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Zimpapers pension fund under probe
The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into the Zimpapers Pension Fund amid allegations of mismanagement of employees' contributions and questionable sales of com...Published: 2 hrs ago | 58 | by Staff reporter
Manyere, Nyengedza at centre of SA company collapse
Two prominent Zimbabwean businessmen, George Manyere and Godwin Nyengedza, are at the heart of the dramatic collapse of Afristrat Investment Holdings - a South African financial services firm formerly...Published: 21 hrs ago | 379 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 393 | by Staff Reporter
Zimbabwe Govt Pension Fund acquires Monomotapa Hotel
Zimbabwe's largest hospitality group, African Sun Limited (ASL), has agreed to sell the historic Monomotapa Crowne Plaza Hotel and its adjacent car park to the Public Service Pension Fund in a deal va...Published: 03 Aug 2025 at 12:18hrs | 457 | by Staff reporter
Chiwenga cracks the whip in Zanu-PF
Vice President Constantino Chiwenga has issued a stern reprimand to the Zanu-PF Harare provincial executive, led by Goodwills Masimirembwa, over a series of internal transgressions that party insiders...Published: 03 Aug 2025 at 10:04hrs | 1318 | by Staff reporter
Bindura neglects billing 1,598 households
Bindura Town Council has come under fire following revelations that it neglected to bill 1,598 households in the Garikai area for water services, resulting in a significant loss of revenue. The disclo...Published: 02 Aug 2025 at 10:12hrs | 30 | by Staff reporter
Zimra prosecutes over 50 employees over corruption
Zimbabwe's tax authority says it has prosecuted more than 50 employees for corruption during the first seven months of 2025 and suspended 306 since 2016 - part of a sweeping purge sparked by lifestyle...Published: 01 Aug 2025 at 08:41hrs | 309 | by Staff reporter
Gwanda Municipality in payroll dilemma
Gwanda Municipality is facing serious questions over its financial management after the Auditor-General's 2024 report revealed significant discrepancies in payroll processing and financial reporting....Published: 31 Jul 2025 at 08:20hrs | 280 | by Staff reporter
Biti demands judicial inquiry into Trabablas Interchange project
Former Finance Minister Tendai Biti has called for a forensic audit and the establishment of a judicial commission of inquiry into the staggering US$114 million cost of the newly commissioned Trababla...Published: 30 Jul 2025 at 18:18hrs | 615 | by Staff reporter
Chiwenga confirms he reported Marry Mubaiwa
Vice President Constantino Chiwenga has revealed that he was the one who reported his ex-wife, Marry Mubaiwa, for alleged criminal activities, and has welcomed the forfeiture and auctioning of her ass...Published: 30 Jul 2025 at 15:52hrs | 705 | by Staff reporter
Chiwenga applauds forfeiture of ex-wife's assets by SA
The legal team representing Zimbabwe's Vice-President, General (Retired) Dr. Constantino Guveya Dominic Nyikadzino Chiwenga, has welcomed the recent forfeiture ruling handed down by the Gauteng High C...Published: 29 Jul 2025 at 17:03hrs | 566 | by Staff reporter
Zimbabwe govt risks losing millions in undelivered goods
The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid fo...Published: 29 Jul 2025 at 09:04hrs | 655 | by Staff reporter
Chiwenga's ex-wife loses Pretoria property and luxury cars
Marry Mubaiwa, former wife of Zimbabwean Vice-President General Constantino Chiwenga, has lost ownership of an upmarket residential property and two luxury Range Rovers in Pretoria, South Africa, afte...Published: 28 Jul 2025 at 19:09hrs | 1995 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 202 | by Staff reporter
Zanu-PF warns South Africa against US sanctions
Zimbabwe's ruling party (ZANU-PF) says South Africa should not be intimidated by a proposed US bill that could empower President Donald Trump with "superpowers" to impose sanctions on African National...Published: 28 Jul 2025 at 08:52hrs | 582 | by Staff reporter
Court reinstates magistrate as trustee in bitter divorce saga
The High Court of Zimbabwe has reinstated magistrate Sandra Mupindu as a trustee of the Shamba Charashika Bvumavaranda Trust, ruling that her removal by her estranged husband, top lawyer Simon Mupindu...Published: 28 Jul 2025 at 08:50hrs | 395 | by Staff reporter
