Articles tagged 'zimasset'

Chivi RDC builds 70 classroom blocks under Village ZimAsset 13 March 2018 HARARE - CHIVI councillors have built more than 70 classroom blocks throughout the district in a bid to break the cycle of poverty. The projects — conceived under the 129-page government's economic blueprint ZimAsset which details a five-year government plan stretching to 2018 for the economy ...
Drop indigenisation, ZimAsset: Tshinga 29 November 2017 BULAWAYO – Former War Veterans minister Tshinga Dube has taken a dig at some of the policies, which were implemented under former president Robert Mugabe's government, describing them as impractical. Dube, who was expelled from his ministry by Mugabe due to his alleged links with then vice pre...
Mugabe must provide jobs for all 26 May 2017 EDITOR — President Robert Mugabe has failed to create jobs for youths in Zimbabwe, but for his son in-law Simbarashe Chikore and his daughter, Bona, he has successfully managed to do that. Out of 2,2 million jobs promised it seems only two have been created and with only a year left, Mugabe ha...
Worker's Day: Zim mourns death of industry 4 May 2017 HARARE - Zimbabwe this week joined the rest of the world in commemorating Workers’ Day celebrated worldwide on May 1 as unemployment in the country hovers at a staggering 90 percent. When Zimbabwe gained independence in 1980, the new leadership inherited a vibrant industry that employed millio...
Dying Zim economy a 'ticking bomb' 30 April 2017 HARARE - Long-suffering Zimbabweans have laid into President Robert Mugabe's misfiring government, warning that the country's dying economy, worsening cash shortages and rising poverty levels are “a ticking time bomb” that now requires emergency measures. This comes as the country's usually re...
Mugabe: Master at ducking responsibility 27 April 2017 HARARE - Ever since the controversial July 2013 elections, Zimbabweans have been scrounging for survival amid a plethora of challenges. The ruling Zanu PF — victorious in the heavily contested polls — entered a new trajectory characterised by deadly internal squabbles, at a time the general so...
Mugabe witnesses ugly side of his rule 18 December 2016 MASVINGO - A frail and struggling President Robert Mugabe yesterday came face-to-face with the ugly side of his rule when he officially opened an information centre in the poverty-stricken township of Chikato on a drizzling day yesterday. The Zanu PF leader, who took a detour from his party co...
ZimAsset fails to prop up Mugabe 18 December 2016 HARARE - What should have been President Robert Mugabe’s finest hour may be becoming his darkest. Mugabe admitted at a crucial meeting of his ruling Zanu PF party on Friday in Masvingo, 292km south of Harare, that his five-year economic plan — which requires $27 billion in funding and aimed at...
Govts should create employment: Envoy 13 December 2016 HARARE - Ethiopia's ambassador to Zimbabwe Mustafe Dek Abdisalam has challenged governments to create jobs for their growing populations. At the commemorations for International Migrants Day last Thursday, Abdisalam said because of unemployment, many people were becoming illegal migrants in di...
Zanu PF should fulfil its promise 23 October 2016 EDITOR — Zanu PF bankrolls many development plans, economic blueprints every time when there is an election or when we near an election. This only highlights it’s intention to win all the elections. Last week, Zanu PF unveiled thousands of stands in Norton just in time for the by-election held...
Zim education now meaningless 1 October 2016 HARARE - Thousands of students from the University of Zimbabwe graduated yesterday but a dark cloud hovered over the celebrations amid indications that many of the graduates are only fuelling the high unemployment rate in the country due to lack of job opportunities. As per tradition, Presiden...
'We are fed up, not afraid' 4 August 2016 HARARE - Large crowds thronged Harare's central business district yesterday as increasingly restless Zimbabweans, including unemployed university graduates who are having to eke out a difficult living as street vendors, marched against the country's dying economy and the government's imminent int...
Will govt crush Tsvangirai's MDC demo? 7 April 2016 HARARE - The MDC has announced it is planning a large-scale civilian protest on April 14. Opposition officials say this is a fulfilment of a key resolution of the MDC's 2014 national congress that was held at the City Sports Centre in Harare, to force government to implement fundamental electo...
