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Zimbabwean startups join Visa's Fintech Accelerator
Zimbabwe's fintech ecosystem is gaining international recognition as two local startups, ChatCash and BigDot.ai, have been selected among 22 companies for Visa's Fourth Africa Fintech Accelerator. The...Published: 19 Aug 2025 at 12:06hrs | 188 | by Staff reporter
Unsafe wiring, blocked hydrants blamed for Glenview fires
A fire broke out at the Glen View 8 SMEs complex in Harare early yesterday morning, destroying several market stalls. Authorities suspect the blaze was sparked by illegal electricity connections....Published: 18 Aug 2025 at 08:36hrs | 110 | by Staff reporter
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 12 Aug 2025 at 19:33hrs | 83 | by Staff reporter
ANC partner DA calls for scrapping of Black Economic Empowerment
Briefing the media in Johannesburg on Monday, Steenhuisen stressed that the DA is not opposed to redress or transformation, but believes these laws have become counterproductive.The DA argues ...Published: 12 Aug 2025 at 12:09hrs | 267 | by Staff reporter
BCC blitz uncovers 800 illegal shops in Bulawayo CBD
A recent crackdown by the Bulawayo City Council (BCC) on lettable unit shops in the city's Central Business District (CBD) has revealed that about 800 out of more than 1 300 premises are operating wit...Published: 11 Aug 2025 at 08:40hrs | 218 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 380 | by Staff reporter
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 450 | by Engineer Jacob Kudzayi Mutisi
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 203 | by Staff reporter
Zimbabwe SMEs crushed by annual compliance fees
Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is drivi...Published: 24 Jul 2025 at 14:34hrs | 129 | by Staff reporter
ZimStat confirms dominance of Zimbabwe's huge informal sector
The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...Published: 24 Jul 2025 at 09:32hrs | 153 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 249 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 841 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1672 | 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 | 209 | by Staff reporter
Mnangagwa admits government failures
President Emmerson Mnangagwa has pledged to end the deterioration of Zimbabwe's public healthcare system, admitting his government has fallen short in delivering quality social services.Addres...Published: 04 Jul 2025 at 07:42hrs | 399 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4212 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | 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 | 1732 | by Staff reporter
Harare mayor bemoans state of council buildings
Harare Mayor Councillor Jacob Mafume has expressed deep concern over the deteriorating state of council buildings, urging acting town clerk Engineer Phakamile Mabhena Moyo to take swift action to addr...Published: 25 Jun 2025 at 17:21hrs | 249 | 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 | 208 | by Staff reporter
Bulawayo City Council launches crackdown to clean CBD
Bulawayo City Council (BCC) has embarked on a city-wide crackdown targeting illegal street vending, with intensified day and night raids now actively underway in the Central Business District (CBD). T...Published: 18 Jun 2025 at 18:09hrs | 234 | by Staff reporter
Over 200 Bulawayo SMEs count losses after industrial site inferno
More than 200 small and medium entrepreneurs are grappling with the aftermath of a devastating fire that gutted their goods and machinery at the Save The Nation Industrial Site in Bulawayo on Mo...Published: 12 Jun 2025 at 19:07hrs | 397 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 318 | by Staff reporter
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1950 | 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
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 | 1229 | by Staff reporter
Bulawayo signs landmark innovation MoU
The City of Bulawayo has made a strategic leap towards becoming the nation's innovation powerhouse by signing a Memorandum of Understanding (MoU) with the Research Council of Zimbabwe (RCZ), Zimbabwe ...Published: 12 May 2025 at 18:08hrs | 184 | by Staff reporter
Zoho Corp injects $15 million into Zimbabwe's digital future
Indian cloud software giant Zoho Corporation has announced a $15 million investment in Zimbabwe aimed at accelerating the digital transformation of small and medium enterprises (SMES) and large organi...Published: 01 May 2025 at 10:39hrs | 241 | 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 | 87 | by Staff reporter
