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RBZ unveils another 'looting scheme'
The Reserve Bank of Zimbabwe (RBZ) has introduced the Targeted Finance Facility (TFF) with an aim to provide affordable credit to key productive sectors such as agriculture, manufacturing, and mining....Published: 11 Jan 2025 at 08:20hrs | 1187 | by Staff reporter
Chamisa ally's pointed rebuke of Mnangagwa
In absence, Zambian President Hichilema Hakainde cast a shadow at President Emmerson Mnangagwa's parade on Saturday as he assumed the rotational chairmanship of SADC.Mnangagwa had pulled all s...Published: 18 Aug 2024 at 13:10hrs | 1406 | by Staff reporter
Why a farmer is riding from Zimbabwe to Windhoek on a horse
When Ben Freeth headed west on horseback from the derelict Mount Carmel farm near Chegutu in Zimbabwe on 28 November, he had to lay low. For about 800km, Freeth avoided roads and stuck to the bush, fo...Published: 12 Mar 2024 at 20:05hrs | 16 | by GroundUp
Brito confident of Dembare victory
HIGHLANDERS Football Club coach Baltemar Brito put up a grin at yesterday's press conference, as he said he hopes to get lucky and guide his team to a victory within 90 minutes of play against Dynamos...Published: 24 May 2023 at 05:59hrs | 14 | by Staff reporter
Zimbabwe MPs fret over accommodation
LEGISLATORS have asked Finance minister Mthuli Ncube to urgently address the issue of their accommodation in Harare to allow them to complete crafting outstanding Bills currently before Parliament....Published: 29 Mar 2023 at 06:57hrs | 3 | by Staff reporter
Rival amakorokoza groups clash in Nkankezi
GOGO Martha Mlotshwa swears that she has never seen so much blood in her 75 years of existence.At her age, she has seen it all - the good, the bad and the worst of humanity but the level of vi...Published: 03 Dec 2022 at 07:12hrs | 1 | by Staff reporter
Mnangagwa creates unprecedented chaos
AGAINST threats from growth inhibiting factors, like pandemic-induced lockdowns, forex shortages, hyperinflation and rolling blackouts, Zimbabwe's industrial sector expanded by a big margin last year....Published: 13 May 2022 at 19:11hrs | 1 | by Staff reporter
Reserve Bank maintains policy rate
THE central bank maintained its policy and overnight accommodation rates yesterday, saying this was important to contain inflationary pressures and tie down money supply growth.Yesterday's mov...Published: 06 Aug 2021 at 07:52hrs | | by Staff reporter
Date set for launch of tobacco marketing season
THE Tobacco Industry and Marketing Board (TIMB) has announced that preparations for the opening of the tobacco marketing season are at an advanced stage, with farmers required to adhere to set standar...Published: 17 Mar 2021 at 06:35hrs | 1 | by Staff reporter
RBZ chief warms up to fintech
THE Reserve Bank of Zimbabwe (RBZ) says it will create a financial technology (fintech) regulatory sandbox that is likely to transform the banking sector.According to Investopedia, fintech is ...Published: 26 Feb 2021 at 06:48hrs | 4 | by Staff reporter
RBZ projects inflation fall
THE Reserve Bank of Zimbabwe (RBZ) yesterday forecast annual inflation to plummet to less than 10% this year, driven by a good agricultural season, fiscal and financial sector stability.Zimbab...Published: 19 Feb 2021 at 07:16hrs | | by Staff reporter
Cash withdrawal limits, lending rates go up
THE Reserve Bank of Zimbabwe (RBZ) has increased withdrawal limits to $2 000 from $1 000 and reviewed upwards the bank policy and private sector lending rates as part of comprehensive measures to stre...Published: 19 Feb 2021 at 06:49hrs | 1 | by Staff reporter
Forex auction resumes
THE Foreign Currency Auction Trading System resumes today after the festive season break amid expectations the exchange rate will have less pressure as demand for forex is traditionally low during thi...Published: 12 Jan 2021 at 08:38hrs | 2 | by Staff reporter
RBZ keeps policy rate at 35%
THE Reserve Bank of Zimbabwe (RBZ) said on Monday its monetary policy committee (MPC) had agreed to maintain the policy rate at 35% as part of measures to keepspeculative borrowing at bay....Published: 15 Oct 2020 at 06:43hrs | | by Staff reporter
Zimdollar rates tumble ahead of monetary policy
THE Reserve Bank of Zimbabwe (RBZ) is expected to announce the Mid-Term Monitory Policy statement in the coming days.The market is not anticipating major changes to the country's economic fort...Published: 06 Sep 2019 at 07:40hrs | 2 | by Victor Bhoroma
Mangudya's Treasury Bills get massive investor thumbs up
THE Reserve Bank of Zimbabwe (RBZ) said on Friday it received offers amounting to double the ZWL$60 million it sought to raise through treasury bills (TBs) it put to tender last week. The cent...Published: 26 Aug 2019 at 06:56hrs | | by Staff reporter
Zimbabwe Treasury Bills auction begins
THE Reserve Bank of Zimbabwe (RBZ) is looking to raise $30 million to finance Government programmes through the issuance of Treasury Bills via an auction system. Treasury Bills (TBs) are...Published: 01 Aug 2019 at 09:18hrs | | by Staff reporter
