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Tungwarara's world crumbles, war vets bribes face backlash
Controversial Presidential advisor, Paul Tempter Tungwarara's temptation to bribe veterans of the liberation struggle has faced criticism when he recently...Published: 17 Feb 2025 at 22:11hrs | 2432 | by Gideon Madzikatidze
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 | 249 | by Staff reporter
The push for Mnangagwa's term extension is a threat to national unity and development
In recent years, President Emmerson Mnangagwa has repeatedly called for unity among Zimbabweans. On paper, this is a noble and constructive appeal. A united nation, working collectivel...Published: 14 Feb 2025 at 12:09hrs | 549 | by Tendai Ruben Mbofana
Can money buy Mnangagwa a third term?
Zimbabwe's political arena has always been fraught with power struggles and factional battles, but the current succession war between President Emmerson Mnangagwa and Vice President Constantino Chiwen...Published: 14 Feb 2025 at 11:37hrs | 384 | by Staff reporter
Zimbabwe in massive maize, wheat imports
Zimbabwe has imported 1.3 million metric tonnes of maize and wheat through the private sector to alleviate ongoing shortages caused by poor land utilisation, lack of funding, inadequate farming capaci...Published: 12 Feb 2025 at 11:21hrs | 176 | 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 | 733 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6400 | by Staff reporter
In memory of Sam Nujoma: A patriot who built Namibia while his fellow liberators turned into tyrants
It's another sad day for Africa! The death of Namibia's founding president, Sam Nujoma, at the age of 95 years, marks the passing of a man whose legacy transcends national borders. A r...Published: 10 Feb 2025 at 23:02hrs | 335 | by Tendai Ruben Mbofana
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1154 | by Tendai Ruben Mbofana
Extending Mnangagwa's term through corruption and patronage
AS Zimbabweans grapple with economic hardships, skyrocketing inflation, and a deteriorating healthcare system, Zanu-PF is once again prioritising its grip on power over the welfare of the people....Published: 10 Feb 2025 at 06:40hrs | 659 | by Political Correspondent
RBZ predicts inflation to trend down in 2025
The Reserve Bank of Zimbabwe (RBZ) is optimistic about continued inflation moderation, forecasting the monthly inflation rate to average 3% or less in 2025. The central bank expects the annual inflati...Published: 10 Feb 2025 at 06:31hrs | 171 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 895 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 391 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Mnangagwa touches off storm over US deportations
President Emmerson Mnangagwa has caused a stir after publicly backing United States President Donald Trump's decision to deport over 500 undocumented Zimbabweans, as part of the Trump administration's...Published: 06 Feb 2025 at 08:19hrs | 705 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1625 | by Staff reporter
Kangai's first widow awarded US$345 000 share from estate
Ms. Esther Chatindo, the first widow of Zimbabwean national hero Kumbirai Manyika Kangai, has been awarded US$345,750 in maintenance from his estate, marking the end of a decade-long battle for recogn...Published: 05 Feb 2025 at 11:40hrs | 146 | by Staff reporter
WATCH: Mnangagwa surrounded by a lot of criminals
Ethan Andreas Mathibela, chairperson of the Zimbabwe National Liberation War Veterans Association, has raised serious allegations against individuals surrounding President Emmerson Mnangagwa, accusing...Published: 04 Feb 2025 at 19:19hrs | 2922 | by Staff reporter
Zimbabwe's inflation surges to 11.6% in January 2025
Zimbabwe's weighted month-on-month inflation rate surged by 10.5 percentage points in January 2025, reaching 11.6 percent from 1.1 percent in December 2024, according to figures released by the Zimbab...Published: 30 Jan 2025 at 06:38hrs | 97 | by Staff reporter
Delta challenges US$73 million tax assessments by ZIMRA
LISTED beverages giant, Delta Corporation Limited, is contesting tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA) for amounts the company believes should have been payable exclusively ...Published: 30 Jan 2025 at 06:38hrs | 279 | by Staff reporter
Zimbabwe inflation rises sharply in January
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices.In dollar terms inflation accelerated to 14.6% year on year a...Published: 28 Jan 2025 at 21:53hrs | 1336 | by Staff reporter
ZANU-PF factional wars finally admit the party's role in Zimbabwe's suffering
Whenever fierce power struggles rear their ugly heads amongst the ruling ZANU-PF leadership, there's always one thing that intrigues me. In order to outdo one another, the rival factions resor...Published: 28 Jan 2025 at 18:03hrs | 1094 | by Tendai Ruben Mbofana
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1077 | by Staff reporter
What the hack is an 'upper middle-income society', Mr. Mnangagwa?
