Search / Economic potential
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 76 | by Staff reporter
Judge proposes lawful use for seized mbanje
High Court judge Justice Munamato Mutevedzi has urged magistrates to reconsider the blanket practice of automatically ordering the destruction of large quantities of mbanje (marijuana) forfeited to th...Published: 22 Jul 2025 at 10:03hrs | 551 | by Staff reporter
Money laundering costs Zimbabwe US$6,5bn
Zimbabwe has lost an estimated US$6.15 billion to money laundering-related crimes over the past five years, with car dealerships, gold smuggling, and entrenched corruption networks topping the list of...Published: 22 Jul 2025 at 08:49hrs | 186 | by Staff reporter
Why Zimbabwe is not in First World
Forty-FIVE years since gaining Independence in 1980, Zimbabwe remains far from attaining First World status.This is not due to a lack of knowledge, exposure or vision. In fact, many of Zimbabw...Published: 18 Jul 2025 at 08:44hrs | 358 | by Jacob Mutisi
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 | 127 | 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 | 231 | 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 | 581 | by Staff reporter
Zimbabwe sees surge in business visitors
Zimbabwe has recorded a notable resurgence in business travel, with 384,221 business visitors entering the country in 2024 - surpassing pre-pandemic levels and signalling renewed global interest in th...Published: 03 Jul 2025 at 19:15hrs | 298 | by Staff reporter
Govt re-advertises tender for Old Gwanda Road supervision
The Government of Zimbabwe, through the Ministry of Transport and Infrastructure Development, has re-advertised a tender to engage a consultancy firm to supervise the construction of the Old Gwanda Ro...Published: 03 Jul 2025 at 12:39hrs | 323 | by Staff reporter
AfDB flags Zimbabwe's annual financing gap
Zimbabwe will require more than US$3.7 billion annually to meet its Sustainable Development Goals (SDGs) by 2030, according to a new economic outlook report released by the African Development Bank (A...Published: 03 Jul 2025 at 09:25hrs | 112 | by Staff reporter
Farmers urged to adopt cluster farming
Farmers in Mwenezi East, Masvingo province, have been encouraged to adopt cluster farming as a strategy to increase production, enhance food security, and generate export-ready surplus grain.T...Published: 01 Jul 2025 at 08:04hrs | 91 | by Staff reporter
Bulawayo takes investment campaign to Harare
The Bulawayo City Council (BCC) is set to host a high-level investment conference in Harare next month as part of renewed efforts to drive economic revitalisation in Zimbabwe's second-largest city. Th...Published: 30 Jun 2025 at 13:11hrs | 2284 | by Staff reporter
Mnangagwa unveils new land policies and service standards
President Emmerson Mnangagwa has officially launched the Minimum Service Delivery Standards Framework and the Urban State Land Management Policy, ushering in what government officials have called a ne...Published: 27 Jun 2025 at 09:23hrs | 311 | by Staff reporter
Revolving fund for Gutu Central vendors launched
A new revolving fund aimed at empowering informal traders and transforming livelihoods was officially launched on Monday in Gutu Central Constituency, offering hope to many small business owners strug...Published: 26 Jun 2025 at 09:06hrs | 30 | by Staff reporter
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 | 411 | by Staff reporter
Town Council cracks down on land hoarding
Rusape Town Council has passed a bold resolution aimed at curbing land hoarding by requiring both residential and commercial landowners to develop their stands within 12 months or risk repossession....Published: 08 Jun 2025 at 13:19hrs | 166 | by Staff reporter
RBZ applauds declining inflation
The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...Published: 03 Jun 2025 at 09:48hrs | 87 | by Staff reporter
ZNCC calls for urgent policy reform
The Zimbabwe National Chamber of Commerce (ZNCC) has issued a strong call for urgent policy reforms to revive the country's struggling economy, warning that businesses cannot thrive under the current ...Published: 31 May 2025 at 13:48hrs | 74 | by Staff reporter
Calls mount for amendment of Zimbabwe's outdated Mines and Minerals Act
The long-overdue amendment of Zimbabwe's Mines and Minerals Act (Chapter 21:05) has become a pressing issue as the country grapples with mineral leakages and a lack of transparency in its mining secto...Published: 30 May 2025 at 12:15hrs | 420 | by Staff reporter
Zimbabwe to benefit from surge in remittances
