Search / $1.2 billion
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 134 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 128 | by Staff reporter
Ousted NSSA boss tags Mnangagwa in letter blasting ministerial move
Emmanuel Fundira, the recently dismissed chairperson of the National Social Security Authority (Nssa), has mounted a bold legal challenge against his abrupt termination, casting a spotlight on governa...Published: 04 Jul 2025 at 12:29hrs | 461 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 641 | by Staff reporter
Shava appointed new NSSA boss
Dr Charles Shava has been appointed the substantive General Manager of the National Social Security Authority (NSSA), bringing to a close a protracted battle over the leadership of Zimbabwe's US$1.2 b...Published: 17 May 2025 at 12:26hrs | 697 | by Staff reporter
Battle over new NSSA boss intensifies
The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...Published: 14 May 2025 at 15:35hrs | 1310 | by Staff reporter
Emmerson Mnangagwa and the 26 criminals around him
In November 2017, former President Robert Mugabe was removed from office and his crime, according to the putschists who ousted him in a coup, was that he had allowed himself to be surrounded by crimin...Published: 08 Mar 2025 at 15:51hrs | 1725 | by Luke Tamborinyoka
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1546 | by NewsHawks
ZANU-PF feverish defence of Chinese looting proves Zimbabwe now a colony!
A few days ago, renowned economist and former member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee, Eddie Cross, made some interesting revelations. He claimed that there are ...Published: 09 Jan 2025 at 16:20hrs | 1343 | by Tendai Ruben Mbofana
Electricity availability in Zimbabwe is now worse than Rhodesia in the 1940s
The irony of Zimbabwe having worse electricity availability today than Rhodesia in the 1940s is a stark and painful reminder of how far we have regressed as a nation. For Zimbabweans who have ...Published: 06 Jan 2025 at 12:10hrs | 1140 | by Tendai Ruben Mbofana
US, UK sanction Gold Mafia linked dealer
The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the c...Published: 10 Dec 2024 at 07:08hrs | 979 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 211 | by Staff reporter
Zimbabwe banking sector strengthens amid declining non-performing loans
The Reserve Bank of Zimbabwe (RBZ) has reported a significant improvement in the country's banking sector credit risk landscape, marked by a decrease in the ratio of non-performing loans (NPLs) to tot...Published: 24 Nov 2024 at 09:55hrs | 105 | by Staff reporter
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 129 | by Staff reporter
Zimbabwean lands top UN fund post
Acting Permanent Secretary for Environment, Climate and Wildlife, Mr. Washington Zhakata, has been appointed as the vice board chair of the Adaptation Fund under the United Nations Framework Conventio...Published: 14 Oct 2024 at 08:11hrs | 246 | by Staff reporter
Zimbabwe struggles to meet SDGs
Zimbabwe is grappling with significant development challenges that hinder progress toward the United Nations Sustainable Development Goals (SDGs). This was highlighted during the Zimbabwe United Natio...Published: 27 Sep 2024 at 08:25hrs | 44 | by Staff reporter
Zimbabwe gets IOM backing to engage nationals abroad
Zimbabwe has received support from the International Organisation for Migration (IOM) to enhance its engagement with nationals living abroad. This initiative is part of the Southern African Migration ...Published: 01 Aug 2024 at 09:10hrs | 209 | by Staff reporter
Zimbabwe foreign currency remittances hit US$1,2 billion
FOREIGN currency remittances surged by 16,5% to hit a record US$1,2 billion in the first half of 2024 leaving diasporans standing out as lucrative foreign currency earners for the economy.The ...Published: 26 Jul 2024 at 06:39hrs | 519 | by Staff reporter
USD10 million NSSA heist thwarted
The Ministry of Public Service, Labour, and Social Welfare has decisively thwarted an attempt by the National Social Security Authority (NSSA) chair Emmanuel Fundira, in collaboration with executives ...Published: 10 Jul 2024 at 14:55hrs | 106 | by Staff reporter
Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | 14 | 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 | 32 | by Staff reporter
Mnangagwa main beneficiary of 'Gold Mafia' deals
INVESTIGATIVE journalists who worked on Qatar-based global news network Al Jazeera's Gold Mafia documentary say whistleblowers and an accountant for one of Africa's most notorious gold dealers confirm...Published: 27 Nov 2023 at 15:43hrs | 19 | by Staff reporter
Please tell Mnangagwa our meat is rotting!
