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Victoria Falls to host high-stakes conference

The Corporate Governance and Accounting Institute of Zimbabwe (CGAIZ) will hold its highly anticipated annual conference next week in Victoria Falls, bringing together thought leaders, policymakers, and industry professionals from Septembe…

Published: 13 Sep 2025 at 13:50hrs | 1 | by Staff reporter

Zimbabwe's informal economy a risk to anti-money laundering drive

Zimbabwe's high levels of informal economic activity remain a significant obstacle in the country's fight against money laundering, officials have warned. The informal sector, estimated to account for 64.1% of the economy, relies heavily o…

Published: 13 Sep 2025 at 13:46hrs | 1 | by Staff reporter

Zimbabwe's real problem isn't tinted windows

Only in Zimbabwe can a government decree be born in the morning and die by sundown. On Tuesday, Presidential Affairs secretary Tafadzwa Muguti thundered against tinted windows, ordering citizens to strip them off or risk having police smas…

Published: 04 Sep 2025 at 07:42hrs | 320 | by Staff reporter

Cash dependency threatens Zimbabwe's digital economy goals

Banking experts have warned that Zimbabwe's heavy reliance on cash is undermining the country's push towards a digital economy, despite widespread mobile penetration and modern payment infrastructure.Speaking at the inaugural ZimSwitch Dig…

Published: 04 Sep 2025 at 07:41hrs | 63 | by Staff reporter

AfDB projects 6% economic growth for Zimbabwe

The African Development Bank (AfDB) has projected that Zimbabwe is on track to achieve a six percent economic growth rate this year, supported by stability and recovery across key productive sectors.AfDB Principal Country Economist Kelvin …

Published: 19 Aug 2025 at 18:51hrs | 155 | by Staff reporter

Zimbabwe slides into a spaza nation

Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, their spacious premises now partitioned …

Published: 01 Aug 2025 at 13:17hrs | 817 | by Staff reporter

Mthuli Ncube admits economy chaos

The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty and rewards evasion. The disclosure co…

Published: 01 Aug 2025 at 09:12hrs | 632 | by Staff reporter

Zimbabwe govt risks losing millions in undelivered goods

The Zimbabwean government faces the risk of losing millions of dollars after revelations that several ministries, departments, and agencies (MDAs) have yet to receive vehicles and other assets paid for as far back as 2021, according to the…

Published: 29 Jul 2025 at 09:04hrs | 661 | by Staff reporter

Zimbabwe's GDP declines 1.73%

Zimbabwe's Gross Domestic Product (GDP) contracted by 1.73% to ZWG17.6 billion in the first quarter of 2025, down from ZWG17.9 billion recorded in the fourth quarter of 2024, the Zimbabwe National Statistics Agency (ZimStat) announced yest…

Published: 29 Jul 2025 at 09:01hrs | 217 | by Staff reporter

Mutapa, RBZ push for economic transformation

The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates efforts to achieve its Vision 2030 goal of b…

Published: 28 Jul 2025 at 14:18hrs | 206 | by Staff reporter

Zimbabwe's formal economy tanks

Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now informal. This represents a sharp increa…

Published: 24 Jul 2025 at 16:09hrs | 596 | by Staff reporter

Only leadership change can save Zimbabwe's economy

FREEZIM Congress party leader Joseph Makamba Busha has said Zimbabwe's deepening economic woes can only be resolved through a complete change of government leadership, accusing the ruling Zanu-PF party of entrenching corruption and mismana…

Published: 19 Jul 2025 at 10:00hrs | 487 | 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 activitiesâ€”particularly those in the infor…

Published: 10 Jul 2025 at 08:58hrs | 318 | 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 severely impact vulnerable economies like…

Published: 03 Jul 2025 at 12:30hrs | 312 | by Staff reporter

Zimbabwe's economy continues to register positive strides

ZIMBABWEAN President Emmerson Mnangagwa said on Saturday that the country's economy continues to register positive strides.In a post on X, the president said that economic growth is being driven by strong performance in mining and tourism,…

