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Zimbabwe chiefs to receive bonuses raising controversy
In a move that is likely to spark debate, Zimbabwe's traditional chiefs are set to receive bonuses just two months after they were gifted twin-cab vehicles worth millions of dollars. The decision come...Published: 20 Nov 2024 at 06:58hrs | 344 | 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 | 6571 | 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 | 5483 | 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
Where are communities affected by climate change in Zimbabwe's bloated COP29 delegation?
The 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29), held in Baku, Azerbaijan, is once again the focal point of global climate discussions. ...Published: 13 Nov 2024 at 22:10hrs | 414 | by Tendai Ruben Mbofana
Zimbabwe govt posts ZiG3,4bn budget deficit
GOVERNMENT has reported a ZiG3,4 billion budget deficit for the first nine months of the year owing to inflationary pressures and growing expenditure.Finance, Economic Development and Investme...Published: 07 Nov 2024 at 07:13hrs | 268 | 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
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
Godongwana controversially allocates R321 million to Western Cape
In a surprising move, Finance Minister Enoch Godongwana has allocated an additional R321 million in basic education funding exclusively to the Western Cape, sparking concerns and calls for transparenc...Published: 31 Oct 2024 at 11:58hrs | 1650 | by Staff reporter
Mthuli Ncube's Ministry fails to provide Zimbabwe's basic economic data
Officials from Zimbabwe's Ministry of Finance faced sharp criticism on Monday during a Parliamentary Portfolio Committee on Budget and Finance meeting after arriving unprepared for the 2025 budget con...Published: 23 Oct 2024 at 15:58hrs | 256 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1264 | by Staff reporter
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2516 | by Staff reporter
It's time African leaders were barred from foreign medical care!
So, the people of Cameroon have no idea where their president is. Paul Biya, who is now the oldest head of state in the world, at 91 years old, has not been seen in public for the past three m...Published: 09 Oct 2024 at 10:51hrs | 1099 | by Tendai Ruben Mbofana
Local cattle breeder donates semen
A local stud breeder is offering free semen from his stud bulls to help improve cattle breeds in communal areas, aligning with the national effort to rebuild Zimbabwe's livestock herd. This initiative...Published: 03 Oct 2024 at 08:43hrs | 141 | by Staff reporter
Bulawayo pegs 2025 budget at US$309m
The Bulawayo City Council (BCC) has unveiled a proposed budget of US$309 million for 2025, marking a 17% increase from the US$264 million budget for 2024. The proposal, presented by the Finance and De...Published: 30 Sep 2024 at 07:44hrs | 134 | by Staff reporter
Zanu-PF, opposition and the road to 2028
Zanu-PF's internal power dynamics regarding President Emmerson Mnangagwa's tenure beyond the constitutionally mandated two terms ending in 2028 and the state of the currently fractured opposition....Published: 29 Sep 2024 at 11:32hrs | 240 | by Zimbabwe Democracy Institute
ZiG collapse linked to Mnangagwa SADC chairship?
