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Zimbabwe's Growing Casino Industry: Opportunities and Challenges
On the global economic landscape, all eyes are steadily shifting over to Africa. Countries on this continent are taking strides in growing. Double-digit growth rates are impossible for the rest of the...Published: 20 hrs ago | 123 | by Mila Roy
How worried should we be about income inequality?
How worried should we be about Income Inequality actually? We worry plenty about its opposite. Forced economic equality is socialism. It is unZimbabwean to be for socialism. But Zimbabwe's strength is...Published: 29 May 2023 at 23:14hrs | 132 | by Kumbirai Thierry Nhamo
Mthuli's theatrics expose government lack of seriousness in addressing Zim economic crisis!
So, finance minister Mthuli Ncube, over the weekend, went around shops in Bulawayo, like a crazed vigilante, tearing down tags displaying prices strictly in US dollars!He even berated a haples...Published: 29 May 2023 at 23:02hrs | 530 | by Tendai Ruben Mbofana
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 | 248 | 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 | 235 | by Tendai Ruben Mbofana
Ziyambi stutters as Mliswa demands answers
JUSTICE Minister had to request Parliament for more time to 'investigate and document' how Zimbabwe's vast array of minerals were benefiting ordinary citizens after Independent Norton legislator Temba...Published: 28 May 2023 at 08:12hrs | 5902 | by Staff reporter
Panic grips Zimbabweans in SA
Two civil society organisations have made a last minute request to the South African government to extend the Zimbabwean Exemption Permits (Zep), which are due to expire on June 30.South Afric...Published: 28 May 2023 at 08:10hrs | 2626 | by Staff reporter
4 rogue firms' accounts frozen
BANK accounts belonging to four major basic commodity distributors have been frozen for suspected economic sabotage, while unscrupulous manufacturers and pharmaceutical companies also face the same co...Published: 28 May 2023 at 07:59hrs | 84 | by Staff reporter
Are Zimbabwe retailers dumping goods on the streets?
Vendors in the country's major cities and towns have literally invaded all strategic points, including verandas of big retail shops, selling a variety of goods including basic commodities in foreign c...Published: 23 May 2023 at 06:41hrs | 631 | by Staff reporter
Mthuli Ncube scrambles to rescue Zimdollar
FINANCE minister Mthuli Ncube has removed duty on all basic commodities to combat the rampant price increases in a slew of desperate measures to save the collapsing Zimbabwe dollar.Over the pa...Published: 12 May 2023 at 06:06hrs | 1009 | by Staff reporter
Zimbabwe govt lifts import restrictions on basics
GOVERNMENT has lifted all restrictions on the importation of basic commodities to boost market supplies and granted 100 percent retention of domestic foreign currency earnings, with a further fine-tun...Published: 12 May 2023 at 06:00hrs | 384 | by Staff reporter
Mnangagwa's govt 'legalises' graft in new law
PRESIDENT Emmerson Mnangagwa has come under attack from anti-graft crusaders after signing a new law which critics say could lead to theft of public funds and lack of accountability.Government...Published: 10 May 2023 at 06:01hrs | 708 | by Staff reporter
SA officials intercept truck smuggling cigarettes worth R20m
Law enforcement authorities have detained a truck that was ferrying illicit cigarettes worth some R20 million on Monday, after it was stopped in Bronkhorstspruit and the driver fled the scene....Published: 02 May 2023 at 22:14hrs | 561 | by Staff reporter
Lithium investor begins US$22m power line project
LITHIUM giant Bikita Sinomine has started work on the US$22 million (132KVA) power line stretching from Tokwe to Bikita in Masvingo Province.The 120km power line is meant to provide power to t...Published: 01 May 2023 at 08:09hrs | 529 | by Staff reporter
Mr. President, independence doesn't mean freedom to destroy one's country!
I recall a story I was told by my parents when I was still a little child. There was a ruling ZANU PF meeting at our local sporting facility, named 'Zisco Club', in the early 1980s – which a...Published: 19 Apr 2023 at 22:51hrs | 516 | by Tendai Ruben Mbofana
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 611 | by Staff reporter
US Dollars replaces Zimbabwe's currency for second time
The greenback has replaced the Zimbabwean dollar as the most-used currency in the southern African nation for a second time, almost four years after the re-introduction of the local unit.US do...Published: 07 Apr 2023 at 10:20hrs | 1530 | by Staff reporter
Petrol, diesel US$ prices drop slightly
THE Zimbabwe Energy Regulatory Authority (Zera) yesterday reduced the United States dollar prices of petrol and diesel by one and three cents, respectively.In a statement, Zera said petrol wil...Published: 07 Apr 2023 at 09:15hrs | 197 | by Staff reporter
What draws the gold mafia to Dubai?
An Al Jazeera investigation shows how criminals use the city's pro-business policies to smuggle gold, clean dirty cash.https://www.youtube.com/watch?v=...Published: 06 Apr 2023 at 20:23hrs | 1586 | by Al Jazeera Investigative Unit
Why blame Chamisa for every wrong in Zimbabwe?
