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RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 159 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3822 | by Staff reporter
Zimbabwean Mine Workers Demand Cost of Living Adjustments Amid Economic Crisis
Harare, Zimbabwe - The National Employment Council for the mining industry has received a petition calling for immediate cost of living adjustments to mine workers' salaries. The plea comes in respons...Published: 16 Oct 2024 at 17:03hrs | 838 | by Stephen Jakes
Zimbabwe teachers suffer setback in salary demands
Teachers in Zimbabwe have faced a significant setback in their quest for improved salaries and working conditions, following the High Court's dismissal of their joint application against the governmen...Published: 09 Oct 2024 at 07:48hrs | 997 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 670 | by Staff reporter
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1398 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1045 | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 85 | by Tonderai Ndoro
Zimbabwean currency poised to strengthen further
The Zimbabwean currency, Zimbabwe Gold (ZiG), is expected to strengthen against major currencies in the official market due to increased demand as companies prepare to meet their quarterly corporate i...Published: 16 Jun 2024 at 09:04hrs | 26 | 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
Zimbabwe's new currency greeted with pessimism
The new currency introduced by the Reserve Bank of Zimbabwe (RBZ) on Friday has been branded old wine in new bottles by economists and financial experts who doubt that it will stand the test of time....Published: 07 Apr 2024 at 10:18hrs | 2 | by Mthandazo Nyoni
Zimbabwe central bank summons Bank CEOs
The Reserve Bank of Zimbabwe (RBZ) has summoned chief executives of key financial institutions, specifically banks, for a meeting tomorrow morning ahead of the much-anticipated launch of a new currenc...Published: 04 Apr 2024 at 10:29hrs | 2 | by Staff reporter
Bulawayo gets UK fire tenders
UNITED Kingdom-based firefighting charity organisation, Operation Florian, has donated three fire tenders to Bulawayo after city fathers expressed concerns over shortages of firefighting equipment and...Published: 24 Mar 2024 at 18:11hrs | 1 | by Staff reporter
Withdraw Zimdollar from circulation
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my conviction that the Zimdollar, all things considered, is a swine. It is the epitome of voodoo economics, based on implausible assumpti...Published: 14 Feb 2024 at 19:25hrs | 2 | by Cyprian Muketiwa Ndawana
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 12 | 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
Students from Zimbabwe flock to Zambia
An estimated 10,000 young Zimbabweans running away from high unemployment and a broken economy among other factors have turned their backs on local universities and are now studying in Zambia, The Mir...Published: 17 Sep 2023 at 22:30hrs | 6 | by Staff reporter
David Coltart Mayoral chances hang in balance amidst US$13 000 theft of Trust Funds allegations
Ward 4 Councilor-Elect David Coltart's ambitions to become Mayor of Bulawayo seem to be hanging by a thread after allegations have arisen and widely reported that he is personally fingered together wi...Published: 05 Sep 2023 at 10:43hrs | 11 | by Nkululeko Ndlovu
Zimbabwe companies edgy ahead of next week's elections
Zimbabwean companies – among them the local unit of South Africa-listed Nampak – are holding their breath as business uncertainty pervades the southern African country ahead of elections next week...Published: 19 Aug 2023 at 16:29hrs | 3 | by Staff reporter
Zimbabweans resort to comedy to cope with failing economy
Zimbabweans are resorting to comic relief in the face of a failing economy, as the local currency loses value by the day. After all, laughter is the best medicine.This week, government workers...Published: 16 Jun 2023 at 08:19hrs | 2 | by Staff reporter
Chamisa knows where to find me, says Mnangagwa
OPPOSITION political party leaders should feel free to approach the Head of State for dialogue directly as opposed to using proxies, the media and third parties, President Mnangagwa has said.P...Published: 02 Jun 2023 at 06:51hrs | 1 | by Staff reporter
Mnangagwa threatens to legislate against foreign currency use
