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Zimbabwe chiefs to receive bonuses raising controversy
In a move that is likely to spark debate, Zimbabwe's traditional chiefs are set to receive bonuses just two months after they were gifted twin-cab vehicles worth millions of dollars. The decision come...Published: 20 Nov 2024 at 06:58hrs | 344 | by Staff reporter
Zimbabwe finance ministry bans foreign trips
The Zimbabwean government is tightening its belt in response to a severe cash crunch as it approaches the end of 2024. Finance Secretary George Guvamatanga has announced measures aimed at curbing spen...Published: 18 Nov 2024 at 15:24hrs | 5481 | by Staff reporter
Fake vehicle licence, insurance scam exposed
The government is facing significant revenue losses due to the growing circulation of counterfeit vehicle and insurance licenses sold by unregulated dealers. These fraudulent licenses are duping vehic...Published: 01 Nov 2024 at 06:29hrs | 421 | by Staff reporter
Zimbabwe scales up fight against fraudulent vehicle imports
The Zimbabwe Revenue Authority (ZIMRA) has enlisted the help of the police in a new operation to track down fraudulently imported vehicles in the capital. The exercise, which runs from October to Dece...Published: 24 Oct 2024 at 16:27hrs | 4185 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
BAZ, central bank meet over policy interventions
The Bankers Association of Zimbabwe (BAZ) held a crucial meeting with the Reserve Bank of Zimbabwe (RBZ) governor, Dr. John Mushayavanhu, on Monday to address key policy changes from the Monetary Poli...Published: 03 Oct 2024 at 08:44hrs | 54 | by Staff reporter
Scottland's match referee beaten up
Scottland's title-chasing ambitions in the Northern Region Soccer League (NRSL) have been put on hold after a match against Karoi United was abruptly halted due to a violent incident involving the ref...Published: 16 Sep 2024 at 16:07hrs | 861 | by Staff reporter
US thumbs up for Zimbabwe investment
U.S. Ambassador to Zimbabwe, Pamela Tremont, has stated that Washington is actively lobbying American firms to explore investment opportunities in Zimbabwe, a country she describes as having significa...Published: 15 Aug 2024 at 14:52hrs | 870 | by Staff reporter
Zimhbabwe tightens carbon credit trade laws
GOVERNMENT is in the process of tightening laws controlling carbon credit trade, Environment, Climate and Wildlife minister Sithembiso Nyoni has said.Speaking during Parliamentary public heari...Published: 09 Aug 2024 at 07:53hrs | 216 | by Staff reporter
Zimbabwe's errant NGOs ordered to comply
At least 240 Private Voluntary Organisations (PVOs) in Zimbabwe have been instructed to submit their audited financial statements, annual activity reports, and other required documents by the end of A...Published: 12 Jul 2024 at 08:12hrs | 29 | by Staff reporter
Zimbabweans cross Zambia border for cheaper healthcare, medicines
At 5pm at the Victoria Falls border post, Margaret Tshuma - who has a 24-hour day pass to be in Zambia - is in a rush to return home to Zimbabwe before dusk.This is not the first time Tshuma, ...Published: 12 Jul 2024 at 07:26hrs | 32 | by Staff reporter
Zimbabwe sees attempts to instigate 'anarchy and despondency'
Zimbabwe's Information Minister Jenfan Muswere claims that there are attempts by the opposition to "instigate anarchy and despondency" and warns those involved in "subversive activities" that "their d...Published: 28 Jun 2024 at 14:01hrs | 121 | by Staff reporter
Mnangagwa fears Sadc Summit disruptions
Zimbabwean President Emmerson Mnangagwa has vowed to suppress dissent and opposition activities ahead of the upcoming Southern African Development Community (Sadc) summit in August. This crack...Published: 28 Jun 2024 at 09:23hrs | 14 | by Staff reporter
Zimbabwe's PVO Bill public hearing abandoned
A public hearing on the controversial Private Voluntary Organisations (PVO) Amendment Bill (H.B 2024) was abruptly halted in Harare after a female participant voiced strong opposition to the proposed ...Published: 18 May 2024 at 11:09hrs | 11 | by Staff reporter
'You see skeletons' - the deadly migrant Limpopo crossing
The men who raped Portie Murevesi did not care that she was visibly pregnant. They attacked her with glass bottles too, she told us, pointing to a large and jagged scar on her forearm.Now, her...Published: 07 Apr 2024 at 10:16hrs | | by Staff reporter
Legal woes mount for Italian Mafia Boss Francesco Marconati as CID and Home Affairs are roped in
In the sinister saga unfolding within Zimbabwe's gold mining industry, Francesco Marconati emerges as a dark specter, casting a menacing shadow over the operations of DGL Investments Number Five (Pvt)...Published: 28 Mar 2024 at 13:29hrs | 1 | by George Tshuma
UK explores new ways to punish Mnangagwa
