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Zimbabwe's power supplies improve on Kariba water boost
Zimbabwe's power generation and supply have significantly improved, driven by increased water allocation from the Zambezi River Authority (ZRA) and enhanced output from the Hwange Power Station. This ...Published: 30 Mar 2025 at 15:34hrs | 773 | by Staff reporter
Zimbabwe's monthly inflation drops to 0% in March 2025
Zimbabwe's monthly inflation rate fell to 0% in March 2025, marking a significant milestone in the country's economic stabilization efforts. The decline was attributed to a sustained tight liquidity s...Published: 28 Mar 2025 at 05:40hrs | 226 | by Staff reporter
Diaspora remittances surge 7,5% in February
Diaspora remittances to Zimbabwe grew by 7.5 percent in February 2025, reaching US$165 million, up from US$153.8 million in the same month last year. The increase highlights the continued importance o...Published: 26 Mar 2025 at 06:46hrs | 102 | by Staff reporter
Felix Tshisekedi single handedly sold the DRC to Trump
The news that Democratic Republic of Congo (DRC) President Félix Tshisekedi has proposed selling mineral rights to the United States in exchange for military support has left many in disbelief as the...Published: 23 Mar 2025 at 09:29hrs | 3984 | by Staff reporter
Zimbabwe seeks to upgrade Walvis Bay dry port
Zimbabwe is exploring ways to improve infrastructure at its Dry Port facility in Walvis Bay, Namibia, to enhance its capacity for handling imports and exports. The initiative is part of the government...Published: 23 Mar 2025 at 08:09hrs | 335 | by Staff reporter
Fidelity Gold Refinery invites bids for gold collection centre construction
Fidelity Gold Refinery (FGR), a wholly owned subsidiary of the Mutapa Investment Fund, has issued a tender for the construction of gold collection centres as part of efforts to improve accessibility a...Published: 23 Mar 2025 at 08:08hrs | 204 | by Staff reporter
'We've porous borders, we need India,' Muchinguri discloses
Zimbabwe's Minister of Defence, Oppah Muchinguri-Kashiri has sensationally disclosed that the country's borders are too porous hence the need for collabor...Published: 23 Mar 2025 at 07:06hrs | 1447 | by Gideon Madzikatidze
Zimbabwe's crocodile farming industry sets global standard
ZIMBABWE'S crocodile farming sector has set a new international benchmark with the commissioning of a state-of-the-art wastewater treatment plant at Padenga Agribusiness's Kariba facility. The US$1.2 ...Published: 22 Mar 2025 at 12:14hrs | 350 | by Staff reporter
Joining the George Ayittey Society is a step towards fighting for real change in Zimbabwe
My recent acceptance into the George Ayittey Society is an honour that fills me with immense humility and gratitude. To be part of a distinguished group of scholars, intellectuals, and researc...Published: 20 Mar 2025 at 17:12hrs | 283 | by Tendai Ruben Mbofana
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 532 | by Staff reporter
Fuel price hike expected this month
In March 2025, Zimbabwean consumers will see a slight increase in petrol prices, with the price per litre rising to US$1.54 from US$1.53 in February. On the other hand, diesel prices have experienced ...Published: 07 Mar 2025 at 10:38hrs | 639 | by Staff reporter
Zimbabwe tobacco auction season opens with 36.8% decline in sales
The first day of full-scale tobacco auctioning for the 2025 season began on Thursday, with a notable decline in the quantity of tobacco sold, marking a 36.8% drop compared to the same day in 2024. Exp...Published: 07 Mar 2025 at 08:25hrs | 345 | by Staff reporter
Gold deliveries fall by 18% in February
Fidelity Gold Refinery (FGR) has reported an 18.06% decline in gold deliveries, with total deliveries falling to 2,568.2544 kilograms (kgs) last month, compared to 3,134.3456kgs in January. The declin...Published: 07 Mar 2025 at 07:00hrs | 55 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2021 | by Staff reporter
Mnangagwa's attempts at portraying Zimbabwe and Cuba as 'sanctions victims' is absurd as Havana succeeds where Harare fails
