Search / Professor mthuli ncube
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 685 | by Staff reporter
Chiwenga distances self from 'fraudulent' Bulawayo event
The Office of the Vice President, General (Retired) Dr. Constantino Chiwenga, has formally distanced itself from a so-called "Matabeleland Business Dinner" event being widely promoted on social media,...Published: 22 Jul 2025 at 09:29hrs | 453 | by Staff reporter
Mnangagwa concludes Japan visit
President Emmerson Mnangagwa on Friday concluded a five-day working visit to Japan aimed at deepening diplomatic and economic ties, strengthening Zimbabwe's investment appeal, and positioning the coun...Published: 19 Jul 2025 at 09:10hrs | 209 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 126 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 311 | by Staff reporter
Zimbabwe revises GDP upwards to US$44.4 billion
Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimat...Published: 09 Jul 2025 at 07:52hrs | 157 | by Staff reporter
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 | 455 | by Staff reporter
Invictus Energy to get National Project Status
The Zimbabwean government has taken a significant step toward advancing the country's first major oil and gas development after issuing an updated draft of the Petroleum Production Sharing Agreement (...Published: 28 Jun 2025 at 18:46hrs | 520 | by Staff reporter
Zimra surpasses revenue target by 10%
The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...Published: 25 Jun 2025 at 14:33hrs | 113 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1281 | 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 | 147 | by Staff reporter
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 326 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 239 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 134 | by Staff reporter
Zimbabwe deploys drones along Mozambique border
The Zimbabwean government has intensified efforts to clamp down on smuggling along the country's porous eastern border with Mozambique through the full-scale deployment of drone surveillance technolog...Published: 06 Jun 2025 at 09:44hrs | 860 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 603 | by Staff reporter
Zimbabwe cabinet approves Road Accident Fund Bill
The Zimbabwean Cabinet has approved the principles of the Road Accident Fund Bill, a landmark legislative step aimed at improving emergency treatment, medical care, and funeral assistance for road tra...Published: 04 Jun 2025 at 09:32hrs | 701 | by Staff reporter
IMF team set to arrive in Zimbabwe
Zimbabwe is poised to take a crucial step towards restoring its economic credibility and unlocking foreign investment, with an International Monetary Fund (IMF) delegation expected this week to finali...Published: 01 Jun 2025 at 14:25hrs | 277 | by Staff reporter
UK Minister for Africa to visit Zimbabwe
Zimbabwe and the United Kingdom are set to deepen diplomatic and economic ties with the anticipated visit of UK Minister for Africa, Lord Collins, in what is shaping up to be a historic shift in relat...Published: 28 May 2025 at 12:16hrs | 679 | by Staff reporter
Zimbabwe's economic reforms gain momentum with IMF deal
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has announced that Zimbabwe expects to secure a Staff Level Agreement (SLA) with the International Monetary Fun...Published: 28 May 2025 at 10:38hrs | 99 | by Staff reporter
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 | 146 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 426 | by Jacob Kudzayi Mutisi
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1228 | 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 | 118 | by Staff reporter
Zimbabwe Generals are all style and no substance!
