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Millers mull roller meal price hike
GRAIN Millers Association of Zimbabwe (GMAZ) chairperson Tafadzwa Musarara has announced plans to increase the price of subsidised roller-meal to between US$2,50 and US$3 to cushion millers from infla...Published: 6 hrs ago | 1461 | by Staff reporter
Zimbabwe's new cyber law to target online government and military critics
ZIMBABWE could sanction the search for government critics online, thanks to a planned cyber-security law earmarked to make it an offence to spread falsehoods and deal with leakage of official informat...Published: 12 Jul 2020 at 10:53hrs | 248 | by Dumisani Ndlela
Zimbabwe's reserve money falls to $11,26 billion
The Reserve Bank of Zimbabwe (RBZ) says introduction of the foreign currency market auction system saw reserve money falling by 11% to $11,26 billion as at July 3.Zimbabwe conducted its first ...Published: 12 Jul 2020 at 10:50hrs | 809 | by Staff reporter
Zanu-PF to expel Old Mutual from Zimbabwe?
Zimbabwe's ruling party said it will expel Old Mutual Ltd. from its financial system, sowing confusion over the status of the insurance giant in the country and what will happen next in the government...Published: 11 Jul 2020 at 16:47hrs | 10398 | by Bloomberg
The owners of Zimswitch revealed
On Wednesday the Reserve Bank of Zimbabwe announced that it has designated Zimswitch as a national payment switch with immediate effect.According to the statement, all mobile money transmissio...Published: 10 Jul 2020 at 09:39hrs | 13836 | by Mandla Ndlovu
Mthuli Ncube faces uphill task
FINANCE minister Mthuli Ncube, expected to present his mid-term budget statement next week, faces a daunting task to craft a cocktail of measures to stem the steepest economic decline in Zimbabwe sinc...Published: 10 Jul 2020 at 07:21hrs | 4151 | by Staff reporter
NRZ splurges US$319K on vehicles
THE state-owned National Railways of Zimbabwe has spent more than US$319 000 on six luxury cars for top managers, amid allegations the money was diverted from a purse meant for the refurbishment of lo...Published: 10 Jul 2020 at 07:18hrs | 2406 | by Staff reporter
RBZ gets rare praises over ZIMSWITCH move
Political Analyst Michael Mdladla Ndiweni has defended the announcement by the Reserve Bank of Zimbabwe to designate ZIMSWITCH as the national payment switch. In a post on Facebook, Ndiweni sa...Published: 09 Jul 2020 at 22:29hrs | 5649 | by Mandla Ndlovu
RBZ designates Zimswitch as a national payment switch
The Reserve Bank of Zimbabwe (RBZ) has designated Zimswitch as a national payment switch with immediate effect as it moves to operationalise Statutory Instrument 80 of 2020, which enables it to contro...Published: 09 Jul 2020 at 19:21hrs | 2025 | by Staff reporter
Why is tech so important in business?