The Zimbabwe regime appears unable to stop ridiculing itself on the global stage.The recent visit to Zimbabwe by the President of the National Assembly of People's Power and the Council of Sta...Published: 05 Mar 2025 at 16:29hrs | 899 | by Tendai Ruben Mbofana
Zimbabwe media must not agitate for illegal regime change
Advocating for the overthrow of a democratically elected government falls outside the bounds of media freedom, Information, Publicity and Broadcasting Services Minister Dr. Jenfan Muswere said yesterd...Published: 01 Mar 2025 at 08:54hrs | 161 | by Staff reporter
Vocational skills centre establishment to empower Mwenezi youths
A youth vocational skills training centre in Mwenezi district (Masvingo) is set to empower communities, with its construction being part of national thrust to harness green agricultural technologies....Published: 28 Feb 2025 at 12:55hrs | 311 | by Gideon Madzikatidze/Simbarashe Sithole recently in Mwenezi
Zimbabwe spends US$1.6 billion on second-hand car imports
Zimbabweans have spent a staggering US$1.6 billion on importing second-hand vehicles over the past six years, highlighting the need to revive the local automotive industry, Industry and Commerce Minis...Published: 27 Feb 2025 at 11:00hrs | 148 | by Staff reporter
Journalism is not a crime, but looting national resources surely is!
On Monday, February 24, 2025, Blessed Mhlanga, a senior journalist with Alpha Media Holdings, handed himself over to the Zimbabwe Republic Police at Harare Central Police Station.Hours later, ...Published: 26 Feb 2025 at 22:04hrs | 620 | by Tendai Ruben Mbofana
Mwenezi Mapfura/Marula-processor drives rural industrialisation, economy forward
Through current capacity utilisation, the Mwenezi Mapfura/Marula processing plant in Rutenga (Masvingo Province) has recorded an export and product demand surge in regional and international trade, wi...Published: 26 Feb 2025 at 19:26hrs | 621 | by Gideon Madzikatidze/Simbarashe Sithole recently in Rutenga
Avocado exports spur Tanganda revenue
Listed tea producer, packer, and distributor, Tanganda Tea Company (TTC), reported a revenue increase to US$25.7 million for the financial year ended September 30, 2024, primarily driven by strong avo...Published: 25 Feb 2025 at 07:05hrs | 543 | by Staff reporter
Chinese arrested for possessing rhino horns
A 62-year-old Chinese national appeared before the Harare Magistrates' Court facing charges of possessing rhino horns valued at US$360,000.Harare magistrate Sheunesu Matova remanded Lin Wang i...Published: 25 Feb 2025 at 07:01hrs | 429 | by Staff reporter
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 | 1023 | 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 | 448 | by Staff reporter
Farmers in Matabeleland optimistic after rains
Farmers across Matabeleland are optimistic about a promising 2024/25 farming season following consistent rains that have rejuvenated crops, with the Government projecting a bumper harvest of 3.2 milli...Published: 14 Feb 2025 at 06:07hrs | 378 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 186 | by Staff reporter
Malawi bans mineral exports effective immediately
The Malawian Ministry of Mining has announced a temporary ban on the export of all minerals, effective immediately. This measure, the Ministry says, is aimed at streamlining export procedures to ensur...Published: 13 Feb 2025 at 10:00hrs | 955 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 443 | by Staff reporter
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 399 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1248 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 255 | by Staff reporter
Concerns over RBZ's reduction of forex retention for horticulture exporters
The Horticultural Development Council (HDC) has expressed concerns about the Reserve Bank of Zimbabwe's (RBZ) recent decision to lower the foreign currency retention threshold for exporters from 75% t...Published: 10 Feb 2025 at 09:41hrs | 229 | by Staff reporter
Zimbabwe struggles to promote ZiG
