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Zimbabwe authorities step up crackdown on smuggled goods
The Zimbabwean government has ramped up efforts to combat smuggling and the influx of counterfeit goods as part of a broader strategy to protect domestic industries and enhance their competitiveness....Published: 15 Dec 2024 at 09:11hrs | 413 | by Staff reporter
MPs back Mthuli Ncube's sports betting tax proposal
Parliamentarians have approved Finance Minister Mthuli Ncube's proposal to introduce a 10% tax on gross winnings from sports betting, marking a significant step in the growing Zimbabwean sports bettin...Published: 14 Dec 2024 at 10:46hrs | 173 | by Staff reporter
BCC waives Bosso's $890 Stadium hire fee shortfall
The Bulawayo City Council (BCC) has agreed to waive a US$890.11 shortfall in stadium hire fees owed by Highlanders FC. This decision follows the club's request for leniency after an unprecedented supp...Published: 06 Dec 2024 at 06:30hrs | 109 | by Staff reporter
RBZ keeps rates steady
Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has announced that the bank policy rate will remain at 35%, and statutory reserve requirements will stay unchanged, as the central bank seeks ...Published: 05 Dec 2024 at 06:55hrs | 444 | by Staff reporter
Zimbabwe to expand cancer treatment facilities with new machines
The Zimbabwean government has unveiled plans to bolster its cancer treatment infrastructure by acquiring new equipment and expanding services to additional cities, according to Minister of Health and ...Published: 04 Dec 2024 at 19:11hrs | 683 | by Staff reporter
Zimbabwean CIO's role in Simon Mann's arrest
Happyton Bonyongwe, Zimbabwe's former Director-General of the Central Intelligence Organisation (CIO), has disclosed details about Zimbabwe's involvement in thwarting a 2004 mercenary-led coup attempt...Published: 04 Dec 2024 at 16:21hrs | 2101 | by Staff reporter
'Banks refuse to make salary payments on behalf of Zimbabwe govt'
A dramatic financial crisis has hit Zimbabwe's civil service as banks have reportedly withheld payments for thousands of public sector workers' salaries, citing the government's inability to meet its ...Published: 03 Dec 2024 at 09:58hrs | 12939 | by Staff reporter
ZANU-PF corruption and mismanagement have turned Air Zimbabwe into an international embarrassment
This once-proud national airline, which began its journey in 1980 with a modern fleet inherited from Air Rhodesia, is now a global laughingstock, a shadow of its former self. At independence, ...Published: 02 Dec 2024 at 23:21hrs | 1299 | by Tendai Ruben Mbofana
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 | 96 | by Staff reporter
Zimbabwe's 'pizza budget' proves economy on the verge of collapse
Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. ...Published: 30 Nov 2024 at 19:01hrs | 549 | by Tendai Ruben Mbofana
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 731 | by Tendai Biti
Mthuli Ncube sees 2025 growth rebound after this year's drought
Zimbabwe has projected economic growth to accelerate to 6 percent in 2025 from 2 percent this year, helped by improved agricultural output and power generation as the country recovers from a severe dr...Published: 28 Nov 2024 at 16:32hrs | 190 | by Staff reporter
PPC Zimbabwe lays off managers
Cement manufacturer PPC Zimbabwe is facing growing discontent among its middle-level management in the southern region following reports that over 20 local managers are set to be laid off as part of a...Published: 27 Nov 2024 at 07:08hrs | 1540 | by Staff reporter
Revenue woes cripple Harare
The Harare City Council has collected only 40 percent of its targeted revenue for the first nine months of 2024, severely hampering its ability to deliver essential services. The council raised ZiG2.0...Published: 24 Nov 2024 at 09:57hrs | 163 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3179 | by Staff reporter
The truth about symbiotic survival of Mnangagwa and Chiwenga!
Citizens, forget about these fake social media channels news, one called Chatufa voices and his admirers. We are subjected in a web of fake news and meanings that spin themselves constantly, finding i...Published: 22 Nov 2024 at 15:54hrs | 849 | by Nomazulu Thata
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7666 | 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 | 1802 | by Staff reporter
Botswana to legalise undocumented Zimbabweans
Botswana’s new president has told the BBC that he wants undocumented Zimbabweans to be legalised by granting them temporary work and residence permits."They do jobs that would otherwise not ...Published: 08 Nov 2024 at 05:49hrs | 10692 | by Staff reporter
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 286 | by Staff reporter
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3809 | 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 | 148 | 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 | 3309 | by AFP
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 | 761 | 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 | 273 | by Tendai Ruben Mbofana
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 | 1560 | by Nomazulu Thata
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 | 1433 | 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$7 million investment from Kuvimba Mining House. The company's revi...Published: 18 Oct 2024 at 08:37hrs | 184 | by Staff reporter
Zimbabwe has US billion dollars overseas, can wipe out debt within 24 hrs
The recent Bulawayo24 article tells us that Zimbabwe is cash-strapped: it has a staggering debt of US$ 31billion; both domestic and international. This statement is partly true. In paper, Zimbabwe is ...Published: 13 Oct 2024 at 19:56hrs | 25198 | by Nomazulu Thata
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 | 320 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 166 | by Staff reporter
Mukwasha Chiwenga in Math-South improvements. Is development holistic?
Whatever development VP Chiwenga is bringing in Matabeleland South, that should never be interpreted as "Mukwasha inzunza". School children especially benefit from good and safe schools, health care f...Published: 04 Oct 2024 at 12:27hrs | 2062 | by Nomazulu Thata
The curse of diamonds: How Zimbabwe's wealth is failing its people
I was listening this morning as the Minister of Mines, Winston Chitando, boasted over Zimbabwe's increasing diamond production. Indeed, Zimbabwe's diamond industry has long been touted as a be...Published: 01 Oct 2024 at 15:09hrs | 948 | by Tendai Ruben Mbofana
Zimbabwe aims to become a key blueberry supplier
Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the bl...Published: 27 Sep 2024 at 08:27hrs | 193 | 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
Bulawayo pleads for US$15m stuck at Treasury
Civic society organizations (CSOs) in Bulawayo have called on the Parliament of Zimbabwe to compel the Treasury to swiftly release the remaining funds from a US$15 million allocation requested by the ...Published: 26 Sep 2024 at 10:20hrs | 124 | by Staff reporter
Zimbabwe aims to maximize gold revenue amid global demand surge
The Ministry of Mines has officially launched the 2024 Second Gold Mobilisation exercise, a strategic initiative designed to ensure compliance and optimize revenue from Zimbabwe's gold mining sector. ...Published: 17 Sep 2024 at 06:49hrs | 160 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2771 | by Nkosi Moyo
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 100 | by Staff reporter
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 | 2756 | 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 | 131 | 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 | 2342 | 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 | 3925 | 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 | 317 | 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 | 649 | 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 | 172 | 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 | 10 | 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 | 14 | 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
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