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45 years of Zanu PF misrule have been 'season of darkness' and even darker years ahead if 2028 elections are postpone
Zimbabwe is one of the world's suppliers of cheap labour and our contribution is not always appreciated.I was talking to a Zimbabwean Doctor who has worked in SA. His pay and working condition...Published: 14 hrs ago | 397 | by Wilbert Mukori
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 1396 | by Staff reporter
'Zimbabwe banks can't seize farmers' land'
The introduction of bankable title deeds for State-owned land will not result in financial institutions seizing control of land or reverse the gains of Zimbabwe's Land Reform Programme, according to M...Published: 16 Jan 2025 at 07:04hrs | 501 | by Staff reporter
'Banks can't seize farmers' land,' says Tagwirei
The recently introduced bankable deeds for state-owned land will not result in banks seizing control of large tracts of land, or in a de facto or de jure reversal of the Land Reform Programme....Published: 15 Jan 2025 at 20:05hrs | 996 | by Paul Ndou
RBZ unveils another 'looting scheme'
The Reserve Bank of Zimbabwe (RBZ) has introduced the Targeted Finance Facility (TFF) with an aim to provide affordable credit to key productive sectors such as agriculture, manufacturing, and mining....Published: 11 Jan 2025 at 08:20hrs | 1145 | by Staff reporter
ZANU-PF feverish defence of Chinese looting proves Zimbabwe now a colony!
A few days ago, renowned economist and former member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee, Eddie Cross, made some interesting revelations. He claimed that there are ...Published: 09 Jan 2025 at 16:20hrs | 1254 | by Tendai Ruben Mbofana
Electricity availability in Zimbabwe is now worse than Rhodesia in the 1940s
The irony of Zimbabwe having worse electricity availability today than Rhodesia in the 1940s is a stark and painful reminder of how far we have regressed as a nation. For Zimbabweans who have ...Published: 06 Jan 2025 at 12:10hrs | 1102 | by Tendai Ruben Mbofana
Tongaat Hulett to sell Zimbabwe operations in ZAR5.9 billion deal
South African agriculture and agri-processing giant, Tongaat Hulett Limited (THL), has announced its decision to offload its Zimbabwe operations to the Vision Group, a South African investment consort...Published: 29 Dec 2024 at 08:49hrs | 1031 | by Staff reporter
Govt urged to compensate dispossessed Zimbabweans
The Coalition for Market and Liberal Solutions (Comaliso), a liberal think-tank, has called on the government to compensate Zimbabweans dispossessed during past land reforms, following President Emmer...Published: 24 Dec 2024 at 12:33hrs | 177 | 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 | 277 | by Staff reporter
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 | 158 | by Tendai Ruben Mbofana
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 | 793 | by Staff reporter
Zimbabwe's title deeds affirms land reform programme
The issuance of title deeds to beneficiaries of Zimbabwe's Land Reform Programme has been hailed as a historic milestone, cementing the irreversibility of the initiative and unlocking significant valu...Published: 22 Dec 2024 at 10:38hrs | 498 | by Staff reporter
Issuance of title deeds marks historic milestone in Zimbabwe land reform
The issuance of title deeds to beneficiaries of Zimbabwe's Land Reform Programme has been hailed as a landmark achievement affirming the irreversibility of the initiative and unlocking immense economi...Published: 22 Dec 2024 at 10:35hrs | 91 | by Staff reporter
Time Bank offers war vets US$3,5bn
TIME Bank has offered a US$3.5 billion compensation package to Zimbabwe's liberation war veterans as part of its broader US$38 billion loan proposal to the government. This development follows signifi...Published: 14 Dec 2024 at 12:33hrs | 420 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 85 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 302 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe's banking sector and no arrests years down the line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 09:07hrs | 608 | by Eng. Jacob Kudzayi Mutisi
How Zimbabwe's ruling elite fund their luxuries at the expense of ordinary citizens
