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Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 411 | by Staff reporter
Mthuli Ncube promises major cuts within 2 weeks
Finance and Economic Development Minister Professor Mthuli Ncube has pledged sweeping policy reforms within the next two weeks aimed at boosting the viability of small-scale businesses across Zimbabwe...Published: 27 Jul 2025 at 20:59hrs | 1453 | by Staff reporter
Southern African liberation movement face crisis
Leaders of former liberation movements from Southern Africa, including Zimbabwe's ruling Zanu PF, have convened in Johannesburg for a crucial three-day summit aimed at addressing the existential crisi...Published: 26 Jul 2025 at 15:55hrs | 750 | by Staff reporter
Zimbabwe govt reads riot act over corrupt land subdivisions
Agriculture Deputy Minister Davis Marapira has issued a stern warning to corrupt officials and stakeholders, urging urgent action to protect dairy farmers' land through the finalisation of title deeds...Published: 26 Jul 2025 at 11:20hrs | 86 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 74 | by Staff reporter
Mines and RBZ in crunch talks over forex retention
The Chamber of Mines of Zimbabwe has initiated fresh negotiations with the Reserve Bank of Zimbabwe (RBZ) to review the current foreign currency retention framework, citing growing concerns over worse...Published: 25 Jul 2025 at 14:11hrs | 39 | by Staff reporter
Afreximbank backs Lake Kariba floating solar project
Businessman Eddie Cross's company, Green Hybrid Power Private Limited, has signed a landmark multimillion-dollar funding agreement that will pave the way for the development of a pioneering floating s...Published: 24 Jul 2025 at 09:28hrs | 219 | by Staff reporter
Zimra defends aggressive tax enforcement
Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...Published: 22 Jul 2025 at 09:12hrs | 147 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 468 | by Staff reporter
Zimbabwe's foreign currency reserves surge
Zimbabwe's foreign currency reserves have maintained strong momentum, with the Reserve Bank of Zimbabwe (RBZ) reporting that, by the end of June 2025, the reserve holdings were more than three times h...Published: 10 Jul 2025 at 08:56hrs | 129 | by Staff reporter
Delta slams local sugar producers over poor quality
Delta Corporation Limited has raised alarm over the poor quality of sugar supplied by Zimbabwe's top producers, accusing them of delivering a product that fails to meet global standards required for b...Published: 09 Jul 2025 at 07:50hrs | 275 | by Staff reporter
Ruhanya critiques Chamisa's 'movement' concept
In a thought-provoking analysis sparked by Nelson Chamisa's recent interview on ZiFM with DJ MISSRED, political analyst Dr. Pedzisai Ruhanya has raised serious questions about the viability of Chamisa...Published: 08 Jul 2025 at 10:59hrs | 653 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 121 | by Staff reporter
Egodini Mall project in turmoil
The long-delayed Egodini Mall redevelopment project has hit yet another major stumbling block, with South Africa-based contractor Terracotta Trading (Pvt) Ltd requesting to revise its investment downw...Published: 07 Jul 2025 at 08:46hrs | 672 | by Staff reporter
Zimbabwe govt to settle parastatal debt
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant T...Published: 06 Jul 2025 at 19:47hrs | 1706 | by Staff reporter
Egodini Mall project tarnishes BCC
As delays and controversy continue to dog the long-awaited Egodini Mall and Transport Hub redevelopment project, calls for greater accountability in local governance have reached fever pitch. The stal...Published: 05 Jul 2025 at 10:22hrs | 237 | by Staff reporter
Air Zimbabwe pays $1mn to rejoin GDSs
Air Zimbabwe has settled more than US$1 million in outstanding debts to key international service providers, a development that paves the way for its reintegration into global ticketing and code-shari...Published: 04 Jul 2025 at 12:56hrs | 341 | by Staff reporter
TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 02 Jul 2025 at 09:37hrs | 200 | by Staff reporter
Zesa rebundling begins
Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...Published: 29 Jun 2025 at 11:21hrs | 7448 | by Staff reporter
Auditor General flags deep financial mismanagement at CAAZ
The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...Published: 22 Jun 2025 at 09:05hrs | 115 | by Staff reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 197 | by Staff reporter
BCC forgoes US$14million revenue
The Bulawayo City Council (BCC) has decided to maintain its 2024 commercial non-domestic property tax tariffs for the 2025 financial year, foregoing potential revenue exceeding US$14 million.T...Published: 11 Jun 2025 at 08:31hrs | 252 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
Has democracy failed in Zimbabwe?
