Bulawayo24 News - Skyes! "it makes perfect sense"

Cecil the Lion's legacy, a decade of debate

A decade after the killing of Cecil the lion ignited global outrage and placed Zimbabwe's trophy hunting industry under the spotlight, the country remains at the centre of a complex debate pitting international animal rights activism again…

Published: 26 Jul 2025 at 11:30hrs | 336 | by Staff reporter

Bull fetches US$40,000 at auction in Zimbabwe

A prized Brahman bull sold for an astonishing US$40,000 at the 57th National Breed Sale held yesterday at CC Sales in Mt Hampden, just outside Harare - setting the benchmark as the highest-priced animal at this year's elite livestock showc…

Published: 26 Jul 2025 at 11:29hrs | 588 | by Staff reporter

Tobacco exports reach US$381 million

Zimbabwe has earned US$381 million from tobacco exports so far this year, as the country intensifies efforts to increase value addition and beneficiation in its lucrative tobacco sector.According to the latest figures from the Tobacco Indu…

Published: 03 Jun 2025 at 09:27hrs | 88 | by Staff reporter

Lifeline for Harare executives over retirement age extension

The recent Government decision to extend the official retirement age from 65 to 70 years has come as a major reprieve for top executives at Harare City Council who were due to retire this year, including acting town clerk Engineer Phakamil…

Published: 24 May 2025 at 11:04hrs | 509 | by Staff reporter

First-ever Matebeleland South tobacco auction opens

In a major milestone for Matebeleland South's agricultural sector, the first-ever Naturally Cured Virginia (NCV) tobacco auction floor has opened in Marula, Mangwe District. The historic development marks a turning point in decentralising …

Published: 24 May 2025 at 11:04hrs | 595 | by Staff reporter

Zimbabwe tobacco auction season opens with 36.8% decline in sales

The first day of full-scale tobacco auctioning for the 2025 season began on Thursday, with a notable decline in the quantity of tobacco sold, marking a 36.8% drop compared to the same day in 2024. Experts attribute the decline to the norma…

Published: 07 Mar 2025 at 08:25hrs | 353 | by Staff reporter

Mafume's 'house' turns out to be vehicle auction site

A dramatic turn of events unfolded in Greendale, Harare, as the Justice Maphios Cheda-led Commission of Inquiry temporarily adjourned Mayor Jacob Mafume's testimony to conduct an onsite inspection at a property he had earlier claimed to be…

Published: 05 Feb 2025 at 13:08hrs | 701 | by Staff reporter

Zimra auctions off goods, 'seizes' them

The Zimbabwe Revenue Authority (Zimra) at Beitbridge has seized a consignment of alcoholic beverages worth US$84,741.58â€”despite having previously sold it to a successful bidder at an auction just days earlier.The consignment, which inclu…

Published: 31 Dec 2024 at 13:48hrs | 193 | by Staff reporter

NRZ to auction scrap wagons and passenger coaches across Zimbabwe

The National Railways of Zimbabwe (NRZ) has announced plans to dispose of 422 scrap wagons and several decades-old passenger coaches, located in Bulawayo, Harare, and other sites across the country. The disposal process will include variou…

Published: 17 Dec 2024 at 06:33hrs | 1468 | by Staff reporter

NetOne duped US$133,000 by auction dealer

Jeffery Mubaiwa, the director of JEFFM Auctions, appeared before Harare magistrate Apollonia Marutya on Thursday, facing charges of fraud after allegedly defrauding mobile network operator NetOne Private Limited of US$133,000.Mubaiwa (47) …

Published: 30 Nov 2024 at 13:03hrs | 78 | by Staff reporter

Zimbabwe tobacco auction floors open in March

The Tobacco Industry and Marketing Board (TIMB) has said auction floors are set to open next month encouraging tobacco stakeholders to fully utilise the TIMB booking system. In a notice to stakeholders, TIMB said "All stakeholders are…