They live a tax-free lifestyle, do not pay duty to import vehicles and yet they introduce a new tax every year to fund their luxurious lifestyle. In Zimbabwe, the stark contrast between the lifestyles...Published: 29 Nov 2024 at 12:38hrs | 824 | by Jacob Kudzayi Mutisi
US wants Zimbabwe to double down on reforms
The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed.Speaking to reporters in Harare on Monday, Pamela...Published: 26 Nov 2024 at 08:20hrs | 945 | by Staff reporter
Zimbabwe's new land tenure system to tighten agricultural land ownership
Zimbabwe is crafting a new land tenure system that will require Government approval for selling or transferring agricultural land, aiming to enhance the bankability of titles and secure broader owners...Published: 24 Nov 2024 at 10:03hrs | 221 | by Staff reporter
Zimbabwe banking sector strengthens amid declining non-performing loans
The Reserve Bank of Zimbabwe (RBZ) has reported a significant improvement in the country's banking sector credit risk landscape, marked by a decrease in the ratio of non-performing loans (NPLs) to tot...Published: 24 Nov 2024 at 09:55hrs | 84 | by Staff reporter
Mnangagwa gets Commonwealth leaders support in bid to rejoin bloc
PRESIDENT Emmerson Mnangagwa's efforts to get Zimbabwe back into the Commonwealth are being backed by the grouping's secretary general, Patricia Scotland, who believes he has done enough to warrant a ...Published: 21 Nov 2024 at 06:38hrs | 615 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 21 Nov 2024 at 06:21hrs | 33 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2645 | by Wilbert Mukori
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 222 | by Staff reporter
Fired BancABC managers threaten to wash 'dirty linen' in public
A bitter and escalating dispute between dismissed BancABC managers and the bank's leadership is threatening to destabilize one of Zimbabwe's leading financial institutions. The conflict, which involve...Published: 10 Nov 2024 at 11:04hrs | 1492 | by Staff reporter
Hackers gain access to financial information for a large number of South Africans
Attackers claiming to be from N4ughtySec, a cyber extortion gang that took responsibility for an attack on TransUnion in March 2022, have said that they have infiltrated most of South Africa's banks....Published: 03 Nov 2024 at 12:46hrs | 930 | by Staff reporter
Manager in court over ghost workers
Tinashe Madzima, a human resources manager at Livetouch Investments Private Limited, appeared in court on Tuesday facing fraud charges after allegedly creating fictitious employee accounts to defraud ...Published: 31 Oct 2024 at 06:50hrs | 667 | by Staff reporter
Willowgate linked minister in another scandal involving 'stolen' millions
The High Court has mandated Public Service, Labour and Social Welfare Minister July Moyo and Higher and Tertiary Education Minister Fredrick Shava, who is linked to the Willowgate motor scandal, to re...Published: 30 Oct 2024 at 07:56hrs | 708 | by Staff reporter
Reasons why South Africans treat the 13 digit ID number like a qualification
South Africa's green ID book has been used as the country's main identity document for 44 years, during which time it has only received a handful of minor security upgrades. Blacks only started using ...Published: 29 Oct 2024 at 14:20hrs | 1628 | by Staff reporter
Mnangagwa's govt in soup over unsanctioned US$500m 'loan'
A local citizen, Marvelous Khumalo, has taken the Zimbabwean government to court, demanding the repayment of over half a billion United States dollars allegedly misappropriated through unauthorized bo...Published: 29 Oct 2024 at 07:44hrs | 1117 | by Staff reporter
The real story behind Britain's withdrawal from Zimbabwe's land reform: Exposing corruption and mismanagement
AS SOUTHERN Africa approaches another 'SADC Anti-Sanctions Day,' the Zimbabwean government is once again amplifying the narrative that economic sanctions, particularly from Western countries like the ...Published: 23 Oct 2024 at 20:37hrs | 857 | by Tendai Ruben Mbofana
Zimbabweans slam US Embassy for downplaying impact of sanctions
Zimbabweans and international supporters have expressed outrage over the US Embassy's recent claims regarding the effects of sanctions on the country, demanding that the "illegal coercive measures" be...Published: 21 Oct 2024 at 14:16hrs | 583 | by Staff reporter
