Search / Expenditure
Econet completes network upgrade
Econet Wireless Zimbabwe has successfully completed its comprehensive network infrastructure modernisation programme, positioning the telecoms giant for a new era of digital innovation and growth. The...Published: 23 hrs ago | 378 | by Staff reporter
Manager up for stealing employer's cash
A 42-year-old manager at Lingwale Enterprises in Plumtree, Sipho Ndlovu, has been arrested and dragged before the courts for allegedly embezzling over R621,000 from his employer in a sophisticated sch...Published: 03 Jun 2025 at 10:10hrs | 422 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1804 | by Staff reporter
Dembare splashed US$126,000 on Sangomas without paying players
Zimbabwean football giants Dynamos have been slapped with a FIFA-imposed transfer ban after failing to pay outstanding dues to two Ghanaian players — despite reportedly spending a staggering US$126,...Published: 31 May 2025 at 13:47hrs | 270 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 192 | by Staff reporter
Treasury posts ZiG3,46bn surplus in first 4 months
The Treasury has recorded a surplus of ZiG3.46 billion during the first four months of the 2025 fiscal year, driven by disciplined cost containment and punctual debt servicing.While this surpl...Published: 19 May 2025 at 09:27hrs | 206 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 164 | by Staff reporter
Is the Trabablas Interchange a monument to Zimbabwe's misplaced priorities and corruption?
Is Zimbabwe's so-called ‘spaghetti road' just another highway to corruption?The recent announcement by Zimbabwe's Ministry of Transport that the long-awaited Mbudzi Interchange - now curious...Published: 15 May 2025 at 08:08hrs | 381 | by Tendai Ruben Mbofana
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 115 | by Staff reporter
Residents slam municipality over luxury vehicle purchases
Residents of Gwanda have voiced strong objections to the Municipality's recent move to procure top-of-the-range vehicles for senior management, describing the decision as a stark example of misplaced ...Published: 11 May 2025 at 12:31hrs | 301 | by Staff reporter
Parliament asked to investigate Chivayo
A Kwekwe resident, Emmanuel Nkosilathi Moyo, has written to the Speaker of Parliament, Jacob Mudenda, urging the legislature to launch an investigation into allegations of money laundering and corrupt...Published: 07 May 2025 at 16:29hrs | 3774 | by Staff reporter
Residents oppose Gwanda council vehicle tender
The Gwanda Progressive Residents Association (GPRA) has raised concerns over Gwanda Municipality's decision to initiate a tender process for the purchase of six new vehicles, arguing that such spendin...Published: 07 May 2025 at 09:38hrs | 327 | by Staff reporter
Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 05 May 2025 at 15:48hrs | 333 | by Staff reporter
South Africa reverses VAT increase that threatened ANC-DA coalition
Enoch Godongwana's decision came after the second-biggest party, the Democratic Alliance (DA), threatened to quit the government, warning a VAT hike would hurt the poor the most.Godongwana, a ...Published: 25 Apr 2025 at 07:42hrs | 453 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 139 | by Staff reporter
Rampant corruption, nepotism hit Catholic school...headmistress embezzle funds
Parents are up in arms with Ekusileni Secondary School headmistress in Filabusi, with some threatening to withdraw and transfer learners from the Catholic-run mixed (boarders and day learners) institu...Published: 16 Apr 2025 at 10:36hrs | 3790 | by Gideon Madzikatidze recently in Filabusi
Zimbabwe steel production cuts import reliance
A monumental step forward for Zimbabwe's import substitution strategy has been achieved with the commencement of extensive finished steel production at the Dinson Iron and Steel Company (Disco) plant ...Published: 15 Apr 2025 at 08:43hrs | 1043 | by Staff reporter
Zimpapers faces US$13 million scandal amid Audit revelations
A shocking internal audit at Zimbabwe Newspapers (1980) Ltd (Zimpapers), the country's largest and oldest media conglomerate, has uncovered a potential US$13 million misappropriation of funds, raising...Published: 14 Apr 2025 at 12:57hrs | 1790 | by Staff reporter
Nust embarks on high impact projects
The National University of Science and Technology (Nust) has announced plans to launch three major high-impact projects as part of its strategy to achieve self-sustainability, fully utilize human reso...Published: 13 Apr 2025 at 09:39hrs | 141 | by Staff reporter
BCC sinks US$600,000 on 4 refuse compactors
Bulawayo City Council (BCC) has invested over US$600,000 in the acquisition of four new refuse compactors to strengthen its refuse collection capacity and improve service delivery throughout the city....Published: 03 Apr 2025 at 08:18hrs | 1409 | by Staff reporter
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 81 | by Staff reported
Dairibord to start toll production in SA
Dairibord Holdings is set to expand its operations in the region to drive export growth, with South Africa as the immediate destination for a planned toll manufacturing project. The initiative is expe...Published: 02 Apr 2025 at 08:48hrs | 131 | by Staff reporter
Zimbabwe's monthly inflation drops to 0% in March 2025
Zimbabwe's monthly inflation rate fell to 0% in March 2025, marking a significant milestone in the country's economic stabilization efforts. The decline was attributed to a sustained tight liquidity s...Published: 28 Mar 2025 at 05:40hrs | 461 | by Staff reporter
Coltart frustrated by Glassblock Dam delays
Bulawayo Mayor David Coltart has expressed mounting frustration over the bureaucratic hurdles that are stalling the long-awaited Glassblock Dam project, a critical initiative aimed at ensuring a stabl...Published: 23 Mar 2025 at 08:27hrs | 1114 | by Staff reporter
Zim SMEs target technological transfer from India, cut import bill
