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Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 733 | by Staff reporter
Tagwirei breaks silence on Dema power plant tender
Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...Published: 26 Jun 2025 at 09:27hrs | 1252 | by Staff reporter
Masvingo City destroys 1,6t of chicken
The Masvingo City Council last Friday destroyed 1.6 tonnes of chicken smuggled into Zimbabwe from South Africa without veterinary clearance, declaring the consignment unfit for human consumption....Published: 24 Jun 2025 at 12:33hrs | 289 | by Staff reporter
Lithium rush a crossroads for Zimbabwe's future
Africa, which holds significant estimated shares of the world's total reserves of bauxite (24%), cobalt (49.4%), copper (7%), graphite (21%), lithium (6%), manganese (43%), nickel (4.2%) and rare eart...Published: 24 Jun 2025 at 10:27hrs | 314 | by Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
Consumer watchdog wants tough stance against substandard products
The Consumer Council of Zimbabwe (CCZ) has urged the government to strengthen enforcement of the Consignment-Based Conformity Assessment (CBCA) programme to shield consumers from substandard, co...Published: 24 Jun 2025 at 09:26hrs | 32 | by Staff reporter
China philosophy against imposing values
China seeks mutual learning and exchange among civilizations rather than cultural dominance, a Chinese history professor has emphasized during a lecture to Zimbabwean senior journalists. Xie Jun, from...Published: 22 Jun 2025 at 09:14hrs | 65 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 115 | by Staff reporter
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 135 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 96 | by Staff reporter
CZI sounds alarm over substandard goods in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has raised concern over the continued flood of substandard and mispriced goods entering the country, despite the existence of the Consignment-Based Confo...Published: 20 Jun 2025 at 06:05hrs | 126 | by Christopher Mutambirwa
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 | 1274 | by Staff reporter
Bulawayo City Council launches crackdown to clean CBD
Bulawayo City Council (BCC) has embarked on a city-wide crackdown targeting illegal street vending, with intensified day and night raids now actively underway in the Central Business District (CBD). T...Published: 18 Jun 2025 at 18:09hrs | 232 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 158 | by Staff reporter
Gweru, Kwekwe flagged as hotspots for fuel adulteration
The Zimbabwe Energy Regulatory Authority (Zera) has raised alarm over rampant fuel fraud in Gweru and Kwekwe, identifying the two Midlands cities as high-risk zones where unscrupulous traders are adul...Published: 18 Jun 2025 at 07:30hrs | 586 | by Staff reporter
Mobile phones, beds, and hoes top Zimbabwe household ownership
Mobile phones, beds, and agricultural tools such as axes and hoes are the most commonly owned household items in Zimbabwe, according to the latest Zimbabwe Demographic and Health Survey (ZDHS) for 202...Published: 17 Jun 2025 at 07:16hrs | 116 | by Staff reporter
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 105 | by Staff reporter
Zimbabwe names more illicit drinks
The Government has announced a sweeping ban on a range of dangerous alcoholic beverages through Statutory Instrument (S.I.) No. 62 of 2025, invoking the Harmful Liquids Act to combat the growing threa...Published: 13 Jun 2025 at 06:24hrs | 1327 | by Staff reporter
Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe
The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...Published: 12 Jun 2025 at 18:59hrs | 395 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1050 | by Staff reporyter
ZBFH to surrender building society licence by year-end
Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...Published: 11 Jun 2025 at 08:40hrs | 126 | by Staff reporter
BCC forgoes US$14million revenue
The Bulawayo City Council (BCC) has decided to maintain its 2024 commercial non-domestic property tax tariffs for the 2025 financial year, foregoing potential revenue exceeding US$14 million.T...Published: 11 Jun 2025 at 08:31hrs | 251 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
Zimbabwe to launch digital platform to fight counterfeit products
In a significant move to protect consumers and ensure fair trade, the Consumer Council of Zimbabwe (CCZ), in collaboration with the Ministry of Industry and Commerce, is preparing to launch a digital ...Published: 09 Jun 2025 at 12:39hrs | 211 | by Staff reporter
Diesel prices fall slightly
Local motorists and businesses are enjoying a modest but welcome reprieve as diesel prices steadily declined over the first half of 2025.From January to June, the price of diesel dropped by ab...Published: 09 Jun 2025 at 08:40hrs | 175 | by Staff reporter
Bulawayo council faces power cuts
The Bulawayo City Council (BCC) risks further electricity disconnections as the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) enters the final phase of its prepaid meter installat...Published: 09 Jun 2025 at 08:38hrs | 76 | by Staff reporter
Bulawayo councillors slam inaction amid worsening water crisis
City councillors have voiced mounting concern over Bulawayo's deepening water crisis, accusing the municipal committee responsible for managing future supplies of failing to provide practical solution...Published: 07 Jun 2025 at 15:05hrs | 339 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 180 | by Staff reporter
Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 06 Jun 2025 at 12:03hrs | 268 | by Staff reporter
Zimbabwe: A country where a Ferrari can't travel!
