Search / Free fall
Highlanders free fall continues
Former Orlando Pirates forward Terrence Dzvukamanja was the hero for Scottland FC on Sunday, netting a decisive brace to hand his side a crucial 2-1 victory over Highlanders FC in a tightly contested ...Published: 21 Jul 2025 at 12:35hrs | 308 | by Staff reporter
Dembare splashed US$126,000 on Sangomas without paying players
Zimbabwean football giants Dynamos have been slapped with a FIFA-imposed transfer ban after failing to pay outstanding dues to two Ghanaian players — despite reportedly spending a staggering US$126,...Published: 31 May 2025 at 13:47hrs | 291 | by Staff reporter
Journalism is not a crime, but looting national resources surely is!
On Monday, February 24, 2025, Blessed Mhlanga, a senior journalist with Alpha Media Holdings, handed himself over to the Zimbabwe Republic Police at Harare Central Police Station.Hours later, ...Published: 26 Feb 2025 at 22:04hrs | 623 | by Tendai Ruben Mbofana
The cancel culture is misogynistic. Mokoena must be silenced by Zanu PF!
The political culture of South Africa is not interchangeable with that of Zimbabwean political landscape. These two countries are different even in the processes of gaining their political independenc...Published: 04 Nov 2024 at 22:51hrs | 887 | by Nomazulu Thata
ZiG currency another scam
Introducing new currency every time and again is not the panacea to the challenges that the country is currently facing.The issue of currency needs a lot of input and everyone's heads on the d...Published: 19 Sep 2024 at 20:57hrs | 3810 | by Leonard Koni
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 | 9591 | by Staff reporter
It's easier to topple your mentor than run a country, isn't it Mr. President?
So, this where it has all come to? Those of us in urban areas now live without water and electricity!We are no longer any different from our compatriots in rural Zimbabwe.I may...Published: 31 Mar 2024 at 16:20hrs | 1 | by Tendai Ruben Mbofana
Why Mnangagwa cut short Mangudya's Zimbabwe Reserve Bank stay
PRESIDENT Emmerson Mnangagwa was yesterday forced to retire Reserve Bank of Zimbabwe (RBZ) governor John Mangudya a month earlier to give his successor room to come up with fresh measures to stabilise...Published: 29 Mar 2024 at 04:52hrs | 19 | by Staff reporter
Zimdollar rate decline signals move to Gold Standard
Zimbabwe, the poster child of hyperinflation, is allowing a free fall in its currency that it's no longer keen to defend and is instead working on a new exchange rate potentially backed by gold....Published: 21 Mar 2024 at 08:47hrs | 2 | by Staff reporter
Zimbabwe govt's proposed new currency reforms doomed
THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independen...Published: 25 Feb 2024 at 09:27hrs | 3 | by Staff reporter
Nelson Chamisa's Alienating 100 Page Manifesto
The Citizen Coalition for Change (CCC) lost in the 2023 electoral plebiscite, and as expected immediately rejected the results complaining the elections were "marred by vote suppression and egregious ...Published: 29 Aug 2023 at 22:29hrs | 3 | by Dr Moses Moyo
Holy Ten endorses Mnangagwa 'huchi', gets lashed
NETIZENS have fired salvos at hip hop chanter Holy Ten calling him a selfish opportunist while unanimously stripping him of the title ‘leader of the youth' after he endorsed President Emmerson Mnang...Published: 08 Aug 2023 at 06:53hrs | 10 | by Staff reporter
US$12 billion minerals export revenue surpassed says Ziyambi
President Emmerson Mnangagwa's chief election agent and Minister of Justice, Legal and Parliamentary Affairs Ziyambi Ziyambi has said export revenue in the mining industry has more than doubled, surpa...Published: 27 Jul 2023 at 06:29hrs | | by Staff reporter
Zimdollar demand soars
DEMAND for the Zimbabwean dollar continues to soar as more businesses and individuals seek to transact using the local currency, which has regained its lost value for the third consecutive time at the...Published: 05 Jul 2023 at 07:15hrs | 1 | by Staff reporter
We May Look Sane: We Are Not
I am a Zimbabwean citizen by descent. I was born and raised in this country and have lived through decades of political turmoil (just two actually), economic collapse, and social injustice. For as lon...Published: 28 Jun 2023 at 14:20hrs | 4 | by Kumbirai Thierry Nhamo
GMAZ in US6 Million loss
The Grain Milling Association of Zimbabwe (GMAZ) has lost over USD 6 million over the past three months due to the continuous loss of value of the local currency.The board's chairman, Dr Tafad...Published: 14 Jun 2023 at 18:43hrs | 4 | by Desmond Nleya
Will Zanu-PF reform under sanctions?
