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Mnangagwa set to tie up $533 million railway revamp deal
President Emmerson Mnangagwa on Tuesday met executives of the China Railway Group (CRG) in Beijing to finalise a transformative US$533 million deal to overhaul Zimbabwe's deteriorating railway system,...Published: 11 hrs ago | 995 | by Staff reporter
Zimbabwe's digital transactions surge to ZiG89bn
Zimbabwe has seen a sharp rise in digital payments, with the value of retail transactions jumping 35 percent in the second quarter of 2025, according to the Reserve Bank of Zimbabwe (RBZ). The total v...Published: 14 hrs ago | 205 | by Staff reporter
Weighbridges key to saving Zimbabwe road infrastructure
Stakeholders have urged the Government to install weighbridges on all major highways and promote rail transport to prevent rapid deterioration of the country’s roads. The call was made during a Publ...Published: 01 Sep 2025 at 08:43hrs | 738 | by Staff reporter
Gweru residents owe council ZWG700 million
Gweru City Council is battling a ballooning debt of ZWG700 million as residents, businesses and government departments fail to pay their bills, a situation officials say is crippling service delivery....Published: 31 Aug 2025 at 21:26hrs | 85 | by Staff reporter
Mnangagwa meets Zimbabwean Catholic priests in Vatican
President Emmerson Mnangagwa on Friday met a group of Zimbabwean Roman Catholic priests and seminarians studying in the Vatican City, a day after holding a landmark meeting with Pope Leo XIV.T...Published: 31 Aug 2025 at 21:20hrs | 218 | by Staff reporter
Municipality audit exposes 92 000 litres fuel scandal
A damning internal audit at Chitungwiza Municipality has revealed shocking levels of fraud, mismanagement and possible collusion among officials, with more than 92 000 litres of diesel worth US$138 00...Published: 31 Aug 2025 at 10:30hrs | 175 | by Styaff reporter
Mnangagwa henchman's probe raises eyebrows
Local Government and Public Works Minister Daniel Garwe's call for a special taskforce to investigate councils has triggered sharp debate, with critics accusing the government of seeking tighter contr...Published: 31 Aug 2025 at 10:29hrs | 201 | by Styaff reporter
Catholic priest up for US$38k theft
A damning forensic audit has revealed the misappropriation of US$38,000 at Clare Fashions, a company wholly owned by the Roman Catholic Diocese of Mutare, exposing serious lapses in financial controls...Published: 31 Aug 2025 at 08:47hrs | 99 | by Staff reporter
Zimbabwe risks missing out on AfCFTA gains
Zimbabwe is at risk of missing out on the vast opportunities of the African Continental Free Trade Area (AfCFTA) as bureaucratic delays stall the gazetting of tariffs and rules of origin needed to unl...Published: 29 Aug 2025 at 05:57hrs | 284 | by Staff reporter
Mutambara calls for standalone AI ministry in Zimbabwe
One of Zimbabwe's foremost academics and artificial intelligence (AI) experts, Professor Arthur Mutambara, has called for the creation of a fully-fledged Ministry of AI, warning that relegating the te...Published: 29 Aug 2025 at 05:53hrs | 611 | by Staff reporter
Zimbabwe oil and gas project gains momentum
The Muzarabani oil and gas project has advanced into a new phase following the signing of a consolidated Production and Profit-Sharing Agreement (PPSA) between the Government and Invictus Energy, a la...Published: 28 Aug 2025 at 22:44hrs | 415 | by Staff reporter
Rich Dad Poor Dad author set for Harare
Harare is set to host one of the world's most influential financial thinkers next month when Robert Kiyosaki, the celebrated American businessman, investor, and best-selling author of Rich Dad Poor Da...Published: 28 Aug 2025 at 22:35hrs | 196 | by Staff reporter
RBZ slams Zimbabwe banks over punitive fees
Zimbabwe's banks are facing criticism from both depositors and the Reserve Bank of Zimbabwe (RBZ) over the imposition of high fees and charges, which are increasingly seen as exploitative.RBZ ...Published: 28 Aug 2025 at 22:32hrs | 157 | by Staff reporter
Multiple ZIMRA checks on Beitbridge - Harare roads excessive
Cross-border traders have raised concerns over what they describe as excessive and duplicated inspections by the Zimbabwe Revenue Authority (ZIMRA) and law enforcement along the Beitbridge - Harare hi...Published: 28 Aug 2025 at 22:29hrs | 163 | by Staff reporter
Business leaders demand crisis talks with Mnangagwa
Zimbabwe's business leaders are pressing for an urgent meeting with President Emmerson Mnangagwa, warning that unresolved economic challenges require his direct intervention as ministries and regulato...Published: 28 Aug 2025 at 06:55hrs | 1053 | by Staff reporter
