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Zanu-PF space barons take over parking bays in Bulawayo CBD
Bulawayo's central business district has become the latest battleground in a simmering turf war over vending space, with ZANU PF-linked "space barons" accused of illegally converting municipal parking...Published: 27 Jul 2025 at 21:02hrs | 647 | by Staff reporter
Mthuli Ncube promises major cuts within 2 weeks
Finance and Economic Development Minister Professor Mthuli Ncube has pledged sweeping policy reforms within the next two weeks aimed at boosting the viability of small-scale businesses across Zimbabwe...Published: 27 Jul 2025 at 20:59hrs | 1461 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1548 | by Staff reporter
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 727 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 248 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 841 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
Zimra faces deepening tax enforcement crisis
The Zimbabwe Revenue Authority (ZIMRA) is grappling with a growing tax enforcement crisis as the dominance of the cash economy, rampant informality, and high-profile tax disputes expose critical weakn...Published: 26 Jun 2025 at 11:26hrs | 1644 | by Staff reporter
Zimbabwe Parliament demands removal of punitive taxes
Parliament has sharply escalated pressure on Treasury to urgently scrap punitive taxes, including the highly contentious 2% Intermediated Money Transfer Tax (IMTT), by August 31, 2025, in a bid to hal...Published: 26 Jun 2025 at 11:25hrs | 1732 | by Staff reporter
Job losses plague Zimbabwe's retail, mining sectors
Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...Published: 20 Jun 2025 at 17:31hrs | 98 | by Staff reporter
Bulawayo councillors raise alarm over tough business registration rules
Bulawayo city councillors have voiced serious concern over the stringent registration requirements imposed by the local authority on small business operators, warning that the rigid system is fuelling...Published: 10 Jun 2025 at 08:44hrs | 158 | by Staff reporter
Biti warns Zimbabwe heading toward collapse
Former Finance Minister Tendai Biti has sounded a dire warning over Zimbabwe's economic trajectory, claiming the country is collapsing under the burden of failed monetary reforms, rampant corruption, ...Published: 09 Jun 2025 at 17:38hrs | 1061 | by Staff reporter
Harare vendors live in fear as Municipal police crackdowns intensify
The sudden silence before chaos is the hallmark of Harare's latest crackdown on informal street vendors. Municipal police, some in plainclothes, others in uniform, move swiftly and silently through cr...Published: 08 Jun 2025 at 12:05hrs | 65 | by Staff reporter
Bulawayo cracks down on informal trading
The City of Bulawayo (BCC) has announced a swift and decisive crackdown on micro, small, and medium enterprises (MSMEs) and other traders operating in undesignated areas within the city centre....Published: 05 Jun 2025 at 10:13hrs | 1949 | by Staff reporter
New high-quality ZiG banknotes on the way
The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...Published: 03 Jun 2025 at 11:53hrs | 856 | by Staff reporter
Zimbabwe assumes ILO Conference presidency
Zimbabwe has marked a significant milestone on the global stage by assuming the presidency of the 113th Session of the International Labour Conference (ILC) currently underway in Geneva, Switzerland....Published: 03 Jun 2025 at 10:17hrs | 156 | by Staff reporter
Coltart decries lack of arrest powers for Municipal police
Bulawayo Mayor David Coltart has raised concerns over the city's inability to effectively enforce municipal by-laws due to the limited powers of municipal police, particularly their lack of authority ...Published: 24 May 2025 at 11:01hrs | 198 | by Staff reporter
Second-hand clothes behind Harare bed bug terror
A growing bed bug infestation in Harare has triggered widespread concern among residents, with second-hand clothing identified as a possible cause of the outbreak. Health experts and civic leaders are...Published: 25 Apr 2025 at 07:21hrs | 243 | by Staff reporter
Hoarding cash undermines Zimbabwe economy
