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Zimbabwe's medical aid coverage crashes to just 4%
Zimbabwe's healthcare system faces a deepening crisis as health insurance coverage has plummeted to an all-time low, with just 4% of the population currently enrolled in any form of medical aid. The s...Published: 06 Jun 2025 at 18:29hrs | 432 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 137 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 250 | by Staff reporter
Zimbabwe tobacco sales reach 88% of national target
A notable shift in Zimbabwe's tobacco marketing landscape is unfolding, with auction prices surpassing contract prices for 24 consecutive days, signaling potential cracks in the long-dominant contract...Published: 06 Jun 2025 at 09:42hrs | 55 | by Staff reporter
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 | 399 | by Staff reporter
Zimbabwe moves to revive pharmaceutical sector
The Government of Zimbabwe has announced a comprehensive set of interventions aimed at revitalising the country's pharmaceutical industry, with a focus on increasing local drug production, reducing im...Published: 04 Jun 2025 at 09:33hrs | 147 | 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 | 455 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 883 | by Staff reporter
IMF team set to arrive in Zimbabwe
Zimbabwe is poised to take a crucial step towards restoring its economic credibility and unlocking foreign investment, with an International Monetary Fund (IMF) delegation expected this week to finali...Published: 01 Jun 2025 at 14:25hrs | 189 | by Staff reporter
Harare ratepayers face US$3 million monthly bill in secretive deal
Harare's ratepayers are set to pay nearly US$3 million every month for refuse collection and street cleaning under a murky new contract involving the government, the City of Harare (CoH), and Geo Pomo...Published: 01 Jun 2025 at 14:20hrs | 3009 | by Staff reporter
Global Investment Conference for Africa 2025 to take place in Harare
Harare is set to host the Global Investment Conference for Africa (GICA) 2025 from September 11 to 13, bringing together prominent business leaders and investors from across the world.Organise...Published: 31 May 2025 at 13:56hrs | 48 | by Staff reporter
Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 30 May 2025 at 12:16hrs | 481 | by Staff reporter
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: 30 May 2025 at 12:09hrs | 201 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | 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 | 354 | by Staff reporter
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: 29 May 2025 at 13:22hrs | 3788 | 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: 29 May 2025 at 13:18hrs | 718 | 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 | 211 | by Staff reporter
South Africa in talks with Zimbabwe, Zambia to run Grand Inga transmission line
South Africa's Minister for Minerals and Petroleum Resources, Gwede Mantashe, announced on Tuesday that his country is engaging in discussions with Zambia and Zimbabwe regarding the potential routing ...Published: 28 May 2025 at 11:03hrs | 696 | by `
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'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 | 94 | by Staff reporter
Revenue improves after Beitbridge upgrade
Government revenue at the Beitbridge Border Post has surged significantly following the completion of its modernisation, showcasing a successful example of how public-private partnerships (PPPs) can d...Published: 26 May 2025 at 08:35hrs | 606 | 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 | 143 | 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 | 49 | by Staff reporter
The fight is not to ban coal, says Minister
Zimbabwe's Energy and Power Development Minister, July Moyo, has emphasized that the country's focus should not be on phasing out coal, but rather on finding smarter and cleaner ways to utilize it.&nb...Published: 26 May 2025 at 08:04hrs | 77 | 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 | 157 | 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 | 217 | by Staff reporter
Zimbabwe govt moves to break Tongaat Hulett's monopoly
The Zimbabwean government has announced plans to introduce new players into the sugarcane milling industry to break the monopoly held by Tongaat Hulett Zimbabwe, a move aimed at boosting competition, ...Published: 22 May 2025 at 12:07hrs | 888 | by Staff reporter
Seed firms crippled by Zimbabwe govt debt
Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...Published: 22 May 2025 at 11:36hrs | 219 | by Staff reporter
EU-Zimbabwe Business Forum kicks off in Harare
The inaugural EU-Zimbabwe Business Forum kicked off in Harare on Tuesday, marking a significant step toward revitalising and strengthening trade and investment relations between Zimbabwe and the Europ...Published: 21 May 2025 at 13:22hrs | 109 | by Staff reporter
Scottland roped in for Egodini Mall project
Terracotta Trading Private Limited, the contractor behind the long-delayed Egodini Mall redevelopment project, has brought on board Better Brands Construction in a bid to accelerate progress amid moun...Published: 20 May 2025 at 10:09hrs | 915 | 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 | 1769 | 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 | 332 | by Staff reporter
Garwe under fire for alleged land grab benefiting Mnangagwa ally
Local Government Minister Daniel Garwe is once again embroiled in a controversial land seizure scandal, this time accused of stripping residential stands from nearly 100 former Members of Parliament (...Published: 19 May 2025 at 09:15hrs | 311 | 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 | 582 | by Staff reporter
Zimbabwe focuses on boosting productivity in winter season
Zimbabwe has positioned itself for a strong winter cropping season with an estimated 141,000 hectares available for wheat production following an extensive rehabilitation of irrigation infrastructure....Published: 18 May 2025 at 11:52hrs | 65 | 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 | 164 | 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 | 272 | by Staff reporter
Zimbabwe steps up domestic HIV/Aids funding drive
The Government of Zimbabwe is intensifying efforts to mobilize domestic resources to sustain HIV and AIDS prevention programs following significant cuts in international funding, Health and Child Care...Published: 15 May 2025 at 09:22hrs | 88 | 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 | 207 | by Staff reporter
Bulawayo signs landmark innovation MoU
The City of Bulawayo has made a strategic leap towards becoming the nation's innovation powerhouse by signing a Memorandum of Understanding (MoU) with the Research Council of Zimbabwe (RCZ), Zimbabwe ...Published: 12 May 2025 at 18:08hrs | 181 | by Staff reporter
Zimbabwe sees sharp rise in malaria cases and deaths in 2025
Zimbabwe has recorded a significant spike in malaria cases and deaths in 2025, with the Ministry of Health and Child Care confirming an alarming 180% rise in infections and a 218% surge in fatalities ...Published: 10 May 2025 at 13:03hrs | 64 | by Staff reporter
Zimbabwe retail sector to grow by 5,10% in 2025
The Zimbabwean retail sector is projected to grow by 5.10% in 2025, with its future expansion dependent on how well it navigates the challenges of the operating environment, including the increasing d...Published: 08 May 2025 at 16:08hrs | 181 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 107 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2417 | by Roland Mpofu I iol
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 37 | by Staff reporter
Boreholes are not the solution to Zimbabwe's water crisis - they may worsen it
There has been a growing disturbing trend.The Zimbabwean government has, in recent years, taken to vigorously drilling boreholes across the country as its signature approach to solving the cou...Published: 05 May 2025 at 23:30hrs | 947 | by Tendai Ruben Mbofana
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 85 | 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 | 131 | by Staff reporter
Mthuli Ncube unveils industrial development facilities
Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...Published: 24 Apr 2025 at 21:17hrs | 286 | by Staff reporter
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