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POLITICS

Chiwenga haunts Jonathan Moyo

Former Higher and Tertiary Education, Science and Technology Development minister Jonathan Moyo, who is battling to defend a $5 million defamation claim filed by Vice-President Constantino Chiwenga tw...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Bogus estate agents on the prowl

REGISTERED estate agents in Gweru on Monday claimed that bogus property sellers were on the prowl in the Midlands capital and called on the council to help weed out the illegal operators.Trevor Dollar...

By Staff reporter | Published: 26 June 2019

OPINION

Scrapping of multi-currency regime: The implications

ON Monday, the government announced major changes in the monetary policy of Zimbabwe, highlighted by the ending of a 10-year multi-currency system.Further measures announced include the intended steri...

By Respect Gwenzi | Published: 26 June 2019

BUSINESS NEWS

Tendai Biti claims SI 142 is illegal

FORMER Finance Minister and legislator Tendai Biti has described the abandonment of the multi-currency system by government as a disaster while urging its reversal.The MDC MP for Harare East was addr...

By Staff reporter | Published: 26 June 2019

OPINION

The Chamisa effect and hope for a new Zimbabwe

NELSON Chamisa, the unopposed president of the opposition MDC, recently announced the members of his national executive committee. The appointments are not surprising - in many respects, they are a cu...

By Obert Hodzi | Published: 26 June 2019

SOCCER

Al Ahly revive Billiat interest

EGYPTIAN football giants Al Ahly have reportedly revived their interest in Warriors forward Khama Billiat, who displayed a scintillating performance in the opening match of the 2019 African Cup of Nat...

By Staff reporter | Published: 26 June 2019

ZIMBABWE

ZSE capitalisation surges 4,6% on multi-currency ban

The Zimbabwe Stock Exchange's capitalisation on Monday increased by 4,6% to ZWL$30,86 billion as the market reacted to government's decision to outlaw a multi-currency system adopted a decade ago.The ...

By Staff reporter | Published: 26 June 2019

POLITICS

Treason suspects' freedom bid flops

THREE treason suspects - MDC MP Joana Mamombe, cleric Evan Mawarire and Zimbabwe Congress of Trade Union (ZCTU) leader Peter Mutasa - had their separate applications for removal from remand dismissed ...

By Staff reporter | Published: 26 June 2019

POLITICS

Tajamuka gives Mnangagwa 7 day ultimatum

FIREBRAND pressure group Tajamuka/Sesijikile has given President Emmerson Mnangagwa a seven-day ultimatum to fix the current crippling financial crisis short of which they will call for a national sh...

By newzimbabwe | Published: 26 June 2019

SOCCER

Zimbabwe in make-or break battle

PREDICTABLY, there has been some toxicity, which is part of our game's DNA, regrettably there has been a tsunami of negativity, which is part of its tortured soul and, refreshingly, there has been a r...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Mthuli Ncube told to 'Set up Monetary Policy Committee'

ECONOMIST and businessman, Mr Eddie Cross, has hailed Government for abolishing the multi-currency system in favour of the local currency. Government on Monday scrapped the multi-currency regime and r...

By Staff reporter | Published: 26 June 2019

POLITICS

ZRP starts equipping police to deal with rioters

THE Zimbabwe Republic Police (ZRP) has started equipping police to deal with rioters in fulfilment of recommendations made by a Commission of Inquiry led by former South Africa President Kgalema Motl...

By Staff reporter | Published: 26 June 2019

POLITICS

Mnangagwa's Politburo meets today

THE Zanu-PF Politburo will convene a meeting at the party's headquarters in Harare today. In a statement yesterday, party spokesperson Simon Khaya Moyo said a Central Committee meeting which had been ...

By Staff reporter | Published: 26 June 2019

POLITICS

Chamisa's MDC in dialogue u-turn

THE MDC Tuesday looked to have given up on demands for a dialogue process involving itself and Zanu-PF although reiterating President Emmerson Mnangagwa should allow a neutral mediator to handle the t...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

RBZ hikes interest rate to 50%

THE Reserve Bank of Zimbabwe (RBZ) has increased the interest rate on its overnight window to 50 percent per annum from 15 percent in a bid to tame inflationary pressures alongside other measures mean...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

RBZ scraps US$10 000 daily trading limit for bureaux de change

THE Reserve Bank of Zimbabwe (RBZ) has scrapped the US$10 000 daily trading limit for bureaux de change and the 2,5 percent maximum profit margin for banks, in a bid to make the interbank forex market...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Mnangagwa claims that 'Country has returned to normalcy'

PRESIDENT Mnangagwa yesterday said the removal of the multi-currency regime marks the country's return to normalcy while assuring Zimbabweans that the Bond note will not be decommissioned. Finance and...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Big retail shops comply with forex directive

A snap survey conducted yesterday revealed that several retail shops in Bulawayo had already complied with the new policy and were selling their products in local currency. Although others had adjuste...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Zimbabwean exporters to continue getting US$

Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya says the new monetary regulations as announced through Statutory Instrument (SI) 142 of 2019 will have no effect on payment modalities to expor...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Load shedding to intensify - ZESA

Power utility, Zesa Holdings, has announced that it will implement load shedding outside the official schedule following a breakdown at Hwange Power Station. "Due to a technical fault at Hwange Power ...

By Staff reporter | Published: 26 June 2019

BUSINESS NEWS

Zinara finance director arrested

ZIMBABWE National Road Administration (Zinara) finance director Simon Taranhike has been arrested on allegations of criminal abuse of office and attempts to conceal corruption. Sources close to the in...

By Staff reporter | Published: 26 June 2019

POLITICS

Mnangagwa succession: Race now wide open

REVELATIONS by President Emmerson Mnangagwa that he wishes to be succeeded by a younger person have thrown wide open his succession, which many believed was a closed chapter.Speaking on a listener-bas...

By Staff reporter | Published: 25 June 2019

BUSINESS NEWS

Govt orders 200 000 vehicle number plates

THE Transport ministry has placed an order of over 200 000 number plates in an effort to address their shortages in the country.This comes as the Central Vehicle Registry (CVR) has been grappling with...

By Staff reporter | Published: 25 June 2019

POLITICS

MDC won't impose candidate for by-election

THE opposition MDC will not nominate any candidate for Glen View South constituency which fell vacant following the death of Morgan Tsvangirai's daughter, Vimbai Tsvangirai-Java.Tsvangirai-Java died a...

By Staff reporter | Published: 25 June 2019

POLITICS

'Mnangagwa political dialogue a joke'

UNITED African National Congress (UANC) leader Gwinyai Muzorewa has said political dialogue between President Emmerson Mnangagwa and multiple fringe opposition parties is not going to yield anything.M...

By Staff reporter | Published: 25 June 2019
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