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RBZ dismisses fake news of POSB sale
The Governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, has dismissed claims that the People's Own Savings Bank (POSB) is up for sale. This follows reports suggesting that the state-own...Published: 22 Feb 2025 at 09:24hrs | 117 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1339 | by NewsHawks
Businessman loses US$8,000 to bogus VID officer
A businessman in Zhombe has been defrauded of US$8,000 by a fake Vehicle Inspection Department (VID) officer who falsely claimed to be in charge of disposing vehicles forfeited to the State.Mi...Published: 18 Feb 2025 at 14:26hrs | 1117 | by Staff reporter
Zimbabwe govt announces subsidized 2025 ZIMSEC exam fees
The Government of Zimbabwe has revealed the 2025 Zimbabwe School Examinations Council (ZIMSEC) examination fees for both Ordinary Level (O-Level) and Advanced Level (A-Level) candidates, with signific...Published: 13 Feb 2025 at 14:02hrs | 1351 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1243 | by Staff reporter
Geza embroiled in fraud and intimidation scandal
Controversial war veteran, Blessed Geza, finds himself at the center of a fraud, perjury, and corruption scandal after failing to pay US$1,250,000 for a piece of land in Harare. Geza, who is embroiled...Published: 11 Feb 2025 at 06:41hrs | 1769 | by Staff reporter
Zimbabwe Parliament resumes sitting
Parliament of Zimbabwe officially resumes sitting today after nearly two months of recess, with a significant legislative workload awaiting legislators. The two houses had adjourned in December last y...Published: 11 Feb 2025 at 06:39hrs | 241 | by Staff reporter
Zimbabwe govt launches one-stop centre for title deed issuance
The Government has established a one-stop centre to expedite the issuance of title deeds for landholders, streamlining the process and enhancing land tenure security and productivity in Zimbabwe....Published: 10 Feb 2025 at 06:36hrs | 439 | by Staff reporter
Zimbabwe police officer embezzles US$623 000
A Zimbabwe Republic Police (ZRP) officer, Isaac Chigidora (28), who oversaw administration and human resources for the ZRP Consolidated Fund, has been charged with embezzling a staggering US$623,462.7...Published: 10 Feb 2025 at 06:36hrs | 763 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
Zimbabwe's foreign currency reserves surge by 87%
The Reserve Bank of Zimbabwe (RBZ) has reported a significant increase in its foreign currency reserves, which have surged by 87% to reach US$550 million as of January 2025. This marks a substantial g...Published: 08 Feb 2025 at 12:49hrs | 3920 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Promising findings from Gwanda mining claims
Canadian mining company Pambili Natural Resources Corporation has revealed promising findings from its London Wall group of gold mines and claims in the Gwanda district of Matabeleland South, Zimbabwe...Published: 07 Feb 2025 at 06:37hrs | 307 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 391 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
3 men in court for 'swapping' gold with counterfeit button
Three men have been charged with defrauding a gold panner of gold worth US$1,858 by swapping a genuine smelted gold button with a counterfeit one. Aleck Ngoni Pangazira (38), Simbarashe Karimupfumbi (...Published: 06 Feb 2025 at 07:20hrs | 128 | by Staff reporter
Emerging markets opening up away from the UK as regulations continue to hit the casino industry
When an entertainment avenue enjoys such a meteoric rise into the limelight, it can be easy to be swept along with the success of it. For the iGaming industry, the past years have proved extremely fru...Published: 30 Jan 2025 at 21:21hrs | 30 | by Staff reporter
Betting Shops vs Betting Apps: Which Is Better in 2025?
We've all been there - standing in line at a betting shop, feeling the energy of the crowd, the buzz in the air. But then you think, "Isn't it easier to just ...Published: 30 Jan 2025 at 21:20hrs | 91 | by Staff reporter
Prophet Magaya fights O' Level demand
ZIFA presidential aspirant Walter Magaya has officially lodged a challenge at the Court of Arbitration for Sport (CAS), disputing the demand for an O' Level certificate for candidates vying for the as...Published: 15 Jan 2025 at 06:38hrs | 1038 | by Staff reporter
Mukuru launches mobile wallet in Zimbabwe to bolster financial inclusion
Next-generation financial services platform Mukuru has introduced a mobile wallet in Zimbabwe following the issuance of a deposit-taking microfinance institution licence by the Reserve Bank of Zimbabw...Published: 14 Jan 2025 at 14:12hrs | 246 | by Staff reporter
Bulawayo's Trenance landfill relocation
The Bulawayo City Council (BCC) has revealed that relocating the Trenance landfill site would require over US$1.8 million. However, city officials argue that such a move may be unnecessary, citing min...Published: 14 Jan 2025 at 14:07hrs | 106 | by Staff reporter
Church secretary in court for US$21k theft
Chipo Molly Machokonera (40), the administration secretary of Apostolic Faith Mission's (AFM) Shalom Assembly in Westlea, Harare, appeared at the Harare Magistrates Court on Saturday, facing charges o...Published: 13 Jan 2025 at 07:18hrs | 623 | by Staff reporter
China's meddling in Zimbabwe's internal politics unwelcome and against international law
China's actions in Zimbabwe are becoming increasingly disturbing, with its flagrant interference in the country's internal political affairs going beyond what is acceptable under international law. ...Published: 12 Jan 2025 at 23:11hrs | 589 | by Tendai Ruben Mbofana
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 142 | by Staff reporter
Potraz loses over US$9,000 to hacked system
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) lost over US$9,000 after a Harare woman hacked into the authority's system.Wadzanai Mutungura (33) was remanded to F...Published: 11 Jan 2025 at 08:37hrs | 109 | by Staff reporter
Mnangagwa's govt fails to remit teacher union funds
The government has failed to disburse funds deducted from teachers' salaries for union subscriptions, throwing the teacher unions into financial disarray and leaving them struggling to meet financial ...Published: 31 Dec 2024 at 13:54hrs | 188 | by Staff reporter
Branch manager disappears with US$35,390
A shocking scandal has unfolded in Victoria Falls after a trusted 23-year-old branch manager allegedly made off with a staggering US$35,390, funds that were intended for deposit into a wholesaler's ba...Published: 31 Dec 2024 at 13:41hrs | 103 | by Staff reporter
85 000 Chinese nationals now living in Zimbabwe
I was astonished to hear the other day that there are now over 85 000 Chinese nationals living in Zimbabwe. I questioned this estimate and was told no, its real. What on earth are they doing here? The...Published: 30 Dec 2024 at 19:15hrs | 888 | by Eddie Cross
Is Mnangagwa stalling real economic empowerment so that he can be thanked for handouts?
