Search / Economy
Experts predict prospects of another good rainy season
Zimbabwe could be set for another season of above-average rainfall later this year, with weather experts forecasting a possible return of La Nina conditions. If confirmed, this would mark the second c...Published: 13 hrs ago | 158 | by Staff reporter
Catholic Zimbabwe faces critical shortage of Priests
The Catholic Church in Zimbabwe is grappling with a severe shortage of vocations to the priesthood, with the number of candidates enrolling at the country's only Major Seminary, Chishawasha, steadily ...Published: 18 Jul 2025 at 20:58hrs | 553 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1402 | by Staff reporter
Zimbabwe's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1113 | by Staff reporter
Zesa spreads prepaid meters to farms
ZESA Holdings has been ordered to implement prepaid and smart electricity meters across all sectors of the economy by October this year, a government move aimed at enhancing revenue collection and cur...Published: 18 Jul 2025 at 08:30hrs | 72 | by Staff reporter
Mnangagwa loyalists plot Constitutional changes to block Chiwenga
Loyalists of President Emmerson Mnangagwa are reportedly working behind the scenes to push for changes to Zimbabwe's Constitution and Zanu-PF's leadership structures in a controversial bid to extend M...Published: 17 Jul 2025 at 08:49hrs | 784 | by Staff reporter
Zimbabwe urged to bolster R&D and Resilience in move toward NDS2
Zimbabwe's economy could take a major leap forward - if it boosts research, innovation, and industrial resilience, experts say. The Zimbabwe Competitiveness Report has sparked calls for all sectors to...Published: 17 Jul 2025 at 08:42hrs | 52 | by Gideon Madzikatidze/Simbarashe Sithole
The Irony of Innovation: How Tech’s Hardest Workers Built a System That Rewards Laziness
A thought-provoking look at how tech's unsung builders laid the groundwork for a digital culture that rewards viral ease over innovation and substa...Published: 16 Jul 2025 at 21:49hrs | 564 | by Libz Mbanje
Senior magistrate blames crippling economy, supports corruption
Inyathi Senior Magistrate Samukeliswe Gumbo's leaked audio on corruption is circulating on social media.The magistrate who is reported to have offered passengers a lift was recorded blasting t...Published: 16 Jul 2025 at 11:42hrs | 1019 | by Paul Ndou
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 512 | by Staff reporter
200 ambulances for all provinces in Zimbabwe
The government, in collaboration with Discovery Ambulance Services, has begun rolling out a free medical service initiative under the Presidential Emergency Medical Scheme, with plans to deploy at lea...Published: 14 Jul 2025 at 08:20hrs | 770 | by Staff reporter
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 724 | by Staff reporter
Mnangagwa heads to Japan for World Expo 2025
President Emmerson Mnangagwa is expected to arrive in Japan today ahead of Zimbabwe's National Day celebrations at the World Expo 2025 Osaka, Kansai on Wednesday. His visit is...Published: 14 Jul 2025 at 07:49hrs | 127 | by Staff reporter
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1086 | by Staff reporter
Zimbabwe police enlist Interpol in manhunt for Geza
The Zimbabwe Republic Police (ZRP) has intensified its search for fugitive war veteran and former Zanu-PF central committee member Blessed Geza, enlisting the assistance of Interpol and regional secur...Published: 13 Jul 2025 at 11:45hrs | 1191 | by Staff reporter
Victoria Falls in danger
One of Africa's most celebrated natural wonders, Victoria Falls, is facing mounting threats from climate-related water risks, particularly recurrent droughts, according to a newly released global anal...Published: 13 Jul 2025 at 11:39hrs | 573 | by Staff reporter
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 139 | by Staff reporter
Zimbabwe's 2 rotten apples
One of life's greatest follies is assuming that what matters to us matters equally to others. That our fears are shared, our desires understood, our sense of decency mutual. Quite the contrary, realit...Published: 11 Jul 2025 at 09:35hrs | 3036 | by Edmund Kudzayi
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 179 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 248 | by Staff reporter
Zimbabwe now 5th largest economy in Sadc
Zimbabwe has become the fifth-largest economy in Southern Africa following a major upward revision of its Gross Domestic Product (GDP), reflecting the inclusion of previously unrecorded economic activ...Published: 10 Jul 2025 at 08:58hrs | 307 | by Staff reporter
Zimbabwe revises GDP upwards to US$44.4 billion
Zimbabwe has recorded a significant rise in its Gross Domestic Product (GDP), now revised to ZiG168.5 trillion (approximately US$44.4 billion), marking a substantial increase from the previous estimat...Published: 09 Jul 2025 at 07:52hrs | 157 | by Staff reporter
Zimbabwe hopes to service external debt
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Financ...Published: 09 Jul 2025 at 07:48hrs | 84 | by Staff reporter
Zimbabwe doesn't need a Preacher - It needs a Champion
Nelson Chamisa is back.After months of political silence and speculation, the former Citizens Coalition for Change (CCC) leader has re-emerged, promising a new political vehicle and a "cleaner...Published: 06 Jul 2025 at 10:38hrs | 237 | by Staff reporter
War vets to resist zvigananda's Zanu-PF takeover
War veterans have pledged to resist what they describe as attempts by businesspeople of questionable morals to seize control of Zanu-PF, amid rising concerns over the growing influence of money in lea...Published: 06 Jul 2025 at 10:17hrs | 390 | by Staff reporter
