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Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 2 hrs ago | 502 | by Staff reporter
Mnangagwa likens himself to Margaret Thatcher
President Emmerson Mnangagwa has equated himself and his rise to power as equivalent to that of the late British Premier Margaret Thatcher who was popularly know as The Iron Lady. Writing...Published: 2 hrs ago | 1086 | by Mandla Ndlovu
The online casino boom in Africa
- The Facts and Figures - How is the market growing? - Phone Use Across Africa - Is this the new way to access online casino sites? - Legislation Across the Continent - Operato...Published: 3 hrs ago | 170 | by Staff Reporter
Industrial action against Mthuli Ncube looming
Air Zimbabwe has been allowed by the cabinet of President ED Mnangagwa to charge its clients (especially diasporas) in foreign currency. The confused minister in charge of Air Zimbabwe Joel Biggie Mat...Published: 6 hrs ago | 2465 | by Don Chigumba
Ncube needs consistency
Finance minister Mthuli Ncube will present his maiden National Budget next week Thursday against a background of huge economic challenges and public expectation that he is the man to help Zimbabwe out...Published: 6 hrs ago | 1342 | by Staff reporter
Mnangagwa's succession, Zanu-PF bigwigs brawl
Zanu-PF's notorious succession demons have resurfaced, with the party's senior officials locking horns over who should take over from President Emmerson Mnangagwa - a few months after the 76-year-old ...Published: 7 hrs ago | 3396 | by Staff reporter
Prophecy: Southern African leader to die
Renowned Bulawayo Pastor and leader of Divine Kingdom Ministries Ian Ndlovu has issued a chilling prophecy about the impending death of a Southern Africa leader who is regarded as a father figur...Published: 8 hrs ago | 5926 | by Mandla Ndlovu
Settling land compensation issue vital for Zimbabwe's economy
IN his inaugural address, the new President of Zimbabwe, Emmerson Mnangagwa, confirmed that land reform was both historically necessary and irreversible.He also made a commitment to compensate...Published: 12 hrs ago | 211 | by Ian Scoones
Mnangagwa's corruption laws must not just be paper tigers
WHILE we applaud President Emmerson Mnangagwa for gazetting regulations meant to deal with the scourge of corruption in the financial services sector, it is more important to ensure implementation of ...Published: 12 hrs ago | 180 | by Editorial - newsday
Chamisa's poorly scripted abduction antics are mischievous
A 36-second amateur video surfaced at the weekend, showing someone in a dominant red shirt stepping into the backseat of a Toyota Harrier with about six men on the side of the vehicle. The man in red ...Published: 12 hrs ago | 680 | by Staff reporter
A human life over debt arrears
ON Saturday, Chalton Hwende, deputy treasurer-general of the MDC Alliance confirmed an attempted abduction of the party's president, Nelson Chamisa after a 'thank you' rally for their supporters at Ru...Published: 12 hrs ago | 347 | by Pearl Matibe
Miners to retain 55% export earnings
THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners' retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently...Published: 12 hrs ago | 244 | by Staff reporter
Mthuli Ncube trims monthly fiscal budget deficit
TREASURY has scored excellent progress in trimming monthly fiscal budget deficit as part of Government's economic reform agenda with September 2018 deficit reduced to $19 million against a target of $...Published: 12 hrs ago | 550 | by Staff reporter
Mnangagwa's govt unveils parastatal reform strategy
Government has rolled out detailed plans for the restructuring of State-owned Enterprises (SOEs), with 41 entities lined-up for privatisation, departmentalisation and listing on the Zimbabwe Stock Exc...Published: 12 hrs ago | 397 | by Staff reporter
The tale of two societies
Legislation is being put in place as l write this to convict illegal money changers for up to 10 years in prison.One would thing our government has just woken up to discover there are now economy sabo...Published: 23 hrs ago | 1263 | by AT Kadada
Supply, price of commodities normalise
Interventions by the government to normalise the supply of goods especially fuel and basic commodities are bearing fruit as fuel queues have disappeared with supermarkets shelves filled to the brim an...Published: 24 hrs ago | 4990 | by Staff reporter
Bigwig arrests should be followed by convictions
While we all applaud the anti-corruption drive being spearheaded from President Emmerson Mnangagwa's office which has seen several ex-ministers arrested for abuse of office, we all wait for the first ...Published: 12 Nov 2018 at 17:39hrs | 949 | by Harry Peter Wilson
1 year after Mugabe fall, Zimbabwe asks 'What has changed?'