Published: 22 Jun 2025 at 09:00hrs | 51 | by Staff reporter

Tax evasion bleeds Zimbabwe economy

Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national development and public services.Transparen…

Published: 21 Jun 2025 at 09:44hrs | 90 | by Staff reporter

Zimbabwe finalising first-ever economic census

Zimbabwe is in the final stages of completing its first-ever economic census, which will for the first time incorporate detailed data on the informal sector, Deputy Minister of Finance, Economic Development and Investment Promotion, Kudakw…

Published: 28 May 2025 at 11:04hrs | 200 | 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 consumer spending.This comes amid intensif…

Published: 16 May 2025 at 15:03hrs | 675 | 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 prosecuted over 700 shops for tax evasion,…

Published: 16 May 2025 at 10:41hrs | 411 | by `

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 and promote sustainable development.This…

Published: 15 May 2025 at 09:06hrs | 84 | by Staff reporter

Zimbabweans rush into property

Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the country's stock market - is underperforming.T…

Published: 11 May 2025 at 16:38hrs | 1692 | by Staff reporter

IMF, World Bank urged to back Zimbabwe economic recovery efforts

Former Mozambican President Dr Joaquim Chissano and African Development Bank (AfDB) President Dr Akinwumi Adesina have called on the International Monetary Fund (IMF) and the World Bank to support Zimbabwe's economic recovery efforts, emph…

Published: 23 Apr 2025 at 08:29hrs | 146 | by Staff reporter

CABS renews US$40m facility to support the Zimbabwe economy

The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of its financial results for the year ended…

Published: 21 Apr 2025 at 09:03hrs | 282 | by Staff reporter

If Zimbabweans want real change, it's time to pray for new leaders

Zimbabweans now need to break the cycle of oppression and suffering.Over 80% of the population of Zimbabwe lives in poverty, according to the World Bank. This is not just a statistic; it's a stark reality that is felt by every family, ever…

Published: 01 Apr 2025 at 17:15hrs | 2090 | by Tendai Ruben Mbofana

Zimbabwe among Africa's fastest-growing economies in 2025

Zimbabwe is expected to be one of Africa's fastest-growing economies this year, with the African Development Bank (AfDB) forecasting a 5.3 percent growth rate.This strong projection is slightly below the 6 percent estimated by Finance, Eco…

Published: 26 Feb 2025 at 07:42hrs | 381 | by Staff reporter

Mukuru advocates for cashless economy

The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payments is essential for a more efficient a…

Published: 09 Feb 2025 at 11:30hrs | 1440 | by Staff reporter

Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline

Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its loans to China.The wealthy Gulf state has…

Published: 06 Feb 2025 at 09:12hrs | 1324 | by Staff reporter

22,000 signatures for govt to invest in education sector

More than 22,000 people have signed a petition calling for the Zimbabwean government to invest more in the education sector, following a nationwide advocacy campaign led by the Amalgamated Rural Teachers Union of Zimbabwe (Artuz). The peti…

Published: 30 Jan 2025 at 07:02hrs | 215 | by Staff reporter

Harare woman wins matrimonial house dispute

The High Court has ruled in favor of Letween Kadiya, a Harare woman who was awarded US$32,500 as her rightful share from the proceeds of the sale of the matrimonial house by her estranged husband, Kudakwashe Naison.Kadiya had initially cla…

Published: 30 Jan 2025 at 07:02hrs | 668 | by Staff reporter

Zimbabwe at tipping point over ED2030

Hard-hitting statements by Zimbabwe's war veterans calling on President Emmerson Mnangagwa to step down have exposed deepening factional rifts within Zanu-PF over the controversial push to extend his term to 2030, according to party inside…

Published: 29 Jan 2025 at 08:50hrs | 940 | by Staff reporter

ICT Minister in alleged provocation at Heroes Acre

ICT, Postal and Courier Services Minister Tatenda Mavetera is facing mounting criticism and backlash after leading a controversial song at the burial of Justin Mupamhanga at Heroes Acre on Monday, which many perceived as a veiled attack on…

Published: 29 Jan 2025 at 08:50hrs | 603 | by Staff reporter

Zimbabwe economy implodes

Analysts and opposition political parties have raised alarm over a surge in job losses as companies downsize or shut down due to the prevailing tough economic environment in Zimbabwe. The formal retail sector has been particularly hard-hit…

Published: 29 Jan 2025 at 08:49hrs | 1361 | by Staff reporter

Will Zimbabweans finally stand up against oppression or continue trapped by fear?

