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RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 236 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 256 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 791 | by Tendai Ruben Mbofana
Nyasha Magadhi: A Trailblazer in Zimbabwe's Mining Industry
Born: May 29, 2000 Occupation: Mining Entrepreneur, Consultant, Youth Advocate Founder: WeMine Zimbabwe, Ore Min...Published: 26 Sep 2024 at 17:09hrs | 1496 | by Simbarashe Sithole
ZiG sabotage
The introduction of the Zimbabwe Gold currency (ZiG) nearly five months ago has contributed to noticeable stability and low inflation, largely due to the Reserve Bank of Zimbabwe's (RBZ) rigorous meas...Published: 10 Sep 2024 at 08:49hrs | 6493 | by Staff reporter
RBZ predicts further Zimbabwe economic downturn
The Reserve Bank of Zimbabwe (RBZ) has revised its 2024 economic growth forecast down to 2%, citing the severe drought's impact on economic activity. This is a sharp decline from earlier estim...Published: 06 Sep 2024 at 14:42hrs | 2580 | by Staff reporter
Zimbabwe govt must support ZiG currency through raft of solid measures
THE Reserve Bank of Zimbabwe (RBZ) has been urged to implement a raft of measures, including fiscal discipline, public consultation and policy consistency, if the newly introduced Zimbabwe Gold (ZiG) ...Published: 19 May 2024 at 11:55hrs | 4 | by Staff reporter
Zanu-PF councillor under fire
A Zanu-PF councillor has been accused of illegally parcelling out land in Matebeleland North's Bubi district to desperate land seekers from as far as Midlands.Villagers from ward 14 also accus...Published: 07 Apr 2024 at 21:03hrs | | by Staff reporter
Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independen...Published: 25 Feb 2024 at 09:27hrs | | by Staff reporter
Prominent Zanu-PF member joins Zapu
A Zanu-PF official in Matabeleland North, Jonathan Nkanyezi Sibanda, has rejoined ZAPU, claiming the ruling party has no principles and that the party leadership often sidelines him and incites member...Published: 07 Feb 2024 at 20:34hrs | 9 | by Staff reporter
War vets, Zanu-PF youths' land dispute rages on
The Kusile Rural District Council says it cannot intervene in a land dispute pitting war veterans against Zanu-PF youths because the allocation of plots at a farm in Gwayi was done by central governme...Published: 15 Jan 2024 at 05:24hrs | | by Staff reporter
ZLHR stops displacement of villagers
MUTARE High Court Judge Justice Isaac Muzenda has ordered Chipinge Rural District Council (CRDC) to stop excavating, constructing roads and pegging residential stands within Maunganidze Communal Lands...Published: 15 Dec 2023 at 21:49hrs | 2 | by Stephen Jakes
Mthuli Ncube's budget has strong traits of capitalism
THE Zimbabwe Congress of Trade Unions (ZCTU) has slammed the just passed 2024 National Budget describing it as largely anti-welfare.This follows the tabling of a ZW$58,2 trillion National Budg...Published: 02 Dec 2023 at 05:45hrs | 8 | by Staff reporter
Will the new ‘ZiG' ‘gold backed' digital currency alleviate Zimbabwe's currency stability woes?
