Search / Confed
Zimbabwe, EU celebrate growing trade
Zimbabwe and the European Union (EU) have marked a significant milestone in their growing economic partnership, with trade between the two entities increasing by 30% and foreign direct investment (FDI...Published: 13 May 2025 at 10:23hrs | 90 | by Staff reporter
Zimbabwe retail sector to grow by 5,10% in 2025
The Zimbabwean retail sector is projected to grow by 5.10% in 2025, with its future expansion dependent on how well it navigates the challenges of the operating environment, including the increasing d...Published: 08 May 2025 at 16:08hrs | 177 | by Staff reporter
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 294 | by Staff reporter
ZIFA president not happy with slow pace of NSS renovations
Zimbabwe Football Association (ZIFA) President Nqobile Magwizi has expressed dissatisfaction with the pace of renovations at the National Sports Stadium (NSS), despite some progress made at the facili...Published: 08 May 2025 at 09:52hrs | 217 | by Staff reporter
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 809 | by Staff reporter
Schweppes Managing Director retires after 20 years
Beverage manufacturer Schweppes Zimbabwe has announced the retirement of its long-serving Managing Director, Charles Nkululeko Msipa, bringing to an end a distinguished 20-year career with the company...Published: 01 May 2025 at 19:11hrs | 1077 | by Staff reporter
CZI urges companies to reduce idle capacity
Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has called on Zimbabwe's manufacturing sector to reduce unutilised capacity as a key strategy to lower production...Published: 30 Apr 2025 at 07:14hrs | 286 | by Staff reporter
Foreigners tighten grip on Zimbabwe's retail sector
Foreign nationals are increasingly dominating Zimbabwe's retail sector, raising concerns over the flouting of laws that reserve the industry for indigenous Zimbabweans.Despite legal provisions...Published: 29 Apr 2025 at 08:52hrs | 1043 | by Staff reporter
Geza stay away takes the shine off from trade fair?
The curtain came down yesterday on the 2024 edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo, with mixed reactions as concerns were raised over the low turnout of both exhibitors an...Published: 28 Apr 2025 at 12:40hrs | 470 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 24 Apr 2025 at 07:20hrs | 37 | by Staff reporter
SMEs drive Zimbabwe's manufacturing sector
Zimbabwe's manufacturing industry is largely being sustained by small to medium enterprises (SMEs), with fresh calls emerging for a strategic revival of the sector amid concerns over fluctuating perfo...Published: 24 Apr 2025 at 07:13hrs | 17 | by Staff reporter
Business ignores Geza noise
Businesses across Zimbabwe remained open yesterday, disregarding calls by controversial war veteran and former Zanu-PF Central Committee member, Blessed Geza, to begin an indefinite nationwide shutdow...Published: 23 Apr 2025 at 08:35hrs | 480 | by Staff reporter
Bulawayo defies stay-away calls
Bulawayo residents demonstrated clear defiance against the so-called stay-away called by discredited former Zanu-PF Central Committee member, Blessed Geza, as the Zimbabwe International Trade Fair (ZI...Published: 23 Apr 2025 at 08:33hrs | 176 | by Staff reporter
Zimbabweans ignore stayaway call
Zimbabweans across the country yesterday overwhelmingly rejected calls for a nationwide stayaway, choosing instead to go about their daily routines as usual. Shops, Government offices, vegetable marke...Published: 23 Apr 2025 at 08:29hrs | 93 | by Staff reporter
India reassures Zim collaboration, applauds Chiwenga
BULAWAYO - India's Ambassador to Zimbabwe, His Excellency Bramha Kumar appreciated Zimbabwe International Trade Fair's (ZITF) business to business arrangements and emphasised the growing interest of I...Published: 22 Apr 2025 at 22:10hrs | 642 | by Gideon Madzikatidze/Simbarashe Sithole
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 22 Apr 2025 at 07:37hrs | 1344 | by Staff reporter
Zimbabwe manufacturing sector faces challenges
Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...Published: 16 Apr 2025 at 23:23hrs | 95 | by Staff reporter
