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Mthuli Ncube declares war on inflation
Finance and Economic Development Minister Professor Mthuli Ncube says Government will continue to implement appropriate fiscal measures to bring inflation down to single-digit levels by year end. ...Published: 1 hr ago | 87 | by Staff reporter
Banking sector profits jump 61%
ZIMBABWE's banking sector has recorded a 61 percent jump in aggregate profits to $390 million for the year ended 31 December 2018 when compared to $242 million in 2017, according to the Reserve Bank o...Published: 1 hr ago | 35 | by Staff repprter
Black market forex rate remains stable
PARALLEL market rates remained stable yesterday following the decision by Reserve Bank of Zimbabwe Governor Dr John Mangudya to liberalise the United States dollar exchange rate against Real Time Gros...Published: 1 hr ago | 172 | by Staff reporter
Eddie Cross hails Monetary Policy Statement
ECONOMIST and former MDC legislator Mr Eddie Cross has hailed the 2019 Reserve Bank of Zimbabwe (RBZ) Monetary Policy Statement and believes it will play a major role in stabilising the pricing system...Published: 1 hr ago | 104 | by Staff reporter
Damnatio memoriae and Robert Gabriel Mugabe National Youth Day?
In the recent past few years, it had become a norm in February to see pomp and extravagance in Zimbabwe's state and independent media with preparations towards and celebrations on the birthday of "com...Published: 3 hrs ago | 102 | by Brian Maregedze
Zanu-PF School of Ideology to open provincial schools
Zanu-PF's Herbert Chitepo School of Ideology is set to open provincial schools in the country's 10 provinces as it works towards imparting fundamental ethos regarding the country's history among its m...Published: 3 hrs ago | 80 | by Staff reporter
Mangudya's retreat to safety is timely.....
Governor Mangudya has fundamentally been a good central banker, and perhaps that is why, just like yesterday afternoon, he frequently deflates the air of anticipation that precedes his scheduled polic...Published: 3 hrs ago | 453 | by Staff reporter
Monetary policy, a huge leap towards safety
The Reserve Bank of Zimbabwe (RBZ) governor, John Mangudya, yesterday took a huge positive leap towards healing the ailing economy when he devalued the bond note during his Monetary Policy Statement (...Published: 3 hrs ago | 221 | by Staff reporter
Employers not worried by bond notes, RTGS devaluation
The floating of RTGS dollars will have minimum effect on employers despite the rising inflation, which reached record levels since the introduction of the multi-currency regime 10 years ago, an employ...Published: 3 hrs ago | 439 | by Staff reporter
MDC slams RBZ currency moves
Zimbabwe has "de-dollarised through the back door," the Movement for Democratic Change (MDC) said on Wednesday after the Reserve Bank of Zimbabwe unveiled its delayed Monetary Policy Statement....Published: 3 hrs ago | 259 | by ZimLive
Zimbabwe Communist Party statement on Monetary Policy
The underlying position of the ZCP on any government policy declaration including this one is neither to automatically oppose nor to automatically endorse. Our task is to defend the interests of the w...Published: 5 hrs ago | 746 | by ZCP
Mthuli Ncube says Zimbabwe's inflation rate is being misread
Finance Minister Mthuli Ncube has said the country’s inflation rate, which surged to the highest annual level since a hyperinflation blowout a decade ago, is being misread and the measure of monthly...Published: 7 hrs ago | 3416 | by Bloomberg
What will a teacher's strike in Zimbabwe mean
Following a lengthy dialogue, Zimbabwean teachers have decided to call off their strike. The talks for a strike have been going on for months now when the Zimbabwe Teachers' Association union decided ...Published: 8 hrs ago | 1238 | by Staff Reporter
RBZ's interbank forex policy failed miserably in 2008
Just in case folks out there start jumping up and down ululating and eulogising at the forex trading liberalisation policy announced by the RBZ, a cursory look at the country's...Published: 13 hrs ago | 2309 | by Colls Ndlovu
Robert Mugabe a hero and a true patriot
Cde Robert Mugabe tendered his resignation as the president of Zimbabwe on the 21 st September 2017. This came about after a bloodless army intervention. The man who became a hero and fought many stro...Published: 14 hrs ago | 1911 | by Dr Masimba Mavaza
'Dzamara has a fake degree'
The Vice President of the Thokozani Khupe led MDC Obert Gutu has accused activist Patson Dzamara of possessing a fake Doctoral Degree.Gutu revealed that during a Twar with Dramara over the Mon...Published: 15 hrs ago | 4577 | by Mandla Ndlovu
'Monetary Policy Statement will bring sanity' says RBZ Governor - will not and never will as long as insane rule the roost
The primary objective of the Reserve Bank of Zimbabwe's (RBZ) long awaited Monetary Policy Statement was to bring sanity to Zimbabwe's chaotic economic world, especially the madness in financial and c...Published: 15 hrs ago | 995 | by Nomusa Garikai
Mangudya is a thief, he has devalued people's salaries
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya yesterday announced the eagerly awaited monetary policy for 2019, in which he liberalised the trade of foreign currency and effectively declared t...Published: 16 hrs ago | 6678 | by Staff reporter
Chamisa to address Gweru 'Thank You' rally
