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AG exposes massive financial mismanagement
A damning report by Acting Auditor-General Rhea Kujinga, tabled in Parliament this week, has uncovered widespread financial mismanagement, weak internal controls, and systemic accounting failures ...Published: 8 hrs ago | 188 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 684 | by Staff reporter
45 vehicles to transform GMB, Arda operations
In a significant boost to Zimbabwe's agricultural sector, President Emmerson Mnangagwa has donated 30 grain carrier trucks and 15 Isuzu 4×4 single cab vehicles to the Grain Marketing Board (GMB) and ...Published: 24 Jul 2025 at 09:35hrs | 264 | by Staff reporter
UK overtakes China as second-largest US Treasury holder
China's recorded holdings of US Treasuries have fallen below those of the UK for the first time since the start of the century, underlining a shift in Beijing's management of its foreign reserves....Published: 21 Jul 2025 at 19:41hrs | 330 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1498 | by Staff reporter
Govt increases councillors' allowances
The Government has announced a new comprehensive package of allowances and benefits for local authority officials, offering them housing stands, motorbike loans, and other perks such as free parking a...Published: 17 Jul 2025 at 20:51hrs | 416 | by Staff reporter
Govt workers stage a flash protest at Mthuli Ncube's office
Civil servants staged a flash protest yesterday at the New Government Complex before marching to the offices of the Ministry of Finance, Economic Development and Investment Promotion in Harare, pressi...Published: 15 Jul 2025 at 08:20hrs | 694 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 672 | by Staff reporter
Zacc raises red flag over corruption in shipping and forwarding sector
The Zimbabwe Anti-Corruption Commission (ZACC) has raised alarm over a growing number of corruption cases linked to the shipping and forwarding of goods, warning that such practices are costing the co...Published: 10 Jul 2025 at 18:32hrs | 364 | by Staff reporter
Vote-buying for beginners: A Zvigananda guide to electoral philanthropy
Meet Taurai Kandishaya - philosopher of the gutter, hustler by vocation, and a loyal missionary of the Zvigananda gospel: "In Harare, money speaks; morals take a kombi." He recently took to Facebook t...Published: 09 Jul 2025 at 08:19hrs | 411 | by Reason Wafawarova
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1608 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
Gwayi-Shangani dam stalls due to funding delays
The delayed construction of the critical 10MW mini-hydropower plant at the Gwayi-Shangani Dam is threatening to derail Zimbabwe's long-term plans to supply water to Bulawayo through a 251km pipeline, ...Published: 02 Jul 2025 at 18:12hrs | 906 | by Staff reporter
TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 02 Jul 2025 at 09:37hrs | 198 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 194 | by Brighton Musonza
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 455 | by Staff reporter
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 01 Jul 2025 at 08:16hrs | 501 | by Staff reporter
Zimbabwe's teacher shortage crisis worsens
Zimbabwe's education sector is facing mounting pressure as the teacher-to-pupil ratio has climbed to an alarming 1:45-far above the recommended standard of one teacher for every 20 learners in early c...Published: 30 Jun 2025 at 09:06hrs | 313 | by Staff reporter
'You are good thief, not a leader', Tyson flows Tagwirei
Former Local Government Minister Saviour Kasukuwere has torn into President Emmerson Mnangagwa's ally, businessman Kudakwashe Tagwirei, describing him as only a good thief but faring badly as a politi...Published: 29 Jun 2025 at 18:10hrs | 2183 | by Paul Ndou
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: 27 Jun 2025 at 09:36hrs | 1124 | by Staff reporter
Tagwirei mocks 'foolish' Zimbabweans who have not won tenders
Prominent businessman Kudakwashe Tagwirei ignited controversy on Wednesday after declaring that Zimbabweans who have not secured government tenders are "foolish" - effectively labelling the vast major...Published: 26 Jun 2025 at 14:12hrs | 821 | 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 | 1725 | by Staff reporter
Zimbabwe govt deploys ambulances at tollgates
The government has announced plans to station ambulances at tollgates and along major highways across Zimbabwe, aiming to improve emergency medical response and curb road accident fatalities.T...Published: 24 Jun 2025 at 09:28hrs | 348 | by Staff reporter
Even the government's own excuses prove it's to blame for drug shortages in hospitals
When incompetence runs deep, even your excuses end up exposing you. The recent state-sanctioned explanation in The Sunday Mail on why public hospitals in Zimbabwe are running out of basic...Published: 23 Jun 2025 at 11:12hrs | 166 | by Tendai Ruben Mbofana
