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Zimbabwe to freeze civil service hiring in 2026

Zimbabwe's government will freeze recruitment across most state departments next year in a bid to contain the ballooning public wage bill, the Ministry of Finance and Economic Development has announced.In a circular confirmed by the minist…

Published: 11 Sep 2025 at 20:16hrs | | by Staff reporter

Treasury launches last-ditch push to stabilise Zimbabwe economy

Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail industrial recovery and drive businesses into…

Published: 22 May 2025 at 11:33hrs | 623 | by Staff reporter

Guvamatanga denies snubbing Parliament

Permanent Secretary in the Ministry of Finance and Economic Development George Guvamatanga has refuted claims that he is avoiding appearing before Parliament's Public Accounts Committee (PAC) to explain controversial payments of over US$40…

Published: 13 May 2025 at 19:39hrs | 1078 | by Staff reporter

Guvamatanga dodges Parliament again over US$400 million scandal

Finance Ministry Permanent Secretary George Guvamatanga failed once again to appear before Parliament's Public Accounts Committee (PAC) on Monday, defying expectations that he would explain the gross mismanagement of US$400 million in publ…

Published: 13 May 2025 at 10:37hrs | 1113 | by Staff reporter

Guvamatanga faces summons threat after snubbing Parliament

Zimbabwe's Finance Ministry permanent secretary George Guvamatanga is facing the threat of a parliamentary summons after he failed to appear before the Public Accounts Committee (PAC) for the second time, prompting lawmakers to take a firm…

Published: 13 May 2025 at 09:58hrs | 108 | by Staff reporter

George Guvamatanga gave company 'illegal' bank guarantee on $20 million loan

Treasury secretary George Guvamatanga has been accused of providing an "illegal and unconstitutional" bank guarantee for a US$20 million loan to a seed company linked to command agriculture corruption.Guvamatanga, in a letter to Ecobank, s…

Published: 17 Apr 2025 at 20:32hrs | 6606 | by Staff reporter

George Guvamatanga rules out Zimbabwe exchange-rate convergence

Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at 26.65 per dollar, compared with between 40 to 5…

Published: 18 Oct 2024 at 08:53hrs | 1708 | by Staff reporter

Zimbabwe economic saboteurs go after Finance ministry?

Despite the significant strides made by Zimbabwe's Second Republic in reviving the economy and spearheading widespread infrastructural development, detractors continue to work hard to discredit these achievements. Their attempts to undermi…

Published: 13 Sep 2024 at 08:01hrs | 659 | by Staff reporter

Guvamatanga faces scrutiny over South African properties

George Guvamatanga, the Permanent Secretary of the Ministry of Finance, is under investigation following revelations of his extensive property portfolio in South Africa. This development has raised significant moral, ethical, and accountab…

Published: 10 Sep 2024 at 08:25hrs | 10180 | by Staff reporter

Zimbabwe must be bold in FDI drive

Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimbabwe as a favorable investment destinat…

Published: 09 Sep 2024 at 08:24hrs | 101 | by Staff reporter

Govt clamps down on advance payments

Treasury is working on stringent measures to regulate advance payments for contractors, after some failed to deliver on their contractual obligations and others indulged in financial speculation on the black market, and the closing of loop…

Published: 30 Aug 2022 at 06:30hrs | 2 | by Staff reporter

Is Guvamatanga altogether there?

An observation made by my daughter, Dr Rumbi, when she was 27 years old has haunted me ever since. Dr Rumbi was preparing for her doctoral defence on governance, and she had returned from a research trip in South Africa. Her reaction to wh…

Published: 17 Oct 2021 at 09:08hrs | 1 | by Kenneth Mufuka

Zimbabwe female magistrates sexually harassed at work, says former boss

CORRUPTION accused former chief magistrate Mishrod Guvamombe has made startling claims Zimbabwean female magistrates were being sexually harassed at work.The one-time topmost magistrate said this when his trial commenced Wednesday, some mo…

Published: 15 Oct 2020 at 06:32hrs | 2 | by Staff reporter

Multi-currency was a disaster

Government says multi-currency system created fiscal and monetary challenges, stunting economic growth and making most industries in Zimbabwe uncompetitive. Treasury permanent-secretary George Guvamatanga said there is no way Zimbabwe's ec…

Published: 08 Jul 2019 at 08:31hrs | 1 | by Staff reporter

Guvamatanga quits Barclays

BARCLAYS Bank Zimbabwe managing director Mr George Guvamatanga has quit the organisation after 28 years of service.In a statement yesterday, chairman, Mr Antony Mandiwanza, said Mr Guvamatanga had retired from the bank with effect from Nov…

Published: 12 Dec 2017 at 05:21hrs | | by Staff reporter

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Charamba storms into World Championships 200m semi-finals

SA soldiers, Zimbabweans arrested over cigarette

ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud

RemitHope seeks to raise US$100 000 for 10 grassroots organisations in Africa

US lawmaker pushes Zimbabwe to repay white farmers

USA could finally repeal ZDERA sanctions on Zimbabwe, but...

3 men jailed for robbing Freda Mine worker in Gwanda

Security guard goes on goat stealing spree

Man finally in court 8 years after sister's murder

Unlicenced joyride 'car thief' beg court

Women's Bank partners Govt

Inferno destroys 30 vehicles at Mutare's Brooms garage

Potraz relocates over 40 base stations

Ruwa robbery suspects arrested after lavish spending spree

Ramaphosa posts explicit videos on X

'Harare-Mutare-Vic Falls flight route permanent,' AirZim announces

Sanctions were never Zimbabwe's real problem: Their removal will finally expose the regime's failures

The Zimbabwe Government is Not Learning from Past Mistakes

War vets sharpen knives against Mnangagwa

Germany's Dislike of Ms. Anna Lena Baerbock Makes Her Vulnerable at the UN

Injiva gunned down

Chivayo blows US$3m on luxury cars for Zanu-PF chiefs

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean nurse tells shocking ordeal in UK Memoir

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