Search / Economic
Dr Mncwango appointed as new secretary general
Jacob Zuma led uMkhonto weSizwe (MK) Party has appointed Dr Bongani Mncwango, a former executive at insurance giant Sanlam, as its new secretary-general, replacing Floyd Shivambu.The party als...Published: 14 hrs ago | 354 | by Staff reporter
Mutare hotels fully booked ahead of Hlanganani expo
Mutare's hotels and lodges are already fully booked ahead of the Sanganai/Hlanganani World Tourism Expo, set for September 10–12, forcing many visitors to search for alternative accommodation....Published: 16 hrs ago | 118 | by Staff reporter
Auxillia Mnangagwa's rehab centre overwhelmed
The drug and substance abuse rehabilitation centre established by First Lady Auxillia Mnangagwa in Mbare is struggling to cope with demand, with hundreds of addicts on a waiting list seeking help, hig...Published: 20 hrs ago | 240 | by Staff reporter
'ZiG outperforms regional peers'
The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...Published: 20 hrs ago | 224 | by Staff reporter
RBZ crackdown on money laundering
Following an intensive investigation into smuggling, money laundering, and financial externalisation, Zimbabwean authorities have launched a crackdown targeting several businesspeople and companies im...Published: 08 Aug 2025 at 09:15hrs | 495 | by Staff reporter
Zimbabweans pledge property for loans
Zimbabweans are increasingly pledging household items such as beds, fridges, and other personal property as collateral to secure small loans from financial institutions, highlighting the dire state of...Published: 08 Aug 2025 at 09:03hrs | 415 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 155 | by Staff reporter
UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 08 Aug 2025 at 08:58hrs | 568 | by Staff reporter
Zimbabwe's BMA in fresh drive to ditch sugar tax
The Beverage Makers Association (BMA) has renewed calls for the complete removal of Zimbabwe's Sugar Tax, warning that the levy threatens jobs, reduces formal manufacturers' tax contributions, and ero...Published: 08 Aug 2025 at 08:42hrs | 172 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 125 | by Staff reporter
Mnangagwa meets former US envoy Simbi Mubako
President Mnangagwa yesterday held back-to-back engagements at State House, first meeting academic and Zimbabwe's former Ambassador to the United States, Professor Simbi Mubako, before hosting Apostle...Published: 08 Aug 2025 at 08:24hrs | 198 | by Staff reporter
Bulawayo-Vic-Falls Road rehab to take 10 months
The rehabilitation of the Bulawayo-Victoria Falls Road is gaining significant momentum, with five contractors now actively working on different segments of the critical trade and tourism corridor. The...Published: 07 Aug 2025 at 20:15hrs | 873 | by Staff reporter
Zanu-PF warns affiliate organisations
Zanu-PF has issued a stern warning to its affiliate organisations, urging them to focus on mobilising new members for the party and refrain from causing divisions within its structures. The warning wa...Published: 07 Aug 2025 at 17:43hrs | 453 | by Staff reporter
POSB launches solar, Starlink loan scheme for schools
The People's Own Savings Bank (POSB) has launched an ambitious solar and Starlink internet loan scheme targeted at Zimbabwe's schools, marking a rare example of a local bank offering accessible, impac...Published: 07 Aug 2025 at 17:25hrs | 324 | by Staff reporter
Zimbabwe races to implement IMF-backed reforms
Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...Published: 07 Aug 2025 at 17:16hrs | 439 | by Staff reporter
Zimbabwe scales up crocodile exports
The Government of Zimbabwe has stepped up efforts to scale up crocodile farming and exports, focusing on Binga District as a key node in its agro-wildlife economy. The move comes amid growing global d...Published: 07 Aug 2025 at 17:14hrs | 242 | by Staff reporter
Zimbabwe's tobacco marketing season ends
The 2025 tobacco marketing season officially came to a close yesterday, marking a historic milestone for Zimbabwe's agricultural sector as the country posted record-breaking output and earnings. While...Published: 07 Aug 2025 at 17:12hrs | 137 | by Staff reporter
Kemi Badenoch is bad enough: Thanks to Socialist East Germany: GDR!
