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Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 154 | by Michael Badze
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1400 | by Tendai Ruben Mbofana
Zimbabwe shops impose limits amid panic-buying?
Some shops across Zimbabwe have imposed "one item per person" rules for products such as milk to fend off panic-buying triggered by a new loss of faith in the country's latest currency.Last we...Published: 02 Oct 2024 at 07:57hrs | 1181 | by Staff reporter
ZiG sabotage
The introduction of the Zimbabwe Gold currency (ZiG) nearly five months ago has contributed to noticeable stability and low inflation, largely due to the Reserve Bank of Zimbabwe's (RBZ) rigorous meas...Published: 10 Sep 2024 at 08:49hrs | 6491 | by Staff reporter
Police in Zimbabwe arrest more money-changers
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit have arrested 10 more illegal currency traders in a renewed crackdown. National police spokesperson Commissioner Paul Nyathi c...Published: 01 Aug 2024 at 09:07hrs | 865 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 26 Jul 2024 at 06:33hrs | 490 | by Staff reporter
Shortage of ZiG coins, notes affects Bulawayo vendors
Informal traders in Bulawayo are grappling with significant challenges due to the scarcity of Zimbabwe Gold (ZiG) notes and coins, which has severely impacted their ability to conduct business effecti...Published: 11 Jul 2024 at 07:26hrs | 11 | by Staff reporter
Money changers get bail after 2 months
Two suspected illegal money changers, Abraham Mafukidze (24) and Julius Nyamapfeni, who spent two months in remand prison, have been granted US$50 bail by Masvingo High Court judge Justice Garainesu M...Published: 26 Jun 2024 at 07:12hrs | 2 | by Staff reporter
Zanu-PF tops human rights violations in Zimbabwe
The ruling Zanu-PF party faces allegations of involvement in human rights violations across Zimbabwe, including increased cases of harassment, intimidation, and extrajudicial killings of citizens, as ...Published: 02 Jun 2024 at 09:07hrs | 1 | by Staff reporter
'Green Bombers' join ZiG campaign
As the Reserve Bank of Zimbabwe grapples with making the new currency work by using several measures including a crackdown on illegal money changers, government's quasi-military wing, the National You...Published: 25 May 2024 at 13:00hrs | | by Staff reporter
Zimbabweans are distraught by financial trauma
GOOD day, President Emmerson Mnangagwa.Your Excellency, as I see it, Zimbabweans are emotionally drained. They are overwhelmed by the severity of deprivation caused by the collapse of currenci...Published: 22 May 2024 at 09:52hrs | 11 | by Cyprian Muketiwa Ndawana
Is this another catch-and-release?
The arrest of Neville Mutsvangwa has just ruffled feathers and opened a can of worms in Zanu PF's political factional fights. Is this government really serious about fighting corruption in the...Published: 18 May 2024 at 20:50hrs | 3 | by Leonard Koni
No holy cows in Zimbabwe's forex violations blitz
Zimbabwe's Financial Intelligence Unit (FIU) and the police delivered a firm message yesterday, emphasizing that in the nationwide crackdown on individuals and entities breaching the Exchange Control ...Published: 18 May 2024 at 12:25hrs | 10 | by Staff reporter
FIU sufficiently resourced to fight ZiG saboteurs
The Financial Intelligence Unit (FIU), a division of the Reserve Bank of Zimbabwe (RBZ), is well-equipped with skilled personnel and advanced hardware to tackle financial crimes. Recent recruitment ef...Published: 18 May 2024 at 10:47hrs | | by Staff reporter
CIOs go after illegal money changers 'running down ZiG'
The ruling party Zanu-PF has issued a strong warning to black market traders, accusing them of undermining the newly introduced gold-backed currency, ZiG.Christopher Mutsvangwa, Zanu-PF's secr...Published: 16 Apr 2024 at 19:16hrs | 1 | by Staff reporter
Zimbabwe police to conduct blitz on street traders manipulating ZiG currency
Finance Minister Mthuli Ncube has announced plans for law enforcement crackdowns on black market traders accused of manipulating Zimbabwe's new structured currency, the Zimbabwe Gold (ZiG). This initi...Published: 11 Apr 2024 at 18:31hrs | | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 3 | by Staff reporter
Armed robbers on the prowl
POLICE have launched a manhunt for two suspected armed robbers believed to be part of a gang that has unleashed a reign of terror in Bulawayo by raiding homes and businesses in the city centre....Published: 09 Apr 2024 at 06:20hrs | 2 | by Staff reporter
French company wants to buy South Africa's MultiChoice for US$1.9 billion