THE Zimbabwean government faces challenges in promoting the Zimbabwe Gold (ZiG) currency for financial stability, as some businesses remain reluctant to accept it, preferring the U.S. dollar, which re...Published: 08 Feb 2025 at 12:52hrs | 582 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe central bank goes after informal traders forex, exporters' proceeds
The Reserve Bank of Zimbabwe (RBZ) has announced a further reduction in export retention proceeds, cutting them by an additional 5%, as part of measures aimed at boosting foreign currency reserves and...Published: 07 Feb 2025 at 06:43hrs | 1181 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 164 | 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 lo...Published: 06 Feb 2025 at 09:12hrs | 1317 | by Staff reporter
Orlando Pirates reject accepted in the English Premier League
There was a time when Zimbabwean footballer Marshall Munetsi was told he wasn't good enough to play for South African giants Orlando Pirates. Now, the resilient midfielder is having the last laugh aft...Published: 05 Feb 2025 at 15:27hrs | 8426 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 170 | by Staff reporter
Over 600,000 used the SA-Zimbabwe border during festive season
A total of 645,590 travellers used the Beitbridge Border Post during the recently concluded 2024 festive season, according to an announcement made by South Africa's Border Management Authority (BMA) o...Published: 05 Feb 2025 at 11:52hrs | 42 | by Staff reporter
Zimbabwe's Manhize steel plant hits key milestone
The US$1.5 billion Manhize Steel Plant, located in the Midlands province, has officially commenced the production of reinforced steel bars (rebars), marking a significant milestone in Zimbabwe's indus...Published: 05 Feb 2025 at 11:48hrs | 1043 | by Staff reporter
80% of Matebeleland South roads untrafficable
At least 80% of the road infrastructure in Matebeleland South has been severely damaged by heavy rains that have pounded Zimbabwe in recent weeks, a Zanu-PF lawmaker has claimed. The province has been...Published: 02 Feb 2025 at 18:50hrs | 1148 | by Staff reporter
Zimbabwean man's R14 million cigarette smuggling case in SA
The case against a 44-year-old Zimbabwean man, Jaint Janos Bimha, who was recently arrested for smuggling Remington Gold cigarettes worth R14 million into South Africa, has been postponed for formal b...Published: 28 Jan 2025 at 06:58hrs | 142 | by Staff reporter
Goat Meat is in Short Supply in Zimbabwe: Sifiso Agbetorwoka
Sifiso Agbetorwoka, a well-known goat farmer in Zimbabwe and the owner of Bulembe Farm, recently hosted a Goat Breeding Masterclass at her farm. She highlighted the challenges facing goat farmers in Z...Published: 22 Jan 2025 at 10:14hrs | 1189 | by Mncedisi Nyathi
R14 million Zimbabwe cigarettes intercepted at SA border
South African authorities have apprehended a 44-year-old migrant at the Beitbridge border post after intercepting a consignment of illicit Remington Gold cigarettes valued at an estimated R14 million....Published: 20 Jan 2025 at 19:31hrs | 832 | by Staff reporter
Zimbabwe lifts ban on cloven-hoofed animal imports from South Africa
The Red Meat Producers' Organisation (RPO) and Agricultural Business Chamber of South Africa (Agbiz) have welcomed Zimbabwe's recent move to lift the ban on the importation of cloven-hoofed animals an...Published: 20 Jan 2025 at 10:23hrs | 215 | by Staff reporter
Zimbabwe's tobacco export earnings reach US$1.3 billion in 2024
Zimbabwe's tobacco export earnings reached US$1.3 billion in 2024, a notable increase from US$1.23 billion in 2023, marking the second consecutive year that earnings have surpassed the US$1 billion ma...Published: 16 Jan 2025 at 07:12hrs | 257 | by Staff reporter
SA in record-high grain exports to Zimbabwe
The Port of Durban is currently receiving a shipment of imported white maize, marking the first import of the grain since March 2017 when South Africa was grappling with a severe drought.The A...Published: 15 Jan 2025 at 06:44hrs | 659 | 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 | 112 | by Staff reporter
'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 c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
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