MDC Alliance leader Nelson Chamisa heads for Gweru this weekend, where he will address his first rally of the year. He is also expected to address his party's position on key national issues.A...Published: 16 hrs ago | 1050 | by Staff reporter
ZANU PF Youths celebrate Mugabe's birthday
ZANU PF Youth League leadership has encouraged the generality of the young people to take time and introspect about their role in the development of the nation-state.In a statement issued by t...Published: 17 hrs ago | 1679 | by Mandla Ndlovu
Mawarire, Mutasa dockets merged
A HARARE court yesterday merged dockets of #ThisFlag founder Evan Mawarire, and Zimbabwe Congress of Trade Union secretary-general Peter Mutasa, who are both accused of attempting to subvert a constit...Published: 17 hrs ago | 628 | by Staff reporter
Sadc, EU positions on Zimbabwe: Attempting an end of history
Last week, there were two very important statements issued on Zimbabwe by two very important inter-State political bodies. The first of these statements and closer to home was issued by the Southern A...Published: 17 hrs ago | 801 | by Takura Zhangazha
'Zimdollar returns'
THE Reserve Bank of Zimbabwe (RBZ) has effectively brought back the local currency after denoting the existing electronic balances, bond notes and coins in circulation as real time gross settlement (R...Published: 17 hrs ago | 1558 | by Staff reporter
Mangudya formally devalues the bond...introduces new currency
The RBZ officially introduced a new currency despite days of denial by the Zanu PF government including the Ministry of Finance and the RBZ.Again the Monetary statement fails to deal with the ...Published: 17 hrs ago | 2030 | by Jacob Mafume
Mliswa speaks on disability
The Department of Social Welfare should engage in door-to-door collaction of data on people living with disabilities in order to get correct information, a senior Government official has said. ...Published: 20 Feb 2019 at 23:45hrs | 2539 | by Staff reporter
For economy to take off, we must take air out of inflation
What is inflation and why must we get it under control? What has been going wrong, and how are we putting things right? As an Economics Professor, its important I first explain the basics. In ...Published: 20 Feb 2019 at 23:22hrs | 1417 | by Prof Mthuli Ncube
Callistus Ndlovu’s body to be airlifted to Plumtree rural home
THE body of the late national hero and former Cabinet Minister, Professor Callistus Ndlovu is set to be airlifted to his Brunapeg, Plumtree rural home today ahead of burial at the National Heroes' Acr...Published: 20 Feb 2019 at 22:41hrs | 743 | by Staff reporter
Mangudya kills forex black market?
INDUSTRIALISTS and market watchers have hailed the monetary policy statement presented yesterday by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya, saying it will kill the foreign currency p...Published: 20 Feb 2019 at 22:40hrs | 2776 | by Staff reporter
Zanu-PF condemns EU decision on sanctions
ZANU-PF has condemned the decision by the European Union (EU) to conditionally maintain sanctions against Zimbabwe, saying it comes against the background of the country having made tremendous progres...Published: 20 Feb 2019 at 22:39hrs | 534 | by Staff reporter
BCC in financial dire straits
The Bulawayo City Council financials are in the red, a development officials equated to being technically insolvent. The crisis saw the local authority calling for an emergency financial perfo...Published: 20 Feb 2019 at 22:38hrs | 280 | by Staff reporter
Zimbabwe abandons the 1:1 rate
The Reserve Bank of Zimbabwe (RBZ) will introduce Foreign Currency Accounts (FCAs) that will be utilising the real time gross settlement system (RTGS) by the end of this month. This comes as t...Published: 20 Feb 2019 at 22:37hrs | 788 | by Staff reporter
Mnangagwa launches technology centre
President Mnangagwa yesterday launched the India-Africa Incubation Centre in Harare which he described as a key conduit that will drive the modernisation and industrialisation of the economy. ...Published: 20 Feb 2019 at 22:35hrs | 144 | by Staff reporter
John Mangudya's Bonditary policy confirms US$100 salary for a teacher
I am not an economist, I am a subsistence farmer but with a little knowledge of economics that I grasped from my experiences with primary education, John Mangudya's latest Bonditary policy is going to...Published: 20 Feb 2019 at 19:11hrs | 5729 | by Don Chigumba
Mnangagwa, Chiwenga are scaring investors away
The recent military crackdown on Zimbabwean citizens is not only a grave infringement on the citizens' fundamental constitutional rights but it ultimately presents Zimbabwe as a volatile business envi...Published: 20 Feb 2019 at 17:27hrs | 3926 | by Frazer Muzondo
MDC resolves to dialogue with Mnangagwa
Opposition Movement for Democratic Change led by Advocate Nelson Chamisa met on Wednesday and resolved to engage in a dialogue with President Emmerson Mnangagwa towards resolving the economic crisis b...Published: 20 Feb 2019 at 16:37hrs | 12870 | by Mandla Ndlovu
Umuntu Movement Zimbabwe's donated parcel detained by Zimra
The Umuntu Movement Zimbabwe Trust a permaculture organization in Bulawayo received a donation of fruit tree seeds from a donor from Pakistan. The donor agenda was to empower the organization an...Published: 20 Feb 2019 at 15:52hrs | 489 | by Enos Denhere
Full RBZ Monetary Policy statement.
