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'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 184 | by Staff reporter
Zimbabwe successfully performs open-heart surgeries on 10 children
In a milestone for Zimbabwe's healthcare sector, 10 children with congenital heart conditions underwent successful open-heart surgeries during a week-long medical camp at Parirenyatwa Hospital in Hara...Published: 16 Nov 2024 at 18:21hrs | 364 | by Staff reporter
Simbisa Brands warns job seekers of employment scams
Simbisa Brands, a prominent fast food outlet company in Zimbabwe, has issued a public warning regarding a surge in job scams targeting desperate job seekers. In a notice released this week, the compan...Published: 02 Oct 2024 at 10:21hrs | 158 | by Staff reporter
Matinyarare's 'Innscor has destroyed the taste of Zim food' comments cause consternation
If Zimbabwe Stock Exchange (ZSE)-listed food giant Innscor was hoping to avoid press scrutiny, it could hardly have chosen a more self-destructive path than seeking a gag order against journalist Rute...Published: 04 Mar 2024 at 21:20hrs | | by Staff reporter
Benson Matinyarare a threat to national security
In a recent series of claims made by Rutendo Benson Matinyarare against Innscor, Simbisa brands, and Zed Koudounaris, it is imperative to critically analyze the validity of these assertions. These ren...Published: 26 Feb 2024 at 12:43hrs | 4 | by Trevor Nhamburo
Zanu-PF's Tshuma confident of victory in Pelandaba-Tshabalala
ASPIRING legislator for Bulawayo's Pelandaba-Tshabalala constituency, Joseph Tshuma, says his vision is to empower young people to be economically independent in line with the Government's development...Published: 31 Jan 2024 at 04:46hrs | | by Staff reporter
Innscor goes after Zanu-PF activist
Innscor Africa has obtained a takedown order against Zanu-PF social media activist Benson Rutendo Matinyarare, who posted videos online accusing the company of "destroying the taste of Zimbabwean food...Published: 17 Jan 2024 at 05:05hrs | 11 | by Staff reporter
158 Bulawayo buildings declared unsafe
The Bulawayo City Council has condemned 158 buildings in the city, which it says are unfit for occupation and pose danger to inhabitants and passers-by.This was revealed in the latest council ...Published: 07 Jan 2024 at 17:38hrs | 9 | by Staff reporter
ZIMRA measures to restore value chain integrity utter insensitive, says former Senator
FORMER MDC senator for Matabeleland North Chief Ndlovu from Nkayi has described the measures recently announced by Zimbabwe Revenue Authority (Zimra) meant to protect value chains integrity, issued in...Published: 05 Jan 2024 at 19:19hrs | 11 | by Stephen Jakes
Chiwenga's wedding was a political statement
HIGH-PROFILE weddings, especially those of the rich, famous and powerful - very important persons (VIPs) - are renowned worldwide for their grandeur, luxury and vibrant celebrations.These ausp...Published: 27 Dec 2023 at 17:26hrs | 29 | by Staff reporter
ZNA officers trade guns for trowels to safe lives
In 1998, the Zimbabwe National Army (ZNA) demonstrated exceptional valor in the distant N'Djili region of the Democratic Republic of Congo (DRC), a country still grappling with conflict today. Facing ...Published: 13 Nov 2023 at 05:50hrs | 8 | by Staff reporter
Bulawayo Poly students jailed for Chicken Inn, Mukuru robberies
Two engineering students from Bulawayo Polytechnic who were involved in a series of robberies targeting a Mukuru outlet, two Simbisa retail outlets, and several houses in Bulawayo have been sentenced ...Published: 02 Nov 2023 at 05:44hrs | 7 | by Staff reporter
Chicken Inn, Mukuru robbers arrested
In Bulawayo, the police have apprehended two suspected armed robbers believed to be responsible for a series of crimes, including robbing a Mukuru outlet, two Simbisa retail outlets, and multiple resi...Published: 30 Oct 2023 at 05:18hrs | 1 | 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 | 2 | by Staff reporter
The curious case of Chicken Inn: Unraveling the Chicken Conspiracy
Picture this: It's a beautiful day in Zimbabwe, and you find yourself in the bustling streets of Gweru. Your stomach growls, craving something delicious to satisfy your hunger. Your eyes catch a glimp...Published: 22 Jul 2023 at 13:30hrs | 9 | by Kumbirai Thierry Nhamo
Mthuli Ncube tours Bulawayo shops, chides business for hiking prices
Continued unjustified fluctuation of prices of goods in supermarkets will force people to import basic commodities from outside the country, Finance Minister Professor Mthuli Ncube has stated....Published: 28 May 2023 at 16:52hrs | 1 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 6 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 1 | by Staff reporter
NUST wins CFA Institute Research Challenge
