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Massive US$100,000 fines for Zimbabwe forex offenders
The Reserve Bank of Zimbabwe (RBZ) has introduced heavy fines and tougher enforcement measures against individuals, companies, and financial institutions caught breaking exchange control regulations....Published: 7 hrs ago | 171 | by Staff reporter
Authorities crack down on smuggling and fake goods
Authorities have intensified a nationwide crackdown on smuggling and consumer rights violations, inspecting 3,779 businesses across the country, prosecuting 419 offenders, and seizing more than 4,800 ...Published: 14 Aug 2025 at 10:46hrs | 192 | by Staff reporter
Why Zimbabweans rue plan to ditch US dollar?
Zimbabwe's plans to drop the US dollar in five years is already causing jitters in an economy that has suffered nearly two decades of currency volatility and bouts of record hyperinflation.Har...Published: 14 Aug 2025 at 10:44hrs | 907 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 14 Aug 2025 at 10:41hrs | 125 | by Staff reporter
Ministry steps up unannounced business inspections
The Ministry of Industry and Commerce has announced that more impromptu inspections will be carried out to ensure businesses comply with legal and regulatory standards.In an interview, Communi...Published: 13 Aug 2025 at 13:01hrs | 336 | by Staff reporter
Africa's broken IP system threatens innovation, growth
Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the c...Published: 12 Aug 2025 at 19:33hrs | 82 | by Staff reporter
ANC partner DA calls for scrapping of Black Economic Empowerment
Briefing the media in Johannesburg on Monday, Steenhuisen stressed that the DA is not opposed to redress or transformation, but believes these laws have become counterproductive.The DA argues ...Published: 12 Aug 2025 at 12:09hrs | 266 | by Staff reporter
ZETDC announces unplanned power outage
The Zimbabwe Electricity Transmission and Distribution Company (ZETDC) has reported an unplanned power outage affecting large parts of the eastern region and sections of Harare, citing a technical fau...Published: 12 Aug 2025 at 08:45hrs | 461 | by Staff reporter
Punish errant liquor operators
Bulawayo councillors have called on the Liquor Licensing Board to revoke licences of bottle stores and bars that operate outside the law, particularly those located in residential areas.Ward 2...Published: 12 Aug 2025 at 08:21hrs | 120 | by Staff reporter
Failed state warning for South Africa
Business Leadership South Africa (BLSA) chief executive Busi Mavuso says that businesses cannot function properly in a failed state, but partnering with the government to fix its failures comes at a s...Published: 11 Aug 2025 at 10:10hrs | 680 | by Staff reporter
ZCC blames Zimbabwe govt for road carnage
The Zimbabwe Council of Churches (ZCC) has urged the government to take responsibility for the recent surge in road traffic accidents, pointing to the failure to resuscitate a reliable public transpor...Published: 11 Aug 2025 at 08:57hrs | 331 | by Staff reporter
BCC blitz uncovers 800 illegal shops in Bulawayo CBD
A recent crackdown by the Bulawayo City Council (BCC) on lettable unit shops in the city's Central Business District (CBD) has revealed that about 800 out of more than 1 300 premises are operating wit...Published: 11 Aug 2025 at 08:40hrs | 213 | by Staff reporter
Mt Darwin's multimillion dollar tourist resort takes shape
Land developer MCM Estates has broken ground on a massive 100-hectare multi-million-dollar tourism development project in the scenic Chesa area of Mt Darwin, a venture expected to transform the Mashon...Published: 10 Aug 2025 at 19:27hrs | 437 | by Staff reporter
Zera reviews ZiG fuel prices downwards
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a downward revision of fuel prices in local currency, effective from August 8 until September 4, 2025. The move follows the authority's ro...Published: 10 Aug 2025 at 19:20hrs | 355 | by Staff reporter
Lesetja Kganyago has intentionally destroyed black businesses
In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically targe...Published: 10 Aug 2025 at 16:17hrs | 723 | by Staff reporter
Zimbabwe needs US$10 billion to fix power crisis
Zimbabwe will require up to US$10 billion in energy sector investment over the next decade to meet rising electricity demand and address chronic power shortages, according to a new report by Veritas, ...Published: 10 Aug 2025 at 10:15hrs | 128 | by Staff reporter
Bulawayo industrial decay raises alarm
Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are large...Published: 10 Aug 2025 at 10:13hrs | 676 | by Staff reporter
RBZ cracks down on ZiG rejection
The Reserve Bank of Zimbabwe (RBZ) has issued a strong warning to businesses and service providers who are refusing to accept the Zimbabwe Gold (ZiG) currency, with central bank governor Dr John Musha...Published: 09 Aug 2025 at 13:28hrs | 459 | by Staff reporter
City of Victoria Falls courts Geo Pomona
THE Wetland City of Victoria Falls is in talks with Geo Pomona Waste Management Company to develop a modern waste management system, as the city grapples with mounting sanitation and environmental cha...Published: 09 Aug 2025 at 13:20hrs | 135 | by Staff reporter
Econet to launch new data packages
Zimbabwe’s largest telecommunications and technology provider, Econet Wireless Zimbabwe, has announced it will soon roll out new data packages aimed at enhancing its popular SmartBiz offering, follo...Published: 09 Aug 2025 at 09:52hrs | 454 | by Staff reporter
Mutare hotels fully booked ahead of Hlanganani expo
Mutare's hotels and lodges are already fully booked ahead of the Sanganai/Hlanganani World Tourism Expo, set for September 10–12, forcing many visitors to search for alternative accommodation....Published: 08 Aug 2025 at 17:34hrs | 140 | by Staff reporter
Fastjet launches inaugural Bulawayo-Victoria Falls flight
Fastjet Zimbabwe has successfully launched its inaugural direct flight between Bulawayo and Victoria Falls, further strengthening the country's domestic air network and linking the industrial hub to o...Published: 08 Aug 2025 at 17:10hrs | 139 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
Mafume supports ban on pre-owned clothes
While the government faces criticism over its ban on the importation and sale of second-hand clothing in urban areas, Harare Mayor Jacob Mafume has publicly backed the move, warning that the capital c...Published: 08 Aug 2025 at 08:56hrs | 189 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
Harare Council closes 40 CBD buildings
The City of Harare has shut down 40 buildings in the Central Business District (CBD) for being constructed without approved building plans, as part of a broader compliance operation targeting building...Published: 07 Aug 2025 at 13:08hrs | 300 | by Staff reporter
Zida launches eRegulations portal
The Zimbabwe Investment Development Agency (Zida) has launched a new digital platform, the eRegulations portal, aimed at reducing bureaucratic red tape and enhancing the quality and ease of doing busi...Published: 07 Aug 2025 at 09:12hrs | 43 | by Staff reporter
Harare residents outraged over ban on pre-used clothes sales
Residents of Harare have voiced strong opposition to the government's abrupt ban on the importation and sale of second-hand clothes in the capital, describing the move as an "autocratic onslaught" tha...Published: 07 Aug 2025 at 08:55hrs | 160 | by Staff reporter
Zimbabwe govt licences more import assessors
The Government has expanded the Consignment Based Conformity Assessment (CBCA) Programme by appointing two additional service providers, effective 1 August 2025.The Ministry of Industry and Co...Published: 06 Aug 2025 at 22:11hrs | 275 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 380 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 187 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 57 | by Staff reporter
Bulawayo urged to shun imported 'waste' goods
A solid waste management expert has urged Bulawayo residents and businesses to avoid importing goods considered waste in other countries, warning that low-quality imports are driving illegal dumping i...Published: 05 Aug 2025 at 08:51hrs | 257 | by Staff reporter
Pursuing Excellence: The Key to Success
Excellence is about being the best at something, and it's not just a goal, but a mindset. Many people believe that excellence comes at a cost, but the truth is, it pays dividends in the long run. Exce...Published: 03 Aug 2025 at 23:46hrs | 97 | by Tatenda Hwari
Mbare is NOW the Heart Beat of Zimbabwe's Economy
In a country beset by economic challenges and political uncertainties, it is often in the most unexpected corners that we find resilience, innovation and growth. Mbare, a densely populated township in...Published: 03 Aug 2025 at 23:42hrs | 450 | by Engineer Jacob Kudzayi Mutisi
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 460 | by Staff Reporter
President Lungu murdered by drug cartels in South Africa?
As we wait for the court proceedings regarding Advocate Chagwa Lungu's resting place, so many conspiracy theories are unfolding, some of which are unsettling. Before South African courts on the 4th of...Published: 03 Aug 2025 at 19:32hrs | 2086 | by Nomazulu Thata
Why most Zimbabweans still can't afford to fly
For most Zimbabweans, boarding a plane remains an unaffordable dream - a privilege reserved for government officials, foreign visitors, and the wealthy elite. Despite Zimbabwe boasting key urban centr...Published: 03 Aug 2025 at 17:56hrs | 667 | by Satff reporter
Mutsvangwa's half-truths and the need for fact-checking
Mutsvangwa was in his element with half-truths and mistruths, but the tragedy of it all is that no journalist held him to account or even fact checked some of the things he said.The needy and ...Published: 03 Aug 2025 at 15:11hrs | 510 | by Nqaba Matshazi
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 253 | by Staff reporter
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Harare Council crackdown leaves hundreds stranded
In a sweeping move aimed at restoring order in the central business district, the City of Harare has shut down hundreds of shops, launching an operation dubbed "Operation Restore Order." The crackdown...Published: 03 Aug 2025 at 09:51hrs | 90 | by Staff reporter
Victoria Falls booms with business during COP 15
The city of Victoria Falls recorded brisk business and a surge in economic activity during the recently concluded Ramsar Convention on Wetlands (COP15), which ran from July 23 to 31 and drew more than...Published: 02 Aug 2025 at 10:14hrs | 57 | by Staff reporter
Chinese national shot dead in armed robbery at Zimbabwe mine
Zimbabwean police have confirmed a fatal armed robbery that occurred last Friday at Pin 3 Mine, a Chinese-owned operation in Shurugwi, Midlands Province, amid reports that a Chinese employee was fatal...Published: 02 Aug 2025 at 10:13hrs | 205 | by Staff reporter
Econet defends fair usage policy amid backlash
Econet Wireless Zimbabwe has come under fire from some of its SmartBiz customers following the enforcement of its Fair Usage Policy (FUP) on "unlimited" data packages.Critics say the move unde...Published: 01 Aug 2025 at 13:47hrs | 677 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 630 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
Harare shuts down 121 businesses in CBD crackdown blitz
The Harare City Council has shut down 121 businesses in the central business district (CBD) in an intensified campaign targeting non-compliant operations. The crackdown, now in its second day, follows...Published: 31 Jul 2025 at 18:46hrs | 317 | by Staff reporter
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