Attention-seeking Zondo slams Ramaphosa
Attention-seeking former Chief Justice Raymond Zondo has slammed President Cyril Ramaphosa for making politicians with serious findings against them Cabinet Ministers.The commission was create...Published: 27 Jul 2025 at 12:24hrs | 899 | by Staff reporter
Zanu–PF warns South Africa against US sanctions
Zimbabwe's ruling party (ZANU–PF) says South Africa should not be intimidated by a proposed US bill that could empower President Donald Trump with "superpowers" to impose sanctions on African Nation...Published: 25 Jul 2025 at 16:34hrs | 2177 | by Staff reporter
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 267 | by Staff reporter
Top Zimbabwean banker loses mansion in divorce battle
Prominent Zimbabwean banker, academic and former Anglican bishop Dr Julius Tawona Makoni has lost ownership of his upscale Chisipite property in Harare following a long-running legal battle with his e...Published: 23 Jul 2025 at 09:26hrs | 1815 | by Staff reporter
UK overtakes China as second-largest US Treasury holder
China's recorded holdings of US Treasuries have fallen below those of the UK for the first time since the start of the century, underlining a shift in Beijing's management of its foreign reserves....Published: 21 Jul 2025 at 19:41hrs | 344 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 473 | by Staff reporter
Mwonzora risks losing party property over salary arrears
MDC-T leader Douglas Mwonzora is at risk of having party property attached following a court's decision to grant an application by a former employee seeking enforcement of a ruling for unpaid wages....Published: 21 Jul 2025 at 12:18hrs | 223 | by Staff reporter
Stanbic Bank Beyond Borders: Empowering Zimbabwean Businesses for Regional Integration
Stanbic Bank Zimbabwe recently held a business breakfast - Beyond Borders Breakfast – which marked a defining moment for Zimbabwean enterprises eyeing regional and international expansion.Th...Published: 19 Jul 2025 at 09:38hrs | 245 | by Agencies
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1550 | by Staff reporter
Why Zimbabwe is not in First World
Forty-FIVE years since gaining Independence in 1980, Zimbabwe remains far from attaining First World status.This is not due to a lack of knowledge, exposure or vision. In fact, many of Zimbabw...Published: 18 Jul 2025 at 08:44hrs | 360 | by Jacob Mutisi
Luton open to selling Nakamba
LUTON Town manager Matt Bloomfield has indicated the club is willing to sell midfielder Marvelous Nakamba this summer if a suitable offer is received.Nakamba still has a year remaining on his ...Published: 17 Jul 2025 at 08:58hrs | 1532 | by Staff reporter
Mzembi remains on remand as application is dismissed
Former Foreign Affairs Minister Walter Mzembi's bid to have his placement on remand quashed has been thrown out by Harare regional magistrate Donald Ndirowei, further paving the way for the continuati...Published: 14 Jul 2025 at 15:44hrs | 305 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 237 | by Staff reporter
Vumbunu brothers still in SA custody
The notorious Vumbunu brothers, Abraham and Elijah Temayi Vumbunu, are currently held in custody in South Africa following their arrest in connection with the massive US$4 million robbery at Ecobank t...Published: 13 Jul 2025 at 11:19hrs | 118 | by Staff reporter
Primary School head charged with procurement violations
Mezah Mazambiri, headmaster of Glaudina Council Primary School, appeared before Harare magistrate Mrs. Marehwanazvo Gofa on charges of criminal abuse of office linked to alleged violations of the Mini...Published: 13 Jul 2025 at 11:15hrs | 43 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 130 | by Staff reporter
Masimirembwa under intense scrutiny over Tagwirei vehicle donations
ZANU-PF Harare Province chairperson Godwills Masimirembwa is under intense scrutiny following allegations that his executive accepted a fleet of vehicles from controversial businessman Kudakwashe Tagw...Published: 09 Jul 2025 at 11:21hrs | 696 | by Staff reporter
Open letter to the President of Zambia, Hakainde Hichilema
