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Delta makes new board appointments
Zimbabwe's leading beverages manufacturer, Delta Corporation Limited, has strengthened its board with the appointment of two new non-executive directors - Mr Cherian Kurien and Professor Engineer Quin...Published: 9 hrs ago | 387 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 9 hrs ago | 183 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 535 | by Staff reporter
Biti's US$1 million defamation lawsuit resumes
The high-profile US$1 million defamation lawsuit filed against former Finance Minister and opposition politician Tendai Biti resumed yesterday, with Biti's legal team filing a notice to apply for refe...Published: 28 May 2025 at 10:42hrs | 143 | by Staff reporter
Presidential Guard chief's wife leads Tagwirei campaign
Nyasha Mhonda, wife of Presidential Guard Commander Brigadier General Fidelis Mhonda, emerged as the main co-ordinator of Kudakwashe Tagwirei's land tenure event held in Masvingo on Friday. She was se...Published: 26 May 2025 at 08:18hrs | 239 | by Staff reporter
Lifeline for Harare executives over retirement age extension
The recent Government decision to extend the official retirement age from 65 to 70 years has come as a major reprieve for top executives at Harare City Council who were due to retire this year, includ...Published: 24 May 2025 at 11:04hrs | 505 | by Staff reporter
Busisa Moyo accepts Land Cruiser gift from Chivayo
United Refineries Limited CEO and prominent Zimbabwean business leader Busisa Moyo has accepted a luxury vehicle valued at US$200,000 from businessman Wicknell Chivayo as a token of appreciation for h...Published: 21 May 2025 at 16:20hrs | 1641 | by Staff reporter
AMH employees receive zero earnings after salary cuts and forced leave
Some employees at Alpha Media Holdings (AMH), one of Zimbabwe's leading private media companies, have received zero net earnings in the Zimbabwe Gold (ZiG) component of their salaries for two consecut...Published: 11 May 2025 at 19:47hrs | 844 | by Ndou Paul
Residents slam municipality over luxury vehicle purchases
Residents of Gwanda have voiced strong objections to the Municipality's recent move to procure top-of-the-range vehicles for senior management, describing the decision as a stark example of misplaced ...Published: 11 May 2025 at 12:31hrs | 301 | by Staff reporter
Zimbabwe to host global AI conference
The Institute of Global Leadership and Administration (IGLA), in collaboration with the Artificial Institute Africa, will hold an important conference on artificial intelligence (AI) later this month ...Published: 10 May 2025 at 13:10hrs | 101 | by Staff reporter
Mid-Level managers are Destroying Zimbabwe's Health Sector
Zimbabwe's health sector is in critical condition, unfortunately no amount of propaganda or spin can change the facts on the ground. The problem with our health care system is not because of lack of f...Published: 03 May 2025 at 11:51hrs | 889 | by Hector Madzima
Chivayo stuns ZITF bosses with US$400K Land Cruiser gift
Just as Workers' Day celebrations began to simmer down, flamboyant businessman Wicknell Chivayo sent shockwaves through Zimbabwe's corporate circles with a jaw-dropping gesture that left Zimbabwe Inte...Published: 01 May 2025 at 16:42hrs | 20311 | by Staff reporter
Scottland FC's dream debut turns into a nightmare
What started as a fairytale debut season for Premier Soccer League (PSL) newcomers Scottland FC is rapidly descending into a cautionary tale, with internal turmoil, player unrest, and contract controv...Published: 25 Apr 2025 at 07:33hrs | 432 | by Staff reporter
IMF, World Bank urged to back Zimbabwe economic recovery efforts
Former Mozambican President Dr Joaquim Chissano and African Development Bank (AfDB) President Dr Akinwumi Adesina have called on the International Monetary Fund (IMF) and the World Bank to support Zim...Published: 23 Apr 2025 at 08:29hrs | 136 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
Harare City Council officials continue to pocket hefty salaries
Despite mounting public criticism and repeated promises of reform, senior officials at the Harare City Council continue to earn hefty salaries, raising serious concerns about misplaced priorities and ...Published: 15 Apr 2025 at 08:36hrs | 335 | by Staff reporter
