News

The Zimbabwe African National Union- Patriotic Front has been peddling the Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim Asset)- its economic blue print for 2013-2018- as the answer to the country’s economic woes. What is it?

(349 VIEWS)

A Movement for Democratic Change legislator, who said Zimbabwe was suffering from power shortages because of lack of vision and corruption, said the Minister Energy Dzikamai Mavhaire should not be fired because he is his brother-in-law and his sister would suffer.

(72 VIEWS)

Buhera South legislator Joseph Chinotimba says those who support sanctions are no different from Mozambique’s Renamo leader Afonso Dhlakama and if he had his way they would be sentenced to life imprisonment for making life difficult for Zimbabweans.

(90 VIEWS)

Tourism and Hospitality Minister Walter Mzembi has outlined six ways that he intends to implement to boost domestic tourism which he says will be the engine driver of the tourism industry in Zimbabwe.

(1975 VIEWS)

Zimbabweans do not fully understand the value of the United States dollar, the main currency that they have been using since 2009, because it is only in Zimbabwe that a hamburger that costs US$1 in most countries costs up to US$15.

(84 VIEWS)

Foreign investors operating in what have been classified as “reserved” sectors for local entrepreneurs have one month to comply with the country’s indigenisation laws and the government says it will ensure that they do so.

(43 VIEWS)

Inflation drops-Zimbabwe’s inflation was today reported to have declined to 0.59 percent in October, despite the liquidity crisis in the country, largely because of the weakening South African rand. South Africa is Zimbabwe’s main trading partner accounting for 40 percent of total exports and 60 percent of total imports. The Zimbabwe National Statistics Office says that because of the tight liquidity situation, there is an across-the-board weakness in consumer spending or low aggregate demand.

(34 VIEWS)