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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: 24 hrs ago | 340 | by Staff reporter
Old Mutual high school quiz finals kick off
After months of fierce academic competition across zonal and provincial stages, the much-anticipated finals of the Old Mutual High School Quiz have officially begun in Harare. Finalist teams from acro...Published: 10 Jul 2025 at 17:02hrs | 105 | by Staff reporter
Mnangagwa calls for 'new breed of heroes'
President Emmerson Mnangagwa has called on Zimbabweans to emulate national hero Dr Sydney Gata by becoming trailblazers, innovators and nation builders, saying the country is ready for a new generatio...Published: 10 Jul 2025 at 16:41hrs | 160 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 165 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 238 | by Staff reporter
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 | 292 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 124 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 814 | by Staff reporter
Mnangagwa explains why Gata was declared national hero
As questions arise among Zimbabweans about why certain individuals who did not directly participate in the liberation struggle are accorded the status of national heroes, President Emmerson Mnangagwa ...Published: 09 Jul 2025 at 14:57hrs | 1322 | 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 | 154 | 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 | 81 | by Staff reporter
Zimbabwe govt raises alarm over skills gap
The Zimbabwean government has raised alarm over the widening gap between academic qualifications and practical skills in the country, warning that the mismatch is stalling economic growth and leaving ...Published: 08 Jul 2025 at 19:11hrs | 340 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 76 | by Staff reporter
Mobile internet data usage increases throughout Zimbabwe
Zimbabweans consumed a staggering 97.2 billion megabytes of mobile internet data in the final quarter of 2024, marking a significant surge in digital activity across the country, according to the late...Published: 08 Jul 2025 at 09:45hrs | 276 | by Staff reporter
No more free water across Zimbabwe
The Government of Zimbabwe is set to begin the nationwide rollout of prepaid water meters in a landmark move aimed at improving water management, curbing wastage, and enhancing revenue collection. The...Published: 08 Jul 2025 at 09:38hrs | 298 | by Staff reporter
Zimbabweans shine at Southern Africa engineering awards
Top engineering minds from across the Southern African region were celebrated for their excellence and leadership at the Southern Africa Federation of Engineering Organisations (Safeo) General Assembl...Published: 07 Jul 2025 at 15:07hrs | 493 | by Staff reporter
Sanyatwe appoints new SRC Board
The Minister of Sports, Recreation, Arts and Culture, Lieutenant General (Rtd) Anselem Sanyatwe, has appointed a new Sports and Recreation Commission (SRC) board, set to serve a four-year term from Ju...Published: 07 Jul 2025 at 10:54hrs | 647 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 117 | by Staff reporter
New waterfall discovery in Zimbabwe sparks tourism excitement
Chimanimani, long known for its breathtaking natural wonders such as the majestic Bridal Veil Falls, the iconic Chimanimani Mountains, and the serene Hot Springs, has added a new gem to its portfolio ...Published: 06 Jul 2025 at 12:33hrs | 41057 | by Staff reporter
No to vote-buying in PSL elections
The Premier Soccer League (PSL) will on July 25 elect a new chairman to replace Farai Jere, who stepped down earlier this year to pursue the ZIFA presidency. The upcoming election has been widely prai...Published: 06 Jul 2025 at 12:31hrs | 96 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1636 | by Staff reporter
Zimbabwe considering a Congestion Tax?
