Search / Reserves
Zimbabwe's grain deliveries surge
The Government has reported a significant increase in grain and oilseed deliveries to the Grain Marketing Board (GMB) for the 2024-2025 summer production season, signalling a positive outlook for nati...Published: 11 Jun 2025 at 13:22hrs | 203 | by Staff reporter
ZiG ranked second worst performing currency
In a stark contrast of fortunes, Ghana's Cedi has emerged as the world's strongest-performing currency in 2025, gaining nearly 50% against the United States dollar, while Zimbabwe's Zimbabwe Gol...Published: 11 Jun 2025 at 11:26hrs | 771 | by Staff reporyter
IMF wants Zimbabwe's gold-backed ZiG to become sole currency
The International Monetary Fund (IMF) has expressed support for the full adoption of Zimbabwe's new currency, the Zimbabwe Gold (ZiG), as the country pushes to secure a staff-monitored program (SMP) t...Published: 11 Jun 2025 at 09:05hrs | 1060 | by Staff reporter
Zimbabwe to ban export of lithium concentrates
Zimbabwe will prohibit the export of lithium concentrates starting January 2027, as part of government efforts to compel foreign mining companies to establish processing and refining facilities within...Published: 11 Jun 2025 at 08:41hrs | 211 | by Staff reporter
Wildlife ranger dies after Rhino attack at Save Valley Conservancy
A wildlife ranger from Save Valley Conservancy has tragically died from injuries sustained during a black rhino encounter, the Zimbabwe Parks and Wildlife Management Authority (Zimparks) has confirmed...Published: 10 Jun 2025 at 17:16hrs | 741 | by Staff reporter
Zimbabwe gold reserves rises 12%
The Reserve Bank of Zimbabwe (RBZ) has announced that its gold reserves have grown by 12% to over 3.1 tonnes since March this year, bolstering the country's efforts to build a more stable foreign exch...Published: 06 Jun 2025 at 12:06hrs | 103 | by Staff reporter
How gold incentives work in Zimbabwe
IN the past few days, social media and media outlets have been awash with claims that there is grand looting of state funds between Treasury and a selected few individuals, especially after a payment ...Published: 05 Jun 2025 at 17:10hrs | 1325 | by Trymore Sibanda
RBZ projects inflation drop by September
The Reserve Bank of Zimbabwe (RBZ) has assured the nation that inflation remains under control, despite seemingly high annual inflation rates, attributing the figures to technical distortions arising ...Published: 04 Jun 2025 at 13:31hrs | 130 | by Staff reporter
RBZ defends Zimbabwe forex surrender requirements
The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...Published: 01 Jun 2025 at 14:37hrs | 1974 | 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
Zimbabwe gold reserves surge to nearly US$700 million
The reserves backing Zimbabwe's structured currency, Zimbabwe Gold (ZiG), have soared to an impressive US$683 million, more than doubling since the currency's launch in April 2024 and significantly st...Published: 01 Jun 2025 at 14:03hrs | 60 | by Staff reporter
Zimbabwe's platinum output to fall 4% in 2025
Zimbabwe's platinum production is projected to decline by 4% to 491,000 ounces in 2025, falling short of last year's record output, according to a new report from the World Platinum Investment Council...Published: 30 May 2025 at 13:31hrs | 558 | 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 | 719 | by Staff reporter
Afreximbank pegs Zimbabwe growth at 3,8%
The African Export–Import Bank (Afreximbank) has downgraded Zimbabwe's economic growth forecast for 2025 to 3.8%, considerably lower than the optimistic 6% growth target set by the government and Br...Published: 26 May 2025 at 08:32hrs | 193 | by Staff reporter
The fight is not to ban coal, says Minister
Zimbabwe's Energy and Power Development Minister, July Moyo, has emphasized that the country's focus should not be on phasing out coal, but rather on finding smarter and cleaner ways to utilize it.&nb...Published: 26 May 2025 at 08:04hrs | 77 | by Staff reporter
Treasury launches last-ditch push to stabilise Zimbabwe economy
Zimbabwe's Treasury has embarked on a last-ditch effort to stabilise the country's fragile economy, amid growing fears that policy inconsistency, inflation, and currency volatility could derail indust...Published: 22 May 2025 at 11:33hrs | 615 | by Staff reporter
Malema's EFF slams Johann Rupert's state capture project
The Economic Freedom Fighters (EFF) has come out strongly against the inclusion of billionaire businessman Johann Rupert in a South African delegation set to meet former United States President Donald...Published: 21 May 2025 at 12:37hrs | 484 | by Staff reporter
Zimbabwe set for 300MW coal power plant boost
Zimbabwe's push to strengthen its energy infrastructure has received a significant boost, with independent power producer Huoyuntong Investments (Private) Limited applying to establish a 300-megawatt ...Published: 20 May 2025 at 09:47hrs | 289 | by Staff reporter
