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BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 149 | by Staff reporter
Zanu-PF-induced pain not ending anytime soon
THE Zanu-PF government is very playful. The State of Nation Address (SONA) be President Emmerson Mnangagwa is a signal that the perpetual evil and pain induced on the people is not going to end any ti...Published: 09 Oct 2024 at 07:43hrs | 156 | by Brian Sedze
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 224 | by Staff reporter
Zimbabwe gazettes new limit on cash exports
The Government of Zimbabwe has introduced new regulations setting a maximum limit on the amount of cash that individuals can take out of the country without prior approval from the Reserve Bank of Zim...Published: 08 Oct 2024 at 19:43hrs | 2439 | by Staff reporter
The power crisis farce: Unpacking Mnangagwa's broken promise to Zimbabwe
Zimbabwe's power crisis has been a perennial problem, plaguing the country for decades.In August 2023, President Emmerson Dambudzo Mnangagwa proudly declared that the commissioning of the new ...Published: 08 Oct 2024 at 17:30hrs | 473 | by Tendai Ruben Mbofana
Hichilema alarmed by prospects of defeat and prosecution for corruption
When Zambia experienced democratic backsliding between 2011 and 2021, the deliberate use of legal mechanisms to weaken opposition parties played a central role. Lawfare has been a constant theme of Za...Published: 07 Oct 2024 at 17:08hrs | 2563 | by Sishuwa Sishuwa
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1345 | by Tendai Ruben Mbofana
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1268 | by Staff reporter
MK Party reinstates challenge to the rigged outcome of SA's 29 May elections
The uMkhonto weSizwe (MK) Party has reinstated its electoral court challenge to the outcome of the 29 May national and provincial elections and has asked it to order a rerun of the poll.The pa...Published: 05 Oct 2024 at 12:31hrs | 169 | by Staff reporter
Chinese company to set up cement factory in Bulawayo
The Bulawayo City Council has granted approval to Chinese company Labenmon Private Limited to establish a cement grinding facility at Umvumila Industrial Park, located near the United College of Educa...Published: 03 Oct 2024 at 17:36hrs | 886 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 787 | by Tendai Ruben Mbofana
Mnangagwa frets over resurgent black market
In his State of the Nation Address (SONA) delivered during the official opening of the second session of the 10th Parliament in Mt Hampden, President Emmerson Mnangagwa expressed deep concern over the...Published: 03 Oct 2024 at 08:58hrs | 566 | by Staff reporter
Mnangagwa warns forex dealers
In a bold move to stabilize the beleaguered Zimbabwe Gold (ZWG) currency, President Emmerson Mnangagwa announced on Wednesday that 50% of mining royalties will be allocated to bolster the currency's r...Published: 03 Oct 2024 at 08:58hrs | 1052 | by Staff reporter
Zimbabwe govt working on currency stability
In a comprehensive State of the Nation Address delivered yesterday at the new Parliament Building in Mt Hampden, President Emmerson Mnangagwa highlighted the government's ongoing efforts to stabilize ...Published: 03 Oct 2024 at 08:47hrs | 167 | by Staff reporter
Local cattle breeder donates semen
A local stud breeder is offering free semen from his stud bulls to help improve cattle breeds in communal areas, aligning with the national effort to rebuild Zimbabwe's livestock herd. This initiative...Published: 03 Oct 2024 at 08:43hrs | 137 | by Staff reporter
Foreign mining companies should follow Zimbabwe laws
Foreign mining companies must ensure their operations in Zimbabwe benefit indigenous citizens, who are the rightful owners of the country's natural resources. This was the message from Remigious Matan...Published: 03 Oct 2024 at 08:40hrs | 121 | by Staff reporter
Zimbabwe's currency conundrum: Meagre gold reserves can't sustain the ZiG
Today, during his State of the Nation Address (SONA), President Emmerson Dambudzo Mnangagwa announced that the government would set aside 50% mineral royalties to shore up the local currency. ...Published: 02 Oct 2024 at 20:53hrs | 2923 | by Tendai Ruben Mbofana
7 big global companies dump South Africa
Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced th...Published: 02 Oct 2024 at 12:35hrs | 1175 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 614 | by Staff reporter
Mohadi attends inauguration of Mexico's first female president
Vice President Kembo Mohadi yesterday represented Zimbabwe at the historic inauguration of Mexico's first female president, Claudia Sheinbaum. The ceremony, held at the Legislative Palace of San Láza...Published: 02 Oct 2024 at 07:47hrs | 110 | by Staff reporter
Chinese company to build lithium refinery plant in Zimbabwe
