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Choppies exits Zimbabwe with US$1 million loss
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately US$1.02 million) following the disposal of its Zimbabwean operations in December...Published: 6 hrs ago | 402 | by Staff reportetr
The abuse of freedoms and upending of Constitutional order
THE freedoms of expression, assembly, and association are fundamental human rights, essential for the flourishing of democratic societies.However, these rights are not absolute, and their limi...Published: 03 Apr 2025 at 08:39hrs | 330 | by Nick Mangwana
Mystery over council's vanished US$4,5m loan deepens
A forensic audit has revealed that Harare City Council's US$4.5 million loan to Harare Quarry Private Limited was advanced without a formal agreement, raising concerns over governance and financial mi...Published: 03 Apr 2025 at 08:16hrs | 276 | by Staff reporter
Fidelity Gold Refinery invites bids for gold collection centre construction
Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility a...Published: 23 Mar 2025 at 08:08hrs | 205 | by Staff reporter
Bushiri and his wife ordered to be extradited to SA
The Chief Resident Magistrate Court in Malawi has ordered that self-proclaimed prophet, Shepherd Bushiri and his wife, Mary Bushiri, be extradited to South Africa.Minister of Justice and Const...Published: 12 Mar 2025 at 16:45hrs | 6270 | by Staff reporter
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 534 | by Staff reporter
Modi takes over Choppies outlets
Retail chain operator Sai Mart, owned by Bulawayo businessman and legislator Raj Modi, has successfully acquired all former Choppies Zimbabwe outlets nationwide and is now embarking on an extensive re...Published: 10 Mar 2025 at 08:41hrs | 1684 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2026 | by Staff reporter
Bulawayo City Council installs new elevators at Tower Block
The Bulawayo City Council has invested US$778 260 in installing new elevators at the Tower Block Municipal Building, with further plans to rehabilitate other key city assets, including the City Hall C...Published: 03 Mar 2025 at 12:32hrs | 242 | by Staff reporter
NetOne's OneMoney aims to revolutionise financial inclusion in Zimbabwe
NetOne's mobile financial services subsidiary, ONE Money, is set to transform financial inclusion in Zimbabwe by offering a suite of innovative products and services designed to reach the country's un...Published: 01 Mar 2025 at 09:20hrs | 146 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 307 | by NewsHawks
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1665 | 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 | 1519 | by NewsHawks
Changes at Steward Bank as Nyambirai makes a comeback
EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai's recent acquisition of a controlling stake in the company.The development comes after a major restr...Published: 15 Feb 2025 at 07:59hrs | 1731 | by Staff reporter
US$8m Belarus proposal divides Bulawayo councillors
A proposal by the Bulawayo City Council (BCC) to procure vehicles and equipment from Belarus for US$7.5 million has ignited divisions within Zimbabwe's second-largest city. Official documents released...Published: 14 Feb 2025 at 12:57hrs | 1185 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 186 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 399 | by Staff reporter
US$4.5 million mysteriously disappeared from Harare City Council
More than US$4.5 million has inexplicably vanished from the Harare City Council (HCC) through its subsidiary, Harare Quarry, sparking an investigation into rampant corruption within the local authorit...Published: 06 Feb 2025 at 16:04hrs | 368 | by Staff reporter
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 143 | by Staff reporter
Zimbabwe govt vows to confiscate and burn second-hand clothing
Tafadzwa Muguti, Permanent Secretary for Presidential Affairs and Devolution in the Office of the President and Cabinet, has reiterated that the importation and sale of second-hand clothing in Zimbabw...Published: 25 Jan 2025 at 15:43hrs | 918 | by Staff reporter
Zimbabwean airline start-up gets air service permit
Zimbabwean start-up Transvaal Africa Airlines has secured an air service permit and is working to finalise certification to launch passenger and cargo flights with three leased Boeing aircraft by the ...Published: 18 Jan 2025 at 06:33hrs | 695 | by Staff reporter
Outrage over imminent Lower Gwelo evictions
Disgruntled villagers from Nsukunengi Village, located under Chief Bunina in the Midlands' Lower Gwelo area, are expressing growing fears of being evicted from their ancestral land to make way for a m...Published: 31 Dec 2024 at 13:47hrs | 218 | by Staff reporter
Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 22 Dec 2024 at 11:13hrs | 801 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 464 | by Agencies
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 | 2114 | by Staff reporter
Zimbabwe govt resumes construction of presidential villas at Mt Hampden
The Zimbabwean government has resumed construction of the 50 villas initially planned for completion ahead of the 44th Sadc Heads of State and Government Summit in August this year. The villas are now...Published: 12 Dec 2024 at 06:53hrs | 650 | by Staff reporter
Zimbabweans drive property boom in Sandton, South Africa
A growing number of high-net-worth Zimbabweans are turning to Sandton, South Africa, as a preferred destination for property investments, business expansion, and lifestyle enhancement.One proj...Published: 12 Dec 2024 at 06:43hrs | 5886 | by Staff reporter
UK-based Zimbabwean who called for bombings face deportation
A Zimbabwean man residing in the UK, William Chinyanga, 54, is set to be deported to Zimbabwe after serving a prison sentence for incitement to violence. Chinyanga was convicted for live-streaming Fac...Published: 09 Dec 2024 at 16:28hrs | 1639 | by Staff reporter
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 677 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6213 | by Staff reporter
Parliament plunges into darkness during Mthuli Ncube's national budget speech
Electricity went off plunging parliament into darkness as finance minister Mthuli Ncube was concluding his 2025 national budget speech on Thursday.President Emmerson Mnangagwa was escorted out...Published: 28 Nov 2024 at 15:40hrs | 283 | by Staff reporter
PPC Zimbabwe lays off managers
Cement manufacturer PPC Zimbabwe is facing growing discontent among its middle-level management in the southern region following reports that over 20 local managers are set to be laid off as part of a...Published: 27 Nov 2024 at 07:08hrs | 1624 | by Staff reporter
Chinese cement plant commissioning set for January in Zimbabwe
Huaxin Zimbabwe (Pvt) Limited, a subsidiary of Chinese multinational Huaxin Cement Co. Ltd, is on track to commence cement production at its state-of-the-art plant in Mount Hampden by the end of 2024....Published: 27 Nov 2024 at 06:41hrs | 213 | by Staff reporter
3 arrested for stealing 5,000litres of diesel from Feruka pipeline
Three suspects, Liberty Munyaradzi (34), Clementine Sikoti (39), and Itai Ndlovu (43), appeared before Harare Magistrate Apollonia Marutya yesterday, facing charges of stealing 5,000 litres of diesel ...Published: 26 Nov 2024 at 08:15hrs | 501 | by Staff reporter
Econet, are you ready for Starlink's direct-to-phone satellite offering?
