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Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 3 | by Staff reporter
DOP President threatens to ban 'omalayitsha', 'osiphatheleni'
LEADER of the opposition, Democratic Official Party (DOP), and presidential candidate in the forthcoming harmonized elections, Engineer Peter Wilson, has pledged to ban cross-border transporters popul...Published: 02 Aug 2023 at 18:10hrs | | by Staff reporter
Mthuli Ncube tours Bulawayo shops, chides business for hiking prices
Continued unjustified fluctuation of prices of goods in supermarkets will force people to import basic commodities from outside the country, Finance Minister Professor Mthuli Ncube has stated....Published: 28 May 2023 at 16:52hrs | 1 | by Staff reporter
Mthuli Ncube confronts Osiphatheleni
THERE was drama around Tredgold Building, which houses the Bulawayo Magistrate Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pr...Published: 28 May 2023 at 08:03hrs | 2 | by Staff reporter
Mthuli Ncube threatens crackdown on businesses
THERE was drama around Tredgold Building that houses the Bulawayo Magistrates Courts yesterday, as illegal money changers ran away at the sight of the Minister of Finance and Economic Development, Pro...Published: 28 May 2023 at 07:59hrs | 1 | by Staff reporter
Bulawayo police descend on money changers
POLICE in Bulawayo have warned members of the public to desist from illegally dealing in foreign currency as they will face the full wrath of the law.Bulawayo police spokesperson Inspector Abe...Published: 24 May 2023 at 06:00hrs | 7 | by Staff reporter
Zimbabwe police raid illegal forex dealers, retrieve 11 POS machines
POLICE in Bulawayo have raided illegal foreign currency dealers and arrested six suspects linked to the abuse of Point of Sale (POS) machines to carry out illicit transactions.Bulawayo provinc...Published: 23 May 2023 at 21:16hrs | 6 | by Staff reporter
Money changers hijack POS machines for big transactions
DECKED out in trendy designer wear, clutching energy drink cans and munching take-aways while engaging in high-pitched conversations, illegal money changers, popularly known as osiphatheleni who have ...Published: 22 May 2023 at 06:35hrs | | by Staff reporter
Fraudster cop dupes victim number 9
A ROGUE police officer who was recently remanded out of custody for allegedly conning people while in uniform has allegedly struck again as he swindled a local business man of $419 760. Sergea...Published: 14 Jan 2023 at 07:52hrs | | by Staff reporter
Bulawayo pavements on Wednesday morning were generally empty
THE usually congested and chaos-filled Bulawayo pavements between 3rd and 6th Avenues were on Wednesday morning generally empty ahead of the blitz by the local authority to keep the City centre clean ...Published: 11 Jan 2023 at 16:50hrs | 6 | by Staff reporter
Money changer survives 5000kv shock
A suspected illegal foreign currency dealer commonly referred to as osiphatheleni in Bulawayo is lucky to be alive after he was shocked by a 5 000 kilovolt electric shocker (taser) by a robber who wan...Published: 07 Aug 2022 at 08:20hrs | | by Staff reporter
BCC, Zanu-PF vending bays fight continues
A MEETING held between the Bulawayo City Council (BCC) and Zanu-PF Bulawayo province on Thursday over the control of Fife Avenue vending bays, where the ruling party youths were allocating themselves ...Published: 13 Nov 2021 at 05:58hrs | 3 | by Staff reporter
BCC ensures Bulawayo residents engaged as parking marshals
BULAWAYO City Council has said measures will be put in place to ensure only city residents are employed by the company that will manage its US$2,2 million vehicle parking system. The council i...Published: 20 Sep 2021 at 07:11hrs | | by Staff reporter
Police increase lockdown patrols
POLICE have increased patrols in the Midlands where a lot of people are violating Government lockdown measures, to curb the spread of Covid-19. Police are ensuring that all gatherings except funerals ...Published: 13 Jul 2021 at 09:08hrs | | by Staff reporter
Police increase lockdown patrols in Midlands
