April 09, 2023
Zimbabwe: Pensioners to Get Compensation for 2009 Losses - Finance Minister
PENSIONERS, whose retirement contributions were eroded at the height of dollarisation of Zimbabwe's economy in 2009, are set to be awarded compensation for pension value losses. Read more »
Zimbabwe: Gold Mafia - Angry Zimbabweans Vent On Mnangagwa's Easter Prayer
OVER a hundred people took to President Emmerson Mnangagwa's social media handles to vent their frustrations at revelations of massive looting by those close to him, termed Gold… Read more »
Zimbabwe: Economic Experts Optimistic On New RBZ Digital-Gold Coins Inception
ECONOMIC experts believe that the recent move by the Reserve Bank of Zimbabwe (RBZ) to incept digital gold coins is a step in the right direction and consistent with global best… Read more »
April 08, 2023
Zimbabwe: Invictus Energy Mobilises U.S.$10 Million for Zim Projects
INVICTUS Energy has mobilised a total US$10 million in preparation for an appraisal and exploration campaign in Zimbabwe's Cabora Bassa basin. Read more »
April 05, 2023
Zimbabwe: TIMB to Support Shisha Tobacco Production in Zimbabwe
Tobacco Industry and Marketing Board (TIMB) recently licensed Cavendish Lloyd Tobacco to contract and support manufacture of shisha, a less hazardous type of tobacco. Read more »
Zimbabwe: ZESA U.S.$ Electricity Bills Rattles Already Strained Industry
INDUSTRY is rattled by the Zimbabwe Electricity Supply Authority's (ZESA) decision to peg power usage in US$ amid calls for the authority to explore other avenues to raise foreign… Read more »
April 04, 2023
Zimbabwe: Marondera Only Getting Electricity for Two Hours a Day - Says MP
Marondera Central legislator Caston Matewu has cast doubts on government's claim that it successfully synchronised Hwange Unit 7 and was now feeding into the national grid adding… Read more »
April 03, 2023
Zimbabwe: Minister Rules Out USD Electricity Payment for Domestic Users as Independent Producers Operate 'On Their Knees'
Minister of Energy and Power Development Soda Zhemu has ruled out USD electricity payment for domestic users while admitting that government's inability to repay investments in… Read more »
April 04, 2023
Zimbabwe: Energy Crisis - MP Says Residents Forced to Crowd Fund to Replace Old Underground Cables, Transformers
Residents in Harare West experiencing power outages due to worn-out electrical cables are being forced to crowdfund for repairs, it has emerged. Read more »
April 03, 2023
Zimbabwe: Govt Blacklists 13 Contractors for Fuelling Black Market
Finance Minister, Mthuli Ncube has blocked 13 companies from supplying government with any services or products after investigations revealed they are passing the ZW$ they earn to… Read more »
Zimbabwe: Pension Funds Spend Zw$2, 29 Billion on Gold Coins in Just Six Months
LOCAL pension funds spent ZW$2, 29 billion on Gold Coins within a short space of just six months bearing testimony to the value which locals are placing on the instrument,… Read more »
Zimbabwe: Zimbabwe Ranked the World's Fourth Unhappiest Country
Zimbabwe has been ranked in position 134 out of 137 nations according to the latest World Happiness Report. Read more »
March 31, 2023
Zimbabwe: RBZ Says Increased U.S.$ Inflows Driving 70 - 30 Currency Mix
CONTRARY to speculation that widespread preference for the US$ is driving its local usage, the Reserve Bank of Zimbabwe Monetary Policy Committee (MPC) has instead pointed to the… Read more »
March 28, 2023
Zimbabwe: Belarus Hails Zimbabwe Relations - Signs MoU Covering 65 Events
Belarusian Minister of Foreign Affairs Sergei Aleinik has hailed bilateral relations with Zimbabwe which he said are aimed at developing of economic cooperation. Read more »
Zimbabwe: Former VP Mujuru Ordered to Settle U.S.$225K Debt From 2015
The Supreme Court has ordered former Vice President Joice Mujuru and her company, Ruzirun Investments to settle US$226 000 owed to farming equipment procuring company, Peppy Motors… Read more »
March 26, 2023
Zimbabwe: Miners Federation Distances Rushwaya From Circulating 'Gold Mafia' Documentary Audio
The Zimbabwe Miners Federation (ZMF) has distanced its president, Henrietta Rushwaya from an audio circulating on social media platforms disguised as a response to the recently… Read more »
March 24, 2023
Zimbabwe: POSB Unveils Co-Badged Debit and Prepaid Mastercard Cards Combining Dual Currency Usage
The People's Own Savings Bank (POSB) in partnership with Mastercard has unveiled prepaid and debit cards making it easier to transact in both domestic and international markets. Read more »
Zimbabwe: Zesa Workers Plot Crippling Nationwide Strike Over Unpaid Salaries
Embattled power utility, Zimbabwe Electricity Supply Authority's (ZESA) workers are set to embark on a crippling strike over wage related issues. Read more »
Zimbabwe: Woes Mount for Pervert Ex-CZI Boss - Loses Property Over Judgement Debt
It never rains but pours for former Confederation of Zimbabwe Industries (CZI) chief executive Farai Bwatikona Zizhou who was ordered by the High Court to pay his ex-personal… Read more »
March 21, 2023
Zimbabwe: Govt Awards Civil Servants 100 % Salary Increase - Soldiers and Police's Backdated to February
GOVERNMENT has reviewed upwards salaries of civil servants, members of parliament, independent commissions, grant-aided institutions and pensioners by 100%. Read more »
March 19, 2023
Zimbabwe: 'Gold Smuggler' Henrietta Rushwaya Set to Get Off the Hook
Zimbabwe Miners Federation President Henrietta Rushwaya, who was arrested in October 2020 for allegedly trying to smuggle gold out of the country, appears set to be acquitted due… Read more »
Zimbabwe: Country Remains Highest On Food Price Inflation Globally Says World Bank
Zimbabwe continues to lead the 10 countries with the highest food price rise globally despite a significant drop in its year-on-year food inflation, a World Bank report has… Read more »
March 18, 2023
Zimbabwe: UK-Based Marula Mining Set to Tap Into Zim's Lithium Resource
ENGLAND based mining investor, Marula Mining PLC - Haywards Heath has tabled plans to establish a new mining subsidiary in Zimbabwe which will focus on the fast growing battery… Read more »
March 15, 2023
Zimbabwe: Artisanal Miners Write to Mnangagwa Seeking Approval to Export Minerals Following Blanket Ban
Artisanal miners have written to President Emmerson Mnangagwa requesting a six-month suspension of government's ban on the export of base minerals. Read more »
Zimbabwe: RBZ Auction Allots U.S.$20 Million As Tobacco Sales Expected to Boost Liquidity
The Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction this week allotted a total US$20 million amid expectations that the commencement of the 2023 tobacco selling season will… Read more »