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Street vending ban could worsen economic hardship?
Economists have raised concerns over the government's decision to ban street and night vending across Zimbabwe's central business districts (CBDs), warning that the move could intensify economic hards...Published: 20 Aug 2025 at 09:37hrs | 185 | by Staff reporter
Zimbabwe's rural investment drive gains momentum
Zimbabwe's rural development agenda has received a fresh boost following the launch of an innovative investment model designed to attract both local and international investors, including diasporans, ...Published: 19 Aug 2025 at 09:00hrs | 113 | by Staff reporter
Caf expert impressed by progress at Magaya's stadium
Caf stadium expert Muhammad Feizal Sidat has expressed satisfaction with the progress being made at Chahwanda Stadium, saying the facility is firmly on track to meet the requirements for Category 2 ma...Published: 17 Aug 2025 at 15:30hrs | 454 | by Staff reporter
Zera announces drop in LPG prices
THE Zimbabwe Energy Regulatory Authority (Zera) has announced a reduction in Liquefied Petroleum Gas (LPG) prices in both US dollars and local currency for August 2025.In its latest update, Ze...Published: 13 Aug 2025 at 12:10hrs | 184 | by Staff reporter
Zimbabwe hits US$44,9bn in digital transactions
Zimbabwe's financial sector has marked a major milestone in its digital transformation, processing a record 381 million electronic transactions worth ZiG1,2 trillion (US$44,9 billion) in the first hal...Published: 12 Aug 2025 at 08:32hrs | 204 | by Staff reporter
Lab-grown diamonds causing havoc
South Africa's cabinet has approved participation in an international effort to boost the marketing of real diamonds, responding to the increasing appeal of lab-grown gems and funded by a 1 percent le...Published: 11 Aug 2025 at 10:16hrs | 774 | by Staff reporter
BCC blitz uncovers 800 illegal shops in Bulawayo CBD
A recent crackdown by the Bulawayo City Council (BCC) on lettable unit shops in the city's Central Business District (CBD) has revealed that about 800 out of more than 1 300 premises are operating wit...Published: 11 Aug 2025 at 08:40hrs | 218 | by Staff reporter
Chahwanda Stadium to redefine Zimbabwe's football infrastructure
Rising on the outskirts of the small mining town of Kwekwe, the under-construction Chahwanda Stadium is poised to become Zimbabwe's most ambitious football facility yet - an architectural first that c...Published: 10 Aug 2025 at 19:26hrs | 590 | by Staff reporter
Bulawayo industrial decay raises alarm
Once a proud hub of Zimbabwe's industrial might, Bulawayo now stands as a hollow shell of its former self. The city's industrial parks, once teeming with workers and humming with production, are large...Published: 10 Aug 2025 at 10:13hrs | 728 | by Staff reporter
Honey processing project rakes in US$20 000
A rural beekeeping initiative in Buhera is making waves in Zimbabwe’s agro-processing sector, with the Chapanduka Honey Processing Association generating over US$20,000 in revenue over the past year...Published: 09 Aug 2025 at 09:59hrs | 350 | by Staff reporter
CBZ appoints Mthimukhulu as Managing Director
CBZ Bank has appointed Valeta Mthimukhulu as its new Managing Director, marking a new chapter for Zimbabwe's largest financial institution.Mthimukhulu brings with her over 20 years of executiv...Published: 07 Aug 2025 at 15:15hrs | 675 | by Staff reporter
Supermarket selling expired soft drinks
Gutai Foods Supermarket, located at Mucheke Business Centre, has been fined US$200 for selling expired beverages following a court ruling by Magistrate Caroline Tafira Nyoni.In addition to the...Published: 07 Aug 2025 at 13:27hrs | 572 | by Staff reporter
Retailer fined for selling fong kong maize meal
A local business, Natbase Investments (Private) Limited, has been fined US$300 after it was caught selling counterfeit maize meal falsely labelled under a prominent Zimbabwean brand.The compan...Published: 07 Aug 2025 at 13:17hrs | 330 | by Staff reporter
Magunje cement must follow established processes
Presidential Affairs and Devolution secretary Tafadzwa Muguti has raised alarm over suspected corruption in the licensing of a Chinese-owned cement and power plant project in Magunje, Mashonaland West...Published: 05 Aug 2025 at 08:55hrs | 160 | by Staff reporter
Zimbabwe retailers bank on 6% economic growth
The Confederation of Zimbabwe Retailers (CZR) says it expects consumer spending to rise this year, buoyed by the government's projected 6% economic growth, despite continued pressure on household inco...Published: 05 Aug 2025 at 08:53hrs | 58 | by Staff reporter
Gold Backed Currency vs Dollarisation: Lessons from Zimbabwe's New ZiG
