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Who are Zimbabwe's Gold Mafia?
They operate from the shadows. Al Jazeera's latest investigation, The Gold Mafia, brings their crimes out into the open. Last week, Part 1 of ‘Who are the Gold Mafia?‘ dove into the lives of some ...Published: 31 Mar 2023 at 07:40hrs | 1 | by Staff reporter
EcoCash banks on disruptive innovations
EcoCash Holdings has said it will continue to disrupt and challenge the status quo in the digital services space by leveraging data analytics and artificial intelligence.Group chief executive ...Published: 10 Oct 2022 at 06:06hrs | 2 | by Staff reporter
Man assaults debtor's wife with cooking stick
An angry Shamva man flew in rage after he was not given the US$300 he was owed by his friend and ended up assaulting his friend's wife with a cooking stick.Eliot Dzuda was dragged to court aft...Published: 14 May 2022 at 19:50hrs | 7 | by Simbarashe Sithole
Client' rapes sex worker
A 38-YEAR-OLD Harare man appeared in court yesterday charged with raping a sex worker from Hopley.Kurauone Gwamure (38) was remanded in custody to today when he appeared before Harare magistra...Published: 14 Dec 2021 at 05:50hrs | 7 | by Staff reporter
Econet answers church's prayers
Econet Life, a subsidiary of EcoCash Holdings Zimbabwe Limited (formerly Cassava Smartech Zimbabwe), has partnered the Zimbabwe Christian Ministers Association (ZCMA) to provide an assortment of insur...Published: 14 Oct 2021 at 07:52hrs | 10 | by Staff reporter
New Maisha Health product enables patients to consult doctors remotely
Maisha Health, Cassava Smartech Zimbabwe's health insurance unit, has rolled out a digital platform that allows patients to consult doctors remotely.The Maisha Telemedicine platform will colle...Published: 23 Feb 2021 at 17:08hrs | 1 | by Agencies
The mantra customer is king matters no more
As I saw it, TM Chadcombe bottle store has been closed for the whole of past week, reason given, licencing issues. Where two elephants fight the ants will suffer, we the consumers and resident...Published: 04 Sep 2019 at 13:10hrs | 1 | by Tondo
Zimnat assists families of deceased miners
Zimnat, one of the leading players in the Zimbabwean life assurance and short-term insurance industries since 1946, has donated funeral services worth $10 000 for the burial of 10 of the miners killed...Published: 22 Feb 2019 at 16:27hrs | 1 | by Staff reporter
When others are more equal than others
Standing by the third till operator from the entrance to make my payment, like what many people do, I ask the youthful till operator if I can have 'cash back'. A quick glance at me and the rep...Published: 13 Jan 2019 at 09:51hrs | | by Tondo
Zimnat launches online self-service portal
Zimnat is once again leading the way in modernising the country's insurance industry by establishing a self-service online portal that enables customers and potential customers to obtain quotations fo...Published: 05 Dec 2018 at 07:47hrs | | by Agencies
Outcry over Mthuli Ncube's new tax regime
CAPTAINS of industry and ordinary consumers yesterday implored Government to reconsider its new tax regime saying it will increase the cost of production and add more burden to citizens. Annou...Published: 03 Oct 2018 at 07:21hrs | | by Staff reporter
The 'ED effect' is already boosting our economy and saving us money
Since President Emmerson Mnangagwa came into office, he has brought a new way of thinking to the Zimbabwean economy. He has touted free trade principles and opened up the country to unprecedented inve...Published: 22 Jun 2018 at 12:51hrs | | by Mike Tawanda
Dembare, Epoupa at loggerheads
HARARE giants Dynamos are at loggerheads with their Cameroonian import Christian Joel Epoupa Ntouba over outstanding arrears amounting to $15 000.Epoupa joined Dynamos last year for an undiscl...Published: 10 Mar 2018 at 09:22hrs | | by Staff reporter
Mnangagwa fails to 'coup' cash crisis
Cash shortages in Zimbabwe have persisted more than a month after the new administration led by President Emmerson Mnangagwa assumed power.A snap survey last week by Standardbusiness establish...Published: 21 Jan 2018 at 11:19hrs | | by staff reporter
'Zimdollar' takes over as US$ disappears
Real time gross settlement (RTGS) balances, bond notes and treasury bills (TBs) are part of the "local dollars" as they are used solely for local transactions, unlike the greenback, a financial expert...Published: 12 Nov 2017 at 07:54hrs | | by Staff reporter
Soldier runs amok after clash with bar lady
A SOLDIER based at the Zimbabwe School of Infantry in Mbalabala yesterday appeared in court facing charges of malicious damage to property and theft after he allegedly ran amok, stole some money and d...Published: 14 Sep 2017 at 06:10hrs | | by Staff reporter
ARTUZ Statement as Schools Re-open…as crisis continues unabated
As thousands of our members welcomed pupils and parents for the third and last term of 2017; the crisis confronting the education sector continues to spiral out of controlled.Schools officially re...Published: 12 Sep 2017 at 16:32hrs | | by ARTUZ
