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Undenge's trial deferred
The trial of former Energy minister Samuel Undenge, who is facing allegations of corruption, was yesterday moved to November 19 due to non-availability of the State's last witness.While seekin...Published: 39 mins ago | 34 | by Staff reporter
Butchery manager lucky to be alive as armed robber strikes
A manager at a local butchery is lucky to be alive after an armed robber allegedly jumped into his car in the city centre and forced him to drive to Montrose suburb before robbing him of $7 000. ...Published: 57 mins ago | 173 | by Staff reporter
3 money changers appear in court
THREE suspected money changers, all women, appeared in court yesterday for allegedly violating the country's Exchange Control regulations. Thelma Moyo, Chipo Muteswa and Rebecca Kurekwechuma a...Published: 58 mins ago | 293 | by Staff reporter
Money changers desert Bulawayo streets
ILLEGAL money changers in Bulawayo have devised new tricks to evade arrest following President Emmerson Mnangagwa's promulgation of new regulations that may see offenders being jailed for up to 10 yea...Published: 59 mins ago | 235 | by Staff reporter
A timeline of how Zimbabwe lost its currency
Today, November 14, marks the 21st anniversary of "Black Friday", the day the Zimbabwe dollar crashed in 1997.We track the Zimdollar's collapse from that fateful November day, and the many des...Published: 15 hrs ago | 1863 | by newZwire with The Source
Illegal forex traders desert their usual selling points
The hordes of illegal foreign currency traders who had made the streets of Harare their home are increasingly becoming a rare sight, as President Emmerson Mnangagwa's abatement measures take effect....Published: 17 hrs ago | 3712 | by Staff reporter
Air Zimbabwe rot exposed
An audit report on the operations of the Air Zimbabwe (Private) Limited has unearthed massive unaccounted leakages of funds that could have prejudiced the parastatal of millions of dollars.Acc...Published: 17 hrs ago | 1509 | by Staff reporter
Zimbabweans to explain deposits of more than $10,000
President Emmerson Mnangagwa has promulgated Statutory Instrument 246 of 2018, Presidential Powers (Temporary Measures) Amendment of Money Laundering & Proceeds of Crime Act & Exchange Control...Published: 18 hrs ago | 9609 | by Ndou Paul
Mnangagwa's govt and Zimbabwe banks should carry own cross
If there is anything that we could learn from the global economic crisis of 2008, it is that excessive risk-taking, manipulation and poor hedging often result in huge enterprise and economic losses. T...Published: 21 hrs ago | 2024 | by Equity Axis
WATCH: Air Zimbabwe - The World's Most Dangerous Airline?
Aviation blogger Sam Chui's journey around the world reviewing airlines took him to Zimbabwe.Chui discovered a very Zimbabwean tradition: "burning money". By changing his valuable United State...Published: 23 hrs ago | 2467 | by youtube
Chamisa struggles to pay polling agents
THE MDC Alliance in Midlands is struggling to pay off agents who manned polling stations for the party during the July 30 elections, amid revelations that a partner organisation which had committed to...Published: 14 Nov 2018 at 06:07hrs | 1731 | by Staff reporetr
Chamisa ouster plot exposed
THE gloves are off in the opposition MDC as hawks plotting the ouster of leader Nelson Chamisa are reportedly unhappy that the party's elective congress will be held in October next year, when they wo...Published: 14 Nov 2018 at 06:04hrs | 2765 | by Staff reporter
Mnangagwa begins tracking 'ill-gotten wealth'
GOVERNMENT has promulgated Statutory Instrument 246 of 2018, which will see illegal currency traders being sentenced to up to 10 years in jail. The regulations - Presidential Powers (Temporary...Published: 14 Nov 2018 at 06:02hrs | 2379 | by Staff reporter
Winston Chitando implicated in Hwange looting
A FORENSIC auditor engaged by Hwange Colliery to investigate financial impropriety has fingered Mines and Mining Development minister Winston Chitando, who he said was likely in cahoots with shady cha...Published: 14 Nov 2018 at 05:59hrs | 1063 | by Staff reporter
Chamisa - A case of paranoia
MDC leader Mr Nelson Chamisa's claim of an abduction attempt on his person by alleged State agents last Saturday as he made his way from a rally in Marondera is a diversionary tactic to shift from the...Published: 14 Nov 2018 at 05:51hrs | 567 | by Nduduzo Tshuma
Tourism sector seeks tax reviews
TOURISM players have pleaded with Treasury to review the 15% value-added tax (VAT) on foreign accommodation, the 2% transactional tax and duty exemption for car rental owners in order to make the coun...Published: 14 Nov 2018 at 05:48hrs | 88 | by Staff reporter
Spate of thefts from vehicles in Bulawayo CBD
POLICE in Bulawayo have recorded 20 cases of theft from vehicles within three days in the city's Central Business District with $10 000 being stolen in the process. The theft incidents are sai...Published: 14 Nov 2018 at 05:47hrs | 1012 | by Staff reporter
