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'Informal sector is 70% GPD but remitting paltry 1% in taxes' - get nothing from taxing imaginary wealth, common sense
"Shocking evidence of tax leakages hogged the limelight this week, with Finance and Economic Development minister Mthuli Ncube saying the informal sector, which makes up 70% of Zimbabwe's gross domest...Published: 01 Apr 2021 at 21:38hrs | 721 | by Patrick Guramatunhu
'War veterans must show their unflinching war time vibrancy' - fighting whom and for what
When Robert Mugabe got into power in 1980, he was cocksure his scientific socialism would bring economic prosperity to the masses, "Gutsva ruzhinji!" as he never tired of saying. Instead of build on t...Published: 30 Mar 2021 at 07:27hrs | 1148 | by Patrick Guramatunhu
Understanding the Zimbabwe economy
I OFTEN say to visiting experts and diplomats that, if you say you understand Zimbabwe, you have not been here long enough.We are a tiny blip on the global radar but we punch well above our we...Published: 26 Mar 2021 at 05:52hrs | 985 | by Eddie Cross
'Vaccination will guarantee achieving vision 2030' said Mnangagwa - it's idiotic 'Kurotomoka!'
"The National covid-19 Vaccination Programme will further guarantee a Zimbabwe that continues on its course to achieve Vision 2030. We are determined to emerge out of this pandemic with greater capabi...Published: 17 Mar 2021 at 08:38hrs | 1055 | by Nomusa Garikai
Chamisa 2021 Agenda demanding 'comprehensive reforms' - yet will, for umpteenth, contest 2023 with no reforms
Zimbabwe is in serious economic and political trouble because the nation has been stuck with a corrupt, incompetent and tyrannical ruling party, Zanu-PF, and an equally corrupt and incompetent opposit...Published: 10 Mar 2021 at 06:56hrs | 707 | by Wilbert Mukori
Timveos departure from MDC Alliance to ZANU PF fraught with hypocrisy and deceit, and needs introspection
In my life, I have come across my fare share of strange things - some, which could be characterized as stranger than fiction - but, the open letter allegedly penned by former MDC Alliance member and s...Published: 27 Feb 2021 at 09:40hrs | 1981 | by Tendai Ruben Mbofana
Ground-breaking deal for Beitbridge border
South African lenders including Standard Bank Group and FirstRand have provided $130 million of loans for an upgrade of the Beitbridge border post.The financing for the Beitbridge border betwe...Published: 14 Feb 2021 at 12:29hrs | 1032 | by Staff reporter
Funding deal struck for Beitbridge border revamp
A US$300 million deal has been struck for the redevelopment of the Beitbridge Border Post, with a consortium of South African banks availing funds for a project that is expected to not only provide a ...Published: 14 Feb 2021 at 09:41hrs | 137 | by Staff reporter
Nampak engages Govt over estates
Listed paper and packaging group, Nampak, says it is holding discussions with the Government over a possibility of getting back control of its estates, group managing director John Van Gend said in a ...Published: 05 Feb 2021 at 06:36hrs | 178 | by Staff reporter
Zimbabwe economy to contract by 18%, claims Biti
FORMER Finance minister Tendai Biti has claimed that Zimbabwe's economy could contract by up to 18% due to the biting effects of the COVid-19 pandemic.In an interview with NewsDay yesterday, B...Published: 26 Jan 2021 at 07:15hrs | 1517 | by Staff reporter
Poor grain production hurting Zimbabwe economy
Zimbabwe has been a net importer of food for the past 2 decades and the country's import bill has increasingly featured grain imports with maize imports averaging 1.1 million Metric Tonnes (MT) per ye...Published: 25 Jan 2021 at 13:18hrs | 527 | by Victor Bhoroma
Covid-19 pummels Zimbabwe economy, managers
Business is concerned about the impact that coronavirus will have on the country's key human capital and the economy. RBZ Governor John Mangudya said the rising coronavirus deaths in the count...Published: 21 Jan 2021 at 06:55hrs | 1834 | by Staff reporter
MDC implosion sets back the struggle for change
Zimbabwe is stuck in mud. People of my generation were in their late 20s or early 30s when Zimbabwe attained independence in 1980. Those fortunate to be still alive are now elderly and on the cusp to ...Published: 15 Jan 2021 at 08:00hrs | 1291 | by Tendai Dumbutshena