This is the million-dollar question we all need to ask ourselves.Democracy, by its very nature, is a noble and necessary concept. It is anchored on the principle that every human ...Published: 05 Jun 2025 at 22:28hrs | 260 | by Tendai Ruben Mbofana
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 | 1949 | by Staff reporter
Zimbabwe to revitalise Community Share Ownership Trusts
The Zimbabwean Government has moved to revitalise Community Share Ownership Trusts (CSOTs), a flagship programme under the country's economic empowerment policy, following Cabinet's approval of new op...Published: 04 Jun 2025 at 13:29hrs | 117 | by Staff reporter
Zimbabwe invests in AI localisation
The deployment and use of Artificial Intelligence (AI) tools across Zimbabwe's sectors should focus on harnessing local innovation to safeguard the country's identity and cultural values, a senior gov...Published: 02 Jun 2025 at 09:06hrs | 181 | by Staff reporter
Air Zimbabwe to sell 2 Boeing passenger planes
Air Zimbabwe has announced plans to sell two Boeing 777-200ER passenger aircraft it acquired from Malaysia a few years ago, as the national carrier continues to battle longstanding financial difficult...Published: 01 Jun 2025 at 15:05hrs | 660 | by Staff reporter
Mnangagwa to launch media and communications policy
President Emmerson Mnangagwa is set to officially launch the Zimbabwe Media and Communications Policy in Harare this Wednesday, marking a key milestone in the country's media sector reforms.Th...Published: 28 May 2025 at 11:01hrs | 119 | by Staff reporter
Seed firms crippled by Zimbabwe govt debt
Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...Published: 22 May 2025 at 11:36hrs | 224 | by Staff reporter
CCC rival faction fights intensify
Political tensions within the Citizens Coalition for Change (CCC) have intensified as rival factions plot a fresh round of recalls targeting opposition legislators. These internal power struggles are ...Published: 18 May 2025 at 11:57hrs | 422 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 153 | by Staff reporter
Zimbabwe's repetitive licensing fees to stop in 6 months
Industry and Commerce Minister, Mangaliso Ndlovu, has pledged that the government's efforts to reduce the burden of repetitive business licenses will come to fruition within the next six months, a mov...Published: 13 May 2025 at 10:32hrs | 10885 | 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 | 169 | by Staff reporter
Tour operator pumps US$2,1 million into aviation project
In a significant boost to Zimbabwe's tourism industry, the Zambezi Helicopter Company (ZHC), part of Shearwater Adventures, has invested over US$2 million in constructing a state-of-the-art aviation f...Published: 06 May 2025 at 08:49hrs | 398 | by Staff reporter
Zimbabwe adapts to use technology in agriculture
Zimbabwe is rapidly transforming its agricultural sector through the adoption of agritech and climate-smart solutions as it works to combat the effects of climate change, improve yields, and reclaim i...Published: 06 May 2025 at 08:40hrs | 170 | by Staff reporter
Huayou Cobalt bets on Arcadia Lithium Mine
Chinese battery manufacturing giant Huayou Cobalt is intensifying its focus on Zimbabwe's Arcadia Lithium Mine, as it pushes forward with a lithium sulfate project aimed at significantly reducing prod...Published: 25 Apr 2025 at 07:23hrs | 87 | by Staff reporter
Young miners secure 300ha of land for chrome washing
The Young Miners Foundation (YMF) has secured 300 hectares of chrome-rich land in Mvurwi, Mashonaland Central province, as part of a structured, youth-led chrome processing initiative aimed at transfo...Published: 24 Apr 2025 at 07:34hrs | 287 | 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 | 2729 | by Staff reporter
Zimbabwe sets ambitious electrification and clean cooking targets
The Zimbabwean government has announced a bold plan to electrify over three million households and achieve 70% clean cooking access by 2030. This ambitious target was unveiled following today's Cabine...Published: 16 Apr 2025 at 23:32hrs | 289 | by Staff reporter
Farmers to claim offals, hides, heads, and hooves at Zimbabwe abattoirs
Livestock farmers will soon be able to reclaim the full value of their animals - including offals, hides, heads and hooves - after slaughter, as Government moves to amend Statutory Instrument (SI) 182...Published: 13 Apr 2025 at 09:41hrs | 1020 | by Staff reporter
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: 05 Apr 2025 at 16:40hrs | 9539 | by Staff reporter
Zimbabwe community radios in financial distress
Community radio stations in Zimbabwe are grappling with a sustainability crisis due to chronic under-funding, weak financial management, and infrastructural shortcomings, the Parliamentary Committee o...Published: 02 Apr 2025 at 08:55hrs | 64 | by Staff reporter
Why There Are No Contender for Zanu PF Leadership Post-Mnangagwa
With a population exceeding 16 million, one might expect a lot of voices vying for political leadership, especially within a historically powerful party like the Zimbabwe African National Union-Patrio...Published: 27 Mar 2025 at 12:10hrs | 703 | by Engineer Jacob Kudzayi Mutisi
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 | 403 | by Staff reporter
Mnangagwa revives canteens at Zimbabwe police stations
The Zimbabwean government has revived canteens at police stations, providing officers with improved meals, including English breakfasts with fried eggs, sausages, and baked beans, as part of efforts t...Published: 17 Mar 2025 at 16:01hrs | 1357 | by Staff reporter
Steady progress in Bulawayo-Nkayi Road rehab
The rehabilitation of the Bulawayo-Nkayi Road has gained momentum, with the contractor working on a 23km stretch from Inyathi Business Centre, affirming the Second Republic's commitment to infrastruct...Published: 12 Mar 2025 at 07:41hrs | 368 | by Staff reporter
Muzarabani natural gas project update
Invictus Energy has announced that the Environmental Management Agency (EMA) of Zimbabwe has approved its Environmental Social Impact Assessment (ESIA) for pilot production activities at the Cabora Ba...Published: 06 Mar 2025 at 15:16hrs | 993 | by Staff reporter
Mnangagwa to launch US$3.6 billion energy industrial park in Beitbridge
President Mnangagwa is expected in Beitbridge today for the ground-breaking ceremony of the Palm River Energy and Metallurgical Special Economic Zone (SEZ), a collaborative project between the Governm...Published: 24 Feb 2025 at 08:48hrs | 461 | by Staff reporter
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 | 432 | by Staff reporter
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