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Zimbabwe banks shut doors on 99-year farm leases
THE government has been forced to reintroduce its defunct Agricultural Finance Corporation (AFC) after financial institutions grouped under the Bankers Association and resolved not to accept the state...Published: 11 Apr 2021 at 07:00hrs | 1004 | by Staff reporter
Zimbabwe's no go routes for Ngwena's motorcade.
I knew no politics by 1980 because I was still too young. I remember well in the early 1980s we used to read about Mugabe and Nkomo but this history made little sense to our young apolitical minds by ...Published: 22 Mar 2021 at 06:29hrs | 5916 | by Etiwel Mutero
Mnangagwa's govt issues ZW$750m fresh guarantees
GOVERNMENT has undertaken to guarantee public and private financial institutions including the Infrastructural Development Bank of Zimbabwe (IDBZ) for debts accrued through the floatation of a series ...Published: 05 Mar 2021 at 06:55hrs | 396 | by Staff reporter
Zimbabwean agriculture recovery in motion
ZIMBABWE is an agrarian economy and has huge potential to produce enough for its people and surplus that can be exported to generate foreign currency. However, there is a puzzling divergence between i...Published: 28 Feb 2021 at 10:43hrs | 483 | by Dr John Basera
Chombo remanded in custody
Former Local Government Minister Ignatius Chombo, arrested on Tuesday on charges of illegally parcelling out land in Harare and Zvimba, will hear today whether his application for bail is successful a...Published: 25 Feb 2021 at 06:20hrs | 719 | by Staff reporter
'Housing co-ops remitted money into Chombo personal bank account'
SEVERAL housing co-operatives around the country reportedly deposited cash into former Local Government minister Ignatius Chombo's personal bank account instead of remitting the money to the State, a ...Published: 24 Feb 2021 at 21:51hrs | 1255 | by Staff reporter
Chombo in court for fraud, abuse of power
FORMER Cabinet Minister Ignatius Morgan Chombo today appeared in court on allegations involving illegal parcelling out of pieces of land in Harare and Zvimba Rural District during his tenure as the Mi...Published: 24 Feb 2021 at 17:07hrs | 692 | by Staff reporter
Chombo caged
FORMER Finance minister Ignatius Chombo was last night detained at Rhodesville Police Station in Harare following his arrest on charges of fraud and criminal abuse of office over illegal parcelling ou...Published: 23 Feb 2021 at 06:53hrs | 5682 | by Staff reporter
60% of Bulawayo companies close shop
THE labour movement, consumer rights groups, small enterprises and informal traders have lamented the continuous collapse of Bulawayo industries amid revelations that up to 60% of companies have close...Published: 19 Feb 2021 at 07:04hrs | 830 | by Staff reporter
Agribank set to become land bank
Lands, Agriculture, Water and Rural Resettlement Minister Dr Anxious Masuka has advised farmers to have a good relationship with banks as Government's plan to establish Agribank as a land bank is in o...Published: 21 Jan 2021 at 16:11hrs | 597 | by Staff reporter
How South Africa can nudge Zimbabwe toward stability
What's new? As Zimbabwe's political and economic crises worsen, South Africa is moving beyond its policy of "quiet diplomacy" with its northern neighbour and applying more pressure on Harare to open...Published: 18 Dec 2020 at 06:42hrs | 2002 | by crisisgroup
Mthuli Ncube crafts debt control plan
Government has formulated a framework for evaluating, monitoring and managing publicly guaranteed and on-lent loans as they contribute to significant debt accumulation in the event of default by the p...Published: 06 Dec 2020 at 07:41hrs | 268 | by Staff reporter
Zimbabwe keen to rejoin Commonwealth
Government will prioritise rejoining the Commonwealth as a launch-pad to unlock international goodwill and sustain re-engagement milestones already realised through resumption of political dialogue wi...Published: 28 Nov 2020 at 07:09hrs | 434 | by Staff reporter
