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Ex-NatPharm manager wins US$1m suit for unfair dismissal
In a landmark ruling, the High Court has ordered the National Pharmaceutical Company of Zimbabwe (NatPharm) to pay its former procurement manager, Raguel Mthombeni, nearly US$1 million for his unfair ...Published: 14 Nov 2024 at 14:32hrs | 403 | by Staff reporter
Bulawayo parking firm boss rolls into City Hall in US$400k Rolls Royce
Lizwe Mabuza, the chairman of Tendy Tree Investments (TTI), the company managing Bulawayo's paid parking, arrived at City Hall in a US$400,000 Rolls Royce Cullinan last week, prompting a wave of publi...Published: 14 Nov 2024 at 13:16hrs | 1782 | by Staff reporter
Kuvacash CEO up for US$286,000 theft
James Saruchera, the co-founder of global cash remittance start-up Kuvacash Private Limited, appeared in court on Tuesday, facing charges of defrauding a client of US$286,000 in a failed property tran...Published: 12 Nov 2024 at 11:11hrs | 1015 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2290 | by Staff reporter
Diasporas gift Tsholotsho with private school
A dedicated group of Zimbabweans based in South Africa has mobilized resources to construct a state-of-the-art private boarding and day school in the Tsholotsho district of Matabeleland North province...Published: 29 Oct 2024 at 07:39hrs | 551 | by Staff reporter
Zimbabwe sees US$16.3 billion in diaspora remittances over a decade
Zimbabwe has experienced a significant influx of diaspora remittances, totaling US$16.3 billion over the past ten years, as more Zimbabweans living abroad send money back home to support their familie...Published: 28 Oct 2024 at 07:05hrs | 395 | by Staff reporter
ZAA Founder on Diaspora, ZIG, Xenophobia and Julius Malema
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."Aristotle's age-old dictum has been used and sometimes abused to the point of cliché.But whatever truth; b...Published: 26 Oct 2024 at 13:02hrs | 559 | by Staff Reporter
High passport fees may hinder Zimbabwe's remittance flows
The Zimbabwe Banks and Allied Workers Union (Zibawu) has raised concerns that the country's high passport fees could significantly impede remittance flows by restricting citizens' migration opportunit...Published: 18 Oct 2024 at 12:30hrs | 3910 | by Staff reporter
Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 155 | by Michael Badze
Zimbabwe reviews national diaspora policy
The Government of Zimbabwe has launched a comprehensive review of its National Diaspora Policy, aimed at fostering stakeholder engagement and ensuring inclusive participation in national initiatives. ...Published: 17 Oct 2024 at 08:56hrs | 134 | by Staff reporter
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 706 | by Staff reporter
Top Zimbabwe lawyer given ultimatum
The Law Society of Zimbabwe (LSZ) has given prominent lawyer Wilson Manase a deadline of ten days to provide an explanation for his failure to finalize the estate of the late businesswoman Jane Maisir...Published: 13 Oct 2024 at 12:43hrs | 1428 | by Staff reporter
5 reasons Zimbabwean diaspora should choose Remitly
The flow of remittances to Zimbabwe is substantial, with diaspora remittances estimated at over US$1 billion annually, accounting for approximately 16% of the country's total foreign exchange receipts...Published: 11 Oct 2024 at 16:00hrs | 317 | by Staff reporter
Mohadi invites Diasporans to invest
Vice President Kembo Mohadi has extended an invitation to Lesotho businesses and Zimbabweans in the Diaspora to explore the wide range of investment opportunities available in Zimbabwe, aligning with ...Published: 07 Oct 2024 at 07:56hrs | 88 | by Staff reporter
Churches ready to complement religious tourism
Indigenous churches have yesterday reaffirmed their commitment to complement the government's broader strategy of clusterisation to realise the US$5 billion tourism economy by 2025.Speaking at...Published: 06 Oct 2024 at 10:34hrs | 334 | by Gideon Madzikatidze
Nyasha Magadhi: A Trailblazer in Zimbabwe's Mining Industry
Born: May 29, 2000 Occupation: Mining Entrepreneur, Consultant, Youth Advocate Founder: WeMine Zimbabwe, Ore Min...Published: 26 Sep 2024 at 17:09hrs | 1496 | by Simbarashe Sithole
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