The US targeted sanctions on Zimbabwe are working in the sense that their effects have now reached a boiling point unlike the earlier days during the time they were imposed on the country the signs an...Published: 14 Jun 2023 at 13:42hrs | | by Leonard Koni
Zanu-PF's worst enemy
Zanu-PF parliamentary candidates and top officials have expressed concern that the country's haemorrhaging economy and currency crisis could cost the ruling party some seats in the upcoming general el...Published: 10 Jun 2023 at 17:50hrs | 1 | by Staff reporter
BREAKING: Kasukuwere to contest in the Presidential Election
Former Cabinet Minister, Saviour Kasukuwere has confirmed that he will contest in this year presidential election pencilled for the 23rd of August 2023.Talking to South African's Journalist, S...Published: 05 Jun 2023 at 10:49hrs | | by Desmond Nleya
ZB moves to lay off excess staff
ZB Financial Holdings Limited (ZBFHL) will be shedding some of its staff via a recently completed voluntary disengagement scheme, after reporting a rise in staffing costs of over 100% last year....Published: 30 May 2023 at 06:46hrs | 1 | by Staff reporter
Election buzz has not gripped Zimbabwe
ELECTION 2023, A FIRST IN 43 YEARS: As Zimbabwe holds a General Election in the Heroes & Defence Forces MonthWhen it comes to the meaning of things whose spiritual force can move mou...Published: 25 May 2023 at 18:46hrs | 2 | by Jonathan Moyo
Jonathan Moyo takes a dig at Chamisa
EXILED former Cabinet Minister Jonathan Moyo has dismissed any chance of Citizens Coalition for Change (CCC) President Nelson Chamisa unseating Zanu-PF's Emmerson Mnangagwa and declared Zimbabwe's wan...Published: 23 May 2023 at 06:48hrs | | by Staff reporter
'Zimbabwe economy has dollarised'
CROSS border traders yesterday say a move by government to lift an import ban on basic commodities will boost their business, but pointed out that they were not to stabilise the local currency....Published: 20 May 2023 at 19:58hrs | 2 | by Staff reporter
'Zimbabweans dump Zimdollar'
A MAJORITY of citizens have dumped the Zimbabwean dollar with 97% of transactions for basic commodities being conducted in United States dollars, a World Bank official said yesterday.World Ban...Published: 06 May 2023 at 06:35hrs | 2 | by Staff reporter
Bread price jumps 109% in Zimbabwe
THE average price of a standard loaf of bread shot to $1 800 which is equivalent to US$1,70 at the official exchange rate of $1 059,60 to the greenback.This represents a 109% hike on the $860 ...Published: 03 May 2023 at 06:07hrs | 2 | by Staff reporter
Businesses ditch Zimdollar
GOVERNMENT yesterday threatened to unleash the Financial Intelligence Unit (FIU) on retailers refusing payment in the local currency or limiting the number of items consumers can buy in Zimdollar, whi...Published: 28 Apr 2023 at 07:04hrs | 1 | by Staff reporter
'Zimbabwe central bank selling gold coins at a loss'
THE Reserve Bank of Zimbabwe (RBZ) is making a huge loss by selling gold coins in local currency using the official rate as the Zimbabwean dollar continues on a free fall, a local think tank has said....Published: 27 Apr 2023 at 06:32hrs | 1 | by Staff reporter
Things not looking good for Chamisa's CCC
The events that are taking place within CCC coupled with the party's defeat by Zanu-PF in the by-elections held in Binga, Gweru and Mberengwa over the weekend show that things are falling apart in the...Published: 08 Dec 2022 at 05:05hrs | 1 | by Mukachana Hanyani
Mnangagwa seeks new mandate as Zanu-PF president
President Emmerson Mnangagwa is seeking re-election as Zanu-PF leader and party presidential candidate for elections next year amid signs of discomfort within the former liberation movement over his c...Published: 22 Aug 2022 at 19:51hrs | 11 | by Staff reporter
Huge appetite for Zimbabwe gold coins
ZIMBABWE'S central bank has registered an overwhelming uptake of the Mosi-oa-Tunya gold coin after local financial institutions, pension funds, insurance companies and individuals bought the bulk of t...Published: 31 Jul 2022 at 17:51hrs | 2 | by Staff reporter
Zimbabwe banking on gold to fight inflation
With inflation soaring in Zimbabwe and the country's currency in free fall as people abandon it for the US dollar, the government of President Emmerson Mnangagwa is fighting back with a novel strategy...Published: 31 Jul 2022 at 09:13hrs | 10 | by Lesley Wroughton
Mthuli Ncube, Mangudya's unenviable task
I do not envy Finance and Economic Development Minister Professor Mthuli Ncube and the Reserve Bank of Zimbabwe Governor Dr John Mangudya.The two gentlemen must be having a torrid time....Published: 24 Jul 2022 at 09:59hrs | 13 | by Victoria Ruzvidzo
Zimbabwe mines shut out suppliers
ZIMBABWE'S mining industry warned yesterday that domestic suppliers risked being shut out of the industry's value chain after hiking prices by 100%.The price rage involves deals in United Stat...Published: 22 Jul 2022 at 10:41hrs | 13 | by Staff reporter
340km of Harare - Beitbridge highway revamp complete
