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Gideon Gono's bid to avoid trial flops
Former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono has suffered a setback in his bid to avoid trial in a US$3 million debt case, after the High Court dismissed his latest application for absol...Published: 05 Sep 2025 at 07:39hrs | 1124 | by Staff reporter
Zimbabwe civil servants falling prey to loan sharks
Thousands of Zimbabwean civil servants are falling prey to loan sharks, with some operating through the Salary Service Bureau (SSB) to directly access workers' salaries. A recent survey by Business Ti...Published: 04 Sep 2025 at 08:31hrs | 558 | by Staff reporter
Zimbabwe plans to compel vendors to use POS machines
The government is drafting a legal framework that would compel informal traders to use point-of-sale (POS) machines, in a move aimed at formalising the informal economy and broadening tax revenue coll...Published: 04 Sep 2025 at 07:38hrs | 159 | by Staff reporter
Bosso fraud drama drags on
The trial of former Highlanders CEO Brian Busani Moyo, accused of defrauding the club of US$2 000, has been postponed to September 8 after his lawyer requested additional time to attend to another Hig...Published: 04 Sep 2025 at 07:33hrs | 144 | by Staff reporter
Hwange power station hits record output
Zimbabwe's flagship Hwange Power Station expansion has achieved its highest electricity output since coming online last year, producing 498 million kilowatt hours (kWh) in August, project contractor P...Published: 04 Sep 2025 at 07:26hrs | 97 | by Staff reporter
Organized Crime Syndicates in Southern Africa: We Begin with Our Presidents!
To be politically correct, I will exclude African presidents who have served their citizens with great respect. My article responds to a piece on BYO24 today, which lamented crime syndicates in So...Published: 03 Sep 2025 at 19:36hrs | 563 | by Nomazulu Thata
Mafume calls on developers to meet legal standards
Harare Mayor Jacob Mafume has urged property developers to adhere to legal obligations by delivering fully compliant infrastructure, including roads, sewer systems, and street lighting, in line with s...Published: 03 Sep 2025 at 09:01hrs | 85 | by Staff reporter
Is ZB Life Assurance a trap for exploitation and abuse?
When the powerful prey on the poor and desperate, it ceases to be business and becomes sheer bullying.There is a disturbing trend taking place at ZB Life Assurance, the insurance subsidiary of...Published: 02 Sep 2025 at 16:52hrs | 512 | by Tendai Ruben Mbofana
Mnangagwa set to tie up $533 million railway revamp deal
President Emmerson Mnangagwa on Tuesday met executives of the China Railway Group (CRG) in Beijing to finalise a transformative US$533 million deal to overhaul Zimbabwe's deteriorating railway system,...Published: 02 Sep 2025 at 09:31hrs | 1450 | by Staff reporter
Zimbabwe's amazing story
In most parts of the world, ownership of property and vehicles often comes with years of debt, mortgages and bank loans. Yet in Zimbabwe, a unique economic reality has been created, a culture where ci...Published: 01 Sep 2025 at 16:15hrs | 517 | by Engineer Jacob Kudzayi Mutisi
Ex-Bosso CEO to stand trial over US$2 000 fraud
Bulawayo Magistrate Richard Ramaboea has dismissed an application for discharge by former Highlanders Football Club chief executive officer Brian Busani Moyo, who faces allegations of defrauding the c...Published: 31 Aug 2025 at 09:39hrs | 101 | by Staff reporter
High bank charges hindering financial inclusion in Zimbabwe
High bank charges imposed by local financial institutions are choking financial inclusion in Zimbabwe and running contrary to best practices across the region, a new National Economic Consultative For...Published: 29 Aug 2025 at 06:01hrs | 587 | by Staff reporter
Mutambara calls for standalone AI ministry in Zimbabwe
One of Zimbabwe's foremost academics and artificial intelligence (AI) experts, Professor Arthur Mutambara, has called for the creation of a fully-fledged Ministry of AI, warning that relegating the te...Published: 29 Aug 2025 at 05:53hrs | 613 | by Staff reporter
Mnangagwa's land and irrigation push sparks legal and corruption concerns
President Emmerson Mnangagwa on Monday handed out "title deeds" to 10,000 A1 farmers and launched a US$2 billion irrigation programme, promising to transform small-scale farming into a climate-resilie...Published: 27 Aug 2025 at 23:02hrs | 185 | by Staff reporter
Mnangagwa's title deeds scheme is unconstitutional and farmers risk losing their land
This article serves as a warning to farmers to be cautious today before they regret it tomorrow.President Emmerson Mnangagwa's recent handover of title deeds to 1,000 farmers at Craigengower F...Published: 27 Aug 2025 at 21:40hrs | 176 | by Tendai Ruben Mbofana
President Mnangagwa secures ancestral land and launches Production Booster Kit in Mazowe
President Dr ED Mnangagwa on Monday 25 August 2025, at Craigengower Farm in Mazowe, Mashonaland Central Province, presided over the National Launch of the Production Booster Kit Programme where he als...Published: 27 Aug 2025 at 21:33hrs | 163 | by Maxwell Haitengeswinyika Teedzai
Plot to sideline Chiwenga exposed
President Emmerson Mnangagwa will today preside over an urgent politburo meeting in the absence of Vice-President Constantino Chiwenga, amid renewed efforts to fast-track businessman Kudakwashe Tagwir...Published: 27 Aug 2025 at 06:07hrs | 3348 | by Staff reporter
Mnangagwa dangles US$2 billion loan facility
President Emmerson Mnangagwa has unveiled a US$1.98 billion loan facility to be rolled out over the next decade to help farmers boost productivity and withstand the impacts of climate change through a...Published: 26 Aug 2025 at 07:49hrs | 471 | by Staff reporter
Kariba rehabilitation reaches key milestone
