POLITICS

Police arrest another suspect in $4m Bulawayo bank robbery

Police have announced the arrest of a third suspect linked to the high-profile $4 million bank robbery that took place in Bulawayo last October, marking a significant breakthrough in the investigation...

By Staff reporter | Published: 10 hours ago

BUSINESS NEWS

Police officers in uniform banned from betting shops

Police officers in uniform are strictly prohibited from entering betting shops or gambling in casinos in Zimbabwe, national police spokesperson Commissioner Paul Nyathi has revealed.Comm Nyathi made t...

By Staff reporter | Published: 14 July 2025

ECONOMC INDICATORS

Zimbabwe central bank reports drop in inflation

The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...

By Staff reporter | Published: 10 July 2025

BUSINESS NEWS

Zimbabwean consumers failing to secure loans from banks

Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...

By Staff reporter | Published: 08 July 2025

POLITICS

CCC abandoned Sikhala during jail time

In a dramatic and emotional moment during the Bulawayo launch of Job Sikhala's memoir, "Footprints in the Chains – The Life Story of Job Sikhala," Citizens Coalition for Change (CCC) legislator for ...

By Staff reporter | Published: 08 July 2025

FINANCIAL SERVICES

Zimbabwe women's bank opens 11 000 accounts in 2024

The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...

By Staff reporter | Published: 08 July 2025

BUSINESS NEWS

Security guard arrested in Ecobank cash heist probe

Police have made a breakthrough in Zimbabwe's largest-ever cash heist, arresting a suspect linked to the dramatic US$4 million robbery at an Ecobank branch in central Bulawayo last year.Bulawayo polic...

By Staff reporter | Published: 04 July 2025

BUSINESS NEWS

ZB major shareholder blocks Ernst & Young appointment

ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...

By Staff reporter | Published: 04 July 2025

BUSINESS NEWS

Zimbabwe strike investment, trade deals at Afreximbank meeting

Zimbabwean business leaders and economic policy figures who attended the recent African Export-Import Bank (Afreximbank) Annual Meetings in Abuja, Nigeria, say the event yielded significant benefits i...

By Staff reporter | Published: 02 July 2025

SOCCER

Dynamos avert Fifa transfer ban

Dynamos Football Club have avoided a potentially crippling FIFA transfer embargo after clearing outstanding payments owed to their former Ghanaian players, Emmanuel Paga and Fredrick Ansa-Botchway.Thi...

By Staff reporter | Published: 02 July 2025

FINANCIAL SERVICES

Stanbic Bank Zimbabwe, MSU unveils scholarship programme

Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...

By Staff reporter | Published: 01 July 2025

FINANCIAL SERVICES

ZB Bank secures US$5 million Afreximbank facility

ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...

By Staff reporter | Published: 30 June 2025

AFRICA BUSINESS

Dr Elombi appointed new Afreximbank President

Shareholders of the African Export-Import Bank (Afreximbank) have appointed George Elombi as the new President and Chairman of the Board of Directors of the continental financial institution, marking ...

By Staff reporter | Published: 28 June 2025

POLITICS

Smugglers abandon vehicle, contraband in police chase

Police in Manicaland have impounded an abandoned Honda Fit packed with smuggled bales of second-hand clothes following a high-speed chase involving an anti-smuggling crack team on June 23, 2025.The ve...

By Staff reporter | Published: 28 June 2025

BUSINESS NEWS

Zimbabwe bank heist now treated as attempted robbery

What was initially reported as a major armed robbery in Mt Darwin, in which US$700,000 and 2.4 kilogrammes of gold were allegedly stolen, is now being treated as an attempted robbery, the Zimbabwe Rep...

By Staff reporter | Published: 27 June 2025

BUSINESS NEWS

Zimbabwe banks process R6bn via regional payment systems

Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, ma...

By Staff reporter | Published: 27 June 2025

BUSINESS NEWS

Zimbabwe central bank increases ZiG liquidity to ZWG2bn

The Reserve Bank of Zimbabwe (RBZ) has raised the daily Zimbabwe Gold (ZiG) liquidity in the market from ZWG1.5 billion to ZWG2 billion in a move aimed at easing concerns over currency shortages and b...

By Staff reporter | Published: 27 June 2025

POLITICS

Jabulani Sibanda slams tribalism as 'nation-killer'

ZANU-PF Bulawayo Provincial Chairperson Jabulani Sibanda delivered a powerful rebuke of tribalism on Wednesday, warning that the persistent scourge is tearing Zimbabwe apart and undermining national d...

By Staff reporter | Published: 26 June 2025

POLITICS

Mnangagwa, Tshabangu host councillors in Bulawayo

President Emmerson Mnangagwa and self-imposed Citizens Coalition for Change (CCC) interim secretary-general Sengezo Tshabangu are set to hold separate meetings with councillors from across Zimbabwe to...

By Staff reporter | Published: 26 June 2025

POLITICS

Mzembi returns with a whimper, not a bang

After years of silence and self-imposed exile, former cabinet minister Walter Mzembi has quietly returned to Zimbabwe - a development that has generated more speculation than substance in the politica...

By Staff reporter | Published: 20 June 2025

FINANCIAL SERVICES

Zimbabwe rebuilds correspondent banking ties

The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...

By Staff reporter | Published: 19 June 2025

MINING & RETAIL

Zimbabwe to ban export of lithium concentrates

Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...

By Staff reporter | Published: 11 June 2025

FINANCIAL SERVICES

ZBFH to surrender building society licence by year-end

Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...

By Staff reporter | Published: 11 June 2025

FINANCIAL SERVICES

Nedbank Zimbabwe wins US$2m Supreme Court case

The Supreme Court has thrown out an appeal by Israel-based firm Magic Software Enterprises Limited, which had sought to overturn a High Court decision that ruled nearly US$2 million held in a Nedbank ...

By Staff reporter | Published: 10 June 2025

AFRICA BUSINESS

Ramaphosa gets a R26.5bn World Bank loan

The World Bank has approved a $1.5 billion (approximately R26.5 billion) loan to support structural reforms aimed at boosting South Africa's infrastructure.The Washington-based lender said in a state...

By Staff reporter | Published: 10 June 2025
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