Search / Economy
Varakashi tweets can never mask Zimbabweans' suffering under the Mnangagwa regime
There are some things under the sun that can never be defended or glossed over.The desperation of the ruling ZANU PF regime has never been more apparent than in its feverish attempt to strengt...Published: 13 Jun 2025 at 14:39hrs | 637 | by Tendai Ruben Mbofana
Zimbabwe govt, banks seal deal to help farmers secure title deeds
The Government has signed a landmark agreement with six banks to offer mortgage facilities that will enable farmers to acquire title deeds, access better financing, and advance agricultural developmen...Published: 13 Jun 2025 at 06:25hrs | 317 | by Staff reporter
Over 200 Bulawayo SMEs count losses after industrial site inferno
More than 200 small and medium entrepreneurs are grappling with the aftermath of a devastating fire that gutted their goods and machinery at the Save The Nation Industrial Site in Bulawayo on Mo...Published: 12 Jun 2025 at 19:07hrs | 380 | by Staff reporter
Zimbabwe central bank raises ZWG$5.9 billion via treasury bills
The Reserve Bank of Zimbabwe (RBZ) has raised ZWG$5.9 billion through Treasury Bill (TB) issuances and private placements in 2024, as the government intensifies its domestic borrowing to fund operatio...Published: 12 Jun 2025 at 19:00hrs | 151 | by Staff reporter
Mutambara urges Zimbabweans to upskill for AI-driven economy
Former Deputy Prime Minister Arthur Mutambara has issued a compelling call to action, urging Zimbabweans to commit to continuous learning and skills development in response to the transformative impac...Published: 12 Jun 2025 at 18:59hrs | 78 | by Staff reporter
Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe
The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...Published: 12 Jun 2025 at 18:59hrs | 335 | by Staff reporter
Fadzayi Mahere criticizes Nick Mangwana's spin on IMF economic assessment
Former Mt Pleasant legislator and constitutional lawyer Fadzayi Mahere has publicly rebuked Information Permanent Secretary Nick Mangwana for attempting to portray the International Monetary Fund's (I...Published: 12 Jun 2025 at 18:56hrs | 172 | by Staff reporter
Mnangagwa meets UK Minister for Africa
The United Kingdom's Minister for Africa, Lord Collins of Highbury, is scheduled to meet President Emmerson Mnangagwa today at State House in Harare.The high-level courtesy call signals a cont...Published: 11 Jun 2025 at 17:56hrs | 708 | by Staff reporter
Tagwirei emerges as political dark horse in Zanu-PF succession storm
Business mogul Kudakwashe Tagwirei, long known for his powerful behind-the-scenes role in Zimbabwe's political economy, has stepped firmly into the national spotlight with signs increasingly pointing ...Published: 11 Jun 2025 at 11:27hrs | 1716 | by Staff reporyter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 815 | by Staff reporyter
Gold rally is bringing new riches to rural Zimbabwe
In Filabusi, the streets are packed with BMW X5s and Land Rover Defenders, modern houses paid for in cash are springing up and whisky is only sold by the bottle in the small town's bars.The th...Published: 11 Jun 2025 at 09:43hrs | 1987 | by Ray Ndlovu
University of Zimbabwe withholds salaries of striking lecturers
The University of Zimbabwe (UZ) has withheld salaries for lecturers who have now clocked 58 days on strike, escalating tensions in a protracted pay dispute that has thrown the academic calendar into d...Published: 11 Jun 2025 at 09:03hrs | 270 | by Staff reporter
BCC forgoes US$14million revenue
The Bulawayo City Council (BCC) has decided to maintain its 2024 commercial non-domestic property tax tariffs for the 2025 financial year, foregoing potential revenue exceeding US$14 million.T...Published: 11 Jun 2025 at 08:31hrs | 218 | by Staff reporter
Zimbabwe's ZESA launches drone aviation training
In a landmark development aimed at strengthening Zimbabwe's energy and digital infrastructure, ZESA Holdings has launched its certified Aviation Training Organisation (ATO) and graduated 235 students ...Published: 10 Jun 2025 at 13:00hrs | 554 | by Staff reporter
Ramaphosa gets a R26.5bn World Bank loan
The World Bank has approved a $1.5 billion (approximately R26.5 billion) loan to support structural reforms aimed at boosting South Africa's infrastructure.The Washington-based lender sa...Published: 10 Jun 2025 at 10:14hrs | 805 | by Staff reporter
Mnangagwa meets IMF delegation amid worsening economic crisis
President Emmerson Mnangagwa yesterday held a high-level meeting with an International Monetary Fund (IMF) delegation currently in Zimbabwe for an Article IV Consultation, as the country grapples with...Published: 10 Jun 2025 at 10:10hrs | 857 | by Staff reporter
Bulawayo councillors raise alarm over tough business registration rules
Bulawayo city councillors have voiced serious concern over the stringent registration requirements imposed by the local authority on small business operators, warning that the rigid system is fuelling...Published: 10 Jun 2025 at 08:44hrs | 156 | by Staff reporter
Have Zimbabweans become Chivayo's wives?