Zimbabwe is at a crossroads! From various segments of Zimbabwean society - including social justice advocates like myself, opposition groups, and pro-democracy activists - there has been relentless and unequivocal opposition to the propose…

Published: 22 Jan 2025 at 10:20hrs | 959 | by Tendai Ruben Mbofana

Abort this 2030 agenda

Mnangagwa is attempting to mask his intentions to extend his time in office. Deep down, he wishes to extend his tenure, but he is unable to express this publicly and prefers to seem to obey the Constitution by employing parallel organisati…

Published: 22 Jan 2025 at 10:17hrs | 1004 | by Leonard Koni

'Zimbabwe economy heads for a bloodbath'

Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns come amid persistent liquidity shortages…

Published: 14 Jan 2025 at 14:16hrs | 922 | by Staff reporter

Zimbabwe Banking on Gold to Drive Economic Growth and Foreign Currency Inflows

Zimbabwe's gold sector is on track to significantly boost the country's economy, with output projected to reach 40 tonnes this year. This growth is attributed to substantial investments, a stable operating environment, and increased mining…

Published: 07 Jan 2025 at 18:19hrs | 855 | by Ndou Paul

Is Zimbabwe on the brink of collapse?

Zimbabwe is standing at a dangerous crossroads as the nation endures an escalating energy crisis that threatens its economy, livelihoods, and future prospects. The recent wave of prolonged power outages and repeated national blackouts has …

Published: 18 Dec 2024 at 13:05hrs | 2026 | by Tendai Ruben Mbofana

BCC leases land for business to boost local economy

The City of Bulawayo has announced the opening of a new tender process inviting bids for the lease of several business premises across the city. This initiative is part of the local authority's efforts to enhance economic development and p…

Published: 08 Dec 2024 at 09:52hrs | 124 | by Staff reporter

Ramaphosa's economy shrinks 0.3%

The South African economy unexpectedly contracted by 0.3% from the second to the third quarter this year.Economists polled by Reuters expected growth of 0.5%.In the third quarter, the economy was only 0.3% larger than a year before.The mai…

Published: 03 Dec 2024 at 15:39hrs | 312 | by Staff reporter

Cement imports threaten Zimbabwe's economy, warns PPC Zimbabwe

Zimbabwe risks losing approximately US$50 million annually in foreign currency if cement imports continue to flood the market, warns leading cement manufacturer Pretoria Portland Cement (PPC) Zimbabwe.Despite sufficient local production ca…

Published: 02 Dec 2024 at 18:57hrs | 1265 | by Staff reporter

Whites want South Africa's township economy

South Africa has had Spaza shops controlled by foreigners for the better part of 30 years, and we never had food poisoning. But all of a sudden, now that white foreigners are building malls in the townships and ShopRite and Pick n Pay want…

Published: 14 Nov 2024 at 15:16hrs | 924 | by Rutendo Matinyarare

Afreximbank to inject US$1bn into Zimbabwe economy

The African Export-Import Bank (Afreximbank) has announced a substantial financial commitment of US$1 billion to support Zimbabwe's economic growth, with funds allocated to various sectors in both the public and private spheres. This commi…

Published: 14 Nov 2024 at 09:21hrs | 200 | by Staff reporter

'Trump Presidency to hurt Zimbabwe's trade, investments'

Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities.Trump, who recently made a political co…

Published: 11 Nov 2024 at 07:13hrs | 2309 | by Staff reporter

'Zimbabwe economy among the least free globally'

Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, renowned for its Economic Freedom of the W…

Published: 08 Nov 2024 at 07:02hrs | 668 | by Staff reporter

Weak currency key to economic growth, says Mthuli Ncube

Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has defended Zimbabwe's weak domestic currency, asserting that it has played a crucial role in fostering economic growth. Speaking at a signing ceremony for four …

