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Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 11 hrs ago | 66 | by Staff reporter
CCC participated in 2023 to give Zanu PF legitimacy and perpetuate our suffering for US$1.6m bonanza. Will sellout again 2028!
"Tshabangu smiles all the way to the bank." screamed the Bulawayo 24 headline accompanied by a picture of Senator Sengezo Tshabangu smiling from ear to ear!"Citizens Coalition for Change (CCC)...Published: 23 hrs ago | 515 | by Wilbert Mukori
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 7642 | by Staff reporter
Councilors threaten executive with arrest
Angry Kwekwe councilors fumed during a full council meeting last Thursday and threatened to have Kwekwe City executive arrested for allegedly recruiting new city parking marshals without a resolution....Published: 08 Sep 2024 at 13:50hrs | 385 | by Staff reporter
Zimbabwe needs $1.6bn to lift crop output after El Nino induced drought
ZIMBABWE needs $1.64 billion to bolster crop production after a devastating drought increased food insecurity and prompted a state of disaster.The southern African nation is targeting a more t...Published: 08 Sep 2024 at 09:46hrs | 55 | by Staff reporter
'West seeks to regain control of Zimbabwe's levers of power'
Martin Zharare, executive director of Citizens Against Economic Sanctions (CAES), has likened Zimbabwe's current situation to a "Fourth Chimurenga," describing it as an economic war waged by the ...Published: 08 Sep 2024 at 09:42hrs | 198 | by Staff reporter
Fuel price decrease brings welcome relief to SA consumers
Consumers in South Africa will be able to stretch their rands a little further this month after the fuel price decreases were announced this past week.The Department of Mineral Resources and E...Published: 08 Sep 2024 at 09:39hrs | 83 | by Staff reporter
8 Harare councillors in trouble over abuse of office
The trial of eight Harare councillors accused of corruptly allocating 24 industrial stands to themselves resumed on Thursday, with the State presenting testimony from the council's acting town clerk, ...Published: 07 Sep 2024 at 15:41hrs | 472 | by Staff reporter
'80% of ministers boycott Parliament sessions'
A heated debate broke out in the National Assembly on Thursday as lawmakers voiced their frustration over the frequent absenteeism of Cabinet ministers during question-and-answer sessions. This week, ...Published: 07 Sep 2024 at 10:10hrs | 167 | by Staff reporter
Tshabangu smiles all the way to the bank
Citizens Coalition for Change (CCC) interim leader Sengezo Tshabangu stands to benefit financially after the government disbursed over ZWL 22 million to the opposition party as part of the political p...Published: 07 Sep 2024 at 10:09hrs | 242 | by Staff reporter
Mnangagwa, Tshabangu parties to share ZiG 70 million
Zanu-PF and CCC will share ZWG 70 million under the Political Parties Finance Act, which provides financial support to political parties in Zimbabwe.Zanu-PF is set to receive ZWG 47.9 million,...Published: 06 Sep 2024 at 14:10hrs | 177 | by Staff reporter
Zimbabwe govt intervenes to end dual pricing
The government is closely monitoring businesses that are manipulating the exchange rate by using black market rates instead of the official ZiG currency rate. This practice undermines the ZiG, which i...Published: 05 Sep 2024 at 17:07hrs | 5954 | by Staff reporter
Mnangagwa's muppets refuse to declare Bulawayo a water disaster area
The Emmerson Mnangagwa led Zanu-PF government has refused to declare Bulawayo a water disaster area, attributing the city's water crisis to mismanagement by local authorities rather than a national em...Published: 05 Sep 2024 at 15:17hrs | 829 | by Staff reporter
South Africa GDP growth is an 'illusion' benefiting the few
The Economic Freedom Fighters (EFF) have dismissed the recent GDP growth figures released by Statistics South Africa (Stats SA) as "misleading", accusing the government and financial institutions of c...Published: 05 Sep 2024 at 09:17hrs | 181 | by Staff reporter
Fight over Mthuli's boreholes in Cowdray Park
In Cowdray Park, residents are contesting control over boreholes that were drilled by Finance Minister Mthuli Ncube ahead of the August 2023 elections. Ncube, who lost the seat to Pashor Siban...Published: 04 Sep 2024 at 08:04hrs | 565 | by Staff reporter
Zimbabwe's PVO Bill does not ban NGOs
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi clarified in the National Assembly that the Private Voluntary Organisation (PVO) Bill does not ban political parties from forming fund...Published: 04 Sep 2024 at 07:47hrs | 39 | by Staff reporter
Underfunding leaves Polad on life support
President Emmerson Mnangagwa has positioned Sengezo Tshabangu, the new Secretary-General of the Citizens Coalition for Change (CCC), as a prominent opposition figure amid the faltering Political Actor...Published: 02 Sep 2024 at 11:30hrs | 530 | by Staff reporter
As Zimbabwe's rail system collapses, vice thrives in the trains left behind
INSIDE the abandoned trains of Zimbabwe's once-proud railway system, sex workers try to catch the attention of passing men, while drug dealers sell codeine-laced cough syrup and homeless families sear...Published: 01 Sep 2024 at 10:22hrs | 385 | by Staff reporter
Mafume reshuffle committees
Harare Mayor Jacob Mafume is reportedly planning significant changes to the city council's leadership, aiming to install loyalists in key positions to avoid opposition to his decisions. Ahead of a ful...Published: 29 Aug 2024 at 16:11hrs | 474 | by Staff reporter
On the Money: How Old Mutual is empowering Zimbabwe's farmers
As the Zimbabwe Agricultural Show kicks off under the theme "Cultivating Prosperity. Growing Business. Innovation for Change. Nurturing our Future," a critical component of this year's event is the fi...Published: 29 Aug 2024 at 15:55hrs | 199 | by Staff Reporter
Zimbabwe to remove VAT on meat?
