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Simbarashe Sithole not guilty
Journalist Simbarashe Sithole has been acquitted of extortion and bribery charges after a high-profile legal battle that drew national attention, raising critical questions about media freedom and the...Published: 37 secs ago | | by Staff reporter
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 4 hrs ago | 58 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 9 hrs ago | 397 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 14 hrs ago | 106 | by Staff reporter
Bulawayo City Council launches crackdown to clean CBD
Bulawayo City Council (BCC) has embarked on a city-wide crackdown targeting illegal street vending, with intensified day and night raids now actively underway in the Central Business District (CBD). T...Published: 18 Jun 2025 at 18:09hrs | 219 | by Staff reporter
Mnangagwa's wife engages Asian investor in Dubai
First Lady Dr Auxillia Mnangagwa, who is currently in the United Arab Emirates for the 7th Edition of the Merck Foundation First Ladies Initiative (MFFLI) Summit, has kickstarted a series of high-leve...Published: 18 Jun 2025 at 07:30hrs | 180 | by Staff reporter
RBZ suspends mop-up gold coin sales
The Reserve Bank of Zimbabwe (RBZ) has announced the immediate suspension of its mop-up sale of gold coins following the successful conclusion of the clearance exercise.In a statement issued b...Published: 17 Jun 2025 at 11:16hrs | 551 | by Staff reporter
ZIDA launches grievance response mechanism
In a landmark move aimed at enhancing Zimbabwe's investment climate, the Zimbabwe Investment and Development Agency (ZIDA) has launched the Investor Grievance Response Mechanism (IGRM) - a formal syst...Published: 17 Jun 2025 at 07:24hrs | 38 | by Staff reporter
Zimbabwe's RTG reports sharp rebound in foreign tourist arrivals
Zimbabwe's largest hotel operator, Rainbow Tourism Group (RTG), has reported a strong rebound in foreign guest arrivals, signaling a wider recovery in the region's hospitality sector as international ...Published: 16 Jun 2025 at 14:42hrs | 141 | by Staff reporter
Cyber hackers target Zimbabwe's national emails and websites
ZIMBABWE is facing a serious digital threat as international cyber hackers intensify their attacks on government, educational and business websites. This year, several Zimbabwean websites have been de...Published: 16 Jun 2025 at 14:36hrs | 45 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe to boost steel, coal exports to DRC amid growing demand
Zimbabwe should capitalise on its expanding steel and coal industries to increase exports to the Democratic Republic of Congo (DRC), where demand for these commodities is rapidly growing, Mines and Mi...Published: 13 Jun 2025 at 06:29hrs | 794 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 180 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1046 | by Staff reporyter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 305 | by Staff reporter
Bulawayo councillors raise alarm over tough business registration rules
Bulawayo city councillors have voiced serious concern over the stringent registration requirements imposed by the local authority on small business operators, warning that the rigid system is fuelling...Published: 10 Jun 2025 at 08:44hrs | 157 | by Staff reporter
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 421 | by Staff reporter
Gated communities redefine Bulawayo's residential landscape
Once considered exclusive enclaves for the elite, gated communities are rapidly transforming the urban fabric of Bulawayo, introducing new standards of security, lifestyle, and legal property ownershi...Published: 09 Jun 2025 at 08:42hrs | 5051 | by Staff reporter
Diesel prices fall slightly
Local motorists and businesses are enjoying a modest but welcome reprieve as diesel prices steadily declined over the first half of 2025.From January to June, the price of diesel dropped by ab...Published: 09 Jun 2025 at 08:40hrs | 175 | by Staff reporter
Mnangagwa wants Zimbabweans to embrace culture of responsible waste disposal
The capital's long-standing waste collection crisis is expected to ease significantly following the commissioning of the Geo Pomona Waste Sorting Plant, along with a fleet of refuse trucks and other e...Published: 08 Jun 2025 at 11:52hrs | 31 | by Staff reporter
Zimbabwe and Zambia Strengthen Bilateral Trade Ties Amid Shifting Global Dynamics
Mt Hampden, Zimbabwe - In a bid to fortify economic cooperation, Zimbabwe and Zambia have outlined clear strategies to enhance their bilateral trade, emphasizin...Published: 07 Jun 2025 at 19:13hrs | 275 | by Staff Reporter
Mberengwa villagers praise Kuvimba Mining House
Mberengwa, Midlands Province - Villagers in Mberengwa district have applauded Kuvimba Mining House (KMH) for generating employment opportunities for local youths and easing social pressures within the...Published: 07 Jun 2025 at 10:42hrs | 219 | by Staff reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 118 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 177 | by Staff reporter
Zimbabwe mining offenders to lose titles under new enforcement drive
Mines and Mining Development Minister Winston Chitando has issued a stern warning to Zimbabwe's mining industry, declaring that operators who flout environmental and legal regulations will lose their ...Published: 06 Jun 2025 at 12:05hrs | 244 | by Staff reporter
Kariba turns into ghost town
The eastern shoreline of Kariba, once a crown jewel in Zimbabwe's tourism industry, is fast slipping into obscurity as tourism operators flee the area amid plummeting visitor numbers, collapsing infra...Published: 06 Jun 2025 at 12:04hrs | 11386 | by Staff reporter
Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 06 Jun 2025 at 12:03hrs | 263 | by Staff reporter
Zimbabwe deploys drones along Mozambique border
The Zimbabwean government has intensified efforts to clamp down on smuggling along the country's porous eastern border with Mozambique through the full-scale deployment of drone surveillance technolog...Published: 06 Jun 2025 at 09:44hrs | 837 | by Staff reporter
U.S. Ambassador slams corruption in Zimbabwe
United States Ambassador to Zimbabwe, Pamela Tremont, has described corruption as a "cancer" that is depriving Zimbabweans of their national wealth and severely undermining trade and investment prospe...Published: 06 Jun 2025 at 09:41hrs | 184 | by Staff reporter
Zimbabwe doesn't need 249 years to fight corruption, Mr. Murwira!
