© GOVERNMENT has discontinued the use of the multi-currency system while declaring the Zimbabwe dollar (ZW$) — abandoned about 10 years ago — as the only official trading currency, the Daily News can report. [GoogleAd] The multi-currency system was adopted in February 2009 after the ZW$ had become worthless due to hyperinflation which, according to…
© ANALYSTS warned yesterday that in its desperate bid to halt run-away prices, government might have pressed the self-destruct button by rushing to introduce the Zimbabwe dollar (ZW$) when all pointers on the ground suggest otherwise. [GoogleAd] Economic experts had long advised President Emmerson Mnangagwa’s administration to delay the exhumation of the ZW$, abandoned in…
© SPORTS and Recreation Commission chairperson Gerald Mlotshwa, last week took the bold decision to suspend the entire Zimbabwe Cricket (ZC) board and its managing director, Givemore Makoni — in a move which has raised fears of polarising the game. [GoogleAd] The SRC said it had taken that drastic decision in view of the “defiance”…
© SUNDAY marked a year after President Emmerson Mnangagwa narrowly escaped an assassination attempt following a bomb explosion that rocked a Zanu PF rally at White City Stadium. The blast which occurred on June 23 last year claimed lives of two security aides, while scores of Zanu PF supporters, including top government officials, were injured….
© EDITOR — It made sad reading that the government is spending US$21 million on top-of-the-range vehicles for Members of Parliament and Senators in the ninth Parliament at a time when the country is in economic turmoil. [GoogleAd] Was this spending really necessary when the country is facing foreign currency shortages? The government is currently…
© THE Zimbabwe Power Company (ZPC) has defended the proposed demolition of two cooling towers at the Bulawayo Power Station, saying they are outdated and pose a health hazard to members of the public and staff personnel. [GoogleAd] ZPC’s plans to demolish the iconic towers as part of its retooling project infuriated Bulawayo residents who…
© TREASURY splashed over $20 million on top-of-the-range vehicles for Members of Parliament and Senators in the ninth Parliament, which the recipients will start receiving this week. Government acquired Toyota Hilux double cabs valued between US$40 000 and US$60 000 each. [GoogleAd] Considering the bicameral Parliament has a total of 350 MPs and Senators, at…
© Amalgamated Rural Teachers Union of Zimbabwe (Artuz) president Obert Masaraure appeared in court yesterday after he violated his bail conditions. [GoogleAd] Masaraure is on remand on allegations of plotting to topple a constitutionally-elected government by urging people to protest against fuel hikes in January. Harare provincial magistrate Barbra Mateko remanded Masaraure in custody to…
© THE opposition Zapu wants Bulawayo City Council (BCC) to honour its late leader and national hero, Dumiso Dabengwa, by naming one of the city’s streets after him, the Daily News can report. [GoogleAd] Dabengwa died last month aged 79 — after succumbing to a liver-related ailment. Although the late liberation stalwart was declared a…
© VICE President Constantino Chiwenga’s prolonged absence from the public glare should be a source of major concern, especially in view of the enormity of the challenges facing the country, analysts have said. [GoogleAd] Chiwenga has been in-and-out of office since his appointment as VP in 2017 due to ill-health. In October, government said the…
