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For economy to take off, we must take air out of inflation
What is inflation and why must we get it under control? What has been going wrong, and how are we putting things right? As an Economics Professor, its important I first explain the basics. In ...Published: 4 hrs ago | 228 | by Prof Mthuli Ncube
Zimbabwe abandons the 1:1 rate
The Reserve Bank of Zimbabwe (RBZ) will introduce Foreign Currency Accounts (FCAs) that will be utilising the real time gross settlement system (RTGS) by the end of this month. This comes as t...Published: 5 hrs ago | 209 | by Staff reporter
Cabinet Okays ZMDC unbundling
Cabinet on Tuesday approved the unbundling of State mining arm — the Zimbabwe Mining Development Corporation (ZMDC) — into four mineral specific units as efforts to improve efficiency in State-own...Published: 5 hrs ago | 66 | by Staff reporter
Mnangagwa launches technology centre
President Mnangagwa yesterday launched the India-Africa Incubation Centre in Harare which he described as a key conduit that will drive the modernisation and industrialisation of the economy. ...Published: 5 hrs ago | 42 | by Staff reporter
'Zacc officials' remanded in custody
Five men, who masqueraded as Zimbabwe Anti-Corruption Commission (Zacc) officials and allegedly moved around Mashonaland East Province terrorising farmers and kidnapped a fuel dealer in Marondera, app...Published: 5 hrs ago | 92 | by Staff reporter
Mnangagwa, Chiwenga are scaring investors away
The recent military crackdown on Zimbabwean citizens is not only a grave infringement on the citizens' fundamental constitutional rights but it ultimately presents Zimbabwe as a volatile business envi...Published: 10 hrs ago | 3000 | by Frazer Muzondo
Full RBZ Monetary Policy statement.
THE Reserve Bank of Zimbabwe (RBZ) has liberalised the US dollar exchange rate against real time gross settlement balances (RTGS), bond notes and all currencies in the multi-currency basket, as i...Published: 13 hrs ago | 4615 | by RBZ
Couple escapes jail for stocktheft
A CHIPINGE couple heaved a sigh of relief on Monday after it escaped a jail term for stealing another villager's goat worth $100, intending to slaughter the animal and raise money for their child's sc...Published: 14 hrs ago | 388 | by Staff reporter
Ex-army boss evicts 300 families
OVER 300 villagers are now living in the open after they were evicted by a former army general from a farm which reportedly used to be owned by the late Vice-President Joshua Nkomo.The settler...Published: 14 hrs ago | 1224 | by Staff reporter
Bushiri responds to sexual abuse allegations
Enlightened Christian Gathering Church led by Prophet Shepherd Bushiri Civil rights has responded to allegations by civil rights movement #NotInMyName which has criticized Bushiri, leader of tak...Published: 14 hrs ago | 1547 | by Mandla Ndlovu
Mnangagwa gets fresh chance from EU
In a rare piece of good news for President Emmerson Mnangagwa and his under pressure administration, he has been given a stay of execution by the European Union (EU), whose Parliament had proposed tou...Published: 15 hrs ago | 2593 | by Staff reporter
How to Choose the Best Forex Broker for Beginners
The Forex market is one of the largest financial markets in the world. It offers 24 hours trading with a turnover of trillions of dollars a day. The currency market is filled with people with diverse ...Published: 16 hrs ago | 418 | by Staff Reporter
Mnangagwa, the Statesman versus Chamisa, the charlatan
"A Statesman thinks about future generations, while a politician thinks about winning the elections" so goes the popular saying. This adage rings true to the Zimbabwean scenario.When there was...Published: 17 hrs ago | 3818 | by Elijah Chihota
Delta demands payment in forex
Delta Corporation is reportedly demanding customers to pay for part of their orders from the beverage maker in hard currency to allow it to source imported raw materials as a pressing foreign currency...Published: 17 hrs ago | 1420 | by Staff reporter
'Zanu PF legitimacy is NOT on dialogue agenda' - then dialogue is NOT worth the candle
"It is an obligation upon every political player in the country to recognise the pronouncement by the Constitutional Court. So the issue of the election of the President is not on the table and will n...Published: 17 hrs ago | 204 | by Nomusa Garikai
Jonathan Moyo angry over collapsing farm video
Exiled former Cabinet Minister Professor Jonathan Moyo has expressed his anger over a video that was taken by unknown people at his farm who alleged that the Professor is neglecting the land which he ...Published: 18 hrs ago | 2348 | by Mandla Ndlovu
Charumbira chairs team to probe Mliswa
PARLIAMENT's Committee of Standing Rules and Orders has appointed Council of Chiefs president Fortune Charumbira to chair the Privileges Committee that was set up to investigate allegations against No...Published: 19 Feb 2019 at 22:40hrs | 3236 | by Staff reporter
Spy camera scandal rocks Falcon College
A SCANDAL has rocked Falcon College after some school boys allegedly placed a spy camera in the girls' changing rooms resulting in unsuspecting pupils from Girls College in Bulawayo, who had visited t...Published: 19 Feb 2019 at 22:38hrs | 7468 | by Staff reporter
Disinformation and misinformation the new battlefront
EDITOR,The information age has brought with it many opportunities as well as challenges. Is it not ironic that in this digital age where information is supposed to be available at our fingerti...Published: 19 Feb 2019 at 22:38hrs | 767 | by Davison Kaiyo.
