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Zimbabwean man wins US$1m loan court challenge
A HARARE man has won a US$1 million Supreme Court loan challenge after a local company that he loaned US$900 000 tried to repay the loan in local currency.The applicant Brian Rodney Baron had ...Published: 19 Mar 2024 at 12:58hrs | 656 | by Staff reporter
Mukuru distributes millions in aid to vulnerable Africans
CAPE TOWN, South Africa, March 19, 2024 - Next-generation financial services platform, Mukuru (www.Mukuru.com), has successfully distributed millions in aid to disadvantaged recipients in Africa throu...Published: 19 Mar 2024 at 12:41hrs | 112 | by APO
Get Zimbabwe to its factory settings
Zimbabweans living in the diaspora must have a say and given a platform to share their ideas and contribute much to the economic, political and social dev...Published: 12 Mar 2024 at 07:20hrs | 699 | by Leonard Koni
Luxury estate to launch in May
WESTPROP Holdings chief executive Ken Sharpe has revealed that the company will launch the highly-anticipated US$100 million mixed use Hills Luxury Lifestyle Estate in May this year."It is wit...Published: 05 Mar 2024 at 04:58hrs | 535 | by Staff reporter
South African man fined for carrying bullets in Zimbabwe
A SOUTH African national arrested by the police at the Robert Mugabe International Airport after he was found in possession of five live rounds in his luggage was yesterday fined US$300 (or three mont...Published: 05 Mar 2024 at 04:53hrs | 433 | by Staff reporter
No property worth US$250 000 in Bulawayo
THE Bulawayo City Council (BCC) has declared that there is no single property within the city that meets the threshold for the recently introduced wealth tax, at least according to their records....Published: 25 Feb 2024 at 07:17hrs | 517 | by Staff reporter
Bard Santner sets up New York office
HARARE - Local financial services firm Bard Santner Inc has set up an office in New York, United States, in a move to attract capital investment and transaction opportunities offshore.The comp...Published: 15 Feb 2024 at 18:42hrs | 419 | by Staff Reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | 424 | by Staff reporter
Zimsec 'fails' to pay exam transporters
OWNERS of vehicles hired to transport the Zimbabwe School Examinations Council (Zimsec) 2023 examination papers are still to paid, five months after they rendered their services, it emerged this week....Published: 08 Feb 2024 at 04:31hrs | 215 | by Staff reporter
Zanu-PF linked space barons cause havoc
SUSPECTED Zanu-PF linked space barons are giving Gweru City Council a torrid time at the Mtapa fresh produce market as they collect fees from vendors, a situation that has forced the local authority t...Published: 05 Feb 2024 at 04:11hrs | 314 | by Staff reporter
'Something stinks at the Highlanders clubhouse'
THE car wash business at the Highlanders clubhouse that paid the Bulawayo giants US$50 in revenue for the whole of 2023 as revealed by financial statements read out by club interim treasurer Israel Mo...Published: 02 Feb 2024 at 04:53hrs | 337 | by Staff reporter
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 756 | by Staff reporter
Zimbabwe police warn textbook pirates
In a brief but strongly worded statement, Bulawayo provincial police spokesperson, Inspector Abednico Ncube, said the law enforcement agents will soon descend on perpetrators without fear or favour....Published: 24 Jan 2024 at 04:47hrs | 136 | by Staff reporter
'Mnangagwa's govt has agreed to suspend decisions on retail and VAT'
The government may suspend its unpopular decisions on trading and Value Added Tax to give time for talks with businesses, according to a leading industry group.Finance Minister Mthuli Ncube an...Published: 07 Jan 2024 at 17:33hrs | 808 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 410 | by Staff reporter
Mumba Money appoints George Muchapirei as UK Chairman
Mumba Money, a leading international money transfer agency, is delighted to announce the appointment of George Muchapirei as Chairman of Mumba Money UK, effective 1 January 2024. With his extensive ex...Published: 02 Jan 2024 at 08:55hrs | 1773 | by Nkululeko Nkomo
'Rains too late to stop Zimbabwe hunger'
A FAMINE monitoring agency says recent rains may have done little to avert a hunger crisis next year as indications show that over a million people are in need of food aid.The prolonged El Nin...Published: 31 Dec 2023 at 12:58hrs | 510 | by Staff reporter
QUEENS SPORTS CLUB SAGA: Zimbabwe Cricket Boss Singo faces suspension over strip club venture
Queens Sports Club, a prominent establishment in Bulawayo and Zimbabwe Cricket (an affiliate of International Cricket Council) is facing a major scandal as one of its senior members, Nicholas Sing...Published: 30 Dec 2023 at 16:43hrs | 1277 | by Nkululeko Nkomo
