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Concerns mount over devolution fund shortfalls in Zimbabwe
The government's failure to meet the five percent constitutional threshold for devolution funding since 2019 has sparked widespread criticism. From its inception to 2023, the Inter-Governmental Funds ...Published: 17 Dec 2024 at 15:00hrs | 387 | by Staff reporter
Kariba's usable storage drops to 2.89%
The water level at Kariba Lake has continued to show a general decline, with only minor fluctuations driven by rainfall in the lake and its immediate catchment area. As of December 11, 2024, the lake'...Published: 16 Dec 2024 at 13:09hrs | 2036 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 81 | by Staff reporter
Zimra wants Zimbabwe churches to 'Give to Caesar what belongs to Caesar'
The Zimbabwe Revenue Authority (ZIMRA) has announced plans to hold a stakeholder engagement with churches to discuss tax compliance across various applicable categories, aiming to enhance transparency...Published: 12 Dec 2024 at 14:59hrs | 1082 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
Zimbabwe banking sector strengthens amid declining non-performing loans
The Reserve Bank of Zimbabwe (RBZ) has reported a significant improvement in the country's banking sector credit risk landscape, marked by a decrease in the ratio of non-performing loans (NPLs) to tot...Published: 24 Nov 2024 at 09:55hrs | 76 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 583 | by Tendai Ruben Mbofana
Mnangagwa congratulates incoming Botswana leader
President Emmerson Mnangagwa, who also serves as the Southern African Development Community (SADC) Chairperson, yesterday congratulated Botswana's President-elect, Mr. Duma Boko, following his victory...Published: 02 Nov 2024 at 08:36hrs | 306 | by Staff reporter
Zifa votes for O' levels
In a significant move to enhance the leadership standards of the Zimbabwe Football Association (ZIFA), 48 councillors voted in favor of amending the ZIFA constitution during the Annual General Meeting...Published: 18 Oct 2024 at 19:16hrs | 912 | by Staff reporter
Zimbabwe govt keeps civil servants' salaries at 12% of GDP
The Zimbabwean government has announced that it will maintain civil servants' salaries at 12% of the gross domestic product (GDP), using GDP growth as the benchmark for future salary improvements. Thi...Published: 18 Oct 2024 at 08:52hrs | 2653 | 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 | 5665 | by Staff reporter
Iran joins the Nuclear boys club?
Recent reports are swirling with speculation that Iran may have conducted an underground nuclear test on October 5, sparking global intrigue and concern. Although there has been no official confirmati...Published: 07 Oct 2024 at 16:48hrs | 3606 | by Staff reporter
John Hlophe quits captured JSC
UMkhonto weSizwe (MK) Party member of Parliament John Hlophe has resigned from the Judicial Service Commission (JSC).Hlophe's decision comes as the Western Cape High Court barred him from part...Published: 07 Oct 2024 at 16:29hrs | 1214 | by Staff reporter
Starving Zimbabweans to feed on overpopulating elephants
In the wake of chronic food shortages and starvation necessitated by El Nino induced drought countrywide, several communities in Zimbabwe are set to benef...Published: 13 Sep 2024 at 07:09hrs | 572 | by Gideon Madzikatidze
Bulawayo water situation deteriorates
The Bulawayo City Council (BCC) has scheduled a public meeting to provide an update on the city's water situation. The meeting will take place at the Large City Hall on Wednesday, 28 August 2024, at 1...Published: 28 Aug 2024 at 15:56hrs | 862 | by Staff reporter
Zesco warns of potential Kariba Power Station shutdown
ZESCO has warned of a critical power supply shortage as water levels approach the minimum operating threshold, with the Kariba North Bank Power Station at risk of shutdown by 14 September 2024. The co...Published: 28 Aug 2024 at 10:51hrs | 333 | by Staff reporter
