Search / Economic
Botswana gets $304 million AfDB loan
The African Development Bank (AfDB) has approved a $304 million loan to Botswana as the country grapples with rising fiscal pressures and seeks to implement crucial governance and economic reforms. Th...Published: 18 hrs ago | 363 | by Staff reporter
Delta highlights Zimbabwe's economic
Delta Corporation, Zimbabwe's leading brewer and soft drinks manufacturer, has painted a stark picture of the nation's economy, highlighting its persistent fragility despite signs of resilience in con...Published: 20 hrs ago | 560 | by Staff reporter
MPs refuse to 'protect and secure' Mnangagwa's Belarus deals
President Emmerson Mnangagwa presided over the signing of several Memoranda of Understanding (MoUs) with the Belarusian government in Minsk on Tuesday, but back home, opposition legislators blocked th...Published: 21 hrs ago | 967 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 349 | by `
Gwayi-Shangani project 72% amid concerns over slow progress
The long-awaited Gwayi-Shangani Dam, a cornerstone project of the Matabeleland Zambezi Water Project, is now 72% complete, showing only a modest 2% progress since October 2024. The slow pace has drawn...Published: 16 May 2025 at 10:40hrs | 358 | by Staff reporter
ZNCC to hold annual congress in June
The Zimbabwe National Chamber of Commerce (ZNCC) will hold its highly anticipated annual congress from June 25 to 28 in Victoria Falls, aiming to foster inclusive economic growth, improve the bu...Published: 16 May 2025 at 10:29hrs | 67 | by Staff reporter
Push for gender equality in lithium mining
The Economic Justice for Women Project (EJWP), in partnership with the Southern Africa Trust (SAT), has launched a groundbreaking gender-centred initiative aimed at promoting feminist climate action i...Published: 16 May 2025 at 10:29hrs | 53 | by Staff reporter
Villagers resist proposed land use change
VILLAGERS from three wards along the Zvishavane-Shurugwi Highway in Runde Rural District Council (RDC), Zvishavane District, have voiced strong opposition to a proposal to convert their communal land ...Published: 16 May 2025 at 10:19hrs | 158 | by Staff reporter
Ariston reduces costs with new solar plants
Zimbabwe Stock Exchange-listed agricultural company, Ariston Holdings Limited, has reported substantial financial savings driven by its investment in solar energy projects, which have helped reduce de...Published: 16 May 2025 at 10:08hrs | 56 | by Staff reporter
Zimbabwe eyes regional manufacturing hub status
President Emmerson Mnangagwa has called for the swift implementation of agreements between Zimbabwe and Belarus, as he concluded a successful State visit to the East European nation, highlighting Hara...Published: 16 May 2025 at 10:00hrs | 61 | by Staff reporter
Private players to enter Zimbabwe's electricity retail market
Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...Published: 16 May 2025 at 09:58hrs | 79 | by Staff reporter
Zimbabwe strengthens private sector role in economic development drive
Zimbabwe is forging ahead with a private sector-led economic model, as the Government and business leaders intensify collaboration aimed at creating a robust and sustainable economy. The move is align...Published: 16 May 2025 at 09:53hrs | 48 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 54 | by Staff reporter
Mnangagwa offers Lukashenko minerals
President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...Published: 16 May 2025 at 09:44hrs | 93 | by Staff reporter
Zimbabweans escaping economic hardship trapped in the UK care visa crackdown
Zimbabwean professionals seeking a way out of their country's prolonged economic crisis are facing fresh hurdles as the UK government moves to permanently scrap care worker visas, a route many had use...Published: 16 May 2025 at 09:42hrs | 547 | by Staff reporter
Setting the record straight on Qoki Zindlovukazi Land Projects
I would like to set the record straight on the opinion piece by Solabanye Nqabeni titled The Uphill Battle of Economic ...Published: 15 May 2025 at 18:19hrs | 1467 | by Yolandah Nyathi
A letter to Sengezo Tshabangu
