Search / Economic growth
MPs slam ZINARA over financial leakages
Members of Parliament have condemned the Zimbabwe National Road Administration (ZINARA) following a damning Auditor-General's report that exposed serious financial leakages, corruption risks, and weak...Published: 04 Sep 2025 at 07:36hrs | 126 | by Staff reporter
Hwange power station hits record output
Zimbabwe's flagship Hwange Power Station expansion has achieved its highest electricity output since coming online last year, producing 498 million kilowatt hours (kWh) in August, project contractor P...Published: 04 Sep 2025 at 07:26hrs | 99 | by Staff reporter
Zimbabwe governance professionals urged to harness AI
As artificial intelligence (AI) increasingly shapes global development, governance professionals in Zimbabwe are being urged to identify and leverage relevant AI tools to enhance efficiency in governm...Published: 03 Sep 2025 at 09:44hrs | 155 | by Staff reporter
Mafume calls on developers to meet legal standards
Harare Mayor Jacob Mafume has urged property developers to adhere to legal obligations by delivering fully compliant infrastructure, including roads, sewer systems, and street lighting, in line with s...Published: 03 Sep 2025 at 09:01hrs | 85 | by Staff reporter
White SA party criticises Ramaphosa's Zimbabwe land reform praise
The Democratic Alliance (DA) has strongly criticised President Cyril Ramaphosa's remarks praising Zimbabwe's land reform programme during his visit to Harare last week.IOL reported last week t...Published: 03 Sep 2025 at 08:36hrs | 138 | by Staff reporter
Member of Executive Council Botha Warns: Climate Education Fails Without Economic Relevance
Gauteng's Member of the Executive Council (MEC) for Environment, Ewan Botha, has drawn on his childhood experiences to highlight gaps in climate change education and emphasised the need for a new path...Published: 02 Sep 2025 at 17:29hrs | 216 | by Emmanuel Koro
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 | 103 | by Staff Reporter
Weighbridges key to saving Zimbabwe road infrastructure
Stakeholders have urged the Government to install weighbridges on all major highways and promote rail transport to prevent rapid deterioration of the country’s roads. The call was made during a Publ...Published: 01 Sep 2025 at 08:43hrs | 833 | by Staff reporter
Mnangagwa leaves Rome, off to Chinese Anniversary
President Mnangagwa is expected to arrive in Beijing today ahead of the 80th Anniversary of the Victory in the Chinese People's War of Resistance Against Japanese Aggression and World Anti-Fascist War...Published: 01 Sep 2025 at 05:51hrs | 570 | by Staff reporter
HIV cases spike during tobacco season
Hurungwe, Zimbabwe's largest tobacco-producing district, is witnessing economic growth and industrial potential, as Karoi Town Council plans to allocate land for stakeholders in tobacco value addition...Published: 31 Aug 2025 at 09:53hrs | 61 | by Staff reporter
CZI pushes for Milei-style deregulation in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has urged government to adopt a bold deregulation model inspired by Argentine President Javier Milei, calling for the elimination or amendment of at leas...Published: 29 Aug 2025 at 05:48hrs | 111 | by Staff reporter
RBZ slams Zimbabwe banks over punitive fees
Zimbabwe's banks are facing criticism from both depositors and the Reserve Bank of Zimbabwe (RBZ) over the imposition of high fees and charges, which are increasingly seen as exploitative.RBZ ...Published: 28 Aug 2025 at 22:32hrs | 157 | by Staff reporter
Business leaders demand crisis talks with Mnangagwa
Zimbabwe's business leaders are pressing for an urgent meeting with President Emmerson Mnangagwa, warning that unresolved economic challenges require his direct intervention as ministries and regulato...Published: 28 Aug 2025 at 06:55hrs | 1061 | by Staff reporter
Harare-Mazowe Road dualisation begins
Work has begun on the long-awaited dualisation of the Harare–Mazowe Road, with contractors now on site to transform one of Zimbabwe's busiest highways.The project is expected to ease congest...Published: 28 Aug 2025 at 06:49hrs | 349 | by Staff reporter
Zimbabwe records historic milk production milestone
