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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 | 485 | by Marilyn Mutize
Mnangagwa, Hichilema come face to face
President Emmerson Mnangagwa and his Zambian counterpart Hakainde Hichilema had an uneasy public interaction in Addis Ababa, Ethiopia, yesterday, as their strained diplomatic relations played out duri...Published: 16 Feb 2025 at 16:47hrs | 3808 | by Staff reporter
Zimbabwe's bullion-backed ZiG is missing out on gold's record run
Zimbabwe's bullion-backed currency is missing out on an impressive gold rally, because of a liquidity squeeze that's choking the economy and difficulties in exchanging the unit for dollars.Sin...Published: 14 Feb 2025 at 08:40hrs | 431 | by Staff reporter
Zimbabwe isn't yet ready for a sole currency, finance chief says
Zimbabwe's Finance Minister Mthuli Ncube said the southern African nation needs to regain access to credit lines before it can adopt the ZiG as its sole currency."We need a few things in place...Published: 12 Feb 2025 at 15:00hrs | 404 | 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 | 204 | by Staff reporter
South Africans kiss Pick n Pay stores goodbye
South Africa's Pick n Pay retailer is facing mounting challenges as it continues to shut down both company-owned and franchise stores across the country, with many South Africans bidding farewell to t...Published: 11 Feb 2025 at 10:05hrs | 6409 | by Staff reporter
Concerns over RBZ's reduction of forex retention for horticulture exporters
The Horticultural Development Council (HDC) has expressed concerns about the Reserve Bank of Zimbabwe's (RBZ) recent decision to lower the foreign currency retention threshold for exporters from 75% t...Published: 10 Feb 2025 at 09:41hrs | 228 | by Staff reporter
Mukuru advocates for cashless economy
The logistics of handling cash in Zimbabwe present significant obstacles, but Doug Tait-Knight, the Chief Executive Officer of Mukuru Zimbabwe Financial Services, believes that embracing digital payme...Published: 09 Feb 2025 at 11:30hrs | 1430 | by Staff reporter
Zimbabwe's Econet Wireless suffers major data breach
Econet Wireless Zimbabwe, the nation's largest mobile network operator, has fallen victim to a significant data breach, potentially exposing personal information of 852,791 customers. The incident, un...Published: 07 Feb 2025 at 20:12hrs | 7208 | by Staff reporter
Bard Santner growing in leaps and bounds
Fast-growing asset management firm Bard Santner Investors (Private) Limited has been appointed as the new fund manager for three unit trusts: Tetrad Gold Fund, Gross Income Fund, and Net Income Fund, ...Published: 06 Feb 2025 at 14:39hrs | 141 | by Staff reporter
Shunned by the West, Zimbabwe's UAE gamble hands economy a lifeline
Zimbabwean President Emmerson Mnangagwa's six years of wooing the United Arab Emirates has given a lifeline to a nation that the West has ostracised for a quarter century and is unable to repay its lo...Published: 06 Feb 2025 at 09:12hrs | 1307 | by Staff reporter
Will SA become the next Zimbabwe with Expropriation Act?
The signing of the Expropriation Act into law has been one of the most topical subjects of 2025 so far, with the recently elected US President Donald Trump taking aim at the law on Monday, sending the...Published: 06 Feb 2025 at 09:08hrs | 752 | by Staff reporter
Modern homes for old Gwanda Road displaced families
The reconstruction of the 120km Old Gwanda Road in Matabeleland South has begun, bringing significant benefits to the region while also necessitating the relocation of 42 families. The project, valued...Published: 06 Feb 2025 at 07:35hrs | 369 | by Staff reporter
Zimbabwe's seed certification scheme to be reviewed
Zimbabwe's agriculture sector is set for a significant overhaul as stakeholders organize a write shop aimed at realigning and updating the country's Seed Certification Scheme. This initiative, part of...Published: 05 Feb 2025 at 13:55hrs | 162 | 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 | 1014 | by Tendai Ruben Mbofana
Zimbabwe's retail sector crisis worsens as shops continue closing
Zimbabwe's retail sector is facing an unprecedented crisis, with several major retailers and wholesalers forced to close branches amid a series of economic challenges. This Thursday, President Emmerso...Published: 01 Feb 2025 at 08:57hrs | 2018 | by Staff reporter
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 | 551 | by Staff reporter
Varun Beverages brings PepsiCo snacks to Zimbabwe
Varun Beverages Limited will start distributing PepsiCo snacks in Zimbabwe and Zambia from next week, with plans to begin local manufacturing when its production plant comes online in October this yea...Published: 31 Jan 2025 at 07:26hrs | 369 | by Staff reporter
Emerging markets opening up away from the UK as regulations continue to hit the casino industry
When an entertainment avenue enjoys such a meteoric rise into the limelight, it can be easy to be swept along with the success of it. For the iGaming industry, the past years have proved extremely fru...Published: 30 Jan 2025 at 21:21hrs | 30 | by Staff reporter
Betting Shops vs Betting Apps: Which Is Better in 2025?
