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Zimbabweans will always suffer as long as we rely on politicians for change
Over the past two and a half decades, the country has faced unprecedented economic challenges, from record-breaking hyperinflation and extreme poverty to massive deindustrialization and soaring unempl...Published: 19 Dec 2024 at 12:41hrs | 212 | by Tendai Ruben Mbofana
Minister Raj Modi's liquor outlet closed amid smuggling clampdown
The Zimbabwean government has shut down a liquor outlet owned by Deputy Minister of Industry and Commerce, Raj Modi, in Bulawayo as part of a nationwide operation targeting smuggled goods. The closure...Published: 16 Dec 2024 at 15:20hrs | 2104 | by Staff reporter
Zimbabwe authorities step up crackdown on smuggled goods
The Zimbabwean government has ramped up efforts to combat smuggling and the influx of counterfeit goods as part of a broader strategy to protect domestic industries and enhance their competitiveness....Published: 15 Dec 2024 at 09:11hrs | 415 | by Staff reporter
Minister Mthuli's Anaconda Choke on the Informal Sector Marks the End of Zanu PF Rule
Zimbabwe's Minister of Finance, Mthuli Ncube, has taken drastic measures to clamp down on the informal sector, a move being described as an "anaconda chok...Published: 13 Dec 2024 at 19:15hrs | 1778 | by Kindred Sibanda
Women vendors petition Mafume over wares confiscation
Harare's women vendors, with the support of the Women's Academy for Leadership and Political Excellence (Walpe), have formally petitioned Mayor Jacob Mafume regarding the ongoing confiscation of their...Published: 13 Dec 2024 at 09:34hrs | 77 | by Staff reporter
Fire destroys property at RMS warehouse in Bulawayo
A devastating fire at the Road Motor Services (RMS) warehouse in Bulawayo destroyed property valued at approximately ZWG2 million yesterday morning. The blaze, which broke out at around 7:37 am, was s...Published: 13 Dec 2024 at 09:30hrs | 100 | by Staff reporter
Zimra reminds travellers of mandatory declaration of goods
The Zimbabwe Revenue Authority (ZIMRA) has issued a stern reminder to travellers and cross-border traders that it is mandatory to declare all goods at ports of entry. This includes items purchased abr...Published: 08 Dec 2024 at 10:32hrs | 6109 | by Staff reporter
Travellers stranded as bus services halt in Beitbridge
Hundreds of travellers, including cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday after bus operators suspended services in response to a government-led anti-smuggling...Published: 08 Dec 2024 at 09:51hrs | 321 | by Staff reporter
Major crackdown on smuggling launched
A multi-agency operation targeting small businesses and cross-border transporters involved in smuggling and unethical practices has led to the impounding of dozens of vehicles, including buses and hau...Published: 08 Dec 2024 at 09:49hrs | 145 | by Staff reporter
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1271 | by Staff reporter
Beitbridge route buses withdraw services
Hundreds of travelers, primarily cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday as bus operators withdrew their services, fearing that their buses would be impounded ...Published: 06 Dec 2024 at 06:38hrs | 7516 | by Staff reporter
Zimbabwean migrants lose jobs in SA after raid on spaza shops
Zimbabweans working in South Africa's spaza shops are facing hardship following a series of raids targeting foreign-owned tuckshops after allegations of food poisoning incidents, which have left child...Published: 04 Dec 2024 at 06:51hrs | 345 | by Staff reporter
Mnangagwa breaks ground for 720MW power plant in Hwange
President Emmerson Mnangagwa today led the groundbreaking ceremony for a new 720MW thermal power plant in Hwange District, marking a major milestone for Matabeleland North Province and Zimbabwe's ener...Published: 02 Dec 2024 at 07:19hrs | 1838 | by Staff reporter
Mnangagwa admits his government engulfed by corruption
President Emmerson Mnangagwa has acknowledged the pervasive corruption within his government, issuing a stern warning to officials at all levels of governance, including local authorities, as he commi...Published: 01 Dec 2024 at 12:20hrs | 826 | by Staff reporter
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3483 | by Staff reporter
Zimbabwe's 'pizza budget' proves economy on the verge of collapse
Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. ...Published: 30 Nov 2024 at 19:01hrs | 549 | by Tendai Ruben Mbofana
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2859 | by Staff reporter
Mozambique shoe dealers flood Zimbabwe
In the bustling streets of Marondera's central business district, a 23-year-old Mozambican national, Moses Ferinando, makes his way through the crowd, an array of shoes - mostly sneakers - strapped to...Published: 30 Nov 2024 at 13:04hrs | 2727 | by Staff reporter
Zimbabwe's fuel black market returns
Illegal fuel dealers have re-emerged on the streets of Bulawayo, selling smuggled petrol and diesel in defiance of government regulations mandating ethanol blending. The illicit traders claim their fu...Published: 30 Nov 2024 at 12:57hrs | 6191 | by Staff reporter
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 731 | by Tendai Biti
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 367 | by Staff reporter
Mnangagwa cracks whip
President Emmerson Mnangagwa has issued a stern warning to local authorities involved in corrupt practices, pledging that no perpetrators will be spared as the Government intensifies its fight against...Published: 27 Nov 2024 at 06:43hrs | 445 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 194 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 176 | by Staff reporter
BCC councillors urge stricter enforcement of by-laws against Zanu-PF-linked space barons
Bulawayo city councillors have called for stricter enforcement of by-laws to address the growing chaos caused by illegal vending activities in the central business district (CBD), which they attribute...Published: 23 Nov 2024 at 13:07hrs | 204 | by Staff reporter
Zimbabwe grapples with surge of dangerous fake and illicit alcohol
Zimbabwe is facing a major public health crisis as dangerous and illicit alcohol floods cities like Bulawayo. Among the most notorious is "njengu," a highly potent brew produced in makeshift backyard ...Published: 23 Nov 2024 at 12:53hrs | 205 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 573 | by Staff reporter
Mnangagwa declares Mbare inferno a disaster
President Emmerson Mnangagwa has declared the devastating fire that ravaged the Mbare Traders Market a state of disaster, paving the way for urgent assistance and resources to support thousands of tra...Published: 19 Nov 2024 at 08:56hrs | 1149 | by Staff reporter
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1830 | by Staff reporter
BCC scrap support for NRZ public transport interchange plan
The Bulawayo City Council has rescinded its support for a planned public transport interchange on National Railways of Zimbabwe (NRZ) land, which was intended to alleviate congestion in the central bu...Published: 11 Nov 2024 at 07:05hrs | 434 | by Staff reporter
Power Sales workers fume over salaries
Powersales, a retail clothing chain in Bulawayo, is embroiled in a dispute with its employees after management decided to offset outstanding salaries with sewing machines, leaving workers dissatisfied...Published: 10 Nov 2024 at 10:57hrs | 274 | by Staff reporter
Zanu-PF title deed bait misfires
The ruling ZANU-PF party's election pledge to regularise informal settlements is progressing slowly, with only 11,000 title deeds issued in Harare's Epworth suburb since the start of 2023, according t...Published: 01 Nov 2024 at 06:49hrs | 1088 | by Staff reporter
Mr. Mnangagwa, before talking about colonial reparations, why not pay Gukurahundi reparations first?
