Search / Finance
Mnangagwa gets Commonwealth leaders support in bid to rejoin bloc
PRESIDENT Emmerson Mnangagwa's efforts to get Zimbabwe back into the Commonwealth are being backed by the grouping's secretary general, Patricia Scotland, who believes he has done enough to warrant a ...Published: 6 hrs ago | 328 | by Staff reporter
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 6 hrs ago | 150 | by Staff reporter
Matebeleland exam paper transporters furious over unpaid dues
The Zimbabwe School Examinations Council (Zimsec) is facing accusations of failing to pay transporters in the Matebeleland region who were contracted to deliver examination papers and scripts for the ...Published: 6 hrs ago | 61 | by Staff reporter
Court disqualifies Chamisa's candidate over unpaid council bills
The High Court has disqualified independent candidate Mr. Ephias Mambume from contesting the November 30 Victoria Falls City Council Ward 1 by-election, following an electoral petition filed by Zanu-P...Published: 6 hrs ago | 69 | 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 | 309 | 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 | 6458 | by Staff reporter
Underfunding sinks Zimbabwe school projects
Government-funded school projects are progressing at a snail's pace, with many targets missed due to insufficient funding from Treasury, according to a Parliamentary Portfolio Committee report. The re...Published: 19 Nov 2024 at 08:50hrs | 58 | by Staff reporter
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 200 | 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 | 5475 | 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
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3439 | by Mandla Ndlovu
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 86 | 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 | 2383 | by Staff reporter
Bulawayo Deputy Mayor arrested for bribery
The Deputy Mayor of Bulawayo, Edwin Ndlovu, and Councillor Mpumelelo Moyo, who chairs the Finance and Development Committee, have been arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on all...Published: 15 Nov 2024 at 08:27hrs | 408 | by Staff reporter
Zimbabwe Energy Minister reveals shocking decline in electricity generation
Zimbabweans face unrelenting power outages, with homes and businesses left without electricity for over 18 hours daily. The crisis stems from failing infrastructure at Hwange Thermal Power Station and...Published: 14 Nov 2024 at 15:25hrs | 1237 | by Staff reporter
Mnangagwa takes 238 people to UN climate summit
Zimbabwe's President Emmerson Mnangagwa has drawn scrutiny after bringing a delegation of 238 people to the United Nations Climate Change Conference (COP29) in Baku, Azerbaijan. According to data from...Published: 14 Nov 2024 at 13:19hrs | 582 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1780 | by Staff reporter
Zimbabwe-Zambia energy summit excites Zera
The upcoming Zimbabwe-Zambia Energy Projects Summit, set to take place in Victoria Falls from November 18 to 21, 2024, will serve as a pivotal platform for advancing sustainable energy solutions and e...Published: 14 Nov 2024 at 09:49hrs | 144 | by Staff reporter
Bulawayo man develops solar-powered three-wheeled vehicle
For many, dropping out of school is seen as a setback, a dead-end in a society where education is believed to be the key to a brighter future. However, for 31-year-old Charles Ncube of Luveve suburb, ...Published: 14 Nov 2024 at 09:36hrs | 342 | by Staff reporter
Mthuli Ncube to clear ZiG57m BEAM arrears
The Government has pledged to clear ZiG57 million in arrears owed to the Basic Education Assistance Module (BEAM), following a recent directive from the ruling Zanu-PF party to settle outstanding debt...Published: 14 Nov 2024 at 09:23hrs | 91 | by Staff reporter
Kuruneri's widow in legal battle to evict miners from farm
Paidamoyo Patience Kuruneri, widow of former Finance Minister Christopher Tichaona Kuruneri, is embroiled in a legal battle to evict two gold miners, Sipho Mlalazi and Thabani Ndlovu, from Ascotvale F...Published: 12 Nov 2024 at 10:58hrs | 390 | by Staff reporter
Harare submits long-delayed masterplan proposal
After missing the initial June 30 deadline, the Harare City Council and Chitungwiza Municipality have finally submitted their masterplan proposals, Local Government and Public Works Minister Daniel Ga...Published: 12 Nov 2024 at 10:56hrs | 127 | by Staff reporter
Ghana's John Mahama projected to unseat ruling party in December election
Ghana's main opposition leader and former president, John Dramani Mahama, appears to be the front-runner in the upcoming December presidential election, according to an opinion poll released on Monday...Published: 11 Nov 2024 at 13:46hrs | 493 | by Staff reporter
Livestock farmers bemoan delayed rains
Livestock farmers across Beitbridge district are voicing their concerns over the delayed start of the rainy season, which has disrupted grazing patterns and severely affected the health of their lives...Published: 11 Nov 2024 at 11:35hrs | 527 | by Staff reporter
Zimbabwe targets 2,100MW renewable energy by 2030
The Zimbabwean government has reaffirmed its commitment to advancing renewable energy solutions, aiming to achieve 1,100 megawatts (MW) from renewable energy sources by 2025 and 2,100 MW by 2030. Thes...Published: 11 Nov 2024 at 07:03hrs | 231 | by Staff reporter
Germans don't have enough paper for new elections
German's Electoral commission boss says carrying out 'printing orders' is a 'great challenge' amid collapse of Olaf Scholz's governmentEarly elections in Germany may not be possible because of...Published: 10 Nov 2024 at 13:22hrs | 477 | by Staff reporter
Mnangagwa arrives in Baku
President Emmerson Mnangagwa arrived in Baku this afternoon to participate in the 29th Conference of the Parties (COP29), a key global event convening nations committed to the United Nations Framework...Published: 10 Nov 2024 at 12:30hrs | 583 | by Staff reporter
Mthuli Ncube donates rice to Cowdray Park Residents
FINANCE, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is in Cowdray Park today, where he is set to donate 10 000 tonnes of Rice to the vulnerable and elderly in the su...Published: 10 Nov 2024 at 12:29hrs | 1083 | by Staff reporter
Zimbabwe sitting on a time bomb, minister warns
Youth Empowerment Minister Tinoda Machakaire expressed frustration on Friday over Treasury's failure to settle approved allocations for his ministry as outlined in the 2024 national budget. Machakaire...Published: 10 Nov 2024 at 11:00hrs | 1164 | by Staff reporter
Mnangagwa expected in Azerbaijan for climate indaba
President Emmerson Mnangagwa arrived in Azerbaijan today to attend the United Nations Climate Change Conference, COP29, where climate finance will be a central focus. The President's departure from Ha...Published: 10 Nov 2024 at 10:46hrs | 62 | by Staff reporter
DRC, Mozambique elections top Sadc summit agenda
President Emmerson Mnangagwa will lead the Extraordinary Southern African Development Community (SADC) Heads of State and Government Summit on Wednesday, focusing on pressing regional issues, includin...Published: 10 Nov 2024 at 10:44hrs | 371 | by Staff reporter
Emmerson Mnangagwa Stadium to be built in Mt Hampden?
