Search / Investments
Choppies exits Zimbabwe with US$1 million loss
Botswana-based retail giant Choppies Enterprises Limited has confirmed it incurred a loss of P14 million (approximately US$1.02 million) following the disposal of its Zimbabwean operations in December...Published: 43 mins ago | 59 | by Staff reportetr
Zanu-PF intensifies campaign in Glen View
Zanu-PF has ramped up its campaign efforts in Glen View South as the party prepares for a decisive by-election on April 12. With all structures mobilized, teams have been deployed for roadshows and do...Published: 03 Apr 2025 at 08:13hrs | 164 | by Staff reported
US$400,000 tender lands ex-Harare officials in court
TWO former senior City of Harare officials were yesterday arraigned before the court to answer to a criminal abuse of office charge involving a fraudulent US$465 290 tender award for the Mbare Biogas ...Published: 02 Apr 2025 at 08:56hrs | 136 | by Staff reporter
Bulawayo councillor opposes water privatisation
A Bulawayo city councillor has urged the municipality to retain full control of the proposed water utility, arguing that local ownership is the best approach for managing the city's water supply....Published: 01 Apr 2025 at 15:05hrs | 313 | by Staff reporter
Judge faces serious allegations of attempting to defraud Zimasco
Zimbabwe Alloys and Smelting Company (ZIMASCO) has formally lodged a complaint with the Judicial Services Commission (JSC) against High Court Judge Joel Mambara, alleging judicial misconduct in a case...Published: 28 Mar 2025 at 12:28hrs | 2697 | by Staff reporter
Actions for defense of African countries took place in European capitals
Anti-colonialists came to the streets of Europe's largest cities to talk about the consequences of today's NATO and EU policies, which, according to the organizers, are aimed at enslaving the peoples ...Published: 28 Mar 2025 at 11:18hrs | 120 | by Staff Reporter
Zimbabwe engages diaspora community to boost investment
Zimbabwe's diaspora community plays a vital role in the country's development, and the Government is actively engaging them to facilitate access to investment opportunities, Foreign Affairs and Intern...Published: 28 Mar 2025 at 05:42hrs | 115 | by Staff reporter
Bulawayo deputy mayor to have his day in court over bribery allegations
The bribery case involving Bulawayo Deputy Mayor Edwin Ndlovu and Finance and Development Chairperson Councillor Mpumelelo Moyo is set to be heard tomorrow in court. The two are facing charges of soli...Published: 27 Mar 2025 at 06:17hrs | 246 | by Staff reporter
Diaspora remittances surge 7,5% in February
Diaspora remittances to Zimbabwe grew by 7.5 percent in February 2025, reaching US$165 million, up from US$153.8 million in the same month last year. The increase highlights the continued importance o...Published: 26 Mar 2025 at 06:46hrs | 102 | by Staff reporter
Message for all Zimbabwe's Property Owners
The conviction of Prosper Bizwick by Harare magistrate Ethel Sichera has shed light on the deep-rooted corruption within the Deeds Office, exposing how those entrusted with public service can betray t...Published: 25 Mar 2025 at 21:56hrs | 1345 | by Engineer Jacob Kudzayi Mutisi
Dakamela Achievers Awards
The Chief Dakamela Achievers Awards/ Imiklomelo Kadakamela are a significant initiative in reviving and promoting Mthwakazi economy, culture and traditions.Eco...Published: 23 Mar 2025 at 21:09hrs | 630 | by Sam Velaphi Mabhena
Zimbabwe, India continue strengthening educational and technological relations
Zimbabwe and India have continued to strengthen their bilateral relations through collaborative cooperation in the fields of technology, trade and educational exchange programmes, the recent Indian Te...Published: 19 Mar 2025 at 15:13hrs | 231 | by Gideon Madzikatidze/Simbarashe Sithole
Zapu bemoans Zimbabwe's ailing health sector
