Search / Valuation
MPs demand answers on Mnangagwa cash schemes
Lawmakers have called for a ministerial statement from Finance Minister Mthuli Ncube regarding the funding sources and the criteria used for selecting beneficiaries of various presidential support sch...Published: 21 Apr 2025 at 09:07hrs | 1932 | by Staff reporter
Baby swap scandal at United Bulawayo Hospitals demands urgent action
The shocking allegations of a baby swap that reportedly occurred on October 10, 2024, at United Bulawayo Hospitals (UBH) have rightfully sparked outrage and unease across the country. The very idea th...Published: 20 Apr 2025 at 19:18hrs | 478 | by Staff reporter
Belarus to establish bus and tractor assembly plant in Zimbabwe
Belarus is set to establish a bus and tractor assembly plant in Zimbabwe by December 2025, further cementing the growing ties between the two nations. This announcement was made by Mr Pearson Chigiji,...Published: 16 Apr 2025 at 23:18hrs | 135 | by Staff reporter
Mnangagwa swears in 2 new ministers
President Emmerson Mnangagwa yesterday swore in two newly-appointed ministers at State House in Harare, who immediately pledged their commitment to fulfilling the national Vision 2030 agenda of creati...Published: 16 Apr 2025 at 23:13hrs | 227 | 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 | 79 | by Staff reporter
Zimpapers faces US$13 million scandal amid Audit revelations
A shocking internal audit at Zimbabwe Newspapers (1980) Ltd (Zimpapers), the country's largest and oldest media conglomerate, has uncovered a potential US$13 million misappropriation of funds, raising...Published: 14 Apr 2025 at 12:57hrs | 1761 | 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 | 628 | by Staff reporter
China orders its banks to avoid buying dollars
The PBOC has reportedly issued informal "window guidance" to major state-owned banks this week, essentially instructing them to avoid buying dollars for their own accounts. China's Central Bank also d...Published: 09 Apr 2025 at 21:37hrs | 967 | by Staff reporter
Zimbabwe farmers displaced by new city compensated
The Zimbabwean Government has initiated the compensation process for over 300 farmers whose land was repossessed for the development of the new city in Mt Hampden, with five farmers already receiving ...Published: 06 Apr 2025 at 11:33hrs | 1000 | 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
Potraz dismisses allegations of irregular ISP Licence award as 'baseless'
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has dismissed allegations of irregularities in awarding an Internet Service Provider (ISP) licence to IMC Communications, ca...Published: 02 Apr 2025 at 15:45hrs | 103 | by Staff reporter
US$400,000 tender lands ex-Harare officials in court
TWO former senior City of Harare officials were yesterday arraigned before the court to answer to a criminal abuse of office charge involving a fraudulent US$465 290 tender award for the Mbare Biogas ...Published: 02 Apr 2025 at 08:56hrs | 149 | 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 | 237 | by Staff reporter
Zinara, villagers on collision course over trenches
The Zimbabwe National Road Administration (Zinara) has drawn the ire of villagers near the Lutumba tollgate after the road authority began trenching traditional roads and paths to prevent motorists fr...Published: 14 Mar 2025 at 06:58hrs | 748 | by Staff reporter
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 | 70 | by Dr Bekithemba Mpofu
Chimombe falls sick, trial postponed
Jailed businessman Mike Chimombe failed to appear for trial on Monday in a case where he is accused of defrauding the state of US$7 million under the Presidential Goats Scheme.According to a m...Published: 24 Feb 2025 at 17:46hrs | 1523 | 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 | 1959 | by Staff reporter
Zimbabwe eyes hosting 5th Intra-Africa Trade Fair in 2027
Zimbabwe has expressed optimism about hosting the 5th Intra-Africa Trade Fair (IATF) in 2027, pending the results of an ongoing evaluation process, NewsDay has learned.This was revealed by Ind...Published: 13 Feb 2025 at 06:31hrs | 122 | by Staff reporter
Zimbabwe isn't yet ready for a sole currency, finance chief says
Zimbabwe's Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines before it can adopt the ZiG as its sole currency."We need a few things in place...Published: 12 Feb 2025 at 15:00hrs | 404 | by Staff reporter
