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ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 258 | by Staff reporter
Zimbabwe faces influx of counterfeit goods
The Consumer Protection Commission (CPC) has raised alarm over the rampant influx of counterfeit goods into Zimbabwe, revealing that the smuggling of these products is occurring on an industrial scale...Published: 20 Oct 2024 at 14:13hrs | 235 | by Staff reporter
Backdated pay rise for civil servants
The Government has delivered on its commitment to review upwards the salaries of civil servants, with employees starting to receive their backdated pay yesterday. This move is part of the Government's...Published: 16 Oct 2024 at 11:47hrs | 526 | by Staff reporter
Moxon dynasty takes over at Meikles Limited
Meikles Limited has announced the appointment of former chairman John Moxon's son Matthew John Moxon as its acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO po...Published: 15 Oct 2024 at 10:38hrs | 3074 | by Staff reporter
ZiG struggles persist
The woes surrounding the Zimbabwe Gold (ZWG) currency show no signs of abating, as retailers continue to implement a three-tier pricing system for products, complicating consumer transactions and unde...Published: 15 Oct 2024 at 08:39hrs | 2764 | by Staff reporter
Dollarisation the worst thing to do for Zimbabwe
The Zimbabwean government has remained resolute in its decision not to revert to full dollarisation, despite growing calls from businesses and citizens who prefer the United States dollar over the rap...Published: 10 Oct 2024 at 13:46hrs | 1668 | by Staff reporter
Zimbabwe police bust 1000-member gay group
Harare police have uncovered a 1,000-member gay syndicate using a WhatsApp group named "Private Lounge" to promote illegal same-sex relationships. This revelation comes after the arrest of a 25-year-o...Published: 09 Oct 2024 at 07:37hrs | 6909 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 791 | by Tendai Ruben Mbofana
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 | 620 | by Staff reporter
Zimbabwe shops impose limits amid panic-buying?
Some shops across Zimbabwe have imposed "one item per person" rules for products such as milk to fend off panic-buying triggered by a new loss of faith in the country's latest currency.Last we...Published: 02 Oct 2024 at 07:57hrs | 1179 | by Staff reporter
Supermarkets, vendors reject ZiG
In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have stopped accepting payments in the local ZiG currency. This decision follows Reser...Published: 01 Oct 2024 at 09:10hrs | 1296 | by Staff reporter
Man steals US$7 259, R10 000 blows it on cleansing ritual
A 51-year-old Bulawayo man, Bongani Matshazi, has been sentenced to six months in prison after being convicted of stealing US$7,259 and R10,000 from his employer to pay for a spiritual cleansing ritua...Published: 27 Sep 2024 at 15:22hrs | 346 | by Staff reporter
'Zimbabwe's feja-feja economics not working'
Major retail shops in Zimbabwe adjusted their exchange rates to ZiG30 per dollar yesterday as the local currency continued to falter, a day after President Emmerson Mnangagwa accused economic "saboteu...Published: 27 Sep 2024 at 08:26hrs | 284 | by Staff reporter
Zimbabwe urged to ditch 'command' exchange rate
The government of Zimbabwe is facing increasing pressure to abandon its "command" exchange rate for the Zimbabwe Gold (ZiG) currency, introduced in April, as businesses struggle to cope with currency ...Published: 25 Sep 2024 at 09:21hrs | 3961 | by Staff reporter
Zimbabwe central bank bites back
This year, authorities in Zimbabwe have recorded over 1,100 cases of debit card abuse linked to backstage black market dealers, highlighting the ongoing challenges of a protracted currency crisis. The...Published: 20 Sep 2024 at 09:35hrs | 6109 | by Staff reporter
Chinese' shops flood Bulawayo CBD
A bustling shop along Fife Street, between Eighth and Ninth Avenue, known informally as a "Chinese shop," has become a go-to destination for Bulawayo residents in search of affordable goods. From kitc...Published: 18 Sep 2024 at 08:18hrs | 605 | by Staff reporter
Pupil spared jail time for fatal stabbing
A 17-year-old former student of Milton High School narrowly avoided a prison sentence after appearing in the Bulawayo High Court last Thursday for fatally stabbing another 17-year-old boy in Magwegwe ...Published: 15 Sep 2024 at 09:57hrs | 274 | by Staff reporter
