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TelOne Zimbabwe takes unconventional leap, partners with Starlink
Harare, Zimbabwe - In a surprise move, TelOne Zimbabwe, the state-owned telecommunications provider, has announced a partnership with Starlink, Elon Musk's satellite internet venture. This unexpected ...Published: 13 hrs ago | 689 | by Erick Matotoba
TelOne jumps on Starlink train
TelOne, one of Zimbabwe's largest fixed internet providers, has announced its partnership with Starlink, becoming an authorized reseller of the satellite internet service. This move comes in response ...Published: 17 hrs ago | 1650 | by Staff reporter
NetOne Unveils OneBusiness Package: A Streamlined Communication Solution for Businesses of All Sizes
NetOne has unveiled the OneBusiness Package, a comprehensive communication solution designed to empower businesses of all sizes. This innovative package offers a range of features to enhance connectiv...Published: 23 hrs ago | 376 | by Simbarashe Sithole
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 | 2672 | by Nkosi Moyo
South Africa energy poverty to deepen
I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in Septemb...Published: 11 Sep 2024 at 13:45hrs | 204 | by Engineer Matšhela Koko
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 | 1021 | 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 | 9300 | by Staff reporter
What Zimbabweans need to know about Starlink, and how to order
GREAT news for internet users across Zimbabwe - Starlink has officially launched nationwide services as of September 7, 2024.After months of anticipation and a slight delay, Zimbabweans can no...Published: 07 Sep 2024 at 16:08hrs | 2681 | by Staff reporter
Starlink Goes Live in Zimbabwe
The company officially turned on service in Zimbabwe just before midnight, Friday 6 September 2024. It's a big cheer from many areas in the country as many have awaited this moment for some time. The ...Published: 07 Sep 2024 at 10:05hrs | 322 | by Staff reporter
Zimbabwe govt intervenes to end dual pricing
The government is closely monitoring businesses that are manipulating the exchange rate by using black market rates instead of the official ZiG currency rate. This practice undermines the ZiG, which i...Published: 05 Sep 2024 at 17:07hrs | 6007 | by Staff reporter
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 | 10239 | 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 | 352 | by Simbarashe Sithole
Petrol and Diesel pump prices increase marginally
THE pump price of Petrol (E20) has increased by 1 cent to US$ 1,60/litre, while that of Diesel 50 has also increased by 1 cent to US$1,63/litreWith effect from 7 August, the Zimbabwe Energy Re...Published: 07 Aug 2024 at 14:25hrs | 363 | by Staff reporter
InDrive drivers cry foul over low fares in Bulawayo
InDrive drivers in Bulawayo have raised concerns about the rates set by the ride-hailing app, arguing that the current pricing model is unsustainable for their livelihoods.Drivers have highlig...Published: 01 Aug 2024 at 13:57hrs | 938 | by Staff reporter
Zimbabwe Central Bank says usage of ZiG has doubled
The use of Zimbabwe's bullion-backed currency has doubled since it was launched in early April, central bank Governor John Mushayavanhu told the country's Sunday Mail newspaper.The ZiG is now ...Published: 31 Jul 2024 at 07:07hrs | 915 | by Staff reporter
ZEC scandal gobbles USD100 million
The Zimbabwe Electoral Commission (Zec) tender scandal, initially estimated at US$40 million, has now ballooned to involve over US$100 million in public funds. This massive sum was misappropriated thr...Published: 10 Jul 2024 at 08:20hrs | 10 | by Staff reporter
Zimbabwe makes notable progress in Aids, malaria fight
Zimbabwe has shown notable progress in tackling major health challenges and stabilizing its economic environment, according to recent announcements by Information Minister Jenfan Muswere during a post...Published: 03 Jul 2024 at 13:57hrs | 17 | by Staff reporter
TelOne panics
TelOne Zimbabwe has partnered with Eutelsat OneWeb, a subsidiary of the French-based satellite operator Eutelsat Group, to strengthen its internet services ahead of the anticipated launch of Starlink ...Published: 02 Jul 2024 at 06:36hrs | 14 | by Staff reporter
