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Mnangagwa calls for fiscal discipline among councillors
President Emmerson Mnangagwa has stressed the need for Zimbabwe's local councillors to improve their understanding of budgeting and financial planning, warning that national development efforts could ...Published: 26 Jun 2025 at 17:26hrs | 260 | by Staff reporter
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1150 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1048 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 794 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 102 | by Staff reporter
'Where are the cancer machines?' asks Khupe
Opposition Member of Parliament Thokozani Khupe has demanded a full disclosure from Finance Minister Mthuli Ncube on how proceeds from the sugar tax are being utilised in the fight against cancer, ami...Published: 26 Jun 2025 at 09:02hrs | 155 | by Staff reporter
Khupe demands Ministerial statement on use of US$38m sugar tax
Citizens Coalition for Change (CCC) legislator Dr Thokozani Khupe has called on the Ministry of Finance to urgently deliver a ministerial statement detailing how the US$38 million raised from the suga...Published: 25 Jun 2025 at 17:17hrs | 289 | by Staff reporter
Zimra surpasses revenue target by 10%
The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...Published: 25 Jun 2025 at 14:33hrs | 88 | by Staff reporter
Car thief caught using stolen vehicle as pirate taxi
A CHEEKY Mutare man who had in the morning stolen a parked car in the city was nabbed while using the vehicle as a pirate taxi later that same day.Philip Mandeya (28) of Mandeya Two Village, H...Published: 25 Jun 2025 at 14:29hrs | 227 | by Staff reporter
Pressure to investigate Chivayo mounts
Prominent Kwekwe-based human rights activist, writer, and artist Nkosilathi Emmanuel Moyo has threatened to take legal action against Speaker of Parliament Jacob Mudenda for allegedly failing to act o...Published: 25 Jun 2025 at 11:49hrs | 1742 | by Staff reporter
Zimbabwe govt deploys ambulances at tollgates
The government has announced plans to station ambulances at tollgates and along major highways across Zimbabwe, aiming to improve emergency medical response and curb road accident fatalities.T...Published: 24 Jun 2025 at 09:28hrs | 336 | by Staff reporter
Limpopo police nab three illegal Zimbabwean miners
The fight against illegal mining is intensifying as the Sekhukhune District Vala Umgodi Task Team successfully arrested three Zimbabwean nationals during a targeted raid at the Spietskop Mine, portion...Published: 23 Jun 2025 at 11:07hrs | 124 | by Staff reporter
Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 241 | by Staff reporter
ZIMRA waives fines for undeclared vehicles
The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...Published: 23 Jun 2025 at 10:23hrs | 287 | by Staff reporter
Chamisa declares full-time political comeback
Former opposition leader Nelson Chamisa has announced his return to full-time politics, vowing never to abandon Zimbabweans who believe in him as a challenger to Zanu-PF's prolonged grip on power. Spe...Published: 22 Jun 2025 at 09:15hrs | 2641 | by Staff reporter
Zimbabwe's Health Ministry details use of sugar tax revenue
The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated toward...Published: 22 Jun 2025 at 09:12hrs | 104 | by Staff reporter
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 213 | by Staff reporter
Spike in armed robberies hits Bulawayo transport operators
A worrying surge in armed robberies targeting transport operators, including pirate taxis, has gripped Bulawayo, with police issuing a stern warning to drivers to exercise caution - especially when pi...Published: 22 Jun 2025 at 09:08hrs | 275 | 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 | 115 | by Staff reporter
Tax evasion bleeds Zimbabwe economy
Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national dev...Published: 21 Jun 2025 at 09:44hrs | 88 | by Staff reporter
Edgars turns to mass market and local supply
Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...Published: 20 Jun 2025 at 17:38hrs | 135 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 96 | by Staff reporter
Zimbabwe ministers, top officials loot broke parastatals
Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...Published: 20 Jun 2025 at 17:28hrs | 149 | by Staff reporter
RioZim in eye of financial misconduct, fraud storm
Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...Published: 19 Jun 2025 at 16:45hrs | 228 | by Staff reporter
Chivayo dismisses cancer equipment contract claims as fake
Businessman Wicknell Chivayo has denied involvement in a reported US$400 million cancer treatment equipment supply deal with the government, dismissing recently leaked documents as "fake" and politica...Published: 19 Jun 2025 at 13:27hrs | 472 | by Staff reporter
Mthuli Ncube under pressure to ease tax burden
Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...Published: 19 Jun 2025 at 11:24hrs | 1276 | by Staff reporter
Private sector, experts hail Zimra's TaRMS tax regime
Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...Published: 19 Jun 2025 at 07:16hrs | 207 | by Staff reporter
