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Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 1 hr ago | 33 | by Staff reporter
Zimbabwe misses €150 billion conditional funding from EU
Europe and Africa's strategic partnership has entered an exciting new phase, with both continents reaffirming their commitment to deepen economic cooperation and promote global peace. However, Zimbabw...Published: 1 hr ago | 28 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 1 hr ago | 23 | by Staff reporter
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 24 hrs ago | 917 | by Staff reporter
Dembare hit with FIFA ban
Zimbabwean football midgets Dynamos have been hit with a FIFA transfer ban after failing to settle outstanding payments totaling US$18,500 owed to two former players from Ghana, Emmanuel Paga and Ansa...Published: 29 May 2025 at 10:46hrs | 587 | by Staff reporter
Councillors get allowances for trips, fail to travel
Two Chinhoyi councillors were allocated allowances to attend business conferences-one in Saudi Arabia and another in Gweru - yet neither made the trips, raising concerns over the use of public funds....Published: 29 May 2025 at 10:27hrs | 225 | by Staff reporter
'Zimbabwe could unlock US$9bn from retaken land'
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has revealed that Zimbabwe could unlock up to US$9 billion from land seized during the 2001 fast-track land reform prog...Published: 29 May 2025 at 10:24hrs | 204 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 436 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 406 | by `
Zimbabwe sees $2.6bn bridge finance in place by early 2026
Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to ...Published: 28 May 2025 at 10:51hrs | 113 | by Staff reporter
Zimbabwe's economic reforms gain momentum with IMF deal
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has announced that Zimbabwe expects to secure a Staff Level Agreement (SLA) with the International Monetary Fun...Published: 28 May 2025 at 10:38hrs | 81 | by Staff reporter
JR Goddard sues Bulawayo property developer
Renowned businessman James Ross Goddard has taken legal action against a Bulawayo property developer in an effort to recover over US$450,000 owed for contracted works.Through his company, JR G...Published: 28 May 2025 at 10:32hrs | 369 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 139 | by Staff reporter
Zimbabwe missing out on mega EU loans - loans have to be paid back
Zimbabwe is missing out on crucial loans from Europe's largest financial institutions, including the European Investment Bank (EIB), due to its unsustainable debt burden, the European Union's ambassad...Published: 26 May 2025 at 08:16hrs | 44 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 106 | by Staff reporter
Gweru launches revenue collection blitz, rejects payment plans
Gweru City Council has launched a revenue collection blitz that started on Monday and will run until May 23, 2025, with a firm stance against accepting payment plans during this period. The operation ...Published: 26 May 2025 at 08:00hrs | 45 | by Staff reporter
Seed firms crippled by Zimbabwe govt debt
Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...Published: 22 May 2025 at 11:36hrs | 219 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 605 | by Staff reporter
Teachers doorstep Mnangagwa over poor salaries
A delegation of teachers from the Progressive Teachers Union of Zimbabwe (PTUZ) visited President Emmerson Mnangagwa's offices on Tuesday to seek urgent intervention over deteriorating salaries and wo...Published: 22 May 2025 at 09:38hrs | 371 | by Staff reporter
Redcliff begins stands repossession
The Municipality of Redcliff has begun issuing letters to residents who have defaulted on payments for their allocated stands, signaling the start of a major repossession initiative aimed at recoverin...Published: 21 May 2025 at 19:49hrs | 221 | by Staff reporter
Mnangagwa's son grilled over US$200m seed debt
Finance and Investment Promotion Deputy Minister David Mnangagwa has come under fire in Parliament after it emerged that the Government owes Valley Seeds Private Limited nearly US$200 million for agri...Published: 19 May 2025 at 13:58hrs | 1761 | by Staff reporter
Treasury posts ZiG3,46bn surplus in first 4 months
The Treasury has recorded a surplus of ZiG3.46 billion during the first four months of the 2025 fiscal year, driven by disciplined cost containment and punctual debt servicing.While this surpl...Published: 19 May 2025 at 09:27hrs | 205 | by Staff reporter
Gweru residents petition council over debt blitz
Gweru residents have petitioned the local authority to postpone a planned revenue collection blitz - which includes water disconnections and possible property attachments - fro...Published: 19 May 2025 at 09:22hrs | 110 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Ministry of Education fails to pay rent for 16 years
Zimbabwe's education system is rapidly collapsing, driven by a combination of chronic underfunding, rampant corruption, indiscipline, and government failure to disburse allocated budgets. Despite prom...Published: 18 May 2025 at 12:13hrs | 578 | by Staff reporter
Promoter 'silences' 'Silent Killer'?
