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Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 10 hrs ago | 315 | by Staff reporter
Kariba Water levels critically low, expected to rise in 2025
Water levels in Lake Kariba, the world's largest man-made reservoir by volume, remain critically low but are forecast to rise early next year due to increased rainfall activity, according to the Zambe...Published: 11 hrs ago | 58 | by Staff reporter
EcoCash apologizes for recent service disruptions
EcoCash, Zimbabwe's leading mobile money platform, has addressed recent technical challenges that disrupted services, leaving many users unable to transact smoothly.In a statement, EcoCash ack...Published: 21 Dec 2024 at 15:49hrs | 827 | by Staff reporter
Willard Katsande Under-18 tournament face criticism over financial mismanagement
The organisers of the Willard Katsande Under-18 Tournament are facing severe backlash after failing to meet their financial obligations during the 2024 edition of the event, raising serious concerns a...Published: 21 Dec 2024 at 08:48hrs | 102 | by Staff reporter
Mnangagwa reads the riot act
President Mnangagwa has issued a stern warning to senior Zanu-PF members accused of using social media to sow divisions, create discord, and confuse the party's membership. Addressing the 380th sessio...Published: 21 Dec 2024 at 08:13hrs | 98 | by Staff reporter
Zimbabwean Nationals are a target of international cyber criminals
As more and more Zimbabweans embrace the digital economy, the rise of cybercrime has become a significant concern for its citizens. With increasing internet penetration, more individuals are engaging ...Published: 20 Dec 2024 at 12:19hrs | 291 | by Jacob Kudzayi Mutisi
Panic as Trevor Ncube's media empire faces collapse
Alpha Media Holdings (AMH), one of Zimbabwe's largest independent media houses owned by media mogul Trevor Ncube, is teetering on the brink of collapse, insiders revealed. The company has failed to up...Published: 20 Dec 2024 at 12:00hrs | 2605 | by George Tshuma
Mnangagwa condemns social media misuse by Senior Zanu-PF members
President Emmerson Mnangagwa has issued a stern warning to senior ZANU-PF members over the misuse of social media to create divisions and discord within the party. Speaking during the 380th Session of...Published: 20 Dec 2024 at 11:15hrs | 476 | by Staff reporter
Mnangagwa calls for unity in ZANU-PF
President Emmerson Mnangagwa has called for renewed commitment and unity within ZANU-PF as the party sets its sights on the upcoming 2025 elections. Speaking at the 380th Ordinary Session of the Polit...Published: 20 Dec 2024 at 11:11hrs | 125 | by Staff reporter
Rwodzi deploys tourism reception lieutenants to improve Zim hospitality
In her quest to continuously brand Zimbabwe as the premier tourism destination, Tourism and Hospitality Industry Minister, Barbara Rwodzi has deployed her deputy (Tongai Mnangagwa) and other executive...Published: 19 Dec 2024 at 17:05hrs | 1139 | by Gideon Madzikatidze/Simbarashe Sithole
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 477 | by Staff reporter
Zimbabwe struggles to tackle smuggling as festive season approaches
The Zimbabwean government has expressed concerns over its ability to combat smuggling during the festive season due to limited resources, particularly fuel, required to support the taskforce teams. St...Published: 19 Dec 2024 at 16:48hrs | 146 | by Staff reporter
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 392 | by Staff reporter
Chigumira bids Bosso farewell
Highlanders Football Club has praised utility player Marvelous Chigumira for his professionalism and discipline as he prepares to leave the team at the end of the year. Chigumira, whose contract expir...Published: 19 Dec 2024 at 16:40hrs | 111 | by Staff reporter
Harare Council pumps raw sewage into Lake Chivero
Harare residents are raising alarm over an elaborate scheme involving corrupt city council officials that is leading to the loss of properties and stands. In the latest scandal, four residents in Mabv...Published: 19 Dec 2024 at 16:36hrs | 62 | by Staff reporter
Harare land scam unmasked
