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Machete gangs leave one dead, several injured in ore heist
"Mining in Zimbabwe is no longer safe for women," says Sanelisiwe Maseko, a single mother of two whose mine in Colleen Bawn was recently invaded by machete-wielding men in a bloody raid that left one ...Published: 8 hrs ago | 1554 | by Staff reporter
Does 1Gig of data cost US$75 in Zimbabwe?
A report by the BBC claims Zimbabweans pay US$75 for a gigabyte of dataClaim: Zimbabwe data prices are US$75 per Gigabyte, the most expensive internet prices in the world. Verdict: Not tru...Published: 8 hrs ago | 923 | by Staff reporter
Zimbabwe banks face bleak future
ZIMBABWE's banks may face hurdles in meeting new minimum capital thresholds by year end, analysts have warned.In a show of lack of confidence in the local currency, the Monetary Policy Committ...Published: 8 hrs ago | 345 | by Staff reporter
2020 holds no promise for troubled Zimbabwe
A SHORT queue has formed outside a supermarket in Sunningdale, a supposedly middle-class suburb in Harare.Behind the supermarket, a truck is offloading bags of mealie-meal, a commodity that re...Published: 8 hrs ago | 81 | by Staff reporter
NRZ to charge in forex
THE Reserve Bank of Zimbabwe has granted the National Railways of Zimbabwe permission to charge in foreign currency for goods exported under the Cost, Insurance and Freight (CIF) conditions.NR...Published: 8 hrs ago | 195 | by Staff reporter
Passport scam: Kazembe takes action
FOLLOWING our article titled "Shocking corruption at Passport Office", which exposed deep-rooted graft at the Passport and Birth Registry offices, Home Affairs and Cultural Heritage Minister Kazembe K...Published: 8 hrs ago | 121 | by Staff reporter
Cash shortages persist
While premiums paid to access cash have dropped from the lofty levels of around 50 percent prior to the injection of additional cash in November last year, they remain high at 30 percent due to the ac...Published: 8 hrs ago | 61 | by Staff reporter
A dragonfly cannot spit fire and brimstone
Dogs can be deceptively vicious or gentle.This is why it is often not uncommon for dogs that bark the most to be less known for their bite, while conversely, those that are seemingly benign, w...Published: 8 hrs ago | 41 | by Bishop Lazarus
Zacc wades into gold smuggling
THE Zimbabwe Anti-Corruption Commission (Zacc) has been handed an explosive gold smuggling report that details well-knit gold smuggling by a coterie of gold buying barons, which is costing Zimbabwe bi...Published: 8 hrs ago | 47 | by Staff reporter
RBZ acts on foreign exchange rate manipulators
THE Reserve Bank of Zimbabwe (RBZ) has started acting on foreign exchange rate manipulators and has since frozen a bank account belonging to an entity identified as China Nanchang being the first casu...Published: 8 hrs ago | 85 | by Staff reporter
Divorce exposes Chiwenga's flashy lifestyle
Chiwenga flashy lifestyle exposedTHE ongoing legal saga involving Vice-President Constantino Chiwenga and his estranged wife, Marry Mubaiwa, has lifted the lid on the lifestyle of the ...Published: 18 hrs ago | 3884 | by Staff Reporter
NRZ to collect railage charges in foreign currency
THE Reserve Bank of Zimbabwe (RBZ) has authorised the National Railways of Zimbabwe (NRZ) to collect railage charges in foreign currency for exported goods.NRZ submitted an appeal to RBZ last ...Published: 18 hrs ago | 772 | by Staff Reporter
RBZ freezes accounts used for parallel market activities
THE Reserve Bank of Zimbabwe (RBZ) yesterday froze the bank accounts of a Chinese construction company, China Nanchang, on suspicion of injecting millions of dollars into the parallel market to buy fo...Published: 25 Jan 2020 at 08:06hrs | 3903 | by Staff Reporter
RBZ warns exchange rate manipulators as street rate breaches 25x
The Reserve Bank of Zimbabwe has issued a warning to foreign currency dealers who are manipulating the exchange rate. This comes as street rates have breached the 25x mark on Thursday. The interbank m...Published: 24 Jan 2020 at 01:56hrs | 7567 | by FinX
Locals to pay forex for quick passports
GOVERNMENT is working on regulations to allow locals with foreign currency the option to pay for passports in forex in a bid to speed up the process and clear the huge backlog. Home Affairs and Cultur...Published: 24 Jan 2020 at 01:05hrs | 2440 | by Staff reporter
Chamisa's secret revealed at SONA
In his state of the nation address the MDC A leader shocked the nation by his loud silence on sanctions. ZANU PF has always said the opposition is after destroying the gains of independence and hurt t...Published: 23 Jan 2020 at 13:41hrs | 6168 | by Dr Masimba Mavaza
Zimbabwe left with 30 days' supply of grain
ZIMBABWE has less than 100 000 tonnes (t) of grain in its strategic grain reserve — enough to feed the nation for only one month, Lands, Agriculture, Water and Rural Resettlement minister Perrance S...Published: 23 Jan 2020 at 06:39hrs | 957 | by Staff reporter
Zimbabwe fails to honour power supply contracts
THE Chamber of Mines of Zimbabwe (CoMZ) has revealed that mining firms have not been receiving regular power supplies despite having signed contracts with government.To help boost the nation's pow...Published: 23 Jan 2020 at 06:38hrs | 780 | by Staff reporter
Marry Chiwenga has shown the way, can Zimbabweans emulate her?
