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Mystery over council's vanished US$4,5m loan deepens
A forensic audit has revealed that Harare City Council's US$4.5 million loan to Harare Quarry Private Limited was advanced without a formal agreement, raising concerns over governance and financial mi...Published: 03 Apr 2025 at 08:16hrs | 276 | by Staff reporter
Supplier fails to deliver 50 cars to Zimra
THE Zimbabwe Revenue Authority (Zimra) reportedly paid a staggering US$209 million for 85 vehicles but only received 15 Toyota Hilux vehicles, with none of the 50 Toyota Corolla vehicles delivered, Pa...Published: 01 Apr 2025 at 08:43hrs | 936 | by Staff reporter
Elderly Bulawayo couple sentenced for exploiting bank glitch
An elderly couple from Bulawayo, who took advantage of a technical glitch at Stanbic Bank Zimbabwe to embezzle over US$30,000, has been sentenced to seven years in prison.Frank Sibanda and his...Published: 27 Mar 2025 at 06:06hrs | 592 | by Staff reporter
Zimbabwe takes delivery of 700 tractors, 80 combine harvesters
Zimbabwe has significantly boosted its farming capabilities by acquiring 800 units of state-of-the-art farm equipment from Belarus, including over 700 tractors, a move that promises to revolutionise t...Published: 23 Mar 2025 at 08:11hrs | 510 | 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
Businessman dupes investor of US$48k in toilets deal
A Harare businessman has been convicted of fraud after swindling an investor out of US$48,000 in a failed deal to import mobile toilets.Takudzwa Munyawarara, a director of Exclusive Projects P...Published: 16 Mar 2025 at 09:23hrs | 111 | by Staff reporter
POSB starts selling Belarus tractors
People's Own Savings Bank (POSB), one of the financial institutions selected by the Government to facilitate the resale of Belarus tractors to Zimbabwean farmers, has announced that the equipment is n...Published: 14 Mar 2025 at 17:28hrs | 973 | 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 | 69 | by Dr Bekithemba Mpofu
Mahiya tells war veterans to defend Zanu-PF values
Veterans of the liberation struggle must take the lead in promoting and upholding the values of Zanu-PF, with individuals who violate these principles facing expulsion, Secretary for War Veterans in t...Published: 12 Mar 2025 at 07:41hrs | 489 | by Staff reporter
Emmerson Mnangagwa and the 26 criminals around him
In November 2017, former President Robert Mugabe was removed from office and his crime, according to the putschists who ousted him in a coup, was that he had allowed himself to be surrounded by crimin...Published: 08 Mar 2025 at 15:51hrs | 1671 | by Luke Tamborinyoka
Zimbabwe war vets start applying for loans
War veterans across Zimbabwe have begun applying for loans from the US$1.5 million revolving fund under the Presidential War Veterans Fund, which is now being disbursed across all 10 provinces....Published: 01 Mar 2025 at 08:57hrs | 103 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 186 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 399 | by Staff reporter
Jabulani Sibanda warns of re-colonisation amid war veterans' disunity
Outspoken Zanu-PF Bulawayo provincial chairperson Jabulani Sibanda has cautioned that Zimbabwe faces the risk of re-colonisation due to increasing disunity among citizens, particularly within the rank...Published: 11 Feb 2025 at 06:44hrs | 1062 | by Staff reporter
Bogus ZNA recruitment agent jailed for conning aspiring recruit
A fake Zimbabwe National Army (ZNA) recruitment agent has been sentenced to an effective two years and two months in prison after swindling a potential recruit of US$632.Whyson Magura was conv...Published: 10 Feb 2025 at 11:51hrs | 306 | by Staff reporter
Mnangagwa regime is deceiving war veterans into a dangerous debt trap
The "schemes" keep coming! Yesterday, the Zimbabwean government unveiled yet another scheme ostensibly aimed at improving the livelihoods of veterans of the country's liberation struggle. ...Published: 07 Feb 2025 at 20:26hrs | 712 | by Tendai Ruben Mbofana
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1318 | by Staff reporter
Harare cops sentenced to community service for extortion
