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Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 3 hrs ago | 114 | by Staff reporter
EcoCash apologizes for recent service disruptions
EcoCash, Zimbabwe's leading mobile money platform, has addressed recent technical challenges that disrupted services, leaving many users unable to transact smoothly.In a statement, EcoCash ack...Published: 22 hrs ago | 703 | by Staff reporter
Zimbabwean Nationals are a target of international cyber criminals
As more and more Zimbabweans embrace the digital economy, the rise of cybercrime has become a significant concern for its citizens. With increasing internet penetration, more individuals are engaging ...Published: 20 Dec 2024 at 12:19hrs | 283 | by Jacob Kudzayi Mutisi
Mukuru expanding into deposit-taking microfinance institution
Zimbabwe's rapidly growing remittance sector has prompted several money transfer platforms to diversify their services, with Mukuru Financial Services Zimbabwe Limited becoming the latest to be licens...Published: 19 Dec 2024 at 16:56hrs | 475 | by Staff reporter
1Win App Review for Players in Uganda
You can easily download the 1Win app from the company's official website to your Android or iOS device. The app has low technical requirements, so almost anyone in Uganda will be able to use it. It is...Published: 19 Dec 2024 at 12:55hrs | 74 | by Staff Reporter
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
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 320 | by Agencies
Zimbabwe cops caught with bribe money at Chinese tile manufacturer
Two Norton-based police officers have been arrested for extortion after attempting to escape arrest moments after accepting a US$5,000 bribe from the Chinese-owned Sunny Yifeng Tiles Zimbabwe Company....Published: 17 Dec 2024 at 08:20hrs | 1529 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 354 | by Constantine Chikosi
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
Zimbabwean man arrested for falsely reporting robbery
The Zimbabwe Republic Police (ZRP) has confirmed the arrest of Khumbulani Sibanda (39), who was detained for filing a false robbery report in Mutoko. Sibanda had claimed that he was robbed of USD 287,...Published: 14 Dec 2024 at 11:37hrs | 334 | by Staff reporter
NetOne rewards customers with 'Trolley Dash' Holiday Campaign
In a festive move to celebrate the holiday season, OneMoney, a NetOne product, has again unveiled its yearly exciting promotion called "Trolley Dash" that aims to reward customers for their digital tr...Published: 14 Dec 2024 at 10:14hrs | 247 | by Simbarashe Sithole
'Counterfeits, financial instability imperil manufacturing sector'
Zimbabwean consumers are grappling with increasing difficulties, including the proliferation of counterfeit goods and financial instability, as the country's manufacturing sector struggles to grow. Pa...Published: 13 Dec 2024 at 09:39hrs | 46 | by Staff reporter
Man in court over alleged US$9,000 housing fraud
A Bulawayo man, Isiah Ncube, appeared before the Bulawayo regional magistrate, Mrs. Dambudzo Malunga, yesterday facing charges of defrauding a 50-year-old woman of over US$9,000 in a botched housing d...Published: 13 Dec 2024 at 06:49hrs | 420 | by Staff reporter
Secret perks for council bigwigs
Top officials at Harare City Council have been accused of covering up excessive salaries and benefits amid allegations of gross financial irregularities and poor service delivery. The accusations were...Published: 13 Dec 2024 at 06:44hrs | 892 | by Staff reporter
NatFoods bemoans limited ZWG acceptability
Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the...Published: 10 Dec 2024 at 07:09hrs | 719 | by Staff reporter
Zanu-PF urged to show loyalty to Mnangagwa
ZANU-PF Mashonaland East provincial chairman, Daniel Garwe, has urged party members to demonstrate unwavering loyalty to President Emmerson Mnangagwa, respect party leadership, and avoid actions that ...Published: 10 Dec 2024 at 06:39hrs | 151 | by Staff reporter
4 banks quit in South Africa in 2024
BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announc...Published: 09 Dec 2024 at 15:19hrs | 777 | by Staff reporter
'Mutapa Fund will become Zimbabwe's economic bedrock'
