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RBZ guarantees US$ contracts beyond 2030
The Reserve Bank of Zimbabwe (RBZ) has reassured markets that U.S. dollar contracts will remain valid even after the government's 2030 de-dollarisation deadline, a major policy shift aimed at preventi...Published: 14 hrs ago | 249 | by Staff reporter
Zanu-PF candidate wins unopposed
Zanu-PF candidate Charles Nyamundanda has been declared the duly elected councillor for Marondera Municipality Ward 9 after his only challenger, Alice Machingauta of the MDC-T, withdrew from the race....Published: 22 Aug 2025 at 18:33hrs | 333 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 995 | by Staff reporter
Silibaziso Mlotshwa to become one of the few female chiefs
A historic installation ceremony is scheduled for Friday as Silibaziso Mlotshwa, daughter of the late Chief Mvuthu Nyangayezizwe Mlotshwa, prepares to assume the chieftaincy, bringing an end to a deca...Published: 13 Aug 2025 at 13:04hrs | 734 | by Staff reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 452 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 433 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 462 | by Staff Reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 481 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 130 | by Staff reporter
ZEC sets August 2 for Epworth ward 6 by-election
The Zimbabwe Electoral Commission (ZEC) has officially declared August 2, 2025, as the date for the by-election to fill the vacant Ward 6 seat on the Epworth Local Board.The seat became vacant...Published: 08 Jul 2025 at 19:10hrs | 80 | by Staff reporter
Elias Musakwa embroiled in chieftainship battle
A fierce succession battle has erupted within the Chinamhora dynasty, with several families moving to block the installation of Richard Jeyi as substantive Chief Chinamhora, arguing that he is not the...Published: 07 Jul 2025 at 12:01hrs | 933 | by Staff reporter
Tagwirei awaits Central Committee ratification
The recent nominations of new members to the Zanu PF Central Committee, including prominent businessman Kudakwashe Tagwirei, await formal ratification at the ruling party's next Central Committee meet...Published: 04 Jul 2025 at 07:52hrs | 1063 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 196 | by Brighton Musonza
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 459 | by Staff reporter
Zimbabwe's agric producer prices surge 36.4%
Zimbabwe's agricultural producer prices spiked sharply in May 2025, with the Zimbabwe National Statistics Agency (ZimStat) reporting a 36.4% year-on-year (YoY) increase in the Producer Price Index for...Published: 01 Jul 2025 at 08:03hrs | 68 | by Staff reporter
High Court upholds appointment of Chief Mugabe
The High Court has dismissed a legal challenge to the appointment of Matubede Mudavanhu as Chief Mugabe of Masvingo Province, bringing an end to a protracted dispute over the traditional leadership....Published: 24 Jun 2025 at 09:14hrs | 139 | by Staff reporter
Zimbabwe's cashless push stumbles
Zimbabwe's digital payments ecosystem experienced a notable contraction in the first quarter of 2025, with the total value of electronic transactions processed through national payment systems falling...Published: 16 Jun 2025 at 14:42hrs | 120 | by Staff reporter
Small town councillors plan US$50,000 South Korea trip
Residents of Chiredzi and disgruntled council workers have voiced strong opposition to a planned overseas trip by the town council chairperson and two junior councillors to South Korea next month. The...Published: 16 Jun 2025 at 14:35hrs | 44 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 222 | by Staff reporter
Zimbabwe's ex-Minister of ICT's X account hacked
Zimbabwe's former Minister of Information Communication Technology and opposition Citizens Coalition for Change (CCC) leader Nelson Chamisa has become the latest high-profile political figure to fall ...Published: 10 Jun 2025 at 14:13hrs | 360 | by Staff reporter
RBZ applauds declining inflation
The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...Published: 03 Jun 2025 at 09:48hrs | 87 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 2009 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 163 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 65 | by Staff reporter
Black and White farmers rebuild Zimbabwe's agricultural ties
In a field rich with paprika plants near the heart of Zimbabwe, fourth-generation white farmer Daniel Burger and newcomer Miriam Mupambawashe - a black farmer who arrived with the land reforms of the ...Published: 30 May 2025 at 08:51hrs | 105 | by Staff reporter
'Zimbabwe could unlock US$9bn from retaken land'
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has revealed that Zimbabwe could unlock up to US$9 billion from land seized during the 2001 fast-track land reform prog...Published: 29 May 2025 at 10:24hrs | 212 | by Staff reporter
