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'Mthuli Ncube a complete failure'
KAMBUZUMA legislator Willias Madzimure (MDC Alliance) on Thursday described Finance minister Mthuli Ncube as a complete failure, claiming Members of Parliament have managed to "put him where he belong...Published: 47 mins ago | 74 | by Staff reporter
Trevor Ncube speaks on criminals around Mnangagwa
Member of President Emmerson Mnangagwa's Presidential Advisory Council Trevor Ncube has suggested that the criminals around President Mnangagwa are the ones who were involved in the increase black mar...Published: 8 hrs ago | 6873 | by Mandla Ndlovu
Zimbabwe exchange rate Armageddon near
THE Monetary Policy Statement (MPS) released last Friday supplied data which when analysed show that unless drastic measures are taken, our local currency will take a heavy battering in the coming wee...Published: 10 hrs ago | 3161 | by Brett Chulu
Mthuli Ncube should learn a lesson
EVEN though High Court judge Justice Happius Zhou's ruling this week that the 2% intermediated transaction tax imposed by Finance minister Mthuli Ncube under a statutory instrument (SI) last year was ...Published: 10 hrs ago | 2337 | by Editorial - The Independent
Masiyiwa-Chamisa fired
ZINARA has fired its suspended chief executive officer Engineer Nancy Masiyiwa-Chamisa and finance director Mr Simon Taranhike for gross incompetence and abuse of office, our Harare Bureau can reveal....Published: 10 hrs ago | 451 | by Staff reporter
Mnangagwa ally's company bank accounts frozen by RBZ
THE Reserve Bank of Zimbabwe (RBZ) Friday issued a directive calling on local banks to freeze all accounts belonging to top ally to the President, Kudakwashe Tagwirei's Sakunda Holdings to allow "anal...Published: 22 hrs ago | 4975 | by newzimbabwe
ZIMRA CORRECTION: 'Tax-free threshold now $3500'
AS A MATTER OF FACT: CORRECTION OF POSSIBLE MISINTERPRETATION THAT MAY ARISE FROM THE ARTICLE PUBLISHED BY THE HERALD IN THE 20 SEPTEMBER 2019 ISSUE ON PAGE ONE TITLED...Published: 20 Sep 2019 at 14:55hrs | 4080 | by Zimra
MDC vow anti-Mnangagwa demos at UN GA - why bother, all know you are ones keeping him in power
Next week world leaders will be in New York, USA, for the annual UN General Assembly talk-shop. Yes, Zimbabwe's leader Emerson Dambudzo Mnangagwa will be there with the usual large entourage of hanger...Published: 20 Sep 2019 at 09:50hrs | 2453 | by Tinashe Eric Muzamhindo
Minister in plot to scuttle NRZ deal
TRANSPORT minister Biggie Matiza is reportedly manoeuvring to smuggle through the backdoor a Dubai-based firm into the US$400 million National Railways of Zimbabwe (NRZ) recapitalisation deal, despite...Published: 20 Sep 2019 at 08:22hrs | 759 | by Staff reporter
Black market running amok
Claims by under-pressure Finance minister Mthuli Ncube that his much-criticised policies will start bearing fruit towards the end of the year look increasingly nonsensical, as the wobbly Zimbabwe doll...Published: 20 Sep 2019 at 08:21hrs | 2379 | by Staff reporter
Tax free threshold increased
GOVERNMENT has extended a huge lifeline to employees after increasing the tax-free threshold to $3 500 with effect from August 1, 2019, in order to improve disposable incomes in the face of price incr...Published: 20 Sep 2019 at 07:43hrs | 1116 | by Staff reporter
Zanu-PF conference preps hot up
Zanu-PF has set up sub-committees for preparations for the 18th National Annual Conference slated for Goromonzi High School in December. This was said by Zanu-PF secretary for Information and ...Published: 20 Sep 2019 at 07:40hrs | 117 | by Staff reporter
Harare gets financial lifeline, what about Bulawayo Prpf Mthuli Ncube
The Zimbabwe government on Thursday released 37.4 million Zimbabwe dollars (about 3.1 million U.S. dollars) to the City of Harare as a short-term intervention to help it improve service delivery whils...Published: 19 Sep 2019 at 18:05hrs | 2531 | by Staff reporter
