Search / Assets
It's high time foreign governments took the lead in investigating Zimbabwe's corrupt elite
The Zimbabwe ruling elite clearly won't act against high-level corruption.There is something profoundly disturbing about the silence of Zimbabwean authorities in the wake of the damning exposÃ...Published: 8 hrs ago | 214 | by Tendai Ruben Mbofana
ZACC to recruit 30 new investigators
The Zimbabwe Anti-Corruption Commission (ZACC) is set to bolster its capacity by recruiting 30 additional investigators, raising its operational workforce from 90 to 120 as part of ongoing efforts to ...Published: 30 Apr 2025 at 07:12hrs | 198 | by Staff reporter
Chiyangwa in court for defrauding Guramatunhu of over US$500k in cryptocurrency
A 31-year-old man from Harare, Lloyd Chiyangwa, appeared before regional magistrate Mr. Donald Ndirowei on Friday, facing fresh money laundering charges after allegedly defrauding prominent eye surgeo...Published: 28 Apr 2025 at 12:17hrs | 148 | by Staff reporter
Chiyangwa defrauds Dr Solomon Guramatunhu of US$500,000
Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly fallen victim to a massive fraud scheme after his employee, Lloyd Chiyangwa, allegedly siphoned US$500,000 from him and used the funds to...Published: 27 Apr 2025 at 22:08hrs | 2037 | by Staff reporter
Kariba Dam rehabilitation programme hits milestone
The Zambezi River Authority (ZRA) has successfully completed quality checks on Floodgate 1 of the Kariba Dam, marking a major milestone in the ongoing rehabilitation of one of southern Africa's most c...Published: 26 Apr 2025 at 09:41hrs | 648 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 74 | by Staff Reporter
Mutapa clarifies Kuvimba's US$1,9 billion acquisition
The Government of Zimbabwe has provided clarity on the funding structure used for its acquisition of a 35 percent stake in Kuvimba Mining House (KHM), the country's largest mining asset, by the Mutapa...Published: 25 Apr 2025 at 07:40hrs | 374 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 792 | by Farai Matiashe, Al Jazeera
Mnangagwa under fire
President Emmerson Mnangagwa and his government have come under intense pressure from Zimbabwe's civic society organisations (CSOs) to repeal the recently signed Private Voluntary Organisations (PVO) ...Published: 24 Apr 2025 at 07:30hrs | 6861 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 24 Apr 2025 at 07:08hrs | 139 | by Staff reporter
Supreme Court awards UZ bursar US$320,000
A former bursar of the University of Zimbabwe (UZ), Vengai Mugabe, has been awarded US$323,046 in damages after a lengthy legal battle over his dismissal in 2018. Mugabe was fired after he refused to ...Published: 23 Apr 2025 at 08:34hrs | 972 | by Staff reporter
High Court strikes procurement law challenge off the roll
A legal challenge mounted by Harare lawyer Mr Naison Machingauta against a controversial provision in Zimbabwe's public procurement law has been struck off the High Court roll, with the court citing c...Published: 23 Apr 2025 at 08:26hrs | 83 | by Staff reporter
CIO ordered to pay employee US$132,000
A High Court judge has ordered the director-general of the Central Intelligence Organisation (CIO) to pay an employee, Tryness Kabiti, US$132,152 after her salary was unjustly reduced, marking a signi...Published: 22 Apr 2025 at 08:17hrs | 2351 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 128 | by Staff reporter
Zimbabwe to get share of US$300m Afreximbank dividend
The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...Published: 16 Apr 2025 at 23:22hrs | 141 | by Staff reporter
Why compensate white farmers, not ZPRA?
