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Tagwirei accused of sponsoring divisions in Zanu-PF
ZANU-PF provincial structures have launched a fierce attack on businessman Kudakwashe Tagwirei, accusing him of fueling divisions and infighting within the ruling party. The accusations were made duri...Published: 17 hrs ago | 215 | by Staff reporter
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 382 | by Staff reporter
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 1931 | by Tendai Ruben Mbofana
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 | 826 | by Staff Reporter
Mthuli Ncube cracks down on smugglers
The Government of Zimbabwe has initiated a nationwide crackdown on smuggling through cross-border buses and illegal businesses trading in contraband to safeguard local industries and protect consumer ...Published: 17 Dec 2024 at 06:34hrs | 1815 | by Staff reporter
Marula Mining ceases Zimbabwe operations
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe...Published: 16 Dec 2024 at 13:55hrs | 2066 | by Staff reporter
PPC Zimbabwe to fast-track solar projects
Pretoria Portland Cement (PPC) Zimbabwe has announced plans to accelerate the construction of two solar power plants with a combined capacity of 30 megawatts (MW) in Colleen Bawn and Bulawayo. The ini...Published: 16 Dec 2024 at 10:33hrs | 174 | by Staff reporter
Gwanda magistrate bribery case to be decided in January
Harare regional magistrate Mr. Farai Gwitima will deliver his ruling on the bribery case involving Gwanda magistrate Talent Phiri on January 6, after the defence closed its case on Friday. Phiri, 35, ...Published: 15 Dec 2024 at 09:17hrs | 1354 | by Staff reporter
White DA minister's tactics only benefiting his DA constituency
The Minister of Public Works and Infrastructure Dean Macpherson has been accused of instituting oppressive style tactics at the Independent Development Trust (IDT) to only benefit his DA constituency....Published: 14 Dec 2024 at 16:05hrs | 284 | by Staff reporter
Bulawayo and Atlanta explore new strategic partnerships
Senator David Coltart, the Mayor of Bulawayo, held a pivotal meeting on Thursday with Nicholas Mulkey from the United State's Atlanta Mayor's Office of International and Immigrant Affairs. Mulkey is c...Published: 14 Dec 2024 at 13:46hrs | 300 | by Staff reporter
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2125 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2139 | by Staff reporter
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 505 | by Staff reporter
South Africa-based Zimbabwean businessman fined for bribery attempt
A South Africa-based Zimbabwean businessman, Prince Dube, has been slapped with a hefty fine after being convicted of attempting to bribe investigators probing his identity document. Dube, the directo...Published: 14 Dec 2024 at 10:45hrs | 441 | by Staff reporter
Cops, municipal police shield mshikashikas
In the heart of Harare's central business district, lawlessness and corruption are rife as pirate taxi operators, known as "mshikashika," continue to defy traffic regulations with apparent impunity, w...Published: 14 Dec 2024 at 10:41hrs | 155 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 179 | by Staff reporter
Harare loses millions in potential revenue
The City of Harare is losing millions of United States dollars in potential revenue from unpaid rates, with tuckshop owners and residents among the main defaulters. This was revealed by Acting Revenue...Published: 12 Dec 2024 at 06:56hrs | 319 | by Staff reporter
Zimbabweans drive property boom in Sandton, South Africa
A growing number of high-net-worth Zimbabweans are turning to Sandton, South Africa, as a preferred destination for property investments, business expansion, and lifestyle enhancement.One proj...Published: 12 Dec 2024 at 06:43hrs | 5728 | by Staff reporter
Trip money 'disappears' at Banket Primary School
Parents and guardians of Banket Primary School are demanding accountability from school authorities after allegations surfaced that part of the funds raised for a school trip to Victoria Falls in Octo...Published: 10 Dec 2024 at 07:06hrs | 377 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
Sengezo Tshabangu warned
The Welshman Ncube-led Citizens Coalition for Change (CCC) yesterday vehemently rejected the actions of self-proclaimed interim secretary-general Sengezo Tshabangu, warning him that his authority with...Published: 09 Dec 2024 at 07:01hrs | 3375 | by Staff reporter
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 651 | by Staff reporter
Two pose as passengers, rob driver
Two men, Bulisani Moyo (18) from Exchange Village in Inyathi and Ocean Mpofu (20), of no fixed abode, were arraigned before the Bulawayo Magistrates' Court on Friday, facing charges of robbery after a...Published: 09 Dec 2024 at 06:49hrs | 261 | by Staff reporter
Bulawayo councillors walk out of meeting chaired by deputy mayor
Bulawayo's Town Clerk, Mr. Christopher Dube, has issued a clarification regarding the election of a new Deputy Mayor, stating that city councillors do not have the authority to elect a new Deputy Mayo...Published: 08 Dec 2024 at 09:56hrs | 527 | by Staff reporter
