Search / Economic
Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 3 hrs ago | 77 | by Staff reporter
Ziyambi says no urgent need for civil servants' cost-of-living adjustment
Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi has dismissed calls for an urgent review of civil servants' cost-of-living allowances, citing what he described as stable inflation le...Published: 3 hrs ago | 82 | by Staff reporter
STI hotspots emerge amid mobile and mining communities
Despite national statistics showing no significant rise in HIV and Sexually Transmitted Infections, the Ministry of Health and Child Care has identified worrying increases in certain hotspot areas, pa...Published: 15 hrs ago | 258 | by Staff reporter
Zimbabwe urged to bolster R&D and Resilience in move toward NDS2
Zimbabwe's economy could take a major leap forward - if it boosts research, innovation, and industrial resilience, experts say. The Zimbabwe Competitiveness Report has sparked calls for all sectors to...Published: 16 hrs ago | 34 | by Gideon Madzikatidze/Simbarashe Sithole
An open letter to Chimhama: are you in South Africa?
Dear Madam Chimhama, I hope I find you well, daughter of the African soil!I am writing this letter because I am deeply concerned about your utterances of violence in your video yo...Published: 16 Jul 2025 at 16:04hrs | 450 | by Nomazulu Thata
Harare among Africa's least liveable cities
The annual report, compiled by the Economist Intelligence Unit (EIU), measures cities based on stability, healthcare, education, infrastructure, and environment, key indicators that affect overall qua...Published: 16 Jul 2025 at 13:14hrs | 465 | by Staff reporter
Zimbabwe teachers join night-time gold rush
In a startling development highlighting Zimbabwe’s worsening economic crisis, teachers from Fusira, Musvovi, and Madzivanyika schools in Masvingo South have reportedly joined illegal gold panning ac...Published: 16 Jul 2025 at 13:11hrs | 628 | by Staff reporter
Corruption rife at Beitbridge border post
The Zimbabwe Anti-Corruption Commission (ZACC) has revealed that it has recorded 150 cases of corruption at the Beitbridge Border Post over the past four years, primarily involving collusion between Z...Published: 16 Jul 2025 at 07:43hrs | 1356 | by Staff reporter
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 491 | by Staff reporter
Harare to ban kombis, pirate taxis
The City of Harare has announced ambitious plans to ban commuter omnibuses (kombis) and pirate taxis (mishikashika) within the next three years, a move it says is part of efforts to transform the capi...Published: 16 Jul 2025 at 07:41hrs | 869 | by Staff reporter
Regime change foundation closes down
The Brenthurst Foundation, a Johannesburg-based think tank established and funded by the Oppenheimer family, known for funding regime change players...Published: 15 Jul 2025 at 22:12hrs | 662 | by Staff reporter
Zimbabweans must boycott vehicle licence renewals
Zimbabweans are no strangers to economic hardship, but the recent enforcement of the Broadcasting Services Amendment Act of 2025 marks a new low in government overreach - and it d...Published: 15 Jul 2025 at 22:02hrs | 878 | by Staff reporter
Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 426 | by Staff reporter
Kenya scraps visa requirements for African countries
Kenya has officially removed visa requirements for all African nations and most Caribbean countries, in a bold step aimed at fostering intra-African trade, tourism, and integratio...Published: 15 Jul 2025 at 21:53hrs | 462 | by Staff reporter
Mthwakazi doorsteps Ramaphosa over denied health services
Matabeleland-based secessionist political outfit, the Mthwakazi Republic Party (MRP), on Friday petitioned South African President Cyril Ramaphosa, calling for urgent intervention to stop the barring ...Published: 15 Jul 2025 at 08:28hrs | 975 | by Staff reporter
Govt workers stage a flash protest at Mthuli Ncube's office
Civil servants staged a flash protest yesterday at the New Government Complex before marching to the offices of the Ministry of Finance, Economic Development and Investment Promotion in Harare, pressi...Published: 15 Jul 2025 at 08:20hrs | 689 | by Staff reporter
