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Thank God for ingenious coronavirus vaccine - we must now deal with political challenge
It was just over a year ago, November 2019, that the world learned of the coronavirus outbreak in China. By March 2020, the World Health Organisation (WHO) declared the outbreak a world pandemic. ...Published: 6 hrs ago | 761 | by Patrick Guramatunhu
Cooking oil production levels improve
Cooking oil prices have stabilised in the wake of improved production levels as manufacturers are accessing foreign currency for raw materials from the central bank's auction system.The firms ...Published: 10 hrs ago | 800 | by Staff Reporter
Stanbic named Bank of The Year 2020
HARARE - 3 December 2020 - Leading financial services institution, Stanbic Bank has been awarded the 2020 Bank of the Year 2020 accolade for the second year running by top banking magazine - The Banke...Published: 15 hrs ago | 976 | by Agencies
The day of reckoning shall come
The political events on the ground already indicate what will happen in 2023 when political parties will bid for the occupation of the State House. While the time to prepare for such contestation is n...Published: 15 hrs ago | 1411 | by Grace Chekai
RBZ orders Zimbabwe banks to give forex
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has ordered banks to settle transactions outside the public glare as he cracks the whip on the sector amid revelations some banks were refusing cl...Published: 17 hrs ago | 7164 | by Staff reporter
Zimbabwe targets airport rehab
Zimbabwe will roll out an aggressive rehabilitation programme for all major airport facilities in the country as it anticipates a boom in tourism and air traffic space.Finance and Economic Dev...Published: 17 hrs ago | 1233 | by Staff reporter
Econet shakes up to ride out crisis
ZIMBABWE Stock Exchange listed telecoms giant, Econet Wireless Zimbabwe says it is casting its net wide to identify fresh opportunities on the domestic market, while scanning the global terrain to see...Published: 17 hrs ago | 1004 | by Staff reporter
Mthuli Ncube ordered to disclose foreign debts by High Court
THE High Court has ordered Finance minister Mthuli Ncube to publish details of all loans and guarantees incurred by government from January 2017 to December 1, 2020 with the African Export–Import Ba...Published: 17 hrs ago | 892 | by Staff reporter
NetOne boss trial moved to next year
THE trial of former NetOne chief executive Lazurus Muchenje and three other employees who allegedly offered unregistered Netone virtual lines to a foreign company was yesterday postponed to January 18...Published: 17 hrs ago | 234 | by Staff reporter
US$300m for Beitbridge Border Post upgrade
THE ZimBorders Consortium has secured nearly US$300 million for the upgrade and modernisation of Beitbridge Border Post, the country's busiest inland port of entry and one of the region's key transit ...Published: 17 hrs ago | 256 | by Staff reporter
Texas Hold'em Poker Hand Rankings - The Difference Between Winning And Losing
Sarcastically, a few of similar features build online poker so as well as comfortable also make it potentially not very safe in bandar bola. The funds found onlin...Published: 02 Dec 2020 at 10:38hrs | 290 | by Staff Writer
CID team investigating Mnangagwa ally arrested
Alleged Covid-19 procurement corruption mastermind Delish Nguwaya could walk free after criminal proceedings against him all but collapsed on Tuesday when a court removed him from remand.Magis...Published: 02 Dec 2020 at 09:26hrs | 6631 | by Staff reporter
Mangudya warns money launderers
THE governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, says authorities will step up the current crack down on individuals and companies that are moving large but unexplained sums of money...Published: 02 Dec 2020 at 06:35hrs | 2310 | by Staff reporter
Econet opens one-stop shop in Bulawayo
THE City of Bulawayo has commended giant telecoms operator Econet for enhancing ease of doing business through its integrated product services and implored other businesses to follow suit. On ...Published: 02 Dec 2020 at 06:16hrs | 326 | by Staff reporter
Zimbabwe scores high on debt management transparency
Zimbabwe has reasonably high ratings in the region in terms of debt management transparency according to the Open Budget Index (OBI). A country's budget transparency score, reflected on the OB...Published: 02 Dec 2020 at 06:14hrs | 95 | by Staff reporter
EcoCash revenue continues to dwindle
CASSAVA Smartech Zimbabwe Limited's subsidiary EcoCash's revenue contributions to the group continue to dwindle following recent operating measures effected by the Reserve Bank of Zimbabwe (RBZ) to cu...Published: 02 Dec 2020 at 06:13hrs | 514 | by Staff reporter
Sector priorities for NDS implementation
Zimbabwe launched its new 5 year economic blueprint called the National Development Strategy (NDS-1) on 16 November 2020. The new plan succeeds the Transitional Stabilization Programme (TSP) that ends...Published: 01 Dec 2020 at 09:17hrs | 653 | by Victor Bhoroma