Zimbabwean dancehall artist Jimmy Mudereri, widely known by his stage name 'Silent Killer,' is facing a demand for US$122,170 from Y2K Entertainment, the organisers of the UK SAMA Festival, after fail...Published: 18 May 2025 at 11:59hrs | 413 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 161 | by Staff reporter
Zimbabwe ups wheat production momentum
As early morning mists lift over Zimbabwe's farming belts, tractors roar to life and irrigation pivots sweep across golden fields, signaling the start of the 2025 winter wheat season. The Government b...Published: 17 May 2025 at 12:06hrs | 67 | by Staff reporter
Woman stabs man, makes false police report
A debt dispute turned violent on Tuesday evening when a 23-year-old woman allegedly stabbed a man who had confronted her about money she owed him. The suspect, Mouldy Chinhengo Takaidza of Hobhouse, M...Published: 17 May 2025 at 12:03hrs | 98 | by Staff reporter
Attempted murder over R15 debt lands man six-year jail term
A 29-year-old man from Chipinge will spend the next six years behind bars after being convicted of attempted murder for attacking his neighbour with a machete over a ZAR15 debt.Vengai Sithole,...Published: 17 May 2025 at 12:02hrs | 49 | 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 | 658 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 203 | by Staff reporter
Zimbabwe land reform scam - 13 years after the genocide in Matebeleland and Midlands
This article intends to capture the poignant moment when Zanu began its unpunished abuse of public office soon after Zimbabwe's independence.All along Zanu felt a false sense of achievement in...Published: 14 May 2025 at 21:00hrs | 351 | by Moses Mzila Nkalange (Ndlovu)
Kereke wins legal battle
Former Zanu PF legislator Munyaradzi Kereke has won a legal battle against the Harare Municipal Medical Aid Society (HMMAS), which had sought a refund of US$138,000 over a failed bid to purchase Fortr...Published: 14 May 2025 at 08:48hrs | 989 | by Staff reporter
Pupils turned away over unpaid fees despite Mnangagwa's free education pledge
Dozens of pupils across Zimbabwe were turned away from government schools this week for failing to pay tuition fees, in direct contradiction of President Emmerson Mnangagwa's longstanding pledge to pr...Published: 14 May 2025 at 08:47hrs | 1278 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 161 | by Staff reporter
AMH employees receive zero earnings after salary cuts and forced leave
Some employees at Alpha Media Holdings (AMH), one of Zimbabwe's leading private media companies, have received zero net earnings in the Zimbabwe Gold (ZiG) component of their salaries for two consecut...Published: 11 May 2025 at 19:47hrs | 778 | by Ndou Paul
Eat n Lick hits troubled times
Popular fast-food chain Eat n Lick is facing internal turmoil amid rising worker dissatisfaction over unpaid salaries and poor welfare conditions, raising questions over the company's aggressive expan...Published: 09 May 2025 at 16:09hrs | 1584 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 504 | by Staff reporter
OK Zimbabwe targets US$30 million capital raise to revive operations
OK Zimbabwe Limited, the country's largest retail chain, says it is in advanced discussions to raise US$30 million in fresh capital as part of a strategic plan to revive its operations, clear debts, a...Published: 07 May 2025 at 09:22hrs | 325 | by Staff reporter
Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 05 May 2025 at 15:48hrs | 326 | by Staff reporter
Chamisa slams Mnangagwa's borehole projects
Former Citizens Coalition for Change (CCC) leader Nelson Chamisa has launched a blistering critique of President Emmerson Mnangagwa's Presidential Borehole Scheme, accusing the government of failing t...Published: 01 May 2025 at 12:18hrs | 1003 | by Staff reporter
Chinese duo acquitted in attempted murder storm
Two Chinese nationals, Hui Xiang and Zhao Yunfeng, who were accused of attempted murder, walked free yesterday after the Harare Magistrates' Court acquitted them at the close of the State case....Published: 29 Apr 2025 at 07:06hrs | 207 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 21 | by Staff reporter
NTA, best solution for Zimbabwe! Geza group is saying Chunhu Chedu!
Master of Philosophies say the same thing: without the backing of intelligenzia, there can never be remarkable national development. A Geza revolution is not backed by intelligenzia but by pastors, Iz...Published: 28 Apr 2025 at 09:01hrs | 706 | by Nomazulu Thata
China reaffirms commitment to Zimbabwe's industrialisation agenda
Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...Published: 25 Apr 2025 at 07:27hrs | 26 | by Staff reporter
AfDB says Zimbabwe seeks $2.6bn in bridge finance to overhaul debt
The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed to international financial institutions as it attempts to break a debt impa...Published: 24 Apr 2025 at 21:18hrs | 130 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 803 | by Farai Matiashe, Al Jazeera
Mnangagwa under fire
President Emmerson Mnangagwa and his government have come under intense pressure from Zimbabwe's civic society organisations (CSOs) to repeal the recently signed Private Voluntary Organisations (PVO) ...Published: 24 Apr 2025 at 07:30hrs | 6916 | by Staff reporter
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