POLICE have increased patrols in the Midlands where a lot of people are violating Government lockdown measures, to curb the spread of Covid-19. Police are ensuring that all gatherings except f...Published: 13 Jul 2021 at 08:58hrs | | by Staff Reporter
Bulawayo cops deny torching kombis, blame 'vendors, touts and money changers'
Metro traffic cops in Bulawayo were accused of shifting blame after allegedly burning down two kombis in the city center on Wednesday and then telling their boss in an internal memo that the commuter ...Published: 10 Jun 2021 at 07:39hrs | | by Staff reporter
5 cops injured in rowdy touts - Osiphatheleni attack
SUSPECTED touts and illegal money changers popularly known as Osiphatheleni on Wednesday attacked two police vehicles along Fort Street between 6th and 5th Avenue in the Bulawayo City Centre.F...Published: 09 Jun 2021 at 18:21hrs | | by Staff reporter
From the 404 to the Honda Fit
"KIDNAP, robbery and near rape", the newspaper headline screamed on 22 August. "Honda Fit Crew robs osiphatheleni," our sister paper The Chronicle's headline read on 27 August. In the ...Published: 01 Sep 2019 at 14:48hrs | 2 | by Bruce Ndlovu
Osiphatheleni halt business
Meanwhile, several illegal forex dealers, Osiphatheleni, had temporarily stopped their operations citing uncertainty over rates. In some instances rates were said to have tumbled to as low as ...Published: 26 Jun 2019 at 07:06hrs | 1 | by Staff reporter
Cop runs for dear life as mob bays for his blood
A POLICE officer on Wednesday fled for dear life as an angry mob bayed for his blood after an illegal money changer he was chasing was knocked down by a car near Tredgold Building in Bulawayo. ...Published: 14 Jun 2019 at 07:55hrs | | by Staff reporter
Osiphatheleni run out of money
Most Illegal foreign currency dealers popularly known as Osiphatheleni ran out of money to service their customers today, Monday.The reason, they alleged, was that the government mopped up for...Published: 20 May 2019 at 22:22hrs | 1 | by Methuli Ncube
Money changers feeling the pinch
Black market foreign currency traders have been hit hard by the new measures that were announced by the Reserve Bank of Zimbabwe (RBZ) last week, which have seen parallel rates beginning to stabilise....Published: 26 Feb 2019 at 13:21hrs | | by Staff reporter
Forex traders on the increase
Illegal money changers pose while exchanging a new Zimbabwe bond note (L) and U.S. dollar notes in the capital Harare, Zimbabwe, November 28, 2016. REUTERS/Philimon BulawayoAN increasing numbe...Published: 01 Feb 2019 at 14:10hrs | 1 | by Staff reporter
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 | | by Staff reporter
Black market rates nosedive 1:1,5
PARALLEL market rates further plummeted to as low as US$1:RTGS/Bond1,5 this week from a peak of 1:6 in the last two weeks as Government forges ahead with implementing measures to stabilise the economy...Published: 26 Oct 2018 at 06:29hrs | | by Staff reporter
Bulawayo mayor unhappy with road closure
Bulawayo mayor Solomon Mguni has raised concern over the way the law enforcers conducted themselves in closing a road in the CBD which was a perceived hub of illegal money changers, popularly known he...Published: 24 Oct 2018 at 14:13hrs | | by Staff reporter
'Punish illegal forex dealers' argue Zanu-PF - itself illegitimate. Focus on the hyena, not the tick.
ZANU-PF's Secretary and deputy minister for Defence and War Veterans, Victor Matemadanda, said money from forex dealers should be forfeited to the State and Government should come up with a law that e...Published: 20 Oct 2018 at 18:02hrs | | by Patrick Guramatunhu
'Forfeit illegal forex dealers' money,' says Matemadanda
ZANU-PF's Secretary for war veterans, Victor Matemadanda, said money from forex dealers should be forfeited to the State and Government should come up with a law that empowers it to do so. Mat...Published: 20 Oct 2018 at 07:16hrs | | by Staff Reporter
Betting house drops Ecocash, bond notes
WHILE it is an open secret that football betting has become a source of income for a number of unemployed people in Zimbabwe, some energy sapping developments emerged during the course of the week....Published: 19 Oct 2018 at 06:23hrs | 11 | by Staff reporter
Where are we?
