Bulawayo24 News - Skyes! "it makes perfect sense"

Zimbabwe's tobacco farmers trapped in debt

Zimbabwe's tobacco industry has continued to record impressive export earnings, with revenues approaching US$1 billion in 2024. However, behind the success story, many smallholder farmers say they are sinking deeper into debt and poverty.T…

Published: 02 Sep 2025 at 06:35hrs | 81 | by Staff reporter

President Mnangagwa secures ancestral land and launches Production Booster Kit in Mazowe

President Dr ED Mnangagwa on Monday 25 August 2025, at Craigengower Farm in Mazowe, Mashonaland Central Province, presided over the National Launch of the Production Booster Kit Programme where he also consolidated the irreversible gains o…

Published: 27 Aug 2025 at 21:33hrs | 163 | by Maxwell Haitengeswinyika Teedzai

Ken Sharpe blasts incompetent Harare council

Prominent property mogul Ken Sharpe has launched a scathing attack on the Harare City Council, accusing it of stifling economic growth through poor service delivery, exorbitant fees, and what he described as "incompetent operations.""These…

Published: 20 Aug 2025 at 18:18hrs | 499 | by Staff reporter

Failed state warning for South Africa

Business Leadership South Africa (BLSA) chief executive Busi Mavuso says that businesses cannot function properly in a failed state, but partnering with the government to fix its failures comes at a steep cost.The key signals of a failed s…

Published: 11 Aug 2025 at 10:10hrs | 694 | by Staff reporter

Zanu-PF rallies affiliates in push for citizen empowerment

The ruling Zanu-PF party is intensifying its engagement with affiliates as part of its drive to empower citizens economically, in line with its long-standing tradition of working with communities since the liberation struggle.On Monday, th…

Published: 06 Aug 2025 at 12:58hrs | 112 | by Staff reporter

'White Zimbabweans are returning'

Many Zimbabweans who left the country at the peak of economic and political turmoil, and settled in numerous countries, including South Africa, are now investing back home, while others are returning to their ancestral nation.These were th…

Published: 30 Jul 2025 at 10:12hrs | 3083 | 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

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 competitiveness, and hindering broader econo…

Published: 26 Jun 2025 at 11:18hrs | 272 | 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.According to the latest figures from the Tobacco Indu…

Published: 03 Jun 2025 at 09:27hrs | 88 | by Staff reporter

Afreximbank pegs Zimbabwe growth at 3,8%

The African Exportâ€“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 Bretton Woods institutions. The bank attr…

Published: 26 May 2025 at 08:32hrs | 195 | by Staff reporter

Gold sinks as trade talks, easing tensions impact haven demand

Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in early trading in Asia to around US$3 265 an oun…

Published: 13 May 2025 at 09:54hrs | 101 | 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 costs, improve efficiency, and expand …

Published: 30 Apr 2025 at 07:14hrs | 291 | 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 investment (FDI) at the opening of the …

Published: 28 Apr 2025 at 12:31hrs | 122 | by Staff reporter

The Smart Investor's Guide to Thriving After a Crash

Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. The contrarian investment approach presen…

Published: 25 Apr 2025 at 12:21hrs | 164 | by Staff Reporter

ZITF Company secures US$12 million for shopping complex

The Zimbabwe International Trade Fair (ZITF) Company has announced a major milestone in its transformation, securing a US$12 million investment for the construction of a modern shopping centre at its exhibition site. The development marks …

Published: 24 Apr 2025 at 07:18hrs | 252 | by Staff reporter

Colonial master pledges stronger trade and investment ties with its colony

The United Kingdom has reaffirmed its commitment to strengthening relations with Zimbabwe, placing a particular focus on boosting trade and investment between the two countries. This was revealed by British Ambassador to Zimbabwe, Mr Pete …

