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Sakhile Dube costume turn heads in Mexico
Miss Universe Zimbabwe Sakhile Dube has captivated audiences in Mexico with her national costume, "The Soaring Eagle," ahead of the Miss Universe preliminary show. Her stunning ensemble, which embodie...Published: 14 Nov 2024 at 18:40hrs | 2012 | by Staff reporter
Zimbabwe government's continued web of lies on ZiG gold-backing exposed!
Yesterday's statement, in a ZBC interview, by Reserve Bank of Zimbabwe Governor John Mushayavanhu has sparked confusion regarding the country's new currency, the Zimbabwean Gold (ZiG). The gov...Published: 11 Oct 2024 at 08:32hrs | 2294 | by Tendai Ruben Mbofana
Helicopter lands in sewage pond after engine failure
An engine failure on Tuesday evening forced a helicopter to make emergency landing in a sewer pond, near Livingstone's Mosi-Oa-Tunya National Park.According to police, two international touris...Published: 22 Aug 2024 at 07:58hrs | 2042 | by Staff reporter
Victoria Falls cricket stadium project kicks off
Construction has begun on the Mosi-oa-Tunya International Cricket Stadium in Victoria Falls, a key project for Zimbabwe Cricket (ZC) in partnership with the government and the International Cricke...Published: 21 Jul 2024 at 10:09hrs | 324 | by Staff reporter
Gvt partners with Sakunda to invest in upgraded seating for National Sports Stadium
The Government, in partnership with Sakunda Holdings, has invested in upgrading the National Sports Stadium, paving the way for international events to return to Zimbabwe. This development is ...Published: 10 Jun 2024 at 09:45hrs | 33 | by Tonderai Ndoro
Mnangagwa lays foundation stone for Mnangagwa stadium
PRESIDENT Mnangagwa has laid the foundation stone to mark the commencement of construction of the 10 000-seater international cricket stadium in Victoria Falls this Thursday.Last year, Zimbabw...Published: 23 May 2024 at 20:40hrs | 17 | by Staff reporter
Zimbabwe's search for missing Australian tourist intensifies
ZIMBABWEAN authorities have intensified the search of an Australian tourist who went missing in Victoria Falls on Friday.Victoria Falls National Park, home to one of the world's seven wonders,...Published: 27 Feb 2024 at 04:40hrs | | by Staff reporter
Victoria Falls Mayor finally elected
In a unanimous decision, Prince Thuso Dilelihle Moyo, the youthful Ward 7 councillor of Victoria Falls City, has been chosen as the city's new mayor. Joining him in leadership as deputy mayor is Ward ...Published: 25 Sep 2023 at 22:18hrs | 3 | by Staff reporter
Mnangagwa launches ZimAfro T10
PRESIDENT Mnangagwa yesterday said the hosting of the historic Zim Afro T10 on Zimbabwean soil for the first time was a step in the right direction as it fits into Government's thrust to remodel the s...Published: 21 Jul 2023 at 06:31hrs | | by Staff reporter
Zuma blasts IMF stance on Zimbabwe
Former South African President Cde Jacob Zuma yesterday took a swipe at the International Monetary Fund (IMF)'s 2001 stance to starve Zimbabwe of credit facilities, describing the move as unjust and u...Published: 08 Jul 2023 at 08:23hrs | 8 | by Staff reporter
Matebeleland's untapped acting talent impresses film producers
AUDITIONS for the upcoming Zimbabwean film featuring Tongayi Chirisa have closed with producers now finalising the selection for the lead role.Auditions for the film which is set to be shot in...Published: 20 Jun 2023 at 06:49hrs | 1 | by Staff reporter
Zimbabwe's gold-backed digital tokens mop up $34bn excess liquidity
THE Reserve Bank of Zimbabwe (RBZ) has mopped up $34 billion through gold-backed digital tokens, which are part of measures to reduce liquidity in the market and expand the value-preserving instrument...Published: 06 Jun 2023 at 06:21hrs | | by Staff reporter
Zimbabwe central bank confident of price stability
ABOUT $40 billion, some of which could have found its way onto the black market, has been mopped up from the market in less than 10 months through gold coins and gold-backed digital tokens, in a devel...Published: 14 May 2023 at 11:32hrs | | by Staff reportetr
Victoria Falls Carnival roars to life
THE annual Victoria Falls Carnival kicks off today in the resort town, with 30 artistes expected to rock the three-day jamboree.The carnival, which runs until Sunday, will set the tone for the...Published: 28 Apr 2023 at 07:01hrs | 1 | by Staff reporter
'Black market rates to fall,' dreams RBZ
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:48hrs | 1 | by Staff reporter
Zimbabwe central bank introduces gold-backed digital currency
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:47hrs | 2 | by Staff reporter
Al Jazeera documentary on Zimbabwe's gold mafia won't change anything
THE whole hullabaloo about illicit gold is plain codswallop and balderdash.The country‘s detractors coalesced around George Soros and his Open Society Institute of Southern Africa are clearl...Published: 28 Mar 2023 at 06:51hrs | 2 | by Chris Mutsvangwa
