Search / Financial
Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 17 hrs ago | 223 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Why Transparency International’s flagship Corruption Index falls short
For nearly 20 years, Transparency International has published a Corruption Perceptions Index that ranks countries (176 last year) according to how corrupt they are perceived to be by a small group of ...Published: 18 hrs ago | 170 | by Alex Cobham
Ramaphosa going out of his way to piss off Donald Trump
President Cyril Ramaphosa has extended an invitation to Ukrainian President Volodymyr Zelenskiy for a state visit to South Africa, with hopes that the visit will take place soon, his office confirmed ...Published: 21 Feb 2025 at 16:01hrs | 1586 | by Staff reporter
EcoCash Holdings to rebrand
EcoCash Holdings Limited has announced plans to rebrand following a corporate restructuring that has left Steward Bank as its only remaining unit. This follows the takeover of the company by businessm...Published: 21 Feb 2025 at 11:12hrs | 492 | by Staff reporter
Zimbabwe mobile operators fail to implement data roll-over
The Government has criticized mobile network operators for failing to implement data roll-over, a feature that allows consumers to carry over unused data balances beyond their expiration period....Published: 20 Feb 2025 at 18:29hrs | 354 | by Staff reporter
Zanu-PF tightens social media control amid internal dissent
The HeraldMobile operators fail to implement data roll-overThe Government has criticized mobile network operators for failing to implement data roll-over, a feature that allows consume...Published: 20 Feb 2025 at 18:28hrs | 94 | by Staff reporter
Khaya Cement to de-list on ZSE
KHAYA cement is set to de-list on the Zimbabwe Stock Exchange (ZSE) as part of the resuscitation strategy amid indications that the major shareholder, Fossil Mines, will sale its shares at a loss as s...Published: 19 Feb 2025 at 20:21hrs | 369 | by Staff Reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 483 | by Marilyn Mutize
How Trump's Paris Climate Agreement withdrawal impacts Zimbabwe and the path forward
THE decision by U.S. President Donald Trump to withdraw the United States from the Paris Climate Agreement this year has once again sent shockwaves across the global community.While the move w...Published: 18 Feb 2025 at 20:16hrs | 837 | by Tendai Ruben Mbofana
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1331 | by NewsHawks
Businessman loses US$8,000 to bogus VID officer
A businessman in Zhombe has been defrauded of US$8,000 by a fake Vehicle Inspection Department (VID) officer who falsely claimed to be in charge of disposing vehicles forfeited to the State.Mi...Published: 18 Feb 2025 at 14:26hrs | 1117 | by Staff reporter
Mnangagwa denies links to Chivayo's lavish spending
President Emmerson Mnangagwa has dismissed claims that controversial businessman Wicknell Chivayo is splurging money, donating luxury cars, and showering individuals with expensive gifts for political...Published: 18 Feb 2025 at 14:05hrs | 1659 | by Staff reporter
Chiwenga's wife drops fraud charges
The State on Monday withdrew criminal charges against Harare couple Annavestah Mudiwa (39) and her husband, Gray Mudiwa, who were accused of defrauding Vice President Constantino Chiwenga's wife, Mini...Published: 18 Feb 2025 at 03:45hrs | 4473 | by Staff reporter
Woman jumps to death
In a heart-wrenching incident of gender-based violence, 33-year-old Siphiwe Ndlovu from Burombo Flats in Bulawayo has died after allegedly being assaulted by her husband before she jumped from a third...Published: 18 Feb 2025 at 03:38hrs | 3605 | by Staff reporter
OK Zimbabwe begins restocking after weeks of empty shelves
Troubled retailer OK Zimbabwe has announced that it has started restocking its outlets following weeks of empty shelves and temporary closures due to macroeconomic challenges, particularly exchange ra...Published: 17 Feb 2025 at 12:37hrs | 1666 | by Staff reporter
Jailed Buyanga in critical condition
Lawyers representing incarcerated businessman Frank Buyanga Sadiqi have raised concerns over the impact of his continued detention on his health. Reports from South Africa indicate that Buyanga has fa...Published: 17 Feb 2025 at 09:03hrs | 964 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
