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Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 7 hrs ago | 316 | by Staff reporter
US Embassy wants Zimbabweans to take part in US-funded programme
The United States (US) Embassy has invited organisations and individuals across Zimbabwe to apply for the Academy for Women Entrepreneurs (AWE) programme, designed to foster entrepreneurship skills am...Published: 7 hrs ago | 305 | by Staff reporter
Mohadi, CCC MP in ugly funeral bust-up
A funeral in Beitbridge turned tense on Monday when two lawmakers, Senator Tambudzani Mohadi (Zanu-PF) and Sithabisiwe Mulowa (Citizens Coalition for Change, CCC), engaged in a heated exchange at the ...Published: 7 hrs ago | 903 | by Staff reporter
'Bribe seeking' magistrate's trial kicks off
The trial of Talent Phiri, a Gwanda magistrate accused of soliciting a US$3,000 bribe from an accused person, began in Bulawayo Magistrates Court on Monday. Phiri, who is facing charges of criminal ab...Published: 7 hrs ago | 191 | by Staff reporter
Iran begins technology transfer to Zimbabwe
The Islamic Republic of Iran has initiated the implementation of key areas of cooperation with Zimbabwe, focusing on technology transfer, outgoing Iranian Ambassador Abbas Navazani announced.S...Published: 8 hrs ago | 133 | by Staff reporter
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 17 hrs ago | 80 | by Agencies
Harare Poly students resort to prostitution, drug trafficking
In their tireless efforts to settle school fees arrears and sit for their forthcoming end-of-term examination, several students from Harare Polytechnic College have resorted to prostitution and drug t...Published: 17 hrs ago | 1629 | by Gideon Madzikatidze
'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 184 | by Staff reporter
Replace unsafe Honda Fits with Kombis
Stakeholders within Zimbabwe's transport sector are advocating for the government to implement a budgetary support scheme aimed at encouraging small operators to exchange their unsafe, unregistered ta...Published: 20 Nov 2024 at 06:51hrs | 317 | 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 | 6535 | by Staff reporter
Zimbabwe records surge in human rights violations, says NGO
A staggering 180,184 human rights violations were reported across Zimbabwe in October 2024, affecting nearly 2,000 victims, according to a new report from the Zimbabwe Peace Project (ZPP). The report ...Published: 19 Nov 2024 at 08:54hrs | 133 | by Staff reporter
ZANU-PF in tatters...as Chiwenga, Mnangagwa factions loot Harare
The ZANU-PF succession infighting has torn apart Harare provincial leadership into political debris, with some land barons allegedly channelling their loot towards consolidating alliances and legitima...Published: 18 Nov 2024 at 17:02hrs | 5891 | by Gideon Madzikatidze/Simbarashe Sithole
Bulawayo residents petition Mnangagwa over police corruption
Bulawayo residents have petitioned President Emmerson Mnangagwa to intervene in the alleged corruption involving police officers at two local stations, Queens Park and Khumalo, where they claim police...Published: 18 Nov 2024 at 16:03hrs | 741 | by Staff reporter
Zimbabwe finance ministry bans foreign trips
The Zimbabwean government is tightening its belt in response to a severe cash crunch as it approaches the end of 2024. Finance Secretary George Guvamatanga has announced measures aimed at curbing spen...Published: 18 Nov 2024 at 15:24hrs | 5481 | by Staff reporter
Neighbourhood watch member jailed for releasing detained suspects
A 56-year-old member of the neighbourhood watch committee in Hurungwe, Mashonaland West, has been sentenced to three months in prison after he was found guilty of releasing two detained suspects and d...Published: 16 Nov 2024 at 14:33hrs | 493 | by Staff reporter
David Coltart calls for investigation following arrest of Bulawayo councillors
Bulawayo Mayor David Coltart has called for a comprehensive investigation following the arrest of Deputy Mayor Edwin Ndlovu and Finance and Development Committee Chairperson Mpumelelo Moyo on corrupti...Published: 15 Nov 2024 at 09:41hrs | 2384 | by Staff reporter
Security firms under spotlight over robberies
Police have issued a stern warning to security companies whose guards are repeatedly implicated in criminal activities, particularly armed robberies. Authorities say such firms risk being classified a...Published: 15 Nov 2024 at 08:30hrs | 443 | by Staff reporter
Bulawayo woman loses US$5 730 trying to secure UK sponsorship
Two women, Nokuthula Sibanda and Nothando Ndlovu, have been arrested for allegedly defrauding a woman of US$5,730 by falsely promising to secure a UK sponsorship certificate for her daughter.T...Published: 14 Nov 2024 at 13:44hrs | 638 | 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
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2289 | by Staff reporter
'Bulawayo councillors ditching residents for their political parties'
Bulawayo residents have expressed growing frustration with city councillors, accusing them of prioritizing their political party agendas over the needs of the people who voted them into office during ...Published: 11 Nov 2024 at 07:09hrs | 375 | 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
Zanu-PF calls Harare structures to order
ZANU-PF has urged its Harare provincial structures to work in unity and prioritize party growth to effectively challenge the opposition in future elections. The call for cohesion comes amid reports of...Published: 11 Nov 2024 at 07:02hrs | 139 | by Staff reporter
Top Bank executive slams RBZ tight policy measures
A prominent banking executive has criticized the Reserve Bank of Zimbabwe (RBZ) for focusing too heavily on exchange rate stability at the cost of economic growth, warning that the central bank's rece...Published: 10 Nov 2024 at 11:05hrs | 1826 | by Staff reporter
