Search / Austerity
IMF, World Bank not serving African interests
Humanitarian organization ActionAid has issued a scathing call for the overhaul or abolition of the International Monetary Fund (IMF) and World Bank, arguing that these institutions do not serve the i...Published: 24 Oct 2024 at 07:59hrs | 122 | by Staff reporter
Cosatu slams Ramaphosa's 'sellout' GNU government
Long serving ANC alliance partner the Congress of South African Trade Unions (Cosatu) in KwaZulu-Natal has broken ranks, saying the once-ruling party was teetering on the brink of total collapse due t...Published: 27 Sep 2024 at 08:52hrs | 295 | by Staff reporter
EFF responds to Pravin Gordhan's death
The Economic Freedom Fighters (EFF) have released a statement acknowledging the death of former Minister of Public Enterprises, Pravin Gordhan, without any expression of sorrow. The party harshly crit...Published: 13 Sep 2024 at 13:57hrs | 917 | by Staff reporter
President Ruto apologises for 'arrogant' Kenyan MPs
Kenya's President William Ruto on Friday apologized for the "arrogance and show of opulence" by legislators and ministers from the ruling party and promised action against "rogue" police officers who ...Published: 06 Jul 2024 at 12:06hrs | 19 | by Staff reporter
Joe Biden at 81 versus Robert Mugabe at 81: No match
AS HAS BECOME ITS ENTRENCHED TENDENCY, a characteristically thoughtless and delinquent segment of the political opposition in Zimbabwe has been busy using old-age to make asinine comparisons between t...Published: 02 Jul 2024 at 09:17hrs | 48 | by Jonathan Moyo
Ramaphosa's ANC has not learnt from history
In 2018, ANC chose Cyril Ramaphosa as President because they believed that white capital liked him and thus he would attract western investment into the country. However, things did not quite go accor...Published: 14 Jun 2024 at 13:23hrs | 24 | by Staff reporter
Sikhala movement gains traction
The National Democratic Working Group (NDWG), led by opposition politician Job Sikhala, has pledged to organize mass protests against President Mnangagwa's attempt to secure an unconstitutional third ...Published: 01 Jun 2024 at 18:10hrs | 1 | by Staff reporter
Zimbabwe currency crisis: Time to face the truth
THERE is, of course, no such thing as "a shortage of foreign currency".In open and disciplined markets, all that such a claim reflects is an over-valued local currency, whose managers resist t...Published: 07 Apr 2024 at 10:26hrs | 1 | by Obert Nyandoro
Zambian born to become first black leader of a European nation
Wales is set to appoint its first black leader after Vaughan Gething was announced as the winner of the Welsh Labour leadership election on Saturday.Gething will succeed Mark Drakeford, 69, wh...Published: 16 Mar 2024 at 20:29hrs | 9 | by Staff reporter
New curriculum divides teachers
THE proposed Heritage-Based Education 2024-30 Curriculum has divided teachers with some expressing scepticism, while raising concern on history of the country being made a compulsory subject.T...Published: 05 Mar 2024 at 19:18hrs | | by Staff reporter
Parents protest over US$ school fees in Zimbabwe
PARENTS and guardians with school-going children are up in arms with the government after it gazetted tuition fees in United States dollars ahead of the schools opening next week.Primary and S...Published: 03 Jan 2024 at 05:29hrs | 8 | by Staff reporter
Nigerian president hikes wages to avert looming strike
Nigeria's leader increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Afric...Published: 02 Oct 2023 at 09:54hrs | | by Staff reporter
Soldiers voted against Mnangagwa?
PRESIDENT-ELECT Emmerson Mnangagwa lost at a polling station set up for soldiers from Pondoroza Barracks in Redcliff, Midlands province, during last week's elections, in a development that has laid ba...Published: 04 Sep 2023 at 21:13hrs | | by Staff reporter
Zimbabwe suffers brain drain due to fragile political environment, faltering economy
ZIMBABWE has gone through severe economic fluctuations and deadly political violence that brought the entire economy to a standstill.Of particular mention is the 2007/8 record hyperinflation f...Published: 25 Aug 2023 at 06:28hrs | | by Zimbabwe Coalition on Debt and Develpment
Mthuli Ncube always wanted to be in politics
FINANCE and Economic Development Minister, Professor Mthuli Ncube, who is also the Zanu-PF parliamentary candidate for Cowdray Park constituency in Bulawayo says his participation in mainstream politi...Published: 08 Aug 2023 at 06:48hrs | 7 | by Staff reporter
'Mthuli Ncube's shop raids a publicity stunt'
ECONOMISTS have described Finance minister Mthuli Ncube's weekend raids on retail shops to check on pricing of basic commodities as a publicity stunt after failing to tame the country's runaway inflat...Published: 30 May 2023 at 06:48hrs | 2 | by Staff reporter
Zimpapers staff down tools
Journalists and other staffers under Zimpapers' Bulawayo based divisions, Chronicle and Sunday News have downed tools after management announced cutting of allowances and further curtailment of other ...Published: 24 May 2023 at 17:13hrs | 7 | by Staff reporter
