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Zimbabwe's GDP grows 2.9% to US$45.7 billion
Zimbabwe's economy expanded by 2.9 percent in 2024, with the Gross Domestic Product (GDP) rising to US$45.7 billion from US$44.4 billion in 2023, according to the latest figures released by the Zimbab...Published: 14 hrs ago | 105 | by Staff reporter
Zimbabwe Tourism Authority in hunt for new CEO
The Zimbabwe Tourism Authority (ZTA) has officially begun the hunt for a new substantive Chief Executive Officer, a strategic leadership role expected to shape and deliver Zimbabwe's vision of becomin...Published: 14 hrs ago | 185 | by Staff reporter
First Mutual Holdings suffers US$27 million loss
Financial services group First Mutual Holdings Limited (FMHL) has reported a significant after-tax loss of US$27.11 million for the financial year ended December 31, 2024, reversing the previous year'...Published: 20 hrs ago | 217 | by Staff reporter
TelOne suffers liquidity crunch
State-owned telecommunications giant TelOne Private Limited is facing a serious liquidity crisis amid revelations that the government owes the company US$19.2 million for voice and data services rende...Published: 22 hrs ago | 184 | by Staff reporter
Stanbic Bank Zimbabwe, MSU unveils scholarship programme
Stanbic Bank Zimbabwe and Midlands State University (MSU) have formalised a landmark partnership through the launch of an undergraduate scholarship programme aimed at increasing access to higher educa...Published: 01 Jul 2025 at 12:44hrs | 217 | by Staff reporter
Zimbabwe cannot fund large-scale projects without monetary autonomy
Zimbabwe's economic debate is often framed through the lens of inflation control, exchange rate stability, and the day-to-day functionality of the US dollar in domestic transactions.Yet, benea...Published: 01 Jul 2025 at 12:05hrs | 161 | by Brighton Musonza
Zimbabwe govt to clear pre-2009 pensions backlog
The Zimbabwean Government is finalizing amendments to Statutory Instrument (SI) 162 of 2023 to fast-track compensation payments to private sector pensioners who lost significant value in their s...Published: 01 Jul 2025 at 08:23hrs | 425 | by Staff reporter
Zim industry leaders call for Unified Taxation System
Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...Published: 01 Jul 2025 at 08:20hrs | 129 | by Staff reporter
Failure to invest in youth sexual health could cost Zimbabwe $3.6bn
A new report by UNAIDS reveals that Zimbabwe stands to save billions of dollars by investing in sexual and reproductive health and rights (SRHR) services targeted at young people. The study, titled Th...Published: 30 Jun 2025 at 18:36hrs | 172 | by Staff reporter
Overcrowding in schools worries Parliament
A joint parliamentary committee has raised serious concerns over widespread overcrowding in Zimbabwe's primary and secondary schools, warning that deteriorating conditions are threatening the quality ...Published: 30 Jun 2025 at 18:35hrs | 328 | by Staff reporter
OK Zimbabwe earmarks 50% of capital raise to clear debts
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...Published: 30 Jun 2025 at 13:12hrs | 173 | by Staff reporter
Bulawayo takes investment campaign to Harare
The Bulawayo City Council (BCC) is set to host a high-level investment conference in Harare next month as part of renewed efforts to drive economic revitalisation in Zimbabwe's second-largest city. Th...Published: 30 Jun 2025 at 13:11hrs | 2119 | by Staff reporter
ZB Bank secures US$5 million Afreximbank facility
ZB Bank Limited has secured a US$5 million loan facility from the African Export-Import Bank (Afreximbank), aimed at supporting small and medium enterprises (SMEs) in Zimbabwe, particularly those enga...Published: 30 Jun 2025 at 13:07hrs | 126 | by Staff reporter
Foreign investment fuels Matabeleland gold rush
A surge in foreign investment and exploration activity in Zimbabwe's Matabeleland region is being hailed by mining analysts as a strong vote of confidence in the country's mining sector. This renewed ...Published: 29 Jun 2025 at 19:02hrs | 2294 | by Staff reporter
ZERA defends US$191,000 IT equipment purchase
Postal, courier volumes decline 4%MidweekThe Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has released its abridged sector performance report for the first quarter o...Published: 29 Jun 2025 at 18:57hrs | 156 | by Staff reporter
US$1m for strategic minerals licence in Zimbabwe
