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ZiG inflation rises to 92%
Zimbabwe's annual inflation measured in the local currency (ZiG) surged to 92.1% in May 2025, up from April's 85.7%, signaling growing challenges for the Reserve Bank of Zimbabwe (RBZ) in containing t...Published: 14 hrs ago | 523 | by Staff reporter
Harare City Council is dead, needs complete overhaul
Former chairperson of Harare City Council's audit committee, Councillor Blessing Duma, has delivered a scathing indictment of the local authority, declaring that "the council is dead" and requires not...Published: 14 hrs ago | 303 | by Staff reporter
Global Investment Conference for Africa 2025 to take place in Harare
Harare is set to host the Global Investment Conference for Africa (GICA) 2025 from September 11 to 13, bringing together prominent business leaders and investors from across the world.Organise...Published: 14 hrs ago | 26 | by Staff reporter
Refineries under threat as RBZ gulps more forex
Zimbabwe's biggest mining companies have sounded alarm bells over the potential suspension of crucial expansion projects - including refineries valued at over US$432 million - following the Reserve Ba...Published: 30 May 2025 at 12:18hrs | 475 | by Staff reporter
Zimbabwe misses €150 billion conditional funding from EU
Europe and Africa's strategic partnership has entered an exciting new phase, with both continents reaffirming their commitment to deepen economic cooperation and promote global peace. However, Zimbabw...Published: 30 May 2025 at 12:14hrs | 334 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 30 May 2025 at 12:10hrs | 72 | by Staff reporter
Zimbabwe's pension crisis: Full compensation for 2008 losses may take 100 years
Zimbabwe's pension funds have sounded the alarm over their inability to compensate retirees who lost their life savings during the 2008 economic collapse, warning that, at current fund levels, full re...Published: 30 May 2025 at 12:08hrs | 214 | by Staff reporter
Council bleeding funds over unrepaid travel allowances
Chinhoyi Municipality could be losing thousands of dollars amid revelations that councillors are benefiting from advance subsistence allowances for official trips they never undertook - and are not re...Published: 30 May 2025 at 08:54hrs | 117 | by Staff reporter
Black and White farmers rebuild Zimbabwe's agricultural ties
In a field rich with paprika plants near the heart of Zimbabwe, fourth-generation white farmer Daniel Burger and newcomer Miriam Mupambawashe - a black farmer who arrived with the land reforms of the ...Published: 30 May 2025 at 08:51hrs | 89 | by Staff reporter
Treasury delists defaulting suppliers, bans pre-payment of services due to non-delivery
The Ministry of Finance and Economic Development has blacklisted a number of suppliers who failed to deliver goods and services after receiving advance payments from the government, Permanent Secretar...Published: 30 May 2025 at 08:50hrs | 54 | 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 | 674 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 232 | by Staff reporter
'Zimbabwe could unlock US$9bn from retaken land'
The outgoing president of the African Development Bank (AfDB), Akinwumi Adesina, has revealed that Zimbabwe could unlock up to US$9 billion from land seized during the 2001 fast-track land reform prog...Published: 29 May 2025 at 10:24hrs | 207 | by Staff reporter
Zimbabwe's weighted inflation rate hits 0% in May
Zimbabwe's monthly weighted average inflation rate fell to 0 percent in May 2025, marking a significant step toward economic stability and price predictability across both local and foreign currency m...Published: 29 May 2025 at 10:12hrs | 102 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 413 | by `
There were no Zvigananda under Smith because Rhodesians loved Zimbabwe more than ZANU-PF!
There is something tragically ironic about the state Zimbabwe finds itself in today.A country that was once described by none other than former Tanzanian President Julius Nyerere as the "jewel...Published: 27 May 2025 at 20:45hrs | 1102 | by Tendai Ruben Mbofana
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 106 | by Staff reporter
Zimbabwe to officially open $88 million Trabablas Interchange
Zimbabwe is poised to celebrate a landmark achievement in its ambitious road infrastructure overhaul as the state-of-the-art Trabablas Interchange is set to officially open to traffic this Friday. The...Published: 26 May 2025 at 08:12hrs | 391 | by Staff reporter
Ugly fight over Rhodes' estate
Allegations have surfaced that suspected land barons are impersonating ZANU-PF officials in an attempt to seize properties belonging to the estate of Cecil John Rhodes' grandson, sparking a legal and ...Published: 26 May 2025 at 08:09hrs | 126 | by Staff reporter
Teachers petition Rights Commission over labour injustices
The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has filed a formal complaint with the Zimbabwe Human Rights Commission (ZHRC), accusing the government of systematically violating the rights o...Published: 26 May 2025 at 07:55hrs | 17 | by Staff reporter
Why were Zimbabweans left behind 45 years after independence, in the first place?