Zimbabwe govt launches one-stop centre for title deed issuance
The Government has established a one-stop centre to expedite the issuance of title deeds for landholders, streamlining the process and enhancing land tenure security and productivity in Zimbabwe....Published: 10 Feb 2025 at 06:36hrs | 497 | by Staff reporter
Chimombe, Mpofu trial set for March 24
The State, led by prosecutor Anesu Chirenje, has confirmed that it is ready to kickstart the trial of Zanu-PF central committee member Mike Chimombe and his business partner Moses Mpofu, who are facin...Published: 08 Feb 2025 at 12:46hrs | 121 | by Staff reporter
Promising findings from Gwanda mining claims
Canadian mining company Pambili Natural Resources Corporation has revealed promising findings from its London Wall group of gold mines and claims in the Gwanda district of Matabeleland South, Zimbabwe...Published: 07 Feb 2025 at 06:37hrs | 308 | by Staff reporter
Harare councillors push for Town Clerk's assistant to be fired
Harare city councillors have reportedly resolved to dismiss Matthew Marara, the executive assistant to the town clerk, amid allegations that he exposed irregularities during testimony before the ongoi...Published: 06 Feb 2025 at 15:52hrs | 191 | by Staff reporter
Zimra busts car import racket at Victoria Falls Border Post
The Zimbabwe Revenue Authority (Zimra) has uncovered a corruption syndicate involving three customs officers based at the Victoria Falls Border Post, accused of facilitating the illegal importation of...Published: 06 Feb 2025 at 07:19hrs | 260 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 172 | by Staff reporter
Suspended Harare town clerk faces fresh charges
Suspended City of Harare Town Clerk, Hosiah Chisango, is facing fresh corruption charges following concerns raised over his recent acquittal in a high-profile case involving the award of a US$9 millio...Published: 05 Feb 2025 at 11:57hrs | 107 | by Staff reporter
Former Zimbabwean CIO boss recounts near-fatal helicopter crash
Former Zimbabwean Central Intelligence Organisation (CIO) Director-General Happyton Bonyongwe has revealed that he narrowly escaped death in a helicopter crash in Manicaland province in May 2007. Bony...Published: 02 Feb 2025 at 10:32hrs | 3019 | 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 | 1338 | by Staff reporter
Bosso financial woes exposed
Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challe...Published: 27 Jan 2025 at 08:20hrs | 218 | by Staff reporter
Chimombe, Mpofu in another bid for freedom
High Court judge, Justice Benjamin Chikowero, is set to deliver his ruling on January 23 in a matter where business partners Moses Mpofu and Mike Chimombe are seeking bail in a case accusing them of d...Published: 20 Jan 2025 at 10:21hrs | 146 | by Staff reporter
ZiG scarcity has eased exchange rate depreciation
The limited availability of Zimbabwe Gold (ZWG) currency has helped ease exchange rate depreciation on the parallel market, although US dollar demand pressures have continued to push premiums higher t...Published: 16 Jan 2025 at 07:17hrs | 3102 | by Staff reporter
'Zimbabwe banks can't seize farmers' land'
The introduction of bankable title deeds for State-owned land will not result in financial institutions seizing control of land or reverse the gains of Zimbabwe's Land Reform Programme, according to M...Published: 16 Jan 2025 at 07:04hrs | 506 | by Staff reporter
Innocent Mpoki, Zimbabweans do not deserve academic insults
Whoever read your today's article on Bulawayo24 is wondering on what planet you live on. I realized you live in USA: The hardships Zimbabwean are going through in that hellhole in Zimbabwe, you have n...Published: 15 Jan 2025 at 21:23hrs | 982 | by Nomazulu Thata
'Banks can't seize farmers' land,' says Tagwirei
The recently introduced bankable deeds for state-owned land will not result in banks seizing control of large tracts of land, or in a de facto or de jure reversal of the Land Reform Programme....Published: 15 Jan 2025 at 20:05hrs | 1005 | by Paul Ndou
Chimombe, Mpofu request rejected
Business partners Mike Chimombe and Moses Mpofu faced a legal setback yesterday as their application for refusal of further remand on fraud charges was dismissed by Harare regional magistrate Mr. Taur...Published: 14 Jan 2025 at 13:55hrs | 158 | by Staff reporter
