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8 dead as car smashes into bridge pillar
Eight people were confirmed dead Sunday while two others were injured after a vehicle they were travelling in crashed into a bridge pillar and flung passengers outside in a tragic road accident that h...Published: 23 Jul 2024 at 20:54hrs | 2193 | by Staff reporter
Bulawayo City Council seeks 249 contract guards
The Bulawayo City Council is looking to hire 249 contract security guards aged 18 to 45. These guards will work under the Chamber Secretary's department. Applicants need to have at least an Or...Published: 23 Jul 2024 at 20:48hrs | 914 | by Staff reporter
Urgent action needed to resuscitate NRZ
The Government has been urged to accelerate the revival of the National Railways of Zimbabwe (NRZ) to enhance its role in providing crucial logistical solutions essential for the country’s developme...Published: 23 Jul 2024 at 07:19hrs | 112 | by Staff reporter
Mnangagwa reshuffles Harare Commission of Inquiry
President Mnangagwa has reshuffled the Commission of Inquiry into the governance of Harare City Council, appointing city lawyer Mr. Tafadzwa Charles Hungwe to replace Mr. Norbert Phiri as Commissioner...Published: 20 Jul 2024 at 11:44hrs | 127 | by Staff reporter
Mnangagwa must return Zipra assets
Zimbabwe People's Revolutionary Army (Zipra) war veterans have criticized the government for retaining their properties, arguing that returning these assets should be a priority in addressing the Guku...Published: 19 Jul 2024 at 06:11hrs | 774 | by Staff reporter
As long as ZACC isn't catching the 'big fish' then its work is useless!
The ZACC (Zimbabwe Anti Corruption Commission) has, of late, been bragging over its supposed 'successes'.ZACC commissioner Ndakaripa Hungwe recently told a national anti-corruption indaba in H...Published: 18 Jul 2024 at 15:02hrs | 408 | by Tendai Ruben Mbofana
Cyril Ramaphosa's 'plot' to kill the ANC
SOME senior ANC leaders have accused President Cyril Ramaphosa of working with external parties to collapse the governing party and replace it with a centre-right coalition led by him after the 2024 g...Published: 17 Jul 2024 at 09:09hrs | 1707 | by Staff reporter
NetOne's going concern status at risk
NetOne Private Limited, a telecommunications company in Zimbabwe, has been identified as technically insolvent and at risk of being unable to sustain its operations, according to a recent report. Rele...Published: 17 Jul 2024 at 06:51hrs | 613 | 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 | 36 | by Staff reporter
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 53 | by Staff reporter
Power challenges delay Go Beer re-opening
Gweru Mayor Martin Chivhoko announced at a recent full council meeting that the servicing of equipment at the city's beer concern, Go Beer, has been completed. However, plans for reopening are hindere...Published: 10 Jul 2024 at 07:49hrs | 1 | by Staff reporter
The Sentry report on Mutapa Fund is shallow and weak
I had the MISFORTUNE of going through a report prepared and distributed by The Sentry, possibly written by an excitable Nick Donovan. Long story short, the report is shallow and weak. Here is ...Published: 04 Jul 2024 at 16:37hrs | 7 | by MMatigary
ZEC requested to publicise procurement details voting material
The Zimbabwe Electoral Commission (ZEC) is facing scrutiny and calls for transparency regarding its procurement of voting materials for the 2023 elections. Human rights defender Tapiwa Chiriga has req...Published: 03 Jul 2024 at 10:32hrs | 1 | by Staff reporter
Ex-Zimra staffer falsified import of over 400 cars
Yvonne Tambudzai Musoni, a former employee at the Zimbabwe Revenue Authority (Zimra), allegedly hacked her supervisor's electronic signature to fraudulently approve the importation of over 400 vehicle...Published: 03 Jul 2024 at 10:23hrs | 3 | by Staff reporter
Fugitive ex-Zimra officer's property frozen