Mnangagwa, Hichilema come face to face
President Emmerson Mnangagwa and his Zambian counterpart Hakainde Hichilema had an uneasy public interaction in Addis Ababa, Ethiopia, yesterday, as their strained diplomatic relations played out duri...Published: 16 Feb 2025 at 16:47hrs | 3805 | by Staff reporter
Zimbabwe responds to U.S. aid withdrawal
The government has stopped short of telling the United States of America to go hang following the termination of financial aid to African countries.Zimbabwe is among the African nations affect...Published: 16 Feb 2025 at 07:50hrs | 3454 | by Staff reporter
Bank manager grilled in Gono fraud case
The trial of a Harare couple accused of fraudulently altering the directorship of Valley Lodges, a property linked to former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono, continued on Friday, w...Published: 16 Feb 2025 at 07:47hrs | 833 | by Staff reporter
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 394 | by Staff reporter
The Unholy Pursuit of Power: A Rebuttal to the Proposal for Extending President Mnangagwa's Term
An article by Tinotenda recently espoused the notion that the proposal for extending President Mnangagwa's term is centered around ensuring continuity and stability in Zimbabwe's economic recovery and...Published: 15 Feb 2025 at 22:45hrs | 425 | by Etiwel Mutero
Zimbabwean CFO denied bail over fraudulent SA permanent residence permit
A Zimbabwean national accused of using a fraudulent South African permanent residence permit when applying for employment has been denied bail. Kudakwashe Mpofu, 33, the Chief Financial ...Published: 15 Feb 2025 at 18:36hrs | 3051 | by Staff reporter
Zanu-PF succession battle: why you must be concerned
SHOULD the current succession debate in Zanu-PF be a concern for the church and the rest of the population, even those not affiliated to the ruling or opposition parties?The issue of successio...Published: 15 Feb 2025 at 08:07hrs | 2246 | by Rev Kenneth Mtata
Changes at Steward Bank as Nyambirai makes a comeback
EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai's recent acquisition of a controlling stake in the company.The development comes after a major restr...Published: 15 Feb 2025 at 07:59hrs | 1644 | by Staff reporter
Students barred from teachers' quarters
Learners have been prohibited from visiting teachers' quarters without a valid reason, while no pupil will be barred from attending school due to non-payment of fees, lack of a birth certificate, preg...Published: 15 Feb 2025 at 07:47hrs | 398 | by Staff reporter
Geza accusing Nyabadza of deceit, trial stalls
Former Agricultural and Rural Development Authority (Arda) boss Basil Nyabadza delayed the start of his trial on Thursday, where he is accused of defrauding Zanu-PF central committee member and outspo...Published: 14 Feb 2025 at 11:54hrs | 2453 | by Staff reporter
Can money buy Mnangagwa a third term?
Zimbabwe's political arena has always been fraught with power struggles and factional battles, but the current succession war between President Emmerson Mnangagwa and Vice President Constantino Chiwen...Published: 14 Feb 2025 at 11:37hrs | 384 | by Staff reporter
Zimbabwean migrant workers exploited in UK
Zimbabwean migrant workers in the United Kingdom are among the most exploited groups in the country's care industry, according to a new report by the UK trade union UNISON. The survey, titled Caring a...Published: 14 Feb 2025 at 06:09hrs | 923 | by Staff reporter
Bosso omitted ex-coach debt in its financials
Highlanders chairman Kenneth Mhlophe has revealed that the club did not include its debt to former coach Baltemar Brito in its financial statements at the annual general meeting on January 26. This om...Published: 13 Feb 2025 at 16:30hrs | 452 | by Staff reporter
Zimbabwe govt announces subsidized 2025 ZIMSEC exam fees
The Government of Zimbabwe has revealed the 2025 Zimbabwe School Examinations Council (ZIMSEC) examination fees for both Ordinary Level (O-Level) and Advanced Level (A-Level) candidates, with signific...Published: 13 Feb 2025 at 14:02hrs | 1348 | 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 | 184 | by Staff reporter
Dry taps for Harare
