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Mthuli Ncube backs down on taxes
The Zimbabwean government has removed value-added tax (VAT) from selected meat products, reduced presumptive taxes for informal traders, and mandated that all government service fees be paid in local ...Published: 17 hrs ago | 1211 | by Staff reporter
Zimbabwe govt scraps VAT on livestock sales
The Ministry of Finance, Economic Development, and Investment Promotion has proposed VAT exemptions on live animals to boost meat demand and support formal trade in the livestock sector. Last ...Published: 18 hrs ago | 259 | by Staff reporter
Zimbabwe, United Kingdom trade up 67%
Trade between Zimbabwe and Britain surged by 67 percent to over US$800 million in 2023 compared to 2022, according to UK deputy ambassador to Zimbabwe, Dr. Joanne Abbot. Speaking at the launch...Published: 18 hrs ago | 96 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 18 hrs ago | 288 | by Staff reporter
Zimbabwe, SA close to one-stop border
The completion of Zimbabwe's US$300 million Beitbridge Border Post modernisation paves the way for a one-stop border post with South Africa, allowing travellers to clear customs and immigration once. ...Published: 18 hrs ago | 218 | by Staff reporter
Willowton to unveil US$7m margarine plant
Willowton, a Mutare-based producer of edible oils and soaps, is about to launch a new margarine plant. The facility, currently in test runs, will begin full production in September with a monthly capa...Published: 24 Jul 2024 at 09:16hrs | 299 | by Staff reporter
Air Zimbabwe to resume direct flights to London
Plans are underway to resume direct flights from Zimbabwe to the United Kingdom, a move aimed at boosting trade and leveraging the country's centrality in the Sadc region, according to Transport and I...Published: 24 Jul 2024 at 09:11hrs | 4997 | by Staff reporter
Beitbridge Border modernisation completed
The US$300 million Beitbridge Border Post modernisation project has been completed, paving the way for the implementation of the One Stop Border Post (OSBP) concept with South Africa. This ini...Published: 24 Jul 2024 at 09:09hrs | 2620 | by Staff reporter
ZiG acceptance grows across Zimbabwe economy
The Reserve Bank of Zimbabwe (RBZ) has observed a growing acceptance of the local currency, ZiG, by both businesses and individuals, which aligns with the central bank's efforts to stabilize the econo...Published: 24 Jul 2024 at 08:54hrs | 1888 | by Staff reporter
Zimbabwe national park to get 3 new airstrips
The Zimbabwe Parks and Wildlife Management Authority is set to enhance connectivity in Matusadona National Park by opening three new airstrips at Tashinga, Fothergill, and Kanjedza. This development a...Published: 20 Jul 2024 at 12:01hrs | 179 | by Staff reporter
Zimbabwe moves to boost power supply
The Zimbabwean government has taken steps to address the country's severe power shortages by signing consultancy contracts aimed at supporting independent power producers (IPPs). These efforts are par...Published: 18 Jul 2024 at 06:42hrs | 292 | by Staff reporter
Sables' Africa Cup final squad named
The Zimbabwe Rugby Union is set to announce the final senior men's rugby team for the Rugby Africa Cup on Tuesday. The 28-player team will primarily consist of locally based players due to difficultie...Published: 16 Jul 2024 at 07:01hrs | 116 | by Staff reporter
Tsholotsho school unveils new bus
Tsholotsho High School, located in Matabeleland North and known as the "school of choice," has commissioned a new 72-seater bus to boost student morale during sports and educational tours. The bus was...Published: 15 Jul 2024 at 16:40hrs | 1043 | by Staff reporter
Cyprus-based miner impressed by Karo project in Zimbabwe
Tharisa Plc, a Cyprus-based miner, has reported significant progress at its Zimbabwean operations with increased output across all facets. The company, integral to the energy transition and decarbonis...Published: 15 Jul 2024 at 08:29hrs | 169 | by Staff reporter
Zimbabwe's lithium gambit: Navigating China-US rivalry
Lithium is Zimbabwe's third-largest mineral export after gold and platinum group of metals, bringing in US$2,46 billion and US$2,27 billion, respectively, in 2023.AS the world is going through...Published: 15 Jul 2024 at 08:17hrs | 214 | by Samir Bhattacharya
Dembare, Bosso clash in high stakes match
Since 2018, Highlanders have not beaten Dynamos in a Premier Soccer League match in Harare. However, recent events have given the Bosso camp hope of breaking this jinx and completing a double over the...Published: 14 Jul 2024 at 09:55hrs | 64 | by Staff reporter
Confusion over Lake Gwayi-Shangani completion
State Media today reported that Lake Gwayi-Shangani, the country's third-largest inland reservoir, is now 70 percent complete with completion expected before year-end.Once reported by the same...Published: 14 Jul 2024 at 09:54hrs | 1300 | by Staff reporter