PRESIDENT Emmerson Mnangagwa has, in a yet-to-be-aired interview, declared Zimbabwe will continue using its waning currency despite it fast-losing value.In snippets of the interview shared by ...Published: 02 Jun 2023 at 06:43hrs | 1 | by Staff reporter
Mthuli Ncube rules out ditching Zimdollar
Zimbabwe plans to keep its local currency as legal tender, even as the US dollar is now the unit of choice for most transactions in the economy.The extensive use of US dollars doesn't concern ...Published: 22 Apr 2023 at 19:08hrs | 1 | by Staff reporter
'I earned more as a farmworker in South Africa than as a maths teacher in Zimbabwe'
A teacher living in Zimbabwe says he made more money working as a citrus farm labourer in Gqeberha, Eastern Cape than he does teaching mathematics in his hometown.Nhamburo (not his real name) ...Published: 09 Sep 2022 at 08:35hrs | 2 | by Staff reporter
Mnangagwa Davos trip a useless exercise
PRESIDENT Emmerson Mnangagwa's trip to Davos, Switzerland for the World Economic Forum (WEF) presents a platform to re-engage with the international community but that opportunity looks lost due to th...Published: 27 May 2022 at 20:17hrs | | by Staff reporter
'Cartels controlling Zimbabwe fuel sector'
THE Zimbabwe Coalition on Debt and Development (Zimcodd) has alleged that the country's fuel sector is run by cartels that are manipulating fuel prices.In its weekly review on socio-economic d...Published: 28 Apr 2022 at 09:04hrs | 1 | by Staff reporter
'Mnangagwa will regret the day he appointed Mangudya, Mthuli Ncube,' says Biti
Former Zimbabwe Finance Minister Tendai Biti has said the move by the Reserve Bank to introduce a ZW$100 note is ill advised and a waste of time.Biti said the fact that the note can not buy an...Published: 09 Apr 2022 at 19:47hrs | 1 | by Staff reporter
Smuggling crackdown nets 15 buses
The National Security Taskforce has intensified the crackdown on smuggling between Zimbabwe and South Africa and intercepted 15 buses carrying contraband worth thousands of dollars.The buses w...Published: 16 Mar 2022 at 05:29hrs | | by Staff reporter
Zimbabwe should adopt 'you eat what you gather' policy
ZIMBABWE is in crisis, but to expect the Zanu-PF government to resolve this is impossible.Today, nearly four out of every five Zimbabweans survives in abject poverty. On average, Zimbabweans a...Published: 24 Feb 2022 at 05:43hrs | | by Mwana Ngundu
Mine workers get 24% wage hike
THE Associated Mine Workers Union of Zimbabwe and the Chamber of Mines Zimbabwe have agreed a new minimum wage for mine workers, which will see salaries being paid in both United States dollars and lo...Published: 30 Sep 2021 at 07:16hrs | | by Staff reporter
Businessman reports 'connected' Bulawayo High Court Judge to JSC
Businessman Ismail Moosa Lunat has reported Bulawayo High Court Judge Justice Martin Makonese to the Judicial Service Commission (JSC) alleging improper conduct after losing an appeal involving a US$1...Published: 19 Apr 2021 at 20:39hrs | 4 | by Staff reporter
Militant teachers group claims negotiating partner bribed by Mnangagwa govt
PROGRESSIVE Teachers union of Zimbabwe (PTUZ) president Takavafira Zhou has accused leaders of the Apex Council of accepting government bribes to weaken their resolve to continue pressing for improved...Published: 26 Dec 2020 at 08:52hrs | 4 | by Staff reporter
Govt engages civil servants over salaries
Virtual meetings and other avenues are being considered by the Government to speed up talks on civil servants salaries. Consultations with civil servants representatives on a possible date to ...Published: 28 Aug 2020 at 06:45hrs | 1 | by Staff reporter
Malema hits back at Mnangagwa
The souring life of Zimbabweans in Zimbabwe is becoming unbearable as each day progresses. With food inflation hovering just beneath the 200 percent mark urgency is needed to alleviate the pandemonium...Published: 29 Jul 2019 at 08:23hrs | 1 | by Daniel Itai
Support local currency: MP
PARLIAMENTARIANS have called on Government to immediately work on eliminating corruption from all sectors as a way of restoring confidence in the recently introduced local currency. Spea...Published: 25 Jul 2019 at 07:56hrs | | by Staff reporter
Analysis of Mthuli Ncube's Statutory Instrument 142 of 2019
ON June 24, 2019, Zimbabwe woke to news of a statutory instrument with clearly far-reaching effects in that it alters the currency landscape. This instrument has been followed by directives from the R...Published: 01 Jul 2019 at 08:09hrs | 14 | by Mushoriwa Pasi
