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Zimbabwe's tourism sector declined in early 2025
Zimbabwe's tourism sector has experienced a significant downturn in the first quarter of 2025, with both receipts and investment sharply declining as global travel demand weakens and domestic economic...Published: 2 hrs ago | 22 | by Staff reporter
Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 114 | by Staff reporter
Govt backs Bulawayo's Khumbul'Ekhaya Investment drive
The government has thrown its support behind Bulawayo's Khumbul'Ekhaya Investment initiative, a programme designed to attract both local and diaspora investors to help revive the city's struggling eco...Published: 01 Aug 2025 at 09:17hrs | 350 | by Staff reporter
Top banker exposed in land deal
A senior official at FBC Bank, Rena Kunonga Sambaza, is currently embroiled in a legal dispute involving allegations of fraud related to the acquisition and subsequent exchange of a residential stand ...Published: 31 Jul 2025 at 08:19hrs | 519 | by Staff reporter
Bulawayo to host investment conference in Harare
The Bulawayo City Council (BCC) is today hosting the Khumbule' Khaya Investment Conference in Harare as part of efforts to attract investors to Zimbabwe's second-largest city, once known as the countr...Published: 30 Jul 2025 at 09:43hrs | 83 | by Staff reporter
Zimbabwe govt chefs scramble to save cement project
Senior government officials have stepped in to rescue a multi-million-dollar Chinese-run cement plant in Magunje, Mashonaland West, as mounting community resistance and environmental concerns threaten...Published: 30 Jul 2025 at 09:38hrs | 252 | by Staff reporter
ConCourt halts state seizures of peri-urban land without compensation
In a watershed decision with major implications for property rights and urban development, Zimbabwe's Constitutional Court has ruled that the government cannot compulsorily acquire peri-urban land und...Published: 29 Jul 2025 at 20:43hrs | 585 | by Staff reporter
Mutapa, RBZ push for economic transformation
The Mutapa Investment Fund and the Reserve Bank of Zimbabwe (RBZ) have pledged to play pivotal roles in driving economic transformation and ensuring financial stability as the nation accelerates effor...Published: 28 Jul 2025 at 14:18hrs | 202 | by Staff reporter
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
ZB faces shareholder revolt
ZB Financial Holdings (ZBFH) is once again embroiled in a shareholder dispute, as long-simmering tensions with prominent investor Nicholas Vingirai flare up over allegations of flawed audit procedures...Published: 25 Jul 2025 at 14:09hrs | 264 | by Staff reporter
ZIDA records surge in investment licences
The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in t...Published: 25 Jul 2025 at 09:42hrs | 77 | by Staff reporter
Professor Mugano's meeting with RBZ Governor raises eyebrows
Outspoken economist and long-time government critic Professor Gift Mugano has surprised many after expressing praise for the Reserve Bank of Zimbabwe (RBZ) and its team following a meeting with the ce...Published: 24 Jul 2025 at 15:31hrs | 1818 | by Staff reporter
Violence breaks out at Vumbachikwe Mine as panners fight over gold
Violence broke out at the Vumbachikwe Mine in Gwanda on Tuesday morning, where illegal gold panners who are now the order of the day were fighting over gold.Since the closure of the mine in No...Published: 24 Jul 2025 at 14:45hrs | 1005 | by Stephen Jakes
Zimbabwe govt petitioned over rights abuses in Magunje
The Centre for Natural Resource Governance (CNRG) has petitioned the government, demanding an urgent investigation and remedial action over alleged mining-related human rights abuses in Magunje, Hurun...Published: 22 Jul 2025 at 09:10hrs | 81 | by Staff reporter
UK overtakes China as second-largest US Treasury holder
China's recorded holdings of US Treasuries have fallen below those of the UK for the first time since the start of the century, underlining a shift in Beijing's management of its foreign reserves....Published: 21 Jul 2025 at 19:41hrs | 343 | by Staff reporter
Mnangagwa concludes Japan visit
President Emmerson Mnangagwa on Friday concluded a five-day working visit to Japan aimed at deepening diplomatic and economic ties, strengthening Zimbabwe's investment appeal, and positioning the coun...Published: 19 Jul 2025 at 09:10hrs | 215 | by Staff reporter
Chinese national in court for alleged US$322k fraud
A Chinese national appeared before the Harare Regional Magistrates Court on Thursday facing allegations of defrauding a client of US$322,381 under the pretext of supplying minerals and securing an exp...Published: 18 Jul 2025 at 20:54hrs | 279 | 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's plan to make ZiG sole currency faces sharp criticism
Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu has recently suggested making the local currency, the Zimbabwe Gold coin (ZiG), the sole legal tender in the country. Despite Mushayavanhu's c...Published: 18 Jul 2025 at 08:52hrs | 1194 | by Staff reporter
Zesa spreads prepaid meters to farms
