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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 | 129 | by Gideon Madzikatidze
Diversify varieties to arrest climate change: Hekhani seeds
Farmers have been urged to use diverse seed varieties during the forthcoming farming season to combat impacts of climate change.Speaking during an interview on the preparedness of seed compani...Published: 16 Oct 2024 at 16:40hrs | 204 | by Staff Reporter
Zim Vet targets 100k semen to boost national herd
In their efforts to increase national herd and improve genetics of local populations (cattle) through breeding, Zimbabwe Directorate of Veterinary Services' 2024 to 2025 upcoming bulling season is tar...Published: 15 Oct 2024 at 18:09hrs | 208 | by Gideon Madzikatidze
Major pension boost for Zimbabwe civil servants
Public sector workers in Zimbabwe are set to benefit from enhanced retirement packages under the proposed State Service Pension Fund, which aims to boost both financial and social security for civil s...Published: 13 Oct 2024 at 12:22hrs | 1038 | by Staff reporter
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
ZSE outshines VFEX in wealth creation
The Zimbabwe Stock Exchange (ZSE) has emerged as the preferred investment destination for those seeking wealth creation, surpassing the foreign currency-denominated Victoria Falls Stock Exchange (VFEX...Published: 26 Sep 2024 at 13:37hrs | 62 | by Staff reporter
Gordhan gave tenders to his cronies, leaves a fractured legacy
ONCE praised as an "incorruptible" crusader in South Africa, Pravin Gordhan has left behind a legacy tarnished by mistakes, poor leadership, and growing corruption claims, giving rise to the question ...Published: 15 Sep 2024 at 12:35hrs | 1139 | by Sizwe Dlamini, Thabo Makwakwa, Manyane Manyane
Mnangagwa govt's spokesperson accuses Aaron Motsoaledi of xenophobia
Zimbabwean government spokesperson Ndavaningi "Nick" Mangwana has accused South Africa's Health Minister, Aaron Motsoaledi, of xenophobia. This accusation follows Motsoaledi's recent comments suggesti...Published: 01 Sep 2024 at 11:59hrs | 1579 | by Staff reporter
Zimplats narrows down costs
Zimplats narrowed down costs in the quarter to end June although it is still investing in capital projects such as a solar power plant that is due for commissioning and a concentrator project....Published: 16 Aug 2024 at 14:06hrs | 852 | by Staff reporter
South African Rand takes a hit
The rand and a number of South African stocks took a hit on Monday as investors moved away from purchasing riskier assets, and it became evident that the US may enter a recession.The rand was ...Published: 06 Aug 2024 at 09:12hrs | 1342 | by Staff reporter
'Zimbabwe in food crisis by month end'
Zimbabwe has received approximately US$32 million in drought relief aid, with US$31.8 million coming from the African Risk Capacity (ARC) 2023/24 Drought Insurance Payout. ...Published: 05 Jul 2024 at 11:30hrs | 2 | by Staff reporter
Boost for ZSE as govt suspends tax on stocks
Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sol...Published: 02 Jul 2024 at 06:36hrs | 3 | by Staff reporter
SA Rand is a DA member in good standing
South Africa's currency fell the most in emerging markets Thursday (27 June), leading a selloff in the nation's assets, amid growing anxiety over delays to the formation of President Cyril Ramaphosa's...Published: 28 Jun 2024 at 10:06hrs | 1 | by Staff reporter
Stability of Zimbabwe's currency prompts scrapping of stock market rule
The stability of Zimbabwe's new currency, the ZiG, has prompted authorities to scrap a rule in place since 2022 that requires investors on its main bourse to hold onto stocks for a period of 180 days ...Published: 14 Jun 2024 at 15:19hrs | | by Staff reporter
RBZ, kombi operators meet over change
The Reserve Bank of Zimbabwe (RBZ) has reported that despite releasing ZiG55 million in small notes and coins since April, the domestic market continues to experience a shortage of change. ...Published: 11 Jun 2024 at 05:45hrs | 2 | by Staff reporter
Man steals farm CCTV cameras
A 19-year-old individual from Mangwe in Matabeleland South has been handed a two-month prison sentence for the theft of closed-circuit television (CCTV) cameras valued at US$400 from Stockstown Farm....Published: 24 May 2024 at 08:50hrs | 9 | by Staff reporter
China to revamp Zimbabwe railway company
Zimbabwe is in talks with China Railway Group Ltd. to help modernize the state-owned National Railways of Zimbabwe."We believe that we could make use of their expertise and financial muscle to...Published: 22 May 2024 at 09:25hrs | 1 | by Staff reporter
Zimbabwe's new ZiG currency strengthens on second day of trading
Zimbabwe's new gold-backed currency the ZiG strengthened a day after its debut, even as it roiled commerce nationwide as banks, retailers and utilities battled to switch to the new unit.It gai...Published: 10 Apr 2024 at 06:05hrs | 5 | by Staff reporter
