Search / Zig
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 19 hrs ago | 662 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 19 hrs ago | 64 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3627 | by Staff reporter
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 153 | by Staff reporter
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 108 | by Staff reporter
Gideon Gono accused of presenting hearsay in court
A Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono of ZiG137 million has challenged the credibility of the prosecution's evidence, calling it hearsay and ...Published: 12 May 2025 at 08:45hrs | 1492 | by Staff reporter
Education Minister to personally monitor school reopening nationwide
Primary and Secondary Education Minister Torerai Moyo has announced plans to personally visit schools across the country this week to ensure a smooth start to the second term, amid common concerns aro...Published: 12 May 2025 at 08:44hrs | 822 | by Staff reporter
AMH employees receive zero earnings after salary cuts and forced leave
Some employees at Alpha Media Holdings (AMH), one of Zimbabwe's leading private media companies, have received zero net earnings in the Zimbabwe Gold (ZiG) component of their salaries for two consecut...Published: 11 May 2025 at 19:47hrs | 642 | by Ndou Paul
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1682 | by Staff reporter
6 arrested for smuggling 17,5 tonnes of T-shirts
Six individuals, including two ZIMRA officials and a clearing agent, appeared in court yesterday facing charges of fraud after allegedly orchestrating a scheme to evade more than US$78,880 in customs ...Published: 10 May 2025 at 20:48hrs | 1609 | by Staff reporter
Beitbridge policeman's attempted murder trial delayed
The attempted murder trial of Ziggie Khonzani, a Beitbridge police officer, failed to take off yesterday after the accused fell ill, prompting the court to reschedule the proceedings to May 14, 2025....Published: 10 May 2025 at 13:12hrs | 112 | by Staff reporter
UZ students demand exam postponement
Student leaders at the University of Zimbabwe (UZ) have formally requested a one-week postponement of upcoming examinations, citing academic disruptions caused by an ongoing strike by university lectu...Published: 09 May 2025 at 11:06hrs | 555 | by Staff reporter
Independence day funds looted
A group of disgruntled and starved villagers from various wards in Muzarabani are up in arms with the District Development Co-ordinator's office after independence day celebration resources worth thou...Published: 09 May 2025 at 10:27hrs | 748 | by Gideon Madzikatidze in Muzarabani
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 295 | by Staff reporter
UZ suspends union leaders, again
The University of Zimbabwe (UZ) has reignited tensions with its academic staff after issuing fresh suspension letters to leaders of the Association of University Teachers (AUT), just days after liftin...Published: 08 May 2025 at 09:45hrs | 198 | by Staff reporter
Zimbabwe cop severely assaults till operator over change
A Beitbridge-based police officer has been charged with attempted murder after he allegedly struck a till operator with a beer bottle during a dispute over change for a US$20 note.Ziggie Khonz...Published: 07 May 2025 at 16:58hrs | 887 | by Staff reporter
Helidrive launches National Emergency Call Centre
HELIDRIVE National Air Rescue Services is setting up a national emergency call centre as part of its ambitious drive to streamline Zimbabwe's first publicly operated air ambulance system, with the ult...Published: 04 May 2025 at 09:16hrs | 216 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 809 | by Staff reporter
ZANU PF succession battles open window of opportunity for Matabeleland breakaway
Zimbabwe Independence Day Celebrations on 18 April 2025 marked 132 years of Matabeleland oppression. Firstly by the British South Africa Company, 1893- 1980, under the rule by coquest, secondly by the...Published: 02 May 2025 at 09:33hrs | 1328 | by Israel Dube
ZiG monthly inflation rate up by 0,7%
Zimbabwe's new currency, Zimbabwe Gold (ZWG), recorded a slight inflation decline of 0.7% in April 2025, while the United States dollar (USD) also saw a modest depreciation of 0.2%, according to the Z...Published: 26 Apr 2025 at 10:44hrs | 523 | by Staff reporter
UZ lecturers begin indefinite strike
Lecturers at the University of Zimbabwe (UZ) have declared an indefinite strike, demanding a return to pre-2018 salary levels and improved conditions of service, following a successful court bid to pr...Published: 25 Apr 2025 at 07:26hrs | 167 | by Staff reporter
University of Zimbabwe lecturers walkout again in pay dispute
Lecturers at the University of Zimbabwe have declared fresh strikes to demand better pay, a week after police broke up their picket line and arrested three union leaders.The lecturers have now...Published: 24 Apr 2025 at 21:45hrs | 326 | by Staff reporter
Mthuli Ncube unveils industrial development facilities
Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...Published: 24 Apr 2025 at 21:17hrs | 284 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 Apr 2025 at 22:44hrs | 553 | by Chris Mutsvangwa
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 239 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 733 | by Staff reporter
ZDF distances itself from arrested former Air Force officer in UZ salary strike
