Search / Billion
Patrice Motsepe re-elected unopposed as CAF President
South African billionaire and mining magnate Patrice Motsepe has been re-elected unopposed for a second term as president of the Confederation of African Football (CAF) during the body's extraordinary...Published: 12 Mar 2025 at 16:12hrs | 163 | by Staff reporter
Ramaphosa's ANC to increase VAT for South Africa
Finance minister Enoch Godongwana has proposed a 0.5 percentage point increase for value-added tax (VAT) in the 2025/26 financial year, followed by a further 0.5 percentage point increase in 2026/27....Published: 12 Mar 2025 at 15:11hrs | 305 | by Staff reporter
USAID staff told to shred and burn classified documents
Staff at the US Agency for International Development (USAID) have been told to shred and burn classified documents and personnel files.The request raised alarm among employees and labour group...Published: 12 Mar 2025 at 10:28hrs | 1057 | by Staff reporter
Zinara allocates ZiG11.6bn for road rehabilitation in 2025
The Zimbabwe National Road Administration (ZINARA) has set aside ZiG11.6 billion for the Emergency Road Rehabilitation Programme 2 (ERRP2) this year, marking a significant increase from the ZiG4.6 bil...Published: 12 Mar 2025 at 07:43hrs | 447 | by Staff reporter
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 456 | by Staff reporter
Social unrest warning for South Africa
The uMkhonto weSizwe (MK) Party has issued a stern warning to the South African government, threatening widespread protests if the revised budget - set to be presented on Wednesday, 12 March - include...Published: 11 Mar 2025 at 17:13hrs | 1954 | by Staff reporter
POSB scandalous sale deal comes under scrutiny
Despite the questionable agreement surrounding the state-owned People's Own Savings Bank (POSB), Attorney-General Virginia Mabiza's correspondence with the bank's management and a directive from Presi...Published: 11 Mar 2025 at 08:06hrs | 847 | by Staff reporter
USAID suspends 83% of programs, leaving Zimbabwe and Africa in crisis
Health, education, and various other sectors in Zimbabwe and across Africa face a tough period ahead following the announcement that 83% of USAID-funded programs have been suspended.United Sta...Published: 11 Mar 2025 at 07:20hrs | 5832 | by Staff reporter
Mining companies initiate major overhaul for Cross Dete-Binga road
The Cross Dete-Binga Road is set for a major rehabilitation this month, following a partnership between the Government and two mining companies in Matabeleland North province. This development aims to...Published: 11 Mar 2025 at 07:16hrs | 272 | by Staff reporter
Minister optimistic on Gwayi-Shangani Dam deadline
Matabeleland North Provincial Affairs and Devolution Minister, Richard Moyo, has called on Treasury to urgently release funds for the Gwayi-Shangani Dam project, emphasizing that the project's complet...Published: 09 Mar 2025 at 13:21hrs | 189 | by Staff reporter
Emmerson Mnangagwa and the 26 criminals around him
In November 2017, former President Robert Mugabe was removed from office and his crime, according to the putschists who ousted him in a coup, was that he had allowed himself to be surrounded by crimin...Published: 08 Mar 2025 at 15:51hrs | 1581 | by Luke Tamborinyoka
Zimbabwe eyes new steel ventures as Ziscosteel's demise remains unresolved
In a striking display of priorities, government and Zanu-PF officials are extolling new industrial projects while leaving unresolved the fate of Zimbabwe's once-proud steel manufacturer, Ziscosteel. O...Published: 08 Mar 2025 at 14:52hrs | 1783 | by Staff reporter
'Starlink not allowed to operate in South Africa because Elon Musk is not black'
THE world's richest man, South African-born Elon Musk is once again spewing disinformation on his platform X.X's generative AI, Grok, identified Musk, a member of the US Department of Governme...Published: 08 Mar 2025 at 14:41hrs | 362 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2018 | by Staff reporter
Forty-Five Years On: The Bitter Aftertaste of a forced colonial marriage
On the Fast Lane to 2030: Awakening the African Mindset Forty-five years ago, the Great Republic of Zimbabwe emerged from the suffocating grip of a forc...Published: 05 Mar 2025 at 16:34hrs | 714 | by Maxwell Haitengeswinyika Teedzai
Mnangagwa's attempts at portraying Zimbabwe and Cuba as 'sanctions victims' is absurd as Havana succeeds where Harare fails
The Zimbabwe regime appears unable to stop ridiculing itself on the global stage.The recent visit to Zimbabwe by the President of the National Assembly of People's Power and the Council of Sta...Published: 05 Mar 2025 at 16:29hrs | 890 | by Tendai Ruben Mbofana
Ramaphosa criticizes South Africa's white right-wing groups
President Cyril Ramaphosa has lashed out at white right-wing organizations in South Africa, particularly Afriforum and the Solidarity Movement, for their recent decision to travel to the United States...Published: 01 Mar 2025 at 09:30hrs | 1192 | by Staff reporter
NetOne's OneMoney aims to revolutionise financial inclusion in Zimbabwe
NetOne's mobile financial services subsidiary, ONE Money, is set to transform financial inclusion in Zimbabwe by offering a suite of innovative products and services designed to reach the country's un...Published: 01 Mar 2025 at 09:20hrs | 124 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 202 | by Staff reporter
Why is the Mnangagwa regime indifferent to how corruption and human rights abuses are tainting Zimbabwe's image?
