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Zimbabwe may scrap US$ for local transactions without notice
The government has warned that it may scrap the United States dollar for local transactions without notice in a bid to enforce acceptance of the Zimbabwe Gold (ZiG) currency.The ZiG was introd...Published: 22 Mar 2025 at 12:12hrs | 29521 | by Staff reporter
Joining the George Ayittey Society is a step towards fighting for real change in Zimbabwe
My recent acceptance into the George Ayittey Society is an honour that fills me with immense humility and gratitude. To be part of a distinguished group of scholars, intellectuals, and researc...Published: 20 Mar 2025 at 17:12hrs | 283 | by Tendai Ruben Mbofana
Police probe NSSA boss over RTG extortion plot
NSSA chairman, Emmanuel Fundira was on Wednesday questioned by the police in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior employee Paula January.The de...Published: 18 Mar 2025 at 10:45hrs | 633 | by Nathan Guma
NSSA chair implicated in extortion case
National Social Security Authority (NSSA) chairman Emmanuel Fundira was questioned by police on Wednesday in connection with an extortion case involving former Rainbow Tourism Group (RTG) senior emplo...Published: 17 Mar 2025 at 09:37hrs | 451 | by Staff reporter
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 69 | by Dr Bekithemba Mpofu
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 | 300 | by NewsHawks
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1665 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1517 | by NewsHawks
Biti slams title deed plan, calls it a reversal of land reform
Former Finance Minister and legal expert Tendai Biti has criticized the government's plan to issue title deeds to farm owners, calling it a legal and policy blunder that undermines Zimbabwe's land ref...Published: 13 Feb 2025 at 06:32hrs | 515 | by Staff reporter
Zimbabwe govt launches one-stop centre for title deed issuance
The Government has established a one-stop centre to expedite the issuance of title deeds for landholders, streamlining the process and enhancing land tenure security and productivity in Zimbabwe....Published: 10 Feb 2025 at 06:36hrs | 494 | by Staff reporter
Will SA become the next Zimbabwe with Expropriation Act?
The signing of the Expropriation Act into law has been one of the most topical subjects of 2025 so far, with the recently elected US President Donald Trump taking aim at the law on Monday, sending the...Published: 06 Feb 2025 at 09:08hrs | 755 | by Staff reporter
Bulawayo City Council slashes shop, sports and social club rates
In a significant move to alleviate the compliance burden on businesses, the Bulawayo City Council (BCC) has announced a reduction of shop licence fees and sports and social club rates by 30%. This dec...Published: 06 Feb 2025 at 07:33hrs | 1412 | by Staff reporter
RTG commits US$500 000 towards refurbishing New Ambassador Hotel
Hospitality giant Rainbow Tourism Group (RTG) is nearing the completion of a US$500,000 refurbishment of the New Ambassador Hotel in Harare. The ambitious renovation project, which began on January 6,...Published: 06 Feb 2025 at 07:22hrs | 81 | by Staff reporter
When 'change champions' want to play and win through Zanu-PF players
Some things never cease to amaze. It is common cause that the loudest opposition politicians in Zimbabwe and their mouthpieces are given to presenting themselves as "the only change champions" and cla...Published: 05 Feb 2025 at 16:02hrs | 835 | by Prof Jonathan Moyo
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2006 | by Staff reporter
'Zimbabwe banks can't seize farmers' land'
The introduction of bankable title deeds for State-owned land will not result in financial institutions seizing control of land or reverse the gains of Zimbabwe's Land Reform Programme, according to M...Published: 16 Jan 2025 at 07:04hrs | 506 | by Staff reporter
'Banks can't seize farmers' land,' says Tagwirei
The recently introduced bankable deeds for state-owned land will not result in banks seizing control of large tracts of land, or in a de facto or de jure reversal of the Land Reform Programme....Published: 15 Jan 2025 at 20:05hrs | 1005 | by Paul Ndou
Rural people need title deeds as well
Zimbabwe's largest demographic is its rural population, who have cultivated their land for generations, often for hundreds of years, without formal title deeds. Recently, the government announced plan...Published: 23 Dec 2024 at 00:45hrs | 159 | by Jacob Kudzayi Mutisi
HICC locked out Winky D after windfall from Tagwirei
Controversial tycoon Kudakwashe Tagwirei, through his Bridging Gaps Foundation, has paid the Rainbow Tourism Group (RTG) US$245,000 to block dancehall star Winky D from using the Harare International ...Published: 17 Dec 2024 at 09:57hrs | 2372 | by Staff reporter
Chaos at Mazowe mine
The situation at Mazowe Jumbo Mine is complex and marred by corruption, violence, and illegal activities. At the center of the controversy is a man named Knowledge Rutavi, who claims to be a represent...Published: 24 Nov 2024 at 17:22hrs | 1205 | by Jumbo resident
Mutumbuka's landmark case exposes the deep roots of property fraud in Zimbabwe
The problem of title deed fraud is not new to Zimbabwe, but recent cases have brought this pervasive issue into sharp focus. One of the most troubling and high-profile incidents has been the c...Published: 18 Nov 2024 at 19:44hrs | 4452 | by Tendai Ruben Mbofana
Mutumbuka gets back his house at last!
Zimbabwe's first Minister of Education, Dr. Dzingai Mutumbuka, has reclaimed ownership of his Chisipite residence following a protracted legal dispute stemming from a fraudulent title deed scheme....Published: 16 Nov 2024 at 13:45hrs | 3667 | by Staff reporter
Ex-employee wins lawsuit against Lobels
In a recent ruling, Magistrate Sharon Mashavira has ordered Lobels (Private) Limited to compensate former employee Hardlife Chauke with US$14,000 after he was wrongfully accused of theft and subjected...Published: 30 Oct 2024 at 07:56hrs | 466 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 300 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2207 | by Staff reporter
Man jailed five years for robbery
A man from Nkulumani, Bulawayo, has been sentenced to five years in prison for his involvement in a robbery.Blessing Ndebele (22) appeared before Magistrate Musayiwona Shortgame and pleaded gu...Published: 20 Oct 2024 at 17:26hrs | 244 | by Stephen Jakes
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 | 238 | by Staff reporter
Barak Obama is out of touch about Kamala!