THE Reserve Bank of Zimbabwe (RBZ) has liberalised the US dollar exchange rate against real time gross settlement balances (RTGS), bond notes and all currencies in the multi-currency basket, as i...Published: 20 Feb 2019 at 14:48hrs | 5405 | by RBZ
Is Zimbabwe nostalgic for Robert Mugabe?
WHILE it's unlikely that many Zimbabweans yearn for former ruler Robert Mugabe's return, the occasion of his 95th birthday on Thursday has led some to see him in a softer light."Comrade Bob" w...Published: 20 Feb 2019 at 14:42hrs | 2474 | by AFP
Bulilima legislator thanks ZINWA surveyors for Mabhongane Dam visit
Bulilima West legislator, Dingumuzi Phuti, has yesterday, expressed his sincere gratitude to the Zimbabwe National Water Authorities (ZINWA) engineers who had visited his constituency on the 19t...Published: 20 Feb 2019 at 14:32hrs | 757 | by Titshabona Ncube
LIVE- All eye on Mangudya #MonetaryPolicyStatement speech
THE governor of the Reserve Bank of Zimbabwe (RBZ) Dr John Mangudya will today (Wednesday) at 14:30hrs release the long-awaited Monetary Policy Statement (MPS). The market is eagerly waiting t...Published: 20 Feb 2019 at 12:16hrs | 9747 | by Staff reporter
Mnangagwa gets fresh chance from EU
In a rare piece of good news for President Emmerson Mnangagwa and his under pressure administration, he has been given a stay of execution by the European Union (EU), whose Parliament had proposed tou...Published: 20 Feb 2019 at 12:07hrs | 2880 | by Staff reporter
Mnangagwa avails $30m for Matabeleland South roads
Government has availed $30 million for various roads in Matabeleland South province under the road development programme that will see maintenance of roads and undertaking of developmental projects in...Published: 20 Feb 2019 at 11:30hrs | 841 | by Staff reporter
How to Choose the Best Forex Broker for Beginners
The Forex market is one of the largest financial markets in the world. It offers 24 hours trading with a turnover of trillions of dollars a day. The currency market is filled with people with diverse ...Published: 20 Feb 2019 at 11:28hrs | 552 | by Staff Reporter
Mnangagwa launches India-Africa Incubation Centre
President Emmerson Mnangagwa has officially launched the India-Africa Incubation Centre which is meant for training women and youths and prepares them for employment creation and strengthening the SME...Published: 20 Feb 2019 at 11:09hrs | 814 | by Staff reporter
Mnangagwa, the Statesman versus Chamisa, the charlatan
"A Statesman thinks about future generations, while a politician thinks about winning the elections" so goes the popular saying. This adage rings true to the Zimbabwean scenario.When there was...Published: 20 Feb 2019 at 10:29hrs | 4332 | by Elijah Chihota
Both democracy and authoritarianism are on the rise in Africa
Is democracy in Africa in retreat? Or is it simply suffering "growing pains"? The last 12 months have seen a great deal of controversy and debate on these important questions.There have been s...Published: 20 Feb 2019 at 10:08hrs | 240 | by Nic Cheeseman
Zimbabwe junta escapes EU sanctions noose
PRESIDENT Emmerson Mnangagwa and his top lieutenants in the military have been left out of the European Union (EU)'s latest sanctions list despite widespread calls for their censure over the army's re...Published: 20 Feb 2019 at 10:02hrs | 566 | by Staff reporter
'Zanu PF legitimacy is NOT on dialogue agenda' - then dialogue is NOT worth the candle
"It is an obligation upon every political player in the country to recognise the pronouncement by the Constitutional Court. So the issue of the election of the President is not on the table and will n...Published: 20 Feb 2019 at 09:59hrs | 215 | by Nomusa Garikai
Tendai Biti speaks on today's monetary policy statement
Former Minister of finance Tendai Biti says today's Monetary Policy Statement should devalue the Bondnotes and strengthen the multi currency regime that was introduces in 2009.Reserve Bank of ...Published: 20 Feb 2019 at 08:58hrs | 10405 | by Mandla Ndlovu
Ingwebu Breweries caught in the eye of a storm
The Bulawayo Municipal Commercial Undertaking (BMCU)-run Ingwebu Breweries has been caught in a storm after failing to furnish its contractors who are running tenders of transporting the opaque beer w...Published: 20 Feb 2019 at 08:28hrs | 1679 | by Mandla Ndlovu
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