Search / Hyper
Russia fires powerful intercontinental ballistic missile in attack on Ukraine
Russia launched an intercontinental ballistic missile during an attack on Ukraine on Thursday, Kyiv's air force said, in the first known use in the war of such a powerful, nuclear-capable weapon with ...Published: 8 hrs ago | 1336 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 12 hrs ago | 599 | by Staff reporter
Mnangagwa should learn from Ramaphosa's mature approach to international recognition
On the global stage, South African President Cyril Ramaphosa has long been an emblem of measured leadership and diplomatic tact, in stark contrast to his counterpart in Zimbabwe, President Emmerson Mn...Published: 21 hrs ago | 451 | by Tendai Ruben Mbofana
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 6715 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1780 | by Staff reporter
Where are communities affected by climate change in Zimbabwe's bloated COP29 delegation?
The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), held in Baku, Azerbaijan, is once again the focal point of global climate discussions. ...Published: 13 Nov 2024 at 22:10hrs | 414 | by Tendai Ruben Mbofana
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3572 | by Tendai Ruben Mbofana
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 663 | by Staff reporter
Botswana to legalise undocumented Zimbabweans
Botswana’s new president has told the BBC that he wants undocumented Zimbabweans to be legalised by granting them temporary work and residence permits."They do jobs that would otherwise not ...Published: 08 Nov 2024 at 05:49hrs | 10622 | by Staff reporter
NATO rival warns of new 'nuclear arms race'
A decision to deploy long-range missiles in Western Europe could trigger a new nuclear arms race, Collective Security Treaty Organization (CSTO) Secretary-General Imangali Tasmagambetov has warned....Published: 07 Nov 2024 at 16:01hrs | 793 | by Staff reporter
Windfall for 33,000 pensioners
The Mining Industry Pension Fund (MIPF) is preparing to compensate pensioners who lost benefits during Zimbabwe's hyperinflationary period between 2006 and 2009. The initiative comes amid reports that...Published: 04 Nov 2024 at 06:49hrs | 4309 | by Staff reporter
A century of resilience: The life of 107-year-old gogo
In the tranquil surroundings of her twilight years, Gogo Liva Moyo, a remarkable 107-year-old, carries with her the weight of a century's history. Residing in Bulawayo's Cowdray Park suburb, Moyo's me...Published: 04 Nov 2024 at 06:44hrs | 307 | by Staff reporter
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 601 | by Ambassador Pamela M. Tremont
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1427 | by Staff reporter
Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 155 | by Michael Badze
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3248 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6185 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5661 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Bulawayo diarrhoea cases surge 700%
The City of Bulawayo has experienced a concerning spike in diarrhoea cases, with approximately 555 reported as of August 2024. This marks a staggering 693% increase from the 370 cases recorded in July...Published: 11 Oct 2024 at 17:58hrs | 320 | by Staff reporter
Open letter to President Mnangagwa
His Excellency Emmerson Mnangagwa President of the Republic of Zimbabwe Dear President Mnangagwa, I hope this letter finds you in good health and spirits. I write to you today ...Published: 08 Oct 2024 at 09:55hrs | 1418 | by Engineer Jacob Kudzayi Mutisi
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2638 | by Staff reporter
BAZ, central bank meet over policy interventions
The Bankers Association of Zimbabwe (BAZ) held a crucial meeting with the Reserve Bank of Zimbabwe (RBZ) governor, Dr. John Mushayavanhu, on Monday to address key policy changes from the Monetary Poli...Published: 03 Oct 2024 at 08:44hrs | 54 | by Staff reporter
Zimbabwe's currency conundrum: Meagre gold reserves can't sustain the ZiG
Today, during his State of the Nation Address (SONA), President Emmerson Dambudzo Mnangagwa announced that the government would set aside 50% mineral royalties to shore up the local currency. ...Published: 02 Oct 2024 at 20:53hrs | 2931 | by Tendai Ruben Mbofana
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3363 | by Tendai Ruben Mbofana
Matabeleland has the highest number of widows in Zimbabwe
A recent government survey has uncovered that Matabeleland North and South provinces have the highest proportions of households headed by widows in Zimbabwe, compared to other regions. The findings, p...Published: 29 Sep 2024 at 11:30hrs | 415 | by Staff reporter
Daisy wanted to shoot Oliver Mtukudzi
Tuku's wife, Daisy, in 2014 revealed sensational secrets about her fights with the superstar, particularly the incident when she wanted to shoot Zimbabwe's international music icon, after he denied pa...Published: 29 Sep 2024 at 10:27hrs | 1698 | by Staff reporter
An Open Letter to Finance Minister Mthuli Ncube
Dear Finance Minister Mthuli Ncube,As you navigate the complexities of Zimbabwe's economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimba...Published: 27 Sep 2024 at 22:51hrs | 841 | by Engineer Jacob Kudzayi Mutisi
