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Hiding in the comforts of Sweden: Paul Siwela pens a letter to Mnangagwa
Dear Bhudi Paul, With dismay I read the letter you wrote President Mnangagwa today. I hasten to say that I was disappointed by this militant language you have now adopted as a party: MLO. What...Published: 2 hrs ago | 938 | by Nomazulu Thata
Mnangagwa says no to return of Zimdollar
According to Zimbabwe's new president, conditions are not yet right for foreign currencies to be replaced by the Zimbabwean dollar.Zimbabwe's new president on Tuesday ruled out an early return...Published: 3 hrs ago | 2945 | by AFP
Zimbabwe to continue using multicurrencies
Zimbabwe's use of the multicurrency system will continue until such a time that the country's macroeconomic fundamentals have re-aligned, President Emmerson Mnangagwa said today in his inaugural State...Published: 3 hrs ago | 848 | by Staff reporter
Mthuli Ncube moves to stabilise forex markets
The Government has negotiated several foreign currency facilities that are set to ease liquidity challenges in the economy, as well as curb parallel forex market activity, President Mnangagwa said tod...Published: 6 hrs ago | 3369 | by Staff reporter
Mnangagwa lays down legislative agenda
President Emmerson Mnangagwa has officially opened the 9th Parliament of Zimbabwe, and pronounced the legislative agenda which is guided by the need to align laws to the new constitution, to further d...Published: 10 hrs ago | 5322 | by Staff Reporter
Mnangagwa must take a chance on Mthuli Ncube's ideas
It is clear that Zimbabwe's new Finance minister Mthuli Ncube is not a shy man and neither is he a coward. He would have been aware, weeks in advance, that he would be appointed Zimbabwe's Treasury ch...Published: 14 hrs ago | 4290 | by Staff reporter
US$ black market rate spirals
Exchange rates on Zimbabwe's parallel market have risen sharply in the past week to 100% for real time gross settlement (RTGS) transfers, triggering fears of more price increases.Zimbabwe's ch...Published: 15 hrs ago | 3900 | by Staff reporter
Zimbabwe economy on the mend
Zimbabweans have entered the most anxious week. The new cabinet flew into a cholera crisis and from nowhere prices sky rocketed and rates came to obnoxious stinking levels. Mthuli Ncube's first week i...Published: 15 hrs ago | 2059 | by Dr Masimba Mavaza
Driving policies towards Vision 2030
Zimbabwe has a new socio-political order. This has been dubbed the Second Republic, which is under the new dispensation. A new national policy is being crafted and hopefully will soon be unveiled. ...Published: 16 hrs ago | 166 | by Nick Mangwana
Zimbabwe inflation breach danger zone
Zimbabwe's annual inflation rate rose 0,54 percent to 4,83 percent in the month of August, latest figures from the Zimbabwe National Statistics Agency (ZimStats) show. This was a marginal uptu...Published: 16 hrs ago | 502 | by Staff reporter
Mthuli Ncube secures $250m loan
The new Minister of Finance and Economic Development, Professor Mthuli Ncube has secured a $250 million commercial loan facility from an international finance company, Gemcorp through the Reserve Bank...Published: 17 Sep 2018 at 19:58hrs | 9340 | by Staff reporter
Zivhu calls for probe into cash vending
CHIVI SOUTH legislator Killer Zivhu (Zanu-PF) feels the government and the Reserve Bank of Zimbabwe (RBZ) must investigate circumstances resulting in the current cash crisis in the formal banking syst...Published: 17 Sep 2018 at 07:10hrs | 1350 | by Staff reporter
Datlabs invests $1 million
PHARMACEUTICAL and personal care products maker, Datlabs Limited, has invested $1 million in capital expenditure meant to bolster production capacity and meet market supply requirements. The B...Published: 17 Sep 2018 at 06:47hrs | 205 | by Staff reporter
$6m ethanol project takes shape
The National Oil Infrastructure Company of Zimbabwe (NOIC) is targeting to complete the construction of two ethanol storage tanks with capacity of 6 million litres at its Mabvuku Depot in Harare by en...Published: 17 Sep 2018 at 06:39hrs | 131 | by Staff reporter
Mthuli Ncube's mission impossible?
