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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: 10 hrs ago | 81 | by Staff rporter
Econet employee 'steals' ZWG1 million
A Mutare-based Econet Insurance employee accused of stealing ZwG 1 171 771.60 from her employer has been granted bail of US$400.Madeleine Magadza (32) of Greenside, Mutare, appeared before Mag...Published: 15 Aug 2025 at 17:13hrs | 421 | by Staff reporter
Zimbabwe's forex receipts jump 23%
Zimbabwe recorded a 23,1 percent surge in foreign currency receipts during the first half of 2025 compared to the same period last year, signalling growing confidence in the country's formal channels ...Published: 15 Aug 2025 at 08:33hrs | 82 | 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 | 243 | 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 | 199 | by Staff reporter
MCAZ deploys tech to fight fake medicines
THE Medicines Control Authority of Zimbabwe (MCAZ) has embraced cutting-edge portable technology to combat substandard and falsified medicines, which continue to be of serious concern.The auth...Published: 10 Aug 2025 at 19:16hrs | 74 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 317 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 141 | by Staff reporter
Standoff erupts between Zimpapers board and management
A major standoff has erupted between the Zimpapers board and management, and three former company executives dismissed in January over allegations of corruption and fraud, as the board insists no exit...Published: 06 Aug 2025 at 09:41hrs | 621 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 233 | by Staff reporter
Zimpapers pension fund under probe
The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into the Zimpapers Pension Fund amid allegations of mismanagement of employees' contributions and questionable sales of com...Published: 05 Aug 2025 at 12:37hrs | 583 | by Staff reporter
Company faces exchange control violation charges
A Harare-based company, Grant Thulisa (Pvt) Ltd, has been hauled before the courts on allegations of violating Zimbabwe's exchange control regulations after it allegedly misrepresented the amount of m...Published: 03 Aug 2025 at 12:17hrs | 200 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 140 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 422 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 794 | by Staff reporter
Esidakeni farm dispute spills to Supreme Court
The long-running Esidakeni Farm ownership dispute has taken a fresh turn after four government-allotted beneficiaries filed an appeal at the Supreme Court, challenging a recent High Court decision whi...Published: 22 Jul 2025 at 18:00hrs | 804 | by Staff reporter
Zimbabwe govt cracks down on unregistered schools
The Government has issued a stern warning to unregistered schools operating across Zimbabwe, declaring that their days are numbered. This follows mounting concern from legislators over the rapid growt...Published: 22 Jul 2025 at 17:55hrs | 369 | by Staff reporter
Is this health justice or state overreach?
In the swiftly evolving drama of Zimbabwean healthcare, a new bill in Parliament has stirred both hope and alarm. The Medical Services Amendment Bill, championed by Justice and Parliamentary Affairs M...Published: 19 Jul 2025 at 09:10hrs | 1331 | by Kumbirai Thierry Nhamo
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 535 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 134 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 180 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 130 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 201 | by Staff reporter
Gono exposes former employees
Former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has laid bare explosive allegations against his former employees Clark and Beverly Makoni, accusing the couple of fraudulently taking control...Published: 05 Jul 2025 at 14:53hrs | 185 | by Staff reporter
Zimbabweans struggle to rebuild shattered lives abroad
For many young Zimbabweans, the idea of migrating to foreign lands has long represented hope - a chance to escape crippling unemployment and poverty in pursuit of prosperity. But for a growing number,...Published: 04 Jul 2025 at 16:13hrs | 916 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
Harare firm fined for failing to submit Income Tax and PAYE returns
A Harare-based company, Investible Investments (Private) Limited, has been fined US$300 by the Harare Magistrates Court after it was found guilty of failing to submit income tax and Pay As You Earn (P...Published: 03 Jul 2025 at 19:07hrs | 968 | by Staff reporter
