Search / Defaults
Zimbabwe's new land tenure system to tighten agricultural land ownership
Zimbabwe is crafting a new land tenure system that will require Government approval for selling or transferring agricultural land, aiming to enhance the bankability of titles and secure broader owners...Published: 24 Nov 2024 at 10:03hrs | 220 | by Staff reporter
Chamisa's candidate disqualified from Victoria Falls by-election
The independent candidate for the upcoming Victoria Falls council by-election, Ephias Mambume, has been barred from contesting after a court ruled that he was ineligible due to unpaid council rates. T...Published: 19 Nov 2024 at 12:58hrs | 828 | by Staff reporter
Legal challenge in Victoria Falls by-election over payment of rates
Victoria Falls Ward 1 candidate for Zanu-PF, Tonderai Mutasa, has filed a legal challenge with the Electoral Court, disputing the nomination of independent candidate Ephias Mambume, who is widely seen...Published: 03 Nov 2024 at 10:11hrs | 176 | by Staff reporter
Chitungwiza in door-to-door drive to recover ZiG160m
The Chitungwiza Municipality has initiated a door-to-door exercise aimed at recovering approximately ZW$160 million owed by ratepayers. The program commenced on October 3 and will run until October 17...Published: 07 Oct 2024 at 08:04hrs | 2375 | by Staff reporter
Treasury defaults on $6,4m BEAM debt, students risk missing out on exams
More than 532,000 students risk missing out on their final examinations this year after the government's Basic Education Assistance Module (BEAM) debt to the Zimbabwe School Examinations Council (ZIMS...Published: 20 Sep 2024 at 11:18hrs | 310 | by Staff reporter
Zimbabwe banks reduce lending as crisis persists
Zimbabwe's banking sector is facing significant challenges that have limited its ability to lend, according to the Bankers Association of Zimbabwe (BAZ). Key issues include the absence of a le...Published: 06 Sep 2024 at 14:41hrs | 201 | by Staff reporter
Bulawayo housing stands unaffordable for many
The escalating demand for family housing in Bulawayo has driven housing stand prices beyond many people's reach, as the local authority struggles to provide enough land for the growing number of home ...Published: 02 Sep 2024 at 11:22hrs | 550 | by Staff reporter
Gweru to engage debt collector
THE Gweru City Council (GCC) has resolved to engage a debt collector in a bid to force residents and ratepayers to settle their monthly bills and help recover the nearly $71 billion owed by its client...Published: 26 Jan 2024 at 04:43hrs | 1 | by Staff reporter
Is China good for Zimbabwe?
IMAGINE your father having an "all-weather friend" who appears to stand by him in every situation.This seemingly "all-weather friend", however, looks away as your father brutally batters your ...Published: 20 Dec 2023 at 09:10hrs | 12 | by Tendai Ruben Mbofana
Zimbabwe central bank fails to pay Equatorial Guinea debt for 40MW solar project
The Reserve Bank of Zimbabwe (RBZ) has reportedly failed to fulfill part of its debt to Equatorial Guinea for a local investment in a 40MW solar project in Bwoni Village, Seke District, according to i...Published: 08 Dec 2023 at 05:39hrs | 12 | by Staff reporter
MDC politician fined for assaulting opposition activist
Yvonne Musarurwa, a politician from the MDC, has been issued a $100 fine for her involvement in the assault of Kudzanai Mashumba, who served as the party's chief of protocol. This altercation had garn...Published: 26 Oct 2023 at 06:33hrs | | by Staff reporter
EU to withdraw support for Zimbabwe's Arrears Clearance and Debt Resolution process?