Published: 24 Apr 2025 at 07:16hrs | 74 | by Staff reporter

ZITF roars to life

The Zimbabwe International Trade Fair (ZITF) 2025 has officially opened today in Bulawayo, transforming the city into a bustling hub of activity as final preparations for the prestigious event were completed yesterday. Running until Saturd…

Published: 21 Apr 2025 at 08:59hrs | 190 | by Staff reporter

ZITF 2025 fully booked as international participation increases

The Zimbabwe International Trade Fair (ZITF) 2025 has reached full capacity for its traditional exhibition space, with additional space being created to accommodate a growing number of exhibitors, ZITF Company board chairperson Mr. Busisa …

Published: 16 Apr 2025 at 22:54hrs | 44 | by Staff reporter

Ghana orders foreigners to exit gold market by April 30

Ghana has ordered foreigners to exit its gold trading market by the end of the month, a new government body said on Monday, as the West African country looks to streamline gold purchases from small-scale miners, increase earnings and reduc…

Published: 15 Apr 2025 at 08:33hrs | 297 | by Staff reporter

China orders its banks to avoid buying dollars

The PBOC has reportedly issued informal "window guidance" to major state-owned banks this week, essentially instructing them to avoid buying dollars for their own accounts. China's Central Bank also directed these institutions to increase …

Published: 09 Apr 2025 at 21:37hrs | 969 | by Staff reporter

Zimbabwe lines up seven sponsors to clear arrears

Zimbabwe is actively negotiating with seven potential sponsors, including individual countries, multilateral financial institutions, and private financiers, to secure the necessary funding, guarantees, and technical support to clear its ex…

Published: 23 Mar 2025 at 08:13hrs | 1005 | by Staff reporter

India charms Zim SMEs, collaboration bears fruits

Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show have expressed gratitude over collaborat…

Published: 13 Mar 2025 at 16:10hrs | 207 | by Gideon Madzikatidze/Simbarashe Sithole

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 State of Cuba, Esteban Lazo HernÃ¡ndez, has once a…

Published: 05 Mar 2025 at 16:29hrs | 908 | by Tendai Ruben Mbofana

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% to 70%. The policy change is seen as a m…

Published: 10 Feb 2025 at 09:41hrs | 232 | 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 the Zimbabwe Emergency Food Production…

Published: 05 Feb 2025 at 13:55hrs | 174 | by Staff reporter

The impact of duty-free incentives in the 2025 national budget

The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating economic activity, and improving the qualit…

Published: 17 Dec 2024 at 20:12hrs | 1066 | by Innocent Mujeri

Harnessing the Zimbabwe diaspora for economic, social development

ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to transform Zimbabwe's socio-economic landscape.With t…

Published: 14 Dec 2024 at 21:08hrs | 379 | by Constantine Chikosi

Mthuli Ncube unveils ambitious infrastructure funding overhaul

Finance, Economic Development, and Investment Promotion Minister Professor Mthuli Ncube has announced plans to restructure the sinking fund and expand the e-tolling system to secure sustainable revenue streams for road and infrastructure d…

Published: 09 Dec 2024 at 06:44hrs | 1023 | by Staff reporter

Zimbabwe forex receipts jumps 17.9% to $10 billion in 2024

Zimbabwe recorded a remarkable 17.9% increase in foreign currency receipts in the first nine months of 2024, reaching US$10 billion compared to US$8.5 billion during the same period in 2023. This growth, attributed to robust export perform…

Published: 02 Dec 2024 at 07:17hrs | 99 | 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

CTC to investigate surge of counterfeit toothpaste in Zimbabwe

The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to consumers. This move comes amid growing con…

Published: 18 Oct 2024 at 08:42hrs | 211 | by Staff reporter

Mnangagwa lauds exports surge

President Emmerson Mnangagwa has commended Zimbabwe's productive sector for its significant role in driving exports of goods and services, calling it a vital catalyst for the country's industrialisation and socio-economic transformation. T…

