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The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 989 | by Innocent Mujeri
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 | 179 | by Staff reporter
Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024
Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This grow...Published: 02 Dec 2024 at 07:17hrs | 89 | by Staff reporter
Mnangagwa signs 5 aviation protocols
President Emmerson Mnangagwa has taken a significant step in supporting international civil aviation by signing five instruments of ratification and accession related to the International Civil Aviati...Published: 02 Oct 2024 at 07:48hrs | 146 | by Staff reporter
Zimbabwe's missing link
IN today's rapidly changing global business environment, organisations are under increasing pressure to remain competitive, innovative and sustainable.Leadership, in its truest sense, has beco...Published: 18 Sep 2024 at 08:29hrs | 130 | by Staff reporter
William Ruto visits Germany: German press rebukes his claims about labour contracts.
It does not matter how one looks at this story; it is not only shameful to Kenya: it must shame all Africans equally. Recently, President Willian Ruto was on a state visit to Germany, and was proud to...Published: 17 Sep 2024 at 22:06hrs | 795 | by Nomazulu Thata
Zimbabwe deploys gold mobilisation taskforce
Authorities have deployed a national gold mobilisation taskforce to Zimbabwe's eight mining provinces in a strategic move to increase gold deliveries to Fidelity Printers and Refineries (FPR). This in...Published: 17 Sep 2024 at 06:35hrs | 480 | by Staff reporter
Everton Mlalazi: A beacon of hope in International Gospel Music
Everton Mlalazi, a prominent figure in the international gospel music scene, continues to captivate audiences worldwide with his powerful messages of hope, love, and unity. Born and raised in Zimbabwe...Published: 15 Sep 2024 at 10:03hrs | 63 | by Staff reporter
Zanu-PF wields axe on young MPs
A faction in Zanu-PF pushing for President Emmerson Mnangagwa to have a third term has come out guns blazing pushing for the ouster of young party parliamentarians whom they accuse of sabotaging the 2...Published: 03 Aug 2024 at 15:54hrs | 1654 | by Staff reporter
ZiG uncertainties to frustrate GDP forecasts
Zimbabwe's economic growth prospects are facing serious challenges due to liquidity shortages and a severe drought, according to leading advisory firms and economists. In a recent mid-term bud...Published: 03 Aug 2024 at 12:57hrs | 198 | by Staff reporter
Shortage of ZiG coins, notes affects Bulawayo vendors
Informal traders in Bulawayo are grappling with significant challenges due to the scarcity of Zimbabwe Gold (ZiG) notes and coins, which has severely impacted their ability to conduct business effecti...Published: 11 Jul 2024 at 07:26hrs | 11 | by Staff reporter
Tongaat Hullets slams Zimbabwe's tough fiscal measures
Tongaat Hullets, a listed agriculture and agri-processing firm, has reported on its performance for the period ending March 31, 2024, amidst challenging fiscal measures in Zimbabwe. The compan...Published: 04 Jul 2024 at 10:29hrs | 1 | by Staff reporter
Zimra, Nampak clash over ZW$27bn penalty
Nampak Zimbabwe, a major industrial packaging manufacturer, is contesting hefty penalties imposed by the Zimbabwe Revenue Authority (Zimra), amounting to ZW$26.7 billion. The company attributes this d...Published: 30 Jun 2024 at 18:31hrs | 3 | by Staff reporter
Herman Mashaba's ActionSA rejects ANC of Ramaphosa's overtures
Herman Mashaba's ActionSA has declined an invitation to join the ANC-led Government of National Unity, saying it was important for Parliament to have a strong opposition to the government.Lead...Published: 26 Jun 2024 at 12:57hrs | 10 | by Staff reporter
ZSE to list on own bourse
The Zimbabwe Stock Exchange (ZSE) is preparing to self-list on its own platform in the upcoming year, marking a significant milestone in its history. This move, aimed at accessing better risk-adjusted...Published: 22 Jun 2024 at 11:37hrs | 1 | by Staff reporter
Delta takes Zimra to court
Zimbabwe's largest beverages producer recently announced its opposition to a US$54.8 million tax claim, labeling it as unjust enrichment for the Zimbabwe Revenue Authority (Zimra). Delta Corporation, ...Published: 18 May 2024 at 12:17hrs | 21 | by Staff reporter
Fitness enthusiast Ms Waist causes a stir on social media
Ms Waist is a trending fitness enthusiast who has taken social media by storm. Her slim waist and well toned body has left many drooling at the results of a strict fitness regiment implemented by Ms W...Published: 13 Apr 2024 at 17:24hrs | 27 | by Mandla Ndlovu
ZiG Currency: Catalyzing Zimbabwe's Middle-Income Pursuit - Empowering Economic Well-being
Zimbabwe has taken a crucial step in revitalizing the economy and instilling trust in the financial sector by introducing the groundbreaking Zimbabwean Gold-backed Dollar (ZiG) as the official replace...Published: 10 Apr 2024 at 22:17hrs | | by Elvis Dzvene
