Search / Siphatheleni
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 3 | by Staff reporter
DOP President threatens to ban 'omalayitsha', 'osiphatheleni'
LEADER of the opposition, Democratic Official Party (DOP), and presidential candidate in the forthcoming harmonized elections, Engineer Peter Wilson, has pledged to ban cross-border transporters popul...Published: 02 Aug 2023 at 18:10hrs | | by Staff reporter
Mthuli Ncube tours Bulawayo shops, chides business for hiking prices
Continued unjustified fluctuation of prices of goods in supermarkets will force people to import basic commodities from outside the country, Finance Minister Professor Mthuli Ncube has stated....Published: 28 May 2023 at 16:52hrs | 1 | by Staff reporter
Mthuli Ncube confronts Osiphatheleni
THERE was drama around Tredgold Building, which houses the Bulawayo Magistrate Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pr...Published: 28 May 2023 at 08:03hrs | 2 | by Staff reporter
Mthuli Ncube threatens crackdown on businesses
THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pro...Published: 28 May 2023 at 07:59hrs | 1 | by Staff reporter
Bulawayo police descend on money changers
POLICE in Bulawayo have warned members of the public to desist from illegally dealing in foreign currency as they will face the full wrath of the law.Bulawayo police spokesperson Inspector Abe...Published: 24 May 2023 at 06:00hrs | 7 | by Staff reporter
Zimbabwe police raid illegal forex dealers, retrieve 11 POS machines
POLICE in Bulawayo have raided illegal foreign currency dealers and arrested six suspects linked to the abuse of Point of Sale (POS) machines to carry out illicit transactions.Bulawayo provinc...Published: 23 May 2023 at 21:16hrs | 6 | by Staff reporter
Money changers hijack POS machines for big transactions
DECKED out in trendy designer wear, clutching energy drink cans and munching take-aways while engaging in high-pitched conversations, illegal money changers, popularly known as osiphatheleni who have ...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Fraudster cop dupes victim number 9
A ROGUE police officer who was recently remanded out of custody for allegedly conning people while in uniform has allegedly struck again as he swindled a local business man of $419 760. Sergea...Published: 14 Jan 2023 at 07:52hrs | | by Staff reporter
Bulawayo pavements on Wednesday morning were generally empty
THE usually congested and chaos-filled Bulawayo pavements between 3rd and 6th Avenues were on Wednesday morning generally empty ahead of the blitz by the local authority to keep the City centre clean ...Published: 11 Jan 2023 at 16:50hrs | 6 | by Staff reporter
Money changer survives 5000kv shock
A suspected illegal foreign currency dealer commonly referred to as osiphatheleni in Bulawayo is lucky to be alive after he was shocked by a 5 000 kilovolt electric shocker (taser) by a robber who wan...Published: 07 Aug 2022 at 08:20hrs | | by Staff reporter
BCC, Zanu-PF vending bays fight continues
A MEETING held between the Bulawayo City Council (BCC) and Zanu-PF Bulawayo province on Thursday over the control of Fife Avenue vending bays, where the ruling party youths were allocating themselves ...Published: 13 Nov 2021 at 05:58hrs | 3 | by Staff reporter
BCC ensures Bulawayo residents engaged as parking marshals
BULAWAYO City Council has said measures will be put in place to ensure only city residents are employed by the company that will manage its US$2,2 million vehicle parking system. The council i...Published: 20 Sep 2021 at 07:11hrs | | by Staff reporter
Police increase lockdown patrols
POLICE have increased patrols in the Midlands where a lot of people are violating Government lockdown measures, to curb the spread of Covid-19. Police are ensuring that all gatherings except funerals ...Published: 13 Jul 2021 at 09:08hrs | | by Staff reporter
Police increase lockdown patrols in Midlands
POLICE have increased patrols in the Midlands where a lot of people are violating Government lockdown measures, to curb the spread of Covid-19. Police are ensuring that all gatherings except f...Published: 13 Jul 2021 at 08:58hrs | | by Staff Reporter
Bulawayo cops deny torching kombis, blame 'vendors, touts and money changers'
Metro traffic cops in Bulawayo were accused of shifting blame after allegedly burning down two kombis in the city center on Wednesday and then telling their boss in an internal memo that the commuter ...Published: 10 Jun 2021 at 07:39hrs | | by Staff reporter
5 cops injured in rowdy touts - Osiphatheleni attack
SUSPECTED touts and illegal money changers popularly known as Osiphatheleni on Wednesday attacked two police vehicles along Fort Street between 6th and 5th Avenue in the Bulawayo City Centre.F...Published: 09 Jun 2021 at 18:21hrs | | by Staff reporter
