Search / Economic zone
Police officers jailed for receiving bribes at roadblock
Two Zimbabwe Republic Police (ZRP) officers, Dennis Takudzwa Chivaku and Sharon Madondo, have been convicted of criminal abuse of duty and sentenced to imprisonment. This week, Harare Magistrates Cour...Published: 21 Jun 2025 at 09:49hrs | 421 | by Staff reporter
Zida courts investors for US$150m Victoria Falls project
The Zimbabwe Investment and Development Agency (ZIDA) is actively seeking both local and international investors to participate in the development of Lot 1 of Jafuta Estate, a flagship project within ...Published: 01 Jun 2025 at 14:26hrs | 116 | by Staff reporter
US$43 million Victoria Falls project takes shape
ZIMRE Holdings Limited (ZHL), through its Eagle Real Estate Investment Trust (REIT), has commenced construction of the much-anticipated US$43 million Eagle Heights Mixed-Use Development in Victoria Fa...Published: 20 May 2025 at 09:45hrs | 203 | by Staff reporter
Treasury surpasses Q1 tax revenue target
Zimbabwe has exceeded its tax revenue collection target for the first quarter of 2025, with the Zimbabwe Revenue Authority (ZIMRA) collecting US$1.5 billion, marking a significant milestone in the gov...Published: 13 May 2025 at 10:02hrs | 118 | by Staff reporter
Sunway City targets 70% growth in five years
Sunway City, one of Zimbabwe's flagship special economic zones (SEZs) and a major smart city development project, is aiming to reach at least 70 percent completion within the next five years as part o...Published: 11 May 2025 at 21:57hrs | 854 | by Staff reporter
Zimbabwe's mining industry sees significant progress
The Government of Zimbabwe has announced significant progress in the development of its Mineral Development Policy and the rollout of a new Online Permit System, as part of its ongoing efforts to mode...Published: 01 May 2025 at 08:35hrs | 181 | by Staff reporter
Zimbabwe's Victoria Falls tax haven takes solid shape
The Zimbabwean government has taken a bold step toward transforming Victoria Falls into a leading regional financial hub with the establishment of the Victoria Falls International Financial Services C...Published: 29 Apr 2025 at 12:06hrs | 647 | by Staff reporter
China reaffirms commitment to Zimbabwe's industrialisation agenda
Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...Published: 25 Apr 2025 at 07:27hrs | 27 | by Staff reporter
Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 84 | by Staff reported
Zimbabwe expands steel industry as global plants shut down
While steel plants worldwide face closures, Zimbabwe is making significant strides in expanding its steel industry. President Emmerson Mnangagwa has officiated at the groundbreaking ceremony for the U...Published: 24 Feb 2025 at 17:01hrs | 1024 | by Staff reporter
Mnangagwa to launch US$3.6 billion energy industrial park in Beitbridge
President Mnangagwa is expected in Beitbridge today for the ground-breaking ceremony of the Palm River Energy and Metallurgical Special Economic Zone (SEZ), a collaborative project between the Governm...Published: 24 Feb 2025 at 08:48hrs | 461 | by Staff reporter
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 496 | by Marilyn Mutize
Zimbabwe tightens noose on informal sector
The government has announced stringent measures aimed at protecting the formal sector from what it describes as unfair competition posed by informal traders.In a statement released on Friday f...Published: 01 Feb 2025 at 08:56hrs | 642 | by Staff reporter
Zimbabwe maintains 6% economic growth target
Finance, Economic Development and Investment Minister Professor Mthuli Ncube has reaffirmed Zimbabwe's 6% economic growth projection for 2024, despite the country facing late rains this agricultural s...Published: 15 Jan 2025 at 05:48hrs | 121 | by Staff reporter
Mthuli Ncube's budget is anti-people, anti-business and anti-Zimbabwe
Citizens Coalition for Change Statement on 2025 budget statement The recent national budget proposal exposes the Zanu-PF government's obnoxious penchant to compulsorily expropriate people's mo...Published: 30 Nov 2024 at 13:28hrs | 87 | by Willias Madzimure
Mthuli Ncube squeezes taxpayers
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measure...Published: 29 Nov 2024 at 07:16hrs | 825 | by Staff reporter
Zimbabwe govt to simplify business licensing
