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Chrome mining boon for Shurugwi families
In a major step toward community empowerment and inclusive resource management, Shurugwi North legislator Joseph Mpasi has launched an ambitious mining initiative aimed at directly benefiting local fa...Published: 21 hrs ago | 110 | by Staff reporter
Gold panner digs under railway line, faces 10 years behind bars
A daring artisanal miner is facing a possible 10-year prison sentence after being caught illegally digging for gold directly beneath an active railway line in Mvuma - a reckless act that endangered bo...Published: 06 Jun 2025 at 12:10hrs | 88 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 137 | by Staff reporter
Zimbabwe begins paying long-delayed Civil Registry allowances
The government has finally started disbursing long-overdue allowances to civil servants who participated in the Civil Registry Department's voter registration mop-up exercise ahead of the 2023 general...Published: 06 Jun 2025 at 09:40hrs | 139 | by Staff reporter
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 600 | by Trymore Sibanda
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 836 | by Staff reporter
Taxi driver steals US$680 hidden in female passenger's underwear
A taxi driver in Kwekwe has been sentenced to three years in prison after he allegedly robbed a female passenger of US$680 that she had hidden in her underwear, following a dramatic diversion and conf...Published: 03 Jun 2025 at 11:56hrs | 1440 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 161 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 60 | by Staff reporter
Harare City Council is dead, needs complete overhaul
Former chairperson of Harare City Council's audit committee, Councillor Blessing Duma, has delivered a scathing indictment of the local authority, declaring that "the council is dead" and requires not...Published: 31 May 2025 at 14:03hrs | 545 | by Staff reporter
Zimbabwe records surge in traveller movements
Zimbabwe is strengthening its reputation as a leading destination for migration and investment in the region, with a notable increase in traveller movements recorded in the first quarter of 2025....Published: 31 May 2025 at 13:50hrs | 138 | by Staff reporter
Bonuses, Payments, and Gaming Variety at 1win for Thai Players
Thai players exploring online gaming platforms often prioritize generous bonuses, convenient payment methods, and a diverse selection of games. The platform known as ...Published: 30 May 2025 at 22:22hrs | 114 | by Staff Reporter
Exclusive Casino Experience - Sign up for ValorBet
How to play games from the comfort of your own home? Register at an online casino by choosing a licensed and modern platform. Many players choose Valorbet-1.com, pa...Published: 30 May 2025 at 22:15hrs | 55 | by Staff Reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 85 | by Staff reporter
Man loses US$65,000 in stand scam
Simbarashe Mwanandimai, a 43-year-old director of EDI Resources from Borrowdale, appeared before Harare Magistrates' Court facing allegations of defrauding a home-seeker of US$65,500 by selling a resi...Published: 30 May 2025 at 09:01hrs | 539 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 718 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 108 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 611 | by Staff reporter
Court interpreter arrested over US$200 'bribe'
A court interpreter stationed at Mbare Magistrates Court appeared before a regional magistrate this week after he was allegedly caught soliciting a bribe to influence the outcome of a criminal case....Published: 22 May 2025 at 11:15hrs | 469 | by Staff reporter
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 383 | by Agencies
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1461 | by Staff reporter
Promoter 'silences' 'Silent Killer'?
