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Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 16 hrs ago | 301 | by Staff reporter
The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 493 | by Staff Reporter
Zimbabwe parliament fuel allocations under spotlight
A recent audit report by the Auditor General (AG) has exposed troubling irregularities within Parliament's administration, revealing that senior staff may have been allocating themselves over 1,...Published: 10 Aug 2025 at 10:09hrs | 257 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 459 | by Staff reporter
US$0.597 billion paid by Zimbabwe Treasury unaccounted for
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...Published: 06 Aug 2025 at 21:21hrs | 165 | by Staff reporter
Gwanda Municipality in payroll dilemma
Gwanda Municipality is facing serious questions over its financial management after the Auditor-General's 2024 report revealed significant discrepancies in payroll processing and financial reporting....Published: 31 Jul 2025 at 08:20hrs | 283 | by Staff reporter
Zimbabwe govt risks losing millions in undelivered goods
The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid fo...Published: 29 Jul 2025 at 09:04hrs | 655 | by Staff reporter
Top health council official in court over alleged abuse of funds
A senior official at the Medical and Dental Practitioners Council of Zimbabwe (MDPCZ) is facing serious allegations of criminal abuse of office after reportedly authorising the use of public funds to ...Published: 28 Jul 2025 at 18:53hrs | 193 | by Staff reporter
ZACC confirms Bosso probe over suspected graft
The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into Highlanders Football Club over suspected corruption linked to player transfers and financial mismanagement.Con...Published: 17 Jul 2025 at 20:50hrs | 172 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 446 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | by Staff reporter
Harare council faces scandal over $500m lost on delays
Harare City Council has allegedly lost close to US$500 million since 2019 due to the delayed implementation of a modern Enterprise Resource Planning (ERP) system, amid explosive allegations of corrupt...Published: 07 Jul 2025 at 08:40hrs | 82 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 206 | by Staff reporter
Ministry fails to pay US$180 000 CDU workshop allowances to teachers
Nearly a year after hosting nationwide syllabus review workshops, the Ministry of Primary and Secondary Education (MoPSE) is yet to pay over US$180,000 owed to participants, sparking outrage among edu...Published: 02 Jul 2025 at 12:03hrs | 256 | by Staff reporter
Mnangagwa announces new state lands management policy
President Emmerson Mnangagwa has announced the development of a new State Lands Management Policy aimed at eradicating the growing problem of land barons and lawlessness in land administration....Published: 28 Jun 2025 at 14:51hrs | 148 | by Staff reporter
Council embroiled in US$18k advance salary scandal
Chiredzi Town Council is embroiled in a financial scandal after it emerged that nearly US$18,000 in salary advances given to employees remains unaccounted for, with some beneficiaries having already l...Published: 27 Jun 2025 at 18:24hrs | 159 | by Staff reporter
Bosso acting CEO quits
Highlanders Football Club is on the verge of making a critical leadership decision that could shape its trajectory both on and off the field. The Bulawayo giants are scheduled to interview four candid...Published: 27 Jun 2025 at 09:22hrs | 170 | by Staff reporter
Mnangagwa warns underperforming councils
President Emmerson Mnangagwa has raised alarm over the persistent failure by some local authorities to produce audited financial statements, warning that decisive action is being considered to enforce...Published: 26 Jun 2025 at 17:20hrs | 97 | by Staff reporter
Zimura boss convicted of fraud
The Executive Director of the Zimbabwe Music Rights Association (ZIMURA), Polisile Ncube, has been convicted of fraud following a court appearance in Harare today. She was remanded in custody and is e...Published: 25 Jun 2025 at 17:16hrs | 465 | by Staff reporter
Auditor General flags deep financial mismanagement at CAAZ
The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...Published: 22 Jun 2025 at 09:05hrs | 118 | by Staff reporter
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 116 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 214 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 603 | by Staff reporter
Zimbabwe to revitalise Community Share Ownership Trusts
The Zimbabwean Government has moved to revitalise Community Share Ownership Trusts (CSOTs), a flagship programme under the country's economic empowerment policy, following Cabinet's approval of new op...Published: 04 Jun 2025 at 13:29hrs | 118 | by Staff reporter
Council bleeding funds over unrepaid travel allowances
Chinhoyi Municipality could be losing thousands of dollars amid revelations that councillors are benefiting from advance subsistence allowances for official trips they never undertook - and are not re...Published: 30 May 2025 at 08:54hrs | 120 | by Staff reporter
Councillors get allowances for trips, fail to travel
Two Chinhoyi councillors were allocated allowances to attend business conferences-one in Saudi Arabia and another in Gweru - yet neither made the trips, raising concerns over the use of public funds....Published: 29 May 2025 at 10:27hrs | 234 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 167 | by Staff reporter
Botswana gets $304 million AfDB loan
The African Development Bank (AfDB) has approved a $304 million loan to Botswana as the country grapples with rising fiscal pressures and seeks to implement crucial governance and economic reforms. Th...Published: 16 May 2025 at 17:29hrs | 458 | by Staff reporter