Zimpapers faces US$13 million scandal amid Audit revelations
A shocking internal audit at Zimbabwe Newspapers (1980) Ltd (Zimpapers), the country's largest and oldest media conglomerate, has uncovered a potential US$13 million misappropriation of funds, raising...Published: 14 Apr 2025 at 12:57hrs | 1790 | by Staff reporter
A Step in the Right Direction, but Long Overdue
Zimbabwe's higher education sector has been plagued by a silent but dangerous crisis, the rampant issuance and use of fraudulent qualifications. It is, therefore, commendable that the Zimbabwe C...Published: 23 Mar 2025 at 20:55hrs | 749 | by Jacob Kudzayi Mutisi
Police probe NSSA boss over RTG extortion plot
NSSA chairman, Emmanuel Fundira was on Wednesday questioned by the police in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior employee Paula January.The de...Published: 18 Mar 2025 at 10:45hrs | 636 | by Nathan Guma
NSSA chair implicated in extortion case
National Social Security Authority (NSSA) chairman Emmanuel Fundira was questioned by police on Wednesday in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior emplo...Published: 17 Mar 2025 at 09:37hrs | 456 | by Staff reporter
Ex-Harare Mayor avoided Town House meals over poisoning fears
Former Harare Mayor Ben Manyenyeni deliberately avoided eating at Town House during his tenure, fearing possible poisoning after leading a campaign to slash excessive salaries and perks earned by city...Published: 09 Mar 2025 at 13:10hrs | 98 | by Staff reporter
Supreme Court dismisses Tendai Biti appeal in US$1 million case
The Supreme Court has dismissed lawyer and former Finance Minister Tendai Biti's appeal against a High Court ruling that denied his application for condonation in a US$1 million defamation case filed ...Published: 06 Mar 2025 at 14:18hrs | 186 | by Staff reporter
Tagwirei linked wealth managers in OK shares buying spree
Akribos Wealth Managers, a prominent asset management firm with connections to local businessman Kuda Tagwirei, has made a major splash in the Zimbabwean stock market by purchasing a combined 16,338,2...Published: 03 Mar 2025 at 13:03hrs | 12371 | by Staff reporter
OK Zimbabwe's poor performing executives fired on the spot
Veteran business executive Mr. Willard Zireva has returned as the Chief Executive Officer (CEO) of OK Zimbabwe, one of the country's largest retail chains. Zireva, who previously led the company from ...Published: 26 Feb 2025 at 11:58hrs | 802 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 357 | by NewsHawks
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1666 | by Staff reporter
Zanu-PF faces growing dissent from within
Zanu-PF is facing growing internal turmoil as war veterans, once a loyal constituency, have turned against President Emmerson Mnangagwa's leadership. Under the leadership of respected war veteran Bles...Published: 23 Feb 2025 at 10:01hrs | 1258 | by Staff reporter
Why Transparency International’s flagship Corruption Index falls short
For nearly 20 years, Transparency International has published a Corruption Perceptions Index that ranks countries (176 last year) according to how corrupt they are perceived to be by a small group of ...Published: 22 Feb 2025 at 09:54hrs | 242 | by Alex Cobham
Zimbabwe police summon AMH CEO as journalist faces manhunt
Police have summoned Alpha Media Holdings (AMH) chief executive officer, Kenias Mafukidze, for questioning after plain-clothes officers visited his home on Friday morning. The visit comes amid a polic...Published: 21 Feb 2025 at 13:42hrs | 1002 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1536 | by NewsHawks
Zimpapers appoints Elias Mambo as Acting Editorial Executive
Zimpapers, Zimbabwe's largest media company and a key player in the government's information system, has announced the appointment of Elias Mambo as the acting editorial executive in charge of the new...Published: 17 Feb 2025 at 08:54hrs | 251 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 406 | by Staff reporter
Electricity availability in Zimbabwe is now worse than Rhodesia in the 1940s
