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Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 19 hrs ago | 276 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
OK Zimbabwe begins restocking after weeks of empty shelves
Troubled retailer OK Zimbabwe has announced that it has started restocking its outlets following weeks of empty shelves and temporary closures due to macroeconomic challenges, particularly exchange ra...Published: 17 Feb 2025 at 12:37hrs | 1666 | by Staff reporter
Tshabangu's faction calls disciplinary hearing a 'Kangaroo Court'
Tensions within the Citizens Coalition for Change (CCC) have escalated, with Sengezo Tshabangu's faction condemning a disciplinary hearing convened by Welshman Ncube as a "sham" and a "kangaroo court....Published: 17 Feb 2025 at 09:06hrs | 649 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1243 | by Staff reporter
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 650 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 202 | by Staff reporter
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1154 | by Tendai Ruben Mbofana
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
Mukuru advocates for cashless economy
The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payme...Published: 09 Feb 2025 at 11:30hrs | 1430 | by Staff reporter
BCC resolves to permanently close 5th Ave market
Bulawayo City Council has resolved to permanently close the 5th Avenue vegetable trading market, citing the need to enhance urban planning, improve safety, and support sustainable business growth. The...Published: 09 Feb 2025 at 11:24hrs | 2360 | by Staff reporter
Bulawayo City Council steps up efforts to restore order in CBD
The Bulawayo City Council (BCC) has announced plans to maintain a strong security presence at key vending sites and illegal commuter pick-up points in the Central Business District (CBD) as part of it...Published: 09 Feb 2025 at 11:23hrs | 958 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe's Constitutional Court rules against arbitrary Home demolitions
The Constitutional Court has dealt a decisive blow to local authorities' power to demolish homes without judicial oversight, declaring such actions unconstitutional. This landmark ruling reinforces pr...Published: 07 Feb 2025 at 06:33hrs | 199 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Zimbabwe's retail sector faces crisis
Zimbabwe's retail sector is in crisis, with more than 1,000 jobs lost so far this year due to an escalating economic downturn, as several key players signal their intention to exit the market. Regiona...Published: 06 Feb 2025 at 09:11hrs | 1437 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1625 | by Staff reporter
Illegal vendors conduct clean-up exercise
Illegal vendors in Bulawayo's Ward 14 took the initiative on Saturday to conduct a clean-up exercise at the Hawkflight intersection in Cowdray Park, with the aim of impressing the local council and av...Published: 05 Feb 2025 at 12:00hrs | 175 | by Staff reporter
Mnangagwa returns from annual leave
President Emmerson Mnangagwa has officially resumed his duties after a month-long annual leave, with a clear focus on addressing Zimbabwe's economic growth and stability. Deputy Chief Secretary in the...Published: 05 Feb 2025 at 11:46hrs | 81 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 350 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1014 | by Tendai Ruben Mbofana
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2005 | by Staff reporter
Zimbabwe tightens noose on informal sector
The government has announced stringent measures aimed at protecting the formal sector from what it describes as unfair competition posed by informal traders.In a statement released on Friday f...Published: 01 Feb 2025 at 08:56hrs | 623 | by Staff reporter
Time ticking out for Mnangagwa
2025 is going to be a very busy year in Zimbabwe politically, socially, and economically.There are really fundamental concerns that are gaining centre stage in the political sector, to be spec...Published: 31 Jan 2025 at 16:08hrs | 2183 | by Leonard Koni
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 551 | by Staff reporter
Zimbabwe economy implodes
Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retai...Published: 29 Jan 2025 at 08:49hrs | 1329 | by Staff reporter
Zanu-PF team monitors Beitbridge operations
The ruling ZANU-PF party has deployed senior members of its Economic Development Cluster on a two-day working visit to Beitbridge Border Post to assess the implementation of economic development polic...Published: 29 Jan 2025 at 08:43hrs | 278 | by Staff reporter
ZIMRA warned against intensified anti-smuggling campaign
Experts in the retail sector have called for caution in the government's ongoing anti-smuggling campaign, warning that its current trajectory may lead to sharp increases in the prices of basic commodi...Published: 28 Jan 2025 at 07:07hrs | 1447 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1077 | by Staff reporter
10 800 drivers arrested in blitz
