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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 | 469 | by Staff reporter
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 1931 | by Tendai Ruben Mbofana
FBC Bank introduces 24/7 deposit-taking ATMs in Zimbabwe
FBC Bank has unveiled a 'groundbreaking' service in Zimbabwe with the launch of Deposit-Taking ATMs, enabling customers to deposit cash into their individual accounts or FBC Mastercard Prepaid cards a...Published: 17 Dec 2024 at 15:23hrs | 1001 | by Staff reporter
Zimbabwe man jailed 10 years in US$2.7 million ZB Bank heist set free
Tendai Zuze, who was convicted and sentenced to 10 years in prison for his alleged involvement in the 2021 US$2.7 million ZB Bank highway cash heist, has been acquitted by the High Court on appeal aft...Published: 17 Dec 2024 at 08:21hrs | 1155 | by Staff reporter
White DA minister's tactics only benefiting his DA constituency
The Minister of Public Works and Infrastructure Dean Macpherson has been accused of instituting oppressive style tactics at the Independent Development Trust (IDT) to only benefit his DA constituency....Published: 14 Dec 2024 at 16:05hrs | 284 | by Staff reporter
The tale of two criminal politicians
CORRUPTION is a type of dishonesty or a criminal offence that is often perpetrated by a person or an organisation that is entrusted in a position of authority to acquire illicit benefits or abuse powe...Published: 09 Dec 2024 at 08:14hrs | 931 | by Tapiwa Gomo
ARVs shortage hits Tsholotsho
Tsholotsho district in Matabeleland North is grappling with a severe shortage of anti-retroviral (ARV) medication, despite having the highest number of people living with HIV in Zimbabwe, according to...Published: 09 Dec 2024 at 06:55hrs | 135 | by Staff reporter
Mnangagwa praise singer undergoes surgery in India
Renowned Zimbabwean singer Admire Sanyanga Sibanda, popularly known as Chief Hwenje, is on the path to recovery after undergoing a successful life-saving surgery in India. The 37-year-old artist was d...Published: 08 Dec 2024 at 09:48hrs | 271 | by Staff reporter
Zimbabwe's Banking Sector and No Arrests Years Down the Line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 20:15hrs | 296 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe inflation eases
Zimbabwe's inflation rate eased significantly in November, marking a slowdown to 11.7% from 37.2% in October, according to the Reserve Bank of Zimbabwe (RBZ). The decline was attributed to the central...Published: 05 Dec 2024 at 11:08hrs | 489 | by Staff reporter
Zimbabwe's errant bankers must be punished
Vocal Harare political activist and business advocate, Engineer Jacob Mutisi, has called for stringent accountability for bankers and financial institutions involved in the mismanagement and fraudulen...Published: 05 Dec 2024 at 09:19hrs | 1400 | by Staff reporter
Zimbabwe's banking sector and no arrests years down the line
United Merchant Bank (UMB) - Closed in 1998 due to insider loans and mismanagement.Universal Merchant Bank (UMB) - Closed in 2003 struggled with negative perceptions after UMB's collapse....Published: 05 Dec 2024 at 09:07hrs | 606 | by Eng. Jacob Kudzayi Mutisi
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's central bank claims success in stabilising rate and inflation
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulati...Published: 04 Dec 2024 at 14:23hrs | 291 | 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 | 332 | by Marilyn Mutize
'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
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1221 | by Staff reporter
Zimbabwe's electricity crisis: Declare a State of National Disaster and retire Sydney Gata to save the nation
As I write this article, the town of Redcliff, like much of Zimbabwe, remains shrouded in darkness following a 24-hour nationwide blackout that began yesterday. This is not the first time we'v...Published: 25 Nov 2024 at 11:55hrs | 1179 | by Tendai Ruben Mbofana
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 | 2031 | by Staff reporter
ZiG spawns upheavals in insurance industry
Insurers have been scrambling to reassure policyholders as market jitters resurface in the wake of the introduction of Zimbabwe Gold (ZiG) in April. With memories of the devastating currency shifts in...Published: 24 Nov 2024 at 10:13hrs | 253 | by Staff reporter
Breaking the Silence: Prostate cancer awareness and the fight every man must face
When conversations about cancer arise, common narratives often centre on breast, lung, or colon cancer. While these deserve their spotlight, prostate cancer lingers in the shadows, affecting millions ...Published: 19 Nov 2024 at 12:37hrs | 215 | by Anashe Mupamombe
Govt stops Harare demolitions
The Harare City Council was forced to suspend its controversial house demolition exercise yesterday following mounting pressure from the government. The move came after a public outcry and strong crit...Published: 18 Nov 2024 at 15:06hrs | 372 | by Staff reporter
Domestic Tourism festive season campaign launched
Minister of Tourism and Hospitality Industry, Barbara Rwodzi has this Saturday in Mazoe launched Domestic Tourism festive season travel campaign targeting...Published: 17 Nov 2024 at 07:59hrs | 740 | by Gideon Madzikatidze
Zimbabwe successfully performs open-heart surgeries on 10 children
In a milestone for Zimbabwe's healthcare sector, 10 children with congenital heart conditions underwent successful open-heart surgeries during a week-long medical camp at Parirenyatwa Hospital in Hara...Published: 16 Nov 2024 at 18:21hrs | 369 | by Staff reporter
Chief Chiweshe grabs equipment from Mnangagwa, villagers
