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Drama erupts at Harare Council Meeting as suspended town clerk shows up
Tension filled the air at the Harare Town House on Tuesday as embattled town clerk Hosiah Chisango attended an ordinary council sitting, despite being under suspension and barred from entering the wor...Published: 02 Oct 2024 at 07:58hrs | 524 | by Staff reporter
Mafume suspends town clerk Chisango
Harare mayor Jacob Mafume has suspended Town Clerk Hosiah Chisango on allegations of misconduct, including the unauthorized awarding of a street lighting tender to a blacklisted company and unlawfully...Published: 01 Oct 2024 at 14:30hrs | 291 | by Staff reporter
Zimbabwe central bank bites back
This year, authorities in Zimbabwe have recorded over 1,100 cases of debit card abuse linked to backstage black market dealers, highlighting the ongoing challenges of a protracted currency crisis. The...Published: 20 Sep 2024 at 09:35hrs | 6109 | by Staff reporter
Zera urges motorists to sue contaminated fuel retailers
Motorists whose vehicles were damaged by contaminated fuel from blacklisted service stations may have legal grounds for compensation, according to the Zimbabwe Energy Regulatory Authority (Zera)....Published: 06 Sep 2024 at 14:40hrs | 79 | by Staff reporter
Zimbabwe businessman scams jobseekers
Herbert Maganga, a Harare businessman and owner of Omar Global Consultants, is alleged to have defrauded jobseekers by promising them employment on cruise ships. Maganga reportedly charge...Published: 18 Aug 2024 at 13:52hrs | 331 | by Staff reporter
Blacklisted company dragged to court over proceeds
Melomack Holdings, recently blacklisted by the government for inflating tender figures, is now facing legal action from its partners, Hutire Construction and Hasmo Global (Pvt) Ltd, for failing to dis...Published: 06 Aug 2024 at 11:16hrs | 746 | by Staff reporter
Black-listed govt suppliers face arrest
The Zimbabwean government is set to freeze the bank accounts of 51 suppliers blacklisted for illegal foreign currency dealings. Information, Publicity, and Broadcasting Services permanent ...Published: 03 Aug 2024 at 12:53hrs | 198 | by Staff reporter
Zimbabwe shops continue to reject ZiG
The surge in black-market exchange rates, which peaked at US$1:25 ZiG, has led some businesses in Bulawayo to reject transactions in Zimbabwe Gold (ZiG), defying government directives. This defiance u...Published: 30 Jul 2024 at 07:39hrs | 1846 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 26 Jul 2024 at 06:33hrs | 490 | by Staff reporter
Finance Ministry blacklists 51 govt suppliers
The Treasury has blacklisted 51 government contractors for engaging in black market activities after receiving payments in local currency. Treasury boss Mthuli Ncube state...Published: 25 Jul 2024 at 12:48hrs | 863 | by Staff reporter
'Blacklisting contracted firms that fail to deliver'
Legislators have implored government to identify and blacklist companies that fail to deliver goods and services to government departments despite having won tenders and further accepted upfront payme...Published: 21 Jul 2024 at 13:33hrs | 411 | by Staff reporter
Zupco forced to suspend operation
The Zimbabwe Passenger Company (Zupco) has been forced to suspend operations due to a fuel shortage, despite the country having adequate fuel supplies. This crisis, ongoing for three weeks, is...Published: 04 Jun 2024 at 12:52hrs | 8 | by Staff reporter
Reserve Bank of Zimbabwe appoints tainted Mpofu
TRUST, confidence and credibility of the Reserve Bank of Zimbabwe (RBZ) has been put at stake after the new central bank governor John Mushayavanhu appointed tainted banker Morris Bekezela Mpofu as hi...Published: 19 May 2024 at 11:54hrs | 12 | by Staff reporter
Why we must reject Zanu-PF
THE Zanu-PF government is not a listening administration. For the last 18 years, I provided the government with grounded policy advice, but all fell on deaf ears. Zanu-PF is so arrogant that in this 2...Published: 21 Aug 2023 at 06:39hrs | 4 | by Gift Mugano
SMEs seek Mnangagwa's intervention after clampdown by Zimparks
The Small and Medium Enterprises for ED and Bussinesses for ED have approached President Mnangagwa after Zimparks reportedly blacklisted them on all procurement bids.In a letter addressed to t...Published: 20 Jul 2023 at 18:07hrs | 9 | by Desmond Nleya
Brics+ plans gold-backed currency
WORLD countries coalescing under the banner of the Brics alliance which brings together Brazil, Russia, India, China, and South Africa are preparing to strike a blow against the United States dollar's...Published: 16 Jul 2023 at 13:53hrs | 7 | by Staff reporter
74 estate agents blacklisted over dodgy deals
The Estate Agents Council of Zimbabwe (EACZ) has blacklisted 74 real estate companies operating in parts of the country for failure to register with the council and crimes such as fleecing unsuspectin...Published: 06 Jul 2023 at 19:51hrs | 26 | by Staff reporter
NetOne threatens to blacklist dealers for overpricing
TELECOMMUNICATIONS operator, NetOne, has embarked on a drive to intensify its distribution channels countrywide in a bid to neutralize parallel market speculators and make its SIM card readily availab...Published: 29 May 2023 at 19:33hrs | 1 | by Staff reporter