Govt regrets Battlefields disaster
The fourth cabinet sitting of 2019 has regretted the Battlefields mine disaster and decided to institute thorough investigations.24 bodies were retrieved from the mines, while 8 people were pu...Published: 19 Feb 2019 at 20:01hrs | 646 | by Staff reporter
China spends $2,5 billion on Zimbabwe
China has spent $2,5 billion on Zimbabwe, which is by far the highest amount of money it has ever advanced to any African country.Speaking at the 2019 Spring Festival Gala held in Harare on Su...Published: 19 Feb 2019 at 13:47hrs | 1727 | by Staff reporter
Chief Maduna and Ndiweni write to Mnangagwa's defence minister
Defiant Matabeleland chief Vezi Maduna and Nhlanhlayamangwe Ndiweni have escalated their row with President Emmerson Mnangagwa's government - this time demanding the appointment of an independent prob...Published: 19 Feb 2019 at 13:46hrs | 3441 | by Staff reporter
Mnangagwa's 'CIO son' cons church-mate
A 30-year-old Harare businessman was Monday dragged before a Harare magistrate for allegedly duping his church mate out of his cash and goods while purporting to be a member of the Central Intelligenc...Published: 19 Feb 2019 at 12:42hrs | 2671 | by newzimbabwe
Zimbabwe tourism earnings surpass $1 billion
Zimbabwe's tourism receipts have breached the US$1 billion mark as the sector continues to register strong growth with expectations that the country will achieve its goal of generating at least US$7 b...Published: 19 Feb 2019 at 11:57hrs | 589 | by Staff reporter
Zimnat invites entries for Sanlam financial journalism award
Zimbabwean financial or business journalists are being invited by Zimnat to compete with other African journalists for an award for the best story published or broadcast last year that captures the gr...Published: 19 Feb 2019 at 09:04hrs | 312 | by Staff writer
'China has confidence in Mnangagwa'
China is confident Zimbabwe will achieve its developmental goals under the leadership of President Mnangagwa, whose reforms will transform the economy and attract more investors, the Asian giant's act...Published: 19 Feb 2019 at 08:35hrs | 488 | by Staff reporter
Mliswa escalates fight against Nduna
NORTON MP Temba Mliswa (independent) has asked the Zimbabwe Human Rights Commission (ZHRC) to investigate death threats made against him last week by Chegutu West MP Dexter Nduna (Zanu-PF) during a fr...Published: 19 Feb 2019 at 08:27hrs | 1524 | by Staff reporter
African Union and Sadc are spineless
A combined African Union (AU), Southern African Development Community (Sadc) and President Emmerson Mnangagwa trio-solution to the entangled, Zimbabwean problem will not yield the correct result. In p...Published: 19 Feb 2019 at 08:26hrs | 150 | by Pearl Matibe
5 'Zacc officials' in trouble
Five people who masqueraded as Zimbabwe Anti-Corruption Commission (Zacc) officials and allegedly moved around farms in Marondera, terrorising farmers before kidnaping and robbing a fuel dealer have a...Published: 19 Feb 2019 at 08:25hrs | 755 | by Staff reporter
$7bn needed for cleaner energy in Zimbabwe
A CLIMATE change specialist has said Zimbabwe needs close to $7 billion to mitigate climate change effects by 2030.This was revealed last week in Parliament by director of water and climate ch...Published: 19 Feb 2019 at 08:24hrs | 141 | by Staff reporter
'EU sanctions will spur Zimbabweans to bust sanctions' - nonsense just what we need
"Zimbabweans should not be distracted from their focus on turning around the economy by the country's enemies threatening to effect and strengthen illegal sanctions on the country," wrote the Chronicl...Published: 19 Feb 2019 at 06:49hrs | 1029 | by Nomusa Garikai
Mliswa-led Parliament committee dissolved
Parliament's Committee of Standing Rules and Orders yesterday dissolved the Parliamentary Portfolio Committee on Mines and Mining Development and is set to unveil a Privileges Committee to investigate...Published: 18 Feb 2019 at 23:06hrs | 3641 | by Staff reporter
Zimbabwe FCA deposits hit US$600m
The decision to separate real time gross settlement (RTGS) foreign currency accounts from actual United States dollar accounts is beginning to pay dividends amid indications that deposits for the latt...Published: 18 Feb 2019 at 23:05hrs | 2879 | by Staff reporter
Honeymoon over for reckless directors
Employees and minority shareholders have edged closer to getting powers to take legal action against directors for breach of good faith when the Companies and Other Entities Bill, currently before Par...Published: 18 Feb 2019 at 22:58hrs | 3645 | by Staff reporter
New steel factory for Bulawayo
A LOCAL company, Primetone Investments is in discussions with an Asian group of companies, Kanku International, to set up a US$250 000 steel manufacturing plant in Bulawayo. In an interview du...Published: 18 Feb 2019 at 22:55hrs | 1036 | by Staff reporter
