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Ex-Minister arrested for 'robbery'
FORMER National Healing, Reconciliation and Integration minister Moses Mzila-Ndlovu and his two sons were on Monday arrested after a man who had allegedly been caught gathering firewood in the former ...Published: 8 hrs ago | 1454 | by Staff reporter
Hitch-hiker drugged, robbed along highway
Police in Mashonaland East Province are investigating a case in which a Harare man was drugged before being robbed of his belongings by unknown people along the Harare-Nyamapanda Highway recently. ...Published: 9 hrs ago | 389 | by Staff reporter
'Mliswa tried to rape my wife and kill me' says British man.
A United Kingdom based man Paul Westwood has written to President Mnangagwa alleging that Norton Member of Parliament Temba Mliswa illegally took over his companies, before threatening to rape his and...Published: 19 Nov 2018 at 15:32hrs | 5725 | by Mandla Ndlovu
Soldier supplies AK47 rifle, ammunition to armed robbers
A HARARE court last week heard that a soldier stationed at Josiah Magama Tongogara Barracks allegedly supplied a loaded AK47 assault rifle to four robbers who went on to commit a motor vehicle robbery...Published: 19 Nov 2018 at 06:09hrs | 2737 | by Staff reporter
Ex-Harare commissioner denied bail in $80m airport road scam
Former chairperson of the commission appointed to run the affairs of City of Harare between 2006 and 2013, Michael Mahachi, appeared in court on Saturday charged with criminal abuse of office after he...Published: 19 Nov 2018 at 06:03hrs | 1289 | by Staff reporter
Musimboti cashes in on drugs crisis
CERTIFIED herbal medicines manufacturer, Musimboti Traditional Science and Technology Institute (MTSTI), has over the past two months experienced a surge in business as patients resort to traditional ...Published: 19 Nov 2018 at 05:58hrs | 1207 | by Staff reporter
Mthuli Ncube hints on confidence measures
The Minister of Finance and Economic Development, Professor Mthuli Ncube has hinted on confidence rebuilding measures in his 2019 national budget to be presented on Thursday this week.The nati...Published: 18 Nov 2018 at 11:49hrs | 4294 | by Staff reporter
'Aug 1 victims feared seeking help from State hospitals'
John Muza* left home on August 1 to purchase a new laptop in Harare's CBD after saving for more than six months.It was a poignant moment for him as a disc jockey (DJ) at a night club.M...Published: 18 Nov 2018 at 11:45hrs | 1136 | by Staff reporter
Zimbabwe must adopt the rand, says Fitch Solutions
ZIMBABWE must adopt the South African Rand to deal with the worsening currency crisis caused by the shortage of United States dollars, an international research firm has said. United Kingdom-b...Published: 18 Nov 2018 at 07:46hrs | 1280 | by Staff reporter
Currency options for crisis-ridden Zimbabwe
Zimbabwe needs to introduce a hybrid foreign currency management system or create a long maturity US$ Brady type bond to preserve savings amid the currency chaos, renowned economist Ashok Chakravarti ...Published: 18 Nov 2018 at 07:45hrs | 1072 | by Staff reporter
Zimbabwe war vets push for more cash
War veterans are pushing government for more money and a stake in the mainstream economy.The issue was revived in the Senate on Thursday when MDC Matabeleland North Senator Phyllis Ndlovu aske...Published: 17 Nov 2018 at 15:47hrs | 1967 | by Staff reporter
Policeman caught stealing meat using fake ecocash
A Harare policeman has been arrested for defrauding a butchery using a fake Ecocash transfer message, we can reveal. The accused Jacob Zengeya from Mabvuku is an employee of the Zimbabwe ...Published: 17 Nov 2018 at 09:47hrs | 2557 | by Mandla Ndlovu
Knives out for ZANU PF's Mlungisi Moyo
ZANU PF s provincial secretary for finance in Bulawayo might soon recalled from his position amidst accusations that he has set up parallel structures stuffed with illegal money changers in a plot to ...Published: 17 Nov 2018 at 08:56hrs | 3178 | by Mandla Ndlovu
Zimbabwe should start embracing agrobusiness as priority of turning around the economy
Agriculture have to be in the centre stage in plans for the revival of Zimbabwe's ailing economy. Getting agriculture moving in Zimbabwe is a big task. The radical land reform of 2000 has left many ou...Published: 15 Nov 2018 at 14:02hrs | 861 | by Enos Denhere
Mnangagwa proposes more tough austerity measures
President Emmerson Mnangagwa has said there is no going back on his unpopular new tax on electronic transactions and promised expenditure cuts across government departments.The country introdu...Published: 15 Nov 2018 at 12:54hrs | 1584 | by Staff reporter
A year after Robert Mugabe in Zimbabwe