On Thursday, 3rd August 2023, President Emmerson Dambudzo Mnangagwa commissioned the new Hwange Thermal Power Station Units 7 and 8.Amidst the pomp and fanfare, Mnangagwa proudly and confident...Published: 02 Oct 2023 at 07:46hrs | 2 | by Tendai Ruben Mbofana
Nigerian billionaire's US$1 billion Zimbabwean mining deals stall
NIGERIAN oil and gas billionaire Benedict Peters' massive investment plans to shell out over US$1 billion into a local platinum mining project and more into lithium, iron ore, tin, gold and rare earth...Published: 16 Jul 2023 at 13:54hrs | 25 | by Staff reporter
Floyd 'Money' Mayweather jnr jets into Zimbabwe tomorrow
FLOYD Mayweather Jnr jets into the country midday tomorrow in fulfilment of a promise he made in May last year when he met with boxing enthusiast, businessman and politician Scott Sakupwanya.M...Published: 11 Jul 2023 at 07:39hrs | 13 | by Staff reporter
Suspended Nssa boss mired in US$353 000 luxury cars scandal
SUSPENDED National Social Security Authority (Nssa) boss Arthur Manase was removed partly due to a scandal over two top-of-the-range cars valued US$353 000 which he bought in violation of company poli...Published: 28 May 2023 at 17:22hrs | 4 | by Staff reporter
Mnangagwa in spotlight over the massive Nssa corruption
THE National Social Security Authority (Nssa) has presented its forensic audit which unearths corruption and names individuals implicated in the pensions fund's latest scandals to the Office of the Pr...Published: 22 May 2023 at 08:11hrs | 7 | by Staff reporter
'Uebert Angel telling lies'
UNDERCOVER journalists who were posing as Chinese gangsters seeking to smuggle US$1.2 billion in Al Jazeera's four-episode investigative documentary have denied ever desiring to meet President Emmerso...Published: 08 May 2023 at 19:06hrs | 2 | by Staff reporter
'Uebert Angel's call to Mnangagwa was 'unfortunately' not recorded'
PRESIDENT Emmerson Mnangagwa was called by his emissary Uebert Angel, unfortunately the phone call was not recorded, an Al Jazeera investigative journalist has claimed.According to the journal...Published: 05 May 2023 at 06:34hrs | 3 | by Staff reporter
Mnangagwa's Ambassador-at-large on a property-buying spree
PRESIDENTIAL Envoy and Ambassador-at-Large Uebert Angel, who is holed up in Dubai after being exposed as a player in gold smuggling and money laundering activities, has been on a property-buying spree...Published: 23 Apr 2023 at 17:44hrs | 2 | by Staff reporter
Uebert Angel's PR disaster
Uebert Angel is, easily, the man of the moment, for all the wrong reasons.He was recently outed by the Al Jazeera undercover investigative team for trying to aid gold and money laundering usin...Published: 23 Apr 2023 at 07:48hrs | 2 | by Tawanda Majoni
Mnangagwa gets paid by a bullion dealer every two weeks?
ONE of Africa's most notorious gold dealers Kamlesh Pattni, who was implicated in the Goldenberg scandal which almost bankrupted Kenya in the 1990s, says he pays President Emmerson Mnangagwa every two...Published: 18 Apr 2023 at 20:02hrs | 5 | by Staff reporter
Masiyiwa now among 20 richest black men in the world
Following a US$1.5-billion wealth loss in 2022, Zimbabwe's richest man Strive Masiyiwa has seen a strong rebound in his net worth since the beginning of 2023, owing to a surge in the shares of his pub...Published: 08 Apr 2023 at 10:28hrs | 3 | by Staff reporter
'Mnangagwa has US$240 million election war chest'
President Emmerson Mnangagwa has a US$240 million war chest in personal funds for general elections set for August, Ambassador-at Large Uebert Angel told undercover reporters investigating money laund...Published: 06 Apr 2023 at 20:19hrs | 2 | by Staff reporter
Mnangagwa gives approval to corrupt money deals, says Doolan
PRESIDENTIAL Envoy and Ambassador-at-Large Uebert Angel's business partner Rikki Doolan sys it is possible to bring in millions of dollars in dirty money into Zimbabwe as long as officials are bribed ...Published: 02 Apr 2023 at 11:13hrs | 6 | by Staff reporter
Gold Mafia: Zimbabwe government should rethink its policies!
