Search / Financ
As long as Mnangagwa doesn't acknowledge his own failings, Zimbabwe will not develop
Excuses, excuses, and more excuses!There is no greater hindrance to meaningful development and transformation in Zimbabwe than a leadership that refuses to take responsibility for its own shor...Published: 9 hrs ago | 319 | by Tendai Ruben Mbofana
Why the Prince Edward School Rugby Festival Must Be Saved
Appeal to all Rugby lovers, The cancellation of the 2025 edition of the Mwana Group (Prince Edwards School) Rugby Festival formerly known as the Cottco Schools Rugby Festival has struck a heav...Published: 9 hrs ago | 169 | by Jacob Kudzayi Mutisi
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 23 hrs ago | 4660 | by Staff reporter
Musindo likens Geza to Judas Iscariot
Reverend Obadiah Musindo, the president of Destiny for Afrika Network, has fiercely condemned Blessed Geza's call for a nationwide shutdown today and tomorrow, labelling him a "political madman" and a...Published: 24 hrs ago | 198 | by Staff reporter
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 24 hrs ago | 417 | by Staff reporter
Mnangagwa's govt sunk US$10m into chaotic Independence day fete
The Zimbabwean government could have sunk up to US$10 million into the Independence Day celebrations held on Friday, which were marred by a series of embarrassing infrastructure failures and poor work...Published: 21 Apr 2025 at 09:08hrs | 995 | by Staff reporter
MPs demand answers on Mnangagwa cash schemes
Lawmakers have called for a ministerial statement from Finance Minister Mthuli Ncube regarding the funding sources and the criteria used for selecting beneficiaries of various presidential support sch...Published: 21 Apr 2025 at 09:07hrs | 2010 | by Staff reporter
Zimbabwe power utility warns over 'bush' electricians
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has issued a stern warning to the public about the dangers of hiring unqualified electricians to carry out electrical work, follo...Published: 21 Apr 2025 at 09:06hrs | 722 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 182 | by Staff reporter
Bulawayo reimagines its future as 65th ZITF opens
As the 65th edition of the Zimbabwe International Trade Fair (ZITF) kicks off in Bulawayo today, the host city is seizing the moment to present itself not merely as an event venue, but as a bold and a...Published: 21 Apr 2025 at 08:56hrs | 258 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 715 | by Staff reporter
George Guvamatanga gave company 'illegal' bank guarantee on $20 million loan
Treasury secretary George Guvamatanga has been accused of providing an "illegal and unconstitutional" bank guarantee for a US$20 million loan to a seed company linked to command agriculture corruption...Published: 17 Apr 2025 at 20:32hrs | 6522 | by Staff reporter
Zupco in drive to procure 500 buses
ZUPCO is set to kick off the long-awaited procurement of hundreds of new buses within the next three months, marking a significant step forward in efforts to modernise Zimbabwe's public transport syst...Published: 17 Apr 2025 at 13:43hrs | 1074 | by Staff reporter
Farmers' group rejects compensation deal for past land seizures
A group representing many of the white farmers whose land was seized during Zimbabwe's land reforms over two decades ago has rejected a compensation deal and said it wants to reopen negotiations with ...Published: 17 Apr 2025 at 09:50hrs | 1136 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 10326 | by Staff reporter
Zimbabwe extends duty-free import window for bus operators
The Government has extended the duty-free bus import facility to April 30, 2025, in a move aimed at further revitalising Zimbabwe's public transport system and ensuring affordable, reliable services f...Published: 17 Apr 2025 at 07:31hrs | 305 | by Staff reporter
Zimbabwe sets ambitious electrification and clean cooking targets
The Zimbabwean government has announced a bold plan to electrify over three million households and achieve 70% clean cooking access by 2030. This ambitious target was unveiled following today's Cabine...Published: 16 Apr 2025 at 23:32hrs | 257 | by Staff reporter
Police crush UZ lecturers' demonstration
Police once again displayed heavy-handed tactics on Wednesday morning, arresting leaders of a demonstration by University of Zimbabwe (UZ) lecturers who were demanding a salary review. The arrested le...Published: 16 Apr 2025 at 23:27hrs | 512 | by Staff reporter
Zimbabwe manufacturing sector faces challenges
Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...Published: 16 Apr 2025 at 23:23hrs | 85 | by Staff reporter
Zimbabwe to get share of US$300m Afreximbank dividend
The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...Published: 16 Apr 2025 at 23:22hrs | 135 | by Staff reporter
New policy to cut Zimbabwe's energy intensity
The Government of Zimbabwe has launched the National Energy Efficiency Policy, a new initiative aimed at reducing the country's energy intensity to meet global standards. The policy, introduced last w...Published: 16 Apr 2025 at 23:21hrs | 97 | by Staff reporter
Man arrested for attempted fraud of over ZiG1 Million
Henry Chishanga (39), a man from Chitungwiza, has appeared in court facing allegations of attempting to defraud an insurance company of over ZiG1 million by presenting fake proof of payment for insuri...Published: 16 Apr 2025 at 23:20hrs | 184 | by Staff reporter
Former Harare Mayor, Ex-Town Clerk arrested on corruption charges
Former Harare Mayor Bernard Manyenyeni and ex-acting town clerk Josephine Ncube have been arrested on charges of criminal abuse of duty, the Zimbabwe Anti-Corruption Commission (ZACC) confirmed last n...Published: 16 Apr 2025 at 23:20hrs | 119 | by Staff reporter
'Bulawayo-Vic Falls Road upgrading to take 10 months'
Transport and Infrastructural Development Minister Felix Mhona has confirmed that the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road will resume next month and is expected to be compl...Published: 16 Apr 2025 at 23:19hrs | 4327 | by Staff reporter
Busisa Moyo inducted into Zimbabwe business hall of fame
Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...Published: 16 Apr 2025 at 23:16hrs | 188 | by Staff reporter
Bulawayo council officer vanishes after church booking fraud exposed
A Bulawayo City Council clerical officer has reportedly gone absent without official leave (AWOL) after being implicated in a church booking scam that cost the council over US$2,000 in losses....Published: 16 Apr 2025 at 22:55hrs | 809 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1180 | by Staff reporter
JOC blocks ZANU-PF ex-MP, Tongaat Hullets' farmers eviction ploy
Members of the Joint Operation Command (JOC) in Masvingo withdrew and crippled an attempt by former ZANU-PF Chiredzi West legislator and central committee member, Farai Dumo Musikavanhu who in conniva...Published: 16 Apr 2025 at 10:37hrs | 2072 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Rampant corruption, nepotism hit Catholic school...headmistress embezzle funds
Parents are up in arms with Ekusileni Secondary School headmistress in Filabusi, with some threatening to withdraw and transfer learners from the Catholic-run mixed (boarders and day learners) institu...Published: 16 Apr 2025 at 10:36hrs | 2602 | by Gideon Madzikatidze recently in Filabusi
What triggered the call for the failed 31 March 'uprising' in Zimbabwe?
