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United Arab Emirates to send opportunity scouts to Zimbabwe
A high-powered business delegation from the United Arab Emirates will soon visit Zimbabwe to scout for potential business opportunities offered by the country under the new dispensation, Finance and E...Published: 2 hrs ago | 68 | by Staff reporter
EcoCash leaves consumers stranded
EcoCash services remained intermittent or non-available yesterday, causing major business losses and much hardship since the platform handles 85 percent of Zimbabwe's transactions and 99 percent of mo...Published: 2 hrs ago | 210 | by Staff reporter
Gloomy festive season for Zimbabweans
The National Consumer Rights Association (Nacora) and the Zimbabwe Congress of Trade Unions (ZCTU) have predicted a gloomy festive season for ordinary citizens. They have also blamed the government fo...Published: 10 hrs ago | 538 | by Staff reporter
Cash scam - RBZ clears Ecobank
Ecobank says the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has exonerated the financial institution after completing investigations into alleged diversion of funds to the black mark...Published: 10 hrs ago | 300 | by Staff reporter
Ecobank speaks on $15,000 cash found on parallel market
Ecobank Zimbabwe Limited has said it complied with regulatory requirements before approving a $15 000 cash withdrawal by a customer which resulted in pictures of new Zimbabwe dollar notes circulating ...Published: 10 hrs ago | 332 | by Staff reporter
EcoCash upgrade 'a success'
ECOCASH has announced that it has successfully migrated to a new platform and is now addressing post-cutover stabilisation issues. In a statement yesterday, Mr Eddie Chibi, the chief exe...Published: 19 Nov 2019 at 05:49hrs | 2214 | by Staff reporter
ZRP beefs up security in 'machete warzone'
POLICE have beefed up security in "machete warzones" to end bloodshed among artisanal miners and to reduce other criminal activities. Several people have died this year in bloody fights betwee...Published: 19 Nov 2019 at 05:45hrs | 548 | by Staff reporter
Business suffers as EcoCash still down
Retailers and other business entities may have lost potential revenue running into hundreds of millions of dollars after Zimbabwe's biggest mobile money platform, EcoCash, remained largely out of serv...Published: 19 Nov 2019 at 05:42hrs | 697 | by Staff reporter
EcoCash post upgrade off to bumpy start
Giant mobile phone operator Econet says it has successfully upgraded its Ecocash platform although users are having challenges to transact.Econet announced that week that it was carrying...Published: 18 Nov 2019 at 18:20hrs | 2944 | by Staff Reporter
Securing a personal loan - Some undeniable advantages
Why apply for a personal loan? This money can be used to finance various projects and needs in cash without having of own funds or without having ...Published: 18 Nov 2019 at 09:03hrs | 840 | by Staff Writer
Kasukuwere speaks on Share Ownership schemes
Exiled former Minister Saviour Kasukuwere has distanced himself from allegations that he profited from the Community Share ownership Scheme that was launched when Kasukuwere was Minister of Indiginisa...Published: 18 Nov 2019 at 07:58hrs | 5101 | by Mandla Ndlovu
Fraud accused wails uncontrollably, court adjourns
A court sitting in Gweru was forced to adjourn for some minutes after a businesswoman accused of swindling a music promoter and businessman of US$17 000 wept uncontrollably after she was asked to stan...Published: 18 Nov 2019 at 06:30hrs | 1029 | by Staff reporter
Mthuli Ncube hails RBZ swift action on CBZ, Ecobank
Finance and Economic Development Minister Professor Mthuli Ncube has praised the Reserve Bank of Zimbabwe (RBZ) for swiftly acting against two banks alleged to have allowed their depositors to make wi...Published: 18 Nov 2019 at 06:26hrs | 1511 | by Staff reporter
Mnangagwa courts Dubai investors
Zimbabwe intends to lure cash-rich investors from the United Arab Emirates (UAE) to exploit opportunities in mining, tourism and manufacturing when it engages them at the 5th Global Business Forum on ...Published: 18 Nov 2019 at 06:25hrs | 180 | by Staff reporter
Mnangagwa threatens cash barons
Zimbabwe's economy will rebound next year, as Government has set a solid foundation for growth despite being plagued by the worst drought in four decades in the 2018/2019 season, President Emmerson Mn...Published: 17 Nov 2019 at 05:25hrs | 615 | by Staff reporter
You have no honour here, Minister Mthuli
Far from the quixotic idealism of city life, the rural setting presents life in its most raw form, including the intimate and inextricable relationship between man and nature.Nowhere is man fo...Published: 17 Nov 2019 at 05:20hrs | 208 | by Bishop Lazi
Mnangagwa says economy to rebound in 2020
Zimbabwe's economy will rebound next year, as Government has set a solid foundation for growth despite being plagued by the worst drought in four decades in the 2018/2019 season, President Emmerson Mn...Published: 17 Nov 2019 at 05:20hrs | 168 | by Staff reporter