Flimsy tactics to resist use of ZiG exposed
Some shops in Bulawayo are defying government regulations by exclusively trading in US dollars and South African rand, ignoring the Zimbabwe Gold (ZiG) currency, despite legal obligations under Statut...Published: 02 Jul 2024 at 06:29hrs | 1 | by Staff reporter
ZiG performance pleases RBZ, private sector leaders
Private sector leaders and the Reserve Bank of Zimbabwe (RBZ) have praised the performance of Zimbabwe's structured currency, the Zimbabwe Gold (ZiG), citing its stability and positive impact on price...Published: 28 Jun 2024 at 07:39hrs | 2 | by Staff reporter
Zimbabwe mining workers get US$3,55 salary increment
The National Employment Council (NEC) for the mining industry has approved a US$3.55 salary increment for mining workers for the July to December period, despite the high cost of living. This incremen...Published: 26 Jun 2024 at 07:22hrs | 3 | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 2 | by @Jamwanda2 on Saturday
Mnangagwa's wife cashes in on national dress
First Lady Auxillia Mnangagwa has reportedly been involved in profiting from the sales of Zimbabwe's national dress, a fabric she initiated and promoted, which has become ubiquitous at state and ZANU-...Published: 19 Jun 2024 at 07:37hrs | 2 | by Staff reporter
Competition for Zimbabwe's internet, data providers tightens
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) reported a significant influx of licence applications during the first quarter of the year under the converged licensing reg...Published: 16 Jun 2024 at 09:21hrs | 1 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 4 | by Staff reporter
Zimbabwe govt threatens to sanction businesses
The government has issued a warning to businesses found pricing their goods and services above the official exchange rate in a bid to stabilize the newly introduced currency, Zimbabwe Gold (ZiG)....Published: 28 May 2024 at 10:17hrs | 6 | by Staff reporter
Chivayo, ZPC in negotiations to revive Gwanda Solar project
The Zimbabwe Power Company (ZPC) and Intratrek Zimbabwe Pvt Ltd are negotiating to resume work on the proposed 100-megawatt Gwanda solar power facility, following a Supreme Court decision upholding th...Published: 25 May 2024 at 12:38hrs | | by Staff reporter
Mnangagwa's govt to extend ZiG currency crackdown to shops
The government intends to expand its crackdown on street currency traders to include retailers, ensuring that goods and services are priced using only the official exchange rate of the new ZiG currenc...Published: 18 May 2024 at 12:38hrs | 6 | by Staff reporter
CIOs go after illegal money changers 'running down ZiG'
The ruling party Zanu-PF has issued a strong warning to black market traders, accusing them of undermining the newly introduced gold-backed currency, ZiG.Christopher Mutsvangwa, Zanu-PF's secr...Published: 16 Apr 2024 at 19:16hrs | 1 | by Staff reporter
'Increase in sugar prices unwarranted'
THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recen...Published: 12 Apr 2024 at 09:49hrs | | by Staff reporter
US economist mocks Zimbabwe's new currency
United States economist Steve Hanke has derided Zimbabwe's latest currency introduction, the ZiG, asserting that the country's monetary policies resemble a merry-go-round. The ZiG, purportedly backed ...Published: 11 Apr 2024 at 08:50hrs | | by Staff reporter
Mthuli Ncube summoned over ZiG
FINANCE minister Mthuli Ncube has been summoned to Parliament to explain how the Zimbabwe Gold (ZiG) currency introduced on Friday will work.Legislators also want Ncube to amend the Finance Ac...Published: 11 Apr 2024 at 08:45hrs | 1 | by Staff reporter
'Mushayavanhu must assert himself as independent'
Businessman and economist, Nigel Chanakira, says the new Reserve Bank of Zimbabwe governor John Mushayavanhu must assert himself as an independent central banker to stabilise the local currency....Published: 11 Apr 2024 at 08:43hrs | | by Staff reporter
Mnangagwa commits to free market economy
President Mnangagwa has pledged his Government's commitment to a complete free market economy, arguing there is no justification to put the burden of price determination on the Government.In r...Published: 11 Apr 2024 at 08:36hrs | | by Staff reporter