Zimbabwe to Host Groundbreaking Technology Dialogue: Smart Zimbabwe Conference & Expo 2025
The Smart Zimbabwe Conference & Expo 2025 will be held from 17 to 18 July 2025 at the Golden Conifer Functions Venue, Harare, under the theme: "Smart Solutions, Smarter Economy: Integrating Global...Published: 14 Jul 2025 at 16:39hrs | 261 | by Ndou Paul
Mudenda calls for pro-poor budgeting to promote equity
Speaker of Parliament Jacob Mudenda has challenged legislators to ensure that public resources are equitably channelled towards programmes aimed at improving the livelihoods of citizens, emphasising t...Published: 14 Jul 2025 at 15:57hrs | 164 | by Staff reporter
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 721 | by Staff reporter
Matabeleland North embarks on waste water infrastructure overhaul
Urban councils in Matabeleland North have initiated a comprehensive programme to modernise waste water treatment and reticulation systems as part of efforts to improve environment...Published: 14 Jul 2025 at 07:56hrs | 124 | by Staff reporter
RBZ disburses ZiG350 million to key sectors
The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufac...Published: 14 Jul 2025 at 07:54hrs | 222 | by Staff reporter
'Surge in forex inflows a boon for ZiG stability'
Zimbabwe's foreign currency receipts surged by 22 percent to US$6 billion in the first five months of 2025, according to the Reserve Bank of Zimbabwe (RBZ), a development anal...Published: 14 Jul 2025 at 07:52hrs | 133 | by Staff reporter
Mnangagwa heads to Japan for World Expo 2025
President Emmerson Mnangagwa is expected to arrive in Japan today ahead of Zimbabwe's National Day celebrations at the World Expo 2025 Osaka, Kansai on Wednesday. His visit is...Published: 14 Jul 2025 at 07:49hrs | 126 | by Staff reporter
Zimbabwe adopts multi-pronged strategy to manage debt
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resource...Published: 14 Jul 2025 at 07:47hrs | 114 | by Staff reporter
Africa's inequality crisis: How government systems fuel corruption and entrench elitism
A recent Oxfam report has ignited renewed scrutiny of Africa's political and economic order, revealing a disturbing truth: while a handful of billionaires accumulate staggering wealth, hundreds of mil...Published: 14 Jul 2025 at 07:12hrs | 168 | by James Mathonsi
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1086 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 651 | by Staff reporter
Maphisa calls for Uhuru day celebrations to deliver development
Residents of Maphisa have called on the government to ensure that the hosting of the 2026 Independence Day celebrations at the growth point leads to meaningful and lasting development rather than serv...Published: 13 Jul 2025 at 16:10hrs | 191 | by Staff reporter
Zimbabwe police enlist Interpol in manhunt for Geza
The Zimbabwe Republic Police (ZRP) has intensified its search for fugitive war veteran and former Zanu-PF central committee member Blessed Geza, enlisting the assistance of Interpol and regional secur...Published: 13 Jul 2025 at 11:45hrs | 1138 | by Staff reporter
Hwange's new CBD takes shape
The Hwange Local Board (HLB) has officially launched a long-anticipated greenfield development project that will see the creation of a brand-new central business district (CBD), in a major step toward...Published: 13 Jul 2025 at 11:43hrs | 352 | by Staff reporter
Outcry over new Zinara vehicle exemption rules
There is growing outrage among Zimbabwean vehicle owners following the introduction of a new, cumbersome vehicle licence exemption policy by the Zimbabwe National Roads Administration (Zinara)....Published: 13 Jul 2025 at 11:42hrs | 563 | by Staff reporter
Victoria Falls in danger
One of Africa's most celebrated natural wonders, Victoria Falls, is facing mounting threats from climate-related water risks, particularly recurrent droughts, according to a newly released global anal...Published: 13 Jul 2025 at 11:39hrs | 568 | by Staff reporter