Stashing cash in safe deposit boxes, a practice often used to secure valuables, is adversely affecting the smooth functioning of the economy by diverting funds away from productive sectors, according ...Published: 13 Apr 2025 at 09:38hrs | 174 | by Staff reporter
Siziva slams Mnangagwa cronies over 'industrial-scale' looting
Prominent opposition activist and Citizens Coalition for Change (CCC) spokesperson, Gift Ostallos Siziva, has launched a scathing attack on what he describes as the "corrupt cabal" propping up Preside...Published: 07 Apr 2025 at 20:30hrs | 2249 | by Staff reporter
Zimbabwe govt workers moonlight as street vendors
Every morning, Dumisani Ngara* gets up at dawn to catch a 6:30am bus to work at Zimbabwe's Ministry of National Housing and Social Amenities. The government-provided bus is free for civil servants in ...Published: 28 Mar 2025 at 12:41hrs | 1127 | 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
Harare deploys special police unit against vendors
The City of Harare has announced the creation of a new municipal police unit tasked with raiding illegal traders and arresting litterbugs in the central business district (CBD). This move is part of t...Published: 01 Mar 2025 at 09:21hrs | 1026 | by Staff reporter
Zimbabwe's liberation was the greatest farce of all time
The truth can be a bitter pill to swallow, but it needs to be taken if we are to heal our nation.Zimbabwe's liberation struggle, celebrated as a triumph over colonial oppression when independe...Published: 25 Feb 2025 at 21:11hrs | 1162 | by Tendai Ruben Mbofana
Zimbabwe govt makes electronic money usage compulsory for businesses
The Zimbabwean Cabinet has approved the compulsory use of electronic money by all businesses in a bid to formalize the country's largely informal economy and enhance fiscal revenue collection. The mov...Published: 12 Feb 2025 at 06:40hrs | 656 | by Staff reporter
Mnangagwa returns with battered image?
President Emmerson Mnangagwa has officially returned to active duty after his annual leave, but his comeback is marred by intense political and economic turbulence. While Mnangagwa was on leave, Vice ...Published: 05 Feb 2025 at 12:11hrs | 1669 | by Staff reporter
Mnangagwa returns from annual leave
President Emmerson Mnangagwa has officially resumed his duties after a month-long annual leave, with a clear focus on addressing Zimbabwe's economic growth and stability. Deputy Chief Secretary in the...Published: 05 Feb 2025 at 11:46hrs | 82 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1071 | by Tendai Ruben Mbofana
Tuckshops challenge Zimbabwe's retail giants
A quiet but dramatic shift is unfolding in Zimbabwe's retail sector as large supermarket chains struggle against the rise of informal tuckshops. Established brands such as OK Zimbabwe, Spar, and Chopp...Published: 31 Jan 2025 at 07:31hrs | 573 | by Staff reporter
Zimbabwe's tax plan has informal traders tangled up
Mediline Sibanda opened her hairdressing business 13 years ago in Bulawayo's bustling central business district where she operates alongside other vendors and traders that are part of the country's th...Published: 20 Jan 2025 at 10:28hrs | 2088 | by Staff reporter
Minister Mthuli's Anaconda Choke on the Informal Sector Marks the End of Zanu PF Rule
Zimbabwe's Minister of Finance, Mthuli Ncube, has taken drastic measures to clamp down on the informal sector, a move being described as an "anaconda chok...Published: 13 Dec 2024 at 19:15hrs | 1795 | by Kindred Sibanda
Women vendors petition Mafume over wares confiscation
Harare's women vendors, with the support of the Women's Academy for Leadership and Political Excellence (Walpe), have formally petitioned Mayor Jacob Mafume regarding the ongoing confiscation of their...Published: 13 Dec 2024 at 09:34hrs | 79 | by Staff reporter
CCC mayor, Zanu MP fight over tuck-shops
Tensions flared between Kwekwe City CCC Mayor Albert Zinhanga and former Zanu-PF Mbizo MP Vongaiishe Mupereri on Tuesday during a public event in Mbizo 15, as the two clashed over the issue of illegal...Published: 30 Nov 2024 at 15:10hrs | 1508 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1090 | by Staff reporter