As I sit in my library in a far away foreign country, I see clearly what my brothers on the ground in Zimbabwe fail to see.An Ashanti idiom that says chickens are too close to the ground to se...Published: 11 May 2025 at 16:41hrs | 1672 | by Kenneth Mufuka
2,000 Bulawayo youths to undergo Chitepo School of Ideology training
At least 2,000 youths from Bulawayo are set to undergo training at the Herbert Chitepo School of Ideology, a government-affiliated institution aimed at instilling national consciousness, patriotism, a...Published: 08 May 2025 at 10:59hrs | 195 | 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 | 248 | by Sytaff reporter
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 86 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 31 | 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
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 | 69 | by Staff reporter
IMF, World Bank urged to back Zimbabwe economic recovery efforts
Former Mozambican President Dr Joaquim Chissano and African Development Bank (AfDB) President Dr Akinwumi Adesina have called on the International Monetary Fund (IMF) and the World Bank to support Zim...Published: 23 Apr 2025 at 08:29hrs | 137 | by Staff reporter
High Court strikes procurement law challenge off the roll
A legal challenge mounted by Harare lawyer Mr Naison Machingauta against a controversial provision in Zimbabwe's public procurement law has been struck off the High Court roll, with the court citing c...Published: 23 Apr 2025 at 08:26hrs | 95 | 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 | 11667 | by Staff reporter
Zimbabwe extends duty-free import window for bus operators
The Government has extended the duty-free bus import facility to April 30, 2025, in a move aimed at further revitalising Zimbabwe's public transport system and ensuring affordable, reliable services f...Published: 17 Apr 2025 at 07:31hrs | 311 | 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 | 91 | by Staff reporter
New e-passport centres set to enhance service delivery
THE Mutare e-passport enrolment centre has been completed and is poised to open to the public shortly.This development comes as the Government plans to establish two additional centres in Masv...Published: 03 Apr 2025 at 08:06hrs | 221 | by Staff reported
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 86 | by Staff reported
Zimbabwe's power supplies improve on Kariba water boost
Zimbabwe's power generation and supply have significantly improved, driven by increased water allocation from the Zambezi River Authority (ZRA) and enhanced output from the Hwange Power Station. This ...Published: 30 Mar 2025 at 15:34hrs | 854 | by Staff reporter
Zimbabwe lines up seven sponsors to clear arrears
Zimbabwe is actively negotiating with seven potential sponsors, including individual countries, multilateral financial institutions, and private financiers, to secure the necessary funding, guarantees...Published: 23 Mar 2025 at 08:13hrs | 1003 | by Staff reporter
Fidelity Gold Refinery invites bids for gold collection centre construction
Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility a...Published: 23 Mar 2025 at 08:08hrs | 223 | by Staff reporter
US$2,5 million released to accelerate Lake Gwayi-Tshangani construction
Zimbabwe's infrastructure development agenda is advancing steadily, with public-private partnerships (PPPs) playing a key role in road construction and the release of US$2.5 million to accelerate the ...Published: 19 Mar 2025 at 06:51hrs | 394 | by Staff reporter
Zimbabwe to slash taxes and fees
The Zimbabwean government has announced plans to implement significant reductions in taxes and regulatory fees over the next six months as part of efforts to enhance the ease of doing business and att...Published: 16 Mar 2025 at 09:20hrs | 368 | by Staff reporter
Steady progress in Bulawayo-Nkayi Road rehab
The rehabilitation of the Bulawayo-Nkayi Road has gained momentum, with the contractor working on a 23km stretch from Inyathi Business Centre, affirming the Second Republic's commitment to infrastruct...Published: 12 Mar 2025 at 07:41hrs | 367 | by Staff reporter
Mnangagwa expected to launch the Presidential Solarisation Programme
President Emmerson Mnangagwa is set to launch the Presidential Solar Programme, which aims to provide solar power to 200,000 households in villages across Zimbabwe's eight rural provinces. The initiat...Published: 11 Mar 2025 at 16:08hrs | 361 | by Staff reporter
Zimbabwe among Africa's fastest-growing economies in 2025
Zimbabwe is expected to be one of Africa's fastest-growing economies this year, with the African Development Bank (AfDB) forecasting a 5.3 percent growth rate.This strong projection is slightl...Published: 26 Feb 2025 at 07:42hrs | 376 | by Staff reporter
Removing Mukuru will open Pandora's box!
Whether we are in the Diaspora or in the homeland, events unfolding in Zimbabwe will affect us all. The story of Pandora comes from the Greek poem, Theogony by Hesiod circa 700 BC. Once a...Published: 23 Feb 2025 at 18:09hrs | 2774 | by Kenneth Mufuka
Zimbabwe govt moves to directly procure fuel
The Zimbabwean government intends to directly procure fuel for its own use and key economic sectors to lower costs and enhance competitiveness, Energy and Power Development Minister July Moyo has anno...Published: 22 Feb 2025 at 09:23hrs | 883 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 257 | by Staff reporter
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