100MW boost for Zimbabwe power supplies
Local power supplies in Zimbabwe are set to improve significantly in the coming weeks, with an additional 100 megawatts (MW) to be injected into the grid. This boost will come from a refurbished unit ...Published: 14 Jul 2024 at 09:53hrs | 265 | by Staff reporter
Overcoming stereotypes about sports and achieving success
Sports are always a looking glass that reflects society. Like all mirrors, however, it is flawed. Preconceived notions about sports tend to become the lenses through which we see things, sometimes unf...Published: 12 Jul 2024 at 10:26hrs | 16 | by Staff Reporter
Career Transitions: Football Stars Who Became Great Managers
Taking football as an example, there are many players who hope to become managers after they retire from active play. Recognising this process is enlightening, particularly for users seeking ...Published: 12 Jul 2024 at 10:09hrs | 118 | by Staff Reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 45 | by Staff writer
Zimbabwe economy on the upswing, rating agency says
ICRA Rating, a UAE-based credit rating agency, has lauded Zimbabwe's economy for demonstrating impressive resilience and growth. The agency attributes this positive outlook to recent government initia...Published: 12 Jul 2024 at 09:15hrs | 28 | by Staff reporter
Nyusi, Masisi and Mnangagwa to sign tripartite agreement
President Mnangagwa is set to attend a significant meeting in Maputo today alongside Mozambican President Filipe Nyusi and Botswana President Mokgweetsi Masisi. The purpose of the meeting is to overse...Published: 12 Jul 2024 at 09:10hrs | 30 | by Staff reporter
Zimbabwe banks on civil servants in tourism push
The Zimbabwean government is proposing a scheme where civil servants would contribute monthly towards end-of-year holidays to boost domestic tourism, despite widespread poverty among workers. ...Published: 09 Jul 2024 at 05:59hrs | 9 | by Staff reporter
Kaizer Chiefs wanted Prince Dube
Prince Dube, former Highlanders striker, recently joined Young Africans (Yanga) of Tanzania after a dispute over his contract with Azam FC. Reports indicate that Dube was also on the radar of South Af...Published: 09 Jul 2024 at 05:53hrs | 10 | by Staff reporter
Minister fires warning shots at Harare brothels
Tourism and Hospitality Industry Minister, Barbara Rwodzi has expressed dissatisfaction with mushrooming brothels countrywide, announcing Harare as the main culprit where unregistered 'quickie nests' ...Published: 08 Jul 2024 at 17:17hrs | 145 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe School of Mines to venture into jewellery-making
The Zimbabwe School of Mines (ZSM) in Bulawayo is expanding its Gemstone and Lapidary Workshop to include jewellery-making, aiming to diversify and boost the city's economy through the lucrative gemst...Published: 07 Jul 2024 at 10:34hrs | | by Staff reporter
Reserves backing Zimbabwe's ZiG shoot to US$370 million
Prices of goods and services in Zimbabwe are expected to remain stable, thanks to increased cash and mineral reserves backing the new currency, Zimbabwe Gold (ZiG). These reserves have risen from US$2...Published: 07 Jul 2024 at 10:34hrs | 26 | by Staff reporter
VAT for agricultural inputs remains suspended in Zimbabwe
The Treasury has reaffirmed its decision to maintain the suspension of a 15 percent Value Added Tax (VAT) on agricultural inputs, implements, and produce. This initiative is part of a broader strategy...Published: 06 Jul 2024 at 15:56hrs | 17 | by Staff reporter
Zimbabwe gets US$31.8 million drought insurance cover
Zimbabwe has received US$31,8 million from the African Risk Capacity, an arm of the African Union, to help mitigate the effects of the devastating El Nino induced drought.Receiving the insuran...Published: 06 Jul 2024 at 12:04hrs | 3 | by Staff reporter
Econet extends smartphone credit scheme to civil servants
Econet Wireless Zimbabwe has expanded its 'Kancane Kancane' smartphone credit scheme to include civil servants, enabling them to acquire new smartphones without upfront deposits. Kezito Makuni...Published: 04 Jul 2024 at 10:27hrs | 3 | by Staff reporter
BCC forges ahead with Khami Dam water plan
The Bulawayo City Council (BCC) is set to release results of a pre-feasibility study on wastewater reuse as part of efforts to address the city’s severe water crisis. The council considers recycling...Published: 04 Jul 2024 at 09:25hrs | 2 | by Staff reporter
NRZ targets US$100m revenue in 12 months
The National Railways of Zimbabwe (NRZ) aims to generate approximately US$100 million in revenue by 2025 by leveraging its extensive real estate holdings. While cargo transportation remains a key reve...Published: 04 Jul 2024 at 09:02hrs | 2 | by Staff reporter
Boost for ZSE as govt suspends tax on stocks