Finance, Economic Development, and Investment Promotion Minister, Mthuli Ncube, has expressed strong confidence in the future of the Mutapa Investment Fund (MIF), highlighting its potential as a key d...Published: 09 Dec 2024 at 07:03hrs | 668 | by Staff reporter
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 651 | by Staff reporter
Parliament flags Gweru, Hwange councils' finances
Parliament's Public Accounts Committee (PAC) has raised serious concerns regarding financial management in the Hwange and Gweru municipalities, highlighting significant delays in submitting financial ...Published: 08 Dec 2024 at 10:15hrs | 291 | by Staff reporter
Bulawayo raises over US$21 million for Glassblock dam construction
Bulawayo City Council has successfully raised over US$21 million toward the construction of the Glassblock Bopoma Dam, a critical infrastructure project aimed at addressing the city's water crisis and...Published: 08 Dec 2024 at 10:09hrs | 2636 | by Staff reporter
Zimbabwe fuel retailers urged to renew licences
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a reminder to businesses selling fuel and liquid petroleum gas to ensure their licences are renewed on time, emphasizing that those with lice...Published: 06 Dec 2024 at 06:29hrs | 151 | by Staff reporter
'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1726 | by Staff reporter
Econet in shares battle with former workers
The High Court has issued a default judgment ordering Econet Wireless (Pvt) Ltd to release the relevant documents related to the transfer of over two million shares promised to eight former employees ...Published: 04 Dec 2024 at 08:07hrs | 3514 | by Staff reporter
New arrest in case of newborn baby sold for US$180
A further arrest has been made in connection with the shocking case where a newborn baby was sold for US$180. Jestina Mashamba (45), a midwife at Sally Mugabe Maternity Hospital, appeared before Harar...Published: 04 Dec 2024 at 06:56hrs | 636 | by Staff reporter
City of Harare 'employee' up for US$92,000 fraud
A 47-year-old man, James Bleya, appeared before Harare Magistrate Appollonia Marutya on fraud charges after allegedly defrauding a local company director of US$92,000 in a bogus land transaction....Published: 04 Dec 2024 at 06:50hrs | 234 | by Staff reporter
Multi-million-dollar scandal rocks Victoria Falls council
The Zimbabwe Anti-Corruption Commission (ZACC) has uncovered a massive corruption scandal involving high-ranking officials at Victoria Falls City Council, including Mayor Tuso Moyo and Town Clerk Ronn...Published: 04 Dec 2024 at 06:49hrs | 900 | by Staff reporter
Ecobank reopens Parkade branch after $4 million heist
Ecobank Zimbabwe has reopened its Parkade branch in Bulawayo's Central Business District (CBD) after a two-month closure following a shocking armed robbery. The October 3 heist, described as Zimbabwe'...Published: 04 Dec 2024 at 06:40hrs | 156 | by Staff reporter
Baby-selling trio denied bail
A 47-year-old woman from Murehwa accused of helping her 16-year-old daughter sell her new-born baby for US$180 has been denied bail by Harare regional magistrate Marehwanazvo Gofa.The woman, h...Published: 04 Dec 2024 at 06:38hrs | 78 | by Staff reporter
Councillors acquitted in residential stands allocation case
Seven members of the Harare City Council's Finance and Development Committee accused of illegally allocating themselves residential stands have been acquitted by Harare regional magistrate Donald Ndir...Published: 04 Dec 2024 at 06:36hrs | 80 | by Staff reporter
Parly report flags financial abuse at local authorities
A recent report by a Parliamentary Portfolio Committee has raised concern over financial mismanagement at local authorities saying this has undermined accountability at councils.The report, ta...Published: 03 Dec 2024 at 08:57hrs | 107 | by Staff reporter
Jail in America is for commoners
Just remember that jail in America is for commoners, not for the rich and politically connected. You can do drugs, traffic women, evade taxes, buy and toss away guns and your father will spare you jai...Published: 02 Dec 2024 at 10:00hrs | 522 | by Staff reporter
Police smash armed robbery syndicate in Bulawayo
