Search / Dollar
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 3 hrs ago | 93 | by Staff reporter
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 16 hrs ago | 61 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 305 | by Staff reporter
NSS clearance delay persists
Zimbabwe's hopes of hosting the Warriors and CAF Champions League representatives Simba Bhora on home soil have been dealt another setback after the Confederation of African Football (CAF) clarified t...Published: 12 Aug 2025 at 08:33hrs | 129 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 176 | by Staff reporter
Zimbabwe police tighten impounded vehicle release rules
Police say vehicles impounded for traffic offenses will now only be released to their registered owners as per official vehicle registry records, in a move aimed at improving road safety and accountab...Published: 12 Aug 2025 at 08:25hrs | 239 | by Staff reporter
Mt Darwin's multimillion dollar tourist resort takes shape
Land developer MCM Estates has broken ground on a massive 100-hectare multi-million-dollar tourism development project in the scenic Chesa area of Mt Darwin, a venture expected to transform the Mashon...Published: 10 Aug 2025 at 19:27hrs | 414 | by Staff reporter
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 344 | by Staff reporter
Something is wrong at Zifa
AT one time, we thought everything was well at Zifa until information filtered through that the Zimbabwe Under 17 and Under 20 teams are still to be paid their allowances three months or so after thei...Published: 10 Aug 2025 at 12:02hrs | 315 | by Michael Kariati
Zimbabwe parliament fuel allocations under spotlight
A recent audit report by the Auditor General (AG) has exposed troubling irregularities within Parliament's administration, revealing that senior staff may have been allocating themselves over 1,...Published: 10 Aug 2025 at 10:09hrs | 251 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 190 | by Staff reporter
How Britain plans to keep Zimbabwe poor
After decades of isolation, Britain has returned to Zimbabwe - not with apologies, but with a billion-dollar shopping list and a polished script about "mutual benefit." At the centre of the conversati...Published: 09 Aug 2025 at 14:25hrs | 672 | by Sizwe SikaMusi
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 377 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
ZICC labels corruption a Human Rights Violation
The Zimbabwe Independent Complaints Commission (ZICC) has issued a strong condemnation of corruption in both public and private sectors, describing it as not only a governance failure but a fundamenta...Published: 07 Aug 2025 at 09:19hrs | 137 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 150 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 65 | by Staff reporter
US$0.597 billion paid by Zimbabwe Treasury unaccounted for
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...Published: 06 Aug 2025 at 21:21hrs | 165 | by Staff reporter
Goat tender fraud trial resumes
The trial of businessmen Moses Mpofu and Mike Chimombe, accused of defrauding the Government of US$7 million under the Presidential Goat Pass-On Scheme, resumed yesterday with Mpofu outlining the fina...Published: 05 Aug 2025 at 08:58hrs | 271 | by Staff reporter
Ghost workers at Zimbabwe's major hospitals
Zimbabwe's biggest hospitals are losing billions of dollars in public funds due to ghost workers, missing drugs, and a complete lack of oversight, a damning Auditor-General's report has revealed....Published: 04 Aug 2025 at 13:00hrs | 472 | by Staff reporter
NEC reviews wages for agricultural sector workers
The National Employment Council (NEC) for Zimbabwe's agricultural industry has announced an upward revision of minimum wages and allowances for workers in the sector, effective from June 1, 2025....Published: 04 Aug 2025 at 08:46hrs | 344 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 453 | by Staff Reporter
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 667 | by Satff reporter
Supreme Court saves Ugandan couple from Harare houses seizure
The Supreme Court of Zimbabwe has quashed an unexplained wealth order previously issued against Ugandan nationals Robert Kwesiga and his wife, Sande Hilga Kwesiga, ruling that the prosecutor general f...Published: 03 Aug 2025 at 12:17hrs | 370 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 251 | by Staff reporter
Zimbabwean birth control pills smuggled into South Africa
A growing syndicate involving hospital staff, informal cross-border transporters, and backyard traders is siphoning government-issued birth control pills from Zimbabwe's public health facilities and s...Published: 02 Aug 2025 at 10:15hrs | 138 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 262 | by Staff reporter
Uproar over controversial NSSA boss appointment
The government has ignited a fresh storm at the National Social Security Authority (Nssa) after bypassing two top-performing candidates for the position of general manager (GM) and appointing a lower-...Published: 01 Aug 2025 at 08:37hrs | 898 | by Staff reporter
Zimbabwe's rebasing pushes GDP to US$45,7bn
The government's recent rebasing of Zimbabwe's economy has lifted its gross domestic product (GDP) valuation to US$45,7 billion and gross national income (GNI) per capita above US$3 000 - even as ...Published: 01 Aug 2025 at 08:27hrs | 277 | by Staff reporter
Highlanders Board: Guardians or Grave-diggers of a proud legacy?
