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Zimbabwean youths struggle for survival
For many young Zimbabweans, the daily grind is no longer about climbing corporate ladders or pursuing dream careers. Instead, it has become a delicate balance between hustling for meager earnings and ...Published: 2 hrs ago | 47 | by Staff reporter
Zimbabwe man stoned to death over US$0.50
A man from Harare's Mufakose suburb was stoned to death on Thursday night in what police are describing as a brutal altercation over a mere US$0.50.Mike Sallimon, 33, was attacked by Bison Man...Published: 15 Feb 2025 at 08:06hrs | 713 | by Staff reporter
Concerns over RBZ's reduction of forex retention for horticulture exporters
The Horticultural Development Council (HDC) has expressed concerns about the Reserve Bank of Zimbabwe's (RBZ) recent decision to lower the foreign currency retention threshold for exporters from 75% t...Published: 10 Feb 2025 at 09:41hrs | 228 | 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 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
Zimra upgrades PAYE Management System
The Zimbabwe Revenue Authority (Zimra) officially launched its new Employee Management Module on Monday, as part of its ongoing efforts to improve tax collection efficiency through the Tax and Revenue...Published: 05 Feb 2025 at 11:52hrs | 128 | by Staff reporter
ZIMRA Introduces PAYE Employee Management Module
Harare, Zimbabwe - The Zimbabwe Revenue Authority (ZIMRA) has announced the launch of an Employee Management Module, under its popular TaRMS platform set ...Published: 03 Feb 2025 at 18:44hrs | 7873 | by Agencies
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
Zimbabwe's tobacco export earnings reach US$1.3 billion in 2024
Zimbabwe's tobacco export earnings reached US$1.3 billion in 2024, a notable increase from US$1.23 billion in 2023, marking the second consecutive year that earnings have surpassed the US$1 billion ma...Published: 16 Jan 2025 at 07:12hrs | 192 | by Staff reporter
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
Vapostori Judicial Council thwarts media claims on Chivhayo donation misfortunes
The National Judicial Council of Vapostori (NJCV) has dismissed and describes as malicious defamation of character launched by an online publication that is meant to distort philanthropic work by Wick...Published: 04 Jan 2025 at 19:11hrs | 1026 | by Gideon Madzikatidze/Simbarashe Sithole
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
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
Mthuli Ncube's 2025 Budget to increase cost of doing business
Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already chall...Published: 20 Dec 2024 at 11:12hrs | 580 | by Staff reporter
Zesa explains national blackouts
Zimbabwe’s power utility, Zesa, has attributed the two major blackouts on Monday night and yesterday afternoon to an imbalance in the international connectors, which affected both the national grids...Published: 19 Dec 2024 at 17:01hrs | 1689 | by Staff reporter
Zimbabweans will always suffer as long as we rely on politicians for change
Over the past two and a half decades, the country has faced unprecedented economic challenges, from record-breaking hyperinflation and extreme poverty to massive deindustrialization and soaring unempl...Published: 19 Dec 2024 at 12:41hrs | 222 | by Tendai Ruben Mbofana
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 2003 | by Tendai Ruben Mbofana
Chiwenga urges diamond value-addition to boost Zimbabwe exports
Vice-President Constantino Chiwenga has stressed the importance of value addition in Zimbabwe's diamond industry as a means to maximise export earnings and enhance the sector's contribution to the nat...Published: 13 Dec 2024 at 09:40hrs | 120 | by Staff reporter
Zimbabwe eyes record gold deliveries
The Government is poised to meet and potentially surpass its annual gold delivery target of 35 tonnes, with 32 tonnes already delivered to Fidelity Printers by the end of November, Mines and Mining De...Published: 10 Dec 2024 at 06:38hrs | 614 | by Staff reporter
Zimplats advances Zimbabwe's value-addition drive
Zimplats, one of Zimbabwe's leading platinum group metals producers, is making significant progress toward enhancing value addition and beneficiation in the mining sector through the construction of a...Published: 09 Dec 2024 at 06:58hrs | 2199 | by Staff reporter
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 649 | by Staff reporter
Mutodi sued for US$1,500 in child maintenance
Energy Mutodi, the Zanu-PF legislator for Bikita West, has been served with a child maintenance lawsuit by his ex-wife, Polite Dhiyo, who alleges that Mutodi has failed to contribute financially to th...Published: 06 Dec 2024 at 13:08hrs | 369 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 93 | by Staff reporter
Zimbabwe's blueberry sector eyes 30,000-tonne target by 2030
Zimbabwean horticultural farmers are aiming to produce 30,000 metric tonnes of blueberries annually by 2030, a goal that underscores the rapid growth of the sector. However, this ambitious target is b...Published: 27 Nov 2024 at 12:44hrs | 371 | by Staff reporter