The irony of Zimbabwe having worse electricity availability today than Rhodesia in the 1940s is a stark and painful reminder of how far we have regressed as a nation. For Zimbabweans who have ...Published: 06 Jan 2025 at 12:10hrs | 1138 | by Tendai Ruben Mbofana
Machakaire responds to Paradza as factions tear Zanu-PF
Daggers are drawn within Zimbabwe's ruling Zanu-PF party as a power struggle between top leaders of the influential Youth League threatens to deepen divisions.Youth Affairs Minister Tino Macha...Published: 11 Dec 2024 at 13:54hrs | 1484 | by Staff reporter
Trouble in paradise: Zanu-PF Youth League faces internal strife
Tensions have erupted within the ruling Zanu-PF party following allegations of an unconstitutional reshuffle of elected executives within the influential Youth League. Youth Affairs Minister Tino Mach...Published: 11 Dec 2024 at 06:42hrs | 1003 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 302 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 305 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe's errant bankers must be punished
Vocal Harare political activist and business advocate, Engineer Jacob Mutisi, has called for stringent accountability for bankers and financial institutions involved in the mismanagement and fraudulen...Published: 05 Dec 2024 at 09:19hrs | 1414 | by Staff reporter
Zimbabwe's banking sector and no arrests years down the line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 09:07hrs | 617 | by Eng. Jacob Kudzayi Mutisi
Mnangagwa admits his government engulfed by corruption
President Emmerson Mnangagwa has acknowledged the pervasive corruption within his government, issuing a stern warning to officials at all levels of governance, including local authorities, as he commi...Published: 01 Dec 2024 at 12:20hrs | 838 | by Staff reporter
Mnangagwa cracks whip
President Emmerson Mnangagwa has issued a stern warning to local authorities involved in corrupt practices, pledging that no perpetrators will be spared as the Government intensifies its fight against...Published: 27 Nov 2024 at 06:43hrs | 445 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 214 | by Staff reporter
War vets company holds AGM amid squabbles
Zvimba East Veterans Investment Company (Zevic), a company wholly owned by veterans of the liberation struggle, is set to hold its Annual General Meeting (AGM) on December 20, 2024, despite ongoing sh...Published: 21 Nov 2024 at 06:30hrs | 207 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3691 | by Tendai Ruben Mbofana
Fired BancABC managers threaten to wash 'dirty linen' in public
A bitter and escalating dispute between dismissed BancABC managers and the bank's leadership is threatening to destabilize one of Zimbabwe's leading financial institutions. The conflict, which involve...Published: 10 Nov 2024 at 11:04hrs | 1519 | by Staff reporter
Kamambo acquitted of fraud charges
Former Zimbabwe Football Association (ZIFA) executives Felton Kamambo, Philemon Machana, Stanley Chapeta, Joseph Mamutse, and Brighton Malandule have been acquitted of fraud charges following a length...Published: 08 Nov 2024 at 07:12hrs | 374 | by Staff reporter
BancABC uses 'dirty tactics' to silence bosses?
BancABC is engulfed in controversy, facing accusations of fabricating charges against at least nine top managers as part of a strategy to evade paying retrenchment packages, NewZimbabwe.com has learne...Published: 04 Nov 2024 at 06:50hrs | 1364 | by Staff reporter
Ultimate Survivor: The nine lives of Wadyajena
JUST a few months ago, it looked almost certain that factional wars in Zanu PF had buried Justice Mayor Wadyajena. Yet, Mayor's detractors, especially in his turbulent Midlands Province, ...Published: 01 Nov 2024 at 20:02hrs | 929 | by Paul Ndou
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 395 | by Sgtaff reporter
Zanu-PF indaba reinforces party supremacy over Zimbabwe govt
At its recent Annual National People's Conference held in Bulawayo, ZANU-PF resolved to reinforce the principle of party supremacy over government functions, ensuring that party objectives directly in...Published: 29 Oct 2024 at 07:33hrs | 101 | by Staff reporter
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