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Zimbabwe's amazing story
In most parts of the world, ownership of property and vehicles often comes with years of debt, mortgages and bank loans. Yet in Zimbabwe, a unique economic reality has been created, a culture where ci...Published: 01 Sep 2025 at 16:15hrs | 489 | by Engineer Jacob Kudzayi Mutisi
Marimo elected ZCTU Secretary General
The Zimbabwe Congress of Trade Unions (ZCTU) has elected Tirivanhu Marimo as its new secretary general, signaling a potential revival of active, non-partisan trade unionism in the country. Marimo succ...Published: 31 Aug 2025 at 10:26hrs | 103 | by Styaff reporter
Zimbabwean accountant's estate sequestrated for R17 million fraud
A Zimbabwean accountant has had his estate finally sequestrated after stealing millions of rand from his former employer, Johannesburg-based non-profit company Education and Training Unit (ETU)....Published: 29 Aug 2025 at 07:20hrs | 1470 | by Staff reporter
High bank charges hindering financial inclusion in Zimbabwe
High bank charges imposed by local financial institutions are choking financial inclusion in Zimbabwe and running contrary to best practices across the region, a new National Economic Consultative For...Published: 29 Aug 2025 at 06:01hrs | 586 | by Staff reporter
RBZ slams Zimbabwe banks over punitive fees
Zimbabwe's banks are facing criticism from both depositors and the Reserve Bank of Zimbabwe (RBZ) over the imposition of high fees and charges, which are increasingly seen as exploitative.RBZ ...Published: 28 Aug 2025 at 22:32hrs | 157 | by Staff reporter
Zimbabwe's gold exports soar
Zimbabwe's gold exports surged to US$1,385 billion in the first seven months of 2025, a 60,5 percent increase from the US$863,1 million recorded during the same period last year, according to the late...Published: 28 Aug 2025 at 06:53hrs | 375 | by Staff reporter
Mnangagwa's land and irrigation push sparks legal and corruption concerns
President Emmerson Mnangagwa on Monday handed out "title deeds" to 10,000 A1 farmers and launched a US$2 billion irrigation programme, promising to transform small-scale farming into a climate-resilie...Published: 27 Aug 2025 at 23:02hrs | 184 | by Staff reporter
Mnangagwa's title deeds scheme is unconstitutional and farmers risk losing their land
This article serves as a warning to farmers to be cautious today before they regret it tomorrow.President Emmerson Mnangagwa's recent handover of title deeds to 1,000 farmers at Craigengower F...Published: 27 Aug 2025 at 21:40hrs | 175 | by Tendai Ruben Mbofana
President Mnangagwa secures ancestral land and launches Production Booster Kit in Mazowe
President Dr ED Mnangagwa on Monday 25 August 2025, at Craigengower Farm in Mazowe, Mashonaland Central Province, presided over the National Launch of the Production Booster Kit Programme where he als...Published: 27 Aug 2025 at 21:33hrs | 162 | by Maxwell Haitengeswinyika Teedzai
Localised food shortages hit several districts
Some districts in Zimbabwe are facing food shortages despite improved yields in the 2024/25 agricultural season, prompting government intervention.The shortages come after the devastating El N...Published: 27 Aug 2025 at 06:06hrs | 450 | by Staff reporter
Top Zimbabwe business executive arrested for fraud
Prominent corporate executive Never Mhlanga is expected to appear in court this morning facing fraud charges linked to the controversial sale of Montclair Hotel and Casino in Juliasdale, Nyanga, to th...Published: 26 Aug 2025 at 13:09hrs | 2893 | by Staff reporter
RBZ begins production of redesigned ZiG banknotes
The Reserve Bank of Zimbabwe (RBZ) has commenced production of redesigned ZiG banknotes, set to enter circulation soon as part of the central bank's de-dollarisation roadmap, which targets a transitio...Published: 26 Aug 2025 at 07:55hrs | 493 | by Staff reporter
Mnangagwa dangles US$2 billion loan facility
President Emmerson Mnangagwa has unveiled a US$1.98 billion loan facility to be rolled out over the next decade to help farmers boost productivity and withstand the impacts of climate change through a...Published: 26 Aug 2025 at 07:49hrs | 470 | by Staff reporter
RBZ guarantees US$ 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 | 370 | 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 | 533 | 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 | 265 | 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 | 477 | 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 | 118 | 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 | 549 | by Tendai Ruben Mbofana
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 | 587 | 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 | 329 | 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 | 147 | 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 | 663 | 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 | 506 | 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
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 | 200 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 997 | by Staff reporter
The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 596 | by Staff Reporter
Khune enjoys scenic Zimbabwe escape with wife
Kaizer Chiefs goalkeeper and club legend Itumeleng Khune recently enjoyed a relaxing retreat in Zimbabwe alongside his partner, Siphelele, taking in the stunning beauty of the iconic Victoria Falls....Published: 13 Aug 2025 at 12:43hrs | 564 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 211 | by Staff reporter
How can Mnangagwa preach selflessness when his regime is master of self-interest and plunder?
