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Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 515 | 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
Illegal Mozambican immigrant's son targets Zimbabwean activist with deportation
ActionSA leader Herman Mashaba, who is son to an illegal Mozambican immigrant, has issued a stern warning to controversial Zimbabwean activist Rutendo Matinyarare, threatening to ...Published: 14 Jul 2025 at 07:43hrs | 663 | by Staff reporter
Extra US$26m splashed on Trabablas raises stink
Finance Minister Mthuli Ncube was grilled by legislators over concerns of excessive expenditure on the Trabablas Interchange project in Harare, with questions raised about the total cost and sources o...Published: 13 Jul 2025 at 11:13hrs | 41 | 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
Machakaire launches scathing personal attack on Mahere
Youth Empowerment Minister Tinoda Machakaire has launched a blistering personal attack on former opposition legislator and lawyer Fadzayi Mahere after she posted a series of pointed questions on socia...Published: 06 Jul 2025 at 10:54hrs | 702 | by Staff reporter
Ministry fails to pay US$180 000 CDU workshop allowances to teachers
Nearly a year after hosting nationwide syllabus review workshops, the Ministry of Primary and Secondary Education (MoPSE) is yet to pay over US$180,000 owed to participants, sparking outrage among edu...Published: 02 Jul 2025 at 12:03hrs | 256 | by Staff reporter
Kasukuwere escalates attacks on Tagwirei
Former Zanu-PF national political commissar and minister Saviour Kasukuwere has sharply escalated his criticism of local business tycoon Kudakwashe Tagwirei following Tagwirei's public accusations lab...Published: 27 Jun 2025 at 09:45hrs | 1814 | by Staff reporter
Zimbabwe rebuilds correspondent banking ties
The Bankers Association of Zimbabwe (BAZ) has confirmed that some regional and niche international financial institutions have begun cautiously re-engaging with Zimbabwean banks, following the lifting...Published: 19 Jun 2025 at 07:10hrs | 164 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 214 | 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
Zimbabwe tobacco sales reach 88% of national target
A notable shift in Zimbabwe's tobacco marketing landscape is unfolding, with auction prices surpassing contract prices for 24 consecutive days, signaling potential cracks in the long-dominant contract...Published: 06 Jun 2025 at 09:42hrs | 129 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 163 | by Staff reporter
ZiG inflation rises to 92%
Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing t...Published: 31 May 2025 at 14:04hrs | 1103 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 30 May 2025 at 12:13hrs | 72866 | by Staff reporter
Zimbabwe's debt indaba on, AfDB meetings start
The African Development Bank Group (AfDB) has commenced its 2025 annual meetings today, featuring key agenda items including Zimbabwe's arrears clearance and debt resolution process, as well as ...Published: 26 May 2025 at 08:31hrs | 146 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
ZNCC to hold annual congress in June
The Zimbabwe National Chamber of Commerce (ZNCC) will hold its highly anticipated annual congress from June 25 to 28 in Victoria Falls, aiming to foster inclusive economic growth, improve the bu...Published: 16 May 2025 at 10:29hrs | 79 | by Staff reporter
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 776 | by Staff reporter
ZSE launches AI-enabled data direct platform
The Zimbabwe Stock Exchange Limited (ZSE) has unveiled Data Direct, a new artificial intelligence (AI)-enabled platform designed to improve access to comprehensive market data as part of its digital t...Published: 15 May 2025 at 09:19hrs | 29 | by Staff reporter
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 163 | by Staff reporter
ZSE granted self-listing approval
The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Pro...Published: 12 May 2025 at 18:12hrs | 97 | by Staff reporter
Rwanda recruits second group of Zimbabwe teachers
Rwanda is set to recruit more than 150 Zimbabwean teachers in a second wave of recruitment under a bilateral skilled worker exchange programme designed to bolster educational capacity and deepen coope...Published: 12 May 2025 at 18:08hrs | 527 | by Staff reporter
Education Minister to personally monitor school reopening nationwide
Primary and Secondary Education Minister Torerai Moyo has announced plans to personally visit schools across the country this week to ensure a smooth start to the second term, amid common concerns aro...Published: 12 May 2025 at 08:44hrs | 833 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 811 | by Staff reporter
Zanu-PF delegation back from China with optimism for investment
A high-level ZANU-PF delegation has returned from a successful week-long exchange programme in China, expressing optimism about the potential for increased investments from the Far East. The visit, wh...Published: 28 Apr 2025 at 12:17hrs | 49 | by Staff reporter
Zimbabwe has removed barriers to trade, says Chiwenga
Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...Published: 28 Apr 2025 at 12:14hrs | 202 | by Staff reporter
VFEX sees massive jump in Q1 turnover
The Victoria Falls Stock Exchange (VFEX) recorded a significant jump in trading activity during the first quarter of 2025, with market turnover reaching US$58.5 million — a 383 percent increase from...Published: 28 Apr 2025 at 12:09hrs | 23 | 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 | 11664 | by Staff reporter
'Eddie must carry his Cross'
Information, Publicity and Broadcasting Services Minister Dr. Jenfan Muswere has strongly condemned former opposition politician Eddie Cross for his recent unsubstantiated allegations against the Firs...Published: 06 Apr 2025 at 11:34hrs | 2153 | by Staff reporter
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 | 84 | by Staff reported
Is it legal to keep US$70,000 cash at home in Zimbabwe?