Have we lost all self-respect?One of the most disturbing spectacles unfolding in Zimbabwe today is the humiliating spectacle of grown men and women - from all walks of life - openly begging co...Published: 09 Jun 2025 at 21:59hrs | 1115 | by Tendai Ruben Mbofana
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1048 | by Staff reporter
Zimbabwe to launch digital platform to fight counterfeit products
In a significant move to protect consumers and ensure fair trade, the Consumer Council of Zimbabwe (CCZ), in collaboration with the Ministry of Industry and Commerce, is preparing to launch a digital ...Published: 09 Jun 2025 at 12:39hrs | 204 | by Staff reporter
Zimbabwe gold deliveries surge 26% year-on-year
Zimbabwe's gold mining sector continues to demonstrate strong performance, with gold deliveries to Fidelity Gold Refinery (FGR) rising by 27.6 percent year-on-year in May 2025. A total of 3 488 kilogr...Published: 09 Jun 2025 at 12:38hrs | 120 | by Staff reporter
Extended tobacco stalk destruction date expires
The grace period granted to tobacco farmers to clear their fields of tobacco stalks and roots ended on June 5, and the Government has now intensified monitoring efforts to enforce compliance, with def...Published: 09 Jun 2025 at 08:40hrs | 118 | by Staff reporter
Bulawayo-Victoria Falls Road rehab begins without official tender winners
Preparations for the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road are now at an advanced stage, with detours under construction to maintain traffic flow during the works.The...Published: 09 Jun 2025 at 08:37hrs | 325 | by Staff reporter
Real empowerment means financial independence, not State handouts
PRESIDENT Emmerson Mnangagwa's recent unveiling of a US$500 000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widespread debate and scepticism....Published: 09 Jun 2025 at 08:34hrs | 52 | by Tendai Ruben Mbofana
WhatsApp's new feature might be a gift to con artists
There is a seductive appeal to the word "privacy." It conjures images of safety, control, and autonomy. It suggests a world in which one can participate without being exposed, speak without being watc...Published: 08 Jun 2025 at 21:57hrs | 676 | by Kumbirai Thierry Nhamo
Zimbabwean women make gains in property ownership
Women in Zimbabwe are making significant strides in securing access to economic resources such as land, property, and digital financial services, according to findings from the 2023–2024 Zimbabwe De...Published: 08 Jun 2025 at 13:30hrs | 185 | by Staff reporter
Turning the CIO into a party militia
It is 11am, Tuesday 3 June, 2025.A red Honda Fit notorious for political violence in Gutu District screeches to a halt and stops in the middle of the highway cowboy style.Clad in a blu...Published: 08 Jun 2025 at 13:23hrs | 368 | by Matthew Takaona
Harare vendors live in fear as Municipal police crackdowns intensify
The sudden silence before chaos is the hallmark of Harare's latest crackdown on informal street vendors. Municipal police, some in plainclothes, others in uniform, move swiftly and silently through cr...Published: 08 Jun 2025 at 12:05hrs | 63 | by Staff reporter
Zimbabwe to slash regulatory fees for beef, dairy and food processing sectors
The Government will soon gazette a revised schedule of regulatory fees for three key agricultural sub-sectors - beef, dairy and food processing - in a move designed to enhance the competitiveness of l...Published: 08 Jun 2025 at 11:55hrs | 120 | by Staff reporter
Mnangagwa wants Zimbabweans to embrace culture of responsible waste disposal
The capital's long-standing waste collection crisis is expected to ease significantly following the commissioning of the Geo Pomona Waste Sorting Plant, along with a fleet of refuse trucks and other e...Published: 08 Jun 2025 at 11:52hrs | 31 | by Staff reporter
Real empowerment means financial independence, not state handouts
The truth will set us free.President Emmerson Mnangagwa's recent unveiling of a US$500,000 cash payout to war veterans, under the guise of the War Veterans Empowerment Fund, has ignited widesp...Published: 07 Jun 2025 at 19:06hrs | 453 | by Tendai Ruben Mbofana
Zimbabwe issues first data controller licences
In a milestone moment for Zimbabwe's digital transformation agenda, the government on Thursday officially handed over Data Controller Licences to 570 organisations, marking the country's first formal ...Published: 07 Jun 2025 at 10:34hrs | 232 | by Staff reporter
Chrome mining boon for Shurugwi families
