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AfDB says Zimbabwe seeks $2.6bn in bridge finance to overhaul debt
The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed to international financial institutions as it attempts to break a debt impa...Published: 35 mins ago | 6 | by Staff reporter
Mthuli Ncube unveils industrial development facilities
Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...Published: 36 mins ago | 9 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 14 hrs ago | 595 | by Farai Matiashe, Al Jazeera
Minister Ndlovu calls for collaboration to achieve rapid industrialisation
The Zimbabwean government is intensifying efforts to reduce the high cost of doing business and tackle the smuggling of counterfeit products, which have been negatively impacting the country's manufac...Published: 15 hrs ago | 35 | by Staff reporter
Foreign currency dealer shot, robbed
A foreign currency dealer was shot and robbed of US$2 000 on Tuesday evening in what police suspect was a targeted armed robbery, marking the second such incident in just over a month.Mr. Shad...Published: 15 hrs ago | 371 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 15 hrs ago | 27 | by Staff reporter
Colonial master pledges stronger trade and investment ties with its colony
The United Kingdom has reaffirmed its commitment to strengthening relations with Zimbabwe, placing a particular focus on boosting trade and investment between the two countries. This was revealed by B...Published: 15 hrs ago | 60 | by Staff reporter
SMEs drive Zimbabwe's manufacturing sector
Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...Published: 15 hrs ago | 8 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 15 hrs ago | 115 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 hrs ago | 319 | by Chris Mutsvangwa
Supreme Court awards UZ bursar US$320,000
A former bursar of the University of Zimbabwe (UZ), Vengai Mugabe, has been awarded US$323,046 in damages after a lengthy legal battle over his dismissal in 2018. Mugabe was fired after he refused to ...Published: 23 Apr 2025 at 08:34hrs | 796 | by Staff reporter
IMF, World Bank urged to back Zimbabwe economic recovery efforts
Former Mozambican President Dr Joaquim Chissano and African Development Bank (AfDB) President Dr Akinwumi Adesina have called on the International Monetary Fund (IMF) and the World Bank to support Zim...Published: 23 Apr 2025 at 08:29hrs | 107 | by Staff reporter
Zimbabweans ignore stayaway call
Zimbabweans across the country yesterday overwhelmingly rejected calls for a nationwide stayaway, choosing instead to go about their daily routines as usual. Shops, Government offices, vegetable marke...Published: 23 Apr 2025 at 08:29hrs | 84 | by Staff reporter
Zimbabwe ramps up winter wheat preparations
The Government has intensified preparations for this year's winter wheat production season, aiming to deliver essential inputs to farmers on time and build upon last season's record-breaking harvest. ...Published: 23 Apr 2025 at 08:27hrs | 31 | by Staff reporter
Why the Prince Edward School Rugby Festival Must Be Saved
Appeal to all Rugby lovers, The cancellation of the 2025 edition of the Mwana Group (Prince Edwards School) Rugby Festival formerly known as the Cottco Schools Rugby Festival has struck a heav...Published: 22 Apr 2025 at 22:15hrs | 346 | by Jacob Kudzayi Mutisi
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 22 Apr 2025 at 08:29hrs | 6295 | by Staff reporter
Fear grips Maphisa after mine spillage
The usually calm and serene community of Maphisa in Matobo District is currently on edge following a suspected chemical spillage from the Nevada 24 Mine dump site that has led to the contamination of ...Published: 22 Apr 2025 at 08:04hrs | 320 | by Staff reporter
Man arrested for helping migrants enter South Africa illegally for just R300
A man has been arrested at the Beitbridge border post for aiding undocumented migrants cross into South Africa for just R300.The Border Management Authority (BMA) on Monday said the man from S...Published: 22 Apr 2025 at 07:43hrs | 524 | by Staff reporter
Man in court for killing ex-wife
A 31-year-old man from Mabvuku, Prince Ndambi, appeared in court on Saturday, facing charges of murdering his former wife, Constance Tsitsi Chirwa, in a tragic dispute over child custody.Accor...Published: 21 Apr 2025 at 09:04hrs | 173 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 229 | by Staff reporter
Bulawayo reimagines its future as 65th ZITF opens
As the 65th edition of the Zimbabwe International Trade Fair (ZITF) kicks off in Bulawayo today, the host city is seizing the moment to present itself not merely as an event venue, but as a bold and a...Published: 21 Apr 2025 at 08:56hrs | 288 | by Staff reporter
George Guvamatanga gave company 'illegal' bank guarantee on $20 million loan
Treasury secretary George Guvamatanga has been accused of providing an "illegal and unconstitutional" bank guarantee for a US$20 million loan to a seed company linked to command agriculture corruption...Published: 17 Apr 2025 at 20:32hrs | 6562 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 10528 | by Staff reporter
Zimbabwe to get share of US$300m Afreximbank dividend
The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...Published: 16 Apr 2025 at 23:22hrs | 137 | by Staff reporter
Man arrested for attempted fraud of over ZiG1 Million
Henry Chishanga (39), a man from Chitungwiza, has appeared in court facing allegations of attempting to defraud an insurance company of over ZiG1 million by presenting fake proof of payment for insuri...Published: 16 Apr 2025 at 23:20hrs | 197 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1197 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 80 | by Staff reporter
JOC blocks ZANU-PF ex-MP, Tongaat Hullets' farmers eviction ploy
