Bulawayo24 News - Skyes! "it makes perfect sense"

RBZ exposes massive money laundering

The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money laundering, tax evasion, and smuggling beyond t…

Published: 18 Jul 2025 at 14:40hrs | 1555 | by Staff reporter

Woman steals US$5k, uses loot to pay sangoma in bid to avoid arrest

A 33-year-old woman from Penhalonga has been convicted of stealing US$5,000 from her employer and using part of the stolen cash to pay a traditional healer in a desperate attempt to avoid arrest through spiritual means.Shylet Maposa, of Re…

Published: 16 Jul 2025 at 13:13hrs | 470 | by Staff reporter

Internal disputes rock Highlanders

Premiership side Highlanders Football Club continues to grapple with internal conflicts as revelations emerge about questionable financial practices within the club's executive. Reliable insiders have disclosed that some executive members …

Published: 05 Jul 2025 at 15:32hrs | 1 | by Staff reporter

Here's who won Zimbabwe govt's biggest road tenders

The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? FossilFossil Contracting landed a US$363 million contract to…

Published: 04 Jul 2025 at 14:30hrs | | by Staff reporter

Jonathan Moyo warns against use of money in Zanu-PF

Former Zanu-PF politburo member, cabinet minister, and MP Professor Jonathan Moyo has issued a cautionary statement on the limitations of wealth in politics, saying money may be influential, but it cannot purchase either love or power.Taki…

Published: 01 Jul 2025 at 15:04hrs | 4255 | by Staff reporter

Dr Guramatunhu loses money in cryptocurrency scam

Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly lost more than US$583,000 in a cryptocurrency scam allegedly orchestrated by a business associate and her husband, a Harare court heard yesterday.The accused, Melissa Messe Sam…

Published: 25 Jun 2025 at 15:20hrs | | by Staff reporter

Mawarire accuses Mnangagwa of 'monetising problems'

President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former National Patriotic Front (NPF) spokesperson J…

Published: 18 Jun 2025 at 19:30hrs | 1137 | by Staff reporter

Man loses US$280,000 in daring bedroom wardrobe break-in

A 39-year-old man from Madokero, Harare, is counting heavy losses after an audacious house break-in saw him robbed of US$280,000 in cash.The Zimbabwe Republic Police (ZRP) confirmed the incident, which took place on May 30, 2025.According …

Published: 01 Jun 2025 at 14:44hrs | | by Staff reporter

The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves

Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque shadow of what it was divinely intended to be. W…

Published: 13 Apr 2025 at 11:11hrs | 12 | by Tendai Ruben Mbofana

Bulawayo requires US$38,000 for refuse trucks

Bulawayo Mayor David Coltart has disclosed that the local authority requires US$38,000 to fully restore its refuse collection fleet.Speaking at the Bulawayo Economic Development Conference on Thursday, Coltart emphasized the need to addres…

Published: 12 Apr 2025 at 09:09hrs | 60 | by Staff reporter

US$4.5 million mysteriously disappeared from Harare City Council

More than US$4.5 million has inexplicably vanished from the Harare City Council (HCC) through its subsidiary, Harare Quarry, sparking an investigation into rampant corruption within the local authority.The missing funds were originally all…

Published: 06 Feb 2025 at 16:04hrs | | by Staff reporter

Chivayo proves that the love of money is the root of all evil

The pursuit of wealth and material possessions has long been a source of fascination, aspiration, and, indeed, controversy throughout human history. The Bible succinctly captures this paradoxical relationship in 1 Timothy 6:10, stating, "T…

Published: 13 Jan 2025 at 13:32hrs | 1508 | by Tendai Ruben Mbofana

Harare man killed over US$1

A man from Harare has tragically died from injuries inflicted during a dispute over a small sum of money, following a disagreement with his drinking mates over US$1 meant for change. Arnold Moses, one of the suspects involved in the assaul…

Published: 22 Dec 2024 at 11:05hrs | 389 | by Staff reporter

Teenage Hadebe rakes in big earnings at FC Cincinnati

Zimbabwe international soccer player Teenage Hadebe is undoubtedly making waves both on and off the field, with his Major League Soccer (MLS) contract at FC Cincinnati showing impressive figures that reflect his growing stature in the game…

Published: 23 Nov 2024 at 12:43hrs | 1328 | by Staff reporter

Trade unionist arrested for theft of US$5 100 workers monies

A trade union representative has found himself in the dock after being accused of stealing from the very workers he was meant to represent and protect.Pardon Mangena (55), a member of the Zimbabwe Federation for Trade Unions (ZFTU), appear…

Published: 23 Nov 2024 at 12:42hrs | 2 | by Staff reporter

South Africa plans to say goodbye to cash?