Zimbabwe is poor because of IMF
THE International Monetary Fund (IMF)'s programmes have come under fire from civil society, which claims they have lasting repercussions on public service delivery, development, and poverty.Th...Published: 21 May 2023 at 08:12hrs | | by Staff reporter
Mnangagwa preside over Zimbabwe implosion
WHILE President Emmerson Mnangagwa claimed that the majority of his ministers were doing well - with three outstanding and two being a dismal failure - the reality on the ground is different: Zimbabwe...Published: 20 Mar 2023 at 15:05hrs | 1 | by Staff reporter
Mthuli Ncube's bid for Cowdray park seat sparks debate
A debate has ensued about Finance and Economic Development Minister, Professor Mthuli Ncube's electoral chances after he surfaced as a contender in the Zanu-PF primary elections, to represent the newl...Published: 15 Mar 2023 at 19:15hrs | | by Staff reporter
Mnangagwa's Ministers cornered over false promise to military
MEMBERS of Parliament on Wednesday cornered the acting leader of government business in the National Assembly, Felix Mhona, and deputy Finance minister Clemence Chiduwa over an unfulfilled promise mad...Published: 12 Feb 2023 at 11:13hrs | | by Staff reporter
World Bank commends Mthuli Ncube's bold economic reforms
GLOBAL financier, the World Bank (WB) has heaped praise on Zimbabwe for continuously implementing bold economic reforms more recently saying the initiatives had positioned the economy for a sound perf...Published: 16 Oct 2022 at 19:23hrs | | by Staff reporter
South Africa police to go on strike
The South African Police Union (SAPU) confirms that it has been issued a certificate to strike, which covers all labour unions affiliated to the South African Federation of Trade Unions (Saftu)....Published: 21 Sep 2022 at 19:47hrs | | by Staff reporter
Why is Zimbabwe starving?
LONG-STANDING financial troubles and drought in Zimbabwe have pushed millions to the brink of starvation.Government has declared a state of disaster as months of drought have exacerbated a nat...Published: 22 Jul 2022 at 06:43hrs | 8 | by Claire Felter
Mnangagwa relives 2017 'ice cream' horror
President Mnangagwa yesterday opened up on his infamous Gwanda poisoning incident in 2017, saying the medical treatment that saved his life after being airlifted to South Africa inspired his mantra th...Published: 16 Jul 2022 at 10:29hrs | 9 | by Staff reporter
Zanu-PF bigwigs deplore top govt officials
PRESIDENT Emmerson Mnangagwa is under fire from senior Zanu-PF officials, including those stationed at party headquarters, who have raised concern over the failure by ruling party officials deployed i...Published: 25 Jun 2022 at 19:06hrs | | by Staff reporter
Zanu-PF supporters corner ministers, RBZ over failure
Zanu-PF supporters have strongly warned the party of impending electoral defeat in the 2023 general election and accused some of President Emmerson Mnangagwa's deployees in government, particularly Fi...Published: 21 Jun 2022 at 15:24hrs | 9 | by Staff reporter
Is the voice of people really the voice of God?
VOX populi, vox Dei is a common Latin phrase loosely translated to mean "Voice of the people is the voice of God". Sometimes this same conjecture is replicated as the will of the people is the will of...Published: 11 Jun 2022 at 09:30hrs | | by Tendai Makaripe
Mnangagwa needs correct advice from his team
DEAR President Emmerson MnangagwaYour Excellency, as things stand right now you have to make hard currency decision sooner than later as doing that in 2023 will cause so much economic pain tha...Published: 08 Jun 2022 at 09:06hrs | 1 | by Brian Sedze
Mnangagwa has to make bold currency decision or face political demise
The president has to make hard currency decision sooner than later as doing that in 2023 will cause so much economic pain that may cause a huge protest vote which may send him home.The country...Published: 06 Jun 2022 at 12:45hrs | 6 | by Dr Brian Sedze
ZANU PF MPs want 2023 elections postponed
With the party popularity nosediving from 51% in 2018 down to below 30% at present due to poverty, unemployment and poor economic policies, ZANU PF Members of Parliament (MPs) are sensing danger and w...Published: 25 May 2022 at 10:26hrs | | by John Mbizvo
'Zanu-PF uses State funds to buy votes'
LEGAL think-tank, Veritas says the Zanu-PF government is likely to ignore recommendations by the International Monetary Fund (IMF) to resuscitate the economy in favour of "populist" policies that will...Published: 25 May 2022 at 06:33hrs | | by Staff reporter
ZANU-PF MPs want 2023 elections postponed
With the party popularity nosediving from 51% in 2018 down to below 30% at present due to poverty, unemployment and poor economic policies, ZANU PF Members of Parliament (MPs) are sensing danger and w...Published: 21 May 2022 at 16:05hrs | 6 | by John Mbizvo, Political Analyst
Mnangagwa fails to rig the economy
