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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 | 4877 | 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 | 114 | 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 | 934 | 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 | 788 | by Staff reporter
Zimplats advances Zimbabwe's value-addition drive
Zimplats, one of Zimbabwe's leading platinum group metals producers, is making significant progress toward enhancing value addition and beneficiation in the mining sector through the construction of a...Published: 09 Dec 2024 at 06:58hrs | 1518 | by Staff reporter
Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 502 | by Staff reporter
Ramaphosa's economy shrinks 0.3%
The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the ...Published: 03 Dec 2024 at 15:39hrs | 307 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 89 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 365 | by Staff reporter
Zimbabwe's blueberry sector eyes 30,000-tonne target by 2030
Zimbabwean horticultural farmers are aiming to produce 30,000 metric tonnes of blueberries annually by 2030, a goal that underscores the rapid growth of the sector. However, this ambitious target is b...Published: 27 Nov 2024 at 12:44hrs | 362 | by Staff reporter
Zimbabwe achieves record wheat harvest
Zimbabwe has achieved a record-breaking wheat harvest of over 560,000 tonnes for the 2024 season, surpassing last year's production of 467,905 tonnes. This marks the second consecutive year the countr...Published: 24 Nov 2024 at 09:59hrs | 644 | by Staff reporter
Zimbabweans to endure 6 more years with load shedding
The Zimbabwe Electricity Supply Authority (Zesa) is undertaking energy generation projects worth 3,000MW to eliminate load-shedding and achieve universal electricity access by 2030. The initiatives ar...Published: 20 Nov 2024 at 06:49hrs | 302 | by Staff reporter
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 169 | by Tendai Ruben Mbofana
Mozambique borders reopen as protests subside
Mozambique's border posts were reopened yesterday, and protests in Maputo and other cities have subsided - for now - as the country grapples with ongoing unrest following allegations of election fraud...Published: 11 Nov 2024 at 07:14hrs | 758 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2295 | by Staff reporter
Botswana's ruling party loses power after six decades
Botswana's governing party has suffered a shock election defeat after nearly six decades in power, preliminary election results show.President Mokgweetsi Masisi's Botswana Democratic Party (BD...Published: 01 Nov 2024 at 06:51hrs | 1478 | by Staff reporter
Zimbabwe-China trade hits $3 billion
Trade between Zimbabwe and China has surged in the first nine months of 2024, reaching a record $3 billion, marking a 25.6% year-on-year increase. Zimbabwe's exports to China stood at $2.1 billion, wh...Published: 30 Oct 2024 at 15:46hrs | 380 | by Staff reporter
Zimbabwe's gold output surges 33%
Zimbabwe's gold production surged by 33 percent in the third quarter of 2024, with output rising to 10.3 tonnes, compared to 7.7 tonnes in the previous quarter, according to official data from Fidelit...Published: 30 Oct 2024 at 07:53hrs | 148 | by Staff reporter
China opposes coercive measures against developing countries
China on Tuesday represented 28 Global South countries and delivered a joint statement at the United Nations opposing unilateral coercive measures and urging countries imposing them to "immediately an...Published: 25 Oct 2024 at 15:52hrs | 132 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 761 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 273 | by Tendai Ruben Mbofana
Huawei in Zimbabwe solar power deal for mines
Leading renewable energy provider Grid Africa has entered into a strategic partnership with global technology giant Huawei to implement a 72MW solar power project aimed at supplying electricity to min...Published: 23 Oct 2024 at 07:40hrs | 259 | by Staff reporter
CSC, Boustead Beef deal sparks court battle
The Cold Storage Company (CSC) has officially terminated its partnership with Boustead Beef, leading to legal action, according to Lands, Agriculture, Fisheries, Water and Rural Development Minister, ...Published: 21 Oct 2024 at 07:42hrs | 237 | by Staff reporter
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 545 | by Staff reporter
Mnangagwa lauds exports surge
President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisati...Published: 18 Oct 2024 at 08:39hrs | 66 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 110 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3180 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 492 | 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 | 2603 | by Staff reporter
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 | 2638 | by Sishuwa Sishuwa
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 | 793 | 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 | 613 | 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 | 1081 | 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 | 169 | 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 | 142 | 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 | 2936 | by Tendai Ruben Mbofana
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 | 623 | 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 | 113 | 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 | 948 | by Tendai Ruben Mbofana
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 | 3366 | 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 | 244 | 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 | 193 | 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 | 366 | 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 | 345 | 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 | 559 | 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 | 617 | 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 | 479 | 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 | 1015 | 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 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
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