Despite the surging adoption of contactless payments in South Africa, more than half of the country still relies on cash as their dominant payment method, and the digital divide is slowing the migration to digital currencies.South Africa's…

Published: 29 Oct 2024 at 13:54hrs | 2 | by Staff reporter

Zimbabwe chief loses car, money to robbers, left tied with a rope

Chief Marupi of Gwanda South is counting his losses after a gang of robbers stormed his homestead in the early hours of today, tying him up and fleeing with his car and over R1,000 in cash.The robbery occurred shortly after midnight, and t…

Published: 12 Oct 2024 at 17:38hrs | 1225 | by Staff reporter

2 arrested for allegedly manufacturing fake money

Two men have been arrested for allegedly manufacturing counterfeit US dollar and rand currency from a house in Pretoria.Jude Yaya Oka and Evans Akor Tiku were arrested on Tuesday by the Pretoria-based Hawks' Serious Organised Crime Investi…

Published: 06 Sep 2024 at 07:42hrs | 298 | by Staff reporter

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 revolutionizing the sector with enhanced relia…

Published: 11 Jul 2024 at 07:30hrs | 2 | 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 said their key focus is on reliability, ensuri…

Published: 10 Jul 2024 at 15:29hrs | 11 | by Staff reporter

Tshabangu faction gets CCC political party funds

The Citizens Coalition for Change (CCC) faction led by Professor Welshman Ncube has secured the opposition party's share of government funds allocated under the Political Parties (Finance) Act. This resolution follows months of intense lob…

Published: 02 Jun 2024 at 09:05hrs | 3 | by Staff reporter

Cop steals US$25,000 robbery money

A POLICE officer, who allegedly stole US$25 000 from security guards who had picked money dropped by fleeing armed robbers, yesterday appeared before Harare magistrate Donald Ndirowei facing a theft charge.Prosper Chimbumu (33) who was on …

Published: 26 Mar 2024 at 06:34hrs | 4 | by Staff reporter

Wicknell Chivayo's US$5 million spending binge

FOR Wicknell Chivayo, money seems to grow on trees.Never the one to be shy to ostentatiously display his wealth, Chivayo, who likes to call himself Sir Wicknell, has of late been on an unrelenting spending spree, splurging on the latest hi…

Published: 04 Feb 2024 at 17:36hrs | 47 | by Staff reporter

Tshabangu goes after CCC's share of political parties' funding from govt

CITIZENS Coalition for Change (CCC) self-imposed secretary general Sengezo Tshabangu has struck again, this time requesting the opposition party's Political Parties' Funding share.He wrote a letter to the secretaries of Finance and the Jus…

Published: 10 Nov 2023 at 06:47hrs | 12 | by Staff reporter

Zimbabwe needs wisdom more than money

IN my opinion, Zimbabwe does not need to borrow money from anyone. The money is there in the country, what is needed at the moment is to get the right things in the right places.President Emmerson Mnangagwa's administration should sell all…

Published: 21 Feb 2023 at 05:52hrs | 2 | by Rudo Munei

Zimbabwe securocrats asked to account for proceeds of DRC war

INDEPENDENT Norton legislator, Temba Mliswa has challenged securocrats to account for "proceeds" from Zimbabwe's participation in the Democratic Republic of Congo (DRC) war of the late 1990's.Late Laurent Kabila, the then DRC president, so…

Published: 31 Oct 2022 at 05:03hrs | 4 | by Staff reporter

Interest rate hike haunts black market kingpins

Interventions by the Reserve Bank of Zimbabwe (RBZ) to stem prolonged currency battering have sent black market rates tumbling by over 50 percentage points within a month, Inter Horizon Securities (IH) has said, but cautioned against early…

Published: 16 Aug 2022 at 06:40hrs | 2 | by Staff reporter

Strive Masiyiwa eyes US$500m for expansion

Zimbabwe-born billionaire Strive Masiyiwa, who runs firms including Africa's largest fibre-optic cable network, plans to raise as much as US$500-million to expand his digital infrastructure and services businesses.The tycoon's Cassava Tech…

Published: 24 Jul 2022 at 10:02hrs | 2 | by Staff reporter

'The Reserve Bank of Zimbabwe is not creating money'

The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, and their implications. Read on  .…

Published: 05 Jun 2022 at 09:00hrs | 3 | by Staff reporter

'Zimbabwe Reserve Bank is not creating money'

The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, and their implications. Read on  .…

Published: 22 May 2022 at 08:26hrs | 14 | by Staff reporter

A fool and his money are soon parted!

