Search / Freezing
Mthuli Ncube squeezes taxpayers
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measure...Published: 29 Nov 2024 at 07:16hrs | 803 | by Staff reporter
War vets company holds AGM amid squabbles
Zvimba East Veterans Investment Company (Zevic), a company wholly owned by veterans of the liberation struggle, is set to hold its Annual General Meeting (AGM) on December 20, 2024, despite ongoing sh...Published: 21 Nov 2024 at 06:30hrs | 190 | by Staff reporter
ZiG sabotage
The introduction of the Zimbabwe Gold currency (ZiG) nearly five months ago has contributed to noticeable stability and low inflation, largely due to the Reserve Bank of Zimbabwe's (RBZ) rigorous meas...Published: 10 Sep 2024 at 08:49hrs | 6493 | by Staff reporter
Man is regretting the day he packed his bags and left for SA
A 45-year-old Bulawayo man is regretting the day he packed his bags and left for neighbouring South Africa in search of what he thought could be life-transforming opportunities.All he carried ...Published: 21 Jul 2024 at 10:29hrs | 1466 | by Staff reporter
Conductive polymers for heated seats in outdoor stadiums
Wouldn’t it be nice to watch an exciting game and remain warm even if it is freezing outside? This concept of heated seats in outdoor stadiums has made this a possibility. Heated seats, just like ...Published: 12 Jul 2024 at 10:57hrs | 107 | by Staff Reporter
Anyone refusing to accept ZiG payments will be arrested
Zanu-PF national political commissar Munyaradzi Machacha announced that anyone, including ruling party members, refusing to accept ZiG payments or using inflated exchange rates will be arrested and pr...Published: 10 Jun 2024 at 08:38hrs | 30 | by Staff reporter
No holy cows in Zimbabwe's forex violations blitz
Zimbabwe's Financial Intelligence Unit (FIU) and the police delivered a firm message yesterday, emphasizing that in the nationwide crackdown on individuals and entities breaching the Exchange Control ...Published: 18 May 2024 at 12:25hrs | 13 | by Staff reporter
FIU sufficiently resourced to fight ZiG saboteurs
The Financial Intelligence Unit (FIU), a division of the Reserve Bank of Zimbabwe (RBZ), is well-equipped with skilled personnel and advanced hardware to tackle financial crimes. Recent recruitment ef...Published: 18 May 2024 at 10:47hrs | | by Staff reporter
Gold Mafia exposes Mnangagwa's US$240m election war chest
SELF-STYLED prophet and President Emmerson Mnangagwa's ambassador-at-large Uebert Madzanire, aka Uebert Angel, has claimed that Mnangagwa will spend US$240 million for his re-election bid.Appe...Published: 26 Feb 2024 at 04:55hrs | | by Staff reporter
Zimbabwe tycoon 'loses' US$65m in SA deal
Zimbabwean tycoon Danny Mavura Huruyadzo is set to lose substantial money after a multi-million-dollar deal with his erstwhile business associates based in South Africa turned sour.To avoid lo...Published: 31 Dec 2023 at 12:55hrs | 9 | by Staff reporter
ZACC officials recover US$29m assets offshore
THE Zimbabwe Anti-Corruption Commission (Zacc) has recovered externalised assets by corrupt citizens worth US$29 million, a new report submitted to Parliament has revealed.Experts say the sout...Published: 27 Nov 2023 at 17:32hrs | 9 | by Staff reporter
Zimbabwe central bank to flag suspected terrorists
The Reserve Bank of Zimbabwe's Financial Intelligence Unit will now swiftly freeze the bank accounts of individuals and entities listed by the United Nations for suspected terrorist activities, follow...Published: 06 Oct 2023 at 06:33hrs | | by Staff reporter
Cricket greats salute Streak
