Search / Zimbabwean economy
Govt re-advertises tender for Old Gwanda Road supervision
The Government of Zimbabwe, through the Ministry of Transport and Infrastructure Development, has re-advertised a tender to engage a consultancy firm to supervise the construction of the Old Gwanda Ro...Published: 03 Jul 2025 at 12:39hrs | 322 | by Staff reporter
Zimbabwe makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 269 | by Staff reporter
Zimbabwe excluded from €500 million EU aid package
Zimbabwe has been excluded from a new €500 million aid package from the European Union (EU) to Africa, following the recent enactment of the controversial Private Voluntary Organisation (PVO) Amendm...Published: 22 May 2025 at 11:28hrs | 371 | by Staff reporter
EU-Zimbabwe Business Forum kicks off in Harare
The inaugural EU-Zimbabwe Business Forum kicked off in Harare on Tuesday, marking a significant step toward revitalising and strengthening trade and investment relations between Zimbabwe and the Europ...Published: 21 May 2025 at 13:22hrs | 112 | by Staff reporter
Chiwenga urges private sector to drive Zimbabwe's industrial revival
Vice President Dr Constantino Chiwenga has underscored the indispensable role of the private sector in spearheading Zimbabwe's industrial transformation, calling for deeper collaboration between gover...Published: 24 Apr 2025 at 07:12hrs | 179 | by Staff reporter
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 777 | by Staff reporter
Who is winning, Mnangagwa or Chiwenga?
The fired commander of Zimbabwe's National Army (ground forces), Lieutenant-General Anselem Nhamo Sanyatwe, has taken an oath of office as Zimbabwe's new Sport, Recreation, Arts and Culture Minister....Published: 28 Mar 2025 at 11:56hrs | 3892 | by Hopewell Chin'ono
War veterans plot Zimbabwe-wide protests against Mnangagwa
War veterans, along with other discontented citizens, are set to stage a nationwide protest this Thursday in response to Zimbabwe's worsening economic situation.Earlier this month, the former ...Published: 17 Mar 2025 at 10:52hrs | 1360 | by Staff reporter
Politics collapsed Zimbabwean economy
The Political atmosphere in Zimbabwe is changing dramatically almost every few years since the forced departure of the brutal, long serving late nonagenarian.The current scenes are synonyms wi...Published: 13 Mar 2025 at 16:13hrs | 430 | by Sithembiso Hadebe - Political activist
India charms Zim SMEs, collaboration bears fruits
Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show h...Published: 13 Mar 2025 at 16:10hrs | 205 | by Gideon Madzikatidze/Simbarashe Sithole
Bloodthirsty demon of war currently in Eastern DRC will visit Zimbabwe
The bloodthirsty demon of war and destruction currently operating in DRC will proceed to Zimbabwe on invitation by the Shona supremacist government of Zimbabwe. The unresolved issue of Matabel...Published: 19 Feb 2025 at 21:12hrs | 1785 | by Israel Dube
Foreign investment interest in Zimbabwe remains strong
Foreign investor interest in Zimbabwe continues to grow, with 200 investment licences issued in the fourth quarter of 2024, according to the latest report by the Zimbabwe Investment Development Agency...Published: 24 Jan 2025 at 07:24hrs | 76 | by Staff reporter
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2088 | by Staff reporter
Zimbabwe's 'pizza budget' proves economy on the verge of collapse
Zimbabwe's 'pizza budget,' presented two days ago by Finance Minister Professor Mthuli Ncube as the 2025 National Budget Proposal, is a stark illustration of an economy on the verge of collapse. ...Published: 30 Nov 2024 at 19:01hrs | 555 | by Tendai Ruben Mbofana
Mphoko points to legal disputes as why Choppies is exiting Zimbabwe
Choppies Enterprises Limited has revealed plans to cease its operations in Zimbabwe, citing increased competition from the informal sector among other challenges. However, former Vice President Phelek...Published: 30 Nov 2024 at 15:42hrs | 2927 | by Staff reporter
Zimbabweans are educated for nothing: A nation of intellectuals with no voice
Zimbabwe is a country blessed with a wealth of intellectual capital.Its people are among the most educated in Africa, with a strong tradition of academic excellence, particularly in fields lik...Published: 08 Nov 2024 at 14:26hrs | 36060 | by Tendai Ruben Mbofana
Weak currency key to economic growth, says Mthuli Ncube
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has defended Zimbabwe's weak domestic currency, asserting that it has played a crucial role in fostering economic growth. S...Published: 31 Oct 2024 at 06:52hrs | 647 | by Staff reporter
Economy registers three-year growth, says Prof Ncube
Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Inv...Published: 31 Oct 2024 at 06:48hrs | 90 | by Staff reporter
Zimbabwe sees US$16.3 billion in diaspora remittances over a decade
Zimbabwe has experienced a significant influx of diaspora remittances, totaling US$16.3 billion over the past ten years, as more Zimbabweans living abroad send money back home to support their familie...Published: 28 Oct 2024 at 07:05hrs | 402 | by Staff reporter
No to third term of office for President Mnangagwa: Mudenda
Former Mthwakazi Republic Party National Executive Council Chairman Mudenda Chilumbo has criticized the Zanu PF faction that is rallying for President Emmerson Mnangagwa to rule beyond 2028, stating t...Published: 23 Oct 2024 at 20:03hrs | 1893 | by Stephen Jakes
Zimbabweans slam US Embassy for downplaying impact of sanctions
Zimbabweans and international supporters have expressed outrage over the US Embassy's recent claims regarding the effects of sanctions on the country, demanding that the "illegal coercive measures" be...Published: 21 Oct 2024 at 14:16hrs | 584 | by Staff reporter
Dairibord has no plans to exit Zimbabwe
Dairibord Holdings has firmly dismissed recent online reports suggesting that the company is planning to shut down its operations in Zimbabwe and relocate to South Africa. The group has reaffirmed its...Published: 09 Oct 2024 at 07:36hrs | 307 | by Staff reporter
ZiG's false promise: Debunking the gold-backed myth
Some of us said it from day one, but we were accused of being 'prophets of doom'.When the Zimbabwe authorities declared war on illegal money changers, ostensibly, in order to 'defend' the stab...Published: 07 Oct 2024 at 16:36hrs | 1418 | by Tendai Ruben Mbofana
Mnangagwa's SONA lacks solutions
President Emmerson Mnangagwa's recent State of the Nation Address (Sona) has faced sharp criticism for failing to address Zimbabwe's pressing crises, leaving many feeling uninspired and disillusioned....Published: 04 Oct 2024 at 08:48hrs | 304 | by Staff reporter
Tourism promotes Zim economy, regional and global peace
Tourism clusterisation has the potential to boost Zimbabwean economy by the year 2025 whilst concurrently complementing regional and global peace, Minister Barbara Rwodzi has said during the occasion ...Published: 29 Sep 2024 at 14:47hrs | 195 | by Gideon Madzikatidze
Steve Hanke celebrates the demise of Zimbabwe's ZiG
US-based economist and currency expert Steve Hanke has issued a stark warning about Zimbabwe's economic situation, claiming that the country's inflation rate has reached a staggering 880% per year, de...Published: 27 Sep 2024 at 08:28hrs | 21560 | by Staff reporter
Nyasha Magadhi: A Trailblazer in Zimbabwe's Mining Industry
Born: May 29, 2000 Occupation: Mining Entrepreneur, Consultant, Youth Advocate Founder: WeMine Zimbabwe, Ore Min...Published: 26 Sep 2024 at 17:09hrs | 1718 | by Simbarashe Sithole
Rutendo Matinyarare jailed in South Africa
Zanu PF activist Benson Rutendo Manyarare has been convicted of contempt of court and jailed for three months by a court in Johannesburg, South Africa.The sentence was wholly suspended on cond...Published: 16 Jul 2024 at 20:54hrs | 2567 | by Staff reporter
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 65 | by Nick Mangwana
Debunking mischief about Tagwirei, Sakunda
There has been a sustained casting of aspersions over the success of businessman Mr Kudakwashe Tagwirei, whom I will simply call Kuda, from anti-Zimbabwe media and activists both locally and outside t...Published: 10 Jul 2024 at 16:49hrs | 20 | by Rutendo Bereza Matinyarare
Drawing parallels between Kenya and Zimbabwe's social, economic, and political disturbances
We want to believe that the demonstrations in Kenya just happened overnight. The Gene Zs went on a rampage assisted by criminals. To framing them so thin, is to trivialize a genuine revolution that wa...Published: 07 Jul 2024 at 23:08hrs | 47 | by Nomazulu Thata
Matinyarare in big trouble
Zanu-PF activist Rutendo Benson Matinyarare has been accused of perjury by his former lawyer after he told the Gauteng High Court in South Africa that he was unaware of a gag order issued against him ...Published: 01 Jul 2024 at 16:02hrs | 27 | by Staff reporter
Zimbabwe economy stabilising after ZiG introduction
The Zimbabwean economy has shown relative stability in recent months following the Reserve Bank Governor's Monetary Policy statement on April 5, 2024, and the transition from the Zimbabwe Dollar to Zi...Published: 20 Jun 2024 at 07:14hrs | 16 | by Staff reporter
Mnangagwa should resign immediately as Zimbabwe President
