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Zimbabwe, Zambia unite to close energy gap
Leading corporates and energy sector stakeholders from Zimbabwe and Zambia met in Harare this week for the Energy Forum for Africa (EFA) networking event, aimed at fostering cross-border partnerships ...Published: 6 hrs ago | 98 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 6 hrs ago | 134 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 715 | by Staff reporter
Zimbabwe repays US$176 million in external debt
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...Published: 10 Aug 2025 at 12:12hrs | 480 | by Staff reporter
RBZ crackdown on money laundering
Following an intensive investigation into smuggling, money laundering, and financial externalisation, Zimbabwean authorities have launched a crackdown targeting several businesspeople and companies im...Published: 08 Aug 2025 at 09:15hrs | 573 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 426 | by Staff reporter
Uproar over controversial NSSA boss appointment
The government has ignited a fresh storm at the National Social Security Authority (Nssa) after bypassing two top-performing candidates for the position of general manager (GM) and appointing a lower-...Published: 01 Aug 2025 at 08:37hrs | 898 | by Staff reporter
Hwange's new CBD takes shape
The Hwange Local Board (HLB) has officially launched a long-anticipated greenfield development project that will see the creation of a brand-new central business district (CBD), in a major step toward...Published: 13 Jul 2025 at 11:43hrs | 354 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 516 | by Staff reporter
Gambling is devouring Zimbabwe's youth faster than drugs
Zimbabwe is witnessing a disturbing surge in gambling addiction, a crisis that is fast becoming as destructive as the country's long-running drug epidemic. The explosion of betting, particularly among...Published: 07 Jul 2025 at 08:42hrs | 272 | by Staff reporter
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 01 Jul 2025 at 08:16hrs | 531 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Mangudya calls for equitable IMF fund disbursements
Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...Published: 28 Jun 2025 at 14:44hrs | 70 | by Staff reporter
Zimbabwe banks process R6bn via regional payment systems
Zimbabwean banks processed transactions worth R6.09 billion (approximately US$339 million) through the Southern African Development Community Real-Time Gross Settlement System (SADC-RTGS) in 2024, mar...Published: 27 Jun 2025 at 18:32hrs | 283 | by Staff reporter
Robbery cases increasing across Zimbabwe
A surge in violent armed robberies has gripped Zimbabwe, with police confirming two major heists in Mt Darwin and Bulawayo that have left authorities scrambling to track down suspects behind the braze...Published: 27 Jun 2025 at 18:22hrs | 278 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1074 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 187 | by Staff reporter
Mukuru named among top cross-border payment providers
Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 F...Published: 19 Jun 2025 at 11:25hrs | 254 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 172 | by Staff reporter
RBZ says there is enough ZWG supply
The Reserve Bank of Zimbabwe (RBZ) has assured the public that there are sufficient stocks of the Zimbabwe Gold (ZWG) notes in circulation to meet current demand, despite widespread complaints across ...Published: 18 Jun 2025 at 07:32hrs | 160 | by Staff reporter
Zimbabwe banks ready to dispense ZiG from ATMs
The Reserve Bank of Zimbabwe (RBZ) has sought to ease public concerns over the scarcity of the Zimbabwe Gold currency, commonly known as ZiG, assuring that the currency is becoming increasingly access...Published: 16 Jun 2025 at 14:52hrs | 139 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 205 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1055 | by Staff reporyter
Gated communities redefine Bulawayo's residential landscape
Once considered exclusive enclaves for the elite, gated communities are rapidly transforming the urban fabric of Bulawayo, introducing new standards of security, lifestyle, and legal property ownershi...Published: 09 Jun 2025 at 08:42hrs | 5121 | by Staff reporter
Real empowerment means financial independence, not State handouts
PRESIDENT Emmerson Mnangagwa's recent unveiling of a US$500 000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widespread debate and scepticism....Published: 09 Jun 2025 at 08:34hrs | 55 | by Tendai Ruben Mbofana
Zimbabwean women make gains in property ownership
Women in Zimbabwe are making significant strides in securing access to economic resources such as land, property, and digital financial services, according to findings from the 2023–2024 Zimbabwe De...Published: 08 Jun 2025 at 13:30hrs | 219 | by Staff reporter
