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Bulawayo leads other provinces in Zimbabwe on the export market
Zimbabwe's second-largest city, is leading the country in export volumes, but there is a growing need for more export incentives to help the city unlock its full potential, according to industry exper...Published: 11 hrs ago | 249 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 11 hrs ago | 176 | by Staff reporter
Zimbabwe injects US$64m into foreign currency market
The Reserve Bank of Zimbabwe (RBZ) has injected US$64 million into the foreign exchange market in response to a growing demand for hard currency, ensuring that all bona fide foreign currency applicati...Published: 15 hrs ago | 128 | by Staff reporter
Homegrown Heroes: Why the Opposition must prioritize local talent over ZANU-PF defectors
In the tumultuous landscape of Zimbabwean politics, the recent defection of Dzikamai Mavhaire back to ZANU-PF has served as a wake-up call for the opposition. This unsettling trend highlights the stru...Published: 19 Sep 2024 at 08:32hrs | 406 | by Fanuel Chinowaita
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 | 456 | by Staff reporter
Zimra Loses over US$600,000 in fake vehicle import rebate fraud
A massive vehicle import fraud scheme has been uncovered, involving more than 400 fake tax rebate letters issued by a former Zimbabwe Revenue Authority (Zimra) employee, Yvonne Tambudzai Musoni. The f...Published: 16 Sep 2024 at 07:44hrs | 652 | by Staff reporter
South Africa energy poverty to deepen
I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in Septemb...Published: 11 Sep 2024 at 13:45hrs | 204 | by Engineer Matšhela Koko
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 94 | by Staff reporter
ZiG sabotage
The introduction of the Zimbabwe Gold currency (ZiG) nearly five months ago has contributed to noticeable stability and low inflation, largely due to the Reserve Bank of Zimbabwe's (RBZ) rigorous meas...Published: 10 Sep 2024 at 08:49hrs | 6407 | by Staff reporter
Human resources officer arrested over US$15 000 fraud
A human resources officer for Chikomba district in the Ministry of Primary and Secondary Education, Tatenda Mikishoni, was arraigned before the courts last week on charges of theft. Mikishoni is accus...Published: 09 Sep 2024 at 08:25hrs | 622 | by Staff reporter
Zimbabwe wastes 20% of supplied electricity
Zimbabwe is facing significant electricity inefficiencies, with the Zimbabwe Energy Regulatory Authority (ZERA) reporting that up to 20% of supplied electricity is wasted due to obsolete equipmen...Published: 08 Sep 2024 at 10:01hrs | 2933 | by Staff reporter
US keen to improve relations with Zimbabwe
The United States is keen on improving diplomatic relations with Zimbabwe and increasing trade between the two nations, according to US Ambassador to Zimbabwe, Pamela Tremont. Following her c...Published: 31 Aug 2024 at 11:13hrs | 230 | by Staff reporter
Normal to above normal rains expected in Zimbabwe for 2024/2025
Zimbabwe and other Southern African countries are expected to receive normal to above-normal rainfall during the 2024/25 farming season, offering hope for improved agricultural production and food sec...Published: 29 Aug 2024 at 16:09hrs | 576 | by Staff reporter
Hwange Power Station Unit 8 fault resolved
Zimbabwe's load-shedding is expected to improve following the resolution of a technical fault at Hwange Power Station Unit 8, which is now awaiting synchronization. ZESA Holdings is taking multiple st...Published: 28 Aug 2024 at 15:24hrs | 555 | by Staff reporter
Zesco warns of potential Kariba Power Station shutdown
ZESCO has warned of a critical power supply shortage as water levels approach the minimum operating threshold, with the Kariba North Bank Power Station at risk of shutdown by 14 September 2024. The co...Published: 28 Aug 2024 at 10:51hrs | 331 | by Staff reporter
Zesa explains power shortages
Zimbabwe Electricity Supply Authority (Zesa) Executive Chairman Sydney Gata has reported a significant power shortfall of 540 megawatts (MW) due to increased demand during the winter season. A...Published: 27 Aug 2024 at 12:54hrs | 832 | by Staff reporter
When dark babies are not good enough