Desperate Zimbabweans fleeced of US$47 000 on promise of UK jobs
The high unemployment rate in Zimbabwe has left many desperate for opportunities, and fraudsters are taking advantage of this vulnerability by offering fake job placements abroad. In the latest scam t...Published: 10 Nov 2024 at 11:03hrs | 579 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 169 | by Staff reporter
Zimbabweans blast government over WhatsApp licences
A wave of backlash has erupted across Zimbabwe following the government's announcement of new regulations requiring WhatsApp group administrators to obtain licenses and comply with stringent data prot...Published: 09 Nov 2024 at 17:12hrs | 238 | by Staff reporter
Zimbabwe eyes China's $50 billion African modernisation fund
Zimbabwe is gearing up to tap into a US$50 billion fund that China pledged to support Africa's modernisation and industrialisation efforts during the recent Forum on China-Africa Cooperation (FOCAC) S...Published: 09 Nov 2024 at 17:08hrs | 257 | by Staff reporter
Zimbabweans are educated for nothing: A nation of intellectuals with no voice
Zimbabwe is a country blessed with a wealth of intellectual capital.Its people are among the most educated in Africa, with a strong tradition of academic excellence, particularly in fields lik...Published: 08 Nov 2024 at 14:26hrs | 35426 | by Tendai Ruben Mbofana
Kombi crew implicated in bribing cops
A commuter omnibus (kombi) driver and his conductor have been arrested for allegedly offering bribes to two policemen, following a viral video that showed the officers accepting cash from motorists. T...Published: 08 Nov 2024 at 13:19hrs | 634 | by Staff reporter
SA police gun down suspected Zimbabwean armed robber
A suspected Zimbabwean armed robber has died, while two accomplices have been injured after a shootout with South African police and a security company following a robbery in Ekurhuleni, Gauteng provi...Published: 08 Nov 2024 at 07:10hrs | 692 | by Staff reporter
Zimra goes after influencers, tourism players
The Zimbabwe Revenue Authority (Zimra) has initiated a comprehensive campaign to assess the tax compliance of various tourism stakeholders, including social influencers, as part of efforts to ensure a...Published: 08 Nov 2024 at 06:59hrs | 151 | by Staff reporter
Victoria Falls to get two new upmarket hotels
Zimbabwe's premier tourist destination, Victoria Falls, is set to see the construction of two luxury hotels, valued at a combined US$114.3 million, which will significantly boost the city's hospitalit...Published: 08 Nov 2024 at 06:49hrs | 224 | by Staff reporter
Zimbabwe to ease currency reins and allow free-float of ZiG
Zimbabwe wants its gold-backed currency to float freely on the foreign exchange market, the central bank's deputy governor said, though he declined to spell out when this would happen."The ide...Published: 07 Nov 2024 at 15:03hrs | 9795 | by Staff reporter
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 237 | by Staff reporter
Zimbabwe's gold-backed ZiG extends rare advance against dollar
Zimbabwe's gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy.The ...Published: 06 Nov 2024 at 07:04hrs | 803 | by Staff reporter
Diasporans to host homecoming business summit
Zimbabwean businesspeople based abroad will converge in Harare next month for the much-anticipated Zimbabwe Diaspora Homecoming and Celebration Business Summit. The event, set for December 20, will be...Published: 06 Nov 2024 at 07:03hrs | 179 | by Staff reporter
Zimbabwe's tight monetary policy stance boosts ZiG
Zimbabwe's gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said.The ZiG, short for Zimbabwe Gold, strengt...Published: 05 Nov 2024 at 08:26hrs | 2509 | by Staff reporter
Zinara gets thumbs-up
The Zimbabwe National Roads Administration (Zinara) has received parliamentary approval after effectively addressing concerns raised in the latest report by Auditor-General Rheah Kujinga regarding its...Published: 05 Nov 2024 at 08:23hrs | 221 | by Staff reporter
ZIPRA veterans reflect on Soviet training
Former Zimbabwe People's Revolutionary Army (ZIPRA) fighters, who trained in the Soviet Union, gathered in Bulawayo on Thursday for a poignant exhibition that celebrated their contributions to the arm...Published: 04 Nov 2024 at 06:45hrs | 527 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5599 | by Staff reporter
Management shake up at RBZ
The Reserve Bank of Zimbabwe (RBZ) is initiating a significant remodelling of its management structure as newly appointed Governor John Mushayavanhu aims to assemble a capable team to address the coun...Published: 01 Nov 2024 at 06:48hrs | 2518 | by Staff reporter
Mutsvangwa's legal troubles could have broader implications
Neville Mutsvangwa, son of ZANU-PF spokesperson Christopher Mutsvangwa, has been remanded to December 4 as the State seeks to escalate his case to the High Court for trial. He faces serious criminal c...Published: 01 Nov 2024 at 06:37hrs | 2978 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 296 | by Sgtaff 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
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 843 | by Tendai Ruben Mbofana
Motorist collapses during argument with TTI 'clampers'
The Bulawayo City Council (BCC) has launched an investigation into alleged misconduct by Tendy Three Investments (TTI) traffic enforcers, who reportedly clamped the vehicle of a motorist suffering fro...Published: 30 Oct 2024 at 13:12hrs | 2079 | 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
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6749 | by Staff reporter
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