Zimbabwe has gazetted a sweeping new Mines and Minerals Bill that seeks to clamp down on speculative mining claim hoarding while ensuring only credible investors participate in the extraction of strat...Published: 29 Jun 2025 at 12:12hrs | 335 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 198 | by Staff reporter
Zimbabwe suspends excise duty on raw wine imports
In a move aimed at boosting the local wine industry, the Zimbabwean government has suspended excise duty on imported raw wine for approved manufacturers. The measure, announced through Statutory Instr...Published: 28 Jun 2025 at 15:06hrs | 110 | by Staff reporter
Outdated regulations stifling development in Zimbabwe
Councils across Zimbabwe must urgently modernize and adopt private sector-friendly reforms to eliminate bottlenecks in local government systems that threaten the country's ambitious economic transform...Published: 28 Jun 2025 at 15:03hrs | 57 | by Staff reporter
Mangudya calls for equitable IMF fund disbursements
Former Reserve Bank of Zimbabwe (RBZ) governor and current CEO of Mutapa Investment Fund, John Mangudya, has urged the International Monetary Fund (IMF) to ensure equitable disbursements of funds to A...Published: 28 Jun 2025 at 14:44hrs | 70 | by Staff reporter
Zimbabwe central bank increases ZiG liquidity to ZWG2bn
The Reserve Bank of Zimbabwe (RBZ) has raised the daily Zimbabwe Gold (ZiG) liquidity in the market from ZWG1.5 billion to ZWG2 billion in a move aimed at easing concerns over currency shortages and b...Published: 27 Jun 2025 at 18:25hrs | 1473 | by Staff reporter
Matabeleland North govt offices relocate to Lupane
Heads of government departments in Matabeleland North have reportedly moved their offices from Bulawayo to Lupane, the region's administrative centre, as part of a broader initiative to decentralise g...Published: 27 Jun 2025 at 09:42hrs | 498 | by Staff reporter
Mnangagwa unveils new land policies and service standards
President Emmerson Mnangagwa has officially launched the Minimum Service Delivery Standards Framework and the Urban State Land Management Policy, ushering in what government officials have called a ne...Published: 27 Jun 2025 at 09:23hrs | 302 | by Staff reporter
Mnangagwa calls for fiscal discipline among councillors
President Emmerson Mnangagwa has stressed the need for Zimbabwe's local councillors to improve their understanding of budgeting and financial planning, warning that national development efforts could ...Published: 26 Jun 2025 at 17:26hrs | 272 | by Staff reporter
Chiwenga warns tenderprenuers, 'The day of reckoning is inevitable'
Zimbabwe's Vice President, General (Retired) Constantino Chiwenga, has issued a stern warning to corrupt businesspeople, declaring that their "day of reckoning is undoubtedly coming" as the government...Published: 26 Jun 2025 at 17:05hrs | 1389 | by Staff reporter
Jabulani Sibanda slams tribalism as 'nation-killer'
ZANU-PF Bulawayo Provincial Chairperson Jabulani Sibanda delivered a powerful rebuke of tribalism on Wednesday, warning that the persistent scourge is tearing Zimbabwe apart and undermining national d...Published: 26 Jun 2025 at 14:20hrs | 550 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1072 | by Staff reporter
Bulawayo Town Clerk appointed NSSA board chair
The City of Bulawayo's Town Clerk, Mr. Christopher Dube, has been appointed as the new chairperson of the National Social Security Authority (NSSA), following the government's dissolution of the previ...Published: 26 Jun 2025 at 11:20hrs | 663 | 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 compe...Published: 26 Jun 2025 at 11:18hrs | 258 | by Staff reporter
Growth prospects shine in Zimbabwe's construction markets
Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...Published: 26 Jun 2025 at 09:17hrs | 155 | by Staff reporter
Revolving fund for Gutu Central vendors launched
A new revolving fund aimed at empowering informal traders and transforming livelihoods was officially launched on Monday in Gutu Central Constituency, offering hope to many small business owners strug...Published: 26 Jun 2025 at 09:06hrs | 30 | by Staff reporter
Villager dies after losing 37 cattle to January disease
A villager from Senkwasi in Zhombe, Midlands Province, has tragically died from high blood pressure after losing 37 head of cattle to January disease, a tick-borne infection that continues to wreak ha...Published: 26 Jun 2025 at 09:05hrs | 433 | by Staff reporter
