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7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1077 | by Staff reporter
Chigumba's ZEC starts preparations for Zimbabwe's 2028 elections
The Zimbabwe Electoral Commission (ZEC) convened a two-day conference in Nyanga this week to review the 2023 harmonised elections, with key issues including the extension of voting rights to Zimbabwea...Published: 02 Oct 2024 at 10:00hrs | 364 | by Staff reporter
SA insurance companies crackdown on foreign truck drivers
Foreign truck drivers working for South African freight companies are required to have valid working permits and if they do not, insurance companies are legally not obliged to pay out claims in the ev...Published: 01 Oct 2024 at 09:47hrs | 713 | by Staff reporter
Frontier Wealth Group extends their association with ZAA Australia as Nominees announced
The Zimbabwe Achievers Awards (ZAA) have announced that wealth advisory firm Frontier Wealth Group has returned as the headline partner for the ZAA Australia Edition set for 12 October in Perth....Published: 30 Sep 2024 at 12:12hrs | 145 | by Agencies
Zimbabwe's Mutapa Fund clinches US$350m power deal
The Mutapa Investment Fund (MIF) has approved a significant joint venture valued at US$350 million between Indian firm Jindal Africa Investments and Zesa to refurbish six units at Hwange Thermal Power...Published: 29 Sep 2024 at 14:25hrs | 3040 | by Staff reporter
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44254 | by Staff reporter
War veterans company in turmoil
Zvimba East Veterans Investment Company (ZEVIC), a firm established and wholly owned by veterans of the liberation struggle, is embroiled in turmoil following revelations that its bank account has bee...Published: 29 Sep 2024 at 11:30hrs | 417 | by Staff reporter
Capital Markets Braille handbook launched
The Securities and Exchange Commission of Zimbabwe (SecZim) on Tuesday launched a Braille handbook to promote capital market literacy among the visually impaired. The move aims to enhance the understa...Published: 27 Sep 2024 at 08:25hrs | 47 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 141 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 236 | by Staff reporter
Ex-Eskom CEO challenges settlement related to his graft case
Former Eskom CEO Matshela Koko has launched a court bid to challenge a settlement deal between the Investigating Directorate ID) and multi-national company ABB relating to bribery at the power utility...Published: 19 Sep 2024 at 07:39hrs | 326 | by Staff reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 464 | by Staff reporter
UZ churns out first Education 5.0 graduates
President Mnangagwa, in his capacity as Chancellor of all State universities, presided over a landmark event at the University of Zimbabwe (UZ) yesterday, capping a record 6,778 graduates. This cohort...Published: 14 Sep 2024 at 12:06hrs | 109 | by Staff reporter
Bongani Mafu bags $200,000 from Ngezi Platinum
Premier Soccer League champions Ngezi Platinum Stars have been ordered by FIFA to pay former coach Bongani Mafu close to US$200,000 in compensation for unfair dismissal. The platinum miners face a dea...Published: 13 Sep 2024 at 08:00hrs | 287 | by Staff reporter
Pravin Gordhan kicks the proverbial bucket
Pravin Gordhan served as a minister during the state capture years. But he will also be remembered for being among those who pushed back against its architects.Gordhan passed away on Friday at...Published: 13 Sep 2024 at 06:34hrs | 1028 | by Staff reporter
Molefe exposes Transnet's CEO
The role state capture has played in the current troubles facing Transnet was in dispute in Parliament on Tuesday as the state freight company's former CEO, now MK Party MP, Brian Molefe, challenged t...Published: 12 Sep 2024 at 06:58hrs | 307 | by Staff reporter
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 96 | by Staff reporter
Chivayo fails to get Starlink deal
Local businessman Wicknell Chivayo, seeking to capitalize on the lucrative Starlink opportunity, leveraged his proximity to President Emmerson Mnangagwa to secure an exclusive deal. This move has spar...Published: 10 Sep 2024 at 08:26hrs | 5182 | by Staff reporter
Chinese investors elbow out local chrome miners
An investigation has revealed that the Zimbabwe Mining and Alloy Smelting Company (Zimasco) has replaced around 150 small-scale chrome miners with Chinese investors, raising concerns about discriminat...Published: 10 Sep 2024 at 07:27hrs | 202 | by Staff reporter
