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Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 19 hrs ago | 711 | by Staff reporter
Zimbabwe not among 7 African countries blacklisted by Trump
U.S. President Donald Trump has imposed a sweeping travel ban on citizens from seven African countries, citing threats linked to terrorism, inadequate identity verification, and high levels of visa ov...Published: 20 hrs ago | 800 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 22 hrs ago | 979 | by Staff reporter
Chamisa dismisses claims he is forming new party
Opposition leader Nelson Chamisa has strongly denied swirling social media claims that he is preparing to launch a new political movement at the end of this month, describing the reports as "sponsored...Published: 23 hrs ago | 339 | by Staff reporter
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 23 hrs ago | 67 | 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 | 103 | by Staff reporter
ZNA tells Zimbabweans not to panic over army unit
ZNA Announces Routine Field Training in Harare Suburbs Amid Political SpeculationThe Zimbabwe National Army (ZNA) has confirmed that one of its units is conducting a routine field training exercis...Published: 04 Jun 2025 at 12:37hrs | 3461 | by Staff reporter
Prophet Freddy no-show continues to stall land dispute trial
The long-running legal battle between popular preacher Tapiwa Freddy and property developer Kudakwashe Taruberekera has once again failed to proceed, as Freddy and key witnesses were absent from court...Published: 04 Jun 2025 at 09:48hrs | 433 | by Staff reporter
OK Zimbabwe shuts down Food Lover's Market outlets
Retail giant OK Zimbabwe has announced the closure of its premium Food Lover's Market outlets in Borrowdale and Avondale, a move that underscores the mounting pressure on Zimbabwe's formal retail sect...Published: 04 Jun 2025 at 09:46hrs | 3732 | by Staff reporter
Tobacco exports reach US$381 million
Zimbabwe has earned US$381 million from tobacco exports so far this year, as the country intensifies efforts to increase value addition and beneficiation in its lucrative tobacco sector.Accord...Published: 03 Jun 2025 at 09:27hrs | 81 | by Staff reporter
Khayah Cement delists from Zimbabwe Stock Exchange
The Zimbabwe Stock Exchange (ZSE) has officially announced the voluntary termination of listing for Khayah Cement Limited, effective May 22, 2025, following the company's decision to enter corporate r...Published: 02 Jun 2025 at 16:27hrs | 201 | by Staff reporter
Second group of white Afrikaners arrive in the US
A SMALL small batch of white Afrikaners quietly arrived in the US on Friday, as part of President Donald Trump’s offer to resettle them amidst false claims of white genocide and persecution in South...Published: 02 Jun 2025 at 09:49hrs | 1428 | by Staff reporter
Mutsvangwa's Mugabe coup remark opens can of worms
Observers have criticized Zanu-PF spokesperson Christopher Mutsvangwa for speaking with a "forked tongue" following his recent remarks alleging that the late former President Robert Mugabe was removed...Published: 01 Jun 2025 at 15:19hrs | 1802 | by Staff reporter
Border gridlock as Zimbabwe's new cement tax faces legal challenge
Over 50 haulage trucks loaded with white cement have been stranded at the Chirundu Border Post after the Zimbabwe Revenue Authority (ZIMRA) began enforcing a newly introduced 30 percent surtax on impo...Published: 01 Jun 2025 at 14:12hrs | 115 | by Staff reporter
Trabablas immortalised?
Yesterday, President Emmerson Mnangagwa officially inaugurated the Trabablas Interchange, a flagship US$88 million infrastructure project designed to transform north-south traffic flow in Harare by re...Published: 31 May 2025 at 14:05hrs | 1831 | by Staff reporter
Zimbabwe's platinum output to fall 4% in 2025
Zimbabwe's platinum production is projected to decline by 4% to 491,000 ounces in 2025, falling short of last year's record output, according to a new report from the World Platinum Investment Council...Published: 30 May 2025 at 13:31hrs | 476 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 535 | by Staff reporter
Zimbabwe misses €150 billion conditional funding from EU
Europe and Africa's strategic partnership has entered an exciting new phase, with both continents reaffirming their commitment to deepen economic cooperation and promote global peace. However, Zimbabw...Published: 30 May 2025 at 12:14hrs | 382 | 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 | 71030 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 83 | by Staff reporter
Afreximbank exposes US$2,4 billion hole in Zimbabwe external debt
The African Export-Import Bank (Afreximbank) has revealed a significant US$2.4 billion discrepancy in Zimbabwe's official external debt data, raising fresh concerns over the credibility of the country...Published: 30 May 2025 at 12:09hrs | 199 | by Staff reporter
Zimbabwe-Zambia scramble to revive US$5bn power project
More than three decades after it was first proposed, the Batoka Gorge Hydropower Project is back in the spotlight as Zimbabwe and Zambia renew efforts to revive the long-stalled US$5 billion energy ve...Published: 29 May 2025 at 13:22hrs | 3785 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 329 | by Staff reporter
War veterans battle Mnangagwa in court
The escalating succession battle within the ruling Zanu PF party has now taken a legal twist, as a group of war veterans has dragged President Emmerson Mnangagwa to court over his controversial land t...Published: 28 May 2025 at 11:38hrs | 1148 | by Staff reporter
Mnangagwa ally launches Uber like taxi service in Zimbabwe
