A year ago, Kuvimba Mining House did not exist. Now it could be the country's biggest gold producer. How? The answer shows how transparency is still not a thing for Zimbabwean authorities.
Zimbabwean industry, once the envy of the region, has been decimated by the economic crisis of the past 20 years. The National Development Strategy, the latest government five-year economic plan, carries five sets of data that show the scale of...
In June, Zimbabwe's central bank introduced the foreign currency auction system, one of many policy measures attempted over the past two years to stabilise the crisis-hit currency. So far, companies have accessed a total of US$434.7 million from the auction....
President Emmerson Mnangagwa on Thursday set a highly ambitious legislative agenda for his government. There are at least 40 pieces of legislation, from new Bills, amendments and ratifications that are planned. Given the recent record on enacting legislation, there’s little reason...
President Emmerson Mnangagwa sold optimism in his state of the nation address Thursday, saying a period of exchange rate stability shows that his policies are delivering. But not everyone is convinced that it's time to break out the festive...
President Emmerson Mnangagwa has made two Cabinet changes that throw contrasting light on his leadership. First, Mnangagwa fired Energy Minister Fortune Chasi, just as the Minister was out in the public fighting ZESA executive chairman Sydney Gata over claims of...
Zimbabwe has signed an agreement with white former farmers for US$3.5 billion in compensation for improvements on farms taken over for resettlement under the land reform exercise. But, why are farmers being compensated? What are they being compensated for exactly?...
This month, Zimbabwe’s government will pay United States dollar allowances to its workers, exactly a year after declaring the end of a 10-year dollarisation experiment. Wednesday’s announcement that the government will pay US$75 to each employee and US$30 to state...
Reserve Bank of Zimbabwe has announced a new forex auction system, saying it will bring "transparency and efficiency" to currency trade. The auction system is the latest in a series of attempts by central bank over the past two years...
It was finger-pointing week. At ZANU PF headquarters on Wednesday, President Emmerson Mnangagwa had an explanation for the economic crisis; it was the detractors.  “On the economic front, we are witnessing a relentless attack...
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