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Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 736 | by Staff reporter
Geo Pomona model to be forced on Bulawayo
The Government has announced that Bulawayo is set to become the next city to implement the Geo Pomona Waste Management model, as part of a nationwide strategy to modernise waste management and bolster...Published: 29 Jun 2025 at 11:09hrs | 255 | by Staff reporter
Prosecutors steal from sangoma
Two prosecutors based at Rusape Magistrates' Court, Takunda Chinakidzo Muzenda (30) and Marlon Makamba (32), were arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on Wednesday on allegations...Published: 27 Jun 2025 at 09:31hrs | 396 | by Staff reporter
Chivayo exposed as the beneficiary of cancer machine contract
Embattled businessman and ZANU PF-linked tenderpreneur Wicknell Chivayo has been exposed as the beneficiary of a staggering US$437 million government contract for the supply of cancer treatment equipm...Published: 24 Jun 2025 at 13:15hrs | 1232 | by Staff reporter
19 arrested over Chinhoyi farm invasion
Chinhoyi magistrate Nyasha Marufu on Friday granted bail to nineteen individuals charged with unlawfully occupying gazetted land at Dandrennam Farm in Lions' Den. Each accused was released on bail of ...Published: 23 Jun 2025 at 10:57hrs | 208 | by Staff reporter
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
IMF withholds Zimbabwe reform programme
The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...Published: 20 Jun 2025 at 07:39hrs | 2198 | by Staff reporter
Promising gold discovery near Bulawayo
London-listed Kavango Resources Plc has announced the discovery of a series of significant gold intercepts at its flagship Hillside Gold Project near Bulawayo, further boosting Zimbabwe's profile as a...Published: 20 Jun 2025 at 06:08hrs | 483 | by Christopher Mutambirwa
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 231 | by Staff reporter
Zimbabwean communities raise alarm over lithium mining impacts
As global demand for lithium surges to power electric vehicles and household solar batteries, the scramble for Zimbabwe's rich lithium deposits is exposing deep-rooted tensions between economic intere...Published: 19 Jun 2025 at 07:09hrs | 270 | by Staff reporter
Chivayo's arrogance is an insult to millions of suffering Zimbabweans
There's a saying: "A soft answer turneth away wrath" - but what happens when arrogance and contempt are the response to a nation's cry for accountability?There is something profoundly disturbi...Published: 18 Jun 2025 at 19:25hrs | 676 | by Tendai Ruben Mbofana
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 605 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 159 | by Staff reporter
Zimbabwe liquidates four failed banks
Four banks that collapsed between 2004 and 2008 have been officially liquidated, marking a significant milestone in Zimbabwe's financial sector. Hopewell Zinyau, Chief Executive Officer of the Deposit...Published: 16 Jun 2025 at 15:08hrs | 16605 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 136 | by Staff reporter
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 106 | by Staff reporter
US$5K fine for litter bugs
The City of Mutare is set to impose a hefty US$5,000 fine on anyone caught littering in undesignated areas, according to new by-laws currently being drafted by the local authority, The Manica Post has...Published: 13 Jun 2025 at 06:27hrs | 1080 | by Staff reporter
ZBFH to surrender building society licence by year-end
Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...Published: 11 Jun 2025 at 08:40hrs | 127 | by Staff reporter
Nedbank Zimbabwe wins US$2m Supreme Court case
The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...Published: 10 Jun 2025 at 17:20hrs | 961 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 443 | by Staff reporter
Mnangagwa, Chiwenga clash over war veterans as succession battle intensifies
The war veterans' constituency has emerged as a crucial battleground in the escalating political succession struggle between President Emmerson Mnangagwa and Vice-President Constantino Chiwenga, as th...Published: 09 Jun 2025 at 16:34hrs | 2592 | by Staff reporter
Gated communities redefine Bulawayo's residential landscape
Once considered exclusive enclaves for the elite, gated communities are rapidly transforming the urban fabric of Bulawayo, introducing new standards of security, lifestyle, and legal property ownershi...Published: 09 Jun 2025 at 08:42hrs | 5097 | by Staff reporter
Mnangagwa scheme hit by scandal
A dispute involving one of President Emmerson Mnangagwa's advisors has escalated to the High Court after a Harare resident discovered his residential stand had been turned into a site for a presidenti...Published: 08 Jun 2025 at 12:10hrs | 2501 | by Staff reporter
Zimbabweans lose money to bogus Bitcoin trading company - InnBucks, Ecocash abused in the racket to lure unsuspecting clients
