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Zimbabwe govt brokers EU power deals as blackouts unsettle economy
The Zimbabwean government is actively facilitating partnerships between local independent power producers (IPPs) and European Union (EU) investors to secure much-needed funding for critical energy pro...Published: 15 hrs ago | 329 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 15 hrs ago | 2063 | by Staff reporter
Zimbabwe govt suppliers plot Treasury showdown at funeral parlour
In an extraordinary show of desperation, Zimbabwean government contractors used the funeral wake of one of their own last Thursday to plot emergency engagements with Treasury officials, warning that u...Published: 15 hrs ago | 368 | by Staff reporter
Steward Bank records 18% surge in US dollar deposits
Steward Bank has reported an 18% year-on-year increase in US dollar deposits, along with a boost in profitability, in a development seen as a strong vote of confidence in the bank's evolving strategy ...Published: 15 hrs ago | 63 | by Staff reporter
Zimbabwe's pension crisis: Full compensation for 2008 losses may take 100 years
Zimbabwe's pension funds have sounded the alarm over their inability to compensate retirees who lost their life savings during the 2008 economic collapse, warning that, at current fund levels, full re...Published: 15 hrs ago | 170 | by Staff reporter
Zimbabwe's inflation rate shows signs of easing
Zimbabwe's weighted and US dollar monthly inflation rates eased in May 2025, with the weighted inflation dropping by 0.3 percentage points to reach 0 percent, indicating progress towards greater econo...Published: 29 May 2025 at 10:30hrs | 175 | by Staff reporter
Zimbabwe's new politics of fraud
IN Zimbabwe, politics is no longer just the art of the possible.It has become the science of the scam.From boreholes to buses, roads to resettlement deeds, today's governance is not me...Published: 29 May 2025 at 10:23hrs | 451 | by Staff reporter
Zimbabwe's weighted inflation rate hits 0% in May
Zimbabwe's monthly weighted average inflation rate fell to 0 percent in May 2025, marking a significant step toward economic stability and price predictability across both local and foreign currency m...Published: 29 May 2025 at 10:12hrs | 102 | by Staff reporter
Zimbabwe turns to sugar, fast foods, and booze for revenue
Zimbabwe's Treasury is relying heavily on taxes imposed on sugar, fast food, and alcoholic beverages to recoup hundreds of millions of dollars lost following sharp cuts in official development assista...Published: 28 May 2025 at 11:02hrs | 413 | by `
Bail for man accused of assaulting MP in hotel car park
A Harare man appeared in court Friday charged with assault and malicious damage to property after allegedly attacking Masvingo South MP Tanatsiwa Mukomberi, accusing him of having an affair with his w...Published: 28 May 2025 at 10:33hrs | 69 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 189 | by Staff reporter
Zimbabwe mining sector job carnage only a tip of the iceberg
Zimbabwe's mining sector recorded a staggering loss of 1,216 jobs in 2024 - a 314% increase from the previous year - according to a recent report by the Chamber of Mines of Zim...Published: 26 May 2025 at 08:20hrs | 135 | by Staff reporter
RBZ blames liquidity crunch on hoarding of US dollars
The Reserve Bank of Zimbabwe (RBZ) has attributed the ongoing liquidity crunch in the economy to the hoarding of United States dollars, dismissing claims that the shortage is linked to limited supply ...Published: 26 May 2025 at 08:15hrs | 106 | by Staff reporter
Teachers petition Rights Commission over labour injustices
The Amalgamated Rural Teachers Union of Zimbabwe (ARTUZ) has filed a formal complaint with the Zimbabwe Human Rights Commission (ZHRC), accusing the government of systematically violating the rights o...Published: 26 May 2025 at 07:55hrs | 16 | by Staff reporter
How the NRZ Can Fund Zimbabwe's Pensioners on Its Own
As Zimbabweans, do we pause to look inward and realise that some of the solutions we desperately seek already lie within our own institutions. The National Railways of Zimbabwe (NRZ) stands as a t...Published: 24 May 2025 at 23:02hrs | 386 | by Jacob Kudzayi Mutisi
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 | 605 | by Staff reporter
Biti warns of disaster if Tagwirei ascends to Zimbabwe's Presidency
Former opposition MP and finance minister Tendai Biti has sounded alarm over the possible political elevation of controversial businessman Kudakwashe Tagwirei, warning that his rise to the presidency ...Published: 22 May 2025 at 10:11hrs | 914 | by Staff reporter
UZ offers 'poverty wages' to stand-in lecturers
The University of Zimbabwe (UZ) has come under fire after offering what critics have branded as "poverty wages" to temporary lecturers hired to replace striking academic staff demanding better pay and...Published: 21 May 2025 at 20:57hrs | 904 | by Staff reporter
No, Mr. Chivayo, it's not your money, it's ours!
