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'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 | 267 | 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 | 170 | 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 | 492 | 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 | 570 | 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 | 2636 | 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 | 1601 | 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 | 1211 | 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 | 9591 | 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 | 732 | 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 | 721 | 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 | 739 | 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 | 5327 | 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 | 3404 | 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 | 1194 | 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 | 764 | 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 | 6183 | 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 | 6035 | 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 | 693 | 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 | 511 | 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 | 1143 | 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 | 890 | 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 | 296 | 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 | 5 | 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 | 11 | 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 | 1 | 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 | | 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 | | 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 | 2 | 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 | 11 | by Staff reporter
Zera, police raid illegal gas dealers
AT LEAST 250 liquefied petroleum gas (LPG) dealers were last year arrested for illegally selling the fuel in a joint operation involving the Zimbabwe Energy Regulatory Authority (Zera), police and the...Published: 07 Mar 2024 at 05:09hrs | 6 | by Staff reporter
Mnangagwa to launch rail fibre optic project
PRESIDENT Mnangagwa is expected to launch the second phase of the National Rail Fibre Optic Project today in Somabhula on the outskirts of Gweru, Midlands Province, as the country scales up the moment...Published: 07 Mar 2024 at 05:05hrs | 4 | by Staff reporter
Mthuli Ncube issues chilling warning over sugar tax-linked price hikes
Finance Minister Mthuli Ncube has issued a firm warning to traders engaging in unjustified price hikes on sugary beverages, arguing that the officially gazetted tax thresholds do not warrant such exce...Published: 28 Feb 2024 at 06:31hrs | 5 | by Staff reporter
Zimbabwe treasury exposes abuse of sugar tax for profiteering
GOVERNMENT has condemned the abuse of the Beverages Sugar Content Tax and other tariff measures by some businesses that deliberately misinterpret clear policy propositions for profiteering while unjus...Published: 28 Feb 2024 at 06:27hrs | | by Staff reporter
Zimbabwe suffers US$6,8 billion trade gap
ZIMBABWE has operated in negative trade deficit of US$6,8 billion for the last four years, a trend which is unsustainable in the long run according to Buy Zimbabwe, a campaign outfit that advoca...Published: 25 Feb 2024 at 07:21hrs | 2 | by Staff reporter
Zimbabwe fights illegal settlers on state land 'sold' after being repossessed from white farmers
Two decades after a disastrous attempt at land reform, which drove out more than 400 white commercial farmers, the Zimbabwean government is fighting illegal settlers on state land handed out by tradit...Published: 21 Feb 2024 at 07:22hrs | 14 | by Staff reporter
Zanu-PF MPs shower praises on Mnangagwa
Zanu-PF legislators have been praising President Emmerson Mnangagwa's State of the Nation Address (Sona), which painted a rosy picture of the country's fortunes despite the deteriorating socio-economi...Published: 12 Feb 2024 at 13:54hrs | 1 | by Staff reporter
Buy Zimbabwe lauds duty return on essential goods
Buy Zimbabwe has welcomed the Government's recent decision to reinstate import duties on essential goods as a positive development that will create a more level playing field for domestically produced...Published: 07 Feb 2024 at 04:40hrs | 1 | by Staff reporter
Buy Zimbabwe welcomes positive move on imports
BUY Zimbabwe has said the Government's recent decision to reinstate import duties on basic commodities was a progressive development that will contribute to a fairer competitive landscape for domestic...Published: 06 Feb 2024 at 17:49hrs | | by Staff reporter
BCC to reverse decision to close 5th Avenue market
THE Bulawayo City Council (BCC) will this week deliberate on a move that is likely to see the reversal of a resolution to shut down vending activities along 5th Avenue and opening the road to vehicula...Published: 04 Feb 2024 at 17:35hrs | 1 | by Staff reporter
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | 4 | by Staff reporter
Power Sales redefines infrastructure and strategy with market-leading technology
Power Sales, a leading wholesale clothing retail chain in Zimbabwe, had to completely revamp its systems, strategies and infrastructure in 2019. A new management team wanted to use the opportunity to ...Published: 25 Jan 2024 at 08:14hrs | 97 | by Charlote Hlangwane
Zimdollar further tumbles against US dollar
The cost of goods and services keeps on increasing in Zimbabwe as the local currency depreciates against the U.S. dollar, a trend that accelerated at the beginning of 2024.The local dollar, which ...Published: 18 Jan 2024 at 17:52hrs | | by Staff reporter
Motswana thief causes mayhem in Zimbabwe
A suspected thief from Botswana Chakalasi Zwimbili (27) together with his Zimbabwean colleague Lucky Ncube allegedly gave wholesalers in Matebeleland torr...Published: 11 Jan 2024 at 21:47hrs | 1 | by Simbarashe Sithole
Zimbabwe exempts VAT on basic goods amid price hike concerns
The Zimbabwean government has revised taxes on basic goods, which were introduced in the 2024 national budget, amid rising price hike concerns.In a statement on Monday night, Zimbabwe's Minist...Published: 10 Jan 2024 at 05:57hrs | 8 | by Staff reporter
Mealie-meal shortage artificial
MEALIE-MEAL stock-outs in retail outlets witnessed over the last few weeks were a result of "logistical challenges" that were being faced by local milling companies, which have since been resolved and...Published: 07 Jan 2024 at 17:37hrs | 6 | by Staff reporter
'Mnangagwa's govt has agreed to suspend decisions on retail and VAT'
The government may suspend its unpopular decisions on trading and Value Added Tax to give time for talks with businesses, according to a leading industry group.Finance Minister Mthuli Ncube an...Published: 07 Jan 2024 at 17:33hrs | 14 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 11 | by Staff reporter
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