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Kwekwe doctors' residence project stalls
The reconstruction of the doctor's residence at Kwekwe General Hospital remains stalled due to lack of funding, leaving hospital staff struggling for accommodation nearly four years after a devastatin...Published: 01 Nov 2024 at 06:31hrs | 63 | by Staff reporter
Willowgate linked minister in another scandal involving 'stolen' millions
The High Court has mandated Public Service, Labour and Social Welfare Minister July Moyo and Higher and Tertiary Education Minister Fredrick Shava, who is linked to the Willowgate motor scandal, to re...Published: 30 Oct 2024 at 07:56hrs | 668 | by Staff reporter
One-stop-shop for Victoria Falls road upgrade
The Zimbabwean government has established a one-stop-shop to streamline coordination between key stakeholders and expedite the finalisation of a concession agreement for the rehabilitation of the Beit...Published: 30 Oct 2024 at 07:54hrs | 1131 | by Staff reporter
Zimbabwe ministers convicted for borrowing delinquency
Public Service Minister July Moyo and Higher and Tertiary Education Minister Fredrick Shava have been ordered by the High Court to repay a staggering ZWG206,370,840, which was borrowed from critical s...Published: 29 Oct 2024 at 16:37hrs | 5557 | by Staff reporter
Mnangagwa's govt in soup over unsanctioned US$500m 'loan'
A local citizen, Marvelous Khumalo, has taken the Zimbabwean government to court, demanding the repayment of over half a billion United States dollars allegedly misappropriated through unauthorized bo...Published: 29 Oct 2024 at 07:44hrs | 1072 | by Staff reporter
Zanu-PF to renew talks with Britain over pledge to fund Zimbabwe land reform process
President Emmerson Mnangagwa's party plans to reopen talks with Britain amid faint hopes the former colonial master could reconsider a return to its pledges to contribute financially towards Harare's ...Published: 28 Oct 2024 at 09:50hrs | 406 | by Staff reporter
Zimbabwe sees US$16.3 billion in diaspora remittances over a decade
Zimbabwe has experienced a significant influx of diaspora remittances, totaling US$16.3 billion over the past ten years, as more Zimbabweans living abroad send money back home to support their familie...Published: 28 Oct 2024 at 07:05hrs | 393 | by Staff reporter
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 259 | by Staff reporter
Zimbabwe govt officials accused of land grab at Kanondo
Government officials have been accused of seizing land in the Kanondo area of Matabeleland North, designated for relocating villagers from Lubimbi to make way for the Gwayi-Tshangani Dam catchment are...Published: 25 Oct 2024 at 14:39hrs | 297 | 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 | 4166 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 691 | by Admire Maparadza Dube
US$48 million needed to complete Lake Gwayi-Tshangani by 2025
At least US$48 million is required next year to complete the construction of Lake Gwayi-Tshangani, a crucial water project aimed at alleviating water shortages in Bulawayo and surrounding areas. This ...Published: 21 Oct 2024 at 07:40hrs | 251 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1731 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
George Guvamatanga rules out Zimbabwe exchange-rate convergence
Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at ...Published: 18 Oct 2024 at 08:53hrs | 1695 | by Staff reporter
Zimbabwe will start to pay 444 white farmers after land grabs
Zimbabwe will begin compensating White farmers whose land was seized in 2000 and led to the decimation of agriculture and the economy.The government has cleared 444 former commercial farm owne...Published: 17 Oct 2024 at 09:09hrs | 421 | by Staff reporter
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2508 | by Staff reporter
Over 400 ex-settlers to get compensation
In a significant development for former farm owners, over 400 individuals have been cleared for compensation under the Global Compensation Deed, aimed at addressing losses incurred during Zimbabwe's f...Published: 17 Oct 2024 at 08:59hrs | 184 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 158 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5642 | by Staff reporter
Councillors to get US$75 fixed monthly allowance
In a significant move aimed at addressing rampant corruption within local authorities, Local Government Minister Daniel Garwe has announced a new monthly allowance structure for councillors. Effective...Published: 13 Oct 2024 at 15:52hrs | 410 | by Staff reporter
Mthuli Ncube assures Zimbabweans amid ZiG volatility concerns
Finance Minister Mthuli Ncube has reassured Zimbabweans that there is no cause for alarm regarding potential volatility of the Zimbabwe Gold (ZWG) currency, citing the country's balanced local currenc...Published: 12 Oct 2024 at 11:22hrs | 376 | by Staff reporter
Zinara claims to be liquid to rehabilitate roads
The Zimbabwe National Road Administration (Zinara) has pledged to continue rehabilitating and constructing roads across the country, assuring the public that it has secured sufficient funds for these ...Published: 10 Oct 2024 at 07:48hrs | 527 | by Staff reporter
USD salary rise, bonus for Zimbabwe civil servants
The Treasury has earmarked substantial funds to increase the remuneration of government employees, with a particular focus on raising the US dollar salary component. This move aims to cushion workers ...Published: 06 Oct 2024 at 10:01hrs | 1623 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 164 | 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
Cosatu slams Ramaphosa's 'sellout' GNU government
Long serving ANC alliance partner the Congress of South African Trade Unions (Cosatu) in KwaZulu-Natal has broken ranks, saying the once-ruling party was teetering on the brink of total collapse due t...Published: 27 Sep 2024 at 08:52hrs | 294 | by Staff reporter
'Zimbabwe's feja-feja economics not working'