Zimbabwe targets 2030 to clear US$21 billion debt
Zimbabwe has set an ambitious 2030 deadline to clear its ballooning US$21 billion public debt, in a bid to create the foundations for a stable mono-currency regime anchored by the Zimbabwe Gold (ZiG) ...Published: 19 May 2025 at 09:21hrs | 126 | by Staff reporter
Zimbabwe's trade deficit widens by 28%
Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...Published: 17 May 2025 at 14:01hrs | 107 | by Staff reporter
30% surrender requirement sparks export concerns
The Zimbabwean export sector, a vital source of foreign currency and a key pillar of economic stability, is expressing growing concern over the Reserve Bank of Zimbabwe's (RBZ) recent increase in the ...Published: 17 May 2025 at 12:05hrs | 146 | by Staff reporter
Smuggling takes toll on Zimbabwe economy
A sharp increase in smuggling and unregulated imports is intensifying illicit financial flows (IFFs) in Zimbabwe, severely undermining the country's formal retail sector. Authorities have recently pro...Published: 16 May 2025 at 10:41hrs | 398 | by `
Mnangagwa offers Lukashenko minerals
President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...Published: 16 May 2025 at 09:44hrs | 123 | by Staff reporter
Mthuli Ncube hikes fuel levy
The Government of Zimbabwe has increased the Strategic Fuel Reserve Levy on petrol and diesel as part of a broader effort to safeguard national fuel supplies and price stability amid rising global mar...Published: 14 May 2025 at 08:33hrs | 1227 | by Staff reporter
Elephant tramples Kariba fisherman to death
A fisherman tragically lost his life on Saturday night after being trampled by an elephant while walking between ARDA Fishing Camp and Gache-Gache Fishing Camp near Lake Kariba.The deceased, i...Published: 12 May 2025 at 13:56hrs | 470 | 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 | 301 | by Staff reporter
Boreholes are not the solution to Zimbabwe's water crisis - they may worsen it
There has been a growing disturbing trend.The Zimbabwean government has, in recent years, taken to vigorously drilling boreholes across the country as its signature approach to solving the cou...Published: 05 May 2025 at 23:30hrs | 947 | by Tendai Ruben Mbofana
A Tribute to the Life of Evangelist Percy Dlamini
The Guta RaMwari Religion, under the governance of the Holy Spirit, solemnly acknowledges and pays heartfelt tribute to the family of Evangelist Percy Dlamini, who departed this earthly life on April ...Published: 05 May 2025 at 23:07hrs | 1059 | by The Literature Committee of South Africa (LitcoSA)
RBZ's market-determined exchange rate spurs ZiG stability
The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...Published: 04 May 2025 at 09:15hrs | 810 | by Staff reporter
Garwe must change colonial mentality
SOMETIME last year in August, the Zimbabwean government issued a strong condemnation and warning against Mike Moyo and Timothy Chiminya for claiming titles as ceremonial King Mambo and King Munhumutap...Published: 02 May 2025 at 09:00hrs | 987 | by Phakathwayo Gumede
Lupane methane gas project set to begin operations in Q2 2025
The Lupane Methane Gas (LMG) Project is expected to commence operations in the second quarter of 2025, according to the project's executive chairperson, Thabani Hove.Hove revealed that the pro...Published: 29 Apr 2025 at 07:12hrs | 457 | by Staff reporter
ZITF Company seeks partners for US$12m smart city project
The Zimbabwe International Trade Fair (ZITF) Company has announced a call for Expressions of Interest (EOIs) from qualified local and international firms to take part in the development of significant...Published: 28 Apr 2025 at 12:28hrs | 123 | by Staff reporter
The Smart Investor's Guide to Thriving After a Crash
Warren Buffett's advice that "fear when everyone is greedy and greed when everyone is fearful" remains particularly relevant for investors in today's unpredictable market, especially after a crash. Th...Published: 25 Apr 2025 at 12:21hrs | 134 | by Staff Reporter
Bulawayo firm urged to seize lithium battery opportunities
A Bulawayo-based engineering company, VEET Engineering, has been encouraged to tap into the booming global market for lithium batteries and contribute to Zimbabwe's industrial growth and economic reco...Published: 25 Apr 2025 at 08:22hrs | 351 | by Staff reporter
As long as Mnangagwa doesn't acknowledge his own failings, Zimbabwe will not develop
Excuses, excuses, and more excuses!There is no greater hindrance to meaningful development and transformation in Zimbabwe than a leadership that refuses to take responsibility for its own shor...Published: 22 Apr 2025 at 22:18hrs | 757 | by Tendai Ruben Mbofana
Is Zimbabwe wooing Donald Trump by paying white farmers and ending tariffs?
