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Prominent businessman remanded over US$208,000 fraud allegations
Harare businessman Never Mhlanga, chairman of the Zimbabwe Insurance Brokers, has been remanded in custody following allegations of fraud involving US$208,500.Mhlanga appeared before Harare Re...Published: 15 hrs ago | 405 | by Staff reporter
RBZ to engage mobile operators on currency parity
The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar un...Published: 25 Aug 2025 at 06:00hrs | 422 | by Staff reporter
Zimbabwe to set up fund to compensate farmers
The Government is working on plans to establish a compensation fund for farmers who lose crops to wildlife, particularly elephants, Environment, Climate and Wildlife Minister Dr Evelyn Ndlovu has reve...Published: 21 Aug 2025 at 16:19hrs | 416 | by `
Best Side Hustles for Finance Bloggers: Try Forex Affiliate Marketing
If you're just running your blog for fun, cool, keep at it. If you're actually trying to stack some cash on the side, then you're sitting on a goldmine and you might not even know it yet. Have you hea...Published: 20 Aug 2025 at 20:42hrs | 80 | by Staff Reporter
Street vending ban could worsen economic hardship?
Economists have raised concerns over the government's decision to ban street and night vending across Zimbabwe's central business districts (CBDs), warning that the move could intensify economic hards...Published: 20 Aug 2025 at 09:37hrs | 188 | by Staff reporter
Rand manipulators taken to ConCourt
The Constitutional Court will hear the Competition Commission's bid to overturn a ruling that cleared major banks of wrongdoing in a decade-long rand manipulation case. The proceedings are scheduled f...Published: 19 Aug 2025 at 11:04hrs | 504 | by Staff reporter
ZWG acceptance still a challenge says Hippo Valley
Hippo Valley Estates Limited (HVEL), one of Zimbabwe's sugar producers, has raised concern over the continued rejection of the Zimbabwe Gold (ZWG) currency in the market despite relative exchange rate...Published: 19 Aug 2025 at 09:05hrs | 274 | by Staff reporter
Munacho Mutezo in last ditch to save property
Former Water Resources and Infrastructural Development Minister Munacho Mutezo will today make a last-ditch attempt to prevent the sale of his Odzi farm, valued at US$750,000, following a High Court f...Published: 18 Aug 2025 at 08:35hrs | 278 | by Staff reporter
Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 16 Aug 2025 at 13:13hrs | 475 | by Staff reporter
Visionary Leadership: The Key to Unlocking Africa's Potential
Africa stands at a crossroads, rich in natural resources yet struggling to translate this wealth into sustainable development and prosperity for its people. The continent's progress is hindered by a m...Published: 15 Aug 2025 at 16:37hrs | 76 | by Tatenda Hwari
Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 15 Aug 2025 at 14:22hrs | 527 | by Staff reporter
Zimbabwe tightens carbon market regulations
Zimbabwe has lost tens of millions of United States dollars over the years through unregulated carbon credit trade, prompting the Government to introduce strict new regulations and a national registry...Published: 14 Aug 2025 at 14:48hrs | 146 | by Staff reporter
How forex brokers make money - and what that means for your trades
Most know that it is best to choose brokers licensed by authorities like FCA (UK), ASIC (Australia), or CFTC (US) for greater transparency. When people choose a broker, they concentrate on the conditi...Published: 13 Aug 2025 at 18:38hrs | 272 | by Staff Reporter
The hidden costs of commodities trading without proper education
The Real Price of Jumping into Commodities Trading Clueless Alright, let's get real for a sec. Scroll through Instagram or TikTok, and you'll see a...Published: 13 Aug 2025 at 18:32hrs | 117 | by Staff Reporter
Ministry steps up unannounced business inspections
The Ministry of Industry and Commerce has announced that more impromptu inspections will be carried out to ensure businesses comply with legal and regulatory standards.In an interview, Communi...Published: 13 Aug 2025 at 13:01hrs | 347 | by Staff reporter
Zera announces drop in LPG prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in Liquefied Petroleum Gas (LPG) prices in both US dollars and local currency for August 2025.In its latest update, Ze...Published: 13 Aug 2025 at 12:10hrs | 187 | by Staff reporter