The Zimbabwean Government is taking proactive steps to simplify the business licensing process and reduce associated costs, with the aim of improving the ease of doing business in the country. A Cabin...Published: 24 Nov 2024 at 10:05hrs | 193 | by Staff reporter
Another big project for Bambazonke
The Airports Company of Zimbabwe (ACZ) has announced plans to establish special economic zones (SEZs) around major airports in the country, beginning with the Robert Gabriel Mugabe International Airpo...Published: 25 Oct 2024 at 16:52hrs | 3367 | 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 | 3202 | by Staff reporter
BCC invites investors to special economic zone
The Bulawayo City Council has granted approval for Lebanmon Investment Private Limited, a Chinese investment company, to establish a cement production facility at the Umvimila special economic zone. T...Published: 09 Oct 2024 at 07:45hrs | 198 | by Staff reporter
Chinese mining giant invests US$3.6 bn in Beitbridge venture
A groundbreaking US$3.6 billion energy industrial park is set to transform Beitbridge following a collaboration between the Government of Zimbabwe, Chinese mining firm Palm River Energy, and the Metal...Published: 07 Oct 2024 at 07:56hrs | 1382 | by Staff reporter
Zimbabwe aims to become a key blueberry supplier
Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the bl...Published: 27 Sep 2024 at 08:27hrs | 196 | by Staff reporter
Bulawayo residents face rates hike
Bulawayo residents may face higher rates and rentals next year as the city council considers revising various levies, along with introducing special road and water levies. This was revealed during the...Published: 15 Sep 2024 at 09:58hrs | 415 | by Staff reporter
Mnangagwa lays foundation stone for Mnangagwa stadium
PRESIDENT Mnangagwa has laid the foundation stone to mark the commencement of construction of the 10 000-seater international cricket stadium in Victoria Falls this Thursday.Last year, Zimbabw...Published: 23 May 2024 at 20:40hrs | 28 | by Staff reporter
New 500MW solar plant for Victoria Falls
VICTORIA Falls is inching closer to becoming a smart tourism and green destination following plans to construct a renewable energy exhibition park and a 500MW solar plant, which will be complemented b...Published: 03 Apr 2024 at 06:02hrs | 4 | by Staff reporter
Luxury estate to launch in May
WESTPROP Holdings chief executive Ken Sharpe has revealed that the company will launch the highly-anticipated US$100 million mixed use Hills Luxury Lifestyle Estate in May this year."It is wit...Published: 05 Mar 2024 at 04:58hrs | 2 | by Staff reporter
Uneca tells Zimbabwe to work on debt
THE United Nations Economic Commission for Africa (Uneca) deputy executive secretary programme Support Antonio Pedro says Zimbabwe needs to work on its debt to deal with its economic crises.Cu...Published: 04 Mar 2024 at 04:44hrs | 19 | by Staff reporter
Zimbabwe moves to address investor concerns
THE Zimbabwe Investment and Development Agency (Zida) is working round the clock to operationalise a system for resolving investor complaints in line with international best practices.The syst...Published: 27 Feb 2024 at 04:41hrs | 2 | by Staff reporter
Zimbabwe seeks Russian expertise
ZIMBABWE'S ambition to power its economy and become a major manufacturing hub through a strategy that hinges on innovation, science and advanced technology received a significant boost after being giv...Published: 25 Feb 2024 at 07:10hrs | 1 | by Staff reporter
Zimbabwe records jump in investment proposals
Zimbabwe saw a massive growth in the value of proposed investments in the fourth quarter of 2023 despite approving fewer new investor licenses, according to the Zimbabwe Investment and Development Age...Published: 16 Feb 2024 at 04:56hrs | 1 | by Staff reporter
Countries dependent on external inputs are colonised
COUNTRIES whose environments are not ideal for food production, but have resources like minerals and oil can afford to use those resources to import food and living a healthy life. Such countries are ...Published: 10 Jan 2024 at 05:44hrs | 16 | by Charles Dhewa
Prospect Lithium urged to manufacture batteries in Zimbabwe
Mining giant Prospect Lithium Zimbabwe needs to move to manufacture lithium batteries locally and export them to boost Zimbabwe's economy, Minister of State for Provincial Affairs and Devolution for M...Published: 10 Jan 2024 at 05:37hrs | 14 | by Staff reporter
Zimbabwe to sell water to South Africa?
