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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: 11 hrs ago | 1085 | by Staff reporter
Zifa Village to get a facelift
The Zimbabwe Football Association (ZIFA) has taken significant steps towards revitalizing ZIFA Village, aiming to elevate it to standards suitable for hosting national team training camps. In a recent...Published: 01 Nov 2024 at 09:12hrs | 328 | by Staff reporter
Management shake up at RBZ
The Reserve Bank of Zimbabwe (RBZ) is initiating a significant remodelling of its management structure as newly appointed Governor John Mushayavanhu aims to assemble a capable team to address the coun...Published: 01 Nov 2024 at 06:48hrs | 2139 | by Staff reporter
Gono company directorship change case takes new twist
The trial of Clark Clever Makoni and his wife Beverly Aisha Ndonda Makoni resumed yesterday, with the prosecution alleging that the couple engaged in fraudulent activities by illegally changing the di...Published: 01 Nov 2024 at 06:40hrs | 439 | by Staff reporter
Russia fines Google US$2.5 decillion
A Russian court has fined Google $2.5 decillion for allegedly blocking pro-Kremlin propaganda on YouTube.The fine, which is the equivalent of $2.5 trillion trillion trillion, is the result of ...Published: 31 Oct 2024 at 08:37hrs | 732 | by Staff reporter
'Sovereignty ego maintaining Zimbabwe's ailing ZiG'
Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu...Published: 30 Oct 2024 at 10:36hrs | 878 | by Staff reporter
South Africa plans to say goodbye to cash?
Despite the surging adoption of contactless payments in South Africa, more than half of the country still relies on cash as their dominant payment method, and the digital divide is slowing the migrati...Published: 29 Oct 2024 at 13:54hrs | 2819 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3869 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4474 | by Staff reporter
Botswana vote shaken up by angry ex-president
Botswana holds a presidential election on Wednesday energised by a campaign by one previous head-of-state to unseat his handpicked successor whose first term has seen rising discontent amid a downturn...Published: 29 Oct 2024 at 09:21hrs | 3269 | by AFP
5 in court for armed robbery
Five individuals have appeared before a Harare magistrate, facing multiple counts of armed robbery involving firearms and axes to intimidate victims and steal valuables.The accused - Talkmore ...Published: 29 Oct 2024 at 07:42hrs | 311 | by Staff reporter
'Taxi rank' chaos in Bulawayo CBD
Bulawayo's city centre is facing significant disruption as kombi crews, illegal taxi operators, and inter-city buses continue to flout traffic regulations and city by-laws, particularly during peak ho...Published: 29 Oct 2024 at 07:39hrs | 294 | by Staff reporter
RBZ rubbishes Chamisa lawyer's claims on ZiG
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that the Zimbabwe Gold (ZiG) currency remains the country's legal tender, dismissing speculation that it had expired following the lapse of Statutory ...Published: 29 Oct 2024 at 07:25hrs | 345 | by Staff reporter
ZiG remains fully legal and operational, says RBZ
The Reserve Bank of Zimbabwe (RBZ) has reassured the public that the Zimbabwe Gold (ZiG) currency remains fully legal and operational, dismissing concerns about potential regulatory gaps. This clarifi...Published: 28 Oct 2024 at 17:12hrs | 1002 | by Staff reporter
Zimbabwe security firms rope in Police Support Unit
In response to a recent spike in nationwide robberies, security companies are partnering with the Zimbabwe Republic Police (ZRP) Support Unit to enhance protection for cash-in-transit (CIT) deliveries...Published: 28 Oct 2024 at 06:58hrs | 384 | by Staff reporter
Chamisa's lawyer says ZiG has expired
Nelson Chamisa's lawyer has alleged that Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), introduced in April as a stabilizing alternative to the Zimbabwean dollar, may have lost its status a...Published: 27 Oct 2024 at 19:19hrs | 3184 | by Staff reporter
Cheap mobile and fintech innovator a solution for the Zimbabwe market
