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Old Mutual sees ‘green shoots' in Zimbabwe
THE head of Old Mutual Zimbabwe says there are green shoots appearing in the economy after the devastation of a severe drought and the coronavirus pandemic."There are good signs emerging in ec...Published: 6 hrs ago | 783 | by Staff reporter
Pfumvudza, bond notes: Mnangagwa's saviour
THE gigantic lake TugwiMukosi is spilling. This is a rare phenomenon for a water body so big to spill less than four years after commissioning.It holds a promise that is too big to hide or ign...Published: 20 Feb 2021 at 08:55hrs | 753 | by Paidamoyo Muzulu
Soul Jah Love's dodgy hero status divides opinion
THE ruling Zanu-PF party's decision to declare the late Zimdancehall chanter Soul Jah Love - born Soul Musaka - a liberation war hero has inadvertently raised political dust and left internet users di...Published: 19 Feb 2021 at 07:19hrs | 1919 | by Staff reporter
South Africa to dump 'useless' AstraZeneca via African Union
South Africa plans to share a million AstraZeneca COVID-19 vaccine doses it received from the Serum Institute of India with other African countries via the African Union (AU), a senior health official...Published: 16 Feb 2021 at 17:53hrs | 1438 | by Staff reporter
State capture: Time to declare party financiers
SINCE time immemorial, the political class has been defined across the world by class, capital and raw power.In many instances, these groups of people have formed elite pacts to foster their h...Published: 13 Feb 2021 at 10:15hrs | 169 | by Paidamoyo Muzulu
'Forex auction eased liquidity crisis'
THE move by the Reserve Bank of Zimbabwe (RBZ to introduce the foreign currency auction system in June last year eased a liquidity crisis that swept through small-to-medium enterprises (SME), global r...Published: 11 Feb 2021 at 06:16hrs | 413 | by Staff reporter
Mnangagwa, Chiwenga-linked cartels take over public firms, mines, fuel sector - report
HIGHLY secretive cartels linked to President Emmerson Mnangagwa and Vice President Constantino Chiwenga are reported to have taken over the operations of key state-owned companies, including private f...Published: 10 Feb 2021 at 07:33hrs | 8100 | by Staff reporter
Mliswa's estranged lover dangles sex tapes as lawmaker slams 'bitter slay queen'
Hell hath no fury like a woman scorned!That's the hard lesson Norton Member of Parliament Temba Mliswa must be learning after his estranged lover Susan Mutami set Twitter ablaze this week, sen...Published: 04 Feb 2021 at 19:43hrs | 6195 | by Staff reporter
Do something to save the rural herd
The rural herd is on a terrible decline, cattle succumbing to a plethora of both known and unknown livestock diseases. Most cattle pens are now nearly empty, with some now home to only two or ...Published: 31 Jan 2021 at 07:00hrs | 408 | by Tondo
MP takes govt to court over assets declaration by high profile officials
AN opposition legislator is suing government at the High Court over its failure to actualise a law that forces public officials, including President Emmerson Mnangagwa and ministers, to disclose their...Published: 30 Jan 2021 at 17:22hrs | 1027 | by Staff reporter
Will Japan realize the Tokyo Olympics 2021?
Just months before the 2021 Tokyo Olympics is due to inaugurate, uncertainty continues to hang over whether the events should go ahead amid new waves of COVID-19 infections and risks posed by mutated ...Published: 27 Jan 2021 at 16:39hrs | 309 | by Staff Writer
Zimdollar maintains momentum
The Zimbabwe dollar was virtually unchanged against the US dollar, although firming by a very marginal 0,01 percent to $82,08 from $82,09 to the greenback after yesterday's central bank auction. ...Published: 20 Jan 2021 at 06:43hrs | 437 | by Staff reporter
The best sports in the World
There are many sports that you can play, but there are some which are more popular than others. Some of these sports have made the players of the sports millionaires. If you are looking for sports tha...Published: 14 Jan 2021 at 14:05hrs | 446 | by Staff Writer
Zimbabwe record its fourth straight trade monthly surplus
Zimbabwe recorded its fourth straight trade monthly surplus in November as Finance Minister Mthuli Ncube's steps to devalue and stabilize the local currency started showing some positive results for e...Published: 13 Jan 2021 at 18:22hrs | 885 | by Staff reporter
How can bitcoin make you rich? Let's tell you!
