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Magriza Made Me Cook nominated at EuroFilmFestZW
For five years, the late Violet Masiye (née Nkomo) shared her kitchen wisdom with her grandson, Prince Sivalo Mahlangu. Today, her legacy is being celebrated on the international stage, as Mahlangu's...Published: 07 May 2025 at 21:01hrs | 226 | by Staff reporter
EcoCash launches new mobile App
EcoCash, Zimbabwe's leading mobile money platform, has unveiled a brand-new mobile app in Harare today, June 13, 2024, featuring enhanced security and a more user-friendly interface packed with additi...Published: 15 Jun 2024 at 11:04hrs | 27 | by Staff reporter
Zimbabwe authorities mix charm with force to shore up ZiG
THE introduction of the world's newest currency in April inspired a reggae artist to record a song praising the ZiG, or Zimbabwe Gold.The catchy tune, titled "Zig Mari," received generous play...Published: 27 May 2024 at 09:56hrs | 5 | by Associated Press
Police arrest 6 suspects after money transfer agency robbed
A gang of 12 armed robbers stole US$716,340 cash after breaking into the offices of a financial services company in Harare and blowing up safes, police said on Tuesday.Six suspects have been a...Published: 27 Feb 2024 at 19:07hrs | 2 | by Staff reporter
Burglars raid Nedbank
Burglars broke into a Nedbank building in Bulawayo's Belmont industrial area where they damaged three safes before stealing over US$270 000 and about R2 million, police confirmed yesterday.The...Published: 30 Aug 2023 at 06:44hrs | 10 | by Staff reporter
7 armed robbers wanted for high profile cases
SEVEN suspected armed robbers who are on police's most wanted list for committing a spate of high profile criminal cases countrywide are believed to be operating and hiding in South Africa where most ...Published: 05 Jul 2023 at 07:12hrs | 4 | by Staff reporter
Access Forex loses US$260K while 'laundering' money
HARARE - Financial services firm Access Forex was accused of money laundering in court on Thursday after it emerged the company hired an aspiring Zanu PF MP to make huge foreign payments on its behalf...Published: 14 Apr 2023 at 12:32hrs | 24 | by Staff Reporter
Wadyajena wants fraud charges dropped
Gokwe-Nembudziya legislator Justice Mayor Wadyajena yesterday indicated that he will next week file an application for refusal of further remand on the matter he is jointly charged with Cotton Company...Published: 09 Sep 2022 at 06:02hrs | | by Staff reporter
Illegal forex dealer fined $10 million
Local company, Tererati (Pvt) Limited, involved in illegal foreign currency deals during 2020 in Harare using EcoCash agent lines, was fined $10 498 300 yesterday after admitting to making the illicit...Published: 27 Aug 2022 at 05:59hrs | 12 | by Staff reporter
Wadyajena fraud case opens can of worms
Zanu-PF Member of Parliament for Gokwe-Nembudziya constituency Justice Mayor Wadyajena who is accused of fraud and money laundering involving US$5,8 million appeared in court Wednesday and was remande...Published: 19 Aug 2022 at 06:48hrs | 19 | by Staff reporter
US$200,000 armed robber in court
ONE of the seven armed robbers who raided Access Finance Bureau De Change in Bulawayo and got away with thousands of United States dollars appeared in court yesterday.Nkosilathi Ncube (43) of ...Published: 24 Jun 2022 at 07:41hrs | 15 | by Staff reporter
Govt keeps focus on Zimdollar
Government will not let-up on implementing fiscal and monetary measures to contain resurgent inflation and tame Zimbabwe dollar volatility, Finance and Economic Development Minister Professor Mthuli N...Published: 19 Jun 2022 at 10:04hrs | 11 | by Staff reporter
RBZ initiates think tank to assess banking products
THE Reserve Bank of Zimbabwe (RBZ) has created a think tank to examine new banking products and innovations prior to their launch, to assess their viability.The revelation came a day after the...Published: 25 Apr 2022 at 09:01hrs | 4 | by Staff reporter
Monetary Policy Analysis
The Reserve Bank of Zimbabwe (RBZ) presented its first monetary policy statement for 2022 on the 7th of February. The monetary policy comes after a 53.5% surge in foreign currency receipts from US$6.3...Published: 23 Feb 2022 at 19:41hrs | 13 | by Victor Bhoroma
Weekly US$50 facility revised
Only pensioners, the elderly, those living with disability and people needing foreign currency for medical bills will be able to continue buying US$50 a week from bureaux de change with everyone else ...Published: 08 Feb 2022 at 05:34hrs | 1 | by Staff reporter
Mangudya improves in key global central bankers ranking table
RESERVE Bank of Zimbabwe governor John Mangudya has improved in the authoritative global central bankers performance indicators and ranking list by American magazine Global Finance as he graduated wit...Published: 15 Jan 2022 at 15:02hrs | 1 | by Staff reporter
NetOne top clients get VIP treatment
MOBILE network operator NetOne last Friday unveiled a high-value customer service centre (HVCSC) to improve customer experience, boost revenue and grow market share.The facility will see high ...Published: 14 Dec 2021 at 05:46hrs | 11 | by Staff reporter
