Search / Spending
Godongwana controversially allocates R321 million to Western Cape
In a surprising move, Finance Minister Enoch Godongwana has allocated an additional R321 million in basic education funding exclusively to the Western Cape, sparking concerns and calls for transparenc...Published: 31 Oct 2024 at 11:58hrs | 1638 | by Staff reporter
South Africa plans to say goodbye to cash?
Despite the surging adoption of contactless payments in South Africa, more than half of the country still relies on cash as their dominant payment method, and the digital divide is slowing the migrati...Published: 29 Oct 2024 at 13:54hrs | 2819 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4474 | by Staff reporter
Mnangagwa's govt in soup over unsanctioned US$500m 'loan'
A local citizen, Marvelous Khumalo, has taken the Zimbabwean government to court, demanding the repayment of over half a billion United States dollars allegedly misappropriated through unauthorized bo...Published: 29 Oct 2024 at 07:44hrs | 1071 | by Staff reporter
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6720 | by Staff reporter
IMF cautions Zimbabwe
ZIMBABWE won't solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the International Monetary Fund said."There's a tendency t...Published: 27 Oct 2024 at 12:30hrs | 3999 | by Staff reporter
Man falls to death during scuffle with sex worker
A tragic incident unfolded in Nyengera village, Chivi, when a dispute over a refund for unpaid services escalated to violence, resulting in the death of a 59-year-old man. Christopher Tsuro allegedly ...Published: 26 Oct 2024 at 15:42hrs | 2259 | by Staff reporter
Jilted lover storms bedroom, attacks half naked rival
A man from Sotshangane Flats in Bulawayo endured public humiliation and threats to his safety after a run-in with his girlfriend's ex-lover. Emory Nare, who says he now lives in fear, recounted a shoc...Published: 26 Oct 2024 at 12:51hrs | 393 | by Staff reporter
Beitbridge border automated services undergo upgrade
The Department of Immigration in Zimbabwe has initiated the upgrading of its automated services to align with the modernised Beitbridge Border Post, one of the busiest land ports of entry in Africa. T...Published: 23 Oct 2024 at 07:48hrs | 142 | by Staff reporter
Woman steals US$24 000 from employer
A 35-year-old woman from Barham Green, Bulawayo, appeared in court yesterday facing charges of stealing US$24,000 from a steel manufacturing company where she worked. The accused, Nothando Banana, all...Published: 23 Oct 2024 at 07:47hrs | 858 | by Staff reporter
South Africa spent US$2,9 million in 4 months on deporting illegal immigrants
The EFF has raised concerns about the R52.8m (US$2,9 million) spent on deporting illegal immigrants between April and August.Home affairs minister Leon Schreiber, in a recent Q&A session i...Published: 22 Oct 2024 at 08:57hrs | 636 | by Staff reporter
Zanu-PF chair riled by policemen
Zanu-PF provincial chairperson for Bulawayo, Jabulani Sibanda, last week reprimanded police officers for failing to show respect during the national anthem at the groundbreaking ceremony for the civil...Published: 22 Oct 2024 at 08:01hrs | 631 | by Staff reporter
Bulawayo hotels, lodges fully booked, ZITF gym closed for regulars
Major hotels and lodges in Bulawayo are fully booked this week as over 4,000 delegates arrive for the Zanu-PF Annual National People's Conference, which starts today. While the official opening sessio...Published: 22 Oct 2024 at 07:59hrs | 399 | by Staff reporter
SA constitution serves the elite and the neoliberal agenda
The MK Party has called for the scrapping of South Africa's constitution, claiming it serves the elite and the neoliberal agenda. The party, led by former president Jacob Zuma who was in the A...Published: 19 Oct 2024 at 19:59hrs | 248 | by Staff reporter
