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Parliament walkouts: MPs must serve the national interest
ZANU-PF legislators' decision to boycott the Parliamentary Portfolio Committee on Public Accounts (PAC) sitting where Sakunda Holdings was expected to give oral evidence regarding how the US$3 billion...Published: 5 hrs ago | 381 | by Nyasha Chingono
RBZ conceals US$1bn fat cat loans
THE Reserve Bank of Zimbabwe (RBZ) has refused to hand over a list of beneficiaries of non-performing loans (NPLs) totalling US$1,13 billion which were inherited by the taxpayer via the Zimbabwe Asset...Published: 5 hrs ago | 877 | by Staff reporter
China corners Mthuli Ncube
FINANCE minister Mthuli Ncube on Wednesday held crunch talks with China's Deputy Ambassador to Zimbabwe Zhao Baogang following a nasty fallout over development-partner support figures presented in the...Published: 5 hrs ago | 507 | by Staff reporter
RBZ raids US$3,2bn in depositors' funds
THE Reserve Bank of Zimbabwe (RBZ) raided depositors' accounts, wiping out US$3,2 billion in the process, before introducing bond notes in 2016 and eventually outlawing the use of foreign currency in ...Published: 5 hrs ago | 486 | by Staff reporter
Mnangagwa averts potential water crisis in Gweru
PRESIDENT Mnangagwa ordered the urgent release of $651 000 for the purchase of four new low-lift raw water pumps for Amapongobwe Dam thereby averting a potential water crisis in Gweru. Officia...Published: 5 hrs ago | 69 | by Staff reporter
Mnangagwa named 10 roads after himself
With the haste of a man not certain of history's judgment of him, President Emmerson Mnangagwa on Thursday renamed 10 roads in all provinces after himself.Enterprise Road in Harare, which lead...Published: 5 hrs ago | 72 | by ZimLive
JETGATE: 'Mnangagwa uses luxury jet to loot diamonds and foreign currency'
President Emmerson Mnangagwa seemingly sensing his imminent boot from power, is allegedly involved in grand looting of the country's scarce foreign currency coffers and resources using his chain of hi...Published: 15 hrs ago | 8777 | by Mary-Kate Kahari
Mnangagwa should now engage Prophet Makandiwa to stop this, 'economic rot'
A shortage of foreign currency has put Zimbabwe in a dire economic situation with little means for short-term recovery....Published: 15 hrs ago | 3554 | by Knowledge Hakata
1893 MHRRM message of Hope, Will-Power and Vision
Since the fall of the Matebeleland Kingdom at Gadade in November 1893, our Kingdom has been in a journey of fighting for its freedom and the Restoration of the Rights of its people and Africans in gen...Published: 16 hrs ago | 693 | by Ayanda Manala
Why Mnangagwa has failed to improve the economic prospects of Zimbabwe?
