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Cars used as a measure of wealth
Cars have used as a way that people see how much they are worth. That is why whenever we talk about rich or wealthy people there is always the issue of how many cars the person has. As such,, from the...Published: 14 Jan 2021 at 14:02hrs | 1032 | by Staff Writer
How to buy a New Car - Guide
Buying a new car is not as easy as playing Aussie online pokies games. Rather, the former involves a lot of things that you will need to know if you are seriou...Published: 14 Jan 2021 at 13:46hrs | 459 | by Staff Writer
How to kill a country
Nearly forty years ago Ian Smith, the Prime Minister of Rhodesia, became the first and only white colonial ruler to break away from the British Crown. He had tired of London's nagging about the subjug...Published: 13 Jan 2021 at 16:49hrs | 2446 | by Samantha Power
Border congestion cleared
The Government has cleared the congestion at the Beitbridge border post where travellers were experiencing long delays to leave or enter the country and also deployed more security personnel to deal w...Published: 09 Jan 2021 at 07:49hrs | 1212 | by Staff reporter
The soft peg and local economic stability
Zimbabwe introduced the Dutch inspired foreign exchange auction system on the 23th of June to replace the fixed exchange rate (hard peg) of US$1: ZW$25 that had been in existence since 26 March 2020. ...Published: 08 Jan 2021 at 20:58hrs | 513 | by Victor Bhoroma
RBZ backs down on exporters' free funds
THE central bank has made a raft of major reforms to stabilise the foreign exchange market, including immediately scrapping the much-loathed compulsory requirement to liquidate unutilised export proce...Published: 08 Jan 2021 at 20:25hrs | 475 | by Staff reporter
Zimbabweans enquire about using veterinary injection for COVID-19
The Medicines Control Authority of Zimbabwe strongly advises the public, veterinary medicines general dealers and healthcare practitioners against the use of veterinary formulations of ivermectin ...Published: 08 Jan 2021 at 20:12hrs | 721 | by Staff reporter
Immigration tightens screws at Beitbridge border
Security has been tightened at Beitbridge Border Post to prevent wheeler dealers, conmen and illegal immigrants from accessing the port of entry. Criminals have since Sunday evening, flocked t...Published: 08 Jan 2021 at 07:23hrs | 478 | by Staff reporter
Dealing with Zimbabwe's hard lockdown
Zimbabwe started its a 30 day level four lockdown on Tuesday a move that is expected to save lives but have dire consequences on the economy and livelihoods. In announcing the lockdown measure...Published: 05 Jan 2021 at 07:24hrs | 3566 | by Staff reporter
Zimra, CZR escalate rice tax standoff
THE Confederation of Zimbabwe Retailers (CZR) has maintained that the Zimbabwe Revenues Authority (Zimra) is failing to interpret laws in its move to charge 15% value added tax (VAT) on rice packaged ...Published: 30 Dec 2020 at 07:32hrs | 191 | by Staff reporter
I'm not here to plunder Zimbabwe . . .
ZIMBABWE is seeking to establish fully-fledged diplomatic relations with Israel. Our (ND) senior reporter Tinashe Kairiza spoke to Zimbabwe's honorary consul in Israel Ronny Musan (RM) who spoke about...Published: 29 Dec 2020 at 07:19hrs | 3330 | by Staff reporter
Chiwenga's 'brother' implicated as foreign firms defy govt ban on river bank mining
FOREIGN-LINKED companies - particularly from China and Belarus - are deploying heavy machinery to river banks to mine for gold under the guise that they are desilting the watercourses, it has emerged....Published: 27 Dec 2020 at 08:21hrs | 1514 | by Staff reporter
Backlash over rice tax
THE Confederation of Zimbabwe Retailers (CZR) came out guns blazing yesterday, slamming the Zimbabwe Revenue Authority (Zimra) for undermining business confidence following latest moves to charge Valu...Published: 22 Dec 2020 at 07:04hrs | 585 | by Staff reporter
It's time to stop the rot in our country
Currently, as it stands, Zimbabwe is in a crisis. A cocktail of challenges face the country and its people.Zimbabwe was set on a wrong foundation. there are all kinds of human rights abuses wh...Published: 20 Dec 2020 at 07:13hrs | 125 | by Anele Ndlovu
Zimra blow for rice dealers
TOUGH times lie ahead for some players in the rice supply chain as the government insists on collecting a 15% value-added tax (VAT) on rice packages of 25kg and below backdated to February 2017....Published: 20 Dec 2020 at 07:06hrs | 1021 | by Staff reporter