It's mind-boggling how easily some people slip into delusion.Wicknell Chivayo's recent outburst on social media - declaring that he has no obligation to assist public hospitals and can do what...Published: 20 May 2025 at 21:36hrs | 1458 | by Tendai Ruben Mbofana
Zimparks infrastructure in bad state
The Zimbabwe Parks and Wildlife Management Authority (Zimparks) has raised alarm over the deteriorating state of its infrastructure, warning that the situation is severely affecting domestic tourism a...Published: 20 May 2025 at 10:21hrs | 388 | by Staff reporter
Econet to hike bundle prices on Wednesday
Leading telecommunications provider Econet Wireless Zimbabwe has announced a scheduled revision of its Voice, Data and SMS bundle prices, set to take effect on Wednesday, 21 May 2025.In a publ...Published: 20 May 2025 at 09:51hrs | 317 | by Staff reporter
Chivayo rubbishes SA financial intelligence report on corruption claims
The controversial tenderpreneur calling himself Mbinga, Wicknell Chivayo, has dismissed the financial intelligence report originating from South Africa that he conducted clandestine and corrupt transa...Published: 20 May 2025 at 09:10hrs | 1080 | by Stephen Jakes
UZ to replace striking lecturers
The University of Zimbabwe (UZ) is moving to hire external experts to replace striking lecturers in a desperate bid to restore normalcy after a two-month-long industrial action that has crippled acade...Published: 19 May 2025 at 14:33hrs | 2443 | by Staff reporter
US dollar weakness fuels surge in currency volatility
The dollar's descent is elevating the price of hedging currency trades around the world, breaking up a long-standing market conviction that costs tend to come down when the greenback weakens.T...Published: 19 May 2025 at 09:37hrs | 1460 | by Staff reporter
Zimbabwe needs a reset through an NTA to prepare for democratic transition
Zimbabwe is teetering on the brink. We are witnessing a nation sliding further into economic despair, political illegitimacy, and social disintegration. The alarm bells are ringing lou...Published: 18 May 2025 at 17:46hrs | 445 | by Tendai Ruben Mbofana
Zimbabwe steel sector poised for rebound
Zimbabwe's steel industry is poised for a major revival following the Government's recent introduction of import licensing requirements for specific steel products. Industry stakeholders have welcomed...Published: 18 May 2025 at 11:53hrs | 270 | 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
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: 16 May 2025 at 15:03hrs | 659 | 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: 16 May 2025 at 14:10hrs | 1089 | by Staff reporter
Delta tax burden could soar to US$329m
Beverage giant Delta Corporation Limited risks a staggering US$329 million tax liability for its financial year ended March 31, 2025, if it loses ongoing court appeals against additional tax assessmen...Published: 16 May 2025 at 10:32hrs | 428 | 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 | 71 | 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 | 589 | 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 | 1809 | by Yolandah Nyathi
Zimbabwe to get first dollar-listed REIT as property heats up
Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the list...Published: 15 May 2025 at 09:58hrs | 771 | 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 | 203 | by Staff reporter
Is the Trabablas Interchange a monument to Zimbabwe's misplaced priorities and corruption?
Is Zimbabwe's so-called ‘spaghetti road' just another highway to corruption?The recent announcement by Zimbabwe's Ministry of Transport that the long-awaited Mbudzi Interchange - now curious...Published: 15 May 2025 at 08:08hrs | 372 | by Tendai Ruben Mbofana
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 | 780 | by Solabanye Nqabeni
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 | 3818 | 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 | 1207 | 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 | 788 | by Staff reporter
'Jesus Not Coming Back By The Looks Of It' Admits Vatican Cardinal
A SPOKESPERSON for the Vatican has officially announced today that the second coming of Jesus, the only son of the God, may not happen now after all, but urged followers to still continue with their f...Published: 12 May 2025 at 19:49hrs | 2226 | by Erick Matotoba
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 | 716 | by Staff reporter
Gwanda city status push gains momentum
Gwanda's bid to attain city status by 2026 is gathering pace as modern buildings and infrastructure developments begin to redefine the skyline of the Matabeleland South provincial capital.Once...Published: 11 May 2025 at 13:29hrs | 397 | by Staff reporter
Zimbabweans warned about Saudi job risks
Zimbabweans considering employment in Saudi Arabia, particularly in the beauty industry, have been urged to exercise extreme caution and verify job offers before committing, amid rising concerns over ...Published: 10 May 2025 at 20:49hrs | 6404 | by Staff reporter
Zimbabwe govt still struggling to revive ZISCO Steel
Years after pledging to revive the defunct ZISCO Steel, the Zimbabwean government is still grappling to present a clear, actionable plan for restoring the once-iconic steel manufacturer to its former ...Published: 09 May 2025 at 13:06hrs | 448 | by Staff reporter
Why Kingship in Zimbabwe is Constitutional
True to the proverb that a stitch in time saves nine, the controversy surrounding Local Government Minister Daniel Garwe's letter dated 22 April 2025, to Bulawayo Mayor David Coltart, in which he grat...Published: 09 May 2025 at 11:32hrs | 516 | by Prof Jonathan Moyo
John Pocock and Company celebrate 70 years of service in Bulawayo
From humble beginnings in a single-room office to becoming one of Bulawayo's most trusted names in real estate, John Pocock and Company is celebrating a remarkable 70-year milestone in 2025 - a testam...Published: 09 May 2025 at 11:01hrs | 215 | by Staff reporter
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 300 | by Staff reporter
Zondo comes out of retirement to talks about Zuma
Clebrity judge and former Chief Justice who failed JSC interviews Raymond Zondo has publicly questioned the legality and integrity of former President Jacob Zuma's release from prison on medical parol...Published: 07 May 2025 at 14:32hrs | 1357 | by Staff reporter
Jah Prayzah receives US$350,000 gift from Chivayo amidst controversy
Just a week after releasing his 14th studio album, Ndini Mukudzei, popular Zimbabwean musician Jah Prayzah has become the recipient of a lavish gift from controversial tenderpreneur Wicknell Chivayo....Published: 07 May 2025 at 09:38hrs | 849 | by Staff reporter
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