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Revolt grows against Zimbabwe's punitive tax regime
Zimbabwe's fragile fiscal environment is fast morphing into a full-blown corporate crisis, with major companies publicly condemning government's "highly complex and punitive" tax system and increasing...Published: 05 Sep 2025 at 07:26hrs | 435 | by Staff reporter
Zimbabwe's GMB rolls out AI-powered silos
The Grain Marketing Board (GMB) has begun a nationwide rollout of Artificial Intelligence (AI)-powered smart silos, with 14 state-of-the-art facilities set to transform Zimbabwe's grain handling and s...Published: 04 Sep 2025 at 13:20hrs | 305 | by Staff reporter
Sugar tax harming Zimbabwe’s beverage industry
Zimbabwe’s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the country’s sugar content surtax on beverages is crippling local manufacturers and und...Published: 03 Sep 2025 at 09:02hrs | 123 | by Staff reporter
Top athlete demanded US$3m to market Zimbabwe
A high-profile Zimbabwean sportsperson based abroad demanded US$3 million annually to promote the country as a tourism destination, Tourism and Hospitality Industry Minister Barbara Rwodzi has reveale...Published: 03 Sep 2025 at 08:35hrs | 188 | by Staff reporter
OK Zimbabwe unveils turnaround plan
OK Zimbabwe has launched a sweeping turnaround strategy aimed at rescuing the country's largest supermarket chain from financial distress. Returning chief executive Willard Zireva described the compan...Published: 02 Sep 2025 at 07:07hrs | 1076 | by Staff reporter
Zimbabwe cracks down on counterfeit products
Zimbabwean authorities have launched a major crackdown on counterfeit goods amid growing concerns about consumer safety and the influx of fake products in local markets.The Zimbabwe Republic P...Published: 02 Sep 2025 at 06:54hrs | 199 | by Staff reporter
Inflation slowdown boosts confidence in ZiG stability
Zimbabwe recorded a marked slowdown in price growth in August, strengthening government claims that currency reforms are beginning to stabilise the economy, despite year-on-year inflation remaining hi...Published: 28 Aug 2025 at 06:54hrs | 265 | by Staff reporter
Spur to open second outlet in Zimbabwe
Spur Corporation will open a new Doppio Zero restaurant in Harare this November, marking the brand's second outlet outside South Africa as the company pursues an expansion strategy across multiple cou...Published: 27 Aug 2025 at 19:34hrs | 327 | by Staff reporter
Zimbabwe, Zambia hold high-level meeting to curb smuggling
Rising cases of drug trafficking and the influx of cheap and counterfeit goods have prompted Zimbabwe and Zambia to convene a high-level security meeting aimed at strengthening border co-operation....Published: 27 Aug 2025 at 05:58hrs | 108 | by Staff reporter
Zimbabwe records historic milk production milestone
Zimbabwe's dairy industry achieved a historic milestone in July, producing a record 10 million litres of milk—the highest monthly output in recent years.Figures released at the ongoing Zimba...Published: 27 Aug 2025 at 05:56hrs | 198 | by Staff reporter
Zesa completes massive meter rollout project
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has successfully migrated 99 percent of its customers in Bulawayo's historic suburbs from outdated metering systems to modern pre...Published: 25 Aug 2025 at 06:01hrs | 304 | by Staff reporter
RBZ to engage mobile operators on currency parity
The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar un...Published: 25 Aug 2025 at 06:00hrs | 426 | by Staff reporter
CCZ, govt launch QR code system
The Consumer Council of Zimbabwe (CCZ), in partnership with the Ministry of Industry and Commerce, has unveiled a new initiative to combat the rising threat of counterfeit goods in local markets....Published: 24 Aug 2025 at 19:24hrs | 198 | by Staff reporter
Are Zimbabwe economic growth rates real?
Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and i...Published: 21 Aug 2025 at 13:08hrs | 291 | by Delani Mangena
South Africa is in serious trouble
South Africa has been hit by some of the highest tariffs of any country, with increased duties placed on its goods exported to the United States. At 30%, the tariffs on South Africa are t...Published: 20 Aug 2025 at 11:07hrs | 1784 | by Staff reporter
Street vending ban could worsen economic hardship?
