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Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1683 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 30 May 2025 at 12:13hrs | 72790 | by Staff reporter
Zimbabwe's repetitive licensing fees to stop in 6 months
Industry and Commerce Minister, Mangaliso Ndlovu, has pledged that the government's efforts to reduce the burden of repetitive business licenses will come to fruition within the next six months, a mov...Published: 13 May 2025 at 10:32hrs | 10876 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 811 | by Staff reporter
Foreigners tighten grip on Zimbabwe's retail sector
Foreign nationals are increasingly dominating Zimbabwe's retail sector, raising concerns over the flouting of laws that reserve the industry for indigenous Zimbabweans.Despite legal provisions...Published: 29 Apr 2025 at 08:52hrs | 1047 | by Staff reporter
Boost for Zimbabwe cancer patients
Cancer patients, including children, have received a significant boost after two banks and one of Zimbabwe's leading supermarkets donated chemotherapy drugs and financial support to two cancer care or...Published: 11 Mar 2025 at 07:16hrs | 101 | by Staff reporter
Pick n Pay store shutdown over cockroach infestation
The mayor of Tshwane, Dr Nasiphi Moya announced that a Pick n Pay store at the Blu Valley Centre, in Centurion Gauteng, has been shut down due to non-compliance with health regulations. In a v...Published: 23 Feb 2025 at 10:54hrs | 1513 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6495 | by Staff reporter
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2054 | by Staff reporter
Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 83 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 176 | by Staff reporter
Pick n Pay shuts first hyper market
Pick n Pay has quietly shut one of its Hypermarkets, the store known as Hyper Vaal. This is the first Hypermarket that has closed in the country.It is located in the Bedworth Centre, on ...Published: 11 Dec 2024 at 06:10hrs | 1557 | by Staff reporter
Robberies, muggings escalate in Bulawayo's dark suburb
The ongoing shortage of tower lights in Bulawayo's Cowdray Park suburb has become a significant contributor to the surge in criminal activities, particularly muggings and robberies, leaving residents ...Published: 09 Dec 2024 at 06:51hrs | 292 | by Staff reporter
Two pose as passengers, rob driver
Two men, Bulisani Moyo (18) from Exchange Village in Inyathi and Ocean Mpofu (20), of no fixed abode, were arraigned before the Bulawayo Magistrates' Court on Friday, facing charges of robbery after a...Published: 09 Dec 2024 at 06:49hrs | 265 | by Staff reporter
John Moxon calls meeting to sack his Meikles board
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO - and he claims someone lied that his phone had been "compromised" to keep him in the dark about it...Published: 27 Nov 2024 at 08:47hrs | 2799 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 193 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 659 | by Staff reporter
Whites want South Africa's township economy
South Africa has had Spaza shops controlled by foreigners for the better part of 30 years, and we never had food poisoning. But all of a sudden, now that white foreigners are building malls in the tow...Published: 14 Nov 2024 at 15:16hrs | 924 | by Rutendo Matinyarare
CCtv cameras in Bulawayo to help police fight crime
In a significant move to enhance security and combat crime, Bulawayo has officially launched a closed circuit television (CCTV) system that incorporates advanced technology and artificial intelligence...Published: 05 Oct 2024 at 13:15hrs | 789 | 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 | 794 | by Tendai Ruben Mbofana
Zimbabwe shops impose limits amid panic-buying?
Some shops across Zimbabwe have imposed "one item per person" rules for products such as milk to fend off panic-buying triggered by a new loss of faith in the country's latest currency.Last we...Published: 02 Oct 2024 at 07:57hrs | 1182 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3372 | by Tendai Ruben Mbofana
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2778 | by Nkosi Moyo
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9590 | by Staff reporter
Pick n Pay faces probe over alleged racism, forex looting
An investigation has been launched by the National Employment Council (NEC) for the Commercial Sectors in Zimbabwe into allegations of racism, foreign currency looting, and unfair labour practices at ...Published: 20 Aug 2024 at 16:16hrs | 1185 | by Staff reporter
TM Pick n Pay Zimbabwe boss in racism storm, pay scandal
TM Pick n Pay Zimbabwe's Managing Director, Malcolm Mycroft, faces allegations of racism, externalisation of funds, and unfair salary practices, negatively affecting local employees. Reports indicate ...Published: 31 Jul 2024 at 12:59hrs | 2720 | by Staff reporter
RBZ pleads for ZiG acceptance as informal traders insist on US dollar
The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to accept the currency for fear it will be w...Published: 10 Apr 2024 at 21:55hrs | | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
Zimbabweans urged to have confidence in new currency
Measures announced by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu in his maiden monetary policy statement on Friday should go a long way in containing prices and reducing inflation, a...Published: 08 Apr 2024 at 10:43hrs | 2 | by Staff reporter
Zimbabwe's new currency chaos
ZIMBABWEAN consumers were yesterday left stranded after businesses suspended trading using the Zimbabwe dollar following the introduction of a new currency on Friday.Reserve Bank of Zimbabwe (...Published: 07 Apr 2024 at 10:35hrs | 6 | by Staff reporter
'Mealie-meal readily available'
THE Consumer Council of Zimbabwe (CCZ) has said surveys indicate that grain and mealie-meal are readily available in both the formal and informal markets, with the consumer watchdog expressing a...Published: 04 Apr 2024 at 06:14hrs | 3 | by Staff reporter
