Opinion

Curb inflation and money supply

Zvamaida Murwira Senior Reporter Finance and Economic Development Minister Professor Mthuli Ncube should come up with fiscal policies that curb inflation and stimulate production when he presents his 2020 National Budget proposals on Thursday, economic analysts have said. They urged Treasury to come up with realistic projections so that the …

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Govt must rein in forex dealers

Beaven Dhliwayo Features Writer DESPITE introducing heavy penalties aimed at deterring would-be offenders, illegal money changers across the country are back on the streets, well-oiled and operating openly. In October last year, Government crafted a law prescribing a 10-year custodial sentence for anyone seen trading in foreign currency on the …

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Cash injection welcome, but…

MUCH as we should be rejoicing and dancing mad in the streets that government will, starting today, drip-feed a billion dollars of our already inflation-gnawed currency into the market, the air is murky thick with a sense of despondency. That sense of hopelessness emanates from a strong feeling that the …

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Jumbo-sized blow for Sadc ivory trade push

A worldwide offensive by SADC countries to push for ivory trade hit a brick wall after UK antique dealers failed in an attempt to overturn a total ban on ivory trading in a case heard in a High Court there recently. According to media reports filtering from the UK, last …

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Locking resources into a sustainable future

Tapiwa Maswera Correspondent Whenever you talk about the liberation struggle in Zimbabwe, few men stand out for their iron-clad conviction, resolute determination and military vision and foresight like Josiah Tongogara. In one of the video clips on YouTube, the popular war hero, astonishingly calls Ian Smith, a great teacher. This …

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Wanted: Shelters at bus terminuses

Tanaka Mahanya Features Writer Disrupted, disorderly and messy beyond repair sheds welcome commuters at Copacabana bus terminus in the capital. Commuters are seen queueing for the Zupco bus which has delayed by close to two hours, enduring the scorching sun at the terminus. A young man is sweating profusely as …

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Currency reforms can work if Zimbabweans want them to

Anthony Matutu Correspondent Today, the Reserve Bank of Zimbabwe (RBZ) starts the process of injecting new notes into the financial system to improve the level of physical cash in circulation. This is expected to make life easy for ordinary Zimbabweans, including pensioners, who are spending long hours queuing for cash …

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Sanctions: It’s time to hit back at US and its puppets

Tafadzwa Mugwadi The world over, nations have been faced with moments to decide, in direct response to either historical, present or future threats to the national interest. Zimbabwe is not an exception. The unfortunate reality is that when the nation arrives at such an interregnum, not every citizen realises it. …

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Editorial Comment: Do more to perfect the tobacco system

The 16 percent decline in farmers who have registered to grow tobacco in Zimbabwe’s 2019-2020 farming season has far-reaching implications on foreign currency generation for the country. Tobacco is among Zimbabwe’s major foreign currency earners, and a decline in production translates into a drop in inflows of hard currency, and …

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