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Tagwirei breaks silence on Dema power plant tender
Zimbabwean multi-millionaire tycoon Kudakwashe Tagwirei has for the first time publicly explained how he secured the highly controversial tender to construct the ill-fated Dema Power Plant project in ...Published: 26 Jun 2025 at 09:27hrs | 1211 | 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
Parliament recommends waste water use for BCC
Bulawayo's perennial water supply challenges, which have persisted for over two decades and severely undermined residents' right to access safe water, were the focus of a recent inquiry by parliamenta...Published: 23 Jun 2025 at 11:02hrs | 171 | 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
Bulawayo dam deal will leave ratepayers drowning in bills
A $126 million plan to construct the Glass Block Dam in the Umzingwane catchment area could finally provide relief for Bulawayo's persistent water shortages. However, the project's private financing m...Published: 21 Jun 2025 at 09:49hrs | 337 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 181 | 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
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
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
Zimbabwe and Zambia Strengthen Bilateral Trade Ties Amid Shifting Global Dynamics
Mt Hampden, Zimbabwe - In a bid to fortify economic cooperation, Zimbabwe and Zambia have outlined clear strategies to enhance their bilateral trade, emphasizin...Published: 07 Jun 2025 at 19:13hrs | 295 | by Staff Reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 121 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 180 | by Staff reporter
Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 05 Jun 2025 at 14:20hrs | 830 | by Staff reporter
Zimbabwe not among 7 African countries blacklisted by Trump
U.S. President Donald Trump has imposed a sweeping travel ban on citizens from seven African countries, citing threats linked to terrorism, inadequate identity verification, and high levels of visa ov...Published: 05 Jun 2025 at 13:11hrs | 959 | by Staff reporter
Zimbabwe Chamber of Mines optimistic about 100 tonnes gold target
The Chamber of Mines Zimbabwe (CoMZ) has expressed confidence that the country can meet the Government's ambitious annual gold production target of 100 tonnes, despite the current national target stan...Published: 05 Jun 2025 at 10:03hrs | 124 | by Staff reporter
Jonathan Moyo calls for repeal of outdated car radio licence law
Former Information Minister Professor Jonathan Moyo has called on the Zimbabwean government to scrap the car radio licence law he helped introduce in 2001, describing it as outdated in the face of rap...Published: 02 Jun 2025 at 11:24hrs | 1431 | by Staff reporter
Cement importer takes Mthuli Ncube to court
Leading cement importer Augutich Investments (PVT) LTD has taken Finance Minister Mthuli Ncube to the High Court, accusing him of unlawfully imposing a 30% surtax on cement imports covered under the C...Published: 31 May 2025 at 14:01hrs | 433 | by Staff reporter
Hwange slaps snooker tables with surprise tax
In an unexpected move that has left many bar and leisure spot owners stunned, the Hwange Local Board has introduced a new annual tariff requiring snooker table owners to pay US$80.50 each year to lega...Published: 31 May 2025 at 13:49hrs | 202 | by Staff reporter
Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 30 May 2025 at 12:16hrs | 482 | by Staff reporter
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 852 | by Staff reporter
Zimbabwe's gold sector performing exceptionally well, but
Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth.This was the central...Published: 24 May 2025 at 09:00hrs | 67 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 383 | by Staff reporter
Econet to hike bundle prices on Wednesday
Leading telecommunications provider Econet Wireless Zimbabwe has announced a scheduled revision of its Voice, Data and SMS bundle prices, set to take effect on Wednesday, 21 May 2025.In a publ...Published: 20 May 2025 at 09:51hrs | 356 | by Staff reporter
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 70 | by Staff reporter
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 99 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 100 | by Staff reporter
Zimbabwe restricts steel imports
The Zimbabwean government has introduced new restrictions on the importation of specific steel products, requiring importers to obtain licences before bringing them into the country, in a move designe...Published: 02 May 2025 at 19:44hrs | 626 | by Staff reporter
Zimbabwe eyes UN Security Council seat to improve relations with the West
President Emmerson Mnangagwa has indicated that, if Zimbabwe is successful in securing a non-permanent seat on the United Nations Security Council (UNSC), he will leverage the position to improve and ...Published: 30 Apr 2025 at 07:23hrs | 234 | by Staff reporter
Zimbabwe in US$17bn power investment push
Zimbabwe has embarked on an ambitious initiative to attract global investment into its energy sector, aiming to mobilise over US$16.8 billion over the next five years to enhance electricity generation...Published: 28 Apr 2025 at 12:33hrs | 85 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
EU scraps duty on Zimbabwe exports
In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...Published: 28 Apr 2025 at 12:12hrs | 317 | by Staff reporter
China says US should revoke unilateral tariffs, denies talks
China demanded that the US revokes all unilateral tariffs and denied there were talks on reaching a trade deal, maintaining a defiant stance despite President Donald Trump's recent easing of criticism...Published: 28 Apr 2025 at 12:05hrs | 64 | by Staff reporter
Poor remuneration of academic staff at state universities a national crisis
THE poor remuneration and deplorable conditions of service for academic staff at Zimbabwe's state universities, which has led to the highly publicised indefinite strike by the teaching staff at the Un...Published: 26 Apr 2025 at 10:14hrs | 740 | by Prof Jonathan Moyo
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 141 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 766 | by Staff reporter
Mnangagwa welcomes Afrikaner business delegation in Harare, South African angry
A delegation from the Afrikaner business community received a warm welcome from Zimbabwean President Emmerson Mnangagwa last week in Harare's State House, according to a Zanu-PF official contacted by ...Published: 16 Apr 2025 at 22:48hrs | 1262 | by Staff reporter
Parliament petitioned over privatisation of Harare water
The Community Water Alliance (CWA) and the Matabeleland Institute for Human Rights (MIHR) have called on Parliament to intervene and halt the Zimbabwean government's plans to privatise water services ...Published: 14 Apr 2025 at 09:19hrs | 401 | by Staff reporter
Zimbabwe kisses Trump ass on tariffs war?
