Search / Lending
Businesswoman fights off loan shark
A Harare businesswoman has approached the Norton Magistrates Court for an interdict against a loan shark, alleging harassment and intimidation linked to a loan she secured last year.Fungai Gol...Published: 29 Oct 2024 at 07:41hrs | 472 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1426 | by Staff reporter
EU bankrolls govt's new US$80m project
The European Union (EU) is poised to sign an US$80 million project with the Zimbabwean government, with further details expected to be unveiled next week. This announcement was made by Jobst von Kirch...Published: 17 Oct 2024 at 09:01hrs | 149 | by Staff reporter
Matebeleland South tops in diaspora remittances
Matebeleland South province has emerged as the top region in Zimbabwe for households receiving remittances or gifts from abroad, primarily due to a significant number of its youth migrating to South A...Published: 14 Oct 2024 at 08:52hrs | 706 | by Staff reporter
Zimbabwe football fraternity divided over 5 O' Levels clause
Zimbabwe's football community finds itself divided ahead of the crucial ZIFA elections scheduled for January 2025. With the Lincoln Mutasa-led Normalisation Committee's term expiring at the start of t...Published: 12 Oct 2024 at 17:42hrs | 719 | by Staff reporter
Generation Z-led initiatives transform Highlanders
In today's rapidly changing world, the importance of youth leadership and the renewal of ideas cannot be overstated, particularly in the realm of sports organisations like Highlanders Football Club....Published: 11 Oct 2024 at 15:54hrs | 140 | by Tinashe Rufu
Burning Spear confirms Zimbabwe concert
Jamaican reggae legend Burning Spear has confirmed his long-awaited performance in Zimbabwe as part of the One People Africa Tour. The concert is scheduled for October 18, 2024, at Glamis Arena in Har...Published: 05 Oct 2024 at 17:16hrs | 5719 | by Staff reporter
BAZ, central bank meet over policy interventions
The Bankers Association of Zimbabwe (BAZ) held a crucial meeting with the Reserve Bank of Zimbabwe (RBZ) governor, Dr. John Mushayavanhu, on Monday to address key policy changes from the Monetary Poli...Published: 03 Oct 2024 at 08:44hrs | 54 | by Staff reporter
Mnangagwa signs 5 aviation protocols
President Emmerson Mnangagwa has taken a significant step in supporting international civil aviation by signing five instruments of ratification and accession related to the International Civil Aviati...Published: 02 Oct 2024 at 07:48hrs | 144 | by Staff reporter
Overview of Popular Crypto Trading Platforms
Crypto Trading Platforms Over the past ten years, cryptocurrency trading has become somewhat popular since many platforms have developed to serve trader...Published: 25 Sep 2024 at 17:05hrs | 223 | by Staff Reporter
The day Sadc failed
THREE weeks ago, the regional bloc,Southern African Development Community (Sadc), hosted the 44th summit in Harare.The summit saw Zimbabwe becoming the chair of the region for the next...Published: 07 Sep 2024 at 10:12hrs | 220 | by Paidamoyo Muzulu
Zimbabwe banks reduce lending as crisis persists
Zimbabwe's banking sector is facing significant challenges that have limited its ability to lend, according to the Bankers Association of Zimbabwe (BAZ). Key issues include the absence of a le...Published: 06 Sep 2024 at 14:41hrs | 200 | by Staff reporter
Zimbabwe bans unleaded fuel
The government has introduced new regulations banning unleaded petrol in Zimbabwe to encourage the use of environmentally friendly fuel and reduce reliance on imported fuel. The ban was announced thro...Published: 31 Aug 2024 at 11:10hrs | 245 | by Staff reporter
Most Popular Luxury Watch Brands in 2024
Luxury watches have long been revered as the epitome of craftsmanship, innovation, and style. For enthusiasts and collectors, they represent more than just a means to tell time - they symbolize status...Published: 19 Aug 2024 at 17:00hrs | 197 | by Staff Reporter
Petrol and Diesel pump prices increase marginally
THE pump price of Petrol (E20) has increased by 1 cent to US$ 1,60/litre, while that of Diesel 50 has also increased by 1 cent to US$1,63/litreWith effect from 7 August, the Zimbabwe Energy Re...Published: 07 Aug 2024 at 14:25hrs | 363 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 120 | by Staff Reporter
USAid's creating its informal banking system in Zimbabwe?