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 390 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 659 | by Staff reporter
Mnangagwa declares Mbare inferno a disaster
President Emmerson Mnangagwa has declared the devastating fire that ravaged the Mbare Traders Market a state of disaster, paving the way for urgent assistance and resources to support thousands of tra...Published: 19 Nov 2024 at 08:56hrs | 1151 | by Staff reporter
Zimbabwe's unemployment rate goes up
ZIMBABWE'S national unemployment rate has slightly moved by 1,3% to 890 161 compared to 850 326 recorded in the first quarter as the country's economic downturn shows no signs of abating, latest Zimba...Published: 07 Nov 2024 at 07:15hrs | 466 | by Staff reporter
'ZiG defence plan doomed'
The introduction of Zimbabwe's gold-backed currency, Zimbabwe Gold (ZiG), has faced a series of severe setbacks, pushing the economy deeper into turmoil, according to a new report by the Confederation...Published: 05 Oct 2024 at 16:35hrs | 2670 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2778 | by Nkosi Moyo
SADC countries reducing themselves to world-famous beggars
Southern African member states have been criticized for acting like "world-famous beggars" when engaging with potential investors, despite having abundant natural resources that could significantly im...Published: 17 Aug 2024 at 21:21hrs | 1265 | by Staff reportetr
Vendors, Mnangagwa's govt head for showdown over Sadc swoop
Informal trader representatives in Harare have expressed strong opposition to the government's plans to evict them from the central business district (CBD) ahead of the Sadc Summit. The government aim...Published: 15 Jul 2024 at 08:15hrs | 265 | by Staff reporter
Ministers, CEOs call for adoption of AI
The CEO's Africa Roundtable kicked off in the resort town of Victoria Falls amid robust debate and cross fertilisation of ideas to catapult Africa to its full potential and eliminate poverty on the co...Published: 15 Jun 2024 at 13:04hrs | 5 | by Mandla Ndlovu
Zimbabwe female vendors play hide, seek to survive street wars
The streets of Harare, Zimbabwe's capital, serve as both battlegrounds and lifelines for female vendors. In interviews conducted by WAN-IFRA, these vendors reveal a daily struggle, hiding their goods ...Published: 08 Jun 2024 at 17:33hrs | 26 | by Staff reporter
Zimbabwe's ZiG gamble backfires?
In late May, monitoring the ZiG currency against other currencies revealed a divergence between the government-regulated exchange rate and the market-determined parallel rate. Introduced on Ap...Published: 04 Jun 2024 at 13:50hrs | 15 | by Staff reporter
Zimbabwe finds a way to turn paper into gold long live Gushungo!!!
Money, the market, free enterprise, free trade, law, and justice, among others - existed in other forms before the colonialists introduced paper currency. The natives had their own functional institut...Published: 09 Apr 2024 at 16:58hrs | 3 | by Sam Wezhira
Vendors threaten to sue HCC over violence
INFORMAL traders have threatened to sue the Harare City Council (HCC) for using severe force during raids against suspected illegal vendors.This follows a video circulating on social media sho...Published: 21 Mar 2024 at 08:46hrs | 1 | by Staff reporter
'54% Zimbabweans unemployed'
ONLY 46,3% of Zimbabwe's working age population are employed, the Zimbabwe National Statistics Agency (ZimStat)'s latest figures have revealed.In its 2023 fourth quarter labour force survey, Z...Published: 21 Feb 2024 at 07:17hrs | 2 | by Staff reporter
World Bank calls on Zimbabwe to develop insurance scheme for informal workers
The World Bank, a global financial institution, has urged Zimbabwe to establish an insurance scheme for workers in the informal sector. The recommendation includes utilizing the mobile money ecosystem...Published: 31 Dec 2023 at 19:48hrs | 15 | by Staff reporter
Mozambican hustlers take over Harare streets
In the bustling heart of Harare, with towering skyscrapers and vendors hawking wares amid the honking symphony of traffic, a unique brand of entrepreneurship thrives.Young Mozambican men, thei...Published: 27 Dec 2023 at 07:31hrs | 16 | by Staff reporter
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