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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: 12 hrs ago | 90 | 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 | 327 | 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 | 184 | 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 | 270 | 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 | 139 | 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 | 402 | 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 | 471 | 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 | 131 | 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 | 1802 | 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 | 998 | 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 | 147 | 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 | 106 | 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 | 276 | 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 | 261 | by Staff rporter
Ex-bank consultant jailed for US$23,000 fraud
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent lo...Published: 16 Aug 2025 at 13:25hrs | 155 | by Staff reporter
Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 16 Aug 2025 at 13:13hrs | 465 | by Staff reporter
Ex-CCC MP jailed for 2 years for defrauding Bulawayo woman
Former Citizens Coalition for Change (CCC) legislator Obert Manduna has been sentenced to an effective two years in prison after being found guilty of defrauding a Bulawayo woman of US$5,900 in a fail...Published: 15 Aug 2025 at 16:17hrs | 414 | by Staff reporter
Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 15 Aug 2025 at 14:22hrs | 503 | by Staff reporter
FBC urges clear Zimbabwe de-dollarisation framework
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves....Published: 15 Aug 2025 at 08:55hrs | 397 | by Staff reporter
Gweru City Council in financial scandal
A damning 2024 Auditor-General's report has exposed deep-seated financial mismanagement at Gweru City Council, revealing unreconciled bank variances amounting to ZWL$4,9 billion, missing asset records...Published: 15 Aug 2025 at 08:41hrs | 185 | by Staff reporter
Zimbabwe tightens carbon market regulations
Zimbabwe has lost tens of millions of United States dollars over the years through unregulated carbon credit trade, prompting the Government to introduce strict new regulations and a national registry...Published: 14 Aug 2025 at 14:48hrs | 131 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 994 | by Staff reporter
Geza searching rogue prison officers arrested
Two rogue Zimbabwe Prisons and Correctional Services (ZPCS) wardens, Tawanda Marumahoko (37) and Christopher Gomwe (43), have been arrested alongside five accomplices following a series of armed robbe...Published: 14 Aug 2025 at 10:42hrs | 1621 | by Staff reporter
British soldiers using sex workers in Kenya
An investigation by the British Army has revealed that some personnel stationed at the British Army Training Unit Kenya (Batuk) continue to engage sex workers despite a formal ban, with the practice o...Published: 14 Aug 2025 at 10:36hrs | 331 | by Staff reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 452 | by Staff reporter
Zimbabwe conducts digital currency survey
The Reserve Bank of Zimbabwe (RBZ) has intensified its preparations to introduce a Central Bank Digital Currency (CBDC) through a phased approach, starting with consumer perception surveys to gauge pu...Published: 12 Aug 2025 at 08:41hrs | 261 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 204 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 317 | by Staff reporter
SA police hunt for Zimbabwean gold mining kingpin
The National Prosecuting Authority (NPA) has amended the indictment against eight suspects accused of involvement in an alleged illegal mining syndicate following the repeated failure of the suspected...Published: 10 Aug 2025 at 10:07hrs | 1047 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 476 | by Staff reporter
EcoCash agent's home raided
A gang of three suspected armed robbers stormed the home of a local EcoCash agent near Mucheke Rank in the early hours of Saturday morning, escaping with over US$5,300 in cash, US$1,100 worth of Econe...Published: 09 Aug 2025 at 13:21hrs | 295 | by Staff reporter
How Mutare and Manicaland were annexed from the Portuguese
First - a tributeIn carrying out the background research I have been greatly impressed by the articles written by J.C. Barnes, who taught at Umtali Boys' High School and published both in Rhod...Published: 08 Aug 2025 at 21:43hrs | 1098 | by Zimfieldguide
