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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: 10 hrs ago | 381 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 612 | 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 | 60 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 63 | 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 | 746 | 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 | 24 | by Staff reporter
Mbare Musika model to go national
The government has announced plans to replicate the modern Mbare Musika Traders Market model across Zimbabwe's 10 provinces as part of a nationwide initiative to provide safer and more dignified vendi...Published: 14 May 2025 at 08:49hrs | 571 | by Staff reporter
Kereke wins legal battle
Former Zanu PF legislator Munyaradzi Kereke has won a legal battle against the Harare Municipal Medical Aid Society (HMMAS), which had sought a refund of US$138,000 over a failed bid to purchase Fortr...Published: 14 May 2025 at 08:48hrs | 966 | 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 | 97 | by Staff reporter
Gwanda city status push gains momentum
Gwanda's bid to attain city status by 2026 is gathering pace as modern buildings and infrastructure developments begin to redefine the skyline of the Matabeleland South provincial capital.Once...Published: 11 May 2025 at 13:29hrs | 394 | by Staff reporter
Zwigananda roped into Egodini Mall project
Better Brands Construction, a company owned by businessman and ZANU-PF politician Scott Sakupwanya, has been brought on board in a last-ditch attempt to revive the long-delayed Egodini Mall redevelopm...Published: 10 May 2025 at 14:21hrs | 4085 | by Staff reporter
'Bulawayo looking like a growth point'
The Bulawayo City Council (BCC) has raised alarm over the worsening state of urban cleanliness and the sharp rise in illegal street vending, which has begun spreading from the central business distric...Published: 10 May 2025 at 14:20hrs | 7458 | by Staff reporter
Council keeps jailed directors on payroll
Zvishavane Town Council is set to pay a combined US$108,000 in back pay to three senior directors currently serving jail terms for corruption, after failing to formally terminate their contracts follo...Published: 10 May 2025 at 14:19hrs | 290 | by Staff reporter
Switzerland pledges $200,000 to renovate Bulawayo's Bhaktas market
Switzerland has pledged a US$200,000 donation towards the development of Bhakta's Market in Bulawayo, offering a significant boost to the city's drive to formalise and modernise trading spaces for inf...Published: 10 May 2025 at 14:19hrs | 149 | by Staff reporter
Zimbabwe sees sharp rise in malaria cases and deaths in 2025
Zimbabwe has recorded a significant spike in malaria cases and deaths in 2025, with the Ministry of Health and Child Care confirming an alarming 180% rise in infections and a 218% surge in fatalities ...Published: 10 May 2025 at 13:03hrs | 62 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2316 | by Roland Mpofu I iol
Chivayo, Bushiri cases dominate Anti-Corruption Conference
The high-profile cases of fugitive Malawian preacher Shepherd Bushiri and controversial Zimbabwean businessman Wicknell Chivayo have taken centre stage at the 15th Commonwealth Regional Conference for...Published: 07 May 2025 at 15:47hrs | 1877 | by Staff reporter
Zimbabwe sets up carbon credit market regulatory framework
Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...Published: 07 May 2025 at 09:26hrs | 263 | by Staff reporter
Zimbabwe govt unveils agribusiness grants
The Zimbabwean government has launched a new initiative offering grants aimed at supporting the growth of the agribusiness sector, the Ministry of Lands, Agriculture, Fisheries, Water, and Rural Devel...Published: 01 May 2025 at 08:50hrs | 173 | by Staff reporter
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 | 164 | by Staff reporter
Chiwenga urges swift implementation of Zimbabwe-Iran agreements
Vice President Dr Constantino Chiwenga has urged Zimbabwe and Iran to accelerate the implementation of over 13 cooperation agreements signed in 2023, emphasizing the urgent need for tangible outcomes ...Published: 29 Apr 2025 at 18:06hrs | 644 | 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 | 6956 | by Staff reporter
Mutare pharmacist deregistered
The Medicines Control Authority of Zimbabwe (MCAZ) has revoked the trading licence of prominent Mutare pharmacist Douglas Nzombe Chiutsi, following a series of offences committed during his tenure as ...Published: 28 Apr 2025 at 12:42hrs | 455 | 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 | 313 | 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 | 117 | 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 | 313 | 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 | 20 | by Staff reporter
Money transfer agency teller in US$4,700 and ZAR600 theft
A teller employed by Zimsend, trading as Hello Paisa, has been sentenced to community service after being convicted of stealing US$4,705 and ZAR600 from her employer.Christwish Machamacha (47)...Published: 28 Apr 2025 at 12:04hrs | 31 | by Staff reporter
Where is Nyokayemabhunu: the silence about him is Loud?
