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Aids battle far from over
LAST Sunday, Zimbabwe joined the rest of the world in commemorating World Aids Day, which is always marked with much pomp and fanfare as well as passionate declarations and pledges for enhanced access...Published: 31 mins ago | 31 | by Staff reporter
'Zimbabwe has reached deepest depth of a crisis'
Zimbabwe has reached the deepest depth of a crisis, which is a culmination of unresolved political and economic problems, Briggs Bomba, the convenor of the Zimbabwe Citizens Manifesto has said....Published: 20 hrs ago | 973 | by Staff reporter
RBZ urges IMF to ignore economic crisis
The Reserve Bank of Zimbabwe has asked the International Monetary Fund to overlook the country's shortcomings in achieving fiscal targets and allow a programme to help restore the economy to run its c...Published: 20 hrs ago | 449 | by Staff reporter
How 'conman' used MPs
A PARLIAMENTARY privileges committee set up to investigate allegations that Norton MP, Temba Mliswa and three other legislators, solicited for a $400 000 bribe from a businessman has revealed how cont...Published: 20 hrs ago | 223 | by Staff reporter
Businesswoman faces US$700K fraud
A 43-YEAR-OLD Bulawayo businesswoman has appeared in court facing charges of defrauding a fellow city businessman of US$700 000 in a well-calculated plan where she sought to offset debt with a local b...Published: 20 hrs ago | 282 | by Staff reporter
Chasi to spell out terms for Zesa board
IT will no longer be business as usual for boards under the Ministry of Energy and Power as among a cocktail of measures being proposed their performances will be subjected to scrutiny by members of t...Published: 20 hrs ago | 161 | by Staff reporter
Govt mulls reviewing fuel pricing formula again
Government is considering shifting from weekly fuel price reviews to monthly adjustments to stem the price volatility that is disrupting planning by businesses and negatively impacting on consumers....Published: 20 hrs ago | 150 | by Staff reporter
'Our fundamentals are now sound' IMF told - not so with corrupt, rigged elections, game changers
"Zimbabwe's central bank has asked the International Monetary Fund (IMF) to overlook the country's shortcomings in achieving fiscal targets and allow a program to help restore the economy to run...Published: 21 hrs ago | 200 | by Patrick Guramatunhu
Liberation mine property goes under the hummer
Liberation Mining (Pvt) Limited in Gwayi area Matabeleland North will on Saturday have numerous of its property worth millions of dollars auctioned to settle debts the mining firm owes to two companie...Published: 06 Dec 2019 at 09:46hrs | 629 | by Stephen Jakes
Chiwenga to reveal secret for the Zanu-PF conference in his province
Mashonaland East province which is the province which house the Vice President of Zimbabwe retired Army General Chiwenga sets to witness fireworks as the ZANU PF conference begins. It's great to be he...Published: 05 Dec 2019 at 12:03hrs | 11314 | by Dr Masimba Mavaza
'TBs auction a success'
Finance and Economic Development Minister, Professor Mthuli Ncube said yesterday the Treasury Bills auction system re-introduced mid-this year to mobilise funding for Government operations...Published: 05 Dec 2019 at 06:29hrs | 83 | by Staff reporter
Mliswa barred from Parly duties
Norton Member of Parliament Mr Temba Mliswa and three other legislators accused of soliciting a US$400 000 bribe from a local businessman, were yesterday barred from sitting on the Parliamentary Portf...Published: 05 Dec 2019 at 06:27hrs | 646 | by Staff reporter
Zimbabwe needs commodities exchange markets
The recent revelations by the Zimbabwean government that the country loses over 30 tonnes of Gold (Worth around US$2 billion) to South Africa and other world markets, through smuggling every year are ...Published: 04 Dec 2019 at 10:14hrs | 784 | by Victor Bhoroma
Zimbabweans in the UK compete in lifestyles - part 2
Zimbabweans in the UK were irked by a previous article on the zeal by most of them to compete le in life styles. The article concentrated on the nurses who are more blessed with the spirit of competit...Published: 04 Dec 2019 at 09:34hrs | 14137 | by Dr Masimba Mavaza
'CIO' denied bail
THE High Court has dismissed an application for bail pending trial by a serial Bulawayo fraudster who allegedly masqueraded as a top Central Intelligence Organisation (CIO) officer and President Mnang...Published: 04 Dec 2019 at 09:08hrs | 1100 | by Staff reporter
Chamisa being fooled by events in Latin America
There are very interesting parallels between political developments in Zimbabwe and in four South American countries, namely Chile, Bolivia, Ecuador and Venezuela. In all these countries, ther...Published: 04 Dec 2019 at 09:01hrs | 1885 | by Bevan Musoko
NetOne Vice chair loses property claim
NetOne vice chairperson Ms Susan Mutangadura has lost a claim to two upmarket houses plus US$177 588 she ostensibly advanced to her estranged husband Mr Alban Chirume, the former Zimbabwe Stock Exchan...Published: 04 Dec 2019 at 08:57hrs | 224 | by Staff reporter
Council names, shames debtors
THE ruling Zanu-PF party is one of City of Harare's biggest debtors and owes the MDC-dominated local authority more than $1,2 million in unpaid rates, NewsDay has learnt.Other debtors who owe ...Published: 03 Dec 2019 at 07:45hrs | 1092 | by Staff reporter
World Bank rules out financial bailout to Mnangagwa
THE World Bank (WB) has ruled out a possible financial bailout to President Emmerson Mnangagwa's government for now, saying Zimbabwe will only continue to benefit from technical assistance, analytical...Published: 03 Dec 2019 at 07:44hrs | 5549 | by Staff reporter
Did Masiyiwa drop a clanger on Zanu-PF?