Bulawayo man reports lawyer to Law Society of Zimbabwe
A Bulawayo resident has lodged a formal complaint alleging severe misconduct and unethical behavior within the legal system, specifically targeting a local lawyer accused of disrupting legal proceedin...Published: 13 Sep 2024 at 08:03hrs | 508 | by Staff reporter
Bulawayo malls deserted
Nokulunga Mlalazi, an airtime vendor at Nkulumane Complex in Bulawayo for over two decades, has witnessed the decline of this once-bustling shopping center. Built in the late 1990s by Old Mut...Published: 12 Sep 2024 at 07:13hrs | 1052 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1037 | 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
Chiwenga talks tough over falling ZiG
Vice-President Constantino Chiwenga has announced that the government is closely monitoring financial markets to address the recent decline in the value of the local currency on the parallel mark...Published: 05 Sep 2024 at 07:21hrs | 989 | 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
Bulawayo couple caught on CCTV shoplifting
A couple from Bulawayo, Oscar Maveza (44) and Nora Chinhori (32), has been sentenced to perform six weeks of community service after being caught on CCTV stealing from Khumz Investment Supermarke...Published: 19 Aug 2024 at 07:09hrs | 786 | by Staff reporter
Police in Zimbabwe arrest more money-changers
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit have arrested 10 more illegal currency traders in a renewed crackdown. National police spokesperson Commissioner Paul Nyathi c...Published: 01 Aug 2024 at 09:07hrs | 865 | by Staff reporter
TM Pick n Pay Zimbabwe boss in racism storm, pay scandal
TM Pick n Pay Zimbabwe's Managing Director, Malcolm Mycroft, faces allegations of racism, externalisation of funds, and unfair salary practices, negatively affecting local employees. Reports indicate ...Published: 31 Jul 2024 at 12:59hrs | 2605 | by Staff reporter
Tiffany Haddish defends Zimbabwe video after backlash
American comedian Tiffany Haddish faced backlash from some Zimbabweans after posting a TikTok video of her visit to a supermarket in Harare. In the video, Haddish expressed surprise at the store's siz...Published: 30 Jul 2024 at 07:44hrs | 586 | by Staff reporter
Zimbabwe shops continue to reject ZiG
The surge in black-market exchange rates, which peaked at US$1:25 ZiG, has led some businesses in Bulawayo to reject transactions in Zimbabwe Gold (ZiG), defying government directives. This defiance u...Published: 30 Jul 2024 at 07:39hrs | 1846 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 26 Jul 2024 at 06:33hrs | 490 | by Staff reporter
Mai Rwizi dies
Susan Chenjerai, famously known as "Mai Rwizi" from the Mukadota Family television show, has passed away at the age of 83. Chenjerai was celebrated for her exceptional talent as an actor and musician,...Published: 06 Jul 2024 at 11:52hrs | 30 | by Staff reporter
Man captured on CCTV stealing sweets from supermarket
Praise Kangande appeared before the Karoi Magistrate Court for stealing two packs of sweets valued at US$7 from Harare Inn Wholesale on June 26. According to the National Prosecuting Authority...Published: 04 Jul 2024 at 09:32hrs | 2 | by Staff reporter
Shop supervisor in court for rejecting ZiG notes
A supervisor at a Spar Supermarket, Panashe Takavarasha (37), appeared in court for refusing to accept Zimbabwe Gold (ZiG) notes from a customer attempting to buy bread. Takavarasha, charged w...Published: 22 Jun 2024 at 11:22hrs | | by Staff reporter
Shop supervisor in court for refusing ZiG
Panashe Takavarasha, a supermarket supervisor at Spar in Harare, appeared in court for allegedly refusing to accept Zimbabwe Gold (ZiG) currency. He faces charges under the Reserve Bank of Zimbabwe Ac...Published: 20 Jun 2024 at 07:29hrs | | by Staff reporter
Zanu-PF businesspeople reject ZiG
Zanu-PF political commissar Munyaradzi Machacha has called for the arrest of businesspeople affiliated with the party who refuse to accept the Zimbabwe Gold (ZiG), the country's newly introduced curre...Published: 17 Jun 2024 at 09:02hrs | | by Staff reporter
EcoCash launches new mobile App
EcoCash, Zimbabwe's leading mobile money platform, has unveiled a brand-new mobile app in Harare today, June 13, 2024, featuring enhanced security and a more user-friendly interface packed with additi...Published: 15 Jun 2024 at 11:04hrs | 17 | by Staff reporter