The old-age wisdom that facts are stubborn came alive last week after social media platforms and sections of the mainstream media went into a frenzy with sensational claims that the Parliament of Zimb...Published: 15 Apr 2025 at 18:22hrs | 2683 | by Jonathan Moyo
WATCH: Ramaphosa's US envoy called Donald Trump a narcissistic right winger
South African President Cyril Ramaphosa on Monday announced former deputy finance minister Mcebisi Jonas as his special envoy to the United States, in an effort to try to rebuild a relationship that h...Published: 15 Apr 2025 at 10:25hrs | 1582 | by Staff reporter
Chief Dakamela appointed continental AKDA director
In a major recognition of grassroots leadership and cultural stewardship, Chief Dakamela of Nkayi District in Matabeleland North Province has been appointed as the Continental Executive Director of th...Published: 15 Apr 2025 at 08:40hrs | 325 | by Staff reporter
ZPP raises alarm over human rights violations
The Zimbabwe Peace Project (ZPP), a prominent human rights watchdog, has reported that more than 1,000 Zimbabweans experienced violations of their fundamental freedoms in the wake of the March 31 prot...Published: 15 Apr 2025 at 08:35hrs | 121 | by Staff reporter
ZCTU slams UZ's suspension of lecturers
The Zimbabwe Congress of Trade Unions (ZCTU) has strongly condemned the University of Zimbabwe (UZ) for suspending five leaders of the Association of University Teachers (AUT), saying the move sets a ...Published: 15 Apr 2025 at 08:34hrs | 300 | by Staff reporter
Ghana orders foreigners to exit gold market by April 30
Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said on Monday, as the West African country looks to streamline gold purchases from small-sc...Published: 15 Apr 2025 at 08:33hrs | 293 | by Staff reporter
Why compensate white farmers, not ZPRA?
Veteran freedom fighter and opposition politician Moses Mzila Ndlovu has strongly criticised the Zimbabwean government's recent payment of compensation to white former commercial farmers, calling it a...Published: 14 Apr 2025 at 19:02hrs | 1581 | by Staff reporter
Zimbabweans plead with Chivayo to assist ailing Rahman Gumbo's widow
A wave of sympathy and support is sweeping across social media platforms in Zimbabwe following news that Virginia Sibanda, the widow of legendary Warriors midfielder and Highlanders FC coach Rahman Gu...Published: 14 Apr 2025 at 14:34hrs | 2819 | by Staff reporter
More land availed to MPs in exchange for loyalty
A new wave of explosive allegations has rocked Zimbabwe's political landscape, with reports surfacing that Members of Parliament (MPs) are being offered vast plots of land and large cash incentives in...Published: 14 Apr 2025 at 14:33hrs | 748 | 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 | 1762 | by Staff reporter
Social unrest warning in South Africa
Critical issues such as the government's overreliance on taxes and the deterioration of basic services threaten social unrest in South Africa. Renowned economist Dawie Roodt warned that the go...Published: 14 Apr 2025 at 12:33hrs | 1293 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3701 | by Staff reporter
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4079 | by Staff reporter
The reality of '9 wasted years' - A decade WMC failed to capture Zuma
For too long, South Africans have been bombarded with a dishonest narrative coined by the very architects of our economic servitude, that the period of President Jacob Zuma's administration represents...Published: 13 Apr 2025 at 14:33hrs | 740 | by Mzwanele Manyi
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10242 | by Staff reporter
The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves
Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque s...Published: 13 Apr 2025 at 11:11hrs | 711 | by Tendai Ruben Mbofana
EU withdraws funding after Zimbabwe signs PVO Bill into law
President Emmerson Mnangagwa's decision to sign the controversial Private Voluntary Organisations (PVO) Amendment Bill into law has sparked widespread condemnation, most notably from the European Unio...Published: 13 Apr 2025 at 09:48hrs | 1706 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 628 | by Staff reporter
Farmers to claim offals, hides, heads, and hooves at Zimbabwe abattoirs
Livestock farmers will soon be able to reclaim the full value of their animals - including offals, hides, heads and hooves - after slaughter, as Government moves to amend Statutory Instrument (SI) 182...Published: 13 Apr 2025 at 09:41hrs | 644 | by Staff reporter
Nust embarks on high impact projects
The National University of Science and Technology (Nust) has announced plans to launch three major high-impact projects as part of its strategy to achieve self-sustainability, fully utilize human reso...Published: 13 Apr 2025 at 09:39hrs | 137 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 164 | by Staff reporter
Load More Stories