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Skyscrapers go up in Waterfalls
CONSTRUCTION of 10 high-rise residential flats in Prospect, Waterfalls in Harare will begin early next year after the Government invited bids from private developers interested in undertaking the proj...Published: 17 Oct 2021 at 08:58hrs | 278 | by Staff reporter
Giant steel plant roars to life… US$1bn funding secured
Afrochine Smelting - a subsidiary of the world's largest stainless steel producer Tsingshan Holdings - has secured the US$1 billion needed for the first phase of the project to establish a steel plant...Published: 17 Oct 2021 at 08:54hrs | 368 | by Staff reporter
Mnangagwa acquiring more public debt to fund second term bid
WINNING or losing an election is a referendum on the economy by citizens. More often than not politicians are aware of this fact and, therefore, go out of their way, sometimes, contracting huge debts ...Published: 16 Oct 2021 at 06:29hrs | 862 | by Paidamoyo Muzulu
Mnangagwa addresses UN global transport conference
A vibrant transport sector is key to enabling economic growth to attain United Nations Sustainable Development Goals and to meet the demands of the Paris agreement on climate change, President Mnangag...Published: 16 Oct 2021 at 06:26hrs | 103 | by Staff reporter
Red flag raised on US$85m traffic interchange project
MEMBERS of the public have raised a red flag over the government's announcement that the Mbudzi roundabout traffic interchange on the Masvingo highway in Harare will cost US$85 million, which could be...Published: 15 Oct 2021 at 20:21hrs | 1111 | by Staff reporter
Forex auction revitalises economy, claims RBZ
THE foreign currency auction introduced by Government last year has been critical in revitalising the economy despite deliberate inflation of black market exchange rates by some unscrupulous businesse...Published: 15 Oct 2021 at 06:18hrs | 118 | by Staff reporter
'Zimbabwe has enough forex to sustain economy'
THE foreign currency auction introduced by Government last year has been critical in revitalising the economy despite deliberate inflation of black market exchange rates by unscrupulous businesses and...Published: 15 Oct 2021 at 06:17hrs | 119 | by Staff reporter
Private sector major culprit of graft, says Zacc boss
THE Zimbabwe Anti-Corruption Commission (Zacc) says the private sector is the major culprit in corruption as players are evading taxes and inflating figures, among other ills causing serious damage to...Published: 14 Oct 2021 at 06:26hrs | 588 | by Staff reporter
Mutsvangwa praises SADC stance on sanctions
DESPITE failure to access new capital from international banking institutions to finance major capital projects due to illegal sanctions, Zimbabwe under the leadership of President Mnangagwa continues...Published: 14 Oct 2021 at 06:22hrs | 132 | by Staff reporter
IMF maintains positive outlook for Zimbabwe
THE International Monetary Fund (IMF) has maintained a positive growth trajectory outlook for Zimbabwe in 2021 of 5,1 percent largely supported by increased agricultural output, energy productio...Published: 14 Oct 2021 at 06:21hrs | 385 | by Staff reporter
Sanctions collapsed Zimbabwe beef industry
THE country's famed beef industry collapsed at the turn of the millennium following the imposition of illegal sanctions by Western countries when the country embarked on the successful fast-track land...Published: 13 Oct 2021 at 06:06hrs | 239 | by Staff reporter
Zimra stalling development in the country
The Zimbabwe Revenue Authority is throwing stones in the way of President Emmerson Mnangagwa's vision 2030 as they are charging exorbitant duty to local and international investors who would want to i...Published: 12 Oct 2021 at 19:05hrs | 1332 | by Shelton Muchena recently in Victoria falls
Zanu-PF leadership consigning people to abject poverty
THE rate at which government is destroying the nation boggles the mind.Zimbabwe's woes are complex and are compounded by the Zanu-PF government's misguided policies, nepotism and corruption. T...Published: 12 Oct 2021 at 05:59hrs | 198 | by Forget Sanhu
RBZ, business reach consensus on exchange rates, pricing
A number of agreements were thrashed out yesterday between the Reserve Bank of Zimbabwe and leaders of the business sector to deal with what everyone agreed were unjustified jumps in black-market exch...Published: 12 Oct 2021 at 05:55hrs | 691 | by Staff reporter
More jail time for illegal forex traders
PROSECUTOR-General, Mr Kumbirai Hodzi, has warned of more jail time for economic saboteurs while the Reserve Bank of Zimbabwe (RBZ) says it will intensify the blitz against manipulation of the local c...Published: 10 Oct 2021 at 06:36hrs | 418 | by Staff reporter
Zimbabwe Infrastructure Summit set for next week
Global Renaissance Investments (GRI) will next week host the fifth edition of the Zimbabwe Infrastructure Investment Summit in Harare.The summit is set for October 14.The Zimbabwe Infr...Published: 10 Oct 2021 at 06:35hrs | 80 | by Staff reporter
Zimbabwe works on national migration policy
