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Marange communities protest ZCDC retrenchments
Communities in Zimbabwe's diamond-rich Marange fields have launched a rare protest against the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), demanding an immediate halt to a retrenchment e...Published: 01 Aug 2025 at 13:06hrs | 489 | by Staff reporter
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 79 | by Staff reporter
Zimbabwe govt fiddles while UZ burns
The University of Zimbabwe (UZ) has suspended six students accused of mobilising their peers to participate in a protest against the institution's administration, as the ong...Published: 14 Jul 2025 at 07:55hrs | 410 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 520 | by Staff reporter
Machakaire launches scathing personal attack on Mahere
Youth Empowerment Minister Tinoda Machakaire has launched a blistering personal attack on former opposition legislator and lawyer Fadzayi Mahere after she posted a series of pointed questions on socia...Published: 06 Jul 2025 at 10:54hrs | 705 | by Staff reporter
ZERA defends US$191,000 IT equipment purchase
Postal, courier volumes decline 4%MidweekThe Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has released its abridged sector performance report for the first quarter o...Published: 29 Jun 2025 at 18:57hrs | 164 | by Staff reporter
Zanu-PF cell verification attendance plummets
The ruling Zanu-PF party is facing growing signs of waning popularity in Mashonaland West, with low turnout reported in several districts during an ongoing cell verification exercise - a key process a...Published: 25 Jun 2025 at 09:00hrs | 88 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 352 | by Tendai Ruben Mbofana
Zimbabwe scores badly on questionable global rights index
Zimbabwe continues to slide deeper into repression and deprivation, with a damning new report by the Human Rights Measurement Initiative (HRMI) revealing widespread violations of civil, political, and...Published: 22 Jun 2025 at 09:06hrs | 96 | by Staff reporter
Academic scandal rocks University of Zimbabwe as standards plummet
The University of Zimbabwe (UZ), once revered as the nation's premier institution of higher learning, is now engulfed in a deepening academic scandal that threatens to destroy its already battered rep...Published: 10 Jun 2025 at 10:01hrs | 1028 | by Staff reporter
Zimbabwe's medical aid coverage crashes to just 4%
Zimbabwe's healthcare system faces a deepening crisis as health insurance coverage has plummeted to an all-time low, with just 4% of the population currently enrolled in any form of medical aid. The s...Published: 06 Jun 2025 at 18:29hrs | 524 | by Staff reporter
Kariba turns into ghost town
The eastern shoreline of Kariba, once a crown jewel in Zimbabwe's tourism industry, is fast slipping into obscurity as tourism operators flee the area amid plummeting visitor numbers, collapsing infra...Published: 06 Jun 2025 at 12:04hrs | 11503 | by Staff reporter
UZ lecturers threaten nationwide shutdown
The University of Zimbabwe (UZ) campus was the scene of intense protest Thursday as lecturers, under the banner of the Association of University Teachers (AUT), warned they would escalate industrial a...Published: 25 Apr 2025 at 14:10hrs | 1392 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 163 | by Staff Reporter
ZDF distances itself from arrested former Air Force officer in UZ salary strike
The Zimbabwe Defence Forces (ZDF) has moved swiftly to distance itself from the actions of retired Group Captain Boncace Mwakorera, a former Air Force of Zimbabwe officer, who was arrested yesterday a...Published: 17 Apr 2025 at 20:30hrs | 1621 | by Staff reporter
Lake Kariba water levels rise
Water levels at the Kariba Dam, which is shared by Zimbabwe and Zambia, have seen a steady increase in recent months, providing a glimmer of hope for both countries as they grapple with power shortage...Published: 03 Mar 2025 at 13:05hrs | 30307 | by Staff reporter
Why is the Mnangagwa regime indifferent to how corruption and human rights abuses are tainting Zimbabwe's image?
