Search / Exchange
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: 23 hrs ago | 434 | 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 | 4987 | 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 | 2437 | 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 | 2945 | 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 | 273 | 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 | 831 | 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 | 2058 | 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 | 3916 | 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 | 4487 | 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 | 6730 | by Staff reporter
Gukurahundi perpetrators are exposed and cited to clarify the 2017 coup!
That the General Chiwenga was cited in the genocide atrocities that took place especially in Matabeleland South is not a coincidence but well calculated. The Zanu PF conference was in Bulawayo, curiou...Published: 28 Oct 2024 at 20:22hrs | 1263 | by Nomazulu Thata
UK-based miner identifies potential gold in Matebeleland North
United Kingdom-based miner Ariana Resources Plc has announced promising developments at its Dokwe Gold project located in the Tsholotsho District, approximately 110 kilometers west of Bulawayo, Zimbab...Published: 28 Oct 2024 at 07:03hrs | 551 | by Staff reporter
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 | 4002 | by Staff reporter
RBZ pumps US$32 million into market
The Reserve Bank of Zimbabwe (RBZ) has infused approximately US$32 million into the interbank foreign exchange market over the past three weeks to stabilize the Zimbabwe Gold (ZiG) currency and addres...Published: 27 Oct 2024 at 12:19hrs | 155 | by Staff reporter
ZAA Founder on Diaspora, ZIG, Xenophobia and Julius Malema
"We are what we repeatedly do. Excellence, then, is not an act, but a habit."Aristotle's age-old dictum has been used and sometimes abused to the point of cliché.But whatever truth; b...Published: 26 Oct 2024 at 13:02hrs | 542 | by Staff Reporter
Congregant arrested for stealing church funds
In an unexpected turn of events within Bethel Church in Cowdray Park, Bulawayo, a church member has been arrested and sentenced after being found guilty of stealing from church funds. Bridget Chiedza,...Published: 26 Oct 2024 at 12:53hrs | 359 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 267 | by Staff reporter
U.S Embassy offered sanctions activists money to leave its premises
Anti-sanctions activists, camped outside the United States Embassy in Harare for over five years, have claimed they were offered luxurious incentives to leave the premises but turned them down, assert...Published: 26 Oct 2024 at 12:46hrs | 322 | by Staff reporter
China opposes coercive measures against developing countries
China on Tuesday represented 28 Global South countries and delivered a joint statement at the United Nations opposing unilateral coercive measures and urging countries imposing them to "immediately an...Published: 25 Oct 2024 at 15:52hrs | 132 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 562 | by Staff reporter
Putin calls for the creation of a BRICS grain exchange
Russia's President Vladimir Putin is calling for the creation of a BRICS grain exchange.The Russian leader said this during the second day of the 16th BRICS Summit in Kazan, Russia.The...Published: 25 Oct 2024 at 08:53hrs | 269 | by Staff reporter
Incriminating evidence against suspected SA hitmen
The trial of five South African-based individuals accused of kidnapping and assaulting Zimbabwean businessman Oliver Tendai Chipindu continued in Harare, with a digital forensic expert testifying. ...Published: 25 Oct 2024 at 08:41hrs | 171 | by Staff reporgter
SAA struggling to get over US$50 million out of Zimbabwe
South African Airways (SAA) said it was still struggling to get over US$50 million out of Zimbabwe.Equating roughly to around R1 billion, Parliament's Standing Committee on Public Accounts (SC...Published: 24 Oct 2024 at 08:06hrs | 1227 | by Staff reporter
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2159 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 269 | by Tendai Ruben Mbofana
UK 'interference' in US election complaint filed
The UK's ruling Labour Party is interfering in the US presidential election, Republican presidential candidate Donald Trump's campaign team has alleged in a complaint filed over alleged meddling by a ...Published: 23 Oct 2024 at 14:04hrs | 204 | by Staff reporter
