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Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 311 | by Staff reporter
Zimbabwe revises GDP upwards to US$44.4 billion
Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimat...Published: 09 Jul 2025 at 07:52hrs | 158 | by Staff reporter
Mliswa fired as CP Chemicals Chair
Outspoken politician and businessman Temba Mliswa has been dismissed from his roles as Director and Chairperson of CP Chemicals (Private) Limited with immediate effect, amid serious allegations of mis...Published: 01 Jul 2025 at 18:21hrs | 2182 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Zimbabwe's 45-year fall
The country is emerging from the celebrations of the statehood of the Republic of Zimbabwe on 18 April 2025, just under five years to celebrate half a century of its existence.Are there any ta...Published: 10 May 2025 at 14:21hrs | 395 | by Vivian V. Siziba
Steward Bank to be renamed TN Cybertech Bank
A formal notice has been issued for the intended name change of one of Zimbabwe’s most prominent financial institutions. In accordance with the Companies and Other Business Entities Act [Chapter 24:...Published: 13 Apr 2025 at 15:42hrs | 4147 | by Staff reporter
They can treat prostate cancer and enlarged prostate
Call it 'Herbalprenurship', new business entities and individuals wheeling and dealing in herbal medicines. I hear the profit margins are stratospheric, with those with flexibility and agility ensconc...Published: 02 Feb 2025 at 12:00hrs | 1949 | by Thomas Murisa
Harare town clerk operating a parallel revenue collection unit
The City of Harare (CoH) Town Clerk's office is facing scrutiny following revelations that it oversees a parallel revenue collection unit responsible for funds from the municipality's special business...Published: 14 Dec 2024 at 10:44hrs | 1447 | 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 | 247 | by Agencies
Zimbabwe has lost over 800MW at Kariba
Energy and Power Development minister Edgar Moyo addressed Parliament regarding the current power supply crisis in Zimbabwe, attributing it to hydrological challenges at the Kariba South Hydroelectric...Published: 24 Jun 2024 at 07:06hrs | 19 | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 7 | by @Jamwanda2 on Saturday
Zimbabwe banks, service providers successfully configure systems, processes to ZiG
OVER 90 percent of banking institutions and mobile bank service providers have successfully configured their systems and processes in line with the new monetary policy guidelines, paving the way for s...Published: 11 Apr 2024 at 08:39hrs | 3 | by Staff reporter
RBZ pleads for ZiG acceptance as informal traders insist on US dollar
The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to accept the currency for fear it will be w...Published: 10 Apr 2024 at 21:55hrs | | by Staff reporter
Foreign currency dealers ditch trading spots
MOST illegal money changers popularly known as "Osiphatheleni" have abandoned their traditional trading spots in Bulawayo following the launch by the Government of the new gold-backed currency, the Zi...Published: 09 Apr 2024 at 06:20hrs | 4 | by Staff reporter
Zimbabwe exempts VAT on basic goods amid price hike concerns
The Zimbabwean government has revised taxes on basic goods, which were introduced in the 2024 national budget, amid rising price hike concerns.In a statement on Monday night, Zimbabwe's Minist...Published: 10 Jan 2024 at 05:57hrs | 11 | by Staff reporter
Air Zimbabwe missing in action
AIR Zimbabwe, which faces a myriad of problems ranging from mounting debts, ageing aircraft, government interference and poor management, has become a pale shadow of itself as it is failing to make a ...Published: 27 Dec 2023 at 17:26hrs | 18 | by Staff reporter
CIO-linked company gets raw lithium export permit
THE Ministry of Mines and Mining Development has reportedly awarded a firm with suspected links to the Central Intelligence Organisation (CIO), Terrestrial Holdings, a licence to export one million to...Published: 08 Dec 2023 at 20:53hrs | 112 | by Staff reporter
Air Zimbabwe planes unaccounted for
ACTING Auditor-General Rheah Kujinga has exposed the rot at Air Zimbabwe which includes financial books that are in a shambles as well as the failure by the national airline to account for the number ...Published: 31 Oct 2023 at 16:27hrs | 16 | 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
Mnangagwa's son warns against Nehanda ZWL$50 note snub