Greydot Telecommunications Zimbabwe, a subsidiary of Greydot Telecommunications Africa, is making significant strides in the telecommunications and fintech landscape across Southern Africa. Establishe...Published: 27 Oct 2024 at 14:32hrs | 756 | by Staff reporter
IMF cautions Zimbabwe
ZIMBABWE won't solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the International Monetary Fund said."There's a tendency t...Published: 27 Oct 2024 at 12:30hrs | 3999 | by Staff reporter
Tshabangu in bruising tussle over windfall
Employees of the opposition Citizens Coalition for Change (CCC) have turned to Justice Minister Ziyambi Ziyambi, appealing for assistance in recovering approximately US$1.2 million in outstanding sala...Published: 27 Oct 2024 at 12:29hrs | 4432 | by Staff reporter
War vets company duped US$13,000
Four directors of Zvimba East Veterans Investment Company appeared before Harare magistrate Lisa Mutendereki recently, facing allegations of defrauding the company of US$13,000 through forgery. The ac...Published: 27 Oct 2024 at 12:27hrs | 102 | by Staff reporter
RBZ pumps US$32 million into market
The Reserve Bank of Zimbabwe (RBZ) has infused approximately US$32 million into the interbank foreign exchange market over the past three weeks to stabilize the Zimbabwe Gold (ZiG) currency and addres...Published: 27 Oct 2024 at 12:19hrs | 154 | by Staff reporter
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 259 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 258 | by Staff reporter
Gono company loss case continues
A key witness in the ongoing fraud trial involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has stated that Gono should be summoned to court to ...Published: 26 Oct 2024 at 12:42hrs | 66 | by Staff reporter
5 charged with multiple robbery counts, jailed
A gang of five suspected armed robbers has been arrested and charged with multiple counts of armed robbery in connection with a series of crimes committed around Harare and Chitungwiza. The suspects, ...Published: 26 Oct 2024 at 12:40hrs | 117 | by Staff reporter
China opposes coercive measures against developing countries
China on Tuesday represented 28 Global South countries and delivered a joint statement at the United Nations opposing unilateral coercive measures and urging countries imposing them to "immediately an...Published: 25 Oct 2024 at 15:52hrs | 132 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 561 | by Staff reporter
'Projected Trump victory driving demand for dollars'
Increasing belief on the financial markets that Donald Trump will win the US presidential election next month has been strengthening the dollar, Bloomberg has reported, citing British multinational ba...Published: 25 Oct 2024 at 13:45hrs | 559 | by Staff reporter
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 599 | by Ambassador Pamela M. Tremont
Malawi rolls out dual citizenship to Malawians living in Zimbabwe
For 59-year-old Ms. Rita Kasichi, a Zimbabwean of Malawian descent, the dream of visiting her extended family in Malawi is finally within reach after being unable to acquire a passport for decades. Bo...Published: 25 Oct 2024 at 08:46hrs | 17727 | by Staff reporter
Innovate Change: Best Online Casinos in New Zealand | Where to Play and Win Real Money
Multiple online casinos offer players the chance to win big while enjoying their favorite games from the comfort of home. However, not all online casinos are created equal. To help Kiwi players fin...Published: 24 Oct 2024 at 14:59hrs | 155 | by Staff Reporter
Robbers keep targeting Zimbabwe banks
Police have launched a manhunt for four suspected robbers who, armed with machetes and axes, raided a financial institution in the Mumvuri area of Shurugwi early Saturday morning. The gang made off wi...Published: 24 Oct 2024 at 13:12hrs | 1191 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2158 | by Staff reporter
Gono fraud case takes a turn
The ongoing case involving a Harare couple accused of defrauding former Reserve Bank of Zimbabwe governor Gideon Gono took a surprising twist yesterday when a key witness admitted he had no direct evi...Published: 24 Oct 2024 at 08:00hrs | 989 | 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
