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Zesa rebundling begins
Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...Published: 29 Jun 2025 at 11:21hrs | 7423 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 152 | by Staff reporter
Zimbabwe's rot of corruption began at the top - that's where it must end
No one can deny that Zimbabwe has become synonymous with corruption.This morning, I woke up to deeply disturbing news reports that shook me to the core - not because they were shoc...Published: 01 May 2025 at 19:53hrs | 987 | by Tendai Ruben Mbofana
Why is the greed of Zimbabwe's leaders so insatiable - even at the cost of the nation?
Killing the goose that lays the golden egg! There is a peculiar kind of greed that afflicts some leaders - one so insatiable it defies logic. It is a form of acquisitive madness that t...Published: 12 Apr 2025 at 09:17hrs | 78 | by Tendai Ruben Mbofana
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 84 | by Staff reported
Leadership changes sweep through Zim's corporate landscape
A wave of leadership changes has swept through several listed companies in recent weeks, marking a significant shift in the corporate landscape. Notable companies such as OK Zimbabwe, Econet Wireless,...Published: 11 Mar 2025 at 11:30hrs | 655 | by Tonderai Ndoro
AMH Chief Executive compromised?
Kenias Mafukidze, the chief executive of Trevor Ncube's privately-owned media house Alpha Media Holdings (AMH), is facing intense scrutiny after being caught in a glaring conflict of interest. Mafukid...Published: 07 Mar 2025 at 07:32hrs | 515 | by Staff reporter
Mnangagwa's govt employs national youth service graduates
The Zimbabwean government has begun employing graduates from the National Youth Service (NYS) program in line with a Cabinet directive that prioritizes the recruitment of these trainees into the civil...Published: 07 Dec 2024 at 10:35hrs | 555 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3692 | by Tendai Ruben Mbofana
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 7 | by @Jamwanda2 on Saturday
Zim under Mnangagwa is now worse than Zuma's SA!
Who can forget the daily live broadcasts of the 'Zondo Commission of Inquiry into State Capture' in neighboring South Africa?I, for one, made sure not to miss any of these hearings.Eac...Published: 19 Jun 2024 at 15:13hrs | 4 | by Tendai Ruben Mbofana
Wicknell ambushes Starlink
No. 53 Samora Machel Avenue, Harare. This is the address from which IMC Communications (Pvt) Ltd - which is linked to controversial businessman Wicknell Chivayo - will be providing Zimbabwean clients ...Published: 28 May 2024 at 12:42hrs | 56 | by Staff reporter
'Mutapa Investment Fund mustn't become conduit for looting'
AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (M...Published: 11 Mar 2024 at 09:09hrs | 38 | by Staff reporter
Zimbabwe's ailing SOEs owe Chinese, Indian banks US$1.7billion
ZIMBABWE has accessed loans of up to USS$1.7 billion from Chinese and Indian banks to shore up technically insolvent state-owned enterprises (SOEs), a leading regional financier has revealed.A...Published: 31 Dec 2023 at 12:57hrs | 15 | by Staff reporter
Parting Thoughts from 2023 Zimbabwe Coconut Reforms
It is not a secret that the rotten state or the coconut republic of Zimbabwe must be reformed and replaced with a well-functioning state. To establish a functional state, reform is needed in political...Published: 20 Dec 2023 at 22:45hrs | 19 | by Sam Wezhira
Zambia is on the verge of being a one-party state
Zambia's former ruling parties have typically fared poorly after losing power. The United National Independence Party (UNIP) ruled for 27 years but gradually collapsed following its defeat in 1991. Th...Published: 12 Dec 2023 at 21:11hrs | 20 | by Sishuwa Sishuwa
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 4 | by Staff reporter
Mnangagwa clips Mthuli Ncube's wings
PRESIDENT Emmerson Mnangagwa has clipped Finance minister Mthuli Ncube's wings by removing the Zimbabwe Investment Development Agency (ZIDA) Act from his ministry.This comes amid fears t...Published: 11 Nov 2023 at 15:55hrs | 11 | by Staff reporter
Zimra can't account for ZW$1 billion
THE Zimbabwe Revenue Authority (Zimra) has failed to account for millions of dollars in tax and deposits paid by clients, amid indications of massive fraud facilitated by weak accounting systems, rais...Published: 31 Oct 2023 at 16:27hrs | 2 | by Staff reporter
Mnangagwa flags govt procurement graft
President Emmerson Mnangagwa expressed his concerns about corruption within public procurement processes during his address at the Procurement Regulatory Authority of Zimbabwe (PRAZ) third annual conf...Published: 24 Oct 2023 at 06:05hrs | 2 | by Staff reporter
REVEALED: How Chamisa begged VP Chiwenga to talk to Mnangagwa on his behalf
The leader of the Citizens Coalition for Change (CCC) and presidential candidate, Nelson Chamisa, made an attempt to engage Vice President Constantino Chiwenga in a meeting with President Emmerson...Published: 16 Oct 2023 at 16:36hrs | 10 | by Nkululeko Nkomo
Charamba exposes Chamisa?
