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ZNCC urges RBZ to cut policy rate to 20%
The Zimbabwe National Chamber of Commerce (ZNCC) has urged the Reserve Bank of Zimbabwe (RBZ) to lower its bank policy rate from the current 35% to 20% in an effort to ease growing credit constraints ...Published: 08 Jul 2025 at 12:12hrs | 213 | by Staff reporter
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 01 Jul 2025 at 08:16hrs | 493 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 90 | by Staff reporter
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4139 | by Staff reporter
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 | 653 | by Tonderai Ndoro
EcoCash Holdings to rebrand
EcoCash Holdings Limited has announced plans to rebrand following a corporate restructuring that has left Steward Bank as its only remaining unit. This follows the takeover of the company by businessm...Published: 21 Feb 2025 at 11:12hrs | 661 | by Staff reporter
Changes at Steward Bank as Nyambirai makes a comeback
EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai's recent acquisition of a controlling stake in the company.The development comes after a major restr...Published: 15 Feb 2025 at 07:59hrs | 1735 | by Staff reporter
Zimbabweans outraged after RBZ devalues ZiG
A storm of outrage has swept across Zimbabwe following the Reserve Bank of Zimbabwe's (RBZ) shocking decision to devalue the Zimbabwe Gold (ZiG) currency by 75%. The drastic measure has ignited a wave...Published: 28 Sep 2024 at 13:27hrs | 6784 | by Staff reporter
Beatrice Mtetwa issues summons for former clerk
HUMAN rights lawyer Beatrice Mtetwa and Tawanda Nyambirai's law firm has issued summons to former clerk, Tendayi Satarawu Murambiza who admitted to embezzling US$128 000 from the law firm.Mura...Published: 27 Sep 2022 at 05:56hrs | 3 | by Staff reporter
Mzi Khumalo urged to dispose of Zimbabwe mines
SOUTH African mining magnate Mzi Khumalo is under pressure to dispose of Redwing Mine in Penhalonga, Manica- land province and Mazowe Gold Mine in Mashonaland Central as the mines have become hotbeds ...Published: 29 Jul 2022 at 19:06hrs | 9 | by Staff reporter
Mtetwa ordered to stop disposing of controversial US$57k cash
MTETWA and Nyambirai Legal Practitioners have been ordered by the High Court to stop disbursing US$57 000 cash that was found in one of their strong rooms during an investigations into a trust funds t...Published: 13 May 2022 at 19:14hrs | 1 | by Staff reporter
Beatrice Mtetwa's law firm in wrangle over US$57 000 stash
MTETWA and Nyambirai Legal Practitioners have been ordered to stop disbursing US$57 000 cash that was found in one of their strongrooms during investigations into theft of over US$32 million in trust ...Published: 13 May 2022 at 19:07hrs | 3 | by Staff reporter
Chiyangwa defiant despite court defeat
THE leader of an Apostolic Faith Mission (AFM) faction, Cossam Chiyangwa who lost to church rival Amon Madawo in a protracted power wrangle within the religious institution 2019, has again lost his Su...Published: 29 May 2021 at 08:24hrs | 1 | by Staff reporter
Police warn felons, rotten cops
ANGRY authorities vowed yesterday that they would hammer perpetrators of violent crime in the country, while also dealing ruthlessly with rogue police officers caught participating in criminal activit...Published: 21 Feb 2021 at 13:12hrs | 2 | by Staff reporter
Court throws away RTGS$ challenge
THE High Court has dismissed with costs an application filed by Harare businessman and University of Zimbabwe lecturer, Shakespear Hamauswa, challenging the legality of the Real Time Gross Settlement ...Published: 23 Aug 2019 at 07:45hrs | 3 | by Staff reporter
Masiyiwa 'former' lawyer's multi-currency regime challenge ruled not urgent
High Court judge Justice Joseph Musakwa has ruled as not urgent an application by businessman and lawyer, Tawanda Nyambirai who was seeking an order to interdict Finance minister Mthuli Ncube and Rese...Published: 11 Jul 2019 at 07:25hrs | 3 | by Staff reporter
Mthuli Ncube taunts 'misguided' lawyers challenging SI 142
FINANCE minister Mthuli Ncube has described litigations against the reintroduction of the Zimbabwean dollar and ban on the use of foreign currencies as "misguided".Currently, there are three c...Published: 09 Jul 2019 at 17:58hrs | 2 | by Staff reporter
Fresh Zimdollar headache for govt
The government's decision to reintroduce the local currency faces a serious test after a third person filed a High Court application challenging President Emmerson Mnangagwa's use of presidential powe...Published: 07 Jul 2019 at 21:34hrs | 1 | by Staff reporter
Strive Masiyiwa's 'former' lawyer sues Mthuli Ncube over currency reforms
