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ZNCC urges RBZ to cut policy rate to 20%
The Zimbabwe National Chamber of Commerce (ZNCC) has urged the Reserve Bank of Zimbabwe (RBZ) to lower its bank policy rate from the current 35% to 20% in an effort to ease growing credit constraints ...Published: 3 hrs ago | 101 | by Staff reporter
Mai Jeremaya bombarded 'lover' with text messages
Social media personality Mai Jeremaya is back in the spotlight just days after a Harare court ruled she was a willing participant in a sex-for-money encounter, which formed the basis of a rape case ag...Published: 22 hrs ago | 1070 | 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 | 112 | by Staff reporter
Delta Corporation slams Zimra over uncertainties
Zimbabwe's largest beverage manufacturer, Delta Corporation Limited, has accused the country's tax authorities of fueling business uncertainty through what it described as the arbitrary creation of le...Published: 07 Jul 2025 at 08:47hrs | 279 | by Staff reporter
Machakaire launches scathing personal attack on Mahere
Youth Empowerment Minister Tinoda Machakaire has launched a blistering personal attack on former opposition legislator and lawyer Fadzayi Mahere after she posted a series of pointed questions on socia...Published: 06 Jul 2025 at 10:54hrs | 690 | by Staff reporter
Councilors in near fist fight over international trips
A tense Masvingo City Council meeting held on June 27 nearly turned violent as councilors clashed over a proposed international trip to Zambia and the licensing of a new liquor operator in Hills...Published: 05 Jul 2025 at 10:26hrs | 234 | 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 | 197 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 136 | by Staff reporter
Herbert Nkala to step down
OK Zimbabwe Limited (OKZL), the retail giant listed on the Zimbabwe Stock Exchange (ZSE), has announced that its long-serving Board Chairman, Mr Herbert Nkala, will not seek re-election as Director an...Published: 03 Jul 2025 at 12:36hrs | 592 | by Staff reporter
Mugabe's son tasered man for 'not greeting him with respect'
Bellarmine Chatunga Mugabe, son of the late former president Robert Mugabe, faces growing legal troubles following an alleged assault on a truck driver using a taser stun gun at Iron Mask Farm in Mazo...Published: 03 Jul 2025 at 12:33hrs | 662 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1580 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 161 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 228 | by Staff reporter
Presidential inputs scheme beneficiaries urged to deliver grain to GMB
Beneficiaries of the Presidential Inputs Scheme are being encouraged to deliver at least 10 kilogrammes of grain, as well as any surplus produce, to the Grain Marketing Board (GMB) as part of efforts ...Published: 02 Jul 2025 at 12:04hrs | 95 | by Staff reporter
Ministry fails to pay US$180 000 CDU workshop allowances to teachers
Nearly a year after hosting nationwide syllabus review workshops, the Ministry of Primary and Secondary Education (MoPSE) is yet to pay over US$180,000 owed to participants, sparking outrage among edu...Published: 02 Jul 2025 at 12:03hrs | 248 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 187 | by Brighton Musonza
Zimbabwean farmers embrace AI
The Food and Agriculture Organization of the United Nations (FAO) is advancing agrifood systems through integration of effective digital technologies in Zimbabwe. Through the Fostering Digital Village...Published: 01 Jul 2025 at 08:25hrs | 243 | by Staff reporter
Harare has over 5,000 illegal billboards
Shocking revelations emerged this week that Harare City Council officials are allegedly complicit in the illegal erection and operation of over 5,000 billboards across the capital, costing the local a...Published: 30 Jun 2025 at 18:33hrs | 177 | by Staff reporter
Bulawayo takes investment campaign to Harare
The Bulawayo City Council (BCC) is set to host a high-level investment conference in Harare next month as part of renewed efforts to drive economic revitalisation in Zimbabwe's second-largest city. Th...Published: 30 Jun 2025 at 13:11hrs | 2248 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2583 | by Staff reporter
Zimbabwe's monthly inflation eases to 0.3%
Zimbabwe's month-on-month inflation rate eased to 0.3% in June 2025, shedding 0.6 percentage points from the May figure of 0.9%, according to data released by the Zimbabwe National Statistics Agency (...Published: 30 Jun 2025 at 09:03hrs | 199 | by Staff reporter
Prosecutors arrested in US$500 bribe scandal
Two prosecutors employed by the National Prosecuting Authority of Zimbabwe (NPAZ) have been arrested for allegedly demanding a US$500 bribe from a traditional healer in a shocking abuse-of-office scan...Published: 30 Jun 2025 at 08:59hrs | 370 | by Staff reporter
Dynamos second from bottom after ZPC Kariba draw
Dynamos' nightmare 2025 Castle Lager Premier Soccer League campaign deepened yesterday after they were held to a frustrating 0-0 draw by ZPC Kariba, a result that leaves the Harare giants languishing ...Published: 29 Jun 2025 at 19:03hrs | 391 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2667 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 213 | by Staff reporter
Chiyangwa locked up over US$583 660 cryptocurrency fraud