Real empowerment means financial independence, not state handouts
The truth will set us free.President Emmerson Mnangagwa's recent unveiling of a US$500,000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widesp...Published: 07 Jun 2025 at 19:06hrs | 453 | by Tendai Ruben Mbofana
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 603 | by Staff reporter
MPs grill Minister Masuka over bankability of new 'Title Deed'
Parliamentarians have raised concerns over the government's newly introduced comprehensive land tenure policy, pressing Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr. Anxious ...Published: 02 Jun 2025 at 16:18hrs | 461 | by Staff reporter
Govt engages children, spouses of national heroes on title deeds
In a landmark move aimed at resolving long-standing issues around land ownership, the Government has initiated dialogue with children and spouses of national liberation heroes to transition them from ...Published: 29 May 2025 at 13:25hrs | 357 | by Staff reporter
'Zimbabwe could unlock US$9bn from retaken land'
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has revealed that Zimbabwe could unlock up to US$9 billion from land seized during the 2001 fast-track land reform prog...Published: 29 May 2025 at 10:24hrs | 212 | 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 | 118 | by Staff reporter
Zimbabwe missing out on mega EU loans - loans have to be paid back
Zimbabwe is missing out on crucial loans from Europe's largest financial institutions, including the European Investment Bank (EIB), due to its unsustainable debt burden, the European Union's ambassad...Published: 26 May 2025 at 08:16hrs | 53 | 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 | 110 | by Staff reporter
Power generation to increase at Kariba
Power generation at the Kariba South Hydropower Station is expected to increase to around 500 megawatts (MW) during the upcoming winter season, following improved water allocation by the Zambezi River...Published: 26 May 2025 at 08:14hrs | 92 | 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 | 221 | by Staff reporter
NMBZ finalises US$70m external credit lines
Zimbabwe Stock Exchange-listed financial services group NMBZ Holdings is on the verge of securing external lines of credit worth over US$70 million, as part of its broader strategy to unlock US$100 mi...Published: 19 May 2025 at 09:19hrs | 88 | 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 | 443 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 571 | by Staff reporter
'Zimbabwe title deeds within Constitutional framework'
The issuance of title deeds to A1 and A2 farmers, a policy introduced by President Emmerson Mnangagwa last year, is being carried out in full compliance with Zimbabwe's Constitution, Minister of Lands...Published: 13 May 2025 at 10:12hrs | 210 | by Staff reporter
CBZ Holdings partners ZOC
One of Zimbabwe's leading financial institutions, CBZ Holdings, has entered into a strategic partnership with the Zimbabwe Olympic Committee (ZOC) in a bold move aimed at improving the country's prepa...Published: 09 May 2025 at 11:04hrs | 83 | by Staff reporter
Jah Prayzah receives US$350,000 gift from Chivayo amidst controversy
Just a week after releasing his 14th studio album, Ndini Mukudzei, popular Zimbabwean musician Jah Prayzah has become the recipient of a lavish gift from controversial tenderpreneur Wicknell Chivayo....Published: 07 May 2025 at 09:38hrs | 857 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 648 | by Staff reporter
Trade Fair brings brisk business for vendors, kombis
For small entrepreneurs like Mr Felix Ndlovu and Mr Lovemore Mutatu, the Zimbabwe International Trade Fair (ZITF) is not just an annual event, but a golden opportunity that redefines their year's earn...Published: 28 Apr 2025 at 12:29hrs | 87 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 159 | by Staff Reporter
AfDB says Zimbabwe seeks $2.6bn in bridge finance to overhaul debt
The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed to international financial institutions as it attempts to break a debt impa...Published: 24 Apr 2025 at 21:18hrs | 133 | by Staff reporter
Minister Ndlovu calls for collaboration to achieve rapid industrialisation
The Zimbabwean government is intensifying efforts to reduce the high cost of doing business and tackle the smuggling of counterfeit products, which have been negatively impacting the country's manufac...Published: 24 Apr 2025 at 07:22hrs | 46 | by Staff reporter
'Bulawayo-Vic Falls Road upgrading to take 10 months'
Transport and Infrastructural Development Minister Felix Mhona has confirmed that the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road will resume next month and is expected to be compl...Published: 16 Apr 2025 at 23:19hrs | 4754 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1262 | by Staff reporter
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