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Registrar of Deeds dragged to court
REGISTRAR of Deeds has been dragged to the High Court after failing to replace lost company documents. Dinrousta Investments (Pvt) Ltd (Dinrousta) is the applicant and the Registrar of Deeds h...Published: 4 hrs ago | 216 | by Staff reporter
Strive Masiyiwa's maths on Rand pricing is wrong
A lot of publications have run with this story already but I couldn't find the original Facebook post. Strive Masiyiwa posts extensively and engages quite much on his page so I spent an hour trying to...Published: 10 hrs ago | 2640 | by Tinashe Nyahasha
Fraudulent clerk of court denied bail
A RUSAPE clerk of court facing allegations of tampering with court records had his freedom bid foiled last Thursday after his bail application was thrown out by Mutare magistrate Tendai Mahwe....Published: 13 hrs ago | 1137 | by Staff reporter
Mnangagwa told to be realistic
GOVERNMENT needs to be realistic about the economic situation in the country, captains of industry have said.They were reacting to statements made by President Emmerson Mnangagwa in his keynot...Published: 13 hrs ago | 927 | by Staff reporter
Nedbank Zimbabwe caught with pants down, ordered to return $3m to client
NEDBANK Zimbabwe has been ordered to return close to $3 million it had unlawfully taken from its client, Mega Market (Private) Ltd, after making some foreign currency payment to the client's suppliers...Published: 14 hrs ago | 1338 | by Staff reporter
RTGS$ plunges
Zimbabwe is nearing the much dreaded economic horrors of 2008 punctuated by hyperinflation, widespread shortages of foreign currency and fuel coupled with a spike in prices of everything, including st...Published: 21 Apr 2019 at 08:55hrs | 5083 | by Staff reporter
'Collateral registry to be operational by December'
THE Reserve Bank of Zimbabwe (RBZ) is set to operationalise the collateral registry system by year end as authorities move to make movable property securitisable, an official has said.The driv...Published: 21 Apr 2019 at 08:49hrs | 185 | by Staff reporter
Memorial service revives pain of January killings
A memorial service for one of the victims of the January shootings, Kelvin Choto, yesterday brought back memories of the events of that day with people recounting incidents where government displayed ...Published: 21 Apr 2019 at 08:49hrs | 237 | by Staff reporter
Velaphi: Daring by bringing first batch of weapons into Rhodesia
IN the past few weeks we have been focusing the spotlight on what may be considered the pioneers of Zimbabwe's armed liberation struggle. This was done as part of a build up towards independen...Published: 21 Apr 2019 at 08:24hrs | 4591 | by Pathisa Nyathi
VACANCY: Thomson Reuters Foundation is employing
Thomson Reuters Foundation in partnership with the Media Institute of Southern Africais looking for Zimbabwean journalists who are motivated to understand how their country could be losing money via i...Published: 19 Apr 2019 at 11:51hrs | 3628 | by Mandla Ndlovu
Rebirth of the Zimdollar
Zimbabwean central bank authorities have a traceable record of overnight monetary policy changes. Memories of the former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono era of monetary policy hip-...Published: 19 Apr 2019 at 11:09hrs | 1297 | by Paddington Masamha
Why Mthuli Ncube's new currency is likely to be doomed
THE announcement by Finance minister Mthuli Ncube of his intention to introduce "a new, fully-fledged currency" in 12 months piqued the interest of the general public in Zimbabwe.It comes soon...Published: 19 Apr 2019 at 11:08hrs | 645 | by Martin Tarusenga
Clerk tampers with court records
A RUSAPE clerk of court appeared at the Mutare Magistrate Court yesterday facing allegations of tampering with courts records.Brit Zambara (35), who is employed by the Judicial Services Commis...Published: 18 Apr 2019 at 07:11hrs | 275 | by Staff reporter
Advanced Level Family and Religious Studies: Miracles and the New Testament
The word "miracle," is derived from the Latin word miraculum, which is so translated in the New Testament of the Authorized Version from two Greek words. On twenty-two occasions the word semeion is tr...Published: 17 Apr 2019 at 16:37hrs | 1087 | by Brian Maregedze
Zimra lifts Ziscosteel garnishee
The Zimbabwe Revenue Authority (ZIMRA) has lifted the garnishee order it imposed on the accounts of the now defunct steelmaker, Ziscosteel bringing relief to the steel company ex-employees who were no...Published: 17 Apr 2019 at 16:25hrs | 1265 | by Staff reporter
Zimbabwe needs a weak currency to stimulate production, exports
Shortly after the government was sworn in August 2018, they agreed to an economic and monetary reform programme. Since then, much of this ambitious plan has been implemented and the consequences have ...Published: 17 Apr 2019 at 07:15hrs | 1169 | by Eddie Cross
Prophet Magaya church 'disowns' financial statements
Walter Magaya's Prophetic Healing and Deliverances (PHD) Ministries yesterday disowned unstamped financial statements presented in court as exhibits in the church's alleged tax evasion case.Zi...Published: 17 Apr 2019 at 07:11hrs | 1021 | by Staff reporter
