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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 | 120 | by Staff reporter
Zimbabwe to boost steel, coal exports to DRC amid growing demand
Zimbabwe should capitalise on its expanding steel and coal industries to increase exports to the Democratic Republic of Congo (DRC), where demand for these commodities is rapidly growing, Mines and Mi...Published: 13 Jun 2025 at 06:29hrs | 807 | by Staff reporter
Bulawayo-Victoria Falls Road rehab begins without official tender winners
Preparations for the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road are now at an advanced stage, with detours under construction to maintain traffic flow during the works.The...Published: 09 Jun 2025 at 08:37hrs | 349 | by Staff reporter
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 432 | by Staff reporter
EU scraps duty on Zimbabwe exports
In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...Published: 28 Apr 2025 at 12:12hrs | 317 | by Staff reporter
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 141 | by Staff reporter
Colonial master pledges stronger trade and investment ties with its colony
The United Kingdom has reaffirmed its commitment to strengthening relations with Zimbabwe, placing a particular focus on boosting trade and investment between the two countries. This was revealed by B...Published: 24 Apr 2025 at 07:16hrs | 73 | by Staff reporter
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 20 Nov 2024 at 21:09hrs | 236 | by Agencies
'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 199 | by Staff reporter
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3825 | by Staff reporter
Mnangagwa lauds exports surge
President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisati...Published: 18 Oct 2024 at 08:39hrs | 69 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 114 | by Staff reporter
Zimbabwe struggles to capitalize on EU trade opportunities
Zimbabwe has yet to fully exploit significant export opportunities within the European Union (EU) under a duty-free agreement, despite the EU's vast market, which boasts a US$19 trillion gross domesti...Published: 20 Sep 2024 at 09:37hrs | 356 | 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 | 158 | by Staff reporter
Zimbabwean exporters granted duty-free access to UK markets
Zimbabwean exporters have been encouraged to explore new markets and boost exports through the United Kingdom's Eastern and Southern Africa Economic Partnership Agreement (UK ESA EPA), which offers si...Published: 16 Sep 2024 at 13:36hrs | 485 | by Staff reporter
American Chamber of Commerce appoints Dudu Shinya as Executive Director
The American Chamber of Commerce in Zimbabwe (AmCham Zimbabwe) has announced the appointment of Duduzile Shinya as its new Executive Director. Duduzile is a Fellow Chartered Accountant of Zimb...Published: 12 Jun 2024 at 20:18hrs | 57 | by Staff reporter
Starlink has not applied for operating licence in Zimbabwe
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) said internet service provider Starlink has not applied for an operating licence, amid allegations that the government intends t...Published: 26 Feb 2024 at 04:53hrs | 3 | by Staff reporter
Buy Zimbabwe lauds duty return on essential goods
Buy Zimbabwe has welcomed the Government's recent decision to reinstate import duties on essential goods as a positive development that will create a more level playing field for domestically produced...Published: 07 Feb 2024 at 04:40hrs | 2 | by Staff reporter
Buy Zimbabwe welcomes positive move on imports
BUY Zimbabwe has said the Government's recent decision to reinstate import duties on basic commodities was a progressive development that will contribute to a fairer competitive landscape for domestic...Published: 06 Feb 2024 at 17:49hrs | 1 | by Staff reporter
US Embassy's revelation exposes decades of economic sabotage in Zimbabwe
In a declaration that has rekindled fervent discourse, the United States Embassy proclaimed Zimbabwe's potential as a burgeoning economic powerhouse within Southern Africa, a revelation reigniting the...Published: 12 Jan 2024 at 05:26hrs | 2 | by Staff reporter
Zimbabwe govt tightens screws on tenders
CORRUPTION in the awarding of tenders will now be a thing of the past following the launch of the Electronic-Government Procurement (e-GP) system by President Mnangagwa yesterday.The Electroni...Published: 24 Oct 2023 at 05:58hrs | 6 | by Staff reporter
