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Monomotapa Hotel to be offloaded for US$15 million
African Sun Limited (ASL), Zimbabwe's leading hospitality group, has announced June 30, 2025, as the target date for concluding the sale of the iconic Monomotapa Hotel, which is estimated to be worth ...Published: 20 hrs ago | 187 | by Staff reporter
Zimbabwe introduces rebate for EV Charging systems
In a bid to accelerate the adoption of electric vehicles (EVs) and strengthen sustainable energy infrastructure, the Government of Zimbabwe has introduced a duty rebate on imported equipment used to s...Published: 04 May 2025 at 09:13hrs | 373 | by Staff reporter
Mid-Level managers are Destroying Zimbabwe's Health Sector
Zimbabwe's health sector is in critical condition, unfortunately no amount of propaganda or spin can change the facts on the ground. The problem with our health care system is not because of lack of f...Published: 03 May 2025 at 11:51hrs | 793 | by Hector Madzima
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 161 | by Staff reporter
CZI urges companies to reduce idle capacity
Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has called on Zimbabwe's manufacturing sector to reduce unutilised capacity as a key strategy to lower production...Published: 30 Apr 2025 at 07:14hrs | 282 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 630 | by Staff reporter
Foreigners tighten grip on Zimbabwe's retail sector
Foreign nationals are increasingly dominating Zimbabwe's retail sector, raising concerns over the flouting of laws that reserve the industry for indigenous Zimbabweans.Despite legal provisions...Published: 29 Apr 2025 at 08:52hrs | 1042 | by Staff reporter
Mnangagwa, Chivayo raise eyebrows again
Corruption-accused businessman Wicknell Chivayo, who has long been a subject of public scrutiny, was a conspicuous presence during President Emmerson Mnangagwa's recent visit to Bulawayo for the Zimba...Published: 28 Apr 2025 at 12:47hrs | 6937 | by Staff reporter
Beitbridge clearing agent jailed for smuggling
A Beitbridge clearing agent, Brian Zimbume, has been sentenced to 18 months in prison after being convicted of fraud and smuggling related offences. Zimbume, who was employed by Andalusia Investments ...Published: 28 Apr 2025 at 12:38hrs | 310 | by Staff reporter
Zimbabwe introduces rebate on solar equipment for EV charging stations
In a bid to accelerate the adoption of electric vehicles (EVs) and bolster the country's transition to cleaner energy, Zimbabwe has introduced a duty rebate on imported equipment for the establishment...Published: 28 Apr 2025 at 12:34hrs | 175 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 116 | by Staff reporter
Trade Fair brings brisk business for vendors, kombis
For small entrepreneurs like Mr Felix Ndlovu and Mr Lovemore Mutatu, the Zimbabwe International Trade Fair (ZITF) is not just an annual event, but a golden opportunity that redefines their year's earn...Published: 28 Apr 2025 at 12:29hrs | 80 | 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 | 182 | by Staff reporter
Pregnant Zimbabwean woman chased away from SA hospital
A heavily pregnant Zimbabwean woman was recently subjected to public humiliation and expelled from Pretoria West's Kalafong Hospital by a group of South African women, highlighting growing tensions ov...Published: 26 Apr 2025 at 09:42hrs | 1392 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 77 | by Staff Reporter
South Africa reverses VAT increase that threatened ANC-DA coalition
Enoch Godongwana's decision came after the second-biggest party, the Democratic Alliance (DA), threatened to quit the government, warning a VAT hike would hurt the poor the most.Godongwana, a ...Published: 25 Apr 2025 at 07:42hrs | 450 | by Staff reporter
As long as Mnangagwa doesn't acknowledge his own failings, Zimbabwe will not develop
Excuses, excuses, and more excuses!There is no greater hindrance to meaningful development and transformation in Zimbabwe than a leadership that refuses to take responsibility for its own shor...Published: 22 Apr 2025 at 22:18hrs | 753 | by Tendai Ruben Mbofana
What Is Independence Without Freedom? - UFP
Fellow Zimbabweans, our nation marks 45 years of independence, a moment that should be cause for pride, joy and celebration. But I come before you not by ...Published: 22 Apr 2025 at 13:49hrs | 724 | by UFP
Harare commodity broker faces theft allegations over US$35,000
A commodity broker, Petronella Nyazuwa, was arraigned before Harare Magistrate Ruth Moyo on charges of theft of trust property valued at US$35,000. The charges stem from Nyazuwa's failure to deliver g...Published: 22 Apr 2025 at 08:08hrs | 806 | by Staff reporter
Man arrested for helping migrants enter South Africa illegally for just R300
A man has been arrested at the Beitbridge border post for aiding undocumented migrants cross into South Africa for just R300.The Border Management Authority (BMA) on Monday said the man from S...Published: 22 Apr 2025 at 07:43hrs | 526 | by Staff reporter
MPs demand answers on Mnangagwa cash schemes
Lawmakers have called for a ministerial statement from Finance Minister Mthuli Ncube regarding the funding sources and the criteria used for selecting beneficiaries of various presidential support sch...Published: 21 Apr 2025 at 09:07hrs | 2037 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 239 | 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 | 724 | by Staff reporter