Of illegal sanctions and global politics
Sanctions generally entail restrictions on international trade and finance that one country imposes on another for political reasons.Economic sanctions include the withdrawal of customary trad...Published: 19 Sep 2019 at 14:41hrs | 428 | by Peacemaker Zano
When a government starts abducting its own doctors…
While the President of the Republic is busy trying to be endorsed by a dead man called Robert Mugabe, all the country's referral hospitals are without doctors, after the Doctors Association called for...Published: 19 Sep 2019 at 09:15hrs | 4378 | by Knowledge Hakata
'Zimra still charging duty on sanitary wear'
MDC legislator Priscilla Misihairabwi-Mushonga last week revealed that individuals and institutions that were trying to bring in sanitary towels and cups for donation to underprivileged girls were fai...Published: 19 Sep 2019 at 08:09hrs | 782 | by Staff reporter
174 subscribe to credit registry system
THE credit registry system posted an increase in subscriber numbers to 174 subscribers in the period ended June 30, 2019 from 162 subscribers recorded in September, 2018, the central bank has revealed...Published: 19 Sep 2019 at 08:06hrs | 438 | by Staff reporter
Residents registers concern over Bulawayo budget consultations
THE Bulawayo Progressive Residents Association (BPRA) on Tuesday met council management to register its concern over the handling of budget consultations by the local authority.The meeting cam...Published: 19 Sep 2019 at 07:55hrs | 284 | by Staff reporter
Mthuli Ncube's 2% tax to stay despite High Court ruling
High Court Judge Justice Happias Zhou yesterday scrapped Statutory Instrument (SI) 205 of 2018, which enabled Government to levy 2 percent tax on electronic money transactions above $10. The t...Published: 19 Sep 2019 at 07:51hrs | 1474 | by Staff reporter
'2% tax collection not affected'
The Finance and Economic Development Ministry has issued a statement stating that the High Court judgment suspending the two percent tax on electronic transactions will not affect the collection and l...Published: 18 Sep 2019 at 19:42hrs | 3593 | by Staff reporter
Mthuli Ncube a disappointed man
If the minister of finance was serious about his 2 percent transaction tax (si205), he was supposed to have approached the Parliament, to gazette a bill in respect of that.We can not hav...Published: 18 Sep 2019 at 16:34hrs | 4182 | by Nothisa Dube
Mugabe The Legacy
Born 21 February 1924 in Kutama Zvimba to Bona a catechist and Gabriel a carpenter no one would have thought that such a humble family would raise up an astute Pan-Africanist, Robert Gabriel Mugabe....Published: 18 Sep 2019 at 16:33hrs | 1022 | by Daniel Itai
Chombo denied his passport again
Former Finance minister Ignatius Chombo's bid for the temporary release for his passport has hit a brick wall once again after a Harare magistrate dismissed his application.Chombo made an appl...Published: 18 Sep 2019 at 14:28hrs | 1343 | by Staff reporter
High Court outlaws Mnangagwa government's illegal tax
In a landmark case argued by MDC Vice President Hon. Tendai Biti, the High Court today outlawed government's two per cent tax on despondent Zimbabweans in a move that vindicated the MDC position that ...Published: 18 Sep 2019 at 12:35hrs | 2802 | by Luke Tamborinyoka
Mthuli Ncube a failure, says Coltart
MDC Alliance treasure general and former education Minister has laid into Finance minister Mthuli Ncube describing him as an academic minister with no political constituency and pandering to the whims...Published: 18 Sep 2019 at 10:45hrs | 3053 | by Staff Reporter
Chamisa $720k richer as Mnangagwa's treasury releases $3.4 million to MDC
