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Illicit dealings cost Zimbabwe $2bn annually
Zimbabwe Anti-Corruption Commission (Zacc) chairperson Justice Loice Matanda-Moyo has said the country is losing about $2 billion annually through illicit dealings with the private sector being the ma...Published: 15 Oct 2021 at 06:16hrs | 64 | by Staff reporter
Private sector major culprit of graft, says Zacc boss
THE Zimbabwe Anti-Corruption Commission (Zacc) says the private sector is the major culprit in corruption as players are evading taxes and inflating figures, among other ills causing serious damage to...Published: 14 Oct 2021 at 06:26hrs | 585 | by Staff reporter
Mnangagwa's State of the Nation address
PRESIDENT Mnangagwa delivered a State of the Nation Address and officially opened the Fourth Session of the Ninth Parliament of Zimbabwe yesterday. He tackled a wide r...Published: 08 Oct 2021 at 06:27hrs | 422 | by Staff reporter
Taming inflation is an arduous task
The Zimbabwe National Statistics Agency (Zimstat) pointed that year on year (annual) inflation rate marginally increased to 51.55% in September 2021 from 50.24% in August 2021 after 8 months of straig...Published: 06 Oct 2021 at 09:13hrs | 429 | by Victor Bhoroma
Wheat harvesting begins
Harvesting of wheat has begun, with the Grain Marketing Board (GMB) designating 18 collection depots as the country expects a bumper harvest owing to minimum interruption of power supply by Zesa, whic...Published: 06 Oct 2021 at 05:46hrs | 74 | by Staff reporter
Cigarette smugglers fined $12 000
THE 34 smugglers arrested while smuggling 76 cases of export quality Remmington Gold cigarettes into South Africa last week were each fined $12 000 (or three months) by Beitbridge resident magistrate ...Published: 05 Oct 2021 at 06:29hrs | 95 | by Staff reporter
37 in court for attempting to smuggle cigarettes into SA
Thirty-seven suspects who were arrested while attempting to smuggle 76 cardboard crates of export quality Remmington Gold cigarettes out of the country into South Africa appeared before Beitbridge Res...Published: 04 Oct 2021 at 05:48hrs | 202 | by Staff reporter
Authorities unleash sweeping crackdown on forex market
IN a renewed bid to contain the runaway foreign exchange rate - now trading at double the official rate around US$1: ZW$170 - the government has launched a fierce crackdown on currency traders in a mu...Published: 03 Oct 2021 at 08:19hrs | 768 | by Staff reporter
Prophet Isaiah Sovi raises Africa's flag in Dubai
Charismatic Prophet and Businessman Isaiah Brian Sovi has been hailed for being one of the few young businesspersons from Africa who attended the recently held Africa-Dubai Investment summit whic...Published: 01 Oct 2021 at 14:12hrs | 2139 | by Mandla Ndlovu
RBZ takes forex rate war to the streets
RESERVE Bank of Zimbabwe (RBZ) governor John Mangudya says the apex bank will continue its crackdown against black market kingpins to rid the market of delinquent behaviour.In an interview wit...Published: 01 Oct 2021 at 08:05hrs | 4161 | by Staff reporter
Zimbabwe set for US$1,1 billion current account surplus
ZIMBABWE's current account is projected to register a stronger surplus position of about US$1, 091 billion this year, higher than the initial projection of US$611,5 million, the Reserve Bank of Zimbab...Published: 01 Oct 2021 at 07:52hrs | 201 | by Staff reporter
Marondera leads in HIV prevalence
MARONDERA is leading in HIV/AIDS prevalence in Mashonaland East at 20,2% compared to the least affected district, Uzumba Maramba Pfungwe (UMP at 9,4%, latest official data has shownThis was re...Published: 30 Sep 2021 at 07:16hrs | 278 | by Staff reporter
Villagers lose cattle to livestock diseases
Most communal farmers in Chiweshe have lost cattle to a plethora of livestock diseases that have ravaged the area. Mashiri, Musonza, Chinehasha and Chideu Villages bore the brunt of the devastating bo...Published: 24 Sep 2021 at 09:08hrs | 121 | by Tondo Murisa Chinehasha
Tobacco Sales Floor volumes rise 143%
ZIMBABWE'S biggest tobacco auction firm, Tobacco Sales Floor (TSF), says volumes rose by 143% during the third quarter ended July 31, 2021, in line with higher national output reported during the peri...Published: 23 Sep 2021 at 06:24hrs | 156 | by Staff reporter
Why are Zimbabwean companies failing to pay taxes?
