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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: 4 hrs ago | 420 | by Staff reporter
Don't you feel envious seeing democracy at work in neighboring countries, Mr. Mnangagwa?
Zimbabwe stands as a glaring anomaly in a region where democratic transitions have become the norm. Since gaining independence in 1980, the country has never experienced a smooth transfer of p...Published: 14 hrs ago | 255 | by Tendai Ruben Mbofana
4 injured in Gatsheni bus accident along Bulawayo- Victoria Falls Road
Four people were injured in a collision between a Gatsheni Bus Services vehicle and a Howo truck at the 75-kilometer peg along the Bulawayo-Victoria Falls Road around 3 PM yesterday. The incident occu...Published: 21 hrs ago | 599 | by Staff reporter
The 1km death trap on Bulawayo-Gwanda Road
A one-kilometre stretch of road along the busy Bulawayo/Gwanda Highway, just past the Kensington shops, has been dubbed a "death trap" following four accidents in the area within the last two months. ...Published: 04 Nov 2024 at 06:45hrs | 571 | by Staff reporter
Zimbabwe police arrest traffic cops in the viral video
The Zimbabwe Republic Police (ZRP) has announced the arrest of two officers following the emergence of a viral social media post showing them accepting bribes from pirate kombis, taxis, and registered...Published: 03 Nov 2024 at 13:35hrs | 1627 | by Staff reporter
Hwange's Unit 7 reconnected, boosting Zimbabwe's power capacity
In a significant boost to Zimbabwe's electricity generation, Hwange Thermal Power Station's Unit 7 was reconnected to the national grid on Friday, adding an additional 300 megawatts (MW) to the countr...Published: 03 Nov 2024 at 10:04hrs | 185 | by Staff reporter
Chiwenga visits Rtd Air Chief Marshal Moyo after accident
Retired Air Chief Marshal Elson Moyo, the former Air Force of Zimbabwe (AFZ) Commander, is in stable condition and receiving specialized care at a Harare hospital after being involved in a road accide...Published: 02 Nov 2024 at 08:35hrs | 667 | by Staff reporter
Why UDC's victory is not a blueprint for Zimbabwe's opposition
The recent political landscape in Southern Africa has been marked by significant shifts, with the Botswana Democratic Party (BDP) conceding defeat to the United Democratic Congress (UDC) led by Duma B...Published: 01 Nov 2024 at 17:03hrs | 2332 | by Tinotenda Gacha
Botswana President concedes defeat in televised address
Botswana President Mokgweetsi Masisi has officially conceded defeat in the recent elections, signaling a significant political transition in the country. In his remarks, Masisi expressed his commitmen...Published: 01 Nov 2024 at 07:12hrs | 3246 | by Staff reporter
Botswana's ruling party loses power after six decades
Botswana's governing party has suffered a shock election defeat after nearly six decades in power, preliminary election results show.President Mokgweetsi Masisi's Botswana Democratic Party (BD...Published: 01 Nov 2024 at 06:51hrs | 1475 | by Staff reporter
'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 | 888 | by Staff reporter
Retired Chief Air Marshal Elson Moyo injured in road accident
On October 29, 2024, at approximately 3:00 PM, Retired Chief Air Marshal Elson Moyo, the former Commander of the Air Force of Zimbabwe, was involved in a single-vehicle accident along the Chegutu-Pick...Published: 30 Oct 2024 at 09:32hrs | 1625 | 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 | 3943 | 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 | 4487 | by Staff reporter
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6731 | by Staff reporter
9 power stations planned for Zimbabwe
Zimbabwe's energy sector is poised for a significant transformation next year, as nine new public and private power projects are expected to add 2,690 megawatts (MW) to the national grid. This increas...Published: 29 Oct 2024 at 07:32hrs | 597 | by Staff reporter
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 | 353 | by Staff reporter
What did the ZANU-PF conference achieve besides trying to do something unconstitutional?
