Search / Zw$50
Econet doubles its tariffs
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) doubled its data bundles.50-gigabyte wi-fi now costs whopping ZW$1 012 212, up from...Published: 24 Oct 2023 at 13:35hrs | | by Staff reporter
Zimbabwe central bank must consider introducing a ZW$500 000 note
This week, a prominent price monitoring thinktank emphasized the need for the Reserve Bank of Zimbabwe (RBZ) to contemplate the introduction of a ZW$500,000 note as the Zimbabwean currency continues t...Published: 22 Oct 2023 at 14:06hrs | 1 | by Staff reporter
Zimbabweans rejects Mbuya Nehanda note as inflation soars
Vendors and some retailers in Harare are now refusing to accept the ZW$50 banknote introduced in 2021 by Reserve Bank of Zimbabwe (RBZ) Governor John Mangudya. This refusal is unsurprising as the note...Published: 05 Oct 2023 at 19:50hrs | 2 | by Staff reporter
Zimbabwe set to introduce Gold Backed Digital Tokens for daily transactions
THE Reserve Bank of Zimbabwe (RBZ) says plans have now reached an advanced stage to introduce the Gold Backed Digital Tokens (GBDT) as a medium of exchange to be by the public in daily transactions....Published: 11 Aug 2023 at 06:38hrs | 8 | by Staff reporter
Zimra employees plot a crippling strike
THE Zimbabwe Revenue Authority (ZIMRA) has moved to avert a looming strike amid allegations that top management staffers are creaming off lucrative US$ allowances at a time ordinary workers are wallow...Published: 05 Aug 2023 at 19:43hrs | 8 | by Staff reporter
Public wage bill balloons 3 times ahead of key Zimbabwe elections
ELECTION-related spending by the Zimbabwean government is going through the roof as President Emmerson Mnangagwa goes for broke, spending public funds like confetti at a wedding to retain his position...Published: 02 Jul 2023 at 17:30hrs | 11 | by Staff reporter
Zanu-PF unleashes terror in the Midlands, says CCC
CITIZENS' Coalition for Change (CCC) Midlands leadership has accused Zanu-PF's shadowy group Forever Associates Zimbabwe (Faz) of leading a terror campaign against opposition supporters in Chirumanzu ...Published: 26 Jun 2023 at 19:46hrs | | by Staff reporter
Zanu-PF's crisis meeting betrays vote uncertainty
Zanu-PF held a stormy crisis meeting at the party's headquarters in Harare on Tuesday this week, the day before the nomination court sat, to plead with disgruntled members who lost in the primary elec...Published: 25 Jun 2023 at 18:24hrs | 10 | by Staff reporter
Zanu-PF unleashes terror in the Midlands, claims Chamisa's CCC
CITIZENS' Coalition for Change (CCC) Midlands leadership has accused Zanu-PF's shadowy group Forever Associates Zimbabwe (Faz) of leading a terror campaign against opposition supporters in Chirumanzu ...Published: 20 Jun 2023 at 18:38hrs | | by Staff reporter
Econet increases tariffs again
ECONET Wireless Zimbabwe, the country's largest mobile network operator has with effect from today (Tuesday) hiked data bundles by up to 300 percent."We are reviewing our ZWL data and SMEs bun...Published: 20 Jun 2023 at 08:57hrs | 2 | by Staff reporter
Youth conscientization critical in liberating Zimbabwe!
