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UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 5 hrs ago | 292 | by Staff reporter
POSB launches solar, Starlink loan scheme for schools
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, impac...Published: 21 hrs ago | 294 | by Staff reporter
Top health council official in court over alleged abuse of funds
A senior official at the Medical and Dental Practitioners Council of Zimbabwe (MDPCZ) is facing serious allegations of criminal abuse of office after reportedly authorising the use of public funds to ...Published: 28 Jul 2025 at 18:53hrs | 192 | by Staff reporter
Zimbabwe needs G20 help to exit debt trap
Zimbabwe's best chance of exiting a 25-year debt default is to engage the Group of 20 nations to help formulate a solution and stop trying to work its way out of the quagmire itself, World Bank Presid...Published: 28 Jul 2025 at 14:02hrs | 155 | by Staff reporter
Financial mismanagement at Parliament of Zimbabwe exposed
The Auditor-General has exposed alarming financial irregularities at the Parliament of Zimbabwe, including unauthorised fuel allocations, ballooning payment arrears, and undelivered government vehicle...Published: 28 Jul 2025 at 08:49hrs | 261 | by Staff reporter
Zimbabwe civil servants fume over unpaid 2023 allowances
Civil servants engaged in the 2023 mobile registration exercise are expressing mounting frustration over unpaid allowances owed by the Civil Registry Department. Despite completing the program two yea...Published: 27 Jul 2025 at 11:16hrs | 118 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 820 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 473 | by Staff reporter
Econet reports 44% surge in voice calls
Econet Wireless Zimbabwe has reported a remarkable 44 percent year-on-year increase in voice call volumes for the quarter ended May 31, 2025, defying industry expectations that traditional voice servi...Published: 21 Jul 2025 at 12:20hrs | 116 | by Staff reporter
Econet expands Kancane Kancane smartphone credit scheme
Econet Wireless Zimbabwe has expanded its popular Kancane Kancane smartphone credit scheme by extending the repayment period from just three months to up to 24 months, with no initial deposit required...Published: 17 Jul 2025 at 20:31hrs | 239 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1066 | by Staff reporter
No water from the tap. They're asked to pay a tax anyway
HARARE, ZIMBABWE - The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially ...Published: 02 Jul 2025 at 10:02hrs | 450 | by Linda Mujuru, GPJ Zimbabwe
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Council embroiled in US$18k advance salary scandal
Chiredzi Town Council is embroiled in a financial scandal after it emerged that nearly US$18,000 in salary advances given to employees remains unaccounted for, with some beneficiaries having already l...Published: 27 Jun 2025 at 18:24hrs | 159 | by Staff reporter
Online investment scam backfires for EcoCash agents
An attempt to make quick profits through an online investment scheme ended disastrously for two Mutare women who were convicted of fraud after misusing their employer's US$1,500. The crime came to lig...Published: 25 Jun 2025 at 12:34hrs | 1162 | by Staff reporter
Tagwirei, the military and power politics in Zimbabwe!
DEAR READER, it was on the 13th of May 2018 that Phineas Tagwirei, "father" to Kudakwashe Tagwirei a Zimbabwean tycoon with an avalanche of ''business'' interests quietly breathed his last at the trau...Published: 18 Jun 2025 at 07:41hrs | 1985 | by Dr P. Zamchiya
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 414 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 192 | by Staff reporter
Gwanda residents face water disconnections over debt
The Gwanda Municipality has intensified its water disconnection exercise across the mining town as part of efforts to recover mounting unpaid bills from residents and businesses.In an official...Published: 11 Jun 2025 at 17:51hrs | 222 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 263 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 889 | by Staff reporter
ZETDC switches off Bulawayo traffic lights
Bulawayo motorists have recently been navigating more dangerous roads after several critical traffic lights in the city were switched off by the Zimbabwe Electricity Transmission and Distribution Comp...Published: 01 Jun 2025 at 14:16hrs | 1140 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1864 | by Staff reporter
Council bleeding funds over unrepaid travel allowances
Chinhoyi Municipality could be losing thousands of dollars amid revelations that councillors are benefiting from advance subsistence allowances for official trips they never undertook - and are not re...Published: 30 May 2025 at 08:54hrs | 119 | by Staff reporter
Councillors get allowances for trips, fail to travel
Two Chinhoyi councillors were allocated allowances to attend business conferences-one in Saudi Arabia and another in Gweru - yet neither made the trips, raising concerns over the use of public funds....Published: 29 May 2025 at 10:27hrs | 234 | by Staff reporter
Is trap money enough? Questioning the over-reliance on sting operations in corruption cases