Annual independent external audit for RBZ reserves
Independent external auditors shall audit Reserve Bank of Zimbabwe (RBZ) precious minerals and foreign currency reserves backing the country's new currency, Zimbabwe Gold (ZiG), once a year as part of...Published: 11 Apr 2024 at 08:32hrs | 9 | by Staff reporter
Retailers, service providers switch to ZiG prices
SEVERAL businesses and key service providers had by yesterday successfully converted prices of their goods and services to the new Zimbabwe Gold (ZiG) currency to ensure smooth consumer transactions....Published: 10 Apr 2024 at 06:02hrs | | 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 | 3 | by Staff reporter
Internet providers bemoan high taxation
ZIMBABWE'S internet access providers (IAPs) have raised concern about high taxes which they claim are impeding their ability to operate and forcing them to pass the costs to customers, Standardbusines...Published: 07 Apr 2024 at 10:22hrs | 1 | by Staff reporter
Service providers stop trading in Zimdollars
A MAJORITY of service providers and shops in the country were yesterday rejecting payments in local currency arguing that they were migrating to the new Zimbabwe Gold (ZiG) currency in a development t...Published: 07 Apr 2024 at 10:07hrs | 1 | by Staff reporter
RBZ scraps bank charges for low-cost accounts
IN a move meant to encourage a culture of banking, the Reserve Bank of Zimbabwe (RBZ) has announced the scrapping of bank charges for low-cost accounts.Presenting his first Monetary Policy Sta...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
Strategic Analysis of Zimbabwe's Monetary Policy and Its Implications on the Real Estate Sector
Introduction The Reserve Bank of Zimbabwe unveiled a new monetary policy aimed at stabilizing the country's currency and economy. The policy focuses on ...Published: 07 Apr 2024 at 09:17hrs | | by Dr Bekithemba Mpofu
Mnangagwa government's game of darkness
NOW, if you put President Emmerson Mnangagwa, Mthuli Ncube and Kuda David Mnangagwa-the Finance minister and deputy minister, respectively—what will you get?Correct. Darkness. Lots of darkne...Published: 31 Mar 2024 at 16:30hrs | | by Tawanda Majoni
US$15 for five bales of tobacco, a smallholder tobacco farmer's tale
Smallholder tobacco farmers are reeling under the yoke of high-interest loans, amid shocking revelations one of the farmers received a pay-out of US$15 after selling five bales of tobacco at the contr...Published: 27 Mar 2024 at 08:49hrs | 13 | by Erick Matotoba
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 2 | by Staff reporter
How NFTs have transformed the art world
The art world has historically been regarded as an exclusive domain, preserved for a select few who have the contacts, money, and expertise required to enter it. Owning a prestigious piece of art has,...Published: 22 Mar 2024 at 09:09hrs | 18 | by Staff Reporter
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
Wicknell Chivayo revives Gwanda Solar Project
The Zimbabwe Power Company (ZPC) and Wicknell Chivayo's Intratek Zimbabwe are now set to resume the long aborted 100MW Gwanda Solar Project which derailed when the controversial businessman failed to ...Published: 20 Mar 2024 at 14:24hrs | | by Staff reporter
ZPC engaging Chivayo to resume controversial Gwanda Solar Project
The Zimbabwe Power Company (ZPC) is engaging Intratek to push it to resume works at the contested 100 MW Gwanda Solar Project in Matabeleland South province, Parliament heard on Tuesday.Intrat...Published: 19 Mar 2024 at 19:56hrs | | by Staff reporter
Mahere, netizens mock Minister Mavetera's office disorder
The Minister of Information, Communication, Technology, Postal and Courier Services; Honourable Tatenda Mavetera has received massive social media backlash from former opposition Citizens Coalition fo...Published: 12 Mar 2024 at 08:23hrs | 6 | by Gideon Madzikatidze
Side-marketing a big threat to tobacco contracting companies
With tobacco auction floors opening this week senior agronomist Lazarus Gatawa has urged all tobacco farmers who are contracted to honor their contr...Published: 10 Mar 2024 at 07:10hrs | 3 | by Simbarashe Sithole
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