'Out of 2m jobs, Zanu PF has created 2' 5 April 2016 HARARE - Kuwadzana East MDC MP Nelson Chamisa has savaged President Robert Mugabe for failing to deliver on his election promises. Addressing a bumper rally in Kuwadzana on Sunday, Chamisa said the much-touted economic blueprint, the Zimbabwe Agenda for Sustainable Socio-Economic Transformatio...
Chaos fears as Zim economy burns 27 March 2016 HARARE - As Zimbabwe continues on its precipitous economic and political decline of the past 16 years that is widely blamed on President Robert Mugabe and Zanu PF's misrule, there are renewed fears that the debilitating violence that rocked the country when the ruling party lost the 2008 election...
2013 poll lies haunt Mugabe's Zanu PF 22 March 2016 HARARE - With a mere two years to go to Zimbabwe's next national elections, Zanu PF's pie-in-the-sky 2013 election promises are coming back to bite the governing party, with the economy continuing to tank and bleed tens of thousands of badly-needed jobs every new year. This comes as analysts s...
Rural electrification fund accrues $245m 13 February 2016 HARARE - The Zimbabwe Rural Electrification Fund has accrued close to $245 million between 2009 and 2015 from six percent levy, fiscus funding and other income, as government moves to empower rural communities. The Fund, which was established through an Act of Parliament (Chapter 13:20) of 200...
'2016 Budget clashes with ZimAsset' 9 December 2015 HARARE - Zimbabwe's 2,7 percent economic growth projection for next year  is out of sync with the country's five-year economic blueprint goals, Speaker of Parliament Jacob Mudenda has said. Mudenda told delegates attending a Post-Budget Seminar in the capital yesterday that there was need to f...
I crafted 2,2m jobs policy: Zhuwao 10 November 2015 HARARE - Youth and Indigenisation minister Patrick Zhuwao has claimed credit for crafting a hollow Zanu PF election promise of delivering 2,2 million jobs which has come to naught. A document titled the Zimbabwe Agenda for a Sustainable Socio-Economic Transformation (ZimAsset), details plans t...
Mugabe clueless on reviving economy 27 August 2015 HARARE - President Robert Mugabe on Tuesday wasted a golden opportunity to pronounce key economic policies when he presented his State-of-the-Nation Address in Parliament that was long on rhetoric and short on solutions to a plethora of challenges affecting the economy. To say Zimbabwe is a pa...
ZBC fires hundreds, closes TV station 12 August 2015 HARARE - As Zimbabwe's economic meltdown continues to escalate, the cash-strapped Zimbabwe Broadcasting Corporation (ZBC) on Wednesday closed its loss-making second television station and fired hundreds of its employees using the recent Supreme Court ruling that confirmed that employers could ter...
Herald, ZBC retrench hundreds of employees 8 August 2015 HARARE - With Zimbabwe's economy in the doldrums and showing no prospects of recovering any time soon, State media organisations -- the Zimbabwe Broadcasting Corporation (ZBC) and Zimpapers, the publishers of The Herald, the Sunday Mail and the Chronicle newspapers -- are retrenching hundreds of ...
ZimAsset too ambitious: Hawkins 25 January 2015 HARARE - Zimbabwe's five year economic blueprint, ZimAsset, is too ambitious and risks failing to meet its targets because it depends on rapid export growth in a sluggish world economy, a top economist has said. Tony Hawkins, the University of Zimbabwe Economics lecturer said targets set out i...
ZimAsset must be practical, says Japanese envoy 30 November 2014 HARARE - Zimbabwe's economic blueprint, ZimAsset, cannot be funded in its current form and needs to be reviewed to make it practical, Japanese ambassador Yoshi “Tendai” Hiraishi says. In an interview with businessdaily this week, Hiraishi noted that while the document lays out government’s eco...
Zim mulls domestic processing industry 23 August 2014 HARARE - Government should put an end to exports of raw materials as a first step in establishing domestic processing industries that will dramatically boost revenue from sales of finished products, hike tax receipts and benefit Zimbabweans, President Robert Mugabe said yesterday. Officially o...