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Multiple ZIMRA checks on Beitbridge - Harare roads excessive
Cross-border traders have raised concerns over what they describe as excessive and duplicated inspections by the Zimbabwe Revenue Authority (ZIMRA) and law enforcement along the Beitbridge - Harare hi...Published: 9 hrs ago | 56 | by Staff reporter
Are Zimbabwe economic growth rates real?
Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and i...Published: 21 Aug 2025 at 13:08hrs | 287 | by Delani Mangena
Hwende cries foul over allowances
Kuwadzana East legislator Chalton Hwende has raised concerns over the worsening conditions affecting lawmakers, accusing the government of dragging its feet on commitments to address outstanding allow...Published: 20 Aug 2025 at 18:13hrs | 344 | by Staff reporter
Mthuli Ncube warns Ministries over 'procurement chaos'
Finance Minister Professor Mthuli Ncube has issued a stern warning to government ministries over unchecked procurement practices, describing over-contracting as a "bleeding wound" on the Treasury that...Published: 14 Aug 2025 at 15:25hrs | 355 | by Staff reporter
Zimbabwe allocates US$25 million to compensate civil servants
The Zimbabwean government has earmarked US$25 million to compensate civil servants for pension losses incurred before 2009 due to the country's period of hyperinflation. This move follows recommendati...Published: 11 Aug 2025 at 09:08hrs | 570 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 129 | by Staff reporter
Zimbabwe, China seal US$55m technical cooperation agreement
President Emmerson Mnangagwa on Wednesday presided over the signing of a US$55 million Economic and Technical Cooperation Agreement between Zimbabwe and China, in a move set to boost the country's dev...Published: 07 Aug 2025 at 09:22hrs | 242 | by Staff reporter
Zida launches eRegulations portal
The Zimbabwe Investment Development Agency (Zida) has launched a new digital platform, the eRegulations portal, aimed at reducing bureaucratic red tape and enhancing the quality and ease of doing busi...Published: 07 Aug 2025 at 09:12hrs | 45 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 105 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 68 | by Staff reporter
Mnangagwa's office blows 81% of budget in 6 months
President Emmerson Mnangagwa's Office had already spent 81 percent of its 2025 budget by the halfway mark of the year, while the Ministry of Transport and Infrastructural Development exceeded its full...Published: 05 Aug 2025 at 12:19hrs | 485 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 254 | by Staff reporter
Zimbabwe's budget falls short of Abuja health target funding
Zimbabwe's 2025 Mid-Year Budget Review has again revealed the country's continued failure to meet the Abuja Declaration commitment of allocating at least 15% of the national budget to health, despite ...Published: 01 Aug 2025 at 13:42hrs | 220 | by Staff reporter
National Sports Stadium renovations lag
Government is scrambling to complete renovations at the National Sports Stadium amid fears that Zimbabwe's senior men's national football team could once again be forced to play their remaining 2026 W...Published: 01 Aug 2025 at 10:11hrs | 350 | by Staff reporter
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 | 141 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 264 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Biti demands judicial inquiry into Trabablas Interchange project
Former Finance Minister Tendai Biti has called for a forensic audit and the establishment of a judicial commission of inquiry into the staggering US$114 million cost of the newly commissioned Trababla...Published: 30 Jul 2025 at 18:18hrs | 620 | by Staff reporter
Mnangagwa orders immediate reforms to ease doing business
President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting on...Published: 30 Jul 2025 at 10:06hrs | 436 | by Staff reporter
Cash flow constraints hamper devolution funding
Finance Minister Professor Mthuli Ncube has attributed the government's failure to meet the constitutionally mandated five percent allocation of national revenue towards devolution to cash flow constr...Published: 29 Jul 2025 at 18:29hrs | 164 | by Staff reporter
Tagwirei must be stopped, says Biti
Former Finance Minister Tendai Biti has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, accusing him of plundering Zimbabwe's economy and warning that his presidential amb...Published: 29 Jul 2025 at 15:47hrs | 504 | by Staff reporter
Mutsvangwa's presidential ambitions exposed
Zanu-PF spokesperson Christopher Mutsvangwa's growing feud with business tycoon Kudakwashe Tagwirei and Vice-President Constantino Chiwenga is not merely political - it is rooted in a long-standing de...Published: 28 Jul 2025 at 09:42hrs | 1838 | by Staff reporter
AG flags legal risks in Trabablas interchange land acquisition
The Auditor-General has raised alarm over procedural lapses by the Ministry of Transport and Infrastructural Development in the acquisition of land for the recently completed US$114 million Trabablas ...Published: 28 Jul 2025 at 08:54hrs | 363 | by Staff reporter
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 268 | by Staff reporter
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 827 | by Staff reporter
Zanu-PF revives push for Mnangagwa term extension
ZANU-PF is reigniting its fading calls for President Emmerson Mnangagwa to extend his presidency beyond the constitutionally mandated two-term limit, with senior party officials now openly championing...Published: 22 Jul 2025 at 12:58hrs | 476 | by Staff reporter
