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Mangudya walks out of meeting with Mthuli Ncube
THERE was high drama after Reserve Bank of Zimbabwe (RBZ) governor John Mangudya, in a fit of rage, tossed paper files at Finance minister Mthuli Ncube and walked out of a meeting, angrily slamming th...Published: 12 hrs ago | 10972 | by Staff reporter
Bulawayo City FC used ratepayers' $1.2 million at the expense of service delivery
Bulawayo mayor Solomon Mguni was in defensive mode after it emerged the council-bankrolled Bulawayo City FC gobbled over $1,2 million during their two-year stay in the Castle Lager Premier Soccer Leag...Published: 13 hrs ago | 512 | by Staff reporter
Number plates shortage: Cops harass motorists
Motorists say they are still facing challenges using temporary number plates on their vehicles even after government announced an extension of their life-span.The temporary plates used to be v...Published: 13 hrs ago | 602 | by Staff reporter
Jilted man demands sex or $1 000
A 35-year-old man has been arrested for extortion after he allegedly demanded 100 rounds of sexual intercourse or ...Published: 13 hrs ago | 1336 | by Staff reporter
Banks plunge into fresh crisis
THE Reserve Bank of Zimbabwe (RBZ) shot down an urgent request by commercial banks to raise interest rates and transaction charges at a crisis meeting held in Harare last week, arguing the move would ...Published: 13 hrs ago | 1674 | by Staff reporter
The Mnangagwa regime
The violent suppression of Zimbabweans protesting rising fuel costs and food shortages by security forces has prompted debates in the UK Parliament on the growing crisis in the African state. Here we ...Published: 13 hrs ago | 493 | by Louisa Brooke-Holland
Zanu-PF a sanctuary for thieves
If one is a convicted felony and wants to start on a new page then Zanu PF is the right place to go. Dexter Nduna's moment of revelation that he killed many people is enough to have him question...Published: 14 hrs ago | 667 | by AT Kadada
Government committed to implementing reforms
The new administration under the leadership of President Emmerson Mnangagwa has shown serious commitment in amending major reforms, which are mainly economic, political and media reforms, as shown by ...Published: 16 hrs ago | 722 | by Gift Mashoko
Minister Ncube's 2% tax caused 16% economic decline - austerity for pain's sake, no gain
"Finance minister Professor Mthuli Ncube introduced the 2% per every dollar transaction tax in October last year as part of his "austerity for posterity" measures in a development which saw him receiv...Published: 18 hrs ago | 1877 | by Nomusa Garikai
Zimbabwe looks to tackle telecom fraud with technology
Despite an ambitious economic reform agenda, Zimbabwe's economic freedom score dropped down 3.6 points to a mere 40.4 on the Heritage Foundation's latest Index of Economic Freedom, making its economy ...Published: 18 hrs ago | 466 | by Agencies
Bank sued over Zifa debt
Daisy Guest House is suing EcoBank for allowing Zifa to access funds in its account after the football-controlling body's money had been attached over their failure to pay for $161 762 in accommodatio...Published: 19 hrs ago | 387 | by Staff reporter
Journalist's 'death' another hoax
Elizabeth Zimunda, the woman identified as a veteran journalist who was allegedly killed by security forces in Chitungwiza during last month's violent protests organised by MDC-Alliance and its associ...Published: 19 hrs ago | 452 | by Staff reporter
Fraudsters dupe 100 nurses
TWO suspected fraudsters who allegedly duped 100 unsuspecting aspiring nurses in Chipinge and pocketed $41 000 from the scam were on Monday arraigned in court facing fraud charges.The suspects...Published: 19 hrs ago | 393 | by Staff reporter
Ncube, Mangudya policy tussle on monetary policy statement
POLICY efficacy doubts - both fiscal and monetary - in supporting a liberalised foreign currency market, effectively discarding the 1:1 US dollar-bond note/RTGS dollar peg, have arguably been the main...Published: 19 hrs ago | 463 | by Brett Chulu
Africa money to bankroll US$3 billion Russian deal
A US$3 billion platinum deal between Zimbabwe and Russia is now mired in controversy after it emerged this week that the funding for the project will come from African Export-Import Bank (Afreximbank)...Published: 19 hrs ago | 339 | by Staff reporter
Zimbabwe pesters South Africa for lines of credit
Zimbabwe's government continues to explore avenues of attracting lines of credit from neighbouring South Africa after the continent's most prosperous nation rebuffed an earlier request by Harare for a...Published: 19 hrs ago | 335 | by Staff reporter
Time is right for alternative money
THE controversy surrounding the introduction of another local currency continues unabated. This time it was the former Finance minister, Tendai Biti, who ignited the current debate when he announced g...Published: 19 hrs ago | 231 | by Zimwara
Business complicit in Zimbabwe's economic woes
CHIEF executive officers from across the African continent have been meeting in the resort town of Victoria Falls for the last three days in a bid to find lasting solutions to the economic crisis faci...Published: 20 hrs ago | 213 | by Staff reporter
Zimbabwe property owners charge rentals in forex
PROPERTY owners are now demanding rentals in foreign currency as the local unit continues to rapidly lose value against the US dollar, businessdigest has learnt.The trend of charging goods and...Published: 20 hrs ago | 414 | by Staff reporter
Mthuli Ncube, Mangudya in bitter fight over new Zimdollar
PRESIDENT Emmerson Mnangagwa has been forced to intervene in a growing turf war between Reserve Bank of Zimbabwe governor John Mangudya and his boss Finance minister Mthuli Ncube on the path Zimbabwe ...Published: 14 Feb 2019 at 15:51hrs | 18578 | by Staff reporter
Mnangagwa offers Air Zimbabwe to Ethiopia?
