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CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
Zimbabwean Football: Greatest Players
Zimbabweans are very passionate athletes. The government pays a lot of attention to encouraging people to be more active, do sports, attend gyms and sports classes. It's very helpful for the nation to...Published: 02 Dec 2024 at 23:14hrs | 867 | by Staff Reporter
Victoria Falls Town Clerk named Zimbabwe's best CEO for 2024
Victoria Falls City Town Clerk, Mr. Ronnie Dube, has been awarded Zimbabwe's Best Performing Chief Executive for 2024 by the Zimbabwe CEO's Network, an organization dedicated to advancing leadership e...Published: 28 Nov 2024 at 16:56hrs | 3577 | by Staff reporter
Mnangagwa stalling the return of ZPRA properties
President Emmerson Mnangagwa is intentionally delaying the return of properties confiscated from ZPRA veterans, according to Andreas Ethan Mathibela, a faction leader of the Zimbabwe National Liberati...Published: 21 Oct 2024 at 14:42hrs | 1495 | by Staff reporter
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 | 705 | by Admire Maparadza Dube
Zinara announces a 25% discount to Harare residents only
THE Zimbabwe National Road Administration (Zinara) is giving a 25 percent discount for light vehicle license fees during the Zimbabwe Agricultural Show week.Light motor vehicles are of up to 2...Published: 28 Aug 2024 at 15:45hrs | 1877 | by Staff reporter
Policeman loses US$5 700 to Be Forward agent
A BE FORWARD agent based in Harare, Forget Mguza, has been taken to court for allegedly defrauding a police officer of US$5,700 under the pretense of helping him import a car. The incident occ...Published: 02 Jul 2024 at 10:35hrs | 83 | by Staff reporter
Tshabangu takes ZEC toilet scandal to Senate
Opposition senator Sengezo Tshabangu has demanded answers from the Finance Ministry on why Treasury went ahead to disburse US$9 million towards the procurement of portable toilets and vests from a Sou...Published: 01 Jul 2024 at 04:29hrs | 1 | by Staff reporter
ZEC paid US$5.4 million for fancy V11 display boxes that it never used
The Zimbabwe Electoral Commission (ZEC) splurged US$5 million on gadgets to display digital V11 polling station forms for last August's elections - but the devices, bought at inflated prices, were onl...Published: 28 Jun 2024 at 09:16hrs | 1 | by Staff reporter
CBZ launches mortgage finance products for Zimbabwean diasporans
CBZ Holdings Limited (CBZHL), Zimbabwe's largest financial services provider, has launched new Mortgage Finance products aimed at Zimbabweans in the diaspora ahead of the Zim Diaspora Property Showcas...Published: 14 Jun 2024 at 07:29hrs | 98 | by Staff reporter
Zimbabwe CIO's business network
Zimbabwe's Central Intelligence Organisation (CIO) likely has a secret stream of money, The Sentry has found. Publicly availa...Published: 10 Jun 2024 at 17:53hrs | 66 | by Staff reporter
Chivayo hijacks US$40m corrupt ZEC deal
CONTROVERSIAL businessman Wicknell Chivayo, who is close to President Emmerson Mnangagwa and other high-profile government officials, corruptly got a windfall from a murky Zimbabwe Election Commission...Published: 28 May 2024 at 12:47hrs | 19 | by Staff reporter
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | | by Staff reporter
Zimbabwe exam fees deadline is extended
THE Government's extension of the deadline by which Ordinary and Advanced Level examination fees should be paid to the first week of May from March 23, has been welcomed by parents and guardians as a ...Published: 21 Mar 2024 at 08:44hrs | 1 | by Staff reporter
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 13 | by Staff reporter
Zimbabwe gets 2 000 tractors from Belarus
ZIMBABWE has received at least 2 000 high-tech tractors, 80 combine harvesters and other agricultural equipment from Belarus over the past three years to modernise the sector and boost productivity....Published: 04 Feb 2024 at 17:36hrs | 7 | by Staff reporter
Foreign investors ditch Zimbabwe capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading res...Published: 30 Jan 2024 at 07:47hrs | 2 | by Staff reporter
Zimbabwe police identify, launch manhunt for Nedbank robbers
POLICE have identified and launched a manhunt for seven suspects, three of them notorious brothers accused of robbing a Nedbank branch in Bulawayo of US$272 500-00, ZAR 2 420 000-00, and five gold coi...Published: 04 Jan 2024 at 05:55hrs | 13 | by Staff reporter