Mnangagwa's land and irrigation push sparks legal and corruption concerns
President Emmerson Mnangagwa on Monday handed out "title deeds" to 10,000 A1 farmers and launched a US$2 billion irrigation programme, promising to transform small-scale farming into a climate-resilie...Published: 27 Aug 2025 at 23:02hrs | 184 | by Staff reporter
Zimbabwe slashes fees to boost ease of doing business
The Government has approved sweeping reforms in the tourism sector, cutting and streamlining licences, permits, levies and fees in line with President Mnangagwa's directive to enhance the ease of doin...Published: 27 Aug 2025 at 06:03hrs | 865 | by Staff reporter
Harare fails to act on 27 of 28 audit red flags
Residents of Harare have condemned the city council for what they describe as gross negligence, following the Auditor General's 2023 annual report, which revealed that the local authority failed to ac...Published: 27 Aug 2025 at 05:51hrs | 163 | by Staff reporter
Britain cosies up to Zimbabwe
In early June, Britain's Africa minister Lord Collins flew to Harare to meet Zimbabwe's octogenarian president, Emmerson Mnangagwa.The meeting in the capital city, which focused on trade betwe...Published: 26 Aug 2025 at 08:08hrs | 1710 | by Staff reporter
Botswana clinics run out of medicine
Botswana's President Duma Boko declared a public health emergency on Monday, saying the national medical supply chain had failed, leaving hospitals and clinics short of medicine and other vital stock....Published: 26 Aug 2025 at 08:04hrs | 776 | by Staff reporter
'Mnangagwa should dissolve Cabinet'
Outspoken war veteran Max Mkandla has urged President Emmerson Mnangagwa to dissolve his entire Cabinet and replace it with individuals who remain true to the aims and objectives of Zimbabwe's liberat...Published: 25 Aug 2025 at 06:03hrs | 1109 | by Staff reporter
IDBZ manager probed in student facility fraud
The Infrastructure and Development Bank of Zimbabwe (IDBZ) has launched an investigation into former senior manager Suckson Muswe, formerly known as Makwasha, over allegations that he inflated costs d...Published: 24 Aug 2025 at 19:16hrs | 630 | by Staff reporter
+40,000 vehicles vanish after entering Zimbabwe
The Zimbabwe Revenue Authority (Zimra) has failed to account for more than 40 000 vehicles that entered the country under Temporary Import Permits (TIPs), according to the latest Auditor-General's rep...Published: 24 Aug 2025 at 09:23hrs | 1034 | by Staff reporter
Econet in aggressive tech roll-out
Telecommunications leader Econet Wireless Zimbabwe has reported a 70% decline in connectivity-related customer complaints after completing a major network upgrade during the year ended February 2025....Published: 24 Aug 2025 at 09:12hrs | 139 | by Staff reporter
SEO that converts in financial services - Why Absolute Digital Media leads the global pack
In the fast-evolving world of financial services, visibility is no longer optional - it's critical. Brands operating in competitive financial sectors need more than just a basic online presence. They ...Published: 23 Aug 2025 at 22:06hrs | 64 | by Ben Austin
Harare suburban office rentals surge
Rental rates for office space in Harare's suburbs have jumped by 20% over the past year, as corporates accelerate their decade-long migration from the city's central business district (CBD), a new rep...Published: 23 Aug 2025 at 18:04hrs | 461 | by Staff reporter
ASIF endorses Mutapa Investment Fund
The African Sovereign Investors Forum (ASIF) has formally welcomed the Mutapa Investment Fund (MIF) as its newest member, marking a significant milestone for Zimbabwe's sovereign wealth fund.F...Published: 23 Aug 2025 at 14:58hrs | 154 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 477 | by Staff reporter
How to tell if you are financially ready for franchise ownership
Franchise ownership can be an exciting way to step into entrepreneurship with the support of an established brand. Unlike starting a business from scratch, franchises offer proven systems, training, a...Published: 22 Aug 2025 at 12:56hrs | 118 | by Staff Reporter
Schools in Zimbabwe struggle as BEAM funds remain unpaid
Schools across Zimbabwe are facing a financial crisis as the government continues to delay Basic Education Assistance Module (BEAM) disbursements, a programme meant to cover fees for vulnerable learne...Published: 22 Aug 2025 at 09:49hrs | 97 | by Staff reporter
NSSA, NBS drive affordable housing
Over the past three years, the National Social Security Authority (NSSA) has developed more than 1,700 residential stands, while its banking arm, the National Building Society (NBS), has constructed o...Published: 22 Aug 2025 at 09:44hrs | 253 | by Staff reporter
Are Zimbabwe economic growth rates real?
Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and i...Published: 21 Aug 2025 at 13:08hrs | 290 | by Delani Mangena
Zimbabwe to cap civil service wage bill
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has unveiled plans to cap civil service expenditure at 50% of the national budget, aiming to rein in rising wage ...Published: 21 Aug 2025 at 12:35hrs | 1453 | by Staff reporter
Best Side Hustles for Finance Bloggers: Try Forex Affiliate Marketing
If you're just running your blog for fun, cool, keep at it. If you're actually trying to stack some cash on the side, then you're sitting on a goldmine and you might not even know it yet. Have you hea...Published: 20 Aug 2025 at 20:42hrs | 91 | by Staff Reporter
CBZ appoints Group Chief Risk Officer
CBZ Holdings has announced the appointment of Eunice Mujekenyeki as its new Group Chief Risk Officer, bringing over two decades of experience in the financial services sector to the role.Ms. M...Published: 20 Aug 2025 at 18:15hrs | 567 | by Staff reporter
Hwende cries foul over allowances
Kuwadzana East legislator Chalton Hwende has raised concerns over the worsening conditions affecting lawmakers, accusing the government of dragging its feet on commitments to address outstanding allow...Published: 20 Aug 2025 at 18:13hrs | 345 | by Staff reporter
The horrors of Gukurahundi and complicity of World Bank and IMF
To put it into perspective, Gukurahundi was characterised by inversion of human rights violations, including torture, disappearances, abductions, sexual molestation, rape, ethnic profiling and arbitra...Published: 20 Aug 2025 at 13:40hrs | 339 | by Dr Gorden Moyo
Parliament to debate Mid-Term Budget Review statement
The debate on the Mid-Term Budget Review presented by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is expected to commence today as Parliament resumes sitti...Published: 19 Aug 2025 at 19:07hrs | 135 | by Staff reporter
Mnangagwa in Japan for TICAD9 summit
President Emmerson Mnangagwa arrived in Yokohama this morning to participate in the 9th Tokyo International Conference on African Development (TICAD9).The President was welcomed by Japanese of...Published: 19 Aug 2025 at 19:02hrs | 161 | by Staff reporter
Harare paid millions on roads that don't exist
Harare faces fresh scrutiny after reports revealed that millions of US dollars were paid for the rehabilitation of 43 roads that were never constructed. A 2019 internal audit confirmed that, despite f...Published: 19 Aug 2025 at 12:08hrs | 1007 | by Staff reporter
Zimbabwean startups join Visa's Fintech Accelerator
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...Published: 19 Aug 2025 at 12:06hrs | 209 | by Staff reporter
Digital shift boosts Zimbabwe's tax collections
Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save tim...Published: 19 Aug 2025 at 09:02hrs | 142 | by Staff reporter
If Mnangagwa wants to know what 'nyika inovakwa nevene vayo' really means, he should learn from Rhodesians!
Sometimes, words are cheap, and it is often those who boast the most who achieve the least.When the late Robert Mugabe popularized the phrase 'nyika inovakwa nevene vayo' - and his successor E...Published: 19 Aug 2025 at 08:08hrs | 427 | by Tendai Ruben Mbofana
ZIMRA Officially Commissions TaRMS
The Zimbabwe Revenue Authority (ZIMRA) proudly announces the official commissioning of its Tax Administration and Revenue Management System (TaRMS) on the morning of August 18th. This landmark occasio...Published: 19 Aug 2025 at 07:53hrs | 834 | by ZIMRA
Mnangagwa delivers stark warning on SADC's economic weakness
In his final act as Southern African Development Community (SADC) Chairperson, President Emmerson Mnangagwa delivered a blunt critique of the regional bloc, warning that its failure to strengthen econ...Published: 18 Aug 2025 at 12:47hrs | 577 | by Staff reporter
RBZ orders banks to report on rural financial literacy outreach
The Reserve Bank of Zimbabwe (RBZ) has stepped up efforts to promote financial literacy in rural and marginalised communities, directing all banks and microfinance institutions to submit quarterly upd...Published: 18 Aug 2025 at 08:42hrs | 200 | by Staff reporter
Mohadi in Angola to honour fallen liberation fighters
Vice President Kembo Mohadi has arrived in Luanda, Angola, on a visit dedicated to paying homage to Zimbabwean liberation war fighters who perished on Angolan soil during the struggle for independence...Published: 18 Aug 2025 at 08:40hrs | 309 | by Staff reporter
Headmasters join teachers in salary protest in ZImbabwe
In a rare show of unity, school heads have resolved to join teachers in demanding better pay, warning that they will not report for duty when schools reopen for the third term on September 9, 2025, un...Published: 17 Aug 2025 at 10:09hrs | 303 | by Staff rporter
Funds looted in shocking Harare 'ghost projects' scandal
Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried ...Published: 16 Aug 2025 at 13:17hrs | 111 | by Staff reporter
Gweru City Council in financial scandal
A damning 2024 Auditor-General's report has exposed deep-seated financial mismanagement at Gweru City Council, revealing unreconciled bank variances amounting to ZWL$4,9 billion, missing asset records...Published: 15 Aug 2025 at 08:41hrs | 186 | by Staff reporter
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