Search / Premium
Zimbabweans prepare more for death than life
Zimbabweans prepare more for death than life with 76% of all insurance taken being funeral policies, Old Mutual Zimbabwe Group CEO, Samuel Matsekete has said.The uptake of life policies is low...Published: 11 Mar 2024 at 07:34hrs | 806 | by Staff reporter
WATCH: Chivayo gifts Alick Macheso a US$140 000 Mercedes Benz
Controversial businessman Wicknell Chivayo has given Sungura maestro Alick Macheso a US$140 000, 2022 Mercedes Benz GLE400d (Premium Plus).Posting on his Facebook page, Chivayo said the gift i...Published: 08 Mar 2024 at 15:47hrs | 594 | by Staff reporter
The Role of Autonomous Vehicles in the Future of Car Hire Services
The car rental industry stands at the crossroads of innovation and transformation. As we navigate the current landscape, characterized by traditional rental models and evolving customer preferences, a...Published: 20 Feb 2024 at 10:56hrs | 157 | by Staff Reporter
DStv announces price increases
MultiChoice has announced its annual DStv price adjustments that will kick in on 1 April 2024.Prices will increase by between 3.1% and 7.8% across DStv's satellite pay-TV portfolio. DStv's str...Published: 20 Feb 2024 at 07:53hrs | 1266 | by Staff reporter
Manica Diamond offers US$20,000 for Billiat
Manica Diamonds have sneaked in front of Dynamos and other competitors in the race to sign former Warriors talisman Khama Billiat, with the Mutare-based side said to have offered him a "deal that is d...Published: 18 Feb 2024 at 09:20hrs | 1763 | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 215 | by Staff reporter
High Court quashes former Air Zimbabwe bosses' convictions
THE High Court has upheld an appeal by former Air Zimbabwe bosses Peter Chikumba and Grace Pfumbidzai who were challenging their conviction for swindling the airline of $10 million.Chikumba, A...Published: 31 Jan 2024 at 04:50hrs | 441 | by Staff reporter
Sandra gets ready for roasting
Talented award-winning musician Sandra Ndebele, who is also Councillor for Ward 20 in Bulawayo, has contributed a lot to the local entertainment scene. As such, she will be celebrated uniquely...Published: 29 Jan 2024 at 06:53hrs | 1146 | by Staff reporter
No additional tollgates on Zimbabwe's premium roads
THE Zimbabwe National Road Administration (Zinara) has dismissed claims that additional tollgates were being established along the country's premium roads.Users of social media platforms have ...Published: 22 Jan 2024 at 04:48hrs | 254 | by Staff reporter
10% tollgate resident discounts gazetted
People living within 10km of a tollgate shall pay toll fees discounted by 10 percent following the gazetting of Statutory Instrument 5 of 2024, the Toll Roads (National Road Network) (Amendment) Regul...Published: 22 Jan 2024 at 04:48hrs | 286 | by Staff reporter
Zinara clarifies motorists' queries on tollgates
THE Zimbabwe National Road Administration (Zinara) has dismissed claims that additional tollgates were being established along the country's premium roads.Users of social media platforms have ...Published: 21 Jan 2024 at 17:39hrs | 709 | by Staff reporter
'Zimbabwe littered with zombie firms'
ZIMBABWE is littered with "dogs and zombie companies" that are stagnant and have moribund prospects, limited cash-flows and low market share, according to the strategic advisory firm Mark & Associ...Published: 17 Jan 2024 at 04:55hrs | 518 | by Staff reporter
Tollgate fees go up at midnight
GAZETTED toll fees come into effect at midnight Friday, which will see light motor vehicles paying US$4 up from US$2 on premium routes.The changes which are effective on January 5 were announc...Published: 04 Jan 2024 at 20:14hrs | 439 | by Staff reporter
Unlocking Opportunities: How to monetise WhatsApp
WhatsApp, with its extensive user base and global reach, presents a unique opportunity for individuals and businesses to explore monetization strategies. ...Published: 29 Dec 2023 at 07:31hrs | 634 | by Libz Mbanje
Zimdollar decline fueled by surge in money supply
THE Zimbabwe dollar has taken a battering in the past month with economists attributing the depreciation of the local currency to increased money supply after private and public sector employees were ...Published: 24 Dec 2023 at 16:10hrs | 819 | by Staff reporter
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | 839 | by Paidamoyo Muzulu
Mthuli Ncube forced to revise passport fees
Finance minister Mthuli Ncube steered through his 2024 national budget in a marathon sitting of parliament which concluded just before 1AM on Friday, making several revisions to his tax proposals....Published: 15 Dec 2023 at 15:47hrs | 3370 | by Staff reporter
World Bank hails Zimbabwe's tight Monetary Policy stance
