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Fake vehicle licence, insurance scam exposed
The government is facing significant revenue losses due to the growing circulation of counterfeit vehicle and insurance licenses sold by unregulated dealers. These fraudulent licenses are duping vehic...Published: 01 Nov 2024 at 06:29hrs | 382 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 241 | by Sgtaff reporter
Russia fines Google US$2.5 decillion
A Russian court has fined Google $2.5 decillion for allegedly blocking pro-Kremlin propaganda on YouTube.The fine, which is the equivalent of $2.5 trillion trillion trillion, is the result of ...Published: 31 Oct 2024 at 08:37hrs | 732 | by Staff reporter
Zimbabwe's gold output surges 33%
Zimbabwe's gold production surged by 33 percent in the third quarter of 2024, with output rising to 10.3 tonnes, compared to 7.7 tonnes in the previous quarter, according to official data from Fidelit...Published: 30 Oct 2024 at 07:53hrs | 142 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4470 | by Staff reporter
Botswana vote shaken up by angry ex-president
Botswana holds a presidential election on Wednesday energised by a campaign by one previous head-of-state to unseat his handpicked successor whose first term has seen rising discontent amid a downturn...Published: 29 Oct 2024 at 09:21hrs | 3268 | by AFP
RBZ rubbishes Chamisa lawyer's claims on ZiG
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that the Zimbabwe Gold (ZiG) currency remains the country's legal tender, dismissing speculation that it had expired following the lapse of Statutory ...Published: 29 Oct 2024 at 07:25hrs | 344 | by Staff reporter
Zimra seizes Hwindi President's car
Popular Zimdancehall artist Bessel Mugo Parewa, known as Hwindi President, has taken to social media to voice his frustration after the Zimbabwe Revenue Authority (ZIMRA) impounded his vehicle as part...Published: 28 Oct 2024 at 16:01hrs | 10104 | by Staff reporter
What did the ZANU-PF conference achieve besides trying to do something unconstitutional?
The recent ZANU-PF National People's Conference in Bulawayo was expected to chart a course for Zimbabwe's pressing challenges. Yet, rather than addressing the nation's economic woes, poverty l...Published: 28 Oct 2024 at 13:12hrs | 997 | by Tendai Ruben Mbofana
New Zealand's groundbreaking move toward regulating online casinos
The New Zealand government has taken a significant step toward regulating its online casino industry, marking a pivotal moment in the country's gambling landscape. As the popularity of online gambling...Published: 28 Oct 2024 at 13:03hrs | 162 | by Staff Reporter
Ramaphosa's goons go after Dali Mpofu over 'unpaid personal tax'?
The taxman is knocking on the door of South Africa's well-known legal eagle, advocate Dali Mpofu, demanding more than R2-million from him in unpaid personal income tax.News that the South Afri...Published: 28 Oct 2024 at 07:57hrs | 8224 | by Staff reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 231 | by Staff reporter
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 259 | by Staff reporter
Report: Starlink's Entry into Zimbabwe Shakes Up Telecom Market
Introduction The recent launch of Starlink, a satellite internet constellation, in Zimbabwe has brought relief to consumers who have long been exploited...Published: 26 Oct 2024 at 21:29hrs | 3635 | by Nkomah Isaac
Zimbabwe scales up fight against fraudulent vehicle imports
The Zimbabwe Revenue Authority (ZIMRA) has enlisted the help of the police in a new operation to track down fraudulently imported vehicles in the capital. The exercise, which runs from October to Dece...Published: 24 Oct 2024 at 16:27hrs | 4166 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 743 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 265 | by Tendai Ruben Mbofana
Mthuli Ncube's Ministry fails to provide Zimbabwe's basic economic data
Officials from Zimbabwe's Ministry of Finance faced sharp criticism on Monday during a Parliamentary Portfolio Committee on Budget and Finance meeting after arriving unprepared for the 2025 budget con...Published: 23 Oct 2024 at 15:58hrs | 254 | by Staff reporter
Zimbabwe suspends duty on bus, lorry tyre imports
The Zimbabwean government has suspended import duty on commercial tyres for buses and lorries in a bid to strengthen the public transport system. The move, announced by Finance, Economic Development a...Published: 23 Oct 2024 at 07:48hrs | 440 | by Staff reporter
Huawei in Zimbabwe solar power deal for mines
Leading renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power project aimed at supplying electricity to min...Published: 23 Oct 2024 at 07:40hrs | 255 | by Staff reporter
Zimbabweans slam US Embassy for downplaying impact of sanctions
Zimbabweans and international supporters have expressed outrage over the US Embassy's recent claims regarding the effects of sanctions on the country, demanding that the "illegal coercive measures" be...Published: 21 Oct 2024 at 14:16hrs | 580 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 691 | by Admire Maparadza Dube
Chafuka on Zimbabwe social media will topple Mnangagwa government!