Veteran freedom fighter and opposition politician Moses Mzila Ndlovu has strongly criticised the Zimbabwean government's recent payment of compensation to white former commercial farmers, calling it a...Published: 14 Apr 2025 at 19:02hrs | 1610 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10280 | by Staff reporter
EU withdraws funding after Zimbabwe signs PVO Bill into law
President Emmerson Mnangagwa's decision to sign the controversial Private Voluntary Organisations (PVO) Amendment Bill into law has sparked widespread condemnation, most notably from the European Unio...Published: 13 Apr 2025 at 09:48hrs | 1751 | by Staff reporter
Afreximbank's $100 million Harare Trade Centre nears completion
African Export-Import Bank (Afreximbank) is set to transform Harare's skyline with the imminent completion of its US$100 million African Trade Centre, a landmark project that will serve as the Souther...Published: 12 Apr 2025 at 14:39hrs | 371 | by Staff reporter
Mnangagwa signs PVO Amendment Bill into law
President Emmerson Mnangagwa has officially signed the contentious Private Voluntary Organisations (PVO) Amendment Bill into law, marking a significant shift in Zimbabwe's regulatory framework for civ...Published: 12 Apr 2025 at 13:45hrs | 281 | by Staff reporter
Why is the greed of Zimbabwe's leaders so insatiable - even at the cost of the nation?
Killing the goose that lays the golden egg! There is a peculiar kind of greed that afflicts some leaders - one so insatiable it defies logic. It is a form of acquisitive madness that t...Published: 12 Apr 2025 at 09:17hrs | 73 | by Tendai Ruben Mbofana
After making Zimbabweans suffer, the ZANU-PF leadership now wants to kill them!
Do those in power really care about us? After plunging millions of Zimbabweans into untold poverty and misery through corruption, misgovernance, and authoritarian rule, the ZANU-PF leadership ...Published: 09 Apr 2025 at 11:08hrs | 713 | by Tendai Ruben Mbofana
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1043 | by Tendai Ruben Mbofana
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | by Staff reporter
Choppies exits Zimbabwe with US$1 million loss
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately US$1.02 million) following the disposal of its Zimbabwean operations in December...Published: 04 Apr 2025 at 13:39hrs | 1104 | by Staff reportetr
Zimbabwean appointed Deputy Chair of GSMA Board
The GSM Association (GSMA), a leading global organisation in the telecommunications sector, has appointed Zimbabwean-born Ralph Mupita, the President and CEO of MTN Group, as the deputy chair of its b...Published: 04 Apr 2025 at 06:50hrs | 331 | by Staff reporter
ZITF makes key appointments
The Zimbabwe International Trade Fair (ZITF) Company has announced two key appointments aimed at advancing its strategic vision and strengthening its position in the exhibition industry.Accord...Published: 03 Apr 2025 at 08:20hrs | 492 | by Staff reporter
Dairibord to start toll production in SA
Dairibord Holdings is set to expand its operations in the region to drive export growth, with South Africa as the immediate destination for a planned toll manufacturing project. The initiative is expe...Published: 02 Apr 2025 at 08:48hrs | 131 | by Staff reporter
Supplier fails to deliver 50 cars to Zimra
THE Zimbabwe Revenue Authority (Zimra) reportedly paid a staggering US$209 million for 85 vehicles but only received 15 Toyota Hilux vehicles, with none of the 50 Toyota Corolla vehicles delivered, Pa...Published: 01 Apr 2025 at 08:43hrs | 956 | by Staff reporter
Stroke of a genius Real Reason Musk Bought Twitter
When Elon Musk first bought Twitter (now X), many were puzzled. Why would the man behind Tesla, SpaceX, and Neuralink companies focused on cutting-edge technology suddenly dive into social media?...Published: 31 Mar 2025 at 22:40hrs | 904 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe's worst-designed city: Zimre Park, Ruwa
I urge the residents of Zimre Park, Ruwa, to recognize the urgent need to safeguard our property values, which are being undermined by the Ruwa Local Board's (RLB) evident mismanagement. The RLB's lac...Published: 29 Mar 2025 at 09:43hrs | 1141 | by Sam Wezhira
Judge faces serious allegations of attempting to defraud Zimasco
