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POSB launches solar, Starlink loan scheme for schools
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, impac...Published: 5 hrs ago | 103 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 346 | by Staff reporter
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 433 | by Engineer Jacob Kudzayi Mutisi
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 | 102 | by Staff reporter
Akashinga Anti-Poaching unit rocked by scandal
The high-profile Akashinga anti-poaching unit is facing a leadership shake-up and internal turmoil following the deaths of two suspected unarmed poachers in December 2024. The fallout has triggered di...Published: 02 Aug 2025 at 13:20hrs | 176 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Mnangagwa demands accountability
President Emmerson Mnangagwa has directed government departments and programme coordinators to produce detailed, province-by-province reports on the impact of the Presidential empowerment funds disbur...Published: 31 Jul 2025 at 13:56hrs | 292 | by Staff reporter
Mnangagwa orders monthly funding to revive Gwayi-Shangani dam project
President Emmerson Mnangagwa has instructed the Finance Ministry to ensure a monthly disbursement of USD 5 million toward the completion of the long-delayed Gwayi-Shangani Dam, government spokesperson...Published: 29 Jul 2025 at 19:12hrs | 850 | by Staff reporter
AG flags legal risks in Trabablas interchange land acquisition
The Auditor-General has raised alarm over procedural lapses by the Ministry of Transport and Infrastructural Development in the acquisition of land for the recently completed US$114 million Trabablas ...Published: 28 Jul 2025 at 08:54hrs | 360 | by Staff reporter
Financial mismanagement at Parliament of Zimbabwe exposed
The Auditor-General has exposed alarming financial irregularities at the Parliament of Zimbabwe, including unauthorised fuel allocations, ballooning payment arrears, and undelivered government vehicle...Published: 28 Jul 2025 at 08:49hrs | 261 | by Staff reporter
Zimbabwe introduces digital title deeds
Homeowners, farmers, and businesses across Zimbabwe have been given a 24-month deadline to present their original title deeds to the Registrar of Deeds for verification, following a government announc...Published: 28 Jul 2025 at 08:39hrs | 371 | by Staff reporter
Nurses in desperate bid to flee Zimbabwe
Thousands of Zimbabwean nurses are stranded and financially drained after spending up to US$2 000 each in failed attempts to migrate for better-paying jobs abroad, as government authorities allegedly ...Published: 25 Jul 2025 at 09:03hrs | 338 | by Staff reporter
Zimbabwe govt cracks down on local authority extravagance
The Government has introduced sweeping new controls on foreign travel and allowances for councillors and local authority officials as part of measures aimed at curbing the misuse of public funds and r...Published: 20 Jul 2025 at 09:21hrs | 670 | by Staff reporter
Govt increases councillors' allowances
The Government has announced a new comprehensive package of allowances and benefits for local authority officials, offering them housing stands, motorbike loans, and other perks such as free parking a...Published: 17 Jul 2025 at 20:51hrs | 418 | by Staff reporter
RBZ disburses ZiG350 million to key sectors
The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufac...Published: 14 Jul 2025 at 07:54hrs | 223 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 134 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 130 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 201 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 87 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1707 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1066 | by Staff reporter
TelOne struggles to attract investment
TelOne (Private) Limited is facing significant challenges in securing fresh capital for vital infrastructure expansion projects, as legacy debts inherited from the defunct Posts and Telecommunications...Published: 03 Jul 2025 at 12:29hrs | 128 | by Staff reporter
Gwayi-Shangani dam stalls due to funding delays
The delayed construction of the critical 10MW mini-hydropower plant at the Gwayi-Shangani Dam is threatening to derail Zimbabwe's long-term plans to supply water to Bulawayo through a 251km pipeline, ...Published: 02 Jul 2025 at 18:12hrs | 909 | by Staff reporter
Teachers' movement slams 13 unions for inaction
The Zimbabwe Teachers Remuneration Struggle Movement (ZTRS) has launched a scathing attack on 13 registered teacher unions, accusing them of failing to effectively advocate for improved salaries and w...Published: 02 Jul 2025 at 12:06hrs | 213 | by Staff reporter
No water from the tap. They're asked to pay a tax anyway
HARARE, ZIMBABWE - The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially ...Published: 02 Jul 2025 at 10:02hrs | 450 | by Linda Mujuru, GPJ Zimbabwe
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 194 | by Brighton Musonza
Zesa rebundling begins
Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...Published: 29 Jun 2025 at 11:21hrs | 7449 | by Staff reporter
Presidential scheme disburses US$200 000 for vendors
Thousands of informal traders across Zimbabwe have received a major financial boost following the launch of the Presidential Vendors Empowerment Scheme, which has availed US$200,000 in seed capital to...Published: 27 Jun 2025 at 18:29hrs | 115 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1073 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
Auditor General flags deep financial mismanagement at CAAZ
The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...Published: 22 Jun 2025 at 09:05hrs | 118 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 99 | 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: 19 Jun 2025 at 07:10hrs | 172 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 606 | by Staff reporter
Tagwirei, the military and power politics in Zimbabwe!
DEAR READER, it was on the 13th of May 2018 that Phineas Tagwirei, "father" to Kudakwashe Tagwirei a Zimbabwean tycoon with an avalanche of ''business'' interests quietly breathed his last at the trau...Published: 18 Jun 2025 at 07:41hrs | 1985 | by Dr P. Zamchiya
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 414 | by Staff reporter
ZBFH to surrender building society licence by year-end
Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...Published: 11 Jun 2025 at 08:40hrs | 127 | 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 | 468 | by Staff reporter
Mnangagwa, Chiwenga clash over war veterans as succession battle intensifies
The war veterans' constituency has emerged as a crucial battleground in the escalating political succession struggle between President Emmerson Mnangagwa and Vice-President Constantino Chiwenga, as th...Published: 09 Jun 2025 at 16:34hrs | 2598 | 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 | 5119 | by Staff reporter
Real empowerment means financial independence, not State handouts
PRESIDENT Emmerson Mnangagwa's recent unveiling of a US$500 000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widespread debate and scepticism....Published: 09 Jun 2025 at 08:34hrs | 55 | by Tendai Ruben Mbofana
Zimbabwean women make gains in property ownership
Women in Zimbabwe are making significant strides in securing access to economic resources such as land, property, and digital financial services, according to findings from the 2023–2024 Zimbabwe De...Published: 08 Jun 2025 at 13:30hrs | 217 | by Staff reporter
Real empowerment means financial independence, not state handouts
The truth will set us free.President Emmerson Mnangagwa's recent unveiling of a US$500,000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widesp...Published: 07 Jun 2025 at 19:06hrs | 453 | by Tendai Ruben Mbofana
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 exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2968 | by Staff reporter
MPs grill Minister Masuka over bankability of new 'Title Deed'
Parliamentarians have raised concerns over the government's newly introduced comprehensive land tenure policy, pressing Lands, Agriculture, Fisheries, Water and Rural Development Minister Dr. Anxious ...Published: 02 Jun 2025 at 16:18hrs | 461 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 163 | 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 | 489 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 90 | by Staff reporter
How can MPs protect Zimbabweans from exploitation when they themselves are shielded?
It's a tragedy when those meant to represent you no longer do. The recent enactment of a law compelling Zimbabwean motorists to first purchase a ZBC car radio licence before they are allowed t...Published: 29 May 2025 at 20:29hrs | 320 | by Tendai Ruben Mbofana
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