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Zimbabwe telcos in another staggered price review
ZIMBABWE'S main telecommunication companies are set for another price adjustment on April 1, 2023, as operator battle to offset rising operational costs.The telecoms industry will review tarif...Published: 21 Mar 2023 at 20:24hrs | 734 | by Staff reporter
SMALL scale miners seeks audience with President on export ban
SMALL scale miners, bit hard by the new base metals export blanket ban announced recently, are seeking a six-month moratorium to fulfill existing supply a...Published: 19 Mar 2023 at 20:16hrs | 359 | by Paul Ndou
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 176 | by Staff reporter
The curse of being a security guard in Zimbabwe
Being a security guard in Zimbabwe is a curse, the job is too demanding, with some of the most hostile working conditions one can ever think of. Working a 12-hour shift, 4 days a week in a retail shop...Published: 14 Mar 2023 at 16:47hrs | 695 | by Cremio Mabauwa
The mountain is high
Back in 1926, America witnessed the clash of two African-African American giants — then they were called Negroes — over the notion of Negro Art.Was Negro Art a separate creative tradition ...Published: 11 Mar 2023 at 06:35hrs | 245 | by @Jamwanda2
Zimbabwe councils not disclosing all revenue streams
GOVERNMENT has unearthed a lot of irregularities in the running of local authorities, amid revelations that councils are not disclosing all of their revenue streams while their operations fail to comp...Published: 08 Mar 2023 at 05:30hrs | 175 | by Staff reporter
'Zimbabweans in the diaspora must be allowed to vote'
ZAPU has argued that the diaspora vote is a necessary political right because it is another way of appreciating Zimbabweans living abroad who send remittances back to the country.Ndodana Moyo,...Published: 07 Mar 2023 at 19:23hrs | 324 | by Staff reporter
How Zimbabwe's fuel price now compares to other African countries
Zimbabwe's fuel price is painfully high and unlikely to drop significantly anytime soon.The average price of gasoline around the world is 1.30 U.S. dollars per litre. However, there is a subst...Published: 28 Feb 2023 at 09:36hrs | 2628 | by Staff reporter
Edgars branch forced to relocation by vendors
GIANT retail clothing company, Edgars Stores Limited, has closed one of its prominent branches in Bulawayo citing the need to secure an alternative location that suits its brand expectation amid press...Published: 28 Feb 2023 at 07:38hrs | 3384 | by Staff reporter
Zimra happy with block tax system
THE Zimbabwe Revenue Authority (Zimra) says it is satisfied with the preliminary results of the Block Management System (BMS) that classifies all taxpayers into specific geographical locations or zone...Published: 28 Feb 2023 at 07:36hrs | 127 | by Staff reporter
Open Letter: Mine loses millions worthy of diamonds as workers engage in illicit diamond panning
Dear, Some "lucky" Murowa Diamonds Mine workers have become rich overnight after a well-orchestrated and carefully executed diamond stealing process went on undetected for months leaving some ...Published: 26 Feb 2023 at 11:04hrs | 1992 | by Concerned Murowa Resident
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | 386 | by Staff reporter
11 Zimbabwean men, 10-car cigarette smuggling convoy intercepted in SA
South African police have intensified their crackdown on the smuggling of cigarettes from Zimbabwe via Beitbridge and illegal crossing points along the Limpopo River, seizing five vehicles and cigaret...Published: 12 Feb 2023 at 07:22hrs | 142 | by Staff reporter
Zimbabwe records US$328mln in FDI
ZIMBABWE recorded USS327,9 million in foreign direct investment last year, an increase from USS237,5 million recorded in 2021. Despite the strong growth, analysts say the investment inflows re...Published: 12 Feb 2023 at 07:20hrs | 96 | by Staff reporter
Namibian Government bans driving of second-hand in transit vehicles
THE Namibian Government has banned driving of second-hand in transit vehicles through that country and such vehicles will now only be transported on a car carrier trailer.The ban comes into ef...Published: 09 Feb 2023 at 20:52hrs | 960 | by Staff reporter
Lukashenko joins Zimbabwe lithium rush
BELARUSIAN President Alexander Lukashenko this week travelled 7 982 kilometres, the distance by air from his capital Minsk to Harare, in his first sub-Saharan visit to meet President Emmerson Mnangagw...Published: 04 Feb 2023 at 20:17hrs | 1380 | by Staff reporter
Mnangagwa associate biggest winner in Zimbabwe-Belarus deals
ZIMBABWE'S honorary consul to Belarus Alexander Zingman, a close associate to President Emmerson Mnangagwa and his counterpart Alexander Lukashenko, was the biggest winner in trade agreements signed t...Published: 04 Feb 2023 at 20:13hrs | 1161 | by Staff reporter