A ZIMBABWE Revenue Authority (Zimra) annual report for 2020 released last week confirmed the heavy burden that the country's industries are battling to contain — outstanding taxes are mounting, and ...Published: 20 Sep 2021 at 07:13hrs | 741 | by Staff reporter
Dembare mum on Gold Leaf Tobacco deal
HARARE team Dynamos have remained tight-lipped on their five-year partnership with Gold Leaf Tobacco, which still had two and a half years to run when they signed another lucrative deal with petroleum...Published: 19 Sep 2021 at 08:48hrs | 322 | by Staff reporter
Zimbabwe loses US$1,3bn in forex leaks
ABOUT US$1,3 billion is being siphoned out of the country every year and the proceeds are benefitting countries that ironically accuse Government of corruption.This was revealed by the Zimbabw...Published: 19 Sep 2021 at 08:10hrs | 257 | by Staff reporter
CIO boss entangled in BAT bribery scandal
A joint investigation by the Bureau of Investigative Journalism, BBC Panorama and the University of Bath reveals British American Tobacco (BAT) was linked to a conspiracy to pay a bribe of between US$...Published: 18 Sep 2021 at 19:39hrs | 1435 | by Staff reporter
VFEX moves to fund tobacco
ZIMBABWE'S bourses have moved to help the tobacco farming sector raise foreign currency for their operations, in a development seen as a solution to the industry's a long-running capital crisis....Published: 16 Sep 2021 at 06:03hrs | 224 | by Staff reporter
Jah Prayzah, Killer T performs at 'G40' party, detained at Airport
Musicians Jah Prayzah and Killer T were detained for more than four hours at RGM International Airport on Monday after performing for President Emmerson Mnangagwa's political archenemies in Cape Town,...Published: 14 Sep 2021 at 06:28hrs | 4428 | by Staff reporter
Zanu-PF caught in bribery storm
A COLLABORATIVE probe by a British media house, the Bureau of Investigative Journalism and the University of Bath, has exposed how the ruling Zanu-PF party received mouth-watering bribes from the Brit...Published: 14 Sep 2021 at 06:18hrs | 2640 | by Staff reporter
British American Tobacco (BAT) negotiated bribe for Mugabe, new evidence suggests
A BBC Panorama investigation has found evidence that suggests one of Britain's biggest companies paid a bribe to the former Zimbabwean leader Robert Mugabe.Documents show British American Toba...Published: 13 Sep 2021 at 10:26hrs | 3687 | by BBC
Tobacco company fails to pay transporters
A COLD war is looming between some tobacco transporters and Voedsel Tobacco International over non-payment for services rendered.Disgruntled transporters say they have not been paid for servic...Published: 13 Sep 2021 at 05:58hrs | 232 | by Staff reporter
Grown up Zimbabweans are 'more Zanu PF than Zanu PF parents' - more brain-dead than Zanu PF buffoons, it's true
"An untold but deep seated sociological truth about Zimbabwe today is that many grown up kids with ZanuPF parents are more ZanuPF than their parents. Therefore, Zimbabwe does not only need new leaders...Published: 10 Sep 2021 at 13:38hrs | 941 | by Patrick Guramatunhu
GMB deliveries surpass targets
THE Government said the 2021 traditional grains production has improved remarkably and some crops exceeded the highest ever tonnage since independence.Addressing journalists during a Post Cabi...Published: 10 Sep 2021 at 07:21hrs | 378 | by Staff reporter
Inside the cotton value chain
Cotton has been grown in Zimbabwe from as far back as 1940, even though production was enhanced after the establishment of the Cotton Marketing Board (CMB) in 1969. The white Gold is the second most i...Published: 09 Sep 2021 at 19:33hrs | 347 | by Victor Bhoroma
BAT records 27% jump in sales volumes