Harare residents are raising alarm over an elaborate scheme involving corrupt city council officials that is leading to the loss of properties and stands. In the latest scandal, four residents in Mabv...Published: 19 Dec 2024 at 16:36hrs | 97 | by Staff reporter
Zimbabweans will always suffer as long as we rely on politicians for change
Over the past two and a half decades, the country has faced unprecedented economic challenges, from record-breaking hyperinflation and extreme poverty to massive deindustrialization and soaring unempl...Published: 19 Dec 2024 at 12:41hrs | 212 | by Tendai Ruben Mbofana
King Munhumutapa to Spend Xmas, New Year Behind Bars
Self-imposed King Munhumutapa Timothy Chiminya, who was arrested on Monday, will spend Christmas and New Year behind bars after being committed to remand prison for a mental health evaluation by...Published: 19 Dec 2024 at 09:27hrs | 1296 | by Dickson Bandera
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 1934 | by Tendai Ruben Mbofana
Concerns mount over devolution fund shortfalls in Zimbabwe
The government's failure to meet the five percent constitutional threshold for devolution funding since 2019 has sparked widespread criticism. From its inception to 2023, the Inter-Governmental Funds ...Published: 17 Dec 2024 at 15:00hrs | 387 | by Staff reporter
Zimbabwe fails to pay white farmers who had land expropriated
White commercial growers in Zimbabwe said that the government has failed to pay part of $331 million in compensation to farmers for expropriating their land but reimbursed others who weren't part of t...Published: 17 Dec 2024 at 10:08hrs | 546 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 320 | by Agencies
Zimbabwe's capital city plunged into darkness
Harare, the Zimbabwean capital city, usually a hub of activity even during late evening hours, was plunged into darkness last night due to a power outage. Even the State House, Zimbabwe House, and the...Published: 17 Dec 2024 at 04:41hrs | 2642 | by Staff reporter
Get a vehicle clearance certificate if you are driving to Zimbabwe
When traveling from South Africa to Zimbabwe by road it is now a requirement to have a Vehicle Clearance Certificate. Obtaining the Vehicle Clearance Certificate is a critical step to ensure t...Published: 16 Dec 2024 at 12:44hrs | 10628 | by Staff reporter
Bulawayo City Council cuts water supplies to schools
The Bulawayo City Council (BCC) has intensified its debt recovery efforts, cutting off water supplies to 59 schools in a bid to recover outstanding payments. This bold move comes as the local authorit...Published: 15 Dec 2024 at 09:14hrs | 471 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 354 | by Constantine Chikosi
Zimbabwe military officer found hanging was murdered
A somber atmosphere engulfed the Senate as Senator Lwazi Sibanda delivered an emotional address mourning the tragic and mysterious death of her cousin, Hillary Nleya, a military intelligence officer w...Published: 14 Dec 2024 at 20:16hrs | 4459 | by Staff reporter
White DA minister's tactics only benefiting his DA constituency
The Minister of Public Works and Infrastructure Dean Macpherson has been accused of instituting oppressive style tactics at the Independent Development Trust (IDT) to only benefit his DA constituency....Published: 14 Dec 2024 at 16:05hrs | 285 | by Staff reporter
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2127 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2139 | by Staff reporter
More trouble for Zimbabwe as Trump makes return
The incoming administration of Donald Trump in the United States has sparked significant interest across Africa, as analysts speculate on how his second presidency will affect the continent's security...Published: 14 Dec 2024 at 12:34hrs | 766 | by Staff reporter
Time Bank offers war vets US$3,5bn
TIME Bank has offered a US$3.5 billion compensation package to Zimbabwe's liberation war veterans as part of its broader US$38 billion loan proposal to the government. This development follows signifi...Published: 14 Dec 2024 at 12:33hrs | 390 | by Staff reporter
Mnangagwa who once faced the death penalty now set to abolish it
