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Former soldier loses pension in fraud scheme by ex-colleague
A former Zimbabwe National Army (ZNA) member, Forward Mapfunde of Warren Park D in Harare, is counting significant losses after his pension funds were fraudulently stolen by a former colleague who ret...Published: 21 Jun 2025 at 09:48hrs | 256 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 637 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 384 | by Staff reporter
Zinara unveils stricter clampdown on errant motorists
The Zimbabwe National Road Administration (ZINARA) has announced plans to enhance compliance initiatives, including licensing at tollgates, as part of its goal to license one million vehicles by the e...Published: 03 Apr 2025 at 18:46hrs | 1600 | by Staff reporter
Zimbabwe secures US$20 million to construct 120 schools
The Ministry of Primary and Secondary Education has secured US$20 million from international partners, with additional funding from the Treasury, as the Government aims to construct 120 new schools an...Published: 03 Mar 2025 at 12:32hrs | 144 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 364 | by NewsHawks
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1668 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1546 | by NewsHawks
Zanu-PF chair riled by policemen
Zanu-PF provincial chairperson for Bulawayo, Jabulani Sibanda, last week reprimanded police officers for failing to show respect during the national anthem at the groundbreaking ceremony for the civil...Published: 22 Oct 2024 at 08:01hrs | 642 | by Staff reporter
Zimbabwe govt launches major housing project in Matabeleland North
In a significant step toward its goal of providing affordable housing for all citizens, the Zimbabwean government has launched a new housing project in Emthunzini Township, Matabeleland North Province...Published: 19 Oct 2024 at 12:05hrs | 6011 | by Staff reporter
Ex-NSSA boss cleared over US$31m loot
The State has withdrawn charges against Elizabeth Chitiga, former general manager of the National Social Security Authority (NSSA), who had been accused of criminal abuse of office involving US$31 mil...Published: 30 Jun 2024 at 18:28hrs | 8 | by Staff reporter
Green bomber enrolment begins
The enrolment of 750 cadres for the National Youth Service in Zimbabwe has started countrywide, with President Mnangagwa expected to officiate at the relaunch of the programme next month.Cabin...Published: 16 Apr 2024 at 07:49hrs | 2 | by Staff reporter
Is Zimbabwe punching above its belt?
Once a bread basket of Africa, Zimbabwe is now a case of the continent. A once-promising country is now mired with challenges like election rigging, economic collapse, high inflation and abuse of stat...Published: 26 Feb 2024 at 21:47hrs | 2 | by Leonard Koni
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 24 | by Staff reporter
Mnangagwa tightens his grip on levers of Zimbabwe's Treasury
WITH his close business ally John Muyashavanhu now confirmed as the incoming Reserve Bank of Zimbabwe (RBZ) governor, George Guvamatanga as Finance permanent secretary — chief accounting officer of ...Published: 12 Dec 2023 at 17:58hrs | 4 | by Staff reporter
NSSA is a vehicle for enriching the powerful whilst exploiting the poor!
I already knew that Zimbabwe was hell and a living nightmare for the vast majority of the ordinary citizenry.I was also fully aware that the powerful were the only ones getting richer and rich...Published: 15 Oct 2023 at 09:49hrs | 1 | by Tendai Ruben Mbofana
Reserve Bank of Zimbabwe bails out 3 banks
THE Reserve Bank of Zimbabwe (RBZ) has used its lender of last resort (LoLR) facility to bail out three distressed banks which had run out of liquidity following the steep depreciation of the local cu...Published: 16 Aug 2023 at 06:49hrs | 17 | by Staff reporter
A critical review of Al Jazeera's Gold Mafia documentary
APRIL, famously characterised as "the cruellest month" by distinguished poet and literary critic TS Eliot in his critically acclaimed essay "The Wasteland" - not because its first day celebrates fools...Published: 28 May 2023 at 17:07hrs | 6 | by Jonathan Moyo
Mnangagwa in spotlight over the massive Nssa corruption
THE National Social Security Authority (Nssa) has presented its forensic audit which unearths corruption and names individuals implicated in the pensions fund's latest scandals to the Office of the Pr...Published: 22 May 2023 at 08:11hrs | 7 | by Staff reporter
BCC plans Renkini revamp
BULAWAYO City Council (BCC) is considering the redevelopment of Renkini Long Distance Bus Terminus and has since engaged a consultancy firm to conduct a feasibility study to assess the viability of th...Published: 05 May 2023 at 06:15hrs | 6 | by Staff reporter
