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Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 20 hrs ago | 391 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 124 | by Staff reporter
Government debt cripples Masvingo City
Masvingo City Council is facing mounting challenges in delivering basic services due to the government's failure to settle substantial debts owed to the local authority, with claims that various gover...Published: 13 Aug 2025 at 13:04hrs | 193 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 13 Aug 2025 at 08:49hrs | 197 | by Staff reporter
History will judge us by our social media timelines
When the story of Zimbabwe in these years is finally written, I suspect it will not be remembered for what we suffered, but for how lightly we took it. The record will not be one of famine, misman...Published: 12 Aug 2025 at 20:59hrs | 248 | by Kumbirai Thierry Nhamo
Trends in Sports Betting Industry: Africa is not far behind
The sports betting industry in Africa is rapidly developing, turning from a niche segment into a key driver of the global industry. One of the main trends is the transition from individual betting to ...Published: 11 Aug 2025 at 10:15hrs | 151 | by Staff Reporter
Beitbridge highway robbery gang arrested
Police in Beitbridge have arrested four men in connection with a series of violent highway robberies that targeted motorists along a detour on the Beitbridge - Gwanda Road, bringing to an end months o...Published: 10 Aug 2025 at 19:22hrs | 730 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 194 | by Staff reporter
Bulawayo launches blitz on pushcart operators
In a bold move to restore order in the city centre and clamp down on illicit activities, Bulawayo City Council (BCC) yesterday launched a sweeping operation targeting pushcart operators and street ven...Published: 09 Aug 2025 at 09:48hrs | 154 | by Staff reporter
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 08 Aug 2025 at 08:42hrs | 183 | by Staff reporter
Forestry Commission regulatory weaknesses exposed
A report by Auditor-General Rheah Kujinga has exposed serious regulatory weaknesses at the Forestry Commission, revealing how poor oversight may be enabling trophy hunters to bypass state payments and...Published: 08 Aug 2025 at 08:21hrs | 99 | by Staff reporter
Bulawayo councillors split over Egodini mall project
City councillors remain deeply divided on how to handle the stalled Egodini Mall redevelopment, as frustrations mount among residents over continued delays and traffic congestion attributed to the fai...Published: 07 Aug 2025 at 09:00hrs | 223 | by Staff reporter
Plumtree renaming streets to reflect Kalanga history
The Plumtree Town Council has renamed several streets to reflect the town's deep Kalanga history and cultural identity. The initiative forms part of a broader urban renewal programme aimed at modernis...Published: 06 Aug 2025 at 22:00hrs | 538 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 187 | by Staff reporter
Goat tender fraud trial resumes
The trial of businessmen Moses Mpofu and Mike Chimombe, accused of defrauding the Government of US$7 million under the Presidential Goat Pass-On Scheme, resumed yesterday with Mpofu outlining the fina...Published: 05 Aug 2025 at 08:58hrs | 272 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 57 | by Staff reporter
Zimbabwe health spending among lowest in region
Zimbabwe is spending just ZiG460 (about US$17) per person on health, with total health expenditure at only 0,5% of GDP in the first half of 2025 - far below regional and international targets - the Co...Published: 04 Aug 2025 at 08:33hrs | 103 | by Staff reporter
Surge in bogus police officers mounting fake roadblocks
The Zimbabwe Republic Police (ZRP) has raised alarm over a growing number of bogus officers setting up fake roadblocks and harassing motorists, particularly in Harare, amid mounting public concern ove...Published: 04 Aug 2025 at 08:27hrs | 376 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 460 | by Staff Reporter
Zimbabwe raises US$25.4 million from sugar tax
Zimbabwe has raised ZiG685.8 million, equivalent to approximately US$25.4 million, from the sugar content tax between January and May 2025, with the funds earmarked for the procurement of critical can...Published: 03 Aug 2025 at 18:56hrs | 184 | by Staff reporter
Garwe orders council probe
Minister of Local Government and Public Works, Daniel Garwe, has lambasted local authorities for poor service delivery, which has contributed to low revenue collection and growing salary arrears for w...Published: 03 Aug 2025 at 12:15hrs | 309 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 253 | by Staff reporter
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Harare Council crackdown leaves hundreds stranded
In a sweeping move aimed at restoring order in the central business district, the City of Harare has shut down hundreds of shops, launching an operation dubbed "Operation Restore Order." The crackdown...Published: 03 Aug 2025 at 09:51hrs | 90 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 630 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 162 | by Staff reporter
Zimra prosecutes over 50 employees over corruption
Zimbabwe's tax authority says it has prosecuted more than 50 employees for corruption during the first seven months of 2025 and suspended 306 since 2016 - part of a sweeping purge sparked by lifestyle...Published: 01 Aug 2025 at 08:41hrs | 312 | by Staff reporter
