Search / Reserve
Zimbabwe Energy Minister reveals shocking decline in electricity generation
Zimbabweans face unrelenting power outages, with homes and businesses left without electricity for over 18 hours daily. The crisis stems from failing infrastructure at Hwange Thermal Power Station and...Published: 14 Nov 2024 at 15:25hrs | 1112 | by Staff reporter
Calls for stronger regulation of Starlink's expansion in Africa
The rapid expansion of Starlink's satellite internet services across Africa has prompted a growing chorus of concern from local industry experts, telecommunications companies, and internet service pro...Published: 14 Nov 2024 at 09:52hrs | 373 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1101 | by Staff reporter
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 88 | by Staff reporter
Remembering Holy Messenger Margaret Mukosi
We bow our heads in reverence, honouring the extraordinary life of Holy Messenger Margaret "Maggie" Mukosi (née Mpofu) who passed on this 23rd of October 2024. Born on the 5th of March 1936 in Shurug...Published: 12 Nov 2024 at 20:55hrs | 1432 | by Mpumelelo Ncube
Why are Zimbabweans such a selfish lot?
Zimbabwe, once heralded as the "breadbasket of Africa," is now a country struggling under the weight of political mismanagement, corruption, and economic collapse. As citizens face ever-deepen...Published: 12 Nov 2024 at 20:44hrs | 609 | by Tendai Ruben Mbofana
Why fuel prices are high in Zim
The Zimbabwe Energy Regulatory Authority (Zera) has attributed the country's high fuel pump prices to the substantial tax burden and levies applied to petrol and diesel, compared to other countries in...Published: 12 Nov 2024 at 11:00hrs | 1498 | 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 | 131 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2244 | by Staff reporter
Top Bank executive slams RBZ tight policy measures
A prominent banking executive has criticized the Reserve Bank of Zimbabwe (RBZ) for focusing too heavily on exchange rate stability at the cost of economic growth, warning that the central bank's rece...Published: 10 Nov 2024 at 11:05hrs | 1819 | by Staff reporter
The unacknowledged legacy of Pathisa Nyathi
The late Pathisa Nyathi, a celebrated historian, educator, and cultural advocate, whose lifetime of work contributed greatly to the preservation and promotion of Zimbabwe's rich heritage, was overlook...Published: 10 Nov 2024 at 10:56hrs | 69 | by Staff reporter
BCC starts feasibility study for Matopos, Umganin aquifers
The Bulawayo City Council (BCC) has initiated a feasibility study aimed at identifying potential aquifers in the Matopos and Umganin areas, marking a significant step toward addressing the city's ongo...Published: 10 Nov 2024 at 10:54hrs | 116 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 163 | by Staff reporter
Zimbabwe eyes deeper ties with China through belt and road initiative
Zimbabwe looks forward to deepening its partnership with China under the Belt and Road Initiative (BRI), anticipating extensive collaboration in economic development, said Midlands Minister of State f...Published: 09 Nov 2024 at 17:02hrs | 183 | by Staff reporter
Zimbabwe needs a new leadership culture
Almost four months have passed since President Emmerson Mnangagwa announced his intention to respect the constitutional two-term limit, refusing a third term, despite ZANU-PF passing a resolution to e...Published: 08 Nov 2024 at 15:00hrs | 892 | by Engineer Jacob Kudzayi Mutisi
Matebeleland South senator raps govt over Bulawayo water crisis
Matebeleland South Senator Sithembile Mlotshwa has accused the government of lacking the political will to address the ongoing water crisis in Bulawayo, which is grappling with its worst water shortag...Published: 08 Nov 2024 at 07:06hrs | 193 | by Staff reporter
War veterans seek funding for exhumation, reburial exercise
ZANU-PF has called on the Government to prioritize resources for the exhumation and reburial of veterans of the liberation struggle, with a dedicated committee set to spearhead the initiative. This de...Published: 08 Nov 2024 at 06:55hrs | 50 | by Staff reporter
Minister Rwodzi engages British Airlines; calls for AI in wildlife tourism
Zimbabwe's Minister of Tourism and Hospitality Industry, Barbara Rwodzi, has engaged with the British Airlines Networking Department in London to seek for the re-establishment of a direct London-Harar...Published: 07 Nov 2024 at 12:57hrs | 741 | by Gideon Madzikatidze
