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2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 6 hrs ago | 233 | by Staff reporter
Community pushes for official recognition of Tji Zhawunda
The community of Gwanda District in Matabeleland South Province is taking steps to have Tji Zhawunda officially recognised as one of Zimbabwe's national languages.Tji Zhawunda is spoken in par...Published: 6 hrs ago | 68 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 10 hrs ago | 170 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 10 hrs ago | 163 | by Staff reporter
Zimbabwe Cricket hits back at Coltart over racism claims
Zimbabwe Cricket (ZC) has launched a strong rebuttal against what it describes as a long-running smear campaign by Bulawayo Mayor David Coltart, accusing him of targeting black administrators with unf...Published: 12 Aug 2025 at 14:41hrs | 854 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 317 | 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 | 217 | 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 | 195 | by Staff reporter
ZPRA veterans challenge govt to fulfil liberation promises
The Zimbabwe People's Revolutionary Army (ZPRA) Veterans Association has issued a sharp rebuke of the government's handling of liberation war veterans and the broader citizenry as the nation marks Her...Published: 12 Aug 2025 at 08:23hrs | 84 | by Staff reporter
US$500 000 empowerment scheme for ZCC members
Government yesterday launched the US$500 000 Presidential Empowerment Scheme for members of the Zion Christian Church (ZCC), aimed at boosting the livelihoods of congregants in recognition of the chur...Published: 11 Aug 2025 at 08:44hrs | 180 | 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 | 314 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 717 | by Staff reporter
UK agrees to return remains of Nehanda, Kaguvi
British authorities have granted Zimbabwe permission to repatriate the remains of First Umvukela war heroes, taken to Europe during the colonial era as war trophies. The decision marks a significant s...Published: 10 Aug 2025 at 10:26hrs | 801 | by Staff reporter
Ex-ZIPRA commander raises alarm over mysterious deaths
As Zimbabwe prepares to mark Heroes Day on August 11, a former ZIPRA commander has raised the alarm over what he describes as a disturbing and unexplained pattern of deaths among veterans of the count...Published: 10 Aug 2025 at 10:16hrs | 620 | by Staff reporter
SA police hunt for Zimbabwean gold mining kingpin
The National Prosecuting Authority (NPA) has amended the indictment against eight suspects accused of involvement in an alleged illegal mining syndicate following the repeated failure of the suspected...Published: 10 Aug 2025 at 10:07hrs | 1043 | by Staff reporter
ZRP cracks down on illegal use of blue lights, sirens
The Zimbabwe Republic Police (ZRP) has issued a stern warning to motorists illegally using blue lights, sirens, and bar lights on their vehicles, with Commissioner-General Stephen Mutamba vowing to cl...Published: 09 Aug 2025 at 16:51hrs | 597 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 399 | 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 | 136 | by Staff reporter
Logistics firm in exchange control violation
Mapho Tradelink Procurement and Logistics Private Limited, a leading procurement and logistics company, has been taken to court for allegedly breaching the Exchange Control Act by making payments exce...Published: 08 Aug 2025 at 13:08hrs | 194 | by Staff reporter
'ZiG outperforms regional peers'
The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...Published: 08 Aug 2025 at 13:02hrs | 302 | by Staff reporter
RBZ crackdown on money laundering
Following an intensive investigation into smuggling, money laundering, and financial externalisation, Zimbabwean authorities have launched a crackdown targeting several businesspeople and companies im...Published: 08 Aug 2025 at 09:15hrs | 574 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 426 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
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: 08 Aug 2025 at 08:58hrs | 812 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 150 | by Staff reporter
Zimbabwe, Rwanda strengthen ties
The third session of the Zimbabwe-Rwanda Joint Permanent Commission on Cooperation (JPCC) concluded yesterday in Kigali with the signing of five Memoranda of Understanding (MoUs), marking a new chapte...Published: 07 Aug 2025 at 09:04hrs | 73 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 65 | by Staff reporter
Zimbabwe Company Director Arrested Over US$6 Million LP Gas Forex Scandal
