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Time for US to reset relations with Zimbabwe
THERE is no better time for the United States to reset relations with a foreign country than at the change of administration.While US President Joe Biden will no doubt have a busy agenda, a ke...Published: 24 hrs ago | 1985 | by Marc Holtzman
ZBC hikes radio, TV licence fees
ZBC has hiked radio and television licence fees with motor vehicle radio licence fees rising to $450 from $300 per term. A radio licence for a household is now $75 per quarter in rural areas, ...Published: 26 Jan 2021 at 06:50hrs | 568 | by Staff reporter
Poor grain production hurting Zimbabwe economy
Zimbabwe has been a net importer of food for the past 2 decades and the country's import bill has increasingly featured grain imports with maize imports averaging 1.1 million Metric Tonnes (MT) per ye...Published: 25 Jan 2021 at 13:18hrs | 501 | by Victor Bhoroma
Rapper pokes Mnangagwa, Zanu-PF
SOUTH AFRICA-BASED Zimbabwean rapper and producer Titus "McTytoh" Marume through his song titled Mbuya Nehanda has warned youths that they will likely inherit ruins as the leadership was not acting to...Published: 24 Jan 2021 at 22:30hrs | 985 | by Staff reporter
Zimbabwean producer makes Master KG, Makhadzi tick
Master KG, Makhadzi and Team Mosha all have one name in common - that is Mr Brown. Born Lynol Siwela in Gweru, Mr Brown who is based in South Africa is the unsung creative genius who is puttin...Published: 24 Jan 2021 at 22:28hrs | 652 | by Staff reporter
ZSE outsmarts African peers
THE Zimbabwe Stock Exchange (ZSE) was the second best performing bourse, after the Egyptian Exchange, last week among seventeen regional stock markets tracked by researchers at African Markets....Published: 22 Jan 2021 at 06:41hrs | 334 | by Staff reporter
Exchange control regulations and export growth
The monetary policy committee for the Reserve Bank of Zimbabwe (RBZ) issued a circular with changes to export surrender requirements on the 7th of January 2021. The changes include immediately removin...Published: 20 Jan 2021 at 06:30hrs | 111 | by Victor Bhoroma
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 | 1412 | by Staff reporter
Minister throws party in violation of lockdown
Home Affairs Minister Kazembe Kazembe allegedly hosted a party at his Dorking farm during the weekend.Apparently, over a hundred people attended the party and social distancing was not observe...Published: 15 Jan 2021 at 08:23hrs | 8387 | by Anonymous Writer
'Zimbabwe inflation fall no cause for celebration'
ZIMBABWE's year-on-year inflation rate ended the year 2020 at 348,5% down from a high of more than 800% in July but analysts say it is no cause for celebration as it remains way too high."The ...Published: 15 Jan 2021 at 07:49hrs | 591 | by Staff reporter
Landela buying spree raises stink
PRESIDENT Emmerson Mnangagwa marked his triumphal entry into the citadel of power in 2017 by declaring that he would open the country up for business, thus promising a departure from the ruinous polic...Published: 15 Jan 2021 at 07:37hrs | 880 | by Cliff Chiduku
Zimbabwe's agriculture seen recovering despite challenges
ZIMBABWE should enjoy a decent harvest for all crops in the current season due to good rains that have been consistent in the past few weeks, farmers' organisations say.A good harvest for grai...Published: 14 Jan 2021 at 11:48hrs | 365 | by Staff reporter
DJ Fantan appeals against conviction
Jailed Zim dancehall producers DJ Fantan and Levels, together with promoter Boss Dammer, have approached the High Court seeking bail pending appeal against their conviction for violating Covid-19 regu...Published: 13 Jan 2021 at 09:07hrs | 1700 | by Staff reporter
Gold deliveries slump to lowest since 2014
Gold deliveries slumped to their lowest since 2014 falling 31% in 2020 as the sub sector marked a tumultuous year where the country failed to take advantage of a record rally on the price of the yello...Published: 11 Jan 2021 at 16:07hrs | 352 | by Staff reporter
Kuvimba: How to hide a mining giant in plain sight
A year ago, Kuvimba Mining House did not exist. now it could be the country's biggest gold producer.How? The answer shows how transparency is still not a thing for Zimbabwean authorities....Published: 10 Jan 2021 at 08:10hrs | 1555 | by Staff reporter
Mnangagwa's govt has no strategy beyond lockdown
PRESIDENT Emmerson Mnangagwa's government has no comprehensive Covid-19 plan beyond the strict 30-day lockdown triggered by a recent spike in cases, spelling trouble in the health sector for his broke...Published: 09 Jan 2021 at 18:38hrs | 1512 | by Staff reporter
Nurses are essential workers, the police must respect all essential workers
At around ten thousand strong, nurses are the backbone of the Zimbabwe healthcare industry, as well as its largest profession. Consistently ranked the most trusted profession in The world year after y...Published: 09 Jan 2021 at 09:16hrs | 1327 | by Dr Masimba Mavaza
