Search / Gdp
Zimbabwe govt procures breathalysers to use at roadblocks
The Government of Zimbabwe is taking decisive steps to reduce the rising number of road traffic accidents caused by reckless and impaired driving. This includes the procurement of additional breathaly...Published: 02 Apr 2025 at 18:16hrs | 381 | by Staff reporter
Mutsvangwa leads Zimbabwean entrepreneurs on weeklong China tour
The Minister of Women Affairs, Community, Small and Medium Enterprises Development, Monica Mutsvangwa, is leading a high-profile delegation of Zimbabwean small and medium enterprises (SMEs) on a weekl...Published: 02 Apr 2025 at 08:48hrs | 88 | by Staff reporter
Zimbabwe govt workers moonlight as street vendors
Every morning, Dumisani Ngara* gets up at dawn to catch a 6:30am bus to work at Zimbabwe's Ministry of National Housing and Social Amenities. The government-provided bus is free for civil servants in ...Published: 28 Mar 2025 at 12:41hrs | 1122 | by Staff reporter
South Africa travel agents explore Victoria Falls
Zimbabwe's tourism sector has received a significant boost with the arrival of top South African travel agents in Victoria Falls for a three-day familiarisation tour. The visit, organised by the Zimba...Published: 23 Mar 2025 at 08:08hrs | 226 | by Staff reporter
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 | 414 | by Dr Themba Bulle, ZAPU Deputy Secretary for Health and Welfare
POSB starts selling Belarus tractors
People's Own Savings Bank (POSB), one of the financial institutions selected by the Government to facilitate the resale of Belarus tractors to Zimbabwean farmers, has announced that the equipment is n...Published: 14 Mar 2025 at 17:28hrs | 972 | by Staff reporter
Leadership changes sweep through Zim's corporate landscape
A wave of leadership changes has swept through several listed companies in recent weeks, marking a significant shift in the corporate landscape. Notable companies such as OK Zimbabwe, Econet Wireless,...Published: 11 Mar 2025 at 11:30hrs | 631 | by Tonderai Ndoro
Zimbabwe eyes new steel ventures as Ziscosteel's demise remains unresolved
In a striking display of priorities, government and Zanu-PF officials are extolling new industrial projects while leaving unresolved the fate of Zimbabwe's once-proud steel manufacturer, Ziscosteel. O...Published: 08 Mar 2025 at 14:52hrs | 1971 | by Staff reporter
Indian firm eyes Zimbabwe for lithium refinery and EV manufacturing
Vardhaan Lithium, the company spearheading India's first lithium refinery and battery manufacturing unit, has expressed keen interest in leveraging Zimbabwe's vast mineral resources, with plans for be...Published: 07 Mar 2025 at 06:59hrs | 90 | by Staff reporter
Nedbank reaffirms commitment to Zimbabwe as an investment destination
Nedbank Group has reiterated that Zimbabwe remains an attractive destination for foreign direct investment and pledged continued support for key sectors of the economy to drive growth.Dr. Tere...Published: 07 Mar 2025 at 06:55hrs | 107 | by Staff reporter
More funding woes for Zimbabwe NGOs
Zimbabwe and other African nations are set to face increased pressure on their health, education, and development sectors following major international aid cuts by the United Kingdom (UK) and Netherla...Published: 26 Feb 2025 at 16:20hrs | 8875 | by Staff reporter
Zimbabwe's liberation was the greatest farce of all time
The truth can be a bitter pill to swallow, but it needs to be taken if we are to heal our nation.Zimbabwe's liberation struggle, celebrated as a triumph over colonial oppression when independe...Published: 25 Feb 2025 at 21:11hrs | 1155 | by Tendai Ruben Mbofana
Zimbabwe NGOs beware - UK set to cut international aid
The cut is part of a plan to make Britain spend 2.6% of its GDP on defense starting 2027, the prime minister has saidBritain is to cut its foreign development assistance funding from 0.5% of i...Published: 25 Feb 2025 at 20:05hrs | 876 | by Staff reporter
Zimbabwe's debt unsustainably high
The International Monetary Fund (IMF) has warned that Zimbabwe's debt and external arrears remain unsustainably high, forcing the country to rely on its own resources to fund economic activities....Published: 16 Feb 2025 at 07:42hrs | 406 | by Staff reporter
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 652 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 392 | by Staff reporter
Emmerson Dambudzo Mnangagwa Law School set to open in August
The Midlands State University (MSU)'s Emmerson Dambudzo Mnangagwa Law School in Kwekwe is on track to open its doors in August this year, with construction nearing completion. With over 300 workers on...Published: 05 Feb 2025 at 11:44hrs | 629 | by Staff reporter
What the hack is an 'upper middle-income society', Mr. Mnangagwa?
