On Wednesday, October 31, Finance Minister Mthuli Ncube presented a ministerial statement on the state of the economy, and debated MPs in Parliament. Below is a Hansard transcript of part of the debate, where former Finance Minister Tendai Biti and...
FORMER South African President Kgalema Motlanthe will chair a seven-member commission of inquiry into Zimbabwe’s post-election violence. Seven people were left dead following a military crackdown on opposition protesters in Harare on August 1, tainting an election that had been...
ZIMBABWE lost over 1 million jobs over the last four years, according to official statistics which contradict the ruling ZANU-PF party’s employment creation claims. The Zimbabwe National Statistics Agency’s (Zimstat) 2017 inter-censal demographic survey shows that the country’s economically active...
MDC Alliance leader Nelson Chamisa has deleted a tweet in which he claims ‘resounding’ victory in the presidential election, after deadly violence rudely disturbed a calm pre-poll environment. Chamisa’s pre-dawn Tuesday tweet was posted as early unofficial returns, mostly from...
Canadian mining group the Caledonia Mining Corporation has entered into a memorandum of understanding meant to help it regain control of its Zimbabwe-based subsidiary Blanket Mine. It had to cede shareholder control of the mine in 2012 when it complied...
Reserve Bank of Zimbabwe has told banks to separate foreign currency accounts (FCAs) from local RTGS balances, a step which reflects the decimation of the value of depositors’ funds. From October 15, banks will allow depositors to hold separate accounts...
ZIMBABWE’S government is considering oral cholera vaccines as the death toll bacterial diarrhoeal disease continues to rise, reaching 24 deaths by Wednesday, according to the World Health Organisation. The country is experiencing its third major cholera episode since 1998, with...
Vast Resources has concluded an agreement that will give it access to the Marange diamond fields in Chiadzwa, the London-listed company has said. Vast will partner with Red Mercury a company owned by the Marange-Zimunya Community Share Ownership Trust Community...
President Emmerson Mnangagwa has defended this week’s steep fuel price increase amid violent protests which rocked Harare and Bulawayo on Monday. Mnangagwa announced a 150% fuel price increase on Saturday in a bid to...
Total payments in the economy declined 10% in November 2018, as the effects of an electronic payment tax introduced the previous month started to hit spending, central bank data has shown. Government raised $170...
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