French media group Vivendi's, opens new tab Canal+ made an all-cash mandatory offer on Monday to buy all the shares of South African broadcaster MultiChoice, opens new tab it does not already own for ...Published: 08 Apr 2024 at 11:01hrs | 1 | by Staff reporter
Money changers reject bond notes
Vendors in Harare have ceased accepting bond notes following the introduction of the new currency, the Zimbabwe Gold (ZiG) dollar, despite Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanu's an...Published: 08 Apr 2024 at 10:49hrs | | by Staff reporter
Service providers stop trading in Zimdollars
A MAJORITY of service providers and shops in the country were yesterday rejecting payments in local currency arguing that they were migrating to the new Zimbabwe Gold (ZiG) currency in a development t...Published: 07 Apr 2024 at 10:07hrs | 1 | by Staff reporter
Bogus cops rob money changers
THREE illegal money changers popularly known as osphatheIeni lost an undisclosed amount of money on Thursday after they were attacked by armed robbers during the day.The robbery occurred at Nk...Published: 06 Apr 2024 at 16:06hrs | | by Staff reporter
Robbers pounce on Bulawayo money changers
Two suspected armed robbers pounced on three illegal money changers operating at Bulawayo's Nkulumane Complex Thursday afternoon and got away with an undisclosed amount of money.After the raid...Published: 05 Apr 2024 at 05:59hrs | 171 | by Staff reporter
Econet network challenges persist
The technical difficulties plaguing Econet Wireless Zimbabwe (EWZ), the country's leading mobile telecommunications, media, and technology company, persisted into the third day on Friday, causing conc...Published: 09 Mar 2024 at 10:57hrs | 2 | by Staff reporter
Exciting changes for ZimAchievers UK edition, as new partnership is announced
The 2024 Edition of the Zimbabwe Achievers Awards (ZAA) United Kingdom will be held on the 11th of May at the Birmingham Conference and Events Centre in partnership with UK-based company Care Quality ...Published: 21 Jan 2024 at 19:09hrs | 6 | by Agencies
BCC sparks controversy with debit cards notice
THE Bulawayo City Council (BCC) was last Friday forced to withdraw a notice stating that only bank debit cards bearing the name of the owner of the property will be accepted for rates payment which wa...Published: 21 Jan 2024 at 07:25hrs | | by Staff reporter
Mnangagwa not a game-changer but merely going in circles
So the ZANU PF regime is exceedingly delighted over the US$1.5 billion Manhize steel project in Mvuma!The Zimbabwe government can not tell ...Published: 21 Jan 2024 at 07:13hrs | 13 | by Tendai Ruben Mbofana
Armed robbers terrorise Beitbridge residents
POLICE have admitted challenges in fighting cases of armed robbery that have rocked Beitbridge over the past fortnight.This is despite a new crop of officers in the Criminal Investigation Depa...Published: 19 Dec 2023 at 06:41hrs | | by Staff reporter
9 robbers shot as cops name 20 most wanted criminals
NINE suspected robbers sustained injuries after they were shot by police in Harare on Thursday in a crackdown, while the hunt is on for 20 suspects whom detectives have named as Zimbabwe's most wanted...Published: 17 Dec 2023 at 09:42hrs | 4 | by Staff reporter
ZRP unveils Top 20 most wanted criminals in Zimbabwe
The Zimbabwe Republic Police (ZRP) has released a list of the country's top 20 most wanted criminals. The individuals on this list are suspected to be involved in a range of criminal activities, from ...Published: 17 Dec 2023 at 08:12hrs | 1466 | by Mandla Ndlovu
Armed robbers escape from police custody
Residents of Beitbridge are expressing outrage at local police officers, accusing them of negligence for allowing two suspected armed robbers, who were arrested following a community tip-off, to escap...Published: 28 Oct 2023 at 07:48hrs | 2 | by Staff reporter
Mnangagwa did not address an almost empty auditorium at UNGA78
President Emmerson Mnangagwa did not address an almost empty auditorium at the 78th session of the United Nations General Assembly as circulated on social media. Mnangagwa has not yet del...Published: 21 Sep 2023 at 13:38hrs | | by Staff reporter
Simba Bhora frustrate Dembare
Dynamos 0 - 0 Simba BhoraSIMBA Bhora collected a precious point from Dynamos after forcing a draw in their Castle Lager Premier Soccer League (PSL) match at Barbourfields Stadium yesterday....Published: 28 Aug 2023 at 06:55hrs | | by Staff reporter
DOP President threatens to ban 'omalayitsha', 'osiphatheleni'
LEADER of the opposition, Democratic Official Party (DOP), and presidential candidate in the forthcoming harmonized elections, Engineer Peter Wilson, has pledged to ban cross-border transporters popul...Published: 02 Aug 2023 at 18:10hrs | | by Staff reporter