Published: 08 Feb 2024 at 04:53hrs | 38 | by Staff reporter

Zimdollar maintains stable range on RBZ Auction, parallel market

The Zimbabwean dollar has maintained a stable range on both the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction and the parallel market platforms in recent weeks, according to a trading update. The official exchange rate depreciate…

Published: 23 Nov 2023 at 05:45hrs | 2 | by Staff reporter

Zimdollar weakens by 0.75%

The Zimbabwean dollar (ZWL) experienced a slight 0.75% depreciation on the Reserve Bank of Zimbabwe's (RBZ) Foreign Exchange Auction this week. This was due to a substantial allocation of foreign currency to the country's key economic prod…

Published: 11 Oct 2023 at 06:30hrs | 37 | by Staff reporter

Mnangagwa to abandon RBZ's forex auction system?

President Emmerson Mnangagwa has hinted the Dutch forex auction floor system, which is under the control of the Reserve Bank of Zimbabwe, could be scrapped since it has served its purpose.The move comes after industry put pressure on the g…

Published: 29 Jul 2023 at 12:46hrs | 10 | by Staff reporter

Zimdollar in first time gain on RBZ Auction

THE ZW$ value firmed up by 8,6% on the Reserve Bank of Zimbabwe Auction platform , signalling improved widespread usage of the local currency on the back of the economy's swift response to economic measures employed by the Treasury recentl…

Published: 28 Jun 2023 at 20:27hrs | 2 | by Staff reporter

Zimdollar takes a heavy knock on RBZ Auction

THE Zimdollar tumbled by 43% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction market effectively closing the parallel market gap which had become a source for market arbitrage in recent weeks.A trading update released at the …

Published: 06 Jun 2023 at 17:58hrs | 4 | by Staff reporter

Tobacco auction floors open tomorrow

Tobacco farmers have started delivering their crop ahead of the marketing season which opens tomorrow at auction floors with the official ceremony at Tobacco Sales Floor.Deliveries for the far larger contract crop starts on Thursday, a day…

Published: 07 Mar 2023 at 05:23hrs | | by Staff reporter

Zimdollar official rate converges with black market premium on RBZ Auction

THE Zimdollar official exchange rate has converged with the parallel market premiums while at the same time falling within internationally acceptable margins the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction latest results have r…

Published: 15 Feb 2023 at 05:04hrs | | by Staff reporter

Staff exodus hits State universities

A MASSIVE brain drain has hit the country's  State universities with lecturers leaving the country in droves in protest over poor salaries, NewsDay Weekender has learnt.Great Zimbabwe University (GZU) has lost 50 lecturers since Janua…

Published: 07 Nov 2022 at 05:30hrs | 1 | by Staff reporter

50 cars face Zimra auction

THE Zimbabwe Revenue Authority (Zimra) yesterday announced plans to sell nearly 50 impounded and unclaimed vehicles including top-of-the range models that have been stuck at its depots for as much as 13 years.In a latest government gazette…

Published: 07 Nov 2022 at 05:30hrs | 2 | by Staff reporter

NRZ auctions disused wagons, obsolete material

THE National Railways of Zimbabwe (NRZ) will this week auction its disused wagons and other obsolete metals, which have become uneconomic to repair due to various reasons including accidents.The parastatal has engaged Desired Liaison Aucti…

Published: 07 Nov 2022 at 05:26hrs | 2 | by Staff reporter

Zimdollar depreciates by 5, 8% on the RBZ Foreign Exchange Auction

THE Zimdollar value has depreciated by 5, 8% against the greenback on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction.Market watchers believe the development is a positive step which is slowly moving to close the gap set by the…

Published: 23 Aug 2022 at 19:49hrs | 3 | by Staff reporter

RBZ auction rate reaches $258

The auction rate, the weighted average of successful bids on the Reserve Bank of Zimbabwe foreign currency auction for productive businesses, fell from $173,2685 to the US dollar last week to $258,5404 yesterday.The interbank rate, which i…

