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Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 143 | by Staff reporter
Zimbabwean farmers embrace AI
The Food and Agriculture Organization of the United Nations (FAO) is advancing agrifood systems through integration of effective digital technologies in Zimbabwe. Through the Fostering Digital Village...Published: 01 Jul 2025 at 08:25hrs | 251 | by Staff reporter
Zimbabwe, EU celebrate growing trade
Zimbabwe and the European Union (EU) have marked a significant milestone in their growing economic partnership, with trade between the two entities increasing by 30% and foreign direct investment (FDI...Published: 13 May 2025 at 10:23hrs | 131 | by Staff reporter
Muchenje takes the reins at Schweppes
Schweppes Holdings Africa Limited has announced the appointment of seasoned beverages executive, Mr Stanley Muchenje, as its new Managing Director, effective 1 May 2025.Muchenje takes over fro...Published: 07 May 2025 at 13:25hrs | 298 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 122 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
EU scraps duty on Zimbabwe exports
In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...Published: 28 Apr 2025 at 12:12hrs | 320 | by Staff reporter
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 142 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 Apr 2025 at 22:44hrs | 563 | by Chris Mutsvangwa
Zimbabwe farmers displaced by new city compensated
The Zimbabwean Government has initiated the compensation process for over 300 farmers whose land was repossessed for the development of the new city in Mt Hampden, with five farmers already receiving ...Published: 06 Apr 2025 at 11:33hrs | 1007 | by Staff reporter
Mnangagwa to launch US$3.6 billion energy industrial park in Beitbridge
President Mnangagwa is expected in Beitbridge today for the ground-breaking ceremony of the Palm River Energy and Metallurgical Special Economic Zone (SEZ), a collaborative project between the Governm...Published: 24 Feb 2025 at 08:48hrs | 463 | by Staff reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 496 | by Marilyn Mutize
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 2026 | by Tendai Ruben Mbofana
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 377 | by Constantine Chikosi
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 21 Nov 2024 at 06:27hrs | 152 | by Staff reporter
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3825 | 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 | 151 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 185 | by Staff reporter
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 | 264 | by Staff reporter
Zimbabwe must be bold in FDI drive
Finance, Economic Development, and Investment Promotion Permanent Secretary George Guvamatanga has disclosed that the government has been inundated with demands from prospective investors seeking Zimb...Published: 09 Sep 2024 at 08:24hrs | 101 | by Staff reporter
Mashonaland's new city takes shape
The Government of Zimbabwe has commenced servicing land in Mt Hampden, where the new commercial and administrative capital will be established. This follows the recent repossession of 47 farms coverin...Published: 25 Aug 2024 at 11:18hrs | 760 | by Staff reporter
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 18 May 2024 at 15:27hrs | 26 | by Dr Bekithemba Mpofu
Zimbabwe currency crisis: Time to face the truth
THERE is, of course, no such thing as "a shortage of foreign currency".In open and disciplined markets, all that such a claim reflects is an over-valued local currency, whose managers resist t...Published: 07 Apr 2024 at 10:26hrs | 1 | by Obert Nyandoro
Zimbabwe campaign for foreign direct investment intensifies
IN a strategic move meant to bolster the country's economic landscape, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, is set to spearhead a series of F...Published: 07 Apr 2024 at 10:05hrs | | by Staff reporter
Supreme Court tosses out ex-St John's College paedophile coach's appeal
THE Supreme Court has thrown out an appeal against conviction and sentence by a paedophile who used to work at St Johns School in Harare who was jailed for sexually abusing four teenage boys who were ...Published: 13 Mar 2024 at 16:03hrs | 11 | by Staff reporter
47 farms earmarked for new city
FORTY-SEVEN farms in Mashonaland West and Mashonaland Central provinces have been earmarked for the development of the new capital city in Mt Hampden, where work on core infrastructure, which includes...Published: 10 Mar 2024 at 06:24hrs | 19 | by Staff reporter
'Zimbabwe performs dismally on human rights'
ZIMBABWE has been ranked among the world's worst performers in terms of human freedom, the Human Freedom Index (HFI) has revealed.The country was ranked 153 out of 165 countries with analysts ...Published: 10 Jan 2024 at 05:47hrs | 15 | by Staff reporter
Zimbabwe govt misses US$12bn mining target
LEADING economists and mining industry experts warned this week the Ministry of Mines and Mining Development was manipulating data to give an impression that its ambitious US$12 billion target will be...Published: 22 Dec 2023 at 18:13hrs | 14 | by Staff reporter
Triplicate: Private letter to Brother Brian Kagoro
PEACE and love be in your house. At the start of my journey to Masailand, Kenya, I thought I was going to be cut off from the world. The answer is yes and no. I am working with my longtime friend, Bis...Published: 03 Dec 2023 at 17:33hrs | 17 | by Kenneth Mafuka
Zimbabwe attracts US$8bn investments in 2023
Zimbabwe this year attracted investments worth US$8 billion, double the amount that had been targeted by the Zimbabwe Investment and Development Agency (ZIDA) at the beginning of the year, as the Seco...Published: 29 Nov 2023 at 05:07hrs | 13 | by Staff reporter
UN tells Zimbabwe to make changes to attract FDI
The United Nations (UN) has urged Zimbabwe to implement necessary changes to attract foreign direct investment (FDI) as global foreign assistance diminishes, moving away from quiet diplomacy. This adv...Published: 12 Oct 2023 at 06:41hrs | 2 | by Staff reporter
Zimbabwe is still 'our most stable operation' says Impala Platinum
What does the recent election change for Zimbabwe's biggest investor? Not much, says Nico Muller, the head of Zimplats holding company Implats. We've seen it all before, he suggests.In 2021, Z...Published: 06 Sep 2023 at 06:39hrs | 1 | by Staff reporter
Zimbabwe business calls on presidential poll loser to concede defeat
ZIMBABWE'S industries this week called for a peaceful post-election period, as they made a passionate plea to frontrunners in the presidential poll to concede defeat and help the country focus on rebu...Published: 29 Aug 2023 at 08:12hrs | 4 | by Staff reporter
Even Mnangagwa wants 'whites' to develop Zimbabwe!
