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FC Platinum's title hopes crushed
Dynamos 2 - 0 FC PlatinumWith rivals Simba Bhora securing a nine-point lead just a day earlier, FC Platinum entered the game under pressure to close the gap. However, Dynamos exploited that urgenc...Published: 12 hrs ago | 111 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 593 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 4800 | by Staff reporter
Godongwana controversially allocates R321 million to Western Cape
In a surprising move, Finance Minister Enoch Godongwana has allocated an additional R321 million in basic education funding exclusively to the Western Cape, sparking concerns and calls for transparenc...Published: 31 Oct 2024 at 11:58hrs | 1646 | by Staff reporter
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 89 | by Staff reporter
RBZ pumps US$32 million into market
The Reserve Bank of Zimbabwe (RBZ) has infused approximately US$32 million into the interbank foreign exchange market over the past three weeks to stabilize the Zimbabwe Gold (ZiG) currency and addres...Published: 27 Oct 2024 at 12:19hrs | 154 | by Staff reporter
IMF, World Bank not serving African interests
Humanitarian organization ActionAid has issued a scathing call for the overhaul or abolition of the International Monetary Fund (IMF) and World Bank, arguing that these institutions do not serve the i...Published: 24 Oct 2024 at 07:59hrs | 122 | by Staff reporter
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1702 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1426 | by Staff reporter
Zimbabwe govt keeps civil servants' salaries at 12% of GDP
The Zimbabwean government has announced that it will maintain civil servants' salaries at 12% of the gross domestic product (GDP), using GDP growth as the benchmark for future salary improvements. Thi...Published: 18 Oct 2024 at 08:52hrs | 2615 | by Staff reporter
Zimbabwean Mine Workers Demand Cost of Living Adjustments Amid Economic Crisis
Harare, Zimbabwe - The National Employment Council for the mining industry has received a petition calling for immediate cost of living adjustments to mine workers' salaries. The plea comes in respons...Published: 16 Oct 2024 at 17:03hrs | 718 | by Stephen Jakes
Backdated pay rise for civil servants
The Government has delivered on its commitment to review upwards the salaries of civil servants, with employees starting to receive their backdated pay yesterday. This move is part of the Government's...Published: 16 Oct 2024 at 11:47hrs | 526 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 163 | by Staff reporter
Bulawayo Female Councillors Hailed for Cleanliness
Bulawayo's female councillors have been praised for managing waste in their wards more effectively than their male counterparts.Bulaway...Published: 15 Oct 2024 at 07:32hrs | 223 | by Stephen Jakes
MRP Announces National Women's League Executive
The Mthwakazi Republic Party (MRP) leadership has announced the new National Women's League executive committee as the party revitalizes itself to advance...Published: 15 Oct 2024 at 07:25hrs | 417 | by Stephen Jakes
Mahatshula Library and Hall Projects Lack Progress
The construction of the Mahatshula library and hall has been delayed due to the increasing number of projects that need to be completed, placing additiona...Published: 15 Oct 2024 at 07:08hrs | 74 | by Stephen Jakes
USD salary rise, bonus for Zimbabwe civil servants
The Treasury has earmarked substantial funds to increase the remuneration of government employees, with a particular focus on raising the US dollar salary component. This move aims to cushion workers ...Published: 06 Oct 2024 at 10:01hrs | 1623 | by Staff reporter
Zimbabwe Young Warriors' AFCON dream crushed by Zambia
Zimbabwe 2 - 2 Zambia(Zambia won 6-5 on penalties)Zimbabwe's Young Warriors' hopes of qualifying for next year's CAF Under-20 Africa Cup of Nations (AFCON) were dashed in a dramatic penalty sh...Published: 04 Oct 2024 at 08:24hrs | 146 | by Staff reporter
Salary review for civil servants
The Government of Zimbabwe is set to adjust the wages of civil servants in response to the recent 42.55 percent increase in the Zimbabwe Gold (ZiG) exchange rate against the United States dollar, Fina...Published: 03 Oct 2024 at 08:45hrs | 421 | by Staff reporter
BAZ, central bank meet over policy interventions
The Bankers Association of Zimbabwe (BAZ) held a crucial meeting with the Reserve Bank of Zimbabwe (RBZ) governor, Dr. John Mushayavanhu, on Monday to address key policy changes from the Monetary Poli...Published: 03 Oct 2024 at 08:44hrs | 54 | by Staff reporter
Bulawayo pegs 2025 budget at US$309m
The Bulawayo City Council (BCC) has unveiled a proposed budget of US$309 million for 2025, marking a 17% increase from the US$264 million budget for 2024. The proposal, presented by the Finance and De...Published: 30 Sep 2024 at 07:44hrs | 104 | by Staff reporter
Zimbabweans outraged after RBZ devalues ZiG
A storm of outrage has swept across Zimbabwe following the Reserve Bank of Zimbabwe's (RBZ) shocking decision to devalue the Zimbabwe Gold (ZiG) currency by 75%. The drastic measure has ignited a wave...Published: 28 Sep 2024 at 13:27hrs | 6749 | by Staff reporter
Cracking the code on forex trading: How does it really work?
