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Innscor booted out of Profeeds
Innscor Africa Limited has been ordered to divest from Profeeds after the Supreme Court ruled that the merger of Profeeds and National Foods created a near monopoly in the stockfeed industry.S...Published: 15 hrs ago | 942 | by Staff reporter
Used clothes take Zimbabwe by storm
Kimberley Dube takes great care with her appearance. She always looks sharp and fashionable in smart-looking jeans, t-shirts, sweatpants, tops, and designer sneakers."I love jeans - can't get ...Published: 02 Oct 2024 at 11:24hrs | 614 | by Staff reporter
'Zimbabwe's feja-feja economics not working'
Major retail shops in Zimbabwe adjusted their exchange rates to ZiG30 per dollar yesterday as the local currency continued to falter, a day after President Emmerson Mnangagwa accused economic "saboteu...Published: 27 Sep 2024 at 08:26hrs | 284 | by Staff reporter
China mining firms partner with Zimbabwe on lithium mine
Chinese miners Zhejiang Huayou Cobalt Co. and Tsingshan Holding Group Co. are defying low lithium prices to develop a deposit of the battery metal with a Zimbabwean state company.The two firms...Published: 26 Sep 2024 at 13:56hrs | 238 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 354 | by Staff reporter
ZiG sabotage
The introduction of the Zimbabwe Gold currency (ZiG) nearly five months ago has contributed to noticeable stability and low inflation, largely due to the Reserve Bank of Zimbabwe's (RBZ) rigorous meas...Published: 10 Sep 2024 at 08:49hrs | 6438 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 114 | by Staff reporter
Mnangagwa continues engagements with corporate China
President Mnangagwa continued his diplomatic and corporate engagements aimed at advancing Zimbabwe's infrastructure development in line with Vision 2030. ...Published: 05 Sep 2024 at 07:06hrs | 66 | by Staff reporter
Most Popular Luxury Watch Brands in 2024
Luxury watches have long been revered as the epitome of craftsmanship, innovation, and style. For enthusiasts and collectors, they represent more than just a means to tell time - they symbolize status...Published: 19 Aug 2024 at 17:00hrs | 195 | by Staff Reporter
GWM Tanks invade Zimbabwe
AS Zimbabwe's automotive landscape continues to evolve, the vehicle that has captured my attention, as well as that of driving enthusiasts, is the GWM Tank 500. It has invaded Zimbabwe, courtesy of Zi...Published: 16 Aug 2024 at 13:31hrs | 10306 | by Andrew Muzamhindo
ZiG manipulators face stiff sentences
Cabinet considered the report on basic commodities prices and availability and issues constraining local industry as presented by the Honourable Vice President Gen (Rtd) Dr CGDN Chiwenga. On m...Published: 07 Aug 2024 at 11:24hrs | 361 | by Staff reporter
Zimbabwe eyes US$272 billion global cannabis market
Zimbabwe's favorable climate for cultivating high-quality medicinal and recreational cannabis, combined with appropriate regulations and robust marketing strategies, holds significant economic potenti...Published: 22 Jul 2024 at 07:49hrs | 277 | by Staff reporter
Allow all Zimbabweans to import vehicles DUTY FREE your current policy is discriminatory
Zimbabwe, a country grappling with economic challenges, has recently made headlines with a policy decision that has sparked both debate and controversy. The government has partially lifted the ban on ...Published: 16 Jul 2024 at 20:58hrs | 939 | by Engineer Jacob Kudzayi Mutisi
Knorr recalls brown onion gravy sachets
Knorr is recalling its brown onion gravy sachets after manufacturers have discovered some packets may contain traces of cow's milk and soy.In a statement on Tuesday, Unilever said it recently ...Published: 16 Jul 2024 at 20:57hrs | 530 | by Staff reporter
Power challenges delay Go Beer re-opening
Gweru Mayor Martin Chivhoko announced at a recent full council meeting that the servicing of equipment at the city's beer concern, Go Beer, has been completed. However, plans for reopening are hindere...Published: 10 Jul 2024 at 07:49hrs | 3 | by Staff reporter
Zanu-MP bemoans govt's failure to renovate National Sports Stadium
ZANU-PF Murewa West legislator Farai Jere has criticized Zimbabwe's failure to renovate the National Sports Stadium, highlighting the embarrassment caused by the national soccer teams being forced to ...Published: 30 Jun 2024 at 18:37hrs | 1 | by Staff reporter
Zimra, Nampak clash over ZW$27bn penalty
Nampak Zimbabwe, a major industrial packaging manufacturer, is contesting hefty penalties imposed by the Zimbabwe Revenue Authority (Zimra), amounting to ZW$26.7 billion. The company attributes this d...Published: 30 Jun 2024 at 18:31hrs | 2 | by Staff reporter
FIU targets informal sector ZiG manipulators
The Financial Intelligence Unit (FIU), part of the Reserve Bank of Zimbabwe (RBZ), is intensifying efforts against the informal sector to combat currency manipulation aimed at undermining the Zimbabwe...Published: 26 Jun 2024 at 07:14hrs | | by Staff reporter
