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Batoka Gorge Hydroelectric Project fraught with significant hurdles
The long-awaited Batoka Gorge Hydroelectric Project, heralded as a potential solution to Zimbabwe and Zambia's ongoing power shortages, may face insurmountable challenges that could delay or derail it...Published: 20 Nov 2024 at 07:06hrs | 430 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 6840 | by Staff reporter
Zimbabwe cuts some spending items as ZiG drop hits budget
Zimbabwe's currency devaluation is forcing the government to cut spending on certain budget items.The country's Treasury asked government departments to prioritize their spending commitments f...Published: 18 Nov 2024 at 15:08hrs | 150 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 164 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 574 | by Tendai Ruben Mbofana
Top official goes AWOL from Town House
Harare City Council (HCC) top official Mathew Marara has reportedly gone absent without official leave (AWOL), with plans in motion to remove him from the municipality's payroll. Marara, who was accus...Published: 12 Nov 2024 at 11:01hrs | 799 | by Staff reporter
Gold glitters as Caledonia's profit after tax jumps 872%
Caledonia Mining Corporation Plc, listed on the Victoria Falls Stock Exchange, has reported a remarkable 872% rise in profit after tax to US$16.45 million for the nine months ending September 30, 2024...Published: 12 Nov 2024 at 10:57hrs | 133 | by Staff reporter
Woman threatens to kill complainant in her case
Elizabeth Parirenyatwa Mucheche, a Harare woman, appeared before the Harare Magistrates Court on charges of perjury and issuing death threats against businessman Brian Murphy. The case has attracted s...Published: 07 Nov 2024 at 06:55hrs | 194 | by Staff reporter
Parly moves on teachers' welfare
In a move aimed at revitalizing Zimbabwe's education system, Parliament has emphasized the urgent need to improve teachers' welfare. This call was made during a workshop hosted by the Zimbabwe Teacher...Published: 05 Nov 2024 at 08:24hrs | 246 | by Staff reporter
Ramaphosa's fitness to lead ANC renewal questioned
In a recent interview with Sunday World Engage, Solly Mapaila, the general secretary of the South African Communist Party (SACP), reiterated his long-standing concerns about President Cyril Ramaphosaâ...Published: 04 Nov 2024 at 08:46hrs | 1249 | by Staff reporter
Nurses graduate in Hwange
The Hwange Medical Company's School of Nursing proudly celebrated the graduation of 31 trainees who received diplomas in general nursing on Friday, achieving an impressive overall performance rate of ...Published: 03 Nov 2024 at 10:11hrs | 260 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 1415 | by Staff reporter
Chinese Steel Plant: Zimbabwe's economic boon
Zimbabwe is aiming to be home to Africa's largest steel plant, but disputes over the project continue even as it ramps up production.Over the past few months, villagers have been accusing the ...Published: 31 Oct 2024 at 06:53hrs | 7939 | by Staff reporter
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 89 | by Staff reporter
'Sovereignty ego maintaining Zimbabwe's ailing ZiG'
Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu...Published: 30 Oct 2024 at 10:36hrs | 891 | by Staff reporter
Retired Chief Air Marshal Elson Moyo injured in road accident
On October 29, 2024, at approximately 3:00 PM, Retired Chief Air Marshal Elson Moyo, the former Commander of the Air Force of Zimbabwe, was involved in a single-vehicle accident along the Chegutu-Pick...Published: 30 Oct 2024 at 09:32hrs | 1675 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3978 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4502 | by Staff reporter
What did the ZANU-PF conference achieve besides trying to do something unconstitutional?
The recent ZANU-PF National People's Conference in Bulawayo was expected to chart a course for Zimbabwe's pressing challenges. Yet, rather than addressing the nation's economic woes, poverty l...Published: 28 Oct 2024 at 13:12hrs | 1002 | by Tendai Ruben Mbofana
IMF cautions Zimbabwe
ZIMBABWE won't solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the International Monetary Fund said."There's a tendency t...Published: 27 Oct 2024 at 12:30hrs | 4013 | by Staff reporter
Innovate Change: Best Online Casinos in New Zealand | Where to Play and Win Real Money
Multiple online casinos offer players the chance to win big while enjoying their favorite games from the comfort of home. However, not all online casinos are created equal. To help Kiwi players fin...Published: 24 Oct 2024 at 14:59hrs | 184 | by Staff Reporter
SA assures Zimbabwe exemption permit holders amid new visa system
The South African government has sought to reassure holders of Zimbabwe Exemption Permits (ZEP) regarding the newly implemented points-based system for critical skills and general work visas, addressi...Published: 23 Oct 2024 at 07:56hrs | 1390 | by Staff reporter
Zanu-PF grovels to Canada for backing in bid for Commonwealth readmission
The ruling Zanu-PF party has reached out to Canada for assistance in its efforts to end its pariah status and rejoin the Commonwealth, a move that dates back to Zimbabwe's withdrawal from the group in...Published: 22 Oct 2024 at 08:07hrs | 392 | 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
Bulawayo uninspired by Zanu-PF 'love-fest'
ZANU-PF leaders, functionaries, and activists are set to begin arriving in Bulawayo today for the party's 21st National People's Conference, which kicks off tomorrow at the ZITF grounds and runs until...Published: 22 Oct 2024 at 08:02hrs | 438 | by Staff reporter
Nkomo blasts Zanu-PF over policy confusion
Zapu leader Sibangilizwe Nkomo has blasted Zanu PF government over policy which he blamed for economic quagmire in the country.In...Published: 22 Oct 2024 at 07:21hrs | 567 | by Stephen Jakes
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1715 | by Staff reporter
