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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: 11 hrs ago | 73 | 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 | 103 | by Staff reporter
Botswana gets $304 million AfDB loan
The African Development Bank (AfDB) has approved a $304 million loan to Botswana as the country grapples with rising fiscal pressures and seeks to implement crucial governance and economic reforms. Th...Published: 16 May 2025 at 17:29hrs | 437 | by Staff reporter
MPs refuse to 'protect and secure' Mnangagwa's Belarus deals
President Emmerson Mnangagwa presided over the signing of several Memoranda of Understanding (MoUs) with the Belarusian government in Minsk on Tuesday, but back home, opposition legislators blocked th...Published: 16 May 2025 at 14:10hrs | 1078 | by Staff reporter
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 84 | by Staff reporter
Setting the record straight on Qoki Zindlovukazi Land Projects
I would like to set the record straight on the opinion piece by Solabanye Nqabeni titled The Uphill Battle of Economic ...Published: 15 May 2025 at 18:19hrs | 1651 | by Yolandah Nyathi
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 764 | by Staff reporter
Gwanda to introduce paid parking in CBD
Gwanda Municipality is set to introduce paid parking in the Central Business District (CBD) as part of its efforts to maintain order and improve revenue collection in the mining town.This move...Published: 15 May 2025 at 09:27hrs | 186 | by Staff reporter
ZSE launches AI-enabled data direct platform
The Zimbabwe Stock Exchange Limited (ZSE) has unveiled Data Direct, a new artificial intelligence (AI)-enabled platform designed to improve access to comprehensive market data as part of its digital t...Published: 15 May 2025 at 09:19hrs | 24 | by Staff reporter
The Uphill Battle for Economic Freedom: The Story of Qoki Women of Zimbabwe
The challenges of trying to gain economic freedom as women in Africa are not limited to having to fight against some men who are bent on denying you that freedom to keep you dependent and subservient....Published: 14 May 2025 at 21:30hrs | 738 | by Solabanye Nqabeni
Zimbabwe, EU celebrate growing trade
Zimbabwe and the European Union (EU) have marked a significant milestone in their growing economic partnership, with trade between the two entities increasing by 30% and foreign direct investment (FDI...Published: 13 May 2025 at 10:23hrs | 105 | by Staff reporter
Workers, management clash over Ngamo Safaris takeover
Employees at Ngamo Safaris in Tsholotsho, Matabeleland North, are protesting a controversial decision by management to lease the safari camp to a new investor without following the proper tender proce...Published: 13 May 2025 at 10:16hrs | 274 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 159 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 97 | by Staff reporter
Zimbabwe introduces online visa applications
Zimbabwe has launched a new online visa application system, allowing travellers from countries requiring a visa to apply electronically, in a major move to modernise the country's immigration processe...Published: 12 May 2025 at 14:02hrs | 716 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 803 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1684 | by Staff reporter
Scottland FC welcomes Zotus Group delegation
Zimbabwe is this week hosting a high-powered delegation from global investment powerhouse Zotus Group, which is in the country from May 9 to 14, 2025, to explore large-scale investment opportunities a...Published: 11 May 2025 at 15:46hrs | 1155 | by Staff reporter
Giant lithium miner displaces villagers in Zimbabwe
A tense standoff is unfolding in Bikita, where eight families settled on George Nollen Farm under Chief Marozva in the year 2000, as part of Zimbabwe's land reform programme, are now facing eviction. ...Published: 11 May 2025 at 12:44hrs | 503 | by Staff reporter
Zwigananda roped into Egodini Mall project
Better Brands Construction, a company owned by businessman and ZANU-PF politician Scott Sakupwanya, has been brought on board in a last-ditch attempt to revive the long-delayed Egodini Mall redevelopm...Published: 10 May 2025 at 14:21hrs | 4089 | by Staff reporter
Zimbabwe govt still struggling to revive ZISCO Steel
Years after pledging to revive the defunct ZISCO Steel, the Zimbabwean government is still grappling to present a clear, actionable plan for restoring the once-iconic steel manufacturer to its former ...Published: 09 May 2025 at 13:06hrs | 445 | by Staff reporter
Zimbabwe mines ministry steps up EPOs review
The Ministry of Mines and Mining Development is intensifying its review of Exclusive Prospecting Orders (EPOs) as part of a broader effort to eliminate speculative land holding and unlock Zimbabwe's v...Published: 09 May 2025 at 11:01hrs | 138 | by Staff reporter
John Pocock and Company celebrate 70 years of service in Bulawayo
From humble beginnings in a single-room office to becoming one of Bulawayo's most trusted names in real estate, John Pocock and Company is celebrating a remarkable 70-year milestone in 2025 - a testam...Published: 09 May 2025 at 11:01hrs | 210 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 102 | by Staff reporter
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 37 | by Staff reporter
Chivayo, Bushiri cases dominate Anti-Corruption Conference