The Zimbabwe Defence Forces (ZDF) has moved swiftly to distance itself from the actions of retired Group Captain Boncace Mwakorera, a former Air Force of Zimbabwe officer, who was arrested yesterday a...Published: 17 Apr 2025 at 20:30hrs | 1527 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 11441 | by Staff reporter
Man arrested for attempted fraud of over ZiG1 Million
Henry Chishanga (39), a man from Chitungwiza, has appeared in court facing allegations of attempting to defraud an insurance company of over ZiG1 million by presenting fake proof of payment for insuri...Published: 16 Apr 2025 at 23:20hrs | 234 | by Staff reporter
University Zimbabwe lecturers arrested over salary protest
Three University of Zimbabwe (UZ) lecturers were arrested by police on Wednesday after staging a protest over poor remuneration at the university's campus in Harare.The lecturers, who are part...Published: 16 Apr 2025 at 22:47hrs | 116 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 84 | by Staff reporter
Lt-Gen Sanyatwe assesses progress at NSS
Newly appointed Minister of Sport, Recreation, Arts and Culture, Anselem Sanyatwe, yesterday toured the National Sports Stadium in Harare, marking his first official engagement since assuming office. ...Published: 15 Apr 2025 at 08:39hrs | 780 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3712 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10298 | by Staff reporter
Harare's drinking water could be turning into a toxic brew
Harare's main water source, Lake Chivero, is under severe threat as the capital city continues to discharge over 250 million litres of raw and partially treated sewage into the lake each day - sparkin...Published: 13 Apr 2025 at 09:47hrs | 408 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 633 | by Staff reporter
Zec ducks Chivayo millions saga
The Zimbabwe Electoral Commission (ZEC) has pleaded with journalists to stop asking questions regarding the controversial US$40 million elections tender allegedly awarded to Zanu PF-linked businessman...Published: 12 Apr 2025 at 15:29hrs | 556 | by Staff reporter
Crisis continue to rock AMH
The financial troubled major private media company- Alpha Media Holdings in Zimbabwe is riling into continuous crisis as the management has since last mon...Published: 06 Apr 2025 at 22:48hrs | 2211 | by Staff Reporter
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3602 | by Staff reporter
Zimbabwe fast-tracking ZiG banknotes rollout
The Reserve Bank of Zimbabwe (RBZ) is accelerating efforts to deliver new Zimbabwe Gold (ZiG) banknotes, with Governor Dr John Mushayavanhu assuring the public that the rollout will happen "in the sho...Published: 06 Apr 2025 at 11:28hrs | 1067 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | by Staff reporter
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 81 | by Staff reported
Zimbabwe central bank rubbishes reports on cash deposit box seizures
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims that it is targeting businesses and individuals holding cash in deposit boxes, following an article published in The Herald on April 2, 2025. Th...Published: 02 Apr 2025 at 18:53hrs | 2423 | by Staff reporter
RBZ to swoop on currency hoarders
The Reserve Bank of Zimbabwe (RBZ) is set to crack down on businesses and individuals hoarding money in cash deposit boxes at banks, homes, and business premises. Authorities are concerned that such p...Published: 02 Apr 2025 at 08:47hrs | 574 | by Staff reporter
Zimbabwe at crossroads: Is it Mnangagwa, Chiwenga, Geza or Chamisa?
1. IntroductionZimbabwe is at the crossroads, again. The country is again being discussed in newsrooms, churches, embassies, business chambers, beerhalls, and social ...Published: 31 Mar 2025 at 10:38hrs | 2246 | by Eddie Mahembe, PhD
Zimbabwe govt workers moonlight as street vendors
Every morning, Dumisani Ngara* gets up at dawn to catch a 6:30am bus to work at Zimbabwe's Ministry of National Housing and Social Amenities. The government-provided bus is free for civil servants in ...Published: 28 Mar 2025 at 12:41hrs | 1126 | by Staff reporter
Elderly Bulawayo couple sentenced for exploiting bank glitch
An elderly couple from Bulawayo, who took advantage of a technical glitch at Stanbic Bank Zimbabwe to embezzle over US$30,000, has been sentenced to seven years in prison.Frank Sibanda and his...Published: 27 Mar 2025 at 06:06hrs | 624 | by Staff reporter
DA's Zille calls for unity among Zimbabwean opposition leaders
Helen Zille, the federal chairperson of South Africa's Democratic Alliance (DA), has urged Zimbabwean opposition leaders to unite and capitalize on the internal divisions within the ruling Zanu-...Published: 26 Mar 2025 at 07:04hrs | 1760 | by Staff reporter
Zinara leadership earns top honors
The ongoing restructuring at the Zimbabwe National Road Administration (Zinara) is proving successful, with key officials receiving top accolades for turning around the once embattled parastatal....Published: 25 Mar 2025 at 11:52hrs | 238 | by Staff reporter
Bulawayo prioritises BF renovation in sports facility upgrade
Bulawayo Mayor David Coltart has reaffirmed that the renovation of Barbourfields Stadium remains a top priority as the city moves forward with the Government's directive to allocate seven percent of i...Published: 23 Mar 2025 at 08:07hrs | 2040 | by Staff reporter
Load More Stories
