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Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 18 hrs ago | 259 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Blow for regime change tool USAid
A federal judge on Friday cleared the way for one of the Trump administration's remaining steps in its dismantling of the U.S. Agency for International Development, allowing it to move forward with pu...Published: 20 hrs ago | 781 | by Staff reporter
Zimbabwe govt moves to directly procure fuel
The Zimbabwean government intends to directly procure fuel for its own use and key economic sectors to lower costs and enhance competitiveness, Energy and Power Development Minister July Moyo has anno...Published: 20 hrs ago | 558 | by Staff reporter
EcoCash Holdings to rebrand
EcoCash Holdings Limited has announced plans to rebrand following a corporate restructuring that has left Steward Bank as its only remaining unit. This follows the takeover of the company by businessm...Published: 21 Feb 2025 at 11:12hrs | 498 | by Staff reporter
How Trump's Paris Climate Agreement withdrawal impacts Zimbabwe and the path forward
THE decision by U.S. President Donald Trump to withdraw the United States from the Paris Climate Agreement this year has once again sent shockwaves across the global community.While the move w...Published: 18 Feb 2025 at 20:16hrs | 837 | by Tendai Ruben Mbofana
OK Zimbabwe begins restocking after weeks of empty shelves
Troubled retailer OK Zimbabwe has announced that it has started restocking its outlets following weeks of empty shelves and temporary closures due to macroeconomic challenges, particularly exchange ra...Published: 17 Feb 2025 at 12:37hrs | 1666 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1243 | by Staff reporter
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 650 | by Staff reporter
Storm brews over BCC leases
Decades-old family businesses at Iminyela Shopping Centre in Bulawayo face an uncertain future as the Bulawayo City Council (BCC) moves to lease the premises to new tenants, raising fears among the cu...Published: 12 Feb 2025 at 06:35hrs | 311 | by Staff reporter
Zimra raids smuggling points along Limpopo, destroys boats
The Zimbabwe Revenue Authority (Zimra), in a groundbreaking drone-led operation, raided several smuggling points along the Limpopo River on Tuesday, confiscating and destroying boats used to illegally...Published: 11 Feb 2025 at 16:27hrs | 1119 | by Staff reporter
Haulin Quarry Mine boosts Bulawayo's construction sector with competitive prices
Bulawayo's business community has lauded Haulin Quarry Mine, located in Pumula North, for its competitive pricing in building materials, which has significantly impacted the region's construction sect...Published: 11 Feb 2025 at 11:05hrs | 790 | by Mandla Ndlovu
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1154 | by Tendai Ruben Mbofana
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
ZITF to run for 6 days
The Zimbabwe International Trade Fair (ZITF) Company has announced an extension of its 2025 trade showcase from five to six days, a move aimed at creating more opportunities for business interactions,...Published: 09 Feb 2025 at 11:26hrs | 344 | by Staff reporter
Bulawayo City Council steps up efforts to restore order in CBD
The Bulawayo City Council (BCC) has announced plans to maintain a strong security presence at key vending sites and illegal commuter pick-up points in the Central Business District (CBD) as part of it...Published: 09 Feb 2025 at 11:23hrs | 958 | by Staff reporter
Mnangagwa's govt fails to honour promises
Traders who lost goods worth over US$20 million in a devastating fire at Mbare Musika last October are expressing frustration over the government's failure to fulfill its promises of interest-free loa...Published: 08 Feb 2025 at 12:53hrs | 893 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
Bulawayo City Council cracks down on illegal street vendors
The National Consumer Rights Association (Nacora) has expressed support for the ongoing operation by the Bulawayo City Council (BCC) aimed at curbing the growing presence of illegal street vendors in ...Published: 08 Feb 2025 at 12:46hrs | 2374 | by Staff reporter
Turf wars among Bulawayo's street kids highlight struggle for survival
As the sun dips below the horizon in Bulawayo, known as the City of Kings and Queens, the city's lively streets transform into tense battlegrounds. Once places of laughter and connection, the pavement...Published: 08 Feb 2025 at 12:38hrs | 179 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 895 | by Staff reporter
Another ZANU-PF MP loots Mnangagwa's rice donation
Controversial Mudzi West Member of Parliament, Knowledge Kaitano is in soup after he allegedly diverted President Emmerson Mnangagwa's rice allocated for constituency donation into personal use....Published: 07 Feb 2025 at 17:04hrs | 382 | by Paul Ndou
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Zimbabwe's retail sector faces crisis
Zimbabwe's retail sector is in crisis, with more than 1,000 jobs lost so far this year due to an escalating economic downturn, as several key players signal their intention to exit the market. Regiona...Published: 06 Feb 2025 at 09:11hrs | 1437 | by Staff reporter
Modern homes for old Gwanda Road displaced families
The reconstruction of the 120km Old Gwanda Road in Matabeleland South has begun, bringing significant benefits to the region while also necessitating the relocation of 42 families. The project, valued...Published: 06 Feb 2025 at 07:35hrs | 369 | by Staff reporter
Bulawayo City Council slashes shop, sports and social club rates
In a significant move to alleviate the compliance burden on businesses, the Bulawayo City Council (BCC) has announced a reduction of shop licence fees and sports and social club rates by 30%. This dec...Published: 06 Feb 2025 at 07:33hrs | 1398 | by Staff reporter
Foreign companies must comply with Zimbabwe's labour laws
Zimbabwe must strengthen the enforcement of its labour laws to safeguard local workers employed by foreign businesses, particularly Chinese-owned mining firms, according to Dr. Wayne Malinga, a senior...Published: 05 Feb 2025 at 15:40hrs | 719 | by Staff reporter
Emmerson Dambudzo Mnangagwa Law School set to open in August
The Midlands State University (MSU)'s Emmerson Dambudzo Mnangagwa Law School in Kwekwe is on track to open its doors in August this year, with construction nearing completion. With over 300 workers on...Published: 05 Feb 2025 at 11:44hrs | 617 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 350 | by Staff reporter
Elon Musk piles pressure on Ramaphosa
Barely a day after US President Donald Trump threatened to cut funding to South Africa because of the country's new land expropriation laws, one of his biggest backers - Elon Musk - piled the pressure...Published: 05 Feb 2025 at 10:27hrs | 649 | by Staff reporter
So war veterans get $7.50 whilst Zvigananda walk away with millions!
