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Zimbabwe banks process R6bn via regional payment systems
Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, mar...Published: 27 Jun 2025 at 18:32hrs | 279 | by Staff reporter
Chiwenga condemns corrupt businesspeople
Vice President Dr. Constantino Chiwenga has issued a strong condemnation of corrupt businesspeople operating without traceable capital or legitimate enterprises, describing them as a serious threat to...Published: 26 Jun 2025 at 17:29hrs | 1657 | by Staff reporter
Chiwenga warns tenderprenuers, 'The day of reckoning is inevitable'
Zimbabwe's Vice President, General (Retired) Constantino Chiwenga, has issued a stern warning to corrupt businesspeople, declaring that their "day of reckoning is undoubtedly coming" as the government...Published: 26 Jun 2025 at 17:05hrs | 1463 | 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 | 351 | by Tendai Ruben Mbofana
Chivayo's arrogance is an insult to millions of suffering Zimbabweans
There's a saying: "A soft answer turneth away wrath" - but what happens when arrogance and contempt are the response to a nation's cry for accountability?There is something profoundly disturbi...Published: 18 Jun 2025 at 19:25hrs | 679 | by Tendai Ruben Mbofana
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 107 | by Staff reporter
Zimbabwe's RTG reports sharp rebound in foreign tourist arrivals
Zimbabwe's largest hotel operator, Rainbow Tourism Group (RTG), has reported a strong rebound in foreign guest arrivals, signaling a wider recovery in the region's hospitality sector as international ...Published: 16 Jun 2025 at 14:42hrs | 156 | by Staff reporter
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 411 | by Staff reporter
Nedbank Zimbabwe wins US$2m Supreme Court case
The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...Published: 10 Jun 2025 at 17:20hrs | 962 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 313 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Gated communities redefine Bulawayo's residential landscape
Once considered exclusive enclaves for the elite, gated communities are rapidly transforming the urban fabric of Bulawayo, introducing new standards of security, lifestyle, and legal property ownershi...Published: 09 Jun 2025 at 08:42hrs | 5115 | by Staff reporter
MPs grill Minister Masuka over bankability of new 'Title Deed'
Parliamentarians have raised concerns over the government's newly introduced comprehensive land tenure policy, pressing Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr. Anxious ...Published: 02 Jun 2025 at 16:18hrs | 461 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 721 | by Staff reporter
Teachers petition Rights Commission over labour injustices
The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has filed a formal complaint with the Zimbabwe Human Rights Commission (ZHRC), accusing the government of systematically violating the rights o...Published: 26 May 2025 at 07:55hrs | 18 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 678 | by Agencies
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
'Zimbabwe title deeds within Constitutional framework'
The issuance of title deeds to A1 and A2 farmers, a policy introduced by President Emmerson Mnangagwa last year, is being carried out in full compliance with Zimbabwe's Constitution, Minister of Lands...Published: 13 May 2025 at 10:12hrs | 209 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1690 | by Staff reporter
Why is the greed of Zimbabwe's leaders so insatiable - even at the cost of the nation?
Killing the goose that lays the golden egg! There is a peculiar kind of greed that afflicts some leaders - one so insatiable it defies logic. It is a form of acquisitive madness that t...Published: 12 Apr 2025 at 09:17hrs | 78 | by Tendai Ruben Mbofana
Zimbabwe decentralises title deed processing system for farms
The Government has embarked on a nationwide decentralisation of the farm title deed processing system in a bold move to streamline land tenure services and improve access for farmers across the countr...Published: 06 Apr 2025 at 11:24hrs | 217 | by Staff reporter
Zimbabwe may scrap US$ 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 | 29746 | 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 | 637 | 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 | 463 | 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 | 78 | 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 | 364 | 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 | 1668 | 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 | 1543 | 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 | 516 | 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 | 503 | 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 | 759 | 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 | 1426 | 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 | 84 | 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 | 836 | 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 | 2046 | 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 | 508 | 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 | 1009 | 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 | 162 | 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 | 2375 | 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 | 1232 | 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 | 4465 | 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 | 3675 | 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 | 469 | 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 | 305 | 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 | 2208 | 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 | 245 | 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 | 240 | 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 | 182 | by Kenneth Mufuka
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