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IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 420 | 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
ZNCC calls for urgent policy reform
The Zimbabwe National Chamber of Commerce (ZNCC) has issued a strong call for urgent policy reforms to revive the country's struggling economy, warning that businesses cannot thrive under the current ...Published: 31 May 2025 at 13:48hrs | 70 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 718 | by Staff reporter
Zimbabwe's economic reforms gain momentum with IMF deal
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has announced that Zimbabwe expects to secure a Staff Level Agreement (SLA) with the International Monetary Fun...Published: 28 May 2025 at 10:38hrs | 94 | by Staff reporter
No end in sight to Zimbabwe's electricity crisis
Zimbabwe is currently grappling with a severe energy crisis, characterized by daily load-shedding lasting up to 16 hours. Meanwhile, neighboring Zambia remains cautiously optimistic about easing its p...Published: 24 May 2025 at 10:59hrs | 286 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 611 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 16 May 2025 at 15:03hrs | 667 | 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 | 99 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 72 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 821 | by Staff reporter
Zimbabwe ramps up power generation to 1 553MW
The Zimbabwe Power Company (ZPC) has significantly increased the nation's electricity output, generating 1,553 megawatts (MW) on May 2, 2025 - up from 1,304MW the previous day - bringing relief to con...Published: 03 May 2025 at 08:34hrs | 802 | by Staff reporter
Zimbabwe's maize production to fall short by 10-15%
Zimbabwe's maize production for the 2024/25 agricultural season is expected to fall short of the country's national requirements by 10% to 15% due to prolonged dry spells and erratic rainfall, accordi...Published: 24 Apr 2025 at 07:32hrs | 279 | by Staff reporter
Zimbabwe's mineral revenues decline despite volume surge
Zimbabwe's mining sector delivered a mixed performance in the first quarter of 2025, with mineral export volumes registering notable growth, but overall revenues falling sharply. This is according to ...Published: 17 Apr 2025 at 07:34hrs | 178 | by Staff reporter
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 78 | by Dr Bekithemba Mpofu
'Buy Zimbabwe' won't work until local products meet quality standards
To "Buy Zimbabwe" or not to buy Zimbabwe - that is the question! The recent signing of a Memorandum of Understanding between Buy Zimbabwe and the Content Creators Association of Zimbabwe signa...Published: 12 Mar 2025 at 22:18hrs | 1181 | by Tendai Ruben Mbofana
Mukuru advocates for cashless economy
The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payme...Published: 09 Feb 2025 at 11:30hrs | 1439 | by Staff reporter
Chamisa disregards Gukurahundi: now fights in cahoots with Genocide perpetrator Chiwenga
This visceral loathing of Ndebele people. We have been saying multiple times that Chamisa is connected to Chiwenga and Zanu PF at several levels. Chatufa TV channels confirmed our fears about Chamisa'...Published: 30 Jan 2025 at 21:42hrs | 1247 | by Nomazulu Thata
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 279 | by Staff reporter
Kariba Dam water level rises slightly
The Zambezi River Authority (ZRA) has reported a steady rise in water levels at Kariba Dam, reaching 475.87 metres as of January 6, reflecting a 2.61% improvement in usable storage capacity for power ...Published: 13 Jan 2025 at 07:11hrs | 2339 | by Staff reporter
Zimbabwe struggles to tackle smuggling as festive season approaches
The Zimbabwean government has expressed concerns over its ability to combat smuggling during the festive season due to limited resources, particularly fuel, required to support the taskforce teams. St...Published: 19 Dec 2024 at 16:48hrs | 161 | by Staff reporter
FBC Bank introduces 24/7 deposit-taking ATMs in Zimbabwe
FBC Bank has unveiled a 'groundbreaking' service in Zimbabwe with the launch of Deposit-Taking ATMs, enabling customers to deposit cash into their individual accounts or FBC Mastercard Prepaid cards a...Published: 17 Dec 2024 at 15:23hrs | 1029 | by Staff reporter
Merry Chiwenga-Mubayiwa: A spot-on definition of Gender-Based Violence
The physical pain that Merry is going through is not possible to share. However emotional torture is possible and empathize genuinely with Merry Chiwenga. She is going through a physical and mental to...Published: 11 Dec 2024 at 13:45hrs | 397 | by Nomazulu Thata
Revenue woes cripple Harare