FROM as early as 2018, CCC leader Mr Nelson Chamisa sent various envoys who included journalists, businessmen and church leaders to open talks with President Mnangagwa but all his missions collapsed a...Published: 16 Oct 2023 at 06:04hrs | | by Staff reporter
Zimbabwe Treasury has not exempted state enterprises from procurement rules
The state enterprises under the Mutapa sovereign wealth fund still have to comply with procurement rules despite an exemption issued for the fund itself, The Ministry of Finance says.In a gove...Published: 02 Oct 2023 at 19:57hrs | 4 | by Staff reporter
Legalizing looting shows Zimbabwe is led by dunderheads!
From the time I was a little boy, there was something that always puzzled me.I could never understand how, those who were in top government positions - with all the opportunities availed to th...Published: 02 Oct 2023 at 07:55hrs | 2 | by Tendai Ruben Mbofana
Kasukuwere to challenge Mnangagwa's 'looting scheme' in court
Saviour Kasukuwere, a former Zanu-PF commissar in exile, has signaled that his movement is contemplating legal action against President Emmerson Mnangagwa's recent decision to shield the procurement p...Published: 01 Oct 2023 at 14:34hrs | | by Staff reporter
Kasukuwere challenges Mnangagwa secrecy bid
Ex-minister Saviour Kasukuwere, barred from running for president, says the Mutapa Sovereign Wealth Fund and a decree by President Mnangagwa exempting nearly 2 dozen companies from public procurement ...Published: 01 Oct 2023 at 08:00hrs | 3 | by Staff reporter
'Zimbabwe's Chapter 12 institutions not independent'
Public researchers have asserted that so-called independent institutions, including the Zimbabwe Electoral Commission (ZEC) and other constitutional Chapter 12 entities, lack genuine independence and ...Published: 14 Sep 2023 at 11:04hrs | 4 | by Staff reporter
2-man race in battle for Zimbabwe State House
AS things stand, it is abundantly clear and an inescapable fact that the battle for State House is squarely between Citizen Coalition for Change (CCC) leader Nelson Chamisa and President Emmerson Mnan...Published: 21 Aug 2023 at 06:38hrs | 16 | by Lovemore Moyo
77% of Zimbabwean voters want change - survey
AT LEAST 77% of registered voters in Zimbabwe want change of government, according to a latest survey by a local research institute.A recent survey commissioned by the Public Policy and Resear...Published: 09 Aug 2023 at 08:08hrs | 12 | by Staff reporter
Kasukuwere wants Mnangagwa's govt to release all political prisoners
EXILED independent presidential candidate Saviour Kasukuwere has demanded that the Zanu-PF government must release all political prisoners, and pledged to act on the issue if elected...Published: 26 Jul 2023 at 06:44hrs | 15 | by Staff reporter
Will the next ZANU PF leader call Mnangagwa a 'dimwit'?
The ruling ZANU PF is always full of drama, which never ceases to amaze, if not bemuse.So, after current President Emmerson Dambudzo Mnangagwa's monumental failure to resuscitate the country's...Published: 29 Jun 2023 at 13:05hrs | 15 | by Tendai Ruben Mbofana
'Zanu-PF chefs have title deeds for grabbed farms'
FORMER Deputy Prime Minister Arthur Mutambara has sensationally claimed that all top Zanu-PF chefs have acquired title deeds to the farms they grabbed from white former farmers at the height of the la...Published: 05 Jun 2023 at 06:55hrs | | by Staff reporter
Zimbabwe parly miffed by high parastatals debt
THE Parliamentary Portfolio Committee on Budget, Finance and Economic Development is conducting public hearings to determine the level of debt held by State-owned firms, with early signs suggesting th...Published: 19 May 2023 at 20:44hrs | 3 | by Staff reporter
Mnangagwa preside over Zimbabwe implosion
WHILE President Emmerson Mnangagwa claimed that the majority of his ministers were doing well - with three outstanding and two being a dismal failure - the reality on the ground is different: Zimbabwe...Published: 20 Mar 2023 at 15:05hrs | 1 | by Staff reporter
Parly summons Zacc over unresolved graft cases
THE Public Accounts Committee (PAC) says it will summon the Zimbabwe Anti-Corruption Commission (Zacc) to appear before Parliament to explain bottlenecks in dealing with graft which is annually expose...Published: 03 Mar 2023 at 06:25hrs | 11 | by Staff reporter
Analysis of the 2023 national budget