An Open Letter to the President of Zambia, Hakainde Hichilema: I will not be silenced until death or a better Zambia emerges, whichever comes firstDear President Hichilema,Yesterday, I...Published: 09 Jul 2025 at 09:24hrs | 1114 | by Sishuwa Sishuwa
Health Director's corruption case flops
The much-anticipated trial of Portia Manangazira, Health Director responsible for planning, coordination, and management of health programs at the Ministry of Health and Child Care, once again failed ...Published: 09 Jul 2025 at 08:02hrs | 303 | by Staff reporter
Mnangagwa's ally takes over City Sports Centre
President Emmerson Mnangagwa's special advisor, Paul Tungwarara, has been handed the reins to oversee the long-awaited renovation of the City Sports Centre, a once-proud Harare landmark that has suffe...Published: 09 Jul 2025 at 07:58hrs | 317 | by Staff reporter
How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 577 | by Harrison Brooks
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 201 | by Staff reporter
Siblings' inheritance dispute spills into court
A Glen View woman has successfully obtained a protection order against her brother following a violent altercation over the distribution of their late father's estate.Alice Muteve appeared bef...Published: 07 Jul 2025 at 08:51hrs | 394 | by Staff reporter
Zanu-PF tells members that donated vehicles must be registered
Tensions are rising within Zanu-PF after the party's top leadership issued a directive requiring all assets-including motor vehicles-donated in the party's name to individuals or organisations to be h...Published: 07 Jul 2025 at 08:48hrs | 253 | by Staff reporter
Bulawayo residents raise alarm over council procurement processes
Bulawayo residents have voiced growing concern over the Bulawayo City Council's (BCC) procurement and tender procedures, accusing the local authority of a lack of transparency that has led to shoddy w...Published: 07 Jul 2025 at 08:45hrs | 107 | by Staff reporter
Ecobank robbery case collapses
A high-profile case tied to the US$4 million Ecobank armed robbery has crumbled after police admitted they had no evidence linking a local security guard to the dramatic heist.Sibonginkosi Sib...Published: 05 Jul 2025 at 14:52hrs | 441 | by Staff reporter
Armed robbery charges dropped
After intense back-and-forth between the police and the National Prosecuting Authority (NPA), prosecutors have dropped armed robbery charges against two men previously linked to the sensational US$4 m...Published: 05 Jul 2025 at 04:02hrs | 798 | by Staff reporter
US Congress proposes sanctions against South Africa
A controversial bill introduced in the United States Congress aims to cut off direct aid to South Africa and impose targeted sanctions on its political leaders, citing the country's legal action again...Published: 04 Jul 2025 at 19:57hrs | 2340 | by Staff reporter
Air Zimbabwe pays $1mn to rejoin GDSs
Air Zimbabwe has settled more than US$1 million in outstanding debts to key international service providers, a development that paves the way for its reintegration into global ticketing and code-shari...Published: 04 Jul 2025 at 12:56hrs | 342 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
Gweru faces rising manhole cover thefts
The City of Gweru is battling a growing crisis as scrap metal thieves shift their focus to manhole covers made from cast iron, ductile iron, and galvanised steel - a move city authorities say is compr...Published: 04 Jul 2025 at 07:40hrs | 125 | by Staff reporter
Councils told to comply with public procurement regulations
The government has called on local authorities across Zimbabwe to strictly adhere to public procurement regulations to uphold accountability and prevent legal disputes that continue to plague municipa...Published: 03 Jul 2025 at 09:24hrs | 95 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 229 | by Staff reporter
Mnangagwa's office warns line ministries
The Office of the President and Cabinet (OPC) has issued a stern warning to senior Government officials and line ministries who are reportedly undermining the constitutional mandate of local authoriti...Published: 02 Jul 2025 at 09:12hrs | 423 | by Staff reporter
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