Search / Economic
PHOTOS: Dr Amai 2 to get a Doctor of Philosophy in Tourism
First Lady Dr. Auxillia Mnangagwa is set to join thousands of graduates at Midlands State University (MSU) on Thursday, where she will be conferred with a Doctor of Philosophy (PhD) degree in Tourism ...Published: 3 hrs ago | 490 | by Staff reporter
Ecocash loses ZWG 148,7 million in conversion to new currency
Ecocash Holdings Zimbabwe Limited, a leading diversified digital solutions group, has reported a loss of ZWG 148.7 million following the transition to the newly introduced ZWG currency, which was intr...Published: 7 hrs ago | 316 | by Staff reporter
Sadc ignores Mozambique civil unrest
The Southern African Development Community (SADC) held an extraordinary summit in Harare yesterday, where regional leaders largely overlooked the ongoing civil unrest in Mozambique, which has erupted ...Published: 7 hrs ago | 404 | by Staff reporter
US Embassy wants Zimbabweans to take part in US-funded programme
The United States (US) Embassy has invited organisations and individuals across Zimbabwe to apply for the Academy for Women Entrepreneurs (AWE) programme, designed to foster entrepreneurship skills am...Published: 7 hrs ago | 305 | by Staff reporter
Clergy prays for peace in Zimbabwe
The Zimbabwe Heads of Christian Denominations (ZHOCD) has officially launched its Manicaland chapter, reaffirming its dedication to peace-building and socio-economic development across the country. Th...Published: 7 hrs ago | 69 | by Staff reporter
'Prosecutors exaggerated my age'
A Beitbridge resident magistrate, Takudzwa Gwazemba, has ordered an investigation into the age of a juvenile who accused prosecutors of falsifying his age in an effort to have him sentenced to prison....Published: 7 hrs ago | 236 | by Staff reporter
5MW plant commissioned at Mutirikwi Dam
A major step forward in Zimbabwe's energy sector was made on Saturday with the commissioning of a five-megawatt hydropower project at Mutirikwi Dam. The plant, a collaboration between local and foreig...Published: 7 hrs ago | 168 | by Staff reporter
UK, Czech Republic investors in Bulawayo
Investors from the Czech Republic and the United Kingdom (UK) visited Bulawayo on Monday to explore opportunities in various sectors as the city grapples with the challenges of de-industrialisation....Published: 7 hrs ago | 103 | by Staff reporter
BCC in ambitious 2034 housing plan
The Bulawayo City Council (BCC) has revealed an ambitious plan to construct 500,000 housing units by 2034 as part of a broader 15-year master plan aimed at addressing the city's severe housing backlog...Published: 7 hrs ago | 88 | by Staff reporter
EcoCash Holdings posts strong profit growth in half-year results
EcoCash Holdings Zimbabwe Limited has posted impressive results for the half-year ending August 31, 2024, highlighting the resilience of its business model and the effectiveness of its strategic initi...Published: 8 hrs ago | 16 | by Staff reporter
Zimbabwe inches closer to rejoining Britain's colonies club
Zimbabwe's "remarkable democratic progress" has positioned the nation closer to rejoining the Commonwealth, the bloc's secretary-general, Ms. Patricia Scotland, has said.As Zimbabwe intensifie...Published: 8 hrs ago | 80 | by Staff reporter
Summit condemns Mozambique's post-election violence
The Southern African Development Community (SADC) has strongly condemned the wave of post-election violence in Mozambique following the October 9 general elections, won by the ruling party Frelimo. Ad...Published: 8 hrs ago | 160 | by Staff reporter
Iran begins technology transfer to Zimbabwe
The Islamic Republic of Iran has initiated the implementation of key areas of cooperation with Zimbabwe, focusing on technology transfer, outgoing Iranian Ambassador Abbas Navazani announced.S...Published: 8 hrs ago | 133 | by Staff reporter
Zimbabwe calls for unconditional removal of sanctions at UN Conference
Minister of Justice, Legal and Parliamentary Affairs, Ziyambi Ziyambi, is leading a Zimbabwean delegation at a high-level United Nations conference to advocate for the removal of sanctions imposed on ...Published: 8 hrs ago | 73 | by Staff reporter
Paid an arm and leg for Hwange Unit 7 & 8 and yet they not generating - Chinese demanding head in a silver platter!
