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Revolt grows against Zimbabwe's punitive tax regime
Zimbabwe's fragile fiscal environment is fast morphing into a full-blown corporate crisis, with major companies publicly condemning government's "highly complex and punitive" tax system and increasing...Published: 05 Sep 2025 at 07:26hrs | 429 | by Staff reporter
Rwodzi catapults Mnangagwa agenda, targets Masvingo
HARARE - Zimbabwe's Minister of Tourism and Hospitality Industry, Honourable Barbara Rwodzi has justified the reasons behind transferring 18th edition of the Sanganai/Hlanganani/Kumbanayi world expo f...Published: 04 Sep 2025 at 21:34hrs | 528 | by Gideon Madzikatidze/Simbarashe Sithole
Maid brutally murdered her employer
A 31-year-old maid has been sentenced to 25 years in prison after the High Court in Hwange found her guilty of helping her husband murder their employer in a calculated plot to loot property and raise...Published: 04 Sep 2025 at 12:49hrs | 901 | by Staff reporter
South Africa Eyes Cashless Future Following Zimbabwe's Digital Economy Lead
South Africa is struggling with a surge in violent cash-in-transit (CIT) heists, prompting calls for a cashless economy, a path Zimbabwe has already embraced as a fully digital economy, according to t...Published: 03 Sep 2025 at 19:49hrs | 135 | by Engineer Jacob Kudzayi Mutisi
Sugar tax harming Zimbabwe’s beverage industry
Zimbabwe’s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the country’s sugar content surtax on beverages is crippling local manufacturers and und...Published: 03 Sep 2025 at 09:02hrs | 123 | by Staff reporter
Zimbabwe's digital transactions surge to ZiG89bn
Zimbabwe has seen a sharp rise in digital payments, with the value of retail transactions jumping 35 percent in the second quarter of 2025, according to the Reserve Bank of Zimbabwe (RBZ). The total v...Published: 02 Sep 2025 at 07:05hrs | 244 | by Staff reporter
Stanbic Bank reports strong half-year 2025 profit after tax of ZWG682.2 million
Stanbic Bank Zimbabwe achieved a profit after tax of ZWG682.2 million for the half-year ended 30 June 2025, demonstrating robust growth and resilience in a challenging operating environment.Th...Published: 01 Sep 2025 at 15:00hrs | 103 | by Staff Reporter
Zimbabwe airports undergo major upgrades
Zimbabwe is carrying out major rehabilitation and modernisation works at some of its leading airports, with Joshua Mqabuko Nkomo International Airport in Bulawayo and Victoria Falls International Airp...Published: 31 Aug 2025 at 21:24hrs | 445 | by Staff reporter
Zimbabwe firms brace for dollar exit
The Confederation of Zimbabwe Industries (CZI) has urged the government to back its de-dollarisation strategy with binding legal instruments, warning that without a formal framework, business confiden...Published: 31 Aug 2025 at 21:15hrs | 583 | by Staff reporter
RBZ's façade of progress and stability is short-sighted and unsustainable
The fairy tales and false assurances continue unabated.The announcement by the Reserve Bank of Zimbabwe (RBZ) that foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency h...Published: 31 Aug 2025 at 20:46hrs | 131 | by Tendai Ruben Mbofana
Businessman in court over alleged tax fraud
A company director has appeared in court accused of falsifying invoices and misrepresenting imports, in a case that allegedly cost the state more than US$40,000 in lost revenue.Ian Genesesi (3...Published: 31 Aug 2025 at 09:27hrs | 109 | by Staff reporter
CZI pushes for Milei-style deregulation in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has urged government to adopt a bold deregulation model inspired by Argentine President Javier Milei, calling for the elimination or amendment of at leas...Published: 29 Aug 2025 at 05:48hrs | 111 | by Staff reporter
Multiple ZIMRA checks on Beitbridge - Harare roads excessive
Cross-border traders have raised concerns over what they describe as excessive and duplicated inspections by the Zimbabwe Revenue Authority (ZIMRA) and law enforcement along the Beitbridge - Harare hi...Published: 28 Aug 2025 at 22:29hrs | 166 | by Staff reporter
Zimbabwe is losing over US$6bn to illicit financial flows
Zimbabwe is losing an estimated US$6,15 billion to illicit financial flows (IFFs) between 2020 and 2025, a drain that experts say is depriving the country of critical resources needed for development....Published: 25 Aug 2025 at 06:01hrs | 264 | by Staff reporter
Zimra's new system sees number of tax payers double
Zimbabwe's new Tax and Revenue Management System (TaRMS) has more than doubled taxpayer registrations within a year, marking a major breakthrough in the country's tax administration.Figures pr...Published: 24 Aug 2025 at 09:51hrs | 534 | by Staff reporter
