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'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: 3 hrs ago | 134 | by Staff reporter
Bulawayo launches city-wide tourism data collection drive
The City of Bulawayo has launched a comprehensive city-wide data collection initiative aimed at transforming the local tourism and hospitality sector into a competitive and sustainable economic ...Published: 5 hrs ago | 27 | by Staff reporter
South Africa 2024 election rigging hearing this week
The South African Electoral Court in Bloemfontein will hear the Umkhonto we Sizwe (MK) party case against the Independent Electoral Commission (IEC) and others on June 3, 2025.This landmark ca...Published: 01 Jun 2025 at 20:32hrs | 302 | by Staff reporter
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 51 | by Staff reporter
ZiG inflation rises to 92%
Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing t...Published: 31 May 2025 at 14:04hrs | 1037 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 30 May 2025 at 12:13hrs | 65534 | by Staff reporter
African Sun asset stripping continues
Hospitality giant African Sun Limited (ASL) has announced plans to sell its iconic Caribbea Bay Resort in Kariba, marking the latest move in the company's continued disposal of non-core assets....Published: 29 May 2025 at 13:36hrs | 667 | by Staff reporter
Matebeleland tops HIV prevalence in Zimbabwe?
Matebeleland North Province has been identified as having the second-highest HIV prevalence rate in Zimbabwe at 14.4 percent, trailing only behind Matebeleland South, which leads with 17.3 percent. Th...Published: 29 May 2025 at 10:16hrs | 141 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 397 | by Jacob Kudzayi Mutisi
Gukurahundi awareness campaigns set for this week
Traditional leaders in Matabeleland North and South provinces will begin receiving logistical support, including fuel allocations, starting Monday as they prepare to launch a week-long public awarenes...Published: 18 May 2025 at 11:49hrs | 162 | by Staff reporter
Sex workers in PrEp dilemma
Sex workers operating near the Forbes Border Post in Mutare are grappling with a dire crisis following the withdrawal of USAID-funded organizations that previously supplied them with critical HIV prev...Published: 17 May 2025 at 12:13hrs | 173 | 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 | 659 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 203 | by Staff reporter
Moses Mpofu faces bail ruling on new fraud charges
Jailed businessman Moses Mpofu is expected to return to court today for a ruling on his bail application concerning new fraud charges. Mpofu, along with his wife Nobukhosi and his brother Vusumuzi Jam...Published: 13 May 2025 at 10:12hrs | 237 | by Staff reporter
Fresh capital discussions delay Beta Bricks restart
The long-awaited reopening of BETA Bricks has been delayed due to unresolved negotiations with three potential investors who were expected to inject capital into the company. Initially scheduled for t...Published: 13 May 2025 at 10:07hrs | 161 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Dubious full-body scanners return on the market
Despite repeated warnings from health authorities and law enforcement, unlicensed full-body scan operators continue to spread across Zimbabwe, duping unsuspecting residents with questionable diagnoses...Published: 11 May 2025 at 12:31hrs | 330 | by Staff reporter
180 graduate at Khumalo Barracks in Bulawayo
A total of 180 military personnel graduated yesterday from the Zimbabwe National Army's (ZNA) Ordnance and Transport Training School (OTTS), located at Headquarters One Infantry Brigade (Khumalo Barra...Published: 10 May 2025 at 16:03hrs | 1386 | by Staff reporter
Zimbabwe mines ministry steps up EPOs review
The Ministry of Mines and Mining Development is intensifying its review of Exclusive Prospecting Orders (EPOs) as part of a broader effort to eliminate speculative land holding and unlock Zimbabwe's v...Published: 09 May 2025 at 11:01hrs | 140 | by Staff reporter
John Pocock and Company celebrate 70 years of service in Bulawayo
From humble beginnings in a single-room office to becoming one of Bulawayo's most trusted names in real estate, John Pocock and Company is celebrating a remarkable 70-year milestone in 2025 - a testam...Published: 09 May 2025 at 11:01hrs | 215 | by Staff reporter
SECZim seeks to bolster financial sector integrity
The Securities and Exchange Commission of Zimbabwe (SECZim) recently held a two-day workshop in Mutare focused on Anti-Money Laundering, Combating the Financing of Terrorism, and Proliferation Financi...Published: 08 May 2025 at 16:07hrs | 107 | 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 | 2402 | by Roland Mpofu I iol
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 300 | by Staff reporter
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 37 | by Staff reporter
Zimbabwe govt sets minimum standards for councils
Zimbabwe's local authorities are now legally bound to provide residents with essential services that meet newly approved national minimum standards. This development follows Cabinet's adoption of the ...Published: 07 May 2025 at 15:51hrs | 362 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 175 | by Staff reporter
Zimbabwe Agricultural Show begins preparations for 2025 agric show
The Zimbabwe Agricultural Society (ZAS) has commenced preparations for the 115th edition of the Zimbabwe Agricultural Show, with this year's event set to run from August 25 to 30 under the theme "Buil...Published: 07 May 2025 at 09:35hrs | 74 | by Staff reporter
Zimbabwe war vets launch impeachment drive
A major political storm is sweeping through Zimbabwe's corridors of power as a group of war veterans led by outspoken activist Blessed Geza has initiated an impeachment campaign targeting senior gover...Published: 06 May 2025 at 12:15hrs | 4535 | by Staff reporter
Rental income dominates First Mutual Properties revenue
First Mutual Properties (FMP) says rental income remains its primary source of revenue, with the property investment firm intensifying efforts to diversify both its tenant base and portfolio to streng...Published: 05 May 2025 at 15:56hrs | 87 | by Staff reporter
Why community engagement and dialogue are key for Zimbabwe's development
Communities are the backbone of any country.I was recently privileged to moderate the Multi-Stakeholders Dialogue on Bridging Community Solutions and National Policy - organized by the Institu...Published: 03 May 2025 at 11:45hrs | 153 | by Tendai Ruben Mbofana
Tender process for Victoria Falls road rehab still underway?