The soft peg and local economic stability
Zimbabwe introduced the Dutch inspired foreign exchange auction system on the 23th of June to replace the fixed exchange rate (hard peg) of US$1: ZW$25 that had been in existence since 26 March 2020. ...Published: 08 Jan 2021 at 20:58hrs | 513 | by Victor Bhoroma
Kuvimba Mining to raise US$1 billion, eyes VFEX listing
Kuvimba Mining House, the newly created mining company, will seek to raise US$1 billion to recapitalise its assets, which it hopes will generate an ambitious US$1.5 billion per annum by 2023. ...Published: 05 Jan 2021 at 18:27hrs | 1100 | by Staff reporter
Zimbabwe mineral exports exceed target
ATTRACTIVE international prices for major minerals except gold, coupled with stability in the mining sector despite the COVID-19-related lockdowns has seen Zimbabwe's mineral exports exceed the projec...Published: 04 Jan 2021 at 22:25hrs | 234 | by Staff reporter
Heads roll at Matapi cop shop over Covid-19 super spreader New Year Eve gig
Zimbabwe Police Commissioner-General Godwin Matanga has suspended four police officers for failing to stop an illegal New Year's Eve concert in Mbare that violated Covid protocols.The suspende...Published: 04 Jan 2021 at 19:58hrs | 1313 | by Staff reporter
Afro-Sino economic relations in the 21st Century: Mixed Reactions and Misinterpretations
The Author is a Master of Science in International Trade and Diplomacy student at the University of Zimbabwe. He holds a MSc degree in Development Studies (National U...Published: 04 Jan 2021 at 19:21hrs | 223 | by Livingstone Kazizi
DJ Fantan arrested
Zim dancehall producer DJ Fantan and music promoter Dammer have been arrested for organising a Covid-19 super spreader New Year's Eve party in Mbare. Fantan - real name Arnold Kamudyariwa and ...Published: 04 Jan 2021 at 07:41hrs | 2606 | by Staff reporter
Zimbabwean linked US hip-ho artists MF Doom dies
MF Doom, one of US hip-hop's most distinctive and respected MCs and producers, has died aged 49.His wife Jasmine posted on his Instagram account:"The ...Published: 02 Jan 2021 at 08:29hrs | 968 | by Staff reporter
Zimbabwe artistes face a bleak 2021
TOMORROW we celebrate the New Year as we wave goodbye to the disastrous 2020.The year 2020 will be remembered as a painful one after the world was hit by the COVID-19 pandemic.Caught u...Published: 31 Dec 2020 at 10:38hrs | 70 | by Plot Mhako
Zimdancehall chanter wins US$10,000
RISING Zimdancehall artiste and Lower Six student at Washington Hills High, Keith "Spucky B" Antonio (19), has emerged the ultimate winner of the US$10K grand prize for the Sasai African and Talented ...Published: 29 Dec 2020 at 07:01hrs | 691 | by Staff reporter
Zimbabwe pins hopes on 2021
THE year 2020 ends this week amid renewed optimism among Zimbabweans for a brighter new year, predicated on the emerging economic stability and hope for a robust lift off.For most Zimbabweans,...Published: 27 Dec 2020 at 06:59hrs | 197 | by Staff reporter
President Mnangagwa 'Develop a Strategic Thinking Approach'
During Mugabe's era, you would easily recite cabinet Ministers without reading from any script, alas today, I can only remember maybe less than five Ministers unless you visit their offices. What is t...Published: 26 Dec 2020 at 15:43hrs | 1242 | by Tinashe Eric Muzamhindo
Spectre of a donor-funded Christmas
AS MANY across the globe get into the swing of Christmas festivities, millions of people in Zimbabwe living on less than US$1 a day are turning to donor agencies and well-wishers for survival....Published: 26 Dec 2020 at 08:47hrs | 92 | by Staff reporter
Bread price jumps 13,8%
THE price of a standard loaf of bread has risen by 13,8 percent this week to $82 from $72 and consumers feel the move is not justified. Some retailers, who had already effected the latest pric...Published: 25 Dec 2020 at 07:11hrs | 1001 | by Staff reporter
Economic growth stimulus precedes taxation
Zimbabwe's 2021 national budget paints a picture of sustained austerity in the mid-term, with increases in taxes for various sectors of the depressed economy. A 126% jump in budgeted tax revenue colle...Published: 22 Dec 2020 at 19:28hrs | 376 | by Victor Bhoroma
KayNine Studios set to benefit artistes in Sadc set up
A new record label, KayNine Studios set to benefit Southern African artistes has been launched by Zimbabwe-born and South Africa-based Khumbu Malinga recently.The new record label is headquart...Published: 20 Dec 2020 at 20:35hrs | 129 | by Staff reporter
Farmworkers demand forex
FARM workers say the government must consider paying farmers in foreign currency for deliveries of cash crops so that the producers can pay their workers reasonable wages.Raymond Sixpence, a P...Published: 20 Dec 2020 at 07:27hrs | 400 | by Staff reporter
Imports cripple milling industry?