Communities in Chiredzi district are benefiting from an informal banking system facilitated by the USAid-funded Savings and Internal Lending Committees (SILC) project, operated under the Resilient Anc...Published: 09 Jul 2024 at 05:54hrs | 8 | by Staff reporter
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 33 | by Nomazulu Thata
President William Ruto's poor and misguided politics! He lied to the voters
We still have voices in Africa that spell it out: That one voice comes from Ghana: Kwesi Prett Jr. does not mince words: His politics is eloquent, he understands African politics. Without fear or favo...Published: 02 Jul 2024 at 21:11hrs | 18 | by Nomazulu Thata
Zimbabwe's daily fuel consumption reaches 5 million litres
Daily fuel demand in Zimbabwe has reached 5 million litres, with petrol accounting for 2 million litres and diesel for 3 million litres, according to Dr. Sosten Ziuku, director of energy conservation ...Published: 27 Jun 2024 at 06:44hrs | 30 | by Staff reporter
Judge urges interpreters to adopt street lingo
As languages evolve and incorporate more street lingo, court interpreters face challenges in accurately translating testimony, even for judges, lawyers, and prosecutors who may be fluent in the formal...Published: 25 Jun 2024 at 10:41hrs | 12 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 79 | by Dr Bekithemba Mpofu
Microfinance sector dumps local currency
In the first quarter of 2024, the United States dollar loan portfolio in Zimbabwe's microfinance sector surged by nearly 8% to reach US$48.63 million, up from US$45.1 million in the previous quarter. ...Published: 12 Jun 2024 at 06:43hrs | 8 | by Staff reporter
Discover Binga: A hidden gem with Kabila River Lodge and Enchanting Hot Springs
Nestled in the heart of Binga, in Zimbabwe's Matabeleland North Province, lies a pristine destination waiting to be discovered: Kabila River Lodge. This true gem for nature enthusiasts, adventure seek...Published: 20 May 2024 at 18:59hrs | 23 | by Nkululeko Nkomo
Annual independent external audit for RBZ reserves
Independent external auditors shall audit Reserve Bank of Zimbabwe (RBZ) precious minerals and foreign currency reserves backing the country's new currency, Zimbabwe Gold (ZiG), once a year as part of...Published: 11 Apr 2024 at 08:32hrs | 12 | by Staff reporter
The Zimbabwe currency crisis as seen from abroad!
AS we go to press, US financial news media has become aware of the Zimbabwe financial crisis.Bloomberg news agency and the Financial Times have reported authoritatively on the events surroundi...Published: 07 Apr 2024 at 10:25hrs | 4 | by Kenneth Mafuka
RBZ scraps bank charges for low-cost accounts
IN a move meant to encourage a culture of banking, the Reserve Bank of Zimbabwe (RBZ) has announced the scrapping of bank charges for low-cost accounts.Presenting his first Monetary Policy Sta...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
Strategic Analysis of Zimbabwe's Monetary Policy and Its Implications on the Real Estate Sector
Introduction The Reserve Bank of Zimbabwe unveiled a new monetary policy aimed at stabilizing the country's currency and economy. The policy focuses on ...Published: 07 Apr 2024 at 09:17hrs | 5 | by Dr Bekithemba Mpofu
Khanondo Safaris and Tours: Delivering unforgettable african adventures
Khanondo Safaris and Tours, a premier tour operating company nestled in the bustling adventure hub of Victoria Falls, Zimbabwe, is making waves in the tourism industry with its diverse array of thr...Published: 21 Mar 2024 at 10:45hrs | 8 | by Nkululeko Nkomo
Why US sanctions on Zimbabwe 'have not worked'
The United States is a global superpower. Its political and economic reach is massive and global in character. Look back in history and you can see how the US has so often made real changes to the wor...Published: 19 Mar 2024 at 19:54hrs | | by Eddie Cross
Zimbabwe businesses note low activity
THE business sector has reported a decline in activity since the announcement of the 2024 National Budget in November last year, NewsDay Business has learnt.Most firms found the 2024 Nat...Published: 15 Mar 2024 at 07:20hrs | | by Staff reporter
Zimbabwe increases fuel prices
THE price of fuel has gone up marginally for both blend and diesel.In a statement, the Zimbabwe Energy Regulatory Authority (Zera) said diesel had increased by US2 cents to US$1,69 and blend b...Published: 06 Mar 2024 at 04:47hrs | | by Staff reporter
Uneca tells Zimbabwe to work on debt
THE United Nations Economic Commission for Africa (Uneca) deputy executive secretary programme Support Antonio Pedro says Zimbabwe needs to work on its debt to deal with its economic crises.Cu...Published: 04 Mar 2024 at 04:44hrs | 11 | by Staff reporter
EU shuts door on Zimbabwe financing
EUROPEAN Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, says the bloc will not lend to the southern African country owing to arrears even if sanctions are lifted.The EU ambassador sai...Published: 29 Feb 2024 at 05:02hrs | 1 | by Staff reporter