In a bid to tackle the country's ongoing stadium crisis, the Parliamentary Portfolio Committee on Sports, Arts and Recreation has recommended the construction of a new stadium in Mt Hampden, located j...Published: 08 Nov 2024 at 07:13hrs | 11095 | by Staff reporter
ZiG4 billion required for digital migration
Zimbabwe requires an estimated ZiG4 billion to fully execute the second phase of its long-delayed digital migration project, known as Zim Digital, according to Dr. Jenfan Muswere, the Minister of Info...Published: 08 Nov 2024 at 06:56hrs | 87 | by Staff reporter
Nakamba fit for Warriors
Zimbabwean captain Marvelous Nakamba has declared himself fit and ready for national duty, despite a brief appearance as a late substitute in Luton Town's 1-0 win over Cardiff City in the English Cham...Published: 08 Nov 2024 at 06:49hrs | 113 | by Staff reporter
Botswana to legalise undocumented Zimbabweans
Botswana’s new president has told the BBC that he wants undocumented Zimbabweans to be legalised by granting them temporary work and residence permits."They do jobs that would otherwise not ...Published: 08 Nov 2024 at 05:49hrs | 10617 | by Staff reporter
German's Scholz blames Ukraine aid for government collapse
The key reason for the collapse of Germany's ruling coalition was the refusal of Finance Minister Christian Lindner to support a budgetary plan that would increase aid to Ukraine, Chancellor Olaf Scho...Published: 07 Nov 2024 at 16:03hrs | 1463 | by Staff reporter
German government collapses
Germany's 'traffic-light' coalition has fallen apart, leaving Olaf Scholz at the helm of a minority government consisting solely of his Social Democratic Party (SPD) and the Greens. This follows the c...Published: 07 Nov 2024 at 08:21hrs | 2510 | by Staff reporter
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 391 | by Rigid Kondongwe
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
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
ACBF launches plan to support Zimbabwe bureaucrats
The African Capacity Building Foundation (ACBF) has launched its inaugural leadership development programme in Zimbabwe, aimed at addressing governance challenges and building the capacity of pub...Published: 06 Nov 2024 at 07:00hrs | 95 | by Staff reporter
Russia seeks labour from Zim to boost human capital
Russia is looking to Zimbabwe to bolster its labor force, particularly in the construction sector, as it experiences rapid growth despite Western sanctions. The call for skilled labor emerged from dis...Published: 06 Nov 2024 at 06:49hrs | 32394 | by Staff reporter
Zuma arms deal persecution is weird, says Thuli Madonsela
Former public protector Prof Thuli Madonsela has dropped a bombshell that former president Jacob Zuma's prosecution regarding the controversial arms deal is a mystery. Her remarks came during ...Published: 05 Nov 2024 at 09:30hrs | 1181 | by Staff reporter
Equatorial Guinea politician's multiple sexual romps with various women go viral
Hundreds of sex tapes involving a high-ranking Equatorial Guinean civil servant with other men's wives have done the rounds on social media, prompting the authorities to attempt to curb their spread....Published: 05 Nov 2024 at 08:31hrs | 3065 | by AFP
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
Retail outlets closes amid ZWG fluctuation
The recent spate of closures among prominent retail outlets in Zimbabwe has prompted Parliament to demand an explanation from Finance Minister Mthuli Ncube. The closures, attributed to the ongoing eco...Published: 05 Nov 2024 at 08:25hrs | 7785 | by Staff reporter
BancABC uses 'dirty tactics' to silence bosses?
BancABC is engulfed in controversy, facing accusations of fabricating charges against at least nine top managers as part of a strategy to evade paying retrenchment packages, NewZimbabwe.com has learne...Published: 04 Nov 2024 at 06:50hrs | 1337 | by Staff reporter
Armed robbers pounce on Bulawayo school
In a brazen incident of armed robbery, a gang of four assailants ambushed two security guards at Greengables High School on Thursday, October 31, 2024, stealing over $2,000 in cash and various electro...Published: 03 Nov 2024 at 10:15hrs | 772 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 1415 | by Staff reporter
Load More Stories