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After ditching the dollar, Zimbabwe now rushing for it at a steeper cost
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground.The problem seems to be based on how ...Published: 26 Aug 2024 at 08:11hrs | 3913 | by Staff reporter
Zimbabwe to achieve targeted metric tonnes of winter wheat
The government has announced that Zimbabwe is on track to meet its goal of producing 600,000 metric tonnes of winter wheat by the end of the 2024/25 season, a crucial step in its pursuit of food secur...Published: 23 Aug 2024 at 17:12hrs | 464 | by Staff reporter
Without the SADC Tribunal, the regional body is practically useless!
Let's set the scene. Imagine a group of people decide to establish an organization for a particular cause.They naturally lay down and agree upon their objectives, functions, operating ...Published: 18 Aug 2024 at 15:00hrs | 319 | by Tendai Ruben Mbofana
Bulawayo residents told to stop digging wells
Cowdray Park Councillor Ntandoyenkosi Ndlovu has warned residents against digging wells in their yards due to significant health risks. This advisory comes amid acute water shortages in the city, whic...Published: 15 Aug 2024 at 08:38hrs | 3379 | by Staff reporter
Cold spell to affect most parts of Zimbabwe starting tonight
The Meteorological Service Department (MSD) has forecasted a cold spell to affect most parts of Zimbabwe from Monday evening through Wednesday. According to the MSD's weather advisory, a signi...Published: 05 Aug 2024 at 16:46hrs | 724 | by Staff reporter
ZiG uncertainties to frustrate GDP forecasts
Zimbabwe's economic growth prospects are facing serious challenges due to liquidity shortages and a severe drought, according to leading advisory firms and economists. In a recent mid-term bud...Published: 03 Aug 2024 at 12:57hrs | 192 | by Staff reporter
Zimbabwe, United Kingdom trade up 67%
Trade between Zimbabwe and Britain surged by 67 percent to over US$800 million in 2023 compared to 2022, according to UK deputy ambassador to Zimbabwe, Dr. Joanne Abbot. Speaking at the launch...Published: 26 Jul 2024 at 06:34hrs | 129 | by Staff reporter
South Africa to consult over Zimbabweans facing deportation
South Africa's Department of Home Affairs has announced plans to consult on the future of approximately 230,000 Zimbabwean and Lesotho migrants after a court halted their deportation attempts, reports...Published: 19 Jul 2024 at 19:38hrs | 3544 | by Staff Reporter
Govt acts against expired, underweight food products
Government has taken decisive action to address the proliferation of expired and counterfeit food products in Zimbabwe, particularly in tuckshops across central business districts. Health and ...Published: 12 Jul 2024 at 09:13hrs | 12 | by Staff reporter
PUBLIC ALERT: Manhunt launched for fugitive Alessandro Marconati
Alessandro Marconati, son of the infamous self-styled Italian Mafia boss Francesco Marconati, has fled from the rule of law. Authorities are appealing to the public for assistance in locating him....Published: 14 Jun 2024 at 16:23hrs | 56 | by George Tshuma
Charting the optimal path for Zimbabwe's development REITs
This discourse delves into three principal governance models: the trustee-fund manager model, the board of directors approach, and the trustee-advisory board model.In the intricate landscape o...Published: 09 Jun 2024 at 09:13hrs | 1 | by Bekithemba Mpofu
Forvis Mazars' entry reflects Zimbabwe's economic potential
Forvis Mazars (FM), a global financial services network formed by the merger of Mazars and FORVIS, is set to launch operations in Zimbabwe, filling the gap left by Deloitte's exit. Mazars oper...Published: 06 Jun 2024 at 12:18hrs | 3 | by Staff reporter
Zimbabwe miner expects to triple gold output
Caledonia Mining plans to triple its gold output by developing Bilboes, the gold asset it acquired last year, using a single-phase development strategy. The company initially considered a phased appro...Published: 05 Jun 2024 at 14:15hrs | 4 | by Staff reporter
Retired Colonel Lionel Dyck dies
Retired Colonel Lionel Dyck, a distinguished veteran of the Zimbabwe National Army and head of the Dyck Advisory Group (DAG), has died. He succumbed to cancer in Capetown after a prolonged battle with...Published: 01 Jun 2024 at 18:30hrs | 7 | by Staff reporter
Zanu-PF not moved by Chamisa's 'sensationalist politics'
Political parties and analysts have criticized former CCC leader, Mr. Nelson Chamisa's appeals to the Southern African Development Community (Sadc) to invalidate the August 23, 2023 election results, ...Published: 28 May 2024 at 09:48hrs | 1 | by Staff reporter
Zimbabwe's Ralph Mupita scoops top regional business award
Ralph Mupita, the Zimbabwean-born President and CEO of MTN Group, has been honored as CEO of the Year at the 2024 Africa CEO Forum.The prestigious award was presented to Mupita this week durin...Published: 19 May 2024 at 10:27hrs | 3 | by Staff reporter
