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Businessman cleared of stock theft
Zvishavane businessman Justice Zijena and his associates have been cleared of stock theft allegations after presenting the necessary paperwork proving the legitimate purchase of five cattle. The situa...Published: 18 Oct 2024 at 10:41hrs | 564 | by Staff reporter
Doji Candle: Understanding Its Role in Trading
The Doji candle stands out as one of the most intriguing candlestick patterns used by traders, offering a window into the market's state of uncertainty. It frequently appears during moments when buyer...Published: 09 Oct 2024 at 13:17hrs | 341 | 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 | 2057 | by Nomazulu Thata
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Mavetera says delay in licensing Starlink distributors caused by due diligence
Zimbabwe's Minister of Information Communication Technology, Tatenda Mavetera, announced that delays in licensing internet service providers for the distribution of Starlink products were due to neces...Published: 26 Sep 2024 at 11:14hrs | 968 | by Staff reporter
No special treatment for Starlink in Zimbabwe
The Zimbabwean government has clarified that Elon Musk's Starlink will not receive any special tax exemptions and will be subject to the same regulations and taxes as local internet service providers ...Published: 25 Sep 2024 at 10:02hrs | 709 | by Staff reporter
TelOne jumps on Starlink train
TelOne, one of Zimbabwe's largest fixed internet providers, has announced its partnership with Starlink, becoming an authorized reseller of the satellite internet service. This move comes in response ...Published: 18 Sep 2024 at 15:33hrs | 2592 | by Staff reporter
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9570 | by Staff reporter
What Zimbabweans need to know about Starlink, and how to order
GREAT news for internet users across Zimbabwe - Starlink has officially launched nationwide services as of September 7, 2024.After months of anticipation and a slight delay, Zimbabweans can no...Published: 07 Sep 2024 at 16:08hrs | 2974 | by Staff reporter
Starlink goes live in Zimbabwe, unlimited internet price at $50 per month
SpaceX's broadband satellite internet service, Starlink, is now available in Zimbabwe for US$50 a month, plus US$350 for a setup kit, the company said on its website.Several local companies ha...Published: 07 Sep 2024 at 16:02hrs | 2773 | by Staff reporter
Zimbabwean girl commits suicide over money dispute
On August 18, 2024, a 17-year-old girl from Mlotshwa Village under Chief Samambwa tragically died after ingesting rat poison. The incident occurred around 5:00 PM fo...Published: 31 Aug 2024 at 11:15hrs | 760 | by Staff reporter
Why NetEnt stands out as a top-tier game developer
When asked about the best game developers, which software provider would everyone think of? We bet that many will recall NetEnt with its highest-quality slot machines and exceptional features. The com...Published: 13 Aug 2024 at 21:45hrs | 114 | by Jacob Kudzayi Mutisi
Lawyer haunted by 2019 fraud case
Vuyile Jamela Mpofu, a prominent Bulawayo-based lawyer formerly with VJ Mpofu and Associates, is facing ongoing difficulties due to a 2019 fraud case, despite being acquitted. Mpofu, along with Mayor ...Published: 12 Aug 2024 at 14:01hrs | 566 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 80 | by Dr Bekithemba Mpofu
Govt cracks down on land barons…leaves no sacred cow
In a bid to combat fraudulent activities in the land sector, the Government has intensified its efforts to hold land barons accountable for their illicit actions. Recently, three land barons f...Published: 19 Jun 2024 at 12:18hrs | 21 | by Tonderai Ndoro
ZiG fails to break Zimbabwe's cash crunch
Informal traders at Harare's Mbare market, a bustling center of commerce generating millions of US dollars weekly, have revealed their ongoing struggle with a cash shortage, hitting women vendors the ...Published: 18 May 2024 at 12:18hrs | | by Staff reporter
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
Mnangagwa commits to free market economy
President Mnangagwa has pledged his Government's commitment to a complete free market economy, arguing there is no justification to put the burden of price determination on the Government.In r...Published: 11 Apr 2024 at 08:36hrs | | by Staff reporter
RBZ adopts market-based exchange rate
