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When the president officially commissions companies, then Zimbabwe is still far from developing!
So, President Emmerson Dambudzo Mnangagwa is still making national news headlines for officially commissioning new companies. In fact, his latest stunt was not even commissioning a new company...Published: 5 hrs ago | 100 | by Tendai Ruben Mbofana
Zimbabwe's very own Emperor Nero is burning down povo's hovels to build palatial villas for filthy rich few
"The closer the collapse of the empire, the crazier its laws" Marcus Tullius Cicero. Well we in Zimbabwe are witness this first hand. Zanu PF introduced the new local currency insisting ...Published: 5 hrs ago | 126 | by Wilbert Mukori
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 10 hrs ago | 84 | by Dr Bekithemba Mpofu
Mnangagwa's govt to extend ZiG currency crackdown to shops
The government intends to expand its crackdown on street currency traders to include retailers, ensuring that goods and services are priced using only the official exchange rate of the new ZiG currenc...Published: 13 hrs ago | 425 | by Staff reporter
No holy cows in Zimbabwe's forex violations blitz
Zimbabwe's Financial Intelligence Unit (FIU) and the police delivered a firm message yesterday, emphasizing that in the nationwide crackdown on individuals and entities breaching the Exchange Control ...Published: 13 hrs ago | 338 | by Staff reporter
ZiG fails to break Zimbabwe's cash crunch
Informal traders at Harare's Mbare market, a bustling center of commerce generating millions of US dollars weekly, have revealed their ongoing struggle with a cash shortage, hitting women vendors the ...Published: 13 hrs ago | 203 | by Staff reporter
Delta takes Zimra to court
Zimbabwe's largest beverages producer recently announced its opposition to a US$54.8 million tax claim, labeling it as unjust enrichment for the Zimbabwe Revenue Authority (Zimra). Delta Corporation, ...Published: 13 hrs ago | 132 | by Staff reporter
Zimbabwe spends US$40m on importing spaghetti
Zimbabwe's annual importation of approximately US$40 million worth of macaroni and spaghetti, primarily from Egypt, reflects the nation's sluggish industrialization progress. Despite pasta not being a...Published: 14 hrs ago | 120 | by Staff reporter
'Zimbabweans will stampede for ZiG by June'
Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mushayavanhu has highlighted the impending surge in demand for the Zimbabwean dollar (ZiG) anticipated to occur by June. This surge is expecte...Published: 14 hrs ago | 1894 | by Staff reporter
Women to celebrate Africa Day in style
Women in football in Mashonaland Central are going to celebrate Africa Day through a tournament in Bare on May 25.Mashonaland Cen...Published: 14 hrs ago | 44 | by Simbarashe Sithole
Mudenda tells Zimbabwe MPs to 'respect taxpayers' money'
Parliament Speaker Jacob Mudenda has delivered a stern admonition to legislators who fail to attend to the business of the August House, cautioning them to "honour taxpayers' money."Mudenda's ...Published: 14 hrs ago | 71 | by Staff reporter
London firm targets bulk-mining in Zimbabwe
Kavango Resources, a metal exploration company listed on the London Stock Exchange, is focusing on consolidating bulk-mining efforts to boost gold production in Zimbabwe, according to a report by News...Published: 14 hrs ago | 107 | by Staff reporter
Econet launches mobile phone insurance
Econet Insurance, a leader in innovative short-term insurance solutions, has launched a new package covering mobile phone damage. Named Moovah Mobile Phone Insurance, the package was developed in resp...Published: 14 hrs ago | 45 | by Staff reporter
Mnangagwa says Zimbabweans must not be shy to make money
Zimbabweans should not hesitate to make money, as the government has created a conducive environment for economic success, President Emmerson Mnangagwa stated.Speaking at the commissioning of ...Published: 14 hrs ago | 83 | by Staff reporter
It never rains but, it pours for Zimbabwe's economy
For over ten years, Zimbabwe has struggled with its currency. Since 2008, this is the nation's sixth attempt to introduce a new one, the ZiG.Zimbabwe's central bank introduced the Zimb...Published: 15 hrs ago | 62 | by Dickson Chikwizo
Zimbabweans being sold expired, underweight goods
Over a thousand businesses have been charged with selling expired and underweight goods, among other offenses, according to the Industry and Commerce Ministry.Most of the semi-formal shops wer...Published: 15 hrs ago | 52 | by Staff reporter
Zimbabwean has highest migrants in southern Africa
Zimbabwe has been identified as the largest source of migrants residing in southern Africa, according to the International Organisation for Migration (IOM). This was announced during an official event...Published: 15 hrs ago | 67 | by Staff reporter
Kamativi lithium processing plant almost complete
KAMATIVI Mining Company (KMC) plans to finish construction on its lithium processing plant in June this year as it seeks to increase production capacity to about 2,3 million tonnes of ore annually, an...Published: 15 hrs ago | 40 | by Staff reporter
Passion Java should blame himself
Self-styled prophet Passion Java should take responsibility for the failure of his much-hyped "Night of Wonders" event instead of blaming rival pastors, according to Zanu-PF-aligned cleric Obadiah Mus...Published: 15 hrs ago | 60 | by Staff reporter
FIU sufficiently resourced to fight ZiG saboteurs
The Financial Intelligence Unit (FIU), a division of the Reserve Bank of Zimbabwe (RBZ), is well-equipped with skilled personnel and advanced hardware to tackle financial crimes. Recent recruitment ef...Published: 15 hrs ago | 16 | by Staff reporter
The imbecility of Macron - 'Africa can't manage the world!'