Brother Obama, president (2008-2016) is himself the cause for the decline of support among blacks for the Democratic Party.The entry of former president Barak Obama into the fray on behalf of ...Published: 20 Oct 2024 at 14:03hrs | 179 | by Kenneth Mufuka
Zimbabwe govt launches major housing project in Matabeleland North
In a significant step toward its goal of providing affordable housing for all citizens, the Zimbabwean government has launched a new housing project in Emthunzini Township, Matabeleland North Province...Published: 19 Oct 2024 at 12:05hrs | 5952 | 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 | 1434 | by Staff reporter
Frontier Wealth Group extends their association with ZAA Australia as Nominees announced
The Zimbabwe Achievers Awards (ZAA) have announced that wealth advisory firm Frontier Wealth Group has returned as the headline partner for the ZAA Australia Edition set for 12 October in Perth....Published: 30 Sep 2024 at 12:12hrs | 190 | by Agencies
Affordable apartment options in Dubai for Zimbabwean Investors
The Dubai real estate market offers a great chance for Zimbabwean investors looking for reasonably priced apartment choices since it continues to grow and thrive. The most recent figures from Bayut's ...Published: 28 Sep 2024 at 20:02hrs | 469 | 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 | 21540 | by Staff reporter
Rapist teacher jailed 15 years
A Mathematics teacher from Kwekwe has been sentenced to 15 years in prison for the rape of a 16-year-old student during an extra lesson.Magistrate Musaiona Shortgame delivered the verdict agai...Published: 11 Sep 2024 at 08:47hrs | 277 | 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 | 9584 | by Staff reporter
Bulawayo housing stands unaffordable for many
The escalating demand for family housing in Bulawayo has driven housing stand prices beyond many people's reach, as the local authority struggles to provide enough land for the growing number of home ...Published: 02 Sep 2024 at 11:22hrs | 553 | by Staff reporter
Zimbabwe takes over Sadc Council of Ministers reins
Zimbabwe has assumed the chairmanship of the SADC Council of Ministers, taking over from Angola, ahead of the 44th SADC Summit of Heads of State and Government where President Mnangagwa will lead the ...Published: 14 Aug 2024 at 08:30hrs | 118 | by Staff reporter
Zimbabwe diaspora remittances up 17%
In the first quarter of the year, diaspora remittances to Zimbabwe surged by 17%, reaching US$490 million compared to US$420 million during the same period in 2023. This increase in remittances is see...Published: 18 Jul 2024 at 06:41hrs | 160 | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 18 | by Rutendo Bereza Matinyarare
NetOne loses ZiG285 000 to hacker
NetOne Cellular allegedly lost ZiG285,817 to a suspected hacker who exploited the RTGS to ZiG currency conversion from April this year. Takunda Gwaranda (21) appeared before Harare magistrate Mr. Denn...Published: 28 Jun 2024 at 07:39hrs | 14 | by Staff reporter
Chimombe, Mpofu appear in court
Local businessman Moses Mpofu, who runs Blackdeck Livestock and Poultry Farming, and Mike Chimombe, one of his five agents in the US$88 million Presidential Goat Scheme, are facing charges at Harare's...Published: 26 Jun 2024 at 13:04hrs | 15 | by Staff reporter
Chimombe disowned
In a new development regarding the presidential goat scheme scandal involving Zanu-PF-linked businesspersons, Blackdeck (Pvt) Limited has denied any association with Mike Chimombe, a central committee...Published: 26 Jun 2024 at 07:29hrs | 3 | by Staff reporter
Goats tender Mpofu speaks out
Moses Mpofu, a businessman associated with Blackdeck (Private) Limited, has clarified that his company received US$4.3 million (RTGS1.6 billion) under the controversial Presidential Goats Scheme in 20...Published: 25 Jun 2024 at 13:11hrs | 49 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 93 | by Dr Bekithemba Mpofu
CBZ launches mortgage finance products for Zimbabwean diasporans
CBZ Holdings Limited (CBZHL), Zimbabwe's largest financial services provider, has launched new Mortgage Finance products aimed at Zimbabweans in the diaspora ahead of the Zim Diaspora Property Showcas...Published: 14 Jun 2024 at 07:29hrs | 110 | by Staff reporter
SA parties alarmed as ANC enlists Zanu-PF help for election campaign
ZIMBABWEAN state media on Tuesday broke the news that the country's ruling party, Zanu-PF, had been called on by the ANC to assist with its final stretch of campaigning ahead of South Africa's general...Published: 19 May 2024 at 11:43hrs | 5 | by Staff reporter
Tshabangu Senator's wife deregistered by Law Society
The Law Society has officially revoked the registration of Doreen Vundhla Phulu, the spouse of Senator Kacaca Phulu, who was appointed by Sengezo Tshabangu. Richard Chidza, the spokesperson for the La...Published: 18 May 2024 at 12:01hrs | 88 | by Staff reporter
'Zimbabweans will stampede for ZiG by June'
Reserve Bank of Zimbabwe (RBZ) Governor, Dr. John Mushayavanhu has highlighted the impending surge in demand for the Zimbabwean dollar (ZiG) anticipated to occur by June. This surge is expecte...Published: 18 May 2024 at 11:47hrs | 109 | by Staff reporter
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | 2 | by Kenneth Mufuka
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