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Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 62 | by Staff reporter
Experts reveal real causes of retail giants woes
Industry experts have emphasized that Zimbabwe's retail giants, including OK Zimbabwe, are not struggling because of the government's ongoing anti-smuggling crackdown, but due to their over-reliance o...Published: 18 Jan 2025 at 18:33hrs | 2145 | by George Tshuma
Parents feel financial strain as back-to-school costs soar
With the new school term set to begin next Tuesday, parents and guardians are grappling with rising costs for uniforms and stationery, turning the annual back-to-school preparations into a financial c...Published: 11 Jan 2025 at 08:23hrs | 44 | by Staff reporter
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 | 388 | by Staff Reporter
If ZANU-PF regime cracked down on gold smugglers as they do small businesses, Zimbabwe would prosper
This morning, while in town, I had a fascinating encounter with a lady entrepreneur who owns a small clothing business. After recognizing me as the author of articles she regularly reads, she ...Published: 09 Jan 2025 at 08:33hrs | 468 | by Tendai Ruben Mbofana
Best time to post on Instagram for likes: Updated
Among the other factors, timing on social media is one of the most important things you shouldn't overlook. When you prepare an Instagram strategy, studying your audience and competitors comes first. ...Published: 06 Jan 2025 at 12:02hrs | 129 | by Staff Reporter
Haddon and Sly, Amaya Mall shut in latest Zimra crackdown
Scores of traders operating at Haddon and Sly Building and Amaya Mall in Bulawayo's central business district were locked out yesterday after the Zimbabwe Revenue Authority (Zimra) closed the premises...Published: 01 Jan 2025 at 10:18hrs | 12622 | by Staff reporter
Buses hike fares
Zimbabweans gearing up for festive holiday travel were left frustrated yesterday as transport operators hiked fares by over 50%, exploiting the surge in demand. This comes against the backdrop of a st...Published: 24 Dec 2024 at 12:32hrs | 1668 | by Staff reporter
Grain supplies exceed 38.9 %
The Grain Millers Association of Zimbabwe (GMAZ) has managed to exceedingly meet demand by 38,9 percent this festive season.In a statement, GMAZ chairperson, Dr Tafadzwa Musarara said the mill...Published: 23 Dec 2024 at 11:17hrs | 757 | by Simbarashe Sithole
Mnangagwa's third term bid is worsening the suffering of Zimbabweans
President Emmerson Mnangagwa's ambition to extend his stay in power beyond the constitutional two-term limit has taken center stage in Zimbabwean politics, overshadowing the real issues plaguing the c...Published: 23 Dec 2024 at 00:59hrs | 303 | by Tendai Ruben Mbofana
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
Zimbabwe struggles to tackle smuggling as festive season approaches
The Zimbabwean government has expressed concerns over its ability to combat smuggling during the festive season due to limited resources, particularly fuel, required to support the taskforce teams. St...Published: 19 Dec 2024 at 16:48hrs | 160 | by Staff reporter
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 701 | by Staff reporter
Mthuli Ncube cracks down on smugglers
The Government of Zimbabwe has initiated a nationwide crackdown on smuggling through cross-border buses and illegal businesses trading in contraband to safeguard local industries and protect consumer ...Published: 17 Dec 2024 at 06:34hrs | 1829 | by Staff reporter
Minister Raj Modi's liquor outlet closed amid smuggling clampdown
The Zimbabwean government has shut down a liquor outlet owned by Deputy Minister of Industry and Commerce, Raj Modi, in Bulawayo as part of a nationwide operation targeting smuggled goods. The closure...Published: 16 Dec 2024 at 15:20hrs | 2128 | by Staff reporter
NetOne rewards customers with 'Trolley Dash' Holiday Campaign
In a festive move to celebrate the holiday season, OneMoney, a NetOne product, has again unveiled its yearly exciting promotion called "Trolley Dash" that aims to reward customers for their digital tr...Published: 14 Dec 2024 at 10:14hrs | 315 | by Simbarashe Sithole
Zimbabwe clamps down on smuggling, counterfeit products
Authorities in Zimbabwe are intensifying efforts to combat the smuggling of consumer goods into the country and the proliferation of counterfeit and substandard products in the market to safeguard pub...Published: 13 Dec 2024 at 09:43hrs | 264 | 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
Zimbabwe power users raise US$250 million for floating solar plant on Kariba Dam
Zimbabwe's industrial power users have secured $250 million from the African Export-Import Bank to build floating solar panels at the world's largest man-made lake.The Intensive Energy User Gr...Published: 10 Dec 2024 at 07:14hrs | 757 | by Staff reporter
Death knell for Zimbabwe's departmental shops
The demand for partitioned lettable shops in Bulawayo's Central Business District (CBD) has reached unprecedented levels, with the Bulawayo City Council receiving a flood of applications for the conve...Published: 09 Dec 2024 at 06:50hrs | 495 | by Staff reporter
BCC leases land for business to boost local economy
The City of Bulawayo has announced the opening of a new tender process inviting bids for the lease of several business premises across the city. This initiative is part of the local authority's effort...Published: 08 Dec 2024 at 09:52hrs | 110 | by Staff reporter