Hubby jailed for marrying off wife
A MBARE couple which created a Facebook Page where the wife used a fake name to lure men, was yesterday each sentenced to an effective one year in prison after tricking an unsuspecting suitor into pay...Published: 23 Aug 2017 at 06:50hrs | | by Staff reporter
Man pleads guilty to selling wife
A MBARE resident, who connived with his wife to play brother and sister before tricking a Kuwadzana man into paying $4 000 lobola, pleaded guilty to the offence when he appeared before a Harare magist...Published: 22 Aug 2017 at 06:58hrs | | by Staff reporter
Getting cash in Zimbabwe a demanding job
The cash shortages in Zimbabwe have reached alarming levels to an extent where getting money has become so hard and expensive for the poor nationals.The rich and the powerful view the issue of...Published: 11 Aug 2017 at 19:22hrs | 7 | by Stephen Jakes
Cheated man to get lobola refund
A MBERENGWA magistrate has ordered a family to reimburse a villager lobola he paid following the collapse of his marriage after he found his wife in a compromising position with another man.Mr...Published: 22 Jul 2017 at 11:13hrs | | by Staff reporter
Nurse 'kills patients for cash'
A NURSE at Kwekwe General Hospital, Renica Chakabvapasi, already serving a five-year jail term following her conviction on two counts of defrauding Old Mutual of $10 000, was back in court yesterday f...Published: 04 Jul 2017 at 06:42hrs | | by Staff reporter
Cop cons relative of $13,000
A Harare cop was arrested on Saturday for conning his relative a total of US$13,252.00 on separate occasions using a debit card thereby contravening SECTION 113 OF THE CRIMINAL LAW (CODIFICATION AND R...Published: 05 Jun 2017 at 14:03hrs | 1 | by Simbarashe Sithole
Zimbabwe cash crisis escalates
Zimbabwe's prevailing cash crisis has escalated, with queues visible at many banking halls in Harare, a survey has shown.Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said queues f...Published: 14 May 2017 at 15:43hrs | | by Staff reporter
Zimbabwe fast turning into a coin country
Fears abound that further injection of the bond notes by the RBZ into the market could fuel inflation.IT is high noon in Harare and a young woman in strappy stilettos confidently walks out of ...Published: 27 Apr 2017 at 09:00hrs | | by Staff reporter
Zimbabwe cash crisis: Banks give clients coins
Banks in Bulawayo are reportedly out of bond notes and are now issuing coins to client's.Several clients have been spotted and photographed emerging from banking halls carrying plastic bags fu...Published: 25 Apr 2017 at 12:57hrs | 8 | by Thobekile Zhou
Bond notes not solution to Zimbabwe's woes, says IMF
THE International Monetary Fund (IMF) says Zimbabwe requires a comprehensive policy package to retrieve the economy from the woods, instead of seeking salvation in bond notes.IMF Afric...Published: 25 Apr 2017 at 06:35hrs | | by Staff reporter
RBZ closes the taps on bond notes
DESPITE ever-growing demand for cash, the Reserve Bank of Zimbabwe says it will not immediately issue new bond notes to add to the US$121 million in value already in circulation. At the beginn...Published: 23 Apr 2017 at 13:58hrs | 5 | by Staff reporter
Cash back facility abused
THE Confederation of Zimbabwe Retailers (CZR) has admitted that some of its members are hoarding cash and abusing the cashback facility.The association said the collaboration between t...Published: 21 Apr 2017 at 06:46hrs | | by Staff reporter
The poison of Dokora's goats and Chinamasa's recipe
The People's Democratic Party has always argued that ZANUPF can steal all the elections but will not manage to rig the economy; science has proven that the rules and principles of economics cannot be ...Published: 21 Apr 2017 at 06:22hrs | | by Jacob Mafume PDP Spokesperson
Chaos as Peter Moyo turns up late for his own show
Utakataka express security boys are reported to have been severely beaten by revellers in Guruve at Chivavaya night club after their boss Peter Moyo delayed to start the show.The show, which w...Published: 19 Apr 2017 at 22:48hrs | | by Simbarashe Sithole
Mugabe fails to address Zimbabwe's cash shortages
President Robert Mugabe yesterday skirted addressing the shortages of cash and policy inconsistencies within his government when he delivered a dour independence speech to spark fierce criticism from ...Published: 19 Apr 2017 at 12:28hrs | | by Staff reporter
Citizens wail over Zimbabwe's stolen dream
Zimbabweans from all walks of life yesterday bemoaned the wretched life that they continue to endure under President Robert Mugabe and his warring Zanu-PF's misrule of the past 37 years of the...Published: 19 Apr 2017 at 07:52hrs | | by Staff reporter
Tobacco farmers failing to get cash
Tobacco farmers are struggling to get their money at auction floors, as the country's severe cash crunch continues to worsen.This is despite the government's recent directive to banks ...Published: 19 Apr 2017 at 06:29hrs | | by Staff reporter
Do Zimbabweans deserve all this?
