Search / Debt
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 16 hrs ago | 1087 | by Wilbert Mukori
Harare council fails to account for 100,000 houses
Harare Mayor Councillor Jacob Mafume has disclosed that the city is failing to collect rates from over 100,000 households due to an inefficient accounting system, further exacerbated by a growing numb...Published: 20 Nov 2024 at 06:48hrs | 188 | by Staff reporter
Zinwa loses bid to block arbitrator in debt row
The High Court has rejected an application by the Zimbabwe National Water Authority (Zinwa) to set aside an arbitration ruling in a case where the authority is accused of refusing to pay a service pro...Published: 19 Nov 2024 at 08:53hrs | 252 | by Staff reporter
Edgar Lungu, the Tonse Coalition, and Zambia's political landscape: A clash of visions ahead of the 2026 elections
As Zambia gears up for the 2026 elections, the country's political scene is increasingly defined by the emerging rivalry between former President Edgar Lungu and current President Hakainde Hichilema, ...Published: 14 Nov 2024 at 12:28hrs | 627 | by Nkululeko Nkomo
Mthuli Ncube to clear ZiG57m BEAM arrears
The Government has pledged to clear ZiG57 million in arrears owed to the Basic Education Assistance Module (BEAM), following a recent directive from the ruling Zanu-PF party to settle outstanding debt...Published: 14 Nov 2024 at 09:23hrs | 91 | by Staff reporter
Why fuel prices are high in Zim
The Zimbabwe Energy Regulatory Authority (Zera) has attributed the country's high fuel pump prices to the substantial tax burden and levies applied to petrol and diesel, compared to other countries in...Published: 12 Nov 2024 at 11:00hrs | 1509 | by Staff reporter
Ghana's John Mahama projected to unseat ruling party in December election
Ghana's main opposition leader and former president, John Dramani Mahama, appears to be the front-runner in the upcoming December presidential election, according to an opinion poll released on Monday...Published: 11 Nov 2024 at 13:46hrs | 493 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2289 | by Staff reporter
Council in US$2,1m billing system storm
The Harare City Council recently bypassed a locally-developed enterprise resource planning (ERP) system, opting instead to pay US$2.1 million to a foreign vendor, prompting public criticism. The rejec...Published: 11 Nov 2024 at 07:02hrs | 151 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 181 | by Staff reporter
We Africans have our way of doing things
The thunderous weather, intensified by blinding lightning, instils fear in many of us. Folklore has it that during such storms, bad debtors and adulterers often tremble to the core, fearing that those...Published: 08 Nov 2024 at 14:57hrs | 272 | by Thomas Murisa
Mbalula attacks Madam Zille
Cracks within the Government of National Unity (GNU) have continued to widen after ANC secretary-general Fikile Mbalula launched a blistering attack on the DA's federal chairperson Helen Zille, accusi...Published: 08 Nov 2024 at 09:49hrs | 941 | by Staff reporter
Victoria Falls to get two new upmarket hotels
Zimbabwe's premier tourist destination, Victoria Falls, is set to see the construction of two luxury hotels, valued at a combined US$114.3 million, which will significantly boost the city's hospitalit...Published: 08 Nov 2024 at 06:49hrs | 224 | by Staff reporter
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 391 | by Rigid Kondongwe
Zimbabwe govt posts ZiG3,4bn budget deficit
GOVERNMENT has reported a ZiG3,4 billion budget deficit for the first nine months of the year owing to inflationary pressures and growing expenditure.Finance, Economic Development and Investme...Published: 07 Nov 2024 at 07:13hrs | 268 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1718 | by Ifeanyi Abraham
Calls mount for Zanu-PF Insiza MP Farai Taruvinga's expulsion
Villagers in the Insiza North constituency are growing increasingly frustrated with their Member of Parliament, Farai Taruvinga, as concerns mount over his prolonged absence from Parliament since his ...Published: 06 Nov 2024 at 07:06hrs | 2312 | by Staff reporter
Kumalo residents install solar streetlights to combat crime
In response to increasing criminal activity fueled by unlit streets due to power blackouts and non-functional streetlights, residents of Bulawayo's Kumalo suburb have launched an initiative to install...Published: 04 Nov 2024 at 06:43hrs | 206 | by Staff reporter