Zimbabwe is set to see price cuts on meat and poultry products following a recent policy change that eliminates Value Added Tax (VAT) on these items. This decision, confirmed by Finance Ministry perma...Published: 28 Aug 2024 at 13:31hrs | 525 | by Staff reporter
NRZ has no properties abroad
THE National Railways of Zimbabwe (NRZ) has dismissed social media reports that it owns properties outside Zimbabwe and has lost records of some of them.In a statement, the NRZ said it had oft...Published: 27 Aug 2024 at 07:40hrs | 118 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 746 | by Staff reporter
Mafume slammed for attending training at Zanu-PF Ideological school
Harare mayor, Councillor Jacob Mafume, has been criticised for attending a ZANU-PF indoctrination programme at the party's Herbert Chitepo School of Ideology.Mafume is among a group of mayors,...Published: 24 Aug 2024 at 12:48hrs | 345 | by Staff reporter
'Lack of policies limiting hemp farming commercialisation in Zimbabwe'
Zimbabwe is facing challenges in formulating policies for the commercialization of hemp farming due to insufficient information about the plant. Hemp, a versatile member of the cannabis sativa species...Published: 23 Aug 2024 at 06:51hrs | 112 | by Staff reporter
Jailed Zimbabwe ex-deputy minister shares expertise with fellow inmates
Former Deputy Finance Minister Terrence Mukupe, who is currently serving a three-year sentence for fraud at Khami Maximum Prison, has been utilizing his financial and mathematical expertise to teach C...Published: 23 Aug 2024 at 06:42hrs | 1052 | by Staff reporter
Mnangagwa must fire Mthuli, Mushayavanhu & Guvamatanga, says Zanu-PF activist
South African-based Zanu-PF supporter Kudzai Mutisi has urged President Emmerson Mnangagwa to remove Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube, the Ministry's per...Published: 22 Aug 2024 at 14:59hrs | 3778 | by Staff reporter
Zimbabweans use gold-backed ZiG to pay for 40% of transactions
Zimbabweans are using the nation's gold-backed currency for 40% of payments compared with 20% when it first started in April, Finance Permanent Secretary George Guvamatanga said.The ZiG - an a...Published: 22 Aug 2024 at 07:26hrs | 519 | by Staff reporter
ZiG registers gradual growth in transactions
Zimbabwe has seen significant growth in the use of the Zimbabwe Gold (ZiG) currency in domestic transactions since its introduction in April 2024. According to Finance, Economic Development, a...Published: 22 Aug 2024 at 07:04hrs | 158 | by Staff reporter
Zimbabwe treasury defends transit fuel tax
THE new import duty for fuel tankers in transit, paid on entry and refunded on exit, was necessary to curb the abuse of the electronic cargo tracking system, the Permanent Secretary for Finance, Econo...Published: 22 Aug 2024 at 06:28hrs | 226 | by Staff reporter
Zimbabwean student seeks funding for Aerospace Engineering studies in UK
Sijabuliso Hilton Sibanda, a 19-year-old Zimbabwean student is seeking £130 000 funding for Aerospace Engineering studies after he was accepted into the University of Manchester.Sibanda who a...Published: 20 Aug 2024 at 17:51hrs | 2036 | by Staff reporter
MP's challenge on constitutional right against Zimra dismissed
The High Court has dismissed an application challenging the requirement to provide 60 days' notice before initiating proceedings against the Zimbabwe Revenue Authority (Zimra). Opposition leg...Published: 20 Aug 2024 at 10:38hrs | 110 | by Staff reporter
Brigadier-General burial tomorrow
National hero Brigadier-General (Retired) Elasto Madzingira, who passed away on August 8 at the age of 65, will be buried tomorrow at the National Heroes Acre. President Mnangagwa will preside...Published: 20 Aug 2024 at 10:30hrs | 186 | by Staff reporter
Zimbabwe National Assembly resumes sitting
The National Assembly of Zimbabwe resumes today after a three-week break, during which the country hosted the 44th SADC Summit at the new Parliament Building in Mount Hampden. The Senate will ...Published: 20 Aug 2024 at 10:28hrs | 46 | 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 | 125 | by Staff reporter
Harare City Council officials sentenced 10 years
The High Court has sentenced two senior Harare City Council officials, Stanley Ndemera and Emmanuel Mutambirwa, to 10 years in prison each for criminal abuse. ...Published: 17 Aug 2024 at 12:39hrs | 169 | by Staff reporter