I should be forgiven if I said this man is an implant of president Mnangagwa masquerading as a revolutionary. Yet he is playing a political game that speaks the opposite to loo as many as he can get t...Published: 20 Oct 2024 at 21:12hrs | 1522 | by Nomazulu Thata
Zimbabwe faces influx of counterfeit goods
The Consumer Protection Commission (CPC) has raised alarm over the rampant influx of counterfeit goods into Zimbabwe, revealing that the smuggling of these products is occurring on an industrial scale...Published: 20 Oct 2024 at 14:13hrs | 234 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1426 | by Staff reporter
ZimAlloys resumes chrome smelting
ZimAlloys, a ferrochrome producer based in Gweru, has restarted its chrome smelting operations after an 11-year break, thanks to a US$7 million investment from Kuvimba Mining House. The company's revi...Published: 18 Oct 2024 at 08:37hrs | 173 | by Staff reporter
Zimbabwe exempts immigrants from ban on importing older vehicles
Immigrants are now exempt from the Government's ban on importing vehicles older than 10 years, allowing qualifying immigrants to bring in cars duty-free, according to new regulations under Statutory I...Published: 18 Oct 2024 at 08:28hrs | 357 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3238 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6181 | by Engineer Jacob Kudzayi Mutisi
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2508 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3125 | by Staff reporter
Zimbabwe imposes another levy on expensive fuel in the region
The Zimbabwe Energy Regulatory Authority (ZERA) has introduced a nominal levy on both petrol and diesel to support its regulatory and compliance enforcement efforts, as well as to promote renewable en...Published: 14 Oct 2024 at 08:09hrs | 368 | by Staff reporter
Zimbabwe has US billion dollars overseas, can wipe out debt within 24 hrs
The recent Bulawayo24 article tells us that Zimbabwe is cash-strapped: it has a staggering debt of US$ 31billion; both domestic and international. This statement is partly true. In paper, Zimbabwe is ...Published: 13 Oct 2024 at 19:56hrs | 25134 | by Nomazulu Thata
Cars impounded by BCC up for auction in 30 days
Motorists in Bulawayo are grappling with exorbitant storage fees imposed by the city council for impounded vehicles, leading some to confront charges that exceed the value of their cars. Reports indic...Published: 13 Oct 2024 at 12:30hrs | 1810 | by Staff reporter
Where does the Wealth of Wicknell Chivhayo come from?