Logistics firm in exchange control violation
Mapho Tradelink Procurement and Logistics Private Limited, a leading procurement and logistics company, has been taken to court for allegedly breaching the Exchange Control Act by making payments exce...Published: 08 Aug 2025 at 13:08hrs | 195 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Drinking buddies turn home invaders in brazen robbery plot
A close-knit group of eight men from Bulawayo shocked the city after they were charged with robbing the mansion of a friend while pretending to enjoy drinks together at a local bar.The accused...Published: 08 Aug 2025 at 08:52hrs | 496 | by Staff reporter
BitStarz casino review for Australian Players - Crypto, Pokies & Bonuses
BitStarz Casino Australia attracts attention in the local online gambling market due to its wide selection of pokies, cryptocurrency support, and diverse promotions. This site operate...Published: 07 Aug 2025 at 16:26hrs | 46 | by Staff Reporter
Zimbabwe Company Director Arrested Over US$6 Million LP Gas Forex Scandal
The National Prosecuting Authority of Zimbabwe (NPAZ) has announced the arrest of businessman Grant Chitate and his company Wellington Thulisa (Pvt) Ltd in connection with a massive foreign currency v...Published: 06 Aug 2025 at 16:35hrs | 332 | by Stephen Jakes
Police deploy for holidays, warn reckless motorists
The Zimbabwe Republic Police (ZRP) has rolled out extensive deployments across the country's roads, residential areas, industrial zones, and Central Business Districts (CBDs) to ensure peace, law, and...Published: 06 Aug 2025 at 14:33hrs | 167 | by Staff reporter
Standoff erupts between Zimpapers board and management
A major standoff has erupted between the Zimpapers board and management, and three former company executives dismissed in January over allegations of corruption and fraud, as the board insists no exit...Published: 06 Aug 2025 at 09:41hrs | 621 | by Staff reporter
Director arrested over US$7.6m payments for LP gas imports
Grant Wellington Thulisa (Pvt) Ltd, represented by its director Grant Chitate, has been dragged before the courts on allegations of making unauthorised foreign payments totalling US$7.6 million for th...Published: 05 Aug 2025 at 17:44hrs | 1061 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 58 | by Staff reporter
Manyere, Nyengedza at centre of SA company collapse
Two prominent Zimbabwean businessmen, George Manyere and Godwin Nyengedza, are at the heart of the dramatic collapse of Afristrat Investment Holdings - a South African financial services firm formerly...Published: 04 Aug 2025 at 17:15hrs | 519 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 460 | by Staff Reporter
President Lungu murdered by drug cartels in South Africa?
As we wait for the court proceedings regarding Advocate Chagwa Lungu's resting place, so many conspiracy theories are unfolding, some of which are unsettling. Before South African courts on the 4th of...Published: 03 Aug 2025 at 19:32hrs | 2101 | by Nomazulu Thata
Ramaphosa's emails hacked by SAPS crime intelligence
The SAPS' crime intelligence (CI) division has been fingered as the culprits who hacked President Cyril Ramaphosa's emails while he was serving as deputy president. The unit was fin...Published: 03 Aug 2025 at 15:11hrs | 1002 | by Staff reporter
Zimbabwe Govt Pension Fund acquires Monomotapa Hotel
Zimbabwe's largest hospitality group, African Sun Limited (ASL), has agreed to sell the historic Monomotapa Crowne Plaza Hotel and its adjacent car park to the Public Service Pension Fund in a deal va...Published: 03 Aug 2025 at 12:18hrs | 467 | by Staff reporter
Company faces exchange control violation charges
A Harare-based company, Grant Thulisa (Pvt) Ltd, has been hauled before the courts on allegations of violating Zimbabwe's exchange control regulations after it allegedly misrepresented the amount of m...Published: 03 Aug 2025 at 12:17hrs | 200 | by Staff reporter
Serial car fraudster jailed over rental scams
A 36-year-old serial fraudster, Christen Nketa, has been sentenced to 10 years in prison after being convicted of stealing multiple vehicles from car rental companies using a string of fake identities...Published: 03 Aug 2025 at 10:03hrs | 168 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
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