I was about 22 years old when I landed in East Germany on scholarship to study metallurgy. To put everything into context, I was facilitated with a Zapu PF scholarship to study in East Germany, a soci...Published: 07 Aug 2025 at 17:10hrs | 334 | by Nomazulu Thata
The Power of Mental Transformation: Unlocking Africa's Potential
Mental transformation is the key to unlocking Africa's potential and achieving success in various aspects of life. The mind is a powerful tool that can either limit or empower individuals, communities...Published: 07 Aug 2025 at 16:23hrs | 34 | by Tatenda Hwari
Chinese firm sues Zimbabwe police boss
A Chinese-owned mining firm, Jiayuan Investments, has taken Zimbabwe Republic Police (ZRP) Commissioner-General Shepherd Mutamba to court for contempt, accusing him of defying a High Court order to re...Published: 07 Aug 2025 at 14:27hrs | 401 | by Staff reporter
Mnangagwa ally disburses nearly US$200K to Zanu-PF affiliates
Special Advisor to the President, Dr Paul Tungwarara, has disbursed nearly US$200,000 from the Presidential Revolving Fund to eight Zanu-PF-affiliated groups in Masvingo Province, urging beneficiaries...Published: 07 Aug 2025 at 13:33hrs | 378 | by Staff reporter
Zimbabwe, China seal US$55m technical cooperation agreement
President Emmerson Mnangagwa on Wednesday presided over the signing of a US$55 million Economic and Technical Cooperation Agreement between Zimbabwe and China, in a move set to boost the country's dev...Published: 07 Aug 2025 at 09:22hrs | 113 | by Staff reporter
Court reinstates ex-Lobels bread foreman
The Labour Court has ordered the reinstatement of Christopher Rufaro Mashaire, a former Electrical Foreman at Lobels Bread, with full salary, benefits, and back pay after ruling that his 2021 dismissa...Published: 07 Aug 2025 at 09:16hrs | 428 | by Staff reporter
Zida launches eRegulations portal
The Zimbabwe Investment Development Agency (Zida) has launched a new digital platform, the eRegulations portal, aimed at reducing bureaucratic red tape and enhancing the quality and ease of doing busi...Published: 07 Aug 2025 at 09:12hrs | 40 | by Staff reporter
Zimbabwe's brief gold coin revival ends with little impact
Zimbabwe's central bank has ended its short-lived reintroduction of gold coins, citing high demand and rising international prices, but economists say the effort had little macroeconomic effect and of...Published: 07 Aug 2025 at 09:07hrs | 147 | by Staff reporter
Zimbabwe, Rwanda strengthen ties
The third session of the Zimbabwe-Rwanda Joint Permanent Commission on Cooperation (JPCC) concluded yesterday in Kigali with the signing of five Memoranda of Understanding (MoUs), marking a new chapte...Published: 07 Aug 2025 at 09:04hrs | 66 | by Staff reporter
Zimbabwe revises upwards agric sector growth to 21.1%
The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Niña w...Published: 07 Aug 2025 at 08:58hrs | 65 | by Staff reporter
Harare residents outraged over ban on pre-used clothes sales
Residents of Harare have voiced strong opposition to the government's abrupt ban on the importation and sale of second-hand clothes in the capital, describing the move as an "autocratic onslaught" tha...Published: 07 Aug 2025 at 08:55hrs | 156 | by Staff reporter
Zimbabwe govt licences more import assessors
The Government has expanded the Consignment Based Conformity Assessment (CBCA) Programme by appointing two additional service providers, effective 1 August 2025.The Ministry of Industry and Co...Published: 06 Aug 2025 at 22:11hrs | 270 | by Staff reporter
Plumtree renaming streets to reflect Kalanga history
The Plumtree Town Council has renamed several streets to reflect the town's deep Kalanga history and cultural identity. The initiative forms part of a broader urban renewal programme aimed at modernis...Published: 06 Aug 2025 at 22:00hrs | 528 | by Staff reporter
Mwaruwari distances self from cruise ship scam
Former Zimbabwe Warriors captain Benjani Mwaruwari has publicly disassociated himself from a fraudulent investment scheme circulating on WhatsApp, which falsely claims his involvement in a luxury crui...Published: 06 Aug 2025 at 21:57hrs | 425 | by Staff reporter
Zanu-PF rallies affiliates in push for citizen empowerment
The ruling Zanu-PF party is intensifying its engagement with affiliates as part of its drive to empower citizens economically, in line with its long-standing tradition of working with communities sinc...Published: 06 Aug 2025 at 12:58hrs | 111 | by Staff reporter
6 in 10 Zimbabweans consider leaving the country?
