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Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 208 | by Staff reporter
How can Mnangagwa preach selflessness when his regime is master of self-interest and plunder?
It often seems that before lecturing others on morality, some people should first look in the mirror.President Emmerson Mnangagwa's Heroes Day interview with the state-controlled broadcaster Z...Published: 12 Aug 2025 at 21:24hrs | 456 | by Tendai Ruben Mbofana
Nurse injured on duty, betrayed by Mnangagwa's govt
Progress Muzuva, a nurse at Bikita Rural Hospital in Masvingo province, remains bedridden and without adequate medical care or compensation seven years after suffering serious injuries inflicted by a ...Published: 04 Aug 2025 at 08:54hrs | 614 | by Staff reporter
Supreme Court saves Ugandan couple from Harare houses seizure
The Supreme Court of Zimbabwe has quashed an unexplained wealth order previously issued against Ugandan nationals Robert Kwesiga and his wife, Sande Hilga Kwesiga, ruling that the prosecutor general f...Published: 03 Aug 2025 at 12:17hrs | 370 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 162 | by Staff reporter
Biti demands judicial inquiry into Trabablas Interchange project
Former Finance Minister Tendai Biti has called for a forensic audit and the establishment of a judicial commission of inquiry into the staggering US$114 million cost of the newly commissioned Trababla...Published: 30 Jul 2025 at 18:18hrs | 619 | by Staff reporter
Tagwirei must be stopped, says Biti
Former Finance Minister Tendai Biti has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, accusing him of plundering Zimbabwe's economy and warning that his presidential amb...Published: 29 Jul 2025 at 15:47hrs | 501 | by Staff reporter
Traffic lights scandal hits Trabablas, authorities mum
HARARE - Over US$2 million might have been siphoned towards procurement and installation of counterfeit traffic lights at the Trabablas Interchange (former known as Mbudzi roundabout/interchange), wit...Published: 28 Jul 2025 at 22:46hrs | 1445 | by Gideon Madzikatidze
AG flags legal risks in Trabablas interchange land acquisition
The Auditor-General has raised alarm over procedural lapses by the Ministry of Transport and Infrastructural Development in the acquisition of land for the recently completed US$114 million Trabablas ...Published: 28 Jul 2025 at 08:54hrs | 363 | by Staff reporter
Zimra, Delta in fresh spat over taxes
The Zimbabwe Revenue Authority (Zimra) is demanding an additional US$73 million in tax from Delta Corporation Limited, escalating tensions between the tax agency and one of the country's largest corpo...Published: 27 Jul 2025 at 21:04hrs | 516 | by Staff reporter
Harare plunged into darkness as Zesa switches off tower lights
Harare's last remaining tower lights were switched off this week, plunging Zimbabwe's capital further into darkness - a stark metaphor for the city's deepening governance crisis and financial dysfunct...Published: 18 Jul 2025 at 14:46hrs | 436 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | by Staff reporter
Trabablas Interchange scandal deepens
The cost of constructing the controversial Trabablas Traffic Interchange in Harare has surged to US$114 million, sparking a storm in Parliament amid growing concerns over fiscal transparency and poten...Published: 10 Jul 2025 at 21:10hrs | 1303 | by Staff reporter
Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 440 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 313 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 142 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 229 | by Staff reporter
Parents call on police to act over fake Cambridge exams
Parents of 16 students from Destiny Achievers College in Harare are demanding urgent police action after discovering they were victims of a fake Cambridge O-Level examination scam allegedly orchestrat...Published: 28 Jun 2025 at 16:09hrs | 301 | by Staff reporter
Harare man in trouble over US$11,000 visa scam
A 36-year-old Harare man, Crispen Zhou, appeared in court this week facing two counts of fraud and charges related to the Money Laundering and Proceeds of Crime Act after allegedly duping two victims ...Published: 28 Jun 2025 at 14:49hrs | 139 | by Staff reporter
Food contract for Zimbabwe's security services sparks debate
A multi-million-dollar food supply contract awarded to Agrifora Private Limited to serve Zimbabwe's security services-including the Zimbabwe National Army, Zimbabwe Republic Police (ZRP), and Zimbabwe...Published: 27 Jun 2025 at 15:17hrs | 291 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 218 | by Staff reporter
Auditor General flags deep financial mismanagement at CAAZ
The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...Published: 22 Jun 2025 at 09:05hrs | 118 | by Staff reporter
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 135 | by Staff reporter
Zimbabwe govt equips 25 rural hospitals with medical equipment
The Government has distributed anaesthetic and digital X-ray machines to 25 rural district hospitals across Zimbabwe as part of a broader initiative to enhance healthcare service delivery in remote ar...Published: 20 Jun 2025 at 06:15hrs | 146 | by Staff reporter
Harare Private College stages fake Cambridge exams
Destiny Achievers College in Harare has been rocked by a scandal involving the staging of fake Cambridge Ordinary Level examinations in June this year, affecting at least 16 learners and defrauding th...Published: 13 Jun 2025 at 06:21hrs | 693 | by Staff reporter
Mutambara urges Zimbabweans to upskill for AI-driven economy
