad governance
It is now nearly two years since Mnangagwa launched his "Zimbabwe is open for business!" campaign. He was cocksure this was going to open the floodgates on new foreign and local investments. That has ...Published: 25 Aug 2019 at 22:35hrs | 1619 | by Patrick Guramatunhu
Blaming Mthuli Ncube for the crumbling Zimbabwe economy is totally wrong
At times we just jump to conclusions without giving a thought about an issue. Mthuli Ncube is not the government.He is also not a member of ZANU PF. He was appointed to that position just because of h...Published: 14 Aug 2019 at 14:49hrs | 2905 | by Njabulo
We have more heroes in 40 years than UK in 400 years - but not one stopped Zim going to the dogs, why
"President Emmerson Mnangagwa is the biggest thief," said Thomas Mapfumo in a facebook video circulating in the social media.Thomas Mapfumo, is a very talented Zimbabwean musician who has cons...Published: 13 Aug 2019 at 20:38hrs | 1930 | by Wilbert Mukori
Mnangagwa's SONA was empty promises and murderous defence of status quo – antithesis of what nation dying for
"Mnangagwa ndiChomugore!" (Mnangagwa is Chomugore!) was my instinctive response to President Mnangagwa's State Of Nation Address (SONA) yesterday.Chomugore was a mean old man who would ask you...Published: 11 Aug 2019 at 16:21hrs | 1574 | by Wilbert Mukori
Zimbabwe economy to contract by 3%
The Zimbabwean economy will contract by 3 percent in 2019, but the mining sector as well as the tourism sector will surprise on the upside, Finance and Economic Development Minister Mthuli Ncube has s...Published: 06 Aug 2019 at 07:25hrs | 168 | by Staff reporter
'Zimbabwe's private sector is not doing its part'
Professor Mthuli Ncube presented the Mid-Term Fiscal Policy Review on Thursday last week and many naturally sought to understand what his new measures mean. Understandably, many are concerned about th...Published: 04 Aug 2019 at 10:09hrs | 329 | by Staff reporter
Zimbabwe economy needs free-market policies to grow
The introduction of the foreign exchange interbank market by the Reserve Bank of Zimbabwe (RBZ) in February 2019 was a major milestone towards free market economics. Even though there are fears of gov...Published: 28 Jul 2019 at 17:59hrs | 590 | by Victor Bhoroma
Load More Stories