It is now more than two years since President ED Mnangagwa assumed power with an ostensible mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, RG Muga...Published: 21 Nov 2019 at 21:03hrs | 525 | by Martin
Biti slams 'amateurish' accounting
Former finance minister Tendai Biti said the omission of Chinese development assistance in the 2020 budget statement was "amateurish" after China made a strong protest on Tuesday.The Chinese e...Published: 21 Nov 2019 at 04:21hrs | 3069 | by ZimLive
EcoCash leaves consumers stranded
EcoCash services remained intermittent or non-available yesterday, causing major business losses and much hardship since the platform handles 85 percent of Zimbabwe's transactions and 99 percent of mo...Published: 20 Nov 2019 at 04:02hrs | 1795 | by Staff reporter
Mthuli Ncube to expend 5% fuel levy on Chirundu Highway
Finance and Economic Development minister Mthuli Ncube has allocated 5% of the excise duty revenue collected on fuel towards the construction of the Beitbridge-Harare-Chirundu Highway as international...Published: 19 Nov 2019 at 20:35hrs | 389 | by Staff reporter
Cash scam - RBZ clears Ecobank
Ecobank says the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has exonerated the financial institution after completing investigations into alleged diversion of funds to the black mark...Published: 19 Nov 2019 at 20:32hrs | 1089 | by Staff reporter
Ecobank speaks on $15,000 cash found on parallel market
Ecobank Zimbabwe Limited has said it complied with regulatory requirements before approving a $15 000 cash withdrawal by a customer which resulted in pictures of new Zimbabwe dollar notes circulating ...Published: 19 Nov 2019 at 20:30hrs | 873 | by Staff reporter
Chamisa welcomes South Africa to mediate between him and Mnangagwa
MDC leader Nelson Chamisa says his party is ready to welcome the South African government to mediate between ZANU PF and MDC to find a lasting solution to the challenges affecting the country. ...Published: 19 Nov 2019 at 13:15hrs | 7718 | by Mandla Ndlovu
Mthuli Ncube tax minimum raised to $100
Government has increased the minimum taxable amounts for intermediated money transfer tax (IMTT), better known as the 2 percent tax, to $100 from $20 per transaction for individuals as it sought...Published: 19 Nov 2019 at 05:42hrs | 2718 | by Staff reporter
Business suffers as EcoCash still down
Retailers and other business entities may have lost potential revenue running into hundreds of millions of dollars after Zimbabwe's biggest mobile money platform, EcoCash, remained largely out of serv...Published: 19 Nov 2019 at 05:42hrs | 939 | by Staff reporter
POLAD takes on NSSA corruption
Participants in the Political Actors Dialogue (POLAD) spearheaded by President Mnangagwa will discuss the corruption ravaging the National Social Security Authority (NSSA), MDC-T vice president Obert ...Published: 18 Nov 2019 at 18:53hrs | 1729 | by Staff reporter
Chamisa and Mnangagwa's MPs reducing Second Republic into one big circus
THE animosity between the two political adversaries, the ruling Zanu PF party and the opposition MDC, who have perpetually been trading barbs in Parliament, has now degenerated into a farce and turned...Published: 18 Nov 2019 at 18:50hrs | 2824 | by NewsDay Comment
FULL TEXT: RBZ statement on exchange rate
The Reserve Bank of Zimbabwe Monetary Policy Committee has emphasized the need for the Central bank to find ways of of funding productive sectors of the economy. The Committee which met on Mon...Published: 18 Nov 2019 at 15:37hrs | 9836 | by Mandla Ndlovu
Securing a personal loan - Some undeniable advantages
Why apply for a personal loan? This money can be used to finance various projects and needs in cash without having of own funds or without having ...Published: 18 Nov 2019 at 09:03hrs | 977 | by Staff Writer
Hodzi goes after couple over unexplained wealth
Prosecutor general Kumbirai Hodzi has sought an order to forfeit a Harare couple's US$760 000 properties in Waterfalls and Borrowdale after they failed to explain how they amassed their funds against ...Published: 18 Nov 2019 at 06:39hrs | 3266 | by Staff reporter
Mnangagwa's govt squanders US$10.6 billion
