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Zimbabwe commits ZiG550m to industrial growth plan
The Zimbabwean government has committed ZiG$550 million to support the newly launched Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), aimed at fostering growth opportunities in the manufac...Published: 4 hrs ago | 60 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 4 hrs ago | 179 | by Staff reporter
Mnangagwa commissions Varum push carts
President Emmerson Mnangagwa yesterday officially commissioned two new manufacturing lines at Varun Beverages (Zimbabwe) (Pvt) Ltd, a move set to boost the production capacity of Aquaclear bottled wat...Published: 10 Dec 2024 at 07:04hrs | 659 | by Staff reporter
'Mutapa Fund will become Zimbabwe's economic bedrock'
Finance, Economic Development, and Investment Promotion Minister, Mthuli Ncube, has expressed strong confidence in the future of the Mutapa Investment Fund (MIF), highlighting its potential as a key d...Published: 09 Dec 2024 at 07:03hrs | 605 | by Staff reporter
BCC leases land for business to boost local economy
The City of Bulawayo has announced the opening of a new tender process inviting bids for the lease of several business premises across the city. This initiative is part of the local authority's effort...Published: 08 Dec 2024 at 09:52hrs | 97 | by Staff reporter
Major crackdown on smuggling launched
A multi-agency operation targeting small businesses and cross-border transporters involved in smuggling and unethical practices has led to the impounding of dozens of vehicles, including buses and hau...Published: 08 Dec 2024 at 09:49hrs | 135 | by Staff reporter
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1260 | by Staff reporter
Chivayo sinks business partners
Controversial businessman Wicknell Chivayo has intensified his legal feud with former business partners Mike Chimombe and Moses Mpofu, both of whom are embroiled in a fraud scandal over a dubious US$7...Published: 06 Dec 2024 at 11:34hrs | 12022 | by Staff reporter
Ramaphosa's economy shrinks 0.3%
The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the ...Published: 03 Dec 2024 at 15:39hrs | 305 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1218 | by Staff reporter
Zimbabwe transporters welcome suspension of customs duty
The Zimbabwe Passenger Transport Organisation (ZPTO) has welcomed the government's decision to end duty-free importation of public service buses starting January 1, 2025. The move, proposed in the 202...Published: 02 Dec 2024 at 07:20hrs | 349 | by Staff reporter
Breakthrough as 720MW Titan Power Plant Project scheduled for December 2 launch
A ground-breaking ceremony for the 720MW Titan Power Plant Project is scheduled for 2 December 2024 at Hwange Power Station, marking a pivotal moment in Zimbabwe's quest for energy self- sufficiency. ...Published: 29 Nov 2024 at 14:39hrs | 1636 | by George Tshuma
It's time real patriotic Zimbabweans stood up against the destruction of their country
It never rains but pours for the people of Zimbabwe.This month, the Zimbabwean government failed to pay its civil servants their full salaries-a disgraceful development that underscores the de...Published: 28 Nov 2024 at 15:12hrs | 159 | by Tendai Ruben Mbofana
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1084 | by Staff reporter
Chinese cement plant commissioning set for January in Zimbabwe
Huaxin Zimbabwe (Pvt) Limited, a subsidiary of Chinese multinational Huaxin Cement Co. Ltd, is on track to commence cement production at its state-of-the-art plant in Mount Hampden by the end of 2024....Published: 27 Nov 2024 at 06:41hrs | 205 | by Staff reporter
Zimbabwe steps up fight against smuggled goods
The Zimbabwean Government has intensified efforts to combat the smuggling and trade of counterfeit products that threaten public health and undermine the economy, Industry and Commerce Minister Mangal...Published: 27 Nov 2024 at 06:38hrs | 77 | by Staff reporter
Delma Lupepe faces eviction by Obert Mpofu
Once a flamboyant businessman in Bulawayo, Delma Lupepe is now embroiled in a legal battle after allegedly refusing to vacate a rented residential property in Burnside despite owing US$20,000 in unpai...Published: 24 Nov 2024 at 13:12hrs | 2798 | by Staff reporter
Bulawayo deputy mayor challenges 'strange arrest'
