Search / Profit
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 1335 | by Staff reporter
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 273 | by Staff reporter
Tobacco farming is profitable business
Despite the late rains, the flue-cured tobacco crop in Ward 3, Chiweshe, Mash. Central is thriving. Its no use 'crying' for jobs when we have the land, farming is profitable business. Go into ...Published: 14 Jan 2025 at 22:27hrs | 196 | by Thomas Tondo Murisa
Open Letter to Mr Songezo Tshabangu
Sir good morning and Compliments of the new season. We hope you had a wonderful year, 2024, and you will also have a great year ahead 2025.We hope that you have counted and identified ...Published: 14 Jan 2025 at 12:56hrs | 518 | by Cosmas Ncube
Migrants, army face-off along South Africa-Zimbabwe border
EVERYDAY, Fadzai Musindo walks across the border between Zimbabwe and South Africa - sometimes via the official border post but usually by taking the more dangerous informal route.Streams of m...Published: 13 Jan 2025 at 07:25hrs | 1302 | by Staff reporter
Zimbabwe: A Nation rich in resources, yet reliant on aid from the miners of its wealth
Zimbabwe, a nation blessed with abundant natural resources, finds itself in a peculiar paradox: hosting foreign investors to exploit its gold, diamonds, and lithium while simultaneously relying on foo...Published: 11 Jan 2025 at 09:04hrs | 541 | by Ndou Paul
Different Types of Forex Brokers
Different Types of Forex Brokers The foreign exchange market is a global, decentralized marketplace where currencies are traded. This i...Published: 09 Jan 2025 at 16:16hrs | 386 | by Staff Reporter
Zupco settles outstanding salaries
The Zimbabwe United Passengers Company (Zupco) has made significant progress in addressing its financial obligations to employees, paying three salary instalments in December 2024 as part of efforts t...Published: 05 Jan 2025 at 14:38hrs | 1846 | by Staff reporter
Illegal gambling machines mushroom in Beitbridge
Residents of Beitbridge town are calling for urgent action to tackle the rise of unlicensed gambling machines in high-density suburbs, which they say are exposing children to harmful gambling practice...Published: 25 Dec 2024 at 08:12hrs | 202 | by Staff reporter
Prominent Zanu-PF MP implicated in shady land deals
A prominent ruling Zanu-PF lawmaker, Innocent Benza, has been linked to controversial land allocations in rural Seke, with the Manyame Rural District Council (MRDC) accused of facilitating questionabl...Published: 23 Dec 2024 at 05:50hrs | 658 | by Staff reporter
Zupco to import spare parts for 100 grounded buses
Zimbabwe United Passengers Company (Zupco) CEO George Chigora has revealed plans to import spare parts for 100 grounded buses, as the public transporter seeks to revitalize its fleet and improve servi...Published: 21 Dec 2024 at 08:26hrs | 226 | by Staff reporter
Mnangagwa launches historic land title deeds programme
President Emmerson Mnangagwa yesterday handed over the first batch of title deeds under the Land Tenure Implementation Programme, marking a historic milestone in the Second Republic's efforts to solid...Published: 21 Dec 2024 at 08:12hrs | 111 | by Staff reporter
Mthuli Ncube's 2025 Budget to increase cost of doing business
Leading retailer OK Zimbabwe has expressed concern that the 2025 National Budget, as outlined by Finance Minister Prof Mthuli Ncube, will increase business costs, further exacerbating an already chall...Published: 20 Dec 2024 at 11:12hrs | 580 | by Staff reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 410 | by Agencies
ZBC urged to build national consciousness
The recapitalisation of the Zimbabwe Broadcasting Corporation (ZBC) is essential for the national broadcaster to fulfill its mandate of fostering national consciousness and promoting heritage-based br...Published: 15 Dec 2024 at 09:13hrs | 150 | by Staff reporter
Harare town clerk operating a parallel revenue collection unit
The City of Harare (CoH) Town Clerk's office is facing scrutiny following revelations that it oversees a parallel revenue collection unit responsible for funds from the municipality's special business...Published: 14 Dec 2024 at 10:44hrs | 1442 | by Staff reporter