THE World Bank (WB) has commended the Reserve Bank of Zimbabwe (RBZ) for putting in place a tight Monetary Policy alongside other interventions which have managed to ease inflationary pressures....Published: 14 Dec 2023 at 03:57hrs | 684 | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 3754 | by Staff reporter
Finance Ministry open to reevaluate 2024 Budget amid public backlash
In response to widespread concerns and criticisms from various quarters, Deputy Minister David Mnangagwa has announced the Finance Ministry's readiness to reevaluate the proposed 2024 budget. The budg...Published: 10 Dec 2023 at 07:35hrs | 1347 | by Staff Reporter
Zimbabwe govt 'sabotaged' de-dollarisation plan, says Biti
Former Finance minister Tendai Biti has said government's forceful nature of its policies to adopt the volatile Zimdollar sabotaged plans to de-dollarise the economy .The local currency has be...Published: 04 Dec 2023 at 04:48hrs | 997 | by Staff reporter
Biti rips into Ncube's 'disastrous' budget
FORMER Finance minister Tendai Biti has described the 2024 budget as a disaster amid concerns that the proposed raft of taxes will deepen Zimbabwe's poverty levels and worsen the economic challenges....Published: 03 Dec 2023 at 17:33hrs | 317 | by Staff reporter
Treasury gives priority to Gwayi-Shangani pipeline completion
GOVERNMENT has scaled up investments in the provision of water for domestic, industrial and agricultural use with the Lake Gwayi-Shangani and pipeline construction being one of the priority projects i...Published: 03 Dec 2023 at 10:36hrs | 138 | by Staff reporter
Red flag raised over mess at Deeds Office
SHAMBOLIC record-keeping at the Department of Deeds, Companies and Intellectual Property could compromise Zimbabwe's listing as a low-risk country for money laundering and financing of terrorism by th...Published: 03 Dec 2023 at 10:32hrs | 97 | by Staff reporter
Mthuli Ncube squeezes everyone
GOVERNMENT yesterday announced a cocktail of tax increases, pushing up the cost of living and ease of doing business after reviewing its 2024 revenue projection upwards by 22,22% to ZWL$53,9 trillion....Published: 02 Dec 2023 at 05:42hrs | 416 | by Staff reporter
Mthuli Ncube increases toll fees by 150% in US$ terms
Due to limited resources, Finance and Investment Promotion Minister, Mthuli Ncube, has presented a 2024 National Budget totaling ZWL58.2 trillion, implementing deep tax measures to address financial c...Published: 30 Nov 2023 at 20:08hrs | 916 | by Staff reporter
Zimbabweans sink deeper into poverty
THE Zimbabwe National Statistics Agency (ZimStat) says the total consumption poverty line (TCPL) for the month of November increased 9,5% to ZWL$115,090.00 for an individual from ZWL$105,071.98 in Oct...Published: 28 Nov 2023 at 05:24hrs | 423 | by Staff reporter
Luxury apartments named after Mnangagwa
President Emmerson Mnangagwa on Monday broke ground at the US$100 million Millennium Park development in Borrowdale West signaling the construction of the premium luxury 86-unit block of apartments na...Published: 27 Nov 2023 at 05:51hrs | 4636 | by Staff reporter
Zimdollar maintains stable range on RBZ Auction, parallel market
The Zimbabwean dollar has maintained a stable range on both the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction and the parallel market platforms in recent weeks, according to a trading update...Published: 23 Nov 2023 at 05:45hrs | 873 | by Staff reporter
Prospects of CCC attaining power in Zimbabwe are exceedingly grim
The Citizens Coalition for Change (CCC), formerly known as the Movement for Democratic Change (MDC), has been a constant source of disputes, leaving political observers puzzled by the root causes and ...Published: 12 Nov 2023 at 21:05hrs | 995 | by Dereck Goto
Prices skyrocket in Zimbabwe
The ongoing depreciation of the local currency is plunging Zimbabweans further into economic hardship, causing prices of essential goods and services to soar beyond the means of most low-income famili...Published: 27 Oct 2023 at 06:18hrs | 501 | by Staff reporter
IMF implores Zimbabwe to pace up forex reforms
The International Monetary Fund (IMF) has recommended that Zimbabwe expedite its foreign exchange market reforms by introducing more flexibility into the official exchange rate through market-driven p...Published: 27 Oct 2023 at 06:16hrs | 98 | by Staff reporter
Zimbabwe GDP to grow by 4,8%
The International Monetary Fund (IMF) has reported that Zimbabwe's real gross domestic product is expected to grow by approximately 4.8 percent in the current year, driven primarily by robust performa...Published: 26 Oct 2023 at 06:26hrs | 59 | by Staff reporter
Bad leadership behind Zimbabwe's impoverishment
FORMER Finance minister in the Government of National Unity (GNU) Tendai Biti has blamed poor political leadership and a shambolic mineral resource governance strategy for the stagnation in Zimbabwe's...Published: 23 Oct 2023 at 10:50hrs | 460 | by Staff reporter
Zimdollar weakens by 0.75%