In a major step toward community empowerment and inclusive resource management, Shurugwi North legislator Joseph Mpasi has launched an ambitious mining initiative aimed at directly benefiting local fa...Published: 07 Jun 2025 at 10:31hrs | 116 | by Staff reporter
Econet starts on boarding clients to 5MW data centre
Econet Wireless Zimbabwe has announced it will start onboarding its corporate clients to its newly-commissioned, state-of-the-art 5 megawatt (MW) data centre in Harare at the end of this month, markin...Published: 07 Jun 2025 at 10:30hrs | 120 | by Staff reporter
Mnangagwa launches empowerment programme for war veterans
President Emmerson Mnangagwa today addressed veterans of Zimbabwe's liberation struggle at a high-profile interface meeting held at the City Sports Centre in Harare, where he officially launched the P...Published: 06 Jun 2025 at 14:46hrs | 920 | by Staff reporter
Zimbabwe railways revival is long overdue
For decades, the National Railways of Zimbabwe (NRZ) has been a shadow of its former self, crippled by chronic underinvestment, mismanagement, and neglect. Despite its critical role in the country's e...Published: 06 Jun 2025 at 12:07hrs | 117 | by Staff reporter
IPPs unveil 16 000MW power project in Zimbabwe
Private players are spearheading over 16,000 megawatts (MW) worth of power generation projects across Zimbabwe to help ease the country's worsening electricity shortage, Intensive Energy Users Group (...Published: 06 Jun 2025 at 12:06hrs | 177 | by Staff reporter
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | by Staff reporter
Zimbabwe mining offenders to lose titles under new enforcement drive
Mines and Mining Development Minister Winston Chitando has issued a stern warning to Zimbabwe's mining industry, declaring that operators who flout environmental and legal regulations will lose their ...Published: 06 Jun 2025 at 12:05hrs | 185 | by Staff reporter
Silent jobs massacre sweeps through Zimbabwe
A silent but brutal jobs massacre is sweeping across Zimbabwe's construction industry, as companies contracted by the government for key infrastructure projects plunge into financial turmoil due to ch...Published: 06 Jun 2025 at 12:04hrs | 259 | by Staff reporter
Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 06 Jun 2025 at 12:03hrs | 260 | by Staff reporter
U.S. Ambassador slams corruption in Zimbabwe
United States Ambassador to Zimbabwe, Pamela Tremont, has described corruption as a "cancer" that is depriving Zimbabweans of their national wealth and severely undermining trade and investment prospe...Published: 06 Jun 2025 at 09:41hrs | 182 | by Staff reporter
Zimbabwe doesn't need 249 years to fight corruption, Mr. Murwira!
The Zimbabwe government never ceases to amaze.During the recent United States Independence Day commemorations in Harare, the American ambassador to Zimbabwe, Pamela Tremont, described corrupti...Published: 06 Jun 2025 at 08:26hrs | 232 | by Tendai Ruben Mbofana
Zimbabwe: A country where a Ferrari can't travel!
We live in a curious country.In traversing Zimbabwe's diverse and often rugged landscapes, one cannot help but notice the overwhelming presence of Sport Utility Vehicles (SUVs). F...Published: 05 Jun 2025 at 22:30hrs | 8599 | by Tendai Ruben Mbofana
Has democracy failed in Zimbabwe?
This is the million-dollar question we all need to ask ourselves.Democracy, by its very nature, is a noble and necessary concept. It is anchored on the principle that every human ...Published: 05 Jun 2025 at 22:28hrs | 258 | by Tendai Ruben Mbofana
Europe's Role in Zimbabwe's Independence
As Zimbabwe continues to wrestle with its political identity and the legacy of its liberation struggle, one factor overlooked truth must be confronted, the war of liberation was not fought in isolatio...Published: 05 Jun 2025 at 22:26hrs | 245 | by Engineer Jacob Kudzayi Mutisi
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 1325 | by Trymore Sibanda
Zimbabwe showers rare praises on America
Zimbabwe's Foreign Affairs Minister Amon Murwira has extended rare and glowing praise to the United States of America, acknowledging its significant humanitarian and investment contributions throughou...Published: 05 Jun 2025 at 14:20hrs | 822 | by Staff reporter
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1944 | by Staff reporter
'ZWG inflation won't affect consumer purchasing power'
The Reserve Bank of Zimbabwe (RBZ) has downplayed alarm over the country's surging annual ZWG inflation, urging economic players to disregard year-on-year figures and instead focus on more reflective ...Published: 05 Jun 2025 at 10:07hrs | 76 | by Staff reporter
Load More Stories