Search / Efficiencies
Experts reveal real causes of retail giants woes
Industry experts have emphasized that Zimbabwe's retail giants, including OK Zimbabwe, are not struggling because of the government's ongoing anti-smuggling crackdown, but due to their over-reliance o...Published: 18 Jan 2025 at 18:33hrs | 2146 | by George Tshuma
Bulawayo's Trenance landfill relocation
The Bulawayo City Council (BCC) has revealed that relocating the Trenance landfill site would require over US$1.8 million. However, city officials argue that such a move may be unnecessary, citing min...Published: 14 Jan 2025 at 14:07hrs | 104 | by Staff reporter
A battery of corruption: ZESA's dubious energy storage deal
The quest for energy solutions in Zimbabwe has often been marred by corruption, incompetence, and misplaced priorities, and the latest developments at ZESA Holdings follow this all-too-familiar script...Published: 12 Jan 2025 at 23:07hrs | 500 | by Tendai Ruben Mbofana
Judiciary calls for expanded sentencing powers for Regional Magistrates
The Judiciary has urged the legislature to promptly amend laws to expand the sentencing powers of regional magistrates, aligning them with the gravity of crimes they adjudicate. This follows concerns ...Published: 29 Dec 2024 at 08:40hrs | 122 | by Staff reporter
NatFoods bemoans limited ZWG acceptability
Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the...Published: 10 Dec 2024 at 07:09hrs | 723 | by Staff reporter
Zimbabwe losing billions in inflated infrastructure project costs
Zimbabwe may be losing billions of dollars in inflated costs for its massive infrastructure projects due to the absence of advanced software for accurate project pricing, according to a local industry...Published: 06 Dec 2024 at 18:11hrs | 1165 | by Staff reporter
Harare City Council loses US$70m per year
The Harare City Council could be losing over US$70 million annually in uncollected revenue due to the absence of a modern Enterprise Resource Planning (ERP) financial system, according to suspended to...Published: 30 Nov 2024 at 12:51hrs | 332 | by Staff reporter
Zimbabwe falters on human rights obligations, says NGO
President Emmerson Mnangagwa's administration continues to underperform in addressing fundamental human rights obligations, according to the latest data from the Human Rights Measurement Initiative (H...Published: 28 Nov 2024 at 16:55hrs | 165 | by Staff reporter
Confusion reigns as Friday ZEP deadline looms
Zimbabwe Exemption Permit (ZEP) holders in South Africa are raising concerns that they will be unable to meet the Friday, November 29 deadline to apply for a further one-year exemption due to signific...Published: 27 Nov 2024 at 07:14hrs | 1710 | by Staff reporter
Chasi prepared to return to end ZESA woes
Former Energy and Power Development Minister, Fortune Chasi, has expressed his readiness to serve Zimbabwe once again as the country grapples with a worsening electricity crisis. The growing calls for...Published: 26 Nov 2024 at 18:13hrs | 775 | by Staff reporter
Vendors oppose city's planned levy
The Harare City Council's proposed 2025 budget has sparked resistance from vendors over the inclusion of new levies for street lighting and emergency services. These charges are aimed at addressing th...Published: 26 Nov 2024 at 08:05hrs | 95 | 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
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 180 | by Staff reporter
Revenue woes cripple Harare
The Harare City Council has collected only 40 percent of its targeted revenue for the first nine months of 2024, severely hampering its ability to deliver essential services. The council raised ZiG2.0...Published: 24 Nov 2024 at 09:57hrs | 163 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3185 | by Staff reporter
Chiwenga ex-wife's permanent stay of prosecution application dismissed
Harare Regional Magistrate Ms. Feresi Chakanyuka has dismissed Marry Mubaiwa's application for a permanent stay of prosecution, attributing trial delays to the defense and ruling that the matter must ...Published: 22 Nov 2024 at 14:58hrs | 350 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1910 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 667 | by Staff reporter
Zimbabweans hail new SA visa regime
