Breaking News

ZB Bank runs out of cash

CHAOS rocked ZB Bank branches in most parts of the country between Friday and yesterday, as depositors refused to leave banking halls after failing to get their cash from both inside the bank and at i...Read more

ZB Bank runs out of cash

01 December 2015 | 1792 Views
CHAOS rocked ZB Bank branches in most parts of the country between Friday and yesterday, as depositors refused to leave banking halls after failing to get their cash from both inside the bank and at i...

by Staff reporter

ZTE to set up solar factory in Zimbabwe

01 December 2015 | 1983 Views
ZTE Corporation of China has plans to set up a solar equipment manufacturing plant after sealing a multi-million dollar solar energy deal with the Zimbabwe Power Company last month. The Chines...

by Staff reporter

Stanbic bank Zimbabwe introduces mortgage loans

01 December 2015 | 3625 Views
STANBIC Bank Zimbabwe has introduced home loans repayable up to 20 years to the market to enable potential homeowners in the country to realise their dream. The bank's head of personal and business ba...

by Brighton Gumbo

Telecel introduces Telecash bundles

30 November 2015 | 1717 Views
Telecel Zimbabwe has introduced Telecash bundles that allow subscribers to send money, cash out and pay bills at no charge once they have paid a once-off monthly fee of either $2.50 or $5.The ...

by Business Reporter

Smart home technology arrives in Zimbabwe

30 November 2015 | 3143 Views
Smart home technology enabling you to automate your home, using your smart phone to remotely control electronic devices, has arrived in Zimbabwe.Safeguard Alarms has introduced smart home tech...

by Business Reporter

GMB pays $67,8m to farmers

30 November 2015 | 622 Views
THE Grain Marketing Board (GMB) has cleared $67,8 million it owed to farmers for grain deliveries made between 2013 and this year. Announcing the 2016 national budget last week, Finance and Economic D...

by Oliver Kazunga

Fly Africa squabbles take new twist

30 November 2015 | 1566 Views
Local Fly Africa shareholders Nu Aero Pvt Limited, have accused their foreign partners, of externalising money from the business, in a sensational twist to squabbles that have rocked the...

by Staff reporter

Zimbabwe insurance firms accused of robbing policy holders

29 November 2015 | 2033 Views
PENSION and insurance players in Zimbabwe are not maintaining accurate and comprehensive data which allows for precise calculation of pension and insurance funds and member benefit entitlements....

by Staff reporter

Security company demands $186 000 from Pioneer Transport

28 November 2015 | 2395 Views
Peace Security Company (Private) Limited (Peace Security) has filed a $186 000 High Court lawsuit demanding the cash from Pioneer Transport (Private) Limited (Pioneer Transport).The two partie...

by Staff reporter

$6 million worth of Zimbabwe bond coins trigger widespread cheer

28 November 2015 | 2586 Views
Zimbabwean policymakers have revealed plans to pump $6 million worth of bond coins into the national economy, triggering widespread cheer.Reserve Bank of Zimbabwe governor John Mangudya introd...

by Staff reporter

Zupco imported buses still parked due to govt failure top pay duty

28 November 2015 | 2806 Views
The Zimbabwe United Passengers Company buses which were bought from abroad recently are still parked and unused because the government is still struggling to raise import duty.This emerged dur...

by Stephen Jakes

Kango products rocked by massive salaries slash

27 November 2015 | 2879 Views
WORKERS Treger Products (Pvt) Limited whose subsidiaries are Kango Products, Treger Plastics, Monarch Steel and Zimbabwe Grain Bag have been hard hit by massive employment grades reduction and salarie...

by Stephen Jakes

Turkish Airlines to start flights to Zimbabwe

26 November 2015 | 2447 Views
Turkish Airlines is expected to start flights to Zimbabwe next year once negotiations with aviation authorities are concluded, Turkish Ambassador to Zimbabwe Kadir Hidayet Eriş has said.Mr Hi...