Zimbabwe speeding into the territory of charter cities
FINALLY, Al Jazeera aired the first of the four-part series documentary Gold Mafia. Social media went into overdrive, with many people condemning the attitude and character of some of those implicated...Published: 25 Mar 2023 at 08:19hrs | 4 | by Paidamoyo Muzulu
Zimparks to waiver entry for school children
HWANGE West Member of Parliament Mr Godfrey Dube has implored the Zimbabwe Parks and Wildlife Management Authority (Zimparks) to waiver entry fees into the Victoria Falls Rainforest for school childre...Published: 07 Mar 2023 at 05:24hrs | 8 | by Staff reporter
Mohadi claims that Zimbabwe opposition has failed urban people
Opposition political parties have failed to run councils as evidenced by bad roads, failure to collect garbage and provide clean water to residents, Zanu-PF Second Secretary Kembo Mohadi has said....Published: 04 Mar 2023 at 08:00hrs | 10 | by Staff reporter
RBZ to issue gold coins on demand
The Reserve Bank of Zimbabwe (RBZ) says it will continue to mint more gold coins provided there is demand from the market, following the bullion coins' positive contribution to efforts aimed at taming...Published: 06 Feb 2023 at 04:51hrs | | by Staff reporter
President Lukashenko charmed by Victoria Falls
The first impressions that he conveyed were of dignity, courtesy and self-confidence.Bearing the mantle of authority with ease, Belarus President Aleksandr Lukashenko radiated warmth and charm...Published: 02 Feb 2023 at 08:23hrs | | by Staff reporter
Zimbabwe's gold coins selling at above $2,000 each
Zimbabwe's gold coins introduced in July are selling above $2,000 for the first time.The so-called "Mosi-oa-Tunya" gold coin, named after Victoria Falls, a key tourism site which straddles the...Published: 16 Jan 2023 at 19:09hrs | | by Staff reporter
'Small gold coins will further anchor stability'
The introduction of small gold coins last week is expected to further stabilise the exchange rate, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has said.Large-denomination bullion ...Published: 20 Nov 2022 at 15:34hrs | | by Staff reporter
Smaller gold coins trading begins
THE Reserve Bank of Zimbabwe (RBZ) yesterday opened doors for members of the public to walk into any local bank and registered agencies to purchase smaller units of Mosi-oa-Tunya gold coins as an alte...Published: 16 Nov 2022 at 05:13hrs | | by Staff reporter
Zimbabwe starts disbursement of 4 500 small gold coins
THE Reserve Bank of Zimbabwe (RBZ) will tomorrow start disbursing 4 500 smaller units of Zimbabwe's Mosi-oa-Tunya gold coins to banks ahead of planned release of the bullion coins in the market on Tue...Published: 10 Nov 2022 at 04:54hrs | 2 | by Staff reporter
Zimbabwe govt mulls national minerals reserve
Mining companies exploiting precious and high-value minerals in the country will now be required to cede a portion of their refined mineral produce to the Government as part payment of royalties under...Published: 09 Oct 2022 at 07:51hrs | 6 | by Staff reporter
$9bn gold coins sold as individuals join rush
THE Reserve Bank of Zimbabwe (RBZ) says gold coins worth $9 billion have been sold since July this year, with individuals taking a significant chunk of the bullion, while the Monetary Policy Committee...Published: 28 Sep 2022 at 05:55hrs | | by Staff reporter
Mosi-oa-Tunya gold coins selling like hotcakes
THE Mosi-oa-Tunya gold coins have generated $9 billion from the sale of 9 516 coins with 35 percent having been sold to individuals and 65 percent to corporates, the Reserve Bank of Zimbabwe has said....Published: 27 Sep 2022 at 19:27hrs | | by Staff reporter
IMF says gold coins missed chance to build Zimbabwe reserves
The gold coins that have been in circulation in Zimbabwe for almost three months are a missed chance to build the nation's gold reserves, according to the International Monetary Fund."The sale...Published: 23 Sep 2022 at 05:57hrs | 1 | by Staff reporter
Zimbabwe gold coins to be afforded by all
THE Government is planning to introduce smaller gold coins denominations amid revelations that at least Z$8 billion worth of the coins have been bought by locals since they were launched by the Reserv...Published: 18 Sep 2022 at 16:53hrs | | by Staff reporter
RBZ strangles street money changers
They don't know what has suddenly hit them. It is no longer business as usual for most, if not all, illegal street money changers.They used to call the shots in the last few months, de...Published: 13 Aug 2022 at 07:23hrs | 1 | by Staff reporter
Gold coins' sales hit ZW$3,7 billion, 90% sales in local currency
THE Reserve Bank of Zimbabwe (RBZ) has reported that gold coins' sales have to date reached ZW$3,7 billion with 90% sales being made in the local currency.Presenting the Mid-Term Monetary Poli...Published: 12 Aug 2022 at 20:30hrs | | by Staff reporter
Zimbabwe to release smaller gold coins
