Search / Assets
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 1135 | by Staff reporter
Former radio 2 DJ appeals for help
Former Zimbabwe Broadcasting Corporation (ZBC) Radio 2 presenter Simon Pashoma Ncube has made a public appeal for financial assistance to prominent businessman and tenderpreneur Wicknell Chivayo. The ...Published: 19 Nov 2024 at 13:41hrs | 746 | by Staff reporter
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 210 | by Staff reporter
Mnangagwa commissions US$18,5m Bulawayo students' complex
President Emmerson Mnangagwa yesterday officially commissioned the state-of-the-art Bulawayo Students Accommodation City Complex, a landmark project in Matsheumhlope suburb valued at US$18.5 million. ...Published: 16 Nov 2024 at 14:22hrs | 324 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 578 | by Tendai Ruben Mbofana
Gold glitters as Caledonia's profit after tax jumps 872%
Caledonia Mining Corporation Plc, listed on the Victoria Falls Stock Exchange, has reported a remarkable 872% rise in profit after tax to US$16.45 million for the nine months ending September 30, 2024...Published: 12 Nov 2024 at 10:57hrs | 133 | by Staff reporter
Council in US$2,1m billing system storm
The Harare City Council recently bypassed a locally-developed enterprise resource planning (ERP) system, opting instead to pay US$2.1 million to a foreign vendor, prompting public criticism. The rejec...Published: 11 Nov 2024 at 07:02hrs | 151 | by Staff reporter
Gappah's properties worth $18k attached over Mahere defamation
Renowned author Petina Gappah has had her property seized by bailiffs after losing a defamation lawsuit filed by lawyer Fadzayi Mahere. Gappah was ordered to pay US$18,000 in damages after a series of...Published: 09 Nov 2024 at 17:18hrs | 504 | by Staff reporter
Mnangagwa extends Harare probe team's tenure
President Emmerson Mnangagwa has extended the tenure of the Commission of Inquiry investigating the governance of Harare City Council (HCC) by three months, allowing it more time to complete its probe...Published: 09 Nov 2024 at 17:07hrs | 64 | by Staff reporter
Mnangagwa lauds land reform programme beneficiaries
President Emmerson Mnangagwa has commended Zimbabwean farmers who benefitted from the country's controversial land reform programme, highlighting their success in transforming farming into business ve...Published: 08 Nov 2024 at 07:07hrs | 168 | by Staff reporter
NATO rival warns of new 'nuclear arms race'
A decision to deploy long-range missiles in Western Europe could trigger a new nuclear arms race, Collective Security Treaty Organization (CSTO) Secretary-General Imangali Tasmagambetov has warned....Published: 07 Nov 2024 at 16:01hrs | 793 | by Staff reporter
Windfall for 33,000 pensioners
The Mining Industry Pension Fund (MIPF) is preparing to compensate pensioners who lost benefits during Zimbabwe's hyperinflationary period between 2006 and 2009. The initiative comes amid reports that...Published: 04 Nov 2024 at 06:49hrs | 4311 | by Staff reporter
Dr Nkululeko Sibanda's assets to be forfeited
The National Prosecuting Authority of Zimbabwe (NPAZ) has filed a High Court application to seize properties worth millions of dollars from the estate of the late businessman Dr. Nkululeko Sibanda, ac...Published: 03 Nov 2024 at 10:03hrs | 3287 | by Staff reporter
Cigarette stub started fire that destroyed NRZ coaches
The National Railways of Zimbabwe (NRZ) has confirmed that a cigarette stub caused a devastating fire that destroyed 40 decommissioned coaches at its main station in Bulawayo in September. The inciden...Published: 30 Oct 2024 at 07:58hrs | 233 | by Staff reporter
Estranged wife wins landmark judgment
In a landmark judgment, Petronella Tendai Militala, a 56-year-old woman, has secured a significant victory in the High Court, awarding her a share of her estranged late husband’s estate valued at mo...Published: 29 Oct 2024 at 11:46hrs | 1812 | by Staff reporter
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6749 | by Staff reporter
Ramaphosa's goons go after Dali Mpofu over 'unpaid personal tax'?
