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Zim students' battle to get internship
NGQABUTHO Mhlophe spends his days at home, burrowing around the internet in search of a marketing internship.A second-year student at the National University of Science and Technology, he need...Published: 3 hrs ago | 331 | by Staff reporter
Zimbabwe sugar giant clinches Coca-Cola deal
THE aggressively rebounding sugar manufacturing conglomerate, starafrica corporation Limited, says it plans to scale up its African ambition after clinching a landmark deal to export into The Coca-Col...Published: 3 hrs ago | 503 | by Staff reporter
Zimbabwe oil drilling to begin in 2022
INVICTUS Energy, the Australian firm prospecting for oil and gas in Muzarabani, may start drilling exploration wells early next year after taking delivery of state-of-the-art equipment to be used in i...Published: 3 hrs ago | 87 | by Staff reporter
Canada vs Zimbabwe: Two divergent paths of Covid-19 vaccination
When mother-of-three Amanda Wood heard that hundreds of coronavirus shots were available for teens, only one thing prevented her from racing to the vaccination site at a Toronto high school - her 13-y...Published: 17 hrs ago | 1349 | by AP
Zimbabwe companies map alternative routes as SA burns
ZIMBABWE'S industry has begun mapping out longer and expensive trade routes to export their products overseas after vital transport corridors via South African ports were hit by two weeks of violence,...Published: 23 Jul 2021 at 09:18hrs | 706 | by Staff reporter
SA unrest cuts off Zimbabwe supply chains
THE manufacturing sector is in disarray following violent clashes in South Africa in recent weeks, which have affected the supply of critical raw materials.The Confederation of Zimbabwe Indust...Published: 23 Jul 2021 at 09:01hrs | 452 | by Staff reporter
Zimbabwe firms fret over Mozambique crisis
ZIMBABWE'S industries have warned that a deadly insurgency roiling neighbouring Mozambique has emerged as the greatest threat to power and fuel imports that could further hurt Harare's fragile economy...Published: 23 Jul 2021 at 08:57hrs | 480 | by Staff reporter
Padenga VFEX listing may 'cannibalise' ZSE
PADENGA'S decision to list on the Victoria Falls Stock Exchange (VFEX) was a win for the new bourse and Finance minister Mthuli Ncube's incentive scheme, but the country's biggest broker, Imara, says ...Published: 23 Jul 2021 at 08:54hrs | 396 | by Staff reporter
Will Zimbabwe recover and benefit from the AfCFTA?
African Continental Free Trade Area (AfCFTA) came at the time when Zimbabwe is at the verge, struggling economically as seen with poverty elongated with COVID-19 dominating the society. AfCFTA is a pr...Published: 22 Jul 2021 at 09:37hrs | 458 | by Fifteen Theophelous
Zimbabwe generals sweat over rampant indiscipline
ZIMBABWE National Army (ZNA) commanders have convened several meetings over the past few weeks as they battle to contain rampant indiscipline among soldiers, characterised by the involvement of junior...Published: 21 Jul 2021 at 08:18hrs | 3912 | by Staff reporter
Diaspora inflows top US$1 billion
Zimbabwe's Diaspora remittances jumped 58 percent last year, to about US$1 billion, a development that helped the country to cover gaps left by trade disruptions caused by the Covid19 pandemic. ...Published: 20 Jul 2021 at 08:11hrs | 218 | by Staff reporter
Zimbabwe exports rise 9,5%
THE value of Zimbabwe's total exports clocked US$486,8 million in May this year, signifying a marked increase of 9,5 percent from $444,7 million earnings realised in April, the Zimbabwe National Stati...Published: 20 Jul 2021 at 08:08hrs | 94 | by Staff reporter
SA protests to push Zimbabwe prices high
ZIMBABWE could see a spike in prices of imported goods as hundreds of containers with goods destined for the country were stuck along routes and at warehouses in South Africa following last week's pro...Published: 18 Jul 2021 at 08:00hrs | 246 | by Staff reporter