The European Union (EU) has delivered a significant blow by suggesting the possibility of withdrawing its support for Zimbabwe's Arrears Clearance and Debt Resolution process in light of the country's...Published: 10 Oct 2023 at 11:23hrs | | by Staff reporter
600 illegal immigrants deported
NEARLY 600 illegal immigrants were arrested and deported to their countries between January and June this year, while 71 are being investigated for forging police clearances and educational qualificat...Published: 06 Aug 2023 at 08:18hrs | 11 | by Staff reporter
Dembare defaults to factory settings, back to losing ways
Dynamos were made to rue their missed chances after losing 1-0 to Greenfuel in a Castle Lager PSL match played at Gibbo Stadium on Sunday.The Glamour Boys failed to convert several chances tha...Published: 22 Jul 2023 at 19:07hrs | 8 | by Staff reporter
Dr Nandipha left Merc at Zimbabwe border, returned on foot
As South African law enforcement continues the search for fugitive murderer-rapist Thabo Bester - known as the "Facebook rapist" - and his accomplice girlfriend Dr Nandipha Magudumana, more informatio...Published: 08 Apr 2023 at 10:42hrs | 1 | 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 | | by Staff reporter
AfDB appointed adviser for Batoka Gorge project
THE African Development Bank has been appointed lead financial adviser for the planned US$5-billion Batoka Gorge hydro-power dam, designed to supply Zambia and Zimbabwe, which are facing crippling pow...Published: 15 Feb 2023 at 05:00hrs | | by Staff reporter
Analysis of the 2023 national budget
The Zimbabwean government presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The government expects to collect revenues totaling ZW$3.9 billion (18% of GDP), thus resulting...Published: 16 Dec 2022 at 00:15hrs | 11 | by Victor Bhoroma
'Selfish' CCC MPs defend US$40,000 loans
OPPOSITION Citizens Coalition for Change (CCC) Members of Parliament yesterday said there was nothing wrong in them accepting the US$40 000 housing loans despite criticism by their leader Nelson Chami...Published: 08 Dec 2022 at 05:11hrs | 1 | by Staff reporter
Zimbabwe funeral policies face scrutiny
Following a public outcry against funeral assurance, the Insurance and Pensions Commission is engaging the Zimbabwe Association of Funeral Assurers on policy design and benefits to address concerns th...Published: 27 Oct 2022 at 06:06hrs | | by Staff reporter
Sikhala prosecution not political, claims the State
CCC's Zengeza West Member of Parliament Job Sikhala was not arrested on political grounds and his prosecution in relation to the violence that engulfed the Nyatsime area of Chitungwiza is not politica...Published: 30 Aug 2022 at 06:31hrs | | by Staff reporter
Batoka takeoff failure leaves Zimbabwe, Zambia facing uncertain power future
THE revelations by the Zambezi River Authority (ZRA) that a consortium which clinched a deal to implement the 2 400-megawatt (MW) Batoka Gorge Hydro-Electric Scheme (BGHES) was struggling to mobilise ...Published: 28 Jul 2022 at 06:35hrs | 8 | by Staff reporter
Zimra is now owed over $33 billion as defaults rise
THE Zimbabwe Revenue Authority (Zimra) has reported a 283,65% increase in debt to $33,25 billion in 2021 owing mostly to exporting firms indicating that the current tax regime remains too high for com...Published: 24 Jul 2022 at 10:01hrs | | by Staff reporter
Warrant of arrest for court absconding Dangarembga
AWARD winning novelist, Tsitsi Dangarembga, who is accused of participating in an unsanctioned gathering to cause public violence, has been issued with a warrant of arrest after failing to appear in c...Published: 27 Jun 2022 at 19:07hrs | 8 | by Staff reporter
Zimbabwe economy urgently needs tax reforms
For the fourth consecutive year, the Zimbabwe Revenue Authority (ZIMRA) has been exceeding budgeted quarterly and annual revenue targets (in ZW Dollar and in US Dollar terms). Even though the economy ...Published: 01 Apr 2022 at 12:40hrs | | by Victor Bhoroma
Zinara pleads with DBSA after default
ZIMBABWE'S roads administrator revealed on Tuesday that it had re-engaged the Development Bank of South Africa (DBSA) to review terms of a US$206 million loan granted about seven years ago, following ...Published: 24 Feb 2022 at 05:41hrs | | by Staff reporter
Mangudya ranked worst performing central bank governor in Africa
The Central Banker Report Cards, published annually by Global Finance since 1994, grade the central bank governors of 101 key countries and territories, including the European Union, the Eastern Carib...Published: 12 Jan 2022 at 05:13hrs | 10 | by Staff reporter
Zifa threatens Mapeza
THE suspended Felton Kamambo-led Zifa board has threatened Norman Mapeza with unspecified action if he accepts his appointment as Warriors coach by the Zifa secretariat. His appointment was announced ...Published: 12 Dec 2021 at 20:03hrs | 8 | by Staff reporter
US$4 billion mystery in Afreximbank, Zimbabwe deals
SHARP differences emerged between Zimbabwean authorities and the Africa Export–Import Bank (Afreximbank) on Friday over the value of loans extended by the regional lender to Harare.During a ...Published: 28 Nov 2021 at 08:02hrs | 6 | by Staff reporter
Worthless Zimdollar notes clog banks
BANKS have requested the Reserve Bank of Zimbabwe (RBZ) to decommission $2 and $5 bond notes, saying smaller denomination currency ranges have turned into a burden for financial institutions to keep....Published: 31 Oct 2021 at 07:04hrs | | by Staff reporter
The impact of US sanctions on Zimbabwe
WHEN the American government passed the Zimbabwe Democracy and Economic Recovery Amendment (Zidera) Act 20 years ago, it argued that the Act was not intended to punish ordinary Zimbabweans but to targ...Published: 12 Oct 2021 at 06:00hrs | 8 | by Eddie Cross