Multi-currency was a disaster
Government says multi-currency system created fiscal and monetary challenges, stunting economic growth and making most industries in Zimbabwe uncompetitive. Treasury permanent-secretary George...Published: 08 Jul 2019 at 08:31hrs | 1 | by Staff reporter
'Multi-currency stifled Zimbabwe economic growth'
THE use of the multi-currency system since 2009 stifled growth as the country could not utilise monetary instruments to stimulate economic activity, Finance and Economic Development Minister, Prof Mth...Published: 08 Jul 2019 at 07:57hrs | 1 | by Staff reporter
SA police launch manhunt for Zimbabwean armed robber
Police in Apel near Lebowakgomo outside Polokwane have launched a massive manhunt for a group of armed suspects, among them a Zimbabwean man, in connection with a case of robbery at guest houses in th...Published: 14 May 2019 at 07:18hrs | 2 | by Staff reporter
Case for return of Zimdollar
In year 2014, I wrote an article explaining why the government should bring back our own local currency, and I was bashed by all and sundry. I am expecting the same reaction in response to this articl...Published: 02 Oct 2018 at 09:48hrs | 9 | by Ayanda Nyanga
'Soldier' steals cash, clothes
A SAKUBVA family that played Good Samaritan and gave overnight accommodation to a bogus soldier is counting losses after the visitor vanished after stealing money, clothes and some groceries.T...Published: 11 May 2018 at 07:12hrs | 1 | by Staff reporter
Kazungula Bridge spells economic doom for Zimbabwe
Economists have warned that the newly-commissioned Kazungula rail road bridge between Zambia and Botswana spells economic doom for Zimbabwe as it would divert business from the country.T...Published: 17 Mar 2018 at 08:20hrs | | by Staff reporter
Outrage over Zimsec scandal
Education sector stakeholders have called for the immediate resignation of Zimbabwe School Examinations Council (Zimsec) management after the shameful leakage of a November 2017 English Language exami...Published: 11 Feb 2018 at 07:52hrs | 4 | by Staff reporter
Zimsec assures candidates meals, overnight accommodation
THE Zimbabwe School Examinations Council (Zimsec) has assured all candidates who are going to re-write the Ordinary-Level English Paper 2 next Friday at boarding schools that they will get overnight a...Published: 10 Feb 2018 at 07:10hrs | 6 | by Staff Reporter
Brothels ravage Bulawayo
Brothels are multiplying in Zimbabwe's second largest city, with concerned city fathers mulling a campaign to clampdown on the menace.A survey by the Southern News found that numerous town hou...Published: 30 Aug 2017 at 13:07hrs | 2 | by Staff reporter
August - the month of traditional worship
THE lunar month of August starting on Tuesday is upon us. Zimbabwe is a country in which that period is culturally associated with traditional worshipping at several shrines in various regions....Published: 30 Jul 2017 at 08:12hrs | 1 | by Saul Gwakuba Ndlovu
'Day time' prostitution rife in city
WHILE the so-called oldest profession usually takes place under the cover of the night daring teens in Bulawayo have established their own prostitution rings that operate in broad daylight, a Sunday N...Published: 28 May 2017 at 09:14hrs | 3 | by Staff reporter
Belief in witchcraft sees man who killed 'goblin' woman acquitted
A MAN from Nkayi who brutally axed a mentally ill woman he suspected to be a goblin, has been acquitted.Bulawayo High Court judge, Justice Francis Bere, who is on circuit in Hwange, acquit...Published: 12 Nov 2016 at 18:55hrs | | by Staff reporter
Prostitute steals R11,000 from Zimra official, locks him in hotel room
A 21-YEAR-OLD hooker stole R11,000, $550 and two cellphones from a Zimbabwe Revenue Authority (Zimra) official before locking him in a hotel room.Police arrested Vanessa Makota of Manhede in M...Published: 04 Mar 2016 at 05:54hrs | 1 | by Thupeyo Muleya
Zimbabwe ready to receive victims of xenophobia
The state media reports that, the civil protection unit has put all structures in place in preparations for the arrival of Zimbabweans who are victims of South African xenophobia who are expecte...Published: 18 Apr 2015 at 08:14hrs | | by Staff Reporter
UPDATE: Maleme farmer manager hides from CIOs
LATEST MALEME UPDATE 10.03.2015Mashingaidze the CIO operative who got the offer later for Maleme ranch is reported to have visited the farm at around ...Published: 10 Mar 2015 at 11:01hrs | | by MDC
'SA deportations drop by 28%'
The number of people seeking assistance from the International Organisation for Migration (IOM) after deportation by road from South Africa dropped by 28 percent at the end of last year.The or...Published: 13 Jan 2015 at 07:02hrs | | by Thupeyo Muleya
How Makamure signed on Peter
