Search / Hay
RBZ dismisses fake news of POSB sale
The Governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, has dismissed claims that the People's Own Savings Bank (POSB) is up for sale. This follows reports suggesting that the state-own...Published: 22 Feb 2025 at 09:24hrs | 117 | by Staff reporter
Khaya Cement to de-list on ZSE
KHAYA cement is set to de-list on the Zimbabwe Stock Exchange (ZSE) as part of the resuscitation strategy amid indications that the major shareholder, Fossil Mines, will sale its shares at a loss as s...Published: 19 Feb 2025 at 20:21hrs | 370 | by Staff Reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 431 | by Staff reporter
Zimbabwe's gold coins sell for record $3,000 as bullion surges
Zimbabwe's gold coins sold above $3 000 for the first time since they were introduced almost three years ago as the price of bullion surged.The 22-carat "Mosi-Oa-Tunya" gold coins, named after...Published: 12 Feb 2025 at 06:39hrs | 734 | by Staff reporter
'Zimbabwe banks have robust cybersecurity systems'
The Reserve Bank of Zimbabwe (RBZ) has prioritized cybersecurity and artificial intelligence (AI) as critical pillars for the financial sector's growth and stability, according to its 2025 Monetary Po...Published: 11 Feb 2025 at 06:38hrs | 130 | by Staff reporter
RBZ intervenes in data pricing discrimination against ZiG
The Reserve Bank of Zimbabwe (RBZ) has moved to address concerns over discriminatory pricing by mobile network operators and internet service providers, particularly regarding their preference for tra...Published: 10 Feb 2025 at 15:28hrs | 1945 | by Staff reporter
Heavy rains lash Manicaland and Masvingo
A cloud system has brought significant rainfall to the southern regions of Manicaland and Masvingo provinces, with some areas experiencing heavy downpours.The Meteorological Services Departmen...Published: 10 Feb 2025 at 12:03hrs | 3819 | by Staff reporter
RBZ predicts inflation to trend down in 2025
The Reserve Bank of Zimbabwe (RBZ) is optimistic about continued inflation moderation, forecasting the monthly inflation rate to average 3% or less in 2025. The central bank expects the annual inflati...Published: 10 Feb 2025 at 06:31hrs | 171 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
Zimbabwe's foreign currency reserves surge by 87%
The Reserve Bank of Zimbabwe (RBZ) has reported a significant increase in its foreign currency reserves, which have surged by 87% to reach US$550 million as of January 2025. This marks a substantial g...Published: 08 Feb 2025 at 12:49hrs | 3920 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 895 | by Staff reporter
Central bank to improve design and quality of Zimbabwe Gold banknotes
The Reserve Bank of Zimbabwe (RBZ) is set to enhance the quality and design of Zimbabwe Gold (ZiG) banknotes to align with international standards, addressing public concerns over their durability and...Published: 07 Feb 2025 at 17:43hrs | 257 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 391 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Zimbabwe's retail sector faces crisis
Zimbabwe's retail sector is in crisis, with more than 1,000 jobs lost so far this year due to an escalating economic downturn, as several key players signal their intention to exit the market. Regiona...Published: 06 Feb 2025 at 09:11hrs | 1437 | by Staff reporter
Mnangagwa touches off storm over US deportations
President Emmerson Mnangagwa has caused a stir after publicly backing United States President Donald Trump's decision to deport over 500 undocumented Zimbabweans, as part of the Trump administration's...Published: 06 Feb 2025 at 08:19hrs | 705 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 350 | by Staff reporter
Zanu-PF moves to expel Geza over 'treasonous' attacks on Mnangagwa
The Zanu-PF Mashonaland West provincial executive has called for the expulsion of outspoken war veteran and central committee member, Blessed Runesu Geza, following his scathing attacks on President E...Published: 04 Feb 2025 at 16:49hrs | 203 | by Staff reporter
