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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 | 771 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 160 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 215 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 158 | by Staff reporter
Zimbabwe's rebasing pushes GDP to US$45,7bn
The government's recent rebasing of Zimbabwe's economy has lifted its gross domestic product (GDP) valuation to US$45,7 billion and gross national income (GNI) per capita above US$3 000 - even as ...Published: 01 Aug 2025 at 08:27hrs | 162 | by Staff reporter
ZANU-PF promises music after Epworth victory, as commissar loots
HARARE - Several disgruntled ZANU-PF supporters are up in arms with Harare provincial political commissar, Voyage Dambuza whom they are accusing of allegedly looting thousands (US$) meant for Epworth ...Published: 31 Jul 2025 at 21:57hrs | 580 | by Gideon Madzikatidze/Simbarashe Sithole
Mthuli Ncube declares surplus despite only 35% of budget spent
Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Bu...Published: 31 Jul 2025 at 15:46hrs | 264 | 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 | 298 | by Staff reporter
Dairibord warns of rising costs
Dairibord Holdings Limited, one of Zimbabwe's largest publicly listed milk processors, has sounded the alarm over a tough operating environment that has driven up costs, squeezed margins, and weighed ...Published: 31 Jul 2025 at 12:54hrs | 217 | by Staff reporter
Top banker exposed in land deal
A senior official at FBC Bank, Rena Kunonga Sambaza, is currently embroiled in a legal dispute involving allegations of fraud related to the acquisition and subsequent exchange of a residential stand ...Published: 31 Jul 2025 at 08:19hrs | 519 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 245 | by Staff reporter
War veterans faction denies Zanu PF bribe allegations
A faction of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) led by Andreas Mathibela has dismissed claims that its leadership was bribed by Zanu PF, insisting it remains committed ...Published: 31 Jul 2025 at 08:18hrs | 144 | by Staff reporter
Company director in court for US$2,000 bribery
A Harare businessman and director of Whitecard Tobacco Company (Pvt) Ltd, Tawanda Mandudzo (51), has been arrested for attempting to bribe a senior official from the Tobacco Industry and Marketing Boa...Published: 31 Jul 2025 at 08:16hrs | 255 | by Staff reporter
Charamba retreats on Tagwirei attacks
Presidential spokesperson George Charamba and prominent businessman Kudakwashe Tagwirei have mended relations following a heated exchange sparked by a controversial social media post that appeared to ...Published: 30 Jul 2025 at 10:41hrs | 1088 | by Staff reporter
Bulawayo to host investment conference in Harare
The Bulawayo City Council (BCC) is today hosting the Khumbule' Khaya Investment Conference in Harare as part of efforts to attract investors to Zimbabwe's second-largest city, once known as the countr...Published: 30 Jul 2025 at 09:43hrs | 83 | by Staff reporter
Cry beloved Dembare
The most successful football team in Zimbabwe, Dynamos, is not having a good season. For the club, it is pouring rather than raining. Dynamos FC has a rich history in Zimbabwe's football ...Published: 29 Jul 2025 at 20:50hrs | 390 | by Leonard Koni
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 | 414 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 202 | 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 | 503 | by Staff reporter
GMB maize intake rises 100%
The Grain Marketing Board (GMB) has recorded a 100 percent surge in maize intake between April 1 and July 24 this year, compared to the same period in 2024, signalling improved grain deliveries amidst...Published: 27 Jul 2025 at 21:01hrs | 288 | by Staff reporter
Horror tales: Street kids' semen harvested
Chilling revelations of sexual exploitation, ritual abuse, and drug use among male children living on the streets of Bulawayo have emerged, painting a grim picture of the daily horrors faced by some o...Published: 26 Jul 2025 at 11:26hrs | 573 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 767 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 74 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 39 | by Staff reporter
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 77 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 808 | 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 | 226 | by Staff reporter
Tagwirei supporters hit back at Mutsvangwa
Allies of local business magnate Dr. Kudakwashe Tagwirei have launched a spirited defence of the controversial tycoon, following sharp criticism from Zanu-PF spokesperson Christopher Mutsvangwa. The g...Published: 23 Jul 2025 at 14:56hrs | 931 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 188 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 470 | by Staff reporter
Stanbic Bank Beyond Borders: Empowering Zimbabwean Businesses for Regional Integration
Stanbic Bank Zimbabwe recently held a business breakfast - Beyond Borders Breakfast – which marked a defining moment for Zimbabwean enterprises eyeing regional and international expansion.Th...Published: 19 Jul 2025 at 09:38hrs | 231 | by Agencies
Rev. Dongo, so you'll gladly accept cash from the Devil just to avoid looking for money?
