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'Dembare hires pastors not sangomas'
Dynamos Chairman Moses Maunganidze has firmly rejected claims that the club engaged a sangoma before their match against archrivals Highlanders. Reports suggested that Dynamos paid USD$1,000 to a witc...Published: 20 Jul 2024 at 12:03hrs | 110 | by Staff reporter
Cyprus-based miner impressed by Karo project in Zimbabwe
Tharisa Plc, a Cyprus-based miner, has reported significant progress at its Zimbabwean operations with increased output across all facets. The company, integral to the energy transition and decarbonis...Published: 15 Jul 2024 at 08:29hrs | 169 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 47 | by Staff Reporter
USD10 million NSSA heist thwarted
The Ministry of Public Service, Labour, and Social Welfare has decisively thwarted an attempt by the National Social Security Authority (NSSA) chair Emmanuel Fundira, in collaboration with executives ...Published: 10 Jul 2024 at 14:55hrs | 15 | by Staff reporter
ZEC scandal gobbles USD100 million
The Zimbabwe Electoral Commission (Zec) tender scandal, initially estimated at US$40 million, has now ballooned to involve over US$100 million in public funds. This massive sum was misappropriated thr...Published: 10 Jul 2024 at 08:20hrs | 8 | by Staff reporter
Bleak outlook for Zimbabwe's consumers
Inter Horizon (IH) Securities, a prominent financial services firm, has released a sobering report on Zimbabwe's consumer spending patterns for 2024. The analysis paints a bleak picture, attributing t...Published: 07 Jul 2024 at 10:58hrs | 1 | by Staff reporter
Bulawayo blames Apostolic churches for erratic rainfall patterns
WHILE changes in climate patterns are blamed for altering local weather patterns and potentially contributing to changes in rainfall across the country, a revelation about what specifically affects ra...Published: 05 Jul 2024 at 11:44hrs | | by Staff reporter
BCC forges ahead with Khami Dam water plan
The Bulawayo City Council (BCC) is set to release results of a pre-feasibility study on wastewater reuse as part of efforts to address the city’s severe water crisis. The council considers recycling...Published: 04 Jul 2024 at 09:25hrs | 2 | by Staff reporter
Zimbabwe in top five Bitcoin markets
Zimbabwe has emerged as one of the top five African nations embracing Bitcoin and other digital currencies, according to a report by Equity Axis. This finding coincides with recent efforts by Zimbabwe...Published: 30 Jun 2024 at 18:30hrs | 1 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | | by @Jamwanda2 on Saturday
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 2 | by Staff reporter
Chimombe, Mpofu locked up over botched Presidential Goat Scheme
Mike Chimombe and Moses Mpofu, controversial businessmen, have been remanded to prison pending their bail determination after appearing before Harare magistrate Marewanazvo Gofa. The court upheld the ...Published: 27 Jun 2024 at 06:59hrs | 20 | by Staff reporter
Goats tender Mpofu speaks out
Moses Mpofu, a businessman associated with Blackdeck (Private) Limited, has clarified that his company received US$4.3 million (RTGS1.6 billion) under the controversial Presidential Goats Scheme in 20...Published: 25 Jun 2024 at 13:11hrs | 8 | by Staff reporter
Babra Rwodzi slams lies peddled against Mnangagwa's wife
The Ministry of Tourism and Hospitality Industry has strongly denied allegations by some media outlets that First Lady Dr. Auxillia Mnangagwa is profiting from the sale of the national fabric. ...Published: 20 Jun 2024 at 07:21hrs | | by Staff reporter
Inter-Ministerial committee formed to combat drug abuse in Zimbabwe
The Ministry of Home Affairs and Cultural Heritage, led by Hon. Kazembe Kazembe, has established an Inter-Ministerial Committee to address drug and substance abuse in marginalized communities. ...Published: 18 Jun 2024 at 17:44hrs | | by Tonderai Ndoro
Man loses car at betting house
Police are investigating two separate cases involving theft of motor vehicles which occurred in Gweru Central Business District (CBD) and Zvishavane on June 01 2024.Midlands Provincial Police ...Published: 15 Jun 2024 at 12:43hrs | 5 | by Staff reporter
Statement on voice messages circulating on social media
It has been brought to my attention that there are voice messages purportedly being attributed to me which are circulating on various social media platforms. In these 'voice notes' I am alleged to hav...Published: 12 Jun 2024 at 13:33hrs | 1 | by Madzibaba Wicknell Munodaani Chivayo
USA 'not running away' from Zimbabwe as suggested by Mnangagwa
