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Zimbabwe foreign currency remittances hit US$1,2 billion
FOREIGN currency remittances surged by 16,5% to hit a record US$1,2 billion in the first half of 2024 leaving diasporans standing out as lucrative foreign currency earners for the economy.The ...Published: 18 hrs ago | 354 | by Staff reporter
Chiwenga to officiate at Investment Forum
The Ministry of Industry and Commerce is preparing to host the Investment Forum next Monday, attracting key stakeholders and policymakers from across Africa. The forum, held in collaboration with the ...Published: 18 hrs ago | 159 | by Staff reporter
Zimbabwe govt commissions Jo'burg e-passports
Zimbabwe has commissioned a newly refurbished building in Johannesburg, South Africa, to process e-passports for its citizens, with plans for additional centers in Cape Town and London. This i...Published: 18 hrs ago | 124 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 19 hrs ago | 368 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 19 hrs ago | 288 | by Staff reporter
Finance Ministry blacklists 51 govt suppliers
The Treasury has blacklisted 51 government contractors for engaging in black market activities after receiving payments in local currency. Treasury boss Mthuli Ncube state...Published: 25 Jul 2024 at 12:48hrs | 783 | by Staff reporter
South Africa: Is it the time for unity or is it just the end of the ANC?
It was always clear that the African National Congress (ANC) was headed for political and electoral decline in the 2024 elections. Several political analysts and ANC watchers have written the politica...Published: 25 Jul 2024 at 08:07hrs | 367 | by William J Mpofu
South Africa: Is it the time for unity or is it just the end of the ANC?
There is little doubt that, politically, the DA is the ultimate beneficiary of the government of national unity. It was always clear that the African N...Published: 24 Jul 2024 at 20:38hrs | 462 | by Dr William J Mpofu
Zimbabwe joins United Nations (UN) Water Convention, leading wave of countries in Southern Africa
Zimbabwe, a landlocked country in drought-stricken Southern Africa, has joined the UN Water Convention in a clear demonstration of political will for water cooperation across borders. Home to some 17 ...Published: 24 Jul 2024 at 12:55hrs | 233 | by APO
Air Zimbabwe to resume direct flights to London
Plans are underway to resume direct flights from Zimbabwe to the United Kingdom, a move aimed at boosting trade and leveraging the country's centrality in the Sadc region, according to Transport and I...Published: 24 Jul 2024 at 09:11hrs | 5002 | by Staff reporter
ZiG acceptance grows across Zimbabwe economy
The Reserve Bank of Zimbabwe (RBZ) has observed a growing acceptance of the local currency, ZiG, by both businesses and individuals, which aligns with the central bank's efforts to stabilize the econo...Published: 24 Jul 2024 at 08:54hrs | 1890 | by Staff reporter
Groote Schuur Estate must return the bird to Great Zimbabwe
Visual artist and cultural producer Richard Mudariki is advocating for the repatriation of the Zimbabwe Bird from the Groot Schuur Estate in Cape Town, South Africa, to Great Zimbabwe. Mudarik...Published: 24 Jul 2024 at 08:52hrs | 155 | by Staff reporter
African children are wood, and water collectors for the whites: nothing has changed!
I wish I lived in another planet and certainly not planet Earth because this one has painful contradictions. Africa, especially, a continent that was ravaged by slavery for centuries. The white popula...Published: 23 Jul 2024 at 16:48hrs | 599 | by Nomazulu Thata
Dinson refutes claims 19 workers died at steel plant
The Chinese-run Dinson Iron and Steel Company has dismissed recent claims of a fatal workplace accident involving 19 workers, threatening legal action against those spreading false information....Published: 23 Jul 2024 at 07:28hrs | 988 | by Staff reporter
ZiG tames inflation in Zimbabwe
Reserve Bank of Zimbabwe Governor Dr. John Mushayavanhu informed a Parliamentary committee that the new ZiG currency, introduced in April's Monetary Policy Statement, has stabilized the exchange rate ...Published: 23 Jul 2024 at 07:14hrs | 958 | by Staff reporter
Russian investors keen on Zimbabwe energy sector
Foreign Affairs and International Trade Minister Ambassador Frederick Shava met with a Russian business delegation from the Renova Group, led by director of strategy Mr. Oleg Fomichev, to explore oppo...Published: 23 Jul 2024 at 07:13hrs | 140 | by Staff reporter
Sim card scammers arrested with dozens of mobile phone lines
Four individuals, including a husband and wife, were arrested for fraud and money laundering, having scammed three people out of ZWG223,000. The suspects - Rumbidzai Tsongora (24), Tranos Taurai Muzan...Published: 22 Jul 2024 at 15:14hrs | 966 | by Staff reporter