Govt to centralise control of State firms
THE Government will adopt a centralised ownership model for State-owned enterprises (SOEs) to eliminate inconsistencies in governance and ministerial interferences, Finance and Economic Development Mi...Published: 27 Nov 2020 at 06:54hrs | 217 | by Staff reporter
Govt ready to allocate farms to productive youths, says Chiwenga
Vice President Retired General Dr Constantino Chiwenga says government is ready to allocate farming land to youths who have a proven track record in the agricultural sector.Vice president Chiw...Published: 06 Nov 2020 at 16:03hrs | 1536 | by Staff Reporter
'We need more Zimdollar than US$'
UNITED Refineries Limited (URL) chief executive officer, Mr Busisa Moyo says the Bulawayo headquartered agro-processing company needs more of the local dollar to localise production of key raw materia...Published: 30 Oct 2020 at 06:19hrs | 1148 | by Staff reporter
Chinamasa savages US ambassador Brian Nichols
ZANU-PF acting spokesperson Patrick Chinamasa yesterday again savaged United States (US) ambassador to Zimbabwe Brian Nichols, saying he is pushing a regime change agenda.This comes after the ...Published: 29 Oct 2020 at 21:11hrs | 1164 | by Staff reporter
Zim sanctions a CIA regime change agenda project
The illegal sanctions on Zimbabwe are a CIA regime change agenda project being spearheaded by the African-American USA Ambassador to Harare, Brian Nichols, with the assistance of his MDC-Alliance runn...Published: 29 Oct 2020 at 10:02hrs | 1620 | by David Mwanza
Soldier arrested for card-cloning
A SOLDIER, who cloned a bank card and accessed $506 475 from an unsuspecting bank client's account has been arrested and is expected to appear in court this week.Mkhokeli Moyo (23), a member o...Published: 26 Oct 2020 at 06:49hrs | 4112 | by Staff reporter
'Push for US$100m IDC'
ZIMBABWE's industrial sector has appealed for a lifeline of up to Us$100 million to recapitalise the state-run Industrial Development Corporation (IDC) and bolster its capacity to bail out struggling ...Published: 16 Oct 2020 at 07:03hrs | 353 | by Staff reporter
After TSP, diaspora engagement critical, says Mthuli Ncube
AS government winds up the Transitional Stabilisation Programme (TSP) amid a plethora of challenges it faces in turning around the economy, the Zimbabwe Independent (ZI) caught up with Finance ministe...Published: 02 Oct 2020 at 07:43hrs | 1799 | by Staff reporter
Express lane for public transport
ZIMBABWE'S RESPONSE TO THE CORONAVIRUS (COVID-19) Cabinet received from the Minister of Defence and War Veterans Affairs, Honourable OCZ Muchinguri Kashiri, chairperson of the Ad Hoc Inter-Min...Published: 19 Aug 2020 at 07:12hrs | 1014 | by Staff reporter
20 Maphisa Hospital nurses test positive to COVID-19
TWENTY nurses at Maphisa District Hospital in Matabeleland South province tested positive for coronavirus this week, sending the settlement, predominantly occupied by civil servants, gold miners and p...Published: 05 Aug 2020 at 08:17hrs | 1611 | by Staff reporter
Mnangagwa's advisor Sam Malaba dies
Former Agribank Chief Executive , Somkhosi Mahamba Temba Malaba has died. He had been suffering from kidney illness for the past 12 years.Malaba was also a members of the PAC (Presidential Adv...Published: 30 Jul 2020 at 13:20hrs | 11082 | by Mandla Ndlovu
'No freebies under Mnangagwa regime'
Mechanisation and irrigation projects initiated by Government are not for free and beneficiaries will be expected to pay back loans, with all loans being issued through banks using banking criteria of...Published: 21 Jul 2020 at 08:57hrs | 787 | by Staff reporter
Mnangagwa's administration fails to recover looted funds
PRESIDENT Emmerson Mnangagwa's administration has failed to recover funds looted by chief executive officers (CEOs) of 13 State enterprises and parastatals (SEPs) who were taking home an aggregated US...Published: 01 Jul 2020 at 07:29hrs | 1878 | by Staff reporter
Mnangagwa launches US$51 million John Deere mechanisation facility