by Munesu Nyakudya

Econet barred from increasing tariffs

25 November 2015 | 2819 Views
ECONET Wireless (Pvt) Ltd mobile subscribers got a reprieve after the Administrative Court stopped the firm's bid to increase tariffs as clients are already reeling from high charges. Econet wanted to...

by Fidelis Munyoro

Bond coins gain popularity as Rand weakens

24 November 2015 | 3371 Views
Some traders have stopped accepting the South African rand in favor of bond coins in Zimbabwe's multi-currency economy as the rand continues losing value against the U.S. dollar, according to a report...

by Dana Sanchez I AFKInsider newsletter

Econet shuts down, auctions subsidiary

24 November 2015 | 6095 Views
ECONET Wireless Global (EWG) has shut down and put on auction its water purifying company, Seldon Technologies, in a move blamed on negative economic performance. EWG is the holding company of the cou...

by Oliver Kazunga

Australia refuse to clear Zimbabwe to attend 2017 KPCS meetings

21 November 2015 | 2254 Views
Zimbabwe and Australia have reached a deadlock over the participation of the African country when the western nation assumes the Kimberly Process Certification Scheme (KPCS) chairmanship in 2017.&...

by Staff reporter

Lucky Telecel subscriber wins a house

19 November 2015 | 3365 Views
A lucky Telecel subscriber was presented with the keys to a brand new house after winning one of the three houses in Telecel's Win A House promotion which is offering three new houses as grand prizes ...

by Agencies

Steward Bank targets 250 000 new accounts

19 November 2015 | 3151 Views
Steward Bank is opening at least 200 new accounts per day and is targeting 250 000 new accounts as it rolls out more agency banking outlets aimed at reducing costs. This comes as the bank ...

by Staff reporter

Telecel Zimbabwe sold to government's Zarnet

18 November 2015 | 3215 Views
VimpelCom today announced that its 51.9%...

by Staff reporter

Bulawayo Chicken Inn drive-through under construction

17 November 2015 | 3079 Views
INNSCOR'S fast foods division has invested $900,000 in setting up a Chicken Inn drive-through service in Bulawayo.The new outlet is under construction and will be opened next month, Innscor ma...

by Brighton Gumbo

Bulawayo lobbies for bond market headquarters

16 November 2015 | 3109 Views
AS efforts to revive the bond market in Zimbabwe gather moment, Bulawayo businesses are lobbying that the debt market be headquartered in the second largest city.A bond market is a regulated f...

by Prosper Ndlovu

ZB Holdings to push up the uptake of its cluster houses

16 November 2015 | 1569 Views
ZB Financial Holdings Limited is seeking partnerships with real estate agents to push up the uptake of its cluster houses in Hatfield. The housing units range between $122 000 to $135 000 acce...

by Staff reporter

CCZ ask Zera to allow street corners gays dealers

16 November 2015 | 2597 Views
Despite the alarming rates of gas cylinders explosions on the residential and business central districts which sometime inure the people, Consumer Counsel of Zimbabwe has said the street corner gas de...

by Stephen Jakes

Econet disconnects 1 million subscribers

16 November 2015 | 4802 Views
The country's largest mobile operator, Econet Wireless Zimbabwe, has disconnected one million unregistered lines.The lines were disconnected last week.Sources privy to the goings-on sa...

by Lovemore Meya

Cimas opens dental clinic in Milton Park

13 November 2015 | 2138 Views
Cimas Medical Aid Society has opened a dental clinic in Harare's Milton Park suburb. It is the first such clinic to be opened by Cimas, which operates nine primary healthcare clinics in different ...

by Staff Reporter

Safeguard Bulawayo comes tops in Megafest Business Awards

13 November 2015 | 1150 Views
Safeguard Bulawayo was presented with the 2015 Business Excellence Award at the Bulawayo and Southern Region Megafest National Business Awards. The company's managing director for the Bulawayo...

