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Gideon Gono's bid to avoid trial flops
Former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono has suffered a setback in his bid to avoid trial in a US$3 million debt case, after the High Court dismissed his latest application for absol...Published: 05 Sep 2025 at 07:39hrs | 1182 | by Staff reporter
7 illegal forex dealers await bail ruling
Seven suspected illegal foreign currency dealers accused of engaging in money laundering and running an underground forex trading operation are expected back in court today for their bail ruling....Published: 05 Sep 2025 at 07:32hrs | 342 | by Staff reporter
Binga replaces shona names with BaTonga heritage sites, icons
Binga has taken a historic step in reclaiming its cultural identity by renaming key areas and roads, replacing colonial-era designations with BaTonga heritage titles and icons.The initiative, ...Published: 04 Sep 2025 at 07:42hrs | 695 | by Staff reporter
Cash dependency threatens Zimbabwe's digital economy goals
Banking experts have warned that Zimbabwe's heavy reliance on cash is undermining the country's push towards a digital economy, despite widespread mobile penetration and modern payment infrastructure....Published: 04 Sep 2025 at 07:41hrs | 61 | by Staff reporter
Zimbabwe plans to compel vendors to use POS machines
The government is drafting a legal framework that would compel informal traders to use point-of-sale (POS) machines, in a move aimed at formalising the informal economy and broadening tax revenue coll...Published: 04 Sep 2025 at 07:38hrs | 160 | by Staff reporter
Zimbabwe sets 2030 deadline for mono-currency regime
The Reserve Bank of Zimbabwe (RBZ) has announced that the country is on course to adopt a mono-currency system by 2030, with the Zimbabwe Gold (ZiG) set to become the sole legal tender for all domesti...Published: 04 Sep 2025 at 07:28hrs | 133 | by Staff reporter
South Africa Eyes Cashless Future Following Zimbabwe's Digital Economy Lead
South Africa is struggling with a surge in violent cash-in-transit (CIT) heists, prompting calls for a cashless economy, a path Zimbabwe has already embraced as a fully digital economy, according to t...Published: 03 Sep 2025 at 19:49hrs | 136 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe governance professionals urged to harness AI
As artificial intelligence (AI) increasingly shapes global development, governance professionals in Zimbabwe are being urged to identify and leverage relevant AI tools to enhance efficiency in governm...Published: 03 Sep 2025 at 09:44hrs | 155 | by Staff reporter
Businesswoman in court over illegal forex scheme
Harare businesswoman Tariro Masiwa Musekiwa has been hauled before the courts alongside her company, Chrisha Boutique, on allegations of running an unlicensed foreign currency transmission business in...Published: 03 Sep 2025 at 08:28hrs | 122 | by Staff reporter
Is ZB Life Assurance a trap for exploitation and abuse?
When the powerful prey on the poor and desperate, it ceases to be business and becomes sheer bullying.There is a disturbing trend taking place at ZB Life Assurance, the insurance subsidiary of...Published: 02 Sep 2025 at 16:52hrs | 514 | by Tendai Ruben Mbofana
Zimbabwe's digital transactions surge to ZiG89bn
Zimbabwe has seen a sharp rise in digital payments, with the value of retail transactions jumping 35 percent in the second quarter of 2025, according to the Reserve Bank of Zimbabwe (RBZ). The total v...Published: 02 Sep 2025 at 07:05hrs | 244 | by Staff reporter
Zimbabwe central bank launches ZiG Confidence survey
THE Reserve Bank of Zimbabwe (RBZ) has embarked on a fresh nationwide survey to assess confidence in the Zimbabwe Gold (ZiG) currency, more than a year after it was introduced as the country's sole le...Published: 02 Sep 2025 at 05:53hrs | 125 | by Staff reporter
Zimbabwe firms brace for dollar exit
The Confederation of Zimbabwe Industries (CZI) has urged the government to back its de-dollarisation strategy with binding legal instruments, warning that without a formal framework, business confiden...Published: 31 Aug 2025 at 21:15hrs | 583 | by Staff reporter
RBZ's façade of progress and stability is short-sighted and unsustainable
The fairy tales and false assurances continue unabated.The announcement by the Reserve Bank of Zimbabwe (RBZ) that foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency h...Published: 31 Aug 2025 at 20:46hrs | 131 | by Tendai Ruben Mbofana
PPC Zimbabwe land sale faces legal challenge
A multimillion-dollar land deal involving cement giant PPC Zimbabwe has hit a major legal snag after a housing cooperative claimed ownership of the same property.PPC Ltd, in a notice to shareh...Published: 31 Aug 2025 at 09:27hrs | 137 | by Staff reporter
Police seize car believed bought with stolen cash