Zimbabwe eyes US$272 billion global cannabis market
Zimbabwe's favorable climate for cultivating high-quality medicinal and recreational cannabis, combined with appropriate regulations and robust marketing strategies, holds significant economic potenti...Published: 22 Jul 2024 at 07:49hrs | 271 | by Staff reporter
IMF unhappy with Zambia's plan to end dollar use
Zambia's proposed ban on charging foreign currency in local transactions - punishable with 10-year jail terms - might defeat its own purpose, according to the International Monetary Fund.The c...Published: 21 Jul 2024 at 10:38hrs | 16477 | by Staff reporter
Zambia seeks Zimbabwe's support for AfDB candidacy
Zambia has sought Zimbabwe's support for its candidate in the 2025 African Development Bank (AfDB) presidency elections, as disclosed by Foreign Affairs and International Trade Minister Ambassador Fre...Published: 21 Jul 2024 at 10:20hrs | 289 | by Staff reporter
'Drug culture foreign to Zimbabwe'
President Mnangagwa has expressed serious concerns about the rise of drug and substance abuse among Zimbabwe's youth, highlighting that it contradicts the nation's cultural values and the principles o...Published: 21 Jul 2024 at 10:18hrs | 127 | by Staff reporter
5 foreigners for Zimbabwe Warriors job
The Zimbabwe Football Association (ZIFA) has postponed the appointment of the new Warriors coach, initially expected this weekend, with interviews for five shortlisted foreign candidates now set for t...Published: 21 Jul 2024 at 10:14hrs | 1604 | by Staff reporter
Dynamos, Ngezi to play CAF matches in foreign land
Zimbabwe's representatives in the Confederation of African Football (CAF) inter-club competitions, Ngezi Platinum and Dynamos, are set to face significant financial challenges as they play their preli...Published: 21 Jul 2024 at 10:05hrs | 118 | by Staff reporter
Hichilema boycotts wildlife summit with Mnangagwa, Nyusi
Zambian President Hichilema Hakainde on Thursday boycotted a three-nation wildlife conservation summit in Harare in his continuing diplomatic spat with Zimbabwe's leader Emmerson Mnangagwa.Hak...Published: 20 Jul 2024 at 14:44hrs | 3170 | by Staff reporter
Zimbabwe Agricultural Society ups security for this year's edition
The Zimbabwe Agricultural Society (ZAS) says it has put steps to increase surveillance, enhance security and streamline efficiency during this year's exhibition to try and curb potential of theft, inc...Published: 20 Jul 2024 at 14:44hrs | 112 | by Staff reporter
Prophet Magaya on spending spree
Castle Lager Premier Soccer League side Yadah FC has reinforced their squad with three new foreign players as they strive to avoid relegation. Currently 14th on the league table, just above the relega...Published: 20 Jul 2024 at 11:58hrs | 375 | by Staff reporter
Zimbabwe misses mineral revenue target
Zimbabwe faces a challenging economic outlook for 2024, with economists warning of reduced foreign exchange reserves, diminished government revenue, and decreased economic activity due to lower global...Published: 19 Jul 2024 at 06:20hrs | 531 | by Staff reporter
Economic Empowerment Bill gets thumbs up
Stakeholders in Bulawayo, including small to medium enterprises (SMEs), have welcomed the Economic Empowerment Bill, which aims to replace the Indigenisation and Economic Empowerment Act with a new Ec...Published: 19 Jul 2024 at 06:16hrs | 155 | by Staff reporter
Zimbabwe hosts historic investment forum
Zimbabwe is set to host the historic SADC-Arab Bank for Economic Development in Africa (BADEA) Investment Forum on August 14, 2024, alongside the SADC Council of Ministers meeting and the 44th Heads o...Published: 19 Jul 2024 at 06:08hrs | 84 | by Staff reporter
Mliswa daughter's drug case set down for July 29
The trial date for M'diwa Chanetsa Mliswa, daughter of politician and village head Temba Mliswa, and her accomplice Tawanda Chigudu, has been set for July 29. They are charged with possession ...Published: 19 Jul 2024 at 05:58hrs | 117 | by Staff reporter
Chinese nationals deported for abusing mine worker in Zimbabwe
Two Chinese nationals have been deported for abusing a mine worker at Makanga Mine in Bindura. This action followed the circulation of a video showing the worker tied up and hanging from a loader buck...Published: 18 Jul 2024 at 18:07hrs | 978 | by Staff reporter
Zimbabwe's currency will remain fully backed by gold reserves
Zimbabwe's government will stick to what it promised when it launched a new currency in April by ensuring it remains fully backed by reserves, the central bank governor told Reuters on Wednesday, addi...Published: 18 Jul 2024 at 09:20hrs | 736 | by Staff reporter