Tech has such an important impact on business operations in general. It doesn't matter what size your enterprise is because tech has tangible and even intangible benefits that will help you to make mo...Published: 09 Jul 2020 at 16:43hrs | 385 | by Staff Writer
Zimbabweans should refuse to be abused, and used as sacrificial lambs for a self-serving ruling elite opportunist clique
Whenever any government resorts to habitually and incessantly using the 'national interests' tag, then a wise nation should immediately know that their leaders have reached record lows in their parasi...Published: 09 Jul 2020 at 15:32hrs | 831 | by Tendai Ruben Mbofana
Armed soldiers raid Hurungwe hospital...steal US$1 500
Detectives of the Zimbabwe Republic Police are said to have arrested commandos and paratroopers who raided Chidamoyo Mission Hospital in Hurungwe and stole US$1 500.Media reports say that the ...Published: 09 Jul 2020 at 11:44hrs | 5223 | by Mandla Ndlovu
7 soldiers rob hospital
SEVEN armed soldiers and five civilians were arrested in Chinhoyi after raiding Chidamoyo Mission Hospital in Hurungwe and getting away with US$1 500 and other valuables.The armed robbery reported...Published: 09 Jul 2020 at 07:21hrs | 2720 | by Staff reporter
Mnangagwa to pay £3bn land grab compensation
WENTY years after a violent takeover of white-owned commercial farms by the Zanu-PF regime led by the late former President Robert Mugabe, the new administration led by his former deputy Emmerson Mnan...Published: 09 Jul 2020 at 07:19hrs | 1448 | by Staff reporter
5 ways to make money with just your phone
It is amazing to think about all of the different ways that you can make money today. There used to be a day not too long ago when traveling meant that you could not add to your bankroll while you wer...Published: 09 Jul 2020 at 06:59hrs | 986 | by Staff writer
The truth about King Lobengula's treasure revealed
Historical notes from Percy Crewe who was close to King Lobengula has refuted reports that the King had lots of money and treasure given to him by the whitesCrewe writes that the King had a fe...Published: 08 Jul 2020 at 09:45hrs | 4619 | by Mandla Ndlovu
Covid-19 plunges Zimbabwe into wildlife management crisis - What can be done before vaccine?
The Covid-19 pandemic has led to an almost three-month ban on international and domestic travel to Zimbabwe's prime tourist resorts. This has plunged the country into a wildlife management crisis char...Published: 08 Jul 2020 at 07:34hrs | 1704 | by Emmanuel Koro
Zimdollar continues to depreciate against the dollar
The Zimbabwe dollar depreciated 3.2% at the foreign currency auction to 65.8765 from 63.7442 last week. Today's auction marked the entry of exporters and holders of free funds who were liquidating the...Published: 07 Jul 2020 at 17:42hrs | 3051 | by Staff reporter
The greatest threat to Zimbabwe's peace and security are not foreign entities, or their 'stooges', but it's ZANU PF itself!
Reading the media in Zimbabwe, even since the November 2017 military coup d'etat - which toppled long-time tyrant Robert Gabriel Mugabe, replacing him with his decades-long right-hand man and protégÃ...Published: 07 Jul 2020 at 14:46hrs | 2041 | by Tendai Ruben Mbofana
Over 200 arrested for rejecting bank notes
So far 202 people have been arrested for rejecting dollars and labelling them "bond notes", with 51 of them already brought to court, while five have been fined between $200 and $500. The arre...Published: 06 Jul 2020 at 13:05hrs | 666 | by Staff reporter
The Ecocash heist - A modern tale of irresponsible corporate behaviour
Sometime in 2013, I applied and became an Ecocash Agent (Agent), and immediately set shop in at least two locations within Harare CBD. The setup and running costs for me as an Agent were high, but the...Published: 03 Jul 2020 at 19:27hrs | 6531 | by Tendayi Mudhadha
FCA account holders fail to withdraw cash
INDIVIDUALS with nostro foreign currency accounts (FCAs) in Zimbabwe are failing to withdraw US dollars from banks, a development which undermines public confidence and trust in the financial system....Published: 03 Jul 2020 at 08:27hrs | 6091 | by Staff reporter
Bogus land officer swindles Zanu-PF supporters
