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Mthuli Ncube announces further measures to contain runaway inflation
FINANCE Minister Mthuli Ncube has announced a new series of measures to stabilise the economy amid hyperinflation fears.This comes barely two weeks after the Treasury boss scrapped duty on all...Published: 21 hrs ago | 1116 | by Staff reporter
Zimbabwe toothpaste maker faces closure
The country's only toothpaste maker - Merken- is in danger of going out of business following the government's decision to allow the unfettered entry of the products it manufactures into the country, ...Published: 28 May 2023 at 08:07hrs | 267 | by Staff reporter
Forex speculators to face disciplinary action
THE market should expect significant restoration of stability in the pricing of basic goods in response to comprehensive Government measures while disciplinary action will be swiftly meted against bus...Published: 23 May 2023 at 06:34hrs | 416 | by Staff reporter
Mozambique to adopt Pfumvudza model
Mozambique intends to adopt Zimbabwe's successful Pfumvudza farming model to improve crop output at household level in that country, Mozambican President Filipe Nyusi has said.The model is cli...Published: 23 May 2023 at 06:34hrs | 177 | by Staff reporter
Zimbabwe foundries require US$50m for retooling
The Zimbabwe Institute of Foundries (ZIF) says the sector requires about US$50 million for retooling of the existing foundries dotted around the country.Foundries are facilities that produce m...Published: 21 May 2023 at 08:11hrs | 94 | by Staff reporter
Zimgold unfazed by SA imports
ONE of Zimbabwe's leading cooking oil producers, Zimgold Oil Industries said this week it was not worried about prospects of stiffer competition after government's decision to lift restrictions on the...Published: 19 May 2023 at 20:42hrs | 281 | by Staff reporter
Zimbabwe industry frets over suspension of import duty
CAPTAINS of industry in Zimbabwe are sweating over the recent suspension of import duty and import value-added tax (VAT) on 10 basic groceries saying this was tantamount to exporting jobs and killing ...Published: 15 May 2023 at 19:01hrs | 366 | by Staff reporter
Mthuli Ncube scrambles to rescue Zimdollar
FINANCE minister Mthuli Ncube has removed duty on all basic commodities to combat the rampant price increases in a slew of desperate measures to save the collapsing Zimbabwe dollar.Over the pa...Published: 12 May 2023 at 06:06hrs | 1009 | by Staff reporter
Hwange unit 7 removed from the grid
THE recent higher levels of load-shedding is temporary while the new 300MW Hwange Thermal Power Station's Unit 7 goes through evaluation after the Unit successfully completed its reliability run....Published: 12 May 2023 at 06:00hrs | 272 | by Staff reporter
13 distressed Zimbabwe firms rescued
Testifying to its commitment to tangible deliverables aimed at transforming the livelihoods of the people, the Second Republic, under the stewardship of President Mnangagwa, has resuscitated 13 previo...Published: 11 May 2023 at 05:30hrs | 343 | by Staff reporter
SADC loses iconic conservationist as WhatsApp gives hunting communities 'permanent' voice in the media
The director of Zimbabwe CAMPFIRE Association, Mr Charles Jonga's death on 6 May 2023, signaled SADC's loss of an important wildlife conservation voice in the media.In an interview this week f...Published: 08 May 2023 at 15:51hrs | 764 | by Emmanuel Koro
EU, UK, US presence at ZITF excites Mnangagwa
PRESIDENT Emmerson Mnangagwa on Friday said the participation of European nations, the United States of America and the United Kingdom at this year's Zimbabwe International Trade Fair (ZITF) is an ind...Published: 30 Apr 2023 at 09:00hrs | 347 | by Staff reporter
Curtain comes down on eventful ZITF
THE Zimbabwe International Trade Fair (ZITF) is an annual event that brings together business leaders, innovators, policymakers, and investors from across the globe together.This year's trade ...Published: 30 Apr 2023 at 08:57hrs | 99 | by Staff reporter
Chiwenga, Mnangagwa entangled in massive chrome scandal
COMPANIES linked to President Emmerson Mnangagwa and Vice-President Constantino Chiwenga received US$3 million from South African chrome miner Zunaid Moti following a US$120 million deal signed betwee...Published: 28 Apr 2023 at 20:19hrs | 1185 | by Staff reporter
Hwange Unit 7 clocks full load of 300MW
THE power utility, Zesa Holdings, has announced a reduction in load shedding in response to the rising domestic power generation capacity, which has seen the country surpassing 1 000MW total output fr...Published: 26 Apr 2023 at 06:20hrs | 136 | by Staff reporter
Mnangagwa makes Dr Masuka a non-constituency MP
PRESIDENT Mnangagwa has revealed that he has exempted Lands, Agriculture, Fisheries, Water and Rural Resettlement Minister, Dr Anxious Masuka from distractions of constituency politics to solely focus...Published: 17 Apr 2023 at 06:18hrs | 1209 | by Staff reporter
'I'm working for investor-friendly environment" insist Mnangagwa. Watch again Al Jazeera Gold Mafia. I rest my case!