The Zimbabwe Chamber of Small to Medium-sized Enterprises (SMEs) has promised to invest in technology transfer, invest in the manufacturing sector and cut spending much on imports through their sector...Published: 18 Mar 2025 at 18:17hrs | 314 | by Gideon Madzikatidze/Simbarashe Sithole
NUM rejects Ben Magara's appointment as Exxaro CEO
The National Union of Mineworkers (NUM) has strongly opposed the appointment of Ben Magara as the new Chief Executive Officer (CEO) of Exxaro Resources, citing concerns over the legitimacy of the proc...Published: 17 Mar 2025 at 09:19hrs | 1188 | by Staff reporter
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 78 | by Dr Bekithemba Mpofu
Social unrest warning for South Africa
The uMkhonto weSizwe (MK) Party has issued a stern warning to the South African government, threatening widespread protests if the revised budget - set to be presented on Wednesday, 12 March - include...Published: 11 Mar 2025 at 17:13hrs | 1984 | by Staff reporter
Harare Mayor preaches accountability amid council salary scandal
Harare Mayor Jacob Mafume on Monday called for accountability and good governance among city officials, even as a recent commission exposed exorbitant salaries being paid to council directors. The com...Published: 11 Mar 2025 at 07:19hrs | 515 | by Staff reporter
Gweru City Council under fire for US$155,000 mayoral vehicle purchase
The cash-strapped Gweru City Council (GCC) has ignited outrage among residents and ratepayers by purchasing a US$155,000 mayoral luxury vehicle, a Land Cruiser Prado, amid pressing service delivery is...Published: 07 Mar 2025 at 06:57hrs | 179 | by Staff reporter
Zimbabwe NGOs beware - UK set to cut international aid
The cut is part of a plan to make Britain spend 2.6% of its GDP on defense starting 2027, the prime minister has saidBritain is to cut its foreign development assistance funding from 0.5% of i...Published: 25 Feb 2025 at 20:05hrs | 881 | by Staff reporter
Removing Mukuru will open Pandora's box!
Whether we are in the Diaspora or in the homeland, events unfolding in Zimbabwe will affect us all. The story of Pandora comes from the Greek poem, Theogony by Hesiod circa 700 BC. Once a...Published: 23 Feb 2025 at 18:09hrs | 2769 | by Kenneth Mufuka
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 257 | by Staff reporter
Zanu-PF returns Zimbabwe to the stone age
That Zimbabwe's health sector is broken is a public secret, but the alarming decline under Zanu-PF's 45-year rule has reached new depths of crisis.A widely circulated photo showing a patient a...Published: 16 Feb 2025 at 14:57hrs | 1014 | by Staff reporter
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 413 | by Staff reporter
US$8m Belarus proposal divides Bulawayo councillors
A proposal by the Bulawayo City Council (BCC) to procure vehicles and equipment from Belarus for US$7.5 million has ignited divisions within Zimbabwe's second-largest city. Official documents released...Published: 14 Feb 2025 at 12:57hrs | 1188 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1253 | by Staff reporter
Mnangagwa regime is deceiving war veterans into a dangerous debt trap
The "schemes" keep coming! Yesterday, the Zimbabwean government unveiled yet another scheme ostensibly aimed at improving the livelihoods of veterans of the country's liberation struggle. ...Published: 07 Feb 2025 at 20:26hrs | 713 | by Tendai Ruben Mbofana
Masvingo council to spend $16,900 on Samsung phones
Masvingo City Council is facing public scrutiny after announcing plans to spend $16,900 on 13 Samsung S24 Ultra phones for its councillors, citing the need to improve communication. The decision comes...Published: 06 Feb 2025 at 16:23hrs | 563 | by Staff reporter
Zimbabwe's inflation surges to 11.6% in January 2025
Zimbabwe's weighted month-on-month inflation rate surged by 10.5 percentage points in January 2025, reaching 11.6 percent from 1.1 percent in December 2024, according to figures released by the Zimbab...Published: 30 Jan 2025 at 06:38hrs | 119 | by Staff reporter
Madzvivire Primary School fee dispute reaches Boiling Point
A heated meeting between parents and the administration of Madzvivire Primary School, which enrols over 2300 learners, ended in stalemate today. This follows a previous meeting last week, where no con...Published: 15 Jan 2025 at 11:28hrs | 824 | by Anonymous
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
Mnangagwa adds Rolls-Royce to Presidential motorcade, sparks debate
President Emmerson Mnangagwa has reportedly added a luxurious Rolls-Royce, dubbed "New Zim 1," to his presidential motorcade, igniting a fierce public debate over the display of opulence amidst Zimbab...Published: 21 Dec 2024 at 15:34hrs | 19448 | 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 | 2165 | by Staff reporter
South Africa running out of money at an alarming rate
Efficient Group chief economist Dawie Roodt has warned that South Africa is heading for a financial crisis due to its growing debt burden.Speaking to State of the Nation's Mark Sham, Roodt sai...Published: 09 Dec 2024 at 15:15hrs | 727 | 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 | 290 | by Staff reporter
Zimbabwe lags behind South Africa in literacy rates?
Zimbabwe has secured the 4th spot in the ranking of African countries with the highest education levels in 2024, according to a report by Data Panda. The ranking is based on literacy rates and years o...Published: 05 Dec 2024 at 09:18hrs | 2700 | 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 | 463 | 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 | 12998 | by Staff reporter
CSOs voice strong opposition to the Zimbabwe tax
Civil Society Organisations (CSOs) have voiced strong opposition to the Zimbabwean government's 2025 national budget, criticizing new taxes as oppressive and harmful to citizens already struggling wit...Published: 03 Dec 2024 at 08:54hrs | 219 | by Staff reporter
Load More Stories
