Search / Foreign investment
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1194 | by Staff reporter
Zesa spreads prepaid meters to farms
ZESA Holdings has been ordered to implement prepaid and smart electricity meters across all sectors of the economy by October this year, a government move aimed at enhancing revenue collection and cur...Published: 18 Jul 2025 at 08:30hrs | 77 | by Staff reporter
Mnangagwa heads to Japan for World Expo 2025
President Emmerson Mnangagwa is expected to arrive in Japan today ahead of Zimbabwe's National Day celebrations at the World Expo 2025 Osaka, Kansai on Wednesday. His visit is...Published: 14 Jul 2025 at 07:49hrs | 127 | by Staff reporter
Zida warns US$43,12m at stake in haulage, logistics industry
The Zimbabwe Investment and Development Agency (Zida) has raised alarm over the potential loss of US$43.12 million in foreign investment in the haulage and logistics sector, following the implementati...Published: 10 Jul 2025 at 08:52hrs | 240 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1689 | by Staff reporter
Chinese miner in Zimbabwe grave rights abuses storm
The Centre for Natural Resource Governance (CNRG) has called on the Zimbabwean government to urgently intervene and halt alleged human rights abuses being committed by a Chinese-linked mining company ...Published: 03 Jul 2025 at 09:14hrs | 358 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2697 | by Staff reporter
Zimbabweans: No one is coming to save us
For 45 years, Zimbabweans have lived with the weight of unfulfilled promises from successive governments. From independence in 1980 to the present day, the narrative has been one of hope, resilience a...Published: 24 Jun 2025 at 11:31hrs | 805 | by Engineer Jacob Kudzayi Mutisi
Mnangagwa meets UK Minister for Africa
The United Kingdom's Minister for Africa, Lord Collins of Highbury, is scheduled to meet President Emmerson Mnangagwa today at State House in Harare.The high-level courtesy call signals a cont...Published: 11 Jun 2025 at 17:56hrs | 728 | by Staff reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 128 | by Staff reporter
U.S. Ambassador slams corruption in Zimbabwe
United States Ambassador to Zimbabwe, Pamela Tremont, has described corruption as a "cancer" that is depriving Zimbabweans of their national wealth and severely undermining trade and investment prospe...Published: 06 Jun 2025 at 09:41hrs | 187 | by Staff reporter
ZIDA to rollout e-regulation portal next month
The Zimbabwe Investment and Development Agency (ZIDA) is set to launch a new e-regulation portal by mid-July, in a major digital reform aimed at improving the ease of doing business and enhancing tran...Published: 05 Jun 2025 at 11:35hrs | 147 | 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 | 319 | by Staff reporter
The new Broadcasting Services Amendment Act: A legal analysis
The Broadcasting Services Amendment Act No.2, 2025 (Hereinafter referred to as the Act/ Amendment Act) represents a significant shift in Zimbabwe's media regulation landscape. Promulgated as part of b...Published: 31 May 2025 at 14:06hrs | 332 | by Mlondolozi Ndlovu
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 | 64 | 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 | 99 | 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
Zimbabwe eyes tighter gambling rules
The Lotteries and Gaming Board (LGB) has announced plans to tighten regulatory controls over Zimbabwe's gambling industry following rising concerns about illegal gambling operations, financial crimes,...Published: 26 May 2025 at 08:11hrs | 61 | by Staff reporter
Africa Day
As we celebrate the African renaissance, we must also be in a position to reflect on what the continent must do in order to improve the lives of African people.AFRICA must come up with one Afr...Published: 24 May 2025 at 22:55hrs | 156 | by Leonard Koni
Zimbabwe's gold sector performing exceptionally well, but
Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth.This was the central...Published: 24 May 2025 at 09:00hrs | 68 | 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 | 127 | 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 | 167 | by Staff reporter
Mnangagwa offers Lukashenko minerals
President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...Published: 16 May 2025 at 09:44hrs | 123 | by Staff reporter
Zimbabwe introduces online visa applications
Zimbabwe has launched a new online visa application system, allowing travellers from countries requiring a visa to apply electronically, in a major move to modernise the country's immigration processe...Published: 12 May 2025 at 14:02hrs | 726 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 859 | 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 courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 31 | by Staff reporter
China reaffirms commitment to Zimbabwe's industrialisation agenda
Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...Published: 25 Apr 2025 at 07:27hrs | 27 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 24 Apr 2025 at 07:20hrs | 69 | by Staff reporter
ALROSA to double investment in Zimbabwe's diamond sector
ALROSA, the world's largest diamond producer by output, has announced plans to double its initial investment in its joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC), in a move that ...Published: 24 Apr 2025 at 07:20hrs | 183 | by Staff reporter
US signals stronger economic engagement with Zimbabwe