Zimbabweans urged to shed negative mindset
Zimbabweans must overcome negative perceptions about their country and embrace the abundant opportunities and resources available to them, Forty Investments chief executive Clemence Kunzekweguta has s...Published: 04 Jul 2025 at 18:15hrs | 448 | by Staff reporter
Zimbabweans struggle to rebuild shattered lives abroad
For many young Zimbabweans, the idea of migrating to foreign lands has long represented hope - a chance to escape crippling unemployment and poverty in pursuit of prosperity. But for a growing number,...Published: 04 Jul 2025 at 16:13hrs | 916 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 142 | by Staff reporter
Chiwenga throws presidential rival out of Zanu PF indaba
Prominent businessman Kudakwashe Tagwirei was reportedly ejected from a ZANU PF Central Committee meeting held at the party's headquarters in Harare yesterday, following objections from senior party o...Published: 04 Jul 2025 at 07:45hrs | 1007 | by Staff reporter
SADC donates US$98,000 refrigerated truck to Zimbabwe
In a major boost to Zimbabwe's fisheries sector, the Southern African Development Community (SADC) on Thursday handed over a three-tonne refrigerated truck valued at US$98,000 to the Zimbabwe Fish Pro...Published: 03 Jul 2025 at 19:09hrs | 4208 | 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
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1685 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1062 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 306 | by Staff reporter
Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 02 Jul 2025 at 17:46hrs | 164 | by Staff reporter
No water from the tap. They're asked to pay a tax anyway
HARARE, ZIMBABWE - The cholera outbreak that swept through Zimbabwe in 2008-2009 killed more than 4,000 people and sickened nearly 100,000. Parts of Harare and its surrounding suburbs were especially ...Published: 02 Jul 2025 at 10:02hrs | 448 | by Linda Mujuru, GPJ Zimbabwe
Fidelity Gold launches elite enforcement unit
Fidelity Gold Refinery (Private) Limited has launched a dedicated Gold Trade Enforcement Unit (GTEU), a landmark development aimed at clamping down on illegal gold trading, smuggling, and value chain ...Published: 01 Jul 2025 at 12:23hrs | 286 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 192 | by Brighton Musonza
Khama should try humility
Ian Khama's latest unprovoked outburst - praising Ian Smith's Rhodesia and branding Zimbabwe a "failed state" - is as tone-deaf as it is arrogant. No wonder Batswana now regard their ex-president with...Published: 30 Jun 2025 at 17:23hrs | 579 | by Dereck Goto
Cautious optimism over Old Gwanda Road upgrade
Ward 19 councillor for Maphisa, Nqobizitha Ngwenya of the Citizens Coalition for Change (CCC), has expressed cautious optimism following a presentation by Zwane Investments, the company contracted to ...Published: 30 Jun 2025 at 13:04hrs | 193 | by Staff reporter
RBZ's decision to halt gold coin sales has drawn warnings
The Reserve Bank of Zimbabwe (RBZ)'s decision to suspend the sale of gold coins has drawn warnings from an economic analyst, who says the move could expose the Zimbabwe Gold (ZWG) currency to inflatio...Published: 30 Jun 2025 at 09:15hrs | 2589 | by Staff reporter
Pearls cast before a swine: does not know what to do with them
Power was trust upon him: Chamisa was literally given power by former President Tsvangirai on his death bed. He was terminally ill; it was a matter of days and hours; Tsvangirai died leaving Chamisa b...Published: 29 Jun 2025 at 12:31hrs | 397 | by Nomazulu Thata
Invictus Energy to get National Project Status
The Zimbabwean government has taken a significant step toward advancing the country's first major oil and gas development after issuing an updated draft of the Petroleum Production Sharing Agreement (...Published: 28 Jun 2025 at 18:46hrs | 520 | by Staff reporter
Outdated regulations stifling development in Zimbabwe
Councils across Zimbabwe must urgently modernize and adopt private sector-friendly reforms to eliminate bottlenecks in local government systems that threaten the country's ambitious economic transform...Published: 28 Jun 2025 at 15:03hrs | 58 | by Staff reporter
India backs Zimbabwe's UN Security Council seat bid
India has officially endorsed Zimbabwe's bid for a non-permanent seat on the United Nations Security Council (UNSC) for the 2027 to 2028 term, bolstering Harare's campaign for enhanced global re...Published: 28 Jun 2025 at 14:46hrs | 42 | 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
Kasukuwere viciously attacks Tagwirei
Former Zanu-PF political commissar and cabinet minister Saviour Kasukuwere has launched a scathing attack on controversial businessman Kudakwashe Tagwirei, accusing him of being the embodiment of stat...Published: 26 Jun 2025 at 17:57hrs | 3218 | by Staff reporter
Chiwenga warns tenderprenuers, 'The day of reckoning is inevitable'
Zimbabwe's Vice President, General (Retired) Constantino Chiwenga, has issued a stern warning to corrupt businesspeople, declaring that their "day of reckoning is undoubtedly coming" as the government...Published: 26 Jun 2025 at 17:05hrs | 1465 | by Staff reporter
Tagwirei sparks feud with Kasukuwere, Biti
ZANU PF-aligned businessman Kudakwashe Tagwirei has ignited a political storm after accusing self-exiled former cabinet minister Saviour Kasukuwere and former Finance Minister Tendai Biti of corruptio...Published: 26 Jun 2025 at 15:44hrs | 1116 | by Staff reporter
Load More Stories
