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Zimbabwe eyes price relief towards end of 2025
After years of persistent inflationary pressures, Zimbabwe is approaching the latter half of 2025 with cautious optimism, as recent economic indicators and government policy measu...Published: 15 Jul 2025 at 21:56hrs | 426 | by Staff reporter
Consumer watchdog wants tough stance against substandard products
The Consumer Council of Zimbabwe (CCZ) has urged the government to strengthen enforcement of the Consignment-Based Conformity Assessment (CBCA) programme to shield consumers from substandard, co...Published: 24 Jun 2025 at 09:26hrs | 33 | 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
Food Lovers Market shutdown exposes deeper turmoil at OK Zimbabwe
The impending closure of Food Lovers Market outlets in Borrowdale and Avondale signals a deeper crisis engulfing OK Zimbabwe, the country's largest retail group, which is struggling to stay afloat ami...Published: 12 Jun 2025 at 18:59hrs | 398 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 399 | by `
Zimbabwe introduces rebate for EV Charging systems
In a bid to accelerate the adoption of electric vehicles (EVs) and strengthen sustainable energy infrastructure, the Government of Zimbabwe has introduced a duty rebate on imported equipment used to s...Published: 04 May 2025 at 09:13hrs | 389 | by Staff reporter
Zimbabwe introduces rebate on solar equipment for EV charging stations
In a bid to accelerate the adoption of electric vehicles (EVs) and bolster the country's transition to cleaner energy, Zimbabwe has introduced a duty rebate on imported equipment for the establishment...Published: 28 Apr 2025 at 12:34hrs | 186 | by Staff reporter
Informal traders urged to keep import documents
Informal traders affected by the Zimbabwe Revenue Authority (ZIMRA)'s anti-smuggling blitz have been advised to maintain proper documentation of imported goods to facilitate easier verification and sm...Published: 21 Mar 2025 at 09:17hrs | 404 | by Staff reporter
'Buy Zimbabwe' won't work until local products meet quality standards
To "Buy Zimbabwe" or not to buy Zimbabwe - that is the question! The recent signing of a Memorandum of Understanding between Buy Zimbabwe and the Content Creators Association of Zimbabwe signa...Published: 12 Mar 2025 at 22:18hrs | 1182 | by Tendai Ruben Mbofana
2 company directors dupe Zimra of R10 million
Two directors of Hilmax, Rugare Murwira and Patrick Musavaya, appeared before Harare Magistrate Marehwanazvo Gofa on Wednesday to face seven counts of fraud, allegedly defrauding the Zimbabwe Revenue ...Published: 07 Feb 2025 at 06:41hrs | 533 | by Staff reporter
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 279 | by Staff reporter
A desperate government goes door to door
Zimbabweans are grappling with one of the highest tax burdens in the world, facing exorbitant charges for government services that only seem to increase. In a startling turn of events, According to Th...Published: 19 Dec 2024 at 11:02hrs | 929 | by Engineer Jacob Kudzayi Mutisi
Zimbabwe authorities step up crackdown on smuggled goods
The Zimbabwean government has ramped up efforts to combat smuggling and the influx of counterfeit goods as part of a broader strategy to protect domestic industries and enhance their competitiveness....Published: 15 Dec 2024 at 09:11hrs | 440 | by Staff reporter
Zimbabwe steps up fight against smuggled goods
The Zimbabwean Government has intensified efforts to combat the smuggling and trade of counterfeit products that threaten public health and undermine the economy, Industry and Commerce Minister Mangal...Published: 27 Nov 2024 at 06:38hrs | 88 | by Staff reporter
Cheap shoe imports choke local leather sector
Local leather manufacturers are facing significant challenges as they are forced to scale down their shoe production due to the influx of cheap imports, which are undermining the viability of domestic...Published: 24 Nov 2024 at 10:10hrs | 181 | by Staff reporter
Smuggled, counterfeits goods flood Zimbabwe's market
Illegally imported goods, ranging from soft drinks to baby formula, are flooding Zimbabwe's markets, threatening public health and the economy, a recent market surveillance by the Consumer Protection ...Published: 24 Nov 2024 at 10:05hrs | 211 | by Staff reporter
Is the Buy Zimbabwe campaign a flop?