Lucky Montana did not employ Mthimkhulu at PRASA
Former Group Chief Executive of the Passenger Rail Agency of South Africa (Prasa) Lucky Montana expressed sadness at the jailing of the agency's former head Engineer, Daniel Mthimkhulu, and committed ...Published: 08 Sep 2024 at 13:23hrs | 1208 | by Staff reporter
Fuel price decrease brings welcome relief to SA consumers
Consumers in South Africa will be able to stretch their rands a little further this month after the fuel price decreases were announced this past week.The Department of Mineral Resources and E...Published: 08 Sep 2024 at 09:39hrs | 101 | by Staff reporter
New Bill to professionalise Zimbabwe teaching sector
The government has finalized the Teaching Professional Council Bill, a legislative initiative aimed at creating a regulatory framework to maintain high moral standards, ethical conduct, and profession...Published: 07 Sep 2024 at 15:38hrs | 546 | 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 | 58 | by Staff reporter
Zimbabwe opens rail network to private companies
The National Railways of Zimbabwe has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after decades of un...Published: 06 Sep 2024 at 13:07hrs | 617 | by Staff reporter
Minister Mombeshora raps Zimbabwe medical aid service providers
Health and Child Care Minister Douglas Mombeshora has criticized medical aid service providers for overcharging and exploiting desperate patients. Speaking at the Association of Healthcare Fun...Published: 06 Sep 2024 at 07:22hrs | 87 | by Staff reporter
Zimbabwe govt intervenes to end dual pricing
The government is closely monitoring businesses that are manipulating the exchange rate by using black market rates instead of the official ZiG currency rate. This practice undermines the ZiG, which i...Published: 05 Sep 2024 at 17:07hrs | 6025 | by Staff reporter
Sifiso Dabengwa to be buried in South Africa
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former CEO of MTN Group and Eskom board member, will be laid to rest in Johannesburg on Saturday. Dabengwa, 66, passed away o...Published: 04 Sep 2024 at 15:09hrs | 2251 | by Staff reporter
Ralph Mupita addresses letter to staff to allay their concerns
MTN group CEO Ralph Mupita has moved swiftly to allay employees' concerns following allegations from multiple sources against his leadership, favouritism and under-performance of the group.He ...Published: 04 Sep 2024 at 13:34hrs | 547 | by Staff reporter
Water shortages haunt Tsholotsho
Tsholotsho business centre and nearby townships are grappling with severe water shortages due to the near depletion of their supply dam and power outages affecting pumping operations. Resident...Published: 04 Sep 2024 at 08:04hrs | 140 | by Staff reporter
Vulindlela Ndlovu unveils Cimas mobile clinic
The Vulindlela Ndlovu led Cimas has launched a mobile clinic aimed at improving healthcare access for marginalized communities in Zimbabwe. The mobile clinic is equipped with essential medical...Published: 04 Sep 2024 at 07:55hrs | 125 | by Staff reporter
New 'smart city' project for Bubi
A new "smart city" project is set to be developed in Nkenyane, Ward 14, approximately 20km north of Bulawayo in Bubi, Matabeleland North Province. This initiative aims to modernize the rural district ...Published: 02 Sep 2024 at 11:23hrs | 411 | by Staff reporter
Sifiso Dabengwa dies
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former president and CEO of telecoms giant MTN Group and a board member of Eskom, has passed away at the age of 66.Da...Published: 01 Sep 2024 at 15:52hrs | 6535 | by Staff reporter
Mnangagwa govt's spokesperson accuses Aaron Motsoaledi of xenophobia
Zimbabwean government spokesperson Ndavaningi "Nick" Mangwana has accused South Africa's Health Minister, Aaron Motsoaledi, of xenophobia. This accusation follows Motsoaledi's recent comments suggesti...Published: 01 Sep 2024 at 11:59hrs | 1572 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4538 | by Staff reporter
South Africa's Constitutional Court makes law to have eye
AfriForum reports that it has made progress towards its objective of getting the Constitutional Court to revoke Dr. John Hlophe's appointment as a member of the Judicial Services Commission (JSC)....Published: 27 Aug 2024 at 09:19hrs | 901 | by Staff reporter
Australian-based woman loses US$58,000 to friend
A man from Harare, McDonald Katumba (31) of Aspindale Park, is facing charges of embezzlement involving funds entrusted to him by his Australian-based friend.The accusations state that Katumba...Published: 26 Aug 2024 at 08:07hrs | 681 | by Staff reporter
