Bulawayo24 News - Skyes! "it makes perfect sense"

RBZ policies, not banks, driving high lending rates

The Reserve Bank of Zimbabwe's (RBZ) regulatory policies, rather than commercial banks' practices, are the main drivers of the country's persistently high lending rates, financial experts have warned.Speaking during the fourth edition of t…

Published: 31 Oct 2025 at 09:02hrs | | by Staff reporter

MP raises alarm over Kwekwe Council's 'exorbitant' rates

Member of Parliament for Mbizo Constituency, Corban Madzivanyika, has raised alarm over what he described as exorbitant municipal rates being charged by Kwekwe City Council, saying the current billing system is overwhelming residents and n…

Published: 07 Jul 2025 at 11:36hrs | | by Staff reporter

ZITF urges hotels, lodges to moderate rates

The Zimbabwe International Trade Fair (ZITF) has urged the hospitality industry to reconsider its pricing structure, as exhibitors and visitors have raised concerns over high accommodation rates during the annual trade event.This issue was…

Published: 13 Apr 2025 at 09:39hrs | 168 | by Staff reporter

Zimbabwe's central bank claims success in stabilising rate and inflation

The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulative injection of US$150 million into the…

Published: 04 Dec 2024 at 14:23hrs | 301 | by Staff reporter

Bosso fans plan Bulawayo city council rates 'boycott'?

Highlanders Football Club fans are considering a boycott of their remaining Castle Lager Premier Soccer League (PSL) matches at Barbourfields Stadium and halting payment of Bulawayo City Council rates in protest against a contentious decis…

Published: 13 Oct 2024 at 12:23hrs | 698 | by Staff reporter

Harare pegs 2023 rates in forex

Harare City Council yesterday announced its 2023 budget that has rates indexed in US dollars with a high-density suburban holder set to fork out a minimum of US$23,15 in rates and fees a month, although the law insists that the payments ca…

Published: 10 Nov 2022 at 04:54hrs | | by Staff reporter

Bulawayo residents force council to shelve rates increase in 2023 budget

The City of Bulawayo is proposing a US$158 million budget for 2023 â€“ the same as this year's budget.Isaac Matare from the council's finance department said Monday that they had decided to stick to last year's budget as residents had indi…

Published: 25 Oct 2022 at 07:56hrs | | by Staff reporter

Interest rate hike haunts black market kingpins

Interventions by the Reserve Bank of Zimbabwe (RBZ) to stem prolonged currency battering have sent black market rates tumbling by over 50 percentage points within a month, Inter Horizon Securities (IH) has said, but cautioned against early…

Published: 16 Aug 2022 at 06:40hrs | 2 | by Staff reporter

RBZ summons retailers, manufactures

RETAILERS and manufacturers have been summoned to a no-holds-barred meeting on price hikes by the Financial Intelligence Unit (FIU), a unit of the Reserve Bank of Zimbabwe, especially against the backdrop of revelations that some leading c…

Published: 17 Jul 2022 at 09:05hrs | 1 | by Staff reporter

The proposed 1000% rates hike by BCC is madness

It is totally surprising to note that Bulawayo city council wants to increase rates by 1000 percent, while the residents are waiting the out come of corruption report.Ladies and gentlemen if  we check what the council have done so far…

Published: 12 Aug 2019 at 21:46hrs | | by Nothisa Dube

Zimbabwe black market forex rate should drop to 60%

THE eagerly anticipated Monetary Policy Statement (MPS) for 2019 was finally delivered by the Reserve Bank of Zimbabwe (RBZ) governor John Mangudya on Wednesday this week, the same day the budget statement of South Africa (SA) was being pr…

Published: 22 Feb 2019 at 09:09hrs | | by Brett Chulu

Amakhosi Cultural Theatre survives closure

BULAWAYO-BASED Amakhosi Cultural Theatre has survived closure after city fathers agreed to exempt the arts centre from paying rates to the local authority amid indications water supplies had already been cut over outstanding payments, Sout…

Published: 02 Jul 2018 at 08:03hrs | | by Staff reporter

Rates exemption for Nkomo Museum

THE Bulawayo City Council has exempted the Joshua Nkomo Museum in Matsheumhlope from paying rates.The Joshua Nkomo Museum is a public museum for natural history and gallery chronicling the history of the liberation struggle.According to th…

Published: 09 Jun 2018 at 15:46hrs | | by Staff reporter

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Prophet Magaya remanded in custody

Bata workforce hits 1,326

Harare to make it expensive to bury the dead

Zimbabwe moves to make local holidays more affordable

Hlalani Kuhle beneficiaries get title deeds

ZESCO faces US$5m penalty for exceeding Kariba water allocation

Prophet Magaya and wife to appear in court

Mnangagwa leaves for Qatar

DANet Defends ZANU-PF-Aligned Philanthropists Amid Public Criticism

Plumtree man in court for assaulting brother over food dispute

Beer thief jailed for breaking into bar

Man rapes 93-year-old grandmother

Matebeleland South records drop in maternal deaths

Gorimbo's brave stand ends in painful decision loss

1 killed, 17 injured in Harare crash

School confiscates learners' bags over unpaid fees

Zanu-PF divisions over Mnangagwa term extension

Activist's home petrol-bombed over ED2030 debate

Why Walter Magaya was arrested

Ex-soldier in land grabbing storm

Man rapes Grade 7 cousin

Scottland FC buys 2025 PSL championship title

Residents demand action against machete gangs

Police dismiss fake statement on Chivayo

Police bust cybercrime trio

Politics behind Zimbabwe's celebrity car bonanza

Zanu-PF, CCC MPs face recall over ED2030

Hwange to repossess stands to recover US$6m

CIO boss arrested for dealing cocaine

Mandaza demands answers over silence on SAPES Trust bombing

Prophet Magaya remanded in custody

Pastor in court over alleged assault

Bata workforce hits 1,326

Harare to make it expensive to bury the dead

Zimbabwe is at peace, says Mnangagwa

Mnangagwa's wife urges parents to se the whip

Zimbabwe moves to make local holidays more affordable

Why Walter Magaya was arrested

Gorimbo's brave stand ends in painful decision loss

The harder the Zimbabwe regime pushes citizens into believing economy improving the more unbelievable they sound!

News Team

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