Search / Currency
Education Minister to personally monitor school reopening nationwide
Primary and Secondary Education Minister Torerai Moyo has announced plans to personally visit schools across the country this week to ensure a smooth start to the second term, amid common concerns aro...Published: 2 hrs ago | 111 | 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: 13 hrs ago | 346 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 18 hrs ago | 1105 | by Staff reporter
Tanganda wins US$47,000 tea dispute
Tanganda Tea Company has won a long-running legal battle at the High Court of Zimbabwe against trader Darlington Matsitukwa, over an unpaid foreign currency debt for tea products sold for resale in Ma...Published: 09 May 2025 at 11:04hrs | 473 | by Staff reporter
Zimbabwe records 62,5% rise in gold deliveries
Zimbabwe's gold sector continues to perform exceptionally well, with April 2025 gold deliveries reaching a remarkable 3.9 tonnes, marking a 62.5% increase from the 2.4 tonnes recorded during the s...Published: 08 May 2025 at 16:05hrs | 226 | by Staff reporter
Zimbabwe banker, SA banks implicated in R2 billion electoral scandal
A top Zimbabwean banker is at the centre of the nearly R2 billion Zimbabwe Electoral Commission (ZEC) tender scandal involving a South African printing company paid R1.2 billion by the Harare governme...Published: 08 May 2025 at 09:58hrs | 2259 | by Roland Mpofu I iol
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 | 283 | by Staff reporter
SECZim raises awareness on financial crime
The Securities and Exchange Commission of Zimbabwe (SECZim) has reaffirmed its commitment to bolstering regulatory compliance and integrity within the financial sector through robust capacity-building...Published: 08 May 2025 at 09:39hrs | 34 | by Staff reporter
African Sun tables aggressive refurbishment initiatives
Leading hospitality group African Sun Limited (ASL) has announced an ambitious refurbishment program aimed at boosting its competitive edge on the global tourism stage, despite economic headwinds and ...Published: 07 May 2025 at 09:51hrs | 141 | by Staff reporter
Who Owns the Future When the Youth Are Just Campaign Props?
Every election season in Zimbabwe brings with it a familiar theatre: politicians parading youth like trophies, cladding them in party regalia, praising their energy, and promising them a future that n...Published: 05 May 2025 at 23:21hrs | 166 | by Kumbirai Thierry Nhamo
Rental income dominates First Mutual Properties revenue
First Mutual Properties (FMP) says rental income remains its primary source of revenue, with the property investment firm intensifying efforts to diversify both its tenant base and portfolio to streng...Published: 05 May 2025 at 15:56hrs | 86 | 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
Zimbabwe restricts steel imports
The Zimbabwean government has introduced new restrictions on the importation of specific steel products, requiring importers to obtain licences before bringing them into the country, in a move designe...Published: 02 May 2025 at 19:44hrs | 613 | by Staff reporter
ZANU PF succession battles open window of opportunity for Matabeleland breakaway
Zimbabwe Independence Day Celebrations on 18 April 2025 marked 132 years of Matabeleland oppression. Firstly by the British South Africa Company, 1893- 1980, under the rule by coquest, secondly by the...Published: 02 May 2025 at 09:33hrs | 1322 | by Israel Dube
Chamisa slams 'working poverty'
Opposition leader Nelson Chamisa has strongly condemned the "slavery-like" conditions faced by Zimbabwean workers, vowing to prioritise worker welfare and restore dignity to the country's labour force...Published: 02 May 2025 at 08:06hrs | 579 | by Staff reporter
FAO supports Zimbabwe's 2030 vision
The United Nations' Food and Agriculture Organisation (FAO) is spearheading efforts to transform Zimbabwe's agricultural sector with a bold vision aimed at ensuring food security and economic resilien...Published: 01 May 2025 at 08:48hrs | 394 | by Staff reporter
Restoring African Identity