New money transfer firm enters Zimbabwe market
A new international money transfer company, Mojo Mula Transfers, has entered Zimbabwe's financial market after partnering with retail giant, OK Zimbabwe to open branches across the country.The...Published: 17 Nov 2021 at 05:06hrs | 21 | by Staff reporter
Zimta demands forex bonuses for teachers
THE Zimbabwe Teachers' Association (Zimta) has demanded that teachers' bonuses be paid in foreign currency to cushion them against inflation.Bonuses for teachers are due this month.Tea...Published: 09 Nov 2021 at 05:35hrs | 10 | by Staff reporter
Businesses told to comply with bank rate
RESERVE Bank of Zimbabwe (RBZ) Deputy Governor Dr Kupukile Mlambo has urged captains of industry and businesses to comply with the foreign currency auction exchange rate and price reasonably to avoid ...Published: 31 Oct 2021 at 06:56hrs | | by Staff reporter
RBZ dishes out US$6 million to 130 000 citizens
THE Reserve Bank of Zimbabwe (RBZ) has disbursed more than US$6 million to close to 130 000 people following Government's decision last month to promote financial inclusion and access to forex for sma...Published: 29 Oct 2021 at 08:11hrs | 5 | by Staff Reporter
No to US dollar as sole currenc, says Mthuli
ZIMBABWE will not adopt the United States dollar as the country's sole currency, but will work to progressively defend the value of the local unit, while businesses that refuse to accept the Zimbabwe ...Published: 24 Oct 2021 at 09:27hrs | 3 | by Staff reporter
'Run-away blackmarket rates erode civil service salary gains'
GOVERNMENT is concerned by the increase in prices of goods and services which is eroding civil servants' salaries due to use of black-market forex rates by businesses.To date, the Government h...Published: 12 Oct 2021 at 05:57hrs | 10 | by Staff reporter
Top economist warns of Zimbabwe dollarisation
ZIMBABWE is expected to dollarise its economy because of the collapse of the local currency and the failure of its auction system to stabilise the exchange rate, renowned scholar and economist Gift Mu...Published: 11 Oct 2021 at 06:00hrs | 3 | by Staff reporter
RBZ's forex auction system faces imminent collapse?
A TOP economist has warned Zimbabwe's auction system introduced by the Reserve Bank of Zimbabwe (RBZ) is facing an imminent collapse after which dollarisation will prevail 100%.Addressing Parl...Published: 10 Oct 2021 at 06:31hrs | 3 | by Staff reporter
Currency instability puts ZSE as best performer in region
AFTER surpassing its own performance record (again), the Zimbabwean dollar-denominated exchange extended 2021 gains as the market's counters continue facing economic uncertainties in the closing quart...Published: 08 Oct 2021 at 19:04hrs | 13 | by Equity Axis View
Currency manipulators on the prowl
CURRENCY manipulation by businesses setting their Zimbabwe dollar prices to black-market exchange rates, has reached levels where some shops are pricing their goods and services using illegal rates ra...Published: 08 Oct 2021 at 06:25hrs | 12 | by Staff reporter
SA remittance company eyes Zimbabwe market
A SOUTH Africa-registered remittance company is keen to penetrate the Zimbabwean market where it targets Zimbabweans based in the neighbouring country.The company, Send Home, was founded by a ...Published: 01 Oct 2021 at 07:54hrs | | by Staff reporter
Bureaux de change operator opens shop in western suburbs
WHILE many financial service businesses are concentrated in the Central Business District, Swift Global Forex Bureaux de Change has decided to be different.The entity has become the first comp...Published: 29 Sep 2021 at 06:34hrs | 4 | by Staff reporter
8 firms in court over EcoCash deals
EIGHT financial institutions that were allegedly involved in foreign currency dealings in Harare through EcoCash bulk payer lines, yesterday appeared in court for violating some sections of the Exchan...Published: 28 Sep 2021 at 06:11hrs | 2 | by Staff reporter
Unreported robberies point police to shady dealings
POLICE have raised a red flag following a spate of robberies across the country with suspects mostly targeting businesspeople keeping large sums of money in their houses.The country has in the...Published: 27 Sep 2021 at 06:14hrs | 1 | by Staff reporter
Bureaux de change start selling US dollars to public
BUREAUX de change yesterday started selling foreign currency to ordinary walk-in customers as per the resolutions of Reserve Bank of Zimbabwe monetary policy committee MPC) meeting last month to promo...Published: 10 Sep 2021 at 07:19hrs | 8 | by Staff reporter
Fourwinds armed robbers appear in court
Three of six suspected armed robbers who were involved in a shootout with the police Saturday morning in Bulawayo's Fourwinds suburb have appeared in court charged with armed robbery.The suspe...Published: 10 Aug 2021 at 06:40hrs | 1 | by Staff reporter
Inefficient auction system dragging economic recovery
