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Zimbabwe's digital transactions surge to ZiG89bn
Zimbabwe has seen a sharp rise in digital payments, with the value of retail transactions jumping 35 percent in the second quarter of 2025, according to the Reserve Bank of Zimbabwe (RBZ). The total v...Published: 23 hrs ago | 225 | by Staff reporter
Zimbabwe farmers warn of food shortages
Farmers' unions have warned that Zimbabwe may face food shortages despite forecasts of an early and above-normal rainy season.The Meteorological Services Department recently predicted that rai...Published: 23 hrs ago | 338 | by Staff reporter
Air Zimbabwe reveals Harare-Mutare flight fares
Air Zimbabwe has announced ticket prices and schedules for its new Harare-Mutare flights, sparking mixed reactions from the travelling public and industry stakeholders.Unveiled during the Sang...Published: 02 Sep 2025 at 05:57hrs | 453 | by Staff reporter
Zimbabwe central bank launches ZiG Confidence survey
THE Reserve Bank of Zimbabwe (RBZ) has embarked on a fresh nationwide survey to assess confidence in the Zimbabwe Gold (ZiG) currency, more than a year after it was introduced as the country's sole le...Published: 02 Sep 2025 at 05:53hrs | 114 | by Staff reporter
Zimbabwe's amazing story
In most parts of the world, ownership of property and vehicles often comes with years of debt, mortgages and bank loans. Yet in Zimbabwe, a unique economic reality has been created, a culture where ci...Published: 01 Sep 2025 at 16:15hrs | 497 | by Engineer Jacob Kudzayi Mutisi
Tourism sector applauds government's move to slash fees and levies
Zimbabwe's tourism industry has welcomed the government's recent decision to cut levies, taxes, and permit fees by up to 50 percent—a move expected to restore the sector's competitiveness and unlock...Published: 01 Sep 2025 at 15:14hrs | 222 | by Staff Reporter
Stanbic Bank reports strong half-year 2025 profit after tax of ZWG682.2 million
Stanbic Bank Zimbabwe achieved a profit after tax of ZWG682.2 million for the half-year ended 30 June 2025, demonstrating robust growth and resilience in a challenging operating environment.Th...Published: 01 Sep 2025 at 15:00hrs | 93 | by Staff Reporter
Zimbabwe firms brace for dollar exit
The Confederation of Zimbabwe Industries (CZI) has urged the government to back its de-dollarisation strategy with binding legal instruments, warning that without a formal framework, business confiden...Published: 31 Aug 2025 at 21:15hrs | 567 | by Staff reporter
Can it truly be called empowerment if women still believe their worth lies in pleasing men's desires?
I am sure we have all come across the ever-increasing number of pictures and videos flooding our social media timelines. A quick scroll through platforms such as TikTok, Instagram, or eve...Published: 31 Aug 2025 at 21:07hrs | 161 | by Tendai Ruben Mbofana
RBZ's façade of progress and stability is short-sighted and unsustainable
The fairy tales and false assurances continue unabated.The announcement by the Reserve Bank of Zimbabwe (RBZ) that foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency h...Published: 31 Aug 2025 at 20:46hrs | 128 | by Tendai Ruben Mbofana
VFEX hits record performance
The Victoria Falls Stock Exchange (VFEX) has achieved a remarkable year-to-date performance, solidifying its reputation as a leading US dollar-based bourse in the region. The exchange has surged 24 pe...Published: 31 Aug 2025 at 09:46hrs | 18 | by Staff reporter
Zimbabwe trade deficit drops 94.5% in July
Zimbabwe's external trade position saw a remarkable turnaround in July 2025, with the nation's goods trade deficit plunging by 94.5 percent to just US$8.7 million, according to the Zimbabwe National S...Published: 31 Aug 2025 at 09:19hrs | 50 | by Staff reporter
Zimbabwe risks missing out on AfCFTA gains
Zimbabwe is at risk of missing out on the vast opportunities of the African Continental Free Trade Area (AfCFTA) as bureaucratic delays stall the gazetting of tariffs and rules of origin needed to unl...Published: 29 Aug 2025 at 05:57hrs | 284 | by Staff reporter
Zimbabwe oil and gas project gains momentum
The Muzarabani oil and gas project has advanced into a new phase following the signing of a consolidated Production and Profit-Sharing Agreement (PPSA) between the Government and Invictus Energy, a la...Published: 28 Aug 2025 at 22:44hrs | 416 | 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 | 262 | by Staff reporter
