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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: 18 hrs ago | 128 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 19 hrs ago | 417 | by Staff reporter
Victoria Falls conservationist faces $2 million lawsuit
Victoria Falls-based wildlife painter and conservationist Larry Benjamin Norton is preparing to defend himself against a US$2 million lawsuit filed by Scanner Investments, the developers of Baines Res...Published: 19 hrs ago | 466 | by Staff reporter
Zimbabwe govt suppliers plot Treasury showdown at funeral parlour
In an extraordinary show of desperation, Zimbabwean government contractors used the funeral wake of one of their own last Thursday to plot emergency engagements with Treasury officials, warning that u...Published: 19 hrs ago | 434 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 19 hrs ago | 108 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 22 hrs ago | 114 | by Staff reporter
Alarm over Zimbabwe's new media blueprint
Media advocacy groups have raised serious concerns over what they describe as the veiled criminalisation of journalism in Zimbabwe's new National Media Policy, launched by President Emmerson Mnangagwa...Published: 23 hrs ago | 113 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 663 | 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 | 458 | by Staff reporter
Speech by Mnangagwa ta the launch of the Zimbabwe Media Policy
Director of Ceremonies; Vice President, Hon. Gen. (Rtd) Dr. C. G. D. N. Chiwenga; Vice President, Hon. Col. (Rtd) K. C. D. Mohadi; National Chairman of ZANU PF and Minister of Defence, Hon. O. C. Z. M...Published: 28 May 2025 at 13:13hrs | 454 | by Emmerson Dambudzo Mnangagwa
Crypto not yet subject to exchange controls
In a landmark ruling, the Pretoria High Court has clarified that cryptocurrencies do not fall under South Africa's exchange control regulations. The judgment came in a case between Standard Bank and t...Published: 28 May 2025 at 10:40hrs | 62 | 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 | 81 | by Staff reporter
Ex-RBZ chief Gono to testify In fraud case
Former Reserve Bank of Zimbabwe Governor Gideon Gono is set to appear in court on June 13 as a key witness in a fraud case involving a Harare couple, Clark and Beverly Makoni. The couple stands ...Published: 26 May 2025 at 08:33hrs | 738 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 106 | by Staff reporter
The fight is not to ban coal, says Minister
Zimbabwe's Energy and Power Development Minister, July Moyo, has emphasized that the country's focus should not be on phasing out coal, but rather on finding smarter and cleaner ways to utilize it.&nb...Published: 26 May 2025 at 08:04hrs | 67 | 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 | 386 | by Jacob Kudzayi Mutisi
Lifeline for Harare executives over retirement age extension
The recent Government decision to extend the official retirement age from 65 to 70 years has come as a major reprieve for top executives at Harare City Council who were due to retire this year, includ...Published: 24 May 2025 at 11:04hrs | 503 | by Staff reporter
SADC to pilot regional tourism univisa in 5 member countries
Zimbabwe, South Africa, Namibia, Mozambique, and Angola have been selected to pilot the new SADC Tourism Univisa, a regional travel permit aimed at simplifying cross-border movement and promoting tour...Published: 24 May 2025 at 09:29hrs | 154 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 605 | by Staff reporter
EU urges Zimbabwe firms to come up with bankable projects
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...Published: 22 May 2025 at 09:40hrs | 88 | by Staff reporter
Zanu-PF Harare province in turmoil
ZANU PF's Harare provincial structures have descended into turmoil as factional tensions escalate, with provincial chairperson Godwills Masimirembwa reportedly at the heart of the crisis.The c...Published: 22 May 2025 at 09:34hrs | 241 | by Staff reporter
Stanbic Bank extends digital international payments offering
Harare, 21 May 2025 - Leading financial services institution, Stanbic Bank, has digitized its international payments facility for all its clients in line with its commitment to provide seamless, acces...Published: 21 May 2025 at 19:56hrs | 351 | by Agencies
Malema's EFF slams Johann Rupert's state capture project
The Economic Freedom Fighters (EFF) has come out strongly against the inclusion of billionaire businessman Johann Rupert in a South African delegation set to meet former United States President Donald...Published: 21 May 2025 at 12:37hrs | 478 | by Staff reporter
Zimbabwean thieves languish in Botswana remand prison
Two Zimbabwean men have been locked up in a Botswana prison for burglary and theft in various places in that country.Mthulisi Ncube, 25, and Beliff Tshebukani Ngwenya, 29, were reportedly hunt...Published: 21 May 2025 at 10:17hrs | 492 | by Stephen Jakes
Zimbabwe set for 300MW coal power plant boost
