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Zimbabwe govt pledges timely wheat payments
The government has vowed to pay all wheat farmers on time this season to secure grain supplies and help producers prepare for the next planting cycle.Lands and Agriculture Minister Dr Anxious ...Published: 5 hrs ago | 62 | by Staff reporter
Beverage makers say 35% RBZ rate hampers growth
Zimbabwe's beverage industry has raised concerns over the Reserve Bank of Zimbabwe's (RBZ) decision to maintain the bank policy rate at 35% per annum, saying the high interest rate is constraining gro...Published: 10 hrs ago | 105 | by Staff reporter
2030: Zimbabwe will be using domestic currency
THE Reserve Bank of Zimbabwe (RBZ) has announced plans for a structured transition from the current multicurrency system to a domestic monetary framework, aimed at ensuring business continuity and eco...Published: 13 Aug 2025 at 12:35hrs | 383 | by Staff reporter
Zimbabwe banks show strong capital buffers
Most Zimbabwean banking institutions have exceeded minimum regulatory capital requirements, signalling stability, resilience, and soundness in the country's financial system, the latest Reserve Bank o...Published: 13 Aug 2025 at 09:08hrs | 195 | by Staff reporter
UN calls on Zimbabwe to curb illicit financial flows
The United Nations resident and humanitarian coordinator in Zimbabwe, Edward Kallon, has urged the government to take urgent measures to curb illicit financial flows (IFFs), warning that billions of d...Published: 13 Aug 2025 at 08:49hrs | 196 | by Staff reporter
RBZ's to unlock over US$1 billion in remittances
In a bold move to revive Zimbabwe's struggling economy, the Reserve Bank of Zimbabwe (RBZ) has announced a plan to securitize diaspora remittances, aiming to transform predictable inflows into investa...Published: 10 Aug 2025 at 18:36hrs | 315 | by Staff reporter
Zimbabwe repays US$176 million in external debt
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...Published: 10 Aug 2025 at 12:12hrs | 513 | by Staff reporter
ACZ route development initiatives bearing fruit
The inaugural flight took off from Joshua Mqabuko Nkomo International Airport and landed in Victoria Falls aboard an Embraer ERJ aircraft, officially opening a direct air link between Zimbabwe's indus...Published: 10 Aug 2025 at 10:55hrs | 130 | 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 | 672 | by Staff reporter
NetOne posts record growth
State-owned mobile network operator NetOne has delivered a historic performance, posting record revenue and profit growth while aggressively expanding its high-speed 4G and 5G networks in a bold push ...Published: 09 Aug 2025 at 16:52hrs | 192 | by Staff reporter
Zimbabwe's forex receipts surge to US$7.3 billion
Zimbabwe recorded a significant boost in foreign currency receipts, raking in US$7.3 billion during the first half of 2025, according to the Reserve Bank of Zimbabwe’s (RBZ) latest Monetary Policy S...Published: 09 Aug 2025 at 10:01hrs | 137 | by Staff reporter
Blue Train service between Pretoria and Vic Falls relaunched
South Africa's national railway company, Transnet, has re-launched its iconic luxury tourist train service connecting Pretoria and Zimbabwe's tourism capital, Victoria Falls. The Blue Train arrived in...Published: 08 Aug 2025 at 13:08hrs | 542 | by Staff reporter
RBZ upholds tight monetary policy to protect ZWG
The Reserve Bank of Zimbabwe (RBZ) on Thursday reaffirmed its tight monetary policy stance as a key strategy to conserve the local currency, despite mounting pressure from industry players to ease bor...Published: 08 Aug 2025 at 08:59hrs | 158 | by Staff reporter
UK resets ties with Zimbabwe in push for critical minerals
Zimbabwe and the UK are rekindling diplomatic ties after almost three decades of tension, driven by a global surge in demand for critical minerals that's led the former colonial power to pursue $1 bil...Published: 08 Aug 2025 at 08:58hrs | 813 | by Staff reporter
Zimbabwe banking sector profits drop
Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...Published: 08 Aug 2025 at 08:30hrs | 135 | by Staff reporter
Forestry Commission regulatory weaknesses exposed
A report by Auditor-General Rheah Kujinga has exposed serious regulatory weaknesses at the Forestry Commission, revealing how poor oversight may be enabling trophy hunters to bypass state payments and...Published: 08 Aug 2025 at 08:21hrs | 99 | by Staff reporter
