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Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 1363 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 554 | by Staff reporter
Mnangagwa gets Commonwealth leaders support in bid to rejoin bloc
PRESIDENT Emmerson Mnangagwa's efforts to get Zimbabwe back into the Commonwealth are being backed by the grouping's secretary general, Patricia Scotland, who believes he has done enough to warrant a ...Published: 21 Nov 2024 at 06:38hrs | 600 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1541 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 21 Nov 2024 at 06:21hrs | 27 | by Staff reporter
Zimbabwe boxer banned for doping
Zimbabwe's rising boxing star, Issa Aliyah Phiri, has been handed a two-year ban after testing positive for Furosemide, a prohibited substance listed under the World Anti-Doping Agency's (WADA) 2024 P...Published: 19 Nov 2024 at 08:26hrs | 130 | by Staff reporter
ZANU-PF in tatters...as Chiwenga, Mnangagwa factions loot Harare
The ZANU-PF succession infighting has torn apart Harare provincial leadership into political debris, with some land barons allegedly channelling their loot towards consolidating alliances and legitima...Published: 18 Nov 2024 at 17:02hrs | 6022 | by Gideon Madzikatidze/Simbarashe Sithole
Lawyers demand public scorecards in judges appointment
Legal experts have called for increased transparency in Zimbabwe's judicial appointment process, with a particular emphasis on publishing the scorecards used to assess candidates. The proposal aims to...Published: 18 Nov 2024 at 15:08hrs | 140 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 165 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3579 | by Tendai Ruben Mbofana
Gold glitters as Caledonia's profit after tax jumps 872%
Caledonia Mining Corporation Plc, listed on the Victoria Falls Stock Exchange, has reported a remarkable 872% rise in profit after tax to US$16.45 million for the nine months ending September 30, 2024...Published: 12 Nov 2024 at 10:57hrs | 133 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 181 | by Staff reporter
Automatic voter registration for 18-year-olds in Zimbabwe
Zimbabwe is set to introduce an automatic voter registration system for citizens turning 18, aiming to boost voter participation and streamline election processes ahead of the 2028 elections. The gove...Published: 10 Nov 2024 at 10:46hrs | 146 | by Staff reporter
Woman jailed for forging title deed in US$40,000 stand scam
Betty Makura (46), already serving a prison sentence for fraud, has been handed an additional three years behind bars after being convicted of forging a title deed to sell a non-existent residential s...Published: 09 Nov 2024 at 17:04hrs | 267 | by Staff reporter
Delta dumps normal supplies route amid Mozambique political turmoil
Despite using the shortest route for its timeous raw material distribution and chain supplies over the years, listed beverages manufacturing giant, Delta Corporation Limited, has announced political s...Published: 07 Nov 2024 at 13:02hrs | 1078 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 391 | by Rigid Kondongwe
Zimbabwe army to evict land invaders
In a bid to address the growing issue of illegal settlements on farms, the Zimbabwean government has enlisted the assistance of the army to support the police in evicting land barons responsible for c...Published: 06 Nov 2024 at 07:04hrs | 19600 | by Staff reporter
Farm input abusers face blacklist
The government has introduced stringent new measures to curb the theft and abuse of agricultural inputs under the Presidential Input Scheme, as part of its ongoing efforts to improve food security and...Published: 06 Nov 2024 at 07:03hrs | 196 | by Staff reporter