While everyone in President Emmerson Mnangagwa's Cabinet is expected to hit the ground running, it is Finance minister Mthuli Ncube who has the most difficult mission to accomplish.Mnangagwa r...Published: 16 Sep 2018 at 13:34hrs | 2267 | by Staff reporter
Zimbabwe MPs challenged to forego cars
ZANU-PF MPs have called on colleagues in Parliament to forgo their perks including top-of-the-range vehicles worth over $20m that government is set to buy them and channel the resources towards combat...Published: 16 Sep 2018 at 13:31hrs | 3272 | by Staff reporter
Govt speaks on fuel situation
Erratic fuel supplies being experienced throughout the country have now been addressed, the Zimbabwe Energy Regulatory Authority (Zera) told the Daily News on Sunday yesterday.Zera chief execu...Published: 16 Sep 2018 at 13:28hrs | 994 | by Staff reporter
Mthuli Ncube's five big challenges
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube faces the unenviable task of navigating Zimbabwe's stuttering economy through serious challenges and will need to make tough deci...Published: 16 Sep 2018 at 09:11hrs | 3332 | by Staff reporter
New exam subjects for pupils
More than 16 000 Ordinary and Advanced Level candidates will this year sit for the recently introduced Physical Education, Sport and Mass Displays exams as Government equips pupils with physical liter...Published: 16 Sep 2018 at 08:47hrs | 505 | by Staff reporter
Zimbabwe's future is bright, says Mangudya
Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says the economy has performed well under difficult circumstances and the future is bright, particularly following the announcement of a "dream...Published: 16 Sep 2018 at 07:22hrs | 5474 | by Staff Reporter
Black market rates soar
The bond note has continued to lose ground on the black market, with rates reaching a staggering 100 percent to the United State dollar yesterday.Last week, the bond was trading below 90 perce...Published: 15 Sep 2018 at 21:53hrs | 4416 | by Staff reporter
Chamisa to expose Mnangagwa-linked companies
This threat was made in March 2018 and nothing was exposed, one wonders whether Nelson Chamisa had anything to expose.OPPOSITION leader and MDC Alliance...Published: 15 Sep 2018 at 09:27hrs | 4694 | by Staff reporter
Bread price shoots up, bakeries shut down
THE price of bread is set to go up today as bakers struggle to secure flour amid rising operational costs and shortage of foreign currency to buy essential raw materials and equipment, it has emerged....Published: 15 Sep 2018 at 09:24hrs | 2852 | by Staff reporter
Let's give Mnangagwa a chance to turnaround Zimbabwe
For a long time, Zimbabwe was a country in the wilderness with little taking place, but since November 24, 2017 when President Mnangagwa took over the levers of powers, things started to tick. He emba...Published: 15 Sep 2018 at 09:16hrs | 183 | by Elijah Chihota
Mthuli Ncube gets shock reality check
NEWLY-appointed Finance minister Mthuli Ncube - who arrived in the country from Switzerland early this week amid a populist storm and blaze of publicity on how to fix Zimbabwe's critically broken econ...Published: 14 Sep 2018 at 16:27hrs | 12957 | by Staff reporter
Mnangagwa's new cabinet an average team
THE cabinet appointed by President Emmerson Mnangagwa last week dubbed the "dream team" by government publicists, though a marked improvement from previous ones, has shortcomings as it features minist...Published: 14 Sep 2018 at 16:23hrs | 1571 | by Staff reporter
Zimbabwe to splash over $20 million on top-of-the range vehicles for MPs
Treasury is set to splash over $20 million on top-of-the range vehicles for Members of Parliament and Senators in the ninth Parliament.This is at a time when government is struggling to mobili...Published: 14 Sep 2018 at 16:07hrs | 663 | by Staff reporter
Wheat shipments to avert bread crisis expected soon
Grain millers yesterday said shipments of wheat are expected into the country from Monday next week, alleviating a possible shortage of bread following interventions by the Reserve Bank of Zimbabwe (R...Published: 14 Sep 2018 at 06:33hrs | 541 | by Staff reporter
Mthuli Ncube inspires economic optimism
THE appointment of a new-look cabinet last Friday by President Emmerson Mnangagwa has inspired great optimism for the nation.The appointment of a young and daring technocrat in the field of ma...Published: 14 Sep 2018 at 06:00hrs | 1977 | by Staff reporter
Govt urged to address currency issues to attract more tourists
SOME international buyers and safari tour operators who went on a familiarisation tour of the country's major resorts post Sanganai/Hlanganani World Travel Expo have urged the government to address cu...Published: 13 Sep 2018 at 06:33hrs | 395 | by Staff reporter
RBZ creating artificial money to fund gold exports
THE Reserve Bank of Zimbabwe (RBZ) plans to flood the banking system with more transferable balances created through real time gross settlement (RTGS) intended to support gold exporters in a desperate...Published: 13 Sep 2018 at 06:27hrs | 723 | by Staff reporter
Govt pledges support for largest gold miner
GOVERNMENT has made a commitment to provide the necessary facilitation to Zimbabwe's largest gold producer, Metallon Corporation, whose operations are being hampered by foreign currency shortages. ...Published: 13 Sep 2018 at 06:23hrs | 275 | by Staff reporter
Mnangagwa has changed Zanu-PF into a fresh new-look organisation
