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Zanu-PF wants govt to enforce 'use it or lose it policy' in mining
ZANU-PF has instructed the government to amend legislation on exclusive prospecting orders (EPOs) and enforce the "use it or lose it" policy to prevent mining companies and individuals from holding cl...Published: 8 hrs ago | 57 | 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 | 1958 | by Staff reporter
Sihlangu Dlodlo honoured
The Highlanders Football Club's chief executive officer, Sihlangu Dlodlo, was found dead at his Nketa home, prompting tributes from the Bulawayo City Council, which has honored him for his significant...Published: 01 Nov 2024 at 06:47hrs | 766 | by Staff reporter
Manager in court over ghost workers
Tinashe Madzima, a human resources manager at Livetouch Investments Private Limited, appeared in court on Tuesday facing fraud charges after allegedly creating fictitious employee accounts to defraud ...Published: 31 Oct 2024 at 06:50hrs | 650 | by Staff reporter
Reasons why South Africans treat the 13 digit ID number like a qualification
South Africa's green ID book has been used as the country's main identity document for 44 years, during which time it has only received a handful of minor security upgrades. Blacks only started using ...Published: 29 Oct 2024 at 14:20hrs | 1421 | 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 | 2818 | 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 | 4470 | by Staff reporter
ZIFA, PSL shed crocodile tears
The Zimbabwe Football Association (ZIFA) and the Premier Soccer League (PSL) have expressed their heartfelt condolences to Highlanders Football Club following the sudden passing of the club's chief ex...Published: 29 Oct 2024 at 11:33hrs | 789 | by Staff reporter
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6714 | by Staff reporter
Sihlangu Dlodlo predicted his death?
The tragic passing of Sihlangu Dlodlo, the late CEO of Highlanders Football Club, has taken a chilling turn as it has emerged that he seemingly predicted his own demise in a haunting Facebook post jus...Published: 29 Oct 2024 at 07:38hrs | 882 | by Staff reporter
Bosso CEO dies
Highlanders Football Club CEO Sihlangu Dlodlo was found dead at his home in Nketa 9, Bulawayo, on Monday evening, leaving the football community in shock. His death was confirmed by close friend Allan...Published: 29 Oct 2024 at 07:34hrs | 192 | by Staff reporter
Breaking News: Highlanders FC CEO Sihlangu Dlodlo Reportedly Found Dead in Bulawayo Home
Unconfirmed reports indicate that Sihlangu Dlodlo, the Chief Executive Officer of Highlanders FC, has been found dead at his residence in Bulawayo. The ne...Published: 28 Oct 2024 at 17:41hrs | 4423 | 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
Another big project for Bambazonke
The Airports Company of Zimbabwe (ACZ) has announced plans to establish special economic zones (SEZs) around major airports in the country, beginning with the Robert Gabriel Mugabe International Airpo...Published: 25 Oct 2024 at 16:52hrs | 3337 | 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 | 2157 | 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
SA businessman under scrutiny for US$850m Zimbabwe oil pipeline project
In an emerging narrative that intertwines immense financial stakes and allegations of corruption, South African businessman Errol Gregor is spotlighted for his involvement in a US$850 million oil pipe...Published: 22 Oct 2024 at 08:06hrs | 681 | by Staff reporter
Zera shuts down 73 unlicensed fuel stations
The Zimbabwe Energy Regulatory Authority (ZERA) has taken decisive action against unlicensed fuel stations, shutting down more than 70 facilities suspected of selling petroleum products from unauthori...Published: 20 Oct 2024 at 12:19hrs | 230 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9550 | by Staff reporter
Ingutsheni Hospital promotes mental health in workplaces with campaign walk
Ingutsheni Hospital in Bulawayo held a belated World Mental Health Day event on Thursday, organizing a campaign walk to promote mental health in workplaces. The initiative comes in response to growing...Published: 19 Oct 2024 at 12:12hrs | 67 | 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 | 108 | by Staff reporter
Grid Africa secures R50 million Equity Investment from Rifuwo
Grid Africa has announced a major milestone with the successful acquisition of a R50 million equity investment from Rifuwo Energy Partners. This funding will significantly boost the company's efforts ...Published: 16 Oct 2024 at 15:42hrs | 235 | by Staff reporter
Moxon dynasty takes over at Meikles Limited
Meikles Limited has announced the appointment of former chairman John Moxon's son Matthew John Moxon as its acting Chief Executive Officer, following the resignation of Malcolm Mycroft from the CEO po...Published: 15 Oct 2024 at 10:38hrs | 3074 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 442 | by Staff reporter
Zanu-PF leader in fuel tender scam
A Zanu-PF District Coordinating Committee (DCC) member in Zaka is under fire for allegedly failing to deliver 9,000 liters of fuel paid for by the Zaka Rural District Council (RDC) over the past three...Published: 12 Oct 2024 at 16:41hrs | 3272 | by Staff reporter
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 299 | by Staff reporter
Mnangagwa vows to remove barriers to modernisation
Zimbabwe is ready to embrace modern technology to accelerate its modernisation and industrialisation agenda, and the government will remove any obstacles that hinder this objective, President Mnangagw...Published: 08 Oct 2024 at 07:24hrs | 173 | by Staff reporter
Kenny Ndebele harbours personal grudges against Highlanders?