The 1km death trap on Bulawayo-Gwanda Road
A one-kilometre stretch of road along the busy Bulawayo/Gwanda Highway, just past the Kensington shops, has been dubbed a "death trap" following four accidents in the area within the last two months. ...Published: 04 Nov 2024 at 06:45hrs | 608 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 296 | by Sgtaff reporter
UK-based miner identifies potential gold in Matebeleland North
United Kingdom-based miner Ariana Resources Plc has announced promising developments at its Dokwe Gold project located in the Tsholotsho District, approximately 110 kilometers west of Bulawayo, Zimbab...Published: 28 Oct 2024 at 07:03hrs | 557 | by Staff reporter
CCC nominates Senator Chabuka's replacement
The Citizens Coalition for Change (CCC) has nominated Mrs. Midiah Kupfuma to replace the late Senator Keresencia Chabuka, who passed away in July this year. This announcement was made by Zimbabwe Elec...Published: 28 Oct 2024 at 06:56hrs | 202 | by Staff reporter
War vets company duped US$13,000
Four directors of Zvimba East Veterans Investment Company appeared before Harare magistrate Lisa Mutendereki recently, facing allegations of defrauding the company of US$13,000 through forgery. The ac...Published: 27 Oct 2024 at 12:27hrs | 103 | by Staff reporter
Zimbabwe scales up fight against fraudulent vehicle imports
The Zimbabwe Revenue Authority (ZIMRA) has enlisted the help of the police in a new operation to track down fraudulently imported vehicles in the capital. The exercise, which runs from October to Dece...Published: 24 Oct 2024 at 16:27hrs | 4186 | by Staff reporter
Innovate Change: Best Online Casinos in New Zealand | Where to Play and Win Real Money
Multiple online casinos offer players the chance to win big while enjoying their favorite games from the comfort of home. However, not all online casinos are created equal. To help Kiwi players fin...Published: 24 Oct 2024 at 14:59hrs | 184 | by Staff Reporter
Zimbabwe passports processing officer appears in court
A processing officer at the Harare Registrar General's Office, Chipo Matovanyika, appeared in court yesterday on charges of assisting four Cameroonian nationals to fraudulently acquire Zimbabwean pass...Published: 23 Oct 2024 at 07:42hrs | 280 | by Staff reporter
US investment in Zimbabwe's mining stall, Chinese investment booming
Zimbabwe's mining sector, despite being rich in natural resources, is facing challenges in attracting substantial investment from U.S. companies. Experts attribute this to policy inconsistency and cur...Published: 22 Oct 2024 at 17:16hrs | 1795 | by Staff reporter
Know your history:- Filabusi Memorial and the Edkins Store killings
Why Visit?: - This historic site remembers one of the earliest European murders of the Matabele Rebellion or First Umvukela of 1896. There seems no doubt that the initial killings occurred on ...Published: 22 Oct 2024 at 15:48hrs | 535 | by Staff reporter
Bulawayo City Council stops Egodini Terminus construction
The Bulawayo City Council has taken decisive action to address the growing lawlessness caused by kombi operators and vendors, temporarily halting the construction of Phases 1B and 2 at the Egodini Ter...Published: 21 Oct 2024 at 07:46hrs | 547 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9584 | 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 | 1427 | by Staff reporter
Zimbabwe police names and shames drug barons - list
The Zimbabwe Republic Police names and shames the listed 32 drug barons and suppliers who were convicted by the courts throughout the country:- Admire Chamwaita (26), of Mfelandawonye, Beitbridge,...Published: 17 Oct 2024 at 18:07hrs | 2283 | by Staff reporter
Frederick Shava demoted in Cabinet reshuffle?
