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Rampant fraud on fuel in transit worries Mthuli Ncube
Finance Minister Mthuli Ncube has proposed a temporary import duty on fuel in transit to other countries to address ongoing issues with transit fraud. In his mid-term budget statement to parli...Published: 10 hrs ago | 676 | by Staff reporter
Mthuli Ncube makes bold measures to anchor ZiG stability
The Government has introduced measures to enhance the stability of the Zimbabwe Gold (ZiG) currency, promote its use, and provide tax relief to boost consumer spending and production. In the Mid-Term ...Published: 19 hrs ago | 289 | by Staff reporter
Zimbabwe to import 3.2m tonnes of maize
The Zimbabwean Government has issued 651 import permits to private companies to procure at least 3.2 million tonnes of maize to mitigate drought impacts, surpassing the country's annual requirement of...Published: 24 Jul 2024 at 09:03hrs | 120 | by Staff reporter
Zimbabwe implementing 12-hour power cuts
The Government has attributed the current power cuts in Zimbabwe to reduced power generation at Hwange Power Station. The country is implementing 12-hour power cuts to manage domestic demand, as the n...Published: 17 Jul 2024 at 06:47hrs | 1071 | by Staff reporter
Allow all Zimbabweans to import vehicles DUTY FREE your current policy is discriminatory
Zimbabwe, a country grappling with economic challenges, has recently made headlines with a policy decision that has sparked both debate and controversy. The government has partially lifted the ban on ...Published: 16 Jul 2024 at 20:58hrs | 927 | by Engineer Jacob Kudzayi Mutisi
Zimra's unaccounted deposits cause tax woes
The Zimbabwe Revenue Authority (Zimra) received $101.54 billion in unaccounted deposits from clients in 2023, creating an administrative challenge that led to unnecessary penalties and interest on tax...Published: 15 Jul 2024 at 16:42hrs | 4136 | by Staff reporter
Zimbabwe power imports partly offset cuts
Zimbabwe can import up to 200MW from South Africa and two Mozambican suppliers to address its electricity shortfall caused by low water levels at Lake Kariba and reduced Zambezi River flows due to dro...Published: 15 Jul 2024 at 08:04hrs | 65 | by Staff reporter
Why Zimbabwe should break free from the US dollar's grip
Government Up Close"Normalcy is that a country must have its own currency," President Mnangagwa is on record highlighting this fact.Some people have argued that one of the gravest fina...Published: 11 Jul 2024 at 14:10hrs | 59 | by Nick Mangwana
Zimbabwe fret over new rolling blackouts
Zimbabwe's Energy Minister Edgar Moyo has been summoned by Parliament to address the severe hydrological challenges at Kariba Power Station, leading to extensive power outages of up to 18 hours in urb...Published: 10 Jul 2024 at 17:01hrs | 15 | by Staff reporter
John II's mission impossible to save Zimbabwe economy clocks 100 days
Zimbabwe's new central bank Governor John Mushayavanhu has done the seemingly impossible in his first 100 days - created a stable currency and tamed price pressures in a nation that's been a poster-ch...Published: 08 Jul 2024 at 11:06hrs | 3 | by Staff reporter
Zimra tightens vehicle import rules
Starting July 1, 2024, Zimbabwe has implemented new regulations requiring all vehicles imported through border posts like Beitbridge and Plumtree to obtain registration and number plates from the Cent...Published: 03 Jul 2024 at 10:26hrs | 6 | by Staff reporter
Zambia to criminalise the use of US$ in local economy
Zambia's central bank published plans to criminalize the use of foreign currency in the local economy amid the biggest rally in the kwacha in four months.The southern African nation has faced ...Published: 01 Jul 2024 at 08:46hrs | 3 | by Staff reporter
Zimbabwe's solar sector poised for growth
Solarpro Zimbabwe's latest report highlights the immense growth potential of Zimbabwe's solar sector, presenting a lucrative investment opportunity aligned with sustainable development goals. Accordin...Published: 30 Jun 2024 at 18:33hrs | | by Staff reporter
Kenya's Ruto eats humble pie
Kenyan President William Ruto said Wednesday he won't sign into law a finance bill proposing new taxes, a day after protesters stormed parliament and several people were shot dead. It was the biggest ...Published: 27 Jun 2024 at 09:58hrs | 2 | by Associated Press
Zimbabwe's daily fuel consumption reaches 5 million litres
Daily fuel demand in Zimbabwe has reached 5 million litres, with petrol accounting for 2 million litres and diesel for 3 million litres, according to Dr. Sosten Ziuku, director of energy conservation ...Published: 27 Jun 2024 at 06:44hrs | | by Staff reporter
US$450 million to repower Hwange Units 1-6
The Zimbabwe Power Company (ZPC) has secured a US$50 million loan to initiate the repowering of Hwange Power Station Units 1 to 6, aiming to boost the nation's power generation capacity. This move is ...Published: 23 Jun 2024 at 10:27hrs | | by Staff reporter
