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Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1243 | by Staff reporter
South Africa hikes toll fees
The South African National Roads Agency (Sanral) has announced an increase in toll tariffs across the country's major routes, effective from 1 March 2025. The toll fees will rise by 4.84%, marking a s...Published: 11 Feb 2025 at 12:27hrs | 861 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
Bulawayo City Council steps up efforts to restore order in CBD
The Bulawayo City Council (BCC) has announced plans to maintain a strong security presence at key vending sites and illegal commuter pick-up points in the Central Business District (CBD) as part of it...Published: 09 Feb 2025 at 11:23hrs | 958 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Egodini deal terminated
The Bulawayo City Council (BCC) has officially moved to terminate the lease agreement with Terracotta Trading Private Limited for the US$60 million Egodini Redevelopment Project due to the contractor'...Published: 06 Feb 2025 at 07:34hrs | 2184 | by Staff reporter
SADC extraordinary summit on Eastern DRC postponed to January 31
The Southern African Development Community (SADC) Extraordinary Summit, originally scheduled for tomorrow, has been postponed to Friday, January 31. The Summit will focus on addressing the ongoing sec...Published: 30 Jan 2025 at 06:56hrs | 175 | by Staff reporter
Chivayo responds to reports of bank limit adjustments
Businessman Wicknell Chivayo has strongly dismissed reports that he requested Ecobank to adjust two bank accounts to a US$20 million monthly limit after securing lucrative government contracts worth U...Published: 29 Jan 2025 at 18:49hrs | 14580 | by Staff reporter
Zanu-PF team monitors Beitbridge operations
The ruling ZANU-PF party has deployed senior members of its Economic Development Cluster on a two-day working visit to Beitbridge Border Post to assess the implementation of economic development polic...Published: 29 Jan 2025 at 08:43hrs | 278 | by Staff reporter
Bosso financial woes exposed
Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challe...Published: 27 Jan 2025 at 08:20hrs | 213 | by Staff reporter
Please, ZANU-PF, don't lie: The ED 2030 campaign never came from Zimbabweans
ZANU-PF Chief Whip Pupurai Togarepi recently claimed that the push for President Emmerson Mnangagwa to extend his term beyond 2028 originates from the people of Zimbabwe. Speaking at a gatheri...Published: 15 Jan 2025 at 11:25hrs | 702 | by Tendai Ruben Mbofana
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 278 | by Staff reporter
Tropical Cyclone Dikeledi's path and impact
Tropical Cyclone Dikeledi is advancing westward toward northern Madagascar, with its center located approximately 817 km (508 miles) north-northeast of Antananarivo as of January 11.Forecast m...Published: 11 Jan 2025 at 18:29hrs | 616 | by Staff reporter
Zimbabwe govt clarifies retirement age extension
The Zimbabwean government has extended the retirement age for civil servants and members of the uniformed forces by five years, citing the need to utilize their expertise and address the country's inc...Published: 01 Jan 2025 at 10:14hrs | 839 | by Staff reporter
Zimbabwe extends retirement age for civil servants
The government has announced an increase in the retirement age for civil servants and members of the uniformed forces by an additional five years, effective 1 January 2025.According to Statuto...Published: 31 Dec 2024 at 13:57hrs | 1187 | by Staff reporter
Zimborders hikes vehicle toll fees at Beitbridge
Zimborders Consortium, the entity managing the Beitbridge Border Post, has announced that it will be increasing access toll fees for commercial vehicles starting February 1, 2025. The fee hikes will a...Published: 29 Dec 2024 at 08:56hrs | 2110 | by Staff reporter
Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 11:00hrs | 115 | by Staff reporter
Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 10:59hrs | 141 | by Staff reporter
Zimbabwe may surpass 2024 gold production target
Zimbabwe's gold mining sector has witnessed remarkable growth over the past decade, with production nearly doubling since 2015. The country is now on track to surpass its 35-tonne gold production targ...Published: 15 Dec 2024 at 09:09hrs | 380 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2152 | by Staff reporter
Bulawayo City Council forced to revise 2025 budget
Following a heated meeting with business representatives, residents' associations, and other key stakeholders, the Bulawayo City Council (BCC) has been compelled to revise its proposed 2025 budget. Th...Published: 13 Dec 2024 at 09:32hrs | 135 | by Staff reporter
Machakaire responds to Paradza as factions tear Zanu-PF
Daggers are drawn within Zimbabwe's ruling Zanu-PF party as a power struggle between top leaders of the influential Youth League threatens to deepen divisions.Youth Affairs Minister Tino Macha...Published: 11 Dec 2024 at 13:54hrs | 1478 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 447 | by Staff reporter
Zanu-PF Youth League reshuffle sparks tensions, put on hold