Steve Hanke celebrates the demise of Zimbabwe's ZiG
US-based economist and currency expert Steve Hanke has issued a stark warning about Zimbabwe's economic situation, claiming that the country's inflation rate has reached a staggering 880% per year, de...Published: 27 Sep 2024 at 08:28hrs | 21494 | by Staff reporter
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
Zimbabwe urged to ditch 'command' exchange rate
The government of Zimbabwe is facing increasing pressure to abandon its "command" exchange rate for the Zimbabwe Gold (ZiG) currency, introduced in April, as businesses struggle to cope with currency ...Published: 25 Sep 2024 at 09:21hrs | 3966 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 363 | by Staff reporter
Mnangagwa's govt in a fix as ZiG is rejected
The Zimbabwean government's efforts to promote the use of the Zimbabwe Gold (ZWG) currency have hit a major hurdle, as wheat farmers have refused to accept payment in local currency for their deliveri...Published: 18 Sep 2024 at 08:30hrs | 5444 | by Staff reporter
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 408 | by Staff reporter
ZiG exchange premium skyrockets
Leading research firms have raised alarm this week over the ballooning exchange premium for the Zimbabwe Gold (ZiG) currency, with parallels being drawn to the collapse of the Zimbabwe dollar. The rap...Published: 13 Sep 2024 at 16:03hrs | 7515 | by Staff reporter
Zanu-PF panics over ZiG collapse
ZANU-PF spokesperson Christopher Mutsvangwa has expressed alarm over the devaluation of the Zimbabwe Gold currency (ZWG) and is urging President Emmerson Mnangagwa to take decisive action. Mutsvangwa ...Published: 13 Sep 2024 at 08:12hrs | 3502 | by Staff reporter
Bulawayo man reports lawyer to Law Society of Zimbabwe
A Bulawayo resident has lodged a formal complaint alleging severe misconduct and unethical behavior within the legal system, specifically targeting a local lawyer accused of disrupting legal proceedin...Published: 13 Sep 2024 at 08:03hrs | 508 | 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
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9570 | by Staff reporter
Zimbabwe central bank injects US$190 million to meet forex demand
Zimbabwe's central bank has injected US$190 million into the foreign-exchange market to meet demand for dollars and maintain economic stability since the introduction of a new bullion-backed currency,...Published: 03 Sep 2024 at 14:37hrs | 465 | by Staff reporter
Tshinga Dube wary of Mnangagwa's advisers
Outspoken Zanu-PF politburo member Tshinga Dube has warned that citizens should be cautious of those advising President Emmerson Mnangagwa to cling to power, suggesting that such advisors often act in...Published: 02 Sep 2024 at 06:35hrs | 2172 | by Staff reporter
Is Zimbabwe headed for another coup?
This season we are living in, it's not a time for a hairdo. People are perching on the edge of the cliff. There is a loud whisper drifting around, almost like a wish among many. These chaps wi...Published: 01 Sep 2024 at 10:25hrs | 2473 | by Tawanda Majoni
'Sex enhancing drug overdose fatal'
The rising demand for sex enhancement products has put many lives at risk in Zimbabwe, according to a medical expert.In an interview, Dr. Johannes Marisa, President of the Medical and Dental P...Published: 27 Aug 2024 at 08:09hrs | 1382 | by Staff reporter
When dark babies are not good enough
For Ms Ntokozo Gumbo, after successfully achieving her desired complexion following years of investing in skin care to lighten her skin tone, she was disappointed when she gave birth to a baby heavily...Published: 22 Aug 2024 at 07:10hrs | 354 | by Andile Tshuma
Is your Zimbabwe property safe from property hijackers
This is a follow up article of title deeds fraud which I wrote in January 2022 that went viral. There is now a new fraud trend called Property Hijacking happening in South Africa. Property hijacking i...Published: 19 Aug 2024 at 22:32hrs | 764 | by Jacob Kudzayi Mutisi
Girls as young as 10-years-old are having babies in SA
Shocking statistics revealed recently that over 4,000 girls in the Eastern Cape have given birth in the past four months.The Eastern Department of Health (DOH) said 97 of these girls were aged...Published: 18 Aug 2024 at 21:06hrs | 711 | by Staff reporter
The State of Zimbabwe's Education System and the Need for Industrial Placements for Unexperienced Lecturers
Education is often heralded as the cornerstone of national development, a tool that empowers individuals, fosters innovation, and drives economic growth. In Zimbabwe, a nation with a rich history of e...Published: 13 Aug 2024 at 21:35hrs | 179 | by Jacob Kudzayi Mutisi
'Mnangagwa taking over SADC chairmanship a travesty'
Zimbabweans living abroad have expressed concerns over the Southern African Development Community's (SADC) lack of action against President Emmerson Mnangagwa for leading what they consider an "illegi...Published: 31 Jul 2024 at 07:08hrs | 569 | by Staff reporter
Malema's EFF hits back at Ramaphosa
The EFF has hit back at President Cyril Ramaphosa's statement, saying he failed to address "pressing issues" they had brought up during the opening of Parliament debate.The Red Berets' respons...Published: 25 Jul 2024 at 07:38hrs | 586 | by Staff reporter
Load More Stories