President Emmerson Mnangagwa is reported to have offered Ethiopian Airlines a de3al to takeover and run the beleaguered and indebted Air Zimbabwe.This was revealed by veteran author and journa...Published: 14 Feb 2019 at 14:06hrs | 7127 | by Mandla Ndlovu
Ncube to ask USA to lift sanctions - he must say whether elections free? Then slap him with sanctions too!
"Finance minister Mthuli Ncube is expected to travel to Washington next month and engage with US lawmakers to lift the sanctions imposed since 2001. But his trip is likely to be overshadowed by t...Published: 14 Feb 2019 at 09:21hrs | 1702 | by Patrick Guramatunhu
Floating of bond notes not a solution
Floating of the bond notes is not in itself the solution to the challenges currently bedevilling the Zimbabwean economy, but rather proper financial management fundamentals must be put in place as a w...Published: 14 Feb 2019 at 08:58hrs | 3375 | by Staff reporter
Biti warns of Rwanda-scale genocide in Zimbabwe
MDC deputy national chairman Tendai Biti has likened the recent brutalisation of civilians by the security forces to the Rwanda genocide of 1994 which claimed 800,000 lives.He was speaking dur...Published: 14 Feb 2019 at 08:07hrs | 1177 | by newzimbabwe
All aboard Zupco: Is this a rebirth or stillbirth?
This article is a follow-up to my previous one, Kombi nation: Re-imagining our urban transport system.In that article, I presented a number of options on how we could improve our public transp...Published: 14 Feb 2019 at 07:33hrs | 1311 | by Mike Murenzvi
2% tax challenge, judgment reserved
High Court judge Justice Happius Zhou has reserved judgment in an application filed by pro-democracy activist Mfundo Mlilo, seeking an order to suspend the 2% electronic transactions tax introduced by...Published: 14 Feb 2019 at 07:30hrs | 599 | by Staff reporter
Con-artist dupes minister, Zanu-PF MP
A SERIAL Harare conman allegedly masqueraded as former Bulawayo High Court judge Justice Mafios Cheda to dupe several prominent people, among them Defence deputy minister Victor Matemadanda and Bubi l...Published: 14 Feb 2019 at 07:29hrs | 1449 | by Staff reporter
Chivayo in court over $10 000 ZPC bribe
Businessman Wicknell Chivayo appeared at the Harare Magistrates Court yesterday facing a bribery charge after he allegedly transferred $10 000 into former Zimbabwe Power Company chairperson Stanely Ka...Published: 14 Feb 2019 at 07:25hrs | 353 | by Staff reporter
Nyarota's lawyer fined for unprofessional conduct
A former partner at Scanlen and Holderness, Doreen Vimbai Gapare, was last week fined $500 by the Law Society of Zimbabwe (LSZ) after she was convicted of unprofessional conduct in handling the case o...Published: 14 Feb 2019 at 07:14hrs | 165 | by Staff reporter
Maitengwe border post road in deplorable state
The road that leads to Maitengwe Border post in Plumtree is in a sorry state despite the border being an economic hub for the town, Parliament has heard.Maitengwe Border Post, located in Matab...Published: 13 Feb 2019 at 16:39hrs | 2156 | by cite.org
Woman flees from court
A Harare medical doctor's wife, who was dragged to court by her husband of two months, was convicted yesterday but fled from court before sentence.Christina Hamilton was convicted by Harare re...Published: 13 Feb 2019 at 15:38hrs | 3519 | by Staff reporter
SADC a toothless bulldog
Sadc as a regional body presiding over issues of the member countries must up their game if they want to remain relevant in this new political era.It's high time African youths come toge...Published: 13 Feb 2019 at 15:22hrs | 590 | by Leonard Koni
Lumumba's ally blasts Strive Masiyiwa's bank
Fresh In A Box founder and William Mutumanje's close ally Kuda Musasiwa has slammed Steward Bank and Ecocash for the transaction charges that are charged by the two entities.Steward Bank and E...Published: 13 Feb 2019 at 15:09hrs | 4519 | by Mandla Ndlovu
Zimbabwe students starving in foreign lands
Zimbabwean students who are on the presidential scholarship scheme are finding it difficult to get by because government is struggling to fund their needs.Thousands of students are on the pres...Published: 13 Feb 2019 at 10:17hrs | 1375 | by Staff reporter
Western Union fails to dispense cash
Western Union Co is failing to dispense cash from money transfers within Zimbabwe amid a worsening shortage of US dollars. The world's largest money transfer company declined to comment, refer...Published: 13 Feb 2019 at 09:15hrs | 3936 | by Staff reporter
Bank cashier in court over $1m fraud, money-laundering
A FIRST Bank cashier stationed in Harare yesterday appeared in court facing fraud and money-laundering charges involving $1 million.Bangiso Shield Tafirei (30) appeared before Harare magistrat...Published: 13 Feb 2019 at 08:46hrs | 2097 | by Staff reporter
Chamisa's wife funded the breakfast 'Prayer Meeting'?
