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RBZ raises $300m
The Reserve Bank of Zimbabwe said yesterday it successfully managed to raise $300 million through its latest 182-day treasury bill auction. The offer, which opened and closed on Tuesday,...Published: 14 Nov 2019 at 05:29hrs | 348 | by Staff reporter
RBZ seeks to raise $300m through TBs
GOVERNMENT is seeking to raise another $300 million through Treasury Bills (TBs) to finance its programmes, a month after issuing a sovereign paper with the same amount.In a statement yesterda...Published: 12 Nov 2019 at 07:22hrs | 182 | by Staff reporter
Tobacco seedling scheme for Matabeleland
DIVERSFIED agro-based concern, Mhuri Farming plans to roll out a tobacco seedling-growing scheme in Matabeleland to promote production of the crop in the region. Of late, the Tobacco Industry ...Published: 12 Nov 2019 at 07:10hrs | 70 | by Staff reporter
Mujuru property goes under the hammer
FORMER vice president Joice Mujuru's combine harvester worth over US$200 000 is set to go under the hammer on Wednesday after the High Court recently removed from the roll her application challe...Published: 02 Nov 2019 at 13:35hrs | 3638 | by Staff reporter
No need for Press briefing from Government Ministers, Set a Development agenda !!!
Zimbabwe Government Ministers have reduced themselves to journalists in a war room instead of adopting statesmanship rules. I watched yesterday press briefing and I was embarrassed. There is no need t...Published: 01 Nov 2019 at 13:58hrs | 983 | by Tinashe Eric Muzamhindo
Ex-minister loses upmarket Harare property
Former Lands minister Douglas Mombeshora and his wife Millicent have lost their bid to claim co-ownership of a Borrowdale property which was bought by a Harare businessman, through a public auction co...Published: 31 Oct 2019 at 07:17hrs | 1009 | by Staff reporter
Former minister's wife files for divorce
FORMER Health and Child Care Deputy Minister Dr Edwin Muguti's wife has filed for divorce at the High Court accusing him of adultery. Tapiwa Mercy Muguti (nee Mukandi) claims that their marriage has i...Published: 30 Oct 2019 at 05:52hrs | 2508 | by Staff reporter
Who is manipulating tobacco prices at the floors?
What is happening at the tobacco auction floors come the selling season? Some tobacco farmers are not happy and even their wives are shaking heads in disapproval and dismay. The children may n...Published: 29 Oct 2019 at 11:12hrs | 1394 | by Thomas Tondo Murisa
Zanu-PF's Mangwana loses upmarket property
ZANU PF secretary for legal affairs, Munyaradzi Paul Mangwana's claim to a Glen Lorne property, which he had bought through the Sheriff of the High Court, has now come under scrutiny after Justice Cle...Published: 22 Oct 2019 at 07:20hrs | 5909 | by Staff reporter
'Tortured' vendor dies in prison
A Harare vendor died in remand prison yesterday after he was allegedly tortured by police, triggering an angry reaction from human rights defenders.Tafadzwa Hilton Tamangani was one of the 11 ...Published: 20 Oct 2019 at 23:53hrs | 616 | by Staff reporter
Man dies after he was 'tortured' by police and denied access to doctor
A man tortured in police custody died on Friday night after prison authorities denied him access to a doctor, his lawyers said.In a statement, the Zimbabwe Lawyers for Human Rights said Hilton...Published: 20 Oct 2019 at 23:46hrs | 439 | by ZimLive
Police link helmet to slain cop
ONE of the 210 anti-riot police helmets recovered from the basement of Robinson House in Harare last week belonged to a police sergeant who was killed in political violence that erupted near Harvest H...Published: 19 Oct 2019 at 07:09hrs | 1604 | by Staff reporter
Zimbabwe still to get Embraer operating manual
