Bulawayo24 News - Skyes! "it makes perfect sense"

MP raises alarm over Kwekwe Council's 'exorbitant' rates

Member of Parliament for Mbizo Constituency, Corban Madzivanyika, has raised alarm over what he described as exorbitant municipal rates being charged by Kwekwe City Council, saying the current billing system is overwhelming residents and n…

Published: 07 Jul 2025 at 11:36hrs | 138 | by Staff reporter

ZITF urges hotels, lodges to moderate rates

The Zimbabwe International Trade Fair (ZITF) has urged the hospitality industry to reconsider its pricing structure, as exhibitors and visitors have raised concerns over high accommodation rates during the annual trade event.This issue was…

Published: 13 Apr 2025 at 09:39hrs | 168 | 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 cumulative injection of US$150 million into the…

Published: 04 Dec 2024 at 14:23hrs | 301 | by Staff reporter

RBZ hikes limits for mobile money and electronic transactions

Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctuating exchange rates. This adjustment co…

Published: 02 Nov 2024 at 08:49hrs | 5617 | by Staff reporter

Bosso fans plan Bulawayo city council rates 'boycott'?

Highlanders Football Club fans are considering a boycott of their remaining Castle Lager Premier Soccer League (PSL) matches at Barbourfields Stadium and halting payment of Bulawayo City Council rates in protest against a contentious decis…

Published: 13 Oct 2024 at 12:23hrs | 698 | by Staff reporter

Bulawayo residents face rates hike

Bulawayo residents may face higher rates and rentals next year as the city council considers revising various levies, along with introducing special road and water levies. This was revealed during the ongoing 2025 budget consultation meeti…

Published: 15 Sep 2024 at 09:58hrs | | by Staff reporter

'Bulawayo 80% forex rates illegal'

GOVERNMENT has said the decision by the Bulawayo City Council to force residents and businesses to pay 80 percent of rates strictly in foreign currency is illegal and ordered the local authority to reverse the move with immediate effect.In…

Published: 20 Feb 2024 at 05:04hrs | 1 | by Staff reporter

Reserve Bank of Zimbabwe keeps bank rate at 200%

THE Reserve Bank of Zimbabwe (RBZ) has kept its bank policy rate at 200 percent after its Monetary Policy Committee (MPC) expressed satisfaction with how the current tight monetary policy stance has helped maintain economic stability.In a …

Published: 06 Dec 2022 at 04:58hrs | 2 | by Staff reporter

Harare pegs 2023 rates in forex

Harare City Council yesterday announced its 2023 budget that has rates indexed in US dollars with a high-density suburban holder set to fork out a minimum of US$23,15 in rates and fees a month, although the law insists that the payments ca…

Published: 10 Nov 2022 at 04:54hrs | 7 | by Staff reporter

Bulawayo residents force council to shelve rates increase in 2023 budget

The City of Bulawayo is proposing a US$158 million budget for 2023 â€“ the same as this year's budget.Isaac Matare from the council's finance department said Monday that they had decided to stick to last year's budget as residents had indi…

Published: 25 Oct 2022 at 07:56hrs | 2 | by Staff reporter

Interest rate hike haunts black market kingpins

Interventions by the Reserve Bank of Zimbabwe (RBZ) to stem prolonged currency battering have sent black market rates tumbling by over 50 percentage points within a month, Inter Horizon Securities (IH) has said, but cautioned against early…

Published: 16 Aug 2022 at 06:40hrs | 2 | by Staff reporter

Bulawayo forex discounts endorsed

BULAWAYO residents are going to get a 50 percent discount for settling their rates in foreign currency, while industries will have a 30 percent discount after councillors endorsed the resolution which initially faced resistance from counci…

Published: 14 Aug 2022 at 07:20hrs | 10 | by Staff reporter

RBZ summons retailers, manufactures

RETAILERS and manufacturers have been summoned to a no-holds-barred meeting on price hikes by the Financial Intelligence Unit (FIU), a unit of the Reserve Bank of Zimbabwe, especially against the backdrop of revelations that some leading c…

Published: 17 Jul 2022 at 09:05hrs | 1 | by Staff reporter

70% of BCC debtors clear arrears

BULAWAYO City Council's (BCC) debt collection strategy is said to be paying dividends as 70% of ratepayers in the city have since cleared their arrears.Early this year, BCC said it was owed over $1,9 billion by defaulting residents.BCC fin…

