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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: 6 hrs ago | 1371 | by Staff reporter
Choppies exits Zimbabwe with US$1 million loss
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately US$1.02 million) following the disposal of its Zimbabwean operations in December...Published: 04 Apr 2025 at 13:39hrs | 915 | by Staff reportetr
MPs push for legislation to protect vendors
Members of Parliament have launched a renewed call for legislative measures to protect the livelihoods of vendors, following concerns over the frequent confiscation of their goods by law enforcement a...Published: 03 Apr 2025 at 08:23hrs | 282 | by Staff reporter
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 | 720 | by Staff reported
South Africa's GNU at risk after parliament backs budget
South Africa's parliament approved a key piece of budget legislation despite objections from the second-biggest party in the coalition government, raising the risk of the alliance unravelling....Published: 03 Apr 2025 at 07:57hrs | 263 | by Staff reported
Zimbabwe's worst-designed city: Zimre Park, Ruwa
I urge the residents of Zimre Park, Ruwa, to recognize the urgent need to safeguard our property values, which are being undermined by the Ruwa Local Board's (RLB) evident mismanagement. The RLB's lac...Published: 29 Mar 2025 at 09:43hrs | 1139 | by Sam Wezhira
Vendors demand justice against Insiza councillor
Vendors and community members at Shangani Business Centre in Insiza, Matebeleland South, are calling for the swift delivery of justice in a fraud case involving local Councillor Nomusa Moyo (Citizens ...Published: 26 Mar 2025 at 06:52hrs | 678 | by Staff reporter
Fidelity Gold Refinery invites bids for gold collection centre construction
Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility a...Published: 23 Mar 2025 at 08:08hrs | 205 | by Staff reporter
Key Sadc trade talks begin in Victoria Falls
Zimbabwe is set to host the five-day Southern African Development Community (SADC) Technical Barriers to Trade (TBT) Cooperation Structures meetings, starting tomorrow, March 24, in Victoria Falls. Th...Published: 23 Mar 2025 at 08:05hrs | 131 | by Staff reporter
OK Zimbabwe reverses Bulawayo branch closure decision
Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, with a new business model that converts the outlet into a wholesale facility with lower operating co...Published: 21 Mar 2025 at 09:14hrs | 402 | by Staff reporter
Zimbabwe's Silent Struggle: A Nation on the brink but too fearful to rise
Zimbabwe is a nation in crisis, and the time for silence has passed. Power cuts are routine, water supplies are unreliable, and roads are riddled with potholes. The healthcare system has collapsed, wi...Published: 19 Mar 2025 at 21:22hrs | 1437 | by Vusani Magwala
Bulawayo City Council orders pushcart ban to restore order
The Bulawayo City Council (BCC) has announced the immediate relocation of all vendors operating along 5th Avenue to designated vending sites, in line with a Government directive aimed at restoring ord...Published: 19 Mar 2025 at 06:53hrs | 1913 | by Staff reporter
Bulawayo relocates 5th Avenue informal traders
The City of Bulawayo has announced the relocation of informal traders from 5th Avenue to the Bhaktas 2 Site, situated along Lobengula Street and 2nd Avenue, as part of efforts to decongest the Central...Published: 18 Mar 2025 at 15:17hrs | 5803 | by Staff reporter
Chiwenga and Mutsvangwa are blood relatives
The long-standing animosity between Zanu-PF spokesman Christopher Mutsvangwa and Vice President Constantino Chiwenga extends beyond political rivalry - it is rooted in a deep-seated family feud....Published: 17 Mar 2025 at 21:14hrs | 3700 | by Staff reporter
Trump's US is looking for a political showdown with South Africa
The debate on Ebrahim Rasool's public expulsion as South Africa's ambassador to the US has focussed on the wisdom of his remarks. But this debate misses the substantive issues at stake. First, the pub...Published: 16 Mar 2025 at 13:44hrs | 1276 | by Adam Habib
Zimbabwe to reform electricity pricing
Zimbabwe is set to introduce regulatory changes in its electricity pricing system to allow producers to sell power at competitive rates, ensuring they can recoup costs and sustain operations.E...Published: 16 Mar 2025 at 09:24hrs | 303 | by Staff reporter
BCC dithers on vendors
The Bulawayo City Council (BCC) has taken a less confrontational stance on the ongoing vending crisis, allowing the Government's 48-hour ultimatum to lapse without any major enforcement measures. Inst...Published: 16 Mar 2025 at 09:23hrs | 2037 | by Staff reporter
Zimbabwe to slash taxes and fees
The Zimbabwean government has announced plans to implement significant reductions in taxes and regulatory fees over the next six months as part of efforts to enhance the ease of doing business and att...Published: 16 Mar 2025 at 09:20hrs | 342 | by Staff reporter
Police vow enforcement against all illegal vendors
The Zimbabwe Republic Police (ZRP) has pledged to assist municipalities and other security agencies in clearing vendors from the streets following a 48-hour ultimatum issued by Local Government and Pu...Published: 15 Mar 2025 at 10:12hrs | 213 | by Staff reporter
Govt orders clearance of 'illegal' vending sites within 48 hours
The Government has directed all local authorities to clear illegal vending sites within 48 hours as part of a nationwide crackdown on unregulated trading activities, citing serious public health, secu...Published: 13 Mar 2025 at 06:56hrs | 253 | by Staff reporter
Mnangagwa's govt orders immediate removal of vendors from CBDs
The Zimbabwean government has issued a directive ordering municipalities across the country to remove all vendors operating within central business districts (CBDs) and other undesignated selling poin...Published: 12 Mar 2025 at 18:23hrs | 1611 | by Staff reporter
