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Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 19 hrs ago | 289 | by Staff reporter
Air Zimbabwe to resume direct flights to London
Plans are underway to resume direct flights from Zimbabwe to the United Kingdom, a move aimed at boosting trade and leveraging the country's centrality in the Sadc region, according to Transport and I...Published: 24 Jul 2024 at 09:11hrs | 5003 | by Staff reporter
Zimbabwe to import 3.2m tonnes of maize
The Zimbabwean Government has issued 651 import permits to private companies to procure at least 3.2 million tonnes of maize to mitigate drought impacts, surpassing the country's annual requirement of...Published: 24 Jul 2024 at 09:03hrs | 120 | by Staff reporter
Zimbabwe village heads to issue birth, death records
The Government has trained over 5,900 village heads to issue birth and death confirmation records for individuals born or dying outside healthcare facilities, as part of efforts to decentralize servic...Published: 23 Jul 2024 at 07:16hrs | 439 | by Staff reporter
NetOne doubles data traffic
NETONE recently made headlines with a 93.99 percent surge in data traffic, according to the first quarter report released by the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz)...Published: 23 Jul 2024 at 07:13hrs | 165 | by Staff reporter
Zimbabwe eyes US$272 billion global cannabis market
Zimbabwe's favorable climate for cultivating high-quality medicinal and recreational cannabis, combined with appropriate regulations and robust marketing strategies, holds significant economic potenti...Published: 22 Jul 2024 at 07:49hrs | 271 | by Staff reporter
NetOne doubles data traffic
NetOne, a leading telecommunications company, has recently made headlines with a remarkable 93.99% surge in data traffic. This was revealed by the first quarter report by the Postal and Telecommunicat...Published: 20 Jul 2024 at 21:32hrs | 2043 | by Paul Ndou
Econet commissions over 30 sites for network expansion
Econet Wireless Zimbabwe Limited has commissioned over 30 new sites across Zimbabwe in its first quarter ending May 31, 2024, as part of its network modernization program. This initiative aims to enha...Published: 16 Jul 2024 at 06:58hrs | 149 | by Staff reporter
Zimbabwe School of Mines to venture into jewellery-making
The Zimbabwe School of Mines (ZSM) in Bulawayo is expanding its Gemstone and Lapidary Workshop to include jewellery-making, aiming to diversify and boost the city's economy through the lucrative gemst...Published: 07 Jul 2024 at 10:34hrs | | by Staff reporter
VAT for agricultural inputs remains suspended in Zimbabwe
The Treasury has reaffirmed its decision to maintain the suspension of a 15 percent Value Added Tax (VAT) on agricultural inputs, implements, and produce. This initiative is part of a broader strategy...Published: 06 Jul 2024 at 15:56hrs | 17 | by Staff reporter
EcoCash to invest in banking technologies
EcoCash Holdings Zimbabwe Limited (EcoCash) plans to invest in technologies to expand its banking unit, Steward Bank, after transferring its fintech firms to Econet Wireless Zimbabwe. This move was ap...Published: 02 Jul 2024 at 11:16hrs | 4 | by Staff reporter
Mangudya underscores importance of well-managed parastatals for economic growth
John Mangudya, the chief executive of the Mutapa Investment Fund (MIF), underscored the crucial role of well-managed State-owned enterprises (SOEs) in driving economic growth in Zimbabwe.Addre...Published: 01 Jul 2024 at 04:08hrs | | by Staff reporter
Zimbabwe power crisis grounds industries
In Zimbabwe, recent rolling blackouts have severely impacted key industries, raising concerns about potential economic downturns and job losses. Kurai Matsheza, president of the Confederation of Zimba...Published: 30 Jun 2024 at 18:32hrs | | by Staff reporter
'US expanding bioweapons research in Africa'
The US is expanding its biological military presence across Africa, Russian Lieutenant General Igor Kirillov claimed on Tuesday. According to the head of Russia's Nuclear, Chemical and Biological Prot...Published: 26 Jun 2024 at 16:52hrs | 1 | by Staff reporter
Manhize steel plant to create 150 000 jobs within 10 years
The Dinson Iron and Steel Company (Disco) in Manhize aims to create 25,000 direct jobs and 150,000 opportunities in related industries within the next five to ten years. Currently employing nearly 2,0...Published: 23 Jun 2024 at 08:49hrs | 1 | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Zimbabwe students threaten protests
The Zimbabwe National Students Union (Zinasu) issued a strong warning of potential protests if the government fails to engage in dialogue regarding their grievances. During a significant education for...Published: 19 Jun 2024 at 07:31hrs | | by Staff reporter
Communist Party of China delegation, Zanu-PF share notes
