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Trio defrauds Econet US$54 800
Three airtime vendors from Mutare have appeared in court facing allegations of stealing US$54,863 through a sophisticated EcoCash airtime scam after allegedly discovering a system loophole that allowe...Published: 23 hrs ago | 120 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 374 | by `
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 63 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 104 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3754 | by Staff reporter
Land earmarked for public schools sold to land barons
Residents of Eastview and Caledonia in Harare have called for an urgent investigation into the alleged illegal sale of State land, initially earmarked for the construction of a public school, to a pri...Published: 13 May 2025 at 18:29hrs | 643 | by Staff reporter
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 155 | by Staff reporter
Guvamatanga faces summons threat after snubbing Parliament
Zimbabwe's Finance Ministry permanent secretary George Guvamatanga is facing the threat of a parliamentary summons after he failed to appear before the Public Accounts Committee (PAC) for the second t...Published: 13 May 2025 at 09:58hrs | 104 | by Staff reporter
Why Zimbabweans should worry about our relationship with Belarus
How is it that Zimbabwe consistently chooses to engage with questionable figures?President Emmerson Mnangagwa is in Minsk for a working visit, marking his third trip to Belarus since assuming ...Published: 12 May 2025 at 19:32hrs | 698 | by Tendai Ruben Mbofana
Family robbed US$1800, cellphone
A family in Mutasa was left traumatised after two unidentified assailants broke into their home and robbed them of US$1,854 and a cellphone, police have confirmed.The incident occurred on the ...Published: 10 May 2025 at 13:07hrs | 108 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 502 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2316 | by Roland Mpofu I iol
ZACC arrests couple over US$415,000 Mbare biogas scandal
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested two directors of a private company accused of looting over US$415,000 intended to bring clean energy to Mbare through a biogas project - a s...Published: 08 May 2025 at 09:44hrs | 356 | by Staff reporter
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3767 | by Staff reporter
Chivayo, Bushiri cases dominate Anti-Corruption Conference
The high-profile cases of fugitive Malawian preacher Shepherd Bushiri and controversial Zimbabwean businessman Wicknell Chivayo have taken centre stage at the 15th Commonwealth Regional Conference for...Published: 07 May 2025 at 15:47hrs | 1877 | by Staff reporter
Zimbabwe sets up carbon credit market regulatory framework
Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...Published: 07 May 2025 at 09:26hrs | 263 | by Staff reporter
'Zimbabwe govt must protect citizens from corruption'
Zimbabwe Congress of Trade Unions (ZCTU) vice-president Valentine Chikosi has called on the government to urgently act against rampant corruption, warning that unchecked graft is inflicting severe har...Published: 05 May 2025 at 15:45hrs | 56 | by Staff reporter
It's high time foreign governments took the lead in investigating Zimbabwe's corrupt elite
The Zimbabwe ruling elite clearly won't act against high-level corruption.There is something profoundly disturbing about the silence of Zimbabwean authorities in the wake of the damning exposÃ...Published: 03 May 2025 at 11:48hrs | 620 | by Tendai Ruben Mbofana
Former Zimbabwe Stock Exchange boss dies
Former Zimbabwe Stock Exchange (ZSE) chairman and revered stockbroker Ndodana Mguquka has died. He was 51.Mguquka passed away in the early hours of the morning at Samuel Leon Medical Centre in...Published: 02 May 2025 at 16:57hrs | 2139 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 642 | by Staff reporter
More than 300 people duped in Zimbabwe grocery deal
Police are hunting for three women accused of orchestrating a massive grocery scam that duped more than 300 people out of thousands of dollars in a fraudulent bulk-buying scheme.The suspects, ...Published: 29 Apr 2025 at 07:01hrs | 474 | by Staff reporter
Harare woman acquitted in COS fraud allegations
A Harare magistrate has acquitted Nyasha Mandeya, a woman who had been accused of duping a client out of US$22,000 under the pretext of helping her siblings secure employment in the United Kingdom's c...Published: 28 Apr 2025 at 12:41hrs | 323 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 28 | by Staff reporter
Harare businessman in court over US$46,080 theft
A Harare businessman, William Mikaye (46), appeared before magistrate Sheunesu Matova yesterday, facing serious allegations of theft of trust property involving groceries valued at US$46,080.M...Published: 23 Apr 2025 at 08:36hrs | 480 | by Staff reporter
Supreme Court awards UZ bursar US$320,000
A former bursar of the University of Zimbabwe (UZ), Vengai Mugabe, has been awarded US$323,046 in damages after a lengthy legal battle over his dismissal in 2018. Mugabe was fired after he refused to ...Published: 23 Apr 2025 at 08:34hrs | 998 | by Staff reporter
Harare commodity broker faces theft allegations over US$35,000
A commodity broker, Petronella Nyazuwa, was arraigned before Harare Magistrate Ruth Moyo on charges of theft of trust property valued at US$35,000. The charges stem from Nyazuwa's failure to deliver g...Published: 22 Apr 2025 at 08:08hrs | 807 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 11452 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
JOC blocks ZANU-PF ex-MP, Tongaat Hullets' farmers eviction ploy
Members of the Joint Operation Command (JOC) in Masvingo withdrew and crippled an attempt by former ZANU-PF Chiredzi West legislator and central committee member, Farai Dumo Musikavanhu who in conniva...Published: 16 Apr 2025 at 10:37hrs | 2150 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves
Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque s...Published: 13 Apr 2025 at 11:11hrs | 740 | by Tendai Ruben Mbofana
Brave security guards foil armed robbery
Two Real Star Security guards have been hailed as heroes after they bravely thwarted an armed robbery at a Petrotrade Service Station in Mabvuku early Thursday morning.Bhekimpilo Sibanda and I...Published: 13 Apr 2025 at 09:42hrs | 447 | by Staff reporter
Why is Mnangagwa's regime silent on South Africa's explosive Wicknell revelations?
