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Mnangagwa's UAE investment adviser swindled Indian man $2.3 million
In a shocking revelation, Tempter Paul Tungwarara, the investment adviser to President Emmerson Mnangagwa for the United Arab Emirates, has been accused of swindling an Indian investor, Razaa Jishan, ...Published: 15 mins ago | 17 | by Staff reporter
RBZ dismisses fake news of POSB sale
The Governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, has dismissed claims that the People's Own Savings Bank (POSB) is up for sale. This follows reports suggesting that the state-own...Published: 22 Feb 2025 at 09:24hrs | 117 | by Staff reporter
Khaya Cement to de-list on ZSE
KHAYA cement is set to de-list on the Zimbabwe Stock Exchange (ZSE) as part of the resuscitation strategy amid indications that the major shareholder, Fossil Mines, will sale its shares at a loss as s...Published: 19 Feb 2025 at 20:21hrs | 370 | by Staff Reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 485 | by Marilyn Mutize
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1340 | by NewsHawks
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
Bosso omitted ex-coach debt in its financials
Highlanders chairman Kenneth Mhlophe has revealed that the club did not include its debt to former coach Baltemar Brito in its financial statements at the annual general meeting on January 26. This om...Published: 13 Feb 2025 at 16:30hrs | 452 | by Staff reporter
Zimbabwe begins compensation of BIPPA protected ex-white farmers
Finance and Investment Promotion Minister Mthuli Ncube has announced the commencement of compensation payments to farmers under a US$20 million facility allocated in the 2024 National Budget. The paym...Published: 12 Feb 2025 at 06:41hrs | 773 | by Staff reporter
Zimbabwe's gold coins sell for record $3,000 as bullion surges
Zimbabwe's gold coins sold above $3 000 for the first time since they were introduced almost three years ago as the price of bullion surged.The 22-carat "Mosi-Oa-Tunya" gold coins, named after...Published: 12 Feb 2025 at 06:39hrs | 734 | by Staff reporter
Old Gwanda Road works to move 24 graves
A groundbreaking ceremony attended by Government ministers, traditional leaders, and community members has marked the official start of construction work on the Old Gwanda Road. The $110 million Publi...Published: 09 Feb 2025 at 11:23hrs | 215 | by Staff reporter
BCC forges ahead with privatisation of water
The Bulawayo City Council (BCC) has proposed the establishment of a corporate water utility company as a critical step toward addressing the city's aging water and sewer infrastructure, which requires...Published: 08 Feb 2025 at 12:37hrs | 216 | by Staff reporter
Comrade Geza, swapping Mnangagwa for Chiwenga will change nothing; most war veterans will remain poor as a church mouse
"Isu hatina kusafira vanhu vemezvibvindo. Takasafira povo yanetsva nevarungu. Ndiyo yavakusupwa nesu nhasi!" (We did not suffer for the few ruling elite. We suffered to free povo who were suffering fr...Published: 07 Feb 2025 at 20:37hrs | 2404 | by Wilbert Mukori
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 141 | by Staff reporter
Will SA become the next Zimbabwe with Expropriation Act?
The signing of the Expropriation Act into law has been one of the most topical subjects of 2025 so far, with the recently elected US President Donald Trump taking aim at the law on Monday, sending the...Published: 06 Feb 2025 at 09:08hrs | 752 | by Staff reporter
Foreign companies must comply with Zimbabwe's labour laws
Zimbabwe must strengthen the enforcement of its labour laws to safeguard local workers employed by foreign businesses, particularly Chinese-owned mining firms, according to Dr. Wayne Malinga, a senior...Published: 05 Feb 2025 at 15:40hrs | 719 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2001 | by Staff reporter
Time ticking out for Mnangagwa
2025 is going to be a very busy year in Zimbabwe politically, socially, and economically.There are really fundamental concerns that are gaining centre stage in the political sector, to be spec...Published: 31 Jan 2025 at 16:08hrs | 2183 | by Leonard Koni
African countries urged to resist pressure to abandon fossil fuels
Developed nations should not pressure Zimbabwe and other African countries to abandon fossil fuels, as alternative energy sources remain costly and could hinder economic growth, Russian energy expert ...Published: 31 Jan 2025 at 07:28hrs | 113 | by Staff reporter
Dr. Tungwarara's call for repression is a betrayal of Zimbabwe's struggle
I was left utterly speechless when I stumbled upon a news report in The Herald, the state-controlled daily newspaper.In it, Dr. Paul Tungwarara, the Special Presidential Investment Advisor to ...Published: 30 Jan 2025 at 22:29hrs | 678 | by Tendai Ruben Mbofana
'Attack on Mnangagwa could harm Zimbabwe economy'
Presidential adviser Paul Tungwarara has warned that the recent attack on President Emmerson Mnangagwa by war veterans could have serious consequences for Zimbabwe's economy, potentially undermining e...Published: 30 Jan 2025 at 07:01hrs | 3479 | by Staff reporter
Tungwarara criticizes attacks on Mnangagwa
Dr. Paul Tungwarara, Special Presidential Investment Advisor to the United Arab Emirates and a prominent businessman, has strongly condemned recent attacks on President Emmerson Mnangagwa by a faction...Published: 30 Jan 2025 at 06:57hrs | 259 | by Staff reporter
Come 2031, what if Zimbabwe is still a failed state - proof vision 2030 was a mirage. What then Mnangagwa?