Price of mealie-meal has dropped, says CCZ
The Consumer Council of Zimbabwe (CCZ) says there has been a slight drop in the price of mealie-meal, with the commodity now readily available on the retail market.Prices of mealie-meal shot t...Published: 03 Apr 2024 at 18:45hrs | 6 | by Staff reporter
TM Pick n Pay sued US$30,000 by customer
TM Pick n Pay Joina City is facing a US$30,000 lawsuit from Victoria Falls resident Farai Chakawa, who is seeking damages for his wrongful arrest and malicious prosecution on baseless allegations of p...Published: 16 Jan 2024 at 04:45hrs | 6 | by Staff reporter
Top retailer slapped with us$30 000 lawsuit over abuse of customer
A TOP Zimbabwean retailer has been slapped with a US$ 30,000 lawsuit by a man, who is demanding payment of damages as compensation for causing his unlawful arrest and malicious prosecution over unfoun...Published: 12 Jan 2024 at 21:10hrs | 25 | by Stephen Jakes
2 women accused of stealing vehicle moments after selling it to soldier
Two women sold a car to a soldier and then conspired to steal it within minutes of the transaction, a court heard on Thursday.Beverly Tsitsi Nherudzo, 24, of Chitepo Heights in Harare and Mary...Published: 12 Jan 2024 at 12:09hrs | 16 | by Staff reporter
ZIMRA measures to restore value chain integrity utter insensitive, says former Senator
FORMER MDC senator for Matabeleland North Chief Ndlovu from Nkayi has described the measures recently announced by Zimbabwe Revenue Authority (Zimra) meant to protect value chains integrity, issued in...Published: 05 Jan 2024 at 19:19hrs | 16 | by Stephen Jakes
Man sues Zimbabwe police over unlawful arrest
A HARARE man is suing Zimbabwe Republic Police (ZRP) Commissioner-General Godwin Matanga over unlawful arrest after he was detained for two nights for buying whisky at a local supermarket.Acco...Published: 24 Jul 2023 at 06:50hrs | 3 | by Staff reporter
Zimbabweans resort to comedy to cope with failing economy
Zimbabweans are resorting to comic relief in the face of a failing economy, as the local currency loses value by the day. After all, laughter is the best medicine.This week, government workers...Published: 16 Jun 2023 at 08:19hrs | 1 | by Staff reporter
Retailers defy Mnangagwa's government
SOME big supermarkets in Bulawayo are now exclusively charging certain goods and products in foreign currency and using the black-market rate for currency conversions in defiance of Government monetar...Published: 15 Jun 2023 at 06:44hrs | 1 | by Staff reporter
MPs summon Mthuli Ncube
MEMBERS of Parliament (MPs) have demanded — again — that Finance minister Mthuli Ncube avail himself to the National Assembly to deal with the fast-deteriorating economic situation and answer ques...Published: 12 Jun 2023 at 06:45hrs | 1 | by Staff reporter
Zimbabweans react with shock over exchange rate, price madness
CONSUMERS have reacted with shock to the extortionate and unrealistic exchange rates being applied in the pricing of basic goods in local currency by some unscrupulous retail players in Bulawayo and o...Published: 22 May 2023 at 06:35hrs | 2 | by Staff reporter
Zimbabwe in desperate need of national leaders not Mafia bosses and gang leaders!
It was the most heartbreaking sight - as images of a collapsed primary school in my home city of Kwekwe made the rounds across the country. In fact, the stab to my heart was made more excrucia...Published: 20 Mar 2023 at 09:17hrs | 11 | by Tendai Ruben Mbofana
RBZ strangles street money changers
They don't know what has suddenly hit them. It is no longer business as usual for most, if not all, illegal street money changers.They used to call the shots in the last few months, de...Published: 13 Aug 2022 at 07:23hrs | 1 | by Staff reporter
Kuda Mahachi evades journalists
WITH bated breath, Zimbabweans are waiting for Kudakwashe Mahachi to appear in public, to face the media and to have his day in court as he responds to allegations that he deliberately scalded his fou...Published: 03 Jun 2022 at 07:48hrs | 4 | by Staff reporter
Basic goods prices gallop in Zimbabwe
Bulawayo residents have called for Government controls as prices of basic commodities are increasingly getting out of reach for the majority of citizens, with retailers having adopted different foreig...Published: 02 Jun 2022 at 06:43hrs | 12 | by Staff reporter
Fraudsters registering fake domains including for Zimbabwe passports
A fraudster has registered http://zimpassports.online to defraud Zimbabweans who are desperate for the elusive Zimbabwean passport.According to the website https://who.is, whoever registered t...Published: 21 May 2022 at 18:28hrs | 2 | by Jacob Mutisi
100% uniforms price hike kills back-to-school hype
SOME retailers have raised prices of school uniforms and other school items claiming manufacturers hiked prices by up to 100 percent, dampening the back-to-school preparations by parents and guardians...Published: 02 May 2022 at 07:56hrs | 3 | by Staff reporter
Bum slap, breast groping: Man (35) arrested at Zupco bus rank
A drunk man who allegedly slapped a woman's bums before groping her breasts appeared before Western Commonage court resident magistrate Shepherd Mnjanja facing indecent assault charges.He plea...Published: 15 Apr 2022 at 09:51hrs | 16 | by Staff reporter
Govt throws its weight behind Buy Zimbabwe
GOVERNMENT will complement the efforts by Buy Zimbabwe to promote growth and competitiveness in the country's local industry, Finance minister Mthuli Ncube has said.Speaking at the 11th editio...Published: 11 Apr 2022 at 06:35hrs | 2 | by Staff reporter
ELVIS NYATHI DEATH: Activists to shutdown SA businesses in Zimbabwe
Zimbabwean activists under the banner of One Africa Movement have threatened to shut down all companies that are owned by South African investors in Zimbabwe over the gruesome murder of one Mbhodazwe ...Published: 08 Apr 2022 at 11:04hrs | 1 | by Mandla Ndlovu
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