Bulawayo24 News - Skyes! "it makes perfect sense"

Prioritise locals over Chinese contractors for the benefit of Zim economy

Kenyan law professor Patrick Lumumba gets animated when he talks about China's rising influence on the African continent where governments get blinded by their fraternal ties with the Communist Party to the point of ignoring despicable con…

Published: 30 Sep 2020 at 09:51hrs | | by Anthony Matutu

Introducing a new currency was Zimbabwe's only viable option

Zimbabwe, the country I serve as finance minister, has been in the news for restricting the use of the US dollar and other international currencies as legal tender. Why would we want to return to our own currency, given such recent, home-m…

Published: 28 Aug 2019 at 17:24hrs | | by Prof Mthuli Ncube

Destitute cops invade police station as Zim govt verges on collapse

Scores of police officers who have become homeless because they cannot afford rentals have pitched tents at Victoria Falls Police Station. The overwhelmed station allegedly sent an urgent SOS to government on Saturday and still awaits a re…

Published: 08 Jun 2019 at 18:50hrs | | by Methusi Ncube

Making things simple

Finance Minister Mthuli Ncube has a droll sense of humour. He says he decided to name Zimbabwe's latest local currency the RTGS dollar so as not to confuse the public! Of course, even those in remote rural areas know that RTGS stands …

Published: 19 May 2019 at 20:20hrs | | by ZimVigil

The Army is coming after you Mr. President, just like what happened to Omar al-Bashir in Sudan

The trigger for the demonstrations that brought the downfall of President Omar al-Bashir in April was the trebling of the price of bread last December. It came after a devaluation of the Sudanese pound in an effort to make the official rat…

Published: 18 May 2019 at 07:29hrs | | by Knowledge Hakata

Zimbabwe needs a serious president

Prices of commodities, insurances and basic food (basically everything) are skyrocketing but wages remain constant equating to the increase in suffering of the ordinary people. Do we deserve this much suffering, do we? I ask myself this qu…

Published: 12 May 2019 at 07:14hrs | | by Dr Takesure Tazvishaya.

Why Mthuli Ncube's new currency is likely to be doomed

THE announcement by Finance minister Mthuli Ncube of his intention to introduce "a new, fully-fledged currency" in 12 months piqued the interest of the general public in Zimbabwe.It comes soon after the RTGS$ has just been introduced. Ther…

Published: 19 Apr 2019 at 10:08hrs | | by Martin Tarusenga

RTGS$ introduction inflicts further pensioner prejudice

MANY pensioners now being paid in Real-Time Gross Settlement (RTGS) dollars against their will have reported a drastic reduction in the purchasing power of their pensions.The RTGS$ is a new name given to bond notes, coins and electronic mo…

Published: 05 Apr 2019 at 08:58hrs | | by Martin Tarusenga

RTGS dollars and production

Pursuant to the introduction of the so-called RTGS dollars (not to be confused with the US dollars), the question which arises is: will production be triggered by the introduction of the so-called RTGS dollars? Are we going to see companie…

Published: 24 Feb 2019 at 10:41hrs | | by Colls Ndlovu

RBZ's interbank forex policy failed miserably in 2008

Just in case folks out there start jumping up and down ululating and eulogising  at the  forex trading liberalisation policy  announced by the RBZ,  a cursory look at the country's recent monetary history shows that thi…

Published: 21 Feb 2019 at 11:14hrs | | by Colls Ndlovu

John Mangudya's Bonditary policy confirms US$100 salary for a teacher

I am not an economist, I am a subsistence farmer but with a little knowledge of economics that I grasped from my experiences with primary education, John Mangudya's latest Bonditary policy is going to consume President ED Mnangagwa's reput…

Published: 20 Feb 2019 at 19:11hrs | | by Don Chigumba

RTGS is the electronic version of the bond note

Firstly, is the RBZ going to print the RTGS dollars or not?  Either way the effect is the same because previously they created RTGS balances from thin air while physically printing bond notes. On along there was about 500 million wort…

Published: 20 Feb 2019 at 16:37hrs | 7230 | by Colls Ndlovu

The Hard Truth About The Fuel Price Increase

Sometimes the truth hurts. And in this case, it really hurts. The price increases were both necessary and proportional.  The economy needs them. The country needs them.  However there has been much media coverage about Zimbabwe h…

Published: 17 Jan 2019 at 09:58hrs | | by Faith Hope

Zimbabwe's New Currency: If your Government is honest here is the Solution

Let me sell you a million dollar worth of game for a dollar ninety-nine, The economic data released by the government at the end of the fourth quarter shows we aren't deep in the quagmire as we think but trust me the Market place seems to …

Published: 05 Jan 2019 at 08:34hrs | | by Simplisio Mudzingwa Muvunde

Is bond and RTGS the official currency of Zimbabwe? Govt must walk the talk on currency reforms

When the current minister of finance and economic development was tipped of his imminent appointment he spelled out what seemed to be his objective, that is to remove bond note and either adopt the Rand or the United States dollar by the e…

Published: 03 Jan 2019 at 07:47hrs | | by Henry Madiro

Finance Minister - its you who caused this nonsense

The response by our Finance Minister to the demands by striking doctors and other civil servants to be remunerated in forex reflects the highest level of selfishness and inconsiderable government. Comrade Minister, to be frank it's you who…