CRICKET greats from all over the world have paid tribute to legendary all-rounder, Heath Streak who succumbed to cancer on Sunday.The former Zimbabwe captain and coach died at the age of 49....Published: 05 Sep 2023 at 06:21hrs | 2 | by Staff reporter
Teenager dies in Gweru's freezing temperatures
A 16-year-old Gweru teenager was found dead in the city's Central Business District Wednesday morning after sleeping in the open, amid freezing temperatures.The recent cold spell which hit mos...Published: 12 Jul 2023 at 19:40hrs | 7 | by Staff reporter
Bulawayo freezes
AS Zimbabwe experienced freezing weather that brought with it drizzles in some areas yesterday, Bulawayo city centre was adorned with images of people clad in an assortment of thick winter garb....Published: 12 Jul 2023 at 08:17hrs | | by Staff reporter
Zimbabwe partners AU countries to shut safe havens for illicit financial flows
ZIMBABWE has reportedly made tremendous progress in combating corruption, having recorded numerous cases of forfeiture of assets derived from illicit financial flows.Over the last five years, ...Published: 12 Jul 2023 at 08:12hrs | | by Staff reporter
RBZ threatens to shut down businesses, prosecute directors over price hikes
The Reserve Bank of Zimbabwe on Friday threatened "punitive measures" against businesses accused of "illegal forward pricing practices thereby manipulating the foreign exchange rate.""In terms...Published: 10 Jun 2023 at 17:53hrs | | by Staff reporter
Indeed life was hard under colonialism but there were plenty of opportunities
Over the weekend I drove my mother to her rural home in Rusape for an important family gathering.To be expected, as soon as we hit familiar territory, which held significant memories for her -...Published: 23 May 2023 at 14:01hrs | 9 | by Tendai Ruben Mbofana
Chamisa's CCC raps FIU for obstructing Gold Mafia investigations
CITIZENS Coalition for Change (CCC) has accused the Financial Intelligence Unit (FIU) of obstructing investigations into allegations raised in Al Jazeera's Gold Mafia exposé.This comes after ...Published: 17 May 2023 at 21:38hrs | | by Staff reporter
RBZ scraps asset freeze on Gold Mafia-accused
THE Financial Intelligence Unit (FIU) has lifted the assets freeze orders placed against Ambassador Uebert Angel and three others implicated in alleged money laundering by Al Jazeera documentary serie...Published: 16 May 2023 at 05:13hrs | 1 | by Staff reporter
RBZ reverses Gold Mafia accounts freeze
THE Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) yesterday made a summersault by reversing its order for banks to freeze accounts of several government officials and individuals ...Published: 16 May 2023 at 05:10hrs | | by Staff reporter
UK flags Zimbabwe over soaring corruption
LORD Robin Goldsmith, the United Kingdom's minister for Overseas Territories, Commonwealth, Energy, Climate and Environment at the Foreign, Commonwealth and Development Office, has told the British Pa...Published: 08 May 2023 at 19:07hrs | 1 | by Staff reporter
Rushwaya spared govt gold crackdown
WHILE the Zimbabwean government says it has taken measures to freeze accounts of the gold mafia and investigate the gold smuggling, money laundering and corruption, one of the kingpins, Henrietta Rush...Published: 08 Apr 2023 at 14:20hrs | 1 | by Staff reporter
ZAPU forces Eubert Angel's Church to close
Zapu sent shocking waves down the spine of Mr Eubert Angel the so-called plenipotentiary ambassador for ZIMBABWE in the Americas and Europe. Since the first episode of Al Jezeera called the Gold Mafia...Published: 08 Apr 2023 at 07:28hrs | | by Thulani Nkala