The cash shortages affecting Zimbabwe today are nothing new; this is familiar territory people trudged during the tumultuous years of 2008-9.We warned before that the signs were ominou...Published: 17 Apr 2017 at 11:27hrs | | by Staff reporter
Zimdollar return imminent?
If visibility and predictability are two foundations upon which stable financial markets are built, comments from the Reserve Bank of Zimbabwe (RBZ) last week on the adoption of bond notes as ...Published: 17 Apr 2017 at 11:20hrs | | by Staff reporter
RBZ's cash-back headache
A directive by the Reserve Bank of Zimbabwe (RBZ) for retailers to cap cash-back facilities at $20 a day will not resolve the cash crisis, analysts said on Friday, advocating the introduction ...Published: 16 Apr 2017 at 17:40hrs | 1 | by Staff reporter
Zimbabwe panics as wheels come off
With Zimbabwe's economy continuing to die - as manifested by rising poverty levels, worsening job losses and severe cash shortages - the government is showing signs of panic, amid fresh warnin...Published: 15 Apr 2017 at 14:53hrs | | by Staff reporter
One Wallet 'dupes' pensioners
SCORES of pensioners who receive their allowances through NetOne's One Wallet system were left stranded in Bulawayo yesterday after the mobile company failed to release their money...Published: 14 Apr 2017 at 10:35hrs | | by Staff reporter
Cash-back from supermarkets cut to $20
THE Reserve Bank of Zimbabwe (RBZ) has with immediate effect ordered retailers and wholesalers to limit the cash-back facility to a maximum of $20 as it tightens cash flow supervision to promote t...Published: 14 Apr 2017 at 10:35hrs | | by Staff reporter
RBZ Statement on plastic money
STATEMENT ON COLLABORATION BETWEEN THE RESERVE BANK OF ZIMBABWE AND RETAILERS AND WHOLESALERS ON MEASURES TO ENHANCE REGULATORY COMPLIANCE AND USE OF PLASTIC MONEY IN ...Published: 14 Apr 2017 at 10:29hrs | | by Staff Reporter
RBZ fuel cash crisis, reduce cash back to $20
THE Reserve Bank of Zimbabwe (RBZ) is fueling cash crisis by directing retailers and wholesalers to limit the cash-back facility to a maximum of $20. This is with immedi...Published: 14 Apr 2017 at 03:41hrs | | by Thobekile Zhou
Banks reduce daily withdrawal limits
Several financial institutions on Monday reportedly reduced daily withdrawal limits to a mere $50 bond.The Reserve Bank of Zimbabwe had set $100 bond as daily limits but the new $5...Published: 03 Apr 2017 at 16:58hrs | | by Mary Charamba
Chinese smuggling cash out of Zim- Maridadi
MDC-T legislator James Maridadi has taken government to task over the issue of allowing the Chinese business people to bring i their products for sale and later smuggling all the cash back to their co...Published: 20 Mar 2017 at 06:05hrs | | by Stephen Jakes
No end in sight to Zimbabwe cash crisis
A conversation between old friends: "Mr Moyo, how are your children and where are they?" Moyo responded: "Eldest son is in Steward Bank. His wife is at POSB. "Second son is at NMB and his wife is ...Published: 12 Mar 2017 at 09:05hrs | | by Staff reporter
No end in sight to Zimbabwe cash crisis
A conversation between old friends: "Mr Moyo, how are your children and where are they?" Moyo responded: "Eldest son is in Steward Bank. His wife is at POSB. "Second son is at NMB and his wife is ...Published: 12 Mar 2017 at 09:04hrs | | by Staff reporter
Barmen in swipe scam
TWO barmen, Nqobizitha Tshuma and Thomas Junior Chaka who work at popular chill-out spot Hartsfield Tshisanyama have been arrested for allegedly defrauding the company of nearly $1 500 in a scam t...Published: 11 Feb 2017 at 09:22hrs | 1 | by Staff reporter
Bond notes fiasco: Importers stranded
THE introduction of bond notes has put ordinary Zimbabweans and importers in a rut with many facing bottlenecks as some local banks reject the use of the fiat money for foreign payments amid a severe ...Published: 27 Jan 2017 at 06:15hrs | | by Staff reporter
Zimbabwe bank queues suddenly disappear
The cash crisis in Zimbabwe appears to have eased with queues disappearing at most banks while some supermarkets are offering cash-backs even without being asked.The seeming return to normalcy...Published: 16 Jan 2017 at 11:17hrs | | by Staff reporter
Bond notes spark panic withdrawals
PANIC cash withdrawals, sparked by fears over the impending introduction of bond notes by the Reserve Bank of Zimbabwe, have affected many banks in the country, with most of them now struggling to ser...Published: 09 Oct 2016 at 08:11hrs | | by Staff reporter
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