Zimra records forex revenue upsurge
ZIMBABWE'S tax agency says United States dollar income and corporate taxes recorded strong growth during the quarter ending 31 December 2022 compared to prior comparative period as companies paid sala...Published: 04 Feb 2023 at 20:11hrs | 216 | by Staff reporter
President Alexander Lukashenko warns Mnangagwa
VISITING Belarus President Alexander Lukashenko told his ally President Emmerson Mnangagwa to work extremely hard to win this year's elections which he said will not be a stroll in the park for the Za...Published: 01 Feb 2023 at 07:47hrs | 1164 | by Staff reporter
Woman kidnapped, drugged and robbed by Honda Fit crew
A 36-YEAR-OLD woman from Emganwini suburb was kidnapped, drugged and later dumped in a bush on Sunday after boarding a silver Honda fit bound for the city centre.She got onto the vehicle at ar...Published: 01 Feb 2023 at 07:41hrs | 328 | by Staff reporter
Reflecting on the export ban for raw lithium
Through Statutory Instrument 213 of 2022 (Referend to as Base Minerals Export Control for unbeneficiated Lithium Bearing Ores), Zimbabwe banned the export of raw lithium from the country. The regulati...Published: 31 Jan 2023 at 09:12hrs | 1434 | by Victor Bhoroma
ZERA Raises Fuel Prices
Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices in its latest review, which is effective January 26, 2023.In a statement seen by Bulawayo24.com, the regulator said petrol wo...Published: 27 Jan 2023 at 10:36hrs | 1882 | by Tarisai Mudahondo
RBZ takes charge of in-kind mining royalties
THE Reserve Bank of Zimbabwe (RBZ) will assume responsibility for collecting, holding, and managing reserve assets from the 50 percent in-kind mining royalties in line with the latest regulations whil...Published: 26 Jan 2023 at 07:32hrs | 89 | by Staff reporter
Next, university graduates will be 'hailing' Mnangagwa for capping them!
It is now a well-established fact that the state-controlled broadcaster, ZBC - as well as the rest of the state media in Zimbabwe - is an embarrassment not only to the journalism profession, but also ...Published: 17 Jan 2023 at 19:15hrs | 972 | by Tendai Ruben Mbofana
Zimbabwe looks to public to provide solar power amid energy crisis
BULAWAYO: As lingering droughts hit southern Africa's hydropower dams, Zimbabwe faces growing electricity shortages – but connecting individuals and businesses that have installed private solar pane...Published: 13 Jan 2023 at 05:51hrs | 682 | by Staff reporter
Business community slams BCC forex conversions
THE Zimbabwe National Chamber of Commerce and the Confederation of Zimbabwe Industries have accused the Bulawayo City Council of using a wrong formula to convert the 2022 and this year's tariffs to Un...Published: 13 Jan 2023 at 05:47hrs | 338 | by Staff reporter
Zanu PF Councillor demands payment for presidential inputs
Villagers in Ward 16, Buhera Central Constituency, are up in arms with their Zanu Pf councillor Thomas Matsenhura who is allegedly demanding payment upfront for one to get Presidential inputs and soci...Published: 08 Jan 2023 at 17:16hrs | 754 | by Zebedi Mapuranga/ Simbarashe Sithole
There is plenty of water in Redcliff, but it does not get to the taps in homes
Redcliff municipality has been reeling from acute water supply shortage, a situation that has been going on since the fall of Zimbabwe Iron and Steel Company (ZISCO) around 2010.The water cris...Published: 18 Dec 2022 at 11:23hrs | 517 | by Taruberekera Masara
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 | 837 | by Victor Bhoroma
Causes of food inflation in Zimbabwe
The World Bank recently released a report of the countries hardest hit by food inflation in the world. Zimbabwe tops that list with food inflation of 353% in the month of August 2022, beating Lebanon ...Published: 16 Dec 2022 at 00:11hrs | 1337 | by Victor Bhoroma
Government policy destroying the formal economy
Policy missteps and inconsistency has turned the Zimbabwean economy on its head against the formal sector, posing a threat to business continuity, domestic resource mobilization and formal employment....Published: 16 Dec 2022 at 00:06hrs | 861 | by Victor Bhoroma
Tough foreign exchange regime suffocating economy
Zimbabwe's broad money supply has grown from just under ZW$364,60 billion as of September 2021 to more than ZW$1,920 trillion as of September 2022. This represents growth of over 426% over a period of...Published: 16 Dec 2022 at 00:02hrs | 420 | by Victor Bhoroma
Zimbabwe business mulls night-shift, weekend operations
INDUSTRY representative bodies are considering adopting night and weekend shifts as a short-term strategy to mitigate the adverse impact of crippling power cuts while ensuring steady production....Published: 14 Dec 2022 at 06:31hrs | 280 | by Staff reporter
Zimbabwe MPs push for wealth tax