The Harare City Council has collected only 40 percent of its targeted revenue for the first nine months of 2024, severely hampering its ability to deliver essential services. The council raised ZiG2.0...Published: 24 Nov 2024 at 09:57hrs | 163 | by Staff reporter
Zimbabwe finance ministry bans foreign trips
The Zimbabwean government is tightening its belt in response to a severe cash crunch as it approaches the end of 2024. Finance Secretary George Guvamatanga has announced measures aimed at curbing spen...Published: 18 Nov 2024 at 15:24hrs | 5553 | by Staff reporter
Zimbabwe cuts some spending items as ZiG drop hits budget
Zimbabwe's currency devaluation is forcing the government to cut spending on certain budget items.The country's Treasury asked government departments to prioritize their spending commitments f...Published: 18 Nov 2024 at 15:08hrs | 157 | by Staff reporter
Zimbabwe's second-largest city at risk of running dry by year-end
The taps in Zimbabwe's second-biggest city may run dry by the end of this year.Already, residents of Bulawayo have had to cope without piped water for at least five-and-a-half days a week and ...Published: 14 Nov 2024 at 09:55hrs | 439 | by Staff reporter
Zimbabwe govt launches major housing project in Matabeleland North
In a significant step toward its goal of providing affordable housing for all citizens, the Zimbabwean government has launched a new housing project in Emthunzini Township, Matabeleland North Province...Published: 19 Oct 2024 at 12:05hrs | 5988 | by Staff reporter
Chitungwiza in door-to-door drive to recover ZiG160m
The Chitungwiza Municipality has initiated a door-to-door exercise aimed at recovering approximately ZW$160 million owed by ratepayers. The program commenced on October 3 and will run until October 17...Published: 07 Oct 2024 at 08:04hrs | 2376 | by Staff reporter
Zimbabwe banks reduce lending as crisis persists
Zimbabwe's banking sector is facing significant challenges that have limited its ability to lend, according to the Bankers Association of Zimbabwe (BAZ). Key issues include the absence of a le...Published: 06 Sep 2024 at 14:41hrs | 218 | by Staff reporter
Bulawayo City Council approves US$6,5m building plans
In June, the Bulawayo City Council (BCC) approved building plans valued at US$6,523,808, marking a 32.95% increase from the previous month. A total of 328 building plans were processed, with 2...Published: 15 Aug 2024 at 08:36hrs | 237 | by Staff reporter
Clarity on Zimbabwe exemption permits deadline in South Africa
THE National Employers' Association of South Africa (NEASA) on Thursday provided clarity for all affected parties on the relevant deadlines and periods of validity of the the Zimbabwean exemption perm...Published: 08 Jul 2024 at 11:05hrs | 40 | by Agencies
Bleak outlook for Zimbabwe's consumers
Inter Horizon (IH) Securities, a prominent financial services firm, has released a sobering report on Zimbabwe's consumer spending patterns for 2024. The analysis paints a bleak picture, attributing t...Published: 07 Jul 2024 at 10:58hrs | 22 | by Staff reporter
Zimbabwe central bank dragged to court over forex
Linda Tsungirirai Masarira has filed an urgent High Court application against the Reserve Bank of Zimbabwe (RBZ), alleging that ordinary citizens are being unfairly constrained in accessing foreign cu...Published: 21 Jun 2024 at 11:30hrs | 18 | by Staff reporter
9 million Zimbabweans food-insecure
The number of individuals requiring food assistance continues to escalate, with the government reporting that around nine million people are food insecure and in need of aid until March 2025. ...Published: 28 May 2024 at 09:56hrs | 1 | by Staff reporter
'Influx of herbalists hindering cancer treatment'
Nothando Mutizira, head of oncology at Parirenyatwa Group of Hospitals, has raised concerns about the increasing reliance on herbalists, which she believes is hindering successful cancer treatment out...Published: 19 May 2024 at 10:24hrs | 3 | by Staff reporter
Bulawayo to decommission its second supply dam
THE Bulawayo City Council will this month decommission its second supply dam as the water situation in the city continues to deteriorate due to the El Nino-induced dry spell which resulted in below-av...Published: 07 Apr 2024 at 10:05hrs | 13 | by Staff reporter
Zimbabwean permits: Helen Suzman Foundation takes on Motsoaledi in Constitutional Court
The Helen Suzman Foundation (HSF) has gone to court to oppose a bid by Home Affairs Minister Aaron Motsoaledi to appeal against a ruling that he may not terminate the Zimbabwean Exemption Permit (ZEP)...Published: 21 Mar 2024 at 19:54hrs | 2 | by Staff reporter
Mr Kudzai Mutisi, the German 'Economic wonder' after the WW2 had multiple favourable factors!