Mnangagwa linked gukurahundi genocide testimonies invited
THE National Peace and Reconciliation Commission (NPRC) has called on Zimbabweans to make truthful and honest testimonies that may assist in the investigations into the post independence disturbances ...Published: 17 Apr 2019 at 07:04hrs | 332 | by Staff reporter
Commission calls for Mnangagwa linked genocide truth-telling
THE National Peace and Reconciliation Commission (NPRC) has urged Zimbabweans to make truthful and honest testimonies that may assist in investigations into post-independence disturbances in the Midla...Published: 17 Apr 2019 at 06:55hrs | 196 | by Staff reporter
Strive Masiyiwa's court papers rejected on a technicality
The South African High Court has not accepted an application presented by Douglas Mboweni on a technicality arguing that the respondent was the CEO of Econet Wireless Zimbabwe, and was not in a capaci...Published: 16 Apr 2019 at 08:22hrs | 3284 | by Staff reporter
50% of Gweru council managers unqualified
AT least 47% of top and middle managers at Gweru City Council are not qualified for their positions, a service level benchmarking (SLB) peer review committee report revealed last Friday."We no...Published: 16 Apr 2019 at 07:00hrs | 1296 | by Staff reporter
Senior Harare lawyer removed from the legal practitioners' register
A senior Harare lawyer, Mr Moses Shingiriro Chinyenze, who has been practising law for 34 years, was last week removed from the legal practitioners' register for abuse of trust funds. Mr Chiny...Published: 15 Apr 2019 at 07:38hrs | 3384 | by Staff reporter
Zimbabwe says US$ not good for economy
ZIMBABWE's continued use of the United States dollar is no longer sustainable for the economy as it hurts industry's competitiveness, a Cabinet minister has said.Industry and Commerce minister...Published: 14 Apr 2019 at 10:03hrs | 1488 | by Staff reporter
Massive retrenchments loom as Zimbabwe economy slows down
HUNDREDS of formal jobs are on the line in the economy as various businesses grapple with the realities of hyperinflation and exchange rate-induced losses. The market has witnessed massive price hikes...Published: 12 Apr 2019 at 09:14hrs | 4218 | by Victor Bhoroma
NRZ artisans threaten strike
ARTISANS at the National Railways of Zimbabwe (NRZ) are threatening to down tools over non-payment of salaries. In a statement, the Railways Artisans Union (Rau) said its members have not been paid th...Published: 12 Apr 2019 at 08:22hrs | 608 | by Staff reporter
Ncubenomics
In February, Reserve Bank Governor, John Mangudya announced the introduction of the RTGS dollar - the currency that confirmed what we knew all along: one is not to one. The RTGS dollar was initially s...Published: 09 Apr 2019 at 15:19hrs | 3335 | by Kubatana
Motsepe's money trail, Botswana security company accounts frozen
The Botswana Financial Intelligence Agency (FIA) has frozen Avante Security Services bank accounts in Gaborone on suspicions that the company was used by South African businesswoman Bridgette Motsepe ...Published: 09 Apr 2019 at 08:39hrs | 3223 | by Staff reporter
Parly raises red flag over Zinara graders repair costs
THE Parliamentary Public Accounts Portfolio Committee (PAC) last week grilled Univern over its supply of 80 graders with snow ploughs to the Zimbabwe National Road Administration (Zinara) in 2012 at a...Published: 09 Apr 2019 at 07:39hrs | 673 | by Staff reporter
Chitando sucked into $111m Hwange scam
Hwange Colliery in 2016 lost a $111 million loan from government to fund its revival due to mismanagement, reckless trading and money laundering which has sucked in Mines minister Winston Chitando, an...Published: 09 Apr 2019 at 07:33hrs | 572 | by Staff reporter
Make fresh interbank interventions: Industry
CAPTAINS of industry have called on authorities to make fresh interventions in the inter-bank market to ensure access to foreign currency for importation of critical raw materials for the manufacturin...Published: 09 Apr 2019 at 07:22hrs | 252 | by Staff reporter
Reserve Bank of Zimbabwe broke, says Biti
PARLIAMENT'S Public Accounts Committee chairperson Tendai Biti says the Reserve Bank of Zimbabwe (RBZ) is effectively broke after government ran up its overdraft facility with the bank to finance its ...Published: 08 Apr 2019 at 13:56hrs | 3068 | by Staff reporter
WATCH: Chiyangwa speaks on the Monalisa car saga
Controversial businessman Philip Chiyangwa has issued a statement through a video speaking about reports that he gave one Monalisa Mutindivari a car as a gift after she bought him lunch. Chiya...Published: 08 Apr 2019 at 10:04hrs | 4995 | by Mandla Ndlovu
NOIC to assume full ownership of Feruka-Harare fuel pipeline
THE Competition and Tariffs Commission (CTC) has approved a deal in which State-owned National Oil Infrastructure Company of Zimbabwe (NOIC) assumes full ownership of the Feruka-Harare fuel pipeline a...Published: 08 Apr 2019 at 06:42hrs | 544 | by Staff reporter
Blocking aid to flood-hit Iran 'displays US malevolence'