The Communist Party of China (CPC) and Zanu-PF are collaborating on people-centered policies for national development, according to Tang Dengjie, a CPC Central Committee member. Dengjie, leading a del...Published: 19 Jun 2024 at 07:15hrs | | by Staff reporter
NetOne data traffic market share rise by 8.8%
State-owned telecommunications firm NetOne saw its internet and data traffic market share rise by 8.8% to 24.71% in Q1 2024, up from 15.91% in Q4 2023, according to the Postal and Telecommunications R...Published: 19 Jun 2024 at 07:14hrs | | by Staff reporter
Dinson Colliery expansion to boost production, exports
Hwange-based Dinson Colliery has launched Phase Four of its operations, featuring 85 coke oven batteries, to enhance infrastructure, boost production, and expand exports. Currently, the company operat...Published: 17 Jun 2024 at 08:57hrs | | by Staff reporter
Trump to end 'gender insanity' in schools
Former US President Donald Trump has promised that if reelected this November, he will defund schools that promote "inappropriate" content to children such as gender identity and critical race theory....Published: 16 Jun 2024 at 12:44hrs | 2 | by Staff reporter
Zesa seeks to settle loans in ZiG
Zesa Holdings is implementing cost-containment measures to drive revenue and pay off its significant loans. With successful expansion projects at Kariba Hydro Power Station and Hwange's units 7 and 8,...Published: 13 Jun 2024 at 06:51hrs | | by Staff reporter
Gwanda town runs out of expansion land
Gwanda Municipality in Matabeleland South is embarking on a land acquisition drive to support the town's expansion and facilitate various development projects, aiming to enhance service delivery. This...Published: 12 Jun 2024 at 06:36hrs | | by Staff reporter
Charting the optimal path for Zimbabwe's development REITs
This discourse delves into three principal governance models: the trustee-fund manager model, the board of directors approach, and the trustee-advisory board model.In the intricate landscape o...Published: 09 Jun 2024 at 09:13hrs | | by Bekithemba Mpofu
NRZ aims to move 2.7 million tonnes
The National Railways of Zimbabwe (NRZ) aims to move 2.7 million tonnes of freight this year, a 17 percent increase from last year. However, this figure is still significantly lower than in previous y...Published: 07 Jun 2024 at 07:25hrs | | by Staff reporter
Mnangagwa challenges miners to embrace innovation
President Emmerson Mnangagwa yesterday urged the mining industry to leverage technology and innovation to enhance operations and productivity. Speaking at the Chamber of Mines Zimbabwe 2024 annual min...Published: 31 May 2024 at 21:17hrs | | by Staff reporter
Dongfeng trucks enter Zimbabwe market
Dongfeng Trucks, a new entrant in the truck supplier market in Zimbabwe, made its debut at the ADMA AgriShow held at Art Farm in Pomona, Harare. This introduction comes through partnerships with major...Published: 30 May 2024 at 08:27hrs | 1 | by Staff reporter
Chivayo, ZPC in negotiations to revive Gwanda Solar project
The Zimbabwe Power Company (ZPC) and Intratrek Zimbabwe Pvt Ltd are negotiating to resume work on the proposed 100-megawatt Gwanda solar power facility, following a Supreme Court decision upholding th...Published: 25 May 2024 at 12:38hrs | | by Staff reporter
Zimbabwean blueberry producers seek access to Chinese market
At a farm in Marondera, about 80 kilometers east of the Zimbabwean capital Harare, blueberries are ripening in May. Workers carefully pick the plump berries from the shrubs, ensuring not to damage the...Published: 24 May 2024 at 08:22hrs | 2 | by Staff reporter
War vets pledge loyalty to Zanu-PF
Douglas Mahiya, Secretary for the War Veterans League, emphasized the league's dedication to fostering the enduring growth of the ruling Zanu-PF party.Addressing the inaugural two-day War Vete...Published: 23 May 2024 at 10:47hrs | | by Staff reporter
Invictus signs gas sales MOU for a gas-to-power project
Invictus Energy Limited has announced the signing of a Memorandum of Understanding (MOU) with Dallaglio Investments Pvt Ltd and Himoinsa Southern Africa Proprietary Limited for a gas-to-power project ...Published: 22 May 2024 at 16:54hrs | | by Staff reporter
Bakers Inn to build second plant in Bulawayo
Baker's Inn, a division of Victoria Falls Stock Exchange-listed Innscor Africa, is expanding its operations by adding a second plant to its Belmont factory in Bulawayo.The company recently com...Published: 22 May 2024 at 09:33hrs | 2 | by Staff reporter
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 2 | by Dr Bekithemba Mpofu
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 18 May 2024 at 15:27hrs | 2 | by Dr Bekithemba Mpofu
Zimbabwe spends US$40m on importing spaghetti
