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Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 4 hrs ago | 46 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 4 hrs ago | 24 | by Staff reporter
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 4 hrs ago | 139 | by Staff reporter
Simba Bhora Chairman elected new PSL boss
Simba Bhora chairman Isiah Mupfurutsa has been elected as the new Premier Soccer League (PSL) chairman, ushering in a new era of leadership in Zimbabwe's top-flight football administration.Mup...Published: 4 hrs ago | 52 | by Staff reporter
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: 8 hrs ago | 66 | 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 | 684 | 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 | 516 | by Staff reporter
Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1609 | by Staff reporter
Zimbabwe revels in improved power supply
Zimbabweans are breathing a sigh of relief as the nation celebrates a significant improvement in electricity supply, following a surge in domestic power generation. The development marks a critical tu...Published: 24 Jul 2025 at 15:12hrs | 432 | by Staff reporter
45 vehicles to transform GMB, Arda operations
In a significant boost to Zimbabwe's agricultural sector, President Emmerson Mnangagwa has donated 30 grain carrier trucks and 15 Isuzu 4×4 single cab vehicles to the Grain Marketing Board (GMB) and ...Published: 24 Jul 2025 at 09:35hrs | 264 | by Staff reporter
Charamba attacks into Zanu-PF affiliates
Presidential spokesperson George Charamba has slammed Zanu-PF's affiliates, particularly the pro-party digital group Varakashi4ED, accusing them of fostering indiscipline, fueling factionalism, and un...Published: 23 Jul 2025 at 09:21hrs | 1074 | by Staff reporter
Tagwirei reacts to Mutsvangwa attacks
Local business mogul Kudakwashe Tagwirei has dismissed as "unfounded" and "ungrateful" recent allegations by Zanu-PF that he is trying to buy his way into the party's leadership structures through man...Published: 22 Jul 2025 at 15:29hrs | 2237 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 462 | by Staff reporter
EUZ president in soup over missing funds
The president of the Educators Union of Zimbabwe (EUZ), Tafadzwa Munodawafa, has been reported to the Zimbabwe Anti-Corruption Commission (ZACC) amid allegations of embezzlement involving missing teac...Published: 21 Jul 2025 at 12:17hrs | 97 | 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 | 130 | by Staff reporter
Exam class teachers barred from transfers
Teachers assigned to examination classes have been barred from seeking transfers as part of measures by the Ministry of Primary and Secondary Education to ensure learning continuity and safeguard pupi...Published: 20 Jul 2025 at 09:18hrs | 450 | by Staff reporter
Pushcart operators blamed for City chaos
Pushcarts, once seen as a harmless tool of livelihood for many struggling Zimbabweans, have become a growing source of frustration and danger for Harare residents. The city's central business district...Published: 20 Jul 2025 at 09:18hrs | 392 | by Staff reporter
Experts predict prospects of another good rainy season
Zimbabwe could be set for another season of above-average rainfall later this year, with weather experts forecasting a possible return of La Nina conditions. If confirmed, this would mark the second c...Published: 20 Jul 2025 at 09:17hrs | 381 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1498 | by Staff reporter
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1187 | by Staff reporter
Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 17 Jul 2025 at 20:58hrs | 622 | by Staff reporter
ZERA issued 20 electricity licences in 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has issued 20 electricity licences so far in 2024, with 17 designated for power generation projects boasting a combined installed capacity of 786.08 meg...Published: 16 Jul 2025 at 19:09hrs | 261 | by STaff reporter
Harare among Africa's least liveable cities
The annual report, compiled by the Economist Intelligence Unit (EIU), measures cities based on stability, healthcare, education, infrastructure, and environment, key indicators that affect overall qua...Published: 16 Jul 2025 at 13:14hrs | 481 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 445 | by Staff reporter
Mthwakazi doorsteps Ramaphosa over denied health services
Matabeleland-based secessionist political outfit, the Mthwakazi Republic Party (MRP), on Friday petitioned South African President Cyril Ramaphosa, calling for urgent intervention to stop the barring ...Published: 15 Jul 2025 at 08:28hrs | 984 | 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 | 726 | by Staff reporter
RBZ disburses ZiG350 million to key sectors
The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufac...Published: 14 Jul 2025 at 07:54hrs | 223 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 134 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 126 | by Staff reporter