A team from the National University of Science and Technology (NUST) has won the local competition of the CFA Institute Research Challenge after beating teams drawn from seven other local universities...Published: 04 Mar 2023 at 10:24hrs | 26 | by Staff reporter
Chicken Slice say Chicken Inn are bullies
Chicken Slice founder and chief executive officer Tawanda Mutyebere has accused his competitors the Simbisa Brands-owned Chicken Inn of bullying and of trying to stop his business empire from using re...Published: 03 Feb 2023 at 07:11hrs | 13 | by Staff Reporter
'VFEX growth exceeds expectation'
FINANCE and Economic Development Minister, Professor Mthuli Ncube, has lauded the rapid growth of the Victoria Falls Stock Exchange (VFEX), which witnessed the listing of the fifth counter, Nedbank Gr...Published: 28 Nov 2022 at 04:55hrs | 1 | by Staff reporter
Nedbank Zimbabwe heads for VFEX
FINANCIAL services outfit, Nedbank Zimbabwe said on Friday it planned to list on the Victoria Falls Stock Exchange (VFEX) on November 18, becoming the first lender to trade its stock at the waterfall ...Published: 24 Oct 2022 at 06:09hrs | 1 | by Staff reporter
2 family members dead, 26 unconscious after drinking traditional healer concoction
TWO members of a Gokwe family died on the spot after consuming a concoction administered to them by a traditional healer during a family cleansing ceremony.All 28 members of the Mandaza family...Published: 19 Oct 2022 at 05:57hrs | 1 | by Staff reporter
BCC's new parking system generates $30m
THE new parking system implemented by the Bulawayo City Council (BCC) in partnership with the privately-owned Tendy Three Investments (TTI) has generated a combined $30 million in parking and clamping...Published: 12 Sep 2022 at 06:04hrs | | by Staff reporter
Parking fees too high for Bulawayo'
BULAWAYO businesses and residents associations have insisted that fees under the new parking system implemented by the Bulawayo City Council (BCC) in partnership with the privately-owned company Tendy...Published: 07 Sep 2022 at 06:40hrs | 4 | by Staff reporter
Chiwenga warns Innscor
A TENSE meeting between President Emmerson Mnangagwa and Innscor Africa shareholders over allegations of fuelling currency volatilities rocking the market had a chilling effect after Vice-President Co...Published: 12 Aug 2022 at 20:21hrs | | by Staff reporter
RBZ lifts MetBank suspension
THE Reserve Bank of Zimbabwe has with immediate effect lifted the suspension of Metbank Limited from foreign currency exchange trading.In April, the Apex Bank slapped the bank with suspension ...Published: 08 Jun 2022 at 18:31hrs | | by Staff reporter
Money transfer agents warn of massive transaction fee hike
PRESIDENT Emmerson Mnangagwa's recent imposition of a mandatory 4% Intermediate Monetary Transfer Tax (IMTT) on domestic foreign currency transfers has the potential to double transaction fees being p...Published: 12 May 2022 at 06:29hrs | | by Staff reporter
Lulu sends warning to Chicken Inn
HIGHLANDERS coach, Mandla "Lulu" Mpofu has sent a warning to Chicken Inn to be at their best if they want to beat Bosso when the two teams collide in a Castle Lager Premier Soccer League encounter at ...Published: 01 May 2022 at 11:11hrs | | by Staff reporter
RBZ suspends Access Forex with immediate effect
THERE is a bloodbath in the financial services sector, with the Reserve Bank of Zimbabwe (RBZ) Monday shutting down yet another foreign currency dealership, Access Forex.The company announced ...Published: 25 Apr 2022 at 18:01hrs | | by Staff reporter
RBZ initiates think tank to assess banking products
THE Reserve Bank of Zimbabwe (RBZ) has created a think tank to examine new banking products and innovations prior to their launch, to assess their viability.The revelation came a day after the...Published: 25 Apr 2022 at 09:01hrs | 2 | by Staff reporter
RBZ shuts down InnBucks
THE Reserve Bank of Zimbabwe (RBZ) has ordered Simbisa Brands Pvt (Ltd) to stop operating its money transfer platform, InnBucks.InnBucks had become one of the country's main US dollar transfer...Published: 20 Apr 2022 at 19:28hrs | | by Staff reporter
BREAKING: RBZ bans Innbucks from operating
The Reserve Bank of Zimbabwe Governor John Panonetsa Mangudya has ordered the immediate banning of InnBucks money transfer service over failure to regularise its operations. Mangudya said the order me...Published: 20 Apr 2022 at 18:33hrs | | by Mandla Ndlovu
Vehicle clamping rakes in over $100,000
Lately in Bulawayo's city centre, groups of grey uniformed men maraud the streets, hunting for motorists who park at undesignated areas to clamp their vehicles.Like clockwork, the moment a mot...Published: 12 Apr 2022 at 06:28hrs | | by Staff reporter
Killer Zivhu ready for Chivi south
