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Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7666 | by Staff reporter
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9582 | by Staff reporter
US economist mocks Zimbabwe's new currency
United States economist Steve Hanke has derided Zimbabwe's latest currency introduction, the ZiG, asserting that the country's monetary policies resemble a merry-go-round. The ZiG, purportedly backed ...Published: 11 Apr 2024 at 08:50hrs | | by Staff reporter
Zimbabwe's new currency chaos
ZIMBABWEAN consumers were yesterday left stranded after businesses suspended trading using the Zimbabwe dollar following the introduction of a new currency on Friday.Reserve Bank of Zimbabwe (...Published: 07 Apr 2024 at 10:35hrs | 1 | by Staff reporter
ZiG is putting lipstick on a pig, says Biti
The Reserve Bank of Zimbabwe (RBZ) on Friday introduced a new currency to be known as the ZiG, which stands for Zimbabwe Gold.RBZ governor John Mushayavanhu said the ZiG would be structured an...Published: 07 Apr 2024 at 10:31hrs | 19 | by Staff reporter
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 | 1 | by Staff reporter
Zimbabwe's structured currency launch on Friday
IN a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid arbitrage, the Zimbabwean government will next week launch a "structured currency" which the...Published: 31 Mar 2024 at 20:50hrs | | by Staff reporter
Schools start online Form 1 selection today
GRADE Seven results will be uploaded on the e-map system today with headmasters expected to start selecting learners for Form 1 places, Primary and Secondary Education Permanent Secretary Mr Moses Mhi...Published: 04 Dec 2023 at 04:44hrs | 10 | by Staff reporter
'Zimbabweans are already overtaxed'
AMERICAN financial literacy website, Investopedia defines 'wealth tax' as a tax based on the market value of assets owned by a taxpayer.A wealth tax is typically put on a 'high-net-worth' indi...Published: 03 Dec 2023 at 17:37hrs | 12 | by Staff reporter
Mnangagwa lines up US meetings with SADC leaders
President Emmerson Mnangagwa has lined up private meetings with SADC leaders during his US excursion amid signs of an attempt to hush wide condemnation over the manner with which he was re-elected las...Published: 20 Sep 2023 at 18:55hrs | | by Staff reporter
Chinamasa, please also explain why ZANU PF imposed sanctions on my one-year-old son!
I cannot stand it when the powerful and wealthy whine over clearly banal ‘injustices' inflicted upon their high and mighty little angels - yet, these same people have, themselves, perpetrated the mo...Published: 28 Dec 2022 at 16:22hrs | | by Tendai Ruben Mbofana
Bulawayo schools operating without water
MORE than half of Bulawayo's schools are operating without water after council disconnected supplies due to non-payment of rates amid reports that they owe council a combined $100 million while those ...Published: 25 Sep 2022 at 10:38hrs | | by Staff Reporter
Mnangagwa visited Mutami at school?
A FORMER boyfriend of Susan Mutami and her school friends at Loreto High School in Silobela, Midlands, have validated claims that a man believed to be President Emmerson Mnangagwa she now accuses of r...Published: 10 Aug 2022 at 08:42hrs | 1 | by Staff reporter
Susan Mutami spills beans in tell-all sexual abuse scandal
A CONTROVERSIAL young Zimbabwean woman Susan Mutami, based in Australia, with high-level Zanu-PF and government links, has dropped a bombshell: she has accused President Emmerson Mnangagwa of raping a...Published: 25 Jul 2022 at 07:57hrs | 4 | by Staff reporter
Stayaway that never was exposes Western puppets
TODAY, Pachedu, a shadowy troll on Twitter, manned by some faceless characters, stands starkly naked, exposed as a Trojan horse of Western nations that have an incurable colonial hangover.In t...Published: 10 May 2022 at 07:39hrs | | by Fungi Kwaramba
The end of the Petrodollar and the rise of the Petroyuan
A "Petrodollar" is a U.S. Dollar obtained through the sale of crude oil, i.e. it's a term created particularly to describe the situation of the OPEC countries, where the sale of this commodity allows ...Published: 08 Mar 2022 at 07:17hrs | 10 | by Hugo Martins | Analyst
Zimbabwean firefighters join nurses in leaving the country for better pay abroad
Samuel Chikengezha, a 35-year-old fireman, sits on a sofa in his modest home, staring at the television set while he stresses over how he'll make ends meet this month.He has not yet paid schoo...Published: 15 Jan 2022 at 14:15hrs | | by Staff reporter
Mthuli Ncube orders banks to stop deducting civil servants bonuses
FINANCE Minister, Mthuli Ncube has ordered banks to pay civil servants their 13th cheques in foreign currency, and not to deduct cash from their transactions.The Treasury boss said it had come...Published: 03 Dec 2021 at 18:21hrs | 6 | by Staff reporter
