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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: 15 hrs ago | 452 | by Staff reporter
Madzibaba appeals for prayers amid health struggles
Sungura music legend Nicholas "Madzibaba" Zakaria has appealed to Zimbabweans to pray for him as he battles serious health challenges, sparking concern and an outpouring of support from fans and fello...Published: 16 hrs ago | 151 | by Staff reporter
CEO seriously injured in fatal road accident
Makoni Rural District Council (RDC) Chief Executive Officer (CEO) Edmore Chidembo was seriously injured in a fatal road accident along the Chivhu–Nyazura Road last Thursday night. The accident claim...Published: 16 Jul 2025 at 13:12hrs | 1192 | by Staff reporter
Bulawayo man in court for stealing TV, selling it on WhatsApp
A 31-year-old man from Njube suburb appeared in court facing charges of unlawful entry and theft after allegedly breaking into a house in Entumbane suburb and stealing a 43-inch p...Published: 15 Jul 2025 at 21:53hrs | 423 | by Staff reporter
Horror Crash Rocks FC Platinum
FC Platinum's midfield workhorse, Oscar "Horror" Bhebhe, was rushed to hospital on Monday morning after being involved in a car accident that left him with a broken arm.Details surrounding the...Published: 15 Jul 2025 at 08:32hrs | 1200 | by Staff reporter
Zimbabwe gold makes currency history
Welcome Mavingire, managing consultant at INTELLEGO Investment Consultants, has hailed the Zimbabwe Gold (ZiG) currency's recent stability as the longest sustained period for a domestic currency in th...Published: 14 Jul 2025 at 08:10hrs | 724 | 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 | 222 | by Staff reporter
Mutapa to shake-up State firms
Mutapa Fund Plots Major Shake-Up of State-Owned Enterprises to Enforce Governance and ProfitabilityZimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out swe...Published: 13 Jul 2025 at 16:12hrs | 653 | by Staff reporter
Gwanda, St Luke's hospitals still lack capacity to handle mental patients
A recent parliamentary investigation into youth empowerment, development, vocational training, and the state of drug and substance abuse treatment in Zimbabwe has exposed a severe shortage of rehabili...Published: 13 Jul 2025 at 11:42hrs | 109 | by Staff reporter
State diamond firm lays off hundreds to avoid collapse
Zimbabwe's state-controlled diamond miner, the Zimbabwe Consolidated Diamond Company (ZCDC), has launched a major retrenchment exercise in a desperate bid to stave off collapse, following a brutal cra...Published: 13 Jul 2025 at 11:08hrs | 132 | by Staff reporter
Trabablas Interchange scandal deepens
The cost of constructing the controversial Trabablas Traffic Interchange in Harare has surged to US$114 million, sparking a storm in Parliament amid growing concerns over fiscal transparency and poten...Published: 10 Jul 2025 at 21:10hrs | 1275 | 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 | 174 | by Staff reporter
Govt tasks ARDA to deliver 850 000t grain annually
The Government of Zimbabwe has officially restructured the Agricultural and Rural Development Authority (ARDA), assigning it a pivotal role as the country's main food security agency. ARDA is now mand...Published: 09 Jul 2025 at 08:04hrs | 147 | by Staff reporter
Zimbabwean consumers failing to secure loans from banks
Zimbabwean consumers are facing increasing difficulties in accessing loans from traditional banking institutions due to low wages and the escalating cost of living, according to the IH Zimbabwe Consum...Published: 08 Jul 2025 at 12:10hrs | 196 | by Staff reporter
Zimbabwe women's bank opens 11 000 accounts in 2024
The Zimbabwe Women Microfinance Bank (ZWMB) opened 11,120 new savings accounts in 2024 as part of the Government's ongoing push to promote financial inclusion and empower marginalized groups - particu...Published: 08 Jul 2025 at 09:52hrs | 81 | by Staff reporter
MP raises alarm over Kwekwe Council's 'exorbitant' rates
Member of Parliament for Mbizo Constituency, Corban Madzivanyika, has raised alarm over what he described as exorbitant municipal rates being charged by Kwekwe City Council, saying the current billing...Published: 07 Jul 2025 at 11:36hrs | 132 | by Staff reporter
Zimbabwean consumer sector poised for improvement
An uplift in volumes has been projected for Zimbabwean consumer companies despite rising cost structures, a volatile policy and monetary environment as well as higher taxation, say analysts at IH Secu...Published: 07 Jul 2025 at 08:57hrs | 119 | by Staff reporter