Businessman loses mansion eviction, sale appeal
Frank Humbe, a Harare businessman, has suffered a setback in his ongoing legal battle over a disputed property in Borrowdale, as the Supreme Court has dismissed his appeal against the High Court's dec...Published: 01 Nov 2024 at 06:35hrs | 831 | by Staff reporter
Britain's former colonies should be thankful for the legacy of empire
Britain's former colonies should be thankful for the legacy of empire, not demanding reparations, according to the Conservative leadership candidate Robert Jenrick.In comments that were descri...Published: 30 Oct 2024 at 09:51hrs | 719 | by Staff reporter
Fumvudza/ intwasa input scheme in disarray over US$300 million debt to suppliers
A government initiative aimed at providing free access to seed and fertilizer for communal farmers is encountering significant obstacles, as it has been revealed that the state owes suppliers more tha...Published: 30 Oct 2024 at 08:28hrs | 168 | 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 | 6749 | by Staff reporter
'US sanctions trapping Zimbabwe to remain second-class'
Palestine's ambassador to Zimbabwe, Tamer Almassri, has criticized the intensifying economic sanctions imposed by the United States, stating that they contribute to Zimbabweans remaining second-class ...Published: 29 Oct 2024 at 07:42hrs | 135 | by Staff reporter
Businesswoman fights off loan shark
A Harare businesswoman has approached the Norton Magistrates Court for an interdict against a loan shark, alleging harassment and intimidation linked to a loan she secured last year.Fungai Gol...Published: 29 Oct 2024 at 07:41hrs | 475 | by Staff reporter
Businessman challenges High Court ruling after losing US$380k home
Harare businessman Frank Humbe has taken his fight for justice to the Supreme Court, appealing a High Court ruling that dismissed his application for rescission of a default judgment against suspected...Published: 29 Oct 2024 at 07:40hrs | 442 | by Staff reporter
Traditional Healer Gogo Chihoro to Open Office in Bulawayo This Saturday, Answering Calls from Matabeleland
Renowned traditional healer Gogo Chihoro will launch her long-awaited office in Bulawayo this Saturday. After receiving numerous calls from Matabeleland residents, who yearn for her renowned services,...Published: 28 Oct 2024 at 20:09hrs | 1419 | by Mandla Ndlovu
Ramaphosa's goons go after Dali Mpofu over 'unpaid personal tax'?
The taxman is knocking on the door of South Africa's well-known legal eagle, advocate Dali Mpofu, demanding more than R2-million from him in unpaid personal income tax.News that the South Afri...Published: 28 Oct 2024 at 07:57hrs | 8249 | by Staff reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 239 | by Staff reporter
Mazibuko, model clash over US$180
Sipho Mazibuko, the founder of Miss Rural Zimbabwe and a controversial model coach, is embroiled in a dispute with one of her models, Grace Sibanda, from Matabeleland South province, over a passport d...Published: 27 Oct 2024 at 12:28hrs | 396 | by Staff reporter
US Ambassador agrees that Zimbabwe was under sanctions
In a recently published op-ed, US Ambassador to Zimbabwe, Pamela M. Tremont, provided clarity on the sanctions imposed on Zimbabwe, emphasizing the limited scope and specific targets of these measures...Published: 25 Oct 2024 at 12:54hrs | 601 | by Ambassador Pamela M. Tremont
Commonwealth leaders to defy UK on slavery reparations
Commonwealth heads of government are preparing to defy the United Kingdom and agree plans to examine reparatory justice for the transatlantic slave trade, the BBC has learned.Downing Street in...Published: 25 Oct 2024 at 08:52hrs | 399 | by Staff reporter
SAA struggling to get over US$50 million out of Zimbabwe
South African Airways (SAA) said it was still struggling to get over US$50 million out of Zimbabwe.Equating roughly to around R1 billion, Parliament's Standing Committee on Public Accounts (SC...Published: 24 Oct 2024 at 08:06hrs | 1230 | by Staff reporter
IMF, World Bank not serving African interests
Humanitarian organization ActionAid has issued a scathing call for the overhaul or abolition of the International Monetary Fund (IMF) and World Bank, arguing that these institutions do not serve the i...Published: 24 Oct 2024 at 07:59hrs | 122 | by Staff reporter