THE Reserve Bank of Zimbabwe (RBZ) has adopted a market-determined system for setting exchange rates, with the auction system being replaced by a refined interbank foreign exchange market which connec...Published: 06 Apr 2024 at 08:06hrs | | by Staff reporter
Zimra's new tax system slammed
LOCAL businesses have expressed concern about the new tax and revenue management system (TaRMs) being used by the Zimbabwe Revenue Authority (Zimra), which they say is too complex and difficult to set...Published: 31 Mar 2024 at 16:31hrs | 1 | by Staff reporter
Revised Starlink Policy for Sustainable Growth - A dedication to Eng. Chemist Siziba
Honorable Minister of Information Communication Technology, Postal and Courier Services, all protocols observed, please receive a request from a group of ...Published: 23 Mar 2024 at 07:04hrs | 49 | by Robert Ndlovu
'Dollar deals' cripple bars, nightclubs
ILLEGAL alcohol sellers that have sprouted across the city are crippling the business of registered nightclubs and bars while Government has set high standards of operation to bring sanity to the dist...Published: 16 Jan 2024 at 04:41hrs | | by Staff reporter
Vendors defy govt directive
HARARE fruit vendors have defied a government directive to vacate the streets as a way of curbing the spread of cholera which has claimed more than 150 lives.Government last week ordered urban...Published: 29 Nov 2023 at 05:10hrs | 6 | by Staff reporter
Zimbabwe central bank to flag suspected terrorists
The Reserve Bank of Zimbabwe's Financial Intelligence Unit will now swiftly freeze the bank accounts of individuals and entities listed by the United Nations for suspected terrorist activities, follow...Published: 06 Oct 2023 at 06:33hrs | | by Staff reporter
Zimbabwe gold-backed tokens enter market
Zimbabwe Gold (ZiG), the digital tokens backed by gold, has gained approval as a legitimate means of payment for domestic transactions, effective immediately. Transactions involving ZiG will be proces...Published: 06 Oct 2023 at 06:32hrs | 1 | by Staff reporter
Telling my Access Finance story
FOLLOWING a recent public announcement by Access Finance Group, a local remittance and financial services company, that its chief executive Singathini Raymond Chigogwana is retiring and would be repla...Published: 05 Oct 2023 at 15:07hrs | 10 | by Senziwani Sikhosana
Zimra to roll out new tax admin system
THE Zimbabwe Revenue Authority (ZIMRA) is set to introduce a new tax system next month in a bid to revolutionise the tax administration terrain in the country through an efficient, effective, and easy...Published: 20 Sep 2023 at 06:24hrs | 3 | by Staff reporter
Zimdollar depreciation scares Mthuli Ncube
FINANCE and Economic Development minister Mthuli Ncube is concerned about the depreciation of the local currency against the greenback as he drafts the national budget for 2024, fearing Zimbabwe's fis...Published: 18 Aug 2023 at 18:10hrs | | by Staff reporter
D-Day for Kasukuwere
EXILED presidential candidate Saviour Kasukuwere will know his fate today when the Supreme Court makes a ruling on his bid to contest for the presidency on August 23.Kasukuwere approached the ...Published: 28 Jul 2023 at 06:47hrs | 1 | by Staff reporter
RBZ sweet-talks millers
The Reserve Bank of Zimbabwe Governor John Mangudya has sweet-talked millers to reduce prices of maize meal, flour and salt ahead of elections.After successfully meeting with a high-level dele...Published: 24 Jul 2023 at 20:32hrs | 4 | by Simbarashe Sithole
Justice Mangota given house hours before Kasukuwere hearing, court hears
A High Court judge was given a house by the state on the same day he was due to hear an application by a Zanu-PF activist seeking to have Saviour Kasukuwere barred from running for president in the Au...Published: 24 Jul 2023 at 11:55hrs | 3 | by Staff reporter
Chiwenga set for Egypt
Vice President Dr Constantino Chiwenga, who is also the Minister of Health and Child Care, is expected to lead the Zimbabwe delegation at this year's Africa Health ExCon, which starts here in Egypt on...Published: 04 Jun 2023 at 08:26hrs | | by Staff reporter
Maize trading liberalised in Zimbabwe
The Zimbabwe Mercantile Exchange (ZMX) will begin trading maize on the commodities market after the Government liberalised the trading in the strategic grain.ZMX contends the development would...Published: 12 May 2023 at 06:01hrs | 1 | by Staff reporter
Mnangagwa breaks 23-year diplomatic stand-off with UK?
