POLITICS

Mnangagwa advisor's cash divides Zanu-PF

Zanu-PF's Manicaland province has been plunged into internal contestation as senior figures and political factions jostle to fill a vacant central committee seat, with accusations emerging that presi...

By Staff reporter | Published: 07 December 2025

POLITICS

Mnangagwa donates vehicles and cash

President Emmerson Mnangagwa yesterday handed over 21 vehicles and substantial cash donations to the Zanu-PF Women's League and its affiliate, Young Women for Economic Development (Young Women4ED), i...

By Staff reporter | Published: 07 December 2025

BUSINESS NEWS

Zinara introduces cashless tolling

Zimbabwe's transport modernisation programme has gathered pace as the Zimbabwe National Road Administration (Zinara) speeds up nationwide deployment of its cashless tolling system, a development expec...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

Mthuli Ncube to tax US dollar cash withdrawals

Treasury has proposed a new progressive tax on foreign currency cash withdrawals, a move that has drawn immediate criticism from the financial sector for potentially discouraging formal banking. The p...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Punitive tax driving Zimbabwe into cash economy

Zimbabwe's business community has issued an unprecedented warning to Finance Minister Mthuli Ncube, saying the country's punitive tax system, particularly the 2% Intermediated Money Transfer Tax (IMT...

By Staff reporter | Published: 07 November 2025

POLITICS

Mnangagwa hands over car, cash and house to Comic Elder

In a real-life comedy twist that proves truth can be funnier than fiction, celebrated comedian Leroy "Comic Elder" Zaware drove away from State House yesterday with more than just punchlines - he left...

By Staff reporter | Published: 26 October 2025

BUSINESS NEWS

Zimbabwe's fading card in cashless world

WHEN Fungai Moyo lands at Robert Gabriel Mugabe International Airport after a business trip to Johannesburg, he experiences a financial jolt.His iPhone, seamlessly used for Apple Pay transactions in S...

By Staff reporter | Published: 19 October 2025

BUSINESS NEWS

Investors cash in big on Mosi-oa-Tunya gold coins

Launched in July 2022, Zimbabwe's Mosi-oa-Tunya gold coin - named after Victoria Falls, "The Smoke That Thunders" - has rapidly become a symbol of financial empowerment, attracting both local and inte...

By Staff reporter | Published: 07 October 2025

POLITICS

Chiwenga fell out with Chivayo over unfulfilled cash promises

Former Zanu-PF MP Temba Mliswa has sensationally alleged that Vice President Constantino Chiwenga's recent push to have businessman Wicknell Chivayo arrested is rooted in personal disputes rather than...

By Staff reporter | Published: 30 September 2025

POLITICS

Zanu-PF bigwigs trapped with cash, cars

Zanu-PF provincial chairpersons are reportedly being courted with luxury vehicles and cash as part of efforts to secure endorsement for extending President Emmerson Mnangagwa's term of office at the r...

By Staff reporter | Published: 17 September 2025

BUSINESS NEWS

Cash dependency threatens Zimbabwe's digital economy goals

Banking experts have warned that Zimbabwe's heavy reliance on cash is undermining the country's push towards a digital economy, despite widespread mobile penetration and modern payment infrastructure....

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Mukuru runs out of cash

Hundreds of recipients of diaspora remittances in Masvingo were left stranded on Monday after Mukuru, Zimbabwe's largest international money transfer agent, temporarily ran out of cash.Beneficiaries w...

By Staff reporter | Published: 03 September 2025

POLITICS

Residents urge police to prioritise safety over cash

Bulawayo residents have called on police to put the protection of lives ahead of revenue collection, accusing officers of focusing more on areas where fines can be easily collected than on crime hotsp...

By Staff reporter | Published: 18 August 2025

FINANCIAL SERVICES

RBZ pushes for ZiG cash access via ATMs

The Reserve Bank of Zimbabwe (RBZ) has mandated all commercial banks to ensure the full distribution of Zimbabwe Gold (ZiG) cash through automated teller machines (ATMs) by the end of September 2025, ...

By Staff reporter | Published: 11 August 2025

POLITICS

Cash flow constraints hamper devolution funding

Finance Minister Professor Mthuli Ncube has attributed the government's failure to meet the constitutionally mandated five percent allocation of national revenue towards devolution to cash flow constr...

By Staff reporter | Published: 29 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

Online investment scam backfires for EcoCash agents

An attempt to make quick profits through an online investment scheme ended disastrously for two Mutare women who were convicted of fraud after misusing their employer's US$1,500. The crime came to lig...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

EcoCash launches Ziyawa promotion with over 200,000 prizes

EcoCash has officially launched the seventh edition of its popular ChakaChaya/Ziyawa neEcoCash promotion, offering more than 200,000 customers the chance to win prizes that range from household applia...

By Staff reporter | Published: 23 June 2025

INDUSTRIALS & ENERGY

PPC Zimbabwe triples cash holdings, remains debt-free

PPC Zimbabwe has once again demonstrated its financial resilience and operational discipline, closing the financial year ending March 31, 2025, with a debt-free balance sheet and unrestricted cash hol...

By Staff reporter | Published: 11 June 2025

TELECOMS & TECHNOLOGY

EcoCash launches international money transfers from Zimbabwe

EcoCash, Zimbabwe's largest and leading fintech platform, has launched a new international money transfer service that allows customers to send money from Zimbabwe to several other countries.In a stat...

By Staff reporter | Published: 14 May 2025

BUSINESS NEWS

N Richards cashier steals US$35 250

Police in Rusape have launched a manhunt for a cashier at N Richards Wholesalers, Tawanda Manzvinde (34), who is accused of stealing US$35,250 in cash collected over the Easter holiday  -  i...

By Staff reporter | Published: 10 May 2025

INDUSTRIALS & ENERGY

Turnall registers strong turnaround in cash generation

Turnall Holdings Limited has posted a significantly improved financial performance for the year ended December 31, 2024, marking a key milestone in its recovery journey with a robust turnaround in cas...

By Staff reporter | Published: 01 May 2025

FINANCIAL SERVICES

EcoCash maintains market leadership amid rising competition

The country's fintech sector has seen a significant increase in new players such as Omari, Innbucks, Mojo Mula and Mukuru in the mobile money business, which had previously been made up of EcoCash, Ne...

By Staff reporter | Published: 14 April 2025

BUSINESS NEWS

Cash crisis shakes Mnangagwa's govt

CAUGHT in a dilemma between printing money and possibly fuelling inflation, or nursing acute cash shortages, President Emmerson Mnangagwa's government has turned to militant policies, controlling some...

By Staff reporter | Published: 06 October 2019

BUSINESS NEWS

Zimbabwe pensioners to get express cash

THE Government is working with the Reserve Bank of Zimbabwe and banks to ensure that pensioners access cash for their pension payouts.The country has been experiencing cash shortages that have seen me...

By Staff reporter | Published: 06 October 2019
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