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Zimbabwean accountant's estate sequestrated for R17 million fraud
A Zimbabwean accountant has had his estate finally sequestrated after stealing millions of rand from his former employer, Johannesburg-based non-profit company Education and Training Unit (ETU)....Published: 29 Aug 2025 at 07:20hrs | 1353 | by Staff reporter
High bank charges hindering financial inclusion in Zimbabwe
High bank charges imposed by local financial institutions are choking financial inclusion in Zimbabwe and running contrary to best practices across the region, a new National Economic Consultative For...Published: 29 Aug 2025 at 06:01hrs | 496 | by Staff reporter
Business leaders demand crisis talks with Mnangagwa
Zimbabwe's business leaders are pressing for an urgent meeting with President Emmerson Mnangagwa, warning that unresolved economic challenges require his direct intervention as ministries and regulato...Published: 28 Aug 2025 at 06:55hrs | 1044 | by Staff reporter
Hillside Teachers' College expands work-for-fees programme
Hillside Teachers' College is continuing its work-for-fees programme, designed to support financially needy students, the institution's principal, Dr Sifelani Jabangwe, has confirmed.Speaking ...Published: 27 Aug 2025 at 05:53hrs | 261 | by Staff reporter
Top Zimbabwe business executive arrested for fraud
Prominent corporate executive Never Mhlanga is expected to appear in court this morning facing fraud charges linked to the controversial sale of Montclair Hotel and Casino in Juliasdale, Nyanga, to th...Published: 26 Aug 2025 at 13:09hrs | 2832 | by Staff reporter
Zimbabwe govt cash transfer scheme runs dry
Zimbabwe's urban cash transfer programme, designed to support vulnerable families, has effectively collapsed, with Social Welfare Minister Edgar Moyo revealing in Parliament that no funds have been di...Published: 25 Aug 2025 at 22:21hrs | 532 | by Staff reporter
Chiwenga accused of funds misuse
Apostle Chibanda has publicly accused Apostle Chiwenga of misappropriating funds collected from church members. Chibanda alleges that Chiwenga solicited money under the pretext of building a new churc...Published: 25 Aug 2025 at 21:12hrs | 1270 | by Staff reporter
Zimbabwe maintains maize import ban
The government says it is pleased with the steady flow of maize deliveries to the Grain Marketing Board (GMB) following last year's poor season, which forced Zimbabwe to import grain.Agricultu...Published: 25 Aug 2025 at 20:58hrs | 137 | by Staff reporter
FRAUD ALERT: Windmill warns public against illegal land sales
Windmill (Private) Limited has issued a stern warning to the public over fraudulent land sales involving its property, Lot FA Kinvara, measuring 65.2436 hectares, which is being illegally marketed as ...Published: 25 Aug 2025 at 08:01hrs | 896 | by Staff reporter
Zimbabwe is losing over US$6bn to illicit financial flows
Zimbabwe is losing an estimated US$6,15 billion to illicit financial flows (IFFs) between 2020 and 2025, a drain that experts say is depriving the country of critical resources needed for development....Published: 25 Aug 2025 at 06:01hrs | 263 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 370 | by Staff reporter
Zimra's new system sees number of tax payers double
Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures pr...Published: 24 Aug 2025 at 09:51hrs | 529 | by Staff reporter
War veteran's smart city dream stalled
A war veteran's vision to transform his Elmswood Farm in Marondera into a modern smart city has been thrown into turmoil amid allegations of land grabbing and corruption by senior council officials....Published: 24 Aug 2025 at 09:48hrs | 199 | by Staff reporter
Traders seek Chiwenga's help over market fees
Vice-President Constantino Chiwenga has been dragged into a heated dispute at Harare's Mbare Musika retail market, where traders are protesting against what they describe as "extortionist fees" and ex...Published: 24 Aug 2025 at 09:21hrs | 132 | by Staff reporter
Zanu-PF councillor grabs farm, jailed
A Zanu-PF councillor in Bulawayo has spent nearly a month behind bars after defying a series of court orders to vacate a disputed farmhouse in Umguza district, Matabeleland North.Ward 1 counci...Published: 22 Aug 2025 at 13:15hrs | 249 | by Staff reporter
How to tell if you are financially ready for franchise ownership
Franchise ownership can be an exciting way to step into entrepreneurship with the support of an established brand. Unlike starting a business from scratch, franchises offer proven systems, training, a...Published: 22 Aug 2025 at 12:56hrs | 105 | by Staff Reporter
High Court removes ZHPT from contested housing project
The High Court of Zimbabwe has stripped the Zimbabwe Housing Projects Trust (ZHPT) of control over the Fortune Meadowlands Park housing scheme, in a ruling that underscores the risks faced by aspiring...Published: 22 Aug 2025 at 09:45hrs | 206 | by Staff reporter
Employees in $1.5 million illegal forex transfers to UAE
Two employees of a Harare-based company have appeared in court for allegedly operating an unlicensed money transfer business that moved more than US$1.5 million offshore.Kudzai Munatsi, 37, of...Published: 21 Aug 2025 at 08:46hrs | 400 | by Staff reporter
Bitumen World forced to cut jobs
One of Zimbabwe's leading construction firms, Bitumen World (BW), has announced job cuts due to delayed payments from government projects, highlighting the ongoing financial challenges in the country'...Published: 21 Aug 2025 at 08:26hrs | 461 | by Staff reporter
Tembeka Nicolas Ngcukaitobi, your legal reputation could be on the line!
