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Fidelity Gold launches elite enforcement unit
Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...Published: 01 Jul 2025 at 12:23hrs | 286 | by Staff reporter
IMF wants Zimbabwe's gold-backed ZiG to become sole currency
The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...Published: 11 Jun 2025 at 09:05hrs | 1157 | by Staff reporter
Zimbabwe begins paying long-delayed Civil Registry allowances
The government has finally started disbursing long-overdue allowances to civil servants who participated in the Civil Registry Department's voter registration mop-up exercise ahead of the 2023 general...Published: 06 Jun 2025 at 09:40hrs | 155 | by Staff reporter
Treasury delists defaulting suppliers, bans pre-payment of services due to non-delivery
The Ministry of Finance and Economic Development has blacklisted a number of suppliers who failed to deliver goods and services after receiving advance payments from the government, Permanent Secretar...Published: 30 May 2025 at 08:50hrs | 57 | by Staff reporter
Guvamatanga denies snubbing Parliament
Permanent Secretary in the Ministry of Finance and Economic Development George Guvamatanga has refuted claims that he is avoiding appearing before Parliament's Public Accounts Committee (PAC) to expla...Published: 13 May 2025 at 19:39hrs | 1076 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 107 | by Staff reporter
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 37 | by Staff reporter
Mohadi demands restoration of Mpilo radiotherapy machines
Mpilo Central Hospital in Bulawayo is in urgent need of close to R1 million to purchase a new Uninterrupted Power Supply (UPS) system that will ensure continuous radiation sessions for cancer patients...Published: 12 Apr 2025 at 12:54hrs | 93 | by Staff reporter
Chivayo 'kickbacks' probed in South Africa
Financial watchdogs in South Africa and Zimbabwe are investigating Johannesburg-based printing firm Ren-Form for possible money laundering linked to a high-profile election procurement scandal involvi...Published: 12 Apr 2025 at 09:08hrs | 379 | by Staff reporter
Sewer crisis at Zanu-PF MP's house
The urban residence of Zanu-PF Member of Parliament for Zaka South, Clemence Chiduwa, has become a symbol of deteriorating infrastructure as raw sewage continues to flood his Hillside property uncheck...Published: 15 Feb 2025 at 18:01hrs | 1195 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 195 | by Staff reporter
Bulawayo City Council revives shop repossession policy
The Bulawayo City Council (BCC) has reignited a 17-year-old resolution mandating the repossession of council-leased shops whose tenants have exceeded a 10-year tenure. Originally passed on December 5,...Published: 11 Dec 2024 at 06:36hrs | 323 | by Staff reporter
Underfunding sinks Zimbabwe school projects
Government-funded school projects are progressing at a snail's pace, with many targets missed due to insufficient funding from Treasury, according to a Parliamentary Portfolio Committee report. The re...Published: 19 Nov 2024 at 08:50hrs | 74 | by Staff reporter
Zimbabwe cuts some spending items as ZiG drop hits budget
Zimbabwe's currency devaluation is forcing the government to cut spending on certain budget items.The country's Treasury asked government departments to prioritize their spending commitments f...Published: 18 Nov 2024 at 15:08hrs | 157 | 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 | 1708 | by Staff reporter
Gwayi-Tshangani Lake: A timeline of missed deadlines and delays
The Gwayi-Shangani dam was first mooted in 1912 by the colonial Rhodesia government. Its construction is part of the National Matabeleland Zambezi Water Project. It is projected to solve the Bulawayo ...Published: 17 Oct 2024 at 12:38hrs | 984 | by Staff reporter
Khupe engages Mthuli Ncube to boost cancer treatment in Zimbabwe
Former Deputy Prime Minister and cancer advocate, Dr. Thokozani Khupe, has revealed that she has successfully engaged the Minister of Finance and Economic Development, Professor Mthuli Ncube, on alloc...Published: 08 Oct 2024 at 18:45hrs | 333 | by Staff reporter
Guvamatanga faces censure over outburst
The Public Accounts Committee (PAC) plans to summon Finance and Economic Development Ministry Permanent Secretary George Guvamatanga to Parliament over his criticism of the recent auditor general's re...Published: 04 Aug 2024 at 14:10hrs | 1523 | by Staff reporter
Zanu-PF shadow MP to host health expo in Magwegwe
Menziwa Dube, the shadow MP for ZANU-PF Magwegwe-Lobengula Constituency, will host a health expo on Saturday at Mabhodoko Business Centre in New Magwegwe, Bulawayo. ...Published: 03 Aug 2024 at 12:29hrs | 75 | by Staff reporter
Mthuli Ncube makes top 100 most reputable Africans list again