Zimbabwe's gold exports soar
Zimbabwe's gold exports surged to US$1,385 billion in the first seven months of 2025, a 60,5 percent increase from the US$863,1 million recorded during the same period last year, according to the late...Published: 28 Aug 2025 at 06:53hrs | 375 | by Staff reporter
RBZ begins production of redesigned ZiG banknotes
The Reserve Bank of Zimbabwe (RBZ) has commenced production of redesigned ZiG banknotes, set to enter circulation soon as part of the central bank's de-dollarisation roadmap, which targets a transitio...Published: 26 Aug 2025 at 07:55hrs | 493 | by Staff reporter
RBZ to engage mobile operators on currency parity
The Reserve Bank of Zimbabwe (RBZ) has announced plans to work with mobile network operators to ensure parity in trading between the local gold-backed Zimbabwe Gold (ZiG) currency and the US dollar un...Published: 25 Aug 2025 at 06:00hrs | 424 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 370 | by Staff reporter
Bulawayo's food insecure received pay outs
More than 39 000 vulnerable and food-insecure people in Bulawayo received monthly allowances of up to US$13 between October 2024 and mid-2025, Parliament has been informed.Public Service, Labo...Published: 24 Aug 2025 at 09:50hrs | 125 | by Staff reporter
Traders seek Chiwenga's help over market fees
Vice-President Constantino Chiwenga has been dragged into a heated dispute at Harare's Mbare Musika retail market, where traders are protesting against what they describe as "extortionist fees" and ex...Published: 24 Aug 2025 at 09:21hrs | 132 | by Staff reporter
Harare suburban office rentals surge
Rental rates for office space in Harare's suburbs have jumped by 20% over the past year, as corporates accelerate their decade-long migration from the city's central business district (CBD), a new rep...Published: 23 Aug 2025 at 18:04hrs | 461 | by Staff reporter
ASIF endorses Mutapa Investment Fund
The African Sovereign Investors Forum (ASIF) has formally welcomed the Mutapa Investment Fund (MIF) as its newest member, marking a significant milestone for Zimbabwe's sovereign wealth fund.F...Published: 23 Aug 2025 at 14:58hrs | 154 | by Staff reporter
Zimbabwe FIU fines 4 banks over weak AML Controls
Zimbabwe's Financial Intelligence Unit (FIU) fined four banks up to US$30 000 each last year after uncovering serious lapses in anti-money laundering (AML) and counter-terrorist financing (CFT) system...Published: 22 Aug 2025 at 13:20hrs | 477 | 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 | 290 | by Delani Mangena
Bitumen World forced to cut jobs
One of Zimbabwe's leading construction firms, Bitumen World (BW), has announced job cuts due to delayed payments from government projects, highlighting the ongoing financial challenges in the country'...Published: 21 Aug 2025 at 08:26hrs | 467 | by Staff reporter
Zimbabwean creators demand Facebook monetisation
Zimbabwean content creators remain sidelined from Facebook's monetisation programme, which is currently available in only eight African countries, sparking calls for government intervention to secure ...Published: 19 Aug 2025 at 19:18hrs | 533 | by Staff reporter
Rand manipulators taken to ConCourt
The Constitutional Court will hear the Competition Commission's bid to overturn a ruling that cleared major banks of wrongdoing in a decade-long rand manipulation case. The proceedings are scheduled f...Published: 19 Aug 2025 at 11:04hrs | 506 | by Staff reporter
ZWG acceptance still a challenge says Hippo Valley
Hippo Valley Estates Limited (HVEL), one of Zimbabwe's sugar producers, has raised concern over the continued rejection of the Zimbabwe Gold (ZWG) currency in the market despite relative exchange rate...Published: 19 Aug 2025 at 09:05hrs | 275 | by Staff reporter
ZiG gains traction in domestic transactions
The Zimbabwe Gold (ZiG) currency is gaining momentum in the domestic financial system, now accounting for 40 percent of electronic payment transactions, six months after a strategic push by the Reserv...Published: 19 Aug 2025 at 08:53hrs | 133 | by Staff reporter
If Mnangagwa wants to know what 'nyika inovakwa nevene vayo' really means, he should learn from Rhodesians!