Zimbabwean politics appear to have changed due to the media reportage of the past twelve months since Robert Mugabe's ouster in the political scene. The question of a new Zimbabwe in the name of the n...Published: 15 Nov 2018 at 12:29hrs | 726 | by Brian Maregedze
A year after Mugabe, hopes for a new Zimbabwe still low
A year since a trio of army generals held former Zimbabwean President Robert Mugabe under house arrest as part of a 10-day military operation that enabled his protege, Emmerson Mnangagwa, to take powe...Published: 15 Nov 2018 at 09:19hrs | 948 | by Aljazeera
Butchery manager lucky to be alive as armed robber strikes
A manager at a local butchery is lucky to be alive after an armed robber allegedly jumped into his car in the city centre and forced him to drive to Montrose suburb before robbing him of $7 000. ...Published: 15 Nov 2018 at 05:39hrs | 1186 | by Staff reporter
Money changers desert Bulawayo streets
ILLEGAL money changers in Bulawayo have devised new tricks to evade arrest following President Emmerson Mnangagwa's promulgation of new regulations that may see offenders being jailed for up to 10 yea...Published: 15 Nov 2018 at 05:37hrs | 2084 | by Staff reporter
Government calls rogue pharmacies to order
GOVERNMENT has directed pharmacies to stop demanding foreign currency from patients for drugs which are now available locally through NatPharm. In an interview at the close of the 67th East, C...Published: 15 Nov 2018 at 05:35hrs | 988 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 14 Nov 2018 at 15:10hrs | 3174 | by newZwire with The Source
Air Zimbabwe rot exposed
An audit report on the operations of the Air Zimbabwe (Private) Limited has unearthed massive unaccounted leakages of funds that could have prejudiced the parastatal of millions of dollars.Acc...Published: 14 Nov 2018 at 13:37hrs | 1803 | by Staff reporter
Mnangagwa's govt and Zimbabwe banks should carry own cross
If there is anything that we could learn from the global economic crisis of 2008, it is that excessive risk-taking, manipulation and poor hedging often result in huge enterprise and economic losses. T...Published: 14 Nov 2018 at 09:39hrs | 2466 | by Equity Axis
'I have Thatcher's iron lady resolve,' says ED - rigged election for iron grip on power, must prise free
"WHEN Margaret Thatcher was elected UK prime minister in 1979, she recognised that piecemeal change would not be sufficient to tackle the problems of labour unrest, rampant inflation and economic stag...Published: 14 Nov 2018 at 09:05hrs | 1372 | by Patrick Guramatunhu
Mnangagwa finally breaks free of Mugabe shodow
After 56 years of working under Mugabe, ED finally breaks free from the ambits of his master and successfully established himself in one year. November has become a month which will be r...Published: 14 Nov 2018 at 07:00hrs | 12171 | by Dr Masimba Mavaza
Chamisa struggles to pay polling agents
THE MDC Alliance in Midlands is struggling to pay off agents who manned polling stations for the party during the July 30 elections, amid revelations that a partner organisation which had committed to...Published: 14 Nov 2018 at 06:07hrs | 1896 | by Staff reporetr
Zimbabwe inflation hits the 20.8% mark, RBZ targets 7%
Zimbabwe's annual inflation rose sharply to a record 20.8 percent in October after it gained 15.46 percentage points from the September rate of 5.39 percent. The Consumer Price Index (CPI) for...Published: 13 Nov 2018 at 16:03hrs | 1555 | by Staff reporter
Mnangagwa tightens noose on cash barons
CASH barons who have been accused of fuelling parallel market currency rates and a raft of other economic ills will now face up to two years in prison if they fail to explain the source of their wealt...Published: 13 Nov 2018 at 06:15hrs | 4200 | by Staff reporter
Mnangagwa's corruption laws must not just be paper tigers
WHILE we applaud President Emmerson Mnangagwa for gazetting regulations meant to deal with the scourge of corruption in the financial services sector, it is more important to ensure implementation of ...Published: 13 Nov 2018 at 06:08hrs | 198 | by Editorial - newsday
Guard on the run after R30 000 theft
A SECURITY guard is on the run after allegedly stealing R30 000 and $200 from a lodge where he was employed in Gwanda. Matabeleland South provincial police spokesperson Chief Inspector Philisa...Published: 13 Nov 2018 at 05:52hrs | 415 | by Staff reporter
Stolen receipts storm rocks Zesa
SOME Zimbabwe Electricity Transmission and Distribution Company (ZETDC) officials have flown into the eye of a storm after receipts mysteriously disappeared from a banking hall in the Southern Region....Published: 13 Nov 2018 at 05:51hrs | 417 | by Staff reporter
1 year after Mugabe fall, Zimbabwe asks 'What has changed?'
