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Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 4 hrs ago | 24 | by Staff reporter
Zimbabwe tobacco sales reach 88% of national target
A notable shift in Zimbabwe's tobacco marketing landscape is unfolding, with auction prices surpassing contract prices for 24 consecutive days, signaling potential cracks in the long-dominant contract...Published: 6 hrs ago | 46 | by Staff reporter
Zimbabwe begins paying long-delayed Civil Registry allowances
The government has finally started disbursing long-overdue allowances to civil servants who participated in the Civil Registry Department's voter registration mop-up exercise ahead of the 2023 general...Published: 6 hrs ago | 60 | by Staff reporter
Stanbic named best banking brand in Zimbabwe
Stanbic Bank Zimbabwe has been named the Best Banking Brand in Zimbabwe by the internationally acclaimed Global Brands Magazine, further cementing its reputation as a leader in the financial services ...Published: 05 Jun 2025 at 11:35hrs | 141 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 1425 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 274 | 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's mining industry set for over 7% growth
Zimbabwe's mining sector is on track for significant growth in 2025, with projections indicating an expansion of over seven percent, fueled primarily by strong performances in gold and coal production...Published: 05 Jun 2025 at 10:04hrs | 47 | by Staff reporter
RBZ projects inflation drop by September
The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...Published: 04 Jun 2025 at 13:31hrs | 130 | by Staff reporter
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 833 | by Staff reporter
New high-quality ZiG banknotes on the way
The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...Published: 03 Jun 2025 at 11:53hrs | 699 | by Staff reporter
RBZ applauds declining inflation
The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...Published: 03 Jun 2025 at 09:48hrs | 86 | by Staff reporter
Zimbabwe govt unveils digital title deeds processing
In a landmark move set to transform land ownership documentation in Zimbabwe, the Government has introduced a Digital Land Administration Platform (DLAP), allowing farmers and landowners to apply for ...Published: 03 Jun 2025 at 09:29hrs | 187 | by Staff reporter
Nurses clash with Parirenyatwa over US$150 graduation fee
A storm is brewing at Parirenyatwa Group of Hospitals as graduate nurses demand clarity and flexibility over a mandatory US$150 graduation and administration fee - insisting that being forced to pay i...Published: 03 Jun 2025 at 09:25hrs | 353 | by Staff reporter
ZETDC ring-fences 150MW to power winter wheat farming
In a major boost for Zimbabwe's agricultural sector, the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has ring-fenced 150 megawatts (MW) of electricity specifically for winter wh...Published: 02 Jun 2025 at 16:19hrs | 65 | by Staff reporter
MPs grill Minister Masuka over bankability of new 'Title Deed'
Parliamentarians have raised concerns over the government's newly introduced comprehensive land tenure policy, pressing Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr. Anxious ...Published: 02 Jun 2025 at 16:18hrs | 455 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 882 | by Staff reporter
Man loses US$280,000 in daring bedroom wardrobe break-in
A 39-year-old man from Madokero, Harare, is counting heavy losses after an audacious house break-in saw him robbed of US$280,000 in cash.The Zimbabwe Republic Police (ZRP) confirmed the incide...Published: 01 Jun 2025 at 14:44hrs | 860 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1664 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 161 | by Staff reporter
Harare businessman in $76,000 vehicle import fraud
A local businessman, Elias Murandu, 37, has been charged with fraud after allegedly deceiving the director of Cobra Security in a failed vehicle importation scheme involving a total of US$76,000....Published: 01 Jun 2025 at 14:27hrs | 127 | by Staff reporter
IMF team set to arrive in Zimbabwe
Zimbabwe is poised to take a crucial step towards restoring its economic credibility and unlocking foreign investment, with an International Monetary Fund (IMF) delegation expected this week to finali...Published: 01 Jun 2025 at 14:25hrs | 189 | by Staff reporter
Bulawayo fails to avail land for development
Bulawayo City Council is facing a deepening housing crisis after failing for more than a year to secure contractors to develop new housing stands in the city. Despite multiple attempts and repeated ad...Published: 01 Jun 2025 at 14:17hrs | 130 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 59 | 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 | 1833 | by Staff reporter
ZiG inflation rises to 92%
Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing t...Published: 31 May 2025 at 14:04hrs | 1076 | by Staff reporter
Bonuses, Payments, and Gaming Variety at 1win for Thai Players
