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Gono says Zimbabwe is in a crisis
Former reserve Bank of Zimbabwe (RBZ) governor Gideon Gono says there is no need to deny that the country is in a crisis as the problems were self-evident.President Emmerson Mnangagwa and the ...Published: 20 hrs ago | 1743 | by Staff reporter
Parliament wants daily forex auctions
PARLIAMENT says the central bank must hold foreign currency auctions daily rather than weekly to ensure the stability of the Zimbabwe dollar.Over the last three weeks, the local unit has margi...Published: 21 hrs ago | 279 | by Staff reporter
Mnangagwa govt promises 200 000 new houses by 2023
At least 200 000 new houses will be constructed by 2023, while apartments that are unfit for human habitation will be rebuilt and informal settlements revamped as part of a raft of measures to overhau...Published: 21 hrs ago | 170 | by Staff Reporter
CR17 donor scores R1.5 billion Eskom contract
The Competition Commission has been criticised for approving a deal that would result in two dominant players in the resources market that supplies coal to Eskom.The South African Energy Forum...Published: 14 Sep 2020 at 08:15hrs | 1922 | by Staff reporter
Gono says GNU days were the best
ormer reserve Bank of Zimbabwe (RBZ) governor Gideon Gono says the days of the government of national unity (GNU) were "one of the best economic episodes of our lives".Gono (GG), who retired in 20...Published: 13 Sep 2020 at 07:24hrs | 1591 | by Staff reporter
Why RBZ needs autonomy
Former reserve Bank of Zimbabwe (RBZ) governor Gideon Gono recently appeared on Zimbabwean entrepreneur and newspaper publisher Trevor Ncube's discussion series In Conversation with Trevor.Amo...Published: 13 Sep 2020 at 07:15hrs | 348 | by Admire Dube
Civil servants forex payment extended
GOVERNMENT has pledged to extend the foreign currency non-taxable Covid-19 allowance for civil servants and pensioners to December as it maintains its position of providing a living wage for its emplo...Published: 10 Sep 2020 at 06:50hrs | 2654 | by Staff reporter
Stanbic launches contactless debit cards and POS machines
Leading financial services institution, Stanbic Bank is set to launch contactless debit cards and POS machines as the institution pushes ahead with its highly innovative technology advancement approac...Published: 09 Sep 2020 at 10:13hrs | 1911 | by Staff reporter
Chiwenga restructures Health Ministry
The Health and Child Care Ministry is being restructured with a new sustainable funding model, far greater effectiveness, and a new work ethic for staff under plans outlined yesterday by the Minister,...Published: 08 Sep 2020 at 06:27hrs | 1858 | by Staff reporter
Strive Masiyiwa acquires Standard Bank's data centre
ZIMBABWE telecoms businessman Strive Masiyiwa has completed a transaction which will see one of his companies owning Standard Bank's Johannesburg data centre.Data centres are locations in whic...Published: 07 Sep 2020 at 06:36hrs | 9593 | by Staff reporter
Work on Hwange power project at 60%
THE Government is working tirelessly to expedite the return of expatriates contracted under its power generation projects most of whom are still locked up in their countries due to the outbreak of Cov...Published: 06 Sep 2020 at 08:51hrs | 620 | by Staff reporter
Policy implementation key in reindustrializing economy
The re-industrialization of the economy is a vital piece in the achievement of Zimbabwe's sustainable economic development goals and effective participation in the Africa Continental Free Trade Area (...Published: 05 Sep 2020 at 16:15hrs | 434 | by Victor Bhoroma
NRZ slapped with US$236m lawsuit
DIASPORA and Infrastructure Development Group (DIDG) is demanding US$236 million from the National Railways of Zimbabwe (NRZ) as compensation after cabinet controversially terminated the consortium's ...Published: 04 Sep 2020 at 06:23hrs | 2010 | by Staff reporter
Tragic: illegal gold sisters trapped
Two female illegal gold miners were trapped while prospecting for gold in Mount Darwin yesterday.Perseviarance Manuwere (29) died on the spot while her sister Hilder Manuwere escaped with mino...Published: 03 Sep 2020 at 13:42hrs | 2269 | by Simbarashe Sithole
A look inside Zimbabwe's most glamorous resorts
Zimbabwe is fortunate to have a stunning natural landscape, complete with beautiful flora and fauna. It's no surprise that our ...Published: 01 Sep 2020 at 19:01hrs | 2176 | by Staff writer