Economists have raised concerns over the government's decision to ban street and night vending across Zimbabwe's central business districts (CBDs), warning that the move could intensify economic hards...Published: 20 Aug 2025 at 09:37hrs | 188 | by Staff reporter
RBZ to regulate AI in Zimbabwe's banks
The Reserve Bank of Zimbabwe (RBZ) is developing specific rules to regulate the use of artificial intelligence (AI) within the country's financial institutions, signaling a major step toward modernizi...Published: 19 Aug 2025 at 18:30hrs | 147 | by Staff reporter
Starlink users in Zimbabwe pay USD$5 regulatory fee
The launch of Starlink in Zimbabwe was initially met with excitement, promising high-speed, reliable, and affordable internet in a country long plagued by erratic connectivity and steep costs. However...Published: 17 Aug 2025 at 12:43hrs | 4204 | by Staff reporter
FBC urges clear Zimbabwe de-dollarisation framework
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves....Published: 15 Aug 2025 at 08:55hrs | 406 | by Staff reporter
Authorities crack down on smuggling and fake goods
Authorities have intensified a nationwide crackdown on smuggling and consumer rights violations, inspecting 3,779 businesses across the country, prosecuting 419 offenders, and seizing more than 4,800 ...Published: 14 Aug 2025 at 10:46hrs | 196 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 132 | by Staff reporter
How our love for violent entertainment is breeding a violent Zimbabwe
Entertainment may seem like harmless fun, but the evidence shows it can unravel the very fabric of a society.Three recent stories from Zimbabwe have pierced my heart this past few days-tragic ...Published: 13 Aug 2025 at 20:59hrs | 179 | by Tendai Ruben Mbofana
Ministry steps up unannounced business inspections
The Ministry of Industry and Commerce has announced that more impromptu inspections will be carried out to ensure businesses comply with legal and regulatory standards.In an interview, Communi...Published: 13 Aug 2025 at 13:01hrs | 348 | by Staff reporter
Zimbabwe conducts digital currency survey
The Reserve Bank of Zimbabwe (RBZ) has intensified its preparations to introduce a Central Bank Digital Currency (CBDC) through a phased approach, starting with consumer perception surveys to gauge pu...Published: 12 Aug 2025 at 08:41hrs | 277 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 217 | by Staff reporter
Lab-grown diamonds causing havoc
South Africa's cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1 percent le...Published: 11 Aug 2025 at 10:16hrs | 774 | by Staff reporter
Bulawayo industrial decay raises alarm
Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are large...Published: 10 Aug 2025 at 10:13hrs | 744 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 198 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 478 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 430 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 160 | by Staff reporter
Mafume supports ban on pre-owned clothes
While the government faces criticism over its ban on the importation and sale of second-hand clothing in urban areas, Harare Mayor Jacob Mafume has publicly backed the move, warning that the capital c...Published: 08 Aug 2025 at 08:56hrs | 197 | by Staff reporter
Zimbabwe to introduce AI at schools
The Ministry of Information Communication Technology, Postal and Courier Services, in collaboration with the Ministry of Primary and Secondary Education, is working on a plan to introduce Artificial I...Published: 07 Aug 2025 at 17:44hrs | 590 | by Staff reporter
Supermarket selling expired soft drinks
Gutai Foods Supermarket, located at Mucheke Business Centre, has been fined US$200 for selling expired beverages following a court ruling by Magistrate Caroline Tafira Nyoni.In addition to the...Published: 07 Aug 2025 at 13:27hrs | 573 | by Staff reporter
Retailer fined for selling fong kong maize meal
A local business, Natbase Investments (Private) Limited, has been fined US$300 after it was caught selling counterfeit maize meal falsely labelled under a prominent Zimbabwean brand.The compan...Published: 07 Aug 2025 at 13:17hrs | 333 | by Staff reporter
WhatsApp takes down 6.8 million accounts
WhatsApp has taken down 6.8 million accounts that were "linked to criminal scam centers" targeting people online around that world, its parent company Meta said this week.The account deletions...Published: 07 Aug 2025 at 09:14hrs | 577 | by Staff reporter
Zimbabwe govt licences more import assessors
The Government has expanded the Consignment Based Conformity Assessment (CBCA) Programme by appointing two additional service providers, effective 1 August 2025.The Ministry of Industry and Co...Published: 06 Aug 2025 at 22:11hrs | 283 | by Staff reporter
Fake car parts flood Zimbabwe
The Central Mechanical Equipment Department (CMED) has issued a strong warning about the increasing circulation of counterfeit motor vehicle spare parts and maintenance products in Zimbabwe. The depar...Published: 06 Aug 2025 at 22:07hrs | 536 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 69 | 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 | 64 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 466 | by Staff Reporter
Zimbabwe raises US$25.4 million from sugar tax
Zimbabwe has raised ZiG685.8 million, equivalent to approximately US$25.4 million, from the sugar content tax between January and May 2025, with the funds earmarked for the procurement of critical can...Published: 03 Aug 2025 at 18:56hrs | 191 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 255 | by Staff reporter
Econet defends fair usage policy amid backlash
Econet Wireless Zimbabwe has come under fire from some of its SmartBiz customers following the enforcement of its Fair Usage Policy (FUP) on "unlimited" data packages.Critics say the move unde...Published: 01 Aug 2025 at 13:47hrs | 680 | 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 | 817 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 632 | 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 | 383 | by Staff reporter
Zimbabwe govt to slash ZBC radio fees
After months of mounting pressure from citizens and lawmakers, the Zimbabwean government is set to reduce the cost of Zimbabwe Broadcasting Corporation (ZBC) radio and television licence fees, with a ...Published: 31 Jul 2025 at 18:53hrs | 2002 | by Staff reporter
Zimbabwe inflation surges to 95.8%
Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...Published: 31 Jul 2025 at 12:58hrs | 346 | by Staff reporter
Zimbabwe cabinet approves Postal and Telecoms Bill
Cabinet has approved the Postal and Telecommunications Amendment Bill aimed at aligning Zimbabwe's telecommunications framework with current trends and emerging technological developments.Info...Published: 31 Jul 2025 at 12:49hrs | 214 | by Staff reporter
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