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Zimbabwe's 'pizza budget' proves economy on the verge of collapse
Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. ...Published: 30 Nov 2024 at 19:01hrs | 549 | by Tendai Ruben Mbofana
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 | 1540 | by Staff reporter
Private sector efficiency: South Africa's Murray & Roberts enters business rescue
Murray & Roberts (M&R) Limited has entered business rescue due to a severe cash crunch in its South African operations. The company, whose shares have fallen 64% recently, is also look...Published: 24 Nov 2024 at 15:40hrs | 2031 | by Staff reporter
Econet in aggressive 5G roll out
Econet Wireless Zimbabwe (EWZ), the country's leading mobile network operator, is continuing its aggressive rollout of 5G base stations as part of its strategy to solidify its position in the increasi...Published: 20 Nov 2024 at 07:08hrs | 661 | by Staff reporter
Elections expose Sadc ruling parties
Recent elections across Southern Africa have revealed a growing challenge for ruling parties, especially those that evolved from former liberation movements, as they struggle to maintain their grip on...Published: 15 Nov 2024 at 08:39hrs | 1219 | by Staff reporter
'Mnangagwa's milestones shake Zimbabwe's political landscape'
President Emmerson Mnangagwa's transformative economic strategies and significant achievements have caused disarray within the opposition, pushing them toward early political retirement, according to ...Published: 30 Sep 2024 at 07:29hrs | 885 | by Staff reporter
Chitungwiza space barons clash with church over land ownership
Recent clashes between Kuera Apostolic Church (under Arch-Bishop Honest Mupepe) and allegedly connected space barons have spilled in the courts of law, as the two parties fight over ownership and cont...Published: 21 Sep 2024 at 09:45hrs | 798 | by Gideon Madzikatidze/Simbarashe Sithole
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 100 | by Staff reporter
Time for Progressive People to Unite
The struggle is real, and there has been a lot of political polarisation and disintegration of the opposition in the country.There is now a need for a collective effort to unshackle the bondag...Published: 29 Aug 2024 at 16:17hrs | 505 | by Leonard Koni
Pick n Pay faces probe over alleged racism, forex looting
An investigation has been launched by the National Employment Council (NEC) for the Commercial Sectors in Zimbabwe into allegations of racism, foreign currency looting, and unfair labour practices at ...Published: 20 Aug 2024 at 16:16hrs | 1161 | by Staff reporter
Dembare battle to contain crisis
DYNAMOS management are fighting with their back to the wall to save the situation at their club after the players refused to take to the training pitch for the fourth day running yesterday in a crisis...Published: 10 Jul 2024 at 17:58hrs | 12 | by Staff reporter
Government's ZWL$1 billion debt cripples Zimpapers operations
The country's largest multimedia group, Zimpapers Limited is owed in excess of ZWL$1 billion by government departments and ministries, parliament has been told, a situation that has crippled its opera...Published: 09 Jul 2024 at 06:21hrs | 10 | by Staff reporter
Kingpins of US$40m Zec scandal fear repercussions
Key players involved in a controversial US$40 million deal with the Zimbabwe Electoral Commission (Zec) are implicated in potential money laundering activities, as revealed by leaked audios and corres...Published: 01 Jul 2024 at 04:28hrs | 4 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 2 | by @Jamwanda2 on Saturday
Ingwebu requests water payment holiday
Ingwebu Breweries, owned by the Bulawayo Municipal Commercial Unit, requested a one-time water payment holiday from the Bulawayo City Council (BCC) due to the 2023/24 El Niño-induced drought. This dr...Published: 09 Jun 2024 at 09:07hrs | 4 | by Staff reporter
ZiG to join global currency club with ISO Code
The Reserve Bank of Zimbabwe (RBZ) is in the process of applying for an International Organisation for Standardisation (ISO) code for the Zimbabwe Gold (ZiG) as it moves to make the unit a standalone ...Published: 23 May 2024 at 19:25hrs | 19 | by Tafara Shumba
Water Witch Mine: Leading Zimbabwe's mining sector into the future
In the heart of Matabeleland North Province, a remarkable transformation is underway at the Water Witch Mine. Once emblematic of informal, small-scale mining, Water Witch now stands tall as a beacon o...Published: 20 May 2024 at 17:19hrs | 140 | by Mandla Ndlovu
Rejuvenating the Real Estate Market in Matabeleland, Zimbabwe: Strategies for Development and Competitiveness
