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RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 23 hrs ago | 627 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 534 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 128 | by Staff reporter
Viral audio exposes judicial corruption in Beitbridge
The Beitbridge magistrates' court is under intense scrutiny following the circulation of a damning voice note in which a woman allegedly narrates how she met with a prosecutor to influence the outcome...Published: 06 Jul 2025 at 10:04hrs | 135 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2595 | by Staff reporter
Karanda hospital dismisses fake nurse training advert
Karanda Mission Hospital has issued a public warning about a fraudulent social media message falsely advertising nurse training recruitment at its School of Nursing.The misleading post, circul...Published: 26 Jun 2025 at 17:24hrs | 134 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 493 | by Staff reporter
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 103 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
RBZ suspends mop-up gold coin sales
The Reserve Bank of Zimbabwe (RBZ) has announced the immediate suspension of its mop-up sale of gold coins following the successful conclusion of the clearance exercise.In a statement issued b...Published: 17 Jun 2025 at 11:16hrs | 564 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 137 | by Staff reporter
Counterfeit medicine crisis grows in Zimbabwe's informal markets
In the crowded, makeshift stalls of Hopley's open market - an informal settlement just south of Harare - buyers can find almost anything: rat poison, cleaning supplies, and even medicine. But behind t...Published: 07 Jun 2025 at 15:03hrs | 209 | by Staff reporter
New high-quality ZiG banknotes on the way
The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...Published: 03 Jun 2025 at 11:53hrs | 855 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 64 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 110 | by Staff reporter
Zanu-PF Harare province in turmoil
ZANU PF's Harare provincial structures have descended into turmoil as factional tensions escalate, with provincial chairperson Godwills Masimirembwa reportedly at the heart of the crisis.The c...Published: 22 May 2025 at 09:34hrs | 242 | by Staff reporter
Trump challenges Ramaphosa to arrest Julius Malema
United States President Donald Trump has called for the arrest of South African political leader Julius Malema over his use of the controversial "Kill the Boer" chant, escalating already strained rela...Published: 21 May 2025 at 20:21hrs | 2389 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3822 | by Staff reporter
Edgars Zimbabwe shifts focus to low-end market
Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...Published: 13 May 2025 at 10:19hrs | 376 | by Staff reporter
ZIFA disowns job advertisement for Technical Director post
The Zimbabwe Football Association (ZIFA) has issued a strong public warning against a fake job advertisement circulating on social media and other unofficial platforms, falsely claiming that the posit...Published: 08 May 2025 at 16:04hrs | 146 | by Staff reporter
Gweru cop in trouble for 'causing' fatal accident
A police officer from the Mkoba 1 Police Station is facing disciplinary action after he allegedly engaged in a high-speed car chase that resulted in a fatal accident on Monday night.Constable ...Published: 01 May 2025 at 08:52hrs | 345 | by Staff reporter
Bulawayo-Vic Falls road rehabilitation corruption in tender awards exposed
The Ministry of Transport and Infrastructural Development has backtracked on its earlier claim that contractors are already on site to begin rehabilitation of the dilapidated Bulawayo-Victoria Falls R...Published: 30 Apr 2025 at 16:42hrs | 3252 | by Staff reporter
2 arrested for possession of US$1 500 in counterfeit notes in Zimbabwe
Two Bulawayo men, Pardon Chinhengo (29) from Barharm Green suburb and Clifford Sidingani Ndlovu (49) from Nketa 7 suburb, appeared in court on Wednesday after being found in possession of US$1,500 in ...Published: 24 Apr 2025 at 07:21hrs | 214 | by Staff reporter
Two Police Officers Arrested Over Viral Bribery Video in Harare
Harare, 21 April 2025 - The Zimbabwe Republic Police (ZRP) has confirmed the arrest of two of its officers following the circulation of a viral social med...Published: 21 Apr 2025 at 15:44hrs | 2444 | by Mandla Ndlovu
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 174 | by Staff reporter
NetOne expands OneMoney to boost rural financial inclusion
One of Zimbabwe's largest mobile network providers, NetOne, is ramping up its financial inclusion efforts by expanding its OneMoney agent network and increasing remittance partnerships in rural areas....Published: 02 Apr 2025 at 15:51hrs | 561 | by Staff reporter
Protests shut down Zimbabwe
