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Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 2 hrs ago | 61 | by Staff reporter
Zimbabwe wins USA US$50m lawsuit
THE District of Columbia (DC) Circuit on Tuesday overturned a ruling ordering Zimbabwe to face litigation to enforce an 11-yearold US$50 million arbitral award stemming from an ill-fated mining deal, ...Published: 14 hrs ago | 801 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 651 | by Staff reporter
Gwanda, St Luke's hospitals still lack capacity to handle mental patients
A recent parliamentary investigation into youth empowerment, development, vocational training, and the state of drug and substance abuse treatment in Zimbabwe has exposed a severe shortage of rehabili...Published: 13 Jul 2025 at 11:42hrs | 109 | by Staff reporter
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: 11 Jul 2025 at 09:15hrs | 514 | by Staff reporter
AMH editor-in-chief appears in court
The editor-in-chief of Alpha Media Holdings (AMH), Kholwani Nyathi, appeared in court on Thursday representing the media company as it faces charges of undermining the authority of President Emmerson ...Published: 10 Jul 2025 at 20:39hrs | 571 | 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 | 247 | 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 | 126 | by Staff reporter
Trevor Ncube's AMH charged for 'insulting' Mnangagwa
A week after the arrest of Zimbabwe Independent editor Faith Zaba, the Zimbabwean government has escalated its legal crackdown on independent media by charging the newspaper's parent company, Alpha Me...Published: 09 Jul 2025 at 19:15hrs | 1049 | by Staff reporter
Zimbabwe govt to set up oxygen plant in Lupane
The Government is setting up a medical oxygen production plant in Lupane, Matabeleland North Province, as part of a broader national strategy to boost self-sufficiency in critical healthcare supplies....Published: 09 Jul 2025 at 07:56hrs | 146 | by Staff reporter
How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 560 | by Harrison Brooks
AMH Crisis Rages On: Journalists humiliated as marketing and distribution staff treated better
The crisis at Zimbabwe's leading privately owned media house, Alpha Media Holdings (AMH), continues to deepen, with journalists bearing the brunt of the company's financial turmoil.Only editor...Published: 08 Jul 2025 at 14:04hrs | 447 | by Staff Reporter
Tagwirei unveils a wave of philanthropic gestures
Business tycoon Kudakwashe Tagwirei made a dramatic return to the political spotlight over the weekend in Epworth, just days after ZANU PF postponed a decision on his admission to the party's Central ...Published: 08 Jul 2025 at 12:19hrs | 1302 | by Staff reporter
Gata declared national hero
ZESA Holdings executive chairperson, Dr Sydney Gata, who passed away last Thursday in Harare after a short illness, has been declared a national hero and will be buried at the National Heroes Acre on ...Published: 05 Jul 2025 at 17:50hrs | 1296 | by Staff reporter
Mucheke main bridge now 58% complete
The much-anticipated construction of the Mucheke main bridge in Masvingo is advancing steadily, with authorities confirming that the project is now 58 percent complete and expected to be finished by t...Published: 05 Jul 2025 at 15:00hrs | 184 | by Staff reporter
Gono exposes former employees
Former Reserve Bank of Zimbabwe (RBZ) governor Gideon Gono has laid bare explosive allegations against his former employees Clark and Beverly Makoni, accusing the couple of fraudulently taking control...Published: 05 Jul 2025 at 14:53hrs | 178 | by Staff reporter
Here's who won Zimbabwe govt's biggest road tenders
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? Fossil...Published: 04 Jul 2025 at 14:30hrs | 27262 | by Staff reporter
ZB major shareholder blocks Ernst & Young appointment
ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...Published: 04 Jul 2025 at 12:53hrs | 516 | by Staff reporter
Ousted NSSA boss tags Mnangagwa in letter blasting ministerial move
Emmanuel Fundira, the recently dismissed chairperson of the National Social Security Authority (Nssa), has mounted a bold legal challenge against his abrupt termination, casting a spotlight on governa...Published: 04 Jul 2025 at 12:29hrs | 456 | 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 | 142 | by Staff reporter
Tagwirei awaits Central Committee ratification
The recent nominations of new members to the Zanu PF Central Committee, including prominent businessman Kudakwashe Tagwirei, await formal ratification at the ruling party's next Central Committee meet...Published: 04 Jul 2025 at 07:52hrs | 1061 | by Staff reporter
Magunje cement project accused of rights abuses, displacements
The Centre for Natural Resource Governance (CNRG) has issued a scathing report accusing developers of the US$1 billion Magunje cement and mining project of widespread human rights abuses, forced displ...Published: 04 Jul 2025 at 07:50hrs | 202 | by Staff reporter
Zimbabwe hit by nationwide power outage
Zimbabwe experienced a nationwide power outage on Thursday afternoon after a major system disturbance knocked out power generation at Kariba and Hwange power stations, the country's main electricity s...Published: 03 Jul 2025 at 16:41hrs | 1546 | by Staff reporter
Faith Zaba spends third night in detention
Zimbabwe Independent editor Faith Zaba will spend her third night behind bars after a power outage at the Harare Magistrates Court on Thursday delayed the delivery of a crucial bail ruling.Mag...Published: 03 Jul 2025 at 16:19hrs | 284 | by Staff reporter
Tagwirei dishes out over 300 vehicles to Zanu-PF central committee members
Zanu-PF benefactor and Sakunda Holdings boss Kudakwashe Tagwirei was allowed into the party's politburo on Wednesday to make a presentation on "resource mobilisation."Tagwirei, rumoured to be ...Published: 03 Jul 2025 at 11:35hrs | 1065 | by Staff reporter