GOVERNMENT has engaged Embraer over delays in releasing crucial operating manuals for its Embraer ERJ145, six months after taking delivery of the aircraft from the manufacturer, the Zimbabwe Independe...Published: 18 Oct 2019 at 05:28hrs | 510 | by Staff reporter
Chamisa's MDC seeks police interdict
The Nelson Chamisa-led MDC has approached the High Court with an urgent application seeking an order to interdict Home Affairs minister Cain Mathema, Police Commissioner-General Godwin Matanga and Off...Published: 16 Oct 2019 at 16:20hrs | 24 | by Staff reporter
Police question Chibwe over anti-riot helmets
POLICE yesterday questioned Mitchel Chibwe in connection with the Zimbabwe Republic Police anti-riot and city council helmets which were recovered in the basement of Robinson House on Saturday night....Published: 15 Oct 2019 at 09:29hrs | 634 | by Staff reporter
MDC 'helmets' sold to security firm
Police laid siege on the MDC's headquarters on Monday, a day after over 200 old police helmets were found in the basement of a building in central Harare.Dozens of armed police officer prevent...Published: 15 Oct 2019 at 08:58hrs | 476 | by ZimLive
Mnangagwa, govt running scared, says Chamisa
Opposition leader Nelson Chamisa yesterday accused authorities of running scared and working to destabilise the MDC - after hundreds of police cordoned off the party's national headquarters in Harare....Published: 15 Oct 2019 at 07:03hrs | 1055 | by Staff reporter
Mnangagwa's police lock down Chamisa's HQ
POLICE yesterday shut down the MDC headquarters in Harare following the alleged discovery of 210 riot police and 41 municipal police helmets in a basement of a nearby building, but the opposition part...Published: 15 Oct 2019 at 07:00hrs | 316 | by Staff reporter
Unlocking Zimbabwe's dead capital
Agriculture remains central to Zimbabwe' economic revival hopes even though its contribution has declined to less than 12% of Gross Domestic Product (GDP) in 2018. Agriculture has strong backward and ...Published: 14 Oct 2019 at 14:18hrs | 558 | by Victor Bhoroma
RBZ's TBs auction hit by low uptake again
A paltry $72 million out of the $150 million Treasury Bills (TBs) auctioned last week was subscribed, an apparent indication the market has no appetite for the sovereign paper.This is the seco...Published: 13 Oct 2019 at 07:14hrs | 789 | by Staff reporter
Air Zimbabwe failing to attract an investor
INSOLVENT flag carrier Air Zimbabwe is failing to attract an investor, 11 months after government invited bids from potential suitors to take over the embattled entity, the Zimbabwe Independent can re...Published: 11 Oct 2019 at 07:07hrs | 230 | by Staff reporter
Mthuli tables ambitious revenue collection figures
TREASURY has tabled an ambitious $14 billion revenue collection target by year 2019, despite only collecting a paltry 35% of that figure in the first half of the year.Revenue collections for t...Published: 10 Oct 2019 at 06:45hrs | 2400 | by Staff reporter
Fifth TBs batch on the market
THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fifth batch of treasury bills (TBs), seeking to raise ZWL$150 million to finance Government programmes. Last week, RB...Published: 10 Oct 2019 at 06:43hrs | 148 | by Staff reporter
Thousands to lose stands in Bulawayo
THE Bulawayo City Council has given more than 2 000 property owners who have abandoned their assets or neglected to pay rates and develop their stands a final 30-day notice before the local authority ...Published: 06 Oct 2019 at 15:35hrs | 13241 | by Staff reporter
$500m TBs auction raises stink
The Zimbabwe government has for the past two months sought to raise $490 million via public Treasury Bills (TBs) auction to finance its activities with analysts warning the cash-strapped Treasury not ...Published: 03 Oct 2019 at 12:38hrs | 268 | by Staff reporter
Zimbabwe Fashion Showcase produces showstopper event as designers showcase the best of African design