ZESA Holdings has been ordered to implement prepaid and smart electricity meters across all sectors of the economy by October this year, a government move aimed at enhancing revenue collection and cur...Published: 18 Jul 2025 at 08:30hrs | 77 | by Staff reporter
Mutapa, Jindal Steel seal US$455m deal
The Mutapa Investment Fund (MIF) has finalized a $455 million concession agreement with Indian conglomerate Jindal Steel and Power Company for the rehabilitation of Units 1 to 6 at Hwange Therma...Published: 17 Jul 2025 at 20:58hrs | 622 | by Staff reporter
Zimbabwe govt warns Chinese firms over illicit deals
The Office of the President and Cabinet (OPC) has issued a sharp and public rebuke to Chinese businesses operating in Zimbabwe, warning them to immediately halt illicit financial activities, environme...Published: 16 Jul 2025 at 07:41hrs | 534 | by Staff reporter
Regime change foundation closes down
The Brenthurst Foundation, a Johannesburg-based think tank established and funded by the Oppenheimer family, known for funding regime change players...Published: 15 Jul 2025 at 22:12hrs | 693 | by Staff reporter
Matabeleland North embarks on waste water infrastructure overhaul
Urban councils in Matabeleland North have initiated a comprehensive programme to modernise waste water treatment and reticulation systems as part of efforts to improve environment...Published: 14 Jul 2025 at 07:56hrs | 127 | by Staff reporter
RBZ disburses ZiG350 million to key sectors
The RBZ announced it has disbursed ZiG350 million under its Targeted Finance Facility (TFF) to support key sectors of the economy, primarily manufac...Published: 14 Jul 2025 at 07:54hrs | 223 | by Staff reporter
Mnangagwa heads to Japan for World Expo 2025
President Emmerson Mnangagwa is expected to arrive in Japan today ahead of Zimbabwe's National Day celebrations at the World Expo 2025 Osaka, Kansai on Wednesday. His visit is...Published: 14 Jul 2025 at 07:49hrs | 127 | by Staff reporter
Ex-Nigerian president dies at a clinic in London
Muhammadu Buhari, a former Nigerian military ruler who went on to become the nation's first opposition candidate to win a presidential election, has died. He was 82.Buhari died on Sunday after...Published: 13 Jul 2025 at 21:12hrs | 1087 | by Staff reporter
Hwange's new CBD takes shape
The Hwange Local Board (HLB) has officially launched a long-anticipated greenfield development project that will see the creation of a brand-new central business district (CBD), in a major step toward...Published: 13 Jul 2025 at 11:43hrs | 353 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 516 | by Staff reporter
Gauteng-Limpopo bullet train takes another giant step
The planned "bullet train" between Gauteng and Limpopo has taken another step towards its eventual completion.The project, which was first announced in 2023 and is titled the Limpopo-Gauteng S...Published: 10 Jul 2025 at 13:08hrs | 590 | by Staff reporter
Zimbabwe central bank reports drop in inflation
The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...Published: 10 Jul 2025 at 10:11hrs | 179 | by Staff reporter
Govt finalises mining cadastre rollout
The Zimbabwean government is set to modernise the country's mining sector through the final rollout of a digital mining cadastre system aimed at improving transparency, accuracy, and efficiency in min...Published: 10 Jul 2025 at 09:09hrs | 188 | 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
Illegal lithium exports undermine Zimbabwe's mineral wealth
In 2023, Peter, a truck driver, approached a border checkpoint between Zimbabwe and Mozambique carrying a sealed container he believed held chrome, a mineral listed on the shipment paperwork. Having t...Published: 10 Jul 2025 at 09:00hrs | 240 | by Staff reporter
Zida warns US$43,12m at stake in haulage, logistics industry
The Zimbabwe Investment and Development Agency (Zida) has raised alarm over the potential loss of US$43.12 million in foreign investment in the haulage and logistics sector, following the implementati...Published: 10 Jul 2025 at 08:52hrs | 240 | by Staff reporter
Open letter to the President of Zambia, Hakainde Hichilema
An Open Letter to the President of Zambia, Hakainde Hichilema: I will not be silenced until death or a better Zambia emerges, whichever comes firstDear President Hichilema,Yesterday, I...Published: 09 Jul 2025 at 09:24hrs | 1113 | by Sishuwa Sishuwa
How Tagwirei's ascent threatens - and could reward - investors
Zimbabwe's political landscape has erupted into a new era of factionalism, with sanctioned tycoon Kudakwashe Tagwirei's meteoric rise within the ruling ZANU-PF party becoming a flashpoint. As the 2028...Published: 08 Jul 2025 at 15:18hrs | 577 | by Harrison Brooks
No more free water across Zimbabwe
The Government of Zimbabwe is set to begin the nationwide rollout of prepaid water meters in a landmark move aimed at improving water management, curbing wastage, and enhancing revenue collection. The...Published: 08 Jul 2025 at 09:38hrs | 303 | by Staff reporter
Zimbabwe activists under scrutiny over Mnangagwa wife's UK visit?