Chief Justice Malaba says democracy depends on public trust in courts
Zimbabwe's Chief Justice Luke Malaba has called for stronger collaboration among stakeholders to build public confidence in the judiciary, emphasizing this as essential for sustaining democracy and up...Published: 13 Jan 2025 at 17:26hrs | 630 | by Staff reporter
Zimbabwe teachers not ready for January schools opening
As Zimbabwean schools prepare to reopen on January 14 for the first term, teachers' unions have voiced serious concerns over educators' readiness, citing financial incapacitation and resource shortage...Published: 11 Jan 2025 at 18:44hrs | 12918 | by Staff reporter
'King Munhumutapa' denied bail
Harare Magistrate Isheunesu Matova on Wednesday denied bail to Timothy Chiminya, a man claiming to be "King Munhumutapa" with alleged powers to appoint and dethrone traditional chiefs in Zimbabwe. Mat...Published: 11 Jan 2025 at 18:38hrs | 715 | by Staff reporter
Time to rename Zimbabwe's Provincials
Forty-five years on, Zimbabwe, formerly Southern Rhodesia, gained independence in 1980 after a protracted struggle against colonial rule. The names of provinces and regions, however, remain a lingerin...Published: 11 Jan 2025 at 10:13hrs | 796 | by Jacob Kudzayi Mutisi
If ZANU-PF regime cracked down on gold smugglers as they do small businesses, Zimbabwe would prosper
This morning, while in town, I had a fascinating encounter with a lady entrepreneur who owns a small clothing business. After recognizing me as the author of articles she regularly reads, she ...Published: 09 Jan 2025 at 08:33hrs | 478 | by Tendai Ruben Mbofana
Zimbabwe govt clarifies retirement age extension
The Zimbabwean government has extended the retirement age for civil servants and members of the uniformed forces by five years, citing the need to utilize their expertise and address the country's inc...Published: 01 Jan 2025 at 10:14hrs | 848 | by Staff reporter
Man arrested for demanding to see Mnangagwa
A 40-year-old Harare man, Felix Togaraseyi Magureyi, has been arrested for the second time this year after attempting to force his way into State House on December 23, demanding to see President Emmer...Published: 29 Dec 2024 at 08:53hrs | 1288 | by Staff reporter
Tongaat Hulett to sell Zimbabwe operations in ZAR5.9 billion deal
South African agriculture and agri-processing giant, Tongaat Hulett Limited (THL), has announced its decision to offload its Zimbabwe operations to the Vision Group, a South African investment consort...Published: 29 Dec 2024 at 08:49hrs | 1104 | by Staff reporter
Why ACKO Drive is India's Most Trusted Car-Buying Platform
With multiple car-buying platforms, finding a service that combines convenience, transparency, and trust can be challenging. Enter the online platform ACKO Drive, designed to make the entire process s...Published: 24 Dec 2024 at 12:06hrs | 99 | by Staff Reporter
ZCTU declares 2024 'annus horribilis' for workers, govt showdown looms
The Zimbabwe Congress of Trade Unions (ZCTU) has sharply criticized the government for what it describes as an "annus horribilis" for workers, outlining a series of grievances that have left the labor...Published: 23 Dec 2024 at 05:54hrs | 608 | by Staff reporter
Tshabangu's MPs question validity of Mutapa Investment Fund valuation
Opposition parliamentarians have raised concerns over the validity of the Mutapa Investment Fund's (MIF) asset valuation, pointing to discrepancies between the reported US$16 billion valuation and ear...Published: 22 Dec 2024 at 11:13hrs | 801 | by Staff reporter
Mental exam for 'King Munhumutapa'
A man who claims to be King Munhumutapa has found himself in legal trouble for allegedly dethroning chiefs appointed by President Emmerson Mnangagwa. Timothy Chiminya, who appeared before Harare magis...Published: 19 Dec 2024 at 16:49hrs | 299 | by Staff reporter
King Munhumutapa to Spend Xmas, New Year Behind Bars
Self-imposed King Munhumutapa Timothy Chiminya, who was arrested on Monday, will spend Christmas and New Year behind bars after being committed to remand prison for a mental health evaluation by...Published: 19 Dec 2024 at 09:27hrs | 1385 | by Dickson Bandera
Marula Mining ceases Zimbabwe operations
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe...Published: 16 Dec 2024 at 13:55hrs | 2114 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 193 | by Staff reporter
Load More Stories