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Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 10 hrs ago | 38 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 12 hrs ago | 64 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 372 | by `
The war in Sudan is still happening and the world has moved on
Somewhere between the latest tech layoffs, celebrity gossip, and viral TikToks about how to season your trauma with lavender oil and affirmations, a war is still raging in Sudan. Yes, still. Not metap...Published: 14 May 2025 at 23:00hrs | 339 | by Kumbirai Thierry Nhamo
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3744 | by Staff reporter
Mbare Musika model to go national
The government has announced plans to replicate the modern Mbare Musika Traders Market model across Zimbabwe's 10 provinces as part of a nationwide initiative to provide safer and more dignified vendi...Published: 14 May 2025 at 08:49hrs | 569 | by Staff reporter
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1198 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 97 | by Staff reporter
ZSE granted self-listing approval
The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Pro...Published: 12 May 2025 at 18:12hrs | 86 | by Staff reporter
Zimbabwe's beef output rises 5.1% in 2024
Zimbabwe produced 94,600 tonnes of beef in 2024, a 5.1 percent increase from 90,000 tonnes in 2023, driven by drought-induced emergency destocking and a steadily growing national herd, according to th...Published: 11 May 2025 at 12:37hrs | 102 | by Staff reporter
Zimbabweans warned about Saudi job risks
Zimbabweans considering employment in Saudi Arabia, particularly in the beauty industry, have been urged to exercise extreme caution and verify job offers before committing, amid rising concerns over ...Published: 10 May 2025 at 20:49hrs | 6385 | by Staff reporter
Chitando bemoans gold smuggling
Mines and Mining Development Minister Winston Chitando has raised alarm over the persistent threat of gold smuggling and other illicit activities, warning that Zimbabwe could be losing up to 40% of it...Published: 09 May 2025 at 11:02hrs | 205 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 102 | by Staff reporter
'Fake' bee attacks spark alarm in Zimbabwe
A growing number of Zimbabweans are falling victim to an alarming trend where self-proclaimed prophets, traditional healers (n'angas), and pastors claim to send bees to punish individuals accused of w...Published: 08 May 2025 at 12:19hrs | 1057 | by Staff reporter
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 295 | by Staff reporter
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 35 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 174 | by Staff reporter
Zimbabwe sets up carbon credit market regulatory framework
Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...Published: 07 May 2025 at 09:26hrs | 263 | by Staff reporter
'Zimbabwe has huge export potential in floriculture'
Zimbabwe's national trade development and promotion agency, ZimTrade, has spotlighted floriculture as a profitable and viable agricultural venture, urging farmers to diversify into flower production t...Published: 07 May 2025 at 09:21hrs | 105 | by Staff reporter
Matebeleland MPs applaud rural industrialisation drive
Legislators from the Matebeleland region have expressed strong support for the government's emphasis on rural industrialisation, a key theme at this year's Zimbabwe International Trade Fair (ZITF). Ho...Published: 06 May 2025 at 08:56hrs | 487 | by Staff reporter
Zimbabwe govt's anti-smuggling dragnet nets 472
The Government of Zimbabwe has ramped up its efforts in the ongoing anti-smuggling blitz, resulting in over 200 prosecutions and 269 compliance notices issued as part of a sustained crackdown against ...Published: 06 May 2025 at 08:51hrs | 208 | by Staff reporter
Zimbabwe's exports surge by 13.5%
Zimbabwe's export earnings surged by 13.5 percent in March 2025 to reach US$581.9 million, up from US$512.6 million in February, underscoring the country's growing productivity, mineral output and the...Published: 03 May 2025 at 08:35hrs | 769 | by Staff reporter
Former Zimbabwe Stock Exchange boss dies
Former Zimbabwe Stock Exchange (ZSE) chairman and revered stockbroker Ndodana Mguquka has died. He was 51.Mguquka passed away in the early hours of the morning at Samuel Leon Medical Centre in...Published: 02 May 2025 at 16:57hrs | 2137 | by Staff reporter
Zoho Corp injects $15 million into Zimbabwe's digital future
Indian cloud software giant Zoho Corporation has announced a $15 million investment in Zimbabwe aimed at accelerating the digital transformation of small and medium enterprises (SMES) and large organi...Published: 01 May 2025 at 10:39hrs | 231 | by Staff reporter
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 164 | by Staff reporter
CZI urges companies to reduce idle capacity
Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has called on Zimbabwe's manufacturing sector to reduce unutilised capacity as a key strategy to lower production...Published: 30 Apr 2025 at 07:14hrs | 287 | by Staff reporter
Zimbabweans and Zambians stage counter-protests at Chirundu Border Post
Trade and commercial activity ground to a halt on Monday, 28 April, at the Chirundu Border Post as Zimbabwean and Zambian nationals staged rival protests, escalating tensions at one of Southern Africa...Published: 29 Apr 2025 at 08:52hrs | 2630 | by Staff reporter
Foreigners tighten grip on Zimbabwe's retail sector