Let's be careful of trickery. When President Emmerson Mnangagwa began his first five-year term in 2018, he introduced an economic program called "Vision 2030." This vision promised Zim...Published: 27 Jan 2025 at 18:02hrs | 720 | by Tendai Ruben Mbofana
Zimbabwe's high economic growth rate actually shows a struggling economy
The government of Zimbabwe has consistently paraded the positive economic growth rate experienced over the past few years as a sign of a robust and thriving economy. To bolster its narrative, ...Published: 19 Jan 2025 at 12:23hrs | 435 | by Tendai Ruben Mbofana
ZiG scarcity has eased exchange rate depreciation
The limited availability of Zimbabwe Gold (ZWG) currency has helped ease exchange rate depreciation on the parallel market, although US dollar demand pressures have continued to push premiums higher t...Published: 16 Jan 2025 at 07:17hrs | 3092 | by Staff reporter
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 278 | by Staff reporter
Farm tour signals Zanu-PF's strategy for Mnangagwa's term extension
The recent tour of Precabe Farm by legislators is being interpreted by political observers as an effort to show loyalty to President Emmerson Mnangagwa and to pledge their readiness to facilitate his ...Published: 14 Jan 2025 at 14:16hrs | 207 | by Staff reporter
Support ZANU-PF at your own risk as it will eat even its own children
Can ZANU-PF ever be trusted? The heart-wrenching letter from the headmaster of Stoneridge Park Primary School in Harare South Constituency exposes an unsettling reality about Zimbabwe's ruling...Published: 07 Jan 2025 at 16:11hrs | 1228 | by Tendai Ruben Mbofana
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
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3079 | by Staff reporter
ZCTU declares 2024 'annus horribilis' for workers, govt showdown looms
The Zimbabwe Congress of Trade Unions (ZCTU) has sharply criticized the government for what it describes as an "annus horribilis" for workers, outlining a series of grievances that have left the labor...Published: 23 Dec 2024 at 05:54hrs | 605 | by Staff reporter
CCC, Zanu-PF MPs pass Mthuli Ncube's budget
The 2025 National Budget, designed to drive economic growth, enhance social protection, and build resilience, was passed by Parliament last Thursday after intensive debate that stretched into the earl...Published: 23 Dec 2024 at 05:41hrs | 278 | by Staff reporter
Mnangagwa's third term bid is worsening the suffering of Zimbabweans
President Emmerson Mnangagwa's ambition to extend his stay in power beyond the constitutional two-term limit has taken center stage in Zimbabwean politics, overshadowing the real issues plaguing the c...Published: 23 Dec 2024 at 00:59hrs | 305 | by Tendai Ruben Mbofana
Why Zimbabwe's push for youth entrepreneurship is misguided
The Zimbabwean government's recurring call for recent college graduates to become entrepreneurs instead of seeking employment is a glaring abdication of responsibility. In a country where mill...Published: 23 Dec 2024 at 00:57hrs | 159 | by Tendai Ruben Mbofana
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
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 | 222 | by Tendai Ruben Mbofana
A desperate government goes door to door
Zimbabweans are grappling with one of the highest tax burdens in the world, facing exorbitant charges for government services that only seem to increase. In a startling turn of events, According to Th...Published: 19 Dec 2024 at 11:02hrs | 927 | by Engineer Jacob Kudzayi Mutisi
Concerns mount over devolution fund shortfalls in Zimbabwe
The government's failure to meet the five percent constitutional threshold for devolution funding since 2019 has sparked widespread criticism. From its inception to 2023, the Inter-Governmental Funds ...Published: 17 Dec 2024 at 15:00hrs | 400 | by Staff reporter
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
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2152 | by Staff reporter
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 | 512 | 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
Minister Mthuli's Anaconda Choke on the Informal Sector Marks the End of Zanu PF Rule
Zimbabwe's Minister of Finance, Mthuli Ncube, has taken drastic measures to clamp down on the informal sector, a move being described as an "anaconda chok...Published: 13 Dec 2024 at 19:15hrs | 1794 | by Kindred Sibanda
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 | 127 | by Staff reporter
Bulawayo City Council forced to revise 2025 budget
Following a heated meeting with business representatives, residents' associations, and other key stakeholders, the Bulawayo City Council (BCC) has been compelled to revise its proposed 2025 budget. Th...Published: 13 Dec 2024 at 09:32hrs | 135 | by Staff reporter
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