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Kariba rehabilitation reaches key milestone
The Zambezi River Authority (ZRA) has achieved a significant breakthrough in the US$294 million Kariba Dam Rehabilitation Project, completing the final leakage test on Sluice 6 of the dam's spillway....Published: 13 hrs ago | 320 | by Staff reporter
RBZ to engage mobile operators on currency parity
The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar un...Published: 15 hrs ago | 366 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 331 | by Staff reporter
IDBZ manager probed in student facility fraud
The Infrastructure and Development Bank of Zimbabwe (IDBZ) has launched an investigation into former senior manager Suckson Muswe, formerly known as Makwasha, over allegations that he inflated costs d...Published: 24 Aug 2025 at 19:16hrs | 496 | by Staff reporter
Bulawayo water, sewer woes persist
As Bulawayo enters the final quarter of 2026, water shortages, frequent sewer bursts, and crumbling service delivery continue to fuel tensions between residents and the city council.Interviews...Published: 24 Aug 2025 at 14:40hrs | 129 | by Staff reporter
Zimra's new system sees number of tax payers double
Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures pr...Published: 24 Aug 2025 at 09:51hrs | 440 | by Staff reporter
Bulawayo's food insecure received pay outs
More than 39 000 vulnerable and food-insecure people in Bulawayo received monthly allowances of up to US$13 between October 2024 and mid-2025, Parliament has been informed.Public Service, Labo...Published: 24 Aug 2025 at 09:50hrs | 121 | by Staff reporter
+40,000 vehicles vanish after entering Zimbabwe
The Zimbabwe Revenue Authority (Zimra) has failed to account for more than 40 000 vehicles that entered the country under Temporary Import Permits (TIPs), according to the latest Auditor-General's rep...Published: 24 Aug 2025 at 09:23hrs | 929 | by Staff reporter
Mnangagwa to hand over 1,000 title deeds
President Emmerson Mnangagwa will tomorrow preside over the largest single issuance of title deeds under the Presidential Title Deeds Programme, delivering documents to 1 000 farmers at Craigengower F...Published: 24 Aug 2025 at 09:19hrs | 281 | by Staff reporter
SEO that converts in financial services - Why Absolute Digital Media leads the global pack
In the fast-evolving world of financial services, visibility is no longer optional - it's critical. Brands operating in competitive financial sectors need more than just a basic online presence. They ...Published: 23 Aug 2025 at 22:06hrs | 53 | by Ben Austin
Zvigananda laugh while words replace justice in Zimbabwe
In Zimbabwe, corruption is no longer an occasional scandal; it has become a daily torment. Every time Vice-President Constantino Chiwenga steps up to speak, Zimbabweans are treated to fiery speeches c...Published: 23 Aug 2025 at 18:01hrs | 486 | by Staff reporter
Zimbabwe's 2008 financial crash continues to haunt regulators
More than 15 years after Zimbabwe's 2008 financial collapse, the country's financial sector is once again under scrutiny as an estate developer has taken legal action against the Reserve Bank of Zimba...Published: 22 Aug 2025 at 13:20hrs | 231 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 406 | by Staff reporter
How to tell if you are financially ready for franchise ownership
Franchise ownership can be an exciting way to step into entrepreneurship with the support of an established brand. Unlike starting a business from scratch, franchises offer proven systems, training, a...Published: 22 Aug 2025 at 12:56hrs | 83 | by Staff Reporter
NSSA, NBS drive affordable housing
Over the past three years, the National Social Security Authority (NSSA) has developed more than 1,700 residential stands, while its banking arm, the National Building Society (NBS), has constructed o...Published: 22 Aug 2025 at 09:44hrs | 230 | by Staff reporter
MPs push for formalisation of informal sector
MEMBERS of Parliament (MPs) have urged government to formalise Zimbabwe's vast informal sector, broaden the tax base and urgently review what they described as an unfair tax burden on the poor....Published: 22 Aug 2025 at 09:40hrs | 57 | by Staff reporter
Nearly four years on, still no answers to Douglas Munatsi death
IT is now three years and nine months since the tragic and mysterious death of Douglas (Doug) Tawanda Munatsi, yet the Zimbabwe Republic Police (ZRP) and the government of Zimbabwe have offered no off...Published: 22 Aug 2025 at 09:34hrs | 516 | by Eng. Jacob K Mutisi
Fong-kong receipts alleged in Highlanders FC player deal
Bulawayo Chiefs Football Club president, Mr Lovemore Sibanda, has told the court that receipts issued for the transfer of two of his club's players to Highlanders FC were fake.Mr Sibanda testi...Published: 21 Aug 2025 at 16:20hrs | 553 | by Staff reporter
Are Zimbabwe economic growth rates real?
Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and i...Published: 21 Aug 2025 at 13:08hrs | 259 | by Delani Mangena
Employees in $1.5 million illegal forex transfers to UAE
Two employees of a Harare-based company have appeared in court for allegedly operating an unlicensed money transfer business that moved more than US$1.5 million offshore.Kudzai Munatsi, 37, of...Published: 21 Aug 2025 at 08:46hrs | 393 | by Staff reporter
Zimbabwe turns to Japan for energy investments
Zimbabwe is exploring investment and technological partnerships with Japanese energy companies and government agencies to tackle one of the country's worst power shortages in decades. Households and b...Published: 21 Aug 2025 at 08:41hrs | 138 | by Staff reporter
Zimbabweans will never be fooled into celebrating looters disguised as entrepreneurs
The gaslighting and deception may continue, but a wolf in sheep's clothing will never become a sheep.When Chief Presidential Communications Director Dr. Anyway Mutambudzi declared that Zimbabw...Published: 20 Aug 2025 at 22:38hrs | 546 | by Tendai Ruben Mbofana
Stanbic Bank sponsored Stragglers Cricket week returns with 540 players
Zimbabwe's flagship junior cricket development initiative, the Stragglers Junior Cricket Week, is set to commence on 25 August, bringing together 540 aspiring cricketers for a week of immersive traini...Published: 20 Aug 2025 at 22:32hrs | 129 | by Agencies
Tembeka Nicolas Ngcukaitobi, your legal reputation could be on the line!
Having had the Lungu case decided conclusively in court by three judges, a sudden twist of events followed immediately after the ruling. The Lungu family must have prepared themselves for both outcome...Published: 20 Aug 2025 at 21:10hrs | 566 | by Nomazulu Thata
RBZ restores RTGS system after technical fault
The Reserve Bank of Zimbabwe (RBZ) says it has restored the Real Time Gross Settlement (RTGS) system following a technical fault that disrupted transfers and some cross-border transactions since Tuesd...Published: 20 Aug 2025 at 18:16hrs | 327 | by Staff reporter
CBZ appoints Group Chief Risk Officer
CBZ Holdings has announced the appointment of Eunice Mujekenyeki as its new Group Chief Risk Officer, bringing over two decades of experience in the financial services sector to the role.Ms. M...Published: 20 Aug 2025 at 18:15hrs | 548 | by Staff reporter
The horrors of Gukurahundi and complicity of World Bank and IMF
To put it into perspective, Gukurahundi was characterised by inversion of human rights violations, including torture, disappearances, abductions, sexual molestation, rape, ethnic profiling and arbitra...Published: 20 Aug 2025 at 13:40hrs | 336 | by Dr Gorden Moyo
South Africa is in serious trouble
South Africa has been hit by some of the highest tariffs of any country, with increased duties placed on its goods exported to the United States. At 30%, the tariffs on South Africa are t...Published: 20 Aug 2025 at 11:07hrs | 1768 | by Staff reporter
Zimbabwe secures extradition of 22 fugitives
Zimbabwe is set to receive 22 suspected criminals extradited from countries including South Africa, Botswana, Portugal and the United Arab Emirates (UAE) in what authorities say could be the country's...Published: 20 Aug 2025 at 09:06hrs | 302 | by Staff reporter
Hospital accountant jailed 12 years for US$123,000 fraud
A 30-year-old accountant has been sentenced to 12 years in prison after defrauding his employer, a private hospital in Harare, of more than US$123,700, ZW$15.3 million, and ZiG95,409.Tonderai ...Published: 19 Aug 2025 at 19:12hrs | 1151 | by Staff reporter
Pastors4ED question disbursement of Presidential fund method
Tension briefly flared at the Masvingo Agricultural Showgrounds when members of Pastors4ED voiced frustration over the method of receiving their share of the Presidential Empowerment Revolving Fund....Published: 19 Aug 2025 at 19:09hrs | 390 | by Staff reporter
AfDB projects 6% economic growth for Zimbabwe
The African Development Bank (AfDB) has projected that Zimbabwe is on track to achieve a six percent economic growth rate this year, supported by stability and recovery across key productive sectors....Published: 19 Aug 2025 at 18:51hrs | 134 | by Staff reporter
RBZ to regulate AI in Zimbabwe's banks
