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Harare firm fined for failing to submit Income Tax and PAYE returns
A Harare-based company, Investible Investments (Private) Limited, has been fined US$300 by the Harare Magistrates Court after it was found guilty of failing to submit income tax and Pay As You Earn (P...Published: 6 hrs ago | 85 | by Staff reporter
TelOne struggles to attract investment
TelOne (Private) Limited is facing significant challenges in securing fresh capital for vital infrastructure expansion projects, as legacy debts inherited from the defunct Posts and Telecommunications...Published: 13 hrs ago | 65 | by Staff reporter
AfDB flags Zimbabwe's annual financing gap
Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...Published: 16 hrs ago | 91 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 02 Jul 2025 at 12:05hrs | 224 | by Staff reporter
No water from the tap. They're asked to pay a tax anyway
HARARE, ZIMBABWE - The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially ...Published: 02 Jul 2025 at 10:02hrs | 369 | by Linda Mujuru, GPJ Zimbabwe
TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 02 Jul 2025 at 09:37hrs | 192 | by Staff reporter
Fidelity Gold launches elite enforcement unit
Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...Published: 01 Jul 2025 at 12:23hrs | 237 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 166 | by Brighton Musonza
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 01 Jul 2025 at 08:20hrs | 129 | by Staff reporter
Failure to invest in youth sexual health could cost Zimbabwe $3.6bn
A new report by UNAIDS reveals that Zimbabwe stands to save billions of dollars by investing in sexual and reproductive health and rights (SRHR) services targeted at young people. The study, titled Th...Published: 30 Jun 2025 at 18:36hrs | 173 | by Staff reporter
Harare has over 5,000 illegal billboards
Shocking revelations emerged this week that Harare City Council officials are allegedly complicit in the illegal erection and operation of over 5,000 billboards across the capital, costing the local a...Published: 30 Jun 2025 at 18:33hrs | 175 | by Staff reporter
Zimbabweans fume over 'extortionate' car duty valuations
A promotional campaign by the Zimbabwe Revenue Authority (ZIMRA), launched on June 29, 2025, to encourage voluntary compliance among vehicle owners has ignited widespread public outrage. Instead of fo...Published: 30 Jun 2025 at 13:18hrs | 3760 | by Staff reporter
Cautious optimism over Old Gwanda Road upgrade
Ward 19 councillor for Maphisa, Nqobizitha Ngwenya of the Citizens Coalition for Change (CCC), has expressed cautious optimism following a presentation by Zwane Investments, the company contracted to ...Published: 30 Jun 2025 at 13:04hrs | 183 | by Staff reporter
ZimParks reviews elephant plan
The Zimbabwe Parks and Wildlife Management Authority (Zimparks) has commenced a comprehensive review of its Elephant Management Plan (2021–2025), prompted by growing frustration among local communit...Published: 30 Jun 2025 at 09:05hrs | 101 | by Staff reporter
ZERA defends US$191,000 IT equipment purchase
Postal, courier volumes decline 4%MidweekThe Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has released its abridged sector performance report for the first quarter o...Published: 29 Jun 2025 at 18:57hrs | 159 | 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 | 505 | by Staff reporter
Smugglers abandon vehicle, contraband in police chase
Police in Manicaland have impounded an abandoned Honda Fit packed with smuggled bales of second-hand clothes following a high-speed chase involving an anti-smuggling crack team on June 23, 2025....Published: 28 Jun 2025 at 15:07hrs | 184 | by Staff reporter
Zimbabwe suspends excise duty on raw wine imports
In a move aimed at boosting the local wine industry, the Zimbabwean government has suspended excise duty on imported raw wine for approved manufacturers. The measure, announced through Statutory Instr...Published: 28 Jun 2025 at 15:06hrs | 111 | by Staff reporter
Outdated regulations stifling development in Zimbabwe
Councils across Zimbabwe must urgently modernize and adopt private sector-friendly reforms to eliminate bottlenecks in local government systems that threaten the country's ambitious economic transform...Published: 28 Jun 2025 at 15:03hrs | 57 | by Staff reporter
Council embroiled in US$18k advance salary scandal
Chiredzi Town Council is embroiled in a financial scandal after it emerged that nearly US$18,000 in salary advances given to employees remains unaccounted for, with some beneficiaries having already l...Published: 27 Jun 2025 at 18:24hrs | 159 | by Staff reporter
Bosso acting CEO quits
Highlanders Football Club is on the verge of making a critical leadership decision that could shape its trajectory both on and off the field. The Bulawayo giants are scheduled to interview four candid...Published: 27 Jun 2025 at 09:22hrs | 167 | by Staff reporter
Police bust second-hand clothing smuggling syndicate
Police in Gweru have dismantled a suspected second-hand clothing smuggling syndicate following an early morning raid in the Daylesford suburb, which led to the arrest of two suspects and the recovery ...Published: 26 Jun 2025 at 17:21hrs | 214 | by Staff reporter