During a recent Senate debate, Citizens Coalition for Change (CCC) Senator Cecil Zvidzai urged Zimbabweans to confront uncomfortable truths about national issues impacting citizens' well-being. His re...Published: 28 Sep 2024 at 12:14hrs | 2448 | by Staff reporter
Mnangagwa gifts off-road vehicles to traditional leaders
Harare, September 26, 2024 – President Emmerson Mnangagwa sparked controversy yesterday by distributing off-road twin-cab vehicles to traditional leaders while many families across Zimbabwe face sev...Published: 26 Sep 2024 at 09:57hrs | 223 | by Staff reporter
Mthuli Ncube slammed
The Zimbabwe Coalition on Debt and Development (ZIMCODD) has called on Finance Minister Mthuli Ncube to expand the upcoming 2025 National Budget Consultations to allow for more inclusive input from th...Published: 20 Sep 2024 at 08:05hrs | 576 | by Staff reporter
ZiG currency another scam
Introducing new currency every time and again is not the panacea to the challenges that the country is currently facing.The issue of currency needs a lot of input and everyone's heads on the d...Published: 19 Sep 2024 at 20:57hrs | 3765 | by Leonard Koni
Zulu Lithium operations set for restart
In February this year, Premier announced its intention to raise £2,4 million (about US$3,15 million) to fund the Zulu project, which is situated in Insiza district, Matabeleland South Province....Published: 16 Sep 2024 at 08:43hrs | 411 | by Staff reporter
Ghost wards attributed to Hwange poor performance
Hwange Local Board (HLB) has been facing significant challenges in service delivery, a situation exacerbated by the existence of 10 "ghost" wards. These wards, whose councillors do not fall under HLB'...Published: 16 Sep 2024 at 08:16hrs | 371 | by Staff reporter
Mnangagwa's alleged US$2 million birthday under spotlight
The planned US$2 million birthday celebration for President Emmerson Mnangagwa, organized by Zanu-PF, is drawing sharp criticism from both the public and international community. The event, set to mar...Published: 15 Sep 2024 at 11:32hrs | 1988 | by Staff reporter
Zimbabwe's ballooning US$21 billion debt spirals out of hand
Citizen Coalition for Change (CCC) Mbizo Member of Parliament (MP), Corban Madzivanyika, has raised alarm over Zimbabwe's escalating public debt, which has now surpassed US$21 billion. During a recent...Published: 15 Sep 2024 at 10:06hrs | 1807 | by Staff reporter
Mnangagwa's govt blows unbudgeted US$16m
The government incurred significant unbudgeted expenditures earlier this year by providing twin-cab vehicles to chiefs, a move that has placed their parent ministry in a financial deficit, Finance Min...Published: 13 Sep 2024 at 08:12hrs | 1917 | by Staff reporter
Zinwa defrauded US$48,000 and ZWG94 million
The Zimbabwe National Water Authority (ZINWA) reportedly lost over US$48,000 and ZWG94,000,000 due to fraudulent activities allegedly carried out by a former personal assistant (PA) to the chief execu...Published: 10 Sep 2024 at 13:39hrs | 978 | by Staff reporter
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 131 | by Staff reporter
Zondo's lavish farewell bash under spotlight
The recent farewell party for the former Chief Justice, Raymond Zondo, has come under heavy criticism following reports that the Office of the Chief Justice (OCJ) did not follow proper procurement pro...Published: 02 Sep 2024 at 12:16hrs | 1626 | by Staff reporter
Corruption at office of South Africa's chief justice?
THE Office of the Chief Justice (OCJ) has denied a request to disclose the procurement and financial details of the two-day farewell party for former Chief Justice Raymond Zondo.This followed ...Published: 01 Sep 2024 at 17:40hrs | 673 | by Staff reporter
Mnangagwa rapped over wife's 'unnecessary' airport lounge
The recently commissioned State Pavilion at Robert Mugabe Airport, funded by a US$153 million loan from China, has faced intense criticism. Despite the pavilion's lavish design, including a l...Published: 28 Aug 2024 at 10:53hrs | 1988 | by Staff reporter
CCC councilors blew US$11m on workshops in 7 months
Incarcerated Harare town clerk, Engineer Hosiah Chisango, has called for external regulation of council operations after revealing that city councillors squandered over US$11 million on weekly wo...Published: 28 Aug 2024 at 10:01hrs | 402 | by Staff reporter
Zimbabwe's monthly inflation rises by 0,4%
In August 2024, Zimbabwe experienced a monthly inflation rate of 0.4%, up from - 0.1% in July. This increase was attributed to fluctuations in the parallel market exchange rate, which affected local c...Published: 27 Aug 2024 at 08:13hrs | 243 | by Staff reporter
After ditching the dollar, Zimbabwe now rushing for it at a steeper cost
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground.The problem seems to be based on how ...Published: 26 Aug 2024 at 08:11hrs | 3922 | by Staff reporter
