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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 | 82 | by Staff reporter
ANC partner DA calls for scrapping of Black Economic Empowerment
Briefing the media in Johannesburg on Monday, Steenhuisen stressed that the DA is not opposed to redress or transformation, but believes these laws have become counterproductive.The DA argues ...Published: 12 Aug 2025 at 12:09hrs | 266 | by Staff reporter
BCC blitz uncovers 800 illegal shops in Bulawayo CBD
A recent crackdown by the Bulawayo City Council (BCC) on lettable unit shops in the city's Central Business District (CBD) has revealed that about 800 out of more than 1 300 premises are operating wit...Published: 11 Aug 2025 at 08:40hrs | 213 | 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 | 459 | by Staff reporter
Harare residents outraged over ban on pre-used clothes sales
Residents of Harare have voiced strong opposition to the government's abrupt ban on the importation and sale of second-hand clothes in the capital, describing the move as an "autocratic onslaught" tha...Published: 07 Aug 2025 at 08:55hrs | 160 | 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 | 380 | by Staff reporter
Govt faces backlash over night vending, pre-used clothes ban
Government is headed for a showdown with informal traders and vendors after announcing a ban on night vending and the sale of second-hand clothes in Harare's central business district.Local Go...Published: 06 Aug 2025 at 08:58hrs | 186 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 233 | by Staff reporter
Zanu-PF MP's property attached over US$34,000 fraud
The High Court has ordered the attachment of movable property belonging to Masvingo North legislator Brian Mudumi after he failed to repay US$34,000 in a fraud case involving his company, Cloud Africa...Published: 04 Aug 2025 at 08:40hrs | 434 | by Staff reporter
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 450 | by Engineer Jacob Kudzayi Mutisi
6 paradoxes defining Zimbabwe's current reality
Zimbabwe is a nation that is steeped in contradictions. In my time observing the political, social, and economic landscape, I've come to realize that the country is grappling with paradoxes that revea...Published: 03 Aug 2025 at 12:31hrs | 362 | by Adapted from Rev Dr Kenneth Mtata x account
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Chinese national shot dead in armed robbery at Zimbabwe mine
Zimbabwean police have confirmed a fatal armed robbery that occurred last Friday at Pin 3 Mine, a Chinese-owned operation in Shurugwi, Midlands Province, amid reports that a Chinese employee was fatal...Published: 02 Aug 2025 at 10:13hrs | 205 | by Staff reporter
Econet defends fair usage policy amid backlash
Econet Wireless Zimbabwe has come under fire from some of its SmartBiz customers following the enforcement of its Fair Usage Policy (FUP) on "unlimited" data packages.Critics say the move unde...Published: 01 Aug 2025 at 13:47hrs | 676 | by Staff reporter
Marange communities protest ZCDC retrenchments
Communities in Zimbabwe's diamond-rich Marange fields have launched a rare protest against the state-owned Zimbabwe Consolidated Diamond Company (ZCDC), demanding an immediate halt to a retrenchment e...Published: 01 Aug 2025 at 13:06hrs | 476 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 630 | by Staff reporter
Illegal logging costs Zimbabwe millions
Deep in the misty Eastern Highlands, along the Zimbabwe–Mozambique border, the whine of chainsaws has replaced the natural chorus of birdsong. Towering indigenous and exotic trees, some centurie...Published: 01 Aug 2025 at 08:29hrs | 74 | 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 | 278 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Zupco corruption scandal reaches Constitutional Court in legal twist
Nearly two decades after it first rocked Zimbabwe's political and corporate landscape, the notorious 2006 Zimbabwe United Passenger Company (ZUPCO) corruption scandal has taken a dramatic legal ...Published: 29 Jul 2025 at 16:00hrs | 385 | by Staff reporter
Robbery suspect buys house, kombi with proceeds from heist
Another suspect linked to the high-profile armed robbery in which prominent businessman and former Dynamos chairman Rafik Adam was robbed of US$600,000 has been arrested, with police alleging he used ...Published: 29 Jul 2025 at 08:56hrs | 1628 | by Staff reporter
RuNyanga Ultra Trail Run returns to Eastern Highlands