Reserve Bank of Zimbabwe fingered in Gold Mafia scandal
Government faces fresh dilemma on how to handle the gold smuggling and money laundering scandal exposed in a corruption busting Al Jazeera documentary after the central bank has also been fingered in ...Published: 07 Apr 2023 at 19:50hrs | | by Staff reporter
Gold Mafia exposes Mnangagwa's US$240m election war chest
SELF-STYLED prophet and President Emmerson Mnangagwa's ambassador-at-large Uebert Madzanire, aka Uebert Angel, has claimed that Mnangagwa will spend US$240 million for his re-election bid.Appe...Published: 07 Apr 2023 at 09:15hrs | | by Staff reporter
Mnangagwa honoured as Minister of God
IT was a carnival atmosphere at Harare City Sports Centre yesterday as President Mnangagwa was adorned in a robe of recognition and also received a certificate of honour for his commitment to the Zimb...Published: 30 Mar 2023 at 06:33hrs | | by Staff reporter
South African based Mozambican Herman Mashaba threatens terror on Zimbabwean officials
SOUTH African opposition party leader Herman Mashaba has fired a salvo again at Zanu-PF saying his party will push for Zimbabwe's ruling party officials to be barred from the neighbouring country if h...Published: 14 Mar 2023 at 19:11hrs | 5 | by Staff reporter
President Lukashenko charmed by Victoria Falls
The first impressions that he conveyed were of dignity, courtesy and self-confidence.Bearing the mantle of authority with ease, Belarus President Aleksandr Lukashenko radiated warmth and charm...Published: 02 Feb 2023 at 08:23hrs | | by Staff reporter
RBZ blacklists 11 firms over black market deals, overpricing
SIX contractors that were doing business with Government have been blacklisted by the Reserve Bank of Zimbabwe (RBZ)'s Financial Intelligence Unit (FIU) for trading on the foreign currency black marke...Published: 29 Jan 2023 at 07:42hrs | 10 | by Staff Reporter
Civil servants get lion's share
SALARIES for civil servants are set to go up markedly after the Government allocated the biggest chunk of the 2023 National Budget towards the public sector wage bill to cushion workers from the negat...Published: 25 Nov 2022 at 05:05hrs | | by Staff reporter
CCC presser anarchy a result of opposition infighting?
Zanu-PF information director Tafadzwa Magwadi has made startling claims Tuesday's invasion of a CCC press conference in Harare by yobs was a culmination of an internal feud by rival factions within th...Published: 11 Nov 2022 at 05:30hrs | | by Staff reporter
Zimbabweans aren't fools and refuse to be hoodwinked with 'sanctions on country' yarn!
Today, 25 October, was put aside as a so-called 'Anti Sanctions Day' - in which, the ever suffering people of Zimbabwe, and even citizens across the regio...Published: 25 Oct 2022 at 19:05hrs | | by Tendai Ruben Mbofana
Zimbabwe's central bank widens probe into city councils charging in US dollars
Zimbabwe's central bank widened its probe into city councils charging for services in US dollars, after freezing the accounts of the capital over the practice.The bank's Financial Intelligence...Published: 14 Sep 2022 at 05:58hrs | | by Staff reporter
Unskilled Zimbabweans in quandary over South African permits
MULTITUDES of Zimbabweans engaged as domestic workers, or doing other menial jobs, remain in a quandary over their future as immigrants in South Africa after it emerged they were unsure of what exempt...Published: 04 Sep 2022 at 07:58hrs | | by Staff reporter
ZANU PF takes Zimbabwe 360° back to Rhodesia - country ripe for new wave of nationalism and liberation struggle!