Zimbabwe industry feels impact of SA protests
Businesses and consumers have already begun feeling the contagion effect of the country's heavy dependency on South Africa after the unrest that plagued the rainbow nation last week over the incarcera...Published: 18 Jul 2021 at 07:57hrs | 251 | by Staff reporter
Tagwirei's vast tentacles grip Zimbabwe government
KUDAKWASHE Tagwirei's influence on government in recent years has been unmatched.The shadowy businessman has emerged one of the biggest beneficiaries of the November 2017 military coup which o...Published: 17 Jul 2021 at 15:26hrs | 2260 | by Staff reporter
When South Africa sneezes Zimbabwe catches a cold
HISTORY tells us we owe it to Klemens von Metternich, the distinguished 19th-century Austrian statesman and diplomat, one of the most famous phrases about the global economy and its dynamics.I...Published: 17 Jul 2021 at 15:25hrs | 543 | by Staff reporter
Diaspora vote remains a pipe dream ahead of 2023 polls
While citizens of some Southern African countries such as South Africa, Mozambique and Malawi enjoy the right to vote in national elections while domiciled in other countries, for millions of Zimbabwe...Published: 16 Jul 2021 at 13:32hrs | 652 | by Staff reporter
Zanu-PF dismisses fake news
Zanu-PF has dismissed as fictitious, a report in a local daily newspaper yesterday claiming the ruling party has failed to fulfil its 2018 election promises. In a statement yesterday, Za...Published: 16 Jul 2021 at 09:02hrs | 352 | by Staff reporter
Zimbabwe feeling heat from SA riots
Zimbabwe's industries will likely feel the pinch of the violent demonstrations and looting unfolding in South Africa, its largest trading partner, as trade channels get clogged and supply chains disru...Published: 16 Jul 2021 at 09:02hrs | 458 | by Staff reporter
Mozambique signs agreement for SADC troop deployment
Mozambique has, after initial hesitance, signed an agreement allowing the immediate deployment of troops from the 16-member Southern African Development Community (SADC) to help fight an Islamic State...Published: 15 Jul 2021 at 12:04hrs | 1784 | by Staff reporter
'Mnangagwa has fulfilled only 2% of 2018 pledges'
PRESIDENT Emmerson Mnangagwa's Zanu-PF government has fulfilled only 2% of its 2018 election promises, independent research body Sivio Institute has said.Statistics released yesterday by Sivio...Published: 15 Jul 2021 at 09:38hrs | 486 | by Staff reporter
Zimbabwe imports increase by 17,6%
Zimbabwe imported goods worth US$2,27 billion in the six months to June 2021, which reflects a 17,6 percent increase on the external sector payments conducted by the country over the same period last ...Published: 14 Jul 2021 at 09:25hrs | 182 | by Staff reporter
Diamonds worth US$140m vanish
ROUGH diamonds worth an estimated US$140 million dollars have disappeared from the supposedly impenetrable Minerals Marketing Corporation of Zimbabwe (MMCZ) and Zimbabwe Consolidated Diamond Company (...Published: 14 Jul 2021 at 09:22hrs | 500 | by Staff reporter
SI 127 ghost still haunting economy
After passing Statutory Instrument (SI) 127 of 2021 on the 26th of May 2021, the Zimbabwean government made a quick summersault on the new regulations through a press statement issued by the Reserve B...Published: 14 Jul 2021 at 08:47hrs | 508 | by Victor Bhoroma
Worst violence in years spreads in South Africa as grievances boil over
Crowds clashed with police and ransacked or set ablaze shopping malls in cities across South Africa on Tuesday, with dozens of people reported killed, as grievances unleashed by the jailing of ex-pres...Published: 13 Jul 2021 at 19:43hrs | 1113 | by Staff reporter
R3m cigarette smugglers nabbed
