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African Mining Sector Set for Strong Growth in 2022
Johannesburg - 16 May 2022 - With mining companies currently enjoying high prices, exceptional production performance and robust supply chains, the mining team from Stanbic Bank's parent company, Stan...Published: 7 hrs ago | 155 | by Mark Buncombe, Head of Mining and Metals at Standard Bank Group
Mnangagwa's govt under attack over banks lending ban
LEGISLATORS have called on government to respect the Constitution and stop behaving hike a monarchy where leaders rule by decree. This follows the recent government directive on banks to stop lending ...Published: 12 hrs ago | 451 | by Staff reporter
Mnangagwa panicking over Zimdollar
President Emmerson Mnangagwa has been summoning business owners his government believes are manipulating the Zimbabwe dollar to fuel anger over his rule amid growing fears an economic implosion could ...Published: 15 May 2022 at 06:14hrs | 3554 | by Staff reporter
SA business group unhappy with rise of Zimbabwean expats
THE appointment of Sitholizwe Mdlalose as chief executive of South Africa's telecoms giant Vodacom has triggered xenophobic reactions after the country's Black Business Council (BBC) demanded that loc...Published: 13 May 2022 at 19:13hrs | 1515 | by Staff reporter
Legislators letting citizens down
IT is now clear that Zimbabwe's parliamentarians are not playing their role of fixing the mess in our country's financial sector. The Zimbabwean government has introduced several statutory instruments...Published: 13 May 2022 at 19:04hrs | 24 | by Engineer Jacob Kudzayi Mutisi
Bosso bosses put money on Mandla
HIGHLANDERS' management has backed under-fire coach Mandla Mpofu and still have faith that he can still turnaround their fortunes starting with Sunday's Castle Lager Premier Soccer League clash with f...Published: 13 May 2022 at 19:02hrs | 57 | by Staff reporter
Parliamentarians letting the citizens down
It is now clear that Zimbabwe's MPs or parliamentarians are not playing their role to fix the mess that our country's economic financial service is in. The Zimbabwean government has had Statutory Inst...Published: 12 May 2022 at 09:45hrs | 1228 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa cleared in controversial land deal
PRESIDENT Emmerson Mnangagwa has been cleared in a case he was sued to explain a land deal with millionaire and land developer businessman, Ken Sharpe, by a Harare MP and two others.Allan Norm...Published: 12 May 2022 at 06:34hrs | 989 | by Staff reporter
Mnangagwa in airport scandal application thrown out
THE High Court has dismissed an application filed by legislator Allan Markham against Aurgur Investments and President Emmerson Mnangagwa over the transfer of deed of settlement by the City of Harare....Published: 12 May 2022 at 06:33hrs | 1282 | by Staff reporter
Money transfer agents warn of massive transaction fee hike
PRESIDENT Emmerson Mnangagwa's recent imposition of a mandatory 4% Intermediate Monetary Transfer Tax (IMTT) on domestic foreign currency transfers has the potential to double transaction fees being p...Published: 12 May 2022 at 06:29hrs | 580 | by Staff reporter
Professor Ncube says lending ban to prick the bubble
The ban on bank lending announced by President Mnangagwa at the weekend to ward off attacks on the Zimbabwe dollar, stabilise the exchange rate and rein in on rising inflation, is only a temporary mea...Published: 12 May 2022 at 06:27hrs | 375 | by Staff reporter
e-passport centre opens in Chitungwiza, will it come to Gwanda?
The decentralisation of the electronic passports (e-passports) continued yesterday, with a bio-enrolment centre being launched in Chitungwiza.The opening of the centre follows the launch of th...Published: 11 May 2022 at 09:09hrs | 268 | by Staff reporter
Man City 'reach agreement' to sign £51m Haaland
Manchester City have reached an agreement to sign Norway striker Erling Haaland from Borussia Dortmund.Haaland, 21, will join in July after City activated a 60m euro (£51.2m) release clause i...Published: 10 May 2022 at 17:55hrs | 1163 | by Staff reporter
Bosso coach says he doesn't have depth
HIGHLANDERS coach Mandla "Lulu" Mpofu says his squad lacks depth after coming from 2-0 to force a draw against Bulawayo Chiefs in a league match at Barbourfields Stadium on Sunday.Mpofu said h...Published: 10 May 2022 at 08:51hrs | 820 | by Staff reporter
'Mnangagwa's govt killing Zimdollar'
GOVERNMENT'S short-term financing mechanisms to fund its programmes are the major contributors to the depreciation of the local currency, the Zimbabwe National Chamber of Commerce (ZNCC) has noted....Published: 10 May 2022 at 07:46hrs | 907 | by Staff reporter
Beitbridge Border Post project on course
The Zimborders Consortium which is working in partnership with the Government to transform the Beitbridge Border Post yesterday said the project is on course and it will be concluded within the set ti...Published: 10 May 2022 at 07:44hrs | 225 | by Staff reporter
Twenty five Malawians illegally enter Zimbabwe