THE chronic problem of Zimbabwe's economy has its roots in the land reform activities that began more than 30 years ago.The principle of ‘ethnic balance' in land ownership was fair. The prob...Published: 08 Oct 2023 at 08:02hrs | 1 | by John Mc Keown
Zimbabwe's small scale miners take Minister to task over bottlenecks
The Zimbabwe Miners Federation (ZMF) convened with the newly appointed Mines Minister on Friday to discuss the complex challenges afflicting the sector.Annually, the sector's miners contribute...Published: 01 Oct 2023 at 07:25hrs | | by Staff reporter
Ex-Zimbabwe Minister sues over farm eviction
FORMER Co-Minister of National Healing and Integration, Moses Mzila Ndlovu who is facing eviction from his farm in Matobo District, Matabeleland South Province which he claimed he has occupied for the...Published: 08 Sep 2023 at 06:39hrs | | by Staff reporter
Outcry over Zimbabwe varsity fees increase
THE marginal increase in fees for public university students is meant to meet operational costs while ensuring quality education at a time when the Government is subsidising tuition fees and levies by...Published: 30 Aug 2023 at 06:44hrs | | by Staff reporter
Mnangagwa's govt okays US$ university fees
UNIVERSITIES have been given the go ahead to peg their fees in United States dollars while allowing use of local currency convertible at interbank rate at the time of payment with Government reaffirmi...Published: 20 Aug 2023 at 09:27hrs | 8 | by Staff reporter
'Zimbabwe to record biggest inflation decline'
Zimbabwe is expected to record the biggest fall in inflation in the southern African region next year, according to the latest report by the African Development Bank (AfDB).This is largely due...Published: 04 Aug 2023 at 06:37hrs | 9 | by Staff reporter
Human rights lawyers rescues disgruntled villagers as court stop Chinese illegal operations
A ZIMBABWEAN court has stopped Labenmon Investments, a Chinese mining company, from conducting illegal mining operations on ancestral land belonging to some Mutoko villagers in Mashonaland East provin...Published: 26 Jul 2023 at 20:14hrs | 12 | by Stephen Jakes
Another school under makorokoza threat
FIXED infrastructure and movable property at Kwekwe's Camelot Group of Schools is under threat from illegal mining activities that are taking place within the premises and outside.Worryingly, ...Published: 26 Jul 2023 at 06:37hrs | | by Staff reporter
Criminal law amendment will close loopholes, says Zanu-PF
The Criminal Law (Codification and Reform) Amendment Act, which was signed into law last Thursday by President Mnangagwa, closes loopholes that were previously taken advantage of by the country's erst...Published: 17 Jul 2023 at 06:52hrs | 10 | by Staff reporter
Money-spinning in Zimbabwe shadow economy
WHILE local shoppers traditionally flocked to big groceries and supermarkets for bargains on consumer goods, of late, they have been trooping to "tuckshops" in downtown Harare, where basic commodities...Published: 25 Jun 2023 at 09:31hrs | 3 | by Staff reporter
Retailers defy Mnangagwa's government
SOME big supermarkets in Bulawayo are now exclusively charging certain goods and products in foreign currency and using the black-market rate for currency conversions in defiance of Government monetar...Published: 15 Jun 2023 at 06:44hrs | | by Staff reporter
ZEC's hefty nomination fees unite political rivals
Zimbabwe's three main political parties will find cause to unite in parliament this coming week as they seek to strike down exorbitant nomination fees pegged by the Zimbabwe Electoral Commission (ZEC)...Published: 12 Jun 2023 at 06:43hrs | 1 | by Staff reporter
Zimbabwe govt departments warned for dumping Zimdollar
Finance and Economic Development secretary George Guvamatanga has warned government departments to desist from giving preference to clients paying for services in US dollars as opposed to local curren...Published: 29 May 2023 at 06:43hrs | | by Staff reporter
Zimbabwe govt takes price madness head-on
Government, whose responsibility is to protect the consumer and ensure stability, will "take all measures necessary", including painful ones if need be, to ensure price stability, the President has sa...Published: 21 May 2023 at 08:02hrs | | by Staff reporter
Demanding school fees in USD only illegal, says Govt
It is illegal for schools to demand fees in Us dollars only without the alternative for parents to pay in local currency, the National Assembly heard on Wednesday.Zimbabwean schools opened on ...Published: 13 May 2023 at 18:24hrs | | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 09 May 2023 at 06:05hrs | 55 | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 08 May 2023 at 06:13hrs | 2 | by Staff reporter
Zimbabwe parents cry foul over forex fees
SCHOOLS open for the second term of the year today amid high hopes of smooth learning while parents have expressed concern over the increase in prices and fees by some boarding schools, which are now ...Published: 08 May 2023 at 06:10hrs | 10 | by Staff reporter
Young Miners4ED, speak
The president of Young Miners for Economic Development has urged young miners to invest in mining and go through proper channels in pegging and registering mining activities.Speaking to this p...Published: 27 Apr 2023 at 14:25hrs | 3 | by Desire Tshuma