Finance and Economic Development Minister Professor Mthuli Ncube has been included on the 2024 list of the 100 most reputable Africans.This is the second time that Prof Ncube has been included...Published: 01 Aug 2024 at 15:46hrs | 650 | by Staff reporter
Mnangagwa's govt happy with mismatch in deployment of ECD teachers
The article below was published by the government controlled Chronicle 2 years ago but Shona supremacists are today firing Ministers for implementing the same policy....Published: 02 Jul 2024 at 09:35hrs | 10 | by Staff reporter
Gwayi-Shangani dam put on hold, Ziminya dam enters the fray
The construction of Ziminya Dam in Nkayi District, set to become Matabeleland North's second-largest water body after Lake Gwayi-Shangani, is making significant progress. The excavation work f...Published: 18 Jun 2024 at 06:54hrs | 85 | by Staff reporter
Stability of Zimbabwe's currency prompts scrapping of stock market rule
The stability of Zimbabwe's new currency, the ZiG, has prompted authorities to scrap a rule in place since 2022 that requires investors on its main bourse to hold onto stocks for a period of 180 days ...Published: 14 Jun 2024 at 15:19hrs | 2 | by Staff reporter
Zimbabwe's public service workers to pay pension in foreign currency
The Treasury has announced that all public service workers earning in foreign currency must now make their pension contributions in the same currency, starting this year, as per the directive from the...Published: 03 Jun 2024 at 09:31hrs | 52 | by Staff reporter
'Green Bombers' join ZiG campaign
As the Reserve Bank of Zimbabwe grapples with making the new currency work by using several measures including a crackdown on illegal money changers, government's quasi-military wing, the National You...Published: 25 May 2024 at 13:00hrs | 3 | by Staff reporter
Zimbabwe bans importation of 10-year-old used vehicles
GOVERNMENT has outlawed the importation of vehicles older than 10 years.Statutory Instrument (SI) 54 of 2024 Control of Goods (Import and Export) (Commerce) (Amendment) Regulations, 2024 (No 1...Published: 30 Mar 2024 at 13:41hrs | 3 | by Staff reporter
Zimbabwean airports shut over bomb scare
ZIMBABWEAN airports were yesterday forced to shut down following a "possible bomb threat" at Victoria Falls International Airport, which resulted in President Emmerson Mnangagwa cancelling his trip to...Published: 02 Mar 2024 at 07:49hrs | 3 | by Staff reporter
World Bank VP visits Zimbabwe
WORLD Bank (WB) vice-president for Eastern and Southern Africa Victoria Kwakwa will arrive for a four-day visit to Zimbabwe today, as the global lender develops a new country engagement framework that...Published: 29 Feb 2024 at 05:01hrs | | by Staff reporter
Zimbabwe rural teachers declare poverty, strike
RURAL teachers have downed their tools after officially declaring incapacitation to the government as a new wave of price increases is pushing the cost of living to astronomical levels.In an i...Published: 12 Feb 2024 at 13:53hrs | 2 | by Staff reporter
Mbudzi interchange fund looted
Several directors at the Ministry of Transport have been quizzed by anti-graft investigators after whistle blowers leaked explosive details linking them to the pillage of a fund meant to compensate ow...Published: 14 Jan 2024 at 20:50hrs | 22 | by Staff reporter
Mthuli Ncube's Cowdray Park projects in limbo after Zanu-PF bags seat
After witnessing a flurry of rare development projects in the run-up to the August elections, residents of Bulawayo's sprawling high-density suburb of Cowdray Park are now facing the reality of the re...Published: 01 Jan 2024 at 08:02hrs | 21 | by Staff reporter
Zanu-PF MP advocates three-tier passport fee system
Gutu South legislator Togarepi Pupurai has proposed a three-tier system for passport fees in Zimbabwe to cater to different social classes.His proposal includes providing passports for free to...Published: 15 Dec 2023 at 14:21hrs | 9 | by Staff reporter
Zimbabwe industry players call for Budget taxes review
Organisations in industry and commerce want Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube to review some of the tax proposals he made in the 2024 Budget saying...Published: 12 Dec 2023 at 05:51hrs | 14 | by Staff reporter
NRZ passenger train service to be revived
PLANS are underway to capacitate the National Railways of Zimbabwe (NRZ) that will result in the revival of abandoned passenger services to ease the pressure on the country's major highways, Vice- Pre...Published: 06 Dec 2023 at 05:05hrs | 16 | by Staff reporter
Elections cost Zimbabwean taxpayers US$188 million
THE Zimbabwe Electoral Commission (Zec) received ZW$860 billion (US$188 266 199) to conduct the 23 August general elections, a figure which is likely to balloon in the forthcoming parliamentary and lo...Published: 27 Nov 2023 at 15:43hrs | 13 | by Staff reporter