What began as a mere bet translated into a fairytale football relationship that has claimed a special place in Zimbabwe's football folklore.It was an opportunistic meeting in 1992 that tied fo...Published: 09 Nov 2014 at 11:02hrs | | by Staff reporter
Macheso wedding, 800 guests invited
Sungura musician Alick Macheso is a happy and proud father as his daughter Sharon will be wedding next month at Pakare Paye Arts Centre in Norton while solemnisation will occur at the Salvation Army C...Published: 13 Jul 2014 at 16:10hrs | | by Staff reporter
Man rapes wheelchair bound granny, falls asleep
A Bulawayo man turned villain when he allegedly raped a 64 year-old wheelchair bound Good Samaritan who had offered him overnight accommodation.Nobert Zingovo, 26, of Emganwini appeared before...Published: 12 Jul 2014 at 20:40hrs | 2 | by Mashudu Netsianda
Zimbabwean immigrants denied pay in Botswana
ILLEGAL Zimbabwean immigrants working in Botswana are being deprived of their salaries as police in the neighbouring country have intensified mass deportations particularly on month ends. Speaking dur...Published: 12 May 2014 at 06:25hrs | 3 | by Sukulwenkosi Dube
RBZ extends minimum capital threshold deadline to Dec 2020
The central bank of Zimbabwe has extended the deadline for banking institutions to comply with the $100 million minimum capital thresholds to December 2020 from the initial deadline of June this year,...Published: 31 Jan 2014 at 02:28hrs | | by Gamma Mudarikiri
IOM suspends support for border jumpers
THE International Organisation for Migration (IOM) has stopped rendering assistance to persons aged above 17 years deported from Botswana and South Africa citing increasing operational challenges. ...Published: 14 Jan 2014 at 06:30hrs | 5 | by Staff reporter
SA deportations drops by 21%
The number of Zimbabweans being deported from neighbouring South Africa has decreased by 21 percent during the last 12 months.Deportations from SA resumed October 7, 2011 following the expiry...Published: 04 Jan 2014 at 09:48hrs | | by Staff Repoerter
Unregistered lodges and guest houses face closure
A NUMBER of guest houses and lodges in Bulawayo face closure as the Zimbabwe Tourism Authority (ZTA) cracks the whip on unregistered entities across the country to bring sanity to the tourism sector....Published: 02 Dec 2013 at 00:22hrs | | by Staff Reporter
Woman jailed for kidnapping a week old baby
THE 37-year-old Nyamandlovu woman who kidnapped a week-old baby belonging to a Mzilikazi woman three months ago, was yesterday sentenced to an effective four years in jail. Sihle Mhlanga, of ...Published: 06 Aug 2013 at 06:29hrs | 4 | by Court Reporter
South Africa deports 28 000 Zimbabweans
SOUTH Africa has deported more than 28 000 Zimbabweans through Beitbridge Border Post during the first half of the year, a sharp increase compared to 16 780 during the same period last year. ...Published: 06 Aug 2013 at 06:29hrs | 9 | by Staff reporter
Family reunited with their stolen 3-months-old baby
A Mzilikazi family has just been reunited with its 3-months-old baby that was stolen about three months ago.The world came crashing around Nqotshiwe Sibanda after her newly born baby had been ...Published: 02 Aug 2013 at 06:21hrs | 5 | by Staff Reporter
'Woman becomes six months pregnant overnight'
A man from Bulawayo's Luveve suburb got the shock of his life when a female stranger he had offered accommodation refused to vacate his house claiming he was responsible for her six months pregnancy....Published: 02 Jul 2013 at 05:42hrs | | by June Mpofu
Immigration official rapes border jumper
An Immigration official in Beitbridge allegedly raped a border jumper who had been deported from South Africa. The incident occurred at around 1 am on Monday at the International Organisation ...Published: 26 Mar 2013 at 20:16hrs | | by Staff Reporter
1 200 Zimbabweans deported from South Africa
SOUTH Africa last week deported more than 1 200 Zimbabweans through Beitbridge Border Post bringing to 35 031 the total number of illegal immigrants brought home since the neighbouring country resumed...Published: 27 Aug 2012 at 02:28hrs | | by Beitbridge Reporter
SA deports more border jumpers
SOUTH Africa on Tuesday deported 587 Zimbabweans through Beitbridge Border Post, bringing to 25 827 the total number of illegal immigrants brought home since the neighbouring country resumed the exerc...Published: 07 Jun 2012 at 05:01hrs | | by Beitbridge Reporter
Upmarket lodge opened in Beitbridge
A NEW upmarket lodge has opened its doors in Beitbridge as the town moves a gear up towards its transformation into a modern medium city. White Lodge, which is owned by a former Cold Storage employee ...Published: 23 Feb 2012 at 06:32hrs | | by Staff reporter
CBZ Bank to clear RTGS payments
CBZ Bank has stepped up efforts to clear all its outstanding payments through the Real Time Gross Settlement system by the end of this week. The bank indicated that it had put in place measures to mai...Published: 06 Feb 2012 at 20:57hrs | | by Staff reporter
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