LUCKY ran out for twenty-five Malawians who illegally entered Zimbabwe enroute South Africa on Thursday.The matter came to light ...Published: 08 May 2022 at 17:24hrs | 1544 | by Simbarashe Sithole
US-Zambia military pact rattles Zimbabwe
THE establishment of a specialised United States security office in Zambia has unsettled authorities in Zimbabwe following heated debate across the political divide on the possible intentions of the A...Published: 06 May 2022 at 19:27hrs | 996 | by Staff reporter
Nurse aid certificate the new gold for Zimbabweans
FOR 35-year-old Lorraine Siziba, attaining a nurse aid's certificate is nudging her closer to achieving her goals.Siziba has never been formally employed since completing a Bachelor's degree f...Published: 04 May 2022 at 20:13hrs | 4638 | by Staff reporter
Bulawayo mayor says there is significant progress at the Egodini Mall project
BULAWAYO mayor Solomon Mguni yesterday said there was significant progress at the Egodini Mall project, with the first phase already completed."There is a difference from what we saw last time...Published: 04 May 2022 at 07:01hrs | 549 | by Staff reporter
Zimbabwe receives kits to assemble 21 buses from China
KITS for the assembly of 21 buses arrived in Zimbabwe yesterday from China, as Harare moves to reduce the forex import bill and create more jobs through assembling buses locally.The project wi...Published: 04 May 2022 at 06:58hrs | 356 | by Staff reporter
Putin to terminate exports and deals with the West
Russian President Vladimir Putin put the West on notice on Tuesday that he could terminate exports and deals, the Kremlin's toughest response yet to the sanctions burden imposed by the United States a...Published: 03 May 2022 at 20:52hrs | 2164 | by Staff reporter
Zimbabwe has gone to the dogs
AS a retired former police officer, my heart bleeds when I see the living conditions of serving police officers deteriorating each day.To be precise, I left the Zimbabwe Republic Police ...Published: 02 May 2022 at 08:02hrs | 434 | by Leonard Koni
Zimra surpasses target
The Zimbabwe Revenue Authority surpassed its target for the 2022 first quarter by over eight percent despite challenges facing the economy.Zimra collected $178,77 billion against a target of $...Published: 02 May 2022 at 07:54hrs | 74 | by Staff reporter
Trafigura seeks control of Zimbabwe metals over debts
TRAFIGURA Group and Zimbabwe's government have discussed a deal that would give the commodities trader control over output from some of the nation's biggest mines as repayment for debts, documents see...Published: 30 Apr 2022 at 16:15hrs | 158 | by Staff reporter
America transfers Russian military equipment to Ukraine
The Russian Embassy in the Republic of South Africa has issued a statement condemning the United States of America over its announcement to transfer to Ukraine Russian weapons that were meant to be se...Published: 29 Apr 2022 at 17:51hrs | 2831 | by Mandla Ndlovu
Zambia's ruling UPND party leader blasts Jonathan Moyo
Zambia's ruling UPND Publicity and Information Secretary Joseph Kalimbwe has accused Professor Jonathan Moyo of having a hand in the destruction of Zimbabwe during his days at the core leadership of Z...Published: 29 Apr 2022 at 17:01hrs | 8517 | by Mandla Ndlovu
Chiwenga slams price madness
VICE President Dr Constantino Chiwenga has said the resurgent price madness being experienced in the market is unjustified given the prevailing stable economic fundamentals and the supportive fiscal a...Published: 28 Apr 2022 at 08:56hrs | 367 | by Staff reporter
RBZ lifts Access Forex suspension
Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Control regulatory approvals.This comes after the Reserve Bank of Zimbabwe gave...Published: 28 Apr 2022 at 08:54hrs | 124 | by Staff reporter
Bard Santner Markets to tap diaspora investment capital
BARD Santner Markets Inc, a new Harare-based international banking and finance advisory firm, has come up with a plan to tap into diaspora investment capital seeking new opportunities in pro...Published: 27 Apr 2022 at 18:46hrs | 428 | by Staff Reporter
RBZ gives Access Forex the greenlight on local transfers
THE country's fastest growing domestic and international money transfer platform Access Forex is back in the business of local remittances after a few days of suspension due to pending Exchange Contro...Published: 27 Apr 2022 at 18:38hrs | 1183 | by Staff Reporter
Young Filabusi born CEO makes World Economic Forum young leaders list
THE Zimbabwean Chief Executive Officer of African Risk Capacity Limited (ARC Ltd), Lesley Ndlovu, has been selected as one of the World Economic Forum's Young Global Leaders Class of 2022.Born...Published: 27 Apr 2022 at 18:31hrs | 1239 | by Staff reporter
Politicised military threatens 2023 poll
PRESIDENT Emmerson Mnangagwa's government is abusing state institutions, including the military, the Zimbabwe Electoral Commission (Zec) and judiciary, to maintain his tight grip on power ahead of the...Published: 27 Apr 2022 at 13:39hrs | 794 | by Staff reporter
Zimbabwe cops resist 'punishing' transfers to rural outposts