Published: 18 Oct 2024 at 08:39hrs | 69 | by Staff reporter

Mnangagwa in Bulawayo for ZimTrade indaba

President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibition Centre (ZIEC), will gather local prod…

Published: 17 Oct 2024 at 08:50hrs | 114 | by Staff reporter

The Chinese-owned Dinson invests over US$2 billion in Zimbabwe

The Chinese-owned Dinson Iron and Steel Company (Disco), the anchor industry for the Manhize Industrial Park near Mvuma in Zimbabwe's Midlands province, has invested more than US$2 billion in the country, aiming to unlock its economic pote…

Published: 15 Oct 2024 at 18:38hrs | 3206 | by Staff reporter

7 big global companies dump South Africa

Many large global companies, including Shell, HSBC, PNB Paribas, Rolex, AngloGold Ashanti, TotalEnergies, and BP's Aviation Fuel Business, are dumping South Africa.Last week, HSBC announced that it was exiting its operations in South Afric…

Published: 02 Oct 2024 at 12:35hrs | 1205 | by Staff reporter

MPs demand explanation from Mthuli Ncube

WEDZA North MP Itai Ndudzo has formally demanded that Finance Minister Mthuli Ncube provide a ministerial statement addressing the recent devaluation of Zimbabwe's new gold-backed currency, the Zimbabwe Gold (ZWG). This request came during…

Published: 02 Oct 2024 at 07:57hrs | 1251 | by Staff reporter

Zimbabwe aims to become a key blueberry supplier

Zimbabwe is celebrating its recent achievement of gaining access for avocado exports to China, but the country's agricultural sector is witnessing growth in other areas as well, particularly in the blueberry industry, which is gearing up f…

Published: 27 Sep 2024 at 08:27hrs | 197 | by Staff reporter

PRAZ, NCC signs a prescriptive pricing diagnosis deal

The Procurement Regulatory Authority of Zimbabwe (PRAZ) and National Competitiveness Commission (NCC) have agreed to create and collaborate in developing a National Market Price List (NMPL) for commonly procured goods and services.Speaking…

Published: 19 Sep 2024 at 20:46hrs | 615 | by Gideon Madzikatidze/ Simbarashe Sithole

Zimbabwean blueberries set to reach global markets with Dutch logistics support

In a major boost for Zimbabwe's agricultural sector, Dutch ambassador in Harare Margret Verwijk has announced that 6 million kilograms of Zimbabwean blueberries are en route to key international destinations including Amsterdam, Hong Kong,…

Published: 18 Sep 2024 at 18:10hrs | 576 | by Staff reporter

South Africa energy poverty to deepen

I want to talk to you about the attached report. It is available online.The report is about the future of European competitiveness and outlines a competitiveness strategy for Europe in September 2024.It provides fascinating insights into t…

Published: 11 Sep 2024 at 13:45hrs | 212 | by Engineer MatÅ¡hela Koko

Air Zimbabwe to resume direct flights to London

Plans are underway to resume direct flights from Zimbabwe to the United Kingdom, a move aimed at boosting trade and leveraging the country's centrality in the Sadc region, according to Transport and Infrastructural Development Minister Fel…

Published: 24 Jul 2024 at 09:11hrs | 5426 | by Staff reporter

ZiG Currency: Catalyzing Zimbabwe's Middle-Income Pursuit - Empowering Economic Well-being

Zimbabwe has taken a crucial step in revitalizing the economy and instilling trust in the financial sector by introducing the groundbreaking Zimbabwean Gold-backed Dollar (ZiG) as the official replacement for the declining Zimbabwean dolla…

Published: 10 Apr 2024 at 22:17hrs | 3 | by Elvis Dzvene

Free Russian fertilizer arrives in Zimbabwe

Over 23,000 metric tons of free Russian potash and NPKS fertilizer has arrived in Zimbabwe, the press service for Uralchem Group reported on Wednesday. The shipment is Uralchem's fifth humanitarian delivery to support productive and sustai…