We need to be very careful when dealing with corruption. In the pursuit of a corruption-free Zimbabwe, it is imperative that we not only strengthen the tools used to hold public officials acco...Published: 24 May 2025 at 22:59hrs | 508 | by Tendai Ruben Mbofana
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 133 | by Staff reporter
Attempted murder over R15 debt lands man six-year jail term
A 29-year-old man from Chipinge will spend the next six years behind bars after being convicted of attempted murder for attacking his neighbour with a machete over a ZAR15 debt.Vengai Sithole,...Published: 17 May 2025 at 12:02hrs | 50 | by Staff reporter
Chinese duo acquitted in attempted murder storm
Two Chinese nationals, Hui Xiang and Zhao Yunfeng, who were accused of attempted murder, walked free yesterday after the Harare Magistrates' Court acquitted them at the close of the State case....Published: 29 Apr 2025 at 07:06hrs | 208 | by Staff reporter
Money transfer agency teller in US$4,700 and ZAR600 theft
A teller employed by Zimsend, trading as Hello Paisa, has been sentenced to community service after being convicted of stealing US$4,705 and ZAR600 from her employer.Christwish Machamacha (47)...Published: 28 Apr 2025 at 12:04hrs | 34 | by Staff reporter
Mutapa clarifies Kuvimba's US$1,9 billion acquisition
The Government of Zimbabwe has provided clarity on the funding structure used for its acquisition of a 35 percent stake in Kuvimba Mining House (KHM), the country's largest mining asset, by the Mutapa...Published: 25 Apr 2025 at 07:40hrs | 381 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 808 | by Farai Matiashe, Al Jazeera
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 22 Apr 2025 at 08:29hrs | 6549 | by Staff reporter
CCC councillors demand US$4,000 vehicle loan
BULAWAYO City Councillors have controversially resolved to receive US$4,000 each in personal loan facilities for the purchase of vehicles - a move that defies a Government directive and comes at a tim...Published: 06 Apr 2025 at 11:28hrs | 699 | by Staff reporter
Mystery over council's vanished US$4,5m loan deepens
A forensic audit has revealed that Harare City Council's US$4.5 million loan to Harare Quarry Private Limited was advanced without a formal agreement, raising concerns over governance and financial mi...Published: 03 Apr 2025 at 08:16hrs | 285 | by Staff reporter
Supplier fails to deliver 50 cars to Zimra
THE Zimbabwe Revenue Authority (Zimra) reportedly paid a staggering US$209 million for 85 vehicles but only received 15 Toyota Hilux vehicles, with none of the 50 Toyota Corolla vehicles delivered, Pa...Published: 01 Apr 2025 at 08:43hrs | 957 | by Staff reporter
POSB starts selling Belarus tractors
People's Own Savings Bank (POSB), one of the financial institutions selected by the Government to facilitate the resale of Belarus tractors to Zimbabwean farmers, has announced that the equipment is n...Published: 14 Mar 2025 at 17:28hrs | 979 | by Staff reporter
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 78 | by Dr Bekithemba Mpofu
Zimbabwe war vets start applying for loans
War veterans across Zimbabwe have begun applying for loans from the US$1.5 million revolving fund under the Presidential War Veterans Fund, which is now being disbursed across all 10 provinces....Published: 01 Mar 2025 at 08:57hrs | 117 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 195 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 415 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2046 | by Staff reporter
Tshabangu's actions disrupted the parliamentary balance of power
Former Bulawayo South MP Nicola Watson has accused Zanu-PF of orchestrating Sengezo Tshabangu's controversial recalls of Citizens Coalition for Change (CCC) members to serve its political agenda, incl...Published: 28 Jan 2025 at 21:58hrs | 1024 | by Staff reporter
RBZ unveils another 'looting scheme'
The Reserve Bank of Zimbabwe (RBZ) has introduced the Targeted Finance Facility (TFF) with an aim to provide affordable credit to key productive sectors such as agriculture, manufacturing, and mining....Published: 11 Jan 2025 at 08:20hrs | 1187 | by Staff reporter
5 years for knifing neighbour in debt dispute
A 32-year-old man from Tsholotsho, Edward Sibanda, was sentenced to five years in prison after being convicted of attempted murder for stabbing his neighbour five times in a violent altercation over a...Published: 31 Dec 2024 at 13:42hrs | 78 | by Staff reporter
Tongaat Hulett to sell Zimbabwe operations in ZAR5.9 billion deal
South African agriculture and agri-processing giant, Tongaat Hulett Limited (THL), has announced its decision to offload its Zimbabwe operations to the Vision Group, a South African investment consort...Published: 29 Dec 2024 at 08:49hrs | 1125 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 303 | by Staff reporter
'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1747 | by Staff reporter
Global interventions to end HIV and AIDS: A call for sustained action
As the world marks over four decades since the emergence of HIV and AIDS, the global response has evolved from fear and stigma to hope and determination. Through innovative interventions, robust fundi...Published: 03 Dec 2024 at 14:25hrs | 365 | by Marilyn Mutize
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