Dark and Lovely products recalled due to contamination
The Consumer Protection Commission for Eastern and Southern Africa has advised the public to stop using 50ml single-use neutralising shampoo included in the Dark and Lovely moisture plus lotion k...Published: 25 Jun 2024 at 10:43hrs | 5 | by Staff reporter
Man loses fingers at Chinese factory
A man from Harare is pursuing legal action against Chinese tile manufacturer Sunny Yiefeng, seeking compensation following a workplace accident that resulted in the loss of his fingers. Actor Tinashe ...Published: 19 Jun 2024 at 07:35hrs | 2 | by Staff reporter
RBZ freezes 522 accounts for violating exchange control regulations
The Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) has frozen 522 bank accounts and fined 140 entities and individuals for violating exchange control regulations, as part of efforts to d...Published: 09 Jun 2024 at 09:08hrs | 2 | by Staff reporter
Japanese car makers falsified safety test results
Some of Japan's best-known automakers have admitted to committing fraud in safety tests to get new vehicles certified for sale. The disclosures come after an official and wide-reaching investigation w...Published: 05 Jun 2024 at 09:19hrs | | by Staff reporter
Zimbabwe's ZPC struggles to procure new equipment
Zimbabwe Power Company (ZPC) management highlighted the ongoing challenge of insufficient funds for procuring spare parts and equipment to maintain aging machinery, impacting energy sufficiency. Durin...Published: 30 May 2024 at 08:35hrs | 5 | by Staff reporter
Zimbabweans being sold expired, underweight goods
Over a thousand businesses have been charged with selling expired and underweight goods, among other offenses, according to the Industry and Commerce Ministry.Most of the semi-formal shops wer...Published: 18 May 2024 at 10:55hrs | 1 | by Staff reporter
RBZ is the problem not ZiG!
Before going to press on the Zimbabwe currency crisis, I had seven questions I wanted authoritatively answered. Professor Gift Mugano was the answer."Isn't he the one who is supposed to disapp...Published: 16 Apr 2024 at 17:58hrs | | by Kenneth Mufuka
Benylin paediatric syrup banned
THE Medicines Control Authority of Zimbabwe (MCAZ) has banned the sale of Benylin Paediatric Syrup, which is manufactured by Johnson and Johnson in South Africa, after authorities in Nigeria found tox...Published: 16 Apr 2024 at 07:48hrs | 1 | by Staff reporter
Bosso rekindle love with Adidas
Bulawayo giants Highlanders and Harare fallen giants have rekindled their relationship with global sportswear supplier Adidas.The two teams last wore Adidas stripes in 2014 before experi...Published: 11 Apr 2024 at 18:36hrs | | by Staff reporter
Bosso, Dembare to jointly unveil Sakunda 2024 season kits
THE country's two most popular football teams Highlanders and Dynamos are today set to jointly unveil their 2024 season kits in Harare.They are set to be presented by principal sponsor Sakunda...Published: 11 Apr 2024 at 08:36hrs | | by Staff reporter
Is an underwear a leading economic indicator?
I was unfamiliar with the Men's Underwear Index - the MUI - until I heard it discussed this week on National Public Radio. Perhaps on the Marketplace Morning Report on WAMC. Or some similarly unassail...Published: 07 Apr 2024 at 13:42hrs | 2 | by Ralph Gardner Jr.
Stockfeed subsidies for drought-hit livestock farmers
THE Government has stepped in to save the country's livestock situation with a coterie of urgent intervention measures aimed at bailing out farmers from losing their animals for a song to unscrupulous...Published: 31 Mar 2024 at 16:44hrs | 1 | by Staff reporter
Basics disappear from Zimbabwe shop shelves
ZIMBABWEAN retailers are struggling to restock locally produced goods using the local unit as manufacturers and wholesalers are turning them away in favour of those that pay in the United States dolla...Published: 15 Mar 2024 at 07:19hrs | 7 | by Staff reporter
Iran seizes US tanker with $50 million of oil onboard
An Iranian court has issued an order confiscating a crude oil cargo from the Advantage Sweet tanker a year after the country's navy forcibly stopped the ship. It is the latest example of "tit for tat"...Published: 09 Mar 2024 at 14:47hrs | 3 | by Staff reporter
Go Beer to reopen in 8 months
GWERU mayor Martin Chivhoko has announced that the local authority's beer concern, Go Beer will commence production in November this year.Chivhoko said a memorandum of agreement had been signe...Published: 07 Mar 2024 at 05:09hrs | 1 | by Staff reporter
Starlink can operate Without Government Approval in Zimbabwe
Starlink, the satellite internet constellation developed by SpaceX, has gained global attention for its potential to revolutionise connectivity. However, in Zimbabwe, the government has not yet grante...Published: 06 Mar 2024 at 08:16hrs | 14 | by Jacob Kudzayi Mutisi
'Zimbabwe cement manufacturers exceeding local demand'