Siphatheleni bites cops
A Tshabalala money changer, commonly known as 'Siphathelelni', who allegedly went berserk and bit police officers as she resisted arrest in the city centre, was yesterday granted $2000 bail pending tr...Published: 02 Mar 2021 at 20:01hrs | | by Staff reporter
Man stumbles on used condoms in wife's car
IT'S the kind of thing that people think only happens in movies that deal with the subject of infidelity.But unfortunately for a Bulawayo man, Hardlife Ndlovu, the cautionary tale about infide...Published: 04 Sep 2020 at 08:12hrs | 2 | by Staff reporter
From the 404 to the Honda Fit
"KIDNAP, robbery and near rape", the newspaper headline screamed on 22 August. "Honda Fit Crew robs osiphatheleni," our sister paper The Chronicle's headline read on 27 August. In the ...Published: 01 Sep 2019 at 14:48hrs | 2 | by Bruce Ndlovu
Man jailed for torturing, robbing usiphatheleni
A MAN who was part of a seven-men gang that raided an illegal money changer at his Pumula home before torturing him into revealing where he had hidden cash has been sentenced to an effective 10 years ...Published: 17 Aug 2019 at 08:18hrs | | by Staff reporter
Osiphatheleni halt business
Meanwhile, several illegal forex dealers, Osiphatheleni, had temporarily stopped their operations citing uncertainty over rates. In some instances rates were said to have tumbled to as low as ...Published: 26 Jun 2019 at 07:06hrs | 1 | by Staff reporter
Cop runs for dear life as mob bays for his blood
A POLICE officer on Wednesday fled for dear life as an angry mob bayed for his blood after an illegal money changer he was chasing was knocked down by a car near Tredgold Building in Bulawayo. ...Published: 14 Jun 2019 at 07:55hrs | | by Staff reporter
Parallel market exchange rates tumble
PARALLEL market exchange rates have tumbled from a peak of US$1:RTGS$9 recently and remain frozen at US$1:RTGS$6 since last week amid indications the rate could drop further after Government secured a...Published: 05 Jun 2019 at 07:52hrs | | by Staff reporter
Osiphatheleni run out of money
Most Illegal foreign currency dealers popularly known as Osiphatheleni ran out of money to service their customers today, Monday.The reason, they alleged, was that the government mopped up for...Published: 20 May 2019 at 22:22hrs | 1 | by Methuli Ncube
Armed robbery suspects arrested
POLICE in Bulawayo have arrested two men suspected to be part of a gang that shot, robbed and assaulted residents in Tshabalala and Nkulumane suburbs last weekend. The gang is said to be on th...Published: 02 May 2019 at 06:35hrs | | by Staff reporter
Armed robbers choke baby
FIVE robbers armed with a pistol and iron bars allegedly pretended to be police officers, handcuffed a woman who was breastfeeding and put her in leg irons before choking her baby while demanding cash...Published: 16 Apr 2019 at 06:45hrs | | by Staff reporter
Money changers feeling the pinch
Black market foreign currency traders have been hit hard by the new measures that were announced by the Reserve Bank of Zimbabwe (RBZ) last week, which have seen parallel rates beginning to stabilise....Published: 26 Feb 2019 at 13:21hrs | | by Staff reporter
Forex traders on the increase
Illegal money changers pose while exchanging a new Zimbabwe bond note (L) and U.S. dollar notes in the capital Harare, Zimbabwe, November 28, 2016. REUTERS/Philimon BulawayoAN increasing numbe...Published: 01 Feb 2019 at 14:10hrs | 1 | by Staff reporter
Lest we forget
Dear Zimbabweans, As we commemorate the first anniversary of RGM's ouster after 37 years of looting, plundering, autocracy and total dictatorship it seems all of a sudden Zimbabweans have beco...Published: 30 Nov 2018 at 09:15hrs | | by Munya Shumba
Bulawayo residents welcome move on illegal forex dealers
Ordinary citizens in Bulawayo have commended President Emmerson Mnangagwa for invoking the Presidential Powers Temporary Measures Amendment of Money Laundering and Proceeds of Crime Act and the Exchan...Published: 13 Nov 2018 at 19:04hrs | | by Staff reporter
Black market rates nosedive 1:1,5
PARALLEL market rates further plummeted to as low as US$1:RTGS/Bond1,5 this week from a peak of 1:6 in the last two weeks as Government forges ahead with implementing measures to stabilise the economy...Published: 26 Oct 2018 at 06:29hrs | | by Staff reporter
Bulawayo mayor unhappy with road closure
Bulawayo mayor Solomon Mguni has raised concern over the way the law enforcers conducted themselves in closing a road in the CBD which was a perceived hub of illegal money changers, popularly known he...Published: 24 Oct 2018 at 14:13hrs | | by Staff reporter
'Punish illegal forex dealers' argue Zanu-PF - itself illegitimate. Focus on the hyena, not the tick.