Three Harare-based police officers have been sentenced to perform 315 hours of community service at Seke North Clinic after being found guilty of extorting US$5,500 from a fraud suspect. The convicted...Published: 06 Feb 2025 at 07:18hrs | 261 | by Staff reporter
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 | 2006 | by Staff reporter
Pay back US$38 500, businessman ordered
A Kwekwe businessman, James Paradza (46), has been convicted of theft after defrauding Bhola Hardware City of cellphones and accessories worth US$38,500. The ruling was delivered after a full trial be...Published: 31 Jan 2025 at 07:26hrs | 501 | by Staff reporter
Woman breaks down in the dock
A tearful woman appeared before Harare Magistrate Lisah Mutendereki today, recounting the emotional and financial toll she has endured after allegedly being swindled out of US$5,000 by a man who promi...Published: 30 Jan 2025 at 06:54hrs | 421 | by Staff reporter
Woman awarded US$32,500 in landmark divorce settlement
A Harare woman, Letwin Kadiyo, has been awarded US$32,500 as a divorce settlement from her husband of 10 years, Kudakwashe Naison, in a court ruling that recognised both financial contributions ...Published: 29 Jan 2025 at 08:41hrs | 285 | by Staff reporter
Tshabangu's actions disrupted the parliamentary balance of power
Former Bulawayo South MP Nicola Watson has accused Zanu-PF of orchestrating Sengezo Tshabangu's controversial recalls of Citizens Coalition for Change (CCC) members to serve its political agenda, incl...Published: 28 Jan 2025 at 21:58hrs | 1020 | by Staff reporter
Gweru court orders bogus lawyer to pay US$15,000
A Gweru magistrate has ordered a man who posed as a lawyer to repay US$15,000 he fraudulently obtained from a local woman in a botched divorce settlement.Takunda Manjokota, 37, was sentenced b...Published: 24 Jan 2025 at 07:54hrs | 147 | by Staff reporter
China's meddling in Zimbabwe's internal politics unwelcome and against international law
China's actions in Zimbabwe are becoming increasingly disturbing, with its flagrant interference in the country's internal political affairs going beyond what is acceptable under international law. ...Published: 12 Jan 2025 at 23:11hrs | 590 | by Tendai Ruben Mbofana
RBZ unveils another 'looting scheme'
The Reserve Bank of Zimbabwe (RBZ) has introduced the Targeted Finance Facility (TFF) with an aim to provide affordable credit to key productive sectors such as agriculture, manufacturing, and mining....Published: 11 Jan 2025 at 08:20hrs | 1178 | by Staff reporter
ZANU-PF feverish defence of Chinese looting proves Zimbabwe now a colony!
A few days ago, renowned economist and former member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee, Eddie Cross, made some interesting revelations. He claimed that there are ...Published: 09 Jan 2025 at 16:20hrs | 1339 | by Tendai Ruben Mbofana
5 years for knifing neighbour in debt dispute
A 32-year-old man from Tsholotsho, Edward Sibanda, was sentenced to five years in prison after being convicted of attempted murder for stabbing his neighbour five times in a violent altercation over a...Published: 31 Dec 2024 at 13:42hrs | 76 | by Staff reporter
Tongaat Hulett to sell Zimbabwe operations in ZAR5.9 billion deal
South African agriculture and agri-processing giant, Tongaat Hulett Limited (THL), has announced its decision to offload its Zimbabwe operations to the Vision Group, a South African investment consort...Published: 29 Dec 2024 at 08:49hrs | 1098 | by Staff reporter
Honoring Bishop Kazembe: a true Revolutionary who held on to ZANU PF in darkest times
Great Republic of Zimbabwe - The story of (Cde) Bishop Lawrence Jasi Kazembe popularly know as Vakuru Vekare is one that has often been kept in the shadows, yet it is a story that needs to be told, fo...Published: 24 Dec 2024 at 16:34hrs | 512 | by Maxwell Haitengeswinyika Teedzai
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 677 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 299 | by Staff reporter
'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1744 | by Staff reporter
Global interventions to end HIV and AIDS: A call for sustained action
As the world marks over four decades since the emergence of HIV and AIDS, the global response has evolved from fear and stigma to hope and determination. Through innovative interventions, robust fundi...Published: 03 Dec 2024 at 14:25hrs | 356 | by Marilyn Mutize
