Parliament has raised alarm over major financial irregularities in the Ministry of Finance, revealing that more than ZWL$111 billion in public funds could not be reconciled in the government’s 2022 accounts. The findings are contained in a report by the Public Accounts Committee (PAC), which reviewed the Auditor‑General’s assessment of the Ministry’s Appropriation and Fund Accounts for the year ending 31 December 2022.

Masimba Holdings has plunged into mourning following the deaths of two of its employees in tragic and closely linked circumstances within the space of a week, in what has been described as a deeply distressing period for the company. The sequence of events began earlier in the week when Willington Dube, a Masimba Holdings worker, was fatally injured while inside a concrete mixer at one of the company’s operations. Dube was reportedly cleaning the mixer when the machine was sw

The Reserve Bank of Zimbabwe (RBZ) has officially decoupled its transition to a monocurrency system from a fixed timeline, opting instead for a conditions-based framework under which the move will only be implemented once strict economic benchmarks are met.