Stanbic Bank Zimbabwe launches China export guide for local business
Stanbic Bank Zimbabwe on Friday launched an export guide for Zimbabwean exporters and business entities seeking to understand and penetrate the Chinese market.The export guide e-book, which gi...Published: 22 Oct 2023 at 14:17hrs | 2 | by Staff reporter
Zimbabwe-listed companies get leeway to report financials in US dollars
Zimbabwean companies listed on the stock exchange are now permitted to present their financial statements in US dollars due to the swift dollarization of the economy. The CEO of the Zimbabwe Stock Exc...Published: 12 Oct 2023 at 18:21hrs | 7 | by Staff reporter
Adam Molai's Pacific Cigarette Company forced into voluntary corporate rescue
Pacific Cigarette Company (PCC), led by local business magnate Adam Molai, has voluntarily initiated corporate rescue proceedings due to a substantial $19 million tax liability. This move comes amid a...Published: 09 Oct 2023 at 16:00hrs | 223 | by Staff reporter
How organisation can prevent cyber attacks
Ninety-five percent of cyber breaches come from only three industries in 2016 - government, retail, and technology. The reason is not necessarily because these industries are less diligent in their pr...Published: 02 Oct 2023 at 07:49hrs | 12 | by Jacob Kudzayi Mutisi
Don't condemn Zimbabwe, we need minerals, says British MP
The United Kingdom's approach to Zimbabwe in the aftermath of its tumultuous elections is facing potential complications, as British lawmakers caution Prime Minister Rishi Sunak's government to exerci...Published: 24 Sep 2023 at 18:49hrs | 1 | by Staff reporter
UK targets Zimbabwe energy sector
The United Kingdom is actively seeking to enhance trade relations with Zimbabwe and make substantial investments in the country's expansive renewable energy sector. Mr. Andrew Mitchell, the UK's Minis...Published: 22 Sep 2023 at 06:21hrs | 2 | by Staff reporter
Zimbabwe companies edgy ahead of next week's elections
Zimbabwean companies – among them the local unit of South Africa-listed Nampak – are holding their breath as business uncertainty pervades the southern African country ahead of elections next week...Published: 19 Aug 2023 at 16:29hrs | 2 | by Staff reporter
Zimbabwe's new labour and patriotic laws are bad for business and rights to protest
Amendments to Zimbabwe's labour and criminal law codification to include what is popularly known as the Patriotic Act have been described as bad for business and workers' rights to protest under Presi...Published: 18 Jul 2023 at 06:18hrs | 15 | by Staff reporter
Why Mnangagwa failed to improve Zim's economic prospects
IT is now more than five years since President Emmerson Mnangagwa assumed power with a mandate from his backers to improve the country's economic fortunes, the nemesis of his predecessor, Robert Gabri...Published: 29 Jun 2023 at 06:29hrs | 17 | by Martin Majaji
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 17 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
SA chrome tycoon 'pays millions' to Zanu-PF chefs
A FIRM controlled by one of South Africa's richest tycoons suspiciously moved millions of United States dollars to politically connected Zimbabwean companies and powerful individuals, about five years...Published: 29 Apr 2023 at 19:32hrs | 14 | by Staff reporter
Zimbabwean companies descend on the London Stock Exchange
Zimbabwean companies and corporate executives from home and in the diaspora will tomorrow descend on the London Stock Exchange (LSE) - one of the world's biggest bourses in the world with a market cap...Published: 19 Apr 2023 at 20:39hrs | 5 | by Staff reporter
Biden claims immunity from SA courts in Zimbabwe sanctions case
The US Embassy in Pretoria has issued a diplomatic note to SA claiming the Johannesburg High Court lacks jurisdiction over the US in the case brought a year ago by the Zimbabwe Anti-Sanctions Movement...Published: 25 Mar 2023 at 15:59hrs | 3 | by Staff reporter
Sanctions on Zimbabwe are through ZIDERA and augmented by OFAC
ZIMBABWE remains under a punitive regime of economic sanctions that have negatively impacted the movement of funds and trading capabilities in the past two decades, Reserve Bank of Zimbabwe (RBZ) Gove...Published: 08 Mar 2023 at 05:28hrs | 2 | by Staff reporter
Zimbabwe exports in 5,5% jump from a low base
ZIMBABWE'S manufacturers enjoyed rising export demand amid an increase in productivity, a government State of Industry report has indicated.The report suggested that manufactured export goods ...Published: 21 Feb 2023 at 05:53hrs | 2 | by Staff reporter