Deputy Minister of Finance and Investment Promotion, Kudakwashe Mnangagwa, issued a warning to businesses refusing to accept the ZWL$50 note, emphasizing that they could face substantial penalties. He...Published: 12 Oct 2023 at 06:32hrs | 9 | by Staff reporter
Senate and PR, the maxim gun firing at Bulawayo
The Senate, Youth and PR lists for the 2023 harmonised elections in Bulawayo Province, are the newest metaphorical maxim gun whose bullets are brutally firing at the tender heart of the City of Bulawa...Published: 07 Aug 2023 at 20:03hrs | 36 | by Nhlanhla Moses Ncube (Secretary General)
MDC councillors plot to rip off Gweru
ACTING Gweru district development coordinator Tarisai Mudadigwa has written a letter to acting town clerk Livingston Churu, ordering him to stop plans by councillors from the Douglas Mwonzora-led MDC-...Published: 09 Jul 2023 at 14:23hrs | 14 | by Staff reporter
'Leave potholes to council'
RESIDENTS should not take matters of service delivery like patching up potholes that have infested the city into their own hands as that is the "sole" duty of the local authority, latest council minut...Published: 09 Jun 2023 at 06:31hrs | 1 | by Staff reporter
Zimbabwe govt departments warned for dumping Zimdollar
Finance and Economic Development secretary George Guvamatanga has warned government departments to desist from giving preference to clients paying for services in US dollars as opposed to local curren...Published: 29 May 2023 at 06:43hrs | | by Staff reporter
ZCTU pours scorn on Mthuli Ncube's firefighting stunts
The Zimbabwe Congress of Trade Unions (ZCTU) has dismissed as futile, Finance Minister Mthuli Ncube's attempts to tame a recent price surge that has eroded incomes and brought restlessness within the ...Published: 16 May 2023 at 20:41hrs | 1 | by Staff reporter
Al Jazeera exposé signals doom for Zimbabwe
GOOD day President Emmerson Mnangagwa,Your Excellency, it is my fervent conviction that the Al Jazeera four-part documentary, whose first edition Gold Mafia: The Laundry Service was premiered ...Published: 29 Mar 2023 at 06:58hrs | | by Cyprian M Ndawana
Jitters over Al Jazeera exposé telling
GOOD day President Emmerson Mnangagwa,Your Excellency, rarely has Zanu-PF and the said new dispensation been in jitters as they are now. Contrary to their characteristic obstinacy, they are un...Published: 15 Mar 2023 at 06:53hrs | 2 | by Cyprian M Ndawana
Bounty offered for Western tanks in Ukraine
A Russian battalion will pay $170,000 for a Leopard, Abrams, or Challenger captured in working conditionA Russian battalion offered a bounty on Friday for every operational Western-made tank s...Published: 05 Feb 2023 at 09:19hrs | 2 | by Staff reporter
'Ordinary Zimbabweans bear the brunt of sanctions'
A "GO FUND ME" campaign for a Nkayi family living with albinism was stopped midway after the online fundraising platform said Zimbabweans could not run the initiative since the country was under econo...Published: 20 Dec 2022 at 20:43hrs | 3 | by Staff reporter
Zanu-PF accuse the US of 'barbarism and cowardice'
Zanu-PF has accused the United States (US) of "barbarism and cowardice" after Washington added President Emmerson Mnangagwa's son, Junior, three individuals and two business entities on its sanctions ...Published: 14 Dec 2022 at 06:44hrs | | by Staff reporter
Sakunda windfall for Bosso
CHARMED by Highlanders' improved second half of the season performance in the Castle Lager Premier Soccer League, the club's principal sponsors, giant energy company Sakunda Holdings has offered 250 p...Published: 15 Nov 2022 at 04:48hrs | 3 | by Staff reporter
Property upgrades transforming Bulawayo's economy
BULAWAYO is experiencing growth in corporates and property owners who are renovating old business premises and opening new facilities in a bid to align their operations with the latest business trends...Published: 10 Oct 2022 at 06:07hrs | 12 | by Staff reporter
'Zanu-PF banks on corrupt businesses to pay nomination fees for own candidates'
National Constitutional Assembly (NCA) leader Lovemore Madhuku says the Zanu-PF-led government has intentionally set steep nomination fees for prospective election candidates next year well knowing it...Published: 23 Aug 2022 at 19:51hrs | 2 | by Staff reporter
Zimbabwe black market rates tumble
A raft of robust economic measures put forward by President Mnangagwa and his administration have proved to have a stabilising effect on the national economy as they managed to arrest the parallel mar...Published: 21 Aug 2022 at 08:43hrs | 6 | by Staff reporter
