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Chamisa tells Mnangagwa to prepare for his retirement
CITIZENS Coalition for Change (CCC) leader Nelson Chamisa yesterday declared that he will rule the country after elections expected next year.Addressing scores of mourners at the burial of the...Published: 56 mins ago | 205 | by Staff reporter
'Mthuli Ncube, John Mangudya must resign'
OPPOSITION political parties have demanded that Finance minister Mthuli Ncube and Reserve Bank of Zimbabwe (RBZ) governor John Mangudya resign, accusing them of crafting anti-poor policies that are wo...Published: 59 mins ago | 173 | by Staff reporter
Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 1 hr ago | 92 | by Staff reporter
Mnangagwa gazettes multi-currency system into law
President Mnangagwa has gazetted Statutory Instrument 118A of 2022 entrenching the multi-currency system as announced by Finance and Economic Development Minister Professor Mthuli Ncube yesterday. ...Published: 13 hrs ago | 1529 | by Staff reporter
34,000 new houses for teachers, says Mthuli Ncube
THE government has said it would embark on a highly ambitious project to build 34,000 houses for teachers in the next five years.This comes at a time when teachers and health workers have been...Published: 21 hrs ago | 609 | by Staff reporter
Biti tells Guvamatanga to 'shut up'
FORMER finance minister, Tendai Biti, has told off current treasury permanent secretary, George Guvamatanga, after he claimed civil servants are better paid now that they were during the government of...Published: 28 Jun 2022 at 07:32hrs | 3818 | by Staff reporter
CCC dismisses new Zimbabwe economy measures; says Chamisa-led govt only solution
Minister Mthuli Ncube (on Monday) announced measures that are meant to curb hyperinflation and stabilize (prices) as well as address the remuneration crisis in the civil service. The Reserve Bank also...Published: 28 Jun 2022 at 07:29hrs | 1211 | by Fadzayi Mahere
Zimbabwe to import maize from Zambia, Malawi to plug grain shortfall
Zimbabwe will import maize from neighboring Zambia and Malawi and wheat from cheaper source markets to avert shortages and price increases, Finance Minister Mthuli Ncube said Monday.Addressing...Published: 28 Jun 2022 at 07:27hrs | 304 | by Staff reporter
Mthuli Ncube redollarises
GOVERNMENT yesterday brought back the United States dollar as legal tender to stem rising inflation and restore confidence in the economy, but critics say the move will lead to more demands for salari...Published: 28 Jun 2022 at 07:26hrs | 5795 | by Staff reporter
Zimbabwe now needs new economic thinkers
LATEST statistics from the Zimbabwe National Statistics Agency (ZimStat) indicate that the country's year-on-year inflation is inches away from breaching the 200% mark. The agency's June figures show ...Published: 28 Jun 2022 at 07:22hrs | 192 | by Staff reporter
Zimbabwe bans US$ sales discounts
FINANCE Minister, Mthuli Ncube on Monday traversed a tight passage as he balanced between the country's pressing economic needs and the tide of rising inflation prompted by external factors and low co...Published: 27 Jun 2022 at 19:06hrs | 2723 | by Staff reporter
Zanu-PF gangs up against Mnangagwa
ZIMBABWE'S worsening economic situation has reportedly ratcheted pressure on President Emmerson Mnangagwa from within his ruling Zanu-PF party to find quick solutions as the country heads into the ele...Published: 27 Jun 2022 at 08:15hrs | 6058 | by Staff reporter
Zanu PF gangs up against Mnangagwa
ZIMBABWE'S worsening economic situation has reportedly ratcheted pressure on President Emmerson Mnangagwa from within his ruling Zanu PF party to find quick solutions as the country heads into the ele...Published: 27 Jun 2022 at 07:12hrs | 7972 | by Staff Reporter
Call to review Zimbabwe tax thresholds
Government has been implored to increase the exemption threshold on payroll tax to cushion workers from current challenges such as high inflation and the contagion effects of conflict between Russia a...Published: 26 Jun 2022 at 08:09hrs | 153 | by Staff reporter
Zimbabwe nurses call off strike
HEALTH workers have called off their industrial action and given government 14 days to deliver on their demands of a US dollar salary and better working conditions.The decision came out of a c...Published: 25 Jun 2022 at 19:10hrs | 1318 | by Staff reporter
Zanu-PF bigwigs deplore top govt officials
PRESIDENT Emmerson Mnangagwa is under fire from senior Zanu-PF officials, including those stationed at party headquarters, who have raised concern over the failure by ruling party officials deployed i...Published: 25 Jun 2022 at 19:06hrs | 900 | by Staff reporter
Strike paralyses major hospitals
