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Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2139 | by Staff reporter
Bulawayo City Council forced to revise 2025 budget
Following a heated meeting with business representatives, residents' associations, and other key stakeholders, the Bulawayo City Council (BCC) has been compelled to revise its proposed 2025 budget. Th...Published: 13 Dec 2024 at 09:32hrs | 122 | by Staff reporter
Trump suggests Canada should become the 51st US State
US President-elect Donald Trump has suggested that Canada should become the 51st US state unless it manages to halt the flow of illegal migrants and drugs across its border with the US, Fox News repor...Published: 03 Dec 2024 at 11:05hrs | 1478 | by Staff reporter
Parliament power outage exposed consequences of corruption and mismanagement
Two days ago, Zimbabwe once again found itself in the throes of an international embarrassment, this time at the heart of its legislative hub. During the presentation of the 2025 National Budg...Published: 01 Dec 2024 at 20:56hrs | 1363 | by Tendai Ruben Mbofana
South African commentator downplays Zimbabwe's giant steel plant's capabilities?
'It will just add to surplus capacity in the region, and the only way to safeguard against the commodity trade is to start adding value to the steel product itself' – Charles Dednam, South African I...Published: 01 Dec 2024 at 07:33hrs | 3454 | by Staff reporter
Trump threatens BRICS for trying to move away from the dollar
The BRICS nations will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. Trump has repeatedly threate...Published: 30 Nov 2024 at 21:26hrs | 2565 | by Staff reporter
Dutch firm sssures Bulawayo residents that water will not be privatised
Vitens Evides International (VEI), a Dutch water utility company, has reassured Bulawayo residents that its proposed framework for managing the city's water and sanitation services will not involve pr...Published: 21 Nov 2024 at 13:06hrs | 1815 | by Staff reporter
Security Guards petition Kazembe over poor salaries
The Zimbabwe Security Guards Union (ZISEGU) has called on the Minister of Home Affairs, Kazembe Kazembe, to urgently repeal Statutory Instrument 58/2024, which the union claims contributes to the low ...Published: 21 Nov 2024 at 06:36hrs | 853 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2295 | by Staff reporter
Germans don't have enough paper for new elections
German's Electoral commission boss says carrying out 'printing orders' is a 'great challenge' amid collapse of Olaf Scholz's governmentEarly elections in Germany may not be possible because of...Published: 10 Nov 2024 at 13:22hrs | 482 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 666 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1722 | by Ifeanyi Abraham
Commonwealth chief bids for Zimbabwe readmission despite rights abuses
Zimbabwe could be readmitted to the Commonwealth – despite concern over its human rights record – following support from Baroness Scotland, the organisation's controversial Secretary-General....Published: 03 Nov 2024 at 10:27hrs | 863 | by Staff reporter
Gweru makes it expensive to die
Residents of Gweru are expressing their outrage over the Gweru City Council's (GCC) proposed 2025 budget, which includes significant increases in cemetery fees, some rising by more than 100 percent. T...Published: 25 Oct 2024 at 08:47hrs | 372 | by Staff reporter
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1725 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 195 | by Staff reporter
Zimbabwe's SADC Chairmanship offers new opportunities
Zimbabwe's chairmanship of the Southern African Development Community (SADC) offers a prime opportunity for local businesses to shape the regional economic agenda and benefit from the African Continen...Published: 18 Oct 2024 at 08:38hrs | 127 | by Staff reporter
Starlink rocks Zimbabwe market
The entry of SpaceX's Starlink into the Zimbabwean market is poised to shake up the telecommunications sector, potentially leading to significant changes in service delivery, cost structures, and over...Published: 11 Sep 2024 at 11:59hrs | 2990 | by Staff reporter
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 100 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 115 | by Staff reporter
Hichilema to hike Zambian electricity prices by 156%?
