Search / Financ
Tshabangu seeks full control amid CCC leadership fight
The Citizens Coalition for Change (CCC) is facing a deepening internal crisis as self-imposed interim secretary-general Sengezo Tshabangu maneuvers to wrest full control of the party from its founding...Published: 3 hrs ago | 310 | by Staff reporter
Bulawayo city fathers urged to fix drainage system before rainy season
Residents of Bulawayo's suburbs have expressed growing concerns over the state of the city's drainage system, urging the Bulawayo City Council to address the issue before the onset of the 2024-2025 ra...Published: 3 hrs ago | 54 | by Staff reporter
NRZ fire likely sparked by discarded cigarette stub
A carelessly discarded lit material, possibly a cigarette stub, may have sparked the massive fire that destroyed 51 decommissioned passenger coaches at the National Railways of Zimbabwe (NRZ) mechanic...Published: 3 hrs ago | 64 | by Staff reporter
Magwegwe High School students injured after classroom ceiling collapse
Several 'A' Level learners at Magwegwe High School in Bulawayo suffered injuries last Friday when a classroom ceiling collapsed during a lesson. The injured students were rushed to Mpilo Central Hospi...Published: 3 hrs ago | 87 | by Staff reporter
ZANU PF MP pesters teenager for sex
Mudzi West lawmaker Knowledge Kaitano was dragged to Kotwa magistrates courts on Wednesday after he allegedly caressed a lower sixth student after paying for her fees.Kaitano pleaded not guilt...Published: 12 hrs ago | 1915 | by Simbarashe Sithole/Gideon Madzikatidze
Marconati gets two-year jail term in Zimbabwe
Marondera businessman Francesco Marconati has been sentenced to two years in prison after being found guilty of fraudulently removing his business partner from the directorship of Eagle Italian Shoes....Published: 16 hrs ago | 475 | by Staff reporter
Dynamos eye windfall
Zimbabwean football giants Dynamos FC are on the brink of a significant financial boost as they close in on a potential US$400,000 windfall if they advance to the group stages of the TotalEnergies Caf...Published: 18 Sep 2024 at 08:34hrs | 709 | 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 | 3247 | by Staff reporter
Dynamos temporarily set base in Francistown
Dynamos Football Club are leaving no stone unturned as they approach a decisive match that could see them secure a place in the CAF Confederation Cup group stages, where they would be guaranteed a min...Published: 18 Sep 2024 at 08:19hrs | 111 | by Staff reporter
200 benefit from OMZ Women's Roundtable
Nearly 200 prominent female executives, entrepreneurs, and representatives from diverse sectors joined the transformative financial inclusion gathering de...Published: 17 Sep 2024 at 21:45hrs | 106 | by Paul Ndou
51 train coaches destroyed by fire in Zimbabwe
A fire that broke out at the National Railways of Zimbabwe (NRZ) mechanical workshop in Bulawayo on Monday afternoon destroyed 51 decommissioned passenger coaches, the parastatal has confirmed. ...Published: 17 Sep 2024 at 19:45hrs | 758 | by Staff reporter
WATCH: Kingdom Blue faces complaints over unpaid dues
Kingdom Blue, a prominent company known for its services in [specific industry], is facing growing discontent among its customers as reports of unpaid dues and unresolved grievances continue to surfac...Published: 17 Sep 2024 at 11:00hrs | 1086 | by Staff reporter
Zimbabwe lacks political will, financing to implement SDGs
Zimbabwe is struggling to make significant progress on the Sustainable Development Goals (SDGs) due to a lack of political will and financial resources, according to a recent statement by the United N...Published: 17 Sep 2024 at 06:44hrs | 203 | by Staff reporter
Gwanda Magistrates' Court requires US$3.84 million funding boost
The completion of the new Gwanda Magistrates' Court Complex, which will house Zimbabwe's sixth High Court, requires a further US$3.84 million to reach completion, according to a senior government offi...Published: 17 Sep 2024 at 06:31hrs | 90 | by Staff reporter
Zulu Lithium operations set for restart
In February this year, Premier announced its intention to raise £2,4 million (about US$3,15 million) to fund the Zulu project, which is situated in Insiza district, Matabeleland South Province....Published: 16 Sep 2024 at 08:43hrs | 346 | by Staff reporter
Harare man up for US$42,000 theft
Morgan Muwodzeri, a 54-year-old resident, appeared before Harare magistrate Patricia Kamwana last week, facing multiple theft charges involving a total of US$42,900. Muwodzeri was released on US$250 b...Published: 16 Sep 2024 at 08:17hrs | 453 | by Staff reporter
Ghost wards attributed to Hwange poor performance
Hwange Local Board (HLB) has been facing significant challenges in service delivery, a situation exacerbated by the existence of 10 "ghost" wards. These wards, whose councillors do not fall under HLB'...Published: 16 Sep 2024 at 08:16hrs | 350 | by Staff reporter