Busisa Moyo inducted into Zimbabwe business hall of fame
Renowned industrialist and business leader Mr Busisa Moyo has been inducted into the Zimbabwe Business Hall of Fame 2025, a prestigious honour recognising his exceptional contribution to Zimbabwe's ec...Published: 16 Apr 2025 at 23:16hrs | 199 | by Staff reporter
Lt-Gen Sanyatwe assesses progress at NSS
Newly appointed Minister of Sport, Recreation, Arts and Culture, Anselem Sanyatwe, yesterday toured the National Sports Stadium in Harare, marking his first official engagement since assuming office. ...Published: 15 Apr 2025 at 08:39hrs | 780 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3712 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10298 | by Staff reporter
Bulawayo Investment Indaba kicks off
BULAWAYO Investment Indaba has started at a local hotel where industry experts gather to deliberate on different investment issues.The two-day event will bring together key stakeholders, inclu...Published: 02 Apr 2025 at 10:14hrs | 114 | by Staff reporter
Tagwirei to headline Bulawayo Metropolitan investment indaba
Sakunda Holdings CEO, Kudakwashe Tagwirei, is set to headline the much-anticipated Bulawayo Metropolitan Provincial Investment Indaba, a two-day event scheduled to begin on Wednesday.The event...Published: 02 Apr 2025 at 08:53hrs | 85 | by Staff reporter
War veterans faction condemn planned protests
The leadership of Zimbabwe's war veterans has strongly condemned Monday's unsanctioned protests, branding them as reckless and a potential trigger for violence. In a stern warning to instigators, the ...Published: 29 Mar 2025 at 08:24hrs | 217 | by Staff reporter
Mnangagwa pledges $150,000 winning bonus for 'Scottland FC select'
President Emmerson Mnangagwa has pledged a US$150,000 bonus for Zimbabwe's national men's football team, the Warriors which was controversially stuffed with Scottland FC players, for each victory in t...Published: 20 Mar 2025 at 14:44hrs | 384 | by Staff reporter
Zimbabwe to slash taxes and fees
The Zimbabwean government has announced plans to implement significant reductions in taxes and regulatory fees over the next six months as part of efforts to enhance the ease of doing business and att...Published: 16 Mar 2025 at 09:20hrs | 344 | by Staff reporter
Patrice Motsepe re-elected unopposed as CAF President
South African billionaire and mining magnate Patrice Motsepe has been re-elected unopposed for a second term as president of the Confederation of African Football (CAF) during the body's extraordinary...Published: 12 Mar 2025 at 16:12hrs | 176 | by Staff reporter
Refurbishment of National Sports Stadium gains momentum
The refurbishment of the National Sports Stadium is set to accelerate after the government resolved several challenges that had delayed the project. The 38-year-old facility, which last hosted interna...Published: 12 Mar 2025 at 07:39hrs | 335 | by Staff reporter
Benin names squad for Zimbabwe World Cup qualifiers
Benin coach Gernot Rohr has announced his squad for the upcoming 2026 FIFA World Cup qualifiers against Zimbabwe and South Africa, making some surprise omissions and including a teenage prospect for t...Published: 11 Mar 2025 at 16:17hrs | 360 | by Staff reporter
Rufaro stadium faces challenges despite reopening
When Harare Mayor Jacob Mafume announced the reopening of Rufaro Stadium last year after four years of closure, there was an air of optimism among football stakeholders.An area that had been t...Published: 11 Mar 2025 at 07:18hrs | 702 | by Staff reporter
Bosso hit with FIFA transfer ban
Bulawayo giants Highlanders Football Club have become the latest Premier Soccer League side to face FIFA sanctions, as the club has been slapped with a transfer ban for failing to settle outstanding s...Published: 09 Feb 2025 at 11:25hrs | 150 | by Staff reporter
Bulawayo City Council slashes shop, sports and social club rates
In a significant move to alleviate the compliance burden on businesses, the Bulawayo City Council (BCC) has announced a reduction of shop licence fees and sports and social club rates by 30%. This dec...Published: 06 Feb 2025 at 07:33hrs | 1415 | by Staff reporter
Chivayo trying to bribe losing ZIFA candidates?
