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Cash crisis: Zimbabwe cuts bank charges in push for electronic payments

Bankers Association President Charity JinyaCHARGES for electronic payments have been cut after an agreement between the Reserve Bank of Zimbabwe, banks and providers of payment platforms, the central...

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Zimbabwe corruption threatens bond notes

Reserve Bank of Zimbabwe Governor John MangudyaFOR a country experiencing its second most deadly cycle of cash shortages, to see groups of young men and women waving wads of foreign currencies on...

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ZANU-PF factions fight over maize

Vice President Emmerson MnangagwaMAIZE donated to alleviate hunger by sugar producing company Tongaat Hullet in the famine ravaged Masvingo province, has become the new frontier for fierce ZANU-PF...

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Political parties in the red

MDC -T leader Morgan Tsvangira and ZPF president Joice MujuruZIMBABWE’S major political parties are in the red, as the economic hardships which have swept over industries and the general population...

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No suitor for Shabanie and Mashaba Mines

Mutumwa MawereGOVERNMENT has for several years now been hoping to pull a surprise by securing capital for the revival of the troubled Shabanie and Mashaba Mines (SMM), but its efforts have failed to...

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Civil servants on edge as government runs out of cash

Finance Minister Patrick ChinamasaTHE cash-strapped government is facing increasing fiscal pressures on the back of a rapid decline in tax revenues amid tell-tale signs that it could struggle in the...

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Evan Mawarire sponsored by foreign countries – Mugabe

#Thisflag pastor Evan MawarirePRESIDENT Robert Mugabe has accused a pastor who organized a nationwide strike against the government of being sponsored by foreign countries allegedly trying to...

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Antonio Fourie steps down as Innscor Africa Limited CEO

Antonio FourieINNSCOR Africa Limited chief executive, Antonio Fourie has resigned from the group and its subsidiary boards with effect from August 21 2016, group chairman Addington Chinake said in a...

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Government rejects ZESA’s electricity tariff hike proposal

 The power utility is owed more than US$1 billion by electricity consumers and has been struggling to collect this debt.GOVERNMENT has rejected a hike in electricity tariff proposed by the Zimbabwe...

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Tables turn on ZANU-PF bigwigs

Former war veterans minister Christopher Mutsvangwa AT their prime — they had the world eating out of their hands.No one dared oppose their word, which was almost sacred.When they entered a room,...

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Mawarire stirs revolutionary spirit

Supporters pray for the release of Pastor Evan Mawarire last Wednesday.THROUGHOUT history, characters that somehow refuse to be ignored have come along.Movers and shakers such as Mahatma Gandhi, Martin...

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Joshua Nkomo’s son blasts politicians

Sibangilizwe NkomoBULAWAYO — Late vice president Joshua Nkomo’s son, Sibangilizwe Nkomo, has said politicians have lost their way unlike his father who united Zimbabweans across the political divide...

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Another MDC T split imminent  

MDC-T leader, Morgan TsvangiraiTHE appointment of Nelson Chamisa and Elias Mudzuri as vice presidents of the Movement for Democratic Change (MDC-T) has opened a Pandora’s Box in the fragile opposition...

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Diasporans take on ZANU-PF

Evan Mawarire, a pastor of the #ThisFlag campaignZIMBABWEANS in foreign lands are coalescing around a new political outfit called the United Democratic Front (UDF) to challenge the ruling ZANU-PF in...

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Government delays paying civil servants salaries again

Minister of Public Service, Labour and Social Welfare, Prisca MupfumiraGOVERNMENT says it will pay salaries for its soldiers on Monday, over a week late, and has deferred other payments to next month...

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Government issues 6 000 import licences, 75 percent to South African products

Industry and Trade Minister Mike Bimha pic from The SourceGOVERNMENT  has issued over 6 000 import certificates, with three quarters of those for South African products, five months after it tightened...

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Government, UN in 20 million euro industrialisation programme

Industry and Commerce deputy minister, Chiratidzo MabuwaTHE United Nations Industrial Development Organisation (UNIDO) has launched a 20 million euro programme for capacity building to help rebuild the...

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Imports decline 18 percent in six months – ZimStat

Finance Minister Patrick Chinamasa and the Reserve Bank of Zimbabwe governor, John MangudyaTOTAL imports for the half year to June 2016 amounted to us$2, 5 billion, a decline of 18 percent from US$3...

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Zimbabwe’s economy deteriorates: Analysts

Finance Minister, Patrick ChinamasaOLD Mutual Securities (OMSEC) has indicated that the country’s economy continues to slide due to weak aggregate demand caused by increasing joblessness, low...

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Tables turn against Sarah Mahoka

ZANU-PF Women’s League national secretary for finance, Sarah MahokaKAROI — ZANU-PF Women’s League national secretary for finance, Sarah Mahoka, is getting a taste of her own medicine.Last week, some...

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