HARARE – The bond note yesterday crashed to 1:250 against the United States Dollar — sparking panic among ordinary Zimbabweans who have been raging all week over government’s controversial two cents per dollar tax on electronic transactions — which triggered price increases and shortages of goods across the country. The surrogate currency, introduced at the…
HARARE – Finance minister Mthuli Ncube, whose controversial two cents per dollar tax has caused palpable anger among long suffering Zimbabweans and business — jumped the gun in announcing the new measures which had not yet been approved by President Emmerson Mnangagwa, the Daily News can reveal. [Adz] [GoogleAd]
BULAWAYO – The Grain Millers Association (GMAZ) has embarked on an urgent move to ensure the price of bread comes down to $1 after they applied for a $50 per tonne wheat import subsidy. The price of bread recently went up to $1,10 as the supply of wheat went down, coupled with high operational costs…
HARARE – Vice President Constantino Chiwenga, is apparently admitted at a private hospital in Harare — where he is being treated for a yet-to-be-disclosed ailment — the Daily News was told last night. This comes as sources also said yesterday that affable Foreign Affairs and International Trade minister, Sibusiso Busi (SB) Moyo, was still battling…
HARARE – MDC’s popularity has dwindled in Matabeleland, with voters shunning the polls in protest of underdevelopment in the region compared to other parts of the country, a report has revealed. The report released by Solidarity Peace Trust this week indicated that the populace in the region is largely demoralised and sees no purpose of…
HARARE – President Emmerson Mnangagwa has got it all to do after the government’s new measures to stabilise the country’s sickly economy were rejected by a wide cross-section of the Zimbabwean populace — who feel that the steps taken by authorities this week will worsen their suffering, the Daily News can report. This comes as…
HARARE – President Emmerson Mnangagwa has no original concepts of his own and is now relying on copying from the MDC even when the ideas are not sound, the opposition party’s leader Nelson Chamisa, pictured, has claimed. Chamisa, who has refused to accept Mnangagwa’s victory in the July 30 elections arguing the presidential poll was…
HARARE – Listed mining company RioZim Limited (RioZim) has dragged Defence and War Veterans minister Oppah Muchinguri-Kashiri to the High Court after one of its mines was apparently grabbed and handed over to two military-linked companies. This comes after Muchinguri-Kashiri is said to have unilaterally declared a portion of the company’s mining concessions in the…
HARARE – Long-suffering Zimbabweans have expressed disappointment in the government’s latest economic stabilisation measures that were announced on Monday, adding that they feared that things could take a turn for the worse in the country. In a bid to mitigate rising prices and the acute shortages of foreign currency in the country, authorities announced a…
HARARE – President Emmerson Mnangagwa has got it all to do after the government’s new measures to stabilise the country’s sickly economy were rejected by a wide cross-section of the Zimbabwean populace — who feel that the steps taken by authorities this week will worsen their suffering, the Daily News can report. [Adz] [GoogleAd]