As youth in Zimbabwe mark the 'Day of the African Child', it is clear that today's generation lacks conscientization on why the country is still not free. A few days ago, I penned an article, ...Published: 19 Jun 2023 at 13:45hrs | | by Tendai Ruben Mbofana
Zanu-PF buys its 2023 election candidates 4x4s
Zanu-PF is holding a winter school for its heavily pampered election candidates, while the Citizens Coalition for Change (CCC) is still in the process of selecting candidates ahead of the 23 August ge...Published: 08 Jun 2023 at 09:39hrs | | by Staff reporter
Ngarivhume appeals against four year jail sentence
JUDGEMENT has been reserved in a matter jailed Transform Zimbabwe leader, Jacob Ngarivhume is seeking bail pending appeal against his conviction and sentencing.Ngarivhume is accused of inciting pu...Published: 07 Jun 2023 at 06:27hrs | | by Staff reporter
Corporate24 boss in the dock for fraud
Corporate24 Medical Centre founder and CEO, Mike Joka Tuesday appeared before a Harare magistrate accused of swindling Premier Service Medical Aid Society (PSMAS) of ZW$108,860 in 2021.Joka is...Published: 06 Jun 2023 at 18:55hrs | 1 | by Staff reporter
Cop, colleagues extort US$3,000 from Chinese businessman
A Zimbabwe Republic Police officer stationed at Rhodesville police station in Harare has been dragged to court facing charges of extorting US$3,000 from a Chinese national she accused of illegal forei...Published: 13 May 2023 at 20:59hrs | | by Staff reporter
Zimbabwe govt charms war collaborators ahead of 2023 general elections
GOVERNMENT has been frantically charming war veterans, ex-political prisoners, detainees, restrictees, non-combatant cadres and war collaborators by increasing pensions ahead of polls later this year,...Published: 18 Apr 2023 at 20:02hrs | 3 | by Staff reporter
Banks use RBZ excuse to dismiss demands for US dollar salary payments
BANK Employers Association of Zimbabwe (BEAZ) has allegedly claimed that the Reserve Bank of Zimbabwe (RBZ) does not allow the payment of US$-denominated salaries as a way to counter mounting pressure...Published: 12 Feb 2023 at 07:36hrs | | by Staff reporter
Did the emergence of a strong opposition extinguish the revolutionary spirit in Zimbabweans?
To me, those where the good old days - when Zimbabweans were a people of valor, who did not brook any nonsense from their government and never wasted any time in courageously standing up for themselve...Published: 02 Feb 2023 at 19:27hrs | 2 | by Tendai Ruben Mbofana
Driving school employee in court for defrauding unsuspecting license seekers
AN employee with a local driving school, Leon Brendon Peresu Monday appeared in court charged with fraud after he allegedly scammed drivers license seekers.Peresu (23), who is employed by a co...Published: 06 Dec 2022 at 05:09hrs | | by Staff reporter
Mnangagwa's govt appeases war vets with $4.6 billion
IN a bid to appease war veterans, who play a crucial role in Zanu-PF election campaigns, the government has set aside ZW$4.6 billion to invest in farms, mining and tourism.Finance and Economic...Published: 04 Dec 2022 at 09:09hrs | 2 | by Staff reporter
Job Sikhala denied bail..Magistrate says he is an unrepentant criminal
Citizens' Coalition for Change (CCC) Member of Parliament (MP), Job Sikhala was denied bail again by a Harare magistrate in a case where he stands accused of inciting public violence and defeating the...Published: 23 Nov 2022 at 18:12hrs | | by Mandla Ndlovu
Job Sikhala's ruling on latest bail application set for today
JAILED Citizens' Coalition for Change (CCC) Member of Parliament (MP), Job Sikhala will know his fate Wednesday when Harare Magistrate, Tafadzwa Miti is expected to hand down ruling on the lawmaker's ...Published: 23 Nov 2022 at 05:04hrs | | by Staff reporter
Zimbabwe hikes court fees, further pegs services in US dollars
Zimbabwe has increased fees and further introduced US dollar payments for all services obtained within the country's courts, something that continues to put access to justice beyond the reach of the p...Published: 16 Nov 2022 at 19:40hrs | | by Staff reporter
EcoCash revises transaction limits upwards