I am writing this article as a reply to your article you wrote last week: My article is not in any way or form critiquing your own but including factors that must be known, but, however, adding to wha...Published: 20 Mar 2024 at 20:53hrs | 7 | by Nomazulu Thata
Mnangagwa a good farmer but then...
While Zimbabwean President Emmerson Mnangagwa's Precabe Farm in Sherwood, near Kwekwe, is doing well and is often used to showcase isolated success stories of the state-sponsored chaotic land reform p...Published: 13 Mar 2024 at 16:29hrs | 2 | by Staff reporter
Mnangagwa niece's legacy woes haunt ZBC
THE Zimbabwe Broadcasting Corporation (ZBC) is grappling with serious management challenges linked to Helliate Rushwaya - the newly appointed board chair - during her tenure as the acting chief execut...Published: 10 Mar 2024 at 06:51hrs | 25 | by Staff reporter
Aaron Motsoaledi takes his hatred of Zimbabwean permit holders to the ConCourt
Home Affairs Minister Aaron Motsoaledi is continuing with his court battles to scrap the Zimbabwean Exemption Permit (ZEP) programme. In June 2023, the Pretoria High Court ruled that the termi...Published: 07 Mar 2024 at 05:13hrs | 12 | by Staff reporter
Zimbabwe to use gold to back its currency
Zimbabwe is working on new measures to stabilise its local currency including linking the exchange rate to hard assets such as gold and creating a currency board, Finance Minister Mthuli Ncube said on...Published: 12 Feb 2024 at 11:31hrs | 2 | by Staff reporter
Matanga told to guard Chitando's docket
A FIRM embroiled in a fight for control of gold claims at a Bindura mine has petitioned the commissioner general of the Zimbabwe Republic Police (ZRP) Godwin Matanga, over a docket opened against form...Published: 02 Feb 2024 at 17:27hrs | 6 | by Staff reporter
Umzingwane Dam decommissioned
THE Bulawayo City Council has decommissioned Umzingwane Dam as its water levels are very low due to poor inflows during the last rainy season. The decommissioning process entails the closure o...Published: 05 Jan 2024 at 05:50hrs | 21 | by Staff reporter
Zimbabwe electricity production forecast to jump 17%
ZIMBABWE anticipates a 17,4 percent surge in electricity production this year, as the country seeks to reduce expensive imports and load shedding that negatively affected businesses and households in ...Published: 03 Jan 2024 at 05:25hrs | 10 | by Staff reporter
'Rains too late to stop Zimbabwe hunger'
A FAMINE monitoring agency says recent rains may have done little to avert a hunger crisis next year as indications show that over a million people are in need of food aid.The prolonged El Nin...Published: 31 Dec 2023 at 12:58hrs | 11 | by Staff reporter
Zimbabwe poised for record platinum haul
THE World Platinum Investment Council (WPIC) says Zimbabwe is on track to ramping up output of the white metal to an all-time high of 502 kilo ounces (koz) following massive investment by one of the c...Published: 02 Dec 2023 at 14:37hrs | 12 | by Staff reporter
Mthuli Ncube increases toll fees by 150% in US$ terms
Due to limited resources, Finance and Investment Promotion Minister, Mthuli Ncube, has presented a 2024 National Budget totaling ZWL58.2 trillion, implementing deep tax measures to address financial c...Published: 30 Nov 2023 at 20:08hrs | 14 | by Staff reporter
Depleted local food produce constrains access to income ahead of 2024 season: FEWS NET
The Famine Early Warning Systems Network (FEWS NET) has reported that depleted own-produced food stocks, has constrained access to income, and high food prices will likely drive Crisis (IPC Phase 3) o...Published: 27 Nov 2023 at 13:26hrs | 15 | by Stephen Jakes
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