Smaller Zimbabwean gold coins, as small as a tenth of an ounce, are expected to go on sale in November from the Reserve Bank of Zimbabwe so ordinary people can invest in them and store value for their...Published: 12 Aug 2022 at 06:35hrs | | by Staff reporter
Investors talk up Zimbabwe gold coins
Mosi-oa-Tunya gold coins, which were released into the market by the Reserve Bank of Zimbabwe (RBZ) on July 25, are an alternative investment option to US dollars, stocks and the property market, and ...Published: 07 Aug 2022 at 08:17hrs | | by Staff reporter
85% of gold coins sold in Zimdollars
THE Reserve Bank of Zimbabwe (RBZ) has revealed that 1 500 gold coins were sold by its agents during the first week of their release onto the market, signalling a strong demand for the yellow metal cu...Published: 02 Aug 2022 at 06:53hrs | 6 | by Staff reporter
Zimbabwe to release another batch of gold coins
The Reserve Bank of Zimbabwe (RBZ) today said it will release an additional 2 000 gold coins this week, after the initial batch was highly subscribed.The Mosi-Oa-Tunya coins, which came into t...Published: 02 Aug 2022 at 06:44hrs | 14 | by Staff reporter
Push for new route to the sea
IN a short four years, President Mnangagwa and his team have ushered in and carried out breathtaking reforms in our national economic management. He is scoring successes in all the fundamental...Published: 01 Aug 2022 at 06:33hrs | | by Monica Mutsvangwa
Huge appetite for Zimbabwe gold coins
ZIMBABWE'S central bank has registered an overwhelming uptake of the Mosi-oa-Tunya gold coin after local financial institutions, pension funds, insurance companies and individuals bought the bulk of t...Published: 31 Jul 2022 at 17:51hrs | | by Staff reporter
Zimbabwe banking on gold to fight inflation
With inflation soaring in Zimbabwe and the country's currency in free fall as people abandon it for the US dollar, the government of President Emmerson Mnangagwa is fighting back with a novel strategy...Published: 31 Jul 2022 at 09:13hrs | 7 | by Lesley Wroughton
Arthur Mutambara trashes RBZ's gold coins initiative
FORMER Deputy Prime Minister Arthur Mutambara has trashed the Reserve Bank of Zimbabwe's (RBZ) gold coins initiative, supposedly meant to ease inflation, as nothing other than ‘a shameful opportunit...Published: 27 Jul 2022 at 19:37hrs | 1 | by Staff reporter
RBZ releases only 2 000 gold coins
THE Reserve Bank of Zimbabwe (RBZ) yesterday released 2 000 Mosi-oa-Tunya gold coins worth US$3,6 million onto the market and indicated that it would introduce smaller denominations to cater for the l...Published: 26 Jul 2022 at 06:40hrs | 7 | by Staff reporter
Zimbabwe gold coins start circulating
THE Reserve Bank of Zimbabwe (RBZ) yesterday released the first batch of 2 000 Mosi-oa-Tunya gold coins into the market to provide a store of value alternative to the US dollar in a development expect...Published: 26 Jul 2022 at 06:36hrs | | by Staff reporter
Zimbabwe gold coin out today
The Reserve Bank of Zimbabwe (RBZ) will release the Mosi-oa-Tunya gold coins onto the market today and they will be sold in local currency, US$ and other foreign currencies.Their price is base...Published: 25 Jul 2022 at 06:27hrs | | by Staff reporter
Gold coins: RBZ chief sheds more light
Gold coins set to be released by the Reserve Bank of Zimbabwe (RBZ) tomorrow are expected to mop up excess cash on the market over the next six months, reduce demand for the US dollar as a store of va...Published: 24 Jul 2022 at 09:59hrs | | by Staff reporter
Victoria Falls to be decommissioned: UNESCO
The United Nations has warned that plans by the governments of Zimbabwe and Zambia for the development of a golf course, lodges and a hydroelectric dam near the Victoria Falls will put the renown...Published: 22 Jul 2022 at 21:32hrs | 1 | by Shelton Muchena
More light must be shed on gold coins to instil confidence
Consumer and investor confidence will likely be a game changer as the nation waits patiently for gold coins, which will be available beginning July 25 this year.The coins will be available thr...Published: 21 Jul 2022 at 06:40hrs | | by Staff reporter
Zimbabwe gold coins to be held for at least 180 days
Individuals and institutional buyers of Reserve Bank of Zimbabwe (RBZ's) gold coins will be required to hold them for at least 180 days before selling while exporters earning less than a million US do...Published: 20 Jul 2022 at 06:34hrs | 13 | by Staff reporter
Concern over Zimbabwe's gold coins
ONE of Zimbabwe's top asset managers, Zimnat Asset Management (Zimnat) has noted that the country's gold coins scheme is elitist and cannot present significant arbitrage profiteering opportunities in ...Published: 19 Jul 2022 at 06:12hrs | | by Staff reporter
Mthuli Ncube summoned over gold coins
DEPUTY President of the Senate Mike Nyambuya has summoned Finance minister Mthuli Ncube to Parliament to present a ministerial statement explaining how gold coins will stop the country's economic haem...Published: 08 Jul 2022 at 07:38hrs | 2 | by Staff reporter
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