Magnifying the gains from migration in Zimbabwe
THE recent World Development Report proposes a simple framework to analyse cross-border migration. It juxtaposes the motive for migration and the "match" between migrants' attributes and the destinati...Published: 29 Dec 2023 at 19:35hrs | 371 | by Staff reporter
Remitly Emerges as Top Choice for Zimbabweans Abroad: Fast, Affordable, and Fee-Free
In a significant trend, Zimbabweans in the diaspora are increasingly turning to Remitly.com for their money transfer needs, drawn by the platform's favorable exchange rates, vast collection points in ...Published: 29 Dec 2023 at 11:34hrs | 1365 | by Libz Mbanje
Mthuli Ncube divorced from reality
On November 30, 2023, in the bustling halls of the new Parliament building in Mt Hampden, Finance, Economic Development and Investment Promotion minister Mthuli Ncube , a proud holder of a diplomatic ...Published: 20 Dec 2023 at 06:12hrs | 566 | by Harriet Chikandiwa
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | 839 | by Paidamoyo Muzulu
Fake lawyer in court for fraud
A fake lawyer was brought before the courts yesterday for defrauding a client who is based in United Kingdom of US$50 930, which he claimed was a fee for him to process a court order that would help t...Published: 14 Dec 2023 at 03:52hrs | 340 | by Staff reporter
David Coltart raises concerns over proposed wealth tax
Bulawayo mayor, David Coltart, has expressed concerns that the proposed Wealth Tax by Finance Minister Mthuli Ncube will encroach upon local councils' authority to levy rates against property owners w...Published: 04 Dec 2023 at 05:36hrs | 765 | by Staff reporter
Mthuli Ncube squeezes everyone
GOVERNMENT yesterday announced a cocktail of tax increases, pushing up the cost of living and ease of doing business after reviewing its 2024 revenue projection upwards by 22,22% to ZWL$53,9 trillion....Published: 02 Dec 2023 at 05:42hrs | 416 | by Staff reporter
ZETDC in the red
THE Auditor-General (AG)'s latest report has revealed that the Zimbabwe Electricity Transmission and Distribution Company (ZETDC)'s liabilities currently exceed its assets by ZWL$24,5 billion....Published: 28 Nov 2023 at 05:28hrs | 779 | by Staff reporter
Zimborders fires cashiers over fraud
ABOUT 10 cashiers have either been fired or suspended from Zimborders Consortium offices in Beitbridge on allegations of fraud after they reportedly collected cash in foreign exchange using local bank...Published: 28 Nov 2023 at 05:23hrs | 544 | by Staff reporter
Depleted local food produce constrains access to income ahead of 2024 season: FEWS NET
The Famine Early Warning Systems Network (FEWS NET) has reported that depleted own-produced food stocks, has constrained access to income, and high food prices will likely drive Crisis (IPC Phase 3) o...Published: 27 Nov 2023 at 13:26hrs | 170 | by Stephen Jakes
Hail King Nero: Impotence as strength
Hail King Nero, The First and Last!"There shall be a leader and Change Champion-in-Chief (Advocate Nelson Chamisa) who shall be the Administrator and President tasked by the citizens to champi...Published: 25 Nov 2023 at 07:42hrs | 157 | by @Jamwanda on Saturday
Mumba money CEO and Mukuru CIO share insights at a financial services event in Johannesburg
The Evolution of Cross-Border Payments Conference held in Johannesburg brought together industry leaders, experts, and visionaries to discuss the future of the global payments landscape. The event wit...Published: 23 Nov 2023 at 11:17hrs | 2299 | by Mandla Ndlovu
Beitbridge runs dry as Zinwa halts supplies
BEITBRIDGE Municipality has been forced to introduce a four-day water-shedding regime after the Zimbabwe National Water Authority (Zinwa) restricted supplies over an outstanding debt.This is a...Published: 14 Nov 2023 at 04:50hrs | 170 | by Staff reporter
Potraz moves to regulate omalayitsha
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has expanded its licensing categories to encompass cross-border transporters, commonly referred to as "omalayitsha," in a bi...Published: 01 Nov 2023 at 05:47hrs | 331 | by Staff reporter
US sanctions embargo 21 Zimbabwe banks
Sanctions against Zimbabwe, initiated by the United States in 2001 through the Zimbabwe Democracy and Economic Recovery Act (ZDERA) and followed by the European Union in 2002, were prompted by allegat...Published: 30 Oct 2023 at 05:19hrs | 2573 | by Staff reporte
Messenger of Court in soup over graft
The corruption charges laid against the Kwekwe Messenger of Court (MOC) Energy Pedzera continue to worsen as more victims emerge....Published: 29 Oct 2023 at 09:50hrs | 248 | by Desmond Nleya
Plans to develop Zimbabwe's biggest mine near Bulawayo
Caledonia Mining is exploring options to raise US$250m to develop its Bilboes project into what could be Zimbabwe's biggest gold mine.The company, which also owns the Blanket gold mine in Zimb...Published: 22 Oct 2023 at 10:41hrs | 605 | by Staff reporter