PRESIDENT Emmerson Mnangagwa's government spent over US$10 billion in unbudgeted public finds, and now wants Parliament to okay the unexplained expenditure, raising the ire of opposition members of Pa...Published: 18 Nov 2019 at 06:38hrs | 1486 | by Staff reporter
Mthuli Ncube hails RBZ swift action on CBZ, Ecobank
Finance and Economic Development Minister Professor Mthuli Ncube has praised the Reserve Bank of Zimbabwe (RBZ) for swiftly acting against two banks alleged to have allowed their depositors to make wi...Published: 18 Nov 2019 at 06:26hrs | 1522 | by Staff reporter
Civil servants can not live on ZUPCOs alone! Zim govt should give them their worthy and dignified salaries
Never in my 46 years of existence have I been exposed to such an ignorant and arrogant government as that of Zimbabwe. Never in my life have I encountered a group of people who are divorced from reali...Published: 17 Nov 2019 at 08:45hrs | 2961 | by Tendai Ruben Mbofana
Mnangagwa's minister caught in messy scandal
INDUSTRY and Commerce minister Sekai Nzenza has been accused of failing to pay back US$8 000 she allegedly took from the corruption-ridden National Social Security Authority (NSSA) under the guise of ...Published: 17 Nov 2019 at 06:01hrs | 3762 | by Staff reporter
Not yet time for Zimbabwe to go into space
Finance minister Mthuli Ncube has often been accused of being far too removed from what ordinary Zimbabweans are experiencing in the wake of economic turmoil that is taking back the country into the d...Published: 17 Nov 2019 at 06:00hrs | 289 | by Staff reporter
Free tillage for villagers
THE Government has come up with a tillage programme where tractors will be dispatched through the District Development Fund (DDF) to till at least one hectare per household to assist farmers whose dra...Published: 17 Nov 2019 at 05:23hrs | 218 | by Staff reporter
Millers sell subsided maize at +200% profit
MILLERS are allegedly engaged in massive corruption, where they access cheap maize from Grain Marketing Board, mill a small portion and then divert the rest to rural areas especially those near the co...Published: 17 Nov 2019 at 05:21hrs | 181 | by Staff reporter
Soldiers and Police must be fully funded, says Mthuli Ncube
The security services must be fully funded to enable them to discharge their constitutional mandates, Finance and Economic Planning Minister Professor Mthuli Ncube said yesterday. Notwithstand...Published: 16 Nov 2019 at 19:03hrs | 430 | by Staff reporter
Mnangagwa warns corrupt councillors
PRESIDENT Mnangagwa yesterday issued a stern warning against corrupt councillors and council officials who divert public funds for personal use, saying Government will not hesitate to punish those cau...Published: 16 Nov 2019 at 08:08hrs | 809 | by Staff Reporter
Security services must be fully funded, says Mthuli Ncube
The security services must be fully funded to enable them to discharge their constitutional mandates, Finance and Economic Planning Minister Professor Mthuli Ncube said yesterday..Notwithstand...Published: 16 Nov 2019 at 07:02hrs | 2269 | by Staff Reporter
Nothing amiss in cash withdrawals above stipulated limits, Mangudya
Reserve Bank of Zimbabwe Governor, Dr John Mangudya, says there is nothing amiss in depositors withdrawing cash above stipulated limits as exemptions are normal in the financial services sector....Published: 15 Nov 2019 at 19:21hrs | 5034 | by Staff reporter
Ex-Zinara boss jailed
Former Zimbabwe National Roads Administration (ZINARA) Director, Simon Mudzingwa Taranhike will spend the next 15 months behind bars after he was found guilty and convicted for criminal abuse of offic...Published: 15 Nov 2019 at 19:20hrs | 2215 | by Staff reporter
Decentralise Command agric inputs distribution, govt told
COMMAND agriculture programme beneficiaries in Mashonaland Central province on Wednesday asked Agriculture deputy minister Douglas Karoro to address challenges they were encountering in accessing inpu...Published: 15 Nov 2019 at 06:30hrs | 182 | by Staff reporter
8 Beitbridge bodies face pauper's burial
GOVERNMENT officials in Beitbridge, who are grappling with a mortuary crisis following the suspension of morgue services at the 160-bed Beitbridge District Hospital last week, are seeking authority to...Published: 15 Nov 2019 at 06:29hrs | 589 | by Staff reporter
