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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 po...Published: 4 hrs ago | 135 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 4 hrs ago | 47 | by Staff reporter
Prospectors slam Zimbabwe 'secretive' Mines and Minerals Bill
Zimbabwe's long-anticipated Mines and Minerals Bill is under fresh scrutiny, with industry stakeholders warning that the proposed legislation remains opaque, exclusionary, and dangerously susceptible ...Published: 4 hrs ago | 18 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 4 hrs ago | 28 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 4 hrs ago | 64 | by Staff reporter
Tagwirei secures seat in Zanu-PF central committee
Business tycoon Kudakwashe Tagwirei has officially stepped into the political spotlight after securing a seat in the ruling Zanu-PF's influential Central Committee, further fuelling speculation that h...Published: 5 hrs ago | 181 | by Staff reporter
Zimbabwe's sugar giant gets rescue deal
A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...Published: 16 hrs ago | 152 | by Christopher Mutambirwa
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 100 | by Staff reporter
Chivayo dismisses cancer equipment contract claims as fake
Businessman Wicknell Chivayo has denied involvement in a reported US$400 million cancer treatment equipment supply deal with the government, dismissing recently leaked documents as "fake" and politica...Published: 19 Jun 2025 at 13:27hrs | 433 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 816 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 602 | by Staff reporter
Genocide govt shifts gukurahundi probe to closed-door private testimonies
The government has abruptly altered the investigative framework and methodology for the upcoming state-sponsored probe into the Gukurahundi genocide, replacing an open public testimonial approach with...Published: 18 Jun 2025 at 07:43hrs | 431 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 158 | by Staff reporter
Secondary Revenues from Sporting Events in Africa
Sporting events across Africa do more than fill stadiums. They create additional economic activity that touches tourism, retail, digital services, and hospitality. This type of income, called secondar...Published: 17 Jun 2025 at 23:22hrs | 80 | by Staff Reporter
Mzembi failed to meet Mnangagwa
Former Foreign Affairs and Tourism Minister Walter Mzembi was arrested on Thursday after his surprise return to Zimbabwe, contradicting widespread media reports that he had met President Emmerson Mnan...Published: 17 Jun 2025 at 10:01hrs | 3144 | by Staff reporter
Sanyatwe infurirates Chamisa's lawyer again
A storm of outrage has erupted after former Zimbabwe National Army (ZNA) commander and current Minister of Sports, Anselem Nhamo Sanyatwe, declared during a church service that the ruling Zanu-PF part...Published: 17 Jun 2025 at 07:19hrs | 997 | by Staff reporter
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 105 | by Staff reporter
Zimbabwe's RTG reports sharp rebound in foreign tourist arrivals
Zimbabwe's largest hotel operator, Rainbow Tourism Group (RTG), has reported a strong rebound in foreign guest arrivals, signaling a wider recovery in the region's hospitality sector as international ...Published: 16 Jun 2025 at 14:42hrs | 144 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 180 | by Staff reporter
Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe
The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...Published: 12 Jun 2025 at 18:59hrs | 391 | by Staff reporter
Polad members cry foul
Members of the Political Actors Dialogue (Polad) are attempting to reassert their relevance on Zimbabwe's political stage after months of being sidelined, but political observers say the platform lack...Published: 12 Jun 2025 at 18:48hrs | 132 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1046 | by Staff reporyter
Mandatory radio licence risks fuelling Zimbabwe corruption
The recently enacted Broadcasting Services Amendment Act No. 2 of 2025, which makes it mandatory for all motorists to pay for a Zimbabwe Broadcasting Corporation (ZBC) radio licence before renewing ve...Published: 11 Jun 2025 at 09:11hrs | 948 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 945 | by Staff reporter
Mnangagwa, Chiwenga clash over war veterans as succession battle intensifies
The war veterans' constituency has emerged as a crucial battleground in the escalating political succession struggle between President Emmerson Mnangagwa and Vice-President Constantino Chiwenga, as th...Published: 09 Jun 2025 at 16:34hrs | 2573 | by Staff reporter
Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 05 Jun 2025 at 14:20hrs | 828 | by Staff reporter
Zimbabwe not among 7 African countries blacklisted by Trump
U.S. President Donald Trump has imposed a sweeping travel ban on citizens from seven African countries, citing threats linked to terrorism, inadequate identity verification, and high levels of visa ov...Published: 05 Jun 2025 at 13:11hrs | 958 | by Staff reporter