SOUTH African police have arrested two suspected Zimbabweans caught with R3 million worth of Remington Gold cigarettes they were smuggling into that country through the Beitbridge border post....Published: 11 Jul 2021 at 10:47hrs | 357 | by Staff reporter
Russian vehicle manufacturer to partner Zimbabwean firms
Russian vehicle giant Urals Automotive Plant (UralAZ) intends to partner local firms to build a bus and truck assembling plant in the country, Industry and Commerce Minister Dr Sekai Nzenza has reveal...Published: 11 Jul 2021 at 10:36hrs | 695 | by Staff reporter
Zimbabwe should refuse to repay colonial debt
THE Zimbabwean government is currently engaging with its creditors in order to reduce its external debt burden.Economic watchers argue that the country would be justified in repudiating the de...Published: 10 Jul 2021 at 10:56hrs | 294 | by Kudakwashe Matiza
27 firms fined for abusing forex auction system
Twenty one more companies have now been found abusing the foreign currency auction system, bringing the total to 39, and of these, 27 have been assessed civil penalties while 12 others have been issue...Published: 10 Jul 2021 at 10:53hrs | 292 | by Staff reporter
Illicit financial flaws daunt RBZ
THE central bank is facing a gigantic task in curbing illicit financial flows with exporters having devised complex ways of evading high retention thresholds as swap deals top the list of their illega...Published: 09 Jul 2021 at 12:09hrs | 339 | by Staff reporter
Zimbabwe gold deliveries in massive surge
GOLD deliveries to Fidelity Printers and Refineries (Fidelity) by small-scale miners increased by more 1 000kgs in June compared to May deliveries, the Reserve Bank Governor (RBZ) John Mangudya said M...Published: 06 Jul 2021 at 10:37hrs | 867 | by Staff reporter
Eswathini burns an attack on Africanism
The events in eSwatini formally Swaziland is indeed knee shaking. There is an onslaught to the only remaining absolute monarchy in the world. The events reminds me of Lybia. Sea is must look across to...Published: 05 Jul 2021 at 11:46hrs | 1842 | by Dr Masimba Mavaza
Zimbabwe rejects Johnson & Johnson vaccine donation due to lack of storage facilities
ZIMBABWE's government has turned down a donation of three million doses from the African Union (AU) of the highly potent single dose Johnson & Johnson Covid-19 vaccine citing lack of storage facil...Published: 05 Jul 2021 at 11:30hrs | 988 | by Staff reporter
Raw minerals dominate Zimbabwe's exports
RAW minerals continue to dominate Zimbabwe's export list amid calls by experts for the government to expedite value addition and beneficiation of the precious commodities.The Reserve Bank of Z...Published: 03 Jul 2021 at 21:31hrs | 219 | by Staff reporter
The Sentry reveals hidden business networks of Kudakwashe Tagwirei
A REPORT published by The Sentry, Shadows and Shell Games: Uncovering an Offshore Business Empire in Zimbabwe, reveals key details of business practices of controversial local businessman and presiden...Published: 03 Jul 2021 at 21:30hrs | 636 | by Staff reporter
Sugar exports surge 29%
ZIMBABWE'S sugar exports surged 29% during the full year ended March 2021, driven largely by demand in the east African country Kenya, a local sugar entity has revealed.In its financial result...Published: 02 Jul 2021 at 19:45hrs | 495 | by Staff reporter
NRZ targets 4,5 million tonnes of freight
THE National Railways of Zimbabwe (NRZ) is still committed to achieving its set target of 4,5 million tonnes of freight this year despite the detrimental impact of the Covid-19 pandemic, an official h...Published: 02 Jul 2021 at 19:42hrs | 329 | by Staff reporter
144 convictions for illegal tobacco sales
WITH Zimbabwe's Tobacco Marketing Season in full swing, 144 out of 277 cases of illegal tobacco sales brought before the country's courts have led to convictions, while over 170 million kgs of the gol...Published: 01 Jul 2021 at 07:23hrs | 840 | by Staff Reporter