There are unconfirmed reports that the Government of Zimbabwe has ramped up its surveillance and crackdown on diaspora-based citizens accused of engaging in activities perceived to undermine the count...Published: 05 Jul 2025 at 10:29hrs | 902 | by Staff reporter
Egodini Mall project tarnishes BCC
As delays and controversy continue to dog the long-awaited Egodini Mall and Transport Hub redevelopment project, calls for greater accountability in local governance have reached fever pitch. The stal...Published: 05 Jul 2025 at 10:22hrs | 237 | by Staff reporter
ZB major shareholder blocks Ernst & Young appointment
ZB Financial Holdings' (ZBFH) attempt to re-appoint Ernst & Young (EY) as its external auditors for the 2025 financial year stalled last week after major shareholder Transnational Holdings objecte...Published: 04 Jul 2025 at 12:53hrs | 519 | by Staff reporter
RBZ to launch diaspora-backed securities
The Reserve Bank of Zimbabwe (RBZ) is preparing to introduce securitised financial instruments backed by diaspora remittances, a bold move aimed at unlocking over US$1 billion in annual inflows ...Published: 04 Jul 2025 at 12:41hrs | 315 | by Staff reporter
Zimbabwe gold exports jump 25% in June
Zimbabwe's gold exports soared by 24 percent in the first five months of 2025, reaching US$748 million compared to US$599.2 million during the same period in 2024, according to figures released by the...Published: 04 Jul 2025 at 09:22hrs | 142 | by Staff reporter
Zimbabwe sees surge in business visitors
Zimbabwe has recorded a notable resurgence in business travel, with 384,221 business visitors entering the country in 2024 - surpassing pre-pandemic levels and signalling renewed global interest in th...Published: 03 Jul 2025 at 19:15hrs | 298 | by Staff reporter
EU Warns Zimbabwe
The European Union (EU) has issued a stark warning to Zimbabwe, urging the government to implement urgent reforms to strengthen the rule of law, combat corruption, and ensure policy predictability. Wi...Published: 03 Jul 2025 at 12:31hrs | 1064 | by Staff reporter
TelOne struggles to attract investment
TelOne (Private) Limited is facing significant challenges in securing fresh capital for vital infrastructure expansion projects, as legacy debts inherited from the defunct Posts and Telecommunications...Published: 03 Jul 2025 at 12:29hrs | 128 | 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 | 194 | by Brighton Musonza
Zimbabwe govt under fire over TBs mismanagement
The Zimbabwean government is facing renewed criticism over its handling of Treasury Bills (TBs), amid allegations of corruption, regulatory manipulation, and financial mismanagement that have raised a...Published: 01 Jul 2025 at 08:16hrs | 504 | by Staff reporter
Warrant of arrest for Shawashi Agri boss
A warrant of arrest has been issued against Shawashi Agri Private Limited managing director, Lillian Nyamasoka, after she failed to appear in court to answer to serious fraud allegations involving ove...Published: 30 Jun 2025 at 18:35hrs | 648 | 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 | 2288 | by Staff reporter
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