Since April 2024, Zimbabwe has started a new monetary policy by introducing a gold-backed currency known as the Zimbabwe Gold (ZiG), to get rid of its reliance on the U.S. dollar. In t...Published: 03 Aug 2025 at 23:27hrs | 460 | by Staff Reporter
Dairy farmers cry foul over low milk prices
Dairy farmers in Bubi district are struggling to stay afloat as they face a worsening mismatch between the prices offered by milk processors and the rising costs of production, particularly for supple...Published: 03 Aug 2025 at 18:54hrs | 229 | by Staff reporter
Economists slam Mthuli Ncube's budget
Economists have sharply criticised Finance Minister Mthuli Ncube's 2025 mid-term budget and economic review, accusing the government of failing to deliver the structural reforms needed to address Zimb...Published: 03 Aug 2025 at 09:59hrs | 253 | by Staff reporter
US$4 billion smart city takes shape in Harare
Zimbabwe's capital is taking a major step toward modern urban living with the groundbreaking of Pomona Flats, a high-rise residential complex forming part of the ambitious US$4 billion Pomona City pro...Published: 02 Aug 2025 at 13:23hrs | 694 | by Staff reporter
+120k litres of Zimbabwean milk rejected for export
Zimbabwe's dairy sector is under scrutiny after it was revealed that over 120,000 litres of milk earmarked for export were rejected by mid-year due to contamination, a staggering increase from the 39,...Published: 02 Aug 2025 at 13:18hrs | 545 | by Staff reporter
Zimbabwean birth control pills smuggled into South Africa
A growing syndicate involving hospital staff, informal cross-border transporters, and backyard traders is siphoning government-issued birth control pills from Zimbabwe's public health facilities and s...Published: 02 Aug 2025 at 10:15hrs | 139 | by Staff reporter
Zimbabwe slides into a spaza nation
Zimbabwe's commercial landscape is undergoing a profound transformation - and not for the better. Across major cities, once-thriving formal businesses have either shuttered or drastically downsized, t...Published: 01 Aug 2025 at 13:17hrs | 812 | by Staff reporter
Mnangagwa orders immediate reforms to ease doing business
President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting on...Published: 30 Jul 2025 at 10:06hrs | 429 | by Staff reporter
Zimbabwe's GDP declines 1.73%
Zimbabwe's Gross Domestic Product (GDP) contracted by 1.73% to ZWG17.6 billion in the first quarter of 2025, down from ZWG17.9 billion recorded in the fourth quarter of 2024, the Zimbabwe National Sta...Published: 29 Jul 2025 at 09:01hrs | 215 | by Staff reporter
Govt unveils low-cost fuel retail outlets for rural areas
In a major step towards improving fuel accessibility in underserved communities, the Zimbabwean government has announced plans to roll out containerised, portable, and low-cost fuel retail outlets in ...Published: 29 Jul 2025 at 08:58hrs | 975 | by Staff reporter
Delta Corporation faces labour challenges in South Africa
Zimbabwean beverage giant, Delta Corporation, is experiencing contrasting fortunes in its regional markets after it battled labour disruptions in South Africa and recorded brisk business for its lager...Published: 29 Jul 2025 at 08:54hrs | 422 | by Staff reporter
Armed robbers hit 3 Sai Mart Shops in Bulawayo
In a brazen and coordinated operation, a gang of armed robbers hit three Sai Mart retail outlets in Bulawayo on Saturday morning, escaping with over US$4,000 in cash. The suspects were reportedly movi...Published: 26 Jul 2025 at 15:11hrs | 511 | by Staff reporter
Zimbabwe's formal economy tanks
Zimbabwe's economy has become overwhelmingly informal, with the latest figures from the Zimbabwe National Statistics Agency (ZimStat) revealing that 76% of business operations in the country are now i...Published: 24 Jul 2025 at 16:09hrs | 588 | by Staff reporter
Hungry Lion enters Zimbabwe market
South African fast-food giant Hungry Lion has officially entered the Zimbabwean market, launching its first branch at the newly opened Greenfields Retail Centre in Harare. The move marks the brand's i...Published: 24 Jul 2025 at 15:17hrs | 2785 | by Staff reporter
ZimStat confirms dominance of Zimbabwe's huge informal sector
The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...Published: 24 Jul 2025 at 09:32hrs | 153 | by Staff reporter
Fake goods uncovered in Harare tuck shops
Zimbabwe has intensified efforts to root out counterfeit products from the market amid growing concerns over the health risks these goods pose to unsuspecting consumers.During a routine inspec...Published: 22 Jul 2025 at 17:57hrs | 421 | by Staff reporter
Zimbabwe records surge in LPG consumption
Zimbabwe is experiencing a significant surge in Liquefied Petroleum Gas (LPG) consumption, signalling a growing shift among households and small businesses towards cleaner and more affordable energy a...Published: 22 Jul 2025 at 13:03hrs | 175 | by Staff reporter