Zimbabwe's most exhilarating trail running event, the RuNyanga Ultra Trail Run, returns to the breathtaking Eastern Highlands from September 4 to 7, 2025, drawing adventurers and athletes into the hea...Published: 28 Jul 2025 at 20:33hrs | 295 | 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 | 203 | 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 | 821 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 588 | by Staff reporter
Zimbabwe SMEs crushed by annual compliance fees
Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is drivi...Published: 24 Jul 2025 at 14:34hrs | 128 | by Staff reporter
ZimStat confirms dominance of Zimbabwe's huge informal sector
The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...Published: 24 Jul 2025 at 09:32hrs | 133 | 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 | 255 | by Agencies
Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 17 Jul 2025 at 20:58hrs | 630 | by Staff reporter
Chimombe applies for discharge in US$7m goat scandal
Zanu PF Central Committee member and businessman Mike Chimombe, along with his co-accused Moses Mpofu, have applied for discharge at the close of the State's case in their ongoing US$7 million fraud t...Published: 15 Jul 2025 at 08:26hrs | 360 | 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 | 678 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 249 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 313 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 841 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 201 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 87 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1709 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1669 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 206 | by Staff reporter
Dr Malusi Gigaba has completed his PhD
Former finance minister Knowledge Malusi Nkanyeni Gigaba has achieved a significant academic milestone by completing his PhD at the University of Johannesburg (UJ), with his graduation confirmed for 2...Published: 04 Jul 2025 at 10:57hrs | 553 | by Staff reporter
Zesa's Sydney Gata dies
Sydney Gata, the long-serving executive chairman of the Zimbabwe Electricity Supply Authority (ZESA), has died at the age of 79.Gata passed away late Thursday night at a private hospital in Ha...Published: 04 Jul 2025 at 09:17hrs | 1180 | by Staff reporter
Bulawayo council flags unsafe solar installations
The Bulawayo City Council (BCC) has raised the alarm over an increasing number of fire outbreaks linked to unsupervised and poorly installed solar power systems in residential areas, amid a surge in t...Published: 04 Jul 2025 at 07:48hrs | 763 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4212 | by Staff reporter
Govt re-advertises tender for Old Gwanda Road supervision
The Government of Zimbabwe, through the Ministry of Transport and Infrastructure Development, has re-advertised a tender to engage a consultancy firm to supervise the construction of the Old Gwanda Ro...Published: 03 Jul 2025 at 12:39hrs | 327 | by Staff reporter
Councils told to comply with public procurement regulations
The government has called on local authorities across Zimbabwe to strictly adhere to public procurement regulations to uphold accountability and prevent legal disputes that continue to plague municipa...Published: 03 Jul 2025 at 09:24hrs | 95 | by Staff reporter
Fundira challenges dismissal as NSSA Board Chair
Ousted National Social Security Authority (NSSA) board chairperson Emmanuel Fundira has challenged his recent dismissal by the Minister of Public Service, Labour and Social Welfare, Edgar Moyo, descri...Published: 30 Jun 2025 at 21:16hrs | 883 | by Staff reporter
Warrant of arrest for Shawashi Agri boss
A warrant of arrest has been issued against Shawashi Agri Private Limited managing director, Lillian Nyamasoka, after she failed to appear in court to answer to serious fraud allegations involving ove...Published: 30 Jun 2025 at 18:35hrs | 664 | by Staff reporter
Driver in the court over US$600,000 Harare robbery
A man suspected of being the inside informant in a daring US$600,000 armed robbery in central Harare has appeared in court facing charges of robbery.Samson Gora, who is employed as a driver by...Published: 30 Jun 2025 at 15:57hrs | 869 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Harare company director dupes Chinese investors
A local businesswoman, Lilian Nyamasoka, is now a fugitive from justice after a Harare magistrate issued a warrant for her arrest on Thursday for failing to appear in court to answer to two counts of ...Published: 29 Jun 2025 at 12:03hrs | 157 | by Staff reporter
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