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ZANU-PF feverish defence of Chinese looting proves Zimbabwe now a colony!
A few days ago, renowned economist and former member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee, Eddie Cross, made some interesting revelations. He claimed that there are ...Published: 09 Jan 2025 at 16:20hrs | 1255 | by Tendai Ruben Mbofana
Family caught in mysterious haunting and family feud
A Chipinge family is facing a series of disturbing and unexplained events they believe are linked to the ghosts of two deceased traditional healers. According to the family, these healers' services we...Published: 21 Dec 2024 at 09:04hrs | 946 | by Staff reporter
AMH Workers in salary arrears quandary
Alpha Media Holdings (AMH) workers are grappling with stress over unpaid salary components, particularly the United States dollar portion, which has remained outstanding for five months and is not ref...Published: 17 Dec 2024 at 11:17hrs | 1281 | by Staff Reporter
Bulawayo City Council cuts water supplies to schools
The Bulawayo City Council (BCC) has intensified its debt recovery efforts, cutting off water supplies to 59 schools in a bid to recover outstanding payments. This bold move comes as the local authorit...Published: 15 Dec 2024 at 09:14hrs | 487 | by Staff reporter
Go Beer Breweries nears revival
Gweru residents are anticipating a brighter festive season with the imminent revival of Go Beer Breweries, which has been dormant for nearly a decade. The Gweru City Council has committed US$2.3 milli...Published: 13 Dec 2024 at 09:29hrs | 164 | by Staff reporter
'Loan shark' seizes vehicle over US$60 debt
Isaac Matinyarare, an alleged illegal money lender from Chiredzi, is accused of forcibly confiscating a silver Nissan Sulphy Bluebird from Phillip Mafuta over a disputed US$60 debt. Mafuta told The Mi...Published: 06 Dec 2024 at 13:07hrs | 316 | by Staff reporter
Zimbabwe's education sector saddled with billions in debt
The Ministry of Primary and Secondary Education in Zimbabwe is grappling with significant financial challenges, with debts running into billions of Zimbabwe Gold (ZiG) currency, revealing the deepenin...Published: 06 Dec 2024 at 06:39hrs | 285 | by Staff reporter
Woman loses bid to block sale of trust property
A Harare woman, Ms. Tariro Lebogang Mutenda, has lost her legal battle to prevent businessman Mr. Upenyu Mashangwa from selling a Borrowdale Brooke property to settle a debt of over US$1.6 million....Published: 06 Dec 2024 at 06:26hrs | 460 | by Staff reporter
'Banks refuse to make salary payments on behalf of Zimbabwe govt'
A dramatic financial crisis has hit Zimbabwe's civil service as banks have reportedly withheld payments for thousands of public sector workers' salaries, citing the government's inability to meet its ...Published: 03 Dec 2024 at 09:58hrs | 12984 | by Staff reporter
ZANU-PF corruption and mismanagement have turned Air Zimbabwe into an international embarrassment
This once-proud national airline, which began its journey in 1980 with a modern fleet inherited from Air Rhodesia, is now a global laughingstock, a shadow of its former self. At independence, ...Published: 02 Dec 2024 at 23:21hrs | 1318 | by Tendai Ruben Mbofana
Challenges mount for Mwonzora, property attached
Douglas Mwonzora, the embattled opposition politician and lawyer, is facing significant legal and financial troubles after his law firm, Mwonzora and Associates, had its office property seized last we...Published: 02 Dec 2024 at 15:49hrs | 4876 | by Staff reporter
Supreme court upholds disqualification of Victoria Falls candidate
The Supreme Court has upheld a High Court decision disqualifying aspiring independent candidate Ephias Mambume from contesting in the Ward 1 by-election for Victoria Falls Municipality. The ruling eff...Published: 30 Nov 2024 at 12:56hrs | 44 | by Staff reporter
US wants Zimbabwe to double down on reforms
The United States is urging the Zimbabwe government to double down on reforms aimed at returning the country to the prosperity it once enjoyed.Speaking to reporters in Harare on Monday, Pamela...Published: 26 Nov 2024 at 08:20hrs | 945 | by Staff reporter
Delma Lupepe faces eviction by Obert Mpofu
Once a flamboyant businessman in Bulawayo, Delma Lupepe is now embroiled in a legal battle after allegedly refusing to vacate a rented residential property in Burnside despite owing US$20,000 in unpai...Published: 24 Nov 2024 at 13:12hrs | 2903 | by Staff reporter
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11696 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2645 | 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 | 194 | by Staff reporter
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 | 94 | 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
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 | 445 | 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 | 1623 | by Mandla Ndlovu
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 | 243 | 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 | 603 | by Ambassador Pamela M. Tremont
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 | 9824 | 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 | 9615 | by Staff reporter
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2525 | by Staff reporter
Zanu-PF MP lives luxury lifestyle, fails to pay debts
Despite his ongoing development of a US$5 million rural shopping complex at Skuta Business Centre along the Bulawayo-Masvingo highway in Filabusi, Zanu PF Insiza North MP Farai Taruvinga is facing leg...Published: 15 Oct 2024 at 09:18hrs | 2999 | by Staff reporter