The Exposé, a documentary by Al Jazeera International, of what it calls the Zimbabwe Gold Mafia does not come as a surprise to journalists in Zimbabwe.The looting of Zimbabwe's sovereign mine...Published: 02 Apr 2023 at 11:04hrs | 2 | by Kenneth Mufuka
ZAPU plots SA demonstration against 'Diplomatic Mafia'
Zimbabwe African People's Union (ZAPU), the oldest liberation war party, will stage demonstrations in South Africa where Uebert Angel,Angel, who was appointed ambassador-at-large and a preside...Published: 01 Apr 2023 at 07:39hrs | 2 | by Staff reporter
Convicted gold smuggler Ewan Macmillan claims Mnangagwa is his partner
Convicted gold smuggler Ewan Macmillan has told Al Jazeera that President Emmerson Mnangagwa is his business partner, according to bombshell new revelations.Macmillan made the sensational clai...Published: 29 Mar 2023 at 06:59hrs | 22 | by Staff reporter
Robert Gabriel Mugabe International Airport now a gateway for smugglers
AFTER watching gold smugglers and money launderers breezing through Robert Gabriel Mugabe International Airport in Harare travelling to and from Dubai to deliver the proceeds of corruption in Al Jazee...Published: 26 Mar 2023 at 20:28hrs | 14 | by Staff reporter
Pachedu wants Angel's UK financial activities investigated in line with the Proceeds of Crimes Act
A shadowy group called Team Pachedu has written to the United Kingdom Home Office asking it to investigate Uebert Angel's UK financial activities in line with the Proceeds of Crimes Act.Pached...Published: 26 Mar 2023 at 12:19hrs | 2 | by Staff reporter
Uebert Angel reveals calls to Mnangagwa's wife, son were recorded during Al Jazeera exposé
Ubert Angel, a self-proclaimed prophet and one of Zimbabwe's most influential diplomats, has revealed Al Jazeera recorded his telephone conversation with the state leader's wife and one of his sons du...Published: 26 Mar 2023 at 10:25hrs | 13 | by Staff reporter
Mnangagwa exposed
ZIMBABWEAN President Emmerson Mnangagwa has been left exposed and politically vulnerable following ground-breaking revelations by Qatar-based international television network Al Jazeera's of gold...Published: 25 Mar 2023 at 18:23hrs | 21 | by Staff reporter
Mnangagwa's ambassador responds to Al Jazeera's expose
President Emmerson Mnangagwa's Ambassador at Large Uebert Angel responds to Al Jazeera's undercover video showing him offering to launder US$1.2 billion using his diplomatic bag. He lets slip ...Published: 25 Mar 2023 at 15:48hrs | 2 | by Staff reporter
Mnangagwa likely to feature in Al Jazeera exposé episode two
AL JAZEERA finally dropped its explosive documentary exposing how hundreds of millions worth of gold was being smuggled out to Dubai by a well knit circle of high ranking officials who include Ambassa...Published: 23 Mar 2023 at 19:50hrs | 2 | by AFP
Is Hwange Unit 7 another huge big scam and con job?
Is it just me, or has everyone else also noticed that, ever since Hwange Unit 7 Thermal Power Station came online, two days ago, load shedding has strangely increased?Excuse me for my ignoranc...Published: 22 Mar 2023 at 07:16hrs | 1 | by Tendai Ruben Mbofana
Mnangagwa's minister forced to reverse his corrupt mansion deal
PUBLIC Service minister Paul Mavima could be forced by President Emmerson Mnangagwa or top officials to reverse his corrupt US$400 000 upmarket house purchase deal in Quinnington, Borrowdale, Harare, ...Published: 05 Mar 2023 at 15:20hrs | 8 | by Staff reporter
Mnangagwa's name mired in underworld gold activities
FROM the Macmillan family and their gold-smuggling activities to the Kwekwe underworld mining adventures and Henrietta Rushwaya's sensational arrest three years ago, President Emmerson Mnangagwa's nam...Published: 05 Mar 2023 at 14:00hrs | 67 | by Staff reporter
'Unveiling Zimbabwe's Dark Secrets' Al Jazeera documentary Truth is finally coming out. 'Rinemanyanga hariputirwi!'
Starting tonight, 10 pm UK time, Al Jazeera will broadcast a four-part documentary titled Unveiling Zimbabwe's Dark Secrets: Al Jazeera Exposes Looting, Plunder and Money Laundering.The Zanu P...Published: 02 Mar 2023 at 20:17hrs | 35 | by Wilbert Mukori
Al Jazeera puts Zimbabwe corruption documentary on hold
Al Jazeera on Thursday said it had put a pause on a broadcast of a four-part investigation into official corruption in Zimbabwe without giving reasons.The first episode of Gold Mafia, a two-ye...Published: 02 Mar 2023 at 19:17hrs | 4 | by Staff reporter
Mnangagwa's latest revised plan: 'Nyika inovakwa inorakashwa ivenevayo imashefu namaChina!'
"Zimbabweans jam UK work visa applications" screamed the headline. 8 363 skilled and semi-skilled Zimbabweans were granted UK work permit in 2022 up from 499 in 2019. The truth is Zimbabweans have bee...Published: 27 Feb 2023 at 18:57hrs | 3 | by Nomusa Garikai
Load More Stories