Former Zimbabwe Revenue Authority official, Tambudzai Yvonne Musoni, who is currently on the run, has been barred from selling or transferring her family house at Mabvazuva Estate and had US$47,500 in...Published: 02 Jul 2024 at 06:27hrs | 3 | by Staff reporter
Regional anti-graft body pushes for probe into Chivayo's murky US$40m ZEC deal
The Anti-Corruption Trust of Southern Africa (ACT-SA) is calling for urgent investigations into allegations of corruption involving businessman Wicknell Chivayo and a US$40 million deal with the Zimba...Published: 30 Jun 2024 at 18:37hrs | | by Staff reporter
Zanu-MP bemoans govt's failure to renovate National Sports Stadium
ZANU-PF Murewa West legislator Farai Jere has criticized Zimbabwe's failure to renovate the National Sports Stadium, highlighting the embarrassment caused by the national soccer teams being forced to ...Published: 30 Jun 2024 at 18:37hrs | | by Staff reporter
Australia firm unfazed by Zimbabwe lithium setback
MetalsGrove, an Australia Stock Exchange (ASX)-listed company, has announced its intention to continue pursuing lithium assets in Zimbabwe despite initial exploration setbacks. The company's explorati...Published: 30 Jun 2024 at 18:31hrs | | by Staff reporter
SA Rand is a DA member in good standing
South Africa's currency fell the most in emerging markets Thursday (27 June), leading a selloff in the nation's assets, amid growing anxiety over delays to the formation of President Cyril Ramaphosa's...Published: 28 Jun 2024 at 10:06hrs | 1 | by Staff reporter
NetOne loses ZiG285 000 to hacker
NetOne Cellular allegedly lost ZiG285,817 to a suspected hacker who exploited the RTGS to ZiG currency conversion from April this year. Takunda Gwaranda (21) appeared before Harare magistrate Mr. Denn...Published: 28 Jun 2024 at 07:39hrs | | by Staff reporter
Top lawyer faces probe over businesswoman's estate
Top lawyer Wilson Manase is under investigation by the Law Society of Zimbabwe (LSZ) for allegations of mishandling the estate of the late Sandra Jane Maisiri, which he has failed to finalize for over...Published: 23 Jun 2024 at 10:42hrs | 2 | by Staff reporter
Zimbabwe's banks not ready for cryptocurrency
At the inaugural Capital Markets Conference in Nyanga, it was disclosed that Zimbabwean banks are not yet prepared to fully integrate cryptocurrency trading, despite ongoing efforts by regulators to d...Published: 23 Jun 2024 at 10:40hrs | 1 | by Staff reporter
ZSE to list on own bourse
The Zimbabwe Stock Exchange (ZSE) is preparing to self-list on its own platform in the upcoming year, marking a significant milestone in its history. This move, aimed at accessing better risk-adjusted...Published: 22 Jun 2024 at 11:37hrs | | by Staff reporter
Hackers fleece NetOne during transition to ZiG
Two men from Kambuzuma, Harare, Martin Learnmore Gona (31) and Uwen Gonyora (34), were reported by NetOne (Pvt) Limited for allegedly hacking into its system and stealing over ZiG1 million last month ...Published: 13 Jun 2024 at 07:03hrs | | by Staff reporter
Microfinance sector dumps local currency
In the first quarter of 2024, the United States dollar loan portfolio in Zimbabwe's microfinance sector surged by nearly 8% to reach US$48.63 million, up from US$45.1 million in the previous quarter. ...Published: 12 Jun 2024 at 06:43hrs | 8 | by Staff reporter
IMF mission to assess new ZiG's impact on Zimbabwe economy
In June, an International Monetary Fund (IMF) consultation mission will visit Zimbabwe to evaluate the country's economic performance following the introduction of the Zimbabwe Gold (ZiG) currency. ...Published: 09 Jun 2024 at 09:15hrs | | by Staff reporter
Charting the optimal path for Zimbabwe's development REITs
This discourse delves into three principal governance models: the trustee-fund manager model, the board of directors approach, and the trustee-advisory board model.In the intricate landscape o...Published: 09 Jun 2024 at 09:13hrs | | by Bekithemba Mpofu
Chivayo buys Benz S Class Maybach?