THE local milling industry's capacity utilisation has dropped below 20 percent as maize meal and flour imports pile pressure on local producers. The Grain Millers Association of Zimbabwe (GMAZ...Published: 18 Dec 2020 at 06:07hrs | 127 | by Elliot Ziwira
RBZ ends Fidelity Printers monopoly
THE Reserve Bank of Zimbabwe (RBZ) has privatised its gold refining business, ending a monopoly that has been enjoyed by Fidelity Printers and Refiners. Fidelity controls Zimbabwe's gold ...Published: 17 Dec 2020 at 07:06hrs | 935 | by Staff reporter
Master KG promotes Zimbabweans on upcoming Jerusalema album
South African musician and record producer, Master KG is rising fast and he is doing so with Zimbabwean artistes, Nox Guni, Tyfah Guni and Mr Brown who he has been working with on various projects thi...Published: 17 Dec 2020 at 06:53hrs | 399 | by Staff reporter
RBZ to sell Fidelity Printers & Refinery
Reserve Bank of Zimbabwe has announced its intention to unbundle and dispose of part of its stake in Fidelity Printers and Refiners.According to a statement from RBZ governor John Mangudya, th...Published: 16 Dec 2020 at 15:09hrs | 1880 | by Staff reporter
Las Vegas investor takes a gamble on a Zimbabwean gold mine
An investment firm run by Las Vegas investor, former casino operator and race car owner Michael Luzich is a step closer to taking over a small gold mine in Penhalonga, putting down a US$200 000 deposi...Published: 16 Dec 2020 at 14:01hrs | 749 | by Staff reporter
King 98 lightens up Xmas with Tanzanian connection
Zimbabwean rapper, King 98 has teamed up with two Tanzanian music sensations, Juma Jux and Shebby Medicine to lighten up the festive mood with an explosive hit song, Jogodo which is a fusion of Afro-p...Published: 15 Dec 2020 at 14:47hrs | 262 | by Simbarashe Mwandipendaa
10 new mini-factories for Matebeleland North Province
A TOTAL of 10 mini-factories will be shortly established to manufacture high-value leather products in rural Matebeleland North province following the handover yesterday of brand-new equipment sourced...Published: 15 Dec 2020 at 06:05hrs | 415 | by Staff reporter
IPPs now producing 135MW as ZERA cancels 8 licences
The Zimbabwe Energy Regulatory Authority (ZERA) says only 19 independent power producers (IPPs) are operational from the 88, which have been licenced to date while eight licences were cancelled for fa...Published: 14 Dec 2020 at 14:06hrs | 779 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 381 | by Victor Bhoroma
PG Industries relocates its Bulawayo Centre
GIANT building materials producer and supplier, PG Industries, has relocated its Bulawayo PG Centre branch from Donnington Industrial Area to Belmont Industrial Area. For many years, the compa...Published: 14 Dec 2020 at 07:10hrs | 655 | by Staff reporter
Zimbabwe's minerals revenue hits US$2 billion
MINerAL revenues reached US$1,95 billion at the end of October this year, beating a projected US$1,52 billion target set by the Minerals Marketing Corporation of Zimbabwe (MMCZ), official statistics s...Published: 13 Dec 2020 at 08:03hrs | 304 | by Staff reporter
Rains raise hopes of bumper harvest
LOCAL farmers have started the summer season at a blistering pace and have already planted more than 80 percent of the targeted hectarage of maize, laying the foundation for a bumper harvest in the co...Published: 13 Dec 2020 at 08:01hrs | 319 | by Staff reporter
Mthuli Ncube 'reneges' on 2% royalty tax
Finance minister Mthuli Ncube has ‘reneged' on a cabinet-approved plan to cut two percent royalty fee on gold delivery at Fidelity Printers and Refiners, which would immensely benefit small scale pr...Published: 10 Dec 2020 at 06:54hrs | 1862 | by Staff reporter
Why Zimbabwe's electric vehicle vision may flop
A strategic plan twinning the development of electric vehicle (EVs) in Zimbabwe and commensurate investment into the power industry will be key to sustaining their presence on the country's roads, acc...Published: 09 Dec 2020 at 17:07hrs | 1099 | by Staff reporter
Farmers protest diesel price hike
THE recent increase in the price of diesel by the Zimbabwe Energy Regulation Authority (Zera) looks set to negatively affect farmers in the ongoing 2020/21 cropping season, the Daily News can report....Published: 09 Dec 2020 at 06:21hrs | 1535 | by Staff reporter
Zimbabwe govt is robbing gold miners
AN intricate web of Zimbabwean State firms and agencies are being used as government conduits to buy gold from artisanal miners at a song thereby impoverishing thousands of people who have turned to b...Published: 08 Dec 2020 at 21:32hrs | 390 | by Staff reporter
Cont Mhlanga threatens to sue
KeYona TV chairperson, Cont Mhlanga is fuming and has threatened to sue all those who made claims on social media that their television station was awarded a licence because of his affiliation to Zanu...Published: 08 Dec 2020 at 06:28hrs | 618 | by Staff reporter
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