Mnangagwa hails WestProp
President Emmerson Mnangagwa praised WestProp (Private) Limited, a leading property investment and development company, for its US$280 million investment in The Hill Luxury Golf Estate, a joint ventur...Published: 26 Aug 2024 at 08:06hrs | 226 | by Staff reporter
ZACC swoops on tobacco board chair, ex-CEO
Zimbabwe's anti-corruption body, the Zimbabwe Anti-Corruption Commission (ZACC), arrested Tobacco Industry and Marketing Board (TIMB) chairperson Patrick Devenish last night over a dubious US$400,000 ...Published: 24 Aug 2024 at 11:53hrs | 442 | by Staff reporter
Former TIMB boss cleared
Charges of criminal abuse of office involving over US$2 million against former Tobacco Industry and Marketing Board (TIMB) chief executive Meanwell Gudu and two accomplices have been withdrawn before ...Published: 24 Aug 2024 at 11:41hrs | 96 | by Staff reporter
Are your friends damaging your health? Five signs they might be
There's no doubt we love our friends. Many of them we'll have grown up with, known for decades and been through thick and thin with. Others we may have developed over more recent times, connecting...Published: 23 Aug 2024 at 13:29hrs | 662 | by Staff Reporter
'Lack of policies limiting hemp farming commercialisation in Zimbabwe'
Zimbabwe is facing challenges in formulating policies for the commercialization of hemp farming due to insufficient information about the plant. Hemp, a versatile member of the cannabis sativa species...Published: 23 Aug 2024 at 06:51hrs | 113 | by Staff reporter
Mnangagwa glows in Geo Pomona project
President Emmerson Mnangagwa praised the Geo Pomona Waste Management project during a tour with Sadc heads of State and government, highlighting its significance in sustainable waste management and re...Published: 19 Aug 2024 at 07:20hrs | 812 | by Staff reporter
Sadc leaders tour Zimbabwe's Geo Pomona, Liberation City
During the 44th SADC Heads of State and Government Summit, regional leaders took a break from their busy schedules to tour Geo Pomona Waste Management Private Limited and the Museum of African Liberat...Published: 19 Aug 2024 at 06:54hrs | 239 | by Staff reporter
Old Gwanda Road construction to commence this month-end
The construction and upgrading of the 120-kilometer Bulawayo-Old Gwanda Road by Zwane Enterprises, under a US$110 million Public-Private Partnership (PPP), is set to begin at the end of this month. ...Published: 18 Aug 2024 at 12:23hrs | 893 | by Staff reporter
Cracks in Bosso camp
ALL is not well at Bulawayo football giants, Highlanders with an audio going viral in which secretary-general Morgen "Gazza" Dube is overheard painting a picture of a divided house.Dube is acc...Published: 18 Aug 2024 at 12:21hrs | 244 | by Staff reporter
Zanu-PF official in trouble for stealing timber
A Zanu-PF Manicaland provincial youth league official, Law Tiengane, is facing serious allegations of timber theft from Allied Timbers in Chimanimani. Tiengane, who previously managed Climb Ha...Published: 11 Aug 2024 at 18:30hrs | 204 | by Staff reporter
Matibiri guarantees children's maximum security; interfaces during ZAS
The Zimbabwe Agricultural Show's Chief Executive Officer, Dr Andrew Matibiri reaffirmed his specialised team's commitment to ensure maximum security and safety of children during this year's Annual Na...Published: 11 Aug 2024 at 10:35hrs | 690 | by Gideon Madzikatidze/Simbarashe Sithole
Zinara rehabilitating Harare's high-density suburbs roads
The rehabilitation of roads in Harare has expanded to high-density suburbs, aligning with the Government's commitment to inclusivity. This move counters critics' claims that roadworks were solely focu...Published: 05 Aug 2024 at 16:48hrs | 222 | by Staff reporter
Zimbabwe seeks high-net-worth partners for startups fund
Deputy Finance, Economic Development, and Investment Promotion Minister David Mnangagwa has announced that the Treasury is seeking strategic alliances with high-net-worth individuals to operationalize...Published: 05 Aug 2024 at 07:09hrs | 111 | by Staff reporter
SADC Summit brings problems for Zimbabwe vendors
Some 300 vendors operating along main roads in Chivhu will go without incomes for the next three weeks after Government removed them from their stalls to paint a clean picture of the country to delega...Published: 03 Aug 2024 at 15:54hrs | 846 | by Staff reporter
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