Engaging in forex trading presents an opportunity for South Africans to participate in the international financial scene and potentially make profits by leveraging currency fluctuations. There is grow...Published: 27 Sep 2024 at 23:12hrs | 522 | by Staff Reporter
Trey Nyoni: From Liverpool academy sensation to first-team aspirant
As the new Premier League season unfolds, it's evident that Liverpool remains in top form under new head coach Arne Slot. While Slot has made some tactical adjustments since taking over from Jurgen Kl...Published: 15 Sep 2024 at 10:04hrs | 389 | by Staff reporter
Mnangagwa's govt blows unbudgeted US$16m
The government incurred significant unbudgeted expenditures earlier this year by providing twin-cab vehicles to chiefs, a move that has placed their parent ministry in a financial deficit, Finance Min...Published: 13 Sep 2024 at 08:12hrs | 1913 | by Staff reporter
Treble boost for Bosso
Highlanders will be bolstered by the return of Godfrey Makaruse and Never Rauzhi for their much-anticipated Castle Lager Premier Soccer League (PSL) second-leg clash against a resurgent CAPS United at...Published: 13 Sep 2024 at 08:00hrs | 119 | by Staff reporter
Zimbabwe Warriors coach wary of Cameroon
New Zimbabwe national football coach Michael Nees described his team's goalless draw against Kenya as a "good landing" in his debut match. However, he is now pushing for more discipline from his playe...Published: 08 Sep 2024 at 09:27hrs | 229 | by Staff reporter
Zimbabwean businessman acquires Fortune Africa Magazine
Zimbabwean businessman and philanthropist Edd Branson has acquired Fortune Africa Magazine, a leading media firm known for its economic and political coverage across Africa. ...Published: 17 Aug 2024 at 12:35hrs | 199 | by Staff reporter
Mnangagwa govt misses villas deadline
The Zimbabwean government has missed the deadline for completing the 18 state-of-the-art presidential villas in Mt Hampden, which were intended to host heads of state during the Southern African Devel...Published: 16 Aug 2024 at 08:40hrs | 1453 | by Staff reporter
Tips for improving your accuracy in Modern Warfare 3
Improving your accuracy in Call of Duty: Modern Warfare 3 is crucial for anyone looking to elevate their gameplay. Whether you’re engaging in close-quarters combat or picking off targets from a dist...Published: 29 Jul 2024 at 12:23hrs | 249 | by Simbarashe Sithole
Verwoerd's grandson in new parliamentary role thanks to Ramaphosa
Wynand Boshoff, grandson of 'apartheid architect' Hendrik Verwoerd, will report to a new parliamentary leader as the Freedom Front (FF) Plus announces that Pieter Groenewald's appointment as Minister ...Published: 25 Jul 2024 at 09:43hrs | 735 | by Staff reporter
US sanctions on Zimbabwe are real, US Bank to close accounts
Mercury Bank, a fintech based in the United States offering banking services to more than 100,000 early-stage startups, has included Nigeria in a list of countries restricted from opening and operatin...Published: 24 Jul 2024 at 09:57hrs | 23519 | by Staff reporter
Knorr recalls brown onion gravy sachets
Knorr is recalling its brown onion gravy sachets after manufacturers have discovered some packets may contain traces of cow's milk and soy.In a statement on Tuesday, Unilever said it recently ...Published: 16 Jul 2024 at 20:57hrs | 530 | by Staff reporter
Zimbabwe's local grappling with poor governance issues
Local authorities in Zimbabwe are grappling with weak corporate governance issues, as highlighted in the 2023 report by Acting Auditor General Mrs. Rhea Kujinga. The report, presented to Parliament la...Published: 15 Jul 2024 at 08:08hrs | 37 | by Staff reporter
Tongaat Hullets slams Zimbabwe's tough fiscal measures
Tongaat Hullets, a listed agriculture and agri-processing firm, has reported on its performance for the period ending March 31, 2024, amidst challenging fiscal measures in Zimbabwe. The compan...Published: 04 Jul 2024 at 10:29hrs | | by Staff reporter