Chivayo refuses to pay American consultant
Zimbabwean businessman Wicknell Chivayo, known for his extravagant lifestyle and high-profile donations, is currently embroiled in controversy following his refusal to pay US$75,000 to an American con...Published: 19 Oct 2024 at 12:37hrs | 9781 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3238 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6181 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1319 | by Staff reporter
Zimbabwe says basic goods in limited supply after ZiG devaluation
Zimbabwe said the steep devaluation of its gold-backed currency last month has triggered shortages of bread, sugar and other staples in its formally regulated stores, suggesting the country's latest e...Published: 09 Oct 2024 at 16:38hrs | 3273 | by Staff reporter
Zimbabwe compensates farmers over land invasions
The Zimbabwean government will this month pay an initial $20 million to foreign white and local Black farmers who lost land in farm invasions under former leader Robert Mugabe at the turn of the centu...Published: 08 Oct 2024 at 07:34hrs | 1579 | by Staff reporter
Nepotism, corruption mar Harare land allocations
A commission of inquiry into the City of Harare's financial management has revealed widespread corruption, nepotism, and favouritism in the municipality's land allocation processes. The commission, le...Published: 08 Oct 2024 at 07:26hrs | 101 | by Staff reporter
Harare council can't account for US$100m
The City of Harare is in turmoil as investigations reveal a failure to account for over US$100 million, raising alarming questions about potential misappropriation and grand theft of council resources...Published: 06 Oct 2024 at 10:13hrs | 476 | by Staff reporter
Harare City Council suppliers refuse ZiG payments
The Harare City Council is facing significant challenges in maintaining its operations following the recent devaluation of the Zimbabwean Gold (ZWG) currency, further hampering service delivery in the...Published: 03 Oct 2024 at 16:24hrs | 411 | by Staff reporter
'Situation at Harare Town House has reached another level'
Harare city councillors have expressed frustration over the lack of an effective communication system at Town House, which they believe has led to sensitive information being disseminated via social m...Published: 03 Oct 2024 at 08:55hrs | 543 | by Staff reporter
BAZ, central bank meet over policy interventions
The Bankers Association of Zimbabwe (BAZ) held a crucial meeting with the Reserve Bank of Zimbabwe (RBZ) governor, Dr. John Mushayavanhu, on Monday to address key policy changes from the Monetary Poli...Published: 03 Oct 2024 at 08:44hrs | 54 | by Staff reporter
2 'town clerks' running Harare
Harare City Council (HCC) is embroiled in a new scandal following revelations that it has been operating with two town clerks for nearly a year. This shocking development was reported by NewsDay, rais...Published: 30 Sep 2024 at 07:45hrs | 820 | 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 | 3363 | by Tendai Ruben Mbofana
Zimbabwe's Mutapa Fund clinches US$350m power deal
The Mutapa Investment Fund (MIF) has approved a significant joint venture valued at US$350 million between Indian firm Jindal Africa Investments and Zesa to refurbish six units at Hwange Thermal Power...Published: 29 Sep 2024 at 14:25hrs | 3209 | by Staff reporter
Sikhala warns Mnangagwa
Former Zengeza West legislator Job Sikhala has issued a stern warning to the ruling Zanu-PF regime, urging them to cease the continuous persecution of opposition activists. He emphasized that imprison...Published: 29 Sep 2024 at 11:29hrs | 2201 | by Staff reporter
ZiG collapse linked to Mnangagwa SADC chairship?