The United States says it has not abandoned Zimbabwe contrary to President Emmerson Mnangagwa's remarks in Russia that America is currently strongly supporting Zambia and Malawi to spite Zimbabwe wher...Published: 12 Jun 2024 at 06:53hrs | | by Staff reporter
Sangoma in soup over fake money in Zimbabwe
Misheck Ncube, a Bulawayo traditional healer, faced court charges for possessing counterfeit USD and South African Rand notes at his Cowdray Park residence. Allegedly, Ncube deceived clients d...Published: 06 Jun 2024 at 08:03hrs | | by Staff reporter
Zinara loses US$74.5k for undelivered vehicles
In 2017, the Zimbabwe National Road Authority (ZINARA) lost US$74,500 to Duly's Motors, who did not deliver vehicles paid for. Additionally, a transformer worth $3,720 was not delivered by ano...Published: 04 Jun 2024 at 13:50hrs | | by Staff reporter
Zimbabwe's public service workers to pay pension in foreign currency
The Treasury has announced that all public service workers earning in foreign currency must now make their pension contributions in the same currency, starting this year, as per the directive from the...Published: 03 Jun 2024 at 09:31hrs | 17 | by Staff reporter
ZiG slows price increases in Zimbabwe
The Famine Early Warning Systems Network (FewsNet) reports that despite the introduction of the Zimbabwe Gold (ZiG) currency, which has brought some stability, prices in United States dollars (USD) re...Published: 03 Jun 2024 at 08:29hrs | | by Staff reporter
Drought-hit Zimbabwe raises aid appeal to 3.3 bln USD
Zimbabwe raised its aid appeal to 3.3 billion U.S. dollars on Monday, up from the initial 2.2 billion dollars announced last month to cater to 60 percent of the country's population that will be food ...Published: 28 May 2024 at 10:16hrs | | by Staff reporter
ZiG to join global currency club with ISO Code
The Reserve Bank of Zimbabwe (RBZ) is in the process of applying for an International Organisation for Standardisation (ISO) code for the Zimbabwe Gold (ZiG) as it moves to make the unit a standalone ...Published: 23 May 2024 at 19:25hrs | | by Tafara Shumba
'Forex dealer' granted bail
Rangarirai Chimbamba, an alleged illegal foreign currency dealer, has been granted bail by the Harare High Court.According to the National Prosecuting Authority of Zimbabwe (NPAZ), Chimbamba h...Published: 21 May 2024 at 08:16hrs | | by Staff reporter
Zimra workers lament poor salaries
Zimbabwe Revenue Authority (ZIMRA) employees, including those stationed at border posts where they face the temptation of bribes, have declared incapacitation due to their inadequate salaries. These w...Published: 20 May 2024 at 07:56hrs | 1 | by Staff reporter
Econet launches mobile phone insurance
Econet Insurance, a leader in innovative short-term insurance solutions, has launched a new package covering mobile phone damage. Named Moovah Mobile Phone Insurance, the package was developed in resp...Published: 18 May 2024 at 11:00hrs | | by Staff reporter
It never rains but, it pours for Zimbabwe's economy
For over ten years, Zimbabwe has struggled with its currency. Since 2008, this is the nation's sixth attempt to introduce a new one, the ZiG.Zimbabwe's central bank introduced the Zimb...Published: 18 May 2024 at 10:58hrs | 21 | by Dickson Chikwizo
ZiG needs to be backed by RBZ discipline
According to the Reserve Bank of Zimbabwe (RBZ), a structured currency is a currency that is pegged to a specific exchange rate or currency basket and backed by a bundle of foreign exchange assets lik...Published: 16 Apr 2024 at 18:04hrs | | by Zimbabwe Coalition on Debt and Development
Cop sentenced to 3 months in prison for culpable homicide
A POLICE officer was sentenced to three months in prison for culpable homicide and failing to report an accident.In a statement, the National Prosecuting Authority of Zimbabwe said the inciden...Published: 16 Apr 2024 at 07:51hrs | | by Staff reporter
Mnangagwa wants Zimbabweans to 'embrace, defend the ZiG'
Sustainable economic development can only be achieved through the use of a local currency which will stimulate economic growth and guarantee stability, President Mnangagwa has said.This follow...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
ZiG Currency: Catalyzing Zimbabwe's Middle-Income Pursuit - Empowering Economic Well-being
Zimbabwe has taken a crucial step in revitalizing the economy and instilling trust in the financial sector by introducing the groundbreaking Zimbabwean Gold-backed Dollar (ZiG) as the official replace...Published: 10 Apr 2024 at 22:17hrs | | by Elvis Dzvene
Zimbabwe finds a way to turn paper into gold long live Gushungo!!!