Bulawayo tightens water rationing as supplies dwindle
The Bulawayo City Council (BCC) has urged residents to conserve water as dam levels have dropped to 33%, far below the 54% recorded last year. If water conservation measures aren't followed, water sup...Published: 14 Aug 2024 at 08:34hrs | 209 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 2 | by @Jamwanda2 on Saturday
Mnangagwa accuser applies for discharge
Sybeth Musengezi, a ZANU-PF member who contested President Emmerson Mnangagwa's rise to power following the 2017 coup, has filed for discharge at the conclusion of the State's case against him. ...Published: 21 Jun 2024 at 11:23hrs | 39 | by Staff reporter
ANC becomes first liberation movement to hand power back to white minority
On the eve of Cyril Ramaphosa's inauguration as South Africa's president for an uncertain second term he's unlikely to complete; a term certain to be remembered as the lowest moment for the ANC since ...Published: 19 Jun 2024 at 08:27hrs | 3 | by Jonathan Moyo
'Ideologically bankrupt' Ramaphosa's ANC in a governance tailspin
To suggest that the 2024 electoral outcome has fundamentally altered how parties relate to one another post-election would be an understatement.Never has the party with a majority of votes fou...Published: 10 Jun 2024 at 13:56hrs | 4 | by Sipho Seepe
Zuma first day Parliament boycott will force a new election
The South African National Assembly cannot form a quorum if Jacob Zuma's uMkhonto weSizwe chooses to boycott the first day of Parliament.Many so-called legal experts like Casac's Lawson Naidoo...Published: 09 Jun 2024 at 13:11hrs | 4 | by Staff reporter
Zanu-PF confident of successful SA coalition deal
ZANU-PF is optimistic that coalition talks to form the next South African Government will be successful and beneficial for the majority. Despite winning the highest number of votes at 40.18 pe...Published: 06 Jun 2024 at 07:49hrs | 1 | by Staff reporter
ANC - DA coalition spits on veterans graves
ANC heavyweight and National Executive Committee (NEC) member Lindiwe Sisulu has slammed talks of an ANC-DA coalition, saying such a coalition would be spitting on the graves of fallen Struggle heroes...Published: 05 Jun 2024 at 07:33hrs | | by Staff reporter
Recalls immersed in Zanu-PF dark world of power
ACADEMIC and researcher Dr Phillan Zamchiya says recalls of CCC legislators by self-imposed secretary-general Sengezo Tshabangu which resulted in Zanu-PF attaining a two-thirds majority in the Nationa...Published: 19 May 2024 at 11:50hrs | 1 | by Staff reporter
Zimbabwe's Justice Minister part of drug cartels
In a clear sign for miscarriage of justice and security institutions porosity, Minister of Justice, Legal and Parliamentary Affairs, Ziyambi Ziyambi has been fingered by one of his close associates, L...Published: 17 May 2024 at 11:42hrs | 50 | by Gideon Madzikatidze
French company wants to buy South Africa's MultiChoice for US$1.9 billion
French media group Vivendi's, opens new tab Canal+ made an all-cash mandatory offer on Monday to buy all the shares of South African broadcaster MultiChoice, opens new tab it does not already own for ...Published: 08 Apr 2024 at 11:01hrs | 1 | by Staff reporter
Zimbabwe to keep Zimdollar
Zimbabwe plans to keep its local dollar, a currency that has lost value every single trading day of the year, even as fiscal and monetary authorities work on new plans to revamp the currency, accordin...Published: 26 Mar 2024 at 06:37hrs | 1 | by Staff reporter
UK Indian PM bans healthcare workers from entering with dependents
Care workers entering the UK on Health and Care Worker visas can no longer bring dependants, the UK Home Office announced Monday on X.It said the move is part of a broad plan to drive huge cut...Published: 11 Mar 2024 at 16:38hrs | 8 | 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
Kariba Dam runs dry?