Zimdollar not going anywhere
THE Treasury has assured the market of continued usage of the local currency and that deliberate steps are being taken to strengthen its value so as to restore consumer purchasing power and buttress t...Published: 29 May 2023 at 06:32hrs | | by Staff reporter
Mthuli Ncube confronts Osiphatheleni
THERE was drama around Tredgold Building, which houses the Bulawayo Magistrate Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pr...Published: 28 May 2023 at 08:03hrs | 2 | by Staff reporter
Mthuli Ncube threatens crackdown on businesses
THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pro...Published: 28 May 2023 at 07:59hrs | 1 | by Staff reporter
NetOne allays SIM card shortage fears
Mobile network provider, NetOne Cellular, has dismissed allegations that it is short of SIM cards those touts and dubious agents trying to sell SIM cards for US$4, four times the official price of US$...Published: 22 May 2023 at 06:33hrs | 1 | by Staff reporter
Mnangagwa reached out to brother Putin on helicopter deal
A fleet of 18 Russian Ansat helicopters was delivered to Zimbabwe this week to assist with policing and disaster relief. Speaking at the handover ceremony in Harare, President Emmerson Mnangagwa and R...Published: 21 May 2023 at 08:06hrs | 2 | by Staff reporter
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | | by Staff reporter
More contractors blacklisted over illegal foreign currency deals
The crackdown on companies that channel funds to the illegal foreign currency market has been widened, with 13 more firms being blacklisted for their involvement.In November last year, 19 comp...Published: 04 Apr 2023 at 06:21hrs | | by Staff reporter
Zimbabwe police must root out rogue officers
A COURT in Victoria Falls has ordered Home Affairs minister Kazembe Kazembe and police commissioner-general Godwin Matanga to pay $1,7 million dollars in damages to poet Obert Dube who was assaulted b...Published: 07 Mar 2023 at 05:29hrs | 9 | by Staff reporter
RBZ blacklists 11 firms over black market deals, overpricing
SIX contractors that were doing business with Government have been blacklisted by the Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) for trading on the foreign currency black marke...Published: 29 Jan 2023 at 07:42hrs | 7 | by Staff Reporter
Zimdollar plunges to record low
Zimbabwe's currency plunged to a record in the unauthorised market on Monday after the government urged suppliers not to buy foreign currency with payments recently received from the government....Published: 10 Jan 2023 at 18:25hrs | 2 | by Staff reporter
Civil servants grovelling for housing stands isn't economic development but shameful retrogression
It was one of the most painful and heartrending sights! There are very few incidents that are so harrowing and sink the heart, as watching grown-ups - grovelling for things which, in a normal ...Published: 05 Jan 2023 at 13:22hrs | 2 | by Tendai Ruben Mbofana
Today's ZANU PF supporters likely to have backed colonial rule!
It is quite scary witnessing how ZANU PF supporters are always so ready and too eager to defend the brutal oppressive reign of the Zimbabwe regime. Whenever I come across the numerous posts on...Published: 05 Jan 2023 at 12:02hrs | 8 | by Tendai Ruben Mbofana
19 firms blacklisted for fuelling black market
NINETEEN contractors providing Government with goods and services have been blacklisted for channelling funds to the foreign exchange black market, Finance and Economic Development Minister Professor ...Published: 11 Nov 2022 at 05:02hrs | | by Staff reporter
Mnangagwa's govt tightens screws on procurement
PRESIDENT Emmerson Mnangagwa says government has tightened screws on procurement processes as it tries to plug holes that have seen suppliers and contractors inflate prices of goods sold to State depa...Published: 28 Oct 2022 at 06:26hrs | 1 | by Staff reporter
UBH cancels 21 inflated tenders
THE United Bulawayo Hospitals (UBH) has cancelled 21 out of 34 tenders flighted this year to ensure that the Government is not fleeced, but gets value for money after some of the suppliers had highly ...Published: 20 Oct 2022 at 05:57hrs | 1 | by Staff reporter
Zimbabwe parliament cancels controversial laptops tender
Parliament last week officially cancelled the tender for the supply of laptops and desktop computers it had awarded to two companies after the Ministry of Finance and Economic Development flagged the ...Published: 27 Sep 2022 at 05:48hrs | 1 | by Staff reporter
Heads must roll over US$1,6m Parly laptops scandal, says Mliswa
THE African Parliamentarians Network Against Corruption (APNAC) has called for action against corruption saying the Public Accounts Committee (PAC) should probe the administration of parliament after ...Published: 21 Sep 2022 at 06:07hrs | 1 | by Staff reporter
Calls for probe into Parly US$9 264,48 laptops saga
CIVIL society organisations (CSOs) and legislators have called on Auditor-General Mildred Chiri to carry out a forensic audit on how Parliament approved acquisition of 173 laptops and 79 desktops whic...Published: 21 Sep 2022 at 06:04hrs | 1 | by Staff reporter
Zimbabwe's high inflation forecast to plunge to 3%?
