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Zanu-PF MP's vehicle evades toll fees with police assistance
A policewoman stationed at Lothian Tollgate along the Masvingo-Roy Highway was caught on camera last week assisting a Zanu-PF-branded vehicle to evade paying toll fees. The incident, captured by The M...Published: 14 hrs ago | 765 | by Staff reporter
Zimbabwe govt moves to directly procure fuel
The Zimbabwean government intends to directly procure fuel for its own use and key economic sectors to lower costs and enhance competitiveness, Energy and Power Development Minister July Moyo has anno...Published: 23 hrs ago | 593 | by Staff reporter
Great Zimbabwe Hydro-Power, Lake Mutirikwi ready for NDS-2
MASVINGO - The Great Zimbabwe Hydro-power plant at Lake Mutirikwi and other prominent sites are ready to continue transforming several communities within ...Published: 21 Feb 2025 at 13:12hrs | 5021 | by Gideon Madzikatidze/Simbarashe Sithole recently in Mutirikwi
Zanu-PF councillor arrested for stealing agricultural inputs
The Zimbabwe Anti-Corruption Commission (ZACC) has arrested a Zanu-PF councillor and a Karoi-based police officer on allegations of stealing presidential agricultural inputs and Agriculture Rural Deve...Published: 20 Feb 2025 at 18:35hrs | 352 | by Staff reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 485 | by Marilyn Mutize
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1336 | by NewsHawks
OK Zimbabwe begins restocking after weeks of empty shelves
Troubled retailer OK Zimbabwe has announced that it has started restocking its outlets following weeks of empty shelves and temporary closures due to macroeconomic challenges, particularly exchange ra...Published: 17 Feb 2025 at 12:37hrs | 1666 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
Mnangagwa returns from AU Summit
SADC chairperson and Zimbabwean President Emmerson Mnangagwa has returned home from Addis Ababa, Ethiopia, where he attended the 38th Ordinary Session of the African Union (AU). This year's summit, he...Published: 16 Feb 2025 at 17:16hrs | 830 | by Staff reporter
Mnangagwa, Hichilema come face to face
President Emmerson Mnangagwa and his Zambian counterpart Hakainde Hichilema had an uneasy public interaction in Addis Ababa, Ethiopia, yesterday, as their strained diplomatic relations played out duri...Published: 16 Feb 2025 at 16:47hrs | 3805 | by Staff reporter
Mphoko's son moves to block Choppies sale to Raji Modi
Siqokoqela Mphoko, son of the late former Vice President Phelekezela Mphoko, has filed an urgent chamber application seeking to prevent the sale of Choppies Zimbabwe to Bulawayo businessman and Deputy...Published: 16 Feb 2025 at 16:42hrs | 1922 | by Staff reporter
Smugglers abandon R3m Zimbabwe cigarettes in South Africa
South African authorities have launched a manhunt for two suspected smugglers who abandoned a truck loaded with illicit cigarettes worth R3 million in Marble Hall, some 360km from the Beitbridge borde...Published: 15 Feb 2025 at 07:47hrs | 226 | by Staff reporter
Zinara targets one million licensed vehicles by 2025
The Zimbabwe National Road Administration (Zinara) has announced an ambitious plan to license one million vehicles by the end of 2025, aiming to boost compliance and increase funding for the country's...Published: 14 Feb 2025 at 12:58hrs | 519 | by Staff reporter
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 431 | by Staff reporter
Farmers in Matabeleland optimistic after rains
Farmers across Matabeleland are optimistic about a promising 2024/25 farming season following consistent rains that have rejuvenated crops, with the Government projecting a bumper harvest of 3.2 milli...Published: 14 Feb 2025 at 06:07hrs | 377 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 402 | by Staff reporter
Biti slams title deed plan, calls it a reversal of land reform
Former Finance Minister and legal expert Tendai Biti has criticized the government's plan to issue title deeds to farm owners, calling it a legal and policy blunder that undermines Zimbabwe's land ref...Published: 13 Feb 2025 at 06:32hrs | 511 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | by Staff reporter
Zimbabwe isn't yet ready for a sole currency, finance chief says
Zimbabwe's Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines before it can adopt the ZiG as its sole currency."We need a few things in place...Published: 12 Feb 2025 at 15:00hrs | 404 | by Staff reporter
Zimbabwe in massive maize, wheat imports
Zimbabwe has imported 1.3 million metric tonnes of maize and wheat through the private sector to alleviate ongoing shortages caused by poor land utilisation, lack of funding, inadequate farming capaci...Published: 12 Feb 2025 at 11:21hrs | 176 | by Staff reporter
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 650 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 204 | by Staff reporter
Zimra raids smuggling points along Limpopo, destroys boats
The Zimbabwe Revenue Authority (Zimra), in a groundbreaking drone-led operation, raided several smuggling points along the Limpopo River on Tuesday, confiscating and destroying boats used to illegally...Published: 11 Feb 2025 at 16:27hrs | 1119 | by Staff reporter
