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Flo Petroleum fined for selling contaminated fuel
Ibhalabhala Private Limited, trading as Flo Petroleum, has been fined US$350 by Harare magistrate Mr. Gamuchirai Gore after being found guilty of selling contaminated fuel.Magistrate Gore orde...Published: 49 mins ago | 17 | by Staff reporter
Inmates trade sugar, porridge for weed
GWANDA - Two serving prison inmates, Hloniphani Mkwananzi (42) and Tiisetse Ngulube, have been sentenced to 15 months in prison for trading food items received from relatives in exchange for cannabis....Published: 16 Jul 2025 at 16:01hrs | 536 | by Gideon Madzikatidze
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 | 724 | by Staff reporter
ZERA Announces New Fuel Prices Effective 9 July 2025
The Zimbabwe Energy Regulatory Authority (ZERA) has released the new petroleum prices for July 2025, which came into effect on Wednesday, 9 July. The updated prices apply until 4 August 2025 and refle...Published: 10 Jul 2025 at 13:57hrs | 905 | 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 | 175 | by Staff reporter
Illegal lithium exports undermine Zimbabwe's mineral wealth
In 2023, Peter, a truck driver, approached a border checkpoint between Zimbabwe and Mozambique carrying a sealed container he believed held chrome, a mineral listed on the shipment paperwork. Having t...Published: 10 Jul 2025 at 09:00hrs | 238 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 305 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 827 | by Staff reporter
Egodini Mall project in turmoil
The long-delayed Egodini Mall redevelopment project has hit yet another major stumbling block, with South Africa-based contractor Terracotta Trading (Pvt) Ltd requesting to revise its investment downw...Published: 07 Jul 2025 at 08:46hrs | 666 | by Staff reporter
Bulawayo residents raise alarm over council procurement processes
Bulawayo residents have voiced growing concern over the Bulawayo City Council's (BCC) procurement and tender procedures, accusing the local authority of a lack of transparency that has led to shoddy w...Published: 07 Jul 2025 at 08:45hrs | 105 | by Staff reporter
Foreign vendors turn Bulawayo pavements into open-air toilets, bedrooms
The heart of Bulawayo's Central Business District is fast degenerating into a public health crisis as illegal vendors - many of them from outside the city - have turned pavements into makeshift homes,...Published: 06 Jul 2025 at 10:06hrs | 332 | 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 | 229 | by Staff reporter
Pakistani millers wreck havoc
Local grain milling companies are crying foul over the invasion of stipulated reserved sectors by foreign nationals.Speaking on the sidelines of an engagement with the Grain Millers Associatio...Published: 04 Jul 2025 at 22:37hrs | 683 | by Paul Ndou
Securico ordered to pay mine US$675,000 over gold bullion heist
Security firm DDNS Security Operations, trading as Securico, has been ordered by the High Court to pay US$675,000 to How Mine after it lost nearly 12 kilograms of gold bullion in an armed robbery whil...Published: 04 Jul 2025 at 14:35hrs | 513 | by Staff reporter
Here's who won Zimbabwe govt's biggest road tenders
The Ministry of Transport handed out millions of dollars' worth of contracts for roadworks in the first quarter of the year. Here are some of the biggest winners.Top of the pile? Fossil...Published: 04 Jul 2025 at 14:30hrs | 27273 | by Staff reporter
Starafrica feels the pinch of sugar tax
Local sugar producer Starafrica Corporation says it is grappling with weak demand for industrial sugar, with the government-imposed sugar tax on beverages negatively affecting some of its key customer...Published: 04 Jul 2025 at 12:33hrs | 94 | by Staff reporter
Local millers cry foul over foreign takeover of reserved sector
Local grain milling companies have raised alarm over what they describe as the growing invasion of Zimbabwe's legally reserved sectors by foreign nationals, particularly Pakistani business operators....Published: 03 Jul 2025 at 09:12hrs | 211 | by Staff reporter
Fidelity Gold launches elite enforcement unit
Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...Published: 01 Jul 2025 at 12:23hrs | 286 | by Staff reporter
OK Zimbabwe earmarks 50% of capital raise to clear debts
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...Published: 30 Jun 2025 at 13:12hrs | 174 | by Staff reporter
Dr Guramatunhu loses money in cryptocurrency scam
Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly lost more than US$583,000 in a cryptocurrency scam allegedly orchestrated by a business associate and her husband, a Harare court heard y...Published: 25 Jun 2025 at 15:20hrs | 902 | by Staff reporter
5 women arrested in dagga and illegal drug bust
Police in Manicaland have arrested five women after they were caught with dagga, unregistered medicine, and illicit beer during a crackdown on illegal vendors at Redwing Mine in Penhalonga earlier thi...Published: 24 Jun 2025 at 12:40hrs | 356 | by Staff reporter
3 Zimbabweans arrested for investment fraud in India
Kolkata Police arrested three Zimbabwean nationals - Tinashe Gadzikwa Praise (22), Malvern Matungamire (25), and Nyamhunga Lenon Kudakwashe (23) - from separate apartments in Mohali's Kharar area, Pun...Published: 23 Jun 2025 at 10:59hrs | 310 | 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
Bulawayo City Council launches crackdown to clean CBD
Bulawayo City Council (BCC) has embarked on a city-wide crackdown targeting illegal street vending, with intensified day and night raids now actively underway in the Central Business District (CBD). T...Published: 18 Jun 2025 at 18:09hrs | 233 | by Staff reporter
Zimbabwe Mercantile Exchange reports surge in grain demand
The Zimbabwe Mercantile Exchange (ZMX) has recorded a significant surge in demand for grain commodities during the trading week of June 9 to 13, highlighting a dynamic shift in the country's agricultu...Published: 17 Jun 2025 at 07:32hrs | 113 | by Staff reporter
