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Ramaphosa's brother-in-law Motsepe in court over R3.4bn in Tanzanian
South African billionaire Patrice Motsepe, who is brother in Law to that country's President Cyril Ramaphosa, and his associate companies are facing a $195 million (R3.4 billion) lawsuit in Tanzania, ...Published: 03 Nov 2024 at 14:46hrs | 1476 | by Staff reporter
Commonwealth chief bids for Zimbabwe readmission despite rights abuses
Zimbabwe could be readmitted to the Commonwealth – despite concern over its human rights record – following support from Baroness Scotland, the organisation's controversial Secretary-General....Published: 03 Nov 2024 at 10:27hrs | 796 | by Staff reporter
Zimbabwean cow horn artist aims to tap into Chinese market at CIIE
Cow horns are often regarded as waste material at slaughterhouses, a Zimbabwean craftsman, however, has struck gold in them.Joseph Chifamba, a businessman who makes jewelry and other products ...Published: 02 Nov 2024 at 08:51hrs | 458 | 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
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 831 | by Tendai Ruben Mbofana
New Zealand's groundbreaking move toward regulating online casinos
The New Zealand government has taken a significant step toward regulating its online casino industry, marking a pivotal moment in the country's gambling landscape. As the popularity of online gambling...Published: 28 Oct 2024 at 13:03hrs | 162 | by Staff Reporter
ZAA Founder on Diaspora, ZIG, Xenophobia and Julius Malema
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."Aristotle's age-old dictum has been used and sometimes abused to the point of cliché.But whatever truth; b...Published: 26 Oct 2024 at 13:02hrs | 542 | 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 | 267 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 561 | by Staff reporter
'Projected Trump victory driving demand for dollars'
Increasing belief on the financial markets that Donald Trump will win the US presidential election next month has been strengthening the dollar, Bloomberg has reported, citing British multinational ba...Published: 25 Oct 2024 at 13:45hrs | 561 | by Staff reporter
Putin calls for the creation of a BRICS grain exchange
Russia's President Vladimir Putin is calling for the creation of a BRICS grain exchange.The Russian leader said this during the second day of the 16th BRICS Summit in Kazan, Russia.The...Published: 25 Oct 2024 at 08:53hrs | 269 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 744 | by Staff reporter
Bulawayo celebrates late Gogo Wodumo
The city of Bulawayo bid farewell to one of its most vibrant social activists, Rose Nyathi, affectionately known as Gogo Wodumo, who passed away on Saturday morning last week. Nyathi, known for her ch...Published: 24 Oct 2024 at 07:58hrs | 476 | by Staff reporter
Zimbabwe faces influx of counterfeit goods
The Consumer Protection Commission (CPC) has raised alarm over the rampant influx of counterfeit goods into Zimbabwe, revealing that the smuggling of these products is occurring on an industrial scale...Published: 20 Oct 2024 at 14:13hrs | 235 | by Staff reporter
RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 236 | by Staff reporter
Chilonga villagers wary of govt 'reorganisation
The Zimbabwean government has reaffirmed its commitment to the controversial Chilonga lucerne project, clarifying that the evictions of over 1,000 families remain an integral part of its plans, now fr...Published: 20 Oct 2024 at 14:04hrs | 75 | by Staff reporter
Zimbabwe will not regret taking back land!
