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Money changers reject bond notes
Vendors in Harare have ceased accepting bond notes following the introduction of the new currency, the Zimbabwe Gold (ZiG) dollar, despite Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanu's an...Published: 08 Apr 2024 at 10:49hrs | | by Staff reporter
Zimbabwe 5 years after Robert Mugabe - so, what has changed?
A climate of fear still lingers in Zimbabwe, five years after long-time ruler Robert Mugabe was deposed. As the country marks this milestone, few people are willing to speak openly about whether the g...Published: 22 Nov 2022 at 17:18hrs | 1 | by Staff reporter
Behind Lafarge CEO's departure
LAFARGE chief executive Precious Nyika left after the company was hit with a heavy central bank fine over exchange rate violations, industry sources said.Hours before her departure, Nyika stru...Published: 13 Sep 2021 at 05:55hrs | | by Staff reporter
Zimbabwe plans new US$1.3bn oil pipeline, finally ending Feruka monopoly
Zimbabwe plans to build a second US$1.3 billion oil pipeline to supply fuel into the country and the region, a deal that would end years of lobbying and rivalry between powerful oil interests....Published: 11 Aug 2021 at 21:29hrs | | by newzwire
Chamisa's MDC claims Fidelity 'parcelled out' to Tagwirei
The MDC Alliance is mulling a legal challenge to the disposal of the government's majority stake in Fidelity Printers and Refiners (FPR), which the party says has been "parcelled out" to controversial...Published: 03 Aug 2021 at 18:45hrs | 2 | by Staff reporter
What caused the 50% plunge in Zimbabwe's fuel import bill?
ZIMBABWE'S fuel import bill fell by more than 50% in 2020, from US$1,2 billion the previous year.Figures recently released by the Zimbabwe National Statistics Agency (ZimStat), capturing data ...Published: 18 Jan 2021 at 06:03hrs | 1 | by Staff reporter
Dear Mthuli Ncube: Just having a weak currency alone may not boost exports
Mthuli Ncube, Zimbabwe's Finance minister, wrote an interesting article in the Financial Times, defending the re-introduction of a local currency. His argument was primarily premised on the theory tha...Published: 06 Sep 2019 at 07:08hrs | | by Perry Munzwembiri
Chamisa, Mnangagwa fans fighting for Boris Johnson's love - 'The Boris is mine'
Boris Johnson, mocker of African "piccaninny" children and their "watermelon smiles", became Prime Minister of Britain on Wednesday. On hearing the news, supporters of two political parties in an Afri...Published: 31 Jul 2019 at 19:34hrs | | by newZWire
Zimbabwe's new currency: What does it all mean?
FEW things fill a Zimbabwean with fear and dread more than the word "Zimdollar". So, it was no surprise that the news Zimbabwe had declared the RTGS the sole local currency, one more step in the count...Published: 28 Jun 2019 at 06:22hrs | | by newZWire
Zimbabwe has an artisan shortage, here is how to fix it
ACCORDING to Zimstat, Zimbabwe had 93 714 university students as at August 2017, but only 25 952 polytechnic students. Harare, Zimbabwe's capital city, has six universities, but only one polytechnic....Published: 18 Jun 2019 at 08:06hrs | 1 | by Jacob Kudzayi Mutisi
What the latest IMF report on Zimbabwe means
In the report, the International Monetary Fund (IMF) acknowledges the commitment by President Emmerson Mnangagwa's government to stabilise Zimbabwe's economy.The fund also reveals that the IMF...Published: 05 Jun 2019 at 08:01hrs | | by newZWire
How Mnangagwa's government is perpetuating fuel crisis
When the fuel crisis escalated last January, President Emmerson Mnangagwa was forced to announce a 150% price increase.Amid the outrage and riots which followed, one important detail went larg...Published: 15 May 2019 at 08:11hrs | 8 | by newZWire
Of market forces and price hikes
Not too long ago, three months ago in fact, fuel in Zimbabwe was cheaper than bottled water and flights from the country were some of the cheapest around. This was thanks to a fixed exchange rate that...Published: 23 Apr 2019 at 07:13hrs | | by newZWire
Ramaphosa's coded message to Mnangagwa
YOU can always trust South Africa President Cyril Ramaphosa to send coded messages to his comrades in Zimbabwe.In 2016, at the Zanu-PF annual conference in Masvingo, in a "solidarity speech" o...Published: 16 Mar 2019 at 05:15hrs | | by newZWire
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | | by Mike Murenzvi
The West judges Zimbabwe differently
The Western world judges Zimbabwe at a higher standard than it does other African countries, and that's not entirely a bad thing.The temptation is to demand that the European Union (EU) and th...Published: 17 Dec 2018 at 05:40hrs | 1 | by newZWire
ED sold himself as 'steady and firm hand' - unmasked, 'Mugabe mark 2'
"There have been other worrying signs. At the weekend, in a column for the Sunday Mail, Mnangagwa declared that illegal foreign currency trade had become a "security issue". Mangudya was also quoted i...Published: 17 Oct 2018 at 17:27hrs | | by Nomusa Garikai
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