Econet Wireless Zimbabwe dominates 65th ZITF
Econet Wireless Zimbabwe stole the show at the 65th edition of the Zimbabwe International Trade Fair (ZITF), walking away with four top awards, including the coveted Presidential Award for the Supreme...Published: 26 Apr 2025 at 09:38hrs | 256 | by Staff reporter
Chiwenga, Mohadi tour ZITF stands
Vice Presidents Constantino Chiwenga and Kembo Mohadi yesterday visited the Zimbabwe International Trade Fair (ZITF), commending both local and international exhibitors for their innovation and contri...Published: 25 Apr 2025 at 07:41hrs | 376 | by Staff reporter
Mthuli Ncube unveils industrial development facilities
Zimbabwe's Finance Minister, Mthuli Ncube, has outlined a comprehensive strategy aimed at supporting the growth of micro, small, and medium-sized enterprises (MSMEs) in the country. The initiative, wh...Published: 24 Apr 2025 at 21:17hrs | 291 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 24 Apr 2025 at 07:20hrs | 73 | by Staff reporter
SMEs drive Zimbabwe's manufacturing sector
Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...Published: 24 Apr 2025 at 07:13hrs | 28 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 Apr 2025 at 22:44hrs | 563 | by Chris Mutsvangwa
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 22 Apr 2025 at 07:37hrs | 1377 | by Staff reporter
ZITF roars to life
The Zimbabwe International Trade Fair (ZITF) 2025 has officially opened today in Bulawayo, transforming the city into a bustling hub of activity as final preparations for the prestigious event were co...Published: 21 Apr 2025 at 08:59hrs | 190 | by Staff reporter
Bulawayo gears up to host landmark 65th edition of ZITF
The City of Bulawayo is set to roll out the red carpet for the 65th edition of the Zimbabwe International Trade Fair (ZITF), which kicks off next Monday, with Minister of State for Bulawayo Provincial...Published: 16 Apr 2025 at 23:14hrs | 634 | by Staff reporter
Zimra blitz disrupts Bulawayo traders
Scores of traders operating within Bulawayo's city centre were left reeling last week after the Zimbabwe Revenue Authority (Zimra) implemented a series of business closures, as part of a wider nationa...Published: 15 Apr 2025 at 08:42hrs | 1995 | 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 | 643 | by Staff reporter
Mnangagwa opens Mbare market
President Emmerson Mnangagwa has officially launched Phase 1 of the Mbare Musika Traders Market, a state-of-the-art facility aimed at providing a modern and conducive environment for Small to Medium E...Published: 12 Apr 2025 at 12:54hrs | 152 | by Staff reporter
Mutsvangwa leads Zimbabwean entrepreneurs on weeklong China tour
The Minister of Women Affairs, Community, Small and Medium Enterprises Development, Monica Mutsvangwa, is leading a high-profile delegation of Zimbabwean small and medium enterprises (SMEs) on a weekl...Published: 02 Apr 2025 at 08:48hrs | 91 | by Staff reporter
Zim SMEs target technological transfer from India, cut import bill
The Zimbabwe Chamber of Small to Medium-sized Enterprises (SMEs) has promised to invest in technology transfer, invest in the manufacturing sector and cut spending much on imports through their sector...Published: 18 Mar 2025 at 18:17hrs | 327 | by Gideon Madzikatidze/Simbarashe Sithole
Zimbabwe to slash taxes and fees
The Zimbabwean government has announced plans to implement significant reductions in taxes and regulatory fees over the next six months as part of efforts to enhance the ease of doing business and att...Published: 16 Mar 2025 at 09:20hrs | 376 | by Staff reporter
India charms Zim SMEs, collaboration bears fruits
Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show h...Published: 13 Mar 2025 at 16:10hrs | 207 | by Gideon Madzikatidze/Simbarashe Sithole
Bulawayo hotels, lodges already fully booked ahead of ZITF 2025
The 65th edition of the Zimbabwe International Trade Fair (ZITF) is fast approaching, and major hotels and lodges in Bulawayo are already fully booked as preparations for the highly anticipated event ...Published: 09 Mar 2025 at 13:16hrs | 7155 | by Staff reporter
Nedbank reaffirms commitment to Zimbabwe as an investment destination
Nedbank Group has reiterated that Zimbabwe remains an attractive destination for foreign direct investment and pledged continued support for key sectors of the economy to drive growth.Dr. Tere...Published: 07 Mar 2025 at 06:55hrs | 110 | by Staff reporter
Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 22 Feb 2025 at 11:07hrs | 765 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
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