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Armed robbers hit 3 Sai Mart Shops in Bulawayo
In a brazen and coordinated operation, a gang of armed robbers hit three Sai Mart retail outlets in Bulawayo on Saturday morning, escaping with over US$4,000 in cash. The suspects were reportedly movi...Published: 14 hrs ago | 188 | by Staff reporter
Delta Corporation slams Zimra over uncertainties
Zimbabwe's largest beverage manufacturer, Delta Corporation Limited, has accused the country's tax authorities of fueling business uncertainty through what it described as the arbitrary creation of le...Published: 07 Jul 2025 at 08:47hrs | 372 | by Staff reporter
Police arrest suspects in Zimbabwe's biggest-ever cash heist
Police have made a significant breakthrough in the investigation into last year's US$4.4 million armed robbery at EcoBank in Bulawayo - the largest cash heist in Zimbabwean history.Bulawayo pr...Published: 04 Jul 2025 at 10:48hrs | 763 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1725 | by Staff reporter
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 245 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Zimbabweans lose money to bogus Bitcoin trading company - InnBucks, Ecocash abused in the racket to lure unsuspecting clients
Scores of Zimbabweans have fallen victim to a bogus trading platform syndicate that advertises on Facebook as InnBucks Investment to lure people into depositing their money through Ecocash into an ind...Published: 08 Jun 2025 at 11:00hrs | 1166 | by Stephen Jakes
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2456 | by Roland Mpofu I iol
Money transfer agency teller in US$4,700 and ZAR600 theft
A teller employed by Zimsend, trading as Hello Paisa, has been sentenced to community service after being convicted of stealing US$4,705 and ZAR600 from her employer.Christwish Machamacha (47)...Published: 28 Apr 2025 at 12:04hrs | 34 | by Staff reporter
900 candidates linked to suspected Zimsec paper leak
In a shocking development ahead of the upcoming Zimbabwe Schools Examination Council (Zimsec) Ordinary and Advanced Level examinations, approximately 900 candidates have been linked to a suspected exa...Published: 15 Apr 2025 at 08:49hrs | 2477 | by Staff reporter
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 86 | by Staff reported
OK Zimbabwe reverses Bulawayo branch closure decision
Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, with a new business model that converts the outlet into a wholesale facility with lower operating co...Published: 21 Mar 2025 at 09:14hrs | 403 | by Staff reporter
NetOne's OneMoney aims to revolutionise financial inclusion in Zimbabwe
NetOne's mobile financial services subsidiary, ONE Money, is set to transform financial inclusion in Zimbabwe by offering a suite of innovative products and services designed to reach the country's un...Published: 01 Mar 2025 at 09:20hrs | 1239 | by Staff reporter
Duo hack Access Forex system, steal $220, 000
A Mutare man and his accomplice appeared in court yesterday facing allegations of hacking into the Access Forex system and fraudulently withdrawing US$220,000 last year.Ngonidzashe Lison Dhubi...Published: 22 Feb 2025 at 09:31hrs | 751 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1071 | by Tendai Ruben Mbofana
4 suspects arrested over Mukuru Booth robberies
Four more suspects have been arrested in connection with a series of armed robberies targeting Mukuru money transfer booths across Harare and nearby areas.The suspects, Joseph Bilson Makoni (3...Published: 15 Jan 2025 at 05:47hrs | 979 | by Staff reporter
'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 | 922 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 176 | by Staff reporter
Harare bustles with last-minute Christmas shoppers
Harare was a hive of activity yesterday as shoppers crowded the city's stores for last-minute Christmas purchases, while hundreds of travelers rushed to rural areas to reunite with their families ahea...Published: 24 Dec 2024 at 12:38hrs | 160 | by Staff reporter
Another Mukuru Money Transfer agency robbed
Armed robbers fired a warning shot and made off with an undisclosed amount of money from a Mukuru Money Transfer agency at Kamunhu Shopping Centre in Mabvuku yesterday.The dramatic incident le...Published: 21 Dec 2024 at 08:12hrs | 173 | by Staff reporter
Zimbabwean Nationals are a target of international cyber criminals
As more and more Zimbabweans embrace the digital economy, the rise of cybercrime has become a significant concern for its citizens. With increasing internet penetration, more individuals are engaging ...Published: 20 Dec 2024 at 12:19hrs | 316 | by Jacob Kudzayi Mutisi
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 502 | by Staff reporter
Mukuru agency robbers on the run
Police are intensifying their search for a gang of armed robbers who targeted a Mukuru Money Transfer agency at Makomva Shopping Centre in Glen View, Harare, on Monday morning. The gang made off with ...Published: 19 Dec 2024 at 16:37hrs | 136 | by Staff reporter
Mukuru agency loses US$2 700 to armed robbers
A gang of armed robbers struck a Mukuru Money Transfer agency located at Makomva Shopping Centre in Glen View, Harare, yesterday morning, escaping with over US$2,700 and R2,350. The daring heist occur...Published: 17 Dec 2024 at 06:27hrs | 892 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 449 | by Staff reporter
Baby-selling trio denied bail