Chiwenga distances self from 'fraudulent' Bulawayo event
The Office of the Vice President, General (Retired) Dr. Constantino Chiwenga, has formally distanced itself from a so-called "Matabeleland Business Dinner" event being widely promoted on social media,...Published: 22 Jul 2025 at 09:29hrs | 454 | by Staff reporter
Zanu-PF revives push for ED2030
ZANU-PF is reigniting fading calls for President Emmerson Mnangagwa to extend his stay in office beyond the constitutionally mandated two-term limit, with senior party officials leading the charge ahe...Published: 21 Jul 2025 at 18:45hrs | 377 | by Staff reporter
Mnangagwa concludes Japan visit
President Emmerson Mnangagwa on Friday concluded a five-day working visit to Japan aimed at deepening diplomatic and economic ties, strengthening Zimbabwe's investment appeal, and positioning the coun...Published: 19 Jul 2025 at 09:10hrs | 222 | by Staff reporter
Govt workers stage a flash protest at Mthuli Ncube's office
Civil servants staged a flash protest yesterday at the New Government Complex before marching to the offices of the Ministry of Finance, Economic Development and Investment Promotion in Harare, pressi...Published: 15 Jul 2025 at 08:20hrs | 695 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 251 | by Staff reporter
Biti slams UZ Vice Chancellor
Former Finance Minister Tendai Biti has sharply criticized University of Zimbabwe (UZ) Vice Chancellor Professor Paul Mapfumo for the recent dismissal of striking lecturers and suspension of student a...Published: 13 Jul 2025 at 11:19hrs | 73 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 42 | by Staff reporter
Trabablas Interchange scandal deepens
The cost of constructing the controversial Trabablas Traffic Interchange in Harare has surged to US$114 million, sparking a storm in Parliament amid growing concerns over fiscal transparency and poten...Published: 10 Jul 2025 at 21:10hrs | 1304 | by Staff reporter
Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 441 | by Staff reporter
Tagwirei's risky play in Zimbabwe's Game of Thrones
Business tycoon Kudakwashe Tagwirei's dramatic ejection from Zanu-PF's 126th Ordinary Session of the Central Committee has thrown a harsh spotlight on the formidable political headwinds he faces as he...Published: 09 Jul 2025 at 07:57hrs | 711 | by Staff reporter
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 86 | by Staff reporter
Geza, Mukupe replaced in Zanu-PF restructuring
The ZANU PF Mashonaland West provincial leadership has announced the replacement of two Central Committee members, Blessed Geza and Terrence Mukupe, as part of internal restructuring aimed at reinforc...Published: 07 Jul 2025 at 17:47hrs | 2677 | by Staff reporter
Here's who won Zimbabwe govt's biggest road tenders
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? Fossil...Published: 04 Jul 2025 at 14:30hrs | 27433 | by Staff reporter
Dr Malusi Gigaba has completed his PhD
Former finance minister Knowledge Malusi Nkanyeni Gigaba has achieved a significant academic milestone by completing his PhD at the University of Johannesburg (UJ), with his graduation confirmed for 2...Published: 04 Jul 2025 at 10:57hrs | 559 | by Staff reporter
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 460 | by Staff reporter
'You are good thief, not a leader', Tyson flows Tagwirei
Former Local Government Minister Saviour Kasukuwere has torn into President Emmerson Mnangagwa's ally, businessman Kudakwashe Tagwirei, describing him as only a good thief but faring badly as a politi...Published: 29 Jun 2025 at 18:10hrs | 2234 | by Paul Ndou
Tagwirei sparks feud with Kasukuwere, Biti
ZANU PF-aligned businessman Kudakwashe Tagwirei has ignited a political storm after accusing self-exiled former cabinet minister Saviour Kasukuwere and former Finance Minister Tendai Biti of corruptio...Published: 26 Jun 2025 at 15:44hrs | 1125 | by Staff reporter
Tagwirei breaks silence on Dema power plant tender
Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...Published: 26 Jun 2025 at 09:27hrs | 8523 | by Staff reporter
'Where are the cancer machines?' asks Khupe
Opposition Member of Parliament Thokozani Khupe has demanded a full disclosure from Finance Minister Mthuli Ncube on how proceeds from the sugar tax are being utilised in the fight against cancer, ami...Published: 26 Jun 2025 at 09:02hrs | 164 | by Staff reporter
Pokello reacts to Chombo's death hoax
Zimbabwean socialite and entrepreneur Pokello Nare has dismissed false reports circulating on social media claiming that her stepfather, former cabinet minister Ignatius Chombo, has died.On We...Published: 25 Jun 2025 at 17:48hrs | 1728 | by Staff reporter
Khupe demands Ministerial statement on use of US$38m sugar tax
Citizens Coalition for Change (CCC) legislator Dr Thokozani Khupe has called on the Ministry of Finance to urgently deliver a ministerial statement detailing how the US$38 million raised from the suga...Published: 25 Jun 2025 at 17:17hrs | 293 | by Staff reporter
Zanu-PF cell verification attendance plummets
The ruling Zanu-PF party is facing growing signs of waning popularity in Mashonaland West, with low turnout reported in several districts during an ongoing cell verification exercise - a key process a...Published: 25 Jun 2025 at 09:00hrs | 88 | by Staff reporter
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 283 | by Tendai Ruben Mbofana
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 105 | by Staff reporter
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