In a recent address at State House, Zimbabwean President Emmerson Mnangagwa renewed his call for former colonial powers to pay reparations to their ex-colonies, suggesting that such reparations could ...Published: 31 Oct 2024 at 21:25hrs | 459 | by Tendai Ruben Mbofana
Harare demolishes Mbare structures
The Harare City Council has demolished illegal structures near its Remembrance Offices in Mbare to prepare a site for the relocation of traders affected by last month's devastating fire. The site, onc...Published: 30 Oct 2024 at 07:53hrs | 486 | 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 | 354 | by Staff reporter
'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 | 2205 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 273 | by Tendai Ruben Mbofana
Security guard charged over US$5 million Mbare Musika fire
The fire that ravaged Mbare Musika Retail Market last week, causing property damage worth US$5 million, originated from a small fire negligently lit by a security guard trying to keep warm, a Mba...Published: 19 Oct 2024 at 12:09hrs | 1221 | by Staff reporter
Mbare fire evidence disappears
Investigations into the cause of the devastating fire that engulfed Mbare Musika last week have reportedly stalled as vendors rushed to clean up and reclaim the affected space, NewsDay has learned. Th...Published: 17 Oct 2024 at 13:26hrs | 764 | by Staff reporter
Mnangagwa declares State of Disaster after Mbare market fire
President Emmerson Mnangagwa has declared a State of Disaster following the devastating fire that tore through Mbare Traders Market on October 8, 2024. The fire, which raged for hours before being ext...Published: 15 Oct 2024 at 14:00hrs | 741 | by Staff reporter
Zanu-PF MP blames opposition for loss of livelihoods
Parliament has urged the government to conduct a comprehensive investigation into a spate of fires that have recently devastated informal trading spaces and buildings in Harare. The call for inquiry f...Published: 13 Oct 2024 at 12:33hrs | 270 | by Staff reporter
Doji Candle: Understanding Its Role in Trading
The Doji candle stands out as one of the most intriguing candlestick patterns used by traders, offering a window into the market's state of uncertainty. It frequently appears during moments when buyer...Published: 09 Oct 2024 at 13:17hrs | 366 | by Staff Reporter
Fire breaks out at Mbare Musika market
A massive fire broke out at Mbare Musika market in Harare on Tuesday night, wreaking havoc on the bustling informal trade hub and destroying countless properties and livelihoods. The blaze, which star...Published: 09 Oct 2024 at 07:57hrs | 1672 | by Staff reporter
Zimbabwe gazettes new limit on cash exports
The Government of Zimbabwe has introduced new regulations setting a maximum limit on the amount of cash that individuals can take out of the country without prior approval from the Reserve Bank of Zim...Published: 08 Oct 2024 at 19:43hrs | 2605 | by Staff reporter
FXGT.com Unveils NEW FXGT App and the Web-Based FXGT.com Trader Platform
In an era where technology is reshaping the landscape of online trading, FXGT.com has officially launched two innovative products designed to enhance the trading journey for all users: the FXGT Ap...Published: 05 Oct 2024 at 11:31hrs | 21 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 623 | by Staff reporter
Zimbabwe shops impose limits amid panic-buying?
Some shops across Zimbabwe have imposed "one item per person" rules for products such as milk to fend off panic-buying triggered by a new loss of faith in the country's latest currency.Last we...Published: 02 Oct 2024 at 07:57hrs | 1181 | by Staff reporter
Supermarkets, vendors reject ZiG
In a significant economic shift, supermarkets, vendors, commuter omnibus operators, and tuckshops across Zimbabwe have stopped accepting payments in the local ZiG currency. This decision follows Reser...Published: 01 Oct 2024 at 09:10hrs | 1298 | by Staff reporter
Cracking the code on forex trading: How does it really work?
Engaging in forex trading presents an opportunity for South Africans to participate in the international financial scene and potentially make profits by leveraging currency fluctuations. There is grow...Published: 27 Sep 2024 at 23:12hrs | 533 | by Staff Reporter
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
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