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Market rejects ZWL$50 notes
Several informal traders and public transport operators are now refusing to accept the ZWL$50 note as Zimbabwe's local currency continues to depreciate against the US dollar.The ZWL$2, ZWL$5, ...Published: 03 Oct 2023 at 06:23hrs | 752 | by Staff reporter
Mthuli Ncube says Zimbabwe's economy remains on positive trajectory
The country's economy remains on a positive growth trajectory with the prevailing macro-economic stability expected to continue, Finance and Investment Promotion Minister Professor Mthuli Ncube has sa...Published: 03 Oct 2023 at 06:10hrs | 117 | by Staff reporter
Nigerian president hikes wages to avert looming strike
Nigeria's leader increased the wages of some government workers in last-minute efforts to appease labor unions whose planned strike this week could shut down government offices in all sectors of Afric...Published: 02 Oct 2023 at 09:54hrs | 385 | by Staff reporter
Mnangagwa planning to resume talks on restructuring $14 billion of unpaid debt
Zimbabwe's President, Emmerson Mnangagwa, is planning to resume talks on restructuring $14 billion of unpaid debt, despite ongoing divisions over disputed elections in the country. Mnangagwa hopes to ...Published: 02 Oct 2023 at 06:30hrs | 282 | by Staff reporter
Zimbabwe's gold tokens to be used as legal tender
The Reserve Bank of Zimbabwe (RBZ) has announced its intention to introduce a new transactional currency called Zimbabwe Gold (ZiG), which will be backed by the valuable mineral resource. These Gold-B...Published: 01 Oct 2023 at 07:35hrs | 3190 | by Staff reporter
Zimbabwe's 'rigged' inflation remains high at 18.4%
In September, Zimbabwe's annual inflation rate remained high at 18.4%, despite the adoption of a geometric aggregation method by the authorities for analyzing the consumer price index (CPI). The Zimba...Published: 29 Sep 2023 at 06:25hrs | 201 | by Staff reporter
Cost of living rises as Zimdollar slips
The cost of living has surged by an additional 4.8% to reach ZWL$95,462.53 per person in September, driven by the ongoing depreciation of the Zimbabwean dollar against the US dollar. The count...Published: 29 Sep 2023 at 06:22hrs | 226 | by Staff reporter
Mnangagwa to replace Mangudya as RBZ boss?
A GLOBAL recent ranking of central bank governors has given Zimbabwe's John Mangudya the lowest grade amid speculation that he may be replaced as President Emmerson Mnangagwa reshapes his administrati...Published: 28 Sep 2023 at 16:03hrs | 3087 | by Staff reporter
Mnangagwa must introduce a diaspora ministry
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my sworn submission that your recent resurrection of the War Veterans ministry is suggestive of aberrations. As I see it, the decision is...Published: 27 Sep 2023 at 06:18hrs | 383 | by Cyprian Muketiwa Ndawana
CBZ commends Mthuli Ncube's bold inflation policy
CBZ Holdings Limited (CBZHL), the country's largest banking institution in terms of deposits and assets, has commended monetary authorities for taking bold inflation-targeted measures. The company has...Published: 24 Sep 2023 at 11:47hrs | 519 | by Staff reporter
Mnangagwa to attend Zimbabwe economic conference
President Mnangagwa is set to take center stage at the upcoming Zimbabwe Economic Development Conference (ZEDCON) in Victoria Falls next week.ZEDCON is an annual event that brings together gov...Published: 24 Sep 2023 at 08:53hrs | 78 | by Staff reporter
Chivayo calls Biti a 'foolish guy'
Controversial businessman Wicknell Chivayo has lashed out at former Finance Minister Tendai Biti saying he is a "foolish guy" and accused him of sending Zimbabwe into hyperinflation during the governm...Published: 19 Sep 2023 at 20:45hrs | 865 | by Staff reporter
Wicknell Chivayo gifts Zanu-PF affiliated MC US$65,000 Toyota Hilux
Controversial businessman Wicknell Chivayo has donated a Toyota Hilux double cab 4×4 vehicle worth US$65 000 to financially troubled Zanu-PF affiliated MC David Masomere, who recently found himself i...Published: 19 Sep 2023 at 20:45hrs | 1294 | by Staff reporter
Mthuli Ncube says Zimbabwean's economy is booming
Finance and Investment Promotion Minister, Mthuli Ncube, has stated that Zimbabweans should embrace the current favorable economic conditions, emphasizing that the country's economy is thriving....Published: 19 Sep 2023 at 06:31hrs | 1067 | by Staff reporter