'Zimbabwe economy to grow by 2.9%'
ZiMBABWE'S economy is expected to register a modest 2,9% growth this year from a negative dip recorded last year, according to the World Bank's Global Economic Prospects report released this week....Published: 08 Jan 2021 at 07:45hrs | 248 | by Staff reporter
Let's fix Zimbabwe economy before thinking of elections
THERE is a morbid fixation with the 2023 elections to the extent that we are neglecting bread and butter issues as if we are not aware that elections do not bring any tangible change towards tackling ...Published: 30 Dec 2020 at 07:24hrs | 328 | by Nigel
Mutsvangwa claims 'Zimbabwe economy back on its feet'
INFORMATION Minister Monica Mutsvangwa says the country's economy was on the rebound basing this on what she said were the successes of government's Transitional Stabilisation Programme (TSP) introduc...Published: 15 Dec 2020 at 07:55hrs | 551 | by Staff reporter
Reforming to rebuild Zimbabwe: A time for growth - Mthuli Ncube
With the recent announcements of vaccines to the Covid-19 pandemic, the world is staring through their dark tunnel to get a glimpse of the light....Published: 13 Dec 2020 at 05:55hrs | 901 | by Prof Mthuli Ncube
Biti's sensational take on state of the Zimbabwe economy
MDC-ALLIANCE vice president Tendai Biti painted a bleak picture of the state of the economy this week in what he called the "State of the Economy Address". Many in Zimbabwe and abroad would find his t...Published: 27 Nov 2020 at 07:14hrs | 605 | by Staff reporter
Mnangagwa's straitjacket has no wriggle room, especially now coups are 'legal' - off with his head with crown upon it
"Zanu-PF has a constitution and under that constitution, we sit as a congress to elect our president," said Zanu PF acting national spokes-person Patrick Chinamasa."In 1977, a lot of the leade...Published: 21 Nov 2020 at 08:31hrs | 830 | by Wilbert Mukori
Govt has failed to resolve strike by teachers, and all civil servants
The major reason why the Zimbabwe government is failing is in whole part for its reason to resist the tide. For a start, the government has over the decades tried and failed dismally to control th...Published: 18 Nov 2020 at 12:29hrs | 3810 | by Zanda Shumba
'2008 GNU stabilised economy' - true but that was not its primary purpose much less justify new GNU
"In 2009, the late former president Robert Mugabe was forced into forming a GNU with the MDC's late and much loved founding father, Morgan Tsvangirai, after the hotly disputed 2008 polls," reported Da...Published: 07 Nov 2020 at 18:48hrs | 807 | by Wilbert Mukori
Criminal syndicates ruining Zimbabwe economy
The dramatic arrest of Zimbabwe Miners Federation president Henrietta Rushwaya on October 26 has thrown new light into the illicit export of gold by criminal syndicates that are depriving the country ...Published: 01 Nov 2020 at 08:28hrs | 720 | by Staff reporter
US claims that sanctions don't affect Zimbabwe economy
THE United States of America (US), the United Kingdom and the European Union (EU) remain adamant that President Emmerson Mnangagwa's administration has not done enough to have sanctions imposed on the...Published: 25 Oct 2020 at 14:20hrs | 1443 | by Staff reporter
Zimbabwe economy to grow 4,2pc in 2021: IMF
The International Monetary Fund (IMF), this week revealed Zimbabwe's economy will rebound next year and grow 4,2 percent from a decline of 10,2 percent forecast for 2020. The world body's pred...Published: 23 Oct 2020 at 08:23hrs | 350 | by Staff reporter
Khupe, Madhuku blast sanctions
ALL Zimbabweans, regardless of political affiliation, should on October 25 stand up and demand the unconditional removal of the unjust economic sanctions that have bled the country of billions and cau...Published: 15 Oct 2020 at 06:34hrs | 984 | by Staff reporter
After TSP, diaspora engagement critical, says Mthuli Ncube
AS government winds up the Transitional Stabilisation Programme (TSP) amid a plethora of challenges it faces in turning around the economy, the Zimbabwe Independent (ZI) caught up with Finance ministe...Published: 02 Oct 2020 at 07:43hrs | 1799 | by Staff reporter
When a Nguni Kingship chases his own agenda to undo other Ndebele Kings