Zimbabwe stands to gain significantly from a projected surge in remittance inflows into Africa, with the African Development Bank (AfDB) forecasting that the continent will receive US$100 billion in r...Published: 30 May 2025 at 08:58hrs | 131 | by Staff reporter
Govt engages children, spouses of national heroes on title deeds
In a landmark move aimed at resolving long-standing issues around land ownership, the Government has initiated dialogue with children and spouses of national liberation heroes to transition them from ...Published: 29 May 2025 at 13:25hrs | 357 | by Staff reporter
Zimbabwe excluded from €500 million EU aid package
Zimbabwe has been excluded from a new €500 million aid package from the European Union (EU) to Africa, following the recent enactment of the controversial Private Voluntary Organisation (PVO) Amendm...Published: 22 May 2025 at 11:28hrs | 371 | by Staff reporter
Bulawayo signs landmark innovation MoU
The City of Bulawayo has made a strategic leap towards becoming the nation's innovation powerhouse by signing a Memorandum of Understanding (MoU) with the Research Council of Zimbabwe (RCZ), Zimbabwe ...Published: 12 May 2025 at 18:08hrs | 183 | by Staff reporter
Land ownership key to Zimbabwe's industrialisation
Zimbabwe Lands Commission (ZLC) Commissioner Rosemary Choruma Dowa has underscored the critical role of land ownership in Zimbabwe's industrialisation agenda, urging citizens to leverage the title dee...Published: 23 Apr 2025 at 08:37hrs | 125 | by Staff reporter
Bulawayo ranks second in GDP contribution
Bulawayo Metropolitan Province has cemented its position as Zimbabwe's second-largest contributor to the national gross domestic product (GDP), following closely behind Harare. This development was re...Published: 22 Apr 2025 at 07:37hrs | 1372 | by Staff reporter
Bulawayo City Council seeks ideas to revive city's industries
In a bid to combat urban decay and rapid de-industrialisation, Bulawayo city leaders are urging residents, policy experts, and various stakeholders to contribute innovative solutions that can drive su...Published: 14 Apr 2025 at 09:13hrs | 146 | by Staff reporter
Zimbabwe MPs push for traditional herbs recognition
PARLIAMENTARIANS are pushing for a law protecting indigenous trees used mainly for medicinal purposes.Speaking during a debate on Tuesday, the lawmakers supported a NewsDay Weekender report on...Published: 22 Mar 2025 at 06:27hrs | 189 | by Staff reporter
Bulawayo hotels, lodges already fully booked ahead of ZITF 2025
The 65th edition of the Zimbabwe International Trade Fair (ZITF) is fast approaching, and major hotels and lodges in Bulawayo are already fully booked as preparations for the highly anticipated event ...Published: 09 Mar 2025 at 13:16hrs | 7154 | by Staff reporter
Zimbabwe eyes hosting 5th Intra-Africa Trade Fair in 2027
Zimbabwe has expressed optimism about hosting the 5th Intra-Africa Trade Fair (IATF) in 2027, pending the results of an ongoing evaluation process, NewsDay has learned.This was revealed by Ind...Published: 13 Feb 2025 at 06:31hrs | 134 | by Staff reporter
Sanctions must fall for Zimbabwe to thrive
Citizens Against Economic Sanctions Zimbabwe (CAESZ) has pledged to ramp up its campaign calling for the removal of economic sanctions imposed by Western countries, which it says are stifling Zimbabwe...Published: 12 Feb 2025 at 15:14hrs | 283 | by Staff reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 1062 | by Innocent Mujeri
Chiwenga says govt has approved construction of Matebeleland roads
The government has approved plans to construct and rehabilitate several key roads in Matebeleland, with work expected to begin by the end of this year, Vice-President Constantino Chiwenga announced ye...Published: 08 Nov 2024 at 07:10hrs | 7783 | by Staff reporter
Zimbabwe's SADC Chairmanship offers new opportunities
Zimbabwe's chairmanship of the Southern African Development Community (SADC) offers a prime opportunity for local businesses to shape the regional economic agenda and benefit from the African Continen...Published: 18 Oct 2024 at 08:38hrs | 131 | by Staff reporter
The Chinese-owned Dinson invests over US$2 billion in Zimbabwe
The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the coun...Published: 15 Oct 2024 at 18:38hrs | 3203 | by Staff reporter
Matabeleland Youth urged to Rise up and control their destine
The Youth in Matabaleland have been urged to wake up and rise up to fight for the control f their destine through taking over the management of their local resources and institutions.The devel...Published: 13 Oct 2024 at 19:59hrs | 807 | by Stephen Jakes
