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Shell companies siphon US$450m from Zimbabwe, SA
A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion i...Published: 9 hrs ago | 253 | by Staff reporter
FBC urges clear Zimbabwe de-dollarisation framework
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves....Published: 14 hrs ago | 317 | by Staff reporter
Chinese cement company slapped with US$10,000 fine
Chinese cement manufacturer Shuntai Investments (Private) Limited has been fined US$10,000 for contempt of court after failing to comply with a provisional order halting the construction of its cement...Published: 14 Aug 2025 at 19:48hrs | 367 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 811 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 124 | by Staff reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 415 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 13 Aug 2025 at 08:49hrs | 197 | by Staff reporter
Zimbabwe prioritises debt clearance
Resolving Zimbabwe's crippling debt overhang has been elevated to a top national priority, with the Government declaring that the success of the arrears clearance and debt resolution process is essent...Published: 12 Aug 2025 at 19:35hrs | 164 | by Staff reporter
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 12 Aug 2025 at 19:33hrs | 82 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 357 | by Staff reporter
ZPRA veterans challenge govt to fulfil liberation promises
The Zimbabwe People's Revolutionary Army (ZPRA) Veterans Association has issued a sharp rebuke of the government's handling of liberation war veterans and the broader citizenry as the nation marks Her...Published: 12 Aug 2025 at 08:23hrs | 88 | by Staff reporter
ZCC blames Zimbabwe govt for road carnage
The Zimbabwe Council of Churches (ZCC) has urged the government to take responsibility for the recent surge in road traffic accidents, pointing to the failure to resuscitate a reliable public transpor...Published: 11 Aug 2025 at 08:57hrs | 331 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 315 | by Staff reporter
Zimbabwe repays US$176 million in external debt
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...Published: 10 Aug 2025 at 12:12hrs | 518 | by Staff reporter
Costs push out horticulture farmers in Zimbabwe
The Horticulture Development Council (HDC) has expressed deep concern over escalating production costs in Zimbabwe's horticulture sector, warning that the trend is driving some farmers to consider rel...Published: 10 Aug 2025 at 12:06hrs | 144 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 127 | by Staff reporter
Chiefs raise red flags over Presidential fish projects
Traditional leaders in Binga, Matabeleland North, have raised alarm over steep licensing fees, limited market access, and cross-border challenges that they say are threatening the long-term viability ...Published: 10 Aug 2025 at 10:09hrs | 127 | by Staff reporter
244 buildings condemned in Bulawayo
Bulawayo City Council has condemned 244 properties across the city as dilapidated and issued urgent renovation notices to their owners, warning of potential enforcement action if repairs are not promp...Published: 10 Aug 2025 at 10:00hrs | 231 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 454 | by Staff reporter
City of Victoria Falls courts Geo Pomona
THE Wetland City of Victoria Falls is in talks with Geo Pomona Waste Management Company to develop a modern waste management system, as the city grapples with mounting sanitation and environmental cha...Published: 09 Aug 2025 at 13:20hrs | 134 | by Staff reporter
Justice Katiyo withdraws 'made-up' ruling
High Court judge Justice Never Katiyo has sensationally rescinded a judgement he delivered just 10 days earlier, after a top lawyer accused him of fabricating the court proceedings.In a fresh ...Published: 08 Aug 2025 at 15:07hrs | 322 | by Staff reporter
Logistics firm in exchange control violation
Mapho Tradelink Procurement and Logistics Private Limited, a leading procurement and logistics company, has been taken to court for allegedly breaching the Exchange Control Act by making payments exce...Published: 08 Aug 2025 at 13:08hrs | 195 | by Staff reporter
ZimRe pushes to recover funds frozen in US
Financial services giant ZimRe Holdings Limited (ZHL) is mounting a fresh bid to reclaim more than US$1,1 million still locked in the United States from the sanctions era, chief executive officer Stan...Published: 08 Aug 2025 at 08:37hrs | 205 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 459 | by Staff reporter
The Power of Mental Transformation: Unlocking Africa's Potential
Mental transformation is the key to unlocking Africa's potential and achieving success in various aspects of life. The mind is a powerful tool that can either limit or empower individuals, communities...Published: 07 Aug 2025 at 16:23hrs | 43 | by Tatenda Hwari
Retailer fined for selling fong kong maize meal
A local business, Natbase Investments (Private) Limited, has been fined US$300 after it was caught selling counterfeit maize meal falsely labelled under a prominent Zimbabwean brand.The compan...Published: 07 Aug 2025 at 13:17hrs | 330 | by Staff reporter
Hwange Colliery sinks US$3,5m in new Equipment
Hwange Colliery Company Limited (HCCL) has injected over US$3.5 million into the acquisition of new equipment as part of its ongoing modernisation and turnaround strategy aimed at boosting Zimbabwe's ...Published: 07 Aug 2025 at 09:41hrs | 162 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 150 | by Staff reporter
Zimbabwe govt licences more import assessors
The Government has expanded the Consignment Based Conformity Assessment (CBCA) Programme by appointing two additional service providers, effective 1 August 2025.The Ministry of Industry and Co...Published: 06 Aug 2025 at 22:11hrs | 275 | by Staff reporter
Govt faces backlash over night vending, pre-used clothes ban
Government is headed for a showdown with informal traders and vendors after announcing a ban on night vending and the sale of second-hand clothes in Harare's central business district.Local Go...Published: 06 Aug 2025 at 08:58hrs | 186 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | by Staff reporter
Kariba mayor under fire for attending Zanu-PF meeting
Kariba mayor Ralph Nyasha Maoneyi finds himself at the centre of controversy after reportedly attending a Provincial Development Committee (PDC) meeting in Chinhoyi that included Zanu-PF leadership, g...Published: 06 Aug 2025 at 08:49hrs | 163 | by Staff reporter
Investor loses US$60K in botched lithium deal
A United Arab Emirates-based company has allegedly lost US$60,620 in a failed lithium deal with a local firm, prompting fraud charges against Nasha Weal Musa, director of Nasha Industries and Commodit...Published: 05 Aug 2025 at 18:27hrs | 563 | by Staff reporter
Why was Makate penalised for SCA Judges' mistakes?