No US$ bonus for nurses
HEALTH professionals have expressed disgruntlement after some of them allegedly received their bonuses in local currency while other civil servants were struggling to access their 13th cheques at loca...Published: 03 Dec 2021 at 05:34hrs | 9 | by Staff reporter
CABS taken to court over currency conversion
ARCHITECTURAL firm Stone/Beattie Studio has filed a High Court application seeking to recover US$142 000 from Central Africa Building Society (CABS) that was converted to the equivalent local unit fol...Published: 23 Jul 2021 at 08:58hrs | 2 | by Staff reporter
Zimbabwe back to trillion-figure era
THE Reserve Bank of Zimbabwe (RBZ) says the value of transactions processed through the national payment systems hit the $1,24 trillion mark during first quarter of this year, rising by 9% from $1,13 ...Published: 09 Jun 2021 at 07:18hrs | | by Staff reporter
Haruzivishe represents everything wrong about opposition politics
A young member of the MDC formation led by Nelson Chamisa, Makomborero Haruzivishe, was sentenced to 14 months in prison by the Harare Magistrates Court this week for inciting public violence. ...Published: 09 Apr 2021 at 07:16hrs | | by Nobleman Runyanga
Mugabe blocked son-in-law, daughter and nephew over attempts to take over Telecel
WHILE the late former president Robert Mugabe's regime was corrupt and incompetent it allowed ministers, top civil servants and its business cronies to loot public resources Mugabe himself was very st...Published: 06 Mar 2021 at 08:00hrs | | by Staff reporter
Zimbabwe is not a banana republic
Blessed Sunday good people.How was Friday?Has the Government changed yet?Is Nelson Chamisa now president of our teapot-shaped republic? Kikikiki.Yes, exactly as Bishop ...Published: 18 Aug 2019 at 09:30hrs | | by Bishop Lazi
Zesa Holdings' breach of contract
THE frustration and futility of it all; no person living in Zimbabwe is happy with the current electricity supply situation.Not even the most hopeful optimists can think brightly about power c...Published: 27 Jul 2019 at 16:30hrs | | by Miriam Tose Majome
Civil servants wages: Govt can't run forever
GOVERNMENT's continued action of snubbing its workers as it tries to avoid paying what is due to the civil servants is nothing short of folly.In fact, it reminds us of lyrics of one of reggae ...Published: 17 Jul 2019 at 07:48hrs | | by Editorial - Newsday
Zimbabwe's curse of voodoo economics
I was attending a pre-conference of Christian pastors in Masvingo at the urgent invitation of Prophetess Elizabeth Chademana.I had been charged by the saints in Greenwood District of the Unite...Published: 07 Jul 2019 at 21:30hrs | | by Kenneth Mufuka
Are we enjoying the fruits of our independence-Zimbabwe?
The Zimbabwe is on standstill not because of sanctions. The real matter is on "CORRUPTION" and Zimbabwe to go forward need to adhere to its "Constitution".. In the Zimbabwean scenario, a certain secti...Published: 01 Jul 2019 at 21:26hrs | 9 | by Enos Denhere
WATCH: Fake Zim Dollar video goes viral
A video of some foreign nationals in possession of some gold platted Zimbabwean dollars has gone viral on the internet. The video shows the men entering a room and they speak to each other bef...Published: 27 Jun 2019 at 18:47hrs | | by Mandla Ndlovu
Zimbabwe's currency reforms dilemma
The Zimbabwean government has indicated that the country will be launching a new currency before the end of 2019. The announcement has caused some confusion amongst businesses and the transacting publ...Published: 17 Jun 2019 at 18:01hrs | | by Victor Bhoroma
Zimbabwe's endless currency circus and cycle
When it comes to currency management in Zimbabwe there is always déjà vu which is a result of repeated fallible prescriptions. It's a circus where the actors enjoy their never-ending play with the a...Published: 14 Jun 2019 at 11:46hrs | 1 | by Ngonidzaishe Makaha and Adrian Mapiye
Mnangagwa's Zanu-PF admits failure
President Emmerson Mnangagwa's ruling Zanu-PF party is struggling to deliver on its election promises, nearly 10 months after winning a controversial election in July last year.Riding on the c...Published: 05 May 2019 at 17:19hrs | | by Staff reporter
'ED in fix as prices soar and workers ask for more money' - déjà vu, now it us in fix
"ED in fix …. as government workers want more money" screamed the Daily News Live headlines! "With only less than a month gone after their pay cheques were reviewed upwards, government worke...Published: 25 Apr 2019 at 22:58hrs | | by Nomusa Garikai
Mnangagwa in a fix