Sinomine Resource Group Co.'s Zimbabwean unit plans to build a $500 million lithium refinery in the next 3-5 years, even as the company currently loses money due to weak metal prices."We have ...Published: 01 Oct 2024 at 15:34hrs | 1865 | by Staff reporter
The curse of diamonds: How Zimbabwe's wealth is failing its people
I was listening this morning as the Minister of Mines, Winston Chitando, boasted over Zimbabwe's increasing diamond production. Indeed, Zimbabwe's diamond industry has long been touted as a be...Published: 01 Oct 2024 at 15:09hrs | 907 | by Tendai Ruben Mbofana
Anti-Chinese investors Maguwu releases a damning report
The relationship between Chinese-owned extractive companies and local communities in Zimbabwe has deteriorated, marked by growing mistrust, suspicion, and a series of reported abuses. A recent report ...Published: 30 Sep 2024 at 07:55hrs | 876 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3313 | by Tendai Ruben Mbofana
Zimbabwe pursues legal action over confiscated fire tenders in Lithuania
The Zimbabwean government is actively exploring all legal avenues, including international arbitration, to recover 17 fire tenders that were seized by Lithuania last year while being shipped from Bela...Published: 29 Sep 2024 at 11:25hrs | 228 | by Staff reporter
Zimbabwe aims to become a key blueberry supplier
Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the bl...Published: 27 Sep 2024 at 08:27hrs | 172 | by Staff reporter
Bulawayo leads other provinces in Zimbabwe on the export market
Zimbabwe's second-largest city, is leading the country in export volumes, but there is a growing need for more export incentives to help the city unlock its full potential, according to industry exper...Published: 20 Sep 2024 at 11:54hrs | 4322 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 355 | by Staff reporter
Zimbabwe struggles to capitalize on EU trade opportunities
Zimbabwe has yet to fully exploit significant export opportunities within the European Union (EU) under a duty-free agreement, despite the EU's vast market, which boasts a US$19 trillion gross domesti...Published: 20 Sep 2024 at 09:37hrs | 291 | by Staff reporter
Mnangagwa's govt paying lip service to ZWG
In a critical assessment of Zimbabwe Gold (ZWG), industry experts predict that the future post-mortem will reveal the government's own policies as the primary culprit behind the currency's struggles. ...Published: 20 Sep 2024 at 08:02hrs | 459 | by Staff reporter
Zimbabwe injects US$64m into foreign currency market
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market in response to a growing demand for hard currency, ensuring that all bona fide foreign currency applicati...Published: 20 Sep 2024 at 07:49hrs | 237 | by Staff reporter
Zimbabwean blueberries set to reach global markets with Dutch logistics support
In a major boost for Zimbabwe's agricultural sector, Dutch ambassador in Harare Margret Verwijk has announced that 6 million kilograms of Zimbabwean blueberries are en route to key international desti...Published: 18 Sep 2024 at 18:10hrs | 553 | by Staff reporter
Chinese' shops flood Bulawayo CBD
A bustling shop along Fife Street, between Eighth and Ninth Avenue, known informally as a "Chinese shop," has become a go-to destination for Bulawayo residents in search of affordable goods. From kitc...Published: 18 Sep 2024 at 08:18hrs | 601 | by Staff reporter
Zimbabwe aims to maximize gold revenue amid global demand surge
The Ministry of Mines has officially launched the 2024 Second Gold Mobilisation exercise, a strategic initiative designed to ensure compliance and optimize revenue from Zimbabwe's gold mining sector. ...Published: 17 Sep 2024 at 06:49hrs | 160 | by Staff reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 465 | by Staff reporter
Zimbabwe sitting on 40 trillion cubic feet of gas in Lupane
Zimbabwe holds vast reserves of untapped methane gas in the Lubimbi area of Lupane, Matabeleland North province, but has struggled for years to secure an investor to begin exploiting this valuable res...Published: 14 Sep 2024 at 12:28hrs | 13355 | by Staff reporter
Zimbabwe to repatriate remains of SA heroes
The remains of South African freedom fighters buried in Zimbabwe during the anti-apartheid struggle are set to be repatriated to their homeland. These fallen heroes were part of the broader regional e...Published: 12 Sep 2024 at 07:23hrs | 764 | by Staff reporter
Uganda Airlines to launch flights on the Harare-Entebbe route
Uganda Airlines is set to launch flights on the Harare-Entebbe route starting from the 25th of this month, in response to growing demand for air travel between Zimbabwe and Uganda. The airline aims to...Published: 09 Sep 2024 at 07:59hrs | 546 | by Staff reporter
You can't rig suffering Zimbabweans, Mr. Mnangagwa!