Doctors urge Mnangagwa to launch Commission of Inquiry into health sector
The Zimbabwe Association of Doctors for Human Rights (ZADHR) has called on President Emmerson Mnangagwa to establish a Commission of Inquiry into the state of the country's public health sector follow...Published: 19 Jun 2025 at 07:14hrs | 255 | by Staff reporter
Mawarire accuses Mnangagwa of 'monetising problems'
President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former Nation...Published: 18 Jun 2025 at 19:30hrs | 1130 | by Staff reporter
Secondary Revenues from Sporting Events in Africa
Sporting events across Africa do more than fill stadiums. They create additional economic activity that touches tourism, retail, digital services, and hospitality. This type of income, called secondar...Published: 17 Jun 2025 at 23:22hrs | 96 | by Staff Reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 181 | by Staff reporter
Zimbabwe returns 418 hectares to PPC after 12-year wait
The Zimbabwean government has returned 418 hectares of land to cement manufacturer PPC Zimbabwe Limited, more than a decade after seizing the property, in a move valued at a nominal R37 million (US$2,...Published: 16 Jun 2025 at 14:24hrs | 198 | by Staff reporter
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 323 | by Staff reporter
Zimbabwe's rogue cops hijack cars in broad daylight
"Stop, open the door, and drive to the station!"These chilling words have become a familiar horror for Zimbabwean motorists, often delivered with alarming ease by uniformed traffic police offi...Published: 11 Jun 2025 at 13:23hrs | 1607 | by Staff reporter
Mandatory radio licence risks fuelling Zimbabwe corruption
The recently enacted Broadcasting Services Amendment Act No. 2 of 2025, which makes it mandatory for all motorists to pay for a Zimbabwe Broadcasting Corporation (ZBC) radio licence before renewing ve...Published: 11 Jun 2025 at 09:11hrs | 951 | by Staff reporter
Zimbabwe, Zambia seal deal on new refined petroleum pipeline
The Government of Zimbabwe has approved a landmark Memorandum of Understanding (MoU) with Zambia to pave the way for the development of a new pipeline aimed at transporting refined petroleum between t...Published: 11 Jun 2025 at 09:06hrs | 468 | by Staff reporter
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
Time Bank proposes US$38bn debt bailout to Zimbabwe govt
Time Bank Holding Company has unveiled a bold proposal to lend the Zimbabwean government US$38 billion to clear national debt and compensate multiple groups owed by the State, with the loan secured th...Published: 10 Jun 2025 at 08:40hrs | 443 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 238 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 129 | by Staff reporter
Victoria Falls: A world wonder at risk as Bulawayo-Victoria Falls road crumbles
A weekend trip to Victoria Falls offers breathtaking experiences - from a serene breakfast at Makuwa Kuwa Restaurant, perched on the cliffs of Victoria Falls Safari Lodge, to mesmerizing views stretch...Published: 07 Jun 2025 at 10:45hrs | 3011 | by Staff reporter
Has democracy failed in Zimbabwe?
This is the million-dollar question we all need to ask ourselves.Democracy, by its very nature, is a noble and necessary concept. It is anchored on the principle that every human ...Published: 05 Jun 2025 at 22:28hrs | 259 | by Tendai Ruben Mbofana
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2962 | by Staff reporter
OK Zimbabwe shuts down Food Lover's Market outlets
Retail giant OK Zimbabwe has announced the closure of its premium Food Lover's Market outlets in Borrowdale and Avondale, a move that underscores the mounting pressure on Zimbabwe's formal retail sect...Published: 04 Jun 2025 at 09:46hrs | 3989 | by Staff reporter
Trabablas Interchange eases congestion
The newly completed Trabablas Traffic Interchange has breathed new life into one of Harare's busiest road junctions, drastically improving traffic flow and turning a former congestion hotspot into a s...Published: 04 Jun 2025 at 09:39hrs | 2665 | by Staff reporter
Zimbabwe moves to revive pharmaceutical sector
The Government of Zimbabwe has announced a comprehensive set of interventions aimed at revitalising the country's pharmaceutical industry, with a focus on increasing local drug production, reducing im...Published: 04 Jun 2025 at 09:33hrs | 184 | by Staff reporter
Scott Sakupwanya's company controversially paid US$4.2m for fuel
Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott Sa...Published: 03 Jun 2025 at 12:00hrs | 846 | by Staff reporter
Taxi driver steals US$680 hidden in female passenger's underwear
A taxi driver in Kwekwe has been sentenced to three years in prison after he allegedly robbed a female passenger of US$680 that she had hidden in her underwear, following a dramatic diversion and conf...Published: 03 Jun 2025 at 11:56hrs | 1440 | by Staff reporter
New high-quality ZiG banknotes on the way
The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...Published: 03 Jun 2025 at 11:53hrs | 854 | by Staff reporter
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