Political analysts say President Emmerson Mnangagwa's new Cabinet - in which he dumped both friends and foes alike on Friday last week - demonstrates that he is determined to reset the government's co...Published: 12 Sep 2018 at 20:01hrs | 5031 | by Staff reporter
Mthuli Ncube embarks on stakeholder listening & consulting roadshow
Minister of Finance and Economic Development Professor Mthuli Ncube embarks on stakeholder listening and consulting roadshow, starting with private meeting with fifty captains of industry.&nbs...Published: 12 Sep 2018 at 12:46hrs | 8079 | by Agencies
Zimbabwe's 'enemy of the people' returns home
In our series of letters from Africa, Zimbabwean journalist Wilf Mbanga reflects on his return home after 15 years in exile - and 10 months after long-time leader Robert Mugabe was ousted from office....Published: 12 Sep 2018 at 10:43hrs | 3812 | by BBC News
Mnangagwa exposed - Truth is out
How could the president that carries people's hopes misfires so early in his mandate as president of the republic of Zimbabwe. I never thought the day would come when the tax payer's money is wasted a...Published: 12 Sep 2018 at 10:19hrs | 26065 | by Ntombizanele Ndlovu
Mthuli Ncube has little to offer to Zimbabwe's sodomized economy
The Zimbabwe's national debt is said to be well above $18 billion with the foreign debt contributing $7.5 billion. The foreign debt ($7.5 billion) excludes the private sector foreign debt of $2.5 bill...Published: 12 Sep 2018 at 10:15hrs | 6657 | by Don Chigumb
Perrance Shiri rules out bread shortage
Government has ruled out the possibility of bread shortage in the country as mechanisms have been put in place to import wheat in the short-term. Further, Government wants to boost wheat cropp...Published: 12 Sep 2018 at 07:04hrs | 321 | by Staff reporter
'Industry revival top priority'
THE new Minister of Industry and Commerce, Nqobizitha Mangaliso Ndlovu, says the revival of industries will be a top priority during his tenure as the new political dispensation moves to transform the...Published: 12 Sep 2018 at 06:51hrs | 1008 | by Staff reporter
19 shades of the MDC
Yesterday marked the 19th birthday of the Movement of Democratic Change - Zimbabwe's once formidable opposition party. Of course, one can be forgiven for not knowing what that name actually now repres...Published: 12 Sep 2018 at 06:38hrs | 390 | by Tichaona Zindoga
20 dead
Government has declared the cholera outbreak in Harare a state of emergency as numbers of people dying or falling sick from the bacterial infection rise. By mid-morning yesterday, 20 people had been c...Published: 12 Sep 2018 at 06:33hrs | 505 | by Staff reporter
Let's give Mnangagwa a chance to turn Zimbabwe around
For a long time, Zimbabwe was a country in the wilderness with virtually nothing taking place, but since 24 November 2017 when President Emmerson Mnangagwa took over the levers of powers things starte...Published: 11 Sep 2018 at 16:16hrs | 2430 | by Elijah Chihota
To introduce or not to introduce domestic currency in the short run, that is the question!
By "To be or not to be" is the manner the literary genius William Shakespeare chose to employ as an opening of a soliloquy for Prince Hamlet in the play Hamlet. "To re-introduce or not to re-introduce...Published: 11 Sep 2018 at 16:08hrs | 1702 | by Prosper Munyedza
Health and Child Care Dep Minister sworn in
President Emmerson Mnangagwa has sworn in the Deputy Minister of Health and Child Care Dr John Mangwiro, bringing to 15 the number of deputy ministers who are part of the new team of ministers entrust...Published: 11 Sep 2018 at 15:43hrs | 1072 | by Staff reporter
Mthuli Ncube has a cash crisis plan
NEWLY-APPOINTED Finance and Economic Development minister Mthuli Ncube says government expects to announce a plan to tackle the on-going currency crisis by month-end and confirmed that he expects to r...Published: 11 Sep 2018 at 13:43hrs | 6294 | by Staff reporter
Sable Chemicals warns of fertiliser crisis
SABLE Chemicals Industries (Sable), Zimbabwe's only manufacturer of ammonium nitrate (AN), says it will only be able to meet just about 38% of national demand this year.AN is a top-dressing fe...Published: 11 Sep 2018 at 07:15hrs | 551 | by Staff reporter
Mnangagwa's Ministers ready to roll
NEW Cabinet Ministers sworn-in yesterday pledged to bring about sweeping changes in Government and ensure Zimbabwe becomes a middle income economy by 2030. The 20 Cabinet Ministers - who took ...Published: 11 Sep 2018 at 06:54hrs | 408 | by Staff reporter
Industry minister outlines plans
New Minister of Industry and Commerce, Mr Mangaliso Ndlovu, plans to introduce a raft of measures including a "robust" industrialisation policy and removing bottlenecks so as to attract more investors...Published: 11 Sep 2018 at 06:32hrs | 1246 | by Staff reporter
Zimbabwe seeks return to dollar as new govt sworn in
Zimbabwe's newly sworn-in finance minister on Monday said he planned to reintroduce the Zimbabwe dollar and accelerate plans to repay the country's debt, in a bid to revive the battered economy....Published: 10 Sep 2018 at 16:27hrs | 4585 | by AFP
Mthuli Ncube on his Zimbabwe Financial plan
Newly appointed Finance and Economic Development minister Professor Mthuli Ncube says one of his immediate goals as minister will be to re-engage international financiers such as the International Mon...Published: 10 Sep 2018 at 16:16hrs | 6781 | by Staff reporter
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