AT least 340 kilometres of the Harare-Beitbridge highway have been reconstructed and opened to motorists in the past two years, officials said Friday, promising to expand the aggressive road revamp pr...Published: 17 Jul 2022 at 09:13hrs | | by Staff reporter
Zimbabwe's doctors, nurses turn mercenary
SOME public health workers, who include doctors and nurses, have reportedly devised a well-knit scam to milk cash from desperate patients to supplement their meagre salaries.Those involved all...Published: 08 Jul 2022 at 07:38hrs | 1 | by Staff reporter
Zimbabwe fuel imports drop sharply
Zimbabweans have been forced to cut on fuel spending owing to the rolling increases of the product after global petroleum prices spiked because of the Russia-Ukraine war.Statistics from the Zi...Published: 12 Jun 2022 at 09:18hrs | 9 | by Staff reporter
Mnangagwa to compensate 160,000 more war veterans, ex-detainees
The Zimbabwe government plans to pay one-off gratuities and monthly pensions to a new batch of 160,000 war veterans, war collaborators and ex-political prisoners who missed out during the first round ...Published: 22 May 2022 at 11:15hrs | 8 | by Staff reporter
'Mnangagwa's Zimdollar measures show desperation'
THE latest measures by President Emmerson Mnangagwa to halt the sliding Zimdollar are an act of desperation and are not likely to work, analysts have said.Mnangagwa's measures include br...Published: 09 May 2022 at 07:09hrs | 2 | by Staff reporter
Mthuli Ncube defends crumbling Zimdollar
FINANCE minister Mthuli Ncube has ruled out a return to dollarisation, as he maintained that huge pockets of the market required the free falling domestic unit.In an interview with Standardbus...Published: 06 Feb 2022 at 06:57hrs | 3 | by Staff reporter
Simbisa Brand rubbishes government directive
Simbisa Brands has rubbshed the call by the government of Zimbabwe to use interbank rates in its pricing system. The directive by ...Published: 19 Oct 2021 at 17:11hrs | 13 | by Shelton Muchena
CRICKET: Zimbabwe suffer heavy defeat in first Test against Pakistan
ZIMBABWE suffered heavy defeat on day three of the first Test cricket encounter against Pakistan when they were beaten by an innings and 116 runs at Harare Sports Club yesterday.After being bo...Published: 02 May 2021 at 08:40hrs | 24 | by Staff Reporter
'What good is strong party in fraying economy' - for once, Heads, povo win Tails, Zanu PF lose
Much has been said about the endless factional wars in the country's main opposition MDC ever since the party's launch in 1999. Zanu PF has suffered similar factional war with the booting out of the V...Published: 27 Apr 2021 at 06:21hrs | 1 | by Nomusa Garikai
SA lacks the will to rescue Zimbabwe
IN any discussion on the political and economic crisis in Zimbabwe, the need for South Africa's mediation to find resolution is invariably raised. Calls for South African involvement are getting loude...Published: 26 Feb 2021 at 06:52hrs | 2 | by Tendai Dumbutshena
Rushed Zim Dollar introduction cost the economy
The Zimbabwean government recently gazetted the Finance Bill (H.B.4 of 2020) which validates the fiscal changes that were tabled in the Mid-Term budget review in July 2020. The Bill amends the Gains T...Published: 22 Sep 2020 at 18:17hrs | | by Victor Bhoroma
Mugabe coup announcer emerges front-runner in Zanu-PF succession race
FOREIGN Minister Sibusiso Moyo has emerged as a centre of power in government and the ruling Zanu-PF party, and now fancies his chances of becoming Zimbabwe's next president.This was said by e...Published: 27 Aug 2020 at 07:36hrs | 2 | by newzimbabwe
ZCTU plots lunch hour protests
THE Zimbabwe Congress of Trade Unions (ZCTU) has mobilised its members to embark on lunch hour protests starting Monday to push for United States dollar based salaries in light of the free falling eco...Published: 27 Aug 2020 at 07:35hrs | 7 | by Staff reporter
'Zanu PF media ad hominem attacks on ambassadors is insulting' - remain focused and tighten screw
"President Emmerson Mnangagwa's government appeared determined to commit diplomatic hara-kiri - ritual suicide by disembowelment with a sword, which used to be practised in Japan - with its officials ...Published: 03 Sep 2019 at 15:54hrs | | by Wilbert Mukori
MDC statement on victims of torture
Following the UN General Assembly Resolution 52/149, the Assembly proclaimed 26 June as the United Nations International Day in Support of Victims of Torture. Torture is a crime under international la...Published: 26 Jun 2019 at 21:15hrs | 1 | by MDC Youth Assembly
Temba Mliswa confronts Mthuli Ncube
Norton Member of Parliament Temba Mliswa has told Finance Minister Mthuli Ncube to start producing the results because the citizens are suffering. Mliswa said the people of Norton have been as...Published: 07 Jun 2019 at 11:17hrs | 1 | by Mandla Ndlovu
'Inflation will be 10% by December' boasted Ncube - end corruption and pariah state curse
When the then Minister of Finance, Bernard Chidzero, introduced the 1990-1995 Economic Structural Adjustment Programme (ESAP) he assured the people adjustment was routine and necessary in gearing the ...Published: 04 Jun 2019 at 09:38hrs | | by Patrick Guramatunhu
Load More Stories