Zimbabwe's new ZiG spins markets into trading disruptions and uncertainty
Zimbabwe's newly introduced ZiG currency is causing market disruptions and transaction bottlenecks despite central bank assurances that it is backed by gold and foreign currency reserves, amid sceptic...Published: 09 Apr 2024 at 06:24hrs | | by Staff reporter
Strategic Analysis of Zimbabwe's Monetary Policy and Its Implications on the Real Estate Sector
Introduction The Reserve Bank of Zimbabwe unveiled a new monetary policy aimed at stabilizing the country's currency and economy. The policy focuses on ...Published: 07 Apr 2024 at 09:17hrs | 9 | by Dr Bekithemba Mpofu
Exploring the World of Forex Trading in Zimbabwe with MetaTrader 5
Forex trading, the dynamic process of exchanging currencies, is becoming increasingly popular in Zimbabwe. The Forex market offers a viable platform as individuals and traders look for new o...Published: 19 Mar 2024 at 12:16hrs | 48 | by Staff Reporter
Spin and Win: The Ultimate Online Roulette Strategy Guide
Roulette is undeniably one of the most exhilarating games in the casino world, drawing players in with its thrill and excitement. Its simplicity and the anticipation of where the ball will land make i...Published: 26 Feb 2024 at 21:31hrs | 15 | by Staff Reporter
Pressing Buttons
I want to talk about a pressing matter that has been on my mind lately. It is a reality we must face, a truth we must not ignore. If our government, specifically ZANU PF, continues to oppress us, one ...Published: 07 Feb 2024 at 18:25hrs | | by Kumbirai Thierry Nhamo
Foreign investors ditch Zimbabwe capital markets
FOREIGN investors continue to lower their interest on the local capital markets, with investor participation on annual value traded averaging 3%, due to policy inconsistency and inflation, leading res...Published: 30 Jan 2024 at 07:47hrs | 2 | by Staff reporter
Tobacco output to dip as registered growers decline by 24%
The registered count of tobacco growers has seen a notable decrease of 24% compared to the corresponding period last year, indicating a potential reduction in yields for the upcoming season.To...Published: 13 Jan 2024 at 06:52hrs | 10 | by Staff reporter
Countries dependent on external inputs are colonised
COUNTRIES whose environments are not ideal for food production, but have resources like minerals and oil can afford to use those resources to import food and living a healthy life. Such countries are ...Published: 10 Jan 2024 at 05:44hrs | 12 | by Charles Dhewa
Bulawayo City Council moots 5 days water shedding schedule?
THE Bulawayo City Council (BCC) is planning to introduce a new water-shedding schedule, which will see residents going for 120 hours without water with Government yesterday assuring residents that it ...Published: 07 Dec 2023 at 05:28hrs | 9 | by Staff reporter
Zimbabweans welcome another ZEP permit's life line
ZIMBABWEANS working and living in South Africa on the strength of a special three years' permit have welcomed its extension by the host government for another two years.South Africa's Home Aff...Published: 01 Dec 2023 at 18:25hrs | 11 | by Staff reporter
Innovative Ventures: Investing in Startups and High-Yield Bonds
High-risk investments often bear a striking resemblance to the world of casinos—a realm filled with the allure of great rewards and the ever-present risk of substantial losses. In this article, we'l...Published: 27 Nov 2023 at 12:32hrs | 17 | by Staff Reporter
Zimbabwean named co-chair of UN's AI Advisory Body for Global Governance
ZIMBABWEAN tech genius James Manyika, Senior Vice-President of Google, has scored big again after being appointed on the UN Secretary-General's Artificial Intelligence Advisory Body on risks, opportun...Published: 06 Nov 2023 at 05:21hrs | 9 | by Staff reporter
Air Zimbabwe 'dead as a dodo'
TECHNICALLY-INSOLVENT Air Zimbabwe has accumulated losses of US$407,84 million, while total liabilities have exceeded assets by US$380,22 million, further casting significant doubt on the airline's ab...Published: 29 Oct 2023 at 12:36hrs | | by Staff reporter
Zimbabwe fuel most expensive in Sadc
According to the latest report by the social justice watchdog, Zimbabwe Coalition on Debt and Development (Zimcodd), fuel prices in Zimbabwe are among the highest in the Southern African Development C...Published: 12 Oct 2023 at 06:41hrs | 1 | by Staff reporter
RBZ increases US$ reserves thresholds to 15% to encourage Zimdollar usage
The Reserve Bank of Zimbabwe's Monetary Policy Committee (MPC) has increased the US$ Statutory reserve requirement to 15%, a move that experts suggest aims to encourage the use of the ZWL (Zimbabwean ...Published: 29 Sep 2023 at 06:34hrs | 1 | by Staff reporter
Is Forex Trading Halal or Haram? A Comprehensive Analysis
