Bulawayo24 News - Skyes! "it makes perfect sense"

Are Zimbabwe economic growth rates real?

Every year, the Zimbabwean government and multilateral financial institutions project that the economy will grow by huge margins, yet the current economic situation does not meaningfully change, and if it does at all, it is marginal and ne…

Published: 21 Aug 2025 at 13:08hrs | 293 | by Delani Mangena

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

Africa's broken IP system threatens innovation, growth

Africa is losing billions of dollars each year due to weak and fragmented intellectual property (IP) protection systems, undermining innovation, entrepreneurship, and economic development across the continent.Despite growing recognition of…

Published: 12 Aug 2025 at 19:33hrs | 91 | by Staff reporter

NetOne posts record growth

State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push to outpace private-sector rivals.At its…

Published: 09 Aug 2025 at 16:52hrs | 198 | by Staff reporter

Magunje cement must follow established processes

Presidential Affairs and Devolution secretary Tafadzwa Muguti has raised alarm over suspected corruption in the licensing of a Chinese-owned cement and power plant project in Magunje, Mashonaland West - a development touted as a US$1 billi…

Published: 05 Aug 2025 at 08:55hrs | 160 | by Staff reporter

Zimbabwe retailers bank on 6% economic growth

The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household incomes.In its review of the 2025 Mid-Year …

Published: 05 Aug 2025 at 08:53hrs | 64 | 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.The Chamber of Mines Zimbabwe (CoMZ) r…

Published: 05 Jun 2025 at 10:04hrs | 58 | by Staff reporter

Chitungwiza eyes growth with town expansion project

Chitungwiza is gearing up for a major transformation aimed at shedding its longstanding image as merely a dormitory town for Harare and emerging as a self-sustaining, resilient urban centre by the year 2045.This ambitious vision was unveil…

Published: 26 May 2025 at 08:34hrs | 339 | by Staff reporter

Zimbabwe's tourism sector records growth

Zimbabwe's tourism sector continues to be a key driver of economic growth, with the country recording approximately 1.5 million arrivals in the first quarter of the year. Of these, 70 percent were returning residents from the diaspora, und…

Published: 03 Apr 2025 at 08:10hrs | 119 | by Staff reported

Zimbabwe records growth across sectors

Zimbabwe is making notable strides in various economic sectors despite the challenges posed by climate change-induced droughts and Western-imposed sanctions, President Emmerson Mnangagwa said during his State of the Nation Address (SONA) a…

Published: 03 Oct 2024 at 08:45hrs | 78 | by Staff reporter

Lower growth forecast for Zimbabwe as drought ravages crops

Zimbabwe has adjusted its economic growth forecast downward for 2024 due to severe drought conditions caused by the El NiÃ±o weather phenomenon, impacting crop yields across the country. Finance Minister Mthuli Ncube stated that economic g…

Published: 11 Jul 2024 at 08:04hrs | 13 | by Staff reporter

Fuel smuggling hampers growth

FUEL smuggling into Zimbabwe is hampering the Government's revenue collection, and has become a threat to economic growth, despite tax and law enforcement authorities' efforts to curb the scourge.While it is easy and legal to import fuel i…

Published: 20 Jun 2023 at 06:46hrs | 6 | by Staff reporter

Zimbabwe's dollar-only bourse poised for further growth

The value of stocks on Zimbabwe's dollar-only bourse has jumped by 85% since the start of the year to more than $1 billion, its CEO told Reuters on Tuesday, adding he anticipated continued growth.The Victoria Falls Stock Exchange (VFEX) wa…

Published: 10 May 2023 at 19:23hrs | 1 | by Staff reporter

'VFEX growth exceeds expectation'

FINANCE and Economic Development Minister, Professor Mthuli Ncube, has lauded the rapid growth of the Victoria Falls Stock Exchange (VFEX), which witnessed the listing of the fifth counter, Nedbank Group Limited Zimbabwe, on Friday.The com…

Published: 28 Nov 2022 at 04:55hrs | 2 | by Staff reporter

Concern over Zimbabwe elephant population growth

THE continued growth of elephant populations in Zimbabwe is causing severe ecological problems and serious conflict in communities adjacent to national parks, a Cabinet Minister has said.The Minister of Environment, Climate, Tourism and Ho…

Published: 25 May 2022 at 06:31hrs | 2 | by Staff reporter

World Bank projects growth for Zimbabwe

The World Bank has commended the Government's economic revival framework and noted that Zimbabwe is poised to register economic growth this year despite a raft of challenges posed by the Covid-19 pandemic.Gross Domestic Product (GDP) growt…

Published: 11 Jun 2021 at 06:28hrs | 19 | by Staff reporter

Kariba primes for real estate growth

THE prime resort town of Kariba is inching towards exponential growth as evidenced by the huge demand for commercial and industrial stands in what is expected to spawn a property boom in the predominantly wildlife settlement.Speaking durin…