Sometimes, words are cheap, and it is often those who boast the most who achieve the least.When the late Robert Mugabe popularized the phrase 'nyika inovakwa nevene vayo' - and his successor E...Published: 19 Aug 2025 at 08:08hrs | 427 | by Tendai Ruben Mbofana
Elderly woman loses US$45 000 in botched stand deal
An 80-year-old woman from Greendale, Harare, has lost US$45 000 after being duped in a fraudulent residential stand transaction.The victim, Theresa Marume, was misled into paying the full amou...Published: 18 Aug 2025 at 08:43hrs | 1003 | by Staff reporter
Gweru fails to confirm receipt of ZWL$226,9m govt grant
Gweru City Council has once again come under scrutiny after the Auditor-General's (AG) 2024 report revealed serious financial irregularities, including failure to confirm receipt of a ZWL226,9 million...Published: 18 Aug 2025 at 08:39hrs | 149 | by Staff reporter
Munacho Mutezo in last ditch to save property
Former Water Resources and Infrastructural Development Minister Munacho Mutezo will today make a last-ditch attempt to prevent the sale of his Odzi farm, valued at US$750,000, following a High Court f...Published: 18 Aug 2025 at 08:35hrs | 278 | by Staff reporter
Zimbabwe's local flights are too expensive
The air distance is about 364 kilometres, and a one-way ticket can be found for around USD 135.00, sometimes less on promotion. That should thrill us, but should also make us impatient.Domesti...Published: 17 Aug 2025 at 12:17hrs | 1461 | by Kumbirai Thierry Nhamo
Airtime vendors sue police for US$120,000
Three airtime vendors from Masvingo have filed lawsuits against the Zimbabwe Republic Police (ZRP) and the Ministry of Home Affairs, each seeking US$40 000 in damages for unlawful arrest and malicious...Published: 17 Aug 2025 at 12:09hrs | 441 | by Staff reporter
Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 16 Aug 2025 at 13:13hrs | 478 | by Staff reporter
Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 15 Aug 2025 at 14:22hrs | 537 | by Staff reporter
Zimbabwe insurers urged to adapt or perish
The Insurance and Pensions Commission (Ipec) has called on Zimbabwean insurers to adapt to digital transformation while expanding into untapped sectors to boost resilience and competitiveness....Published: 15 Aug 2025 at 08:57hrs | 277 | 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 | 405 | by Staff reporter
Zimbabwe's forex receipts jump 23%
Zimbabwe recorded a 23,1 percent surge in foreign currency receipts during the first half of 2025 compared to the same period last year, signalling growing confidence in the country's formal channels ...Published: 15 Aug 2025 at 08:33hrs | 94 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 997 | 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 forex brokers make money - and what that means for your trades
Most know that it is best to choose brokers licensed by authorities like FCA (UK), ASIC (Australia), or CFTC (US) for greater transparency. When people choose a broker, they concentrate on the conditi...Published: 13 Aug 2025 at 18:38hrs | 273 | by Staff Reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 455 | by Staff reporter
Zera announces drop in LPG prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in Liquefied Petroleum Gas (LPG) prices in both US dollars and local currency for August 2025.In its latest update, Ze...Published: 13 Aug 2025 at 12:10hrs | 190 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 211 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 13 Aug 2025 at 08:49hrs | 203 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 449 | 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
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