Chamisa slams Mnangagwa's borehole projects
Former Citizens Coalition for Change (CCC) leader Nelson Chamisa has launched a blistering critique of President Emmerson Mnangagwa's Presidential Borehole Scheme, accusing the government of failing t...Published: 01 May 2025 at 12:18hrs | 1005 | 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 | 1009 | 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 | 1941 | by Staff reporter
Zimbabwe community radios in financial distress
Community radio stations in Zimbabwe are grappling with a sustainability crisis due to chronic under-funding, weak financial management, and infrastructural shortcomings, the Parliamentary Committee o...Published: 02 Apr 2025 at 08:55hrs | 64 | by Staff reporter
Nkosinathi Ncube led ZINARA scoops top award for revenue collection
The restructuring of the Zimbabwe National Road Administration (ZINARA) has proven to be a game-changer, as the institution's Board Chairperson and Chief Executive Officer (CEO) won top honors in the ...Published: 27 Mar 2025 at 06:07hrs | 131 | by Staff reporter
Zinara boss scoops top gong
The Zimbabwe National Roads Authority's (Zinara) chief executive officer, Nkosinathi Ncube, has been honored as the 2025 Best Performer among revenue authority CEOs. The prestigious award, presented o...Published: 24 Mar 2025 at 21:33hrs | 1654 | 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
Bosso secure US$300 000 deal
Highlanders Football Club received a much-needed financial boost yesterday when King's Bullion unveiled a renewable US$300,000 sponsorship package for the year, effectively averting a looming crisis....Published: 27 Feb 2025 at 09:12hrs | 429 | by Staff reporter
Zimbabwe police officer embezzles US$623 000
A Zimbabwe Republic Police (ZRP) officer, Isaac Chigidora (28), who oversaw administration and human resources for the ZRP Consolidated Fund, has been charged with embezzling a staggering US$623,462.7...Published: 10 Feb 2025 at 06:36hrs | 763 | by Staff reporter
Harare councillors push for Town Clerk's assistant to be fired
Harare city councillors have reportedly resolved to dismiss Matthew Marara, the executive assistant to the town clerk, amid allegations that he exposed irregularities during testimony before the ongoi...Published: 06 Feb 2025 at 15:52hrs | 193 | by Staff reporter
ILO supports Bulawayo entrepreneurs
The International Labour Organisation (ILO), in collaboration with Dial Honour Consultancy, is set to assist start-up entrepreneurs in Bulawayo with a training workshop aimed at improving financial ma...Published: 29 Jan 2025 at 08:46hrs | 119 | by Staff reporter
Bosso financial woes exposed
Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challe...Published: 27 Jan 2025 at 08:20hrs | 222 | by Staff reporter
Madzvivire Primary School fee dispute reaches Boiling Point
A heated meeting between parents and the administration of Madzvivire Primary School, which enrols over 2300 learners, ended in stalemate today. This follows a previous meeting last week, where no con...Published: 15 Jan 2025 at 11:28hrs | 824 | by Anonymous
Zimbabwe extends retirement age for civil servants
The government has announced an increase in the retirement age for civil servants and members of the uniformed forces by an additional five years, effective 1 January 2025.According to Statuto...Published: 31 Dec 2024 at 13:57hrs | 1219 | by Staff reporter
Why Zimbabwe's push for youth entrepreneurship is misguided
The Zimbabwean government's recurring call for recent college graduates to become entrepreneurs instead of seeking employment is a glaring abdication of responsibility. In a country where mill...Published: 23 Dec 2024 at 00:57hrs | 169 | by Tendai Ruben Mbofana
Willard Katsande Under-18 tournament face criticism over financial mismanagement
The organisers of the Willard Katsande Under-18 Tournament are facing severe backlash after failing to meet their financial obligations during the 2024 edition of the event, raising serious concerns a...Published: 21 Dec 2024 at 08:48hrs | 107 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2182 | by Staff reporter
Secret perks for council bigwigs
Top officials at Harare City Council have been accused of covering up excessive salaries and benefits amid allegations of gross financial irregularities and poor service delivery. The accusations were...Published: 13 Dec 2024 at 06:44hrs | 912 | by Staff reporter
Harare loses millions in potential revenue
The City of Harare is losing millions of United States dollars in potential revenue from unpaid rates, with tuckshop owners and residents among the main defaulters. This was revealed by Acting Revenue...Published: 12 Dec 2024 at 06:56hrs | 323 | by Staff reporter
Chamisa throws councillors under the bus
Former Citizens Coalition for Change (CCC) president Nelson Chamisa yesterday condemned Harare councillors for abandoning their duties once elected, as he appeared before the commission of inquiry inv...Published: 10 Dec 2024 at 07:06hrs | 403 | by Staff reporter
Parliament flags Gweru, Hwange councils' finances
Parliament's Public Accounts Committee (PAC) has raised serious concerns regarding financial management in the Hwange and Gweru municipalities, highlighting significant delays in submitting financial ...Published: 08 Dec 2024 at 10:15hrs | 299 | by Staff reporter
Parly report flags financial abuse at local authorities
A recent report by a Parliamentary Portfolio Committee has raised concern over financial mismanagement at local authorities saying this has undermined accountability at councils.The report, ta...Published: 03 Dec 2024 at 08:57hrs | 109 | by Staff reporter
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