We need Zacc in the Zifa elections
With the 2024 soccer season gone, the Zifa elections are dominating headlines everywhere with all sorts of names being thrown around as possible successors to Felton Kamambo.Since nominations ...Published: 08 Dec 2024 at 09:26hrs | 45 | by Michael Kariati
Man rapes 14 and 15 year old girls, arrested for unlawful detention
Police confirm the arrest of Innocent Kakarahwa aged 50 of New Magwegwe. Bulawayo in connection with a case of unlawful detention of two minors and having sexual intercourse with a young person. The t...Published: 07 Dec 2024 at 17:51hrs | 978 | by Staff reporter
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 644 | by Staff reporter
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1271 | by Staff reporter
London declining as financial center
The number of companies listed on the London Stock Exchange (LSE) is decreasing at the quickest pace in more than ten years, Bloomberg has reported, citing data compiled by the outlet.In 2024,...Published: 06 Dec 2024 at 14:20hrs | 278 | by Staff reporter
Headman loses betting, nearly kills subject
Headman Jimson Manyumbu of Chivi recently became involved in a violent altercation at a local shopping center, where he allegedly smashed a beer bottle into the face of Fredreck Mudhe, a fellow patron...Published: 06 Dec 2024 at 13:22hrs | 317 | by Staff reporter
Nkosazana daughter set for Zimbabwe tour
South African multi-award-winning songstress Nkosazana Daughter is set to return to Zimbabwe, where her growing affection for local fans is becoming evident. The Mfazi We Phepha hitmaker is preparing ...Published: 06 Dec 2024 at 11:32hrs | 504 | 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 | 282 | by Staff reporter
Zimbabwe inflation eases
Zimbabwe's inflation rate eased significantly in November, marking a slowdown to 11.7% from 37.2% in October, according to the Reserve Bank of Zimbabwe (RBZ). The decline was attributed to the central...Published: 05 Dec 2024 at 11:08hrs | 489 | by Staff reporter
RBZ keeps rates steady
Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has announced that the bank policy rate will remain at 35%, and statutory reserve requirements will stay unchanged, as the central bank seeks ...Published: 05 Dec 2024 at 06:55hrs | 444 | by Staff reporter
Chamisa did not want Welshman Ncube and Tendai Biti in CCC
Political commentator Brighton Mutebuka has criticized U.S.-based opposition activist Freeman Chari for his claims that Nelson Chamisa, the former leader of the Citizens Coalition for Change (CCC), un...Published: 04 Dec 2024 at 15:30hrs | 1523 | by Staff reporter
Zimbabwe's central bank claims success in stabilising rate and inflation
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulati...Published: 04 Dec 2024 at 14:23hrs | 291 | by Staff reporter
New arrest in case of newborn baby sold for US$180
A further arrest has been made in connection with the shocking case where a newborn baby was sold for US$180. Jestina Mashamba (45), a midwife at Sally Mugabe Maternity Hospital, appeared before Harar...Published: 04 Dec 2024 at 06:56hrs | 636 | 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 | 12939 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 192 | by Staff reporter
Forbes Border Post upgrade project approved
Cabinet has approved a public-private partnership (PPP) between the Ministry of Transport and Infrastructural Development and the Forbes Border Consortium, ushering in a new phase of modernisation for...Published: 01 Dec 2024 at 08:55hrs | 505 | by Staff reporter
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3483 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 96 | by Staff reporter
Zanu-PF is the big monster
AS recent as last week, Elon Musk's fortune had swelled to a stupendous and eye-watering US$348 billion, making him probably the richest man on the planet.It is just obscene that one person's ...Published: 01 Dec 2024 at 08:25hrs | 299 | by Bishop Lazarus
Trump threatens BRICS for trying to move away from the dollar
The BRICS nations will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. Trump has repeatedly threate...Published: 30 Nov 2024 at 21:26hrs | 2565 | by Staff reporter
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2859 | by Staff reporter
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 731 | by Tendai Biti
China-Zimbabwe trade hits US$3 billion
Trade between Zimbabwe and China has surpassed US$3 billion in 2024, highlighting the growing economic ties under a comprehensive strategic partnership, Chinese Ambassador to Zimbabwe Zhou Ding reveal...Published: 29 Nov 2024 at 18:43hrs | 323 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6193 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 365 | by Staff reporter
High Court acquits businessman of US$1 million fraud
The High Court has overturned the conviction of Spartan Security (Pvt) Ltd and its director, businessman Luka Ignatius Fabris, in a high-profile fraud case involving US$1 million. In a ruling delivere...Published: 29 Nov 2024 at 07:17hrs | 682 | by Staff reporter
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