THE March 31 demonstrations called by war veteran and former Zanu-PF central committee member Blessed Geza yesterday morphed into a nationwide shutdown, with businesses closed, streets emptied, and le...Published: 01 Apr 2025 at 08:42hrs | 475 | by Staff reporter
Govt distances itself from school fundraising directive
The government has disassociated itself from a directive ordering schools in Gweru district to observe mandatory civic days to raise funds for Independence Day celebrations.This follows the ci...Published: 26 Mar 2025 at 18:51hrs | 275 | by Staff reporter
Gukurahundi cover-up editor dies
Veteran journalist Geoffrey Nyarota, renowned for his pioneering investigative journalism and his role in exposing the Willowgate scandal in 1989, passed away on Saturday at the age of 74 after a prol...Published: 23 Mar 2025 at 08:15hrs | 2364 | by Staff reporter
'Half of stock sold in Zimbabwean tuck shops are fake goods'
Nearly 50 percent of groceries seized from tuck shops and vending stalls during Zimbabwe's ongoing crackdown on counterfeit and smuggled goods have been tested and found to be fake and potentially haz...Published: 26 Feb 2025 at 08:07hrs | 736 | by Staff reporter
Journalist Blessed Mhlanga to surrender to police
Alpha Media Holdings (AMH) senior journalist Blessed Mhlanga has vowed to present himself to the police after authorities launched a manhunt for him on allegations of distributing content deemed harmf...Published: 21 Feb 2025 at 13:47hrs | 1327 | by Staff reporter
Zimbabwe police summon AMH CEO as journalist faces manhunt
Police have summoned Alpha Media Holdings (AMH) chief executive officer, Kenias Mafukidze, for questioning after plain-clothes officers visited his home on Friday morning. The visit comes amid a polic...Published: 21 Feb 2025 at 13:42hrs | 1004 | by Staff reporter
Zimbabwe police hunt for journalist Blessed Mhlanga
Zimbabwean police have launched a manhunt for senior journalist Blessed Mhlanga of Alpha Media Holdings, accusing him of distributing content deemed harmful to the state.National Police Spokes...Published: 21 Feb 2025 at 10:59hrs | 407 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1184 | by Staff reporter
Dry spell expected to last until Friday, January 31
The Meteorological Services Department (MSD) has issued an advisory indicating a significant decrease in rainfall for the southern and western regions of the country. The dry spell is expected to last...Published: 25 Jan 2025 at 15:24hrs | 804 | by Staff reporter
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 144 | by Staff reporter
Headmaster's sex tape with student goes viral
The Ministry of Primary and Secondary Education is investigating Nisbert Zaba Makhuyana, the headmaster of a Chipinge school, following the circulation of a viral sex tape involving him and a learner ...Published: 14 Dec 2024 at 13:05hrs | 2850 | by Staff reporter
Zimbabwe police warn of syndicate circulating counterfeit US$100 notes
The Zimbabwe Republic Police (ZRP) has issued a warning to the public regarding a syndicate circulating counterfeit US dollar notes in denominations of $100. The illegal operation is reportedly active...Published: 26 Nov 2024 at 08:19hrs | 669 | by Staff reporter
Mafume says they are protecting victims from land barons
Harare Mayor Jacob Mafume has revealed that the authorities at Town House are working with the government to enforce demolition court orders in an orderly manner to protect residents who could have be...Published: 19 Nov 2024 at 08:55hrs | 697 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 172 | by Staff reporter
Zimbabwean cow horn artist aims to tap into Chinese market at CIIE
Cow horns are often regarded as waste material at slaughterhouses, a Zimbabwean craftsman, however, has struck gold in them.Joseph Chifamba, a businessman who makes jewelry and other products ...Published: 02 Nov 2024 at 08:51hrs | 480 | by Staff reporter
Fake vehicle licence, insurance scam exposed
The government is facing significant revenue losses due to the growing circulation of counterfeit vehicle and insurance licenses sold by unregulated dealers. These fraudulent licenses are duping vehic...Published: 01 Nov 2024 at 06:29hrs | 451 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 4008 | by Staff reporter
Zanu-PF directs its govt to provide free healthcare, pay BEAM
The Zanu-PF party has issued a directive for the Government to provide free healthcare services to elderly citizens, minors, and individuals with disabilities, as well as establish mobile healthcare f...Published: 28 Oct 2024 at 06:57hrs | 165 | by Staff reporter
RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 240 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 263 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3254 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6195 | by Engineer Jacob Kudzayi Mutisi
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