Price stability by March, says CZI
CZI president, Sifelani JabangweBy Farai MabezaTHE Confederation of Zimbabwe Industries (CZI) expects prices of basic household commodities to stabilise by March with anticipated foreign currency...
View ArticleWe’ll lower prices after fuel tax cut — business
Energy Minister Simon Khaya Moyo INDUSTRY has pledged to lower prices of basic commodities by up to five percent following government’s fuel tax cut. Energy Minister Simon Khaya Moyo on Tuesday said...
View ArticleEx-farmers demand $9 billion compensation
President Emmerson MnangagwaDISPOSSESSED white farmers have tabled a US$9 billion compensation claim before President Emmerson Mnangagwa, for assets expropriated during the chaotic land redistribution...
View ArticleZim government in mine firesale
Minister of Mines, Winston ChitandoZIMBABWE’S government will relinquish absolute control of its vast but under-utilised mining assets, which have chronically underperformed due to...
View ArticleHuge budget deficit forecast
Finance and Economic Development, Minister Patrick ChinamasaZIMBABWE’S 2018 budget deficit could surpass the $2 billion incurred last year due to multiple factors, including the possibility of a poor...
View ArticleProvincial land officers fired
President Emmerson MnangagwaGOVERNMENT has fired the country’s eight provincial land officers and replaced them with acting land officers from the Department of Agricultural Technical and Extension...
View ArticleGovernment reverses discriminatory land policy
Lands, Agriculture and Rural Resettlement Minister Perrance ShiriGOVERNMENT has issued a directive for white farmers to be issued with 99-year leases instead of five-year leases subject to renewal upon...
View ArticleUK eyes Zimbabwe investments
British Prime Minister Theresa MayTHE British government’s development finance institution, the Commonwealth Development Corporation (CDC), is actively considering investing in Zimbabwe under a $1...
View ArticleBusiness warms up to Mnangagwa’s promises
President Emmerson MnangagwaZIMBABWE’S business sector appears to be warming up to the progress being made under the country’s new administration.However, local business is demanding that President...
View ArticleRBZ to drain RTGS swamp
The Reserve Bank of Zimbabwe.THE central bank will issue government paper to mop up excess liquidity on the Real Time Gross Settlement platform to reduce inflationary pressure in the economy, Reserve...
View ArticleRussian Billionaire in Zimbabwe for fertiliser deals
Russian fertiliser billionaire Dmitry MazepinRUSSIAN fertiliser billionaire Dmitry Mazepin arrived in Harare on Tuesday afternoon to explore opportunities in Zimbabwe’s agro-chemical sector, the latest...
View ArticleNew currency ‘coming in three years’
The value of bond notes significantly went down in December last year due to the high demand for foreign currency for payment of externally sourced goods and services.ZIMBABWE’s government could...
View ArticleHalf of maize crop could be written off
Lands, Agriculture and Rural Resettlement Minister Perrance ShiriZIMBABWE’s maize production may drop by more about 50% this season due to a January dry spell that rendered the early planted crop a...
View ArticleGovernment breaks the bank
Reserve Bank of Zimbabwe governor, John MangudyaZIMBABWE’S high spending government went beyond its central bank overdraft limit, spending $400 million more that the stipulated $1,2 billion in 2017,...
View ArticleMatanga appointed ZRP Commissioner General
Godwin Matanga is the new Commissioner General of the Zimbabwe Republic PolicePRESIDENT Emmerson Mnangagwa has appointed Godwin Matanga as the substantive Commissioner General of the Zimbabwe Republic...
View ArticleHigh Court cancels O’ level exam
Primary and Secondary Education Minister, Paul MavimaTHE High Court has ordered the Zimbabwe Schools Examination Council (ZimSec) to abandon its controversial order to convene the resitting of the 2017...
View ArticleMorgan Tsvangirai dies
MDC -T leader Morgan TsvangiraiTHE country’s main opposition leader, Morgan Tsvangirai, has died aged 65. He had been suffering from colon cancer for at least two years, but his condition deteriorated...
View ArticleOBITUARY: Morgan Tsvangirai, the ‘nearly man’ of Zimbabwe
Morgan TsvangiraiA powerful orator from humble beginnings, Morgan Tsvangirai was arguably Zimbabwe’s most popular politician and came within a whisker of unseating Robert Mugabe only to be...
View ArticleJacob Zuma resigns as South Africa’s president
Jacob Zuma has been president of South Africa since 2009SOUTH Africa’s embattled President Jacob Zuma has resigned his office with immediate effect.He made the announcement in a televised address to...
View ArticleAfrexim helped avert disaster — Mangudya
Reserve Bank of Zimbabwe governor John MangudyaZIMBABWE’s economic crisis hit catastrophic levels in September last year, when a foreign currency crisis forced government to halt importation of vital...
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