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Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 86 | by Staff reporter
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
Serial armed robber arrested
A 42-YEAR-OLD man has appeared at the Harare Magistrates Court facing seven counts of armed robbery and one of unlawful possession of firearms.The suspect, Spencer Mapfumo, appeared before Har...Published: 07 Nov 2024 at 07:08hrs | 663 | by Staff reporter
Kwekweza on a Zimbabwe govt 'Stop List', denied ID
CITIZEN for Coalition Change activist Namatai Kwekweza has voiced frustration over being unable to replace a deteriorating identification document after being informed they were on a government "Stop ...Published: 31 Oct 2024 at 15:59hrs | 10083 | by Staff reporter
Cigarette stub started fire that destroyed NRZ coaches
The National Railways of Zimbabwe (NRZ) has confirmed that a cigarette stub caused a devastating fire that destroyed 40 decommissioned coaches at its main station in Bulawayo in September. The inciden...Published: 30 Oct 2024 at 07:58hrs | 233 | by Staff reporter
Sihlangu Dlodlo predicted his death?
The tragic passing of Sihlangu Dlodlo, the late CEO of Highlanders Football Club, has taken a chilling turn as it has emerged that he seemingly predicted his own demise in a haunting Facebook post jus...Published: 29 Oct 2024 at 07:38hrs | 896 | by Staff reporter
5 charged with multiple robbery counts, jailed
A gang of five suspected armed robbers has been arrested and charged with multiple counts of armed robbery in connection with a series of crimes committed around Harare and Chitungwiza. The suspects, ...Published: 26 Oct 2024 at 12:40hrs | 124 | by Staff reporter
Putin calls for the creation of a BRICS grain exchange
Russia's President Vladimir Putin is calling for the creation of a BRICS grain exchange.The Russian leader said this during the second day of the 16th BRICS Summit in Kazan, Russia.The...Published: 25 Oct 2024 at 08:53hrs | 271 | by Staff reporter
Robbers keep targeting Zimbabwe banks
Police have launched a manhunt for four suspected robbers who, armed with machetes and axes, raided a financial institution in the Mumvuri area of Shurugwi early Saturday morning. The gang made off wi...Published: 24 Oct 2024 at 13:12hrs | 1209 | by Staff reporter
WATCH: How big is Namatai Kwekweza's mouth?
A senior official in Zimbabwe's government has sparked outrage by ridiculing the abduction and torture of human rights activist Namatai Kwekweza during a session at the African Union's 81st Ordinary S...Published: 24 Oct 2024 at 10:02hrs | 1132 | by Staff reporter
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 541 | by Staff reporter
Armed robbers strike again in Bulawayo
In a brazen act of armed robbery, seven suspects stormed a steel company in Bulawayo on 15 October 2024, making off with $32,500 and ZAR300 in cash. The heist comes just days after a $4 million robber...Published: 18 Oct 2024 at 08:38hrs | 1762 | by Staff reporter
Police investigates theft and robbery cases in Masvingo and Bulawayo
The Zimbabwe Republic Police (ZRP) is investigating two separate cases of theft and robbery that occurred on October 16, 2024, in Masvingo and October 15, 2024, in Bulawayo, respectively.In th...Published: 17 Oct 2024 at 18:11hrs | 695 | by Staff reporter
Drunk wife kills hubby
People of Muzarabani were saddened by a suspected mentally ill wife who fatally struck her sick husband in a beer dispute.Martha Mushawemhuka (44) of Madoka village in Muzarabani allegedly mur...Published: 16 Oct 2024 at 12:34hrs | 1478 | by Simbarashe Sithole
Man kills father over witchcraft allegations
A man from Gokwe, Tinevimbo Nyika, has been sentenced to 20 years in prison after being convicted of fatally assaulting his father, Aison Nyika, whom he accused of practicing witchcraft. The tragic in...Published: 15 Oct 2024 at 08:26hrs | 174 | by Staff reporter
Zimbabwe government's continued web of lies on ZiG gold-backing exposed!