In recent years, Zimbabwe has witnessed a disturbing entrenchment of authoritarian practices under President Emmerson Mnangagwa's leadership.The regime's blatant disregard for human rights, ra...Published: 28 Feb 2025 at 11:26hrs | 475 | by Tendai Ruben Mbofana
Zimbabwe could clear arrears with bold reforms
Zimbabwe could clear its arrears and rework $21 billion in debt that's kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms, the Wor...Published: 27 Feb 2025 at 11:05hrs | 356 | by Staff reporter
Zimbabwe spends US$1.6 billion on second-hand car imports
Zimbabweans have spent a staggering US$1.6 billion on importing second-hand vehicles over the past six years, highlighting the need to revive the local automotive industry, Industry and Commerce Minis...Published: 27 Feb 2025 at 11:00hrs | 147 | by Staff reporter
Journalism is not a crime, but looting national resources surely is!
On Monday, February 24, 2025, Blessed Mhlanga, a senior journalist with Alpha Media Holdings, handed himself over to the Zimbabwe Republic Police at Harare Central Police Station.Hours later, ...Published: 26 Feb 2025 at 22:04hrs | 618 | by Tendai Ruben Mbofana
More funding woes for Zimbabwe NGOs
Zimbabwe and other African nations are set to face increased pressure on their health, education, and development sectors following major international aid cuts by the United Kingdom (UK) and Netherla...Published: 26 Feb 2025 at 16:20hrs | 8833 | by Staff reporter
Zimbabwe's liberation was the greatest farce of all time
The truth can be a bitter pill to swallow, but it needs to be taken if we are to heal our nation.Zimbabwe's liberation struggle, celebrated as a triumph over colonial oppression when independe...Published: 25 Feb 2025 at 21:11hrs | 1151 | by Tendai Ruben Mbofana
Zimbabwe NGOs beware - UK set to cut international aid
The cut is part of a plan to make Britain spend 2.6% of its GDP on defense starting 2027, the prime minister has saidBritain is to cut its foreign development assistance funding from 0.5% of i...Published: 25 Feb 2025 at 20:05hrs | 875 | by Staff reporter
War veterans agree with Geza
A growing faction of Zimbabwe's war veterans is throwing its weight behind Zanu-PF central committee member Blessed "Bombshell" Geza's call for President Emmerson Mnangagwa to step down, as discontent...Published: 25 Feb 2025 at 16:28hrs | 5245 | by Staff reporter
Biden, Blinken face ICC war crimes probe over Gaza genocide support
Human rights advocacy organisation DAWN has requested that the International Criminal Court (ICC) investigate former US officials, President Joe Biden, Secretary of State Antony Blinken, and Secretary...Published: 25 Feb 2025 at 13:40hrs | 534 | by Staff reporter
Zimbabwe's lucrative NGO space dealt another blow as Netherlands cuts support
Zimbabwean non-governmental organisations (NGOs) that rely on Dutch funding are facing a major setback following the Netherlands government's decision to cut €2.4 billion in international developmen...Published: 25 Feb 2025 at 13:15hrs | 572 | by Staff reporter
Zimbabwe expands steel industry as global plants shut down
While steel plants worldwide face closures, Zimbabwe is making significant strides in expanding its steel industry. President Emmerson Mnangagwa has officiated at the groundbreaking ceremony for the U...Published: 24 Feb 2025 at 17:01hrs | 1016 | by Staff reporter
Mnangagwa to launch US$3.6 billion energy industrial park in Beitbridge
President Mnangagwa is expected in Beitbridge today for the ground-breaking ceremony of the Palm River Energy and Metallurgical Special Economic Zone (SEZ), a collaborative project between the Governm...Published: 24 Feb 2025 at 08:48hrs | 439 | by Staff reporter
Zimbabwe ranks highest corrupt country in SADC for 2024 by TI
