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Mnangagwa's govt clarifies scope of crackdown on smuggled goods
Tafadzwa Muguti, Permanent Secretary for Presidential Affairs in the Office of the President, has clarified that the ongoing crackdown on smuggled goods is primarily targeting shops and businesses, no...Published: 12 hrs ago | 539 | by Staff reporter
Zimbabwean Nationals are a target of international cyber criminals
As more and more Zimbabweans embrace the digital economy, the rise of cybercrime has become a significant concern for its citizens. With increasing internet penetration, more individuals are engaging ...Published: 20 Dec 2024 at 12:19hrs | 275 | by Jacob Kudzayi Mutisi
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 387 | by Staff reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 987 | by Innocent Mujeri
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 | 1815 | by Staff reporter
Bulawayo City Council cuts water supplies to schools
The Bulawayo City Council (BCC) has intensified its debt recovery efforts, cutting off water supplies to 59 schools in a bid to recover outstanding payments. This bold move comes as the local authorit...Published: 15 Dec 2024 at 09:14hrs | 458 | 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 | 413 | by Staff reporter
Zimbabwe's banking sector sees surge in US dollar deposits
Zimbabwe's banking sector has experienced a remarkable increase in confidence, with foreign currency deposits rising by 13% to US$2.64 billion in October 2024, compared to the same period in 2023. Thi...Published: 14 Dec 2024 at 12:35hrs | 2125 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 179 | by Staff reporter
Minister Mthuli's Anaconda Choke on the Informal Sector Marks the End of Zanu PF Rule
Zimbabwe's Minister of Finance, Mthuli Ncube, has taken drastic measures to clamp down on the informal sector, a move being described as an "anaconda chok...Published: 13 Dec 2024 at 19:15hrs | 1777 | by Kindred Sibanda
Zimbabwe clamps down on smuggling, counterfeit products
Authorities in Zimbabwe are intensifying efforts to combat the smuggling of consumer goods into the country and the proliferation of counterfeit and substandard products in the market to safeguard pub...Published: 13 Dec 2024 at 09:43hrs | 260 | by Staff reporter
'Counterfeits, financial instability imperil manufacturing sector'
Zimbabwean consumers are grappling with increasing difficulties, including the proliferation of counterfeit goods and financial instability, as the country's manufacturing sector struggles to grow. Pa...Published: 13 Dec 2024 at 09:39hrs | 46 | by Staff reporter
Mnangagwa commissions Varum push carts
President Emmerson Mnangagwa yesterday officially commissioned two new manufacturing lines at Varun Beverages (Zimbabwe) (Pvt) Ltd, a move set to boost the production capacity of Aquaclear bottled wat...Published: 10 Dec 2024 at 07:04hrs | 790 | by Staff reporter
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 651 | by Staff reporter
Major crackdown on smuggling launched
A multi-agency operation targeting small businesses and cross-border transporters involved in smuggling and unethical practices has led to the impounding of dozens of vehicles, including buses and hau...Published: 08 Dec 2024 at 09:49hrs | 145 | by Staff reporter
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1271 | by Staff reporter
Beitbridge route buses withdraw services
Hundreds of travelers, primarily cross-border traders and shoppers, were left stranded in Beitbridge on Wednesday as bus operators withdrew their services, fearing that their buses would be impounded ...Published: 06 Dec 2024 at 06:38hrs | 7515 | by Staff reporter
Zimbabwe farmers turn to maggots to survive drought
At first, the suggestion to try farming maggots spooked Mari Choumumba and other farmers in Nyangambe, a region in southeastern Zimbabwe where drought wiped out the staple crop of corn.After m...Published: 02 Dec 2024 at 07:28hrs | 1702 | by Staff reporter
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3483 | by Staff reporter
Zanu-PF is the big monster