We live in a curious country.In traversing Zimbabwe's diverse and often rugged landscapes, one cannot help but notice the overwhelming presence of Sport Utility Vehicles (SUVs). F...Published: 05 Jun 2025 at 22:30hrs | 8632 | by Tendai Ruben Mbofana
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 05 Jun 2025 at 10:07hrs | 77 | by Staff reporter
RBZ projects inflation drop by September
The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...Published: 04 Jun 2025 at 13:31hrs | 131 | by Staff reporter
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 | 3989 | by Staff reporter
Zimbabwe moves to revive pharmaceutical sector
The Government of Zimbabwe has announced a comprehensive set of interventions aimed at revitalising the country's pharmaceutical industry, with a focus on increasing local drug production, reducing im...Published: 04 Jun 2025 at 09:33hrs | 184 | by Staff reporter
ZiG inflation rises to 92%
Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing t...Published: 31 May 2025 at 14:04hrs | 1095 | by Staff reporter
Nestlé injects US$7 million into Zimbabwe cereal production
Global food and beverage giant Nestlé has announced a US$7 million investment to expand its cereal manufacturing operations in Harare, reinforcing Zimbabwe's strategic role as a regional production h...Published: 29 May 2025 at 17:47hrs | 204 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 330 | by Staff reporter
Zimbabwe's weighted inflation rate hits 0% in May
Zimbabwe's monthly weighted average inflation rate fell to 0 percent in May 2025, marking a significant step toward economic stability and price predictability across both local and foreign currency m...Published: 29 May 2025 at 10:12hrs | 119 | by Staff reporter
Zimbabwe govt moves to break Tongaat Hulett's monopoly
The Zimbabwean government has announced plans to introduce new players into the sugarcane milling industry to break the monopoly held by Tongaat Hulett Zimbabwe, a move aimed at boosting competition, ...Published: 22 May 2025 at 12:07hrs | 890 | by Staff reporter
Lake Chivero water crisis deepens, cancer risk soars
Once a cherished symbol of Zimbabwe's natural heritage and a critical lifeline for the capital's water supply, Lake Chivero is now the epicenter of a deepening public health crisis, with new research ...Published: 22 May 2025 at 11:35hrs | 531 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 383 | by Staff reporter
Zimbabwe set for 300MW coal power plant boost
Zimbabwe's push to strengthen its energy infrastructure has received a significant boost, with independent power producer Huoyuntong Investments (Private) Limited applying to establish a 300-megawatt ...Published: 20 May 2025 at 09:47hrs | 290 | by Staff reporter
Zimbabweans set new beer consumption record
Zimbabweans consumed a staggering 2.66 million hectolitres of lager beer in 2024, marking a notable increase from previous years, according to newly released figures from Delta Corporation, the countr...Published: 17 May 2025 at 16:54hrs | 1252 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 133 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 667 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 99 | by Staff reporter
Hwange Power Station output increases as repairs near completion
Zimbabwe's largest coal-fired power plant, the Hwange Thermal Power Station, is steadily recovering operations after a technical fault earlier this month disrupted power production on several units....Published: 15 May 2025 at 14:41hrs | 224 | by Staff reporter
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1228 | by Staff reporter
Edgars Zimbabwe shifts focus to low-end market
Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...Published: 13 May 2025 at 10:19hrs | 376 | by Staff reporter
Zimbabwe pavilion captivates global audience at Expo 2025 Osaka
Zimbabwe's participation at Expo 2025 Osaka is drawing global attention, with its vibrant and innovative pavilion standing out in the Commons B zone, a shared space that features 26 countries from Afr...Published: 13 May 2025 at 10:05hrs | 72 | by Staff reporter
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