Africa is a vast and diverse place. It has the ability to feed its own people through effective agricultural practices. Its natural resources are critical to economic development.Efficient res...Published: 30 Apr 2025 at 09:13hrs | 163 | by Leonard Koni
CBZ hails Zimbabwe's less volatile economy
CBZ Holdings Limited has praised Zimbabwe's improving economic environment and easing inflationary pressures, which have played a key role in the financial institution achieving a profit of ZWG537.5 m...Published: 30 Apr 2025 at 07:15hrs | 162 | 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 | 282 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 640 | by Staff reporter
Stay aways won't work in Zimbabwe
At the end of March 2025, Zimbabwe's urban areas were eerily quiet as citizens stayed away from their workplaces, businesses, and other activities in what was expected to be a nationwide protest. Howe...Published: 28 Apr 2025 at 12:43hrs | 6236 | 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 | 469 | by Staff reporter
Zimbabwe courts energy sector investors
Zimbabwe is seeking to attract US private sector investment to rejuvenate its energy sector, with key Government officials outlining an ambitious blueprint for the future during the World Bank's Sprin...Published: 28 Apr 2025 at 12:18hrs | 26 | by Staff reporter
Chiyangwa in court for defrauding Guramatunhu of over US$500k in cryptocurrency
A 31-year-old man from Harare, Lloyd Chiyangwa, appeared before regional magistrate Mr. Donald Ndirowei on Friday, facing fresh money laundering charges after allegedly defrauding prominent eye surgeo...Published: 28 Apr 2025 at 12:17hrs | 152 | by Staff reporter
ZiG monthly inflation rate up by 0,7%
Zimbabwe's new currency, Zimbabwe Gold (ZWG), recorded a slight inflation decline of 0.7% in April 2025, while the United States dollar (USD) also saw a modest depreciation of 0.2%, according to the Z...Published: 26 Apr 2025 at 10:44hrs | 522 | by Staff reporter
Poor remuneration of academic staff at state universities a national crisis
THE poor remuneration and deplorable conditions of service for academic staff at Zimbabwe's state universities, which has led to the highly publicised indefinite strike by the teaching staff at the Un...Published: 26 Apr 2025 at 10:14hrs | 733 | by Prof Jonathan Moyo
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 82 | by Staff Reporter
UZ lecturers begin indefinite strike
Lecturers at the University of Zimbabwe (UZ) have declared an indefinite strike, demanding a return to pre-2018 salary levels and improved conditions of service, following a successful court bid to pr...Published: 25 Apr 2025 at 07:26hrs | 166 | by Staff reporter
Tobacco crop under threat from fungal disease
Zimbabwe's tobacco farmers are facing a major crisis as a destructive fungal disease, Fusarium Wilt and Root Rot (FWRR), spreads across fields, threatening the country's lucrative tobacco industry....Published: 25 Apr 2025 at 07:24hrs | 80 | by Staff reporter
Court orders company to refund US$552,281 to Fidelity Gold Refinery
The High Court has ordered Curechem Overseas to refund US$552,281 to Fidelity Gold Refinery following a dispute over an agreement to supply small-scale miners with gold chemicals. The ruling comes aft...Published: 24 Apr 2025 at 07:29hrs | 306 | by Staff reporter
Foreign currency dealer shot, robbed
A foreign currency dealer was shot and robbed of US$2 000 on Tuesday evening in what police suspect was a targeted armed robbery, marking the second such incident in just over a month.Mr. Shad...Published: 24 Apr 2025 at 07:21hrs | 451 | by Staff reporter
2 arrested for possession of US$1 500 in counterfeit notes in Zimbabwe
Two Bulawayo men, Pardon Chinhengo (29) from Barharm Green suburb and Clifford Sidingani Ndlovu (49) from Nketa 7 suburb, appeared in court on Wednesday after being found in possession of US$1,500 in ...Published: 24 Apr 2025 at 07:21hrs | 209 | by Staff reporter
Tobacco farming expands to Matebeleland South
Zimbabwe's tobacco sector is seeing renewed growth in previously untapped regions, with Matebeleland South emerging as a promising new frontier for the country's second-largest foreign currency earner...Published: 24 Apr 2025 at 07:09hrs | 105 | by Staff reporter