Foreign nationals are increasingly dominating Zimbabwe's retail sector, raising concerns over the flouting of laws that reserve the industry for indigenous Zimbabweans.Despite legal provisions...Published: 29 Apr 2025 at 08:52hrs | 1043 | by Staff reporter
Zimbabwe becomes 5th largest avocado producer in Africa
Zimbabwe has emerged as Africa's fifth-largest producer of avocados, following a 164 percent surge in production over the past six years, thanks to increased investments from both government and the p...Published: 29 Apr 2025 at 07:05hrs | 335 | by Staff reporter
Zimbabwe trade fair exhibitors seek to expand cooperation with China
A DIVERSE range of African exhibitors at this year's Zimbabwe International Trade Fair (ZITF) have expressed a strong interest in expanding business partnerships with China, the world's second-largest...Published: 28 Apr 2025 at 12:44hrs | 127 | by Staff reporter
Chiwenga meets Iranian President
Vice President Dr. Constantino Chiwenga today held productive discussions with Iranian President Mosoud Pezeshkian on enhancing bilateral relations between Zimbabwe and Iran. The meeting took place on...Published: 28 Apr 2025 at 12:34hrs | 214 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 117 | by Staff reporter
Bulawayo woman thrives with hydroponic farm
A young female entrepreneur in Bulawayo is turning heads with her innovative approach to farming, using hydroponic technology to grow lettuce and strawberries at her family home in Waterford suburb. H...Published: 28 Apr 2025 at 12:26hrs | 7152 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 195 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 28 | by Staff reporter
Zanu-PF delegation back from China with optimism for investment
A high-level ZANU-PF delegation has returned from a successful week-long exchange programme in China, expressing optimism about the potential for increased investments from the Far East. The visit, wh...Published: 28 Apr 2025 at 12:17hrs | 42 | by Staff reporter
Zimbabwe has removed barriers to trade, says Chiwenga
Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...Published: 28 Apr 2025 at 12:14hrs | 197 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 90 | by Staff Reporter
Bulawayo firm urged to seize lithium battery opportunities
A Bulawayo-based engineering company, VEET Engineering, has been encouraged to tap into the booming global market for lithium batteries and contribute to Zimbabwe's industrial growth and economic reco...Published: 25 Apr 2025 at 08:22hrs | 348 | by Staff reporter
MTN hacked
The MTN Group has announced a significant cybersecurity incident that has led to unauthorised access to the personal information of some customers across various markets.The telecommunications...Published: 25 Apr 2025 at 07:48hrs | 656 | by Staff reporter
Chiwenga, Mohadi tour ZITF stands
Vice Presidents Constantino Chiwenga and Kembo Mohadi yesterday visited the Zimbabwe International Trade Fair (ZITF), commending both local and international exhibitors for their innovation and contri...Published: 25 Apr 2025 at 07:41hrs | 370 | by Staff reporter
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 140 | by Staff reporter
Zimbabwe pushes for lifting of ivory trade ban
Zimbabwe has renewed its call for the lifting of the international ivory trade ban, insisting that selling its stockpiles could generate critical funding for wildlife conservation and help combat ille...Published: 25 Apr 2025 at 07:26hrs | 199 | by Staff reporter
AfDB says Zimbabwe seeks $2.6bn in bridge finance to overhaul debt
The African Development Bank said Zimbabwe has proposed seeking $2.6 billion in bridge finance to help it clear arrears owed to international financial institutions as it attempts to break a debt impa...Published: 24 Apr 2025 at 21:18hrs | 129 | by Staff reporter
ZITF Company secures US$12 million for shopping complex
The Zimbabwe International Trade Fair (ZITF) Company has announced a major milestone in its transformation, securing a US$12 million investment for the construction of a modern shopping centre at its ...Published: 24 Apr 2025 at 07:18hrs | 240 | by Staff reporter
Colonial master pledges stronger trade and investment ties with its colony
The United Kingdom has reaffirmed its commitment to strengthening relations with Zimbabwe, placing a particular focus on boosting trade and investment between the two countries. This was revealed by B...Published: 24 Apr 2025 at 07:16hrs | 71 | by Staff reporter
Zimbabweans ignore stayaway call
Zimbabweans across the country yesterday overwhelmingly rejected calls for a nationwide stayaway, choosing instead to go about their daily routines as usual. Shops, Government offices, vegetable marke...Published: 23 Apr 2025 at 08:29hrs | 93 | by Staff reporter
Zimbabwe ramps up winter wheat preparations
The Government has intensified preparations for this year's winter wheat production season, aiming to deliver essential inputs to farmers on time and build upon last season's record-breaking harvest. ...Published: 23 Apr 2025 at 08:27hrs | 33 | by Staff reporter
Business as usual as Geza's stay away is ignored
Residents of Harare defied a stay-away call by war veteran Blesses Geza on Tuesday, with normal business operations reported across the capital and surrounding suburbs.From as early as 5am, co...Published: 22 Apr 2025 at 20:41hrs | 782 | by Staff reporter
What Is Independence Without Freedom? - UFP
Fellow Zimbabweans, our nation marks 45 years of independence, a moment that should be cause for pride, joy and celebration. But I come before you not by ...Published: 22 Apr 2025 at 13:49hrs | 727 | by UFP
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