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Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 12 hrs ago | 614 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 13 hrs ago | 22 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 115 | by Staff reporter
Zimbabwe experiences prolonged load shedding
ZESA Holdings has issued a public update on the ongoing power supply challenges affecting Zimbabwe, as residents across the country continue to face prolonged power cuts and severe load shedding....Published: 14 Nov 2024 at 13:46hrs | 272 | by Staff reporter
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 468 | by Staff reporter
Flooding in Harare's CBD highlights need for improved drainage systems
Heavy rains in Harare this week led to significant flooding in parts of the Central Business District (CBD) due to blocked storm drains, creating difficulties for pedestrians and motorists navigating ...Published: 14 Nov 2024 at 09:26hrs | 128 | by Staff reporter
ZESA addresses power outages
ZESA Holdings has reassured Zimbabweans that efforts are underway to address technical faults at the Hwange Power Station that have led to widespread power outages. The national power utility explaine...Published: 14 Nov 2024 at 09:25hrs | 194 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3572 | by Tendai Ruben Mbofana
Mushikashika kingpin 'Shutto' dies
Stewart Chiweshe, widely known as Shutto, a former nightclub bouncer and notorious figure behind an illegal taxi rank in Bulawayo, has tragically passed away in a car accident. The incident occurred o...Published: 11 Nov 2024 at 07:08hrs | 2819 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 181 | by Staff reporter
South Africans lost R1 billion to digital banking fraud
Money lost by South Africans to digital banking fraud increased from R735,000 in 2022 to R1.1 billion in 2023 - a 47% increase.This is according to the South African Banking Risk Centre's (Sab...Published: 08 Nov 2024 at 16:33hrs | 628 | by Staff reporter
Bank card fraud chaos in South Africa
In 2023, card-not-present (CNP) fraud accounted for over 68% of all card fraud committed in South Africa, costing citizens over R700 million.This is according to the South African Banking Risk...Published: 08 Nov 2024 at 16:31hrs | 2226 | by Staff reporter
Harare City Council reshuffles municipal police
In an effort to improve service delivery and rebuild trust with residents, the City of Harare has reassigned at least 20 municipal police officers, with an emphasis on the traffic section. This decisi...Published: 05 Nov 2024 at 16:52hrs | 760 | by Staff reporter
Mixed feelings about TTI officials' conduct
Bulawayo residents have voiced mixed reactions regarding the actions of Tendy Three Investment (TTI) officials who allegedly harassed a motorist suffering from a medical condition. Last week, TTI's en...Published: 05 Nov 2024 at 08:13hrs | 296 | by Staff reporter
Reason why Masisi lost Botswana elections
Botswana's new president Duma Boko said on Friday he wanted to conclude talks for a new sales pact with global diamonds mining giant De Beers as soon as possible.“The relationship with De Be...Published: 04 Nov 2024 at 07:06hrs | 4954 | by Staff reporter
5 arrested in Zimbabwe for illegally selling Starlink kits
Five men from Harare have been arrested for allegedly possessing Starlink kits without a valid license, following a police operation on November 2, 2024. The suspects, identified as Polite Jamba (28),...Published: 04 Nov 2024 at 06:36hrs | 399 | by Staff reporter
Family leaves coffin at Ecosure branch after funeral cost dispute
A family in Zimbabwe has expressed their frustration and despair after leaving their relative's coffin at an Ecosure branch, following the company's refusal to cover the funeral costs. The denial of t...Published: 03 Nov 2024 at 13:42hrs | 1815 | by Staff reporter
Hackers gain access to financial information for a large number of South Africans
Attackers claiming to be from N4ughtySec, a cyber extortion gang that took responsibility for an attack on TransUnion in March 2022, have said that they have infiltrated most of South Africa's banks....Published: 03 Nov 2024 at 12:46hrs | 926 | by Staff reporter
Bulawayo reaches full capacity for Starlink
The Bulawayo City Centre and its surrounding areas have hit full capacity for Starlink devices, following a similar situation in Harare just two weeks prior, according to an update on Starlink's offic...Published: 01 Nov 2024 at 14:31hrs | 3651 | 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 | 421 | by Staff reporter
Rains cause flooding in Harare CBD
Heavy rains in Harare on Thursday have highlighted the city's ongoing drainage problems, rendering several areas of the Central Business District (CBD) impassable. Blocked drains led to extensive floo...Published: 31 Oct 2024 at 16:52hrs | 1507 | by Staff reporter
South Africa plans to say goodbye to cash?