Zanu-PF's National Secretary for Youth Affairs, Tino Machakaire, announced a major reshuffle of the Youth League National Executive to align the structure with the 2030 national agenda. However, the m...Published: 10 Dec 2024 at 16:44hrs | 836 | by Staff reporter
Welshman Ncube's CCC takes Tshabangu to court
The Citizens Coalition for Change (CCC), under the leadership of Welshman Ncube, has taken Secretary General Sengenzo Tshabangu to court over a contentious parliamentary reshuffle that saw Karenyi Kor...Published: 10 Dec 2024 at 11:32hrs | 1488 | by Staff reporter
Billionaire Ramaphosa gets a pay rise
Parliament on Tuesday approved a salary increase for President Cyril Ramaphosa despite opposition from his ardent critics, the EFF and MK Party.This after ANC chief whip Mdumiseni Ntuli tabled...Published: 04 Dec 2024 at 07:25hrs | 1291 | by Staff reporter
Zimbabwe limits temporary travel document validity to 1 month
The Civil Registry Department of Zimbabwe has announced a new policy limiting the validity of Temporary Travel Documents (TTDs) to one month, effective November 14. These documents will now only permi...Published: 03 Dec 2024 at 08:49hrs | 344 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 103 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 368 | by Staff reporter
Mthuli Ncube squeezes taxpayers
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measure...Published: 29 Nov 2024 at 07:16hrs | 824 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1090 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1937 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 176 | by Staff reporter
Zimbabwe Warriors aim to finish AFCON qualifiers on a high
With qualification for the 2025 Africa Cup of Nations already secured, Zimbabwe's Warriors, under coach Michael Nees, are not taking their final Group J match against Cameroon lightly. Despite the aca...Published: 18 Nov 2024 at 15:01hrs | 253 | by Staff reporter
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 99 | by Staff reporter
'TTI operating at a loss in Bulawayo'
Tendy Three Investments (TTI), the company contracted to manage parking bays in Bulawayo, is reportedly operating at a significant loss and has proposed a drastic shift in its public-private partnersh...Published: 15 Nov 2024 at 08:38hrs | 2033 | by Staff reporter
Bulawayo parking firm boss rolls into City Hall in US$400k Rolls Royce
Lizwe Mabuza, the chairman of Tendy Tree Investments (TTI), the company managing Bulawayo's paid parking, arrived at City Hall in a US$400,000 Rolls Royce Cullinan last week, prompting a wave of publi...Published: 14 Nov 2024 at 13:16hrs | 1814 | by Staff reporter
Call for transparency and Stakeholder Consultation on New Cyber and Data Protection Licencing Regulations
The recent implementation of the Cyber and Data Protection Licencing regulations (S.I. 155 of 2024) by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has sparked significa...Published: 08 Nov 2024 at 14:44hrs | 112 | by Engineer Jacob Kudzayi Mutisi
Siya Kolisi Splits with Wife
Springbok captain Siya Kolisi and his wife Rachel have blown the final whistle on their eight-year marriage, a love story that's had South Africa cheering from the stands. On 22 October, the coupl...Published: 08 Nov 2024 at 14:16hrs | 1562 | by Staff Reporter
ZERA increases fuel prices in Zimbabwe
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a fuel price adjustment for diesel and petrol blend, impacting prices in both Zimbabwean dollars and US dollars. The new rates, effective ...Published: 06 Nov 2024 at 16:24hrs | 8962 | by Staff reporter
FC Platinum's title hopes crushed
Dynamos 2 - 0 FC PlatinumWith rivals Simba Bhora securing a nine-point lead just a day earlier, FC Platinum entered the game under pressure to close the gap. However, Dynamos exploited that urgenc...Published: 04 Nov 2024 at 06:32hrs | 154 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 1464 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5612 | by Staff reporter
Godongwana controversially allocates R321 million to Western Cape
In a surprising move, Finance Minister Enoch Godongwana has allocated an additional R321 million in basic education funding exclusively to the Western Cape, sparking concerns and calls for transparenc...Published: 31 Oct 2024 at 11:58hrs | 1652 | by Staff reporter
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 89 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4505 | by Staff reporter
RBZ pumps US$32 million into market
The Reserve Bank of Zimbabwe (RBZ) has infused approximately US$32 million into the interbank foreign exchange market over the past three weeks to stabilize the Zimbabwe Gold (ZiG) currency and addres...Published: 27 Oct 2024 at 12:19hrs | 156 | by Staff reporter
IMF, World Bank not serving African interests
Humanitarian organization ActionAid has issued a scathing call for the overhaul or abolition of the International Monetary Fund (IMF) and World Bank, arguing that these institutions do not serve the i...Published: 24 Oct 2024 at 07:59hrs | 124 | by Staff reporter
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1750 | by Staff reporter
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