Chief Real Estate Officer, Integrated Properties Zimbabwe, a nation with a storied history and a vibrant yet tumultuous economy, faces multifaceted chal...Published: 19 May 2024 at 20:58hrs | 31 | by Dr Bekithemba Mpofu
'War vets welfare remains priority'
THE constitutional obligations of honouring and respecting brave men and women who sacrificed their lives for the freedom being enjoyed today will be upheld by Government, the Minister of Veterans of ...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 2 | by Staff reporter
Mnangagwa to headline Mugabe Day celebrations
PRESIDENT Mnangagwa is expected to headline the National Youth Day celebrations at Mushagashe Vocational Training Centre in Masvingo on Wednesday with Youth Development, Empowerment and Vocational Tra...Published: 18 Feb 2024 at 09:00hrs | | by Staff reporter
Zimbabwe electricity imports down 57%
ZIMBABWE has started reaping savings from reduced energy imports following improved domestic electricity generation mainly from the upgraded Hwange Thermal Power Station and the rising contribution by...Published: 30 Jan 2024 at 04:22hrs | 18 | by Staff reporter
Zimbabwe, UK enter new trade era
THE influential Westminster Africa Business Group has expressed its interest to set up camp in Zimbabwe and open doors for British investments to come into the country.This comes as Zimbabwe h...Published: 24 Jan 2024 at 04:48hrs | | by Staff reporter
Zimbabwe CEOs push back on salaries disclosure
THE chief executives (CEOs) of firms trading their shares on Zimbabwe's two stock exchanges have slapped down proposed regulations that would force them to disclose their earnings in line with interna...Published: 22 Dec 2023 at 18:16hrs | 11 | by Staff reporter
Trucks pile up on Zimbabwe side as SA runs out of parking space
Commercial cargo destined for regional and international markets is piling up on the Zimbabwean side at Beitbridge Border Post after the South African side ran out of parking space.Zimbabwe ha...Published: 19 Dec 2023 at 12:56hrs | 10 | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 7 | by Staff reporter
Shock as fraudster creates fake Charity Charamba's Facebook account
In a press release issued today, Mr. Michael Chiwoneso Mukura, the Spokesperson for the Ministry of Foreign Affairs and International Trade, has alerted the public to the existence of a fraudulent Fac...Published: 08 Dec 2023 at 10:18hrs | 16 | by Mandla Ndlovu
Zimbabwe political parties should respect voters
THE election season is upon us once again with Vice-President Constantino Chiwenga promising youth in Bulawayo that government will create more jobs for the constituency.Drumming up support fo...Published: 05 Dec 2023 at 05:20hrs | 8 | by Staff reporter
Zimbabwe's promises of mega deals are yet to materialise
GOOD day, President Emmerson Mnangagwa.Your Excellency, there could be no vainly venture than perversion. It cannot withstand scrutiny. It melts on the onset of cross-examination.As I ...Published: 29 Nov 2023 at 14:52hrs | 11 | by Cyprian Muketiwa Ndawana
Zimbabwe attracts US$8bn investments in 2023
Zimbabwe this year attracted investments worth US$8 billion, double the amount that had been targeted by the Zimbabwe Investment and Development Agency (ZIDA) at the beginning of the year, as the Seco...Published: 29 Nov 2023 at 05:07hrs | 11 | by Staff reporter
Zimbabwe records 468 000t wheat harvest
The successful land reform paid dividends to wheat farmers this season following the attainment of a resounding record wheat harvest of 467 905 tonnes compared to 375 000 tonnes last season with farme...Published: 28 Nov 2023 at 05:17hrs | | by Staff reporter
Mnangagwa miserably failed to utilise the coup d'état dividend
Robert Mugabe on Herbert Chitepo (and a Rejoinder on the Missed Opportunity of the 2017 Coup)Book Excerpt from: In Search of the Elusive Zimbabwean Dream, Volume III (Ideas & Solutions)...Published: 24 Nov 2023 at 16:49hrs | 23 | by Professor Arthur G.O. Mutambara
Plans to develop Zimbabwe's biggest mine near Bulawayo
Caledonia Mining is exploring options to raise US$250m to develop its Bilboes project into what could be Zimbabwe's biggest gold mine.The company, which also owns the Blanket gold mine in Zimb...Published: 22 Oct 2023 at 10:41hrs | | by Staff reporter
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | | by Tendai Ruben Mbofana
Caledonia Mining Corporation declares 14 cents dividend
Zimbabwe, October 2, 2023 - Caledonia Mining Corporation, a prominent global mining firm with operations in Zimbabwe, has declared a dividend of US$0.14 per share for the third quarter of its 2023 tra...Published: 03 Oct 2023 at 09:17hrs | 8 | by Staff Reporter
