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FBC urges clear Zimbabwe de-dollarisation framework
FBC Holdings Limited has called on the Reserve Bank of Zimbabwe (RBZ) to establish a clear and credible framework for de-dollarisation to ease pressure on the country's foreign currency reserves....Published: 19 hrs ago | 324 | by Staff reporter
Authorities crack down on smuggling and fake goods
Authorities have intensified a nationwide crackdown on smuggling and consumer rights violations, inspecting 3,779 businesses across the country, prosecuting 419 offenders, and seizing more than 4,800 ...Published: 14 Aug 2025 at 10:46hrs | 192 | 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 | 836 | by Staff reporter
How forex brokers make money - and what that means for your trades
Most know that it is best to choose brokers licensed by authorities like FCA (UK), ASIC (Australia), or CFTC (US) for greater transparency. When people choose a broker, they concentrate on the conditi...Published: 13 Aug 2025 at 18:38hrs | 223 | by Staff Reporter
Ministry steps up unannounced business inspections
The Ministry of Industry and Commerce has announced that more impromptu inspections will be carried out to ensure businesses comply with legal and regulatory standards.In an interview, Communi...Published: 13 Aug 2025 at 13:01hrs | 336 | 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 | 415 | by Staff reporter
Zera announces drop in LPG prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in Liquefied Petroleum Gas (LPG) prices in both US dollars and local currency for August 2025.In its latest update, Ze...Published: 13 Aug 2025 at 12:10hrs | 168 | by Staff reporter
Lab-grown diamonds causing havoc
South Africa's cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1 percent le...Published: 11 Aug 2025 at 10:16hrs | 764 | by Staff reporter
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 354 | by Staff reporter
'ZiG outperforms regional peers'
The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...Published: 08 Aug 2025 at 13:02hrs | 306 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 427 | by Staff reporter
Mutapa blocks ZCDC diamond sale
Zimbabwe's state-owned diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has been plunged into a deeper financial crisis after its sole shareholder, the Mutapa Investment Fund (MIF), ve...Published: 08 Aug 2025 at 08:25hrs | 214 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 57 | by Staff reporter
Dairy farmers cry foul over low milk prices
Dairy farmers in Bubi district are struggling to stay afloat as they face a worsening mismatch between the prices offered by milk processors and the rising costs of production, particularly for supple...Published: 03 Aug 2025 at 18:54hrs | 226 | by Staff reporter
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 667 | by Satff reporter
AMA reveals agro-input pricing disparities
The Agricultural Marketing Authority (AMA) has disclosed significant price disparities in agricultural inputs across Zimbabwe, sparking warnings from farming unions about a potential crisis that could...Published: 31 Jul 2025 at 08:20hrs | 81 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 248 | by Staff reporter
Uber shutdown warning in South Africa
The National E-hailing Federation of South Africa (Nefsa) has warned that e-hailing drivers will down tools nationwide unless their demands regarding pay and working conditions are met.Speakin...Published: 29 Jul 2025 at 10:27hrs | 1335 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 422 | by Staff reporter
GMB maize intake rises 100%
The Grain Marketing Board (GMB) has recorded a 100 percent surge in maize intake between April 1 and July 24 this year, compared to the same period in 2024, signalling improved grain deliveries amidst...Published: 27 Jul 2025 at 21:01hrs | 305 | by Staff reporter
Corruption and poor planning blamed for Zimbabwe housing woes
Zimbabwe is grappling with a worsening urban housing crisis, as a combination of poor planning, corruption, and unaffordable housing compounds an estimated 1.5 million-unit backlog nationwide. Local a...Published: 25 Jul 2025 at 17:55hrs | 200 | by Staff reporter
Zimbabwe records surge in LPG consumption
Zimbabwe is experiencing a significant surge in Liquefied Petroleum Gas (LPG) consumption, signalling a growing shift among households and small businesses towards cleaner and more affordable energy a...Published: 22 Jul 2025 at 13:03hrs | 172 | 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 | 473 | by Staff reporter
Econet reports 44% surge in voice calls
Econet Wireless Zimbabwe has reported a remarkable 44 percent year-on-year increase in voice call volumes for the quarter ended May 31, 2025, defying industry expectations that traditional voice servi...Published: 21 Jul 2025 at 12:20hrs | 116 | by Staff reporter
Is this health justice or state overreach?
In the swiftly evolving drama of Zimbabwean healthcare, a new bill in Parliament has stirred both hope and alarm. The Medical Services Amendment Bill, championed by Justice and Parliamentary Affairs M...Published: 19 Jul 2025 at 09:10hrs | 1331 | by Kumbirai Thierry Nhamo
Govt should fix public health, not meddle in private medical practice
This week, Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi announced that the government will keep a close eye on private medical practices, particularly concerning issues of pricing...Published: 18 Jul 2025 at 08:31hrs | 118 | by Staff reporter
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 | 171 | 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 | 1301 | 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 | 1017 | by Staff Reporter
Delta slams local sugar producers over poor quality
Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for b...Published: 09 Jul 2025 at 07:50hrs | 277 | 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 | 379 | by Staff reporter
Zimbabwe considering a Congestion Tax?
Harare is facing escalating challenges due to increasing motorisation, which has led to a congested and often polluted central business district (CBD). This congestion is affecting timely access to wo...Published: 05 Jul 2025 at 14:59hrs | 290 | 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 | 47 | by Staff reporter
Zimbabwe govt owes SeedCo US$40m
Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...Published: 04 Jul 2025 at 12:38hrs | 202 | 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 | 1690 | by Staff reporter
Zimbabweans fume over 'extortionate' car duty valuations
A promotional campaign by the Zimbabwe Revenue Authority (ZIMRA), launched on June 29, 2025, to encourage voluntary compliance among vehicle owners has ignited widespread public outrage. Instead of fo...Published: 30 Jun 2025 at 13:18hrs | 3932 | by Staff reporter
OK Zimbabwe earmarks 50% of capital raise to clear debts
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...Published: 30 Jun 2025 at 13:12hrs | 175 | by Staff reporter
Zimbabwe govt rolls out reforms to end blood challenges
The Ministry of Health and Child Care is undertaking sweeping reforms to Zimbabwe's blood supply system, aimed at making blood more accessible and affordable-particularly in public hospitals-where man...Published: 30 Jun 2025 at 09:04hrs | 104 | by Staff reporter
If Chiwenga is genuine about fighting corruption, then we need action - not just words
There's a saying: action speaks louder than words. Vice President Constantino Chiwenga's recent bold remarks against corruption have stirred debate across Zimbabwe. To direct...Published: 29 Jun 2025 at 18:23hrs | 246 | by Tendai Ruben Mbofana
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 | 291 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1074 | 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
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
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 245 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 187 | by Staff reporter
IMF withholds Zimbabwe reform programme
The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...Published: 20 Jun 2025 at 07:39hrs | 2223 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1288 | 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 | 114 | by Staff reporter
Bosso could cash in big as Orlando Pirates chase Prince Ndlovu
Highlanders Football Club stands to gain a significant windfall as South African Premier Division giants Orlando Pirates express keen interest in signing their teenage prodigy, Prince Ndlovu. Reports ...Published: 16 Jun 2025 at 15:09hrs | 1629 | by Staff reporter
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