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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: 8 hrs ago | 355 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 574 | by Tendai Ruben Mbofana
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1718 | by Ifeanyi Abraham
Harare's water supply under threat
A recent study has highlighted a rising environmental threat to Harare's primary water source, Lake Chivero, with increasing algal growth potentially compromising the capital city's water quality and ...Published: 06 Nov 2024 at 07:02hrs | 222 | by Staff reporter
Zimbabwe's ZimSat-2 satellite launches
HARARE - Zimbabwe's agricultural landscape, mineral exploration capabilities, and urban planning efforts received a transformative boost yesterday as the country's second earth observation satellite, ...Published: 06 Nov 2024 at 06:48hrs | 129 | by Staff reporter
Zimbabwe sees 33% drop in media freedom violations, MISA reports
The Media Institute of Southern Africa (MISA) Zimbabwe has reported a significant reduction in media freedom violations in Zimbabwe, with recorded incidents dropping from 24 in 2022 to 16 in 2023 - a ...Published: 05 Nov 2024 at 08:20hrs | 101 | by Staff reporter
Zimbabwe launches second space satellite
Zimbabwe is set to launch its second earth observation satellite, ZimSat-2, on Tuesday, marking a significant milestone in the nation's growing space program. The satellite will be launched from Vosto...Published: 03 Nov 2024 at 10:02hrs | 368 | by Staff reporter
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 89 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 296 | by Staff reporter
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
Strive Masiyiwa among Top 10 richest black people in the world
Systemic injustice, colonial exploitation, and economic marginalization have plagued Africa and the Black population for centuries. This narrative is challenged by the emergence of black billionaires,...Published: 14 Oct 2024 at 08:18hrs | 887 | by Staff reporter
USD salary rise, bonus for Zimbabwe civil servants
The Treasury has earmarked substantial funds to increase the remuneration of government employees, with a particular focus on raising the US dollar salary component. This move aims to cushion workers ...Published: 06 Oct 2024 at 10:01hrs | 1629 | 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
Zimbabwe's month-on-month inflation surges to 5.8% in September
Zimbabwe's month-on-month inflation rate accelerated to 5.8% in September, a sharp rise from 1.4% in August, according to the latest data from the Zimbabwe National Statistics Agency (ZimStat). The in...Published: 30 Sep 2024 at 07:41hrs | 344 | by Staff reporter
Zimbabwe struggles to meet SDGs
Zimbabwe is grappling with significant development challenges that hinder progress toward the United Nations Sustainable Development Goals (SDGs). This was highlighted during the Zimbabwe United Natio...Published: 27 Sep 2024 at 08:25hrs | 40 | 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 ranks top on misgovernance
Zimbabwe has been highlighted for all the wrong reasons, with three research think-tanks ranking the country as the worst in governance, corruption, and human rights violations. A recent report by Wor...Published: 20 Sep 2024 at 08:01hrs | 210 | by Staff reporter
PRAZ, NCC signs a prescriptive pricing diagnosis deal
The Procurement Regulatory Authority of Zimbabwe (PRAZ) and National Competitiveness Commission (NCC) have agreed to create and collaborate in developing a National Market Price List (NMPL) for common...Published: 19 Sep 2024 at 20:46hrs | 608 | by Gideon Madzikatidze/ Simbarashe Sithole
WATCH: Kingdom Blue faces complaints over unpaid dues
Kingdom Blue, a prominent company known for its services in [specific industry], is facing growing discontent among its customers as reports of unpaid dues and unresolved grievances continue to surfac...Published: 17 Sep 2024 at 11:00hrs | 1689 | by Staff reporter
You can't rig suffering Zimbabweans, Mr. Mnangagwa!