The Zimbabwean dollar (ZWL) experienced a slight 0.75% depreciation on the Reserve Bank of Zimbabwe's (RBZ) Foreign Exchange Auction this week. This was due to a substantial allocation of foreign curr...Published: 11 Oct 2023 at 06:30hrs | 652 | by Staff reporter
Zimbabwe gold production slumps 15%
ZIMBABWE'S gold production fell 15 percent to 19,3 tonnes in the first eight months of the year partly due to lack of funding by the small-scale miners to modernize operations.According to dat...Published: 20 Sep 2023 at 06:25hrs | 147 | by Staff reporter
Unlocking the power of Social Media: How to make money and build your brand
In today's digital age, social media platforms have become more than just places to connect with friends and share photos; they have evolved into powerful tools for making money and building personal ...Published: 12 Sep 2023 at 13:53hrs | 396 | by Libz Mbanje
Zimdollar future hangs in the balance
IT is imperative for every successful and expanding economy in the world to have its own currency and monetary policy. I make that statement because it is important for all Zimbabweans to understand t...Published: 12 Sep 2023 at 06:33hrs | 1101 | by Eddie Cross
Zimdollar remains volatile
LOCAL financial service firm Fincent Securities Private Limited (Fincent) says the Zimbabwe dollar has lost significant value since the announcement of the disputed election results.From the e...Published: 10 Sep 2023 at 09:00hrs | 546 | by Staff reporter
Zimdollar firms, exchange premium widens
THE Confederation of Zimbabwe Industries (CZI) said this week the gap between the official and parallel market exchange rates widened to 41% last month as a result of stability in the official forex m...Published: 09 Sep 2023 at 08:51hrs | 835 | by Staff reporter
Zanu-PF thanks BRICS for standing with Zimbabwe
Zanu-PF Secretary for Information and Publicity Ambassador Christopher Mutsvangwa has thanked BRICS countries for standing with Zimbabwe to avoid chaos caused by western countries in other parts of th...Published: 19 Aug 2023 at 19:40hrs | 14 | by Staff reporter
Gold tokens to become medium of exchange in Zimbabwe
THE Reserve Bank of Zimbabwe (RBZ) is finalising the modalities of rolling out the gold-backed digital tokens as a medium of exchange for domestic transactions to complement the US dollars, Governor D...Published: 10 Aug 2023 at 06:43hrs | 19 | by Staff reporter
Zimdollar recovery diminishes telecommunications services providers' tariff hikes prospects
THE steady recovery of the ZW$ in recent weeks almost diminishes recent calls by mobile telecommunications services providers, making it difficult to ascertain where exactly to place the peg.T...Published: 20 Jul 2023 at 06:49hrs | 2 | by Staff reporter
Zimbabweans flocking to Zambia for medical treatment says aspiring Chamisa MP
A COLLAPSED local health system is reportedly forcing scores of Zimbabweans to seek medical treatment at well-equipped and staffed hospitals in neighbouring Zambia.After crossing the border in...Published: 13 Jul 2023 at 07:01hrs | 2 | by Staff reporter
'Greedflation' rocks Zimbabwe
THE ZW$ gained by 4,8% on the Reserve Bank of Zimbabwe Foreign Exchange Auction Tuesday amid concerns that most retailers remain reluctant to reduce prices of basic goods.A trading update rele...Published: 12 Jul 2023 at 08:13hrs | 5 | by Staff reporter
New technology used in gaming
The video game industry has been growing and adapting for decades thanks to the availability of new gaming platforms and other technological innovations.Even though many of these fads didn't l...Published: 10 Jul 2023 at 08:12hrs | 71 | by Staff Reporter
Baker's Inn slashes bread prices
Baker's Inn Bakery has reduced the price of bread alleviating the strain on the pockets of Zimbabweans.In an era where rising costs have become the norm, Baker's Inn, has emerged as a knight i...Published: 07 Jul 2023 at 07:36hrs | 12 | by Staff reporter
Multichoice believes Zimbabwe may prove a better market than Nigeria
Multichoice, which is banking on economic and monetary policy reforms in Nigeria to offset exchange rate losses, considers Zimbabwe an important market that is better than its West African counterpart...Published: 06 Jul 2023 at 09:17hrs | 11 | by Staff reporter
Zimdollar demand soars
DEMAND for the Zimbabwean dollar continues to soar as more businesses and individuals seek to transact using the local currency, which has regained its lost value for the third consecutive time at the...Published: 05 Jul 2023 at 07:15hrs | 5 | by Staff reporter
Forex rate premium falls
THE parallel market exchange rate premium has fallen below 50 percent, as policy interventions by the Government continue to drive appreciation of the Zimbabwe dollar, but pockets of resistance remain...Published: 02 Jul 2023 at 07:37hrs | 13 | by Staff reporter
Load More Stories