Businessman Wicknell Chivayo has offered a "private settlement" to appease losing candidates in the Zimbabwe Football Association (ZIFA) presidential election, dismissing allegations that his financia...Published: 02 Feb 2025 at 18:57hrs | 4007 | by Staff reporter
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2046 | by Staff reporter
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 564 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1079 | by Staff reporter
Zimbabwe's retail sector faces collapse
The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and ...Published: 27 Jan 2025 at 08:16hrs | 385 | by Staff reporter
Experts reveal real causes of retail giants woes
Industry experts have emphasized that Zimbabwe's retail giants, including OK Zimbabwe, are not struggling because of the government's ongoing anti-smuggling crackdown, but due to their over-reliance o...Published: 18 Jan 2025 at 18:33hrs | 2202 | by George Tshuma
ZiG scarcity has eased exchange rate depreciation
The limited availability of Zimbabwe Gold (ZWG) currency has helped ease exchange rate depreciation on the parallel market, although US dollar demand pressures have continued to push premiums higher t...Published: 16 Jan 2025 at 07:17hrs | 3103 | by Staff reporter
Zimbabwe govt shuns crucial teachers' talks
The Zimbabwean government is facing mounting criticism for its refusal to engage with teachers, despite growing calls for dialogue to resolve the ongoing impasse over salaries and deteriorating workin...Published: 14 Jan 2025 at 14:17hrs | 354 | by Staff reporter
Prophet Magaya seek to stop 'fraudulent' Zifa elections
Yadah Stars Football Club president, Prophet Walter Magaya, has approached the High Court in a bid to halt the January 25 ZIFA elections. The urgent application will be heard this morning at 9 a.m. in...Published: 14 Jan 2025 at 14:02hrs | 127 | by Staff reporter
Installation of bucket seats at National Sports Stadium almost complete
The Government of Zimbabwe is in the final stages of installing bucket seats at the National Sports Stadium (NSS) to meet international standards and enable the facility to host international games....Published: 11 Jan 2025 at 08:39hrs | 464 | by Staff reporter
Zifa dismisses fake Fifa letter as smear campaign
The Zimbabwe Football Association (ZIFA) has denounced as "a shameless act of deceit" a letter purportedly sent by FIFA, which alleged that the world football body's independent ethics committee was i...Published: 11 Jan 2025 at 08:27hrs | 67 | by Staff reporter
Zimbabwean referees excluded from CHAN tournament
Zimbabwean referees have been excluded from the Confederation of African Football's (CAF) list of officials for the upcoming CHAN finals, which will take place in Kenya, Uganda, and Tanzania. The tour...Published: 05 Jan 2025 at 08:21hrs | 319 | by Staff reporter
Haddon and Sly, Amaya Mall shut in latest Zimra crackdown
Scores of traders operating at Haddon and Sly Building and Amaya Mall in Bulawayo's central business district were locked out yesterday after the Zimbabwe Revenue Authority (Zimra) closed the premises...Published: 01 Jan 2025 at 10:18hrs | 12758 | by Staff reporter
Simba Bhora president pulls out of Zifa elections after donation
Simba Bhora president Simba "Buju" Ndoro has withdrawn from the ZIFA executive committee elections slated for January 25, 2025. Ndoro, who had successfully passed the ethics and integrity test, was am...Published: 01 Jan 2025 at 10:05hrs | 562 | by Staff reporter
National Sports Stadium Revamp Gains Momentum with Bucket Seats Installation
The installation of bucket seats at the National Sports Stadium (NSS) is well underway, signaling a critical step towards rehabilitating Zimbabwe's largest sporting venue. Once characterized by grey c...Published: 22 Dec 2024 at 10:30hrs | 290 | by Staff reporter
Mthuli Ncube cracks down on smugglers
The Government of Zimbabwe has initiated a nationwide crackdown on smuggling through cross-border buses and illegal businesses trading in contraband to safeguard local industries and protect consumer ...Published: 17 Dec 2024 at 06:34hrs | 1829 | by Staff reporter
Zimbabwe authorities step up crackdown on smuggled goods
The Zimbabwean government has ramped up efforts to combat smuggling and the influx of counterfeit goods as part of a broader strategy to protect domestic industries and enhance their competitiveness....Published: 15 Dec 2024 at 09:11hrs | 438 | by Staff reporter
MPs back Mthuli Ncube's sports betting tax proposal
Parliamentarians have approved Finance Minister Mthuli Ncube's proposal to introduce a 10% tax on gross winnings from sports betting, marking a significant step in the growing Zimbabwean sports bettin...Published: 14 Dec 2024 at 10:46hrs | 184 | by Staff reporter
Load More Stories