In recent years, Zimbabwe has witnessed a disturbing entrenchment of authoritarian practices under President Emmerson Mnangagwa's leadership.The regime's blatant disregard for human rights, ra...Published: 28 Feb 2025 at 11:26hrs | 484 | by Tendai Ruben Mbofana
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 407 | by Staff reporter
Zimbabwe's liberation was the greatest farce of all time
The truth can be a bitter pill to swallow, but it needs to be taken if we are to heal our nation.Zimbabwe's liberation struggle, celebrated as a triumph over colonial oppression when independe...Published: 25 Feb 2025 at 21:11hrs | 1162 | by Tendai Ruben Mbofana
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 368 | by NewsHawks
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3083 | by Staff reporter
Helen Zille and her fellow travellers are victims of their propaganda
Helen Zille and her fellow travellers are victims of their propaganda. They undermine and underestimate the MKP at their own peril. With ANC on an irreversible decline, MKP has become a key player in ...Published: 15 Dec 2024 at 11:58hrs | 1306 | by Prof. Sipho Seepe
RBZ keeps rates steady
Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has announced that the bank policy rate will remain at 35%, and statutory reserve requirements will stay unchanged, as the central bank seeks ...Published: 05 Dec 2024 at 06:55hrs | 478 | by Staff reporter
'Banks refuse to make salary payments on behalf of Zimbabwe govt'
A dramatic financial crisis has hit Zimbabwe's civil service as banks have reportedly withheld payments for thousands of public sector workers' salaries, citing the government's inability to meet its ...Published: 03 Dec 2024 at 09:58hrs | 13001 | by Staff reporter
Bheki Mtolo says Ramaphosa should also account for electoral drubbing
In what seems to be a pushback ahead of Monday's highly anticipated meeting with the African National Congress (ANC) National Working Committee (NWC), Bheki Mtolo, the provincial secretary of the ANC ...Published: 01 Dec 2024 at 12:42hrs | 382 | by Staff reporter
ZiG spawns upheavals in insurance industry
Insurers have been scrambling to reassure policyholders as market jitters resurface in the wake of the introduction of Zimbabwe Gold (ZiG) in April. With memories of the devastating currency shifts in...Published: 24 Nov 2024 at 10:13hrs | 257 | by Staff reporter
South Africa submits main legal claim to the top UN court accusing Israel of genocide
The South African legal team delivered a nearly 5,000-page document to the United Nations' top court on Monday, the latest step in a case the country brought accusing Israel of committing genocide aga...Published: 29 Oct 2024 at 09:21hrs | 414 | by Associated Press
ANC introduces its version of Chitepo School of Ideology
As the African National Congress (ANC) works to rebuild its relationship with the electorate following significant electoral setbacks, the party has declared political education a top priority. All AN...Published: 29 Oct 2024 at 08:03hrs | 561 | 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 | 240 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1436 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 263 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 658 | by Staff reporter
Bulawayo water shedding increased
The City of Bulawayo has announced an increase in its water-shedding schedule from 120 hours to 132 hours as the city's water situation continues to deteriorate. This decision follows the recent decom...Published: 06 Oct 2024 at 10:04hrs | 206 | 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 | 2670 | by Staff reporter
Mnangagwa, Chiwenga rift exposed
Public Service Minister July Moyo has revealed growing tensions between President Emmerson Mnangagwa and his deputy, Constantino Chiwenga, following the latter's conspicuous absence from a significant...Published: 05 Oct 2024 at 11:45hrs | 3904 | by Staff reporter
Mnangagwa, Chiwenga fight intensifies
The internal strife within Zimbabwe's ruling party, Zanu-PF, has escalated dramatically, with various factions vying for control as they seek to consolidate power or displace incumbent leaders before ...Published: 04 Oct 2024 at 08:51hrs | 5357 | by Staff reporter
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1085 | by Staff reporter
Mnangagwa's SONA headache
President Emmerson Mnangagwa is set to deliver his State of the Nation Address (SONA) today, facing mounting public discontent over a deepening currency crisis, soaring living costs, widespread hunger...Published: 02 Oct 2024 at 07:53hrs | 937 | 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 | 3373 | by Tendai Ruben Mbofana
Zimbabweans outraged after RBZ devalues ZiG
A storm of outrage has swept across Zimbabwe following the Reserve Bank of Zimbabwe's (RBZ) shocking decision to devalue the Zimbabwe Gold (ZiG) currency by 75%. The drastic measure has ignited a wave...Published: 28 Sep 2024 at 13:27hrs | 6784 | by Staff reporter
Zimbabwe's gold backed currency ZiG plummets by over 75%
The Reserve Bank of Zimbabwe (RBZ) today allowed the Zimbabwe Gold (ZiG) currency to fall by over 74% against the US dollar, following weeks of mounting pressure on the currency introduced in April. A...Published: 27 Sep 2024 at 13:56hrs | 961 | by Staff reporter
Steve Hanke celebrates the demise of Zimbabwe's ZiG
US-based economist and currency expert Steve Hanke has issued a stark warning about Zimbabwe's economic situation, claiming that the country's inflation rate has reached a staggering 880% per year, de...Published: 27 Sep 2024 at 08:28hrs | 21565 | by Staff reporter
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3500 | by Staff reporter
Drying Zambezi river threatens Zimbabwe and Zambia's energy future
The once-mighty Zambezi River, a lifeline for Zimbabwe and Zambia, has been reduced to a bed of sand and small puddles, signaling a severe crisis for the two nations that heavily rely on Lake Kariba f...Published: 17 Sep 2024 at 14:37hrs | 1918 | by Staff reporter
Dexter Nduna did not graduate from UZ, but attended ceremony in gown
Former Zanu-PF Chegutu West MP, Dexter Nduna, did not graduate with a law degree from the University of Zimbabwe (UZ) on Friday, despite his claims. Nduna, who currently serves as the chair fo...Published: 16 Sep 2024 at 14:39hrs | 2004 | by Staff reporter
SA Rand ignores Pravin Gordhan death
The South African rand has shown steady performance in the wake of the passing of former Finance Minister Pravin Gordhan, a key figure in the country's economic landscape. Gordhan, who served multiple...Published: 13 Sep 2024 at 16:21hrs | 1281 | by Staff reporter
ZiG exchange premium skyrockets
Leading research firms have raised alarm this week over the ballooning exchange premium for the Zimbabwe Gold (ZiG) currency, with parallels being drawn to the collapse of the Zimbabwe dollar. The rap...Published: 13 Sep 2024 at 16:03hrs | 7516 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1045 | by Staff reporter
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 | 9594 | by Staff reporter
Is Zimbabwe headed for another coup?
This season we are living in, it's not a time for a hairdo. People are perching on the edge of the cliff. There is a loud whisper drifting around, almost like a wish among many. These chaps wi...Published: 01 Sep 2024 at 10:25hrs | 2519 | by Tawanda Majoni
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