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'COVID-19 delays Zimbabwe wagons delivery from Russia'
TRANSPORT minister Joel Biggie Matiza has claimed that the National Railways of Zimbabwe (NRZ) was supposed to take delivery of 100 wagons from Russia in January, but the consignment has been delayed ...Published: 27 Jun 2020 at 08:38hrs | 440 | by Staff reporter
Zimbabwe elected to UN's Economic and Social Council
ZIMBABWE has been elected to the United Nations Economic and Social Council (ECOSOC) cluster which has 17 other member states drawn from several continents. ECOSOC is the coordinating body for funds a...Published: 20 Jun 2020 at 08:05hrs | 133 | by Staff reporter
Chinese help in Zimbabwe's Covid-19 fight raises suspicions
China is publicly handing out money and equipment to help fight the spread of coronavirus in Zimbabwe. But Beijing's generosity has made some very wary.Until now most in Zimbabwe have accepted...Published: 05 May 2020 at 16:27hrs | 4091 | by Staff reporter
Beware the Ides of March coronavirus is here
MANY pandemics and epidemics have occurred throughout the history of mankind, from biblical times to date. We have lived to tell the tale in the Aids pandemic and our cousins in the Congo and in West ...Published: 03 Apr 2020 at 08:50hrs | 280 | by Godfrey Mungwadzi Specialist physician
War vets support 'fungibility' ban
The Zimbabwe National Liberation War Veterans Association (ZNLWVA) has dismissed a story in a local weekly newspaper headlined "Fungibility shares ban unlawful", as an act of intimidation towards Gove...Published: 27 Mar 2020 at 06:35hrs | 536 | by Staff reporter
Zimbabwe exports 50,000 tonnes of tobacco
Zimbabwe has exported close to 50 000 tonnes of tobacco to different parts of the world since the beginning of the year, latest data from the Tobacco Industry and Marketing Board (TIMB) shows. ...Published: 19 Mar 2020 at 06:14hrs | 381 | by Staff reporter
Indonesian investor keen on Chiyangwa's Zeco
BULAWAYO-based engineering firm, Zeco Engineering, is in talks with an Indonesian investor, Inka Limited, over a strategic deal that will see the country's sole rail wagons manufacturer resuming produ...Published: 16 Mar 2020 at 05:52hrs | 492 | by Staff reporter
Monetary policy to focus on rate stability
The exchange rate and its implications on inflation or price hikes is probably the most closely monitored economic factor in Zimbabwe right now, and that is for a very good reason.If one...Published: 16 Feb 2020 at 08:31hrs | 336 | by Staff reporter
Zimbabwe records trade surplus
ZIMBABWE recorded a trade surplus of US$83 million in October after the country exported more goods than it imported, latest trade data shows. Data from the Zimbabwe National Statistics Agency...Published: 11 Dec 2019 at 06:33hrs | 646 | by Staff reporter
ZITF Company launches 2020 marketing campaign
THE Zimbabwe International Trade Fair (ZITF) Company has officially launched its 2020 marketing campaign as it builds momentum towards next year's prime exhibitions in Bulawayo. The 61st...Published: 27 Nov 2019 at 06:24hrs | 260 | by Staff reporter
Fresh start for NRZ recapitalisation project
Cabinet has ordered the retendering of the National Railways of Zimbabwe recapitalisation project following the cancellation of the US$400 million deal last month. The deal, involving th...Published: 27 Nov 2019 at 06:20hrs | 284 | by Staff reporter
Tobacco seedling scheme for Matabeleland
DIVERSFIED agro-based concern, Mhuri Farming plans to roll out a tobacco seedling-growing scheme in Matabeleland to promote production of the crop in the region. Of late, the Tobacco Industry ...Published: 12 Nov 2019 at 07:10hrs | 85 | by Staff reporter
Uncle Sam cannot afford to ignore Sadc's voice
On Friday, October 25, the Southern African Development Community (SADC) made it clear to Washington and Brussels that the illegal sanctions imposed on Zimbabwe two decades ago must go without any fur...Published: 03 Nov 2019 at 06:30hrs | 220 | by Ranga Mataire
Zimbabwe external debt hits US$8bn
Zimbabwe's external debt is an estimated US$8 billion, the Finance and Economic Development 2020 pre-budget strategy paper has revealed. The strategy paper revealed that the country's total pu...Published: 14 Oct 2019 at 07:11hrs | 1673 | by Staff reporter
Newcastle disease outbreak hits Bulilima district
A NEWCASTLE disease outbreak has hit Bulilima district, Matabeleland South province, leaving villagers counting heavy losses of their chickens.The epicentre of the disease was reported to be v...Published: 09 Oct 2019 at 07:03hrs | 263 | by Staff reporter
Mnangagwa sideline Ndebeles as envoys?
