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In memory of Sam Nujoma: A patriot who built Namibia while his fellow liberators turned into tyrants
It's another sad day for Africa! The death of Namibia's founding president, Sam Nujoma, at the age of 95 years, marks the passing of a man whose legacy transcends national borders. A r...Published: 10 Feb 2025 at 23:02hrs | 337 | by Tendai Ruben Mbofana
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 392 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1627 | by Staff reporter
Mnangagwa returns from annual leave
President Emmerson Mnangagwa has officially resumed his duties after a month-long annual leave, with a clear focus on addressing Zimbabwe's economic growth and stability. Deputy Chief Secretary in the...Published: 05 Feb 2025 at 11:46hrs | 81 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1014 | by Tendai Ruben Mbofana
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2021 | by Staff reporter
Zimbabwe tightens noose on informal sector
The government has announced stringent measures aimed at protecting the formal sector from what it describes as unfair competition posed by informal traders.In a statement released on Friday f...Published: 01 Feb 2025 at 08:56hrs | 623 | by Staff reporter
Pay back US$38 500, businessman ordered
A Kwekwe businessman, James Paradza (46), has been convicted of theft after defrauding Bhola Hardware City of cellphones and accessories worth US$38,500. The ruling was delivered after a full trial be...Published: 31 Jan 2025 at 07:26hrs | 498 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1077 | by Staff reporter
Zimbabwe govt tightens screws on smuggling rings
The Zimbabwean government has intensified its efforts to combat smuggling with the introduction of new regulations targeting 19 categories of goods often brought into the country illegally. The measur...Published: 28 Jan 2025 at 07:00hrs | 202 | by Staff reporter
Zimbabwe's retail sector faces collapse
The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and ...Published: 27 Jan 2025 at 08:16hrs | 381 | by Staff reporter
Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 83 | by Staff reporter
Branch manager disappears with US$35,390
A shocking scandal has unfolded in Victoria Falls after a trusted 23-year-old branch manager allegedly made off with a staggering US$35,390, funds that were intended for deposit into a wholesaler's ba...Published: 31 Dec 2024 at 13:41hrs | 103 | by Staff reporter
Raj Modi brings Christmas cheer to the elderly
In a heart-warming display of generosity, Industry and Commerce Deputy Minister Raj Modi yesterday brightened the lives of 100 elderly residents from various suburbs in Bulawayo. Through his annual fe...Published: 23 Dec 2024 at 05:47hrs | 199 | by Staff reporter
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 701 | by Staff reporter
Zimbabwe fuel retailers urged to renew licences
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a reminder to businesses selling fuel and liquid petroleum gas to ensure their licences are renewed on time, emphasizing that those with lice...Published: 06 Dec 2024 at 06:29hrs | 219 | by Staff reporter
'Let us root our corruption,' said Mnangagwa. Never happen now Zanu PF and CCC are partners in crime
When he assumed power following the 2017 military coup Mnangagwa promised "zero tolerance of corruption" and we all know that corruption has gone into overdrive since then. Every so often he has admit...Published: 28 Nov 2024 at 15:04hrs | 271 | by Wilbert Mukori
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
Contraceptive pills recalled in South Africa after mix-up
Regulators in South Africa have recalled a batch of the popular Yaz Plus contraceptive pill, after a packaging mix-up which means the contraception could be potentially ineffective.Manufacture...Published: 22 Nov 2024 at 18:50hrs | 497 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 597 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2646 | by Wilbert Mukori
Zimbabwe police close in on suspects in US$4.4 million Bulawayo heist
Police have made significant strides in their investigation of the US$4.4 million armed robbery in Bulawayo last month, believed to be the largest bank heist in Zimbabwe since independence.Six...Published: 16 Nov 2024 at 14:24hrs | 1614 | by Staff reporter
Robbers keep targeting Zimbabwe banks
Police have launched a manhunt for four suspected robbers who, armed with machetes and axes, raided a financial institution in the Mumvuri area of Shurugwi early Saturday morning. The gang made off wi...Published: 24 Oct 2024 at 13:12hrs | 1216 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9615 | by Staff reporter
Mbare fire evidence disappears
Investigations into the cause of the devastating fire that engulfed Mbare Musika last week have reportedly stalled as vendors rushed to clean up and reclaim the affected space, NewsDay has learned. Th...Published: 17 Oct 2024 at 13:26hrs | 866 | by Staff reporter
Of all the don'ts, send Mnangagwa begging UNGA for US$5.8b food aid for SADC; he's eyeing 'pound of flesh' cut for himself
Of all the SADC leaders to be begging for food aid on behalf of SADC, Emmerson Mnangagwa would be the last leader anyone would choose to do it!"President Emmerson Mnangagwa has taken the...Published: 17 Oct 2024 at 12:38hrs | 722 | by Wilbert Mukori
Mnangagwa declares State of Disaster after Mbare market fire
President Emmerson Mnangagwa has declared a State of Disaster following the devastating fire that tore through Mbare Traders Market on October 8, 2024. The fire, which raged for hours before being ext...Published: 15 Oct 2024 at 14:00hrs | 743 | by Staff reporter
Zimbabwe US$4 million heist suspects named
Police have enlisted the assistance of Interpol to help track down six armed robbers involved in a daring bank heist in Bulawayo last week, in which the gang made off with over US$4.4 million. Authori...Published: 10 Oct 2024 at 12:59hrs | 5371 | by Staff reporter
