Search / Bank
Hit hard by storms and forest loss, Zimbabweans building stronger homes
For Florence Panda, the best thing about her new house in eastern Zimbabwe is not the modern design or the size, big enough for her family of nine.It's the fact that the house is built with ce...Published: 4 hrs ago | 73 | by Staff reporter
Zimdollar, US dollar use to stay
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has encouraged Zimbabweans to use both the Zimbabwe dollar and United States dollar as the country transitions towards adoption of a ...Published: 4 hrs ago | 75 | by Staff reporter
'Zimbabwe Reserve Bank is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 5 hrs ago | 41 | by Staff reporter
Zimbabwe's govt announcement on 4 000 teachers recruited is a joke
Labour unions representing teachers say the announcement by government that it had recruited an estimated 4 000 teachers was a joke, saying the country has over about 50 000 vacant posts.Prima...Published: 18 hrs ago | 829 | by Staff reporter
Zimbabweans are very united - hating a regime that impoverishes us doesn't mean we're divided!
I always find statements by Zimbabwe's ruling establishment, urging us to be united, quite mind-boggling - since, as far as I can tell, Zimbabweans are so...Published: 18 hrs ago | 221 | by Tendai Ruben Mbofana
Government salary deductions rile civil servants
CIVIL servants are up in arms with their employer over 2.5% deductions from their salaries every month towards a loan scheme allegedly meant to benefit them.Attempts to opt out of the "forced"...Published: 18 hrs ago | 513 | by Staff reporter
Mnangagwa's govt throws industry under the bus
THE decision by the government to open up importation of basic commodities by citizens together with a six month suspension of duty on various products will have a damaging impact on the revival of th...Published: 18 hrs ago | 206 | by Staff reporter
MDC-T ordered to pay Khupe aide's outstanding benefits
THE Labour Court has ordered the MDC-T to pay an aide of the party's former acting president, Thokozani Khupe, outstanding salaries and benefits.Kudzanai Mashumba dragged the opposition party ...Published: 19 hrs ago | 193 | by Staff reporter
Mnangagwa turns to Polad for economic solutions
EMBATTLED President Emmerson Mnangagwa has turned to Political Actors Dialogue (Polad) members to help him arrest the economic turmoil characterised by sky-rocketing prices of goods and services....Published: 19 hrs ago | 109 | by Staff reporter
Bosso eye Soma-Phiri for interim coach
AMINI Soma-Phiri might bounce back as Highlanders' interim coach as the club continues their search for a substantive gaffer following the sacking of Mandla Mpofu, impeccable sources said.In 2...Published: 19 hrs ago | 74 | by Staff reporter
Fake e-passport agents on the prowl
THE Registrar-General's Office has warned the public to be wary of a fake website used by fraudsters to swindle online passport applicants of their hard-earned cash.The account claims to be th...Published: 19 hrs ago | 71 | by Staff reporter
ZANU-PF MPs want 2023 elections postponed
With the party popularity nosediving from 51% in 2018 down to below 30% at present due to poverty, unemployment and poor economic policies, ZANU PF Members of Parliament (MPs) are sensing danger and w...Published: 21 hrs ago | 405 | by John Mbizvo, Political Analyst
Is it just naivety or simply greed driving POLAD to believe sitting around table with corrupt power-greedy regime will yield res
A few years ago, a dear cousin of mine - who worked quite closely with the then president Robert Gabriel Mugabe, especially in the health sector (having held top positions in both government, and the ...Published: 20 May 2022 at 10:23hrs | 1285 | by Tendai Ruben Mbofana
Kareke heading back to court
CONVICTED child rapist Munyaradzi Kereke is heading back to court to hear his appeal against sentence and conviction at the Supreme Court.The former Bikita West Member of Parliament and advise...Published: 20 May 2022 at 06:33hrs | 2739 | by Staff reporter
Basic goods disappear from shelves in Zimbabwe
SOME basic commodities such as cooking oil have virtually disappeared from shop shelves as the monthly food basket shot to $120 000.The Consumer Council of Zimbabwe (CCZ) yesterday said a fami...Published: 20 May 2022 at 06:31hrs | 1909 | by Staff reporter
Mnangagwa says net closing in on economic saboteurs
INVESTIGATIONS are underway to expose the third hand that could be working with some big companies to destabilise the economy, President Mnangagwa has said.This comes as the Government has int...Published: 20 May 2022 at 06:27hrs | 464 | by Staff reporter
What became of Zimbabwe's Patriotic Bill?
