Search / Hiked
ZNCC urges RBZ to cut policy rate to 20%
The Zimbabwe National Chamber of Commerce (ZNCC) has urged the Reserve Bank of Zimbabwe (RBZ) to lower its bank policy rate from the current 35% to 20% in an effort to ease growing credit constraints ...Published: 08 Jul 2025 at 12:12hrs | 212 | by Staff reporter
Zimbabwe kisses Trump ass on tariffs war?
President Emmerson Mnangagwa's recent move to suspend all tariffs on United States goods in a bid to win favour with the Trump administration has been publicly ridiculed, as U.S. President Donald Trum...Published: 12 Apr 2025 at 09:16hrs | 246 | by Staff reporter
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1072 | by Tendai Ruben Mbofana
Brighton 'MaNinja' shines as Bosso crush Kwekwe United
Highlanders 4-0 Kwekwe UnitedBrighton "MaNinja" Ncube's sensational hat-trick was the highlight of the game as Highlanders dismissed Kwekwe United 4-0 in their first home match of the 2025 Cas...Published: 10 Mar 2025 at 08:32hrs | 419 | by Staff reporter
Buses hike fares
Zimbabweans gearing up for festive holiday travel were left frustrated yesterday as transport operators hiked fares by over 50%, exploiting the surge in demand. This comes against the backdrop of a st...Published: 24 Dec 2024 at 12:32hrs | 1670 | by Staff reporter
Zimbabwean inflation slows
Zimbabwe's monthly inflation rate slowed for the first time in four months, as volatility that's plagued the nation's gold-backed ZiG currency shows signs of ebbing.Consumer prices rose 11.7% ...Published: 26 Nov 2024 at 19:37hrs | 451 | by Staff reporter
Nkomo blasts Zanu-PF over policy confusion
Zapu leader Sibangilizwe Nkomo has blasted Zanu PF government over policy which he blamed for economic quagmire in the country.In...Published: 22 Oct 2024 at 07:21hrs | 574 | by Stephen Jakes
Zimbabwe hires Rothschild advisers over $21 Billion defaulted debt pile
Zimbabwe's government has hired financial and legal advisers to help it navigate potential talks with international creditors over the $21 billion it owes, according to people familiar with the matter...Published: 10 Oct 2024 at 12:22hrs | 546 | by Staff reporter
ZUDAC affiliates extort passengers, corrupt
THE Zimbabwe Union of Drivers and Conductors (ZUDAC), including its affiliates, have been fingered in an extortion scandal and being accomplices in abusing commuting passengers, an investigation expos...Published: 20 Mar 2024 at 21:07hrs | 8 | by Gideon Madzikatidze
'Zimbabwe cement manufacturers exceeding local demand'
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.Some 2.6 million tonnes of cement are now being locally produced against a de...Published: 06 Mar 2024 at 04:42hrs | 8 | by Staff reporter
Mthulisi Ncube exempts VAT on key basic commodities
TREASURY has gazetted the suspension of Value Added Tax (VAT) on selected basic commodities with effect from today as part of Government measures to tame price increases while boosting consumer purcha...Published: 01 Feb 2024 at 04:57hrs | 16 | by Staff reporter
Grain millers flag 'artificial' mealie-meal shortages in supermarkets
LOCAL grain millers say they have contingency measures throughout the value chain to ensure adequate mealie-meal stocks to feed the nation.The assurance by the Grain Millers Association of Zim...Published: 29 Jan 2024 at 06:00hrs | | by Staff reporter
Zimbabwe's internet costs surge
When a sharp hike in Zimbabwe's internet costs drove Joyce Kapvumfuti's small catering enterprise offline for a week, orders for her wedding cakes, business lunches and frosted cupcakes collapsed....Published: 13 Jan 2024 at 06:52hrs | 36 | by Staff reporter
Zimbabwe set to open passport offices in South Africa, UK and US by March
Zimbabweans based in South Africa, United Kingdom, USA and two other countries will now be able to physically apply for passports in their respective host countries by March this year, Registrar-Gener...Published: 07 Jan 2024 at 17:43hrs | 13 | by Staff reporter
Zimbabwe fuel prices hiked as regional fuel prices drop
The Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices with effect from 4 January 2024. South Africa's Mineral Resources and Energy Department published the official fuel price...Published: 06 Jan 2024 at 08:58hrs | 15 | by Staff reporter
Zimbabwe teachers demand US$1,000 salary to open schools
TEACHERS under the Zimbabwe Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) are demanding a salary of US$1,000 to open schools on Tuesday.In a communique shared with the media, they cited...Published: 06 Jan 2024 at 08:45hrs | 17 | by Staff reporter
Mthuli Ncube's taxes kick in
Zimbabweans will begin a new year tomorrow faced with a basket of new taxes, levies and fees that will push up the cost of living for many that are already struggling to make ends meet.Finance...Published: 31 Dec 2023 at 13:00hrs | 11 | by Staff reporter
