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Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 293 | by Staff reporter
Fishers want ZimParks to extend fishing depth reprieve
Kapenta fishing operators on Lake Kariba have called on the Zimbabwe Parks and Wildlife Management Authority (ZimParks) to extend the reprieve allowing them to fish at a reduced minimum depth of 17 me...Published: 02 Jul 2025 at 09:10hrs | 60 | by Staff reporter
Presidential inputs recipients ordered to deliver grain to GMB
Farmers who received free agricultural inputs under the Presidential Inputs Scheme during the 2023–2024 farming season are now required to deliver 10 kilograms of grain each to the Grain Marketing B...Published: 30 Jun 2025 at 13:09hrs | 145 | by Staff reporter
Zimbabwe maize imports to decline
Zimbabwe's maize imports are set to decline significantly this year as better rainfall has boosted crop yields across the country, easing pressure on food security.According to the latest repo...Published: 26 Jun 2025 at 09:59hrs | 274 | by Staff reporter
Even the government's own excuses prove it's to blame for drug shortages in hospitals
When incompetence runs deep, even your excuses end up exposing you. The recent state-sanctioned explanation in The Sunday Mail on why public hospitals in Zimbabwe are running out of basic...Published: 23 Jun 2025 at 11:12hrs | 153 | by Tendai Ruben Mbofana
Zimbabwe gold reserves rise to 3.4 metric tonnes
President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...Published: 19 Jun 2025 at 16:47hrs | 103 | by Staff reporter
Mnangagwa inspects Zimbabwe's gold reserves
President Emmerson Mnangagwa on Thursday morning conducted a high-profile inspection of Zimbabwe's gold reserves held in the Reserve Bank of Zimbabwe (RBZ) vaults, following his directive for the coun...Published: 19 Jun 2025 at 13:38hrs | 662 | by Staff reporter
Zimbabwe removed from global hunger hotspot list
Zimbabwe has been removed from the global list of hunger hotspots, a major development signalling early signs of recovery from the catastrophic El Nino-induced drought that gripped the region over the...Published: 19 Jun 2025 at 07:01hrs | 91 | by Staff reporter
Zimbabwe to import 1 million tonnes of maize
Zimbabwe is projected to import approximately 1 million tonnes of maize during the 2025/26 agricultural season, according to a new report by the Foreign Agricultural Service of the U.S. Department of ...Published: 18 Jun 2025 at 18:08hrs | 283 | by Staff reporter
Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe
The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...Published: 12 Jun 2025 at 18:59hrs | 398 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1992 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 193 | by Staff reporter
2024 El Niño Drought Spurs Malnutrition in Gokwe
The El Niño-induced drought that gripped Zimbabwe during the 2023/24 rainy season has taken a devastating toll on nutrition, especially among children under five and pregnant women in Gokwe, promptin...Published: 26 May 2025 at 08:28hrs | 91 | by Staff reporter
Only 10,85% of Zimbabwe's arable land under irrigation
Only 10.85% of Zimbabwe's two million hectares of irrigable land is currently under irrigation, a shortfall that continues to limit the country's food security and grain export potential, Deputy Minis...Published: 22 May 2025 at 11:29hrs | 73 | by Staff reporter
Cereal imports ban looms in Zimbabwe
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has recommended a ban on cereal imports in a move aimed at boosting the local grain market and strengthening Zimbabwe's food ...Published: 19 May 2025 at 09:18hrs | 380 | by Staff reporter
Botswana gets $304 million AfDB loan
The African Development Bank (AfDB) has approved a $304 million loan to Botswana as the country grapples with rising fiscal pressures and seeks to implement crucial governance and economic reforms. Th...Published: 16 May 2025 at 17:29hrs | 457 | by Staff reporter
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 776 | 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 | 1228 | by Staff reporter
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 304 | by Staff reporter
Zimbabwe adapts to use technology in agriculture
Zimbabwe is rapidly transforming its agricultural sector through the adoption of agritech and climate-smart solutions as it works to combat the effects of climate change, improve yields, and reclaim i...Published: 06 May 2025 at 08:40hrs | 168 | by Staff reporter
Who Owns the Future When the Youth Are Just Campaign Props?