Zimbabwe situation needs proper strategic development plan
We lack basic fundamentals to fulfil the benchmark of legitimacy and credibility. We need to correct a lot of things on the ground. We have so much potential, we simply need to pass the legitimacy tes...Published: 18 Feb 2019 at 16:11hrs | 1334 | by Tinashe Eric Muzamhindo
Comparative analysis of current political developments in Zimbabwe
It is critical and paramount of importance to do case studies, researches and analysis in any situation, mainly because they curb problems, and act as an indicator and eye opener for future events. Ba...Published: 18 Feb 2019 at 14:48hrs | 629 | by Tinashe Eric Muzamhindo
Mnangagwa and his love for expensive jets
At a time when Finance minister Mthuli Ncube is implementing austerity measures that have only brought more suffering to ordinary Zimbabweans, President Emmerson Mnangagwa is behaving as if he is from...Published: 18 Feb 2019 at 13:45hrs | 5243 | by Benjamin Manzini
'Chamisa-run councils disappoint'
DESPITE dominating some of the country's biggest municipalities, analysts say the MDC has little to show in terms of achievements since its formation in 1999.They argue that the MDC leadership...Published: 18 Feb 2019 at 13:45hrs | 2140 | by Maxwell Sibanda
Business forum 'The Shift' to launch in the UK in March
LONDON - Affirmative Action Group (AAG) president, Dr Chamu Chiwanza is scheduled to keynote at the launch of The Shift UK, a business enterprise scheme that brings together corporate leaders to discu...Published: 18 Feb 2019 at 12:59hrs | 521 | by Tidi Kwidini
WATCH: Chinotimba perfoms ritual at a Dubai river
Buhera South member of parliament Joseph Chinotimba was recently in Dubai for an investment Summit.When he came back he attended parliament clad in a full middle east outfit that took social m...Published: 18 Feb 2019 at 08:13hrs | 4401 | by Mandla Ndlovu
Prophet Makandiwa warns Mnangagwa of an inevitable foreign military intervention
United Family International Church (UFIC) leader Emmanuel Makandiwa has warned President Emmerson Mnangagwa of an inevitable foreign military intervention in Zimbabwe should there be any more bloodshe...Published: 18 Feb 2019 at 07:18hrs | 6379 | by Staff reportet
Hippo wreaks havoc in Bulilima
A ROGUE hippopotamus has wreaked havoc in Huwana, Plumtree, destroying crops and also charging at villagers who try to drive it away.The hippohas reportedly destroyed many crop fields, leaving...Published: 18 Feb 2019 at 07:11hrs | 332 | by Staff reporter
'Lack of consensus fomented govt ructions, discord'
OF late, there have been contradictory statements coming out of the Information ministry and other government departments regarding various programmes and policy issues. NewsDay (ND) chief reporter Ev...Published: 18 Feb 2019 at 07:10hrs | 200 | by Staff reporter
3 reasons why it's all going wrong for Mnangagwa
HOW did things turn so bad for Zimbabwe's President Emmerson Mnangagwa?He won the disputed July 30 2018 elections, but even before the results were officially announced, protesters were being ...Published: 18 Feb 2019 at 07:09hrs | 1066 | by Stephen Chan
We can import knowledge, technology to boost the economy
AS our government continues with the belief that borrowing money is one of the means to kickstart the economy, perhaps they can be reminded that they can also import new knowledge and technology, whic...Published: 18 Feb 2019 at 07:06hrs | 106 | by Tapiwa Gomo
Makwavarara's $80m fraud docket to be merged
THE court has ordered that former chairperson of Harare City Council's caretaker commission, Sekesai Makwavavarara, who is accused of awarding a road dualisation tender to Augur Investment Company wit...Published: 18 Feb 2019 at 07:06hrs | 288 | by Staff reporter
Parliament meets over Temba Mliswa bribe
Parliament's Committee of Standing Rules and Orders is expected to meet today and constitute a Privileges Committee to investigate allegations against Norton legislator and three others that they dema...Published: 18 Feb 2019 at 07:01hrs | 575 | by Staff reporter
Mnangagwa extends Land Commission's tenure
PRESIDENT Emmerson Mnangagwa has extended the tenure of the seven-member Commission of Inquiry into the sale of State land in and around urban areas by nine months. The Commission of Inquiry w...Published: 18 Feb 2019 at 06:56hrs | 224 | by Staff reporter
'Will have local currency when economic fundamentals are right' - not right last 38 years and counting
One of the many reasons Zimbabwe is in this economic mess is the sheer incompetence of those running the nation's affairs. Our leaders have a knack for making a mountain out of a mole hill and thus en...Published: 17 Feb 2019 at 23:06hrs | 839 | by Patrick Guramatunhu
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