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ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 247 | by Staff reporter
Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1664 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 184 | by Staff reporter
Edgars Zimbabwe customers seek longer payment plans
Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...Published: 21 Jul 2025 at 12:27hrs | 275 | by Staff reporter
Econet reports 44% surge in voice calls
Econet Wireless Zimbabwe has reported a remarkable 44 percent year-on-year increase in voice call volumes for the quarter ended May 31, 2025, defying industry expectations that traditional voice servi...Published: 21 Jul 2025 at 12:20hrs | 102 | by Staff reporter
Stanbic Bank Beyond Borders: Empowering Zimbabwean Businesses for Regional Integration
Stanbic Bank Zimbabwe recently held a business breakfast - Beyond Borders Breakfast – which marked a defining moment for Zimbabwean enterprises eyeing regional and international expansion.Th...Published: 19 Jul 2025 at 09:38hrs | 214 | by Agencies
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1507 | by Staff reporter
Econet expands Kancane Kancane smartphone credit scheme
Econet Wireless Zimbabwe has expanded its popular Kancane Kancane smartphone credit scheme by extending the repayment period from just three months to up to 24 months, with no initial deposit required...Published: 17 Jul 2025 at 20:31hrs | 230 | by Staff reporter
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 | 532 | by Staff reporter
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 | 726 | 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: 14 Jul 2025 at 07:54hrs | 223 | 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 | 368 | 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 | 114 | 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 | 840 | 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 | 201 | 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 | 83 | by Staff reporter
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 | 372 | 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 | 2416 | 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 | 985 | 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 | 233 | 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 | 516 | 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 | 763 | 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 | 661 | by Staff reporter
Dzvukamanja joins Scottland FC
Zimbabwe international Terrence Dzvukamanja has officially joined Premier Soccer League side Scottland FC as their first signing of the mid-season transfer window, bolstering the club's attacking opti...Published: 02 Jul 2025 at 18:29hrs | 563 | 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 | 194 | by Brighton Musonza
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
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1643 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1725 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 641 | by Staff reporter
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 282 | by Tendai Ruben Mbofana
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
Musarara facing possible suspension from Zanu-PF
Senior Zanu-PF member Tafadzwa Musarara is facing possible suspension amid renewed factional battles within Mashonaland Central province, sources say. The provincial party leadership is reportedly orc...Published: 23 Jun 2025 at 11:00hrs | 240 | by Staff reporter
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 116 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
BREAKING: David Chapfika dies in tragic car accident
Former Deputy Minister of Finance and long-serving ZANU PF politician David Chapfika has died in a fatal road accident near Chabwino, along the bridge at Stondon, authorities confirmed on Thursday....Published: 19 Jun 2025 at 13:33hrs | 4647 | by Staff reporter
Council in bond paper scandal
Karoi Town Council is at the centre of a damning procurement scandal after it emerged that the local authority ordered safety equipment worth US$1,100 but instead received bond paper in what lawmakers...Published: 19 Jun 2025 at 11:31hrs | 430 | by Staff reporter
Mukuru named among top cross-border payment providers
Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 F...Published: 19 Jun 2025 at 11:25hrs | 252 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 171 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
Zimbabwe liquidates four failed banks
Four banks that collapsed between 2004 and 2008 have been officially liquidated, marking a significant milestone in Zimbabwe's financial sector. Hopewell Zinyau, Chief Executive Officer of the Deposit...Published: 16 Jun 2025 at 15:08hrs | 16672 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 138 | by Staff reporter
NBSZ launches staunch defence of blood prices after outcry
The National Blood Services of Zimbabwe (NBSZ) has strongly defended its pricing structure amid growing public outrage over the high cost of blood in some private healthcare institutions, where patien...Published: 12 Jun 2025 at 18:44hrs | 45 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Zimbabwean women make gains in property ownership
Women in Zimbabwe are making significant strides in securing access to economic resources such as land, property, and digital financial services, according to findings from the 2023–2024 Zimbabwe De...Published: 08 Jun 2025 at 13:30hrs | 212 | by Staff reporter
Town Council cracks down on land hoarding
Rusape Town Council has passed a bold resolution aimed at curbing land hoarding by requiring both residential and commercial landowners to develop their stands within 12 months or risk repossession....Published: 08 Jun 2025 at 13:19hrs | 166 | by Staff reporter
Zanu-PF MP calls for improved network coverage in rural Matebeleland
Gwanda South legislator and Deputy Minister of Information, Dr Ompile Marupi, has urged Zimbabwe's telecommunications companies to adopt infrastructure sharing models to address persistent network con...Published: 08 Jun 2025 at 12:42hrs | 135 | by Staff reporter
Stanbic named best banking brand in Zimbabwe
Stanbic Bank Zimbabwe has been named the Best Banking Brand in Zimbabwe by the internationally acclaimed Global Brands Magazine, further cementing its reputation as a leader in the financial services ...Published: 05 Jun 2025 at 11:35hrs | 147 | by Staff reporter
ZETDC ring-fences 150MW to power winter wheat farming
In a major boost for Zimbabwe's agricultural sector, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has ring-fenced 150 megawatts (MW) of electricity specifically for winter wh...Published: 02 Jun 2025 at 16:19hrs | 66 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 163 | by Staff reporter
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