President Mnangagwa has appointed Mrs Ruth Masodzi Chikwira and Mr Kufa Chinoza as ambassadors to Canada and Ghana respectively. Chief Secretary to the President and Cabinet Dr Misheck Sibanda...Published: 30 Sep 2019 at 06:22hrs | 595 | by Staff reporter
How to appease Mugabe's spirit
In our series of letters from African writers, journalist-turned-barrister Brian Hungwe writes that many Zimbabweans have been shocked to learn that ex-President Robert Mugabe's widow is staying with ...Published: 28 Sep 2019 at 07:09hrs | 3094 | by BBC
Fuel price hike expected in Zimbabwe
The Zimbabwe Energy Regulatory Authority (ZERA) is expected to increase petrol and diesel prices after a strike on a Saudi Arabian oil facility removed about 5% of global supplies, an attack the US ha...Published: 16 Sep 2019 at 06:18hrs | 4496 | by Staff reporter
Record spike in oil price after shock drone attacks on Saudi oil
Oil surged along with gold and Treasury futures after a strike on the heart of Saudi Arabia's oil production increased geopolitical risk concerns. U.S. and European equity futures declined, while shar...Published: 16 Sep 2019 at 06:07hrs | 1168 | by Bloomberg
Homelink aims to support start-ups
FINANCIAL services entity, Homelink, says it has come up with a programme to support the growth of micro enterprises as part of its initiative to boost economic growth.The company has come up ...Published: 27 Aug 2019 at 07:44hrs | 945 | by Staff reporter
Zimbabwe economy needs free-market policies to grow
The introduction of the foreign exchange interbank market by the Reserve Bank of Zimbabwe (RBZ) in February 2019 was a major milestone towards free market economics. Even though there are fears of gov...Published: 28 Jul 2019 at 17:59hrs | 595 | by Victor Bhoroma
Lessons from Singapore on economic development
Singapore is a tiny island-city state in Southeast Asia with a total area of 718km2 (543 times smaller than Zimbabwe) and part of the four Asian Tigers (Others include Hong Kong, Taiwan and South Kore...Published: 15 Jul 2019 at 09:56hrs | 1356 | by Victor Bhoroma
Mnangagwa's new envoys told to 'engage, re-engage'
NEW ambassadors appointed by President Mnangagwa recently should consider themselves strategic agents in the re-engagement process, which is central to the country's objective of achieving an upper mi...Published: 05 Jul 2019 at 07:50hrs | 344 | by Staff reporter
Mnangagwa appoints 17 Ambassadors with immediate effect
President Emmerson Mnangagwa has appointed the following Ambassadors. The appointments are with immediate effect.1. Mr Crispen Toga Mavodza- Kuwait2. Mr Gideon Gapare- Brazil3....Published: 27 May 2019 at 23:23hrs | 16452 | by Mandla Ndlovu
First Lady's food and culture festival commendable
First Lady Auxillia Mnangagwa's relentless efforts to preserve our Zimbabwean culture through the introduction of the Food and Culture Festival is highly commendable.The festival, which is her...Published: 27 May 2019 at 15:16hrs | 1387 | by Gift Mashoko
Student kills lecturer over thesis
An argument over a thesis turned fatal as a student allegedly killed his professor by slashing her throat.The incident happened Monday afternoon, May 2, at the North Sumatra Muhammadiyah Unive...Published: 09 May 2019 at 21:25hrs | 6071 | by Staff Reporter
Understanding the ZAMCO business model
There has been a lot of talk about the Zimbabwe Asset Management Company (Zamco) lately, particularly after the appearance of the Reserve Bank of Zimbabwe governor, John Mangudya, before the Parliamen...Published: 04 Apr 2019 at 07:02hrs | 558 | by Vince Musewe
Outrage over Bulawayo hotel rates
Some leading Bulawayo hotels have reportedly increased their rates by as much 350 percent ahead of the Zimbabwe International Trade Fair (ZITF) expected to take place next month. ZITF, the cou...Published: 27 Mar 2019 at 06:40hrs | 5192 | by Staff reporter
Zimbabweans ranked happier than Rwandans, Batswana and Malawians
The World Happiness Report has been released and Zimbabwe ranks close to the bottom ten, lower than neighbours Mozambique and Zambia. However, Zimbabweans have been ranked happier than Rwandans, Batsw...Published: 21 Mar 2019 at 11:14hrs | 4994 | by Staff reporter
South Africa to monitor Zimbabwe's economic affairs
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 17:15hrs | 2258 | by Staff reporter
SA to sit in next critical Zimbabwe Treasury meetings
IN an unprecedented move, Zimbabwe has agreed to allow South Africa - the continent's most developed economy and powerhouse - to sit in official Ministry of Finance meetings to oversee Harare's debt c...Published: 15 Mar 2019 at 06:24hrs | 3504 | by Staff reporter
Zimbabwe classifies Boeing 737-Max 8 as unsafe
The Deputy Minister of information Publicity and Broadcasting Services Energy Mutodi has advised citizens that Government has classified the Boeing 737-Max 8 as unsafe.The warning comes ...Published: 11 Mar 2019 at 14:37hrs | 2626 | by Mandla Ndlovu
Ethiopian Airlines Boeing 737 kills 157 passengers
