Search / Gold
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 333 | by Staff reporter
SA police hunt for Zimbabwean gold mining kingpin
The National Prosecuting Authority (NPA) has amended the indictment against eight suspects accused of involvement in an alleged illegal mining syndicate following the repeated failure of the suspected...Published: 10 Aug 2025 at 10:07hrs | 1030 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 342 | by Staff reporter
How Mutare and Manicaland were annexed from the Portuguese
First - a tributeIn carrying out the background research I have been greatly impressed by the articles written by J.C. Barnes, who taught at Umtali Boys' High School and published both in Rhod...Published: 08 Aug 2025 at 21:43hrs | 1013 | by Zimfieldguide
'ZiG outperforms regional peers'
The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...Published: 08 Aug 2025 at 13:02hrs | 290 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 157 | by Staff reporter
Mechanic sells client's wheels to pay rent!
A Bulawayo mechanic, Mukanwa Mathe (33) of Thorngrove, found himself in trouble with the law after selling a client's set of wheels for US$680 and vanishing with the money.Mathe appeared befor...Published: 08 Aug 2025 at 08:52hrs | 523 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 453 | by Staff reporter
Former CCC MP jailed
Former Citizens Coalition for Change (CCC) legislator Obert Manduna has been sentenced to four-and-a-half years in prison after being convicted of fraud involving the bogus sale of a residential stand...Published: 07 Aug 2025 at 13:11hrs | 239 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 150 | by Staff reporter
US$0.597 billion paid by Zimbabwe Treasury unaccounted for
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...Published: 06 Aug 2025 at 21:21hrs | 163 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 231 | by Staff reporter
Court interpreter arrested for fraud
A Bulawayo-based court interpreter has appeared in court facing charges of criminal abuse of office after allegedly posing as a senior court official and soliciting money to influence the release of a...Published: 05 Aug 2025 at 12:13hrs | 283 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 451 | by Staff Reporter
Mutoko locals question true benefits of granite mining
The Mutoko Rural District Council (MRDC) has praised the black granite-rich district as a key pillar of Zimbabwe's mining economy, even as local communities raise concerns over whether they are seeing...Published: 03 Aug 2025 at 18:55hrs | 182 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 251 | by Staff reporter
Chinese national shot dead in armed robbery at Zimbabwe mine
Zimbabwean police have confirmed a fatal armed robbery that occurred last Friday at Pin 3 Mine, a Chinese-owned operation in Shurugwi, Midlands Province, amid reports that a Chinese employee was fatal...Published: 02 Aug 2025 at 10:13hrs | 203 | by Staff reporter
Bindura neglects billing 1,598 households
Bindura Town Council has come under fire following revelations that it neglected to bill 1,598 households in the Garikai area for water services, resulting in a significant loss of revenue. The disclo...Published: 02 Aug 2025 at 10:12hrs | 33 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Zimbabwe's rebasing pushes GDP to US$45,7bn
The government's recent rebasing of Zimbabwe's economy has lifted its gross domestic product (GDP) valuation to US$45,7 billion and gross national income (GNI) per capita above US$3 000 - even as ...Published: 01 Aug 2025 at 08:27hrs | 264 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 382 | by Staff reporter
Zimbabwe inflation surges to 95.8%
Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...Published: 31 Jul 2025 at 12:58hrs | 330 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 247 | by Staff reporter
Tobacco, gold dominate Zimbabwe's exports
Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...Published: 29 Jul 2025 at 18:26hrs | 183 | by Staff reporter
'Doctor of Nothing: Zimbabwe's elite and the theft of knowledge'
In the hallowed halls of academia, a doctorate stands as a towering monument to intellectual endurance, sleepless nights, existential crises, and a few thousand cups of coffee brewed stronger than mos...Published: 29 Jul 2025 at 16:30hrs | 623 | by Staff reporter
Tagwirei must be stopped, says Biti
Former Finance Minister Tendai Biti has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, accusing him of plundering Zimbabwe's economy and warning that his presidential amb...Published: 29 Jul 2025 at 15:47hrs | 499 | by Staff reporter
Zimbabwe govt risks losing millions in undelivered goods
The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid fo...Published: 29 Jul 2025 at 09:04hrs | 655 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 416 | by Staff reporter