Ramaphosa's ANC dares the United States to sanction it
South Africa's biggest political party said the government won't bow to demands from Donald Trump's administration to change its policies even if that means its leaders are subjected to US sanctions....Published: 07 Aug 2025 at 20:50hrs | 1146 | by Staff reporter
Hwange Colliery sinks US$3,5m in new Equipment
Hwange Colliery Company Limited (HCCL) has injected over US$3.5 million into the acquisition of new equipment as part of its ongoing modernisation and turnaround strategy aimed at boosting Zimbabwe's ...Published: 07 Aug 2025 at 09:41hrs | 161 | by Staff reporter
ZICC labels corruption a Human Rights Violation
The Zimbabwe Independent Complaints Commission (ZICC) has issued a strong condemnation of corruption in both public and private sectors, describing it as not only a governance failure but a fundamenta...Published: 07 Aug 2025 at 09:19hrs | 137 | by Staff reporter
Zida launches eRegulations portal
The Zimbabwe Investment Development Agency (Zida) has launched a new digital platform, the eRegulations portal, aimed at reducing bureaucratic red tape and enhancing the quality and ease of doing busi...Published: 07 Aug 2025 at 09:12hrs | 42 | by Staff reporter
Zimbabwe, Rwanda strengthen ties
The third session of the Zimbabwe-Rwanda Joint Permanent Commission on Cooperation (JPCC) concluded yesterday in Kigali with the signing of five Memoranda of Understanding (MoUs), marking a new chapte...Published: 07 Aug 2025 at 09:04hrs | 74 | by Staff reporter
US$0.597 billion paid by Zimbabwe Treasury unaccounted for
The latest report from Zimbabwe's Auditor General has exposed serious violations of public finance management laws, revealing that more than US$597 million in Treasury payments remain unaccounted for ...Published: 06 Aug 2025 at 21:21hrs | 165 | by Staff reporter
Cabinet approves agric sector taxes, permits review
Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...Published: 06 Aug 2025 at 09:05hrs | 187 | by Staff reporter
FBC sees cautious recovery in Zimbabwe
Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...Published: 05 Aug 2025 at 14:38hrs | 233 | by Staff reporter
Mnangagwa's office blows 81% of budget in 6 months
President Emmerson Mnangagwa's Office had already spent 81 percent of its 2025 budget by the halfway mark of the year, while the Ministry of Transport and Infrastructural Development exceeded its full...Published: 05 Aug 2025 at 12:19hrs | 484 | 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 | 57 | by Staff reporter
Majome exposed by SA Public Protector?
The Office of the Public Protector South Africa (PPSA) has firmly refuted media reports suggesting it received a formal complaint from the Zimbabwe Human Rights Commission (ZHRC) concerning the allege...Published: 04 Aug 2025 at 20:32hrs | 1341 | by Staff reporter
Zimbabwe health spending among lowest in region
Zimbabwe is spending just ZiG460 (about US$17) per person on health, with total health expenditure at only 0,5% of GDP in the first half of 2025 - far below regional and international targets - the Co...Published: 04 Aug 2025 at 08:33hrs | 103 | by Staff reporter
Hwange units 7 and 8 power Zimbabwe's energy stability
Zimbabwe's energy security has received a major boost from Hwange Thermal Power Station's Units 7 and 8, which have emerged as vital contributors to the national grid, powering key economic sectors in...Published: 03 Aug 2025 at 19:16hrs | 330 | by Staff reporter
Tagwirei's co-option into Central Committee 'irreversibly settled'
Zanu-PF Secretary for Legal Affairs Patrick Chinamasa has declared the controversy surrounding the co-option of businessman Kudakwashe Tagwirei into the ruling party's Central Committee as "irreversib...Published: 03 Aug 2025 at 19:12hrs | 1742 | by Staff reporter
6 paradoxes defining Zimbabwe's current reality
Zimbabwe is a nation that is steeped in contradictions. In my time observing the political, social, and economic landscape, I've come to realize that the country is grappling with paradoxes that revea...Published: 03 Aug 2025 at 12:31hrs | 360 | by Adapted from Rev Dr Kenneth Mtata x account
AG's office pushing 14 Bills through Parliament
Attorney General Virginia Mabhiza has praised the significant strides made by her office in advancing Zimbabwe's justice sector, emphasizing a marked turnaround in the efficiency and activity of Parli...Published: 03 Aug 2025 at 12:16hrs | 124 | 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