OTHER than being known as a Christian and a successful telecommunication business person nationally and globally, Strive Masiyiwa continues to be an enigma of our generation. The government fought his...Published: 03 Dec 2019 at 07:26hrs | 4160 | by Tapiwa Gomo
Mthuli Ncube budget statement a fraud, says Biti
FINANCE minister Mthuli Ncube's 2020 budget statement is in a shambles with several errors and inconsistences in figures compared to those in the proposed estimates of expenditure (Blue Book), former ...Published: 03 Dec 2019 at 07:21hrs | 381 | by Staff rpeorter
Mnangagwa charms Bulawayo artists
The National Arts, Culture and Heritage Policy which was launched in Bulawayo by President Emmerson Mnangagwa.President Emmerson Mnangagwa played into the hearts of local artists in Bulawa...Published: 01 Dec 2019 at 06:04hrs | 387 | by Staff reporter
Falcon College headmaster steps down
FALCON College headmaster, Reginald Querl is stepping down from his position, with the revered educator leaving the Esigodini private institution where he has been since the beginning of 2002. ...Published: 01 Dec 2019 at 06:02hrs | 908 | by Staff reporter
Mugabe's riches to be made public
Former President Robert Mugabe's wealth will be revealed in a few days, putting to rest much speculation and conjecture.This week the Master of the High Court is expected to give the full list...Published: 01 Dec 2019 at 05:57hrs | 2157 | by Staff reporter
Ordinary Zimbabweans say 'THE' Government rather than 'OUR'
Zimbabwe is buffeted by lack of cohesion, it is buffeted by incapacitation, and it is buffeted by intra-party politics, indecisiveness and inconsistencies.Political & Economic Indicators...Published: 29 Nov 2019 at 12:47hrs | 2587 | by Tinashe Eric Muzamhindo
Bring back the multi-currency regime, says Biti
FORMER Finance minister and Harare East legislator Tendai Biti says Zimbabwe needs to reintroduce the multi-currency regime, seek debt cancellation and liberalise the fuel industry, among other interv...Published: 29 Nov 2019 at 09:54hrs | 2774 | by Staff reporter
Harare sells 1 000 cattle, beerhalls to pay debts
THE cash-strapped Harare City Council is selling 1 000 cattle and some of its beerhalls to finance its businesses and pay debts, it has emerged.Council is planning to use proceeds from the sal...Published: 28 Nov 2019 at 06:40hrs | 787 | by Staff reporter
The arrogance of the men in suits and scarfs
Constantine Chiwenga is the man who spearheaded a coup which toppled Mugabe from power in November 2016 in Zimbabwe. After the coup he became unwell. He was so ill that you could hardly recognis...Published: 27 Nov 2019 at 13:05hrs | 1296 | by Lucia Mungwari
Water charges to go up 400%
Harare City Council's budget proposals delivered last night will see the average bill for high-density householders rise to $225 a month. In the budget, council quadrupled water charges, raise...Published: 27 Nov 2019 at 06:18hrs | 528 | by Staff reporter
Mthuli Ncube exceeds revenue collection target - report
Treasury collected over $1,8 billion in August against a target of $1,34 billion, a statement of financial performance of the Consolidated Revenue Fund published in the Government Gazette last Friday ...Published: 26 Nov 2019 at 07:20hrs | 265 | by Staff reporter
2020 Budget Hits and Misses
Zimbabwe's 2020 National Budget was presented amid high expectations from the market on the urgent need to turnaround the fortunes of the waning economy, restore incomes, and improve productivity and ...Published: 25 Nov 2019 at 11:17hrs | 1268 | by Staff Reporter
Best path to a prosperous Zimbabwe
The starting point in the journey to a prosperous Zimbabwe is to understand the nature and character of Zimbabwe's problems. The country has inextricably linked, seemingly intractable, political and e...Published: 24 Nov 2019 at 14:47hrs | 68 | by Arthur Mutambara
AfDB advises government on Air Zimbabwe
INSOLVENT national flag carrier Air Zimbabwe must focus its efforts on optimising routes to reduce operating costs and replace aging, high cost planes used on domestic routes with smaller planes that ...Published: 24 Nov 2019 at 14:39hrs | 92 | by Staff reporter
RBZ conceals US$1bn fat cat loans
THE Reserve Bank of Zimbabwe (RBZ) has refused to hand over a list of beneficiaries of non-performing loans (NPLs) totalling US$1,13 billion which were inherited by the taxpayer via the Zimbabwe Asset...Published: 22 Nov 2019 at 18:12hrs | 5191 | by Staff reporter
There's a US$1,13 billion skeleton in the RBZ vault
EARLIER this year, I conducted an investigation into the catastrophic failings of Zimbabwe's governance architecture. For the most part, the probe focussed on the contribution of failed governance to ...Published: 22 Nov 2019 at 18:09hrs | 1704 | by Brezh Malaba
Mortgages gold to pay loans
PARLIAMENT has accused the Reserve Bank of Zimbabwe (RBZ) of illegally mortgaging the country's future gold sales as security for the central bank's external loans while slamming the apex bank for fai...Published: 22 Nov 2019 at 18:08hrs | 301 | by Staff reporter
Mnangagwa to order importers to declare forex sourcing
Zimbabwe will force importers to declare sources of foreign currency and those who fail to prove they obtained the money from banks will forfeit their goods to the state, a government official said on...Published: 22 Nov 2019 at 17:59hrs | 336 | by Reuters
Mnangagwa should now engage Prophet Makandiwa to stop this, 'economic rot'
A shortage of foreign currency has put Zimbabwe in a dire economic situation with little means for short-term recovery....Published: 22 Nov 2019 at 07:33hrs | 6431 | by Knowledge Hakata
Why Mnangagwa has failed to improve the economic prospects of Zimbabwe?