'Bank heist as Kuda Tagwirei acquires ZB', says Biti
FORMER Finance Minister, Tendai Biti has described as a ‘bank heist', businessman Kuda Tagwirei's reported acquisition of ZB Bank and becoming a major shareholder against the provisions of the Banki...Published: 01 Dec 2020 at 07:09hrs | 12926 | by Staff reporter
Stanbic in eye of 'wage theft' storm
STANBIC Bank Zimbabwe is facing its toughest moments in many years, after a key union approached the financial institution's South African headquartered parent, Standard Bank Group, raising a stink ov...Published: 01 Dec 2020 at 06:55hrs | 2110 | by Staff reporter
Mnangagwa's govt plans 5-year 200k housing project
GOVERNMENT yesterday said plans were underway to construct 200 000 houses throughout the country in the next five years, most of them skyscrapers in a bid to reduce Zimbabwe's housing backlog....Published: 01 Dec 2020 at 06:52hrs | 463 | by Staff reporter
'Dollarisation was our biggest mistake,' says Mthuli Mcube
Dollarisation was a big mistake as it took away the country's monetary autonomy and made industry uncompetitive, Finance and Economic Development Minister Mthuli Ncube said yesterday. Besides,...Published: 01 Dec 2020 at 06:48hrs | 2868 | by Staff reporter
NGOs pouring substantial amounts of money to unite MDC factions
SOME Western countries are pouring substantial amounts of money through non-governmental organisations (NGOs) to unite feuding MDC factions. If efforts to unite the feuding parties fail, the f...Published: 01 Dec 2020 at 06:48hrs | 920 | by Staff reporter
Businessman up for money laundering
BUSINESSMAN Fidelis Chuma on Saturday appeared in court on allegations of money laundering involving $300 million.Chuma, who runs a floor polish company King Cobra, is being accused of using a...Published: 30 Nov 2020 at 19:05hrs | 2940 | by Staff reporter
Govt rules out return of US dollar
ZIMBABWE will not consider using the US dollar as its default tender again, saying it won't repeat its past mistake of abandoning the local currency."One of the biggest mistakes was dollarisin...Published: 30 Nov 2020 at 19:05hrs | 2637 | by Staff reporter
Diaspora remittances up 48% in 10 months, says RBZ
DIASPORA remittances increased by 48 percent to reach US$760 million in the 10 months to October 2020 compared to the same period last year, according to the Reserve Bank of Zimbabwe (RBZ).The...Published: 30 Nov 2020 at 19:02hrs | 261 | by Staff reporter
Fuel smugglers, tax evaders warned
Government has issued a stern warning to fuel smugglers and tax evaders, as it moves in to plug revenue leakages that have been negatively impacting the country's economic growth.A post-budget...Published: 30 Nov 2020 at 18:28hrs | 671 | by Staff Reporter
Stanbic continues with digital banking agenda
HARARE - 30 NOVEMBER 2020 Stanbic Bank continues to implement its digitization strategy as it seeks to remain in sync with the futuristic need for technological advancement as well as the dictates of ...Published: 30 Nov 2020 at 10:44hrs | 892 | by Agencies
Old US$100 notes remain legal tender
Deputy Finance Minister Clemence Chiduwa has called on businesses to accept US$100 notes issued before 2 006. This comes as some stores are only accepting the notes only if customers agree to ...Published: 30 Nov 2020 at 06:20hrs | 2070 | by Staff reporter
Mnangagwa honours King Lobengula's commander
PRESIDENT Mnangagwa has posthumously conferred National Hero status on revered military tactician, General Mtshana Khumalo ahead of the unveiling of a monument at the site where the commander won his ...Published: 30 Nov 2020 at 06:14hrs | 2432 | by Staff reporter
National Hero status for Gen Mtshana Khumalo
PRESIDENT Mnangagwa has posthumously conferred National Hero status on revered military tactician, General Mtshana Khumalo ahead of the unveiling of a monument at the site where the commander won his ...Published: 30 Nov 2020 at 05:52hrs | 817 | by Staff reporter
Zanu-PF emerges biggest winner in major scandal
THE ruling Zanu-PF, which thrives on a chokehold grip on airwaves to win elections by hook or crook, has emerged as the biggest winner in the controversial awarding of six new free-to-air licences to ...Published: 29 Nov 2020 at 19:28hrs | 788 | by Staff reporter
Black Friday flops in SA
BLACK Friday this year was a flop for South African retailers, early statistics show, with a huge decrease in in-store sales.Retailers expected reduced sales compared to 2019, as shoppers avoi...Published: 29 Nov 2020 at 15:58hrs | 1878 | by Staff reporter
Tobacco exports net US$690 million
AT least 168 million kg of tobacco worth US$688 million had been exported across the globe by November 20, Tobacco Industry Marketing Board (Timb) data showed last week.The Timb said shipments for...Published: 29 Nov 2020 at 07:02hrs | 217 | by Staff reporter
Residents threaten rates payment boycott
GWERU residents have threatened to boycott payment of rates citing numerous cases of revenue leakages, which have affected service delivery.A recent council internal audit revealed that severa...Published: 29 Nov 2020 at 06:55hrs | 499 | by Staff reporte
