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Africa's inequality crisis: How government systems fuel corruption and entrench elitism
A recent Oxfam report has ignited renewed scrutiny of Africa's political and economic order, revealing a disturbing truth: while a handful of billionaires accumulate staggering wealth, hundreds of mil...Published: 14 Jul 2025 at 07:12hrs | 168 | by James Mathonsi
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 651 | by Staff reporter
Mnangagwa, Rautenbach land seizure sparks outcry
The contentious seizure of productive farmland in Goromonzi, Mashonaland East, meant to benefit close business associate of President Emmerson Mnangagwa, Muller Conrad "Billy" Rautenbach, has taken a ...Published: 07 Jul 2025 at 12:11hrs | 2921 | by Staff reporter
Gono exposes former employees
Former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has laid bare explosive allegations against his former employees Clark and Beverly Makoni, accusing the couple of fraudulently taking control...Published: 05 Jul 2025 at 14:53hrs | 178 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 311 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 191 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 640 | by Staff reporter
Pressure to investigate Chivayo mounts
Prominent Kwekwe-based human rights activist, writer, and artist Nkosilathi Emmanuel Moyo has threatened to take legal action against Speaker of Parliament Jacob Mudenda for allegedly failing to act o...Published: 25 Jun 2025 at 11:49hrs | 2086 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Chivayo flaunts wealth with new US$400,000 Rolls-Royce
Zimbabwean businessman Wicknell Chivayo, known for his flamboyant displays of wealth and deep political connections, has once again sparked public outrage after splurging more than US$400,000 on a bra...Published: 20 Jun 2025 at 07:20hrs | 1650 | by Staff reporter
Harare finalises Master Plan
Harare City Council is on the brink of finalising a comprehensive new master plan, a pivotal development set to reshape the capital's urban landscape and bring order to decades of fragmented growth. T...Published: 19 Jun 2025 at 11:27hrs | 178 | by Staff reporter
Mnangagwa under fire over controversial land to Rautenbach
President Emmerson Mnangagwa is facing mounting criticism after it emerged that his close business associate, Muller Conrad "Billy" Rautenbach, is receiving over 1,000 hectares of productive farmland ...Published: 17 Jun 2025 at 10:01hrs | 1811 | by Staff reporter
Real Estate mogul arrested in Zimbabwe
Patrick Kennan, a prominent real estate tycoon and owner of Kennan Properties, has been arrested amid serious allegations of corruption and judicial fraud involving a high-value property in Borrowdale...Published: 17 Jun 2025 at 07:26hrs | 646 | by Staff reporter
US$4,6m building plans approved by BCC
Bulawayo's construction sector is showing strong signs of growth, as the City Council approved building plans worth over US$4.6 million in April alone - highlighting rising confidence in the city's pr...Published: 16 Jun 2025 at 15:20hrs | 417 | by Staff reporter
Fraud-accused NSSA boss acquitted
Former National Social Security Authority (NSSA) investment director, Brian Murewa, has been acquitted of fraud charges involving US$25,000, following a ruling by Harare regional magistrate Donald Ndi...Published: 12 Jun 2025 at 18:49hrs | 72 | 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
Unchecked development eats up wetlands in Harare
What was once a lush expanse of fig trees, wildflowers, butterflies, and vibrant birdlife is now a patch of disturbed land under threat from bulldozers and concrete mixers. The Borrowdale wetland, nes...Published: 09 Jun 2025 at 12:38hrs | 232 | 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 | 5112 | by Staff reporter
Prophet Magaya sparks buzz with acquisition of 2025 Rolls-Royce Cullinan
Prominent religious leader and entrepreneur Walter Magaya has made headlines once again after acquiring a 2025 Rolls-Royce Cullinan, one of the world's most luxurious and expensive SUVs. The vehicle's...Published: 05 Jun 2025 at 13:27hrs | 2218 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | 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
Harare CBD buildings crumble as businesses flee to suburbs
At least 31 percent of buildings in Harare's central business district (CBD) are in poor condition, the city council has revealed, as a growing number of businesses abandon the area in favour of subur...Published: 29 May 2025 at 10:15hrs | 433 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 426 | by Jacob Kudzayi Mutisi
Radisson comes to Zimbabwe
WestProp Holdings has commenced construction of a three-storey Radisson-branded aparthotel in Harare, marking a major step forward in the company's ambitious "billion brick" vision to reshape Zimbabwe...Published: 21 May 2025 at 14:31hrs | 372 | by Staff reporter
US$43 million Victoria Falls project takes shape
ZIMRE Holdings Limited (ZHL), through its Eagle Real Estate Investment Trust (REIT), has commenced construction of the much-anticipated US$43 million Eagle Heights Mixed-Use Development in Victoria Fa...Published: 20 May 2025 at 09:45hrs | 203 | by Staff reporter
Shava appointed new NSSA boss