Zimbabwe miners weather power crisis
Zimbabwe's mining industry says it has largely been shielded from the worst of the country's electricity shortages thanks to a targeted power rationing strategy that prioritises the sector. But operat...Published: 01 Aug 2025 at 08:33hrs | 202 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Hawks get forfeiture order on cigarette smuggling truck
South Africa's elite crime-fighting unit, the Hawks, working in conjunction with the National Prosecuting Authority's Asset Forfeiture Unit (AFU), has secured a court order to permanently forfeit a co...Published: 31 Jul 2025 at 18:48hrs | 168 | by Staff reporter
Harare shuts down 121 businesses in CBD crackdown blitz
The Harare City Council has shut down 121 businesses in the central business district (CBD) in an intensified campaign targeting non-compliant operations. The crackdown, now in its second day, follows...Published: 31 Jul 2025 at 18:46hrs | 317 | by Staff reporter
Mnangagwa orders immediate reforms to ease doing business
President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting on...Published: 30 Jul 2025 at 10:06hrs | 429 | by Staff reporter
Zimbabweans caught between two broken health systems
When Matilda Sibanda left Bulawayo for South Africa ten years ago, her decision was driven by Zimbabwe's collapsing healthcare system. Now 34, she finds herself in a devastating limbo - unable to acce...Published: 28 Jul 2025 at 14:19hrs | 457 | by Staff reporter
ZRP arrests over 1,000 in Harare road crackdown
The Zimbabwe Republic Police (ZRP) has arrested 1,050 people in Harare since launching a major operation targeting pirate taxis, touts, and reckless drivers, in an effort to restore sanity on the capi...Published: 28 Jul 2025 at 08:46hrs | 253 | by Staff reporter
Zimra, Delta in fresh spat over taxes
The Zimbabwe Revenue Authority (Zimra) is demanding an additional US$73 million in tax from Delta Corporation Limited, escalating tensions between the tax agency and one of the country's largest corpo...Published: 27 Jul 2025 at 21:04hrs | 516 | by Staff reporter
Zimbabwe road traffic accidents jump to 28,159 in 6 months
A deadly collision along Harare's Seke Road on Tuesday has once again spotlighted Zimbabwe's deepening road safety crisis. The horrific crash, which claimed 17 lives-including two pedestrians-has beco...Published: 27 Jul 2025 at 11:21hrs | 244 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 821 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 588 | by Staff reporter
Africa to be hit hard as UK foreign aid cuts revealed
The UK has revealed details of its plans to cut foreign aid, with support for children's education and women's health in Africa facing the biggest reductions.The UK government said in February...Published: 24 Jul 2025 at 09:36hrs | 648 | by Staff reporter
ZimStat confirms dominance of Zimbabwe's huge informal sector
The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...Published: 24 Jul 2025 at 09:32hrs | 133 | by Staff reporter
Woman hires people to assault ex-husband, the taxi driver killed
A woman from Chegutu, Sekai Apinzi (41), and her lodger Munyaradzi Munyaradzi (24), have been arrested in connection with the brutal murder of taxi driver Alec Sinoia, whose body was discovered three ...Published: 23 Jul 2025 at 09:05hrs | 717 | by Staff reporter
Zimra defends aggressive tax enforcement
Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...Published: 22 Jul 2025 at 09:12hrs | 147 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 194 | by Staff reporter
How President Trump humiliated African Presidents in the White House!
That Trump has a low opinion of Africans generally is known and documented since 2016 when he was elected president of USA. It began with President Ramaphosa of South Africa. What was he doing in the ...Published: 21 Jul 2025 at 12:39hrs | 1263 | by Nomazulu Thata
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 473 | by Staff reporter
University of Zimbabwe lecturers strike continues
It has been months since lecturers at the University of Zimbabwe, the country's oldest and most prestigious institution of higher learning, walked out of their lecture halls, citing salaries that have...Published: 21 Jul 2025 at 12:14hrs | 144 | by Staff reporter
Mnangagwa using luxury vehicles to silence critics?
Zanu-PF party benefactors are reportedly handing out luxury vehicles to critics of President Emmerson Mnangagwa as a means to buy their silence, with some leaders of war veterans allegedly receiving n...Published: 20 Jul 2025 at 09:23hrs | 1486 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1552 | by Staff reporter
Vendors bemoan exorbitant licensing fees at new Mbare Musika market
The Vendors Initiative for Social and Economic Transformation (Viset) has urged authorities to slash vending licensing fees at the newly-constructed Mbare Musika Market, warning that current costs are...Published: 18 Jul 2025 at 08:34hrs | 601 | by Staff reporter
Seductress fleeces suitor of US$71k ride and cash
Bulawayo's dating scene has been left stunned by a bizarre bedroom theft that saw a smitten motorist lose his wallet, US$1,000 in cash, and his prized Toyota Tundra, all at the hands of a woman he had...Published: 17 Jul 2025 at 20:50hrs | 782 | by Staff reporter
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