Harare is facing escalating challenges due to increasing motorisation, which has led to a congested and often polluted central business district (CBD). This congestion is affecting timely access to wo...Published: 05 Jul 2025 at 14:59hrs | 288 | by Staff reporter
Zimbabweans urged to shed negative mindset
Zimbabweans must overcome negative perceptions about their country and embrace the abundant opportunities and resources available to them, Forty Investments chief executive Clemence Kunzekweguta has s...Published: 04 Jul 2025 at 18:15hrs | 448 | by Staff reporter
Zimbabwe govt owes SeedCo US$40m
Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...Published: 04 Jul 2025 at 12:38hrs | 199 | by Staff reporter
Starafrica feels the pinch of sugar tax
Local sugar producer Starafrica Corporation says it is grappling with weak demand for industrial sugar, with the government-imposed sugar tax on beverages negatively affecting some of its key customer...Published: 04 Jul 2025 at 12:33hrs | 93 | by Staff reporter
Dr Malusi Gigaba has completed his PhD
Former finance minister Knowledge Malusi Nkanyeni Gigaba has achieved a significant academic milestone by completing his PhD at the University of Johannesburg (UJ), with his graduation confirmed for 2...Published: 04 Jul 2025 at 10:57hrs | 533 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 141 | by Staff reporter
Zimbabwe's digital connectivity expands
Zimbabwe's Information and Communication Technology (ICT) sector experienced robust growth in the fourth quarter of 2024, with the national ICT index rising by 17.8% to reach 121.1. This significant i...Published: 04 Jul 2025 at 07:51hrs | 159 | by Staff reporter
Zimbabwe sees surge in business visitors
Zimbabwe has recorded a notable resurgence in business travel, with 384,221 business visitors entering the country in 2024 - surpassing pre-pandemic levels and signalling renewed global interest in th...Published: 03 Jul 2025 at 19:15hrs | 295 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4199 | by Staff reporter
Govt re-advertises tender for Old Gwanda Road supervision
The Government of Zimbabwe, through the Ministry of Transport and Infrastructure Development, has re-advertised a tender to engage a consultancy firm to supervise the construction of the Old Gwanda Ro...Published: 03 Jul 2025 at 12:39hrs | 318 | by Staff reporter
Herbert Nkala to step down
OK Zimbabwe Limited (OKZL), the retail giant listed on the Zimbabwe Stock Exchange (ZSE), has announced that its long-serving Board Chairman, Mr Herbert Nkala, will not seek re-election as Director an...Published: 03 Jul 2025 at 12:36hrs | 611 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1055 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 305 | by Staff reporter
TelOne struggles to attract investment
TelOne (Private) Limited is facing significant challenges in securing fresh capital for vital infrastructure expansion projects, as legacy debts inherited from the defunct Posts and Telecommunications...Published: 03 Jul 2025 at 12:29hrs | 124 | by Staff reporter
AfDB flags Zimbabwe's annual financing gap
Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...Published: 03 Jul 2025 at 09:25hrs | 110 | by Staff reporter
Councils told to comply with public procurement regulations
The government has called on local authorities across Zimbabwe to strictly adhere to public procurement regulations to uphold accountability and prevent legal disputes that continue to plague municipa...Published: 03 Jul 2025 at 09:24hrs | 95 | by Staff reporter
Local millers cry foul over foreign takeover of reserved sector
Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators....Published: 03 Jul 2025 at 09:12hrs | 210 | 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 | 163 | by Staff reporter
Zimbabwe Tourism Authority in hunt for new CEO
The Zimbabwe Tourism Authority (ZTA) has officially begun the hunt for a new substantive Chief Executive Officer, a strategic leadership role expected to shape and deliver Zimbabwe's vision of becomin...Published: 02 Jul 2025 at 17:43hrs | 1168 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 229 | by Staff reporter
TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 02 Jul 2025 at 09:37hrs | 198 | by Staff reporter
Stanbic Bank Zimbabwe, MSU unveils scholarship programme
Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...Published: 01 Jul 2025 at 12:44hrs | 232 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 190 | by Brighton Musonza
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 455 | by Staff reporter
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 01 Jul 2025 at 08:20hrs | 129 | 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 | 182 | by Staff reporter
Overcrowding in schools worries Parliament
A joint parliamentary committee has raised serious concerns over widespread overcrowding in Zimbabwe's primary and secondary schools, warning that deteriorating conditions are threatening the quality ...Published: 30 Jun 2025 at 18:35hrs | 392 | by Staff reporter
OK Zimbabwe earmarks 50% of capital raise to clear debts
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...Published: 30 Jun 2025 at 13:12hrs | 174 | by Staff reporter
Bulawayo takes investment campaign to Harare
The Bulawayo City Council (BCC) is set to host a high-level investment conference in Harare next month as part of renewed efforts to drive economic revitalisation in Zimbabwe's second-largest city. Th...Published: 30 Jun 2025 at 13:11hrs | 2280 | by Staff reporter
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