Vice-PRESIDENT Constantino Chiwenga's wife, Marry, is a nasty piece of work, who does not deserve much sympathy in her ongoing legal problems.When she first took over the running of the Miss Z...Published: 23 Jan 2020 at 06:38hrs | 15269 | by Nqaba Matshazi
Mthuli Ncube to introduce $50 notes
GOVERNMENT will soon introduce $50 notes to address the currency crisis in the short term as the Zimbabwe dollar (ZWL) continues to devalue, Finance minister Mthuli Ncube has said.In June 2019...Published: 23 Jan 2020 at 06:36hrs | 2730 | by Staff reporter
All that glitters is not gold
I AM not sure of the details but around the year 2000, a geological exploration team found alluvial diamonds at Marange in Zimbabwe. They cut trenches and did further exploration for a number of years...Published: 23 Jan 2020 at 06:34hrs | 981 | by Eddie Cross
Masendeke brothers nabbed for machete assault, robbery
LATE notorious armed robber Edmund Edgar Masendeke's two siblings have been arrested by the police crack team targeting machete gang leaders after they allegedly assaulted and robbed a motorist of US$...Published: 23 Jan 2020 at 06:27hrs | 1232 | by Staff reporter
'Ruling on US$ debt a grand heist'
TUESDAY'S Supreme Court ruling declaring that debts owed in United States dollars (US$) incurred on or before February 22, 2019 should be settled using the Zimdollar at a 1:1 parity will further deepe...Published: 23 Jan 2020 at 06:26hrs | 576 | by Staff reporter
Defiant Zifa to attend Cosafa indaba
ZIFA insist they will attend the Cosafa annual meeting in South Africa on Saturday and say the decision to bar them from the indaba is null and void. Joseph Mamutse, the Zifa chief executive, ...Published: 23 Jan 2020 at 06:22hrs | 110 | by Staff reporter
Landmark ruling on US dollar debts
THE Supreme Court of Zimbabwe has delivered a landmark ruling declaring that a debt owed in United States dollars (US$) incurred on or before February 22, 2019 should be discharged by paying in local ...Published: 23 Jan 2020 at 06:16hrs | 309 | by Staff reporter
Passport output to top 8 000 a day
Government is working out strategies to clear the passport backlog and increase daily production from the current 2 500 to 8 000, Home Affairs and Cultural Affairs Minister Kazembe Kazembe has said. ...Published: 23 Jan 2020 at 06:15hrs | 582 | by Staff reporter
Nelson Chamisa’s Agenda 2020 address to the nation
(Transcript of MDC leader Nelson Chamisa’s ‘Agenda 2020’ address as prepared for delivery at Stodart Hall in Mbare on January 21, 2020)Fellow Zim...Published: 22 Jan 2020 at 19:47hrs | 1270 | by Nelson Chamisa
Mthuli Ncube claims drought situation is under control
THE MINISTER of Finance and Economic Development has assured the international community that the drought situation in the country is under control as the government is putting in place measures to av...Published: 22 Jan 2020 at 19:29hrs | 962 | by Staff reporter
Passport prices remain unchanged, says Kazembe Kazembe
THE MINISTER of Home Affairs and Cultural Heritage, Kazembe Kazembe says the cost of getting a passport for local citizens remains unchanged. This comes amid rumours that the government had approved t...Published: 22 Jan 2020 at 15:18hrs | 2831 | by Staff Reporter
ZBC property attached over US$370,000 debt
THE Zimbabwe Broadcasting Corporation (ZBC) recently landed itself in trouble after refusing to settle a US$370 000 debt opting to pay off the same in local currency, a move that has prompted an inter...Published: 22 Jan 2020 at 07:41hrs | 560 | by Staff reporter
Zimbabwe forex crisis to worsen
ZIMBABWE'S foreign currency crisis is expected to worsen this year after gold exports fell by over 28 percent last year.The southern African country is grappling with acute foreign currency sh...Published: 22 Jan 2020 at 07:21hrs | 2143 | by Staff reporter
Universities hike fees
LOCAL universities have announced their new fee structures which will see students paying between $5 000 and $9 000 per semester depending on their programmes. The National University of Science and T...Published: 22 Jan 2020 at 06:32hrs | 1750 | by Staff reporter
Zimbabwe 'reduces debt by theft' after Supreme Court ruling: lawyers
The Supreme Court has upheld the validity of a controversial government decree from February 2019 which converted debts accumulated in United States dollars to the local RTGS currency – at a great l...Published: 22 Jan 2020 at 06:20hrs | 843 | by Staff reporter
Duty on bus kits cut to 10%
Stakeholders in the transport industry have welcomed the Government's decision to cut to 10 percent import duty on semi-knocked down kits used in assembling buses, saying this will reduce the cost of ...Published: 22 Jan 2020 at 06:19hrs | 168 | by Staff reporter
Debts incurred before 22nd of Feb. 2019 shall be settled in local currency, court rules
