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Zimbabweans will always suffer as long as we rely on politicians for change
Over the past two and a half decades, the country has faced unprecedented economic challenges, from record-breaking hyperinflation and extreme poverty to massive deindustrialization and soaring unempl...Published: 19 Dec 2024 at 12:41hrs | 212 | by Tendai Ruben Mbofana
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 505 | by Staff reporter
Seasonal spike in smuggling and illegal crossings along Limpopo river
Communities along the Limpopo River, near Musina on the border between South Africa and Zimbabwe, are witnessing a seasonal surge in illegal crossings and smuggling as the riverbed dries. This phenome...Published: 13 Dec 2024 at 12:53hrs | 116 | by Staff reporter
Pick n Pay shuts first hyper market
Pick n Pay has quietly shut one of its Hypermarkets, the store known as Hyper Vaal. This is the first Hypermarket that has closed in the country.It is located in the Bedworth Centre, on ...Published: 11 Dec 2024 at 06:10hrs | 1551 | by Staff reporter
Are Zimbabwean immigrants a liability or asset to South Africa
Last Friday, Leon Schreiber, South Africa's Minister of Home Affairs, announced the extension of the Zimbabwe Exemption Permits (ZEP) until 28 November 2025, regardless of whether individuals have app...Published: 03 Dec 2024 at 10:06hrs | 691 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 81 | by Willias Madzimure
It's time real patriotic Zimbabweans stood up against the destruction of their country
It never rains but pours for the people of Zimbabwe.This month, the Zimbabwean government failed to pay its civil servants their full salaries-a disgraceful development that underscores the de...Published: 28 Nov 2024 at 15:12hrs | 161 | by Tendai Ruben Mbofana
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 367 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 211 | by Staff reporter
Salesman arrested for US$38,000 fraud
A sales assistant from Bulawayo, Samuel Chifana, appeared before Harare Magistrate Dennis Mangosi on Friday facing allegations of fraud amounting to over US$38,000. Chifana (31), who works at Hyperfee...Published: 24 Nov 2024 at 10:17hrs | 627 | by Staff reporter
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
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: 21 Nov 2024 at 10:20hrs | 2255 | 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: 21 Nov 2024 at 06:35hrs | 1893 | 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: 20 Nov 2024 at 21:14hrs | 500 | 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 | 7666 | 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 | 1830 | 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 | 418 | 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 | 3633 | 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 | 666 | 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 | 10692 | 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 | 4327 | 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 | 603 | 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 | 1433 | 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 | 156 | 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 | 3253 | 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 | 6190 | 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 | 5665 | 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 | 330 | 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 | 1428 | 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 | 2670 | 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 | 56 | 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 | 2936 | 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 | 623 | 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 | 3366 | 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 | 417 | 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 | 1705 | 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 | 842 | 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 | 21524 | 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 | 3970 | 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 | 366 | 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 | 5451 | 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 | 6500 | by Staff reporter
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