Search / Profit
Security Guards petition Kazembe over poor salaries
The Zimbabwe Security Guards Union (ZISEGU) has called on the Minister of Home Affairs, Kazembe Kazembe, to urgently repeal Statutory Instrument 58/2024, which the union claims contributes to the low ...Published: 14 hrs ago | 646 | 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: 14 hrs ago | 654 | by Staff reporter
US Embassy wants Zimbabweans to take part in US-funded programme
The United States (US) Embassy has invited organisations and individuals across Zimbabwe to apply for the Academy for Women Entrepreneurs (AWE) programme, designed to foster entrepreneurship skills am...Published: 14 hrs ago | 379 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 14 hrs ago | 22 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 23 hrs ago | 1172 | by Wilbert Mukori
Replace unsafe Honda Fits with Kombis
Stakeholders within Zimbabwe's transport sector are advocating for the government to implement a budgetary support scheme aimed at encouraging small operators to exchange their unsafe, unregistered ta...Published: 20 Nov 2024 at 06:51hrs | 342 | by Staff reporter
Goat production gains traction in drought-hit Zimbabwe
As Zimbabwe continues to battle the effects of an El Niño-induced drought, goat farming is emerging as a resilient and economically viable solution for farmers facing increasingly harsh climatic cond...Published: 19 Nov 2024 at 08:50hrs | 197 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 164 | by Staff reporter
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3445 | by Mandla Ndlovu
Betty Nhambu-Kaseke, Tavengwa and Tzu Chi rescue Kuwadzana
There were early Christmas donations and distribution this Friday in Harare's Kuwadzana and Highfields suburbs when Betty Nhambu-Kaseke (Founder President...Published: 15 Nov 2024 at 22:27hrs | 889 | by Gideon Madzikatidze
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 158 | by Tendai Ruben Mbofana
Zimbabwe's second-largest city at risk of running dry by year-end
The taps in Zimbabwe's second-biggest city may run dry by the end of this year.Already, residents of Bulawayo have had to cope without piped water for at least five-and-a-half days a week and ...Published: 14 Nov 2024 at 09:55hrs | 433 | by Staff reporter
Gold glitters as Caledonia's profit after tax jumps 872%
Caledonia Mining Corporation Plc, listed on the Victoria Falls Stock Exchange, has reported a remarkable 872% rise in profit after tax to US$16.45 million for the nine months ending September 30, 2024...Published: 12 Nov 2024 at 10:57hrs | 133 | by Staff reporter
Power Sales workers fume over salaries
Powersales, a retail clothing chain in Bulawayo, is embroiled in a dispute with its employees after management decided to offset outstanding salaries with sewing machines, leaving workers dissatisfied...Published: 10 Nov 2024 at 10:57hrs | 264 | by Staff reporter
Call for transparency and Stakeholder Consultation on New Cyber and Data Protection Licencing Regulations
The recent implementation of the Cyber and Data Protection Licencing regulations (S.I. 155 of 2024) by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has sparked significa...Published: 08 Nov 2024 at 14:44hrs | 109 | by Engineer Jacob Kudzayi Mutisi
Foreign funded CSOs rail at govt over PVOs Bill
The government has faced intense criticism for fast-tracking the controversial Private Voluntary Organisations (PVOs) Amendment Bill, bypassing key input from Zimbabwe's civil society organisations (C...Published: 08 Nov 2024 at 07:08hrs | 162 | by Staff reporter
Ramaphosa, DA secret deal clinched before elections
The outspoken SACP general secretary, Solly Mapaila, says he stumbled upon credible intelligence way before the May 29 elections, exposing that the ANC secretly had a predetermined agenda to go into b...Published: 06 Nov 2024 at 09:26hrs | 1173 | by Staff reporter
Zimbabwean man in court for defrauding Defence deputy minister
A 29-year-old man from Maglas Township in Zvishavane, Midlands Province, appeared before the Harare Magistrates Court on Thursday facing a fraud charge after allegedly defrauding Zimbabwe's Defence De...Published: 06 Nov 2024 at 06:57hrs | 1383 | by Staff reporter
Sex workers turn to illegal mining