There are so many questions on Zimbabwe's minds. A disturbing irony hangs over Zimbabwe today. While South Africa's Financial Intelligence Centre (FIC) has taken decisive steps to inve...Published: 12 Apr 2025 at 21:34hrs | 713 | by Tendai Ruben Mbofana
Buy Instagram Followers: Top 11 Sites That Celebrities Recommend
Buying followers to stimulate Instagram account growth may sound like a crazy strategy. That's why we've asked several Instagram users to share their success stories; they've all bought follo...Published: 09 Apr 2025 at 12:10hrs | 172 | by Staff Reporter
SA election supply firm paid Chivayo R800 million
Zimbabwe's Ministry of Finance paid more than R1.1 billion to a South African company contracted to supply materials for the country's 2023 general elections - and over R800 million of tha...Published: 07 Apr 2025 at 20:40hrs | 1992 | by Staff reporter
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1044 | by Tendai Ruben Mbofana
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3602 | by Staff reporter
Zimbabwe fast-tracking ZiG banknotes rollout
The Reserve Bank of Zimbabwe (RBZ) is accelerating efforts to deliver new Zimbabwe Gold (ZiG) banknotes, with Governor Dr John Mushayavanhu assuring the public that the rollout will happen "in the sho...Published: 06 Apr 2025 at 11:28hrs | 1067 | by Staff reporter
Highlanders' ex-CEO faces police probe
Highlanders Football Club has been thrust into the eye of a storm following explosive allegations of corruption and financial misconduct involving former chief executive officer Brian Moyo, who resign...Published: 06 Apr 2025 at 11:25hrs | 528 | by Staff reporter
Mystery over council's vanished US$4,5m loan deepens
A forensic audit has revealed that Harare City Council's US$4.5 million loan to Harare Quarry Private Limited was advanced without a formal agreement, raising concerns over governance and financial mi...Published: 03 Apr 2025 at 08:16hrs | 284 | by Staff reporter
NetOne expands OneMoney to boost rural financial inclusion
One of Zimbabwe's largest mobile network providers, NetOne, is ramping up its financial inclusion efforts by expanding its OneMoney agent network and increasing remittance partnerships in rural areas....Published: 02 Apr 2025 at 15:51hrs | 552 | by Staff reporter
RBZ to swoop on currency hoarders
The Reserve Bank of Zimbabwe (RBZ) is set to crack down on businesses and individuals hoarding money in cash deposit boxes at banks, homes, and business premises. Authorities are concerned that such p...Published: 02 Apr 2025 at 08:47hrs | 574 | by Staff reporter
NetOne launches MoGigs to bridge digital divide
Zimbabwe's leading telecommunications company, NetOne, has launched MoGigs, a groundbreaking data bundle aimed at boosting digital inclusion and empowering communities across the country.MoGig...Published: 28 Mar 2025 at 05:47hrs | 534 | by Staff reporter
Elderly Bulawayo couple sentenced for exploiting bank glitch
An elderly couple from Bulawayo, who took advantage of a technical glitch at Stanbic Bank Zimbabwe to embezzle over US$30,000, has been sentenced to seven years in prison.Frank Sibanda and his...Published: 27 Mar 2025 at 06:06hrs | 627 | by Staff reporter
Bitcoin Security and Efficiency: Comparing Full Nodes and SPV Clients
Bitcoin operates in a decentralized manner, allowing participants to verify and validate transactions independently. The network consists of different types ...Published: 26 Mar 2025 at 16:50hrs | 1458 | by Stephen Jakes
Message for all Zimbabwe's Property Owners
The conviction of Prosper Bizwick by Harare magistrate Ethel Sichera has shed light on the deep-rooted corruption within the Deeds Office, exposing how those entrusted with public service can betray t...Published: 25 Mar 2025 at 21:56hrs | 1385 | by Engineer Jacob Kudzayi Mutisi
Mukuru: Born on a Chimanimani mountain, and now a billion-dollar fintech business
Mukuru was first envisioned by two Zimbabwean entrepreneurs while mountain climbing in Chimanimani in Eastern Zimbabwe. The company later began operations in a bedroom in Cambridge, England in 2004, b...Published: 25 Mar 2025 at 11:55hrs | 3077 | by Staff reporter
Zimbabwe may scrap US$ for local transactions without notice
The government has warned that it may scrap the United States dollar for local transactions without notice in a bid to enforce acceptance of the Zimbabwe Gold (ZiG) currency.The ZiG was introd...Published: 22 Mar 2025 at 12:12hrs | 29732 | by Staff reporter
OK Zimbabwe reverses Bulawayo branch closure decision
Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, with a new business model that converts the outlet into a wholesale facility with lower operating co...Published: 21 Mar 2025 at 09:14hrs | 403 | by Staff reporter
Joining the George Ayittey Society is a step towards fighting for real change in Zimbabwe
My recent acceptance into the George Ayittey Society is an honour that fills me with immense humility and gratitude. To be part of a distinguished group of scholars, intellectuals, and researc...Published: 20 Mar 2025 at 17:12hrs | 283 | by Tendai Ruben Mbofana
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 77 | by Dr Bekithemba Mpofu
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