Ethiopian Airlines kills 157 passengersAn Ethiopian Airlines Boeing 737 passenger jet to Nairobi crashed early on Sunday killing 149 passengers and eight crew members, the airline said.The...Published: 10 Mar 2019 at 13:32hrs | 1538 | by Bloomberg
Mnangagwa must engage the 'bullies' to win this economic war
The United States of America (US), this week, once again tightened the noose on Zimbabwe when it extended sanctions against President Emmerson Mnangagwa's administration in a show of no confidence –...Published: 09 Mar 2019 at 12:30hrs | 1803 | by Staff writer
Mthuli Ncube hits brick wall on debt clearance plan
FINANCE minister Mthuli Ncube is struggling to nail down the debt clearance roadmap which has been on the table since 2015 to clear urgent US$2,3 billion in arrears before securing game changing new f...Published: 08 Mar 2019 at 10:22hrs | 2508 | by Staff reporter
Zimbabwe's new currency, a maxi-devaluation
Until February 20, Zimbabwe produced a quasi-currency. It was dubbed a "Zollar". On February 20, the quasi-currency became Zimbabwe's official currency. This new currency is called RTGS dollars and co...Published: 08 Mar 2019 at 07:13hrs | 2146 | by Steve H Hanke
Mthuli Ncube engages US over reforms, Zidera
Finance and Economic Development Minister Professor Mthuli Ncube is set to leave for the United States of America next month to apprise that country's government officials on positive developments the...Published: 10 Feb 2019 at 05:42hrs | 595 | by Staff reporter
Mnangagwa's worst British nightmare
PRESIDENT Emmerson Mnangagwa's quest to re-engage the international community suffered a severe blow this week after his key Western backer Britain expressed support for additional European sanctions ...Published: 08 Feb 2019 at 08:53hrs | 3576 | by Staff reporter
Chiwenga suffers from a rare condition
Zimbabweans in the social media have taken chances to cartoon the Vice President Cde Chiwenga because of his unique pronunciation of the words with letter "L" in English. Most people have found joy in...Published: 06 Jan 2019 at 14:45hrs | 28820 | by Dr Masimba Mavaza
Mnangagwa backs push for permanent Zimbabwe UN Security Council seat
Zimbabwe can win one of five UN Security Council seats up for election in the next two years, President Emmerson Mnangagwa's spokesman has said, although analysts doubted the southern African country ...Published: 03 Jan 2019 at 14:59hrs | 2352 | by Staff reporter
Prophet Chiza says Chamisa will become President of Zimbabwe
Founder of Faith In God Eagle Life Assembly Prophet Blessing Chiza has issued a controversial prophesy that for Zimbabwe to be prosperous God is going to install Nelson Chamisa as President of the cou...Published: 01 Jan 2019 at 16:43hrs | 37464 | by Mandla Ndlovu
Mthuli Ncube engages diplomats on reforms
ZIMBABWE'S international re-engagement programme and debt clearance plan are facing renewed headwinds with the United States government maintaining a hardline stance, insisting on tangible reforms, wh...Published: 22 Dec 2018 at 18:46hrs | | by Staff reporter
Mnangagwa's diplomatic offensive off the rails
LAST week's damning testimonies in the United States senate on the human rights situation in Zimbabwe have thrown President Emmerson Mnangagwa's international re-engagement agenda off balance, as Wash...Published: 14 Dec 2018 at 06:32hrs | 2947 | by Staff reporter
Buyanga wants Zimbabwe in United Nations Security Council
BUSINESSMAN Frank Buyanga has written to United Nations Secretary-General Mr Antonio Guterres asking him to consider Zimbabwe for a seat in the United Nations Security Council (UNSC) as a non-permanen...Published: 14 Dec 2018 at 05:31hrs | 484 | by Staff reporter
'Chamisa clause' no stroll in the park
Of all the problems facing the country, the Zimbabwe War Veterans' Association felt the most pressing concern is the age limit of presidential candidacy in the Constitution, which they feel needs to b...Published: 07 Dec 2018 at 06:27hrs | 2885 | by Paul Kaseke
UK based gold digger nurse sued for $127,000
A nurse who claimed she was "showered" with luxury gifts by her wealthy fiancé hurled her engagement ring across court as she was ordered to pay him back more than £100 000 (US$127 000).Zimb...Published: 01 Dec 2018 at 14:27hrs | 690 | by Staff reporter
Adulterous Zim woman ordered to pay US$127,000 to UK lover
A nurse who claimed she was "showered" with luxury gifts by her wealthy fiancé hurled her engagement ring across court as she was ordered to pay him back more than £100,000 (US$127,000). Zim...Published: 28 Nov 2018 at 16:12hrs | 8225 | by Staff Reporter
Mnangagwa govt told to dollarise now
Daily News writer Pauline Hurungudo interviews Steve Hanke, a professor of applied economics at The Johns Hopkins University and senior fellow at the Cato Institute.Over four decades, Hanke ha...Published: 19 Nov 2018 at 15:57hrs | 7074 | by Staff reporter
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 Stabil...Published: 14 Nov 2018 at 05:35hrs | 267 | by Emerson D. Mnangagwa
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 | 78 | by HE Emmerson D Mnangagwa
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