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Kukura Kurerwa vehicles auctioned
Prominent public transport operator, Kukura Kurerwa Bus Company will have some of its vehicles auctioned at a liquidation auction sale, Bulawayo24 has learnt. The auction will be conducted on ...Published: 5 hrs ago | 3606 | by Mandla Ndlovu
The Miraculous Story of Tayambutswa
HARARE mayor Herbert Gomba on Tuesday evening said five-year-old Tayambutswa Mufudza, who miraculously survived a fall from the sixth floor of Trafalgar Court in Harare three years ago, will be among ...Published: 9 hrs ago | 1224 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 23 hrs ago | 2382 | by newZwire with The Source
James Makamba's multi-million SA home to be auctioned over debt
The luxury multi-million rand Johannesburg mansion of top Zimbabwean businessman James Makamba is to go under the hammer at the end of the month following an order of the court.Makamba, who is...Published: 07 Nov 2018 at 10:51hrs | 2707 | by Staff reporter
Prophet Makandiwa eyes Shamva Gold Mine
A CONSORTIUM believed to be fronting for United Family International Church (UFIC) leader Emmanuel Makandiwa is bidding to take over the distressed Shamva Gold Mine in Mashonaland Central province....Published: 07 Nov 2018 at 06:19hrs | 1808 | by Staff reporter
More trouble for Tsvangirai 'widow'
IT never rains but pours for Aqcuilinia Kayidza Pamberi, the woman who made headlines in 2011 for being involved in an alleged sexual relationship with the late MDC leader Morgan Tsvangirai.Ba...Published: 02 Nov 2018 at 06:19hrs | 4619 | by Staff reporter
MPs roast Mthuli Ncube over cars
FINANCE minister Mthuli Ncube was yesterday cornered by legislators who demanded that government immediately buys them vehicles which they are entitled to.Hurungwe East MP Ngoni Masenda (Zanu ...Published: 01 Nov 2018 at 05:48hrs | 2971 | by Staff reporter
How do small business loans work?
Owners of small businesses often need financial help to turn their dreams into reality. It could be to expand or that they need to buy extra equipment or more stock, or they would like to fund a marke...Published: 30 Oct 2018 at 16:06hrs | 1071 | by Staff Reporter
Gudyanga had shares in ZCDC, Parly told
FORMER Mines ministry secretary Francis Gudyanga and another unnamed individual used to own shares in the government-controlled Zimbabwe Consolidated Diamond Company (ZCDC), Parliament heard yesterday...Published: 24 Oct 2018 at 06:51hrs | 828 | by Staff reporter
Cars abandoned at garages
Zimbabwe's faltering economy is taking its toll on motorists who are abandoning their cars in garages for long periods due to lack of funds.Recently, Duly Trucks Motors released a statement no...Published: 15 Oct 2018 at 12:27hrs | 1606 | by Staff reporter
Privatisation deadline for parastatals
Government has given under-performing State-owned enterprises (SOEs) and parastatals it has earmarked for disposal - among them NetOne, TelOne and People's Own Savings Bank (POSB) - between six and ni...Published: 09 Oct 2018 at 06:40hrs | 468 | by Staff reporter
Yes, I bought a €4m Bugatti - Buyanga
Gift Phiri of the Daily News sits down for a wide-ranging interview with 39-year-old businessman Frank Buyanga. Find below excerpts of the interview.Q: I understand you commenced your entrepre...Published: 07 Oct 2018 at 19:36hrs | 6626 | by Staff reporter
Mthuli Ncube's monetary measures could stabilise currency, but drive inflation
THE monetary policy measures announced earlier this week could help strengthen currency and bring down parallel market rates as officially hoped. But they could also further undermine price stability ...Published: 05 Oct 2018 at 06:42hrs | 1989 | by Staff writer
Mthuli Ncube to issue infrastructure bonds
GOVERNMENT plans to scale down on Treasury Bill (TB) issuance to make way for longer-term debt instruments and issue infrastructure bonds in this quarter, Finance minister Mthuli Ncube revealed on Mon...Published: 03 Oct 2018 at 07:31hrs | 2418 | by Staff reporter
Govt to increase number of teachers' training colleges - Murwira
THE MINISTER of Higher and Tertiary Education Science and Technological Development Amon Murwira has said the government will increase the number of teachers training colleges in the country so as to ...Published: 03 Oct 2018 at 07:29hrs | 459 | by Stephen Jakes
Zimbabwe unveils online diamond sales system
In a bid to promote transparency and the ease of doing business, diamond auctions will now be done through an online system and superintended upon by a software, Mines and Mining Development Minister ...Published: 03 Oct 2018 at 07:13hrs | 403 | by Staff reporter
Monetary Policy and Fiscal measures a toxic concoction
Two grown men teamed up to accelerate and exacerbate the already unpalatable suffering of the Zimbabwean people. Zimbabweans who have lost all but hope tuned into different media platforms expecting r...Published: 02 Oct 2018 at 16:45hrs | 2653 | by Jacob Mafume MDC National Spokesperson