South African GNU and Zimbabwe economy
GNU as portfolio controlThis week, South Africa's President Cyril Ramaphosa was inaugurated for his second and last term in office under the current Constitution.What is now awaited is...Published: 22 Jun 2024 at 11:28hrs | 2 | by @Jamwanda2 on Saturday
Hwange power station now Zimbabwe's primary electricity generator
electricity generato\The Hwange Thermal Power Station has emerged as the primary electricity generator for Zimbabwe, meeting a significant portion of the national grid demands.In the first...Published: 21 Jun 2024 at 11:13hrs | | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Zimbabwe economy stabilising after ZiG introduction
The Zimbabwean economy has shown relative stability in recent months following the Reserve Bank Governor's Monetary Policy statement on April 5, 2024, and the transition from the Zimbabwe Dollar to Zi...Published: 20 Jun 2024 at 07:14hrs | | by Staff reporter
Zimbabwe on track to produce 600,000 tonnes of wheat
Zimbabwe is poised to achieve a record-breaking wheat harvest of over 600,000 tonnes, with farmers having planted 121 769 hectares this season, surpassing the national target of 120,000 hectares. ...Published: 19 Jun 2024 at 12:27hrs | | by Tonderai Ndoro
Fidelity Gold Refinery gold supply zero-rating policy shows promise
The zero-rating of gold deliveries to Fidelity Gold Refinery (FGR) has started bearing fruits as the local currency, the Zimbabwe Gold (ZiG) continues to strengthen while gold miners have been allevia...Published: 18 Jun 2024 at 17:17hrs | 9 | by Tonderai Ndoro
Mthuli Ncube courts UK investors
Finance, Economic Development, and Investment Promotion Minister Mthuli Ncube emphasized the importance of addressing food loss and waste to enhance food and nutrition security, particularly in light ...Published: 15 Jun 2024 at 12:12hrs | | by Staff reporter
Zesa seeks to settle loans in ZiG
Zesa Holdings is implementing cost-containment measures to drive revenue and pay off its significant loans. With successful expansion projects at Kariba Hydro Power Station and Hwange's units 7 and 8,...Published: 13 Jun 2024 at 06:51hrs | | by Staff reporter
Zimbabwe secures maize to feed 6 million people
The Zimbabwean government has mobilized 405,000 tonnes of grain to feed six million people for a year, distributing 7.5 kg per person, increasing to 8.5 kg from October to March. This response...Published: 06 Jun 2024 at 07:50hrs | | by Staff reporter
Zimbabwe to look East for trophy hunting export markets
Zimbabwean wildlife authorities are eyeing trophy hunting export markets in the East as some European countries move to ban trophy imports, an official said on Tuesday.The European Parliament ...Published: 03 Jun 2024 at 12:13hrs | 2 | by Staff reporter
'Zimbabwe a top 5 gold smuggler'
A recent report titled "On the Trail of African Gold: Quantifying Production and Trade to Combat Illicit Flows" by SWISSAID reveals that Zimbabwe ranks among the top five African countries engaged in ...Published: 03 Jun 2024 at 09:14hrs | 2 | by Staff reporter
Zimbabwe's ZPC struggles to procure new equipment
Zimbabwe Power Company (ZPC) management highlighted the ongoing challenge of insufficient funds for procuring spare parts and equipment to maintain aging machinery, impacting energy sufficiency. Durin...Published: 30 May 2024 at 08:35hrs | | by Staff reporter
NRZ, Chinese firm in US$500 million investment deal
THE National Railways of Zimbabwe (NRZ) is gaining momentum in its recapitalisation efforts, as it has signed a lucrative agreement with TransTech, a subsidiary of China Railway International Group (C...Published: 20 May 2024 at 09:24hrs | 3 | by Staff reporter
Zimbabwe load-shedding will not exceed stage-1 during winter season
ZIMBABWEANS can expect significantly limited load-shedding this winter season owing to considerably improved national grid stability that followed the commissioning of new generation units at Hwange T...Published: 20 May 2024 at 08:42hrs | 1 | by Staff reporter
Zimbabweans in SA push for parliamentary representation
Zimbabweans in South Africa are pressing for representation in Parliament, arguing that their numbers warrant consideration.This call comes as the Zimbabwean government reviews the 2016 Nation...Published: 19 May 2024 at 19:58hrs | | 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 | 10 | by Staff reporter
Benylin paediatric syrup banned
THE Medicines Control Authority of Zimbabwe (MCAZ) has banned the sale of Benylin Paediatric Syrup, which is manufactured by Johnson and Johnson in South Africa, after authorities in Nigeria found tox...Published: 16 Apr 2024 at 07:48hrs | 1 | by Staff reporter
El Niño drives Zimbabwean millers to seek Brazilian corn
Zimbabwe is considering importing corn from Brazil for the first time since 2014 as the El Niño weather pattern withers crops in the country and its neighbours.The dry spell triggered by the ...Published: 16 Apr 2024 at 07:47hrs | | by Staff reporter