The National Prosecuting Authority of Zimbabwe (NPAZ) has announced the arrest of businessman Grant Chitate and his company Wellington Thulisa (Pvt) Ltd in connection with a massive foreign currency v...Published: 06 Aug 2025 at 16:35hrs | 328 | by Stephen Jakes
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 380 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | by Staff reporter
Director arrested over US$7.6m payments for LP gas imports
Grant Wellington Thulisa (Pvt) Ltd, represented by its director Grant Chitate, has been dragged before the courts on allegations of making unauthorised foreign payments totalling US$7.6 million for th...Published: 05 Aug 2025 at 17:44hrs | 1056 | by Staff reporter
Jeys Marabini charms fans with 'Umjolo' album
Legendary musician Jeys Marabini has returned to the spotlight with the release of his 10th studio album, Umjolo, a captivating 10-track project exploring themes of love, trust, and faith.The ...Published: 05 Aug 2025 at 09:41hrs | 162 | by Staff reporter
Goat tender fraud trial resumes
The trial of businessmen Moses Mpofu and Mike Chimombe, accused of defrauding the Government of US$7 million under the Presidential Goat Pass-On Scheme, resumed yesterday with Mpofu outlining the fina...Published: 05 Aug 2025 at 08:58hrs | 272 | by Staff reporter
Zanu-PF MP's property attached over US$34,000 fraud
The High Court has ordered the attachment of movable property belonging to Masvingo North legislator Brian Mudumi after he failed to repay US$34,000 in a fraud case involving his company, Cloud Africa...Published: 04 Aug 2025 at 08:40hrs | 434 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 454 | by Staff Reporter
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 667 | by Satff 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
Akashinga Anti-Poaching unit rocked by scandal
The high-profile Akashinga anti-poaching unit is facing a leadership shake-up and internal turmoil following the deaths of two suspected unarmed poachers in December 2024. The fallout has triggered di...Published: 02 Aug 2025 at 13:20hrs | 183 | by Staff reporter
Victoria Falls booms with business during COP 15
The city of Victoria Falls recorded brisk business and a surge in economic activity during the recently concluded Ramsar Convention on Wetlands (COP15), which ran from July 23 to 31 and drew more than...Published: 02 Aug 2025 at 10:14hrs | 57 | 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
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 630 | by Staff reporter
Zanu-PF warns affiliates
ZANU-PF Manicaland provincial chairperson Tawanda Mukodza has issued a stern warning to party members to be vigilant against shadowy affiliate groups allegedly infiltrating the ruling party to foment ...Published: 01 Aug 2025 at 08:06hrs | 282 | by Staff reporter
Two Men Arrested for Poaching in Shashani Conservancy
Two men, Prosper Sibindi (22) of Shashani Conservancy, Sundown Estate, Figtree, and Mthulusi Ncube (35) of Togwane Village, Shashani, Figtree, appeared before Plumtree magistrate Mr. Joshua Nembaware ...Published: 31 Jul 2025 at 22:03hrs | 290 | by Edson Mapani in Plumtree
Zimbabwe inflation surges to 95.8%
Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...Published: 31 Jul 2025 at 12:58hrs | 333 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 247 | by Staff reporter
Villagers cry foul over forced maize contributions to chiefs
Rural communities across Zimbabwe are up in arms after traditional leaders reportedly ordered each household to contribute buckets of maize to the chiefs' granaries under the guise of the cultural pra...Published: 30 Jul 2025 at 09:40hrs | 315 | by Staff reporter
Zimbabwean elephants trample SA soldier to death near border?
A South African National Defence Force (SANDF) soldier deployed on border patrol duty was killed after being trampled by a herd of elephants near the Limpopo River on Sunday night.The tragic i...Published: 29 Jul 2025 at 08:33hrs | 637 | by Staff reporter
Tourism hopes derailed by neglected road infrastructure
Hopes of transforming Kariba into a premier tourist destination are being undermined by chronic neglect of road infrastructure, with stakeholders voicing growing frustration over the government's inac...Published: 28 Jul 2025 at 14:51hrs | 165 | by Staff reporter
Zimbabweans caught between two broken health systems
When Matilda Sibanda left Bulawayo for South Africa ten years ago, her decision was driven by Zimbabwe's collapsing healthcare system. Now 34, she finds herself in a devastating limbo - unable to acce...Published: 28 Jul 2025 at 14:19hrs | 457 | by Staff reporter
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