by Mike Hamilton

PepsiCo franchisees sets up base in Zimbabwe

13 November 2015 | 3498 Views
A ground breaking ceremony for a beverages factory to be set up in Zimbabwe has been held in Harare's Adbernie light industries area.Work on the beverage manufacturing plant initiated by Varun...

by Staff reporter

Govt, NSSA in tussle over Vimpelcom 60% shares in Telecel

13 November 2015 | 2310 Views
Zimbabwe government was recently engaged in hot tussle with the National Social Security Authority (NSSA) over the Vimpelcom 60% shares which were up for grabs in the Telecel Zimbabwe Company....

by Stephen Jakes

Zimbabwe government takes over Telecel

13 November 2015 | 2991 Views
Government has seized control of Telecel Zimbabwe after concluding a $40 000 million deal to take over the country's third largest mobile operator by buying out international telecommunications gi...

by Staff reporter

Zimbabwe business rejects SA rand

13 November 2015 | 3576 Views
SOME businesses in Bulawayo and Gweru are no longer accepting South African rands due to its continued weakening against the United States dollar. The development has created inconveniences fo...

by Pamela Shumba and Patrick Chitumba

Declining volumes dent Delta's profits

12 November 2015 | 1399 Views
Beverages producer Delta Corporation has reported a 19 percent decline in after tax profit to $35,7 million for the half-year to September 30 on the back of declining volumes across all its segments....

by Staff reporter

Samsung sets base in Zimbabwe

12 November 2015 | 3747 Views
International electronic firm, Samsung, has begun production of television and refrigerator sets in Zimbabwe. The company's country manager, Gavin Claire, confirmed the development but cou...

by Staff reporter

South African lender Nedbank expands its footprint in Zimbabwe

11 November 2015 | 3959 Views
South African lender Nedbank is expanding its footprint in Zimbabwe, despite the economic turbulence, which the company is sizing up to determine if it can avail more funding facilities for on-lending...

by Tawanda Karombo

Telecash subscribers to receive money instantly and directly from diaspora

10 November 2015 | 2647 Views
Telecel Zimbabwe has announced that it has been granted authority by RBZ to receive incoming international remittances directly into subscribers' Telecash wallets and will be working with Mukuru to im...

by Staff Reporter

BCC to host SA business delegation

09 November 2015 | 2267 Views
Bulawayo City council will this year host a delegation from South Africa to explore opportunities for business engagement with the neighbouring nation.This was revealed through the latest coun...

by Stephen Jakes

South African rand kicked out of Zimbabwe

08 November 2015 | 14513 Views
The South African rand is being elbowed out of the market on the backdrop of its depreciation against the United States dollar.The rand is part of the multicurrency regime embraced by governme...

by Staff reporter

Zimbabwe retail outlets reject rand coins

08 November 2015 | 2936 Views
THE country's monetary authorities - the Reserve Bank of Zimbabwe - last week noted that they currently hold bond coins worth $1 million in their vaults and the money can easily be deployed in the mar...

by Africa Moyo and Darlington Musarurwa

Choppies Zimbabwe to open 5 more stores by year-end

06 November 2015 | 3986 Views
Retail giant Choppies Enterprises Zimbabwe says it is targeting to open five more supermarkets across the country before yearend.The group opened two supermarkets in Warren Park and Mabvuku th...

by Funny Hudzerema

Khaya Moyo urges private sector to leverage on call centres to create jobs

06 November 2015 | 2163 Views
Government has called upon the private sector to invest in call centres so as to create more jobs within the economy.A call centre is basically a facility that is equipped to handle large amou...

by Staff reporter

Toyota recalls 85 cars from Zimbabwe over defects

06 November 2015 | 3523 Views
Toyota Zimbabwe is set to recall 85 units that have been found to have the glitch plaguing the car giant across the globe. This comes following a global recall of 6,5 million vehicles, mad...