It is now more than two years since President ED Mnangagwa assumed power with an ostensible mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, RG Muga...Published: 21 Nov 2019 at 21:03hrs | 575 | by Martin
Biti slams 'amateurish' accounting
Former finance minister Tendai Biti said the omission of Chinese development assistance in the 2020 budget statement was "amateurish" after China made a strong protest on Tuesday.The Chinese e...Published: 21 Nov 2019 at 04:21hrs | 3279 | by ZimLive
Chiyangwas in court
Former Zimbabwe Football Association (Zifa) president and businessman Philip Chiyangwa's two sons - Edmund and Brian - are facing an $800 000 lawsuit for failing to settle a debt from Getbucks Microfi...Published: 21 Nov 2019 at 03:58hrs | 1802 | by Staff reporter
Zanu PF grand heist, autocracy writ large
IN the aftermath of Finance minister Mthuli Ncube's budget that sounded more like was crafted in some Western world capital and delivered in Harare, many people may have missed the assault on our parl...Published: 20 Nov 2019 at 08:01hrs | 1415 | by Paidamoyo Muzulu
Mnangagwa's govt squanders US$10.6 billion
PRESIDENT Emmerson Mnangagwa's government spent over US$10 billion in unbudgeted public finds, and now wants Parliament to okay the unexplained expenditure, raising the ire of opposition members of Pa...Published: 18 Nov 2019 at 06:38hrs | 1499 | by Staff reporter
Zimbabwe, global de-dollarisation case study - Prof Ncube
Zimbabwe is undergoing a de-dollarisation process that very few countries have successfully implemented and will need time to address the lingering effects of dollarisation, Finance and Economic Devel...Published: 18 Nov 2019 at 06:32hrs | 957 | by Staff reporter
RTGS is legal tender, says High Court
Real Time Gross Settlement (RTGS) is legal tender in the country, the High Court has ruled in a case in which an investment company lost its claim for provisional sentence against Fly Africa exe...Published: 18 Nov 2019 at 06:26hrs | 891 | by Staff reporter
SA Express inaugural flight from Joburg to Bulawayo is today
Airline SA Express said on Wednesday it would commence flights to neighbouring Zimbabwe's second city of Bulawayo from November 18 (today) as it accelerates the restoration of its network.In a...Published: 18 Nov 2019 at 06:25hrs | 1817 | by Staff reporter
RBZ Autonomy and Quasi-Fiscal Activities
The International Monetary Fund (IMF) has warned the Zimbabwean Government that it needs to give autonomy to its central bank if it is to avert the risk of plunging the economy into hyperinflation aft...Published: 17 Nov 2019 at 18:46hrs | 1135 | by Victor Bhoroma
'Public officials should declare assets'
A LOCAL governance expert, Vincent Chakunda, has called for legislative framework that ensures that public officials declare their assets to avoid looting and abuse of public resources.Speakin...Published: 17 Nov 2019 at 18:22hrs | 263 | by Staff reporter
Why Mthuli Ncube will fail
While I wish Finance Minister Mthuli Ncube to succeed, the path he has followed is doomed to fail. I will detail the reasons why below. The situation in which he has placed Zimbabwe's finances is not ...Published: 17 Nov 2019 at 06:04hrs | 2724 | by Ken Mufuka
Passports printing shoots up to 2000 per day
GOVERNMENT has started capacitating the department of the registrar general responsible for printing of identity and travelling documents and citizens need to be a bit patient before things return to ...Published: 17 Nov 2019 at 06:00hrs | 4322 | by newzimbabwe
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