Yesterday's statement, in a ZBC interview, by Reserve Bank of Zimbabwe Governor John Mushayavanhu has sparked confusion regarding the country's new currency, the Zimbabwean Gold (ZiG). The gov...Published: 11 Oct 2024 at 08:32hrs | 2294 | by Tendai Ruben Mbofana
Gold reserves backing ZiG rise
The Reserve Bank of Zimbabwe (RBZ) has reassured the public of continued exchange rate stability, with gold reserves backing the Zimbabwe Gold (ZiG) currency now valued at over US$450 million, up from...Published: 10 Oct 2024 at 18:50hrs | 6231 | by Staff reporter
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1409 | by Tendai Ruben Mbofana
Zimbabwe migrants creating jobs, saving lives in SA
For Butholezwe Nyathi, saving lives is more than just a career; it's a mission that transcends borders. At 45 years old, the Matabeleland South native's journey took a dramatic turn in 2003 when he le...Published: 07 Oct 2024 at 08:03hrs | 495 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1338 | by Staff reporter
CCC MPs demand Mnangagwa action as ZiG devalues
Opposition Members of Parliament (MPs) have expressed frustration over the continued devaluation of Zimbabwe's local currency, the Zimbabwe Gold (ZWG), urging the government to address the nation's lo...Published: 03 Oct 2024 at 16:25hrs | 954 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 791 | by Tendai Ruben Mbofana
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 610 | by Staff reporter
BF residents fear tower light will fall on houses
Residents of Barbourfields in Bulawayo are living in fear as a tower light, compromised by stolen metal bars, teeters on the brink of collapse, endangering nearby houses and community members. The ins...Published: 03 Oct 2024 at 08:48hrs | 273 | by Staff reporter
Zimbabwe govt working on currency stability
In a comprehensive State of the Nation Address delivered yesterday at the new Parliament Building in Mt Hampden, President Emmerson Mnangagwa highlighted the government's ongoing efforts to stabilize ...Published: 03 Oct 2024 at 08:47hrs | 167 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Chinese company to build lithium refinery plant in Zimbabwe
Sinomine Resource Group Co.'s Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money due to weak metal prices."We have ...Published: 01 Oct 2024 at 15:34hrs | 1895 | by Staff reporter
Swift action by Bulawayo Fire Brigade saves trucks and buildings
The Bulawayo Fire Brigade responded promptly to a massive fire that broke out at Cotton Printers in the Belmont industrial area yesterday afternoon, managing to save three trucks and nearby buildings ...Published: 30 Sep 2024 at 07:30hrs | 770 | by Staff reporter
Mayor Coltart criticises ZiG, after sharp devaluation
On Friday, Bulawayo's Mayor, David Coltart, took to Twitter to express his concern over the sudden devaluation of Zimbabwe's newly introduced currency, th...Published: 28 Sep 2024 at 06:48hrs | 2053 | by Staff Reporter
Why does Zimbabwe attract rogue Chinese investors?
Last night, I had the honor of being one of those invited for the launch of a report, in Harare, by the Center for Natural Resource Governance (CNRG) titled, 'Chinese Investments in Zimbabwe'....Published: 27 Sep 2024 at 22:57hrs | 4972 | by Tendai Ruben Mbofana
Nyasha Magadhi: A Trailblazer in Zimbabwe's Mining Industry
Born: May 29, 2000 Occupation: Mining Entrepreneur, Consultant, Youth Advocate Founder: WeMine Zimbabwe, Ore Min...Published: 26 Sep 2024 at 17:09hrs | 1496 | by Simbarashe Sithole
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 242 | by Staff reporter
Union excited over massive job creation in the lithium sector
Zimbabwe Diamond and Allied Minerals Workers Union has expressed excitement over the massive job creation in the country due to the discovery and increased investment in the lithium mining sector....Published: 17 Sep 2024 at 21:09hrs | 333 | by Stephen Jakes
Miner sentenced to life for brutal bar attack
A High Court judge, Justice Naison Chivayo, has sentenced a Gweru artisanal miner to life imprisonment for a brutal bar attack in which he used an AK-47 Colombia knife to fatally stab one person and i...Published: 17 Sep 2024 at 06:33hrs | 591 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2769 | by Nkosi Moyo
Zimbabwe platinum output to remain stable
Platinum production in Zimbabwe is expected to remain stable this year, with global demand projected to rise by 3% to approximately 226,000 ounces, according to a report released by the World Platinum...Published: 11 Sep 2024 at 08:51hrs | 60 | by Staff reporter
