Monetary authorities today announced a raft of remedial measures meant to mop excess liquidity in the economy and stabilize the parallel market exchange rate which went haywire over the past two days. Since Monday morning, the Zimbabwean dollar has plunged nearly 20 percent as of Wednesday
GOVERNMENT will soon allow locals with free funds to pay passports fees in foreign currency with the move only awaiting a Statutory Instrument from the Ministry of Finance and Economic Development. Addressing the post Cabinet press briefing yesterday, Home Affairs and Cultural Heritage Minister Kazembe Kazembe
A severe drought currently hitting Zimbabwe and most parts of the Southern region is likely to slow down any economic activity in the country impacting heavily on agriculture, economist and politician, Dr Tapiwa Mashakada has said. The current dry spells have even worsened the situation as
Self exiled former Foreign Affairs Minister, Dr Walter Mzembi has emerged as a surprise interim leader of a new political outfit, the People’s Party. Mzembi has been out of the political scene since the November 2017 military coup which toppled former president Robert Mugabe and his
Finance and Economic Development Minister, Mthuli Ncube is yet to provide a detailed chronology of bilateral support initiatives with actual monetary values the government of Zimbabwe received from China this year following a wide variance between the figures he provided during the 2020 National Budget
Government will this morning start the registration of unemployed but qualified teachers who will be up for prospective employment in the first term of the 2020 educational calendar as it moves to bridge the staffing gap in its schools. Currently, it is estimated that the teacher
The opposition Movement for Democratic Change (MDC) has scoffed at claims by Finance and Economic Development Minister, Mthuli Ncube that the country, for the first time in years, recorded a budget surplus. Earlier this year, Ncube revealed that the government achieved half a million dollars in
Outspoken disk jockey and music producer, DJ Stavo born Steven Sanders has penned an open letter to President Emmerson Mnangagwa to conscientize the country's leader on possible avenues that are paramount to economic growth. Also addressing the letter to arts and finance ministers, Kirsty Coventry and
Finance and Economic Development Professor Mthuli Ncube faces war from many fronts as civil society organizations team up with the citizenry to dump the banker’s austerity for posterity measures on the back of further economic collapse with workers earnings having been eroded to the last
Finance and Economic Development Minister Professor Mthuli Ncube has come under fire from the labour mother body Zimbabwe Congress of Trade Unions (ZCTU) over his ‘austerity for posterity’ economic reform agenda which has seen the country’s economy taking a nose dive barely a year after
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