Zimbabwe's pension sector faces a mounting crisis
Zimbabwe's pension sector faces a mounting crisis as contribution arrears soar to a staggering US$93 million, prompting the Insurance and Pensions Commission (IPEC) to announce an aggressive enforceme...Published: 03 Jul 2025 at 12:27hrs | 201 | by Staff reporter
Chiwenga condemns corrupt businesspeople
Vice President Dr. Constantino Chiwenga has issued a strong condemnation of corrupt businesspeople operating without traceable capital or legitimate enterprises, describing them as a serious threat to...Published: 26 Jun 2025 at 17:29hrs | 1658 | by Staff reporter
High Court orders return of US$78,000 seized in abandoned theft case
The High Court has overturned a magistrate's decision to withhold US$78,000 seized from two men previously accused of theft, ruling that the funds were unlawfully kept in police custody after the case...Published: 24 Jun 2025 at 09:02hrs | 209 | by Staff reporter
Harare's disappearing hills
From a distance, the jagged ridgelines cutting across parts of Harare might appear to be natural geological remnants — monuments of the city's ancient terrain. But up close, these formations tell a ...Published: 22 Jun 2025 at 10:58hrs | 838 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 99 | by Staff reporter
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 238 | by Staff reporter
Harare fails to procure tar, patches roads with soil
The City of Harare (CoH) has been without tar for over a year, forcing municipal workers to patch roads using soil and rubble, a stark indicator of the worsening state of basic service delivery in the...Published: 13 Jun 2025 at 06:54hrs | 696 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 318 | by Staff reporter
Harare ratepayers face US$3 million monthly bill in secretive deal
Harare's ratepayers are set to pay nearly US$3 million every month for refuse collection and street cleaning under a murky new contract involving the government, the City of Harare (CoH), and Geo Pomo...Published: 01 Jun 2025 at 14:20hrs | 3126 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | by Staff reporter
Africa set to attract $100 billion in remittance inflows
The African Development Bank (AfDB) has projected that Africa will receive approximately US$100 billion in remittance inflows in 2025, as the continent positions itself to harness the full potential o...Published: 29 May 2025 at 10:20hrs | 27 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 421 | by `
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 193 | by Staff reporter
Zimra tax audit blitz alarms Zimbabwe business
The Zimbabwe National Chamber of Commerce (ZNCC) has raised concerns over the Zimbabwe Revenue Authority's (Zimra) intensified audit regime, warning that aggressive tax enforcement is placing undue co...Published: 24 May 2025 at 10:59hrs | 238 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Welshman Ncube should seek political settlement with Tshabangu
PROF WELSHMAN NCUBE SHOULD FORGET HIS LOSING COURT LITIGATION AGAINST SENATOR TSHABANGU AND SEEK A POLITICAL SETTLEMENTFor Prof Welshman Ncube when it rains, it pours. The Supreme Court this w...Published: 17 May 2025 at 15:16hrs | 409 | by Prof Jonathan Moyo
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 674 | by Staff reporter
Supreme court strikes Tshabangu, Parliament speaker's appeal off the roll
The Supreme Court has struck off the roll appeals filed by self-styled Citizens Coalition for Change (CCC) interim secretary-general Sengezo Tshabangu and the Speaker of the National Assembly, who wer...Published: 16 May 2025 at 09:46hrs | 170 | by Staff reporter
Tshabangu wins Supreme Court battle
The Supreme Court has overturned a High Court ruling that had nullified the controversial changes to the Citizens Coalition for Change (CCC)'s parliamentary leadership made by self-proclaimed party se...Published: 15 May 2025 at 15:26hrs | 2793 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 206 | by Staff reporter
UK closure of care work visa to hit Zimbabweans hard
The United Kingdom's decision to permanently shut down its care worker visa route has sent shockwaves across Zimbabwe, where the scheme had offered thousands a much-needed escape from economic hardshi...Published: 13 May 2025 at 16:33hrs | 9545 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2457 | by Roland Mpofu I iol
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