Zimbabwe's July inflation shows mixed trends
The latest inflation figures released by the Zimbabwe National Statistics Agency (ZIMSTAT) for July 2025 show a modest rise in prices for goods and services measured in both the United States Dollar (...Published: 28 Jul 2025 at 18:58hrs | 161 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 202 | by Staff reporter
Actions against the exploitation of Africa took place in Italy and Austria
Representatives of international human rights organisations went to the centers of Milan and Vienna, unfurled banners with calls saying "Europe! Stop robbing Africa!": they demanded to stop using Afri...Published: 27 Jul 2025 at 21:02hrs | 316 | by Staff reporter
Thabani Mpofu slams moral decay under Mnangagwa
Renowned constitutional lawyer and Seventh Day Adventist member Advocate Thabani Mpofu has ignited fierce debate across Zimbabwe's political and religious circles after unleashing a stinging rebuke of...Published: 26 Jul 2025 at 09:00hrs | 1052 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 787 | by Staff reporter
Heavily armed crew grabs 200 bags of ore
A heavily armed gang of 21 men launched a dramatic midnight raid on Machobeni Mine in West Nicholson on Tuesday, assaulting security guards and stealing 200 bags of gold ore in a carefully coordinated...Published: 25 Jul 2025 at 17:53hrs | 386 | by Nevanji Madanhire
Gold rush wreaks havoc in Mutare City
Mutare's Sakubva River, located near the city's bustling Central Business District, is under siege as waves of artisanal gold miners—commonly known as makorokoza - ravage the waterway and surroundin...Published: 25 Jul 2025 at 09:49hrs | 446 | 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 ...Published: 25 Jul 2025 at 09:24hrs | 228 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 820 | by Staff reporter
Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1820 | by Staff reporter
Violence breaks out at Vumbachikwe Mine as panners fight over gold
Violence broke out at the Vumbachikwe Mine in Gwanda on Tuesday morning, where illegal gold panners who are now the order of the day were fighting over gold.Since the closure of the mine in No...Published: 24 Jul 2025 at 14:45hrs | 1012 | by Stephen Jakes
Magistrate in soup for removing activist from remand
Magistrate Evia Matura is under legal scrutiny after she unlawfully released Citizens Coalition for Change (CCC) activist and legislator Obert Manduna from custody, the National Prosecution Authority ...Published: 23 Jul 2025 at 09:04hrs | 545 | by Staff reporter
John Gold, the Founder of BetPokies, is Expected to Be a Guest at the NEXT Valletta 2025 Conference
The creator of BetPokies, John Gold, is going to be a guest at the NEXT Valletta Conference in May 2025 to share knowledge and experience with professionals all aroun...Published: 22 Jul 2025 at 16:36hrs | 42 | by Staff Reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 188 | by Staff reporter
Mr Sinkwa Partners with Ten Toes to Boost Junior Football in Bulawayo
Local bread brand Mr Sinkwa has partnered with international organisation Ten Toes Africa to support junior football development in Bulawayo.The initiative, which began in early June, involved...Published: 21 Jul 2025 at 19:39hrs | 197 | by Staff Reporter
EUZ president in soup over missing funds
The president of the Educators Union of Zimbabwe (EUZ), Tafadzwa Munodawafa, has been reported to the Zimbabwe Anti-Corruption Commission (ZACC) amid allegations of embezzlement involving missing teac...Published: 21 Jul 2025 at 12:17hrs | 123 | by Staff reporter
What does Mnangagwa call a 'brutal colonial regime' when the ZANU-PF government is even more brutal?
It's often easy for the pot to accuse the kettle of being black. I am always left bewildered whenever I hear President Emmerson Mnangagwa express outrage at what he calls ‘the brutal co...Published: 21 Jul 2025 at 08:26hrs | 403 | by Tendai Ruben Mbofana
6 illegal miners killed at Mazowe Mine
Six illegal miners were killed and four others seriously injured at Mazowe Mine in Mashonaland Central on Friday when a hoist pulling them to the surface failed, sending them crashing 45 meters down a...Published: 20 Jul 2025 at 09:16hrs | 276 | by Staff reporter
Is this health justice or state overreach?
In the swiftly evolving drama of Zimbabwean healthcare, a new bill in Parliament has stirred both hope and alarm. The Medical Services Amendment Bill, championed by Justice and Parliamentary Affairs M...Published: 19 Jul 2025 at 09:10hrs | 1331 | by Kumbirai Thierry Nhamo
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1552 | by Staff reporter
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1195 | by Staff reporter
Load More Stories