Zimbabwe moves to reform public medicine supply system
The Ministry of Health and Child Care has embarked on a sweeping reform process aimed at resolving medicine shortages at public hospitals, despite the country's main pharmaceutical distributor, NatPha...Published: 22 Jun 2025 at 11:03hrs | 385 | by Staff reporter
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 105 | 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 | 2213 | by Staff reporter
Zimbabwe govt equips 25 rural hospitals with medical equipment
The Government has distributed anaesthetic and digital X-ray machines to 25 rural district hospitals across Zimbabwe as part of a broader initiative to enhance healthcare service delivery in remote ar...Published: 20 Jun 2025 at 06:15hrs | 146 | by Staff reporter
Explosive corruption report handed to Mnangagwa
A political firestorm is erupting at Town House following the submission of a damning report to President Emmerson Mnangagwa, which exposes endemic corruption, systemic mismanagement, and the virtual ...Published: 19 Jun 2025 at 11:29hrs | 2558 | 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 | 1281 | by Staff reporter
Zimbabwe asks South Africa to back G-20 debt overhaul
Zimbabwe has asked South Africa to help garner support for its debt to be revamped under the Group of 20's Common Framework, a step that could restore its access to international capital markets for t...Published: 19 Jun 2025 at 07:17hrs | 221 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | 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 | 171 | by Staff reporter
Chivayo's arrogance is an insult to millions of suffering Zimbabweans
There's a saying: "A soft answer turneth away wrath" - but what happens when arrogance and contempt are the response to a nation's cry for accountability?There is something profoundly disturbi...Published: 18 Jun 2025 at 19:25hrs | 679 | by Tendai Ruben Mbofana
Zimbabwe liquidates four failed banks
Four banks that collapsed between 2004 and 2008 have been officially liquidated, marking a significant milestone in Zimbabwe's financial sector. Hopewell Zinyau, Chief Executive Officer of the Deposit...Published: 16 Jun 2025 at 15:08hrs | 16672 | by Staff reporter
Varakashi tweets can never mask Zimbabweans' suffering under the Mnangagwa regime
There are some things under the sun that can never be defended or glossed over.The desperation of the ruling ZANU PF regime has never been more apparent than in its feverish attempt to strengt...Published: 13 Jun 2025 at 14:39hrs | 732 | by Tendai Ruben Mbofana
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 326 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 192 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 214 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Have Zimbabweans become Chivayo's wives?
Have we lost all self-respect?One of the most disturbing spectacles unfolding in Zimbabwe today is the humiliating spectacle of grown men and women - from all walks of life - openly begging co...Published: 09 Jun 2025 at 21:59hrs | 1129 | by Tendai Ruben Mbofana
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
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 239 | by Staff reporter
Free emergency medical care for road accident victims
In a major overhaul of Zimbabwe's post-accident emergency response system, the Government is proposing a new law that will ensure road traffic accident (RTA) victims receive free emergency medical att...Published: 08 Jun 2025 at 11:56hrs | 115 | by Staff reporter
Government contractors warned against dishonesty
The Zimbabwe Construction and Allied Trades Workers Union (ZCATWU) has called on government contractors to stop abusing delayed payments from the Treasury as a justification for poor performance and d...Published: 07 Jun 2025 at 10:41hrs | 115 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 261 | by Staff reporter
Health Commission implements job evaluation outcomes
In a major move to improve equity, motivation, and service delivery in Zimbabwe's health sector, the Health Service Commission (HSC) has announced that it will begin implementing the results of its co...Published: 06 Jun 2025 at 09:43hrs | 144 | by Staff reporter
Zimbabwe begins paying long-delayed Civil Registry allowances
The government has finally started disbursing long-overdue allowances to civil servants who participated in the Civil Registry Department's voter registration mop-up exercise ahead of the 2023 general...Published: 06 Jun 2025 at 09:40hrs | 155 | by Staff reporter
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 1331 | by Trymore Sibanda
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 852 | by Staff reporter
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