Counterfeit & expired goods flood Bulawayo streets
In Bulawayo's Central Business District (CBD), an informal sector thrives under the cover of darkness, selling cheap foodstuffs and other products that are often expired or counterfeit. Operating betw...Published: 12 Jun 2024 at 06:32hrs | 2 | by Staff reporter
RBZ holds ZiG50, ZiG200 from circulation
The Reserve Bank of Zimbabwe (RBZ) has decided not to introduce ZiG50 and ZiG200 notes to the market in the near future due to concerns that larger denominations could fuel inflation, according to cen...Published: 31 May 2024 at 21:16hrs | | by Staff reporter
Zimbabweans complain over ZiG cash shortage
Business operators and residents in Gweru are expressing concerns about the scarcity of the new currency, Zimbabwe Gold (ZiG), and are urging the Reserve Bank of Zimbabwe (RBZ) to increase the availab...Published: 24 May 2024 at 08:35hrs | 1 | by Staff reporter
Zimbabwean blueberry producers seek access to Chinese market
At a farm in Marondera, about 80 kilometers east of the Zimbabwean capital Harare, blueberries are ripening in May. Workers carefully pick the plump berries from the shrubs, ensuring not to damage the...Published: 24 May 2024 at 08:22hrs | 5 | by Staff reporter
RBZ pleads for ZiG acceptance as informal traders insist on US dollar
The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to accept the currency for fear it will be w...Published: 10 Apr 2024 at 21:55hrs | | 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 | 2 | by Sam Wezhira
Even Chissano knows Mnangagwa has failed Zimbabwe!
The visiting former Mozambique president Joachim Chissano made a very telling comment yesterday.He alleged that Zimbabwe was experiencing social and economic transformation, putting it ahead o...Published: 09 Apr 2024 at 16:52hrs | 1 | by Tendai Ruben Mbofana
Money changers reject bond notes
Vendors in Harare have ceased accepting bond notes following the introduction of the new currency, the Zimbabwe Gold (ZiG) dollar, despite Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanu's an...Published: 08 Apr 2024 at 10:49hrs | | by Staff reporter
Zimbabweans urged to have confidence in new currency
Measures announced by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu in his maiden monetary policy statement on Friday should go a long way in containing prices and reducing inflation, a...Published: 08 Apr 2024 at 10:43hrs | | by Staff reporter
Zimbabwe's new currency chaos
ZIMBABWEAN consumers were yesterday left stranded after businesses suspended trading using the Zimbabwe dollar following the introduction of a new currency on Friday.Reserve Bank of Zimbabwe (...Published: 07 Apr 2024 at 10:35hrs | | by Staff reporter
ZiG is putting lipstick on a pig, says Biti
The Reserve Bank of Zimbabwe (RBZ) on Friday introduced a new currency to be known as the ZiG, which stands for Zimbabwe Gold.RBZ governor John Mushayavanhu said the ZiG would be structured an...Published: 07 Apr 2024 at 10:31hrs | 17 | by Staff reporter
Econet announces preps for changeover from Zimdollar to ZiG
Econet Wireless Zimbabwe has announced that it has suspended trading in the ZWL currency as it works to configure the changeover from ZWL to the new ZiG currency on its various product platforms. ...Published: 07 Apr 2024 at 10:08hrs | | by Staff reporter
It's easier to topple your mentor than run a country, isn't it Mr. President?
So, this where it has all come to? Those of us in urban areas now live without water and electricity!We are no longer any different from our compatriots in rural Zimbabwe.I may...Published: 31 Mar 2024 at 16:20hrs | | by Tendai Ruben Mbofana
Basics disappear from Zimbabwe shop shelves
ZIMBABWEAN retailers are struggling to restock locally produced goods using the local unit as manufacturers and wholesalers are turning them away in favour of those that pay in the United States dolla...Published: 15 Mar 2024 at 07:19hrs | 8 | by Staff reporter
Mnangagwa keeping Zim dollar to oppress Zimbabweans!
Why is the Zimbabwe government so adamant in holding on to a useless currency?On what logic would anyone believe that it is a good idea to continue using money that loses its value nearly on a...Published: 06 Mar 2024 at 23:33hrs | | by Tendai Ruben Mbofana
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