For Ms Ntokozo Gumbo, after successfully achieving her desired complexion following years of investing in skin care to lighten her skin tone, she was disappointed when she gave birth to a baby heavily...Published: 22 Aug 2024 at 07:10hrs | 340 | by Andile Tshuma
Zambia to import electricity from Zimbabwe and SA
Zambia announced Thursday it will import electricity from neighbouring South Africa and Zimbabwe as drought slashes hydropower output, leading to blackouts of up to 16 hours a day.The state-ow...Published: 05 Aug 2024 at 18:30hrs | 231 | by AFP
Zimbabwe prepares for Sadc payments platform
Zimbabwe is preparing to join a regional payments system developed by the Southern African Development Community (Sadc) to facilitate cross-border transactions. This move comes as part of Sadc's broad...Published: 03 Aug 2024 at 13:05hrs | 388 | by Staff reporter
Rampant fraud on fuel in transit worries Mthuli Ncube
Finance Minister Mthuli Ncube has proposed a temporary import duty on fuel in transit to other countries to address ongoing issues with transit fraud. In his mid-term budget statement to parli...Published: 26 Jul 2024 at 16:01hrs | 3093 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 26 Jul 2024 at 06:32hrs | 364 | by Staff reporter
Zimbabwe to import 3.2m tonnes of maize
The Zimbabwean Government has issued 651 import permits to private companies to procure at least 3.2 million tonnes of maize to mitigate drought impacts, surpassing the country's annual requirement of...Published: 24 Jul 2024 at 09:03hrs | 205 | by Staff reporter
Zimbabwe implementing 12-hour power cuts
The Government has attributed the current power cuts in Zimbabwe to reduced power generation at Hwange Power Station. The country is implementing 12-hour power cuts to manage domestic demand, as the n...Published: 17 Jul 2024 at 06:47hrs | 1188 | by Staff reporter
Allow all Zimbabweans to import vehicles DUTY FREE your current policy is discriminatory
Zimbabwe, a country grappling with economic challenges, has recently made headlines with a policy decision that has sparked both debate and controversy. The government has partially lifted the ban on ...Published: 16 Jul 2024 at 20:58hrs | 939 | by Engineer Jacob Kudzayi Mutisi
Zimra's unaccounted deposits cause tax woes
The Zimbabwe Revenue Authority (Zimra) received $101.54 billion in unaccounted deposits from clients in 2023, creating an administrative challenge that led to unnecessary penalties and interest on tax...Published: 15 Jul 2024 at 16:42hrs | 4163 | by Staff reporter
Zimbabwe power imports partly offset cuts
Zimbabwe can import up to 200MW from South Africa and two Mozambican suppliers to address its electricity shortfall caused by low water levels at Lake Kariba and reduced Zambezi River flows due to dro...Published: 15 Jul 2024 at 08:04hrs | 65 | by Staff reporter
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 61 | by Nick Mangwana
Zimbabwe fret over new rolling blackouts
Zimbabwe's Energy Minister Edgar Moyo has been summoned by Parliament to address the severe hydrological challenges at Kariba Power Station, leading to extensive power outages of up to 18 hours in urb...Published: 10 Jul 2024 at 17:01hrs | 21 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 6 | by Staff reporter
Zimra tightens vehicle import rules
Starting July 1, 2024, Zimbabwe has implemented new regulations requiring all vehicles imported through border posts like Beitbridge and Plumtree to obtain registration and number plates from the Cent...Published: 03 Jul 2024 at 10:26hrs | 15 | by Staff reporter
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 22 | by Staff reporter
Zimbabwe's solar sector poised for growth
Solarpro Zimbabwe's latest report highlights the immense growth potential of Zimbabwe's solar sector, presenting a lucrative investment opportunity aligned with sustainable development goals. Accordin...Published: 30 Jun 2024 at 18:33hrs | 2 | by Staff reporter
Kenya's Ruto eats humble pie
Kenyan President William Ruto said Wednesday he won't sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest ...Published: 27 Jun 2024 at 09:58hrs | 4 | by Associated Press
