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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: 20 hrs ago | 553 | by Staff reporter
NSSA chairman embroiled in underhand Rainbow Tourism Group takeover bid
NATIONAL Social Security Authority (Nssa) chairman Emmanuel Fundira, who is former chairman of African Sun Limited, and an ex-Rainbow Tourism Group (RTG) senior executive Paula January are accused of ...Published: 18 Feb 2025 at 20:01hrs | 1332 | by NewsHawks
Zimbabwwe to host Benin in South Africa
The Zimbabwe national football team, the Warriors, will play their 2026 FIFA World Cup home qualifier against Benin at the Moses Mabhida Stadium in Durban, South Africa, on March 20.Zimbabwe r...Published: 18 Feb 2025 at 03:29hrs | 159 | by Staff reporter
World Bank implores Zimbabwe to maintain tight money supply
The World Bank has urged Zimbabwe to maintain its tight monetary policy stance and resist spending pressures to control inflation and ensure lasting exchange rate stability.Inflation in Zimbab...Published: 17 Feb 2025 at 09:00hrs | 250 | by Staff reporter
US$8m Belarus proposal divides Bulawayo councillors
A proposal by the Bulawayo City Council (BCC) to procure vehicles and equipment from Belarus for US$7.5 million has ignited divisions within Zimbabwe's second-largest city. Official documents released...Published: 14 Feb 2025 at 12:57hrs | 1172 | by Staff reporter
Geza accusing Nyabadza of deceit, trial stalls
Former Agricultural and Rural Development Authority (Arda) boss Basil Nyabadza delayed the start of his trial on Thursday, where he is accused of defrauding Zanu-PF central committee member and outspo...Published: 14 Feb 2025 at 11:54hrs | 2453 | 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
Bulawayo residents urged to reject water privatisation
The Matabeleland Institute for Human Rights (MIHR) has called on Bulawayo residents to oppose government plans to privatise water services in the city. The move has raised concerns among critics who f...Published: 14 Feb 2025 at 06:21hrs | 416 | 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 | 184 | by Staff reporter
Zimbabwe's gold reserves dwarfed by regional counterparts
Zimbabwe's gold reserves stood at 85,842.38 ounces (2.67 tonnes) as of December 31, 2024, valued at $223.8 million, according to an audit by BDO. The figures, based on international market prices, ref...Published: 13 Feb 2025 at 12:21hrs | 402 | by Staff reporter
Zimbabwe vendors required to use POS machines
The Government has introduced a directive requiring all vendors to use Point of Sale (POS) machines and open bank accounts as part of their registration process. This initiative, implemented in collab...Published: 13 Feb 2025 at 06:30hrs | 391 | 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 gold coins sell for record $3,000 as bullion surges
Zimbabwe's gold coins sold above $3 000 for the first time since they were introduced almost three years ago as the price of bullion surged.The 22-carat "Mosi-Oa-Tunya" gold coins, named after...Published: 12 Feb 2025 at 06:39hrs | 733 | 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 | 202 | by Staff reporter
Haulin Quarry Mine boosts Bulawayo's construction sector with competitive prices
Bulawayo's business community has lauded Haulin Quarry Mine, located in Pumula North, for its competitive pricing in building materials, which has significantly impacted the region's construction sect...Published: 11 Feb 2025 at 11:05hrs | 790 | by Mandla Ndlovu
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 | 6407 | by Staff reporter
Geza embroiled in fraud and intimidation scandal
Controversial war veteran, Blessed Geza, finds himself at the center of a fraud, perjury, and corruption scandal after failing to pay US$1,250,000 for a piece of land in Harare. Geza, who is embroiled...Published: 11 Feb 2025 at 06:41hrs | 1769 | by Staff reporter
I'm not prepared to continue suffering until 2030!