The taxman is knocking on the door of South Africa's well-known legal eagle, advocate Dali Mpofu, demanding more than R2-million from him in unpaid personal income tax.News that the South Afri...Published: 28 Oct 2024 at 07:57hrs | 8249 | by Staff reporter
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 736 | by Staff reporter
SAA struggling to get over US$50 million out of Zimbabwe
South African Airways (SAA) said it was still struggling to get over US$50 million out of Zimbabwe.Equating roughly to around R1 billion, Parliament's Standing Committee on Public Accounts (SC...Published: 24 Oct 2024 at 08:06hrs | 1230 | by Staff reporter
Mnangagwa shields Ruwa Local Board assets from seizure, sale
President Emmerson Mnangagwa has exercised his emergency powers to protect the assets of the Ruwa Local Board from sale and seizure, responding to a dire situation that threatens the well-being of the...Published: 23 Oct 2024 at 07:51hrs | 234 | by Staff reporter
NPA clears 69 708 criminal cases
The National Prosecuting Authority (NPA) of Zimbabwe successfully cleared 69,708 out of 101,112 cases between January and September 2024, marking a significant achievement in the country's judicial sy...Published: 23 Oct 2024 at 07:44hrs | 54 | by Staff reporter
South Africa is ruled by individuals who happen to wear robes
Apartheid was "legal". Jim Crow laws in the US were "legal". Colonialism was "legal". Even the Nazis were "legal". So, what does it mean to have the rule of law? And whose law is it anyway?In ...Published: 22 Oct 2024 at 10:38hrs | 642 | by Lindiwe Sisulu
Mnangagwa stalling the return of ZPRA properties
President Emmerson Mnangagwa is intentionally delaying the return of properties confiscated from ZPRA veterans, according to Andreas Ethan Mathibela, a faction leader of the Zimbabwe National Liberati...Published: 21 Oct 2024 at 14:42hrs | 1483 | by Staff reporter
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 704 | by Admire Maparadza Dube
Ex-top Zimbabwe govt official accused of grabbing farm equipment
Former diplomat and ex-permanent secretary Joey Bimha is embroiled in a legal dispute concerning allegations of improperly seizing farming equipment from his former business partner, Sebastian Hugh Zi...Published: 20 Oct 2024 at 14:14hrs | 4405 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1749 | by Staff reporter
Lobola confusion hits Zimbabwe
The 2022 Marriage Act, which consolidates previous separate laws on civil and customary marriages, has sparked widespread misinformation on social media, prompting clarification from Justice, Legal, a...Published: 19 Oct 2024 at 12:08hrs | 28923 | by Staff reporter
Divorcee ordered to stay with estranged wife
The High Court of Harare has ruled in favor of Sarah Madzura, a divorced woman from Chegutu, ordering her estranged husband, Onias Gotora, to allow her to remain in the family home following an evicti...Published: 18 Oct 2024 at 08:45hrs | 390 | by Staff reporter
Potraz raises red flag over impact of power cuts on telcos
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has expressed serious concerns regarding the ongoing power outages that threaten to disrupt the country's telecommunications...Published: 17 Oct 2024 at 08:58hrs | 84 | by Staff reporter
African Sun terminates hotel sale agreements with TD hotels
Hospitality group African Sun Limited (ASL) has announced the termination of its agreements for the sale of two hotels to TD Hotels & Leisure (Private) Limited. The decision comes as ASL had previ...Published: 14 Oct 2024 at 10:22hrs | 1344 | by Staff reporter
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 706 | by Staff reporter
Top Zimbabwe lawyer given ultimatum
The Law Society of Zimbabwe (LSZ) has given prominent lawyer Wilson Manase a deadline of ten days to provide an explanation for his failure to finalize the estate of the late businesswoman Jane Maisir...Published: 13 Oct 2024 at 12:43hrs | 1428 | by Staff reporter
Major pension boost for Zimbabwe civil servants
Public sector workers in Zimbabwe are set to benefit from enhanced retirement packages under the proposed State Service Pension Fund, which aims to boost both financial and social security for civil s...Published: 13 Oct 2024 at 12:22hrs | 1049 | by Staff reporter
Telecel Zimbabwe faces scandal over disappearance of generators
Telecel Zimbabwe, one of the country's three mobile telecommunications companies, is embroiled in a scandal following the alleged theft of 20 generators used to provide backup power to its network tow...Published: 13 Oct 2024 at 12:20hrs | 306 | by Staff reporter