Several commercial sex workers in Guruve have turned to illegal mining due to the harsh economic conditions.The sex workers have joined a huge number of illegal miners in Guruve Centre where t...Published: 04 Nov 2024 at 13:45hrs | 908 | by Simbarashe Sithole in Guruve
South Africa apex court reverses GMO approval
After an arduous nine-year legal battle, a full bench of the supreme court of appeal (SCA) has set aside the commercial approval of a drought-tolerant genetically modified (GM) variety of maize....Published: 04 Nov 2024 at 10:44hrs | 1845 | by Staff reporter
Zimbabwe govt whips errant Chinese miners
The Zimbabwean government has intensified its efforts to combat environmental degradation linked to alluvial mining along the Sanyati River in Hurungwe, targeting two Chinese companies accused of illi...Published: 04 Nov 2024 at 06:48hrs | 876 | by Staff reporter
Dr Nkululeko Sibanda's assets to be forfeited
The National Prosecuting Authority of Zimbabwe (NPAZ) has filed a High Court application to seize properties worth millions of dollars from the estate of the late businessman Dr. Nkululeko Sibanda, ac...Published: 03 Nov 2024 at 10:03hrs | 3284 | by Staff reporter
African Sun to Sell Monomotapa Hotel
The Zimbabwe Stock Exchange-listed hospitality group, African Sun Limited, has announced plans to sell its flagship property, the Monomotapa Hotel Crowne Plaza in Harare. The move comes as part of a s...Published: 01 Nov 2024 at 06:27hrs | 296 | by Sgtaff reporter
Guard shoots at marauding illegal gold panners, 1 dead
Tragedy struck at a gold mine in Guruve on Thursday when 33-year-old Titus Masango was shot dead amid a violent confrontation involving a gang of illegal gold panners. The incident, confirmed by the Z...Published: 27 Oct 2024 at 12:31hrs | 431 | by Staff reporter
Report: Starlink's Entry into Zimbabwe Shakes Up Telecom Market
Introduction The recent launch of Starlink, a satellite internet constellation, in Zimbabwe has brought relief to consumers who have long been exploited...Published: 26 Oct 2024 at 21:29hrs | 3685 | by Nkomah Isaac
Is Zimbabwe about to create land oligarchs?
The government, through Information minister Jenfran Muswere, has announced a significant shift in land policy, declaring that state land, previously offered to local indigenous people under the "land...Published: 21 Oct 2024 at 11:06hrs | 704 | by Admire Maparadza Dube
'PVO Bill will clean up Zimbabwe civic space,' says Ziyambi
The Private Voluntary Organisations (PVO) Amendment Bill successfully passed through the Senate on Thursday, moving a step closer to becoming law. The bill, which has stirred controversy, was read for...Published: 20 Oct 2024 at 21:03hrs | 426 | by Staff reporter
Bulawayo to honour Homeless World Cup star
The City of Bulawayo is gearing up to celebrate female goalkeeper Linnet Moyo, who made waves at the 2024 Homeless World Cup in South Korea by being named the Goalkeeper of the Tournament. Moyo was th...Published: 20 Oct 2024 at 14:08hrs | 271 | by Staff reporter
Setback for Ramaphosa as another major retailer in South Africa closes its doors
Jumia Technologies, the Africa-focused e-commerce retailer that operates popular online retailer Zando, says it will be exiting the South African business by the end of the year to sharpen its focus o...Published: 19 Oct 2024 at 12:31hrs | 9582 | by Staff reporter
Zimbabweans seek better healthcare in Zambia amid failing system
Shupikai Sithole, a 54-year-old cancer patient, embodies the plight of many Zimbabweans who find themselves in desperate need of adequate healthcare. After receiving insufficient treatment in her home...Published: 19 Oct 2024 at 12:13hrs | 379 | by Staff reporter
Billions 'wiped off' Zimbabwe banks
Bankers in Zimbabwe have attributed a significant downturn in revenues to frequent changes in the country's functional currency, as first-half financial statements revealed a staggering loss of billio...Published: 18 Oct 2024 at 12:28hrs | 1427 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 186 | by Staff reporter
Mutapa to acquire drug producer CAPS Holdings