Zimbabwe to maintain trade ties with Israel
Zimbabwe will continue trading with Israel despite global condemnation of that country's military actions in Gaza, Information, Publicity and Broadcasting Services secretary Ndavaningi Mangwana has sa...Published: 11 Aug 2025 at 08:53hrs | 229 | by Staff reporter
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 360 | by Staff reporter
SA police hunt for Zimbabwean gold mining kingpin
The National Prosecuting Authority (NPA) has amended the indictment against eight suspects accused of involvement in an alleged illegal mining syndicate following the repeated failure of the suspected...Published: 10 Aug 2025 at 10:07hrs | 1049 | by Staff reporter
Govt to dismantle powerful vending cartels in Bulawayo CBD
The government has vowed to dismantle powerful cartels extorting vendors in Bulawayo’s Central Business District, where illegal syndicates are reportedly collecting as much as US$30,000 per day from...Published: 09 Aug 2025 at 09:49hrs | 537 | by Staff reporter
How Mutare and Manicaland were annexed from the Portuguese
First - a tributeIn carrying out the background research I have been greatly impressed by the articles written by J.C. Barnes, who taught at Umtali Boys' High School and published both in Rhod...Published: 08 Aug 2025 at 21:43hrs | 1118 | by Zimfieldguide
UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 08 Aug 2025 at 08:58hrs | 824 | by Staff reporter
Ramaphosa's ANC dares the United States to sanction it
South Africa's biggest political party said the government won't bow to demands from Donald Trump's administration to change its policies even if that means its leaders are subjected to US sanctions....Published: 07 Aug 2025 at 20:50hrs | 1148 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 463 | by Staff reporter
Kemi Badenoch is bad enough: Thanks to Socialist East Germany: GDR!
I was about 22 years old when I landed in East Germany on scholarship to study metallurgy. To put everything into context, I was facilitated with a Zapu PF scholarship to study in East Germany, a soci...Published: 07 Aug 2025 at 17:10hrs | 386 | by Nomazulu Thata
Bulawayo councillors split over Egodini mall project
City councillors remain deeply divided on how to handle the stalled Egodini Mall redevelopment, as frustrations mount among residents over continued delays and traffic congestion attributed to the fai...Published: 07 Aug 2025 at 09:00hrs | 250 | by Staff reporter
Police deploy for holidays, warn reckless motorists
The Zimbabwe Republic Police (ZRP) has rolled out extensive deployments across the country's roads, residential areas, industrial zones, and Central Business Districts (CBDs) to ensure peace, law, and...Published: 06 Aug 2025 at 14:33hrs | 168 | by Staff reporter
Govt faces backlash over night vending, pre-used clothes ban
Government is headed for a showdown with informal traders and vendors after announcing a ban on night vending and the sale of second-hand clothes in Harare's central business district.Local Go...Published: 06 Aug 2025 at 08:58hrs | 193 | by Staff reporter
Investor loses US$60K in botched lithium deal
A United Arab Emirates-based company has allegedly lost US$60,620 in a failed lithium deal with a local firm, prompting fraud charges against Nasha Weal Musa, director of Nasha Industries and Commodit...Published: 05 Aug 2025 at 18:27hrs | 564 | by Staff reporter
Goat tender fraud trial resumes
The trial of businessmen Moses Mpofu and Mike Chimombe, accused of defrauding the Government of US$7 million under the Presidential Goat Pass-On Scheme, resumed yesterday with Mpofu outlining the fina...Published: 05 Aug 2025 at 08:58hrs | 274 | by Staff reporter
Zanu-PF councillor to face trial over fraud
A Zanu PF councillor in Bulawayo is set to stand trial later this month over allegations that he defrauded 14 informal traders of more than US$2,000 by falsely promising them vending bays in the city ...Published: 04 Aug 2025 at 18:38hrs | 246 | by Staff reporter
Zimbabwe bans pre-used clothing sales in CBDs
Government has ordered all urban councils to immediately ban night vending and the sale of second-hand clothing in Central Business Districts (CBDs) as part of a renewed push to restore order in city ...Published: 04 Aug 2025 at 17:04hrs | 780 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 464 | by Staff Reporter