A FAMILY of six now requires a total of ZW$68 178 to meet basic needs per month as inflation continues to surge, according to latest data from the Zimbabwe National Statistical Agency (ZimStat)....Published: 28 Apr 2022 at 09:06hrs | 6 | by Staff reporter
Civil servants allege PSMAS takeover plot
CIVIL servants have accused the Public Service Commission (PSC) of plotting to take over Premier Service Medical Aid Society (PSMAS).The Zimbabwe Confederation of Public Service Trade Unions (...Published: 21 Apr 2022 at 11:37hrs | | by Staff reporter
ActionAid writes to Mnangagwa over food prices
ACTIONAid Zimbabwe has written to President Emmerson Mnangagwa demanding a solution to the skyrocketing food prices.The non-governmental organisation, with branches across Africa, also wrote t...Published: 19 Apr 2022 at 06:39hrs | | by Staff reporter
IMF Calls for More Taxes as Citizens Face Cost-of-living-crisis
THE Zimbabwe Coalition on Debt and Development has revealed that the International Monetary Fund (IMF) has called for more taxes as citizens in Zimbabwe f...Published: 14 Apr 2022 at 08:09hrs | 6 | by Stephen Jakes
World Bank and the IMF have remained largely colonial in character to this day
Most people assume that inequality between the global South and the global North (the United States, Western Europe, Japan, Canada and Australia) has been declining over the past few decades. After al...Published: 13 Apr 2022 at 07:43hrs | 6 | by Professor Jason Hickel
Failure to compensate white farmers will result in Zimbabwe debt ballooning; IMF warns
ZIIMBABWE's failure to compensate white former farmers as per agreement will result in the country's public debt bulging, the International Monetary Fund (IMF) has warned.The Bretton woods ins...Published: 11 Apr 2022 at 07:56hrs | | by Staff reporter
Zimbabwe debt burden to worsen, claims IMF
THE International Monetary Fund (IMF) has warned that Zimbabwe's debt burden will worsen considerably due to the country's inability to compensate its displaced white former farmers, and the Reserve B...Published: 11 Apr 2022 at 06:34hrs | | by Staff reporter
'Zimbabwe political violence poses risk to region,' says American firm
An American research firm Fitch Solutions has said Zimbabwe poses political and economic risks in southern Africa ahead of the 2023 general elections.The report, produced in December 2021, sta...Published: 10 Mar 2022 at 06:07hrs | | by Staff reporter
Ministers splashing on foreign trips, says Mnangagwa
PRESIDENT Emmerson Mnangagwa yesterday warned Cabinet ministers against globetrotting with no tangible results at a time when the country faces an economic meltdown, with millions swimming in deep pov...Published: 16 Feb 2022 at 05:38hrs | | by Staff reporter
New Gates Foundation trustee led plot to overthrow Zim leader alongside US
WHILE Zimbabwean billionaire Strive Masiyiwa, recently appointed to the Bill & Melinda Gates Foundation to add his other high-profile board appointments such as at Rockefeller Foundation, is a rol...Published: 05 Feb 2022 at 19:41hrs | | by Staff reporter
Schools opening on 7 February, the boiling point of the education crisis
In the spirit of the new commandist culture of governance, Zimbabwe's sole Vice President, Retired General Chiwenga announced that schools are reopening on 7 February 2022. The pronouncement was not b...Published: 01 Feb 2022 at 17:27hrs | 7 | by Obert Masaraure
Power play rocks Zimra
THE Zimbabwe Revenue Authority (Zimra) board was allegedly pressured by Treasury to appoint Morris Mpofu as acting commissioner-general, a move which was quickly reversed last week by the government i...Published: 15 Jan 2022 at 00:13hrs | 1 | by Staff reporter
Mthuli Ncube bolsters construction sector
FINANCE Minister Mthuli Ncube's 2022 national budget presented on Thursday gave impetus to the growth of Zimbabwe's construction sector, analysts at Inter Horizon Securities said yesterday.Ncu...Published: 29 Nov 2021 at 05:35hrs | 4 | by Staff reporter
Zanu-PF, Mwonzora's plot to 'takeover' ZCTU
Zanu-PF and the MDC-T have set their sight on taking over control of the firebrand workers' group, the Zimbabwe Congress of Trade Unions (ZCTU) at its elective congress set for this Friday, NewZimbabw...Published: 30 Oct 2021 at 15:34hrs | 4 | by Staff reporter
Teachers to protest against govt on anti-sanctions day
AMALGAMATED Rural Teachers Union of Zimbabwe (Artuz) has planned anti-government protests today to coincide with the Southern Africa Development Community (Sadc) anti-sanctions solidarity day....Published: 25 Oct 2021 at 06:24hrs | | by Staff reporter
You've failed us, villagers tell MPs
Zvimba villagers last Friday blasted legislators for failing to effectively play their oversight role on budgetary allocations in Parliament, resulting in the increase in poverty levels among communit...Published: 18 Oct 2021 at 06:31hrs | | by Staff reporter
Why Zanu-PF is under siege
If Africans knew even half their history, they would understand the reason why they continue to stew in poverty, misery and disillusion while other parts of the world are swimming in prosperity, happi...Published: 17 Oct 2021 at 08:59hrs | | by Bishop Lazi
Load More Stories
