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Zinara tollgate fees exemption clarified
The Zimbabwe National Road Administration (Zinara) has clarified the criteria for tollgate fee exemptions, specifying that only government vehicles and those assigned to traditional chiefs are ex...Published: 05 Sep 2024 at 07:11hrs | 2594 | by Staff reporter
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 104 | by Staff reporter
Sifiso Dabengwa to be buried in South Africa
Zimbabwean-born South African corporate executive Raymond Sifiso Dabengwa, former CEO of MTN Group and Eskom board member, will be laid to rest in Johannesburg on Saturday. Dabengwa, 66, passed away o...Published: 04 Sep 2024 at 15:09hrs | 1971 | by Staff reporter
After ditching the dollar, Zimbabwe now rushing for it at a steeper cost
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground.The problem seems to be based on how ...Published: 26 Aug 2024 at 08:11hrs | 3908 | by Staff reporter
Mastering the Aviator Game: Tips and Winning Strategies
Winning at Aviator: Strategies and TipsThe highly popular Aviator game has proven to be very exciting for online gamers and casino players, owing to...Published: 15 Aug 2024 at 17:52hrs | 187 | by Staff Reporter
African children are wood, and water collectors for the whites: nothing has changed!
I wish I lived in another planet and certainly not planet Earth because this one has painful contradictions. Africa, especially, a continent that was ravaged by slavery for centuries. The white popula...Published: 23 Jul 2024 at 16:48hrs | 637 | by Nomazulu Thata
Zimbabwe govt bolsters oversight of devolution funds
The Zimbabwean government has intensified its oversight of devolution fund usage by metropolitan councils and local authorities to address widespread financial mismanagement. The newly launched Zimbab...Published: 15 Jul 2024 at 16:41hrs | 165 | 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 | 2 | by Staff reporter
The Sentry report on Mutapa Fund is shallow and weak
I had the MISFORTUNE of going through a report prepared and distributed by The Sentry, possibly written by an excitable Nick Donovan. Long story short, the report is shallow and weak. Here is ...Published: 04 Jul 2024 at 16:37hrs | 10 | by MMatigary
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 4 | by Staff reporter
Zimbabwe sets technical modalities for Starlink implementation
Zimbabwe is on track to finalize technical arrangements enabling it to adopt Starlink, a high-speed, cost-effective broadband service, becoming one of the few African nations to do so. President Mnang...Published: 23 Jun 2024 at 10:28hrs | 1 | by Staff reporter
Manhize steel plant commences pig iron production
The Dinson Iron and Steel Company (Disco) plant in Manhize, Midlands Province, marked a significant milestone on Wednesday with the blast furnace commencing pig iron production. This US$1.5 billion pr...Published: 15 Jun 2024 at 10:59hrs | | by Staff reporter
Billions in African Gold smuggled to UAE yearly
Gold smuggling out of Africa, mainly to the United Arab Emirates, has surged over the last decade, with hundreds of tonnes of gold worth tens of billions of dollars illegally leaving the continent eve...Published: 30 May 2024 at 08:55hrs | 1 | by Staff reporter
Zimbabwe set to roll out US$80m smart traffic system
Zimbabwe is set to introduce a cutting-edge smart traffic management system, a multimillion-dollar initiative aimed at tackling various road-related issues such as enforcing traffic laws, curbing road...Published: 30 May 2024 at 08:33hrs | 4 | by Staff reporter
Zimra faces parly probe
ZIMBABWE may have lost potential revenues running into millions of United States dollars due to lax systems at the Zimbabwe Revenue Authority (Zimra), which is now facing parliamentary probe.T...Published: 19 May 2024 at 12:21hrs | 2 | by Staff reporter
Cigarettes worth R100 000 seized in border operation
SOUTH African border security officials on Monday destroyed a wooden raft used by criminals to smuggle goods between Zimbabwe and the neighbouring country. The team also recovered smuggled cig...Published: 10 Apr 2024 at 06:01hrs | | by Staff reporter
Zimbabwe finds a way to turn paper into gold long live Gushungo!!!