The recent death of uGogo Rose Nyathi, "a Bulawayo celebrity, human rights activist, and informal comedian", who was laid to rest at Lady Stanley Cemetery highlighted some of the anomalies in our heal...Published: 16 Mar 2025 at 13:06hrs | 414 | by Dr Themba Bulle, ZAPU Deputy Secretary for Health and Welfare
Zimbabwe to reform electricity pricing
Zimbabwe is set to introduce regulatory changes in its electricity pricing system to allow producers to sell power at competitive rates, ensuring they can recoup costs and sustain operations.E...Published: 16 Mar 2025 at 09:24hrs | 302 | by Staff reporter
BCC reduces parking exemption hours for senior citizens
The City of Bulawayo has announced a reduction in monthly parking exemption hours for senior citizens, citing financial losses exceeding US$119,000 from the initiative last year. As a result, the exem...Published: 16 Mar 2025 at 09:23hrs | 236 | by Staff reporter
Zimbabwe asset management landscape shifting
The asset management landscape in Zimbabwe is undergoing a significant transformation, with notable shifts in the allocation of funds under management (FUM), signaling a more cautious and strategic ap...Published: 15 Mar 2025 at 12:01hrs | 245 | by Staff reporter
Zimbabwe
Zimbabwe has faced numerous challenges in recent years, including economic instability, political turmoil, and social unrest. As the country looks to the future, there are several factors that will ha...Published: 14 Mar 2025 at 19:46hrs | 420 | by Mlilo Joyinani and Ndaba M. Nhuku
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 69 | by Dr Bekithemba Mpofu
Organisational consequences of non-compliance with Zimbabwe's Data Protection Regulations
Insurance, banks, mobile service providers, funeral assurance providers, in fact any company that stores personal data, the advent of the Cyber and Data Protection Act in Zimbabwe marks a significant ...Published: 13 Mar 2025 at 16:34hrs | 178 | by Jacob Kudzayi Mutisi
India charms Zim SMEs, collaboration bears fruits
Representatives from Zimbabwe Chamber of Small to Medium-Sized Enterprises (SMEs) delegation currently attending the 11th edition of Saurashtra Vepar Udyog Mahamandal (SUVM) international trade show h...Published: 13 Mar 2025 at 16:10hrs | 145 | by Gideon Madzikatidze/Simbarashe Sithole
BCC, TTI launch crackdown on illegal taxis
The Bulawayo City Council (BCC) and Tendy Three Investments (TTI) have teamed up for a joint operation aimed at curbing the growing problem of illegal taxis, locally known as Mshikashika, in the city ...Published: 12 Mar 2025 at 11:39hrs | 567 | by Staff reporter
Gwanda Lithium Mine completes new plant
Gwanda Lithium Mine has successfully completed the construction of its multi-million-dollar processing plant and secured an export permit from the Government, paving the way for lithium concentrate sh...Published: 12 Mar 2025 at 07:42hrs | 534 | by Staff reporter
Bulawayo dams remain critically low since Independence
Despite this year's above-normal rainfall season, Bulawayo could still face extended periods without water, with the local authority warning of a potential crisis that could rival some of the worst in...Published: 09 Mar 2025 at 13:17hrs | 103 | by Staff reporter
Zimbabwe welcomes US investment in coal production
Zimbabwe is prepared to welcome investment in coal production from the United States following Washington's major shift in energy policy, which now seeks partnerships with African countries in coal pr...Published: 09 Mar 2025 at 13:07hrs | 314 | by Staff reporter
Fire guts Mpilo Hospital Kiosk
A fire broke out this afternoon at Mpilo Central Hospital in Bulawayo, gutting a six-roomed Red Cross structure used as a kiosk. The blaze, caused by an overheated fresh chips fryer, resulted in the d...Published: 07 Mar 2025 at 19:16hrs | 377 | by Staff reporter
Tempers flare at Bulawayo Council Chambers