Published: 28 Feb 2022 at 05:24hrs | 1 | by Staff reporter

Bulawayo 150% rates approved

BULAWAYO residents will start paying 150 percent more in rates for domestic users following Government's approval of the city's $23,8 billion 2022 budget.The new charges are effective from this month.The Local Government and Public Works M…

Published: 10 Feb 2022 at 05:31hrs | 3 | by Staff reporter

Lawyers fight police over teargas canisters

THE Zimbabwe Lawyers for Human Rights (ZLHR) on Thursday petitioned the Zimbabwe Republic Police (ZRP) to stop throwing teargas canisters into public transport and called for a written undertaking from Police Commissioner-General Godwin Ma…

Published: 03 Oct 2021 at 08:06hrs | 1 | by Staff reporter

Youths urged to take up farming seriously

YOUTHS in Mashonaland West province have been urged to take farming seriously.This was said by Zimbabwe Young Farmers Association for Sustainable Development national director of lands, projects and development, Cephas Shonhiwa onTuesday."…

Published: 03 Oct 2021 at 08:05hrs | 3 | by Staff reporter

The proposed 1000% rates hike by BCC is madness

It is totally surprising to note that Bulawayo city council wants to increase rates by 1000 percent, while the residents are waiting the out come of corruption report.Ladies and gentlemen if  we check what the council have done so far…

Published: 12 Aug 2019 at 21:46hrs | | by Nothisa Dube

Interbank rate overtakes black market

THE interbank exchange rate has surpassed parallel market rates with some banks offering more in local currency for those exchanging their foreign currency. Government last week outlawed the use of multiple currencies through new regulatio…

Published: 03 Jul 2019 at 08:25hrs | | by Staff reporter

'Black market rates to tumble'

RESERVE Bank of Zimbabwe (RBZ) top officials yesterday insisted that the parallel market rates will soon tumble because the current balance of RTGS dollars in circulation cannot sustain the prevailing exchange rates.The local currency has …

Published: 31 May 2019 at 07:41hrs | | by Staff reporter

Inter-bank, parallel market rates won't converge: Analysts

ANALYSTS say claims by monetary and fiscal authorities that the interbank market and the parallel market for foreign currency will converge are highly unlikely in the absence of a sustained supply of foreign currency.Both the Minister of F…

Published: 30 May 2019 at 07:57hrs | 3 | by Staff reporter

MDC council in massive rates hike

THE Bulawayo City Council has unilaterally increased rates and tariffs by 42 percent, despite objections by residents who had resisted the proposal during consultations held last month.The move has immediately raised the anger among reside…

Published: 12 May 2019 at 06:40hrs | 2 | by Staff reporter

Zimbabwe black market forex rate should drop to 60%

THE eagerly anticipated Monetary Policy Statement (MPS) for 2019 was finally delivered by the Reserve Bank of Zimbabwe (RBZ) governor John Mangudya on Wednesday this week, the same day the budget statement of South Africa (SA) was being pr…

Published: 22 Feb 2019 at 09:09hrs | | by Brett Chulu

Amakhosi Cultural Theatre survives closure

BULAWAYO-BASED Amakhosi Cultural Theatre has survived closure after city fathers agreed to exempt the arts centre from paying rates to the local authority amid indications water supplies had already been cut over outstanding payments, Sout…

Published: 02 Jul 2018 at 08:03hrs | 17 | by Staff reporter

Rates exemption for Nkomo Museum

THE Bulawayo City Council has exempted the Joshua Nkomo Museum in Matsheumhlope from paying rates.The Joshua Nkomo Museum is a public museum for natural history and gallery chronicling the history of the liberation struggle.According to th…

Published: 09 Jun 2018 at 15:46hrs | 2 | by Staff reporter

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ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud

RemitHope seeks to raise US$100 000 for 10 grassroots organisations in Africa

US lawmaker pushes Zimbabwe to repay white farmers

USA could finally repeal ZDERA sanctions on Zimbabwe, but...

3 men jailed for robbing Freda Mine worker in Gwanda

Security guard goes on goat stealing spree

Man finally in court 8 years after sister's murder