Search / Revenues
If Regimond Tagwirei became President, he will not steal much!
Stealing revenues in national coffers will continue if Ambassador Christopher Mutsvangwa became president. It is not the same if Regimond Tagwirei: In Zambia looting became a thing of the past when Ha...Published: 9 hrs ago | 276 | by Nomazulu Thata
IMF sees signs of recovery in Zimbabwe
Zimbabwe is showing early signs of economic recovery and macroeconomic stabilization, buoyed by recent policy reforms and improved fiscal management, according to the International Monetary Fund (IMF)...Published: 24 Jul 2025 at 16:53hrs | 687 | by Staff reporter
Edgars Zimbabwe customers seek longer payment plans
Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...Published: 21 Jul 2025 at 12:27hrs | 275 | by Staff reporter
Zinara starts enforcing radio licence requirement
The controversial Broadcasting Services Amendment Act of 2025 has officially come into effect and is now being enforced by the Zimbabwe National Road Authority (ZINARA), sparking ...Published: 15 Jul 2025 at 21:57hrs | 548 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 445 | by Staff reporter
Police officers in uniform banned from betting shops
Police officers in uniform are strictly prohibited from entering betting shops or gambling in casinos in Zimbabwe, national police spokesperson Commissioner Paul Nyathi has ...Published: 14 Jul 2025 at 07:58hrs | 599 | by Staff reporter
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1087 | by Staff reporter
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 164 | by Staff reporter
Zimbabwean man who controlled the development of Microsoft Windows
Zimbabwean-born Paul Maritz discovered his passion for computers at a South African university and became one of Microsoft's core executives, directing much of the early development of Windows....Published: 10 Jul 2025 at 13:04hrs | 653 | by Staff reporter
Crackdown on cigarettes smuggling continues between SA and Zimbabwe
Security agencies from South Africa and Zimbabwe are intensifying their efforts to combat the smuggling of cigarettes between the two countries, a trade that is significantly undermining revenue colle...Published: 10 Jul 2025 at 09:05hrs | 159 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 311 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 120 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
Zimbabwe govt owes SeedCo US$40m
Seed Co Limited is reeling from a severe liquidity crisis after the government, its biggest shareholder, failed to pay a staggering US$40 million for seed deliveries made over the past 18 months, the ...Published: 04 Jul 2025 at 12:38hrs | 201 | 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 | 229 | 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 | 189 | 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 | 161 | 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 | 1725 | 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 | 166 | 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 | 498 | by Nomazulu Thata
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 | 217 | 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
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 | 89 | 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 | 98 | 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 | 119 | by Staff Reporter
City of Harare launches crackdown on business by-laws compliance
The City of Harare has initiated a rigorous enforcement campaign to ensure all businesses operating within the Central Business District (CBD), industrial areas, and suburbs fully comply with relevant...Published: 13 Jun 2025 at 06:29hrs | 510 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1055 | by Staff reporyter
Zimbabwe to ban export of lithium concentrates
Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...Published: 11 Jun 2025 at 08:41hrs | 227 | by Staff reporter
Tensions rise in Matebeleland North
Tensions are escalating within Matebeleland North's lucrative safari hunting sector amid allegations that the Forestry Commission has been leasing prime state-owned properties through backdoor deals f...Published: 08 Jun 2025 at 12:03hrs | 153 | 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: 30 May 2025 at 12:18hrs | 653 | 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: 30 May 2025 at 08:58hrs | 131 | by Staff reporter
Africa set to attract $100 billion in remittance inflows
The African Development Bank (AfDB) has projected that Africa will receive approximately US$100 billion in remittance inflows in 2025, as the continent positions itself to harness the full potential o...Published: 29 May 2025 at 10:20hrs | 27 | by Staff reporter
Health activists knock on parly door to address NCDs
The Zimbabwe NCD Champions Network has raised urgent concerns over the escalating burden of Non-Communicable Diseases (NCDs) and mental health conditions in the country, urging Parliament to implement...Published: 26 May 2025 at 08:02hrs | 40 | 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 | 207 | by Staff reporter
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 274 | 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
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 | 674 | by Staff reporter
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 | 266 | by Staff reporter
Victoria Falls in full glory as Zambezi water levels surge
The Zambezi River's rising water levels have dramatically amplified the splendour of Victoria Falls, creating a breathtaking natural showcase that is drawing the attention of both local and internatio...Published: 29 Apr 2025 at 19:34hrs | 1232 | by Staff reporter
Where is Nyokayemabhunu: the silence about him is Loud?
It is not only Nyokayemabhunu who has been used and quickly cast aside as a disposable. I listened carefully to Geza updating us about the demonstrations yesterday. Sadly, there was no mention of Nyok...Published: 25 Apr 2025 at 20:55hrs | 1582 | by Nomazulu Thata
Zimbabwe airports see surge in passengers
The Airports Company of Zimbabwe (ACZ) has commended the surge in air traffic witnessed at the country's airports during the ongoing Zimbabwe International Trade Fair (ZITF) 2025, describing it as a s...Published: 24 Apr 2025 at 21:15hrs | 318 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 274 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 780 | by Staff reporter
Zimbabwe's mineral revenues decline despite volume surge
Zimbabwe's mining sector delivered a mixed performance in the first quarter of 2025, with mineral export volumes registering notable growth, but overall revenues falling sharply. This is according to ...Published: 17 Apr 2025 at 07:34hrs | 179 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
Harare City Council officials continue to pocket hefty salaries
Despite mounting public criticism and repeated promises of reform, senior officials at the Harare City Council continue to earn hefty salaries, raising serious concerns about misplaced priorities and ...Published: 15 Apr 2025 at 08:36hrs | 335 | by Staff reporter
An 80-year-old Geza should have known better! Thank you, citizens, for your wisdom!
It is desperation to hope for a successful revolution championed by Geza, fronting his boss Chiwenga. The demonstrations yesterday were a complete debacle. I said this before in one of my articles abo...Published: 01 Apr 2025 at 18:37hrs | 2120 | by Nomazulu Thata
Load More Stories
