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ZRA to conduct leakage test on Kariba Dam plunge pool
The Zambezi River Authority (ZRA) has announced that a controlled leakage test on Sluice 3 at Kariba Dam will take place on 2 July 2025, marking a critical milestone in the ongoing Kariba Dam Rehabili...Published: 14 hrs ago | 244 | by Staff reporter
Stanbic Bank Zimbabwe, MSU unveils scholarship programme
Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...Published: 19 hrs ago | 196 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 20 hrs ago | 118 | by Brighton Musonza
Legislating patriotism will never silence Zimbabwe's real patriots
The circus of Zimbabwe continues!Once again, we find ourselves witnessing the familiar theatrics of excitable ZANU PF legislators, now feverishly pushing for the enactment of a so-called "Nati...Published: 21 hrs ago | 75 | by Tendai Ruben Mbofana
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 23 hrs ago | 121 | by Staff reporter
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 24 hrs ago | 407 | by Staff reporter
Zimbabweans fume over 'extortionate' car duty valuations
A promotional campaign by the Zimbabwe Revenue Authority (ZIMRA), launched on June 29, 2025, to encourage voluntary compliance among vehicle owners has ignited widespread public outrage. Instead of fo...Published: 30 Jun 2025 at 13:18hrs | 3479 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 108 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2074 | by Staff reporter
Zimbabwe's monthly inflation eases to 0.3%
Zimbabwe's month-on-month inflation rate eased to 0.3% in June 2025, shedding 0.6 percentage points from the May figure of 0.9%, according to data released by the Zimbabwe National Statistics Agency (...Published: 30 Jun 2025 at 09:03hrs | 163 | by Staff reporter
Greedy mine quartet jailed for robbery
Four casual mine workers have learnt that their quest to grasp all, landed them into losing all liberties or joy for spending shares of daily mining proceeds after Matebeleland South Provincial Magist...Published: 29 Jun 2025 at 18:15hrs | 226 | by Gideon Madzikatidze/Simbarashe Sithole in Kezi
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 185 | by Staff reporter
Zimbabwe's ZiG annual inflation rate surges to 92,5%
Zimbabwe's local currency, Zimbabwe Gold (ZiG or ZWG), recorded a sharp annual inflation surge of 92.5% in June 2025, up by 0.4 percentage points from May, according to the latest data released by the...Published: 28 Jun 2025 at 15:17hrs | 193 | by Staff reporter
Harare man in trouble over US$11,000 visa scam
A 36-year-old Harare man, Crispen Zhou, appeared in court this week facing two counts of fraud and charges related to the Money Laundering and Proceeds of Crime Act after allegedly duping two victims ...Published: 28 Jun 2025 at 14:49hrs | 132 | by Staff reporter
Mangudya calls for equitable IMF fund disbursements
Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...Published: 28 Jun 2025 at 14:44hrs | 68 | by Staff reporter
Zimbabwe bank heist now treated as attempted robbery
What was initially reported as a major armed robbery in Mt Darwin, in which US$700,000 and 2.4 kilogrammes of gold were allegedly stolen, is now being treated as an attempted robbery, the Zimbabwe Rep...Published: 27 Jun 2025 at 19:47hrs | 1619 | by Staff reporter
Zimbabwe banks process R6bn via regional payment systems
Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, mar...Published: 27 Jun 2025 at 18:32hrs | 278 | by Staff reporter
Zimbabwe central bank increases ZiG liquidity to ZWG2bn
The Reserve Bank of Zimbabwe (RBZ) has raised the daily Zimbabwe Gold (ZiG) liquidity in the market from ZWG1.5 billion to ZWG2 billion in a move aimed at easing concerns over currency shortages and b...Published: 27 Jun 2025 at 18:25hrs | 1460 | by Staff reporter
Robbery cases increasing across Zimbabwe
A surge in violent armed robberies has gripped Zimbabwe, with police confirming two major heists in Mt Darwin and Bulawayo that have left authorities scrambling to track down suspects behind the braze...Published: 27 Jun 2025 at 18:22hrs | 264 | by Staff reporter
Chiwenga condemns corrupt businesspeople
Vice President Dr. Constantino Chiwenga has issued a strong condemnation of corrupt businesspeople operating without traceable capital or legitimate enterprises, describing them as a serious threat to...Published: 26 Jun 2025 at 17:29hrs | 1638 | by Staff reporter
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1579 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1683 | by Staff reporter
Harare's 'cursed' office
The office of the Town Clerk at Harare City Council has long been mired in controversy, corruption scandals, and political infighting, leading to widespread mismanagement and plunder of council resour...Published: 26 Jun 2025 at 11:19hrs | 657 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 636 | by Staff reporter