ZSE rebases bourse to reflect ZiG
THE Zimbabwe Stock Exchange (ZSE) is re-basing all its indices following the introduction of a new currency, Zimbabwe Gold (ZiG), last week.ZSE said all the ZSE indices would be re-based to 10...Published: 09 Apr 2024 at 06:22hrs | | by Staff reporter
'Mealie-meal readily available'
THE Consumer Council of Zimbabwe (CCZ) has said surveys indicate that grain and mealie-meal are readily available in both the formal and informal markets, with the consumer watchdog expressing a...Published: 04 Apr 2024 at 06:14hrs | | by Staff reporter
Exploring the World of Forex Trading in Zimbabwe with MetaTrader 5
Forex trading, the dynamic process of exchanging currencies, is becoming increasingly popular in Zimbabwe. The Forex market offers a viable platform as individuals and traders look for new o...Published: 19 Mar 2024 at 12:16hrs | 43 | by Staff Reporter
Zim govt flags UBH theft of drugs, malpractices
GOVERNMENT has raised a red flag over alleged acts of mismanagement, corruption in terms of awarding of tenders and theft of essential drugs at the United Bulawayo Hospitals (UBH), one of the country'...Published: 15 Mar 2024 at 07:13hrs | 4 | by Staff reporter
'Mutapa Investment Fund mustn't become conduit for looting'
AS prevalence of public sector corruption reaches alarming levels, the International Monetary Fund (IMF) has demanded that Zimbabwean authorities ensure the newly-established Mutapa Investment Fund (M...Published: 11 Mar 2024 at 09:09hrs | 9 | by Staff reporter
GMB maize stocks fall
MAIZE stocks have declined in the nation's reserves at Grain Marketing Board (GMB) depots dotted across the country, and this may worsen food insecurity situation at a time when inflation and currency...Published: 11 Mar 2024 at 09:08hrs | 1 | by Staff reporter
Mnangagwa assures food security for urban dwellers
PRESIDENT Mnangagwa yesterday reiterated that his Government will ensure that all the vulnerable households across the country receive food aid, including those staying in urban centres.Speaki...Published: 08 Mar 2024 at 05:05hrs | | by Staff reporter
Matinyarare convicted of fraud
FORMER Croco Motors Parts Manager, Joseph Matinyarare, has been convicted of fraud after prosecution proved that he stole various car parts worth $107 484 633.Matinyarare was found guilty afte...Published: 29 Feb 2024 at 10:44hrs | | by Staff reporter
CCC MP raps Zanu-PF over partisan food distribution
BINGA South Citizens Coalition for Change (CCC) legislator, Fanuel Cumanzala, has accused Zanu-PF officials of hijacking the yet to be launched food aid distribution programme to ensure only its party...Published: 26 Feb 2024 at 04:52hrs | | by Staff reporter
More people in Zimbabwe could require emergency food aid
The World Food Program (WFP) on Tuesday warned that more people in Zimbabwe will likely require emergency food aid during the 2024/2025 lean season due to the impact of El Nino.Although the le...Published: 14 Feb 2024 at 04:45hrs | | by Staff reporter
'Zimbabwe has enough maize' GMAZ says
The Grain Millers Association of Zimbabwe (GMAZ) has emphatically reassured the nation that the country's maize supply is robust and secure. Addressing recent assertions that Zimbabwe had a mere four ...Published: 06 Feb 2024 at 12:11hrs | 1 | by Nkululeko Nkomo
Millers dismiss claims of maize shortages
The Grain Millers Association of Zimbabwe (GMAZ) has assured the nation that the country is maize secure as there are adequate and satisfactory supplies of grain across the country.In a statem...Published: 06 Feb 2024 at 04:34hrs | 2 | by Staff reporter
Zimbabwe govt unveils ZWL$11b food aid package
GOVERNMENT has availed a ZWL$11 billion food aid programme to prevent hunger related deaths in food insecure hotspots countrywide.Public Service deputy minister Mercy Dinha revealed the approx...Published: 02 Feb 2024 at 04:58hrs | | by Staff reporter
Zimbabwe forex policy chokes exporters
LISTED agricultural concern Ariston Holdings says the 25% export retention coupled with the huge disparity between the interbank exchange rate and the fair market rate used by suppliers is making some...Published: 31 Jan 2024 at 06:59hrs | 1 | by Staff reporter
Zimbabwe left with 4 months grain supply
ZIMBABWE'S grain stocks are depleting and will last for four months, the Grain Marketing Board (GMB) said yesterday, amid calls for the government to scale up imports.The revelations by GMB ac...Published: 30 Jan 2024 at 18:56hrs | | by Staff reporter
Foreign investors ditch Zimbabwe capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading res...Published: 30 Jan 2024 at 07:47hrs | 2 | by Staff reporter
Grain millers flag 'artificial' mealie-meal shortages in supermarkets
