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Inflation slowdown boosts confidence in ZiG stability
Zimbabwe recorded a marked slowdown in price growth in August, strengthening government claims that currency reforms are beginning to stabilise the economy, despite year-on-year inflation remaining hi...Published: 40 mins ago | 15 | by Staff reporter
Zimbabwe maintains maize import ban
The government says it is pleased with the steady flow of maize deliveries to the Grain Marketing Board (GMB) following last year's poor season, which forced Zimbabwe to import grain.Agricultu...Published: 25 Aug 2025 at 20:58hrs | 136 | by Staff reporter
RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 24 Aug 2025 at 19:19hrs | 355 | by Staff reporter
South Africa is in serious trouble
South Africa has been hit by some of the highest tariffs of any country, with increased duties placed on its goods exported to the United States. At 30%, the tariffs on South Africa are t...Published: 20 Aug 2025 at 11:07hrs | 1778 | by Staff reporter
Chinese nickel giant to invest $800m in Zimbabwe
Chinese nickel producer Tsingshan Holding Group will invest $800 million in expanding its steel plant in central Zimbabwe through its unit Dinson Iron and Steel Company.Tsingshan, among the wo...Published: 19 Aug 2025 at 11:01hrs | 332 | by Staff reporter
Manhize plant posts US$100m sales in first half
The Dinson Iron and Steel Company (Disco) in Manhize, Midlands Province, has raked in nearly US$100 million in steel sales during the first half of the year, marking a major milestone in Zimbabwe's ef...Published: 19 Aug 2025 at 09:03hrs | 238 | by Staff reporter
If Mnangagwa wants to know what 'nyika inovakwa nevene vayo' really means, he should learn from Rhodesians!
Sometimes, words are cheap, and it is often those who boast the most who achieve the least.When the late Robert Mugabe popularized the phrase 'nyika inovakwa nevene vayo' - and his successor E...Published: 19 Aug 2025 at 08:08hrs | 426 | by Tendai Ruben Mbofana
'Over 2 000 jobs created at Manhize'
Over 2,000 jobs have already been created at Dinson Iron and Steel Company (Disco) in its first operational phase, with the number expected to double as the US$1 billion project expands, a senior gove...Published: 18 Aug 2025 at 20:48hrs | 287 | by Staff reporter
Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 16 Aug 2025 at 13:13hrs | 475 | by Staff reporter
Zimbabwe govt pledges timely wheat payments
The government has vowed to pay all wheat farmers on time this season to secure grain supplies and help producers prepare for the next planting cycle.Lands and Agriculture Minister Dr Anxious ...Published: 14 Aug 2025 at 15:28hrs | 150 | by Staff reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 453 | by Staff reporter
Zimbabwe pushes for import substitution
Zimbabwe has planted 5,000 hectares of Irish potatoes this winter season as part of an ambitious government-led drive to cut reliance on imports and boost local food security. The target is to reach 9...Published: 10 Aug 2025 at 22:39hrs | 375 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 129 | by Staff reporter
Bulawayo industrial decay raises alarm
Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are large...Published: 10 Aug 2025 at 10:13hrs | 728 | by Staff reporter
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 08 Aug 2025 at 08:42hrs | 189 | by Staff reporter
Ramaphosa's ANC dares the United States to sanction it
South Africa's biggest political party said the government won't bow to demands from Donald Trump's administration to change its policies even if that means its leaders are subjected to US sanctions....Published: 07 Aug 2025 at 20:50hrs | 1148 | by Staff reporter
Zimbabwe, China seal US$55m technical cooperation agreement
President Emmerson Mnangagwa on Wednesday presided over the signing of a US$55 million Economic and Technical Cooperation Agreement between Zimbabwe and China, in a move set to boost the country's dev...Published: 07 Aug 2025 at 09:22hrs | 242 | by Staff reporter
Zimbabwe Company Director Arrested Over US$6 Million LP Gas Forex Scandal
The National Prosecuting Authority of Zimbabwe (NPAZ) has announced the arrest of businessman Grant Chitate and his company Wellington Thulisa (Pvt) Ltd in connection with a massive foreign currency v...Published: 06 Aug 2025 at 16:35hrs | 348 | by Stephen Jakes
Director arrested over US$7.6m payments for LP gas imports
Grant Wellington Thulisa (Pvt) Ltd, represented by its director Grant Chitate, has been dragged before the courts on allegations of making unauthorised foreign payments totalling US$7.6 million for th...Published: 05 Aug 2025 at 17:44hrs | 1062 | by Staff reporter
Bulawayo urged to shun imported 'waste' goods
A solid waste management expert has urged Bulawayo residents and businesses to avoid importing goods considered waste in other countries, warning that low-quality imports are driving illegal dumping i...Published: 05 Aug 2025 at 08:51hrs | 257 | by Staff reporter
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 451 | by Engineer Jacob Kudzayi Mutisi
Hwange units 7 and 8 power Zimbabwe's energy stability
Zimbabwe's energy security has received a major boost from Hwange Thermal Power Station's Units 7 and 8, which have emerged as vital contributors to the national grid, powering key economic sectors in...Published: 03 Aug 2025 at 19:16hrs | 345 | by Staff reporter
Company faces exchange control violation charges
A Harare-based company, Grant Thulisa (Pvt) Ltd, has been hauled before the courts on allegations of violating Zimbabwe's exchange control regulations after it allegedly misrepresented the amount of m...Published: 03 Aug 2025 at 12:17hrs | 201 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 254 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 264 | by Staff reporter