The Zimbabwean government presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The government expects to collect revenues totaling ZW$3.9 billion (18% of GDP), thus resulting...Published: 16 Dec 2022 at 00:15hrs | 15 | by Victor Bhoroma
Zimbabwe macroeconomic priorities for 2023
Zimbabwe's treasury department presented a ZW$4.5 trillion budget (21% of 2021 GDP) for the 2023 fiscal year. The budget roughly translates to US$5.3 billion if the market exchange rate is used. As is...Published: 15 Dec 2022 at 23:53hrs | | by Victor Bhoroma
Mnangagwa's govt withdraws Xmas goodies for bigwigs
BIGWIGS in government will this year not be pampered with Christmas goodies, such as end of year hampers as the Finance ministry seeks to curb excessive spending.In the past, civil service bur...Published: 07 Dec 2022 at 05:08hrs | | by Staff reporter
Mnangagwa coronation day
NONE gave the Chevrons a chance against Pakistan in a Super 12 stage at the T20 Cricket World Cup currently underway in Australia. It is a biblical David v Goliath story and the Chevrons passed the te...Published: 29 Oct 2022 at 19:40hrs | | by Paidamoyo Muzulu
Zanu-PF leans on parastatals to fund congress
THE ruling Zanu-PF party has reportedly ordered struggling State-owned parastatals to sponsor its congress this week by buying exhibition space that cost between US$3 000 and US$6 000.State en...Published: 24 Oct 2022 at 06:14hrs | | by Staff reporter
Mnangagwa says Zimbabwe govt officials too corrupt
PRESIDENT Emmerson Mnangagwa says there is rampant abuse of public funds by government bureaucrats by flouting procurement procedures, crippling service delivery.Addressing delegates at the pr...Published: 22 Oct 2022 at 05:43hrs | 15 | by Staff reporter
Muchinguri under fire over army company operations
DEFENCE minister Oppah Muchinguri-Kashiri was on Wednesday cornered by independent Norton MP Temba Mliswa over the opaque investments and business dealings of army-owned company Rusununguko Nkululeko ...Published: 20 Aug 2022 at 17:06hrs | 73 | by Staff reporter
New parastatals on cards, restructuring continues
GOVERNMENT will continue to restructure and partially privatise parastatals including establishing new ones in order to buttress the ongoing economic transformation drive in line with Vision 2030....Published: 16 Aug 2022 at 06:37hrs | 1 | by Staff reporter
Zesa, Zesco stitch power deal
POWER utility Zesa Holdings is in discussions with its Zambian counterpart, Zesco for importation of 100 megawatts of electricity to supplement local production, NewsDay reportedAccording to Z...Published: 14 Jul 2022 at 09:28hrs | | by Staff reporter
Mnangagwa says there is too much graft in procurement processes
PRESIDENT Emmerson Mnangagwa yesterday said that the country's procurement processes are riddled with high level corruption, resulting in loss of funds.He made the remarks while officiating at...Published: 07 Jul 2022 at 08:06hrs | 9 | by Staff reporter
NRZ looting unearthed
AN internal audit has uncovered corporate governance rot, and looting at ailing parastatal National Railways of Zimbabwe (NRZ) with board chairperson Martin Dinha (pictured) and his board allegedly bl...Published: 24 Jun 2022 at 08:20hrs | 4 | by Staff reporter
Mangudya finds the $15 billion booty
On 18 June 2022, Zimbabwe woke up to the Reserve Bank Governor, Mangudya's admission that, "Fifteen major companies have been creating huge extra profits by borrowing billions of dollars, often from s...Published: 19 Jun 2022 at 21:07hrs | 11 | by Sam Wezhira
The mother of all vampire states
On 18 June 2022, Zimbabwe woke up to the the Reserve Bank Governor, Mangudya's admission that, "Fifteen major companies have been creating huge extra profits by borrowing billions of dollars, of...Published: 19 Jun 2022 at 21:01hrs | 17 | by Sam Wezhira
Govt tops pension defaulters list
STATE enterprises and parastatals top the list of 50 employers paying their former workers measly pensions, while owing the Insurance and Pensions Commission (Ipec) $5,3 billion in pension contributio...Published: 09 Jun 2022 at 06:41hrs | 5 | by Staff reporter
Mnangagwa admits failure
PRESIDENT Emmerson Mnangagwa has admitted failing to bring sanity in parastatals that are crumbling due to gross mismanagement and corruption under his watch.In his weekly column published in ...Published: 31 May 2022 at 06:33hrs | 1 | by Staff reporter
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