Money, the market, free enterprise, free trade, law, and justice, among others - existed in other forms before the colonialists introduced paper currency. The natives had their own functional institut...Published: 09 Apr 2024 at 16:58hrs | 2 | by Sam Wezhira
Diplomatic tiff between Botswana and Germany: the magnificent ELEPHANT
The president of Botswana was not angry per se. He should never be angry if he is aware of the global positioning of states: which country is at the top of the other: who is the big brother and what a...Published: 06 Apr 2024 at 18:10hrs | 10 | by Nomazulu Thata
The rise of General Chiwenga: My reply to this article
My article today is to reply an article written by Samkeliso Ncube on Bulawayo 24: it was written in large; The rise of General Chiwenga, Zimbabwe's vanguard to a prosperous future. This article is no...Published: 25 Mar 2024 at 20:30hrs | 7 | by Nomazulu Thata
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 1 | by Nomazulu Thata
Zimbabwe misses SDG timelines
The government yesterday said it would allocate at least 5% of national revenues to provincial and local authorities to catch up on its promises to deliver on United Nations development goals....Published: 15 Mar 2024 at 07:17hrs | 2 | by Staff reporter
Bulawayo's 120-hour water shedding to continue
BULAWAYO residents will continue receiving water for only two days per week, as water levels continue to dwindle at major supply dams due to drought, with the possibility of further tightening of the ...Published: 13 Mar 2024 at 05:07hrs | 1 | by Staff reporter
Ian Khama blasted over anti-trophy hunting stance
FORMER Botswana President Ian Khama has been criticised for assisting United Kingdom lawmakers in their efforts to enact a ban on imports into Britain of trophy hunting products, a major source of liv...Published: 08 Mar 2024 at 05:04hrs | | by Staff reporter
Manhize steel Plant to start production
THE majority of critical infrastructure at the US$1,5 billion Dinson Iron and Steel Company (Disco) steel plant in Manhize near Mvuma in the Midlands province has been successfully installed with the ...Published: 07 Mar 2024 at 05:04hrs | | by Staff reporter
400 000 cars dodge licence fees
Only 800 000 out of 1,2 million registered vehicles are being compliant in terms of licencing, indicating a compliance rate of approximately 60 percent, reports the Zimbabwe National Road Administrati...Published: 01 Mar 2024 at 19:02hrs | 1 | by Staff reporter
Zimbabwe debt set to balloon
ZIMBABWE is set to finance its 2024 total budget financing gap of ZWL$9,2 trillion through domestic and external borrowing, a development that will further sink the country deep into debt.Acco...Published: 28 Feb 2024 at 06:28hrs | | by Staff reporter
Disco's US$1,5 billion steel plant complete
CONSTRUCTION of the US$1,5 billion steel plant in Manhize near Mvuma is complete, with the project tentatively set for commissioning on June 10 this year.The plant, which is touted to be Afric...Published: 25 Feb 2024 at 07:06hrs | | by Staff reporter
BCC's US$ revenue improves
BULAWAYO City Council (BCC) has revealed that it has collected about 45% of its debts in United States dollars from ratepayers as its credit control policy begins to bear fruit.In an interview...Published: 16 Feb 2024 at 04:58hrs | | by Staff reporter
Zimbabwe licences US$9,7 billion investments
THE Zimbabwe Investment and Development Agency (Zida) said this week it issued 615 licences to investors worth almost US$9,7 billion during the year ended December 31, 2023.Tafadzwa Chinamo, c...Published: 09 Feb 2024 at 10:01hrs | | by Staff reporter
Bolt launches services in Zimbabwe
Estonian e-taxi company Bolt has revealed plans to launch its ride-hailing services in Harare, Zimbabwe on Thursday, February 1, introducing more than 300 drivers prepared to offer their services. For...Published: 02 Feb 2024 at 09:22hrs | 22 | by Staff reporter
NetOne to install data, internet infrastructure
STATE owned mobile phone operator NetOne intends to deploy additional capital this year towards installation of data and internet service infrastructure, as data traffic continues to dominate the firm...Published: 01 Feb 2024 at 04:55hrs | | by Staff reporter
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | | by Staff reporter
Zimbabwe mobile phone usage climbs up
ZIMBABWE'S mobile phone usage has shot up with active subscriptions surging 6% in the third quarter to reach a record 14,79 million, the Postal and Telecommunications Regulatory Authority of Zimbabwe ...Published: 01 Jan 2024 at 08:15hrs | 4 | by Staff reporter
Mthuli Ncube's taxes kick in