AS recent as last week, Elon Musk's fortune had swelled to a stupendous and eye-watering US$348 billion, making him probably the richest man on the planet.It is just obscene that one person's ...Published: 01 Dec 2024 at 08:25hrs | 299 | by Bishop Lazarus
Breakthrough as 720MW Titan Power Plant Project scheduled for December 2 launch
A ground-breaking ceremony for the 720MW Titan Power Plant Project is scheduled for 2 December 2024 at Hwange Power Station, marking a pivotal moment in Zimbabwe's quest for energy self- sufficiency. ...Published: 29 Nov 2024 at 14:39hrs | 1822 | by George Tshuma
Elon Musk's Starlink ordered to cease operations in Namibia
The Communications Regulatory Authority of Namibia said on Thursday it has issued a cease-and-desist order to Elon Musk's satellite internet provider Starlink for operating in the country without a li...Published: 29 Nov 2024 at 09:09hrs | 1342 | by Staff reporter
Zimbabwe introduces taxes on pizza, burgers, fries
Finance Minister Mthuli Ncube has announced a new 0.5% tax on fast foods and a 10% withholding tax on sports betting winnings, set to take effect on January 1, 2025. The measures, unveiled during...Published: 28 Nov 2024 at 16:17hrs | 2144 | by Staff reporter
NOIC plans to boost pipeline capacity to 5 billion litres annually
The National Oil Infrastructure Company of Zimbabwe (NOIC) has unveiled plans to significantly increase the country's fuel pipeline capacity to five billion litres per year by 2026. This ambitious pro...Published: 28 Nov 2024 at 06:51hrs | 721 | by Staff reporter
Zimbabwe steps up fight against smuggled goods
The Zimbabwean Government has intensified efforts to combat the smuggling and trade of counterfeit products that threaten public health and undermine the economy, Industry and Commerce Minister Mangal...Published: 27 Nov 2024 at 06:38hrs | 84 | by Staff reporter
Zimbabwean inflation slows
Zimbabwe's monthly inflation rate slowed for the first time in four months, as volatility that's plagued the nation's gold-backed ZiG currency shows signs of ebbing.Consumer prices rose 11.7% ...Published: 26 Nov 2024 at 19:37hrs | 449 | by Staff reporter
ZERA enforces ethanol blending mandate amidst controversy
The Zimbabwe Energy Regulatory Authority (ZERA) has reaffirmed its directive for full compliance with Statutory Instrument 150 of 2024, which mandates the blending of anhydrous ethanol with unleaded p...Published: 26 Nov 2024 at 14:16hrs | 1887 | by Staff reporter
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11678 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 194 | by Staff reporter
Zimbabwe achieves record wheat harvest
Zimbabwe has achieved a record-breaking wheat harvest of over 560,000 tonnes for the 2024 season, surpassing last year's production of 467,905 tonnes. This marks the second consecutive year the countr...Published: 24 Nov 2024 at 09:59hrs | 644 | by Staff reporter
UN General Assembly to debate sanctions on Zimbabwe
The United Nations General Assembly (UNGA) is set to formally debate the impact of illegal sanctions imposed on Zimbabwe by the United States, following the submission of two critical reports by the U...Published: 24 Nov 2024 at 09:58hrs | 228 | by Staff reporter
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
Zambezi lager in short supply
Delta Corporation Limited, Zimbabwe's leading producer of alcoholic beverages, has reassured consumers of ample supplies of its products during the upcoming festive season, following concerns over a r...Published: 23 Nov 2024 at 12:55hrs | 105 | by Staff reporter
Zimbabwe grapples with surge of dangerous fake and illicit alcohol
Zimbabwe is facing a major public health crisis as dangerous and illicit alcohol floods cities like Bulawayo. Among the most notorious is "njengu," a highly potent brew produced in makeshift backyard ...Published: 23 Nov 2024 at 12:53hrs | 205 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 573 | by Staff reporter
Zimbabwe and Zambia combine efforts to solve their power woes
Zimbabwe and Zambia are combining efforts to deal with their electricity crises, which have seen power cuts of up to 21 hours per day.With no load shedding for eight months, Eskom has asked So...Published: 20 Nov 2024 at 07:09hrs | 467 | by Staff reporter