ZIMBABWE is working on finalising the National Migration Policy, whose implementation is expected to contribute to the country's economic development agenda.Representatives of various ministri...Published: 10 Oct 2021 at 06:32hrs | 175 | by Staff reporter
Sanctions: Politics of sabotage in 'Jambanja'
The opening chapter of Eric Harrison's memoir, "Jambanja" (2006) is telling in that it places Zimbabwe in the context of the many sanctions the country had been exposed to, either by the United Nation...Published: 09 Oct 2021 at 07:29hrs | 124 | by Elliot Ziwira
Sustainable reforms now key to foreign exchange market
The Reserve Bank of Zimbabwe (RBZ) recently announced that it is on course to clear the backlog of foreign exchange auction allotments which date back to as far as three months and amounting to about ...Published: 08 Oct 2021 at 19:03hrs | 245 | by Victor Bhoroma
Africa stuck in generational curse
WHOEVER bewitched African leaders probably perished at Nagasaki in 1945, many years before the Organisation of African Unity (OAU) was founded in 1963. That person, alongside his tools of trade and hi...Published: 08 Oct 2021 at 19:02hrs | 117 | by Sapien Sapien
League of Patriots to launch Kick out sanctions campaign
Sanctions are hurting the people of Zimbabwe and the economy of Zimbabwe. Sanctions have stifled economic growth and recovery. Sanctions have cost Zimbabwe an estimated US$42 billion in revenu...Published: 08 Oct 2021 at 12:38hrs | 363 | by Itai Gumbo
'Mnangagwa speech hot air'
PRESIDENT Emmerson Mnangagwa yesterday said that the country's economy was on rebound, with this year's projections indicating over 7,8% economic growth, but opposition MPs rubbished his claims, accus...Published: 08 Oct 2021 at 06:33hrs | 3467 | by Staff reporter
Mnangagwa's State of the Nation address
PRESIDENT Mnangagwa delivered a State of the Nation Address and officially opened the Fourth Session of the Ninth Parliament of Zimbabwe yesterday. He tackled a wide r...Published: 08 Oct 2021 at 06:27hrs | 422 | by Staff reporter
'COVID-19 has paralysed Zimbabwe'
SPEAKER of the National Assembly Jacob Mudenda yesterday said the effects of the COVID-19 pandemic had paralysed the economy and increased the country's domestic and international debt burden....Published: 07 Oct 2021 at 07:03hrs | 360 | by Staff reporter
US Economy: How entrepreneurs are benefiting from DBA structures
In a recent profile published by the independent Office of Advocacy, a branch within th...Published: 06 Oct 2021 at 12:42hrs | 230 | by Staff Writer
National mining ICT database to eradicate mining disputes
In 2021 Zimbabwe's mining sector is proving to be big business, with mineral exports possibly reaching 60% of the country's export earnings and the mining sector contributing around 20% of national GD...Published: 04 Oct 2021 at 10:50hrs | 396 | by Jacob Kudzayi Mutisi
Sanctions hurting ordinary Zimbabweans
Zimbabwe has been on the receiving end of sanctions since 1966, either by the United Nations, United States, the European Union or both, thus qualifying the country for candidacy in the "sanctions ind...Published: 04 Oct 2021 at 05:50hrs | 216 | by Staff reporter
Crack team set up for mobile money crime
A crack team of 15 experienced prosecutors has been set up to work with seasoned investigators to come up with watertight dockets and so effectively prosecute economic saboteurs abusing mobile money p...Published: 04 Oct 2021 at 05:47hrs | 391 | by Staff reporter
Mnangagwa considers reopening borders
THE Government is considering re-opening land borders to the general public in time for the festive holidays as the country has officially gone past the Covid-19 third wave and continues to see a decl...Published: 03 Oct 2021 at 08:18hrs | 1417 | by Staff reporter
Govt uses local resources to bust sanctions
THERE is no doubt that good roads and development of infrastructure in the transport sector remains a key enabler of economic development as the country charts its way towards the vision of becoming a...Published: 03 Oct 2021 at 08:13hrs | 41 | by Staff reporter
RBZ sees sustained inflation decline
THE Reserve Bank of Zimbabwe (RBZ) expects the annual inflation rate to keep falling until year-end, but has revised upwards its December 2021 target to between 36 percent and 53 percent, from 25 perc...Published: 03 Oct 2021 at 08:10hrs | 126 | by Staff reporter
Mnangagwa says Zimbabwe won't sacrifice our economic gains
THE Second Republic is paying tribute to heroes of the liberation struggle by growing the economy and progress made on economic development should not be sacrificed on account of narrow interests, Pre...Published: 03 Oct 2021 at 08:09hrs | 62 | by Staff reporter
Zimbabwe considers reopening borders
THE Government is considering re-opening land borders to the general public in time for the festive holidays as the country has officially gone past the C...Published: 03 Oct 2021 at 07:49hrs | 593 | by Staff Reporter
Reserve Bank panics as exchange rates spiral