The cash taps have well and truly been turned on.It seems hardworking Zimbabweans in faraway lands have been doing their bit to support family and friends back home, including bankrolling potentially rewarding business ventures and project…

Published: 15 May 2022 at 06:10hrs | 5 | by Bishop

BCC must stop stealing from ratepayers

WRITE this letter to express my disappointment with the Bulawayo City Council.I am a resident in the city and have always honoured my bills despite the exorbitant charges.I never miss a month without paying my bills. Last month I paid $7 2…

Published: 26 Apr 2022 at 08:24hrs | 1 | by Concerned Bulawayo resident

Zimbabwe a country with no coins, US$1 is more useful than US$100

ADRIANA Siwela, a 25-year-old college student in Harare, thought she could dash into a shop for a quick purchase of a US$2 packet of biscuits. But the cashiers sent her away. Her US$20 bill is considered "big money" in Zimbabwe these days …

Published: 23 Feb 2022 at 05:49hrs | 18 | by Staff reporter

Zimbabwe ranked among high-risk money laundering countries

RELEASED on September 13, 2021, the 10th Basel anti-money laundering index showed Zimbabwe scored 6,78 out of 10 (where 10 indicates the highest risk level) and has landed in the top 12 of the unenviable list of the high-risk money launder…

Published: 15 Sep 2021 at 05:49hrs | 18 | by Prosper S Maguchu

Unfortunately, you can now buy counterfeit money online

DUE to the Covid-19 outbreak counterfeiters of United States dollars and South African rands have now moved from the streets to online.There is now always a website that is ready to sell and deliver whatever amount of counterfeit United St…

Published: 13 Aug 2021 at 06:45hrs | 18 | by Jacob Mutisi

Money for pregnant schoolgirls out soon

The Ministry of Primary and Secondary Education has said it will soon start providing money to enable pregnant girls to continue with their education after Treasury allocated $123 million for the programme in the 2021 national budget.Part …

Published: 20 Dec 2020 at 23:23hrs | 1 | by Staff Reporter

Money is not evil, it is the root of all evil

Is it a cheerful smile or gleeful facade of evil? Relatives or acquaintances, watch how they  ogle at your kids. The horrific and gory murder of seven year old Tafadzwa Makore by familiar faces in rural Mrehwa is both heart wrenching …

Published: 11 Oct 2020 at 09:58hrs | 4 | by Tondo

Reports that Gems are receiving the shorter end of the monetary stick are disturbing

Some career political propagandists are now so desperate for 'musical chairs' on the political arena that social media is ablaze with hilarious comments and derogatory satirical caricature. 'Twimboz' are busy throwing brickbats and mud at …

Published: 22 Jul 2019 at 12:16hrs | 1 | by Thomas Murisa

Zanu-PF has our Money!

We were pleased to host President John Magufuli of Tanzania these past two days and he was kind enough to Cde Crocodile to speak the Zanu-PF party line and call for an end to sanctions on Zimbabwe, saying they hindered development and prog…

Published: 31 May 2019 at 09:01hrs | 1 | by GoodNess Nwachukwu

Key ways of making money

Before we start to talk in earnest about managing money, we must know where it comes from, how the ordinary person gets it. This is what we call income. You can make money in more ways than one and within those ways from more sources than …

Published: 28 Apr 2019 at 10:45hrs | 1 | by Kudzai Mubaiwa

Time is right for alternative money

THE controversy surrounding the introduction of another local currency continues unabated. This time it was the former Finance minister, Tendai Biti, who ignited the current debate when he announced government's imminent plan to launch ano…

Published: 15 Feb 2019 at 08:24hrs | 19 | by Zimwara

Maimane's money & monkey tricks

Last week the South African opposition Democratic Alliance (DA) leader, Mmusi Maimane handed a letter to the Zimbabwean embassy in that country requesting to meet President Emmerson Mnangagwa over the latter's fuel price increase announcem…

Published: 06 Feb 2019 at 08:10hrs | 1 | by Staff reporter

Money is not the only solution to Zimbabwe's problems

Money has become central to how our authorities are conceptualising and defining solutions to our problems. This is why there is so much effort by Finance minister Mthuli Ncube to secure credit lines and foreign investors.It is assumed tha…

Published: 04 Feb 2019 at 08:07hrs | | by Tapiwa Gomo

Money is the root of all evil

We all use money every day and yet few of us really understand what these bits of paper or cotton or simply figures in a ledger really mean. But we know the stuff is important.In economic terms, the answer is actually quite simple, the stu…

Published: 12 Nov 2018 at 05:38hrs | | by Eddie Cross

My question to Finance Minister - I smell a rat!