Incarcerated Bulawayo Deputy Mayor Edwin Ndlovu has formally challenged his arrest on bribery allegations, calling the circumstances surrounding his detention "strange" and his arrest "illegal."...Published: 24 Nov 2024 at 10:19hrs | 664 | by Staff reporter
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11654 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 189 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 169 | by Staff reporter
Russia open doors to Zimbabwean construction workers
Russia and Zimbabwe have initiated talks to facilitate the deployment of Zimbabwean workers to Russia, particularly in the construction sector. Russian Deputy Housing and Construction Minister...Published: 22 Nov 2024 at 14:44hrs | 861 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 169 | by Staff reporter
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 99 | by Staff reporter
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3608 | by Tendai Ruben Mbofana
Mt Hampden residents face displacement for Zim Cyber City development
Thousands of residents in Turner Farm, Mt Hampden, are facing the looming threat of displacement as the government moves ahead with the development of the multi-billion-dollar Zim Cyber City project, ...Published: 11 Nov 2024 at 07:16hrs | 953 | by Staff reporter
Medicinal mbanje products launched in Zimbabwe
In a historic move for Zimbabwe's healthcare sector, Ivory Medicinal has officially launched its pioneering medicinal cannabis product line, CannaQure. This breakthrough in medical treatment aims to h...Published: 09 Nov 2024 at 17:10hrs | 298 | by Staff reporter
Zimbabwe eyes deeper ties with China through belt and road initiative
Zimbabwe looks forward to deepening its partnership with China under the Belt and Road Initiative (BRI), anticipating extensive collaboration in economic development, said Midlands Minister of State f...Published: 09 Nov 2024 at 17:02hrs | 190 | by Staff reporter
Harare suspends 10 employees for corruption
The Harare City Council has suspended eight municipal police officers and two water department employees following allegations of corruption, including extortion and bribery, according to an announcem...Published: 08 Nov 2024 at 06:47hrs | 129 | by Staff reporter
Delta dumps normal supplies route amid Mozambique political turmoil
Despite using the shortest route for its timeous raw material distribution and chain supplies over the years, listed beverages manufacturing giant, Delta Corporation Limited, has announced political s...Published: 07 Nov 2024 at 13:02hrs | 1176 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe's unemployment rate goes up
ZIMBABWE'S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country's economic downturn shows no signs of abating, latest Zimba...Published: 07 Nov 2024 at 07:15hrs | 451 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1720 | by Ifeanyi Abraham
Zimbabwe villagers challenge construction of Chinese cement plant in their area
Villagers from Kapere and Chasara in Hurungwe have urgently appealed to the Ministry of Environment, calling for the cancellation of an Environment Impact Assessment (EIA) certificate issued to Labenm...Published: 05 Nov 2024 at 08:24hrs | 580 | by Staff reporter
Chinese Steel Plant: Zimbabwe's economic boon
Zimbabwe is aiming to be home to Africa's largest steel plant, but disputes over the project continue even as it ramps up production.Over the past few months, villagers have been accusing the ...Published: 31 Oct 2024 at 06:53hrs | 7942 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 845 | by Tendai Ruben Mbofana
Zimbabwe unveils industrial growth blueprint for automotive sector
The Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP), a targeted economic manufacturing initiative, has outlined key strategies to boost domestic production of buses and trucks. Running from...Published: 30 Oct 2024 at 07:52hrs | 116 | by Staff reporter
Zimbabwean industry urged to brace for AfCFTA competition
Zimbabwe's local industry must be ready for competition from across the continent as the African Continental Free Trade Area (AfCFTA) comes into force, Industry and Commerce Minister Mangaliso Ndlovu ...Published: 29 Oct 2024 at 07:22hrs | 126 | by Staff reporter
What did the ZANU-PF conference achieve besides trying to do something unconstitutional?
