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Mnangagwa's personality cult grows
President Emmerson Mnangagwa and his loyalists have intensified efforts to create a political personality cult as part of a controversial campaign to extend his presidency beyond the constitutional tw...Published: 01 Dec 2024 at 12:21hrs | 466 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 94 | by Staff reporter
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2726 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 360 | by Staff reporter
ZiG monthly inflation seen staying below 3%
Zimbabwe's gold-backed currency (ZiG) is expected to maintain stable inflation levels, with average month-on-month inflation forecast to remain below 3% in 2025. This projection is underpinned by stri...Published: 29 Nov 2024 at 06:53hrs | 71 | by Staff reporter
'Mnangagwa not using parallel structures'
The Office of the President and Cabinet (OPC) has strongly condemned a story published by NewsDay alleging that President Emmerson Mnangagwa is employing "parallel structures" to extend his term beyon...Published: 28 Nov 2024 at 06:42hrs | 326 | by Staff reporter
Mnangagwa's office rebukes media house over 'slanderous' article
The Office of the President and Cabinet (OPC) has expressed grave concern over what it describes as a "slanderous" and "false" article published by NewsDay titled "Mnangagwa Turns to Parallel Structur...Published: 27 Nov 2024 at 19:10hrs | 1573 | by Staff reporter
Glencore to pay $152 million to resolve Swiss bribery investigation
Glencore said on Monday it will pay about $152 million as a fine and compensation claim after Swiss authorities found the company liable for failing to prevent the bribery of a Congolese public offici...Published: 27 Nov 2024 at 13:00hrs | 1014 | by Staff reporter
Mnangagwa turns to parallel structures
The Office of the President and Cabinet (OPC) has expressed grave concern over what it describes as a "slanderous" and "false" article titled "Mnangagwa Turns to Parallel Structures." The article alle...Published: 27 Nov 2024 at 07:12hrs | 1454 | by Staff reporter
Zimbabwean inflation slows
Zimbabwe's monthly inflation rate slowed for the first time in four months, as volatility that's plagued the nation's gold-backed ZiG currency shows signs of ebbing.Consumer prices rose 11.7% ...Published: 26 Nov 2024 at 19:37hrs | 441 | by Staff reporter
SA gospel musician lauds Zimbabwean musicians' resilience
South African gospel musician Marino John Mvala, popularly known as MJ Mvala, has expressed deep admiration for Zimbabwean musicians, praising their unwavering spirit of resilience and perseverance de...Published: 24 Nov 2024 at 10:18hrs | 216 | by Staff reporter
Machingura appointed to head the Presidential & National Scholarships Department
Former Acting Speaker of Parliament and Deputy Minister for Higher and Tertiary Education, Innovation, Science and Technology Development, Raymore Machingura, has been appointed to head the Presidenti...Published: 20 Nov 2024 at 08:03hrs | 1091 | by Staff reporter
Mutumbuka's landmark case exposes the deep roots of property fraud in Zimbabwe
The problem of title deed fraud is not new to Zimbabwe, but recent cases have brought this pervasive issue into sharp focus. One of the most troubling and high-profile incidents has been the c...Published: 18 Nov 2024 at 19:44hrs | 4409 | by Tendai Ruben Mbofana
Infidelity threatening family unit
The First Lady of Zimbabwe, Dr. Auxillia Mnangagwa, has launched the Afrikana Family Humanism Programme, aimed at tackling the root causes of infidelity, gender-based violence, and marital breakdowns ...Published: 18 Nov 2024 at 15:00hrs | 154 | by Staff reporter
Ntshavheni's 'concomitant action' moment to kill zama zamas
In a controversial statement on Wednesday, Minister in the Presidency Khumbudzo Ntshavheni said the government intends to "smoke out" as many as 4,000 illegal miners reportedly trapped underground nea...Published: 14 Nov 2024 at 18:16hrs | 463 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1819 | by Staff reporter
Top Bank executive slams RBZ tight policy measures
A prominent banking executive has criticized the Reserve Bank of Zimbabwe (RBZ) for focusing too heavily on exchange rate stability at the cost of economic growth, warning that the central bank's rece...Published: 10 Nov 2024 at 11:05hrs | 1827 | by Staff reporter
The uncanny parallels between Zanu-PF and the Rhodesian Front
THE white Rhodesian regime by all accounts waged a highly effective counter-insurgency war against the guerilla forces.Its successes were across the military and intelligence spheres.T...Published: 07 Nov 2024 at 07:15hrs | 557 | by Rigid Kondongwe
Zanu-PF rubbishes Mmusi Maimane's claim
Zimbabwe's ruling party, ZANU-PF, has dismissed predictions from South African opposition MP Mmusi Maimane that it could follow the path of Botswana's ruling Botswana Democratic Party (BDP), which was...Published: 06 Nov 2024 at 16:39hrs | 2012 | by Staff reporter
Mnangagwa mourns Pathisa Nyathi, but....