Zambia's energy regulator is considering an application from the state-owned power utility to increase electricity tariffs by as much as 156% as an emergency measure to cover drought-induced losses....Published: 19 Aug 2024 at 10:52hrs | 7942 | by Staff reporter
Zimbabwe anticipating a significant power supply deficit
Zimbabwe is anticipating a significant power supply deficit, projected to reach up to 2,800 megawatts (MW) by the end of 2025, an increase from the current deficit of 500MW. This rise is driven by the...Published: 28 Jun 2024 at 14:54hrs | 5 | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Brian Molefe smeared by Corruption Watch?
The Pretoria High Court on Friday, 07 June 2024, announced the withdrawal of the case brought by the Oppenheimer-funded Corruption Watch against former Eskom CEO Brian Molefe and several high-ranking ...Published: 08 Jun 2024 at 15:00hrs | 36 | by Staff reporter
Residents risk losing properties over unpaid bills
The Bulawayo City Council has warned that thousands of residents may lose their properties if they default on paying their bills.Over 2,000 households have already had their water supplies dis...Published: 21 May 2024 at 08:17hrs | 3 | by Staff reporter
Ministry clarifies nurse training requirements
PROSPECTIVE nurses require five Ordinary Level subjects, including English and Science, and these requirements have not changed since Statutory Instrument of 245 of 2000.There was speculation ...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Potraz to review tariffs
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) is considering adjusting tariffs in the sector to ensure sustainability.Speaking at a recent stakeholders' engagemen...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Potraz mulls US$ indexed tariffs
THE Postal and Regulatory Authority of Zimbabwe (Potraz) is planning to index tariffs to the United States dollar to hedge against losses from exchange rate fluctuations resulting from an unstable loc...Published: 07 Apr 2024 at 10:15hrs | | by Staff reporter
Revised Starlink Policy for Sustainable Growth - A dedication to Eng. Chemist Siziba
Honorable Minister of Information Communication Technology, Postal and Courier Services, all protocols observed, please receive a request from a group of ...Published: 23 Mar 2024 at 07:04hrs | 50 | by Robert Ndlovu
Zimbabwean man wins US$1m loan court challenge
A HARARE man has won a US$1 million Supreme Court loan challenge after a local company that he loaned US$900 000 tried to repay the loan in local currency.The applicant Brian Rodney Baron had ...Published: 19 Mar 2024 at 12:58hrs | 2 | by Staff reporter
Potraz clears air on Starlink
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) yesterday said its doors are open for Starlink to operate in Zimbabwe following an expression of interest by the United Stat...Published: 15 Mar 2024 at 07:10hrs | 1 | by Staff reporter
Zimbabwe govt warned over Starlink dithering
EXPERTS have cautioned the Zimbabwean government against impeding technological advancement as that will be akin to trying to stop the wind or hold something with greased hands.The warning com...Published: 10 Mar 2024 at 06:58hrs | 20 | by Staff reporter
Zimbabwe gold deliveries to Fidelity continue to decline
According to the latest official data, there has been a significant decrease in GOLD deliveries to Fidelity Printers and Refineries (FPR).Statistics from FPR indicate a 22% drop in gold delive...Published: 10 Mar 2024 at 06:28hrs | 2 | by Staff reporter
Starlink has not applied for operating licence in Zimbabwe
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) said internet service provider Starlink has not applied for an operating licence, amid allegations that the government intends t...Published: 26 Feb 2024 at 04:53hrs | 1 | by Staff reporter
Remains of 21 people exhumed in city
Remains of 21 people were exhumed from a housing development project site in Bulawayo's Killarney suburb before they were reburied at the city's Luveve cemetery.This was revealed in the latest...Published: 18 Feb 2024 at 13:54hrs | 1 | by Staff reporter
Bulawayo Thermal Power Station decommissioning to hit jobs
