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StarLink terminals sold out in Zimbabwe capital
Elon Musk's Starlink terminals sold out in Zimbabwe's capital of Harare, less than two months after receiving permission from authorities to operate in the southern African nation.Harare now j...Published: 24 Oct 2024 at 16:24hrs | 1700 | by Staff reporter
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2638 | by Staff reporter
Mayor Coltart criticises ZiG, after sharp devaluation
On Friday, Bulawayo's Mayor, David Coltart, took to Twitter to express his concern over the sudden devaluation of Zimbabwe's newly introduced currency, th...Published: 28 Sep 2024 at 06:48hrs | 2053 | by Staff Reporter
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3493 | by Staff reporter
Mnangagwa must fire Mthuli, Mushayavanhu & Guvamatanga, says Zanu-PF activist
South African-based Zanu-PF supporter Kudzai Mutisi has urged President Emmerson Mnangagwa to remove Minister of Finance, Economic Development and Investment Promotion Mthuli Ncube, the Ministry's per...Published: 22 Aug 2024 at 14:59hrs | 3800 | by Staff reporter
Zambia to import electricity from Zimbabwe and SA
Zambia announced Thursday it will import electricity from neighbouring South Africa and Zimbabwe as drought slashes hydropower output, leading to blackouts of up to 16 hours a day.The state-ow...Published: 05 Aug 2024 at 18:30hrs | 231 | by AFP
Zimbabwe central bank sees slower economic growth of 2%
The Reserve Bank of Zimbabwe (RBZ) projects the economy to grow by 2% in 2024, which is slower than the government's earlier forecast of 3.5%. Despite the lower inflation outlook and market calls for ...Published: 27 Jun 2024 at 14:22hrs | | by Staff reporter
Zimbabwe to get $30 million payout for El Nino
Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it reels from the impact of El Niño-induced drought that's already slashed corn output and l...Published: 18 May 2024 at 21:31hrs | 1 | by Staff reporter
El Niño drives Zimbabwean millers to seek Brazilian corn
Zimbabwe is considering importing corn from Brazil for the first time since 2014 as the El Niño weather pattern withers crops in the country and its neighbours.The dry spell triggered by the ...Published: 16 Apr 2024 at 07:47hrs | | by Staff reporter
Zimbabwe set to announce fate of Zimdollar
Zimbabwe's currency plunged to yet another record low as citizens rushed to the safety of the US dollar amid speculation an announcement from the central bank on the fate of the local unit is imminent...Published: 04 Apr 2024 at 06:03hrs | | by Staff reporter
Zimbabwe faces crippling power outages
ZIMBABWE faces crippling power cuts after the Zambezi River Authority (ZRA) announced that water levels at Lake Kariba have slightly decreased compared to the recordings made last year during the same...Published: 08 Mar 2024 at 05:09hrs | | by Staff reporter
Parents call for a downward review of Zimsec exam registration fees
WITH about a month left before the Zimbabwe School Examinations Council (Zimsec) 2024 examination registration deadline, parents have called for a downward review of the registration fees.Whil...Published: 22 Feb 2024 at 04:51hrs | | by Staff reporter
Deloitte exits Zimbabwe as management leads buyout
Deloitte, one of the world's big four accountancy firms, is leaving its Zimbabwe business and senior partners will buy out the unit.The Zimbabwe practice will exit the Deloitte network by Octo...Published: 15 Feb 2024 at 10:15hrs | | by Staff reporter
Mthuli Ncube's taxes kick in
Zimbabweans will begin a new year tomorrow faced with a basket of new taxes, levies and fees that will push up the cost of living for many that are already struggling to make ends meet.Finance...Published: 31 Dec 2023 at 13:00hrs | 9 | by Staff reporter
Zimbabweans rush to beat January passport fee hike
LONG winding queues have resurfaced at the Civil Registry offices in Bulawayo as scores of people including Diasporans on holiday continue to flood the facility to apply for passports and other nation...Published: 20 Dec 2023 at 06:11hrs | 9 | by Staff reporter
Chief Justice sets 2-month cap for poll dispute resolution
Chief Justice Luke Malaba has announced a new raft of measures under which all electoral disputes will now be finalised within a period of two months to curb the dragging of cases.This is aime...Published: 15 Dec 2023 at 07:22hrs | 1 | by Staff reporter
Zimbabwe police systems are crumbling