We have been saying it for a long time that the Nguni Kings are chasing their own agenda but will want to ride at the backs of the Ndebele populations so that they get recognition by Zanu Government. ...Published: 16 Sep 2020 at 17:11hrs | 1866 | by Nomazulu Thata
'Ramaphosa can't end Zimbabwe crisis with stakeholders at cross purpose' - worst of all, lack vision
It has been a hard slog just to reach a consensus that Zimbabwe is facing a serious economic and political crisis. There is a mountain of evidence to prove the crisis but even that has not helped sinc...Published: 09 Sep 2020 at 08:41hrs | 1514 | by Wilbert Mukori
Mthuli Ncube admits Zimbabwe economy under negative growth
FINANCE minister Mthuli Ncube has admitted the country's economy was experiencing negative growth although insisting it was not the worst such battered economy in the world.Addressing parliame...Published: 07 Sep 2020 at 06:25hrs | 625 | by Staff reporter
Zimbabwe economy finally being 'rigged'
Nelson Chamisa and his MDC-Alliance lost the election in the July 2018 elections of the post-Mugabe era.Reacting to this loss, he cockily pronounced that it was of no consequence.His a...Published: 23 Aug 2020 at 11:10hrs | 817 | by Ambassador Chris Mutsvangwa
'Zanu PF is grappling with economic crisis, there is no political crisis' - povo have never had a say, there's the rub
"Government reiterates that Zimbabwe, like most countries in the world is currently grappling with challenges attendant to illegal sanctions, drought and the Coronavirus pandemic. There is no 'crisis'...Published: 16 Aug 2020 at 08:58hrs | 743 | by Nomusa Garikai
'Security sector hijacks Zimbabwe economy'
ZIMBABWE'S security sector has taken over control of all levers of the national economy, making it difficult to eliminate corruption as the "law does not apply to them", the Public Policy Research Ins...Published: 04 Aug 2020 at 08:10hrs | 1558 | by Staff reporter
Zanu PF cannot celebrate blocking July protests, given worsening economy, it is when, not if, for next protests
There is no doubt that President Emmerson Mnangagwa and his cronies will view the nonevent July 31st Street Protests as a political victory. But if the truth be told, this is not even a Pyrrhic victor...Published: 03 Aug 2020 at 19:56hrs | 2722 | by Patrick Guramatunhu
I do not know that Shiri was a hero
In the good old times at The Sunday Mail with editor Willie Musarurwa, if late news arrived when we were going to press, it would be typed in blue ink and labelled, Late News.So it was, when I...Published: 02 Aug 2020 at 09:28hrs | 7603 | by Kenneth Mufuka
White farmers to get US$3.5 b compensation - only objection, looters must pay not povo
Zimbabwe has signed an agreement with the Commercial Farmers Union of Zimbabwe and the Southern African Commercial Farmers Alliance which mandates Zimbabwe to pay white commercial farmers US$3.5 billi...Published: 30 Jul 2020 at 07:56hrs | 378 | by Wilbert Mukori
Zanu-PF to beat up protesters?
ZANU PF yesterday urged its supporters to beat up protesters who will take to the street on July 31 and threatened to kick out United States ambassador to Zimbabwe, Brian Nichols for allegedly support...Published: 28 Jul 2020 at 09:40hrs | 2030 | by Staff reporter
Panicking Zanu PF hunting 'detractors' to stop protests - then hunt all 34% living in abject poverty
"Our party detractors continue with their anti-establishment agendas. The party is aware of the plan for mass protests (on July 31) being organised by the MDC Alliance renegades: Tajamuka, the Front f...Published: 08 Jul 2020 at 07:23hrs | 2298 | by Nomusa Garikai
'Call all progressives to petition for ED and Chamisa GNU' - what progress, be Zanu PF in all but name
"Those who cannot remember the past are condemned to repeat it." Said the Spanish/American philosopher and essayist George Santayana. After 40 years of blundering from pillar to post and with ...Published: 02 Jul 2020 at 09:10hrs | 3871 | by Nomusa Garikai
Zanu PF blames 'illicit market' plus usual suspects minus MDC for growing instability - 'It is the economy, stupid'
"The politics are being shaped from the market, it is as if we are being told, if you won't have MDC-Alliance for an opposition then we will create an opposition for you through illicit market activit...Published: 01 Jul 2020 at 22:06hrs | 2277 | by Nomusa Garikai
Plot to destabilise Zimbabwe economy exposed?