BRITISH American Tobacco (BAT) says increased investment-related strategies led to a 27% rise in sales volumes compared to the same period last year despite the challenging operating environment exace...Published: 08 Sep 2021 at 06:10hrs | 53 | by Staff reporter
Zimbabwe to introduce drones at border posts
THE country's porous border posts will soon be under tight surveillance following Government's decision to acquire drones worth US$2 million to patrol the borderline to curb smuggling. The dro...Published: 06 Sep 2021 at 05:20hrs | 776 | by Staff reporter
Zimbabwe's exports on the rise
AMID the pervasive disruption to world trade caused by the coronavirus pandemic, Zimbabwe's exports held up well between January-June this year compared to the same period last year.According ...Published: 05 Sep 2021 at 06:51hrs | 398 | by Allan Majuru
Import Substitution: A case for soya beans
For the past 10 years, Zimbabwe has produced an average of 56 000 metric tonnes (mt) of soya beans per year against national demand of 240 000 mt for food, animal feed and industrial consumption. In t...Published: 01 Sep 2021 at 15:26hrs | 408 | by Victor Bhoroma
Police red-flags family murder cases
POLICE have raised alarm over increasing murder cases involving family members countrywide.In the past week, police reported cases of three people who were allegedly killed by their relatives ...Published: 30 Aug 2021 at 05:50hrs | 267 | by Staff reporter
Cops in trouble for stealing tobacco bales
TWO top Marondera detectives who, after intercepting more than 100 stolen tobacco bales, connived with the armed robbers, sold the loot and shared the proceeds were last week arraigned before regional...Published: 30 Aug 2021 at 05:50hrs | 305 | by Staff reporter
Top cops in daring robbery
Two top Marondera detectives allegedly intercepted more than 100 stolen tobacco bales and connived with the armed robbers to sell the loot before sharing the proceeds.Tapera Bvunzawabaya (36) ...Published: 29 Aug 2021 at 07:20hrs | 1636 | by Staff reporter
Abraham Lincoln and building national unity in Zimbabwe
There is a national consensus that the economic Structural Adjustment Programme (eSAP), imposed on Zimbabwe in 1991 by donors led by the IMF and the World Bank, has been one of the leading causes of t...Published: 29 Aug 2021 at 07:17hrs | 245 | by Fay Chung
Useful products that will help with the relief of hay fever
Hay fever causes flu-like symptoms such as itchy eyes, sinus congestion and sneezing. Unlike the flu a virus doesn't trigger these symptoms. They are caused by allergens such as dust, pollen and pet d...Published: 27 Aug 2021 at 21:19hrs | 596 | by Staff writer
Stanbic maintains steady performance in first half
Stanbic Bank has transcended the macroeconomic challenges bedeviling the country to post an inflation adjusted profit after tax of ZWL 1.2 billion for the half year to June 2021.The Standard B...Published: 26 Aug 2021 at 08:26hrs | 363 | by Staff reporter
Zimbabwe exports increase by 35,5%
THE value of exports from Zimbabwe increased by 35,5 percent in the first six months of the year to US$2,52 billion compared to US$1,86 billion in the corresponding period last year, official data sho...Published: 26 Aug 2021 at 06:35hrs | 292 | by Staff reporter
CFI hails RBZ for stabilising Zimdollar
AGRO- industrial concern, CFI holdings has hailed the Reserve Bank of Zimbabwe (RBZ) for putting in place measures aimed at reinforcing the stability of the local currency which have seen a decelerati...Published: 25 Aug 2021 at 08:33hrs | 1408 | by Staff reporter
Zimbabwe tobacco surpasses expectations, but farmers need better deal