Let us prevent another land reform in the future
The land reform program initiated by Zanu-PF in the early 2000s was one of the most defining moments in Zimbabwe's post-independence history. While the need for land redistribution was deeply rooted i...Published: 11 Oct 2024 at 08:28hrs | 392 | by Jacob Kudzayi Mutisi
BREAKING NEWS: ZANU PF Councillor Threatens Court Officers with Axe to Resist Eviction from Umguza Farm
In a shocking turn of events, ZANU PF Bulawayo Ward 1 Councillor, Josiah Mutangi, is embroiled in a dramatic standoff after defying a court-ordered eviction from a farm he has unlawfully occupied for ...Published: 10 Oct 2024 at 22:33hrs | 2796 | by Staff Reporter
Matabeleland North rural benefit from stock feed programme
USAID-funded programme Amalima Loko will introduce discounted stock feeds to Matabeleland North rural farmers to alleviate livestock deaths due to hunger....Published: 10 Oct 2024 at 09:51hrs | 198 | by Stephen Jakes
Mutapa assets valued at US$16bn
A comprehensive valuation of companies under the Mutapa Investment Fund (MIF), carried out by prominent local and international accounting firms over the past five months, has placed the total value o...Published: 06 Oct 2024 at 10:02hrs | 217 | by Staff reporter
Tshinga Dube burial this week
National hero Colonel Tshinga Dube (Retired) will be buried at the National Heroes Acre in Harare this week, with a funeral service scheduled for tomorrow at Bulawayo's Barbourfields Stadium. Col Dube...Published: 06 Oct 2024 at 10:00hrs | 503 | by Staff reporter
ZPRA veterans lament Tshinga Dube's death before return of confiscated properties
The ZPRA Veterans Association has expressed profound sorrow over the passing of Retired Colonel Tshinga Judge Dube, who died on Thursday evening at the age of 83 due to kidney failure. His death comes...Published: 05 Oct 2024 at 13:22hrs | 405 | by Staff reporter
Cyber crimes under-reported
Despite tireless efforts made by local, regional and global state and non-state actors to curb cybercrimes, statistics continues to spike because victims shun reporting these cases and therefore suffe...Published: 04 Oct 2024 at 12:14hrs | 291 | by Gideon Madzikatidze
Zimbabwe records growth across sectors
Zimbabwe is making notable strides in various economic sectors despite the challenges posed by climate change-induced droughts and Western-imposed sanctions, President Emmerson Mnangagwa said during h...Published: 03 Oct 2024 at 08:45hrs | 72 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1193 | by Staff reporter
Mnangagwa's SONA headache
President Emmerson Mnangagwa is set to deliver his State of the Nation Address (SONA) today, facing mounting public discontent over a deepening currency crisis, soaring living costs, widespread hunger...Published: 02 Oct 2024 at 07:53hrs | 929 | by Staff reporter
Exposing economic saboteurs threatening Zimbabwe's future
THE introduction of the Zimbabwe Gold Currency (ZiG) symbolised a shift toward economic sovereignty, self-reliance and stability. Yet, instead of celebrating this monumental effort, some individuals w...Published: 02 Oct 2024 at 07:49hrs | 248 | by Innocent Mujeri
Mnangagwa signs 5 aviation protocols
President Emmerson Mnangagwa has taken a significant step in supporting international civil aviation by signing five instruments of ratification and accession related to the International Civil Aviati...Published: 02 Oct 2024 at 07:48hrs | 145 | by Staff reporter
'Zimbabwe public properties an eyesore'
National Housing and Social Amenities Minister Zhemu Soda has called for immediate action to renovate government properties across Zimbabwe, describing many as uninhabitable and unsightly. Speaking at...Published: 01 Oct 2024 at 14:26hrs | 207 | by Staff reporter
Chivayo gifts Daisy Mtukudzi a 2024 Toyota Fortuner
Controversial businessman Wicknell Chivayo has made headlines once again, this time by gifting Daisy Mtukudzi, widow of the late music legend Oliver Mtukudzi, a brand-new 2024 Toyota Fortuner. The ges...Published: 01 Oct 2024 at 13:42hrs | 1136 | by Staff reporter
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44606 | by Staff reporter
High Court rescinds Assemblies of God default judgment
The High Court has overturned a default judgment that had been passed against leaders of the Assemblies of God - Spiritual Movement (AoG-SM), sparing them from eviction from their church premises in M...Published: 28 Sep 2024 at 12:11hrs | 135 | by Staff reporter
Load More Stories