Deeds Office sucked into Harare land scam
The Harare City Council (HCC) land scam involving plots in Greendale has escalated, drawing in the Deeds Office amid serious allegations of the creation of fake deeds by individuals allegedly linked t...Published: 21 Oct 2024 at 07:51hrs | 711 | by Staff reporter
RBZ blames speculative behaviour for ZiG's woes
The Reserve Bank of Zimbabwe (RBZ) has attributed the recent collapse of the newly introduced Zimbabwe Gold (ZiG) currency to rampant rent-seeking behavior and speculative activities within the parall...Published: 20 Oct 2024 at 14:12hrs | 236 | by Staff reporter
Former ZANU-PF MP under fire for supporting alleged child abuser
Former ZANU PF Chivi South Member of Parliament Killer Zivhu has faced backlash on social media after pledging support for Shaw Mushati, a woman arrested for allegedly abusing her baby.Zivhu a...Published: 18 Oct 2024 at 20:22hrs | 554 | by Simbarashe Sithole
Chivayo-linked company wins contract to print ballot papers in Namibia
The Electoral Commission of Namibia (ECN) has awarded a US$60 million contract for the supply of all election materials, including ballot papers, to South African company Ren-Form CC, despite the firm...Published: 18 Oct 2024 at 15:52hrs | 645 | by Staff reporter
Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 155 | by Michael Badze
George Guvamatanga rules out Zimbabwe exchange-rate convergence
Zimbabwe won't allow the street rate of the ZiG to determine where its official rate should be as it isn't driven by market fundamentals, a senior Treasury official said.The ZiG is trading at ...Published: 18 Oct 2024 at 08:53hrs | 1701 | by Staff reporter
Zimbabwe govt keeps civil servants' salaries at 12% of GDP
The Zimbabwean government has announced that it will maintain civil servants' salaries at 12% of the gross domestic product (GDP), using GDP growth as the benchmark for future salary improvements. Thi...Published: 18 Oct 2024 at 08:52hrs | 2649 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 256 | by Staff reporter
Zimbabweans mistrust SAZ report on contaminated grain
Consumers have expressed significant skepticism over a report by the Standard Association of Zimbabwe (SAZ) that cleared certain grain products of containing glyphosate, a controversial herbicide, cla...Published: 17 Oct 2024 at 09:01hrs | 132 | by Staff reporter
Zimbabwe reviews national diaspora policy
The Government of Zimbabwe has launched a comprehensive review of its National Diaspora Policy, aimed at fostering stakeholder engagement and ensuring inclusive participation in national initiatives. ...Published: 17 Oct 2024 at 08:56hrs | 134 | by Staff reporter
Zimbabwean Mine Workers Demand Cost of Living Adjustments Amid Economic Crisis
Harare, Zimbabwe - The National Employment Council for the mining industry has received a petition calling for immediate cost of living adjustments to mine workers' salaries. The plea comes in respons...Published: 16 Oct 2024 at 17:03hrs | 778 | by Stephen Jakes
Backdated pay rise for civil servants
The Government has delivered on its commitment to review upwards the salaries of civil servants, with employees starting to receive their backdated pay yesterday. This move is part of the Government's...Published: 16 Oct 2024 at 11:47hrs | 528 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5661 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Gold reserves backing ZiG rise
The Reserve Bank of Zimbabwe (RBZ) has reassured the public of continued exchange rate stability, with gold reserves backing the Zimbabwe Gold (ZiG) currency now valued at over US$450 million, up from...Published: 10 Oct 2024 at 18:50hrs | 6231 | by Staff reporter
Zimbabwe says basic goods in limited supply after ZiG devaluation
Zimbabwe said the steep devaluation of its gold-backed currency last month has triggered shortages of bread, sugar and other staples in its formally regulated stores, suggesting the country's latest e...Published: 09 Oct 2024 at 16:38hrs | 3281 | by Staff reporter
Chinhoyi's Varsity Heights bowls over Mnangagwa
President Emmerson Mnangagwa has reaffirmed the government's dedication to creating an inclusive learning environment that meets the diverse needs of students across Zimbabwe. His remarks came during ...Published: 07 Oct 2024 at 10:14hrs | 2731 | by Staff reporter
USD salary rise, bonus for Zimbabwe civil servants
The Treasury has earmarked substantial funds to increase the remuneration of government employees, with a particular focus on raising the US dollar salary component. This move aims to cushion workers ...Published: 06 Oct 2024 at 10:01hrs | 1629 | by Staff reporter
Mnangagwa govt warns errant businesses
Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, has issued a stern warning to unscrupulous business operators seeking to exploit the exchange rate for persona...Published: 05 Oct 2024 at 17:25hrs | 3436 | by Staff reporter
MK Party reinstates challenge to the rigged outcome of SA's 29 May elections
The uMkhonto weSizwe (MK) Party has reinstated its electoral court challenge to the outcome of the 29 May national and provincial elections and has asked it to order a rerun of the poll.The pa...Published: 05 Oct 2024 at 12:31hrs | 173 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 164 | by Staff reporter
Mnangagwa's SONA lacks solutions
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has faced sharp criticism for failing to address Zimbabwe's pressing crises, leaving many feeling uninspired and disillusioned....Published: 04 Oct 2024 at 08:48hrs | 300 | by Staff reporter
CCC MPs demand Mnangagwa action as ZiG devalues
Opposition Members of Parliament (MPs) have expressed frustration over the continued devaluation of Zimbabwe's local currency, the Zimbabwe Gold (ZWG), urging the government to address the nation's lo...Published: 03 Oct 2024 at 16:25hrs | 954 | by Staff reporter
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