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Zimbabwe tourism industry bleeds US$40 million in 90 days
Zimbabwe's tourism industry is reeling from a steep downturn after losing nearly US$40 million in potential revenue during the first quarter of 2025, amid a silent but deadly investor exodus and persi...Published: 23 hrs ago | 117 | by Staff reporter
IMF kicks off crucial talks in Zimbabwe
A high-level delegation from the International Monetary Fund (IMF) has begun formal meetings with Zimbabwean authorities, launching a critical mission to assess the country's reform trajectory under t...Published: 05 Jun 2025 at 11:33hrs | 331 | by Staff reporter
Zimbabwe records strong forex surplus
Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...Published: 01 Jun 2025 at 14:35hrs | 161 | by Staff reporter
Cash-hoarding cripples Zimbabwe banking sector
Zimbabwe's banking sector is under immense strain due to a severe liquidity crisis, with billions of dollars being hoarded outside the formal financial system by wealthy individuals. This alarming dev...Published: 29 May 2025 at 13:18hrs | 718 | by Staff reporter
Zimbabwe missing out on mega EU loans - loans have to be paid back
Zimbabwe is missing out on crucial loans from Europe's largest financial institutions, including the European Investment Bank (EIB), due to its unsustainable debt burden, the European Union's ambassad...Published: 26 May 2025 at 08:16hrs | 49 | by Staff reporter
EU urges Zimbabwe firms to come up with bankable projects
The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...Published: 22 May 2025 at 09:40hrs | 95 | by Staff reporter
Armed robbers strike Luveve Sports Bar
What started as a typical night out quickly turned into a harrowing ordeal at a local sports bar in Luveve on the evening of May 14, when armed robbers terrorised patrons and staff.Around 10 P...Published: 20 May 2025 at 10:04hrs | 643 | by Staff reporter
US$43 million Victoria Falls project takes shape
ZIMRE Holdings Limited (ZHL), through its Eagle Real Estate Investment Trust (REIT), has commenced construction of the much-anticipated US$43 million Eagle Heights Mixed-Use Development in Victoria Fa...Published: 20 May 2025 at 09:45hrs | 194 | by Staff reporter
NMBZ finalises US$70m external credit lines
Zimbabwe Stock Exchange-listed financial services group NMBZ Holdings is on the verge of securing external lines of credit worth over US$70 million, as part of its broader strategy to unlock US$100 mi...Published: 19 May 2025 at 09:19hrs | 84 | by Staff reporter
Garwe under fire for alleged land grab benefiting Mnangagwa ally
Local Government Minister Daniel Garwe is once again embroiled in a controversial land seizure scandal, this time accused of stripping residential stands from nearly 100 former Members of Parliament (...Published: 19 May 2025 at 09:15hrs | 311 | by Staff reporter
FBC blames tight policy for choking transaction volumes
Financial services giant FBC Bank has attributed a sharp decline in transaction volumes to the Reserve Bank of Zimbabwe's (RBZ) continued tight monetary policy, which it says has squeezed liquidity an...Published: 16 May 2025 at 09:50hrs | 72 | by Staff reporter
Zimbabwe pavilion captivates global audience at Expo 2025 Osaka
Zimbabwe's participation at Expo 2025 Osaka is drawing global attention, with its vibrant and innovative pavilion standing out in the Commons B zone, a shared space that features 26 countries from Afr...Published: 13 May 2025 at 10:05hrs | 66 | by Staff reporter
Zimbabweans rush into property
Zimbabweans are snapping up properties as a safe-haven against currency uncertainty and the frequent economic policy U-turns that have scared off investors, at a time when a popular hedge - the countr...Published: 11 May 2025 at 16:38hrs | 1689 | by Staff reporter
Zimbabwe ZWG yearly inflation hits 85%
The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...Published: 08 May 2025 at 09:57hrs | 300 | by Staff reporter
Everton Mlalazi returns to Bulawayo
Renowned gospel singer Everton Mlalazi is set to make an emotional return to his hometown of Bulawayo with the launch of the inaugural Ekhaya Worship Festival, scheduled for Africa Day, May 25. The fr...Published: 01 May 2025 at 08:38hrs | 185 | by Staff reporter
EU scraps duty on Zimbabwe exports
In a landmark development for Zimbabwe's trade ambitions, European Union Ambassador to Zimbabwe, Jobst Von Kirchmann, announced that Zimbabwean companies can now export any product to the EU duty-free...Published: 28 Apr 2025 at 12:12hrs | 317 | by Staff reporter
Duty free access into EU for Zimbabwe exports
The European Union (EU) has reaffirmed its commitment to boosting foreign direct investment (FDI) and offering duty-free access to European markets for Zimbabwean products, EU Ambassador to Zimbabwe, ...Published: 25 Apr 2025 at 07:29hrs | 141 | by Staff reporter