Zimbabwe and Zambia - already struggling with food shortages - are now reeling from low power generation at the Kariba power station due to the same underlying cause: El Niño.The climate syst...Published: 08 Mar 2024 at 05:14hrs | 6 | by Staff reporter
NSSA hunts for new CEO
THE National Social Security Authority (Nssa) has started the process of hunting for a new general manager to replace Arthur Manase, who resigned in September last year while on suspension.Man...Published: 03 Mar 2024 at 16:43hrs | | by Staff reporter
Mthuli Ncube issues chilling warning over sugar tax-linked price hikes
Finance Minister Mthuli Ncube has issued a firm warning to traders engaging in unjustified price hikes on sugary beverages, arguing that the officially gazetted tax thresholds do not warrant such exce...Published: 28 Feb 2024 at 06:31hrs | 5 | by Staff reporter
Zimbabwe suffers US$6,8 billion trade gap
ZIMBABWE has operated in negative trade deficit of US$6,8 billion for the last four years, a trend which is unsustainable in the long run according to Buy Zimbabwe, a campaign outfit that advoca...Published: 25 Feb 2024 at 07:21hrs | 3 | by Staff reporter
No property worth US$250 000 in Bulawayo
THE Bulawayo City Council (BCC) has declared that there is no single property within the city that meets the threshold for the recently introduced wealth tax, at least according to their records....Published: 25 Feb 2024 at 07:17hrs | | by Staff reporter
Sprouting Gweru suburbs are cholera hotspots
SPROUTING residential suburbs in Gweru have become cholera hotspots as the areas lack proper water and sanitation facilities, a senior council official has said.In his address at an ordinary c...Published: 09 Feb 2024 at 18:46hrs | | by Staff reporter
Zanu-PF has not achieved a 2/3 majority in Parliament
As was universally predicted, the Saturday, 3rd February 2024, by-elections saw Zanu-PF Parliamentary and Local Authority Candidates walloping Tshabangu's CCC Candidates, together with candidates secr...Published: 07 Feb 2024 at 19:16hrs | 15 | by ZanuPF Treasurer General - Patrick A Chinamasa
Zanu-PF MPs praises ZEC praise for holding 'free and fair' elections
Zanu-PF MPs Tuesday reduced parliament into a chorus of superfluous praise on the Zimbabwe Electoral Commission (ZEC) for conducting what they claim were free and fair elections, condemned as a fraud ...Published: 07 Feb 2024 at 18:33hrs | | by Staff reporter
How is the world combating rising energy prices?
Every country is approaching higher than typical energy prices we’re all facing right now in different ways. Rather than compare one country with another and create a piece that can be out of date t...Published: 07 Feb 2024 at 12:42hrs | 16 | 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
Chamisa, Biti a team of irreconcilable rivals
Zimbabwe's main opposition party, the Movement for Democratic Change (MDC-T) led by Morgan Richard Tsvangirai, launched its campaign for the 31 July 2013 harmonised elections in Marondera, a small tow...Published: 29 Jan 2024 at 08:57hrs | 8 | by Dr Phillan Zamchiya
Teacher exodus threatens the future of Zimbabwe's education system
KUDZAI Chideme, 42, stepped into the teaching profession after completing her diploma in marketing and failing to secure a job in the private sector. It was 2008. At the time, finding work in public e...Published: 25 Jan 2024 at 04:17hrs | | by Staff reporter
Western modernization was fraught with sanguineous crimes
The path to modernization a country chooses is determined by its historical traditions, social systems, developmental conditions, and external environment, among other factors. As countries differ in ...Published: 21 Jan 2024 at 15:48hrs | 2 | by Xi Jinping
Zimdollar exchange rate bolts
MARKET watchers have predicted a gloomy 2024 outlook amid a galloping exchange rate, steep taxation and an ever tanking economy, NewsDay reported.As usual, this is heavily impacting on ordinar...Published: 08 Jan 2024 at 05:36hrs | 11 | by Staff reporter
Zimra tightens screws on businesses
GOVERNMENT and the business sector are headed for a showdown after the Zimbabwe Revenue Authority (Zimra) yesterday announced a raft of tough measures limiting the formal traders' access to commoditie...Published: 04 Jan 2024 at 05:59hrs | 11 | 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 | 10 | by Staff reporter
Probity warrants reinstatement of unduly recalled MPs
GOOD day, President Emmerson Mnangagwa. Your Excellency, throughout history, true greatness of presidents has always been measured by the probity with which they stand up for the common good during tr...Published: 27 Dec 2023 at 07:28hrs | 12 | by Cyprian M Ndawana
CCC MPs sold out
THE Citizens Coalition for Change (CCC) on Thursday had a bloodrush to the head. They caused a mini commotion in the National Assembly and took with them down the people of Zimbabwe when they received...Published: 17 Dec 2023 at 18:09hrs | 1 | by Paidamoyo Muzulu
Mthuli Ncube forced to revise passport fees
Finance minister Mthuli Ncube steered through his 2024 national budget in a marathon sitting of parliament which concluded just before 1AM on Friday, making several revisions to his tax proposals....Published: 15 Dec 2023 at 15:47hrs | 5 | by Staff reporter
Tears of Zimbabwean single mothers in the UK
SOME Zimbabwean single mothers based in the United Kingdom (UK), struggling to secure visas for their children to join them abroad, were dealt a severe blow following the introduction of tough immigra...Published: 13 Dec 2023 at 05:15hrs | 1 | by Staff reporter
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