AS Government intensifies efforts to close channels that are fuelling the black market and other illicit financial activities, it has emerged that some foreign nations and individuals have been trying...Published: 30 Jun 2020 at 07:52hrs | 2117 | by Staff reporter
'Zanu-PF is debris, embrace Nelson Chamisa' advised Moyo - two faced buzzard, celebrated MDC GNU blunders
When Mai Mujuru was booted out of Zanu-PF in 2014 within months she was criticizing Zanu-PF and her former mentor, Robert Mugabe, for mismanagement, corruption, vote rigging, murderous oppression, etc...Published: 28 Jun 2020 at 20:29hrs | 4259 | by Patrick Guramatunhu
Zimbabwe economy run by master criminals fleecing the poor
Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the elites who have siphoned US dollars away into their overseas bank accounts. Now, a recent ruling...Published: 28 Jun 2020 at 08:11hrs | 1542 | by Thandekile Moyo
Bankable land could reignite Zimbabwe economy
THE solution to Zimbabwe's unending economic problems is the provision of bankable land rights, which will spur farming as real business, a renowned economist has said.John Robertson said at a...Published: 28 Jun 2020 at 07:58hrs | 184 | by Staff reporter
Zimbabwe suspends phone based mobile money transactions - Fulltext
The Statement of Suspension on Monetary Transaction on Phone-Based Mobile Money TransactionsThe government of Zimbabwe has with immediate effect suspended all mobile money services and trading...Published: 26 Jun 2020 at 19:41hrs | 7746 | by Staff reporter
BREAKING: Mnangagwa suspends phone based mobile money transactions
President Emmerson Mnangagwa's government has banned the use of mobile money platforms with immediate effect. In a statement issued by Secretary for Information Ndabaningi Nick Mangwana, ...Published: 26 Jun 2020 at 18:47hrs | 11837 | by Mandla Ndlovu
Zimbabwe buffoons plotting another coup to avoid ICC justice - after 40 years ransom - enough is enough
"The country's military leaders have reportedly agreed in private, to invite former Zanu PF political commissar and ex-local government minister, Saviour Kasukuwere, to return back home from South Afr...Published: 20 Jun 2020 at 08:53hrs | 6246 | by Nomusa Garikai
The Republic of Matabeleland (ROM) beckons
With Ambazonia's final breakthrough in their quest for self-determination, it has become abundantly clear that after experiencing a series of tragedies under Zimbabwe's colonial rule Matabele people c...Published: 10 Jun 2020 at 20:15hrs | 2929 | by George Mkhwanazi
Zimbabwe economy to contract 10%
The World Bank projects a 10% contraction of Zimbabwe's economy in 2020, a worse outcome against the forecast Sub-Saharan Africa contraction of 2.8%. The country's economy is set to recover to a...Published: 09 Jun 2020 at 08:17hrs | 1401 | by Staff reporter
Zimbabwe economy seen rapidly re-dollarising
tHe Covid-19 pandemic will result in a redollarisation of the economy by the fourth quarter of 2020 with year-on-year inflation shooting up to 1 800%, a prominent economist has projected.The e...Published: 05 Jun 2020 at 09:14hrs | 2442 | by Staff reporter
WATCH: Mangudya blames demons for economic collapse
Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya told Parliament on Wednesday that he does not know the causes behind the dying Zimbabwe economy.Mangudya told parliamentarians that th...Published: 21 May 2020 at 00:09hrs | 6213 | by Mandla Ndlovu
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