Having had the Lungu case decided conclusively in court by three judges, a sudden twist of events followed immediately after the ruling. The Lungu family must have prepared themselves for both outcome...Published: 20 Aug 2025 at 21:10hrs | 584 | by Nomazulu Thata
AMH workers go 9 months without pay
Alpha Media Holdings (AMH), publishers of NewsDay, Zimbabwe Independent and The Standard, has come under fire after going nine months without paying its employees, sparking outrage among journalists a...Published: 20 Aug 2025 at 14:51hrs | 667 | by Staff reporter
Court dismisses bar operators' case against Rufaro Marketing
The High Court has struck off the roll a case brought by three Harare bar operators against Rufaro Marketing (Pvt) Ltd, a company owned by the Harare City Council, in a ruling that strengthens t...Published: 20 Aug 2025 at 09:07hrs | 157 | by Staff reporter
Hospital accountant jailed 12 years for US$123,000 fraud
A 30-year-old accountant has been sentenced to 12 years in prison after defrauding his employer, a private hospital in Harare, of more than US$123,700, ZW$15.3 million, and ZiG95,409.Tonderai ...Published: 19 Aug 2025 at 19:12hrs | 1164 | by Staff reporter
Harare paid millions on roads that don't exist
Harare faces fresh scrutiny after reports revealed that millions of US dollars were paid for the rehabilitation of 43 roads that were never constructed. A 2019 internal audit confirmed that, despite f...Published: 19 Aug 2025 at 12:08hrs | 1005 | by Staff reporter
Zimbabwean startups join Visa's Fintech Accelerator
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...Published: 19 Aug 2025 at 12:06hrs | 202 | by Staff reporter
ZiG gains traction in domestic transactions
The Zimbabwe Gold (ZiG) currency is gaining momentum in the domestic financial system, now accounting for 40 percent of electronic payment transactions, six months after a strategic push by the Reserv...Published: 19 Aug 2025 at 08:53hrs | 133 | by Staff reporter
Government Officials Who Lied About Progress Muzuva, the Injured Nurse, Must Resign
Government Officials Who Lied About Progress Muzuva, the Injured Nurse, Must ResignThe lies told by government officials over the plight of injured rural nurse, Progress Muzuva, have been brut...Published: 19 Aug 2025 at 07:55hrs | 241 | by Engineer Jacob Kudzayi Mutisi
ZIMRA Officially Commissions TaRMS
The Zimbabwe Revenue Authority (ZIMRA) proudly announces the official commissioning of its Tax Administration and Revenue Management System (TaRMS) on the morning of August 18th. This landmark occasio...Published: 19 Aug 2025 at 07:53hrs | 827 | by ZIMRA
Gweru fails to confirm receipt of ZWL$226,9m govt grant
Gweru City Council has once again come under scrutiny after the Auditor-General's (AG) 2024 report revealed serious financial irregularities, including failure to confirm receipt of a ZWL226,9 million...Published: 18 Aug 2025 at 08:39hrs | 149 | by Staff reporter
Lies about injured nurse exposed
Government claims of supporting an injured rural nurse have been exposed as misleading after the nurse, Progress Muzuva, produced receipts and medical records showing she has been paying her own medic...Published: 17 Aug 2025 at 11:29hrs | 452 | by Staff reporter
Fresh land invasions rock Zvimba farm
A fresh wave of land invasions has hit Warwick Farm, a once-thriving agricultural estate on the shores of Lake Chivero in Zvimba district, with politically connected land barons accused of pegging and...Published: 17 Aug 2025 at 10:06hrs | 154 | by Staff rporter
Bulawayo turns to groundwater to tackle water shortages
The Bulawayo City Council and the Zimbabwe National Water Authority (Zinwa) are exploring innovative groundwater extraction solutions in a bid to address the city's persistent water shortages. The ini...Published: 17 Aug 2025 at 10:02hrs | 126 | by Staff rporter
NHS hit by pension scandal
Zimbabwe's state-controlled National Handling Services (NHS) is facing a serious corporate governance and financial scandal, with reports of unremitted pension funds totaling nearly US$1 million and q...Published: 17 Aug 2025 at 09:59hrs | 292 | by Staff rporter
Chegutu charges US$72 tombstone fees