Zimbabwe to hold talks on $21 billion debt albatross this month
Zimbabwe will resume talks with creditors later this month to restructure $21 billion in external debt as it seeks to exit a default that's kept it locked out of international capital markets since 19...Published: 07 Nov 2024 at 07:17hrs | 391 | by Rigid Kondongwe
Joint venture to upgrade Harare-Nyamapanda Road
The Zimbabwean Cabinet, under the leadership of Honourable Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water and Rural Development, convened to review the latest developments on the 202...Published: 07 Nov 2024 at 06:57hrs | 202 | by Staff reporter
Zimbabwe explores nuclear energy to bolster energy security
Zimbabwe is actively exploring the establishment of nuclear power plants in partnership with the International Atomic Energy Agency (IAEA) to address its ongoing energy challenges. While the country h...Published: 06 Nov 2024 at 16:37hrs | 690 | by Staff reporter
Donald J Trump's political Houdini act dazzles Kamala Harris
Donald J. Trump completed the greatest political comeback in modern U.S. history in the early hours of Wednesday, claiming enough electoral votes to defeat Vice President Kamala Harris and return to t...Published: 06 Nov 2024 at 11:49hrs | 683 | by Staff reporter
Zimbabwe's gold-backed ZiG extends rare advance against dollar
Zimbabwe's gold-backed currency, which has been battered on foreign exchange markets since its April debut, rose against the dollar for a second day on the back of tighter monetary policy.The ...Published: 06 Nov 2024 at 07:04hrs | 803 | by Staff reporter
Pathisa Nyathi burial today
Prominent historian, writer, and cultural advocate Pathisa Nyathi, who passed away last Saturday at the age of 73, will be laid to rest today at Bulawayo's prestigious Lady Stanley Cemetery. The cemet...Published: 06 Nov 2024 at 07:01hrs | 439 | by Staff reporter
BCC proposes 'Pathisa Nyathi Corner
The legacy of Pathisa Nyathi, renowned historian and prolific author, will live on through the many works he published chronicling Zimbabwe's rich heritage, especially the histories of communities in ...Published: 06 Nov 2024 at 06:54hrs | 266 | by Staff reporter
Zimbabwe targets 3,2 million tonnes cereal harvest
The Zimbabwean government has announced an ambitious plan to increase cereal production to over 3.2 million metric tonnes in the 2024/2025 summer season, aiming to significantly surpass the 744,000 me...Published: 06 Nov 2024 at 06:52hrs | 142 | by Staff reporter
Zimbabwe's tight monetary policy stance boosts ZiG
Zimbabwe's gold-backed currency posted its first gain in more than two weeks, suggesting that tighter monetary policy is working the central bank said.The ZiG, short for Zimbabwe Gold, strengt...Published: 05 Nov 2024 at 08:26hrs | 2505 | by Staff reporter
Matebeleland leaders fail to push for proper Pathisa Nyathi honour
President Emmerson Mnangagwa has announced only a State-assisted funeral for revered historian and author Pathisa Nyathi, who passed away on Saturday. The man deserved an honourary doctorate and a nat...Published: 05 Nov 2024 at 08:22hrs | 368 | by Staff reporter
History of Zimbabwe 90% distorted
Former Zimbabwe People's Revolutionary Army (Zipra) fighters have been called upon to document their liberation struggle experiences to preserve Zimbabwe's authentic history and prevent distortions.&n...Published: 05 Nov 2024 at 08:16hrs | 326 | by Staff reporter
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 | 1830 | by Staff reporter
Pathisa Nyathi's 'death a huge loss'
The late veteran author and publisher Pathisa Nyathi has been remembered as an icon and a fountain of wisdom who dedicated his life to telling the true story of Zimbabwe through various literary forms...Published: 03 Nov 2024 at 10:21hrs | 472 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5593 | by Staff reporter
The push to celebrate Joshua Nkomo by declaring July 1 a national holiday
Zimbabwe is set to celebrate the legacy of one of its most cherished leaders, the late Vice-President Joshua Nkomo, with the declaration of July 1 as a national holiday. This historic move honors "Fat...Published: 02 Nov 2024 at 08:42hrs | 247 | by Staff reporter
How Bulawayo's townships reflect city's rich Ndebele heritage
IN 1894, Bulawayo had just one African township. Today, the city boasts close to twenty townships in the western suburbs. Bulawayo's first African township was Makokoba, also known as the "Location" o...Published: 02 Nov 2024 at 08:39hrs | 747 | by Fredrick Qaphelani Mabikwa