One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power.Tanks rolled in the streets of the capital, Harare, on November 14, 2017, and the military put Mugabe under hou...Published: 12 Nov 2018 at 14:25hrs | 1875 | by AP
MDC demos: Time youths refused to be used
The MDC Alliance (MDC A), leader, Nelson Chamisa was defeated by President Emmerson Mnangagwa during the 30 July both in the ballot booth and at the Constitutional Court on 24 August. Instead of grace...Published: 12 Nov 2018 at 14:12hrs | 2054 | by Nobleman Runyanga
Zimbabwe economic pain not being shared
Finance minister Mthuli Ncube's recent confirmation that government will soon buy vehicles for parliamentarians exposes government's insincerity in tackling its ballooning budget deficit.It al...Published: 12 Nov 2018 at 10:51hrs | 3337 | by Staff reporter
Bev, Zoey take fight to SA
Raunchy dancer Beverly Sibanda and her oft-competitor Zoey Sifelani have decided to take their stage "fight" to South Africa.Popularly known as Bev, Sibanda decamped to South Africa early this...Published: 12 Nov 2018 at 10:17hrs | 1368 | by Staff reporter
'Mthuli Ncube's 2c tax unsustainable'
Industry says the controversial Intermediary Money Transfer Tax should be amended in the upcoming 2019 National Budget to improve the ease of doing business in the country.The Confederation of...Published: 12 Nov 2018 at 10:14hrs | 2472 | by Staff reporter
Lonely country - Zimbabwe Vigil Diary
A new Zimbabwean investment drive has been taking place in the UK with a delegation led by Priscah Mupfumira, Minister of Environment, Tourism and Hospitality Industry. She offered a few hollow banali...Published: 12 Nov 2018 at 06:55hrs | 987 | by Zimbabwe Vigil Diary
Zimbabwe's economic recovery is possible but whilst the country remains a pariah state, it is IMPOSSIBLE!
"AfDB President, Akinwumi Adesina, told journalists in Johannesburg this week that while Zimbabwe is making progress, its economy and relations with lenders are still a way from being repaired," repor...Published: 12 Nov 2018 at 06:46hrs | 1073 | by Nomusa Garikai
Mthuli Ncube under fire
Finance minister Mthuli Ncube has come under heavy fire after signalling his intention to acquire vehicles for the country's lawmakers as well as paying the thirteenth cheque for government's 550 000 ...Published: 12 Nov 2018 at 05:57hrs | 5204 | by Staff reporter
30 Chinese investors Zimbabwe bound
A high powered delegation of over 30 Chinese investors from Anhui Province is expected in the country tomorrow to explore the vast investment opportunities available in the various sectors of the econ...Published: 12 Nov 2018 at 05:56hrs | 790 | by Staff reporter
Panic as Mnangagwa targets cash barons' bank accounts
BOGUS businesspersons operating briefcase companies that fed on government tender manipulation and kickbacks to amass wealth are reportedly in panic mode after the State said it would use the Zimbabwe...Published: 12 Nov 2018 at 05:48hrs | 8236 | by Staff reporter
Allocate reasonable budget to Parly, begs Mudenda
SPEAKER of the National Assembly Jacob Mudenda has called on the Finance ministry to allocate a reasonable budget to Parliament as well as prioritise the construction of the new Parliament building in...Published: 12 Nov 2018 at 05:39hrs | 96 | by Staff reporter
Money is the root of all evil
We all use money every day and yet few of us really understand what these bits of paper or cotton or simply figures in a ledger really mean. But we know the stuff is important.In economic term...Published: 12 Nov 2018 at 05:38hrs | 916 | by Eddie Cross
Mnangagwa urges NUST to expand
PRESIDENT Emmerson Mnangagwa has challenged institutions of higher learning to take advantage of Zimbabwe's abundant mineral resources such as the recently announced oil and gas deposits in Muzarabani...Published: 12 Nov 2018 at 05:34hrs | 503 | by Staff reporter
Inflation likely to stabilise, says Mangudya
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says inflation is likely to stabilise around 7% in the medium term.Giving his presentation during the pre-budget seminar in Bulawayo last ...Published: 12 Nov 2018 at 05:33hrs | 792 | by Staff reporter
Chamisa needs better advisers
I always say politics is not for short-term schemers and this is proving true indeed. At a time the majority of Zimbabweans are having their brains full to find ways on how the economy can be mended, ...Published: 12 Nov 2018 at 05:23hrs | 613 | by Ranson Madzamba
New law on illegal currency trading welcome
WE welcome President Emmerson Mnangagwa's decision to use temporary powers for a new law that will see illegal currency traders being sentenced to up to 10 years in jail, while ill-gotten wealth will ...Published: 12 Nov 2018 at 05:23hrs | 2072 | by Staff reporter
Chamisa says there is no agreement on national issues with Mnangagwa
MDC leader Nelson Chamisa believes that the country's economic situation will remain dire until a solution is found to the legitimacy question that he is currently pursuing. In this wide-rangi...Published: 11 Nov 2018 at 16:31hrs | 1415 | by Staff reporter