A BOGUS lands officer appeared in court on Wednesday facing allegations of fraud after he allegedly demanded Zanu-PF membership cards and cash from desperate home seekers in Banket.Lovemore Lu...Published: 03 Jul 2020 at 07:53hrs | 840 | by Staff reporter
Mnangagwa's govt splurges millions on ambassadors' new cars
THE cash-strapped Zimbabwe government has splurged millions to purchase top-of-the-range vehicles for nearly 50 ambassadors posted across the globe when the State is failing to pay agitated civil serv...Published: 03 Jul 2020 at 07:52hrs | 4041 | by newzimbabwe
It's too risky for Mnangagwa to let soldiers go hungry
REPORTS that morale has hit rock bottom in the army make for sad and terrifying reading. Zimbabwe's worsening economic situation, coupled with a severe food crisis, hyperinflation and cash shortages p...Published: 01 Jul 2020 at 07:25hrs | 6095 | by Staff reporter
Zimbabwe security chefs fingered in mobile money suspension
Zimbabwe's security force leaders sidelined the nation's economic chiefs and forced the government to close the stock exchange and halt most mobile-money transactions, people familiar with the situati...Published: 30 Jun 2020 at 22:44hrs | 5842 | by Staff reporter
Govt launches regularisation programme
Government has launched the national regularisation programme, which is expected to tighten the screws on land barons by bringing sanity to all informal settlements countrywide. Land barons ha...Published: 30 Jun 2020 at 16:50hrs | 2487 | by Staff reporter
FAO doubts Zimbabwe's cereal import capacity
ZIMBABWE'S cereal import requirements for the 2020/21 year are estimated at about 1,1 million tonnes amid concern over the country's capacity to access offshore supplies at a time it is battling worse...Published: 30 Jun 2020 at 08:15hrs | 336 | by Staff reporter
RBZ injects more cash into circulation
The Reserve Bank of Zimbabwe (RBZ) says it injected approximately $64 million cash into circulation during the week ending June 19, 2020. According to statistics released last Friday by the ce...Published: 30 Jun 2020 at 08:14hrs | 1777 | by Staff reporter
Currency is not stabilised by stern policy: MDA tells Zanu PF
The leader of the Mthwakazi Democratic Alliance Hloniphani Ncube has warned Zanu PF government that currency is not stabilised by stern policies.This was after the government announced the sus...Published: 30 Jun 2020 at 07:59hrs | 1533 | by Stephen Jakes
EcoCash suspends agent, bulk payer lines
DOMINANT mobile money service provider, EcoCash, says all of its agent and bulk payer lines have been suspended until further notice in compliance with the Reserve Bank of Zimbabwe (RBZ) directive. ...Published: 30 Jun 2020 at 07:57hrs | 2256 | by Staff reporter
Plot to destabilise Zimbabwe economy exposed?
AS Government intensifies efforts to close channels that are fuelling the black market and other illicit financial activities, it has emerged that some foreign nations and individuals have been trying...Published: 30 Jun 2020 at 07:52hrs | 2103 | by Staff reporter
Chihuri says Mnangagwa targeting him over a woman
Former Zimbabwe Republic Police Commissioner Augustine Chihuri has claimed that President Mnangagwa is persecuting him over a war time clash over a woman, in a case where he is challenging the validit...Published: 29 Jun 2020 at 08:03hrs | 5134 | by Staff reporter
Zimbabwe mobile operators called to further national interests
The Zimbabwean government has been commended for its firm stance in fighting illegal dealings connected with the foreign currency black market to restore mobile money platforms to their original purpo...Published: 28 Jun 2020 at 20:05hrs | 1179 | by Staff reporter
'Mobile money suspension will bury Zimbabwean economy'
THERE is a debilitating mixture of chaos, confusion and panic among both consumers and businesses across the country, after the government made a surprise announcement late on Friday evening that it w...Published: 28 Jun 2020 at 17:41hrs | 1948 | by Staff reporter
Zimbabwe on the edge again?
A Zimbabwean shopper in a Harare supermarket shook his head, grumbling as he returned a loaf of bread to a rack after finding the price had jumped by a third and he could no longer afford it.N...Published: 28 Jun 2020 at 10:17hrs | 3253 | by AFP
Zimbabwe needs a fresh start and a people's government!