The real story behind Britain's withdrawal from Zimbabwe's land reform: Exposing corruption and mismanagement
AS SOUTHERN Africa approaches another 'SADC Anti-Sanctions Day,' the Zimbabwean government is once again amplifying the narrative that economic sanctions, particularly from Western countries like the ...Published: 23 Oct 2024 at 20:37hrs | 842 | by Tendai Ruben Mbofana
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 266 | by Tendai Ruben Mbofana
Jamboo joins Crowdcube in groundbreaking fundraising campaign
Fintech company Jamboo has embarked on an exciting new chapter, launching its fundraising campaign on Crowdcube, the UK's largest crowdfunding platform. Jamboo, co-founded by Zimbabwean entrep...Published: 23 Oct 2024 at 20:23hrs | 179 | by Agencies
Zimbabwe's Education-Economy Nexus
Zimbabwe's Education-Economy Nexus: Evaluating the Impact of Education on Graduate Employment and Economic GrowthIntroductionZimbabwe's educatio...Published: 23 Oct 2024 at 20:19hrs | 119 | by Isaac Nkomah
No to third term of office for President Mnangagwa: Mudenda
Former Mthwakazi Republic Party National Executive Council Chairman Mudenda Chilumbo has criticized the Zanu PF faction that is rallying for President Emmerson Mnangagwa to rule beyond 2028, stating t...Published: 23 Oct 2024 at 20:03hrs | 1887 | by Stephen Jakes
Sadc Chair 'endorses' disputed Mozambique elections
President Emmerson Mnangagwa has extended his congratulations to Daniel Chapo, the presidential candidate for the Front for the Liberation of Mozambique (Frelimo), amidst ongoing unrest in Mozambique ...Published: 23 Oct 2024 at 07:54hrs | 443 | by Staff reporter
Woman steals US$24 000 from employer
A 35-year-old woman from Barham Green, Bulawayo, appeared in court yesterday facing charges of stealing US$24,000 from a steel manufacturing company where she worked. The accused, Nothando Banana, all...Published: 23 Oct 2024 at 07:47hrs | 858 | by Staff reporter
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 108 | by Staff reporter
Mnangagwa says Zimbabwe's land reform programme irreversible
The President and First Secretary of the ruling ZANU PF party, Emmerson Mnangagwa, has reiterated that Zimbabwe's Land Reform Programme remains irreversible and protected. He made these remarks at the...Published: 22 Oct 2024 at 19:33hrs | 609 | by Staff reporter
Dumping US dollar 'keeps politics out of economic development'
Boosting trade settlements in national currencies between members of the BRICS group is a strategic necessity, Russian President Vladimir Putin has said, adding that a shift from the US dollar would s...Published: 22 Oct 2024 at 15:55hrs | 585 | by Staff reporter
Know your history:- Filabusi Memorial and the Edkins Store killings
Why Visit?: - This historic site remembers one of the earliest European murders of the Matabele Rebellion or First Umvukela of 1896. There seems no doubt that the initial killings occurred on ...Published: 22 Oct 2024 at 15:48hrs | 532 | by Staff reporter
Serial fraudster ordered to pay US$215,000 debt
HIGH Court judge Siyabona Musithu has ordered suspected con-artist Tawanda Denford Bondamakara to pay back US$215,000 in debt he incurred after he allegedly sold a non-existent piece of land to one Ru...Published: 22 Oct 2024 at 10:25hrs | 797 | by Staff reporter
ED2030 campaign suffers setback
An ambitious campaign to extend President Emmerson Mnangagwa's term beyond 2028 has suffered a significant setback, with a key faction of the ruling Zanu-PF party failing to endorse the move in resolu...Published: 22 Oct 2024 at 08:05hrs | 1730 | by Staff reporter
Nkomo blasts Zanu-PF over policy confusion
Zapu leader Sibangilizwe Nkomo has blasted Zanu PF government over policy which he blamed for economic quagmire in the country.In...Published: 22 Oct 2024 at 07:21hrs | 567 | by Stephen Jakes
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 | 1701 | by Staff reporter
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