Construction boom in Zimbabwe spurs growth for PPC
The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...Published: 25 Jun 2025 at 15:53hrs | 175 | by Staff reporter
Zimra surpasses revenue target by 10%
The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...Published: 25 Jun 2025 at 14:33hrs | 109 | by Staff reporter
Bulawayo company pioneers dust suppression breakthrough
In a significant stride towards sustainable industrialisation, Bulawayo-based manufacturing firm, Chemical Technology Africa (CTA), has unveiled an innovative solution to combat air pollution caused b...Published: 24 Jun 2025 at 17:10hrs | 412 | 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 | 315 | by Sikhululekile Mashingaidze and Stephen Buchanan-Clarke
SADC pushes for education reform to spur industry
Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...Published: 24 Jun 2025 at 10:25hrs | 81 | by Staff reporter
US$15m mine to open in Mutawatawa
The construction of Zim Win Mine in Mutawatawa, Uzumba-Maramba-Pfungwe (UMP) district, is nearing completion, marking a significant step forward in Zimbabwe's rural industrialisation agenda.Of...Published: 24 Jun 2025 at 10:22hrs | 183 | by Staff reporter
Betterbrands signs EFC MMA heavyweight champion Elvis Moyo
Talent scout and sponsor Scott Pedzai Sakupwanya, through his sporting company Betterbrands, has officially signed Elvis Moyo, the reigning EFC mixed martial arts heavyweight champion, to his growing ...Published: 24 Jun 2025 at 10:20hrs | 381 | by Staff reporter
US$5m monthly for Gwayi-Shangani project
The Zimbabwean government has reaffirmed its commitment to completing the long-delayed Gwayi-Shangani Dam, declaring the project a national priority. Cabinet has resolved to allocate US$5 million ever...Published: 24 Jun 2025 at 09:31hrs | 646 | by Staff reporter
Zimbabwe, SA approve tourists only border crossing
Zimbabwe and South Africa have jointly approved a seasonal tourism-only border crossing linking Kruger National Park and Gonarezhou National Park via the Pafuri-Sengwe corridor, in a groundbreaking in...Published: 24 Jun 2025 at 09:04hrs | 128 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 116 | by Staff reporter
Zimbabwe's economy continues to register positive strides
ZIMBABWEAN President Emmerson Mnangagwa said on Saturday that the country's economy continues to register positive strides.In a post on X, the president said that economic growth is being driv...Published: 22 Jun 2025 at 09:00hrs | 50 | by Staff reporter
Dynamos score off-field victory
Struggling on the pitch but winning big off it, Dynamos Football Club have sealed a landmark kit sponsorship deal with Pakistan-based sportswear giant, Sport De Vitara - a move hailed as a major boost...Published: 21 Jun 2025 at 14:35hrs | 1824 | by Staff reporter
Bard Santner sponsors Zimbabwean special Olympians
Leading financial advisory firm Bard Santner has extended its corporate social responsibility (CSR) footprint by sponsoring three Zimbabwean golfers with intellectual disabilities who are competing in...Published: 21 Jun 2025 at 11:24hrs | 118 | by Staff reporter
Zimbabwe sets new tobacco production record
Zimbabwean tobacco farmers have shattered previous production records, harvesting a staggering 306.2 million kilograms of the golden leaf this season - a new all-time high for the country. The achieve...Published: 20 Jun 2025 at 17:46hrs | 138 | by Staff reporter
Fresh details on collapsed US$2,5bn CBZ bid emerge
An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...Published: 20 Jun 2025 at 17:36hrs | 186 | by Staff reporter
Mushayavanhu under fire for outdated monetary assumptions
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...Published: 20 Jun 2025 at 16:32hrs | 487 | by Staff reporter
CZI sounds alarm over substandard goods in Zimbabwe
The Confederation of Zimbabwe Industries (CZI) has raised concern over the continued flood of substandard and mispriced goods entering the country, despite the existence of the Consignment-Based Confo...Published: 20 Jun 2025 at 06:05hrs | 127 | by Christopher Mutambirwa
Zimbabwe's sugar giant gets rescue deal
A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...Published: 20 Jun 2025 at 06:03hrs | 171 | by Christopher Mutambirwa
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