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Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 610 | by Staff reporter
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 392 | by Staff reporter
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 60 | by Staff reporter
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 81 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 61 | by Staff reporter
Hwange Power Station output increases as repairs near completion
Zimbabwe's largest coal-fired power plant, the Hwange Thermal Power Station, is steadily recovering operations after a technical fault earlier this month disrupted power production on several units....Published: 15 May 2025 at 14:41hrs | 198 | by Staff reporter
Ex-ZIPRA veterans, widows, and children demand return of seized properties
Former Zimbabwe People's Revolutionary Army (ZIPRA) combatants, alongside widows and children of fallen fighters, have spent three cold nights camping on a piece of land in Chinhoyi, Mashonaland West,...Published: 15 May 2025 at 09:46hrs | 595 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 94 | by Staff reporter
Blessed Mhlanga trial stalls
The trial of Alpha Media Holdings (AMH) journalist Blessed Mhlanga and Heart & Soul TV (HStv) failed to kick off at the Harare Magistrates Court yesterday after the State made a last-minute bid to...Published: 15 May 2025 at 09:15hrs | 144 | by Staff reporter
Mbare Musika model to go national
The government has announced plans to replicate the modern Mbare Musika Traders Market model across Zimbabwe's 10 provinces as part of a nationwide initiative to provide safer and more dignified vendi...Published: 14 May 2025 at 08:49hrs | 569 | by Staff reporter
ZSE granted self-listing approval
The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Pro...Published: 12 May 2025 at 18:12hrs | 86 | by Staff reporter
AMH employees receive zero earnings after salary cuts and forced leave
Some employees at Alpha Media Holdings (AMH), one of Zimbabwe's leading private media companies, have received zero net earnings in the Zimbabwe Gold (ZiG) component of their salaries for two consecut...Published: 11 May 2025 at 19:47hrs | 662 | by Ndou Paul
Final phase of Harare-Beitbridge highway resume
Construction works on the outstanding sections of the Harare-Beitbridge Highway have resumed in earnest, with contractors now on-site to complete the final 88 kilometres of the 580-kilometre flagship ...Published: 11 May 2025 at 13:21hrs | 4778 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 502 | by Staff reporter
CBZ Holdings partners ZOC
One of Zimbabwe's leading financial institutions, CBZ Holdings, has entered into a strategic partnership with the Zimbabwe Olympic Committee (ZOC) in a bold move aimed at improving the country's prepa...Published: 09 May 2025 at 11:04hrs | 73 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2311 | by Roland Mpofu I iol
Ex-farm manager up for stealing 100 cattle, 38 Boer goats
Police have arrested a former farm manager in connection with the suspected theft of 100 cattle and 38 Boer goats from a farm in Mvurwi, in a case that has shocked the local agricultural community....Published: 07 May 2025 at 15:49hrs | 557 | by Staff reporter
Chivayo, Bushiri cases dominate Anti-Corruption Conference
The high-profile cases of fugitive Malawian preacher Shepherd Bushiri and controversial Zimbabwean businessman Wicknell Chivayo have taken centre stage at the 15th Commonwealth Regional Conference for...Published: 07 May 2025 at 15:47hrs | 1877 | by Staff reporter
Muchenje takes the reins at Schweppes
Schweppes Holdings Africa Limited has announced the appointment of seasoned beverages executive, Mr Stanley Muchenje, as its new Managing Director, effective 1 May 2025.Muchenje takes over fro...Published: 07 May 2025 at 13:25hrs | 290 | by Staff reporter
Zesa expects normal service at Hwange on Friday
ZESA Holdings has announced that normal electricity supplies from Hwange Power Station are expected to resume by Friday, May 9, following an emergency outage caused by tube leaks that crippled all uni...Published: 07 May 2025 at 09:36hrs | 238 | by Staff reporter
Blessed Mhlanga granted $500 bail after prolonged detention
High Court judge Justice Gibson Mandaza has granted bail to Alpha Media Holdings journalist Blessed Mhlanga, ending a weeks-long detention that had drawn widespread criticism from press freedom advoca...Published: 06 May 2025 at 15:02hrs | 1448 | by Staff reporter
Zimbabwe war vets launch impeachment drive
A major political storm is sweeping through Zimbabwe's corridors of power as a group of war veterans led by outspoken activist Blessed Geza has initiated an impeachment campaign targeting senior gover...Published: 06 May 2025 at 12:15hrs | 4526 | by Staff reporter
CBZ supports Highlanders
Some of Highlanders' Problems Being Addressed, Thanks to CBZ Holdings PartnershipSome of the challenges facing Highlanders Football Club are now being resolved, with CBZ Holdings stepping in t...Published: 05 May 2025 at 15:55hrs | 190 | by Staff reporter
Geza vows to block Tagwirei's alleged presidential ambitions
Outspoken war veteran Blessed Geza has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, vowing to stop the politically connected tycoon from allegedly plotting to ascend to...Published: 30 Apr 2025 at 18:39hrs | 2301 | by Staff reporter
State to charge Heart and Soul TV alongside Blessed Mhlanga
In a dramatic twist, the State has announced plans to charge Heart and Soul TV (HSTV), a subsidiary of Alpha Media Holdings (AMH), alongside jailed journalist Blessed Mhlanga for allegedly publishing ...Published: 30 Apr 2025 at 18:39hrs | 464 | by Staff reporter