President Emmerson Mnangagwa's recent move to suspend all tariffs on United States goods in a bid to win favour with the Trump administration has been publicly ridiculed, as U.S. President Donald Trum...Published: 12 Apr 2025 at 09:16hrs | 244 | by Staff reporter
Zimra waits for Treasury guidance over US tariff removal
The Zimbabwe Revenue Authority (Zimra) is awaiting formal guidance from the Ministry of Finance, Economic Development, and Investment Promotion regarding the implementation of President Emmerson Mnang...Published: 10 Apr 2025 at 09:09hrs | 131 | by Staff reporter
China orders its banks to avoid buying dollars
The PBOC has reportedly issued informal "window guidance" to major state-owned banks this week, essentially instructing them to avoid buying dollars for their own accounts. China's Central Bank also d...Published: 09 Apr 2025 at 21:37hrs | 969 | by Staff reporter
Is Mnangagwa's tariff capitulation a dangerous gamble to appease Trump at Zimbabwe's economic expense?
Has Zimbabwe's backbone finally cracked? President Emmerson Mnangagwa's latest decision to suspend all tariffs on United States goods, announced in response to new U.S. tariffs on Zimbabwean e...Published: 06 Apr 2025 at 21:43hrs | 1071 | by Tendai Ruben Mbofana
Mnangagwa to suspend all tariffs on US goods
President Emmerson Mnangagwa has announced that the Government of Zimbabwe will suspend all tariffs on goods originating from the United States in a bid to facilitate the growth of American imports in...Published: 06 Apr 2025 at 11:37hrs | 1465 | by Staff reporter
Justice Ministry suspends Zimura's controversial US$150 cover band tariff
The Ministry of Justice, Legal and Parliamentary Affairs has suspended a controversial US$150 tariff imposed by the Zimbabwe Music Rights Association (ZIMURA) on local cover bands and artistes, citing...Published: 05 Apr 2025 at 17:18hrs | 533 | by Staff reporter
Rand crashes past R19 to the dollar under Ramaphosa's watch
The South African rand continued its steep decline on Friday, 4 May, crashing past the R19 mark against the U.S. dollar amid heightened political uncertainty and growing diplomatic tensions with the U...Published: 05 Apr 2025 at 16:40hrs | 9539 | by Staff reporter
Trump unveils new global tariffs, Zimbabwe faces 18% reciprocal tax
US President Donald Trump on Wednesday acted on his campaign promises to "build that wall" and announced a raft of tariffs targeting countries around the world, including some of America's closest tra...Published: 03 Apr 2025 at 08:00hrs | 737 | by Staff reported
Macron urges EU to ditch US arms makers
The EU must cut its reliance on US-made weapons and prioritize European alternatives, French President Emmanuel Macron has said. In an interview with French media published on Saturday, Macron argued ...Published: 17 Mar 2025 at 13:28hrs | 776 | by Staff reporter
Fuel price hike expected this month
In March 2025, Zimbabwean consumers will see a slight increase in petrol prices, with the price per litre rising to US$1.54 from US$1.53 in February. On the other hand, diesel prices have experienced ...Published: 07 Mar 2025 at 10:38hrs | 641 | by Staff reporter
Google must pay South African media R500m a year
The Competition Commission released the media and digital platforms market inquiry (MDPMI) provisional report on Monday where it called for action against search engines like Google and social media s...Published: 24 Feb 2025 at 12:07hrs | 442 | by Staff reporter
Bulawayo residents urged to reject water privatisation
The Matabeleland Institute for Human Rights (MIHR) has called on Bulawayo residents to oppose government plans to privatise water services in the city. The move has raised concerns among critics who f...Published: 14 Feb 2025 at 06:21hrs | 422 | by Staff reporter
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