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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 | 3812 | by Staff reporter
Harare council warns of road closures
Harare drivers should prepare for significant traffic disruptions on Saturday, June 7, 2025, as the City of Harare has announced widespread road closures in the Central Business District (CBD) to comm...Published: 03 Jun 2025 at 11:58hrs | 5532 | 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 vehicle insurance now tied to propaganda licence
Zimbabwe has officially ushered in a new era in media regulation with the gazetting of the Broadcasting Services Amendment Act (No. 2 of 2025), following President Emmerson Mnangagwa's assent. The law...Published: 26 May 2025 at 19:39hrs | 405 | by Staff reporter
Highlanders Club house kitchen operating without license
The kitchen at the Highlanders Football Club House is among several facilities in Bulawayo that were found operating without a valid license, according to a recent report by the Bulawayo City Council ...Published: 15 May 2025 at 18:03hrs | 554 | by Staff reporter
OK Zimbabwe targets US$30 million capital raise to revive operations
OK Zimbabwe Limited, the country's largest retail chain, says it is in advanced discussions to raise US$30 million in fresh capital as part of a strategic plan to revive its operations, clear debts, a...Published: 07 May 2025 at 09:22hrs | 327 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
Zimbabwe govt urged to address Bulawayo de-industrialisation
Former Speaker of Parliament, Lovemore Moyo, has urged the Zimbabwean government to urgently address the ongoing de-industrialisation of Bulawayo, warning that the city's transformation from an indust...Published: 17 Apr 2025 at 09:01hrs | 367 | by Staff reporter
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 | 1981 | by Staff reporter
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1055 | by Tendai Ruben Mbofana
Zimbabwe asset management landscape shifting
The asset management landscape in Zimbabwe is undergoing a significant transformation, with notable shifts in the allocation of funds under management (FUM), signaling a more cautious and strategic ap...Published: 15 Mar 2025 at 12:01hrs | 297 | by Staff reporter
Bombshell fires up Zimbabwe's succession battle
It was a war veteran and senior Zanu-PF member named Blessed Geza, also known as "Bombshell", who launched a verbal offensive against Mnangagwa.A long convoy of armoured personnel tanks rollin...Published: 13 Mar 2025 at 07:16hrs | 3838 | by Staff reporter
Heavy rains 'restrict' cross border smuggling
SOUTH AFRICA Border Management Authority (BMA) says although four of its border gates remain closed due to flooding, the weather phenomenon actually serves as a natural deterrent to illegal crossings ...Published: 07 Mar 2025 at 10:36hrs | 431 | by Staff reporter
Tagwirei linked wealth managers in OK shares buying spree
Akribos Wealth Managers, a prominent asset management firm with connections to local businessman Kuda Tagwirei, has made a major splash in the Zimbabwean stock market by purchasing a combined 16,338,2...Published: 03 Mar 2025 at 13:03hrs | 12371 | by Staff reporter
Corporate Raiding Plot Unraveling: Nssa and RTG Directors Meet to Tackle Manipulation of Share Prices and Takeover Attempt
NATIONAL Social Security Authority (Nssa) and Rainbow Tourism Group (RTG) directors and management executives are set to meet today to deal with the plot to take over the tourism and hospitality giant...Published: 25 Feb 2025 at 13:16hrs | 357 | by NewsHawks
Zimbabwe expands steel industry as global plants shut down
While steel plants worldwide face closures, Zimbabwe is making significant strides in expanding its steel industry. President Emmerson Mnangagwa has officiated at the groundbreaking ceremony for the U...Published: 24 Feb 2025 at 17:01hrs | 1024 | by Staff reporter
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 | 1675 | by Staff reporter
Bulawayo City Council Enforces Stricter Dog Regulations
The City of Bulawayo has issued a notice to all dog owners regarding new and existing regulations on pet ownership within the council area. The move comes in response to an increase in the number of d...Published: 14 Feb 2025 at 10:45hrs | 889 | by Mandla Bhebhe
Mass NGO, CSO closures loom in Zimbabwe
The Private Voluntary Organisations (PVO) Amendment Bill, long criticized by rights activists and opposition groups as a tool to suppress dissent and shrink democratic space, has cleared the Senate an...Published: 14 Feb 2025 at 06:08hrs | 755 | 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 | 883 | by Mandla Ndlovu
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6488 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1668 | by Staff reporter
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 | 1068 | 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 | 2050 | by Staff reporter
Delta challenges US$73 million tax assessments by ZIMRA
LISTED beverages giant, Delta Corporation Limited, is contesting tax assessments issued by the Zimbabwe Revenue Authority (ZIMRA) for amounts the company believes should have been payable exclusively ...Published: 30 Jan 2025 at 06:38hrs | 288 | 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 | 1353 | 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 | 385 | by Staff reporter
Zimbabwe lifts ban on cloven-hoofed animal imports from South Africa
The Red Meat Producers' Organisation (RPO) and Agricultural Business Chamber of South Africa (Agbiz) have welcomed Zimbabwe's recent move to lift the ban on the importation of cloven-hoofed animals an...Published: 20 Jan 2025 at 10:23hrs | 217 | by Staff reporter
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
Capitec closes accounts of Zimbabwean Exemption Permits holders
Zimbabwean Exemption Permits (ZEP) holders in South Africa have found their Capitec bank accounts closed, leaving many in a state of uncertainty. The sudden move has sparked concerns within the Zimbab...Published: 01 Jan 2025 at 10:27hrs | 7794 | by Staff reporter