As the saying goes, the love of money is the root of all evil - and it seems some so-called "churches" are finding that temptation far too irresistible.It is astonishing - and frankly heartbre...Published: 19 Jul 2025 at 09:19hrs | 1016 | by Tendai Ruben Mbofana
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1194 | by Staff reporter
Inmates trade sugar, porridge for weed
GWANDA - Two serving prison inmates, Hloniphani Mkwananzi (42) and Tiisetse Ngulube, have been sentenced to 15 months in prison for trading food items received from relatives in exchange for cannabis....Published: 16 Jul 2025 at 16:01hrs | 551 | by Gideon Madzikatidze
Sexual harassment, voucher fraud rock Simbisa Brands
Fast-food giant Simbisa Brands has been thrust into the spotlight following serious sexual harassment allegations levelled against some of its senior officials in Gweru, accused of abusing their posit...Published: 16 Jul 2025 at 07:42hrs | 1095 | by Staff reporter
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 534 | 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 | 445 | by Staff reporter
Zimbabwe to Host Groundbreaking Technology Dialogue: Smart Zimbabwe Conference & Expo 2025
The Smart Zimbabwe Conference & Expo 2025 will be held from 17 to 18 July 2025 at the Golden Conifer Functions Venue, Harare, under the theme: "Smart Solutions, Smarter Economy: Integrating Global...Published: 14 Jul 2025 at 16:39hrs | 275 | by Ndou Paul
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 727 | by Staff reporter
Illegal Mozambican immigrant's son targets Zimbabwean activist with deportation
ActionSA leader Herman Mashaba, who is son to an illegal Mozambican immigrant, has issued a stern warning to controversial Zimbabwean activist Rutendo Matinyarare, threatening to ...Published: 14 Jul 2025 at 07:43hrs | 666 | by Staff reporter
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1087 | by Staff reporter
Power struggle behind Tagwirei's expulsion
Further revelations have surfaced surrounding the dramatic expulsion of business mogul Kudakwashe Tagwirei from a Zanu-PF Central Committee meeting in Harare last week, exposing a fierce behind-the-sc...Published: 13 Jul 2025 at 20:26hrs | 1298 | by Staff reporter
Mnangagwa under fire over farms title deeds
President Emmerson Mnangagwa's controversial land tenure reforms have come under intense scrutiny amid criticism from war veterans and political observers, who argue the policy threatens to reverse Zi...Published: 13 Jul 2025 at 11:40hrs | 648 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | by Staff reporter
Zimbabwe's 2 rotten apples
One of life's greatest follies is assuming that what matters to us matters equally to others. That our fears are shared, our desires understood, our sense of decency mutual. Quite the contrary, realit...Published: 11 Jul 2025 at 09:35hrs | 3048 | by Edmund Kudzayi
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 516 | by Staff reporter
Zanu-PF leadership accused of plotting against Karoro
ZANU-PF Mbire District Coordinating Committee (DCC) chairperson, Takesure Chikwamba, has been accused of masterminding the arrest of former Agriculture deputy minister Douglas Karoro over fertiliser t...Published: 11 Jul 2025 at 08:28hrs | 141 | by Staff reporter
U.S Embassy orders visa applicants to make social media accounts public
The United States Embassy in Harare has issued a new directive requiring all individuals applying for F, M, and J non-immigrant visas to adjust the privacy settings of their personal social media acco...Published: 11 Jul 2025 at 08:27hrs | 214 | by Staff reporter
Zesa western region contract workers down tools
More than 30 contract workers operating hired vehicles for the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) in the western region have downed tools in protest over what they desc...Published: 11 Jul 2025 at 08:26hrs | 320 | by Staff reporter
Mahere wins US$100,000 in damages against 'Baba Jukwa' by default
Former opposition legislator and lawyer Advocate Fadzayi Mahere has been awarded US$100,000 in damages after the High Court ruled in her favour in a defamation lawsuit against journalist Edmund Kudzay...Published: 10 Jul 2025 at 16:32hrs | 748 | by Staff reporter
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