Modi acquires Choppies Zimbabwe for US$260,000 after selling it for US$22 million
Deputy Industry Minister and prominent businessman Raj Modi has acquired Choppies Zimbabwe for just US$260,000, marking a dramatic turn in the retail chain's fortunes more than a decade after the Bots...Published: 17 Apr 2025 at 20:46hrs | 2707 | by Staff reporter
George Guvamatanga gave company 'illegal' bank guarantee on $20 million loan
Treasury secretary George Guvamatanga has been accused of providing an "illegal and unconstitutional" bank guarantee for a US$20 million loan to a seed company linked to command agriculture corruption...Published: 17 Apr 2025 at 20:32hrs | 6591 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 11357 | by Staff reporter
Zimbabwe extends duty-free import window for bus operators
The Government has extended the duty-free bus import facility to April 30, 2025, in a move aimed at further revitalising Zimbabwe's public transport system and ensuring affordable, reliable services f...Published: 17 Apr 2025 at 07:31hrs | 308 | by Staff reporter
Zimra in tax compliance drive
The Zimbabwe Revenue Authority (Zimra) has introduced a series of taxpayer self-service kiosks across the country in a bid to simplify and improve the tax compliance process for individuals and busine...Published: 16 Apr 2025 at 23:29hrs | 384 | by Staff reporter
Caledonia Mine sets new gold production record
Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...Published: 16 Apr 2025 at 23:24hrs | 136 | 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 | 95 | by Staff reporter
Social unrest warning in South Africa
Critical issues such as the government's overreliance on taxes and the deterioration of basic services threaten social unrest in South Africa. Renowned economist Dawie Roodt warned that the go...Published: 14 Apr 2025 at 12:33hrs | 1296 | by Staff reporter
The love of money has destroyed Zimbabwe's churches and turned them into dens of thieves
Oh God, why is my spirit disquieted? As a devout Christian, nothing leaves me more disturbed and broken-hearted than witnessing the Church - the Body of Christ - being reduced to a grotesque s...Published: 13 Apr 2025 at 11:11hrs | 735 | by Tendai Ruben Mbofana
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 631 | by Staff reporter
How to start a small tutoring business in Zimbabwe
STARTING a tutoring business in Zimbabwe might sound like an easy hustle - print a flyer, post an advert on WhatsApp and you are in business. However, digging into the numbers and realities, it become...Published: 13 Apr 2025 at 09:45hrs | 174 | by Tawanda Musarurwa
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 173 | by Staff reporter
Why is Mnangagwa's regime silent on South Africa's explosive Wicknell revelations?
There are so many questions on Zimbabwe's minds. A disturbing irony hangs over Zimbabwe today. While South Africa's Financial Intelligence Centre (FIC) has taken decisive steps to inve...Published: 12 Apr 2025 at 21:34hrs | 713 | by Tendai Ruben Mbofana
Harare tops list of most corrupt provinces in Zimbabwe
Harare has been named the most corrupt province in Zimbabwe based on the number of complaints received by the Zimbabwe Anti-Corruption Commission (ZACC) during the first quarter of 2025, according to ...Published: 12 Apr 2025 at 12:51hrs | 222 | 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 | 127 | by Staff reporter
Zimbabwe white former farmers start receiving compensation
The Government of Zimbabwe has begun compensating white former commercial farmers whose land was repossessed during the Land Reform Programme, marking a pivotal step in the country's efforts to resolv...Published: 10 Apr 2025 at 09:01hrs | 74 | 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 | 967 | 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 | 1043 | by Tendai Ruben Mbofana
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3602 | by Staff reporter
Zimbabwe secures 3 month ARV supply
Zimbabwe has secured an additional three-month supply of antiretroviral (ARV) drugs to ensure uninterrupted treatment for people living with HIV, Health and Child Care Minister Dr. Douglas Mombeshora ...Published: 06 Apr 2025 at 11:32hrs | 846 | by Staff reporter
CCC councillors demand US$4,000 vehicle loan
BULAWAYO City Councillors have controversially resolved to receive US$4,000 each in personal loan facilities for the purchase of vehicles - a move that defies a Government directive and comes at a tim...Published: 06 Apr 2025 at 11:28hrs | 697 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | 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 | 9524 | by Staff reporter
Bulawayo man sentenced to 10 years for carjacking and assault
A 22-year-old man from Bulawayo, Respect Khumalo Nyoni, has been sentenced to 10 years in prison for assault and carjacking after he, along with two accomplices, attacked a taxi driver and stole his v...Published: 03 Apr 2025 at 08:21hrs | 378 | by Staff reporter
Zimra's digital transformation boosts taxpayer engagement and compliance
The Zimbabwe Revenue Authority (Zimra)'s digital transformation is revolutionizing the country's tax landscape, with new registrations on the recently introduced Tax and Revenue Management System (TaR...Published: 03 Apr 2025 at 08:08hrs | 74 | by Staff reported
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 81 | by Staff reported
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 | 735 | by Staff reported
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