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If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 814 | by Tendai Ruben Mbofana
Fumvudza/ intwasa input scheme in disarray over US$300 million debt to suppliers
A government initiative aimed at providing free access to seed and fertilizer for communal farmers is encountering significant obstacles, as it has been revealed that the state owes suppliers more tha...Published: 30 Oct 2024 at 08:28hrs | 168 | by Staff reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 231 | by Staff reporter
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 727 | 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
Zera shuts down 73 unlicensed fuel stations
The Zimbabwe Energy Regulatory Authority (ZERA) has taken decisive action against unlicensed fuel stations, shutting down more than 70 facilities suspected of selling petroleum products from unauthori...Published: 20 Oct 2024 at 12:19hrs | 230 | by Staff reporter
Zimbabwe police names and shames drug barons - list
The Zimbabwe Republic Police names and shames the listed 32 drug barons and suppliers who were convicted by the courts throughout the country:- Admire Chamwaita (26), of Mfelandawonye, Beitbridge,...Published: 17 Oct 2024 at 18:07hrs | 2278 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 108 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 163 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 442 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 164 | 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
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 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
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2767 | by Nkosi Moyo
US$ shortages on official market crippling ZiG acceptability
The Confederation of Zimbabwe Industries (CZI) warns that the ongoing US$ shortages on the official market could further undermine the ZiG currency, amid increasing calls for comprehensive reforms to ...Published: 12 Sep 2024 at 08:07hrs | 1876 | 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
Chinese investors elbow out local chrome miners
An investigation has revealed that the Zimbabwe Mining and Alloy Smelting Company (Zimasco) has replaced around 150 small-scale chrome miners with Chinese investors, raising concerns about discriminat...Published: 10 Sep 2024 at 07:27hrs | 205 | 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
ZERA in nationwide clampdown on contaminated fuel suppliers
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a strong warning to service stations selling contaminated fuel as part of its intensified quality monitoring and testing campaign across the ...Published: 28 Aug 2024 at 10:17hrs | 155 | by Staff reporter
US$40,000 fraud trial continues
The trial of Harare businessman Michael Smith, accused of defrauding MA Auto Suppliers (trading as Mr Cruiser) of over US$38,000 and R124,000, continued with the State presenting three more witnesses....Published: 16 Aug 2024 at 08:11hrs | 120 | by Staff reporter
Reconciling nationality and the rainbow nation idea
IT seems dust never settles in Mzansi, the land of gold. Just a few weeks after an election that did not deliver an outright winner, the country is embroiled in what seems to be another identity...Published: 05 Aug 2024 at 07:07hrs | 74 | by Tapiwa Gomo
Black-listed govt suppliers face arrest
The Zimbabwean government is set to freeze the bank accounts of 51 suppliers blacklisted for illegal foreign currency dealings. Information, Publicity, and Broadcasting Services permanent ...Published: 03 Aug 2024 at 12:53hrs | 198 | by Staff reporter
Zimbabwe govt to mobilise stockfeed for rural farms
The government has announced that it is actively seeking funding to provide stockfeed to rural farmers as the ongoing drought continues to devastate the national herd, leaving livestock struggling to ...Published: 31 Jul 2024 at 10:53hrs | 519 | by Staff reporter
Finance Ministry blacklists 51 govt suppliers
The Treasury has blacklisted 51 government contractors for engaging in black market activities after receiving payments in local currency. Treasury boss Mthuli Ncube state...Published: 25 Jul 2024 at 12:48hrs | 863 | by Staff reporter
Mnangagwa's second republic of corruption and controversy
PRESIDENT Emmerson Mnangagwa's second republic, which he proclaimed when he came into office in November 2017 following a coup that ended long-time ruler Robert Mugabe's nearly four-decade rule, has b...Published: 21 Jul 2024 at 20:59hrs | 942 | by Gary Gerald Mtombeni
'Blacklisting contracted firms that fail to deliver'
Legislators have implored government to identify and blacklist companies that fail to deliver goods and services to government departments despite having won tenders and further accepted upfront payme...Published: 21 Jul 2024 at 13:33hrs | 411 | by Staff reporter
Harare faces water treatment chemicals shortage