Forex trading, or the act of exchanging currencies on the foreign exchange market, is a topic of debate in various circles, particularly among Muslims who seek to ensure that their trading activities ...Published: 24 Sep 2023 at 18:39hrs | 24 | by Staff Reporter
France backed Ali Bongo overthrown by the military
A group of senior military officers has gone on national television in Gabon saying they have seized power because elections held over the weekend were not credible.The officers, appearing on ...Published: 30 Aug 2023 at 07:41hrs | | by Staff reporter
Another sham election
As we go the wire and reach the high political pitch, it is now crystal clear that the main political menu is between Emmerson Mnangagwa and Nelson Chamisa and not even political savvy voter will mosa...Published: 23 Aug 2023 at 16:23hrs | 8 | by Leonard Koni
ZEC unfit to run free, fair elections - Study
A NEW study on Zimbabwe's electoral politics, processes and institutions has found that the Zimbabwe Electoral Commission (Zec) is deeply distrusted by voters, hence cannot be trusted to preside over ...Published: 01 Aug 2023 at 21:13hrs | 13 | by Staff reporter
Mining sector grows about 10%
The Zimbabwe Coalition on Debt and Development has said the latest ZimStat statistics show that the mining sector grew by 10.5% in 2022, up from 5.9% in 2...Published: 25 Jul 2023 at 17:13hrs | 12 | by Stephen Jakes
Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023
Zimbabwe Coalition on Debt and Development has said Zimbabwe experienced a significant increase in macroeconomic fluctuations in June 2023, with the local currency losing over 55% of its value in both...Published: 25 Jul 2023 at 12:42hrs | 14 | by Stephen Jakes
Lobels Biscuits' COO acquitted of rape charges
IN a stunning turn of events, Andrew Dinhidza, the chief operations officer (COO) of Lobels Biscuits Company in Bulawayo, has emerged as a free man after facing a harrowing ordeal. Accused of 10 count...Published: 08 Jul 2023 at 08:24hrs | 9 | by Staff reporter
Shaka Zulu is back in pop culture
SHAKA kaSenzangakhona is universally recognised as the founder of what would become known as the "Zulu nation".He ruled from about 1817 until he was assassinated by his half-brothers in 1828....Published: 17 Jun 2023 at 08:09hrs | | by Staff reporter
Zimdollar on the verge of complete rejection
THE Zimbabwe dollar, which was reintroduced by the Reserve Bank of Zimbabwe (RBZ) in 2019, is on the verge of collapse and complete market rejection.The local unit is incessantly plummeting ag...Published: 16 Jun 2023 at 07:54hrs | 1 | by Zimbabwe Coalition on Debt and Development
Zimdollar takes a heavy knock on RBZ Auction
THE Zimdollar tumbled by 43% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction market effectively closing the parallel market gap which had become a source for market arbitrage in recent ...Published: 06 Jun 2023 at 17:58hrs | 1 | by Staff reporter
Massive turnout in Zanu-PF primaries
VOTERS yesterday turned out in huge numbers, as Zanu-PF held its primary elections in eight provinces across the country, prompting the party leadership to extend voting to today in some areas....Published: 26 Mar 2023 at 10:00hrs | | by Staff reporter
'Power cuts to wipe out US$4bn'
ROLLING blackouts, which have deepened in the past few months, could cost the economy close to US$5 billion this year, industrialists told the Zimbabwe Independent.They said many companies had...Published: 03 Mar 2023 at 18:23hrs | 1 | by Staff reporter
SA faces largest exodus of Zimbabweans
A country which was once looked at as a place of refuge and possible safe haven for Zimbabwean nationals, is gearing up for what is expected to be one of the largest exoduses of Zimbabweans this year....Published: 10 Feb 2023 at 05:42hrs | | by Staff reporter
Mnangagwa to headline CEO Africa Annual Roundtable
PRESIDENT Mnangagwa is set to headline the CEO Africa Annual Roundtable 2022 to be held in Victoria Falls from 2 to 5 November. The event is being hosted by the CEO Africa Roundtable, a high-l...Published: 09 Oct 2022 at 07:54hrs | | by Staff reporter
Come help fix Zimbabwe
Political violence, an appalling assault on human rights and a collapsing economy have forced thousands of Zimbabweans to try and make a living elsewhere in the world. This outward migration has been ...Published: 10 Sep 2022 at 19:51hrs | | by Staff reporter
Dembare striker set for SA trial
BUSTLING striker Tinashe Makanda is set to become the latest Dynamos player to try his luck across the borders after he was invited for assessment by an unnamed South African side.Makanda, who...Published: 23 Jun 2022 at 06:43hrs | 1 | by Staff reporter
Mnangagwa sounds death knell on armed robbers and ritual murderers
PRESIDENT Mnangagwa yesterday sounded the death knell on armed robbers and ritual murderers, calling on law enforcement agents to decisively deal with the violent criminals.Speaking at the bur...Published: 03 Jun 2022 at 07:44hrs | | by Staff reporter
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