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Why Mnangagwa cut short Mangudya's Zimbabwe Reserve Bank stay
PRESIDENT Emmerson Mnangagwa was yesterday forced to retire Reserve Bank of Zimbabwe (RBZ) governor John Mangudya a month earlier to give his successor room to come up with fresh measures to stabilise...Published: 5 hrs ago | 891 | by Staff reporter
Mnangagwa cuts short Mangudya's term at RBZ
President Emmerson Mnangagwa on Thursday brought forward by a month the appointment of John Mushayavanhu as the new Reserve Bank of Zimbabwe governor, hoping to stem the collapse of the local currency...Published: 18 hrs ago | 1503 | by Staff reporter
5,4 million Zimbabweans battling hunger
ABOUT 5,4 million Zimbabweans are battling hunger this month amid the free-falling local currency and the El NiƱo-induced drought, World Food Programme (WFP) data has revealed. In its Fe...Published: 26 Mar 2024 at 06:34hrs | 87 | by Staff reporter
Massive rot hits RDCs
SEVERAL rural district councils (RDCs) across the country have come under the spotlight amid allegations of rot following audits by relevant authorities.The Zimbabwe's Anti-Corruption Commissi...Published: 25 Mar 2024 at 05:33hrs | 874 | 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 | 269 | by Staff reporter
Man nabbed smuggling goods from Botswana
A 30-year-old Bulawayo man was dragged to Plumtree magistrates courts yesterday after he was caught smuggling goods at Mphoeng border post.Thembani Malvin Ndebele was slapped with a $400 fine ...Published: 20 Mar 2024 at 12:22hrs | 630 | by Simbarashe Sithole
Zimbabwean man wins US$1m loan court challenge
A HARARE man has won a US$1 million Supreme Court loan challenge after a local company that he loaned US$900 000 tried to repay the loan in local currency.The applicant Brian Rodney Baron had ...Published: 19 Mar 2024 at 12:58hrs | 656 | by Staff reporter
Afrochine loses US$3m tax battle with Zimra
AFROCHINE Smelting Private Limited has been ordered to pay nearly US$3 million in royalties for under-declaring its earnings. Afrochine Smelting is a company that produces and exports ferrochrome, an ...Published: 11 Mar 2024 at 11:31hrs | 500 | by Staff reporter
Harare pledges to finally fix (some of) its pothole-ridden roads
IN Zimbabwe's capital of Harare, potholed roads have become a symbol of more than 20 years of national decline and neglect of public services.Motorists must weave down roads and often encroach...Published: 11 Mar 2024 at 11:30hrs | 372 | by Staff reporter
Govt intervenes in Bulawayo water crisis
GOVERNMENT has pledged to assist Bulawayo City Council (BCC) ease the city's unrelenting acute water shortages.Late last month, government gave BCC ZWL$7 billion to push such water projects as...Published: 09 Mar 2024 at 09:16hrs | 310 | by Staff reporter
Zimbabwe must deal with currency volatility causes, not symptoms
THE United Nations Economic Commission for Africa (Uneca) executive secretary Claver Gatete this week said Zimbabwe should deal with the root causes of currency volatility not symptoms.Gatete ...Published: 07 Mar 2024 at 05:10hrs | 418 | by Staff reporter
Zanu-PF demands better allowances for councillors
A Zanu-PF legislator has pleaded with the Local Government and National Housing ministry to improve the plight of local authority councillors by offering them competitive conditions of service....Published: 07 Mar 2024 at 05:08hrs | 185 | by Staff reporter
Councillors fume over US$7 allowance
SOME councillors are reportedly failing to attend committee meetings citing paltry monthly allowances of ZWL$113 000 that translates to less than US$7 at the prevailing interbank rate.This was...Published: 04 Mar 2024 at 04:43hrs | 1106 | by Staff reporter
139 file for divorce in Bulawayo in 2 months
BULAWAYO has since the beginning of the year recorded shocking divorce statistics with 139 applications filed at the High Court before the end of February.From the 139 divorces filed at the Bu...Published: 04 Mar 2024 at 04:43hrs | 678 | by Staff reporter
Zinara raps local authorities over roads
Local authorities have come under fire from the Zimbabwe National Road Administration (Zinara) for allowing settlements in areas without serviced roads.Addressing journalists yesterday, Zinara...Published: 29 Feb 2024 at 05:04hrs | 398 | by Staff reporter
Mliswa agrees with his daughter's arrest
Former Norton independent MP Temba Mliswa says he has let her daughter arrested on drug charges face the music and the full wrath of the law.He says he is treating his own daughter sternly to ...Published: 28 Feb 2024 at 17:07hrs | 903 | by Staff reporter
War vets up in arms with govt over unpaid fees