Most incredible ways to acquire bitcoins easily!Bitcoin is the most trending topic nowadays as its value is touching the sky currently, and it is expected to increase more in the future. Every...Published: 10 Jan 2021 at 18:40hrs | 2651 | by Staff Writer
The soft peg and local economic stability
Zimbabwe introduced the Dutch inspired foreign exchange auction system on the 23th of June to replace the fixed exchange rate (hard peg) of US$1: ZW$25 that had been in existence since 26 March 2020. ...Published: 08 Jan 2021 at 20:58hrs | 520 | by Victor Bhoroma
Can the South African Rand Hold its Position Against the Greenback?
The South African rand remains one of the poster boys for emerging currencies across the globe, and like many of its contemporaries it has experienced a highly turbulent 2020.For example, the ...Published: 22 Dec 2020 at 17:22hrs | 1663 | by Staff writer
RBZ clarifies use of USD
RESERVE Bank of Zimbabwe (RBZ) Governor Dr John Mangudya has explained the use of US dollars in the country, including value and legal status of the virtual form of the greenback. This comes a...Published: 22 Dec 2020 at 06:40hrs | 545 | by Staff reporter
2021 National Budget: The Good & the Bad
Zimbabwe's 2021 national budget set a taxing agenda with a 126% jump in budgeted revenues from ZW$173 billion (About US$2.12 billion) anticipated in 2020 to ZW$391.8 billion (US$4.8 billion) budgeted ...Published: 14 Dec 2020 at 13:54hrs | 389 | by Victor Bhoroma
Firms evade remitting forex taxes
THE Zimbabwe Revenue Authority (Zimra) says it has detected a string of scams in which some companies charging for goods and services in foreign currency have evaded paying taxes in forex.This...Published: 04 Dec 2020 at 07:20hrs | 750 | by Staff reporter
Econet shakes up to ride out crisis
ZIMBABWE Stock Exchange listed telecoms giant, Econet Wireless Zimbabwe says it is casting its net wide to identify fresh opportunities on the domestic market, while scanning the global terrain to see...Published: 03 Dec 2020 at 06:44hrs | 1187 | by Staff reporter
Govt rules out return of US dollar
ZIMBABWE will not consider using the US dollar as its default tender again, saying it won't repeat its past mistake of abandoning the local currency."One of the biggest mistakes was dollarisin...Published: 30 Nov 2020 at 19:05hrs | 2673 | by Staff reporter
Zimbabweans mend shabby dollar notes amid economic crisis
Albert Marombe takes a grimy, tattered US$1 note and delicately, expertly glues it back into one piece, holding it up for inspection."I don't care how torn it is. All I want to see is the seri...Published: 25 Nov 2020 at 06:20hrs | 6896 | by AP
Most Famous Sports Bettors in the World
Sports betting has been widely acknowledged as one of the finest forms of gambling. It calls for knowledge of the sporting activity, stats, maths, and also extra. It's a whole lot greater than just re...Published: 24 Nov 2020 at 22:49hrs | 306 | by Staff writer
Zim dollar continues to firm against the greenback
The Zimbabwe dollar continues to firm against the greenback despite a marginal loss at this Tuesday's RBZ forex Auction after moving from 81.71 to 81.82 per one United States Dollar.A total of...Published: 24 Nov 2020 at 19:14hrs | 2062 | by Staff Reporter
Open Letter to the heads of state of SADC nations
More than business as usual needed to save wildlife and people from covid-19 destructionYOUR EXCELLENCIES:We are facing an unprecedented wildlife conservation crisis. With COVID-19 imp...Published: 23 Nov 2020 at 14:33hrs | 860 | by Emmanuel Koro
Zimnbabwean vendor resorts to buying torn dollars