A Harare woman, Melissa Messe Samantha Chiyangwa, appeared in court this week charged with swindling a prominent eye specialist of nearly US$600,000 in a complex cryptocurrency scam spanning over two ...Published: 27 Jun 2025 at 15:19hrs | 697 | by Staff reporter
Kasukuwere escalates attacks on Tagwirei
Former Zanu-PF national political commissar and minister Saviour Kasukuwere has sharply escalated his criticism of local business tycoon Kudakwashe Tagwirei following Tagwirei's public accusations lab...Published: 27 Jun 2025 at 09:45hrs | 1807 | by Staff reporter
Prosecutors steal from sangoma
Two prosecutors based at Rusape Magistrates' Court, Takunda Chinakidzo Muzenda (30) and Marlon Makamba (32), were arrested by the Zimbabwe Anti-Corruption Commission (ZACC) on Wednesday on allegations...Published: 27 Jun 2025 at 09:31hrs | 405 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1719 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1072 | by Staff reporter
Dr Guramatunhu loses money in cryptocurrency scam
Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly lost more than US$583,000 in a cryptocurrency scam allegedly orchestrated by a business associate and her husband, a Harare court heard y...Published: 25 Jun 2025 at 15:20hrs | 870 | by Staff reporter
Zimbabwe initiates process to join BRICS
Zimbabwe has formally initiated its process to join the BRICS grouping of emerging economies, following high-level diplomatic discussions held in the capital between Foreign Affairs and International ...Published: 25 Jun 2025 at 09:08hrs | 541 | by Staff reporter
MMA star shreds Mnangagwa, blames 'scarf' for 28 seconds defeat
Mixed Martial Arts (MMA) fighter Themba "The Answer" Gorimbo has openly criticized President Emmerson Mnangagwa, accusing his administration of corruption and oppressive governance. Gorimbo's outspoke...Published: 25 Jun 2025 at 09:07hrs | 518 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 350 | by Tendai Ruben Mbofana
Chamisa's sneak back to politics sparks more infighting
Nelson Chamisa's sneak back to politics has sparked more infighting than inspiration. It feels less like a political revival and more like a kindergarten drama play. Instead of healing the fractured o...Published: 23 Jun 2025 at 14:35hrs | 1657 | by Dereck Goto
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 244 | by Staff reporter
India targets massive Zim traditional knowledge, healthcare transfers
HARARE - As part of strengthening its bilateral co-operation with Zimbabwe, India is targeting to invest in traditional knowledge and preventive health care expertise (and skills) transfer thereby rea...Published: 22 Jun 2025 at 12:32hrs | 574 | by Gideon Madzikatidze
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
China philosophy against imposing values
China seeks mutual learning and exchange among civilizations rather than cultural dominance, a Chinese history professor has emphasized during a lecture to Zimbabwean senior journalists. Xie Jun, from...Published: 22 Jun 2025 at 09:14hrs | 66 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 116 | by Staff reporter
TelOne humbles struggling Scottland at Rufaro
Scottland 0 - 1 TelOne FCA moment of brilliance from Panashe Mutasa was all TelOne needed to edge past Scottland 1-0 in a tightly contested Castle Lager Premier Soccer League clash at Rufaro S...Published: 22 Jun 2025 at 09:02hrs | 218 | by Staff reporter
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 135 | by Staff reporter
IMF withholds Zimbabwe reform programme
The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...Published: 20 Jun 2025 at 07:39hrs | 2205 | by Staff reporter
Guard escapes jail time for community service after accidental fatal shooting
A 21-year-old security guard, Anthony Mutefara, has been spared jail time after the High Court convicted him of culpable homicide over the accidental shooting that resulted in the death of a miner at ...Published: 20 Jun 2025 at 06:18hrs | 340 | by Staff reporter
Simbarashe Sithole not guilty
Journalist Simbarashe Sithole has been acquitted of extortion and bribery charges after a high-profile legal battle that drew national attention, raising critical questions about media freedom and the...Published: 19 Jun 2025 at 20:50hrs | 378 | by Staff reporter
Journalist acquitted of extortion charges
Freelance Journalist Simbarashe Sithole was on Thursday afternoon acquitted of extortion charges at the Harare Magistrate Court.After a full trial, Magistrate Rufaro Panavanhu ruled that the s...Published: 19 Jun 2025 at 18:03hrs | 342 | by Paul Ndou
US resumes student visas but orders enhanced social media vetting
The US State Department says it will resume scheduling appointments for international student visas, but will ask all applicants to make their social media accounts public for enhanced screening....Published: 19 Jun 2025 at 11:34hrs | 400 | by Staff reporter
Explosive corruption report handed to Mnangagwa
A political firestorm is erupting at Town House following the submission of a damning report to President Emmerson Mnangagwa, which exposes endemic corruption, systemic mismanagement, and the virtual ...Published: 19 Jun 2025 at 11:29hrs | 2549 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 153 | by Staff reporter
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