MDC Alliance leader Nelson Chamisa has said Zimbabwe needs a fresh start and a people's government after the Zanu PF government has successively failed to ruin the country for 40 years now."Zi...Published: 28 Jun 2020 at 10:03hrs | 1750 | by Stephen Jakes
The three pendulums of Zimbabwean politics
The names Mugabe, Mujuru and Mnangagwa have hogged the headlines of Zimbabwean politics for over a century collectively. The three have nothing to show for the hectares of space that their names have ...Published: 28 Jun 2020 at 09:58hrs | 2752 | by Joseph 'Slovo' Mupokosera
EcoCash ignores govt ban amid
ECOCASH has continued offering its services despite a shock government ban on mobile money services on Friday.The government said it had suspended all mobile money services as it battles again...Published: 28 Jun 2020 at 08:17hrs | 1074 | by Staff reporter
Mobile money transactions not to blame for economic woes
FORMER Finance minister Tendai Biti has called government's ban on trading on the Zimbabwe Stock Exchange (ZSE) and all mobile money transactions as "madness" with terrible consequences.The ba...Published: 28 Jun 2020 at 08:15hrs | 559 | by Staff reporter
Corruption stifles economic growth
United States Agency for international development (USAid) country director, Stephanie Funk (SF), says failed economic policies and corruption, and not Western sanctions, are hindering Zimbabwe's econ...Published: 28 Jun 2020 at 08:13hrs | 275 | by Staff reporter
Zimbabwe economy run by master criminals fleecing the poor
Ordinary Zimbabweans have suffered for years as a result of currency manipulation and corruption by the elites who have siphoned US dollars away into their overseas bank accounts. Now, a recent ruling...Published: 28 Jun 2020 at 08:11hrs | 1487 | by Thandekile Moyo
Mobile money suspension drastic
The move on Friday night by government to suspend, with immediate effect, all monetary transactions on mobile money platforms, left the country confused and in shock.President Emmerson Mnangag...Published: 28 Jun 2020 at 08:03hrs | 161 | by Staff reporter
Car thief arrested
A MAN from Entumbane in Bulawayo has appeared in court facing charges of stealing US$9 000, R11 200 and $5 700 from a parked vehicle.Candy Nyathi (28) was not asked to plead to the charges whe...Published: 28 Jun 2020 at 07:59hrs | 360 | by Staff reporter
RBZ confirms mobile money ban but keeps platforms open for small transactions
THE Reserve Bank of Zimbabwe (RBZ) has suspended all money agents from mobile financial transactions but the general public can still continue to transact using the platforms.In a statement ye...Published: 28 Jun 2020 at 07:18hrs | 304 | by Staff reporter
Sticky-fingered conductors strike Zupco, again
PILFERING staffers have been the proverbial monkey on Zimbabwe United Passenger Company (Zupco)'s case ever since it was brought back to life.Last year, the mass public transport operator jett...Published: 28 Jun 2020 at 07:15hrs | 990 | by Staff reporter
Mangudya suspends mobile money agents
The Reserve Bank of Zimbabwe has suspended mobile money agents from facilitating mobile financial transactions and has placed restrictions on merchant transactions.This follows a pronouncement...Published: 27 Jun 2020 at 19:51hrs | 3646 | by Staff reporter
RBZ clarifies phone based mobile money platforms position
Below is a statement released by the Reserve Bank of Zimbabwe on the suspension of phone based mobile money platforms.On the Suspension of Monetary Transactions on Phone Based Mobile Money Pla...Published: 27 Jun 2020 at 17:42hrs | 5096 | by Staff reporter
Govt suspends EcoCash, 3 other platforms
GOVERNMENT has, with immediate effect, suspended all monetary transactions on mobile money platforms "to deal with malpractices, criminality and economic sabotage perpetuated by the wolves in sheep sk...Published: 27 Jun 2020 at 17:03hrs | 1096 | by Staff reporter
'Mnangagwa's govt will not print money'
THE government will not print more money to alleviate the cash shortages in the country, Deputy Finance minister Clemence Chiduwa, has said.Speaking in the National Assembly on Wednesday, Chid...Published: 27 Jun 2020 at 17:02hrs | 1491 | by Staff reporter
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