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Rampant fraud on fuel in transit worries Mthuli Ncube
Finance Minister Mthuli Ncube has proposed a temporary import duty on fuel in transit to other countries to address ongoing issues with transit fraud. In his mid-term budget statement to parli...Published: 9 hrs ago | 647 | by Staff reporter
Zimbabwe foreign currency remittances hit US$1,2 billion
FOREIGN currency remittances surged by 16,5% to hit a record US$1,2 billion in the first half of 2024 leaving diasporans standing out as lucrative foreign currency earners for the economy.The ...Published: 18 hrs ago | 352 | by Staff reporter
Mthuli Ncube backs down on taxes
The Zimbabwean government has removed value-added tax (VAT) from selected meat products, reduced presumptive taxes for informal traders, and mandated that all government service fees be paid in local ...Published: 18 hrs ago | 1221 | by Staff reporter
Zimbabwe govt scraps VAT on livestock sales
The Ministry of Finance, Economic Development, and Investment Promotion has proposed VAT exemptions on live animals to boost meat demand and support formal trade in the livestock sector. Last ...Published: 18 hrs ago | 259 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 18 hrs ago | 368 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 18 hrs ago | 288 | by Staff reporter
Finance Ministry blacklists 51 govt suppliers
The Treasury has blacklisted 51 government contractors for engaging in black market activities after receiving payments in local currency. Treasury boss Mthuli Ncube state...Published: 25 Jul 2024 at 12:48hrs | 783 | by Staff reporter
Ruvheneko Parirenyatwa gets ZBC board seat
President Mnangagwa has approved the appointment of four new board members to the Zimbabwe Broadcasting Corporation (ZBC). The new appointees are Thandolwenkosi Nkomo, president of the Zimbabwe Instit...Published: 25 Jul 2024 at 07:41hrs | 486 | by Staff reporter
Mnangagwa orders reopening of White City bomb probe
President Emmerson Mnangagwa has ordered a consolidated investigation into criminal incidents targeting his family, including re-opening the stalled investigation into a grenade attack that almost kil...Published: 24 Jul 2024 at 11:28hrs | 3086 | by Staff reporter
Treasury criticizes AG
Finance Secretary George Guvamatanga has criticized the Auditor General's (AG) report on undelivered motor vehicles, calling it "misdirected" and claiming that the issues it raised were already known ...Published: 23 Jul 2024 at 07:22hrs | 342 | by Staff reporter
ZiG tames inflation in Zimbabwe
Reserve Bank of Zimbabwe Governor Dr. John Mushayavanhu informed a Parliamentary committee that the new ZiG currency, introduced in April's Monetary Policy Statement, has stabilized the exchange rate ...Published: 23 Jul 2024 at 07:14hrs | 958 | by Staff reporter
Zimbabwe banks on notice over excessive fees
Banks need to reduce excessive charges to improve financial inclusion, according to Finance, Economic Development, and Investment Promotion Deputy Minister David Mnangagwa. Speaking at the 202...Published: 22 Jul 2024 at 07:48hrs | 662 | by Staff reporter
Mnangagwa's second republic of corruption and controversy
PRESIDENT Emmerson Mnangagwa's second republic, which he proclaimed when he came into office in November 2017 following a coup that ended long-time ruler Robert Mugabe's nearly four-decade rule, has b...Published: 21 Jul 2024 at 20:59hrs | 908 | by Gary Gerald Mtombeni
Chivayo, Zec corruption scandal spreads to SA
A JOHANNESBURG printing firm and its agent are being investigated by Zimbabwe's anti-corruption authority for price gouging on election-related material and equipment.Zimbabwe is no stranger t...Published: 20 Jul 2024 at 14:48hrs | 1938 | by Staff reporter
Khupe reveals new cancer fight
Former Deputy Prime Minister, Thokozani Khupe has implored parliament to exercise its influence on government to channel more resources towards cancer treatment and awareness programmes as she went de...Published: 20 Jul 2024 at 14:43hrs | 908 | by Staff reporter
Harare faces water treatment chemicals shortage
Harare is at risk of a water crisis due to a shortage of treatment chemicals, stemming from unresolved payments to suppliers. The city council owes Chemplex Corporation approximately US$3 million for ...Published: 20 Jul 2024 at 11:56hrs | 28 | by Staff reporter
Mnangagwa reshuffles Harare Commission of Inquiry
President Mnangagwa has reshuffled the Commission of Inquiry into the governance of Harare City Council, appointing city lawyer Mr. Tafadzwa Charles Hungwe to replace Mr. Norbert Phiri as Commissioner...Published: 20 Jul 2024 at 11:44hrs | 127 | by Staff reporter
MPs fail to pay Harare parking fees
Several lawmakers in Harare's central business district (CBD) have had their vehicles clamped due to the failure to display valid parking discs. In response, City Parking managing director Simon Muzvi...Published: 19 Jul 2024 at 06:18hrs | 479 | by Staff reporter
Zimbabwe has the highest literacy rate in Africa, what stuff and Nonsense!
