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Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 180 | 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
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 484 | by Staff reporter
Zimbabwe's sugar giant gets rescue deal
A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...Published: 20 Jun 2025 at 06:03hrs | 171 | by Christopher Mutambirwa
Zimbabwe Mercantile Exchange reports surge in grain demand
The Zimbabwe Mercantile Exchange (ZMX) has recorded a significant surge in demand for grain commodities during the trading week of June 9 to 13, highlighting a dynamic shift in the country's agricultu...Published: 17 Jun 2025 at 07:32hrs | 69 | by Staff reporter
Sanyatwe praises Tagwirei
Zimbabwe's Minister of Sport, Recreation, Arts and Culture, Anslem Sanyatwe, has commended businessman Kudakwashe Tagwirei for his instrumental role in the implementation of the command agriculture sc...Published: 17 Jun 2025 at 07:25hrs | 468 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 186 | by Staff reporter
Tagwirei emerges as political dark horse in Zanu-PF succession storm
Business mogul Kudakwashe Tagwirei, long known for his powerful behind-the-scenes role in Zimbabwe's political economy, has stepped firmly into the national spotlight with signs increasingly pointing ...Published: 11 Jun 2025 at 11:27hrs | 1744 | by Staff reporyter
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 | 1052 | by Staff reporyter
BCC forgoes US$14million revenue
The Bulawayo City Council (BCC) has decided to maintain its 2024 commercial non-domestic property tax tariffs for the 2025 financial year, foregoing potential revenue exceeding US$14 million.T...Published: 11 Jun 2025 at 08:31hrs | 251 | by Staff reporter
Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 06 Jun 2025 at 12:03hrs | 269 | by Staff reporter
'Zanu-PF destabilising COZWA'
The leader of the Children of Zimbabwe War Veterans Association (COZWA), Munyaradzi Shoko, has accused the ruling Zanu-PF party of sponsoring a parallel organisation aimed at destabilising COZWA...Published: 06 Jun 2025 at 09:46hrs | 378 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 595 | by Staff reporter
Zimbabwe rolls out nationwide power network rehabilitation
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has launched an ambitious nationwide power network rehabilitation programme in a bid to tackle persistent electricity outages aff...Published: 04 Jun 2025 at 18:26hrs | 3539 | by Staff reporter
Court reinstates Town Council Auditor amid ongoing resistance
A Labour Court ruling last week overturned the dismissal of Manasseh Mhlolo, the internal auditor at Gokwe Town Council, who was fired eight months ago over a minor US$80 vehicle damage expense. Despi...Published: 01 Jun 2025 at 14:53hrs | 136 | by Staff reporter
Zimbabwe's electricity supply improves
Zimbabwe's electricity supply continues to show steady improvement, with national power generation reaching 1,586 megawatts (MW) on Tuesday, up from 1,417MW recorded the previous day. This marks a sig...Published: 28 May 2025 at 10:40hrs | 170 | by Staff reporter
Geza calls on Chiwenga to 'oust' Mnangagwa?
Zimbabwe's volatile political landscape was rocked on Friday when militant war veterans leader Blessed "Bombshell" Geza delivered his most explosive address to date, directly calling on Vice-President...Published: 20 May 2025 at 12:48hrs | 2865 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 134 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 72 | by Staff reporter
'Generals for sale' and the cracks in Zimbabwe's military
Blessed Geza's recent broadcast, in which he dramatically declared there are "generals for sale," may have sounded like another bitter outburst from a disillusioned war veteran. But beneath the bravad...Published: 13 May 2025 at 16:43hrs | 1493 | by Silambe Over
Dynamos Set to unveil new coach
Castle Lager Premier Soccer League minnows Dynamos are on the verge of overhauling their technical team, with seasoned gaffer Saul Chaminuka emerging as the leading contender to take over the reins fo...Published: 12 May 2025 at 18:10hrs | 514 | by Staff reporter
Minister Ndlovu calls for collaboration to achieve rapid industrialisation
The Zimbabwean government is intensifying efforts to reduce the high cost of doing business and tackle the smuggling of counterfeit products, which have been negatively impacting the country's manufac...Published: 24 Apr 2025 at 07:22hrs | 46 | by Staff reporter
Mnangagwa warns against social media abuse
President Emmerson Mnangagwa has issued a stern warning against the misuse of social media, calling on Zimbabweans to reject divisive narratives and remain steadfast in their commitment to national un...Published: 18 Apr 2025 at 19:32hrs | 1490 | by Staff reporter
Zimbabwe manufacturing sector faces challenges
Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...Published: 16 Apr 2025 at 23:23hrs | 106 | by Staff reporter
Zimbabwe's crisis will not be solved by another election
For over four decades since our hard-won independence, Zimbabwe has been trapped in cycles of political contestation, economic decline, and social fragmentation.As someone who has lived throug...Published: 13 Apr 2025 at 15:04hrs | 1306 | by Ibbo Mandaza