Bulawayo Mayor appeals to God amid worsening water crisis
Bulawayo Mayor David Coltart has made an impassioned plea to God for rain as the city grapples with an escalating water crisis that he says is beyond the control of the Bulawayo City Council (BCC). In...Published: 20 Dec 2024 at 10:13hrs | 781 | by Mandla Ndlovu
Zimbabwe banking sector strengthens amid declining non-performing loans
The Reserve Bank of Zimbabwe (RBZ) has reported a significant improvement in the country's banking sector credit risk landscape, marked by a decrease in the ratio of non-performing loans (NPLs) to tot...Published: 24 Nov 2024 at 09:55hrs | 104 | by Staff reporter
Harare churches, schools face closure
The Harare City Council has announced plans to shut down illegal churches and other indoor gatherings operating without Certificates of Place of Assembly, urging operators to comply with safety regula...Published: 23 Nov 2024 at 12:48hrs | 473 | by Staff reporter
Zimbabwe's unemployment rate goes up
ZIMBABWE'S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country's economic downturn shows no signs of abating, latest Zimba...Published: 07 Nov 2024 at 07:15hrs | 461 | by Staff reporter
Retail outlets closes amid ZWG fluctuation
The recent spate of closures among prominent retail outlets in Zimbabwe has prompted Parliament to demand an explanation from Finance Minister Mthuli Ncube. The closures, attributed to the ongoing eco...Published: 05 Nov 2024 at 08:25hrs | 7834 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 850 | by Tendai Ruben Mbofana
Pravin Gordhan kicks the proverbial bucket
Pravin Gordhan served as a minister during the state capture years. But he will also be remembered for being among those who pushed back against its architects.Gordhan passed away on Friday at...Published: 13 Sep 2024 at 06:34hrs | 1029 | by Staff reporter
Zimbabwe platinum output to remain stable
Platinum production in Zimbabwe is expected to remain stable this year, with global demand projected to rise by 3% to approximately 226,000 ounces, according to a report released by the World Platinum...Published: 11 Sep 2024 at 08:51hrs | 61 | by Staff reporter
Zimbabwe govt shuts down 368 illegal colleges, VTCs
The government has shut down 368 technical and vocational training centres across the country for operating without the necessary documentation, in line with the Manpower Planning and Development Act ...Published: 09 Sep 2024 at 08:00hrs | 751 | by Staff reporter
Zimbabwe economy needs robust tax system
The Zimbabwe Revenue Authority (ZIMRA) is pushing for a modernized tax system to address the complexities of Zimbabwe's economy, particularly the predominantly cash-based informal sector. ...Published: 05 Sep 2024 at 07:07hrs | 143 | by Staff reporter
Mnangagwa's govt deploys soldiers for Sadc summit
The government has deployed soldiers in residential areas to maintain peace and order ahead of the 44th session of the SADC Heads of State and Government Summit, scheduled to be hosted by Harare ...Published: 08 Aug 2024 at 07:52hrs | 1051 | by Staff reporter
InDrive drivers cry foul over low fares in Bulawayo
InDrive drivers in Bulawayo have raised concerns about the rates set by the ride-hailing app, arguing that the current pricing model is unsustainable for their livelihoods.Drivers have highlig...Published: 01 Aug 2024 at 13:57hrs | 1049 | by Staff reporter
Corruption moving faster in Zimbabwe
Prosecutor-General Loyce Matanda-Moyo has highlighted the rampant spread of corruption in Zimbabwe, exacerbated by the absence of protections for whistleblowers who expose corrupt practices among the ...Published: 15 Jul 2024 at 08:13hrs | 356 | by Staff reporter
Power challenges delay Go Beer re-opening
Gweru Mayor Martin Chivhoko announced at a recent full council meeting that the servicing of equipment at the city's beer concern, Go Beer, has been completed. However, plans for reopening are hindere...Published: 10 Jul 2024 at 07:49hrs | 8 | by Staff reporter
Japanese car makers falsified safety test results
Some of Japan's best-known automakers have admitted to committing fraud in safety tests to get new vehicles certified for sale. The disclosures come after an official and wide-reaching investigation w...Published: 05 Jun 2024 at 09:19hrs | 14 | by Staff reporter
Nigerian billionaire Zimbabwe deals falter amid capital problems
WITH the help of Zimbabwean authorities who supported him amass platinum, gold, lithium, iron ore, tin and some rare earth mineral concessions, it first appeared like he was going far.At some poin...Published: 28 May 2024 at 12:46hrs | 11 | by Staff reporter
Bulawayo Council revamps CBD roads
THE Bulawayo City Council (BCC) has embarked on a road rehabilitation exercise targeting major roads in the city centre.The roads rehabilitation is part of a number of key projects the local a...Published: 26 Feb 2024 at 04:51hrs | 5 | by Staff reporter
Why close Sekunjalo Bank account when Steinhoff is still having one?
The decision to shut down the Sekunjalo Group's bank accounts and associated companies is a clear case of discrimination masquerading as concern over "reputational risk."Ongoing legal battles ...Published: 25 Feb 2024 at 08:12hrs | 1 | by Edmond Phiri
Bulawayo council embarks on road improvement project
Bulawayo City Council (BCC) has embarked on road improvement works around the city, a development that will enhance the state of roads in the Central Business District (CBD).Residents and stak...Published: 21 Feb 2024 at 07:27hrs | 3 | by Staff reporter
Headmaster fingered in students demo
THE headmaster at the Anglican-run St Faith High School in Rusape faces disciplinary action for allegedly inciting schoolchildren to protest over his impending transfer from the institution.Th...Published: 16 Feb 2024 at 04:59hrs | 2 | by Staff reporter
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