Published: 18 May 2022 at 06:18hrs | 2 | by Staff reporter

Zimbabwe's tobacco auction floors ready for opening

Tobacco auction floors are ready for the opening of the marketing season on March 30. Farmers are expected to start delivering the crop next Wednesday. Yesterday, all the three auction floors; Tobacco Sales Floor, Boka Tobacco Floors and P…

Published: 18 Mar 2022 at 05:26hrs | 27 | by Staff reporter

Forex auction market a perfect looting front for the connected

BUSINESSES finally had enough and told the Reserve Bank governor John Mangudya that the Zimbabwe dollar was done as a sustainable currency. They do not want it.Last Wednesday, at a review of the 2022 monetary policy statement hosted by the…

Published: 14 Feb 2022 at 05:29hrs | 2 | by Staff reporter

CZI urges RBZ to fine tune auction

The Confederation of Zimbabwe Industries (CZI) says the Reserve Bank of Zimbabwe (RBZ) should only sell foreign currency that it has already received to avoid creating backlogs from auctioning unrealised funds.In its 2021 inflation and cur…

Published: 03 Feb 2022 at 05:34hrs | | by Staff reporter

RBZ resumes forex auction

THE weekly Foreign Currency Auction Trading System resumed activity this Tuesday after the festive season break with the Zimbabwe dollar trading at 112,82 against the United States dollar.The Reserve Bank of Zimbabwe (RBZ) closed the aucti…

Published: 20 Jan 2022 at 05:33hrs | | by Staff reporter

Zimdollar tanks as RBZ forex auction resumes

THE weekly Foreign Currency Auction Trading System resumed activity yesterday after the festive season break with the Zimbabwe dollar trading at 112,82 against the United States dollar.The Reserve Bank of Zimbabwe (RBZ) closed the auctioni…

Published: 19 Jan 2022 at 19:57hrs | | by Staff reporter

'Central Banks' run auction system elitist'

CONSUMER rights groups and residents associations' dismissed the Central Banks' run auction system as elitist, and not serving the ordinary men on the street.They appealed to the authorities to reconsider and restructure the system to bene…

Published: 16 Jan 2022 at 09:00hrs | 4 | by Staff reporter

Rogues wreak havoc on forex auction, says RBZ

ZIMBABWE'S foreign currency auction system is under siege from a cartel of rogue local and international companies externalising millions of United States dollars (USD) under a well-orchestrated scheme that monetary authorities have equate…

Published: 07 Jan 2022 at 19:40hrs | 11 | by Staff reporter

Residents outraged as council auctions bus for ZW$20 000

MASVINGO residents are up in arms with the city council after the local authority sold a functioning bus for a paltry ZW$20 000 at an auction which was held without their knowledge.The 75-seater AVM bus, which was used by council to ferry …

Published: 12 Dec 2021 at 20:19hrs | 7 | by Staff reporter

Reserve Bank of Zimbabwe makes headway in clearing auction backlog

THE Reserve Bank of Zimbabwe (RBZ) has made progress in clearing the auction allotments backlog while monetary policy decisions instituted recently have helped to stabilise the exchange rate and prices, the Monetary Policy Committee (MPC) …

Published: 12 Dec 2021 at 19:57hrs | 7 | by Staff reporter

Govt to ban firms from forex auctions over 'rampant abuse'

ZIMBABWE has threatened to ban traders from the country's foreign-exchange auction platform for exploiting the gap between black-market and official currency prices.Authorities are dealing with an underground phenomenon that has the potent…

Published: 06 Jun 2021 at 17:48hrs | | by Bloomberg

Zimra to auction smugglers' vehicles

THE Zimbabwe Revenue Authority (Zimra) has resolved to sell impounded vehicles used to transport smuggled goods in and out of the country as the entity escalates its fight against corruption.In her revenue performance report for the first …

Published: 02 May 2021 at 18:32hrs | 3 | by Staff reporter

RBZ to blacklist auction forex abusers

Importers that do not acquit bills of entry to prove proper use of foreign currency from the auction system shall be blacklisted, according to Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya.The central bank chief told The Sunday …