A city at risk of collapsing: The cost of the search for gold in Zimbabwe
DOROTHY Moyo says a prayer every time she walks, runs, or drives around her neighbourhood in central Zimbabwe - afraid that the earth will give away from beneath her feet, dragging her underground....Published: 07 Sep 2024 at 10:21hrs | 1882 | by Staff reporter
Armed robbers raid Fawcetts vault get away with $111,000 and R1.2 million
Armed robbers went away with US$111,000 and R1.28 million after targeting a Fawcetts Security facility in Chipinge early Wednesday, police said.Investigators believe at least five armed men we...Published: 05 Sep 2024 at 11:55hrs | 1406 | by Staff reporter
Mohadi rallies mining investors
Vice President Kembo Mohadi has urged investors from Indonesia and other countries to explore mining opportunities in Zimbabwe, emphasizing the importance of local value addition and beneficiation. ...Published: 04 Sep 2024 at 07:49hrs | 58 | by Staff reporter
Zimbabwe Central Bank issues revised forex market guidelines
The Reserve Bank of Zimbabwe (RBZ), through its Exchange Control department, has issued updated guidelines and compliance parameters for the interbank foreign exchange market, emphasizing the limitati...Published: 04 Sep 2024 at 07:46hrs | 126 | by Staff reporter
Zimbabwe central bank injects US$190 million to meet forex demand
Zimbabwe's central bank has injected US$190 million into the foreign-exchange market to meet demand for dollars and maintain economic stability since the introduction of a new bullion-backed currency,...Published: 03 Sep 2024 at 14:37hrs | 465 | by Staff reporter
Zimbabweans use gold-backed ZiG to pay for 40% of transactions
Zimbabweans are using the nation's gold-backed currency for 40% of payments compared with 20% when it first started in April, Finance Permanent Secretary George Guvamatanga said.The ZiG - an a...Published: 22 Aug 2024 at 07:26hrs | 521 | by Staff reporter
Hichilema to hike Zambian electricity prices by 156%?
Zambia's energy regulator is considering an application from the state-owned power utility to increase electricity tariffs by as much as 156% as an emergency measure to cover drought-induced losses....Published: 19 Aug 2024 at 10:52hrs | 7942 | by Staff reporter
Zimplats narrows down costs
Zimplats narrowed down costs in the quarter to end June although it is still investing in capital projects such as a solar power plant that is due for commissioning and a concentrator project....Published: 16 Aug 2024 at 14:06hrs | 852 | by Staff reporter
Zimbabwean arrested in Australia for smuggling drugs
A Zimbabwean man faces life in prison following an anonymous tip that led to the seizure of nearly 900 kilograms of methamphetamine, concealed in industrial machines imported from the United States. T...Published: 05 Aug 2024 at 07:20hrs | 708 | by Staff reporter
Zimbabwe Central Bank says usage of ZiG has doubled
The use of Zimbabwe's bullion-backed currency has doubled since it was launched in early April, central bank Governor John Mushayavanhu told the country's Sunday Mail newspaper.The ZiG is now ...Published: 31 Jul 2024 at 07:07hrs | 915 | by Staff reporter
Suspected bus robbers apprehended
Three of the five suspected armed robbers who attacked a Beitbridge-bound Blue Circle bus near Rutenga, stealing over R60,000 and about US$8,000 from passengers and the bus crew, were quickly apprehen...Published: 20 Jul 2024 at 11:53hrs | 246 | by Staff reporter
Zimbabwe misses mineral revenue target
Zimbabwe faces a challenging economic outlook for 2024, with economists warning of reduced foreign exchange reserves, diminished government revenue, and decreased economic activity due to lower global...Published: 19 Jul 2024 at 06:20hrs | 538 | by Staff reporter
Armed robbers strike Beitbridge-bound bus
Five suspected armed robbers, disguised as passengers, attacked a Beitbridge-bound Blue Circle bus early yesterday morning. The robbery occurred around 2:30 am near the Neshuro turn-off in Mwenezi dis...Published: 19 Jul 2024 at 06:19hrs | 1527 | by Staff reporter
Gukurahundi genocide survivor cannot forgive Mugabe's foot soldiers
An astounding number of mass graves surround Thabani Dhlamini's home in south-western Zimbabwe.One pointed out to the BBC lies near the ablution block at a primary school in the village of Sal...Published: 17 Jul 2024 at 07:26hrs | 1161 | by Staff reporter
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