Econet leading in mobile data and voice traffic
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s sector performance report for the 3rd quarter of 2023 has revealed that Econet Wireless Zimbabwe extended its market leade...Published: 28 Dec 2023 at 16:36hrs | 21 | by Staff reporter
Zimbabwe transport operators 'fleece' travelling public
ZIMBABWEAN commuters struggling with economic hardships face a double blow this festive season as transport operators have doubled bus fares on some routes, squeezing travellers' already strained budg...Published: 25 Dec 2023 at 09:34hrs | 15 | by Staff reporter
Prices go 'haywire' during Zimbabwe festive season
A FRESH wave of price increases on basic goods and services has dampened the festive mood, stealing the cheer away from the majority of the country's citizens already struggling to make ends meet....Published: 15 Dec 2023 at 07:30hrs | 1 | by Staff reporter
Zimbabweans stampede for passports ahead of new shock fees kicking in from January
Hundreds of people have besieged passport offices at Makombe Building in Harare to try and secure the travel documents ahead of hiked fees announced in the 2024 national budget, which take effect begi...Published: 05 Dec 2023 at 20:25hrs | 14 | by Staff reporter
Landlord jailed for assaulting tenant
A-37-YEAR-OLD Bulawayo man was on Friday sentenced to nine months in jail by magistrate Themba Chimiso after being found guilty of assaulting a tenant following a dispute over a rental increase....Published: 14 Nov 2023 at 04:47hrs | 12 | by Staff reporter
More painful petrol, diesel hikes in South Africa
Motorists can expect hikes of over R1 for all grades of fuel from Wednesday.The unleaded petrol price (95) will be hiked by R1.14 a litre, while 93 will be increased by R1.08. Diesel (0.05% su...Published: 03 Oct 2023 at 14:27hrs | 2 | by Staff reporter
Zimdollar flips to best currency in the world?
The rebound, driven by new rules that require corporate taxes to be settled in the local currency, are seen easing inflation ahead of next month's general elections.In most countries, the curr...Published: 20 Jul 2023 at 17:27hrs | 3 | by Staff reporter
Nomination fees challenge not urgent, says Court
HIGH Court judge Justice Munamato Mutevedzi has ruled as not urgent an application filed by two opposition candidates seeking a downward review of the nomination fees for candidates seeking to contest...Published: 21 Jun 2023 at 06:22hrs | 2 | by Staff reporter
Econet increases tariffs again
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) hiked data bundles by up to 300 percent."We are reviewing our ZWL data and SMEs bun...Published: 20 Jun 2023 at 08:57hrs | 3 | by Staff reporter
Zimbabweans fear repeat of 2008 inflation as Zimdollar nosedives
Zimbabwean businesses and households are fearing a repeat of the hyperinflation seen more than a decade ago as prices of basic commodities spike after a sharp weakening in the local currency, despite ...Published: 14 Jun 2023 at 18:08hrs | | by Staff reporter
Banks scale back Zimbabwe dollar lending
BANKS have significantly reduced lending in the local currency ever since monetary authorities hiked interest rates last year to prevent rent-seeking behaviour by individuals and corporates, Reserve B...Published: 04 Jun 2023 at 08:29hrs | | by Staff reporter
US credit rating downgraded
China Chengxin International Credit Rating (CCXI) slashed its sovereign credit score for the US by one notch earlier this week, becoming the first among top rating firms to make the move.The l...Published: 27 May 2023 at 19:44hrs | 9 | by Staff reporter
Mnangagwa in panic mode
PRESIDENT Emmerson Mnangagwa has pressed the panic button over galloping prices of basic commodity as he accused retailers of plotting his defeat ahead of the August elections. Retailers last ...Published: 22 May 2023 at 06:40hrs | 2 | by Staff reporter
Zimbabwe industry frets over suspension of import duty
CAPTAINS of industry in Zimbabwe are sweating over the recent suspension of import duty and import value-added tax (VAT) on 10 basic groceries saying this was tantamount to exporting jobs and killing ...Published: 15 May 2023 at 19:01hrs | 2 | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 09 May 2023 at 06:05hrs | 81 | by Staff reporter
Outcry over school fees hike
SCHOOLS open today for the second term with parents and guardians raising concerns over sharp increases in fees amid economic turmoil.The unaffordable fees demanded by schools follow revelatio...Published: 08 May 2023 at 06:13hrs | 3 | by Staff reporter
Zimbabwe parents cry foul over forex fees
SCHOOLS open for the second term of the year today amid high hopes of smooth learning while parents have expressed concern over the increase in prices and fees by some boarding schools, which are now ...Published: 08 May 2023 at 06:10hrs | 25 | by Staff reporter