Published: 20 Mar 2024 at 17:21hrs | 12 | by Staff reporter

Exploring the World of Forex Trading in Zimbabwe with MetaTrader 5

Forex trading, the dynamic process of exchanging currencies, is becoming increasingly popular in Zimbabwe. The Forex market offers a viable platform as individuals and traders look for new opportunities to generate income and hedge against…

Published: 19 Mar 2024 at 12:16hrs | 68 | by Staff Reporter

Zimbabwe govt warned over Starlink dithering

EXPERTS have cautioned the Zimbabwean government against impeding technological advancement as that will be akin to trying to stop the wind or hold something with greased hands.The warning comes at a time when the authorities have made con…

Published: 10 Mar 2024 at 06:58hrs | 41 | by Staff reporter

Zimbabwe govt's proposed new currency reforms doomed

THE recently proposed currency changes, intended to underpin the Zimbabwe dollar with assets, will come to nought, given that country lacks sufficient reserves to support the local unit, an independent advisory has said.Finance minister Mt…

Published: 25 Feb 2024 at 09:27hrs | 3 | by Staff reporter

Global headwinds spell doom for Zimbabwe

TOP international economists predict that the global economy will decline this year, spelling trouble for Zimbabwe's foreign market-dependent economy.The Treasury expects Zimbabwe's economic growth to weaken to 3,5% this year from 5,5% las…

Published: 20 Jan 2024 at 07:06hrs | 5 | by Staff reporter

Our natural resources are our taxes

Dear Finance Minister, Prof Mthuli NcubeSurely, why the 1% property tax, let us tax our minerals.  Zimbabwe is considered rich in minerals because it possesses significant quantities of valuable natural resources, such as metals, ores…

Published: 09 Dec 2023 at 14:15hrs | 26 | by Engineer Jacob Kudzayi Mutisi

Zimbabwe's open skies policy gets continental recognition

ZIMBABWE's open skies policy has won the country an award from the African Civil Aviation Commission (AFCAC) during the recently held 24th Yamoussoukro Decision Day (YD) anniversary in Abuja, Nigeria.Zimbabwe's Open Skies Policy, which enh…

Published: 29 Nov 2023 at 05:03hrs | 25 | by Staff reporter

Zimbabwe air traffic volumes surge

As Zimbabwe continues to experience the benefits of liberalizing air transport, such as improved service quality and increased air traffic, which in turn facilitates tourism, trade, investment, and growth in various sectors of the economy,…

Published: 03 Nov 2023 at 05:37hrs | 13 | by Staff reporter

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Ramaphosa posts explicit videos on X

Ramaphosa posts explicit videos on X

UN General Assembly Vote exposes deep cracks in SADC unity

Fastjet adds early morning Johannesburg-Harare flight

Durban City FC poised to sign Zimbabwean hitman

Zimbabwe's tourism beauty deserves global spotlight

Zimbabwe's fee cuts are welcome

UN overwhelmingly approves Palestinian statehood resolution

Police, ZIMRA in luxury vehicle crackdown

Man kills brother-in-law in dispute over cellphone

Maponga re-elected as ZUJ president

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One-stop border post at Beitbridge

ZESA to replace old prepaid electricity meters

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Fast-food levy nets US$1 million for Treasury in 6 months

Process to gazette slashed levies begins

Victoria Falls to host high-stakes conference

2 die in Bulawayo hit-and-runs

Lovers found dead in suspected murder-suicide

Zimbabwe's World Tourism Expo ends on a high note

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

Advocate Mpofu takes on State House security guards

Chinese nationals fined only US$150 for cocaine in the Banana republic

Zimbabwe grain import ban affecting SA farmers

7 dead in Masvingo-Beitbridge road crash

No excuses will end Zimbabwe's electricity shortages without accountability, investment, and reform

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