Tawanda Nyambirai, who is on record as having been a lawyer to leading businessman Strive Masiyiwa in his bid to license Econet Wireless Zimbabwe, has sued the Minister of Finance and Economic Deleopm...Published: 06 Jul 2019 at 20:43hrs | 2 | by Staff reporter
Zimbabwe team debate shines at Oxford University - United Kingdom
It is always a great pleasure to witness great things coming out of Zimbabwe. It is the spirit of resilience that must always be celebrated. I was pleasantly&...Published: 09 Mar 2019 at 09:50hrs | 5 | by J. Fletcher
Jonathan Noyo exposes Madhuku, Madhuku exposes Jonathan Moyo
SELF-EXILED former Cabinet Minister Professor Jonathan Moyo, who turns 62 yesterday, may have had a birthday he would want to quickly forget after Professor Lovemore Madhuku exposed him for stretching...Published: 13 Jan 2019 at 07:44hrs | 2 | by Staff reporter
'Go to hell Strive Masiyiwa' Jonathan Moyo says as he spills more beans
...Published: 10 Jan 2019 at 18:45hrs | 2 | by Mandla Ndlovu
Jonathan Moyo slapped with lawsuit
Econet Founder Strive Masiyiwa has reportedly slapped Professor Jonathan Moyo with a lawsuit and has instructed his lawyers in Kenya to serve him.This was revealed by Exiled business man Mutum...Published: 09 Jan 2019 at 14:35hrs | 4 | by Mandla Ndlovu
Miner, Tawanda Nyambirai smoke peace pipe
A GOROMONZI miner, Phillip Makanya, who had petitioned the High Court seeking a contempt of court order against businessman-cum-lawyer Tawanda Nyambirai in December last year, has withdrawn the litiga...Published: 09 Jan 2019 at 11:28hrs | 1 | by Staff rpeorter
Strive Masiyiwa stole Econet share, his lawyer responds
Prominent businessman and formerly Strive Masiyiwa's lawyer Tawanda Nyambirai has issued a lengthy and heated response to the allegations that the Zimbabwean dollar billionaire should not have ended u...Published: 08 Jan 2019 at 23:11hrs | 3 | by Staff reporter
WATCH: Strive Masiyiwa's ally clash with journalists
Steward Bank's founder Twanda Nyambirai had a row with journalists. He had accused the journalists of stealing information. The journalists had questioned Nyambirai about accusations...Published: 07 Jan 2019 at 07:58hrs | | by Mandla Ndlovu
Miner lays contempt of court charge against Nyambirai - clarification
Last week we published an article regarding a Goromonzi miner Phillip Makanya who had allegedly petitioned the High Court to charge businessman Tawanda Nyambirai with contempt of court for ignori...Published: 19 Dec 2018 at 06:40hrs | 3 | by Staff reporter
Zimbabwean economy reflects state of governance
IN 2015, I argued that the economy was Zanu-PF's most virulent opposition.The 2016 introduction of bond notes pegged to the US dollar saw the emergence of a parallel market for foreign exchang...Published: 12 Oct 2018 at 13:47hrs | 1 | by Brian Kagoro
AFM church saga reaches tense stage
The ongoing fight in the Apostolic Faith Mission (AFM) church in Zimbabwe has reached a tense stage with the church's president, Reverend Aspher Madziyire on Wednesday suspending vice-president Revere...Published: 30 Sep 2018 at 07:26hrs | 2 | by Staff Reporter
Govt pledges support for largest gold miner
GOVERNMENT has made a commitment to provide the necessary facilitation to Zimbabwe's largest gold producer, Metallon Corporation, whose operations are being hampered by foreign currency shortages. ...Published: 13 Sep 2018 at 06:23hrs | 2 | by Staff reporter
Hospital workers win $480K terminal benefits standoff
THE Supreme Court has dismissed an appeal by private Harare hospital, Streamsleigh Investments (Pvt) Ltd trading as African Medical Investment (AMI) Hospital, and ordered the institution to fork out o...Published: 10 Sep 2018 at 06:58hrs | 12 | by Staff reporter
Nyambirai's security guards shoot 4 miners in gold spat
SECURITY guards at businessman Tawanda Nyambirai's Arcturus Mine in Goromonzi reportedly shot and injured four artisanal miners on Sunday as the gold dispute at the mine rages on.The security ...Published: 04 Sep 2018 at 06:41hrs | 1 | by Staff reporter
MDC Alliance 'bullet train' political campaign
The MDC Alliance's "bullet train" political campaign has clearly been quick off the mark (no pun intended).Perhaps too quick off the mark to the extent that they had raked up in excess of 40 r...Published: 10 Jun 2018 at 09:21hrs | 2 | by Staff writer
South African Reverend moves to end AFM rift
APOSTOLIC Faith Mission in Zimbabwe president Dr Aspher Madziyire has been temporarily saved from elections to choose his successor after the church's international leader, Professor Frank Chikane, in...Published: 25 Mar 2018 at 08:45hrs | 2 | by Staff reporter
AFM on the verge of a major split