AT least nine junior police officers have gone AWOL after resisting transfers to rural outposts.Confidential documents seen by NewZimbabwe.com indicate that the Zimbabwe Republic Police (ZRP) ...Published: 27 Apr 2022 at 13:00hrs | 1133 | by Staff reporter
Zimbabwe must abandon use of US$ immediately
ECONOMIST Eddie Cross, believes the best way to stabilise the prices of basic goods in the country and spur development is to end the use of the United States dollar in the economy. Speaking on 3Ktv p...Published: 27 Apr 2022 at 12:57hrs | 765 | by Staff reporter
Voter registration must intensify
THE Community Tolerance Reconciliation and Development (Cotrad) in collaboration with the Zimbabwe Electoral Commission (Zec) held a series of voter education activities in Masvingo province through v...Published: 26 Apr 2022 at 08:24hrs | 39 | by Cotrad
RBZ suspends Access Forex with immediate effect
THERE is a bloodbath in the financial services sector, with the Reserve Bank of Zimbabwe (RBZ) Monday shutting down yet another foreign currency dealership, Access Forex.The company announced ...Published: 25 Apr 2022 at 18:01hrs | 3731 | by Staff reporter
RBZ initiates think tank to assess banking products
THE Reserve Bank of Zimbabwe (RBZ) has created a think tank to examine new banking products and innovations prior to their launch, to assess their viability.The revelation came a day after the...Published: 25 Apr 2022 at 09:01hrs | 268 | by Staff reporter
Govt plans to woo diaspora investors
GOVERNMENT has tasked Foreign Affairs minister Frederick Shava to come up with a diaspora engagement strategy to woo Zimbabweans who work outside the country to contribute towards economic development...Published: 21 Apr 2022 at 11:35hrs | 180 | by Staff reporter
BREAKING: RBZ bans Innbucks from operating
The Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya has ordered the immediate banning of InnBucks money transfer service over failure to regularise its operations. Mangudya said the order me...Published: 20 Apr 2022 at 18:33hrs | 2424 | by Mandla Ndlovu
Mliswa visits Kariba accident victims
MASHONALAND West Minister of State for Provincial Affairs and Devolution, Mary Mliswa-Chikoka this afternoon visited some of the Kariba accident victims transferred to Chinhoyi Provincial Hospital. ...Published: 20 Apr 2022 at 15:33hrs | 797 | by Staff reporter
REVEALED: How Ramaphosa created Nhlanhla Lux to help win 2024 elections
Nhlanhla Lux Mohlauli, the xenophobic leader of the extremist vigilante group Operation Dudula is a creation of President Matamela Cyril Ramaphosa's faction of the ANC as a joker card that will ...Published: 20 Apr 2022 at 13:58hrs | 4509 | by Mandla Ndlovu
Kombis to return to Egodini month-end, says BCC
THE Bulawayo City Council has expressed optimism that commuter omnibuses, which were removed from Egodini terminus in 2018 to facilitate construction of a mall, will soon return to their former bays b...Published: 20 Apr 2022 at 08:13hrs | 964 | by Staff reporter
Census in jeopardy
THE national 2022 population and housing census which begins tomorrow faces a rocky start after reports emerged that the Zimbabwe National Statistics Agency (ZimStats) failed to pay allowances to enum...Published: 20 Apr 2022 at 08:09hrs | 462 | by Staff reporter
4 people killed in horrific accident
FOUR people died on Monday night after the truck they were traveling in was involved in an accident near Kaburi area in Kariba.The fourth person died on arrival at Kariba hospital while scores...Published: 20 Apr 2022 at 08:06hrs | 338 | by Staff reporter
Hundreds arrested trying to illegally cross Beitbridge Border Post into South Africa
SOUTH Africa's Home Affairs officials together with police and soldiers have arrested hundreds of undocumented foreign nationals at the Beitbridge Border Post at Musina in Limpopo.There has be...Published: 19 Apr 2022 at 06:42hrs | 1992 | by Staff reporter
Tsholotsho villagers hold Gukurahundi memorial service
VILLAGERS in Gombalume, Tsholotsho, held a Gukurahundi memorial service last week where the victims were encouraged to share their experiences with the young to ensure the mass killings are not forgot...Published: 18 Apr 2022 at 10:31hrs | 348 | by Staff reporter
Blocked funds choke NMB
NMBZ Holdings Limited (NMB) registered US$13,4 million debt because of blocked funds with the central bank which it owes to various line of credit providers, it has been revealed.NMB's financi...Published: 18 Apr 2022 at 10:30hrs | 222 | by Staff reporter
Headmaster, deputy arrested over school funds
A headmaster and his deputy from Gamwa primary school in Shurugwi have been arrested for alleged criminal abuse of office involving US$3000.Onias Gadzikwa (46), the acting headmaster and the s...Published: 18 Apr 2022 at 10:25hrs | 165 | by Staff reporter
Egodini developer changes tune
A South African engineering firm that was awarded a tender to turn the Egodini bus terminus into a mall, has scoffed at criticism over its failure to complete the project on time, saying the delays do...Published: 17 Apr 2022 at 09:16hrs | 1563 | by Staff reporter
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