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NatFoods bemoans limited ZWG acceptability
Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the...Published: 10 Dec 2024 at 07:09hrs | 719 | by Staff reporter
Diesel ban in South Africa still coming
South Africa's transition to cleaner diesel fuels remains on the horizon, with plans to ban the sale of diesel containing more than 10 parts per million (ppm) of sulfur by 2027 still in motion....Published: 06 Dec 2024 at 11:16hrs | 901 | by Staff reporter
SA-based Zimbabwe entrepreneur wins top award
South Africa-based Zimbabwean entrepreneur Nyasha Chisoko has been crowned Female Personality of the Year 2024 at the prestigious Zimbabwe Achievers Awards (ZAA). The annual event celebrates the remar...Published: 04 Dec 2024 at 15:23hrs | 321 | by Staff reporter
Zimbabwe's central bank claims success in stabilising rate and inflation
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulati...Published: 04 Dec 2024 at 14:23hrs | 291 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 192 | 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 | 96 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 81 | by Willias Madzimure
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 | 78 | 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 | 253 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 194 | by Staff reporter
Zimbabwe grapples with surge of dangerous fake and illicit alcohol
Zimbabwe is facing a major public health crisis as dangerous and illicit alcohol floods cities like Bulawayo. Among the most notorious is "njengu," a highly potent brew produced in makeshift backyard ...Published: 23 Nov 2024 at 12:53hrs | 205 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3179 | by Staff reporter
Let us use sports to come together
Around 1300 hours on November 19, 2024, I fought my way from store to store in order to obtain a football ticket so that I could attend an Afcon match between South Sudan and the home team, Bafana Baf...Published: 21 Nov 2024 at 14:29hrs | 181 | by Leonard Koni
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7666 | by Staff reporter
New Zimbabwe High Court Judge faces scrutiny over lawsuit against CIMAS
Justice Phillipa Phillips-Sadza, appointed to the High Court bench in June this year, is embroiled in a legal dispute with CIMAS, a prominent medical aid society, over an alleged mishandling of her me...Published: 14 Nov 2024 at 13:17hrs | 936 | 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
German's Scholz blames Ukraine aid for government collapse
The key reason for the collapse of Germany's ruling coalition was the refusal of Finance Minister Christian Lindner to support a budgetary plan that would increase aid to Ukraine, Chancellor Olaf Scho...Published: 07 Nov 2024 at 16:03hrs | 1468 | 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 | 193 | by Staff Reporter
Zimbabwe faces influx of counterfeit goods
The Consumer Protection Commission (CPC) has raised alarm over the rampant influx of counterfeit goods into Zimbabwe, revealing that the smuggling of these products is occurring on an industrial scale...Published: 20 Oct 2024 at 14:13hrs | 255 | 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
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 | 2785 | by Staff reporter
It's time African leaders were barred from foreign medical care!
So, the people of Cameroon have no idea where their president is. Paul Biya, who is now the oldest head of state in the world, at 91 years old, has not been seen in public for the past three m...Published: 09 Oct 2024 at 10:51hrs | 1106 | by Tendai Ruben Mbofana
2 in court for stealing relief food
A human resources and administration officer from the Department of Social Development, a depot clerk at the Grain Marketing Board (GMB) in Bindura, and a truck driver have been charged with the theft...Published: 08 Oct 2024 at 07:22hrs | 138 | 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
Zimra goes after businesses rejecting ZiG
The Zimbabwe Revenue Authority (ZIMRA) has launched a sweeping operation targeting businesses that are evading taxes and undermining the Zimbabwean currency (ZiG or ZWG) by rejecting the local currenc...Published: 27 Sep 2024 at 12:29hrs | 1395 | by Staff reporter
Zimbabwe aims to become a key blueberry supplier
Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the bl...Published: 27 Sep 2024 at 08:27hrs | 193 | by Staff reporter
Time to revisit the laws of radio and television licencing in Zimbabwe
In Zimbabwe, the landscape of broadcasting and media consumption is undergoing rapid and profound changes, primarily driven by advancements in technology. The debates surrounding the Zimbabwe Broadcas...Published: 19 Sep 2024 at 08:36hrs | 995 | by Engineer Jacob Kudzayi Mutisi
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 | 7515 | 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 | 9582 | by Staff reporter
Victoria Falls road conditions a deepening crisis for Zimbabwe's tourism hub
Victoria Falls, renowned as one of the world's most awe-inspiring natural wonders, is facing an alarming infrastructural crisis that threatens both local residents and the vibrant tourism industry tha...Published: 04 Sep 2024 at 10:15hrs | 4680 | by Staff reporter
After ditching the dollar, Zimbabwe now rushing for it at a steeper cost
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground.The problem seems to be based on how ...Published: 26 Aug 2024 at 08:11hrs | 3925 | by Staff reporter
Julius Sello Malema: a politician full of contradictions