In a bold move set to redefine urban mobility in Zimbabwe, Dr. Paul Tungwarara, the Presidential Investment Advisor to the President, has unveiled Tap and Go, a cutting-edge taxi service poised to cha...Published: 28 May 2025 at 11:27hrs | 2301 | by Staff reporter
Trabablas Interchange commissioning on Friday
The state-of-the-art US$88 million Trabablas Interchange is scheduled for official commissioning this Friday, heralding a significant infrastructural milestone under President Emmerson Mnangagwa's adm...Published: 28 May 2025 at 10:57hrs | 396 | 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 | 256 | 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 | 422 | by Jacob Kudzayi Mutisi
Mnangagwa walks tightrope in fresh diplomatic offensive
President Emmerson Mnangagwa's latest diplomatic engagements with Russia and Belarus have reignited debate over Zimbabwe's foreign policy, with experts questioning the efficacy of the country's pivot ...Published: 24 May 2025 at 11:00hrs | 848 | by Staff reporter
Zimra tax audit blitz alarms Zimbabwe business
The Zimbabwe National Chamber of Commerce (ZNCC) has raised concerns over the Zimbabwe Revenue Authority's (Zimra) intensified audit regime, warning that aggressive tax enforcement is placing undue co...Published: 24 May 2025 at 10:59hrs | 231 | by Staff reporter
Chamisa's CCC faction rattled
The official opposition Citizens Coalition for Change (CCC) parliamentary caucus held a formal briefing at Parliament yesterday, attended by 38 Members of Parliament, with 11 others sending apologies,...Published: 22 May 2025 at 14:35hrs | 2795 | 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 | 219 | by Staff reporter
Dodgy Ministers face Mnangagwa's wrath
Government Ministers have come under intense scrutiny for repeatedly snubbing question-and-answer sessions in Parliament, with critics accusing them of evading accountability and undermining the legis...Published: 22 May 2025 at 11:34hrs | 863 | by Staff reporter
EU urges Zimbabwe firms to come up with bankable projects
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...Published: 22 May 2025 at 09:40hrs | 94 | by Staff reporter
France to hand over biotech lab to UZ
Zimbabwe's scientific and academic sectors are poised for a significant leap forward following the official handover of a new biotechnology laboratory to the University of Zimbabwe (UZ) by the French ...Published: 21 May 2025 at 19:53hrs | 172 | by Staff reporter
Geza calls on Chiwenga to 'oust' Mnangagwa?
Zimbabwe's volatile political landscape was rocked on Friday when militant war veterans leader Blessed "Bombshell" Geza delivered his most explosive address to date, directly calling on Vice-President...Published: 20 May 2025 at 12:48hrs | 2859 | by Staff reporter
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1461 | by Staff reporter
Treasury posts ZiG3,46bn surplus in first 4 months
The Treasury has recorded a surplus of ZiG3.46 billion during the first four months of the 2025 fiscal year, driven by disciplined cost containment and punctual debt servicing.While this surpl...Published: 19 May 2025 at 09:27hrs | 206 | by Staff reporter
Zimbabweans set new beer consumption record
Zimbabweans consumed a staggering 2.66 million hectolitres of lager beer in 2024, marking a notable increase from previous years, according to newly released figures from Delta Corporation, the countr...Published: 17 May 2025 at 16:54hrs | 1245 | by Staff reporter
Anti-smuggling blitz bolsters local beverage production
Zimbabwe's aggressive anti-smuggling blitz is beginning to bear fruit, easing pressure on local beverage producers and setting the stage for increased production and market growth, according to Delta ...Published: 17 May 2025 at 14:20hrs | 133 | by Staff reporter
Mnangagwa's CCC coalition gambit mirrors Smith's failed Muzorewa pact
Zimbabwe's ruling Zanu PF party appears to be revisiting the script of colonial Rhodesia's failed 1978 internal settlement as it courts Sengezo Tshabangu's faction of the Citizens Coalition for Change...Published: 17 May 2025 at 14:05hrs | 325 | by Staff reporter
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | 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 | 429 | by Staff reporter
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 98 | by Staff reporter
Zimbabwe strengthens private sector role in economic development drive
Zimbabwe is forging ahead with a private sector-led economic model, as the Government and business leaders intensify collaboration aimed at creating a robust and sustainable economy. The move is align...Published: 16 May 2025 at 09:53hrs | 55 | by Staff reporter
Tshabangu wins Supreme Court battle
The Supreme Court has overturned a High Court ruling that had nullified the controversial changes to the Citizens Coalition for Change (CCC)'s parliamentary leadership made by self-proclaimed party se...Published: 15 May 2025 at 15:26hrs | 2791 | by Staff reporter
CCC factions reject Tshabangu's GNU with Zanu-PF
Deepening divisions within the Citizens Coalition for Change (CCC) have erupted over a controversial proposal by self-proclaimed secretary-general Sengezo Tshabangu to extend President Emmerson Mnanga...Published: 15 May 2025 at 09:08hrs | 254 | by Staff reporter
Mnangagwa secures deal to reconstruct Parirenyatwa hospital
President Emmerson Mnangagwa has secured a landmark deal with Belarus that will see the overhaul of Zimbabwe's health sector, beginning with the reconstruction and capacitation of the Parirenyatwa Gro...Published: 14 May 2025 at 21:15hrs | 1269 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3821 | by Staff reporter
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1226 | by Staff reporter
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