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'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 129 | by Staff reporter
Africa's inequality crisis: How government systems fuel corruption and entrench elitism
A recent Oxfam report has ignited renewed scrutiny of Africa's political and economic order, revealing a disturbing truth: while a handful of billionaires accumulate staggering wealth, hundreds of mil...Published: 14 Jul 2025 at 07:12hrs | 128 | by James Mathonsi
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 130 | by Staff reporter
Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 81 | by Staff reporter
ZERA Announces New Fuel Prices Effective 9 July 2025
The Zimbabwe Energy Regulatory Authority (ZERA) has released the new petroleum prices for July 2025, which came into effect on Wednesday, 9 July. The updated prices apply until 4 August 2025 and refle...Published: 10 Jul 2025 at 13:57hrs | 829 | by Staff Reporter
Govt tasks ARDA to deliver 850 000t grain annually
The Government of Zimbabwe has officially restructured the Agricultural and Rural Development Authority (ARDA), assigning it a pivotal role as the country's main food security agency. ARDA is now mand...Published: 09 Jul 2025 at 08:04hrs | 147 | by Staff reporter
How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 535 | by Harrison Brooks
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 | 196 | by Staff reporter
Zimbabwean who went from earning R1,500 to R5m per month
July Ndlovu went from a rural village in Zimbabwe to becoming the CEO of Thungela Resources, one of South Africa's most successful coal mining companies. He began his career as a graduate...Published: 08 Jul 2025 at 10:14hrs | 1599 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 117 | by Staff reporter
Delta Corporation slams Zimra over uncertainties
Zimbabwe's largest beverage manufacturer, Delta Corporation Limited, has accused the country's tax authorities of fueling business uncertainty through what it described as the arbitrary creation of le...Published: 07 Jul 2025 at 08:47hrs | 367 | by Staff reporter
Bulawayo residents raise alarm over council procurement processes
Bulawayo residents have voiced growing concern over the Bulawayo City Council's (BCC) procurement and tender procedures, accusing the local authority of a lack of transparency that has led to shoddy w...Published: 07 Jul 2025 at 08:45hrs | 104 | by Staff reporter
Scottland hikes gate charges for Caps clash
The Castle Lager Premier Soccer League (PSL) has approved a request by top-flight newcomers Scottland FC to increase gate charges for their highly anticipated home match against giants Caps United, sc...Published: 05 Jul 2025 at 10:22hrs | 46 | by Staff reporter
Pakistani millers wreck havoc
Local grain milling companies are crying foul over the invasion of stipulated reserved sectors by foreign nationals.Speaking on the sidelines of an engagement with the Grain Millers Associatio...Published: 04 Jul 2025 at 22:37hrs | 680 | by Paul Ndou
Starafrica feels the pinch of sugar tax
Local sugar producer Starafrica Corporation says it is grappling with weak demand for industrial sugar, with the government-imposed sugar tax on beverages negatively affecting some of its key customer...Published: 04 Jul 2025 at 12:33hrs | 93 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 141 | by Staff reporter
Timber shortage hits Zimbabwe
Zimbabwe is grappling with a serious timber shortage that has left the local market heavily reliant on imports from neighbouring countries, particularly South Africa, as deep-rooted challenges continu...Published: 04 Jul 2025 at 07:39hrs | 231 | by Staff reporter
Cotton farmers earn over US$3 million
Zimbabwean cotton farmers have sold more than US$3 million worth of seed cotton to the Cotton Company of Zimbabwe (Cottco) so far this season, with the state-run firm confirming it is paying growers e...Published: 03 Jul 2025 at 19:10hrs | 143 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1683 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 306 | by Staff reporter
Local millers cry foul over foreign takeover of reserved sector
Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators....Published: 03 Jul 2025 at 09:12hrs | 210 | by Staff reporter
South Africa's colonial name to be changed?
