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Capitec closes accounts of Zimbabwean Exemption Permits holders
Zimbabwean Exemption Permits (ZEP) holders in South Africa have found their Capitec bank accounts closed, leaving many in a state of uncertainty. The sudden move has sparked concerns within the Zimbab...Published: 01 Jan 2025 at 10:27hrs | 2474 | by Staff reporter
Mnangagwa's govt fails to remit teacher union funds
The government has failed to disburse funds deducted from teachers' salaries for union subscriptions, throwing the teacher unions into financial disarray and leaving them struggling to meet financial ...Published: 31 Dec 2024 at 13:54hrs | 171 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 160 | by Staff reporter
Harare bustles with last-minute Christmas shoppers
Harare was a hive of activity yesterday as shoppers crowded the city's stores for last-minute Christmas purchases, while hundreds of travelers rushed to rural areas to reunite with their families ahea...Published: 24 Dec 2024 at 12:38hrs | 150 | by Staff reporter
Woman shares heart-wrenching story behind kidnapping of newborn baby
A 39-year-old woman from Pumula South suburb in Bulawayo has opened up about the devastating circumstances that led her to kidnap a two-day-old baby from Mpilo Central Hospital in September 2023, an a...Published: 22 Dec 2024 at 10:39hrs | 224 | by Staff reporter
EcoCash apologizes for recent service disruptions
EcoCash, Zimbabwe's leading mobile money platform, has addressed recent technical challenges that disrupted services, leaving many users unable to transact smoothly.In a statement, EcoCash ack...Published: 21 Dec 2024 at 15:49hrs | 1474 | by Staff reporter
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 490 | by Staff reporter
Concerns mount over devolution fund shortfalls in Zimbabwe
The government's failure to meet the five percent constitutional threshold for devolution funding since 2019 has sparked widespread criticism. From its inception to 2023, the Inter-Governmental Funds ...Published: 17 Dec 2024 at 15:00hrs | 392 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 358 | by Constantine Chikosi
Harare town clerk operating a parallel revenue collection unit
The City of Harare (CoH) Town Clerk's office is facing scrutiny following revelations that it oversees a parallel revenue collection unit responsible for funds from the municipality's special business...Published: 14 Dec 2024 at 10:44hrs | 1439 | by Staff reporter
'Zimbabwe, SA facing migration challenges'
Human trafficking and undocumented migration present significant challenges in managing migration and protecting the rights of migrants, according to United Nations (UN) Resident and Humanitarian Coor...Published: 13 Dec 2024 at 09:41hrs | 179 | by Staff reporter
Mnangagwa gets global commendation
President Emmerson Mnangagwa's leadership as the chair of the Southern African Development Community (SADC) has received global recognition for promoting peace and stability in the region. This accola...Published: 11 Dec 2024 at 06:32hrs | 377 | by Staff reporter
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 646 | by Staff reporter
Mnangagwa reaffirms Zimbabwe's commitment to Tripartite Dialogue
President Mnangagwa has reaffirmed the Zimbabwean Government's dedication to maintaining dialogue under the Tripartite Negotiating Forum (TNF), an initiative praised by the International Labour Organi...Published: 04 Dec 2024 at 06:37hrs | 209 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 91 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 193 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 101 | by Staff reporter
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2862 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 81 | by Willias Madzimure
NetOne duped US$133,000 by auction dealer
Jeffery Mubaiwa, the director of JEFFM Auctions, appeared before Harare magistrate Apollonia Marutya on Thursday, facing charges of fraud after allegedly defrauding mobile network operator NetOne Priv...Published: 30 Nov 2024 at 13:03hrs | 72 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 365 | by Staff reporter
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 | 434 | 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 | 1809 | 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 | 1025 | 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 | 2296 | 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 | 563 | 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 | 397 | 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 | 566 | 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 | 3922 | 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 | 156 | 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 | 135 | 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 | 708 | 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 | 1440 | 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 | 322 | 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 | 89 | 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 | 350 | 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 | 1553 | 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 | 958 | 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 | 273 | 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 | 905 | 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 | 100 | 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 | 1903 | 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 | 63 | 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 | 310 | 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 | 160 | 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 | 171 | by Staff reporter
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