A vendor displaying a banner advertising that he buys old and torn US dollar notes. As the economy slowly redollarises, small denominations for change are a nightmare and soiled notes are often reject...Published: 22 Nov 2020 at 05:00hrs | 1718 | by Staff reporter
Green Fuel selling ethanol in 'real money'
ZIMBABWE'S biggest ethanol producer Green Fuel is now selling the commodity in hard cash and accepts only transfers to its nostro foreign currency account accompanied by letters from the clients' bank...Published: 20 Nov 2020 at 06:12hrs | 1233 | by Staff reporter
Currency crisis costs Cassava $2 billion
TECHNOLOGIES giant, Cassava Smartech says it suffered $2 billion in exchange losses during its first full year of operations after the volatile Zimbabwe dollar struggled to hold its turf against the g...Published: 09 Nov 2020 at 06:57hrs | 773 | by Staff reporter
Govt losing millions as firms evade US dollar tax
THE Zimbabwe government is being cheated of millions of United States dollars in tax revenue by businesses that are accepting foreign currency payments but not declaring or under-declaring the forex p...Published: 06 Nov 2020 at 06:47hrs | 679 | by Staff reporter
Illegal forex dealers feel the pinch
Black market forex dealers are feeling the heat following a raft of monetary measures recently put in place by the central bank to halt the depreciation of the local currency which had fuelled a spike...Published: 05 Nov 2020 at 21:34hrs | 11636 | by Staff reporter
RBZ bouyant over Zimdollar
Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says he is doing everything in his power to maintain a four-month stretch of exchange rate stability achieved since the introduction of the foreig...Published: 25 Oct 2020 at 08:28hrs | 5946 | by Staff reporter
RBZ debt accumulation above US$2 billion
THE US$2,23 billion debt accumulated by the Reserve Bank of Zimbabwe (RBZ) in the 12 months since July 2019 could be grossly understated, as fresh details emerged this week indicating the central bank...Published: 23 Oct 2020 at 08:41hrs | 836 | by Staff reporter
EcoCash self-care platforms enhance clients' safety, improve the customer experience
CASSAVA Smartech Zimbabwe's mobile money platform EcoCash is leading the way in maintaining social distancing for its customers and employees through the use of self-care platforms. With the w...Published: 20 Oct 2020 at 19:57hrs | 1056 | by Agencies
Mdlongwa burial today
THE late opposition MDC founding executive Esaph Mdlongwa, who succumbed to COVID-19 on Wednesday, is set to be buried today at Luveve cemetery in Bulawayo.Former MDC Bulawayo senator Rita Ndl...Published: 17 Oct 2020 at 16:22hrs | 575 | by Staff reporter
Zimbabwe annual inflation tumbles to 659%
THE annual inflation rate dropped 101,62 percentage points to 659,4% last month, as recent gains of the local currency against the greenback continue to reflect on its strength.The drop in the...Published: 14 Oct 2020 at 06:35hrs | 767 | by Staff reporter
Zimbabwe is missing out on gold's rally
Gold might have rallied to a record high above US$2 070 this year, but policy missteps by the Zimbabwean authorities saw the southern African country missing out on the uplift.Zimbabwe, which ...Published: 11 Oct 2020 at 11:59hrs | 1336 | by Staff reporter
Tsenengamu aware of 'imminent risks and dangers' to his life
Former Zanu-PF youth leader Godfrey Tsenengamu walked into a police station on Friday and was arrested, police said for inciting Zimbabweans to commit public violence.Tsenengamu was named in a...Published: 10 Oct 2020 at 07:27hrs | 2477 | by Staff reporter
ANC MP slams De Lille over Beitbridge border fiasco
