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Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 15 hrs ago | 604 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 15 hrs ago | 105 | by Staff reporter
The rise of short-term loans in the UK
In recent years, financial flexibility has become increasingly important for individuals facing unexpected expenses or temporary cash flow challenges. One popular solution is to ...Published: 13 Aug 2025 at 23:12hrs | 479 | by Staff Reporter
How our love for violent entertainment is breeding a violent Zimbabwe
Entertainment may seem like harmless fun, but the evidence shows it can unravel the very fabric of a society.Three recent stories from Zimbabwe have pierced my heart this past few days-tragic ...Published: 13 Aug 2025 at 20:59hrs | 148 | by Tendai Ruben Mbofana
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 384 | by Staff reporter
Mnangagwa urges ZDF to confront emerging security threats
President Emmerson Mnangagwa has called on the Zimbabwe Defence Forces (ZDF) to broaden their operational scope beyond traditional military defence to address evolving security challenges, including c...Published: 13 Aug 2025 at 09:15hrs | 482 | by Staff reporter
Zimbabwe soldiers to get salary hike, improved welfare
President Emmerson Mnangagwa says his administration is prioritising the welfare of the Zimbabwe Defence Forces (ZDF), with measures underway to address salary structures, housing, healthcare, and tra...Published: 13 Aug 2025 at 09:14hrs | 644 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 195 | 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 | 196 | by Staff reporter
How to build a safety net fund without feeling overwhelmed
In today's unpredictable financial climate, constructing a safety net fund is crucial to maintaining peace of mind. Many people find themselves turning to options like a ...Published: 12 Aug 2025 at 20:53hrs | 211 | by Staff Reporter
Zimbabwe prioritises debt clearance
Resolving Zimbabwe's crippling debt overhang has been elevated to a top national priority, with the Government declaring that the success of the arrears clearance and debt resolution process is essent...Published: 12 Aug 2025 at 19:35hrs | 145 | by Staff reporter
Vote of no confidence moved on Bosso Chairman
Highlanders Football Club is facing internal turbulence following a formal vote of no confidence motion against executive chairman Kenneth Mhlophe.The motion, authored by club member Pilate Ma...Published: 12 Aug 2025 at 14:26hrs | 358 | by Staff reporter
Zimbabwe to unveil de-dollarization roadmap in November
Zimbabwe's central bank has announced its decision to launch a de-dollarisation roadmap in November, along with the new five-year economic blueprint.In his 2025 mid-term monetary policy statem...Published: 12 Aug 2025 at 11:01hrs | 342 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 196 | by Staff reporter
Failed state warning for South Africa
Business Leadership South Africa (BLSA) chief executive Busi Mavuso says that businesses cannot function properly in a failed state, but partnering with the government to fix its failures comes at a s...Published: 11 Aug 2025 at 10:10hrs | 678 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 315 | by Staff reporter
Zimbabwe repays US$176 million in external debt
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...Published: 10 Aug 2025 at 12:12hrs | 516 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 192 | 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 | 428 | by Staff reporter
New Zealand crushes Zimbabwe
Match summary: New Zealand 601 for 3 (Ravindra 165*, Conway 153, Nicholls 150*, Muzarabani 1-101) lead Zimbabwe 125 by 476 runsNew Zealand took a stranglehold of the second Test against Zimbab...Published: 09 Aug 2025 at 13:14hrs | 40 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 137 | by Staff reporter
MPs raise alarm over fake news threat
Members of Parliament have sounded the alarm over the growing threat of fake news, warning that the rapid spread of misinformation is undermining public policy, distorting democratic processes, and fu...Published: 09 Aug 2025 at 09:49hrs | 239 | by Staff reporter
'ZiG outperforms regional peers'
The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...Published: 08 Aug 2025 at 13:02hrs | 306 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 458 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 150 | by Staff reporter
