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Zimbabwe excluded from list of IMF's world's poorest nations
Retired Major Dr Anywhere Mutambudzi, Chief Director of Strategic Communications in the Presidential Communications Office of the President and Cabinet in Zimbabwe sparked a social media controversy b...Published: 07 Sep 2023 at 06:34hrs | 1952 | by Staff reporter
Zimbabwe Communist Party elections observer report for 2023 elections
OBSERVATIONS ON THE 2023 GENERAL ELECTIONGeneralFirstly, as Communists, we do not confuse democracy with voting.The word ‘democracy' is derived from Greek and means ‘rule by the pe...Published: 04 Sep 2023 at 06:34hrs | 944 | by Central Committee of the Zimbabwe Communist Party
Zimbabwe to clear its foreign debt by the end of 2025
ZIMBABWEAN Finance Minister Mthuli Ncube says Harare will do all it can to clear its foreign debt by December 2025 to open fresh lines of credit that would help in revamping the floundering economy....Published: 07 Aug 2023 at 06:36hrs | | by Staff reporter
Zimbabwe election disinformation spreads on WhatsApp
From doctored photos making small crowds big to posts praising government accomplishments that never were, WhatsApp has become the channel of choice for disinformation in Zimbabwe before this month's ...Published: 06 Aug 2023 at 19:16hrs | 3 | by Staff reporter
Zanu-PF completes only 7% of 2018 promises - study
THE Zanu-PF-led government only managed to fulfil 16 of the 234 pledges in its 2018 election manifesto, which translates to just 7%, policy think-tank Sivio Institute has said.The figure indic...Published: 03 Aug 2023 at 06:47hrs | 5 | by Staff reporter
Zimbabwe's inflation drops to 101.3%
Zimbabwe's annual inflation eased to 101,3 percent in July from 175,8 percent in the prior month as the local unit continued to firm against the United States dollar and riding on tight fiscal and mon...Published: 26 Jul 2023 at 06:38hrs | 2 | by Staff reporter
Afro-jazz sensation Berita to perform at Zimfest Live
The Bulawayo-born 'queen of soul' will serenade crowds at this year's annual festival taking place at the weekendSouth Africa-based Zimbabwean musician Berita has joined a glowing lineup of ar...Published: 25 Jul 2023 at 09:55hrs | 41 | by Tidi Kwidini
Zimra surpasses revenue target
The Zimbabwe Revenue Authority (Zimra) collected $1,99 trillion in net revenue last year, 14 percent above the target of $1,60 trillion spurred by milestones registered in the agricultural sector....Published: 24 Jul 2023 at 06:46hrs | | by Staff reporter
UK: Zimfest Live reveal exciting 2023 line-up for Herts Showground
New and familiar names including Killer T, Tocky Vibes, Berita, Musa Keys and Sha Sha have been added to the line-up, as revealed in the latest stage announcement.Zimfest Live will return in J...Published: 17 Jul 2023 at 09:19hrs | 22 | by Tidi Kwidini
China intensifies lithium interest in Zimbabwe
CHINA has accounted for more than half of investment licences issued by Zimbabwean authorities during the first quarter of the year amid a boom in global demand for lithium as commercial and domestic ...Published: 09 Jul 2023 at 14:25hrs | | by Staff reporter
Zuma blasts IMF stance on Zimbabwe
Former South African President Cde Jacob Zuma yesterday took a swipe at the International Monetary Fund (IMF)'s 2001 stance to starve Zimbabwe of credit facilities, describing the move as unjust and u...Published: 08 Jul 2023 at 08:23hrs | 2 | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 2 | by Martin Majaji
Western backed Zambia wins debt relief
Zambia reached an agreement in principle to restructure US$6,3 billion of debt with bilateral lenders, setting a precedent for a growing list of countries struggling to service their liabilities....Published: 26 Jun 2023 at 06:45hrs | | by Staff reporter
'Full dollarisation suicidal for Zimbabwe'
THE Reserve Bank of Zimbabwe (RBZ) has warned against full dollarisation as the economy battles exchange rate volatility which has triggered astronomical price hikes.In 2008, the country ditch...Published: 20 Jun 2023 at 18:39hrs | 2 | by Staff reporter
Fuel smuggling hampers growth
FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge....Published: 20 Jun 2023 at 06:46hrs | | by Staff reporter
Zimbabwe: Chekhov's middle age monks
From a writer, critic, traveller, doctorI am reading selected letters of Anton Chekhov, the Russian writer, critic, traveller and medical doctor.The letters span a big chunk of his lif...Published: 17 Jun 2023 at 08:03hrs | 4 | by @Jamwanda2 On Saturday
Convergence of official and unofficial exchange rates possible, says IMF