On the 6th of February 2019 the President of the Republic of Zimbabwe, HE ED Mnangagwa, convened a meeting at State House for all Presidential contestants in the 2018 elections to discuss the framewor...Published: 12 Feb 2019 at 22:47hrs | 15641 | by Staff reporter
Armed robbers take money changer's cash-laden BMW
THREE gun-wielding men clad in balaclavas attacked an illegal money changer in Bulawayo's City Centre before getting away with his BMW vehicle which had R80 000, US$5000 and $ 8 000 bond notes among o...Published: 12 Feb 2019 at 22:39hrs | 2579 | by Staff reporter
Bulawayo cuts off private land developers
BULAWAYO Town Clerk Mr Christopher Dube has said private land developers are giving City Fathers a headache after failing to deliver, hence the local authority will no longer be providing them with la...Published: 12 Feb 2019 at 22:37hrs | 1171 | by Staff reporter
Busisa Moyo bemoans the extent of damages suffered by Bulawayo businesses
UNITED Refineries' Chief Executive Officer Mr Busisa Moyo has bemoaned the extent of damages suffered by Bulawayo businesses during last month's opposition-led protests. Through his Twitter ac...Published: 12 Feb 2019 at 22:29hrs | 431 | by Staff reporter
Civil servants strikes, opposition's Trojan horse
Zimbabwe is fast becoming a "strike country" as various civil service arms try and outdo each other in registering their grievances against Government through withdrawal of labour and other forms of p...Published: 12 Feb 2019 at 22:26hrs | 834 | by Nicole Hondo
2c tax yields $50m in January
TREASURY collected a total of $50 million in January 2019 alone through the two percent electronic transfer tax from the transacting public, a senior Government official has said. Accountant-G...Published: 12 Feb 2019 at 22:23hrs | 526 | by Staff reporter
Why online slot machines are some of the most popular casino games around
Every day many thousands of people log in to an online casino to play a few games, relax, have fun, and of course, perhaps even win some cash while they are there. Most casinos offer a variety of game...Published: 12 Feb 2019 at 17:20hrs | 442 | by Staff Reporter
UZ student claims $600 from ex-lover
A UNIVERSITY of Zimbabwe student is claiming $600 which she lent her former lover while they were still dating in July last year.Karen Manyama dragged her former lover Shepard Marekani to the ...Published: 12 Feb 2019 at 16:37hrs | 3315 | by Staff reporter
Dexter Nduna admits to killing more than once
A Zanu-PF MP once accused firing his gun during an election campaign has boasted that he has killed before.Dexter Nduna, the MP for Chegutu West, made the shock claim while threatening Norton ...Published: 12 Feb 2019 at 15:04hrs | 3701 | by ZimLive
Khupe party struggles to shake off Zanu-PF tag
The breakaway MDC faction led by Thokozani Khupe (pictured) is struggling to shake off the now widespread tag that the opposition party is doing the bidding for Zanu-PF.Khupe was one of the fe...Published: 12 Feb 2019 at 10:52hrs | 5178 | by Staff reporter
Is Mnangagwa's Advisory Council Legal?
Editor,Please, allow me to ask lawyers if it is legal for the president to appoint a second cabinet without wide consultations. It is obligatory for cabinet ministers to seek sound advice conc...Published: 12 Feb 2019 at 10:46hrs | 646 | by Concerned Citizen
Armed robbers pounce on Brooklyn bus
About 31 passengers who were travelling in a Brooklyn bus from Bulawayo to Mussina lost valuables worth thousands of dollars when armed robbers aboard the bus pounced on them Monday night.Acco...Published: 12 Feb 2019 at 10:36hrs | 3471 | by Staff reporter
WATCH: Prophet Bushiri answers on alleged money laundering claims
Palesa Chubisi did a studio interview with Pastor Daniel Phaladi who wrote an article entitled do you want miracle money. The discussion also focused on South Africa and the church - where we made ref...Published: 12 Feb 2019 at 10:21hrs | 3221 | by youtube
SRC grilled over $1,2m Potraz loan to Zifa
SPORT and Recreation Council (SRC) director of sport Joseph Muchechetere was yesterday grilled in Parliament over a $1,2 million loan which the SRC sourced from Potraz to fund the Zimbabwe senior nati...Published: 12 Feb 2019 at 07:41hrs | 190 | by Staff reporter
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