Zimbabwe unveils fund to support value chains
The Government of Zimbabwe has launched the Industrial Development Fund (IDF) to support the strengthening of domestic value chains, promote industrial growth, and increase the export of value-added g...Published: 24 Apr 2025 at 07:20hrs | 38 | by Staff reporter
CABS renews US$40m facility to support the Zimbabwe economy
The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...Published: 21 Apr 2025 at 09:03hrs | 271 | by Staff reporter
Banks smile all the way to the bank, while depositors bear cost of high fees
Shareholders in Zimbabwe's banking sector are enjoying robust returns on their investments, as banks continue to post strong profits and declare sizeable dividends. However, concerns are mounting amon...Published: 13 Apr 2025 at 09:46hrs | 635 | 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
Awa Khiwe: Breaking barriers and reclaiming Ndebele Hip-hop identity
Awa Khiwe, born Awakhiwe Sibanda in Nkayi, Zimbabwe, has rapidly become one of the most influential female rappers in the country. Her rise in the music industry is not just a story of raw talent and ...Published: 12 Apr 2025 at 13:02hrs | 82 | by Staff reporter
New Smart Market brings convenience to Mbare Musika traders
Harare's iconic Mbare Musika has undergone a major transformation with the opening of a state-of-the-art Smart Market, a modern trading facility designed to improve hygiene, security, and convenience ...Published: 09 Apr 2025 at 12:17hrs | 684 | by Ndou Paul
Zimbabwean banks face backlash over excessive charges
Zimbabwe's banking sector is celebrating strong financial results, with shareholders across financial institutions enjoying substantial dividend payouts following another profitable year. However, the...Published: 06 Apr 2025 at 11:26hrs | 376 | by Staff reporter
Wutawunashe calls for prayers for Geza
The founder and leader of the Family of God Church (FOG), Bishop Andrew Wutawunashe, has urged his church members to pray for outspoken war veteran Blessed Runesu 'Bombshell' Geza, amid rising tension...Published: 31 Mar 2025 at 09:13hrs | 1010 | by Staff reporter
Zimbabwe's Silent Struggle: A Nation on the brink but too fearful to rise
Zimbabwe is a nation in crisis, and the time for silence has passed. Power cuts are routine, water supplies are unreliable, and roads are riddled with potholes. The healthcare system has collapsed, wi...Published: 19 Mar 2025 at 21:22hrs | 1442 | by Vusani Magwala
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 | 78 | by Dr Bekithemba Mpofu
Fuel price hike expected this month
In March 2025, Zimbabwean consumers will see a slight increase in petrol prices, with the price per litre rising to US$1.54 from US$1.53 in February. On the other hand, diesel prices have experienced ...Published: 07 Mar 2025 at 10:38hrs | 641 | by Staff reporter
Nedbank reaffirms commitment to Zimbabwe as an investment destination
Nedbank Group has reiterated that Zimbabwe remains an attractive destination for foreign direct investment and pledged continued support for key sectors of the economy to drive growth.Dr. Tere...Published: 07 Mar 2025 at 06:55hrs | 110 | 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 | 3403 | by Staff reporter
Zimbabwe central bank urges banks to increase ZiG lending
With the Zimbabwe Gold (ZiG) currency now largely stable, the Reserve Bank of Zimbabwe (RBZ) has urged banks to increase lending in ZiG, assuring financial institutions that the risk of depreciation h...Published: 01 Mar 2025 at 08:56hrs | 205 | by Staff reporter
Own your time: How TimeCamp's desktop timer app supercharges productivity
In today's fast-paced work environment, time is the currency that powers both success and sanity - business owners need it to steer their companies toward growth, while employees rely on it to bal...Published: 26 Feb 2025 at 07:09hrs | 755 | by Staff Reporter
Zimbabwe govt moves to directly procure fuel
The Zimbabwean government intends to directly procure fuel for its own use and key economic sectors to lower costs and enhance competitiveness, Energy and Power Development Minister July Moyo has anno...Published: 22 Feb 2025 at 09:23hrs | 861 | by Staff reporter
RBZ predicts inflation to trend down in 2025
The Reserve Bank of Zimbabwe (RBZ) is optimistic about continued inflation moderation, forecasting the monthly inflation rate to average 3% or less in 2025. The central bank expects the annual inflati...Published: 10 Feb 2025 at 06:31hrs | 186 | by Staff reporter
Dembare signs Evans Gwekwerere's son