THE International Monetary Fund has urged Zimbabwe to take further steps on currency reform after the southern African nation stopped short of free-floating its local dollar. The credibility a...Published: 14 Jun 2023 at 06:32hrs | | by Staff reporter
SA's troubles are mounting, IMF warns
The IMF has warned that SA faces "mounting economic and social challenges" as economic growth recedes, consumer and business sentiment remain weak, and energy and logistics crises deepen. It a...Published: 06 Jun 2023 at 18:11hrs | 2 | by Staff reporter
Economic sanctions continue to place Zimbabwe further into unsustainable debt
Finance minister Enoch Godongwana says the government supports Zimbabwe's implementation of key reforms to resolve its debt problems and end 21 years of sanction.If successful, such moves can ...Published: 26 May 2023 at 16:26hrs | | by Staff reporter
Zimbabwe commits to resolve debt, arrears
PRESIDENT Mnangagwa yesterday committed to resolve Zimbabwe's long overdue debt arrears, and re-engaging with development partners and creditors to reposition the economy for sustained growth anchored...Published: 25 May 2023 at 06:23hrs | | by Staff reporter
Zimbabwe is poor because of IMF
THE International Monetary Fund (IMF)'s programmes have come under fire from civil society, which claims they have lasting repercussions on public service delivery, development, and poverty.Th...Published: 21 May 2023 at 08:12hrs | | by Staff reporter
'Zimbabwe debt resolution will open funding floodgates'
THE successful conclusion of discussions on Zimbabwe's arrears clearance and debt resolution will lay a firm foundation for the lifting of economic sanctions and help to unlock fresh and affordable ex...Published: 21 May 2023 at 08:02hrs | | by Staff reporter
Zimbabwe govt to revise 2023 GDP growth upwards
FINANCE minister Mthuli Ncube yesterday said Zimbabwe's gross domestic product (GDP) growth prediction of 3,8% was understated because of improved agricultural performance.The government expec...Published: 27 Apr 2023 at 06:30hrs | | by Staff reporter
Zimbabwe mulls joining Russia, China under BRICS
Zimbabwe says it is considering joining BRICS, a move authorities hope would allow the economically distressed country to forge alliances and open more trade corridors with a global bloc comprising Ru...Published: 14 Apr 2023 at 07:50hrs | 2 | by Staff reporter
Zimbabwe to hold 'deeper' talks with rich nations over debt
Zimbabwe will hold talks with the US, UK and the European Union to end an impasse over $14 billion owed to external creditors as it seeks to shore up funding for development programs.The south...Published: 14 Apr 2023 at 07:45hrs | | by Staff reporter
The Coming BRICS Summit: The ending of US worldwide domination
The Coming BRICS Summit: The ending of US worldwide dominationAn African PerspectivePart 1South Africa will host the 15th BRICS Summit from 22nd-24th August 2023, with the theme;...Published: 13 Apr 2023 at 18:50hrs | | by Ian Beddowes
AfDB facilitates 3rd Structured Dialogue Platform meeting in Harare on Zimbabwe Arrears Clearance and Debt Resolution process
HARARE - Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeti...Published: 04 Apr 2023 at 18:18hrs | 2 | by APO
Valee Music courts DJ Tira
UNITED KINGDOM (UK)-BASED Zimbabwean Afro-pop songbird Valee Music has roped in the services of South African DJ, record producer and kwaito artiste DJ Tira on Ng'cabanga Ngawe (Thinking about You), h...Published: 31 Mar 2023 at 07:46hrs | 1 | by Staff reporter
ABSA, Standard Bank agree US$193m funding deal to build new Zimbabwe hospitals
Zimbabwe is to raise US$193 million in offshore lending to implement a 2019 agreement with UK infrastructure company NMS for the construction of hospitals and clinics in the country.ABSA and S...Published: 29 Mar 2023 at 20:43hrs | 3 | by Staff reporter
Africa: Embattling a Continent
When the IMF goes to warSo the International Monetary Fund (IMF) staff has decided to grant Ukraine some whooping USD15,6 billion?Ukraine is at war with Russia.A war funded and...Published: 25 Mar 2023 at 12:59hrs | 1 | by Jamwanda2 on Saturday
Worldremit Partners Zimachievers as Nominees Announced
Global remittance giant WorldRemit has been confirmed as Plantimun partner for the forthcoming Zimbabwe Achievers Awards UK Edition set for 22 April in London. The renewal of pleasantries betw...Published: 20 Mar 2023 at 20:18hrs | 2 | by Agencies
US tightens screws on Zimbabwe
A representative of the United States government has indicated that President Emmerson Mnangagwa's administration should satisfy sanctions conditions in full for Washington to approve its arrears clea...Published: 04 Mar 2023 at 10:22hrs | | by Staff reporter
When all friendship ceases!