Residents fume over substandard NBS houses
RESIDENTS of Gillingham Estate in Harare's Dzivarasekwa high-density suburb have threatened court action against the National Buildings Society (NBS) after they were sold substandard housing units....Published: 15 Mar 2023 at 06:44hrs | 1 | by Staff reporter
BCC to blame for Bulawayo decay
ZANU-PF Bulawayo Provincial chairman, Jabulani Sibanda has slammed Bulawayo City Council (BCC) for lacking a clear forward planning strategy, a situation that he said has immensely contributed to the ...Published: 06 Mar 2023 at 05:17hrs | 13 | by Staff reporter
Zimbabwe's housing backlog shoots to 2 million
ZIMBABWE'S housing backlog in urban areas has shot up to two million from around 1,5 million reported in February, NewsDay has learnt.Revealing the figure on Monday in Harare, National Housing...Published: 16 Nov 2022 at 05:15hrs | 3 | by Staff reporter
Zanu-PF 'overruns' NBS housing event
COMMISSIONING of 600 National Building Society (NBS) houses in Dzivarasekwa, Harare, was yesterday turned into a Zanu-PF campaign rally.Zanu-PF supporters were bussed to the venue despite that...Published: 15 Nov 2022 at 04:52hrs | 1 | by Staff reporter
ED sends his Evangelists to campaign in the churches
Emerson Mnangagwa forms Pastors for ED movement and deploys its members to some churches which are at undisignated places.According to a reliable source who pressed a red button said, there is...Published: 09 Oct 2022 at 20:58hrs | 8 | by Fanuel Chinowaita
200 000 graves cemetery for Bulawayo
BULAWAYO is set to have a 200 000-capacity cemetery which is expected to address the burial space shortage which has been haunting the city in recent years.The project is being implemented as ...Published: 02 Oct 2022 at 09:00hrs | 2 | by Staff reporter
ZB directors mull liquidation and surrendering licence
With three months left before year-end, it is now crunch time for ZB Financial Holdings (ZBFH), which is currently under increased pressure to recapitalise its building society within the grace period...Published: 02 Oct 2022 at 08:58hrs | 14 | by Staff reporter
NSSA awards pensioners 50pc increment
Pension payouts will be reviewed by up to 50 percent this month and be progressively adjusted in subsequent months subject to "affordability and sustainability" to cushion pensioners from price increa...Published: 21 Aug 2022 at 08:41hrs | 11 | by Staff reporter
NSSA probe widens
CORRUPTION investigations at the National Social Security Authority (Nssa), which saw general manager Arthur Manase being suspended early last month, have widened to include companies and individuals ...Published: 02 Aug 2022 at 06:47hrs | | by Staff reporter
Low to middle-income housing project takes off from Bulawayo
BULAWAYO yesterday witnessed the official launch of a US$11 million housing project that will result in the construction of thousands of low-cost housing units in selected parts of the country with th...Published: 18 Jun 2022 at 07:26hrs | 31 | by Staff reporter
Zacc investigates Nssa corruption
THE Zimbabwe Anti-Corruption Commission (Zacc) this week invaded and camped at the National Social Security Authority (Nssa) offices in Harare to investigate complaints of alleged malpractices, corrup...Published: 22 May 2022 at 11:19hrs | 54 | by Staff reporter
Government salary deductions rile civil servants
CIVIL servants are up in arms with their employer over 2.5% deductions from their salaries every month towards a loan scheme allegedly meant to benefit them.Attempts to opt out of the "forced"...Published: 21 May 2022 at 18:30hrs | 1 | by Staff reporter
Zimbabwe political parties attend Workers Day commemorations
Zimbabwean workers yesterday joined the rest of the world in commemorating Workers' Day, with the Government calling for unity while expressing its commitment to improving the welfare of workers throu...Published: 02 May 2022 at 07:53hrs | 8 | by Staff reporter
RBZ tells banks to shape up or ship out
BANKING sector experts have thrown their weight behind the Reserve Bank of Zimbabwe (RBZ)'s move to tighten screws on operators that fail to comply with new minimum capital requirements, which came in...Published: 18 Feb 2022 at 05:34hrs | 2 | by Staff reporter
RBZ comes hard on bank shareholders
SHAREHOLDERS at financial institutions that have failed to meet new minimum capital requirements will forgo dividends until their firms comply with the central bank's directives, the Reserve Bank of Z...Published: 08 Feb 2022 at 05:37hrs | 4 | by Staff reporter
Forex bonus withdrawals overwhelm banks
