Search / Debt
ABSA, Standard Bank agree US$193m funding deal to build new Zimbabwe hospitals
Zimbabwe is to raise US$193 million in offshore lending to implement a 2019 agreement with UK infrastructure company NMS for the construction of hospitals and clinics in the country.ABSA and S...Published: 29 Mar 2023 at 20:43hrs | 760 | by Staff reporter
US$226 000 debt chokes Joice Mujuru
FORMER Vice-President Joice Mujuru and her company, Ruzirun Investments, are swimming in a US$226 000 debt incurred in 2015 and efforts to evade paying the debt have hit a brickwall at the Supreme Cou...Published: 28 Mar 2023 at 06:48hrs | 846 | by Staff reporter
High Court calls Mthuli Ncube to order over public debt
Finance minister Mthuli Ncube has been ordered to come up with a debt contraction law that compels Treasury to seek parliamentary approval before issuing guarantees and contracting a public debt....Published: 28 Mar 2023 at 06:43hrs | 362 | by Staff reporter
Mnangagwa's Midlands allies exempt from Zanu-PF primaries
PRESIDENT Emmerson Mnangagwa's close allies in his Midlands home province have been exempted from being challenged by other party officials in Zanu-PF primary elections in a development that has stoke...Published: 25 Mar 2023 at 11:35hrs | 772 | by Staff reporter
Is Hwange Unit 7 another huge big scam and con job?
Is it just me, or has everyone else also noticed that, ever since Hwange Unit 7 Thermal Power Station came online, two days ago, load shedding has strangely increased?Excuse me for my ignoranc...Published: 22 Mar 2023 at 07:16hrs | 3546 | by Tendai Ruben Mbofana
Zimbabwe telcos in another staggered price review
ZIMBABWE'S main telecommunication companies are set for another price adjustment on April 1, 2023, as operator battle to offset rising operational costs.The telecoms industry will review tarif...Published: 21 Mar 2023 at 20:24hrs | 756 | by Staff reporter
Mnangagwa preside over Zimbabwe implosion
WHILE President Emmerson Mnangagwa claimed that the majority of his ministers were doing well - with three outstanding and two being a dismal failure - the reality on the ground is different: Zimbabwe...Published: 20 Mar 2023 at 15:05hrs | 763 | by Staff reporter
Poor Pamela Tremont and Triple C: Politics without lawful issue
I have watched Pamela Tremont's hearing in preparation for her posting to Zimbabwe as US' next ambassador.Both the line of questioning by US Senators, as well as her responses, were, to say th...Published: 18 Mar 2023 at 06:32hrs | 203 | by @Jamwanda2
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 177 | by Staff reporter
Dr Qhubani Moyo seeking to represent Zanu-PF in Insiza
Former MDC and ex- Zimbabwe Electoral Commission official, Qhubani Moyo is now seeking to represent Zanu-PF in the Insiza North constituency of Matabeleland South. Dr Moyo was once Fairtalk Co...Published: 13 Mar 2023 at 07:15hrs | 469 | by Staff reporter
Mthuli Ncube meets ex-farmers over compensation
Finance and Economic Development Minister Professor Mthuli Ncube, who was in Bulawayo at the weekend, met with white former commercial farmers to share insights on Government's plan to compensate them...Published: 13 Mar 2023 at 07:12hrs | 388 | by Staff reporter
Stanbic spearheads hockey tournament donations
Harare, 10 March 2023 - The Zimbabwe Women and Men's Under 21 teams are due to kickstart their participation in the Under 21 Junior Africa Cup (JAC) in Ismail, Egypt, tomorrow (Sunday) thanks to the s...Published: 10 Mar 2023 at 09:39hrs | 189 | by Agencies
Understanding the collapse of Zimbabwe
THE first two decades that followed the independence of Zimbabwe in 1980 were characterised by a number of major developments. Government expanded social services such as health and education — the ...Published: 10 Mar 2023 at 05:20hrs | 876 | by Eddie Cross
Air Zimbabwe clears IATA arrears
Air Zimbabwe is expecting delivery of a new plane at the end of this month, while plans to resuscitate the London route are already underway following the clearance of the International Air Transport ...Published: 10 Mar 2023 at 05:16hrs | 192 | by Staff reporter
Airzim plans to resuscitate London route
Air Zimbabwe is expecting delivery of a new plane at the end of this month, while plans to resuscitate the London route are already underway following the clearance of the International Air Transport ...Published: 09 Mar 2023 at 23:53hrs | 684 | by Staff Reporter