ZIMBABWE's month-on-month inflation rate is expected to fall to three percent by year-end while the annual rate is seen dropping below 100 percent on the back of monetary and fiscal interventions the ...Published: 20 Sep 2022 at 06:02hrs | 1 | by Staff reporter
Zimdollar to further strengthen?
The Zimbabwe dollar is likely to strengthen as extra strands in the policies to decrease the amount of local currency in bank accounts, while increasing the amount of foreign currency in official mark...Published: 20 Sep 2022 at 06:02hrs | 1 | by Staff reporter
Public procurement loopholes enable looting of Covid-19 goods
THE absence of statutes aimed at managing the procurement of goods and services and their issuance in times of emergency in Zimbabwe led to the country not getting value for the funds it invested towa...Published: 19 Sep 2022 at 20:02hrs | 12 | by Staff reporter
Treasury blows whistle on plot to loot public funds
ZIMBABWE'S Treasury has exposed a calculated plot to loot public funds through an inflated tender awarded by Parliament to two companies which are charging astronomical prices for the supply of laptop...Published: 18 Sep 2022 at 16:57hrs | 1 | by Staff reporter
Zimbabwe company wins tender to supply 173 laptops at US$9 200 each
Two local companies have been awarded tenders to supply parliament with laptops and desktops with one of them contracted to supply 173 laptops at US$9 200 each.In a recent correspondence to th...Published: 17 Sep 2022 at 19:13hrs | 2 | by Staff reporter
Zimbabwe black market rates tumble
A raft of robust economic measures put forward by President Mnangagwa and his administration have proved to have a stabilising effect on the national economy as they managed to arrest the parallel mar...Published: 21 Aug 2022 at 08:43hrs | | by Staff reporter
Mutsvangwa's ministry loses ZW$32m in botched car deal
THE Ministry of Information was left counting its loses after being duped by controversial government vehicle supplier, Solution Motors, in a $47m deal, a Harare court heard recently.Solution ...Published: 14 Aug 2022 at 07:23hrs | 1 | by Staff reporter
Mnangagwa gets tough on Government's procurement process
PRESIDENT Mnangagwa has spoken tough on the Government procurement process saying he is going to ensure that no public resources will be used to finance economic hitmen and women as has been the case ...Published: 14 Aug 2022 at 07:19hrs | 1 | by Staff reporter
Zimbabwe's cash-rich govt suppliers fuel currency volatility
GOVERNMENT procurement and service providers - who include public works contractors and suppliers of goods and services - are destabilising the foreign exchange market by offloading part of their stag...Published: 10 Aug 2022 at 08:40hrs | 2 | by Staff reporter
Errant contractors face blacklisting
Firms using money they earn from Government contracts to deal in the foreign currency black market will be blacklisted from future contracts, have the proceeds of illegal transactions confiscated, the...Published: 19 Jul 2022 at 06:07hrs | 1 | by Staff reporter
Zimbabwe lawmakers demand names of forex manipulators
MEMBERS of Parliament (MPs) have demanded that the Finance ministry should bring a list of all exchange rate manipulators to the House so that they are named and shamed.This was after Finance ...Published: 25 Jun 2022 at 08:41hrs | 7 | by Staff reporter
MPs fume over exchange rate manipulation
LEGISLATORS have demanded that the Finance ministry must bring a list of all exchange rate manipulators to Parliament and those who have benefitted from the foreign currency auction system.Thi...Published: 24 Jun 2022 at 07:42hrs | 1 | by Staff reporter
US$20m externalised in Zimbabwe diamond sales
MORE than US$20 million was illegally moved out of the country's borders in murky deals involving blacklisted diamond dealer Jamal Ahmed in an opaque sale of one million carats of diamonds from the Mi...Published: 03 Jun 2022 at 19:14hrs | | by Staff reporter
Multi-million-dollar road rehabilitation storm erupts in Zimbabwe
KWEKWE City Council in the Midlands has failed to account for millions of dollars poured into the local authority for the rehabilitation of roads amid revelations that politically connected comp...Published: 23 May 2022 at 13:18hrs | 2 | by Staff reporter
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