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Zimbabwe in top five of Afreximbank borrowers
Zimbabwe has emerged as one of the top five borrowers from the African Export-Import Bank (Afreximbank), highlighting its growing reliance on the regional lender at a time when global credit assessors...Published: 3 hrs ago | 11 | 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 | 351 | by Staff reporter
Tollgate evaders cost Zimbabwe millions
Zimbabwe is losing millions of dollars annually to toll fee evasion, a development lawmakers say threatens the sustainability of the nation's road infrastructure.During a debate in the Nationa...Published: 05 Sep 2025 at 06:55hrs | 274 | by Staff reporter
Record gold prices brighten Zimbabwe's trade outlook
Gold surged to a new all-time high on Tuesday, lifting Zimbabwe's economic prospects as the country continues to benefit from strong exports of the precious metal.Spot gold climbed 0,8 percent...Published: 03 Sep 2025 at 08:31hrs | 36 | by Staff reporter
OK Zimbabwe unveils turnaround plan
OK Zimbabwe has launched a sweeping turnaround strategy aimed at rescuing the country's largest supermarket chain from financial distress. Returning chief executive Willard Zireva described the compan...Published: 02 Sep 2025 at 07:07hrs | 1076 | by Staff reporter
Zimbabwe's amazing story
In most parts of the world, ownership of property and vehicles often comes with years of debt, mortgages and bank loans. Yet in Zimbabwe, a unique economic reality has been created, a culture where ci...Published: 01 Sep 2025 at 16:15hrs | 519 | by Engineer Jacob Kudzayi Mutisi
Stanbic Bank reports strong half-year 2025 profit after tax of ZWG682.2 million
Stanbic Bank Zimbabwe achieved a profit after tax of ZWG682.2 million for the half-year ended 30 June 2025, demonstrating robust growth and resilience in a challenging operating environment.Th...Published: 01 Sep 2025 at 15:00hrs | 103 | by Staff Reporter
Zanu PF's grip strangles city autonomy
SINCE the adoption of the 2013 Constitution, most Zimbabweans in urban areas hoped that finally they would have the desired autonomy to run affairs of their cities and towns without central gove...Published: 31 Aug 2025 at 10:05hrs | 141 | by Paidamoyo Muzulu
Qatari firm injects $500m into Zimbabwe gas project
Qatari investment company Al Mansour Holdings has acquired a 19.9% stake in Australia’s Invictus Energy and pledged up to $500 million to support the development of the Cabora Bassa gas project in Z...Published: 31 Aug 2025 at 08:45hrs | 107 | 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
Boom in gated communities reshaping Zimbabwe's urban living
Zimbabwe is witnessing a surge in the development of gated communities, fuelled by growing demand for security, privacy and exclusivity among middle- to high-income earners.These communities, ...Published: 29 Aug 2025 at 05:56hrs | 748 | by Staff reporter
Zimbabwe's gold exports soar
Zimbabwe's gold exports surged to US$1,385 billion in the first seven months of 2025, a 60,5 percent increase from the US$863,1 million recorded during the same period last year, according to the late...Published: 28 Aug 2025 at 06:53hrs | 376 | by Staff reporter
Court halts RioZim's asset sales
The High Court has granted an urgent interdict to the Zimbabwe Diamond & Allied Minerals Workers' Union (ZDAMWU), barring RioZim Limited from disposing of its mining assets while corporate rescue ...Published: 27 Aug 2025 at 06:04hrs | 354 | 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 | 2931 | 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
Bureaucracy fuels tender loopholes
The Procurement Regulatory Authority of Zimbabwe (PRAZ) has raised alarm over weaknesses in the country's public procurement system, warning that bureaucratic loopholes are being exploited by "tenderp...Published: 24 Aug 2025 at 19:27hrs | 255 | by Staff reporter
Zimbabwe's gold boom masked by environmental ruin
Zimbabwe's gold sector is experiencing one of its strongest rallies in years, but behind the production surge lies a darker reality of smuggling, lawlessness, and environmental collapse that threatens...Published: 24 Aug 2025 at 19:22hrs | 240 | by Staff reporter
Econet in aggressive tech roll-out
Telecommunications leader Econet Wireless Zimbabwe has reported a 70% decline in connectivity-related customer complaints after completing a major network upgrade during the year ended February 2025....Published: 24 Aug 2025 at 09:12hrs | 139 | by Staff reporter
SEO that converts in financial services - Why Absolute Digital Media leads the global pack
In the fast-evolving world of financial services, visibility is no longer optional - it's critical. Brands operating in competitive financial sectors need more than just a basic online presence. They ...Published: 23 Aug 2025 at 22:06hrs | 73 | by Ben Austin
Zvigananda laugh while words replace justice in Zimbabwe
In Zimbabwe, corruption is no longer an occasional scandal; it has become a daily torment. Every time Vice-President Constantino Chiwenga steps up to speak, Zimbabweans are treated to fiery speeches c...Published: 23 Aug 2025 at 18:01hrs | 563 | by Staff reporter
Zimbabwe's 2008 financial crash continues to haunt regulators
More than 15 years after Zimbabwe's 2008 financial collapse, the country's financial sector is once again under scrutiny as an estate developer has taken legal action against the Reserve Bank of Zimba...Published: 22 Aug 2025 at 13:20hrs | 266 | 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 | 481 | by Staff reporter
How to tell if you are financially ready for franchise ownership
Franchise ownership can be an exciting way to step into entrepreneurship with the support of an established brand. Unlike starting a business from scratch, franchises offer proven systems, training, a...Published: 22 Aug 2025 at 12:56hrs | 128 | by Staff Reporter
Are Zimbabwe economic growth rates real?
Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and i...Published: 21 Aug 2025 at 13:08hrs | 291 | by Delani Mangena
CBZ appoints Group Chief Risk Officer
CBZ Holdings has announced the appointment of Eunice Mujekenyeki as its new Group Chief Risk Officer, bringing over two decades of experience in the financial services sector to the role.Ms. M...Published: 20 Aug 2025 at 18:15hrs | 567 | by Staff reporter
ZRP faces rising corruption, public safety at risk
Zimbabwe's police service, once hailed as a guardian of law and order, is increasingly under scrutiny as allegations of corruption threaten public safety. Under Commissioner-General Stephen Mutamba, r...Published: 20 Aug 2025 at 09:37hrs | 364 | by Staff reporter
Hospital accountant jailed 12 years for US$123,000 fraud
A 30-year-old accountant has been sentenced to 12 years in prison after defrauding his employer, a private hospital in Harare, of more than US$123,700, ZW$15.3 million, and ZiG95,409.Tonderai ...Published: 19 Aug 2025 at 19:12hrs | 1178 | 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
If Mnangagwa wants to know what 'nyika inovakwa nevene vayo' really means, he should learn from Rhodesians!
Sometimes, words are cheap, and it is often those who boast the most who achieve the least.When the late Robert Mugabe popularized the phrase 'nyika inovakwa nevene vayo' - and his successor E...Published: 19 Aug 2025 at 08:08hrs | 427 | by Tendai Ruben Mbofana
Tendai Ndoro dies
Former Zimbabwe international striker Tendai Ndoro has died at the age of 40.The ex-Chicken Inn and Orlando Pirates forward was reportedly found dead at his home in South Africa. The cause of ...Published: 18 Aug 2025 at 19:34hrs | 1364 | by Staff reporter
Avenues clinics shuts down Baines' Radiology Department
The Baines Imaging Group (BIG) has raised serious concerns over patient safety following the forcible closure of its Radiology Department at Avenues Clinic, warning that the unprecedented action is je...Published: 18 Aug 2025 at 12:46hrs | 685 | 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
Munacho Mutezo in last ditch to save property
Former Water Resources and Infrastructural Development Minister Munacho Mutezo will today make a last-ditch attempt to prevent the sale of his Odzi farm, valued at US$750,000, following a High Court f...Published: 18 Aug 2025 at 08:35hrs | 279 | by Staff reporter
Tsholotsho council accounts in shambles
The Tsholotsho Rural District Council (RDC) in Matabeleland North has been flagged by the Auditor General (AG) for failing to comply with International Accounting Standards (IAS) in its financial repo...Published: 17 Aug 2025 at 10:09hrs | 185 | by Staff rporter
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
Zimbabwe has tragically become a lootocracy
Zimbabwe has been reduced to a shadow of its former promise - a jewel of Africa, a nation of hope and prosperity now lies bruised and exploited under the weight of a political elite that robs its peop...Published: 16 Aug 2025 at 16:22hrs | 557 | by Jacob Mutisi
Mugabe minister's farm assets auctioned over $750,000 debt
Farming equipment and livestock belonging to former Water Resources minister Munacho Mutezo are set to be auctioned today in Odzi, Manicaland, as part of efforts to recover a US$750,000 debt owed to h...Published: 15 Aug 2025 at 22:19hrs | 585 | by Staff reporter
Zimbabwe insurers urged to adapt or perish
The Insurance and Pensions Commission (Ipec) has called on Zimbabwean insurers to adapt to digital transformation while expanding into untapped sectors to boost resilience and competitiveness....Published: 15 Aug 2025 at 08:57hrs | 279 | 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 | 198 | 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 | 1000 | by Staff reporter
How can Mnangagwa preach selflessness when his regime is master of self-interest and plunder?
It often seems that before lecturing others on morality, some people should first look in the mirror.President Emmerson Mnangagwa's Heroes Day interview with the state-controlled broadcaster Z...Published: 12 Aug 2025 at 21:24hrs | 460 | by Tendai Ruben Mbofana
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 12 Aug 2025 at 19:33hrs | 91 | by Staff reporter
Zimbabwe allocates US$25 million to compensate civil servants
The Zimbabwean government has earmarked US$25 million to compensate civil servants for pension losses incurred before 2009 due to the country's period of hyperinflation. This move follows recommendati...Published: 11 Aug 2025 at 09:08hrs | 570 | 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 | 318 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 731 | by Staff reporter
Terminate licence fees to expose ZBC's failures
A time has now come for the scrapping of television and listeners' licence fees, as they serve no purpose and are an anachronistic relic of the past.The government and the Zimbabwe Broadcastin...Published: 10 Aug 2025 at 12:13hrs | 769 | by Nqaba Matshazi
Zimbabwe parliament fuel allocations under spotlight
A recent audit report by the Auditor General (AG) has exposed troubling irregularities within Parliament's administration, revealing that senior staff may have been allocating themselves over 1,...Published: 10 Aug 2025 at 10:09hrs | 260 | 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 | 1051 | 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 | 1127 | by Zimfieldguide
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