We have a problem and a problem that we saw coming. It's not even a question of what went wrong. You see the political party that is called zanu pf is the problem here. Why we can't get this problem o...Published: 18 Oct 2018 at 17:26hrs | | by Clement Moyo
Police arrest 46 forex dealers
POLICE in Bulawayo yesterday arrested 46 illegal money changers in the Central Business District in an operation aimed at ridding the city of illegal foreign currency dealers. Law enforcement ...Published: 10 Oct 2018 at 06:26hrs | | by Staff reporter
Bulawayo police raid osiphatheleni
POLICE in Bulawayo yesterday raided and arrested illegal money changers in the central business district in an operation aimed at ridding the city of illicit foreign currency dealers. The oper...Published: 09 Oct 2018 at 06:56hrs | 1 | by Staff reporter
Justice Malaba demands removal of Osiphatheleni at Tredgold Building
THE country's top judge, Chief Justice Luke Malaba has demanded the removal of Osiphatheleni and other people involved in illegal activities around Tredgold Building which houses the Bulawayo Magistra...Published: 06 Oct 2018 at 09:02hrs | | by Staff reporter
Money changers die in horror crash
TWO brothers from Bulawayo's Nketa 6 suburb who were popular illegal money changers (osiphatheleni) and taxi operators died yesterday after being involved in a head-on road accident near Gweru. ...Published: 28 Sep 2018 at 06:55hrs | 1 | by Staff reporter
Banks increase withdrawals to $100
DEPOSITORS smiled all the way to banks on Monday and yesterday as banks in Bulawayo offered more cash withdrawals of up to $100, both bond notes and United States dollars.Yesterday, scores of ...Published: 25 Jul 2018 at 07:16hrs | | by Staff reporter
'Osiphatheleni' besiege police station, protest robbers' release
SCORES of illegal foreign currency dealers, popularly known as osiphatheleni, yesterday stormed Bulawayo Central Police Station protesting the alleged release of criminals who rob them of their hard-e...Published: 25 Jan 2018 at 05:37hrs | | by Staff reporter
Cops arrest robbers targeting money changers
POLICE in Bulawayo have, after firing warning shots, arrested three suspected armed robbers who allegedly committed a series of robberies targeting money changers in and around the city.Underc...Published: 25 Jan 2018 at 05:30hrs | | by Staff reporter
Masuku raps Chinamasa over devolution
Nketa Emganwini Member of Parliament, Phelela Masuku has slammed Finance minister Patrick Chinamasa for developing cold feet in the implementation of devolution of power.He said Chinamasa, who...Published: 18 Jan 2018 at 07:44hrs | | by Staff reporter
'Looters returning externalized millions'
Individuals and companies that illegally externalized significant amounts of money from the country are returning the money, Reserve Bank of Zimbabwe governor John Mangudya has said. This come...Published: 12 Jan 2018 at 06:32hrs | | by Staff reporter
Zapu dares RBZ
The Dumiso Dabengwa-led Zapu has challenged the Reserve Bank of Zimbabwe (RBZ) to update the nation on how much of the externalised funds have been repatriated back into the country following a three-...Published: 12 Jan 2018 at 05:43hrs | | by Staff reporter
The citizens must hold ZRP responsible for the 11 promises
Revolutionary greetings dear comrades. Having spoken to various motorists in different parts of the country, it became clear to me that the army was better than the evil ZRP traffic officers. The ZRP ...Published: 18 Dec 2017 at 19:48hrs | | by Khulani David Ndhlovu
Vendors still flooding Bulawayo streets
BULAWAYO City Council has revealed that less than 10% of informal traders in the city had renewed their trading licences, as more illegal vendors continue to flood the streets, in defiance of a munici...Published: 15 Dec 2017 at 05:34hrs | 3 | by Staff reporter
Osiphatheleni back in full force
GOVERNMENT'S spirited clampdown on illegal foreign currency traders - including the gazetting of Exchange Control Amendment Regulations which carry a 10-year prison sentence for offenders - appears to...Published: 01 Nov 2017 at 13:08hrs | | by Staff Reporter
Usiphatheleni 'robbers' acquitted
WHERE'S the proof?Gad McDonald Brewer and Lot Virimai walked out of the Bulawayo magistrates court not guilty of robbery.The two faced a charge of robbing a Bulawayo forex dealer Hamun...Published: 20 Oct 2017 at 06:44hrs | | by Staff reporter
Police welcome new law criminalising cash vending
POLICE have welcomed the newly gazetted law that criminalises cash vending saying deterrent sentences could eradicate the illegal money changing crime.The Government on Thursday gazetted the a...Published: 30 Sep 2017 at 06:59hrs | | by Staff reporter
Police launch blitz on illegal cash dealers
POLICE in Bulawayo yesterday descended heavily on illegal cash dealers popularly known as osiphatheleni in a bid to eradicate the thriving black market that government blames for the cash shortages pl...Published: 28 Sep 2017 at 07:01hrs | | by Staff reporter
Scores of osphatheleni arrested in Bulawayo
POLICE in Bulawayo have launched a blitz targeting illegal forex changers popularly known as osiphatheleni who are accused of hoarding cash at a time when the cash crisis has worsened.The blit...Published: 28 Sep 2017 at 06:44hrs | | by Staff reporter
Maid fingered in usiphatheleni robbery
INSIDE job?A maid has been fingered in a robbery where a forex dealer lost $4 000 in April.Gud McDonald Brewer and Lot Sam Virimai the accused claimed that the complainant's maid Agnes...Published: 22 Sep 2017 at 06:24hrs | | by Staff reporter
Death threats as osiphatheleni fight
A NASTY fight has erupted between two illegal foreign currency dealers popularly known as osiphatheleni after one of them who was robbed of cash by gun-wielding robbers in July accused her colleague o...Published: 15 Sep 2017 at 06:54hrs | | by Staff reporter
PHOTO: Visiting Bishop prays for 93-yr-old Mugabe
The Visiting WORLD renowned preacher Bishop TD Jakes on Friday visited President Robert Mugabe and his wife Grace at the State House where he prayed for them.In the picture see Bishop and his ...Published: 10 Sep 2017 at 11:36hrs | | by Stephen Jakes
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