WAR Veterans have expressed disgruntlement over failure by government to pay tuition fees for their children for the past two semesters.Government pays tuition fees for children of ex-combatan...Published: 28 Feb 2024 at 06:29hrs | 640 | by Staff reporter
Zimbabwe debt set to balloon
ZIMBABWE is set to finance its 2024 total budget financing gap of ZWL$9,2 trillion through domestic and external borrowing, a development that will further sink the country deep into debt.Acco...Published: 28 Feb 2024 at 06:28hrs | 205 | by Staff reporter
Mliswa Chanetsa arrested for possession of dangerous drugs
On 22 February 2024 at around 1200 hours, detectives from CID Drugs Harare received information that the accused persons had drugs at number 35 Colchester, Avonlea Harare. Pursuant to the supp...Published: 27 Feb 2024 at 08:26hrs | 1779 | by Staff reporter
Mnangagwa's govt hikes Z$ vehicle licence fees
THE Zimbabwe National Road Administration (Zinara) has announced an upward review of Zimbabwe dollar vehicle licensing fees effective from today.This comes amid the rising cost of goods and se...Published: 27 Feb 2024 at 03:06hrs | 1550 | by Staff reporter
Man fills pantry with beer
A Harare woman has accused her husband of spending big on beer and filling the pantry at their home with alcohol while his family goes hungry.Harare magistrate Meenal Narotam heard that Jeremi...Published: 25 Feb 2024 at 07:23hrs | 464 | by Staff reporter
First Funeral Services fails to pay client ZWL$500 000 benefit
First Funeral Services Private Limited Company is currently embroiled in a heated wrangle with its client Wilson Dube who accuses it of failing to pay him...Published: 23 Feb 2024 at 22:27hrs | 657 | by Stephen Jakes
Security firm boss in US$1m fraud
SPARTAN Security company boss Luka Fabris has been dragged to court over a US$1 million botched cattle ranching deal.Fabris who was represented by Musindo Hungwe and Joseph Nemaisa appeared be...Published: 21 Feb 2024 at 07:19hrs | 258 | by Staff reporter
Bulawayo Poly loses US$ fees war
THE High Court has ordered Bulawayo Polytechnic College to stop charging tuition fees and other levies exclusively in United States dollars.This follows a court challenge filed last month by o...Published: 21 Feb 2024 at 07:18hrs | 180 | by Staff reporter
War vets lose ZWL$300m to soldiers
TWO Zimbabwe National Army (ZNA) officers appeared before Harare magistrate Dennis Mangosi yesterday accused of defrauding the War Veterans ministry of close to ZWL$300 million.Nzuzo Tshuma (3...Published: 20 Feb 2024 at 05:04hrs | 973 | by Staff reporter
Zimsec opens registration for June and November 2024 examinations
THE Zimbabwe School Examinations Council (ZIMSEC) has announced the opening of registrations for the ZIMSEC June and November 2024 Examinations.The registration fees are now pegged in USD but ...Published: 19 Feb 2024 at 16:03hrs | 2193 | by Staff reporter
Zimbabwe varsity workers threaten strike over poor salaries
State university workers have threatened to down tools accusing the government of failing to pay decent salaries.The workers through their unions, the Zimbabwe State Universities Union of Acad...Published: 19 Feb 2024 at 04:54hrs | 665 | by Staff reporter
Mnangagwa govt under fire over meagre pension pay-outs
GOVERNMENT has come under fire from legislators over the meagre pension pay-outs to retirees at a time when the cost of living has been rising.The legislators demanded to know the government's...Published: 19 Feb 2024 at 04:53hrs | 1092 | by Staff reporter
Luveve Road rehab nears completion
REHABILITATION works along Bulawayo's Luveve Road are progressing well with the local authority saying they are now 85 percent towards completion with over US$700 000 having been used to date....Published: 18 Feb 2024 at 08:59hrs | 209 | by Staff reporter
Zimbabwe govt workers starving
FUNERAL policies and medical aid contributions are gobbling up a huge chunk of civil servants earnings, leaving most of them with little for food, rent, school fees and transport, NewsDay has been inf...Published: 16 Feb 2024 at 05:02hrs | 1178 | by Staff reporter
BCC's US$ revenue improves
BULAWAYO City Council (BCC) has revealed that it has collected about 45% of its debts in United States dollars from ratepayers as its credit control policy begins to bear fruit.In an interview...Published: 16 Feb 2024 at 04:58hrs | 167 | by Staff reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | 424 | by Staff reporter
NetOne takes legal action against overpricing of sim cards
STATE-OWNED telecommunications operator, NetOne has said it will take legal action against partners and individuals who are selling the mobile network provider's for more than US$1 or Zimbabwe Dollar ...Published: 15 Feb 2024 at 10:03hrs | 184 | by Staff reporter
Zimbabwe electoral dispute backfiring
