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 | 753 | 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 | 27446 | 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 | 922 | 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 | 866 | 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 | 756 | 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 | 371 | 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 | | 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 | 151 | 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 | 3060 | 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 | 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 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 | | 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 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

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

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

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 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

Is RBZ confused about Bitcoins?

IT is interesting to note that the popularity of Bitcoins is increasing exponentially despite warnings from finance and economic gurus who predict that this will just become another bubble that will burst. According to Reserve Bank of Zimb…

Published: 29 Dec 2017 at 13:18hrs | | by Robert Ndlovu

Money, Hospitals and the People under a CoolCoup Zimbabwean Regime

At this time last month, under the Dictatorship of former President Mugabe and his Crooked Finance Minister Chombo, at least I could sit on my computer and transfer my hard-earned cash to a needy relative in Zimbabwe from my Bank. Today, I…

Published: 04 Dec 2017 at 20:35hrs | | by Ryton Dzimiri

Education and Fancy Clothes Do Not Erase The Savage Nature of Humans

It hasn't been long since a lot of us finally got our lives back - after enduring the massive media hype that surrounded the fight between Conor McGregor and Floyd Mayweather. Just like every other boxing match, it's always a memorable nig…

Published: 07 Sep 2017 at 07:44hrs | 3 | by Nimi Princewill

Zimbabwe Ministers, MPs must bank their money and pay tax

Editor, If Zimbabwe is to revive its economy which has/had taken a nose dive, then every citizen in Zimbabwe or not domicile in Zimbabwe must play a pivotal role in helping the economy to appreciate. It does not matter your social standing…

Published: 25 Jun 2017 at 09:26hrs | 1 | by Njabulo

Cry Zimbabwe cry

When money becomes the national God Quote by Denis Diderot In any country where talent and virtue produce no advancement, money will be the national god. Its inhabitants will either have to possess money or make others believe that they do…

Published: 24 Feb 2017 at 08:39hrs | | by Vince Musewe

Money changers embrace bond notes

As Zimbabweans warm up to the bond notes introduced by the Reserve Bank of Zimbabwe (RBZ) yesterday, a snap survey at the notorious money changers market at Road port in Harare revealed that it was business as usual as the bond note is tra…

Published: 01 Dec 2016 at 16:28hrs | 1 | by Bevan Musoko

Search / Money

Get latest news by email:

ZANU PF members set to adopt resolution advancing Vision 2030

'To say Mnangagwa must go is a travesty against a good man'

Former ZANU PF legislator warns those plotting against General Chiwenga

Varakashi4ED hails purported progress in Bulawayo-Vic Falls road works

Activist Calls for Mnangagwa Statue in Harare CBD

Murambinda Residents Lament Delayed Implementation of Irrigation Schemes

War Vets Bemoan Neglect by ZANU-PF, Mnangagwa

Minister Ncube Commissions Mining Equipment in Midlands

Cops arrested for demanding bribe from Pakistan national

'Mnangagwa's term can be extended without a referendum'

Magistrates cautioned against merely granting bail

Sapatina, Sapatina' Madzibaba gifted with Toyota Fortuner by Chivhayo

Zimbabwean man accused of stabbing compatriot to death

Tendai Mbofana: Rape is a scourge that needs urgent redress at parliamentary level

Ex-Dembare, Makepekepe players arrested for drug trafficking

Zanu-PF succession not on Conference agenda

South Africans cleared in Zimbabwe robbery plot

Passion Java is once again under scrutiny

Man charged with negligent handling of a firearm

Chivhayo hails first lady Kindness in feeding Vapostori members at State House

Hit-and-run driver arrested by mob

Man rapes aunt at knife point

ARDA targets 100 000 hectares of grain

Zimbabwe economy on the rebound

Zaka District Hosts 2025 Traditional Leaders Day at Chief Nhema's Palace

Aggressive politicians missing in Zimbabwe

PTUZ mourns Zimbabwe teachers' status

'Zimbabwe army recruits only Zanu-PF supporters'

Man sets self ablaze after confrontation with his ex-wife

Zimbabwe's 2026 Budget consultations begin

'Mnangagwa's term can be extended without a referendum'

Former ZANU PF legislator warns those plotting against General Chiwenga

Cops arrested for demanding bribe from Pakistan national

Sapatina, Sapatina' Madzibaba gifted with Toyota Fortuner by Chivhayo

Botswana stops importing power from Zimbabwe

South Africans cleared in Zimbabwe robbery plot

Minister Ncube Commissions Mining Equipment in Midlands

News Team

Advertising