With only less than a month gone after their pay cheques were reviewed upwards, government workers are pushing for another cost of listing adjustment to cushion them from inflation, which is edging cl...Published: 25 Apr 2019 at 07:39hrs | | by Staff reporter
Religious leaders must pray for bloodless separation of Matabeleland and Zimbabwe
China's revered revolutionary, Mao Zedong, was spot on when he said, "political power grows out of the barrel of a gun". Zimbabwe is the product of the barrel of the gun so is the 2nd Republic tha...Published: 17 Apr 2019 at 07:30hrs | | by MLO
Way forward on Zimbabwe situation
Zimbabwe to go forward we need to adhere to our "Constitution". We need press freedom, freedom of speech, rule of law (all citizens to respect rule of law without political affiliation), transparency,...Published: 05 Apr 2019 at 22:34hrs | 1 | by Enos Denhere
SA, Motsepe donate R75m towards Cyclone Idai
THE government of South Africa and businessman Patrice Motsepe's family yesterday donated a combined R75 million to victims of Cyclone Idai in Zimbabwe. The cyclone mainly affected Chipinge and Chiman...Published: 28 Mar 2019 at 23:28hrs | | by Staff reporter
We cannot blame Nelson Chamisa without blaming all of us
We are under sanctions from the United States, the European Union and other Western outposts like Australia, New Zealand and Canada, and the ruin of the sanctions is without doubt. Our industr...Published: 18 Mar 2019 at 06:40hrs | | by Reason Wafawarova
Non-performing parastatals warned
President Mnangagwa has warned parastatals that continue to under-perform despite Government support saying days of perennial poor performances and failure to complete projects they would have embarke...Published: 15 Mar 2019 at 05:55hrs | | by Staff reporter
Mnangagwa's gamble works for the economy
Monetary Policy is defined as an attempt to achieve broad economic goals by the regulation of the supply of money. The 2018 Monetary Policy Statement (MPS) was prepared on the narrative that Zimbabwe ...Published: 23 Feb 2019 at 09:09hrs | 1 | by Dr Masimba Mavaza
Zimbabwean anarchists must be afraid, very afraid
It is clear that the MDC-Alliance and its partners have chosen a very dangerous path of violence in an effort to win power which has eluded them in democratic ways in the last 20 years. Of cou...Published: 18 Feb 2019 at 06:32hrs | | by Editorial - Zimpapers:
CEOs call for dialogue between Mnangagwa and Chamisa
BUSINESS executives in the country have called for a national dialogue to address the challenges facing the country. The call follows last week's meeting between President Emmerson Mnangagwa and losin...Published: 14 Feb 2019 at 07:16hrs | | by Staff reporter
Zimbabwe, way forward will be great tribute to the great icon Oliver Mtukudzi?
Dialogue is a way to solve all the problems we are facing as a nation. The way forward is to do away with strongman spirit. Going forward, we must correct wrongs now. We need to value humanity. The go...Published: 25 Jan 2019 at 13:23hrs | | by Enos Denhere
The year of justice is nigh!
The Bishop lives! Hallelujah!And so, too, does sungura.What a holiday!Sorry, ndakazoenda ndisina kutaura. You see, this world is corrosive, especially for men of the cloth like...Published: 06 Jan 2019 at 09:44hrs | | by Bishop Lazarus
Zimbabwe currency confusion
The three-tier pricing system prevailing in the country is very confusing and frustrating, and is making the majority of people wonder if anyone really is in control of the economy. The government app...Published: 21 Dec 2018 at 10:52hrs | | by Miriam T Majome
Civil servants bonus before Christmas
THE Government is working on dates for payments of this year's annual bonus for civil servants and yesterday assured that all workers will receive their 13th cheques before Christmas.In an int...Published: 25 Nov 2018 at 08:27hrs | 1 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 14 Nov 2018 at 15:10hrs | 4 | by newZwire with The Source
Farm inputs prices skyrocket
The farming inputs such as fertilizer and maize seeds prices have escalated to unbearable levels as the farmers prepare for the farming season this year.The increases come at a time when the c...Published: 26 Oct 2018 at 17:01hrs | | by Stephen Jakes
From cash hoarders to panic buyers
On Monday, most Zimbabweans woke up to a WhatsApp message which read, "Buy basic commodities and keep them. The USD/bond rate is escalating at an alarming rate and the USD has disappeared. There...Published: 13 Oct 2018 at 07:07hrs | | by Samantha Chipoyera
Zimbabwe: We rise and fall together
The prophets of 'scorched earth politics are at it again. Suddenly, according to their reading Zimbabwe is back to year 2008. What utter nonsense! The scenarios could never be more different. If we ar...Published: 10 Oct 2018 at 18:23hrs | 2 | by Lloyd Msipa
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