Let's unite, says Mnangagwa
President Emmerson Mnangagwa has implored the nation to unite and work as a collective to energise the economy so that the country achieves its upper middle income economy by 2030.The presiden...Published: 11 Nov 2018 at 16:28hrs | 490 | by Staff reporter
Mnangagwa pleads with banks over farmers
President Emmerson Mnangagwa has urged banks and the private sector to fully support farmers who are struggling because of the prevailing economic situation in the country.Responding to a plea...Published: 11 Nov 2018 at 16:26hrs | 485 | by Sytaff reporter
'You all miss Mugabe after your-PFee'
My People,I perfectly understand the fact that all of you are feeling guilty about your premature celebrations following the military ouster of Gushungo around this time last year.In f...Published: 11 Nov 2018 at 13:36hrs | 2952 | by Dr Stop It
Mnangagwa doing things differently from Mugabe
Much to the chagrin of the opposition dictatorship, Nkosana Moyo predicted, well before the elections, that a President Emmerson Mnangagwa would do things, (not necessarily well), but certainly differ...Published: 11 Nov 2018 at 12:55hrs | 3351 | by Zifiso Masiye
'Bond notes have been a success'
RESERVE Bank of Zimbabwe governor John Mangudya had a torrid time at the pre-budget seminar for legislators in Bulawayo last week when he was grilled over currency problems bedevilling the country....Published: 11 Nov 2018 at 12:26hrs | 1952 | by Staff reporter
All eyes on Mthuli Ncube
FINANCE and Economic Development minister Mthuli Ncube's maiden national budget should target the revival of the productive sectors of the economy to set the tone for revival, business has advised....Published: 11 Nov 2018 at 12:24hrs | 1220 | by Staff reporter
Questions Mthuli Ncube won't answer
With the economy in a tailspin, Finance minister Mthuli Ncube's role has become ever so important, but instead of being accessible, he has shied away from the media.In the past few weeks, his ...Published: 11 Nov 2018 at 12:10hrs | 1014 | by Staff reporter
Mthuli Ncube tax evokes memories of 2008 crisis in Zimbabwe
When Zimbabwean President Emmerson Mnangagwa appointed a comparatively youthful, Cambridge-trained economist as finance minister in September, he gave him an almost impossible task: repay billions of ...Published: 11 Nov 2018 at 10:25hrs | 1110 | by Bloomberg
Zanu-PF regalia a disgrace, party youths tell Matutu
Few weeks after President Emmerson Mnangagwa addressed a politburo meeting and ordered Zanu-PF bigwigs stationed at Shake-Shake building to always put on party regalia, national vice youth chairperson...Published: 11 Nov 2018 at 10:12hrs | 3116 | by Staff reporter
Bulawayo bans Harare companies from its tenders
THE Bulawayo City Council will consider awarding all tenders for the provision of goods and services to the local authority to companies operating within its jurisdiction as part of its efforts to ens...Published: 11 Nov 2018 at 09:29hrs | 1139 | by Staff reporter
Economic Dialogue: Building value chains, skills for Vision 2030
Zimbabwe aspires to be an upper middle-income economy with a per capita income of US$3 500 by 2030.This requires fundamental transformations and shifts in the economy. Our Transitional Stabili...Published: 11 Nov 2018 at 09:29hrs | 61 | by HE Emmerson D Mnangagwa
Emmerson Dambudzo Mnangagwa Law School set for Kwekwe
PRESIDENT Mnangagwa has said Zimbabwe is not only Open for Business but for dialogue too, as it forges ahead with engaging locals and foreigners in its quest to attain a middle class economy by 2030....Published: 11 Nov 2018 at 09:27hrs | 342 | by Staff reporter
SA scraps 54-year-old bilateral trade agreement with Zimbabwean
Fears of significant job losses in the textiles and clothing sector have arisen after Archer Clothing in Bulawayo laid off 200 workers following South Africa's decision to scrap a 54-year-old bilatera...Published: 11 Nov 2018 at 09:25hrs | 1751 | by Staff reporter
All hands on the deck
Any diligent and committed worker 'goes out of his way' to deliver or bring the best out of his/her performance, sometimes 'burning the candle through witching hours'. It is very unfortunate if one th...Published: 11 Nov 2018 at 09:19hrs | 55 | by Staff reporter
Time to value add, says Mnangagwa
President Emmerson Mnangagwa has proposed an indaba on how Zimbabwe should develop value chains for the country's mining and agriculture sectors with a view to advancing the twin objectives of moderni...Published: 11 Nov 2018 at 09:18hrs | 110 | by Staff reporter
Mnangaga ready to deal with Chamisa and his followers
Government has drawn a line in the sand following threats by the main MDC party to roll out a series of protests in order to get President Emmerson Mnangagwa's administration to end a full-blown econo...Published: 10 Nov 2018 at 16:49hrs | 15123 | by Staff reporter
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