Police have seized a vehicle from Paul Chinomona, who is suspected of participating in the Milton Park robbery that saw US$59,000 stolen in cash. Chinomona appeared before Harare magistrate Marewanazv...Published: 31 Aug 2025 at 09:20hrs | 111 | by Staff reporter
Zimbabwean accountant's estate sequestrated for R17 million fraud
A Zimbabwean accountant has had his estate finally sequestrated after stealing millions of rand from his former employer, Johannesburg-based non-profit company Education and Training Unit (ETU)....Published: 29 Aug 2025 at 07:20hrs | 1472 | by Staff reporter
High bank charges hindering financial inclusion in Zimbabwe
High bank charges imposed by local financial institutions are choking financial inclusion in Zimbabwe and running contrary to best practices across the region, a new National Economic Consultative For...Published: 29 Aug 2025 at 06:01hrs | 587 | by Staff reporter
Zinara licensing promotion draws huge crowds
The Zimbabwe National Road Administration (Zinara) stand has become one of the busiest attractions at the Zimbabwe Agricultural Show in Harare, as motorists flock to take advantage of the authority's ...Published: 28 Aug 2025 at 22:40hrs | 417 | by Staff reporter
RBZ slams Zimbabwe banks over punitive fees
Zimbabwe's banks are facing criticism from both depositors and the Reserve Bank of Zimbabwe (RBZ) over the imposition of high fees and charges, which are increasingly seen as exploitative.RBZ ...Published: 28 Aug 2025 at 22:32hrs | 157 | by Staff reporter
Prominent businessman remanded over US$208,000 fraud allegations
Harare businessman Never Mhlanga, chairman of the Zimbabwe Insurance Brokers, has been remanded in custody following allegations of fraud involving US$208,500.Mhlanga appeared before Harare Re...Published: 27 Aug 2025 at 23:01hrs | 520 | by Staff reporter
Harare fails to act on 27 of 28 audit red flags
Residents of Harare have condemned the city council for what they describe as gross negligence, following the Auditor General's 2023 annual report, which revealed that the local authority failed to ac...Published: 27 Aug 2025 at 05:51hrs | 164 | by Staff reporter
Top Zimbabwe business executive arrested for fraud
Prominent corporate executive Never Mhlanga is expected to appear in court this morning facing fraud charges linked to the controversial sale of Montclair Hotel and Casino in Juliasdale, Nyanga, to th...Published: 26 Aug 2025 at 13:09hrs | 2930 | by Staff reporter
Britain cosies up to Zimbabwe
In early June, Britain's Africa minister Lord Collins flew to Harare to meet Zimbabwe's octogenarian president, Emmerson Mnangagwa.The meeting in the capital city, which focused on trade betwe...Published: 26 Aug 2025 at 08:08hrs | 1713 | by Staff reporter
RBZ begins production of redesigned ZiG banknotes
The Reserve Bank of Zimbabwe (RBZ) has commenced production of redesigned ZiG banknotes, set to enter circulation soon as part of the central bank's de-dollarisation roadmap, which targets a transitio...Published: 26 Aug 2025 at 07:55hrs | 493 | by Staff reporter
Mutingwende linked to major land fraud
Aspire Mutingwende, chairperson of the Children of War Veterans and Heroes Dependants Forum, has been implicated in a high-profile land fraud case in Harare.According to Windmill (Private) Lim...Published: 25 Aug 2025 at 21:11hrs | 262 | by Staff reporter
Zimbabwe is losing over US$6bn to illicit financial flows
Zimbabwe is losing an estimated US$6,15 billion to illicit financial flows (IFFs) between 2020 and 2025, a drain that experts say is depriving the country of critical resources needed for development....Published: 25 Aug 2025 at 06:01hrs | 264 | by Staff reporter
RBZ to engage mobile operators on currency parity
The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar un...Published: 25 Aug 2025 at 06:00hrs | 426 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 371 | by Staff reporter
Zimbabwe's diamond wealth enriches elites
For decades, diamonds have been celebrated as symbols of wealth and transformation — precious stones capable of reshaping entire nations. But in Zimbabwe's diamond-rich fields, the reality for local...Published: 24 Aug 2025 at 14:42hrs | 685 | by Staff reporter
Harare suburban office rentals surge
Rental rates for office space in Harare's suburbs have jumped by 20% over the past year, as corporates accelerate their decade-long migration from the city's central business district (CBD), a new rep...Published: 23 Aug 2025 at 18:04hrs | 461 | by Staff reporter
Air Ambulance Servicesaves 778 lives nationwide
Zimbabwe's Government-backed Air Ambulance Service has successfully responded to 778 civil emergency cases across the country since its launch in August 2024, a new report has revealed.The ser...Published: 23 Aug 2025 at 14:54hrs | 104 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 480 | by Staff reporter
Founders High deputy head fined over dodgy bus hire deal