LONDON: Zimbabwe Fashion Showcase has always been a place of effortless style, class and an overflow of talent, and this year was no different.The tradeshow, which ran under the theme #ThisIsA...Published: 03 Oct 2019 at 10:40hrs | 288 | by Tidi Kwidini
RBZ floats $300m additional TBs
THE Reserve Bank of Zimbabwe (RBZ) yesterday returned to the market with a fourth batch of treasury bills (TBs), this time seeking to raise ZWL$300 million to finance Government programmes. Th...Published: 03 Oct 2019 at 07:27hrs | 15 | by Staff reporter
Tobacco seed sales decline 20%
TOBACCO seed sales have declined by 20%, with the volumes being the lowest since 2015, a development that could see reduced hectarage of the crop next season, a Zimbabwe Tobacco Association (ZTA) repo...Published: 30 Sep 2019 at 16:57hrs | 87 | by Staff reporter
Zimbabwe to auction 500 000 carats
THE Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will conduct another diamond auction before the end of the year targeting to sell between 400 000 and 500 000 carats. A fortnight ...Published: 25 Sep 2019 at 06:45hrs | 350 | by Staff reporter
Former Phats & Small singer Ben Ofoedu to host Zimbabwe Fashion Showcase
LONDON: Musician and TV presenter, Ben Ofoedu will host this year's fashion showcase in London alongside Tidi Kwidini, organisers have announced.The show, titled #ThisIsAfrica is scheduled for...Published: 23 Sep 2019 at 14:03hrs | 133 | by Tidi Kwidini
Messenger of Court suspended
THE Justice ministry has suspended Chivi Messenger of Court Albert Meke Chamwadoro, who is facing allegations of fraud after minister Ziyambi Ziyambi roped in the Zimbabwe Anti-Corruption Commission (...Published: 18 Sep 2019 at 07:21hrs | 1018 | by Staff reporter
RBZ introduces US dollar savings bond
The Reserve Bank of Zimbabwe (RBZ) has brought to the market a United States dollar-denominated savings bond with an interest rate of 7,5 percent per annum to promote a savings culture among Zimbabwea...Published: 18 Sep 2019 at 06:44hrs | 3069 | by Staff reporter
Makhosini Hlongwane set to lose property over US$30 000 vehicle debt
FORMER Sport, Arts and Recreation Minister and Member of Parliament for Mberengwa East Makhosini Hlongwane's property is set to be auctioned over a debt of more than US$36 000 for a vehicle and asset ...Published: 12 Sep 2019 at 22:24hrs | 484 | by Staff reporter
Zim Dollar rates tumbles ahead of monitory policy
The Reserve Bank of Zimbabwe (RBZ) is expected to announce the Mid-Term Monitory Policy statement in the coming days. The market is not anticipating major changes to the country's economic fortunes fr...Published: 10 Sep 2019 at 06:47hrs | 10330 | by Victor Bhoroma
Mthuli Ncube: Fixing Mugabe's mess
Finance minister Mthuli Ncube may not have realised quite what he was letting himself in for when he took the job of Zimbabwe's Treasury boss in September last year.With his impeccable CV - he...Published: 08 Sep 2019 at 07:50hrs | 698 | by Financial Mail
Zimdollar rates tumble ahead of monetary policy
THE Reserve Bank of Zimbabwe (RBZ) is expected to announce the Mid-Term Monitory Policy statement in the coming days.The market is not anticipating major changes to the country's economic fort...Published: 06 Sep 2019 at 07:40hrs | 2718 | by Victor Bhoroma
Mugabe's former minister to lose property over $30,000 debt
FORMER Health deputy minister Edwin Muguti's property is set to go under the hammer after a Harare woman, Joyce Marko-Mushaninga, obtained a High Court order to force the Sheriff to auction his reside...Published: 05 Sep 2019 at 08:17hrs | 1625 | by Staff reporter
Reviewing Zimbabwe's austerity reforms
Zimbabwe launched its austerity measures under the Transitional Stabilization Programme (TSP) in October 2018. The stabilization programme itself is running from October 2018 to December 2020. Austeri...Published: 02 Sep 2019 at 09:37hrs | 3294 | by Victor Bhoroma