Dear cousin Sengezo Tshabangu,I need to explain why I address you as Mzala. Bulawayo is a village, I am sure you could be related to my cousins, Nomusa and Fikile Tshabangu: daughters of Aunt ...Published: 15 May 2025 at 15:59hrs | 1154 | by Nomazulu Thata
Mnangagwa concludes 4 day state visit to Belarus
President Emmerson Mnangagwa has concluded a four-day State visit to the Republic of Belarus, where Zimbabwe and Belarus signed a series of agreements aimed at strengthening bilateral cooperation and ...Published: 15 May 2025 at 13:10hrs | 260 | by Staff reporter
'Private sector key to Zimbabwe's energy transformation'
Zimbabwe is positioning the private sector as a central player in its quest for a sustainable, reliable, and inclusive energy future, government officials have emphasized.At the ongoing Nation...Published: 15 May 2025 at 09:42hrs | 135 | by Staff reporter
ZITF CEO receives his Toyota Landcruiser from Chivayo
Zimbabwe International Trade Fair (ZITF) Company chief executive officer Dr Nicholas Ndebele was left speechless yesterday after receiving a brand-new 2025 Toyota Land Cruiser 300 series VXR, valued a...Published: 15 May 2025 at 09:30hrs | 424 | by Staff reporter
Zimbabwe govt owes Zisco pensioners US$38 million
The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...Published: 15 May 2025 at 09:17hrs | 202 | by Staff reporter
Zimbabwe's green economy drive gets support
Zimbabwe's bold shift toward a green economy has received strong backing from lawmakers and international development partners, as the nation ramps up efforts to tackle the effects of climate change a...Published: 15 May 2025 at 09:06hrs | 71 | by Staff reporter
University students urged to drive innovation
Masvingo Provincial Affairs and Devolution Minister, Ezra Chadzamira, has called on university students to embrace innovation and transform research into viable business ventures that can drive Zimbab...Published: 15 May 2025 at 08:59hrs | 43 | by Staff reporter
The Uphill Battle for Economic Freedom: The Story of Qoki Women of Zimbabwe
The challenges of trying to gain economic freedom as women in Africa are not limited to having to fight against some men who are bent on denying you that freedom to keep you dependent and subservient....Published: 14 May 2025 at 21:30hrs | 695 | by Solabanye Nqabeni
Mnangagwa secures deal to reconstruct Parirenyatwa hospital
President Emmerson Mnangagwa has secured a landmark deal with Belarus that will see the overhaul of Zimbabwe's health sector, beginning with the reconstruction and capacitation of the Parirenyatwa Gro...Published: 14 May 2025 at 21:15hrs | 1215 | by Staff reporter
Zimbabwe land reform scam - 13 years after the genocide in Matebeleland and Midlands
This article intends to capture the poignant moment when Zanu began its unpunished abuse of public office soon after Zimbabwe's independence.All along Zanu felt a false sense of achievement in...Published: 14 May 2025 at 21:00hrs | 316 | by Moses Mzila Nkalange (Ndlovu)
BREAKING: Mawarire says Mnangagwa now part of the criminals
Jealousy Mawarire, former spokesperson to the late President Robert Mugabe, has launched a blistering attack on President Emmerson Mnangagwa, accusing him of surrendering executive power to a clique o...Published: 14 May 2025 at 19:13hrs | 3624 | by Staff reporter
RBZ moves to boost ZiG use
The Reserve Bank of Zimbabwe (RBZ) has launched a bold initiative to boost the circulation of the Zimbabwean currency, ZiG, in a bid to address widespread currency shortages and reduce the country's d...Published: 14 May 2025 at 10:11hrs | 3730 | by Staff reporter
Mbare Musika model to go national
The government has announced plans to replicate the modern Mbare Musika Traders Market model across Zimbabwe's 10 provinces as part of a nationwide initiative to provide safer and more dignified vendi...Published: 14 May 2025 at 08:49hrs | 564 | by Staff reporter
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1198 | by Staff reporter
Guvamatanga denies snubbing Parliament
Permanent Secretary in the Ministry of Finance and Economic Development George Guvamatanga has refuted claims that he is avoiding appearing before Parliament's Public Accounts Committee (PAC) to expla...Published: 13 May 2025 at 19:39hrs | 1053 | by Staff reporter
Has Zimra lost confidence in its own Beitbridge operations?
