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RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 16 hrs ago | 867 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 632 | by Staff reporter
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 05 Jun 2025 at 10:07hrs | 77 | by Staff reporter
Ex-RBZ chief Gono to testify In fraud case
Former Reserve Bank of Zimbabwe Governor Gideon Gono is set to appear in court on June 13 as a key witness in a fraud case involving a Harare couple, Clark and Beverly Makoni. The couple stands ...Published: 26 May 2025 at 08:33hrs | 746 | by Staff reporter
Where are the once touted Zupco buses?
As members of the fourth estate, our role is clear: to hold power to account and to speak truth to those entrusted with public resources. Remaining silent in the face of Zimbabwe's ongoing transport c...Published: 24 May 2025 at 11:00hrs | 286 | by Staff reporter
Battle over new NSSA boss intensifies
The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...Published: 14 May 2025 at 15:35hrs | 1307 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2170 | by Staff reporter
Bulawayo court uncovers potential car theft syndicate
A Bulawayo magistrate has denied bail to prominent car dealer and socialite Brighton Chipunza, citing compelling evidence that he poses a flight risk and might interfere with witnesses. Chipunza, who ...Published: 29 Nov 2024 at 07:09hrs | 1312 | by Staff reporter
Zimbabwe ranked among scariest countries to drive in
Zimbabwe has been identified as the third scariest country in the world to drive in, according to a recent survey conducted by Scrap Car Comparison, a UK-based guide website. Scoring 6.9 out of 10, Zi...Published: 24 Oct 2024 at 08:06hrs | 2877 | by Staff reporter
Chitungwiza in door-to-door drive to recover ZiG160m
The Chitungwiza Municipality has initiated a door-to-door exercise aimed at recovering approximately ZW$160 million owed by ratepayers. The program commenced on October 3 and will run until October 17...Published: 07 Oct 2024 at 08:04hrs | 2376 | 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 | 311 | by Staff reporter
Hwange Power Station Unit 8 fault resolved
Zimbabwe's load-shedding is expected to improve following the resolution of a technical fault at Hwange Power Station Unit 8, which is now awaiting synchronization. ZESA Holdings is taking multiple st...Published: 28 Aug 2024 at 15:24hrs | 629 | by Staff reporter
Zimra, Nampak clash over ZW$27bn penalty
Nampak Zimbabwe, a major industrial packaging manufacturer, is contesting hefty penalties imposed by the Zimbabwe Revenue Authority (Zimra), amounting to ZW$26.7 billion. The company attributes this d...Published: 30 Jun 2024 at 18:31hrs | 9 | by Staff reporter
Bulawayo to spend US$10 000 per month to keep tower lights on
The Bulawayo City Council (BCC) is facing a monthly expense of approximately US$10,000 to purchase electricity tokens for tower lights in the city, following their transition to a prepaid system by th...Published: 23 Jun 2024 at 10:33hrs | 8 | by Staff reporter
Econet voice traffic up 47% on AI usage
Econet Wireless Zimbabwe (Econet) credits artificial intelligence (AI) as pivotal in achieving a 47% growth in voice usage during the financial year ending February 29, 2024. Despite a signifi...Published: 08 Jun 2024 at 17:34hrs | 26 | by Staff reporter
Zinara shells ZiG93,9 million to road authorities
The Zimbabwe National Road Administration (Zinara) has disbursed ZiG 93.9 million to road authorities for critical road infrastructure maintenance and development projects across the country.A...Published: 20 May 2024 at 07:45hrs | 18 | by Staff reporter
Mnangagwa's son in destructive gold mining
THE once-pristine and picturesque Boterekwa escarpment in Shurugwi, Midlands province, now stands as a haunting monument to the ravages of human exploitation and destructive gold mining activities by ...Published: 19 May 2024 at 11:51hrs | 147 | by Staff reporter
Open Letter to President Mnangagwa to Commission an Inquiry into Redcliff Municipality
Dear President Mnangagwa, It was with such great pleasure and a long overdue move that we learned of Your Excellency's instituting a Commission of Inquiry into the affairs of the City of Harar...Published: 17 May 2024 at 14:09hrs | 17 | by Tendai Ruben Mbofana
Mnangagwa defends Zimbabwe's new gold-backed currency
President Emmerson Mnangagwa has staunchly defended the newly launched gold-backed ZiG currency, asserting that it exemplifies his government's commitment to harnessing national resources. Mnangagwa m...Published: 12 Apr 2024 at 09:52hrs | | by Staff reporter
US economist mocks Zimbabwe's new currency
United States economist Steve Hanke has derided Zimbabwe's latest currency introduction, the ZiG, asserting that the country's monetary policies resemble a merry-go-round. The ZiG, purportedly backed ...Published: 11 Apr 2024 at 08:50hrs | 2 | by Staff reporter
Zimbabwe banks, service providers successfully configure systems, processes to ZiG
OVER 90 percent of banking institutions and mobile bank service providers have successfully configured their systems and processes in line with the new monetary policy guidelines, paving the way for s...Published: 11 Apr 2024 at 08:39hrs | 3 | by Staff reporter
RBZ pleads for ZiG acceptance as informal traders insist on US dollar
The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to accept the currency for fear it will be w...Published: 10 Apr 2024 at 21:55hrs | | 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
Even Chissano knows Mnangagwa has failed Zimbabwe!
