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Govt workers stage a flash protest at Mthuli Ncube's office
Civil servants staged a flash protest yesterday at the New Government Complex before marching to the offices of the Ministry of Finance, Economic Development and Investment Promotion in Harare, pressi...Published: 15 Jul 2025 at 08:20hrs | 678 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | by Staff reporter
Trabablas Interchange scandal deepens
The cost of constructing the controversial Trabablas Traffic Interchange in Harare has surged to US$114 million, sparking a storm in Parliament amid growing concerns over fiscal transparency and poten...Published: 10 Jul 2025 at 21:10hrs | 1272 | by Staff reporter
Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 431 | by Staff reporter
Tagwirei's risky play in Zimbabwe's Game of Thrones
Business tycoon Kudakwashe Tagwirei's dramatic ejection from Zanu-PF's 126th Ordinary Session of the Central Committee has thrown a harsh spotlight on the formidable political headwinds he faces as he...Published: 09 Jul 2025 at 07:57hrs | 705 | by Staff reporter
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 82 | by Staff reporter
Here's who won Zimbabwe govt's biggest road tenders
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? Fossil...Published: 04 Jul 2025 at 14:30hrs | 27261 | by Staff reporter
'Where are the cancer machines?' asks Khupe
Opposition Member of Parliament Thokozani Khupe has demanded a full disclosure from Finance Minister Mthuli Ncube on how proceeds from the sugar tax are being utilised in the fight against cancer, ami...Published: 26 Jun 2025 at 09:02hrs | 163 | by Staff reporter
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 105 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 606 | by Staff reporter
IMF wants Zimbabwe's gold-backed ZiG to become sole currency
The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...Published: 11 Jun 2025 at 09:05hrs | 1156 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 978 | by Staff reporter
US denies Trump aid cuts are affecting Zimbabwe's HIV treatment
The United States government has rejected allegations that its recent aid reductions are jeopardising Zimbabwe's access to Antiretroviral Therapy (ART) and other essential humanitarian and health prog...Published: 10 Jun 2025 at 08:39hrs | 176 | by Staff reporter
UK Minister jets into Zimbabwe for King Charles' birthday
United Kingdom Minister for Africa, Lord Collins, is expected in Harare this week where he will lead the early celebrations of King Charles III's 75th birthday on Wednesday, June 11.Although t...Published: 09 Jun 2025 at 08:31hrs | 480 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 261 | by Staff reporter
5,000 Zimbabwe teachers quit in 2023
The Ministry of Primary and Secondary Education has revealed that over 5,000 teachers left the profession in 2023, confirming concerns about a growing brain drain in Zimbabwe's education sector. Howev...Published: 05 Jun 2025 at 10:14hrs | 1839 | by Staff reporter
10 rich countries non-committal on Zimbabwe's $2.6b bridge financing appeal
Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burd...Published: 02 Jun 2025 at 12:47hrs | 889 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1863 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 442 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 420 | by `
Zimbabwe sees $2.6bn bridge finance in place by early 2026
Zimbabwe anticipates securing $2.6 billion in bridge financing by the first quarter of next year, a crucial step needed to repay debt owed to international financial institutions and regain access to ...Published: 28 May 2025 at 10:51hrs | 118 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Ministry of Education fails to pay rent for 16 years
Zimbabwe's education system is rapidly collapsing, driven by a combination of chronic underfunding, rampant corruption, indiscipline, and government failure to disburse allocated budgets. Despite prom...Published: 18 May 2025 at 12:13hrs | 582 | by Staff reporter
Guvamatanga dodges Parliament again over US$400 million scandal
Finance Ministry Permanent Secretary George Guvamatanga failed once again to appear before Parliament's Public Accounts Committee (PAC) on Monday, defying expectations that he would explain the gross ...Published: 13 May 2025 at 10:37hrs | 1098 | by Staff reporter
Guvamatanga faces summons threat after snubbing Parliament
Zimbabwe's Finance Ministry permanent secretary George Guvamatanga is facing the threat of a parliamentary summons after he failed to appear before the Public Accounts Committee (PAC) for the second t...Published: 13 May 2025 at 09:58hrs | 108 | by Staff reporter
Zimbabwe retail sector to grow by 5,10% in 2025
The Zimbabwean retail sector is projected to grow by 5.10% in 2025, with its future expansion dependent on how well it navigates the challenges of the operating environment, including the increasing d...Published: 08 May 2025 at 16:08hrs | 193 | by Staff reporter
Zimbabwe war vets launch impeachment drive
A major political storm is sweeping through Zimbabwe's corridors of power as a group of war veterans led by outspoken activist Blessed Geza has initiated an impeachment campaign targeting senior gover...Published: 06 May 2025 at 12:15hrs | 4541 | by Staff reporter
Mthuli Ncube taken to court
A court application filed by registered public accountant Last Matema, challenging the constitution of the Public Accountants and Auditors Board (PAAB), has been dismissed by the High Court, with the ...Published: 28 Apr 2025 at 12:46hrs | 14474 | by Staff reporter
UZ lecturers threaten nationwide shutdown
The University of Zimbabwe (UZ) campus was the scene of intense protest Thursday as lecturers, under the banner of the Association of University Teachers (AUT), warned they would escalate industrial a...Published: 25 Apr 2025 at 14:10hrs | 1390 | by Staff reporter
White and black farmers still bear the scars of Zimbabwe's land grabs
Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s....Published: 24 Apr 2025 at 07:49hrs | 806 | by Farai Matiashe, Al Jazeera
MPs demand answers on Mnangagwa cash schemes
Lawmakers have called for a ministerial statement from Finance Minister Mthuli Ncube regarding the funding sources and the criteria used for selecting beneficiaries of various presidential support sch...Published: 21 Apr 2025 at 09:07hrs | 2048 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 777 | by Staff reporter
Why compensate white farmers, not ZPRA?
