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Parly pushes for urgent overhaul of Zimbabwe's outdated steel laws
Parliament has called for swift amendments to Zimbabwe's antiquated Iron and Steel Act of 1942, warning that the outdated legislation is stifling the country's steel industry, undermining export compe...Published: 26 Jun 2025 at 11:18hrs | 228 | by Staff reporter
Chivayo exposed as the beneficiary of cancer machine contract
Embattled businessman and ZANU PF-linked tenderpreneur Wicknell Chivayo has been exposed as the beneficiary of a staggering US$437 million government contract for the supply of cancer treatment equipm...Published: 24 Jun 2025 at 13:15hrs | 1223 | by Staff reporter
Lithium rush a crossroads for Zimbabwe's future
Africa, which holds significant estimated shares of the world's total reserves of bauxite (24%), cobalt (49.4%), copper (7%), graphite (21%), lithium (6%), manganese (43%), nickel (4.2%) and rare eart...Published: 24 Jun 2025 at 10:27hrs | 314 | by Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
Lake Kariba black market fish trade fuels illicit financial flow
A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...Published: 22 Jun 2025 at 09:08hrs | 212 | by Staff reporter
Mawarire accuses Mnangagwa of 'monetising problems'
President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former Nation...Published: 18 Jun 2025 at 19:30hrs | 1129 | by Staff reporter
Mnangagwa cronies get lucrative tenders
On 5 May 2025, Youth Minister Tinoda Machakaire posted a seemingly heartfelt message on social media expressing deep concern over the dire state of Zimbabwe's public health institutions. Visiting a ho...Published: 18 Jun 2025 at 18:42hrs | 604 | by Staff reporter
Chamisa berates Chivayo's cancer machines tender
Former opposition leader Nelson Chamisa has sharply criticised the government's decision to award a lucrative tender for cancer treatment machines to Wicknell Chivayo, a known ZANU PF member and busin...Published: 18 Jun 2025 at 18:34hrs | 1366 | by Staff reporter
Nick Mangwana defends $439 million no-tender deal for cancer equipment
The Zimbabwean government has come under intense public scrutiny following confirmation that it awarded a US$439 million cancer treatment equipment contract to a South African company without going th...Published: 17 Jun 2025 at 17:48hrs | 1283 | by Staff reporter
Zimbabwe Mercantile Exchange reports surge in grain demand
The Zimbabwe Mercantile Exchange (ZMX) has recorded a significant surge in demand for grain commodities during the trading week of June 9 to 13, highlighting a dynamic shift in the country's agricultu...Published: 17 Jun 2025 at 07:32hrs | 62 | by Staff reporter
Zimbabwe govt squeezes miners for more forex
Zimbabwe's mining industry is facing increased strain as government departments intensify demands for miners to pay taxes and fees in foreign currency-on top of the mandatory 30% surrender of ex...Published: 16 Jun 2025 at 14:48hrs | 181 | by Staff reporter
Zimbabwe to boost steel, coal exports to DRC amid growing demand
Zimbabwe should capitalise on its expanding steel and coal industries to increase exports to the Democratic Republic of Congo (DRC), where demand for these commodities is rapidly growing, Mines and Mi...Published: 13 Jun 2025 at 06:29hrs | 798 | by Staff reporter
US warns Zimbabwe trade talks could collapse
The United States has cautioned that Zimbabwe's efforts to secure reduced tariffs on its exports face significant risks due to tight negotiation timelines, even as a temporary reprieve has been grante...Published: 12 Jun 2025 at 19:01hrs | 323 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 1050 | by Staff reporyter
Zimbabwe to ban export of lithium concentrates
Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...Published: 11 Jun 2025 at 08:41hrs | 226 | by Staff reporter
Extended tobacco stalk destruction date expires
The grace period granted to tobacco farmers to clear their fields of tobacco stalks and roots ended on June 5, and the Government has now intensified monitoring efforts to enforce compliance, with def...Published: 09 Jun 2025 at 08:40hrs | 119 | by Staff reporter
US reviewing Zimbabwe's trade proposal to reduce tariffs
The United States government is currently reviewing a formal proposal from Zimbabwe aimed at establishing a more balanced and reciprocal trade relationship by reducing tariffs between the two countrie...Published: 08 Jun 2025 at 11:58hrs | 238 | by Staff reporter