Bulawayo schools to apply for loans
Bulawayo City Council has given the green light to a new policy allowing its schools to seek loans for developmental projects, provided they cover 60% of the project costs themselves. This decision ai...Published: 16 Sep 2024 at 08:14hrs | 231 | by Staff reporter
Funding Shortages leave 'Mthuli' road unmarked
The road in Cowdray Park, constructed by Finance, Economic Development and Investment Promotion Minister Mthuli Ncube ahead of the 2023 elections, remains devoid of essential safety features due to a ...Published: 16 Sep 2024 at 08:14hrs | 481 | by Staff reporter
Zimra Loses over US$600,000 in fake vehicle import rebate fraud
A massive vehicle import fraud scheme has been uncovered, involving more than 400 fake tax rebate letters issued by a former Zimbabwe Revenue Authority (Zimra) employee, Yvonne Tambudzai Musoni. The f...Published: 16 Sep 2024 at 07:44hrs | 646 | by Staff reporter
Pravin Gordhan became factional in the ANC
The monologue in a pastoral comedy by William Shakespeare and the poem, which was recited by Jaques entitled "As you like it" painted a broader picture about life when they stated that "All the world'...Published: 15 Sep 2024 at 13:30hrs | 310 | by Bheki Mngomezulu
Gordhan gave tenders to his cronies, leaves a fractured legacy
ONCE praised as an "incorruptible" crusader in South Africa, Pravin Gordhan has left behind a legacy tarnished by mistakes, poor leadership, and growing corruption claims, giving rise to the question ...Published: 15 Sep 2024 at 12:35hrs | 1088 | by Sizwe Dlamini, Thabo Makwakwa, Manyane Manyane
Mnangagwa praises his farming success
President Emmerson Mnangagwa has taken to congratulating himself for what he describes as an agricultural revolution at his Precabe Farm in Sherwood, Kwekwe. In a recent visit to the farm, Mnangagwa b...Published: 15 Sep 2024 at 10:23hrs | 382 | by Staff reporter
Zimbabwe's ballooning US$21 billion debt spirals out of hand
Citizen Coalition for Change (CCC) Mbizo Member of Parliament (MP), Corban Madzivanyika, has raised alarm over Zimbabwe's escalating public debt, which has now surpassed US$21 billion. During a recent...Published: 15 Sep 2024 at 10:06hrs | 1672 | by Staff reporter
Bosso puts 38-seater bus up for sale
Highlanders FC has put up its 38-seater bus for sale, a vehicle acquired in 2014 with the assistance of President Emmerson Mnangagwa. The bus played a significant role in reducing the club's transport...Published: 15 Sep 2024 at 10:00hrs | 287 | by Staff reporter
Pupil spared jail time for fatal stabbing
A 17-year-old former student of Milton High School narrowly avoided a prison sentence after appearing in the Bulawayo High Court last Thursday for fatally stabbing another 17-year-old boy in Magwegwe ...Published: 15 Sep 2024 at 09:57hrs | 264 | by Staff reporter
Winter wheat harvesting begins in Zimbabwe
Farmers across the country have begun harvesting early-planted winter wheat, with others preparing to start soon, aiming for a smooth and timely harvest of the valuable crop. To support this effort, t...Published: 15 Sep 2024 at 09:56hrs | 75 | by Staff reporter
NPA claims to be on top of the game
The National Prosecuting Authority of Zimbabwe (NPAZ) has announced significant progress in its efforts to combat crime, having already surpassed last year's trial and conviction records at the Harare...Published: 15 Sep 2024 at 09:54hrs | 70 | by Staff reporter
Chiwenga says Zimbabwe's monetary policy is in line with SADC integration
Zimbabwe's advancements in the gold sector, including the adoption of a floating exchange rate framework, align closely with the Southern African Development Community's (SADC) goal of achieving regio...Published: 14 Sep 2024 at 16:13hrs | 892 | by Staff reporter
Mnangagwa sings praise after praise during China trip
President Emmerson Mnangagwa has showered 'unparalleled' praise on China and its President, Xi Jinping, following his recent State visit and participation in the China-Africa Summit in Beijing. In a 2...Published: 14 Sep 2024 at 12:32hrs | 427 | by Staff reporter
Pros, cons of registration of political parties
FOR many years, there have been calls for political parties in Zimbabwe to be registered, and the calls have become louder after divisions in the opposition Citizens Coalition for Change (CCC) party r...Published: 14 Sep 2024 at 12:20hrs | 64 | by Veritas
SA Rand ignores Pravin Gordhan death
The South African rand has shown steady performance in the wake of the passing of former Finance Minister Pravin Gordhan, a key figure in the country's economic landscape. Gordhan, who served multiple...Published: 13 Sep 2024 at 16:21hrs | 1271 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2689 | by Nkosi Moyo
ZiG exchange premium skyrockets