LOCAL grain millers say they have contingency measures throughout the value chain to ensure adequate mealie-meal stocks to feed the nation.The assurance by the Grain Millers Association of Zim...Published: 29 Jan 2024 at 06:00hrs | | by Staff reporter
Zimbabwe blood stocks deplete
THE National Blood Service Zimbabwe (NBSZ) has called for more blood donations as the national blood stocks run critically low.NBSZ southern region coordinator Sifundo Ngwenya said the blood stocks fo...Published: 22 Jan 2024 at 12:42hrs | 3 | by Staff reporter
'Dollar deals' cripple bars, nightclubs
ILLEGAL alcohol sellers that have sprouted across the city are crippling the business of registered nightclubs and bars while Government has set high standards of operation to bring sanity to the dist...Published: 16 Jan 2024 at 04:41hrs | | by Staff reporter
Zimbabwe claims to have enough grain in stock
GOVERNMENT has assured the nation that Zimbabwe has enough mealie-meal to feed the people amid fears of a possible shortage due to the predicted El Nino-induced droughtZimbabwe and other regio...Published: 10 Jan 2024 at 05:55hrs | 7 | by Staff reporter
'Zimbabwe to closely monitor commodity prices'
GOVERNMENT will continue to monitor basic commodity prices and availability of 14 key products to help consumers acquire essential goods at reasonable costs, Industry and Commerce minister Sithembiso ...Published: 05 Jan 2024 at 05:52hrs | 10 | by Staff reporter
'Rains too late to stop Zimbabwe hunger'
A FAMINE monitoring agency says recent rains may have done little to avert a hunger crisis next year as indications show that over a million people are in need of food aid.The prolonged El Nin...Published: 31 Dec 2023 at 12:58hrs | 6 | by Staff reporter
Mnangagwa's govt in umpteenth warning on price hikes
GOVERNMENT has for the umpteenth time warned the business community against hiking pricing during the festive season as it works with industry to make sure that there are no shortages during the year-...Published: 18 Dec 2023 at 04:55hrs | 7 | by Staff reporter
Zimbabwe rainy season likely to be very short
The Government has advised farmers that the rainy season has started and is likely to be short with all parts of the country expected to receive rains this week.Information, Publicity and Broa...Published: 13 Dec 2023 at 05:11hrs | | by Staff reporter
Bulawayo supply dams at 44,43%
BULAWAYO supply dams are currently at 44,43% with the total volume of all dams at 184 208 617 cubic metres while the drawable volumes are at 167 623 509 cubic metres (m³), underlining the crisis the ...Published: 05 Dec 2023 at 20:39hrs | 11 | by Staff reporter
'Zimbabweans are already overtaxed'
AMERICAN financial literacy website, Investopedia defines 'wealth tax' as a tax based on the market value of assets owned by a taxpayer.A wealth tax is typically put on a 'high-net-worth' indi...Published: 03 Dec 2023 at 17:37hrs | 10 | by Staff reporter
US$11m LP gas depot complete
GAS supplies are now more assured with the operationalisation of the first phase of the US$11 million liquefied petroleum gas (LPG) storage and handling facility with a holding capacity of 650 tonnes ...Published: 30 Nov 2023 at 06:51hrs | 9 | by Staff reporter
Zimbabwe records 468 000t wheat harvest
The successful land reform paid dividends to wheat farmers this season following the attainment of a resounding record wheat harvest of 467 905 tonnes compared to 375 000 tonnes last season with farme...Published: 28 Nov 2023 at 05:17hrs | | by Staff reporter
Depleted local food produce constrains access to income ahead of 2024 season: FEWS NET
The Famine Early Warning Systems Network (FEWS NET) has reported that depleted own-produced food stocks, has constrained access to income, and high food prices will likely drive Crisis (IPC Phase 3) o...Published: 27 Nov 2023 at 13:26hrs | 8 | by Stephen Jakes
Innovative Ventures: Investing in Startups and High-Yield Bonds
High-risk investments often bear a striking resemblance to the world of casinos—a realm filled with the allure of great rewards and the ever-present risk of substantial losses. In this article, we'l...Published: 27 Nov 2023 at 12:32hrs | 14 | by Staff Reporter
Zimbabwe motorists warned to put papers in order
Motorists who continue driving unregistered vehicles will be arrested and have their cars impounded, including those using temporary plates, Government has warned, as the number of people driving unre...Published: 15 Nov 2023 at 05:08hrs | 8 | by Staff reporter
Zanu-PF affiliate Farmers4ED here to stay, says founder
Farmers for Economic Development (Farmers4ED), an affiliate of the ruling party Zanu-PF, has affirmed its commitment to remain an influential force in the country's political landscape and to staunchl...Published: 13 Nov 2023 at 05:50hrs | 8 | by Staff reporter
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