This morning, I watched a news report where the people of Goromonzi converged to receive one or two fire trucks which had been bought using so-called "Devolution Funds".My heart broke as sever...Published: 27 Dec 2024 at 17:40hrs | 870 | by Tendai Ruben Mbofana
5 Reasons to Choose Melbet in Zambia
Online betting is rapidly gaining popularity in Zambia, attracting more players thanks to its convenience and vast opportunities for entertainment and winnings. Among the many platforms available, Mel...Published: 26 Dec 2024 at 10:48hrs | 380 | by Staff Reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 171 | by Staff reporter
Mr. President, Zimbabwe's detractors are actually in the corridors of power
In his speech marking "National Unity Day," President Emmerson Mnangagwa reiterated an oft-repeated claim that Zimbabwe was under attack from supposed detractors. He declared, "The numerous at...Published: 23 Dec 2024 at 00:54hrs | 293 | by Tendai Ruben Mbofana
Why Hollywoodbets appeals to both casual and serious bettors in South Africa
Hollywoodbets is a South African betting company that was established in 2000. The company initially started as a publishing company that was involved in distributing and publishing horse racing cards...Published: 20 Dec 2024 at 12:36hrs | 318 | by Staff Reporter
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 500 | by Staff reporter
1Win App Review for Players in Uganda
You can easily download the 1Win app from the company's official website to your Android or iOS device. The app has low technical requirements, so almost anyone in Uganda will be able to use it. It is...Published: 19 Dec 2024 at 12:55hrs | 98 | by Staff Reporter
FBC Bank introduces 24/7 deposit-taking ATMs in Zimbabwe
FBC Bank has unveiled a 'groundbreaking' service in Zimbabwe with the launch of Deposit-Taking ATMs, enabling customers to deposit cash into their individual accounts or FBC Mastercard Prepaid cards a...Published: 17 Dec 2024 at 15:23hrs | 1026 | by Staff reporter
Marula Mining ceases Zimbabwe operations
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe...Published: 16 Dec 2024 at 13:55hrs | 2113 | by Staff reporter
Zimbabwean businessman eyes titanium value addition industry in Africa
Zimbabwean-born CEO Donovan Chimhandamba of South Africa-based Nyanza Light Metals has unveiled ambitious plans to establish a beneficiation and value addition industry for titanium minerals in Africa...Published: 14 Dec 2024 at 21:32hrs | 766 | by Staff reporter
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2155 | by Staff reporter
Time Bank offers war vets US$3,5bn
TIME Bank has offered a US$3.5 billion compensation package to Zimbabwe's liberation war veterans as part of its broader US$38 billion loan proposal to the government. This development follows signifi...Published: 14 Dec 2024 at 12:33hrs | 428 | by Staff reporter
Cops, municipal police shield mshikashikas
In the heart of Harare's central business district, lawlessness and corruption are rife as pirate taxi operators, known as "mshikashika," continue to defy traffic regulations with apparent impunity, w...Published: 14 Dec 2024 at 10:41hrs | 174 | by Staff reporter
Gunshots as Zanu-PF youths fight over gold claim
Violent clashes broke out in Goromonzi North on Wednesday following a dispute over a newly discovered gold deposit at Lonely Park Farm, owned by Antony Retzlarf. The unrest was sparked by Zanu-PF yout...Published: 14 Dec 2024 at 10:40hrs | 131 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 86 | by Staff reporter
Tenant in cyber-bullying storm over deposit
A Harare man, Martin Tinashe Mtandi (35), has appeared before the Harare Magistrates Court on charges of cyberbullying and harassment after allegedly making threats against his former landlord on soci...Published: 12 Dec 2024 at 06:52hrs | 184 | by Staff reporter
Police seek public help to track armed robbery gang in Bulawayo
Police in Bulawayo are appealing to the public for assistance in identifying and apprehending a gang of 10 armed robbers who carried out a daring heist at United Refineries in the Kelvin Industrial Ar...Published: 12 Dec 2024 at 06:46hrs | 307 | by Staff reporter
Safari operator nabbed over US$170,000 theft
A safari operator, Hamilton Mandizvidza, was arraigned before the courts last week on charges of theft of trust property involving US$170,000. Mandizvidza (44), the director of Falcon Safaris, appeare...Published: 09 Dec 2024 at 06:52hrs | 420 | by Staff reporter
Zanu-PF will be a different creature in next elections
If you grew up in the village as Bishop Lazi did, you learned to trust your instincts and nature.You also learned to appreciate that human beings have an innate biological alarm that is trigge...Published: 08 Dec 2024 at 09:27hrs | 180 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 304 | by Engineer Jacob Kudzayi Mutisi
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