Zimbabwe exporters sound alarm over tough new forex rules
Zimbabwean exporters are facing fresh turbulence following the government's move to tighten foreign currency controls - scrapping critical export incentives and enforcing tougher surrender requirement...Published: 05 Jun 2025 at 11:34hrs | 2961 | by Staff reporter
Zimbabwe's mining industry set for over 7% growth
Zimbabwe's mining sector is on track for significant growth in 2025, with projections indicating an expansion of over seven percent, fueled primarily by strong performances in gold and coal production...Published: 05 Jun 2025 at 10:04hrs | 56 | by Staff reporter
Zimbabwe Chamber of Mines optimistic about 100 tonnes gold target
The Chamber of Mines Zimbabwe (CoMZ) has expressed confidence that the country can meet the Government's ambitious annual gold production target of 100 tonnes, despite the current national target stan...Published: 05 Jun 2025 at 10:03hrs | 124 | by Staff reporter
Zimbabwe moves to revive pharmaceutical sector
The Government of Zimbabwe has announced a comprehensive set of interventions aimed at revitalising the country's pharmaceutical industry, with a focus on increasing local drug production, reducing im...Published: 04 Jun 2025 at 09:33hrs | 184 | by Staff reporter
Tobacco exports reach US$381 million
Zimbabwe has earned US$381 million from tobacco exports so far this year, as the country intensifies efforts to increase value addition and beneficiation in its lucrative tobacco sector.Accord...Published: 03 Jun 2025 at 09:27hrs | 85 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1980 | by Staff reporter
Zimbabwe tobacco sales hit US$800 million
Zimbabwe's tobacco earnings have soared to over US$800 million since the start of the 2025 marketing season in March, reflecting a strong rebound in output and continued global demand for the golden l...Published: 31 May 2025 at 13:48hrs | 131 | by Staff reporter
ZNCC calls for urgent policy reform
The Zimbabwe National Chamber of Commerce (ZNCC) has issued a strong call for urgent policy reforms to revive the country's struggling economy, warning that businesses cannot thrive under the current ...Published: 31 May 2025 at 13:48hrs | 70 | by Staff reporter
Mnangagwa challenges NatFoods to raise exports
President Emmerson Mnangagwa has challenged National Foods Holdings Limited to intensify its regional export efforts following the commissioning of the company's new production lines for pasta, biscui...Published: 30 May 2025 at 09:46hrs | 218 | by Staff reporter
Govt moves to rein in illegal chrome miners
The Zimbabwe Miners Federation (ZMF) has raised serious concerns over the escalating illegal chrome mining activities along the Great Dyke, warning of extensive environmental damage, water pollution, ...Published: 26 May 2025 at 19:42hrs | 785 | by Staff reporter
Zimbabwe makes major strides in reviving steel industry
Zimbabwe is steadily reclaiming its position as a regional steel industry leader after the recent shipment of nearly 100 tonnes of steel products by the newly commissioned Dinson Iron and Steel Compan...Published: 26 May 2025 at 08:23hrs | 268 | by Staff reporter
Africa Day
As we celebrate the African renaissance, we must also be in a position to reflect on what the continent must do in order to improve the lives of African people.AFRICA must come up with one Afr...Published: 24 May 2025 at 22:55hrs | 156 | by Leonard Koni
Zimbabwe's gold sector performing exceptionally well, but
Zimbabwe's gold sector is experiencing a period of robust growth, yet mining leaders and experts are asking whether the country is fully capitalising on its mineral wealth.This was the central...Published: 24 May 2025 at 09:00hrs | 67 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 619 | by Staff reporter
Zimbabwe turns to cotton GMOs to reboot sector
Zimbabwe has embarked on a strategic initiative to assess the performance of genetically modified (GM) cotton varieties as part of efforts to revitalise its vital cotton industry - a corne...Published: 20 May 2025 at 09:56hrs | 61 | by Staff reporter
Namibian leader arrives for talks with Mnangagwa
