IMF – newzimbabwevision

(Bond Notes To Start Circulating In August And Not June 2016)-RBZ Governor Dr John Mangudya

Posted on May 29, 2016 by newzimbabwevision

Bond notes will start circulating around August 2016 – and not June as previously projected – as their production takes at least four months, central bank RBZ Governor Dr John Mangudya has said. Government has also ruled out reintroducing the Zimbabwe dollar “anytime soon”, saying the multi-currency system will remain operational even when bond notes come aboard. The IMF, an official said, supported introduction of bond notes and was satisfied that Zimbabwe’s authorities would…

Gvt Blew US$400m On Zimbabwe Agenda for Sustainable Socio-Economic Transformation (Zim-Asset) In 2015

Posted on May 15, 2016May 15, 2016 by newzimbabwevision

Government spent more than US$400 million on projects under the Zimbabwe Agenda for Sustainable Socio-Economic Transformation in 2015, with more resources expected to be channelled towards energy, housing, agriculture and other areas. Zim-Asset, adopted in 2013, is Zimbabwe’s foremost economic blueprint and covers infrastructure and utilities, social services and poverty eradication, food security and nutrition as well as value addition and beneficiation through to 2018. In a letter of intent to the IMF contained in…

‘Failed Zanu PF, Regime, Predictably Re-introduces Zim- dollar’ -MDC-T Shadow Minister of Finance,

Posted on May 5, 2016May 5, 2016 by newzimbabwevision

The cash-strapped ZANU-PF government has finally succumbed to its inevitable failure and has predictably decided to re-introduce the Zimbabwe dollar in the midst of an unprecedended liquidity crisis in the recent history of Zimbabwe. This decision has been muted by the RBZ with the hope of easing the liquidity crisis that is engulfing the economy. The RBZ will mint Z$2, Z$5, Z$10, Z$20 Bond Notes which are at parity with the US dollar. In addition,…

People’s Democratic Party, ‘Tendai Biti’ Statement On State Of Zimbabwe’s Economy

Posted on April 11, 2016 by newzimbabwevision

The Zimbabwean economy is grinding to a halt with clear evidence that the economy if fast tracking into deep seated economic recession. It is also evident that Chinamasa and any of the acolytes in ZANU PF have neither the desire nor the ability of turning around this economy. In short they are as carefree and indifferent as they are clueless. The economy requires structural reforms if the country is to move forward. Furthermore the…

‘Excerpts From An Interview With A Jewish Leader About Blacks’-Discuss!

Posted on April 5, 2016 by newzimbabwevision

INTERVIEWER: Why are blacks so behind Economically? JEWISH LEADER: The only aspect blacks understand is Consumption. Blacks don’t understand the importance of building wealth. The fundamental rule is to keep your money within your racial group. We build Jewish business, hire Jewish, buy Jewish and spend Jewish. There is nothing wrong with that but it is a basic rule blacks cannot comprehend and follow; “He kills his fellow blacks daily instead of wanting to…

Mnangagwa, The ‘Gukurahundi Butcher Of Matebeleland & Midlands’ Will Never Ever Win Free Elections

Posted on March 25, 2016March 25, 2016 by newzimbabwevision

“Vice President, Emmerson Mnangagwa, is going to finish off President Robert Mugabe’s term in office, amid top secret disclosures that, a cross-section of International players are reportedly embracing and endorsing Mnangagwa, behind the curtains to bring economic stimulus to Harare,” Spotlight Zimbabwe reported. No thinking man or woman will have any problem with Mnangagwa taking over from Mugabe to the 2018 finish line. The takeover will be good for the country, if for nothing else,…

US Gvt Urged To Influence Bretton Woods Institutions To Block New Lending To Zimbabwe

Posted on February 2, 2016February 2, 2016 by newzimbabwevision

Government has castigated the United States for meddling in Zimbabwe’s internal affairs in a way that seeks to weaken the country’s sovereign status and reverse its successful land reform programme.This was after the US Senate Committee on Foreign Relations chairman Mr Bob Corker wrote a letter to that country’s secretary for Treasury Mr Jacob Lew on January 28, 2016 urging the US government to use its influence at the Bretton Woods institutions to block any…

‘Gvt Won’t Tolerate Debate On Economic Empowerment Law!’- Patrick Zhuwao .

Posted on October 17, 2015October 17, 2015 by newzimbabwevision

YOUTH and indigenisation minister Patrick Zhuwao says government is not going to tolerate any debate on the economic empowerment law. A furious Zhuwao who appeared to be taking a dig at finance minister Patrick Chinamasa, told hundreds of cheering Zanu PF sympathisers attending his economic empowerment conference in Harare Friday that those wishing for the reversal of the law were ‘dreaming’. Chinamasa is on record saying that government was revising the controversial black empowerment law…

‘Current Zanu PF & GVT Positions Don’t Make Me President-In-Waiting.’-VP Mnangagwa

Posted on August 29, 2015August 29, 2015 by newzimbabwevision

VICE President Emmerson Mnangagwa has said his current party and government positions do not make him President-in-waiting. He spoke about President Robert Mugabe’s succession, the country’s imploding economy and Zanu PF divisions in an interview with the UK-based New African magazine. Below are excerpts from the interview … Q: So you will be 73 in September. You have been in Government for 35 of those 73 years, serving in various portfolios. For the past six…

How And Why Events In Greece Affect Us In Zimbabwe-By Ian Beddowes

Posted on July 12, 2015 by newzimbabwevision

The internationalized banking system began to run out of control following the deregulation of the banks round about 1980 with the coming to power of Reagan in the United States and Thatcher in the United Kingdom. Deregulation means (among many other things) that money you put into the banks for safe-keeping can be used by bankers for speculation. If they win, you gain nothing. if they lose, you lose. It furher means no limits on interest…