Date set for Zimbabwe gold coins rollout
GOLD coins that were announced last week as a new measure and alternative to store monetary value, will be introduced into the market mid-this month and will be purchased using both foreign and local ...Published: 03 Jul 2022 at 09:28hrs | 12 | by Staff reporter
RBZ issues statement on commercial bank loans
The Reserve Bank of Zimbabwe (RBZ) issued a statement on the outcome of investigation of the abuse of commercial bank loan facilities by certain business ...Published: 18 Jun 2022 at 06:43hrs | 1 | by Tarisai Mudahondo
'The Reserve Bank of Zimbabwe is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 05 Jun 2022 at 09:00hrs | 3 | by Staff reporter
Zimbabwe Companies Registry goes digital
THE Registrar of Companies has gone digital in a move that is set to plug loopholes in the system and curb the fraudulent grabbing of companies and properties by criminals.The new electronic s...Published: 24 May 2022 at 07:18hrs | 13 | by Staff reporter
'Zimbabwe Reserve Bank is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 22 May 2022 at 08:26hrs | 14 | by Staff reporter
CCC targets Bulawayo City Council's business operations
BULAWAYO City Council (BCC) has grown its cattle herd to 526, and several goats, while it also has 2,5 hectares of sorghum as it embarks on farming ventures to get more revenue.This was reveal...Published: 18 May 2022 at 06:23hrs | 12 | by Staff reporter
'The Reserve Bank is not creating money'
The Sunday Mail Editor Victoria Ruzvidzo (VR) had a no-holds-barred interview with RBZ Governor Dr John Mangudya (JM) on the latest developments in the economy, among them suspension of bank lending, ...Published: 15 May 2022 at 06:12hrs | 12 | by Staff reporter
Economic growth all good, but meaningless when Zimbabweans' livelihoods deteriorating!
A father can boast of his recent promotions at work or the expansion of his business entities.He can even be proud of the increased financial earnings, and profit margins coming into his pocke...Published: 30 Apr 2022 at 21:42hrs | 10 | by Tendai Ruben Mbofana
MPs corner Mthuli Ncube
MEMBERS of Parliament have asked the Ministry of Finance and Economic Development to disclose the list of companies paying corporate taxes to government as part of measures meant to enhance transparen...Published: 20 Feb 2022 at 09:03hrs | 2 | by Staff reporter
MPs demand full corporate tax disclosures
ZIMBABWE'S legislators have asked the Ministry of Finance and Economic Development to disclose the list of companies paying corporate taxes to government as part of measures meant to enhance transpare...Published: 20 Feb 2022 at 08:55hrs | 3 | by Staff reporter
BCC hikes service charges by between 150% and 626%
THE Bulawayo City Council (BCC) has increased its service charges by between 150% and 626% following approval of the local authority's 2022 budget by government.Residents have expressed concer...Published: 18 Feb 2022 at 05:37hrs | | by Staff reporter
Zesa rebundling firmly on course
LEADING audit firm Ernst & Young, which has completed its consultancy report on the unbundling of Zesa, has recommended that the role of executive chairman be abolished at the State power utility....Published: 10 Feb 2022 at 05:26hrs | | by Staff reporter
RBZ goes after currency manipulators
The Reserve Bank of Zimbabwe (RBZ) says it is investigating allegations of currency manipulation by some business entities as well as breaches of the Bank Use Promotion Act.Central bank Govern...Published: 12 Jan 2022 at 23:08hrs | | by Staff reporter
Zera extends span for fuel procurement licences
The Zimbabwe Energy Regulatory Authority (ZERA) has extended by two weeks the expiration date for fuel procurement licenses that were supposed to lapse yesterday, to ensure adequate supply of fuel on ...Published: 01 Jan 2022 at 13:52hrs | 1 | by Staff reporter
Cassava name change get ZSE nod
Zimbabwe Stock Exchange (ZSE)-listed tech-group Cassava Smartech has been given the nod by the ZSE to change its name to EcoCash Holdings Limited.ZSE has, according to a circular on the propos...Published: 23 Dec 2021 at 05:41hrs | 14 | by Staff reporter
Police deploy crack teams for festive season
Police crack and traffic teams have been deployed countrywide to deal with any criminal activities and traffic offenders during this festive season.In his 2021 festive season statement yesterd...Published: 22 Dec 2021 at 04:42hrs | 8 | by Staff reporter
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