Zimbabwe prisoners sleeping on empty stomachs
Zimbabwe's prisons are grappling with a worsening humanitarian crisis, with inmates reportedly suffering from malnutrition and pneumonia due to overcrowding, poor diets, and a critical shortage of bla...Published: 13 Jul 2025 at 11:36hrs | 249 | by Staff reporter
Zimbabwe's poor women bear more children than the rich
A landmark report released by the United Nations Population Fund (UNFPA) has shed light on disparities in fertility rates among Zimbabwean women, revealing that poorer women tend to have significantly...Published: 13 Jul 2025 at 11:26hrs | 56 | by Staff reporter
Zimbabwe faces fertility decline
Zimbabwe is witnessing a steady decline in fertility rates as more citizens struggle to achieve their reproductive goals, a trend that mirrors global patterns highlighted in the 2024 State of the Worl...Published: 13 Jul 2025 at 11:09hrs | 88 | by Staff reporter
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 132 | by Staff reporter
Chivayo taxes shocker
Flamboyant businessman Wicknell Chivayo, one of Zimbabwe's most polarising public figures, has rubbished claims that his bank accounts have been garnished by tax authorities amid reports of a lifestyl...Published: 13 Jul 2025 at 11:07hrs | 698 | by Staff reporter
Biti's new political outfit: Another desperate stunt from a failed politician
Tendai Biti is back again, but instead of bringing something new or worthwhile to Zimbabwe's political landscape, he returns with yet another recycled and empty formation, now parading the once-insign...Published: 11 Jul 2025 at 15:29hrs | 3022 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 514 | by Staff reporter
Zimbabwe currency reserves backing ZiG climb to record
Gold and foreign-currency reserves backing Zimbabwe's bullion-linked monetary unit rose to a record in June, the central bank said.The reserves climbed to $731 million from $639 million in May...Published: 11 Jul 2025 at 08:55hrs | 959 | by Staff reporter
Harare crowned Zimbabwe's crime capital
Harare has officially emerged as Zimbabwe's crime capital, topping the list of prison admissions and leading all ten provinces in criminal activity, according to a damning new report from the Zimbabwe...Published: 11 Jul 2025 at 08:39hrs | 340 | by Staff reporter
US$300,000, 200 beasts raised for Zanu-PF Conference
ZANU-PF Manicaland Province has made significant headway in mobilising resources for the 25th Annual National People's Conference set to take place from October 13 to 18 at Mutare Polytechnic, with ov...Published: 11 Jul 2025 at 08:36hrs | 580 | by Staff reporter
Teacher truancy hits rural schools
A wave of teacher absenteeism has gripped rural schools across Manicaland Province, with educators reportedly abandoning their posts for urban business ventures, leaving learners stranded and lessons ...Published: 11 Jul 2025 at 08:30hrs | 475 | by Staff reporter
Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 81 | by Staff reporter
Bikita soap factory sparks ownership dispute
A long-abandoned soap factory in Majaya Village, Ward 32 under Chief Marozva in Bikita West has become the centre of a dispute between the local village head and members of the community who once oper...Published: 10 Jul 2025 at 20:41hrs | 362 | by Staff reporter
Gauteng-Limpopo bullet train takes another giant step
The planned "bullet train" between Gauteng and Limpopo has taken another step towards its eventual completion.The project, which was first announced in 2023 and is titled the Limpopo-Gauteng S...Published: 10 Jul 2025 at 13:08hrs | 589 | by Staff reporter
Trabablas Interchange cost US$114.3 million, not US$88m
Finance Minister Mthuli Ncube has revealed that the cost of the recently completed Trabablas Interchange in Harare was significantly higher than previously reported, confirming the total expenditure a...Published: 10 Jul 2025 at 12:40hrs | 432 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 174 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 247 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 304 | by Staff reporter
Load More Stories