There are some things we can debate and argue over and even agree to disagree. There are others we should not even discuss because they are obvious and beyond dispute. The right of every Zimbabwean to...Published: 29 Jan 2025 at 19:43hrs | 524 | by Wilbert Mukori
Zimbabwe govt okays US$110m Old Gwanda Road upgrade
The Government of Zimbabwe has signed a concession agreement with Zwane Enterprises (Pvt) Ltd for the reconstruction of the 120km Old Gwanda Road under a Public-Private Partnership (PPP).The p...Published: 29 Jan 2025 at 08:42hrs | 267 | by Staff reporter
So a president simply needs to declare a 'vision' and he becomes eligible for a term extension!
The attack on Zimbabwe's Constitution continues! Yesterday, I listened with a mixture of astonishment and concern as Daniel Garwe, Zimbabwe's Minister of Local Government and ZANU-PF Mashonala...Published: 26 Jan 2025 at 12:13hrs | 882 | by Tendai Ruben Mbofana
Chinese man arrested for shooting Zimbabwean man in Filabusi
A Chinese national has been arrested for allegedly shooting a 20-year-old Zimbabwean man, Mthandazo Sibanda, in Filabusi on January 22, 2025. The incident reportedly occurred at Binyup 5 Mine, where S...Published: 25 Jan 2025 at 15:42hrs | 675 | by Staff reporter
It's time to kick exploitative Chinese out of Zimbabwe!
Zimbabwe is a colony once again!It is time for Zimbabweans to confront the uncomfortable reality of Chinese exploitation in the country. Recent incidents have revealed the horrifying e...Published: 24 Jan 2025 at 08:31hrs | 1109 | by Tendai Ruben Mbofana
Chinese miner pulls gun on worker demanding overdue wages
A violent altercation at a Chinese-owned mining company in Gweru on January 21 has sparked outrage on social media, with renewed calls for action against Chinese investors accused of exploiting local ...Published: 24 Jan 2025 at 07:26hrs | 194 | by Staff reporter
Foreign investment interest in Zimbabwe remains strong
Foreign investor interest in Zimbabwe continues to grow, with 200 investment licences issued in the fourth quarter of 2024, according to the latest report by the Zimbabwe Investment Development Agency...Published: 24 Jan 2025 at 07:24hrs | 66 | by Staff reporter
Zanu-PF gears for referendum
ZANU-PF is preparing to amend the Constitution and mobilize its members to resoundingly vote in favor of the amendment in a referendum to extend President Emmerson Mnangagwa’s term until 2030, Justi...Published: 20 Jan 2025 at 10:53hrs | 657 | by Staff reporter
Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 83 | by Staff reporter
Precab farm engagement and my thoughts on the proposed extension of the term of office for President Emmerson Mnangagwa
Last weekend, President Emmerson Mnangagwa's family hosted Zanu PF officials and other political figures at its Precab Farm in Kwekwe where, mainly, the business of the day was the touring of the farm...Published: 18 Jan 2025 at 13:12hrs | 805 | by Innocent Ndibali
Zimbabwe based Bulgarian up for vehicle theft
The bail hearing for 33-year-old Bulgarian investor Adam Markov, arrested on charges of stealing and smuggling a Jeep Cherokee from South Africa, is set for today.Markov was apprehended by det...Published: 13 Jan 2025 at 07:10hrs | 376 | by Staff reporter
China's meddling in Zimbabwe's internal politics unwelcome and against international law
China's actions in Zimbabwe are becoming increasingly disturbing, with its flagrant interference in the country's internal political affairs going beyond what is acceptable under international law. ...Published: 12 Jan 2025 at 23:11hrs | 589 | by Tendai Ruben Mbofana
Zimbabwe: A Nation rich in resources, yet reliant on aid from the miners of its wealth
