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Fixed Exchange Rate: More harm than good
The Reserve Bank of Zimbabwe suspended the new managed floating exchange rate and introduced the fixed exchange rate of 1 US Dollar to 25 Zimbabwean Dollars on the 26th of March 2020. Two weeks earlie...Published: 8 hrs ago | 1319 | by Victor Bhoroma
Mnangagwa running out of time
PRESSURE is mounting on the country's political leadership to put their differences aside and hold much-needed dialogue to help end the country's deepening economic crisis.This comes as life f...Published: 9 hrs ago | 5358 | by Staff reporter
Zimbabwe fuel crisis set to worsen
DESPERATE motorists are set to endure more anguish at fuel pumps, after authorities admitted at the weekend that they were struggling to get foreign currency to import petrol and diesel.This c...Published: 9 hrs ago | 1665 | by Staff reporter
COVID-19 delays April inflation stats
THE Zimbabwe National Statistical Agency (ZimStat) says it has delayed the publication of last month's inflation figures due to the COVID-19-induced lockdown that crippled the data collection process....Published: 14 hrs ago | 194 | by Staff reporter
The fear of lightening is called astraphobia
Folklore and hearsay has it that some people from Manicaland could and still can 'even it out' with home made lightening. The fear of lightening is called astraphobia which is very prevalent i...Published: 24 hrs ago | 101 | by Thomas Tondo Murisa
Zimdollar crashes
LONG suffering Zimbabweans will have to dig deeper into their pockets to survive, after prices of basic goods went up sharply again at the weekend - on the back of the collapsing Zim dollar.At...Published: 24 May 2020 at 16:50hrs | 8600 | by Staff reporter
The international elites are at the gate!
AS the month of November draws near and the United States national elections in the first week of November become a reality, it behoved me to search with diligence why this is an explosive season. The...Published: 24 May 2020 at 09:22hrs | 649 | by Kenneth Mufuka
'Zimdollar under siege again'
The Zimbabwe dollar is once again reeling under unrelenting pressure from speculative activities by crafty individuals seeking personal gain, it has been learnt.The Reserve Bank of Zimbabwe (R...Published: 24 May 2020 at 08:10hrs | 634 | by Staff reporter
Zimbabwe diasporans eligible for land allocation back home
ZANU PF United Kingdom and Europe chair, Marshall Gore has encouraged the Diaspora Community at large to apply for land back home during the build-up to the second phase of the equitable land redistri...Published: 23 May 2020 at 19:39hrs | 2802 | by newzimbabwe
RBZ can't import forex to buy gold
THE Reserve Bank of Zimbabwe is failing to ship in enough foreign currency to pay for gold purchases, a miners' group says.Fidelity Printers & Refiners (FPR), the central bank unit which i...Published: 23 May 2020 at 08:51hrs | 3578 | by Staff reporter
Government speaks on fuel hike claims
Government has said it will only announce fuel prices on the gazetted 5th of every month and the public should ignore false claims regarding price hikes that have been circulating since long queues re...Published: 23 May 2020 at 08:32hrs | 1390 | by Staff reporter
America wants Mnangagwa, Chamisa talks
WITH Zimbabwe's political and economic crises deepening, the United States of America (USA) and the European Union (EU) have once again implored authorities to engage the MDC to end the country's myri...Published: 22 May 2020 at 20:14hrs | 3816 | by Staff reporter
People living with HIV in dilema-ZPP
The Zimbabwe Peace Project has revealed that in a survey conducted in various districts respondents were at pains to explain that people living with HIV and AIDS are struggling to have the recommended...Published: 22 May 2020 at 11:51hrs | 1733 | by Stephen Jakes
'Money printing impact is worse than Covid-19'
THE Zimbabwe National Chamber of Commerce (ZNCC) has warned government against printing money to fund the ZW$18 billion Covid-19 Economic Recovery and Stimulus Package saying to do so will have a more...Published: 22 May 2020 at 07:25hrs | 1326 | by Staff reporter
Zimbabwe's politics, priorities (II)
IT is important to analyse why Zimbabwe was successful in the first two decades of Independence, and became a failure in the second two decades. One fundamental reason is that the whole nation was uni...Published: 22 May 2020 at 07:21hrs | 899 | by Fay Chung
Queen B in Zupco buses procurement scandal
LEAKED government documents this week confirmed that buses initially said to belong to Zimbabwe United Passenger Company (Zupco) were imported by a private company Landela Investments (Landela), befor...Published: 22 May 2020 at 07:18hrs | 4580 | by Staff reporter
'Over-reliance on China to derail Zimbabwe recovery'
ZIMBABWE is highly exposed to any sharp economic slowdown in China due to what will likely be an overreliance on the Asian economic powerhouse for financial support.There are fears the escalating ...Published: 22 May 2020 at 07:17hrs | 517 | by Staff reporter
Cost of living increases to $7 171