Major retail shops in Zimbabwe adjusted their exchange rates to ZiG30 per dollar yesterday as the local currency continued to falter, a day after President Emmerson Mnangagwa accused economic "saboteu...Published: 27 Sep 2024 at 08:26hrs | 284 | by Staff reporter
Zimbabwe war heroes' graves in Zambia, Mozambique desecrated
Recent reports have revealed a distressing situation regarding the graveyards of liberation war heroes, particularly those located in Zambia and Mozambique, which have been desecrated as farming activ...Published: 27 Sep 2024 at 08:24hrs | 258 | by Staff reporter
Bulawayo pleads for US$15m stuck at Treasury
Civic society organizations (CSOs) in Bulawayo have called on the Parliament of Zimbabwe to compel the Treasury to swiftly release the remaining funds from a US$15 million allocation requested by the ...Published: 26 Sep 2024 at 10:20hrs | 124 | by Staff reporter
'Mnangagwa's govt sidelining opposition councillors'
Libion Sibanda, the legislator for Tsholotsho North representing the Citizens Coalition for Change (CCC), has voiced serious concerns regarding the exclusion of elected opposition councillors from dev...Published: 26 Sep 2024 at 10:20hrs | 133 | by Staff reporter
MPs call for completion of Lake Gwayi-Tshangani
Parliamentarians and Bulawayo city councillors have commended the progress made by the Second Republic in the construction of Lake Gwayi-Tshangani, a key water infrastructure project aimed at addressi...Published: 26 Sep 2024 at 09:34hrs | 103 | by Staff reporter
Parliament face to face with Bulawayo water woes
Bulawayo's escalating water shortages took center stage yesterday as parliamentarians engaged directly with the dire situation affecting the city. With the water supply dam levels in continuous declin...Published: 25 Sep 2024 at 11:34hrs | 769 | by Staff reporter
Treasury defaults on $6,4m BEAM debt, students risk missing out on exams
More than 532,000 students risk missing out on their final examinations this year after the government's Basic Education Assistance Module (BEAM) debt to the Zimbabwe School Examinations Council (ZIMS...Published: 20 Sep 2024 at 11:18hrs | 305 | by Staff reporter
Mnangagwa's govt paying lip service to ZWG
In a critical assessment of Zimbabwe Gold (ZWG), industry experts predict that the future post-mortem will reveal the government's own policies as the primary culprit behind the currency's struggles. ...Published: 20 Sep 2024 at 08:02hrs | 459 | by Staff reporter
Tshabangu seeks full control amid CCC leadership fight
The Citizens Coalition for Change (CCC) is facing a deepening internal crisis as self-imposed interim secretary-general Sengezo Tshabangu maneuvers to wrest full control of the party from its founding...Published: 19 Sep 2024 at 07:33hrs | 1035 | by Staff reporter
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 408 | by Staff reporter
Mnangagwa's govt blows unbudgeted US$16m
The government incurred significant unbudgeted expenditures earlier this year by providing twin-cab vehicles to chiefs, a move that has placed their parent ministry in a financial deficit, Finance Min...Published: 13 Sep 2024 at 08:12hrs | 1913 | by Staff reporter
Zimbabwe economic saboteurs go after Finance ministry?
Despite the significant strides made by Zimbabwe's Second Republic in reviving the economy and spearheading widespread infrastructural development, detractors continue to work hard to discredit these ...Published: 13 Sep 2024 at 08:01hrs | 651 | by Staff reporter
Pravin Gordhan kicks the proverbial bucket
Pravin Gordhan served as a minister during the state capture years. But he will also be remembered for being among those who pushed back against its architects.Gordhan passed away on Friday at...Published: 13 Sep 2024 at 06:34hrs | 1028 | by Staff reporter
Guvamatanga faces scrutiny over South African properties
George Guvamatanga, the Permanent Secretary of the Ministry of Finance, is under investigation following revelations of his extensive property portfolio in South Africa. This development has raised si...Published: 10 Sep 2024 at 08:25hrs | 10017 | by Staff reporter
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 100 | by Staff reporter
Zimbabwe govt intervenes to end dual pricing
The government is closely monitoring businesses that are manipulating the exchange rate by using black market rates instead of the official ZiG currency rate. This practice undermines the ZiG, which i...Published: 05 Sep 2024 at 17:07hrs | 6030 | by Staff reporter
Harare-Chirundu Highway upgrade works resume
Work on the Harare-Chirundu highway has resumed, with five local contractors - Tensor Systems, Bitumen World, Masimba, Fossil, and Exodus and Company - now actively on-site. These contractors ...Published: 28 Aug 2024 at 09:55hrs | 2138 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 747 | by Staff reporter
Mnangagwa must fire Mthuli, Mushayavanhu & Guvamatanga, says Zanu-PF activist
South African-based Zanu-PF supporter Kudzai Mutisi has urged President Emmerson Mnangagwa to remove Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube, the Ministry's per...Published: 22 Aug 2024 at 14:59hrs | 3794 | by Staff reporter
Zimbabwe treasury defends transit fuel tax
THE new import duty for fuel tankers in transit, paid on entry and refunded on exit, was necessary to curb the abuse of the electronic cargo tracking system, the Permanent Secretary for Finance, Econo...Published: 22 Aug 2024 at 06:28hrs | 238 | 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
Zapu calls for SADC action against Zanu-PF
ZAPU has joined the list of growing organisations concerned about the government's clampdown on citizens ahead of the 44th Southern African Development Community (SADC) Summit in Harare, questio...Published: 13 Aug 2024 at 17:14hrs | 482 | by Staff reporter
Zimbabwe seeks high-net-worth partners for startups fund
Deputy Finance, Economic Development, and Investment Promotion Minister David Mnangagwa has announced that the Treasury is seeking strategic alliances with high-net-worth individuals to operationalize...Published: 05 Aug 2024 at 07:09hrs | 117 | by Staff reporter
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