Ministry of SMEs holds the key to Zimbabwe's Growth
The Monetary Policy statement and other documents indicate that Micro, Small, and Medium Enterprises (MSMEs) contribute a significant 60% to Zimbabwe's gross domestic product (GDP). This news highligh...Published: 13 Apr 2024 at 17:37hrs | 7 | by Mandla Ndlovu
Gwanda begins consultations on master plan
The Gwanda Municipality has started consultations on the town's proposed master plan with mayor Thulani Moyo describing the engagement with residents as positive.Moyo said the due date for sub...Published: 11 Apr 2024 at 08:46hrs | | by Staff reporter
Private sector against third party insurance takeover
THE government's decision to take over the running of third-party insurance will crowd out the private sector and result in bureaucratic inefficiencies around claims processing, which will destroy eco...Published: 07 Apr 2024 at 10:21hrs | 1 | by Staff reporter
POSB privatisation put on halt
THE planned partial privatisation of the People's Own Savings Bank (POSB) has been put on halt as the bank awaits further guidance on the project from the shareholder.Partial privatisation was...Published: 04 Apr 2024 at 06:14hrs | | by Staff reporter
Drought kills 9 000 cattle in Zimbabwe
ZIMBABWE has recorded approximately 9 000 drought-related cattle deaths with over 1,4 million more reported to be at high risk due to lack of pasture and water, the USAid's food security arm has said....Published: 03 Apr 2024 at 06:05hrs | 2 | by Staff reporter
Stockfeed subsidies for drought-hit livestock farmers
THE Government has stepped in to save the country's livestock situation with a coterie of urgent intervention measures aimed at bailing out farmers from losing their animals for a song to unscrupulous...Published: 31 Mar 2024 at 16:44hrs | 1 | by Staff reporter
US$15,000 bribe demand haunts top officials
The Public Accountants and Auditors Board (PAAB)'s secretary and the acting deputy secretary are at the centre of a corruption scandal involving the registration of a new audit firm.The PAAB i...Published: 31 Mar 2024 at 15:22hrs | | by Staff reporter
China supports total sanctions removal on Zimbabwe
China stands ready to support Zimbabwe for the total removal of Western sanctions, the defence of its sovereignty and the pursuit of strategic security interests, visiting Chinese Communist Party (CCP...Published: 20 Mar 2024 at 06:30hrs | 2 | by Staff reporter
Uneca tells Zimbabwe to work on debt
THE United Nations Economic Commission for Africa (Uneca) deputy executive secretary programme Support Antonio Pedro says Zimbabwe needs to work on its debt to deal with its economic crises.Cu...Published: 04 Mar 2024 at 04:44hrs | 7 | by Staff reporter
Zimbabwe ministries fight over key institutions
A SIMMERING dispute between the Higher and Tertiary Education and the newly-established Skills Audit and Development ministries has escalated into a full-blown turf war, raising concerns about the pot...Published: 04 Mar 2024 at 04:44hrs | 1 | by Staff reporter
Zimbabwe declares 'heightened alert'
President Emmerson Mnangagwa aborted landing at Victoria Falls International Airport on Friday and his private jet returned to Harare after authorities were warned of a "credible bomb or firearm threa...Published: 01 Mar 2024 at 19:11hrs | | by Staff reporter
Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independen...Published: 25 Feb 2024 at 09:27hrs | | by Staff reporter
'Zimbabwe inflation rate at 747%'
ZIMBABWE'S annual inflation could be over 20 times higher than the official rate of 34,8%, an independent advisory estimated this week, as it gave glimpses into fundamentals behind deeper turbulence c...Published: 16 Feb 2024 at 15:22hrs | 1 | by Staff reporter
Bard Santner sets up New York office
HARARE - Local financial services firm Bard Santner Inc has set up an office in New York, United States, in a move to attract capital investment and transaction opportunities offshore.The comp...Published: 15 Feb 2024 at 18:42hrs | 8 | by Staff Reporter
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 1 | by Staff reporter
Zimbabwe arrears clearance, debt resolution talks resume
THE next round of high-level talks on Zimbabwe's arrears clearance and debt resolution process will be held next month, marking yet another pivotal moment in the country's quest to clear its internati...Published: 21 Jan 2024 at 07:27hrs | 1 | by Staff reporter
Youngest prominent Zim lawyer featured in Fortune Africa
Meet Clifford S. Ncube, the youngest prominent lawyer in Zimbabwe, who has not...Published: 20 Jan 2024 at 12:38hrs | | by Nkululeko Nkomo
'Zimbabwe littered with zombie firms'
ZIMBABWE is littered with "dogs and zombie companies" that are stagnant and have moribund prospects, limited cash-flows and low market share, according to the strategic advisory firm Mark & Associ...Published: 17 Jan 2024 at 04:55hrs | 1 | by Staff reporter