It is appalling that the president of Zimbabwe has failed and Zimbabwe is going to take ages to come back from its knees. Does the young generation have hope in Zimbabwe or they think of migrating....Published: 03 Jun 2024 at 12:11hrs | 43 | by Noma Mpofu
The journey of real estate investment trusts in Zimbabwe
In the dynamic and ever-evolving landscape of Zimbabwe's financial markets, real estate investment trusts (REITs) stand as formidable instruments for both capital growth and market participation....Published: 19 May 2024 at 15:39hrs | 51 | by Dr Bekithemba Mpofu
GMAZ endorses ZiG currency...boosts market sentiment
The Grain Millers Association of Zimbabwe (GMAZ) has become the first business organization to fully embrace and support the newly launched ZiG (Zimbabwe Gold) currency. This development has instilled...Published: 11 Apr 2024 at 12:04hrs | 4 | by Mandla Ndlovu
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 | 3 | by Staff reporter
Zimbabwe campaign for foreign direct investment intensifies
IN a strategic move meant to bolster the country's economic landscape, the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, is set to spearhead a series of F...Published: 07 Apr 2024 at 10:05hrs | | by Staff reporter
ZANU PF has dismally failed
The Zanu PF government continues to fail the majority of the people. All hope is now lost. The majority of people who are now finding it hard to eke out a living and put food on their tables. We shoul...Published: 04 Apr 2024 at 15:40hrs | 3 | by Leonard Koni
'Zimbabwe wants to bolster relations with Russia despite US pressure'
The United States is putting pressure on Zimbabwe to persuade the authorities of the southern African country to abandon co-operation with Russia, but Harare is determined to increase interaction with...Published: 25 Mar 2024 at 05:28hrs | 1 | by Staff reporter
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 9 | by Nomazulu Thata
Unilateral sanctions are not illegal!
IT was so laughable listening to Information minister Jenfan Muswere fuming over US targeted sanctions on some Zimbabweans.I could easily tell that he was trying his best to please his boss, P...Published: 12 Mar 2024 at 05:14hrs | 3 | by Tendai Ruben Mbofana
Mnangagwa regime doing the work of US sanctions in Zimbabwe!
My own views on this sanctions issue have always been that we needed to prove these measures were the cause of our suffering. I have never denied that there have been targeted sanctions impose...Published: 06 Mar 2024 at 23:01hrs | 6 | by Tendai Ruben Mbofana
'Zimbabwe cement manufacturers exceeding local demand'
AFTER years of subdued production, local cement manufacturers are now exceeding local demand, Cabinet has revealed.Some 2.6 million tonnes of cement are now being locally produced against a de...Published: 06 Mar 2024 at 04:42hrs | 8 | by Staff reporter
Seized Russian fertiliser consignment finally arrives
ABOUT 10 000 tonnes of fertiliser, which are part of the 26 000-tonne consignment from Uralchem Group, a leading Russian agrochemical producer, have arrived in Zimbabwe.Uralchem pledged close ...Published: 25 Feb 2024 at 07:11hrs | 2 | by Staff reporter
Petition for Uebert Angel's arrest
Zimbabwe's ambassador-at-large, Uebert Madzanire, alias Uebert Angel, after he was implicated in an alleged money laundering and gold smuggling scam by international news channel, Al JazeeraOV...Published: 24 Feb 2024 at 07:37hrs | 11 | by Staff reporter
IMF trashes Zimbabwe inflation statistics
Government last year directed the Zimbabwe National Statistics Agency (Zimstat) to stop publishing local currency indexed inflation and switch to the blended rate, which it said was ideal as the count...Published: 16 Feb 2024 at 15:22hrs | 1 | by Staff reporter
Zimbabwe civil servants push for urgent meeting
THE Zimbabwe Confederation of Public Sector Trade Unions (ZCPSTU) has pleaded with Public Service minister July Moyo to convene an urgent National Joint Negotiating Council (NJNC) meeting to address c...Published: 15 Feb 2024 at 10:07hrs | 3 | by Staff reporter
Zimbabwe gets more free fertilizer from Russia
A ship carrying 23,000 metric tons of fertilizers has reached and fully offloaded at the port city of Beira in Mozambique, Uralchem Group's press service reported on Monday.The fertilizers wil...Published: 12 Feb 2024 at 15:39hrs | 3 | by Staff reporter
CBZ opens Johannesburg office
CBZ Bank Limited, a wholly-owned subsidiary of the diversified and listed financial services group CBZ Holdings (CBZH), has opened a new office in Sandton, Johannesburg, South Africa.CBZH prov...Published: 12 Feb 2024 at 13:53hrs | 24 | by Staff reporter
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