Zimbabwe's daily fuel consumption reaches 5 million litres
Daily fuel demand in Zimbabwe has reached 5 million litres, with petrol accounting for 2 million litres and diesel for 3 million litres, according to Dr. Sosten Ziuku, director of energy conservation ...Published: 27 Jun 2024 at 06:44hrs | 13 | by Staff reporter
US$450 million to repower Hwange Units 1-6
The Zimbabwe Power Company (ZPC) has secured a US$50 million loan to initiate the repowering of Hwange Power Station Units 1 to 6, aiming to boost the nation's power generation capacity. This move is ...Published: 23 Jun 2024 at 10:27hrs | 25 | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 2 | by @Jamwanda2 on Saturday
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Zimbabwe economy stabilising after ZiG introduction
The Zimbabwean economy has shown relative stability in recent months following the Reserve Bank Governor's Monetary Policy statement on April 5, 2024, and the transition from the Zimbabwe Dollar to Zi...Published: 20 Jun 2024 at 07:14hrs | 8 | by Staff reporter
Zimbabwe on track to produce 600,000 tonnes of wheat
Zimbabwe is poised to achieve a record-breaking wheat harvest of over 600,000 tonnes, with farmers having planted 121 769 hectares this season, surpassing the national target of 120,000 hectares. ...Published: 19 Jun 2024 at 12:27hrs | 1 | by Tonderai Ndoro
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 12 | by Tonderai Ndoro
Mthuli Ncube courts UK investors
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube emphasized the importance of addressing food loss and waste to enhance food and nutrition security, particularly in light ...Published: 15 Jun 2024 at 12:12hrs | | by Staff reporter
Zesa seeks to settle loans in ZiG
Zesa Holdings is implementing cost-containment measures to drive revenue and pay off its significant loans. With successful expansion projects at Kariba Hydro Power Station and Hwange's units 7 and 8,...Published: 13 Jun 2024 at 06:51hrs | 1 | by Staff reporter
Zimbabwe secures maize to feed 6 million people
The Zimbabwean government has mobilized 405,000 tonnes of grain to feed six million people for a year, distributing 7.5 kg per person, increasing to 8.5 kg from October to March. This response...Published: 06 Jun 2024 at 07:50hrs | | by Staff reporter
Zimbabwe to look East for trophy hunting export markets
Zimbabwean wildlife authorities are eyeing trophy hunting export markets in the East as some European countries move to ban trophy imports, an official said on Tuesday.The European Parliament ...Published: 03 Jun 2024 at 12:13hrs | 7 | by Staff reporter
'Zimbabwe a top 5 gold smuggler'
A recent report titled "On the Trail of African Gold: Quantifying Production and Trade to Combat Illicit Flows" by SWISSAID reveals that Zimbabwe ranks among the top five African countries engaged in ...Published: 03 Jun 2024 at 09:14hrs | 6 | by Staff reporter
Zimbabwe's ZPC struggles to procure new equipment
Zimbabwe Power Company (ZPC) management highlighted the ongoing challenge of insufficient funds for procuring spare parts and equipment to maintain aging machinery, impacting energy sufficiency. Durin...Published: 30 May 2024 at 08:35hrs | 4 | by Staff reporter
NRZ, Chinese firm in US$500 million investment deal
THE National Railways of Zimbabwe (NRZ) is gaining momentum in its recapitalisation efforts, as it has signed a lucrative agreement with TransTech, a subsidiary of China Railway International Group (C...Published: 20 May 2024 at 09:24hrs | 18 | by Staff reporter
Zimbabwe load-shedding will not exceed stage-1 during winter season
ZIMBABWEANS can expect significantly limited load-shedding this winter season owing to considerably improved national grid stability that followed the commissioning of new generation units at Hwange T...Published: 20 May 2024 at 08:42hrs | 8 | by Staff reporter
Zimbabweans in SA push for parliamentary representation
Zimbabweans in South Africa are pressing for representation in Parliament, arguing that their numbers warrant consideration.This call comes as the Zimbabwean government reviews the 2016 Nation...Published: 19 May 2024 at 19:58hrs | | by Staff reporter
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