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It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
Ex-Dynamos Chair bloodied in armed robbery
Former Dynamos chairman and prominent businessman Rafik Adam was left bloodied after a brazen armed robbery at his offices in central Harare yesterday morning. Four armed men disguised as clients stru...Published: 17 Jun 2025 at 07:34hrs | 972 | by Staff reporter
Mukuru loses $33,000 to armed robbers
A daring gang of five armed robbers struck at Gains Cash & Carry and Mukuru outlets at Murambinda Growth Point on the night of May 24, making off with a total haul of $11,187 in US dollars and R31...Published: 01 Jun 2025 at 14:53hrs | 688 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
Rand crashes past R19 to the dollar under Ramaphosa's watch
The South African rand continued its steep decline on Friday, 4 May, crashing past the R19 mark against the U.S. dollar amid heightened political uncertainty and growing diplomatic tensions with the U...Published: 05 Apr 2025 at 16:40hrs | 9539 | by Staff reporter
DA's Zille calls for unity among Zimbabwean opposition leaders
Helen Zille, the federal chairperson of South Africa's Democratic Alliance (DA), has urged Zimbabwean opposition leaders to unite and capitalize on the internal divisions within the ruling Zanu-...Published: 26 Mar 2025 at 07:04hrs | 1761 | by Staff reporter
Emmerson Mnangagwa and the 26 criminals around him
In November 2017, former President Robert Mugabe was removed from office and his crime, according to the putschists who ousted him in a coup, was that he had allowed himself to be surrounded by crimin...Published: 08 Mar 2025 at 15:51hrs | 1724 | by Luke Tamborinyoka
Nedbank reaffirms commitment to Zimbabwe as an investment destination
Nedbank Group has reiterated that Zimbabwe remains an attractive destination for foreign direct investment and pledged continued support for key sectors of the economy to drive growth.Dr. Tere...Published: 07 Mar 2025 at 06:55hrs | 110 | by Staff reporter
Zimsec opens registration for 2025 exams
The Zimbabwe School Examinations Council (ZIMSEC) has officially opened registration for the June and November 2025 Ordinary and Advanced Level examinations. Candidates have been urged to visit their ...Published: 17 Feb 2025 at 08:56hrs | 617 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 919 | by Staff reporter
Amnesty beneficiary faces new robbery charges
A man released under Presidential Amnesty in April this year has been brought back to court on fresh charges of robbery, raising concerns about repeat offenders exploiting the clemency program....Published: 31 Dec 2024 at 13:37hrs | 54 | by Staff reporter
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3083 | by Staff reporter
Man accused of robbing elderly woman
A 55-year-old man from New Lobengula suburb in Bulawayo appeared in court facing charges of robbery after allegedly stealing over US$2,000 and a significant amount of South African rand from a 65-year...Published: 11 Dec 2024 at 06:35hrs | 225 | by Staff reporter
Robbers strike at United Refineries
Armed robbers executed a daring break-in at United Refineries, located in the Kelvin Industrial Area of Bulawayo, early on Friday morning, making off with over US$10,000 and more than 20,000 South Afr...Published: 08 Dec 2024 at 09:54hrs | 310 | by Staff reporter
'Sovereignty ego maintaining Zimbabwe's ailing ZiG'
Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu...Published: 30 Oct 2024 at 10:36hrs | 898 | by Staff reporter
Ex-Wenela payouts could be made in November
Thousands of Zimbabweans who contracted respiratory diseases while working in South African gold mines between the 1960s and 1980s may begin receiving compensation from November. Tshiamiso Trust, the ...Published: 20 Oct 2024 at 12:18hrs | 206 | 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 | 169 | by Michael Badze
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 | 669 | 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 | 3372 | by Tendai Ruben Mbofana
Zimbabwe expands e-passport services with new centres abroad
Zimbabwe is intensifying efforts to establish three new e-passport centres in the United Kingdom, Zambia, and the United States, aiming to facilitate easier access to essential civic documents for cit...Published: 29 Sep 2024 at 11:19hrs | 232 | by Staff reporter
Cracking the code on forex trading: How does it really work?
Engaging in forex trading presents an opportunity for South Africans to participate in the international financial scene and potentially make profits by leveraging currency fluctuations. There is grow...Published: 27 Sep 2024 at 23:12hrs | 595 | by Staff Reporter
SA Rand ignores Pravin Gordhan death
The South African rand has shown steady performance in the wake of the passing of former Finance Minister Pravin Gordhan, a key figure in the country's economic landscape. Gordhan, who served multiple...Published: 13 Sep 2024 at 16:21hrs | 1280 | by Staff reporter
Fuel price decrease brings welcome relief to SA consumers
Consumers in South Africa will be able to stretch their rands a little further this month after the fuel price decreases were announced this past week.The Department of Mineral Resources and E...Published: 08 Sep 2024 at 09:39hrs | 107 | by Staff reporter
Rand manipulators must be held accountable by Parliament
African Transformation Movement (ATM) leader Vuyo Zungula has called for those responsible for the rand manipulation to face the wrath of the law.It is alleged that more than 28 banks conspire...Published: 28 Aug 2024 at 14:33hrs | 517 | by Staff reporter
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1346 | by Staff reporter
'ZiG scarcity a recipe for disaster'
Opposition party Labour Economists and Afrikan Democrats (LEAD) has raised concerns about the scarcity and lack of confidence surrounding Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG)....Published: 17 Jul 2024 at 07:29hrs | 859 | by Staff reporter
Reserves backing Zimbabwe's ZiG shoot to US$370 million
Prices of goods and services in Zimbabwe are expected to remain stable, thanks to increased cash and mineral reserves backing the new currency, Zimbabwe Gold (ZiG). These reserves have risen from US$2...Published: 07 Jul 2024 at 10:34hrs | 90 | by Staff reporter
Flimsy tactics to resist use of ZiG exposed
Some shops in Bulawayo are defying government regulations by exclusively trading in US dollars and South African rand, ignoring the Zimbabwe Gold (ZiG) currency, despite legal obligations under Statut...Published: 02 Jul 2024 at 06:29hrs | 1 | by Staff reporter
Zimbabwe's consulate in South Africa rolls out e-passports
Zimbabwe's consulate in South Africa announced the phased rollout of an e-passport processing facility starting today. Consul-General Eria Phiri explained that the first phase involved trainin...Published: 18 Jun 2024 at 06:52hrs | 7 | by Staff reporter
Sangoma in soup over fake money in Zimbabwe
Misheck Ncube, a Bulawayo traditional healer, faced court charges for possessing counterfeit USD and South African Rand notes at his Cowdray Park residence. Allegedly, Ncube deceived clients d...Published: 06 Jun 2024 at 08:03hrs | 12 | by Staff reporter
Zimbabwe's ZiG currency still stronger than the rand!