Zimbabweans in South Africa have expressed optimism following recent efforts by the South African Department of Home Affairs to expedite visa adjudication and digitise documentation. These changes are...Published: 06 Nov 2024 at 16:56hrs | 83991 | by Staff reporter
'Land policy to identify multiple farm ownership'
The Government of Zimbabwe's newly introduced land tenure policy is set to identify and expose multiple farm ownership and reclaim idle land, which will be redistributed to more than 250,000 people on...Published: 17 Oct 2024 at 08:53hrs | 92 | by Staff reporter
Grid Africa secures R50 million Equity Investment from Rifuwo
Grid Africa has announced a major milestone with the successful acquisition of a R50 million equity investment from Rifuwo Energy Partners. This funding will significantly boost the company's efforts ...Published: 16 Oct 2024 at 15:42hrs | 239 | by Staff reporter
The power crisis farce: Unpacking Mnangagwa's broken promise to Zimbabwe
Zimbabwe's power crisis has been a perennial problem, plaguing the country for decades.In August 2023, President Emmerson Dambudzo Mnangagwa proudly declared that the commissioning of the new ...Published: 08 Oct 2024 at 17:30hrs | 514 | by Tendai Ruben Mbofana
Harare City Council suppliers refuse ZiG payments
The Harare City Council is facing significant challenges in maintaining its operations following the recent devaluation of the Zimbabwean Gold (ZWG) currency, further hampering service delivery in the...Published: 03 Oct 2024 at 16:24hrs | 418 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3366 | by Tendai Ruben Mbofana
Hwange Units 7 and 8 set for scheduled maintenance
The Hwange Power Station's Units 7 and 8 will undergo scheduled maintenance during the upcoming festive season, a period when national power demand is traditionally lower due to the annual industry sh...Published: 29 Sep 2024 at 11:17hrs | 295 | by Staff reporter
An Open Letter to Finance Minister Mthuli Ncube
Dear Finance Minister Mthuli Ncube,As you navigate the complexities of Zimbabwe's economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimba...Published: 27 Sep 2024 at 22:51hrs | 843 | by Engineer Jacob Kudzayi Mutisi
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 374 | by Staff reporter
Zimbabwe wastes 20% of supplied electricity
Zimbabwe is facing significant electricity inefficiencies, with the Zimbabwe Energy Regulatory Authority (ZERA) reporting that up to 20% of supplied electricity is wasted due to obsolete equipmen...Published: 08 Sep 2024 at 10:01hrs | 2950 | by Staff reporter
New 'smart city' project for Bubi
A new "smart city" project is set to be developed in Nkenyane, Ward 14, approximately 20km north of Bulawayo in Bubi, Matabeleland North Province. This initiative aims to modernize the rural district ...Published: 02 Sep 2024 at 11:23hrs | 463 | by Staff reporter
United States offers help to Zimbabwe
The United States has expressed a strong interest in enhancing the investment climate in Zimbabwe to boost economic opportunities. In a recent statement, US Ambassador Pamela Tremont reaf...Published: 20 Aug 2024 at 10:40hrs | 1087 | by Staff reporter
Is your Zimbabwe property safe from property hijackers
This is a follow up article of title deeds fraud which I wrote in January 2022 that went viral. There is now a new fraud trend called Property Hijacking happening in South Africa. Property hijacking i...Published: 19 Aug 2024 at 22:32hrs | 766 | by Jacob Kudzayi Mutisi
Ramaphosa's political authority crumbles under DA and coalition pressure
In South Africa's evolving political arena, the Democratic Alliance (DA) is increasingly challenging the African National Congress (ANC) with newfound vigour, placing President Cyril Ramaphosa's leade...Published: 16 Aug 2024 at 09:06hrs | 1738 | by Michael Andisile Mayalo
Zimbabwe corruption fuelling medicine shortages
Transparency International Zimbabwe (TI-Z) has criticized the government for its failure to tackle corruption within the medicine supply chain, which has led to critical drug shortages and a thri...Published: 03 Aug 2024 at 12:37hrs | 111 | by Staff reporter
NRZ, Beitbridge Bulawayo Railwayink open access deal
