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RBZ allows companies to buy up to US$100 000 weekly
THE Reserve Bank of Zimbabwe has moved to allow companies to purchase up to US$100 000 per week from local banks for purposes of undertaking bona fide payments and moved to maintain the current intere...Published: 4 hrs ago | 148 | by Staff reporter
Hwange 'explosion' blackouts Zimbabwe
THE major power blackout that hit Zimbabwe on Tuesday and Wednesday was reportedly a result of a massive explosion at Hwange Power Station's power generation Unit 4 on Tuesday, NewsDay Weekender has b...Published: 4 hrs ago | 377 | by Staff reporter
Security guard attacks lover over pictures
IN a fit of anger, a man from Bulawayo who is employed as a security guard assaulted his girlfriend with a baton stick all over her body as punishment for deleting her pictures from his phone....Published: 30 Sep 2022 at 06:16hrs | 811 | by Staff reporter
Hwange Unit 7 trial run starts
ENGINEERS have started synchronising various sub-systems at the Hwange Thermal Power Station Unit 7 plant which is 97 percent complete and ready for commissioning in November, paving way for its conne...Published: 29 Sep 2022 at 05:56hrs | 414 | by Staff reporter
Zimdollar, US dollar exchange rate cleavage narrows
THE narrowing of the gap between parallel market and official exchange rates from an elevated level of 140 percent in May to current levels of between five percent and 15 percent is a significant move...Published: 29 Sep 2022 at 05:56hrs | 1515 | by Staff reporter
Zimra clearing agent in US$437,000 fraud
A REGISTERED Zimbabwe Revenue Authority (Zimra) clearing agent appeared at the Harare magistrates court charged with fraud after he converted to own use US$437 433 he had mistakenly received from the ...Published: 28 Sep 2022 at 06:01hrs | 894 | 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 | 295 | by Staff reporter
Beatrice Mtetwa issues summons for former clerk
HUMAN rights lawyer Beatrice Mtetwa and Tawanda Nyambirai's law firm has issued summons to former clerk, Tendayi Satarawu Murambiza who admitted to embezzling US$128 000 from the law firm.Mura...Published: 27 Sep 2022 at 05:56hrs | 511 | by Staff reporter
Harare City Council resumes US dollar charges
THE Harare City Council (HCC) has reissued its request for United States dollars (US$) payments for on-demand services after it stopped taking foreign currency due to a Reserve Bank of Zimbabwe (RBZ) ...Published: 27 Sep 2022 at 05:53hrs | 465 | by Staff reporter
Zimbabwe parliament cancels controversial laptops tender
Parliament last week officially cancelled the tender for the supply of laptops and desktop computers it had awarded to two companies after the Ministry of Finance and Economic Development flagged the ...Published: 27 Sep 2022 at 05:48hrs | 244 | by Staff reporter
Chamisa's lawyer Zacc in crosshairs
TOP lawyer, Advocate Thabani Mpofu is in Zimbabwe Anti-Corruption Commission (Zacc)'s crosshairs following allegations that he received "an inducement" from accused persons to conceal racism and human...Published: 26 Sep 2022 at 06:02hrs | 2210 | by Staff reporter
Mutinhiri in bitter farm dispute
FORMER Marondera East legislator Tracy Mutinhiri is embroiled in a bitter land dispute with a white commercial farmer Rijk Yates over the ownership of a farm in the district.Yates was contract...Published: 26 Sep 2022 at 05:59hrs | 2403 | by Staff reporter
Biti questions Zimbabwe external debt figure
FORMER Finance minister and Harare East legislator Tendai Biti has questioned the country's current external debt and says that the actual figure was likely higher than what government has disclosed....Published: 26 Sep 2022 at 05:59hrs | 666 | by Staff reporter
Govt mulls bond for diasporans
GOVERNMENT is set to introduce a diaspora bond for Zimbabweans overseas as it seeks to raise investment levels in the country.This was revealed by the Finance and Economic Development minister...Published: 26 Sep 2022 at 05:57hrs | 538 | by Staff reporter
'Councils pay for undelivered goods'
MOST local authorities have yet to submit last year's accounts for audit, with only 21 of the 92 having done so by the end of the May deadline, the Auditor-General, Mrs Mildred Chiri, has said....Published: 26 Sep 2022 at 05:54hrs | 165 | by Staff reporter
Zacc fails to account for expenses
The Zimbabwe Anti-Corruption Commission (Zacc), has failed to produce supporting documents to validate its expenditure in the previous year to auditor-general, Mildred Chiri, a situation that may have...Published: 25 Sep 2022 at 16:46hrs | 197 | by Staff reporter
Zimbabwe universities adjust fees structures
STATE universities in the country have raised their tuition fees in line with regional trends to cover operational costs.Lupane State University (LSU) released their new fee's stru...Published: 25 Sep 2022 at 16:43hrs | 509 | by Staff reporter
BCC demands US$60 million for power station