PRESIDENT Mnangagwa's engagement and re-engagement drive has broken a 23-year-old diplomatic stand-off between Zimbabwe and the United Kingdom, a development that bodes well for bilateral relations an...Published: 10 May 2023 at 05:59hrs | 1 | by Staff reporter
OyOs announces official release of the OyOs Online Stores and the OyOs Chatbot
OyOs hereby announces the official release of two top of the range IT related products onto the Zimbabwean digital space, OyOs Online Store and the OyOsBOt. OyOs standing for Own Your Online Store is ...Published: 08 Mar 2023 at 22:28hrs | 15 | by Agencies
Hooker languishes in prison over client's crime
A Harare sex-worker who was caught in a dragnet arrest has been freed after languishing in prison for two days over her client's offence.Rutendo Hwata (31) was granted bail followi...Published: 26 Jan 2023 at 07:41hrs | | by Staff reporter
Zimdollar notes are disappearing on the streets
October temperatures start to climb early in Harare, but by noon beverages vendor Davis Kugara is already counting his losses for the day.One after the other, many of his potential customers a...Published: 04 Oct 2022 at 22:15hrs | | by Staff reporter
Econet to upgrade 150 base stations in Bulawayo
Telecommunication and technology giant Econet Wireless Zimbabwe is planning to upgrade and deploy new network infrastructure across the Matabeleland region in the coming few months to enhance customer...Published: 04 Oct 2022 at 06:06hrs | | by Staff reporter
Get Started with Forex Day Trading: Forex Trading Guide for Amateurs
Foreign exchange, sometimes known as "forex," is the exchange of currencies between buyers and sellers in a network at a specified price. It is a method used by people, businesses, and central banks t...Published: 16 Sep 2022 at 06:12hrs | 3 | by Staff reporter
Payment for goods priced in black-market rates suspended?
All payments have been suspended for goods supplied to Government ministries, departments and agencies and possibly priced using black market exchange rates with procuring units now compelled to do du...Published: 12 Aug 2022 at 06:34hrs | | by Staff reporter
Errant contractors face blacklisting
Firms using money they earn from Government contracts to deal in the foreign currency black market will be blacklisted from future contracts, have the proceeds of illegal transactions confiscated, the...Published: 19 Jul 2022 at 06:07hrs | 1 | by Staff reporter
There's no one better placed to educate our children over ED regime abysmal failures than parents!
The opportunity to help our children with their learning, especially in light of the more demanding CALA (continuous assessment learning activity) curriculum - which requires much research and analyti...Published: 16 Jul 2022 at 20:13hrs | 7 | by Tendai Ruben Mbofana
Interbank rate now sole legal rate, huge penalties for breaches
The interbank exchange rate has been set as the sole exchange rate to be used in commercial and other transactions and anyone selling goods and services, who uses any other rate faces a minimum civil ...Published: 29 Jun 2022 at 07:42hrs | | by Staff reporter
Kasukuwere, wife issued with warrant of arrest
FORMER Local Government minister Savior Kasukuwere's younger brother Stanley and his wife Martha Batsirai Bakare were yesterday issued with warrants of arrest after failing to appear in court to...Published: 31 May 2022 at 06:33hrs | | by Staff reporter
Zimbabwe: Class IN itself versus Class FOR itself
US goose versus NED ganderTHERE is always more to write about than there is space to publish. Last week I had to drop two key matters, to allow myself to address in extenso what I sought to ra...Published: 21 May 2022 at 17:53hrs | | by Staff reporter
RBZ auction rate reaches $258
The auction rate, the weighted average of successful bids on the Reserve Bank of Zimbabwe foreign currency auction for productive businesses, fell from $173,2685 to the US dollar last week to $258,540...Published: 18 May 2022 at 06:18hrs | | by Staff reporter
Mnangagwa's 'paranoid' measures roundly condemned
VARIOUS stakeholders and experts roundly condemned economic stabilisation measures introduced by President Emmerson Mnangagwa to "stop economic hitmen" from sabotaging his under-fire administration....Published: 11 May 2022 at 09:16hrs | 4 | by Staff reporter
9 arrested for stealing 66 cattle
POLICE in Beatrice, Mashonaland East province, have arrested nine suspected cattle rustlers over possession of 66 stolen beasts.The cattle were stolen from different farms in, and around the B...Published: 03 May 2022 at 16:18hrs | 1 | by Staff reporter
The latest risks & opportunities in the cryptocurrency market
The cryptocurrency markets never stand still. For some, that is their greatest feature, but for others, it's what stands in the way of mass adoption of alternative currencies. What are the latest risk...Published: 28 Apr 2022 at 16:20hrs | 13 | by Staff Writer
Buying a housing stand
Around the world, most homeowners make use of mortgages and traditional financing to purchase homes and properties.However, for many years, this option has not been widely available to most Zi...Published: 20 Mar 2022 at 06:28hrs | | by Jonathan Thompson
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