Scores of Zimbabweans have fallen victim to a bogus trading platform syndicate that advertises on Facebook as InnBucks Investment to lure people into depositing their money through Ecocash into an ind...Published: 08 Jun 2025 at 11:00hrs | 1151 | by Stephen Jakes
Chrome mining boon for Shurugwi families
In a major step toward community empowerment and inclusive resource management, Shurugwi North legislator Joseph Mpasi has launched an ambitious mining initiative aimed at directly benefiting local fa...Published: 07 Jun 2025 at 10:31hrs | 116 | by Staff reporter
Gold panner digs under railway line, faces 10 years behind bars
A daring artisanal miner is facing a possible 10-year prison sentence after being caught illegally digging for gold directly beneath an active railway line in Mvuma - a reckless act that endangered bo...Published: 06 Jun 2025 at 12:10hrs | 94 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 181 | by Staff reporter
Zimbabwe begins paying long-delayed Civil Registry allowances
The government has finally started disbursing long-overdue allowances to civil servants who participated in the Civil Registry Department's voter registration mop-up exercise ahead of the 2023 general...Published: 06 Jun 2025 at 09:40hrs | 147 | by Staff reporter
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 1330 | by Trymore Sibanda
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 846 | by Staff reporter
Taxi driver steals US$680 hidden in female passenger's underwear
A taxi driver in Kwekwe has been sentenced to three years in prison after he allegedly robbed a female passenger of US$680 that she had hidden in her underwear, following a dramatic diversion and conf...Published: 03 Jun 2025 at 11:56hrs | 1440 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 163 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 63 | by Staff reporter
Harare City Council is dead, needs complete overhaul
Former chairperson of Harare City Council's audit committee, Councillor Blessing Duma, has delivered a scathing indictment of the local authority, declaring that "the council is dead" and requires not...Published: 31 May 2025 at 14:03hrs | 547 | by Staff reporter
Zimbabwe records surge in traveller movements
Zimbabwe is strengthening its reputation as a leading destination for migration and investment in the region, with a notable increase in traveller movements recorded in the first quarter of 2025....Published: 31 May 2025 at 13:50hrs | 138 | by Staff reporter
Bonuses, Payments, and Gaming Variety at 1win for Thai Players
Thai players exploring online gaming platforms often prioritize generous bonuses, convenient payment methods, and a diverse selection of games. The platform known as ...Published: 30 May 2025 at 22:22hrs | 121 | by Staff Reporter
Exclusive Casino Experience - Sign up for ValorBet
How to play games from the comfort of your own home? Register at an online casino by choosing a licensed and modern platform. Many players choose Valorbet-1.com, pa...Published: 30 May 2025 at 22:15hrs | 65 | by Staff Reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 90 | by Staff reporter
Man loses US$65,000 in stand scam
Simbarashe Mwanandimai, a 43-year-old director of EDI Resources from Borrowdale, appeared before Harare Magistrates' Court facing allegations of defrauding a home-seeker of US$65,500 by selling a resi...Published: 30 May 2025 at 09:01hrs | 547 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 719 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 109 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Court interpreter arrested over US$200 'bribe'
A court interpreter stationed at Mbare Magistrates Court appeared before a regional magistrate this week after he was allegedly caught soliciting a bribe to influence the outcome of a criminal case....Published: 22 May 2025 at 11:15hrs | 470 | by Staff reporter
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 540 | by Agencies
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1463 | by Staff reporter
Promoter 'silences' 'Silent Killer'?
Zimbabwean dancehall artist Jimmy Mudereri, widely known by his stage name 'Silent Killer,' is facing a demand for US$122,170 from Y2K Entertainment, the organisers of the UK SAMA Festival, after fail...Published: 18 May 2025 at 11:59hrs | 414 | by Staff reporter
High Court grants bail to 89 March 31 'protesters'
The High Court has granted bail to 89 individuals who were arrested on March 31 during anti-government protests, ending a month-and-a-half-long incarceration after they were initially denied bail by a...Published: 15 May 2025 at 14:11hrs | 157 | by Staff reporter
Kereke wins legal battle
Former Zanu PF legislator Munyaradzi Kereke has won a legal battle against the Harare Municipal Medical Aid Society (HMMAS), which had sought a refund of US$138,000 over a failed bid to purchase Fortr...Published: 14 May 2025 at 08:48hrs | 996 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 510 | by Staff reporter
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