Highlanders Football Club, Bosso, as it is affectionately known, is more than a sports team. It is a symbol of heritage, pride, and resilience for its supporters and the broader community. Yet, today,...Published: 01 Aug 2025 at 07:19hrs | 238 | by Silent Echo
Mthuli Ncube declares surplus despite only 35% of budget spent
Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Bu...Published: 31 Jul 2025 at 15:46hrs | 266 | by Staff reporter
Mnangagwa demands accountability
President Emmerson Mnangagwa has directed government departments and programme coordinators to produce detailed, province-by-province reports on the impact of the Presidential empowerment funds disbur...Published: 31 Jul 2025 at 13:56hrs | 292 | by Staff reporter
Zimbabwe inflation surges to 95.8%
Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...Published: 31 Jul 2025 at 12:58hrs | 331 | by Staff reporter
Guti's widow reveals why she rejected luxury car and US$250,000
Eunor Guti, a senior leader in the Zimbabwe Assemblies of God Africa (ZAOGA) Forward in Faith Ministries and widow of the late Archbishop Ezekiel Guti, has revealed that she rejected a generous gift o...Published: 31 Jul 2025 at 08:16hrs | 813 | by Staff reporter
Biti demands judicial inquiry into Trabablas Interchange project
Former Finance Minister Tendai Biti has called for a forensic audit and the establishment of a judicial commission of inquiry into the staggering US$114 million cost of the newly commissioned Trababla...Published: 30 Jul 2025 at 18:18hrs | 615 | by Staff reporter
'White Zimbabweans are returning'
Many Zimbabweans who left the country at the peak of economic and political turmoil, and settled in numerous countries, including South Africa, are now investing back home, while others are retu...Published: 30 Jul 2025 at 10:12hrs | 2926 | by Staff reporter
Zimbabwe govt chefs scramble to save cement project
Senior government officials have stepped in to rescue a multi-million-dollar Chinese-run cement plant in Magunje, Mashonaland West, as mounting community resistance and environmental concerns threaten...Published: 30 Jul 2025 at 09:38hrs | 256 | by Staff reporter
What we experience in Zimbabwe is no longer load shedding - It's an energy crisis
Downplaying the gravity of a crisis may offer short-term comfort, but in the long run, it only deepens the problem.In Zimbabwe today, the term "load shedding" has become a household phrase - r...Published: 29 Jul 2025 at 20:58hrs | 486 | by Tendai Ruben Mbofana
Constantine Chiwenga: get lost!
Mrs. Merry Chiwenga is a victim of Zanu PF dirty politics. The young woman was used to the point of becoming mad. She is accused of trying to murder Chiwenga: question is, who gave Merry orders to tem...Published: 29 Jul 2025 at 20:47hrs | 2019 | by Nomazulu Thata
Zimbabwe govt risks losing millions in undelivered goods
The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid fo...Published: 29 Jul 2025 at 09:04hrs | 655 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 416 | by Staff reporter
Zimbabwe's July inflation shows mixed trends
The latest inflation figures released by the Zimbabwe National Statistics Agency (ZIMSTAT) for July 2025 show a modest rise in prices for goods and services measured in both the United States Dollar (...Published: 28 Jul 2025 at 18:58hrs | 161 | by Staff reporter
'Better Schools Program Zimbabwe, a huge scam'
A damning audit has revealed that the Better Schools Program Zimbabwe (BSPZ) Fund in Masvingo Province is operating illegally, lacking a registered constitution and failing to secure mandatory approva...Published: 26 Jul 2025 at 15:12hrs | 298 | by Staff reporter
Armed robbers hit 3 Sai Mart Shops in Bulawayo
In a brazen and coordinated operation, a gang of armed robbers hit three Sai Mart retail outlets in Bulawayo on Saturday morning, escaping with over US$4,000 in cash. The suspects were reportedly movi...Published: 26 Jul 2025 at 15:11hrs | 510 | by Staff reporter
Govt swindled out of thousands for Gokwe Uhuru gig?
The government is reportedly losing thousands of dollars due to inflated accommodation bills and fraudulent tender awards involving unregistered suppliers colluding with some officials, according to s...Published: 26 Jul 2025 at 11:20hrs | 119 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 788 | by Staff reporter
If Regimond Tagwirei became President, he will not steal much!
Stealing revenues in national coffers will continue if Ambassador Christopher Mutsvangwa became president. It is not the same if Regimond Tagwirei: In Zambia looting became a thing of the past when Ha...Published: 25 Jul 2025 at 16:07hrs | 539 | by Nomazulu Thata
Load More Stories