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | 89 | by Staff reporter
Man commits suicide over mounting debts
A PREMIER Service Medical Investments (PSMI) loss control supervisor, Bernard Chatindivara, who was stationed at Mpilo Hospital in Bulawayo, committed suicide on Saturday after being overwhelmed by de...Published: 07 Mar 2023 at 05:29hrs | 2110 | by Staff reporter
Gweru town clerk challenges suspension
SUSPENDED Gweru City Council (GCC) acting town clerk Mr Vakayi Douglas Chikwekwe is challenging his employer's decision to suspend him, arguing that his suspension letter contradicts what is contained...Published: 07 Mar 2023 at 05:24hrs | 187 | by Staff reporter
Jonathan Moyo dismisses the notion that there are no sanctions against Zimbabwe
EXILED former cabinet minister Jonathan Moyo has dismissed the notion that there are no sanctions against Zimbabwe.Prof Moyo said it is desperate propaganda to claim that the Reserve Bank of Z...Published: 06 Mar 2023 at 21:23hrs | 1728 | by Staff reporter
Mnangagwa's govt accused of shutting civic space ahead of 2023 elections
POLICE are reportedly banning feedback meetings of Citizens Coalition for Change (CCC) Members of Parliament (MPs), which has unnerved the opposition as the country inches closer to the 2023 general e...Published: 06 Mar 2023 at 15:13hrs | 542 | by Staff reporter
Zimbabwe police ban on meetings rattles Chamisa's CCC
POLICE are reportedly banning feedback meetings of Citizens Coalition for Change (CCC) Members of Parliament (MPs), which has unnerved the opposition as the country inches closer to the 2023 general e...Published: 06 Mar 2023 at 05:18hrs | 512 | by Staff reporter
ZACC eagerly await graft exposé
THE Zimbabwe Anti-Corruption Commission (Zacc) says it is eagerly awaiting the pending premiere of a documentary by Qatar international news network, Al Jazeera that will purportedly expose massive co...Published: 06 Mar 2023 at 05:18hrs | 614 | by Staff reporter
Mashonaland Central has most unregistered births
Mashonaland Central has the lowest number of registered births, a situation that exposes girls to early marriages, a Zimbabwe National Statistics Agency (Zimstat)'population and housing census report ...Published: 05 Mar 2023 at 06:22hrs | 56 | by Staff reporter
Seke Teachers College under investigation
THE Competition and Tariff Commission (CTC) has launched investigations into alleged restrictive practices by Seke Teachers College for allegedly producing branded attire that it forces students to bu...Published: 05 Mar 2023 at 06:17hrs | 239 | by Staff reporter
Shingi Munyeza says he was not arrested but invited to the police
Prominent local businessman Shingi Munyeza says he has not been arrested as suggested by reports but was invited to the police over a civil matter. After that, he went back home."I'm at home r...Published: 04 Mar 2023 at 18:00hrs | 1183 | by Staff reporter
US tightens screws on Zimbabwe
A representative of the United States government has indicated that President Emmerson Mnangagwa's administration should satisfy sanctions conditions in full for Washington to approve its arrears clea...Published: 04 Mar 2023 at 10:22hrs | 907 | by Staff reporter
Zimbabwe must realise its position in global geopolitics
ON Wednesday United States envoy Robert Scott jetted into the country. He did not hide his mission. "I am here to engage in a series of meetings with government, civil society and other a...Published: 04 Mar 2023 at 08:07hrs | 131 | by Staff reporter
Luthuli Dlamini invades producer's house
He is dramatic in real life!It seems we are far from getting enough of South Africa-based veteran actor Luthuli Dlamini's drama and chaos, as the Tshabalala-bred star is once again making head...Published: 03 Mar 2023 at 18:24hrs | 608 | by Staff reporter
Parly summons Zacc over unresolved graft cases
THE Public Accounts Committee (PAC) says it will summon the Zimbabwe Anti-Corruption Commission (Zacc) to appear before Parliament to explain bottlenecks in dealing with graft which is annually expose...Published: 03 Mar 2023 at 06:25hrs | 192 | by Staff reporter
US envoy jets into Zimbabwe to interfere with polls preparations?