Ramaphosa's ANC to increase VAT for South Africa
Finance minister Enoch Godongwana has proposed a 0.5 percentage point increase for value-added tax (VAT) in the 2025/26 financial year, followed by a further 0.5 percentage point increase in 2026/27....Published: 12 Mar 2025 at 15:11hrs | 363 | by Staff reporter
Zimra shuts down Unity Village Flea Market in Bulawayo
The Zimbabwe Revenue Authority (ZIMRA) has locked up Unity Village Flea Market in Bulawayo as part of a nationwide crackdown on smuggled goods and counterfeit products. The move is part of ZIMRA's eff...Published: 10 Mar 2025 at 15:42hrs | 2313 | by Staff reporter
Modi takes over Choppies outlets
Retail chain operator Sai Mart, owned by Bulawayo businessman and legislator Raj Modi, has successfully acquired all former Choppies Zimbabwe outlets nationwide and is now embarking on an extensive re...Published: 10 Mar 2025 at 08:41hrs | 1684 | by Staff reporter
Zimbabwe govt rolls out POS machines to formalise informal businesses
The Zimbabwean government has commenced a nationwide programme to integrate unregistered businesses into the formal economy by distributing point-of-sale (POS) machines, which are now a prerequisite f...Published: 09 Mar 2025 at 13:08hrs | 194 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2027 | by Staff reporter
Diplomatic Breakdown: The Failed Trump-Zelensky Meeting
The February 28, 2025 Oval Office meeting between Presidents Trump and Zelensky ended in diplomatic disaster, fundamentally altering US-Ukraine relations. What began as a planned mineral resources agr...Published: 02 Mar 2025 at 19:44hrs | 1501 | by Staff Reporter
Harare deploys special police unit against vendors
The City of Harare has announced the creation of a new municipal police unit tasked with raiding illegal traders and arresting litterbugs in the central business district (CBD). This move is part of t...Published: 01 Mar 2025 at 09:21hrs | 1021 | by Staff reporter
Mnangagwa to officially re-open Mbare Market
President Emmerson Mnangagwa is set to officially re-open Mbare Market in two weeks, following extensive reconstruction after a devastating fire last November. The re-opening ceremony will also mark t...Published: 01 Mar 2025 at 09:06hrs | 336 | by Staff reporter
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 404 | by Staff reporter
Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 22 Feb 2025 at 11:07hrs | 753 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Illicit wealth case resumes in Zimbabwe court
The trial of Dennis Madondo, a 33-year-old man from Murehwa accused of acquiring property using illicit funds, resumed yesterday, with the prosecution presenting evidence on his unexplained wealth....Published: 18 Feb 2025 at 03:30hrs | 503 | by Staff reporter
OK Zimbabwe begins restocking after weeks of empty shelves
Troubled retailer OK Zimbabwe has announced that it has started restocking its outlets following weeks of empty shelves and temporary closures due to macroeconomic challenges, particularly exchange ra...Published: 17 Feb 2025 at 12:37hrs | 1672 | by Staff reporter
Mphoko's son moves to block Choppies sale to Raji Modi
Siqokoqela Mphoko, son of the late former Vice President Phelekezela Mphoko, has filed an urgent chamber application seeking to prevent the sale of Choppies Zimbabwe to Bulawayo businessman and Deputy...Published: 16 Feb 2025 at 16:42hrs | 1950 | 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 | 431 | by Etiwel Mutero
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 431 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6461 | by Staff reporter
Bus operator ordered to pay US$145,000 for fatal crash
Mandeep Tours, a luxury bus operator, has been ordered to pay US$145,042.94 in damages to Govasberg, another bus company, for the total loss of its bus in a tragic head-on collision that claimed 13 li...Published: 10 Feb 2025 at 06:34hrs | 1014 | by Staff reporter
BCC resolves to permanently close 5th Ave market
Bulawayo City Council has resolved to permanently close the 5th Avenue vegetable trading market, citing the need to enhance urban planning, improve safety, and support sustainable business growth. The...Published: 09 Feb 2025 at 11:24hrs | 2383 | by Staff reporter
Bulawayo City Council steps up efforts to restore order in CBD
The Bulawayo City Council (BCC) has announced plans to maintain a strong security presence at key vending sites and illegal commuter pick-up points in the Central Business District (CBD) as part of it...Published: 09 Feb 2025 at 11:23hrs | 959 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 582 | by Staff reporter
Bulawayo City Council cracks down on illegal street vendors
The National Consumer Rights Association (Nacora) has expressed support for the ongoing operation by the Bulawayo City Council (BCC) aimed at curbing the growing presence of illegal street vendors in ...Published: 08 Feb 2025 at 12:46hrs | 2391 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 183 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 392 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1318 | by Staff reporter
Egodini deal terminated
The Bulawayo City Council (BCC) has officially moved to terminate the lease agreement with Terracotta Trading Private Limited for the US$60 million Egodini Redevelopment Project due to the contractor'...Published: 06 Feb 2025 at 07:34hrs | 2221 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 170 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 351 | by Staff reporter
80% of Matebeleland South roads untrafficable
At least 80% of the road infrastructure in Matebeleland South has been severely damaged by heavy rains that have pounded Zimbabwe in recent weeks, a Zanu-PF lawmaker has claimed. The province has been...Published: 02 Feb 2025 at 18:50hrs | 1148 | by Staff reporter
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