Harare woman wins matrimonial house dispute
The High Court has ruled in favor of Letween Kadiya, a Harare woman who was awarded US$32,500 as her rightful share from the proceeds of the sale of the matrimonial house by her estranged husband, Kud...Published: 30 Jan 2025 at 07:02hrs | 662 | by Staff reporter
Luthuli Dlamini conducts acting masterclass in Bulawayo
Bulawayo-born actor Luthuli Dlamini is currently hosting an acting masterclass at a local conference centre, drawing a sizeable crowd eager to learn from his vast experience in the film industry....Published: 29 Jan 2025 at 19:38hrs | 512 | by Staff reporter
Woman awarded US$32,500 in landmark divorce settlement
A Harare woman, Letwin Kadiyo, has been awarded US$32,500 as a divorce settlement from her husband of 10 years, Kudakwashe Naison, in a court ruling that recognised both financial contributions ...Published: 29 Jan 2025 at 08:41hrs | 285 | by Staff reporter
Chiwenga strikes again
Acting President Constantine Chiwenga has launched a pointed critique of corruption and tribalism, warning against the abuse of Zimbabwe's Vision 2030, which seeks to transform the nation into an uppe...Published: 27 Jan 2025 at 20:22hrs | 1473 | by Staff reporter
Chiwenga warns Chivhayo, tips on succession
Acting President General (Retired) Constantino Chiwenga has warned showy businessman, Wicknell Chivhayo from corruptly acquiring and splashing the c...Published: 27 Jan 2025 at 11:37hrs | 6851 | by Gideon Madzikatidze/Simbarashe Sithole
7 arrested a few hours after robbery
Seven suspected armed robbers were arrested in Harare on Monday, just hours after they raided a Southerton-based company and made off with a Nissan NP300 vehicle, a safe containing US$12,000, and othe...Published: 24 Jan 2025 at 07:27hrs | 724 | by Staff reporter
Chamisa is a CIO Project: Blue Movement a Zanu-PF creation
In CCC we have a very safe haven under the leadership of Professor Welshman Ncube and those waiting for yet to be launched political groups can wait as we move forward. The struggle is still on and fr...Published: 19 Jan 2025 at 11:59hrs | 1899 | by Gugugu Magorira
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
ANC of Ramaphosa faces critical existential crisis
South African President Cyril Ramaphosa has declared that the African National Congress (ANC), the country's ruling party and Africa's oldest liberation movement, is at a critical juncture. Speaking d...Published: 12 Jan 2025 at 12:24hrs | 511 | by Staff reporter
From Local Star to National Icon: Former Skyz Metro FM personality Khaya Moyo's thrilling radio comeback via ZiFM Stereo
Zimbabwean airwaves are set to sizzle as Khaya Moyo, the former Skyz Metro FM sensation, returns with a bang, joining ZiFM Stereo for an exciting new chapter in her illustrious radio career. Starting ...Published: 12 Jan 2025 at 12:05hrs | 475 | by George Tshuma
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 142 | by Staff reporter
Vapostori Judicial Council thwarts media claims on Chivhayo donation misfortunes
The National Judicial Council of Vapostori (NJCV) has dismissed and describes as malicious defamation of character launched by an online publication that is meant to distort philanthropic work by Wick...Published: 04 Jan 2025 at 19:11hrs | 1026 | by Gideon Madzikatidze/Simbarashe Sithole
Woman bashes niece with cooking stick
Plumtree-based woman Sifundo Hlatshayo is in trouble after she severely assisted her niece with a cooking stick over a police dispute.Hlatshayo was dragged to Plumtree magistrates courts where...Published: 02 Jan 2025 at 15:19hrs | 1467 | by Simbarashe Sithole
IsiJahunda: Death of a language, people
THERE are more than 7 000 living languages in the world, but Unesco predicts more than half will be extinct by the end of the century.IsiJahunda might be one of the tongues as the language is ...Published: 25 Dec 2024 at 08:42hrs | 1149 | by Staff reporter