Dr Charles Shava has been appointed the substantive General Manager of the National Social Security Authority (NSSA), bringing to a close a protracted battle over the leadership of Zimbabwe's US$1.2 b...Published: 17 May 2025 at 12:26hrs | 696 | by Staff reporter
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 776 | by Staff reporter
Battle over new NSSA boss intensifies
The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...Published: 14 May 2025 at 15:35hrs | 1309 | 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
John Pocock and Company celebrate 70 years of service in Bulawayo
From humble beginnings in a single-room office to becoming one of Bulawayo's most trusted names in real estate, John Pocock and Company is celebrating a remarkable 70-year milestone in 2025 - a testam...Published: 09 May 2025 at 11:01hrs | 223 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2452 | by Roland Mpofu I iol
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3781 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 185 | by Staff reporter
Corporates leaving CBD in favour of suburbs - First Mutual
First Mutual Property (FMP) has reported a notable migration of corporate tenants from Harare's Central Business District (CBD) to suburban office locations, citing increased convenience and improved ...Published: 06 May 2025 at 08:39hrs | 273 | by Staff reporter
Chiyangwa in court for defrauding Guramatunhu of over US$500k in cryptocurrency
A 31-year-old man from Harare, Lloyd Chiyangwa, appeared before regional magistrate Mr. Donald Ndirowei on Friday, facing fresh money laundering charges after allegedly defrauding prominent eye surgeo...Published: 28 Apr 2025 at 12:17hrs | 214 | by Staff reporter
Chiyangwa defrauds Dr Solomon Guramatunhu of US$500,000
Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly fallen victim to a massive fraud scheme after his employee, Lloyd Chiyangwa, allegedly siphoned US$500,000 from him and used the funds to...Published: 27 Apr 2025 at 22:08hrs | 2127 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 806 | by Farai Matiashe, Al Jazeera
New shopping mall for Bulawayo
THOMPSON Properties, a real estate agency, plans to construct a shopping mall in Bulawayo, which is expected to create more than 600 new jobs for locals.Jonathan Thompson, founder of Thompson ...Published: 14 Apr 2025 at 17:46hrs | 2587 | by Staff reporter
'City on the Edge of the City' set to transform Bulawayo
Real estate firm Henock Ranching has announced an ambitious new urban development project, "City on the Edge of the City," which will be constructed on a 58-hectare gated lifestyle estate on the outsk...Published: 14 Apr 2025 at 09:04hrs | 418 | by Staff reporter
Bulawayo businesses flee CBD to suburbs
Real estate consultancy firm Knight Frank Zimbabwe has revealed that aging and poorly maintained infrastructure is a key factor behind the soaring vacancy rates in Bulawayo, which have reached a stagg...Published: 27 Mar 2025 at 06:16hrs | 3884 | by Staff reporter
Message for all Zimbabwe's Property Owners
The conviction of Prosper Bizwick by Harare magistrate Ethel Sichera has shed light on the deep-rooted corruption within the Deeds Office, exposing how those entrusted with public service can betray t...Published: 25 Mar 2025 at 21:56hrs | 1391 | by Engineer Jacob Kudzayi Mutisi
Chas Everitt expands into Zimbabwe's booming real estate market
Chas Everitt International, one of South Africa's largest real estate firms, is expanding into Zimbabwe, betting on what it sees as strong demand for high-end residential properties.Despite ch...Published: 25 Mar 2025 at 11:49hrs | 378 | by Staff reporter
Kae Chaps, Raza join MCM to fight land barons
Musician, Kudakwashe Chapepa (affectionately known as Kae Chaps) and Zimbabwe cricket's international right-handed batter, Sikandar Raza have joined Anthony McMullen, founder of MCM Estates in providi...Published: 17 Mar 2025 at 20:21hrs | 733 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe asset management landscape shifting
The asset management landscape in Zimbabwe is undergoing a significant transformation, with notable shifts in the allocation of funds under management (FUM), signaling a more cautious and strategic ap...Published: 15 Mar 2025 at 12:01hrs | 318 | 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
Warren Hills housing development abusing prison labour
The use of prison labour at a private housing development in Warren Hills, reportedly linked to businessman Ken Sharpe's real estate company, West Properties, has ignited a heated public debate. Socia...Published: 09 Mar 2025 at 14:21hrs | 389 | by Staff reporter
Mnangagwa's white ally in land grab scandal?
President Emmerson Mnangagwa is reportedly behind the imminent eviction of a number of productive indigenous farmers, including war veterans and the reigning young farmer of the year from Goromonzi, M...Published: 01 Mar 2025 at 09:31hrs | 3432 | by Staff reporter
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
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
Haulin Quarry Mine boosts Bulawayo's construction sector with competitive prices
Bulawayo's business community has lauded Haulin Quarry Mine, located in Pumula North, for its competitive pricing in building materials, which has significantly impacted the region's construction sect...Published: 11 Feb 2025 at 11:05hrs | 893 | by Mandla Ndlovu
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