Ex-top Zimbabwe govt official accused of grabbing farm equipment
Former diplomat and ex-permanent secretary Joey Bimha is embroiled in a legal dispute concerning allegations of improperly seizing farming equipment from his former business partner, Sebastian Hugh Zi...Published: 20 Oct 2024 at 14:14hrs | 4445 | by Staff reporter
Mnangagwa headlines Anti-Sanctions Day commemorations
Zimbabwe will commemorate the fifth anniversary of the Southern African Development Community (SADC) Anti-Sanctions Day on Friday, with President Emmerson Mnangagwa, as the chairperson of the regional...Published: 20 Oct 2024 at 12:16hrs | 82 | by Staff reporter
NRZ struggles amid sanctions, as revival efforts falter
In its prime, the National Railways of Zimbabwe (NRZ) was the backbone of the nation's transport system, transporting passengers across the country and facilitating the movement of goods beyond Z...Published: 19 Oct 2024 at 12:07hrs | 151 | 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 | 158 | by Michael Badze
Zimbabwe paying Ian Smith regime debt used for fighting liberators
Zimbabwe has been burdened with a staggering $700 million debt incurred during the Ian Smith regime, primarily used for purchasing weapons to suppress liberation efforts, according to researcher and A...Published: 18 Oct 2024 at 10:25hrs | 916 | by Staff reporter
Of all the don'ts, send Mnangagwa begging UNGA for US$5.8b food aid for SADC; he's eyeing 'pound of flesh' cut for himself
Of all the SADC leaders to be begging for food aid on behalf of SADC, Emmerson Mnangagwa would be the last leader anyone would choose to do it!"President Emmerson Mnangagwa has taken the...Published: 17 Oct 2024 at 12:38hrs | 722 | by Wilbert Mukori
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 708 | by Staff reporter
Zimbabwe's new land tenure policy is unconstitutional and invalid
A few days ago, the government of Zimbabwe announced some major changes to its land tenure laws.According to information minister Jenfan Muswere, "All land held by beneficiaries of the Land Re...Published: 11 Oct 2024 at 08:30hrs | 886 | by Tendai Ruben Mbofana
'Zimbabwe's new land laws biggest heist'
Former Cabinet minister Walter Mzembi has raised concerns over a possible land grab by Zimbabwe's elite following the government's announcement of a new model that allows for land acquired under the l...Published: 10 Oct 2024 at 07:50hrs | 1239 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 655 | by Staff reporter
Zimbabwe permits resettled farmers to sell land
Zimbabwe's government announced a major shift to its land policy on Tuesday, allowing beneficiaries of its land reforms to sell or transfer their farms - but only to "indigenous Zimbabweans."M...Published: 08 Oct 2024 at 19:46hrs | 6217 | by Staff reporter
Zimbabwe working on land tenure reforms
In a major development aimed at empowering farmers, the Government has announced plans to issue bankable and transferable land tenure documents to all beneficiaries of the Land Reform Programme. The i...Published: 08 Oct 2024 at 19:14hrs | 339 | by Staff reporter
Zimbabwe govt gets thumbs up for DBOT for roadworks
Economists have asserted that adopting the Design, Build, Operate, and Transfer (DBOT) model for road infrastructure development in Zimbabwe is crucial to curbing corruption and ensuring quality workm...Published: 04 Oct 2024 at 08:46hrs | 6158 | by Staff reporter
Zimbabwe bankers warn of price increases
Bankers in Zimbabwe are raising alarms about potential price increases and shortages of basic commodities following the recent devaluation of the Zimbabwe Gold (ZiG) by over 40% by the Reserve Bank of...Published: 03 Oct 2024 at 08:56hrs | 300 | 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 | 57 | by Staff reporter
Zimbabwe resumes war victims' compensation after 26 years
The Minister of Veterans of the Liberation Struggle Affairs, Monica Mavhunga, has announced the resumption of compensation payments for war victims, marking a major step in supporting Zimbabwe's liber...Published: 28 Sep 2024 at 12:12hrs | 416 | by Staff reporter
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