Zimbabwe's dairy industry achieved a historic milestone in July, producing a record 10 million litres of milk—the highest monthly output in recent years.Figures released at the ongoing Zimba...Published: 27 Aug 2025 at 05:56hrs | 198 | by Staff reporter
Zimbabwe's diamond sector gets boost
Zimbabwe's diamond cutting and polishing sub-sector is set for a major boost following a landmark partnership with Indian diamond processing giant, Harry Krishna Exports.The cooperation agreem...Published: 25 Aug 2025 at 07:58hrs | 495 | by Staff reporter
Qatari Sheikh in Zimbabwe for landmark visit
A distinguished member of Qatar's ruling family, His Excellency Sheikh Mansour Bin Jabor Bin Jassim Al Thani, is expected to arrive in Zimbabwe today (Friday) for a high-level state visit set to deepe...Published: 22 Aug 2025 at 13:18hrs | 334 | by Staff reporter
Chiwenga flies to India
Vice-President Dr Constantino Chiwenga is today expected to arrive in India, where he will lead Zimbabwe's participation at the Africa Conclave on India-Africa Partnership, organised by the Confederat...Published: 22 Aug 2025 at 09:32hrs | 272 | 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 | 291 | by Delani Mangena
Empowering youths through vocational training
As a community leader in Chiweshe, I've witnessed firsthand the challenges faced by rural youths who don't excel in academics. Many drop out of school, succumbing to idleness and substance abuse. With...Published: 20 Aug 2025 at 22:41hrs | 96 | by Thomas Murisa
Ken Sharpe blasts incompetent Harare council
Prominent property mogul Ken Sharpe has launched a scathing attack on the Harare City Council, accusing it of stifling economic growth through poor service delivery, exorbitant fees, and what he descr...Published: 20 Aug 2025 at 18:18hrs | 498 | by Staff reporter
Bulawayo deputy mayor cleared of bribe allegations
Bulawayo's deputy mayor, Edwin Ndlovu, was acquitted on Wednesday of corruption charges linked to a proposed cement plant investment, bringing to an end months of court proceedings that had placed him...Published: 20 Aug 2025 at 11:50hrs | 340 | by Mandla Moyo
Temporary road closures for Mabvuku Interchange project
Motorists on the Harare - Mutare Highway will face traffic diversions from September 9, 2025, as construction begins on the new Mabvuku Traffic Interchange, a key infrastructure project aimed at easin...Published: 20 Aug 2025 at 09:02hrs | 238 | by Staff reporter
Parliament to debate Mid-Term Budget Review statement
The debate on the Mid-Term Budget Review presented by Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, is expected to commence today as Parliament resumes sitti...Published: 19 Aug 2025 at 19:07hrs | 135 | by Staff reporter
AfDB projects 6% economic growth for Zimbabwe
The African Development Bank (AfDB) has projected that Zimbabwe is on track to achieve a six percent economic growth rate this year, supported by stability and recovery across key productive sectors....Published: 19 Aug 2025 at 18:51hrs | 155 | by Staff reporter
Malema urges Zimbabweans to seek jobs at home
Economic Freedom Fighters (EFF) leader Julius Malema has urged Zimbabweans to seek employment opportunities within their own municipalities, such as Harare, instead of South Africa, while reiterating ...Published: 19 Aug 2025 at 14:30hrs | 773 | by Staff reporter
Digital shift boosts Zimbabwe's tax collections
Zimbabwe's domestic resource mobilisation drive has received a significant boost following the launch of a fully digital tax collection system, a move set to improve efficiency, reduce costs, save tim...Published: 19 Aug 2025 at 09:02hrs | 143 | by Staff reporter
Zimbabwe's rural investment drive gains momentum
Zimbabwe's rural development agenda has received a fresh boost following the launch of an innovative investment model designed to attract both local and international investors, including diasporans, ...Published: 19 Aug 2025 at 09:00hrs | 116 | by Staff reporter
'Over 2 000 jobs created at Manhize'
Over 2,000 jobs have already been created at Dinson Iron and Steel Company (Disco) in its first operational phase, with the number expected to double as the US$1 billion project expands, a senior gove...Published: 18 Aug 2025 at 20:48hrs | 287 | by Staff reporter