UNITED States senior official Robert Scott yesterday jetted into the country for a two-day visit aimed at holding talks with stakeholders and ensuring free and fair elections.Zimbabwe is expec...Published: 02 Mar 2023 at 20:16hrs | 683 | by Staff reporter
Zimbabwe was colonized through a 'mega deal', and happening again with the Chinese and Belarusians
When people talk of colonization, there are those with the misguided notion that this only occurs via military conquest - usually, by a more powerful nation over a far weaker one.Yet, this cou...Published: 02 Mar 2023 at 07:32hrs | 1249 | by Tendai Ruben Mbofana
EU begs to deploy observers to Zimbabwe
THE European Union (EU) says it is ready to send an observer mission to help Zimbabwe hold free, fair and inclusive elections this year, which will guarantee the bloc's increased economic development ...Published: 01 Mar 2023 at 07:06hrs | 1060 | by Staff reporter
Judge dismisses depositor's US$179,000 debt claim from CABS
A local pensioner, Duncan Hugh Cocksedge, is counting his losses after his US$179,000 bank balance which was being held in a CABS account was wiped out after being wholly converted to local currency t...Published: 28 Feb 2023 at 19:53hrs | 2574 | by Staff reporter
Mnangagwa claims that Zimbabwe upholds good governance
PRESIDENT Emmerson Mnangagwa told delegates attending the Zimbabwe Second Structured Dialogue Platform Meeting that the country is upholding tenets of good governance and democracy as part of efforts ...Published: 27 Feb 2023 at 15:50hrs | 456 | by Staff reporter
Authorities must implement AfDB's advice on free and fair election - Electoral reforms must include Diaspora Vote
Authorities must implement African Development Bank's Advice on free and fair election - Electoral reforms must include Diaspora Vote. Zimbabwe Diaspora Vote Initiative applauds the President ...Published: 26 Feb 2023 at 10:52hrs | 330 | by Padmore Kufa
Sanctions choke Zimbabwe, says AfDB chief
Economic sanctions imposed on Zimbabwe by the United States (US) and its Western allies remain the biggest impediment to the country's ability to clear its arrears and resolve its debt, president of t...Published: 26 Feb 2023 at 09:08hrs | 215 | by Staff reporter
Zimbabwe to compensate white former farmers over 10 years instead of 20
Zimbabwe will compensate white farmers, whose land was taken, over 10 years instead of the 20 announced three years ago, finance minister Mthuli Ncube said on Thursday, adding that the money would be ...Published: 25 Feb 2023 at 07:51hrs | 543 | by Staff reporter
'US$2 billion pumped into irrigation revamp'
ABOUT US$2 billion has been injected to revamp Zimbabwe's irrigation infrastructure since 2020, a government official told businessdigest this week.Lands, Agriculture, Fisheries, Water and Rur...Published: 25 Feb 2023 at 07:09hrs | 142 | by Staff reporter
'I-Bosso yakhiwa ngabaniniyo'
FEBRUARY is significant in the history of Zimbabwean football as it is the month the country's oldest football club Highlanders was formed.Established at royal level, Highlanders have overcome...Published: 25 Feb 2023 at 06:59hrs | 165 | by Staff reporter
All set for the 21st Old Mutual NAMA awards
The stage is set for the 21st National Arts Merit Awards (NAMA) powered by Old Mutual Zimbabwe tomorrow at the Harare International Conference Centre, with the organisers aiming to provide a unique ex...Published: 24 Feb 2023 at 22:01hrs | 147 | by Simbarashe Sithole
Mnangagwa says Zimbabwe govt committed to tackle debt arrears
Zimbabwe President Emmerson Mnangagwa on Thursday said his administration is committed to clearing external debt arrears which have prevented the country from accessing fresh capital from global finan...Published: 24 Feb 2023 at 07:43hrs | 276 | by Staff reporter
Mnangagwa commits to fair elections
PRESIDENT Emmerson Mnangagwa has committed to running the upcoming 2023 elections fairly amid signs that the country's creditors have specified the area as a prerequisite for debt resolution.A...Published: 24 Feb 2023 at 07:31hrs | 537 | by Staff reporter
Ngarivhume ditches Chamisa
Jacob Ngarivhume, Transform Zimbabwe (TZ) President, has decided to withdraw his backing for Citizens Coalition for Change (CCC) leader Nelson Chamisa.In 2018 Ngarivhume joined a union of oppo...Published: 24 Feb 2023 at 07:23hrs | 1504 | by Staff reporter
AfDB president expected in Zimbabwe
African Development Bank (AfDB) president Dr Akinumwi Adesina, the chief facilitator for Zimbabwe's arrears clearance and debt resolution process is expected in the country tomorrow to attend the seco...Published: 21 Feb 2023 at 05:49hrs | 52 | by Staff reporter
Zesa customers 'fail' to buy tokens
Several households in parts of Harare that were recently connected to the Zimbabwe Electricity Transmission Distribution Company's (ZETDC) billing system are failing to buy pre-paid tokens because of ...Published: 16 Feb 2023 at 04:51hrs | 338 | by Staff reporter
BCC embarks on water disconnection blitz
BULAWAYO City Council (BCC) is carrying out a water disconnection blitz in all suburbs over unpaid rates amounting to $30 billion.The local authority says it is struggling to meet its financia...Published: 13 Feb 2023 at 05:18hrs | 242 | by Staff reporter
Zimbabwe power crisis set to worsen?
ZIMBABWE'S power utility says while electricity supplies will improve during the second half of the year in line with ramped up generation capacity at the major power stations, the country will experi...Published: 12 Feb 2023 at 11:08hrs | 518 | by Staff reporter
Zimbabwe MPs demand overdue allowances
LEGISLATORS are yet to be paid allowances backdating to September last year, despite getting assurance they would be paid during last year's pre-budget seminar, and Treasury having budgeted for them....Published: 12 Feb 2023 at 11:07hrs | 136 | by Staff reporter
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | 386 | by Staff reporter
US$15 000 stolen from Catholic Priest's bedroom in Zimbabwe
AN assistant priest of the Roman Catholic Church in Bulawayo's Kumalo suburb has been picked up by the police to assist with investigations following the disappearance of US$15 000 belonging to the ch...Published: 12 Feb 2023 at 07:35hrs | 391 | by Staff reporter
Load More Stories