ON January 1, 1994, a group of indigenous Mexicans took up arms against their government in what became known as "the struggle of the Zapatistas".While the idea of an armed insurgency was quic...Published: 20 Oct 2024 at 12:19hrs | 70 | by Gibson Nyikadzino
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 | 79 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9553 | by Staff reporter
Why Download the Paripesa App: Unique Features and Functions
Today, many punters need a convenient and fast way to bet anywhere. The Paripesa apk mobile app is becoming one of the leading betting and online casi...Published: 18 Oct 2024 at 20:57hrs | 119 | by Staff Reporter
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 540 | 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 | 154 | by Michael Badze
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 168 | by Staff reporter
Mnangagwa lauds exports surge
President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisati...Published: 18 Oct 2024 at 08:39hrs | 64 | by Staff reporter
Mbare fire evidence disappears
Investigations into the cause of the devastating fire that engulfed Mbare Musika last week have reportedly stalled as vendors rushed to clean up and reclaim the affected space, NewsDay has learned. Th...Published: 17 Oct 2024 at 13:26hrs | 659 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 108 | by Staff reporter
Diversify varieties to arrest climate change: Hekhani seeds
Farmers have been urged to use diverse seed varieties during the forthcoming farming season to combat impacts of climate change.Speaking during an interview on the preparedness of seed compani...Published: 16 Oct 2024 at 16:40hrs | 193 | by Staff Reporter
Backdated pay rise for civil servants
The Government has delivered on its commitment to review upwards the salaries of civil servants, with employees starting to receive their backdated pay yesterday. This move is part of the Government's...Published: 16 Oct 2024 at 11:47hrs | 526 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3125 | by Staff reporter
Moxon dynasty takes over at Meikles Limited
Meikles Limited has announced the appointment of former chairman John Moxon's son Matthew John Moxon as its acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO po...Published: 15 Oct 2024 at 10:38hrs | 3075 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 163 | by Staff reporter
Trump's odds of winning have suddenly surged
A data scientist who constructed a model to predict who will win the 2024 presidential election says Donald Trump has surged ahead in the last week.Dr Thomas Miller from Northwestern Universit...Published: 11 Oct 2024 at 16:48hrs | 935 | by Staff reporter
Gold reserves backing ZiG rise
The Reserve Bank of Zimbabwe (RBZ) has reassured the public of continued exchange rate stability, with gold reserves backing the Zimbabwe Gold (ZiG) currency now valued at over US$450 million, up from...Published: 10 Oct 2024 at 18:50hrs | 6220 | by Staff reporter
Zimbabwe hires Rothschild advisers over $21 Billion defaulted debt pile
Zimbabwe's government has hired financial and legal advisers to help it navigate potential talks with international creditors over the $21 billion it owes, according to people familiar with the matter...Published: 10 Oct 2024 at 12:22hrs | 521 | by Staff reporter
'90% of women business start-ups fail in first 10 years'
Approximately 90% of business start-ups globally fail within their first 10 years, with a significant number owned by female entrepreneurs, according to business strategist Tatiana Ellis. Speaking at ...Published: 10 Oct 2024 at 07:47hrs | 84 | by Staff reporter
Zimbabwe says basic goods in limited supply after ZiG devaluation
Zimbabwe said the steep devaluation of its gold-backed currency last month has triggered shortages of bread, sugar and other staples in its formally regulated stores, suggesting the country's latest e...Published: 09 Oct 2024 at 16:38hrs | 3276 | by Staff reporter
Doji Candle: Understanding Its Role in Trading
The Doji candle stands out as one of the most intriguing candlestick patterns used by traders, offering a window into the market's state of uncertainty. It frequently appears during moments when buyer...Published: 09 Oct 2024 at 13:17hrs | 322 | by Staff Reporter
BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 184 | by Staff reporter
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 299 | by Staff reporter
Open letter to President Mnangagwa
His Excellency Emmerson Mnangagwa President of the Republic of Zimbabwe Dear President Mnangagwa, I hope this letter finds you in good health and spirits. I write to you today ...Published: 08 Oct 2024 at 09:55hrs | 1407 | by Engineer Jacob Kudzayi Mutisi
Mutsvangwa urges AI adoption for SMEs growth
Women Affairs, Community, Small and Medium Enterprises Development Minister Monica Mutsvangwa has emphasized the need for Zimbabwe's small and medium enterprises (SMEs) to adopt artificial intelligenc...Published: 07 Oct 2024 at 08:03hrs | 236 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1305 | by Staff reporter
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2630 | by Staff reporter
Chinese company to set up cement factory in Bulawayo
The Bulawayo City Council has granted approval to Chinese company Labenmon Private Limited to establish a cement grinding facility at Umvumila Industrial Park, located near the United College of Educa...Published: 03 Oct 2024 at 17:36hrs | 965 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 791 | by Tendai Ruben Mbofana
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1079 | by Staff reporter
Zimbabwe records growth across sectors
Zimbabwe is making notable strides in various economic sectors despite the challenges posed by climate change-induced droughts and Western-imposed sanctions, President Emmerson Mnangagwa said during h...Published: 03 Oct 2024 at 08:45hrs | 72 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1185 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 620 | by Staff reporter
MPs demand explanation from Mthuli Ncube
WEDZA North MP Itai Ndudzo has formally demanded that Finance Minister Mthuli Ncube provide a ministerial statement addressing the recent devaluation of Zimbabwe's new gold-backed currency, the Zimbab...Published: 02 Oct 2024 at 07:57hrs | 1240 | by Staff reporter
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