In recent weeks, Zimbabwe has experienced an alarming increase in armed robbery cases, with criminals specifically targeting individuals and businesses that keep large amounts of cash at their premise...Published: 19 Mar 2025 at 09:58hrs | 799 | by Staff writer
Slain cop's daughter pens emotional letter
The tragic death of Detective Constable Cassandra Hove, a victim of suspected friendly fire, has been compounded by the deeply affecting words of her 10-year-old daughter.In a letter that has ...Published: 15 Mar 2025 at 10:09hrs | 313 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1544 | by NewsHawks
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 257 | by Staff reporter
The Unholy Pursuit of Power: A Rebuttal to the Proposal for Extending President Mnangagwa's Term
An article by Tinotenda recently espoused the notion that the proposal for extending President Mnangagwa's term is centered around ensuring continuity and stability in Zimbabwe's economic recovery and...Published: 15 Feb 2025 at 22:45hrs | 433 | by Etiwel Mutero
Zimbabwe govt announces subsidized 2025 ZIMSEC exam fees
The Government of Zimbabwe has revealed the 2025 Zimbabwe School Examinations Council (ZIMSEC) examination fees for both Ordinary Level (O-Level) and Advanced Level (A-Level) candidates, with signific...Published: 13 Feb 2025 at 14:02hrs | 1554 | by Staff reporter
RBZ predicts inflation to trend down in 2025
The Reserve Bank of Zimbabwe (RBZ) is optimistic about continued inflation moderation, forecasting the monthly inflation rate to average 3% or less in 2025. The central bank expects the annual inflati...Published: 10 Feb 2025 at 06:31hrs | 213 | by Staff reporter
3 men in court for 'swapping' gold with counterfeit button
Three men have been charged with defrauding a gold panner of gold worth US$1,858 by swapping a genuine smelted gold button with a counterfeit one. Aleck Ngoni Pangazira (38), Simbarashe Karimupfumbi (...Published: 06 Feb 2025 at 07:20hrs | 130 | by Staff reporter
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 572 | by Staff reporter
Viral video of Zimbabwean patient and SA nurses' clash sparks outrage
A ZIMBABWE patient's encounter with South African nurses has sparked widespread debate and outrage after a video went viral on social media.The footage, allegedly recorded at a medical facilit...Published: 20 Jan 2025 at 10:23hrs | 553 | by Staff reporter
ZiG scarcity has eased exchange rate depreciation
The limited availability of Zimbabwe Gold (ZWG) currency has helped ease exchange rate depreciation on the parallel market, although US dollar demand pressures have continued to push premiums higher t...Published: 16 Jan 2025 at 07:17hrs | 3118 | by Staff reporter
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 144 | by Staff reporter
Ibbo Mandaza's son faces assault charges
The son of prominent academic and political commentator Professor Ibbo Mandaza appeared in court facing allegations of assaulting his ex-wife on Christmas Eve.Ibbo Mandaza Jr (33) was charged ...Published: 11 Jan 2025 at 08:17hrs | 532 | by Staff reporter
White DA minister's tactics only benefiting his DA constituency
The Minister of Public Works and Infrastructure Dean Macpherson has been accused of instituting oppressive style tactics at the Independent Development Trust (IDT) to only benefit his DA constituency....Published: 14 Dec 2024 at 16:05hrs | 295 | by Staff reporter
Biti criticizes Zimbabwe's economic policies
Former finance minister Tendai Biti has strongly criticized the economic policies under the current administration, describing them as "fictitious" and blaming them for Zimbabwe's ongoing de-industria...Published: 14 Dec 2024 at 12:34hrs | 515 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 197 | by Staff reporter
Harare loses millions in potential revenue
The City of Harare is losing millions of United States dollars in potential revenue from unpaid rates, with tuckshop owners and residents among the main defaulters. This was revealed by Acting Revenue...Published: 12 Dec 2024 at 06:56hrs | 323 | by Staff reporter
London declining as financial center
The number of companies listed on the London Stock Exchange (LSE) is decreasing at the quickest pace in more than ten years, Bloomberg has reported, citing data compiled by the outlet.In 2024,...Published: 06 Dec 2024 at 14:20hrs | 282 | by Staff reporter
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