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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
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 | 234 | by Staff reporter
Warrant of arrest for Shawashi Agri boss
A warrant of arrest has been issued against Shawashi Agri Private Limited managing director, Lillian Nyamasoka, after she failed to appear in court to answer to serious fraud allegations involving ove...Published: 30 Jun 2025 at 18:35hrs | 600 | by Staff reporter
Prospectors slam Zimbabwe 'secretive' Mines and Minerals Bill
Zimbabwe's long-anticipated Mines and Minerals Bill is under fresh scrutiny, with industry stakeholders warning that the proposed legislation remains opaque, exclusionary, and dangerously susceptible ...Published: 20 Jun 2025 at 17:35hrs | 110 | by Staff reporter
ZIDA launches grievance response mechanism
In a landmark move aimed at enhancing Zimbabwe's investment climate, the Zimbabwe Investment and Development Agency (ZIDA) has launched the Investor Grievance Response Mechanism (IGRM) - a formal syst...Published: 17 Jun 2025 at 07:24hrs | 52 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 468 | by Staff reporter
Zimbabwe doesn't need 249 years to fight corruption, Mr. Murwira!
The Zimbabwe government never ceases to amaze.During the recent United States Independence Day commemorations in Harare, the American ambassador to Zimbabwe, Pamela Tremont, described corrupti...Published: 06 Jun 2025 at 08:26hrs | 232 | by Tendai Ruben Mbofana
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | 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 has removed barriers to trade, says Chiwenga
Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...Published: 28 Apr 2025 at 12:14hrs | 202 | by Staff reporter
Ministers woo investment to Matebeleland
Provincial Affairs and Devolution Ministers from Bulawayo, Matebeleland North, and Matebeleland South have urged investors to explore the untapped opportunities in the region, stressing the potential ...Published: 24 Apr 2025 at 07:27hrs | 211 | by Staff reporter
Zimbabwe reserves haulage and logistics industry for citizens
Zimbabwe's Finance Act 2024, published under General Notice I 345A of 2024, has introduced an amendment to the Indigenization and Economic Empowerment Act [Chapter 14:33], designating the Haulage and ...Published: 05 Apr 2025 at 10:40hrs | 8986 | by Staff reporter
'We've porous borders, we need India,' Muchinguri discloses
Zimbabwe's Minister of Defence, Oppah Muchinguri-Kashiri has sensationally disclosed that the country's borders are too porous hence the need for collabor...Published: 23 Mar 2025 at 07:06hrs | 1460 | by Gideon Madzikatidze
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
Journalism is not a crime, but looting national resources surely is!
On Monday, February 24, 2025, Blessed Mhlanga, a senior journalist with Alpha Media Holdings, handed himself over to the Zimbabwe Republic Police at Harare Central Police Station.Hours later, ...Published: 26 Feb 2025 at 22:04hrs | 623 | by Tendai Ruben Mbofana
RBZ dismisses fake news of POSB sale
The Governor of the Reserve Bank of Zimbabwe (RBZ), John Mushayavanhu, has dismissed claims that the People's Own Savings Bank (POSB) is up for sale. This follows reports suggesting that the state-own...Published: 22 Feb 2025 at 09:24hrs | 170 | by Staff reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 496 | by Marilyn Mutize
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
So a president simply needs to declare a 'vision' and he becomes eligible for a term extension!
The attack on Zimbabwe's Constitution continues! Yesterday, I listened with a mixture of astonishment and concern as Daniel Garwe, Zimbabwe's Minister of Local Government and ZANU-PF Mashonala...Published: 26 Jan 2025 at 12:13hrs | 886 | by Tendai Ruben Mbofana
Chinese man arrested for shooting Zimbabwean man in Filabusi
A Chinese national has been arrested for allegedly shooting a 20-year-old Zimbabwean man, Mthandazo Sibanda, in Filabusi on January 22, 2025. The incident reportedly occurred at Binyup 5 Mine, where S...Published: 25 Jan 2025 at 15:42hrs | 678 | 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
China's meddling in Zimbabwe's internal politics unwelcome and against international law
China's actions in Zimbabwe are becoming increasingly disturbing, with its flagrant interference in the country's internal political affairs going beyond what is acceptable under international law. ...Published: 12 Jan 2025 at 23:11hrs | 595 | by Tendai Ruben Mbofana
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
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2179 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 193 | by Staff reporter
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 21 Nov 2024 at 06:30hrs | 309 | by Staff reporter
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 21 Nov 2024 at 06:27hrs | 151 | by Staff reporter
Plundering of Zimbabwe's minerals stalling a just energy transition in fighting climate change
In his address at a High-Level Meeting on Resourcing the Energy Transition with Justice and Equity, held on the sidelines of COP29 in Baku, Azerbaijan, Zimbabwe's President Emmerson Mnangagwa delivere...Published: 14 Nov 2024 at 12:37hrs | 175 | by Tendai Ruben Mbofana
Devaluation fails to halt ZiG free-fall
Zimbabwe's new local currency, the Zimbabwe Gold (ZiG), has taken another hit, losing an additional 11% of its value in under a month following a substantial 43% "devaluation" announced by monetary au...Published: 29 Oct 2024 at 13:49hrs | 4506 | by Staff reporter
