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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: 8 hrs ago | 305 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 10 hrs ago | 53 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 10 hrs ago | 34 | by Staff reporter
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 93 | by Staff reporter
If civil servants must declare assets, then let's start with the president and his ministers
As the old saying goes, what's good for the goose must be good for the gander - yet in Zimbabwe, accountability seems reserved only for the powerless.The government's recent announcement of a ...Published: 20 Jun 2025 at 22:36hrs | 547 | by Tendai Ruben Mbofana
When a Child President wears the 'Mnangagwa scarf', we must all be concerned
Train up a child in the way you want them to grow, they say - but when this guidance is rooted in manipulation and politics, it risks ruining their lives before they've even begun.There was so...Published: 20 Jun 2025 at 22:33hrs | 532 | by Tendai Ruben Mbofana
Mthwakazi rejects the genocide interviews: No justice under the perpetrator's gavel
The government of Zimbabwe has announced its so-called Gukurahundi Public Hearings, set to begin soon under the stewardship of none other than Chief Fortune Charumbira, a well-known ZANU-PF loyalist a...Published: 20 Jun 2025 at 22:30hrs | 244 | by Fikile ka Malikongwa
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 134 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 142 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 442 | by Staff reporter
Tagwirei emerging from the shadows to succeed Mnangagwa?
On Wednesday evening, wearing full military gear and speaking from an unknown location, Zimbabwean war veteran Blessed Geza announced via live video that ‘they' were planning to impeach President Em...Published: 19 Jun 2025 at 20:57hrs | 2723 | by Christopher Mutambirwa
Chivayo dismisses cancer equipment contract claims as fake
Businessman Wicknell Chivayo has denied involvement in a reported US$400 million cancer treatment equipment supply deal with the government, dismissing recently leaked documents as "fake" and politica...Published: 19 Jun 2025 at 13:27hrs | 460 | by Staff reporter
US resumes student visas but orders enhanced social media vetting
The US State Department says it will resume scheduling appointments for international student visas, but will ask all applicants to make their social media accounts public for enhanced screening....Published: 19 Jun 2025 at 11:34hrs | 348 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1096 | by Staff reporter
The Real Reason Small Brands Are Winning on Social Media in 2025
I work with brands for a living - large, small, and those still being managed from the back room of someone's apartment. And here's the wild part: in 2025, it's not the big players scoring the wins on...Published: 19 Jun 2025 at 10:06hrs | 131 | by Staff Reporter
Mawarire accuses Mnangagwa of 'monetising problems'
President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former Nation...Published: 18 Jun 2025 at 19:30hrs | 1044 | 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 | 663 | 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 | 604 | by Staff reporter
Chamisa berates Chivayo's cancer machines tender
Former opposition leader Nelson Chamisa has sharply criticised the government's decision to award a lucrative tender for cancer treatment machines to Wicknell Chivayo, a known ZANU PF member and busin...Published: 18 Jun 2025 at 18:34hrs | 1339 | by Staff reporter
'Zimbabwe gold-backed currency stable' but ...
Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the pa...Published: 18 Jun 2025 at 18:30hrs | 288 | 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 | 158 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1232 | by Staff reporter
Chivayo bags US$400 million cancer equipment deal with Mnangagwa's Office
Flamboyant businessman Wicknell Chivayo has landed a massive cancer treatment equipment supply contract worth over US$400 million with Zimbabwe's Office of the President and Cabinet, further extending...Published: 17 Jun 2025 at 17:20hrs | 14289 | by Staff reporter
Mnangagwa claims Shared Law School history with Edgar Lungu
President Emmerson Mnangagwa has asserted a personal connection with the late former Zambian President Edgar Lungu, claiming the two were contemporaries at law school.Speaking at the Zambian E...Published: 16 Jun 2025 at 14:44hrs | 98 | 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 | 105 | by Staff reporter
Vapostori invest in US$2m concrete plant
The US$2 million investment by Taguta Stone Crushers in Mutare's construction materials sector, alongside significant agricultural and educational ventures by the Johane Marange Apostolic Church natio...Published: 16 Jun 2025 at 14:41hrs | 66 | by Staff reporter
Harare Council risks land loss over Chiyangwa compensation directive