The recent ZANU-PF National People's Conference in Bulawayo was expected to chart a course for Zimbabwe's pressing challenges. Yet, rather than addressing the nation's economic woes, poverty l...Published: 28 Oct 2024 at 13:12hrs | 999 | by Tendai Ruben Mbofana
IMF cautions Zimbabwe
ZIMBABWE won't solve its economic challenges via the gold-backed ZiG currency that it launched in April and has since had to devalue, the International Monetary Fund said."There's a tendency t...Published: 27 Oct 2024 at 12:30hrs | 4003 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 270 | by Staff reporter
China urges Western countries to lift illegal sanctions on Zimbabwe
China urges the very few Western countries, including the United States, and organizations to lift their decades-long illegal sanctions on Zimbabwe, China's Foreign Ministry spokesman Lin Jian said at...Published: 25 Oct 2024 at 17:15hrs | 243 | by Staff reporter
Zimbabwe needs alternative to US$
Persistence Gwanyanya, a member of the Reserve Bank of Zimbabwe's (RBZ) Monetary Policy Committee, has underscored the urgent need for alternatives to the US dollar as a store of value, highlighting c...Published: 25 Oct 2024 at 14:40hrs | 562 | by Staff reporter
Food security is part of governance: Zinyengerere
Mhondoro-Mubayira ward 27 councillor, Maxwell Zinyengerere has announced that food security complements local governance and therefore leaders should strive to make sure their subjects do not starve....Published: 24 Oct 2024 at 12:14hrs | 126 | by Gideon Madzikatidze
'ZiG must go'
The Zimbabwe Gold (ZiG) currency is facing mounting pressure from the business community, which is advocating for its removal due to increasing volatility, despite the Reserve Bank of Zimbabwe's (RBZ)...Published: 24 Oct 2024 at 08:02hrs | 2161 | by Staff reporter
US investment in Zimbabwe's mining stall, Chinese investment booming
Zimbabwe's mining sector, despite being rich in natural resources, is facing challenges in attracting substantial investment from U.S. companies. Experts attribute this to policy inconsistency and cur...Published: 22 Oct 2024 at 17:16hrs | 1782 | by Staff reporter
Zimbabwe health authorities monitoring Mpox contacts after 2 cases
Health authorities in Zimbabwe are closely monitoring the contacts of two individuals who recently tested positive for Mpox, a viral infection that has spread globally from equatorial forests in Afric...Published: 21 Oct 2024 at 07:39hrs | 230 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1736 | by Staff reporter
Calls for US$ salaries grow louder in Zimbabwe
The Zimbabwe Congress of Trade Unions (ZCTU) has once again called for workers to be paid in United States dollars until the government stabilizes the country's economic fundamentals, arguing that thi...Published: 19 Oct 2024 at 12:11hrs | 201 | by Staff reporter
Zimbabwe's resilience: A nation's ability to overcome economic challenges, from sanctions to currency instability
For over two decades, Zimbabwe has been a nation under siege. Economic sanctions, imposed primarily by the United States and its Western allies, have crippled the country's economy, creating one of th...Published: 18 Oct 2024 at 11:56hrs | 154 | by Michael Badze
Govt, Bulawayo turn abandoned buildings into drug rehab centres
The government, in collaboration with the Bulawayo City Council (BCC), has embarked on an initiative to identify and renovate abandoned buildings for use as rehabilitation centres for drug abusers. Th...Published: 18 Oct 2024 at 08:56hrs | 349 | by Staff reporter
ZiG devaluation amid rising gold prices raises lots of questions
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi faced tough questions in Parliament on Wednesday regarding the recent devaluation of the Zimbabwe Gold currency (ZiG) despite soaring ...Published: 18 Oct 2024 at 08:47hrs | 255 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3240 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6181 | by Engineer Jacob Kudzayi Mutisi
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2509 | by Staff reporter
Why video chat is better than the classic dating app
Many of you might remember when people went on blind dates or speed dating, or when friends or colleagues invited each other to meetings to introduce/bring together a potential couple. Sometimes, it w...Published: 16 Oct 2024 at 16:54hrs | 338 | by Staff Reporter
Mnangagwa's adviser says ZiG is 'doomed', warns RBZ Governor
Local economist and adviser to President Emmerson Mnangagwa, Eddie Cross, has issued a stark warning to Reserve Bank of Zimbabwe (RBZ) Governor John Mushayavanhu, cautioning that the country's new Zim...Published: 15 Oct 2024 at 18:10hrs | 5643 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 163 | by Staff reporter
Zimbabwe confirms 2 cases of imported Mpox
The Ministry of Health and Child Care has confirmed that Zimbabwe now has two confirmed cases of Mpox (formerly known as Monkeypox). One case has been reported in Harare, and another in Mberengwa. Bot...Published: 13 Oct 2024 at 16:46hrs | 1098 | by Staff reporter
BCC limits number of public transport operators
The City of Bulawayo has expanded its public transport network by collaborating with a fifth transport company as part of its ongoing efforts to improve urban mobility. This move comes as part of the ...Published: 13 Oct 2024 at 12:26hrs | 223 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1319 | by Staff reporter
Teacher nudes rattle high school
In a dramatic turn of events, a teacher from Mzilikazi High School, Plaxedis Kumbirayi Munyaradzi, has taken five of her colleagues to court, accusing them of sexual harassment and emotional abuse....Published: 11 Oct 2024 at 15:55hrs | 1753 | by Staff reporter
Zimbabwe government's continued web of lies on ZiG gold-backing exposed!
Yesterday's statement, in a ZBC interview, by Reserve Bank of Zimbabwe Governor John Mushayavanhu has sparked confusion regarding the country's new currency, the Zimbabwean Gold (ZiG). The gov...Published: 11 Oct 2024 at 08:32hrs | 2289 | by Tendai Ruben Mbofana
Gold reserves backing ZiG rise
The Reserve Bank of Zimbabwe (RBZ) has reassured the public of continued exchange rate stability, with gold reserves backing the Zimbabwe Gold (ZiG) currency now valued at over US$450 million, up from...Published: 10 Oct 2024 at 18:50hrs | 6221 | by Staff reporter
Bulawayo water crisis deepens
Bulawayo residents are grappling with a severe water crisis as the Bulawayo City Council (BCC) announced the extension of the water-shedding schedule from 120 hours to 130 hours per week, effective to...Published: 09 Oct 2024 at 07:42hrs | 168 | by Staff reporter
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1400 | by Tendai Ruben Mbofana
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 791 | by Tendai Ruben Mbofana
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 599 | by Staff reporter
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1079 | by Staff reporter
'Situation at Harare Town House has reached another level'
Harare city councillors have expressed frustration over the lack of an effective communication system at Town House, which they believe has led to sensitive information being disseminated via social m...Published: 03 Oct 2024 at 08:55hrs | 543 | by Staff reporter
BF residents fear tower light will fall on houses
Residents of Barbourfields in Bulawayo are living in fear as a tower light, compromised by stolen metal bars, teeters on the brink of collapse, endangering nearby houses and community members. The ins...Published: 03 Oct 2024 at 08:48hrs | 272 | by Staff reporter
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