Search / Markets
Protests shut down Zimbabwe
THE March 31 demonstrations called by war veteran and former Zanu-PF central committee member Blessed Geza yesterday morphed into a nationwide shutdown, with businesses closed, streets emptied, and le...Published: 8 hrs ago | 401 | by Staff reporter
Zimbabweans stay at home on day of planned Geza protests
Police mounted checkpoints on roads leading to major cities and towns on Monday, conducting searches on some vehicles for "dangerous weapons" in anticipation of planned anti-government protests....Published: 31 Mar 2025 at 09:12hrs | 973 | by Staff reporter
Zimbabwe's worst-designed city: Zimre Park, Ruwa
I urge the residents of Zimre Park, Ruwa, to recognize the urgent need to safeguard our property values, which are being undermined by the Ruwa Local Board's (RLB) evident mismanagement. The RLB's lac...Published: 29 Mar 2025 at 09:43hrs | 1109 | by Sam Wezhira
Zimbabwe govt workers moonlight as street vendors
Every morning, Dumisani Ngara* gets up at dawn to catch a 6:30am bus to work at Zimbabwe's Ministry of National Housing and Social Amenities. The government-provided bus is free for civil servants in ...Published: 28 Mar 2025 at 12:41hrs | 1120 | by Staff reporter
Zimbabwe's monthly inflation drops to 0% in March 2025
Zimbabwe's monthly inflation rate fell to 0% in March 2025, marking a significant milestone in the country's economic stabilization efforts. The decline was attributed to a sustained tight liquidity s...Published: 28 Mar 2025 at 05:40hrs | 234 | by Staff reporter
Elderly Bulawayo couple sentenced for exploiting bank glitch
An elderly couple from Bulawayo, who took advantage of a technical glitch at Stanbic Bank Zimbabwe to embezzle over US$30,000, has been sentenced to seven years in prison.Frank Sibanda and his...Published: 27 Mar 2025 at 06:06hrs | 585 | by Staff reporter
Chas Everitt expands into Zimbabwe's booming real estate market
Chas Everitt International, one of South Africa's largest real estate firms, is expanding into Zimbabwe, betting on what it sees as strong demand for high-end residential properties.Despite ch...Published: 25 Mar 2025 at 11:49hrs | 361 | by Staff reporter
Anglo American Platinum to rebrand as Valterra Platinum
Anglo American Platinum, the mining giant that owns Zimbabwe's Unki Mine, has announced plans to rebrand as Valterra Platinum, signaling the end of an era for the company.The name change is pa...Published: 24 Mar 2025 at 13:39hrs | 994 | by Staff reporter
Zimbabwe lines up seven sponsors to clear arrears
Zimbabwe is actively negotiating with seven potential sponsors, including individual countries, multilateral financial institutions, and private financiers, to secure the necessary funding, guarantees...Published: 23 Mar 2025 at 08:13hrs | 981 | by Staff reporter
Zimbabwe seeks to upgrade Walvis Bay dry port
Zimbabwe is exploring ways to improve infrastructure at its Dry Port facility in Walvis Bay, Namibia, to enhance its capacity for handling imports and exports. The initiative is part of the government...Published: 23 Mar 2025 at 08:09hrs | 338 | by Staff reporter
South Africa travel agents explore Victoria Falls
Zimbabwe's tourism sector has received a significant boost with the arrival of top South African travel agents in Victoria Falls for a three-day familiarisation tour. The visit, organised by the Zimba...Published: 23 Mar 2025 at 08:08hrs | 226 | by Staff reporter
Zimbabwe's crocodile farming industry sets global standard
ZIMBABWE'S crocodile farming sector has set a new international benchmark with the commissioning of a state-of-the-art wastewater treatment plant at Padenga Agribusiness's Kariba facility. The US$1.2 ...Published: 22 Mar 2025 at 12:14hrs | 351 | by Staff reporter
Informal traders urged to keep import documents
Informal traders affected by the Zimbabwe Revenue Authority (ZIMRA)'s anti-smuggling blitz have been advised to maintain proper documentation of imported goods to facilitate easier verification and sm...Published: 21 Mar 2025 at 09:17hrs | 402 | by Staff reporter
OK Zimbabwe reverses Bulawayo branch closure decision
Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, with a new business model that converts the outlet into a wholesale facility with lower operating co...Published: 21 Mar 2025 at 09:14hrs | 402 | by Staff reporter
Zimbabwe's Silent Struggle: A Nation on the brink but too fearful to rise
Zimbabwe is a nation in crisis, and the time for silence has passed. Power cuts are routine, water supplies are unreliable, and roads are riddled with potholes. The healthcare system has collapsed, wi...Published: 19 Mar 2025 at 21:22hrs | 1435 | by Vusani Magwala
Zimbabwe to reform electricity pricing
Zimbabwe is set to introduce regulatory changes in its electricity pricing system to allow producers to sell power at competitive rates, ensuring they can recoup costs and sustain operations.E...Published: 16 Mar 2025 at 09:24hrs | 302 | by Staff reporter
Zimbabwe asset management landscape shifting
The asset management landscape in Zimbabwe is undergoing a significant transformation, with notable shifts in the allocation of funds under management (FUM), signaling a more cautious and strategic ap...Published: 15 Mar 2025 at 12:01hrs | 237 | by Staff reporter
India charms Zim SMEs, collaboration bears fruits
Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show h...Published: 13 Mar 2025 at 16:10hrs | 144 | by Gideon Madzikatidze/Simbarashe Sithole
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 534 | by Staff reporter
Boost for Zimbabwe cancer patients
Cancer patients, including children, have received a significant boost after two banks and one of Zimbabwe's leading supermarkets donated chemotherapy drugs and financial support to two cancer care or...Published: 11 Mar 2025 at 07:16hrs | 100 | by Staff reporter
Chinese 'Starlink' launching in over 30 countries
An incoming Chinese-run rival to SpaceX's Starlink service could compete with Elon Musk-owned company in Zimbabwe.SpaceSail, also called “Qianfan,” the “Thousand Sails Constellation,” ...Published: 10 Mar 2025 at 16:32hrs | 5702 | by Staff reporter
Zimbabwe targets Asian travel groups to boost off-peak season
The Zimbabwe Tourism Authority (ZTA) is looking to leverage travel groups, particularly from Asia, to maintain momentum in the local tourism industry during the off-peak season. Visitor numbers typica...Published: 09 Mar 2025 at 14:39hrs | 183 | by Staff reporter
Fuel price hike expected this month
In March 2025, Zimbabwean consumers will see a slight increase in petrol prices, with the price per litre rising to US$1.54 from US$1.53 in February. On the other hand, diesel prices have experienced ...Published: 07 Mar 2025 at 10:38hrs | 639 | by Staff reporter
Mnangagwa's attempts at portraying Zimbabwe and Cuba as 'sanctions victims' is absurd as Havana succeeds where Harare fails
The Zimbabwe regime appears unable to stop ridiculing itself on the global stage.The recent visit to Zimbabwe by the President of the National Assembly of People's Power and the Council of Sta...Published: 05 Mar 2025 at 16:29hrs | 899 | by Tendai Ruben Mbofana
Harare deploys special police unit against vendors
The City of Harare has announced the creation of a new municipal police unit tasked with raiding illegal traders and arresting litterbugs in the central business district (CBD). This move is part of t...Published: 01 Mar 2025 at 09:21hrs | 1021 | by Staff reporter
Mnangagwa to officially re-open Mbare Market
President Emmerson Mnangagwa is set to officially re-open Mbare Market in two weeks, following extensive reconstruction after a devastating fire last November. The re-opening ceremony will also mark t...Published: 01 Mar 2025 at 09:06hrs | 335 | by Staff reporter
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 404 | by Staff reporter
Zimbabwe could clear arrears with bold reforms
Zimbabwe could clear its arrears and rework $21 billion in debt that's kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms, the Wor...Published: 27 Feb 2025 at 11:05hrs | 356 | by Staff reporter
Zimbabwe inflation in major downtrend
Zimbabwe's inflation rate experienced a notable downturn in February, decreasing by 10 percentage points to 0.5 percent, signaling progress toward long-term economic stability and price predictability...Published: 27 Feb 2025 at 11:02hrs | 220 | by Staff reporter
Bulawayo councillors push for stricter enforcement of bylaws
Bulawayo councillors are calling for tighter enforcement of health regulations to curb the growing number of unhygienic food outlets operating in the city.Ward 28 Councillor Ntandoyenkosi Ndlo...Published: 24 Feb 2025 at 18:20hrs | 515 | 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 | 493 | by Marilyn Mutize
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 | 3830 | 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
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'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 | 255 | 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 | 6457 | 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 | 229 | 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 | 1436 | 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 | 7255 | 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 | 143 | 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 | 1317 | 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 | 755 | 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 | 379 | 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 | 170 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1034 | by Tendai Ruben Mbofana
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2038 | by Staff reporter
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 559 | by Staff reporter
Varun Beverages brings PepsiCo snacks to Zimbabwe
Varun Beverages Limited will start distributing PepsiCo snacks in Zimbabwe and Zambia from next week, with plans to begin local manufacturing when its production plant comes online in October this yea...Published: 31 Jan 2025 at 07:26hrs | 376 | by Staff reporter
Emerging markets opening up away from the UK as regulations continue to hit the casino industry
When an entertainment avenue enjoys such a meteoric rise into the limelight, it can be easy to be swept along with the success of it. For the iGaming industry, the past years have proved extremely fru...Published: 30 Jan 2025 at 21:21hrs | 47 | by Staff reporter
Betting Shops vs Betting Apps: Which Is Better in 2025?
We've all been there - standing in line at a betting shop, feeling the energy of the crowd, the buzz in the air. But then you think, "Isn't it easier to just ...Published: 30 Jan 2025 at 21:20hrs | 342 | by Staff reporter
Load More Stories