The insults against the people of Zimbabwe continue.The recent launch of the so-called Presidential War Veterans Fund by the Zimbabwean government exposes the deep contradictions, hypocrisy, a...Published: 04 Feb 2025 at 22:41hrs | 1605 | by Tendai Ruben Mbofana
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1014 | by Tendai Ruben Mbofana
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2005 | by Staff reporter
Zimbabwe tightens noose on informal sector
The government has announced stringent measures aimed at protecting the formal sector from what it describes as unfair competition posed by informal traders.In a statement released on Friday f...Published: 01 Feb 2025 at 08:56hrs | 623 | by Staff reporter
Time ticking out for Mnangagwa
2025 is going to be a very busy year in Zimbabwe politically, socially, and economically.There are really fundamental concerns that are gaining centre stage in the political sector, to be spec...Published: 31 Jan 2025 at 16:08hrs | 2183 | by Leonard Koni
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 551 | by Staff reporter
Dr. Tungwarara's call for repression is a betrayal of Zimbabwe's struggle
I was left utterly speechless when I stumbled upon a news report in The Herald, the state-controlled daily newspaper.In it, Dr. Paul Tungwarara, the Special Presidential Investment Advisor to ...Published: 30 Jan 2025 at 22:29hrs | 678 | by Tendai Ruben Mbofana
Potraz warns of severe disruptions to Telecom Services amid power shortages
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has issued a stark warning about severe disruptions to the telecommunications sector in Zimbabwe, with worsening power short...Published: 30 Jan 2025 at 07:00hrs | 202 | by Staff reporter
Hwange Power Station breaches 1 000MW output
Consumers across Zimbabwe have expressed their satisfaction with the recent improvement in power supply, attributed to the successful completion of maintenance works at the Hwange Power Station. The f...Published: 30 Jan 2025 at 06:52hrs | 3137 | by Staff reporter
Zimbabwe economy implodes
Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retai...Published: 29 Jan 2025 at 08:49hrs | 1329 | by Staff reporter
ILO supports Bulawayo entrepreneurs
The International Labour Organisation (ILO), in collaboration with Dial Honour Consultancy, is set to assist start-up entrepreneurs in Bulawayo with a training workshop aimed at improving financial ma...Published: 29 Jan 2025 at 08:46hrs | 117 | by Staff reporter
ZIMRA warned against intensified anti-smuggling campaign
Experts in the retail sector have called for caution in the government's ongoing anti-smuggling campaign, warning that its current trajectory may lead to sharp increases in the prices of basic commodi...Published: 28 Jan 2025 at 07:07hrs | 1447 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1077 | by Staff reporter
Zimbabwe govt tightens screws on smuggling rings
The Zimbabwean government has intensified its efforts to combat smuggling with the introduction of new regulations targeting 19 categories of goods often brought into the country illegally. The measur...Published: 28 Jan 2025 at 07:00hrs | 202 | by Staff reporter
Zimbabwe's retail sector faces collapse
The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and ...Published: 27 Jan 2025 at 08:16hrs | 381 | by Staff reporter
Zimbabwe govt vows to confiscate and burn second-hand clothing
Tafadzwa Muguti, Permanent Secretary for Presidential Affairs and Devolution in the Office of the President and Cabinet, has reiterated that the importation and sale of second-hand clothing in Zimbabw...Published: 25 Jan 2025 at 15:43hrs | 901 | by Staff reporter
Is Zimbabwe strictly enforcing anti-smuggling campaign in 1 region?
Presidential Affairs and Devolution Permanent Secretary, Engineer Tafadzwa Muguti, has applauded Bulawayo Metropolitan Province for spearheading the most effective anti-smuggling campaign in the count...Published: 24 Jan 2025 at 17:39hrs | 588 | by Staff reporter
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