The National Railways of Zimbabwe (NRZ) has signed an open access agreement with its subsidiary, Beitbridge Bulawayo Railway (BBR), to enhance rail capacity and expedite deliveries by allowing private...Published: 22 Jul 2024 at 07:47hrs | 461 | by Staff reporter
Cyprus-based miner impressed by Karo project in Zimbabwe
Tharisa Plc, a Cyprus-based miner, has reported significant progress at its Zimbabwean operations with increased output across all facets. The company, integral to the energy transition and decarbonis...Published: 15 Jul 2024 at 08:29hrs | 175 | by Staff reporter
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 199 | by Edson Mapani in Buhera
TX Money Transfer vow to end 'hidden costs' in remittance market
Bard Santner, a prominent financial services firm specializing in asset management, corporate finance, and wealth management, has launched TX Money Transfer, a new remittance platform aimed at revolut...Published: 11 Jul 2024 at 07:30hrs | 13 | by Staff reporter
Chiwenga in soup for diverting Drought Relief food aid
In a troubling development, two Zanu-PF activists, Prosper Chiwenga and Phillimon Mudhombo, have been accused of theft involving maize intended for drought relief in Nyabira, Zimbabwe. Chiwen...Published: 05 Jul 2024 at 11:05hrs | 4 | by Staff reporter
NRZ targets US$100m revenue in 12 months
The National Railways of Zimbabwe (NRZ) aims to generate approximately US$100 million in revenue by 2025 by leveraging its extensive real estate holdings. While cargo transportation remains a key reve...Published: 04 Jul 2024 at 09:02hrs | 11 | 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 | 10 | by Staff reporter
Zimbabwe airports gear up for Starlink in big boost for SpaceX
Zimbabwe's airports are preparing to integrate Elon Musk's Starlink internet service, anticipated to launch in the third quarter, aiming to enhance connectivity amid rising passenger numbers. Tawanda ...Published: 30 Jun 2024 at 18:31hrs | 3 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 82 | by Dr Bekithemba Mpofu
Charting the optimal path for Zimbabwe's development REITs
This discourse delves into three principal governance models: the trustee-fund manager model, the board of directors approach, and the trustee-advisory board model.In the intricate landscape o...Published: 09 Jun 2024 at 09:13hrs | 1 | by Bekithemba Mpofu
Attachment of residents' houses displays CCC's heartless agenda
The decision by the Harare City Council (HCC) to take drastic measures against low-income residents who are struggling to pay their monthly rates by attaching over 50 properties due to non-payment, ha...Published: 04 Jun 2024 at 08:28hrs | 1 | by Tonderai Ndoro
Zimbabwe's ZPC struggles to procure new equipment
Zimbabwe Power Company (ZPC) management highlighted the ongoing challenge of insufficient funds for procuring spare parts and equipment to maintain aging machinery, impacting energy sufficiency. Durin...Published: 30 May 2024 at 08:35hrs | 8 | by Staff reporter
Zinara shells ZiG93,9 million to road authorities
The Zimbabwe National Road Administration (Zinara) has disbursed ZiG 93.9 million to road authorities for critical road infrastructure maintenance and development projects across the country.A...Published: 20 May 2024 at 07:45hrs | 16 | by Staff reporter
Private sector against third party insurance takeover
THE government's decision to take over the running of third-party insurance will crowd out the private sector and result in bureaucratic inefficiencies around claims processing, which will destroy eco...Published: 07 Apr 2024 at 10:21hrs | 2 | by Staff reporter
RBZ scraps bank charges for low-cost accounts
IN a move meant to encourage a culture of banking, the Reserve Bank of Zimbabwe (RBZ) has announced the scrapping of bank charges for low-cost accounts.Presenting his first Monetary Policy Sta...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
Strive Masiyiwa's Cassava partners Google Cloud
BUSINESS tycoon Strive Masiyiwa's Cassava Technologies yesterday partnered global technology leader Google Cloud and artificial intelligence (AI) company Anthropic to deliver advanced cloud and cyber ...Published: 07 Mar 2024 at 05:08hrs | 5 | by Staff reporter
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 13 | by Staff reporter
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