A crucial feedback meeting on the formation of a water utility for Bulawayo ended in chaos on Thursday as tempers flared among city officials, residents, and civic society representatives. The meeting...Published: 07 Mar 2025 at 19:15hrs | 798 | by Staff reporter
Indian firm eyes Zimbabwe for lithium refinery and EV manufacturing
Vardhaan Lithium, the company spearheading India's first lithium refinery and battery manufacturing unit, has expressed keen interest in leveraging Zimbabwe's vast mineral resources, with plans for be...Published: 07 Mar 2025 at 06:59hrs | 90 | by Staff reporter
Nigerians buying South African bank
The Bidvest Group has placed Bidvest Bank as a discontinued operation in its latest financial results ahead of the bank's sale to Nigerian giant Access Bank.In its results for the six months e...Published: 06 Mar 2025 at 16:34hrs | 2026 | by Staff reporter
Supreme Court dismisses Tendai Biti appeal in US$1 million case
The Supreme Court has dismissed lawyer and former Finance Minister Tendai Biti's appeal against a High Court ruling that denied his application for condonation in a US$1 million defamation case filed ...Published: 06 Mar 2025 at 14:18hrs | 185 | by Staff reporter
SADC initiates study on regional railway master plan
THE Southern African Development Community (SADC) Secretariat said on Friday that it has embarked on a study to develop a regional railway master plan and a bankable investment strategy.Angele...Published: 03 Mar 2025 at 12:34hrs | 168 | by Staff reporter
Mnangagwa's white ally in land grab scandal?
President Emmerson Mnangagwa is reportedly behind the imminent eviction of a number of productive indigenous farmers, including war veterans and the reigning young farmer of the year from Goromonzi, M...Published: 01 Mar 2025 at 09:31hrs | 3392 | by Staff reporter
India lauds trade prospects with Zimbabwe, projects implementation
The Indian Ambassador to Zimbabwe, His Excellency, Mr Bramha Kumar, has lauded trade prospects between Zimbabwe and India while reminding that he looks forward for Zimbabwe to implement agenda items a...Published: 28 Feb 2025 at 12:58hrs | 287 | by Gideon Madzikatidze
Mnangagwa set to pacify war veterans
President Emmerson Mnangagwa is set to hold a crucial meeting with Zimbabwe's war veterans in the coming weeks, amid increasing dissent within their ranks, with some calling for his resignation. The m...Published: 27 Feb 2025 at 14:59hrs | 3435 | by Staff reporter
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 404 | by Staff reporter
Zimbabwe could clear arrears with bold reforms
Zimbabwe could clear its arrears and rework $21 billion in debt that's kept it locked out of international capital markets for more than a quarter of a century if it implements fiscal reforms, the Wor...Published: 27 Feb 2025 at 11:05hrs | 356 | by Staff reporter
Mwenezi Mapfura/Marula-processor drives rural industrialisation, economy forward
Through current capacity utilisation, the Mwenezi Mapfura/Marula processing plant in Rutenga (Masvingo Province) has recorded an export and product demand surge in regional and international trade, wi...Published: 26 Feb 2025 at 19:26hrs | 621 | by Gideon Madzikatidze/Simbarashe Sithole recently in Rutenga
Zimbabwe among Africa's fastest-growing economies in 2025
Zimbabwe is expected to be one of Africa's fastest-growing economies this year, with the African Development Bank (AfDB) forecasting a 5.3 percent growth rate.This strong projection is slightl...Published: 26 Feb 2025 at 07:42hrs | 375 | by Staff reporter
Zimbabwe expands steel industry as global plants shut down
While steel plants worldwide face closures, Zimbabwe is making significant strides in expanding its steel industry. President Emmerson Mnangagwa has officiated at the groundbreaking ceremony for the U...Published: 24 Feb 2025 at 17:01hrs | 1023 | by Staff reporter