Zimbabwe police to fish out US$4m heist criminals from South Africa
Police have enlisted the help of Interpol to track down six armed robbers who made off with over US$4.4 million in a daring bank heist in Bulawayo last week. The robbers, believed to be local criminal...Published: 10 Oct 2024 at 07:42hrs | 3419 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1202 | by Staff reporter
Of all the don'ts, send Mnangagwa begging UNGA for US$5.8b food aid for SADC; he’s eyeing 'pound of flesh' cut for himself
Of all the SADC leaders to be begging for food aid on behalf of SADC, Emmerson Mnangagwa would be the last leader anyone would choose to do it!"President Emmerson Mnangagwa has taken the...Published: 27 Sep 2024 at 23:01hrs | 768 | by Wilbert Mukori
Zimbabwe central bank bites back
This year, authorities in Zimbabwe have recorded over 1,100 cases of debit card abuse linked to backstage black market dealers, highlighting the ongoing challenges of a protracted currency crisis. The...Published: 20 Sep 2024 at 09:35hrs | 6196 | 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 | 6040 | by Staff reporter
Tout kills colleague over route dispute
A Bindura-based tout is in soup after he allegedly stoned his colleague to death over a route dispute.Philip Kudzai Tekesa (21) was dragged to Bindura magistrates courts today facing a murder ...Published: 21 Aug 2024 at 14:02hrs | 694 | by Simbarashe Sithole
Mugabe never acted like a maniac as Sadc and AU Chair
I am still struggling to wrap my head around this madness. What is it about hosting a SADC heads of state and government meeting in Zimbabwe that can drive the host leader to go off the rails?...Published: 05 Aug 2024 at 16:56hrs | 512 | by Tendai Ruben Mbofana
Standard Chartered Bank Zimbabwe changes name
FBC Holdings has officially renamed its newly acquired Standard Chartered Bank to FBC Crown Bank, according to regulatory authorities. FBC Crown Bank will function semi-autonomously as a subsi...Published: 04 Aug 2024 at 15:19hrs | 1146 | by Staff reporter
Mnangagwa should know that demonstrations at international events are nothing new
First of all, let's get one thing straight.There is a huge difference between a demonstration and a riot.I felt that I needed to clarify a misconception that, in my book, has been deli...Published: 02 Aug 2024 at 10:40hrs | 892 | by Tendai Ruben Mbofana
Man captured on CCTV stealing sweets from supermarket
Praise Kangande appeared before the Karoi Magistrate Court for stealing two packs of sweets valued at US$7 from Harare Inn Wholesale on June 26. According to the National Prosecuting Authority...Published: 04 Jul 2024 at 09:32hrs | 2 | by Staff reporter
Manufacturing sector on the rise in Zimbabwe
Zimbabwe's manufacturing sector is experiencing a significant resurgence, with capacity utilization surging to 53.2 percent, driven by growth in food, tobacco, cotton, leather, timber, furniture, phar...Published: 10 Jun 2024 at 14:03hrs | 312 | by Tonderai Ndoro
RBZ freezes 522 accounts for violating exchange control regulations
The Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has frozen 522 bank accounts and fined 140 entities and individuals for violating exchange control regulations, as part of efforts to d...Published: 09 Jun 2024 at 09:08hrs | 8 | by Staff reporter
Bulawayo firms shine at ZNCC awards
At the Zimbabwe National Chamber of Commerce (ZNCC) 2024 Matebeleland Annual Business Awards, Mr. George Kudya of Star Distributors emerged as the star of the night, winning both the Overall Winner an...Published: 09 Jun 2024 at 09:07hrs | 14 | by Staff reporter
Zimbabweans being sold expired, underweight goods
Over a thousand businesses have been charged with selling expired and underweight goods, among other offenses, according to the Industry and Commerce Ministry.Most of the semi-formal shops wer...Published: 18 May 2024 at 10:55hrs | 4 | by Staff reporter
Mthuli Ncube pleads for patience on ZiG
FINANCE minister Mthuli Ncube has pleaded for patience with the recently introduced Zimbabwe Gold (ZiG) currency amid an uproar from the public over the disruptions it has caused to transactions....Published: 12 Apr 2024 at 09:51hrs | 1 | by Staff reporter
'Increase in sugar prices unwarranted'
THE Confederation of Zimbabwe Retailers (CZR) has expressed concern over speculative pricing of sugar on the local market.In a statement yesterday, CZR president Denford Mutashu said the recen...Published: 12 Apr 2024 at 09:49hrs | | by Staff reporter
Retailers, service providers switch to ZiG prices
SEVERAL businesses and key service providers had by yesterday successfully converted prices of their goods and services to the new Zimbabwe Gold (ZiG) currency to ensure smooth consumer transactions....Published: 10 Apr 2024 at 06:02hrs | 1 | by Staff reporter
Zimbabwe is a failed state in dire need of democratic reforms. We must stop Mnangagwa 'cementing' the dictatorship
Dictators live in their own cloud cuckoo-land world in which they, characteristically, see and hear only what THEY want to see and hear. It is no surprise therefore that Mnangagwa's Zimbabwe is now at...Published: 28 Mar 2024 at 22:49hrs | 4 | by Wilbert Mukori
Zimbabweans turn to medicinal herbs
PEOPLE are flooding traditional herbal markets, as prices of prescription drugs spike and the public health delivery system deteriorates at an alarming rate under pressures from a relentless economic ...Published: 24 Mar 2024 at 18:15hrs | 6 | by Staff reporter
Basics disappear from Zimbabwe shop shelves
ZIMBABWEAN retailers are struggling to restock locally produced goods using the local unit as manufacturers and wholesalers are turning them away in favour of those that pay in the United States dolla...Published: 15 Mar 2024 at 07:19hrs | 17 | by Staff reporter
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