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Farmers in Matabeleland optimistic after rains
Farmers across Matabeleland are optimistic about a promising 2024/25 farming season following consistent rains that have rejuvenated crops, with the Government projecting a bumper harvest of 3.2 milli...Published: 14 Feb 2025 at 06:07hrs | 377 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 184 | by Staff reporter
Malawi bans mineral exports effective immediately
The Malawian Ministry of Mining has announced a temporary ban on the export of all minerals, effective immediately. This measure, the Ministry says, is aimed at streamlining export procedures to ensur...Published: 13 Feb 2025 at 10:00hrs | 947 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 390 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1243 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 202 | by Staff reporter
Concerns over RBZ's reduction of forex retention for horticulture exporters
The Horticultural Development Council (HDC) has expressed concerns about the Reserve Bank of Zimbabwe's (RBZ) recent decision to lower the foreign currency retention threshold for exporters from 75% t...Published: 10 Feb 2025 at 09:41hrs | 228 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Orlando Pirates reject accepted in the English Premier League
There was a time when Zimbabwean footballer Marshall Munetsi was told he wasn't good enough to play for South African giants Orlando Pirates. Now, the resilient midfielder is having the last laugh aft...Published: 05 Feb 2025 at 15:27hrs | 8416 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 162 | by Staff reporter
Over 600,000 used the SA-Zimbabwe border during festive season
A total of 645,590 travellers used the Beitbridge Border Post during the recently concluded 2024 festive season, according to an announcement made by South Africa's Border Management Authority (BMA) o...Published: 05 Feb 2025 at 11:52hrs | 40 | by Staff reporter
Zimbabwe's Manhize steel plant hits key milestone
The US$1.5 billion Manhize Steel Plant, located in the Midlands province, has officially commenced the production of reinforced steel bars (rebars), marking a significant milestone in Zimbabwe's indus...Published: 05 Feb 2025 at 11:48hrs | 854 | by Staff reporter
80% of Matebeleland South roads untrafficable
At least 80% of the road infrastructure in Matebeleland South has been severely damaged by heavy rains that have pounded Zimbabwe in recent weeks, a Zanu-PF lawmaker has claimed. The province has been...Published: 02 Feb 2025 at 18:50hrs | 1145 | by Staff reporter
Zimbabwean man's R14 million cigarette smuggling case in SA
The case against a 44-year-old Zimbabwean man, Jaint Janos Bimha, who was recently arrested for smuggling Remington Gold cigarettes worth R14 million into South Africa, has been postponed for formal b...Published: 28 Jan 2025 at 06:58hrs | 140 | by Staff reporter
Goat Meat is in Short Supply in Zimbabwe: Sifiso Agbetorwoka
Sifiso Agbetorwoka, a well-known goat farmer in Zimbabwe and the owner of Bulembe Farm, recently hosted a Goat Breeding Masterclass at her farm. She highlighted the challenges facing goat farmers in Z...Published: 22 Jan 2025 at 10:14hrs | 1172 | by Mncedisi Nyathi
R14 million Zimbabwe cigarettes intercepted at SA border
South African authorities have apprehended a 44-year-old migrant at the Beitbridge border post after intercepting a consignment of illicit Remington Gold cigarettes valued at an estimated R14 million....Published: 20 Jan 2025 at 19:31hrs | 832 | by Staff reporter
Zimbabwe lifts ban on cloven-hoofed animal imports from South Africa
The Red Meat Producers' Organisation (RPO) and Agricultural Business Chamber of South Africa (Agbiz) have welcomed Zimbabwe's recent move to lift the ban on the importation of cloven-hoofed animals an...Published: 20 Jan 2025 at 10:23hrs | 212 | by Staff reporter
Zimbabwe's tobacco export earnings reach US$1.3 billion in 2024
Zimbabwe's tobacco export earnings reached US$1.3 billion in 2024, a notable increase from US$1.23 billion in 2023, marking the second consecutive year that earnings have surpassed the US$1 billion ma...Published: 16 Jan 2025 at 07:12hrs | 192 | by Staff reporter
SA in record-high grain exports to Zimbabwe
The Port of Durban is currently receiving a shipment of imported white maize, marking the first import of the grain since March 2017 when South Africa was grappling with a severe drought.The A...Published: 15 Jan 2025 at 06:44hrs | 659 | by Staff reporter
Zimbabwe maintains 6% economic growth target
Finance, Economic Development and Investment Minister Professor Mthuli Ncube has reaffirmed Zimbabwe's 6% economic growth projection for 2024, despite the country facing late rains this agricultural s...Published: 15 Jan 2025 at 05:48hrs | 110 | by Staff reporter
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 142 | by Staff reporter
If ZANU-PF regime cracked down on gold smugglers as they do small businesses, Zimbabwe would prosper
This morning, while in town, I had a fascinating encounter with a lady entrepreneur who owns a small clothing business. After recognizing me as the author of articles she regularly reads, she ...Published: 09 Jan 2025 at 08:33hrs | 478 | by Tendai Ruben Mbofana
Zimbabwe Banking on Gold to Drive Economic Growth and Foreign Currency Inflows
Zimbabwe's gold sector is on track to significantly boost the country's economy, with output projected to reach 40 tonnes this year. This growth is attributed to substantial investments, a stable oper...Published: 07 Jan 2025 at 18:19hrs | 816 | by Ndou Paul
Electricity availability in Zimbabwe is now worse than Rhodesia in the 1940s
The irony of Zimbabwe having worse electricity availability today than Rhodesia in the 1940s is a stark and painful reminder of how far we have regressed as a nation. For Zimbabweans who have ...Published: 06 Jan 2025 at 12:10hrs | 1113 | by Tendai Ruben Mbofana