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
Teenage Hadebe rakes in big earnings at FC Cincinnati
Zimbabwe international soccer player Teenage Hadebe is undoubtedly making waves both on and off the field, with his Major League Soccer (MLS) contract at FC Cincinnati showing impressive figures that ...Published: 23 Nov 2024 at 12:43hrs | 1283 | by Staff reporter
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 99 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 1464 | 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
RBZ rubbishes Chamisa lawyer's claims on ZiG
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that the Zimbabwe Gold (ZiG) currency remains the country's legal tender, dismissing speculation that it had expired following the lapse of Statutory ...Published: 29 Oct 2024 at 07:25hrs | 355 | by Staff reporter
New Zealand's groundbreaking move toward regulating online casinos
The New Zealand government has taken a significant step toward regulating its online casino industry, marking a pivotal moment in the country's gambling landscape. As the popularity of online gambling...Published: 28 Oct 2024 at 13:03hrs | 185 | by Staff Reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 244 | by Staff reporter
The real story behind Britain's withdrawal from Zimbabwe's land reform: Exposing corruption and mismanagement
AS SOUTHERN Africa approaches another 'SADC Anti-Sanctions Day,' the Zimbabwean government is once again amplifying the narrative that economic sanctions, particularly from Western countries like the ...Published: 23 Oct 2024 at 20:37hrs | 857 | by Tendai Ruben Mbofana
US investment in Zimbabwe's mining stall, Chinese investment booming
Zimbabwe's mining sector, despite being rich in natural resources, is facing challenges in attracting substantial investment from U.S. companies. Experts attribute this to policy inconsistency and cur...Published: 22 Oct 2024 at 17:16hrs | 1804 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1434 | by Staff reporter
George Guvamatanga rules out Zimbabwe exchange-rate convergence
Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at ...Published: 18 Oct 2024 at 08:53hrs | 1704 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 112 | by Staff reporter
Zimbabwean Mine Workers Demand Cost of Living Adjustments Amid Economic Crisis
Harare, Zimbabwe - The National Employment Council for the mining industry has received a petition calling for immediate cost of living adjustments to mine workers' salaries. The plea comes in respons...Published: 16 Oct 2024 at 17:03hrs | 826 | by Stephen Jakes
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5666 | by Staff reporter
BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 196 | by Staff reporter
Bosso made more profit through fan boycott?
In a surprising twist, there were 400 more people at the Highlanders Clubhouse than at Barbourfields Stadium during Highlanders' 2-0 win against ZPC Kariba on Sunday. Only 1,314 people paid to watch t...Published: 09 Oct 2024 at 07:41hrs | 827 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1365 | by Staff reporter
Zimbabwe teachers demand US$1,200 salary
As the global community observes World Teachers Day, teachers in Zimbabwe are intensifying their calls for a salary increment that would raise their monthly earnings to at least US$1,200. Currently, e...Published: 04 Oct 2024 at 08:51hrs | 6873 | by Staff reporter
Empty coffers hamper Barbourfields Stadium upgrade
Bulawayo Ward 2 Councillor Adrian Redani Moyo has highlighted the financial constraints facing the Bulawayo City Council, which have significantly delayed the upgrading of Barbourfields Stadium. ...Published: 04 Oct 2024 at 08:43hrs | 71 | by Staff reporter
CCC MPs demand Mnangagwa action as ZiG devalues
Opposition Members of Parliament (MPs) have expressed frustration over the continued devaluation of Zimbabwe's local currency, the Zimbabwe Gold (ZWG), urging the government to address the nation's lo...Published: 03 Oct 2024 at 16:25hrs | 957 | by Staff reporter
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 613 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 624 | by Staff reporter
Bulawayo leads other provinces in Zimbabwe on the export market
Zimbabwe's second-largest city, is leading the country in export volumes, but there is a growing need for more export incentives to help the city unlock its full potential, according to industry exper...Published: 20 Sep 2024 at 11:54hrs | 4348 | by Staff reporter
Mnangagwa's govt paying lip service to ZWG
In a critical assessment of Zimbabwe Gold (ZWG), industry experts predict that the future post-mortem will reveal the government's own policies as the primary culprit behind the currency's struggles. ...Published: 20 Sep 2024 at 08:02hrs | 460 | by Staff reporter
Zimbabwean boxer relocates to Zambia
Champion boxer-turned-promoter, Charles Manyuchi, has relocated his boxing academy and promotion business to Zambia, citing prohibitive fees in Zimbabwe that make it nearly impossible for promoters to...Published: 20 Sep 2024 at 07:52hrs | 181 | by Staff reporter
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