Mnangagwa's UAE investment adviser swindled Indian man $2.3 million
In a shocking revelation, Tempter Paul Tungwarara, the investment adviser to President Emmerson Mnangagwa for the United Arab Emirates, has been accused of swindling an Indian investor, Razaa Jishan, ...Published: 23 Feb 2025 at 12:25hrs | 996 | by Staff reporter
Zimbabwe Court kicks out Chinese company from villagers' land
The High Court in Chinhoyi has issued an interdict against Labenmon, a Chinese mining company, barring it from expanding its operations into a grazing area owned by two villages in Magunje, Hurungwe....Published: 22 Feb 2025 at 19:19hrs | 13274 | by Staff reporter
BCC launches major effort to clear clogged sewer pipes
In response to growing public concern over frequent sewer blockages, the Bulawayo City Council (BCC) has launched an extensive programme aimed at clearing the city's clogged sewer pipes, which have lo...Published: 22 Feb 2025 at 11:59hrs | 508 | by Staff reporter
Chiredzi SMEs complement Vision 2030, empower less privileged
Over a thousand members drawn from Chiredzi rural and urban districts operating micro, small to medium enterprises are complementing government efforts to attain upper-middle income economic status by...Published: 22 Feb 2025 at 11:07hrs | 750 | by Gideon Madzikatidze/Simbarashe Sithole recently in Chiredzi
Zimbabwe Must Seize the Opportunity to Attract Investment as South Africa Faces Agricultural and Economic Shifts
The ongoing upheaval in South Africa regarding the removal of white farmers and the broader implications for the country's investment climate present a unique opportunity for Zimbabwe. While the polit...Published: 19 Feb 2025 at 13:13hrs | 493 | by Marilyn Mutize
Mphoko's son moves to block Choppies sale to Raji Modi
Siqokoqela Mphoko, son of the late former Vice President Phelekezela Mphoko, has filed an urgent chamber application seeking to prevent the sale of Choppies Zimbabwe to Bulawayo businessman and Deputy...Published: 16 Feb 2025 at 16:42hrs | 1950 | by Staff reporter
Zesa owes US$350m for Kariba South renovations
Zimbabwe's power utility, Zesa Holdings (Zesa), is grappling with a staggering US$350 million debt for renovations at the Kariba South Power Station, as its foreign currency obligations continue to hi...Published: 13 Feb 2025 at 13:55hrs | 186 | by Staff reporter
Edmund Kudzayi responds to Kenneth Sharpe accusations
Statement in Response to False Accusations by Mr Kenneth Sharpe (recordings in tweet below)It has come to my attention that Mr Kenneth Sharpe has fabri...Published: 13 Feb 2025 at 11:44hrs | 749 | by Edmund Kudzayi
Zimbabwe's power deficit soars to 1,560 megawatts
Zimbabwe is grappling with a worsening power crisis, with the country's electricity deficit now standing at a staggering 1,560 megawatts (MW), according to a new report from Parliament's Portfolio Com...Published: 12 Feb 2025 at 15:27hrs | 399 | by Staff reporter
Sanctions must fall for Zimbabwe to thrive
Citizens Against Economic Sanctions Zimbabwe (CAESZ) has pledged to ramp up its campaign calling for the removal of economic sanctions imposed by Western countries, which it says are stifling Zimbabwe...Published: 12 Feb 2025 at 15:14hrs | 282 | by Staff reporter
Zimbabwe in massive maize, wheat imports
Zimbabwe has imported 1.3 million metric tonnes of maize and wheat through the private sector to alleviate ongoing shortages caused by poor land utilisation, lack of funding, inadequate farming capaci...Published: 12 Feb 2025 at 11:21hrs | 176 | by Staff reporter
Zimbabwe's 2024 foreign currency receipts top US$13bn
Zimbabwe's foreign currency inflows grew by 21 percent in 2024, reaching US$13.3 billion compared to US$11 billion in 2023, driven primarily by an increase in export proceeds, according to the Reserve...Published: 12 Feb 2025 at 06:35hrs | 255 | by Staff reporter
Load More Stories