6 paradoxes defining Zimbabwe's current reality
Zimbabwe is a nation that is steeped in contradictions. In my time observing the political, social, and economic landscape, I've come to realize that the country is grappling with paradoxes that revea...Published: 03 Aug 2025 at 12:31hrs | 366 | by Adapted from Rev Dr Kenneth Mtata x account
Supreme Court saves Ugandan couple from Harare houses seizure
The Supreme Court of Zimbabwe has quashed an unexplained wealth order previously issued against Ugandan nationals Robert Kwesiga and his wife, Sande Hilga Kwesiga, ruling that the prosecutor general f...Published: 03 Aug 2025 at 12:17hrs | 371 | by Staff reporter
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 111 | by Staff reporter
Harare Council crackdown leaves hundreds stranded
In a sweeping move aimed at restoring order in the central business district, the City of Harare has shut down hundreds of shops, launching an operation dubbed "Operation Restore Order." The crackdown...Published: 03 Aug 2025 at 09:51hrs | 91 | by Staff reporter
High Court to hear bid to block Borrowdale office complex
The High Court will urgently hear an application by Trauma Centre Hospital and a Borrowdale resident seeking to halt the construction of large office buildings in the upmarket residential suburb....Published: 01 Aug 2025 at 08:11hrs | 147 | by Staff reporter
Company director in court for US$2,000 bribery
A Harare businessman and director of Whitecard Tobacco Company (Pvt) Ltd, Tawanda Mandudzo (51), has been arrested for attempting to bribe a senior official from the Tobacco Industry and Marketing Boa...Published: 31 Jul 2025 at 08:16hrs | 272 | by Staff reporter
Zimra goes digital
The Zimbabwe Revenue Authority (ZIMRA) has announced that all Common Market for Eastern and Southern Africa (COMESA) Certificates of Origin will now be issued online, marking a major advancement in Zi...Published: 28 Jul 2025 at 13:24hrs | 321 | by Staff reporter
Zimra, Delta in fresh spat over taxes
The Zimbabwe Revenue Authority (Zimra) is demanding an additional US$73 million in tax from Delta Corporation Limited, escalating tensions between the tax agency and one of the country's largest corpo...Published: 27 Jul 2025 at 21:04hrs | 517 | by Staff reporter
Zanu-PF space barons take over parking bays in Bulawayo CBD
Bulawayo's central business district has become the latest battleground in a simmering turf war over vending space, with ZANU PF-linked "space barons" accused of illegally converting municipal parking...Published: 27 Jul 2025 at 21:02hrs | 679 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 827 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 481 | by Staff reporter
Edgars Zimbabwe customers seek longer payment plans
Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...Published: 21 Jul 2025 at 12:27hrs | 291 | by Staff reporter
Econet reports 44% surge in voice calls
Econet Wireless Zimbabwe has reported a remarkable 44 percent year-on-year increase in voice call volumes for the quarter ended May 31, 2025, defying industry expectations that traditional voice servi...Published: 21 Jul 2025 at 12:20hrs | 116 | by Staff reporter
Pushcart operators blamed for City chaos
Pushcarts, once seen as a harmless tool of livelihood for many struggling Zimbabweans, have become a growing source of frustration and danger for Harare residents. The city's central business district...Published: 20 Jul 2025 at 09:18hrs | 395 | by Staff reporter
Flo Petroleum fined for selling contaminated fuel
Ibhalabhala Private Limited, trading as Flo Petroleum, has been fined US$350 by Harare magistrate Mr. Gamuchirai Gore after being found guilty of selling contaminated fuel.Magistrate Gore orde...Published: 18 Jul 2025 at 20:50hrs | 245 | by Staff reporter
Inmates trade sugar, porridge for weed
GWANDA - Two serving prison inmates, Hloniphani Mkwananzi (42) and Tiisetse Ngulube, have been sentenced to 15 months in prison for trading food items received from relatives in exchange for cannabis....Published: 16 Jul 2025 at 16:01hrs | 553 | by Gideon Madzikatidze
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 734 | by Staff reporter
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