Econet in aggressive 5G roll out
Econet Wireless Zimbabwe (EWZ), the country's leading mobile network operator, is continuing its aggressive rollout of 5G base stations as part of its strategy to solidify its position in the increasi...Published: 20 Nov 2024 at 07:08hrs | 661 | by Staff reporter
Human rights defender, Mupambi conferred with Honorary Doctorate
The prominent and outspoken human rights defender and social justice activist Abigale Mupambi has been conferred the Honorary Doctorate in Advocacy and Development by the Addulam Bible Institute and U...Published: 19 Nov 2024 at 19:09hrs | 808 | by Stephen Jakes
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 175 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 121 | by Staff reporter
There're now two Zimbabwes: One for a small elite and the other for millions of poor Zimbabweans
Over the past few years, Zimbabwe has reportedly experienced steady economic growth. According to government statistics, GDP growth rates have shown positive movement, suggesting that the coun...Published: 13 Nov 2024 at 22:05hrs | 583 | by Tendai Ruben Mbofana
ZESA singlehandedly destroying Zimbabwe: The shocking truth behind the power crisis
In Zimbabwe, there is a harsh reality that every citizen faces: power outages, or "load shedding," are an almost daily occurrence. Power cuts, sometimes lasting up to 18 hours, have become the...Published: 12 Nov 2024 at 21:07hrs | 3633 | by Tendai Ruben Mbofana
Why fuel prices are high in Zim
The Zimbabwe Energy Regulatory Authority (Zera) has attributed the country's high fuel pump prices to the substantial tax burden and levies applied to petrol and diesel, compared to other countries in...Published: 12 Nov 2024 at 11:00hrs | 1514 | by Staff reporter
Mozambique borders reopen as protests subside
Mozambique's border posts were reopened yesterday, and protests in Maputo and other cities have subsided - for now - as the country grapples with ongoing unrest following allegations of election fraud...Published: 11 Nov 2024 at 07:14hrs | 758 | by Staff reporter
Zimbabwe targets 2,100MW renewable energy by 2030
The Zimbabwean government has reaffirmed its commitment to advancing renewable energy solutions, aiming to achieve 1,100 megawatts (MW) from renewable energy sources by 2025 and 2,100 MW by 2030. Thes...Published: 11 Nov 2024 at 07:03hrs | 255 | by Staff reporter
High interest rates choking Zimbabwe currency borrowing
Listed clothing retailer, Edgars Stores Limited, has reported a resilient performance for the half-year period ending July 7, 2024, despite the ongoing economic setbacks and high interest rates that c...Published: 10 Nov 2024 at 11:02hrs | 182 | by Staff reporter
Zimbabwe foreign currency reserves rise to US$500m
Zimbabwe's foreign currency reserves backing its local currency, the Zimbabwe Gold (ZiG), have surged past US$500 million, tripling the total amount of ZiG in circulation. This development is expected...Published: 10 Nov 2024 at 10:41hrs | 170 | by Staff reporter
South Africans lost R1 billion to digital banking fraud
Money lost by South Africans to digital banking fraud increased from R735,000 in 2022 to R1.1 billion in 2023 - a 47% increase.This is according to the South African Banking Risk Centre's (Sab...Published: 08 Nov 2024 at 16:33hrs | 631 | by Staff reporter
The criticism of the Bosso supporters boycott by Jaravaza is myopic
The recent discourse surrounding the Highlanders Football Club supporters' boycott of games has engendered a cacophony of opinions, yet none are as misguided as the assertion that this boycott is orch...Published: 05 Nov 2024 at 14:41hrs | 610 | by Ezra Tshisa
The criticism of the Bosso supporters boycott is myopic
The recent discourse surrounding the Highlanders Football Club supporters' boycott of games has engendered a cacophony of opinions, yet none are as misguided as the assertion that this boycott is orch...Published: 05 Nov 2024 at 10:35hrs | 990 | by Ezra Tshisa Sibanda
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