by Staff reporter

Potraz to review licensing framework

06 November 2015 | 768 Views
The Postal and Telecommunications Regulatory Authority of Zimbabwe says the current service specific licensing framework is being reviewed because the obsolete regime stifles growth of the industr...

by Staff reporter

Masawara rakes in $6.1m profit

06 November 2015 | 1275 Views
Investment company, Masawara Plc, said first half profits increased by 38.6 percent to $6.1million from $4.4 million due to a stellar performance by its subsidiary TA Holdings Limited. The...

by Staff reporter

French oil giant injects $20 million into Zimbabwe

05 November 2015 | 3075 Views
French Oil and gas company Total Zimbabwe has invested more than US$20 million over the last three years to strengthen its business in Zimbabwe. The company's managing director Chris Onkon...

by Staff reporter

Econet to discontinue its philanthropic project

05 November 2015 | 3963 Views
ECONET will discontinue its philanthropic project to train young people in computer skills before the company has barely achieved half the initial set objectives due to budgetary concerns.At l...

by Staff reporter

RBZ has enough bond coins: Mangudya

04 November 2015 | 2261 Views
Reserve Bank of Zimbabwe Governor John Mangudya says the central bank has enough bond coins to cater for increased demand due to the cross-rating of rand coins. This comes as the Passenger...

by Staff reporter

Jericho becomes Zimbabwe's first ever $15 million agency

03 November 2015 | 3766 Views
We are delighted to announce that our Agency has now become the first ever Zimbabwean agency in history to breach the US$15 million mark in billings with two months to go to the end of the year....

by Staff reporter

flyafrica Namibia Launches Windhoek-Cape Town!

03 November 2015 | 1957 Views, Africa's Low Fare Airline, successfully launched its inaugural Windhoek to Cape Town flight on Monday 2 November with the on time departure of N6 347 from Windhoek at 10:55AM. The retur...

by Staff Reporter

Telecel hauls three awards at Service Excellence Awards ceremony

03 November 2015 | 1584 Views
Telecel Zimbabwe has won three awards during the recent Contact Centre Association of Zimbabwe, CCAZ, Service Excellence Awards, the awards were for 1st prize Customer Service Executive of the Year, 1...

by Staff Reporter

Former employee accuses OK stores of refusing to pay him his dues

03 November 2015 | 3017 Views
A former till operator with the Ok Zimbabwe Stores in Bulawayo has accused the chain store for refusing to pay him  his outstanding packages after he resigned from work.The former worker,...

by Stephen Jakes

News Updates


Latest News

Zim Achievers 2016 nominations open ahead of the New Year - THE Zimbab...

by Staff Reporter | 01 December 2015 | 167 Views

Last year Oppah helped Grace 'baby dump' Mujuru she got a tearful reward!

by Wilbert Mukori | 01 December 2015 | 419 Views

War veterans demand open discussion on Mugabe succession - Some war ve...

by Loirdham Moyo | 01 December 2015 | 494 Views

MDC-T youth escapes abduction - A youth leader and Hurungwe West ward ...

by Chris Gande | 01 December 2015 | 332 Views

'It's now or never for Zimbabweans' - With President Robert Mugabe's p...

by Staff reporter | 01 December 2015 | 384 Views

Zimbabweans told to stand ready for President Grace Mugabe

by Staff reporter | 01 December 2015 | 600 Views

Juul promises to unite Zimbabweans through football - ZIFA presidentia...

by Staff reporter | 01 December 2015 | 849 Views

Mnangagwa allies calls for G-40 expulsion - ZANU-PF political commissa...

by Staff reporter | 01 December 2015 | 2060 Views

Murderer confesses - A suspected notorious criminal, who was arrested...

by Staff reporter | 01 December 2015 | 2039 Views

What will stop ZESA from concocting another dubious reason to fleece u...