Service delivery has deteriorated to unprecedented levels in Harare
SERVICE delivery has deteriorated to unprecedented levels in Harare with residents going for days without water, while garbage goes for months uncollected. At the centre of the rot is the MDC ...Published: 01 Sep 2020 at 06:18hrs | 461 | by Staff reporter
Zimbabwean economy unlocked to empower Zimbabwean
A large proportion of Zimbabweans if not 99,9 % are still trapped in poverty post-1980 since gaining independence from the colonial regime.One of the reasons of poverty faced by Zimbabweans cu...Published: 01 Sep 2020 at 06:16hrs | 382 | by Mandla Nkala
Commuters swindled in tap-card scam
Problems in recharging Zupco tap-cards in Norton have seen vendors using their own cards, and some have a lot, charging desperate passengers $50, more than twice Zupco's $24, which now on many routes ...Published: 31 Aug 2020 at 06:00hrs | 987 | by Staff reporter
Business cries foul over EcoCash limits
ZIMBABWE'S hard-pressed businesses say they are likely to witness depressed revenues in the short term due to the Reserve Bank of Zimbabwe's decision to limit EcoCash transactions to ZW$5 000 per day....Published: 28 Aug 2020 at 07:17hrs | 2560 | by Staff reporter
Gukurahundi can only be resolved with the victims
The Gukurahundi sanitisation project fronted by Jenni Williams and her cabal is a dismal failure except for its obscenity and vulgarity of holding vile celebrations in Bhalagwe - a scene of heinous cr...Published: 26 Aug 2020 at 23:04hrs | 1048 | by Lizwelethu Dube
80 firms keen to participate on Vic-Falls Stock Exchange
A TOTAL of 80 firms in the financial and capital markets have expressed interest to participate at the soon to be established Victoria Falls Stock Exchange (VFEX). VFEX is a wholly-owned subsi...Published: 24 Aug 2020 at 07:10hrs | 664 | by Staff reporter
'Zimbabwe now a trillion dollar economy'
The Mid Term Monetary Policy Statement from the Reserve Bank is well worth a read. This is the first overall review following the formation of the Monetary Policy Committee in August 2019. I was privi...Published: 23 Aug 2020 at 20:33hrs | 10150 | by Eddie Cross
Dr Obert Mpofu: How I joined the struggle at 16
THE Zanu-PF Secretary for Administration and former Cabinet Minister, Dr Obert Moses Mpofu, has penned his autobiography titled: On the Shoulders of Struggle: Memoirs of a Political Insider which amon...Published: 23 Aug 2020 at 11:16hrs | 1111 | by Dr Obert Mpofu
More USD for Zimbabwe
ZIMBABWEANS living and working abroad sent more than US$374 million back home during the first six months of the year, which represents a 26 percent rise from the US$298 million that was recorded in t...Published: 23 Aug 2020 at 11:11hrs | 1163 | by Staff reporter
RBZ directs sale of 20% shop forex
Twenty percent of all new foreign currency taken by Zimbabwean businesses from local customers must now be liquidated at the official exchange rate, when deposited in a domestic foreign currency bank ...Published: 22 Aug 2020 at 08:25hrs | 1578 | by Staff reporter
Organisation to stop looting of resources launched
A NEW organisation, One54 Transformational Trust, which is set to stop looting of natural and mineral resources from all 54 African countries was launched in Harare yesterday.The organisation'...Published: 21 Aug 2020 at 07:36hrs | 327 | by Staff reporter
Mobile money limits due for review
The level of inflation in the country, which reached 837 percent in July, should be used as an indicator that mobile money limits at $5 000 are now due for review. The latest data from the Zim...Published: 20 Aug 2020 at 07:20hrs | 884 | by Satff reporter
Express lane for public transport
ZIMBABWE'S RESPONSE TO THE CORONAVIRUS (COVID-19) Cabinet received from the Minister of Defence and War Veterans Affairs, Honourable OCZ Muchinguri Kashiri, chairperson of the Ad Hoc Inter-Min...Published: 19 Aug 2020 at 07:12hrs | 1011 | by Staff reporter
Zimdollar stabilises against the real dollar
Little movement was seen on the foreign currency auction on Tuesday as the Zimbabwean dollar closed with a marginal depreciation of 0.43% against the US$ to 82.9214 According to the resul...Published: 18 Aug 2020 at 18:25hrs | 4183 | by Staff reporter
Can you please leave Tendai Biti alone!!