The Buy Zimbabwe Campaign, launched over a decade ago, was designed to promote locally manufactured goods and services, reduce the trade deficit, and bolster economic growth. While the campaign's obje...Published: 20 Sep 2024 at 11:48hrs | 379 | by Staff reporter
Unilever pulling out of Zimbabwe after 80 years
Unilever, one of the world's leading consumer goods companies, is pulling out of Zimbabwe after 80 years of operation.The company, which had reaffirmed its long-term commitment to the country ...Published: 27 Aug 2024 at 11:21hrs | 1238 | by Staff reporter
Zimra denies UK-based returning resident rebate
Arreta Chidodo, a former UK resident, has lost a High Court case against the Zimbabwe Revenue Authority (Zimra) seeking a refund of customs duty for goods she imported upon her return to Zimbabwe.&nbs...Published: 23 Jul 2024 at 07:25hrs | 2554 | by Staff reporter
Zimbabwe spends US$40m on importing spaghetti
Zimbabwe's annual importation of approximately US$40 million worth of macaroni and spaghetti, primarily from Egypt, reflects the nation's sluggish industrialization progress. Despite pasta not being a...Published: 18 May 2024 at 11:55hrs | 50 | by Staff reporter
Zimbabwe to clampdown on imported vehicles
Government has begun mandatory inspections of all imported second-hand vehicles as part of broader assessments to curb the importation of substandard goods into the country.The scope of the ch...Published: 03 Mar 2024 at 08:45hrs | 1 | by Staff reporter
Buy Zimbabwe welcomes positive move on imports
BUY Zimbabwe has said the Government's recent decision to reinstate import duties on basic commodities was a progressive development that will contribute to a fairer competitive landscape for domestic...Published: 06 Feb 2024 at 17:49hrs | 1 | by Staff reporter
Zimbabweans' appetite for imports remains high
Zimbabweans still prefer imported goods despite increased production by local producers because most of the products are substandard, it has emerged.For years, the local market has been domina...Published: 31 Dec 2023 at 12:56hrs | 13 | by Staff reporter
Retailers want zero VAT restored on basics
THE Confederation of Zimbabwe Retailers has called on Finance, Economic Development and Investment Promotion Minister Mthuli Ncube to reverse proposals to introduce Value Added Tax on a small range of...Published: 06 Dec 2023 at 05:04hrs | 13 | by Staff reporter
Unraveling Interdependence. What Interdependence?
In today's globalized world, one cannot help but be intrigued by the intricate dynamics of resource distribution among nations. It is a fascinating subject that reveals the disparities and imbalances ...Published: 02 Sep 2023 at 06:52hrs | 2 | by Kumbirai Thierry Nhamo
Next Zimbabwe President faces uphill task
ZIMBABWE is facing a host of pressing challenges that voters dearly want the next president to address. Persistently high inflation, elevated interest rates, and a slumping and volatile Zimbabwe dolla...Published: 17 Aug 2023 at 06:52hrs | 14 | by Jonathan Munemo
Embracing deglobalisation in a globalised world
"The more things change, the more they stay the same ..." is a commonly used quotation coined by the French writer Jean-Baptiste Alphonse Karr.The saying implies that even the most turbulent o...Published: 06 Jun 2023 at 06:50hrs | 1 | by Tapiwa Gomo
Mthuli Ncube's import duty waiver on basic goods praised
ZIMBABWEANS have applauded the Government for lifting all restrictions on the import of basic commodities to boost market supplies and granting a 100 percent retention of domestic foreign currency ear...Published: 06 Jun 2023 at 06:17hrs | | by Staff reporter
Zimbabwe toothpaste maker faces closure
The country's only toothpaste maker - Merken- is in danger of going out of business following the government's decision to allow the unfettered entry of the products it manufactures into the country, ...Published: 28 May 2023 at 08:07hrs | 6 | by Staff reporter
Mnangagwa's administration panicking
FORMER Finance minister and opposition legislator, Tendai Biti, says government's latest interventions to save the free-falling local currency expose panic in President Emmerson Mnangagwa's administra...Published: 13 May 2023 at 18:27hrs | 1 | by Staff reporter
Mthuli Ncube scrambles to rescue Zimdollar
FINANCE minister Mthuli Ncube has removed duty on all basic commodities to combat the rampant price increases in a slew of desperate measures to save the collapsing Zimbabwe dollar.Over the pa...Published: 12 May 2023 at 06:06hrs | | by Staff reporter
When all friendship ceases!