The world of online casino gaming
The generation we belong to had just started to understand something known as computer games. Our generation that would rely heavily on entertainment watching Hanna Barbara's epic creation of Tom &...Published: 14 Nov 2019 at 08:21hrs | 396 | by Staff Writer
Cassava Smartech unveils the EcoFarmer Diaspora Agriculture Finance Plan
Cassava Smartech yesterday [Wednesday] launched the EcoFarmer Diaspora Agriculture Finance Plan (DAFP) that is set to allow Zimbabweans living in the Diaspora to remit funds which directly go towards ...Published: 14 Nov 2019 at 07:44hrs | 1025 | by Agencies
CAAZ mourns funds repatriation
Civil Aviation Authority of Zimbabwe (CAAZ) says failure to repatriate funds to international airlines has piled on to challenges that are discouraging the firm from efficiently discharging duties in ...Published: 14 Nov 2019 at 05:31hrs | 299 | by Staff reporter
Sasai exhibits at Africa's top tech conference
Sasai, the new all-in-one App from Cassava Fintech International (CFI), is exhibiting at AfricaTech, the fintech and digital expo that runs concurrently with AfricaCom, the continent's largest telco a...Published: 13 Nov 2019 at 13:37hrs | 704 | by Agencies
NSSA rot sucks in another minister
FORMER Public Service minister Sekai Nzenza allegedly ordered State pension manager, National Social Security Authority (NSSA) to pay $1,8 million to a group of local experts she handpicked to unpack ...Published: 12 Nov 2019 at 07:27hrs | 5131 | by Staff reporter
Foreigners tussle in nasty turf wars
CONFEDERATION of Zimbabwe Retailers (CZR) president, Denford Mutashu says fights for business control among foreign companies in Zimbabwe was affecting investment prospects in the retail sector....Published: 12 Nov 2019 at 07:27hrs | 815 | by Staff reporter
Zivhu slams bootlicking Zanu-PF bigwigs, govt officials
UNDERFIRE Chivi South legislator Killer Zivhu (Zanu-PF) has slammed party bigwigs and government officials who bootlick President Emmerson Mnangagwa while looting from ordinary people and scuttling hi...Published: 12 Nov 2019 at 07:26hrs | 2832 | by Staff reporter
Zinara fatcats in tollgates scam
A FRESH storm has hit the Zimbabwe National Road Administration (Zinara) after the parastatal proposed to award a million-dollar deal to its perennial contractor Univern, a deal seen as a corrupt way ...Published: 12 Nov 2019 at 07:23hrs | 873 | by Staff reporter
Mthuli Ncube to present $28,5 billion budget
FINANCE and Economic Development Minister Professor Mthuli Ncube is set to present the 2020 national Budget on Thursday, with industry and citizens expecting better economic fortunes following the num...Published: 11 Nov 2019 at 06:28hrs | 481 | by Staff reporter
Zanu-PF trounce MDC in Tsholotsho and Wedza council by-elections
Zanu-PF had a clean sweep in council by-elections held on Saturday - two in Tsholotsho, Matabeleland North, and one in Wedza, Mashonaland East.Amid biting poverty and a collapsed economy, the ...Published: 10 Nov 2019 at 21:32hrs | 1012 | by Staff reporter
Obert Mpofu denies Zanu-PF demanding $5 million donation from provinces
ZANU-PF secretary for administration, Obert Mpofu Thursday revised down the amount being sought by the ruling party in terms of provincial donations towards its National People's Conference next month...Published: 10 Nov 2019 at 09:01hrs | 4439 | by newzimbabwe
Tendai Biti should not be allowed to investigate others when he is under investigation
The person who is supposed to be in charge of discovering corruption in parliament is under investigation by the Zimbabwe Anti-Corruption Commission (ZACC) for allegedly instructing the National Socia...Published: 10 Nov 2019 at 08:57hrs | 7684 | by Mhungu Mushoga
Zimbabwe's money merry go-round
Zimbabwe is trying everything in the book to address a currency crisis that has undermined its productive capacity and threatened its economic sustainability. But its measures so far seem to have had ...Published: 10 Nov 2019 at 08:45hrs | 246 | by Staff reporter
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