Zimbabwe, under President Emmerson Mnangagwa, has sank deeper into poverty.Granted, when President Emmerson Mnangagwa took power in November 2017 through a military coup, Zimbabwe was already ...Published: 10 Feb 2025 at 22:56hrs | 1154 | by Tendai Ruben Mbofana
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
Zimbabwe govt launches one-stop centre for title deed issuance
The Government has established a one-stop centre to expedite the issuance of title deeds for landholders, streamlining the process and enhancing land tenure security and productivity in Zimbabwe....Published: 10 Feb 2025 at 06:36hrs | 439 | 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 | 171 | by Staff reporter
Liverpool quadruple dream crambles after Plymouth Argyle shock
Plymouth Argyle produced a classic FA Cup giant-killing as the Championship's bottom club stunned Premier League leaders Liverpool at a raucous Home Park.Liverpool manager Arne Slot made 10 ch...Published: 09 Feb 2025 at 17:25hrs | 440 | by Staff reporter
Afrikaners reject Trump's US refuge offer
Afrikaner interest group AfriForum and trade union Solidarity have publicly rejected US President Donald Trump's offer to prioritize white Afrikaners as refugees in the United States, declaring their ...Published: 08 Feb 2025 at 19:14hrs | 1422 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 182 | by Staff reporter
Zimbabwe raises savings rates, cuts POS charges
The Reserve Bank of Zimbabwe (RBZ) has introduced a series of bold monetary policy measures aimed at promoting the use of the Zimbabwe Gold (ZiG) currency and enhancing economic stability. These measu...Published: 07 Feb 2025 at 06:35hrs | 391 | by Staff reporter
Masvingo council to spend $16,900 on Samsung phones
Masvingo City Council is facing public scrutiny after announcing plans to spend $16,900 on 13 Samsung S24 Ultra phones for its councillors, citing the need to improve communication. The decision comes...Published: 06 Feb 2025 at 16:23hrs | 556 | by Staff reporter
Zimbabwe's retail sector faces crisis
Zimbabwe's retail sector is in crisis, with more than 1,000 jobs lost so far this year due to an escalating economic downturn, as several key players signal their intention to exit the market. Regiona...Published: 06 Feb 2025 at 09:11hrs | 1437 | by Staff reporter
Disappointing amacimbi harvest to affect prices
Villagers in Bulilima District, Matebeleland South Province, a key hotspot for the harvesting of mopane worms (amacimbi), are facing a disappointing harvest this season, despite receiving good rainfal...Published: 05 Feb 2025 at 11:50hrs | 132 | by Staff reporter
Rampant cable theft threatens lives at Mpilo Central hospital
Rampant theft and vandalism of electricity cables supplying power to Mpilo Central Hospital in Bulawayo have raised serious concerns, putting patients' lives at risk and placing immense strain on the ...Published: 05 Feb 2025 at 11:49hrs | 53 | by Staff reporter
Zimbabwe central bank widens blitz on defiant business
The Reserve Bank of Zimbabwe (RBZ) has announced an expanded blitz targeting businesses across the country that are refusing to comply with government directives on the use of the multicurrency system...Published: 05 Feb 2025 at 11:42hrs | 350 | by Staff reporter
Professor Mthuli Ncube donates four tonnes of mealie-meal
The Minister of Finance, Economic Development, and Investment Promotion, Professor Mthuli Ncube, has donated four tonnes of mealie-meal to two care homes in Bulawayo as part of his continued efforts t...Published: 04 Feb 2025 at 16:50hrs | 227 | 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
Zimbabwe's inflation surges to 11.6% in January 2025
Zimbabwe's weighted month-on-month inflation rate surged by 10.5 percentage points in January 2025, reaching 11.6 percent from 1.1 percent in December 2024, according to figures released by the Zimbab...Published: 30 Jan 2025 at 06:38hrs | 97 | by Staff reporter
Zimbabwe inflation rises sharply in January