Travellers stranded as bus services halt in Beitbridge
Hundreds of travellers, including cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday after bus operators suspended services in response to a government-led anti-smuggling...Published: 08 Dec 2024 at 09:51hrs | 327 | by Staff reporter
Major crackdown on smuggling launched
A multi-agency operation targeting small businesses and cross-border transporters involved in smuggling and unethical practices has led to the impounding of dozens of vehicles, including buses and hau...Published: 08 Dec 2024 at 09:49hrs | 148 | 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
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1275 | by Staff reporter
BCC waives Bosso's $890 Stadium hire fee shortfall
The Bulawayo City Council (BCC) has agreed to waive a US$890.11 shortfall in stadium hire fees owed by Highlanders FC. This decision follows the club's request for leniency after an unprecedented supp...Published: 06 Dec 2024 at 06:30hrs | 111 | by Staff reporter
Zimbabwe fuel retailers urged to renew licences
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a reminder to businesses selling fuel and liquid petroleum gas to ensure their licences are renewed on time, emphasizing that those with lice...Published: 06 Dec 2024 at 06:29hrs | 209 | by Staff reporter
'John Moxon tried to sell Victoria Falls Hotel stake without board approval'
Tensions at Meikles Limited have reached a boiling point, as a group of four directors has accused the company's non-executive chairman, John Moxon, of attempting to sell the group's 50% stake in the ...Published: 04 Dec 2024 at 09:21hrs | 1740 | by Staff reporter
SA-based Diaspora Kapita to issue US$10m bond in Zimbabwe
South Africa-based investment holding firm Diaspora Kapita (DK) is set to make waves in the Zimbabwean financial landscape as it prepares to list on the Victoria Falls Stock Exchange (VFEX) and raise ...Published: 02 Dec 2024 at 07:16hrs | 193 | 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 | 3499 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 103 | by Staff reporter
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2865 | by Staff reporter
Mozambique shoe dealers flood Zimbabwe
In the bustling streets of Marondera's central business district, a 23-year-old Mozambican national, Moses Ferinando, makes his way through the crowd, an array of shoes - mostly sneakers - strapped to...Published: 30 Nov 2024 at 13:04hrs | 2732 | 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
Zimbabwe introduces taxes on pizza, burgers, fries
Finance Minister Mthuli Ncube has announced a new 0.5% tax on fast foods and a 10% withholding tax on sports betting winnings, set to take effect on January 1, 2025. The measures, unveiled during...Published: 28 Nov 2024 at 16:17hrs | 2157 | 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
John Moxon questions appointment of son as CEO
Meikles Limited's board chairperson and major shareholder, John Moxon, has accused his fellow directors of bypassing proper governance procedures in the appointment of his son, Matthew Moxon, as the c...Published: 27 Nov 2024 at 07:11hrs | 1319 | by Staff reporter
Zimbabwe police warn of syndicate circulating counterfeit US$100 notes
The Zimbabwe Republic Police (ZRP) has issued a warning to the public regarding a syndicate circulating counterfeit US dollar notes in denominations of $100. The illegal operation is reportedly active...Published: 26 Nov 2024 at 08:19hrs | 654 | by Staff reporter
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 176 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 194 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 180 | by Staff reporter
Zimbabwe achieves record wheat harvest
Zimbabwe has achieved a record-breaking wheat harvest of over 560,000 tonnes for the 2024 season, surpassing last year's production of 467,905 tonnes. This marks the second consecutive year the countr...Published: 24 Nov 2024 at 09:59hrs | 647 | by Staff reporter
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
SA-based Zim entrepreneur nominated for top award
Nyasha Chisoko, a Zimbabwean entrepreneur based in South Africa, has been nominated for Female Personality of the Year at the prestigious Zimbabwe Achievers Awards (ZAA), recognizing her success in tw...Published: 20 Nov 2024 at 07:03hrs | 239 | 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 | 3619 | by Mandla Ndlovu
Confidence in Zimbabwe gold currency hits historic low
Confidence in the Zimbabwe Gold (ZiG) currency has dropped to an all-time low, a member of the Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee has admitted.Introduced in April this ye...Published: 14 Nov 2024 at 09:52hrs | 1854 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 183 | by Staff reporter
Power Sales workers fume over salaries
Powersales, a retail clothing chain in Bulawayo, is embroiled in a dispute with its employees after management decided to offset outstanding salaries with sewing machines, leaving workers dissatisfied...Published: 10 Nov 2024 at 10:57hrs | 277 | by Staff reporter
Bank card fraud chaos in South Africa
In 2023, card-not-present (CNP) fraud accounted for over 68% of all card fraud committed in South Africa, costing citizens over R700 million.This is according to the South African Banking Risk...Published: 08 Nov 2024 at 16:31hrs | 2238 | by Staff reporter
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