Zimbabweans will begin a new year tomorrow faced with a basket of new taxes, levies and fees that will push up the cost of living for many that are already struggling to make ends meet.Finance...Published: 31 Dec 2023 at 13:00hrs | 5 | by Staff reporter
Manhize production expected to start in February 2024
Production at the Dinson Iron and Steel Company plant in Manhize, Mvuma is expected to commence in February next year with the company targeting to produce three iron and steel products by October....Published: 29 Dec 2023 at 06:58hrs | 5 | by Staff reporter
Econet leading in mobile data and voice traffic
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)'s sector performance report for the 3rd quarter of 2023 has revealed that Econet Wireless Zimbabwe extended its market leade...Published: 28 Dec 2023 at 16:36hrs | 10 | by Staff reporter
Zimbabwe mobile penetration rate now over 97%
In its sector performance report made available yesterday, POTRAZ director general, Dr Gift Machengete said active mobile subscriptions during the third quarter covering July, August and September rea...Published: 28 Dec 2023 at 07:25hrs | 2 | by Staff reporter
Zimbabwe mobile operators' revenues up by 95%
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) recorded a 95,3% growth in mobile operator revenue to $850,8 billion in the third quarter owing to inflationary gains....Published: 24 Dec 2023 at 16:10hrs | 5 | by Staff reporter
Zimbabwe currency crisis holding back power deals
ENERGY and Power Development minister Edgar Moyo says investments into Zimbabwe's power sector have been affected by high currency induced risks.However, Moyo told businessdigest that currency...Published: 22 Dec 2023 at 18:23hrs | 4 | by Staff reporter
Zimbabwe govt misses US$12bn mining target
LEADING economists and mining industry experts warned this week the Ministry of Mines and Mining Development was manipulating data to give an impression that its ambitious US$12 billion target will be...Published: 22 Dec 2023 at 18:13hrs | 5 | by Staff reporter
Zimbabwe tops in beer drinkers' survey
ZIMBABWE has been ranked one of the countries with a high alcohol consumption rate per capita, according to the latest survey.According to a survey by Wise Voter, an individual Zimbabwean cons...Published: 20 Dec 2023 at 06:33hrs | 6 | by Staff reporter
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | | by Paidamoyo Muzulu
Mthuli Ncube defends 2024 budget
FINANCE, Economic Development and Investments Promotion minister Mthuli Ncube has cold-shouldered critics of his 2024 national budget saying targeted revenue would assist ordinary Zimbabweans....Published: 12 Dec 2023 at 05:55hrs | 2 | by Staff reporter
Mthuli Ncube defends proposed sugar tax
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has defended the proposed tax on high sugar content beverages, saying the revenue generated will go towards creat...Published: 07 Dec 2023 at 05:25hrs | 5 | by Staff reporter
Retailers want zero VAT restored on basics
THE Confederation of Zimbabwe Retailers has called on Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to reverse proposals to introduce Value Added Tax on a small range of...Published: 06 Dec 2023 at 05:04hrs | 5 | by Staff reporter
Extortionate passport fees spark outrage in Zimbabwe
FINANCE minister Mthuli Ncube has proposed a sharp hike in passport fees despite concerns over the lack of transparency on how the proceeds are spent.Critics say while access to a passport is ...Published: 04 Dec 2023 at 15:06hrs | 3 | by Staff reporter
Zimbabwe lithium mines given March 2024 deadline
Lithium mining companies have been given a deadline of March 31, 2024, to submit beneficiation plans as the Government seeks to tap into substantial mineral revenues that can be generated from the ben...Published: 04 Dec 2023 at 05:28hrs | 5 | by Staff reporter
Mthuli Ncube to prioritise Zimdollar stability
FURTHER stabilising the Zimbabwe dollar and consolidating economic growth will be prioritised in the 2024 budget, Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube...Published: 12 Nov 2023 at 11:43hrs | 5 | by Staff reporter
Mineral revenue slumps 29%
In the first half of this year, Zimbabwe's mineral revenue experienced a 29% decline, amounting to US$2.6 billion, owing to several challenges, including falling commodity prices, foreign currency sho...Published: 03 Nov 2023 at 05:44hrs | 6 | by Staff reporter
Zimbabwe' lithium exports jump 1000% in 5yrs
Zimbabwe has witnessed a remarkable increase in lithium exports, with a surge of over 1,000 percent since 2018, reaching $209 million by September this year, as disclosed by the Minister of Mines and ...Published: 02 Nov 2023 at 05:35hrs | 5 | by Staff reporter
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