The debate rages on as to President Emmerson Dambudzo Mnangagwa's true intentions regarding his stay in power. Is he stepping down as demanded by the country's Constitution at the end of his t...Published: 08 Sep 2024 at 20:04hrs | 1007 | by Tendai Ruben Mbofana
Zimbabwe avocado producers to join SA exporters in China shipments
Avocado producers from Zimbabwe will join South African exporters in sending fruit to China, it has emerged. According to the Harare-based Horticultural Development Council, "Avocados can now ...Published: 08 Sep 2024 at 12:18hrs | 302 | by Staff reporter
Zimbabwe needs $1.6bn to lift crop output after El Nino induced drought
ZIMBABWE needs $1.64 billion to bolster crop production after a devastating drought increased food insecurity and prompted a state of disaster.The southern African nation is targeting a more t...Published: 08 Sep 2024 at 09:46hrs | 61 | by Staff reporter
A city at risk of collapsing: The cost of the search for gold in Zimbabwe
DOROTHY Moyo says a prayer every time she walks, runs, or drives around her neighbourhood in central Zimbabwe - afraid that the earth will give away from beneath her feet, dragging her underground....Published: 07 Sep 2024 at 10:21hrs | 1878 | by Staff reporter
Zimbabwe opens rail network to private companies
The National Railways of Zimbabwe has opened its network up to private players, including a unit of South Africa's Grindrod, as it seeks to boost freight volumes that had collapsed after decades of un...Published: 06 Sep 2024 at 13:07hrs | 619 | by Staff reporter
Zimbabwe targets 60 000MT of fish exports by 2026
Deputy Minister of Lands, Agriculture, Fisheries, Water, and Rural Development David Marapira has announced an ambitious plan to boost Zimbabwe's aquaculture sector. The government aims to increase fi...Published: 04 Sep 2024 at 07:53hrs | 78 | by Staff reporter
Zimbabwe, China sign 17 major deals
Zimbabwe and China have reaffirmed their Comprehensive Strategic Partnership of Cooperation by signing 17 agreements and Memorandums of Understanding (MoUs) across multiple sectors, including agricult...Published: 04 Sep 2024 at 07:50hrs | 375 | by Staff reporter
Mohadi rallies mining investors
Vice President Kembo Mohadi has urged investors from Indonesia and other countries to explore mining opportunities in Zimbabwe, emphasizing the importance of local value addition and beneficiation. ...Published: 04 Sep 2024 at 07:49hrs | 57 | by Staff reporter
RBZ makes U-turn
The Reserve Bank of Zimbabwe (RBZ) has announced that holders of non-negotiable certificates of deposit (NNCDs) will now receive tradable government bonds. This decision comes in response to pressure ...Published: 03 Sep 2024 at 15:45hrs | 27482 | by Staff reporter
Zimbabwe central bank injects US$190 million to meet forex demand
Zimbabwe's central bank has injected US$190 million into the foreign-exchange market to meet demand for dollars and maintain economic stability since the introduction of a new bullion-backed currency,...Published: 03 Sep 2024 at 14:37hrs | 465 | by Staff reporter
Zesa introduces prepaid meters for industries
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) is introducing prepaid meters for medium and large-scale customers, including those in the manufacturing sector, to address its s...Published: 02 Sep 2024 at 11:26hrs | 416 | by Staff reporter
Zimbabwe central bank says it's intervening in foreign exchange market
Zimbabwe's central bank said it's "strategically intervening" in the foreign-exchange market to meet demand for dollars among lenders amid a slump in the nation's bullion-backed currency.The i...Published: 31 Aug 2024 at 11:14hrs | 628 | by Staff reporter
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