Bulawayo leads Zimbabwe in business formalisation
Bulawayo has emerged as Zimbabwe's top-performing province in terms of formal business establishments, according to new data from the 2023 Economic Census conducted by the Zimbabwe National Statistics...Published: 03 Aug 2025 at 09:56hrs | 106 | by Staff reporter
Russia-Zimbabwe talks overshadowed by 'hitman' allegations
A high-powered delegation of 11 Russian officials arrived in Harare this week for a strategic meeting with Zimbabwe's Minister of Finance, Professor Mthuli Ncube, in a bid to deepen bilateral financia...Published: 02 Aug 2025 at 19:12hrs | 535 | by Staff reporter
Zimbabwe govt sounds alarm over skills mismatch
The Government of Zimbabwe has raised urgent concern over the growing mismatch between the skills produced by the country's education system and the rapidly evolving demands of the labour market, warn...Published: 02 Aug 2025 at 16:22hrs | 366 | by Staff reporter
Victoria Falls booms with business during COP 15
The city of Victoria Falls recorded brisk business and a surge in economic activity during the recently concluded Ramsar Convention on Wetlands (COP15), which ran from July 23 to 31 and drew more than...Published: 02 Aug 2025 at 10:14hrs | 57 | by Staff reporter
RBZ Chief charts path to monetary stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu says the central bank is making steady progress in consolidating price stability, growing foreign reserves, and reinforcing the banking se...Published: 01 Aug 2025 at 13:12hrs | 172 | by Staff reporter
Diaspora remittances into Zimbabwe rise to US$635.2m
Diaspora remittances into Zimbabwe grew by 7.1% in the first half of 2025, reaching US$635.2 million compared to US$593.2 million during the same period last year, according to Finance Minister Mthuli...Published: 01 Aug 2025 at 10:08hrs | 140 | by Staff reporter
Zimbabwe on track for 6% growth
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday.The South...Published: 01 Aug 2025 at 10:00hrs | 263 | by Staff reporter
Mthuli Ncube admits economy chaos
The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...Published: 01 Aug 2025 at 09:12hrs | 630 | by Staff reporter
Mthuli Ncube commits to easing business costs
Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...Published: 01 Aug 2025 at 08:43hrs | 161 | by Staff reporter
Zimbabwe miners weather power crisis
Zimbabwe's mining industry says it has largely been shielded from the worst of the country's electricity shortages thanks to a targeted power rationing strategy that prioritises the sector. But operat...Published: 01 Aug 2025 at 08:33hrs | 202 | by Staff reporter
Zimbabwe Prosecutor General decries widespread corruption
Prosecutor-General Loyce Matanda-Moyo has issued a scathing condemnation of rampant corruption in Zimbabwe, warning that the scourge is robbing citizens of critical services and crippling national dev...Published: 01 Aug 2025 at 08:09hrs | 114 | by Staff reporter
Zimbabwe govt mulls fresh taxes
Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...Published: 01 Aug 2025 at 08:02hrs | 383 | by Staff reporter
RBZ warns against price instability
The Reserve Bank of Zimbabwe (RBZ) has issued a cautionary note on the dangers posed by exchange rate volatility, stressing that fluctuations in the value of the local currency could severely undermin...Published: 31 Jul 2025 at 08:19hrs | 247 | by Staff reporter
Company director in court for US$2,000 bribery
A Harare businessman and director of Whitecard Tobacco Company (Pvt) Ltd, Tawanda Mandudzo (51), has been arrested for attempting to bribe a senior official from the Tobacco Industry and Marketing Boa...Published: 31 Jul 2025 at 08:16hrs | 270 | by Staff reporter
Cop jailed for demanding US$15 bribe
A police officer stationed at ZRP Milton Park in Harare has been jailed for 10 months after he was convicted of criminal abuse of duty for attempting to extort just US$15 from a motorist during an ill...Published: 30 Jul 2025 at 15:09hrs | 290 | 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
Half of Zimbabwe's youth population is idle
Almost half of Zimbabwe's youth aged between 15 and 35 are neither in education, employment, nor training (NEET), according to alarming new data released by the Zimbabwe National Statistics Agency (Zi...Published: 30 Jul 2025 at 09:46hrs | 186 | by Staff reporter
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