ZESA's explanation of reduced generation from Hwange Thermal Power Station especially due to repeated Units 7 and 8 did not make any sense at all. The two units costing US$ 1.4 billion were commission...Published: 17 hrs ago | 1092 | by Wilbert Mukori
Mnangagwa should learn from Ramaphosa's mature approach to international recognition
On the global stage, South African President Cyril Ramaphosa has long been an emblem of measured leadership and diplomatic tact, in stark contrast to his counterpart in Zimbabwe, President Emmerson Mn...Published: 17 hrs ago | 438 | by Tendai Ruben Mbofana
Stanbic Bank Steps up efforts to promote International Trade
Harare - 20 November 2024 - Leading financial services institution, Stanbic Bank Zimbabwe has stepped up efforts to promote international trade by launching an e-book which guides locals on how to sou...Published: 17 hrs ago | 80 | by Agencies
Harare Poly students resort to prostitution, drug trafficking
In their tireless efforts to settle school fees arrears and sit for their forthcoming end-of-term examination, several students from Harare Polytechnic College have resorted to prostitution and drug t...Published: 17 hrs ago | 1629 | by Gideon Madzikatidze
Hichilema, Ramaphosa skip extraordinary SADC Summit
Zambian President Hakainde Hichilema will not attend the extraordinary Southern African Development Community (SADC) summit set to address the Mozambique post-election crisis and the Democratic Republ...Published: 20 Nov 2024 at 10:39hrs | 2165 | by Staff reporter
Zimbabwe and Zambia combine efforts to solve their power woes
Zimbabwe and Zambia are combining efforts to deal with their electricity crises, which have seen power cuts of up to 21 hours per day.With no load shedding for eight months, Eskom has asked So...Published: 20 Nov 2024 at 07:09hrs | 446 | by Staff reporter
'ZSE left with two valuable counters'
The Zimbabwe Stock Exchange (ZSE) is witnessing a significant shift, with Delta Corporation Limited and Econet Wireless Zimbabwe now standing as the only major valuable counters on the bourse. Several...Published: 20 Nov 2024 at 07:03hrs | 184 | by Staff reporter
Zimbabwe loses 18% of its energy
Zimbabwe's Energy and Power Development Minister Edgar Moyo has called for urgent upgrades to the country's grid network to address the unacceptable 18% energy loss rate, significantly higher than the...Published: 20 Nov 2024 at 07:01hrs | 239 | by Staff reporter
Lawyers condemn forced evictions and demolition of homes in Zimbabwe
Human rights lawyers have strongly condemned the recent demolitions of houses and the forced eviction of Zimbabweans from their ancestral lands, labeling the actions as heartless and inhumane....Published: 20 Nov 2024 at 07:01hrs | 190 | by Staff reporter
Zimbabwe chiefs to receive bonuses raising controversy
In a move that is likely to spark debate, Zimbabwe's traditional chiefs are set to receive bonuses just two months after they were gifted twin-cab vehicles worth millions of dollars. The decision come...Published: 20 Nov 2024 at 06:58hrs | 344 | by Staff reporter
Sadc leaders send reps to Zimbabwe Summit
Harare is hosting the Southern African Development Community (SADC) Extraordinary Summit today, with up to 10 heads of state and government sending representatives to the crucial meeting. The summit, ...Published: 20 Nov 2024 at 06:57hrs | 576 | by Staff reporter
BCC moots cultural centre at Inxwala site
The Bulawayo City Council (BCC) has announced plans to transform the historically significant Inxwala Grounds, located at the intersection of Masotsha Avenue and Joshua Nkomo Street Extension in North...Published: 20 Nov 2024 at 06:54hrs | 76 | by Staff reporter
Mnangagwa appoints Tungwarara as UAE investment advisor
President Emmerson Mnangagwa has appointed businessman Dr. Paul Tungwarara as the Special Presidential Investment Advisor to the United Arab Emirates (UAE), a role aimed at bolstering Zimbabwe's econo...Published: 20 Nov 2024 at 06:45hrs | 183 | by Staff reporter
Chivayo steps in to aid Simon 'Pashoma' Ncube with $20,000 small donation
Prominent Zimbabwean tenderprenuer Wicknel Chivayo has pledged a life-changing donation to former ZBC Radio DJ Simon "Pashoma" Ncube, who has been living in destitute conditions. In a heartfelt ...Published: 19 Nov 2024 at 19:56hrs | 1315 | by Staff reporter
King Dalindyebo's wife quits EFF
The Economic Freedom Fighters (EFF) has suffered another blow with the resignation of prominent member Nolubabalo "Babsie" Mcinga, who has stepped down from her position in the National Council of Pro...Published: 19 Nov 2024 at 15:08hrs | 1085 | by Staff reporter
Why Mnangagwa met Botswana's Boko
President Emmerson Mnangagwa used the platform of the regional World Children's Day commemoration in Victoria Falls on Saturday to hold a crucial meeting with newly elected Botswana President Duma Bok...Published: 19 Nov 2024 at 13:51hrs | 3803 | by Staff reporter
Sadc extraordinary Summit unfolds in Zimbabwe
The Southern African Development Community (SADC) has convened an extraordinary summit in Harare to address escalating political and security challenges in the region, with a focus on Mozambique, the ...Published: 19 Nov 2024 at 13:49hrs | 789 | by Staff reporter
Former radio 2 DJ appeals for help