Calls for decisive action against Public Works and Infrastructure Minister Patricia de Lille are growing louder as lawmakers adopted a damning report on her involvement in the Beitbridge border fiasco...Published: 07 Oct 2020 at 20:02hrs | 1815 | by Staff reporter
Govt to approve Malawi trip
THE government is today expected to approve the Warriors trip to Malawi for an international friendly match against the hosts at Kamuzu Stadium on Sunday.Zifa had applied to the government thr...Published: 07 Oct 2020 at 06:56hrs | 649 | by Staff reporter
Two years on, the beast is revealed
LAST month marked President Emmerson Mnangagwa's inauguration as the second directly-elected leader of Zimbabwe since independence in 1980.Mnangagwa came riding on the wave of hope that no one...Published: 05 Oct 2020 at 06:49hrs | 1605 | by Staff reporter
Mliswa blasts ZACC, SACU
NORTON MP Temba Mliswa Wednesday urged Parliament to act on a land scandal in Aspindale, Harare involving businessman Billy Rautenbach and the state as the anti-corruption bodies were failing to prote...Published: 26 Sep 2020 at 08:17hrs | 1748 | by Staff reporter
Investors wary of Vic Falls bourse
EXPERTS say the success of the impending Victoria Falls Stock Exchange (VFSE) will depend on whether foreign investors will be allowed to easily repatriate their investments.In July, Finance m...Published: 18 Sep 2020 at 07:07hrs | 1147 | by Staff reporter
'Police Boss Godwin Matanga selling fraudulent stands' Mliswa says
Norton Member of Parliament Temba Mliswa has accused Commissioner General of the Police Godwin Matanga of working with Minister of Local government July Moyo to sell fraudulently acquired stands...Published: 17 Sep 2020 at 10:51hrs | 4475 | by Mandla Ndlovu
Mnangagwa's govt okays football resumption
GOVERNMENT has given the green light for the resumption of domestic football after Sports minister Kirsty Coventry yesterday submitted a raft of proposals to Zifa.Only one competitive match ha...Published: 15 Sep 2020 at 06:16hrs | 1768 | by Staff reporter
Temba Mliswa a rumbling tinpot
Temba Mliswa is a political turncoat and ruble rousing attention seeker. September 2014 Temba Mliswa supported Joyce Mujuru and labelled Jonathan Moyo and others as gay gangsters who worked for the CI...Published: 12 Sep 2020 at 06:05hrs | 3342 | by Richard Mthwakazi
Zimdollar, prices of basic goods remain stable
THERE is a glimmer of hope among long-suffering Zimbabweans that the stabilising cost of basic consumer goods in the country will soon lead to more prices coming down on the back of the continuing goo...Published: 07 Sep 2020 at 17:06hrs | 2400 | by Staff reporter
Zimbabwe business opts for US dollars as base currency
TRANSACTIONS are increasingly occurring in United States Dollars which means that households that earn incomes in the Zimbabwe dollar including most poor households, will find it increasingly unafford...Published: 07 Sep 2020 at 06:33hrs | 1239 | by Staff reporter
Zimbabwe set to lose $1 billion in potential revenue
ZIMBABWE'S cash-strapped government is set to forgo over $1 billion in revenues from the intermediated money transfer tax (IMTT) as a result of policy inconsistencies, analysts have said.The g...Published: 30 Aug 2020 at 10:58hrs | 1388 | by Staff reporter
Mangudya's auction has made doubting Thomases believe
On June 23, 2020, Reserve Bank of Zimbabwe (RBZ) Governor, Dr John Mangudya, introduced a market-based foreign exchange (forex) auction system for the country.Indeed, the auction came as refre...Published: 30 Aug 2020 at 08:28hrs | 574 | by Jameson Dapi
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