'Mthuli Ncube has de-dollarised the economy'
THE ZIMBABWE National Chamber of Commerce (ZNCC) says by introducing a separate account for foreign currency through the monetary policy statement yesterday, the central bank has finally de-dollarised...Published: 02 Oct 2018 at 09:43hrs | 1484 | by Staff reporter
RBZ announces FCA return, more monetary reforms
The Reserve Bank of Zimbabwe (RBZ) has reintroduced foreign currency accounts (FCA) in a move expected to renew Zimbabweans' interest in depositing hard cash in the banks, deal with the illegal foreig...Published: 01 Oct 2018 at 21:35hrs | 1780 | by Staff reporter
RBZ boss faces reality check
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya today finds himself literally skirting on thin ice as he presents his first post-election monetary policy statement with all sectors of the econom...Published: 01 Oct 2018 at 06:52hrs | 1512 | by Staff reporter
MDC Alliance council's grand corruption, shady deals exposed
Corruption and bad governance are rife at Gweru City Council (GCC) and its management has no problem admitting that, albeit behind closed doors.This publication, working in collaboration with ...Published: 23 Sep 2018 at 15:20hrs | 1781 | by Staff reporter
Exchange rate of US Dollar passes 100%
MDC Alliance official Discent Collins Bajila has claimed that the rate of exchange of US$ to Bank transfer in Zimbabwe has reached +100%.He said this means that if one have US$100 hard cash an...Published: 21 Sep 2018 at 07:06hrs | 6870 | by Stephen Jakes
Zimbabwe resumes diamond sales
ZIMBABWE has resumed diamond sales and hopes to build a sustainable market following the merger of diamond companies which operated in Chiadzwa under a State-owned company called Zimbabwe Consolidated...Published: 20 Sep 2018 at 07:01hrs | 543 | by Staff reporter
Chamisa's Bulawayo deputy Mayor a convicted thief
NEWLY-elected Bulawayo Deputy Mayor Tinashe Kambarami is a convicted thief who was fined by a court for stealing an electrical extension cord, it has emerged. According to court records, Kamba...Published: 13 Sep 2018 at 06:22hrs | 855 | by Staff reporter
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 condu...Published: 10 Sep 2018 at 06:29hrs | 529 | by Staff reporter
New-elected Bulawayo councillor sinks in debt
BULAWAYO's newly-elected ward three councillor, Tinashe Kambarami (MDC Alliance) has been taken to court over an $11 000 debt owed to the National Railways of Zimbabwe Contributory Fund (NRZCPF)....Published: 04 Sep 2018 at 06:48hrs | 876 | by Staff reporter
Chiwenga's father-in law sues Dembare for $247 000
Former Dynamos president, Keni Mubaiwa's firm, KM Auctions (Pvt) Ltd, has petitioned the High Court seeking an order to compel Dynamos Football Club (Pvt) Ltd to pay him $247 503 plus costs of suit af...Published: 04 Sep 2018 at 06:39hrs | 487 | by Staff reporter
Bulawayo man takes Sedco to court
A Bulawayo resident, Mandlenkosi Ndlovu, has filed a chamber application for leave to file a Constitutional Court application, challenging the constitutionality of the Small Enterprises Development Co...Published: 02 Sep 2018 at 09:28hrs | 286 | by Staff reporter
Mugabe's property attached over debt
Former Zimbabwe National Road Administration (Zinara) boss Albert Mugabe has petitioned the court, seeking an order for stay of execution after his property was attached by the Sheriff of the High Cou...Published: 30 Aug 2018 at 06:22hrs | 911 | by Staff reporter
Newly elected MDC Alliance councillor faces civil imprisonment
NEWLY elected MDC Alliance councillor for Ward Three and aspiring Bulawayo deputy mayor Mr Tinashe Kambarami has been issued with summons for civil imprisonment over a debt of nearly $40 000 in unpaid...Published: 28 Aug 2018 at 08:54hrs | 2391 | by Staff Reporter
Zimbabwean breaks SA wine auction record
A ZIMBABWEAN winemaker, Joseph Dhafana, has broken the wine auction record in South Africa after he auctioned a box of six Mosi Wines for R16 000.The wines that were made by him were auctioned...Published: 18 Aug 2018 at 07:57hrs | 330 | by Staff reporter
Ex-Zanu-PF official to lose house
Former Zanu-PF member Noah Mangondo is set to lose a house after failing to pay money owed to Agribank.According to a notice published by Choruma Marias Valuation and Estates Executives (Priva...Published: 16 Aug 2018 at 14:08hrs | 1938 | by Staff reporter
Zimra conducts Customs Rummage Sale
Zimbabwe Revenue Authority (Zimra) is set to auction confiscated goods and those seized for flouting various customs regulations next week.This comes after the Authority's Commissioner-General...Published: 07 Aug 2018 at 13:22hrs | 1432 | by Staff reporter
'Heavy tax on beef'