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1628 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1717 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1072 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 155 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 175 | by Staff reporter
Smugglers dump Honda Fit, contraband after cops chase
An anti-smuggling crack team operating along Zimbabwe's Manicaland border with Mozambique intercepted a suspected smuggling operation after discovering an abandoned vehicle packed with contraband seco...Published: 25 Jun 2025 at 15:53hrs | 245 | 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 | 109 | by Staff reporter
Smugglers dump vehicle, contraband after ZRP chase
MUTARE - An anti-smuggling crack team deployed in Zimbabwe's Manicaland peripheral borders intercepted and foil an attempt by unknown assailants to smuggle second-hand clothing bales from Mozambique i...Published: 25 Jun 2025 at 08:01hrs | 352 | by Gideon Madzikatidze
Parliament recommends waste water use for BCC
Bulawayo's perennial water supply challenges, which have persisted for over two decades and severely undermined residents' right to access safe water, were the focus of a recent inquiry by parliamenta...Published: 23 Jun 2025 at 11:02hrs | 177 | by Staff reporter
Manicaland mining communities demand fair benefits
Mining communities across Manicaland Province have intensified calls for local policies that prioritise their welfare and ensure they derive tangible benefits from the extraction of the region's rich ...Published: 23 Jun 2025 at 11:02hrs | 42 | by Staff reporter
The death of an African President: Advocate Edgar Lungu!
The philosophy of Ubuntu will not allow me to talk about former President Edgar Lungu using outdoor language. Africa is rid of a ruler that destroyed the image of the African continent; we are yet to ...Published: 23 Jun 2025 at 10:48hrs | 484 | by Nomazulu Thata
ZIMRA waives fines for undeclared vehicles
The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...Published: 23 Jun 2025 at 10:23hrs | 293 | by Staff reporter
Harare's disappearing hills
From a distance, the jagged ridgelines cutting across parts of Harare might appear to be natural geological remnants — monuments of the city's ancient terrain. But up close, these formations tell a ...Published: 22 Jun 2025 at 10:58hrs | 838 | by Staff reporter
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 105 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 215 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 116 | by Staff reporter
Harare hikes public toilet fees by 100%
The City of Harare is facing a mounting public outcry after it controversially doubled the fee for accessing public toilets from US$0.50 to US$1.00 (approx. R18.50), drawing sharp condemnation from re...Published: 21 Jun 2025 at 18:50hrs | 454 | by Staff reporter
Tax evasion bleeds Zimbabwe economy
Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national dev...Published: 21 Jun 2025 at 09:44hrs | 88 | by Staff reporter
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 135 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 97 | by Staff reporter
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 235 | by Staff reporter
Explosive corruption report handed to Mnangagwa
A political firestorm is erupting at Town House following the submission of a damning report to President Emmerson Mnangagwa, which exposes endemic corruption, systemic mismanagement, and the virtual ...Published: 19 Jun 2025 at 11:29hrs | 2541 | by Staff reporter
The Real Reason Small Brands Are Winning on Social Media in 2025
I work with brands for a living - large, small, and those still being managed from the back room of someone's apartment. And here's the wild part: in 2025, it's not the big players scoring the wins on...Published: 19 Jun 2025 at 10:06hrs | 149 | by Staff Reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
BCC collects US$2,000 in environment fines
The Bulawayo City Council (BCC) has collected more than US$2,600 from environmental fines while still being owed over US$3,300, according to a new report from the council's Parks Section detailing int...Published: 18 Jun 2025 at 07:33hrs | 404 | by Staff reporter
Public vs Private Funding in African Sports Sector
The growth of sports across Africa depends heavily on where the money comes from. In many countries, both governments and private companies contribute to building the sector. However, how they fund an...Published: 17 Jun 2025 at 23:28hrs | 118 | by Staff Reporter
Secondary Revenues from Sporting Events in Africa
Sporting events across Africa do more than fill stadiums. They create additional economic activity that touches tourism, retail, digital services, and hospitality. This type of income, called secondar...Published: 17 Jun 2025 at 23:22hrs | 111 | by Staff Reporter
Villagers without toilets face US$50 fine
Villagers in Makoni District who do not have toilets will soon be slapped with a US$50 fine (approximately R920) starting November 1, 2025, as the Makoni Rural District Council (RDC) moves to clamp do...Published: 17 Jun 2025 at 07:20hrs | 240 | by Staff reporter
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