The local currency appreciated for the first time against the US dollar after it firmed a marginal 0.094% to 83.3209 from 83.3994. This followed a drop in both the highest and lowest bids to 87.5 and ...
Industry is yet to gather data on how much sales are being generated in foreign currency although there is an increase in the use of domestic nostro accounts to settle transactions as RTGS liquidity b...
PRESIDENT Emmerson Mnangagwa has gazetted Statutory Instrument 85/20, which will allow citizens and businesses to charge goods and services using the United States (US) dollar as part of combating the...
The Reserve Bank of Zimbabwe has suspended the 30-day liquidation requirement on un-utilized foreign currency balances for exporters to support its use of free-funds policy. Last week the RBZ announce...
In response to the Covid-19 pandemic, government is to erect a 40km fence within a month to ensure that no undocumented or infected persons cross the border into South Africa from Zimbabwe and vice ve...
Government has dangled a carrot to potential investors in the renewable energy sector by giving tax breaks as well as awarding national project status for such ventures.This is contained in the new en...
FORMER Local Government minister, Ignatius Chombo, was yesterday removed from remand in a case he is accused of illegally facilitating the sale of a government house in Mutare to ex-Zanu-PF legislator...
SPEAKER of the National Assembly Jacob Mudenda has slammed Zanu-PF MPs for disrupting Parliament's portfolio committee meetings chaired by MDC legislators saying the development contradicted President...
The Reserve Bank of Zimbabwe (RBZ) has released US$23,89 million for the purchase of fuel to be sold in local currency for the week March 16 to 22. RBZ governor Dr John Mangudya made the announcement ...
President Mnangagwa has said that travellers from ‘high risk countries' will be quarantined for 14 days before they can mingle with Zimbabweans as Zimbabwe upped efforts to stop the spread of COVID-...
Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...
GOVERNMENT has introduced a Reuters system for foreign currency trading which allows banks to trade freely as a way of stabilising the exchange rate as well as bringing down inflation to sustainable l...
BRITAIN is turning up the heat on President Emmerson Mnangagwa and his government to urgently implement much-needed political and economic reforms, as well as end corruption and human rights abuses in...
PRESIDENTIAL Affairs minister Joram Gumbo was never arrested for criminal abuse of office, but he was just being interviewed on the goings on in parastatals which fell under his previous ministry and ...
GOVERNMENT has fired 77 doctors who have been on strike for better conditions for over two months while disciplinary action against the other medical professionals on industrial action is still ongoin...
THE opposition MDC has defended its MPs who recently attended a government organised pre-budget seminar in Victoria Falls, where an estimated US$5 million was blown in less than a week.Amid a backlash...
ZIMBABWE Miners Federation president Henrietta Rushwaya has called on government to re-align mining laws to decriminalise the possession of gold to increase production by artisanal miners.Speaking at ...
The Zimbabwe Consolidated Diamond Company (ZCDC) yesterday said the decision by the United States to issue a withhold release order (WRO) for artisanal rough cut diamonds from Marange was impacting ne...
CIVIL servants have threatened to completely down tools and escalate their fight for better wages after police yesterday blocked their march to hand over petitions to Finance and Labour ministers.The ...
THE Constitutional Court (ConCourt) yesterday deflated MDC-T leader Thokozani Khupe's bid to wrest the MDC presidency from Nelson Chamisa, after dismissing her challenge for being expelled from Parlia...
PRESIDENT Emmerson Mnangagwa yesterday pledged to descend heavily on perpetrators of machete violence, reiterating that deterrent sentences must be imposed on those found in possession of the weapons....
A leading South Africa precious metals dealer African Medallion Group (AMG) has proposed to the Reserve Bank of Zimbabwe (RBZ) the launch of a digital currency backed by physical gold, with an aim to ...
PRESIDENT Emmerson Mnangagwa last night made key appointments in government which saw a deputy director-general of the Central Intelligence Organisation becoming Home Affairs and Cultural Heritage min...
SPEAKER of the National Assembly Jacob Mudenda has kept MDC legislators guessing about whether or not they will be allowed to hold ministers to account in Parliament, saying they will only know their ...
CIVIL servants have warned that they will sabotage President Emmerson Mnangagwa's government programmes if authorities continue to disregard their demands for better working conditions, the Daily News...