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FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 16 hrs ago | 161 | by Staff reporter
Mnangagwa's office blows 81% of budget in 6 months
President Emmerson Mnangagwa's Office had already spent 81 percent of its 2025 budget by the halfway mark of the year, while the Ministry of Transport and Infrastructural Development exceeded its full...Published: 18 hrs ago | 342 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 22 hrs ago | 51 | by Staff reporter
Majome exposed by SA Public Protector?
The Office of the Public Protector South Africa (PPSA) has firmly refuted media reports suggesting it received a formal complaint from the Zimbabwe Human Rights Commission (ZHRC) concerning the allege...Published: 04 Aug 2025 at 20:32hrs | 1214 | by Staff reporter
Zimbabwe health spending among lowest in region
Zimbabwe is spending just ZiG460 (about US$17) per person on health, with total health expenditure at only 0,5% of GDP in the first half of 2025 - far below regional and international targets - the Co...Published: 04 Aug 2025 at 08:33hrs | 90 | by Staff reporter
Hwange units 7 and 8 power Zimbabwe's energy stability
Zimbabwe's energy security has received a major boost from Hwange Thermal Power Station's Units 7 and 8, which have emerged as vital contributors to the national grid, powering key economic sectors in...Published: 03 Aug 2025 at 19:16hrs | 308 | by Staff reporter
Tagwirei's co-option into Central Committee 'irreversibly settled'
Zanu-PF Secretary for Legal Affairs Patrick Chinamasa has declared the controversy surrounding the co-option of businessman Kudakwashe Tagwirei into the ruling party's Central Committee as "irreversib...Published: 03 Aug 2025 at 19:12hrs | 1668 | by Staff reporter
6 paradoxes defining Zimbabwe's current reality
Zimbabwe is a nation that is steeped in contradictions. In my time observing the political, social, and economic landscape, I've come to realize that the country is grappling with paradoxes that revea...Published: 03 Aug 2025 at 12:31hrs | 344 | by Adapted from Rev Dr Kenneth Mtata x account
AG's office pushing 14 Bills through Parliament
Attorney General Virginia Mabhiza has praised the significant strides made by her office in advancing Zimbabwe's justice sector, emphasizing a marked turnaround in the efficiency and activity of Parli...Published: 03 Aug 2025 at 12:16hrs | 117 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 207 | by Staff reporter
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 | 100 | by Staff reporter
Russia-Zimbabwe talks overshadowed by 'hitman' allegations
A high-powered delegation of 11 Russian officials arrived in Harare this week for a strategic meeting with Zimbabwe's Minister of Finance, Professor Mthuli Ncube, in a bid to deepen bilateral financia...Published: 02 Aug 2025 at 19:12hrs | 533 | by Staff reporter
Zimbabwe govt sounds alarm over skills mismatch
The Government of Zimbabwe has raised urgent concern over the growing mismatch between the skills produced by the country's education system and the rapidly evolving demands of the labour market, warn...Published: 02 Aug 2025 at 16:22hrs | 361 | by Staff reporter
Victoria Falls booms with business during COP 15
The city of Victoria Falls recorded brisk business and a surge in economic activity during the recently concluded Ramsar Convention on Wetlands (COP15), which ran from July 23 to 31 and drew more than...Published: 02 Aug 2025 at 10:14hrs | 53 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 171 | by Staff reporter
Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 123 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 261 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 628 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 160 | by Staff reporter
Zimbabwe miners weather power crisis
Zimbabwe's mining industry says it has largely been shielded from the worst of the country's electricity shortages thanks to a targeted power rationing strategy that prioritises the sector. But operat...Published: 01 Aug 2025 at 08:33hrs | 196 | by Staff reporter
Zimbabwe Prosecutor General decries widespread corruption
Prosecutor-General Loyce Matanda-Moyo has issued a scathing condemnation of rampant corruption in Zimbabwe, warning that the scourge is robbing citizens of critical services and crippling national dev...Published: 01 Aug 2025 at 08:09hrs | 107 | 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 | 377 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 245 | by Staff reporter
Company director in court for US$2,000 bribery
A Harare businessman and director of Whitecard Tobacco Company (Pvt) Ltd, Tawanda Mandudzo (51), has been arrested for attempting to bribe a senior official from the Tobacco Industry and Marketing Boa...Published: 31 Jul 2025 at 08:16hrs | 256 | by Staff reporter
Cop jailed for demanding US$15 bribe
A police officer stationed at ZRP Milton Park in Harare has been jailed for 10 months after he was convicted of criminal abuse of duty for attempting to extort just US$15 from a motorist during an ill...Published: 30 Jul 2025 at 15:09hrs | 287 | by Staff reporter
Mnangagwa orders immediate reforms to ease doing business
President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting on...Published: 30 Jul 2025 at 10:06hrs | 428 | by Staff reporter
Half of Zimbabwe's youth population is idle
