THE ongoing liquidity crisis in the country has reached alarming levels, making daily transactions extremely difficult for citizens and businesses alike. The scarcity of the local currency, ZiG, has resulted in a surge in US dollar transactions, further exacerbating the situation. At the heart of this crisis lies the Reserve Bank of Zimbabwe (RBZ)’s tight…
AS ZIMBABWE joined the rest of the globe yesterday in commemorating World Consumer Day, reflecting on the country’s current economic landscape is imperative. With a liquidity crunch stemming from a tight monetary policy aimed at stabilising prices of basic commodities, consumers are facing unprecedented challenges. The theme of World Consumer Day 2025 is a poignant…
THE prolonged use of the US dollar as a primary currency in the country has had far-reaching consequences on the economy. Despite efforts to promote the use of the ZiG, the US dollar remains the preferred currency for transactions. However, this trend must be reversed, and the government must take bold steps to de-dollarise the…
THE government’s decision to give vendors a 48- hour ultimatum to stop operating from the central business districts (CBD) across the country is a misguided attempt to address the symptoms of a larger problem. While the minister of Local Government, Daniel Garwe, concerns about health and security risks may be genuine, the fact remains that…
SINCE his arrival in the country, the Warriors’ German gaffer Michael Nees has spoken of the need to produce immediate results while also gradually building for the future. Nees has made it clear that the Warriors had some basics to fulfil, such as qualification for the Africa Cup of Nations finals — a mission which…
KIDZCAN Zimbabwe, an organisation dedicated to increasing the survival rate of children suffering from cancer and blood-related disorders, has become even more important against the backdrop of ballooning childhood cancer cases. According to available statistics, childhood cancer is the leading cause of death among children globally, with an estimated 400 000 new cases diagnosed each…
THE government’s decision to pay its suppliers in both US dollars and local currency (ZiG) is a welcome move that aims to maintain price and exchange rate stability. According to the minister of Finance, Mthuli Ncube, the government has started settling its debts to suppliers, amounting to over US$1,2 billion, in a controlled manner to…
THE Monday seizure of almost 4 000kg of dagga in Msasa, Harare, is a stark reminder of the magnitude of the drug problem facing our country. The sheer volume of the haul, worth millions of dollars, is a clear indication that drug peddling has become a lucrative business in the country. It is imperative that…
ZIMBABWE joined the rest of the world in commemorating International Women’s Day last Saturday, with the Zimbabwe Gender Commission (ZGC) calling for accelerated action to achieve gender equality and women’s empowerment. The commission emphasised the need to consolidate progress made over the past decade and address persistent gender inequalities that continue to hinder the full…
THE city of Bulawayo is reeling in shock and outrage following the senseless murder of Detective Constable Cassandra Hove, a devoted member of the Criminal Investigations Department (CID)’S Homicide Unit. The 34-year-old officer was brutally gunned down in the line of duty on Thursday night in Pumula South, Habek area, while fearlessly pursuing suspected armed…
