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Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 21 hrs ago | 9717 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 198 | 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 | 413 | by `
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 139 | by Staff reporter
Zimbabwe makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 222 | by Staff reporter
No end in sight to Zimbabwe's electricity crisis
Zimbabwe is currently grappling with a severe energy crisis, characterized by daily load-shedding lasting up to 16 hours. Meanwhile, neighboring Zambia remains cautiously optimistic about easing its p...Published: 24 May 2025 at 10:59hrs | 280 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 605 | by Staff reporter
'Zimbabwe, EU ties to top US$1bn'
Trade and investment ties between Zimbabwe and the European Union (EU) are expected to exceed US$1 billion in the coming years, as both parties strengthen economic collaboration, EU Ambassador to Zimb...Published: 21 May 2025 at 19:54hrs | 264 | by Staff reporter
Gweru gets new vehicles
The Gweru City Council has taken delivery of four brand-new vehicles valued at approximately US$165,000, marking a significant step toward improving service delivery in the city.The new fleet ...Published: 21 May 2025 at 19:50hrs | 190 | by Staff reporter
EU-Zimbabwe Business Forum kicks off in Harare
The inaugural EU-Zimbabwe Business Forum kicked off in Harare on Tuesday, marking a significant step toward revitalising and strengthening trade and investment relations between Zimbabwe and the Europ...Published: 21 May 2025 at 13:22hrs | 106 | by Staff reporter
ZimAlloys engages communities as mining operations set to begin
In a dusty, overcrowded classroom at Mapeume Secondary School, tension mixed with anticipation as villagers from Insiza and Mberengwa gathered to meet representatives from Zimbabwe Alloys Limited (Zim...Published: 19 May 2025 at 09:23hrs | 125 | 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
Gukurahundi awareness campaigns set for this week
Traditional leaders in Matabeleland North and South provinces will begin receiving logistical support, including fuel allocations, starting Monday as they prepare to launch a week-long public awarenes...Published: 18 May 2025 at 11:49hrs | 162 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 133 | by Staff reporter
Zimbabwe's Trabablas Interchange to open this May
The long-awaited Trabablas Interchange Construction Project is in its final stages and is set to officially open to traffic this May, bringing much-needed relief to motorists and commuters who have lo...Published: 13 May 2025 at 10:29hrs | 3712 | by Staff reporter
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 161 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 161 | by Staff reporter
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 114 | 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 | 99 | by Staff reporter
Ex-Zimbabwe farmer reflects on lost legacy
For Rory Duncan, a former commercial farmer in Zimbabwe, memories of the Eastern Highlands are both vivid and painful - a haunting contrast between prosperity and the aftermath of a country's failed l...Published: 12 May 2025 at 20:03hrs | 981 | by Staff reporter
Winter wheat production takes off in Matabeleland South
Matebeleland South Province is ramping up preparations for the 2025 winter wheat season, with land preparation currently underway and a target of cultivating 2,300 hectares - a modest increase fro...Published: 11 May 2025 at 12:36hrs | 77 | by Staff reporter
CBZ Holdings partners ZOC
One of Zimbabwe's leading financial institutions, CBZ Holdings, has entered into a strategic partnership with the Zimbabwe Olympic Committee (ZOC) in a bold move aimed at improving the country's prepa...Published: 09 May 2025 at 11:04hrs | 82 | by Staff reporter
Zimbabwe to recruit 8,000 teachers
The Ministry of Primary and Secondary Education is set to recruit 8,000 teachers in the upcoming second term, pending final approval from the Treasury. The recruitment drive, announced yesterday, is a...Published: 08 May 2025 at 09:37hrs | 233 | by Sytaff 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 | 209 | by Staff reporter
Zimbabwe invents herbal antivenom
In a potentially life-saving scientific breakthrough, Chinhoyi University of Technology (CUT) has made significant progress in the development of a herbal-based polyvalent antivenom, with promising pr...Published: 06 May 2025 at 08:41hrs | 433 | by Staff reporter
Zimbabwe adapts to use technology in agriculture
Zimbabwe is rapidly transforming its agricultural sector through the adoption of agritech and climate-smart solutions as it works to combat the effects of climate change, improve yields, and reclaim i...Published: 06 May 2025 at 08:40hrs | 166 | by Staff reporter
Kariba Dam water levels records steady rise
Water levels in Lake Kariba have recorded a steady rise, offering renewed optimism for improved electricity generation in Zimbabwe and Zambia, according to the latest update from the Zambezi River Aut...Published: 05 May 2025 at 15:54hrs | 322 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 809 | 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 | 778 | by Staff reporter