The spirit is willing, but the intellect is weak! "Zimbabwe is open for business!" is the most enduring thing President Emmerson Mnangagwa has ever said since taking over from the late Robert ...Published: 16 Apr 2023 at 18:43hrs | 895 | by Wilbert Mukori
Mnangagwa commits to create investor-friendly climate
PRESIDENT Emmerson Mnangagwa yesterday said his government was working hard towards creating a conducive economic environment for foreign direct investment."My government is continually workin...Published: 14 Apr 2023 at 07:35hrs | 106 | by Staff reporter
Zimra commits US$2,4 million to anti-smuggling equipment
THE Zimbabwe Revenue Authority (Zimra) has committed a total of US$2,4 million on the acquisition of hit-tech equipment to enhance security at the country's ports of entry to curb crimes such as smugg...Published: 14 Apr 2023 at 07:33hrs | 109 | by Staff reporter
Beitbridge quarantine centre opens
The Beitbridge Border Post plant and animal quarantine centre is now operational. The facility is part of the US$300 million Beitbridge Border Post modernisation project, which is being undertaken by ...Published: 14 Apr 2023 at 00:01hrs | 1888 | by Staff Reporter
Zimbabwe plans to exponentially increase rice production
ZIMBABWE plans to exponentially increase rice production through the assistance of Japan, which has undertaken to facilitate the adoption of hybrid varieties that increase yields.Japan Interna...Published: 09 Apr 2023 at 12:10hrs | 452 | by Staff reporter
What draws the gold mafia to Dubai?
An Al Jazeera investigation shows how criminals use the city's pro-business policies to smuggle gold, clean dirty cash.https://www.youtube.com/watch?v=...Published: 06 Apr 2023 at 20:23hrs | 1586 | by Al Jazeera Investigative Unit
Hwange Thermal Power generation shoots up
POWER generation is on a steady increase with output reaching 1 071 megawatts yesterday with the upgraded Hwange Thermal Power Station contributing the bulk of it, a development expected to ease power...Published: 04 Apr 2023 at 06:23hrs | 260 | by Staff reporter
Zimbabwe gold smugglers use South African banks, bribes to launder money
Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has fou...Published: 01 Apr 2023 at 17:56hrs | 1397 | by Staff reporter
Zimbabwe imports most electricity from South Africa, Zambia
Zimbabwe, facing perennial power shortages, received the bulk of its electricity imports from South Africa and Zambia in the fourth quarter of last year, the Zimbabwe National Statistics Agency (ZIMST...Published: 01 Apr 2023 at 07:37hrs | 270 | by Staff reporter
Anything called the Zimbabwean GEIST?
Zimbabwe's GEIST?NATIONS have what Antonio Gramsci terms "particularity of their mind", GEIST in German language, or ESPRIT in French.Here in Africa, thinkers called the same variously...Published: 01 Apr 2023 at 07:32hrs | 89 | by @Jamwanda2
Another Gold Mafia exposé airs
PRESIDENT Emmerson Mnangagwa's ambassador-at-large, Uebert Madzanire, alias Uebert Angel has told his followers to attack individuals who accuse him of gold smuggling and money laundering, following a...Published: 31 Mar 2023 at 07:49hrs | 1610 | by Staff reporter
Who are Zimbabwe's Gold Mafia?
They operate from the shadows. Al Jazeera's latest investigation, The Gold Mafia, brings their crimes out into the open. Last week, Part 1 of ‘Who are the Gold Mafia?‘ dove into the lives of some ...Published: 31 Mar 2023 at 07:40hrs | 542 | by Staff reporter
Chamisa's MP wants govt to probe RBZ
AN OPPOSITION legislator yesterday called on Parliament to direct government to investigate Fidelity Printers and Refineries and the Reserve Bank of Zimbabwe (RBZ) after they were cited for facilitati...Published: 30 Mar 2023 at 06:38hrs | 519 | by Staff reporter
Mangwana under fire
INFORMATION and Broadcasting Services secretary Ndavaningi ‘Nick' Mangwana has attracted brickbats after indirectly defending alleged gold smuggling exposed in Al Jeezera's documentary Gold Mafia: T...Published: 28 Mar 2023 at 06:49hrs | 1325 | by Staff reporter
Zesa mulls US$4bn gas-fired plant
ZIMBABWE'S power utility Zesa Holdings Ltd says it plans to build a gas-fired power station as it prepares for a potential find by Australia Stock Exchange-listed resources junior Invictus Energy, whi...Published: 24 Mar 2023 at 06:29hrs | 790 | by Staff reporter
Zimbabwe power generation improves
POWER generation improved remarkably yesterday with 810 megawatts being fed to the national grid largely owing to Hwange Thermal Power Station which injected 442 megawatt, a sharp improvement from an ...Published: 24 Mar 2023 at 06:22hrs | 261 | by Staff reporter
Mnangagwa preside over Zimbabwe implosion
WHILE President Emmerson Mnangagwa claimed that the majority of his ministers were doing well - with three outstanding and two being a dismal failure - the reality on the ground is different: Zimbabwe...Published: 20 Mar 2023 at 15:05hrs | 789 | by Staff reporter
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 179 | by Staff reporter
Hwange Units 7, 8 ready to fire
THE Zimbabwe Electricity Supply Authority is satisfied with test results from Hwange Thermal Power Station's new Units 7 and 8 since December, and will make further pronouncements on their status in t...Published: 17 Mar 2023 at 07:27hrs | 363 | by Staff reporter
Imports only occupy 20% shelf space in Zimbabwe?
