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Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 304 | by Staff reporter
Zimbabwe revises GDP upwards to US$44.4 billion
Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimat...Published: 09 Jul 2025 at 07:52hrs | 155 | by Staff reporter
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 82 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 164 | by Staff reporter
Failure to invest in youth sexual health could cost Zimbabwe $3.6bn
A new report by UNAIDS reveals that Zimbabwe stands to save billions of dollars by investing in sexual and reproductive health and rights (SRHR) services targeted at young people. The study, titled Th...Published: 30 Jun 2025 at 18:36hrs | 189 | by Staff reporter
Extended tobacco stalk destruction date expires
The grace period granted to tobacco farmers to clear their fields of tobacco stalks and roots ended on June 5, and the Government has now intensified monitoring efforts to enforce compliance, with def...Published: 09 Jun 2025 at 08:40hrs | 124 | by Staff reporter
Zimbabwe Chamber of Mines optimistic about 100 tonnes gold target
The Chamber of Mines Zimbabwe (CoMZ) has expressed confidence that the country can meet the Government's ambitious annual gold production target of 100 tonnes, despite the current national target stan...Published: 05 Jun 2025 at 10:03hrs | 125 | by Staff reporter
Bulawayo open to PPPs in upgrading sporting facilities
The City of Bulawayo has expressed its willingness to embrace Public Private Partnerships (PPPs) in a bid to upgrade its sporting infrastructure, with officials saying such collaborations could enhanc...Published: 21 May 2025 at 08:53hrs | 85 | 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 | 193 | by Staff reporter
Lupane methane gas project set to begin operations in Q2 2025
The Lupane Methane Gas (LMG) Project is expected to commence operations in the second quarter of 2025, according to the project's executive chairperson, Thabani Hove.Hove revealed that the pro...Published: 29 Apr 2025 at 07:12hrs | 462 | by Staff reporter
Chiwenga meets Iranian President
Vice President Dr. Constantino Chiwenga today held productive discussions with Iranian President Mosoud Pezeshkian on enhancing bilateral relations between Zimbabwe and Iran. The meeting took place on...Published: 28 Apr 2025 at 12:34hrs | 217 | by Staff reporter
Minister lauds Bulawayo for supporting successful ZITF showcase
Bulawayo Provincial Affairs and Devolution Minister, Judith Ncube, has praised the residents of the city for their outstanding support during the 65th edition of the Zimbabwe International Trade Fair ...Published: 28 Apr 2025 at 12:24hrs | 74 | by Staff reporter
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 22 Apr 2025 at 07:37hrs | 1362 | by Staff reporter
New policy to cut Zimbabwe's energy intensity
The Government of Zimbabwe has launched the National Energy Efficiency Policy, a new initiative aimed at reducing the country's energy intensity to meet global standards. The policy, introduced last w...Published: 16 Apr 2025 at 23:21hrs | 112 | by Staff reporter
Mnangagwa opens Mbare market
President Emmerson Mnangagwa has officially launched Phase 1 of the Mbare Musika Traders Market, a state-of-the-art facility aimed at providing a modern and conducive environment for Small to Medium E...Published: 12 Apr 2025 at 12:54hrs | 152 | by Staff reporter
Zimbabwe's tourism sector records growth
Zimbabwe's tourism sector continues to be a key driver of economic growth, with the country recording approximately 1.5 million arrivals in the first quarter of the year. Of these, 70 percent were ret...Published: 03 Apr 2025 at 08:10hrs | 114 | by Staff reported
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 | 413 | 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 | 90 | 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 | 1127 | 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 | 228 | by Staff reporter
Zimbabwe ranked the world's 5th unhappiest country in the world
Zimbabwe has been ranked in position 143 out of 147 nations according to the latest World Happiness Report.The World Happiness Report revealed the official ranking of the happiest to least cou...Published: 20 Mar 2025 at 18:20hrs | 1466 | by Staff reporter
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 | 979 | 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 | 652 | by Tonderai Ndoro
Mnangagwa to launch US$3.6 billion energy industrial park in Beitbridge
President Mnangagwa is expected in Beitbridge today for the ground-breaking ceremony of the Palm River Energy and Metallurgical Special Economic Zone (SEZ), a collaborative project between the Governm...Published: 24 Feb 2025 at 08:48hrs | 459 | 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 | 656 | by Staff reporter
Is Zimbabwe strictly enforcing anti-smuggling campaign in 1 region?
