Search / Competitiveness
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 36 mins ago | 20 | by Staff reporter
Zida launches eRegulations portal
The Zimbabwe Investment Development Agency (Zida) has launched a new digital platform, the eRegulations portal, aimed at reducing bureaucratic red tape and enhancing the quality and ease of doing busi...Published: 07 Aug 2025 at 09:12hrs | 39 | by Staff reporter
FC Platinum finally suspends players for match fixing
Zimbabwean football powerhouse FC Platinum is facing a storm of controversy after suspending two key players over suspected match-fixing during their recent clash with rising rivals, Scotland FC. The ...Published: 06 Aug 2025 at 21:59hrs | 431 | by Staff reporter
Mnangagwa backs Victoria Falls cricket stadium project
President Emmerson Mnangagwa has reiterated his government's full backing of the construction of a world-class 10,000-seater cricket stadium in Victoria Falls, a major infrastructure project expected ...Published: 05 Aug 2025 at 18:32hrs | 550 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 56 | by Staff reporter
Mnangagwa to launch National Tourism policy
President Emmerson Mnangagwa is set to officially launch Zimbabwe's National Tourism Policy today in Harare, unveiling a strategic blueprint designed to transform the country into a world-class touris...Published: 04 Aug 2025 at 08:49hrs | 122 | by Staff reporter
Hwange units 7 and 8 power Zimbabwe's energy stability
Zimbabwe's energy security has received a major boost from Hwange Thermal Power Station's Units 7 and 8, which have emerged as vital contributors to the national grid, powering key economic sectors in...Published: 03 Aug 2025 at 19:16hrs | 320 | by Staff reporter
Zimbabwe govt sounds alarm over skills mismatch
The Government of Zimbabwe has raised urgent concern over the growing mismatch between the skills produced by the country's education system and the rapidly evolving demands of the labour market, warn...Published: 02 Aug 2025 at 16:22hrs | 363 | by Staff reporter
+120k litres of Zimbabwean milk rejected for export
Zimbabwe's dairy sector is under scrutiny after it was revealed that over 120,000 litres of milk earmarked for export were rejected by mid-year due to contamination, a staggering increase from the 39,...Published: 02 Aug 2025 at 13:18hrs | 529 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 810 | by Staff reporter
Paramount, Alliance dispute over redress spills into court
Paramount Garment Works has taken its dispute with Alliance Insurance to the High Court, seeking enforcement of what it says was the insurer's commitment to rebuild its Southerton factory destroyed by...Published: 01 Aug 2025 at 13:14hrs | 145 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 160 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 381 | by Staff reporter
Smuggled Zambian tobacco seeds raise alarm in Zimbabwe
Tobacco industry stakeholders in Zimbabwe have sounded the alarm over a surge in cheap, low-quality tobacco seeds allegedly smuggled from Zambia, warning that the influx threatens to erode the country...Published: 31 Jul 2025 at 08:18hrs | 130 | by Staff reporter
Mnangagwa orders immediate reforms to ease doing business
President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting on...Published: 30 Jul 2025 at 10:06hrs | 429 | by Staff reporter
Govt unveils low-cost fuel retail outlets for rural areas
In a major step towards improving fuel accessibility in underserved communities, the Zimbabwean government has announced plans to roll out containerised, portable, and low-cost fuel retail outlets in ...Published: 29 Jul 2025 at 08:58hrs | 972 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 416 | by Staff reporter
Zimra goes digital
The Zimbabwe Revenue Authority (ZIMRA) has announced that all Common Market for Eastern and Southern Africa (COMESA) Certificates of Origin will now be issued online, marking a major advancement in Zi...Published: 28 Jul 2025 at 13:24hrs | 315 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 74 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 45 | by Staff reporter
Zimbabwe dairy sector grows, but
Zimbabwe's dairy industry has recorded encouraging growth, with raw milk production rising by 15% over the past year. However, escalating feed costs - which account for 80% of production expenses — ...Published: 25 Jul 2025 at 09:35hrs | 114 | by Staff reporter
Zimbabwe SMEs crushed by annual compliance fees
Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is drivi...Published: 24 Jul 2025 at 14:34hrs | 128 | by Staff reporter
Zimbabwe's Sables Path to RWC 2027
Zimbabwean rugby has re-emerged as one of Africa's most compelling sporting stories, with the national team, the Sables, charting a historic course toward the 2027 Rugby World Cup in Australia. After ...Published: 21 Jul 2025 at 18:28hrs | 90 | by Marilyn Mutize
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 473 | by Staff reporter
Zimbabwe urged to bolster R&D and Resilience in move toward NDS2
Zimbabwe's economy could take a major leap forward - if it boosts research, innovation, and industrial resilience, experts say. The Zimbabwe Competitiveness Report has sparked calls for all sectors to...Published: 17 Jul 2025 at 08:42hrs | 56 | by Gideon Madzikatidze/Simbarashe Sithole
Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 85 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 180 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 249 | by Staff reporter
Karate team brings 8 medals from Namibia
The Zimbabwe karate team returned home on Sunday to a warm welcome after a commendable performance at the AUSC Region 5 Games, where they won eight medals across team and individual events. The team d...Published: 07 Jul 2025 at 17:17hrs | 154 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1690 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 308 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 170 | by Staff reporter
Zimbabwe Tourism Authority in hunt for new CEO
The Zimbabwe Tourism Authority (ZTA) has officially begun the hunt for a new substantive Chief Executive Officer, a strategic leadership role expected to shape and deliver Zimbabwe's vision of becomin...Published: 02 Jul 2025 at 17:43hrs | 1171 | by Staff reporter
Zimbabwe suspends excise duty on raw wine imports
In a move aimed at boosting the local wine industry, the Zimbabwean government has suspended excise duty on imported raw wine for approved manufacturers. The measure, announced through Statutory Instr...Published: 28 Jun 2025 at 15:06hrs | 112 | by Staff reporter
Parly pushes for urgent overhaul of Zimbabwe's outdated steel laws
Parliament has called for swift amendments to Zimbabwe's antiquated Iron and Steel Act of 1942, warning that the outdated legislation is stifling the country's steel industry, undermining export compe...Published: 26 Jun 2025 at 11:18hrs | 271 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 166 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 192 | by Staff reporter
SADC pushes for education reform to spur industry
Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...Published: 24 Jun 2025 at 10:25hrs | 81 | by Staff reporter
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 245 | by Staff reporter
3 shortlisted for Bosso CEO job
Highlanders Football Club are poised to appoint a new chief executive officer, with final interviews for the vacant post expected to conclude on Friday morning.The CEO position has been unoccu...Published: 21 Jun 2025 at 14:35hrs | 598 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 187 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Mutambara urges Zimbabweans to upskill for AI-driven economy
Former Deputy Prime Minister Arthur Mutambara has issued a compelling call to action, urging Zimbabweans to commit to continuous learning and skills development in response to the transformative impac...Published: 12 Jun 2025 at 18:59hrs | 88 | by Staff reporter
Mandatory radio licence risks fuelling Zimbabwe corruption
The recently enacted Broadcasting Services Amendment Act No. 2 of 2025, which makes it mandatory for all motorists to pay for a Zimbabwe Broadcasting Corporation (ZBC) radio licence before renewing ve...Published: 11 Jun 2025 at 09:11hrs | 1003 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 239 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 135 | by Staff reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 129 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 263 | by Staff reporter
Mnangagwa defends Geo Pomona Waste deal
President Emmerson Mnangagwa has defended the controversial takeover of Harare's waste management by Geo Pomona Waste Management, claiming the arrangement will significantly improve a sector long negl...Published: 06 Jun 2025 at 09:40hrs | 121 | 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 | 2968 | by Staff reporter
Load More Stories