TREASURY has released $3,4 million to the opposition MDC under the Political Parties Finance Act.The money was released two weeks ago following months of bickering, with the opposition party a...Published: 18 Sep 2019 at 08:37hrs | 10941 | by Staff reporter
Messenger of Court suspended
THE Justice ministry has suspended Chivi Messenger of Court Albert Meke Chamwadoro, who is facing allegations of fraud after minister Ziyambi Ziyambi roped in the Zimbabwe Anti-Corruption Commission (...Published: 18 Sep 2019 at 08:21hrs | 1086 | by Staff reporter
Mnangagwa to deliver SONA
President Mnangagwa will deliver the State of the Nation Address on October 1, the same day he will officially open the Second Session of the Ninth Parliament, Clerk of Parliament Mr Kennedy Chokuda h...Published: 18 Sep 2019 at 07:56hrs | 1439 | by Staff reporter
Zimbabwe, Belarus sign US$350m deals
Zimbabwe and Belarus last night signed deals worth US$350 million as the two countries step up efforts to enhance economic cooperation. President Mnangagwa witnessed the signing ceremony held ...Published: 18 Sep 2019 at 07:51hrs | 92 | by Staff reporter
Gweru to lease mayoral mansion
ABOUT three companies have expressed interest in renting Gweru City Council's mayoral mansion, which had become a white elephant, town clerk Ms Elizabeth Gwatipedza has said. In an interview y...Published: 18 Sep 2019 at 07:50hrs | 98 | by Staff reporter
Chamisa linked councillors snub Bulawayo budget meeting over Kambarami issue
BULAWAYO councillors yesterday snubbed the 2019 second supplementary budget meeting as well as the 2020 budget announcement which the finance department was scheduled to present to council. The counci...Published: 17 Sep 2019 at 11:06hrs | 1918 | by Staff reporter
Tendai Biti led team queries 'rogue' RBZ payments
Parliament yesterday slammed the Reserve Bank of Zimbabwe (RBZ) for carrying out quasi fiscal activities outside its mandate and using taxpayers and pensioners' money to fund government activities....Published: 17 Sep 2019 at 11:01hrs | 1056 | by Staff reporter
BREAKING: ZBC CEO granted bail
Harare magistrate Vongai Muchuchuti-Guwuriro has granted bail to former ZBC Chief executive officer Patrick Mavhura and former director finance Benania Shumba who are jointly charged for fraud....Published: 17 Sep 2019 at 10:31hrs | 1670 | by Mandla Ndlovu
Treasury instructed RBZ to pay US$660m to Sakunda
The Reserve Bank of Zimbabwe (RBZ) yesterday told parliament that it paid US$663,8 million worth of treasury bills (TBs) to Sakunda Holdings (Sakunda) owned by fuel mogul Kuda Tagwirei under instructi...Published: 17 Sep 2019 at 08:35hrs | 1453 | by Staff reporter
ZBC bosses bail ruling today
HARARE magistrate Vongai Muchuchuti-Guwuriro yesterday said she would today make her bail ruling on two Zimbabwe Broadcasting Corporation bosses, Patrick Mavhura and Benania Shumba, who stand accused ...Published: 17 Sep 2019 at 08:35hrs | 360 | by Staff reporter
18 more counts for ex-ZBC bosses
FORMER Zimbabwe Broadcasting Corporation (ZBC) chief executive Patrick Mavhura and ex-head finance, administration and human resources manager Benenia Shumba are likely to be charged with 18 more case...Published: 17 Sep 2019 at 08:27hrs | 296 | by Staff reporter
Zimbabwe inflation 'slows' again
The month-on-month inflation rate for August 2019 slowed to 18,07 percent after shedding 2,97 percentage points on July's 21,04 percent. According to the Zimbabwe National Statistics Agency, (...Published: 17 Sep 2019 at 08:24hrs | 353 | by Staff reporter
Mnangagwa, Belarus envoy hold crucial talks
President Mnangagwa and Belarusian Chief of Presidential Affairs General Colonel Victor Sheiman yesterday held crucial talks to assess progress on investment opportunities which are set to transform Z...Published: 17 Sep 2019 at 08:24hrs | 188 | by Staff reporter
Chiwenga to kick out Mnangagwa?
