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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 | 649 | 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 | 355 | 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 | 273 | 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 | 232 | 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 | 62 | 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 | 326 | 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 | 126 | 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
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 | 1146 | 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 | 296 | 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
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 | 86 | 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 | 660 | 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 | 201 | 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 | 246 | 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 | 122 | 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
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 | 103 | 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 | 157 | 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 | 108 | 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 | 38 | 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 | 1654 | 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 | 1463 | 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 | 380 | 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 | 975 | 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 | 667 | 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
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 | 72 | 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 | 775 | 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
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 | 573 | 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 | 996 | 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
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 | 402 | 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 | 4129 | 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 | 7536 | 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 | 299 | 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 | 157 | 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 | 68 | 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 | 2430 | 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 | 1982 | 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 | 266 | 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 | 181 | 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
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