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Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 1 min ago | | by Staff reporter
'Chamisa's lawyer' cleared of receiving a bribe allegations
The Law Society of Zimbabwe (LSZ) has exonerated prominent Harare lawyer Advocate Thabani Mpofu of serious allegations of unprofessional misconduct, corruption, and conflict of interest brought forwar...Published: 5 mins ago | | by Staff reporter
Council bleeding funds over unrepaid travel allowances
Chinhoyi Municipality could be losing thousands of dollars amid revelations that councillors are benefiting from advance subsistence allowances for official trips they never undertook - and are not re...Published: 3 hrs ago | 27 | by Staff reporter
Treasury delists defaulting suppliers, bans pre-payment of services due to non-delivery
The Ministry of Finance and Economic Development has blacklisted a number of suppliers who failed to deliver goods and services after receiving advance payments from the government, Permanent Secretar...Published: 3 hrs ago | 25 | by Staff reporter
How can MPs protect Zimbabweans from exploitation when they themselves are shielded?
It's a tragedy when those meant to represent you no longer do. The recent enactment of a law compelling Zimbabwean motorists to first purchase a ZBC car radio licence before they are allowed t...Published: 16 hrs ago | 243 | by Tendai Ruben Mbofana
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 23 hrs ago | 841 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 23 hrs ago | 600 | by Staff reporter
Councillors get allowances for trips, fail to travel
Two Chinhoyi councillors were allocated allowances to attend business conferences-one in Saudi Arabia and another in Gweru - yet neither made the trips, raising concerns over the use of public funds....Published: 29 May 2025 at 10:27hrs | 225 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 429 | by Staff reporter
UK Minister for Africa to visit Zimbabwe
Zimbabwe and the United Kingdom are set to deepen diplomatic and economic ties with the anticipated visit of UK Minister for Africa, Lord Collins, in what is shaping up to be a historic shift in relat...Published: 28 May 2025 at 12:16hrs | 618 | by Staff reporter
Zimbabwe finalising first-ever economic census
Zimbabwe is in the final stages of completing its first-ever economic census, which will for the first time incorporate detailed data on the informal sector, Deputy Minister of Finance, Economic Devel...Published: 28 May 2025 at 11:04hrs | 178 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 405 | by `
Trabablas Interchange commissioning on Friday
The state-of-the-art US$88 million Trabablas Interchange is scheduled for official commissioning this Friday, heralding a significant infrastructural milestone under President Emmerson Mnangagwa's adm...Published: 28 May 2025 at 10:57hrs | 380 | by Staff reporter
Businessman in messy divorce
Harare businessman Itai Samanyai is currently embroiled in a heated divorce battle with his estranged wife, Grace Precious Mutongerwa-Samanyai, amid serious allegations of forged signatures linked to ...Published: 28 May 2025 at 10:53hrs | 718 | by Staff reporter
Chief Chirumanzu installation stopped
The installation of Abraham Nyamande as the substantive Chief Chirumanzu, initially scheduled for tomorrow, has been postponed pending the outcome of a High Court application challenging his appointme...Published: 28 May 2025 at 10:51hrs | 167 | by Staff reporter
Zimbabwe sees $2.6bn bridge finance in place by early 2026
Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to ...Published: 28 May 2025 at 10:51hrs | 113 | by Staff reporter
Biti's US$1 million defamation lawsuit resumes
The high-profile US$1 million defamation lawsuit filed against former Finance Minister and opposition politician Tendai Biti resumed yesterday, with Biti's legal team filing a notice to apply for refe...Published: 28 May 2025 at 10:42hrs | 141 | by Staff reporter
Zimbabwe's economic reforms gain momentum with IMF deal
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has announced that Zimbabwe expects to secure a Staff Level Agreement (SLA) with the International Monetary Fun...Published: 28 May 2025 at 10:38hrs | 81 | by Staff reporter
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 923 | by Tendai Ruben Mbofana
Zimbabwe reviews ICT standards to boost digitalisation
\The Government has undertaken a comprehensive review of ICT specification standards to accelerate digitalisation across public sector institutions, ensuring they stay current with evolving technology...Published: 26 May 2025 at 08:32hrs | 58 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 139 | by Staff reporter
Chivayo spoils childhood friend with weekend cars
Businessman Wicknell Chivayo has once again lived up to his reputation for flashy generosity, showering his childhood friend Tazvi "Chief J" Mhaka with extravagant birthday gifts that underscore their...Published: 26 May 2025 at 08:25hrs | 1078 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 106 | by Staff reporter
Zimbabwe to officially open $88 million Trabablas Interchange
Zimbabwe is poised to celebrate a landmark achievement in its ambitious road infrastructure overhaul as the state-of-the-art Trabablas Interchange is set to officially open to traffic this Friday. The...Published: 26 May 2025 at 08:12hrs | 352 | by Staff reporter