Von Hornick's nine principles on National EconomyIn 1684, an Austrian lawyer-turned-civil servant, Philipp Wilhelm von Hornick, published nine principal rules of a National Economy.The...Published: 04 Mar 2023 at 07:57hrs | 1 | by Jamwanda
Zimbabwe govt cancels exemption facility for importers
THE Government says the exemptions letters issued to importers, but without expiry dates, under the Consignment Based Conformity Assessment (CBCA) programme 2022 have expired.The CBCA programm...Published: 03 Oct 2022 at 06:03hrs | 1 | by Staff reporter
'Zimbabwe economic outlook grim'
ECONOMISTS have warned that Zimbabwe's economic outlook looks "dark" given the country's widening trade deficit following the government's suspension of customs duties on imported consumer goods....Published: 08 Jul 2022 at 07:36hrs | 11 | by Staff reporter
Govt keeps focus on Zimdollar
Government will not let-up on implementing fiscal and monetary measures to contain resurgent inflation and tame Zimbabwe dollar volatility, Finance and Economic Development Minister Professor Mthuli N...Published: 19 Jun 2022 at 10:04hrs | 11 | by Staff reporter
Basic goods disappear from shelves in Zimbabwe
SOME basic commodities such as cooking oil have virtually disappeared from shop shelves as the monthly food basket shot to $120 000.The Consumer Council of Zimbabwe (CCZ) yesterday said a fami...Published: 20 May 2022 at 06:31hrs | 1 | by Staff reporter
Basics run out of Zimbabwe shelves
PRESIDENT Emmerson Mnangagwa and Finance minister Mthuli Ncube's recent economic pronouncements have reportedly triggered a shortage of most locally-manufactured basic commodities in most retail shops...Published: 16 May 2022 at 06:26hrs | 2 | by Staff reporter
Zimbabwe must abandon use of US$ immediately
ECONOMIST Eddie Cross, believes the best way to stabilise the prices of basic goods in the country and spur development is to end the use of the United States dollar in the economy. Speaking on 3Ktv p...Published: 27 Apr 2022 at 12:57hrs | 16 | by Staff reporter
Even ZANU PF 'denigrated' the country and called for 'crippling sanctions' that hurt ordinary citizens!
Whenever I mention my watching of the state-controlled broadcaster ZBC (Zimbabwe Broadcasting Corporation) - albeit, grudgingly and under insufferable str...Published: 14 Apr 2022 at 19:18hrs | 15 | by Tendai Ruben Mbofana
Govt throws its weight behind Buy Zimbabwe
GOVERNMENT will complement the efforts by Buy Zimbabwe to promote growth and competitiveness in the country's local industry, Finance minister Mthuli Ncube has said.Speaking at the 11th editio...Published: 11 Apr 2022 at 06:35hrs | 2 | by Staff reporter
US 'demystifies' Zimbabwe sanctions
THE United States says its sanctions are only targeted at a few Zimbabwean companies and individuals who are dabbling in corruption and undermining human rights, emphasising that it is untrue the rest...Published: 19 Mar 2022 at 07:21hrs | 1 | by Staff reporter
Zimra defends blitz on improperly imported vehicles
The blitz on improperly imported vehicles carried by the Zimbabwe Revenue Authority (Zimra) is in line with the law and anyone who feels disadvantaged is free to seek redress.The intervention ...Published: 18 Mar 2022 at 05:27hrs | 9 | by Staff reporter
RBZ warns Ukraine war could result in price increases
THE Reserve Bank of Zimbabwe (RBZ) Monetary Policy Committee (MPC) has predicted that the ongoing armed conflict between Russia and Ukraine will have a knock-on effect on prices of goods and services ...Published: 06 Mar 2022 at 08:40hrs | 11 | by Staff reporter
Trucker arrested for smuggling water
POLICE has arrested Abraham Mutakwa (42), a trucker for entering the country using illegal means and routes with 39 660 litres of water, which he purported was diesel destined for Zambia.Mutak...Published: 17 Feb 2022 at 05:38hrs | | by Staff reporter
CBZ tops blocked funds list
CBZ Bank has the highest amount (US$424 million) out of 580 companies with funds that could not be repatriated from the country - commonly known as blocked funds - latest official figures show....Published: 10 Jan 2022 at 05:57hrs | 11 | by Staff reporter
Inside the forex cul-de-sac
THE Reserve Bank of Zimbabwe (RBZ) will this week meet large producers and retail outlets to discuss rampant black market pricing of goods that has gripped the nation, and threatening to erode stabili...Published: 10 Oct 2021 at 06:34hrs | 2 | by Staff reporter
Big Zimbabwean companies are fingered in forex fiddle
TOP executives and directors from up to 20 big companies face imminent arrest following a Reserve Bank of Zimbabwe (RBZ) investigation into massive multi-million-dollar fraud involving the country's f...Published: 08 Oct 2021 at 18:58hrs | 14 | by Staff reporter
Cross-border buses: smuggling conduits
Zimbabwe could be losing millions in potential revenue through smuggling perpetuated by connected bus crews who have devised survival tactics in the face of the existing ban in cross-border travel. ...Published: 11 Sep 2021 at 12:13hrs | 11 | by Staff reporter
Zimbabwe, Tanzania are main sources of Uganda's gold
Unrefined gold imports from both Tanzania and Zimbabwe have pushed the two countries into becoming some of Uganda's largest trade partners, according to data from Bank of Uganda.It is the firs...Published: 21 Aug 2021 at 21:31hrs | 2 | by Staff reporter
SA protests to push Zimbabwe prices high
ZIMBABWE could see a spike in prices of imported goods as hundreds of containers with goods destined for the country were stuck along routes and at warehouses in South Africa following last week's pro...Published: 18 Jul 2021 at 08:00hrs | 2 | by Staff reporter
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