As Zimbabwe marked its 45th Independence anniversary last Friday with celebrations led by President Emmerson Mnangagwa in Gokwe Nembudziya, the United States extended a hand of goodwill and signaled a...Published: 21 Apr 2025 at 09:02hrs | 996 | by Staff reporter
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3604 | by Staff reporter
State Capture? Geza's Explosive Allegations Shake Zimbabwe
Zimbabwe is once again at the centre of political controversy following damning allegations made by a war veteran, former Zanu PF central committee member Blessed Runesu Geza. His claims, which sugges...Published: 03 Apr 2025 at 16:49hrs | 1028 | by Engineer Jacob Kudzayi Mutisi
Zapu bemoans Zimbabwe's ailing health sector
The recent death of uGogo Rose Nyathi, "a Bulawayo celebrity, human rights activist, and informal comedian", who was laid to rest at Lady Stanley Cemetery highlighted some of the anomalies in our heal...Published: 16 Mar 2025 at 13:06hrs | 417 | by Dr Themba Bulle, ZAPU Deputy Secretary for Health and Welfare
Chinese national acquitted for attempted murder
Gweru regional magistrate Christopher Maturure on Wednesday acquitted Chinese national Liu Haifeng, who had been facing a charge of attempted murder.The State had alleged that in January this ...Published: 14 Mar 2025 at 06:47hrs | 353 | by Staff reporter
Zimbabwe courts US gas investors
Energy and Power Development Minister July Moyo has urged U.S. businesses to invest in Zimbabwe's vast gas reserves, which he says are three times larger than those found in South Africa. Speaking at ...Published: 08 Mar 2025 at 14:41hrs | 63 | by Staff reporter
Zimbabwe spends US$1.6 billion on second-hand car imports
Zimbabweans have spent a staggering US$1.6 billion on importing second-hand vehicles over the past six years, highlighting the need to revive the local automotive industry, Industry and Commerce Minis...Published: 27 Feb 2025 at 11:00hrs | 149 | by Staff reporter
Zimbabwe engages South African automotive players for local industry boost
The Ministry of Industry and Commerce today welcomed a high-profile South African delegation representing the African Association of Automotive Manufacturers (AAAM) and the Motor Industry Association ...Published: 26 Feb 2025 at 14:49hrs | 917 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 412 | by Staff reporter
Foreign companies must comply with Zimbabwe's labour laws
Zimbabwe must strengthen the enforcement of its labour laws to safeguard local workers employed by foreign businesses, particularly Chinese-owned mining firms, according to Dr. Wayne Malinga, a senior...Published: 05 Feb 2025 at 15:40hrs | 733 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2046 | by Staff reporter
Time ticking out for Mnangagwa
2025 is going to be a very busy year in Zimbabwe politically, socially, and economically.There are really fundamental concerns that are gaining centre stage in the political sector, to be spec...Published: 31 Jan 2025 at 16:08hrs | 2188 | by Leonard Koni
'Attack on Mnangagwa could harm Zimbabwe economy'
Presidential adviser Paul Tungwarara has warned that the recent attack on President Emmerson Mnangagwa by war veterans could have serious consequences for Zimbabwe's economy, potentially undermining e...Published: 30 Jan 2025 at 07:01hrs | 3502 | by Staff reporter
Tungwarara criticizes attacks on Mnangagwa
Dr. Paul Tungwarara, Special Presidential Investment Advisor to the United Arab Emirates and a prominent businessman, has strongly condemned recent attacks on President Emmerson Mnangagwa by a faction...Published: 30 Jan 2025 at 06:57hrs | 261 | by Staff reporter
It's time to kick exploitative Chinese out of Zimbabwe!
Zimbabwe is a colony once again!It is time for Zimbabweans to confront the uncomfortable reality of Chinese exploitation in the country. Recent incidents have revealed the horrifying e...Published: 24 Jan 2025 at 08:31hrs | 1117 | by Tendai Ruben Mbofana
Chinese miner pulls gun on worker demanding overdue wages
A violent altercation at a Chinese-owned mining company in Gweru on January 21 has sparked outrage on social media, with renewed calls for action against Chinese investors accused of exploiting local ...Published: 24 Jan 2025 at 07:26hrs | 229 | by Staff reporter
Foreign investment interest in Zimbabwe remains strong
Foreign investor interest in Zimbabwe continues to grow, with 200 investment licences issued in the fourth quarter of 2024, according to the latest report by the Zimbabwe Investment Development Agency...Published: 24 Jan 2025 at 07:24hrs | 76 | by Staff reporter
Zimbabwe: A Nation rich in resources, yet reliant on aid from the miners of its wealth
Zimbabwe, a nation blessed with abundant natural resources, finds itself in a peculiar paradox: hosting foreign investors to exploit its gold, diamonds, and lithium while simultaneously relying on foo...Published: 11 Jan 2025 at 09:04hrs | 588 | by Ndou Paul
ZCTU declares 2024 'annus horribilis' for workers, govt showdown looms
The Zimbabwe Congress of Trade Unions (ZCTU) has sharply criticized the government for what it describes as an "annus horribilis" for workers, outlining a series of grievances that have left the labor...Published: 23 Dec 2024 at 05:54hrs | 610 | by Staff reporter
Why Zimbabwe's push for youth entrepreneurship is misguided
The Zimbabwean government's recurring call for recent college graduates to become entrepreneurs instead of seeking employment is a glaring abdication of responsibility. In a country where mill...Published: 23 Dec 2024 at 00:57hrs | 169 | by Tendai Ruben Mbofana
Load More Stories