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The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 69 | by Staff Reporter
Bulawayo firm urged to seize lithium battery opportunities
A Bulawayo-based engineering company, VEET Engineering, has been encouraged to tap into the booming global market for lithium batteries and contribute to Zimbabwe's industrial growth and economic reco...Published: 25 Apr 2025 at 08:22hrs | 321 | by Staff reporter
Mutapa clarifies Kuvimba's US$1,9 billion acquisition
The Government of Zimbabwe has provided clarity on the funding structure used for its acquisition of a 35 percent stake in Kuvimba Mining House (KHM), the country's largest mining asset, by the Mutapa...Published: 25 Apr 2025 at 07:40hrs | 352 | by Staff reporter
China reaffirms commitment to Zimbabwe's industrialisation agenda
Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...Published: 25 Apr 2025 at 07:27hrs | 21 | by Staff reporter
Huayou Cobalt bets on Arcadia Lithium Mine
Chinese battery manufacturing giant Huayou Cobalt is intensifying its focus on Zimbabwe's Arcadia Lithium Mine, as it pushes forward with a lithium sulfate project aimed at significantly reducing prod...Published: 25 Apr 2025 at 07:23hrs | 60 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 783 | by Farai Matiashe, Al Jazeera
Ministers woo investment to Matebeleland
Provincial Affairs and Devolution Ministers from Bulawayo, Matebeleland North, and Matebeleland South have urged investors to explore the untapped opportunities in the region, stressing the potential ...Published: 24 Apr 2025 at 07:27hrs | 207 | by Staff reporter
ALROSA to double investment in Zimbabwe's diamond sector
ALROSA, the world's largest diamond producer by output, has announced plans to double its initial investment in its joint venture with the Zimbabwe Consolidated Diamond Company (ZCDC), in a move that ...Published: 24 Apr 2025 at 07:20hrs | 142 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 24 Apr 2025 at 07:08hrs | 137 | by Staff reporter
Bulawayo defies stay-away calls
Bulawayo residents demonstrated clear defiance against the so-called stay-away called by discredited former Zanu-PF Central Committee member, Blessed Geza, as the Zimbabwe International Trade Fair (ZI...Published: 23 Apr 2025 at 08:33hrs | 172 | by Staff reporter
India reassures Zim collaboration, applauds Chiwenga
BULAWAYO - India's Ambassador to Zimbabwe, His Excellency Bramha Kumar appreciated Zimbabwe International Trade Fair's (ZITF) business to business arrangements and emphasised the growing interest of I...Published: 22 Apr 2025 at 22:10hrs | 604 | by Gideon Madzikatidze/Simbarashe Sithole
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 22 Apr 2025 at 08:29hrs | 6436 | by Staff reporter
Tobacco sales rake in US$279m
Zimbabwean tobacco farmers have earned US$279 million from the sale of 81.3 million kilogrammes of flue-cured tobacco so far this season, as the industry intensifies efforts to locally process at leas...Published: 22 Apr 2025 at 07:36hrs | 43 | by Staff reporter
Chiefs, Churches unite to promote religious tourism
CHIVHU - As custodians of culture working closely with clergymen, several chiefs and indigenous churches in Chikomba District (Mashonaland East province) coalesced into establishing infrastructures wh...Published: 21 Apr 2025 at 12:05hrs | 340 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chikomba
Modi acquires Choppies Zimbabwe for US$260,000 after selling it for US$22 million
Deputy Industry Minister and prominent businessman Raj Modi has acquired Choppies Zimbabwe for just US$260,000, marking a dramatic turn in the retail chain's fortunes more than a decade after the Bots...Published: 17 Apr 2025 at 20:46hrs | 2695 | by Staff reporter
Zimbabwe's mineral revenues decline despite volume surge
Zimbabwe's mining sector delivered a mixed performance in the first quarter of 2025, with mineral export volumes registering notable growth, but overall revenues falling sharply. This is according to ...Published: 17 Apr 2025 at 07:34hrs | 153 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 128 | by Staff reporter
Zimbabwe manufacturing sector faces challenges
Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...Published: 16 Apr 2025 at 23:23hrs | 89 | by Staff reporter