South Africa hikes toll fees
The South African National Roads Agency (Sanral) has announced an increase in toll tariffs across the country's major routes, effective from 1 March 2025. The toll fees will rise by 4.84%, marking a s...Published: 11 Feb 2025 at 12:27hrs | 861 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6407 | by Staff reporter
Concerns over RBZ's reduction of forex retention for horticulture exporters
The Horticultural Development Council (HDC) has expressed concerns about the Reserve Bank of Zimbabwe's (RBZ) recent decision to lower the foreign currency retention threshold for exporters from 75% t...Published: 10 Feb 2025 at 09:41hrs | 228 | by Staff reporter
RBZ predicts inflation to trend down in 2025
The Reserve Bank of Zimbabwe (RBZ) is optimistic about continued inflation moderation, forecasting the monthly inflation rate to average 3% or less in 2025. The central bank expects the annual inflati...Published: 10 Feb 2025 at 06:31hrs | 171 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6317 | by Staff reporter
Mukuru advocates for cashless economy
The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payme...Published: 09 Feb 2025 at 11:30hrs | 1430 | by Staff reporter
BCC resolves to permanently close 5th Ave market
Bulawayo City Council has resolved to permanently close the 5th Avenue vegetable trading market, citing the need to enhance urban planning, improve safety, and support sustainable business growth. The...Published: 09 Feb 2025 at 11:24hrs | 2360 | by Staff reporter
Mnangagwa's govt fails to honour promises
Traders who lost goods worth over US$20 million in a devastating fire at Mbare Musika last October are expressing frustration over the government's failure to fulfill its promises of interest-free loa...Published: 08 Feb 2025 at 12:53hrs | 893 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 579 | by Staff reporter
Zimbabwe's foreign currency reserves surge by 87%
The Reserve Bank of Zimbabwe (RBZ) has reported a significant increase in its foreign currency reserves, which have surged by 87% to reach US$550 million as of January 2025. This marks a substantial g...Published: 08 Feb 2025 at 12:49hrs | 3920 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe's Econet Wireless suffers major data breach
Econet Wireless Zimbabwe, the nation's largest mobile network operator, has fallen victim to a significant data breach, potentially exposing personal information of 852,791 customers. The incident, un...Published: 07 Feb 2025 at 20:12hrs | 7205 | by Staff reporter
RBZ to introduce higher denomination ZiG notes
The Reserve Bank of Zimbabwe (RBZ) has announced plans to introduce higher denominations of the Zimbabwe Gold (ZiG) currency by the third quarter of 2025. This move aims to address challenges with the...Published: 07 Feb 2025 at 17:44hrs | 895 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 391 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 163 | by Staff reporter
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 141 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Zimbabwe's retail sector faces crisis
Zimbabwe's retail sector is in crisis, with more than 1,000 jobs lost so far this year due to an escalating economic downturn, as several key players signal their intention to exit the market. Regiona...Published: 06 Feb 2025 at 09:11hrs | 1437 | by Staff reporter
Will SA become the next Zimbabwe with Expropriation Act?
The signing of the Expropriation Act into law has been one of the most topical subjects of 2025 so far, with the recently elected US President Donald Trump taking aim at the law on Monday, sending the...Published: 06 Feb 2025 at 09:08hrs | 752 | by Staff reporter
Modern homes for old Gwanda Road displaced families
The reconstruction of the 120km Old Gwanda Road in Matabeleland South has begun, bringing significant benefits to the region while also necessitating the relocation of 42 families. The project, valued...Published: 06 Feb 2025 at 07:35hrs | 369 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 162 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1625 | by Staff reporter
Zimbabwe's Manhize steel plant hits key milestone
The US$1.5 billion Manhize Steel Plant, located in the Midlands province, has officially commenced the production of reinforced steel bars (rebars), marking a significant milestone in Zimbabwe's indus...Published: 05 Feb 2025 at 11:48hrs | 854 | by Staff reporter
Bosso lands loan signing of Malvern Hativagoni
Highlanders FC has secured a major boost for the upcoming 2025 season with the signing of 23-year-old defender Malvern Hativagoni on a season-long loan from Bulawayo Chiefs.Hativagoni's arriva...Published: 05 Feb 2025 at 11:47hrs | 96 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 350 | by Staff reporter
Elon Musk piles pressure on Ramaphosa
Barely a day after US President Donald Trump threatened to cut funding to South Africa because of the country's new land expropriation laws, one of his biggest backers - Elon Musk - piled the pressure...Published: 05 Feb 2025 at 10:27hrs | 649 | by Staff reporter
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