THE Bulawayo City Council (BCC) has insisted that they will only part with the title deeds of the Bulawayo Power Station if the Zimbabwe Power Company (ZPC) concedes to pay US$60 million in royalties....Published: 25 Sep 2022 at 16:43hrs | 228 | by Staff reporter
Bulawayo schools operating without water
MORE than half of Bulawayo's schools are operating without water after council disconnected supplies due to non-payment of rates amid reports that they owe council a combined $100 million while those ...Published: 25 Sep 2022 at 10:38hrs | 330 | by Staff Reporter
Cartels bay for Mthuli Ncube's blood
PREDATORY cartels of "tenderpreneurs" preying on Zimbabwe's lax procurement systems, prejudicing government of millions of United States dollars, are baying for the blood of Finance minister Mthuli Nc...Published: 23 Sep 2022 at 19:26hrs | 7877 | by Staff reporter
Zimra fails to receipt ZW$1,6bn
THE Zimbabwe Revenue Authority (Zimra) failed to receipt deposits from clients worth close to ZW$2 billion (about US$3 million) last year, according to the Auditor-General Mildred Chiri.This i...Published: 23 Sep 2022 at 19:24hrs | 486 | by Staff reporter
LSU procurement rocked by serious irregularities because of non qualified leadership
Lupane State University is one of the Universities that offer a Degree in Supply Chain Management, but its Procurement Management unit (PMU) is poorly managed as a non-procurement was assigned to over...Published: 23 Sep 2022 at 12:17hrs | 1004 | by Stephen Jake
Matabeles not Zimbabweans: the sooner Zimbabweans accept this glaring fact the better
Matabeles are not Zimbabweans, they have never been and will never be Zimbabweans. On the same breath, Matabeleland is not Zimbabwe and Zimbabwe is not Matabeleland. This should sink into the ...Published: 23 Sep 2022 at 11:17hrs | 1297 | by Israel Dube
Zanu-PF exposed as government backtracks on title deeds
THE government continues to derail the issuance of title deeds to urban dwellers in high density suburbs alleging there are many processes involved.Citizens Coalition for Change (CCC) Mufakose...Published: 23 Sep 2022 at 05:57hrs | 1160 | by Staff reporter
Crisis in Zimbabwe health sector deepens
AUDITOR-GENERAL (AG) Mildred Chiri has exposed the rot in the country's health sector, where there is serious understaffing and shortages of equipment with no ambulances having been procured between 2...Published: 23 Sep 2022 at 05:55hrs | 605 | by Staff reporter
Teachers dismiss latest Govt salary hike, demand US$540
The Progressive Teachers Union of Zimbabwe (PTUZ) says the salary increment for teachers and other civil servants was an insult to hardworking government employees.The civil service offered a ...Published: 22 Sep 2022 at 06:08hrs | 1575 | by Staff reporter
Zimdollar shortage hits the country
ZIMBABWE has been hit by Zimdollar shortages, a situation that has resulted in long-winding queues resurfacing at banks throughout the country.Of late, banks have been disbursing less than $5 ...Published: 22 Sep 2022 at 06:04hrs | 1210 | by Staff reporter
Billions vanish from Zimbabwe govt coffers?
MILLIONS of United States dollars and billions in local currency have vanished from government coffers due to accounting malpractices and breach of protocol, with no paper trail to back the spending....Published: 22 Sep 2022 at 06:02hrs | 994 | by Staff reporter
USD pay rise for Zimbabwe civil servants
GOVERNMENT has offered a 25 percent salary increment to civil servants in United States dollar terms which will result in State employees getting US$200 effectively this month.The workers have...Published: 21 Sep 2022 at 05:59hrs | 1414 | by Staff reporter
Bulawayo council in key roads upgrade
THE Bulawayo City Council (BCC) is set to rehabilitate 14 key roads and the programme starts with immediate effect after Government recently released funds for road works that will be done until mid-D...Published: 21 Sep 2022 at 05:57hrs | 167 | by Staff reporter
Zinara stops US$70 million payment to bogus entity
THE new Zimbabwe National Road Administration (Zinara) board stopped a US$70 million legacy payment to a company called Golden Roads whose terms of reference were not clearly defined in the contract....Published: 20 Sep 2022 at 18:44hrs | 464 | by Staff reporter
Zanu-PF-linked land baron up for fraud
Zanu-PF affiliated bogus land baron, Tafadzwa Kambarami, was over the weekend arrested on charges of fraud after he sold land belonging to party youths to an unsuspecting client.Kambarami (33)...Published: 20 Sep 2022 at 06:09hrs | 1017 | by Staff reporter
Zimbabwe govt refreshes 99-year leases
FARMERS who benefited from the land reform programme will now acquire 99-year leases after government eased the process of acquiring the documents by introducing new securitised offer letters....Published: 20 Sep 2022 at 06:04hrs | 811 | by Staff reporter
Zimbabwe's high inflation forecast to plunge to 3%?
ZIMBABWE's month-on-month inflation rate is expected to fall to three percent by year-end while the annual rate is seen dropping below 100 percent on the back of monetary and fiscal interventions the ...Published: 20 Sep 2022 at 06:02hrs | 222 | by Staff reporter
Zimdollar to further strengthen?