Zinasu slams UZ over deepening academic crisis
Zimbabwe National Students Union (ZINASU), University of Zimbabwe (UZ) Chapter, has raised alarm over what it describes as a "deepening academic crisis" affecting final-year Social Work students and t...Published: 06 Aug 2025 at 21:59hrs | 122 | by Staff reporter
Families of newly declared heroes to receive flags
President Emmerson Mnangagwa will present national flags to the families of four posthumously declared National Heroes during this year's Heroes Day commemorations, set for Monday next week.Th...Published: 06 Aug 2025 at 09:18hrs | 339 | by Staff reporter
Zimbabwe govt gazettes public service amendment bill
Government has gazetted the Public Service Amendment Bill, which will compel civil servants to resign upon assuming political office, grant female employees 98 days of fully paid maternity leave witho...Published: 06 Aug 2025 at 09:09hrs | 241 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | 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
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: 05 Aug 2025 at 08:53hrs | 57 | by Staff reporter
Zanu-PF battlelines drawn over Tagwirei
Zanu-PF's simmering succession battle has erupted into open confrontation, with the party's legal affairs secretary Patrick Chinamasa clashing head-on with secretary-general Obert Mpofu and spokesman ...Published: 04 Aug 2025 at 10:00hrs | 881 | by Staff reporter
Zimbabwe's manufacturing growth target missed
The Zimbabwe National Industrial Development Policy (ZNIDP) 1, aimed at growing the manufacturing sector by at least 2% annually, has failed to meet its target due to ongoing macroeconomic instability...Published: 04 Aug 2025 at 08:53hrs | 109 | by Staff reporter
NEC reviews wages for agricultural sector workers
The National Employment Council (NEC) for Zimbabwe's agricultural industry has announced an upward revision of minimum wages and allowances for workers in the sector, effective from June 1, 2025....Published: 04 Aug 2025 at 08:46hrs | 347 | 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 | 456 | 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
Mutsvangwa's half-truths and the need for fact-checking
Mutsvangwa was in his element with half-truths and mistruths, but the tragedy of it all is that no journalist held him to account or even fact checked some of the things he said.The needy and ...Published: 03 Aug 2025 at 15:11hrs | 510 | by Nqaba Matshazi
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 | 360 | by Adapted from Rev Dr Kenneth Mtata x account
Zimbabwe Govt Pension Fund acquires Monomotapa Hotel
Zimbabwe's largest hospitality group, African Sun Limited (ASL), has agreed to sell the historic Monomotapa Crowne Plaza Hotel and its adjacent car park to the Public Service Pension Fund in a deal va...Published: 03 Aug 2025 at 12:18hrs | 466 | by Staff reporter
Whirlwind disrupts Binga housing project event
A whirlwind swept through a high-profile government event in Binga district last Thursday, causing a temporary disruption to the official commissioning of the Nsungwale Disaster Recovery Housing Proje...Published: 03 Aug 2025 at 09:53hrs | 66 | by Staff reporter
Mnangagwa returns home after the Kenya peace mission
Southern African Development Community (SADC) Chairperson, President Emmerson Mnangagwa, has returned to Zimbabwe following a high-level diplomatic engagement in Nairobi, Kenya, where he, alongside Ea...Published: 02 Aug 2025 at 10:18hrs | 232 | by Staff reporter
1 in 5 Zimbabwean infants receive exclusive breastfeeding
As the world observes World Breastfeeding Week from August 1 to 7, Nutrition Action Zimbabwe (NAZ) has raised alarm over the country's sharply declining exclusive breastfeeding rates, warning of a loo...Published: 02 Aug 2025 at 10:11hrs | 35 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | 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 | 172 | 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 | 630 | by Staff reporter
Kariba Dam rehabilitation nears completion
The Zambezi River Authority (ZRA) has successfully completed a critical "test on completion" under the ongoing Kariba Dam Rehabilitation Project (KDRP), marking a major milestone in efforts to secure ...Published: 01 Aug 2025 at 09:05hrs | 139 | 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 | 161 | 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 | 202 | by Staff reporter
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