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Zimbabwe Banking on Gold to Drive Economic Growth and Foreign Currency Inflows
Zimbabwe's gold sector is on track to significantly boost the country's economy, with output projected to reach 40 tonnes this year. This growth is attributed to substantial investments, a stable oper...Published: 07 Jan 2025 at 18:19hrs | 544 | by Ndou Paul
Zimra auctions off goods, 'seizes' them
The Zimbabwe Revenue Authority (Zimra) at Beitbridge has seized a consignment of alcoholic beverages worth US$84,741.58—despite having previously sold it to a successful bidder at an auction just da...Published: 31 Dec 2024 at 13:48hrs | 162 | by Staff reporter
Why ACKO Drive is India's Most Trusted Car-Buying Platform
With multiple car-buying platforms, finding a service that combines convenience, transparency, and trust can be challenging. Enter the online platform ACKO Drive, designed to make the entire process s...Published: 24 Dec 2024 at 12:06hrs | 57 | by Staff Reporter
NRZ to auction scrap wagons and passenger coaches across Zimbabwe
The National Railways of Zimbabwe (NRZ) has announced plans to dispose of 422 scrap wagons and several decades-old passenger coaches, located in Bulawayo, Harare, and other sites across the country. T...Published: 17 Dec 2024 at 06:33hrs | 1423 | by Staff reporter
Man in court over alleged US$9,000 housing fraud
A Bulawayo man, Isiah Ncube, appeared before the Bulawayo regional magistrate, Mrs. Dambudzo Malunga, yesterday facing charges of defrauding a 50-year-old woman of over US$9,000 in a botched housing d...Published: 13 Dec 2024 at 06:49hrs | 424 | by Staff reporter
Zimbabweans drive property boom in Sandton, South Africa
A growing number of high-net-worth Zimbabweans are turning to Sandton, South Africa, as a preferred destination for property investments, business expansion, and lifestyle enhancement.One proj...Published: 12 Dec 2024 at 06:43hrs | 5806 | by Staff reporter
As the curtain comes down
Zimbabwe is a sun-drenched country in Southern Africa, some fifteen to twenty degrees South of the Equator. It's Central Plateau and Eastern Highlands are high, full of botanical flowers, trees, rocks...Published: 11 Dec 2024 at 19:46hrs | 302 | by Leonard Koni
4 banks quit in South Africa in 2024
BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announc...Published: 09 Dec 2024 at 15:19hrs | 780 | by Staff reporter
Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 518 | by Staff reporter
Slough is Britain's most miserable place to live
BRITAIN'S most miserable places to live have been named in a new shortlist - but does your hometown make the cut? A yearly happiness study by property website Rightmove has revealed that Slough in Ber...Published: 06 Dec 2024 at 16:44hrs | 456 | by Staff reporter
Zimbabwe's Matebeleland might have a claim in Botswana's Tati concession
The government of Botswana, through the Ministry of Lands and Agriculture, acquitted 45,000 hectares of land from the Tati company under the willing buyer and willing seller arrangement. The Botswana ...Published: 04 Dec 2024 at 10:10hrs | 22583 | by Zenzele Ndebele
Baby-selling trio denied bail
A 47-year-old woman from Murehwa accused of helping her 16-year-old daughter sell her new-born baby for US$180 has been denied bail by Harare regional magistrate Marehwanazvo Gofa.The woman, h...Published: 04 Dec 2024 at 06:38hrs | 81 | by Staff reporter
New arrest in flashy car theft case
Another suspect has been arrested in connection with the theft of a South African-registered Toyota Fortuner in Bulawayo, a case that has garnered significant public attention due to the alleged invol...Published: 03 Dec 2024 at 08:52hrs | 989 | by Staff reporter
Zimbabwe govt halts Harare demolitions, demands 4 months' notice
The Zimbabwean government has barred the Harare City Council from demolishing houses without providing a minimum notice period of four months, ensuring affected property owners have time to reconstruc...Published: 02 Dec 2024 at 07:16hrs | 1335 | by Staff reporter
Starlink opens capacity in Harare and Bulawayo
After weeks of being sold out in congested areas of Harare, its surrounding towns, and Bulawayo, Starlink has reopened its capacity - but with restrictions. The service is now available exclusively th...Published: 01 Dec 2024 at 15:10hrs | 7859 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 103 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 82 | by Willias Madzimure
Bulawayo court uncovers potential car theft syndicate
A Bulawayo magistrate has denied bail to prominent car dealer and socialite Brighton Chipunza, citing compelling evidence that he poses a flight risk and might interfere with witnesses. Chipunza, who ...Published: 29 Nov 2024 at 07:09hrs | 1262 | by Staff reporter
ZiG monthly inflation seen staying below 3%
Zimbabwe's gold-backed currency (ZiG) is expected to maintain stable inflation levels, with average month-on-month inflation forecast to remain below 3% in 2025. This projection is underpinned by stri...Published: 29 Nov 2024 at 06:53hrs | 78 | by Staff reporter
Lawyer in court for US$180,000 fraud
A prominent Harare lawyer, Emmanuel Makanyera Mukwewa, has been charged with fraud following a botched land deal that allegedly cost an unsuspecting buyer US$180,000.Mukwewa, a senior partner ...Published: 28 Nov 2024 at 06:50hrs | 1608 | by Staff reporter
Bulawayo car dealer to appear in court
Prominent Bulawayo car dealer and socialite Brighton Chipunza, known as "Dash," is set to appear in court today for a bail ruling following allegations of stealing a luxury vehicle from a car wash....Published: 28 Nov 2024 at 06:46hrs | 632 | by Staff reporter
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 373 | by Staff reporter
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 201 | by Agencies
Mutumbuka's landmark case exposes the deep roots of property fraud in Zimbabwe
The problem of title deed fraud is not new to Zimbabwe, but recent cases have brought this pervasive issue into sharp focus. One of the most troubling and high-profile incidents has been the c...Published: 18 Nov 2024 at 19:44hrs | 4432 | by Tendai Ruben Mbofana
