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Zimbabwe MPs push for stiffer penalties amid explosive AG report
Parliamentarians have reaffirmed their commitment to enforcing laws and imposing stringent penalties for public fund misuse. During a meeting convened by the Zimbabwe Coalition on Debt and Development...Published: 16 hrs ago | 398 | by Staff reporter
South Africa's White mediocrity and double standards on education
In a recent parliamentary session, Economic Freedom Fighters (EFF) member of parliament Omphile Maotwe posed a critical question to Democratic Alliance (DA) member Natasha Mazzone regarding her claime...Published: 17 hrs ago | 314 | by Mbali Dlamini
Dynamos forced to pay Gwekwerere US$27,000
Dynamos FC faced a significant hurdle in their return to CAF inter-club competitions due to a US$27,000 debt owed to former striker Evans Gwekwerere. Gwekwerere claimed this amount was due from variou...Published: 24 Jul 2024 at 11:10hrs | 635 | by Staff reporter
Air Zimbabwe to resume direct flights to London
Plans are underway to resume direct flights from Zimbabwe to the United Kingdom, a move aimed at boosting trade and leveraging the country's centrality in the Sadc region, according to Transport and I...Published: 24 Jul 2024 at 09:11hrs | 5002 | by Staff reporter
Lawyer accuses witness of capturing police
In the ongoing trial of three suspected stock thieves before Plumtree magistrate Mr Joshua Nembaware one of the defence lawyers Nqobani Sithole accused the complainant Gary Charles Rosenfels of having...Published: 23 Jul 2024 at 16:31hrs | 645 | by Simbarashe Sithole
Granny raped 'for grand-daughter's sins'
IN a rather bizarre incident, a 72-year-old woman from Mgadla Village, Matobo District in Matabeleland South province was allegedly raped by her granddaughter's 22-year-old ex-lover as repayment for a...Published: 20 Jul 2024 at 12:09hrs | 475 | by Staff reporter
Harare faces water treatment chemicals shortage
Harare is at risk of a water crisis due to a shortage of treatment chemicals, stemming from unresolved payments to suppliers. The city council owes Chemplex Corporation approximately US$3 million for ...Published: 20 Jul 2024 at 11:56hrs | 28 | by Staff reporter
NetOne's going concern status at risk
NetOne Private Limited, a telecommunications company in Zimbabwe, has been identified as technically insolvent and at risk of being unable to sustain its operations, according to a recent report. Rele...Published: 17 Jul 2024 at 06:51hrs | 614 | by Staff reporter
Zimra's unaccounted deposits cause tax woes
The Zimbabwe Revenue Authority (Zimra) received $101.54 billion in unaccounted deposits from clients in 2023, creating an administrative challenge that led to unnecessary penalties and interest on tax...Published: 15 Jul 2024 at 16:42hrs | 4136 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 214 | by Samir Bhattacharya
Examiner in US$500k criminal abuse of office scandal
Absolom Magwere, a principal examiner in the Ministry of Justice, Legal and Parliamentary Affairs, appeared before Harare regional magistrate Marehwanazvo Gofa on charges of criminal abuse of office i...Published: 15 Jul 2024 at 08:16hrs | 175 | by Staff reporter
Zimbabwe's local grappling with poor governance issues
Local authorities in Zimbabwe are grappling with weak corporate governance issues, as highlighted in the 2023 report by Acting Auditor General Mrs. Rhea Kujinga. The report, presented to Parliament la...Published: 15 Jul 2024 at 08:08hrs | 36 | by Staff reporter
'Zacc, Parly must probe Beam funds abuse'
A social justice group has called for investigations by the Zimbabwe Anti-Corruption Commission and Parliament into alleged mismanagement and misuse of funds meant for the Basic Education Assistance M...Published: 10 Jul 2024 at 07:52hrs | 4 | by Staff reporter
Power challenges delay Go Beer re-opening
Gweru Mayor Martin Chivhoko announced at a recent full council meeting that the servicing of equipment at the city's beer concern, Go Beer, has been completed. However, plans for reopening are hindere...Published: 10 Jul 2024 at 07:49hrs | 1 | by Staff reporter
Government's ZWL$1 billion debt cripples Zimpapers operations
The country's largest multimedia group, Zimpapers Limited is owed in excess of ZWL$1 billion by government departments and ministries, parliament has been told, a situation that has crippled its opera...Published: 09 Jul 2024 at 06:21hrs | 5 | by Staff reporter
