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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: 7 hrs ago | 123 | 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: 20 hrs ago | 610 | by Staff reporter
RBZ disburses ZiG350 million to key sectors
The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufac...Published: 20 hrs ago | 182 | 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: 21 hrs ago | 118 | 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: 21 hrs ago | 318 | 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: 21 hrs ago | 95 | 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 | 1018 | 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 | 632 | 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 | 96 | 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 | 100 | by Staff reporter
'Mnangagwa is far much better than Mugabe,' says Hwende
Kuwadzana East legislator Charlton Hwende has once again courted controversy, this time drawing sharp criticism after publicly comparing President Emmerson Mnangagwa favorably to his predecessor, Robe...Published: 13 Jul 2025 at 11:18hrs | 111 | 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 | 682 | 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 | 948 | 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 | 1256 | by Staff reporter
Mnangagwa calls for 'new breed of heroes'
President Emmerson Mnangagwa has called on Zimbabweans to emulate national hero Dr Sydney Gata by becoming trailblazers, innovators and nation builders, saying the country is ready for a new generatio...Published: 10 Jul 2025 at 16:41hrs | 165 | 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 | 170 | 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 | 124 | by Staff reporter
Bulawayo councillor slams City management over corruption
Bulawayo Ward 3 Councillor Mxolisi Mahlangu has launched a scathing attack on the city's management, accusing officials of rampant corruption and gross mismanagement that he says is crippling service ...Published: 10 Jul 2025 at 08:54hrs | 234 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 820 | 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 | 1047 | 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 | 212 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 196 | 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 | 79 | 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 | 634 | 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 | 465 | by Staff reporter
It's time Zimbabwe redefined who we call a national hero
The recent declaration of the late ZESA executive chairman, Sydney Gata, as a national hero has once again reignited a longstanding and deeply divisive debate in Zimbabwe. At the core of ...Published: 07 Jul 2025 at 11:07hrs | 608 | by Tendai Ruben Mbofana
Time to reform the National Heroes selection process in Zimbabwe
Thank you for bestowing National Hero status on Dr. Sydney Zikuzo Gata, a well-decorated engineer and a true patriot. This honour is well deserved. I had the privilege of working closely with Dr. Gata...Published: 07 Jul 2025 at 11:05hrs | 268 | by Engineer Jacob Kudzayi Mutisi
Delta Corporation slams Zimra over uncertainties
Zimbabwe's largest beverage manufacturer, Delta Corporation Limited, has accused the country's tax authorities of fueling business uncertainty through what it described as the arbitrary creation of le...Published: 07 Jul 2025 at 08:47hrs | 367 | by Staff reporter
Tagwirei down but not out, resurfaces in Epworth
Prominent businessman Kudakwashe Tagwirei has resurfaced in the political arena just days after suffering a significant setback at the hands of Vice-President Constantino Chiwenga and, unexpectedly, P...Published: 06 Jul 2025 at 20:21hrs | 2403 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1598 | by Staff reporter
Elon Musk announces creation of new political party in USA
Elon Musk unveiled plans on Saturday to establish a new political party, vowing to "give freedom back to the people" and accusing America's elites of running the country into the ground.In a p...Published: 06 Jul 2025 at 13:56hrs | 965 | 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 | 967 | 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 | 186 | by Staff reporter
Woman jailed 15 years for bizarre sexual act
A 19-year-old woman from Chirumanzu in Midlands province has been slapped with a 15-year jail term for indecent assault on a seven-year-old girl.Tatenda Madanhire of Munetsi village in Chiruma...Published: 06 Jul 2025 at 10:14hrs | 352 | 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 | 1644 | 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 | 177 | 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 | 432 | 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 | 838 | by Staff reporter
Egodini Mall project tarnishes BCC
As delays and controversy continue to dog the long-awaited Egodini Mall and Transport Hub redevelopment project, calls for greater accountability in local governance have reached fever pitch. The stal...Published: 05 Jul 2025 at 10:22hrs | 229 | 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 | 792 | 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 | 204 | by Staff reporter
ZB major shareholder blocks Ernst & Young appointment
ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...Published: 04 Jul 2025 at 12:53hrs | 515 | 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 | 307 | 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 | 760 | 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 | 141 | 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 | 4205 | 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 | 1683 | 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 | 1061 | by Staff reporter
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