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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: 5 hrs ago | 49 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 6 hrs ago | 134 | 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 | 231 | 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 | 137 | by Staff reporter
Tagwirei, the military and power politics in Zimbabwe!
DEAR READER, it was on the 13th of May 2018 that Phineas Tagwirei, "father" to Kudakwashe Tagwirei a Zimbabwean tycoon with an avalanche of ''business'' interests quietly breathed his last at the trau...Published: 18 Jun 2025 at 07:41hrs | 1561 | by Dr P. Zamchiya
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 | 158 | by Staff reporter
Public vs Private Funding in African Sports Sector
The growth of sports across Africa depends heavily on where the money comes from. In many countries, both governments and private companies contribute to building the sector. However, how they fund an...Published: 17 Jun 2025 at 23:28hrs | 91 | 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 | 16448 | 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 | 126 | by Staff reporter
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 404 | by Staff reporter
GMB expands grain collection points
The Government has cautioned farmers against selling their maize and other grains to unscrupulous private buyers offering instant cash at prices far below the official rate, warning that such transact...Published: 13 Jun 2025 at 06:22hrs | 139 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 180 | by Staff reporter
Nedbank Zimbabwe wins US$2m Supreme Court case
The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...Published: 10 Jun 2025 at 17:20hrs | 886 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 305 | 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 | 423 | by Staff reporter
Real empowerment means financial independence, not State handouts
PRESIDENT Emmerson Mnangagwa's recent unveiling of a US$500 000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widespread debate and scepticism....Published: 09 Jun 2025 at 08:34hrs | 52 | by Tendai Ruben Mbofana
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 | 186 | by Staff reporter
Real empowerment means financial independence, not state handouts
The truth will set us free.President Emmerson Mnangagwa's recent unveiling of a US$500,000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widesp...Published: 07 Jun 2025 at 19:06hrs | 453 | by Tendai Ruben Mbofana
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | 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 | 145 | by Staff reporter
MPs grill Minister Masuka over bankability of new 'Title Deed'
Parliamentarians have raised concerns over the government's newly introduced comprehensive land tenure policy, pressing Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr. Anxious ...Published: 02 Jun 2025 at 16:18hrs | 459 | 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 | 161 | by Staff reporter
Zimbabwe's pension crisis: Full compensation for 2008 losses may take 100 years
Zimbabwe's pension funds have sounded the alarm over their inability to compensate retirees who lost their life savings during the 2008 economic collapse, warning that, at current fund levels, full re...Published: 30 May 2025 at 12:08hrs | 242 | by Staff reporter
Govt engages children, spouses of national heroes on title deeds
In a landmark move aimed at resolving long-standing issues around land ownership, the Government has initiated dialogue with children and spouses of national liberation heroes to transition them from ...Published: 29 May 2025 at 13:25hrs | 355 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 719 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 536 | by Staff reporter
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 1237 | by Tendai Ruben Mbofana
Zimbabwe missing out on mega EU loans - loans have to be paid back
Zimbabwe is missing out on crucial loans from Europe's largest financial institutions, including the European Investment Bank (EIB), due to its unsustainable debt burden, the European Union's ambassad...Published: 26 May 2025 at 08:16hrs | 50 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 109 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 425 | by Jacob Kudzayi Mutisi
Zimbabwe banks channel US$200m into agric sector
Zimbabwe's banking sector has injected approximately US$200 million to support the ongoing 2024/2025 summer cropping season, underscoring renewed efforts to revitalize agriculture, a sector long regar...Published: 22 May 2025 at 12:08hrs | 221 | by Staff reporter
Zimbabwe govt moves to break Tongaat Hulett's monopoly
The Zimbabwean government has announced plans to introduce new players into the sugarcane milling industry to break the monopoly held by Tongaat Hulett Zimbabwe, a move aimed at boosting competition, ...Published: 22 May 2025 at 12:07hrs | 890 | by Staff reporter
EU urges Zimbabwe firms to come up with bankable projects
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...Published: 22 May 2025 at 09:40hrs | 96 | by Staff reporter
US$43 million Victoria Falls project takes shape
ZIMRE Holdings Limited (ZHL), through its Eagle Real Estate Investment Trust (REIT), has commenced construction of the much-anticipated US$43 million Eagle Heights Mixed-Use Development in Victoria Fa...Published: 20 May 2025 at 09:45hrs | 195 | by Staff reporter
Cereal imports ban looms in Zimbabwe
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has recommended a ban on cereal imports in a move aimed at boosting the local grain market and strengthening Zimbabwe's food ...Published: 19 May 2025 at 09:18hrs | 376 | by Staff reporter
SA police recover stolen car attempting to cross into Zimbabwe via Limpopo River
Members of Provincial Anti-Smuggling Team in Limpopo have intercepted a suspected stolen white Toyota Corolla Cross vehicle intended to be smuggled to neighbouring Zimbabwe.Police spokesperson...Published: 16 May 2025 at 14:58hrs | 733 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 567 | by Staff reporter
Zimbabwe land reform scam - 13 years after the genocide in Matebeleland and Midlands
This article intends to capture the poignant moment when Zanu began its unpunished abuse of public office soon after Zimbabwe's independence.All along Zanu felt a false sense of achievement in...Published: 14 May 2025 at 21:00hrs | 354 | by Moses Mzila Nkalange (Ndlovu)
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 162 | by Staff reporter
'Zimbabwe title deeds within Constitutional framework'
The issuance of title deeds to A1 and A2 farmers, a policy introduced by President Emmerson Mnangagwa last year, is being carried out in full compliance with Zimbabwe's Constitution, Minister of Lands...Published: 13 May 2025 at 10:12hrs | 208 | by Staff reporter
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 115 | by Staff reporter
Education Minister to personally monitor school reopening nationwide
Primary and Secondary Education Minister Torerai Moyo has announced plans to personally visit schools across the country this week to ensure a smooth start to the second term, amid common concerns aro...Published: 12 May 2025 at 08:44hrs | 830 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 835 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2424 | by Roland Mpofu I iol
ZACC arrests couple over US$415,000 Mbare biogas scandal
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two directors of a private company accused of looting over US$415,000 intended to bring clean energy to Mbare through a biogas project - a s...Published: 08 May 2025 at 09:44hrs | 372 | by Staff reporter
Hard work pays - farming is good business
The 1924/25 tobacco farming season was a resounding success for both the farmers and country. Growing tobacco is labour intensive but the rewards and profits far outweigh the moments when shoulders ar...Published: 07 May 2025 at 19:42hrs | 703 | by Tondo Murisa
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3779 | by Staff reporter
Zimbabwe Agricultural Show begins preparations for 2025 agric show
The Zimbabwe Agricultural Society (ZAS) has commenced preparations for the 115th edition of the Zimbabwe Agricultural Show, with this year's event set to run from August 25 to 30 under the theme "Buil...Published: 07 May 2025 at 09:35hrs | 118 | by Staff reporter
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