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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
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 | 1783 | 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
Zimbabwe labs struggle with a surge in mineral samples
Zimbabwean laboratories are struggling to cope with a surge in mineral samples submitted by mines ramping up exploration activity in response to record gold prices, a mine executive said on Wednesday....Published: 14 Aug 2025 at 15:48hrs | 244 | by Staff reporter
Pursuing Excellence: The Key to Success
Excellence is about being the best at something, and it's not just a goal, but a mindset. Many people believe that excellence comes at a cost, but the truth is, it pays dividends in the long run. Exce...Published: 03 Aug 2025 at 23:46hrs | 102 | by Tatenda Hwari
Chiwenga rejoices for reporting Merry to South African authorities successfully
IntroductionVenturing into the world of trading can be both exciting and overwhelming. Whether you're drawn by the potential for financial growth or the thrill of market d...Published: 01 Aug 2025 at 14:34hrs | 471 | by Staff Reporter
Half of Zimbabwe's youth population is idle
Almost half of Zimbabwe's youth aged between 15 and 35 are neither in education, employment, nor training (NEET), according to alarming new data released by the Zimbabwe National Statistics Agency (Zi...Published: 30 Jul 2025 at 09:46hrs | 187 | by Staff reporter
PPC unveils 30MW solar energy project in Zimbabwe
South African cement manufacturer PPC Limited has announced it is developing a 30 megawatt (MW) solar energy programme in Zimbabwe, aimed at reducing operational costs and lessening dependence on the ...Published: 28 Jul 2025 at 08:55hrs | 351 | by Staff reporter
Econet reports 44% surge in voice calls
Econet Wireless Zimbabwe has reported a remarkable 44 percent year-on-year increase in voice call volumes for the quarter ended May 31, 2025, defying industry expectations that traditional voice servi...Published: 21 Jul 2025 at 12:20hrs | 116 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 682 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 124 | by Staff reporter
Zimbabwe govt owes SeedCo US$40m
Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...Published: 04 Jul 2025 at 12:38hrs | 204 | by Staff reporter
Zimbabwe's falling birth rate a burden
Two seemingly ordinary moments tell a deeper story of Zimbabwe's shifting reproductive landscape. In Harare, a woman welcomes her second child five years after her first - exactly as planned. In rural...Published: 29 Jun 2025 at 11:07hrs | 247 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 175 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 193 | by Staff reporter
Zimbabwe liquidates four failed banks
Four banks that collapsed between 2004 and 2008 have been officially liquidated, marking a significant milestone in Zimbabwe's financial sector. Hopewell Zinyau, Chief Executive Officer of the Deposit...Published: 16 Jun 2025 at 15:08hrs | 16690 | by Staff reporter
Zimbabwe returns 418 hectares to PPC after 12-year wait
The Zimbabwean government has returned 418 hectares of land to cement manufacturer PPC Zimbabwe Limited, more than a decade after seizing the property, in a move valued at a nominal R37 million (US$2,...Published: 16 Jun 2025 at 14:24hrs | 207 | by Staff reporter
Zimbabwe want to host England in Victoria Falls
England could make a long-awaited return to Zimbabwean soil for the first time in more than two decades, with early discussions underway between the England and Wales Cricket Board (ECB) and Zimbabwe ...Published: 26 May 2025 at 08:27hrs | 233 | by Staff reporter
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 855 | 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 | 209 | by Staff reporter
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 777 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2469 | by Roland Mpofu I iol
Botswana's Boko is right: any president who wants to remain in power for more than 10 years has failed
The truth, although unpalatable at times, shall set us free.When Botswana's President Duma Boko recently declared that any president who desires to hold on to power beyond ten years is "instan...Published: 25 Apr 2025 at 14:19hrs | 556 | by Tendai Ruben Mbofana
Zimbabwe to get share of US$300m Afreximbank dividend
The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...Published: 16 Apr 2025 at 23:22hrs | 149 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 643 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 393 | by Staff reporter
Mystery over council's vanished US$4,5m loan deepens
A forensic audit has revealed that Harare City Council's US$4.5 million loan to Harare Quarry Private Limited was advanced without a formal agreement, raising concerns over governance and financial mi...Published: 03 Apr 2025 at 08:16hrs | 289 | by Staff reporter
Zimbabwe
Zimbabwe has faced numerous challenges in recent years, including economic instability, political turmoil, and social unrest. As the country looks to the future, there are several factors that will ha...Published: 14 Mar 2025 at 19:46hrs | 422 | by Mlilo Joyinani and Ndaba M. Nhuku
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2029 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 184 | by Staff reporter
Zimbabwe's 'pizza budget' proves economy on the verge of collapse
Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. ...Published: 30 Nov 2024 at 19:01hrs | 556 | by Tendai Ruben Mbofana
PPC Zimbabwe lays off managers