IMPORTED products have been reduced to 20% on local retail shelves after the government introduced the import substitution policy, a senior government official has claimed.Government promulgat...Published: 15 Mar 2023 at 06:43hrs | 146 | by Staff reporter
Beitbridge woman builds successful business empire
ONLY yesterday, Beitbridge-based businesswoman, Dr Anna Muleya (50) operated a barbershop in the border town.Today, she is a multi-award-winning successful businesswoman with a thriving busine...Published: 08 Mar 2023 at 05:29hrs | 8353 | by Staff reporter
Jonathan Moyo dismisses the notion that there are no sanctions against Zimbabwe
EXILED former cabinet minister Jonathan Moyo has dismissed the notion that there are no sanctions against Zimbabwe.Prof Moyo said it is desperate propaganda to claim that the Reserve Bank of Z...Published: 06 Mar 2023 at 21:23hrs | 1752 | by Staff reporter
Zimbabwe Power Company increases power generation
ELECTRICITY generation at Hwange Power Station has drastically improved from last week's levels of below 80 megawatts to 395 megawatts today (Monday).According to daily production figures from...Published: 06 Mar 2023 at 15:01hrs | 1365 | by Staff reporter
Above-normal rainfall predicted for March
THE United States Agency for International Development (USAid)'s food security arm, the Famine Early Warning Systems Network (FEWS NET), has predicted above-normal rainfall for March, a change from th...Published: 06 Mar 2023 at 05:19hrs | 891 | by Staff reporter
Inflation triggers food shortages in Britain
Britain has been hit by a massive food shortage that has been triggered by a combination of factors that include inflation and a biting energy crisis. According to reports from British media t...Published: 04 Mar 2023 at 07:57hrs | 67 | 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 | 111 | by Jamwanda
'Power cuts to wipe out US$4bn'
ROLLING blackouts, which have deepened in the past few months, could cost the economy close to US$5 billion this year, industrialists told the Zimbabwe Independent.They said many companies had...Published: 03 Mar 2023 at 18:23hrs | 590 | by Staff reporter
Iranian innovation hubs for Zimbabwe
Zimbabwe's innovation and technology strategy will be boosted under plans for Iran's innovation and technology hub poised to open shop in Zimbabwe and undertake exchange programmes with Zimbabwean cou...Published: 01 Mar 2023 at 06:53hrs | 153 | by Staff reporter
Mnangagwa's govt rejects ZESA tariff plan
The Reserve Bank of Zimbabwe (RBZ) has shot down a proposal by ZESA Holdings for businesses to wholly pay electricity tariff in United States dollar following the government's policy to align tariff p...Published: 24 Feb 2023 at 07:44hrs | 1677 | by Staff reporter
Zimbabwe power crisis set to worsen?
ZIMBABWE'S power utility says while electricity supplies will improve during the second half of the year in line with ramped up generation capacity at the major power stations, the country will experi...Published: 12 Feb 2023 at 11:08hrs | 579 | by Staff reporter
Zimbabwe losing doctors, nurses and teachers to British hypocrisy
THE United Kingdom, which is buckling under a deepening shortage of nurses and teachers after exiting the European Union, is raiding, among other countries, its former colony Zimbabwe for key public s...Published: 12 Feb 2023 at 07:28hrs | 210 | by Ashlet Simango
Zesa mulls switch to forex-indexed power tariff
POWER utility Zesa Holdings Limited wants all of its clients, including industries, to pay their electricity bills in foreign currency to fulfil its power import commitments, Zimbabwe Independent can ...Published: 12 Feb 2023 at 07:26hrs | 133 | by Staff reporter
Zimdollar haunted by trust issues
Zimbabweans across the country continue to lose trust in the local currency due to the rapid loss of value, meaning it cannot serve as the store of value and medium of exchange.According to th...Published: 12 Feb 2023 at 07:20hrs | 52 | by Staff reporter
Lake Kariba water levels rising daily
WATER levels in Lake Kariba are rising at an average of 2cm daily, amid projections that the lake would have gathered at least 7 metres available for power generation in June, when peak inflows reach ...Published: 08 Feb 2023 at 05:01hrs | 462 | by Staff reporter
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