THE Bulawayo Progressive Residents Association ((BPRA) has warned of massive job losses in the country's second largest city as the power utility Zesa moves to decommission the Bulawayo thermal power ...Published: 02 Feb 2024 at 17:20hrs | 5 | by Staff reporter
Zimbabwe farmers appeal for water tariffs review downwards
COMMERCIAL farmers have appealed to the Zimbabwe National Water Authority's (Zinwa) to revise water tariffs downwards saying the latest review from US$10, 76 to US$10 was negligible and therefore hard...Published: 31 Jan 2024 at 04:46hrs | 2 | by Staff reporter
Zimbabwe electricity imports down 57%
ZIMBABWE has started reaping savings from reduced energy imports following improved domestic electricity generation mainly from the upgraded Hwange Thermal Power Station and the rising contribution by...Published: 30 Jan 2024 at 04:22hrs | 18 | by Staff reporter
Econet calls for balanced regulation
ECONET Wireless Zimbabwe has called for balanced regulation in the telecommunications sector, given the rising operational costs driven by inflation and the shift to using the greenback.In a t...Published: 22 Jan 2024 at 10:13hrs | 1 | by Staff reporter
Chrome smelter to establish 300MW power plant
GWERU-BASED chrome smelting company, Jin Yi Enterprises is set to establish a 300MW solar and thermal duel power station to generate power for its operations and channel excess electricity to the nati...Published: 15 Jan 2024 at 05:22hrs | | by Staff reporter
Zimbabwe's internet costs surge
When a sharp hike in Zimbabwe's internet costs drove Joyce Kapvumfuti's small catering enterprise offline for a week, orders for her wedding cakes, business lunches and frosted cupcakes collapsed....Published: 13 Jan 2024 at 06:52hrs | 32 | by Staff reporter
NetOne is now a danger to life and security!
I am one of those who have been faithful subscribers to Zimbabwe's second largest mobile network operator (MNO) NetOne.Over the years, I have become endeared to the state-owned entity, in spit...Published: 02 Jan 2024 at 17:54hrs | 13 | by Tendai Ruben Mbofana
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 | 10 | by Staff reporter
Zimbabwe mobile operators' revenues up by 95%
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) recorded a 95,3% growth in mobile operator revenue to $850,8 billion in the third quarter owing to inflationary gains....Published: 24 Dec 2023 at 16:10hrs | 10 | by Staff reporter
Zimbabwe currency crisis holding back power deals
ENERGY and Power Development minister Edgar Moyo says investments into Zimbabwe's power sector have been affected by high currency induced risks.However, Moyo told businessdigest that currency...Published: 22 Dec 2023 at 18:23hrs | 10 | by Staff reporter
BCC justifies US dollar tariff
THE BULAWAYO City Council (BCC) says its decision to index bills in United States dollars was necessary to ensure quality service delivery.In a speech read on his behalf by deputy chairperson ...Published: 08 Dec 2023 at 05:37hrs | 8 | by Staff reporter
Zimbabwe's open skies policy gets continental recognition
ZIMBABWE's open skies policy has won the country an award from the African Civil Aviation Commission (AFCAC) during the recently held 24th Yamoussoukro Decision Day (YD) anniversary in Abuja, Nigeria....Published: 29 Nov 2023 at 05:03hrs | 17 | by Staff reporter
ZETDC calls for private investment in energy sector
The country's power utility, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC), has implored economic players across all sectors to invest in renewable energy to complement govern...Published: 28 Nov 2023 at 05:15hrs | 1 | by Staff reporter
Zimasco switches off 4 of its 6 furnaces
Ferrochrome producer, Zimasco has switched off four of its six furnaces at the Kwekwe plant owing to several challenges chief among them high power charges.The company is operating with two fu...Published: 27 Nov 2023 at 04:53hrs | 8 | by Staff reporter
ZESA storms MDC's Harvest House
Officials from the Zesa Holdings Loss Control Department stormed Harvest House, the national headquarters of the opposition Movement for Democratic Change (MDC) following reports that some tenants wer...Published: 23 Nov 2023 at 05:36hrs | 2 | by Staff reporter
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