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NMBZ turns to Rabobank for agric financing
NMBZ Holdings Limited, a leading financial services group, has announced a strategic partnership with Rabobank, a Dutch multinational specializing in banking and financial services, to implement an en...Published: 19 Nov 2024 at 08:49hrs | 200 | by Staff reporter
Mutumbuka's landmark case exposes the deep roots of property fraud in Zimbabwe
The problem of title deed fraud is not new to Zimbabwe, but recent cases have brought this pervasive issue into sharp focus. One of the most troubling and high-profile incidents has been the c...Published: 18 Nov 2024 at 19:44hrs | 3249 | by Tendai Ruben Mbofana
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 | 157 | by Tendai Ruben Mbofana
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 98 | by Staff reporter
Livestock farmers bemoan delayed rains
Livestock farmers across Beitbridge district are voicing their concerns over the delayed start of the rainy season, which has disrupted grazing patterns and severely affected the health of their lives...Published: 11 Nov 2024 at 11:35hrs | 527 | by Staff reporter
Power Sales workers fume over salaries
Powersales, a retail clothing chain in Bulawayo, is embroiled in a dispute with its employees after management decided to offset outstanding salaries with sewing machines, leaving workers dissatisfied...Published: 10 Nov 2024 at 10:57hrs | 264 | by Staff reporter
Delta dumps normal supplies route amid Mozambique political turmoil
Despite using the shortest route for its timeous raw material distribution and chain supplies over the years, listed beverages manufacturing giant, Delta Corporation Limited, has announced political s...Published: 07 Nov 2024 at 13:02hrs | 1049 | by Gideon Madzikatidze/Simbarashe Sithole
CIOs get bail in Chinese national extortion case
THREE State security agents attached to the Presidential Guard were yesterday granted US$100 bail in a case they stand accused of extorting and robbing a Chinese national of US$2 800.The suspe...Published: 07 Nov 2024 at 07:09hrs | 245 | by Staff reporter
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 | 237 | by Staff reporter
Retail outlets closes amid ZWG fluctuation
The recent spate of closures among prominent retail outlets in Zimbabwe has prompted Parliament to demand an explanation from Finance Minister Mthuli Ncube. The closures, attributed to the ongoing eco...Published: 05 Nov 2024 at 08:25hrs | 7785 | by Staff reporter
Weak currency key to economic growth, says Mthuli Ncube
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has defended Zimbabwe's weak domestic currency, asserting that it has played a crucial role in fostering economic growth. S...Published: 31 Oct 2024 at 06:52hrs | 646 | by Staff reporter
Britain's former colonies should be thankful for the legacy of empire
Britain's former colonies should be thankful for the legacy of empire, not demanding reparations, according to the Conservative leadership candidate Robert Jenrick.In comments that were descri...Published: 30 Oct 2024 at 09:51hrs | 719 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 105 | by Staff reporter
CIO trio in court on robbery, extortion charges
Three state security agents attached to the Presidential Guard appeared in court yesterday, facing serious allegations of extorting and robbing a Chinese national of US$2,800.The accused, Cham...Published: 29 Oct 2024 at 07:43hrs | 1340 | by Staff reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 239 | by Staff reporter
Mnangagwa claims that Zanu-PF emerged stronger, revitalised
ZANU-PF concluded its 21st Annual National People's Conference this past weekend, leaving with a renewed commitment to steer Zimbabwe toward its Vision 2030 goals. President Emmerson Mnangagwa emphasi...Published: 28 Oct 2024 at 06:59hrs | 178 | by Staff reporter
China opposes coercive measures against developing countries
China on Tuesday represented 28 Global South countries and delivered a joint statement at the United Nations opposing unilateral coercive measures and urging countries imposing them to "immediately an...Published: 25 Oct 2024 at 15:52hrs | 132 | by Staff reporter
Putin calls for the creation of a BRICS grain exchange
Russia's President Vladimir Putin is calling for the creation of a BRICS grain exchange.The Russian leader said this during the second day of the 16th BRICS Summit in Kazan, Russia.The...Published: 25 Oct 2024 at 08:53hrs | 271 | by Staff reporter
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 736 | by Staff reporter
Food security is part of governance: Zinyengerere
Mhondoro-Mubayira ward 27 councillor, Maxwell Zinyengerere has announced that food security complements local governance and therefore leaders should strive to make sure their subjects do not starve....Published: 24 Oct 2024 at 12:14hrs | 129 | by Gideon Madzikatidze
Zimbabwe attracts US$1.2 billion in investments in Q3 of 2024
Zimbabwe attracted investments worth US$1.2 billion during the third quarter of 2024, with 168 new licences issued to investors by the Zimbabwe Investment and Development Agency (ZIDA), according to a...Published: 23 Oct 2024 at 07:45hrs | 115 | by Staff reporter
CSC, Boustead Beef deal sparks court battle
The Cold Storage Company (CSC) has officially terminated its partnership with Boustead Beef, leading to legal action, according to Lands, Agriculture, Fisheries, Water and Rural Development Minister, ...Published: 21 Oct 2024 at 07:42hrs | 235 | by Staff reporter
BRICs payment system being tested
A new digital payments system, BRICS Pay, debuted for live testing at this week's BRICS Business Forum at the International Trade Center in Moscow.During the trial - on 17 and 18 October - for...Published: 19 Oct 2024 at 15:54hrs | 1749 | by Staff reporter
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 541 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3144 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 166 | by Staff reporter