Call for citizens to stone oSiphathelani made
ZANU PF activist and journalist Reason Wafawarova has called Zimbabweans to stone the illegal money changers and throw their money to the streets for people to pick. Said Wafawarova, "Mob just...Published: 16 Nov 2019 at 23:39hrs | 5310 | by Mandla Ndlovu
Mthuli Ncube to embark on a brutal clampdown against cash barons
THE government has warned that it would embark on a brutal clampdown against cash barons and unscrupulous bank officials who are diverting money to the black market, the Daily News reports.Thi...Published: 16 Nov 2019 at 19:16hrs | 2510 | by Staff reporter
Nothing amiss in cash withdrawals above stipulated limits, Mangudya
Reserve Bank of Zimbabwe Governor, Dr John Mangudya, says there is nothing amiss in depositors withdrawing cash above stipulated limits as exemptions are normal in the financial services sector....Published: 15 Nov 2019 at 19:21hrs | 5021 | by Staff reporter
Outrage over bank charges
Depositors have expressed concern over the high banking charges levied by financial institutions.Speaking at a post-2020 Budget breakfast meeting co-organised by Zimpapers and ZBC in Harare th...Published: 15 Nov 2019 at 19:20hrs | 2777 | by Staff reporter
'No tickets to be sold at NSS'
ZIFA have urged supporters to come early for the opening 2021 AFCON qualifier against Botswana at the National Sports Stadium this evening.The association's spokesperson Xolisani Gwesela said ...Published: 15 Nov 2019 at 19:18hrs | 565 | by Staff reporter
Mthuli's budget a drop in the ocean
The 2020 budget is out but the future of the country still looks all gloom and not inspiring at all.The budget lacks clarity and is full of deception, lies and falsehoods. After austerity meas...Published: 15 Nov 2019 at 08:13hrs | 1589 | by Leonard Koni
8 Beitbridge bodies face pauper's burial
GOVERNMENT officials in Beitbridge, who are grappling with a mortuary crisis following the suspension of morgue services at the 160-bed Beitbridge District Hospital last week, are seeking authority to...Published: 15 Nov 2019 at 06:29hrs | 586 | by Staff reporter
Can new Zimdollar relieve the chronic cash crunch?
Gason Mukuvadzi, a lanky man with boyish looks, sits behind a makeshift desk in Mbare's Mupedzanhamo centre. An umbrella canvas shelters him from the blistering sun as he waits for customers looking t...Published: 15 Nov 2019 at 06:19hrs | 271 | by Staff reporter
Police dismiss social media reports on wads of notes 'linked' to Mutodi
POLICE have dismissed as false, social media reports claiming that they intercepted wads of new bank notes linked to Media, Information and Broadcasting Services Deputy Minister, Energy Mutodi. ...Published: 15 Nov 2019 at 06:16hrs | 302 | by Staff reporter
Ecobank, CBZ fingered in new notes, coins withdrawal scandal
THE Reserve Bank of Zimbabwe (RBZ) has said appropriate disciplinary measures will be taken against Ecobank Zimbabwe and CBZ Bank after two clients withdrew $15 000 and $44 180 respectively from the t...Published: 15 Nov 2019 at 06:14hrs | 562 | by Staff reporter
Mnangagwa govt warms to Chamisa talks
THE Zanu-PF government has warmed up to dialogue with opposition leader Nelson Chamisa following his "conciliatory tone" over President Emerson Mnangagwa's legitimacy, but rejected foreign mediation i...Published: 14 Nov 2019 at 21:42hrs | 8862 | by Staff reporter
RBZ nails CBZ Bank over cash leakage
POLICE are investigating a case in which CBZ Bank released new $2 notes amounting to $44 180 to a single customer.This followed a picture of wads of new notes stashed in a black plastic contai...Published: 14 Nov 2019 at 21:36hrs | 1960 | by Staff reporter
Ecobank in hot soup over cash abuse
Reserve Bank of Zimbabwe (RBZ) says Ecobank is responsible for releasing the wads of brand new notes circulating on social media. RBZ Governor Dr John Mangudya has this afternoon indicated tha...Published: 14 Nov 2019 at 17:10hrs | 3158 | by Staff Reporter
Let's give the MPC time to deliver
The newly constituted Monetary Policy Committee (MPC) of the Reserve Bank of Zimbabwe (RBZ) had its inaugural meeting on the 28th and 29th of October 2019. This was another milestone for the Central B...Published: 14 Nov 2019 at 12:41hrs | 1538 | by Nathan Chikara
The world of online casino gaming
The generation we belong to had just started to understand something known as computer games. Our generation that would rely heavily on entertainment watching Hanna Barbara's epic creation of Tom &...Published: 14 Nov 2019 at 08:21hrs | 383 | by Staff Writer
RBZ investigates banks over new currency
The Ministry of Information Publicity and Broadcasting Services has announced that government through the Reserve Bank of Zimbabwe is investigating allegations of abuse of newly released bank notes. ...Published: 14 Nov 2019 at 08:02hrs | 4932 | by Mandla Ndlovu
New notes, coins hit Bulawayo