David Coltart: handsome Matabele warrior with brains
I must confess, I feel jealous whenever I see the Mayor of Bulawayo, David Coltart in his Matabele traditional regalia. The man looks more handsome especially when he is wearing his head gear (umqhele...Published: 25 Jun 2025 at 11:12hrs | 793 | by Israel Dube
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 276 | by Tendai Ruben Mbofana
SADC pushes for education reform to spur industry
Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...Published: 24 Jun 2025 at 10:25hrs | 81 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 348 | by Tendai Ruben Mbofana
Musarara facing possible suspension from Zanu-PF
Senior Zanu-PF member Tafadzwa Musarara is facing possible suspension amid renewed factional battles within Mashonaland Central province, sources say. The provincial party leadership is reportedly orc...Published: 23 Jun 2025 at 11:00hrs | 239 | by Staff reporter
3 Zimbabweans arrested for investment fraud in India
Kolkata Police arrested three Zimbabwean nationals - Tinashe Gadzikwa Praise (22), Malvern Matungamire (25), and Nyamhunga Lenon Kudakwashe (23) - from separate apartments in Mohali's Kharar area, Pun...Published: 23 Jun 2025 at 10:59hrs | 277 | by Staff reporter
Ex-Member of Parliament threatens suicide
Former Citizens Coalition for Change (CCC) Member of Parliament Obert Manduna has been arrested as the Zimbabwe Anti-Corruption Commission (ZACC) intensifies its investigation into a high-profile frau...Published: 23 Jun 2025 at 10:31hrs | 457 | by Staff reporter
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
Auditor General flags deep financial mismanagement at CAAZ
The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...Published: 22 Jun 2025 at 09:05hrs | 114 | by Staff reporter
Bulawayo dam deal will leave ratepayers drowning in bills
A $126 million plan to construct the Glass Block Dam in the Umzingwane catchment area could finally provide relief for Bulawayo's persistent water shortages. However, the project's private financing m...Published: 21 Jun 2025 at 09:49hrs | 338 | by Staff reporter
Former soldier loses pension in fraud scheme by ex-colleague
A former Zimbabwe National Army (ZNA) member, Forward Mapfunde of Warren Park D in Harare, is counting significant losses after his pension funds were fraudulently stolen by a former colleague who ret...Published: 21 Jun 2025 at 09:48hrs | 254 | by Staff reporter
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 115 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 150 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 485 | by Staff reporter
IMF withholds Zimbabwe reform programme
The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...Published: 20 Jun 2025 at 07:39hrs | 2200 | by Staff reporter
Zimbabwe's sugar giant gets rescue deal
A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...Published: 20 Jun 2025 at 06:03hrs | 171 | by Christopher Mutambirwa
IMF says Zimbabwe's economy has made significant progress
The International Monetary Fund said Zimbabwe's economic progress represents a "regime change," but declined to say if or when the Washington-based lender would grant it a staff-monitored program....Published: 19 Jun 2025 at 17:06hrs | 905 | by Staff reporter
CVR online scams on the rise
The Ministry of Transport and Infrastructural Development has raised the alarm over a surge in online scams targeting citizens seeking services from the Central Vehicle Registry (CVR). In an official ...Published: 19 Jun 2025 at 16:52hrs | 424 | by Staff reporter
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 102 | by Staff reporter
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 235 | by Staff reporter
Mnangagwa inspects Zimbabwe's gold reserves
President Emmerson Mnangagwa on Thursday morning conducted a high-profile inspection of Zimbabwe's gold reserves held in the Reserve Bank of Zimbabwe (RBZ) vaults, following his directive for the coun...Published: 19 Jun 2025 at 13:38hrs | 643 | by Staff reporter
BREAKING: David Chapfika dies in tragic car accident
Former Deputy Minister of Finance and long-serving ZANU PF politician David Chapfika has died in a fatal road accident near Chabwino, along the bridge at Stondon, authorities confirmed on Thursday....Published: 19 Jun 2025 at 13:33hrs | 4587 | by Staff reporter
Council in bond paper scandal
Karoi Town Council is at the centre of a damning procurement scandal after it emerged that the local authority ordered safety equipment worth US$1,100 but instead received bond paper in what lawmakers...Published: 19 Jun 2025 at 11:31hrs | 430 | by Staff reporter
Mukuru named among top cross-border payment providers
Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 F...Published: 19 Jun 2025 at 11:25hrs | 239 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
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