The House of Lords recently hosted a comprehensive discussion on strategies to exert pressure on President Emmerson Mnangagwa's administration through restrictive measures, aiming to make the situatio...Published: 26 Mar 2024 at 06:38hrs | | by Staff reporter
Chiwenga tightens army grip amid succession manoeuvres
ZIMBABWEAN Vice-President Constantino Chiwenga - a politically ambitious retired commander of the defence forces - has formally tightened his grip on the military as new Air Force of Zimbabwe boss Air...Published: 21 Mar 2024 at 08:47hrs | 12 | by Staff reporter
Bulawayo's 120-hour water shedding to continue
BULAWAYO residents will continue receiving water for only two days per week, as water levels continue to dwindle at major supply dams due to drought, with the possibility of further tightening of the ...Published: 13 Mar 2024 at 05:07hrs | 1 | by Staff reporter
US calls for 'new-look' at Zimbabwe
The United States government says it stands ready for a "constructive relationship" with Zimbabwe adding the latest developments presented an opportunity for businesses to explore possible opportuniti...Published: 08 Mar 2024 at 07:52hrs | 1 | by Staff reporter
Global headwinds spell doom for Zimbabwe
TOP international economists predict that the global economy will decline this year, spelling trouble for Zimbabwe's foreign market-dependent economy.The Treasury expects Zimbabwe's economic g...Published: 20 Jan 2024 at 07:06hrs | | by Staff reporter
South African opposition turns away over 700 Zimbabweans attempting to cross Limpopo river
The Patriotic Alliance, a South African opposition party, has taken measures along the Limpopo River to counter the illegal immigration of Zimbabweans into the neighboring country.As the festi...Published: 05 Jan 2024 at 05:56hrs | 8 | by Staff reporter
World Bank hails Zimbabwe's tight Monetary Policy stance
THE World Bank (WB) has commended the Reserve Bank of Zimbabwe (RBZ) for putting in place a tight Monetary Policy alongside other interventions which have managed to ease inflationary pressures....Published: 14 Dec 2023 at 03:57hrs | | by Staff reporter
Mnangagwa ruined Zanu-PF business empire
THE predictable appointment of FBC Holdings chief executive John Mushayavanhu as the incoming Reserve Bank of Zimbabwe (RBZ) governor has completed President Emmerson Mnangagwa's critical post-electio...Published: 12 Dec 2023 at 18:00hrs | 5 | by Staff reporter
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 | | by Staff reporter
Mthuli Ncube's new tax regime to trigger price hikes
The recently proposed tax regime by Finance Minister Mthuli Ncube is anticipated to lead to significant price increases, with the Grain Millers Association of Zimbabwe (GMAZ) forecasting a potential U...Published: 07 Dec 2023 at 05:35hrs | 5 | by Staff reporter
Bulawayo City Council moots 5 days water shedding schedule?
THE Bulawayo City Council (BCC) is planning to introduce a new water-shedding schedule, which will see residents going for 120 hours without water with Government yesterday assuring residents that it ...Published: 07 Dec 2023 at 05:28hrs | 8 | by Staff reporter
Zimbabwe man jailed two years for smuggling cigarettes into SA
A 48-year-old Zimbabwean man has been sentenced to two years' imprisonment by the Polokwane Specialised Commercial Crimes Court for smuggling cigarettes worth R416 070 into South Africa.Max Ch...Published: 01 Dec 2023 at 18:24hrs | 8 | by Staff reporter
Vehicle scandal erupts in Zimbabwe govt
GOVERNMENT ministries have been caught in repeated vehicle scams amid revelations millions of dollars were spent on buying cars that were not delivered.The ministries include Home Affairs, Lan...Published: 31 Oct 2023 at 16:28hrs | | by Staff reporter
IMF implores Zimbabwe to pace up forex reforms
The International Monetary Fund (IMF) has recommended that Zimbabwe expedite its foreign exchange market reforms by introducing more flexibility into the official exchange rate through market-driven p...Published: 27 Oct 2023 at 06:16hrs | | by Staff reporter
Zimbabwe central bank must consider introducing a ZW$500 000 note
This week, a prominent price monitoring thinktank emphasized the need for the Reserve Bank of Zimbabwe (RBZ) to contemplate the introduction of a ZW$500,000 note as the Zimbabwean currency continues t...Published: 22 Oct 2023 at 14:06hrs | 1 | by Staff reporter
Zimra under attack over poor service
The Zimbabwe Revenue Authority (Zimra) is facing criticism from the industry for its poor service delivery, leading to customs clearance delays that result in daily losses for businesses.Durin...Published: 02 Oct 2023 at 06:25hrs | | by Staff reporter
Zimbabwe companies edgy ahead of next week's elections
