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Chivayo exposed as the beneficiary of cancer machine contract
Embattled businessman and ZANU PF-linked tenderpreneur Wicknell Chivayo has been exposed as the beneficiary of a staggering US$437 million government contract for the supply of cancer treatment equipm...Published: 53 mins ago | 57 | by Staff reporter
Lithium rush a crossroads for Zimbabwe's future
Africa, which holds significant estimated shares of the world's total reserves of bauxite (24%), cobalt (49.4%), copper (7%), graphite (21%), lithium (6%), manganese (43%), nickel (4.2%) and rare eart...Published: 4 hrs ago | 168 | by Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 177 | by Staff reporter
Zimbabwe sets new tobacco production record
Zimbabwean tobacco farmers have shattered previous production records, harvesting a staggering 306.2 million kilograms of the golden leaf this season - a new all-time high for the country. The achieve...Published: 20 Jun 2025 at 17:46hrs | 135 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 95 | 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 | 2048 | 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 | 1197 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | 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 | 143 | by Staff reporter
Mawarire accuses Mnangagwa of 'monetising problems'
President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former Nation...Published: 18 Jun 2025 at 19:30hrs | 1089 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 604 | by Staff reporter
Chamisa berates Chivayo's cancer machines tender
Former opposition leader Nelson Chamisa has sharply criticised the government's decision to award a lucrative tender for cancer treatment machines to Wicknell Chivayo, a known ZANU PF member and busin...Published: 18 Jun 2025 at 18:34hrs | 1355 | by Staff reporter
Zimbabwe to import 1 million tonnes of maize
Zimbabwe is projected to import approximately 1 million tonnes of maize during the 2025/26 agricultural season, according to a new report by the Foreign Agricultural Service of the U.S. Department of ...Published: 18 Jun 2025 at 18:08hrs | 276 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1282 | by Staff reporter
Zimbabwe Mercantile Exchange reports surge in grain demand
The Zimbabwe Mercantile Exchange (ZMX) has recorded a significant surge in demand for grain commodities during the trading week of June 9 to 13, highlighting a dynamic shift in the country's agricultu...Published: 17 Jun 2025 at 07:32hrs | 62 | by Staff reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 181 | by Staff reporter
Zimbabwe to boost steel, coal exports to DRC amid growing demand
Zimbabwe should capitalise on its expanding steel and coal industries to increase exports to the Democratic Republic of Congo (DRC), where demand for these commodities is rapidly growing, Mines and Mi...Published: 13 Jun 2025 at 06:29hrs | 797 | by Staff reporter
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 405 | by Staff reporter
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 321 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1048 | by Staff reporyter
Gold rally is bringing new riches to rural Zimbabwe
In Filabusi, the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the small town's bars.The th...Published: 11 Jun 2025 at 09:43hrs | 2377 | by Ray Ndlovu
ZETDC presses on with prepaid street lighting
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has vowed to press ahead with its installation of smart prepaid meters for public lighting, despite complaints from local authori...Published: 11 Jun 2025 at 09:10hrs | 327 | by Staff reporter
Zimbabwe to ban export of lithium concentrates
Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...Published: 11 Jun 2025 at 08:41hrs | 225 | by Staff reporter
2 die after collapsing at Beitbridge Border post
Two individuals died in separate incidents at the Beitbridge Border Post between Friday and Saturday after collapsing while undergoing customs and immigration formalities, authorities confirmed....Published: 09 Jun 2025 at 17:36hrs | 952 | by Staff reporter
Zimbabwe gold deliveries surge 26% year-on-year
Zimbabwe's gold mining sector continues to demonstrate strong performance, with gold deliveries to Fidelity Gold Refinery (FGR) rising by 27.6 percent year-on-year in May 2025. A total of 3 488 kilogr...Published: 09 Jun 2025 at 12:38hrs | 121 | by Staff reporter
Extended tobacco stalk destruction date expires
The grace period granted to tobacco farmers to clear their fields of tobacco stalks and roots ended on June 5, and the Government has now intensified monitoring efforts to enforce compliance, with def...Published: 09 Jun 2025 at 08:40hrs | 119 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 238 | by Staff reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 119 | by Staff reporter
