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Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 493 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 428 | by Staff reporter
Man forced into 'ritual cleansing' sex
A 38-year-old man was reportedly kidnapped and coerced into having unprotected sex with his ex-girlfriend at a lodge in Highfield on Saturday, in a case that has shocked the local...Published: 15 Jul 2025 at 21:48hrs | 906 | by Staff reporter
Mine owner fined for operating unregistered milling plants
MAPHISA - A 45-year-old Snake Bone Mine owner has been fined US$200 for operating hammer and ball milling plants without proper documentation for registration.Matebeleland South Provincial Mag...Published: 14 Jul 2025 at 21:45hrs | 559 | by Gideon Madzikatidze/Simbarashe Sithole in Kezi
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 723 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 133 | by Staff reporter
State closes case against Harare couple
The State has closed its case against a Harare couple, Clark Makoni and his wife Beverly Aisha Makoni, who are facing allegations of defrauding former Reserve Bank of Zimbabwe Gov...Published: 14 Jul 2025 at 07:51hrs | 361 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 114 | by Staff reporter
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1086 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 652 | by Staff reporter
Zacc officer nails Gono stolen property couple
A Zimbabwe Anti-Corruption Commission (ZACC) investigating officer has told a Harare magistrate how a couple allegedly forged company registration documents to illegally take control of a lodge owned ...Published: 13 Jul 2025 at 11:22hrs | 99 | by Staff reporter
Vumbunu brothers still in SA custody
The notorious Vumbunu brothers, Abraham and Elijah Temayi Vumbunu, are currently held in custody in South Africa following their arrest in connection with the massive US$4 million robbery at Ecobank t...Published: 13 Jul 2025 at 11:19hrs | 107 | by Staff reporter
Chivayo taxes shocker
Flamboyant businessman Wicknell Chivayo, one of Zimbabwe's most polarising public figures, has rubbished claims that his bank accounts have been garnished by tax authorities amid reports of a lifestyl...Published: 13 Jul 2025 at 11:07hrs | 698 | by Staff reporter
Zimbabwe currency reserves backing ZiG climb to record
Gold and foreign-currency reserves backing Zimbabwe's bullion-linked monetary unit rose to a record in June, the central bank said.The reserves climbed to $731 million from $639 million in May...Published: 11 Jul 2025 at 08:55hrs | 959 | by Staff reporter
'Captured judiciary' intimidates General Mkhwanazi
Chief Justice Mandisa Maya has called on KwaZulu-Natal Police Commissioner Lieutenant General Nhlanhla Mkhwanazi to provide evidence following explosive claims that members of the Judiciary are collud...Published: 10 Jul 2025 at 22:27hrs | 1257 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 174 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 126 | by Staff reporter
Open letter to the President of Zambia, Hakainde Hichilema
An Open Letter to the President of Zambia, Hakainde Hichilema: I will not be silenced until death or a better Zambia emerges, whichever comes firstDear President Hichilema,Yesterday, I...Published: 09 Jul 2025 at 09:24hrs | 1094 | by Sishuwa Sishuwa
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 82 | by Staff reporter
ZNCC urges RBZ to cut policy rate to 20%
The Zimbabwe National Chamber of Commerce (ZNCC) has urged the Reserve Bank of Zimbabwe (RBZ) to lower its bank policy rate from the current 35% to 20% in an effort to ease growing credit constraints ...Published: 08 Jul 2025 at 12:12hrs | 213 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 81 | by Staff reporter
'Vumbunu brothers have been a thorn in our side'
The dramatic arrest of the notorious Vumbunu brothers, Abraham and Elijah Temayi, in South Africa has reignited public interest in the sensational US$4 million Ecobank armed robbery that stunned Bulaw...Published: 08 Jul 2025 at 09:42hrs | 636 | by Staff reporter
UK's Reading honours Zimbabwean-born mayor
The recent election of Zimbabwean-born academic and social justice advocate Dr Alice Mpofu-Coles as mayor of Reading, a city in southeast England, has been hailed as a defining moment for Africans in ...Published: 07 Jul 2025 at 17:15hrs | 468 | by Staff reporter
Zimbabwe US$4 million heist suspects arrested in South Africa
The Zimbabwe Republic Police (ZRP) has confirmed the arrest of two key suspects in connection with the high-profile US$4 million Ecobank robbery that shocked the nation in October 2024.Abraham...Published: 06 Jul 2025 at 11:42hrs | 982 | by Staff reporter
Dynamos' slow but obvious death
Dynamos' downfall is no longer a rumor - it's a reality show, and the doubting Thomases are now the panic-stricken prophets, DeMbare DotComs reported. The problem isn't the coaching staff...Published: 06 Jul 2025 at 11:31hrs | 205 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1652 | by Staff reporter
Gono exposes former employees
Former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has laid bare explosive allegations against his former employees Clark and Beverly Makoni, accusing the couple of fraudulently taking control...Published: 05 Jul 2025 at 14:53hrs | 178 | by Staff reporter
Ecobank robbery case collapses
A high-profile case tied to the US$4 million Ecobank armed robbery has crumbled after police admitted they had no evidence linking a local security guard to the dramatic heist.Sibonginkosi Sib...Published: 05 Jul 2025 at 14:52hrs | 435 | by Staff reporter
Gono accused of extortion, fabrication
A Harare couple embroiled in a bitter legal dispute with former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has accused him of attempting to extort US$50,000 from them by leveraging his allege...Published: 05 Jul 2025 at 10:28hrs | 839 | by Staff reporter
Armed robbery charges dropped
After intense back-and-forth between the police and the National Prosecuting Authority (NPA), prosecutors have dropped armed robbery charges against two men previously linked to the sensational US$4 m...Published: 05 Jul 2025 at 04:02hrs | 793 | by Staff reporter
Security guard arrested in $4 million Ecobank cash heist probe
Police have made a breakthrough in Zimbabwe's largest-ever cash heist, arresting a suspect linked to the dramatic US$4 million robbery at an Ecobank branch in central Bulawayo last year.Bulawa...Published: 04 Jul 2025 at 14:32hrs | 862 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 311 | by Staff reporter
Police arrest suspects in Zimbabwe's biggest-ever cash heist
Police have made a significant breakthrough in the investigation into last year's US$4.4 million armed robbery at EcoBank in Bulawayo - the largest cash heist in Zimbabwean history.Bulawayo pr...Published: 04 Jul 2025 at 10:48hrs | 761 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 142 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4206 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1685 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1062 | by Staff reporter
Bail ruling set for Ecobank fraud suspects
Three men accused of defrauding Ecobank of US$73,000 through a company called Jerrypat Electricals (Pvt) Ltd are set to appear in court tomorrow for a bail ruling.The accused, Nigel Gwanzura, ...Published: 03 Jul 2025 at 09:25hrs | 634 | by Staff reporter
AfDB flags Zimbabwe's annual financing gap
Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...Published: 03 Jul 2025 at 09:25hrs | 111 | by Staff reporter
No water from the tap. They're asked to pay a tax anyway
HARARE, ZIMBABWE - The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially ...Published: 02 Jul 2025 at 10:02hrs | 448 | by Linda Mujuru, GPJ Zimbabwe
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: 01 Jul 2025 at 12:44hrs | 236 | 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: 01 Jul 2025 at 12:05hrs | 191 | by Brighton Musonza
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: 01 Jul 2025 at 08:20hrs | 129 | 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: 01 Jul 2025 at 08:16hrs | 493 | 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 | 3930 | 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 | 126 | 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 | 2589 | 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 | 250 | 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 | 246 | by Gideon Madzikatidze/Simbarashe Sithole in Kezi
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