Almost half of Zimbabwe's youth aged between 15 and 35 are neither in education, employment, nor training (NEET), according to alarming new data released by the Zimbabwe National Statistics Agency (Zi...Published: 30 Jul 2025 at 09:46hrs | 184 | by Staff reporter
Bulawayo to host investment conference in Harare
The Bulawayo City Council (BCC) is today hosting the Khumbule' Khaya Investment Conference in Harare as part of efforts to attract investors to Zimbabwe's second-largest city, once known as the countr...Published: 30 Jul 2025 at 09:43hrs | 87 | by Staff reporter
Tobacco, gold dominate Zimbabwe's exports
Zimbabwe's export economy remains firmly anchored in its traditional staples of tobacco and gold, while imports are still dominated by fuel, vehicles, and machinery, according to the latest Trade and ...Published: 29 Jul 2025 at 18:26hrs | 181 | by Staff reporter
Zimbabwe's GDP declines 1.73%
Zimbabwe's Gross Domestic Product (GDP) contracted by 1.73% to ZWG17.6 billion in the first quarter of 2025, down from ZWG17.9 billion recorded in the fourth quarter of 2024, the Zimbabwe National Sta...Published: 29 Jul 2025 at 09:01hrs | 211 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 416 | by Staff reporter
Mozambique tops labour migration into Zimbabwe
Mozambique has emerged as the leading source of labour migrants in Zimbabwe, according to the Zimbabwe National Statistics Agency (ZIMSTAT)'s latest second-quarter data for 2025. The findings reflect ...Published: 28 Jul 2025 at 19:00hrs | 591 | by Staff reporter
Mohadi tours Dinson steel plant
Vice President Kembo Mohadi has arrived at the Dinson Iron and Steel Company (DISCO) plant in Manhize to assess the ongoing progress in the country's flagship steel manufacturing project.The v...Published: 28 Jul 2025 at 15:04hrs | 573 | 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 | 202 | by Staff reporter
Tagwirei receives Honorary PhD amid Charamba's criticism of unmerited titles
Zimbabwean businessman and political ally of President Emmerson Mnangagwa, Kudakwashe Tagwirei, has been conferred with an Honorary Doctorate in Business and Strategic Management by Babcock University...Published: 28 Jul 2025 at 09:40hrs | 1079 | by Staff reporter
Mthuli Ncube promises major cuts within 2 weeks
Finance and Economic Development Minister Professor Mthuli Ncube has pledged sweeping policy reforms within the next two weeks aimed at boosting the viability of small-scale businesses across Zimbabwe...Published: 27 Jul 2025 at 20:59hrs | 1472 | by Staff reporter
RBZ reveals strategy towards shift to mono-currency
Zimbabwe's central bank is stepping up efforts to build up foreign currency reserves in preparation for a planned transition to a mono-currency regime by 2030, Reserve Bank of Zimbabwe (RBZ) Governor ...Published: 25 Jul 2025 at 18:01hrs | 779 | by Staff reporter
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: 25 Jul 2025 at 16:07hrs | 538 | by Nomazulu Thata
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 77 | by Staff reporter
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 | 818 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 586 | 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 | 128 | by Staff reporter
Afreximbank backs Lake Kariba floating solar project
Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...Published: 24 Jul 2025 at 09:28hrs | 242 | by Staff reporter
Medical sector warned against illegal disposal of medical waste in Bulawayo
The medical sector in Zimbabwe could soon face legal action following reports of illegal disposal of hazardous medical waste at Bulawayo City Council's Richmond landfill site.Shocking revelati...Published: 24 Jul 2025 at 09:23hrs | 89 | by Staff reporter
18 Zimbabwe prosecutors arrested for corruption charges
At least 18 public prosecutors stationed across Zimbabwe have been arrested on corruption-related charges, predominantly bribery and extortion, the country's Prosecutor-General, Justice Loice Matanda-...Published: 24 Jul 2025 at 09:22hrs | 398 | by Staff reporter
Chinese company loses labour case
Jian Shan Civil Explosives, a Chinese-owned company based in Chinhoyi, has lost a labour dispute and has been ordered by the courts to pay former employees after being found guilty of unfair dismissal...Published: 23 Jul 2025 at 09:03hrs | 300 | by Staff reporter
Funding gap leaves 1,6m at risk of humanitarian shocks
About 1.6 million people in Zimbabwe who were targeted for urgent humanitarian assistance have been left vulnerable due to significant funding gaps in critical sectors such as child protection, educat...Published: 23 Jul 2025 at 09:00hrs | 52 | by Staff reporter
Irish Minister arrives in Zimbabwe for political engagements
Irish Minister of State for International Development and Diaspora, Neale Richmond, arrived in Zimbabwe on Monday as part of his official visit aimed at strengthening diplomatic, trade, and developmen...Published: 22 Jul 2025 at 20:05hrs | 309 | by Staff reporter
ZimStat begins 18-day household listing exercise
The Zimbabwe National Statistics Agency (ZIMSTAT) on Tuesday launched an 18-day nationwide household listing exercise, marking a critical preparatory stage for the upcoming 2025 Zimbabwe Multiple Indi...Published: 22 Jul 2025 at 13:24hrs | 154 | by Staff reporter
Zimra defends aggressive tax enforcement
Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...Published: 22 Jul 2025 at 09:12hrs | 147 | by Staff reporter
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