Zanu-PF warns Tagwirei
ZANU-PF will not tolerate businessmen who join the ruling party with secret ambitions to take power, party spokesperson Christopher Mutsvangwa has warned, amid growing speculation that influential bus...Published: 28 May 2025 at 12:16hrs | 5318 | by Staff reporter
Decade-long Hwange chieftaincy wrangle ends with Mlotshwa's appointment
The protracted succession battle over the Mvuthu chieftaincy in Hwange District has finally come to an end following the appointment of 29-year-old Silibaziso Mlotshwa as the substantive Chief Mvuthu....Published: 26 May 2025 at 08:29hrs | 291 | by Staff reporter
Zimbabwean refugee becomes Mayor in the UK
A MUM who came to Reading as a refugee has been made the first Black female Mayor.She came to Reading in the 1990s as a refugee from her native Zimbabwe.In her acceptance speech, Counc...Published: 24 May 2025 at 08:51hrs | 445 | by Staff reporter
Biti warns of disaster if Tagwirei ascends to Zimbabwe's Presidency
Former opposition MP and finance minister Tendai Biti has sounded alarm over the possible political elevation of controversial businessman Kudakwashe Tagwirei, warning that his rise to the presidency ...Published: 22 May 2025 at 10:11hrs | 929 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 383 | by Staff reporter
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 71 | by Staff reporter
BREAKING: 4 candidates successfully nominated for Insiza North By-elections
Four candidates have been successfully nominated to contest the Insiza North constituency by-elections.The by-elections are set to be held on June 14, following the death of the then-incumbent...Published: 15 May 2025 at 19:09hrs | 838 | by Stephen Jakes
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 776 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1690 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 510 | by Staff reporter
Magriza Made Me Cook nominated at EuroFilmFestZW
For five years, the late Violet Masiye (née Nkomo) shared her kitchen wisdom with her grandson, Prince Sivalo Mahlangu. Today, her legacy is being celebrated on the international stage, as Mahlangu's...Published: 07 May 2025 at 21:01hrs | 226 | by Staff reporter
Corporates leaving CBD in favour of suburbs - First Mutual
First Mutual Property (FMP) has reported a notable migration of corporate tenants from Harare's Central Business District (CBD) to suburban office locations, citing increased convenience and improved ...Published: 06 May 2025 at 08:39hrs | 273 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 23 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 24 Apr 2025 at 07:08hrs | 148 | by Staff reporter
ZANU-PF Ministers dump Glenview, sprint to Gokwe
Using selective honesty and generosity to disarm opposition in Glenview South, ZANU-PF syndicates and some cabinet Ministers temporarily fake development ...Published: 17 Apr 2025 at 07:18hrs | 1186 | by Gideon Madzikatidze/Simbarashe Sithole
Rampant corruption, nepotism hit Catholic school...headmistress embezzle funds
Parents are up in arms with Ekusileni Secondary School headmistress in Filabusi, with some threatening to withdraw and transfer learners from the Catholic-run mixed (boarders and day learners) institu...Published: 16 Apr 2025 at 10:36hrs | 3807 | by Gideon Madzikatidze recently in Filabusi
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
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 | 130 | by Staff reporter
Zimbabwe white former farmers start receiving compensation
The Government of Zimbabwe has begun compensating white former commercial farmers whose land was repossessed during the Land Reform Programme, marking a pivotal step in the country's efforts to resolv...Published: 10 Apr 2025 at 09:01hrs | 93 | by Staff reporter
109 Geza31 demo activists arrested! Nyokayemabhunu, Geza, tell us, what are you doing about it?
The government of Zimbabwe gave SADC & South Africa feedback about the effects of Geza M31st demonstration that was quiet, with sporadic incidences, and insignificant. But 109 activists were arres...Published: 05 Apr 2025 at 19:40hrs | 1195 | by Nomazulu Thata
Chirumanzu chieftainship wrangle takes unexpected turn
The ongoing Chirumanzu chieftaincy dispute has taken a dramatic turn, with opponents of Abraham Nyamande's nomination for the chiefdom filing an urgent High Court application to halt his installation....Published: 28 Mar 2025 at 05:46hrs | 544 | by Staff reporter
Prophet Magaya defies court order, GetBucks seeks police intervention
Prophet Walter Magaya, the founder of the Prophetic Healing and Deliverance (PHD) Ministries, is facing allegations of defying a court order to settle a US$420,140.72 debt owed to GetBucks Microfinanc...Published: 13 Mar 2025 at 16:12hrs | 1490 | by Staff reporter
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