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Zimbabwe banks process R6bn via regional payment systems
Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, mar...Published: 4 hrs ago | 73 | by Staff reporter
Chiyangwa locked up over US$583 660 cryptocurrency fraud
A Harare woman, Melissa Messe Samantha Chiyangwa, appeared in court this week charged with swindling a prominent eye specialist of nearly US$600,000 in a complex cryptocurrency scam spanning over two ...Published: 7 hrs ago | 334 | by Staff reporter
Biti, Kasukuwere gang up against Tagwirei
Former cabinet ministers Saviour Kasukuwere and Tendai Biti have publicly condemned controversial businessman Kudakwashe Tagwirei, branding him as the "face of corruption" whose growing influence with...Published: 13 hrs ago | 799 | by Staff reporter
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1157 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1050 | by Staff reporter
Dr Guramatunhu loses money in cryptocurrency scam
Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly lost more than US$583,000 in a cryptocurrency scam allegedly orchestrated by a business associate and her husband, a Harare court heard y...Published: 25 Jun 2025 at 15:20hrs | 649 | by Staff reporter
Online investment scam backfires for EcoCash agents
An attempt to make quick profits through an online investment scheme ended disastrously for two Mutare women who were convicted of fraud after misusing their employer's US$1,500. The crime came to lig...Published: 25 Jun 2025 at 12:34hrs | 742 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 347 | by Tendai Ruben Mbofana
3 Zimbabweans arrested for investment fraud in India
Kolkata Police arrested three Zimbabwean nationals - Tinashe Gadzikwa Praise (22), Malvern Matungamire (25), and Nyamhunga Lenon Kudakwashe (23) - from separate apartments in Mohali's Kharar area, Pun...Published: 23 Jun 2025 at 10:59hrs | 273 | by Staff reporter
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 241 | by Staff reporter
The death of an African President: Advocate Edgar Lungu!
The philosophy of Ubuntu will not allow me to talk about former President Edgar Lungu using outdoor language. Africa is rid of a ruler that destroyed the image of the African continent; we are yet to ...Published: 23 Jun 2025 at 10:48hrs | 460 | by Nomazulu Thata
EcoCash launches Ziyawa promotion with over 200,000 prizes
EcoCash has officially launched the seventh edition of its popular ChakaChaya/Ziyawa neEcoCash promotion, offering more than 200,000 customers the chance to win prizes that range from household applia...Published: 23 Jun 2025 at 10:28hrs | 126 | by Staff reporter
Bulawayo pair jailed for selling same stand twice
Two Bulawayo residents, Henessy Dube (46) and Flora Moyo (45), have been jailed for fraud after they were found guilty of duping a homebuyer by selling a residential stand in Highmount to two differen...Published: 23 Jun 2025 at 10:24hrs | 254 | by Staff reporter
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1759 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 213 | by Staff reporter
Former soldier loses pension in fraud scheme by ex-colleague
A former Zimbabwe National Army (ZNA) member, Forward Mapfunde of Warren Park D in Harare, is counting significant losses after his pension funds were fraudulently stolen by a former colleague who ret...Published: 21 Jun 2025 at 09:48hrs | 252 | by Staff reporter
ZACC joins fight against education corruption
The Ministry of Primary and Secondary Education has intensified efforts to root out corruption in schools across Manicaland by enlisting the Zimbabwe Anti-Corruption Commission (ZACC) and the po...Published: 21 Jun 2025 at 09:34hrs | 112 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 183 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 480 | by Staff reporter
IMF withholds Zimbabwe reform programme
The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...Published: 20 Jun 2025 at 07:39hrs | 2195 | by Staff reporter
CVR online scams on the rise
The Ministry of Transport and Infrastructural Development has raised the alarm over a surge in online scams targeting citizens seeking services from the Central Vehicle Registry (CVR). In an official ...Published: 19 Jun 2025 at 16:52hrs | 423 | by Staff reporter
Mukuru named among top cross-border payment providers
Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 F...Published: 19 Jun 2025 at 11:25hrs | 238 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1276 | by Staff reporter
The Real Reason Small Brands Are Winning on Social Media in 2025
I work with brands for a living - large, small, and those still being managed from the back room of someone's apartment. And here's the wild part: in 2025, it's not the big players scoring the wins on...Published: 19 Jun 2025 at 10:06hrs | 138 | by Staff Reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 146 | by Staff reporter
Chamisa berates Chivayo's cancer machines tender
Former opposition leader Nelson Chamisa has sharply criticised the government's decision to award a lucrative tender for cancer treatment machines to Wicknell Chivayo, a known ZANU PF member and busin...Published: 18 Jun 2025 at 18:34hrs | 1367 | by Staff reporter
'Zimbabwe gold-backed currency stable' but ...
Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the pa...Published: 18 Jun 2025 at 18:30hrs | 314 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 158 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1283 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 131 | by Staff reporter
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 105 | by Staff reporter
Cyber hackers target Zimbabwe's national emails and websites
ZIMBABWE is facing a serious digital threat as international cyber hackers intensify their attacks on government, educational and business websites. This year, several Zimbabwean websites have been de...Published: 16 Jun 2025 at 14:36hrs | 56 | by Engineer Jacob Kudzayi Mutisi
GMB expands grain collection points
The Government has cautioned farmers against selling their maize and other grains to unscrupulous private buyers offering instant cash at prices far below the official rate, warning that such transact...Published: 13 Jun 2025 at 06:22hrs | 140 | by Staff reporter
Fraud-accused NSSA boss acquitted
Former National Social Security Authority (NSSA) investment director, Brian Murewa, has been acquitted of fraud charges involving US$25,000, following a ruling by Harare regional magistrate Donald Ndi...Published: 12 Jun 2025 at 18:49hrs | 71 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 975 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
Zimbabwean women make gains in property ownership
Women in Zimbabwe are making significant strides in securing access to economic resources such as land, property, and digital financial services, according to findings from the 2023–2024 Zimbabwe De...Published: 08 Jun 2025 at 13:30hrs | 186 | by Staff reporter
Zimbabwe cops making a killing from fingerprints
The Zimbabwe Republic Police (ZRP) has come under fire following revelations that officers are illegally charging an additional $15 "facilitation fee" to expedite fingerprint clearance services, on to...Published: 08 Jun 2025 at 13:26hrs | 961 | by Staff reporter
Kariba turns into ghost town
The eastern shoreline of Kariba, once a crown jewel in Zimbabwe's tourism industry, is fast slipping into obscurity as tourism operators flee the area amid plummeting visitor numbers, collapsing infra...Published: 06 Jun 2025 at 12:04hrs | 11411 | by Staff reporter
New high-quality ZiG banknotes on the way
The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...Published: 03 Jun 2025 at 11:53hrs | 854 | by Staff reporter
Zimbabwe govt unveils digital title deeds processing
In a landmark move set to transform land ownership documentation in Zimbabwe, the Government has introduced a Digital Land Administration Platform (DLAP), allowing farmers and landowners to apply for ...Published: 03 Jun 2025 at 09:29hrs | 197 | by Staff reporter
Chivayo gifts his lawyer a 2024 Mercedes-Benz E300
Flamboyant businessman Wicknell Chivayo has once again made headlines after gifting his lawyer, Advocate Edley Mubaiwa, a brand-new 2024 Mercedes-Benz E300 as a token of appreciation for his legal bri...Published: 02 Jun 2025 at 10:02hrs | 3003 | by Staff reporter
Women vendors robbed, raped by conman peddling fake deals
Two women vendors from Mvuma fell victim to a brutal robbery and rape at the hands of a conman in Masvingo City on Africa Day evening, after being lured by promises of discounted goods from South Afri...Published: 01 Jun 2025 at 14:47hrs | 442 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1980 | by Staff reporter
ZACC launches awareness campaign against illegal land dealings
The Zimbabwe Anti-Corruption Commission (ZACC) has launched a provincial awareness campaign targeting illegal land dealings in Mashonaland East Province, as part of its broader strategy to clamp down ...Published: 31 May 2025 at 13:41hrs | 52 | by Staff reporter
Bonuses, Payments, and Gaming Variety at 1win for Thai Players
Thai players exploring online gaming platforms often prioritize generous bonuses, convenient payment methods, and a diverse selection of games. The platform known as ...Published: 30 May 2025 at 22:22hrs | 120 | by Staff Reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 645 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 90 | by Staff reporter
Zacc cracks down on rampant land grabs
The Zimbabwe Anti-Corruption Commission (Zacc) has raised alarm over the persistent and unlawful takeover of State and communal land by powerful land barons, despite repeated government warnings again...Published: 30 May 2025 at 08:56hrs | 128 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 719 | by Staff reporter
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