Comments about Malema in the in South African social media confirmed my fears about him. Malema does not take critiques kindly; for this reason, he has fallen out with his right-hand-man, Shivambu: th...Published: 18 Aug 2024 at 19:26hrs | 1099 | by Nomazulu Thata
Decoloniality - a necessity in Zimbabwean Universities
Colonialism in Africa is not over, rather it is all over. One of the things that has given colonialism this staying power is the education system in Africa that largely mirrors the virtues of imperial...Published: 17 Aug 2024 at 12:54hrs | 304 | by Dr Aribino Nicholas
GWM Tanks invade Zimbabwe
AS Zimbabwe's automotive landscape continues to evolve, the vehicle that has captured my attention, as well as that of driving enthusiasts, is the GWM Tank 500. It has invaded Zimbabwe, courtesy of Zi...Published: 16 Aug 2024 at 13:31hrs | 10452 | by Andrew Muzamhindo
Old Mutual's O'mari launches home insurance solution
O'mari, the fintech subsidiary of Old Mutual Zimbabwe, has announced the launch of its new digital-first, low-cost home insurance product 'O'mari HomeCare', underwritten by Old Mutual Zimbabwe Insuran...Published: 15 Aug 2024 at 17:56hrs | 386 | by Simbarashe Sithole
Meet the Zimbabwean who paid R8m for a SA bull
Over the weekend, Zimbabwean farmer Collins Tafireyi paid R8 million for a single bull at an auction in Mpumalanga, suddenly bringing attention to his ambition to become one of Africa's biggest pedigr...Published: 06 Aug 2024 at 10:18hrs | 1083 | by Staff reporter
Over 400,000 subscribers dump DStv
MultiChoice reported a 5% decline in DStv subscribers for 2024, with drops across all packages due to economic challenges like inflation, rising interest rates, and load shedding.The 2024 fina...Published: 31 Jul 2024 at 07:11hrs | 4044 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Zimbabwe to set up vape factory
Zimbabwe is poised to become a regional hub in the tobacco value chain with the establishment of a multi-billion dollar vape production factory. This facility will extract nicotine from tobacco stalks...Published: 04 Jun 2024 at 11:49hrs | 35 | by Staff reporter
NMBZ optimistic on ZiG inflation-easing impact
Listed financial services provider, NMBZ Holdings Limited, has expressed optimism about the inflation-easing impact of the new Zimbabwe Gold (ZiG) currency, following a 209% revenue increase in the fi...Published: 21 May 2024 at 08:27hrs | 1 | by Staff reporter
Ex-Zipra war vet gets ZiG200 funeral payout
A former Zimbabwe People's Revolutionary Army (Zipra) veteran based in Bulawayo, who participated in the liberation struggle, has accused a prominent insurance broker of offering inadequate funeral pa...Published: 19 May 2024 at 12:38hrs | 4 | by Staff reporter
Econet launches mobile phone insurance
Econet Insurance, a leader in innovative short-term insurance solutions, has launched a new package covering mobile phone damage. Named Moovah Mobile Phone Insurance, the package was developed in resp...Published: 18 May 2024 at 11:00hrs | 4 | by Staff reporter
Private sector against third party insurance takeover
THE government's decision to take over the running of third-party insurance will crowd out the private sector and result in bureaucratic inefficiencies around claims processing, which will destroy eco...Published: 07 Apr 2024 at 10:21hrs | 1 | by Staff reporter
Zimbabwe set to announce fate of Zimdollar
Zimbabwe's currency plunged to yet another record low as citizens rushed to the safety of the US dollar amid speculation an announcement from the central bank on the fate of the local unit is imminent...Published: 04 Apr 2024 at 06:03hrs | | by Staff reporter
'Zimbabwe is a case study of hardships people will face in hell'
Obert Masaraure, the president of the Amalgamated Rural Teachers' Union of Zimbabwe (ARTUZ), drew a striking analogy, likening Zimbabwe's current state to a grim portrayal of Gehenna, as described in ...Published: 01 Apr 2024 at 21:29hrs | 16 | by Staff reporter
Zimbabweans prepare more for death than life
Zimbabweans prepare more for death than life with 76% of all insurance taken being funeral policies, Old Mutual Zimbabwe Group CEO, Samuel Matsekete has said.The uptake of life policies is low...Published: 11 Mar 2024 at 07:34hrs | 1 | by Staff reporter
WATCH: Chivayo gifts Alick Macheso a US$140 000 Mercedes Benz
Controversial businessman Wicknell Chivayo has given Sungura maestro Alick Macheso a US$140 000, 2022 Mercedes Benz GLE400d (Premium Plus).Posting on his Facebook page, Chivayo said the gift i...Published: 08 Mar 2024 at 15:47hrs | 3 | by Staff reporter
The Role of Autonomous Vehicles in the Future of Car Hire Services
The car rental industry stands at the crossroads of innovation and transformation. As we navigate the current landscape, characterized by traditional rental models and evolving customer preferences, a...Published: 20 Feb 2024 at 10:56hrs | 18 | by Staff Reporter
DStv announces price increases
MultiChoice has announced its annual DStv price adjustments that will kick in on 1 April 2024.Prices will increase by between 3.1% and 7.8% across DStv's satellite pay-TV portfolio. DStv's str...Published: 20 Feb 2024 at 07:53hrs | 1 | by Staff reporter
Manica Diamond offers US$20,000 for Billiat
Manica Diamonds have sneaked in front of Dynamos and other competitors in the race to sign former Warriors talisman Khama Billiat, with the Mutare-based side said to have offered him a "deal that is d...Published: 18 Feb 2024 at 09:20hrs | | by Staff reporter
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