THE Zimbabwe government has made several attempts to close down the civic space in Zimbabwe through existing and new legislation. This includes some amendments to the Criminal Law Codification and Ref...Published: 19 May 2022 at 18:59hrs | 488 | by Nompilo Simanje and Otto Saki
Full-blown Zimbabwe teachers strike looms
GOVERNMENT has courted the ire of teachers after it reportedly deducted huge amounts from salaries of educators who went on strike when schools reopened last year.NewsDay understands that some...Published: 19 May 2022 at 06:39hrs | 1179 | by Staff reporter
Populace must be wary of Zanu-PF's poor governance
I DO not begrudge Zimbabwe's much-touted "highest economic growth rate in Africa" — why would any right-thinking citizen not wish to live happily and prosperously, in a well-developed country, where...Published: 19 May 2022 at 06:38hrs | 308 | by Tendai Ruben Mbofana
Masuka in court over US$94 000 loan
AGRICULTURE Minister Anxious Masuka has allegedly failed to pay back a US$94 000 loan advanced to him five years ago in the form of tobacco farming inputs.A Chinese tobacco contracting firm Ti...Published: 19 May 2022 at 06:36hrs | 529 | by Staff reporter
Zesa in import substitution drive
Zesa is working with Mozambique and Zambia to add an extra 250MW of imports which will help with the winter peaks, while it is now moving into manufacturing of electricity pylons and assembling solar ...Published: 19 May 2022 at 06:32hrs | 102 | by Staff reporter
RBZ to launch collateral registry
THE Reserve Bank of Zimbabwe (RBZ) says the collateral registry, a record keeping system for the existence of security, would be launched by the third quarter of this year. The collateral regi...Published: 19 May 2022 at 06:31hrs | 97 | by Staff reporter
'Mnangagwa must resign'
CITIZENS Coalition for Change (CCC) vice president Tendai Biti, has launched a scathing attack on President Emmerson Mnangagwa, saying he was an extremely incompetent leader with no capacity to run th...Published: 18 May 2022 at 06:24hrs | 10169 | by Staff reporter
RBZ in dramatic U-turn on lending
THE central bank yesterday lifted its temporary suspension of lending services by banks after the policy triggered sustained protests from industry, commerce and the public in general.In a sta...Published: 18 May 2022 at 06:23hrs | 1218 | by Staff reporter
Mwonzora seeks to keep rivals out
MDC Alliance president Douglas Mwonzora is reportedly planning to block aspiring candidates from contesting the party presidency after influencing some youths to declare him the sole presidential cand...Published: 18 May 2022 at 06:23hrs | 2019 | by Staff reporter
Parly probes tobacco company
PARLIAMENT has launched a full-scale investigation into Premium Leaf Zimbabwe operations and the quality of its tobacco exports.The company executives yesterday appeared before the Parliamenta...Published: 18 May 2022 at 06:22hrs | 593 | by Staff reporter
Top medical firm in labour, tax evasion storm
ONE of Zimbabwe's oldest and major private medical services provider, Baines Imaging Group is embroiled in a nasty fight with serving and former employees, who are accusing the institution of external...Published: 18 May 2022 at 06:21hrs | 773 | by Staff reporter
Lawyer off the hook
THE Law Society of Zimbabwe (LSZ) has absolved Harare lawyer Kudzaishe Gama of wrongdoing for facilitating transfer of a property at the centre of a dispute with a client.LSZ recently institut...Published: 18 May 2022 at 06:21hrs | 420 | by Staff reporter
RBZ auction rate reaches $258
The auction rate, the weighted average of successful bids on the Reserve Bank of Zimbabwe foreign currency auction for productive businesses, fell from $173,2685 to the US dollar last week to $258,540...Published: 18 May 2022 at 06:18hrs | 638 | by Staff reporter
RBZ lifts suspension on lending
The Reserve Bank of Zimbabwe (RBZ) has, with immediate effect, lifted the temporary suspension of lending services by banks issued through a circular on May 9, 2022.The lifting of the suspensi...Published: 17 May 2022 at 19:58hrs | 396 | by Staff reporter
Chiyangwa ally sparks verbal war against rival empowerment lobby group
A WAR of words has erupted between officials aligned to two rival indigenous empowerment lobby groupings, the Affirmative Action Group (AAG) and newly-launched Economic Empowerment Group (EEG)....Published: 17 May 2022 at 06:40hrs | 1640 | by Staff reporter
Shortages show the poverty of ideas in govt
THE shortage of most locally-manufactured basic commodities due to the shocking decision by President Emmerson Mnangagwa's government to impose a blanket ban on bank lending to everyone, including the...Published: 17 May 2022 at 06:37hrs | 777 | by Staff reporter
Forex auction allots US$107 million
The Reserve Bank of Zimbabwe (RBZ) says a total of US$107,8 million was allocated to companies under the foreign exchange auction system in April.The auction system was established in 2020 to ...Published: 17 May 2022 at 06:37hrs | 349 | by Staff reporter