Published: 07 May 2021 at 11:09hrs | 1 | by Staff reporter

Rural push spurs NetOne growth

STATE-RUN mobile telecoms firm, NetOne says last year's strategic expansion into outback markets lifted subscribers for its mobile money platform, OneMoney by 500 000, giving it fresh impetus.Boardroom squabbles around the controversial ex…

Published: 04 Apr 2021 at 22:40hrs | 1 | by Staff reporter

Private sector-led growth

Two years ago, the new Minister of Finance in Zimbabwe, Mthuli Ncube brought together a small group of local business persons in an informal advisory group.I was privileged to be included. our meetings were irregular, largely driven by the…

Published: 01 Apr 2021 at 07:23hrs | 1 | by Eddie Cross

A tough choice between democracy and growth

IT is now one year after the first post-Mugabe elections were held which, despite their credence being contested by the MDC alliance, gave an aura of legitimacy to President Mnangagwa's government. However, the last 12 months have been pai…

Published: 05 Aug 2019 at 07:41hrs | | by Tapiwa Gomo

Infrastructure, Education and Technology key for growth

In his book entitled, The Price of Inequality, revered economist, Joseph Stiglitz, contends that Government investments in infrastructure, education and technology form the basis of economic growth.In his own words Stiglitz, wrote: "Govern…

Published: 13 Dec 2018 at 13:42hrs | 2 | by ViewsFromMatopos

Old Mutual repositions its brand and readies for growth

Following its primary listing on the Johannesburg Stock Exchange (JSE), and secondary relisting on the Zimbabwe Stock Exchange in June 2018, Old Mutual has unveiled a vibrant new brand identity, to reflect its fresh customer-led approach a…

Published: 21 Aug 2018 at 15:52hrs | | by Agencies

Factors impeding growth of industry in Bulawayo

IN my first submission I sought to unpack Bulawayo deindustrialisation and highlighted the political impact on the state of the manufacturing sector.Today I continue my submission with focus of economic, sociological and technological fact…

Published: 08 Aug 2018 at 06:31hrs | | by Obert Sibanda

Liquid Telecom secures $700m for group's growth

PAN African telecommunications group, Liquid Telecom has secured a $700 million bond and term loan facility aimed at supporting the group's existing debt and growth strategy.The financing package was raised through the group's subsidiary, …

Published: 13 Jul 2017 at 07:11hrs | 2 | by Staff reporter

Beware the ghost of Benghazi

YOUTH is a period of impetuosity and adventure. It is a time to test and experiment. It is a period of physical and mental growth.Youth is a time of discovery and for self-definition. It is a time to search for oneself and to also reach ou…

Published: 26 Aug 2016 at 06:48hrs | | by Joram Nyathi

Private enterprise is key to our future growth

"We owe it to all the peoples of the sub-continent to ensure that they see us not merely as good leaders waxing lyrical about our development, but as front commanders in the blast furnaces of labour, productive investments and visible chan…

Published: 11 Aug 2016 at 13:31hrs | | by Vince Musewe

Doctors halt World tallest man's growth

The world's tallest man may have finally stopped growing at a towering 8ft 3ins (247.62cm or 2.5m) thanks to a pioneering new treatment. Turkish farm labourer Sultan Kosen (29) suffers from the rare disorder acromegaly which causes his bod…

Published: 16 Mar 2012 at 04:38hrs | 1 | by Staff reporter

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President Mnangagwa must respect the constitution

Background remover for corporate videos that impress clients

All is set for CGAIZ annual conference in Victoria Falls

US Senate tables second bill targeting South Africa

Mnangagwa confirms ZANU-PF corrupt, amid own schemes looting spree

You can leave the ghetto, but you can't remove the ghetto inside - Same with apartheid

Geza's worthlessness is no mystery

Mnangagwa appoints new ambassadors

Zanu-PF Politburo meets amid growing succession tensions

South African justice system faces 'total collapse'

Woman jailed for stabbing hubby's girlfriend

Charamba storms into World Championships 200m semi-finals

SA soldiers, Zimbabweans arrested over cigarette

ANC councillors reject Ramaphosa's call to follow DA

Irrigation schemes remain severely underutilised

Zanu-PF top brass trapped with cash, cars

Scott Sakupwanya gives Simba Bhora US$100,000

ZANU-PF official jailed for stealing

Maswerasei blasts Chamisa

Hwange Power Station's older units to undergo major rehab

Principal arrested for indecent assault of students

Zimra employees accused of US$6.3 million fraud

Ruwa aims for town status

Zanu-PF youths die en route to Mnangagwa's birthday bash

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