Zimbabwe's sovereign wealth fund, the Mutapa Investment Fund, is set to acquire local healthcare and drug manufacturing giant CAPS Holdings, despite a Supreme Court ruling earlier this year overturnin...Published: 14 Oct 2024 at 08:10hrs | 186 | by Staff reporter
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 186 | by Staff reporter
ZIM condemns Mnangagwa's US$3 billion white farmers compensation plan
The Zimbabwe Independent Movement (ZIM) has condemned Mnangagwa's US$3 billion compensation package for white farmers, describing the act as reversal for the liberation struggle gains.In a sta...Published: 13 Oct 2024 at 11:28hrs | 898 | by Staff Reporters
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Doji Candle: Understanding Its Role in Trading
The Doji candle stands out as one of the most intriguing candlestick patterns used by traders, offering a window into the market's state of uncertainty. It frequently appears during moments when buyer...Published: 09 Oct 2024 at 13:17hrs | 341 | by Staff Reporter
Pirate taxis, kombis unsafe for school pupils
Bulawayo authorities have strongly condemned the use of pirate taxis, commonly known as mushikashika, and commuter omnibuses for transporting school pupils, citing significant safety concerns, particu...Published: 09 Oct 2024 at 07:53hrs | 452 | by Staff reporter
Bosso made more profit through fan boycott?
In a surprising twist, there were 400 more people at the Highlanders Clubhouse than at Barbourfields Stadium during Highlanders' 2-0 win against ZPC Kariba on Sunday. Only 1,314 people paid to watch t...Published: 09 Oct 2024 at 07:41hrs | 821 | by Staff reporter
Chinhoyi's Varsity Heights bowls over Mnangagwa
President Emmerson Mnangagwa has reaffirmed the government's dedication to creating an inclusive learning environment that meets the diverse needs of students across Zimbabwe. His remarks came during ...Published: 07 Oct 2024 at 10:14hrs | 2731 | by Staff reporter
Unethical practices stall Zimbabwe's development
Experts have identified unethical practices and insufficient corporate governance structures as significant contributors to Zimbabwe's underdevelopment. This observation was made during the inaugural ...Published: 07 Oct 2024 at 08:06hrs | 238 | by Staff reporter
Zimbabwe migrants creating jobs, saving lives in SA
For Butholezwe Nyathi, saving lives is more than just a career; it's a mission that transcends borders. At 45 years old, the Matabeleland South native's journey took a dramatic turn in 2003 when he le...Published: 07 Oct 2024 at 08:03hrs | 495 | by Staff reporter
Mohadi invites Diasporans to invest
Vice President Kembo Mohadi has extended an invitation to Lesotho businesses and Zimbabweans in the Diaspora to explore the wide range of investment opportunities available in Zimbabwe, aligning with ...Published: 07 Oct 2024 at 07:56hrs | 88 | by Staff reporter
American activists called on U.S. authorities to stop supporting Ukraine and halt arms supplies
A meeting of the non-profit organization, "Ecological Union of Pacifists and Nonconformists," with journalists and public figures, was held in New York recently. The meeting took the form of a confere...Published: 06 Oct 2024 at 11:06hrs | 519 | by Staff Reporter
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 610 | by Staff reporter
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1079 | by Staff reporter
Zimbabwe govt working on currency stability
In a comprehensive State of the Nation Address delivered yesterday at the new Parliament Building in Mt Hampden, President Emmerson Mnangagwa highlighted the government's ongoing efforts to stabilize ...Published: 03 Oct 2024 at 08:47hrs | 167 | by Staff reporter
Foreign mining companies should follow Zimbabwe laws
Foreign mining companies must ensure their operations in Zimbabwe benefit indigenous citizens, who are the rightful owners of the country's natural resources. This was the message from Remigious Matan...Published: 03 Oct 2024 at 08:40hrs | 152 | by Staff reporter
Zanu PF consistent, immovable and unshaken
AMERICAN journalist and essayist Henry Louis Mencken once remarked: "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by an endless series ...Published: 02 Oct 2024 at 16:14hrs | 357 | by Dr Obert Moses Mpofu
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1192 | by Staff reporter
Load More Stories