In a clear sign of routine disregard for traditional leadership ethical conduct, presidential schemes subbotage and loss of public trust at local governance level, Chief Chiweshe (born Mathew Chitemam...Published: 10 Nov 2024 at 15:00hrs | 3524 | by Gideon Madzikatidze | Simbarashe Sithole recently in Muzarabani
Top Bank executive slams RBZ tight policy measures
A prominent banking executive has criticized the Reserve Bank of Zimbabwe (RBZ) for focusing too heavily on exchange rate stability at the cost of economic growth, warning that the central bank's rece...Published: 10 Nov 2024 at 11:05hrs | 1827 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 170 | by Staff reporter
Zimbabwean man killed SA lover over lobola money, caged for life
A security guard who killed his partner after finding out that she spent the money he had been saving to pay lobola for her has been handed a life sentence.Louis Serenetra Moyo, 49, an undocum...Published: 05 Nov 2024 at 14:48hrs | 1852 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 118 | by Staff reporter
ZiG remains fully legal and operational, says RBZ
The Reserve Bank of Zimbabwe (RBZ) has reassured the public that the Zimbabwe Gold (ZiG) currency remains fully legal and operational, dismissing concerns about potential regulatory gaps. This clarifi...Published: 28 Oct 2024 at 17:12hrs | 1029 | 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 | 242 | by Staff reporter
Zesa secures 600MW utility batteries
In a significant move to address persistent power outages affecting the region, the Zimbabwe Electricity Supply Authority (ZESA) is actively procuring large utility batteries that will bolster the nat...Published: 26 Oct 2024 at 12:40hrs | 239 | 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 | 259 | by Staff reporter
South Africa is getting more roadblocks
Some provinces and the national Department of Transport have launched or plan to launch stricter policing campaigns targeting cars with specific defects to improve the safety of South Africa's roads....Published: 19 Oct 2024 at 16:17hrs | 1679 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1751 | 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
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
Zanu-PF-induced pain not ending anytime soon
THE Zanu-PF government is very playful. The State of Nation Address (SONA) be President Emmerson Mnangagwa is a signal that the perpetual evil and pain induced on the people is not going to end any ti...Published: 09 Oct 2024 at 07:43hrs | 169 | by Brian Sedze
IOM Council chair visits Zimbabwe and South Africa
The Chair of the International Organization for Migration (IOM) Council and Permanent Representative of Germany to the United Nations in Geneva, Switzerland, Katharina Stasch, has visited Zimbabwe and...Published: 08 Oct 2024 at 09:42hrs | 961 | by Stephen Jakes
Bad Zimbabwe road users to repair damages
Transport and Infrastructural Development Minister, Felix Mhona, has warned road users, particularly mining and brick-moulding companies, that those responsible for damaging newly-rehabilitated roads ...Published: 08 Oct 2024 at 07:24hrs | 2386 | by Staff reporter
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1412 | by Tendai Ruben Mbofana
Zimbabwe migrants creating jobs, saving lives in SA
For Butholezwe Nyathi, saving lives is more than just a career; it's a mission that transcends borders. At 45 years old, the Matabeleland South native's journey took a dramatic turn in 2003 when he le...Published: 07 Oct 2024 at 08:03hrs | 495 | by Staff reporter
Zimbabwe air ambulance service saves 67 lives since launch
Since its launch in August 2024, the Government's new air ambulance service, operated by Russian company HeliDrive, has saved the lives of 67 patients, including 21 children aged 17 and under. The ser...Published: 07 Oct 2024 at 07:54hrs | 203 | by Staff reporter
Zimbabwe teachers demand US$1,200 salary
As the global community observes World Teachers Day, teachers in Zimbabwe are intensifying their calls for a salary increment that would raise their monthly earnings to at least US$1,200. Currently, e...Published: 04 Oct 2024 at 08:51hrs | 6858 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3366 | by Tendai Ruben Mbofana
RBZ raises bank policy rate to 35%
The Reserve Bank of Zimbabwe (RBZ) has announced significant measures to tackle resurgent exchange rate volatility and mitigate inflationary pressures. Effective immediately, the bank policy rate has ...Published: 27 Sep 2024 at 15:29hrs | 1316 | by Staff reporter
Cosatu slams Ramaphosa's 'sellout' GNU government
Long serving ANC alliance partner the Congress of South African Trade Unions (Cosatu) in KwaZulu-Natal has broken ranks, saying the once-ruling party was teetering on the brink of total collapse due t...Published: 27 Sep 2024 at 08:52hrs | 297 | by Staff reporter
Zambia's Hakainde Hichilema threatening to delay 2026 elections
On 13 September, Zambia's President Hakainde Hichilema addressed parliament in fulfilment of the Constitution that requires the president to address the National Assembly every year and provide a repo...Published: 26 Sep 2024 at 14:55hrs | 657 | by Sishuwa Sishuwa
Zim twins off to Italy for World Twins Congress
In a groundbreaking moment for Zimbabwe's twin community, the Twins Association of Zimbabwe (TAZI), delegation has left the country to attend a two-day prestigious World Twins Congress in Italy....Published: 26 Sep 2024 at 11:11hrs | 3086 | by Staff Reporter
Overview of Popular Crypto Trading Platforms
Crypto Trading Platforms Over the past ten years, cryptocurrency trading has become somewhat popular since many platforms have developed to serve trader...Published: 25 Sep 2024 at 17:05hrs | 224 | by Staff Reporter
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