Cyril Ramaphosa arrives in Zimbabwe for SADC Summit
South African President Cyril Ramaphosa has arrived at Robert Gabriel Mugabe International Airport for the 44th SADC Summit. He was welcomed by Zimba...Published: 17 Aug 2024 at 12:28hrs | 150 | by Staff reporter
Zimbabwe tackles transit fuel fraud head-on
The Zimbabwean government has implemented new regulations requiring all fuel transported by road through Zimbabwe to pay duty and levies at the border. This applies to all types of fuel, including pet...Published: 16 Aug 2024 at 08:12hrs | 107 | by Staff reporter
US$40,000 fraud trial continues
The trial of Harare businessman Michael Smith, accused of defrauding MA Auto Suppliers (trading as Mr Cruiser) of over US$38,000 and R124,000, continued with the State presenting three more witnesses....Published: 16 Aug 2024 at 08:11hrs | 118 | by Staff reporter
Dragnet closes in on Zimbabwe money launderers
The dragnet is closing in on money launderers as President Emmerson Mnangagwa's administration yesterday resolved to strengthen the enforcement of anti-money laundering legislation,Business Times repo...Published: 15 Aug 2024 at 14:43hrs | 1119 | by Staff reporter
Zacc pounces on Harare City Council town clerk's wives
The Zimbabwe Anti-Corruption Commission (ZACC) has seized luxury vehicles owned by the wives of Hosiah Chisango, the Harare town clerk currently in remand prison on corruption charges. The ve...Published: 15 Aug 2024 at 07:56hrs | 521 | by Staff reporter
Zanu-PF councillors resist govt interference
ZANU-PF councillors in Mudzi, Mashonaland East province, have accused the government of interfering in their operations after the Local Government ministry suspended Mudzi Rural District Council chair...Published: 15 Aug 2024 at 07:40hrs | 145 | by Staff reporter
Mnangagwa parades broke forces; mums on stipends
Despite pampering uniformed forces with praises during 44th Defence Forces Day celebrations, President Emmerson Mnangagwa, (who is also the Commander In-Chief of the Zimbabwe Defence Forces) deliberat...Published: 13 Aug 2024 at 22:51hrs | 1690 | by Gideon Madzikatidze
Zimra warehouses full of smuggled goods
State warehouses at Beitbridge Border Post are overflowing with intercepted goods as security officials continue to crackdown on smugglers along the border.The use of drones, commercial and ba...Published: 09 Aug 2024 at 07:31hrs | 135 | by Staff reporter
Zanu-PF blasts Malema
ZANU-PF chief whip Pupurai Togarepi has slammed the leader of South Africa's opposition Economic Freedom Fighters party, Mr Julius Malema, for attempting to incite anarchy in Zimbabwe.To...Published: 09 Aug 2024 at 07:30hrs | 273 | by Staff reporter
ZiG manipulators face stiff sentences
Cabinet considered the report on basic commodities prices and availability and issues constraining local industry as presented by the Honourable Vice President Gen (Rtd) Dr CGDN Chiwenga. On m...Published: 07 Aug 2024 at 11:24hrs | 361 | by Staff reporter
Zimbabwe seeks high-net-worth partners for startups fund
Deputy Finance, Economic Development, and Investment Promotion Minister David Mnangagwa has announced that the Treasury is seeking strategic alliances with high-net-worth individuals to operationalize...Published: 05 Aug 2024 at 07:09hrs | 110 | by Staff reporter
Guvamatanga faces censure over outburst
The Public Accounts Committee (PAC) plans to summon Finance and Economic Development Ministry Permanent Secretary George Guvamatanga to Parliament over his criticism of the recent auditor general's re...Published: 04 Aug 2024 at 14:10hrs | 1518 | by Staff reporter
Sadc summit preparations complete
Preparations for the 44th SADC Heads of State and Government Summit, including infrastructure projects like road rehabilitation and the upgrading of accommodation and conferencing facilities, are comp...Published: 04 Aug 2024 at 14:03hrs | 162 | by Staff reporter
ZiG uncertainties to frustrate GDP forecasts
Zimbabwe's economic growth prospects are facing serious challenges due to liquidity shortages and a severe drought, according to leading advisory firms and economists. In a recent mid-term bud...Published: 03 Aug 2024 at 12:57hrs | 192 | by Staff reporter
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