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Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 320 | by Agencies
Makwinji Soma-Phiri enters ZIFA race
Benjani Mwaruwari and Makwinji Soma-Phiri have officially confirmed their candidacy for the Zimbabwe Football Association (ZIFA) presidency, marking their intent to lead a sport in desperate need of r...Published: 14 Dec 2024 at 18:29hrs | 5994 | by Staff reporter
We need Zacc in the Zifa elections
With the 2024 soccer season gone, the Zifa elections are dominating headlines everywhere with all sorts of names being thrown around as possible successors to Felton Kamambo.Since nominations ...Published: 08 Dec 2024 at 09:26hrs | 45 | by Michael Kariati
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 644 | by Staff reporter
SA-based Zimbabwe entrepreneur wins top award
South Africa-based Zimbabwean entrepreneur Nyasha Chisoko has been crowned Female Personality of the Year 2024 at the prestigious Zimbabwe Achievers Awards (ZAA). The annual event celebrates the remar...Published: 04 Dec 2024 at 15:23hrs | 321 | by Staff reporter
Khama Billiat linked with move to Scottland
Zimbabwean football star Khama Billiat is reportedly on the verge of a move to newly-promoted Castle Lager Premier Soccer League (PSL) side, Scottland FC, as his contract with Yadah FC nears its expir...Published: 30 Nov 2024 at 13:06hrs | 1318 | by Staff reporter
Zimbabwe banking sector strengthens amid declining non-performing loans
The Reserve Bank of Zimbabwe (RBZ) has reported a significant improvement in the country's banking sector credit risk landscape, marked by a decrease in the ratio of non-performing loans (NPLs) to tot...Published: 24 Nov 2024 at 09:55hrs | 76 | by Staff reporter
Zanu PF's Tonderai Mutasa sworn-in as Victoria Falls councillor
Zanu PF's Tonderai Mutasa was sworn-in as councillor for Ward 1 in Victoria Falls on Thursday after independent candidate Ephias Mambume was disqualified by the Electoral Court.Mambume's disqu...Published: 22 Nov 2024 at 15:01hrs | 127 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1892 | by Staff reporter
SA-based Zim entrepreneur nominated for top award
Nyasha Chisoko, a Zimbabwean entrepreneur based in South Africa, has been nominated for Female Personality of the Year at the prestigious Zimbabwe Achievers Awards (ZAA), recognizing her success in tw...Published: 20 Nov 2024 at 07:03hrs | 235 | by Staff reporter
Chamisa's candidate disqualified from Victoria Falls by-election
The independent candidate for the upcoming Victoria Falls council by-election, Ephias Mambume, has been barred from contesting after a court ruled that he was ineligible due to unpaid council rates. T...Published: 19 Nov 2024 at 12:58hrs | 828 | by Staff reporter
NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 219 | by Staff reporter
Lawyers demand public scorecards in judges appointment
Legal experts have called for increased transparency in Zimbabwe's judicial appointment process, with a particular emphasis on publishing the scorecards used to assess candidates. The proposal aims to...Published: 18 Nov 2024 at 15:08hrs | 143 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2295 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 182 | by Staff reporter
Dr. Arikana Chihombori: the unsung heroine of Africa
She will never get recognition in Zimbabwe. Zimbabwean women have no vocabulary to appraise Dr. Chohombori breaking the glass-ceiling. The inner jealousy and the inherent envy among us women are so ev...Published: 07 Nov 2024 at 12:52hrs | 394 | by Nomazulu Thata
CCC nominates Senator Chabuka's replacement
The Citizens Coalition for Change (CCC) has nominated Mrs. Midiah Kupfuma to replace the late Senator Keresencia Chabuka, who passed away in July this year. This announcement was made by Zimbabwe Elec...Published: 28 Oct 2024 at 06:56hrs | 204 | by Staff reporter
RBZ pumps US$32 million into market
The Reserve Bank of Zimbabwe (RBZ) has infused approximately US$32 million into the interbank foreign exchange market over the past three weeks to stabilize the Zimbabwe Gold (ZiG) currency and addres...Published: 27 Oct 2024 at 12:19hrs | 156 | by Staff reporter
Zimbabwe is undermining the ZiG by overspending