The Zimbabwe Revenue Authority (ZIMRA) is under fire for what passengers and transport operators are calling a "clear vote of no confidence" in its own border operations at Beitbridge, after a series ...Published: 13 May 2025 at 18:24hrs | 1635 | by Staff reporter
Rutendo Matinyarare beats up a white man, assailant requires plastic surgery
Zimbabwean political activist and commentator Rutendo Matinyarare was involved in a violent altercation on the road on Monday night after an apparent case of road rage escalated into a physical confro...Published: 13 May 2025 at 17:23hrs | 3458 | by Staff reporter
UK closure of care work visa to hit Zimbabweans hard
The United Kingdom's decision to permanently shut down its care worker visa route has sent shockwaves across Zimbabwe, where the scheme had offered thousands a much-needed escape from economic hardshi...Published: 13 May 2025 at 16:33hrs | 8975 | by Staff reporter
21 mothers burned alive during Gukurahundi remembered
Human rights advocacy group Ibhetshu LikaZulu has issued an emotional tribute to 21 women who were burned alive in Emkhonyeni, Tsholotsho, on March 16, 1983, during the Gukurahundi genocide. The tribu...Published: 13 May 2025 at 16:30hrs | 754 | by Staff reporter
Zimbabwe's Trabablas Interchange to open this May
The long-awaited Trabablas Interchange Construction Project is in its final stages and is set to officially open to traffic this May, bringing much-needed relief to motorists and commuters who have lo...Published: 13 May 2025 at 10:29hrs | 3558 | by Staff reporter
Zimbabwe, EU celebrate growing trade
Zimbabwe and the European Union (EU) have marked a significant milestone in their growing economic partnership, with trade between the two entities increasing by 30% and foreign direct investment (FDI...Published: 13 May 2025 at 10:23hrs | 105 | by Staff reporter
Edgars Zimbabwe shifts focus to low-end market
Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...Published: 13 May 2025 at 10:19hrs | 368 | by Staff reporter
Zimbabwe govt defends car import ban
The import ban on vehicles older than 10 years, which came into effect in January 2022, is part of Zimbabwe's strategy to protect and revitalize the country's motor manufacturing industry, which has b...Published: 13 May 2025 at 10:14hrs | 19225 | by Staff reporter
IDBZ CEO Sakala set to step down
Mr. Thomas Zondo Sakala, the Chief Executive Officer (CEO) of the Infrastructure and Development Bank of Zimbabwe (IDBZ), is set to step down from his position in August this year after completing a s...Published: 13 May 2025 at 10:08hrs | 223 | by Staff reporter
Zimbabwe pavilion captivates global audience at Expo 2025 Osaka
Zimbabwe's participation at Expo 2025 Osaka is drawing global attention, with its vibrant and innovative pavilion standing out in the Commons B zone, a shared space that features 26 countries from Afr...Published: 13 May 2025 at 10:05hrs | 60 | 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 | 109 | by Staff reporter
Gold sinks as trade talks, easing tensions impact haven demand
Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in ...Published: 13 May 2025 at 09:54hrs | 97 | by Staff reporter
Ex-Zimbabwe farmer reflects on lost legacy
For Rory Duncan, a former commercial farmer in Zimbabwe, memories of the Eastern Highlands are both vivid and painful - a haunting contrast between prosperity and the aftermath of a country's failed l...Published: 12 May 2025 at 20:03hrs | 930 | by Staff reporter
Why Zimbabweans should worry about our relationship with Belarus
How is it that Zimbabwe consistently chooses to engage with questionable figures?President Emmerson Mnangagwa is in Minsk for a working visit, marking his third trip to Belarus since assuming ...Published: 12 May 2025 at 19:32hrs | 697 | by Tendai Ruben Mbofana
Zimbabwean exemption permits saga returns to South African court
The legal saga over the Zimbabwean Exemption Permit (ZEP) returns to court on Tuesday as the Supreme Court of Appeal (SCA) hears the Department of Home Affairs' appeal against a ruling that temporaril...Published: 12 May 2025 at 19:22hrs | 9410 | by Staff reporter
ZSE granted self-listing approval
The Zimbabwe Stock Exchange (ZSE) is set to list itself on its own bourse following the gazetting of Statutory Instrument 49 of 2025 by the Minister of Finance, Economic Development and Investment Pro...Published: 12 May 2025 at 18:12hrs | 86 | 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 | 179 | by Staff reporter
Former UK Mayor showers praises on Mnangagwa
Former Corby Town Mayor Tafadzwa Chikoto, a UK-based Zimbabwean national, has sparked debate after expressing strong support for President Emmerson Mnangagwa and the ruling Zanu-PF government, describ...Published: 12 May 2025 at 08:45hrs | 712 | 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 | 794 | by Staff reporter
Load More Stories