Controversial Zimbabwean businessman Wicknell Chivhayo, known for his close ties to President Emmerson Mnangagwa, has recently acquired a new Mercedes-Maybach S-Class valued at R3.5 million, a car ren...Published: 06 Jun 2024 at 17:03hrs | 2 | by Staff reporter
Attachment of residents' houses displays CCC's heartless agenda
The decision by the Harare City Council (HCC) to take drastic measures against low-income residents who are struggling to pay their monthly rates by attaching over 50 properties due to non-payment, ha...Published: 04 Jun 2024 at 08:28hrs | | by Tonderai Ndoro
ZiG slows price increases in Zimbabwe
The Famine Early Warning Systems Network (FewsNet) reports that despite the introduction of the Zimbabwe Gold (ZiG) currency, which has brought some stability, prices in United States dollars (USD) re...Published: 03 Jun 2024 at 08:29hrs | | by Staff reporter
Zacc struggles to recover US$1bn tainted assets
Zimbabwe's weak extra-territorial judicial systems are hampering the Zimbabwe Anti-Corruption Commission (ZACC) from recovering looted funds believed to be hidden in foreign countries, NewsDay has rep...Published: 31 May 2024 at 21:18hrs | | by Staff reporter
Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | | by Staff reporter
9 million Zimbabweans food-insecure
The number of individuals requiring food assistance continues to escalate, with the government reporting that around nine million people are food insecure and in need of aid until March 2025. ...Published: 28 May 2024 at 09:56hrs | | by Staff reporter
Plot to hide ex-CIO boss's vast wealth
Allegations have surfaced that the widow of the late Maynard Muzariri, deputy director general of the Central Intelligence Organisation (CIO), deliberately underestimated the value of his assets, pote...Published: 26 May 2024 at 13:44hrs | 2 | by Staff reporter
Zacc arrests 235 public officials for land deals
The Zimbabwe Anti-Corruption Commission (Zacc) reports the arrest of 235 public officials for various offenses, including illegal land deals, criminal abuse of office, and fraud.Zacc Commissio...Published: 23 May 2024 at 10:50hrs | | by Staff reporter
Betting company's property attached
Bezbets, an online betting company, has had its assets seized by the Messenger of Court due to a debt of US$5,400 owed to a punter in Harare.The attached assets comprise television sets, board...Published: 23 May 2024 at 10:49hrs | | by Staff reporter
'Embrace ZiG to bring stability'
Vice President Kembo Mohadi recently emphasized the importance of collective effort in embracing the ZiG currency, stating that it will contribute to a smoother transition towards a more stable econom...Published: 22 May 2024 at 09:42hrs | | by Staff reporter
Residents risk losing properties over unpaid bills
The Bulawayo City Council has warned that thousands of residents may lose their properties if they default on paying their bills.Over 2,000 households have already had their water supplies dis...Published: 21 May 2024 at 08:17hrs | | by Staff reporter
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 2 | by Dr Bekithemba Mpofu
Zanu-PF bigwigs fingered in shady council deals
Top Zanu-PF officials were some of the alleged beneficiaries of opaque land deals in Manicaland's Makoni district that resulted in the suspension of some top council officials, it has been revealed....Published: 19 May 2024 at 12:23hrs | | by Staff reporter
Zimra faces parly probe
ZIMBABWE may have lost potential revenues running into millions of United States dollars due to lax systems at the Zimbabwe Revenue Authority (Zimra), which is now facing parliamentary probe.T...Published: 19 May 2024 at 12:21hrs | 2 | by Staff reporter
Open Letter to President Mnangagwa to Commission an Inquiry into Redcliff Municipality
Dear President Mnangagwa, It was with such great pleasure and a long overdue move that we learned of Your Excellency's instituting a Commission of Inquiry into the affairs of the City of Harar...Published: 17 May 2024 at 14:09hrs | 2 | by Tendai Ruben Mbofana
ZiG needs to be backed by RBZ discipline
According to the Reserve Bank of Zimbabwe (RBZ), a structured currency is a currency that is pegged to a specific exchange rate or currency basket and backed by a bundle of foreign exchange assets lik...Published: 16 Apr 2024 at 18:04hrs | | by Zimbabwe Coalition on Debt and Development
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | | by Kenneth Mufuka
Mnangagwa defends Zimbabwe's new gold-backed currency
President Emmerson Mnangagwa has staunchly defended the newly launched gold-backed ZiG currency, asserting that it exemplifies his government's commitment to harnessing national resources. Mnangagwa m...Published: 12 Apr 2024 at 09:52hrs | | by Staff reporter
Zimbabwe banks, service providers successfully configure systems, processes to ZiG
OVER 90 percent of banking institutions and mobile bank service providers have successfully configured their systems and processes in line with the new monetary policy guidelines, paving the way for s...Published: 11 Apr 2024 at 08:39hrs | | by Staff reporter
Mnangagwa to commission Kamativi Mine
As Zimbabwe showcases strength in lithium reserves, the largest in Africa, attention is drawn to Kamativi in Hwange District, Matebeleland North Province, where President Mnangagwa is tomorrow expecte...Published: 11 Apr 2024 at 08:38hrs | | by Staff reporter
Annual independent external audit for RBZ reserves
Independent external auditors shall audit Reserve Bank of Zimbabwe (RBZ) precious minerals and foreign currency reserves backing the country's new currency, Zimbabwe Gold (ZiG), once a year as part of...Published: 11 Apr 2024 at 08:32hrs | 2 | by Staff reporter
Heavily Militarised government is the reason for economic meltdown
I am compelled by love of my country to delve deep into the core issues that hinder progress and meaningful development including but not limited to the abuse of power and intimidation of citizens by ...Published: 10 Apr 2024 at 22:25hrs | | by Sithembiso Hadebe
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
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