Gambling is devouring Zimbabwe's youth faster than drugs
Zimbabwe is witnessing a disturbing surge in gambling addiction, a crisis that is fast becoming as destructive as the country's long-running drug epidemic. The explosion of betting, particularly among...Published: 07 Jul 2025 at 08:42hrs | 269 | by Staff reporter
'Zimbabwe losing billions in tax revenue to informal sector'
Zimbabwe is losing between US$7.5 billion and US$8 billion in potential tax revenue every year due to the dominance of its informal sector, according to new estimates by the African Development Bank (...Published: 04 Jul 2025 at 14:22hrs | 205 | by Staff reporter
Air Zimbabwe pays $1mn to rejoin GDSs
Air Zimbabwe has settled more than US$1 million in outstanding debts to key international service providers, a development that paves the way for its reintegration into global ticketing and code-shari...Published: 04 Jul 2025 at 12:56hrs | 338 | 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 | 311 | 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 | 296 | by Staff reporter
Zimbabwe hit by nationwide power outage
Zimbabwe experienced a nationwide power outage on Thursday afternoon after a major system disturbance knocked out power generation at Kariba and Hwange power stations, the country's main electricity s...Published: 03 Jul 2025 at 16:41hrs | 1546 | by Staff reporter
Herbert Nkala to step down
OK Zimbabwe Limited (OKZL), the retail giant listed on the Zimbabwe Stock Exchange (ZSE), has announced that its long-serving Board Chairman, Mr Herbert Nkala, will not seek re-election as Director an...Published: 03 Jul 2025 at 12:36hrs | 617 | by Staff reporter
Iran-Israel conflict threatening Zimbabwe's economy
The recent breakdown of ceasefire agreements between Iran and Israel has raised alarms over a potential full-scale conflict in the Middle East, with serious global economic repercussions that could se...Published: 03 Jul 2025 at 12:30hrs | 306 | 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 | 125 | by Staff reporter
Youths defends Tagwirei
The Zimbabwe Youth Action Platform (ZYAP) has come out strongly in defence of prominent businessman Reginald Kuda Tagwirei, denouncing what it describes as a "desperate smear campaign" launched by for...Published: 02 Jul 2025 at 18:32hrs | 1191 | by Staff reporter
Police bust drug trafficking rings in Beitbridge
Two major drug trafficking operations have been foiled by Zimbabwean police in Beitbridge, resulting in the arrest of three suspects and the seizure of illicit substances valued at more than US$34,000...Published: 01 Jul 2025 at 12:26hrs | 352 | by Staff reporter
Khama should try humility
Ian Khama's latest unprovoked outburst - praising Ian Smith's Rhodesia and branding Zimbabwe a "failed state" - is as tone-deaf as it is arrogant. No wonder Batswana now regard their ex-president with...Published: 30 Jun 2025 at 17:23hrs | 579 | by Dereck Goto
Zimbabwe's monthly inflation eases to 0.3%
Zimbabwe's month-on-month inflation rate eased to 0.3% in June 2025, shedding 0.6 percentage points from the May figure of 0.9%, according to data released by the Zimbabwe National Statistics Agency (...Published: 30 Jun 2025 at 09:03hrs | 250 | by Staff reporter
4 year mystery: Family discovers missing cop's grave through spirit revelation
A decades-old mystery surrounding the disappearance of a Bulawayo-based police officer may finally be drawing to a close, after his family was reportedly led to a shallow grave by a spirit-possessed g...Published: 29 Jun 2025 at 12:14hrs | 1360 | by Staff reporter
Zesa rebundling begins
Mutapa Investment Fund (MIF) has initiated the process of rebundling ZESA Holdings, aiming to streamline operations, enhance efficiency, and reduce costs within Zimbabwe's struggling electricity secto...Published: 29 Jun 2025 at 11:21hrs | 7418 | by Staff reporter
Herbert Nkala to exit OK Zimbabwe in restructuring move
OK Zimbabwe has announced a major leadership reshuffle and a US$30.5 million capital-raising initiative aimed at stabilising operations and restoring market confidence, as the retail giant battles int...Published: 29 Jun 2025 at 11:17hrs | 214 | by Staff reporter
Zimbabwe bank heist now treated as attempted robbery
What was initially reported as a major armed robbery in Mt Darwin, in which US$700,000 and 2.4 kilogrammes of gold were allegedly stolen, is now being treated as an attempted robbery, the Zimbabwe Rep...Published: 27 Jun 2025 at 19:47hrs | 1625 | by Staff reporter