Cement manufacturer PPC Zimbabwe is facing growing discontent among its middle-level management in the southern region following reports that over 20 local managers are set to be laid off as part of a...Published: 27 Nov 2024 at 07:08hrs | 1637 | by Staff reporter
Private sector efficiency: South Africa's Murray & Roberts enters business rescue
Murray & Roberts (M&R) Limited has entered business rescue due to a severe cash crunch in its South African operations. The company, whose shares have fallen 64% recently, is also look...Published: 24 Nov 2024 at 15:40hrs | 2042 | by Staff reporter
Econet in aggressive 5G roll out
Econet Wireless Zimbabwe (EWZ), the country's leading mobile network operator, is continuing its aggressive rollout of 5G base stations as part of its strategy to solidify its position in the increasi...Published: 20 Nov 2024 at 07:08hrs | 673 | by Staff reporter
Elections expose Sadc ruling parties
Recent elections across Southern Africa have revealed a growing challenge for ruling parties, especially those that evolved from former liberation movements, as they struggle to maintain their grip on...Published: 15 Nov 2024 at 08:39hrs | 1240 | by Staff reporter
'Mnangagwa's milestones shake Zimbabwe's political landscape'
President Emmerson Mnangagwa's transformative economic strategies and significant achievements have caused disarray within the opposition, pushing them toward early political retirement, according to ...Published: 30 Sep 2024 at 07:29hrs | 898 | by Staff reporter
Chitungwiza space barons clash with church over land ownership
Recent clashes between Kuera Apostolic Church (under Arch-Bishop Honest Mupepe) and allegedly connected space barons have spilled in the courts of law, as the two parties fight over ownership and cont...Published: 21 Sep 2024 at 09:45hrs | 811 | by Gideon Madzikatidze/Simbarashe Sithole
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 101 | by Staff reporter
Time for Progressive People to Unite
The struggle is real, and there has been a lot of political polarisation and disintegration of the opposition in the country.There is now a need for a collective effort to unshackle the bondag...Published: 29 Aug 2024 at 16:17hrs | 507 | by Leonard Koni
Pick n Pay faces probe over alleged racism, forex looting
An investigation has been launched by the National Employment Council (NEC) for the Commercial Sectors in Zimbabwe into allegations of racism, foreign currency looting, and unfair labour practices at ...Published: 20 Aug 2024 at 16:16hrs | 1188 | by Staff reporter
Dembare battle to contain crisis
DYNAMOS management are fighting with their back to the wall to save the situation at their club after the players refused to take to the training pitch for the fourth day running yesterday in a crisis...Published: 10 Jul 2024 at 17:58hrs | 16 | by Staff reporter
Government's ZWL$1 billion debt cripples Zimpapers operations
The country's largest multimedia group, Zimpapers Limited is owed in excess of ZWL$1 billion by government departments and ministries, parliament has been told, a situation that has crippled its opera...Published: 09 Jul 2024 at 06:21hrs | 16 | by Staff reporter
Kingpins of US$40m Zec scandal fear repercussions
Key players involved in a controversial US$40 million deal with the Zimbabwe Electoral Commission (Zec) are implicated in potential money laundering activities, as revealed by leaked audios and corres...Published: 01 Jul 2024 at 04:28hrs | 8 | by Staff reporter
The death of coalitions
To drag out or not to drag Biden!What a disaster for the Democrats in United States elections!With little foresight or care, Democrats pitted a dead-man-come-to-life by the name of Joe...Published: 30 Jun 2024 at 18:16hrs | 5 | by @Jamwanda2 on Saturday
Ingwebu requests water payment holiday
Ingwebu Breweries, owned by the Bulawayo Municipal Commercial Unit, requested a one-time water payment holiday from the Bulawayo City Council (BCC) due to the 2023/24 El Niño-induced drought. This dr...Published: 09 Jun 2024 at 09:07hrs | 4 | by Staff reporter
ZiG to join global currency club with ISO Code
The Reserve Bank of Zimbabwe (RBZ) is in the process of applying for an International Organisation for Standardisation (ISO) code for the Zimbabwe Gold (ZiG) as it moves to make the unit a standalone ...Published: 23 May 2024 at 19:25hrs | 30 | by Tafara Shumba
Water Witch Mine: Leading Zimbabwe's mining sector into the future
In the heart of Matabeleland North Province, a remarkable transformation is underway at the Water Witch Mine. Once emblematic of informal, small-scale mining, Water Witch now stands tall as a beacon o...Published: 20 May 2024 at 17:19hrs | 480 | by Mandla Ndlovu
Rejuvenating the Real Estate Market in Matabeleland, Zimbabwe: Strategies for Development and Competitiveness
Chief Real Estate Officer, Integrated Properties Zimbabwe, a nation with a storied history and a vibrant yet tumultuous economy, faces multifaceted chal...Published: 19 May 2024 at 20:58hrs | 53 | by Dr Bekithemba Mpofu
'War vets welfare remains priority'
THE constitutional obligations of honouring and respecting brave men and women who sacrificed their lives for the freedom being enjoyed today will be upheld by Government, the Minister of Veterans of ...Published: 09 Apr 2024 at 06:17hrs | 2 | by Staff reporter
Zimbabwe capital markets conferences set for SA
FINANCIAL Markets Indaba (FMI), in partnership with the Victoria Falls Stock Exchange (VFEX) is set to co-host two Zimbabwe capital markets conferences in South Africa next month, NewsDay Business can...Published: 22 Mar 2024 at 09:38hrs | 3 | by Staff reporter
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