Illegal $1m Potraz loan to Zifa under scrutiny
FORMER Cabinet ministers Makhosini Hlongwane (Sport) and Supa Mandiwanzira (ICT) are both set to be summoned to appear before Parliament, where they will be quizzed over loans that were advanced to th...Published: 14 Nov 2018 at 05:44hrs | 259 | by Staff reporter
ILO – seeks Informal Economy Transition to Formalization
The International Labour Organization is currently hosting a training course on Transition from Informal Economy to Formal Economy targeting over hundred global representatives from governments, labou...Published: 13 Nov 2018 at 22:03hrs | 507 | by Michael Mdladla Ndiweni
Bulawayo residents welcome move on illegal forex dealers
Ordinary citizens in Bulawayo have commended President Emmerson Mnangagwa for invoking the Presidential Powers Temporary Measures Amendment of Money Laundering and Proceeds of Crime Act and the Exchan...Published: 13 Nov 2018 at 19:04hrs | 5440 | by Staff reporter
Anti-laundering, illicit dealings law takes effect
A clampdown on ill-gotten and unexplained wealth obtained by individuals involved in money laundering, crime and other illicit dealings has come into effect following the amendment of Statutory Instru...Published: 13 Nov 2018 at 19:04hrs | 2413 | by Staff reporter
MDC implodes as Chamisa clings to power
Following the death of the MDC founding leader, Morgan Tsvangirai, in February this year and the drubbing the party received at the hands of ZANU PF during the 30 July 2018 harmonised elections, the p...Published: 13 Nov 2018 at 13:32hrs | 3736 | by Elijah Chihota
Industrial action against Mthuli Ncube looming
Air Zimbabwe has been allowed by the cabinet of President ED Mnangagwa to charge its clients (especially diasporas) in foreign currency. The confused minister in charge of Air Zimbabwe Joel Biggie Mat...Published: 13 Nov 2018 at 11:50hrs | 3314 | by Don Chigumba
Ncube needs consistency
Finance minister Mthuli Ncube will present his maiden National Budget next week Thursday against a background of huge economic challenges and public expectation that he is the man to help Zimbabwe out...Published: 13 Nov 2018 at 11:28hrs | 2112 | by Staff reporter
Madhuku gets vote of confidence
Zimbabweans from all walks of life have marvelled at the astute way that Commissioner Professor Lovemore Madhuku has been acquitting himself during the August 1 Inquiries. Veteran journa...Published: 13 Nov 2018 at 09:28hrs | 7260 | by Mandla Ndlovu
Bizarre Korean cult leader jets into Harare
Hak Ja Moon, the Leader of a Korean cult, The Family Federation for World Peace and Unification, is landing at the National Sports Stadium in Harare on the 21st of November to advance her bizarre beli...Published: 13 Nov 2018 at 07:22hrs | 4486 | by Mandla Ndlovu
Ex-Anjin employees petition court over terminal benefits
Chinese miner Anjin's former employees have petitioned the High Court seeking leave to execute judgment pending appeal after the diamond miners obtained an order thwarting the attachment of its proper...Published: 13 Nov 2018 at 06:13hrs | 187 | by Staff reporter
'Dead man' battles 64 cents pay-off
FORMER PG Industries (Zimbabwe) Limited marketing director Nkululeko Mabhena, who has been battling his former employers PG Industries for 18 years, has accused Justice Nicholas Mathonsi and Lawrence ...Published: 13 Nov 2018 at 06:07hrs | 1550 | by Staff reporter
Acie Lumumba turns ZACC informer?
Embattled Whistleblower William Mutumanje (Acie Lumumba) is reportedly working with the Zimbabwe Anti-Corruption Commission (ZACC) investigators in closing the net on suspected criminals a...Published: 13 Nov 2018 at 06:04hrs | 1919 | by Mandla Ndlovu
Zimbabwe's Namibian port project taking shape
STATE-OWNED logistics firm Road Motor Services (RMS) says its dry land port project at Walvis Bay in Namibia is now 70% complete, four years after work began on it.RMS, a subsidiary of the Nat...Published: 13 Nov 2018 at 06:00hrs | 504 | by Staff reporter
Gweru cancels tender, demands refund
GWERU mayor Josiah Makombe has said the local authority's lawyers are working to recover money paid to a Chinese company to instal solar traffic lights, but failed to complete the project, leading to ...Published: 13 Nov 2018 at 05:59hrs | 242 | by Staff reporter
Chamisa's poorly scripted abduction antics are mischievous
A 36-second amateur video surfaced at the weekend, showing someone in a dominant red shirt stepping into the backseat of a Toyota Harrier with about six men on the side of the vehicle. The man in red ...Published: 13 Nov 2018 at 05:56hrs | 954 | by Staff reporter
A human life over debt arrears
ON Saturday, Chalton Hwende, deputy treasurer-general of the MDC Alliance confirmed an attempted abduction of the party's president, Nelson Chamisa after a 'thank you' rally for their supporters at Ru...Published: 13 Nov 2018 at 05:56hrs | 416 | by Pearl Matibe
Ziyambi defends Hwange reconstruction move
JUSTICE minister Ziyambi Ziyambi yesterday told Parliament that he had to put Hwange Colliery under reconstruction without consulting other shareholders because the problems afflicting the company nee...Published: 13 Nov 2018 at 05:53hrs | 140 | by Staff reporter