Zimbabwe's annual importation of approximately US$40 million worth of macaroni and spaghetti, primarily from Egypt, reflects the nation's sluggish industrialization progress. Despite pasta not being a...Published: 18 May 2024 at 11:55hrs | 10 | by Staff reporter
Ministry of SMEs holds the key to Zimbabwe's Growth
The Monetary Policy statement and other documents indicate that Micro, Small, and Medium Enterprises (MSMEs) contribute a significant 60% to Zimbabwe's gross domestic product (GDP). This news highligh...Published: 13 Apr 2024 at 17:37hrs | 2 | by Mandla Ndlovu
Mnangagwa to commission Kamativi Mine
As Zimbabwe showcases strength in lithium reserves, the largest in Africa, attention is drawn to Kamativi in Hwange District, Matebeleland North Province, where President Mnangagwa is tomorrow expecte...Published: 11 Apr 2024 at 08:38hrs | | by Staff reporter
Zimbabwe leverages on resources for economic stability
The backing of Zimbabwe's currency by gold and strategic mineral reserves is reflective of the Second Republic's determination to ensure the country's natural resources are leveraged to advance sustai...Published: 11 Apr 2024 at 08:37hrs | | by Staff reporter
Mnangagwa to commission two small mines
PRESIDENT Mnangagwa will commission two new mines this week - Pickstone Peerless' underground gold mine project in Chegutu today, and Kamativi Lithium Mine near Hwange in Matabeleland North on Friday....Published: 10 Apr 2024 at 05:59hrs | | by Staff reporter
Repowering of Hwange Units 1-6 to boost power generation
THE Government is stepping up the repowering of Hwange Units One to Six as part of efforts to find a lasting solution to the electricity problem in the country and is working on funding modalities as ...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
Zimplats shields US$1,8 billion expansion plan
PLATINUM giant Zimplats says the current cost-cutting initiatives aim to lessen the effect of budget cuts on its growth strategy, which includes a US$1,8 billion expansion programme.The compan...Published: 21 Mar 2024 at 08:46hrs | | by Staff reporter
Zimbabwe to resubmit final tariff order for approval
ZIMBABWE is set to resubmit its final tariff order for technical verification to the secretariat of the African Continental Free Trade Area (AfCFTA) as it prepares to enter the second phase of the Gui...Published: 08 Mar 2024 at 05:11hrs | 1 | by Staff reporter
Zimbabwe faces crippling power outages
ZIMBABWE faces crippling power cuts after the Zambezi River Authority (ZRA) announced that water levels at Lake Kariba have slightly decreased compared to the recordings made last year during the same...Published: 08 Mar 2024 at 05:09hrs | | by Staff reporter
Coltart hails Bulawayo water crisis 'consensus' meeting
Bulawayo mayor David Coltart said there was now a "broad consensus" to solve the city's perennial water problems after a meeting with water minister Anxious Masuka on Wednesday.Coltart has bee...Published: 28 Feb 2024 at 18:45hrs | 2 | by Staff reporter
Zimbabwe wants lithium miners to plan new capacity
Zimbabwe wants miners to come forward by the end of March with plans to produce battery-grade lithium, despite a sharp fall in global prices for the mineral, a senior government official said on Frida...Published: 26 Feb 2024 at 04:55hrs | | by Staff reporter
FlyNamibia to launch direct flights to Victoria Falls
FlyNamibia is gearing up to commence flights between Windhoek and Victoria Falls in April, marking a significant milestone in Zimbabwe's regional network expansion strategy. The announcement was deliv...Published: 18 Feb 2024 at 14:00hrs | 1 | by Staff reporter
Business Scaling: When is the right time?
Business scaling refers to expanding a business in a sustainable and manageable way. Unlike simple business growth, which can be unplanned or organic, it's a deliberate and strategic effort to increas...Published: 16 Feb 2024 at 09:34hrs | | by Staff Reporter
Zimbabwe govt pledges urban water systems overhaul
The government of Zimbabwe has stated that it is actively engaged in efforts to rehabilitate water and sewer reticulation systems in urban areas to curb the spread of cholera.This was said by ...Published: 16 Feb 2024 at 07:46hrs | | by Staff reporter
Zimbabwe records jump in investment proposals
Zimbabwe saw a massive growth in the value of proposed investments in the fourth quarter of 2023 despite approving fewer new investor licenses, according to the Zimbabwe Investment and Development Age...Published: 16 Feb 2024 at 04:56hrs | | by Staff reporter
IMF wants Zimbabwe central bank to dump monetary policies
THE International Monetary Fund (IMF) has advised government to cut the Reserve Bank of Zimbabwe's (RBZ) role in crafting monetary policies to just its core functions, after the local currency depreci...Published: 15 Feb 2024 at 10:07hrs | | by Staff reporter
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