During a recent Senate debate, Citizens Coalition for Change (CCC) Senator Cecil Zvidzai urged Zimbabweans to confront uncomfortable truths about national issues impacting citizens' well-being. His re...Published: 28 Sep 2024 at 12:14hrs | 2445 | by Staff reporter
Zimra issues warning to truckers at Beitbridge border post
The Zimbabwe Revenue Authority (Zimra) has issued a stern warning to truckers, clearing agents, and runners utilizing the Beitbridge Border Post, urging them to refrain from approaching the border wit...Published: 26 Sep 2024 at 10:21hrs | 382 | by Staff reporter
We will prioritise inclusive tourism: Murare travel and tours
The 2024 Sanganai Hlanganani World Tourism Expo's first (1st) Runner up in Best Car Hire stand, Murare Car Rental has expressed their organisation's commitment to serve diverse tourists (amongst all t...Published: 21 Sep 2024 at 10:56hrs | 779 | by Gideon Madzikatidze
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3491 | by Staff reporter
Mthuli Ncube slammed
The Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on Finance Minister Mthuli Ncube to expand the upcoming 2025 National Budget Consultations to allow for more inclusive input from th...Published: 20 Sep 2024 at 08:05hrs | 575 | by Staff reporter
Zimbabwe's ballooning US$21 billion debt spirals out of hand
Citizen Coalition for Change (CCC) Mbizo Member of Parliament (MP), Corban Madzivanyika, has raised alarm over Zimbabwe's escalating public debt, which has now surpassed US$21 billion. During a recent...Published: 15 Sep 2024 at 10:06hrs | 1797 | by Staff reporter
Mnangagwa's govt blows unbudgeted US$16m
The government incurred significant unbudgeted expenditures earlier this year by providing twin-cab vehicles to chiefs, a move that has placed their parent ministry in a financial deficit, Finance Min...Published: 13 Sep 2024 at 08:12hrs | 1913 | by Staff reporter
Relax security surveillance, Rwodzi tells Kazembe
Despite this year's Sanganai Hlanganani World Tourism Expo witnessing extreme hotel occupancy and overload, Tourism Minister, Barbara Rwodzi has appealed ...Published: 13 Sep 2024 at 07:03hrs | 4323 | by Gideon Madzikatidze in Bulawayo
Mthuli Ncube must explain why some ministries exceeded their approved budgets
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube has been urged to explain why some government ministries exceeded their approved budgets before mid-year. In a motion on t...Published: 12 Sep 2024 at 08:01hrs | 452 | 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 | 9557 | by Staff reporter
The abuse of power in Zimbabwe
Zimbabwe's government has been increasingly accused of using its legal machinery to silence dissenting voices and suppress freedom of speech.Activists and civil society organisations have been...Published: 08 Sep 2024 at 10:02hrs | 261 | by Gary Gerald Mtombeni
'80% of ministers boycott Parliament sessions'
A heated debate broke out in the National Assembly on Thursday as lawmakers voiced their frustration over the frequent absenteeism of Cabinet ministers during question-and-answer sessions. This week, ...Published: 07 Sep 2024 at 10:10hrs | 176 | by Staff reporter
CCC councillors squander millions in shady water deals
The Harare City Council (HCC) is reportedly wasting US$300,000 per month on water treatment chemicals from third-party suppliers, despite having a US$5.4 million contract with South African company Na...Published: 06 Sep 2024 at 14:51hrs | 245 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 114 | by Staff reporter
Mutsvangwa 'free the activists' order comes to pass
In recent days, over a dozen activists have been released on bail after spending several weeks in pretrial detention. They were initially arrested for allegedly plotting anti-government protests surro...Published: 05 Sep 2024 at 07:21hrs | 622 | by Staff reporter
Timba and 77 CCC activists acquitted
Zimbabwean veteran political activist and former minister Jameson Timba, along with 77 others, have been acquitted on charges of plotting public violence after spending nearly 80 days in detention. Th...Published: 04 Sep 2024 at 14:08hrs | 650 | by Staff reporter
Underfunding leaves Polad on life support
President Emmerson Mnangagwa has positioned Sengezo Tshabangu, the new Secretary-General of the Citizens Coalition for Change (CCC), as a prominent opposition figure amid the faltering Political Actor...Published: 02 Sep 2024 at 11:30hrs | 532 | by Staff reporter
Ugandan released after spending 3 weeks in detention
Tom Ssekamwa, a 24-year-old Ugandan, was acquitted by a Masvingo magistrate after being held for three weeks on charges of criminal nuisance and violating Zimbabwe's Censorship and Entertainment Contr...Published: 29 Aug 2024 at 16:10hrs | 205 | by Staff reporter
Unilever pulling out of Zimbabwe after 80 years
Unilever, one of the world's leading consumer goods companies, is pulling out of Zimbabwe after 80 years of operation.The company, which had reaffirmed its long-term commitment to the country ...Published: 27 Aug 2024 at 11:21hrs | 1233 | by Staff reporter
ANC mayor wants foreign nationals to be recruited as JMPD officers
Newly elected Joburg mayor Dada Morero may have started his tenure on the wrong foot.This was after he suggested that documented foreigners be recruited as Johannesburg Metro Police Department...Published: 26 Aug 2024 at 12:30hrs | 1066 | by Staff reporter
Load More Stories