Harare residents in the northwestern parts of the city and the Central Business District (CBD) are enduring water shortages following a major pipe burst at the Warren Control water distribution centre...Published: 13 Feb 2025 at 12:24hrs | 329 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 402 | by Staff reporter
Biti slams title deed plan, calls it a reversal of land reform
Former Finance Minister and legal expert Tendai Biti has criticized the government's plan to issue title deeds to farm owners, calling it a legal and policy blunder that undermines Zimbabwe's land ref...Published: 13 Feb 2025 at 06:32hrs | 511 | by Staff reporter
Geza defrauded
The trial of former Agricultural and Rural Development Authority (ARDA) board chairperson Basil Nyabadza, accused of defrauding Zanu-PF central committee member and outspoken war veteran Blessed Runes...Published: 13 Feb 2025 at 06:30hrs | 1715 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Losers withdraw appeal against Zifa's Magwizi
Former Premier Soccer League chairperson Twine Phiri and ex-ZIFA financial director Phillemon Machana have withdrawn their appeal at the Court of Arbitration for Sport (CAS), effectively clearing the ...Published: 12 Feb 2025 at 20:03hrs | 539 | by Staff reporter
Sir Wicknell Chivayo clears Highlanders' US$27,000 debt
Prominent businessman Wicknell Chivayo has delivered on his promise to settle Highlanders Football Club's US$27,000 debt owed to former head coach Baltemar Brito and his assistant Antonio Joao Torres....Published: 12 Feb 2025 at 16:43hrs | 2015 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 390 | by Staff reporter
Zimbabwe begins compensation of BIPPA protected ex-white farmers
Finance and Investment Promotion Minister Mthuli Ncube has announced the commencement of compensation payments to farmers under a US$20 million facility allocated in the 2024 National Budget. The paym...Published: 12 Feb 2025 at 06:41hrs | 773 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6407 | by Staff reporter
Illegal cluster houses mushroom in Harare
Harare is witnessing the rapid rise of cluster houses across the city, despite the municipality's failure to allocate land for their development, highlighting the growing influence of land barons in t...Published: 11 Feb 2025 at 08:04hrs | 2245 | by Staff reporter
Jabulani Sibanda warns of re-colonisation amid war veterans' disunity
Outspoken Zanu-PF Bulawayo provincial chairperson Jabulani Sibanda has cautioned that Zimbabwe faces the risk of re-colonisation due to increasing disunity among citizens, particularly within the rank...Published: 11 Feb 2025 at 06:44hrs | 1054 | by Staff reporter
Matopo university to enrol first students in August
The University of Matopo is poised to enrol its inaugural cohort of students in August, operating from three campuses in Matabeleland South. The institution will focus on dryland studies, climate chan...Published: 11 Feb 2025 at 06:42hrs | 632 | by Staff reporter
Geza embroiled in fraud and intimidation scandal
Controversial war veteran, Blessed Geza, finds himself at the center of a fraud, perjury, and corruption scandal after failing to pay US$1,250,000 for a piece of land in Harare. Geza, who is embroiled...Published: 11 Feb 2025 at 06:41hrs | 1769 | by Staff reporter
'Zimbabwe banks have robust cybersecurity systems'
The Reserve Bank of Zimbabwe (RBZ) has prioritized cybersecurity and artificial intelligence (AI) as critical pillars for the financial sector's growth and stability, according to its 2025 Monetary Po...Published: 11 Feb 2025 at 06:38hrs | 130 | by Staff reporter
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1154 | by Tendai Ruben Mbofana
'I can never say abahambe to whites'
South Africa's Sport, arts, and culture minister Gayton McKenzie has received backlash over his recent statement that he can never say "abahambe" (they must go) to white South Africans.This co...Published: 10 Feb 2025 at 19:11hrs | 1711 | by Staff reporter
RBZ intervenes in data pricing discrimination against ZiG
The Reserve Bank of Zimbabwe (RBZ) has moved to address concerns over discriminatory pricing by mobile network operators and internet service providers, particularly regarding their preference for tra...Published: 10 Feb 2025 at 15:28hrs | 1945 | by Staff reporter
Load More Stories