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Trump's US is looking for a political showdown with South Africa
The debate on Ebrahim Rasool's public expulsion as South Africa's ambassador to the US has focussed on the wisdom of his remarks. But this debate misses the substantive issues at stake. First, the pub...Published: 16 Mar 2025 at 13:44hrs | 1108 | by Adam Habib
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 64 | by Dr Bekithemba Mpofu
If land was the reason for the liberation struggle, why must Zimbabweans now buy it?
The land question in Zimbabwe is a contentious issue.The liberation struggle in Zimbabwe was fought with a clear objective: to reclaim land from colonial rulers and redistribute it equitably a...Published: 13 Mar 2025 at 16:17hrs | 571 | by Tendai Ruben Mbofana
EcoCash launches 'Spend and Win' promotion with Mastercard
EcoCash, Zimbabwe's leading mobile money platform, has launched a new promotion offering customers the chance to win a variety of prizes, including an all-expenses-paid holiday for two to Zanzibar. Th...Published: 11 Mar 2025 at 12:32hrs | 170 | by Staff reporter
POSB scandal exposes Mnangagwa?
Documents supporting President Emmerson Mnangagwa's controversial handling of the planned sale of the state-owned People's Own Savings Bank (POSB) have sparked grave concerns regarding transparency an...Published: 11 Mar 2025 at 08:11hrs | 3446 | by Staff reporter
POSB scandalous sale deal comes under scrutiny
Despite the questionable agreement surrounding the state-owned People's Own Savings Bank (POSB), Attorney-General Virginia Mabiza's correspondence with the bank's management and a directive from Presi...Published: 11 Mar 2025 at 08:06hrs | 926 | by Staff reporter
Man defrauding ex-girlfriend of US$28,000 in stand deal
A man who allegedly defrauded his former girlfriend of US$28,000 in a failed residential stand transaction appeared in court yesterday, facing fraud charges.The accused, Thomas Jemuse, an oper...Published: 11 Mar 2025 at 07:15hrs | 406 | by Staff reporter
ZRP duped in US$850,000 sleeping bags deal
A Harare-based company, Printmill Private Limited, is at the center of a fraud investigation after allegedly duping the Zimbabwe Republic Police (ZRP) of US$850,000 in a botched deal for the supply of...Published: 09 Mar 2025 at 13:17hrs | 229 | by Staff reporter
Zimbabwe govt rolls out POS machines to formalise informal businesses
The Zimbabwean government has commenced a nationwide programme to integrate unregistered businesses into the formal economy by distributing point-of-sale (POS) machines, which are now a prerequisite f...Published: 09 Mar 2025 at 13:08hrs | 185 | by Staff reporter
Wicknell Chivayo's lavish lobola payment sparks debate
Flamboyant businessman and controversial tenderpreneur Wicknell Chivayo has once again made headlines - this time for his extravagant approach to lobola (bride price) negotiations. Chivayo, known for ...Published: 08 Mar 2025 at 14:56hrs | 1903 | by Staff reporter
Chamisa in the shadows of political darkness
Justice Alfred Mavedzenge has done a very informative analysis on the behavior of Nelson Chamisa, and the radical change in his political personality since his ZINASU days of a firebrand student polit...Published: 06 Mar 2025 at 15:08hrs | 612 | by Reason Wafawarova
Tagwirei linked wealth managers in OK shares buying spree
Akribos Wealth Managers, a prominent asset management firm with connections to local businessman Kuda Tagwirei, has made a major splash in the Zimbabwean stock market by purchasing a combined 16,338,2...Published: 03 Mar 2025 at 13:03hrs | 12304 | by Staff reporter
Bulawayo City Council installs new elevators at Tower Block
The Bulawayo City Council has invested US$778 260 in installing new elevators at the Tower Block Municipal Building, with further plans to rehabilitate other key city assets, including the City Hall C...Published: 03 Mar 2025 at 12:32hrs | 231 | by Staff reporter
NetOne's OneMoney aims to revolutionise financial inclusion in Zimbabwe
NetOne's mobile financial services subsidiary, ONE Money, is set to transform financial inclusion in Zimbabwe by offering a suite of innovative products and services designed to reach the country's un...Published: 01 Mar 2025 at 09:20hrs | 125 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 204 | by Staff reporter