The Municipality of Chegutu has issued a public notice reminding residents and ratepayers that a fee of US$72 is required for the erection of tombstones or grave construction within municipal cemeteri...Published: 16 Aug 2025 at 17:37hrs | 589 | by Staff reporter
Councillors demand action as darkness sparks mugging deaths
HARARE councillors have called on the City of Harare to allow district offices to directly use funds collected from ratepayers for ward-specific services, particularly street lighting, following repor...Published: 16 Aug 2025 at 13:31hrs | 132 | by Staff reporter
Ex-bank consultant jailed for US$23,000 fraud
A former ZB Bank loan consultant, Cosmas Bhude, has been sentenced to an effective three years and nine months in prison for defrauding clients of more than US$23,000 through a series of fraudulent lo...Published: 16 Aug 2025 at 13:25hrs | 162 | by Staff reporter
Funds looted in shocking Harare 'ghost projects' scandal
Millions of dollars earmarked for road rehabilitation and water infrastructure in Harare have disappeared under murky circumstances, with contractors paid in full for projects that were never carried ...Published: 16 Aug 2025 at 13:17hrs | 109 | by Staff reporter
Zimbabwe govt pledges timely wheat payments
The government has vowed to pay all wheat farmers on time this season to secure grain supplies and help producers prepare for the next planting cycle.Lands and Agriculture Minister Dr Anxious ...Published: 14 Aug 2025 at 15:28hrs | 150 | by Staff reporter
Mbare residents face eviction
Harare City Council (HCC) has issued a 14-day ultimatum to tenants living in Mbare flats to settle outstanding rental arrears or face eviction, despite the residents enduring squalid and deteriorating...Published: 14 Aug 2025 at 10:39hrs | 173 | by Staff reporter
Man arrested for posing as lawyer
A 26-year-old man from Budiriro, Prosper Tapiwa Manyagadze, appeared before Harare Magistrate Musaiona Shotgame on charges of fraud and forgery after allegedly posing as a registered legal practitione...Published: 14 Aug 2025 at 10:37hrs | 139 | by Staff reporter
The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 595 | by Staff Reporter
How forex brokers make money - and what that means for your trades
Most know that it is best to choose brokers licensed by authorities like FCA (UK), ASIC (Australia), or CFTC (US) for greater transparency. When people choose a broker, they concentrate on the conditi...Published: 13 Aug 2025 at 18:38hrs | 273 | by Staff Reporter
Government debt cripples Masvingo City
Masvingo City Council is facing mounting challenges in delivering basic services due to the government's failure to settle substantial debts owed to the local authority, with claims that various gover...Published: 13 Aug 2025 at 13:04hrs | 196 | by Staff reporter
Harare working to clear payroll backlogs
The City of Harare has confirmed that it has completed its June payroll and is in the process of finalizing July payments in both Zimbabwe Gold (ZiG) and United States dollars.Speaking at the ...Published: 13 Aug 2025 at 13:01hrs | 208 | by Staff reporter
Zimbabwe conducts digital currency survey
The Reserve Bank of Zimbabwe (RBZ) has intensified its preparations to introduce a Central Bank Digital Currency (CBDC) through a phased approach, starting with consumer perception surveys to gauge pu...Published: 12 Aug 2025 at 08:41hrs | 272 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 207 | by Staff reporter
Zimbabwe allocates US$25 million to compensate civil servants
The Zimbabwean government has earmarked US$25 million to compensate civil servants for pension losses incurred before 2009 due to the country's period of hyperinflation. This move follows recommendati...Published: 11 Aug 2025 at 09:08hrs | 570 | by Staff reporter
Mt Darwin's multimillion dollar tourist resort takes shape
Land developer MCM Estates has broken ground on a massive 100-hectare multi-million-dollar tourism development project in the scenic Chesa area of Mt Darwin, a venture expected to transform the Mashon...Published: 10 Aug 2025 at 19:27hrs | 443 | by Staff reporter
Zimbabwe repays US$176 million in external debt
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...Published: 10 Aug 2025 at 12:12hrs | 527 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 129 | by Staff reporter
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