Air Force to fine-tune training of staff in defence of Zimbabwe airspace
The Air Force of Zimbabwe will continue training its personnel to meet the requirements of contemporary threats, building competent and determined forces ready to serve and protect the country, its pe...Published: 20 Jul 2023 at 06:51hrs | 1 | 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
Mthuli Ncube tours Bulawayo shops, chides business for hiking prices
Continued unjustified fluctuation of prices of goods in supermarkets will force people to import basic commodities from outside the country, Finance Minister Professor Mthuli Ncube has stated....Published: 28 May 2023 at 16:52hrs | 1 | by Staff reporter
The Zimbabwean nightmare and tragic optimism of Mutambara
To mention Zimbabwe and the idea of a "dream" in the same sentence, as Professor Arthur Mutambara has done, is to be provocative and challenging.The provocation and the challenge come from the...Published: 28 May 2023 at 08:06hrs | | by William Jethro Mpofu
Mthuli Ncube confronts Osiphatheleni
THERE was drama around Tredgold Building, which houses the Bulawayo Magistrate Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pr...Published: 28 May 2023 at 08:03hrs | 2 | by Staff reporter
Mthuli Ncube threatens crackdown on businesses
THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pro...Published: 28 May 2023 at 07:59hrs | 1 | by Staff reporter
Bulawayo police descend on money changers
POLICE in Bulawayo have warned members of the public to desist from illegally dealing in foreign currency as they will face the full wrath of the law.Bulawayo police spokesperson Inspector Abe...Published: 24 May 2023 at 06:00hrs | 6 | by Staff reporter
Zimbabwe police raid illegal forex dealers, retrieve 11 POS machines
POLICE in Bulawayo have raided illegal foreign currency dealers and arrested six suspects linked to the abuse of Point of Sale (POS) machines to carry out illicit transactions.Bulawayo provinc...Published: 23 May 2023 at 21:16hrs | 5 | by Staff reporter
Money changers hijack POS machines for big transactions
DECKED out in trendy designer wear, clutching energy drink cans and munching take-aways while engaging in high-pitched conversations, illegal money changers, popularly known as osiphatheleni who have ...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Zimbabwe will prosper if we speak for the suffering, not for politicians!
There is a justifiable reason why I never became a politician and have stayed clear from participating in party politics.One simply needs to go through social media, and the reason will be rig...Published: 18 May 2023 at 21:14hrs | 1 | by Tendai Ruben Mbofana
WOCO founder launches a learning centre
World Changers Organisation founder, gender champion and entrepreneur Kundai Masache launched Shamwari Yepedyo learning centre in Marondera yesterday.Speaking during the launch Masache said," ...Published: 07 May 2023 at 11:10hrs | 2 | by Tarisai Mudahondo
Kombis fares now range between $600 and $1 000 for a single trip
COMMUTER omnibus operators in Bulawayo have increased fares in local currency.The new fares range between $600 and $1 000 for a single trip, depending on the time one boards the vehicles and t...Published: 08 Apr 2023 at 10:19hrs | | by Staff reporter
Kombi operators hike fares
COMMUTER omnibus operators in Bulawayo have increased fares in local currency by almost 100 percent.This has drawn condemnation from commuters who feel the hike is unjustified given that the p...Published: 07 Apr 2023 at 09:11hrs | | by Staff reporter
Hoping to build economy by 'creating' entrepreneurs and innovators is delusional and misguided!
There is a popular saying - leaders are born and not created or made. That is very true.It is a futile exercise trying to make a leader out of someone who never had leadership qualitie...Published: 04 Apr 2023 at 09:59hrs | | by Tendai Ruben Mbofana
Gold Mafia: Zimbabwe government should rethink its policies!
The Exposé, a documentary by Al Jazeera International, of what it calls the Zimbabwe Gold Mafia does not come as a surprise to journalists in Zimbabwe.The looting of Zimbabwe's sovereign mine...Published: 02 Apr 2023 at 11:04hrs | 1 | by Kenneth Mufuka
Stadium dilemma for PSL newboys
PREMIERSHIP football newcomers Simba Bhora are set to adopt the National Sports Stadium for their historic Castle Lager Premier Soccer League opening match against holders FC Platinum next week....Published: 10 Mar 2023 at 05:16hrs | 1 | by Staff reporter
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