We have a government that has no morals, no qualms when it comes to corruption. The president has no shame when it comes to looting national resources and treasury coffers. The money that was allocate...Published: 18 Aug 2020 at 09:24hrs | 6621 | by Nomazulu Thata
Cop arrested for inciting colleagues to revolt
A junior police officer in Plumtree has been arrested for allegedly using social media to incite members of the Zimbabwe Republic Police (ZRP) and Zimbabwe National Army (ZNA) to defy orders from thei...Published: 17 Aug 2020 at 07:22hrs | 1215 | by Staff reporter
Jonathan Moyo's claims on Chasi dismissal rubbished
THE Government has dismissed as patently false claims by exiled former Cabinet Minister, Professor Jonathan Moyo, that the National Oil and Infrastructure Company (NOIC) received a US$1.2 billion loan...Published: 17 Aug 2020 at 07:18hrs | 789 | by Staff reporter
RBZ to buttress auction system
THE Reserve Bank of Zimbabwe (RBZ) says it will announce policy measures to buttress stability of the auction system and exchange rate when it delivers the Mid-term Monetary Policy Review this week....Published: 16 Aug 2020 at 08:14hrs | 1076 | by Staff reporter
Opaque $18bn stimulus irks business
BUSINESS and labour are in the dark over the distribution of a ZW$18 billion (US$219,5 million) stimulus package announced by government three months ago to ameliorate the impact of the Covid-19 pande...Published: 14 Aug 2020 at 10:04hrs | 731 | by Staff reporter
Govt warns banks over civil servants COVID-19 allowances
GOVERNMENT yesterday said it would not tolerate the practise by banks and shops to inflate prices on goods purchased using the United States dollar CoVID-allowance given to civil servants and pensione...Published: 14 Aug 2020 at 09:47hrs | 1151 | by Staff reporter
Zimdollar depreciates by 2.5% agains the real dollar
The Zimbabwe dollar depreciated 2.5% to 82.5608 in Thursday's combined auction. The local currency has depreciated 69.7% from the fixed exchange rate of 25 and 30.52% from the auction start rate of 57...Published: 13 Aug 2020 at 20:21hrs | 1170 | by finx
Zimbabwe reserve money supply drops
ZIMBABWE'S reserve money supply growth decreased to $16,66 billion in the week ended July 31 from $17,01 billion the previous week as authorities implement tight policies to control inflation. ...Published: 12 Aug 2020 at 06:46hrs | 913 | by Staff reporter
Cancel African public debts, ethics committees of African scientists must be formed
The International Coalition Against the Coronavirus (ICAC) Africa has demanded the cancellation of African public debts and establishment of the ethics committees of African scientists before an...Published: 11 Aug 2020 at 07:19hrs | 142 | by Stephen Jakes
Civil servants push for another wage hike
Civil Servants have made fresh wage demands on the government as Zimbabwe's economy battles rising inflation and a weakening domestic currency.Progressive Teachers' Union of Zimbabwe secretary...Published: 07 Aug 2020 at 21:52hrs | 3927 | by Staff reporter
Hopewell Chin'ono unmasked, as America slaps Tagwirei with sanctions
Kudakwashe Regimond Tagwirei was born on the 19th February 1969 in SHURUGWI, his father the late Phineas Tagwirei was a modest man ND A MEMBER OF THE Seventh Day Adventist church.Kudakwashe Re...Published: 07 Aug 2020 at 15:12hrs | 4891 | by Dr Masimba Mavaza
Tagwirei business empire faces tough times
ZIMBABWEAN business tycoon Kudakwashe Regimond Tagwirei, accused of capturing the state for personal gain alongside with the Presidium, has been slapped with sanctions by the United States government,...Published: 07 Aug 2020 at 09:11hrs | 7520 | by Staff reporter
GNU best way out of Zimbabwe crisis
UNITED Kingdom-based lawyer and blogger Alex Magaisa last month published a list of beneficiaries of the Reserve Bank of Zimbabwe (RBZ) farm mechanisation programme, that included cabinet ministers, Z...Published: 07 Aug 2020 at 09:06hrs | 2315 | by Staff reporter
Zimbabwean state capture
In my weekly political review show on the Gambakwe media platform two Sunday ago, we discussed about the planned demonstration on the 31st of July 2020. During the interview I invok...Published: 06 Aug 2020 at 22:59hrs | 4210 | by Terence. T. Simbi
Analysis of Dual Pricing Policy (SI 185 of 2020)
The Zimbabwean government gazetted Statutory Instrument (SI) 185 of 2020 on the 24th of July 2020. The latest regulation compels sellers of various goods and services to display, quote and offer price...Published: 03 Aug 2020 at 17:05hrs | 3200 | by Victor Bhoroma
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 | 7565 | by Kenneth Mufuka
Govt makes it mandatory to test all corpses for Covid-19, virus kills 14 people in one week
AT least 14 people have died from Covid-19 on admission to health institutions across the country in the last six days with the Government making it mandatory for all corpses to be tested for the viru...Published: 02 Aug 2020 at 07:28hrs | 749 | by Staff Reporter
Mnangagwa staves off threat to his rule for now
PRESIDENT Emmerson Mnangagwa has staved off national demonstrations that could potentially have loosened a few screws anchoring his faltering rule as there were no reported acts of any significant pub...Published: 31 Jul 2020 at 18:58hrs | 9872 | by Staff reporter
Zimbabwe businesses closed, streets deserted on day of protests
Businesses were shut and streets deserted around Zimbabwe on Friday as security forces increased patrols to stop anti-government protests called by activists over corruption and economic hardship....Published: 31 Jul 2020 at 18:31hrs | 2340 | by Staff reporter
Crackdown on activists intensifies ahead of July 31 protests
POLITICAL activists in Bulawayo have said the alleged abduction of opposition political party members and activists is an attempt to close the democratic space and clamp down on dissent.The ab...Published: 31 Jul 2020 at 07:31hrs | 105 | by Staff reporter
Civil servants struggle to use US$75 allowances
CIVIL servants are facing challenges utilising US$75 deposited into their accounts by Government as a flat non-taxable Covid-19 monthly allowance. The news crew understands that those who rece...Published: 30 Jul 2020 at 08:52hrs | 1431 | by Staff reporter
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