MONETARY authorities revised annual inflation targets upwards on Monday before lining up a sea of fresh policy proposals to government, as they scurried to stem a "worrisome" surge in parallel market ...Published: 01 Oct 2021 at 08:02hrs | 2674 | by Staff reporter
Mnangagwa urges modernisation of rural communities
AHEAD of this year's agricultural season, President Mnangagwa has called upon farmers to start land preparations as he assured them of access to well-resourced provincial agriculture mechanisation hub...Published: 01 Oct 2021 at 07:54hrs | 97 | by Staff reporter
Mechanisation hubs set up for farmers
AHEAD of this year's agricultural season, President Mnangagwa has called upon farmers to start land preparations as he assured them of access to well-resourced provincial agriculture mechanisation hub...Published: 01 Oct 2021 at 07:52hrs | 31 | by Staff reporter
Paltry income for mine workers - NMWUZ rejects NEC wage adjustment
National Mine Workers Union of Zimbabwe Acting President Mr Kurebwa Javangwe Nomboka has trashed and rejected NEC - National Employment Council's recent 24.5 percent minimum wage increase which he lab...Published: 30 Sep 2021 at 13:58hrs | 568 | by Maxwell Teedzai
Mnangagwa assures business
PRESIDENT Mnangagwa has assured business of his Government's unwavering support in ensuring private sector-led economic growth while at the same time promoting the establishment of brands that can com...Published: 30 Sep 2021 at 07:09hrs | 133 | by Staff reporter
Transfer of health workers starts
Cabinet received an update on the country's response to the Covid-19 outbreak, which was presented by the Minister of Defence and War Veterans Affairs, Honourable OCZ Muchinguri-Kashiri, as chairperso...Published: 29 Sep 2021 at 06:37hrs | 248 | by Staff reporter
Power cuts could derail industrial targets
The power outages besetting the country are set to derail economic growth prospects during a difficult phase for Zimbabwe when the economy is reeling from the effects of COVID-19, economic analysts an...Published: 28 Sep 2021 at 06:18hrs | 117 | by Staff reporter
Governance, risk and compliance diploma launched
THE Deposit Protection Corporation (DPC) has joined forces with the Institute of Chartered Secretaries and Administrators in Zimbabwe (ICSAZ) and the International Compliance Association (ICA) to laun...Published: 27 Sep 2021 at 06:17hrs | 412 | by Staff reporter
Rambo tombstone unveiled
THE corporate world has been urged to emulate Sakunda Holdings and sponsor other football clubs as well as different tier leagues to help create employment and a competitive environment.Energy...Published: 27 Sep 2021 at 06:15hrs | 1193 | by Staff reporter
Stop this ageism jibe
Those talking about ageism and maturity in politics must revisit an interview where the late President Robert Mugabe who was only 31 years old in 1961 where he was talking about inequality and e...Published: 26 Sep 2021 at 20:08hrs | 974 | by Leonard Koni
Chiwenga fires warning shots
VICE President Dr Constantino Chiwenga has warned illegal foreign currency dealers over their gross financial misconduct that continues to disrupt the journey to prudent economic growth saying the lon...Published: 26 Sep 2021 at 20:03hrs | 9632 | by Staff reporter
US$13 million tower for JMN airport
THE newly established Airports Company of Zimbabwe (ACZ) is working on constructing a new US$13 million tower at the Joshua Mqabuko Nkomo International Airport in Bulawayo as part of its immediate man...Published: 26 Sep 2021 at 19:37hrs | 177 | by Staff reporter
Mnangagwa's govt accelerates NDS1 projects
The GOVERNMENT is accelerating efforts to achieve benchmarks that were set under the National Development Strategy 1 (NDS1) and the Vision 2030 target for the country to become an upper middle-income ...Published: 26 Sep 2021 at 19:32hrs | 48 | by Staff reporter
Environment Ministry to identify more potential tourist attractions
Ministry of Environment, Climate, Tourism and hospitality industry has said they are going to identify more potential tourism products in Mashonaland Central to increase the Province's GDP and create ...Published: 26 Sep 2021 at 10:23hrs | 245 | by Lloyd Rabaya
Mnangagwa challenges professionals
PRESIDENT Mnangagwa has challenged local professionals to continuously play a part in building the economy through good corporate governance and accountability, as he reiterated the importance of coll...Published: 25 Sep 2021 at 06:03hrs | 114 | by Staff reporter
Mnangagwa demands accountability
All Zimbabwean professionals must play a part in building the economy through good corporate governance and accountability, President Mnangagwa said yesterday as he reiterated the importance of collab...Published: 25 Sep 2021 at 06:02hrs | 1385 | by Staff reporter
Mnangagwa admits to being stumped by power crisis
PRESIDENT Emmerson Mnangagwa yesterday admitted that rolling power cuts had stumped his government and called on the private sector to invest in the energy sector to boost supplies.Industry, b...Published: 24 Sep 2021 at 09:20hrs | 881 | by Staff reporter
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