Ministry spearheads tick-borne diseases vaccine production
THE Ministry of Lands, Agriculture, Water and Fisheries will spearhead a programme for the local production of vaccines for tick-borne diseases to reduce the import bill and to boost production of liv...Published: 30 Jun 2021 at 06:47hrs | 1210 | by Staff Reporter
Wheat, barley side marketing criminalised
Farmers can only sell their wheat or barley to either the Grain Marketing Board (GMB) or companies they have standing agreements with, as side marketing the crops is illegal, Government has said....Published: 30 Jun 2021 at 06:28hrs | 379 | by Staff Reporter
Zim starts paying farmers
ZIMBABWE made its first compensation payment according to an agreement to settle a dispute with white commercial farmers who had their land allocated to indigenous people two decades ago.The S...Published: 25 Jun 2021 at 07:50hrs | 981 | by Staff reporter
Zimbabwe reaps rewards from 2nd Republic initiatives
The country has already started reaping rewards from the progressive initiatives by the Second Republic to move the country forward. Last year, Government moved closer to achieving its optimal agricul...Published: 24 Jun 2021 at 12:50hrs | 974 | by Derick Tsimba
Bulawayo businesses must ride on ZITF, exploit regional market opportunities
WITH only a few weeks left before the country hosts the annual Zimbabwe International Trade Fair (ZITF), Bulawayo once again comes under spotlight, not only as a host to the prime trade showcase, but ...Published: 24 Jun 2021 at 10:11hrs | 379 | by Staff Reporter
Zimbabwe ready to export Covid-19 protective equipment
ZIMBABWE is ready to export Covid-19 protective equipment after two local institutions received funding from the Southern African Development Community (Sadc) to manufacture these for the benefit of t...Published: 24 Jun 2021 at 09:32hrs | 640 | by Staff Reporter
Qatar Airways to fly into Zimbabwe for the first time
Qatar Airways joins a growing list of airlines flying into Zimbabwe further cementing the country's status as a safe tourism destination. The airline with a wide network of routes brings in th...Published: 22 Jun 2021 at 16:56hrs | 499 | by Staff reporter
Auction market cannot end the parallel market
Despite launching the Dutch inspired Foreign Currency Auction System (FCAS) in June 2020 (Almost 1 year running), the Zimbabwean economy continues to face acute foreign currency shortages on the forma...Published: 19 Jun 2021 at 08:52hrs | 1090 | by Port Louis Riverfront, Mauritius
The Mauritius example on economic development
Mauritius is ranked by the World Economic Forum as the most competitive economy in Sub-Saharan Africa and high income country with a Gross National Income (GNI) per capita of US$12,740 (Sub-Saharan Af...Published: 19 Jun 2021 at 08:48hrs | 490 | by Port Louis Riverfront, Mauritius
Firms fingered in abusing forex auction fight back
COMPANIES which were this week accused by the Reserve Bank of Zimbabwe (RBZ) of abusing the funds obtained from the foreign currency auction market have strongly refuted the allegations and are seekin...Published: 18 Jun 2021 at 13:03hrs | 1515 | by Staff reporter
Has the Zimbabwe dollar really stabilised against the US unit?
There is a strong debate among economic analysts pertaining to whether the Zimbabwean dollar (ZW$) has stabilised against the American dollar (US$) or not. There is a section which believes that the l...Published: 18 Jun 2021 at 13:00hrs | 726 | by Respect Gwenzi
Mnangagwa challenges mining sector
President Emmerson Mnangagwa has challenged the mining industry to rise above the Covid-19 woes and focus on attaining the ambitious US$12 billion target by 2023.Addressing delegates during th...Published: 18 Jun 2021 at 12:59hrs | 262 | by Staff reporter
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