by M.T. Dube | 01 December 2015 | 734 Views

Megaphone diplomacy on deals harmful - China is undisputedly our great...

by John Sigauke | 01 December 2015 | 614 Views

ZB Bank runs out of cash

by Staff reporter | 01 December 2015 | 1792 Views

Bulawayo City Council must respect our culture - Mthwakazi

by Stephen Jakes | 01 December 2015 | 1052 Views

Mnangagwa prospects of succeeding Mugabe on the balance - Vice Preside...

by Staff reporter | 01 December 2015 | 2038 Views

Hailstorm destroys 10 schools in Mat South - At least 10 schools in Bu...

by Staff reporter | 01 December 2015 | 1627 Views

Chinese President Xi Jinping touches down in Zimbabwe

by Staff reporter | 01 December 2015 | 1763 Views

Mugabe, Malema: The lions of Africa - DOES Africa have artificial hum...

by Mutumwa Mawere | 01 December 2015 | 2594 Views

Advocate Steve Nkiwane is no more - Zapu (SA)

by Zapu RSA Province | 01 December 2015 | 3147 Views

ORAP donates to schools in Nkayi - Children need to be motivated to wo...

by Bongiwe Nkomazana - ORAP | 01 December 2015 | 1009 Views

Entertainment galore at Zanu-PF People's Conference - Ten groups from ...

by Leonard Ncube | 01 December 2015 | 1889 Views

ZTE to set up solar factory in Zimbabwe - ZTE Corporation of China has...

by Staff reporter | 01 December 2015 | 1983 Views

Zanu-PF, MDC-T share $6 million - ZANU-PF and MDC-T will share $6 mill...

by Zvamaida Murwira | 01 December 2015 | 2422 Views

Police arrest, detain five human rights activists in Harare - Police i...

by Stephen Jakes | 01 December 2015 | 1324 Views

Minister, MP in near fist fight

by Patrick Chitumba | 01 December 2015 | 3805 Views

Stanbic bank Zimbabwe introduces mortgage loans - STANBIC Bank Zimbabw...

by Brighton Gumbo | 01 December 2015 | 3625 Views

Pensioners pay dates moved again - THE government has moved pay dates ...

by Staff reporter | 01 December 2015 | 1994 Views

High Court stops cops hearings - The Bulawayo High Court has stopped p...

by Mashudu Netsianda | 01 December 2015 | 1617 Views

Bulawayo gets first solar traffic light

by Whinsley Masara | 01 December 2015 | 2069 Views

'Minister a dog' war vet in court - A GWANDA war veteran has been arre...

by Marvelous Moyo | 01 December 2015 | 1945 Views

Chinese billionaire to explore opportunities in Bulawayo - CHINESE bil...

by Innocent Ruwende | 01 December 2015 | 1384 Views


Tokwana dance group continues to shine - The Tokwana cultural dance gr...

by Staff reporter | 01 December 2015 | 548 Views

Zimbabwean comedian launches his new late night show

by Staff reporter | 01 December 2015 | 1502 Views

Bulawayo rapper guns for 7 Awards - The announcement of the 2015 Zimba...

by Showbiz Correspondent | 01 December 2015 | 1250 Views

Black Opal Face of Zimbabwe search begins - The search for Black Opal ...

by Showbiz Reporter | 01 December 2015 | 651 Views

Zahara to launch new album 'Country Girl' in Zimbabwe - South African ...

by Arts Correspondent | 01 December 2015 | 743 Views

Diana Ross's daughter Tracee Ellis Ross joins her on stage at Vegas

by Stephen Jakes | 30 November 2015 | 1496 Views

DJ Sticha drops a national anthem 'Ndiyoyika', sends fans in SA into f...

by Stephen Jakes | 30 November 2015 | 1857 Views

DJ Sticha produced a scintillating hit track for Team Bulawayo

by Stephen Jakes | 29 November 2015 | 1783 Views