President Mnangagwa has launched the US$51 million John Deere Mechanisation Facility that is expected to transform the agriculture sector and ensure the industry becomes the pathway out of poverty and...Published: 25 Jun 2020 at 16:19hrs | 1508 | by Staff reporter
Celebrating an auspicious Day
TOMORROW is Africa Day, a truly and deeply auspicious day on the continent's calendar.On this day, various leaders of African nations that had wrestled freedom and independence gathered in Add...Published: 24 May 2020 at 08:11hrs | 180 | by Ambassador Chris Mutsvangwa
2 Zimbabwean banks removed from sanctions list
Agribank and the Infrastructure Development Bank of Zimbabwe (IDBZ) have now been fully removed from the US sanctions list, the American Department of the Treasury has announced, allowing them to do i...Published: 22 May 2020 at 06:23hrs | 627 | by Staff reporter
Bindura man appeals for help after being assaulted by soldiers
A Bindura man who was recently assaulted by soldiers in the mining town (Bindura) for defying the country's lockdown is appealing for help to cater for his medical bills since he broke his hand....Published: 16 May 2020 at 21:44hrs | 3830 | by Simbarashe Mwandipendaa
Chiwenga launches scheme to save Matebeleland cattle
GOVERNMENT has released funds to procure hay harvesting equipment for the two provinces of Matebeleland as part of efforts to mitigate the effects of drought and boost livestock production in the regi...Published: 04 May 2020 at 07:48hrs | 4349 | by Staff reporter
Man clones Zimbabwe military bank card
A 28-year-old Kuwadzana man has been hauled before the court on fraud charges after he allegedly cloned the Zimbabwe Defence Forces(ZDF) Agribank card and stole over ZWL $63 000.Thabani Chiduw...Published: 25 Mar 2020 at 15:32hrs | 2429 | by Staff reporter
Bulawayo woman up for mealie meal fraud
A WOMAN from Bulawayo allegedly duped Silo Food Industries in Belmont of more than $19 000 after she bought subsidised roller meal and sent it to the black market for sale at higher prices. Bu...Published: 24 Mar 2020 at 06:34hrs | 866 | by Staff reporter
Zimbabwe bank charges surge 900%
Zimbabwe's inflation is further expected to spiral upwards after local banks hiked transactional charges by as much as 900% as pressure mounts on the financial intermediaries to pay United States domi...Published: 13 Mar 2020 at 07:10hrs | 3319 | by Staff reporter
Zimbabwe farmers to access US$50m John Deere tractors
GOVERNMENT has assured farmers that they are eligible to access equipment for the assembling of tractors, combine harvesters and disc harrows under the US$50 million John Deere facility, with the equi...Published: 11 Mar 2020 at 05:50hrs | 871 | by Staff reporter
'Chombo land deals must be investigated'
FORMER Cabinet Minister Dr Ignatius Chombo reportedly received 125 stands from Delatfin Properties for resolving a dispute with other Zvimba developers, further stands from a second developer and had ...Published: 10 Mar 2020 at 05:15hrs | 506 | by Staff reporter
Malaba retires
Agribank chief executive Mr Sam Malaba has retired after 16 years at the helm of the financial institution. He was appointed CEO in May 2004 after serving as the Deputy Governor of the Reserve...Published: 19 Feb 2020 at 06:38hrs | 3898 | by Staff reporter
Mugabe's legacy and Shona triumphalism: Zimbabwe's case for a two-state solution
ZIMBABWE, which was called Rhodesia before its attainment of independence in 1980, is a former British colony.Although there are over ten tribes that inhabit the country, Zimbabwe can neatly b...Published: 14 Feb 2020 at 17:59hrs | 4954 | by George Mkhwanazi
Designation: The new US weapon against Zimbabweans
The United States does not want to leave Zimbabwe alone and has upped its game by using designation of persons as a way of forcing the ZANU PF government to capitulate. In a strange development, the U...Published: 08 Feb 2020 at 07:33hrs | 2001 | by Elijah Chihota
Rhodies we know, where are Zimbos?