'Malunga unqualified to talk about Zanu PF'
ZANU PF Youth League deputy national political commissar, Taurayi Kandishaya, has dismissed recent remarks by artist Clive Malunga about President Emmerson Mnangagwa as "reckless and baseless," arguin...Published: 25 Dec 2024 at 08:13hrs | 603 | by Staff reporter
Zanu-PF women's league hounds school head
Zanu-PF Women's League members in Chirumhanzu Ward 10 recently led a community protest aimed at removing Tonias Mushayi, the head of Chengwena Secondary School, over allegations of misconduct, includi...Published: 21 Dec 2024 at 08:44hrs | 134 | by Staff reporter
Another Inter Africa Bus accident
Passengers aboard an Inter Africa bus traveling from Bulawayo to Mtshayeli in Tsholotsho narrowly escaped a fatal tragedy this afternoon when the vehicle overturned and landed on its roof.The ...Published: 21 Dec 2024 at 08:14hrs | 411 | by Staff reporter
Zimbabwe linked girl missing in the UK
West Yorkshire Police are urgently appealing for information to help locate a 14-year-old girl, Nakai Rinomhota, who has gone missing from Roundhay, Leeds.Nakai was last seen in Chapeltown on ...Published: 20 Dec 2024 at 11:14hrs | 1187 | by Staff reporter
Bulawayo City Council's first black engineer laid to rest
Bulawayo City Council's first black electrical engineer, Jongilizwe Harold Sobantu, was laid to rest yesterday at Lady Stanley Cemetery, leaving behind a legacy of humility, faith, and remarkable cont...Published: 20 Dec 2024 at 11:08hrs | 756 | by Staff reporter
As the curtain comes down
Zimbabwe is a sun-drenched country in Southern Africa, some fifteen to twenty degrees South of the Equator. It's Central Plateau and Eastern Highlands are high, full of botanical flowers, trees, rocks...Published: 11 Dec 2024 at 19:46hrs | 303 | by Leonard Koni
Maguwu slams leadership failure following Mphoko's death
The death of former Vice President and Liberation War hero Phelekezela Mphoko in India on Friday has sparked a fierce critique of Zimbabwe's leadership, particularly the country's failure to invest in...Published: 08 Dec 2024 at 10:07hrs | 559 | by Staff reporter
Zimbabwe inflation eases
Zimbabwe's inflation rate eased significantly in November, marking a slowdown to 11.7% from 37.2% in October, according to the Reserve Bank of Zimbabwe (RBZ). The decline was attributed to the central...Published: 05 Dec 2024 at 11:08hrs | 491 | by Staff reporter
RBZ keeps rates steady
Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu has announced that the bank policy rate will remain at 35%, and statutory reserve requirements will stay unchanged, as the central bank seeks ...Published: 05 Dec 2024 at 06:55hrs | 454 | by Staff reporter
Zimbabwean Football: Greatest Players
Zimbabweans are very passionate athletes. The government pays a lot of attention to encouraging people to be more active, do sports, attend gyms and sports classes. It's very helpful for the nation to...Published: 02 Dec 2024 at 23:14hrs | 995 | by Staff Reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1228 | by Staff reporter
Boy Child: A neglected gender amid rising male suicide cases
Concerns have been raised over the neglect of the boy child, which is believed to have contributed to a rise in male suicide rates and cases of depression. Unlike the girl child, who benefits from the...Published: 01 Dec 2024 at 20:52hrs | 288 | by Stephen Jakes
Shock as Ekhaya Kip Keino Children's Home in Mat South refuses free borehole
A puzzling development in Makwe North, Matabeleland South Province, has left the community divided after Ekhaya Kip Keino Children's Home declined a free borehole offered by Lungisani Twominutes Ncube...Published: 01 Dec 2024 at 15:30hrs | 2038 | by George Tshuma
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 103 | by Staff reporter
Load More Stories
