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Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 16 hrs ago | 401 | 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: 16 hrs ago | 335 | by Staff reporter
Zimbabwe misses €150 billion conditional funding from EU
Europe and Africa's strategic partnership has entered an exciting new phase, with both continents reaffirming their commitment to deepen economic cooperation and promote global peace. However, Zimbabw...Published: 16 hrs ago | 217 | by Staff reporter
Zimbabwe govt suppliers plot Treasury showdown at funeral parlour
In an extraordinary show of desperation, Zimbabwean government contractors used the funeral wake of one of their own last Thursday to plot emergency engagements with Treasury officials, warning that u...Published: 16 hrs ago | 387 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 16 hrs ago | 64 | by Staff reporter
Mnangagwa challenges NatFoods to raise exports
President Emmerson Mnangagwa has challenged National Foods Holdings Limited to intensify its regional export efforts following the commissioning of the company's new production lines for pasta, biscui...Published: 18 hrs ago | 166 | by Staff reporter
Illegal miners face deportation from South Africa
South Africa has arrested over 400 illegal miners, including Zimbabweans and other foreign nationals, during a large-scale operation targeting illicit artisanal mining activities across the country. T...Published: 19 hrs ago | 142 | 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: 19 hrs ago | 103 | by Staff reporter
Zimbabwe prophets, prophetesses told to get some education
Archbishop Andby Makururu, the leader of the Johanne The Fifth of Africa Church, has called on prophets and other spiritual leaders to attain a minimum level of education if they are to effectively le...Published: 29 May 2025 at 13:23hrs | 355 | by Staff reporter
Mnangagwa warns media against misinformation
President Emmerson Mnangagwa yesterday issued a stern warning to media practitioners against disseminating harmful information that tarnishes Zimbabwe's image, particularly in the eyes of global inves...Published: 29 May 2025 at 12:21hrs | 221 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 178 | by Staff reporter
Zimbabwe's weighted inflation rate hits 0% in May
Zimbabwe's monthly weighted average inflation rate fell to 0 percent in May 2025, marking a significant step toward economic stability and price predictability across both local and foreign currency m...Published: 29 May 2025 at 10:12hrs | 102 | by Staff reporter
Speech by Mnangagwa ta the launch of the Zimbabwe Media Policy
Director of Ceremonies; Vice President, Hon. Gen. (Rtd) Dr. C. G. D. N. Chiwenga; Vice President, Hon. Col. (Rtd) K. C. D. Mohadi; National Chairman of ZANU PF and Minister of Defence, Hon. O. C. Z. M...Published: 28 May 2025 at 13:13hrs | 448 | by Emmerson Dambudzo Mnangagwa
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 | 413 | by `
Tsotsi star Presley Chweneyagae dies at 40
Presley Chweneyagae, the acclaimed South African actor best known for his leading role in the Oscar-winning film Tsotsi, has died at the age of 40, his manager Nina Morris Lee confirmed in a statement...Published: 28 May 2025 at 10:46hrs | 228 | 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
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 | 599 | 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 makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 222 | by Staff reporter
Zimbabwe mining sector job carnage only a tip of the iceberg
Zimbabwe's mining sector recorded a staggering loss of 1,216 jobs in 2024 - a 314% increase from the previous year - according to a recent report by the Chamber of Mines of Zim...Published: 26 May 2025 at 08:20hrs | 135 | 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 | 45 | 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 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 | 51 | by Staff reporter
UK rape culture forces govt to roll out chemical castration
The British government has announced plans to roll out the use of medication to suppress the sex drive of certain sex offenders, as part of a broader package of reforms aimed at reducing reoffending a...Published: 26 May 2025 at 07:57hrs | 98 | by Staff reporter
Why were Zimbabweans left behind 45 years after independence, in the first place?
