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Festive Crackdown or Festive Crisis? How Mthuli Ncube's Policies Punish the Poor
The Zimbabwean government, under the stewardship of Finance Minister Mthuli Ncube, has launched a door-to-door crackdown to confiscate smuggled goods. This initiative, introduced during the festive se...Published: 20 Dec 2024 at 10:09hrs | 134 | by Kindred Sibanda
Is Zimbabwe on the brink of collapse?
Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged pow...Published: 18 Dec 2024 at 13:05hrs | 1931 | by Tendai Ruben Mbofana
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 987 | by Innocent Mujeri
Zimbabwe power surge triggers shutdown in Zambia?
Zimbabwe and Zambia were hit by a synchronized nationwide power blackout on Tuesday, following a shutdown initiated by South African power utility Eskom due to a surge in the regional power grid....Published: 17 Dec 2024 at 16:24hrs | 2425 | by Staff reporter
PPC Zimbabwe to fast-track solar projects
Pretoria Portland Cement (PPC) Zimbabwe has announced plans to accelerate the construction of two solar power plants with a combined capacity of 30 megawatts (MW) in Colleen Bawn and Bulawayo. The ini...Published: 16 Dec 2024 at 10:33hrs | 174 | by Staff reporter
Zimbabwe authorities step up crackdown on smuggled goods
The Zimbabwean government has ramped up efforts to combat smuggling and the influx of counterfeit goods as part of a broader strategy to protect domestic industries and enhance their competitiveness....Published: 15 Dec 2024 at 09:11hrs | 413 | by Staff reporter
Zimbabwean businessman eyes titanium value addition industry in Africa
Zimbabwean-born CEO Donovan Chimhandamba of South Africa-based Nyanza Light Metals has unveiled ambitious plans to establish a beneficiation and value addition industry for titanium minerals in Africa...Published: 14 Dec 2024 at 21:32hrs | 749 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 179 | by Staff reporter
Zimbabwe clamps down on smuggling, counterfeit products
Authorities in Zimbabwe are intensifying efforts to combat the smuggling of consumer goods into the country and the proliferation of counterfeit and substandard products in the market to safeguard pub...Published: 13 Dec 2024 at 09:43hrs | 260 | by Staff reporter
Mnangagwa says iron, steel sector key to Zimbabwe's economic revitalisation
President Emmerson Mnangagwa has emphasized the critical role of Zimbabwe's iron and steel industry in transforming the national and regional economy, underscoring its potential to drive industrialisa...Published: 13 Dec 2024 at 06:45hrs | 300 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 441 | by Staff reporter
Zimbabwe strengthens push for rice self-sufficiency
Zimbabwe is set to significantly boost its rice production, with a projected output of over 2,000 tonnes for the 2024/2025 farming season. This marks a remarkable recovery from the 73.5 tonnes produce...Published: 08 Dec 2024 at 09:47hrs | 71 | by Staff reporter
Zimbabwe trade deficit narrows to US$137,7 million
Zimbabwe's trade deficit shrank to US$137.7 million in October 2024, marking a 34.3% decrease from the US$209.5 million recorded in September. This positive trend is attributed to a significant growth...Published: 07 Dec 2024 at 10:33hrs | 502 | by Staff reporter
Zimbabwe's cash reserves cannot cover a month
The Zimbabwe National Chamber of Commerce (ZNCC) has raised alarm over the country's dwindling foreign currency reserves, warning that the current US$540 million is insufficient to cover even a single...Published: 06 Dec 2024 at 18:10hrs | 644 | by Staff reporter
SA firms envy Zimbabwe's Manhize plant impact
The neighbouring South Africa's steel industry is worrying and strategizing over the impact to their local industry brought in by Dinston Iron and Steel Company in Zimbabwe's Manhize area with experts...Published: 06 Dec 2024 at 13:03hrs | 4916 | by Staff reporter
Zimbabwe boosts border efficiency for festive season
Beitbridge Border Post, one of the busiest entry points into Zimbabwe, is preparing for a surge in traffic as authorities reactivate the Border Efficiency Management Systems (BEMS) in anticipation of ...Published: 04 Dec 2024 at 06:43hrs | 102 | by Staff reporter