Zimbabwe's new gold-backed currency is likely being undermined by the state tapping the central bank for funding and selling Treasury bills to pay for its overspending, Imara Asset Management said....Published: 18 Oct 2024 at 08:54hrs | 1266 | by Staff reporter
John Landa Nkomo's son banished from Zanu-PF conference
Jabulani Nkomo, son of the late Vice-President John Landa Nkomo, has been barred from attending the upcoming Zanu-PF annual conference after his name was mysteriously removed from the accreditation li...Published: 17 Oct 2024 at 09:04hrs | 1142 | by Staff reporter
Over 400 ex-settlers to get compensation
In a significant development for former farm owners, over 400 individuals have been cleared for compensation under the Global Compensation Deed, aimed at addressing losses incurred during Zimbabwe's f...Published: 17 Oct 2024 at 08:59hrs | 190 | by Staff reporter
Zimbabwe scores milestones on arrears clearance process
The Government of Zimbabwe has received commendations for significant progress in the implementation of reforms under the Arrears Clearance and Debt Resolution process, a vital step towards transformi...Published: 17 Oct 2024 at 08:57hrs | 187 | by Staff reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5665 | by Staff reporter
Hichilema alarmed by prospects of defeat and prosecution for corruption
When Zambia experienced democratic backsliding between 2011 and 2021, the deliberate use of legal mechanisms to weaken opposition parties played a central role. Lawfare has been a constant theme of Za...Published: 07 Oct 2024 at 17:08hrs | 2638 | by Sishuwa Sishuwa
Nobel Peace Prize circus as Zelensky is nominated
President of Ukraine Volodymyr Zelenskyy has been nominated for the Nobel Peace Prize, but he is not expected to win Reuters reported.Ukrainian President Volodymyr Zelenskyy, who has been nomi...Published: 05 Oct 2024 at 15:29hrs | 546 | by Staff reporter
Zambia's Hakainde Hichilema threatening to delay 2026 elections
On 13 September, Zambia's President Hakainde Hichilema addressed parliament in fulfilment of the Constitution that requires the president to address the National Assembly every year and provide a repo...Published: 26 Sep 2024 at 14:55hrs | 657 | by Sishuwa Sishuwa
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
Frelimo intensifies election campaign with rally in Zimbabwe
Mozambique's ruling party, Frelimo, is ramping up its election campaign efforts with a rally scheduled for this weekend in Chegutu, Mashonaland West province. The event aims to raise awareness of the ...Published: 20 Sep 2024 at 08:04hrs | 356 | by Staff reporter
Mnangagwa's govt paying lip service to ZWG
In a critical assessment of Zimbabwe Gold (ZWG), industry experts predict that the future post-mortem will reveal the government's own policies as the primary culprit behind the currency's struggles. ...Published: 20 Sep 2024 at 08:02hrs | 460 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2771 | by Nkosi Moyo
US$ shortages on official market crippling ZiG acceptability
The Confederation of Zimbabwe Industries (CZI) warns that the ongoing US$ shortages on the official market could further undermine the ZiG currency, amid increasing calls for comprehensive reforms to ...Published: 12 Sep 2024 at 08:07hrs | 1876 | by Staff reporter
Mashayamombe nominated for global award
Women's rights defender Nyaradzo Mashayamombe has been named one of three finalists for the prestigious 2024 UN SDG Action Awards.Mashayamombe will travel to Rome, Italy, for the awards ceremo...Published: 11 Sep 2024 at 09:01hrs | 120 | by Staff reporter
Zimbabwe banks reduce lending as crisis persists
Zimbabwe's banking sector is facing significant challenges that have limited its ability to lend, according to the Bankers Association of Zimbabwe (BAZ). Key issues include the absence of a le...Published: 06 Sep 2024 at 14:41hrs | 201 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4573 | by Staff reporter
After ditching the dollar, Zimbabwe now rushing for it at a steeper cost
NEARLY five months after changing its currency to arrest inflation, Zimbabwe is back in familiar territory as the new local unit has started losing ground.The problem seems to be based on how ...Published: 26 Aug 2024 at 08:11hrs | 3925 | by Staff reporter
No message yet for Chamisa: incoming US Ambassador
