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Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 11:00hrs | 115 | by Staff reporter
Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 10:59hrs | 155 | 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 | 1042 | by Staff reporter
Zimbabwe leaders are from Mars!
I WAS touched by an impassioned plea by a fellow Zimbabwean.He appeared on local television, imploring the government to remove VAT (value added tax) on rice. His logic was that rice w...Published: 13 Feb 2024 at 19:19hrs | 1 | by Tendai Ruben Mbofana
Zimbabwe family basket doubles to ZWL$6,2m
The family basket has nearly doubled to ZWL$6,2 million from ZWL$3,6 million in December due to the continued depreciation of the Zimdollar, the Consumer Council of Zimbabwe (CCZ) has said, spelling d...Published: 07 Feb 2024 at 04:46hrs | 2 | by Staff reporter
'Zimbabwe to closely monitor commodity prices'
GOVERNMENT will continue to monitor basic commodity prices and availability of 14 key products to help consumers acquire essential goods at reasonable costs, Industry and Commerce minister Sithembiso ...Published: 05 Jan 2024 at 05:52hrs | 14 | by Staff reporter
Mnangagwa's govt in umpteenth warning on price hikes
GOVERNMENT has for the umpteenth time warned the business community against hiking pricing during the festive season as it works with industry to make sure that there are no shortages during the year-...Published: 18 Dec 2023 at 04:55hrs | 10 | by Staff reporter
So Mnangagwa govt finally admits local currency wasn't sabotaged after all!
We have said it numerous times before.The Zimbabwe government is lying about saboteurs - who are usually faceless so-called 'regime change agents', supposedly operating in cahoots with 'our de...Published: 11 Aug 2023 at 16:26hrs | 15 | by Tendai Ruben Mbofana
Holy Ten endorses Mnangagwa 'huchi', gets lashed
NETIZENS have fired salvos at hip hop chanter Holy Ten calling him a selfish opportunist while unanimously stripping him of the title ‘leader of the youth' after he endorsed President Emmerson Mnang...Published: 08 Aug 2023 at 06:53hrs | 10 | by Staff reporter
US$12 billion minerals export revenue surpassed says Ziyambi
President Emmerson Mnangagwa's chief election agent and Minister of Justice, Legal and Parliamentary Affairs Ziyambi Ziyambi has said export revenue in the mining industry has more than doubled, surpa...Published: 27 Jul 2023 at 06:29hrs | | by Staff reporter
Baker's Inn slashes bread prices
Baker's Inn Bakery has reduced the price of bread alleviating the strain on the pockets of Zimbabweans.In an era where rising costs have become the norm, Baker's Inn, has emerged as a knight i...Published: 07 Jul 2023 at 07:36hrs | 13 | by Staff reporter
From baba to daddy; the epic transformation of our time
SUNDAY was Fathers' Day. In our days, the father in the home was called baba/ubaba. Today, the children call him daddy. They also call me daddy in my own home but I grew up in the era when the father ...Published: 20 Jun 2023 at 06:52hrs | | by Luke Tamborinyoka
Fuel smuggling hampers growth
FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge....Published: 20 Jun 2023 at 06:46hrs | 6 | by Staff reporter
Zimdollar's black month
THE official auction and interbank exchange rates rose by about 100% and 150%, respectively, last month marking a significant depreciation of the Zimbabwe dollar, a new report has found.At the...Published: 05 Jun 2023 at 06:53hrs | 1 | by Staff reporter
Mealie-meal shortage hits Zimbabwe?
ILLICIT deals involving some unscrupulous suppliers and traders have been blamed for creating artificial shortages of mealie-meal in formal shops while the commodity is being diverted to the streets a...Published: 01 Jun 2023 at 06:42hrs | 1 | by Staff reporter
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
4 rogue firms' accounts frozen
BANK accounts belonging to four major basic commodity distributors have been frozen for suspected economic sabotage, while unscrupulous manufacturers and pharmaceutical companies also face the same co...Published: 28 May 2023 at 07:59hrs | 1 | by Staff reporter
Mnangagwa in panic mode
PRESIDENT Emmerson Mnangagwa has pressed the panic button over galloping prices of basic commodity as he accused retailers of plotting his defeat ahead of the August elections. Retailers last ...Published: 22 May 2023 at 06:40hrs | 2 | by Staff reporter
Anger mounts in Zimbabwe as prices rocket
ZIMBABWE'S currency further crashed this week, precipitating waves of basic commodity price hikes, which were slammed by consumer watchdogs.In a survey, the Zimbabwe Independent found that man...Published: 19 May 2023 at 20:42hrs | 1 | by Staff reporter
Mnangagwa's govt to investigate the latest spate of basic commodity price hikes
A CABINET committee has been set up to investigate the latest spate of basic commodity price increases as Government moves to ensure corrective measures are taken to protect consumers. The int...Published: 10 May 2023 at 05:57hrs | 15 | by Staff reporter
Econet data market share drops 2,1%
TELECOMMUNICATIONS giant, Econet Wireless Zimbabwe posted a 2,1% decline in its market share for data and internet traffic during the final quarter of 2022, according to the Postal and Telecommunicati...Published: 12 Apr 2023 at 08:07hrs | | by Staff reporter
Did the emergence of a strong opposition extinguish the revolutionary spirit in Zimbabweans?