I don't know about these days, but one of the most shaming things back in the days was when a learner was sent back home because he or she didn't have a uniform.It was shaming on the learner a...Published: 26 Nov 2023 at 08:43hrs | 9 | by Tawanda Majoni
Harare slashes plan approval fees
The Harare City Council has decided to reduce its building plans and inspection fees in response to public complaints about the high United States dollar-denominated charges that were introduced in Ju...Published: 03 Nov 2023 at 05:45hrs | 14 | by Staff reporter
Zimbabwe power cuts roll back after polls
AFTER two months of uninterrupted power supply, load-shedding has rolled back with several urban areas going for many hours without electricity.Ahead of the elections, Zesa Holdings announced ...Published: 02 Sep 2023 at 20:44hrs | | by Staff reporter
TTI slashes Bulawayo parking fees
BULAWAYO'S parking management company, Tendy Three Investments (TTI), was forced to reduce its daily parking fees by 50 percent from US$8 per day to US$4 in response to concerns raised by motorists in...Published: 29 Aug 2023 at 07:04hrs | | by Staff reporter
CCC aspiring councillor warned against nepotism
Entumbane residents have implored the Citizens Coalition for Change (CCC) aspiring councillor Kalazani Ndlovu to avoid nepotism in the expanded public works program if she wins in the August 23 electi...Published: 10 Aug 2023 at 20:20hrs | 9 | by Staff reporter
Bosso's brilliant performances attracts the attention of Jose Mourinho
HIGHLANDERS' brilliant start to the campaign under Portuguese coach Baltemar Brito has attracted the attention of legendary Chelsea and Manchester United manager, Jose Mourinho.Bosso, whose un...Published: 07 Aug 2023 at 06:38hrs | 10 | by Staff reporter
US$27m needed to modernise Bulawayo CBD roads
THE Bulawayo City Council says it needs about US$27 million to completely modernise the city centre road network and ensure the establishment of efficient parking infrastructure.While some sta...Published: 26 Jul 2023 at 06:37hrs | 1 | by Staff reporter
RBZ sweet-talks millers
The Reserve Bank of Zimbabwe Governor John Mangudya has sweet-talked millers to reduce prices of maize meal, flour and salt ahead of elections.After successfully meeting with a high-level dele...Published: 24 Jul 2023 at 20:32hrs | 4 | by Simbarashe Sithole
Baker's Inn slashes bread prices
Baker's Inn Bakery has reduced the price of bread alleviating the strain on the pockets of Zimbabweans.In an era where rising costs have become the norm, Baker's Inn, has emerged as a knight i...Published: 07 Jul 2023 at 07:36hrs | 7 | by Staff reporter
City council to auction 142 clamped vehicles
HARARE City Council is set to auction at least 142 vehicles impounded for violating traffic laws and never claimed by their owners who would have to pay fines and charges to get them back.The ...Published: 06 Jul 2023 at 08:09hrs | | by Staff reporter
Fire burns part of Luveve Cemetery
A portion of Luveve cemetery was burnt by a veld fire which destroyed grave markers and some of the tombstones.The cause of the fire is unknown but some residents blamed the Bulawayo City Coun...Published: 05 Jul 2023 at 17:37hrs | 7 | by Staff reporter
Bulawayo fire tender destroyed by fire
TWO firefighters from Bulawayo City Council (BCC)'s Fire and Ambulances Services sustained severe burns while their fire tender was reduced to ashes as they battled to put out a veld fire at a plot in...Published: 15 Jun 2023 at 20:46hrs | 6 | by Staff reporter
MPs summon Mthuli Ncube
MEMBERS of Parliament (MPs) have demanded — again — that Finance minister Mthuli Ncube avail himself to the National Assembly to deal with the fast-deteriorating economic situation and answer ques...Published: 12 Jun 2023 at 06:45hrs | 1 | by Staff reporter
'Mthuli Ncube's shop raids a publicity stunt'
ECONOMISTS have described Finance minister Mthuli Ncube's weekend raids on retail shops to check on pricing of basic commodities as a publicity stunt after failing to tame the country's runaway inflat...Published: 30 May 2023 at 06:48hrs | 2 | by Staff reporter
At what stage does a President concede failure?
IF I were the President of Zimbabwe - what would I be expected to do under the prevailing economic circumstances?The country goes for an average 20 hours each day without electricity, and most...Published: 29 May 2023 at 06:34hrs | | by Tendai Ruben Mbofana
At what stage does a president concede he has failed?
