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RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 4 hrs ago | 98 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 4 hrs ago | 46 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 277 | by Staff reporter
Mnangagwa challenges NatFoods to raise exports
President Emmerson Mnangagwa has challenged National Foods Holdings Limited to intensify its regional export efforts following the commissioning of the company's new production lines for pasta, biscui...Published: 30 May 2025 at 09:46hrs | 207 | by Staff reporter
Zimbabwe suspends livestock imports from South Africa over FMD outbreak
Zimbabwe has suspended, with immediate effect, all imports of live cloven-hoofed animals and their related products from South Africa following a confirmed outbreak of Foot and Mouth Disease (FMD) in ...Published: 26 May 2025 at 19:40hrs | 320 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
Zimbabwe makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 224 | by Staff reporter
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 847 | by Staff reporter
No end in sight to Zimbabwe's electricity crisis
Zimbabwe is currently grappling with a severe energy crisis, characterized by daily load-shedding lasting up to 16 hours. Meanwhile, neighboring Zambia remains cautiously optimistic about easing its p...Published: 24 May 2025 at 10:59hrs | 285 | by Staff reporter
Zimbabwe banks channel US$200m into agric sector
Zimbabwe's banking sector has injected approximately US$200 million to support the ongoing 2024/2025 summer cropping season, underscoring renewed efforts to revitalize agriculture, a sector long regar...Published: 22 May 2025 at 12:08hrs | 216 | by Staff reporter
Zimbabwe govt moves to break Tongaat Hulett's monopoly
The Zimbabwean government has announced plans to introduce new players into the sugarcane milling industry to break the monopoly held by Tongaat Hulett Zimbabwe, a move aimed at boosting competition, ...Published: 22 May 2025 at 12:07hrs | 886 | by Staff reporter
Zimbabwe, Belarus to set up bus assembly plant
Zimbabwe is set to become a regional hub for bus manufacturing following an agreement with Belarus to establish a bus assembly plant in the country, leveraging locally produced steel from the Dinson I...Published: 21 May 2025 at 14:39hrs | 348 | by Staff reporter
ZPRA veterans align property reclamation drive with Vision 2030 goals
Former Zimbabwe People's Revolutionary Army (ZPRA) combatants have emphasised that reclaiming properties acquired during the liberation struggle is more than just restitution - it is a strategic effor...Published: 20 May 2025 at 09:53hrs | 113 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Cereal imports ban looms in Zimbabwe
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has recommended a ban on cereal imports in a move aimed at boosting the local grain market and strengthening Zimbabwe's food ...Published: 19 May 2025 at 09:18hrs | 320 | by Staff reporter
Zimra impounds buses from Beitbridge border post
The Zimbabwe Revenue Authority (ZIMRA) has announced it is impounding buses cleared at Beitbridge Border Post for reinspection due to a surge in smuggling activities at the country's busiest entry poi...Published: 18 May 2025 at 12:14hrs | 1276 | by Staff reporter
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 270 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 133 | by Staff reporter
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | by Staff reporter
Zimbabwe ups wheat production momentum
As early morning mists lift over Zimbabwe's farming belts, tractors roar to life and irrigation pivots sweep across golden fields, signaling the start of the 2025 winter wheat season. The Government b...Published: 17 May 2025 at 12:06hrs | 69 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 142 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 394 | by `
Zimbabwe govt defends car import ban
The import ban on vehicles older than 10 years, which came into effect in January 2022, is part of Zimbabwe's strategy to protect and revitalize the country's motor manufacturing industry, which has b...Published: 13 May 2025 at 10:14hrs | 19513 | by Staff reporter
Zimbabwe, Mozambique sign landmark energy deal
Zimbabwe and Mozambique have signed a landmark agreement to deepen cooperation in the energy sector, a development poised to significantly improve energy security and infrastructure across Southern Af...Published: 09 May 2025 at 10:57hrs | 222 | by Staff reporter
Zimbabwe Health Ministry refuses to admit healthcare system is deteriorating
Deputy Minister of Health and Child Care Sleiman Kwidini dismissed claims about the deteriorating state of public hospitals as being largely fueled by "social media" during a heated session in Parliam...Published: 08 May 2025 at 09:51hrs | 236 | by Staff reporter
Zimbabwe govt's anti-smuggling dragnet nets 472
The Government of Zimbabwe has ramped up its efforts in the ongoing anti-smuggling blitz, resulting in over 200 prosecutions and 269 compliance notices issued as part of a sustained crackdown against ...Published: 06 May 2025 at 08:51hrs | 209 | by Staff reporter
Zimbabwe invents herbal antivenom