Every election season in Zimbabwe brings with it a familiar theatre: politicians parading youth like trophies, cladding them in party regalia, praising their energy, and promising them a future that n...Published: 05 May 2025 at 23:21hrs | 175 | by Kumbirai Thierry Nhamo
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 811 | by Staff reporter
Ndebele King claimant's visit to Coltart shocks, angers Zimbabwe govt
A recent meeting between Ndebele King claimant Bulelani Khumalo, a descendant of the late King Lobengula, and Bulawayo Mayor David Coltart has sparked outrage from the Zimbabwean government. The Local...Published: 29 Apr 2025 at 07:15hrs | 1999 | by Staff reporter
Zimbabwe's maize production to fall short by 10-15%
Zimbabwe's maize production for the 2024/25 agricultural season is expected to fall short of the country's national requirements by 10% to 15% due to prolonged dry spells and erratic rainfall, accordi...Published: 24 Apr 2025 at 07:32hrs | 280 | by Staff reporter
Zimbabwe power utility warns over 'bush' electricians
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has issued a stern warning to the public about the dangers of hiring unqualified electricians to carry out electrical work, follo...Published: 21 Apr 2025 at 09:06hrs | 854 | 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
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 | 635 | by Staff reporter
Zimbabwe fast-tracking ZiG banknotes rollout
The Reserve Bank of Zimbabwe (RBZ) is accelerating efforts to deliver new Zimbabwe Gold (ZiG) banknotes, with Governor Dr John Mushayavanhu assuring the public that the rollout will happen "in the sho...Published: 06 Apr 2025 at 11:28hrs | 1071 | by Staff reporter
ZETDC introduces dodgy mandatory $25 electrical inspections fee
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has announced a mandatory US$25 fee for inspections and re-inspections of electrical installations across the country. This measu...Published: 29 Mar 2025 at 08:28hrs | 899 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 412 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1081 | by Staff reporter
CCC, Zanu-PF MPs pass Mthuli Ncube's budget
The 2025 National Budget, designed to drive economic growth, enhance social protection, and build resilience, was passed by Parliament last Thursday after intensive debate that stretched into the earl...Published: 23 Dec 2024 at 05:41hrs | 279 | by Staff reporter
Mnangagwa reaffirms commitment to National Unity on Unity Day
President Emmerson Mnangagwa has pledged to uphold strategies that strengthen national unity and social cohesion as cornerstones for Zimbabwe's economic transformation.In his Unity Day message...Published: 22 Dec 2024 at 10:36hrs | 90 | by Staff reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 1062 | by Innocent Mujeri
'Counterfeits, financial instability imperil manufacturing sector'
Zimbabwean consumers are grappling with increasing difficulties, including the proliferation of counterfeit goods and financial instability, as the country's manufacturing sector struggles to grow. Pa...Published: 13 Dec 2024 at 09:39hrs | 49 | by Staff reporter
Zanu-PF threatens regional sovereignty, says MRP
The clamour for democratic transformation across southern Africa signals the region's desire to rid itself of a "cancerous growth" undermining electoral integrity and national sovereignty, according t...Published: 04 Dec 2024 at 06:46hrs | 188 | by Staff reporter
Climate finance and mismanagement in Zimbabwe: Bridging the gap between promises and accountability
As the world grapples with the escalating climate crisis, financial commitments to support developing nations in climate change mitigation and adaptation have taken center stage in international negot...Published: 24 Nov 2024 at 17:40hrs | 253 | by Tendai Ruben Mbofana
Zimbabwe's economy to grow 6% in 2025
Zimbabwe's economy is projected to expand by six percent in 2025, bolstered by favorable rainfall conditions that are expected to boost agricultural productivity, Finance, Economic Development, and In...Published: 07 Nov 2024 at 07:00hrs | 368 | by Staff reporter
Selling fuel in Zimbabwe's local currency will stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 16:44hrs | 3254 | by Engineer Jacob Kudzayi Mutisi
Selling Fuel in Zimbabwe's Local Currency will Stabilising the ZiG
In a pivotal announcement, Zimbabwe's Finance Minister Mthuli Ncube declared that all taxes and fees should now be paid in the Zimbabwe Gold (ZiG) currency. This move is part of a broader strategy to ...Published: 17 Oct 2024 at 12:32hrs | 6195 | by Engineer Jacob Kudzayi Mutisi
US$4.4 million Ecobank heist shocks Zimbabwe
In what is believed to be the largest bank heist in Zimbabwean history, seven armed robbers made off with a staggering US$4.4 million in cash from Ecobank's Bulawayo branch at the Parkade Centre on Th...Published: 05 Oct 2024 at 11:30hrs | 2152 | by Staff reporter
Exposing economic saboteurs threatening Zimbabwe's future
THE introduction of the Zimbabwe Gold Currency (ZiG) symbolised a shift toward economic sovereignty, self-reliance and stability. Yet, instead of celebrating this monumental effort, some individuals w...Published: 02 Oct 2024 at 07:49hrs | 252 | by Innocent Mujeri
Mnangagwa takes SADC's begging bowl to UN General Assembly
President Emmerson Mnangagwa has taken the urgent plea for assistance from the Southern African Development Community (SADC) to the United Nations General Assembly (UNGA), seeking support to combat th...Published: 27 Sep 2024 at 08:30hrs | 304 | by Staff reporter
Mwonzora slams Zanu-PF's obsession with ED2030
Movement for Democratic Change (MDC) leader Douglas Mwonzora has criticized the ruling Zanu-PF party for prioritizing President Emmerson Mnangagwa's extended rule over addressing the severe challenges...Published: 14 Sep 2024 at 12:30hrs | 423 | by Staff reporter
Mnangagwa's US$3bn begging bowl still 'empty'
Zimbabwe faces a severe challenge in mobilizing sufficient resources to meet its $3 billion humanitarian assistance target aimed at addressing the needs of millions of food-insecure citizens. The coun...Published: 12 Sep 2024 at 10:56hrs | 3739 | by Staff reporter
Zimbabwe govt intervenes to end dual pricing
The government is closely monitoring businesses that are manipulating the exchange rate by using black market rates instead of the official ZiG currency rate. This practice undermines the ZiG, which i...Published: 05 Sep 2024 at 17:07hrs | 6042 | by Staff reporter
Revolt at MTN over CEO's 'female favourite'
An ugly battle is brewing at MTN over the direction Africa's biggest mobile network operator is taking under group CEO Ralph Mupita, with executives threatening to quit en masse over his leadership st...Published: 01 Sep 2024 at 11:58hrs | 4670 | by Staff reporter
Zimbabwe to build two new generators at Hwange
The Zimbabwean Government has commenced preparatory work on developing two new units at Hwange Power Station to enhance the nation's base load capacity. This follows the commissioning of Hwange Units ...Published: 30 Jul 2024 at 07:22hrs | 496 | by Staff reporter
Zimbabwe should ditch the toxic US dollar
Zimbabwe's economy has been intertwined with the US dollar for over a decade, a relationship that began as a pragmatic response to hyperinflation and economic collapse in the late 2000s. The adoption ...Published: 12 Jul 2024 at 09:46hrs | 58 | by Staff writer
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 40 | by Staff reporter
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