Authorities have intensified efforts to restore order on Zimbabwe's roads, arresting more than 10,800 commuter omnibuses, pirate taxis, and 265 touts under the ongoing police operation code-named "No ...Published: 28 Jan 2025 at 06:58hrs | 262 | by Staff reporter
Chiwenga warns Chivhayo, tips on succession
Acting President General (Retired) Constantino Chiwenga has warned showy businessman, Wicknell Chivhayo from corruptly acquiring and splashing the c...Published: 27 Jan 2025 at 11:37hrs | 6849 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe's retail sector faces collapse
The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and ...Published: 27 Jan 2025 at 08:16hrs | 381 | by Staff reporter
Man plunged into mine shaft over US$10 dispute
A 34-year-old man has been arrested for murder after allegedly pushing his colleague into a disused mine shaft at SOS Claim, Jumbo Mine, Mazowe, following a dispute over US$10.Police have iden...Published: 24 Jan 2025 at 07:23hrs | 121 | by Staff reporter
ZRP, ZPCS own informal bus terminus, pirate taxis
Officers from both the Zimbabwe Republic Police (ZRP), Zimbabwe Prisons and Correctional Services (ZPCS) and some government officials are operating parallel ranks with their immune-to-arrest fleet (M...Published: 20 Jan 2025 at 14:20hrs | 1624 | by Gideon Madzikatidze
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2078 | by Staff reporter
Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 83 | by Staff reporter
Zimbabwe's high economic growth rate actually shows a struggling economy
The government of Zimbabwe has consistently paraded the positive economic growth rate experienced over the past few years as a sign of a robust and thriving economy. To bolster its narrative, ...Published: 19 Jan 2025 at 12:23hrs | 435 | by Tendai Ruben Mbofana
Experts reveal real causes of retail giants woes
Industry experts have emphasized that Zimbabwe's retail giants, including OK Zimbabwe, are not struggling because of the government's ongoing anti-smuggling crackdown, but due to their over-reliance o...Published: 18 Jan 2025 at 18:33hrs | 2202 | by George Tshuma
ED can achieve vision 2030 earlier if he obsessed over it as he did extending his presidency
President Emmerson Mnangagwa's bid to extend his presidency beyond the constitutionally mandated two five-year terms has sparked intense debate, particularly given the justification being touted for t...Published: 18 Jan 2025 at 11:10hrs | 279 | by Tendai Ruben Mbofana
South Africa border authorities intercept R500k Zimbabwe-bound contraband
South African border authorities thwarted a major smuggling operation on Saturday, intercepting goods valued at approximately R500,000 being transported into Zimbabwe via the swollen Limpopo River on ...Published: 13 Jan 2025 at 17:34hrs | 1256 | by Staff reporter
Migrants, army face-off along South Africa-Zimbabwe border
EVERYDAY, Fadzai Musindo walks across the border between Zimbabwe and South Africa - sometimes via the official border post but usually by taking the more dangerous informal route.Streams of m...Published: 13 Jan 2025 at 07:25hrs | 1310 | by Staff reporter
ZRP clarifies objectives of road traffic operation
The Zimbabwe Republic Police (ZRP) has emphasized that its ongoing traffic enforcement operation is aimed at curbing road lawlessness and ensuring the safety of all road users.The operation, c...Published: 11 Jan 2025 at 08:18hrs | 1038 | by Staff reporter
If ZANU-PF regime cracked down on gold smugglers as they do small businesses, Zimbabwe would prosper
This morning, while in town, I had a fascinating encounter with a lady entrepreneur who owns a small clothing business. After recognizing me as the author of articles she regularly reads, she ...Published: 09 Jan 2025 at 08:33hrs | 478 | by Tendai Ruben Mbofana
Haddon and Sly, Amaya Mall shut in latest Zimra crackdown
Scores of traders operating at Haddon and Sly Building and Amaya Mall in Bulawayo's central business district were locked out yesterday after the Zimbabwe Revenue Authority (Zimra) closed the premises...Published: 01 Jan 2025 at 10:18hrs | 12710 | by Staff reporter
ZANU-PF has destroyed Zimbabweans' ability to dream big
If anyone wants to understand the depths to which the ZANU-PF government has destroyed the lives of ordinary Zimbabweans, they only need to watch the state-controlled broadcaster, the Zimbabwe Broadca...Published: 30 Dec 2024 at 11:53hrs | 449 | by Tendai Ruben Mbofana
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3079 | by Staff reporter
BCC urged to leverage on its properties
Bulawayo residents have called on the local authority to leverage its numerous properties across the city to generate revenue, which could improve service delivery. Representatives from the Bulawayo U...Published: 25 Dec 2024 at 08:22hrs | 433 | by Staff reporter
Buses hike fares
Zimbabweans gearing up for festive holiday travel were left frustrated yesterday as transport operators hiked fares by over 50%, exploiting the surge in demand. This comes against the backdrop of a st...Published: 24 Dec 2024 at 12:32hrs | 1668 | by Staff reporter
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