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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 | 345 | 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 | 192 | 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 | 125 | 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 | 166 | 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 | 336 | 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 | 224 | 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 | 198 | 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 | 766 | 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 | 674 | 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 | 194 | 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 | 457 | 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 | 427 | 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 | 158 | 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 | 189 | 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 | 585 | 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 | 572 | 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 | 330 | 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 | 576 | 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 | 275 | 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 | 531 | 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 | 66 | 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 | 57 | 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 | 460 | 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 | 184 | 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 | 253 | 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 | 676 | 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 | 812 | 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 | 630 | 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 | 1999 | 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 | 334 | 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 | 213 | by Staff reporter
Tobacco, gold dominate Zimbabwe's exports
Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...Published: 29 Jul 2025 at 18:26hrs | 183 | 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 | 422 | by Staff reporter
Zimra, Delta in fresh spat over taxes
The Zimbabwe Revenue Authority (Zimra) is demanding an additional US$73 million in tax from Delta Corporation Limited, escalating tensions between the tax agency and one of the country's largest corpo...Published: 27 Jul 2025 at 21:04hrs | 516 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 588 | by Staff reporter
Hungry Lion enters Zimbabwe market
South African fast-food giant Hungry Lion has officially entered the Zimbabwean market, launching its first branch at the newly opened Greenfields Retail Centre in Harare. The move marks the brand's i...Published: 24 Jul 2025 at 15:17hrs | 2778 | by Staff reporter
Buy Zimbabwe warns against unauthorised use of its insignia
Buy Zimbabwe, the prominent organisation championing the production, preference, and consumption of locally made goods, has issued a stern warning against the unauthorized use of its legally protected...Published: 24 Jul 2025 at 09:29hrs | 228 | by Staff reporter
Afreximbank backs Lake Kariba floating solar project
Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...Published: 24 Jul 2025 at 09:28hrs | 248 | by Staff reporter
Fake goods uncovered in Harare tuck shops
Zimbabwe has intensified efforts to root out counterfeit products from the market amid growing concerns over the health risks these goods pose to unsuspecting consumers.During a routine inspec...Published: 22 Jul 2025 at 17:57hrs | 421 | by Staff reporter
Edgars Zimbabwe customers seek longer payment plans
Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...Published: 21 Jul 2025 at 12:27hrs | 279 | by Staff reporter
Flo Petroleum fined for selling contaminated fuel
Ibhalabhala Private Limited, trading as Flo Petroleum, has been fined US$350 by Harare magistrate Mr. Gamuchirai Gore after being found guilty of selling contaminated fuel.Magistrate Gore orde...Published: 18 Jul 2025 at 20:50hrs | 240 | by Staff reporter
Harare plunged into darkness as Zesa switches off tower lights
Harare's last remaining tower lights were switched off this week, plunging Zimbabwe's capital further into darkness - a stark metaphor for the city's deepening governance crisis and financial dysfunct...Published: 18 Jul 2025 at 14:46hrs | 436 | by Staff reporter
Zesa spreads prepaid meters to farms
ZESA Holdings has been ordered to implement prepaid and smart electricity meters across all sectors of the economy by October this year, a government move aimed at enhancing revenue collection and cur...Published: 18 Jul 2025 at 08:30hrs | 87 | by Staff reporter
Zimra cracks down on fake tech flooding Zimbabwe's streets
Harare - The Zimbabwe Revenue Authority (Zimra) has launched a sweeping crackdown on counterfeit electronics flooding the country's markets, targeting fake mobile phones, laptops, and accessories that...Published: 17 Jul 2025 at 20:59hrs | 764 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 446 | by Staff reporter
Defaulting RDC cut off
Local authorities across Manicaland are grappling with mounting unpaid water bills and rates, leaving councils with limited options, including rationing supplies and introducing prepaid water meters, ...Published: 11 Jul 2025 at 08:36hrs | 157 | by Staff reporter
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
ZERA Announces New Fuel Prices Effective 9 July 2025
The Zimbabwe Energy Regulatory Authority (ZERA) has released the new petroleum prices for July 2025, which came into effect on Wednesday, 9 July. The updated prices apply until 4 August 2025 and refle...Published: 10 Jul 2025 at 13:57hrs | 1017 | by Staff Reporter
CZR calls for crackdown on rampant sale of counterfeit electronics
The Confederation of Zimbabwe Retailers (CZR) has raised alarm over the growing sale of counterfeit and fraudulently marketed electronic goods across the country, calling for an urgent multi-agency la...Published: 09 Jul 2025 at 14:31hrs | 159 | by Staff reporter
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