Leading research firms have raised alarm this week over the ballooning exchange premium for the Zimbabwe Gold (ZiG) currency, with parallels being drawn to the collapse of the Zimbabwe dollar. The rap...Published: 13 Sep 2024 at 16:03hrs | 7488 | by Staff reporter
'Mnangagwa succession open for debate'
A fierce debate has surfaced within Zimbabwe's ruling party, Zanu-PF, over a proposal to extend President Emmerson Mnangagwa's term beyond 2028, as revealed by party spokesperson Christopher Mutsvangw...Published: 13 Sep 2024 at 16:02hrs | 1354 | by Staff reporter
'Pravin Gordhan was the embodiment of greed, corruption, and elitism'
The Economic Freedom Fighters (EFF) have issued a scathing statement in response to the death of former Minister of Public Enterprises, Pravin Gordhan, making it clear they feel no sorrow over his pas...Published: 13 Sep 2024 at 15:49hrs | 401 | by Staff reporter
EFF responds to Pravin Gordhan's death
The Economic Freedom Fighters (EFF) have released a statement acknowledging the death of former Minister of Public Enterprises, Pravin Gordhan, without any expression of sorrow. The party harshly crit...Published: 13 Sep 2024 at 13:57hrs | 902 | by Staff reporter
Chiwenga backs ZiG
Zimbabwe's monetary policy framework, coupled with the introduction of a stable currency, the Zimbabwe Gold (ZiG), has fostered transactional simplicity, certainty and predictability in the country's ...Published: 13 Sep 2024 at 13:10hrs | 2075 | by Staff reporter
Mnangagwa's govt blows unbudgeted US$16m
The government incurred significant unbudgeted expenditures earlier this year by providing twin-cab vehicles to chiefs, a move that has placed their parent ministry in a financial deficit, Finance Min...Published: 13 Sep 2024 at 08:12hrs | 1897 | by Staff reporter
Zimbabwe reveals plans to increase number of nursing graduates
The Zimbabwean government has announced an ambitious plan to more than double the number of nursing graduates by 2030 in response to the ongoing brain drain impacting health services.Since 201...Published: 13 Sep 2024 at 08:07hrs | 299 | by Staff reporter
Bulawayo man reports lawyer to Law Society of Zimbabwe
A Bulawayo resident has lodged a formal complaint alleging severe misconduct and unethical behavior within the legal system, specifically targeting a local lawyer accused of disrupting legal proceedin...Published: 13 Sep 2024 at 08:03hrs | 504 | by Staff reporter
Zimbabwe economic saboteurs go after Finance ministry?
Despite the significant strides made by Zimbabwe's Second Republic in reviving the economy and spearheading widespread infrastructural development, detractors continue to work hard to discredit these ...Published: 13 Sep 2024 at 08:01hrs | 633 | by Staff reporter
Pravin Gordhan kicks the proverbial bucket
Pravin Gordhan served as a minister during the state capture years. But he will also be remembered for being among those who pushed back against its architects.Gordhan passed away on Friday at...Published: 13 Sep 2024 at 06:34hrs | 1011 | by Staff reporter
Pravin Gordhan is still alive?
Pravin Gordhan's family spokesperson has rubbished reports that the former minister has passed away.Responding to queries from IOL, family spokesperson Adrian Lackay, said the rumours were not...Published: 12 Sep 2024 at 12:13hrs | 2586 | by Staff reporter
Mthuli Ncube must explain why some ministries exceeded their approved budgets
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube has been urged to explain why some government ministries exceeded their approved budgets before mid-year. In a motion on t...Published: 12 Sep 2024 at 08:01hrs | 447 | by Staff reporter
Molefe exposes Transnet's CEO
The role state capture has played in the current troubles facing Transnet was in dispute in Parliament on Tuesday as the state freight company's former CEO, now MK Party MP, Brian Molefe, challenged t...Published: 12 Sep 2024 at 06:58hrs | 304 | by Staff reporter
Warrant of arrest for Francesco Marconati
A Harare magistrate, Mr. Donald Ndirowei, has issued a warrant of arrest for Marondera businessman Francesco Marconati after he failed to appear in court for sentencing.Marconati was convicted...Published: 11 Sep 2024 at 19:47hrs | 496 | by Staff reporter
South Africa energy poverty to deepen
I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in Septemb...Published: 11 Sep 2024 at 13:45hrs | 204 | by Engineer Matšhela Koko
Starlink rocks Zimbabwe market
The entry of SpaceX's Starlink into the Zimbabwean market is poised to shake up the telecommunications sector, potentially leading to significant changes in service delivery, cost structures, and over...Published: 11 Sep 2024 at 11:59hrs | 2962 | by Staff reporter
Chimombe, Mpofu pay hefty price for talking while eating
Businessmen Mike Chimombe and Moses Mpofu are facing increasing scrutiny and legal challenges, with allegations that their former business partner, Wicknel Chivayo, has orchestrated a scheme to shield...Published: 11 Sep 2024 at 11:55hrs | 3430 | by Staff reporter
Load More Stories