THE cost of living in Zimbabwe skyrocketed by $324 to $7 171 by end of April last month due to an increase in fuel prices, limited supply of basic products as well as panic buying by consumers because...Published: 22 May 2020 at 07:09hrs | 1782 | by Staff reporter
Mobile money agents' 'illicit' deals exposed
THE Reserve Bank of Zimbabwe (RBZ) through its Financial Intelligence Unit (FIU) has established that most mobile money agent accounts were being abused and used as a conduit for illegal transactions ...Published: 22 May 2020 at 06:26hrs | 1594 | by Staff reporter
Dumb criminals: US$20 000 watch sold for 30 bond
TWO youths from Bulawayo allegedly stole a US$20 000 wristwatch from a house in Montrose suburb and sold it for $30 (about US50 cents on the streets). The watch was part of the $1,5 million loot the d...Published: 22 May 2020 at 06:25hrs | 1177 | by Staff reporter
'EU and US light fires under Mnangagwa' over abduction - nothing to fear, umpteenth empty threat
"EU, UK, US light fires under Mnangagwa!" screamed the Bulawayo24 headlines!There is increasing pressure on the regime to explain the country's worsening human rights violations including the ...Published: 22 May 2020 at 00:24hrs | 1915 | by Wilbert Mukori
Mnangagwa warns Chamisa
GOVERNMENT yesterday accused opposition MDC Alliance leader Nelson Chamisa of putting people's lives in danger by embarking on unsanctioned demonstrations but was mum on the alleged abduction and assa...Published: 21 May 2020 at 08:06hrs | 7735 | by Staff reporter
Mangudya likens money changers to coronavirus
RESERVE Bank of Zimbabwe governor John Mangudya (pictured) yesterday likened parallel market dealers to the coronavirus which is causing havoc to the economy. Appearing before the Parliamentar...Published: 21 May 2020 at 07:56hrs | 1319 | by Staff reporter
PAC was meant to advice Mnangagwa, he should now listen
WHEN President Emmerson Mnangagwa appointed a Presidential Advisory Council in January last year, it was taken as a sign that Zimbabwe was indeed in a new dispensation and that it was open for busines...Published: 21 May 2020 at 07:44hrs | 3508 | by Staff reporter
RBZ not printing more money, says Mthuli Ncube
FINANCE Minister Mthuli Ncube has said the printing of new $10 and $20 denominations does not translate to the Reserve Bank of Zimbabwe (RBZ) printing more money, but it was merely swapping RTGS balan...Published: 21 May 2020 at 07:12hrs | 2394 | by Staff reporter
WATCH: Mangudya blames demons for economic collapse
Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya told Parliament on Wednesday that he does not know the causes behind the dying Zimbabwe economy.Mangudya told parliamentarians that th...Published: 21 May 2020 at 00:09hrs | 6011 | by Mandla Ndlovu
Harare hit by crime wave amid COVID-19 lockdown, residents organise neighborhood watch committees
The current lockdown currently underway to fight coronavirus pandemic has seen a surge in crime as people are hard-struck to make a decent living in Harare. Residents took to social media time...Published: 20 May 2020 at 07:48hrs | 1568 | by Josiah Mucharowana in Pretoria
Fuel queues resurface
LONG fuel queues have resurfaced across the country as traffic increased following the easing of the national lockdown measures by President Emmerson Mnangagwa to allow companies to operate.In...Published: 20 May 2020 at 07:33hrs | 777 | by Staff reporter
'Zimdollar is world's second junkiest currency'
RENOWNED American economist, Steve Hanke says Zimbabwe has the second "junkiest" currency in the world owing to its continued fall.According to Hanke, from end of December 2019 to May 14, the ...Published: 20 May 2020 at 07:27hrs | 1677 | by Staff reporter
Deported convicts wreak havoc in quarantine centres
Four returnees from South Africa, believed to have been recently released from prison, are now quarantined for an unspecified period in remand prison cells after their arrest for theft and violence wh...Published: 20 May 2020 at 06:51hrs | 690 | by Staff reporter
New $10 notes start circulating
Some banks yesterday started issuing new $10 notes to customers queuing for cash, although others said they would only start availing them today. The red $10 notes were put into circulation by...Published: 20 May 2020 at 06:50hrs | 496 | by Staff reporter
Banks to swap RTGS for new notes: RBZ
THE Reserve Bank of Zimbabwe (RBZ) says banks will have to swap RTGS balances for new higher denomination notes, as part of the bank's strategy to keep a firm grip on money supply growth. The ...Published: 20 May 2020 at 06:50hrs | 932 | by Staff reporter
Complete guide on how to stop spending above your means and what to do when it is too late
Let's agree that often we spend too much on many things and forget that money might come to an end. This is the moment when you might realize that there is a lot of time left before the next paycheck,...Published: 19 May 2020 at 18:46hrs | 684 | by Staff writer
R1,4m contraband seized
South African police in Limpopo intercepted four vehicles carrying cigarettes worth R1,4 million suspected to have been smuggled from Zimbabwe across the Limpopo River. Owners of the contraband disapp...Published: 19 May 2020 at 07:11hrs | 515 | by Staff reporter