Published: 18 Dec 2018 at 11:03hrs | | by Isaac Nkomah

Equilibrium of the exchange rate needs holistic approach

After being kissed by the devil, one must not be over excited. Instead, they have to count their teeth, lest one or two are missing.Businessman and cleric, Shingi Munyeza was showered with praises by people who used to chastise him, accusi…

Published: 06 Dec 2018 at 12:26hrs | | by John Sigauke

Industrial action against Mthuli Ncube looming

Air Zimbabwe has been allowed by the cabinet of President ED Mnangagwa to charge its clients (especially diasporas) in foreign currency. The confused minister in charge of Air Zimbabwe Joel Biggie Matiza claimed that the airline has been l…

Published: 13 Nov 2018 at 11:50hrs | | by Don Chigumba

ED's long economic haul

All the prophets of doom have to admit that they just don't possess the strategic clout and foresight of President Mnangagwa's administration. The ride is bumpy but big moves are being made. It all started with the new public discourse of …

Published: 12 Oct 2018 at 11:46hrs | | by Tom Nkala

Zimbabwe now has the cheapest fuel prices in Southern Africa

The unofficial three-tier forex pricing system now prevalent in the Zimbabwean market space, comprising of the USD/Bond Note pricing, the USD/RTGS deposit pricing and the Bond Note/RTGS pricing, has in real terms, made Zimbabwe fuel prices…

Published: 28 Sep 2018 at 17:38hrs | | by Martin Majaji

Mawarire must stop blaming others for his failure

From his recent conduct through social media, it would appear that the so-called "Pastor", Evan Mawarire suffers from a psychotic condition called psychological projection, also known as blame shifting, where one blames other people or sit…

Published: 21 Jul 2016 at 13:44hrs | | by Japheth Mhlanga

Search / Rtgs

Tribal ruling as Mpofu jailed 22 years, Chimombe 17 years

Zimbabweans, Basotho, Mozambicans top South Africa's illegal crossing list

Mnangagwa's 2030 campaign makes breakthrough

Chiwenga family graduates

Bank employee faces US$96 000 fraud charges

Woman welcomes triplets, bringing family to 6

Warriors suffer major blow

D-Day for Chimombe, Mpofu

Zapu slams Chivayo's 'capture' of Bosso

Zimbabwe urged to overhaul of drink-driving laws

Cars over Care: Zimbabwe's healthcare crisis exposed

Rainy season disrupts cotton input distribution

Businessman gets 12 years for robbery

Robbers lay siege to Buena Vista suburb residents

Three Robbery Suspects Arrested in Bulawayo

Chiwenga portraying himself as the betrayed holy victim

Mbalula cannot rewrite history to sanitise Ramaphosa's failings

Stranded families blame their plight on corrupt Zanu-PF bigwigs

Ministry Assures Wildlife Protection During Road Works Near Hwange National Park

Zimbabwe Mourns Mozambican Engineer Killed in Headlands Accident

Benin military group removes President Talon from office

Biti Labels ZANU PF 'Murderers and Fascists'

Mnangagwa takes sole charge of Zanu-PF vehicle donations

ZERA dismisses viral claim of US$100 monthly solar tax

Ex-Supreme Court Judge's driver up for fraud

Businesswoman scammed of US$500,000

Mnangagwa advisor's cash divides Zanu-PF

BCC revises land policy to attract major investors

Mansion in Bulawayo's upmarket suburb set for demolition

Illicit alcohol stoking gender based violence

Villagers up in arms against Eureka Mine

Injiva wreaks havoc in Matebeleland South

Mnangagwa issues stern warning to Agritex officers

Harare faces billboard revenue scandal

Zimbabwe's leadership culture is built on survival, not development

Bulawayo-Victoria Falls highway progress update

Buyanga's detention linked to disputes involving Mnangagwa's family?

Chinese-sponsored talent show illuminates young Zimbabweans' dreams

2 Zimbabweans arrested in South Africa with R1.2 million worth of drugs

Zimbabwe faces heavy rains, flash flood risk

When Adv Tembeka Ngcukaitobi missteps, the fall is loud

7 wasted years: How Ramaphosa's Presidency betrayed its promise

Man arrested for pouring acid on wife

Woman vanishes at NUST

Small-scale miners warn Mthuli Ncube

Council debates fines hike

The Mall of Zimbabwe set to be biggest retail investment

Zimra officers arrested for smuggling under a diplomatic rebate waiver

Zenzo Moyo fails to win Zifa Southern Region chairmanship

11 killed in Pretoria shebeen shooting

The Mall of Zimbabwe set to be biggest retail investment

Small-scale miners warn Mthuli Ncube

Mnangagwa's 2030 campaign makes breakthrough

Zimbabwe Mourns Mozambican Engineer Killed in Headlands Accident

Three Robbery Suspects Arrested in Bulawayo

Chiwenga family graduates

Bank employee faces US$96 000 fraud charges

Lupane State University students win innovation prize

The harder the Zimbabwe regime pushes citizens into believing economy improving the more unbelievable they sound!

Zimbabwe road carnage claiming 5 people every day

News Team

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