Zimbabwe's push to strengthen its energy infrastructure has received a significant boost, with independent power producer Huoyuntong Investments (Private) Limited applying to establish a 300-megawatt ...Published: 20 May 2025 at 09:47hrs | 286 | by Staff reporter
US$43 million Victoria Falls project takes shape
ZIMRE Holdings Limited (ZHL), through its Eagle Real Estate Investment Trust (REIT), has commenced construction of the much-anticipated US$43 million Eagle Heights Mixed-Use Development in Victoria Fa...Published: 20 May 2025 at 09:45hrs | 190 | by Staff reporter
Treasury posts ZiG3,46bn surplus in first 4 months
The Treasury has recorded a surplus of ZiG3.46 billion during the first four months of the 2025 fiscal year, driven by disciplined cost containment and punctual debt servicing.While this surpl...Published: 19 May 2025 at 09:27hrs | 205 | by Staff reporter
Woman admits forging O-Level certificate to gain nurse training spot
A 29-year-old woman from Greendale, Harare, has pleaded guilty to forging an Ordinary Level certificate in a desperate attempt to secure a place in a nursing training programme.Tendai Florence...Published: 19 May 2025 at 09:24hrs | 504 | by Staff reporter
Gweru residents petition council over debt blitz
Gweru residents have petitioned the local authority to postpone a planned revenue collection blitz - which includes water disconnections and possible property attachments - fro...Published: 19 May 2025 at 09:22hrs | 110 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Zimbabwe, IMF talks underway
Zimbabwe has entered into preliminary discussions with the International Monetary Fund (IMF) for a new Staff-Monitored Programme (SMP), marking a significant step toward restoring the country's econom...Published: 18 May 2025 at 11:51hrs | 163 | by Staff reporter
Zimbabwe mining industry to grow by 7% in 2025
Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ)....Published: 18 May 2025 at 11:48hrs | 266 | by Staff reporter
Graduate cadets vow to defend Zimbabwe's sovereignty
The Zimbabwe Military Academy (ZMA) this Friday commissioned 202 Officer Cadets who successfully completed a gruelling 22-month military training programme, pledging their commitment to safeguard the ...Published: 17 May 2025 at 14:23hrs | 254 | by Staff reporter
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | 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 | 142 | by Staff reporter
Woman returns after 5-year hiatus to seize hubby's estate
A heated estate wrangle has gripped a family in Mutasa after a woman who allegedly abandoned her ailing husband five years ago resurfaced following his death to stake a claim on his estate.Nor...Published: 17 May 2025 at 12:04hrs | 323 | by Staff reporter
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 | 394 | by `
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 | 71 | by Staff reporter
Mnangagwa offers Lukashenko minerals
President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...Published: 16 May 2025 at 09:44hrs | 118 | by Staff reporter
Illegal miners threaten Gwanda State University's land
The Portfolio Committee on Higher and Tertiary Education has expressed serious concerns over the illegal occupation of Gwanda State University's land by unauthorized miners. The committee's worries em...Published: 15 May 2025 at 09:33hrs | 497 | 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 | 372 | by Tendai Ruben Mbofana
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3818 | by Staff reporter
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 | 1207 | by Staff reporter
Edgars Zimbabwe shifts focus to low-end market
Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...Published: 13 May 2025 at 10:19hrs | 374 | by Staff reporter
Mnangagwa reverses Mashayamombe suspension
President Emmerson Mnangagwa has vowed to take disciplinary action against individuals within Zanu-PF who orchestrated a wave of what he termed "random and illegal" suspensions of party members, warni...Published: 12 May 2025 at 14:01hrs | 3335 | by Staff reporter
Elephant tramples Kariba fisherman to death
A fisherman tragically lost his life on Saturday night after being trampled by an elephant while walking between ARDA Fishing Camp and Gache-Gache Fishing Camp near Lake Kariba.The deceased, i...Published: 12 May 2025 at 13:56hrs | 470 | by Staff reporter
Gideon Gono accused of presenting hearsay in court
A Harare couple accused of defrauding former Reserve Bank of Zimbabwe (RBZ) Governor Gideon Gono of ZiG137 million has challenged the credibility of the prosecution's evidence, calling it hearsay and ...Published: 12 May 2025 at 08:45hrs | 1510 | by Staff reporter
Education Minister to personally monitor school reopening nationwide
Primary and Secondary Education Minister Torerai Moyo has announced plans to personally visit schools across the country this week to ensure a smooth start to the second term, amid common concerns aro...Published: 12 May 2025 at 08:44hrs | 828 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 814 | by Staff reporter
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