Money, the market, free enterprise, free trade, law, and justice, among others - existed in other forms before the colonialists introduced paper currency. The natives had their own functional institut...Published: 09 Apr 2024 at 16:58hrs | 1 | by Sam Wezhira
Chissano meets Mnangagwa over debt clearance program
Former President of Mozambique, Joaquim Chissano, paid a visit to President Emmerson Mnangagwa on Monday to address political and socio-economic concerns affecting Zimbabwe. Chissano, who serv...Published: 09 Apr 2024 at 06:25hrs | | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 2 | by Staff reporter
Zimswitch, EcoCash roll out new currency
FOLLOWING the unveiling of the new currency last Friday, the country's sole national payments platform and clearing house, Zimswitch, yesterday announced that it had completed the rollout of the ZiG p...Published: 09 Apr 2024 at 06:18hrs | | by Staff reporter
Zimbabweans urged to have confidence in new currency
Measures announced by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu in his maiden monetary policy statement on Friday should go a long way in containing prices and reducing inflation, a...Published: 08 Apr 2024 at 10:43hrs | | by Staff reporter
Half ZiG and coins to start circulating on April 30
The Reserve Bank of Zimbabwe (RBZ) in the 2024 Monetary Policy Statement introduced a new "structured currency" termed ZiG (Zimbabwe Gold) on April 5. A "structured currency" is a currency tha...Published: 07 Apr 2024 at 21:08hrs | | by Staff reporter
Dear Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu
Dear Reserve Bank of Zimbabwe, 1. Please hire a Comms team ASAP. 2. Part of fostering confidence is having timely, reliable, and accessible means of informing the public in advance of ...Published: 07 Apr 2024 at 11:21hrs | | by Anonymous
Zimbabwe needs political change, not currency change
ZIMBABWE NEEDS POLITICAL CHANGE NOT A CURRENCY CHANGE.... A currency is a bundle of trust and confidence. A currency is not a currency without confidence and value. Money represents a collecti...Published: 07 Apr 2024 at 11:02hrs | 1 | by Nelson Chamisa
How Mushayavanhu just removed zeroes from dying currency
Reserve Bank of Zimbabwe governor John Mushayavanhu has issued his maiden monetary policy statement, bringing with him a new gold-backed currency and promises to end the money-printing that tanked the...Published: 07 Apr 2024 at 10:19hrs | | by Staff reporter
Econet platforms switch to new currency
ECONET Wireless Zimbabwe yesterday suspended trading in Zimbabwe dollars to facilitate the changeover to the new ZiG currency on its various product platforms.The ZiG was unveiled on Friday wh...Published: 07 Apr 2024 at 10:14hrs | | by Staff reporter
Econet announces preps for changeover from Zimdollar to ZiG
Econet Wireless Zimbabwe has announced that it has suspended trading in the ZWL currency as it works to configure the changeover from ZWL to the new ZiG currency on its various product platforms. ...Published: 07 Apr 2024 at 10:08hrs | | by Staff reporter
Anti-Zimbabwe economist says ZiG is old wine in new bottles
Prominent Zimbabwean economist and financial analyst Professor Gift Mugano says the new local currency launched today - unimaginatively named Zimbabwe Gold (ZiG) amid noisy claims by government offici...Published: 06 Apr 2024 at 13:20hrs | | by Staff reporter
EcoCash suspends ZWL transaction
EcoCash, Zimbabwe's dominant mobile money group, has suspended ZWL transactions on its platform.EcoCash advised its clients through a customer note posted on social media.Said EcoCash, "Du...Published: 06 Apr 2024 at 08:31hrs | | by Staff reporter
Here is how to convert your Zimdollar balances to Zimbabwe Gold (ZiG)
To convert your ZWL balances to ZiG, the formula is dividing the interbank forex rate conversion into ZWL by the foreign currency exchange rate into ZiG given on any day within the 21 days period....Published: 05 Apr 2024 at 21:49hrs | | by Staff reporter
Zimbabwe central bank summons Bank CEOs
The Reserve Bank of Zimbabwe (RBZ) has summoned chief executives of key financial institutions, specifically banks, for a meeting tomorrow morning ahead of the much-anticipated launch of a new currenc...Published: 04 Apr 2024 at 10:29hrs | | by Staff reporter
Revised Starlink Policy for Sustainable Growth - A dedication to Eng. Chemist Siziba
Honorable Minister of Information Communication Technology, Postal and Courier Services, all protocols observed, please receive a request from a group of ...Published: 23 Mar 2024 at 07:04hrs | | by Robert Ndlovu
Army Colonel in court for theft
A HARARE woman who masqueraded as a Zimbabwe National Army colonel and defrauded people of cash together with her husband has appeared in court.Anyway Mauru appeared before Harare magistrate M...Published: 22 Mar 2024 at 11:22hrs | | by Staff reporter
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