About six out of ten Zimbabweans are considering emigrating in search of better opportunities, as economic challenges continue to deepen across the country, a new Afrobarometer report shows.Th...Published: 06 Aug 2025 at 09:21hrs | 468 | by Staff reporter
Zimbabwe sees sharp rise in credit registry inquiries
Zimbabwe recorded a marked increase in credit registry inquiries between September 2024 and March 2025, with the most dramatic spike occurring in February this year, according to the Mid-Term Budget R...Published: 06 Aug 2025 at 09:15hrs | 378 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 187 | by Staff reporter
Govt faces backlash over night vending, pre-used clothes ban
Government is headed for a showdown with informal traders and vendors after announcing a ban on night vending and the sale of second-hand clothes in Harare's central business district.Local Go...Published: 06 Aug 2025 at 08:58hrs | 185 | by Staff reporter
Zimbabwe govt urged to act on speculative pricing
The Consumer Council of Zimbabwe (CCZ) has urged enhanced cooperation between the Ministry of Finance, the Reserve Bank of Zimbabwe (RBZ), and consumer rights bodies to tackle rampant speculative pric...Published: 06 Aug 2025 at 08:53hrs | 66 | by Staff reporter
Mnangagwa backs Victoria Falls cricket stadium project
President Emmerson Mnangagwa has reiterated his government's full backing of the construction of a world-class 10,000-seater cricket stadium in Victoria Falls, a major infrastructure project expected ...Published: 05 Aug 2025 at 18:32hrs | 562 | by Staff reporter
Jiri praises farmers at disputed Springs farm
Ministry of Lands, Agriculture, Fisheries, Water and Rural Development permanent secretary Obert Jiri last week officiated at a field day at the hotly contested Springs Farm in Mashonaland East Provin...Published: 05 Aug 2025 at 17:46hrs | 462 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 231 | by Staff reporter
Mnangagwa hands over SADC Chairmanship on August 17
The 45th Southern African Development Community (SADC) Summit of Heads of State and Government will be held in Antananarivo, Madagascar, on August 17, the regional bloc's Secretariat has confirmed....Published: 05 Aug 2025 at 09:05hrs | 499 | by Staff reporter
Magunje cement must follow established processes
Presidential Affairs and Devolution secretary Tafadzwa Muguti has raised alarm over suspected corruption in the licensing of a Chinese-owned cement and power plant project in Magunje, Mashonaland West...Published: 05 Aug 2025 at 08:55hrs | 157 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 57 | by Staff reporter
Zanu-PF consolidates power in by-elections
Opposition political parties in Zimbabwe have struggled to nominate candidates in several recent by-elections, raising concerns about the weakening of democratic forces challenging the ruling Zanu-PF ...Published: 05 Aug 2025 at 08:39hrs | 82 | by Staff reporter
Mpofu gives public advice to Chamisa
Prominent Zimbabwean lawyer Advocate Thabani Mpofu has offered candid public advice to his close friend, Nelson Chamisa on how to understand and engage with a key constituency in Zimbabwe's political ...Published: 04 Aug 2025 at 16:59hrs | 1420 | by Staff reporter
Zimbabwe's manufacturing growth target missed
The Zimbabwe National Industrial Development Policy (ZNIDP) 1, aimed at growing the manufacturing sector by at least 2% annually, has failed to meet its target due to ongoing macroeconomic instability...Published: 04 Aug 2025 at 08:53hrs | 109 | by Staff reporter
Mnangagwa to launch National Tourism policy
President Emmerson Mnangagwa is set to officially launch Zimbabwe's National Tourism Policy today in Harare, unveiling a strategic blueprint designed to transform the country into a world-class touris...Published: 04 Aug 2025 at 08:49hrs | 127 | by Staff reporter
Zimbabwe flight traffic falls 42%
Zimbabwe recorded a sharp 42% decline in flight traffic in the first quarter of 2025, with the number of flights falling to 11 376 from 19 588 in the previous quarter, according to the latest data...Published: 04 Aug 2025 at 08:43hrs | 244 | by Staff reporter
Media smearing Russia's Alabuga programme
The Russian Embassy in Zimbabwe has come to the defence of the Alabuga Start Programme, a work-study initiative accused by Western media of being a front to recruit young women from Africa, including ...Published: 04 Aug 2025 at 08:31hrs | 146 | by Staff reporter
Surge in bogus police officers mounting fake roadblocks
The Zimbabwe Republic Police (ZRP) has raised alarm over a growing number of bogus officers setting up fake roadblocks and harassing motorists, particularly in Harare, amid mounting public concern ove...Published: 04 Aug 2025 at 08:27hrs | 369 | by Staff reporter
Load More Stories