The Ministry of Transport and Infrastructural Development has confirmed that the tendering process for the Victoria Falls road rehabilitation project is still ongoing, following the retraction of an i...Published: 02 May 2025 at 07:57hrs | 168 | by Staff reporter
FAO supports Zimbabwe's 2030 vision
The United Nations' Food and Agriculture Organisation (FAO) is spearheading efforts to transform Zimbabwe's agricultural sector with a bold vision aimed at ensuring food security and economic resilien...Published: 01 May 2025 at 08:48hrs | 399 | by Staff reporter
Bulawayo-Vic Falls road rehabilitation corruption in tender awards exposed
The Ministry of Transport and Infrastructural Development has backtracked on its earlier claim that contractors are already on site to begin rehabilitation of the dilapidated Bulawayo-Victoria Falls R...Published: 30 Apr 2025 at 16:42hrs | 3243 | by Staff reporter
ZITF Company seeks partners for US$12m smart city project
The Zimbabwe International Trade Fair (ZITF) Company has announced a call for Expressions of Interest (EOIs) from qualified local and international firms to take part in the development of significant...Published: 28 Apr 2025 at 12:28hrs | 122 | by Staff reporter
Poor remuneration of academic staff at state universities a national crisis
THE poor remuneration and deplorable conditions of service for academic staff at Zimbabwe's state universities, which has led to the highly publicised indefinite strike by the teaching staff at the Un...Published: 26 Apr 2025 at 10:14hrs | 739 | by Prof Jonathan Moyo
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 | 116 | by Staff Reporter
Mutapa clarifies Kuvimba's US$1,9 billion acquisition
The Government of Zimbabwe has provided clarity on the funding structure used for its acquisition of a 35 percent stake in Kuvimba Mining House (KHM), the country's largest mining asset, by the Mutapa...Published: 25 Apr 2025 at 07:40hrs | 379 | by Staff reporter
MPs demand answers on Mnangagwa cash schemes
Lawmakers have called for a ministerial statement from Finance Minister Mthuli Ncube regarding the funding sources and the criteria used for selecting beneficiaries of various presidential support sch...Published: 21 Apr 2025 at 09:07hrs | 2045 | by Staff reporter
Baby swap scandal at United Bulawayo Hospitals demands urgent action
The shocking allegations of a baby swap that reportedly occurred on October 10, 2024, at United Bulawayo Hospitals (UBH) have rightfully sparked outrage and unease across the country. The very idea th...Published: 20 Apr 2025 at 19:18hrs | 490 | by Staff reporter
Belarus to establish bus and tractor assembly plant in Zimbabwe
Belarus is set to establish a bus and tractor assembly plant in Zimbabwe by December 2025, further cementing the growing ties between the two nations. This announcement was made by Mr Pearson Chigiji,...Published: 16 Apr 2025 at 23:18hrs | 162 | by Staff reporter
Mnangagwa swears in 2 new ministers
President Emmerson Mnangagwa yesterday swore in two newly-appointed ministers at State House in Harare, who immediately pledged their commitment to fulfilling the national Vision 2030 agenda of creati...Published: 16 Apr 2025 at 23:13hrs | 234 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
Zimpapers faces US$13 million scandal amid Audit revelations
A shocking internal audit at Zimbabwe Newspapers (1980) Ltd (Zimpapers), the country's largest and oldest media conglomerate, has uncovered a potential US$13 million misappropriation of funds, raising...Published: 14 Apr 2025 at 12:57hrs | 1788 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 635 | 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
Zimbabwe farmers displaced by new city compensated
The Zimbabwean Government has initiated the compensation process for over 300 farmers whose land was repossessed for the development of the new city in Mt Hampden, with five farmers already receiving ...Published: 06 Apr 2025 at 11:33hrs | 1005 | by Staff reporter
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 373 | by Staff reporter
Potraz dismisses allegations of irregular ISP Licence award as 'baseless'
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has dismissed allegations of irregularities in awarding an Internet Service Provider (ISP) licence to IMC Communications, ca...Published: 02 Apr 2025 at 15:45hrs | 103 | by Staff reporter
US$400,000 tender lands ex-Harare officials in court
TWO former senior City of Harare officials were yesterday arraigned before the court to answer to a criminal abuse of office charge involving a fraudulent US$465 290 tender award for the Mbare Biogas ...Published: 02 Apr 2025 at 08:56hrs | 149 | by Staff reporter
Zinara leadership earns top honors
The ongoing restructuring at the Zimbabwe National Road Administration (Zinara) is proving successful, with key officials receiving top accolades for turning around the once embattled parastatal....Published: 25 Mar 2025 at 11:52hrs | 238 | by Staff reporter
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