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.Some 2.6 million tonnes of cement are now being locally produced against a de...Published: 06 Mar 2024 at 04:42hrs | | by Staff reporter
'Zimdollar will be defended'
THE Zimbabwe dollar will continue to be promoted and defended as it is crucial in boosting the operations of some companies, especially in the cooking oil sector, Finance, Economic Development and Inv...Published: 04 Mar 2024 at 04:42hrs | 1 | by Staff reporter
Mthuli Ncube issues chilling warning over sugar tax-linked price hikes
Finance Minister Mthuli Ncube has issued a firm warning to traders engaging in unjustified price hikes on sugary beverages, arguing that the officially gazetted tax thresholds do not warrant such exce...Published: 28 Feb 2024 at 06:31hrs | 5 | by Staff reporter
Zimbabwe treasury exposes abuse of sugar tax for profiteering
GOVERNMENT has condemned the abuse of the Beverages Sugar Content Tax and other tariff measures by some businesses that deliberately misinterpret clear policy propositions for profiteering while unjus...Published: 28 Feb 2024 at 06:27hrs | | by Staff reporter
Chiwenga launches AVM Prototype City Bus
The Vice President General (Rtd) Dr CGDN Chiwenga today witnessed the signing of an MOU between AVM Africa and Minsk Auto Mobile Plant of Belarus. The MOU aims to ease transport challenges through the...Published: 19 Feb 2024 at 13:10hrs | 2 | by Staff reporter
Gweru to revive Go Beer Breweries
Gweru city council is locked in talks with an unnamed investor to revive the local authority's beer concern, Go Beer, in a bid to start operations this year, it has been established.Mayor Mart...Published: 11 Feb 2024 at 21:09hrs | | by Staff reporter
Zimra gives small businesses tax reprieve
The Zimbabwe Revenue Authority (Zimra) has offered a six-month grace period for informal businesses to register for taxes in a move seen to boost State revenues.Revised guidelines outlining sp...Published: 30 Jan 2024 at 04:20hrs | 4 | by Staff reporter
Delta, Zimra fight over US$ tax
DELTA Beverages Pvt Ltd is up in arms with the Zimbabwe Revenue Authority (Zimra) after the tax collector concluded that the company had improperly computed its income tax, resulting in the matter spi...Published: 29 Jan 2024 at 10:14hrs | 10 | by Staff reporter
Dynamos on the verge of renewing its sponsorship contract with Sakunda
Dynamos is on the verge of renewing its sponsorship contract with principal backers Sakunda Holdings. The previous sponsorship agreement with Sakunda Holdings expired last year, concluding a three-yea...Published: 25 Jan 2024 at 04:18hrs | 1 | by Staff reporter
WATCH: World most powerful new truck goes to Zimbabwe of all places
Despite Zimbabwe's protracted economic problems, a few companies and individuals can still afford luxury and utility cars from outside the country.Someone, for instance, has bought this US$150...Published: 16 Jan 2024 at 05:40hrs | 34 | by Staff reporter
Compulsory speed limiters for new buses
In a move set to reduce road accidents, bus manufacturers are now compulsorily installing speed limiters on all the new coaches and have devices that can be retrofitted on buses already on the road....Published: 15 Jan 2024 at 05:13hrs | 1 | by Staff reporter
Gwanda VID to tighten rules, regulations on passenger public service vehicles and heavy trucks
The Gwanda Provincial Vehicle Inspection Department (VID) is set to enforce Statutory Instrument (SI) 118 of 2023 in January, mandating compliance with speed-limiting and monitoring devices for passen...Published: 10 Jan 2024 at 05:59hrs | 7 | by Staff reporter
Zimbabwe exempts VAT on basic goods amid price hike concerns
The Zimbabwean government has revised taxes on basic goods, which were introduced in the 2024 national budget, amid rising price hike concerns.In a statement on Monday night, Zimbabwe's Minist...Published: 10 Jan 2024 at 05:57hrs | 5 | by Staff reporter
'Mnangagwa's govt has agreed to suspend decisions on retail and VAT'
The government may suspend its unpopular decisions on trading and Value Added Tax to give time for talks with businesses, according to a leading industry group.Finance Minister Mthuli Ncube an...Published: 07 Jan 2024 at 17:33hrs | 8 | by Staff reporter
Zimbabwe prices soar as new taxes kick in
THE year 2024 has started on a sombre note for citizens as prices of basic commodities surge in the wake of businesses implementing new government tax measures.Meat dealers have indicated that...Published: 05 Jan 2024 at 05:53hrs | 7 | by Staff reporter
Only licensed traders can purchase from manufacturers in Zimbabwe
The Zimbabwe Revenue Authority (Zimra) said on Wednesday that only licensed and tax-compliant traders can purchase from manufacturers and wholesalers in a bid to encourage tax compliance and bolster g...Published: 04 Jan 2024 at 06:02hrs | 7 | by Staff reporter
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