Search / Medium enterprises
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 248 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 310 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 838 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 199 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 83 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1654 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4209 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Tagwirei mocks 'foolish' Zimbabweans who have not won tenders
Prominent businessman Kudakwashe Tagwirei ignited controversy on Wednesday after declaring that Zimbabweans who have not secured government tenders are "foolish" - effectively labelling the vast major...Published: 26 Jun 2025 at 14:12hrs | 821 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
Bulawayo City Council launches crackdown to clean CBD
Bulawayo City Council (BCC) has embarked on a city-wide crackdown targeting illegal street vending, with intensified day and night raids now actively underway in the Central Business District (CBD). T...Published: 18 Jun 2025 at 18:09hrs | 234 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 313 | by Staff reporter
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1946 | by Staff reporter
Coltart decries lack of arrest powers for Municipal police
Bulawayo Mayor David Coltart has raised concerns over the city's inability to effectively enforce municipal by-laws due to the limited powers of municipal police, particularly their lack of authority ...Published: 24 May 2025 at 11:01hrs | 198 | 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 | 1228 | by Staff reporter
Bulawayo signs landmark innovation MoU
The City of Bulawayo has made a strategic leap towards becoming the nation's innovation powerhouse by signing a Memorandum of Understanding (MoU) with the Research Council of Zimbabwe (RCZ), Zimbabwe ...Published: 12 May 2025 at 18:08hrs | 183 | 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 | 240 | by Staff reporter
Trade Fair brings brisk business for vendors, kombis
For small entrepreneurs like Mr Felix Ndlovu and Mr Lovemore Mutatu, the Zimbabwe International Trade Fair (ZITF) is not just an annual event, but a golden opportunity that redefines their year's earn...Published: 28 Apr 2025 at 12:29hrs | 87 | 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 | 376 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 24 Apr 2025 at 07:20hrs | 69 | by Staff reporter
SMEs drive Zimbabwe's manufacturing sector
Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...Published: 24 Apr 2025 at 07:13hrs | 23 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 Apr 2025 at 22:44hrs | 558 | by Chris Mutsvangwa
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 22 Apr 2025 at 07:37hrs | 1362 | by Staff reporter
ZITF 2025 shatters records
The Zimbabwe International Trade Fair (ZITF) has reached full capacity ahead of its 2025 edition, following an unprecedented surge in interest from local and international exhibitors. The overwhelming...Published: 17 Apr 2025 at 07:37hrs | 915 | by Staff reporter
What triggered the call for the failed 31 March 'uprising' in Zimbabwe?
The old-age wisdom that facts are stubborn came alive last week after social media platforms and sections of the mainstream media went into a frenzy with sensational claims that the Parliament of Zimb...Published: 15 Apr 2025 at 18:22hrs | 2797 | by Jonathan Moyo
Mnangagwa calls on accountants to safeguard national resources
President Emmerson Mnangagwa has called on local accountants to serve as trustworthy gatekeepers of national resources in a bid to curb fraud and corruption, which continue to drain the country's fina...Published: 12 Apr 2025 at 13:08hrs | 61 | by Staff reporter
Mnangagwa opens Mbare market
President Emmerson Mnangagwa has officially launched Phase 1 of the Mbare Musika Traders Market, a state-of-the-art facility aimed at providing a modern and conducive environment for Small to Medium E...Published: 12 Apr 2025 at 12:54hrs | 152 | by Staff reporter
Mnangagwa fires Sithembiso Nyoni
President Emmerson Mnangagwa has dismissed Sithembiso Gile Gladys Nyoni from her position as Minister of Environment, Climate, and Wildlife with immediate effect.The decision was made in terms...Published: 03 Apr 2025 at 19:16hrs | 3987 | by Staff reporter