Chinese company to set up cement factory in Bulawayo
The Bulawayo City Council has granted approval to Chinese company Labenmon Private Limited to establish a cement grinding facility at Umvumila Industrial Park, located near the United College of Educa...Published: 03 Oct 2024 at 17:36hrs | 988 | by Staff reporter
Zimbabwe bankers warn of price increases
Bankers in Zimbabwe are raising alarms about potential price increases and shortages of basic commodities following the recent devaluation of the Zimbabwe Gold (ZiG) by over 40% by the Reserve Bank of...Published: 03 Oct 2024 at 08:56hrs | 301 | by Staff reporter
Affordable apartment options in Dubai for Zimbabwean Investors
The Dubai real estate market offers a great chance for Zimbabwean investors looking for reasonably priced apartment choices since it continues to grow and thrive. The most recent figures from Bayut's ...Published: 28 Sep 2024 at 20:02hrs | 484 | by Staff Reporter
Mafia Tactics? Chinese family hounded by convicted Italian mafia boss as deportation mystery deepens
In a chilling escalation of legal and criminal misconduct, convicted Italian mafia boss Francesco Marconati has become the focal point of an international...Published: 19 Sep 2024 at 18:37hrs | 1511 | by Staff Reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 485 | by Staff reporter
Chinese investors elbow out local chrome miners
An investigation has revealed that the Zimbabwe Mining and Alloy Smelting Company (Zimasco) has replaced around 150 small-scale chrome miners with Chinese investors, raising concerns about discriminat...Published: 10 Sep 2024 at 07:27hrs | 219 | by Staff reporter
Great Zimbabwe's hidden tunnels, Mutirikwi sunset view to boost tourism
The iconic Great Zimbabwe's hidden monumental tunnels and majestic lake Mutirikwi sunset view have been identified as part of complementary tourism sites ...Published: 09 Sep 2024 at 07:27hrs | 3329 | by Gideon Madzikatidze in Masvingo
Chiwenga to officiate at Investment Forum
The Ministry of Industry and Commerce is preparing to host the Investment Forum next Monday, attracting key stakeholders and policymakers from across Africa. The forum, held in collaboration with the ...Published: 26 Jul 2024 at 06:38hrs | 210 | by Staff reporter
Chinese national filmed torturing Zimbabwean miners
Calls for the immediate arrest of a Chinese national recorded torturing locals in Bindura over alleged diesel theft are increasing. The unnamed Chinese manager at Makanga Mine was filmed tying up Zimb...Published: 16 Jul 2024 at 07:01hrs | 1535 | by Staff reporter
Matebeleland South leadership targets diaspora investors
The Zimbabwean government is gearing up for the Diaspora Investment Conference scheduled for July 4 to 6 in Beitbridge, with a focus on encouraging Zimbabweans abroad to invest in Matebeleland South p...Published: 19 Jun 2024 at 07:38hrs | 5 | by Staff reporter
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 85 | by Tonderai Ndoro
The Engagement and Reengagement policy continues to yield fruits
The Second Republic, led by President E.D. Mnangagwa, continues to build momentum with its engagement and re-engagement policy. Yesterday, President Mnangagwa met with his counterpart, Preside...Published: 04 Jun 2024 at 08:18hrs | 7 | by Tonderai Ndoro
Rejuvenating the Real Estate Market in Matabeleland, Zimbabwe: Strategies for Development and Competitiveness
Chief Real Estate Officer, Integrated Properties Zimbabwe, a nation with a storied history and a vibrant yet tumultuous economy, faces multifaceted chal...Published: 19 May 2024 at 20:58hrs | 52 | by Dr Bekithemba Mpofu
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 51 | by Dr Bekithemba Mpofu
Bulawayo attracts US$135m investment
BULAWAYO has to date attracted investment worth US$135 million in the manufacturing sector, which has seen the creation of more than 33 000 direct jobs, with the Government revealing that the city is ...Published: 19 May 2024 at 10:49hrs | 25 | by Staff reporter
Zimbabwe's very own Emperor Nero is burning down povo's hovels to build palatial villas for filthy rich few
"The closer the collapse of the empire, the crazier its laws" Marcus Tullius Cicero. Well we in Zimbabwe are witness this first hand. Zanu PF introduced the new local currency insisting ...Published: 18 May 2024 at 20:47hrs | 14 | by Wilbert Mukori
Remittances and FDI: Harmonizing Zimbabwe's economic strategies for sustainable growth
Zimbabwe's economy stands at a critical juncture, grappling with deep-seated challenges such as systemic unemployment, volatile currency fluctuations, and an uncertain business climate. Within this pr...Published: 18 May 2024 at 15:27hrs | 24 | by Dr Bekithemba Mpofu
Repowering of Hwange Units 1-6 to boost power generation
THE Government is stepping up the repowering of Hwange Units One to Six as part of efforts to find a lasting solution to the electricity problem in the country and is working on funding modalities as ...Published: 07 Apr 2024 at 10:06hrs | 1 | by Staff reporter
Strategic Analysis of Zimbabwe's Monetary Policy and Its Implications on the Real Estate Sector
Introduction The Reserve Bank of Zimbabwe unveiled a new monetary policy aimed at stabilizing the country's currency and economy. The policy focuses on ...Published: 07 Apr 2024 at 09:17hrs | 11 | by Dr Bekithemba Mpofu
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