President Emmerson Mnangagwa has expressed profound sorrow following the passing of revered historian and educationist Pathisa Nyathi, describing his death as an irreplaceable loss to Zimbabwe's cultu...Published: 04 Nov 2024 at 15:48hrs | 1712 | by Staff reporter
Protest against neocolonial regime held in Paris
This Monday, Paris was the scene of a significant citizen mobilization, with more than 100 posters pasted in emblematic places of the capital. Strong messages denouncing neocolonialism were placed in ...Published: 01 Nov 2024 at 10:46hrs | 269 | by Staff Reporter
Mnangagwa demands apology, reparations from Britain for colonial atrocities
President Emmerson Mnangagwa has called on the British government to formally apologize for the historical injustices endured by indigenous Zimbabweans during the colonial era, which spanned from 1890...Published: 01 Nov 2024 at 06:33hrs | 491 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3991 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4502 | by Staff reporter
'US sanctions trapping Zimbabwe to remain second-class'
Palestine's ambassador to Zimbabwe, Tamer Almassri, has criticized the intensifying economic sanctions imposed by the United States, stating that they contribute to Zimbabweans remaining second-class ...Published: 29 Oct 2024 at 07:42hrs | 135 | by Staff reporter
Shifting the Odds: How casinos are supporting responsible gaming in Africa
As the popularity of online casinos continues to soar across Africa, there is an increasing focus on ensuring that gaming remains a safe and enjoyable activity. Responsible gaming has become a top...Published: 28 Oct 2024 at 07:01hrs | 682 | 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 | 564 | by Staff reporter
Innovate Change: Best Online Casinos in New Zealand | Where to Play and Win Real Money
Multiple online casinos offer players the chance to win big while enjoying their favorite games from the comfort of home. However, not all online casinos are created equal. To help Kiwi players fin...Published: 24 Oct 2024 at 14:59hrs | 186 | by Staff Reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2204 | by Staff reporter
Minister Garwe declares that Mnangagwa is 'God-Anointed'
Local Government Minister Daniel Garwe has sparked controversy by asserting that removing President Emmerson Mnangagwa from power is not a simple task, claiming that he is "God-anointed." Garwe's rema...Published: 23 Oct 2024 at 07:56hrs | 516 | by Staff reporter
South Africa is ruled by individuals who happen to wear robes
Apartheid was "legal". Jim Crow laws in the US were "legal". Colonialism was "legal". Even the Nazis were "legal". So, what does it mean to have the rule of law? And whose law is it anyway?In ...Published: 22 Oct 2024 at 10:38hrs | 642 | by Lindiwe Sisulu
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 704 | by Admire Maparadza Dube
Ian Khama sounds alarm on Zanu-PF's election interference in Sadc
Former Botswana President Ian Khama has issued a stark warning to opposition parties in Botswana about the ruling Zanu-PF's alleged electoral manipulation in the southern African region. This developm...Published: 21 Oct 2024 at 07:50hrs | 1174 | 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
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 | 155 | by Michael Badze
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
George Guvamatanga rules out Zimbabwe exchange-rate convergence
Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at ...Published: 18 Oct 2024 at 08:53hrs | 1701 | by Staff reporter
Blade Nzimande told to resign
In response to a question from the DA regarding his potential resignation following perceived "failures," Minister Blade Nzimande asserted that the country would not go back to apartheid.In a ...Published: 17 Oct 2024 at 15:31hrs | 1297 | by Staff reporter
ZiG struggles persist
The woes surrounding the Zimbabwe Gold (ZWG) currency show no signs of abating, as retailers continue to implement a three-tier pricing system for products, complicating consumer transactions and unde...Published: 15 Oct 2024 at 08:39hrs | 2782 | by Staff reporter
Mthuli Ncube assures Zimbabweans amid ZiG volatility concerns
Finance Minister Mthuli Ncube has reassured Zimbabweans that there is no cause for alarm regarding potential volatility of the Zimbabwe Gold (ZWG) currency, citing the country's balanced local currenc...Published: 12 Oct 2024 at 11:22hrs | 376 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | 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 | 2296 | by Tendai Ruben Mbofana
Mashonaland West chiefs humiliated at a hotel
There was drama at a local hotel this Thursday when Mashonaland West Chiefs' council members were humiliated after refusing to entertain Wasvosva, Chivare and Madzorera families over chief Chivero chi...Published: 11 Oct 2024 at 08:24hrs | 1997 | by Simbarashe Sithole/Gideon Madzikatidze
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 | 6233 | by Staff reporter
Dollarisation the worst thing to do for Zimbabwe
The Zimbabwean government has remained resolute in its decision not to revert to full dollarisation, despite growing calls from businesses and citizens who prefer the United States dollar over the rap...Published: 10 Oct 2024 at 13:46hrs | 1672 | by Staff reporter
Hichilema alarmed by prospects of defeat and prosecution for corruption
When Zambia experienced democratic backsliding between 2011 and 2021, the deliberate use of legal mechanisms to weaken opposition parties played a central role. Lawfare has been a constant theme of Za...Published: 07 Oct 2024 at 17:08hrs | 2636 | by Sishuwa Sishuwa
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1411 | by Tendai Ruben Mbofana
ZLWVA mourns Tshinga Dube
"The Zimbabwe Liberation War Victims Association mourns the passing of a national hero, gallant son of the soil, the indefatigable Retired Colonel Tshinga Dube. A distinguished freedom fighter, astute...Published: 05 Oct 2024 at 18:56hrs | 849 | by Collins Chapasuka
Mnangagwa govt warns errant businesses
Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, has issued a stern warning to unscrupulous business operators seeking to exploit the exchange rate for persona...Published: 05 Oct 2024 at 17:25hrs | 3436 | 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 | 2657 | by Staff reporter
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