New policy to cut Zimbabwe's energy intensity
The Government of Zimbabwe has launched the National Energy Efficiency Policy, a new initiative aimed at reducing the country's energy intensity to meet global standards. The policy, introduced last w...Published: 16 Apr 2025 at 23:21hrs | 101 | by Staff reporter
Ex-MP accuses suspected land barons of trying to overturn High Court order
Former Mount Pleasant legislator Jason Pasade has accused Eastwind Trust owners, Rodgers Pote and Trymore Arineshito, of attempting to manipulate the lower courts to reverse a High Court eviction orde...Published: 16 Apr 2025 at 23:16hrs | 83 | 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 | 1033 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 630 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 170 | by Staff reporter
Zimbabwe has plenty of opportunities in renewable energy
Energy and Power Development Minister, July Moyo, has emphasized that Zimbabwe offers "abundant opportunities" for investors in the renewable energy sector. Speaking at the International Renewable Ene...Published: 10 Apr 2025 at 09:09hrs | 91 | by Staff reporter
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3602 | by Staff reporter
Zimbabwe decentralises title deed processing system for farms
The Government has embarked on a nationwide decentralisation of the farm title deed processing system in a bold move to streamline land tenure services and improve access for farmers across the countr...Published: 06 Apr 2025 at 11:24hrs | 213 | by Staff reporter
Choppies exits Zimbabwe with US$1 million loss
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately US$1.02 million) following the disposal of its Zimbabwean operations in December...Published: 04 Apr 2025 at 13:39hrs | 1104 | by Staff reportetr
Zanu-PF intensifies campaign in Glen View
Zanu-PF has ramped up its campaign efforts in Glen View South as the party prepares for a decisive by-election on April 12. With all structures mobilized, teams have been deployed for roadshows and do...Published: 03 Apr 2025 at 08:13hrs | 178 | by Staff reported
US$400,000 tender lands ex-Harare officials in court
TWO former senior City of Harare officials were yesterday arraigned before the court to answer to a criminal abuse of office charge involving a fraudulent US$465 290 tender award for the Mbare Biogas ...Published: 02 Apr 2025 at 08:56hrs | 149 | by Staff reporter
Bulawayo councillor opposes water privatisation
A Bulawayo city councillor has urged the municipality to retain full control of the proposed water utility, arguing that local ownership is the best approach for managing the city's water supply....Published: 01 Apr 2025 at 15:05hrs | 349 | by Staff reporter
Judge faces serious allegations of attempting to defraud Zimasco
Zimbabwe Alloys and Smelting Company (ZIMASCO) has formally lodged a complaint with the Judicial Services Commission (JSC) against High Court Judge Joel Mambara, alleging judicial misconduct in a case...Published: 28 Mar 2025 at 12:28hrs | 2714 | by Staff reporter
Actions for defense of African countries took place in European capitals
Anti-colonialists came to the streets of Europe's largest cities to talk about the consequences of today's NATO and EU policies, which, according to the organizers, are aimed at enslaving the peoples ...Published: 28 Mar 2025 at 11:18hrs | 122 | by Staff Reporter
Zimbabwe engages diaspora community to boost investment
Zimbabwe's diaspora community plays a vital role in the country's development, and the Government is actively engaging them to facilitate access to investment opportunities, Foreign Affairs and Intern...Published: 28 Mar 2025 at 05:42hrs | 124 | by Staff reporter
Bulawayo deputy mayor to have his day in court over bribery allegations
The bribery case involving Bulawayo Deputy Mayor Edwin Ndlovu and Finance and Development Chairperson Councillor Mpumelelo Moyo is set to be heard tomorrow in court. The two are facing charges of soli...Published: 27 Mar 2025 at 06:17hrs | 246 | by Staff reporter
Diaspora remittances surge 7,5% in February
Diaspora remittances to Zimbabwe grew by 7.5 percent in February 2025, reaching US$165 million, up from US$153.8 million in the same month last year. The increase highlights the continued importance o...Published: 26 Mar 2025 at 06:46hrs | 103 | by Staff reporter