To me, those where the good old days - when Zimbabweans were a people of valor, who did not brook any nonsense from their government and never wasted any time in courageously standing up for themselve...Published: 02 Feb 2023 at 19:27hrs | 3 | by Tendai Ruben Mbofana
'Mnangagwa's govt likely to print money to fund deficit'
ONE of Zimbabwe's top financial institutions, FBC Holdings Limited (FBC) says the 2023 National Budget announced last week will likely be funded by money printing, amid dwindling revenue options for T...Published: 29 Nov 2022 at 05:21hrs | 4 | by Staff reporter
Residents storm ZINWA office in protest of high water bills
Mvurwi residents stormed their Zimbabwe National Water Authority (ZINWA) offices on Thursday demanding answers on high water bills.The angry residents who spoke to this publication blamed ZINW...Published: 23 Oct 2022 at 12:36hrs | 1 | by Simbarashe Sithole in Mvurwi
Bread price goes up in Zimbabwe
THE bread shortage that has been largely described as artificial and temporary by market players hit the market over the past few days as bakers increased the price of the product.Some retaile...Published: 07 Sep 2022 at 06:42hrs | | by Staff reporter
'Match salaries to basic commodity prices'
THE Consumer Council of Zimbabwe (CCZ) has said there is a need to match the cost of basic commodities with salaries of both private and public sector workers.This comes after the reduction of...Published: 25 Aug 2022 at 06:33hrs | 2 | by Staff reporter
Mthuli Ncube told his tricks are not working
LEGISLATORS took Finance Minister Professor Mthuli Ncube to task in Parliament Wednesday, challenging him over the government's "failed" NDS-1 economic blue-print and the administration's apparent lac...Published: 16 Jun 2022 at 08:34hrs | 10 | by Staff reporter
Zimbabweans hoard goods to escape price rage
BASIC commodity shortages have returned to haunt consumers, prompting them to hoard goods to escape a devastating price rage, it has emerged.A significant part of hoarded goods have ended up o...Published: 14 Jun 2022 at 06:39hrs | 1 | by Staff reporter
'There is no reason for bread shortage' Musarara
Grain Millers Association of Zimbabwe (GMAZ) national chairman Tafadzwa Musarara, however, said there is no reason for the country to experience bread shortages as there is adequate wheat in the count...Published: 08 Jun 2022 at 10:21hrs | 12 | by Mandla Ndlovu
Zimbabwe's currency dilemma exacerbating matters
A FEW days after Zimbabwe President Emmerson Mnangagwa announced a series of controversial economic measures, that have sped up the depreciation of the Zimbabwe dollar (ZWL), and resultantly, inflatio...Published: 04 Jun 2022 at 19:56hrs | 1 | by Staff reporter
Bread in short supply as bakeries demand US$
BREAD is in short supply in some parts of the country as some bakeries are demanding payment in United States dollars only.Tuckshop owners in Harare yesterday told NewsDay Weekender that they ...Published: 04 Jun 2022 at 19:55hrs | 3 | by Staff reporter
Retail outlets ration basic commodities as Zimdollar weaken
THE United States Agency for International Development (USAid) food security arm says some wholesale and retail outlets are rationing scarce foodstuffs, as the Zimbabwe dollar continues to depreciate....Published: 02 Jun 2022 at 06:52hrs | 9 | by Staff reporter
Zimbabweans told to brace for more price hikes
CONSUMERS should brace for more basic commodity price hikes as inflation continues to rise and the foreign currency exchange auction system falters, economists warned yesterday.Last week, fore...Published: 25 May 2022 at 06:36hrs | 2 | by Staff reporter
Mnangagwa's govt throws industry under the bus
THE decision by the government to open up importation of basic commodities by citizens together with a six month suspension of duty on various products will have a damaging impact on the revival of th...Published: 21 May 2022 at 18:27hrs | 2 | by Staff reporter
Chiwenga slams price madness
VICE President Dr Constantino Chiwenga has said the resurgent price madness being experienced in the market is unjustified given the prevailing stable economic fundamentals and the supportive fiscal a...Published: 28 Apr 2022 at 08:56hrs | | by Staff reporter
High mealie meal prices baffle consumers