Zimbabwe has US billion dollars overseas, can wipe out debt within 24 hrs
The recent Bulawayo24 article tells us that Zimbabwe is cash-strapped: it has a staggering debt of US$ 31billion; both domestic and international. This statement is partly true. In paper, Zimbabwe is ...Published: 13 Oct 2024 at 19:56hrs | 25203 | by Nomazulu Thata
Cars impounded by BCC up for auction in 30 days
Motorists in Bulawayo are grappling with exorbitant storage fees imposed by the city council for impounded vehicles, leading some to confront charges that exceed the value of their cars. Reports indic...Published: 13 Oct 2024 at 12:30hrs | 1835 | 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 | 3288 | by Staff reporter
Generation Z-led initiatives transform Highlanders
In today's rapidly changing world, the importance of youth leadership and the renewal of ideas cannot be overstated, particularly in the realm of sports organisations like Highlanders Football Club....Published: 11 Oct 2024 at 15:54hrs | 140 | by Tinashe Rufu
Zimbabwe hires Rothschild advisers over $21 Billion defaulted debt pile
Zimbabwe's government has hired financial and legal advisers to help it navigate potential talks with international creditors over the $21 billion it owes, according to people familiar with the matter...Published: 10 Oct 2024 at 12:22hrs | 538 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 655 | by Staff reporter
Zanu-PF MP accused of extorting funds from land-seeking citizens
BUHERA North legislator Philip Guyo (Zanu PF) is facing accusations of looting and extorting funds from desperate land-seekers in Chitungwiza to finance his 2023 electoral campaign, according to membe...Published: 08 Oct 2024 at 15:08hrs | 443 | by Gideon Madzikatidze/Simbarashe Sithole
Ingwebu Breweries faces backlash for unpaid transporters as it invests in own trucks
Truck owners contracted by Ingwebu Breweries, a Bulawayo City Council-owned company, have complained of unpaid services. Some truckers claim they are owed thousands of United States dollars.Th...Published: 08 Oct 2024 at 14:02hrs | 1100 | by Stephen Jakes
Mutumwa Mawere sentenced to 6 months in SA prison
Zimbabwean-born South African businessman Mutumwa Mawere has been sentenced to six months in prison for contempt of court, following a protracted legal battle involving Southern Asbestos Sales (Pty) L...Published: 05 Oct 2024 at 16:16hrs | 2813 | by Staff reporter
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 | 3249 | by Staff reporter
Witch hunting is a criminal offence
In Zimbabwe, it is a criminal offense to accuse someone of witchcraft, a law designed to prevent social unrest and violence stemming from such accusations. Individuals found guilty of making these cla...Published: 20 Sep 2024 at 08:19hrs | 770 | by Staff reporter
World Bank says Zimbabwe needs economic stability to advance debt talks
Zimbabwe needs an uninterrupted period of macroeconomic stability of at least 12 months to help advance debt talks with international creditors over $21 billion it owes, the World Bank said.Ha...Published: 17 Sep 2024 at 06:52hrs | 408 | by Staff reporter
Bulawayo schools to apply for loans
Bulawayo City Council has given the green light to a new policy allowing its schools to seek loans for developmental projects, provided they cover 60% of the project costs themselves. This decision ai...Published: 16 Sep 2024 at 08:14hrs | 246 | by Staff reporter
Gweru unleashes debt collectors on defaulters
The Gweru City Council has announced that it will employ debt collectors to pursue ratepayers who have defaulted on their payments for more than two months. In a statement released on September 10, th...Published: 12 Sep 2024 at 07:15hrs | 119 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 115 | by Staff reporter
South Africa GDP growth is an 'illusion' benefiting the few
The Economic Freedom Fighters (EFF) have dismissed the recent GDP growth figures released by Statistics South Africa (Stats SA) as "misleading", accusing the government and financial institutions of c...Published: 05 Sep 2024 at 09:17hrs | 185 | by Staff reporter
RBZ makes U-turn
The Reserve Bank of Zimbabwe (RBZ) has announced that holders of non-negotiable certificates of deposit (NNCDs) will now receive tradable government bonds. This decision comes in response to pressure ...Published: 03 Sep 2024 at 15:45hrs | 27540 | by Staff reporter
Zimbabwe govt terminates CSC deal
The Zimbabwean government has terminated a US$130 million joint venture (JV) agreement with British investor Boustead Beef, which was intended to revive the Cold Storage Company (CSC). This decision c...Published: 16 Aug 2024 at 13:27hrs | 1934 | by Staff reporter
Tomana loses Supreme Court US$114,000 debt appeal
The late Zimbabwean ambassador Johannes Tomana lost his Supreme Court appeal against Tian Ze Tobacco Company over a debt of US$114,749.80 for farming inputs. Tomana had contested a High Court judgment...Published: 16 Aug 2024 at 08:42hrs | 689 | by Staff reporter
Zimra mulls severe penalty on tax debts
The Zimbabwe Revenue Authority (Zimra) is considering imposing severe tax penalties to compel public and private entities to settle substantial outstanding tax debts. These debts primarily stem from c...Published: 14 Aug 2024 at 08:31hrs | 175 | by Staff reporter
Awareness of responsible gambling in Zimbabwe's community
A gambling boom hit the African market in recent years, and Zimbabw...Published: 12 Aug 2024 at 20:00hrs | 236 | 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 | 8 | 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 | 4 | by Staff reporter
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