Controversial former Chivi South Member of Parliament Killer Zivhu seems to be harbouring interests to stand as an independent candidate in his former constituency in the upcoming by-elections....Published: 23 Jan 2022 at 07:57hrs | 8 | by Staff reporter
7 investors take SecZim to High Court
SEVEN investors have filed an urgent chamber application at the High Court for stay of implementation of the Securities and Exchange Commission (SecZim) directive on migration of registers of shares b...Published: 28 Oct 2021 at 19:09hrs | 7 | by Staff Reporter
Zanu-PF official arrested over copper-laden trailers hijacking
A SENIOR Zanu-PF Filabusi district official has been arrested over the hijacking of two Zambian copper trucks in the Dete area in Matabeleland North province, which were later discovered parked at his...Published: 23 Oct 2021 at 23:52hrs | 8 | by Staff reporter
RBZ shuts down forex platform to stem currency decline
ZIMBABWEAN authorities shut down a popular black-market currency-tracking platform, the latest action to try and stop an accelerating decline in its currency.The central bank ordered marketwat...Published: 21 Oct 2021 at 06:22hrs | | by Staff reporter
Chaos at Beitbridge border post as Zimbabwe introduces new tolls
TRUCK drivers are spending up to 10 days at the Beitbridge border post as toll company Zimborders, which has been awarded a contract by the Zimbabwean government to upgrade the border post, began coll...Published: 21 Oct 2021 at 06:16hrs | | by Staff reporter
Simbisa Brand rubbishes government directive
Simbisa Brands has rubbshed the call by the government of Zimbabwe to use interbank rates in its pricing system. The directive by ...Published: 19 Oct 2021 at 17:11hrs | 8 | by Shelton Muchena
Company bosses in court over exchange rate
THE director of Consolidated Farming Investments, trading as Farm and City, Tanaka Hofisi, yesterday appeared at the Harare Magistrates Courts on allegations of selling products using an exchange rate...Published: 12 Oct 2021 at 06:02hrs | 7 | by Staff reporter
Company bosses in court over exchange rate
THE director of Consolidated Farming Investments, trading as Farm and City, Tanaka Hofisi, yesterday appeared at the Harare Magistrates Courts on allegations of selling products using an exchange rate...Published: 12 Oct 2021 at 05:56hrs | | by Staff reporter
Govt threatens crackdown on businesses fuelling forex black market
GOVERNMENT has threatened to suspend operating licences for business entities manipulating the official foreign currency rate, thus fuelling the high parallel market exchange rate.In a stateme...Published: 08 Oct 2021 at 06:32hrs | 7 | by Staff reporter
7 Bulawayo church buildings face demolition
THE Bulawayo City Council (BCC) has warned that it will demolish seven church structures built without council approval.Council by-laws stipulate that no construction should take place without...Published: 08 Oct 2021 at 06:31hrs | 8 | by Staff reporter
Simbisa in US$19,3m expansion drive
RESTAURANT chain, Simbisa Brands Limited (SBL) will spend US$19,3 million on 92 new stores for its 2022 financial year as it seeks to expand its footprint.This comes as part of the group's eff...Published: 29 Sep 2021 at 06:43hrs | 7 | by Staff reporter
Currency instability, corruption are pointers to a failed State
AS pressure mounts on the ruling Zanu-PF party to deliver on its 2018 election promises, its support base is waning by the day.Millions of Zimbabweans around the country have lost faith in the...Published: 28 Sep 2021 at 06:31hrs | | by Simbisai Ranga
Antipas craves for Chibuku sip
CHICKEN Inn coach Joey Antipas wants to see his team improve its record in the Chibuku Super Cup, which has eluded the Bulawayo-based side for years.This year, the tournament took a different ...Published: 28 Sep 2021 at 06:15hrs | | by Staff reporter
Highlanders seek to maintain rich vein
HIGHLANDERS are hard at work as they seek to extend their unbeaten run in the Chibuku Super Cup.Bosso have not yet tasted defeat in the country's most rewarding club competition from the time ...Published: 26 Sep 2021 at 19:37hrs | 6 | by Staff reporter
20 richest investors on the Zimbabwe Stock Exchange
Investors on the Zimbabwe Stock Exchange have amassed staggering wealth since the start of the year owing to the strong pace of recovery in the country and renewed buying interest by local inv...Published: 29 Aug 2021 at 07:05hrs | 236 | by Mfonobong Nsehe
BCC condemns 51 city buildings
BULAWAYO City Council (BCC) has condemned 51 city buildings, saying they posed a danger to inhabitants and passers-by.This was revealed in the latest BCC report of the engineering services com...Published: 06 Aug 2021 at 08:02hrs | 1 | by Staff reporter
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