Former Deputy Prime Minister Arthur Mutambara has issued a compelling call to action, urging Zimbabweans to commit to continuous learning and skills development in response to the transformative impac...Published: 12 Jun 2025 at 18:59hrs | 88 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1055 | by Staff reporyter
BCC forgoes US$14million revenue
The Bulawayo City Council (BCC) has decided to maintain its 2024 commercial non-domestic property tax tariffs for the 2025 financial year, foregoing potential revenue exceeding US$14 million.T...Published: 11 Jun 2025 at 08:31hrs | 255 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 239 | by Staff reporter
Free emergency medical care for road accident victims
In a major overhaul of Zimbabwe's post-accident emergency response system, the Government is proposing a new law that will ensure road traffic accident (RTA) victims receive free emergency medical att...Published: 08 Jun 2025 at 11:56hrs | 116 | by Staff reporter
Mukuru loses $33,000 to armed robbers
A daring gang of five armed robbers struck at Gains Cash & Carry and Mukuru outlets at Murambinda Growth Point on the night of May 24, making off with a total haul of $11,187 in US dollars and R31...Published: 01 Jun 2025 at 14:53hrs | 689 | by Staff reporter
Armed robbers hit Gain Cash and Carry Wholesale
A group of armed robbers struck Gains Cash and Carry Wholesale in Murambinda on May 24, 2025, making off with a total of US$11,187 and R31,300 in a well-coordinated heist. Authorities have revealed th...Published: 31 May 2025 at 13:51hrs | 292 | by Staff reporter
Harare City Council remains silent on Donnybrook land dispute
A bitter land ownership dispute between two developers, Shelter Zimbabwe and Highserv Payscheme, has thrown residents of the Donnybrook-Chizhanje area in Mabvuku into turmoil, with the Harare City Cou...Published: 29 May 2025 at 10:13hrs | 221 | by Staff reporter
Zimbabwe's gold sector performing exceptionally well, but
Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth.This was the central...Published: 24 May 2025 at 09:00hrs | 68 | by Staff reporter
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 433 | by Staff reporter
Baker's Inn accused of staging fake donation to visually impaired entrepreneur
BAKER'S INN, a bread manufacturing company under Innscor Limited, has been accused of making a fake donation of a scooter bike and a container to partially visually impaired entrepreneur John Jemwa. T...Published: 13 May 2025 at 14:01hrs | 3730 | by Stephen Jakes
Woman throws child at father in court
Emotions ran high at Chief Makoni's community court recently when Panashe Gundla, a young mother from Rusape, broke down in tears after DNA test results confirmed that Blessing Mlauzi, who had long de...Published: 10 May 2025 at 17:51hrs | 1230 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 185 | by Staff reporter
Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 05 May 2025 at 15:48hrs | 383 | by Staff reporter
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 87 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 802 | by Staff reporter
Ghana orders foreigners to exit gold market by April 30
Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said on Monday, as the West African country looks to streamline gold purchases from small-sc...Published: 15 Apr 2025 at 08:33hrs | 296 | by Staff reporter
Bulawayo City Council orders crackdown on stray dogs
The Bulawayo City Council has issued a strict new directive requiring all dog owners to keep their pets on a leash, effective May 5, in response to a surge in dog bite incidents and concerns over unva...Published: 12 Apr 2025 at 09:10hrs | 95 | by Staff reporter
Zimra waits for Treasury guidance over US tariff removal
The Zimbabwe Revenue Authority (Zimra) is awaiting formal guidance from the Ministry of Finance, Economic Development, and Investment Promotion regarding the implementation of President Emmerson Mnang...Published: 10 Apr 2025 at 09:09hrs | 133 | by Staff reporter
Man forges mother's will to seize US$181,000 estate
A 50-year-old Kariba man, Gregory Graham Hall, has appeared at the Harare Magistrates' Court facing serious allegations of forging his late mother's will in a scheme to illegally acquire her entire es...Published: 10 Apr 2025 at 09:00hrs | 127 | by Staff reporter
BCC reduces parking exemption hours for senior citizens
The City of Bulawayo has announced a reduction in monthly parking exemption hours for senior citizens, citing financial losses exceeding US$119,000 from the initiative last year. As a result, the exem...Published: 16 Mar 2025 at 09:23hrs | 245 | by Staff reporter
Ex-Harare Mayor avoided Town House meals over poisoning fears
Former Harare Mayor Ben Manyenyeni deliberately avoided eating at Town House during his tenure, fearing possible poisoning after leading a campaign to slash excessive salaries and perks earned by city...Published: 09 Mar 2025 at 13:10hrs | 98 | 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 | 1744 | by Luke Tamborinyoka
Exam fees scandal rock Hwange school
A number of learners in Hwange District may be unable to take their Grade Seven examinations due to some primary schools demanding fees more than double the amount specified by the Zimbabwe Schools Ex...Published: 23 Feb 2025 at 09:46hrs | 166 | by Staff reporter
Man forges ZIMRA document
A 28-YEAR-OLD Plumtree man is in trouble after he forged a ZIMRA clearance document.Delan Rutsito was dragged to Plumtree magistr...Published: 22 Feb 2025 at 08:57hrs | 358 | by Simbarashe Sithole
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