We've all been there - standing in line at a betting shop, feeling the energy of the crowd, the buzz in the air. But then you think, "Isn't it easier to just ...Published: 30 Jan 2025 at 21:20hrs | 93 | by Staff reporter
ZIMRA warned against intensified anti-smuggling campaign
Experts in the retail sector have called for caution in the government's ongoing anti-smuggling campaign, warning that its current trajectory may lead to sharp increases in the prices of basic commodi...Published: 28 Jan 2025 at 07:07hrs | 1447 | by Staff reporter
Harare retail outlets resemble deserted ruins after war on smuggling
Retail outlets across Harare are increasingly resembling deserted ruins, offering a stark reflection of Zimbabwe's worsening economic conditions. As the country grapples with ongoing economic shocks, ...Published: 28 Jan 2025 at 07:06hrs | 1077 | by Staff reporter
Zimbabwe lifts ban on cloven-hoofed animal imports from South Africa
The Red Meat Producers' Organisation (RPO) and Agricultural Business Chamber of South Africa (Agbiz) have welcomed Zimbabwe's recent move to lift the ban on the importation of cloven-hoofed animals an...Published: 20 Jan 2025 at 10:23hrs | 212 | by Staff reporter
Buy Zimbabwe raises concerns over retail sector challenges
Buy Zimbabwe has raised concerns about the challenges facing the retail sector, stating that these obstacles are hindering efforts to promote locally-produced goods.Over the past few weeks, ma...Published: 20 Jan 2025 at 10:17hrs | 83 | by Staff reporter
Experts reveal real causes of retail giants woes
Industry experts have emphasized that Zimbabwe's retail giants, including OK Zimbabwe, are not struggling because of the government's ongoing anti-smuggling crackdown, but due to their over-reliance o...Published: 18 Jan 2025 at 18:33hrs | 2202 | by George Tshuma
Zimbabwe's tobacco export earnings reach US$1.3 billion in 2024
Zimbabwe's tobacco export earnings reached US$1.3 billion in 2024, a notable increase from US$1.23 billion in 2023, marking the second consecutive year that earnings have surpassed the US$1 billion ma...Published: 16 Jan 2025 at 07:12hrs | 192 | by Staff reporter
South Africa border authorities intercept R500k Zimbabwe-bound contraband
South African border authorities thwarted a major smuggling operation on Saturday, intercepting goods valued at approximately R500,000 being transported into Zimbabwe via the swollen Limpopo River on ...Published: 13 Jan 2025 at 17:34hrs | 1256 | by Staff reporter
Different Types of Forex Brokers
Different Types of Forex Brokers The foreign exchange market is a global, decentralized marketplace where currencies are traded. This i...Published: 09 Jan 2025 at 16:16hrs | 427 | by Staff Reporter
Zimbabwe's food crisis set to worsen
Zimbabwe is grappling with worsening food shortages as more than half the population faces hunger due to delayed rains and the ongoing effects of drought. The situation is expected to persist during t...Published: 05 Jan 2025 at 14:39hrs | 1105 | by Staff reporter
Zimbabwe farmers urged to tap into China's fruit import market
Trade promotion agency ZimTrade is encouraging Zimbabwean farmers to seize the opportunity presented by China's growing fruit import market, which could generate much-needed foreign currency for the c...Published: 31 Dec 2024 at 13:57hrs | 242 | by Staff reporter
Zimbabwe intensify crackdown on smuggling
Zimbabwe is intensifying its efforts to combat smuggling along its border with South Africa, in response to significant revenue losses reported due to syndicates operating in the area. The national an...Published: 31 Dec 2024 at 13:39hrs | 77 | by Staff reporter
85 000 Chinese nationals now living in Zimbabwe
I was astonished to hear the other day that there are now over 85 000 Chinese nationals living in Zimbabwe. I questioned this estimate and was told no, its real. What on earth are they doing here? The...Published: 30 Dec 2024 at 19:15hrs | 888 | by Eddie Cross
ZANU-PF has destroyed Zimbabweans' ability to dream big
If anyone wants to understand the depths to which the ZANU-PF government has destroyed the lives of ordinary Zimbabweans, they only need to watch the state-controlled broadcaster, the Zimbabwe Broadca...Published: 30 Dec 2024 at 11:53hrs | 449 | by Tendai Ruben Mbofana
5 Reasons to Choose Melbet in Zambia