Published: 31 Oct 2024 at 06:52hrs | 647 | by Staff reporter

Economy registers three-year growth, says Prof Ncube

Zimbabwe has sustained robust economic growth over the past three years, averaging an impressive 6.8 percent annually, despite significant currency fluctuations, Finance, Economic Development, and Investment Promotion Minister, Professor M…

Published: 31 Oct 2024 at 06:48hrs | 90 | by Staff reporter

'Zanu-PF ignores economy over ED2030 agenda'

The recently concluded Zanu-PF annual conference in Bulawayo has drawn sharp criticism from political analysts, who argue that the event underscored the ruling party's indifference toward Zimbabwe's economic challenges. Analysts noted that…

Published: 30 Oct 2024 at 07:55hrs | 228 | by Staff reporter

Zimbabwe's currency conundrum: Meagre gold reserves can't sustain the ZiG

Today, during his State of the Nation Address (SONA), President Emmerson Dambudzo Mnangagwa announced that the government would set aside 50% mineral royalties to shore up the local currency. The Zimbabwe Gold (ZiG or ZWG), which was intro…

Published: 02 Oct 2024 at 20:53hrs | 2943 | by Tendai Ruben Mbofana

Currency crisis piles more misery on fragile Zimbabwe economy

Leading economists have raised concerns over the potential economic impact of the recent waves of price hikes and currency volatility, which threaten to further destabilize an already fragile economy. The warnings come as Zimbabwe slashed …

Published: 20 Sep 2024 at 13:12hrs | 3500 | by Staff reporter

Zimbabwe economic saboteurs go after Finance ministry?

Despite the significant strides made by Zimbabwe's Second Republic in reviving the economy and spearheading widespread infrastructural development, detractors continue to work hard to discredit these achievements. Their attempts to undermi…

Published: 13 Sep 2024 at 08:01hrs | 659 | by Staff reporter

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Zimbabwe clinches historic T20I series win

Harare suburb battles severe sewage crisis

Chirumanzu chieftainship dispute intensifies

Churches pray for Mnangagwa's continued rule

Church commits to partnering govt in anti-drugs, substances abuse

Ex-Bosso CEO found guilty of US$2,000 fraud

RemitHope seeks to raise US$100 000 for 10 grassroots organisations in Africa

US lawmaker pushes Zimbabwe to repay white farmers

USA could finally repeal ZDERA sanctions on Zimbabwe, but...

3 men jailed for robbing Freda Mine worker in Gwanda

Security guard goes on goat stealing spree

Man finally in court 8 years after sister's murder

Unlicenced joyride 'car thief' beg court

Women's Bank partners Govt

Inferno destroys 30 vehicles at Mutare's Brooms garage

Potraz relocates over 40 base stations

Ruwa robbery suspects arrested after lavish spending spree

Kalangas rejects claims of subservience to Ndebele Kingdom

Organicare convicted for selling unregistered medicine

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean man fatally attacked by elephant in South Africa

Hwange villagers lose livestock to water poisoning

Woman thrown out of moving car by robbers

Mother and son jailed for rape of a 15-year-old girl

Schoolkids drugged in biscuit scandal

Lost Harare Chieftainship seeks reinstatement

Parliament petitioned against water privatisation

Man pushes for mandatory DNA confirmation in maintenance cases

New tobacco grading system on the cards

Grain millers warn of impending mealie-meal shortage

Ramaphosa posts explicit videos on X

'Harare-Mutare-Vic Falls flight route permanent,' AirZim announces

Sanctions were never Zimbabwe's real problem: Their removal will finally expose the regime's failures

The Zimbabwe Government is Not Learning from Past Mistakes

War vets sharpen knives against Mnangagwa

Germany's Dislike of Ms. Anna Lena Baerbock Makes Her Vulnerable at the UN

Injiva gunned down

Chivayo blows US$3m on luxury cars for Zanu-PF chiefs

UK family finds 'better standard of living' in Zimbabwe

Zimbabwean nurse tells shocking ordeal in UK Memoir

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