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 | 195 | by Staff reporter
Phala Phala: Ramaphosa, the missing millions, and the phantom buffalo deal
As the Constitutional Court mulls its judgment in the Economic Freedom Fighters' (EFF) legal challenge this week against Parliament's decision to dismiss an impeachment inquiry into President Cyril Ra...Published: 29 Nov 2024 at 07:43hrs | 599 | by Hope Ntanzi
Zimbabwean accountant in R17m theft from Joburg non-profit entity
A ZIMBABWEAN accountant is in trouble for the theft of over R17 million from his former employer, Johannesburg-based non-profit company Education and Training Unit (ETU), over a period of six years....Published: 24 Nov 2024 at 16:01hrs | 2570 | by Staff reporter
Private sector efficiency: South Africa's Murray & Roberts enters business rescue
Murray & Roberts (M&R) Limited has entered business rescue due to a severe cash crunch in its South African operations. The company, whose shares have fallen 64% recently, is also look...Published: 24 Nov 2024 at 15:40hrs | 2039 | by Staff reporter
Delma Lupepe faces eviction by Obert Mpofu
Once a flamboyant businessman in Bulawayo, Delma Lupepe is now embroiled in a legal battle after allegedly refusing to vacate a rented residential property in Burnside despite owing US$20,000 in unpai...Published: 24 Nov 2024 at 13:12hrs | 3023 | by Staff reporter
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11712 | by Staff reporter
Mohadi commissions Mnangagwa Clinic
Vice President Kembo Mohadi yesterday officially commissioned the Dr Auxillia Mnangagwa Clinic, a state-of-the-art healthcare facility built to honor the First Lady's philanthropic and health advocacy...Published: 16 Nov 2024 at 14:23hrs | 272 | by Staff reporter
Ex-magistrate in court for using Dr Makamba's name to commit fraud
Former Bindura magistrate Edith Kakuruwo and her co-accused, Elvis Muzavazi, appeared at the Bindura Magistrates' Court facing charges of defrauding a businessman of over US$3,000 by allegedly misusin...Published: 14 Nov 2024 at 13:42hrs | 1579 | 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 | 2307 | by Staff reporter
Woman jailed four years for fraud
A 46-year-old woman from Harare, Betty Makura, has been sentenced to four years in prison for defrauding a local company director of $40,000 in a fraudulent residential stands deal. The ruling was mad...Published: 03 Nov 2024 at 10:18hrs | 342 | by Staff reporter
Manager in court over ghost workers
Tinashe Madzima, a human resources manager at Livetouch Investments Private Limited, appeared in court on Tuesday facing fraud charges after allegedly creating fictitious employee accounts to defraud ...Published: 31 Oct 2024 at 06:50hrs | 686 | by Staff reporter
Willowgate linked minister in another scandal involving 'stolen' millions
The High Court has mandated Public Service, Labour and Social Welfare Minister July Moyo and Higher and Tertiary Education Minister Fredrick Shava, who is linked to the Willowgate motor scandal, to re...Published: 30 Oct 2024 at 07:56hrs | 713 | by Staff reporter
Zimbabwe ministers convicted for borrowing delinquency
Public Service Minister July Moyo and Higher and Tertiary Education Minister Fredrick Shava have been ordered by the High Court to repay a staggering ZWG206,370,840, which was borrowed from critical s...Published: 29 Oct 2024 at 16:37hrs | 5828 | by Staff reporter
Mnangagwa's govt in soup over unsanctioned US$500m 'loan'
A local citizen, Marvelous Khumalo, has taken the Zimbabwean government to court, demanding the repayment of over half a billion United States dollars allegedly misappropriated through unauthorized bo...Published: 29 Oct 2024 at 07:44hrs | 1117 | by Staff reporter
Congregant arrested for stealing church funds
In an unexpected turn of events within Bethel Church in Cowdray Park, Bulawayo, a church member has been arrested and sentenced after being found guilty of stealing from church funds. Bridget Chiedza,...Published: 26 Oct 2024 at 12:53hrs | 362 | by Staff reporter
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 607 | by Ambassador Pamela M. Tremont
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