Health activists knock on parly door to address NCDs
The Zimbabwe NCD Champions Network has raised urgent concerns over the escalating burden of Non-Communicable Diseases (NCDs) and mental health conditions in the country, urging Parliament to implement...Published: 26 May 2025 at 08:02hrs | 31 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 385 | by Jacob Kudzayi Mutisi
Lifeline for Harare executives over retirement age extension
The recent Government decision to extend the official retirement age from 65 to 70 years has come as a major reprieve for top executives at Harare City Council who were due to retire this year, includ...Published: 24 May 2025 at 11:04hrs | 503 | by Staff reporter
Chivayo meltdown deepens mystery over R800m ZEC windfall
Flamboyant businessman Wicknell Chivayo has sparked fresh controversy following a bizarre outburst dismissing growing questions over alleged multimillion-rand payments linked to Zimbabwe's 2023 electi...Published: 24 May 2025 at 11:03hrs | 1644 | by Staff reporter
SADC to pilot regional tourism univisa in 5 member countries
Zimbabwe, South Africa, Namibia, Mozambique, and Angola have been selected to pilot the new SADC Tourism Univisa, a regional travel permit aimed at simplifying cross-border movement and promoting tour...Published: 24 May 2025 at 09:29hrs | 154 | by Staff reporter
Zimbabwe banks channel US$200m into agric sector
Zimbabwe's banking sector has injected approximately US$200 million to support the ongoing 2024/2025 summer cropping season, underscoring renewed efforts to revitalize agriculture, a sector long regar...Published: 22 May 2025 at 12:08hrs | 216 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 605 | by Staff reporter
Biti warns of disaster if Tagwirei ascends to Zimbabwe's Presidency
Former opposition MP and finance minister Tendai Biti has sounded alarm over the possible political elevation of controversial businessman Kudakwashe Tagwirei, warning that his rise to the presidency ...Published: 22 May 2025 at 10:11hrs | 911 | by Staff reporter
EU urges Zimbabwe firms to come up with bankable projects
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...Published: 22 May 2025 at 09:40hrs | 88 | by Staff reporter
Mnangagwa's son grilled over US$200m seed debt
Finance and Investment Promotion Deputy Minister David Mnangagwa has come under fire in Parliament after it emerged that the Government owes Valley Seeds Private Limited nearly US$200 million for agri...Published: 19 May 2025 at 13:58hrs | 1761 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Cereal imports ban looms in Zimbabwe
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has recommended a ban on cereal imports in a move aimed at boosting the local grain market and strengthening Zimbabwe's food ...Published: 19 May 2025 at 09:18hrs | 320 | by Staff reporter
Zimbabwe needs a reset through an NTA to prepare for democratic transition
Zimbabwe is teetering on the brink. We are witnessing a nation sliding further into economic despair, political illegitimacy, and social disintegration. The alarm bells are ringing lou...Published: 18 May 2025 at 17:46hrs | 445 | by Tendai Ruben Mbofana
Patrice Motsepe to buy ANC next Presidency?
Senior ANC members want to convince the billionaire Patrice Motsepe to make himself available to stand as the party's next president.Rapport cited two well-placed sources who said many ANC mem...Published: 18 May 2025 at 13:37hrs | 1202 | by Staff reporter
Ministry of Education fails to pay rent for 16 years
Zimbabwe's education system is rapidly collapsing, driven by a combination of chronic underfunding, rampant corruption, indiscipline, and government failure to disburse allocated budgets. Despite prom...Published: 18 May 2025 at 12:13hrs | 578 | by Staff reporter
'Zimbabwe's political crisis has to be managed carefully,' says Biti
As Zimbabwe grapples with escalating political tension and worsening economic conditions, fresh calls have emerged for the establishment of a National Transitional Authority (NTA) as a crucial rescue ...Published: 18 May 2025 at 11:59hrs | 483 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 161 | by Staff reporter
Zimbabwe mining industry to grow by 7% in 2025
Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ)....Published: 18 May 2025 at 11:48hrs | 265 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 133 | by Staff reporter
Zimbabwe govt disburses ZiG516m to councils
The Government has released ZiG516.4 million to various local authorities to support social infrastructure development and the procurement of critical equipment, Finance Deputy Minister David Mnangagw...Published: 17 May 2025 at 13:38hrs | 231 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 142 | by Staff reporter
Botswana gets $304 million AfDB loan
The African Development Bank (AfDB) has approved a $304 million loan to Botswana as the country grapples with rising fiscal pressures and seeks to implement crucial governance and economic reforms. Th...Published: 16 May 2025 at 17:29hrs | 450 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 394 | by `
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 68 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 203 | by Staff reporter
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