Thai players exploring online gaming platforms often prioritize generous bonuses, convenient payment methods, and a diverse selection of games. The platform known as ...Published: 30 May 2025 at 22:22hrs | 110 | 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 | 535 | 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 | 384 | by Staff reporter
Zimbabwe govt suppliers plot Treasury showdown at funeral parlour
In an extraordinary show of desperation, Zimbabwean government contractors used the funeral wake of one of their own last Thursday to plot emergency engagements with Treasury officials, warning that u...Published: 30 May 2025 at 12:11hrs | 552 | 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 | 84 | 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 | 199 | by Staff reporter
Zimbabwe's pension crisis: Full compensation for 2008 losses may take 100 years
Zimbabwe's pension funds have sounded the alarm over their inability to compensate retirees who lost their life savings during the 2008 economic collapse, warning that, at current fund levels, full re...Published: 30 May 2025 at 12:08hrs | 241 | by Staff reporter
Mnangagwa promotes ex-CIO deputy director general to new army role
Former Central Intelligence Organisation (CIO) deputy director general Walter Tapfumaneyi has been appointed chief of staff in the Zimbabwe National Army by President Emmerson Mnangagwa. This move com...Published: 30 May 2025 at 09:04hrs | 1706 | by Staff reporter
Illegal miners face deportation from South Africa
South Africa has arrested over 400 illegal miners, including Zimbabweans and other foreign nationals, during a large-scale operation targeting illicit artisanal mining activities across the country. T...Published: 30 May 2025 at 09:00hrs | 166 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | by Staff reporter
Socialite's killer gets life sentence
After a long and emotional wait, justice has finally been delivered for the family, friends, and colleagues of Yvonne Mitchell Mafuta, a well-known Mutare hairdresser who was brutally murdered in Janu...Published: 30 May 2025 at 08:57hrs | 471 | by Staff reporter
Treasury delists defaulting suppliers, bans pre-payment of services due to non-delivery
The Ministry of Finance and Economic Development has blacklisted a number of suppliers who failed to deliver goods and services after receiving advance payments from the government, Permanent Secretar...Published: 30 May 2025 at 08:50hrs | 56 | by Staff reporter
Govt engages children, spouses of national heroes on title deeds
In a landmark move aimed at resolving long-standing issues around land ownership, the Government has initiated dialogue with children and spouses of national liberation heroes to transition them from ...Published: 29 May 2025 at 13:25hrs | 353 | by Staff reporter
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 29 May 2025 at 13:22hrs | 3785 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 718 | by Staff reporter
Zimbabwean banker's 5 cars seized as cops probe US$2,3m fraud case
A banker accused of manipulating the banking system he was entrusted to protect and creating fake accounts to swindle his employer of approximately US$2.3 million has had his fleet of five vehicles se...Published: 29 May 2025 at 10:26hrs | 1516 | by Staff reporter
'Zimbabwe could unlock US$9bn from retaken land'
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has revealed that Zimbabwe could unlock up to US$9 billion from land seized during the 2001 fast-track land reform prog...Published: 29 May 2025 at 10:24hrs | 211 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 521 | by Staff reporter
ZESA launches national call centre
The Zimbabwe Electricity Supply Authority (ZESA) has introduced a centralised national call centre to streamline electricity fault reporting and improve its response to outages across the country....Published: 29 May 2025 at 10:21hrs | 128 | by Staff reporter
Africa set to attract $100 billion in remittance inflows
The African Development Bank (AfDB) has projected that Africa will receive approximately US$100 billion in remittance inflows in 2025, as the continent positions itself to harness the full potential o...Published: 29 May 2025 at 10:20hrs | 26 | by Staff reporter
UK Minister for Africa to visit Zimbabwe
Zimbabwe and the United Kingdom are set to deepen diplomatic and economic ties with the anticipated visit of UK Minister for Africa, Lord Collins, in what is shaping up to be a historic shift in relat...Published: 28 May 2025 at 12:16hrs | 646 | by Staff reporter
EcoCash Holdings rebranding
EcoCash, the popular mobile money platform operated by Econet Wireless Zimbabwe Limited, will retain its name despite recent announcements about a rebranding by its former holding company.EcoC...Published: 28 May 2025 at 11:05hrs | 453 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 418 | by `
Zimbabwe sees $2.6bn bridge finance in place by early 2026
Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to ...Published: 28 May 2025 at 10:51hrs | 118 | by Staff reporter
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