There is a popular saying, "nothing under the sun is completely new" - as, with the planets, solar systems, galaxies, and the universe, everything simply goes round and round in circles, and repeating...Published: 21 Aug 2022 at 10:04hrs | 1 | by Tendai Ruben Mbofana
Mnangagwa says Zimbabwe banks have gone rogue
PRESIDENT Emmerson Mnangagwa says most of Zimbabwe's banks have gone "rogue" and are operating in contravention of the country's laws.Writing in his column in The Sunday Mail, he said only 31%...Published: 15 Aug 2022 at 06:43hrs | | by Staff reporter
Zanu-PF's incapacity suffocating Zimbabwe
THE country's economic health has remained precarious under Zanu-PF's misrule for more than four decades.For years, the situation has been worsened by disputed elections.In 2023, Zimba...Published: 29 Jul 2022 at 06:49hrs | | by Mai Ruru
Air Force of Zimbabwe gets more women in its ranks
THE Air Force of Zimbabwe (AFZ) is committed to empowering women in line with the country's efforts to uphold gender equity and equality within the workplace, AFZ Commander Air Marshal Elson Moyo has ...Published: 04 Jul 2022 at 06:56hrs | 6 | by Staff reporter
Court freezes account after US$300 000 deposit
THE High Court has frozen an account at NMB Bank after US$300 000 was deposited into it with inadequate information on its origins, leading to authorities suspecting money laundering.This was ...Published: 30 Jun 2022 at 06:47hrs | | by Staff reporter
Mnangagwa guns for economic hitmen
PRESIDENT Emmerson Mnangagwa's administration has launched a massive clampdown on some big corporates suspected of conniving with local banks to borrow billions of Zimbabwean dollars which they used t...Published: 13 May 2022 at 19:14hrs | | by Staff reporter
Govt cracks down on speculators
GOVERNMENT is clamping down on big corporates, which borrowed billions of Zimbabwe dollars and used the money for speculative activities while taking advantage of exchange rate movements to push up pr...Published: 13 May 2022 at 19:02hrs | 1 | by Staff reporter
Bank lending freeze targets big corporates enjoying 'arbitrage profits'
HARARE - The Zimbabwe government is clamping down on big corporates which borrowed billions in Zimbabwean dollars and allegedly used the money for speculative activities.Authorities say the co...Published: 13 May 2022 at 14:50hrs | 4 | by Staff Reporter
'PVO Bill to curb terrorism'
THE Private Voluntary Organisation Amendment Bill is meant to curb financial terrorism and money laundering by some non-profit organisations that an inter-governmental organisation, Financial Action T...Published: 28 Apr 2022 at 08:56hrs | | by Staff reporter
Underfunding cripples ZHRC
THE Zimbabwe Human Rights Commission (ZHRC) has claimed that an unstable local currency and rising inflation were crippling its operations.In a report presented to Parliament on Thursday, the ...Published: 09 Apr 2022 at 08:30hrs | | by Staff reporter
Russia's rouble comes roaring back
The rouble has surged all the way back to where it was before Russia invaded Ukraine, closing at 79,7 in Moscow on Wednesday.In the days after the Ukraine war began, the rouble's collapse was ...Published: 08 Apr 2022 at 06:40hrs | | by Staff reporter
We are on the brink of World War III
A Third World War is looming after Russia invaded Ukraine on 24 February 2022. The military action which Russian President Vladimir Putin described as a special military operation to disarm a neo-Nazi...Published: 30 Mar 2022 at 11:02hrs | | by Energy Mutodi
Lessons on how Russia is dealing with Western sanctions
It is just about a month since Russia invaded Ukraine. So far there are no signs of abating even when both sides have continued to express willingness to engage in dialogue and end the war. While the ...Published: 28 Mar 2022 at 06:51hrs | | by Tapiwa Gomo
Sanctions on Russia expose West's double standards
Sanctions, whether targeted or not should be considered a crime against humanity, their impact is like that of a full-fledged war.Sanctions have the capacity to destroy a nation's infras...Published: 16 Mar 2022 at 05:32hrs | 14 | by Prosperity Mzila
'Bidenism' has killed dollar dominance?
Time will tell whether Putin wins the sweepstakes of expansionism or the cost of economic distress eventually overwhelms Russia and him. However, some interesting shifts in geo-strategy are discernibl...Published: 15 Mar 2022 at 16:09hrs | 8 | by Vaishali Basu Sharma
Load More Stories