CATHOLIC Bishops yesterday said the unresolved August 2023 election dispute has plunged the lives of ordinary citizens into disarray, amid a deepening economic meltdown where the majority is strugglin...Published: 13 Feb 2024 at 04:47hrs | 2898 | by Staff reporter
College lecturers flag govt over poor salaries
COLLEGE lecturers have warned the government of possible disruption of service delivery in tertiary educational institutions amid government's failure to pay decent salaries.According to Colle...Published: 13 Feb 2024 at 04:45hrs | 562 | by Staff reporter
Bulawayo targets private companies for tar-making plant
THE Bulawayo City Council (BCC) has resolved to allow management to negotiate with possible private partners to purchase a batching plant to rehabilitate roads amid concerns that the network has deter...Published: 12 Feb 2024 at 14:34hrs | 269 | by Staff reporter
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 507 | by Staff reporter
Zimbabwe family basket doubles to ZWL$6,2m
The family basket has nearly doubled to ZWL$6,2 million from ZWL$3,6 million in December due to the continued depreciation of the Zimdollar, the Consumer Council of Zimbabwe (CCZ) has said, spelling d...Published: 07 Feb 2024 at 04:46hrs | 365 | by Staff reporter
Harare Poly ordered to accept Zimdollar fees
THE High Court has ordered the Harare Polytechnic College to accept payment of tuition and other levies in the free-falling local currency.The institution had issued a circular on January 12 t...Published: 02 Feb 2024 at 17:23hrs | 550 | by Staff reporter
Zimbabwe govt unveils ZWL$11b food aid package
GOVERNMENT has availed a ZWL$11 billion food aid programme to prevent hunger related deaths in food insecure hotspots countrywide.Public Service deputy minister Mercy Dinha revealed the approx...Published: 02 Feb 2024 at 04:58hrs | 394 | by Staff reporter
Zimbabweans sink deeper into poverty
Zimbabweans are having to digging deeper into their pockets to buy basic commodities as the cost of living continues to rise with the food poverty line reaching ZWL$155 360,39 for a single perso...Published: 30 Jan 2024 at 07:47hrs | 328 | by Staff reporter
Foreign investors ditch Zimbabwe capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading res...Published: 30 Jan 2024 at 07:47hrs | 248 | by Staff reporter
ZESA Holdings sued US$36,000 for breaching contract
ZESA Holdings is facing legal action from a security company, Manifest Security (Private) Limited, which is seeking US$36,660 in damages for an alleged breach of a services contract. The plaintiff's c...Published: 23 Jan 2024 at 05:04hrs | 691 | by Staff reporter
Econet calls for balanced regulation
ECONET Wireless Zimbabwe has called for balanced regulation in the telecommunications sector, given the rising operational costs driven by inflation and the shift to using the greenback.In a t...Published: 22 Jan 2024 at 10:13hrs | 190 | by Staff reporter
Bread shoots to US$1,30 in Zimbabwe
PRICES of most basic commodities, particularly food items, have surged by more than 30% since last year as the Zimbabwe dollar continues to lose value against the greenback.The new 15% value-added tax...Published: 22 Jan 2024 at 10:02hrs | 2192 | by Staff reporter
Oil thieves jailed
Two Hwange men were arraigned before Hwange magistrates courts yesterday for stealing 53 drums of oil from Hwange Coal Gasification Company.Mubita Mulundano (46) and Karl Marx Nyoni (21) both ...Published: 18 Jan 2024 at 08:08hrs | 618 | by Peter Matuka | Simbarashe Sithole
Mayor Mafume lashes Zinara
The City of Harare (CoH) is experiencing growing dissatisfaction with what they perceive as an unjust funding system implemented by the Zimbabwe National Road Administration (ZINARA).The local...Published: 16 Jan 2024 at 04:45hrs | 719 | by Staff reporter
Teacher 'steals' groceries
A CHIVHU teacher, who is accused of stealing groceries worth ZWL$2 million from a local supermarket, appeared at the Chivhu Magistrates Court on Friday last week facing a fraud charge.Fo...Published: 15 Jan 2024 at 05:15hrs | 396 | by Staff reporter
CCC activists' trial deferred, again
THE trial of Citizens Coalition for Change (CCC) Chirumanzu South candidate Patrick Cheza and four party activists facing charges of assaulting Zanu-PF Member of Parliament and Tourism minister Barbar...Published: 11 Jan 2024 at 05:16hrs | 180 | by Staff reporter
Zimbabwe family basket skyrockets to $3,6 million
THE cost of the food basket for a family of six has shot to ZWL$3,6 million, with retailers now charging some goods exclusively in United States dollars (US$) owing to the depreciating Zimbabwe dollar...Published: 10 Jan 2024 at 05:56hrs | 215 | by Staff reporter
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