Published: 02 May 2021 at 08:50hrs | 1 | by Staff reporter

Market welcomes forex auction relaxation

THE Reserve Bank of Zimbabwe has begun selling foreign currency to registered bureau de change to improve the accessibility of forex for small businesses."Pursuant to the resolution of the monetary policy committee directing bureaux de cha…

Published: 23 Apr 2021 at 07:24hrs | | by Staff reporter

Biti's pessimism over RBZ forex auction defied by listed companies

LISTED companies reporting their latest financials have effectively defied claims made by former finance minister, Tendai Biti the Reserve Bank of Zimbabwe foreign exchange auction system was a rigged platform.Biti is on record as saying t…

Published: 21 Apr 2021 at 06:59hrs | 2 | by Staff reporter

Tobacco production target raised to 300 million kgs

The new tobacco selling season opened yesterday with Government hoping that the industry cannot just survive at present levels but raise production to 300 million kilogrammes annually through the implementation of the Tobacco Value Chain T…

Published: 08 Apr 2021 at 08:38hrs | 1 | by Staff reporter

800 companies benefit from Foreign Currency Auction

Close to 800 companies have benefited from the weekly Foreign Currency Auction Trading System where a total of US$639,5 million has been allotted since the introduction of the platform in June last year.  The Reserve Bank of Zimbabwe …

Published: 25 Mar 2021 at 05:36hrs | 2 | by Staff reporter

Corrupt firms banned from the forex auction

GOVERNMENT has suspended 12 companies allegedly involved in transfer pricing from the foreign exchange auction system on suspicion they channel part of the funds from the auction to the parallel market.The malfeasance was exposed following…

Published: 05 Mar 2021 at 06:36hrs | 1 | by Staff reporter

Conversations must go beyond the forex auction and focus on production

Driving through Zimbabwe's once vibrant industrial hubs in Belmont (Bulawayo), Paulington (Mutare), Southerton, Graniteside, Working, Msasa (all in Harare), and elsewhere, one gets the sense that the country is burdened by white elephants.…

Published: 28 Jan 2021 at 22:06hrs | 13 | by Andrew Lampard

Forex auction system has failed, claims Mashakada

THE forex auction system introduced by the Reserve Bank of Zimbabwe in June this year to contain the black market and stabilise the economy has been a major failure and will not achieve targeted results, a former Cabinet minister has said.…

Published: 28 Aug 2020 at 19:37hrs | 3 | by Staff reporter

Police to auction lost property

THE Zimbabwe Republic Police (ZRP) is tomorrow set to auction unclaimed property in Harare.In a notice, KM Auctions said it has been instructed by the ZRP to auction property which includes, bicycles, clothing, televisions, laptops, radios…

Published: 02 Apr 2019 at 13:33hrs | 1 | by Staff reporter

Mugabe's ex-deputy minister's house auctioned off

Former Health and Child Care deputy minister Edwin Muguti is set to lose his house over rental arrears owed to Joyce Mako-Mashaninga.Last year, the court handed a default judgment after Muguti failed to defend Mako-Mushaninga's suit after …

Published: 18 Mar 2019 at 13:46hrs | 1 | by Staff reporter

Auctions boom in Zimbabwe as economic woe takes its toll

Auction companies are booming in Zimbabwe as companies and individuals â€“ including Tongaat Hulett CEO Sydney Mutsambiwa and Mzi Khumalo's Metallon Corporation â€“ default on loan payments or other financial obligations.The booming auctio…

Published: 03 Dec 2018 at 08:28hrs | 1 | by Staff repirter

Zimbabwe resumes diamond auction

Zimbabwe resumed diamond auction last week, but attracted fewer international buyers than expected, the Minerals and Marketing Corporation of Zimbabwe said. The auction - the third to be conducted this year - attracted 32 buyers mainly fro…