Preparations for the 63rd edition of the ZITF take shape
PREPARATIONS for the 63rd edition of the Zimbabwe International Trade Fair (ZITF) are gearing up with officials flagging "palpable interest" from both domestic and international participants.Z...Published: 13 Feb 2023 at 05:20hrs | | by Staff reporter
Zimbabwe participates at World Travel Market
ZIMBABWE is participating in this year's edition of the World Travel Market (WTM), the second largest international tourism fair in the world, after the Internationale Tourismus Bourse (ITB - Berlin)....Published: 10 Nov 2022 at 04:53hrs | 1 | by Staff reporter
Zimbabwe joins strategic Commonwealth trade body
Zimbabwe's re-engagement efforts spearheaded by President Mnangagwa continue to bear fruit with the national trade promotion agency, ZimTrade, joining the Commonwealth Enterprise and Investment Counci...Published: 02 Nov 2022 at 05:00hrs | 2 | by Staff reporter
Top US official challenged on Zimbabwe sanctions
A SENIOR United States official recently struggled to provide a comprehensive explanation on factors that influenced their decisions to impose sanctions on poor countries whilst turning a blind eye on...Published: 23 Oct 2022 at 09:22hrs | 1 | by Staff reporter
Zambia bails out starving Zimbabwe
NEIGHBOURING Zambia has come to the rescue of Zimbabwe with 200 000 tonnes (t) of maize to feed millions currently facing hunger in the country, NewsDay has gathered.Plans by Zimbabwe to impor...Published: 07 Oct 2022 at 05:57hrs | 2 | by Staff reporter
Chinese firms to host job fair for Zimbabwean youth
The Chamber of Chinese Enterprises in Zimbabwe in partnership with Stanbic Bank Zimbabwe will host a job fair next month to give local youth the opportunity to find jobs within Chinese firms.D...Published: 27 Sep 2022 at 06:02hrs | 1 | by Staff reporter
Zimbabweans clinch US$113 million property deal in Namibia
ZIMBABWEAN investors, including pension funds, are working on plans to take over a US$113 million (N$1,8 billion) property, The Grove Mall of Namibia, in Windhoek.The deal, which is at an adva...Published: 18 Jun 2022 at 07:27hrs | 3 | by Staff reporter
Fraudsters registering fake domains including for Zimbabwe passports
A fraudster has registered http://zimpassports.online to defraud Zimbabweans who are desperate for the elusive Zimbabwean passport.According to the website https://who.is, whoever registered t...Published: 21 May 2022 at 18:28hrs | 2 | by Jacob Mutisi
ICT & engineers up for board appointments
Finally, it has dawned on Zimbabwean organisations to embrace the roles of Information and Communication Technology (ICT) professionals/Engineers appointing them to Boards and positions of Chief Execu...Published: 04 Apr 2022 at 13:43hrs | 1 | by Jacob Kudzayi Mutisi
US 'demystifies' Zimbabwe sanctions
THE United States says its sanctions are only targeted at a few Zimbabwean companies and individuals who are dabbling in corruption and undermining human rights, emphasising that it is untrue the rest...Published: 19 Mar 2022 at 07:21hrs | 1 | by Staff reporter
Border upgrade creates more than 1 000 jobs
More than 1 000 Zimbabweans have been hired in construction jobs for the new facilities during the ongoing US$300 million modernisation and upgrade of the Beitbridge Border Post due to be finished ear...Published: 17 Mar 2022 at 05:42hrs | 1 | by Staff reporter
Gauteng High Court asking the court to declare US sanctions on Zimbabwe illegal and unconstitutional
The Zimbabwe Anti-Sanctions Movement is asking the court to declare US sanctions illegal and unconstitutional.In a potentially ground-breaking international case, a group called the Zimbabwe A...Published: 15 Mar 2022 at 16:14hrs | 13 | by Staff reporter
Fuel truck driver arrested
A 42-year-old fuel truck driver has been arrested in Chirundu on allegations of offloading nearly 40 000 litres of diesel in Zimbabwe after lying to authorities that it was destined for Zambia....Published: 17 Feb 2022 at 05:34hrs | 1 | by Staff reporter
Mnangagwa suffers yet another diplomatic blow
THE United States government has poured cold water on President Emmerson Mnangagwa (pictured)'s claim that he held a crucial meeting with President Joe Biden last month to discuss ways of removing san...Published: 03 Dec 2021 at 05:17hrs | 10 | by Staff reporter
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