APOSTOLIC Faith Mission of Zimbabwe is on the verge of a split as the fight to control the mega church escalates to unprecedented levels where top officials are pushing counter-plots to ouster each ot...Published: 18 Mar 2018 at 07:38hrs | 2 | by Staff Reporter
Chaos devour AFM
POLITICKING has reached fever pitch in Apostolic Faith Mission in Zimbabwe ahead of elections for the church's leadership.Sources said the church's president, Dr Aspher Madziyire and his deput...Published: 28 Jan 2018 at 08:15hrs | 1 | by Staff reporter
Mr President I propose an economic advisory council of Zimbabwe
One thing you should take note of is that the economy is different from politics. Politics is politics, but when it comes to the issue of economic recovery, this is a technical area which needs techni...Published: 11 Jan 2018 at 11:04hrs | 1 | by Tinashe Eric Muzamhindo
Nyambirai plots comeback
Businessman Tawanda Nyambirai, who recently acquired one of Zimbabwe's oldest gold mines, Acturus Mine, is planning to revive his empire which spans fast food retailing, livestock banking and furnitur...Published: 11 Jan 2018 at 05:58hrs | 1 | by Staff reporter
Mr President here are the key drivers of the economy
You don't have to wait for appointment for you to bring development to your country. Whatever you have on your hands it is good to share so that our country will be in a better position to develop. Fo...Published: 03 Jan 2018 at 16:45hrs | 1 | by Tinashe Eric Muzamhindo
Econet wins Kwese TV court case
A Harare businessman and lawyer Tawanda Nyambirai has said Econet Wireless on Friday won High Court appeal against government's decision to bar Kwese TV from setting up in Zimbabwe....Published: 08 Sep 2017 at 16:50hrs | | by Staff Reporter
Kwese row spills into High Court
GOVERNMENT is using underhand means to force exiled telecommunications magnate Strive Masiyiwa's Econet Media-owned Kwese TV into a partnership with either Zimbabwe Newspapers (Zimpapers) or Zimbabwe ...Published: 31 Aug 2017 at 07:32hrs | 2 | by Staff reporter
Strive Masiyiwa takes Mugabe head-on
TELECOMMUNICATIONS magnate, Strive Masiyiwa is girding for a bruising legal battle with President Robert Mugabe's administration after a decision by the authorities to cancel Econet's television broa...Published: 30 Aug 2017 at 08:27hrs | | by Staff reporter
Governance of our own resources
Governance relates to consistent management in our own resources. It also relates to cohesive policies, processes and decision making. Rights for a given area of responsibility. Proper oversight and a...Published: 25 Jul 2017 at 10:21hrs | | by Tinashe Eric Muzamhindo
Zimbabwe banks fret over livestock
Zimbabwean banks are negotiating with the Finance ministry over a Bill that proposes the use of livestock as collateral for loans.The Movable Property Security Interests Bill would provide a f...Published: 30 Apr 2017 at 14:09hrs | | by Staff reporter
Banks panic over livestock security, engage Finance ministry
Local banks are running scared over a Bill that proposes the use of livestock as collateral for loans.They have opened negotiations with the Finance ministry.The Movable Pr...Published: 30 Apr 2017 at 05:15hrs | | by Staff Reporter
Taking a break to study disciplinary cases, Cdes
Dear Cabinet and Politburo membersCOMRADES, unhappily, I am unable to address you this week. It has nothing to do with the inclement weather that our evil detractors most likely unleashed on u...Published: 27 Apr 2017 at 18:45hrs | 1 | by CZ
Zimbabwe should embrace entrepreneurship development for major survival and economic growth
We have no option for economic turnaround as Zimbabweans except to go for entrepreneurship skills and ideas. We need to be moderate and level headed interms of the way we embrace and approach economic...Published: 14 Mar 2017 at 14:51hrs | | by Tinashe Eric Muzamhindo
Econet, Zimra wrangle: NetOne sucked in
Mobile operator NetOne has filed a Supreme Court appeal challenging a decision by a High Court judge compelling it to bring evidence on their tax clearance record to the Zimbabwe Revenue Authority...Published: 07 Feb 2017 at 15:43hrs | | by Staff reporter
Grace Mugabe in US$1.4 million diamond ring row
FIRST Lady Grace Mugabe has been dragged to court after allegedly invading three upmarket houses in Harare belonging to a businessman in a dispute over the purchase of a US$1,4 million diamond ring, t...Published: 09 Dec 2016 at 06:20hrs | 1 | by Staff reporter
Zimbabweans rush to withdraw money from banks
Panicky depositors rushed to withdraw their money yesterday after government's promulgation of Statutory Instrument (SI) 133 of 2016 to legalise the introduction of bond notes, with legal experts ...Published: 02 Nov 2016 at 09:25hrs | | by Staff reporter
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