Guard on the run after R30 000 theft
A SECURITY guard is on the run after allegedly stealing R30 000 and $200 from a lodge where he was employed in Gwanda. Matabeleland South provincial police spokesperson Chief Inspector Philisa...Published: 13 Nov 2018 at 05:52hrs | 407 | by Staff reporter
Miners to retain 55% export earnings
THE Reserve Bank of Zimbabwe (RBZ) has agreed to increase large scale miners' retention of foreign currency from mineral exports to 55 percent to allow them to cover production costs. Recently...Published: 13 Nov 2018 at 05:52hrs | 298 | by Staff reporter
Mthuli Ncube trims monthly fiscal budget deficit
TREASURY has scored excellent progress in trimming monthly fiscal budget deficit as part of Government's economic reform agenda with September 2018 deficit reduced to $19 million against a target of $...Published: 13 Nov 2018 at 05:50hrs | 799 | by Staff reporter
Suicide after lecturer 'beds student's girlfriend'
A FINAL year Local Government student at Midlands State University allegedly hanged himself from the roof truss at his lodgings in Nehosho area in Senga early yesterday morning for unknown reasons. ...Published: 13 Nov 2018 at 05:49hrs | 1499 | by Staff reporter
The tale of two societies
Legislation is being put in place as l write this to convict illegal money changers for up to 10 years in prison.One would thing our government has just woken up to discover there are now economy sabo...Published: 12 Nov 2018 at 19:08hrs | 1387 | by AT Kadada
Supply, price of commodities normalise
Interventions by the government to normalise the supply of goods especially fuel and basic commodities are bearing fruit as fuel queues have disappeared with supermarkets shelves filled to the brim an...Published: 12 Nov 2018 at 18:17hrs | 5309 | by Staff reporter
Chamisa label his internal rivals Zanu-PF agents
MDC leader Nelson Chamisa has warned officials eyeing his position against working with Zanu-PF to grab power from him saying he is firmly in charge of the country's opposition party and would not tol...Published: 12 Nov 2018 at 16:59hrs | 2215 | by Staff reporter
5 Important steps to take when starting your own gym
When you reach your own optimum level of fitness, it's only natural to want to share you working out expertise with others. You have two options when following this calling in life: you could become a...Published: 12 Nov 2018 at 14:28hrs | 1233 | by Sports Reporter
1 year after Mugabe fall, Zimbabwe asks 'What has changed?'
One year ago the unthinkable happened in Zimbabwe: Robert Mugabe fell from power.Tanks rolled in the streets of the capital, Harare, on November 14, 2017, and the military put Mugabe under hou...Published: 12 Nov 2018 at 14:25hrs | 1927 | by AP
Mazibisa dares Kirsty Coventry
The Founder of Mazibisa Inc. Nkosana Mazibisa has challenged Minister of Youth, Sport, Arts and Recreation Kirsty Coventry to show up for her duty and treat the Youth Ministry with the energy an...Published: 12 Nov 2018 at 12:24hrs | 3263 | by Mandla Ndlovu
Zimbabwe economic pain not being shared
Finance minister Mthuli Ncube's recent confirmation that government will soon buy vehicles for parliamentarians exposes government's insincerity in tackling its ballooning budget deficit.It al...Published: 12 Nov 2018 at 10:51hrs | 3523 | by Staff reporter
'Mthuli Ncube's 2c tax unsustainable'
Industry says the controversial Intermediary Money Transfer Tax should be amended in the upcoming 2019 National Budget to improve the ease of doing business in the country.The Confederation of...Published: 12 Nov 2018 at 10:14hrs | 2653 | by Staff reporter
Lonely country - Zimbabwe Vigil Diary
A new Zimbabwean investment drive has been taking place in the UK with a delegation led by Priscah Mupfumira, Minister of Environment, Tourism and Hospitality Industry. She offered a few hollow banali...Published: 12 Nov 2018 at 06:55hrs | 1047 | by Zimbabwe Vigil Diary
Strikers darts team struck gold in Jewel Cup Darts Tournament
HARARE - The 2018 edition of the Jewel Cup held at the weekend at Highfields Canteen did not disappoint as Harare Darts Association top teams faced each other for the umpteenth time in the tournament....Published: 12 Nov 2018 at 06:51hrs | 191 | by Collen Maenda
Zimbabwe's economic recovery is possible but whilst the country remains a pariah state, it is IMPOSSIBLE!
"AfDB President, Akinwumi Adesina, told journalists in Johannesburg this week that while Zimbabwe is making progress, its economy and relations with lenders are still a way from being repaired," repor...Published: 12 Nov 2018 at 06:46hrs | 1144 | by Nomusa Garikai
Strive Masiyiwa opts out as Econet profits surge
After tax profits in Econet Wireless spiked, propped up by increased uptake of data and fintech services although founder, Strive Masiyiwa has now opted out of the day-to-day board functions of the co...Published: 12 Nov 2018 at 06:19hrs | 10953 | by Staff reporter
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