The African Transformation Movement (ATM) and other political parties plan to approach parliament and the Constitutional Review Committee to change South Africa's name to the Republic of Azania, among...Published: 02 Jul 2025 at 19:36hrs | 3865 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 164 | by Staff reporter
Presidential inputs scheme beneficiaries urged to deliver grain to GMB
Beneficiaries of the Presidential Inputs Scheme are being encouraged to deliver at least 10 kilogrammes of grain, as well as any surplus produce, to the Grain Marketing Board (GMB) as part of efforts ...Published: 02 Jul 2025 at 12:04hrs | 98 | by Staff reporter
Farmers urged to adopt cluster farming
Farmers in Mwenezi East, Masvingo province, have been encouraged to adopt cluster farming as a strategy to increase production, enhance food security, and generate export-ready surplus grain.T...Published: 01 Jul 2025 at 08:04hrs | 89 | 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 | 65 | by Staff reporter
Zimbabwe's monthly inflation eases to 0.3%
Zimbabwe's month-on-month inflation rate eased to 0.3% in June 2025, shedding 0.6 percentage points from the May figure of 0.9%, according to data released by the Zimbabwe National Statistics Agency (...Published: 30 Jun 2025 at 09:03hrs | 236 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2694 | by Staff reporter
ZERA defends US$191,000 IT equipment purchase
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a statement defending its recent US$191,679.50 procurement of laptops and desktop computers, following growing public interest and criticism ...Published: 29 Jun 2025 at 18:56hrs | 203 | by Staff reporter
Zimbabwe's ZiG annual inflation rate surges to 92,5%
Zimbabwe's local currency, Zimbabwe Gold (ZiG or ZWG), recorded a sharp annual inflation surge of 92.5% in June 2025, up by 0.4 percentage points from May, according to the latest data released by the...Published: 28 Jun 2025 at 15:17hrs | 278 | by Staff reporter
Food contract for Zimbabwe's security services sparks debate
A multi-million-dollar food supply contract awarded to Agrifora Private Limited to serve Zimbabwe's security services-including the Zimbabwe National Army, Zimbabwe Republic Police (ZRP), and Zimbabwe...Published: 27 Jun 2025 at 15:17hrs | 289 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1721 | by Staff reporter
Smallholder farmers dominate potato market
Smallholder farmers are fast becoming the dominant force in Zimbabwe's potato industry, now supplying the bulk of produce arriving daily at Mbare Musika, the country's largest agricultural market....Published: 25 Jun 2025 at 09:04hrs | 98 | by Staff reporter
US$15m mine to open in Mutawatawa
The construction of Zim Win Mine in Mutawatawa, Uzumba-Maramba-Pfungwe (UMP) district, is nearing completion, marking a significant step forward in Zimbabwe's rural industrialisation agenda.Of...Published: 24 Jun 2025 at 10:22hrs | 183 | by Staff reporter
Consumer watchdog wants tough stance against substandard products
The Consumer Council of Zimbabwe (CCZ) has urged the government to strengthen enforcement of the Consignment-Based Conformity Assessment (CBCA) programme to shield consumers from substandard, co...Published: 24 Jun 2025 at 09:26hrs | 33 | by Staff reporter
It will take more than Mnangagwa's gold vault tour to restore public trust in the ZiG
There's a saying: trust is built over time - but can be destroyed in an instant, and once broken, confidence is not only shattered, but painfully difficult to rebuild.President Emmerson Mnanga...Published: 23 Jun 2025 at 18:56hrs | 351 | by Tendai Ruben Mbofana
Zimbabwe moves to reform public medicine supply system
The Ministry of Health and Child Care has embarked on a sweeping reform process aimed at resolving medicine shortages at public hospitals, despite the country's main pharmaceutical distributor, NatPha...Published: 22 Jun 2025 at 11:03hrs | 378 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 116 | by Staff reporter
Zimbabwe govt faces backlash over new seed treatment rule
Zimbabwe's major seed producers have raised serious concerns over a new government regulation that mandates chemical treatment of all certified maize seed, warning that the move could sharply increase...Published: 20 Jun 2025 at 17:33hrs | 105 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 98 | by Staff reporter
CZI sounds alarm over substandard goods in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has raised concern over the continued flood of substandard and mispriced goods entering the country, despite the existence of the Consignment-Based Confo...Published: 20 Jun 2025 at 06:05hrs | 127 | by Christopher Mutambirwa
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 235 | 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
Miss Universe Zimbabwe 2025 queens receive prizes
The newly crowned Miss Universe Zimbabwe 2025 winners were officially honoured with their prizes on Saturday, marking a key milestone in their journey toward representing Zimbabwe on the global stage ...Published: 17 Jun 2025 at 07:35hrs | 247 | by Staff reporter
Zimbabwe Mercantile Exchange reports surge in grain demand
The Zimbabwe Mercantile Exchange (ZMX) has recorded a significant surge in demand for grain commodities during the trading week of June 9 to 13, highlighting a dynamic shift in the country's agricultu...Published: 17 Jun 2025 at 07:32hrs | 88 | by Staff reporter
Water barons exploit Bulawayo's deepening water crisis
Unscrupulous individuals in Bulawayo are taking advantage of the city's worsening water crisis by selling scarce water at high prices and charging extra fees for delivery to desperate residents unable...Published: 16 Jun 2025 at 15:03hrs | 515 | by Staff reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 197 | by Staff reporter
Vapostori invest in US$2m concrete plant
The US$2 million investment by Taguta Stone Crushers in Mutare's construction materials sector, alongside significant agricultural and educational ventures by the Johane Marange Apostolic Church natio...Published: 16 Jun 2025 at 14:41hrs | 74 | by Staff reporter
GMB expands grain collection points
The Government has cautioned farmers against selling their maize and other grains to unscrupulous private buyers offering instant cash at prices far below the official rate, warning that such transact...Published: 13 Jun 2025 at 06:22hrs | 141 | by Staff reporter
Zimbabwe govt mobilises for timely grain payments
The government is mobilising resources to ensure prompt payment for up to 150 000 metric tonnes of grain and oilseed deliveries following an improved 2024/25 agricultural season, Information, Publicit...Published: 12 Jun 2025 at 18:51hrs | 50 | by Staff reporter
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