Despite the surging adoption of contactless payments in South Africa, more than half of the country still relies on cash as their dominant payment method, and the digital divide is slowing the migrati...Published: 29 Oct 2024 at 13:54hrs | 3056 | by Staff reporter
Cheap mobile and fintech innovator a solution for the Zimbabwe market
Greydot Telecommunications Zimbabwe, a subsidiary of Greydot Telecommunications Africa, is making significant strides in the telecommunications and fintech landscape across Southern Africa. Establishe...Published: 27 Oct 2024 at 14:32hrs | 809 | by Staff reporter
South African fiber providers are gradually forming local monopolies
The South African fiber internet market, once praised for its Open Access model, is now seeing a rise in monopolistic practices by Fibre Network Operators (FNOs) that control neighbourhoods, estates, ...Published: 25 Oct 2024 at 14:27hrs | 101 | by Staff reporter
StarLink terminals sold out in Zimbabwe capital
Elon Musk's Starlink terminals sold out in Zimbabwe's capital of Harare, less than two months after receiving permission from authorities to operate in the southern African nation.Harare now j...Published: 24 Oct 2024 at 16:24hrs | 1700 | by Staff reporter
Innovate Change: Best Online Casinos in New Zealand | Where to Play and Win Real Money
Multiple online casinos offer players the chance to win big while enjoying their favorite games from the comfort of home. However, not all online casinos are created equal. To help Kiwi players fin...Published: 24 Oct 2024 at 14:59hrs | 184 | by Staff Reporter
Jamboo joins Crowdcube in groundbreaking fundraising campaign
Fintech company Jamboo has embarked on an exciting new chapter, launching its fundraising campaign on Crowdcube, the UK's largest crowdfunding platform. Jamboo, co-founded by Zimbabwean entrep...Published: 23 Oct 2024 at 20:23hrs | 204 | by Agencies
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1715 | by Staff reporter
Why Download the Paripesa App: Unique Features and Functions
Today, many punters need a convenient and fast way to bet anywhere. The Paripesa apk mobile app is becoming one of the leading betting and online casi...Published: 18 Oct 2024 at 20:57hrs | 127 | by Staff Reporter
Mbare fire evidence disappears
Investigations into the cause of the devastating fire that engulfed Mbare Musika last week have reportedly stalled as vendors rushed to clean up and reclaim the affected space, NewsDay has learned. Th...Published: 17 Oct 2024 at 13:26hrs | 709 | by Staff reporter
Chivayo linked IMC gets ISP licence, eyes Starlink reseller
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has issued IMC Communications with an internet service provider (ISP) licence, paving the way for the company to partner wit...Published: 17 Oct 2024 at 08:51hrs | 227 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3145 | by Staff reporter
ZiG struggles persist
The woes surrounding the Zimbabwe Gold (ZWG) currency show no signs of abating, as retailers continue to implement a three-tier pricing system for products, complicating consumer transactions and unde...Published: 15 Oct 2024 at 08:39hrs | 2782 | by Staff reporter
Telecel Zimbabwe faces scandal over disappearance of generators
Telecel Zimbabwe, one of the country's three mobile telecommunications companies, is embroiled in a scandal following the alleged theft of 20 generators used to provide backup power to its network tow...Published: 13 Oct 2024 at 12:20hrs | 305 | by Staff reporter
5 reasons Zimbabwean diaspora should choose Remitly
The flow of remittances to Zimbabwe is substantial, with diaspora remittances estimated at over US$1 billion annually, accounting for approximately 16% of the country's total foreign exchange receipts...Published: 11 Oct 2024 at 16:00hrs | 317 | by Staff reporter
Starlink oversubscribed in Harare