There's always something telling - yet deeply disturbing - about the mantras repeated by the Zimbabwean government.Yesterday, I watched a report on the state-controlled broadcaster in which th...Published: 24 May 2025 at 23:30hrs | 1357 | by Tendai Ruben Mbofana
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 | 386 | by Jacob Kudzayi Mutisi
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 | 153 | by Leonard Koni
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 847 | by Staff reporter
Zimra tax audit blitz alarms Zimbabwe business
The Zimbabwe National Chamber of Commerce (ZNCC) has raised concerns over the Zimbabwe Revenue Authority's (Zimra) intensified audit regime, warning that aggressive tax enforcement is placing undue co...Published: 24 May 2025 at 10:59hrs | 231 | 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'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 | 62 | 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
Zimbabwe excluded from €500 million EU aid package
Zimbabwe has been excluded from a new €500 million aid package from the European Union (EU) to Africa, following the recent enactment of the controversial Private Voluntary Organisation (PVO) Amendm...Published: 22 May 2025 at 11:28hrs | 367 | by Staff reporter
Sanyatwe breathes fresh air into Sports ministry
A video that went viral last week shows newly appointed Sports Minister Anselem Sanyatwe actively confronting contractors over delays in the renovation of the National Sports Stadium. In the footage, ...Published: 22 May 2025 at 09:42hrs | 436 | 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
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 350 | by Agencies
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 370 | by Staff reporter
'Zimbabwe, EU ties to top US$1bn'
Trade and investment ties between Zimbabwe and the European Union (EU) are expected to exceed US$1 billion in the coming years, as both parties strengthen economic collaboration, EU Ambassador to Zimb...Published: 21 May 2025 at 19:54hrs | 264 | by Staff reporter
Zimbabwe denies blocking nurses from leaving country
Zimbabwe's Minister of Health and Child Care, Dr. Douglas Mombeshora, has dismissed reports alleging that the Government is deliberately withholding certificates of good standing (CGS) to prevent over...Published: 21 May 2025 at 15:43hrs | 478 | 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 | 106 | by Staff reporter
Malema's EFF slams Johann Rupert's state capture project
The Economic Freedom Fighters (EFF) has come out strongly against the inclusion of billionaire businessman Johann Rupert in a South African delegation set to meet former United States President Donald...Published: 21 May 2025 at 12:37hrs | 478 | by Staff reporter
Rwandan refugees in Zimbabwe accused of fuelling anti-Kagame agenda
Zimbabwe is harbouring a covert network of Rwandan refugees opposed to President Paul Kagame's government who are accused of engaging in clandestine operations aimed at sabotaging diplomatic ties betw...Published: 21 May 2025 at 11:16hrs | 559 | by Staff reporter
Chinese firm ordered to demolish wall built on Railway tracks
A Chinese-owned company that recently acquired land along Tilbury Road in Harare has been forced to tear down part of a perimeter wall it erected across disused railway tracks after city officials dec...Published: 21 May 2025 at 11:14hrs | 343 | by Staff reporter
ZPRA veterans align property reclamation drive with Vision 2030 goals
Former Zimbabwe People's Revolutionary Army (ZPRA) combatants have emphasised that reclaiming properties acquired during the liberation struggle is more than just restitution - it is a strategic effor...Published: 20 May 2025 at 09:53hrs | 113 | by Staff reporter
Econet to hike bundle prices on Wednesday
Leading telecommunications provider Econet Wireless Zimbabwe has announced a scheduled revision of its Voice, Data and SMS bundle prices, set to take effect on Wednesday, 21 May 2025.In a publ...Published: 20 May 2025 at 09:51hrs | 317 | by Staff reporter
Chiwenga in Italy to represent Mnangagwa
Vice President Dr Constantino Chiwenga has arrived in Italy to attend the inaugural mass of Pope Leo XIV, who recently assumed leadership of the Catholic Church following the passing of Pope Francis....Published: 19 May 2025 at 09:33hrs | 739 | 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
Donor-dependent lawyers take Zimbabwe govt to court over PVO Act
The Zimbabwe Lawyers for Human Rights (ZLHR) has filed a landmark application at the High Court, seeking to have several provisions of the amended Private Voluntary Organisations (PVO) Act declared un...Published: 18 May 2025 at 15:17hrs | 737 | by Staff reporter
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 270 | by Staff reporter
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