Zimbabwe's inflation rate rose sharply in January in both U.S. dollar and local currency terms, spurred by food and housing prices.In dollar terms inflation accelerated to 14.6% year on year a...Published: 28 Jan 2025 at 21:53hrs | 1336 | 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's retail sector faces collapse
The Confederation of Zimbabwe Retailers (CZR) has expressed grave concerns over the critical state of the country's formal retail and wholesale sector, following the closure of key retail outlets and ...Published: 27 Jan 2025 at 08:16hrs | 381 | by Staff reporter
Hospital stuck with a broken, archaic machine donated by Zanu-PF senator
Gutu Mission, the only referral hospital in Gutu District, is grappling with a broken and outdated anaesthetic machine donated by Zanu PF Senator Lovemore Matuke during his 2023 election campaign. The...Published: 25 Jan 2025 at 16:00hrs | 912 | by Staff reporter
Chamisa says Mnangagwa must stop 2030
Zimbabwe's former opposition leader Nelson Chamisa says President Emmerson Mnangagwa must stop his 2030 plan to extend his rule beyond his 2028 second-term constitutional limit while subverting the co...Published: 18 Jan 2025 at 06:50hrs | 1181 | by Staff reportetr
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
The dangers of colonial nostalgia and Amnesia
The legacy of colonialism remains a stain on our society - something that cannot be whitewashed. It remains a source of trauma - a source of collective pain. Four decades after independence, its...Published: 15 Jan 2025 at 11:21hrs | 441 | by Innocent Mpoki
SA in record-high grain exports to Zimbabwe
The Port of Durban is currently receiving a shipment of imported white maize, marking the first import of the grain since March 2017 when South Africa was grappling with a severe drought.The A...Published: 15 Jan 2025 at 06:44hrs | 659 | by Staff reporter
'Zimbabwe economy heads for a bloodbath'
Former Finance Minister Tendai Biti has issued a stark warning of a potential economic bloodbath if Zimbabwe does not liberalize its exchange rate and inject liquidity into the economy. His concerns c...Published: 14 Jan 2025 at 14:16hrs | 921 | by Staff reporter
A battery of corruption: ZESA's dubious energy storage deal
The quest for energy solutions in Zimbabwe has often been marred by corruption, incompetence, and misplaced priorities, and the latest developments at ZESA Holdings follow this all-too-familiar script...Published: 12 Jan 2025 at 23:07hrs | 511 | by Tendai Ruben Mbofana
Govt warns schools against manipulating exchange rates
As Zimbabwean schools prepare to open for the first term this Tuesday, the Government has issued a stern warning to schools engaging in fraudulent foreign exchange practices. Reports have surfaced of ...Published: 12 Jan 2025 at 11:58hrs | 462 | by Staff reporter
Zimbabwe gold reserves rise to $533 million
Zimbabwe's reserves backing the Zimbabwe Gold (ZiG) currency, including foreign currency and gold, have surged to US$533 million following a directive by President Emmerson Mnangagwa requiring 50% of ...Published: 12 Jan 2025 at 11:55hrs | 142 | by Staff reporter
Parents feel financial strain as back-to-school costs soar
With the new school term set to begin next Tuesday, parents and guardians are grappling with rising costs for uniforms and stationery, turning the annual back-to-school preparations into a financial c...Published: 11 Jan 2025 at 08:23hrs | 49 | by Staff reporter
Zimbabwe prophet launches 'miracle' card he claims heals and exorcises evil spirits
Prophetic Healing and Deliverance (PHD) Ministries leader, Prophet Walter Magaya, has introduced a card he claims holds the power to heal and deliver those who use it. Magaya, a figure known for his b...Published: 10 Jan 2025 at 12:11hrs | 974 | by Staff reporter
Zimbabwe scraps VAT on LPG, prices fall 10%
Zimbabwe's push for sustainable energy solutions has received a significant boost following the government's removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG), a move that has led to a...Published: 10 Jan 2025 at 12:06hrs | 768 | 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 | 426 | by Staff Reporter
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