Imbecility of MacronFollowing a wave of anti-French feelings across Francophone Africa, a former Economic Minister for France, one Thierry Breton, took to twitter and posted the following: "It...Published: 15 hrs ago | 42 | by @Jamwanda2 on Saturday
Xenophobia brewing in KwaZulu-Natal as foreigners given May 20 deadline
The town of Ulundi in northern KwaZulu-Natal is on edge following a directive from an anonymous business forum demanding all foreign spaza shop owners cease trading by Sunday, May 19.The omino...Published: 17 May 2024 at 19:56hrs | 1114 | by Mandla Ndlovu
SADC Summit exposes Mnangagwa regime incompetence
There is usually nothing out of the ordinary when countries hosting major international events spruce up their existing infrastructure or even construct completely new ones.As a matter of fact...Published: 17 May 2024 at 17:17hrs | 910 | by Tendai Ruben Mbofana
Rutendo Matinyarare drags Mnangagwa and his family into his contempt of court saga
Self professed marketing and communication strategist Rutendo Matinyarare has dragged the President and the President's family into his shenanigans. Rutendo paid a visit to Champions Milling where he ...Published: 17 May 2024 at 14:37hrs | 1067 | by George Tshuma
Zimbabwe sends high level delagation to Brazil to address food insecurity
Zimbabwe has dispatched a prominent business delegation to Sao Paulo, Brazil, in a proactive move to strengthen trade partnerships and address food insecurity concerns. This strategic mission, organiz...Published: 17 May 2024 at 14:22hrs | 448 | by Mandla Ndlovu
Why is Zanu-PF opening branches and office in South Africa?
Out of all liberation parties in Africa, Zanu PF is the only one that is opening offices and branches in all major South African cities and beyond. For an independent country like Zimbabwe, an embassy...Published: 17 May 2024 at 13:45hrs | 181 | by Israel Dube
WATCH: Prophet Isaiah Sovi reveals shocking things he saw in Bushiri's bedroom
Prophet Isaiah Brian Sovi, President of God Embassy, has shared an extraordinary experience he encountered when he visited the apartment of Prophet Shepherd Bushiri, famously known as Major 1, the fou...Published: 17 May 2024 at 12:23hrs | 1131 | by Mandla Ndlovu
Shopping Shock: Over a third of customers scammed on popular shopping sites across Europe and beyond
While price comparison sites are a popular tool for finding deals and secure retailers, a new study reveals a disturbing truth: online shopping might not be as safe as we think. According to the ...Published: 17 May 2024 at 12:14hrs | 82 | by Staff Reporter
Zimbabwe's Justice Minister part of drug cartels
In a clear sign for miscarriage of justice and security institutions porosity, Minister of Justice, Legal and Parliamentary Affairs, Ziyambi Ziyambi has been fingered by one of his close associates, L...Published: 17 May 2024 at 11:42hrs | 6689 | by Gideon Madzikatidze
CIOs go after illegal money changers 'running down ZiG'
The ruling party Zanu-PF has issued a strong warning to black market traders, accusing them of undermining the newly introduced gold-backed currency, ZiG.Christopher Mutsvangwa, Zanu-PF's secr...Published: 16 Apr 2024 at 19:16hrs | 855 | by Staff reporter
Wicknell is bumping with the big boys
HE dropped out of school just before he turned 15 and went straight into employment as a wages clerk for a bus company, when, around 1997, he could barely read or write— let alone manage company rec...Published: 16 Apr 2024 at 19:15hrs | 855 | by Staff reporter
ZiG needs to be backed by RBZ discipline
According to the Reserve Bank of Zimbabwe (RBZ), a structured currency is a currency that is pegged to a specific exchange rate or currency basket and backed by a bundle of foreign exchange assets lik...Published: 16 Apr 2024 at 18:04hrs | 193 | by Zimbabwe Coalition on Debt and Development
Zimbabwe celebrates independence amid doom
WHEN visiting some towns, urban and rural areas across the country one is greeted by sullen and dropping faces with sorrow and hunger written all over their faces.In a few days to come Zimbabw...Published: 16 Apr 2024 at 18:03hrs | 91 | by Leonard Koni
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | 144 | by Kenneth Mufuka
Mteki approaches Mukanya over Chivayo lavish offer
African roots musician and sculptor-cum-businessman Bryn Taurai Mteki has approached Chimurenga musician Thomas "Mukanya" Mapfumo to reconsider businessman Wicknell Chivayo's pledge.Last month...Published: 16 Apr 2024 at 17:57hrs | 594 | by Staff reporter
Council boss blows thousands on bling