Published: 10 Sep 2018 at 06:29hrs | | by Staff reporter

Bull sold for $24,000 at livestock auction

ZIMBABWE's annual premier breeding livestock auction, National Bull Sale, saw the price for the most expensive beast in the bulls category vault 195 percent to $24 000 up from the $8 400 recorded at last years edition. There was high turno…

Published: 26 Jul 2018 at 07:06hrs | 2 | by Staff reporter

Heath Streak's IPL shirt auctioned for $1 000

BUSINESSMAN, Zak Hawa bought former Zimbabwe Cricket (ZC) coach, Heath Streak's jersey from Indian Premier League (IPL) Kolkata Knight Riders for $1 000 at an auction at a private function on Monday night.The funds are to be channelled tow…

Published: 06 Jun 2018 at 07:16hrs | 21 | by Staff reporter

Mnangagwa's necktie sold for $15,000

President Emmerson Mnangagwa's necktie was sold for a whopping $15,000 in a surprise auction at the CEO Africa Round Table in Victoria.He was later handed over a Donald Trump campaign tie to replace the one that had been auctioned as a sym…

Published: 15 Mar 2018 at 15:58hrs | | by Staff reporter

BCC abandons property auctions

THE Bulawayo City Council (BCC) has abandoned its confrontational approach towards recovering over $170 million owed by residents, in favour of a conciliatory approach where payment plans are made.BCC, which had proposed auctioning propert…

Published: 09 Jan 2018 at 05:57hrs | | by Staff reporter

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Hichilema to make State Visit to Zimbabwe

Air Zim, NHS scoop tourism awards

Maimane calls on SA to hold Zanu-PF accountable

E.D. Mnangagwa road to close for sewer works

Armed forces and HIV infections

Vendor goes blind after stealing potatoes

Convict escapes prison, arrested in less than 12 hours

Pharmacist sues CID officers for malicious arrest

Manicaland councils in disarray

Tourism Minister's Stance on Robots in Hotels Sparks Interest

Private parts rip-off attempt, condom wearing delay rescues rape victim

Mnangagwa's Zimbabwe: Speak out, get jailed

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RBZ's FIU goes after car dealerships

Mudenda blames opposition for sanctions

Zimbabwe's soccer nepotism falls to Mozambique

418 000 pupils to sit for grade 7 exams

Zanu-PF Bulawayo backs Mnangagwa beyond 2028

Spike in complaints over fake products

Erectile dysfunction man axes father to death

Warriors fans call for Nees' dismissal

Hichilema to make State visit to Zimbabwe

China man jailed for rhino horn dealings

Warriors fans call for Nees' dismissal

Man jailed for insulting Mnangagwa, Chiwenga and their mothers

Ian Smith never named anything after himself – why then are Zimbabwe leaders so insecure and desperate for self-glorification?

Murder suspects nabbed in Zambia

Zimbabwe to freeze civil service hiring in 2026

'Operation Dudula is a group of thugs,' says Malema

Businessman shoots wife dead, commits suicide

Illegal private schools get 4 months to comply or face closure

Redcliff plans CBD relocation

Munhumutapa day is not a public holiday

Shurugwi Town Council proposes 10km radius expansion

Zimbabweans in the eye of the SA immigration storm

Zimbabwean academic joins Sacomm executive

Advocate Thabani Mpofu wins at the Supreme Court again

India dumps US Treasury bills

Coltart appears opposed to slashing of parking charges

South African men can now adopt wives' surnames

Jonas Kasamba misses Sanganai/Hlanganani special night

Nyamapanda immigration boss arrested

Elvis Moyo stripped of EFC heavyweight title

Treasury cracks down on budget overruns

Zifa to decide Nees fate

Provincial education director in BSPZ funds scandal

Holy Ten apologises to Mnangagwa, checks into rehab

Elon Musk toppled as world's richest man

2 Zimbabwe immigration officers arrested over visa fraud

InDrive driver loses vehicle in armed robbery

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