In a potentially life-saving scientific breakthrough, Chinhoyi University of Technology (CUT) has made significant progress in the development of a herbal-based polyvalent antivenom, with promising pr...Published: 06 May 2025 at 08:41hrs | 433 | by Staff reporter
Zimbabwe's exports surge by 13.5%
Zimbabwe's export earnings surged by 13.5 percent in March 2025 to reach US$581.9 million, up from US$512.6 million in February, underscoring the country's growing productivity, mineral output and the...Published: 03 May 2025 at 08:35hrs | 778 | by Staff reporter
Zimbabwe restricts steel imports
The Zimbabwean government has introduced new restrictions on the importation of specific steel products, requiring importers to obtain licences before bringing them into the country, in a move designe...Published: 02 May 2025 at 19:44hrs | 623 | by Staff reporter
FAO supports Zimbabwe's 2030 vision
The United Nations' Food and Agriculture Organisation (FAO) is spearheading efforts to transform Zimbabwe's agricultural sector with a bold vision aimed at ensuring food security and economic resilien...Published: 01 May 2025 at 08:48hrs | 399 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 117 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 196 | by Staff reporter
EU scraps duty on Zimbabwe exports
In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...Published: 28 Apr 2025 at 12:12hrs | 315 | by Staff reporter
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 140 | by Staff reporter
Zimbabwe's maize production to fall short by 10-15%
Zimbabwe's maize production for the 2024/25 agricultural season is expected to fall short of the country's national requirements by 10% to 15% due to prolonged dry spells and erratic rainfall, accordi...Published: 24 Apr 2025 at 07:32hrs | 278 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 751 | by Staff reporter
Zimbabwe govt urged to address Bulawayo de-industrialisation
Former Speaker of Parliament, Lovemore Moyo, has urged the Zimbabwean government to urgently address the ongoing de-industrialisation of Bulawayo, warning that the city's transformation from an indust...Published: 17 Apr 2025 at 09:01hrs | 367 | 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 | 7205 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1262 | 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
Zimra blitz disrupts Bulawayo traders
Scores of traders operating within Bulawayo's city centre were left reeling last week after the Zimbabwe Revenue Authority (Zimra) implemented a series of business closures, as part of a wider nationa...Published: 15 Apr 2025 at 08:42hrs | 1980 | by Staff reporter
Zimbabwe to produce solar panels, lithium batteries
Zimbabwe is set to begin large-scale manufacturing of solar panels and lithium batteries as part of a bold new initiative to boost the country's renewable energy sector. The development follows the re...Published: 14 Apr 2025 at 09:08hrs | 319 | by Staff reporter
Zimbabwe kisses Trump ass on tariffs war?
President Emmerson Mnangagwa's recent move to suspend all tariffs on United States goods in a bid to win favour with the Trump administration has been publicly ridiculed, as U.S. President Donald Trum...Published: 12 Apr 2025 at 09:16hrs | 236 | by Staff reporter
Zimra waits for Treasury guidance over US tariff removal
The Zimbabwe Revenue Authority (Zimra) is awaiting formal guidance from the Ministry of Finance, Economic Development, and Investment Promotion regarding the implementation of President Emmerson Mnang...Published: 10 Apr 2025 at 09:09hrs | 130 | by Staff reporter
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1050 | by Tendai Ruben Mbofana
Mnangagwa to suspend all tariffs on US goods
President Emmerson Mnangagwa has announced that the Government of Zimbabwe will suspend all tariffs on goods originating from the United States in a bid to facilitate the growth of American imports in...Published: 06 Apr 2025 at 11:37hrs | 1464 | by Staff reporter
Rand crashes past R19 to the dollar under Ramaphosa's watch
The South African rand continued its steep decline on Friday, 4 May, crashing past the R19 mark against the U.S. dollar amid heightened political uncertainty and growing diplomatic tensions with the U...Published: 05 Apr 2025 at 16:40hrs | 9538 | by Staff reporter
ZPC seeks 25-year renewal for Hwange Power Station licence
The Zimbabwe Power Company (ZPC) has applied to the Zimbabwe Energy Regulatory Authority (ZERA) for a 25-year renewal of its licence to operate and maintain the 920-megawatt (MW) coal-fired Hwange Pow...Published: 03 Apr 2025 at 17:54hrs | 443 | by Staff reporter
Cross says corruption poses major threat to Mnangagwa's leadership
President Emmerson Mnangagwa's biographer, Eddie Cross, has pointed to the rampant corruption in Zimbabwe as the most significant challenge to the President's leadership, highlighting the growing diss...Published: 03 Apr 2025 at 08:31hrs | 1156 | by Staff reporter
Zimbabwe's power supplies improve on Kariba water boost
Zimbabwe's power generation and supply have significantly improved, driven by increased water allocation from the Zambezi River Authority (ZRA) and enhanced output from the Hwange Power Station. This ...Published: 30 Mar 2025 at 15:34hrs | 851 | by Staff reporter
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