Zimbabwe has come out as the worst corrupt country in SADC in 2024, according to the latest data from discredited Transparency International coming only ahead of a war-torn DRC.This was also t...Published: 22 Feb 2025 at 09:52hrs | 1210 | by Staff reporter
Blow for regime change tool USAid
A federal judge on Friday cleared the way for one of the Trump administration's remaining steps in its dismantling of the U.S. Agency for International Development, allowing it to move forward with pu...Published: 22 Feb 2025 at 09:44hrs | 1079 | by Staff reporter
Great Zimbabwe Hydro-Power, Lake Mutirikwi ready for NDS-2
MASVINGO - The Great Zimbabwe Hydro-power plant at Lake Mutirikwi and other prominent sites are ready to continue transforming several communities within ...Published: 21 Feb 2025 at 13:12hrs | 6622 | by Gideon Madzikatidze/Simbarashe Sithole recently in Mutirikwi
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1491 | by NewsHawks
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 255 | by Staff reporter
Zanu-PF returns Zimbabwe to the stone age
That Zimbabwe's health sector is broken is a public secret, but the alarming decline under Zanu-PF's 45-year rule has reached new depths of crisis.A widely circulated photo showing a patient a...Published: 16 Feb 2025 at 14:57hrs | 1014 | by Staff reporter
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 404 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 185 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 409 | by Staff reporter
Trump pushes to relocate Afrikaners
United States President Donald Trump is reportedly moving ahead with plans to offer asylum or refugee status to South African nationals of Dutch descent, known as Afrikaners. The controversial initiat...Published: 13 Feb 2025 at 09:41hrs | 432 | by Staff reporter
Sanctions must fall for Zimbabwe to thrive
Citizens Against Economic Sanctions Zimbabwe (CAESZ) has pledged to ramp up its campaign calling for the removal of economic sanctions imposed by Western countries, which it says are stifling Zimbabwe...Published: 12 Feb 2025 at 15:14hrs | 282 | by Staff reporter
Zimbabwe isn't yet ready for a sole currency, finance chief says
Zimbabwe's Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines before it can adopt the ZiG as its sole currency."We need a few things in place...Published: 12 Feb 2025 at 15:00hrs | 404 | by Staff reporter
Musk calls for shut down Voice of America, Radio Free Europe
United States billionaire Elon Musk, head of the Department of Government Efficiency, has called for the shutdown of U.S. government-funded propaganda machines Radio Free Europe/Radio Liberty, and Voi...Published: 12 Feb 2025 at 14:42hrs | 424 | by Staff reporter
Zimbabwe Braces for HIV Resurgence as US Aid Evaporates
Rumbidzai, a sex worker from the bustling settlement of Epworth in Harare, has been taking antiretroviral drugs since 2017. For over two years, the mother of three has relied on mobile clinics that re...Published: 12 Feb 2025 at 11:29hrs | 393 | by Staff reporter
Zimbabwe in massive maize, wheat imports
Zimbabwe has imported 1.3 million metric tonnes of maize and wheat through the private sector to alleviate ongoing shortages caused by poor land utilisation, lack of funding, inadequate farming capaci...Published: 12 Feb 2025 at 11:21hrs | 176 | by Staff reporter
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 651 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 251 | by Staff reporter
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1164 | by Tendai Ruben Mbofana
Bulawayo residents demand better representation from councillors
The Bulawayo Progressive Residents Association (BPRA) has called on city councillors to address residents' concerns with honesty and transparency, emphasizing the need for clear communication on counc...Published: 10 Feb 2025 at 19:08hrs | 193 | by Staff reporter
Load More Stories