Iran-Zimbabwe to launch pharmaceutical joint venture
Zimbabwe is set to benefit from a major industrial boost following Iran's commitment to establish a pharmaceutical manufacturing facility and a tractor assembly plant in the country through a joint ve...Published: 30 Apr 2025 at 07:12hrs | 134 | by Staff reporter
Lupane methane gas project set to begin operations in Q2 2025
The Lupane Methane Gas (LMG) Project is expected to commence operations in the second quarter of 2025, according to the project's executive chairperson, Thabani Hove.Hove revealed that the pro...Published: 29 Apr 2025 at 07:12hrs | 456 | 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 | 47 | by Staff reporter
Dynamos fans disgruntled
Dynamos 0 - 0 Kwekwe UnitedDynamos FC supporters vented their frustration yesterday after their team failed to secure a win against struggling Kwekwe United in a goalless Castle Lager Premiers...Published: 28 Apr 2025 at 12:14hrs | 50 | by Staff reporter
Mnangagwa tour ZITF stands in Bulawayo
Cheers, ululations, and an air of celebration echoed through the Zimbabwe International Trade Fair (ZITF) yesterday as Mozambican President Daniel Chapo joined President Emmerson Mnangagwa for a high-...Published: 26 Apr 2025 at 09:30hrs | 126 | 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
Young miners secure 300ha of land for chrome washing
The Young Miners Foundation (YMF) has secured 300 hectares of chrome-rich land in Mvurwi, Mashonaland Central province, as part of a structured, youth-led chrome processing initiative aimed at transfo...Published: 24 Apr 2025 at 07:34hrs | 279 | 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 | 37 | by Staff reporter
Mnangagwa swears in new commissioners to ZACC and Defence Forces
President Emmerson Mnangagwa yesterday swore in 14 new commissioners to the Zimbabwe Anti-Corruption Commission (ZACC) and the Defence Forces Service Commission (DFSC) during a ceremony held at State ...Published: 24 Apr 2025 at 07:18hrs | 306 | by Staff reporter
Matebeleland South crippled by poor roads, media blackout
Matebeleland South province is grappling with serious developmental hurdles due to a deteriorating road network and inadequate radio and television connectivity, the newly-appointed Minister of State ...Published: 23 Apr 2025 at 08:36hrs | 283 | by Staff reporter
Zanu-PF eyes victory in Gutu East by-election
Zanu-PF is gearing up for a strong showing in the upcoming Gutu East parliamentary by-election, with the ruling party expressing confidence in retaining the seat following a decisive primary election ...Published: 23 Apr 2025 at 08:27hrs | 67 | by Staff reporter
India reassures Zim collaboration, applauds Chiwenga
BULAWAYO - India's Ambassador to Zimbabwe, His Excellency Bramha Kumar appreciated Zimbabwe International Trade Fair's (ZITF) business to business arrangements and emphasised the growing interest of I...Published: 22 Apr 2025 at 22:10hrs | 664 | by Gideon Madzikatidze/Simbarashe Sithole
Badly managed Caps United's crisis deepens
Caps United 0 - 1 Bikita MineralsJust when it seemed things couldn't get any worse for Caps United, they plunged deeper into crisis with a crushing 1-0 defeat at home to league debutants...Published: 21 Apr 2025 at 08:55hrs | 122 | 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 | 912 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 11459 | by Staff reporter
Zimbabwe manufacturing sector faces challenges
Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...Published: 16 Apr 2025 at 23:23hrs | 103 | by Staff reporter
Govt boosts completion drive on Harare-Beitbridge highway
The Government has released a new tranche of funding to expedite the completion of outstanding sections of the Harare–Beitbridge Highway, with contractors now back on site and working at full thrott...Published: 14 Apr 2025 at 09:06hrs | 250 | by Staff reporter
Zimbabwean avocado gains traction among Chinese importers
CHINESE importers have positively reviewed the quality and output of Zimbabwean avocados and are committed to helping local farmers tap into the Chinese market, a Chinese trade specialist has said....Published: 13 Apr 2025 at 09:50hrs | 313 | by Staff reporter
Glen View South by-election underway
Voting in the Glen View South by-election got off to a smooth and peaceful start this morning, with polling stations opening promptly at 7:00 AM and a steady stream of voters arriving to cast their ba...Published: 12 Apr 2025 at 12:47hrs | 55 | by Staff reporter
ICC Chairman visits Zimbabwe, expresses hope for cricket revival
International Cricket Council (ICC) chairman Jay Shah arrived in Zimbabwe on Wednesday, expressing optimism that his visit would inspire a revival of the sport in the country and help restore it to it...Published: 12 Apr 2025 at 09:09hrs | 103 | 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 | 81 | by Staff reporter
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