Dynamos Football Club has bolstered their squad with the signing of 18-year-old forward Ephraim Gwekwerere, the son of their former star striker Evans Gwekwerere. The young attacker joins the Glamour ...Published: 09 Feb 2025 at 19:26hrs | 619 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 175 | by Staff reporter
Zimbabwean Professor breaks new ground in music
Zimbabwean medical doctor and haematology expert Professor Zivanai Cuthbert Chapanduka is making waves in South Africa's music scene, gaining recognition under his musical moniker, Prof Daddy or Groov...Published: 24 Jan 2025 at 08:06hrs | 710 | by Staff reporter
From Local Star to National Icon: Former Skyz Metro FM personality Khaya Moyo's thrilling radio comeback via ZiFM Stereo
Zimbabwean airwaves are set to sizzle as Khaya Moyo, the former Skyz Metro FM sensation, returns with a bang, joining ZiFM Stereo for an exciting new chapter in her illustrious radio career. Starting ...Published: 12 Jan 2025 at 12:05hrs | 634 | by George Tshuma
RBZ unveils another 'looting scheme'
The Reserve Bank of Zimbabwe (RBZ) has introduced the Targeted Finance Facility (TFF) with an aim to provide affordable credit to key productive sectors such as agriculture, manufacturing, and mining....Published: 11 Jan 2025 at 08:20hrs | 1181 | by Staff reporter
The rise of online entertainment: How slots are becoming a global phenomenon
In recent years, online entertainment has undergone a significant transformation. One area experiencing explosive growth is online gaming, particularly online slots. This evolution has redefined how p...Published: 19 Dec 2024 at 16:40hrs | 119 | by Staff Reporter
Stanbic named best ovderall bank 2024
Harare, 17 December 2024 - Stanbic Bank Zimbabwe has been named the overall best performing bank at the Banks and Banking Survey Awards 2024 sponsored by First Capital Bank. Stanbic Bank has n...Published: 17 Dec 2024 at 09:15hrs | 468 | by Agencies
'Refrain from farming on Wednesdays and honour cultural customs'
Traditionalists have called on citizens to embrace cultural farming practices to mitigate the effects of the ongoing heatwave, which has severely impacted crops and livestock in parts of the country....Published: 09 Dec 2024 at 17:59hrs | 525 | by Staff reporter
Mphoko died in India
The repatriation of the body of the late national hero, Report Phelekezela Mphoko, has officially commenced, with the Zimbabwean Government confirming that it is taking all necessary steps to ensure t...Published: 08 Dec 2024 at 09:52hrs | 441 | by Staff reporter
8 file papers for Zifa presidency, Prophet Magaya missing
At least eight candidates have thrown their hats into the ring for the Zimbabwe Football Association (ZIFA) presidency, with nominations set to close this Wednesday. The much-anticipated elections wil...Published: 08 Dec 2024 at 09:28hrs | 2969 | by Staff reporter
'Loan shark' seizes vehicle over US$60 debt
Isaac Matinyarare, an alleged illegal money lender from Chiredzi, is accused of forcibly confiscating a silver Nissan Sulphy Bluebird from Phillip Mafuta over a disputed US$60 debt. Mafuta told The Mi...Published: 06 Dec 2024 at 13:07hrs | 320 | by Staff reporter
Zimbabwe fuel retailers urged to renew licences
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a reminder to businesses selling fuel and liquid petroleum gas to ensure their licences are renewed on time, emphasizing that those with lice...Published: 06 Dec 2024 at 06:29hrs | 260 | by Staff reporter
NetOne Launches Festive 'Recharge and Win Christmas Promotion'
Leading telecommunications service provider NetOne has unveiled the 'NetOne Recharge and Win Christmas Promotion', blending festive cheer with loyalty rewards to delight its customers this holiday sea...Published: 04 Dec 2024 at 06:41hrs | 82 | by Staff reporter
Zimbabwe's fuel black market returns
Illegal fuel dealers have re-emerged on the streets of Bulawayo, selling smuggled petrol and diesel in defiance of government regulations mandating ethanol blending. The illicit traders claim their fu...Published: 30 Nov 2024 at 12:57hrs | 6263 | by Staff reporter
ZERA enforces ethanol blending mandate amidst controversy
The Zimbabwe Energy Regulatory Authority (ZERA) has reaffirmed its directive for full compliance with Statutory Instrument 150 of 2024, which mandates the blending of anhydrous ethanol with unleaded p...Published: 26 Nov 2024 at 14:16hrs | 1918 | by Staff reporter
Bulawayo Sneaker Expo: A celebration of authentic fashion and street culture
The Bulawayo Sneaker Expo, taking place today at the ZITF Pavilion, is set to be more than just an exhibition of footwear. Organisers have highlighted that the event serves as a platform for a wider c...Published: 23 Nov 2024 at 12:58hrs | 152 | by Staff reporter
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