Starlink, the SpaceX subsidiary that uses low-Earth orbit satellites to provide broadband internet services globally, is intensifying efforts to offer direct-to-smartphone connectivity.Accordi...Published: 24 Nov 2024 at 16:20hrs | 2593 | by Staff reporter
Zanu-PF govt engages BCC over TTI
The Government has stepped in to address the growing concerns regarding the conduct of Tendy Three Investments (TTI), the parking management company contracted by the Bulawayo City Council (BCC), foll...Published: 24 Nov 2024 at 10:11hrs | 318 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2647 | by Wilbert Mukori
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 219 | by Agencies
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 234 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3688 | by Tendai Ruben Mbofana
Zinara gets thumbs-up
The Zimbabwe National Roads Administration (Zinara) has received parliamentary approval after effectively addressing concerns raised in the latest report by Auditor-General Rheah Kujinga regarding its...Published: 05 Nov 2024 at 08:23hrs | 222 | by Staff reporter
Family leaves coffin at Ecosure branch after funeral cost dispute
A family in Zimbabwe has expressed their frustration and despair after leaving their relative's coffin at an Ecosure branch, following the company's refusal to cover the funeral costs. The denial of t...Published: 03 Nov 2024 at 13:42hrs | 1817 | by Staff reporter
Zimbabwe power outages to ease as Hwange Unit 7 returns to operation
The Zimbabwean government has assured citizens that severe power outages affecting the country will ease this weekend as Hwange Unit 7, recently down for maintenance, is set to resume operation. The u...Published: 01 Nov 2024 at 06:32hrs | 385 | by Staff reporter
Russia fines Google US$2.5 decillion
A Russian court has fined Google $2.5 decillion for allegedly blocking pro-Kremlin propaganda on YouTube.The fine, which is the equivalent of $2.5 trillion trillion trillion, is the result of ...Published: 31 Oct 2024 at 08:37hrs | 753 | by Staff reporter
Chinese Steel Plant: Zimbabwe's economic boon
Zimbabwe is aiming to be home to Africa's largest steel plant, but disputes over the project continue even as it ramps up production.Over the past few months, villagers have been accusing the ...Published: 31 Oct 2024 at 06:53hrs | 7947 | by Staff reporter
Cheap mobile and fintech innovator a solution for the Zimbabwe market
Greydot Telecommunications Zimbabwe, a subsidiary of Greydot Telecommunications Africa, is making significant strides in the telecommunications and fintech landscape across Southern Africa. Establishe...Published: 27 Oct 2024 at 14:32hrs | 829 | by Staff reporter
Zimbabwe to participate at top minerals summit
Zimbabwe is preparing to participate in the upcoming Critical Minerals Africa Summit, scheduled to take place in Cape Town, South Africa, from November 6 to 7. The summit comes at a time when the worl...Published: 25 Oct 2024 at 08:50hrs | 156 | by Staff reporter
Chitepo School of Ideology director threatens voters
Controversy has erupted following alarming remarks made by Resten Magumise, a director at Zanu-PF's Chitepo School of Ideology, who threatened war against Zimbabweans advocating for the democratic rem...Published: 24 Oct 2024 at 08:01hrs | 282 | by Staff reporter
Powertel gains 2% market share
Powertel, a telecom subsidiary of ZESA Holdings, has recorded a significant 2.05 percentage point increase in market share during the second quarter of 2024, according to the latest report from the Po...Published: 23 Oct 2024 at 18:48hrs | 163 | by Staff reporter
Cabinet speaks on power supply shortages amid prolonged blackouts
The Zimbabwean government has announced a series of measures to address the country's ongoing power supply shortages as extended daily blackouts continue to disrupt homes and businesses nationwide....Published: 16 Oct 2024 at 12:11hrs | 911 | by Staff reporter
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