US keen to mend relations with Zimbabwe despite Mnangagwa sanctions
The United States has expressed its readiness to enhance relations with Zimbabwe, aiming to become a reliable and consistent partner. This announcement came as new ambassadors from the US, Ireland, Ja...Published: 18 Jul 2024 at 06:25hrs | 190 | by Staff reporter
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6629 | by Staff reporter
US Ambassador Tremont meets sanctioned Mnangagwa
The new United States Ambassador to Zimbabwe, Ms. Pamela Tremont, presented her credentials to President Mnangagwa on Wednesday, officially assuming her ambassadorial role after her initial nomination...Published: 17 Jul 2024 at 16:10hrs | 722 | by Staff reporter
'ZiG scarcity a recipe for disaster'
Opposition party Labour Economists and Afrikan Democrats (LEAD) has raised concerns about the scarcity and lack of confidence surrounding Zimbabwe's newly introduced currency, the Zimbabwe Gold (ZiG)....Published: 17 Jul 2024 at 07:29hrs | 841 | by Staff reporter
Zimra wins landmark forex tax dispute
In a significant ruling, the Supreme Court has declared that taxpayers cannot avoid paying taxes in foreign currency when their income or sales are in foreign currency. This landmark decision arose fr...Published: 16 Jul 2024 at 13:33hrs | 1529 | by Staff reporter
US-based NGO Ford Foundation fingered in Kenya protests
Kenyan President William Ruto on Monday accused the US-based Ford Foundation of sponsoring "anarchy" and funding anti-government protests that descended into deadly mayhem last month.The East ...Published: 16 Jul 2024 at 07:39hrs | 936 | by Staff reporter
WATCH: Zimbabwe's Zanu-PF comments on Trump attempted assassination
Zanu-PF Information and Publicity Department Director Farai Marapira commenting on the attempted assassination of former United States president Donald Trump two days ago, saying there must not be any...Published: 16 Jul 2024 at 07:31hrs | 1067 | by Staff reporter
Chinese national filmed torturing Zimbabwean miners
Calls for the immediate arrest of a Chinese national recorded torturing locals in Bindura over alleged diesel theft are increasing. The unnamed Chinese manager at Makanga Mine was filmed tying up Zimb...Published: 16 Jul 2024 at 07:01hrs | 1528 | by Staff reporter
Sables' Africa Cup final squad named
The Zimbabwe Rugby Union is set to announce the final senior men's rugby team for the Rugby Africa Cup on Tuesday. The 28-player team will primarily consist of locally based players due to difficultie...Published: 16 Jul 2024 at 07:01hrs | 116 | by Staff reporter
Phala Phala farm scandal refuses to go away
President Cyril Ramaphosa's Phala Phala farm scandal refuses to go away.This comes after the Constitutional Court issued directives in the EFF matter to challenge Parliament's decision in 2022...Published: 15 Jul 2024 at 11:45hrs | 464 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 214 | by Samir Bhattacharya
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 53 | by Staff reporter
'Mnangagwa has no intention of stepping down'
Political opponents and critics believe President Emmerson Mnangagwa intends to stay in power beyond his presidential term, despite his recent statement that he would not extend his tenure under the "...Published: 13 Jul 2024 at 12:48hrs | 125 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 45 | by Staff writer
Mass deportation still Gayton McKenzie party's top priority
The Patriotic Alliance (PA) is not backing down on the call for mass deportation of illegal immigrants, despite them being featured in the Government of National Unity (GNU).The PA’s deputy ...Published: 12 Jul 2024 at 09:25hrs | 17 | by Staff reporter
Zimbabwe economy on the upswing, rating agency says
ICRA Rating, a UAE-based credit rating agency, has lauded Zimbabwe's economy for demonstrating impressive resilience and growth. The agency attributes this positive outlook to recent government initia...Published: 12 Jul 2024 at 09:15hrs | 28 | by Staff reporter
Govt acts against expired, underweight food products
Government has taken decisive action to address the proliferation of expired and counterfeit food products in Zimbabwe, particularly in tuckshops across central business districts. Health and ...Published: 12 Jul 2024 at 09:13hrs | 5 | by Staff reporter
Nyusi, Masisi and Mnangagwa to sign tripartite agreement
President Mnangagwa is set to attend a significant meeting in Maputo today alongside Mozambican President Filipe Nyusi and Botswana President Mokgweetsi Masisi. The purpose of the meeting is to overse...Published: 12 Jul 2024 at 09:10hrs | 30 | by Staff reporter
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