Police bust second-hand clothing smuggling syndicate
Police in Gweru have dismantled a suspected second-hand clothing smuggling syndicate following an early morning raid in the Daylesford suburb, which led to the arrest of two suspects and the recovery ...Published: 26 Jun 2025 at 17:21hrs | 214 | by Staff reporter
Chiwenga warns tenderprenuers, 'The day of reckoning is inevitable'
Zimbabwe's Vice President, General (Retired) Constantino Chiwenga, has issued a stern warning to corrupt businesspeople, declaring that their "day of reckoning is undoubtedly coming" as the government...Published: 26 Jun 2025 at 17:05hrs | 1463 | by Staff reporter
Zimbabwe's businesses sound alarm over volatile ZiG
Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...Published: 26 Jun 2025 at 11:21hrs | 1072 | by Staff reporter
Zimbabwe maize imports to decline
Zimbabwe's maize imports are set to decline significantly this year as better rainfall has boosted crop yields across the country, easing pressure on food security.According to the latest repo...Published: 26 Jun 2025 at 09:59hrs | 274 | by Staff reporter
Zimra surpasses revenue target by 10%
The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...Published: 25 Jun 2025 at 14:33hrs | 112 | by Staff reporter
US$15m mine to open in Mutawatawa
The construction of Zim Win Mine in Mutawatawa, Uzumba-Maramba-Pfungwe (UMP) district, is nearing completion, marking a significant step forward in Zimbabwe's rural industrialisation agenda.Of...Published: 24 Jun 2025 at 10:22hrs | 183 | by Staff reporter
Zimbabwe govt deploys ambulances at tollgates
The government has announced plans to station ambulances at tollgates and along major highways across Zimbabwe, aiming to improve emergency medical response and curb road accident fatalities.T...Published: 24 Jun 2025 at 09:28hrs | 344 | by Staff reporter
Lodge guest sentenced for stealing towels, bedsheets and bulbs
A 24-year-old man from Entumbane suburb in Bulawayo has been sentenced to 315 hours of community service after breaking into two city lodges and stealing property worth US$480.Witness Sibanda ...Published: 24 Jun 2025 at 09:09hrs | 220 | by Staff reporter
Detective Kedha fights back after police deny Interpol link
Controversial private investigator and social media personality Tafadzwa Chidawa, popularly known as Detective Kedha, has fired back at the Zimbabwe Republic Police (ZRP) after the force publicly diso...Published: 23 Jun 2025 at 11:45hrs | 720 | by Staff reporter
Fire ravages Harare grocery outlets
Small business owners in downtown Harare are appealing for government intervention after a devastating fire tore through a block of grocery shops in the early hours of Sunday morning, reducing their l...Published: 23 Jun 2025 at 10:27hrs | 161 | by Staff reporter
ZiG usage surges to half of all transactions in Zimbabwe
Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...Published: 22 Jun 2025 at 11:05hrs | 1785 | by Staff reporter
Zimbabwe's mobile network operators hit by currency woes
Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...Published: 22 Jun 2025 at 09:07hrs | 116 | by Staff reporter
Zimbabwe's economy continues to register positive strides
ZIMBABWEAN President Emmerson Mnangagwa said on Saturday that the country's economy continues to register positive strides.In a post on X, the president said that economic growth is being driv...Published: 22 Jun 2025 at 09:00hrs | 50 | by Staff reporter
Sibanda calls for ban on road coal transport to revive NRZ
Outspoken Zanu-PF Bulawayo provincial chairperson Jabulani Sibanda has called for a ban on the transportation of coal by road, urging the government to enact laws that protect the ailing National Rail...Published: 21 Jun 2025 at 14:34hrs | 408 | by Staff reporter
Bulawayo dam deal will leave ratepayers drowning in bills
A $126 million plan to construct the Glass Block Dam in the Umzingwane catchment area could finally provide relief for Bulawayo's persistent water shortages. However, the project's private financing m...Published: 21 Jun 2025 at 09:49hrs | 341 | by Staff reporter
Tax evasion bleeds Zimbabwe economy
Humanitarian organisation ActionAid Zimbabwe has expressed deep concern over the rampant levels of tax evasion in the country, warning that this undermines the pool of funds available for national dev...Published: 21 Jun 2025 at 09:44hrs | 89 | by Staff reporter
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