We're not the first lady's cronies, says MP
MIDLANDS proportional representation MP Perseviarance Zhou says first lady Auxilia Mnangagwa is only a patron of PPAC Investments Private Limited, which runs a recreational park in Kwekwe.Zhou...Published: 29 Nov 2020 at 06:53hrs | 1789 | by Editor
'COVID-19 hit the blood bank hard'
THE National Blood Services Zimbabwe (NBSZ) was greatly affected by the lockdown imposed following the outbreak of the coronavirus, which restricted movement of people, an official has said.Do...Published: 28 Nov 2020 at 07:21hrs | 545 | by Staff reporter
Mthuli's 'fantasy' budget: Here's how it will affect you
THE 2021 budget presented by the finance minister Mthuli Ncube to Parliament shows that the minister was living in a ‘fantasy world,' according to academic, Professor Austin Chakaodza."Some ...Published: 28 Nov 2020 at 07:12hrs | 3114 | by Staff reporter
Zimbabwe keen to rejoin Commonwealth
Government will prioritise rejoining the Commonwealth as a launch-pad to unlock international goodwill and sustain re-engagement milestones already realised through resumption of political dialogue wi...Published: 28 Nov 2020 at 07:09hrs | 420 | by Staff reporter
Mnangagwa orders US-dollar payment on foreign currency pensions
PRESIDENT Emmerson Mnangagwa Friday ordered US dollar pension pay-outs on all investments under which workers injected foreign currency.This comes after thousands of Zimbabwean workers were be...Published: 28 Nov 2020 at 07:08hrs | 17910 | by Staff reporter
Mukuru bank scam alert!
Hie Editor, Can you please publish this massage to my fellow countrymen and women , i was fraudlently all my savings with mkuru bank . Yesterday they steal my R10026 and 200$...Published: 28 Nov 2020 at 07:06hrs | 1816 | by Walter
Vehicle supply syndicate exposed
A syndicate comprising vehicle suppliers and senior procurement officials in various State institutions has been milking millions of dollars from state coffers through murky and inflated vehicle suppl...Published: 27 Nov 2020 at 18:23hrs | 3725 | by Staff reporter
Zimbabweans living in extreme poverty increase to 6 million in 2019
The number of poor people in the country increased to 8.9 million in 2019 - more than half of its estimated population - from 8 million in 2017 while those living in extreme poverty increased to 6 mil...Published: 27 Nov 2020 at 17:31hrs | 490 | by Staff reporter
'No 2021 tax clearance certificates to improperly fiscalised operators'
Zimbabwe's tax collector has threatened to withhold 2021 tax clearance certificates to all registered business operators that have not properly fiscalised as most operators are not remitting taxes in ...Published: 27 Nov 2020 at 17:23hrs | 2706 | by Staff reporter
Top lawyer sued over botched house deal
SENIOR Harare lawyer Charles Chinyama has been dragged to court by a woman, who alleges that he fraudulently transferred the title to her US$180 000 Eastlea house into his name over a US$33 000 debt....Published: 27 Nov 2020 at 17:10hrs | 511 | by Staff reporter
Depositors and pensioners to be compensated for exchange losses, says Mthuli Ncube
Depositors with small bank balances and pensioners whose savings were wiped out by currency changes last year will be compensated from a US$150 million fund, finance minister Mthuli Ncube said on Thur...Published: 27 Nov 2020 at 07:56hrs | 6693 | by Staff reporter
Zimbabwe gold smugglers shipping over US$1,5bn a year
GOLD worth over US$1,5 billion is smuggled out of Zimbabwe every year, depriving the cashstrapped economy of crucial foreign-exchange revenues, according to research organisation International Crisis ...Published: 27 Nov 2020 at 07:25hrs | 355 | by Staff reporter
Mnangagwa, Chiwenga, SB Moyo wrestle for Zim gold sector control
PRESIDENT Emmerson Mnangagwa, his deputy Constantino Chiwenga and Foreign Affairs Minister Sibusiso Moyo, locked in a vicious duel to wrest and consolidate state power, are manoeuvring to control the ...Published: 27 Nov 2020 at 07:18hrs | 2897 | by Staff reporter
Biti's sensational take on state of the Zimbabwe economy
MDC-ALLIANCE vice president Tendai Biti painted a bleak picture of the state of the economy this week in what he called the "State of the Economy Address". Many in Zimbabwe and abroad would find his t...Published: 27 Nov 2020 at 07:14hrs | 583 | by Staff reporter
Zimbabwe eyes 7% growth in year 2021
FINANCE minister Mthuli Ncube stuck to his 7,4% gross domestic product (GDP) growth target when he presented the 2021 National Budget yesterday, tipping most of the growth to be driven by strong recov...Published: 27 Nov 2020 at 07:13hrs | 88 | by Staff reporter
Econet hikes tariffs 20%
Econet Wireless Zimbabwe has hiked its voice tariff by 20% to guarantee continued delivery of the service.The latest tariff adjustment comes at a time when government is banking on increased i...Published: 27 Nov 2020 at 07:10hrs | 2122 | by Staff reporter
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