Chiwenga praises Jesuits
Vice President Dr Constantino Chiwenga has praised the Jesuit Society and the Roman Catholic Church for their pivotal role in strengthening Zimbabwe's tertiary education sector.Speaking yester...Published: 17 Aug 2025 at 12:23hrs | 463 | by Staff reporter
Mnangagwa hands over SADC chairmanship at 45th Summit
SADC Chairman, President Emmerson Mnangagwa, is expected to arrive today for the regional bloc's 45th Summit of Heads of State and Government, where he will hand over leadership to Madagascan Presiden...Published: 16 Aug 2025 at 13:15hrs | 179 | by Staff reporter
Visionary Leadership: The Key to Unlocking Africa's Potential
Africa stands at a crossroads, rich in natural resources yet struggling to translate this wealth into sustainable development and prosperity for its people. The continent's progress is hindered by a m...Published: 15 Aug 2025 at 16:37hrs | 83 | by Tatenda Hwari
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 | 406 | 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 | 458 | by Staff reporter
Mnangagwa urges ZDF to confront emerging security threats
President Emmerson Mnangagwa has called on the Zimbabwe Defence Forces (ZDF) to broaden their operational scope beyond traditional military defence to address evolving security challenges, including c...Published: 13 Aug 2025 at 09:15hrs | 506 | by Staff reporter
Zimbabwe prioritises debt clearance
Resolving Zimbabwe's crippling debt overhang has been elevated to a top national priority, with the Government declaring that the success of the arrears clearance and debt resolution process is essent...Published: 12 Aug 2025 at 19:35hrs | 178 | by Staff reporter
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 12 Aug 2025 at 19:33hrs | 91 | by Staff reporter
Mnangagwa calls for unity to build modern Zimbabwe
President Emmerson Mnangagwa has called on all Zimbabweans to unite in building a modern and industrialised nation. Speaking at the National Heroes Acre during the 45th Heroes Day celebrations, the Pr...Published: 12 Aug 2025 at 09:23hrs | 192 | 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 | 774 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 132 | by Staff reporter
UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 08 Aug 2025 at 08:58hrs | 827 | by Staff reporter
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 08 Aug 2025 at 08:42hrs | 189 | by Staff reporter
Bulawayo-Vic-Falls Road rehab to take 10 months
The rehabilitation of the Bulawayo-Victoria Falls Road is gaining significant momentum, with five contractors now actively working on different segments of the critical trade and tourism corridor. The...Published: 07 Aug 2025 at 20:15hrs | 1512 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 464 | by Staff reporter
The Power of Mental Transformation: Unlocking Africa's Potential
Mental transformation is the key to unlocking Africa's potential and achieving success in various aspects of life. The mind is a powerful tool that can either limit or empower individuals, communities...Published: 07 Aug 2025 at 16:23hrs | 55 | by Tatenda Hwari
Zimbabwe, China seal US$55m technical cooperation agreement
President Emmerson Mnangagwa on Wednesday presided over the signing of a US$55 million Economic and Technical Cooperation Agreement between Zimbabwe and China, in a move set to boost the country's dev...Published: 07 Aug 2025 at 09:22hrs | 243 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 386 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 202 | by Staff reporter
Mnangagwa backs Victoria Falls cricket stadium project
President Emmerson Mnangagwa has reiterated his government's full backing of the construction of a world-class 10,000-seater cricket stadium in Victoria Falls, a major infrastructure project expected ...Published: 05 Aug 2025 at 18:32hrs | 1008 | by Staff reporter
Mnangagwa hands over SADC Chairmanship on August 17
The 45th Southern African Development Community (SADC) Summit of Heads of State and Government will be held in Antananarivo, Madagascar, on August 17, the regional bloc's Secretariat has confirmed....Published: 05 Aug 2025 at 09:05hrs | 532 | by Staff reporter
Load More Stories