Even if he (Mnangagwa) were to die, Cabinet meetings would still be held at his grave at National Heroes Acre: the nation was told this today 17.07.2024. Such visceral statements are uttered unchallen...Published: 18 Jul 2024 at 14:56hrs | 713 | by Nomazulu Thata
Zimbabwe's currency will remain fully backed by gold reserves
Zimbabwe's government will stick to what it promised when it launched a new currency in April by ensuring it remains fully backed by reserves, the central bank governor told Reuters on Wednesday, addi...Published: 18 Jul 2024 at 09:20hrs | 736 | by Staff reporter
Zimbabwe diaspora remittances up 17%
In the first quarter of the year, diaspora remittances to Zimbabwe surged by 17%, reaching US$490 million compared to US$420 million during the same period in 2023. This increase in remittances is see...Published: 18 Jul 2024 at 06:41hrs | 159 | by Staff reporter
Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 17 Jul 2024 at 09:09hrs | 1707 | by Staff reporter
Mpilo Hospital faces surge in child deaths
Child mortality statistics at Mpilo Central Hospital in Bulawayo increased between January and March before decreasing in April this year, despite reassurances from the Ministry of Health and Child Ca...Published: 17 Jul 2024 at 06:57hrs | 371 | by Staff reporter
Zimbabwe govt bolsters oversight of devolution funds
The Zimbabwean government has intensified its oversight of devolution fund usage by metropolitan councils and local authorities to address widespread financial mismanagement. The newly launched Zimbab...Published: 15 Jul 2024 at 16:41hrs | 144 | by Staff reporter
Tsholotsho school unveils new bus
Tsholotsho High School, located in Matabeleland North and known as the "school of choice," has commissioned a new 72-seater bus to boost student morale during sports and educational tours. The bus was...Published: 15 Jul 2024 at 16:40hrs | 1043 | by Staff reporter
ED2030 campaign in full steam
ZANU-PF youths from President Emmerson Mnangagwa's Midlands province are pushing a campaign for him to rule beyond 2028, despite Mnangagwa's public statements that he will retire when his term ends. O...Published: 15 Jul 2024 at 16:39hrs | 380 | by Staff reporter
The mirage of mystery break-ins at high places in ZImbabwe
SINCE his rise to power in Zimbabwe, President Emmerson Mnangagwa has been the target of several mysterious attacks by unknown assailants.Despite police investigations, the perpetrators of the...Published: 15 Jul 2024 at 16:35hrs | 244 | by Gary Gerald Mtombeni
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 53 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 45 | by Staff writer
Zimbabwe economy on the upswing, rating agency says
ICRA Rating, a UAE-based credit rating agency, has lauded Zimbabwe's economy for demonstrating impressive resilience and growth. The agency attributes this positive outlook to recent government initia...Published: 12 Jul 2024 at 09:15hrs | 28 | by Staff reporter
Kenya's William Ruto dismisses all ministers
Kenyan President William Ruto on Thursday dismissed all of his Cabinet ministers and promised to form a new government that will be lean and efficient following weeks of protests over high taxes and p...Published: 11 Jul 2024 at 14:38hrs | 10 | by Associated Press
Zimbabwe launches corruption bait manual for cartels
In its quest to lure cartels into spreading their looting operation spree on devolution resources (funds), the Zimbabwean government on Wednesday launched an intergovernmental fiscal transfers system ...Published: 11 Jul 2024 at 14:29hrs | 23 | by Gideon Madzikatidze/Simbarashe Sithole
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 59 | by Nick Mangwana
Lower growth forecast for Zimbabwe as drought ravages crops
Zimbabwe has adjusted its economic growth forecast downward for 2024 due to severe drought conditions caused by the El NiƱo weather phenomenon, impacting crop yields across the country. Finan...Published: 11 Jul 2024 at 08:04hrs | 8 | by Staff reporter
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 | 8 | by Staff reporter