Mutsvangwa leads Zimbabwean entrepreneurs on weeklong China tour
The Minister of Women Affairs, Community, Small and Medium Enterprises Development, Monica Mutsvangwa, is leading a high-profile delegation of Zimbabwean small and medium enterprises (SMEs) on a weekl...Published: 02 Apr 2025 at 08:48hrs | 90 | by Staff reporter
Mnangagwa turns to vendors to thwart 31 March protest
President Emmerson Mnangagwa has reaffirmed the government's commitment to supporting vendors and the informal sector, recognizing their critical role in the country's economic development. Speaking d...Published: 27 Mar 2025 at 06:19hrs | 3498 | by Staff reporter
Zimbabwe to slash taxes and fees
The Zimbabwean government has announced plans to implement significant reductions in taxes and regulatory fees over the next six months as part of efforts to enhance the ease of doing business and att...Published: 16 Mar 2025 at 09:20hrs | 368 | by Staff reporter
Police vow enforcement against all illegal vendors
The Zimbabwe Republic Police (ZRP) has pledged to assist municipalities and other security agencies in clearing vendors from the streets following a 48-hour ultimatum issued by Local Government and Pu...Published: 15 Mar 2025 at 10:12hrs | 218 | 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 | 206 | by Gideon Madzikatidze/Simbarashe Sithole
Bulawayo hotels, lodges already fully booked ahead of ZITF 2025
The 65th edition of the Zimbabwe International Trade Fair (ZITF) is fast approaching, and major hotels and lodges in Bulawayo are already fully booked as preparations for the highly anticipated event ...Published: 09 Mar 2025 at 13:16hrs | 7154 | by Staff reporter
Nedbank reaffirms commitment to Zimbabwe as an investment destination
Nedbank Group has reiterated that Zimbabwe remains an attractive destination for foreign direct investment and pledged continued support for key sectors of the economy to drive growth.Dr. Tere...Published: 07 Mar 2025 at 06:55hrs | 110 | 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 | 344 | by Staff reporter
Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 22 Feb 2025 at 11:07hrs | 765 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
The Unholy Pursuit of Power: A Rebuttal to the Proposal for Extending President Mnangagwa's Term
An article by Tinotenda recently espoused the notion that the proposal for extending President Mnangagwa's term is centered around ensuring continuity and stability in Zimbabwe's economic recovery and...Published: 15 Feb 2025 at 22:45hrs | 433 | by Etiwel Mutero
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 | 753 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1253 | 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 | 2388 | by Staff reporter
Mnangagwa's third term bid is worsening the suffering of Zimbabweans
President Emmerson Mnangagwa's ambition to extend his stay in power beyond the constitutional two-term limit has taken center stage in Zimbabwean politics, overshadowing the real issues plaguing the c...Published: 23 Dec 2024 at 00:59hrs | 307 | by Tendai Ruben Mbofana
Drought halts operations at mopane worm processing plant
Operations at the Mbvelelo Mopani Worm Processing Plant in Matshiloni, Beitbridge District, have come to a standstill due to a significant shortage of mopane worms, a vital raw material for the facili...Published: 20 Dec 2024 at 11:07hrs | 132 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 374 | by Constantine Chikosi
Mutsvangwa applauds Matebeleland South
Women Affairs, Community, Small and Medium Enterprises Development Minister Monica Mutsvangwa has lauded efforts in Matabeleland South to combat child marriages, highlighting the province's proactive ...Published: 03 Dec 2024 at 09:08hrs | 236 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 87 | by Willias Madzimure
3 women raped in Bulawayo every week
The Minister of Women Affairs, Community, Small and Medium Enterprises Development, Monica Mutsvangwa, officially inaugurated a regional one-stop center for gender-based violence (GBV) survivors at Mp...Published: 28 Nov 2024 at 16:56hrs | 512 | by Staff reporter
Mnangagwa cracks whip
President Emmerson Mnangagwa has issued a stern warning to local authorities involved in corrupt practices, pledging that no perpetrators will be spared as the Government intensifies its fight against...Published: 27 Nov 2024 at 06:43hrs | 446 | by Staff reporter
Load More Stories