Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw THE government is considering reopening the Zimbabwe Stock Exchange (ZSE) whose operations were suspended last month as part of efforts to stop the continued slide of the Zimbabwe dollar. Speaking at the Daily News-sponsored virtual meeting on the post-mortem of the government Mid-term Fiscal Policy Statement on Monday, Finance…
Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw THE prices of basic consumer goods should start to come down in the coming months following the recent introduction of the foreign currency auction system and other measures aimed at stabilising the country’s economy, the governor of the Reserve Bank of Zimbabwe (RBZ) John Mangudya, pictured, has said. Addressing…
THE leader of Transform Zimbabwe and also the main organiser of the planned July 31 mass demonstrations, Jacob Ngarivhume, was arrested yesterday. This comes as the government had warned opposition and civil society groups behind the planned protests that they would be treated like terrorists, and likely end up being jailed. It also comes after…
Mugove Tafirenyika SENIOR STAFF WRITER tafirenyikam@dailynews.co.zw ZIMBABWE’S economy has turned the corner and is set to improve at the beginning of next year following a number of interventions by the government, Finance minister Mthuli Ncube has said. This comes as the country’s economy shrank by eight percent last year, amid fears that it could contract…
Blessing Masakadza STAFF WRITER masakadzab@dailynews.co.zw FORMER Information Communication Technology minister Supa Mandiwanzira, who is facing allegations of criminal abuse of office for allegedly seconding his personal assistant to the board of the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) without due process, yesterday demanded his freedom. Mandiwanzira has since filed for exception to the…
Blessings Mashaya SENIOR STAFF WRITER mashayab@dailynews.co.zw JITTERY authorities have once again warned the opposition and civil society groups planning to hold unsanctioned mass demonstrations on July 31 that they will be treated like terrorists and likely end up being jailed, the Daily News reports. This comes as the organisers of the protests have vowed to…
Sindiso Mhlophe STAFF WRITER mhlophes@dailynews.co.zw THOUSANDS of Zimbabweans based in neighbouring countries and who are on anti-retroviral (ARV) treatment are in limbo after the current coronavirus travel restrictions in the region cut off their access to the critical medicines. This comes as Zimbabwe itself is also currently experiencing ARV shortages due to the slow movement…
Sindiso Mhlophe SENIOR STAFF WRITER mhlophes@dailynews.co.zw THE United Nations (UN) has warned that global hunger is likely to increase by 80 percent before the end of this year, with Southern African countries accounting for over 19 percent of the food insecure population. Currently, Zimbabwe has over eight million people facing starvation while the global population…
AS THE economy continues to tank amid rampant public sector corruption, opposition parties have upped the ante by mobilising for July 31 anti-government protests. Justice minister Ziyambi Ziyambi, pictured, however, has warned that government will introduce new measures, including a law which treats organisers of demonstrations as terrorists. He speaks to Daily News’ Senior Staff…
A BRITISH think-tank has warned that President Emmerson Mnangagwa’s continued hold on power faces significant challenges unless his government acts to end the country’s worsening political and economic crises, the Daily News on Sunday reports. In addition, the Economist Intelligence Unit (EIU) also says that the government will use security forces to repel the restive…