Chamisa dismisses claims he is forming new party
Opposition leader Nelson Chamisa has strongly denied swirling social media claims that he is preparing to launch a new political movement at the end of this month, describing the reports as "sponsored...Published: 05 Jun 2025 at 10:08hrs | 421 | by Staff reporter
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 05 Jun 2025 at 10:07hrs | 76 | by Staff reporter
Zimbabwe to revitalise Community Share Ownership Trusts
The Zimbabwean Government has moved to revitalise Community Share Ownership Trusts (CSOTs), a flagship programme under the country's economic empowerment policy, following Cabinet's approval of new op...Published: 04 Jun 2025 at 13:29hrs | 107 | by Staff reporter
ZNA tells Zimbabweans not to panic over army unit
ZNA Announces Routine Field Training in Harare Suburbs Amid Political SpeculationThe Zimbabwe National Army (ZNA) has confirmed that one of its units is conducting a routine field training exercis...Published: 04 Jun 2025 at 12:37hrs | 4524 | by Staff reporter
Prophet Freddy no-show continues to stall land dispute trial
The long-running legal battle between popular preacher Tapiwa Freddy and property developer Kudakwashe Taruberekera has once again failed to proceed, as Freddy and key witnesses were absent from court...Published: 04 Jun 2025 at 09:48hrs | 450 | by Staff reporter
OK Zimbabwe shuts down Food Lover's Market outlets
Retail giant OK Zimbabwe has announced the closure of its premium Food Lover's Market outlets in Borrowdale and Avondale, a move that underscores the mounting pressure on Zimbabwe's formal retail sect...Published: 04 Jun 2025 at 09:46hrs | 3978 | by Staff reporter
Tobacco exports reach US$381 million
Zimbabwe has earned US$381 million from tobacco exports so far this year, as the country intensifies efforts to increase value addition and beneficiation in its lucrative tobacco sector.Accord...Published: 03 Jun 2025 at 09:27hrs | 85 | by Staff reporter
Khayah Cement delists from Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange (ZSE) has officially announced the voluntary termination of listing for Khayah Cement Limited, effective May 22, 2025, following the company's decision to enter corporate r...Published: 02 Jun 2025 at 16:27hrs | 201 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 01 Jun 2025 at 14:12hrs | 116 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1857 | by Staff reporter
Zimbabwe's platinum output to fall 4% in 2025
Zimbabwe's platinum production is projected to decline by 4% to 491,000 ounces in 2025, falling short of last year's record output, according to a new report from the World Platinum Investment Council...Published: 30 May 2025 at 13:31hrs | 558 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 566 | by Staff reporter
Zimbabwe misses €150 billion conditional funding from EU
Europe and Africa's strategic partnership has entered an exciting new phase, with both continents reaffirming their commitment to deepen economic cooperation and promote global peace. However, Zimbabw...Published: 30 May 2025 at 12:14hrs | 389 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 30 May 2025 at 12:13hrs | 72544 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 87 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 30 May 2025 at 12:09hrs | 213 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 329 | by Staff reporter
War veterans battle Mnangagwa in court
The escalating succession battle within the ruling Zanu PF party has now taken a legal twist, as a group of war veterans has dragged President Emmerson Mnangagwa to court over his controversial land t...Published: 28 May 2025 at 11:38hrs | 1156 | by Staff reporter
Mnangagwa ally launches Uber like taxi service in Zimbabwe
In a bold move set to redefine urban mobility in Zimbabwe, Dr. Paul Tungwarara, the Presidential Investment Advisor to the President, has unveiled Tap and Go, a cutting-edge taxi service poised to cha...Published: 28 May 2025 at 11:27hrs | 2951 | by Staff reporter
Trabablas Interchange commissioning on Friday
The state-of-the-art US$88 million Trabablas Interchange is scheduled for official commissioning this Friday, heralding a significant infrastructural milestone under President Emmerson Mnangagwa's adm...Published: 28 May 2025 at 10:57hrs | 400 | by Staff reporter
Zimbabwe makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 266 | by Staff reporter
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 852 | by Staff reporter
Chamisa's CCC faction rattled
The official opposition Citizens Coalition for Change (CCC) parliamentary caucus held a formal briefing at Parliament yesterday, attended by 38 Members of Parliament, with 11 others sending apologies,...Published: 22 May 2025 at 14:35hrs | 2809 | by Staff reporter
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