In a significant breakthrough, Zimbabwean police have dismantled a seven-member armed robbery syndicate that had been terrorizing residents of Bulawayo. The arrests come amid heightened efforts to cur...Published: 02 Dec 2024 at 07:18hrs | 829 | by Staff reporter
Zimbabwe govt halts Harare demolitions, demands 4 months' notice
The Zimbabwean government has barred the Harare City Council from demolishing houses without providing a minimum notice period of four months, ensuring affected property owners have time to reconstruc...Published: 02 Dec 2024 at 07:16hrs | 1327 | 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 | 3484 | by Staff reporter
Zanu-PF is the big monster
AS recent as last week, Elon Musk's fortune had swelled to a stupendous and eye-watering US$348 billion, making him probably the richest man on the planet.It is just obscene that one person's ...Published: 01 Dec 2024 at 08:25hrs | 299 | by Bishop Lazarus
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
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6194 | by Staff reporter
Phala Phala: Ramaphosa, the missing millions, and the phantom buffalo deal
As the Constitutional Court mulls its judgment in the Economic Freedom Fighters' (EFF) legal challenge this week against Parliament's decision to dismiss an impeachment inquiry into President Cyril Ra...Published: 29 Nov 2024 at 07:43hrs | 593 | by Hope Ntanzi
Mthuli Ncube sees 2025 growth rebound after this year's drought
Zimbabwe has projected economic growth to accelerate to 6 percent in 2025 from 2 percent this year, helped by improved agricultural output and power generation as the country recovers from a severe dr...Published: 28 Nov 2024 at 16:32hrs | 190 | by Staff reporter
Lawyer in court for US$180,000 fraud
A prominent Harare lawyer, Emmanuel Makanyera Mukwewa, has been charged with fraud following a botched land deal that allegedly cost an unsuspecting buyer US$180,000.Mukwewa, a senior partner ...Published: 28 Nov 2024 at 06:50hrs | 1607 | by Staff reporter
Zimbabwean man in Botswana sells stepson for ritual sacrifice
A Zimbabwean man, Lovemore Sithole, aged 37, is facing the death penalty in Botswana after being convicted of selling his 6-year-old stepson to ritualists for US$15,000 (approximately 200,000 Botswana...Published: 27 Nov 2024 at 09:05hrs | 1459 | by Staff reporter
John Moxon calls meeting to sack his Meikles board
John Moxon was in a hospital bed when Meikles directors met to sell off a key asset and fire the CEO - and he claims someone lied that his phone had been "compromised" to keep him in the dark about it...Published: 27 Nov 2024 at 08:47hrs | 2775 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1087 | by Staff reporter
John Moxon questions appointment of son as CEO
Meikles Limited's board chairperson and major shareholder, John Moxon, has accused his fellow directors of bypassing proper governance procedures in the appointment of his son, Matthew Moxon, as the c...Published: 27 Nov 2024 at 07:11hrs | 1312 | by Staff reporter
Surge in US$ cash transactions triggers spike in armed robberies in Zimbabwe
Zimbabwe is experiencing an alarming rise in armed robberies, with the increasing use of US dollar cash transactions making businesses, banks, and individuals prime targets for criminals. Violent atta...Published: 27 Nov 2024 at 06:50hrs | 211 | by Staff reporter
Mother, daughter sells new-born baby for US$180
A 16-year-old girl from Murehwa and her 47-year-old mother, Evelyn Zisengwe, have appeared in court alongside 34-year-old Dion Tore, accused of trafficking a newborn child in violation of Zimbabwe's T...Published: 26 Nov 2024 at 17:05hrs | 246 | by Staff reporter
Shingi Munyeza loses US$4,930 in chrome deal scam
Businessman Shingi Munyeza is counting his losses after falling victim to a con artist who posed as an agent for ZimAlloys in a fraudulent chrome deal. Munyeza lost a total of US$4,930 in the scam, wh...Published: 26 Nov 2024 at 09:09hrs | 1362 | by Staff reporter
Govt hands controversial US$9m waste collection deal to Geo Pomona
The Zimbabwean government has awarded Geo Pomona Waste Management a contract to manage refuse collection in Harare, a deal that has raised eyebrows due to its hefty price tag and the financial strain ...Published: 26 Nov 2024 at 08:18hrs | 495 | by Staff reporter
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