Dr Joshua Nkomo and the Calamity of Honesty
Very few people in the history of mankind and Zimbabwe will match Dr Joshua M.Nkomo's selflessness and tolerance, commitment to equality and love of Zimbabwe. He was a man whose eyes refused to se...Published: 18 May 2020 at 09:48hrs | 2546 | by Mqondobanzi Nduna Magonya
Sikhosana death 'shakes Zanu-PF'
Vice-President Kembo Mohadi has said the late national hero Absolom Sikhosana was a dedicated and loyal cadre with unquestionable credentials. He made the remarks yesterday while delivering a condolen...Published: 18 May 2020 at 07:23hrs | 2982 | by Staff reporter
Shifting Attitudes on Higher Education: A Radical Approach to Bridging the Critical Skills Gap
Young people are Africa's most valuable and the single most important key to unlocking sustainable economic growth. The United Nations' Strategic Development Goals (SDG 4) commits countries to ensure ...Published: 17 May 2020 at 21:05hrs | 557 | by Nkosilathi Lesley Ngwenya
Covid-19 economic stimuli is not alive to a SME driven economy
Zimbabweans cannot reasonably expect President Emmerson Mnangagwa government to handle the twin challenges of the Covid-19 pandemic and the economy without making mistakes. However In times of crisis,...Published: 17 May 2020 at 15:07hrs | 233 | by Brian Sedze
Zimbabwe sport's top earners
THE secrecy around sportspersons' salaries and earnings in Zimbabwe has been around for decades but as the world of sport has developed into big business, that veil is slowly being lifted and these is...Published: 17 May 2020 at 09:31hrs | 865 | by Staff reporter
'Sekeramayi is presidential material,' says Moyo – He was nothing but Mugabe's poodle!
"When I worked with Mnangagwa, he wasn't a president & he had no presidential qualities. I worked with Mugabe, a great nationalist but weak policy implementer," former Zanu PF chief strategist Pro...Published: 16 May 2020 at 14:47hrs | 4696 | by Patrick Guramatunhu
These strange funerals
In 2004 I attended a bizarre funeral ever. It took place in sleepy tiny English village on the outskirts of Salisbury, Wiltshire County, United Kingdom. I had taken a temporary live-in care worker job...Published: 16 May 2020 at 07:46hrs | 1531 | by Miriam Tose Majome
Withdrawal limit increased
DEPOSITORS will be able to withdraw up to $1 000 weekly starting next Tuesday, the same day when new $10 and $20 notes will be introduced into circulation, the Reserve Bank of Zimbabwe (RBZ) said yest...Published: 16 May 2020 at 07:15hrs | 893 | by Staff reporter
UK based Zimbabwean woman dies of coronavirus
A United Kingdom based Zimbabwean woman has died of coronavirus with popular radio personality Ezra Tshisa Sibanda pouring out on how her family has been tormented by death.Nothando Mafu, died...Published: 15 May 2020 at 17:26hrs | 2546 | by Wellington Toni
Mupfumi hopes to reclaim constituency
MUTARE - Esau Mupfumi is the only Zanu PF politician to ever be voted into parliament for an entirely urban constituency in Mutare since 2000.And he is hoping to have a second bite of the cher...Published: 15 May 2020 at 15:33hrs | 1503 | by Ngoni Shumba
Zimbabwe lockdown likely to stay
THE Covid-19 lockdown is likely to be extended for a third time beyond May 17, but more restrictions may be further eased in areas that are not at high risk, official sources told the Zimbabwe Indepen...Published: 15 May 2020 at 08:26hrs | 6544 | by Staff reporter
Zanu-PF missing the target
MDC-AlliAnCe leader nelson Chamisa is simply a face representing an ongoing struggle against a multifaceted catastrophe that has been ravaging the livelihoods of the ordinary people of Zimbabwe for fa...Published: 15 May 2020 at 08:20hrs | 1294 | by Gumisai Nyoni
Zimbabwe's politics, priorities (I)
A NEW Zimbabwe is struggling to be born. Up till now, Zimbabwe has still been living with the visions of the 1950s and 1960s, tempered by the visions of the liberation struggle of the mid-1960s and 19...Published: 15 May 2020 at 08:17hrs | 390 | by Fay Chung
Clampdown on forex dealers hits importers
IN the wake of the Reserve Bank of Zimbabwe (RBZ)'s latest swoop on several bureaux de change and closure of EcoCash agent facilities in a bid to tame currency volatility and illicit foreign currency ...Published: 15 May 2020 at 08:08hrs | 1476 | by Staff reporter
German firm prints, delivers 60 tonnes of Zimbabwe's new bank notes
Zimbabwe on Thursday received 60,000kg (60 tonnes) in freshly-printed higher denomination bond notes, which the central bank says will go into circulation at the end of the month.The RBZ annou...Published: 14 May 2020 at 13:07hrs | 16004 | by Staff reporter
18 MDCA Mutare City Fathers and Mothers backs Chamisa
Eighteen MDC Alliance councillors in Mutare has declared their support for for their leader Nelson Chamisa.Mutare MDC Alliance Council Chief Whip Edson Kalulu said May was a voluntary referend...Published: 14 May 2020 at 10:34hrs | 1883 | by Stephen Jakes
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