MDC property to be auctioned
A 150 square-metre stand belonging to the Nelson Chamisa led MDC will be sold on Friday the 30th of September over a $108 000 salary debt that the party owes a former employee called Sally Dura. ...Published: 27 Aug 2019 at 12:14hrs | 5926 | by Mandla Ndlovu
Mangudya's Treasury Bills get massive investor thumbs up
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it received offers amounting to double the ZWL$60 million it sought to raise through treasury bills (TBs) it put to tender last week. The cent...Published: 26 Aug 2019 at 06:56hrs | 2820 | by Staff reporter
The Christian attack against the native family and The Native Religion Beyond Jerusalem! Rome and London
"I have travelled across the length and breath of africa and I have not seen one person who is a beggar, who is a thief such wealth I have seen in this country such high moral values, people of ...Published: 25 Aug 2019 at 22:36hrs | 789 | by Reginald Thabani Gola
Business partner seeks dismissal of Mombeshora's property claim
HARARE businessman Tendai Jemwa has taken former Lands minister Douglas Mombeshora and his wife, Millicent, to court seeking dismissal of the couple's application in which they were seeking an order d...Published: 23 Aug 2019 at 07:41hrs | 287 | by Staff reporter
Govt floats $60m Treasury Bills
GOVERNMENT has floated Treasury Bills (TBs) valued at ZWL$60 million, the second auction in a month geared towards financing various programmes.In a communique yesterday, the Reserve Bank of Z...Published: 20 Aug 2019 at 08:00hrs | | by Staff Reporter
Bulawayo council to repossess stands
THE Bulawayo City Council has resolved to repossess 10 stands from individuals and companies while 15 home seekers who benefited from the Bulawayo City Council's Emhlangeni stands pre-sale scheme risk...Published: 09 Aug 2019 at 07:23hrs | 2119 | by Staff reporter
Mthuli Ncube's T-Bill auction oversubscribed
ZIMBABWE'S central bank said on Friday its first Treasury Bill auction in seven years, aimed at raising $3,25 million, was oversubscribed more than four times as the government started open market bor...Published: 05 Aug 2019 at 07:44hrs | 1094 | by Reuters
Businessman's conviction quashed
A Bulawayo High Court judge has quashed the conviction of a Binga businessman who was jailed for allegedly fishing in the Lake Kariba basin without a permit.Justice Nokuthula Moyo ruled that Binga...Published: 04 Aug 2019 at 14:24hrs | 1111 | by Staff reporter
'Economy in good stead for growth'
The reforms that have been instituted by Government since September last year to restore sound macro-economic fundamentals have placed the economy on a firm foundation to support sustainable recovery,...Published: 04 Aug 2019 at 10:04hrs | 158 | by STaff reporter
Mthuli Ncube, Mangudya should contend with being unpopular
Finance and Economic Development Minister Professor Mthuli Ncube on Thursday presented a $10,85 billion Supplementary Budget and the 2019 Mid-Term National Budget Review Statement. Themed; "Building a...Published: 03 Aug 2019 at 09:19hrs | 265 | by Staff reporter
Mthuli Ncube in USD$ 500 million scam
Finance and Economic Development Minister Mthuli Ncube has been sucked into a U SD$ 500 million scam involving Treasury Bills Professor Jonathan Moyo, a fugitive from justice, has alleged.Post...Published: 02 Aug 2019 at 13:18hrs | 8834 | by Mandla Ndlovu
War veterans' golf day set
ALL is set for the Zimbabwe National Liberation War Veterans' Association (ZNLWVA) Golf Day at the Harry Allen Golf Club tomorrow. The amateur tournament, dubbed "Let's Trade Guns for Golf Clu...Published: 02 Aug 2019 at 07:49hrs | 175 | by Staff reporter
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