Long-frozen relations between the United States and Zimbabwe may be thawing after the Southern African nation slashed all taxes on US goods flowing into the country and announced it has begun to pay c...Published: 18 Apr 2025 at 15:19hrs | 758 | by Staff reporter
Zimbabwe's ZiG currency risks extinction stoked by policy choices
Zimbabwe's ZiG is heading toward failure, not through rapid devaluation, but through growing irrelevance, according to Imara Asset Management, the country's oldest independent brokerage.Unlike...Published: 16 Apr 2025 at 22:45hrs | 85 | by Staff reporter
'RBZ walks the talk on ZiG'
Zimbabwe's efforts to stabilise its currency and foster price stability are showing significant progress, with foreign currency reserves backing the Zimbabwe Gold (ZiG) surpassing US$600 million, sign...Published: 14 Apr 2025 at 09:20hrs | 3713 | by Staff reporter
Zimbabwe's foreign currency reserves surge as ZiG gains stability
Zimbabwe's efforts to stabilise its local currency, the Zimbabwe Gold (ZiG), have begun yielding tangible results, with the country's foreign currency reserves exceeding US$600 million, the Reserve Ba...Published: 13 Apr 2025 at 12:23hrs | 10305 | by Staff reporter
Zimbabwe explores the use of nuclear energy
Vice President Constantino Chiwenga has reaffirmed the Zimbabwean government's commitment to pursuing nuclear energy, particularly through small modular reactors (SMRs), as part of efforts to build a ...Published: 10 Apr 2025 at 09:05hrs | 88 | by Staff reporter
US dollar suffocates the ZiG
A liquidity crunch in Zimbabwe is deepening the economy's embrace of the US dollar and undermining the bullion-backed currency introduced by the government almost a year ago.The ZiG, short for...Published: 06 Apr 2025 at 11:38hrs | 3604 | by Staff reporter
Zimbabwe's dodgy mandatory electrical inspections suspended
The Zimbabwe Energy Regulatory Authority (ZERA) has proposed a temporary suspension of mandatory electrical inspections for households and commercial buildings, citing the need for broader consultatio...Published: 05 Apr 2025 at 14:58hrs | 3770 | by Staff reporter
Zimbabwe reserves haulage and logistics industry for citizens
Zimbabwe's Finance Act 2024, published under General Notice I 345A of 2024, has introduced an amendment to the Indigenization and Economic Empowerment Act [Chapter 14:33], designating the Haulage and ...Published: 05 Apr 2025 at 10:40hrs | 8977 | by Staff reporter
Bafana Bafana used an ineligible player against minnows Lesotho
South Africa's road to the 2026 Fifa World Cup has hit a potential roadblock following a yellow-card controversy surrounding midfielder Teboho Mokoena. Reports suggest that Mokoena may have been ineli...Published: 25 Mar 2025 at 19:54hrs | 601 | by Staff reporter
Zimbabwe ranks 3rd African country highest diesel prices
Unlike last month, when diesel prices in Africa were reported to have been fluctuating, diesel prices in the continent for the current month seems stable.While this may appear as a positive, i...Published: 21 Mar 2025 at 09:19hrs | 326 | by Staff reporter
Joining the George Ayittey Society is a step towards fighting for real change in Zimbabwe
My recent acceptance into the George Ayittey Society is an honour that fills me with immense humility and gratitude. To be part of a distinguished group of scholars, intellectuals, and researc...Published: 20 Mar 2025 at 17:12hrs | 283 | by Tendai Ruben Mbofana
Mudenda rejects coal mining proposal inside Hwange National Park
Speaker of Parliament, Jacob Mudenda, has firmly rejected a proposal to conduct coal mining within Zimbabwe's Hwange National Park, emphasizing that alternative coal-rich areas are available elsewhere...Published: 13 Mar 2025 at 07:44hrs | 892 | by Staff reporter
Zimbabwe courts US gas investors
Energy and Power Development Minister July Moyo has urged U.S. businesses to invest in Zimbabwe's vast gas reserves, which he says are three times larger than those found in South Africa. Speaking at ...Published: 08 Mar 2025 at 14:41hrs | 63 | by Staff reporter
Gold deliveries fall by 18% in February
Fidelity Gold Refinery (FGR) has reported an 18.06% decline in gold deliveries, with total deliveries falling to 2,568.2544 kilograms (kgs) last month, compared to 3,134.3456kgs in January. The declin...Published: 07 Mar 2025 at 07:00hrs | 57 | 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
Load More Stories