It is not only Nyokayemabhunu who has been used and quickly cast aside as a disposable. I listened carefully to Geza updating us about the demonstrations yesterday. Sadly, there was no mention of Nyok...Published: 25 Apr 2025 at 20:55hrs | 1556 | by Nomazulu Thata
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 | 90 | by Staff Reporter
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 | 140 | by Staff reporter
Zimbabwe govt acts on Cloverdale land dispute
The government has put an end to the protracted land ownership dispute over the Cloverdale area in Goromonzi, Mashonaland East province, by confirming that the 250-hectare piece of land belongs to Glo...Published: 24 Apr 2025 at 07:29hrs | 234 | by Staff reporter
Civil war: Not Matabele-Shona but Zezuru-Karanga infightings!
Now that the impeachment is dead on arrival, Geza has changed his modus operandi multiple times, he wants people to make stay-away protests. His statement has again changed, and it now says: stay away...Published: 23 Apr 2025 at 13:55hrs | 1612 | by Nomazulu Thata
Zimbabweans ignore stayaway call
Zimbabweans across the country yesterday overwhelmingly rejected calls for a nationwide stayaway, choosing instead to go about their daily routines as usual. Shops, Government offices, vegetable marke...Published: 23 Apr 2025 at 08:29hrs | 93 | by Staff reporter
Tobacco sales rake in US$279m
Zimbabwean tobacco farmers have earned US$279 million from the sale of 81.3 million kilogrammes of flue-cured tobacco so far this season, as the industry intensifies efforts to locally process at leas...Published: 22 Apr 2025 at 07:36hrs | 44 | 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 | 736 | 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 | 2714 | by Staff reporter
What triggered the call for the failed 31 March 'uprising' in Zimbabwe?
The old-age wisdom that facts are stubborn came alive last week after social media platforms and sections of the mainstream media went into a frenzy with sensational claims that the Parliament of Zimb...Published: 15 Apr 2025 at 18:22hrs | 2789 | by Jonathan Moyo
Ghana orders foreigners to exit gold market by April 30
Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said on Monday, as the West African country looks to streamline gold purchases from small-sc...Published: 15 Apr 2025 at 08:33hrs | 295 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10301 | 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 | 740 | by Tendai Ruben Mbofana
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
Richard Tsvangirai accused of lying over land-for-votes scandal
Norton Member of Parliament Richard Tsvangirai has come under fire after denying claims that he received land from the government in exchange for supporting efforts to shield President Emmerson Mnanga...Published: 12 Apr 2025 at 14:22hrs | 322 | by Staff reporter
Mnangagwa opens Mbare market
President Emmerson Mnangagwa has officially launched Phase 1 of the Mbare Musika Traders Market, a state-of-the-art facility aimed at providing a modern and conducive environment for Small to Medium E...Published: 12 Apr 2025 at 12:54hrs | 149 | 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 | 128 | 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 | 80 | 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 | 968 | by Staff reporter
New Smart Market brings convenience to Mbare Musika traders
Harare's iconic Mbare Musika has undergone a major transformation with the opening of a state-of-the-art Smart Market, a modern trading facility designed to improve hygiene, security, and convenience ...Published: 09 Apr 2025 at 12:17hrs | 590 | by Ndou Paul
SA election supply firm paid Chivayo R800 million
Zimbabwe's Ministry of Finance paid more than R1.1 billion to a South African company contracted to supply materials for the country's 2023 general elections - and over R800 million of tha...Published: 07 Apr 2025 at 20:40hrs | 1992 | by Staff reporter
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
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