Historical background of the town of Mvurwi formerly Umvukwes
Mvurwi is a prosperous farming town in Mashonaland Central province. The town is situated about hundred kilometers north of Harare along Kanyemba road, Mvurwi was formally known as Umvukwesi or (Mumug...Published: 27 Dec 2023 at 20:02hrs | 174 | by Givestar Kamuzonde
Chiwenga's wedding was a political statement
HIGH-PROFILE weddings, especially those of the rich, famous and powerful - very important persons (VIPs) - are renowned worldwide for their grandeur, luxury and vibrant celebrations.These ausp...Published: 27 Dec 2023 at 17:26hrs | 52 | by Staff reporter
Zimbabwe rainy season likely to be very short
The Government has advised farmers that the rainy season has started and is likely to be short with all parts of the country expected to receive rains this week.Information, Publicity and Broa...Published: 13 Dec 2023 at 05:11hrs | | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 2 | by Staff reporter
CBZ in major strategic shake up
Pursuant to the strategic vision of creating one of the country's largest financial services groups, renowned banker, strategist and businessman Mr Luxon Zembe, has been appointed acting chairman of C...Published: 06 Dec 2023 at 05:02hrs | 13 | by Staff reporter
Tshabangu followed due process
THE CBZ Bank said the financial institution followed due process when Sengezo Tshabangu, the self-proclaimed interim secretary-general of Citizens Coalition for Change (CCC), opened a corporate accoun...Published: 18 Nov 2023 at 19:43hrs | 10 | by Staff reporter
RBZ approves FBC acquisition of StanChart
THE Reserve Bank of Zimbabwe (RBZ) has approved FBC Holdings Limited's (FBCHL) purchase of Standard Chartered Bank Zimbabwe Limited (SCBZL), making it one of the biggest banks in the country.A...Published: 15 Nov 2023 at 05:12hrs | 10 | by Staff reporter
Zimbabwe's political parties have been taken over by modern day thugs, God have messy on us
Zimbabwe's political parties have been taken over by modern day thugs, God have messy on us. I have been saying it and now it's so obvious. After seeing a tweet from Hopewell Chin'ono @daddyhope...Published: 11 Nov 2023 at 11:21hrs | 17 | by Jacob Kudzayi Mutisi
Tshabangu goes after CCC's share of political parties' funding from govt
CITIZENS Coalition for Change (CCC) self-imposed secretary general Sengezo Tshabangu has struck again, this time requesting the opposition party's Political Parties' Funding share.He wrote a l...Published: 10 Nov 2023 at 06:47hrs | 10 | by Staff reporter
Ministry in storm over e-passports
THE Auditor-General (AG) has raised the red flag over failure by the Home Affairs ministry to provide information on how much was raised from the issuance electronic passports (e-passports), amid conc...Published: 31 Oct 2023 at 16:28hrs | | by Staff reporter
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | | by Tendai Ruben Mbofana
CBZ commends Mthuli Ncube's bold inflation policy
CBZ Holdings Limited (CBZHL), the country's largest banking institution in terms of deposits and assets, has commended monetary authorities for taking bold inflation-targeted measures. The company has...Published: 24 Sep 2023 at 11:47hrs | 3 | by Staff reporter
CBZ close to ZB takeover
CBZ Holdings Limited (CBZHL) is on the verge of acquiring a controlling stake in ZB Financial Holdings Limited (ZBFHL) as part of its strategy to become a significant player in the financial services ...Published: 14 Sep 2023 at 06:34hrs | 12 | by Staff reporter
Burglars raid Nedbank
Burglars broke into a Nedbank building in Bulawayo's Belmont industrial area where they damaged three safes before stealing over US$270 000 and about R2 million, police confirmed yesterday.The...Published: 30 Aug 2023 at 06:44hrs | 8 | by Staff reporter
Reserve Bank of Zimbabwe bails out 3 banks
THE Reserve Bank of Zimbabwe (RBZ) has used its lender of last resort (LoLR) facility to bail out three distressed banks which had run out of liquidity following the steep depreciation of the local cu...Published: 16 Aug 2023 at 06:49hrs | 10 | by Staff reporter
Farmers struggle to service loans
FARMERS, who obtained loans through the CBZ Bank Agro Yield programme to finance their businesses during the last three farming seasons are having difficulty in repaying them, with official data showi...Published: 26 Jul 2023 at 06:43hrs | | by Staff reporter
Afro-jazz sensation Berita to perform at Zimfest Live
