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FBC Bank introduces 24/7 deposit-taking ATMs in Zimbabwe
FBC Bank has unveiled a 'groundbreaking' service in Zimbabwe with the launch of Deposit-Taking ATMs, enabling customers to deposit cash into their individual accounts or FBC Mastercard Prepaid cards a...Published: 7 hrs ago | 220 | by Staff reporter
Concerns mount over devolution fund shortfalls in Zimbabwe
The government's failure to meet the five percent constitutional threshold for devolution funding since 2019 has sparked widespread criticism. From its inception to 2023, the Inter-Governmental Funds ...Published: 8 hrs ago | 89 | by Staff reporter
Objections filed against Kweza, Magaya, Machana nominations
The ZIFA Normalisation Committee is facing significant scrutiny after receiving objections to the nominations of Martin Kweza, Prophet Walter Magaya, and Philemon Machana for key roles in the administ...Published: 12 hrs ago | 818 | by Staff reporter
Sex-crazed overseer dismissed from Zaoga
A senior overseer of the ZAOGA FIF church, Joel Chinhema, has been dismissed from his post in Bindura following serious allegations of adultery, embezzlement of church funds, and sexual misconduct. Ch...Published: 16 Dec 2024 at 11:13hrs | 1625 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 347 | by Constantine Chikosi
Time Bank offers war vets US$3,5bn
TIME Bank has offered a US$3.5 billion compensation package to Zimbabwe's liberation war veterans as part of its broader US$38 billion loan proposal to the government. This development follows signifi...Published: 14 Dec 2024 at 12:33hrs | 380 | by Staff reporter
MPs back Mthuli Ncube's sports betting tax proposal
Parliamentarians have approved Finance Minister Mthuli Ncube's proposal to introduce a 10% tax on gross winnings from sports betting, marking a significant step in the growing Zimbabwean sports bettin...Published: 14 Dec 2024 at 10:46hrs | 147 | by Staff reporter
Harare town clerk operating a parallel revenue collection unit
The City of Harare (CoH) Town Clerk's office is facing scrutiny following revelations that it oversees a parallel revenue collection unit responsible for funds from the municipality's special business...Published: 14 Dec 2024 at 10:44hrs | 1315 | by Staff reporter
Cops, municipal police shield mshikashikas
In the heart of Harare's central business district, lawlessness and corruption are rife as pirate taxi operators, known as "mshikashika," continue to defy traffic regulations with apparent impunity, w...Published: 14 Dec 2024 at 10:41hrs | 149 | by Staff reporter
Zimbabwe collects US$30,8m from sugar tax
The Zimbabwean government has reported collecting US$30.8 million from the special surtax on sugar content in beverages since the gazetting of Statutory Instrument 16 of 2024, the Customs and Excise (...Published: 14 Dec 2024 at 10:37hrs | 80 | by Staff reporter
Matebeleland projects have remained stagnant for years
Nkulumane Member of Parliament, Desire Moyo, has made a passionate plea to Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube to allocate funding for critical infrastructure...Published: 13 Dec 2024 at 09:43hrs | 330 | by Staff reporter
Wadyajena shortlisted for ZACC role
In a move that has sparked public debate, former parliamentarian Justice Mayor Wadyajena has been shortlisted for a commissioner position at the Zimbabwe Anti-Corruption Commission (ZACC), an agency w...Published: 11 Dec 2024 at 14:50hrs | 883 | by Staff reporter
US, UK sanction Gold Mafia linked dealer
The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the c...Published: 10 Dec 2024 at 07:08hrs | 929 | by Staff reporter
Trip money 'disappears' at Banket Primary School
Parents and guardians of Banket Primary School are demanding accountability from school authorities after allegations surfaced that part of the funds raised for a school trip to Victoria Falls in Octo...Published: 10 Dec 2024 at 07:06hrs | 375 | by Staff reporter
South Africa running out of money at an alarming rate
Efficient Group chief economist Dawie Roodt has warned that South Africa is heading for a financial crisis due to its growing debt burden.Speaking to State of the Nation's Mark Sham, Roodt sai...Published: 09 Dec 2024 at 15:15hrs | 724 | by Staff reporter
The tale of two criminal politicians
CORRUPTION is a type of dishonesty or a criminal offence that is often perpetrated by a person or an organisation that is entrusted in a position of authority to acquire illicit benefits or abuse powe...Published: 09 Dec 2024 at 08:14hrs | 930 | by Tapiwa Gomo
Sengezo Tshabangu warned