TelOne panics
TelOne Zimbabwe has partnered with Eutelsat OneWeb, a subsidiary of the French-based satellite operator Eutelsat Group, to strengthen its internet services ahead of the anticipated launch of Starlink ...Published: 02 Jul 2024 at 06:36hrs | 16 | by Staff reporter
Warriors, Chipolopolo clash at Cosafa
Warriors midfielder Richard Hachiro believes advancing to the next round of the Cosafa Cup would be a greater achievement than their celebrated 2018 success, where they clinched their fifth title. Tod...Published: 30 Jun 2024 at 18:19hrs | | by Staff reporter
Zimbabwe currency code changes to ZWG
The World Bank International Organisation for Standardisation (ISO) Committee has approved the change of Zimbabwe's local currency code from ZWL to ZWG (Zimbabwe Gold).The ISO 4217 standard, w...Published: 26 Jun 2024 at 13:00hrs | 10 | by Staff reporter
Zimbabwe rated Africa's most expensive economy
Zimbabwe was recently identified as Africa's most expensive country according to a comprehensive study by the African Development Bank (AfDB). The study assessed power purchasing parities (PPPs) and e...Published: 15 Jun 2024 at 11:13hrs | 59 | by Staff reporter
Zimbabwe Warriors coach blames defenders for Bafana Bafana loss
Zimbabwe 1 - 3 South AfricaIn a Group C CAF World Cup Qualifiers match at Free State Stadium, the Warriors suffered a 3-1 defeat against South Africa, leading interim coach Jairos Tapera to at...Published: 12 Jun 2024 at 06:52hrs | | by Staff reporter
Zimbabwe civil servants, govt clash over US$ deductions
Civil servants are protesting against the government's decision to deduct United States dollars from their salaries, arguing that it further impoverishes them. The move, in line with a circula...Published: 06 Jun 2024 at 07:56hrs | 1 | by Staff reporter
WATCH: Shock as Mnangagwa shakes up ZANU PF Politburo members
In a strategic move, ZANU PF President Emmerson Mnangagwa has reassigned key members of the ZANU PF Politburo to new positions within the party's hierarchy. Adv J.F. Mudenda, formerly the Party’s Se...Published: 20 May 2024 at 19:43hrs | 13 | by George Tshuma
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | 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 | | by Staff reporter
ZiG Currency: Catalyzing Zimbabwe's Middle-Income Pursuit - Empowering Economic Well-being
Zimbabwe has taken a crucial step in revitalizing the economy and instilling trust in the financial sector by introducing the groundbreaking Zimbabwean Gold-backed Dollar (ZiG) as the official replace...Published: 10 Apr 2024 at 22:17hrs | | by Elvis Dzvene
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 | | by Staff reporter
Potraz to review tariffs
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) is considering adjusting tariffs in the sector to ensure sustainability.Speaking at a recent stakeholders' engagemen...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Mnangagwa enjoy CCC internal squabbles
Zanu-PF has no dog in the internal squabbles tearing apart the country's opposition but will gladly capitalise on the fracas to entrench its dominance in a democratic Zimbabwe, President Mnangagwa sai...Published: 08 Apr 2024 at 10:42hrs | | by Staff reporter
Potraz mulls US$ indexed tariffs
THE Postal and Regulatory Authority of Zimbabwe (Potraz) is planning to index tariffs to the United States dollar to hedge against losses from exchange rate fluctuations resulting from an unstable loc...Published: 07 Apr 2024 at 10:15hrs | | by Staff reporter
Zimbabwe campaign for foreign direct investment intensifies
IN a strategic move meant to bolster the country's economic landscape, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, is set to spearhead a series of F...Published: 07 Apr 2024 at 10:05hrs | | by Staff reporter
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