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Zimbabwe urged to bolster R&D and Resilience in move toward NDS2
Zimbabwe's economy could take a major leap forward - if it boosts research, innovation, and industrial resilience, experts say. The Zimbabwe Competitiveness Report has sparked calls for all sectors to...Published: 15 hrs ago | 34 | by Gideon Madzikatidze/Simbarashe Sithole
Tax evasion bleeds Zimbabwe economy
Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national dev...Published: 21 Jun 2025 at 09:44hrs | 89 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
NTA, best solution for Zimbabwe! Geza group is saying Chunhu Chedu!
Master of Philosophies say the same thing: without the backing of intelligenzia, there can never be remarkable national development. A Geza revolution is not backed by intelligenzia but by pastors, Iz...Published: 28 Apr 2025 at 09:01hrs | 708 | by Nomazulu Thata
Zimbabwe on the brink
As Zimbabwe's socioeconomic crisis deepens, analysts warned this week that the country may be heading for an implosion.According to Harare-based human rights lawyer Thulani Mzala, the mineral ...Published: 25 Apr 2025 at 07:01hrs | 1177 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 272 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 174 | by Staff reporter
'Attack on Mnangagwa could harm Zimbabwe economy'
Presidential adviser Paul Tungwarara has warned that the recent attack on President Emmerson Mnangagwa by war veterans could have serious consequences for Zimbabwe's economy, potentially undermining e...Published: 30 Jan 2025 at 07:01hrs | 3502 | by Staff reporter
Come 2031, what if Zimbabwe is still a failed state - proof vision 2030 was a mirage. What then Mnangagwa?
There are some things we can debate and argue over and even agree to disagree. There are others we should not even discuss because they are obvious and beyond dispute. The right of every Zimbabwean to...Published: 29 Jan 2025 at 19:43hrs | 531 | by Wilbert Mukori
Zimbabwe economy implodes
Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retai...Published: 29 Jan 2025 at 08:49hrs | 1354 | by Staff reporter
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 922 | by Staff reporter
A desperate government goes door to door
Zimbabweans are grappling with one of the highest tax burdens in the world, facing exorbitant charges for government services that only seem to increase. In a startling turn of events, According to Th...Published: 19 Dec 2024 at 11:02hrs | 929 | by Engineer Jacob Kudzayi Mutisi
Afreximbank to inject US$1bn into Zimbabwe economy
The African Export-Import Bank (Afreximbank) has announced a substantial financial commitment of US$1 billion to support Zimbabwe's economic growth, with funds allocated to various sectors in both the...Published: 14 Nov 2024 at 09:21hrs | 190 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 668 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 794 | by Tendai Ruben Mbofana
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3500 | by Staff reporter
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 143 | by Staff reporter
ZiG acceptance grows across Zimbabwe economy
The Reserve Bank of Zimbabwe (RBZ) has observed a growing acceptance of the local currency, ZiG, by both businesses and individuals, which aligns with the central bank's efforts to stabilize the econo...Published: 24 Jul 2024 at 08:54hrs | 2081 | by Staff reporter
Zimbabwe economy on the upswing, rating agency says
ICRA Rating, a UAE-based credit rating agency, has lauded Zimbabwe's economy for demonstrating impressive resilience and growth. The agency attributes this positive outlook to recent government initia...Published: 12 Jul 2024 at 09:15hrs | 49 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 9 | by Staff reporter
Zimbabwe economy could hamper Mnangagwa's Brics ambition
President Emmerson Mnangagwa has announced Zimbabwe's readiness to join the BRICS grouping, claiming the country now has a stable currency and solid economic fundamentals. BRICS, comprising Brazil, Ru...Published: 02 Jul 2024 at 12:49hrs | 16 | by Staff reporter
Does Mnangagwa intend stabilizing the economy by creating a phantom currency?
Does Mnangagwa intend stabilizing the economy by creating a phantom currency?Ever since the Zimbabwe government announced a new currency on 5th April 2024, they have never ceased bragging over...Published: 26 Jun 2024 at 20:56hrs | 5 | by Tendai Ruben Mbofana
Zimbabweans should now see it's corruption, not 'sanctions', causing their suffering!