Zimbabwean companies – among them the local unit of South Africa-listed Nampak – are holding their breath as business uncertainty pervades the southern African country ahead of elections next week...Published: 19 Aug 2023 at 16:29hrs | | by Staff reporter
Zimbabwe loses more than US$23b through IFFs
Zimbabwe lost more than US$23 billion through illicit financial flows (IFFs) between 1980 and 2018, a new report compiled by the African Development Bank (AfDB) shows.Other sources, however, s...Published: 06 Aug 2023 at 08:25hrs | 7 | by Staff reporter
AU accomplice in Zimbabwe corruption
THE sincerity of African leaders and institutions in fighting corruption has come under scrutiny following the appointment of controversial Zimbabwean self-styled prophet Uebert Angel as its Pan-Afric...Published: 25 Jul 2023 at 08:24hrs | 2 | by Staff reporter
Zimdollar shortage hits market
A serious shortage of Zimbabwe dollar has hit the market on fiscal and monetary policy measures amid fears the crunch will affect aggregate demand.The liquidity squeeze follows recent me...Published: 30 Jun 2023 at 16:08hrs | | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 10 | by Martin Majaji
Zimdollar on the verge of complete rejection
THE Zimbabwe dollar, which was reintroduced by the Reserve Bank of Zimbabwe (RBZ) in 2019, is on the verge of collapse and complete market rejection.The local unit is incessantly plummeting ag...Published: 16 Jun 2023 at 07:54hrs | 1 | by Zimbabwe Coalition on Debt and Development
Zimdollar rescue mission too late
THE surprise move by Zimbabwe's fiscal and monetary authorities to liberalise the foreign exchange policy after months of shillyshallying amid a fixed rate could be a case of closing the stable door a...Published: 12 Jun 2023 at 06:45hrs | 2 | by Staff reporter
Zimdollar nosedives
By close of business on Thursday, soldiers, police, health workers and other civil servants in Zimbabwe went home with the reality that their salaries could barely buy 30 loaves of bread.This ...Published: 09 Jun 2023 at 17:09hrs | | by Staff reporter
Supreme Court dismisses Markham's bid to access electronic voters roll
The Supreme Court has dismissed an appeal lodged through the apex court by Harare North lawmaker, Allan Markham who was seeking to overturn a High Court ruling denying him access to the electronic vot...Published: 09 Jun 2023 at 08:08hrs | | by Staff reporter
Zimbabwe has officially become a pariah state!
The Government of Zimbabwe has officially become a tyranny - fraught with all the legislative tools to be justifiably labelled a pariah state.By the country's Parliament passing the much-loath...Published: 04 Jun 2023 at 08:43hrs | 2 | by Tendai Ruben Mbofana
Zimbabwe has officially become a pariah state!
By the country's Parliament passing the much-loathed so-called ‘Patriotic Bill', Zimbabwe has effectively joined the unenviable international ‘Hall of Shame' - joining other nations, such as North...Published: 03 Jun 2023 at 19:09hrs | 1 | by Tendai Ruben Mbofana
Jonathan Moyo says economic saboteurs should not contest elections
Political commentator and Former Cabinet Minister, Professor Jonathan Moyo has said that economic saboteurs should not be allowed to contest in local elections.Writing on his Twitter handle ye...Published: 28 May 2023 at 08:23hrs | | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 6 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwe losing control over lithium - Report
ZIMBABBWE's lithium is being smuggled at far worse rates than previously estimated, a new report said this week, blaming foreign cartels.In a report titled ‘implications of the lithium minin...Published: 29 Apr 2023 at 19:32hrs | | by Staff reporter
Zimra commits US$2,4 million to anti-smuggling equipment
THE Zimbabwe Revenue Authority (Zimra) has committed a total of US$2,4 million on the acquisition of hit-tech equipment to enhance security at the country's ports of entry to curb crimes such as smugg...Published: 14 Apr 2023 at 07:33hrs | | by Staff reporter
US Dollars replaces Zimbabwe's currency for second time
The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local unit.US do...Published: 07 Apr 2023 at 10:20hrs | 1 | by Staff reporter
ZimAlloys ready to switch on its biggest furnace
ZIMBABWE Alloys (ZimAlloys), one of the country's biggest producers of ferrochrome, will restart its 50 000 tonnes per year furnace in July this year after investing more than US$13 million in it, an ...Published: 30 Mar 2023 at 06:38hrs | | by Staff reporter
US dabbles into Zimbabwe voters roll debate
A UNITED States government official says election management authorities should "polish" the voters roll and avail it to the public to guarantee credible polls.Robert Scott, who is the deputy ...Published: 28 Mar 2023 at 06:44hrs | | by Staff reporter
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