Zanu-PF rubbishes Ian Khama's electoral accusations
The ruling Zanu-PF party has firmly dismissed accusations from former Botswana President Ian Khama, who alleged that the party interfered in electoral processes across the region to support fellow rul...Published: 23 Oct 2024 at 11:31hrs | 686 | by Staff reporter
US investment in Zimbabwe's mining stall, Chinese investment booming
Zimbabwe's mining sector, despite being rich in natural resources, is facing challenges in attracting substantial investment from U.S. companies. Experts attribute this to policy inconsistency and cur...Published: 22 Oct 2024 at 17:16hrs | 1782 | by Staff reporter
South Africa is ruled by individuals who happen to wear robes
Apartheid was "legal". Jim Crow laws in the US were "legal". Colonialism was "legal". Even the Nazis were "legal". So, what does it mean to have the rule of law? And whose law is it anyway?In ...Published: 22 Oct 2024 at 10:38hrs | 639 | by Lindiwe Sisulu
SA businessman under scrutiny for US$850m Zimbabwe oil pipeline project
In an emerging narrative that intertwines immense financial stakes and allegations of corruption, South African businessman Errol Gregor is spotlighted for his involvement in a US$850 million oil pipe...Published: 22 Oct 2024 at 08:06hrs | 681 | by Staff reporter
Bosso falls to Manica
Manica Diamonds 1 - 0 HighlandersManica Diamonds FC claimed a hard-fought 1-0 victory against Highlanders FC in an electrifying match at Sakubva Stadium yesterday. The clash, filled with tension a...Published: 21 Oct 2024 at 07:47hrs | 185 | by Staff reporter
Sengezo Tshabangu up and running, in good health
Sengezo Tshabangu, the secretary-general of the opposition Citizens Coalition for Change (CCC), is up and running after being reported to have been moved to the intensive care unit (ICU) of a hospital...Published: 20 Oct 2024 at 14:21hrs | 4320 | 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
BCC considers introduction of Tradable Municipal Bonds
The City of Bulawayo is exploring new ways to finance its critical infrastructure projects through a joint proposal from Financial Services Exchange (Private) Limited and Nedbank. The proposal aims to...Published: 20 Oct 2024 at 12:16hrs | 114 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1426 | 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 | 154 | by Michael Badze
Tsvangirai had a team of CIO officers for protection
On March 6, 2009, serious tensions erupted between the Central Intelligence Organisation (CIO) and medical staff at Avenues Clinic in Harare following a tragic road accident involving then-Prime Minis...Published: 18 Oct 2024 at 10:35hrs | 2839 | by Staff reporter
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 | 1695 | 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 | 2615 | 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 | 255 | by Staff reporter
Did Mtukudzi speak his troubled life in song?
"TATSAUKA pano nekuti paita Tuku, (We passed by because you are playing Tuku music)" my late brother Johannes and his friend Evaristo Chiwara once told merrymakers in Rimuka, Kadoma, in the late 1990s...Published: 17 Oct 2024 at 09:03hrs | 3587 | by Moses Chibaya
'Party activists contributed 40% to human rights violations'
A recent report from the Zimbabwe Human Rights Association (ZimRights) has revealed that 40% of the human rights violations reported by community members between July and September 2024 can be attribu...Published: 17 Oct 2024 at 09:02hrs | 154 | by Staff reporter
Potraz raises red flag over impact of power cuts on telcos
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has expressed serious concerns regarding the ongoing power outages that threaten to disrupt the country's telecommunications...Published: 17 Oct 2024 at 08:58hrs | 84 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 158 | 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 | 133 | 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 | 722 | 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 | 526 | 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 | 5643 | by Staff reporter
ZiG struggles persist
The woes surrounding the Zimbabwe Gold (ZWG) currency show no signs of abating, as retailers continue to implement a three-tier pricing system for products, complicating consumer transactions and unde...Published: 15 Oct 2024 at 08:39hrs | 2764 | by Staff reporter
Load More Stories