The Zimbabwe dollar is likely to strengthen as extra strands in the policies to decrease the amount of local currency in bank accounts, while increasing the amount of foreign currency in official mark...Published: 20 Sep 2022 at 06:02hrs | 763 | by Staff reporter
Public procurement loopholes enable looting of Covid-19 goods
THE absence of statutes aimed at managing the procurement of goods and services and their issuance in times of emergency in Zimbabwe led to the country not getting value for the funds it invested towa...Published: 19 Sep 2022 at 20:02hrs | 268 | by Staff reporter
Mthuli Ncube vows to punish government officials facilitating inflated tenders
FINANCE Minister, Mthuli Ncube has upped the anti- inflated- tender scams threatening to take disciplinary measures on any of the government officials found on the wrong side of facilitating such frau...Published: 19 Sep 2022 at 19:36hrs | 531 | by Staff reporter
UZ taken to court by students over fees
UNIVERSITY of Zimbabwe (UZ) students have taken the institution and its vice-chancellor Paul Mapfumo to court challenging the recent increase in tuition fees.The university recently increased ...Published: 19 Sep 2022 at 06:06hrs | 901 | by Staff reporter
Zimbabwe govt warns schools turning away learners
THE Primary and Secondary Education ministry insists that schools have no mandate to turn away learners for delayed payment of fees.Speaking to NewsDay the director for communications and advo...Published: 19 Sep 2022 at 06:05hrs | 554 | by Staff reporter
Zanu-PF stretching the truth on prices
YOU know we are in the election season when the Zanu-PF government starts lauding itself over non-existent economic improvements.The latest self-praise comes from the Treasury, the Reserve Ban...Published: 19 Sep 2022 at 06:01hrs | 498 | by Staff reporter
Zimbabwe expects record 380 000 tonnes wheat harvest
FARMERS have started harvesting the winter wheat crop and for the first time since wheat growing started in 1966, Zimbabwe expects to reach self-sufficiency with a harvest of 380 000 tonnes.Sp...Published: 19 Sep 2022 at 05:57hrs | 215 | by Staff reporter
Treasury blows whistle on plot to loot public funds
ZIMBABWE'S Treasury has exposed a calculated plot to loot public funds through an inflated tender awarded by Parliament to two companies which are charging astronomical prices for the supply of laptop...Published: 18 Sep 2022 at 16:57hrs | 937 | by Staff reporter
Mnangagwa greenlights new university fees
PRESIDENT Mnangagwa has bemoaned the low uptake of Government facilitated loans by students at the country's tertiary institutions amid reports that only 10 000 students have benefited so far despite ...Published: 18 Sep 2022 at 16:53hrs | 346 | by Staff reporter
Zacc goes after schools refusing local currency
THE Government has advised parents to report schools that are refusing fees in local currency to the Zimbabwe Anti-Corruption Commission (Zacc), saying doing so was a breach of the learners' constitut...Published: 18 Sep 2022 at 16:51hrs | 83 | by Staff reporter
Mnangagwa dangles duty-free cars for councillors
GOVERNMENT has reviewed councillors' allowances as President Emmerson Mnangagwa said he had approved a scheme to import vehicles duty free.Mnangagwa also said councillors would get special ter...Published: 17 Sep 2022 at 06:48hrs | 3086 | by Staff reporter
Oscar Pambuka, Psychology Maziwisa head back to Chikurubi Prison after bail pending appeal thrown out
FORMER Zanu-PF legislator, Psychology Maziwisa and ex-ZBC broadcaster, Oscar Pambuka, could be heading back to jail after their appeal against conviction and sentence in the Zimbabwe Power Compa...Published: 16 Sep 2022 at 19:02hrs | 2177 | by Staff reporter
Zimbabwe war vets demand Parliament seats
Zanu-PF's war veterans have told President Emmerson Mnangagwa to reserve seats in Parliament exclusively for the 1970s liberation war fighters to preserve the party's rule.Presenting the war v...Published: 15 Sep 2022 at 05:56hrs | 603 | by Staff reporter
Zimdollar exchange rate stability false, economists warn
ECONOMISTS yesterday warned that the current exchange rate stability, which is largely a result of local currency shortages on the market is "false" and will be short-lived.Economist Eddie Cro...Published: 15 Sep 2022 at 05:55hrs | 1275 | by Staff reporter
Parastatals defy govt directive on US$
SOME government departments are reportedly still demanding payment exclusively in United States dollars (US$) in defiance of a government directive to accept both local currency and US$.Treasu...Published: 15 Sep 2022 at 05:54hrs | 654 | by Staff reporter
Zesa explains increased load shedding
THE Zimbabwe Electricity Transmission and Distribution Company (ZETDC) says the current increased load shedding is due to depressed generation capacity at its power stations.According to gener...Published: 14 Sep 2022 at 17:44hrs | 633 | by Staff reporter
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