The visiting former Mozambique president Joachim Chissano made a very telling comment yesterday.He alleged that Zimbabwe was experiencing social and economic transformation, putting it ahead o...Published: 09 Apr 2024 at 16:52hrs | 1 | by Tendai Ruben Mbofana
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | 7 | 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 | 4 | 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 | 2 | by Staff reporter
Money changers reject bond notes
Vendors in Harare have ceased accepting bond notes following the introduction of the new currency, the Zimbabwe Gold (ZiG) dollar, despite Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanu's an...Published: 08 Apr 2024 at 10:49hrs | 3 | 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 | 2 | by Staff reporter
Mnangagwa given five days to reverse decision
Zimbabwe National Students Union (Zinasu) co-leaders Nesbert Munyuki and Valentine Ziko have written to President Emmerson Mnangagwa challenging his appointment of top banker John Mushayavanhu as new ...Published: 07 Apr 2024 at 11:27hrs | 20 | by Staff reporter
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 | 20 | by Nelson Chamisa
RBZ boss appointment challenged in court
PRESIDENT Emmerson Mnangagwa's appointment of veteran bank John Mushayavanhu as the new Reserve Bank of Zimbabwe (RBZ) governor has been challenged by two university students, who allege that it contr...Published: 07 Apr 2024 at 10:33hrs | 3 | by Staff reporter
Service providers stop trading in Zimdollars
A MAJORITY of service providers and shops in the country were yesterday rejecting payments in local currency arguing that they were migrating to the new Zimbabwe Gold (ZiG) currency in a development t...Published: 07 Apr 2024 at 10:07hrs | 1 | 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
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 | 2 | by Staff reporter
Zimbabwe's structured currency launch on Friday
IN a bid to address currency volatility and exchange rate-driven inflation badly battering the economy amid arbitrage, the Zimbabwean government will next week launch a "structured currency" which the...Published: 31 Mar 2024 at 20:50hrs | 2 | by Staff reporter
It's easier to topple your mentor than run a country, isn't it Mr. President?
So, this where it has all come to? Those of us in urban areas now live without water and electricity!We are no longer any different from our compatriots in rural Zimbabwe.I may...Published: 31 Mar 2024 at 16:20hrs | 1 | by Tendai Ruben Mbofana
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
'Harare stashing ZWL$2,6b Zinara funds'
HARARE City Council (HCC) officials are allegedly sitting on ZWL$2,6 billion dollars dispatched last year by the Zimbabwe National Road Authority (Zinara) for road works, amid concerns of high levels ...Published: 21 Mar 2024 at 08:46hrs | 1 | by Staff reporter
The Chemist Siziba and Oasis bar story
It is hard to find a patron who would mostly and consistently drink in one bar for 44 years - a whole generation; a lifetime.Yet Chemist Siziba, a local businessman and socialite, did. Before ...Published: 14 Mar 2024 at 17:01hrs | 15 | by Staff reporter
Redcliff council defrauding residents!
It never rains but pours for residents of the small town of Redcliff.We face the dilemma of the proverbial smoking pipe – burnt on one en...Published: 12 Mar 2024 at 07:13hrs | 6 | by Tendai Ruben Mbofana
Government settles $19,2bn BEAM arrears
GOVERNMENT has paid over $19,2 billion to primary schools around the country, to settle 2023 arrears of learners under the Basic Education Assistance Module (Beam).Beam is a national school as...Published: 12 Mar 2024 at 05:11hrs | 4 | by Staff reporter
Mnangagwa's third-term bid gathers pace
THE dolling out of top-of-the-range all-terrain vehicles to 100 chiefs from across the country by the government has raised eyebrows amid revelations that the traditional leaders are being rewarded fo...Published: 11 Mar 2024 at 09:08hrs | | by Staff reporter
Mnangagwa niece's legacy woes haunt ZBC
THE Zimbabwe Broadcasting Corporation (ZBC) is grappling with serious management challenges linked to Helliate Rushwaya - the newly appointed board chair - during her tenure as the acting chief execut...Published: 10 Mar 2024 at 06:51hrs | 25 | by Staff reporter
Mnangagwa keeping Zim dollar to oppress Zimbabweans!
Why is the Zimbabwe government so adamant in holding on to a useless currency?On what logic would anyone believe that it is a good idea to continue using money that loses its value nearly on a...Published: 06 Mar 2024 at 23:33hrs | 1 | by Tendai Ruben Mbofana
Mliswa's daughter denied bail, to remain in custody until trial begins
Temba Mliswa's daughter M'diwa Mliswa Chanetsa, a model, has been arrested on drug charges and has been denied bail by a Harare magistrate. She will remain in custody until March 12th when her trial b...Published: 29 Feb 2024 at 06:56hrs | 5 | by Staff reporter
American economist wants Professor Mthuli Ncube to resign
American economist Steve Hanke has called for Finance Minister Mthuli Ncube to step down and acknowledge his failure in addressing Zimbabwe's economic woes.Hanke's remarks come in light of Zim...Published: 27 Feb 2024 at 04:48hrs | 3 | by Staff reporter
Zinara tightens screws on road contractors
THE Zimbabwe National Road Administration (Zinara) has tightened its screws on companies contracted by the government to rehabilitate national roads after some companies were blamed for substandard wo...Published: 24 Feb 2024 at 15:13hrs | 3 | by Staff reporter
WATCH: Matanga bemoans ZRP uniform, plans overhaul
The Zimbabwe Republic Police boss, Commissioner General Godwin Matanga has expressed discomfort with officers' STU caps, describing them (the STU cap) as the Achilles heel on the force's intention to ...Published: 22 Feb 2024 at 17:33hrs | 122 | by Gideon Madzikatidze/Simbarashe Sithole
'54% Zimbabweans unemployed'
ONLY 46,3% of Zimbabwe's working age population are employed, the Zimbabwe National Statistics Agency (ZimStat)'s latest figures have revealed.In its 2023 fourth quarter labour force survey, Z...Published: 21 Feb 2024 at 07:17hrs | 2 | by Staff reporter
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