My question to you Prof Ncube is: if the RBZ of Zimbabwe is not the source of our problems, as you confidently defends, can you explain how these brand new bond notes end up in the hands of those who move around changing money? 2. The quan…

Published: 22 Oct 2018 at 07:10hrs | 2 | by Isaac Nkomah

Money Laundering Bill to stem externalisation

Two important draft pieces of legislation were gazetted last week, paving the way for their introduction in Parliament.They are the Companies and Other Business Entities Bill, and the Money Laundering and Proceeds of Crime (Amendment) Bill…

Published: 05 Oct 2018 at 06:50hrs | 2 | by John Makamure

Money transfers tax a threat to financial inclusion

Announcing fiscal measures on Monday, Finance and Economic Development minister Mthuli Ncube said the intermediated money transfer tax had been reviewed from five cents per transaction to two cents per dollar transacted, effective October …

Published: 04 Oct 2018 at 05:49hrs | | by David Mhlanga

Mthuli Ncube's biggest headache

NEWLY-appointed Finance minister Mthuli Ncube entered the national political scene with a lot of verve, making very ambitious pronouncements, including the scrapping of the bond note, among other lofty proposals that initially sounded like…

Published: 21 Sep 2018 at 14:33hrs | 1 | by Zimind Comment

Diaspora money breaks family

THERE was drama at the Mutare Civil Courts recently after a 29-year-old man engaged in a heated verbal war with his mother over money that is being sent home by his sister from the Diaspora.Before, during and after the court process, Mathi…

Published: 13 Jul 2018 at 06:45hrs | 2 | by Staff reporter

Why digital money makes sense

William Arthur Ward was an American who contributed a lot to the Reader's Digest. His main genres were inspirational maxims and meditations and poems. One of the things he said was: "A pessimist complains about the direction of the wind, a…

Published: 19 Jun 2018 at 06:56hrs | | by Nick Mangwana

Search / Money

Bulawayo water shortages a critical problem

Nyambirai stirs succession troubled waters

Zanu PF appoints new Director General

Dangote to invest US$1 billion in Zimbabwe

Zimbabwe speeds up mercury phase-out

Girls warned against visiting 'prophets' alone

Domestic worker fined for assaulting employer's toddler

Baby dies after slipping from mother's back as parents fight

Govt approves 5,000 health posts to boost sector capacity

Police arrest suspect in fatal shooting of officer

Minister's aide arrested over gun at Zanu PF Conference

Mnangagwa critic arrested in US$10,000 trap

Chivayo gifts comedian US$150,000 for 'making Mnangagwa laugh'

Dembare edge Bosso on penalties

Man rapes woman at axe point

Security guards convicted for stealing company truck

US flags Zimbabwe's rigid labour laws

Cameroon elects world's oldest president at 92

ZIMSWA applauds push to decriminalise sex work in Zimbabwe

CCC MP Hwende Commends President Mnangagwa for Recognizing ZINARA’s Accountability Progress

Cyclones predicted

Fired cops reinstated after 10-year legal battle

Zanu-PF UK women donate sewing machines to Mnangagwa's wife

Zimbabwe approves scheme to protect workers in diaspora

ZRA warns ZESCO over excessive water use at Kariba dam

'Incompetent' magistrate banned from criminal trials

Mnangagwa launches book on Zimbabwe's economic revival

Pupil kidnapped, sexually violated

Cop fatally shot at police station

2 dead, several injured in head-on crash

There is no constitutional loophole

5 Zimbabweans convicted in £300,000 NHS fraud in UK

Extending Zimbabwe's Presidential term of office

Cyclones predicted

Cameroon elects world's oldest president at 92

Charamba 'explains' the Catholic land saga

Man rapes woman at axe point

Fired cops reinstated after 10-year legal battle

Mnangagwa's camp left in disarray

'Incompetent' magistrate banned from criminal trials

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