Schools complain over exam fees collection
SCHOOLS are left financially poorer every time they collect examination fees on behalf of the Zimbabwe Schools Examination Council (Zimsec) through bank and transport costs charges and have appealed t...Published: 17 May 2022 at 06:33hrs | 253 | by Staff reporter
Stanbic chips in for life-saving bridge construction
Stanbic Bank Zimbabwe was part of a stellar team of stakeholders led by Rotary Club of Harare City, who chipped in with assistance in cash or kind during the construction of the Shavanhowe foot bridge...Published: 16 May 2022 at 11:57hrs | 1133 | by Agencies
African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 16 May 2022 at 11:52hrs | 392 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
ZCTU slams Mnangagwa
THE Zimbabwe Congress of Trade Unions has slammed President Emmerson Mnangagwa for implementing a raft of economic stabilisation measures before consulting with partners at the Tripartite Negotiation ...Published: 16 May 2022 at 06:27hrs | 3727 | by Staff reporter
Basics run out of Zimbabwe shelves
PRESIDENT Emmerson Mnangagwa and Finance minister Mthuli Ncube's recent economic pronouncements have reportedly triggered a shortage of most locally-manufactured basic commodities in most retail shops...Published: 16 May 2022 at 06:26hrs | 5310 | by Staff reporter
Ncube casino economics killing goose that lays eggs
THE Zimbabwean dollar is tumbling at a fast rate and it will only respond positively when there is a change of government. As long as we are going to have this current leadership, nothing will c...Published: 16 May 2022 at 06:25hrs | 630 | by Leonard Koni
Mnangagwa's govt under attack over banks lending ban
LEGISLATORS have called on government to respect the Constitution and stop behaving hike a monarchy where leaders rule by decree. This follows the recent government directive on banks to stop lending ...Published: 16 May 2022 at 06:23hrs | 520 | by Staff reporter
Duty on basics lowered
Government has lowered duty for people with free funds to import basic groceries, as one of the measures to contain price rises of basic commodities triggered by manufacturers and importers that have ...Published: 16 May 2022 at 06:20hrs | 761 | by Staff reporter
Mnangagwa's govt jittery
GOVERNMENT is in panic mode and fears an uprising hence resorting to using the police, military and other security organs as a section of Zimbabweans push for economic order, with analysts predicting ...Published: 15 May 2022 at 17:56hrs | 3092 | by Staff reporter
Fire Mthuli and Mangudya
The Zimbabwean dollar is tumbling at a very fast rate and it will only respond to the market when there is a change of government. As long as we are going to have this current leadership nothing...Published: 15 May 2022 at 09:22hrs | 7358 | by Leonard Koni
Mnangagwa panicking over Zimdollar
President Emmerson Mnangagwa has been summoning business owners his government believes are manipulating the Zimbabwe dollar to fuel anger over his rule amid growing fears an economic implosion could ...Published: 15 May 2022 at 06:14hrs | 3741 | by Staff reporter
Mnangagwa ban added fuel to a fire
The government's on-going crackdown against financial institutions to stem the collapse of the Zimbabwe dollar will only worsen the economic crisis facing the country instead of solving it.Pre...Published: 15 May 2022 at 06:13hrs | 666 | by Staff reporter
MPs gang up against Mthuli Ncube over Mnangagwa measures
LEGISLATORS across the political divide joined hands in strongly condemning recent economic containment measures introduced by President Emmerson Mnangagwa, saying they were piece-meal and counterprod...Published: 15 May 2022 at 06:13hrs | 2224 | by Staff reporter
RBZ to name firms taking bank loans to black market
THE Reserve Bank of Zimbabwe (RBZ) has unearthed an elaborate practice by some big corporates in the country, who were borrowing large amounts of money from banks which they would then channel into th...Published: 15 May 2022 at 06:12hrs | 904 | by Staff reporter
Zimdollar, US dollar use to stay
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has encouraged Zimbabweans to use both the Zimbabwe dollar and United States dollar as the country transitions towards adoption of a ...Published: 15 May 2022 at 06:12hrs | 683 | by Staff reporter
'The Reserve Bank is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 15 May 2022 at 06:12hrs | 304 | by Staff reporter
Zimbabwe loans suspension review this week
The Reserve Bank of Zimbabwe (RBZ) will this week review the suspension of bank lending that was recently announced, as it moves to investigate contractors on allegations they have been fuelling the p...Published: 15 May 2022 at 06:11hrs | 394 | by Staff reporter
Load More Stories