Zimbabwe Premier Soccer League (PSL) chief executive Kennedy Ndebele has reaffirmed the league's commitment to professionalism, transparency, and impartiality in managing the country's top-tier footba...Published: 07 Oct 2024 at 14:47hrs | 3520 | by Staff reporter
Farai Jere fast becoming the modern-day Leslie Gwindi in Bosso eyes
The Premier Soccer League chairman Farai Jere, the owner of CAPS United and Zanu-PF Member of Parliament for Murehwa West, has drawn comparisons to the infamous former PSL Secretary General Leslie Gwi...Published: 07 Oct 2024 at 11:51hrs | 1761 | by Staff reporter
Bosso fans kick off boycott event
Highlanders FC fans are gathering at the club's house for a planned "boycott" event aimed at raising funds for their team, which has been hit with a hefty US$6,000 fine by the Premier Soccer League (P...Published: 06 Oct 2024 at 14:12hrs | 1527 | by Staff reporter
Elon Musk leaps onto stage at Trump rally
The tycoon hailed the Republican presidential candidate as a champion of democracy and the US ConstitutionTesla and SpaceX CEO Elon Musk has made an appearance at a Donald Trump rally, endorsi...Published: 06 Oct 2024 at 11:13hrs | 1376 | by Staff reporter
Tshinga Dube burial this week
National hero Colonel Tshinga Dube (Retired) will be buried at the National Heroes Acre in Harare this week, with a funeral service scheduled for tomorrow at Bulawayo's Barbourfields Stadium. Col Dube...Published: 06 Oct 2024 at 10:00hrs | 503 | by Staff reporter
NetOne CEO makes US$1bn move
NetOne, Zimbabwe's oldest mobile telecoms operator, has laid ambitious plans to achieve US$1 billion in annual revenue by 2029, despite facing challenges in accessing capital. Chief executive officer ...Published: 05 Oct 2024 at 16:35hrs | 1244 | by Staff reporter
Safeguard says not informed it would be moving US$4 million before heist
Security company Safeguard says it was not informed that it would be moving US$4 million by Ecobank before armed robbers seized the cash on a busy Bulawayo street on Thursday.Police said Frida...Published: 05 Oct 2024 at 12:07hrs | 1255 | by Staff reporter
Cyber crimes under-reported
Despite tireless efforts made by local, regional and global state and non-state actors to curb cybercrimes, statistics continues to spike because victims shun reporting these cases and therefore suffe...Published: 04 Oct 2024 at 12:14hrs | 122 | by Gideon Madzikatidze
Bosso 'okay' ZPC Kariba match boycott
Highlanders Football Club management has approved a fundraising function organized by a faction of its supporters, scheduled for this Sunday at the team's sports club. The event coincides with Bosso's...Published: 04 Oct 2024 at 08:47hrs | 640 | by Staff reporter
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1185 | by Staff reporter
Chigumba's ZEC starts preparations for Zimbabwe's 2028 elections
The Zimbabwe Electoral Commission (ZEC) convened a two-day conference in Nyanga this week to review the 2023 harmonised elections, with key issues including the extension of voting rights to Zimbabwea...Published: 02 Oct 2024 at 10:00hrs | 380 | by Staff reporter
SA insurance companies crackdown on foreign truck drivers
Foreign truck drivers working for South African freight companies are required to have valid working permits and if they do not, insurance companies are legally not obliged to pay out claims in the ev...Published: 01 Oct 2024 at 09:47hrs | 718 | by Staff reporter
Frontier Wealth Group extends their association with ZAA Australia as Nominees announced
The Zimbabwe Achievers Awards (ZAA) have announced that wealth advisory firm Frontier Wealth Group has returned as the headline partner for the ZAA Australia Edition set for 12 October in Perth....Published: 30 Sep 2024 at 12:12hrs | 160 | by Agencies
Zimbabwe's Mutapa Fund clinches US$350m power deal
The Mutapa Investment Fund (MIF) has approved a significant joint venture valued at US$350 million between Indian firm Jindal Africa Investments and Zesa to refurbish six units at Hwange Thermal Power...Published: 29 Sep 2024 at 14:25hrs | 3209 | by Staff reporter
Big international bank leaving Ramaphosa's South Africa
HSBC has exited its operations in South Africa after concluding deals with FirstRand and Absa to take over its two main divisions in the country. The bank first opened a South African office i...Published: 29 Sep 2024 at 12:49hrs | 44593 | by Staff reporter
War veterans company in turmoil
Zvimba East Veterans Investment Company (ZEVIC), a firm established and wholly owned by veterans of the liberation struggle, is embroiled in turmoil following revelations that its bank account has bee...Published: 29 Sep 2024 at 11:30hrs | 428 | by Staff reporter
Capital Markets Braille handbook launched
The Securities and Exchange Commission of Zimbabwe (SecZim) on Tuesday launched a Braille handbook to promote capital market literacy among the visually impaired. The move aims to enhance the understa...Published: 27 Sep 2024 at 08:25hrs | 48 | by Staff reporter
Zimra launches crackdown on economic saboteurs
The Zimbabwe Revenue Authority (ZIMRA) has launched a nationwide blitz targeting businesses that evade taxes and undermine the local currency, the Zimbabwe Gold (ZiG), by either rejecting it or falsel...Published: 27 Sep 2024 at 08:16hrs | 142 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 242 | by Staff reporter
Ex-Eskom CEO challenges settlement related to his graft case
Former Eskom CEO Matshela Koko has launched a court bid to challenge a settlement deal between the Investigating Directorate ID) and multi-national company ABB relating to bribery at the power utility...Published: 19 Sep 2024 at 07:39hrs | 335 | by Staff reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 474 | by Staff reporter
UZ churns out first Education 5.0 graduates
President Mnangagwa, in his capacity as Chancellor of all State universities, presided over a landmark event at the University of Zimbabwe (UZ) yesterday, capping a record 6,778 graduates. This cohort...Published: 14 Sep 2024 at 12:06hrs | 120 | by Staff reporter
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