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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 | 86 | 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 | 1415 | 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 | 748 | 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 | 354 | 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 | 168 | 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 | 239 | 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 | 854 | 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 | 1795 | 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 | 1427 | 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 | 1701 | 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 | 108 | 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 | 778 | 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 | 5661 | 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 | 188 | 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 | 821 | 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 | 1337 | 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 | 6853 | 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 | 69 | 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 | 954 | 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 | 610 | 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 | 621 | 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 | 4338 | 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 | 175 | by Staff reporter
Zimbabwe injects US$64m into foreign currency market
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market in response to a growing demand for hard currency, ensuring that all bona fide foreign currency applicati...Published: 20 Sep 2024 at 07:49hrs | 240 | by Staff reporter
Mnangagwa's govt in a fix as ZiG is rejected
The Zimbabwean government's efforts to promote the use of the Zimbabwe Gold (ZWG) currency have hit a major hurdle, as wheat farmers have refused to accept payment in local currency for their deliveri...Published: 18 Sep 2024 at 08:30hrs | 5444 | by Staff reporter
Bulawayo housing stands unaffordable for many
The escalating demand for family housing in Bulawayo has driven housing stand prices beyond many people's reach, as the local authority struggles to provide enough land for the growing number of home ...Published: 02 Sep 2024 at 11:22hrs | 533 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4562 | by Staff reporter
MTN reports a monster loss
MTN Group, Africa's biggest wireless carrier by revenue, posted its first loss since 2016 after the devaluation of the Nigerian naira crimped income from one of its key markets.The group repor...Published: 19 Aug 2024 at 07:47hrs | 514 | by Staff reporter
Masisi arrives for SADC Summit
Botswana President Mokgweetsi Eric Keabetswe Masisi has arrived at Robert Gabriel Mugabe International Airport to attend the SADC Summit for Heads of State and Government. He was greeted by Zimbabwe's...Published: 17 Aug 2024 at 12:27hrs | 106 | by Staff reporter
SADC must free itself from foreign funding
Foreign Affairs and International Trade Minister Ambassador Frederick Shava emphasized the need for Southern African Development Community (SADC) member states to reduce their reliance on internationa...Published: 15 Aug 2024 at 07:34hrs | 46 | by Staff reporter
'Reverse passport price hike'
Zimbabweans living in South Africa have launched a petition to urge their government to reverse the recent passport fee hike for citizens residing in the neighboring country. The Zimbabwe Community in...Published: 08 Aug 2024 at 07:54hrs | 762 | by Staff reporter
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1342 | by Staff reporter
Zimbabwe nurses hint at fresh strikes
Zimbabwe's public sector nurses are threatening strike action if their demand for increased salaries is not met. The Zimbabwe Nurses Association (Zina) is pushing for a minimum salary of US$840 per mo...Published: 03 Aug 2024 at 12:55hrs | 188 | by Staff reporter
How much does Twitter pay for 1 million views?
Reaching 1 million Twitter followers sets a milestone for content creators on different social media platforms that run advertising programs. Even after being a giant number, 1 million views don’t m...Published: 29 Jul 2024 at 08:36hrs | 2555 | by Staff reporter
Zimra wins landmark forex tax dispute
In a significant ruling, the Supreme Court has declared that taxpayers cannot avoid paying taxes in foreign currency when their income or sales are in foreign currency. This landmark decision arose fr...Published: 16 Jul 2024 at 13:33hrs | 1539 | by Staff reporter
Govt acts against expired, underweight food products
Government has taken decisive action to address the proliferation of expired and counterfeit food products in Zimbabwe, particularly in tuckshops across central business districts. Health and ...Published: 12 Jul 2024 at 09:13hrs | 14 | by Staff reporter
EcoCash to invest in banking technologies
EcoCash Holdings Zimbabwe Limited (EcoCash) plans to invest in technologies to expand its banking unit, Steward Bank, after transferring its fintech firms to Econet Wireless Zimbabwe. This move was ap...Published: 02 Jul 2024 at 11:16hrs | 7 | by Staff reporter
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 31 | by Staff reporter
Accident victim loses US$234,000 claim against bus operator
Peter Musindo's claim against Mukumba Brothers bus operator, Inter Africa Bus Service, for damages resulting from a road accident has been dismissed by the High Court due to procedural lapses. Musindo...Published: 20 Jun 2024 at 07:28hrs | 3 | by Staff reporter
Man loses fingers at Chinese factory
A man from Harare is pursuing legal action against Chinese tile manufacturer Sunny Yiefeng, seeking compensation following a workplace accident that resulted in the loss of his fingers. Actor Tinashe ...Published: 19 Jun 2024 at 07:35hrs | 2 | by Staff reporter
Zimbabwe govt scraps VAT on gold deliveries
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has abolished the 15 percent Value Added Tax (VAT) on gold deliveries to Fidelity Gold Refiners, as stipulated ...Published: 14 Jun 2024 at 07:05hrs | 187 | by Staff reporter
Zimbabwe govt workers fight US$ NSSA deductions
The Zimbabwe Confederation of Public Sector Trade Unions (ZCPSTU) has petitioned the Public Service Commission (PSC) to halt the anticipated deductions from salaries paid in US dollars. The deductions...Published: 11 Jun 2024 at 06:14hrs | 3 | by Staff reporter
Zimbabwe mulls probe into drop in gold output
The government is considering investigating the small-scale gold mining sector to determine the factors behind the recent decline in deliveries, amid fears of increased smuggling. Gold production from...Published: 02 Jun 2024 at 09:04hrs | 1 | by Staff reporter
Zimbabwe authorities mix charm with force to shore up ZiG
THE introduction of the world's newest currency in April inspired a reggae artist to record a song praising the ZiG, or Zimbabwe Gold.The catchy tune, titled "Zig Mari," received generous play...Published: 27 May 2024 at 09:56hrs | 4 | by Associated Press
Zanu-PF MP to pay only US$50 for child support
A Zanu-PF lawmaker offered US$20 for child support, citing financial strain from heavy investment in his 2023 election campaigns.Tsungai Makumbe, the legislator for Mazowe North, informed Hara...Published: 26 May 2024 at 13:44hrs | 12 | by Staff reporter
Zimbabwe army sued US$30,000 over 2019 shootings
The Zimbabwe National Army (ZNA) has been held accountable for the shooting of a civilian during protests over fuel price hikes in 2019, resulting in a successful lawsuit against the Defence ministry....Published: 22 May 2024 at 10:05hrs | 4 | by Staff reporter
Mnangagwa says Zimbabweans must not be shy to make money
Zimbabweans should not hesitate to make money, as the government has created a conducive environment for economic success, President Emmerson Mnangagwa stated.Speaking at the commissioning of ...Published: 18 May 2024 at 10:59hrs | 15 | by Staff reporter
High food assistance needs imminent, says USAid
Governments, stakeholders and humanitarian partners should brace for sustained high food assistance needs and potential emergency levels of food insecurity in Zimbabwe and other deficit-producing sout...Published: 16 Apr 2024 at 07:56hrs | 1 | by Staff reporter
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
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