The Supreme Court has ruled that all debts incurred before the 22nd of February 2019 shall be settled in the local currency on a one to one basis. A judgement has been made by Chief Justice Luke Malab...Published: 21 Jan 2020 at 19:25hrs | 444 | by Staff reporter
Things giving Mthuli sleepless nights
Food, power and currency stability are the three things keeping Finance minister Mthuli Ncube awake at night.The southern African country is facing drought for the second consecutive year, wit...Published: 21 Jan 2020 at 18:59hrs | 2557 | by Staff reporter
Chiwenga itching for a showdown with Marry Mubaiwa
ACTING President Constantino Chiwenga is itching for a showdown with estranged wife, Marry Mubaiwa, in court today and has rejected an out-of-court settlement following a nasty fallout with the former...Published: 21 Jan 2020 at 18:55hrs | 5591 | by Staff rpeorter
Mthuli Ncube must stop lying on inflation
EXACTLY a year after Zimbabwe's first biggest fuel hike since President Emmerson Mnangagwa took over the reins of power from the late Robert Mugabe, the administration was at hand to celebrate the Jan...Published: 21 Jan 2020 at 18:48hrs | 143 | by Staff rpeorter
Teachers rule out strike
THE Zimbabwe Teachers' Association (Zimta) has ruled out any industrial action saying it is in favour of dialogue with Government to address its members' concerns. In an interview yesterday, Z...Published: 21 Jan 2020 at 18:43hrs | 304 | by Staff reporter
USD debts can be repaid in local currency, Zimbabwe Supreme Court rules
The Supreme Court has ruled that all debts incurred before the 22nd of February 2019 shall be settled in the local currency on a one to one basis.A judgement has been made by Chief Justice Luk...Published: 21 Jan 2020 at 12:52hrs | 6060 | by Staff Reporter
Former legislator accused govt of being inactive in dealing with economic crisis
Former Bulilima West legislator Norman Mpofu has accused government of being inactive in dealing with economic crisis which has impoverished the majority of citizens.The country is currently r...Published: 20 Jan 2020 at 14:12hrs | 2255 | by Stephen Jakes
Zimbabwe economy to contract by 5.5% says UN
Zimbabwe's economy will register a negative growth of 5.5% and 2.5% in 2019 and 2020 respectively owing to foreign currency shortages, elevated public debt and uncontrolled inflation, a recent report ...Published: 20 Jan 2020 at 05:54hrs | 1566 | by FinX
Ex-Defence accountant labelled a flight risk, denied bail
A former accountant in the Ministry of Defence, who is facing charges of stealing US$20 million from the ministry, was last week denied bail. Simbarashe Zvineyi (36) lost his bail application ...Published: 20 Jan 2020 at 05:17hrs | 1081 | by Staff reporter
Council refuse trucks stuck in SA for 3 years
FIFTEEN refuse trucks bought by Harare City Council in South Africa are stuck there almost three years on as it cannot raise over US$2 million required for their delivery. However, there are conflicti...Published: 20 Jan 2020 at 05:16hrs | 1240 | by Staff reporter
Zimdollar has been a disaster for asset values, economy
The introduction of Zimbabwe's own currency, the ZWL, in February 2019 has been a disaster as many economists, as well as ourselves, had predicted. Since it was launched the ZWL has fallen fro...Published: 19 Jan 2020 at 13:14hrs | 563 | by John Legat
Cal_Vin hits back at Skyz Metro FM
RAPER Cal_Vin, who is under fire from a Bulawayo radio station after he released a controversial single titled Im So Bulawayo, which takes a dig at the radio station and one of its DJs, has come out g...Published: 19 Jan 2020 at 13:12hrs | 575 | by Staff reporter
Zimbabwe civil servants rule out strike
Government has reiterated its commitment to improve the welfare of its workers ahead of another round of salary negotiations.The Government workers have also ruled out the possibility of a str...Published: 19 Jan 2020 at 13:11hrs | 1306 | by Staff reporter
Liberation: Did somebody say Fanon?
DURING the African struggles against settler colonialism the name of Frantz Fanon used to scare settler colonialists that understandably banned his books and pamphlets. In the present era the name and...Published: 19 Jan 2020 at 05:41hrs | 338 | by Cetshwayo Mabhena
Telecel seeks tariffs review to stay afloat
ZIMBABWE's third-largest mobile telephone operator Telecel Zimbabwe has conceded that it is facing challenges and has been failing to meet some of its obligations due to inadequate funding.In ...Published: 19 Jan 2020 at 05:41hrs | 137 | by Staff reporter
Civil servants to reveal source of funds
CIVIL servants importing vehicles under the government's special motor vehicle rebate may be asked to produce proof of their source of funds, the State has said.Statutory Instrument (SI) 52 of...Published: 19 Jan 2020 at 05:35hrs | 1022 | by Staff reporter
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