Frederick Musiiwa Makamure Shava has been reassigned from his prominent position as Minister of Foreign Affairs and International Trade to the less influential role of Minister of Higher and Tertiary ...Published: 15 Oct 2024 at 18:46hrs | 6663 | by Staff reporter
Top Zimbabwe lawyer given ultimatum
The Law Society of Zimbabwe (LSZ) has given prominent lawyer Wilson Manase a deadline of ten days to provide an explanation for his failure to finalize the estate of the late businesswoman Jane Maisir...Published: 13 Oct 2024 at 12:43hrs | 1428 | by Staff reporter
Dexter Nduna apologises for faking graduation
Former Member of Parliament and military officer Dexter Nduna has publicly apologised after it was revealed that he had falsely claimed to have graduated from the University of Zimbabwe’s law progra...Published: 10 Oct 2024 at 16:46hrs | 2421 | by Staff reporter
Zimbabwe US$4 million heist suspects named
Police have enlisted the assistance of Interpol to help track down six armed robbers involved in a daring bank heist in Bulawayo last week, in which the gang made off with over US$4.4 million. Authori...Published: 10 Oct 2024 at 12:59hrs | 5321 | by Staff reporter
Zimbabwe police to fish out US$4m heist criminals from South Africa
Police have enlisted the help of Interpol to track down six armed robbers who made off with over US$4.4 million in a daring bank heist in Bulawayo last week. The robbers, believed to be local criminal...Published: 10 Oct 2024 at 07:42hrs | 3403 | by Staff reporter
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 299 | by Staff reporter
7 countries at risk of bankruptcy
About seven developing countries are currently in danger of facing bankruptcy or in need of a bailout due to piling debt which is slowly gearing towards a default level.Countries can file for ...Published: 09 Oct 2024 at 07:16hrs | 652 | by Staff reporter
Harare City Council uncovers $2 million scandal
A seven-member sub-committee appointed by the Harare City Council has uncovered a scandal that has cost the municipality over US$2 million in a dubious land deal. The investigation, initiated in May 2...Published: 08 Oct 2024 at 07:32hrs | 550 | by Staff reporter
NetOne CEO makes US$1bn move
NetOne, Zimbabwe's oldest mobile telecoms operator, has laid ambitious plans to achieve US$1 billion in annual revenue by 2029, despite facing challenges in accessing capital. Chief executive officer ...Published: 05 Oct 2024 at 16:35hrs | 1255 | by Staff reporter
SA-based lawyer wants proper ESG framework in Zimbabwe
South Africa-based lawyer and researcher Edwell Maposa has highlighted that the absence of a proper framework has significantly undermined the implementation of the Environment, Social, and Governance...Published: 03 Oct 2024 at 08:49hrs | 113 | by Staff reporter
Drama erupts at Harare Council Meeting as suspended town clerk shows up
Tension filled the air at the Harare Town House on Tuesday as embattled town clerk Hosiah Chisango attended an ordinary council sitting, despite being under suspension and barred from entering the wor...Published: 02 Oct 2024 at 07:58hrs | 524 | by Staff reporter
Mafume suspends town clerk Chisango
Harare mayor Jacob Mafume has suspended Town Clerk Hosiah Chisango on allegations of misconduct, including the unauthorized awarding of a street lighting tender to a blacklisted company and unlawfully...Published: 01 Oct 2024 at 14:30hrs | 291 | by Staff reporter
Supermarkets, vendors reject ZiG
In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have stopped accepting payments in the local ZiG currency. This decision follows Reser...Published: 01 Oct 2024 at 09:10hrs | 1296 | by Staff reporter
'PVO Bill to define Zimbabwe's identity'
The recently passed Private Voluntary Organisation (PVO) Amendment Bill is set to transform the regulation of civic society in Zimbabwe, Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyam...Published: 30 Sep 2024 at 07:29hrs | 204 | by Staff reporter
Fight for Gwanda mine escalates amid bribery allegations
The ongoing dispute over Vubachikwe Gold Mine has escalated, with major shareholder Forbes & Thompson accusing lawyers representing Fawcett Security Operations - a creditor seeking to ...Published: 29 Sep 2024 at 11:16hrs | 208 | by Staff reporter
Affordable apartment options in Dubai for Zimbabwean Investors
The Dubai real estate market offers a great chance for Zimbabwean investors looking for reasonably priced apartment choices since it continues to grow and thrive. The most recent figures from Bayut's ...Published: 28 Sep 2024 at 20:02hrs | 434 | by Staff Reporter
'Dexter Nduna faked his graduation'
University of Zimbabwe (UZ) Vice Chancellor Professor Paul Mapfumo has confirmed former Zanu-PF MP for Chegutu West, Dexter Nduna faked his graduation with a purported Bachelor of Laws degree....Published: 26 Sep 2024 at 17:50hrs | 3103 | by Staff reporter
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
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