Former Zimbabwe Broadcasting Corporation (ZBC) Radio 2 presenter Simon Pashoma Ncube has made a public appeal for financial assistance to prominent businessman and tenderpreneur Wicknell Chivayo. The ...Published: 19 Nov 2024 at 13:41hrs | 730 | by Staff reporter
Zimbabwe govt sinks in deep financial hole
The recent 43% devaluation of Zimbabwe's Zimbabwe Gold (ZiG) currency has exacerbated the government's financial crisis, leaving it struggling to meet its obligations while civil servants and other pu...Published: 19 Nov 2024 at 13:38hrs | 6535 | by Staff reporter
Mzembi calls for opposition unity to challenge Zanu-PF rule
Former Foreign Affairs Minister Walter Mzembi has urged Zimbabwe's opposition parties and leaders to set aside personal ambitions and entitlement to unite against the ruling ZANU-PF regime. Mzembi, wh...Published: 19 Nov 2024 at 13:30hrs | 421 | by `
Mnangagwa declares Mbare inferno a disaster
President Emmerson Mnangagwa has declared the devastating fire that ravaged the Mbare Traders Market a state of disaster, paving the way for urgent assistance and resources to support thousands of tra...Published: 19 Nov 2024 at 08:56hrs | 1057 | by Staff reporter
Goat production gains traction in drought-hit Zimbabwe
As Zimbabwe continues to battle the effects of an El NiƱo-induced drought, goat farming is emerging as a resilient and economically viable solution for farmers facing increasingly harsh climatic cond...Published: 19 Nov 2024 at 08:50hrs | 197 | by Staff reporter
Underfunding sinks Zimbabwe school projects
Government-funded school projects are progressing at a snail's pace, with many targets missed due to insufficient funding from Treasury, according to a Parliamentary Portfolio Committee report. The re...Published: 19 Nov 2024 at 08:50hrs | 58 | by Staff reporter
Zimbabwe finance ministry bans foreign trips
The Zimbabwean government is tightening its belt in response to a severe cash crunch as it approaches the end of 2024. Finance Secretary George Guvamatanga has announced measures aimed at curbing spen...Published: 18 Nov 2024 at 15:24hrs | 5481 | by Staff reporter
Zimbabwe cuts some spending items as ZiG drop hits budget
Zimbabwe's currency devaluation is forcing the government to cut spending on certain budget items.The country's Treasury asked government departments to prioritize their spending commitments f...Published: 18 Nov 2024 at 15:08hrs | 150 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 164 | by Staff reporter
Mnangagwa wants youngsters to be proud of their identity
President Mnangagwa has called on the younger generation to take pride in their African identity and rich cultural heritage, emphasizing their pivotal role in shaping a future of sustainable economic ...Published: 18 Nov 2024 at 15:03hrs | 38 | by Staff reporter
Civil servants start receiving annual bonuses
The Government has commenced the disbursement of annual bonuses to civil servants, fulfilling its promise of a 13th cheque to its workforce. Payments began last Friday, with banks and major supermarke...Published: 18 Nov 2024 at 15:00hrs | 228 | by Staff reporter
Domestic Tourism festive season campaign launched
Minister of Tourism and Hospitality Industry, Barbara Rwodzi has this Saturday in Mazoe launched Domestic Tourism festive season travel campaign targeting...Published: 17 Nov 2024 at 07:59hrs | 701 | by Gideon Madzikatidze
Change will not come from participating in more rigged elections, protests, etc. We have been down all these rabbit holes
"Winds of change don't blow automatically: Zimbabweans need to fearlessly stand up against oppression," argued Tendai Ruben Mbofana in his blog, mbofanatendairuben.news.blog. "In recent y...Published: 16 Nov 2024 at 20:28hrs | 1073 | by Wilbert Mukori
Affinity to shut out truth don't want to hear is one cause we're a failed state
In 1975 lan Douglas Smith, Prime Minister Rhodesia said, "If blacks are to rule themselves people in towns will walk on sewage until they believe it's normal, all the gains from colonisation will varn...Published: 16 Nov 2024 at 20:17hrs | 757 | by Wilbert Mukori
TTI Boss Lizwe Mabuza: The Philanthropic Visionary Driving Bulawayo's Social Responsibility Agenda
In an era where corporate social responsibility (CSR) is often reduced to buzzwords and token gestures, one man stands as a testament to genuine commitment towards community upliftment. Lizwe Mabuza, ...Published: 16 Nov 2024 at 20:08hrs | 3440 | by Mandla Ndlovu
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 86 | by Staff reporter
'Zimbabwe concerned with situation in Mozambique'
Zimbabwe has expressed deep concern over the escalating security challenges in Mozambique, warning that the instability threatens national interests and the broader regional security environment....Published: 16 Nov 2024 at 14:25hrs | 302 | by Staff reporter
Mnangagwa commissions US$18,5m Bulawayo students' complex
President Emmerson Mnangagwa yesterday officially commissioned the state-of-the-art Bulawayo Students Accommodation City Complex, a landmark project in Matsheumhlope suburb valued at US$18.5 million. ...Published: 16 Nov 2024 at 14:22hrs | 317 | by Staff reporter
Mnangagwa caps 3,201 at NUST
President Emmerson Mnangagwa presided over the graduation of 3,201 students at the National University of Science and Technology (NUST) yesterday. The ceremony, held at the Zimbabwe International Exhi...Published: 16 Nov 2024 at 14:22hrs | 106 | by Staff reporter
Load More Stories