Posted inStories
Construction of Batoka power plant to start next year
Zambia and Zimbabwe will start building the 2 400 MW Batoka Gorge hydro power plant next year, a company jointly owned by the two governments said today. The Batoka project…
Posted inStories
Have you ever noticed that Zimbabwe finances are being run by real finance people for the first time in years?
The turmoil in Zimbabwe may have camouflaged the fact that the country’s finances are for the first time in years being run by professionals, all former bankers with hands on…
Posted inStories
Zimbabwe Police to arrest those still selling goods in US dollars
The Zimbabwe Republic Police today warned those still selling goods in United States dollars that they will be arrested. Zimbabwe discontinued the use of multiple currencies last week saying all…
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We paid Eskom – Guvamatanga
Zimbabwe’s Permanent Secretary for Finance George Guvamatanga today said the government had paid South Africa’s power company, Eskom, US$10 million as far as his ministry is concerned because once the…
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Zimbabwe to print Z$400 million to ease cash shortage
Zimbabwe today said it will initially print Z$400 million, which will be gradually introduced in circulation to fill gap left by end of dollarisation, and thus ease the current cash…
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General Electric was part of the US grand plan for the day after Mugabe
General Electric, one of the biggest companies in the United States and in the world, says it will be sending a team to Zimbabwe this month to look for investment…
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Does Zimbabwe currency reform have IMF backing?
With major support from the International Monetary Fund on Zimbabwe’s ongoing reform process, the government announced a key step towards the return of the Zimbabwe dollar on Monday. This follows…
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Chamisa told: We are tired of your tweets, we want action
Movement for Democratic Change leader Nelson Chamisa was today told by his twitter followers to stop tweeting and take action. One follower even wished Morgan Tsvangirai were alive as he…
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Zimbabwe dollar to expose how ridiculous prices in Zimbabwe are
Four years ago, when I wrote a story about seeing a doctor and paying a consultation fee of the equivalent of 56 US cents, some of the Insider readers, used…
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Watch: Biti’s coup boob
Movement for Democratic Change vice-president Tendai Biti made a big boob when he told an interviewer in the United States that one of the reforms Zimbabwe needs is how to…