Ramaphosa's economy shrinks 0.3%
The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the ...Published: 03 Dec 2024 at 15:39hrs | 308 | by Staff reporter
Trump suggests Canada should become the 51st US State
US President-elect Donald Trump has suggested that Canada should become the 51st US state unless it manages to halt the flow of illegal migrants and drugs across its border with the US, Fox News repor...Published: 03 Dec 2024 at 11:05hrs | 1478 | by Staff reporter
Zimbabwe achieves record wheat harvest
Zimbabwe has achieved a record-breaking wheat harvest, with deliveries reaching 563,961 tonnes, significantly surpassing last year's 467,000 tonnes. This milestone marks the nation's largest wheat har...Published: 03 Dec 2024 at 08:48hrs | 74 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1221 | by Staff reporter
Upgrade of Hwange thermal station's old units begins
Officials from India's Jindal Steel and Power Company are finalising contracts and assessments for a major refurbishment of six aging generation units at the Hwange Thermal Power Station. The ambitiou...Published: 01 Dec 2024 at 08:49hrs | 124 | by Staff reporter
South African commentator downplays Zimbabwe's giant steel plant's capabilities?
'It will just add to surplus capacity in the region, and the only way to safeguard against the commodity trade is to start adding value to the steel product itself' – Charles Dednam, South African I...Published: 01 Dec 2024 at 07:33hrs | 3454 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 81 | by Willias Madzimure
Zimbabwe's fuel black market returns
Illegal fuel dealers have re-emerged on the streets of Bulawayo, selling smuggled petrol and diesel in defiance of government regulations mandating ethanol blending. The illicit traders claim their fu...Published: 30 Nov 2024 at 12:57hrs | 6190 | by Staff reporter
Breakthrough as 720MW Titan Power Plant Project scheduled for December 2 launch
A ground-breaking ceremony for the 720MW Titan Power Plant Project is scheduled for 2 December 2024 at Hwange Power Station, marking a pivotal moment in Zimbabwe's quest for energy self- sufficiency. ...Published: 29 Nov 2024 at 14:39hrs | 1822 | by George Tshuma
How Zimbabwe's ruling elite fund their luxuries at the expense of ordinary citizens
They live a tax-free lifestyle, do not pay duty to import vehicles and yet they introduce a new tax every year to fund their luxurious lifestyle. In Zimbabwe, the stark contrast between the lifestyles...Published: 29 Nov 2024 at 12:38hrs | 820 | by Jacob Kudzayi Mutisi
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 365 | by Staff reporter
Zimbabwe wheat harvest tops 560 000 metric tonnes
Zimbabwe has harvested 560,000 metric tonnes of wheat this year, a significant increase from the 468,000 tonnes produced in 2023. This milestone was confirmed by the country's Lands and Agriculture Pe...Published: 27 Nov 2024 at 07:11hrs | 301 | by Staff reporter
885 import permits granted to ensure food security in Zimbabwe
The Zimbabwean Government has issued 885 import permits to 423 private companies to address food security challenges caused by this year's severe drought. The move aims to bolster the private sector's...Published: 27 Nov 2024 at 06:43hrs | 146 | by Staff reporter
Zimbabwe and Zambia suffer simultaneous blackouts
Zimbabwe and Zambia experienced nationwide blackouts on Sunday night, a disruption believed to be caused by a surge on power lines connecting the two countries to South African power utility Eskom....Published: 25 Nov 2024 at 19:35hrs | 700 | by Staff reporter
Zimbabwe's electricity crisis: Declare a State of National Disaster and retire Sydney Gata to save the nation
As I write this article, the town of Redcliff, like much of Zimbabwe, remains shrouded in darkness following a 24-hour nationwide blackout that began yesterday. This is not the first time we'v...Published: 25 Nov 2024 at 11:55hrs | 1179 | by Tendai Ruben Mbofana
Why should vehicle owners pay for a Radio License for non-functional or non-existent radios?
