Search / Deposits
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: 6 hrs ago | 57 | 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 | 59 | 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 | 110 | 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 | 54 | 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 | 84 | 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 | 610 | 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
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 | 2416 | by Roland Mpofu I iol
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
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 | 66 | 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
'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
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
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
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
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
RBZ to swoop on currency hoarders
The Reserve Bank of Zimbabwe (RBZ) is set to crack down on businesses and individuals hoarding money in cash deposit boxes at banks, homes, and business premises. Authorities are concerned that such p...Published: 02 Apr 2025 at 08:47hrs | 574 | by Staff reporter
Mudenda rejects coal mining proposal inside Hwange National Park
Speaker of Parliament, Jacob Mudenda, has firmly rejected a proposal to conduct coal mining within Zimbabwe's Hwange National Park, emphasizing that alternative coal-rich areas are available elsewhere...Published: 13 Mar 2025 at 07:44hrs | 892 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter
Funds embezzlement scandal at Khumalo Primary School
Khumalo Primary School headmistress Stella Mhlanga and two other school officials are facing allegations of embezzling US$12,000 from the school's funds through under-banking and other fraudulent acti...Published: 27 Feb 2025 at 11:43hrs | 1467 | by Stephen Jakes
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 | 1536 | by NewsHawks
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 | 1540 | 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 | 243 | 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 | 3939 | 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 | 312 | 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 | 406 | 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 | 78 | by Staff reporter
The role of cybersecurity in protecting digital businesses and betting platforms in 2025
As technology and the internet become increasingly advanced, businesses and platforms must pay close attention to providing security for their digital interactions. These days, consumers share a l...Published: 30 Jan 2025 at 21:18hrs | 75 | by Staff reporter
2025 Gambling News: The Rise of the Emirates
One of the most fascinating developments in recent years has been the step change in culture that has occurred in the Middle East. Because we're passionate about bringing you the latest news and m...Published: 30 Jan 2025 at 21:17hrs | 61 | 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 | 593 | 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 | 144 | 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 | 926 | 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
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 | 173 | 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 | 294 | by Tendai Ruben Mbofana
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 | 502 | 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 | 115 | 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 | 781 | 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 | 2166 | 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 | 88 | 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 | 189 | 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 inflation eases
Zimbabwe's inflation rate eased significantly in November, marking a slowdown to 11.7% from 37.2% in October, according to the Reserve Bank of Zimbabwe (RBZ). The decline was attributed to the central...Published: 05 Dec 2024 at 11:08hrs | 497 | by Staff reporter
Load More Stories