If I were the president of Zimbabwe - what would I be expected to do under these circumstances?The country goes for an average 20 hours each and every day without electricity, and most urban a...Published: 28 May 2023 at 16:02hrs | | by Tendai Ruben Mbofana
US credit rating downgraded
China Chengxin International Credit Rating (CCXI) slashed its sovereign credit score for the US by one notch earlier this week, becoming the first among top rating firms to make the move.The l...Published: 27 May 2023 at 19:44hrs | | by Staff reporter
South African rand hits record low in more market turbulence
The South African rand hit an all-time low on Friday before paring losses after a minister denied the country's arms control committee had approved an arms shipment to Russia, on another turbulent day...Published: 13 May 2023 at 18:41hrs | | by Staff reporter
Zera slashes gas price by 14,9%
LIQUEFIED petroleum gas (LPG) users will pay 14,9 percent less this month after the Zimbabwe Energy Regulatory Authority reduced the retail price for the commodity in foreign currency.The reta...Published: 12 May 2023 at 21:31hrs | | by Staff reporter
Curtain comes down on eventful ZITF
THE Zimbabwe International Trade Fair (ZITF) is an annual event that brings together business leaders, innovators, policymakers, and investors from across the globe together.This year's trade ...Published: 30 Apr 2023 at 08:57hrs | | by Staff reporter
Ncube frets over runaway forex rate
FINANCE minister Mthuli Ncube this week threatened to hike Zimbabwe's policy rate beyond 200%, if companies continue to dabble into parallel market activities.The Treasury chief, who spoke dur...Published: 28 Apr 2023 at 07:04hrs | | by Staff reporter
ZITF slashes entry prices by half
The Zimbabwe International Trade Fair entry prices have been reduced for public days, Friday and Saturday during the annual showcase in Bulawayo.This was said by ZITF Company Board chair, Mr B...Published: 25 Apr 2023 at 19:38hrs | | by Staff reporter
'Black market rates to fall,' dreams RBZ
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:48hrs | 1 | by Staff reporter
Zimbabwe central bank introduces gold-backed digital currency
THE Reserve Bank of Zimbabwe (RBZ) is set to introduce a gold-backed digital currency to be used as legal tender for transacting in the country as part of interventions to stabilise the local currency...Published: 23 Apr 2023 at 07:47hrs | 2 | by Staff reporter
Treasury slashes Zec election funding bid by 40%
TREASURY allocated only $77 billion to the Zimbabwe Electoral Commission (Zec) to run this year's harmonised elections, which is about 40% less of its bid of $128,6 billion, Zec chairperson Justice Pr...Published: 07 Apr 2023 at 09:13hrs | | by Staff reporter
Reserve Bank of Zimbabwe slashes policy rate
THE Reserve Bank of Zimbabwe (RBZ) yesterday slashed its policy rate further to 140%. The policy rate had been pegged at 150% at the beginning of the year, from 200% before.Analysts said the m...Published: 31 Mar 2023 at 17:55hrs | | by Staff reporter
Zimbabwe exports in 5,5% jump from a low base
ZIMBABWE'S manufacturers enjoyed rising export demand amid an increase in productivity, a government State of Industry report has indicated.The report suggested that manufactured export goods ...Published: 21 Feb 2023 at 05:53hrs | | by Staff reporter
Why have Smith's prophetic words about Zimbabwe come to pass?
If ever there were any painful words spoken about an independent Zimbabwe - none, arguably, can surpass those supposedly uttered by Rhodesia Prime Minister Ian Douglas Smith.He is alleged to h...Published: 04 Feb 2023 at 08:48hrs | 9 | by Tendai Ruben Mbofana
Reserve Bank slashes lending rates, increases forex retention
THE Reserve Bank of Zimbabwe (RBZ) has trimmed its bank policy rate to 150 percent from 200 percent per annum and increased foreign currency retention thresholds for exporters on domestic sales while ...Published: 02 Feb 2023 at 22:58hrs | 4 | by Staff Reporter
Zimbabweans danced when Mugabe fell, now life is worse than ever
For Jasmine Toffa, the hardest moment of her life was not being beaten black and blue by regime thugs. It came when the Zimbabwean MP appeared in parliament after surgery, broken hands in plaster, and...Published: 30 Jan 2023 at 07:15hrs | 9 | by Christina Lamb for The Sunday Times (UK)
Zupco fares slashed
THE Zimbabwe Passenger Company (Zupco) at the weekend reduced inner city fares in all trading currencies, a development commended by the Passengers Association of Zimbabwe (PAZ).Zupco reduced ...Published: 16 Jan 2023 at 16:20hrs | | by Staff reporter
Steel firms pour US$1 billion into Zimbabwe
Major steel-processing firms developing operations in Zimbabwe have this year invested over US$1 billion into their projects, which are at various stages of implementation, official data showed yester...Published: 27 Dec 2022 at 06:40hrs | 1 | by Staff reporter
Zimbabwe power cuts to ease
THE Zimbabwe Electricity Supply Authority (Zesa) has said that the power situation in the country has improved due to increased generation at Hwange Power Station.However, on its portal yester...Published: 25 Dec 2022 at 14:12hrs | | by Staff reporter
Zera slashes fuel dealership licence renewal fees
THE Zimbabwe Energy Regulatory Authority (Zera) has reduced fuel dealership licence renewal fees for 2023 by 13%.In a circular to the petroleum sector, Zera said the wholesale licence fee woul...Published: 07 Dec 2022 at 05:07hrs | | by Staff reporter
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