44 years on, The Zimbabwean liberation struggle was fought to end the exploitation and marginalisation of the majority. Central to this was the pursuit of fairness, equality and the eradication of unj...Published: 24 Nov 2024 at 17:31hrs | 7967 | by Jacob Kudzayi Mutisi
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
Zimbabweans to endure 6 more years with load shedding
The Zimbabwe Electricity Supply Authority (Zesa) is undertaking energy generation projects worth 3,000MW to eliminate load-shedding and achieve universal electricity access by 2030. The initiatives ar...Published: 20 Nov 2024 at 06:49hrs | 302 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 7666 | by Staff reporter
Mozambique borders reopen as protests subside
Mozambique's border posts were reopened yesterday, and protests in Maputo and other cities have subsided - for now - as the country grapples with ongoing unrest following allegations of election fraud...Published: 11 Nov 2024 at 07:14hrs | 758 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2295 | by Staff reporter
EU could face gas shortages
The European Union's gas supplies could be at risk this winter due to increasing reliance on liquefied natural gas (LNG) as a replacement for Russian pipeline gas, the Financial Times wrote on Thursda...Published: 07 Nov 2024 at 16:00hrs | 551 | by Staff reporter
Joint venture to upgrade Harare-Nyamapanda Road
The Zimbabwean Cabinet, under the leadership of Honourable Anxious Masuka, Minister of Lands, Agriculture, Fisheries, Water and Rural Development, convened to review the latest developments on the 202...Published: 07 Nov 2024 at 06:57hrs | 204 | by Staff reporter
Zimbabwe targets 3,2 million tonnes cereal harvest
The Zimbabwean government has announced an ambitious plan to increase cereal production to over 3.2 million metric tonnes in the 2024/2025 summer season, aiming to significantly surpass the 744,000 me...Published: 06 Nov 2024 at 06:52hrs | 144 | by Staff reporter
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3809 | by Staff reporter
Zimbabwe on course to break winter wheat production record
Zimbabwe is poised to set a new winter wheat production record, with farmers having already harvested over 490,000 tonnes this season, a milestone that highlights the nation's agricultural revival in ...Published: 03 Nov 2024 at 10:06hrs | 231 | by Staff reporter
Hwange's Unit 7 reconnected, boosting Zimbabwe's power capacity
In a significant boost to Zimbabwe's electricity generation, Hwange Thermal Power Station's Unit 7 was reconnected to the national grid on Friday, adding an additional 300 megawatts (MW) to the countr...Published: 03 Nov 2024 at 10:04hrs | 212 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 845 | by Tendai Ruben Mbofana
Zimbabwe-China trade hits $3 billion
Trade between Zimbabwe and China has surged in the first nine months of 2024, reaching a record $3 billion, marking a 25.6% year-on-year increase. Zimbabwe's exports to China stood at $2.1 billion, wh...Published: 30 Oct 2024 at 15:46hrs | 380 | by Staff reporter
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 118 | by Staff reporter
9 power stations planned for Zimbabwe
Zimbabwe's energy sector is poised for a significant transformation next year, as nine new public and private power projects are expected to add 2,690 megawatts (MW) to the national grid. This increas...Published: 29 Oct 2024 at 07:32hrs | 665 | by Staff reporter
Zesa unveils strategy to end load-shedding
ZESA Holdings has announced a transformative strategy to eliminate load-shedding by next year and achieve universal electricity access across Zimbabwe by 2030. The plan, detailed by ZESA executive cha...Published: 25 Oct 2024 at 08:44hrs | 311 | by Staff reporter
Zimbabwe scales up fight against fraudulent vehicle imports
The Zimbabwe Revenue Authority (ZIMRA) has enlisted the help of the police in a new operation to track down fraudulently imported vehicles in the capital. The exercise, which runs from October to Dece...Published: 24 Oct 2024 at 16:27hrs | 4192 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 761 | by Staff reporter
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