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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: 50 mins ago | 53 | 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: 53 mins ago | 26 | by Staff reporter
How forex brokers make money - and what that means for your trades
Most know that it is best to choose brokers licensed by authorities like FCA (UK), ASIC (Australia), or CFTC (US) for greater transparency. When people choose a broker, they concentrate on the conditi...Published: 17 hrs ago | 168 | by Staff Reporter
The hidden costs of commodities trading without proper education
The Real Price of Jumping into Commodities Trading Clueless Alright, let's get real for a sec. Scroll through Instagram or TikTok, and you'll see a...Published: 17 hrs ago | 75 | 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: 23 hrs ago | 342 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 191 | 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 | 79 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 196 | by Staff reporter
Grok unavailable in Zimbabwe due to sanctions
Grok, the artificial intelligence chatbot created by Elon Musk's U.S.-based startup xAI, appears to be inaccessible in Zimbabwe. Although the company has yet to provide an official explanation, mounti...Published: 11 Aug 2025 at 23:16hrs | 703 | by Staff reporter
Lab-grown diamonds causing havoc
South Africa's cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1 percent le...Published: 11 Aug 2025 at 10:16hrs | 756 | by Staff reporter
Trends in Sports Betting Industry: Africa is not far behind
The sports betting industry in Africa is rapidly developing, turning from a niche segment into a key driver of the global industry. One of the main trends is the transition from individual betting to ...Published: 11 Aug 2025 at 10:15hrs | 150 | by Staff Reporter
Failed state warning for South Africa
Business Leadership South Africa (BLSA) chief executive Busi Mavuso says that businesses cannot function properly in a failed state, but partnering with the government to fix its failures comes at a s...Published: 11 Aug 2025 at 10:10hrs | 677 | by Staff reporter
Zimbabwe to maintain trade ties with Israel
Zimbabwe will continue trading with Israel despite global condemnation of that country's military actions in Gaza, Information, Publicity and Broadcasting Services secretary Ndavaningi Mangwana has sa...Published: 11 Aug 2025 at 08:53hrs | 219 | by Staff reporter
Zimbabwe pushes for import substitution
Zimbabwe has planted 5,000 hectares of Irish potatoes this winter season as part of an ambitious government-led drive to cut reliance on imports and boost local food security. The target is to reach 9...Published: 10 Aug 2025 at 22:39hrs | 360 | by Staff reporter
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 350 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 718 | 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
ACZ route development initiatives bearing fruit
The inaugural flight took off from Joshua Mqabuko Nkomo International Airport and landed in Victoria Falls aboard an Embraer ERJ aircraft, officially opening a direct air link between Zimbabwe's indus...Published: 10 Aug 2025 at 10:55hrs | 127 | by Staff reporter
Bulawayo industrial decay raises alarm
Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are large...Published: 10 Aug 2025 at 10:13hrs | 668 | 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 | 125 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 192 | 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 | 415 | by Staff reporter
Honey processing project rakes in US$20 000
A rural beekeeping initiative in Buhera is making waves in Zimbabwe’s agro-processing sector, with the Chapanduka Honey Processing Association generating over US$20,000 in revenue over the past year...Published: 09 Aug 2025 at 09:59hrs | 345 | by Staff reporter
Econet to launch new data packages
Zimbabwe’s largest telecommunications and technology provider, Econet Wireless Zimbabwe, has announced it will soon roll out new data packages aimed at enhancing its popular SmartBiz offering, follo...Published: 09 Aug 2025 at 09:52hrs | 452 | 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 | 321 | by Staff reporter
Blue Train service between Pretoria and Vic Falls relaunched
South Africa's national railway company, Transnet, has re-launched its iconic luxury tourist train service connecting Pretoria and Zimbabwe's tourism capital, Victoria Falls. The Blue Train arrived in...Published: 08 Aug 2025 at 13:08hrs | 542 | by Staff reporter