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 164 | 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 | 453 | by Staff reporter
Mnangagwa, Chivayo raise eyebrows again
Corruption-accused businessman Wicknell Chivayo, who has long been a subject of public scrutiny, was a conspicuous presence during President Emmerson Mnangagwa's recent visit to Bulawayo for the Zimba...Published: 28 Apr 2025 at 12:47hrs | 6956 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 20 | by Staff reporter
Jonny Oates demanded stern action against Mnangagwa's govt
The plight of incarcerated Zimbabwean journalist Blessed Mhlanga sparked fiery debate in Britain's House of Lords on Thursday, as Liberal Democrats peer Lord Jonny Oates demanded stern action against ...Published: 25 Apr 2025 at 14:09hrs | 651 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 90 | by Staff Reporter
Supreme Court dismisses Zesa vandals' lengthy jail term appeal
Two brothers from the Midlands Province have been sentenced to a combined 93 years in prison after being convicted of vandalising ZESA Holdings infrastructure and stealing over 11,000 litres of transf...Published: 25 Apr 2025 at 07:22hrs | 132 | by Staff reporter
Chiwenga urges industry to partner universities
Vice-President Constantino Chiwenga yesterday called on Zimbabwe's industry and commerce sectors to strengthen their collaboration with universities and research institutions to drive innovation and f...Published: 24 Apr 2025 at 07:35hrs | 652 | by Staff reporter
Blessed Mhlanga to spend more days in remand
The case against Alpha Media Holdings (AMH) journalist Blessed Mhlanga, who is facing charges related to transmitting messages allegedly intended to incite public violence, has been postponed to April...Published: 23 Apr 2025 at 08:30hrs | 192 | by Staff reporter
Zimbabwe's steel revolution begins
Zimbabwe has taken a major step toward economic transformation and self-sufficiency with the launch of full-scale finished steel production at the Dinson Iron and Steel Company (Disco) plant in Manhiz...Published: 17 Apr 2025 at 07:29hrs | 7204 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 137 | by Staff reporter
Busisa Moyo inducted into Zimbabwe business hall of fame
Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...Published: 16 Apr 2025 at 23:16hrs | 199 | by Staff reporter
Zimbabwe steel production cuts import reliance
A monumental step forward for Zimbabwe's import substitution strategy has been achieved with the commencement of extensive finished steel production at the Dinson Iron and Steel Company (Disco) plant ...Published: 15 Apr 2025 at 08:43hrs | 1041 | by Staff reporter
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4110 | by Staff reporter
The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves
Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque s...Published: 13 Apr 2025 at 11:11hrs | 740 | by Tendai Ruben Mbofana
Blessed Mhlanga sues Justice and Information ministers
Alpha Media Holdings (AMH) journalist Blessed Mhlanga has taken legal action against the Minister of Justice, the Minister of Information, and the Attorney General (AG), challenging the constitutional...Published: 13 Apr 2025 at 09:49hrs | 2724 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 633 | by Staff reporter
Blessed Mhlanga takes freedom bid to the Constitutional Court
Alpha Media Holdings (AMH) journalist Blessed Mhlanga, who has been detained for over a month, has filed papers seeking the Constitutional Court's intervention to challenge the law under which he was ...Published: 12 Apr 2025 at 13:08hrs | 94 | by Staff reporter
Blessed Mhlanga denied bail for the third time
Alpha Media Holdings (AMH) journalist Blessed Mhlanga has been denied bail for the third time, with a Harare magistrate ruling that there were no new circumstances to justify his release from custody....Published: 07 Apr 2025 at 20:40hrs | 746 | by Staff reporter
SA election supply firm paid Chivayo R800 million
Zimbabwe's Ministry of Finance paid more than R1.1 billion to a South African company contracted to supply materials for the country's 2023 general elections - and over R800 million of tha...Published: 07 Apr 2025 at 20:40hrs | 1992 | by Staff reporter
Crisis continue to rock AMH
The financial troubled major private media company- Alpha Media Holdings in Zimbabwe is riling into continuous crisis as the management has since last mon...Published: 06 Apr 2025 at 22:48hrs | 2211 | by Staff Reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | by Staff reporter
Fatal shooting a Chinese owned mine sparks violent protests in Zimbabwe
A fatal shooting in the gold-rich Premier area, just outside Mutare, occurred yesterday morning, resulting in the death of an artisanal miner at the hands of a security guard. The tragic incident has ...Published: 04 Apr 2025 at 10:45hrs | 2877 | by Sgtaff reporter
Blessed Mhlanga seeks bail after High Court denial
Senior journalist Blessed Mhlanga, who has been in remand prison since his arrest on February 24, is back at the Harare Magistrates Court seeking bail after the High Court recently denied his applicat...Published: 04 Apr 2025 at 08:27hrs | 232 | by Staff reporter
Zimbabwe central bank rubbishes reports on cash deposit box seizures
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims that it is targeting businesses and individuals holding cash in deposit boxes, following an article published in The Herald on April 2, 2025. Th...Published: 02 Apr 2025 at 18:53hrs | 2423 | by Staff reporter
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