EcoCash, Zimbabwe's largest mobile money platform, has increased its transaction limits by an average of 230%, allowing wallet holders to send money, pay bills or buy goods and services with greater e...Published: 04 Oct 2022 at 22:14hrs | | by Staff reporter
Top officials pay ZW$100k each to fund Mnangagwa endorsement ritual as 2023 Presidential candidate
THE ruling Zanu-PF political party has issued a directive compelling top party leaders to make contributions of varying amounts ahead of the 7th National Congress, which has been thrown into jeopardy ...Published: 03 Oct 2022 at 06:18hrs | | by Staff reporter
Mnangagwa ally granted ZW$50 000 bail
PRESIDENT Emmerson Mnangagwa's ally, Mike Chimombe charged with fraud has been granted ZW$50 000 bail by Harare Magistrate Dennis Mangosi.He is accused of swindling one Brian Magumise of US$16...Published: 27 Sep 2022 at 19:28hrs | | by Staff reporter
Cartels bay for Mthuli Ncube's blood
PREDATORY cartels of "tenderpreneurs" preying on Zimbabwe's lax procurement systems, prejudicing government of millions of United States dollars, are baying for the blood of Finance minister Mthuli Nc...Published: 23 Sep 2022 at 19:26hrs | | by Staff reporter
Treasury blows whistle on plot to loot public funds
ZIMBABWE'S Treasury has exposed a calculated plot to loot public funds through an inflated tender awarded by Parliament to two companies which are charging astronomical prices for the supply of laptop...Published: 18 Sep 2022 at 16:57hrs | 1 | by Staff reporter
16 UZ students arrested for staging fees protest
SIXTEEN University of Zimbabwe (UZ) students were arrested Monday for participating in a protest that erupted at the Mt Pleasant campus to press for a cut in tuition fees.The group is expected...Published: 14 Sep 2022 at 05:56hrs | | by Staff reporter
University of Zimbabwe students stage protest against 1,000% fees hike
UNIVERSITY of Zimbabwe (UZ) students Monday staged a flash demonstration over the latest round of tuition fees hike, and have vowed to boycott lectures until the new fees are reversed.The univ...Published: 13 Sep 2022 at 06:06hrs | | by Staff reporter
Zimbabwe's cash-rich govt suppliers fuel currency volatility
GOVERNMENT procurement and service providers - who include public works contractors and suppliers of goods and services - are destabilising the foreign exchange market by offloading part of their stag...Published: 10 Aug 2022 at 08:40hrs | 2 | by Staff reporter
Can ED tell Zimbabweans where to find this elusive 'independence' we are supposed to be enjoying and 'jealously guarding'!
I honestly feel like screaming and banging my head against the wall, each time I hear those in the country's ruling elitist privileged clique make noise about some 'independence' that we, the people o...Published: 05 Aug 2022 at 09:57hrs | 9 | by Tendai Ruben Mbofana
Zimbabwe sets new record of planted winter wheat hectares
ZIMBABWE has this year set a new record of planted winter wheat hectares and farmers have been exempt from electricity load shedding, Information, Publicity and Broadcasting Services Minister Monica M...Published: 13 Jul 2022 at 07:19hrs | | by Staff reporter
Why should the president be treated as more special than the rest of Zimbabweans?
In my childhood, as with most of that age, I was fond of asking probing questions - which, I am quite sure, could reach thoroughly irritating levels.Having spent the first seven years of my li...Published: 28 Jun 2022 at 16:20hrs | 1 | by Tendai Ruben Mbofana
Family of 6 now requires ZW$110,550 for monthly expenses in Zimbabwe
THE cost of living for a family of six has shot up to a whooping ZW$110 550 for monthly expenses, Zimbabwe National Statistics Agency (ZIMSTAT) latest data for June 2022 has revealed.During th...Published: 26 Jun 2022 at 08:16hrs | 1 | by Staff reporter
EcoCash transaction limits reviewed
EcoCash users can now sent ZW$280 000 per month, and spent up to ZW$400 000 to shop and pay bills.EcoCash transaction limits have been ...Published: 23 Jun 2022 at 06:39hrs | 4 | by Agencies
Monetary policy inconsistency sinking economy