Online betting is rapidly gaining popularity in Zambia, attracting more players thanks to its convenience and vast opportunities for entertainment and winnings. Among the many platforms available, Mel...Published: 26 Dec 2024 at 10:48hrs | 380 | by Staff Reporter
Why Zimbabweans keep watching their money go up in smoke
It was 10 p.m. when a frantic pounding on Modester Nyangoni's door dragged her out of a deep sleep.That hot October day, she had been on her feet manning her stall at the largest market in Zim...Published: 25 Dec 2024 at 08:24hrs | 3079 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 171 | by Staff reporter
Grain supplies exceed 38.9 %
The Grain Millers Association of Zimbabwe (GMAZ) has managed to exceedingly meet demand by 38,9 percent this festive season.In a statement, GMAZ chairperson, Dr Tafadzwa Musarara said the mill...Published: 23 Dec 2024 at 11:17hrs | 761 | by Simbarashe Sithole
Festive Crackdown or Festive Crisis? How Mthuli Ncube's Policies Punish the Poor
The Zimbabwean government, under the stewardship of Finance Minister Mthuli Ncube, has launched a door-to-door crackdown to confiscate smuggled goods. This initiative, introduced during the festive se...Published: 20 Dec 2024 at 10:09hrs | 154 | by Kindred Sibanda
Government launches door-to-door blitz on smuggled goods
The Government of Zimbabwe has launched an extensive door-to-door crackdown aimed at confiscating smuggled goods, which have become a growing problem, especially during the festive season. This operat...Published: 19 Dec 2024 at 16:45hrs | 701 | 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 | 95 | by Staff Reporter
1Win App Review for Players in Uganda
You can easily download the 1Win app from the company's official website to your Android or iOS device. The app has low technical requirements, so almost anyone in Uganda will be able to use it. It is...Published: 19 Dec 2024 at 12:55hrs | 98 | by Staff Reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 1048 | by Innocent Mujeri
Siqokoqela snubs Mphoko's burial
Siqokoqela Mphoko, the son of the late former Vice President Phelekezela Mphoko, was conspicuously absent from his father's burial at the family's Douglasdale plot in Bulawayo yesterday. His absence c...Published: 17 Dec 2024 at 04:39hrs | 2028 | by Staff reporter
Minister Raj Modi's liquor outlet closed amid smuggling clampdown
The Zimbabwean government has shut down a liquor outlet owned by Deputy Minister of Industry and Commerce, Raj Modi, in Bulawayo as part of a nationwide operation targeting smuggled goods. The closure...Published: 16 Dec 2024 at 15:20hrs | 2133 | by Staff reporter
Marula Mining ceases Zimbabwe operations
Marula Mining PLC, an investment and development company focused on African mining opportunities, has officially announced that it will cease exploration and project acquisition activities in Zimbabwe...Published: 16 Dec 2024 at 13:55hrs | 2113 | by Staff reporter
Zimbabwe may surpass 2024 gold production target
Zimbabwe's gold mining sector has witnessed remarkable growth over the past decade, with production nearly doubling since 2015. The country is now on track to surpass its 35-tonne gold production targ...Published: 15 Dec 2024 at 09:09hrs | 380 | by Staff reporter
Harnessing the Zimbabwe diaspora for economic, social development
ZIMBABWE'S diaspora, estimated to exceed five million people, constitutes about 30% of the country's population.This global community represents a powerful resource with the potential to trans...Published: 14 Dec 2024 at 21:08hrs | 367 | by Constantine Chikosi
Bulawayo and Atlanta explore new strategic partnerships
Senator David Coltart, the Mayor of Bulawayo, held a pivotal meeting on Thursday with Nicholas Mulkey from the United State's Atlanta Mayor's Office of International and Immigrant Affairs. Mulkey is c...Published: 14 Dec 2024 at 13:46hrs | 336 | by Staff reporter
More trouble for Zimbabwe as Trump makes return
The incoming administration of Donald Trump in the United States has sparked significant interest across Africa, as analysts speculate on how his second presidency will affect the continent's security...Published: 14 Dec 2024 at 12:34hrs | 803 | by Staff reporter
Zimbabwe's GDP takes US$12bn knock
Zimbabwe's gross domestic product (GDP) has sharply fallen to US$35 billion in November, a staggering 25% decline from US$47 billion in April. The sharp contraction highlights the dire economic challe...Published: 14 Dec 2024 at 10:35hrs | 193 | by Staff reporter
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