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Zimbabwe revises upwards agric sector growth to 21.1%

The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La NiÃ±a weather phenomenon, Finance Minister Mth…

Published: 07 Aug 2025 at 08:58hrs | 109 | by Staff reporter

AG exposes massive financial mismanagement

A damning report by Acting Auditor-General Rhea Kujinga, tabled in Parliament this week, has uncovered widespread financial mismanagement, weak internal controls, and systemic accounting failures across government ministries, departments a…

Published: 25 Jul 2025 at 09:24hrs | 230 | by Staff reporter

Zimbabwe sees $2.6bn bridge finance in place by early 2026

Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to global capital markets, Finance Ministe…

Published: 28 May 2025 at 10:51hrs | 119 | by Staff reporter

NetOne's OneMoney aims to revolutionise financial inclusion in Zimbabwe

NetOne's mobile financial services subsidiary, ONE Money, is set to transform financial inclusion in Zimbabwe by offering a suite of innovative products and services designed to reach the country's unbanked and underbanked populations. Thi…

Published: 01 Mar 2025 at 09:20hrs | 1246 | by Staff reporter

Bosso financial woes exposed

Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challenges.Treasurer Israel Moyo expressed di…

Published: 27 Jan 2025 at 08:20hrs | 222 | by Staff reporter

Chamisa drops a political bombshell

Zimbabwe's main opposition CCC leader Nelson Chamisa, who has given President Emmerson Mnangagwa a good run for his money in two tightly-contested and disputed presidential elections, has abandoned his party, saying it has now been crimina…

Published: 25 Jan 2024 at 19:44hrs | 4 | by Staff reporter

Mnangagwa's son calls for urgent finance mobilisation

David Kudakwashe Mnangagwa, the newly-appointed Deputy Finance Minister, has emphasized the urgent need to explore innovative ways of mobilizing public and private resources to support sustainable economic development in Zimbabwe.This call…

Published: 02 Oct 2023 at 06:27hrs | 9 | by Staff reporter

Government on drive to recruit STEM teachers

GOVERNMENT is in the process of recruiting Science and Mathematics teachers to address the deficit in schools and close the existing gaps in the education sector, which have resulted in learners in some provinces going for long periods wit…

Published: 18 Sep 2023 at 06:59hrs | 1 | by Staff reporter

Is Guvamatanga altogether there?

An observation made by my daughter, Dr Rumbi, when she was 27 years old has haunted me ever since. Dr Rumbi was preparing for her doctoral defence on governance, and she had returned from a research trip in South Africa. Her reaction to wh…

Published: 17 Oct 2021 at 09:08hrs | 1 | by Kenneth Mufuka

Govt gazettes Public Finance Amendment Bill

GOVERNMENT last week gazetted the Public Finance Amendment Bill (2021) which seeks to align the Public Finance Management Act (PFMA) to the Constitution as well as strengthen parliamentary oversight over use of public funds to curb corrupt…

Published: 04 Apr 2021 at 22:32hrs | | by Staff reporter

Micro-finance credit rises 26,4%

CREDIT from micro-finance institutions in the second quarter of 2019 increased by 26,4% to $316,3 million from the previous quarter's $250,1 million due to an increase in productive loans.A Zimbabwe Association of Micro-Finance Institution…

Published: 29 Aug 2019 at 07:40hrs | 2 | by Staff reporter

Events at Mthuli Ncube's ministry disturbing

ZIMBABWE is indeed not only going through painful times, but an extra-ordinary period as the southern African nation grapples with very difficult socio-economic and political circumstances.Last week the troubled nation was afforded a rare …

Published: 14 Aug 2019 at 07:51hrs | | by Editorial - Newsday

Mthuli Ncube doing everything by the book

Zimbabwe's Finance Minister Mthuli Ncube seems to be doing everything by the book as he pursues orthodox economic policy often prescribed by the global "Bretton Woods" lending institutions to try and turn around a sickly economyThe governm…

Published: 18 Jul 2019 at 16:48hrs | | by Reuters

Give Mthuli a chance!

The story is told that Moses undertook the dangerous assignment to relocate the children of Israel to the Promised Land. The Red Sea, that vast water body, presented an intractable obstacle. There was chaos and commotion at seaside. Others…

Published: 08 Jun 2019 at 07:50hrs | 4 | by Staff reporter

Zimbabwe economic update with Economist Eddie Cross

We are now 9 months into the Transitional Stabilisation Program and a great deal has been achieved. Let's summarize:* We have eliminated the Fiscal deficit that was the main driver in the past 5 years under Mr. Mugabe, of inflation and ris…

Published: 04 Jun 2019 at 16:56hrs | 2 | by Eddie Cross

Chiwenga lashes out at 'financial terrorists'

VICE President Constantino Chiwenga yesterday lashed out at corporates dipping their hands in underhand parallel market exchange dealings and equated such behaviour to "financial terrorism". Addressing captains of industry and commerce at …

Published: 25 Apr 2019 at 06:41hrs | | by Staff reporter

Zimbabwe staggers on

LAST Friday, Finance and Economic Development minister, Mthuli Ncube, tweeted that he would curb Zimbabwe's economic crisis by limiting "government expenditure, rationalise posts in the public service, strengthen wage bill management, redu…

Published: 31 Oct 2018 at 13:23hrs | 1 | by Pearl Matibe

Zimbabweans should brace for belt-tightening

President Emmerson Mnangagwa has said Zimbabweans must prepare for austerity measures that may appear harsh but are in the medium to long-term designed to set the economy back on track.Zimbabwe's leader also said he is in the process of re…

Published: 23 Sep 2018 at 08:39hrs | 1 | by Staff reporter

Government applauded for welfare of its employees

Whenever there is development or an achievement of any sort, it is the norm for people to commend such progress.The Government of Zimbabwe must be applauded for appreciating the services offered by its employees, through among other incent…

Published: 10 May 2018 at 08:58hrs | | by Peacemaker Zano

Mugabe pleads for land reform financial support

PRESIDENT Robert Mugabe yesterday pleaded for financial support for the much-hyped land reform programme, which has largely remained underfunded amid lack of productivity at most acquired farms.Mugabe spoke as First Lady Grace emerged from…

Published: 26 Aug 2017 at 16:05hrs | | by Staff reporter

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President Mnangagwa must respect the constitution

Background remover for corporate videos that impress clients

All is set for CGAIZ annual conference in Victoria Falls

US Senate tables second bill targeting South Africa

Mnangagwa confirms ZANU-PF corrupt, amid own schemes looting spree

You can leave the ghetto, but you can't remove the ghetto inside - Same with apartheid

Geza's worthlessness is no mystery

Mnangagwa appoints new ambassadors

Zanu-PF Politburo meets amid growing succession tensions

South African justice system faces 'total collapse'

Woman jailed for stabbing hubby's girlfriend

Charamba storms into World Championships 200m semi-finals

SA soldiers, Zimbabweans arrested over cigarette

ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud