Search / Capital
Zimbabwe prioritises debt clearance
Resolving Zimbabwe's crippling debt overhang has been elevated to a top national priority, with the Government declaring that the success of the arrears clearance and debt resolution process is essent...Published: 4 hrs ago | 35 | by Staff reporter
Motsepe's company faces R3.4 billion lawsuit
Patrice Motsepe's investment company, African Rainbow Capital (ARC), is now in a legal battle worth R3.4 billion with a US-based firm, Pula Group. The dispute started when Pula Group, led by a former ...Published: 7 hrs ago | 201 | by Staff reporter
Mafume wants human capital director for Harare
HARARE mayor Jacob Mafume has urged council to prioritise the appointment of a substantive human capital director, saying the position is critical to improving the city's administrative efficiency....Published: 11 Aug 2025 at 08:37hrs | 141 | by Staff reporter
To be President is the highest job most Africans dream of
The best job an African dream of is to become a President: not medicine, not teaching, not becoming a university professor, not engineering or physicists, Chemists, social scientists or whatever. What...Published: 10 Aug 2025 at 15:50hrs | 233 | by Nomazulu Thata
ACZ route development initiatives bearing fruit
The inaugural flight took off from Joshua Mqabuko Nkomo International Airport and landed in Victoria Falls aboard an Embraer ERJ aircraft, officially opening a direct air link between Zimbabwe's indus...Published: 10 Aug 2025 at 10:55hrs | 110 | 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 | 636 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 136 | by Staff reporter
Harare accounts for most accidents in Zimbabwe
Harare Metropolitan Province accounted for more than half of the road traffic accidents recorded across Zimbabwe in 2024, according to the latest Extreme Events and Disasters Report released this week...Published: 09 Aug 2025 at 09:50hrs | 109 | by Staff reporter
How Mutare and Manicaland were annexed from the Portuguese
First - a tributeIn carrying out the background research I have been greatly impressed by the articles written by J.C. Barnes, who taught at Umtali Boys' High School and published both in Rhod...Published: 08 Aug 2025 at 21:43hrs | 1067 | by Zimfieldguide
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
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 453 | by Staff reporter
Goat tender fraud trial resumes
The trial of businessmen Moses Mpofu and Mike Chimombe, accused of defrauding the Government of US$7 million under the Presidential Goat Pass-On Scheme, resumed yesterday with Mpofu outlining the fina...Published: 05 Aug 2025 at 08:58hrs | 271 | by Staff reporter
Ghost workers at Zimbabwe's major hospitals
Zimbabwe's biggest hospitals are losing billions of dollars in public funds due to ghost workers, missing drugs, and a complete lack of oversight, a damning Auditor-General's report has revealed....Published: 04 Aug 2025 at 13:00hrs | 472 | by Staff reporter
Zimbabwe Govt Pension Fund acquires Monomotapa Hotel
Zimbabwe's largest hospitality group, African Sun Limited (ASL), has agreed to sell the historic Monomotapa Crowne Plaza Hotel and its adjacent car park to the Public Service Pension Fund in a deal va...Published: 03 Aug 2025 at 12:18hrs | 464 | by Staff reporter
Company faces exchange control violation charges
A Harare-based company, Grant Thulisa (Pvt) Ltd, has been hauled before the courts on allegations of violating Zimbabwe's exchange control regulations after it allegedly misrepresented the amount of m...Published: 03 Aug 2025 at 12:17hrs | 200 | by Staff reporter
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 | 251 | by Staff reporter
Funding delays teacher recruitment in Zimbabwe
The government's ambitious plan to recruit 8,000 new teachers to address Zimbabwe's critical teacher-to-student ratio has hit a major snag, with delays in the disbursement of funds from the Treasury s...Published: 02 Aug 2025 at 19:14hrs | 267 | by Staff reporter
Russia-Zimbabwe talks overshadowed by 'hitman' allegations
A high-powered delegation of 11 Russian officials arrived in Harare this week for a strategic meeting with Zimbabwe's Minister of Finance, Professor Mthuli Ncube, in a bid to deepen bilateral financia...Published: 02 Aug 2025 at 19:12hrs | 535 | by Staff reporter
US$4 billion smart city takes shape in Harare
Zimbabwe's capital is taking a major step toward modern urban living with the groundbreaking of Pomona Flats, a high-rise residential complex forming part of the ambitious US$4 billion Pomona City pro...Published: 02 Aug 2025 at 13:23hrs | 693 | by Staff reporter
Zimbabwe's tourism sector declined in early 2025
Zimbabwe's tourism sector has experienced a significant downturn in the first quarter of 2025, with both receipts and investment sharply declining as global travel demand weakens and domestic economic...Published: 02 Aug 2025 at 10:17hrs | 89 | 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
Zimbabwe's budget falls short of Abuja health target funding
Zimbabwe's 2025 Mid-Year Budget Review has again revealed the country's continued failure to meet the Abuja Declaration commitment of allocating at least 15% of the national budget to health, despite ...Published: 01 Aug 2025 at 13:42hrs | 203 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Lake Chivero crisis pushes wildlife and people to the edge
The stench of decay hangs heavy over Lake Chivero, long before the water even comes into sight. Once a shimmering lifeline for Harare's three million residents and a sanctuary for wildlife, the lake i...Published: 01 Aug 2025 at 13:07hrs | 338 | by Staff reporter
Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 140 | by Staff reporter
Mthuli Ncube declares surplus despite only 35% of budget spent
Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Bu...Published: 31 Jul 2025 at 15:46hrs | 266 | by Staff reporter
Dairibord warns of rising costs
Dairibord Holdings Limited, one of Zimbabwe's largest publicly listed milk processors, has sounded the alarm over a tough operating environment that has driven up costs, squeezed margins, and weighed ...Published: 31 Jul 2025 at 12:54hrs | 224 | by Staff reporter
Operation Dudula perpetrating genocide: Black on Black violence in SA
Operation Dudula is hunting down people and killing them by burning and stabbing them to death. Zimbabweans, together with other foreign nationals, all blacks are hunted down by criminals - Operation ...Published: 30 Jul 2025 at 17:12hrs | 870 | by Nomazulu Thata
'White Zimbabweans are returning'
Many Zimbabweans who left the country at the peak of economic and political turmoil, and settled in numerous countries, including South Africa, are now investing back home, while others are retu...Published: 30 Jul 2025 at 10:12hrs | 2925 | by Staff reporter
Zimbabwe needs G20 help to exit debt trap
Zimbabwe's best chance of exiting a 25-year debt default is to engage the Group of 20 nations to help formulate a solution and stop trying to work its way out of the quagmire itself, World Bank Presid...Published: 28 Jul 2025 at 14:02hrs | 156 | by Staff reporter
PPC unveils 30MW solar energy project in Zimbabwe
South African cement manufacturer PPC Limited has announced it is developing a 30 megawatt (MW) solar energy programme in Zimbabwe, aimed at reducing operational costs and lessening dependence on the ...Published: 28 Jul 2025 at 08:55hrs | 348 | by Staff reporter
Zimbabwe road traffic accidents jump to 28,159 in 6 months
A deadly collision along Harare's Seke Road on Tuesday has once again spotlighted Zimbabwe's deepening road safety crisis. The horrific crash, which claimed 17 lives-including two pedestrians-has beco...Published: 27 Jul 2025 at 11:21hrs | 243 | by Staff reporter
Zimbabwe govt to roll out policy to curb urban land chaos
The Government is preparing to launch a far-reaching Urban State Land Management Policy aimed at stamping out rampant land corruption, controlling illegal settlements, and ensuring orderly, sustainabl...Published: 27 Jul 2025 at 11:20hrs | 230 | by Staff reporter
Tagwirei, Mnangagwa golf video sparks outrage
A video showing controversial businessman Kudakwashe Tagwirei casually interacting with President Emmerson Mnangagwa during a golf outing has ignited public outcry and intensified speculation over the...Published: 25 Jul 2025 at 18:37hrs | 1719 | by Staff reporter
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 78 | by Staff reporter
Zimbabwe SMEs crushed by annual compliance fees
Small and medium enterprises (SMEs) in Zimbabwe are buckling under the weight of steep compliance costs - some as high as US$10,000 annually - raising alarm over a regulatory environment that is drivi...Published: 24 Jul 2025 at 14:34hrs | 128 | by Staff reporter
Zanu-PF warned against donating the party to wealthy elites
A senior government official has cautioned against allowing wealthy individuals to manipulate Zanu-PF structures through their donations, warning that the revolutionary party risks straying from its i...Published: 22 Jul 2025 at 22:06hrs | 882 | by Staff reporter
Harare to stop issuing new housing stands
Thousands of prospective homebuilders in Harare have been dealt a major blow after the city unveiled a bold new urban policy that will halt all new housing stand allocations for the next 20 years. In ...Published: 22 Jul 2025 at 17:54hrs | 511 | by Staff reporter
Opposition scared of Tagwirei
WAKING UP to wild CELEBRATIONS from opposition Xvists & the G50s… Apparently, they are celebrating victory over Dr Tagwirei… BUT how do you celebrate victory over a NON-EXISTENT contest??? Whi...Published: 22 Jul 2025 at 10:15hrs | 1043 | by Kudzai Mutisi
Zimra defends aggressive tax enforcement
Foreign currency-generating sectors such as tourism and agriculture are being choked by excessive regulations, multiple taxes, and bureaucratic red tape, industry experts have warned. Despite being cr...Published: 22 Jul 2025 at 09:12hrs | 147 | by Staff reporter
Land barons continue to wreak havoc in Harare
Harare City Council has raised alarm over the illegal occupation of more than 140 sites across the capital by land barons, with city officials turning to the courts in a bid to halt the unregulated de...Published: 22 Jul 2025 at 09:09hrs | 109 | by Staff reporter
Harare plunged into darkness as Zesa switches off tower lights
Harare's last remaining tower lights were switched off this week, plunging Zimbabwe's capital further into darkness - a stark metaphor for the city's deepening governance crisis and financial dysfunct...Published: 18 Jul 2025 at 14:46hrs | 436 | by Staff reporter
Harare water crisis worsens
Harare's persistent water shortages are being made worse by growing demand from neighbouring towns, raising serious concerns about the sustainability of the capital's already stretched supply system. ...Published: 18 Jul 2025 at 08:35hrs | 279 | by Staff reporter
US deports five 'barbaric' migrants to Eswatini
The US has deported five people who it described as "criminal illegal aliens" to the southern African kingdom of Eswatini.On board the flight were five deportees from Vietnam, Jamaica, Laos, C...Published: 17 Jul 2025 at 21:11hrs | 990 | by Staff reporter
Council ropes in Mnangagwa
Amid escalating losses and allegations of deep-rooted corruption, Harare City Council has turned to President Emmerson Mnangagwa's office to intervene in the stalled acquisition of a critical Enterpri...Published: 17 Jul 2025 at 21:01hrs | 704 | by Staff reporter
Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 17 Jul 2025 at 20:58hrs | 629 | by Staff reporter
Land barons uses 'lawfare' against City of Harare
More than 144 sites in Harare have been illegally occupied by land barons, forcing the city council to seek recourse through the courts, Parliament heard on Monday.The capital has witnessed a ...Published: 16 Jul 2025 at 19:08hrs | 189 | by STaff reporter
Matabeleland North embarks on waste water infrastructure overhaul
Urban councils in Matabeleland North have initiated a comprehensive programme to modernise waste water treatment and reticulation systems as part of efforts to improve environment...Published: 14 Jul 2025 at 07:56hrs | 128 | by Staff reporter
Africa's inequality crisis: How government systems fuel corruption and entrench elitism
A recent Oxfam report has ignited renewed scrutiny of Africa's political and economic order, revealing a disturbing truth: while a handful of billionaires accumulate staggering wealth, hundreds of mil...Published: 14 Jul 2025 at 07:12hrs | 208 | by James Mathonsi
Load More Stories