The high-profile cases of fugitive Malawian preacher Shepherd Bushiri and controversial Zimbabwean businessman Wicknell Chivayo have taken centre stage at the 15th Commonwealth Regional Conference for...Published: 07 May 2025 at 15:47hrs | 1881 | by Staff reporter
OK Zimbabwe targets US$30 million capital raise to revive operations
OK Zimbabwe Limited, the country's largest retail chain, says it is in advanced discussions to raise US$30 million in fresh capital as part of a strategic plan to revive its operations, clear debts, a...Published: 07 May 2025 at 09:22hrs | 324 | by Staff reporter
'Zimbabwe has huge export potential in floriculture'
Zimbabwe's national trade development and promotion agency, ZimTrade, has spotlighted floriculture as a profitable and viable agricultural venture, urging farmers to diversify into flower production t...Published: 07 May 2025 at 09:21hrs | 105 | by Staff reporter
Matebeleland MPs applaud rural industrialisation drive
Legislators from the Matebeleland region have expressed strong support for the government's emphasis on rural industrialisation, a key theme at this year's Zimbabwe International Trade Fair (ZITF). Ho...Published: 06 May 2025 at 08:56hrs | 487 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 809 | by Staff reporter
Zimbabwe introduces rebate for EV Charging systems
In a bid to accelerate the adoption of electric vehicles (EVs) and strengthen sustainable energy infrastructure, the Government of Zimbabwe has introduced a duty rebate on imported equipment used to s...Published: 04 May 2025 at 09:13hrs | 385 | by Staff reporter
Chiwenga touches down in Italy
Vice President Dr Constantino Chiwenga has arrived in Italy for a working visit that will see him engage with the leadership of the Roman Catholic Church and explore social development and investment ...Published: 01 May 2025 at 16:40hrs | 1025 | by Staff reporter
Chamisa slams Mnangagwa's borehole projects
Former Citizens Coalition for Change (CCC) leader Nelson Chamisa has launched a blistering critique of President Emmerson Mnangagwa's Presidential Borehole Scheme, accusing the government of failing t...Published: 01 May 2025 at 12:18hrs | 990 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 642 | by Staff reporter
Lupane methane gas project set to begin operations in Q2 2025
The Lupane Methane Gas (LMG) Project is expected to commence operations in the second quarter of 2025, according to the project's executive chairperson, Thabani Hove.Hove revealed that the pro...Published: 29 Apr 2025 at 07:12hrs | 454 | by Staff reporter
Old Gwanda Road rehabilitation begins
Preparations for the much-anticipated rehabilitation of the Old Gwanda Road have officially begun, marking a significant move towards improving the region's road network. The project, which is expecte...Published: 28 Apr 2025 at 12:36hrs | 292 | by Staff reporter
Chiwenga meets Iranian President
Vice President Dr. Constantino Chiwenga today held productive discussions with Iranian President Mosoud Pezeshkian on enhancing bilateral relations between Zimbabwe and Iran. The meeting took place on...Published: 28 Apr 2025 at 12:34hrs | 214 | by Staff reporter
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 81 | by Staff reporter
ZITF 2025 generates US$10 million worth of deals
The 65th edition of the Zimbabwe International Trade Fair (ZITF) concluded on a high note yesterday, generating business deals worth up to US$10 million and securing significant trade agreements, rein...Published: 28 Apr 2025 at 12:32hrs | 59 | 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
Gwanda unveils investment incentives
The Municipality of Gwanda has launched a comprehensive set of strategic economic incentives aimed at unlocking investment and accelerating growth in key sectors such as agro-processing, mineral proce...Published: 28 Apr 2025 at 12:26hrs | 63 | 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 | 195 | by Staff reporter
Minister lauds Bulawayo for supporting successful ZITF showcase
Bulawayo Provincial Affairs and Devolution Minister, Judith Ncube, has praised the residents of the city for their outstanding support during the 65th edition of the Zimbabwe International Trade Fair ...Published: 28 Apr 2025 at 12:24hrs | 72 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 28 | by Staff reporter
Zanu-PF delegation back from China with optimism for investment
A high-level ZANU-PF delegation has returned from a successful week-long exchange programme in China, expressing optimism about the potential for increased investments from the Far East. The visit, wh...Published: 28 Apr 2025 at 12:17hrs | 42 | by Staff reporter
Zimbabwe has removed barriers to trade, says Chiwenga
Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...Published: 28 Apr 2025 at 12:14hrs | 197 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 20 | by Staff reporter
Swiss Ambassador accused of meddling in Gukurahundi hearings
Switzerland's ambassador to Zimbabwe, Stephane Rey, has come under fire for allegedly interfering in the Gukurahundi hearings, with accusations that his actions are aimed at sabotaging the sensitive r...Published: 26 Apr 2025 at 09:41hrs | 668 | by Staff reporter
ZIDA issues US$4,7 billion licences
Zimbabwe has recorded a major boost in investment interest, with the Zimbabwe Investment and Development Agency (ZIDA) issuing 207 new licences worth a combined US$4.7 billion during the first quarter...Published: 26 Apr 2025 at 09:36hrs | 113 | by Staff reporter
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 | 92 | by Staff Reporter
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