Zimbabwe worker exodus intensifies
Years of mass emigration from Zimbabwe have accelerated due to the ongoing economic crisis, further depleting the country of essential skills needed for a turnaround. Recent census data from South Afr...Published: 16 Oct 2023 at 06:16hrs | 634 | by Staff reporter
USAid allocates US$1 million to Zimbabwe returnees
The United States Agency for International Development (USAID) has allocated approximately $1 million to the International Organisation for Migration (IOM) to initiate a 14-month project aimed at enha...Published: 12 Oct 2023 at 15:10hrs | 311 | by Staff reporter
Telling my Access Finance story
FOLLOWING a recent public announcement by Access Finance Group, a local remittance and financial services company, that its chief executive Singathini Raymond Chigogwana is retiring and would be repla...Published: 05 Oct 2023 at 15:07hrs | 405 | by Senziwani Sikhosana
How taxation and royalties work in Zimbabwe's mining industry
The mining industry in Zimbabwe is not only rich in mineral resources but also subject to a nuanced taxation and royalty framework. In this article, we delve into the special rules governing taxation ...Published: 05 Oct 2023 at 11:10hrs | 781 | by Clifford S. Ncube
Harare lawyer accused of fraud
Harare attorney Norman Mugiya has been brought before the court on charges of misappropriating money entrusted to him by a client, which was intended for payment to the High Court Sheriff to enforce a...Published: 04 Oct 2023 at 06:07hrs | 380 | by Staff reporter
EU wrote Nevers Mumba's SADC report on Zimbabwe polls?
THE controversial SADC Elections Observer Mission preliminary report was first edited by the European Union (EU) before it was publicly read by the now discredited Dr Nevers Mumba as if it was a produ...Published: 03 Oct 2023 at 06:13hrs | 1854 | by Staff reporter
Zinara sticks to its guns over roads rehab funding
THE Zimbabwe National Road Administration (Zinara) maintained this week that local authorities must report to government if they are unhappy with the way it was disbursing funding for road rehab...Published: 29 Sep 2023 at 10:09hrs | 439 | by Staff reporter
WATCH: Prof Ibbo Mandaza did not proffer any new data to support his unorthodox call
Herewith is a link to the OR Tambo School of Leadership Public Lecture given today by Prof Ibbo Mandaza on "The State of Democracy in the Sadc Region: a Reflection on the National Elections of Zimbabw...Published: 29 Sep 2023 at 08:19hrs | 697 | by Jonathan Moyo
Mnangagwa must introduce a diaspora ministry
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my sworn submission that your recent resurrection of the War Veterans ministry is suggestive of aberrations. As I see it, the decision is...Published: 27 Sep 2023 at 06:18hrs | 394 | by Cyprian Muketiwa Ndawana
Kasukuwere says Zimbabwean economy is headed for a massive crash
Former cabinet Minister Saviour Kasukuwere has issued a stark warning that the Zimbabwean economy is on the brink of a severe collapse, attributing it to what he perceives as President Emmerson Mnanga...Published: 21 Sep 2023 at 15:44hrs | 1106 | by Staff reporter
Russian investor prospects for gold, diamonds in Tsholotsho
The Russian conglomerate and the world's leading diamond producer, Alrosa Mining, have awarded a contract to Titan Drilling International for exploration operations focused on gold and diamonds in Tsh...Published: 21 Sep 2023 at 06:09hrs | 355 | by Staff reporter
Chigogwana retires
Access Finance Group, whose strategic network of operations includes Zimbabwe, has appointed Mr Salim Eceolaza as the new chief executive.Mr Eceolaza is succeeding co-founder Mr Raymond Chigog...Published: 20 Sep 2023 at 06:25hrs | 409 | by Staff reporter
Zimbabweans in diaspora pin voting hopes on 10th parliament
The Zimbabwe Diaspora Vote Initiative (ZDVI) is calling on the country's 10th parliament to amend the Electoral Amendment Act, allowing Zimbabweans living abroad to participate in general elections. T...Published: 19 Sep 2023 at 06:34hrs | 920 | by Staff reporter
David Coltart Mayoral chances hang in balance amidst US$13 000 theft of Trust Funds allegations
Ward 4 Councilor-Elect David Coltart's ambitions to become Mayor of Bulawayo seem to be hanging by a thread after allegations have arisen and widely reported that he is personally fingered together wi...Published: 05 Sep 2023 at 10:43hrs | 3019 | by Nkululeko Ndlovu
Same flawed process, Old pain continues
Recent elections showed that the brutal dictator and his murderous Zanu-PF party have strengthened their stranglehold on power in Zimbabwe.Their abuse of state institutions has worsened as the...Published: 02 Sep 2023 at 06:47hrs | 119 | by Dudzai Mukondorongwe
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