The incoming United States of America's Ambassador to Zimbabwe, Ms. Pamela M. Tremont has claimed that the sending state (USA) has no message for former Citizens Coalition for Change leader, Advocate ...Published: 18 Jul 2024 at 16:29hrs | 1879 | by Gideon Madzikatidze/Simbarashe Sithole
US Ambassador Tremont meets sanctioned Mnangagwa
The new United States Ambassador to Zimbabwe, Ms. Pamela Tremont, presented her credentials to President Mnangagwa on Wednesday, officially assuming her ambassadorial role after her initial nomination...Published: 17 Jul 2024 at 16:10hrs | 759 | by Staff reporter
Zimbabwe must end 'dollar grip' to regain economic sovereignty
Zimbabwe must take the necessary steps to end its reliance on the dollar and increase the use of its own currency, Information Secretary Nick Mangwana said."The benefits of de-dollarisation fa...Published: 12 Jul 2024 at 07:24hrs | 23 | by Staff reporter
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 61 | by Nick Mangwana
Dr John Hlophe's election to the JSC is most feared by neoliberals
The Economic Freedom Fighters (EFF) has welcomed the appointment of Umkhonto weSizwe's parliamentary chief whip to represent the National Assembly in the Judicial Service Commission - the primary body...Published: 11 Jul 2024 at 09:59hrs | 15 | by Staff reporter
Hlophe's name will be on JSC list
The decision on whether Dr John Hlophe will be designated to the Judicial Service Commission (JSC) may be heading for a legal showdown after six legal NGOs urged the Speaker of Parliament to not appoi...Published: 04 Jul 2024 at 11:38hrs | 2 | by Staff reporter
Zimbabwe anticipating a significant power supply deficit
Zimbabwe is anticipating a significant power supply deficit, projected to reach up to 2,800 megawatts (MW) by the end of 2025, an increase from the current deficit of 500MW. This rise is driven by the...Published: 28 Jun 2024 at 14:54hrs | 5 | by Staff reporter
Zimbabwe currency code changes to ZWG
The World Bank International Organisation for Standardisation (ISO) Committee has approved the change of Zimbabwe's local currency code from ZWL to ZWG (Zimbabwe Gold).The ISO 4217 standard, w...Published: 26 Jun 2024 at 13:00hrs | 11 | by Staff reporter
'CCC struggles with Parly recognition'
Professor Welshman Ncube, acting leader of the Citizens Coalition for Change (CCC), says the party's leadership does not have full control over its relationship with Parliament, the State, and quasi-i...Published: 24 Jun 2024 at 14:31hrs | 9 | by Staff reporter
Zimbabwean doctor nominated for continental award
Dr. Rufaro Nyakatawa, a distinguished Zimbabwean doctor renowned for her innovative contributions to paediatric medicine and advocacy for enhanced healthcare services for children in Africa, has been ...Published: 19 Jun 2024 at 07:30hrs | 3 | by Staff reporter
Frelimo candidate visits Mnangagwa ahead of Mozambique polls
Daniel Francisco Chapo, the presidential candidate for Mozambique's ruling party, Frelimo, is scheduled to visit Harare for a meeting with President Emmerson Mnangagwa on July 20 ahead of Mozambique's...Published: 18 Jun 2024 at 06:58hrs | | by Staff reporter
Ramaphosa re-elected as president of South Africa in a deal with the DA-vil
AFRICAN National Congress (ANC) leader, Cyril Ramaphosa has been elected to serve a second term as president of the Republic of South Africa.Ramaphosa, who was nominated alongside the Economic...Published: 15 Jun 2024 at 11:06hrs | 1 | by Staff reporter
Microfinance sector dumps local currency
In the first quarter of 2024, the United States dollar loan portfolio in Zimbabwe's microfinance sector surged by nearly 8% to reach US$48.63 million, up from US$45.1 million in the previous quarter. ...Published: 12 Jun 2024 at 06:43hrs | 8 | by Staff reporter
MK Party files papers with ConCourt to stop rigged election results
Jacob Zuma's Umkhonto Wesizwe (MK) Party has filed urgent papers with the Constitutional Court to interdict the first sitting of the National Assembly (NA).The papers were filed three days bef...Published: 11 Jun 2024 at 12:10hrs | 19 | by Staff reporter
Without Zuma's 58 MPs parliament will collapse
Should the MK Party's (MKP) 58 MPs decide not to show up in parliament, as its leader Jacob Zuma has indicated to be a possibility after their contesting of the 2024 national elections, the Natio...Published: 10 Jun 2024 at 08:46hrs | 1 | by Staff reporter
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