Zimbabwe Alloys and Smelting Company (ZIMASCO) has formally lodged a complaint with the Judicial Services Commission (JSC) against High Court Judge Joel Mambara, alleging judicial misconduct in a case...Published: 28 Mar 2025 at 12:28hrs | 2723 | by Staff reporter
Bulawayo businesses flee CBD to suburbs
Real estate consultancy firm Knight Frank Zimbabwe has revealed that aging and poorly maintained infrastructure is a key factor behind the soaring vacancy rates in Bulawayo, which have reached a stagg...Published: 27 Mar 2025 at 06:16hrs | 3866 | by Staff reporter
Message for all Zimbabwe's Property Owners
The conviction of Prosper Bizwick by Harare magistrate Ethel Sichera has shed light on the deep-rooted corruption within the Deeds Office, exposing how those entrusted with public service can betray t...Published: 25 Mar 2025 at 21:56hrs | 1383 | by Engineer Jacob Kudzayi Mutisi
Anglo American Platinum to rebrand as Valterra Platinum
Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company.The name change is pa...Published: 24 Mar 2025 at 13:39hrs | 1383 | by Staff reporter
Fidelity Gold Refinery invites bids for gold collection centre construction
Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility a...Published: 23 Mar 2025 at 08:08hrs | 222 | by Staff reporter
Zimasco placed under corporate rescue
Zimasco, one of Zimbabwe's largest ferrochrome producers, has been placed under corporate rescue following court filings by controversial businessman Shepherd Tundiya, who claims the company owes cred...Published: 17 Mar 2025 at 11:00hrs | 859 | by Staff reporter
Politics collapsed Zimbabwean economy
The Political atmosphere in Zimbabwe is changing dramatically almost every few years since the forced departure of the brutal, long serving late nonagenarian.The current scenes are synonyms wi...Published: 13 Mar 2025 at 16:13hrs | 429 | by Sithembiso Hadebe - Political activist
POSB scandal exposes Mnangagwa?
Documents supporting President Emmerson Mnangagwa's controversial handling of the planned sale of the state-owned People's Own Savings Bank (POSB) have sparked grave concerns regarding transparency an...Published: 11 Mar 2025 at 08:11hrs | 3526 | by Staff reporter
POSB scandalous sale deal comes under scrutiny
Despite the questionable agreement surrounding the state-owned People's Own Savings Bank (POSB), Attorney-General Virginia Mabiza's correspondence with the bank's management and a directive from Presi...Published: 11 Mar 2025 at 08:06hrs | 972 | by Staff reporter
Top cop accused of extorting business community
The Zimbabwe Republic Police (ZRP) has initiated an investigation into Superintendent Elizabeth Chipfakacha following serious allegations of extortion and illicit activities raised by the Masvingo bus...Published: 09 Mar 2025 at 13:29hrs | 304 | by Staff reporter
Sheriff of the High Court to launch e-auctions
The Sheriff of the High Court is set to introduce online auctions (e-auctions) to enhance efficiency and transparency in the disposal of goods attached by the courts. This move is part of the broader ...Published: 09 Mar 2025 at 13:11hrs | 42 | by Staff reporter
Emmerson Mnangagwa and the 26 criminals around him
In November 2017, former President Robert Mugabe was removed from office and his crime, according to the putschists who ousted him in a coup, was that he had allowed himself to be surrounded by crimin...Published: 08 Mar 2025 at 15:51hrs | 1691 | by Luke Tamborinyoka
Fuel fraudster jailed for 20 years
The High Court of Zimbabwe, sitting in Harare, has sentenced Tinashe Sibanda to 20 years in prison after convicting him of fraud. In a related ruling, the court ordered the confiscation of assets belo...Published: 08 Mar 2025 at 14:45hrs | 209 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2027 | by Staff reporter
Bulawayo City Council installs new elevators at Tower Block
The Bulawayo City Council has invested US$778 260 in installing new elevators at the Tower Block Municipal Building, with further plans to rehabilitate other key city assets, including the City Hall C...Published: 03 Mar 2025 at 12:32hrs | 264 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 404 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 345 | by NewsHawks
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 493 | by Marilyn Mutize
Load More Stories