Message for all Zimbabwe's Property Owners
The conviction of Prosper Bizwick by Harare magistrate Ethel Sichera has shed light on the deep-rooted corruption within the Deeds Office, exposing how those entrusted with public service can betray t...Published: 25 Mar 2025 at 21:56hrs | 1382 | by Engineer Jacob Kudzayi Mutisi
Dakamela Achievers Awards
The Chief Dakamela Achievers Awards/ Imiklomelo Kadakamela are a significant initiative in reviving and promoting Mthwakazi economy, culture and traditions.Eco...Published: 23 Mar 2025 at 21:09hrs | 642 | by Sam Velaphi Mabhena
Zimbabwe, India continue strengthening educational and technological relations
Zimbabwe and India have continued to strengthen their bilateral relations through collaborative cooperation in the fields of technology, trade and educational exchange programmes, the recent Indian Te...Published: 19 Mar 2025 at 15:13hrs | 236 | by Gideon Madzikatidze/Simbarashe Sithole
Zapu bemoans Zimbabwe's ailing health sector
The recent death of uGogo Rose Nyathi, "a Bulawayo celebrity, human rights activist, and informal comedian", who was laid to rest at Lady Stanley Cemetery highlighted some of the anomalies in our heal...Published: 16 Mar 2025 at 13:06hrs | 415 | by Dr Themba Bulle, ZAPU Deputy Secretary for Health and Welfare
Zimbabwe to reform electricity pricing
Zimbabwe is set to introduce regulatory changes in its electricity pricing system to allow producers to sell power at competitive rates, ensuring they can recoup costs and sustain operations.E...Published: 16 Mar 2025 at 09:24hrs | 311 | by Staff reporter
BCC reduces parking exemption hours for senior citizens
The City of Bulawayo has announced a reduction in monthly parking exemption hours for senior citizens, citing financial losses exceeding US$119,000 from the initiative last year. As a result, the exem...Published: 16 Mar 2025 at 09:23hrs | 236 | by Staff reporter
Zimbabwe asset management landscape shifting
The asset management landscape in Zimbabwe is undergoing a significant transformation, with notable shifts in the allocation of funds under management (FUM), signaling a more cautious and strategic ap...Published: 15 Mar 2025 at 12:01hrs | 258 | by Staff reporter
Zimbabwe
Zimbabwe has faced numerous challenges in recent years, including economic instability, political turmoil, and social unrest. As the country looks to the future, there are several factors that will ha...Published: 14 Mar 2025 at 19:46hrs | 420 | by Mlilo Joyinani and Ndaba M. Nhuku
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 77 | by Dr Bekithemba Mpofu
Organisational consequences of non-compliance with Zimbabwe's Data Protection Regulations
Insurance, banks, mobile service providers, funeral assurance providers, in fact any company that stores personal data, the advent of the Cyber and Data Protection Act in Zimbabwe marks a significant ...Published: 13 Mar 2025 at 16:34hrs | 180 | by Jacob Kudzayi Mutisi
India charms Zim SMEs, collaboration bears fruits
Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show h...Published: 13 Mar 2025 at 16:10hrs | 170 | by Gideon Madzikatidze/Simbarashe Sithole
BCC, TTI launch crackdown on illegal taxis
The Bulawayo City Council (BCC) and Tendy Three Investments (TTI) have teamed up for a joint operation aimed at curbing the growing problem of illegal taxis, locally known as Mshikashika, in the city ...Published: 12 Mar 2025 at 11:39hrs | 569 | by Staff reporter
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 545 | by Staff reporter
Bulawayo dams remain critically low since Independence
Despite this year's above-normal rainfall season, Bulawayo could still face extended periods without water, with the local authority warning of a potential crisis that could rival some of the worst in...Published: 09 Mar 2025 at 13:17hrs | 103 | by Staff reporter
Zimbabwe welcomes US investment in coal production
Zimbabwe is prepared to welcome investment in coal production from the United States following Washington's major shift in energy policy, which now seeks partnerships with African countries in coal pr...Published: 09 Mar 2025 at 13:07hrs | 314 | by Staff reporter
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