'People of Zimbabwe have become sanctions collateral damage'
WHEN the American government passed the Zidera Act 20 years ago, they argued that the Act was not intended to punish the people of Zimbabwe but to target those individuals and organisations that, in t...Published: 11 Oct 2021 at 05:54hrs | 1 | by Eddie Cross
Parly demands role in IMF windfall use
ZIMBABWE'S parliament wants a huge say in the way government will distribute a nearly US$1 billion windfall injected recently into the economy by the International Monetary Fund (IMF).The wind...Published: 01 Oct 2021 at 08:05hrs | | by Staff reporter
Ultimatum for defaulting farmers
Farmers financed under Command Agriculture have until November 30 to deliver their maize to the Grain Marketing Board or be blacklisted so they can not access any more Government-guaranteed loans and ...Published: 28 Sep 2021 at 06:10hrs | | by Staff reporter
Zesa disconnects Kariba over $39m debt
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC), a subsidiary of Zesa Holdings, has notified the Kariba Municipality of its intention to disconnect power from the local authorit...Published: 30 Aug 2021 at 05:55hrs | | by Staff reporter
Defaulting farmers to lose offer letters
Farmers who did not sell their maize to the Grain Marketing Board (GMB) or those that default on repayment of loans advanced to the them under the National Enhanced Agriculture Productivity Scheme (NE...Published: 30 Aug 2021 at 05:48hrs | | by Staff reporter
Brigadier-General Satuku persecuted in life, death
RETIRED Brigadier-General Fidelis Satuku was a man persecuted in life and death.The veteran of Zimbabwe's liberation war, a decorated military commander and strategist, was buried quietly, awa...Published: 02 Aug 2021 at 08:39hrs | 26 | by Staff reporter
South African truck driver fined for smuggling
A SOUTH African truck driver was yesterday fined $80 000 for smuggling goods worth $2,3 million through the Beitbridge Border Post last week. Kenneth Phila Vilakazi (38) was convicted on...Published: 28 Jul 2021 at 07:40hrs | | by Staff reporter
MDC linked think-tank raps Mthuli Ncube over use of SIs to set policy
LEGAL think-tank Veritas has accused Finance minister Mthuli Ncube of enacting laws through statutory instruments, which it says was a ploy by the minister to avoid parliamentary scrutiny.In i...Published: 07 Jun 2021 at 06:08hrs | | by Staff reporter
US following Zimbabwe 'closely' after Biti's recall
THE United States says it is following events in Zimbabwe "closely", including the recall of MDC Alliance Vice President Tendai Biti from Parliament last week.Biti and several MDC Alliance MPs...Published: 23 Mar 2021 at 06:06hrs | | by Staff reporter
Biti vows to continue exposing graft
TENDAI Biti has effectively been using his position as the chair of Zimbabwe's parliamentary public accounts committee and his legal and financial skills to expose billions of US dollars of taxpayers'...Published: 22 Mar 2021 at 15:45hrs | | by Staff reporter
Mthuli Ncube under fire over COVID-19 bailout loan
GOVERNMENT'S management of State coffers has come under scrutiny after Finance minister Mthuli Ncube guaranteed a $10 million loan by a Victoria Falls hotelier to cushion its business against COVID-19...Published: 17 Mar 2021 at 06:33hrs | 9 | by Staff reporter
West to impose sanctions on South Africa if Ramaphosa is removed
Lately, there has been rising positive publicity on Zimbabwe and rising negativity on South Africa by international and white media.Just recently, the world bank released unemployment numbers ...Published: 11 Mar 2021 at 14:12hrs | 2 | by Rutendo Ben Matinyararire
AID to Africa is dead aid: It must be stopped
We need to ask ourselves critical questions; is foreign aid good for Africa? What purpose is it intended for? Is aid helping the people it is intended to assist in alleviating hunger and poverty in Af...Published: 15 Feb 2021 at 06:56hrs | 10 | by Nomazulu Thata
Chiyangwa's 50 children maintenance bill
BUSINESSMAN-CUM-POLITICIAN Philip Chiyangwa recently told a court that he is paying maintenance for more than 50 children.This came to light after his High Court appeal against a $40 000 maint...Published: 17 Dec 2020 at 17:59hrs | 7 | by Staff reporter
Govt loses millions to loan defaulters
Government lost millions of dollars to Micro, Small and Medium Enterprises loan defaulters and fraudsters employed by the Small and Medium Enterprises Development Corporation. In an audit repo...Published: 16 Nov 2020 at 07:11hrs | 1 | by Staff reporter
UN to assist debt-ridden landlocked countries including Zimbabwe
THE United Nations (UN) says it is committed to finding solutions to assist landlocked developing countries, including Zimbabwe, whose debt crisis has been exacerbated by the coronavirus (Covid-19) pa...Published: 27 Sep 2020 at 17:52hrs | | by Staff reporter
Woman pummels ex-lover at midnight
A 21-YEAR-OLD woman from Bulawayo has been fined $50 for storming into her ex-boyfriend's house at midnight and assaulting him after he turned down her plea to rekindle their affair. Mer...Published: 05 Sep 2019 at 07:55hrs | 1 | by Staff reporter
Mugabe's court challenge dismissed
Former Zimbabwe National Road Administration (Zinara) board chairperson Albert Mugabe on Wednesday had his application challenging the acceptability of a letter he allegedly wrote to CBZ Bank guarante...Published: 28 Jun 2019 at 06:17hrs | | by Staff reporter
'Chiwenga was never a real soldier' CIA report
Vice President Constantino Chiwenga has always been a politician who knows very little about military activities a CIA report said.A Wikileaks cable 10HARARE7_a addressed to America's CI...Published: 27 Jun 2019 at 20:21hrs | | by Mandla Ndlovu
Load More Stories