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | by Staff reporter
Zimbabwe tobacco sales reach 88% of national target
A notable shift in Zimbabwe's tobacco marketing landscape is unfolding, with auction prices surpassing contract prices for 24 consecutive days, signaling potential cracks in the long-dominant contract...Published: 06 Jun 2025 at 09:42hrs | 118 | by Staff reporter
Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 05 Jun 2025 at 14:20hrs | 828 | by Staff reporter
Zimbabwe not among 7 African countries blacklisted by Trump
U.S. President Donald Trump has imposed a sweeping travel ban on citizens from seven African countries, citing threats linked to terrorism, inadequate identity verification, and high levels of visa ov...Published: 05 Jun 2025 at 13:11hrs | 959 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2961 | by Staff reporter
Zimbabwe's mining industry set for over 7% growth
Zimbabwe's mining sector is on track for significant growth in 2025, with projections indicating an expansion of over seven percent, fueled primarily by strong performances in gold and coal production...Published: 05 Jun 2025 at 10:04hrs | 53 | by Staff reporter
Zimbabwe Chamber of Mines optimistic about 100 tonnes gold target
The Chamber of Mines Zimbabwe (CoMZ) has expressed confidence that the country can meet the Government's ambitious annual gold production target of 100 tonnes, despite the current national target stan...Published: 05 Jun 2025 at 10:03hrs | 124 | by Staff reporter
Zimbabwe moves to revive pharmaceutical sector
The Government of Zimbabwe has announced a comprehensive set of interventions aimed at revitalising the country's pharmaceutical industry, with a focus on increasing local drug production, reducing im...Published: 04 Jun 2025 at 09:33hrs | 184 | by Staff reporter
Tobacco exports reach US$381 million
Zimbabwe has earned US$381 million from tobacco exports so far this year, as the country intensifies efforts to increase value addition and beneficiation in its lucrative tobacco sector.Accord...Published: 03 Jun 2025 at 09:27hrs | 85 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1980 | by Staff reporter
Zimbabwe tobacco sales hit US$800 million
Zimbabwe's tobacco earnings have soared to over US$800 million since the start of the 2025 marketing season in March, reflecting a strong rebound in output and continued global demand for the golden l...Published: 31 May 2025 at 13:48hrs | 114 | by Staff reporter
ZNCC calls for urgent policy reform
The Zimbabwe National Chamber of Commerce (ZNCC) has issued a strong call for urgent policy reforms to revive the country's struggling economy, warning that businesses cannot thrive under the current ...Published: 31 May 2025 at 13:48hrs | 70 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 630 | by Staff reporter
Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 30 May 2025 at 12:16hrs | 482 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 30 May 2025 at 12:09hrs | 213 | by Staff reporter
Mnangagwa challenges NatFoods to raise exports
President Emmerson Mnangagwa has challenged National Foods Holdings Limited to intensify its regional export efforts following the commissioning of the company's new production lines for pasta, biscui...Published: 30 May 2025 at 09:46hrs | 218 | by Staff reporter
Nestlé injects US$7 million into Zimbabwe cereal production
Global food and beverage giant Nestlé has announced a US$7 million investment to expand its cereal manufacturing operations in Harare, reinforcing Zimbabwe's strategic role as a regional production h...Published: 29 May 2025 at 17:47hrs | 203 | by Staff reporter
Crypto not yet subject to exchange controls
In a landmark ruling, the Pretoria High Court has clarified that cryptocurrencies do not fall under South Africa's exchange control regulations. The judgment came in a case between Standard Bank and t...Published: 28 May 2025 at 10:40hrs | 62 | by Staff reporter
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 1237 | by Tendai Ruben Mbofana
Govt moves to rein in illegal chrome miners
The Zimbabwe Miners Federation (ZMF) has raised serious concerns over the escalating illegal chrome mining activities along the Great Dyke, warning of extensive environmental damage, water pollution, ...Published: 26 May 2025 at 19:42hrs | 782 | by Staff reporter
Zimbabwe suspends livestock imports from South Africa over FMD outbreak
Zimbabwe has suspended, with immediate effect, all imports of live cloven-hoofed animals and their related products from South Africa following a confirmed outbreak of Foot and Mouth Disease (FMD) in ...Published: 26 May 2025 at 19:40hrs | 348 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 193 | by Staff reporter
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