Money-lending company loses US$700,000 to robbers
POLICE in Harare have launched a manhunt for six armed robbers who raided a financial services company before making off with US$700 000.The suspects were armed with iron bars, explosives and ...Published: 27 Feb 2024 at 04:39hrs | | by Staff reporter
Copyright claims plague artists due to ignorance
THE legal principle ignorantia juris non excusat, meaning: Ignorance of the law is no excuse, underscores the fundamental responsibility that individuals have to abide by the law, regardless of person...Published: 22 Feb 2024 at 04:56hrs | 9 | by Clinton Chipo
CCC in uncertain waters
WE are only a month into the new year, but it already feels like it has been long. The political year has started in earnest, lending credence to the counsel of political sages: A day is a very long t...Published: 09 Feb 2024 at 10:02hrs | | by Ntando Dumani
Zimbabwe fuel prices hiked as regional fuel prices drop
The Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices with effect from 4 January 2024. South Africa's Mineral Resources and Energy Department published the official fuel price...Published: 06 Jan 2024 at 08:58hrs | 7 | by Staff reporter
Zimbabwe's ailing SOEs owe Chinese, Indian banks US$1.7billion
ZIMBABWE has accessed loans of up to USS$1.7 billion from Chinese and Indian banks to shore up technically insolvent state-owned enterprises (SOEs), a leading regional financier has revealed.A...Published: 31 Dec 2023 at 12:57hrs | 8 | by Staff reporter
Petroleum operating licenses go up in Zimbabwe
THE Zimbabwe Energy Regulatory Authority (Zera) has slightly reviewed upwards petroleum operating licences for 2024 and has urged existing and new fuel operators to renew and submit applications....Published: 29 Dec 2023 at 07:00hrs | 7 | by Staff reporter
The role of religion in Zimbabwe politics
The role of religious and spiritual dynamics, including African Traditional Religion (ATR), in Zimbabwean politics has been significant and complex. These dynamics have influenced both the historical ...Published: 19 Dec 2023 at 11:20hrs | 6 | by Josh Mhambi
World Bank hails Zimbabwe's tight Monetary Policy stance
THE World Bank (WB) has commended the Reserve Bank of Zimbabwe (RBZ) for putting in place a tight Monetary Policy alongside other interventions which have managed to ease inflationary pressures....Published: 14 Dec 2023 at 03:57hrs | | by Staff reporter
Prophet Magaya's Stadium officially opened
PRESIDENT Mnangagwa has saluted the work done by Prophet Walter Magaya on the mega-dollar Heart Stadium, which was officially opened amid glitzy and glamour in Waterfalls yesterday.The 5 000-s...Published: 12 Dec 2023 at 05:51hrs | 7 | by Staff reporter
Secrecy surrounding resource-backed loans in Zimbabwe
IntroductionTO realize the aspirations of Vision 2030, Zimbabwe needs to invest US$2 billion in infrastructure development in five consecutive years to close the infrastructure asset gap, a hu...Published: 07 Dec 2023 at 05:29hrs | 12 | by Mbongeni Nhliziyo
Man 'violates' aunt's buttocks
CONTRARY to societal norms and cultural values, Shylock Ndlovu (33) allegedly violated his aunt's physical and personal space when he forcefully entered her bedroom, assaulted her on her buttocks and ...Published: 24 Nov 2023 at 05:47hrs | | by Staff reporter
'Zimdollar here to stay'
GOVERNMENT says it will announce a clear and transparent roadmap towards de-dollarisation to avoid shocks that may hurt the economy and drive citizens deeper into poverty.The country was due t...Published: 17 Nov 2023 at 05:06hrs | 5 | by Staff reporter
Mnangagwa commissions US$7.3m plant
PRESIDENT Mnangagwa yesterday commissioned a US$7,3 million National Oil Company of Zimbabwe (NOIC) ethanol storage and handling facility, that will help save foreign currency, create employment and p...Published: 09 Nov 2023 at 05:53hrs | 8 | by Staff reporter
'Zimbabwe's hastened currency shift won't end lending crisis'
Economists suggest that the recent issuance of a Statutory Instrument (SI) extending the use of multiple currencies in Zimbabwe until 2030 may have revealed the extent of President Emmerson Mnangagwa'...Published: 03 Nov 2023 at 14:55hrs | 6 | by Staff reporter
Zimbabwe food inflation spike cause for concern
High food inflation in Zimbabwe is causing growing concern as it accounts for over a third of households' expenses, according to a report titled "Southern Africa Regional Supply and Market Outlook" by...Published: 30 Oct 2023 at 05:20hrs | 1 | by Staff reporter
Stanbic scoops three prestigious awards
Harare, 24 October 2023 - Stanbic Bank Zimbabwe scooped three prestigious awards - two at the Banks and Banking Survey sponsored by financial services institution, FCB and publishing company, Alpha Me...Published: 25 Oct 2023 at 20:39hrs | 3 | by Agencies
Load More Stories