In Zimbabwe, the name Wicknell Chivhayo often makes headlines, but for all the wrong reasons. Known for his extravagant lifestyle and generous philanthropic gestures, Chivhayo has gained a reputation ...Published: 12 Oct 2024 at 13:19hrs | 1552 | by Engineer Jacob Kudzayi Mutisi
Council approaches Supreme Court over US$2 fraud case
The Chikomba Rural District Council (RDC) is making a renewed effort to appeal to the Supreme Court following two unsuccessful attempts to challenge a Labour Court judgment that cleared its former emp...Published: 12 Oct 2024 at 11:20hrs | 241 | by Staff reporter
Zimra goes after smugglers
The Zimbabwe Revenue Authority (Zimra) has ramped up its efforts to combat the ongoing smuggling of goods into the country, amid growing concerns over the prevalence of the illegal practice. Despite a...Published: 12 Oct 2024 at 11:17hrs | 153 | by Staff reporter
Nduna apologise to Mnangagwa after UZ graduation flop, disrepute
Former Chegutu West legislator and wishful lawyer, Dexter Nduna has issued an apology to President Emmerson Mnangagwa for celebrating before his graduation flops, an incident that tainted credibility ...Published: 10 Oct 2024 at 16:10hrs | 1033 | by Gideon Madzikatidze
Gweru airport project stalls
Plans by the Gweru City Council to transform its aerodrome into a fully operational airport have hit a snag, with delays at the Deeds Office cited as the primary obstacle. This revelation emerged duri...Published: 09 Oct 2024 at 07:53hrs | 1902 | by Staff reporter
Disgraced Dexter Nduna forced to withdraw from parking takeover
Former Zanu-PF legislator for Chegutu West, Dexter Nduna, has faced a significant setback in his attempted takeover of vehicle parking management in Harare and other cities, leading him to issue a pub...Published: 09 Oct 2024 at 07:47hrs | 1307 | by Staff reporter
Bosso made more profit through fan boycott?
In a surprising twist, there were 400 more people at the Highlanders Clubhouse than at Barbourfields Stadium during Highlanders' 2-0 win against ZPC Kariba on Sunday. Only 1,314 people paid to watch t...Published: 09 Oct 2024 at 07:41hrs | 820 | by Staff reporter
Conundrum in SA tax law interpretation
The Constitutional Court has decided not to have the final say on the meaning of the crucial string of words - "bona fide inadvertent error" - even though the correct interpretation is of public impor...Published: 09 Oct 2024 at 07:17hrs | 121 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 651 | by Staff reporter
Khupe engages Mthuli Ncube to boost cancer treatment in Zimbabwe
Former Deputy Prime Minister and cancer advocate, Dr. Thokozani Khupe, has revealed that she has successfully engaged the Minister of Finance and Economic Development, Professor Mthuli Ncube, on alloc...Published: 08 Oct 2024 at 18:45hrs | 313 | by Staff reporter
The power crisis farce: Unpacking Mnangagwa's broken promise to Zimbabwe
Zimbabwe's power crisis has been a perennial problem, plaguing the country for decades.In August 2023, President Emmerson Dambudzo Mnangagwa proudly declared that the commissioning of the new ...Published: 08 Oct 2024 at 17:30hrs | 511 | by Tendai Ruben Mbofana
Hichilema alarmed by prospects of defeat and prosecution for corruption
When Zambia experienced democratic backsliding between 2011 and 2021, the deliberate use of legal mechanisms to weaken opposition parties played a central role. Lawfare has been a constant theme of Za...Published: 07 Oct 2024 at 17:08hrs | 2617 | by Sishuwa Sishuwa
Chitungwiza in door-to-door drive to recover ZiG160m
The Chitungwiza Municipality has initiated a door-to-door exercise aimed at recovering approximately ZW$160 million owed by ratepayers. The program commenced on October 3 and will run until October 17...Published: 07 Oct 2024 at 08:04hrs | 2369 | by Staff reporter
Mutapa assets valued at US$16bn
A comprehensive valuation of companies under the Mutapa Investment Fund (MIF), carried out by prominent local and international accounting firms over the past five months, has placed the total value o...Published: 06 Oct 2024 at 10:02hrs | 216 | by Staff reporter
NetOne CEO makes US$1bn move
NetOne, Zimbabwe's oldest mobile telecoms operator, has laid ambitious plans to achieve US$1 billion in annual revenue by 2029, despite facing challenges in accessing capital. Chief executive officer ...Published: 05 Oct 2024 at 16:35hrs | 1244 | by Staff reporter
Phala Phala scandal back to haunt Ramaphosa
The African Transformation Movement (ATM) has expressed strong approval of the Constitutional Court's recent decision to hear the Phala Phala farm matter, a significant step in an ongoing saga that ha...Published: 05 Oct 2024 at 12:24hrs | 533 | by Staff reporter
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