THE RECENT increase in mealie meal prices by 50% has irked consumers across Zimbabwe who are saying it has become unaffordable due to poor incomes they are earning while most of them are not formally ...Published: 27 Apr 2022 at 08:07hrs | 2 | by Stephen Jakes
Zimbabwe industrialists expose gaps in Mnangagwa's re-engagement push
CALLS for government to get serious with its re-engagement drive have intensified, with industrialists and economists reminding President Emmerson Mnangagwa's administration to avoid building ties wit...Published: 06 Feb 2022 at 06:57hrs | | by Staff reporter
Black market records steepest annual rise
THE parallel market exchange rate rocketed by 27% during the third quarter (3Q) of this year, marking its steepest ever growth in one year, researchers at Inter Horizon Securities (IH) said at the wee...Published: 18 Oct 2021 at 06:30hrs | | by Staff reporter
CZI pushes for tax reviews
THE Confederation of Zimbabwe Industries (CZI) says government must review policy free thresholds upwards and increase civil service salaries in the upcoming 2022 national budget to boost consumer spe...Published: 17 Oct 2021 at 09:09hrs | 5 | by Staff reporter
Consumer watchdog slams business
THE Consumer Council of Zimbabwe (CCZ) says businesses have effected "unjustified" price hikes in the past few months despite accessing foreign currency on the Reserve Bank of Zimbabwe (RBZ)'s foreign...Published: 23 Sep 2021 at 06:32hrs | 2 | by Staff reporter
Bloodbath in banking sector
ZIMBABWE'S banks, under siege from prolonged market turbulences and the Covid-19 scourge, fired almost 300 workers during the seven months to July, continuing a carnage sparked by the worldwide migrat...Published: 12 Sep 2021 at 08:55hrs | 13 | by Staff reporter
Zanu-PF fears food disruptions, price hikes; pins hopes on ANC
ZIMBABWE says the ANC has the capacity to deal with South Africa's current turmoil and that for now there's no need for SADC intervention.Speaking to journalists in Harare on Wednesday night a...Published: 15 Jul 2021 at 18:57hrs | 1 | by Staff reporter
Supermarkets feel heat as consumers spend on fuel
ZIMBABWE'S retailers have said the government must take action against high fuel prices that have been blamed for pushing production costs up, making the environment "unpredictable and difficult" for ...Published: 28 May 2021 at 08:02hrs | 2 | by Staff reporter
Zimbabwe supermarkets face implosion
ZIMBABWE's retail industry says it is facing an implosion unless the mid-term fiscal policy review set for July makes wide-ranging reforms to stimulate demand after 12 million consumers hit hard times...Published: 23 May 2021 at 07:45hrs | 2 | by Staff reporter
Mine workers salary talks collapse
THE Zimbabwe Diamond and Allied Minerals Workers Union (Zdamwu) yesterday claimed that negotiations for first quarter wage increments had stalled after the National Employment Council (NEC) for the mi...Published: 26 Feb 2021 at 06:38hrs | 2 | by Staff reporter
RBZ projects inflation fall
THE Reserve Bank of Zimbabwe (RBZ) yesterday forecast annual inflation to plummet to less than 10% this year, driven by a good agricultural season, fiscal and financial sector stability.Zimbab...Published: 19 Feb 2021 at 07:16hrs | | by Staff reporter
MDC Alliance: An opposition effort built on a foundation of lies
Last week some of the issues making rounds on both the mainstream and social media included the arrest of MDC-Alliance deputy chairperson, Job Sikhala, MDC-Alliance spokesperson, Fadzayi Mahere and ac...Published: 20 Jan 2021 at 06:45hrs | 13 | by Nobleman Runyanga
Bread price jumps 13,8%
THE price of a standard loaf of bread has risen by 13,8 percent this week to $82 from $72 and consumers feel the move is not justified. Some retailers, who had already effected the latest pric...Published: 25 Dec 2020 at 07:11hrs | 1 | by Staff reporter
Cost of living spirals to $20 680
ZIMBABWE'S monthly cost of living rose by 4,4% to $18 750 in October, even as the Zimbabwe National Statistics agency (ZimStat) said the annual inflation rate dropped during the period.This fi...Published: 20 Nov 2020 at 06:21hrs | 1 | by Staff reporter
Roller meal scheme revised
VULNERABLE households will start receiving cash grants pegged at a higher level than the price of roller meal to enable them to source the basic commodity from any place of their choice, President Mna...Published: 08 Oct 2020 at 06:42hrs | 3 | by Staff reporter
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