Mnangagwa goes after Mugabe’s family, relatives
President Emmerson Mnangagwa's government has reportedly repossessed extensive land holdings belonging to former first lady Grace Mugabe, her daughter Bona, and other relatives, in a move believed to ...Published: 07 Jul 2024 at 17:34hrs | 125 | by Staff reporter
UK's Indian Prime Minister in stunning election loss
Keir Starmer vowed to bring change to Britain as its next prime minister after his Labour Party surged to a comprehensive win in a parliamentary election on Friday, ending 14 years of often tumultuous...Published: 05 Jul 2024 at 16:13hrs | 3 | by Staff reporter
Gweru City Council undertakes debtors cleansing exercise
The Gweru City Council is conducting a debtors cleansing exercise to verify the status of its debtors, including companies that have ceased operations but are still listed as owing money. This effort ...Published: 05 Jul 2024 at 11:02hrs | | by Staff reporter
The Sentry report on Mutapa Fund is shallow and weak
I had the MISFORTUNE of going through a report prepared and distributed by The Sentry, possibly written by an excitable Nick Donovan. Long story short, the report is shallow and weak. Here is ...Published: 04 Jul 2024 at 16:37hrs | 7 | by MMatigary
Shareholders cream off US$1,6b from Mutapa
Zimbabwe's debt restructuring talks are at risk following revelations that the country's liabilities may have increased due to a secretive US$1.6 billion payment to unknown shareholders under the sove...Published: 04 Jul 2024 at 09:33hrs | 1 | by Staff reporter
Zimra garnishes Gweru Council accounts
The Zimbabwe Revenue Authority (Zimra) recently garnished Gweru City Council's bank accounts to recover over ZWG3 million in unpaid taxes, affecting the council's financial transactions. Mayor Martin ...Published: 03 Jul 2024 at 10:27hrs | | by Staff reporter
BCC goes after household property
The cash-strapped Bulawayo City Council (BCC) has implemented stringent measures to recover over US$50 million owed by defaulting ratepayers. These measures include attaching and auctioning off proper...Published: 03 Jul 2024 at 10:26hrs | 2 | by Staff reporter
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 4 | by Nomazulu Thata
Zimbabwe diplomatic missions swim in poverty
Government is grappling with severe financial constraints in meeting its obligations for diplomatic missions, including salaries and operational expenses, due to a shortage of foreign currency, as rev...Published: 02 Jul 2024 at 06:31hrs | 2 | by Staff reporter
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 3 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | | by @Jamwanda2 on Saturday
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 2 | by Staff reporter
ZINASU wants CVs of recently appointed Judges
The Zimbabwe National Students Union president, Allan Chipoyi, has issued an ultimatum to the Judicial Service Commission, demanding that they provide the CVs and scoresheets of the recently appointed...Published: 27 Jun 2024 at 14:49hrs | 2 | by Staff reporter
Zimbabwe central bank sees slower economic growth of 2%
The Reserve Bank of Zimbabwe (RBZ) projects the economy to grow by 2% in 2024, which is slower than the government's earlier forecast of 3.5%. Despite the lower inflation outlook and market calls for ...Published: 27 Jun 2024 at 14:22hrs | | by Staff reporter
Kenya's Ruto eats humble pie
Kenyan President William Ruto said Wednesday he won't sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest ...Published: 27 Jun 2024 at 09:58hrs | 2 | by Associated Press
Ingwebu seeks bill payment holiday
Ingwebu Breweries, owned by Bulawayo City Council, has requested an exemption from paying its water bill, which has accumulated to over US$400,000. This request was detailed in the latest council minu...Published: 24 Jun 2024 at 06:55hrs | | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 9 | by Tonderai Ndoro
Mutapa portfolio grows to 66 companies
The Mutapa Investment Fund (Mutapa) manages a diverse portfolio of 66 state-owned enterprises (SOEs), their subsidiaries, and state-invested enterprises (SIEs). This portfolio includes entities in var...Published: 16 Jun 2024 at 09:13hrs | 5 | by Staff reporter
BCC writes off 864 bills
The Bulawayo City Council (BCC) has written off bills for over 800 properties, deeming them irrecoverable due to the high cost of recovery relative to the amounts owed. The total amount written off is...Published: 16 Jun 2024 at 09:10hrs | | by Staff reporter