The Bulawayo-born 'queen of soul' will serenade crowds at this year's annual festival taking place at the weekendSouth Africa-based Zimbabwean musician Berita has joined a glowing lineup of ar...Published: 25 Jul 2023 at 09:55hrs | 10 | by Tidi Kwidini
Rogue traffic enforcers undermining business in Zimbabwe
FORMERLY known as an opulent suburb, Harare's Borrowdale area is gradually transforming into a commercial hub, not only for the city but the entire Zimbabwe.With its peace and flamboyance, Bor...Published: 23 Jul 2023 at 08:34hrs | 1 | by Staff reporter
Zimbabwe's new labour and patriotic laws are bad for business and rights to protest
Amendments to Zimbabwe's labour and criminal law codification to include what is popularly known as the Patriotic Act have been described as bad for business and workers' rights to protest under Presi...Published: 18 Jul 2023 at 06:18hrs | 10 | by Staff reporter
UK: Zimfest Live reveal exciting 2023 line-up for Herts Showground
New and familiar names including Killer T, Tocky Vibes, Berita, Musa Keys and Sha Sha have been added to the line-up, as revealed in the latest stage announcement.Zimfest Live will return in J...Published: 17 Jul 2023 at 09:19hrs | 5 | by Tidi Kwidini
Give that US$1 billion to your people Kasukuwere: MRP leader
MTHWAKAZI Republic Party Mqondisi Moyo has lashed out at former cabinet minister Saviour Kasukuwere following his promise to have a US$1 billion budget for Gukurahundi.He said Kasukuwere...Published: 12 Jul 2023 at 13:00hrs | 15 | by Stephen Jakes
7 armed robbers wanted for high profile cases
SEVEN suspected armed robbers who are on police's most wanted list for committing a spate of high profile criminal cases countrywide are believed to be operating and hiding in South Africa where most ...Published: 05 Jul 2023 at 07:12hrs | 1 | by Staff reporter
Zimbabwe's 2023 wheat hectarage rises to 86 000
Farmers have planted wheat on 86 000 hectares this season, which is 4 000 hectares shy of the targeted 90 000 hectares, setting the stage for yet another bumper wheat harvest, Lands, Agriculture, Fish...Published: 01 Jul 2023 at 07:54hrs | | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 12 | by Martin Majaji
New city for 30 000 residents on the cards in Zimbabwe
GOVERNMENT has approved a plan for the development of a new town between Mvuma-Chivhu and Manhize in the Midlands province amid growing interest from industrialists, banks, and other service providers...Published: 19 Jun 2023 at 06:45hrs | 29 | by Staff reporter
Dealer loses gold, cash to robbers
A Chegutu man lost 16 grammes of gold and US$940 cash to four armed robbers who attacked him while he was walking last Friday night.The robbers were travelling in a Honda Fit when they attacke...Published: 19 Jun 2023 at 06:40hrs | | by Staff reporter
Zimbabwe moves to surpass wheat output
Zimbabwe is optimistic that this year's winter wheat production will surpass last year's yield of 375 000 tonnes following various interventions implemented by Government and the private sector to bol...Published: 07 Jun 2023 at 06:07hrs | | by Staff reporter
Money changers defraud man of $23 million
A Harare man recently lost $23 million to money changers who had promised to give him US$14 000 cash in exchange for making two transactions to different bank accounts.Justice Mahuni who appea...Published: 06 Jun 2023 at 06:16hrs | | by Staff reporter
Zesa dedicates 120MW for winter wheat farming
With planting of the 2023 winter wheat already underway in some parts of the country, the Zimbabwe Electricity Supply Authority (ZESA) has pledged to provide uninterrupted electricity to farmers to al...Published: 09 May 2023 at 06:02hrs | 1 | by Staff reporter
Authorities, parents clash over school uniforms
Parents with children enrolled at St Francis of Assisi High School in Chivhu are up in arms with the School Development Committee (SDC) over its decision making it compulsory to buy provisions and uni...Published: 07 May 2023 at 07:47hrs | 2 | by Staff reporter
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 1 | by Staff reporter
RBZ boss speaks on looming exit
The Reserve Bank of Zimbabwe (RBZ) governor John Mangudya says his top priorities are to leave behind a sound financial system, strong central bank, and stable prices as his two terms come to an end....Published: 16 Apr 2023 at 08:32hrs | | by Staff reporter
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