Let's be careful of trickery. When President Emmerson Mnangagwa began his first five-year term in 2018, he introduced an economic program called "Vision 2030." This vision promised Zim...Published: 27 Jan 2025 at 18:02hrs | 721 | by Tendai Ruben Mbofana
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2084 | by Staff reporter
Zimbabwe's high economic growth rate actually shows a struggling economy
The government of Zimbabwe has consistently paraded the positive economic growth rate experienced over the past few years as a sign of a robust and thriving economy. To bolster its narrative, ...Published: 19 Jan 2025 at 12:23hrs | 436 | by Tendai Ruben Mbofana
Zimbabwe's tourism sector leads GDP growth in 2024
With 2024 drawing to a close, Tourism and Hospitality Industry Minister Barbara Rwodzi has hailed the year as a monumental success for Zimbabwe's tourism sector. Speaking in Victoria Falls, where she ...Published: 31 Dec 2024 at 13:43hrs | 103 | by Staff reporter
Zimbabwe's foreign policy contributes to the economic growth trajectory
Zimbabwe's foreign policy in the past six years has been commended for contributing to the economic growth trajectory under the Second Republic.Upon inception, the Second Republic sought to pl...Published: 26 Dec 2024 at 17:05hrs | 638 | by Staff reporter
CCC, Zanu-PF MPs pass Mthuli Ncube's budget
The 2025 National Budget, designed to drive economic growth, enhance social protection, and build resilience, was passed by Parliament last Thursday after intensive debate that stretched into the earl...Published: 23 Dec 2024 at 05:41hrs | 278 | by Staff reporter
Mr. President, Zimbabwe's detractors are actually in the corridors of power
In his speech marking "National Unity Day," President Emmerson Mnangagwa reiterated an oft-repeated claim that Zimbabwe was under attack from supposed detractors. He declared, "The numerous at...Published: 23 Dec 2024 at 00:54hrs | 293 | by Tendai Ruben Mbofana
Zimbabwe's capital city plunged into darkness
Harare, the Zimbabwean capital city, usually a hub of activity even during late evening hours, was plunged into darkness last night due to a power outage. Even the State House, Zimbabwe House, and the...Published: 17 Dec 2024 at 04:41hrs | 2676 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 368 | by Constantine Chikosi
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 193 | by Staff reporter
Chiwenga urges diamond value-addition to boost Zimbabwe exports
Vice-President Constantino Chiwenga has stressed the importance of value addition in Zimbabwe's diamond industry as a means to maximise export earnings and enhance the sector's contribution to the nat...Published: 13 Dec 2024 at 09:40hrs | 120 | by Staff reporter
Gilbert Muponda withdraws ZIFA bid, endorses Magwizi
Aspiring Zimbabwe Football Association (ZIFA) presidential candidate Gilbert Muponda has announced his withdrawal from the race, endorsing Nqobile Magwizi for the top post.In a statement relea...Published: 10 Dec 2024 at 17:19hrs | 776 | by Staff reporter
4 banks quit in South Africa in 2024
BNP Paribas, HSBC, Sasfin Bank, and Bidvest Bank have all announced massive changes to their South African operations in 2024.French-based BNP Paribas was the first bank of the four to announc...Published: 09 Dec 2024 at 15:19hrs | 782 | by Staff reporter
South Africa running out of money at an alarming rate
Efficient Group chief economist Dawie Roodt has warned that South Africa is heading for a financial crisis due to its growing debt burden.Speaking to State of the Nation's Mark Sham, Roodt sai...Published: 09 Dec 2024 at 15:15hrs | 727 | by Staff reporter
Zimbabwe juggles US$1bn TBs to avert crisis
President Emmerson Mnangagwa's government is restructuring repayment terms for Treasury Bonds (TBs) as it grapples with escalating debt obligations and the looming threat of default. With nearly US$74...Published: 06 Dec 2024 at 18:06hrs | 299 | by Staff reporter
Billionaire Ramaphosa gets a pay rise
Parliament on Tuesday approved a salary increase for President Cyril Ramaphosa despite opposition from his ardent critics, the EFF and MK Party.This after ANC chief whip Mdumiseni Ntuli tabled...Published: 04 Dec 2024 at 07:25hrs | 1291 | by Staff reporter