Cabinet has approved a proposal for the multimillion water treatment plant in Beitbridge to sell water to Musina in South Africa to improve water resources and cooperation governance between the two c...Published: 14 Dec 2023 at 03:52hrs | 1 | by Staff reporter
A sad Christmas present from clueless Mthuli Ncube
The just presented 2024 budget by Prof Mthuli Ncube has left Zimbabweans in shock. This is the worst budget ever produced by minister of Finance since independence and the colonial era.It has ...Published: 02 Dec 2023 at 10:39hrs | 15 | by Leonard Koni
Mnangagwa removes ZIDA Act from Finance Ministry to his office
President Emmerson Mnangagwa has shifted the oversight of the Zimbabwe Investment Development Agency (ZIDA) Act from the Ministry of Finance, Economic Development, and Investment Promotion to his own ...Published: 12 Nov 2023 at 14:19hrs | 16 | by Staff reporter
Mnangagwa clips Mthuli Ncube's wings
PRESIDENT Emmerson Mnangagwa has clipped Finance minister Mthuli Ncube's wings by removing the Zimbabwe Investment Development Agency (ZIDA) Act from his ministry.This comes amid fears t...Published: 11 Nov 2023 at 15:55hrs | 11 | by Staff reporter
Chinese investors flock to Zimbabwe
Since its establishment in 2020, the Zimbabwe Investment and Development Agency (Zida) has issued 932 licenses to investors worldwide, with a significant portion coming from China, particularly in the...Published: 02 Nov 2023 at 05:51hrs | 16 | by Staff reporter
Zimbabwe govt to establish special youth economic zones
President Mnangagwa is set to participate in the commemoration of Africa Youth Day on November 22, according to Youth Empowerment, Development, and Vocational Training Minister Tino Machakaire....Published: 02 Nov 2023 at 05:36hrs | 12 | by Staff reporter
Invitation for investors to invest in Somaliland
Dear Investors, On behalf of the Government of Somaliland, I am humbled and honoured to cordially invite you to explore the immense investment opportunities that lie within this young nation: ...Published: 03 Oct 2023 at 09:53hrs | 37 | by Mohamed Osman Saed
New hotels for Victoria Falls
The prime tourism hub of Victoria Falls is experiencing substantial infrastructure development, providing a significant boost to Zimbabwe's tourism sector with the goal of achieving a US$5 billion tou...Published: 29 Sep 2023 at 06:18hrs | 7 | by Staff reporter
'Zimbabwe treasury lost $1,6 trillion to tax exemptions'
TREASURY, always in financial distress, lost about $1,6 trillion last year, up 312% compared to the prior year, through tax expenditures consisting of uncollected tax due to exemptions and incentives ...Published: 27 Jul 2023 at 06:39hrs | 1 | by Staff reporter
Russian mining giant heads to Zimbabwe
THE world's largest diamond producer Alrosa of Russia will next week be in Zimbabwe to start work on mining operations with 50 more companies from the Euroasian nation targeting various sectors....Published: 27 Jul 2023 at 06:37hrs | 8 | by Staff reporter
Zida approved 4 PPPs in Q2
THE Zimbabwe Investment and Development Agency (Zida) approved four public-private partnerships (PPPs) in the second quarter of this year, with a combined value of more than US$186 million.The...Published: 17 Jul 2023 at 06:58hrs | 14 | by Staff reporter
Iranian President visits to Zimbabwe
THE PRESIDENT of the Islamic Republic of Iran Dr Seyyed Ibrahim Raisi is expected to make an historic visit to the country tomorrow as part of an African tour, the first such visit by an Iranian leade...Published: 12 Jul 2023 at 08:14hrs | 3 | by Staff reporter
Mthuli Ncube's vision is to modernise Cowdray Park and transform it into a smart city
FINANCE and Economic Development Minister Professor Mthuli Ncube has a huge responsibility of managing the Treasury and implementing measures to stabilise and grow the country's economy among other is...Published: 06 Jun 2023 at 06:23hrs | 2 | by Staff reporter
ZB expands its services to Botswana
THE ZB Financial Holdings Limited (ZB) has expanded its services to neighbouring Botswana as it seeks to grow its regional presence, it has been revealed.Last month, the group announced that i...Published: 24 May 2023 at 06:04hrs | 6 | by Staff reporter
Are investors in African equities poised for wins amidst global turmoil?
It has been a tumultuous first quarter of 2023, and African equities have not been spared.Global markets started the year on a very positive note, with the S&P 500 up 9.0% at its peak in e...Published: 12 May 2023 at 11:17hrs | 17 | by Rami Hajjar, portfolio manager of the Allan Gray Africa ex-SA Equity Fund
Zimbabwe speeding into the territory of charter cities
FINALLY, Al Jazeera aired the first of the four-part series documentary Gold Mafia. Social media went into overdrive, with many people condemning the attitude and character of some of those implicated...Published: 25 Mar 2023 at 08:19hrs | 4 | by Paidamoyo Muzulu
Zimbabwe to woo capital markets investors in London
ZIMBABWEAN government officials and corporate leaders are gearing for a major capital markets conference in London, United Kingdom, during the last week of next month to mobilise private capital to fi...Published: 08 Mar 2023 at 05:27hrs | | by Staff reporter
Mthuli Ncube to headline London Zimbabwe capital markets conference
Finance and Economic Development Minister, Professor Mthuli Ncube, is next month expected to headline the Zimbabwe Capital Markets conference in London which seeks to showcase the opportunities and br...Published: 06 Mar 2023 at 05:14hrs | 2 | by Staff reporter
Load More Stories