Harare residents eager to connect to Starlink's high-speed satellite internet are facing mounting frustration as the service is now oversubscribed. Starlink, which had previously marked Harare as "Ava...Published: 10 Oct 2024 at 14:15hrs | 3088 | by Staff reporter
Innscor booted out of Profeeds
Innscor Africa Limited has been ordered to divest from Profeeds after the Supreme Court ruled that the merger of Profeeds and National Foods created a near monopoly in the stockfeed industry.S...Published: 10 Oct 2024 at 13:11hrs | 2517 | by Staff reporter
Zimbabwe subscribers push Starlink to limit
THE overwhelming demand for cost-effective internet services is pushing newcomer, Star Link, to the edge with consumers experiencing unexpectedly slow speeds this week, especially in Harare, due to co...Published: 10 Oct 2024 at 07:56hrs | 3005 | by Staff reporter
Zimbabwe police question insiders over US$4m Ecobank heist
Armed robbers who stole US$4 million from an Ecobank branch in Bulawayo last Thursday are believed to have had inside information, according to the Zimbabwe Republic Police (ZRP), which has intensifie...Published: 08 Oct 2024 at 07:23hrs | 2020 | by Staff reporter
Gurira in US$77,000 scam
Simbarashe Oswald Gurira, a 38-year-old official from the Ministry of the Veterans of the Liberation Struggle, appeared in the Harare magistrate's court last Friday, facing serious allegations of abus...Published: 07 Oct 2024 at 08:05hrs | 1370 | by Staff reporter
Ecobank addresses armed robbery incident at Bulawayo branch
Ecobank Zimbabwe Limited has issued a statement regarding the armed robbery that took place at its Parkade Branch on October 3, 2024. The incident occurred during a cash repatriation by a security com...Published: 05 Oct 2024 at 13:09hrs | 2327 | by Staff reporter
Safeguard says not informed it would be moving US$4 million before heist
Security company Safeguard says it was not informed that it would be moving US$4 million by Ecobank before armed robbers seized the cash on a busy Bulawayo street on Thursday.Police said Frida...Published: 05 Oct 2024 at 12:07hrs | 1262 | by Staff reporter
Bosso 'okay' ZPC Kariba match boycott
Highlanders Football Club management has approved a fundraising function organized by a faction of its supporters, scheduled for this Sunday at the team's sports club. The event coincides with Bosso's...Published: 04 Oct 2024 at 08:47hrs | 640 | by Staff reporter
Raw sewage floods PWD centre in Bulawayo
A Bulawayo-based organization dedicated to supporting persons with disabilities (PWDs) is sounding the alarm over a health crisis at its premises, which have been inundated with raw sewage for weeks. ...Published: 04 Oct 2024 at 08:31hrs | 1303 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1192 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
SAA increases flights on Johannesburg-Harare route
South African Airways (SAA) has announced an increase in the number of flights on its popular Johannesburg-Harare route, raising weekly services from 10 to 12, effective November 5, 2024. The expansio...Published: 27 Sep 2024 at 15:24hrs | 2874 | by Staff reporter
'Zimbabwe's feja-feja economics not working'
Major retail shops in Zimbabwe adjusted their exchange rates to ZiG30 per dollar yesterday as the local currency continued to falter, a day after President Emmerson Mnangagwa accused economic "saboteu...Published: 27 Sep 2024 at 08:26hrs | 284 | by Staff reporter
Overview of Popular Crypto Trading Platforms
Crypto Trading Platforms Over the past ten years, cryptocurrency trading has become somewhat popular since many platforms have developed to serve trader...Published: 25 Sep 2024 at 17:05hrs | 223 | by Staff Reporter
Econet's investment in Liquid may be poised for a decline in value
Morgan & Co, a prominent securities firm, has issued a cautionary warning to Econet Wireless Zimbabwe regarding its investment in Liquid Telecommunications Holdings (LTH). The firm anticipates a p...Published: 20 Sep 2024 at 11:14hrs | 672 | by Staff reporter
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