Iran's Defence Minister Brigadier General Amir Hatami says the United States' attempts to block international humanitarian aid from entering flood-hit Iran lays bare America's malevolence. Add...Published: 08 Apr 2019 at 06:32hrs | 241 | by Press TV
Panic after sangoma's death, clients throng home to return charms
THERE is gnashing of teeth among those who sought lucky charms from prominent traditional healer, Sekuru Charles Makuyana-Ndunge, who died in Chipinge on March 30, 2019 after a courageous battle with ...Published: 07 Apr 2019 at 16:27hrs | 27783 | by Staff reporter
'Mafia' trying to block Zinara probe
Unnamed bigwigs in government are allegedly meddling with investigations by Parliament into the operations of the Zimbabwe National Roads Administration (Zinara) after an audit unearthed massive corru...Published: 07 Apr 2019 at 09:07hrs | 1523 | by Staff reporter
Chiyangwa disowns Facebook account
CONTROVERSIAL and flamboyant businessman Philip Chiyangwa has distanced himself from the Facebook (FB) page which claimed that he bought a posh car for his "good friend" Monalisa Charity Mutindivari a...Published: 06 Apr 2019 at 16:25hrs | 2117 | by Staff rpeorter
Way forward on Zimbabwe situation
Zimbabwe to go forward we need to adhere to our "Constitution". We need press freedom, freedom of speech, rule of law (all citizens to respect rule of law without political affiliation), transparency,...Published: 05 Apr 2019 at 22:34hrs | 1809 | by Enos Denhere
'Mnangagwa govt's dodgy multi-billion dollar deals illegal'
FORMER finance minister Tendai Biti has condemned the majority of deals signed by President Emmerson Mnangagwa, describing them as unconstitutional and void as they were not approved by parliament in ...Published: 05 Apr 2019 at 10:02hrs | 2023 | by Staff reporter
Understanding the ZAMCO business model
There has been a lot of talk about the Zimbabwe Asset Management Company (Zamco) lately, particularly after the appearance of the Reserve Bank of Zimbabwe governor, John Mangudya, before the Parliamen...Published: 04 Apr 2019 at 07:02hrs | 507 | by Vince Musewe
Start preparing for retirement as soon as you can
It might not be something you think about very often, after all, retirement for some of you can seem like a long way away. However, before you know it, the day will come, and it's important you're pre...Published: 03 Apr 2019 at 17:04hrs | 5652 | by Staff Writer
'Why MDC must shun the cunning opportunists'
It is high time that we must expose opportunists who are very cunning amongst our movement's structures. The writer of this article suggests why Biti and Ncube should not be included in the MDC struct...Published: 03 Apr 2019 at 15:09hrs | 610 | by Temba Moyo
Biti threatens to recommend Zinara management dismissal
FORMER Finance Minister Tendai Biti Tuesday, threatened to recommend the dismissal of the entire Zimbabwe National Roads Administration (Zinara) management over unclear tendering procedures and paymen...Published: 03 Apr 2019 at 08:34hrs | 1581 | by newzimbabwe
Zinara man quits after Parly probe
The man at the centre of corruption allegations unearthed by an audit on the Zimbabwe National Roads Administration, Mr Precious Murove, has quit the organisation in the middle of an inquiry by Parlia...Published: 03 Apr 2019 at 08:21hrs | 700 | by Staff reporter
CABS secures Spanish banking partner
LOCAL financial institution, Central African Building Society (CABS) has expanded its network of correspondent banking by tying up with a Spanish bank to cater for inward and outward foreign currency ...Published: 02 Apr 2019 at 08:07hrs | 488 | by Staff reporter
Reserve Bank of Zimbabwe betrays tobacco farmers
Tobacco sales floors were officially opened but farmers are frustrated and angry with the demeanour of the government. The Reserve Bank of Zimbabwe prior to the opening of the floors promised th...Published: 30 Mar 2019 at 18:04hrs | 1891 | by Matora Hupile
Government to introduce a new currency called E-Zollar by September?
In a pretexted bid to bring an end to the nation's perennial nightmarish currency woes, government is allegedly working on a secret plan to introduce a digital Zimbabwe dollar, as soon as a new curren...Published: 29 Mar 2019 at 09:00hrs | 29224 | by Spotlight
Zimbabwe tobacco farmers hold firm to their crop
Tobacco farmers have continued to hold on to their crop amid reports that they have only delivered less than 10% of the golden leaf in the first five days of trading this year, citing poor prices and ...Published: 28 Mar 2019 at 07:48hrs | 1613 | by Staff reporter
'US$45m traded on the interbank forex market over past 3 weeks'
THE Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says US$45 million has been traded over the past three weeks of the interbank forex market, a 25% increase in the average weekly trades compar...Published: 28 Mar 2019 at 07:24hrs | 964 | by Staff reporter
Exchange liberalisation right step: ICAZ
THE liberalisation of the foreign exchange rate by the Reserve Bank of Zimbabwe (RBZ) in this year's Monetary Policy Statement (MPS) has standardised financial reporting and done away with distortions...Published: 27 Mar 2019 at 23:06hrs | 122 | by Staff reporter
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