A few days ago, I had a very interesting debate with a ZANU PF sympathizer - who was adamant that Zimbabwe was going in the right direction under President Emmerson Dambudzo Mnangagwa.He based...Published: 25 Jul 2023 at 21:50hrs | 19 | by Tendai Ruben Mbofana
Remittances anchor Zimbabwean economy
THE World Bank recently released global diaspora remittance statistics, which show that expatriates from low and middle-income countries sent over US$647 billion to their home countries in 2022....Published: 07 Jul 2023 at 07:52hrs | 15 | by Victor Bhoroma
Will the next ZANU PF leader call Mnangagwa a 'dimwit'?
The ruling ZANU PF is always full of drama, which never ceases to amaze, if not bemuse.So, after current President Emmerson Dambudzo Mnangagwa's monumental failure to resuscitate the country's...Published: 29 Jun 2023 at 13:05hrs | 15 | by Tendai Ruben Mbofana
China now Zimbabwe's largest FDI source
China has made huge inroads into the Zimbabwean economy in terms of investment, which is expected to grow further following the three-day ZimTrade organised Zimbabwe-China Business Forum, which ends t...Published: 01 Jun 2023 at 06:40hrs | 2 | by Staff reporter
Sanctions eroding value of Zimdollar
The depreciation of the Zimbabwe dollar is partly due to illegal economic sanctions imposed on the country by Western countries, the African Development Bank (AfDB) said in its African Economic Outloo...Published: 29 May 2023 at 06:30hrs | 1 | by Staff reporter
Duty reprieve for vehicle assembly factories
GOVERNMENT has suspended customs duty on semi-knocked down (SKD) single and double-cab motor vehicle kits imported by approved assemblers for a period of three years in a bid to revive the local motor...Published: 10 Mar 2023 at 05:18hrs | 1 | by Staff reporter
Zimbabwe records US$328mln in FDI
ZIMBABWE recorded USS327,9 million in foreign direct investment last year, an increase from USS237,5 million recorded in 2021. Despite the strong growth, analysts say the investment inflows re...Published: 12 Feb 2023 at 07:20hrs | 1 | by Staff reporter
Police raid illegal alcohol warehouse
THE police have vowed to bring to book the supply network of Bulawayo businesses and beyond that are linked to the warehouse where US$110 000 worth of suspected smuggled alcohol consignment was seized...Published: 23 Jan 2023 at 05:45hrs | 5 | by Staff reporter
What can go wrong with your crypto investment?
It may be virtual money, but the value of a cryptocurrency can never be negative. To put it simply, a cryptocurrency's ...Published: 10 Jan 2023 at 16:16hrs | 32 | by Moyo Roy
Bulawayo police smash illicit alcohol syndicate
Police yesterday cut off a njengu distribution network in Bulawayo in what is arguably the city's biggest illicit alcohol bust in recent years.They seized two truckloads of the outlawed booze ...Published: 17 Dec 2022 at 12:08hrs | 3 | by Staff reporter
Zimbabwe now one of the fastest growing African economies
ANALYSING Zimbabwe's unconventional economy always proves somewhat cumbersome because it is a country bridled with policy inconsistency, unfavourable operating conditions buoyed by decades of unilater...Published: 02 Dec 2022 at 19:32hrs | 1 | by Respect Gwenzi
Does Zimbabwe need the Commonwealth?
ZIMBABWE joined the Commonwealth in 1980 after gaining independence from Britain - in what appeared to be a major victory for the Commonwealth. Twenty-three years down the road, Zimbabwe quit the Comm...Published: 25 Nov 2022 at 05:11hrs | 2 | by Vusi Nyamazana
Zimbabwe's re-engagement effort faces brickwall
The Zimbabwe's re-engagement drive is largely influenced by many issues, chief among them political instability, democracy, high inflation and unemployment.Through the ongoing re-engagem...Published: 15 Nov 2022 at 04:50hrs | 2 | by Nomatter Jakachira
'Mwonzora's MDC is too broke to hold an elective congress'
MDC Alliance leader Douglas Mwonzora stands accused of delaying the party's elective congress. NewsDay (ND) chief reporter Taurai Mangudhla interviewed MDC Alliance presidential spokesperson Lloyd Dam...Published: 14 Nov 2022 at 05:16hrs | 20 | by Staff reporter
Zimbabwe army, political elites negotiate shady, corrupt mining deals
COMMUNITIES across the country are being neglected in negotiating mining contracts with foreigners as the military and political elites take centre-stage for personal gain, an expert has said....Published: 28 Sep 2022 at 20:27hrs | 7 | by Staff reporter
Zimbabwe central bank raids banks, firms
THE Reserve Bank of Zimbabwe's Exchange Control Division has raided and penalised top banks and firms for violating exchange control regulations with some companies failing to account for United State...Published: 23 Sep 2022 at 19:25hrs | | by Staff reporter
Report exposes double standards in Zimbabwe's reform drive
THERE have been double standards in Zimbabwe's hyped reform programme, a report by the United States (US) has noted, raising concern over land expropriations and undertakings to protect property right...Published: 15 Sep 2022 at 05:53hrs | 10 | by Staff reporter
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