It often seems that before lecturing others on morality, some people should first look in the mirror.President Emmerson Mnangagwa's Heroes Day interview with the state-controlled broadcaster Z...Published: 12 Aug 2025 at 21:24hrs | 460 | by Tendai Ruben Mbofana
Jabulani Khumalo banks on captured ConCourt to unseat Zuma
Former uMkhonto weSizwe (MK) Party leader Jabulani Khumalo has launched an urgent Constitutional Court application seeking to reclaim the party's top leadership position from former President Jacob Zu...Published: 12 Aug 2025 at 16:18hrs | 419 | by Staff reporter
Zimbabwe conducts digital currency survey
The Reserve Bank of Zimbabwe (RBZ) has intensified its preparations to introduce a Central Bank Digital Currency (CBDC) through a phased approach, starting with consumer perception surveys to gauge pu...Published: 12 Aug 2025 at 08:41hrs | 277 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 211 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 730 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 429 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 159 | by Staff reporter
Zimbabwe faces new threat from AI voice cloning scams
Last month, a disturbing case emerged from Canada where fraudsters used artificial intelligence to clone the voices of elderly Americans' grandchildren. Between 2021 and 2024, the ring targeted senior...Published: 08 Aug 2025 at 08:49hrs | 154 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 138 | by Staff reporter
POSB launches solar, Starlink loan scheme for schools
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, impac...Published: 07 Aug 2025 at 17:25hrs | 411 | by Staff reporter
CBZ appoints Mthimukhulu as Managing Director
CBZ Bank has appointed Valeta Mthimukhulu as its new Managing Director, marking a new chapter for Zimbabwe's largest financial institution.Mthimukhulu brings with her over 20 years of executiv...Published: 07 Aug 2025 at 15:15hrs | 680 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 174 | by Staff reporter
Lake Chivero crisis pushes wildlife and people to the edge
The stench of decay hangs heavy over Lake Chivero, long before the water even comes into sight. Once a shimmering lifeline for Harare's three million residents and a sanctuary for wildlife, the lake i...Published: 01 Aug 2025 at 13:07hrs | 340 | by Staff reporter
Constantine Chiwenga: get lost!
Mrs. Merry Chiwenga is a victim of Zanu PF dirty politics. The young woman was used to the point of becoming mad. She is accused of trying to murder Chiwenga: question is, who gave Merry orders to tem...Published: 29 Jul 2025 at 20:47hrs | 2042 | by Nomazulu Thata
Zimbabwe govt reads riot act over corrupt land subdivisions
Agriculture Deputy Minister Davis Marapira has issued a stern warning to corrupt officials and stakeholders, urging urgent action to protect dairy farmers' land through the finalisation of title deeds...Published: 26 Jul 2025 at 11:20hrs | 88 | by Staff reporter
Gold rush wreaks havoc in Mutare City
Mutare's Sakubva River, located near the city's bustling Central Business District, is under siege as waves of artisanal gold miners—commonly known as makorokoza - ravage the waterway and surroundin...Published: 25 Jul 2025 at 09:49hrs | 446 | by Staff reporter
Till operator on the run after allegedly stealing US$12,000
Police have launched a manhunt for Philisani Nyathi, a till operator at N. Richards Group, who is accused of stealing US$12,000 from the company on July 15, 2025.Masvingo Provincial Police Spo...Published: 23 Jul 2025 at 14:08hrs | 1115 | by Staff reporter
UK overtakes China as second-largest US Treasury holder
China's recorded holdings of US Treasuries have fallen below those of the UK for the first time since the start of the century, underlining a shift in Beijing's management of its foreign reserves....Published: 21 Jul 2025 at 19:41hrs | 344 | 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 | 225 | 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 | 215 | by Staff reporter
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