Presidential Affairs and Devolution Permanent Secretary, Engineer Tafadzwa Muguti, has applauded Bulawayo Metropolitan Province for spearheading the most effective anti-smuggling campaign in the count...Published: 24 Jan 2025 at 17:39hrs | 591 | by Staff reporter
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 | 2088 | 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 | 437 | 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 | 112 | by Staff reporter
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3083 | 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 | 374 | 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 | 197 | 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 | 778 | 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
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 | 307 | by Bishop Lazarus
Mthuli Ncube sees 2025 growth rebound after this year's drought
Zimbabwe has projected economic growth to accelerate to 6 percent in 2025 from 2 percent this year, helped by improved agricultural output and power generation as the country recovers from a severe dr...Published: 28 Nov 2024 at 16:32hrs | 193 | by Staff reporter
Zimbabwe charts ambitious return to global finance at debt conference
Zimbabwe's president hosted creditors and finance executives on Monday to discuss ambitious goals to clear debt arrears and restructure $12.7 billion in external debt, as the country aims to eventuall...Published: 26 Nov 2024 at 08:22hrs | 214 | by Staff reporter
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 | 789 | by Gideon Madzikatidze
Zimbabwe govt posts ZiG3,4bn budget deficit
GOVERNMENT has reported a ZiG3,4 billion budget deficit for the first nine months of the year owing to inflationary pressures and growing expenditure.Finance, Economic Development and Investme...Published: 07 Nov 2024 at 07:13hrs | 271 | 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 | 6339 | by Staff reporter
Mthuli Ncube's Ministry fails to provide Zimbabwe's basic economic data
Officials from Zimbabwe's Ministry of Finance faced sharp criticism on Monday during a Parliamentary Portfolio Committee on Budget and Finance meeting after arriving unprepared for the 2025 budget con...Published: 23 Oct 2024 at 15:58hrs | 269 | by Staff reporter
Zimbabwe will not regret taking back land!
ON January 1, 1994, a group of indigenous Mexicans took up arms against their government in what became known as "the struggle of the Zapatistas".While the idea of an armed insurgency was quic...Published: 20 Oct 2024 at 12:19hrs | 87 | by Gibson Nyikadzino
Zimbabwe paying Ian Smith regime debt used for fighting liberators
Zimbabwe has been burdened with a staggering $700 million debt incurred during the Ian Smith regime, primarily used for purchasing weapons to suppress liberation efforts, according to researcher and A...Published: 18 Oct 2024 at 10:25hrs | 923 | by Staff reporter
Zimbabwe govt keeps civil servants' salaries at 12% of GDP
The Zimbabwean government has announced that it will maintain civil servants' salaries at 12% of the gross domestic product (GDP), using GDP growth as the benchmark for future salary improvements. Thi...Published: 18 Oct 2024 at 08:52hrs | 2730 | by Staff reporter
Taxes, fees to be paid in ZiG
The Zimbabwean Treasury is set to implement new measures requiring most taxes and fees to be paid exclusively in the Zimbabwe Gold (ZiG) currency, a move aimed at increasing demand and stabilizing its...Published: 17 Oct 2024 at 09:05hrs | 2526 | by Staff reporter
It's time African leaders were barred from foreign medical care!
So, the people of Cameroon have no idea where their president is. Paul Biya, who is now the oldest head of state in the world, at 91 years old, has not been seen in public for the past three m...Published: 09 Oct 2024 at 10:51hrs | 1115 | by Tendai Ruben Mbofana
'Mnangagwa's milestones shake Zimbabwe's political landscape'
President Emmerson Mnangagwa's transformative economic strategies and significant achievements have caused disarray within the opposition, pushing them toward early political retirement, according to ...Published: 30 Sep 2024 at 07:29hrs | 898 | by Staff reporter
Zimbabwe's Mutapa Fund clinches US$350m power deal
The Mutapa Investment Fund (MIF) has approved a significant joint venture valued at US$350 million between Indian firm Jindal Africa Investments and Zesa to refurbish six units at Hwange Thermal Power...Published: 29 Sep 2024 at 14:25hrs | 3279 | by Staff reporter
Currency crisis piles more misery on fragile Zimbabwe economy
Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy....Published: 20 Sep 2024 at 13:12hrs | 3500 | by Staff reporter
Zimbabwe struggles to capitalize on EU trade opportunities
Zimbabwe has yet to fully exploit significant export opportunities within the European Union (EU) under a duty-free agreement, despite the EU's vast market, which boasts a US$19 trillion gross domesti...Published: 20 Sep 2024 at 09:37hrs | 356 | by Staff reporter
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