On the 17th of May 2022, the Reserve Bank of Zimbabwe (RBZ) issued a circular cancelling the order announced by the head of state on the suspension of bank lending one week earlier. The head of state ...Published: 08 Jun 2022 at 07:19hrs | | by Victor Bhoroma
Overzelous cops, Kazembe, Matanga agree to settle
Home Affairs Minister Kazembe Kazembe, Police Commissioner-General Godwin Matanga and two overzealous cops Brighton Bvaure and Jasper Nechitima have agree...Published: 03 Jun 2022 at 18:07hrs | 5 | by Simbarashe Sithole
Armed robbers pounce at Hamara, steal US$13,000
Two armed robbers pounced at Hamara fruit and vegetable supermarket along Fife street between 3rd and 4th avenue in Bulawayo, yesterday and got away with over US$13 000 and R8 000, police have confirm...Published: 31 May 2022 at 13:37hrs | 6 | by Staff reporter
Eddie Cross says Zimbabwe should not dollarise
TOP economist Eddie Cross Monday gave a gloomy image of Zimbabwe's battered economy but maintained dollarising it will destroy the country's re-industrialisation drive. Speaking to NewZimbabwe...Published: 31 May 2022 at 06:35hrs | 8 | by Staff reporter
Fraud-accused Deputy Minister granted bail
AGRICULTURE deputy minister, Douglas Karoro has been granted ZW$50,000 bail and warned not to interfere with State witnesses.In giving his ruling, Harare Magistrate Stanford Mambanje said the ...Published: 23 May 2022 at 19:37hrs | 8 | by Staff reporter
Mnangagwa, Ncube fret over failing economy
PRESIDENT Emmerson Mnangagwa is fretting over the possibility of losing the 2023 elections at a time Zanu-PF members of Parliament say launching a serious campaign for themselves and their leader will...Published: 10 May 2022 at 17:26hrs | 8 | by Staff reporter
Mealie meal price rockets; 10kg roller meal packet hits US$11
CONSUMERS have been dealt a hard blow after the Grain Millers Association of Zimbabwe's (GMAZ) increase the retail price of mealie meal by 50% Wednesday evening.Millers held an emergency meeti...Published: 13 Apr 2022 at 22:10hrs | 8 | by Staff reporter
'Mnangagwa will regret the day he appointed Mangudya, Mthuli Ncube,' says Biti
Former Zimbabwe Finance Minister Tendai Biti has said the move by the Reserve Bank to introduce a ZW$100 note is ill advised and a waste of time.Biti said the fact that the note can not buy an...Published: 09 Apr 2022 at 19:47hrs | 1 | by Staff reporter
Russia-Ukraine war tremors rock Zimbabwe economy
TREMORS from the Russian invasion of Ukraine are spreading across the world as well as in Zimbabwe as record-high oil prices, excessive spending during forthcoming elections and disruptions of wheat s...Published: 11 Mar 2022 at 18:14hrs | | by Staff reporter
Mealie-meal, flour prices go up
THE Grain Millers Association of Zimbabwe (GMAZ) has announced an increase in mealie-meal and bread flour prices with immediate effect.GMAZ chairman Mr Tafadzwa Musarara said the increase has ...Published: 11 Mar 2022 at 05:40hrs | | by Staff reporter
Monetary Policy Analysis
The Reserve Bank of Zimbabwe (RBZ) presented its first monetary policy statement for 2022 on the 7th of February. The monetary policy comes after a 53.5% surge in foreign currency receipts from US$6.3...Published: 23 Feb 2022 at 19:41hrs | 10 | by Victor Bhoroma
Mwonzora forked out ZW$2m for flopped rally
LESS than 500 people attended MDC-T faction leader Douglas Mwonzora's 26 March by-elections campaign launch at Zororo Grounds in Highfield, Harare, last Saturday, but this was by no means due to a lac...Published: 19 Feb 2022 at 18:37hrs | | by Staff reporter
Zupco hikes fares with immediate effect
THE Zimbabwe United Passenger Company (Zupco) has, with immediate effect, hiked commuter fares from ZW$50 to ZW$80 for buses and ZW$100 for commuter omnibuses which were charging ZW$80.A ...Published: 15 Feb 2022 at 16:34hrs | | by Staff reporter
Biti says Mangudya is a fool
FORMER finance minister Tendai Biti has described the Reserve Bank of Zimbabwe governor as a fool, saying his monetary policies are insufficient to tame inflation.Biti said this in a scathing ...Published: 12 Feb 2022 at 16:44hrs | | by Staff reporter
Load More Stories