Zimbabwe govt racks US$3m from nurses, blocks their diaspora dreams
The government is facing sharp criticism for withholding crucial verification letters from thousands of Zimbabwean nurses seeking to work abroad, despite collecting more than US$3.6 million from healt...Published: 13 Jul 2025 at 11:31hrs | 168 | by Staff reporter
Knives out in Mnangagwa succession dog fight
The race to succeed President Emmerson Mnangagwa has escalated into a fierce and increasingly public struggle among Zanu-PF's top players, marked by legal wrangling, political scheming, and efforts to...Published: 13 Jul 2025 at 11:30hrs | 505 | by Staff reporter
Delta loses US$74 million tax battle with ZIMRA
Delta Corporation has faced a major setback in its prolonged legal dispute with the Zimbabwe Revenue Authority (ZIMRA) after the Constitutional Court dismissed its appeal challenging previous rulings ...Published: 13 Jul 2025 at 11:16hrs | 101 | by Staff reporter
Zimbabwe faces fertility decline
Zimbabwe is witnessing a steady decline in fertility rates as more citizens struggle to achieve their reproductive goals, a trend that mirrors global patterns highlighted in the 2024 State of the Worl...Published: 13 Jul 2025 at 11:09hrs | 90 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 516 | by Staff reporter
Dynamos set to re-sign former stars Mukamba and Mushure
Struggling Dynamos FC is gearing up for a mid-season boost as the club moves to re-sign former key players Denver Mukamba and Ocean Mushure in a bid to revive the squad and stave off relegation fears....Published: 11 Jul 2025 at 08:51hrs | 442 | by Staff reporter
Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 85 | by Staff reporter
Bosso captain invites Chivayo to watch them
Highlanders captain Ariel Sibanda has extended a heartfelt invitation to club benefactor Wicknell Chivayo to attend one of the team's matches at Barbourfields Stadium, praising the businessman's gener...Published: 10 Jul 2025 at 20:45hrs | 503 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 179 | 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 | 248 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 128 | by Staff reporter
Zanu-PF denies rift between Mnangagwa and Chiwenga
ZANU PF has categorically dismissed rumours of a rift between President Emmerson Mnangagwa and his deputy, Vice President Dr Constantino Chiwenga, reaffirming the strong bond and unity that have defin...Published: 09 Jul 2025 at 14:58hrs | 1051 | by Staff reporter
Zimbabwe revises GDP upwards to US$44.4 billion
Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimat...Published: 09 Jul 2025 at 07:52hrs | 157 | by Staff reporter
How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 576 | by Harrison Brooks
ZNCC urges RBZ to cut policy rate to 20%
The Zimbabwe National Chamber of Commerce (ZNCC) has urged the Reserve Bank of Zimbabwe (RBZ) to lower its bank policy rate from the current 35% to 20% in an effort to ease growing credit constraints ...Published: 08 Jul 2025 at 12:12hrs | 214 | by Staff reporter
A PSL without Dembare
Bulawayo-based supporters of Dynamos Football Club have expressed deep concern over the team's poor form, fearing the Harare giants could face the unthinkable - relegation from the Premier Soccer Leag...Published: 07 Jul 2025 at 14:24hrs | 788 | by Staff reporter
Internal disputes rock Highlanders
Premiership side Highlanders Football Club continues to grapple with internal conflicts as revelations emerge about questionable financial practices within the club's executive. Reliable insiders have...Published: 05 Jul 2025 at 15:32hrs | 742 | by Staff reporter
Egodini Mall project tarnishes BCC
As delays and controversy continue to dog the long-awaited Egodini Mall and Transport Hub redevelopment project, calls for greater accountability in local governance have reached fever pitch. The stal...Published: 05 Jul 2025 at 10:22hrs | 231 | by Staff reporter
Sangoma has a message for Mnangagwa
Munetsi Masheedze, widely known as Murandawashe, has resurfaced with a familiar declaration — he says he has a message for the President of Zimbabwe, this time Emmerson Mnangagwa, claiming it is fro...Published: 05 Jul 2025 at 10:16hrs | 580 | by Staff reporter
US Congress proposes sanctions against South Africa
A controversial bill introduced in the United States Congress aims to cut off direct aid to South Africa and impose targeted sanctions on its political leaders, citing the country's legal action again...Published: 04 Jul 2025 at 19:57hrs | 2338 | by Staff reporter
Zimbabweans struggle to rebuild shattered lives abroad
For many young Zimbabweans, the idea of migrating to foreign lands has long represented hope - a chance to escape crippling unemployment and poverty in pursuit of prosperity. But for a growing number,...Published: 04 Jul 2025 at 16:13hrs | 916 | by Staff reporter
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