WORKERS from other sectors have started joining a tools down job action by health personnel and teachers who are demanding United States dollar salaries.The strike entered its third day yester...Published: 23 Jun 2022 at 06:46hrs | 383 | by Staff reporter
Striking nurses hit out at Mthuli Ncube
STRIKING nurses expressed anger and disappointment Tuesday over recent remarks made by finance minister Mthuli Ncube that there was no crisis in the country, everything is well.Earlier this mo...Published: 22 Jun 2022 at 06:49hrs | 5208 | by Staff reporter
'Zimbabwe's Commonwealth readmission chances are slim'
ZIMBABWE'S readmission to the Commonwealth might face hurdles due to continued human rights abuses in the country, political analysts said yesterday.This comes as the Commonwealth members are ...Published: 22 Jun 2022 at 06:48hrs | 607 | by Staff reporter
Mthuli Ncube has not ruled out US$ salaries
GOVERNMENT yesterday said it had not yet ruled out the possibility of paying civil servants salaries in United States dollars citing the current US$175 incentive as evidence of its willingness to meet...Published: 22 Jun 2022 at 06:47hrs | 3022 | by Staff reporter
MPs raise red flag over $3,49bn youth funds
Legislators have accused the Sport, Arts and Recreation ministry of failing to maintain youth centres despite Finance minister Mthuli Ncube disbursing $3,49 billion for their upgrade in 2020.T...Published: 22 Jun 2022 at 06:47hrs | 521 | by Staff reporter
Zinara fails to pay road contractors
GOVERNMENT has failed to pay contractors under the Emergency Road Rehabilitation Programme (ERRP) for the past five months, slowing down the road rehabilitation initiatives.Government launched...Published: 22 Jun 2022 at 06:45hrs | 315 | by Staff reporter
Mapping for urban title deeds underway
Mapping of seven urban suburbs in the title formalisation process is now complete and while that process continues with the next suburbs on the list, the first stand owners being processed are now acq...Published: 22 Jun 2022 at 06:40hrs | 151 | by Staff reporter
Zanu-PF supporters corner ministers, RBZ over failure
Zanu-PF supporters have strongly warned the party of impending electoral defeat in the 2023 general election and accused some of President Emmerson Mnangagwa's deployees in government, particularly Fi...Published: 21 Jun 2022 at 15:24hrs | 971 | by Staff reporter
Mthuli Ncube grilled over health budget
FINANCE minister Mthuli Ncube was last Thursday grilled by Members of Parliament for failing to disburse budgetary funds to critical ministries such as health, which are struggling to fund their activ...Published: 21 Jun 2022 at 06:43hrs | 638 | by Staff reporter
Wadyajena harrases Musarara over grain transportation deal
Controversial GOKWE Nembudziya legislator, Justice Mayor Wadyajena, is up in arms with businessman, Tafadzwa Musarara, after he allegedly kicked him out of a grain and inputs transportation deal....Published: 19 Jun 2022 at 19:59hrs | 518 | by Shelton Muchena
Govt keeps focus on Zimdollar
Government will not let-up on implementing fiscal and monetary measures to contain resurgent inflation and tame Zimbabwe dollar volatility, Finance and Economic Development Minister Professor Mthuli N...Published: 19 Jun 2022 at 10:04hrs | 225 | by Staff reporter
'Wadyajena pushed business interests through Parly'
THE Grain Millers Association of Zimbabwe (GMAZ) has accused Parliamentary Portfolio Committee on Lands and Agriculture chairperson Justice Mayor Wadyajena of abusing his position to grab its grain an...Published: 18 Jun 2022 at 07:30hrs | 723 | by Staff reporter
Zimbabwe doctors, nurses endorse strike
SALARY talks between government and its restive workers ended in a deadlock yesterday ahead of a full-blown strike action by health professionals and teachers beginning Monday.It has emerged t...Published: 18 Jun 2022 at 07:30hrs | 1020 | by Staff reporter
WorldRemit closes transfers to Zimbabwe banks
British-based digital payments service, WorldRemit has announced its removal of direct bank transfers to Zimbabwean accounts in favour of mostly cash transactions.This came a month after Zimba...Published: 18 Jun 2022 at 07:28hrs | 930 | by Staff reporter
Zanu-PF bigwigs 'blocking' parastatal reforms
CONCERTED efforts by Treasury to push for key parastatal reform and privatisation of the loss-making entities have been frustrated by some hawkish cabinet ministers and senior bureaucrats, who have fo...Published: 17 Jun 2022 at 08:58hrs | 881 | by Staff reporter
Under Mthuli Ncube, Zimbabwe going nowhere fast
FINANCE minister Mthuli Ncube is either a liar or suffering from selective amnesia.Either way he should not be involved in anything to do with the financial affairs of Zimbabwe.He has ...Published: 17 Jun 2022 at 08:30hrs | 269 | by A Mbire
Can real leaders please stand up!