Chamisa in the shadows of political darkness
Justice Alfred Mavedzenge has done a very informative analysis on the behavior of Nelson Chamisa, and the radical change in his political personality since his ZINASU days of a firebrand student polit...Published: 06 Mar 2025 at 15:08hrs | 624 | by Reason Wafawarova
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter
Mnangagwa loyalists defiant on 2030
President Emmerson Mnangagwa's home province, Midlands, has defied the leader's recent declaration that he will step down in 2028, with local loyalists vowing to press ahead with their controversial p...Published: 23 Feb 2025 at 12:52hrs | 1454 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1539 | by NewsHawks
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2051 | by Staff reporter
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 144 | by Staff reporter
Chiwenga backers under siege over 2030
Rising tensions within Zimbabwe's ruling Zanu-PF party have triggered a dramatic intervention by the politburo following reports of alleged targeting, intimidation, and discrimination of members oppos...Published: 22 Dec 2024 at 11:17hrs | 1919 | by Staff reporter
GMB shops help stabilise mealie meal prices
The establishment of 50 Grain Marketing Board (GMB) shops nationwide has successfully stabilised the prices of essential commodities such as mealie meal, sugar, and cooking oil, despite Zimbabwe grapp...Published: 22 Dec 2024 at 10:34hrs | 98 | by Staff reporter
Zimbabwe's central bank claims success in stabilising rate and inflation
The Reserve Bank of Zimbabwe (RBZ) has announced significant progress in stabilising the country's exchange rate and inflation following a series of monetary policy interventions, including a cumulati...Published: 04 Dec 2024 at 14:23hrs | 298 | by Staff reporter
ZiG monthly inflation seen staying below 3%
Zimbabwe's gold-backed currency (ZiG) is expected to maintain stable inflation levels, with average month-on-month inflation forecast to remain below 3% in 2025. This projection is underpinned by stri...Published: 29 Nov 2024 at 06:53hrs | 79 | by Staff reporter
Mozambican must exercise maximum force to put an end to these disruptions
The Mozambican state leadership must exercise maximum force to put an end to these disruptions and uphold the stability of the state and SADC region. It is completely unacceptable for a politician who...Published: 07 Nov 2024 at 14:00hrs | 841 | by Dereck Goto
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1744 | by Ifeanyi Abraham
Zimbabweans slam US Embassy for downplaying impact of sanctions
Zimbabweans and international supporters have expressed outrage over the US Embassy's recent claims regarding the effects of sanctions on the country, demanding that the "illegal coercive measures" be...Published: 21 Oct 2024 at 14:16hrs | 583 | 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
Zimbabwe retailers rejects forced de-dollarisation
Zimbabwean retailers have issued a stark warning to the government regarding the potential consequences of de-dollarising the economy, cautioning that such a move could have catastrophic effects. This...Published: 02 Oct 2024 at 07:55hrs | 732 | 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
SADC Summit lets rogue members off the hook
The Southern African Development Community (SADC) is supposed to advance democracy and human rights in its 16 member states. But its annual summit, which took place in Harare on Saturday, 17 August, i...Published: 19 Aug 2024 at 07:24hrs | 1281 | by Staff reporter
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 20 | by Rutendo Bereza Matinyarare
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 7 | by @Jamwanda2 on Saturday
Zimbabwe economy stabilising after ZiG introduction
The Zimbabwean economy has shown relative stability in recent months following the Reserve Bank Governor's Monetary Policy statement on April 5, 2024, and the transition from the Zimbabwe Dollar to Zi...Published: 20 Jun 2024 at 07:14hrs | 16 | by Staff reporter
Challenging situation ahead for SA
THE latest from South Africa is that Cyril Ramaphosa has been elected president by the country's seventh Parliament.His election follows an agreement between the African National Congress (ANC...Published: 17 Jun 2024 at 09:24hrs | 2 | by Tapiwa Gomo
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
New currency without public confidence won't solve crisis
The government of Zimbabwe through the Reserve Bank of Zimbabwe (RBZ) has launched a new currency, which it calls the Zimbabwe Gold (ZiG).We have been here before and it is key to understand i...Published: 07 Apr 2024 at 10:29hrs | 6 | by Mlondolozi Ndlovu
Why Mnangagwa cut short Mangudya's Zimbabwe Reserve Bank stay
PRESIDENT Emmerson Mnangagwa was yesterday forced to retire Reserve Bank of Zimbabwe (RBZ) governor John Mangudya a month earlier to give his successor room to come up with fresh measures to stabilise...Published: 29 Mar 2024 at 04:52hrs | 19 | by Staff reporter
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