Community calls for speed cameras rather than speed humps
Concerned residents of Beitbridge have appealed to the Ministry of Transport and Infrastructure Development to install speed cameras and enforce stricter road traffic regulations along the 5.1km dual ...Published: 24 Oct 2024 at 07:56hrs | 374 | by Staff reporter
Fire breaks out at Hadon n Sly complex in Bulawayo City centre
A FIRE has broken out at Haddon n Sly Building in Bulawayo on the underground floor.Two fire tenders have been deployed to extinguish the fire.The Chronicle could not establ...Published: 24 Oct 2024 at 07:56hrs | 272 | by Staff reporter
Bad debtor attempts to murder money lender
A 24-year-old man from Matura Compound in Chinhoyi has been sentenced to three years in jail for attempted murder after a violent altercation with a neighbor over an unpaid loan. Byron Kachimanga was ...Published: 24 Oct 2024 at 07:55hrs | 304 | by Staff reporter
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 | 270 | by Tendai Ruben Mbofana
Mnangagwa shields Ruwa Local Board assets from seizure, sale
President Emmerson Mnangagwa has exercised his emergency powers to protect the assets of the Ruwa Local Board from sale and seizure, responding to a dire situation that threatens the well-being of the...Published: 23 Oct 2024 at 07:51hrs | 233 | by Staff reporter
Serial fraudster ordered to pay US$215,000 debt
HIGH Court judge Siyabona Musithu has ordered suspected con-artist Tawanda Denford Bondamakara to pay back US$215,000 in debt he incurred after he allegedly sold a non-existent piece of land to one Ru...Published: 22 Oct 2024 at 10:25hrs | 798 | by Staff reporter
Catholic bishops bid to pay US$188K in ZiG hits a snag
The High Court of Zimbabwe has dismissed the application for a declaratur seeking a stay of execution regarding a US$188,000 payment order against Stella Mundi, an agricultural company owned by the Zi...Published: 22 Oct 2024 at 08:04hrs | 472 | 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 | 704 | by Admire Maparadza Dube
Jeys Marabini dismisses Mazibuko debt claims
Celebrated musician Jeys Marabini has dismissed allegations made by former modelling coach Sipho Mazibuko, who claimed he owes her money stemming from events that occurred in the early 2000s. Mazibuko...Published: 20 Oct 2024 at 14:07hrs | 128 | by Staff reporter
Harare, Chitungwiza meet over water crisis
The Harare City Council (HCC) is set to hold a crucial meeting with Chitungwiza Municipality this week to address the ongoing water crisis in the dormitory town, which worsened following the decommiss...Published: 20 Oct 2024 at 12:17hrs | 37 | by Staff reporter
BCC considers introduction of Tradable Municipal Bonds
The City of Bulawayo is exploring new ways to finance its critical infrastructure projects through a joint proposal from Financial Services Exchange (Private) Limited and Nedbank. The proposal aims to...Published: 20 Oct 2024 at 12:16hrs | 114 | by Staff reporter
Mnangagwa headlines Anti-Sanctions Day commemorations
Zimbabwe will commemorate the fifth anniversary of the Southern African Development Community (SADC) Anti-Sanctions Day on Friday, with President Emmerson Mnangagwa, as the chairperson of the regional...Published: 20 Oct 2024 at 12:16hrs | 79 | by Staff reporter
SA constitution serves the elite and the neoliberal agenda
The MK Party has called for the scrapping of South Africa's constitution, claiming it serves the elite and the neoliberal agenda. The party, led by former president Jacob Zuma who was in the A...Published: 19 Oct 2024 at 19:59hrs | 253 | by Staff reporter
Chivayo refuses to pay American consultant
Zimbabwean businessman Wicknell Chivayo, known for his extravagant lifestyle and high-profile donations, is currently embroiled in controversy following his refusal to pay US$75,000 to an American con...Published: 19 Oct 2024 at 12:37hrs | 9793 | 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 | 9582 | by Staff reporter
Zimbabwe paying Ian Smith regime debt used for fighting liberators
Zimbabwe has been burdened with a staggering $700 million debt incurred during the Ian Smith regime, primarily used for purchasing weapons to suppress liberation efforts, according to researcher and A...Published: 18 Oct 2024 at 10:25hrs | 910 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
Load More Stories