Recuperating Vice President, Rtd General Constantino Chiwenga, is reportedly going to use the country's dreaded Joint Operations Command (JOC), to forcefully kick out President Emmerson Mnangagwa from...Published: 17 Sep 2019 at 01:16hrs | 25372 | by Mary-Kate Kahari/Malvin Motsi
Is your business' cyber security up to code?
Many companies are relying on technology to support their operations. After all, there are various solutions to improve business communications, financial transactions, internal collaborations, and pr...Published: 16 Sep 2019 at 19:24hrs | 311 | by Staff Writer
Mangudya summoned over Command Agric
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has been summoned to appear before the Parliament's Accounts Committee (Pac) to answer allegations that US$3 billion vanished under the controvers...Published: 16 Sep 2019 at 07:07hrs | 2657 | by Staff reporter
New fuel price increase announced
The Zimbabwe Energy Regulatory announced the new fuel price beginning the b16th of September 2019. The new price will see diesel selling for $10.89 and blend for $10.41. Zimbabwe has b...Published: 16 Sep 2019 at 07:03hrs | 7959 | by Mandla Ndlovu
Mnangagwa to open 2nd Parly session
President Mnangagwa will officially open the Second Session of the Ninth Parliament on October 1 and layout the legislative agenda. The opening of the Second Session marks the end of the First...Published: 16 Sep 2019 at 06:38hrs | 164 | by Staff reporter
Mnangagwa offers no apology for the coup on Mugabe
Robert Mugabe died a "sad man", his nephew told a state funeral service attended by two dozen current and retired foreign leaders in Harare on Saturday.Walter Chidakwa fought back tears as he ...Published: 15 Sep 2019 at 08:02hrs | 8927 | by ZimLive
Inside the fight over Robert Mugabe's body
Former president Robert Mugabe's family was told that they risked losing his Harare mansion and other Harare properties if they did not accede to government's demands that the long-time ruler should b...Published: 15 Sep 2019 at 07:59hrs | 2145 | by Staff reporter
ZB Bank introduces WhatsApp banking
ZB Financial Holdings has signed a money transfer agreement with one of the largest international money transfer companies, Ria Money Transfer of the United States as part of its efforts to enable dia...Published: 15 Sep 2019 at 07:49hrs | 601 | by Staff reporter
Zimbabwe nears SA industry loans deal
Zimbabwe is closer to sealing over half a billion US dollar syndicated loan package with South African banks to support the private sector, amid revelations Treasury is now finalising the insurance gu...Published: 15 Sep 2019 at 07:40hrs | 360 | by Staff reporter
Mthuli Ncube, Mangudya in court over govt loans
HARARE North legislator Allan Norman Markham (MDC Alliance) has approached the High Court seeking an order to nullify a loan agreement entered between the Finance ministry and the Reserve Bank of Zimb...Published: 14 Sep 2019 at 13:04hrs | 3746 | by Staff reporter
Zimbabwe to build mausoleum to honour dictator Mugabe - even in death his selfish greed is insatiable
President Emmerson Mnangagwa says the Zimbabwean government is building a mausoleum at the National Heroes Acre as a way of paying homage and honour to the country's late founding father Robert Mugabe...Published: 14 Sep 2019 at 12:49hrs | 916 | by Wilbert Mukori
Zimbabwe's MPC, RBZ boards face a daunting task
The new Monetary Policy Committee (MPC) and Reserve Bank of Zimbabwe (RBZ) boards face a daunting task in dealing with the country's monetary problems and bring the much-needed stability and confidenc...Published: 13 Sep 2019 at 14:02hrs | 698 | by Staff reporter
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