Zimbabwe could clear arrears with bold reforms
Zimbabwe could clear its arrears and rework $21 billion in debt that's kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms, the Wor...Published: 27 Feb 2025 at 11:05hrs | 356 | by Staff reporter
Prosecutor acquitted in high-profile armed robbery bail case
Harare regional magistrate Taurai Manuwere has acquitted prosecutor Mr. Tapiwa Kasema, who was accused of unlawfully consenting to bail for four notorious armed robbers, including the infamous Musa Ta...Published: 27 Feb 2025 at 11:01hrs | 186 | by Staff reporter
Crisis meeting over RTG alleged takeover plot
Directors and senior executives from the National Social Security Authority (NSSA) and Rainbow Tourism Group (RTG) are set to meet today in an urgent bid to address a suspected plot to manipulate the ...Published: 24 Feb 2025 at 09:25hrs | 1649 | by Staff reporter
Village heads selling State Land face arrest
Village heads or traditional leaders found selling or facilitating the sale of State land will be classified as land barons and face arrest, a Cabinet Minister has warned. The Government has urged any...Published: 24 Feb 2025 at 08:47hrs | 321 | by Staff reporter
Duo hack Access Forex system, steal $220, 000
A Mutare man and his accomplice appeared in court yesterday facing allegations of hacking into the Access Forex system and fraudulently withdrawing US$220,000 last year.Ngonidzashe Lison Dhubi...Published: 22 Feb 2025 at 09:31hrs | 724 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1513 | by NewsHawks
Businessman loses US$8,000 to bogus VID officer
A businessman in Zhombe has been defrauded of US$8,000 by a fake Vehicle Inspection Department (VID) officer who falsely claimed to be in charge of disposing vehicles forfeited to the State.Mi...Published: 18 Feb 2025 at 14:26hrs | 1201 | by Staff reporter
Mphoko's son moves to block Choppies sale to Raji Modi
Siqokoqela Mphoko, son of the late former Vice President Phelekezela Mphoko, has filed an urgent chamber application seeking to prevent the sale of Choppies Zimbabwe to Bulawayo businessman and Deputy...Published: 16 Feb 2025 at 16:42hrs | 1946 | by Staff reporter
Changes at Steward Bank as Nyambirai makes a comeback
EcoCash Holdings has announced changes to its board following businessman Tawanda Nyambirai's recent acquisition of a controlling stake in the company.The development comes after a major restr...Published: 15 Feb 2025 at 07:59hrs | 1729 | by Staff reporter
Geza accusing Nyabadza of deceit, trial stalls
Former Agricultural and Rural Development Authority (Arda) boss Basil Nyabadza delayed the start of his trial on Thursday, where he is accused of defrauding Zanu-PF central committee member and outspo...Published: 14 Feb 2025 at 11:54hrs | 2470 | by Staff reporter
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 431 | by Staff reporter
Edmund Kudzayi responds to Kenneth Sharpe accusations
Statement in Response to False Accusations by Mr Kenneth Sharpe (recordings in tweet below)It has come to my attention that Mr Kenneth Sharpe has fabri...Published: 13 Feb 2025 at 11:44hrs | 749 | by Edmund Kudzayi
Biti slams title deed plan, calls it a reversal of land reform
Former Finance Minister and legal expert Tendai Biti has criticized the government's plan to issue title deeds to farm owners, calling it a legal and policy blunder that undermines Zimbabwe's land ref...Published: 13 Feb 2025 at 06:32hrs | 515 | by Staff reporter
Zimbabwe Braces for HIV Resurgence as US Aid Evaporates
Rumbidzai, a sex worker from the bustling settlement of Epworth in Harare, has been taking antiretroviral drugs since 2017. For over two years, the mother of three has relied on mobile clinics that re...Published: 12 Feb 2025 at 11:29hrs | 393 | by Staff reporter
RBZ intervenes in data pricing discrimination against ZiG
The Reserve Bank of Zimbabwe (RBZ) has moved to address concerns over discriminatory pricing by mobile network operators and internet service providers, particularly regarding their preference for tra...Published: 10 Feb 2025 at 15:28hrs | 1947 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6332 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 582 | by Staff reporter