Farmers4ED backs government's new land tenure policy
The ruling party's affiliate organization, Farmers for Economic Development (Farmers4ED), has expressed strong support for the Zimbabwean government's latest policy change, which allows beneficiaries ...Published: 13 Oct 2024 at 12:32hrs | 194 | by Staff reporter
Mutsvangwa urges AI adoption for SMEs growth
Women Affairs, Community, Small and Medium Enterprises Development Minister Monica Mutsvangwa has emphasized the need for Zimbabwe's small and medium enterprises (SMEs) to adopt artificial intelligenc...Published: 07 Oct 2024 at 08:03hrs | 244 | by Staff reporter
American activists called on U.S. authorities to stop supporting Ukraine and halt arms supplies
A meeting of the non-profit organization, "Ecological Union of Pacifists and Nonconformists," with journalists and public figures, was held in New York recently. The meeting took the form of a confere...Published: 06 Oct 2024 at 11:06hrs | 553 | by Staff Reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3372 | by Tendai Ruben Mbofana
Old Gwanda Road construction to commence this month-end
The construction and upgrading of the 120-kilometer Bulawayo-Old Gwanda Road by Zwane Enterprises, under a US$110 million Public-Private Partnership (PPP), is set to begin at the end of this month. ...Published: 18 Aug 2024 at 12:23hrs | 949 | by Staff reporter
Zimbabwe eyes US$272 billion global cannabis market
Zimbabwe's favorable climate for cultivating high-quality medicinal and recreational cannabis, combined with appropriate regulations and robust marketing strategies, holds significant economic potenti...Published: 22 Jul 2024 at 07:49hrs | 286 | by Staff reporter
Allow all Zimbabweans to import vehicles DUTY FREE your current policy is discriminatory
Zimbabwe, a country grappling with economic challenges, has recently made headlines with a policy decision that has sparked both debate and controversy. The government has partially lifted the ban on ...Published: 16 Jul 2024 at 20:58hrs | 954 | by Engineer Jacob Kudzayi Mutisi
43 homes to pave way for Old Gwanda Road
The construction of the US$150 million Old Gwanda Road, set to enhance economic growth, will commence in mid-July with the relocation of villagers affected by the project. The road, spanning 120km, is...Published: 23 Jun 2024 at 10:31hrs | 23 | by Staff reporter
Forvis Mazars' entry reflects Zimbabwe's economic potential
Forvis Mazars (FM), a global financial services network formed by the merger of Mazars and FORVIS, is set to launch operations in Zimbabwe, filling the gap left by Deloitte's exit. Mazars oper...Published: 06 Jun 2024 at 12:18hrs | 7 | by Staff reporter
ZiG to join global currency club with ISO Code
The Reserve Bank of Zimbabwe (RBZ) is in the process of applying for an International Organisation for Standardisation (ISO) code for the Zimbabwe Gold (ZiG) as it moves to make the unit a standalone ...Published: 23 May 2024 at 19:25hrs | 29 | by Tafara Shumba
Namibia comments on 'removal' of US sanctions on Zimbabwe
The Government of the Republic of Namibia has taken note of a new sanctions regime announced by H.E. Joseph B. Biden, President of the United States of America. on 4 March 2024. Article 96 of ...Published: 08 Mar 2024 at 07:58hrs | 3 | by Staff reporter
Zimbabwe licences US$9,7 billion investments
THE Zimbabwe Investment and Development Agency (Zida) said this week it issued 615 licences to investors worth almost US$9,7 billion during the year ended December 31, 2023.Tafadzwa Chinamo, c...Published: 09 Feb 2024 at 10:01hrs | 3 | by Staff reporter
Zimbabwe changes approach in diplomatic engagements
In a week of vibrant diplomatic exchanges, Zimbabwe has emerged as a beacon of global collaboration, hosting a cascade of foreign delegations eager to explore partnerships across diverse sectors....Published: 26 Jan 2024 at 10:24hrs | 4 | by Nkululeko Nkomo
Britain shifts its policy towards Zimbabwe
The recent engagement of the British government with the Zimbabwean government, after more than two decades of imposing sanctions, reflects a pragmatic shift in diplomatic strategy. While the decision...Published: 26 Jan 2024 at 10:15hrs | 2 | by Mukachana Hanya
Fencorp Global praises historical partnership between Somaliland and Ethiopia
The Prime Minister of Ethiopia, His Excellency Abiy Ahmed Ali, and the President of Somaliland, His Excellency Muse Bihi Abdi, have signed a historic memorandum of agreement and partnership. Under the...Published: 05 Jan 2024 at 14:20hrs | 14 | by Nkululeko Nkomo
Load More Stories