Chiredzi Council, which is struggling to deliver standard services to its 300 000plus residents, is in the eye of a storm following revelations that the local authority could be pampering its executiv...Published: 16 Apr 2024 at 17:56hrs | 345 | by Staff reporter
Stop Zanu-PF extortionists, villagers plead
VILLAGERS in some parts of the country have appealed to the Zanu-PF leadership to rein in their local party leaders who are reportedly fleecing them of cash under the guise of raising funds for indepe...Published: 16 Apr 2024 at 08:44hrs | 736 | by Staff reporter
RBZ governor to unpack MPS in Bulawayo
The Zimbabwe Independent, in partnership with the Reserve Bank of Zimbabwe (RBZ), will tomorrow host an event in Bulawayo to unpack the 2024 Monetary Policy Statement (MPS).Other partners incl...Published: 16 Apr 2024 at 07:58hrs | 749 | by Staff reporter
Pumula residents, Chinese miner clash over noise
RESIDENTS of Bulawayo's Pumula North suburb are up in arms against a Chinese quarry mining company for noise pollution as well as destroying road infrastructure in the suburb.Some commuter omn...Published: 16 Apr 2024 at 07:55hrs | 332 | by Staff reporter
Thieves vandalise region's heroes acres
BULAWAYO, Matebeleland North and South provincial heroes acres are being targeted by thieves who are stealing plants, flower pots and floral tributes from graves.The shocking incidents have be...Published: 16 Apr 2024 at 07:54hrs | 138 | by Staff reporter
Stiffer penalties for small livestock thieves
GOVERNMENT will consider imposing stiffer penalties for those who steal small livestock like chickens and goats and will soon table an amendment to the law to Parliament.According to Parliamen...Published: 16 Apr 2024 at 07:51hrs | 135 | by Staff reporter
Renowned Nust lecturer dies
RENOWNED researcher and National University of Science and Technology (Nust) lecturer who also chaired the Institute of Development Studies (IDS) executive board, Dr Lerato Nare has died. He w...Published: 16 Apr 2024 at 07:50hrs | 636 | by Staff reporter
Reward for businessman's lost firearm
Police in Harare are offering a reward to anyone with information that might assist in the recovery of a businessman's firearm that was lost in Highlands sometime last month.The black pistol, ...Published: 16 Apr 2024 at 07:50hrs | 141 | by Staff reporter
Green bomber enrolment begins
The enrolment of 750 cadres for the National Youth Service in Zimbabwe has started countrywide, with President Mnangagwa expected to officiate at the relaunch of the programme next month.Cabin...Published: 16 Apr 2024 at 07:49hrs | 120 | by Staff reporter
Zimbabwe businessman found dead in SA
THE body of a Zimbabwean businessman, Evans Katumba, who was abducted in Durban last month with the kidnappers demanding a ransom of R2,5 million, has been found by police in KwaZulu Natal, South Afri...Published: 16 Apr 2024 at 07:49hrs | 878 | by Staff reporter
El Niño drives Zimbabwean millers to seek Brazilian corn
Zimbabwe is considering importing corn from Brazil for the first time since 2014 as the El Niño weather pattern withers crops in the country and its neighbours.The dry spell triggered by the ...Published: 16 Apr 2024 at 07:47hrs | 44 | by Staff reporter
Village Head caught pants down
There was drama in Silobela after a local village head was caught pants down with a married woman during daylight on Friday.The v...Published: 15 Apr 2024 at 19:59hrs | 2698 | by Simbarashe Sithole
Tensions rise at Ministry of Environment and Climate over alleged power struggle in Zimbabwe's carbon credits market
In a stunning development at the Ministry of Environment and Climate in Zimbabwe, daggers are being drawn over the lucrative carbon credits market, with billions at stake over the vast forests in the ...Published: 15 Apr 2024 at 17:08hrs | 1989 | by Mandla Ndlovu
Bulawayo Business Network Launches Campaign to Promote ZiG Currency in Zimbabwe
In a significant stride towards economic empowerment and financial sustainability, Bulawayo Business Network (BBN) has officially launched a campaign aimed at promoting the newly introduced Zimbabwe G...Published: 15 Apr 2024 at 17:00hrs | 448 | by Mandla Ndlovu
Fake Zinara licences sold by CVR officer
An officer from the Central Vehicle Registry (CVR) is in soup after he allegedly sold blank vehicle registration books that were used to manufacture fake Zimbabwe National Road Administration (Zinara)...Published: 15 Apr 2024 at 06:05hrs | 841 | by Staff reporter
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