Harare is at risk of a water crisis due to a shortage of treatment chemicals, stemming from unresolved payments to suppliers. The city council owes Chemplex Corporation approximately US$3 million for ...Published: 20 Jul 2024 at 11:56hrs | 32 | by Staff reporter
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6712 | by Staff reporter
Car dealers evade MPs over undelivered Zimbabwe govt vehicles
Parliament's public accounts committee has announced that car dealers who failed to deliver vehicles to government departments, despite receiving taxpayer funds, will be summoned to face MPs after mak...Published: 16 Jul 2024 at 13:08hrs | 568 | by Staff reporter
AG report exposes massive looting in Zimbabwe
Government may have lost millions of US dollars in the procurement of vehicles for various ministries, including the police, that were never delivered. Acting auditor general Rea Kujinga's rep...Published: 15 Jul 2024 at 16:36hrs | 294 | by Staff reporter
Zimbabwe power imports partly offset cuts
Zimbabwe can import up to 200MW from South Africa and two Mozambican suppliers to address its electricity shortfall caused by low water levels at Lake Kariba and reduced Zambezi River flows due to dro...Published: 15 Jul 2024 at 08:04hrs | 67 | by Staff reporter
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 57 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 119 | 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
Pharmacist in US$260 000 fraud
Douglas Nzombe Chiutsi, a pharmacist based in Mutare, Zimbabwe, is facing serious allegations of embezzlement totaling US$258,708 from his employer, Healthwell pharmacy trading as Clique Pharmacy. Rep...Published: 30 Jun 2024 at 18:25hrs | 25 | by Staff reporter
FIU targets informal sector ZiG manipulators
The Financial Intelligence Unit (FIU), part of the Reserve Bank of Zimbabwe (RBZ), is intensifying efforts against the informal sector to combat currency manipulation aimed at undermining the Zimbabwe...Published: 26 Jun 2024 at 07:14hrs | | by Staff reporter
'To hell with misleading social media reports': ZEC
The Zimbabwe Electoral Commission has this Friday describe as fake and misleading social media reports that it corruptly awarded tender to some individuals using inflated figures while confirming ever...Published: 22 Jun 2024 at 21:44hrs | 12 | by Gideon Madzikatidze
ZEC clears air on Chivayo rumours
The Zimbabwe Electoral Commission (ZEC) has refuted social media claims that it procured election materials from businessmen Wicknell Chivhayo, Mike Chimombe, and Moses Mpofu at inflated prices. ...Published: 22 Jun 2024 at 11:20hrs | 1 | by Staff reporter
Zesa seeks to settle loans in ZiG
Zesa Holdings is implementing cost-containment measures to drive revenue and pay off its significant loans. With successful expansion projects at Kariba Hydro Power Station and Hwange's units 7 and 8,...Published: 13 Jun 2024 at 06:51hrs | 1 | by Staff reporter
'Western war hawks want Ukraine's resources'
Western countries want Kiev to achieve victory in the conflict with Russia, because it would give them the opportunity to "acquire and divide" Ukraine's wealth, Hungarian Prime Minister Viktor Orban h...Published: 10 Jun 2024 at 09:04hrs | 1 | by Staff reporter
RBZ freezes 522 accounts for violating exchange control regulations
The Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has frozen 522 bank accounts and fined 140 entities and individuals for violating exchange control regulations, as part of efforts to d...Published: 09 Jun 2024 at 09:08hrs | 4 | by Staff reporter
Warm reception for Zimbabwean blueberries in South Africa
The Zimbabwean blueberry export season commenced in mid-April, with the first products being shipped to South Africa where blueberry prices remain favourable. "The market has to be good to mak...Published: 28 May 2024 at 10:18hrs | | 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
Parly buy cars from Zanu-PF-linked dealers
Three car dealers associated with Zanu-PF are poised to benefit significantly as the government selects them to provide vehicles for Members of Parliament (MPs), according to sources from NewsDay....Published: 23 May 2024 at 10:51hrs | 30 | by Staff reporter
Zimbabwe sends high level delagation to Brazil to address food insecurity
Zimbabwe has dispatched a prominent business delegation to Sao Paulo, Brazil, in a proactive move to strengthen trade partnerships and address food insecurity concerns. This strategic mission, organiz...Published: 17 May 2024 at 14:22hrs | 15 | by Mandla Ndlovu
'Increase in sugar prices unwarranted'
THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recen...Published: 12 Apr 2024 at 09:49hrs | | by Staff reporter
Mthuli Ncube summoned over ZiG
FINANCE minister Mthuli Ncube has been summoned to Parliament to explain how the Zimbabwe Gold (ZiG) currency introduced on Friday will work.Legislators also want Ncube to amend the Finance Ac...Published: 11 Apr 2024 at 08:45hrs | 1 | by Staff reporter
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