Zimbabwe, a nation blessed with abundant natural resources, finds itself in a peculiar paradox: hosting foreign investors to exploit its gold, diamonds, and lithium while simultaneously relying on foo...Published: 11 Jan 2025 at 09:04hrs | 560 | by Ndou Paul
Zimbabwe explores nuclear energy solutions
Zimbabwe is collaborating with the International Atomic Energy Agency (IAEA) and Russian investors to introduce nuclear energy as a solution to the country's persistent power shortages, government off...Published: 01 Jan 2025 at 20:48hrs | 828 | by Staff reporter
Zimborders hikes vehicle toll fees at Beitbridge
Zimborders Consortium, the entity managing the Beitbridge Border Post, has announced that it will be increasing access toll fees for commercial vehicles starting February 1, 2025. The fee hikes will a...Published: 29 Dec 2024 at 08:56hrs | 2110 | by Staff reporter
Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 22 Dec 2024 at 11:13hrs | 798 | by Staff reporter
British investor bid to seize 450 cattle flops
British investor Boustead Beef has lost its High Court bid to claim 420 head of cattle or the equivalent of US$193,660 from Triangle Limited as compensation for leasing properties belonging to the Col...Published: 22 Dec 2024 at 11:11hrs | 1197 | by Staff reporter
Mnangagwa calls for unity in ZANU-PF
In a digital age where accessibility to government services online is vital, several government websites have been facing significant downtime, raising concerns about the ease of doing business in Zim...Published: 20 Dec 2024 at 11:12hrs | 87 | by Staff reporter
Festive Crackdown or Festive Crisis? How Mthuli Ncube's Policies Punish the Poor
The Zimbabwean government, under the stewardship of Finance Minister Mthuli Ncube, has launched a door-to-door crackdown to confiscate smuggled goods. This initiative, introduced during the festive se...Published: 20 Dec 2024 at 10:09hrs | 154 | by Kindred Sibanda
Open Letter: Meikles Board of Directors
Board of Directors Meikles Limited Block 4 Tendeseka Park Renfrew Road & Samora Machael Eastlea South Harare Zimbabwe Dear remaining Members of the Board, I...Published: 19 Dec 2024 at 12:32hrs | 405 | by Engineer Jacob Kudzayi Mutisi
UK Labour Government throws its weight behind Nelson Chamisa
A senior politician within Nelson Chamisa's Citizens Coalition for Change (CCC) group has disclosed that the British Labour government is providing robust support to the opposition leader, ensuring hi...Published: 18 Dec 2024 at 15:59hrs | 6068 | by George Tshuma
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 2003 | by Tendai Ruben Mbofana
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 1048 | by Innocent Mujeri
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 455 | by Agencies
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2155 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 193 | by Staff reporter
As the curtain comes down
Zimbabwe is a sun-drenched country in Southern Africa, some fifteen to twenty degrees South of the Equator. It's Central Plateau and Eastern Highlands are high, full of botanical flowers, trees, rocks...Published: 11 Dec 2024 at 19:46hrs | 303 | by Leonard Koni
South Africa introduces 'deportation buses'
The Minister of Home Affairs, Leon Schreiber, announced on 11 December 2024 that the department has introduced deportation buses for illegal immigrants who do not comply with immigration laws....Published: 11 Dec 2024 at 15:05hrs | 2922 | by Staff reporter
Zimbabwe wants 26% free-carry stake in new mining projects
Zimbabwe is planning to hold 26% of new mining projects on a free-carry basis, and will also negotiate with existing operators to acquire a similar stake."We need to move to a level where we r...Published: 11 Dec 2024 at 13:31hrs | 229 | by Staff reporter
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