UK trucks importer enters Zimbabwe market
A United Kingdom-based truck importing company, Carsden Group, has expanded into Zimbabwe where it seeks to supply the local industry and farmers with high-quality usedtrucks at competitive prices...Published: 20 Dec 2020 at 07:01hrs | 2165 | by Staff reporter
How South Africa can nudge Zimbabwe toward stability
What's new? As Zimbabwe's political and economic crises worsen, South Africa is moving beyond its policy of "quiet diplomacy" with its northern neighbour and applying more pressure on Harare to open...Published: 18 Dec 2020 at 06:42hrs | 1924 | by crisisgroup
Mthuli Ncube launches investment 101 handbook
FINANCE minister Mthuli Ncube has launched the investment 101 handbook and video, as investor education tools, in order to encourage participation by the Zimbabwean population in the capital markets....Published: 15 Dec 2020 at 06:09hrs | 348 | by Staff reporter
57 000 gold panners arrested
Almost 57 000 gold panners, including machete gangs and other criminal elements, have been arrested in mining communities countrywide since January under the ongoing "Operation Chikorokoza Ngachipere"...Published: 12 Dec 2020 at 06:51hrs | 179 | by Staff reporter
Security beefed up at border post
THE Government is beefing up security at Beitbridge border post to curb smuggling and other illegal activities which authorities believe could be costing the country over US$1 billion annually in unpa...Published: 12 Dec 2020 at 06:49hrs | 596 | by Staff reporter
Everything to know about Vwin online casino
Despite the strict restriction in some countries, the online casino industry continues to flourish in every market around the globe. New online casino sites keep on popping up every day. These types o...Published: 10 Dec 2020 at 11:49hrs | 164 | by Staff Reporter
Mangudya warns money launderers
THE governor of the Reserve Bank of Zimbabwe (RBZ), John Mangudya, says authorities will step up the current crack down on individuals and companies that are moving large but unexplained sums of money...Published: 02 Dec 2020 at 06:35hrs | 2390 | by Staff reporter
Highway robbers on the prowl along Victoria Falls-Bulawayo highway
MOTORISTS using the Victoria Falls-Bulawayo highway have been urged to be vigilant amid reports of suspected highway robbers who are allegedly smashing windscreens of moving cars. This is repo...Published: 02 Dec 2020 at 06:16hrs | 859 | by Staff reporter
Father shoots children
A 47-YEAR-OLD man was arrested on Saturday night after he accidentally shot his three children at his home in Bulawayo. The man (name withheld) who is from Hope Fountain on the outskirts of Bu...Published: 02 Dec 2020 at 06:16hrs | 1207 | by Staff reporter
EcoCash revenue continues to dwindle
CASSAVA Smartech Zimbabwe Limited's subsidiary EcoCash's revenue contributions to the group continue to dwindle following recent operating measures effected by the Reserve Bank of Zimbabwe (RBZ) to cu...Published: 02 Dec 2020 at 06:13hrs | 554 | by Staff reporter
Vehicle supply syndicate exposed
A syndicate comprising vehicle suppliers and senior procurement officials in various State institutions has been milking millions of dollars from state coffers through murky and inflated vehicle suppl...Published: 27 Nov 2020 at 18:23hrs | 3743 | by Staff reporter
Treasury orders refunds for exempted 2% tax transactions
Treasury has widened exemption on selected foreign currency denominated transactions from the two percent tax in response to submissions by stakeholders. Those considered would now be refunded...Published: 26 Nov 2020 at 07:11hrs | 418 | by Staff reporter
Mnangagwa's CIO boss relative fired
TICHAFA Victor Hwacha, a deputy director with the Counter Intelligence unit of the Central Intelligence Organisation was fired on Wednesday this week for allegedly working with a cartel in the gold se...Published: 22 Nov 2020 at 05:23hrs | 5858 | by Staff reporter
Netone launches a better airtime facility
Due to Covid-19 pandemic, the mobile service provider Netone has moved a step further in making airtime available to its customers through the launch of *519#.Speaking at the launch in Harare ...Published: 18 Nov 2020 at 10:29hrs | 3501 | by Simbarashe Sithole
Can black arts (Kuromba) be sole source of wealth in Zimbabwe?