The Zimbabwe government never ceases to amaze.During the recent United States Independence Day commemorations in Harare, the American ambassador to Zimbabwe, Pamela Tremont, described corrupti...Published: 06 Jun 2025 at 08:26hrs | 232 | by Tendai Ruben Mbofana
Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 05 Jun 2025 at 14:20hrs | 828 | by Staff reporter
ZIDA to rollout e-regulation portal next month
The Zimbabwe Investment and Development Agency (ZIDA) is set to launch a new e-regulation portal by mid-July, in a major digital reform aimed at improving the ease of doing business and enhancing tran...Published: 05 Jun 2025 at 11:35hrs | 141 | by Staff reporter
Stanbic named best banking brand in Zimbabwe
Stanbic Bank Zimbabwe has been named the Best Banking Brand in Zimbabwe by the internationally acclaimed Global Brands Magazine, further cementing its reputation as a leader in the financial services ...Published: 05 Jun 2025 at 11:35hrs | 145 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 590 | by Staff reporter
RBZ projects inflation drop by September
The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...Published: 04 Jun 2025 at 13:31hrs | 130 | by Staff reporter
New twist to Fools Mine saga
A legal storm is unfolding at Fools Investments (Pvt) Ltd, with corporate rescue practitioner Dumisani Dube raising alarm over alleged interference by a Zimbabwe Anti-Corruption Commission (Zacc) offi...Published: 03 Jun 2025 at 09:26hrs | 208 | by Staff reporter
'Tsholotsho Gold Project has 1 million gold ounces potential'
United Kingdom-based mining company Ariana Resources Plc has announced that its flagship Dokwe Gold Project in Zimbabwe has the potential to yield more than one million ounces of gold, reinforcing inv...Published: 02 Jun 2025 at 18:40hrs | 660 | by Staff reporter
Khayah Cement delists from Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange (ZSE) has officially announced the voluntary termination of listing for Khayah Cement Limited, effective May 22, 2025, following the company's decision to enter corporate r...Published: 02 Jun 2025 at 16:27hrs | 201 | by Staff reporter
Bulawayo launches city-wide tourism data collection drive
The City of Bulawayo has launched a comprehensive city-wide data collection initiative aimed at transforming the local tourism and hospitality sector into a competitive and sustainable economic ...Published: 02 Jun 2025 at 16:22hrs | 126 | by Staff reporter
Zida courts investors for US$150m Victoria Falls project
The Zimbabwe Investment and Development Agency (ZIDA) is actively seeking both local and international investors to participate in the development of Lot 1 of Jafuta Estate, a flagship project within ...Published: 01 Jun 2025 at 14:26hrs | 97 | by Staff reporter
Tensions escalate as Zimbabwean villagers resist land takeover
Tensions are mounting in the Malipati area of Chiredzi as a land dispute involving local villagers, their headman, and outside investors threatens to destabilise the community. Several villagers have ...Published: 01 Jun 2025 at 14:10hrs | 123 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 60 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1857 | by Staff reporter
Global Investment Conference for Africa 2025 to take place in Harare
Harare is set to host the Global Investment Conference for Africa (GICA) 2025 from September 11 to 13, bringing together prominent business leaders and investors from across the world.Organise...Published: 31 May 2025 at 13:56hrs | 61 | by Staff reporter
Zimbabwe records surge in traveller movements
Zimbabwe is strengthening its reputation as a leading destination for migration and investment in the region, with a notable increase in traveller movements recorded in the first quarter of 2025....Published: 31 May 2025 at 13:50hrs | 138 | by Staff reporter
Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 30 May 2025 at 12:16hrs | 481 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 30 May 2025 at 12:09hrs | 213 | by Staff reporter
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 29 May 2025 at 13:22hrs | 3804 | by Staff reporter
Mnangagwa warns media against misinformation
President Emmerson Mnangagwa yesterday issued a stern warning to media practitioners against disseminating harmful information that tarnishes Zimbabwe's image, particularly in the eyes of global inves...Published: 29 May 2025 at 12:21hrs | 244 | by Staff reporter
Harare CBD buildings crumble as businesses flee to suburbs
At least 31 percent of buildings in Harare's central business district (CBD) are in poor condition, the city council has revealed, as a growing number of businesses abandon the area in favour of subur...Published: 29 May 2025 at 10:15hrs | 241 | by Staff reporter
Zimbabwe's weighted inflation rate hits 0% in May
Zimbabwe's monthly weighted average inflation rate fell to 0 percent in May 2025, marking a significant step toward economic stability and price predictability across both local and foreign currency m...Published: 29 May 2025 at 10:12hrs | 119 | by Staff reporter
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