FOUNDERS High School deputy headmaster, Nkosana Mlibazi (47), has been fined US$200 after being convicted in a botched bus hire transaction that embarrassed him before colleagues and dragged him to co...Published: 22 Aug 2025 at 09:39hrs | 404 | by Staff reporter
Fong-kong receipts alleged in Highlanders FC player deal
Bulawayo Chiefs Football Club president, Mr Lovemore Sibanda, has told the court that receipts issued for the transfer of two of his club's players to Highlanders FC were fake.Mr Sibanda testi...Published: 21 Aug 2025 at 16:20hrs | 591 | by Staff reporter
Employees in $1.5 million illegal forex transfers to UAE
Two employees of a Harare-based company have appeared in court for allegedly operating an unlicensed money transfer business that moved more than US$1.5 million offshore.Kudzai Munatsi, 37, of...Published: 21 Aug 2025 at 08:46hrs | 409 | by Staff reporter
RBZ restores RTGS system after technical fault
The Reserve Bank of Zimbabwe (RBZ) says it has restored the Real Time Gross Settlement (RTGS) system following a technical fault that disrupted transfers and some cross-border transactions since Tuesd...Published: 20 Aug 2025 at 18:16hrs | 329 | by Staff reporter
Zivhu calls for law allowing 'shoot to kill'
Former ZANU-PF Member of Parliament for Chivi South, Killer Zivhu, has called for constitutional amendments to permit police officers and licensed gun owners to shoot to kill armed robbers in li...Published: 19 Aug 2025 at 18:47hrs | 480 | by Staff reporter
Zimbabwean startups join Visa's Fintech Accelerator
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...Published: 19 Aug 2025 at 12:06hrs | 212 | by Staff reporter
ZWG acceptance still a challenge says Hippo Valley
Hippo Valley Estates Limited (HVEL), one of Zimbabwe's sugar producers, has raised concern over the continued rejection of the Zimbabwe Gold (ZWG) currency in the market despite relative exchange rate...Published: 19 Aug 2025 at 09:05hrs | 275 | by Staff reporter
Digital shift boosts Zimbabwe's tax collections
Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save tim...Published: 19 Aug 2025 at 09:02hrs | 143 | by Staff reporter
High court reopens Sakala lottery feud
The High Court has breathed new life into a bruising family feud over a multimillion-dollar lottery fortune after overturning a default judgment that had handed victory to the estate of the late Agnes...Published: 19 Aug 2025 at 08:59hrs | 412 | by Staff reporter
Manhunt launched for Mutangadura killers
Police have launched a nationwide manhunt for a gang of seven suspected armed robbers who shot and killed prominent Ruwa businessman Joseph "Mutangaz" Mutangadura during a violent raid at his Lisheen ...Published: 19 Aug 2025 at 08:59hrs | 542 | by Staff reporter
ZiG gains traction in domestic transactions
The Zimbabwe Gold (ZiG) currency is gaining momentum in the domestic financial system, now accounting for 40 percent of electronic payment transactions, six months after a strategic push by the Reserv...Published: 19 Aug 2025 at 08:53hrs | 133 | by Staff reporter
Chiwenga takes fresh swipe at Wicknell Chivayo
Vice President Constantino Chiwenga has taken a fresh swipe at controversial businessman Wicknell Chivayo, warning that his practice of doling out vehicles and cash handouts to individuals of his choo...Published: 18 Aug 2025 at 16:23hrs | 1832 | by Staff reporter
Elderly woman loses US$45 000 in botched stand deal
An 80-year-old woman from Greendale, Harare, has lost US$45 000 after being duped in a fraudulent residential stand transaction.The victim, Theresa Marume, was misled into paying the full amou...Published: 18 Aug 2025 at 08:43hrs | 1005 | by Staff reporter
Gweru fails to confirm receipt of ZWL$226,9m govt grant
Gweru City Council has once again come under scrutiny after the Auditor-General's (AG) 2024 report revealed serious financial irregularities, including failure to confirm receipt of a ZWL226,9 million...Published: 18 Aug 2025 at 08:39hrs | 149 | by Staff reporter
RioZimbabwe to appeal ruling in assets disposal fight
RioZim Limited says it will appeal against an interim relief granted in favour of the Zimbabwe Diamond & Allied Minerals Workers Union (ZDAMWU), which represents some of the company's employees in...Published: 18 Aug 2025 at 08:37hrs | 109 | by Staff reporter
Man jailed for squandering US$2,640 airtime cash
A 27-year-old man from Binga has been jailed for effectively eight months after squandering US$2,640 that had been entrusted to him to buy airtime recharge cards for resale.Kelvin Muzamba appe...Published: 17 Aug 2025 at 15:09hrs | 278 | by Staff reporter
NHS hit by pension scandal
Zimbabwe's state-controlled National Handling Services (NHS) is facing a serious corporate governance and financial scandal, with reports of unremitted pension funds totaling nearly US$1 million and q...Published: 17 Aug 2025 at 09:59hrs | 294 | by Staff rporter
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