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Zimbabwe's forex receipts jump 23%
Zimbabwe recorded a 23,1 percent surge in foreign currency receipts during the first half of 2025 compared to the same period last year, signalling growing confidence in the country's formal channels ...Published: 15 Aug 2025 at 08:33hrs | 82 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 13 Aug 2025 at 08:49hrs | 197 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 462 | by Staff reporter
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: 05 Aug 2025 at 14:38hrs | 233 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 460 | 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 | 330 | by Staff reporter
Zimbabwe's tourism sector declined in early 2025
Zimbabwe's tourism sector has experienced a significant downturn in the first quarter of 2025, with both receipts and investment sharply declining as global travel demand weakens and domestic economic...Published: 02 Aug 2025 at 10:17hrs | 90 | by Staff reporter
Zimbabwe inflation surges to 95.8%
Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...Published: 31 Jul 2025 at 12:58hrs | 334 | by Staff reporter
AMA reveals agro-input pricing disparities
The Agricultural Marketing Authority (AMA) has disclosed significant price disparities in agricultural inputs across Zimbabwe, sparking warnings from farming unions about a potential crisis that could...Published: 31 Jul 2025 at 08:20hrs | 81 | 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 | 183 | by Staff reporter
Concern over rise in street children
A deepening social crisis is gripping the city of Bulawayo, with a disturbing surge in the number of children living and working on its streets - many of whom now hail from the city's own suburban nei...Published: 29 Jul 2025 at 16:24hrs | 164 | 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
University of Zimbabwe lecturers strike continues
It has been months since lecturers at the University of Zimbabwe, the country's oldest and most prestigious institution of higher learning, walked out of their lecture halls, citing salaries that have...Published: 21 Jul 2025 at 12:14hrs | 144 | by Staff reporter
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 733 | 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
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 | 308 | 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 | 89 | 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 | 149 | 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 | 179 | 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 | 104 | 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 | 666 | 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 | 284 | 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 | 400 | 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 | 2008 | 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 | 443 | 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 | 458 | 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 | 1229 | 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 | 305 | 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 | 175 | 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 | 176 | 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 | 2004 | 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 | 859 | 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 | 639 | 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 | 1072 | 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 | 903 | 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 | 1083 | 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 | 1065 | 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
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