Members of the Joint Operation Command (JOC) in Masvingo withdrew and crippled an attempt by former ZANU-PF Chiredzi West legislator and central committee member, Farai Dumo Musikavanhu who in conniva...Published: 16 Apr 2025 at 10:37hrs | 2076 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Zimra blitz disrupts Bulawayo traders
Scores of traders operating within Bulawayo's city centre were left reeling last week after the Zimbabwe Revenue Authority (Zimra) implemented a series of business closures, as part of a wider nationa...Published: 15 Apr 2025 at 08:42hrs | 1958 | by Staff reporter
Man convicted for undeclared US dollars yet Ramaphosa walks free
THE conviction and sentencing of Mohammed Ameen who was caught with over half a million of undeclared US dollars has fueled African Transformation Movement's (ATM) determination to ensure that Preside...Published: 14 Apr 2025 at 12:02hrs | 1209 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3705 | by Staff reporter
Parliament petitioned over privatisation of Harare water
The Community Water Alliance (CWA) and the Matabeleland Institute for Human Rights (MIHR) have called on Parliament to intervene and halt the Zimbabwean government's plans to privatise water services ...Published: 14 Apr 2025 at 09:19hrs | 394 | by Staff reporter
Kariba floodgates partially opened
The Zambezi River Authority (ZRA) has begun commissioning tests on the newly rehabilitated sluice gates at Kariba Dam, marking a critical phase in the near-completion of a major rehabilitation project...Published: 14 Apr 2025 at 09:06hrs | 318 | by Staff reporter
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4083 | by Staff reporter
The reality of '9 wasted years' - A decade WMC failed to capture Zuma
For too long, South Africans have been bombarded with a dishonest narrative coined by the very architects of our economic servitude, that the period of President Jacob Zuma's administration represents...Published: 13 Apr 2025 at 14:33hrs | 742 | by Mzwanele Manyi
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10252 | by Staff reporter
The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves
Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque s...Published: 13 Apr 2025 at 11:11hrs | 731 | by Tendai Ruben Mbofana
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 629 | by Staff reporter
Fake ID scam exposed at Bulawayo's Tredgold building
A fake national identity document scam operating from within the Civil Registry Department's Tredgold Building in Bulawayo has been uncovered, implicating an employee of a private company contracted b...Published: 13 Apr 2025 at 09:40hrs | 2508 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 164 | by Staff reporter
Why is Mnangagwa's regime silent on South Africa's explosive Wicknell revelations?
There are so many questions on Zimbabwe's minds. A disturbing irony hangs over Zimbabwe today. While South Africa's Financial Intelligence Centre (FIC) has taken decisive steps to inve...Published: 12 Apr 2025 at 21:34hrs | 706 | by Tendai Ruben Mbofana
Afreximbank's $100 million Harare Trade Centre nears completion
African Export-Import Bank (Afreximbank) is set to transform Harare's skyline with the imminent completion of its US$100 million African Trade Centre, a landmark project that will serve as the Souther...Published: 12 Apr 2025 at 14:39hrs | 369 | by Staff reporter
Zimbabwe issues dollar bonds to pay ex-farmers for land grabs
Zimbabwe issued treasury bonds worth $308 million and made small cash payments to White farmers who were dispossessed of their property 25 years ago under a state-backed land reform program.Th...Published: 12 Apr 2025 at 09:16hrs | 120 | by Staff reporter
Chivayo 'kickbacks' probed in South Africa
Financial watchdogs in South Africa and Zimbabwe are investigating Johannesburg-based printing firm Ren-Form for possible money laundering linked to a high-profile election procurement scandal involvi...Published: 12 Apr 2025 at 09:08hrs | 365 | by Staff reporter
Mozambique's President to open ZITF
Mozambican President Daniel Chapo will officially open the 65th edition of the Zimbabwe International Trade Fair (ZITF), set to run from April 21 to 26 in Bulawayo, with this year's event attracting a...Published: 10 Apr 2025 at 09:18hrs | 125 | by Staff reporter
Zimbabwe white former farmers start receiving compensation
The Government of Zimbabwe has begun compensating white former commercial farmers whose land was repossessed during the Land Reform Programme, marking a pivotal step in the country's efforts to resolv...Published: 10 Apr 2025 at 09:01hrs | 72 | by Staff reporter
Over 1,000 national youth service graduates offered govt jobs
The Zimbabwean government has confirmed that over a thousand graduates from the controversial National Youth Service programme are set to be absorbed into public institutions, sparking fresh debate ov...Published: 09 Apr 2025 at 22:02hrs | 394 | by Staff reporter
China orders its banks to avoid buying dollars
The PBOC has reportedly issued informal "window guidance" to major state-owned banks this week, essentially instructing them to avoid buying dollars for their own accounts. China's Central Bank also d...Published: 09 Apr 2025 at 21:37hrs | 967 | by Staff reporter
Stanbic Bank Bankrolls Hockey 5's Festival
Harare - 07 April - 2025 - Stanbic Bank Zimbabwe has sponsored US$10 000.00 towards the two-day St George's College Stanbic Hockey 5's tournament which took place at St George's College over the weeke...Published: 08 Apr 2025 at 11:43hrs | 332 | by Agencies
SA election supply firm paid Chivayo R800 million
Zimbabwe's Ministry of Finance paid more than R1.1 billion to a South African company contracted to supply materials for the country's 2023 general elections - and over R800 million of tha...Published: 07 Apr 2025 at 20:40hrs | 1991 | by Staff reporter
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