SCORES of civil servants and pensioners continued to queue outside banking halls in Bulawayo yesterday seeking to withdraw their foreign currency, forcing some banks to seek police intervention to con...Published: 12 Dec 2021 at 19:56hrs | 10 | by Staff reporter
Robin Vela slaps Finance ministry director with US$2 million lawsuit
FORMER NSSA board chairperson Robin Vela is demanding US$2 million from a Finance ministry director, Memory Mukondomi, who this week implicated him in the ongoing Priscah Mupfumira corruption case....Published: 22 Nov 2021 at 05:55hrs | 16 | by Staff reporter
Bankers plan to establish a new financial behemoth
ON 3 September 2021, The NewsHawks exclusively published a story that government, bankers and investors, including local business tycoon Kudakwashe Tagwirei, are working on a plan to create the bigges...Published: 13 Nov 2021 at 17:45hrs | 13 | by Staff reporter
Witness nails Mupfumira
A State witness in the corruption trial of former Cabinet minister Prisca Mupfumira yesterday nailed her by chronicling how she put officers under immense pressure to expedite the signing of a housing...Published: 10 Nov 2021 at 05:31hrs | 10 | by Staff reporter
UK Prime Minister: Please remind Mnangagwa, Matabeles are not dogs or cockroaches
No matter how much President Mnangagwa tries to ignore Matabeleland grievances and griefs, they will always follow him everywhere he goes like his own shadow. As he prepares to visit UK, we implore Pr...Published: 06 Oct 2021 at 09:38hrs | 13 | by Israel Dube
Biti claims that proposed bank mergers illegal
FORMER Finance minister Tendai Biti, who is also a former chairperson of the National Assembly's Public Accounts Committee, said the proposed mergers of financial institutions involving government ent...Published: 18 Sep 2021 at 19:34hrs | 2 | by Staff reporter
NSSA, banks in talks over charges
THE National Social Security Authority (NSSA) says it has lined up a cocktail of incentives to improve pensioners' incomes, including removing bank charges.Nssa deputy director for social secu...Published: 17 Sep 2021 at 06:23hrs | | by Staff reporter
Matabeles to disown 'gukurahundi' sellout Chiefs, blood on your hands!
Confidential information on our hands confirming that some Matabele traditional chiefs have accepted bribes from the genocidal Zimbabwe government to assist it to impose its suspicious Matabeleland ge...Published: 11 Sep 2021 at 11:07hrs | 11 | by Israel Dube
Govt mulls merger of six banks into three entities
A PROPOSAL to merge six financial institutions into three big ones is being considered by the Zimbabwean government, in a different consolidation process from the CBZ Holdings, ZB Financial Holdings, ...Published: 10 Sep 2021 at 18:53hrs | 11 | by Staff reporter
Foreign investors line up new bank in Zimbabwe
A group of domestic and foreign investors has lodged an application with Zimbabwean authorities to roll out an investment bank, the first such institution since investment banks were toppled under the...Published: 10 Sep 2021 at 07:35hrs | 13 | by Staff reporter
Mnangagwa: Ndebeles are not dogs (imigodoyi)
"You can never make Ndebeles dogs. You may wipe them out but the children of the Stars can never be dogs." Matabele Spokesman, Somabhulani Dlodlo spoke these words warning the white supremacists...Published: 03 Sep 2021 at 11:49hrs | 4 | by Israel Dube
Zanu-PF Bulawayo endorses Mnangagwa
ZANU-PF Women's League has said President Mnangagwa is ticking all the national development boxes in line with his electoral promises and the wing had therefore, endorsed his candidature for the 2023 ...Published: 23 Aug 2021 at 06:48hrs | 2 | by Staff reporter
Mnangagwa agrees to compensate Gukurahundi victims
PRESIDENT Emmerson Mnangagwa has conceded to popular demands to compensate families affected by the 1980s atrocities in the Matabeleland and Midlands regions commonly referred to as Gukurahundi in whi...Published: 22 Aug 2021 at 08:17hrs | 1 | by Staff reporter
Mnangagwa's fresh gukurahundi plan raises eyebrows
President Emmerson Mnangagwa's fresh plan to address the Gukurahundi atrocities has been questioned because it excludes chiefs from the Midlands province and is silent on reparations.Mnangagwa...Published: 22 Aug 2021 at 08:15hrs | 3 | by Staff reporter
Mnangagwa, chiefs to deal with Gukurahundi exhumations on a case by case basis
President Emmerson Mnangagwa, Saturday, met with Matabeleland chiefs in Bulawayo over the emotive Gukurahundi issue and resolved to allow a victim-centred process and case by case exhumations and rebu...Published: 21 Aug 2021 at 18:13hrs | 2 | by Staff reporter
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