There's always something telling - yet deeply disturbing - about the mantras repeated by the Zimbabwean government.Yesterday, I watched a report on the state-controlled broadcaster in which th...Published: 24 May 2025 at 23:30hrs | 1364 | by Tendai Ruben Mbofana
Silent Killer says he doesn't owe UK SAMA Festival any apology
Zimdancehall artist Jimmy "Silent Killer" Mudereri has stirred fresh controversy after refusing to apologise for missing a scheduled UK performance, an act that has landed him in legal hot water with ...Published: 24 May 2025 at 09:07hrs | 141 | 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 | 606 | by Staff reporter
Biti warns of disaster if Tagwirei ascends to Zimbabwe's Presidency
Former opposition MP and finance minister Tendai Biti has sounded alarm over the possible political elevation of controversial businessman Kudakwashe Tagwirei, warning that his rise to the presidency ...Published: 22 May 2025 at 10:11hrs | 914 | by Staff reporter
Zimbabwe telecom companies hike tariffs
Zimbabwe's major telecommunications companies have announced long-anticipated increases in the prices of voice, data, and SMS bundles following regulatory approval by the Postal and Telecommunications...Published: 21 May 2025 at 19:55hrs | 371 | by Staff reporter
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1460 | by Staff reporter
Zimbabwe goes digital in livestock management
The Ministry of Lands, Agriculture, Fisheries, Water and Rural Development has officially launched the National Livestock Stock Card Initiative in Chidziva Village, Bindura, aiming to transform the li...Published: 19 May 2025 at 09:33hrs | 467 | by Staff reporter
Man killed over missing US$1
A 36-year-old Harare man, David Jambanja, has been formally charged with murder after his colleague, Tinashe Kapfunde, died following a brutal assault during an argument over a missing US dollar....Published: 19 May 2025 at 09:32hrs | 879 | by Staff reporter
Donor-dependent lawyers take Zimbabwe govt to court over PVO Act
The Zimbabwe Lawyers for Human Rights (ZLHR) has filed a landmark application at the High Court, seeking to have several provisions of the amended Private Voluntary Organisations (PVO) Act declared un...Published: 18 May 2025 at 15:17hrs | 740 | by Staff reporter
Zaoga's Ezekiel Guti University faces demolition?
The Zimbabwe Assemblies of God Africa (Zaoga) has filed an urgent chamber application with the High Court seeking to halt the eviction and demolition of the Zimbabwe Ezekiel Guti University (Zegu) in ...Published: 17 May 2025 at 17:34hrs | 5189 | by Staff reporter
Government investigating defiant school heads
The Ministry of Primary and Secondary Education has launched a crackdown on school heads who defied a government directive barring the expulsion of learners over unpaid fees, insisting that schools mu...Published: 17 May 2025 at 12:16hrs | 99 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 394 | by `
Lupane hospital construction clocks 25 years
The construction of Lupane General Hospital in Matabeleland North province, which began over 25 years ago, remains severely delayed due to prolonged non-payment of contractors, Health and Child Care D...Published: 16 May 2025 at 10:34hrs | 585 | by Staff reporter
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 69 | by Staff reporter
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 771 | by Staff reporter
Zimbabwe emerges as hotspot for scalable fintech solutions
Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...Published: 15 May 2025 at 09:23hrs | 294 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 203 | by Staff reporter
Battle over new NSSA boss intensifies
The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...Published: 14 May 2025 at 15:35hrs | 1283 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3818 | by Staff reporter
Zimbabwe's repetitive licensing fees to stop in 6 months
Industry and Commerce Minister, Mangaliso Ndlovu, has pledged that the government's efforts to reduce the burden of repetitive business licenses will come to fruition within the next six months, a mov...Published: 13 May 2025 at 10:32hrs | 10822 | by Staff reporter
Gwayi- Shangani Dam completion target in doubt, again
The ambitious Gwayi-Shangani Dam construction project, seen as a critical solution to Bulawayo's chronic water shortage, may not meet its 2025 completion target due to continued delays in the release ...Published: 13 May 2025 at 10:30hrs | 2310 | by Staff reporter
Zimbabwe's Trabablas Interchange to open this May
The long-awaited Trabablas Interchange Construction Project is in its final stages and is set to officially open to traffic this May, bringing much-needed relief to motorists and commuters who have lo...Published: 13 May 2025 at 10:29hrs | 3712 | by Staff reporter
Zimbabwe schools warned against refusing ZiG
The government has issued a stern warning to schools that refuse to accept payment in the Zimbabwean Dollar (ZiG), stressing that such actions will result in disciplinary measures. This directive, whi...Published: 13 May 2025 at 10:15hrs | 161 | by Staff reporter
Guvamatanga faces summons threat after snubbing Parliament
Zimbabwe's Finance Ministry permanent secretary George Guvamatanga is facing the threat of a parliamentary summons after he failed to appear before the Public Accounts Committee (PAC) for the second t...Published: 13 May 2025 at 09:58hrs | 108 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 99 | by Staff reporter
Why Zimbabweans should worry about our relationship with Belarus
How is it that Zimbabwe consistently chooses to engage with questionable figures?President Emmerson Mnangagwa is in Minsk for a working visit, marking his third trip to Belarus since assuming ...Published: 12 May 2025 at 19:32hrs | 705 | by Tendai Ruben Mbofana
AMH employees receive zero earnings after salary cuts and forced leave
Some employees at Alpha Media Holdings (AMH), one of Zimbabwe's leading private media companies, have received zero net earnings in the Zimbabwe Gold (ZiG) component of their salaries for two consecut...Published: 11 May 2025 at 19:47hrs | 786 | by Ndou Paul
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: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Mzinyathini gardens housing project halted
Hundreds of home-seekers involved in the multi-million-dollar Mzinyathini Gardens housing project are facing uncertainty after the Umguza Rural District Council (RDC) ordered an immediate halt to all ...Published: 11 May 2025 at 12:33hrs | 468 | by Staff reporter
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