Shots fired after thieves target Mnangagwa's private residence
Shots were fired after thieves broke into President Emmerson Mnangagwa's private residence in the exclusive Hellensville neighbourhood in Harare on July 6.It is the third break-in targeting th...Published: 10 Jul 2024 at 08:09hrs | 27 | by Staff reporter
Break-in at Mnangagwa nephew's office
Unknown individuals broke into Tourism and Hospitality Industry deputy minister Tongai Mafidi Mnangagwa's office at the Zimbabwe Tourism Authority (ZTA) building in Harare, accessing the premises thro...Published: 10 Jul 2024 at 07:57hrs | 14 | by Staff reporter
Kaizer Chiefs wanted Prince Dube
Prince Dube, former Highlanders striker, recently joined Young Africans (Yanga) of Tanzania after a dispute over his contract with Azam FC. Reports indicate that Dube was also on the radar of South Af...Published: 09 Jul 2024 at 05:53hrs | 10 | by Staff reporter
Vehicle scandal rocks Harare Town House
Harare City Council (HCC) is embroiled in a scandal involving the purchase of luxury vehicles worth over half a million dollars. According to NewsDay sources, 10 Grade Four officials acquired ...Published: 08 Jul 2024 at 11:05hrs | 3 | by Staff reporter
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 15 | by Nomazulu Thata
VAT for agricultural inputs remains suspended in Zimbabwe
The Treasury has reaffirmed its decision to maintain the suspension of a 15 percent Value Added Tax (VAT) on agricultural inputs, implements, and produce. This initiative is part of a broader strategy...Published: 06 Jul 2024 at 15:56hrs | 17 | by Staff reporter
President Ruto apologises for 'arrogant' Kenyan MPs
Kenya's President William Ruto on Friday apologized for the "arrogance and show of opulence" by legislators and ministers from the ruling party and promised action against "rogue" police officers who ...Published: 06 Jul 2024 at 12:06hrs | 2 | by Staff reporter
Zimbabwe gets US$31.8 million drought insurance cover
Zimbabwe has received US$31,8 million from the African Risk Capacity, an arm of the African Union, to help mitigate the effects of the devastating El Nino induced drought.Receiving the insuran...Published: 06 Jul 2024 at 12:04hrs | 3 | by Staff reporter
Zimbabwe's civil servants long for GNU days
ZIMBABWE Prison and Correctional Service (ZPCS) officer Mbekezeli Dube* sits hunched over his desk in his discoloured uniform.The once-vibrant green shade is now a pale shadow of its former se...Published: 06 Jul 2024 at 11:48hrs | 7 | by Staff reporter
'Zimbabwe in food crisis by month end'
Zimbabwe has received approximately US$32 million in drought relief aid, with US$31.8 million coming from the African Risk Capacity (ARC) 2023/24 Drought Insurance Payout. ...Published: 05 Jul 2024 at 11:30hrs | 1 | by Staff reporter
Gweru City Council undertakes debtors cleansing exercise
The Gweru City Council is conducting a debtors cleansing exercise to verify the status of its debtors, including companies that have ceased operations but are still listed as owing money. This effort ...Published: 05 Jul 2024 at 11:02hrs | | by Staff reporter
Suspended Tsholotsho executives re-instated
Mr. Nkululeko Sibanda, CEO of Tsholotsho Rural District Council, and Dr. Bryton Malandule, finance executive, have returned to their positions after being suspended in December due to abuse of office ...Published: 05 Jul 2024 at 11:00hrs | 2 | by Staff reporter
Headmaster launches witch-hunt
Musengezi High School head George Rambanepasi and bursar Sharon Kapende are embroiled in controversy over alleged financial mismanagement, particularly concerning a US$12,000 repair scandal involving ...Published: 04 Jul 2024 at 10:29hrs | 3 | by Staff reporter
Forged vehicle rebate letter shatters cop's dreams
A policewoman's attempt to benefit from the civil servant rebate scheme for importing a car was thwarted after a Zimbabwe Revenue Authority (Zimra) sting operation uncovered fraud involving forged doc...Published: 04 Jul 2024 at 10:27hrs | | by Staff reporter
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 4 | by Nomazulu Thata
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