Terrence Mukupe jailed 3 years for diesel smuggling
Former Deputy Minister of Finance and Economic Development Terrence Mukupe and three accomplices have been jailed effective three years each following conviction for importing more than 138 000 litres...Published: 16 Nov 2023 at 17:51hrs | 11 | by Staff reporter
Mnangagwa removes ZIDA Act from Finance Ministry to his office
President Emmerson Mnangagwa has shifted the oversight of the Zimbabwe Investment Development Agency (ZIDA) Act from the Ministry of Finance, Economic Development, and Investment Promotion to his own ...Published: 12 Nov 2023 at 14:19hrs | 16 | by Staff reporter
Mnangagwa clips Mthuli Ncube's wings
PRESIDENT Emmerson Mnangagwa has clipped Finance minister Mthuli Ncube's wings by removing the Zimbabwe Investment Development Agency (ZIDA) Act from his ministry.This comes amid fears t...Published: 11 Nov 2023 at 15:55hrs | 11 | by Staff reporter
Smuggler Mukupe to remain in custody pending sentence
THE High Court yesterday postponed the sentencing of former Deputy Minister of Finance and Economic Development Terrence Mukupe and three accomplices until November 16 following their conviction for i...Published: 10 Nov 2023 at 06:40hrs | 12 | by Staff reporter
Former Zimbabwe deputy minister convicted of smuggling fuel
FORMER Deputy Finance Minister Terrence Mukupe has been convicted of smuggling 138 979 litres of fuel.Mukupe, also a former legislator was convicted together with Same Kapisoriso, Ngonidzashe ...Published: 09 Nov 2023 at 06:00hrs | 24 | by Staff reporter
Prof Mthuli throws in the towel
After being given another chance to snatch the parliamentary seat of Cowdray Park in the forthcoming by-elections, the Minister of Finance and Economic Development, Prof Mthuli Ncube has chickened out...Published: 03 Nov 2023 at 15:49hrs | 10 | by Desmond Nleya
BCC to establish pharmacies at its six clinics
The Bulawayo City Council has announced its intentions to introduce pharmacies at six of its clinics, aligning with the government's efforts to offer affordable medication. Furthermore, plans are in m...Published: 01 Nov 2023 at 05:43hrs | 19 | by Staff reporter
Zimbabwe college lecturers threaten strike over low pay
The College Lecturers Association of Zimbabwe (COLAZ) has officially informed its employer, the Tertiary Education Service Council (TESC), that their members cannot report to work due to a drastic red...Published: 21 Oct 2023 at 21:00hrs | 3 | by Staff reporter
Masvingo celebrates Chiduwa's fall from grace
While many people often celebrate the success of their kinsmen and feel sad when bad things happen, the story is different for the Zaka South legislator Clemence Chiduwa whom people in Zaka and ...Published: 14 Oct 2023 at 21:35hrs | 1 | by Staff reporter
Will the new ‘ZiG' ‘gold backed' digital currency alleviate Zimbabwe's currency stability woes?
THE chronic problem of Zimbabwe's economy has its roots in the land reform activities that began more than 30 years ago.The principle of ‘ethnic balance' in land ownership was fair. The prob...Published: 08 Oct 2023 at 08:02hrs | 2 | by John Mc Keown
Zanu-PF bigwigs' spouses appointed to council positions via women's quota
In a surprising and controversial turn of events, some influential members of the Zanu-PF party in Masvingo province have been accused of securing council positions for their wives under the women's q...Published: 11 Sep 2023 at 21:13hrs | 44 | by Staff reporter
Zimbabwe govt maintains tight monetary, fiscal measures
GOVERNMENT yesterday said it would continue with the tight fiscal and monetary policy measures that include increasing the retention on domestic foreign currency sales to 100%, among others.Ac...Published: 08 Sep 2023 at 06:31hrs | 1 | by Staff reporter
Zimbabwe targeting Zimdollar return in 5 years
Zimbabwe will continue to put in place measures to entrench the use of the domestic currency because having its own currency forms the basis for sustainable economic growth and development, President ...Published: 06 Sep 2023 at 19:09hrs | 2 | by Staff reporter
Soldiers voted against Mnangagwa?
PRESIDENT-ELECT Emmerson Mnangagwa lost at a polling station set up for soldiers from Pondoroza Barracks in Redcliff, Midlands province, during last week's elections, in a development that has laid ba...Published: 04 Sep 2023 at 21:13hrs | 2 | by Staff reporter
Chamisa badly missed veterans
WITH the national election done and dusted, it has become apparent that there are several Members of the National Assembly from the ninth parliament that will not be joining the new faces at the new p...Published: 03 Sep 2023 at 07:55hrs | 16 | by Staff reporter
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