Meikles's debt to suppliers raises fresh concerns
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...Published: 21 Jul 2025 at 12:34hrs | 481 | by Staff reporter
Edgars Zimbabwe customers seek longer payment plans
Clothing retailer Edgars Stores Limited says more of its customers are increasingly requesting longer payment periods of up to nine months to settle their clothing purchases, a clear reflection of the...Published: 21 Jul 2025 at 12:27hrs | 285 | by Staff reporter
RBZ exposes massive money laundering
The Reserve Bank of Zimbabwe (RBZ) has unearthed large-scale illicit financial flows (IFFs) in the country's real estate and motor vehicle dealership sectors, revealing industrial-scale money launderi...Published: 18 Jul 2025 at 14:40hrs | 1552 | by Staff reporter
Zimra cracks down on fake tech flooding Zimbabwe's streets
Harare - The Zimbabwe Revenue Authority (Zimra) has launched a sweeping crackdown on counterfeit electronics flooding the country's markets, targeting fake mobile phones, laptops, and accessories that...Published: 17 Jul 2025 at 20:59hrs | 772 | by Staff reporter
ZERA issued 20 electricity licences in 2024
The Zimbabwe Energy Regulatory Authority (ZERA) has issued 20 electricity licences so far in 2024, with 17 designated for power generation projects boasting a combined installed capacity of 786.08 meg...Published: 16 Jul 2025 at 19:09hrs | 264 | by STaff reporter
Hwange's new CBD takes shape
The Hwange Local Board (HLB) has officially launched a long-anticipated greenfield development project that will see the creation of a brand-new central business district (CBD), in a major step toward...Published: 13 Jul 2025 at 11:43hrs | 355 | by Staff reporter
Zimbabwe asset managers shift away from equities
The Securities and Exchange Commission of Zimbabwe (SecZim) has called on the Zimbabwe Stock Exchange (ZSE) to urgently work on recovering lost market share, amid revelations that local asset managers...Published: 11 Jul 2025 at 09:15hrs | 518 | by Staff reporter
Sugar stocks exceed national demand
Zimbabwe's leading sugar producers, Hippo Valley Estates and Triangle, have moved to allay fears of shortages and price hikes, assuring the nation that local sugar stocks are more than adequate to mee...Published: 11 Jul 2025 at 08:25hrs | 85 | by Staff reporter
Companies reel under crippling costs, regulatory chaos
Zimbabwe's formal business sector is under severe strain as economic pressures mount, with industry leaders warning that ongoing policy inconsistencies, regulatory confusion, and worsening macroeconom...Published: 10 Jul 2025 at 09:08hrs | 249 | by Staff reporter
Zida warns US$43,12m at stake in haulage, logistics industry
The Zimbabwe Investment and Development Agency (Zida) has raised alarm over the potential loss of US$43.12 million in foreign investment in the haulage and logistics sector, following the implementati...Published: 10 Jul 2025 at 08:52hrs | 240 | by Staff reporter
Popular liquor chain closure linked to Zanu-PF wars
The Zimbabwe Revenue Authority (Zimra) has declined to comment on the abrupt closure of a popular liquor retail chain in Harare owned by a senior Zanu-PF youth leader, sparking a flurry of speculation...Published: 10 Jul 2025 at 08:48hrs | 342 | by Staff reporter
EcoCash launches 'EcoCash Plus' wallet
EcoCash, Zimbabwe's leading mobile money platform, has unveiled EcoCash Plus - a specialised digital wallet designed to meet the unique needs of small and medium enterprises (SMEs), vendors, and servi...Published: 09 Jul 2025 at 18:06hrs | 841 | by Staff reporter
CZR calls for crackdown on rampant sale of counterfeit electronics
The Confederation of Zimbabwe Retailers (CZR) has raised alarm over the growing sale of counterfeit and fraudulently marketed electronic goods across the country, calling for an urgent multi-agency la...Published: 09 Jul 2025 at 14:31hrs | 159 | 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 | 123 | by Staff reporter
New mall opens in Bulawayo CBD
A vibrant new business mall has opened in the heart of Bulawayo's Central Business District (CBD), aiming to ignite entrepreneurship, celebrate African culture, and stimulate local economic growth....Published: 05 Jul 2025 at 16:56hrs | 1672 | 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 | 209 | 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 | 625 | by Staff reporter
Zimbabwe's RBZ scraps heavy-handed forex controls
The Reserve Bank of Zimbabwe (RBZ) has officially abandoned its stringent enforcement of exchange rate controls, marking a significant policy shift aimed at fostering market stability, restoring busin...Published: 03 Jul 2025 at 12:32hrs | 1694 | by Staff reporter
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