EXCITED depositors yesterday flocked to their banking halls in Bulawayo to withdraw new notes and coins following the cash injection on Monday into the formal system by the Reserve Bank of Zimbabwe (R...Published: 14 Nov 2019 at 05:33hrs | 2169 | by Staff reporter
Net closes in on machete attackers
Criminal activities by marauding gangs of artisanal miners turned machete attackers have surged countrywide, with reported cases of murder, rape, assault, housebreaking and stock theft leaving many co...Published: 14 Nov 2019 at 05:29hrs | 601 | by Staff reporter
Once cash economy is taxed, who needs cash
There never was any possibility of keeping the bulk of the new notes and coins out of the informal sector, or at least the bulk of the first batches released to banks, since the main reason why most p...Published: 14 Nov 2019 at 05:28hrs | 532 | by Staff reporter
New notes and coins won't cause inflation, RBZ
Bank notes and coins introduced early this week to satisfy legitimate demand for coins and small notes will not fuel inflation, Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has said....Published: 13 Nov 2019 at 16:58hrs | 1586 | by Staff reporter
Armed gang bags US$20 000
A FILABUSI businessman lost US$20 660, R72 300 and $1 100 among other valuables to four men armed with pistols who stormed his home in a pre-dawn raid, police confirmed yesterday. Matabeleland...Published: 13 Nov 2019 at 06:35hrs | 848 | by Staff reporter
Huge demand for cash
Depositors, who formed long queues at banks and building societies, were withdrawing new coins and notes yesterday after the Reserve Bank of Zimbabwe (RBZ) released the first $30 million on Monday, bu...Published: 13 Nov 2019 at 06:25hrs | 746 | by Staff reporter
Zimbabweans angered by $300 bank withdrawal limits
Zimbabweans finally got access to new low-denomination currency on Tuesday that authorities hope will end chronic cash shortages, but banks maintained an existing weekly withdrawal limit of $300 (US$2...Published: 12 Nov 2019 at 18:08hrs | 4005 | by Staff reporter
Zimbabwe banks begin disbursing new notes
Depositors in Harare have started accessing new notes as promised by the Reserve Bank of Zimbabwe Governor, Dr. John Mangudya.A snap survey in Harare's Central business district revealed that ...Published: 12 Nov 2019 at 17:50hrs | 1102 | by Staff reporter
EcoCash announces system upgrade to improve performance
EcoCash today announced a major upgrade of its platform scheduled for the weekend, which will result in a 24-hour downtime of all EcoCash services.Announcing the upgrade - which is set to take...Published: 12 Nov 2019 at 16:03hrs | 2474 | by Agencies
Long queues as Zimbabwe releases new bank notes, coins
New bank notes and coins finally hit the streets of Zimbabwe on Tuesday after a false start the day before, with depositors forming long queues at banks and ATMs. The new notes are part of Pre...Published: 12 Nov 2019 at 12:07hrs | 3370 | by Staff reporter
Zimbabweans to withdraw US$14 a week
Zimbabweans will be limited to withdraw a maximum of ZWL$300 (US$14) a week the State owned Sunday Mail has revealed. The paper said bank account holders should be able to start accessin...Published: 12 Nov 2019 at 08:16hrs | 4960 | by Mandla Ndlovu
Chamisa MDC admits to not having sound rural structures
THE Nelson Chamisa-led MDC has admitted that it has no sound structures in rural areas, a move that has allowed Zanu-PF to have a stroll in the park in many council and parliamentary by-elections....Published: 12 Nov 2019 at 07:28hrs | 1112 | by Staff reporter
Zinara fatcats in tollgates scam
A FRESH storm has hit the Zimbabwe National Road Administration (Zinara) after the parastatal proposed to award a million-dollar deal to its perennial contractor Univern, a deal seen as a corrupt way ...Published: 12 Nov 2019 at 07:23hrs | 864 | by Staff reporter
Zimbabwe government deluded about doctors
This has been one of the most deluded period for the Zimbabwe government – even by its own inherently schizophrenic standards — firstly claiming that providing low salaries to workers was economic...Published: 12 Nov 2019 at 07:19hrs | 1088 | by Tendai Ruben Mbofana
New notes and coins out today
Commercial banks collected $30 million of new notes and coins yesterday from the Reserve Bank of Zimbabwe and account holders should be able to start accessing their $300 weekly cash withdrawal ration...Published: 12 Nov 2019 at 07:10hrs | 312 | by Staff reporter
Cash withdrawals begin today
Commercial banks were collecting $30 million new notes and coins yesterday from the Reserve Bank of Zimbabwe (RBZ) and account holders should be able to start accessing their $300 weekly cash withdraw...Published: 12 Nov 2019 at 07:05hrs | 585 | by Staff reporter
Chamisa lawyer's home in 'suspicious' break in
OPPOSITION MDC leader Nelson Chamisa's lawyer Advocate Thabani Mpofu has described a break-in at his Harare home on Wednesday last week as "suspicious", but vowed that the incident would not cow him i...Published: 11 Nov 2019 at 21:51hrs | 2267 | by Staff reporter
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