The Zambezi River Authority (ZRA) has achieved a significant breakthrough in the US$294 million Kariba Dam Rehabilitation Project, completing the final leakage test on Sluice 6 of the dam's spillway....Published: 25 Aug 2025 at 07:57hrs | 403 | by Staff reporter
'Mnangagwa should dissolve Cabinet'
Outspoken war veteran Max Mkandla has urged President Emmerson Mnangagwa to dissolve his entire Cabinet and replace it with individuals who remain true to the aims and objectives of Zimbabwe's liberat...Published: 25 Aug 2025 at 06:03hrs | 1111 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 371 | by Staff reporter
How to tell if you are financially ready for franchise ownership
Franchise ownership can be an exciting way to step into entrepreneurship with the support of an established brand. Unlike starting a business from scratch, franchises offer proven systems, training, a...Published: 22 Aug 2025 at 12:56hrs | 124 | by Staff Reporter
The horrors of Gukurahundi and complicity of World Bank and IMF
To put it into perspective, Gukurahundi was characterised by inversion of human rights violations, including torture, disappearances, abductions, sexual molestation, rape, ethnic profiling and arbitra...Published: 20 Aug 2025 at 13:40hrs | 341 | by Dr Gorden Moyo
Artuz warns of Zimbabwe teacher exodus
At least 1 260 teachers are reportedly leaving the profession each month in Zimbabwe, the Amalgamated Rural Teachers Union of Zimbabwe (Artuz) has warned, citing burnout and poor working conditions as...Published: 20 Aug 2025 at 08:55hrs | 88 | by Staff reporter
RBZ to regulate AI in Zimbabwe's banks
The Reserve Bank of Zimbabwe (RBZ) is developing specific rules to regulate the use of artificial intelligence (AI) within the country's financial institutions, signaling a major step toward modernizi...Published: 19 Aug 2025 at 18:30hrs | 147 | by Staff reporter
Harare paid millions on roads that don't exist
Harare faces fresh scrutiny after reports revealed that millions of US dollars were paid for the rehabilitation of 43 roads that were never constructed. A 2019 internal audit confirmed that, despite f...Published: 19 Aug 2025 at 12:08hrs | 1009 | by Staff reporter
High court reopens Sakala lottery feud
The High Court has breathed new life into a bruising family feud over a multimillion-dollar lottery fortune after overturning a default judgment that had handed victory to the estate of the late Agnes...Published: 19 Aug 2025 at 08:59hrs | 412 | by Staff reporter
Ex-bank consultant jailed for US$23,000 fraud
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent lo...Published: 16 Aug 2025 at 13:25hrs | 164 | by Staff reporter
Funds looted in shocking Harare 'ghost projects' scandal
Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried ...Published: 16 Aug 2025 at 13:17hrs | 112 | by Staff reporter
Bosso's transfer delay sparks executive sabotage claims
Highlanders Football Club's last-minute signings on deadline day have raised eyebrows, with insiders suggesting the executive deliberately stalled player acquisitions to undermine interim coaches foll...Published: 15 Aug 2025 at 08:50hrs | 256 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 132 | by Staff reporter
The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 598 | by Staff Reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 211 | by Staff reporter
How to build a safety net fund without feeling overwhelmed
In today's unpredictable financial climate, constructing a safety net fund is crucial to maintaining peace of mind. Many people find themselves turning to options like a ...Published: 12 Aug 2025 at 20:53hrs | 219 | by Staff Reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 463 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 318 | by Staff reporter
UK agrees to return remains of Nehanda, Kaguvi
British authorities have granted Zimbabwe permission to repatriate the remains of First Umvukela war heroes, taken to Europe during the colonial era as war trophies. The decision marks a significant s...Published: 10 Aug 2025 at 10:26hrs | 853 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 132 | by Staff reporter
Zimbabwe parliament fuel allocations under spotlight
A recent audit report by the Auditor General (AG) has exposed troubling irregularities within Parliament's administration, revealing that senior staff may have been allocating themselves over 1,...Published: 10 Aug 2025 at 10:09hrs | 260 | by Staff reporter
Explosive testimony at ex-Highlanders CEO's fraud trial
The fraud trial of former Highlanders Football Club Chief Executive Officer, Brian Busani Moyo, began this week with dramatic revelations after his alleged accomplice, Andrew Mandigora, turned state w...Published: 09 Aug 2025 at 13:21hrs | 486 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 144 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 430 | by Staff reporter
UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 08 Aug 2025 at 08:58hrs | 827 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 138 | by Staff reporter
POSB launches solar, Starlink loan scheme for schools
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, impac...Published: 07 Aug 2025 at 17:25hrs | 431 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 386 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 234 | by Staff reporter
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 460 | by Engineer Jacob Kudzayi Mutisi
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 111 | by Staff reporter
Akashinga Anti-Poaching unit rocked by scandal
The high-profile Akashinga anti-poaching unit is facing a leadership shake-up and internal turmoil following the deaths of two suspected unarmed poachers in December 2024. The fallout has triggered di...Published: 02 Aug 2025 at 13:20hrs | 208 | by Staff reporter
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