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 186 | by Staff reporter
Mnangagwa, central bank deliver damp squibs
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has come under heavy criticism from leading economists, who say it lacked concrete solutions to arrest the nation's spiraling e...Published: 11 Oct 2024 at 18:33hrs | 1320 | by Staff reporter
Mnangagwa pledges incentives for local beneficiation & value addition
President Emmerson Mnangagwa reaffirmed his government's commitment to enhancing the local beneficiation and value-addition of Zimbabwe's mineral resources during the official opening of Mine Entra at...Published: 11 Oct 2024 at 17:56hrs | 127 | by Staff reporter
WATCH: Zimbabwe cracks down on retailers smuggling flour
The Zimbabwe Republic Police, in collaboration with the Ministry of Agriculture and the Ministry of Industry and Commerce, will launch a series of raids on retailers suspected of smuggling flour into ...Published: 10 Oct 2024 at 18:13hrs | 1225 | by Staff reporter
Mnangagwa arrives in Bulawayo to officially open Mine Entra expo
President Emmerson Mnangagwa has arrived in Bulawayo ahead of the 27th Mine Entra Expo, where he is set to officially open the event tomorrow. The expo, which is expected to provide critical insights ...Published: 09 Oct 2024 at 15:54hrs | 887 | by Staff reporter
Cyber crimes under-reported
Despite tireless efforts made by local, regional and global state and non-state actors to curb cybercrimes, statistics continues to spike because victims shun reporting these cases and therefore suffe...Published: 04 Oct 2024 at 12:14hrs | 291 | by Gideon Madzikatidze
'RBZ's monetary policy not the root cause of ZiG devaluation'
Recent findings by an anonymous economist suggest that the Reserve Bank of Zimbabwe's (RBZ) monetary policy may not be the root cause of the depreciation of the Zimbabwean dollar (Zig). The analysis e...Published: 02 Oct 2024 at 11:36hrs | 1355 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 621 | by Staff reporter
Zimbabwe retailers rejects forced de-dollarisation
Zimbabwean retailers have issued a stark warning to the government regarding the potential consequences of de-dollarising the economy, cautioning that such a move could have catastrophic effects. This...Published: 02 Oct 2024 at 07:55hrs | 728 | by Staff reporter
NUST conducts 10 000 DNA paternity tests
Since acquiring specialised equipment in 2014, the National University of Science and Technology (NUST)'s Applied Genetics Testing Centre (AGTC) has conducted over 10,000 paternity tests, making it a ...Published: 02 Oct 2024 at 07:44hrs | 208 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3363 | by Tendai Ruben Mbofana
An Open Letter to Finance Minister Mthuli Ncube
Dear Finance Minister Mthuli Ncube,As you navigate the complexities of Zimbabwe's economic landscape, a pressing matter deserves your urgent attention: the persistent depreciation of the Zimba...Published: 27 Sep 2024 at 22:51hrs | 841 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe aims to become a key blueberry supplier
Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the bl...Published: 27 Sep 2024 at 08:27hrs | 189 | by Staff reporter
Zimbabwe govt welcomes Uganda Airways
The Zimbabwean government has announced that the introduction of new airlines into the market will significantly reduce air travel times, thereby enhancing access to broader markets. This statement ca...Published: 26 Sep 2024 at 09:59hrs | 172 | 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 | 3493 | 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 | 478 | by Staff reporter
UZ churns out first Education 5.0 graduates
President Mnangagwa, in his capacity as Chancellor of all State universities, presided over a landmark event at the University of Zimbabwe (UZ) yesterday, capping a record 6,778 graduates. This cohort...Published: 14 Sep 2024 at 12:06hrs | 121 | by Staff reporter
Mnangagwa caps 6,778 at UZ graduation
In a landmark event on Friday, the University of Zimbabwe celebrated its first cohort of graduates under the innovative Education 5.0 model, with President Emmerson Mnangagwa, the University's Chancel...Published: 13 Sep 2024 at 17:26hrs | 911 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1041 | by Staff reporter
Asking Hichilema to honour campaign promises is now an offence in Zambia
This is Jason Mwanza (see image attached), a 28-year-old unemployed youth activist in Zambia. He has been in police detention without charge for almost two weeks now. His offence? Conducting a peacefu...Published: 09 Sep 2024 at 17:02hrs | 1622 | by Sishuwa Sishuwa
Zimbabwe govt to process 1 000 title deeds per day
Zimbabwe is set to launch a digital land administration system in November, which will play a crucial role in speeding up the issuance of title deeds under the Presidential Title Deeds Programme. This...Published: 08 Sep 2024 at 09:28hrs | 222 | by Staff reporter
Zimbabwean scientists discover of Alzheimer's, melanoma cancer cure
Zimbabwean scientists on Thursday said they have discovered a cure for Alzheimer's disease, and also announced that they have developed a groundbreaking treatment for melanoma, a skin cancer.P...Published: 06 Sep 2024 at 13:09hrs | 620 | by Staff reporter
Man thrashed in a dispute over a flashlight
A man from Nsuza village in Matabeleland North province has been arrested for allegedly attacking a passerby with a log and stealing his belongings during a dispute over a flashlight.Nortan Nc...Published: 06 Sep 2024 at 07:43hrs | 172 | by Staff reporter
It's a puppet show at townhouse
Zimbabwe is now well and truly a banana republic,nay, it has moved a notch up to become a certified armpit of the world , thanks largely to ZANU PF's authoritarian rule It is abundantly clear ...Published: 29 Aug 2024 at 16:15hrs | 877 | by Wonder Bvungura
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