CBZ commends Mthuli Ncube's bold inflation policy
CBZ Holdings Limited (CBZHL), the country's largest banking institution in terms of deposits and assets, has commended monetary authorities for taking bold inflation-targeted measures. The company has...Published: 24 Sep 2023 at 11:47hrs | 3 | by Staff reporter
Mutapa looting machine
PRESIDENT Emmerson Mnangagwa is full of surprises.He wants to be seen to be doing something and, in many instances, creates new offices that in reality are as clear as mud.Mutapa Inves...Published: 23 Sep 2023 at 21:34hrs | | by Paidamoyo Muzulu
PPC consolidates shareholding in Zimbabwe unit
Cement manufacturer PPC has increased its shareholding in its Zimbabwean unit to 90% by repurchasing shares previously held by various indigenisation parties. The shares were repurchased at a price of...Published: 21 Sep 2023 at 06:16hrs | 1 | by Staff reporter
Zimbabwe gets US$300m insurance cover
Zimbabwe has benefited from insurance support totaling over US$300 million from the African Trade & Investment Development Insurance (ATIDI) over six years. ATIDI, headquartered in Nairobi, has ex...Published: 15 Sep 2023 at 06:28hrs | | by Staff reporter
The law cannot resolve Zimbabwe's political question
AS debate raged over the weekend on whether the Citizens Coalition for Change (CCC) should have gone to court in the matter of the sham election, l was and still remain unconvinced on what would have ...Published: 06 Sep 2023 at 06:20hrs | 11 | by Luke Tamborinyoka
Nevers Mumba's report on Zimbabwe election is invalid
SADC REPORT THAT FAILS TO DENOUNCE THE ILLEGAL SANCTIONS' IMPACT ON ELECTIONS IS INVALID.We acknowledge the SADC report concerning irregularities in the harmonized Zimbabwean elections....Published: 25 Aug 2023 at 23:04hrs | 1 | by Rutendo Matinyarare
Kasukuwere not endorsing Chamisa
Saviour Kasukuwere, blocked from running for president by a court, says he will not be endorsing any candidate in Wednesday's general elections - but he is urging his supporters not to vote for the in...Published: 21 Aug 2023 at 21:04hrs | 10 | by Staff reporter
Chiwenga says Zimbabwe is on unstoppable march to prosperity
Zimbabwe is on an unstoppable march to prosperity under the leadership of President Mnangagwa and not even desperate shenanigans by some of the country's opposition political parties will slow down th...Published: 12 Aug 2023 at 07:48hrs | 12 | by Staff reporter
Soldiers deface Mnangagwa posters
THE Zimbabwe Defence Forces has dismantled the Cleveland Shooting Range in Harare amid allegations that some soldiers stationed there were defacing President Emmerson Mnangagwa's campaign posters in M...Published: 02 Aug 2023 at 08:13hrs | 8 | by Staff reporter
'Zimbabwe treasury lost $1,6 trillion to tax exemptions'
TREASURY, always in financial distress, lost about $1,6 trillion last year, up 312% compared to the prior year, through tax expenditures consisting of uncollected tax due to exemptions and incentives ...Published: 27 Jul 2023 at 06:39hrs | | by Staff reporter
Zanu-PF supporters invade CCC gathering
Zanu-PF supporters at the weekend sort to disturb a rally which was being addressed by Citizens Coalition for Change (CCC) national deputy spokesperson Gift Siziba in Bulawayo.This prompted th...Published: 24 Jul 2023 at 06:51hrs | | by Staff reporter
'If Zimdollar is abandoned markets and financial institutions will recover'
As the Zimbabwean dollar continues to battle for its survival under severe pressure from the United States dollar despite its recent recovery rally, John Legat, Imara Asset Management (Zimbabw...Published: 21 Jul 2023 at 07:56hrs | | by Staff reporter
Dembare plucks Chicken Inn
Chicken Inn 0 - 2 Dynamos DYNAMOS FC, once again proved too strong for Chicken Inn FC after registering a 2-0 away win at Barbourfields Stadium in Bulawayo, this Saturday afternoon.After C...Published: 15 Jul 2023 at 17:10hrs | 10 | by Staff reporter
Mnangagwa takes the risk by sidelining army in polls
PRESIDENT Emmerson Mnangagwa has taken a huge political risk by sidelining the military - which has kept Zanu-PF in power directly since 2000 - from his dicey intelligency-driven presidential election...Published: 09 Jul 2023 at 14:26hrs | 11 | by Staff reporter
Remittances anchor Zimbabwean economy
THE World Bank recently released global diaspora remittance statistics, which show that expatriates from low and middle-income countries sent over US$647 billion to their home countries in 2022....Published: 07 Jul 2023 at 07:52hrs | 12 | by Victor Bhoroma
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