The Welshman Ncube-led Citizens Coalition for Change (CCC) yesterday vehemently rejected the actions of self-proclaimed interim secretary-general Sengezo Tshabangu, warning him that his authority with...Published: 09 Dec 2024 at 07:01hrs | 3372 | by Staff reporter
Prophet Magaya plans bigger and better Heart Women Soccer League
As the curtains fell on the Heart Women Soccer League season this past weekend, title sponsor Walter Magaya has set his sights on an even bigger and better competition for next year. The businessman, ...Published: 09 Dec 2024 at 07:01hrs | 271 | by Staff reporter
Safari operator nabbed over US$170,000 theft
A safari operator, Hamilton Mandizvidza, was arraigned before the courts last week on charges of theft of trust property involving US$170,000. Mandizvidza (44), the director of Falcon Safaris, appeare...Published: 09 Dec 2024 at 06:52hrs | 356 | by Staff reporter
Mthuli Ncube unveils ambitious infrastructure funding overhaul
Finance, Economic Development, and Investment Promotion Minister Professor Mthuli Ncube has announced plans to restructure the sinking fund and expand the e-tolling system to secure sustainable revenu...Published: 09 Dec 2024 at 06:44hrs | 1019 | 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 | 289 | by Staff reporter
Bulawayo raises over US$21 million for Glassblock dam construction
Bulawayo City Council has successfully raised over US$21 million toward the construction of the Glassblock Bopoma Dam, a critical infrastructure project aimed at addressing the city's water crisis and...Published: 08 Dec 2024 at 10:09hrs | 2634 | by Staff reporter
Maguwu slams leadership failure following Mphoko's death
The death of former Vice President and Liberation War hero Phelekezela Mphoko in India on Friday has sparked a fierce critique of Zimbabwe's leadership, particularly the country's failure to invest in...Published: 08 Dec 2024 at 10:07hrs | 558 | by Staff reporter
Gwanda Pirates ready to play with the big boys next year
In just nine months since their formation, Gwanda Pirates are on the brink of a historic achievement. The ZIFA Matabeleland South Division Two team is one victory away from clinching the championship ...Published: 08 Dec 2024 at 09:50hrs | 73 | by Staff reporter
We need Zacc in the Zifa elections
With the 2024 soccer season gone, the Zifa elections are dominating headlines everywhere with all sorts of names being thrown around as possible successors to Felton Kamambo.Since nominations ...Published: 08 Dec 2024 at 09:26hrs | 44 | by Michael Kariati
Suspected car thief appears in court for stealing 2 vehicles
A 45-year-old man, Sean Manakira, has appeared in court on allegations of stealing two vehicles. Manakira, who faces charges of theft of trust property, was granted US$300 bail by a Harare magistrate....Published: 07 Dec 2024 at 10:35hrs | 828 | by Staff reporter
Sugar tax money to set up new cancer treatment centres
The Procurement Regulatory Authority of Zimbabwe (PRAZ) has approved expedited procedures to procure new cancer treatment machines, with the potential completion of the process before the end of 2024....Published: 07 Dec 2024 at 10:32hrs | 99 | by Staff reporter
Zimbabwe to fast-track procurement of new cancer machines
The Procurement Regulatory Authority of Zimbabwe (PRAZ) has approved a fast-tracked process to procure new cancer treatment machines, raising hopes that they will be in place by year-end.The a...Published: 07 Dec 2024 at 10:23hrs | 89 | by Staff reporter
Zimbabwe losing billions in inflated infrastructure project costs
Zimbabwe may be losing billions of dollars in inflated costs for its massive infrastructure projects due to the absence of advanced software for accurate project pricing, according to a local industry...Published: 06 Dec 2024 at 18:11hrs | 1148 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 294 | by Staff reporter
Freeman Chari withdraws from Chingwizi project
The Citizens Initiative (CI), a non-political organization known for its grassroots development projects, has withdrawn from its plan to construct classroom blocks at Chingwizi Primary School in Masvi...Published: 06 Dec 2024 at 16:28hrs | 251 | by Staff reporter
Gukurahundi cover-up editor urgently needs medical help
Geoffrey (Geoff) Nyarota is in critical health and urgently requires medical treatment for a trio of serious conditions: cancer, heart disease, and kidney failure. Nyarota, who has a long career in jo...Published: 06 Dec 2024 at 15:54hrs | 695 | by Staff reporter
Zimbabwe's education sector saddled with billions in debt
The Ministry of Primary and Secondary Education in Zimbabwe is grappling with significant financial challenges, with debts running into billions of Zimbabwe Gold (ZiG) currency, revealing the deepenin...Published: 06 Dec 2024 at 06:39hrs | 281 | by Staff reporter