Mnangagwa announces a significant Cabinet reshuffle
President Emmerson Mnangagwa has announced significant changes to his Cabinet and the leadership of the Central Intelligence Organisation. Two Cabinet Ministers have been reassigned, and a new Directo...Published: 04 Jan 2025 at 05:55hrs | 5209 | by Staff reporter
Scattered rains rekindle farmers' hopes
Zimbabwean farmers have planted over 1.4 million hectares of maize, 352,331 hectares of traditional grains, and 75,438 hectares of tobacco, fueled by recent scattered rains that signal a promising agr...Published: 01 Jan 2025 at 10:07hrs | 96 | by Staff reporter
Zimbabwe farmers urged to tap into China's fruit import market
Trade promotion agency ZimTrade is encouraging Zimbabwean farmers to seize the opportunity presented by China's growing fruit import market, which could generate much-needed foreign currency for the c...Published: 31 Dec 2024 at 13:57hrs | 242 | by Staff reporter
Chinese national in Zimbabwe court for fraudulent trucking scheme
A Chinese national, Liu Bo (43), appeared in court yesterday facing charges of defrauding a local transport business owner by duping him into hiring out his truck for the transportation of chrome ore,...Published: 31 Dec 2024 at 13:51hrs | 168 | by Staff reporter
Zimbabwe intensify crackdown on smuggling
Zimbabwe is intensifying its efforts to combat smuggling along its border with South Africa, in response to significant revenue losses reported due to syndicates operating in the area. The national an...Published: 31 Dec 2024 at 13:39hrs | 77 | by Staff reporter
Chinese national in Zimbabwe court over fraudulent lithium smuggling scheme
A Chinese national, Lui Bo, appeared before a Harare magistrate facing charges of fraud after allegedly deceiving a local transport company into unknowingly smuggling lithium ore to Mozambique. The in...Published: 31 Dec 2024 at 13:35hrs | 83 | by Staff reporter
85 000 Chinese nationals now living in Zimbabwe
I was astonished to hear the other day that there are now over 85 000 Chinese nationals living in Zimbabwe. I questioned this estimate and was told no, its real. What on earth are they doing here? The...Published: 30 Dec 2024 at 19:15hrs | 888 | by Eddie Cross
Chinese woman up for US$160,000 fraud in Zimbabwe
A 68-year-old Chinese woman, Li Quiyi, has been arrested for allegedly defrauding a fellow national of US$160 000 in a fake lithium export licensing deal. Li reportedly used the influence of high-prof...Published: 29 Dec 2024 at 08:46hrs | 390 | by Staff reporter
Zimbabwe police urge parents to protect minors from alcohol abuse
As the country enters the festive season, the Zimbabwe Republic Police (ZRP) has issued a stern warning to parents and guardians to be vigilant and prevent minors from consuming alcohol and other into...Published: 22 Dec 2024 at 10:43hrs | 60 | by Staff reporter
Why Hollywoodbets appeals to both casual and serious bettors in South Africa
Hollywoodbets is a South African betting company that was established in 2000. The company initially started as a publishing company that was involved in distributing and publishing horse racing cards...Published: 20 Dec 2024 at 12:36hrs | 318 | by Staff Reporter
Mthuli Ncube's 2025 Budget to increase cost of doing business
Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already chall...Published: 20 Dec 2024 at 11:12hrs | 580 | by Staff reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 1048 | by Innocent Mujeri
Zimbabwe cuts power exports to ease load-shedding
Zimbabwe has significantly reduced power exports to neighbouring countries to bolster local electricity supplies, leading to a notable reduction in load-shedding across the country over the past two w...Published: 15 Dec 2024 at 09:10hrs | 4980 | by Staff reporter
Zimbabwean businessman eyes titanium value addition industry in Africa
Zimbabwean-born CEO Donovan Chimhandamba of South Africa-based Nyanza Light Metals has unveiled ambitious plans to establish a beneficiation and value addition industry for titanium minerals in Africa...Published: 14 Dec 2024 at 21:32hrs | 766 | by Staff reporter
More trouble for Zimbabwe as Trump makes return
The incoming administration of Donald Trump in the United States has sparked significant interest across Africa, as analysts speculate on how his second presidency will affect the continent's security...Published: 14 Dec 2024 at 12:34hrs | 803 | by Staff reporter
Chiwenga urges diamond value-addition to boost Zimbabwe exports
Vice-President Constantino Chiwenga has stressed the importance of value addition in Zimbabwe's diamond industry as a means to maximise export earnings and enhance the sector's contribution to the nat...Published: 13 Dec 2024 at 09:40hrs | 120 | by Staff reporter
Zimbabwe power users raise US$250 million for floating solar plant on Kariba Dam
Zimbabwe's industrial power users have secured $250 million from the African Export-Import Bank to build floating solar panels at the world's largest man-made lake.The Intensive Energy User Gr...Published: 10 Dec 2024 at 07:14hrs | 758 | by Staff reporter
NatFoods bemoans limited ZWG acceptability
Zimbabwe's listed food manufacturer, National Foods (NatFoods), has expressed concern over the limited acceptability of the Zimbabwe Gold (ZWG) as a medium for sourcing raw materials, highlighting the...Published: 10 Dec 2024 at 07:09hrs | 723 | by Staff reporter
US, UK sanction Gold Mafia linked dealer
The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the c...Published: 10 Dec 2024 at 07:08hrs | 966 | by Staff reporter
Mnangagwa commissions Varum push carts
President Emmerson Mnangagwa yesterday officially commissioned two new manufacturing lines at Varun Beverages (Zimbabwe) (Pvt) Ltd, a move set to boost the production capacity of Aquaclear bottled wat...Published: 10 Dec 2024 at 07:04hrs | 808 | by Staff reporter
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