According to Colin Powell, the first African-American Secretary of State, diplomat and retired general who served as the 65th United States Secretary of State from 2001-2005, a dream does not become r...Published: 15 Nov 2020 at 16:40hrs | 2393 | by Tinashe Eric Muzamhindo (PhD)
Theft, vandalism heighten blackouts in Bulawayo, says Zesa
THE incessant power outages being experienced in parts of Bulawayo and the wider southern region are a result of rampant vandalism and theft of electricity infrastructure, the power utility, Zesa, has...Published: 13 Nov 2020 at 05:38hrs | 167 | by Staff reporter
Forex dealers in court
Six suspected foreign currency dealers yesterday appeared in court on allegations of using the EcoCash platform to buy US$3 153 317 from the public. The eight are Felix Tafadzwa Chikuse (38), ...Published: 13 Nov 2020 at 05:37hrs | 1476 | by Staff reporter
US$ small denominations shortages hits consumers
THE Consumer Council of Zimbabwe (CCZ) has approached the central bank seeking solutions to a crippling shortage of smaller denomination notes, which has rocked the market in the past year.Con...Published: 08 Nov 2020 at 07:15hrs | 496 | by Staff reporter
Rushwaya gold case opens can of worms
THE dramatic arrest and subsequent prosecution of suspended Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has lifted the lid on the cutthroat gold trafficking underworld dominated by t...Published: 06 Nov 2020 at 06:56hrs | 11806 | by Staff reporter
Illegal forex dealers feel the pinch
Black market forex dealers are feeling the heat following a raft of monetary measures recently put in place by the central bank to halt the depreciation of the local currency which had fuelled a spike...Published: 05 Nov 2020 at 21:34hrs | 11628 | by Staff reporter
Mangudya retains confidence at the Central Bank
From the time Zimbabwe switched from inter-bank market for foreign currency to an auction system, which is largely driven by market. The idea is to determine market exchange rate. The bids come from u...Published: 05 Nov 2020 at 16:02hrs | 2686 | by Tinashe Eric Muzamhindo
Criminals around Mnangagwa will surely bring him down
ONE night in November 2017, a chubby soldier donning a red beret and military fatigues appeared on ZBC-TV. It was immediately clear something was amiss. His demeanour immediately betrayed what mischie...Published: 30 Oct 2020 at 06:44hrs | 5965 | by Staff reporter
4 more arrested in Rushwaya 'catch and release'
Four more people were yesterday arrested in connection with the 6kg of gold seized while allegedly being smuggled to Dubai by Zimbabwe Miners Federation president Henrietta Rushwaya. Rushwaya ...Published: 29 Oct 2020 at 05:54hrs | 1521 | by Staff reporter
One person injured as refueling car catches fire
A two- tonne truck was reduced to a shell after it caught fire at a service station in Zvishavane on Monday night.The driver Mr John Mhike sustained minor burns and was discharged from hospita...Published: 28 Oct 2020 at 16:24hrs | 1150 | by Staff reporter
Gold smuggler Rushwaya expected in court today
Transnational car dealers, Ali Japan 786, have been fingered in a suspected gold smuggling racket exposed yesterday following the arrest of Zimbabwe Miners Federation president Henrieta Rushwaya at Ro...Published: 27 Oct 2020 at 07:03hrs | 898 | by Staff reporter
Strict RBZ policies on EcoCash result in $2 billion tax revenue decline
GOVERNMENT'S tough decision to throttle leading mobile money transfer agent, Ecocash has backfired with the Zimbabwe Revenue Authority (ZIMRA) recording a $1.9 billion decline on the 2 % revenue tax c...Published: 27 Oct 2020 at 07:03hrs | 1435 | by Staff reporter
Soldier arrested for card-cloning
A SOLDIER, who cloned a bank card and accessed $506 475 from an unsuspecting bank client's account has been arrested and is expected to appear in court this week.Mkhokeli Moyo (23), a member o...Published: 26 Oct 2020 at 06:49hrs | 4084 | by Staff reporter
CID boss arrested again
CRIMINAL Investigations Department (CID) director Commissioner Chrispen Charumbira (49) has been arrested by the Special Anti-Corruption Unit in the Office of the President and Cabinet on fresh charge...Published: 25 Oct 2020 at 07:38hrs | 726 | by Staff reporter
SeedCo International delists from ZSE, debuts on VFEX
LEADING seed producer and distributor, SeedCo International Limited, will delist from the Zimbabwe Stock Exchange (ZSE) with effect from today and shift focus to the foreign currency denominated Victo...Published: 23 Oct 2020 at 08:27hrs | 460 | by Staff reporter
Dealers appeal for removal of VAT on rice
Players in the rice supply chain have appealed to Government to reconsider a 14,5 percent Value Added Tax (VAT) charge on the commodity. A Government VAT payment request in retrospect, for a p...Published: 21 Oct 2020 at 21:43hrs | 61 | by Staff reporter
Zimdollar demand spikes
THE continued consolidation of the Zimbabwean dollar gains on the official market-driven foreign currency auction platform has created huge demand for the local currency on the back of growing confide...Published: 15 Oct 2020 at 06:37hrs | 1977 | by Staff reporter
RBZ dismisses reports of local US$ RTGS accounts
The Reserve Bank of Zimbabwe has dismissed social media reports that banks are opening new accounts referred to as "local USD RTGS transactions", describing the reports as "false and misleading", basi...Published: 15 Oct 2020 at 06:36hrs | 2295 | by Staff reporter
Potraz warns money dealers
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has warned mobile money dealers against abusing technology to fuel economic problems in the country.Potraz director-...Published: 11 Oct 2020 at 10:41hrs | 1639 | by Staff reporter
Victoria Falls exchange primed to be the best
Government plans to make the Victoria Falls Stock Exchange (VFEX), which will provide an avenue for foreign currency listings, one of the best in the region whose rules and regulations are in line wit...Published: 11 Oct 2020 at 10:02hrs | 289 | by Staff reporter
No cattle no cry,-PFumvunza will weather the storm
Do the health authorities and consumers at large know that bovine mortality is finding its way into towns and cities where it is sold as choice beef cuts? The disfunctionality of cattle dip ta...Published: 11 Oct 2020 at 09:59hrs | 58 | by Tondo
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