Curtain comes down on eventful ZITF
THE Zimbabwe International Trade Fair (ZITF) is an annual event that brings together business leaders, innovators, policymakers, and investors from across the globe together.This year's trade ...Published: 30 Apr 2023 at 08:57hrs | 13 | by Staff reporter
Ncube frets over runaway forex rate
FINANCE minister Mthuli Ncube this week threatened to hike Zimbabwe's policy rate beyond 200%, if companies continue to dabble into parallel market activities.The Treasury chief, who spoke dur...Published: 28 Apr 2023 at 07:04hrs | 1 | by Staff reporter
Charumbira in sexual assault storm
POLICE in Masvingo province have opened an indecent assault charge against Chiefs' Council president Fortune Charumbira after he allegedly sexually abused his 27-year-old married niece on two occasion...Published: 18 Apr 2023 at 19:55hrs | 1 | by Staff reporter
Kombis fares now range between $600 and $1 000 for a single trip
COMMUTER omnibus operators in Bulawayo have increased fares in local currency.The new fares range between $600 and $1 000 for a single trip, depending on the time one boards the vehicles and t...Published: 08 Apr 2023 at 10:19hrs | | by Staff reporter
Chief Mugabe installed by Chiwenga
Vice President Constantino Chiwenga yesterday presided over the installation of Mr Matubede Mudavanhu as the 12th substantive Chief Mugabe, where he challenged Zimbabweans to work together with tradit...Published: 07 Apr 2023 at 09:09hrs | 12 | by Staff reporter
Zesa tariffs up 37%
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has effected a second electricity tariff increase within a month, triggering consumer outrage.The new tariffs were effect...Published: 06 Apr 2023 at 06:44hrs | 3 | by Staff reporter
Nust reverts to 2022 fee structure
THE National University of Science and Technology Nust has reverted to fees that were adopted in September 2022 following a student protest on 27 February.The fees that had risen to US$720 dep...Published: 27 Feb 2023 at 15:46hrs | 55 | by Staff reporter
Students shutdown NUST
Students barricaded gates and forced a shutdown of the National University of Science and Technology in Bulawayo on Monday to protest a shock fees increase.The university later abandoned the n...Published: 27 Feb 2023 at 15:33hrs | 5 | by Staff reporter
Zinara hikes Z$ toll fees
THE Zimbabwe National Road Administration (Zinara) has hiked toll fees in local currency with effect from February 1, 2023.In a statement yesterday, Zinara said the toll fees in local currency...Published: 02 Feb 2023 at 08:27hrs | 1 | by Staff reporter
UZ barred from fees hike
THE feud between University of Zimbabwe (UZ) and its students has taken a new twist with High Court judge, Justice Tawanda Chitapi, ordering the former not to withhold the former's results on acc...Published: 22 Jan 2023 at 13:02hrs | | by Staff reporter
Zimbabwe hotels fully booked in main tourist destinations
THE Zimbabwe Tourism Authority (ZTA) says most hotels are fully booked in key tourist destinations, which has seen a significant increase in business during this festive season.The tourism ind...Published: 27 Dec 2022 at 06:50hrs | 14 | by Staff reporter
Re-emerging of kombis
The re-emergence of commuter omnibuses (kombis) has been on the rise across the nation despite them being banned in preference to registered Zimbabwe United Passengers (ZUPCO) vehicles.Kombis ...Published: 21 Dec 2022 at 14:01hrs | 2 | by Tarisai Mudahondo
Reserve Bank of Zimbabwe keeps bank rate at 200%
THE Reserve Bank of Zimbabwe (RBZ) has kept its bank policy rate at 200 percent after its Monetary Policy Committee (MPC) expressed satisfaction with how the current tight monetary policy stance has h...Published: 06 Dec 2022 at 04:58hrs | 2 | by Staff reporter
Mine fatalities spike in Zimbabwe
MINE fatalities have risen 37% in the year to date with 67 people having perished in mine-related accidents as mining firms, facing funding challenges, are bypassing protocols.On the other han...Published: 02 Dec 2022 at 19:31hrs | 3 | by Staff rteporter
Zimbabwe starts disbursement of 4 500 small gold coins
THE Reserve Bank of Zimbabwe (RBZ) will tomorrow start disbursing 4 500 smaller units of Zimbabwe's Mosi-oa-Tunya gold coins to banks ahead of planned release of the bullion coins in the market on Tue...Published: 10 Nov 2022 at 04:54hrs | 2 | by Staff reporter
Zupco fare hike a harbinger of what lies ahead
THESE are, indeed, interesting times.The State-controlled Zimbabwe United Passenger Company (Zupco) last week hiked its fares as well as the exchange rate for all its routes. This increase com...Published: 08 Nov 2022 at 05:07hrs | | by Staff reporter
Load More Stories