Former TIMB boss cleared
Charges of criminal abuse of office involving over US$2 million against former Tobacco Industry and Marketing Board (TIMB) chief executive Meanwell Gudu and two accomplices have been withdrawn before ...Published: 24 Aug 2024 at 11:41hrs | 98 | by Staff reporter
Zimbabwe political parties should account for disbursed funds
The Zimbabwe Election Support Network (ZESN) has called for increased public scrutiny and accountability for political parties receiving funding under the Political Parties Finance Act. ...Published: 19 Aug 2024 at 07:16hrs | 126 | by Staff reporter
Revenue shortfall hits Bulawayo City Council
The Bulawayo City Council has reported a troubling 58 percent debt collection efficiency for the second quarter of the year. The municipality billed approximately ZiG145.3 million but only collected Z...Published: 04 Aug 2024 at 14:06hrs | 96 | by Staff reporter
Zimbabwe misses mineral revenue target
Zimbabwe faces a challenging economic outlook for 2024, with economists warning of reduced foreign exchange reserves, diminished government revenue, and decreased economic activity due to lower global...Published: 19 Jul 2024 at 06:20hrs | 538 | by Staff reporter
Zimbabwe govt bolsters oversight of devolution funds
The Zimbabwean government has intensified its oversight of devolution fund usage by metropolitan councils and local authorities to address widespread financial mismanagement. The newly launched Zimbab...Published: 15 Jul 2024 at 16:41hrs | 170 | by Staff reporter
Zimbabwe's local grappling with poor governance issues
Local authorities in Zimbabwe are grappling with weak corporate governance issues, as highlighted in the 2023 report by Acting Auditor General Mrs. Rhea Kujinga. The report, presented to Parliament la...Published: 15 Jul 2024 at 08:08hrs | 37 | by Staff reporter
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 57 | by Staff reporter
ZEC scandal gobbles USD100 million
The Zimbabwe Electoral Commission (Zec) tender scandal, initially estimated at US$40 million, has now ballooned to involve over US$100 million in public funds. This massive sum was misappropriated thr...Published: 10 Jul 2024 at 08:20hrs | 13 | by Staff reporter
Harare councillors distanced themselves from vehicle scandal
Harare City Council (HCC) councillors have distanced themselves from the purchase of luxury vehicles for city managers, amounting to over US$500,000. The decision has sparked controversy amidst widesp...Published: 09 Jul 2024 at 05:55hrs | 3 | by Staff reporter
Zimra garnishes Gweru Council accounts
The Zimbabwe Revenue Authority (Zimra) recently garnished Gweru City Council's bank accounts to recover over ZWG3 million in unpaid taxes, affecting the council's financial transactions. Mayor Martin ...Published: 03 Jul 2024 at 10:27hrs | 3 | by Staff reporter
Mnangagwa pampers HCC commissioners
The Justice Maphios Cheda-led commission of inquiry into Harare's governance affairs has received high-end Ford Ranger Raptor vehicles, sparking criticism from residents' associations about the burden...Published: 01 Jul 2024 at 11:20hrs | | by Staff reporter
Mnangagwa's govt shields ZEC, Chivayo in US$40 million scandal
Government officials, including the Minister of State for Presidential Affairs, Lovemore Matuke, have dismissed persistent corruption allegations against the executive, despite reports linking unexpla...Published: 30 Jun 2024 at 18:36hrs | 5 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 2 | by @Jamwanda2 on Saturday
IMF says Zimbabwe's economy continues to show resilience
In light of new policy developments, an International Monetary Fund (IMF) staff team led by Mr. Wojciech Maliszewski conducted a second mission to Harare during June 18-27, 2024, to conclude the 2024 ...Published: 28 Jun 2024 at 13:01hrs | 4 | by Staff reporter
ZEC paid US$5.4 million for fancy V11 display boxes that it never used
The Zimbabwe Electoral Commission (ZEC) splurged US$5 million on gadgets to display digital V11 polling station forms for last August's elections - but the devices, bought at inflated prices, were onl...Published: 28 Jun 2024 at 09:16hrs | 1 | by Staff reporter
Bulawayo to spend US$10 000 per month to keep tower lights on
The Bulawayo City Council (BCC) is facing a monthly expense of approximately US$10,000 to purchase electricity tokens for tower lights in the city, following their transition to a prepaid system by th...Published: 23 Jun 2024 at 10:33hrs | 5 | by Staff reporter
Zimbabwean currency poised to strengthen further
The Zimbabwean currency, Zimbabwe Gold (ZiG), is expected to strengthen against major currencies in the official market due to increased demand as companies prepare to meet their quarterly corporate i...Published: 16 Jun 2024 at 09:04hrs | 22 | by Staff reporter
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