Chiwenga urges diamond value-addition to boost Zimbabwe exports
Vice-President Constantino Chiwenga has stressed the importance of value addition in Zimbabwe's diamond industry as a means to maximise export earnings and enhance the sector's contribution to the nat...Published: 13 Dec 2024 at 09:40hrs | 119 | by Staff reporter
RBZ deputy governor says Zimbabwe banking sector is resilient, stable
Reserve Bank of Zimbabwe (RBZ) Deputy Governor, Innocent Matshe, has highlighted the continued resilience and stability of the country's banking sector, despite facing challenges such as liquidity iss...Published: 13 Dec 2024 at 09:36hrs | 85 | by Staff reporter
Water leak exacerbates Bulawayo's crisis
Bulawayo residents are enduring a challenging 170-hour water-shedding schedule as drought conditions worsened by El Niño continue to strain the city's water resources. With dam levels dwindling, resi...Published: 12 Dec 2024 at 06:49hrs | 183 | by Staff reporter
Zimbabwe wants 26% free-carry stake in new mining projects
Zimbabwe is planning to hold 26% of new mining projects on a free-carry basis, and will also negotiate with existing operators to acquire a similar stake."We need to move to a level where we r...Published: 11 Dec 2024 at 13:31hrs | 229 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 447 | by Staff reporter
Pick n Pay shuts first hyper market
Pick n Pay has quietly shut one of its Hypermarkets, the store known as Hyper Vaal. This is the first Hypermarket that has closed in the country.It is located in the Bedworth Centre, on ...Published: 11 Dec 2024 at 06:10hrs | 1554 | by Staff reporter
US, UK sanction Gold Mafia linked dealer
The United States and Britain imposed sanctions on several individuals and businesses linked to global gold smuggling and money laundering networks, with Zimbabwean businessman Kamlesh Pattni at the c...Published: 10 Dec 2024 at 07:08hrs | 962 | by Staff reporter
Obert Dube appointed Zimbabwe Director for PLO Lumumba Foundation
Celebrated poet Obert Dube has been named the Zimbabwe director for The PLO Lumumba Foundation, a prominent mentorship and nonprofit organization with a footprint across 38 African countries and 10 in...Published: 09 Dec 2024 at 11:50hrs | 1570 | by Staff reporter
New twist to expelled learners saga
Parents and guardians of children who were recently expelled from Mother Patrick Convent Primary School in Harare have taken legal action, demanding the reinstatement of their children. The Catholic-r...Published: 09 Dec 2024 at 06:56hrs | 286 | by Staff reporter
Heatwave and water crisis grip Beitbridge
The escalating effects of climate change are manifesting with greater severity, as Beitbridge District faced sweltering temperatures of up to 42°C yesterday. The extreme heatwave has intensified dema...Published: 07 Dec 2024 at 10:23hrs | 348 | by Staff reporter
Zimbabwe losing billions in inflated infrastructure project costs
Zimbabwe may be losing billions of dollars in inflated costs for its massive infrastructure projects due to the absence of advanced software for accurate project pricing, according to a local industry...Published: 06 Dec 2024 at 18:11hrs | 1164 | by Staff reporter
Zupco workers to get their dues
Zimbabwe United Passengers Company (Zupco) CEO, George Chigora, has assured both current and former workers that the company is committed to settling outstanding salary payments before the festive sea...Published: 06 Dec 2024 at 06:38hrs | 889 | by Staff reporter
Funds dwindling for HIV/AIDS fight in Zimbabwe
The U.S. has provided over $1 billion in the past 5 years to Zimbabwe's fight against HIV/AIDS, but experts say reduced funding may hamper the African country's target of ending the epidemic by 2030....Published: 05 Dec 2024 at 13:34hrs | 207 | by Staff reporter
BCC rehabilitates boreholes to ease water challenges
The Bulawayo City Council (BCC) has rehabilitated 111 boreholes since March 2024 as part of its efforts to address the city's ongoing water challenges, with support from various non-governmental organ...Published: 05 Dec 2024 at 06:55hrs | 173 | by Staff reporter
Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe
Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe...Published: 02 Dec 2024 at 18:57hrs | 1225 | by Staff reporter
Zimbabwe farmers turn to maggots to survive drought
At first, the suggestion to try farming maggots spooked Mari Choumumba and other farmers in Nyangambe, a region in southeastern Zimbabwe where drought wiped out the staple crop of corn.After m...Published: 02 Dec 2024 at 07:28hrs | 1704 | by Staff reporter
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3497 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6209 | by Staff reporter
It's time real patriotic Zimbabweans stood up against the destruction of their country
It never rains but pours for the people of Zimbabwe.This month, the Zimbabwean government failed to pay its civil servants their full salaries-a disgraceful development that underscores the de...Published: 28 Nov 2024 at 15:12hrs | 162 | by Tendai Ruben Mbofana
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 376 | by Staff reporter
Zimbabwe steps up fight against smuggled goods
The Zimbabwean Government has intensified efforts to combat the smuggling and trade of counterfeit products that threaten public health and undermine the economy, Industry and Commerce Minister Mangal...Published: 27 Nov 2024 at 06:38hrs | 85 | by Staff reporter
Kombi daily cash targets contributing to accident
The government has raised concerns over the daily cash targets imposed by commuter bus owners, attributing them to the increasing number of road accidents in Zimbabwe.Transport and Infrastruct...Published: 26 Nov 2024 at 08:04hrs | 186 | by Staff reporter
Zimbabwean accountant in R17m theft from Joburg non-profit entity
A ZIMBABWEAN accountant is in trouble for the theft of over R17 million from his former employer, Johannesburg-based non-profit company Education and Training Unit (ETU), over a period of six years....Published: 24 Nov 2024 at 16:01hrs | 2560 | by Staff reporter
Construction thrives in Zimbabwe
Zimbabwe's construction sector is on the rebound despite the effects of currency volatility and an uncertain monetary policy framework.Piniel Mkushi, chairman of Cafca - the only cable manufac...Published: 22 Nov 2024 at 17:18hrs | 3185 | by Staff reporter
The truth about symbiotic survival of Mnangagwa and Chiwenga!
Citizens, forget about these fake social media channels news, one called Chatufa voices and his admirers. We are subjected in a web of fake news and meanings that spin themselves constantly, finding i...Published: 22 Nov 2024 at 15:54hrs | 855 | by Nomazulu Thata
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 594 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 21 Nov 2024 at 06:35hrs | 1910 | by Staff reporter
US Embassy wants Zimbabweans to take part in US-funded programme
The United States (US) Embassy has invited organisations and individuals across Zimbabwe to apply for the Academy for Women Entrepreneurs (AWE) programme, designed to foster entrepreneurship skills am...Published: 21 Nov 2024 at 06:33hrs | 550 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 21 Nov 2024 at 06:21hrs | 33 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 20 Nov 2024 at 21:17hrs | 2645 | by Wilbert Mukori
Replace unsafe Honda Fits with Kombis
Stakeholders within Zimbabwe's transport sector are advocating for the government to implement a budgetary support scheme aimed at encouraging small operators to exchange their unsafe, unregistered ta...Published: 20 Nov 2024 at 06:51hrs | 369 | by Staff reporter
Goat production gains traction in drought-hit Zimbabwe
As Zimbabwe continues to battle the effects of an El Niño-induced drought, goat farming is emerging as a resilient and economically viable solution for farmers facing increasingly harsh climatic cond...Published: 19 Nov 2024 at 08:50hrs | 204 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 175 | by Staff reporter
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3618 | by Mandla Ndlovu
Load More Stories