Nkosana Makate has criticised the Constitutional Court for requiring him to pay Vodacom's legal costs in the latest round of his case against the operator over compensation for his Please Call Me Idea...Published: 04 Aug 2025 at 15:03hrs | 421 | by Staff reporter
Majome engages South Africa over denied healthcare for Zimbabweans
Zimbabwe Human Rights Commission (ZHRC) chairperson Jessie Majome says she is hopeful that her recent engagement with South Africa's Public Protector, Advocate Kholeka Gcaleka, will pave the way for Z...Published: 04 Aug 2025 at 14:01hrs | 704 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 458 | by Staff Reporter
Zimbabwe raises US$25.4 million from sugar tax
Zimbabwe has raised ZiG685.8 million, equivalent to approximately US$25.4 million, from the sugar content tax between January and May 2025, with the funds earmarked for the procurement of critical can...Published: 03 Aug 2025 at 18:56hrs | 184 | by Staff reporter
Mutoko locals question true benefits of granite mining
The Mutoko Rural District Council (MRDC) has praised the black granite-rich district as a key pillar of Zimbabwe's mining economy, even as local communities raise concerns over whether they are seeing...Published: 03 Aug 2025 at 18:55hrs | 183 | by Staff reporter
Dairy farmers cry foul over low milk prices
Dairy farmers in Bubi district are struggling to stay afloat as they face a worsening mismatch between the prices offered by milk processors and the rising costs of production, particularly for supple...Published: 03 Aug 2025 at 18:54hrs | 226 | by Staff reporter
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 667 | by Satff reporter
Mathibela faces vote of no confidence over Zanu-PF ties
Tempers are flaring within a faction of the Zimbabwe National Liberation War Veterans Association (ZNLWVA) amid mounting calls for a vote of no confidence in its embattled chairperson, Andreas Ethan M...Published: 03 Aug 2025 at 15:52hrs | 583 | by Staff reporter
Mutsvangwa's half-truths and the need for fact-checking
Mutsvangwa was in his element with half-truths and mistruths, but the tragedy of it all is that no journalist held him to account or even fact checked some of the things he said.The needy and ...Published: 03 Aug 2025 at 15:11hrs | 510 | by Nqaba Matshazi
Zimbabwe Govt Pension Fund acquires Monomotapa Hotel
Zimbabwe's largest hospitality group, African Sun Limited (ASL), has agreed to sell the historic Monomotapa Crowne Plaza Hotel and its adjacent car park to the Public Service Pension Fund in a deal va...Published: 03 Aug 2025 at 12:18hrs | 466 | by Staff reporter
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Zimbabwean women used as guinea pigs
Zimbabwe has launched the Contraceptive Acceptability Research (CARE), a pioneering study that will assess the feasibility, uptake, and acceptability of the Annovera contraceptive ring among women and...Published: 02 Aug 2025 at 13:20hrs | 753 | by Staff reporter
Zec abandons Econet for voter registration checks
In a troubling move that has left many potential voters struggling to verify their registration status, the Zimbabwe Electoral Commission (ZEC) has seemingly abandoned the Econet platform for voter re...Published: 02 Aug 2025 at 10:13hrs | 106 | by Staff reporter
Bulawayo losing 'City of Kings' shine amid garbage pile-up
City leaders, government officials, and waste management experts have issued a stark warning about the deteriorating state of solid waste management in Bulawayo, describing it as a looming health and ...Published: 02 Aug 2025 at 10:11hrs | 99 | by Staff reporter
1 in 5 Zimbabwean infants receive exclusive breastfeeding
As the world observes World Breastfeeding Week from August 1 to 7, Nutrition Action Zimbabwe (NAZ) has raised alarm over the country's sharply declining exclusive breastfeeding rates, warning of a loo...Published: 02 Aug 2025 at 10:11hrs | 35 | by Staff reporter
Econet defends fair usage policy amid backlash
Econet Wireless Zimbabwe has come under fire from some of its SmartBiz customers following the enforcement of its Fair Usage Policy (FUP) on "unlimited" data packages.Critics say the move unde...Published: 01 Aug 2025 at 13:47hrs | 676 | by Staff reporter
High Court to hear bid to block Borrowdale office complex
The High Court will urgently hear an application by Trauma Centre Hospital and a Borrowdale resident seeking to halt the construction of large office buildings in the upmarket residential suburb....Published: 01 Aug 2025 at 08:11hrs | 145 | by Staff reporter
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