EVENTS of past few weeks have shown that in Zimbabwe we have the unfortunate culture of holding the weak to account, while shying away from confronting the powerful.It starts with the arrest a...Published: 06 Apr 2023 at 06:45hrs | 926 | by Blessed Mhlanga
Zimbabwe's new mines law a welcome game changer, but.....
AFTER years of debates and uncertainty, government finally gazetted the Mines and Minerals Bill in February 2023 to ostensibly replace the current Mines and Minerals Act [Chapter 21:05]. The current A...Published: 04 Apr 2023 at 06:31hrs | 277 | by James Tsabora
Gold Mafia: Zimbabwe government should rethink its policies!
The Exposé, a documentary by Al Jazeera International, of what it calls the Zimbabwe Gold Mafia does not come as a surprise to journalists in Zimbabwe.The looting of Zimbabwe's sovereign mine...Published: 02 Apr 2023 at 11:04hrs | 268 | by Kenneth Mufuka
Zimbabwe gold smugglers use South African banks, bribes to launder money
Several key officials at three major South African banks are helping a gold smuggling gang launder millions of dollars of dirty cash in exchange for regular bribes, an Al Jazeera investigation has fou...Published: 01 Apr 2023 at 17:56hrs | 1397 | by Staff reporter
Who are Zimbabwe's Gold Mafia?
They operate from the shadows. Al Jazeera's latest investigation, The Gold Mafia, brings their crimes out into the open. Last week, Part 1 of ‘Who are the Gold Mafia?‘ dove into the lives of some ...Published: 31 Mar 2023 at 07:40hrs | 543 | by Staff reporter
Caledonia ramps up gold production
GROSS revenues at Victoria Falls Stock Exchange-listed Caledonia Mining Corporation grew by 17,4% to US$142 million last year compared to the same period in 2021, on the strength of increased gold out...Published: 30 Mar 2023 at 06:36hrs | 106 | by Staff reporter
Zimbabwe telcos in another staggered price review
ZIMBABWE'S main telecommunication companies are set for another price adjustment on April 1, 2023, as operator battle to offset rising operational costs.The telecoms industry will review tarif...Published: 21 Mar 2023 at 20:24hrs | 792 | by Staff reporter
SMALL scale miners seeks audience with President on export ban
SMALL scale miners, bit hard by the new base metals export blanket ban announced recently, are seeking a six-month moratorium to fulfill existing supply a...Published: 19 Mar 2023 at 20:16hrs | 368 | by Paul Ndou
Power outages hit PPC cement sales
REGIONAL cement maker PPC expects sales volumes at its Zimbabwean unit will drop by 14% in the full year compared to the same period last year due to recurrent power outages and grey imports.P...Published: 17 Mar 2023 at 07:28hrs | 179 | by Staff reporter
The curse of being a security guard in Zimbabwe
Being a security guard in Zimbabwe is a curse, the job is too demanding, with some of the most hostile working conditions one can ever think of. Working a 12-hour shift, 4 days a week in a retail shop...Published: 14 Mar 2023 at 16:47hrs | 721 | by Cremio Mabauwa
The mountain is high
Back in 1926, America witnessed the clash of two African-African American giants — then they were called Negroes — over the notion of Negro Art.Was Negro Art a separate creative tradition ...Published: 11 Mar 2023 at 06:35hrs | 250 | by @Jamwanda2
Zimbabwe councils not disclosing all revenue streams
GOVERNMENT has unearthed a lot of irregularities in the running of local authorities, amid revelations that councils are not disclosing all of their revenue streams while their operations fail to comp...Published: 08 Mar 2023 at 05:30hrs | 176 | by Staff reporter
'Zimbabweans in the diaspora must be allowed to vote'
ZAPU has argued that the diaspora vote is a necessary political right because it is another way of appreciating Zimbabweans living abroad who send remittances back to the country.Ndodana Moyo,...Published: 07 Mar 2023 at 19:23hrs | 334 | by Staff reporter
How Zimbabwe's fuel price now compares to other African countries
Zimbabwe's fuel price is painfully high and unlikely to drop significantly anytime soon.The average price of gasoline around the world is 1.30 U.S. dollars per litre. However, there is a subst...Published: 28 Feb 2023 at 09:36hrs | 2642 | by Staff reporter
Edgars branch forced to relocation by vendors
GIANT retail clothing company, Edgars Stores Limited, has closed one of its prominent branches in Bulawayo citing the need to secure an alternative location that suits its brand expectation amid press...Published: 28 Feb 2023 at 07:38hrs | 3401 | by Staff reporter
Zimra happy with block tax system
THE Zimbabwe Revenue Authority (Zimra) says it is satisfied with the preliminary results of the Block Management System (BMS) that classifies all taxpayers into specific geographical locations or zone...Published: 28 Feb 2023 at 07:36hrs | 141 | by Staff reporter