Duo arrested for defrauding car importers of US$20,000
Two Beitbridge-based customs clearing agents, Lloyd Mawadze (36) and Lauren Mawadze (32), have been arrested for allegedly defrauding vehicle importers of nearly US$20,000 over the past two years. The...Published: 08 Feb 2025 at 12:32hrs | 143 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 916 | by Staff reporter
Central bank to improve design and quality of Zimbabwe Gold banknotes
The Reserve Bank of Zimbabwe (RBZ) is set to enhance the quality and design of Zimbabwe Gold (ZiG) banknotes to align with international standards, addressing public concerns over their durability and...Published: 07 Feb 2025 at 17:43hrs | 258 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
2 company directors dupe Zimra of R10 million
Two directors of Hilmax, Rugare Murwira and Patrick Musavaya, appeared before Harare Magistrate Marehwanazvo Gofa on Wednesday to face seven counts of fraud, allegedly defrauding the Zimbabwe Revenue ...Published: 07 Feb 2025 at 06:41hrs | 514 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 392 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
3 men in court for 'swapping' gold with counterfeit button
Three men have been charged with defrauding a gold panner of gold worth US$1,858 by swapping a genuine smelted gold button with a counterfeit one. Aleck Ngoni Pangazira (38), Simbarashe Karimupfumbi (...Published: 06 Feb 2025 at 07:20hrs | 128 | by Staff reporter
Bishop-cum-land barron up for US$80k fraud
A Bishop at Emmanuel Global Church, Emmanuel Muzondi (49), appeared in court on Tuesday facing allegations of defrauding a local businessman, Lovemore Pasipamire, of US$80,000 in a failed residential ...Published: 05 Feb 2025 at 11:56hrs | 128 | by Staff reporter
Bishop in court over US$80k stand fraud
Bishop Emmanuel Muzondi, the founder of Emmanuel Global Church International Ministries, appeared before a Harare magistrate yesterday on allegations of defrauding Lovemore Paipamire, the director of ...Published: 05 Feb 2025 at 11:40hrs | 47 | by Staff reporter
ZACC, PACU Face Accusations of Complicity Over Chisango State-Witness Deal
Allegations of a high-level conspiracy are swirling around the corruption case of Harare Town Clerk Hosea Chisango who has been secretly let off the hook in the Juluka case by members of the Zimbabwe'...Published: 04 Feb 2025 at 21:52hrs | 438 | by Staff Reporter
ZANU-PF converts offices, police station into Kindergarten
People in Mhondoro are up in arms with their ward six councillor Sword Dandara (ZANU-PF) who allegedly connived with the former Chegutu mayor's son (opposition) and some village heads to convert ZANU-...Published: 02 Feb 2025 at 11:40hrs | 1329 | by Gideon Madzikatidze/Simbarashe Sithole recently in Mhondoro
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1029 | by Tendai Ruben Mbofana
Redcliff residents betrayed by their local authority's unbridled greed and mismanagement
I recently received some most troubling news from a reliable informant within the Municipality of Redcliff.According to the information, the local authority has allegedly decided to award its ...Published: 31 Jan 2025 at 16:04hrs | 344 | by Tendai Ruben Mbofana
Ex-cop in US$9,000 residential stand scam
The Zimbabwe Anti-Corruption Commission (Zacc) has arrested former police officer Absolom Mudzamiri for allegedly defrauding a Harare woman of US$9,000 in a fraudulent residential stand deal.A...Published: 31 Jan 2025 at 07:31hrs | 571 | by Staff reporter
Chivayo responds to reports of bank limit adjustments
Businessman Wicknell Chivayo has strongly dismissed reports that he requested Ecobank to adjust two bank accounts to a US$20 million monthly limit after securing lucrative government contracts worth U...Published: 29 Jan 2025 at 18:49hrs | 14590 | by Staff reporter
Zimbabwe economy implodes
Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retai...Published: 29 Jan 2025 at 08:49hrs | 1346 | by Staff reporter
Zimbabwe inflation rises sharply in January
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices.In dollar terms inflation accelerated to 14.6% year on year a...Published: 28 Jan 2025 at 21:53hrs | 1336 | by Staff reporter
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