Harare sets 3 year deadline for kombi ban
The City of Harare has unveiled a draft master plan (2025–2045) proposing the phasing out of commuter omnibuses (kombis) from the capital's roads within three years, sparking sharp debate among comm...Published: 24 Aug 2025 at 09:49hrs | 1015 | by Staff reporter
Econet in aggressive tech roll-out
Telecommunications leader Econet Wireless Zimbabwe has reported a 70% decline in connectivity-related customer complaints after completing a major network upgrade during the year ended February 2025....Published: 24 Aug 2025 at 09:12hrs | 139 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 480 | by Staff reporter
MPs push for formalisation of informal sector
MEMBERS of Parliament (MPs) have urged government to formalise Zimbabwe's vast informal sector, broaden the tax base and urgently review what they described as an unfair tax burden on the poor....Published: 22 Aug 2025 at 09:40hrs | 60 | by Staff reporter
Zimbabwe to cap civil service wage bill
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube has unveiled plans to cap civil service expenditure at 50% of the national budget, aiming to rein in rising wage ...Published: 21 Aug 2025 at 12:35hrs | 1462 | by Staff reporter
South Africa is in serious trouble
South Africa has been hit by some of the highest tariffs of any country, with increased duties placed on its goods exported to the United States. At 30%, the tariffs on South Africa are t...Published: 20 Aug 2025 at 11:07hrs | 1783 | by Staff reporter
Parliament to debate Mid-Term Budget Review statement
The debate on the Mid-Term Budget Review presented by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is expected to commence today as Parliament resumes sitti...Published: 19 Aug 2025 at 19:07hrs | 135 | by Staff reporter
Digital shift boosts Zimbabwe's tax collections
Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save tim...Published: 19 Aug 2025 at 09:02hrs | 143 | by Staff reporter
ZIMRA Officially Commissions TaRMS
The Zimbabwe Revenue Authority (ZIMRA) proudly announces the official commissioning of its Tax Administration and Revenue Management System (TaRMS) on the morning of August 18th. This landmark occasio...Published: 19 Aug 2025 at 07:53hrs | 841 | by ZIMRA
Starlink users in Zimbabwe pay USD$5 regulatory fee
The launch of Starlink in Zimbabwe was initially met with excitement, promising high-speed, reliable, and affordable internet in a country long plagued by erratic connectivity and steep costs. However...Published: 17 Aug 2025 at 12:43hrs | 4204 | by Staff reporter
Zimbabwe's local flights are too expensive
The air distance is about 364 kilometres, and a one-way ticket can be found for around USD 135.00, sometimes less on promotion. That should thrill us, but should also make us impatient.Domesti...Published: 17 Aug 2025 at 12:17hrs | 1463 | by Kumbirai Thierry Nhamo
Retired cop criticises Mnangagwa's govt
A RETIRED Zimbabwe Republic Police (ZRP) officer has openly criticized the Government of President Emmerson Mnangagwa over its recent donation of welfare goods to Mozambique, arguing that the country'...Published: 16 Aug 2025 at 16:25hrs | 1781 | by Staff reporter
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: 15 Aug 2025 at 14:22hrs | 537 | 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 | 132 | 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 | 196 | 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 | 203 | 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 | 263 | 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 | 153 | 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 | 739 | 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 | 198 | 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 | 159 | 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 | 189 | 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 | 101 | 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 | 251 | 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 | 544 | 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 | 202 | 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 | 275 | 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 | 64 | 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 | 104 | 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 | 417 | 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 | 466 | 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 | 191 | 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 | 313 | 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 | 255 | 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 | 111 | by Staff reporter
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