Zimbabweans has been engulfed in a seemingly unending debate as to what is the real source of their two-and-a-half-decade-long suffering.There have been two dominant narratives.Unsurpr...Published: 22 Jun 2024 at 21:50hrs | 15 | by Tendai Ruben Mbofana
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 7 | by @Jamwanda2 on Saturday
Zimbabwe economy stabilising after ZiG introduction
The Zimbabwean economy has shown relative stability in recent months following the Reserve Bank Governor's Monetary Policy statement on April 5, 2024, and the transition from the Zimbabwe Dollar to Zi...Published: 20 Jun 2024 at 07:14hrs | 16 | by Staff reporter
IMF mission to assess new ZiG's impact on Zimbabwe economy
In June, an International Monetary Fund (IMF) consultation mission will visit Zimbabwe to evaluate the country's economic performance following the introduction of the Zimbabwe Gold (ZiG) currency. ...Published: 09 Jun 2024 at 09:15hrs | 7 | by Staff reporter
Zimbabwe's new ZiG spins markets into trading disruptions and uncertainty
Zimbabwe's newly introduced ZiG currency is causing market disruptions and transaction bottlenecks despite central bank assurances that it is backed by gold and foreign currency reserves, amid sceptic...Published: 09 Apr 2024 at 06:24hrs | 3 | by Staff reporter
Focus on road, rail rehabilitation to boost Zimbabwe economy
The Government of Zimbabwe has expressed its commitment to rehabilitating the country's roads, with a particular focus on the strategic Beitbridge-Bulawayo-Victoria Falls Road. The Government aims to ...Published: 07 Apr 2024 at 10:04hrs | | by Staff reporter
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 9 | by Nomazulu Thata
Get Zimbabwe to its factory settings
Zimbabweans living in the diaspora must have a say and given a platform to share their ideas and contribute much to the economic, political and social dev...Published: 12 Mar 2024 at 07:20hrs | 5 | by Leonard Koni
Mnangagwa regime doing the work of US sanctions in Zimbabwe!
My own views on this sanctions issue have always been that we needed to prove these measures were the cause of our suffering. I have never denied that there have been targeted sanctions impose...Published: 06 Mar 2024 at 23:01hrs | 6 | by Tendai Ruben Mbofana
'We want regime change!' clamoured Mt Pleasant 'fat cows'. They did not get it, punishment for decades of navel-gazing
A picture is worth a thousand words. A recent Zimbabwe Daily cartoon was one such picture. It depicted Mt Pleasant resident family, the fat cows in Pharaoh's dream, shouting "We want change! Ngaapinde...Published: 26 Feb 2024 at 22:01hrs | 2 | by Wilbert Mukori
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 3 | by Staff reporter
Mnangagwa hopeful Zimbabwe economy will turn around in 2024
President Emmerson Mnangagwa has predicted Zimbabwe's moribund economy will turn around this year following the recent discovery of oil and gas near the country's border with Mozambique and Zambia and...Published: 03 Jan 2024 at 05:31hrs | 16 | by Staff reporter
Mnangagwa's govt is the main trigger of erosion of Zimbabwe economy
The world is wondering and cannot fathom why Zimbabwe - a country richly endowed with natural resources which include renewables such as land, forest, water, wildlife and sunshine, and non-renewables ...Published: 25 Dec 2023 at 13:54hrs | 32 | by Maud Bvumbe
Zimbabwe mines need a web presence
Zimbabwe has only just over ten mines and mining companies with an online presence. Mines with a web presence include ZimPlats, Caledonia Mining Corporation, A and F Avalon Gold Mine, Renco Gold Mine,...Published: 24 Dec 2023 at 09:57hrs | 16 | by Jacob Kudzayi Mutisi
Ncube budget proves, once again, 'nation can tax itself into prosperity' by taxing poor to spare the rich
"I contend that for a nation to try to tax itself into prosperity is like a man standing in a bucket and trying to lift himself up by the handle," said Si...Published: 02 Dec 2023 at 08:44hrs | 12 | by Wilbert Mukori
Skepticism about Mnangagwa's new Cabinet
Trust Chikohora, the leader of the opposition Zimbabwe Coalition for Peace and Development (ZCPD), has expressed skepticism about the new Cabinet that was sworn in earlier this week. He believes the C...Published: 15 Sep 2023 at 06:25hrs | | by Staff reporter
Even Mnangagwa wants 'whites' to develop Zimbabwe!