Government has implemented significant tax reductions and suspensions aimed at revitalizing trading activity on the Zimbabwe Stock Exchange (ZSE). The 40% capital gains tax (CGT) on stocks sol...Published: 02 Jul 2024 at 06:36hrs | | by Staff reporter
Zimbabwe invites Türkiye to Sadc exhibition
Zimbabwe has invited Türkiye's Foreign Economic Relations Body (DEIK) to participate in the SADC Industrialisation Week, set to take place from July 28 to August 2 at the Harare International Confere...Published: 01 Jul 2024 at 03:51hrs | 4 | by Staff reporter
Zimbabwe airports gear up for Starlink in big boost for SpaceX
Zimbabwe's airports are preparing to integrate Elon Musk's Starlink internet service, anticipated to launch in the third quarter, aiming to enhance connectivity amid rising passenger numbers. Tawanda ...Published: 30 Jun 2024 at 18:31hrs | | by Staff reporter
Robert Mugabe airport readies for Sadc summit
Preparations at Robert Gabriel Mugabe International Airport for the upcoming SADC Heads of State Summit are nearing completion with the development of a dedicated VVIP pavilion. This pavilion is desig...Published: 30 Jun 2024 at 18:24hrs | 7 | by Staff reporter
Victoria Falls set to boom as China seals massive investment deals
Matabeleland North, particularly the greater Victoria Falls community, is set for significant development driven by strengthened bilateral relations with China. Recently, Victoria Falls hosted delegat...Published: 27 Jun 2024 at 06:48hrs | 5 | by Staff reporter
Tackling Zimbabwe's property price surge
The Zimbabwean property market is facing significant challenges, marked by skyrocketing property prices that seem incongruous when compared to those in neighbouring South Africa.These challeng...Published: 24 Jun 2024 at 10:13hrs | 2 | by Dr Bekithemba Mpofu
Sibanda emerges as the hero for Highlanders
Highlanders 1-0 HwangeMarvin Sibanda emerged as the hero for Highlanders, scoring the decisive goal that secured a crucial 1-0 victory against Hwange in a Castle Lager Premier Soccer League match ...Published: 24 Jun 2024 at 06:38hrs | 2 | by Staff reporter
43 homes to pave way for Old Gwanda Road
The construction of the US$150 million Old Gwanda Road, set to enhance economic growth, will commence in mid-July with the relocation of villagers affected by the project. The road, spanning 120km, is...Published: 23 Jun 2024 at 10:31hrs | 2 | by Staff reporter
US$450 million to repower Hwange Units 1-6
The Zimbabwe Power Company (ZPC) has secured a US$50 million loan to initiate the repowering of Hwange Power Station Units 1 to 6, aiming to boost the nation's power generation capacity. This move is ...Published: 23 Jun 2024 at 10:27hrs | | by Staff reporter
Manhize steel plant to create 150 000 jobs within 10 years
The Dinson Iron and Steel Company (Disco) in Manhize aims to create 25,000 direct jobs and 150,000 opportunities in related industries within the next five to ten years. Currently employing nearly 2,0...Published: 23 Jun 2024 at 08:49hrs | 1 | by Staff reporter
Zimbabwe to install floating solar panels at Kariba Dam
Zimbabwe plans to install floating solar panels by early next year at the world's biggest man-made freshwater reservoir, according to the Ministry of Mines and Energy Development.An initial 15...Published: 20 Jun 2024 at 07:44hrs | 1 | by Staff reporter
Congolese magician up for fraud
Jean-Piere Kingombe, a Congolese man aged 49, was denied bail by Harare provincial magistrate Dennis Mangosi on fraud charges. Kingombe stands accused of defrauding Nyasha Masoka of US$100,000...Published: 19 Jun 2024 at 07:27hrs | | by Staff reporter
Congolese magician up for fraud
Jean-Piere Kingombe, a Congolese man aged 49, was denied bail by Harare provincial magistrate Dennis Mangosi on fraud charges. Kingombe stands accused of defrauding Nyasha Masoka of US$100,000...Published: 19 Jun 2024 at 07:27hrs | | by Staff reporter
Matemadanda challenges Mutsvangwa for war veterans chairmanship
The Zimbabwe National Liberation War Veterans Association (ZNLWVA) will hold its elective congress on July 12, with three candidates vying for the top post: Victor Matemadanda, Christopher Mutsvangwa,...Published: 19 Jun 2024 at 07:21hrs | | by Staff reporter
NetOne data traffic market share rise by 8.8%
State-owned telecommunications firm NetOne saw its internet and data traffic market share rise by 8.8% to 24.71% in Q1 2024, up from 15.91% in Q4 2023, according to the Postal and Telecommunications R...Published: 19 Jun 2024 at 07:14hrs | | by Staff reporter
Victoria Falls Bridge remains structurally sound and safe
EMERGED Railways Properties (ERP), which manages the Victoria Falls Bridge, asserts that the bridge remains structurally sound and safe for trade and movement of people. Jointly owned by the N...Published: 19 Jun 2024 at 07:11hrs | | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 9 | by Tonderai Ndoro
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