Zimbabwe's currency, the ZiG, continues to hold firm after its debut, the central bank in the country said.The currency stands at 13.31 per US dollar, according to data published on the Reserv...Published: 04 Jun 2024 at 13:37hrs | 11 | by Staff reporter
Woman jailed 10 years for selling 2-day-old baby
A Harare magistrate has sentenced a 23-year-old woman from Gokwe to 10 years in prison after she pleaded guilty to selling her two-day-old infant.In delivering the sentence, Magistrate Lazini ...Published: 21 May 2024 at 08:20hrs | 11 | 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 | 3 | by Sam Wezhira
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 | 4 | by Staff reporter
Zimsec extends registration period
GOVERNMENT has been commended for extending the deadline for Ordinary and Advanced Level examination fees payment to give parents and guardians adequate time to raise the funds.Primary and Sec...Published: 25 Mar 2024 at 05:25hrs | 4 | by Staff reporter
Zimbabwe exam fees deadline is extended
THE Government's extension of the deadline by which Ordinary and Advanced Level examination fees should be paid to the first week of May from March 23, has been welcomed by parents and guardians as a ...Published: 21 Mar 2024 at 08:44hrs | 5 | by Staff reporter
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 3 | by Staff reporter
220,000 Zimbabweans troop back home for Christmas
MORE than 220 000 people flocked into Zimbabwe over the last week for the festive season, marking a significant surge in arrivals compared to last year when the Government started easing stringent ent...Published: 24 Dec 2023 at 16:09hrs | 17 | by Staff reporter
'Zimbabwe's hastened currency shift won't end lending crisis'
Economists suggest that the recent issuance of a Statutory Instrument (SI) extending the use of multiple currencies in Zimbabwe until 2030 may have revealed the extent of President Emmerson Mnangagwa'...Published: 03 Nov 2023 at 14:55hrs | 13 | by Staff reporter
Mnangagwa law blamed for high US$ pricing
Industry and Commerce Minister, Sithembiso Nyoni, attributed the current high pricing in US dollars to Statutory Instrument (SI) 118A of 2022.SI 118A, enacted under the Presidential Powers (Te...Published: 25 Oct 2023 at 06:51hrs | 5 | by Staff reporter
'Zimbabwe to revert to local currency'
President Mnangagwa has declared that Zimbabwe is poised to shift back to employing its local currency as the exclusive legal tender, abolishing the multi-currency system. He underlined the significan...Published: 13 Oct 2023 at 06:24hrs | | by Staff reporter
Mnangagwa reiterates call for mono-currency
President Mnangagwa has announced that Zimbabwe will transition back to using its local currency as the exclusive legal tender, discontinuing the multi-currency system. He emphasized that a country's ...Published: 13 Oct 2023 at 06:12hrs | 4 | by Staff reporter
Zimbabwe govt loses battle on the redollarisation of salaries
THE government has issued a circular allowing public entities to pay salaries and allowances partly in United States dollars, in a development that shows the state is losing the war of redollarisation...Published: 27 Jul 2023 at 20:31hrs | 10 | by Staff reporter
Zimdollar demand soars
DEMAND for the Zimbabwean dollar continues to soar as more businesses and individuals seek to transact using the local currency, which has regained its lost value for the third consecutive time at the...Published: 05 Jul 2023 at 07:15hrs | 1 | by Staff reporter
Government says NO to payment of bills in forex
THE directive late last week by the Government that all local councils must continue charging in local currency as opposed to United States dollars as had just been announced by the Harare City Counci...Published: 03 Jul 2023 at 07:08hrs | 11 | by Staff rporter
Best online casinos in South Africa - Biggest casino bonuses ZA
Hustlescasino: Highest rated online casino - 2x your deposit up to 50k Rand or $2000 ...Published: 31 May 2023 at 16:03hrs | 60 | by Staff Reporter
South African rand hits record low in more market turbulence
The South African rand hit an all-time low on Friday before paring losses after a minister denied the country's arms control committee had approved an arms shipment to Russia, on another turbulent day...Published: 13 May 2023 at 18:41hrs | 2 | by Staff reporter
Mthuli Ncube scrambles to rescue Zimdollar
FINANCE minister Mthuli Ncube has removed duty on all basic commodities to combat the rampant price increases in a slew of desperate measures to save the collapsing Zimbabwe dollar.Over the pa...Published: 12 May 2023 at 06:06hrs | | by Staff reporter
'Zimbabweans dump Zimdollar'
A MAJORITY of citizens have dumped the Zimbabwean dollar with 97% of transactions for basic commodities being conducted in United States dollars, a World Bank official said yesterday.World Ban...Published: 06 May 2023 at 06:35hrs | 2 | by Staff reporter
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