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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 | 423 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 442 | by Staff reporter
Nearly four years on, still no answers to Douglas Munatsi death
IT is now three years and nine months since the tragic and mysterious death of Douglas (Doug) Tawanda Munatsi, yet the Zimbabwe Republic Police (ZRP) and the government of Zimbabwe have offered no off...Published: 22 Aug 2025 at 09:34hrs | 617 | by Eng. Jacob K Mutisi
Tembeka Nicolas Ngcukaitobi, your legal reputation could be on the line!
Having had the Lungu case decided conclusively in court by three judges, a sudden twist of events followed immediately after the ruling. The Lungu family must have prepared themselves for both outcome...Published: 20 Aug 2025 at 21:10hrs | 582 | by Nomazulu Thata
Harare paid millions on roads that don't exist
Harare faces fresh scrutiny after reports revealed that millions of US dollars were paid for the rehabilitation of 43 roads that were never constructed. A 2019 internal audit confirmed that, despite f...Published: 19 Aug 2025 at 12:08hrs | 1004 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 132 | by Staff reporter
Harare working to clear payroll backlogs
The City of Harare has confirmed that it has completed its June payroll and is in the process of finalizing July payments in both Zimbabwe Gold (ZiG) and United States dollars.Speaking at the ...Published: 13 Aug 2025 at 13:01hrs | 207 | 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
NSS clearance delay persists
Zimbabwe's hopes of hosting the Warriors and CAF Champions League representatives Simba Bhora on home soil have been dealt another setback after the Confederation of African Football (CAF) clarified t...Published: 12 Aug 2025 at 08:33hrs | 134 | 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
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 478 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 105 | by Staff reporter
NEC reviews wages for agricultural sector workers
The National Employment Council (NEC) for Zimbabwe's agricultural industry has announced an upward revision of minimum wages and allowances for workers in the sector, effective from June 1, 2025....Published: 04 Aug 2025 at 08:46hrs | 356 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 422 | by Staff reporter
Armed robbers hit 3 Sai Mart Shops in Bulawayo
In a brazen and coordinated operation, a gang of armed robbers hit three Sai Mart retail outlets in Bulawayo on Saturday morning, escaping with over US$4,000 in cash. The suspects were reportedly movi...Published: 26 Jul 2025 at 15:11hrs | 512 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 219 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1554 | by Staff reporter
Villager loses 12 cattle in traditional court ruling
A Mazowe villager, Christopher Chisango, has won a reprieve at the High Court after successfully challenging a traditional court ruling that had ordered him to compensate a fellow villager with 12 cat...Published: 18 Jul 2025 at 08:32hrs | 430 | by Staff reporter
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 536 | by Staff reporter
Police officer arrested over armed gold mine robbery
A serving Zimbabwe Republic Police (ZRP) officer is among ten men arrested in connection with a violent armed robbery at the MMC Mining Syndicate gold mine in Mbire, Mashonaland Central. The raid, whi...Published: 13 Jul 2025 at 11:28hrs | 225 | by Staff reporter
Chivayo taxes shocker
Flamboyant businessman Wicknell Chivayo, one of Zimbabwe's most polarising public figures, has rubbished claims that his bank accounts have been garnished by tax authorities amid reports of a lifestyl...Published: 13 Jul 2025 at 11:07hrs | 713 | by Staff reporter
The Zezuru-Korekore empire died with its founding King, Robert Mugabe
Through astonishing political ignorance, those who claim to be the successors to the Zezuru throan today, Constantino Chiwenga, 1st Vice President of Zimb...Published: 09 Jul 2025 at 06:58hrs | 657 | by Israel Dube
Zimbabwe govt owes SeedCo US$40m
Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...Published: 04 Jul 2025 at 12:38hrs | 204 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 230 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2707 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 217 | by Staff reporter
Harare mayor bemoans state of council buildings
Harare Mayor Councillor Jacob Mafume has expressed deep concern over the deteriorating state of council buildings, urging acting town clerk Engineer Phakamile Mabhena Moyo to take swift action to addr...Published: 25 Jun 2025 at 17:21hrs | 249 | by Staff reporter
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 283 | by Tendai Ruben Mbofana
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 352 | by Tendai Ruben Mbofana
Chamisa's sneak back to politics sparks more infighting
Nelson Chamisa's sneak back to politics has sparked more infighting than inspiration. It feels less like a political revival and more like a kindergarten drama play. Instead of healing the fractured o...Published: 23 Jun 2025 at 14:35hrs | 1747 | by Dereck Goto
Tagwirei emerging from the shadows to succeed Mnangagwa?
