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Econet completes network upgrade
Econet Wireless Zimbabwe has successfully completed its comprehensive network infrastructure modernisation programme, positioning the telecoms giant for a new era of digital innovation and growth. The...Published: 23 hrs ago | 377 | by Staff reporter
'Tsholotsho Gold Project has 1 million gold ounces potential'
United Kingdom-based mining company Ariana Resources Plc has announced that its flagship Dokwe Gold Project in Zimbabwe has the potential to yield more than one million ounces of gold, reinforcing inv...Published: 02 Jun 2025 at 18:40hrs | 626 | by Staff reporter
Women vendors robbed, raped by conman peddling fake deals
Two women vendors from Mvuma fell victim to a brutal robbery and rape at the hands of a conman in Masvingo City on Africa Day evening, after being lured by promises of discounted goods from South Afri...Published: 01 Jun 2025 at 14:47hrs | 440 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1411 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 161 | by Staff reporter
Zida courts investors for US$150m Victoria Falls project
The Zimbabwe Investment and Development Agency (ZIDA) is actively seeking both local and international investors to participate in the development of Lot 1 of Jafuta Estate, a flagship project within ...Published: 01 Jun 2025 at 14:26hrs | 95 | by Staff reporter
Zimbabwe's platinum output to fall 4% in 2025
Zimbabwe's platinum production is projected to decline by 4% to 491,000 ounces in 2025, falling short of last year's record output, according to a new report from the World Platinum Investment Council...Published: 30 May 2025 at 13:31hrs | 431 | by Staff reporter
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: 30 May 2025 at 12:13hrs | 70138 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 80 | by Staff reporter
African Sun asset stripping continues
Hospitality giant African Sun Limited (ASL) has announced plans to sell its iconic Caribbea Bay Resort in Kariba, marking the latest move in the company's continued disposal of non-core assets....Published: 29 May 2025 at 13:36hrs | 668 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 518 | by Staff reporter
BCC resumes sorghum production
The Bulawayo City Council (BCC) has resumed commercial sorghum farming at Aisleby Farm after a five-year hiatus, aiming to diversify income sources and reduce dependence on ratepayer funding. The init...Published: 28 May 2025 at 10:54hrs | 81 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 383 | by Staff reporter
Man acquitted after axing wife on the head
A 65-year-old woman from Filabusi, Matabeleland South, has lodged a formal complaint with the Judicial Service Commission (JSC), accusing the Filabusi and Esigodini Magistrates' Courts of mishandling ...Published: 21 May 2025 at 11:13hrs | 419 | by Staff reporter
Zimbabwe turns to cotton GMOs to reboot sector
Zimbabwe has embarked on a strategic initiative to assess the performance of genetically modified (GM) cotton varieties as part of efforts to revitalise its vital cotton industry - a corne...Published: 20 May 2025 at 09:56hrs | 59 | by Staff reporter
NMBZ finalises US$70m external credit lines
Zimbabwe Stock Exchange-listed financial services group NMBZ Holdings is on the verge of securing external lines of credit worth over US$70 million, as part of its broader strategy to unlock US$100 mi...Published: 19 May 2025 at 09:19hrs | 84 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 145 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 664 | by Staff reporter
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 429 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 72 | by Staff reporter
Is the Trabablas Interchange a monument to Zimbabwe's misplaced priorities and corruption?
Is Zimbabwe's so-called ‘spaghetti road' just another highway to corruption?The recent announcement by Zimbabwe's Ministry of Transport that the long-awaited Mbudzi Interchange - now curious...Published: 15 May 2025 at 08:08hrs | 381 | by Tendai Ruben Mbofana
The Uphill Battle for Economic Freedom: The Story of Qoki Women of Zimbabwe
The challenges of trying to gain economic freedom as women in Africa are not limited to having to fight against some men who are bent on denying you that freedom to keep you dependent and subservient....Published: 14 May 2025 at 21:30hrs | 784 | by Solabanye Nqabeni
Why Zimbabweans should worry about our relationship with Belarus
How is it that Zimbabwe consistently chooses to engage with questionable figures?President Emmerson Mnangagwa is in Minsk for a working visit, marking his third trip to Belarus since assuming ...Published: 12 May 2025 at 19:32hrs | 706 | by Tendai Ruben Mbofana
Zimbabwean arrested in U.S. for defrauding USAid project
A Zimbabwean national, Ruth Chisina Mufute, has been arrested by special agents from the U.S. Agency for International Development Office of Inspector General (USAID OIG) on charges of wire fraud and ...Published: 09 May 2025 at 16:40hrs | 2085 | by Staff reporter
Too old to die? 122-year-old Sekuru Banda denied funeral cover due to age
He has lived through the colonial era, both World Wars, and multiple global pandemics - yet for 122-year-old Sekuru Anuloisa Banda, a peaceful farewell remains an uncertain privilege.Yes, you ...Published: 09 May 2025 at 10:56hrs | 1085 | by Staff reporter
Hard work pays - farming is good business
The 1924/25 tobacco farming season was a resounding success for both the farmers and country. Growing tobacco is labour intensive but the rewards and profits far outweigh the moments when shoulders ar...Published: 07 May 2025 at 19:42hrs | 702 | by Tondo Murisa
Zimbabwe sets up carbon credit market regulatory framework
Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...Published: 07 May 2025 at 09:26hrs | 263 | by Staff reporter
'Zimbabwe has huge export potential in floriculture'
Zimbabwe's national trade development and promotion agency, ZimTrade, has spotlighted floriculture as a profitable and viable agricultural venture, urging farmers to diversify into flower production t...Published: 07 May 2025 at 09:21hrs | 118 | by Staff reporter
Boreholes are not the solution to Zimbabwe's water crisis - they may worsen it
There has been a growing disturbing trend.The Zimbabwean government has, in recent years, taken to vigorously drilling boreholes across the country as its signature approach to solving the cou...Published: 05 May 2025 at 23:30hrs | 947 | by Tendai Ruben Mbofana
Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 05 May 2025 at 15:48hrs | 333 | by Staff reporter
It's high time foreign governments took the lead in investigating Zimbabwe's corrupt elite
The Zimbabwe ruling elite clearly won't act against high-level corruption.There is something profoundly disturbing about the silence of Zimbabwean authorities in the wake of the damning exposÃ...Published: 03 May 2025 at 11:48hrs | 630 | by Tendai Ruben Mbofana
Zimbabwe's rot of corruption began at the top - that's where it must end
No one can deny that Zimbabwe has become synonymous with corruption.This morning, I woke up to deeply disturbing news reports that shook me to the core - not because they were shoc...Published: 01 May 2025 at 19:53hrs | 980 | by Tendai Ruben Mbofana
Chamisa slams Mnangagwa's borehole projects
Former Citizens Coalition for Change (CCC) leader Nelson Chamisa has launched a blistering critique of President Emmerson Mnangagwa's Presidential Borehole Scheme, accusing the government of failing t...Published: 01 May 2025 at 12:18hrs | 1003 | by Staff reporter
Zimbabwe govt unveils agribusiness grants
The Zimbabwean government has launched a new initiative offering grants aimed at supporting the growth of the agribusiness sector, the Ministry of Lands, Agriculture, Fisheries, Water, and Rural Devel...Published: 01 May 2025 at 08:50hrs | 179 | by Staff reporter
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 164 | by Staff reporter
South Africa risks another 2021-style uprising
Former South African State Security Agency (SSA) director-general Thulani Dlomo has sounded the alarm over the country's deepening socio-economic crisis, warning that the mix of soaring unemployment, ...Published: 29 Apr 2025 at 18:10hrs | 805 | by Staff reporter
Trade Fair brings brisk business for vendors, kombis
For small entrepreneurs like Mr Felix Ndlovu and Mr Lovemore Mutatu, the Zimbabwe International Trade Fair (ZITF) is not just an annual event, but a golden opportunity that redefines their year's earn...Published: 28 Apr 2025 at 12:29hrs | 85 | by Staff reporter
Bulawayo woman thrives with hydroponic farm
A young female entrepreneur in Bulawayo is turning heads with her innovative approach to farming, using hydroponic technology to grow lettuce and strawberries at her family home in Waterford suburb. H...Published: 28 Apr 2025 at 12:26hrs | 7179 | 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 | 30 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 123 | by Staff Reporter
Bulawayo doctor acquitted in US$38,500 maintenance case
A prominent Bulawayo medical practitioner, Dr Nkonzo Ndebele, has been acquitted of charges related to the non-payment of US$38,500 in child maintenance. The 59-year-old doctor, from Bellevue suburb, ...Published: 23 Apr 2025 at 08:32hrs | 359 | by Staff reporter
Mnangagwa fast-tracks title deeds issuance to empower homeowners
The Government has intensified efforts to issue title deeds in residential areas across Zimbabwe, a move President Mnangagwa says will guarantee security of tenure and legal property ownership for tho...Published: 23 Apr 2025 at 08:28hrs | 160 | by Staff reporter
Fresh US$100m gold scandal rocks treasury as top Zanu-PF ally implicated
A major financial scandal has erupted at Zimbabwe's Finance Ministry, exposing what appears to be a fraudulent US$100 million payout to a shadowy company linked to a top Zanu-PF gold dealer, Pedzisayi...Published: 22 Apr 2025 at 08:29hrs | 6504 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 139 | by Staff reporter
Zimbabwe to get share of US$300m Afreximbank dividend
The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...Published: 16 Apr 2025 at 23:22hrs | 145 | by Staff reporter
Social unrest warning in South Africa
Critical issues such as the government's overreliance on taxes and the deterioration of basic services threaten social unrest in South Africa. Renowned economist Dawie Roodt warned that the go...Published: 14 Apr 2025 at 12:33hrs | 1299 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 635 | by Staff reporter
Nust embarks on high impact projects
The National University of Science and Technology (Nust) has announced plans to launch three major high-impact projects as part of its strategy to achieve self-sustainability, fully utilize human reso...Published: 13 Apr 2025 at 09:39hrs | 141 | by Staff reporter
Chivayo 'kickbacks' probed in South Africa
Financial watchdogs in South Africa and Zimbabwe are investigating Johannesburg-based printing firm Ren-Form for possible money laundering linked to a high-profile election procurement scandal involvi...Published: 12 Apr 2025 at 09:08hrs | 373 | by Staff reporter
HAYTA offers free Independent Day fleet, cautions transporters
The Harare Youths Transporters Association (HAYTA) chairman, Mr Edmore Gwengwe has offered a sizeable fleet (buses) to ferry prospective attendees (free of charge) to and from Nembudziya, Gokwe for th...Published: 12 Apr 2025 at 09:03hrs | 44 | by Gideon Madzikatidze/Simbarashe Sithole
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