Zanu-PF losing candidates file election petitions
Two unsuccessful Zanu-PF parliamentary candidates have taken their grievances to the Electoral Court, seeking to challenge the victory of their opponents in the recent polls.The ruling party s...Published: 19 Sep 2023 at 06:26hrs | 257 | by Staff reporter
Biti warns of economic 'disaster' in Zimbabwe
Former finance minister and prominent CCC opposition figure Tendai Biti has issued a stern warning about the potential economic consequences if President Emmerson Mnangagwa's government decides to emb...Published: 17 Sep 2023 at 22:14hrs | 581 | by Staff reporter
Skepticism about Mnangagwa's new Cabinet
Trust Chikohora, the leader of the opposition Zimbabwe Coalition for Peace and Development (ZCPD), has expressed skepticism about the new Cabinet that was sworn in earlier this week. He believes the C...Published: 15 Sep 2023 at 06:25hrs | 357 | by Staff reporter
An account of Zimbabwe's elections of August 2023
I HAVE been present at Zimbabwean elections since 1980. The independence elections of that year followed intense negotiations first in Lusaka, Zambia, and then in London over the latter part of ...Published: 14 Sep 2023 at 16:24hrs | 613 | by Stephen Chan
The Tyranny Continues
I find myself once again standing on the aftermath of another election. It is a time after we were supposed to freely exercise our democratic right to choose our leaders, a fleeting moment when our vo...Published: 14 Sep 2023 at 14:23hrs | 537 | by Kumbirai Thierry Nhamo
Mnangagwa's son express his disbelief at his Cabinet appointment
David Mnangagwa, who has been appointed as the Deputy Minister of Finance and Investment Promotion, expressed his disbelief at his appointment, considering it a significant responsibility. He will be ...Published: 13 Sep 2023 at 19:03hrs | 2131 | by Staff reporter
'Mugabe was a better devil'
Four years have passed since the passing of former President Robert Mugabe, and nearly six years since his ousting in a 2017 military coup that ushered Emmerson Mnangagwa into power. During this time,...Published: 12 Sep 2023 at 20:06hrs | 1919 | by Staff reporter
Mnangagwa tells those unhappy with his cabinet to appoint their own when they become president
He reappointed some underperforming ministers from his previous cabinet and also appointed his son and nephew to high-ranking positions.Zimbabwean President Emmerson Mnangagwa has announced a ...Published: 12 Sep 2023 at 19:31hrs | 1280 | by Staff reporter
Zimdollar future hangs in the balance
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...Published: 12 Sep 2023 at 06:33hrs | 1075 | by Eddie Cross
Former minister eyes Kwekwe mayor position
Former Minister of Health and Child Care, Dr. Henry Madzorera, took the oath as the ward 10 councillor in Kwekwe on Thursday under the banner of the Citizens’ Coalition for Change (CCC). With this s...Published: 11 Sep 2023 at 21:38hrs | 1607 | by Staff reporter
Zimdollar remains volatile
LOCAL financial service firm Fincent Securities Private Limited (Fincent) says the Zimbabwe dollar has lost significant value since the announcement of the disputed election results.From the e...Published: 10 Sep 2023 at 09:00hrs | 543 | by Staff reporter
How hope dies with every election in Zimbabwe
"People died. The fear of being asked whether you wanted a short or long sleeve cut (cutting your hand or your arm) by soldiers made people vote in fear, not with their heads. We were voting with our ...Published: 09 Sep 2023 at 13:10hrs | 597 | by Beauty Dhlamini
Zimdollar firms, exchange premium widens
THE Confederation of Zimbabwe Industries (CZI) said this week the gap between the official and parallel market exchange rates widened to 41% last month as a result of stability in the official forex m...Published: 09 Sep 2023 at 08:51hrs | 830 | by Staff reporter
Why properties in Zimbabwe are overpriced
YOU probably have heard that properties in Zimbabwe are expensive, especially compared to regional peers like South Africa and Kenya.To substantiate this claim, a quick online survey on proper...Published: 09 Sep 2023 at 08:50hrs | 869 | by Rufaro Hozheri
Mnangagwa will sink Zimbabwe
Zanu PF has obliterated all forms of civilisation in Zimbabwe. The country is now in a state of perpetual decay and its hyper inflationary economy is a standing joke to the rest of world.What ...Published: 08 Sep 2023 at 18:23hrs | 1645 | by Simbarashe Jingo
What legacy will Mnangagwa leave?