Open Letter: Mine loses millions worthy of diamonds as workers engage in illicit diamond panning
Dear, Some "lucky" Murowa Diamonds Mine workers have become rich overnight after a well-orchestrated and carefully executed diamond stealing process went on undetected for months leaving some ...Published: 26 Feb 2023 at 11:04hrs | 2030 | by Concerned Murowa Resident
Fresh moves to promote use of Zimdollars
GOVERNMENT will enhance tax collections in local currency and maintain interest rates at par with inflation to promote the use of the Zimbabwe dollar in local transactions, Treasury has said.A...Published: 12 Feb 2023 at 07:35hrs | 386 | by Staff reporter
11 Zimbabwean men, 10-car cigarette smuggling convoy intercepted in SA
South African police have intensified their crackdown on the smuggling of cigarettes from Zimbabwe via Beitbridge and illegal crossing points along the Limpopo River, seizing five vehicles and cigaret...Published: 12 Feb 2023 at 07:22hrs | 148 | by Staff reporter
Zimbabwe records US$328mln in FDI
ZIMBABWE recorded USS327,9 million in foreign direct investment last year, an increase from USS237,5 million recorded in 2021. Despite the strong growth, analysts say the investment inflows re...Published: 12 Feb 2023 at 07:20hrs | 97 | by Staff reporter
Namibian Government bans driving of second-hand in transit vehicles
THE Namibian Government has banned driving of second-hand in transit vehicles through that country and such vehicles will now only be transported on a car carrier trailer.The ban comes into ef...Published: 09 Feb 2023 at 20:52hrs | 966 | by Staff reporter
Lukashenko joins Zimbabwe lithium rush
BELARUSIAN President Alexander Lukashenko this week travelled 7 982 kilometres, the distance by air from his capital Minsk to Harare, in his first sub-Saharan visit to meet President Emmerson Mnangagw...Published: 04 Feb 2023 at 20:17hrs | 1384 | by Staff reporter
Mnangagwa associate biggest winner in Zimbabwe-Belarus deals
ZIMBABWE'S honorary consul to Belarus Alexander Zingman, a close associate to President Emmerson Mnangagwa and his counterpart Alexander Lukashenko, was the biggest winner in trade agreements signed t...Published: 04 Feb 2023 at 20:13hrs | 1169 | by Staff reporter
Zimra records forex revenue upsurge
ZIMBABWE'S tax agency says United States dollar income and corporate taxes recorded strong growth during the quarter ending 31 December 2022 compared to prior comparative period as companies paid sala...Published: 04 Feb 2023 at 20:11hrs | 217 | by Staff reporter
President Alexander Lukashenko warns Mnangagwa
VISITING Belarus President Alexander Lukashenko told his ally President Emmerson Mnangagwa to work extremely hard to win this year's elections which he said will not be a stroll in the park for the Za...Published: 01 Feb 2023 at 07:47hrs | 1168 | by Staff reporter
Woman kidnapped, drugged and robbed by Honda Fit crew
A 36-YEAR-OLD woman from Emganwini suburb was kidnapped, drugged and later dumped in a bush on Sunday after boarding a silver Honda fit bound for the city centre.She got onto the vehicle at ar...Published: 01 Feb 2023 at 07:41hrs | 330 | by Staff reporter
Reflecting on the export ban for raw lithium
Through Statutory Instrument 213 of 2022 (Referend to as Base Minerals Export Control for unbeneficiated Lithium Bearing Ores), Zimbabwe banned the export of raw lithium from the country. The regulati...Published: 31 Jan 2023 at 09:12hrs | 1443 | by Victor Bhoroma
ZERA Raises Fuel Prices
Zimbabwe Energy Regulatory Authority (ZERA) has raised fuel prices in its latest review, which is effective January 26, 2023.In a statement seen by Bulawayo24.com, the regulator said petrol wo...Published: 27 Jan 2023 at 10:36hrs | 1906 | by Tarisai Mudahondo
RBZ takes charge of in-kind mining royalties
THE Reserve Bank of Zimbabwe (RBZ) will assume responsibility for collecting, holding, and managing reserve assets from the 50 percent in-kind mining royalties in line with the latest regulations whil...Published: 26 Jan 2023 at 07:32hrs | 90 | by Staff reporter
Next, university graduates will be 'hailing' Mnangagwa for capping them!
It is now a well-established fact that the state-controlled broadcaster, ZBC - as well as the rest of the state media in Zimbabwe - is an embarrassment not only to the journalism profession, but also ...Published: 17 Jan 2023 at 19:15hrs | 981 | by Tendai Ruben Mbofana
Zimbabwe looks to public to provide solar power amid energy crisis
BULAWAYO: As lingering droughts hit southern Africa's hydropower dams, Zimbabwe faces growing electricity shortages – but connecting individuals and businesses that have installed private solar pane...Published: 13 Jan 2023 at 05:51hrs | 687 | by Staff reporter
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