LEGISLATORS have urged Finance minister Mthuli Ncube to introduce a wealth tax to increase the country's revenue base and bolster social safety nets.Contributing to debate on the Finance Bill ...Published: 08 Dec 2022 at 05:08hrs | 521 | by Staff reporter
Mnangagwa accused of taking Zimbabwe back to medieval era
PRESIDENT Emmerson Mnangagwa's Statutory Instrument (SI) 189 of 2022, announced on November 4 to legalise payment of miners' royalties partly in kind has been described as not just being illegal but a...Published: 06 Dec 2022 at 05:11hrs | 3386 | by Staff reporter
Reserve Bank of Zimbabwe bullish on inflation
THE Reserve Bank of Zimbabwe (RBZ) yesterday remained bullish that month-on-month inflation will remain stable below 3% throughout next year, despite indications last week that the country will use de...Published: 06 Dec 2022 at 05:03hrs | 203 | by Staff reporter
Debt financing to fund 2023 budget
Finance minister Mthuli Ncube says debt financing will be used to fund the $4,5 trillion 2023 national budget, raising concerns about money supply growth.Treasury expects $3,9 trillion in reve...Published: 04 Dec 2022 at 08:11hrs | 83 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | 1544 | by Respect Gwenzi
Zesa tariff hike looms for miners
ZESA Holdings is set to review tariffs for major consumers such as miners to improve generation and boost its capacity to import electricity to meet local demand.In his 2023 national budget st...Published: 02 Dec 2022 at 05:01hrs | 326 | by Staff reporter
Bankers call for more taxes
BANKERS have urged Finance minister Mthuli Ncube to introduce sin-taxes to help grow the country's revenue base.In his presentation at a Parliament post-budget seminar on Monday, Bankers Assoc...Published: 01 Dec 2022 at 04:59hrs | 408 | by Staff reporter
Zimbabwe foreign debt now US$14.4bn
DEBT-RIDDEN Zimbabwe's total official Public and Publicly Guaranteed (PPG) debt is estimated at ZW$2.2 trillion for domestic debt and US$14 billion for external debt (including blocked funds of US$3.1...Published: 27 Nov 2022 at 14:58hrs | 270 | by Staff reporter
Mthuli Ncube raises VAT, restores duty on basics
Finance minister Mthuli Ncube unveiled his 2023 budget on Thursday, raising value added tax (VAT) in a move the main opposition Citizens Coalition for Change (CCC) described as "an attack on working p...Published: 25 Nov 2022 at 05:21hrs | 10515 | by Staff reporter
Mthuli Ncube pampers security sector
THE security sector, which includes the Office of the President and Cabinet (OPC), Defence and War Veterans Affairs and the Home Affairs ministries were some of the departments that got the largest ch...Published: 25 Nov 2022 at 05:15hrs | 946 | by Staff reporter
Zimbabwe miners in urgent plea for forex
THE Chamber of Mines of Zimbabwe says it is engaging authorities to come up with mechanisms that can accommodate the foreign currency requirements for the sector as shortages are weighing down the sec...Published: 24 Nov 2022 at 04:59hrs | 540 | by Staff reporter
Bogus 'police officer' robs woman of US$98K in a Ponzi scheme
A-RUWA man who impersonated a police officer and robbed her of US$98 000 in a botched Ponzi scheme was today arraigned before Harare magistrate Dennis Mangosi to answer to the charges.The susp...Published: 24 Nov 2022 at 04:58hrs | 660 | by Staff reporter
Mnangagwa's personalization of government programs divisive and counter-productive
So, now there is a 'Miners for ED' group!Another, in a long line of shady organizations that have mushroomed over the recent past – a...Published: 20 Nov 2022 at 16:06hrs | 1528 | by Tendai Ruben Mbofana
Harare City Council demolishes houses in Tafara
HARARE City Council (HCC) yesterday demolished several "illegal" houses in New Tafara.Acting town clerk Phakamile Mabhena Moyo said the affected families had illegally settled themselves on a ...Published: 04 Nov 2022 at 05:29hrs | 770 | by Staff reporter
Will he really 'face down' China?
The UK has a new prime minister… Today's world news is evidently dominated by a variety of interesting and illuminating stories, expectations, theories, debates and analyses about Mr. ...Published: 29 Oct 2022 at 11:25hrs | 817 | by Ndaba Sibanda
'Reduce duty on electric cars'
GOVERNMENT has been implored to consider reducing import duty on electric cars to reduce the country's fuel import bill.Presenting the 2023 pre-budget priorities for the energy sector on Monda...Published: 26 Oct 2022 at 05:58hrs | 326 | by Staff reporter
Zimbabwe govt lacks spine
THE Zanu-PF government is at long last trying to get back to the basics on its initial promises at Independence in 1980, reintroducing a minimum wage.However, questions will continue to linger...Published: 22 Oct 2022 at 05:41hrs | 150 | by Paidamoyo Muzulu
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