ZIMBABWE has this year enjoyed one of its most productive tobacco seasons, but poor payment models for the farmers caused by the currency volatility left many farmers at the mercy of contract buyers....Published: 23 Aug 2021 at 06:52hrs | 235 | by Staff reporter
Enough inputs for 2021 season
Seed and fertiliser firms have ramped up production to meet demand for inputs for the forthcoming summer cropping season in State-assisted programmes and the commercial sector, with farmers urged to b...Published: 23 Aug 2021 at 06:46hrs | 95 | by Staff reporter
Zimbabwean young farmers lead the charge in agriculture
Agriculture in Zimbabwe is on an upswing and young people are the driving force. For example, the country is set to harvest 2.8 million tons of maize this year, triple the 2020 harvest, and making it ...Published: 22 Aug 2021 at 15:42hrs | 1015 | by Audrey Simango
Zimbabwe, Tanzania are main sources of Uganda's gold
Unrefined gold imports from both Tanzania and Zimbabwe have pushed the two countries into becoming some of Uganda's largest trade partners, according to data from Bank of Uganda.It is the firs...Published: 21 Aug 2021 at 21:31hrs | 1077 | by Staff reporter
Rolls-Royce belongs to Boka and not Mnangagwa's son
THE son of the late Zimbabwean business tycoon Roger Boka, Mathew, says the Rolls-Royce which went viral on social media over the weekend after President Emmerson Mnangagwa's son Sean was photographed...Published: 21 Aug 2021 at 13:11hrs | 6882 | by Staff reporter
Parastatals evade audit
BOARD members of public entities are rewarding themselves with hefty unsanctioned allowances and most of the abuse will likely go unnoticed as parastatals hide behind COVID-19 to withhold financial st...Published: 18 Aug 2021 at 06:47hrs | 501 | by Staff reporter
Unpatriotic, corrupt Zimbabwe govt sells country to China in exchange of 'tang'
"We have turned east, where the sun rises and given our back to the West, where the sun sets," Mugabe told a crowd at National Sports Stadium in 2005. This was a swift shift from one coloniser to anot...Published: 17 Aug 2021 at 07:59hrs | 2177 | by Israel Dube
Zimbabwe to borrow from private creditors to pay evicted white farmers
ZIMBABWE is considering borrowing money directly from private investors to fund the first half of a $3.5 billion (R52 billion) compensation agreement with white farmers whose land was seized two decad...Published: 16 Aug 2021 at 17:09hrs | 460 | by Bloomberg
Mnangagwa's twin son takes delivery of US$500k Rolls Royce
President Emmerson Mnangagwa's twin son has taken delivery of a Rolls Royce – triggering questions over the source of his wealth.Pictures emerged on Sunday of Sean Mnangagwa – a soldier â€...Published: 15 Aug 2021 at 21:07hrs | 6579 | by Staff reporter
Zimbabwe tobacco in forecast busting show
ZIMBABWE'S tobacco output reached 202,8 million kilogrammes last week, surging past official predictions, which had projected volumes to close at 195 million kg this season. The marketing season kicks...Published: 15 Aug 2021 at 08:57hrs | 192 | by Staff reporter
Traditional leader causes terror to tobacco farmers
Farmers from Penrose and Siyalima farms in Guruve are now living in fear of Chief Chipuriro who is demanding money from farmers claiming that they are cut...Published: 13 Aug 2021 at 20:16hrs | 1125 | by Tarisai Mudahondo
Chamisa, Biti lock horns
Battle lines have been drawn between MDC-Alliance president Nelson Chamisa and one of his deputies, Tendai Biti over the recent decision by the former to forego primary elections and let communities c...Published: 12 Aug 2021 at 06:57hrs | 12979 | by Political Reporter
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