Dairibord warns of rising costs
Dairibord Holdings Limited, one of Zimbabwe's largest publicly listed milk processors, has sounded the alarm over a tough operating environment that has driven up costs, squeezed margins, and weighed ...Published: 31 Jul 2025 at 12:54hrs | 224 | by Staff reporter
Tobacco, gold dominate Zimbabwe's exports
Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...Published: 29 Jul 2025 at 18:26hrs | 186 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 203 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 807 | by Staff reporter
Zimbabwe dairy sector grows, but
Zimbabwe's dairy industry has recorded encouraging growth, with raw milk production rising by 15% over the past year. However, escalating feed costs - which account for 80% of production expenses — ...Published: 25 Jul 2025 at 09:35hrs | 122 | by Staff reporter
Zimbabwe revels in improved power supply
Zimbabweans are breathing a sigh of relief as the nation celebrates a significant improvement in electricity supply, following a surge in domestic power generation. The development marks a critical tu...Published: 24 Jul 2025 at 15:12hrs | 449 | by Staff reporter
Afreximbank backs Lake Kariba floating solar project
Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...Published: 24 Jul 2025 at 09:28hrs | 248 | by Staff reporter
Zanu-PF pushes for regional coal, steel union
ZANU-PF is driving an initiative to establish a coal and steel union among former liberation movements in the Southern African Development Community (SADC) region, aiming to boost economic integration...Published: 23 Jul 2025 at 09:02hrs | 101 | by Staff reporter
Zimbabwe records surge in LPG consumption
Zimbabwe is experiencing a significant surge in Liquefied Petroleum Gas (LPG) consumption, signalling a growing shift among households and small businesses towards cleaner and more affordable energy a...Published: 22 Jul 2025 at 13:03hrs | 175 | by Staff reporter
Zambia signs $1.1 billion deal with Chinese firm
Zambia has signed a US$1.1 billion Memorandum of Understanding (MoU) with China's Fujian Xiang Xin Corporation for the development of a crude oil refinery and energy complex in Ndola, in a move expect...Published: 22 Jul 2025 at 10:45hrs | 511 | by Staff reporter
Is this health justice or state overreach?
In the swiftly evolving drama of Zimbabwean healthcare, a new bill in Parliament has stirred both hope and alarm. The Medical Services Amendment Bill, championed by Justice and Parliamentary Affairs M...Published: 19 Jul 2025 at 09:10hrs | 1332 | by Kumbirai Thierry Nhamo
Mnangagwa concludes Japan visit
President Emmerson Mnangagwa on Friday concluded a five-day working visit to Japan aimed at deepening diplomatic and economic ties, strengthening Zimbabwe's investment appeal, and positioning the coun...Published: 19 Jul 2025 at 09:10hrs | 222 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1554 | by Staff reporter
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: 17 Jul 2025 at 20:58hrs | 632 | by Staff reporter
Corruption rife at Beitbridge border post
The Zimbabwe Anti-Corruption Commission (ZACC) has revealed that it has recorded 150 cases of corruption at the Beitbridge Border Post over the past four years, primarily involving collusion between Z...Published: 16 Jul 2025 at 07:43hrs | 1796 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 251 | by Staff reporter
Chivayo taxes shocker
Flamboyant businessman Wicknell Chivayo, one of Zimbabwe's most polarising public figures, has rubbished claims that his bank accounts have been garnished by tax authorities amid reports of a lifestyl...Published: 13 Jul 2025 at 11:07hrs | 713 | by Staff reporter
Zacc raises red flag over corruption in shipping and forwarding sector
The Zimbabwe Anti-Corruption Commission (ZACC) has raised alarm over a growing number of corruption cases linked to the shipping and forwarding of goods, warning that such practices are costing the co...Published: 10 Jul 2025 at 18:32hrs | 366 | by Staff reporter
Delta slams local sugar producers over poor quality
Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for b...Published: 09 Jul 2025 at 07:50hrs | 278 | by Staff reporter
Fadzayi Mahere hit with US$100,000 defamation lawsuit
Prominent lawyer and opposition figure Fadzayi Mahere has been served with a US$100,000 defamation lawsuit by Minister of Youth, Empowerment, Development and Vocational Training, Tinoda Machakaire, fo...Published: 07 Jul 2025 at 09:56hrs | 1910 | by Staff reporter
NatPharm boosts medicines availability
The National Pharmaceutical Company (NatPharm) announced it expects to receive close to 400 different lines of medicines and health consumables over the next three months as part of its efforts to imp...Published: 07 Jul 2025 at 08:50hrs | 106 | by Staff reporter
Starafrica feels the pinch of sugar tax
Local sugar producer Starafrica Corporation says it is grappling with weak demand for industrial sugar, with the government-imposed sugar tax on beverages negatively affecting some of its key customer...Published: 04 Jul 2025 at 12:33hrs | 112 | by Staff reporter
Timber shortage hits Zimbabwe
Zimbabwe is grappling with a serious timber shortage that has left the local market heavily reliant on imports from neighbouring countries, particularly South Africa, as deep-rooted challenges continu...Published: 04 Jul 2025 at 07:39hrs | 239 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 309 | by Staff reporter
Local millers cry foul over foreign takeover of reserved sector
Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators....Published: 03 Jul 2025 at 09:12hrs | 222 | by Staff reporter
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