Zimbabwe price spikes spook consumers
A NEW wave of price hikes, triggered by the plummeting local currency on the parallel market, has thrown many consumers off balance.As of yesterday, the local currency was trading between $1 8...Published: 26 Apr 2023 at 06:35hrs | | by Staff reporter
Nkayi clinic proposal vanishes
AN application for the construction of a clinic in the Mtshabi area, ward 5 in Nkayi, Matabeleland North province, has reportedly disappeared.Villagers, who are currently walking an average of...Published: 31 Mar 2023 at 17:56hrs | | by Staff reporter
4 000 Zvimba families escape eviction
At least 4 000 families residing at Spitzkop Farm in Zvimba, Mashonaland West have survived a plot by a Zanu-PF-linked housing cooperative to evict them from their plots.This emerged last week...Published: 05 Mar 2023 at 06:24hrs | 6 | by Staff reporter
Court stalls eviction of 4 000 Harare families
THE High Court has granted an interim relief to over 4000 families from Spitzkop Farm in Zvimba who were facing eviction after a company linked to Zanu-PF youth Vevhu Resources, was stopped from...Published: 01 Mar 2023 at 07:06hrs | | by Staff reporter
Mnangagwa asked to intervene in mine row
THE Ministry of Industry and Commerce has requested President Emmerson Mnangagwa to intervene in a mining wrangle between Chemplex Corporation and a former executive with the Industrial Development Co...Published: 25 Feb 2023 at 07:09hrs | 7 | by Staff reporter
Zanu-PF youths, police clash in Goromonzi
RUNNING battles erupted in Goromonzi yesterday between police and an estimated over 1 000 Zanu-PF youths who had invaded a farm before pegging and allocating themselves pieces of land.Several ...Published: 13 Jan 2023 at 05:50hrs | 9 | by Staff reporter
Govt clarifies school fees forex payments
PEGGING school fees in foreign currency is allowed but parents and guardians retain the right to pay fees in the currency of their choice at the prevailin...Published: 06 Dec 2022 at 03:47hrs | | by Staff Reporter
Parirenyatwa's doctors on-call doctors sleep in cars
DOCTORS based at Parirenyatwa Group of Hospitals have demanded a meeting over the deteriorating conditions at the hospital which they say are leading to patients dying from preventable illnesses....Published: 01 Dec 2022 at 05:00hrs | 1 | by Staff reporter
Govt okays forex only school fees
THE Government will not stand in the way of schools that decide to charge fees exclusively in foreign currency as long as there is consensus among parents and guardians of learners, an official has sa...Published: 27 Nov 2022 at 13:14hrs | | by Staff Reporter
Zimbabwe hikes court fees, further pegs services in US dollars
Zimbabwe has increased fees and further introduced US dollar payments for all services obtained within the country's courts, something that continues to put access to justice beyond the reach of the p...Published: 16 Nov 2022 at 19:40hrs | | by Staff reporter
Another 'moment of madness' brewing in ZImbabwe
THE timing of a 45-day blitz to flush out illegal settlers announced by Harare Metropolitan Province on Thursday demonstrates the deep administrative lapses that continue to haunt Zimbabwe.The...Published: 14 Nov 2022 at 05:14hrs | | by Staff reporter
Malunga trial kicks off under protest
THE trial of human rights lawyer, Siphosami Malunga and his two business partners Zephaniah Dhlamini and Charles Moyo on charges of illegal occupation of Umguzana Farm popularly known as Esidakeni, ha...Published: 03 Nov 2022 at 05:06hrs | 2 | by Staff reporter
Zimbabwe govt lacks spine
THE Zanu-PF government is at long last trying to get back to the basics on its initial promises at Independence in 1980, reintroducing a minimum wage.However, questions will continue to linger...Published: 22 Oct 2022 at 05:41hrs | 1 | by Paidamoyo Muzulu
Mnangagwa's govt proposes US$150 minimum wage
GOVERNMENT yesterday proposed to push through a US$150 minimum wage or the equivalent in local currency at the prevailing bank rate across all sectors.Speaking during a post-Cabinet briefing, ...Published: 19 Oct 2022 at 06:00hrs | 1 | by Staff reporter
Mnangagwa jolts Zimbabwe ministers into compromise agreement
PRESIDENT Emmerson Mnangagwa was recently forced to compel 13 ministers who sit in the Tripartite Negotiating (TNF) Forum to urgently attend meetings to discuss solutions to worsening economic hardshi...Published: 16 Oct 2022 at 19:30hrs | 1 | by Staff reporter
Parking fees too high for Bulawayo'
BULAWAYO businesses and residents associations have insisted that fees under the new parking system implemented by the Bulawayo City Council (BCC) in partnership with the privately-owned company Tendy...Published: 07 Sep 2022 at 06:40hrs | 4 | by Staff reporter
Qoki Zindlovukazi constructs 200 townhouses
QOKI Zindlovukazi is building more than 200 townhouses in Bulawayo that will accommodate its founders, who are diaspora-based Zimbabwean women, once they retire from their jobs overseas.The co...Published: 05 Sep 2022 at 06:39hrs | 1 | by Staff reporter
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