The Reserve Bank of Zimbabwe (RBZ) is developing specific rules to regulate the use of artificial intelligence (AI) within the country's financial institutions, signaling a major step toward modernizi...Published: 19 Aug 2025 at 18:30hrs | 144 | by Staff reporter
RBZ hit by technical glitch
The Reserve Bank of Zimbabwe (RBZ) has informed the public of a technical issue currently affecting its network, which may lead to delays in various banking services.In a notice issued on 18 A...Published: 19 Aug 2025 at 12:28hrs | 655 | by Staff reporter
Harare paid millions on roads that don't exist
Harare faces fresh scrutiny after reports revealed that millions of US dollars were paid for the rehabilitation of 43 roads that were never constructed. A 2019 internal audit confirmed that, despite f...Published: 19 Aug 2025 at 12:08hrs | 1001 | by Staff reporter
Zimbabwean startups join Visa's Fintech Accelerator
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...Published: 19 Aug 2025 at 12:06hrs | 188 | by Staff reporter
Rand manipulators taken to ConCourt
The Constitutional Court will hear the Competition Commission's bid to overturn a ruling that cleared major banks of wrongdoing in a decade-long rand manipulation case. The proceedings are scheduled f...Published: 19 Aug 2025 at 11:04hrs | 503 | by Staff reporter
Digital shift boosts Zimbabwe's tax collections
Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save tim...Published: 19 Aug 2025 at 09:02hrs | 142 | by Staff reporter
ZiG gains traction in domestic transactions
The Zimbabwe Gold (ZiG) currency is gaining momentum in the domestic financial system, now accounting for 40 percent of electronic payment transactions, six months after a strategic push by the Reserv...Published: 19 Aug 2025 at 08:53hrs | 133 | by Staff reporter
If Mnangagwa wants to know what 'nyika inovakwa nevene vayo' really means, he should learn from Rhodesians!
Sometimes, words are cheap, and it is often those who boast the most who achieve the least.When the late Robert Mugabe popularized the phrase 'nyika inovakwa nevene vayo' - and his successor E...Published: 19 Aug 2025 at 08:08hrs | 424 | by Tendai Ruben Mbofana
ZIMRA Officially Commissions TaRMS
The Zimbabwe Revenue Authority (ZIMRA) proudly announces the official commissioning of its Tax Administration and Revenue Management System (TaRMS) on the morning of August 18th. This landmark occasio...Published: 19 Aug 2025 at 07:53hrs | 801 | by ZIMRA
RBZ orders banks to report on rural financial literacy outreach
The Reserve Bank of Zimbabwe (RBZ) has stepped up efforts to promote financial literacy in rural and marginalised communities, directing all banks and microfinance institutions to submit quarterly upd...Published: 18 Aug 2025 at 08:42hrs | 199 | by Staff reporter
CBZ manager fired over missing RTGS3,000
A former Commercial Bank of Zimbabwe (CBZ) branch manager who was fired over financial irregularities involving RTGS3 000 has lost his appeal at the Labour Court, which upheld his dismissal.Co...Published: 17 Aug 2025 at 10:11hrs | 425 | by Staff rporter
Bulawayo turns to groundwater to tackle water shortages
The Bulawayo City Council and the Zimbabwe National Water Authority (Zinwa) are exploring innovative groundwater extraction solutions in a bid to address the city's persistent water shortages. The ini...Published: 17 Aug 2025 at 10:02hrs | 125 | by Staff rporter
Ex-bank consultant jailed for US$23,000 fraud
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent lo...Published: 16 Aug 2025 at 13:25hrs | 160 | by Staff reporter
Funds looted in shocking Harare 'ghost projects' scandal
Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried ...Published: 16 Aug 2025 at 13:17hrs | 108 | by Staff reporter
Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 16 Aug 2025 at 13:13hrs | 472 | by Staff reporter
Minister defends SANDF General's Iran trip
Defence Minister Angie Motshekga has strongly defended South African National Defence Force (SANDF) Chief General Rudzani Maphwanya's recent visit to Iran, insisting the trip was properly approved las...Published: 15 Aug 2025 at 17:20hrs | 500 | by Staff reporter
Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 15 Aug 2025 at 14:22hrs | 525 | by Staff reporter
FBC urges clear Zimbabwe de-dollarisation framework
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves....Published: 15 Aug 2025 at 08:55hrs | 399 | by Staff reporter
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