Zimbabwe's Senate has approved a bill to abolish the death penalty, a key step in scrapping a law last used in the southern African nation nearly 20 years ago.Zimbabwe's Parliament said Thursd...Published: 14 Dec 2024 at 10:44hrs | 95 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 180 | by Staff reporter
NetOne rewards customers with 'Trolley Dash' Holiday Campaign
In a festive move to celebrate the holiday season, OneMoney, a NetOne product, has again unveiled its yearly exciting promotion called "Trolley Dash" that aims to reward customers for their digital tr...Published: 14 Dec 2024 at 10:14hrs | 248 | by Simbarashe Sithole
Matebeleland projects have remained stagnant for years
Nkulumane Member of Parliament, Desire Moyo, has made a passionate plea to Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube to allocate funding for critical infrastructure...Published: 13 Dec 2024 at 09:43hrs | 333 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 81 | by Staff reporter
Zimbabwe moves towards abolishing death penalty
In a rare display of unity, both Houses of Zimbabwe's Parliament have passed the Death Penalty Abolition Bill, marking a significant step towards ending capital punishment in the country. The Bill, wh...Published: 13 Dec 2024 at 09:35hrs | 73 | by Staff reporter
Go Beer Breweries nears revival
Gweru residents are anticipating a brighter festive season with the imminent revival of Go Beer Breweries, which has been dormant for nearly a decade. The Gweru City Council has committed US$2.3 milli...Published: 13 Dec 2024 at 09:29hrs | 148 | by Staff reporter
Mnangagwa says iron, steel sector key to Zimbabwe's economic revitalisation
President Emmerson Mnangagwa has emphasized the critical role of Zimbabwe's iron and steel industry in transforming the national and regional economy, underscoring its potential to drive industrialisa...Published: 13 Dec 2024 at 06:45hrs | 300 | by Staff reporter
Secret perks for council bigwigs
Top officials at Harare City Council have been accused of covering up excessive salaries and benefits amid allegations of gross financial irregularities and poor service delivery. The accusations were...Published: 13 Dec 2024 at 06:44hrs | 892 | by Staff reporter
Harare loses millions in potential revenue
The City of Harare is losing millions of United States dollars in potential revenue from unpaid rates, with tuckshop owners and residents among the main defaulters. This was revealed by Acting Revenue...Published: 12 Dec 2024 at 06:56hrs | 320 | by Staff reporter
UN forcing Mnangagwa to scrap PVO Bill
United Nations (UN) special rapporteurs on human rights have called on the Zimbabwean government to withdraw the controversial Private Voluntary Organisations (PVO) Amendment Bill, warning that its en...Published: 11 Dec 2024 at 06:38hrs | 845 | by Staff reporter
NatFoods bemoans limited ZWG acceptability
Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the...Published: 10 Dec 2024 at 07:09hrs | 719 | by Staff reporter
US, UK sanction Gold Mafia linked dealer
The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the c...Published: 10 Dec 2024 at 07:08hrs | 936 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
No progress on Bulawayo-Nkayi Road
The long-awaited rehabilitation of the Bulawayo-Nkayi Road is moving at a slow pace, with DIFFLOCK Construction, the newly-appointed contractor, already establishing its base and advancing the project...Published: 10 Dec 2024 at 06:48hrs | 301 | by Staff reporter
4 banks quit in South Africa in 2024
BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announc...Published: 09 Dec 2024 at 15:19hrs | 777 | by Staff reporter
South Africa running out of money at an alarming rate
Efficient Group chief economist Dawie Roodt has warned that South Africa is heading for a financial crisis due to its growing debt burden.Speaking to State of the Nation's Mark Sham, Roodt sai...Published: 09 Dec 2024 at 15:15hrs | 724 | by Staff reporter
Chivayo gifts Peter Ndlovu with brand-new BMW
Zimbabwean businessman Wicknell Chivayo has gifted football legend Peter Ndlovu a brand-new a R2.6 million (US$144 000) 2024 BMW X6M Sport Competition as a gesture of appreciation for his monumen...Published: 09 Dec 2024 at 10:38hrs | 6424 | by Staff reporter
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