WHEN hospitals start turning away patients because of inadequate sundries, this should jolt any serious government to act.When the face of hospitals, which are the nurses, decide to down tools...Published: 17 Jun 2022 at 08:29hrs | 79 | by Staff reporter
Forex auction props up industry revival
The foreign exchange auctions have disbursed over US$3,2 billion to productive sectors since they opened in 2020, a development that resulted in the growth of local industry's capacity utilisation to ...Published: 17 Jun 2022 at 08:17hrs | 52 | by Staff reporter
Mthuli Ncube told his tricks are not working
LEGISLATORS took Finance Minister Professor Mthuli Ncube to task in Parliament Wednesday, challenging him over the government's "failed" NDS-1 economic blue-print and the administration's apparent lac...Published: 16 Jun 2022 at 08:34hrs | 2454 | by Staff reporter
Mthuli Ncube dodges civil servants salary issue
FINANCE minister Mthuli Ncube was yesterday at pains to explain government's failure to review civil servants' salaries to parliamentarians as the cost of living shoots up.Legislators in the N...Published: 16 Jun 2022 at 08:29hrs | 917 | by Staff reporter
Civil servants fret over stagnant salaries
CIVIL servants have expressed dismay over government's failure to increase their salaries to cushion them against inflation and the country's weekly price rampage.Since Monday this week, gover...Published: 15 Jun 2022 at 07:34hrs | 762 | by Staff reporter
Mliswa tasked with finding a Ndebele puppet that will replace Kembo Mohadi?
The position of 2nd vice president that is imposed on Matabele people in Zimbabwe is a symbol of capture, oppression, mockery and an insult to Matabele nation. The children of the stars and the sons a...Published: 14 Jun 2022 at 07:15hrs | 9584 | by Israel Dube
ZCTU slams Mthuli Ncube
THE Zimbabwe Congress of Trade Unions (ZCTU) have criticised Finance and Economic development minister Mthuli Ncube for pursuing economic policies which have worsened the plight of workers and ordinar...Published: 12 Jun 2022 at 08:34hrs | 347 | by Staff reporter
Zimbabwe trade deficit hits US$34bn as industrialisation flops
ZIMBABWE has since 2002 accumulated a trade deficit of more than US$34 billion, a clear indication that the country's industrialisation-led import-substitution programmes have failed, new data show....Published: 11 Jun 2022 at 09:31hrs | 338 | by Staff reporter
Mnangagwa's govt admits to acute teacher shortages
ZIMBABWE has a shortage of 25 000 teachers, but only 5 000 will be recruited this year, leaving a shortfall of 20 000 educators.In a statement, Primary and Secondary Education minister Evelyn ...Published: 11 Jun 2022 at 09:12hrs | 136 | by Staff reporter
Mthuli Ncube seeks condonation from Parliament
FINANCE minister Mthuli Ncube has appealed to Parliament for condonation for unauthorised expenditure amounting to $100,7 billion in 2020 and $6,8 billion for 2019.This is contained in the Fin...Published: 11 Jun 2022 at 09:10hrs | 295 | by Staff reporter
Cry, the beloved country Zimbabwe
THE average salary of a Zimbabwean teacher is now only able to buy just 20 loaves of bread. But the majority of the teachers' take home can no longer even buy half a dozen loaves given that many of th...Published: 10 Jun 2022 at 07:56hrs | 324 | by Staff reporter
Price of bread to humble Mnangagwa
PRESIDENT Emmerson Mnangagwa's new dispensation should always play a track from Simon "Chopper" Chimbetu's album Survival - it is informative and educative.This is a well-choreographed song wh...Published: 09 Jun 2022 at 06:43hrs | 1769 | by Leonard Koni
'No crisis in Zimbabwe'
FINANCE minister Mthuli Ncube has said "all is well" in Zimbabwe and dismissed claims that the southern African country is in the throes of an economic crisis.Speaking in an off-the-cuff...Published: 09 Jun 2022 at 06:42hrs | 5608 | by Staff reporter
Dollarization will lead to 'very nasty' events for Zimbabwe
FINANCE minister Mthuli Ncube has said the banking sector will be wiped out, causing a cash crisis if Zimbabwe ever fully dollarizes.This follows growing calls for government to adopt the USD ...Published: 08 Jun 2022 at 18:15hrs | 1187 | by Staff reporter
Govt approves US$90 incentive on early grain delivery
THE government has granted the Grain Marketing Board the greenlight to pay farmers an early delivery incentive of US$90 over and above the ZWL$75 000 per every tonne delivered.In its quest to ...Published: 07 Jun 2022 at 23:32hrs | 535 | by Staff Reporter
Bank workers appeal to Mthulisi Ncube for tax relief
THE Zimbabwe Banks and Allied Workers Union (Zibawu) has urged Finance minister Mthuli Ncube to raise the income tax free threshold in both foreign and local currencies in line with inflation and curr...Published: 05 Jun 2022 at 09:17hrs | 1399 | by Staff reporter
The death of the Zimdollar shows the King has no clothes
The death of the Zimbabwe dollar is proof that with all our education, there is something terribly rotten in Simbao (ancient name for Zimbabwe).I want to make an apology to Sister Fay Chun...Published: 05 Jun 2022 at 09:16hrs | 1154 | by Kenneth Mufuka
Zimbabwe's currency dilemma exacerbating matters
A FEW days after Zimbabwe President Emmerson Mnangagwa announced a series of controversial economic measures, that have sped up the depreciation of the Zimbabwe dollar (ZWL), and resultantly, inflatio...Published: 04 Jun 2022 at 19:56hrs | 344 | by Staff reporter
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