Dexter Nduna wants to wrestle Harare, Bulawayo parking contracts
In a controversial move, Zanu-PF's resource mobilization and revenue generation chairperson, Dexter Nduna, has directed the city councils of Harare and Bulawayo to terminate their contracts with priva...Published: 26 Sep 2024 at 11:07hrs | 956 | by Staff reporter
Zim-SA cultural heritages to transform tourism and trade
Zimbabwe (Bulawayo) and South Africa (KwaZulu Natal) will benefit from their cultural heritage and related exchange programmes which are set to be synthes...Published: 17 Sep 2024 at 21:40hrs | 270 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwean diaspora urged to care for parents
A Zimbabwean official from a drought-stricken southern district has issued a heartfelt plea for Zimbabwean immigrants living in neighboring South Africa to urgently assist their families and relatives...Published: 17 Sep 2024 at 09:13hrs | 865 | by Staff reporter
Chiwenga says Zimbabwe's monetary policy is in line with SADC integration
Zimbabwe's advancements in the gold sector, including the adoption of a floating exchange rate framework, align closely with the Southern African Development Community's (SADC) goal of achieving regio...Published: 14 Sep 2024 at 16:13hrs | 903 | by Staff reporter
Chiwenga backs ZiG
Zimbabwe's monetary policy framework, coupled with the introduction of a stable currency, the Zimbabwe Gold (ZiG), has fostered transactional simplicity, certainty and predictability in the country's ...Published: 13 Sep 2024 at 13:10hrs | 2085 | by Staff reporter
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 99 | by Staff reporter
BCC developing a new diaspora policy
The Bulawayo City Council (BCC) is developing a new diaspora policy to engage Zimbabweans living abroad, aiming to harness their financial resources for local development and address challenges in fun...Published: 09 Sep 2024 at 08:14hrs | 225 | by Staff reporter
Late businesswoman's family pushed for top lawyer's arrest
The family of the late businesswoman Jane Maisiri is calling for the arrest of prominent lawyer Wilson Manase, accusing him of mismanaging her estate since her death in 2002. Manase, appointed as the ...Published: 08 Sep 2024 at 15:16hrs | 1898 | by Staff reporter
Reprieve for 39 war vets accused of public violence
The High Court has granted an application for review filed by 39 war veterans who were previously arrested for participating in an illegal gathering intended to promote public violence. Initi...Published: 31 Aug 2024 at 11:07hrs | 62 | by Staff reporter
Zimbabwe Judge orders retraining for magistrate
The High Court reviewed and found that a Harare magistrate improperly convicted a reckless kombi driver, Munyaradzi Ronde, of a lesser offense of negligent driving, resulting in an inappropriate sente...Published: 23 Aug 2024 at 06:32hrs | 307 | by Staff reporter
ZiG registers gradual growth in transactions
Zimbabwe has seen significant growth in the use of the Zimbabwe Gold (ZiG) currency in domestic transactions since its introduction in April 2024. According to Finance, Economic Development, a...Published: 22 Aug 2024 at 07:04hrs | 159 | by Staff reporter
Councillors appointed cronies to Rufaro board
The Commission of Inquiry into governance issues in Harare City Council has uncovered alleged mismanagement by CCC-appointed loyalists at Rufaro Marketing, a company managing 130 premises across the c...Published: 22 Aug 2024 at 07:03hrs | 167 | by Staff reporter
US$1m stolen from Namibian bank was paid to Mugabe's pilot
A total of N$18,8 million (US$1m) stolen from SME Bank was transferred to and laundered by former Zimbabwean president Robert Mugabe's pilot and confidant Robert Mhlanga.This is according to c...Published: 20 Aug 2024 at 16:18hrs | 8414 | by Staff reporter
RBZ has no plans to grab foreign currency received from diaspora
The Reserve Bank of Zimbabwe (RBZ) has dismissed rumors that it plans to forcefully withhold all foreign currency from diaspora remittances. This follows a viral vid...Published: 17 Aug 2024 at 12:53hrs | 1360 | by Staff reporter
TTI remits over US$1,5 million to BCC in five months
BULAWAYO City's traffic management company, Tendy Three Investments (TTI) has remitted over US$1,5 million to the local authority in parking, towing, clamping, storage and special packages fees from J...Published: 09 Aug 2024 at 07:47hrs | 257 | by Staff reporter