Veteran freedom fighter and opposition politician Moses Mzila Ndlovu has strongly criticised the Zimbabwean government's recent payment of compensation to white former commercial farmers, calling it a...Published: 14 Apr 2025 at 19:02hrs | 1622 | by Staff reporter
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
CCC to 'blacklist' members over ED2030 campaign
The Jameson Timba-led faction of the Citizens Coalition for Change (CCC) has issued a stern warning to any party members who may support the proposed amendment to the Constitution aimed at extending P...Published: 12 Apr 2025 at 13:03hrs | 102 | by Staff reporter
Zimbabwe issues dollar bonds to pay ex-farmers for land grabs
Zimbabwe issued treasury bonds worth $308 million and made small cash payments to White farmers who were dispossessed of their property 25 years ago under a state-backed land reform program.Th...Published: 12 Apr 2025 at 09:16hrs | 126 | by Staff reporter
Tendai Biti slams Mnangagwa's 2030 agenda as a corrupt power grab
Former Finance Minister Tendai Biti has come out guns blazing against President Emmerson Mnangagwa's so-called "2030 agenda," describing it as a corrupt and self-serving scheme designed to protect sto...Published: 05 Apr 2025 at 08:36hrs | 324 | by Staff reporter
WATCH: Blessed Geza declares war on corruption, Names Zanu-PF 'looters'
HARARE - Outspoken war veteran Blessed Geza has launched a scathing attack on Zimbabwe's ruling elite, accusing top ZANU-PF officials of corruption and misgovernance. In a fiery national address title...Published: 26 Mar 2025 at 22:45hrs | 4247 | by Nomalizwe Mbulu
Zimbabwe courts US gas investors
Energy and Power Development Minister July Moyo has urged U.S. businesses to invest in Zimbabwe's vast gas reserves, which he says are three times larger than those found in South Africa. Speaking at ...Published: 08 Mar 2025 at 14:41hrs | 63 | by Staff reporter
War veterans agree with Geza
A growing faction of Zimbabwe's war veterans is throwing its weight behind Zanu-PF central committee member Blessed "Bombshell" Geza's call for President Emmerson Mnangagwa to step down, as discontent...Published: 25 Feb 2025 at 16:28hrs | 5277 | by Staff reporter
Zimbabwe expands steel industry as global plants shut down
While steel plants worldwide face closures, Zimbabwe is making significant strides in expanding its steel industry. President Emmerson Mnangagwa has officiated at the groundbreaking ceremony for the U...Published: 24 Feb 2025 at 17:01hrs | 1024 | 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 | 405 | 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
Zimbabwe begins compensation of BIPPA protected ex-white farmers
Finance and Investment Promotion Minister Mthuli Ncube has announced the commencement of compensation payments to farmers under a US$20 million facility allocated in the 2024 National Budget. The paym...Published: 12 Feb 2025 at 06:41hrs | 781 | by Staff reporter
Mnangagwa's govt accused of Intellectual Property theft
Zimbabwe's government is embroiled in a heated dispute with Time Bank after the financial institution accused authorities of infringing on its intellectual property rights. The bank claims that govern...Published: 01 Feb 2025 at 14:03hrs | 2046 | by Staff reporter
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 | 2054 | by Staff reporter
Zimbabwe tightens noose on informal sector
The government has announced stringent measures aimed at protecting the formal sector from what it describes as unfair competition posed by informal traders.In a statement released on Friday f...Published: 01 Feb 2025 at 08:56hrs | 642 | by Staff reporter
Carnage in NGOs, clinics
Thousands of employees in Zimbabwe's non-governmental organisations (NGOs) and civil society organisations (CSOs) face an uncertain future after being told to go home following an executive order by U...Published: 31 Jan 2025 at 07:42hrs | 958 | by Staff reporter
Zimbabwe economy implodes
Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retai...Published: 29 Jan 2025 at 08:49hrs | 1354 | by Staff reporter
Zimbabwe inflation rises sharply in January
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices.In dollar terms inflation accelerated to 14.6% year on year a...Published: 28 Jan 2025 at 21:53hrs | 1339 | by Staff reporter
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