Zesa seeks to settle loans in ZiG
Zesa Holdings is implementing cost-containment measures to drive revenue and pay off its significant loans. With successful expansion projects at Kariba Hydro Power Station and Hwange's units 7 and 8,...Published: 13 Jun 2024 at 06:51hrs | | by Staff reporter
'Western war hawks want Ukraine's resources'
Western countries want Kiev to achieve victory in the conflict with Russia, because it would give them the opportunity to "acquire and divide" Ukraine's wealth, Hungarian Prime Minister Viktor Orban h...Published: 10 Jun 2024 at 09:04hrs | | by Staff reporter
Doctors calling for Joe Biden to take cognitive test
Doctors are calling for Joe Biden to take a cognitive test and make the results public after a bombshell report laid bare his mental decline. Yesterday, the Wall Street Journal revealed a conc...Published: 06 Jun 2024 at 08:49hrs | 1 | by Staff reporter
Zimbabwe miner expects to triple gold output
Caledonia Mining plans to triple its gold output by developing Bilboes, the gold asset it acquired last year, using a single-phase development strategy. The company initially considered a phased appro...Published: 05 Jun 2024 at 14:15hrs | | by Staff reporter
Zupco forced to suspend operation
The Zimbabwe Passenger Company (Zupco) has been forced to suspend operations due to a fuel shortage, despite the country having adequate fuel supplies. This crisis, ongoing for three weeks, is...Published: 04 Jun 2024 at 12:52hrs | 1 | by Staff reporter
Zinara on course to clearing DBSA debt
The Zimbabwe National Road Administration (Zinara) has made significant progress in reducing its US$200 million debt with the Development Bank of South Africa (DBSA), now owing US$59 million. Zinara b...Published: 04 Jun 2024 at 11:54hrs | | by Staff reporter
Attachment of residents' houses displays CCC's heartless agenda
The decision by the Harare City Council (HCC) to take drastic measures against low-income residents who are struggling to pay their monthly rates by attaching over 50 properties due to non-payment, ha...Published: 04 Jun 2024 at 08:28hrs | | by Tonderai Ndoro
Zimbabwe demands major reductions on $19.2bn debt
Zimbabwe has asked its creditors for significant debt reductions on its $19.2 billion internal and external debt, Bloomberg reported on May 30, citing Finance Minister Mthuli Ncube."We will be...Published: 03 Jun 2024 at 09:07hrs | | by Staff reporter
Silalatshani irrigation secures a partner
Production at the Silalatshani Irrigation Scheme in Insiza, Matabeleland South province, is set to resume after farmers secured a partner to support their agricultural activities.The unnamed p...Published: 03 Jun 2024 at 08:10hrs | | by Staff reporter
City Council attaches 50 houses
The Harare City Council (HCC) has seized over 50 properties from residents and businesses that have defaulted on paying their monthly rates. More than 4,000 ratepayers with overdue balances exceeding ...Published: 02 Jun 2024 at 09:00hrs | 1 | by Staff reporter
EU claims it supports Zimbabwe debt clearance
European Union ambassador to Zimbabwe, Jobst von Kirchmann, expressed the bloc's interest in Zimbabwe's success in debt resolution talks with creditors. However, he emphasized that debt clearance requ...Published: 30 May 2024 at 08:46hrs | 10 | by Staff reporter
Zimbabwe's ZPC struggles to procure new equipment
Zimbabwe Power Company (ZPC) management highlighted the ongoing challenge of insufficient funds for procuring spare parts and equipment to maintain aging machinery, impacting energy sufficiency. Durin...Published: 30 May 2024 at 08:35hrs | | by Staff reporter
Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | | by Staff reporter
NOIC suffers blow in US$160,000 arbitration award
The High Court has ruled in favor of the contractor in a dispute with the National Oil Infrastructure Company of Zimbabwe (NOIC) overpayment for supplying and installing instrumentation, control, and ...Published: 28 May 2024 at 09:55hrs | | by Staff reporter
Chamisa bounces back
OPPOSITION leader Nelson Chamisa continues to apply pressure on SADC, nine months after last year’s chaotic general elections, revealing in a Monday statement that the regional body is giving the ma...Published: 27 May 2024 at 17:19hrs | | by Staff reporter
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