Zimbabwe has managed to turnaround and achieve double digit annual inflation from a periodic high of 838% realized in July 2020 to 56% achieved in July 2021. The redollarization of the local economy a...Published: 04 Aug 2021 at 15:57hrs | 3 | by Victor Bhoroma
32 armed robberies in Bulawayo between March and June - police
Zimbabwe's second city of Bulawayo witnessed 32 armed robberies in a four-month period between March 1 and June 30, police said on Sunday.Two people were shot by the armed robbers, one fatally...Published: 11 Jul 2021 at 19:26hrs | 1 | by Staff reporter
Petrol attendant shot as violent crime wave sweeps Bulawayo
A petrol attendant was shot in the chest on Friday after armed robbers targeted a Flo garage in Bulawayo's Tshabalala suburb – the latest in a series of violent robberies in Zimbabwe's second city....Published: 05 Jun 2021 at 09:15hrs | 1 | by Staff reporter
Market welcomes forex auction relaxation
THE Reserve Bank of Zimbabwe has begun selling foreign currency to registered bureau de change to improve the accessibility of forex for small businesses."Pursuant to the resolution of the mon...Published: 23 Apr 2021 at 07:24hrs | | by Staff reporter
'Bureaux de-change to bridge forex needs'
THE Reserve Bank of Zimbabwe (RBZ) has approved the selling of foreign currency to registered bureaux de-change operators for on-selling to their clients as part of measures to increase formal access ...Published: 22 Apr 2021 at 06:15hrs | | by Staff reporter
Armed robbers in daylight raid
A GANG of armed robbers yesterday stormed wholesale outlet, Bulk Cash and Carry, located on Basch Street and Khami Road in Bulawayo, and viciously assaulted staff and customers before getting away wit...Published: 11 Apr 2021 at 06:15hrs | 2 | by Staff reporter
Demand for rand disbursements spurs Access Forex
MONEY transfer services firm, Access Forex, says it has positioned itself to expand business in response to overwhelming demand for rand cash disbursements mainly in Matabeleland provinces and parts o...Published: 06 Apr 2021 at 15:41hrs | 3 | by Staff reporter
Rise in armed robberies worries police
POLICE have expressed concern over numerous cases of armed robberies that have been reported in the country since the beginning of the year. Syndicates of armed robbers are terrorising financi...Published: 15 Mar 2021 at 05:02hrs | 3 | by Staff reporter
Robbers raid lodge, make off with US$11,000
ARMED robbers stormed a Bulawayo lodge last Wednesday night and made off with cash and property worth US$11 630, including US$9 050 belonging to an Ethiopian gold dealer.The Ethiopian and a co...Published: 14 Mar 2021 at 06:08hrs | 2 | by Staff reporter
Armed robbers pounce at Bulawayo Bureau de Change
A GANG of six armed robbers raided Access Bureau de Change in Bulawayo this morning and made off with an undisclosed amount of money in foreign currency.The robbers also allegedly hijacked a H...Published: 10 Mar 2021 at 11:15hrs | | by Staff reporter
RBZ backs down on exporters' free funds
THE central bank has made a raft of major reforms to stabilise the foreign exchange market, including immediately scrapping the much-loathed compulsory requirement to liquidate unutilised export proce...Published: 08 Jan 2021 at 20:25hrs | 4 | by Staff reporter
Mnangagwa caps 447 HIT graduates
A total of 447 students at Harare Institute of Technology (HIT) graduated yesterday at a colourful ceremony in the presence of HIT Chancellor President Mnangagwa. The bulk of the students grad...Published: 10 Oct 2020 at 07:17hrs | 1 | by Staff reporter
Cash shortages choking tourism
ZIMBABWE Independent deputy editor Faith Zaba (FZ) last week attended the 2019 Africa Tourism Leadership Forum and awards at the Durban International Convention Centre (ICC) whose theme was "Stimulati...Published: 06 Sep 2019 at 07:42hrs | 1 | by Staff reporter
NetOne awarded Bureau De Change license
Telecommunications giant NetOne has been awarded a license by the Reserve bank of Zimbabwe to operate as a Bureau De Change.Bureau de change is the fastest growing sector in the African financ...Published: 04 Sep 2019 at 10:07hrs | | by Agencies
Zimnat partners Access Finance to provide bureaux de change
Zimnat customers can now obtain bureau de change services at selected Zimnat branches across the country, following the establishment of a partnership between Zimnat General Insurance and Access Finan...Published: 02 Sep 2019 at 16:08hrs | | by Agencies
EcoCash bureau de change launch to spur financial inclusion in Zimbabwe
THE recent launch of a bureau de change by Zimbabwe's leading mobile money service provider EcoCash after approval by the country's central bank is likely to help channel more remittances through form...Published: 28 Aug 2019 at 07:41hrs | 2 | by Sifelani Tsiko
Sasai, Ecocash bureau de change to marry
Sasai App, a product of Cassava International and the first of its kind in Africa with several integrations and via three main functions of pay, chat and explore has integrated the newly launched Ecoc...Published: 26 Aug 2019 at 06:52hrs | | by Staff reporter
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