One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power.Tanks rolled in the streets of the capital, Harare, on November 14, 2017, and the military put Mugabe under hou...Published: 12 Nov 2018 at 14:25hrs | 1957 | by AP
Strive Masiyiwa opts out as Econet profits surge
After tax profits in Econet Wireless spiked, propped up by increased uptake of data and fintech services although founder, Strive Masiyiwa has now opted out of the day-to-day board functions of the co...Published: 12 Nov 2018 at 06:19hrs | 11277 | by Staff reporter
Mthuli Ncube under fire
Finance minister Mthuli Ncube has come under heavy fire after signalling his intention to acquire vehicles for the country's lawmakers as well as paying the thirteenth cheque for government's 550 000 ...Published: 12 Nov 2018 at 05:57hrs | 5531 | by Staff reporter
Panic as Mnangagwa targets cash barons' bank accounts
BOGUS businesspersons operating briefcase companies that fed on government tender manipulation and kickbacks to amass wealth are reportedly in panic mode after the State said it would use the Zimbabwe...Published: 12 Nov 2018 at 05:48hrs | 8690 | by Staff reporter
Money is the root of all evil
We all use money every day and yet few of us really understand what these bits of paper or cotton or simply figures in a ledger really mean. But we know the stuff is important.In economic term...Published: 12 Nov 2018 at 05:38hrs | 991 | by Eddie Cross
Deadly violence after lobola money disappears
AN injiva who had just arrived from South Africa allegedly thumped his relative with a log and he died a few hours later following a row over R2 000 meant for lobola that allegedly went missing from h...Published: 12 Nov 2018 at 05:31hrs | 2076 | by Staff reporter
Chinese billionaire commits to invest in Zimbabwe
ONE of China's top billionaires, Mr Li Jinyuan, has committed to invest in Zimbabwe after he held talks with President Emmerson Mnangagwa last week. Mr Li, who is chairman and chief executive ...Published: 12 Nov 2018 at 05:24hrs | 609 | by Staff reporter
'Bond notes have been a success'
RESERVE Bank of Zimbabwe governor John Mangudya had a torrid time at the pre-budget seminar for legislators in Bulawayo last week when he was grilled over currency problems bedevilling the country....Published: 11 Nov 2018 at 12:26hrs | 2084 | by Staff reporter
All eyes on Mthuli Ncube
FINANCE and Economic Development minister Mthuli Ncube's maiden national budget should target the revival of the productive sectors of the economy to set the tone for revival, business has advised....Published: 11 Nov 2018 at 12:24hrs | 1249 | by Staff reporter
Mthuli Ncube tax evokes memories of 2008 crisis in Zimbabwe
When Zimbabwean President Emmerson Mnangagwa appointed a comparatively youthful, Cambridge-trained economist as finance minister in September, he gave him an almost impossible task: repay billions of ...Published: 11 Nov 2018 at 10:25hrs | 1136 | by Bloomberg
Why has Africa not developed after attaining independence?
Dear AfricaI grew up thinking that Africa was once referred to as a dark continent because most of its inhabitants are dark in complexion. Honestly it didn't bother me because to me black is r...Published: 11 Nov 2018 at 09:21hrs | 504 | by Munya Shumba
All hands on the deck
Any diligent and committed worker 'goes out of his way' to deliver or bring the best out of his/her performance, sometimes 'burning the candle through witching hours'. It is very unfortunate if one th...Published: 11 Nov 2018 at 09:19hrs | 55 | by Staff reporter
Artistes mourn Joe Maseko
The Executive Producer of Rising Sounds Studio Joe Maseko has passed on. He is remembered as one of the unsung heroes who positively shaped the music Industry in Southern Africa. Artistes ...Published: 11 Nov 2018 at 09:09hrs | 922 | by Mandla Ndlovu
Let's make the smart phone disposable
Smartphones continue to be targeted by robbers, pickpockets and thieves. Many people have been victims of robberies where smartphones are the prized target. The advent of mobile money transfer...Published: 10 Nov 2018 at 17:00hrs | 1982 | by Tondo Murisa
Solar energy plant not yet a boon for locals
MANAMA, Gwanda South - Three years ago, in 2015, when the 200-panel mini-grid solar energy power plant was established in this remote and hot rural community, 140km south of Gwanda town and about 20km...Published: 10 Nov 2018 at 11:17hrs | 662 | by Staff reporter
Budget should address economic fundamentals, Mthuli Ncube urged
REPRESENTATIVES from various sectors of business have challenged Finance minister Mthuli Ncube to address critical issues such as the budget deficit and currency reforms when he presents the 2019 Nati...Published: 10 Nov 2018 at 11:03hrs | 163 | by Staff reporter
Zimbabwe pharmacies condemn the ill to death
THE country's sick have been condemned to death in the country by pharmacies that remain defiant and demand foreign currency payments for drugs. Just watching the events at pharmacies unfold as the da...Published: 10 Nov 2018 at 10:39hrs | 454 | by Andile Tshuma
Greedy MPs demand vehicles from cash strapped Zimbabwe govt
LEGISLATORS have said the Government has taken too long to buy them service vehicles with the issue being among the most topical during the ongoing 2019 Parliamentary pre-budget seminar in Bulawayo. ...Published: 10 Nov 2018 at 09:15hrs | 462 | by Staff Reporter
Reality check for Mthuli Ncube
Under-pressure Finance minister Mthuli Ncube faces a tough task in balancing policy measures that stabilise the economy and populist demands from the ruling party when he presents his much-awaited N...Published: 09 Nov 2018 at 17:18hrs | 4422 | by Staff reporter
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