PRESIDENT Emmerson Mnangagwa was sworn in on Monday for his second and last term, according to the Constitution of Zimbabwe.His first term ran from 2018-2023 and now his final lap will take hi...Published: 08 Sep 2023 at 17:46hrs | 386 | by Faith Zaba
Mugabe stirs debate from the grave
YESTERDAY marked four years since former President Robert Mugabe passed on, leaving behind an indelible mark on the nation's political landscape.Mugabe passed away on September 6, 2019 in Sing...Published: 07 Sep 2023 at 06:15hrs | 1645 | by Staff reporter
Zimbabwe targeting Zimdollar return in 5 years
Zimbabwe will continue to put in place measures to entrench the use of the domestic currency because having its own currency forms the basis for sustainable economic growth and development, President ...Published: 06 Sep 2023 at 19:09hrs | 653 | by Staff reporter
South Africa, Zimbabwe in behind the scenes talks
The South African government and the governing ANC under President Cyril Ramaphosa are engaged in new secret talks with Zimbabwean President Emmerson Mnangagwa's freshly-minted administration to resol...Published: 06 Sep 2023 at 18:56hrs | 1067 | by Staff reporter
Hundreds of white farmers return to Zimbabwe in boost for agriculture
Family after family fled along this dirt road towards Harare as they were evicted from their farms by Zimbabwean war veterans.The road through the country's prime, red-soiled land was a front ...Published: 06 Sep 2023 at 06:39hrs | 2766 | by Ben Farmer
Ramaphosa slammed for attending Mnangagwa's inauguration
SOUTH African opposition parties continue to blast Cyril Ramphosa after he attended President Emmerson Mnangagwa's inauguration saying he is endorsing a stolen government.Ramaphosa was one of ...Published: 06 Sep 2023 at 06:25hrs | 880 | by Staff reporter
Zimbabwe slowing getting back to its feet at 43
IN 1893 my ancestors raised the Union Jack in a place they called Salisbury, in the middle of what is now called southern Africa. That is 130 years ago and for the next 87 years this tiny group of whi...Published: 05 Sep 2023 at 06:19hrs | 325 | by Eddie Cross
Time for action, Mr Mnangagwa
President Emmerson Mnangagwa began his second and final term yesterday with the daunting task of uniting the nation after a disputed poll which observers said did not meet regional and international b...Published: 05 Sep 2023 at 06:18hrs | 260 | by Staff reporter
Mnangagwa parties with ex-adversaries
Only three out of 16 Southern African Development Community (SADC) heads of state attended Zimbabwe President Emmerson Mnangagwa's inauguration in Harare on Monday, but that did not stop the party....Published: 04 Sep 2023 at 21:24hrs | 1223 | by Staff reporter
Soldiers voted against Mnangagwa?
PRESIDENT-ELECT Emmerson Mnangagwa lost at a polling station set up for soldiers from Pondoroza Barracks in Redcliff, Midlands province, during last week's elections, in a development that has laid ba...Published: 04 Sep 2023 at 21:13hrs | 1131 | by Staff reporter
Why ZANU-PF Wins elections
Since 1980, ZANU PF has lost in two elections. They lost the 2000 referendum which forced the incumbent president to go with the old constitution albeit with later amendments which largely undermined ...Published: 02 Sep 2023 at 10:43hrs | 2018 | by Moses Moyo
5 more years is way too much
My heart is heavy with sadness and a deep sense of contemplation as I reflect upon the recent presidential election. Emmerson Mnangagwa, claimed victory in a highly disputed election. The news of anot...Published: 30 Aug 2023 at 23:42hrs | 326 | by Kumbirai Thierry Nhamo
What does another disputed election mean for Zimbabwe?
THE August 23 elections have come and gone, but the result is the same - another disputed poll that has left the country more polarised than ever - and facing a bleak outlook.Last week's poll ...Published: 30 Aug 2023 at 06:46hrs | 250 | by Staff reporter
Zimbabwe business calls on presidential poll loser to concede defeat
ZIMBABWE'S industries this week called for a peaceful post-election period, as they made a passionate plea to frontrunners in the presidential poll to concede defeat and help the country focus on rebu...Published: 29 Aug 2023 at 08:12hrs | 1086 | by Staff reporter
Zimbabwe tertiary students moan fee hikes
University students across Zimbabwe have bemoaned the recent hike in tuition and accommodation fees, while some have taken the matter to the courts.Other students failed to access their result...Published: 29 Aug 2023 at 07:07hrs | 463 | by Staff reporter
Zimra revenue collection surpasses target
A TOTAL of $4,43 trillion in revenue was collected against a target of $3,49 trillion in the first half of the year with positive growth recorded on value-added tax on imports, customs duty, excise du...Published: 29 Aug 2023 at 07:04hrs | 78 | by Staff reporter
Mnangagwa fends off election fraud claims
Zimbabwe's re-elected President Emmerson Mnangagwa suggested on Sunday that those people questioning the results of last week's election, which an opposition leader dismissed as a "gigantic fraud", ta...Published: 27 Aug 2023 at 23:01hrs | 658 | by Staff reporter
The odds were stacked against Chamisa on August 23
Zimbabwe went to the polls last week, weighed down by a cost-of-living crisis and rural food shortages, but the ruling party's 40-year grip on the electoral process suggested it was unlikely to lose p...Published: 27 Aug 2023 at 12:51hrs | 199 | by Staff reporter
Zanu-PF's vote lead grows
Partial results from Zimbabwe's parliamentary election suggested the ruling party's lead was growing on Friday, but election observers said the vote did not meet international standards and was conduc...Published: 26 Aug 2023 at 16:39hrs | 1695 | by Staff reporter
It is time for Mnangagwa to go
This is the perfect time for Emmerson Dambudzo Mnangagwa to go. Leadership is not his forte. He does not have the dexterity needed to govern a country. The past five years testify of his failure which...Published: 26 Aug 2023 at 13:03hrs | 2279 | by @maximilianlion
Zimbabwe braces for close election as early parliamentary results come in
Early parliamentary results in Zimbabwe showed the ruling party and the main opposition neck and neck on Friday, after an election in which President Emmerson Mnangagwa's Zanu-PF party was widely expe...Published: 25 Aug 2023 at 20:00hrs | 470 | by Staff reporter
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