Von Hornick's nine principles on National EconomyIn 1684, an Austrian lawyer-turned-civil servant, Philipp Wilhelm von Hornick, published nine principal rules of a National Economy.The...Published: 04 Mar 2023 at 07:57hrs | | by Jamwanda
Do not blame Mugabe or Mnangagwa: blame Zanu-PF
Zimbabwe has been in reverse gear since the early eighties. The late Robert Mugabe inherited a sound economy with sound infrastructure and amenities. He wasted no time exhausting the state resources a...Published: 25 Feb 2023 at 17:44hrs | 3 | by Zenzo Siziba
Cde Chiukira drops Mnangagwa's name to swindle Zimfep schools
Open letterTo whom it may concern Challenges faced by Zimfep Schools because of Gideon Chiukira (Director of Coordination)Zimfep stands for Zimbabwe Foundation for Education with Produ...Published: 24 Feb 2023 at 09:32hrs | 8 | by Concerned parents
White skin, black masks!
Two developments caught my attention this week. One is a Brenthurst Foundation scholarship invitation to young Africans intent on pursuing postgraduate studies.Brenthurst Foundation is owned a...Published: 19 Feb 2023 at 18:08hrs | 2 | by Jamwanda
Zimbabwe launches US$10 million gold facility
Prospects for increased gold production received a boost yesterday when Finance and Economic Development Minister, Professor Mthuli Ncube launched a US$10 million gold fund targeting small-scale and a...Published: 16 Feb 2023 at 04:50hrs | | by Staff reporter
Mbudzi US$88m controversy: Mthuli Ncube told to explain
PARLIAMENT'S Public Accounts Committee chairperson Brian Dube says Finance and Economic Development minister Mthuli Ncube should explain the decision to borrow US$88 million to fund the construction o...Published: 12 Feb 2023 at 11:18hrs | 1 | by Staff reporter
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | 1 | by Staff reporter
Iran exposes Zimbabwe's lies about sanctions crippling economy
As a Zimbabwe delegation, led by foreign affairs minister Fredrick Shava, visits Iran, and is showcased the repressive regime’s phenomenal economic and scientific breakthroughs - amidst enduring arg...Published: 08 Feb 2023 at 21:09hrs | 2 | by Tendai Ruben Mbofana
Mnangagwa's govt claims to have delivered 600 000 jobs
NEARLY 600 000 new formal jobs have been created in various sectors from 2018 to date, an indication that the formal economy is growing in tandem with increased economic activity, latest figures from ...Published: 15 Jan 2023 at 09:39hrs | 1 | by Staff reporter
Sanctions choking Zimbabwe: Myth or reality?
"African politics is dogged by crises of legitimacy, monetised politics and corruption, personalised leadership, and lastly the sit-tight syndrome" notes the African Exponent. During an electoral seas...Published: 14 Jan 2023 at 16:33hrs | 2 | by Zvikomborero Sibanda
This & that with Mal'phosa: What a disaster
Do rich people always have to brag every chance they get? For instance, he owns a construction company and bullies everyone to agree that he works hard. We know who works hard, and for peanuts. It's a...Published: 08 Jan 2023 at 19:37hrs | | by Clerk Ndlovu
Zimbabwe ranked one of the most 12 advanced countries in Africa
ZIMBABWE has been ranked one of the 12 most advanced countries in Africa on 11th position, due to its gross income from the informal sector which sustains the country's economy.In a recen...Published: 28 Dec 2022 at 20:59hrs | 1 | by Staff reporter
'Nyika inovakwa nevene vayo' insist Mnangagwa - Reality, Zimbabwe is a failed state in ruins, mocks him
On Monday, 12 December 2022, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) designated four Zimbabwean individuals and two Zimbabwean entities and removed seventeen Zimb...Published: 16 Dec 2022 at 08:03hrs | | by Nomusa Garikai
Zimbabwe paying price for shoddy energy deals
ZIMBABWE is paying the price for failure to tap into renewable energy, as climate change is hindering power generation at Kariba Power Station - the country's largest electricity generating plant - wh...Published: 04 Dec 2022 at 14:06hrs | 1 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | 5 | by Respect Gwenzi
Teachers 4ED take over teachers recruitment
The recently launched Zanu-PF aligned teacher union called Teachers for Economic Development or Teachers4ED seems to have taken over recruitment and deployment of teachers as Zanu-PF is soliciting for...Published: 14 Nov 2022 at 05:18hrs | 4 | by Staff reporter
Mnangagwa's govt draws down US$311m from IMF kitty
ZIMBABWE has drawn down US$311 million from the US$958 million it was allocated under extra Special Drawing Rights by the International Monetary Fund in August last year, an automatic allocation along...Published: 14 Nov 2022 at 05:09hrs | | by Staff reporter
Auxillia Mnangagwa should tell her husband that sanctions can't cripple a country's economy!
As Zimbabwe First Lady Auxillia Mnangagwa visits Iran, and is showcased the Islamic Republic’s phenomenal economic and scientific breakthroughs - amidst...Published: 07 Nov 2022 at 07:34hrs | 1 | by Tendai Ruben Mbofana
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