ZIMBABWE'S beef industry is heavily taxed and Government needs to review downwards, streamline compliance costs to create room for growth in the sector and enable livestock farmers to realise high ear...Published: 02 Aug 2018 at 07:29hrs | 541 | by Staff reporter
Matabeleland bull fetches $24 000
WHOEVER coined the idiom "laughing all the way to the bank" might have probably had one of Matabeleland region and the country's best cattle rancher and stud breeder, Dr Themba Dlodlo of Nguni Brahman...Published: 29 Jul 2018 at 10:15hrs | 553 | 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 l...Published: 26 Jul 2018 at 07:06hrs | 2102 | by Staff reporter
Whites encouraged by Mnangagwa
President Emmerson Mnangagwa on Saturday assured Zimbabwe's white farmers that their land will not be taken, calling on them to work together with the government ahead of landmark elections on July 30...Published: 22 Jul 2018 at 16:53hrs | 2378 | by AFP
Prophet Makandiwa 'mansion' up for auction
A MANSION at the centre of a US$6,5 million lawsuit filed by businessman Upenyu Mashangwa against United Family International Church (UFIC) leader Prophet Emmanuel Makandiwa is set to be auctioned....Published: 16 Jul 2018 at 16:16hrs | 5440 | by Staff reporter
Revealed: Why Chamisa has never named a vice-presidential candidate
Does anyone else think it is strange that someone who wants to be the next President of the Republic of Zimbabwe has not named a running mate or a Vice-President pick?However, those who have b...Published: 15 Jul 2018 at 09:56hrs | 6773 | by Anthony Mkondo
Chamisa-led MDC-T to lose property worth $665 000?
THE Nelson Chamisa-led MDC-T could lose property worth over $665 000 after the Labour Court ruled that it unfairly dismissed 17 employees and must pay damages. Labour Court judge Justice Betty...Published: 13 Jul 2018 at 07:04hrs | 230 | by Staff reporter
ZANU PF to mortgage the education sector
The much hyped Presidential indaba on education sector turned out to be a big joke in a preparatory meeting held today at Ambassador House. The meeting was chaired by the permanent Secretary in the Mi...Published: 09 Jul 2018 at 18:42hrs | 2054 | by ARTUZ
Mnangagwa takes campaign to Gokwe
President Mnangagwa is expected to tour the Cotton Company of Zimbabwe depot at Gokwe Centre today as he pursues his economic recovery vision, and then to address Zanu-PF supporters as part of his ele...Published: 06 Jul 2018 at 07:04hrs | 335 | by Staff reporter
Mnangagwa's nephew named in land scam
PRESIDENT Emmerson Mnangagwa's nephew, Tongai, has been accused of illegally parcelling out council land to desperate home-seekers as a vote-buying gimmick.Tongai controversially won the Zanu ...Published: 03 Jul 2018 at 07:24hrs | 1685 | by Staff reporter
SA singers miss flight for Zim concert
SOUTH Africa-based gospel musicians Takesure Zamar Ncube and Mkhululi Bhebhe failed to fly into the country for fellow singer Temba "Tembalami" Tagwirei's The Fight live DVD recording on Saturday at 7...Published: 02 Jul 2018 at 07:57hrs | 707 | by Staff reporter
Was abandoning of structural adjustment export wise?
THE political economy of misunderstood patriotism and sovereignty led the old political dispensation and former Government to abandon the structural adjustment export-driven economic model that ...Published: 01 Jul 2018 at 08:14hrs | 45 | by Bongani Ngwenya
Chatunga's butchery business collapses
Former president Robert Mugabe's son, Chatunga Bellarmine, is set to lose property after failing to pay rentals for his butchery in Chitungwiza.A writ of execution has since been issued for th...Published: 29 Jun 2018 at 15:37hrs | 3308 | by Staff reporter
Chatunga's property auctioned
Former president Robert Mugabe's son, Chatunga, is set to lose property after failing to pay rentals for his butchery in Chitungwiza. A writ of execution has since been issued for the attachme...Published: 29 Jun 2018 at 08:09hrs | 7221 | by Staff reporter
Terrorism won't stop elections, says Chiwenga
ACTING President Constantino Chiwenga yesterday urged Zimbabweans to remain vigilant in the face of the terror attack at White City Stadium in Bulawayo on Saturday and reiterated that the country was ...Published: 29 Jun 2018 at 07:21hrs | 80 | by Staff reporter
Police sabotaging residents
Serious sabotage by Mvurwi police station has been witnessed by residents since the ushering in of the new era.Last night two robberies reportedly occurred in Mvurwi where a tobacco farmer was...Published: 24 Jun 2018 at 08:24hrs | 1438 | by Simbarashe Sithole
Econet payroll moved to Ecocash
ECONET Wireless Zimbabwe has started paying its staff through EcoCash in what the telecommunications giant says is to spare its employees from the hassle of spending time in bank queues.In a s...Published: 21 Jun 2018 at 07:02hrs | 1298 | by Staff reporter
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