Lake Gwayi-Tshangani construction set to resume
The long-awaited construction of the Lake Gwayi-Tshangani Dam in Matabeleland North is set to resume, thanks to a ZWG1 billion allocation in the 2025 national budget aimed at completing the remaining ...Published: 06 Dec 2024 at 06:35hrs | 990 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 295 | by Engineer Jacob Kudzayi Mutisi
Funds dwindling for HIV/AIDS fight in Zimbabwe
The U.S. has provided over $1 billion in the past 5 years to Zimbabwe's fight against HIV/AIDS, but experts say reduced funding may hamper the African country's target of ending the epidemic by 2030....Published: 05 Dec 2024 at 13:34hrs | 206 | by Staff reporter
Vic Falls Town Clerk dismisses suspension as a campaign of 'appalling fabrications'
Victoria Falls City Council Town Clerk Ronnie Dube has dismissed his suspension over alleged corruption and abuse of office as a campaign of "appalling fabrications" orchestrated by long-standing riva...Published: 05 Dec 2024 at 12:39hrs | 369 | by Staff reporter
Zimbabwe's errant bankers must be punished
Vocal Harare political activist and business advocate, Engineer Jacob Mutisi, has called for stringent accountability for bankers and financial institutions involved in the mismanagement and fraudulen...Published: 05 Dec 2024 at 09:19hrs | 1399 | by Staff reporter
Zimbabwe's banking sector and no arrests years down the line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 09:07hrs | 602 | by Eng. Jacob Kudzayi Mutisi
Feared CIO's mother dies in deplorable state
Gogo Tarima Muzariri, the mother of the late Livingstone Maynard Muzariri, former director-general of the Central Intelligence Organisation (CIO), has passed away at the age of 112. She died on Tuesda...Published: 05 Dec 2024 at 08:55hrs | 1709 | by Staff reporter
Zimbabwe police say 'making headway' 2 months after Ecobank US$4m heist
The Zimbabwe Republic Police (ZRP) has intensified its efforts to apprehend the armed robbers behind the dramatic US$4 million heist at the Ecobank Parkade branch in Bulawayo two months ago.Th...Published: 04 Dec 2024 at 16:37hrs | 2053 | by Staff reporter
Gayton McKenzie being investigated for financial abuse
The Economic Freedom Fighters confirmed that the Public Protector will investigate Sports, Arts and Culture Minister Gayton McKenzie's alleged financial misconduct. This was after he reportedly spent ...Published: 04 Dec 2024 at 16:07hrs | 813 | by Staff reporter
Doctors demand transparency from Mthuli Ncube on sugar tax revenue
The Zimbabwe Association of Doctors for Human Rights (ZADHR) has called on Finance Minister Mthuli Ncube to provide detailed accounts of the government's sugar tax revenue and its utilization....Published: 04 Dec 2024 at 15:15hrs | 335 | by Staff reporter
Billionaire Ramaphosa gets a pay rise
Parliament on Tuesday approved a salary increase for President Cyril Ramaphosa despite opposition from his ardent critics, the EFF and MK Party.This after ANC chief whip Mdumiseni Ntuli tabled...Published: 04 Dec 2024 at 07:25hrs | 1282 | by Staff reporter
Zimbabwe targets 1 million houses by 2025
Zimbabwe is on track to achieve an ambitious target of one million houses by 2025, as part of the Second Republic's commitment to ensuring decent shelter for all citizens. This milestone comes after t...Published: 04 Dec 2024 at 06:36hrs | 77 | by Staff reporter
Qoki Zindlovukazi wins in court
A group of women who claimed to have contributed funds towards the purchase of a property in Bulawayo has suffered a setback in their legal battle, as the High Court of Zimbabwe dismissed their applic...Published: 03 Dec 2024 at 10:19hrs | 739 | by Staff reporter
ZANU-PF corruption and mismanagement have turned Air Zimbabwe into an international embarrassment
This once-proud national airline, which began its journey in 1980 with a modern fleet inherited from Air Rhodesia, is now a global laughingstock, a shadow of its former self. At independence, ...Published: 02 Dec 2024 at 23:21hrs | 1295 | by Tendai Ruben Mbofana
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 89 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 192 | by Staff reporter
Parliament power outage exposed consequences of corruption and mismanagement
Two days ago, Zimbabwe once again found itself in the throes of an international embarrassment, this time at the heart of its legislative hub. During the presentation of the 2025 National Budg...Published: 01 Dec 2024 at 20:56hrs | 1360 | by Tendai Ruben Mbofana
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