Mugabe never acted like a maniac as Sadc and AU Chair
I am still struggling to wrap my head around this madness. What is it about hosting a SADC heads of state and government meeting in Zimbabwe that can drive the host leader to go off the rails?...Published: 05 Aug 2024 at 16:56hrs | 510 | by Tendai Ruben Mbofana
Zimbabwe gets IOM backing to engage nationals abroad
Zimbabwe has received support from the International Organisation for Migration (IOM) to enhance its engagement with nationals living abroad. This initiative is part of the Southern African Migration ...Published: 01 Aug 2024 at 09:10hrs | 198 | by Staff reporter
Dexter Nduna threatens court action
Former Zanu-PF Chegutu West lawmaker, Dexter Nduna, has criticized City Parking for allegedly failing to use the remittances collected over the past decade for the intended purpose of maintaining and ...Published: 29 Jul 2024 at 04:16hrs | 437 | by Staff reporter
Zimbabwe foreign currency remittances hit US$1,2 billion
FOREIGN currency remittances surged by 16,5% to hit a record US$1,2 billion in the first half of 2024 leaving diasporans standing out as lucrative foreign currency earners for the economy.The ...Published: 26 Jul 2024 at 06:39hrs | 515 | by Staff reporter
Zimbabwe has the highest literacy rate in Africa, what stuff and Nonsense!
Even if he (Mnangagwa) were to die, Cabinet meetings would still be held at his grave at National Heroes Acre: the nation was told this today 17.07.2024. Such visceral statements are uttered unchallen...Published: 18 Jul 2024 at 14:56hrs | 728 | by Nomazulu Thata
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 | 159 | by Staff reporter
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6712 | by Staff reporter
Mwonzora schedules high-level meetings at SADC Summit
The opposition Movement for Democratic Change (MDC), led by Douglas Mwonzora, has announced plans to meet with three presidents attending the upcoming SADC Heads of State Summit in Zimbabwe this Augus...Published: 17 Jul 2024 at 06:57hrs | 1415 | by Staff reporter
Econet commissions over 30 sites for network expansion
Econet Wireless Zimbabwe Limited has commissioned over 30 new sites across Zimbabwe in its first quarter ending May 31, 2024, as part of its network modernization program. This initiative aims to enha...Published: 16 Jul 2024 at 06:58hrs | 152 | by Staff reporter
Chamisa's lawyer reports General Sanyatwe to Chigumba
Nelson Chamisa's ally Advocate Thabani Mpofu, has written to Zimbabwe Electoral Commission (Zec) chairperson Priscilla Chigumba, highlighting remarks made by Zimbabwe National Army commander Lieutenan...Published: 12 Jul 2024 at 21:41hrs | 122 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 55 | by Staff writer
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 192 | by Edson Mapani in Buhera
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 61 | by Nick Mangwana
TX Money Transfer vow to end 'hidden costs' in remittance market
Bard Santner, a prominent financial services firm specializing in asset management, corporate finance, and wealth management, has launched TX Money Transfer, a new remittance platform aimed at revolut...Published: 11 Jul 2024 at 07:30hrs | 11 | by Staff reporter
New player enters Zimbabwe money transfer market
A new money transfer service provider, TX Money Transfer, was launched today and is promising a more reliable, transparent and efficient experience for the transacting public.TX Money Transfer...Published: 10 Jul 2024 at 15:29hrs | 10 | by Staff reporter
Zimbabwe diaspora remittances up 18%
The Zimbabwean government's engagement with its diaspora community has resulted in an 18% increase in remittances in the first quarter of the year compared to the same period last year. This achieveme...Published: 08 Jul 2024 at 10:41hrs | 2 | by Staff reporter
Bleak outlook for Zimbabwe's consumers
Inter Horizon (IH) Securities, a prominent financial services firm, has released a sobering report on Zimbabwe's consumer spending patterns for 2024. The analysis paints a bleak picture, attributing t...Published: 07 Jul 2024 at 10:58hrs | 8 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 2 | by @Jamwanda2 on Saturday
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