A few days ago, I had a very interesting debate with a ZANU PF sympathizer - who was adamant that Zimbabwe was going in the right direction under President Emmerson Dambudzo Mnangagwa.He based...Published: 25 Jul 2023 at 21:50hrs | 19 | by Tendai Ruben Mbofana
'US$400m facility won't stabilise Zimbabwe economy'
OLD Mutual Investment Group (OMIG) says the US$400 million funding secured by the government from the African Export-Import Bank (Afreximbank) is insufficient to restore stability to the local currenc...Published: 19 Jul 2023 at 06:43hrs | 1 | by Staff reporter
Zimbabwe economy now in hyperinflation, says CZI
THE Confederation of Zimbabwe Industries (CZI) says the country is now in hyperinflation citing the shooting up of the blended month-on-month rate by nearly 59 percentage points last month.Thi...Published: 06 Jul 2023 at 08:22hrs | 11 | by Staff reporter
If Zim economy 'growing' under sanctions, why was it not growing in the past 20 years?
So, the ruling ZANU PF regime wants to be given another term in power on the basis that it has managed to grow the economy, in spite of sanctions supposedly imposed on the country?That is perf...Published: 01 Jul 2023 at 19:52hrs | 13 | by Tendai Ruben Mbofana
Money-spinning in Zimbabwe shadow economy
WHILE local shoppers traditionally flocked to big groceries and supermarkets for bargains on consumer goods, of late, they have been trooping to "tuckshops" in downtown Harare, where basic commodities...Published: 25 Jun 2023 at 09:31hrs | 6 | by Staff reporter
Zimbabweans will always suffer with a govt perpetually crying over sanctions!
As Zimbabweans continue to suffer through unmitigated poverty, under the ZANU PF regime, for the past two decades - do they honestly see any light at the end of the tunnel?Surely, every time I...Published: 11 Jun 2023 at 10:06hrs | 2 | by Tendai Ruben Mbofana
Massive price hikes throw the Zimbabwe economy into turmoil
THE Zimbabwean government is having sleepless nights over price hikes, which have continued unabated, plunging low-income earners into immense poverty, a snap survey by The NewsHawks.Commodity...Published: 28 May 2023 at 17:54hrs | | by Staff reporter
'Zimbabwe economy has dollarised'
CROSS border traders yesterday say a move by government to lift an import ban on basic commodities will boost their business, but pointed out that they were not to stabilise the local currency....Published: 20 May 2023 at 19:58hrs | 2 | by Staff reporter
Zimbabwe economy could grow 6% this year
Zimbabwe's economy could grow 6 percent this year, better than a previous forecast for 3.8 percent growth, thanks to a strong performance by agriculture and easing power shortages, Finance Minister Mt...Published: 25 Apr 2023 at 09:11hrs | 2 | by Staff reporter
Teachers dragged to pro-Mnangagwa workshops
School teachers in Matabeleland say they have been forced to attend what unions feel are Zanu PF indoctrination workshops organised under the partisan #Teachers4ED banner.The workshops, accord...Published: 19 Apr 2023 at 08:08hrs | 4 | by Staff reporter
'I'm working for investor-friendly environment" insist Mnangagwa. Watch again Al Jazeera Gold Mafia. I rest my case!
The spirit is willing, but the intellect is weak! "Zimbabwe is open for business!" is the most enduring thing President Emmerson Mnangagwa has ever said since taking over from the late Robert ...Published: 16 Apr 2023 at 18:43hrs | 2 | by Wilbert Mukori
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