RBZ charges Ecocash directors for money laundering violations

Farai Mabeza HARARE - The Reserve Bank of Zimbabwe’s Financial Intelligence Unit (FIU) has brought charges under the Money Laundering and Proceeds of Crime Act...

Machakaire calls on youths to register for relief fund

Staff Writer Youth, Sport, Arts and Recreation Deputy Minister Tino Machakaire says youths must  register through his ministry to access start-up and relief funds which...

RBZ directs Steward Bank to limit payments into Ecocash Trust account

Farai Mabeza The Reserve Bank of Zimbabwe has ordered Steward Bank to limits payments into the Ecocash Mobile Money Trust accounts from third parties to...

Tobacco sales total US$59m in the first 15 days

HARARE - At least 26.4 million kilograms of tobacco worth US$59m have been sold so far since the start of tobacco selling season, statistics...

Zim needs fiscal support to meet testing and health facilities targets:...

HARARE – Zimbabwe Association of Doctors for Human Rights (ZADHR) says the country continues to lag behind in meeting its testing and health infrastructure...

FSCA temporarily suspends Ecsponent Financial Services’ licence

The Financial Sector Conduct Authority (FSCA) on Wednesday imposed a two-week suspension on the operations of Ecsponent Financial Services (EFS), which stands accused of...

We are on our own in fighting COVID-19 – Mangudya

Farai Mabeza Zimbabwe is battling to salvage its economy on its own in the wake of the COVID-19 pandemic after being excluded from the emergency...

Mash Holdings rent collections drop to 70% in April due to...

HARARE - Mashonaland Holdings says that the coronavirus-induced lockdown had seen rent collection levels drop to 70% from the average 95%. This comes as...

Money in Zimbabwean History: A Concise Currency Timeline

Early State-making and the historical foundations of Zimbabwe’s colonial monetary system: 1890-1900 Tinashe Nyamunda What is money in Zimbabwe? Given the contentious and dynamic experiences in...

Mother Touch School in online fees storm

Farai Mabeza Parents with children at private schools, who, after being bombarded with United States dollar demands for online learning, are feeling the pinch of...

Buyanga takes child custody battle to Supreme Court

Staff Writer Businessman Frank Buyanga has taken the fight for his son’s custody to the Supreme Court following a 16 April High Court order that...

Govt moves in to address Covid-19 procurement corruption

Sydney Kawadza Government has reacted swiftly to deal with potential corrupt activities in the procurement of locally produced Personal Protective Equipment in the fight against...

US$13.7m boost for Zim’s health system, anti-COVID-19 fight

Sydney Kawadza The Board of Directors of the African Development Bank has approved a $13.7 million grant to finance the COVID-19 response in Zimbabwe. According to...

Separation of accounts to nostro and RTGS invalid: High Court

Staff Writer HARARE – In a judgment, which could have potentially far-reaching implications over the conversion of USD bank balances to RTGS, the High Court...

Zimbabwe currency: Instability begets instability

Happi Zengeni/Tinashe Nyamunda Zimbabwe has spent at least half its fiscal existence using temporary cash, other people’s cash with additions, facing cash shortages, counterfeiting its...

COVID-19 response must target African agriculture and the rural poor

Olusegun Obasanjo and Hailemariam Desalegn Boshe ROME, Italy,  – Africa has so far escaped the worst health consequences of the COVID-19 pandemic. However, the continent...

Celebrating Kariba’s Diamond Jubilee on May 17

Jonathan Waters SUNDAY May 17 marks the 60th anniversary since Kariba Dam was officially opened by Her Majesty Queen Elizabeth, the Queen Mother. At 10:57am...

Buyanga seeks ED intervention

Xolisani Ncube Flamboyant businessman, Frank Buyanga has petitioned President Emmerson Mnangagwa to stop Police Commissioner-General Godwin Matanga from spreading falsehoods against him. The wealthy businessman said...

Corruption threatens local PPEs procurement

Sydney Kawadza Allegations of serious corruption activities among senior government officials could derail government’s efforts to rope in local industry to manufacture Personal Protective Equipment...

Gombera elected Marketing Director for Toastmasters in Southern Africa

HARARE – Joel Gombera, the Group Marketing Manager for CBZ Holdings was elected as the new Club Growth Director in District 74 (Southern Africa)...