The debate rages on as to President Emmerson Dambudzo Mnangagwa's true intentions regarding his stay in power. Is he stepping down as demanded by the country's Constitution at the end of his t...Published: 08 Sep 2024 at 20:04hrs | 1012 | by Tendai Ruben Mbofana
Rupert overtakes Dangote as Africa's richest man under Ramaphosa's watch
Johann Rupert, the South African businessman, has overtaken Aliko Dangote as Africa's richest man.This was according to the latest information from the Bloomberg Billionaires Index.Rup...Published: 01 Sep 2024 at 18:57hrs | 1392 | by Staff reporter
Building a formidable business amid economic downturns
Businesses face declines in sales and profits during economic downturns. While some businesses during this period fail, some do not only thrive but instead become more formidable. Many of the ...Published: 29 Aug 2024 at 16:01hrs | 153 | by Staff Reporter
Zimbabwe's monthly inflation rises by 0,4%
In August 2024, Zimbabwe experienced a monthly inflation rate of 0.4%, up from - 0.1% in July. This increase was attributed to fluctuations in the parallel market exchange rate, which affected local c...Published: 27 Aug 2024 at 08:13hrs | 243 | by Staff reporter
A guide to playing popular non-GamStop Casino Games
The number of online casino games is constantly growing, and players can find everything they need and a bit more. Exploring all the content is truly impossible since novelties appear regularly. While...Published: 19 Aug 2024 at 22:28hrs | 77 | by Staff Reporter
Most Popular Luxury Watch Brands in 2024
Luxury watches have long been revered as the epitome of craftsmanship, innovation, and style. For enthusiasts and collectors, they represent more than just a means to tell time - they symbolize status...Published: 19 Aug 2024 at 17:00hrs | 199 | by Staff Reporter
Why does test cricket still captivate fans?
Introduction Few sports can boast the international appeal of cricket, and while other versions of the game might have taken the limelight over the last dec...Published: 16 Aug 2024 at 10:23hrs | 295 | by Staff Reporter
Ways around GamStop absence for Zimbabwean gamblers
Responsible gambling is a widely discussed issue globally, and governments and regulatory authorities actively implement measures to minimise the number of users negatively affected by this risky ente...Published: 16 Aug 2024 at 10:10hrs | 107 | by Staff Reporter
Chamisa wants a political settlement
AS Zimbabwe celebrated Heroes Day, opposition politician Nelson Chamisa (NC) lamented the vast disparities in quality of life and the struggles faced by ordinary citizens.In a wide-ranging int...Published: 13 Aug 2024 at 07:01hrs | 828 | by Staff reporter
Awareness of responsible gambling in Zimbabwe's community
A gambling boom hit the African market in recent years, and Zimbabw...Published: 12 Aug 2024 at 20:00hrs | 221 | by Staff Reporter
How smartphones have changed gaming
You'd be hard-pressed to find someone who doesn't carry a smartphone with them everywhere they go. Smartphones have become an indispensable part of our daily lives and have become much more than tools...Published: 11 Aug 2024 at 11:33hrs | 196 | by Staff Reporter
Morning after pill horror for obese women
THE morning-after pill may not work for overweight or obese women as its effectiveness is affected by body mass index, a medical practitioner has said.Body mass index (BMI) is a measure of bod...Published: 09 Aug 2024 at 07:57hrs | 874 | by Staff reportrer
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1342 | by Staff reporter
'Mnangagwa taking over SADC chairmanship a travesty'
ANC of Ramaphosa ranked 16th most corrupt organisation worldwideIOLCorruption indexes around the world aim to measure the most corrupt businesses, non-profit organisations, and even political ...Published: 31 Jul 2024 at 07:09hrs | 1826 | by Staff reporter
Benefits of Having the Maltese Passport for Retired Footballers
For retired footballers looking to enjoy their golden years, obtaining a Maltese passport can open up a world of opportunities. One of the key benefits of having a Maltese passport is the ability to t...Published: 29 Jul 2024 at 12:16hrs | 523 | by Staff Reporter
As long as ZACC isn't catching the 'big fish' then its work is useless!