The Harare City Council faces potential financial losses running into thousands of dollars if it complies with a government directive to compensate Pinnacle Holdings with several tracts of land - a mo...Published: 16 Jun 2025 at 14:25hrs | 39 | by Staff reporter
Sangoma invades Bindura prison
In a heartwarming display of corporate social responsibility, popular Glendale-based traditional healer Peter 'Sekuru Nyangatayani' Chingudzi, donated pads, groceries, winter wear and toiletries worth...Published: 15 Jun 2025 at 12:33hrs | 2127 | by Simbarashe Sithole in Bindura
Zimbabwe to boost steel, coal exports to DRC amid growing demand
Zimbabwe should capitalise on its expanding steel and coal industries to increase exports to the Democratic Republic of Congo (DRC), where demand for these commodities is rapidly growing, Mines and Mi...Published: 13 Jun 2025 at 06:29hrs | 797 | by Staff reporter
GMB expands grain collection points
The Government has cautioned farmers against selling their maize and other grains to unscrupulous private buyers offering instant cash at prices far below the official rate, warning that such transact...Published: 13 Jun 2025 at 06:22hrs | 139 | by Staff reporter
Mukuru employees leave offices unattended
Disgruntled customers had to wait for nearly an hour on Monday when two Mukuru.com employees stationed at Waterfalls booth left offices unattended while displaying US$300 (10-dollar notes) over the co...Published: 12 Jun 2025 at 19:48hrs | 2232 | by Gideon Madzikatidze
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 180 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 213 | by Staff reporter
Zimbabwe govt mobilises for timely grain payments
The government is mobilising resources to ensure prompt payment for up to 150 000 metric tonnes of grain and oilseed deliveries following an improved 2024/25 agricultural season, Information, Publicit...Published: 12 Jun 2025 at 18:51hrs | 49 | by Staff reporter
Zimbabwe's grain deliveries surge
The Government has reported a significant increase in grain and oilseed deliveries to the Grain Marketing Board (GMB) for the 2024-2025 summer production season, signalling a positive outlook for nati...Published: 11 Jun 2025 at 13:22hrs | 214 | by Staff reporter
Chimombe, Mpofu charges dropped
The State has withdrawn fraud charges against businessman Moses Mpofu and ZANU PF central committee member Mike Chimombe in a case involving an allegedly corrupt lighting tender awarded by the Harare ...Published: 11 Jun 2025 at 12:52hrs | 2800 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1046 | by Staff reporyter
Gold rally is bringing new riches to rural Zimbabwe
In Filabusi, the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the small town's bars.The th...Published: 11 Jun 2025 at 09:43hrs | 2377 | by Ray Ndlovu
IMF wants Zimbabwe's gold-backed ZiG to become sole currency
The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...Published: 11 Jun 2025 at 09:05hrs | 1153 | 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 | 126 | 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 | 887 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 305 | 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 | 440 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1051 | by Staff reporter
Zimbabwe gold deliveries surge 26% year-on-year
Zimbabwe's gold mining sector continues to demonstrate strong performance, with gold deliveries to Fidelity Gold Refinery (FGR) rising by 27.6 percent year-on-year in May 2025. A total of 3 488 kilogr...Published: 09 Jun 2025 at 12:38hrs | 121 | by Staff reporter
Diesel prices fall slightly
Local motorists and businesses are enjoying a modest but welcome reprieve as diesel prices steadily declined over the first half of 2025.From January to June, the price of diesel dropped by ab...Published: 09 Jun 2025 at 08:40hrs | 175 | by Staff reporter
Outrage over multi-million-dollar land transfer deal to Chiyangwa
A controversial land compensation deal between the Government of Zimbabwe and businessman-cum-politician Philip Chiyangwa has sparked public outrage and renewed scrutiny over how state land is being a...Published: 08 Jun 2025 at 20:34hrs | 3030 | by Staff reporter
Turning the CIO into a party militia
It is 11am, Tuesday 3 June, 2025.A red Honda Fit notorious for political violence in Gutu District screeches to a halt and stops in the middle of the highway cowboy style.Clad in a blu...Published: 08 Jun 2025 at 13:23hrs | 370 | by Matthew Takaona
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | by Staff reporter
Zimbabwe deploys drones along Mozambique border
The Zimbabwean government has intensified efforts to clamp down on smuggling along the country's porous eastern border with Mozambique through the full-scale deployment of drone surveillance technolog...Published: 06 Jun 2025 at 09:44hrs | 837 | by Staff reporter
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