Govt stops Harare demolitions
The Harare City Council was forced to suspend its controversial house demolition exercise yesterday following mounting pressure from the government. The move came after a public outcry and strong crit...Published: 18 Nov 2024 at 15:06hrs | 372 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 121 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 170 | by Staff reporter
Man loses gold to 'Harare buyers'
Nyasha Rusike (38) appeared before Harare Magistrate Mrs. Marehwanazvo Gofa on Thursday, facing robbery charges after allegedly stealing gold and other valuables worth US$5,649 from a gold miner in an...Published: 09 Nov 2024 at 17:04hrs | 160 | by Staff reporter
Woman jailed for forging title deed in US$40,000 stand scam
Betty Makura (46), already serving a prison sentence for fraud, has been handed an additional three years behind bars after being convicted of forging a title deed to sell a non-existent residential s...Published: 09 Nov 2024 at 17:04hrs | 285 | by Staff reporter
Gold heist suspect in court
Nyasha Rusike, 38, appeared before Harare Magistrate Mrs. Marehwanazvo Gofa on charges of robbery after allegedly stealing gold valued at US$5,000 and other valuables from a gold miner. Rusike, who fa...Published: 08 Nov 2024 at 15:32hrs | 1134 | by Staff reporter
Harare launches murambatswina
The City of Harare launched a major demolition operation in Ridgeview, Belvedere on Thursday, destroying several properties that were built without proper approval. The operation left dozens of famili...Published: 08 Nov 2024 at 07:14hrs | 3644 | by Staff reporter
Zimbabwe govt official in court over stands scandal
A local government ministry official, Everisto Nyamadzawo, appeared in court last week facing serious allegations of criminal abuse of office involving more than $77,000. The case has raised eyebrows ...Published: 03 Nov 2024 at 10:15hrs | 480 | by Staff reporter
Fake vehicle licence, insurance scam exposed
The government is facing significant revenue losses due to the growing circulation of counterfeit vehicle and insurance licenses sold by unregulated dealers. These fraudulent licenses are duping vehic...Published: 01 Nov 2024 at 06:29hrs | 430 | by Staff reporter
Mr. Mnangagwa, before talking about colonial reparations, why not pay Gukurahundi reparations first?
In a recent address at State House, Zimbabwean President Emmerson Mnangagwa renewed his call for former colonial powers to pay reparations to their ex-colonies, suggesting that such reparations could ...Published: 31 Oct 2024 at 21:25hrs | 459 | by Tendai Ruben Mbofana
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 | 156 | 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 | 857 | 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 | 274 | by Tendai Ruben Mbofana
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 | 708 | by Admire Maparadza Dube
RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 236 | by Staff reporter
Businessman cleared of stock theft
Zvishavane businessman Justice Zijena and his associates have been cleared of stock theft allegations after presenting the necessary paperwork proving the legitimate purchase of five cattle. The situa...Published: 18 Oct 2024 at 10:41hrs | 568 | by Staff reporter
Zimbabwe's SADC Chairmanship offers new opportunities
Zimbabwe's chairmanship of the Southern African Development Community (SADC) offers a prime opportunity for local businesses to shape the regional economic agenda and benefit from the African Continen...Published: 18 Oct 2024 at 08:38hrs | 127 | by Staff reporter
Zanu-PF gold baron refutes owing US$3m in gold deliveries, threatens
Zanu-PF's Insiza North Member of Parliament, Farai Taruvinga, a well-known gold magnate in Matabeleland South, is embroiled in a legal battle with gold buyer Shasha Richard Gomez over an unpaid gold d...Published: 17 Oct 2024 at 17:12hrs | 3938 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 189 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 112 | by Staff reporter
Zimbabwe war veterans demand halt on land sales
A faction of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) has strongly opposed the government's recent decision to allow beneficiaries of the land reform program to sell or trans...Published: 15 Oct 2024 at 18:17hrs | 1857 | by Staff reporter
Zanu-PF MP lives luxury lifestyle, fails to pay debts
Despite his ongoing development of a US$5 million rural shopping complex at Skuta Business Centre along the Bulawayo-Masvingo highway in Filabusi, Zanu PF Insiza North MP Farai Taruvinga is facing leg...Published: 15 Oct 2024 at 09:18hrs | 2996 | by Staff reporter
Fake estate agent up for US$180 000 fraud
A 57-year-old Bulawayo man, Bigboy Leovancey Ncube, has been convicted of fraud after misrepresenting himself as an estate agent and posing as the owner of a property valued at US$180,000 using forged...Published: 15 Oct 2024 at 08:30hrs | 849 | by Staff reporter
Democrats are trying to fool Americans about Kamala!
The allegories and stories we were taught at school were supposed to teach us something about life and the real world.In one of the masterpieces of all time, Mark Antony addresses Brutus, a co...Published: 13 Oct 2024 at 13:02hrs | 704 | by Kenneth Mufuka
Rangemore Homeseekers, Developer Clash Over Delays
Homeseekers who acquired residential stands at Lot G, Upper Rangemore in Bulawayo, have accused the land developer of abandoning the project after collecting money for servicing the land.The g...Published: 13 Oct 2024 at 11:37hrs | 153 | by Stephen Jakes
Doji Candle: Understanding Its Role in Trading
The Doji candle stands out as one of the most intriguing candlestick patterns used by traders, offering a window into the market's state of uncertainty. It frequently appears during moments when buyer...Published: 09 Oct 2024 at 13:17hrs | 367 | by Staff Reporter
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