Namibian President Netumbo Nandi-Ndaitwah arrived in Zimbabwe last night ahead of her scheduled meeting with Southern African Development Community (SADC) Chairperson, President Emmerson Mnangagwa, at...Published: 20 May 2025 at 09:53hrs | 276 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Zimbabwe mining industry to grow by 7% in 2025
Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ)....Published: 18 May 2025 at 11:48hrs | 275 | by Staff reporter
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 151 | by Staff reporter
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: 16 May 2025 at 17:29hrs | 456 | 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 | 72 | by Staff reporter
Zimbabwe's beef output rises 5.1% in 2024
Zimbabwe produced 94,600 tonnes of beef in 2024, a 5.1 percent increase from 90,000 tonnes in 2023, driven by drought-induced emergency destocking and a steadily growing national herd, according to th...Published: 11 May 2025 at 12:37hrs | 113 | by Staff reporter
Chitando bemoans gold smuggling
Mines and Mining Development Minister Winston Chitando has raised alarm over the persistent threat of gold smuggling and other illicit activities, warning that Zimbabwe could be losing up to 40% of it...Published: 09 May 2025 at 11:02hrs | 208 | by Staff reporter
'Zimbabwe has huge export potential in floriculture'
Zimbabwe's national trade development and promotion agency, ZimTrade, has spotlighted floriculture as a profitable and viable agricultural venture, urging farmers to diversify into flower production t...Published: 07 May 2025 at 09:21hrs | 119 | by Staff reporter
Zimbabwe's exports surge by 13.5%
Zimbabwe's export earnings surged by 13.5 percent in March 2025 to reach US$581.9 million, up from US$512.6 million in February, underscoring the country's growing productivity, mineral output and the...Published: 03 May 2025 at 08:35hrs | 779 | by Staff reporter
CZI urges companies to reduce idle capacity
Confederation of Zimbabwe Industries (CZI) chief executive officer, Ms Sekai Kuvarika, has called on Zimbabwe's manufacturing sector to reduce unutilised capacity as a key strategy to lower production...Published: 30 Apr 2025 at 07:14hrs | 289 | by Staff reporter
Iran-Zimbabwe to launch pharmaceutical joint venture
Zimbabwe is set to benefit from a major industrial boost following Iran's commitment to establish a pharmaceutical manufacturing facility and a tractor assembly plant in the country through a joint ve...Published: 30 Apr 2025 at 07:12hrs | 134 | by Staff reporter
Zimbabwe projects record maize harvest
Zimbabwe is projected to harvest approximately 2.2 million tonnes of maize from the 2024/25 agricultural season, marking the fourth-highest yield in the country's history, the government has announced...Published: 30 Apr 2025 at 07:11hrs | 110 | by Staff reporter
Zimbabwe becomes 5th largest avocado producer in Africa
Zimbabwe has emerged as Africa's fifth-largest producer of avocados, following a 164 percent surge in production over the past six years, thanks to increased investments from both government and the p...Published: 29 Apr 2025 at 07:05hrs | 349 | by Staff reporter
Geza stay away takes the shine off from trade fair?
The curtain came down yesterday on the 2024 edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo, with mixed reactions as concerns were raised over the low turnout of both exhibitors an...Published: 28 Apr 2025 at 12:40hrs | 476 | by Staff reporter
ZITF 2025 generates US$10 million worth of deals
The 65th edition of the Zimbabwe International Trade Fair (ZITF) concluded on a high note yesterday, generating business deals worth up to US$10 million and securing significant trade agreements, rein...Published: 28 Apr 2025 at 12:32hrs | 64 | by Staff reporter
Daniel Chapo courts Zimbabwe investors at ZITF
Mozambican President Daniel Francisco Chapo has emphasized the importance of expanding economic cooperation between Mozambique and Zimbabwe, calling for more robust trade relations and foreign direct ...Published: 28 Apr 2025 at 12:31hrs | 119 | by Staff reporter
Zimbabwe's suspension of tariffs on US goods triggers debate
The recent decision by the Zimbabwean Government to suspend a 35 percent tariff previously levied on goods from the United States has ignited a spirited debate among economic stakeholders, with the Na...Published: 28 Apr 2025 at 12:25hrs | 197 | by Staff reporter
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