SA-based tycoon pledges support for food import initiatives
Zimbabwe is facing a potentially food crisis due to the El Niño-induced drought, which the government has declared a state of disaster in a move meant to marshal resources and avert hunger.Go...Published: 12 Apr 2024 at 09:48hrs | | by Staff reporter
Zimbabweans told to approach banks for ZiG, USD
The Reserve Bank of Zimbabwe has enough reserves to satisfy the foreign currency requirements of all legitimate businesses and no company needs to go to the black market to pay for imports, RBZ Govern...Published: 12 Apr 2024 at 09:47hrs | | by Staff reporter
Zelensky plans trip to South Africa
Ukraine President Volodymyr Zelensky plans to pay SA an official state visit in the next few months as part of his African charm offensive amid a debilitating war with Russia. International re...Published: 08 Apr 2024 at 11:27hrs | 1 | by Staff reporter
Repowering of Hwange Units 1-6 to boost power generation
THE Government is stepping up the repowering of Hwange Units One to Six as part of efforts to find a lasting solution to the electricity problem in the country and is working on funding modalities as ...Published: 07 Apr 2024 at 10:06hrs | | by Staff reporter
Diplomatic tiff between Botswana and Germany: the magnificent ELEPHANT
The president of Botswana was not angry per se. He should never be angry if he is aware of the global positioning of states: which country is at the top of the other: who is the big brother and what a...Published: 06 Apr 2024 at 18:10hrs | 2 | by Nomazulu Thata
Botswana to 'send' 20,000 elephants to Germany
Botswana's president has threatened to send 20,000 elephants to Germany in a dispute over conservation.Angered by proposals in Berlin to restrict the import of hunting trophies, President Mokg...Published: 05 Apr 2024 at 10:16hrs | 1 | by Staff reporter
Zimbabwe seeks US$2b to avert famine
PRESIDENT Emmerson Mnangagwa on Wednesday extended the begging bowl to raise over US$2 billion to avert starvation in Zimbabwe after declaring the El Niño-induced drought a state of disaster....Published: 04 Apr 2024 at 06:02hrs | | by Staff reporter
Mnangagwa declares drought a national disaster
President Emmerson Mnangagwa has announced a state of emergency due to the ongoing drought gripping Zimbabwe, marking it as the third African nation to do so after Zambia and Malawi.Speaking f...Published: 03 Apr 2024 at 18:15hrs | | by Staff reporter
Mnangagwa to declare drought state of disaster
ZIMBABWE is expected to declare the drought which is ravaging the country a state of disaster in a bid to marshal resources and avert possible starvation, NewsDay can reveal.President Emmerson...Published: 03 Apr 2024 at 06:05hrs | 1 | by Staff reporter
Zimbabwe bans importation of 10-year-old used vehicles
GOVERNMENT has outlawed the importation of vehicles older than 10 years.Statutory Instrument (SI) 54 of 2024 Control of Goods (Import and Export) (Commerce) (Amendment) Regulations, 2024 (No 1...Published: 30 Mar 2024 at 13:41hrs | | by Staff reporter
Shadowy COZWVA: Purveyor of fake news threatening national stability
In a recent revelation, the Shadowy Children of Zimbabwe War Veterans Association (COZWVA) has emerged as a prominent provider of fake and malicious news content, with the apparent intention of destab...Published: 19 Mar 2024 at 14:54hrs | 1 | by Mandla Ndlovu
Mnangagwa a good farmer but then...
While Zimbabwean President Emmerson Mnangagwa's Precabe Farm in Sherwood, near Kwekwe, is doing well and is often used to showcase isolated success stories of the state-sponsored chaotic land reform p...Published: 13 Mar 2024 at 16:29hrs | | by Staff reporter
Mnangagwa under pressure
President Emmerson Mnangagwa is now under pressure to declare a drought in Zimbabwe after almost the entire crop planted in the 2023/24 summer cropping season has been rendered a complete write-off, a...Published: 13 Mar 2024 at 11:48hrs | | by Staff reporter
Grain imports into Zimbabwe liberalised
GOVERNMENT has liberalised the importation of grain at household level as part of a raft of measures aimed at mitigating the effects of the El Nino-induced drought and guaranteeing national food secur...Published: 13 Mar 2024 at 05:07hrs | 1 | by Staff reporter
Schoolchildren in Zimbabwe drop out for lithium mines
In August 2023, Zimbabwean President Emmerson Mnangagwa inaugurated a lithium processing plant in the eastern province of Manicaland, aiming to support operations at the expansive Sabi Star lithium mi...Published: 10 Mar 2024 at 06:30hrs | 1 | by Staff reporter
Duty-free imports of grain into Zimbabwe approved
AUTHORITIES have given the green light to companies and individuals with free funds to import grain without paying duty, as the country moves to avert hunger. This was confirmed by Finance Min...Published: 09 Mar 2024 at 14:59hrs | | by Staff reporter
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