Ramaphosa's economy shrinks 0.3%
The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the ...Published: 03 Dec 2024 at 15:39hrs | 310 | by Staff reporter
Zanu-PF is the big monster
AS recent as last week, Elon Musk's fortune had swelled to a stupendous and eye-watering US$348 billion, making him probably the richest man on the planet.It is just obscene that one person's ...Published: 01 Dec 2024 at 08:25hrs | 304 | by Bishop Lazarus
2025 Budget: A shallow, hollow, narcissistic and dishonest anti-people ritual
THE 2024 budget statement was presented in backdrop of a tough and challenging year for the working people of Zimbabwe. A year in which the citizen had been abused by extreme levels of inflation, emas...Published: 29 Nov 2024 at 18:47hrs | 735 | by Tendai Biti
CCC MPs strongly reject 'betting, pizza budget'
Opposition legislators have strongly rejected Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube's 2025 national budget, criticizing it for failing to address the country's ...Published: 29 Nov 2024 at 07:13hrs | 461 | by Staff reporter
Climate finance and mismanagement in Zimbabwe: Bridging the gap between promises and accountability
As the world grapples with the escalating climate crisis, financial commitments to support developing nations in climate change mitigation and adaptation have taken center stage in international negot...Published: 24 Nov 2024 at 17:40hrs | 253 | by Tendai Ruben Mbofana
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11712 | by Staff reporter
Let us use sports to come together
Around 1300 hours on November 19, 2024, I fought my way from store to store in order to obtain a football ticket so that I could attend an Afcon match between South Sudan and the home team, Bafana Baf...Published: 21 Nov 2024 at 14:29hrs | 185 | by Leonard Koni
Domestic Tourism festive season campaign launched
Minister of Tourism and Hospitality Industry, Barbara Rwodzi has this Saturday in Mazoe launched Domestic Tourism festive season travel campaign targeting...Published: 17 Nov 2024 at 07:59hrs | 777 | by Gideon Madzikatidze
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 584 | by Tendai Ruben Mbofana
Zimbabwe eyes deeper ties with China through belt and road initiative
Zimbabwe looks forward to deepening its partnership with China under the Belt and Road Initiative (BRI), anticipating extensive collaboration in economic development, said Midlands Minister of State f...Published: 09 Nov 2024 at 17:02hrs | 194 | by Staff reporter
Call for transparency and Stakeholder Consultation on New Cyber and Data Protection Licencing Regulations
The recent implementation of the Cyber and Data Protection Licencing regulations (S.I. 155 of 2024) by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has sparked significa...Published: 08 Nov 2024 at 14:44hrs | 114 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 336 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 849 | by Tendai Ruben Mbofana
Choppies mulls Zimbabwe exit
Botswana-based retailer Choppies Enterprise Limited is contemplating a withdrawal from the Zimbabwean market, citing significant financial pressure stemming from the instability of the newly introduce...Published: 29 Oct 2024 at 07:44hrs | 6767 | by Staff reporter
Zimbabwean industry urged to brace for AfCFTA competition
Zimbabwe's local industry must be ready for competition from across the continent as the African Continental Free Trade Area (AfCFTA) comes into force, Industry and Commerce Minister Mangaliso Ndlovu ...Published: 29 Oct 2024 at 07:22hrs | 130 | by Staff reporter
IMF upgrades Russia to world's fourth-largest economy
The International Monetary Fund (IMF) has ranked Russia as the world's fourth-largest economy based on purchasing power parity (PPP). PPP compares economic produc...Published: 24 Oct 2024 at 16:21hrs | 6328 | by Staff reporter
Call for reparations: A mere excuse by failed African leaders!
As the Commonwealth Heads of Government meeting (CHOGM) kicked off this week in Samoa, the topic of reparations for slavery and colonialism has once again been thrust into the spotlight. Sever...Published: 23 Oct 2024 at 20:31hrs | 280 | by Tendai Ruben Mbofana
Load More Stories