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Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2088 | by Staff reporter
CSOs voice strong opposition to the Zimbabwe tax
Civil Society Organisations (CSOs) have voiced strong opposition to the Zimbabwean government's 2025 national budget, criticizing new taxes as oppressive and harmful to citizens already struggling wit...Published: 03 Dec 2024 at 08:54hrs | 222 | by Staff reporter
Why fuel prices are high in Zim
The Zimbabwe Energy Regulatory Authority (Zera) has attributed the country's high fuel pump prices to the substantial tax burden and levies applied to petrol and diesel, compared to other countries in...Published: 12 Nov 2024 at 11:00hrs | 1592 | 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 | 581 | by Staff reporter
Zimbabwe MPs push for stiffer penalties amid explosive AG report
Parliamentarians have reaffirmed their commitment to enforcing laws and imposing stringent penalties for public fund misuse. During a meeting convened by the Zimbabwe Coalition on Debt and Development...Published: 26 Jul 2024 at 08:55hrs | 604 | 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 | 7 | 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 | 14 | 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 | 12 | 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 | 63 | 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 | 3 | 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 | 13 | 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 | 17 | 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 | 15 | 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 | 18 | by Staff reporter
Potraz doubles voice, data tariffs
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has implemented a significant increase in data and voice tariffs to aid the capital-intensive telecommunications sector, whi...Published: 27 Oct 2023 at 06:37hrs | 2 | 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 | 6 | by Staff reporter
Zimbabwe workers scoff at reviewed tax threshold
WORKERS have scoffed at government's latest review of the tax-free threshold to $500 000 effective this month, saying there is nothing to celebrate when the majority are earning below that figure....Published: 11 Aug 2023 at 06:45hrs | 17 | 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 | 12 | 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 | 12 | by Stephen Jakes
Overfishing depletes the Zambezi
Since quitting her post as a teacher about six years ago, 33-year-old Hazel Svinurai has made numerous break-of-dawn trips to the edges of the Zambezi River, about 500km from her home in Zimbabwe's se...Published: 31 Jul 2023 at 06:50hrs | 15 | by Staff reporter
Farmers struggle to service loans
FARMERS, who obtained loans through the CBZ Bank Agro Yield programme to finance their businesses during the last three farming seasons are having difficulty in repaying them, with official data showi...Published: 26 Jul 2023 at 06:43hrs | 4 | by Staff reporter
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 | 16 | 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 | 17 | 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 | 16 | 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 | 1 | 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 | 2 | 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 | 1 | 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 | 2 | 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 | 1 | 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 | 1 | 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 | 2 | by Staff reporter
Outrage over bigwigs' 'secret' millions saga
Zimbabweans have been urged to demand accountability from their leaders after a report by an international organisation alleged that President Emmerson Mnangagwa and his deputy Constantino Chiwenga re...Published: 30 Apr 2023 at 08:59hrs | 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 | 1 | 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 | 3 | 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 | 3 | by Staff reporter
ZACC eagerly await graft exposé
THE Zimbabwe Anti-Corruption Commission (Zacc) says it is eagerly awaiting the pending premiere of a documentary by Qatar international news network, Al Jazeera that will purportedly expose massive co...Published: 06 Mar 2023 at 05:18hrs | 2 | by Staff reporter
Mashonaland Central has most unregistered births
Mashonaland Central has the lowest number of registered births, a situation that exposes girls to early marriages, a Zimbabwe National Statistics Agency (Zimstat)'population and housing census report ...Published: 05 Mar 2023 at 06:22hrs | 7 | 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 | 11 | by Staff reporter
'Ministries dodge Zacc probe'
GOVERNMENT ministries are reportedly refusing to release information required for investigation of graft cases, in the process frustrating and delaying the finalisation of cases brought to the courts,...Published: 03 Dec 2022 at 07:13hrs | | 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 | 1 | by Staff reporter
Mnangagwa's ministers splurge US$23,000 at music album launch
FINANCE minister Mthuli Ncube and Youth deputy minister Tinotenda Machakaire on Saturday irked poverty-stricken Zimbabweans after they both spent a whopping US$23 500 to buy Bulawayo-based musician Sa...Published: 15 Nov 2022 at 04:52hrs | | 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 | 1 | 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 | 1 | 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 | 2 | by Staff reporter
Uproar over Makandiwa's corruption remarks
United Family International Church (UFIC) leader Emmanuel Makandiwa has torched a storm after one of his sermons went viral on social media, in which he appeared to "sanitise" corruption.In th...Published: 04 Oct 2022 at 06:09hrs | 6 | 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
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