The recent ZANU-PF National People's Conference in Bulawayo was expected to chart a course for Zimbabwe's pressing challenges. Yet, rather than addressing the nation's economic woes, poverty l...Published: 28 Oct 2024 at 13:12hrs | 1004 | by Tendai Ruben Mbofana
Zimbabwe's new policy outlines plans to widen tax base
The Zimbabwean government has announced a new policy under the Zimbabwe Industrial Reconstruction and Growth Plan (ZIRGP) to simplify tax models for Small to Medium Enterprises (SMEs). This move aims ...Published: 27 Oct 2024 at 12:18hrs | 264 | by Staff reporter
Muppet Starmer says Israel has the right, Iran should not respond
In a call for calm amidst escalating military tensions in the Middle East, UK Prime Minister Keir Starmer has urged Iran not to retaliate following Israel's airstrikes targeting military sites in Iran...Published: 26 Oct 2024 at 16:42hrs | 946 | by Staff reporter
South Africa totally correct to 'relocate Taiwan' out of Pretoria
The brouhaha around the forced relocation of the Taipei Liaison Office from SA's capital Pretoria to Johannesburg - approximately 50 km southward - is completely misplaced.In 1997, SA cut dipl...Published: 25 Oct 2024 at 09:13hrs | 1214 | by Abbey Makoe
Zesa unveils strategy to end load-shedding
ZESA Holdings has announced a transformative strategy to eliminate load-shedding by next year and achieve universal electricity access across Zimbabwe by 2030. The plan, detailed by ZESA executive cha...Published: 25 Oct 2024 at 08:44hrs | 309 | by Staff reporter
Zimbabwe's Dinson's steel plant reaches 60% production capacity
The Dinson Iron and Steel Company's US$1.5 billion steel plant in Manhize, Midlands Province, has achieved 60% capacity utilization since starting production in July 2024. The plant, touted as Africa'...Published: 24 Oct 2024 at 13:13hrs | 760 | by Staff reporter
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 736 | by Staff reporter
'Half-wits' pitting Mnangagwa against Chiwenga warned
Zimbabwe's Information Minister, Jenfan Muswere, faced the daunting task of quelling rising tensions within the ruling ZANU-PF party as he addressed the media on Wednesday, seeking to rebut ongoing sp...Published: 24 Oct 2024 at 08:04hrs | 3259 | by Staff reporter
Woman steals US$24 000 from employer
A 35-year-old woman from Barham Green, Bulawayo, appeared in court yesterday facing charges of stealing US$24,000 from a steel manufacturing company where she worked. The accused, Nothando Banana, all...Published: 23 Oct 2024 at 07:47hrs | 898 | by Staff reporter
Mnangagwa says Zimbabwe's land reform programme irreversible
The President and First Secretary of the ruling ZANU PF party, Emmerson Mnangagwa, has reiterated that Zimbabwe's Land Reform Programme remains irreversible and protected. He made these remarks at the...Published: 22 Oct 2024 at 19:33hrs | 615 | by Staff reporter
French investors eye Zimbabwe rail project what is the risk of sanctions
A high-profile delegation from 20 leading French companies, led by France's Ambassador to Zimbabwe, Paul-Bertrand Barets, met President Emmerson Mnangagwa at State House in Harare yesterday, reaffirmi...Published: 20 Oct 2024 at 12:15hrs | 344 | by Staff reporter
Mnangagwa caps 2,394 graduands in Bindura
President Emmerson Mnangagwa, Chancellor of all state universities, presided over Bindura University of Science Education's (BUSE) 23rd graduation ceremony yesterday, capping a total of 2,394 graduate...Published: 19 Oct 2024 at 12:05hrs | 88 | by Staff reporter
Zimbabwe's value-added exports rise to US$244,5 million
Zimbabwe's export sector is experiencing a significant upswing, driven by a marked increase in value-added products and local manufacturing, signaling a promising path toward sustainable economic grow...Published: 18 Oct 2024 at 12:29hrs | 541 | by Staff reporter
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