UK firm secures US$5m to fund gold mines in Zimbabwe
United Kingdom-based mining firm Kavango Resources Plc has secured a US$5 million interest-free funding facility from the Comarton Managed Pension Funds' Investments Consortium to accelerate its gold ...Published: 24 Apr 2025 at 07:08hrs | 141 | by Staff reporter
Zimbabwe rural industrialisation is underway
It is important that I begin by highlighting the changing face of rural industrialisation in Zimbabwe.My kick-off point is the advent of the Land Reform Programme as of Year 2000.With ...Published: 23 Apr 2025 at 22:44hrs | 551 | by Chris Mutsvangwa
Supreme Court awards UZ bursar US$320,000
A former bursar of the University of Zimbabwe (UZ), Vengai Mugabe, has been awarded US$323,046 in damages after a lengthy legal battle over his dismissal in 2018. Mugabe was fired after he refused to ...Published: 23 Apr 2025 at 08:34hrs | 988 | by Staff reporter
Bulawayo doctor acquitted in US$38,500 maintenance case
A prominent Bulawayo medical practitioner, Dr Nkonzo Ndebele, has been acquitted of charges related to the non-payment of US$38,500 in child maintenance. The 59-year-old doctor, from Bellevue suburb, ...Published: 23 Apr 2025 at 08:32hrs | 357 | by Staff reporter
What Is Independence Without Freedom? - UFP
Fellow Zimbabweans, our nation marks 45 years of independence, a moment that should be cause for pride, joy and celebration. But I come before you not by ...Published: 22 Apr 2025 at 13:49hrs | 726 | by UFP
Tobacco sales rake in US$279m
Zimbabwean tobacco farmers have earned US$279 million from the sale of 81.3 million kilogrammes of flue-cured tobacco so far this season, as the industry intensifies efforts to locally process at leas...Published: 22 Apr 2025 at 07:36hrs | 44 | by Staff reporter
Chiefs, Churches unite to promote religious tourism
CHIVHU - As custodians of culture working closely with clergymen, several chiefs and indigenous churches in Chikomba District (Mashonaland East province) coalesced into establishing infrastructures wh...Published: 21 Apr 2025 at 12:05hrs | 343 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chikomba
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 239 | by Staff reporter
Modi acquires Choppies Zimbabwe for US$260,000 after selling it for US$22 million
Deputy Industry Minister and prominent businessman Raj Modi has acquired Choppies Zimbabwe for just US$260,000, marking a dramatic turn in the retail chain's fortunes more than a decade after the Bots...Published: 17 Apr 2025 at 20:46hrs | 2710 | by Staff reporter
ZDF distances itself from arrested former Air Force officer in UZ salary strike
The Zimbabwe Defence Forces (ZDF) has moved swiftly to distance itself from the actions of retired Group Captain Boncace Mwakorera, a former Air Force of Zimbabwe officer, who was arrested yesterday a...Published: 17 Apr 2025 at 20:30hrs | 1527 | by Staff reporter
Zimbabwe lifts exchange rate controls
Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...Published: 17 Apr 2025 at 07:36hrs | 11431 | 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 | 177 | 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
Bulawayo council officer vanishes after church booking fraud exposed
A Bulawayo City Council clerical officer has reportedly gone absent without official leave (AWOL) after being implicated in a church booking scam that cost the council over US$2,000 in losses....Published: 16 Apr 2025 at 22:55hrs | 883 | by Staff reporter
University Zimbabwe lecturers arrested over salary protest
Three University of Zimbabwe (UZ) lecturers were arrested by police on Wednesday after staging a protest over poor remuneration at the university's campus in Harare.The lecturers, who are part...Published: 16 Apr 2025 at 22:47hrs | 115 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 84 | by Staff reporter
Zimbabwe steel production cuts import reliance
A monumental step forward for Zimbabwe's import substitution strategy has been achieved with the commencement of extensive finished steel production at the Dinson Iron and Steel Company (Disco) plant ...Published: 15 Apr 2025 at 08:43hrs | 1040 | by Staff reporter
Load More Stories