Farmers expect decent harvest
FARMERS are now expecting to get a decent harvest following the weakening of the El Nino phenomenon which was expected to cause severe drought in most parts of Southern Africa including Zimbabwe....Published: 16 Jan 2024 at 04:39hrs | | by Staff reporter
Zimbabwe genocide survivors demand justice as hearings commence
It is now close to four decades since the end of Gukurahundi massacres in Matabeleland and Midlands, but survivors and their relatives are still to find closure as the government continues to dither o...Published: 15 Jan 2024 at 05:23hrs | 7 | by Staff reporter
New board for Transmedia
President Mnangagwa has approved the appointment of five experts to the Transmedia Corporation board of directors with effect from January 9, 2024, for a term of four years, Information, Publicity and...Published: 11 Jan 2024 at 05:12hrs | | by Staff reporter
Matebeleland farmers welcome cloud seeding, heavy rains loom
FARMERS have welcomed the Government's cloud-seeding programme to induce more rains saying the intervention is critical as they are desperate to boost production amid an El Nino season that is charact...Published: 10 Jan 2024 at 05:33hrs | 6 | by Staff reporter
US diplomat outlines an ambitious vision for Zimbabwe
BOTTOM LINE- The US Embassy in Harare has identified the potential for Zimbabwe to become a growth hub for Southern Africa.- This is a curious conclusion to draw given the fact that Zi...Published: 06 Jan 2024 at 18:33hrs | 5 | by Michael Walsh
Mumba Money International appoints former rugby star as Chairman
Mumba Money, the leading digital financial services provider, continues its expansion into Africa with the appointment of Prince Sivile Mabandla as the Chairman of Mumba Money South Africa. This appoi...Published: 04 Jan 2024 at 14:16hrs | 42 | by Nkululeko Nkomo
Chiwenga's wedding was a political statement
HIGH-PROFILE weddings, especially those of the rich, famous and powerful - very important persons (VIPs) - are renowned worldwide for their grandeur, luxury and vibrant celebrations.These ausp...Published: 27 Dec 2023 at 17:26hrs | 13 | by Staff reporter
1 million chicks, 7 000 goats for free!
MORE than 110 000 rural households have received over 1, 1 million indigenous chicks and about 7 000 goats countrywide in the last 14 months as part of Government's programme to guarantee food securit...Published: 24 Dec 2023 at 16:09hrs | 5 | by Staff reporter
Zim Ambassador Golf day Namibia off to a Good Start
Teenage sensation Prince Robert Kahisime stole the show with a sterling performance at the recently concluded Nyaradzo Ambassadors Golf Day Namibia held at the lush Windhoek Golf and Country Club....Published: 21 Dec 2023 at 08:05hrs | 8 | by Angicies
Wet spell to persist in Zimbabwe
The Meteorological Services Department has advised the public that the current wet spell is expected to persist across the country until tomorrow.In an advisory, the department said heavy fall...Published: 19 Dec 2023 at 13:00hrs | 5 | by Staff reporter
Zimbabwean man gets top UN role
Zimbabwean Thompson Chengeta (38) has been appointed to the United Nations Secretary General's 15-member advisory board on disarmament matters.Born in Shurugwi and growing up in the villages o...Published: 13 Dec 2023 at 05:10hrs | 1 | by Staff reporter
Matebeleland South farmers start losing livestock to drought
Matebeleland South has reactivated the provincial livestock drought taskforce, acting provincial director of agricultural Rural Development and advisory services, Mr Mkhunjulelwa Ndlovu has said....Published: 07 Dec 2023 at 05:26hrs | 4 | by Staff reporter
CBZ in major strategic shake up
Pursuant to the strategic vision of creating one of the country's largest financial services groups, renowned banker, strategist and businessman Mr Luxon Zembe, has been appointed acting chairman of C...Published: 06 Dec 2023 at 05:02hrs | 5 | by Staff reporter
Zimbabwe records 468 000t wheat harvest
The successful land reform paid dividends to wheat farmers this season following the attainment of a resounding record wheat harvest of 467 905 tonnes compared to 375 000 tonnes last season with farme...Published: 28 Nov 2023 at 05:17hrs | | by Staff reporter
Zimbabwean named co-chair of UN's AI Advisory Body for Global Governance
ZIMBABWEAN tech genius James Manyika, Senior Vice-President of Google, has scored big again after being appointed on the UN Secretary-General's Artificial Intelligence Advisory Body on risks, opportun...Published: 06 Nov 2023 at 05:21hrs | 4 | by Staff reporter
Somaliland Ministry Entrusts Investment Promotion to Fencorp Global
Somaliland's Ministry of Investment and Industrial Development has taken a significant stride towards bolstering economic growth and drawing foreign investments to the nation. In a momentous announcem...Published: 30 Oct 2023 at 10:26hrs | | by Nicholas Ncube
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