Zimbabwean dancehall artist Jimmy Mudereri, widely known by his stage name 'Silent Killer,' is facing a demand for US$122,170 from Y2K Entertainment, the organisers of the UK SAMA Festival, after fail...Published: 18 May 2025 at 11:59hrs | 414 | by Staff reporter
High Court grants bail to 89 March 31 'protesters'
The High Court has granted bail to 89 individuals who were arrested on March 31 during anti-government protests, ending a month-and-a-half-long incarceration after they were initially denied bail by a...Published: 15 May 2025 at 14:11hrs | 154 | by Staff reporter
Kereke wins legal battle
Former Zanu PF legislator Munyaradzi Kereke has won a legal battle against the Harare Municipal Medical Aid Society (HMMAS), which had sought a refund of US$138,000 over a failed bid to purchase Fortr...Published: 14 May 2025 at 08:48hrs | 993 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 507 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2417 | by Roland Mpofu I iol
Blessed Mhlanga granted $500 bail after prolonged detention
High Court judge Justice Gibson Mandaza has granted bail to Alpha Media Holdings journalist Blessed Mhlanga, ending a weeks-long detention that had drawn widespread criticism from press freedom advoca...Published: 06 May 2025 at 15:02hrs | 1454 | by Staff reporter
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 164 | by Staff reporter
Lupane methane gas project set to begin operations in Q2 2025
The Lupane Methane Gas (LMG) Project is expected to commence operations in the second quarter of 2025, according to the project's executive chairperson, Thabani Hove.Hove revealed that the pro...Published: 29 Apr 2025 at 07:12hrs | 457 | by Staff reporter
Chinese duo acquitted in attempted murder storm
Two Chinese nationals, Hui Xiang and Zhao Yunfeng, who were accused of attempted murder, walked free yesterday after the Harare Magistrates' Court acquitted them at the close of the State case....Published: 29 Apr 2025 at 07:06hrs | 208 | by Staff reporter
More than 300 people duped in Zimbabwe grocery deal
Police are hunting for three women accused of orchestrating a massive grocery scam that duped more than 300 people out of thousands of dollars in a fraudulent bulk-buying scheme.The suspects, ...Published: 29 Apr 2025 at 07:01hrs | 476 | by Staff reporter
Gwanda unveils investment incentives
The Municipality of Gwanda has launched a comprehensive set of strategic economic incentives aimed at unlocking investment and accelerating growth in key sectors such as agro-processing, mineral proce...Published: 28 Apr 2025 at 12:26hrs | 67 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 23 | by Staff reporter
ALROSA to double investment in Zimbabwe's diamond sector
ALROSA, the world's largest diamond producer by output, has announced plans to double its initial investment in its joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC), in a move that ...Published: 24 Apr 2025 at 07:20hrs | 180 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 24 Apr 2025 at 07:08hrs | 144 | by Staff reporter
Man arrested for attempted fraud of over ZiG1 Million
Henry Chishanga (39), a man from Chitungwiza, has appeared in court facing allegations of attempting to defraud an insurance company of over ZiG1 million by presenting fake proof of payment for insuri...Published: 16 Apr 2025 at 23:20hrs | 234 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3713 | by Staff reporter
Zimbabwe to produce solar panels, lithium batteries
Zimbabwe is set to begin large-scale manufacturing of solar panels and lithium batteries as part of a bold new initiative to boost the country's renewable energy sector. The development follows the re...Published: 14 Apr 2025 at 09:08hrs | 320 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10305 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 635 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 174 | by Staff reporter
Mashonaland to Matebeleland migration worsens Bulawayo water, sewage crisis
Bulawayo City Council has attributed the increasing frequency of sewer bursts to the growing demands placed on the city's infrastructure, driven largely by rural-to-urban migration, which has led to s...Published: 12 Apr 2025 at 09:14hrs | 11682 | by Staff reporter
Zimbabwe explores the use of nuclear energy
Vice President Constantino Chiwenga has reaffirmed the Zimbabwean government's commitment to pursuing nuclear energy, particularly through small modular reactors (SMRs), as part of efforts to build a ...Published: 10 Apr 2025 at 09:05hrs | 88 | by Staff reporter
CCC councillors demand US$4,000 vehicle loan
BULAWAYO City Councillors have controversially resolved to receive US$4,000 each in personal loan facilities for the purchase of vehicles - a move that defies a Government directive and comes at a tim...Published: 06 Apr 2025 at 11:28hrs | 698 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 376 | by Staff reporter
G4S sells South African Cash-in-Transit business
A South African company owned by a former G4S director has received approval from the Competition Commission to acquire G4S's local cash-in-transit (CIT) business. The acquiring entity, Izi Africa, is...Published: 05 Apr 2025 at 16:26hrs | 1520 | by Staff reporter
Gunfire and fear: Bulawayo grapples with a surge in deadly crime
The streets of Bulawayo have become a theatre of escalating gun violence, with a recent spate of chilling incidents raising alarm over public safety and law enforcement's growing vulnerability. The br...Published: 05 Apr 2025 at 08:38hrs | 360 | by Staff reporter
Zimbabwe central bank rubbishes reports on cash deposit box seizures
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims that it is targeting businesses and individuals holding cash in deposit boxes, following an article published in The Herald on April 2, 2025. Th...Published: 02 Apr 2025 at 18:53hrs | 2423 | by Staff reporter
Mnangagwa's regime forces police officers to sign loyalty forms
Zimbabwe Republic Police (ZRP) officers have been compelled to sign loyalty forms affirming their commitment to Commissioner General Stephen Mutamba, NewZimbabwe.com has learned. The forms, which are ...Published: 02 Apr 2025 at 09:10hrs | 524 | by Staff reporter
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