Chinese miner in Zimbabwe grave rights abuses storm
The Centre for Natural Resource Governance (CNRG) has called on the Zimbabwean government to urgently intervene and halt alleged human rights abuses being committed by a Chinese-linked mining company ...Published: 03 Jul 2025 at 09:14hrs | 332 | 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
Faith Zaba arrested over satirical article attacking Mnangagwa
Faith Zaba, the editor of the Zimbabwe Independent, was arrested on Tuesday in connection with a satirical article published in the weekly newspaper, reigniting deep concerns over the state of press f...Published: 01 Jul 2025 at 20:39hrs | 1721 | by Staff reporter
Legislating patriotism will never silence Zimbabwe's real patriots
The circus of Zimbabwe continues!Once again, we find ourselves witnessing the familiar theatrics of excitable ZANU PF legislators, now feverishly pushing for the enactment of a so-called "Nati...Published: 01 Jul 2025 at 11:03hrs | 87 | by Tendai Ruben Mbofana
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
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2695 | by Staff reporter
Zesa rebundling begins
Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...Published: 29 Jun 2025 at 11:21hrs | 7417 | by Staff reporter
Biti, Kasukuwere gang up against Tagwirei
Former cabinet ministers Saviour Kasukuwere and Tendai Biti have publicly condemned controversial businessman Kudakwashe Tagwirei, branding him as the "face of corruption" whose growing influence with...Published: 27 Jun 2025 at 09:36hrs | 1124 | by Staff reporter
Bosso acting CEO quits
Highlanders Football Club is on the verge of making a critical leadership decision that could shape its trajectory both on and off the field. The Bulawayo giants are scheduled to interview four candid...Published: 27 Jun 2025 at 09:22hrs | 169 | by Staff reporter
Kasukuwere viciously attacks Tagwirei
Former Zanu-PF political commissar and cabinet minister Saviour Kasukuwere has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, accusing him of being the embodiment of stat...Published: 26 Jun 2025 at 17:57hrs | 3217 | by Staff reporter
Tagwirei sparks feud with Kasukuwere, Biti
ZANU PF-aligned businessman Kudakwashe Tagwirei has ignited a political storm after accusing self-exiled former cabinet minister Saviour Kasukuwere and former Finance Minister Tendai Biti of corruptio...Published: 26 Jun 2025 at 15:44hrs | 1115 | by Staff reporter
Tagwirei mocks 'foolish' Zimbabweans who have not won tenders
Prominent businessman Kudakwashe Tagwirei ignited controversy on Wednesday after declaring that Zimbabweans who have not secured government tenders are "foolish" - effectively labelling the vast major...Published: 26 Jun 2025 at 14:12hrs | 819 | by Staff reporter
Bulawayo Town Clerk appointed NSSA board chair
The City of Bulawayo's Town Clerk, Mr. Christopher Dube, has been appointed as the new chairperson of the National Social Security Authority (NSSA), following the government's dissolution of the previ...Published: 26 Jun 2025 at 11:20hrs | 680 | by Staff reporter
Tagwirei breaks silence on Dema power plant tender
Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...Published: 26 Jun 2025 at 09:27hrs | 8435 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 166 | by Staff reporter
'Where must my family do business - Zimbabwe?'
Deputy President Paul Mashatile has firmly denied any political interference in the awarding of South Africa's lucrative national lottery licence to Sizekhaya Holdings, whose shareholders include Bell...Published: 26 Jun 2025 at 09:15hrs | 394 | by Staff reporter
Harare mayor bemoans state of council buildings
Harare Mayor Councillor Jacob Mafume has expressed deep concern over the deteriorating state of council buildings, urging acting town clerk Engineer Phakamile Mabhena Moyo to take swift action to addr...Published: 25 Jun 2025 at 17:21hrs | 245 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 191 | by Staff reporter
Shava returns as NSSA substantive boss?
After three years of internal turmoil, high-profile dismissals, and corruption scandals, a measure of calm and certainty has returned to the National Social Security Authority (NSSA) following the app...Published: 25 Jun 2025 at 12:00hrs | 640 | by Staff reporter
Surely, what lessons in business success can Tagwirei teach our youth?
Our youth are the greatest asset to our nation's future, and we cannot afford to lead them astray.Zimbabwe is a nation desperate for authentic leadership, especially for its youth. ...Published: 24 Jun 2025 at 11:24hrs | 282 | by Tendai Ruben Mbofana
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Tagwirei secures seat in Zanu-PF central committee
Business tycoon Kudakwashe Tagwirei has officially stepped into the political spotlight after securing a seat in the ruling Zanu-PF's influential Central Committee, further fuelling speculation that h...Published: 20 Jun 2025 at 16:39hrs | 659 | by Staff reporter
Simbarashe Sithole not guilty
Journalist Simbarashe Sithole has been acquitted of extortion and bribery charges after a high-profile legal battle that drew national attention, raising critical questions about media freedom and the...Published: 19 Jun 2025 at 20:50hrs | 379 | by Staff reporter
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 103 | by Staff reporter
Mnangagwa inspects Zimbabwe's gold reserves
President Emmerson Mnangagwa on Thursday morning conducted a high-profile inspection of Zimbabwe's gold reserves held in the Reserve Bank of Zimbabwe (RBZ) vaults, following his directive for the coun...Published: 19 Jun 2025 at 13:38hrs | 665 | by Staff reporter
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