RBZ crackdown on money laundering
Following an intensive investigation into smuggling, money laundering, and financial externalisation, Zimbabwean authorities have launched a crackdown targeting several businesspeople and companies im...Published: 08 Aug 2025 at 09:15hrs | 574 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 426 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 08 Aug 2025 at 08:42hrs | 182 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
Ramaphosa's ANC dares the United States to sanction it
South Africa's biggest political party said the government won't bow to demands from Donald Trump's administration to change its policies even if that means its leaders are subjected to US sanctions....Published: 07 Aug 2025 at 20:50hrs | 1144 | 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 | 456 | by Staff reporter
Zimbabwe scales up crocodile exports
The Government of Zimbabwe has stepped up efforts to scale up crocodile farming and exports, focusing on Binga District as a key node in its agro-wildlife economy. The move comes amid growing global d...Published: 07 Aug 2025 at 17:14hrs | 257 | by Staff reporter
Zimbabwe's tobacco marketing season ends
The 2025 tobacco marketing season officially came to a close yesterday, marking a historic milestone for Zimbabwe's agricultural sector as the country posted record-breaking output and earnings. While...Published: 07 Aug 2025 at 17:12hrs | 144 | by Staff reporter
BitStarz casino review for Australian Players - Crypto, Pokies & Bonuses
BitStarz Casino Australia attracts attention in the local online gambling market due to its wide selection of pokies, cryptocurrency support, and diverse promotions. This site operate...Published: 07 Aug 2025 at 16:26hrs | 41 | by Staff Reporter
CBZ appoints Mthimukhulu as Managing Director
CBZ Bank has appointed Valeta Mthimukhulu as its new Managing Director, marking a new chapter for Zimbabwe's largest financial institution.Mthimukhulu brings with her over 20 years of executiv...Published: 07 Aug 2025 at 15:15hrs | 664 | by Staff reporter
Supermarket selling expired soft drinks
Gutai Foods Supermarket, located at Mucheke Business Centre, has been fined US$200 for selling expired beverages following a court ruling by Magistrate Caroline Tafira Nyoni.In addition to the...Published: 07 Aug 2025 at 13:27hrs | 571 | by Staff reporter
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
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, Rwanda strengthen ties
The third session of the Zimbabwe-Rwanda Joint Permanent Commission on Cooperation (JPCC) concluded yesterday in Kigali with the signing of five Memoranda of Understanding (MoUs), marking a new chapte...Published: 07 Aug 2025 at 09:04hrs | 73 | by Staff reporter
Bulawayo councillors split over Egodini mall project
City councillors remain deeply divided on how to handle the stalled Egodini Mall redevelopment, as frustrations mount among residents over continued delays and traffic congestion attributed to the fai...Published: 07 Aug 2025 at 09:00hrs | 223 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 65 | 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
Fake car parts flood Zimbabwe
The Central Mechanical Equipment Department (CMED) has issued a strong warning about the increasing circulation of counterfeit motor vehicle spare parts and maintenance products in Zimbabwe. The depar...Published: 06 Aug 2025 at 22:07hrs | 525 | by Staff reporter
Zanu-PF rallies affiliates in push for citizen empowerment
The ruling Zanu-PF party is intensifying its engagement with affiliates as part of its drive to empower citizens economically, in line with its long-standing tradition of working with communities sinc...Published: 06 Aug 2025 at 12:58hrs | 111 | by Staff reporter
Standoff erupts between Zimpapers board and management
A major standoff has erupted between the Zimpapers board and management, and three former company executives dismissed in January over allegations of corruption and fraud, as the board insists no exit...Published: 06 Aug 2025 at 09:41hrs | 621 | 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
Zimbabwe pushes for total ban on chrome ore exports
The Minerals Marketing Corporation of Zimbabwe (MMCZ) says it will engage the Ministry of Mines and Mining Development to push for a complete ban on chrome ore exports as part of efforts to drive inve...Published: 05 Aug 2025 at 12:11hrs | 367 | by Staff reporter
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