Bulawayo reaches full capacity for Starlink
The Bulawayo City Centre and its surrounding areas have hit full capacity for Starlink devices, following a similar situation in Harare just two weeks prior, according to an update on Starlink's offic...Published: 01 Nov 2024 at 14:31hrs | 3642 | by Staff reporter
Management shake up at RBZ
The Reserve Bank of Zimbabwe (RBZ) is initiating a significant remodelling of its management structure as newly appointed Governor John Mushayavanhu aims to assemble a capable team to address the coun...Published: 01 Nov 2024 at 06:48hrs | 2518 | by Staff reporter
Gono company directorship change case takes new twist
The trial of Clark Clever Makoni and his wife Beverly Aisha Ndonda Makoni resumed yesterday, with the prosecution alleging that the couple engaged in fraudulent activities by illegally changing the di...Published: 01 Nov 2024 at 06:40hrs | 469 | by Staff reporter
Sihlangu Dlodlo burial set for Saturday
The burial of Highlanders Football Club's chief executive officer, Sihlangu Dlodlo, will take place this Saturday at Bulawayo's revered Lady Stanley Cemetery. Dlodlo's sudden death has shocked the loc...Published: 31 Oct 2024 at 06:51hrs | 653 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 843 | by Tendai Ruben Mbofana
'Sovereignty ego maintaining Zimbabwe's ailing ZiG'
Zimbabwe is facing a profound economic crisis largely rooted in its insistence on maintaining currency sovereignty, even as the nation clings to a failing local currency, experts warn. Nkanyezi Ndlovu...Published: 30 Oct 2024 at 10:36hrs | 891 | by Staff reporter
Reasons why South Africans treat the 13 digit ID number like a qualification
South Africa's green ID book has been used as the country's main identity document for 44 years, during which time it has only received a handful of minor security upgrades. Blacks only started using ...Published: 29 Oct 2024 at 14:20hrs | 1534 | by Staff reporter
South Africa plans to say goodbye to cash?
Despite the surging adoption of contactless payments in South Africa, more than half of the country still relies on cash as their dominant payment method, and the digital divide is slowing the migrati...Published: 29 Oct 2024 at 13:54hrs | 3054 | by Staff reporter
Zanu-PF pushes for accelerated de-dolarisation
The ruling Zanu-PF party has resolved to accelerate Zimbabwe's de-dollarisation process and strengthen the Zimbabwe Gold Currency (ZiG) as the country's sole legal tender. This decision was among key ...Published: 29 Oct 2024 at 13:50hrs | 3971 | by Staff reporter
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4495 | by Staff reporter
South Africa's celebrity snake handler dies of snake bite
One month after he was placed in an induced coma following a snake bite, South African YouTuber, Graham 'Dingo' Dinkelman, has passed away.In a statement, 44-year-old Dinkelman's wife Kirsty D...Published: 29 Oct 2024 at 09:24hrs | 3202 | by TimesLive
RBZ rubbishes Chamisa lawyer's claims on ZiG
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed that the Zimbabwe Gold (ZiG) currency remains the country's legal tender, dismissing speculation that it had expired following the lapse of Statutory ...Published: 29 Oct 2024 at 07:25hrs | 354 | by Staff reporter
ZiG remains fully legal and operational, says RBZ
The Reserve Bank of Zimbabwe (RBZ) has reassured the public that the Zimbabwe Gold (ZiG) currency remains fully legal and operational, dismissing concerns about potential regulatory gaps. This clarifi...Published: 28 Oct 2024 at 17:12hrs | 1026 | by Staff reporter
Slap in the face for ED2030 brigade
In a dramatic turn of events at Zanu-PF's annual people's conference held in Bulawayo, party loyalists fervently pushed for a resolution to amend the Constitution, allowing President Emmerson Mnangagw...Published: 28 Oct 2024 at 07:08hrs | 1715 | by Staff reporter
CCC nominates Senator Chabuka's replacement
The Citizens Coalition for Change (CCC) has nominated Mrs. Midiah Kupfuma to replace the late Senator Keresencia Chabuka, who passed away in July this year. This announcement was made by Zimbabwe Elec...Published: 28 Oct 2024 at 06:56hrs | 201 | by Staff reporter
Chamisa's lawyer says ZiG has expired
Nelson Chamisa's lawyer has alleged that Zimbabwe's gold-backed currency, the Zimbabwe Gold (ZiG), introduced in April as a stabilizing alternative to the Zimbabwean dollar, may have lost its status a...Published: 27 Oct 2024 at 19:19hrs | 3190 | by Staff reporter
Load More Stories