MONDAY, November 11, marked the 54th anniversary of the Unilateral Declaration of Independence (UDI) by then Rhodesian Prime Minister Ian Douglas Smith, a move that severed the white colony from the B...Published: 13 Nov 2019 at 06:40hrs | 764 | by Paidamoyo Muzulu
Inflation out of control: Guvamatanga
Finance ministry permanent secretary George Guvamatanga has revealed that the government is not considering removing the 2% tax on mobile transactions despite criticism that it is fuelling inflation....Published: 10 Nov 2019 at 08:46hrs | 938 | by Staff reporter
Metro Peech and Browne Wholesalers introduce Bureaux de Change across 17 branches nationwide
A leading wholesaler in Zimbabwe, Metro Peech and Browne Wholesalers, has installed 17 new Bureaux de Change to deliver convenient foreign currency exchange solutions for customers across the country....Published: 29 Oct 2019 at 10:59hrs | 1476 | by Staff reporter
Sanctions derail Zimbabwe's economic growth agenda
IT'S almost two decades now Zimbabwe has been alienated from the global financial systems due to sanctions imposed by western countries protesting the land reform programme implemented by the Governme...Published: 27 Oct 2019 at 09:50hrs | 282 | by Staff reporter
Mnangagwa's govt re-engages Sakunda
THE government has again roped in controversial oil company, Sakunda Holdings, in the distribution of agricultural inputs to farmers under the Command Agriculture scheme after it poured in $2.8 billio...Published: 13 Oct 2019 at 06:35hrs | 5045 | by newzimbabwe
Mnangagwa approves new boards for agric parastatals
President Mnangagwa has approved the appointment of the Agricultural Marketing Authority, Tobacco Research Board (TRB), Agriculture Research Council (ARC), Agribank and Silo Food Industries boards. ...Published: 09 Oct 2019 at 06:47hrs | 1802 | by Staff reporter
Investor tables offer for Zimglass assets
GWERU-BASED glassmaker, Zimbabwe Glass Industries Limited (Zimglass), has received an offer for the purchase of all its assets, which could lead to the revival of the sole glassmaker, an official has ...Published: 08 Oct 2019 at 06:44hrs | 319 | by Staff reporter
Zera, Zesa trigger price madness
PRICES of basic commodities, including fuel, and services continue to soar days after President Emmerson Mnangagwa threatened to introduce the Competition Act to impose deterrent penalties to combat w...Published: 07 Oct 2019 at 09:29hrs | 1663 | by Staff reporter
Agribank workers seek US$-indexed salaries
AGRIBANK employees are demanding interbank rated salaries as they decry current earnings which have been eroded by ravaging inflation.Agitated workers at the banking institution have rejected ...Published: 07 Oct 2019 at 09:27hrs | 732 | by Staff reporter
Government misses privatisation deadlines
The government has failed to meet its targets to revive state- owned enterprises (SOEs) that were outlined under its much-touted economic blueprint amid concerns about policy inconsistencies.F...Published: 06 Oct 2019 at 15:33hrs | 69 | by Staff reporter
Agric preps begin
Government will start moving agricultural inputs for Command Agriculture to several parts of the country this week as it pushes farmers to plant early to maximise on imminent rains.Logistical ...Published: 06 Oct 2019 at 15:07hrs | 28 | by Staff reporter
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