A 47-year-old woman from Murehwa accused of helping her 16-year-old daughter sell her new-born baby for US$180 has been denied bail by Harare regional magistrate Marehwanazvo Gofa.The woman, h...Published: 04 Dec 2024 at 06:38hrs | 86 | by Staff reporter
4 armed robbers steal over US$46,000 and R924,000 in heist
In a daring robbery that has sent shockwaves through the community, four armed robbers raided a money transfer outlet in Ngundu on November 25, 2024, making off with more than US$46,300 and R924,000 i...Published: 28 Nov 2024 at 18:05hrs | 1184 | by The Herald
Zimbabwe introduces taxes on pizza, burgers, fries
Finance Minister Mthuli Ncube has announced a new 0.5% tax on fast foods and a 10% withholding tax on sports betting winnings, set to take effect on January 1, 2025. The measures, unveiled during...Published: 28 Nov 2024 at 16:17hrs | 2288 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1090 | by Staff reporter
Zimbabwe police close in on suspects in US$4.4 million Bulawayo heist
Police have made significant strides in their investigation of the US$4.4 million armed robbery in Bulawayo last month, believed to be the largest bank heist in Zimbabwe since independence.Six...Published: 16 Nov 2024 at 14:24hrs | 1622 | by Staff reporter
5 reasons Zimbabwean diaspora should choose Remitly
The flow of remittances to Zimbabwe is substantial, with diaspora remittances estimated at over US$1 billion annually, accounting for approximately 16% of the country's total foreign exchange receipts...Published: 11 Oct 2024 at 16:00hrs | 363 | 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 | 5407 | 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 | 3454 | by Staff reporter
Chiwenga says Zimbabwe's monetary policy is in line with SADC integration
Zimbabwe's advancements in the gold sector, including the adoption of a floating exchange rate framework, align closely with the Southern African Development Community's (SADC) goal of achieving regio...Published: 14 Sep 2024 at 16:13hrs | 910 | by Staff reporter
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 101 | by Staff reporter
Zimra faces significant debt
The Zimbabwe Revenue Authority (Zimra) faces a significant debt of US$421.4 million and ZiG854.72 million from both private companies and public institutions by the end of the first half of 2024. The ...Published: 02 Aug 2024 at 07:04hrs | 219 | by Staff reporter
Mliswa daughter's drug case set down for July 29
The trial date for M'diwa Chanetsa Mliswa, daughter of politician and village head Temba Mliswa, and her accomplice Tawanda Chigudu, has been set for July 29. They are charged with possession ...Published: 19 Jul 2024 at 05:58hrs | 124 | by Staff reporter
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6716 | by Staff reporter
Cost-cutting money transfer facility launched
In the wake of liquidity crunch, economic meltdown and massive transaction taxation on remittances, TX Money Transfer has been launched this Wednesday to ease doing of business.The facility ha...Published: 11 Jul 2024 at 14:36hrs | 216 | by Edson Mapani in Buhera
TX Money Transfer vow to end 'hidden costs' in remittance market
Bard Santner, a prominent financial services firm specializing in asset management, corporate finance, and wealth management, has launched TX Money Transfer, a new remittance platform aimed at revolut...Published: 11 Jul 2024 at 07:30hrs | 14 | by Staff reporter
New player enters Zimbabwe money transfer market
A new money transfer service provider, TX Money Transfer, was launched today and is promising a more reliable, transparent and efficient experience for the transacting public.TX Money Transfer...Published: 10 Jul 2024 at 15:29hrs | 11 | by Staff reporter
NetOne loses ZiG285 000 to hacker
NetOne Cellular allegedly lost ZiG285,817 to a suspected hacker who exploited the RTGS to ZiG currency conversion from April this year. Takunda Gwaranda (21) appeared before Harare magistrate Mr. Denn...Published: 28 Jun 2024 at 07:39hrs | 46 | by Staff reporter
Robbers steal US$21,000 from Mukuru
Three unidentified armed robbers executed a robbery at a Mukuru money transfer agent in Gweru, Zimbabwe, on June 19, stealing over US$21,000 and R14,000, according to police reports. Midl...Published: 22 Jun 2024 at 11:42hrs | 15 | by Staff reporter
Bus conductor in court for sex slavery trafficking
A conductor employed by the prominent bus company Rimbi Tours has been arrested for allegedly trafficking a 16-year-old girl to Cape Town and selling her into sex slavery.Levie Tsongo, 37, of ...Published: 05 Jun 2024 at 13:06hrs | 18 | by Staff reporter
Mutsvangwa's son to spend more time in remand prison
High Court judge Justice Esther Muremba has opted to recuse herself from Neville Mutsvangwa's bail hearing, citing personal reasons for her decision.Neville is the son of Women Affairs Ministe...Published: 28 May 2024 at 09:51hrs | 4 | by Staff reporter
Mutsvangwa's son to spend second weekend in custody
Christopher Mutsvangwa's son Neville will remain in remand prison for another weekend as the High Court has reserved judgment on his bail appeal. Mutsvangwa faces three charges of illegal foreign curr...Published: 18 May 2024 at 10:49hrs | 16 | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
ZiG is putting lipstick on a pig, says Biti
The Reserve Bank of Zimbabwe (RBZ) on Friday introduced a new currency to be known as the ZiG, which stands for Zimbabwe Gold.RBZ governor John Mushayavanhu said the ZiG would be structured an...Published: 07 Apr 2024 at 10:31hrs | 29 | by Staff reporter
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