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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: 7 hrs ago | 264 | 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: 8 hrs ago | 64 | 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 | 117 | 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 | 90 | 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 | 1469 | 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 | 735 | 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 | 375 | 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 | 352 | 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 | 263 | 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 | 254 | 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 | 237 | 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
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 | 265 | 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 | 477 | 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 | 116 | 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 | 1170 | 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 | 408 | 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 | 1344 | 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 | 278 | 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 | 184 | 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 | 292 | 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
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 | 186 | 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 | 90 | 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 | 730 | 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
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 429 | by Staff reporter
ZimRe pushes to recover funds frozen in US
Financial services giant ZimRe Holdings Limited (ZHL) is mounting a fresh bid to reclaim more than US$1,1 million still locked in the United States from the sanctions era, chief executive officer Stan...Published: 08 Aug 2025 at 08:37hrs | 210 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 138 | by Staff reporter
Mutapa blocks ZCDC diamond sale
Zimbabwe's state-owned diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has been plunged into a deeper financial crisis after its sole shareholder, the Mutapa Investment Fund (MIF), ve...Published: 08 Aug 2025 at 08:25hrs | 223 | 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 | 47 | by Staff Reporter
No politics for Zimbabwe civil servants
The Government has gazetted the Public Service Amendment Bill, which seeks to tighten rules on political office for civil servants, extend maternity leave benefits, and restrict industrial action by e...Published: 06 Aug 2025 at 12:49hrs | 494 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 385 | by Staff reporter
Zimbabwe govt gazettes public service amendment bill
Government has gazetted the Public Service Amendment Bill, which will compel civil servants to resign upon assuming political office, grant female employees 98 days of fully paid maternity leave witho...Published: 06 Aug 2025 at 09:09hrs | 246 | by Staff reporter
Zimpapers pension fund under probe
The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into the Zimpapers Pension Fund amid allegations of mismanagement of employees' contributions and questionable sales of com...Published: 05 Aug 2025 at 12:37hrs | 588 | 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 | 464 | 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 | 470 | by Staff reporter
Chiwenga cracks the whip in Zanu-PF
Vice President Constantino Chiwenga has issued a stern reprimand to the Zanu-PF Harare provincial executive, led by Goodwills Masimirembwa, over a series of internal transgressions that party insiders...Published: 03 Aug 2025 at 10:04hrs | 1481 | by Staff reporter
Bindura neglects billing 1,598 households
Bindura Town Council has come under fire following revelations that it neglected to bill 1,598 households in the Garikai area for water services, resulting in a significant loss of revenue. The disclo...Published: 02 Aug 2025 at 10:12hrs | 33 | by Staff reporter
Zimra prosecutes over 50 employees over corruption
Zimbabwe's tax authority says it has prosecuted more than 50 employees for corruption during the first seven months of 2025 and suspended 306 since 2016 - part of a sweeping purge sparked by lifestyle...Published: 01 Aug 2025 at 08:41hrs | 312 | by Staff reporter
Gwanda Municipality in payroll dilemma
Gwanda Municipality is facing serious questions over its financial management after the Auditor-General's 2024 report revealed significant discrepancies in payroll processing and financial reporting....Published: 31 Jul 2025 at 08:20hrs | 283 | by Staff reporter
Biti demands judicial inquiry into Trabablas Interchange project
Former Finance Minister Tendai Biti has called for a forensic audit and the establishment of a judicial commission of inquiry into the staggering US$114 million cost of the newly commissioned Trababla...Published: 30 Jul 2025 at 18:18hrs | 621 | by Staff reporter
Chiwenga confirms he reported Marry Mubaiwa
Vice President Constantino Chiwenga has revealed that he was the one who reported his ex-wife, Marry Mubaiwa, for alleged criminal activities, and has welcomed the forfeiture and auctioning of her ass...Published: 30 Jul 2025 at 15:52hrs | 720 | by Staff reporter
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