Airtime vendor sues ZRP for US$40,000
Airtime vendor Michael Zumba from Masvingo has filed a US$40,000 lawsuit against Zimbabwe Republic Police (ZRP) Commissioner General Stephen Mutamba and Minister of Home Affairs and Cultural Heritage ...Published: 16 Jun 2025 at 14:47hrs | 328 | by Staff reporter
ZBFH to surrender building society licence by year-end
Financial services group ZB Financial Holdings (ZBFH) has announced its intention to comply with the Reserve Bank of Zimbabwe's (RBZ) conditions to surrender the licence of its building society unit b...Published: 11 Jun 2025 at 08:40hrs | 127 | 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 | 239 | by Staff reporter
Zimbabweans lose money to bogus Bitcoin trading company - InnBucks, Ecocash abused in the racket to lure unsuspecting clients
Scores of Zimbabweans have fallen victim to a bogus trading platform syndicate that advertises on Facebook as InnBucks Investment to lure people into depositing their money through Ecocash into an ind...Published: 08 Jun 2025 at 11:00hrs | 1161 | by Stephen Jakes
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 | 333 | 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 | 194 | by Staff reporter
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 1330 | by Trymore Sibanda
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1946 | by Staff reporter
RBZ applauds declining inflation
The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...Published: 03 Jun 2025 at 09:48hrs | 87 | by Staff reporter
'Tsholotsho Gold Project has 1 million gold ounces potential'
United Kingdom-based mining company Ariana Resources Plc has announced that its flagship Dokwe Gold Project in Zimbabwe has the potential to yield more than one million ounces of gold, reinforcing inv...Published: 02 Jun 2025 at 18:40hrs | 661 | by Staff reporter
Khayah Cement delists from Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange (ZSE) has officially announced the voluntary termination of listing for Khayah Cement Limited, effective May 22, 2025, following the company's decision to enter corporate r...Published: 02 Jun 2025 at 16:27hrs | 202 | by Staff reporter
Machete gangs terrorise Bulawayo
Residents of Bulawayo are gripped by fear as machete-wielding gangs continue to unleash violent attacks across the city's high-density suburbs. The brutal assaults have left many victims nursing serio...Published: 01 Jun 2025 at 14:31hrs | 253 | by Staff reporter
Harare remand prison a haven for drugs and corruption
Despite being guarded round the clock, Harare Remand Prison has become a notorious hub for drugs, smuggling, and illicit trading, activities abetted by some of the very guards assigned to enforce orde...Published: 01 Jun 2025 at 14:27hrs | 127 | 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 | 488 | by Staff reporter
Zanu-PF's Boys DzaMdara hosts youth empowerment indaba
A Zanu-PF affiliate group, Boys DzaMdara, has launched a youth empowerment indaba in Nyanga, aimed at nurturing and supporting up-and-coming entrepreneurs from across the country.The meeting, ...Published: 30 May 2025 at 08:57hrs | 108 | by Staff reporter
Zimbabwe to roll out 1 laptop per child initiative to bridge digital divide
The Government of Zimbabwe is advancing efforts to enhance digital learning by rolling out the One Laptop Per Child initiative and providing annual training in Artificial Intelligence (AI) and digital...Published: 28 May 2025 at 11:00hrs | 161 | by Staff reporter
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 1237 | by Tendai Ruben Mbofana
Zimbabwe launches World's first blockchain carbon registry
Zimbabwe has made history by launching the world's first blockchain-based National Carbon Registry, a groundbreaking move announced by President Emmerson Mnangagwa during the SADC Transfrontier Conser...Published: 26 May 2025 at 08:08hrs | 110 | by Staff reporter
Chinese families choosing an African education
In 2018, while I was conducting fieldwork in Zimbabwe, I met a Chinese man who shared a surprising story. One night, he heard his 4-year-old daughter sleep-talking in English. The next day he called h...Published: 26 May 2025 at 07:56hrs | 39 | by Staff reporter
Chivayo meltdown deepens mystery over R800m ZEC windfall
Flamboyant businessman Wicknell Chivayo has sparked fresh controversy following a bizarre outburst dismissing growing questions over alleged multimillion-rand payments linked to Zimbabwe's 2023 electi...Published: 24 May 2025 at 11:03hrs | 1675 | by Staff reporter
Scottland roped in for Egodini Mall project
Terracotta Trading Private Limited, the contractor behind the long-delayed Egodini Mall redevelopment project, has brought on board Better Brands Construction in a bid to accelerate progress amid moun...Published: 20 May 2025 at 10:09hrs | 919 | by Staff reporter
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1464 | by Staff reporter
NMBZ finalises US$70m external credit lines
Zimbabwe Stock Exchange-listed financial services group NMBZ Holdings is on the verge of securing external lines of credit worth over US$70 million, as part of its broader strategy to unlock US$100 mi...Published: 19 May 2025 at 09:19hrs | 84 | by Staff reporter
Cereal imports ban looms in Zimbabwe
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has recommended a ban on cereal imports in a move aimed at boosting the local grain market and strengthening Zimbabwe's food ...Published: 19 May 2025 at 09:18hrs | 396 | by Staff reporter
Devastating fire ravages Magaba in Mbare
A fierce blaze erupted late last night at the bustling Magaba area in Mbare, leaving a trail of destruction and despair among Small and Medium Enterprise (SME) traders who lost equipment, stock, and t...Published: 17 May 2025 at 20:59hrs | 976 | by Staff reporter
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