On Wednesday evening, wearing full military gear and speaking from an unknown location, Zimbabwean war veteran Blessed Geza announced via live video that ‘they' were planning to impeach President Em...Published: 19 Jun 2025 at 20:57hrs | 3076 | by Christopher Mutambirwa
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 607 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1289 | by Staff reporter
Mnangagwa claims Shared Law School history with Edgar Lungu
President Emmerson Mnangagwa has asserted a personal connection with the late former Zambian President Edgar Lungu, claiming the two were contemporaries at law school.Speaking at the Zambian E...Published: 16 Jun 2025 at 14:44hrs | 106 | by Staff reporter
GMB expands grain collection points
The Government has cautioned farmers against selling their maize and other grains to unscrupulous private buyers offering instant cash at prices far below the official rate, warning that such transact...Published: 13 Jun 2025 at 06:22hrs | 156 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 216 | by Staff reporter
Zimbabwe's grain deliveries surge
The Government has reported a significant increase in grain and oilseed deliveries to the Grain Marketing Board (GMB) for the 2024-2025 summer production season, signalling a positive outlook for nati...Published: 11 Jun 2025 at 13:22hrs | 230 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1062 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2969 | by Staff reporter
Nurses clash with Parirenyatwa over US$150 graduation fee
A storm is brewing at Parirenyatwa Group of Hospitals as graduate nurses demand clarity and flexibility over a mandatory US$150 graduation and administration fee - insisting that being forced to pay i...Published: 03 Jun 2025 at 09:25hrs | 360 | by Staff reporter
Mukuru loses $33,000 to armed robbers
A daring gang of five armed robbers struck at Gains Cash & Carry and Mukuru outlets at Murambinda Growth Point on the night of May 24, making off with a total haul of $11,187 in US dollars and R31...Published: 01 Jun 2025 at 14:53hrs | 691 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 110 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 384 | 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 | 409 | by `
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 206 | 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 | 3822 | by Staff reporter
Gwayi- Shangani Dam completion target in doubt, again
The ambitious Gwayi-Shangani Dam construction project, seen as a critical solution to Bulawayo's chronic water shortage, may not meet its 2025 completion target due to continued delays in the release ...Published: 13 May 2025 at 10:30hrs | 2335 | by Staff reporter
Macheso gets cash from Sangoma
Prominent Glendale traditional healer Sekuru Nyangatayani born Peter Chimbizi splashed US dollars on stage at Shamwari Joe hotel in Mvurwi on Friday.The traditional healer is Macheso's staunch...Published: 11 May 2025 at 08:25hrs | 1710 | by Simbarashe Sithole in Mvurwi
Chiyangwa in court for defrauding Guramatunhu of over US$500k in cryptocurrency
A 31-year-old man from Harare, Lloyd Chiyangwa, appeared before regional magistrate Mr. Donald Ndirowei on Friday, facing fresh money laundering charges after allegedly defrauding prominent eye surgeo...Published: 28 Apr 2025 at 12:17hrs | 245 | by Staff reporter
Court orders company to refund US$552,281 to Fidelity Gold Refinery
The High Court has ordered Curechem Overseas to refund US$552,281 to Fidelity Gold Refinery following a dispute over an agreement to supply small-scale miners with gold chemicals. The ruling comes aft...Published: 24 Apr 2025 at 07:29hrs | 309 | by Staff reporter
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