ZANU-PF's Secretary and deputy minister for Defence and War Veterans, Victor Matemadanda, said money from forex dealers should be forfeited to the State and Government should come up with a law that e...Published: 20 Oct 2018 at 18:02hrs | | by Patrick Guramatunhu
'Forfeit illegal forex dealers' money,' says Matemadanda
ZANU-PF's Secretary for war veterans, Victor Matemadanda, said money from forex dealers should be forfeited to the State and Government should come up with a law that empowers it to do so. Mat...Published: 20 Oct 2018 at 07:16hrs | | by Staff Reporter
Betting house drops Ecocash, bond notes
WHILE it is an open secret that football betting has become a source of income for a number of unemployed people in Zimbabwe, some energy sapping developments emerged during the course of the week....Published: 19 Oct 2018 at 06:23hrs | 11 | by Staff reporter
Where are we?
We have a problem and a problem that we saw coming. It's not even a question of what went wrong. You see the political party that is called zanu pf is the problem here. Why we can't get this problem o...Published: 18 Oct 2018 at 17:26hrs | | by Clement Moyo
Open Letter - My 2c advice to H.E E.D and Hon. M. Ncube
Dear comrades Well i trust you will find time to read and consider my sincere advice to you.I'm not an economist or a financial guru but i think my 2c advise will wipe out the prevaili...Published: 14 Oct 2018 at 20:06hrs | 1 | by Isaac Nkomah
Zimbabwe black market rates tumble
PARALLEL market rates plummeted in Bulawayo yesterday after Government guaranteed the 1:1 convertibility value of Real Time Gross Settlement (RTGS) balances into the United States dollar as well as av...Published: 12 Oct 2018 at 06:53hrs | 1 | by Staff reporter
Police arrest 46 forex dealers
POLICE in Bulawayo yesterday arrested 46 illegal money changers in the Central Business District in an operation aimed at ridding the city of illegal foreign currency dealers. Law enforcement ...Published: 10 Oct 2018 at 06:26hrs | | by Staff reporter
Bulawayo police raid osiphatheleni
POLICE in Bulawayo yesterday raided and arrested illegal money changers in the central business district in an operation aimed at ridding the city of illicit foreign currency dealers. The oper...Published: 09 Oct 2018 at 06:56hrs | 1 | by Staff reporter
Justice Malaba demands removal of Osiphatheleni at Tredgold Building
THE country's top judge, Chief Justice Luke Malaba has demanded the removal of Osiphatheleni and other people involved in illegal activities around Tredgold Building which houses the Bulawayo Magistra...Published: 06 Oct 2018 at 09:02hrs | | by Staff reporter
Money changers die in horror crash
TWO brothers from Bulawayo's Nketa 6 suburb who were popular illegal money changers (osiphatheleni) and taxi operators died yesterday after being involved in a head-on road accident near Gweru. ...Published: 28 Sep 2018 at 06:55hrs | 1 | by Staff reporter
Banks increase withdrawals to $100
DEPOSITORS smiled all the way to banks on Monday and yesterday as banks in Bulawayo offered more cash withdrawals of up to $100, both bond notes and United States dollars.Yesterday, scores of ...Published: 25 Jul 2018 at 07:16hrs | | by Staff reporter
Woman beats up four robbers
AN usiphatheleni (illegal forex dealer) from Bulawayo beat up four iron-bar-wielding robbers who had invaded her home in the middle of the night, forcing one of her attackers to drop his cell phone as...Published: 26 Jun 2018 at 07:03hrs | | by Staff reporter
Usiphatheleni spared jail for false robbery report
A BULAWAYO illegal money changer who owed her colleagues more than $30 000 and falsely reported to the police that she had been robbed at gun point to cover up for her failure to meet the debt repayme...Published: 06 Apr 2018 at 07:27hrs | | by Staff reporter
'Osiphatheleni' besiege police station, protest robbers' release
SCORES of illegal foreign currency dealers, popularly known as osiphatheleni, yesterday stormed Bulawayo Central Police Station protesting the alleged release of criminals who rob them of their hard-e...Published: 25 Jan 2018 at 05:37hrs | | by Staff reporter
Cops arrest robbers targeting money changers
POLICE in Bulawayo have, after firing warning shots, arrested three suspected armed robbers who allegedly committed a series of robberies targeting money changers in and around the city.Underc...Published: 25 Jan 2018 at 05:30hrs | | by Staff reporter
Masuku raps Chinamasa over devolution
Nketa Emganwini Member of Parliament, Phelela Masuku has slammed Finance minister Patrick Chinamasa for developing cold feet in the implementation of devolution of power.He said Chinamasa, who...Published: 18 Jan 2018 at 07:44hrs | | by Staff reporter
'Looters returning externalized millions'
Individuals and companies that illegally externalized significant amounts of money from the country are returning the money, Reserve Bank of Zimbabwe governor John Mangudya has said. This come...Published: 12 Jan 2018 at 06:32hrs | | by Staff reporter
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