The ZACC (Zimbabwe Anti Corruption Commission) has, of late, been bragging over its supposed 'successes'.ZACC commissioner Ndakaripa Hungwe recently told a national anti-corruption indaba in H...Published: 18 Jul 2024 at 15:02hrs | 671 | by Tendai Ruben Mbofana
South African passport weakened
Confirmation of Ireland’s call to remove South Africa from its visa-free list, has significantly weakened the South African passport as it slipped further down the world ranking in the Henley Passpo...Published: 16 Jul 2024 at 13:28hrs | 820 | by Staff reporter
Zimbabwe criticises nonobjective corruption index ranking
The Zimbabwe Anti-Corruption Commission (ZACC) has called on developed countries to aid African nations in combating corruption by providing timely legal assistance and repatriating proceeds of crime....Published: 11 Jul 2024 at 18:27hrs | 25 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 6 | by Staff reporter
Bleak outlook for Zimbabwe's consumers
Inter Horizon (IH) Securities, a prominent financial services firm, has released a sobering report on Zimbabwe's consumer spending patterns for 2024. The analysis paints a bleak picture, attributing t...Published: 07 Jul 2024 at 10:58hrs | 8 | by Staff reporter
The Sentry report on Mutapa Fund is shallow and weak
I had the MISFORTUNE of going through a report prepared and distributed by The Sentry, possibly written by an excitable Nick Donovan. Long story short, the report is shallow and weak. Here is ...Published: 04 Jul 2024 at 16:37hrs | 14 | by MMatigary
Tongaat Hullets slams Zimbabwe's tough fiscal measures
Tongaat Hullets, a listed agriculture and agri-processing firm, has reported on its performance for the period ending March 31, 2024, amidst challenging fiscal measures in Zimbabwe. The compan...Published: 04 Jul 2024 at 10:29hrs | | by Staff reporter
Boost for ZSE as govt suspends tax on stocks
Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sol...Published: 02 Jul 2024 at 06:36hrs | 3 | by Staff reporter
ZiG kills Zimbabwe's inflation
The Zimbabwe Gold (ZiG) has significantly curbed inflation, achieving a zero percent month-on-month inflation rate for June 2024. Presenting the price statistics, Mr. Aluwisio Mukavhi, th...Published: 30 Jun 2024 at 18:15hrs | 5 | by Staff reporter
Zimbabweans should now see it's corruption, not 'sanctions', causing their suffering!
Zimbabweans has been engulfed in a seemingly unending debate as to what is the real source of their two-and-a-half-decade-long suffering.There have been two dominant narratives.Unsurpr...Published: 22 Jun 2024 at 21:50hrs | 10 | by Tendai Ruben Mbofana
ZSE to list on own bourse
The Zimbabwe Stock Exchange (ZSE) is preparing to self-list on its own platform in the upcoming year, marking a significant milestone in its history. This move, aimed at accessing better risk-adjusted...Published: 22 Jun 2024 at 11:37hrs | 1 | by Staff reporter
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | | by Staff reporter
Honouring Africa's top football talents
In my opinion, no continent has produced the range of footballing talent that Africa has, especially over the last 20 years. If you remember watching football back in the mid-noughties, Africa...Published: 18 Jun 2024 at 14:26hrs | 88 | by Sports Reporter
Zimbabwe rated Africa's most expensive economy
Zimbabwe was recently identified as Africa's most expensive country according to a comprehensive study by the African Development Bank (AfDB). The study assessed power purchasing parities (PPPs) and e...Published: 15 Jun 2024 at 11:13hrs | 64 | by Staff reporter
Econet in network upgrade
Econet Wireless Zimbabwe's customers in Manicaland have reported high satisfaction with improved connectivity following a network upgrade from 3G to 4G technology. This upgrade, part of a nati...Published: 05 Jun 2024 at 07:03hrs | 1 | by Staff reporter
Zimbabwe's ZiG knocks down monthly inflation
Zimbabwe's newly introduced currency, the ZiG, has had a notable impact on monthly inflation, reducing it to 0.6%, according to a report by the Zimbabwe National Statistics Agency (Zimstat) released o...Published: 30 May 2024 at 08:57hrs | 9 | by Staff reporter
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