Articles tagged 'us dollars'

No pay for striking doctors 1 February 2019 HARARE – Government has said it will not pay doctors for the days they were absent at their work stations during the 40-day long industrial action which started early in December and ended at the start of last month. The Heath Services Board told the Daily News that government will only pay th...
ED urged to hike public sector salaries 14 January 2019 HARARE - A Zimbabwean businessman has urged government to raise wages in a bid to prevent the meagre income of public sector workers becoming a source of anger for citizens. In a letter to President Emmerson Mnangagwa seen by the Daily News, businessman Frank Buyanga said the hike will preempt...
Government calls schools to order 22 December 2018 HARARE – Government has directed that all schools, including those that fall under the Association of Trust Schools (ATS) must not demand payment of fees in foreign currency. This comes after a number of schools had pleaded with government to be allowed to charge tuition in United States dolla...
ED's 100 days in office 17 December 2018 HARARE – President Emmerson Mnangagwa has led “the most failed first 100 days of any president,” analysts have said, citing the worsening plight of the long-suffering majority of Zimbabweans. Mnangagwa was installed president on August 26, after the Constitutional Court confirmed his disputed ...
just in ... Teachers to embark on 275km march for US dollar salaries 5 December 2018 HARARE - Rural teachers are set to embark on a 250 km march from Mutare to Harare in a protest to demand salaries in United States Dollars and demanding higher bonus payment. In a letter to Finance minister Mthuli Ncube, Amalgamated Teachers Union of Zimbabwe secretary general Robson Chere sai...
Hospitals shut down as doctors' strike begins 4 December 2018 HARARE - Things are going from bad to worse in Zimbabwe — with yesterday's devastating strike by doctors at the country's public hospitals being the latest problem to confront President Emmerson Mnangagwa's beleaguered government. [GoogleAd]
Zimra clarifies on dutiable goods 27 November 2018 HARARE - The Zimbabwe Revenue Authority (Zimra) has clarified on guidelines used in the clearance of the designated foreign currency dutiable goods and specified requirements needed to get an exemption approval. This comes after the ministry of Finance and Economic development invoked the Cust...
Prohibitive input prices will ruin Zim prospects 4 November 2018 HARARE - The recent wave of price increases that has been sweeping across the country has not spared the country's agricultural sector, without doubt the mainstay of the Zimbabwean economy. Prices of farming inputs — especially those for seed and fertiliser — virtually shot through the ceiling...
Boost health spending: Doctors 4 November 2018 HARARE - President Emmerson Mnangagwa's government should boost health spending in the face of increasing public concern about the appalling state of healthcare. Zimbabwe Association of Doctors for Human Rights spokesperson Fortune Nyamande told the Daily News on Sunday, government should incr...
ED to extend central bank governor's term 2 November 2018 HARARE - President Emmerson Mnangagwa is extending the term of central bank governor John Mangudya which is due to expire in February, a spokesperson said yesterday. Mangudya has been in the post since March 2014 and is widely seen as a guarantor of monetary stability, although the Reserve Ban...
Medical aid to be paid in forex 10 October 2018 HARARE – Thousands of struggling workers are at risk of failing to access medical services after the Association of Health Care Funders of Zimbabwe (AHFoZ) yesterday warned that it will soon start charging subscriptions in United States dollars. AHFoZ represents all medical aid societies in Zi...
No to GNU talks — Chamisa 10 October 2018 HARARE - MDC leader Nelson Chamisa says he will not be “tricked” into a government of national unity (GNU) like what happened with the party's founding president, Morgan Tsvangirai, in 2008. Chamisa poured cold water on sentiments that he must smoke a peace pipe with President Emmerson Mnangag...
Scramble for Emirates tickets 10 October 2018 HARARE - Zimbabwe's travelling public is scrambling to secure Emirates tickets, some booking as far ahead as August 2019 for speculative reasons. Emirates, is among the few major airlines which have not yet withdrawn full ticketing in Zimbabwe after British Airways (BA) — operated by Comair — ...
Split in Cabinet over transaction tax 9 October 2018 HARARE - The recently announced tax regime has divided President Emmerson Mnangagwa's Cabinet right through the middle with a section of it pushing hard to have the austerity measures reversed to ease the suffering among ordinary Zimbabweans, the Daily News can report. Early last week, Finance...
Talk to Chamisa to spur economy, ED urged 8 October 2018 HARARE - With the country's economy continuing to haemorrhage badly despite the government's best efforts, analysts and ordinary citizens are urging President Emmerson Mnangagwa to engage opposition leader Nelson Chamisa (pictured)to stem an economic “Armageddon” similar to 2008. Among the pro...
Drug firms in dire straits 8 October 2018 HARARE - The pharmaceutical industry has warned of a catastrophic health crisis if the government does not release emergency funds for the importation of life-prolonging drugs. This comes as many local pharmacies have started selling medication in hard cash and United States dollars only. I...
'Currency woes to linger' 8 October 2018 HARARE – Zimbabwe's currency woes will linger as long as its awkward monetary system remains, a research think-tank BMI has said. The country's cash system is currently made up of a concoction of currencies, which includes the bond notes, a pseudo currency said to be backed by an Afreximbank f...
Economy must move towards normalcy now 8 October 2018 HARARE - The Zimbabwean economy has been a subject for discussion for decades now as it continues its slide into the abyss. Following the July 30 harmonised elections, a lot has been said about the best post-poll arrangement with some pushing for an inclusive government similar to the one that...
ED externalisation list: Business pressures govt 1 April 2018 HARARE - Zimbabwe's largest business lobby group, the Confederation of Zimbabwe Industries (CZI), is pressing government to clear 40 of its members who were “wrongly” listed as money externalisers by President Emmerson Mnangagwa. The body has scheduled a meeting with central bank governor, Joh...
Balooning prices dampen Xmas 23 December 2017 HARARE - Thousands of ordinary Zimbabweans who had anticipated having a decent festive season — on the back of promising policies by President Emmerson Mnangagwa's government — risk enduring a bleak Christmas as retailers have hiked prices of foodstuffs. This comes as Mnangagwa's government th...
Critical shortage of drugs looming 23 December 2017 HARARE – The Pharmaceutical Society of Zimbabwe (PSZ) has warned of a looming drugs shortage after it failed to access foreign currency from the Reserve Bank of Zimbabwe (RBZ) for the importation of critical medicines. Zimbabwe is relying on foreign imports for its drugs, equipment and hospita...
Cost of drugs shoots up 22 October 2017 HARARE - The medicines industry in Zimbabwe has been affected by foreign currency shortages which have seen the cost of drugs go up. At the same time, medical aid societies are on a collision course with pharmacists as they blame each other for non-payment and price inconsistencies. While h...
Foreign currency shortages worsen 12 October 2017 HARARE - The country's foreign currency shortage crisis is worsening, with more banks stopping payments to Multichoice, Africa's largest pay-TV company. This also comes as e-wallet payment system, Ecocash, run by mobile firm Econet Wireless, suspended international transactions on its MasterCa...
Price hikes: Retailers dig in 9 October 2017 HARARE - The Confederation of Zimbabwe Retailers (CZR) has said shops have “no choice” but to increase prices as they are sourcing foreign currency from the black market where they are charged steep premiums. This comes as retailers have significantly increased prices of basic goods, amid esca...
Concern over $5m paid to artisanal miners 3 October 2017 HARARE - Government is worried that artisanal gold miners who are paid $5 million weekly in US dollars and bond notes for their export incentive could be abusing the cash they are being paid by Fidelity Printers and Refiners and by banks. Fidelity Printers and Refinery is a unit of the Reserve...