Currency reforms restore country's sovereign dignity
The Transitional Stabilisation Programme (TSP) has laid the foundation for fiscal consolidation at the same time generating sustainable budget methods. So far, the implementation of the TSP ha...Published: 30 Jun 2019 at 09:03hrs | 3 | by Richard Mahomva
Mnangagwa cannot fix Zimbabwe's crisis. He needs Chamisa WRITES Tendai Biti
Zimbabwe is in crisis. But to expect the ruling ZANU-PF government to resolve this is improbable at best. It is, more likely, impossible.Today nearly four out of every five Zimbabweans just ab...Published: 19 Jun 2019 at 17:15hrs | 1 | by Tendai Biti
Zimbabwe is not ready for a new currency
Zimbabwe Economic Freedom Fighters ("ZIM EFF") have noted with great concern, the recent commentary by President Emmerson Mnangagwa and his Minister of Finance regarding plans to introduce a NEW Zimba...Published: 11 Jun 2019 at 09:25hrs | 1 | by Innocent Ndibali
George Charamba goes missing
Presidential Affairs Spokesperson George Charamba is a man who is missing in action at a time when the President and his Administration are facing relentless attacks from citizens who are bearing the ...Published: 16 May 2019 at 17:36hrs | | by Mandla Ndlovu
Can Zimbabwe manage to de-dollarize
The Zimbabwean government has indicated that a local currency will be introduced in the next 12 months in a move widely believed to be a precursor to joining the Common Monitory Area (CMA), also refer...Published: 23 Apr 2019 at 15:18hrs | 12 | by Victor Bhoroma
What is going on?
Are we being governed by a mafia? We are kept in the dark as Zanu pf and its leadership do what ever they want and whenever with our resources since they are answerable to no one. They don't lis...Published: 26 Feb 2019 at 13:23hrs | 3 | by Clement Moyo
'US$ remains Zimbabwe's base currency for trading'
THE Zimbabwe Coalition on Debt and Development (Zimcodd) says the United States dollar will remain the base currency for trading purposes in Zimbabwe because businesses prefer trading in a stable curr...Published: 22 Feb 2019 at 09:03hrs | 1 | by Staff reporter
Confusion reins over Mthuli Ncube's budget currency
CONFUSION still reins over Finance minister Mthuli Ncube's 2019 budget statement, which is in United States dollars, yet it remains unclear whether or not prescribed fines are payable in bond notes or...Published: 20 Feb 2019 at 10:05hrs | 2 | by Staff reporter
Mnangagwa must act on reforms, promote democracy
newsdayZimbabwe, a land of unparalleled beauty and infinite potential, is again under democratic and economic siege. Armed men are removing residents from their homes. Unknown assailants have burnt th...Published: 04 Feb 2019 at 08:07hrs | 1 | by Staff reporter
New Zimbabwean currency the only way to go
When the Minister of Finance and Economic Development, Professor Mthuli Ncube hinted that plans were on course to reintroduce the local currency, there has been an outcry from members of the public de...Published: 28 Jan 2019 at 07:24hrs | 2 | by Elijah Chihota
Zimbabwe readies for new currency
Government has made progress in terms of achieving conditions that need to be fulfilled on the macro-economic front before the reintroduction of local currency, according to Finance and Economic Devel...Published: 22 Jan 2019 at 22:30hrs | 1 | by Staff reporter
Is bond and RTGS the official currency of Zimbabwe? Govt must walk the talk on currency reforms
When the current minister of finance and economic development was tipped of his imminent appointment he spelled out what seemed to be his objective, that is to remove bond note and either adopt the Ra...Published: 03 Jan 2019 at 07:47hrs | 3 | by Henry Madiro
'Mthuli Ncube's budget is a waste of time'
IT is a great pleasure to debate the 2019 national budget. This budget, Honourable Speaker Sir, could not have come at a time of greater fragility and greater vulnerability of our country....Published: 23 Dec 2018 at 09:14hrs | | by Tendai Biti
Dissecting the recent Monetary Policy Statement
Summary - The central bank policies on safeguarding financial stability through monitoring and increasing capital adequacy...Published: 11 Oct 2018 at 13:08hrs | 2 | by Dr. Tutsirai Sakutukwa & Dr. Marshall Makate
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