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Woes mount for Zimbabwe formal businesses\
Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...Published: 23 Jun 2025 at 10:58hrs | 245 | by Staff reporter
CBDs struggle as suburbs gain traction
Zimbabwe's property market is grappling with a complex mix of economic pressures and changing tenant preferences, according to a recent report by Knight Frank.Vacancy rates in prime urban area...Published: 10 Jun 2025 at 08:47hrs | 313 | by Staff reporter
Pick n Pay writes off entire Zimbabwe investment
South African retail giant Pick n Pay Group Limited has reported an unrecognised loss of R51 million from its Zimbabwean associate, TM Supermarkets, for the 53 weeks ending March 2, 2025 - marking a d...Published: 30 May 2025 at 12:13hrs | 72797 | 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 | 399 | by `
Business as usual as Geza's stay away is ignored
Residents of Harare defied a stay-away call by war veteran Blesses Geza on Tuesday, with normal business operations reported across the capital and surrounding suburbs.From as early as 5am, co...Published: 22 Apr 2025 at 20:41hrs | 784 | by Staff reporter
Zimbabweans stay at home on day of planned Geza protests
Police mounted checkpoints on roads leading to major cities and towns on Monday, conducting searches on some vehicles for "dangerous weapons" in anticipation of planned anti-government protests....Published: 31 Mar 2025 at 09:12hrs | 986 | by Staff reporter
Zimbabwe govt workers moonlight as street vendors
Every morning, Dumisani Ngara* gets up at dawn to catch a 6:30am bus to work at Zimbabwe's Ministry of National Housing and Social Amenities. The government-provided bus is free for civil servants in ...Published: 28 Mar 2025 at 12:41hrs | 1127 | by Staff reporter
OK Zimbabwe reverses Bulawayo branch closure decision
Retail giant OK Zimbabwe is set to reopen its Entumbane branch, which was closed earlier this year, with a new business model that converts the outlet into a wholesale facility with lower operating co...Published: 21 Mar 2025 at 09:14hrs | 403 | by Staff reporter
Zimbabwe's Silent Struggle: A Nation on the brink but too fearful to rise
Zimbabwe is a nation in crisis, and the time for silence has passed. Power cuts are routine, water supplies are unreliable, and roads are riddled with potholes. The healthcare system has collapsed, wi...Published: 19 Mar 2025 at 21:22hrs | 1443 | by Vusani Magwala
Boost for Zimbabwe cancer patients
Cancer patients, including children, have received a significant boost after two banks and one of Zimbabwe's leading supermarkets donated chemotherapy drugs and financial support to two cancer care or...Published: 11 Mar 2025 at 07:16hrs | 101 | by Staff reporter
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 | 6495 | by Staff reporter
The futility of Zimbabwe's crackdown on the informal sector
The Zimbabwean government has once again embarked on a futile mission to regulate the informal sector, a behemoth that has long outgrown the state's capacity to control it.In a desperate bid t...Published: 01 Feb 2025 at 21:32hrs | 1071 | by Tendai Ruben Mbofana
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 | 572 | 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 | 1451 | by Staff reporter
Bulawayo thrives with festive shopping and holiday preparations
Bulawayo was buzzing with energy yesterday as last-minute Christmas shoppers filled the city, creating a festive and vibrant atmosphere. Banking halls, supermarkets, and beauty salons were packed, whi...Published: 25 Dec 2024 at 08:20hrs | 176 | by Staff reporter
Siqokoqela snubs Mphoko's burial
Siqokoqela Mphoko, the son of the late former Vice President Phelekezela Mphoko, was conspicuously absent from his father's burial at the family's Douglasdale plot in Bulawayo yesterday. His absence c...Published: 17 Dec 2024 at 04:39hrs | 2030 | by Staff reporter
Phelekezela Mphoko: Farewell to a revolutionary
THE passing of former Vice President Phelekezela Mphoko has left a profound void in the hearts of many Zimbabweans and those who knew him globally. As we extend our heartfelt condolences to his family...Published: 14 Dec 2024 at 10:28hrs | 115 | by Marshall Ndlela
The 'torn' money-buying brigade: A hustle for survival in Zimbabwe
For many in Zimbabwe, especially those navigating the streets of Harare, torn or worn-out money has become more than just a nuisance - it's an opportunity for survival. One such individual, 30-year-ol...Published: 27 Nov 2024 at 07:05hrs | 387 | by Staff reporter
Zambezi lager in short supply
Delta Corporation Limited, Zimbabwe's leading producer of alcoholic beverages, has reassured consumers of ample supplies of its products during the upcoming festive season, following concerns over a r...Published: 23 Nov 2024 at 12:55hrs | 143 | by Staff reporter
Civil servants start receiving annual bonuses
The Government has commenced the disbursement of annual bonuses to civil servants, fulfilling its promise of a 13th cheque to its workforce. Payments began last Friday, with banks and major supermarke...Published: 18 Nov 2024 at 15:00hrs | 236 | by Staff reporter
ZiG inflation rate now pegged at 37.2%
Zimbabwe's inflation rate for the Zimbabwe Gold (ZWG) currency surged to 37.2% in October, according to the latest data from the Zimbabwe National Statistics Agency (Zimstat). This sharp increase, ref...Published: 26 Oct 2024 at 12:48hrs | 305 | by Staff reporter
Zimbabwe faces influx of counterfeit goods
The Consumer Protection Commission (CPC) has raised alarm over the rampant influx of counterfeit goods into Zimbabwe, revealing that the smuggling of these products is occurring on an industrial scale...Published: 20 Oct 2024 at 14:13hrs | 277 | by Staff reporter
Backdated pay rise for civil servants
The Government has delivered on its commitment to review upwards the salaries of civil servants, with employees starting to receive their backdated pay yesterday. This move is part of the Government's...Published: 16 Oct 2024 at 11:47hrs | 542 | by Staff reporter
Mr. President, you'll never fix the economy when you behave like a witchdoctor!
When I was listening to President Emmerson Dambudzo Mnangagwa delivering his State of the Nation Address (SONA) yesterday, I hoped he would finally provide solutions to the country's economic crisis....Published: 03 Oct 2024 at 10:45hrs | 794 | by Tendai Ruben Mbofana
Zimbabwe urged to ditch 'command' exchange rate
The government of Zimbabwe is facing increasing pressure to abandon its "command" exchange rate for the Zimbabwe Gold (ZiG) currency, introduced in April, as businesses struggle to cope with currency ...Published: 25 Sep 2024 at 09:21hrs | 3978 | by Staff reporter
Chinese' shops flood Bulawayo CBD
A bustling shop along Fife Street, between Eighth and Ninth Avenue, known informally as a "Chinese shop," has become a go-to destination for Bulawayo residents in search of affordable goods. From kitc...Published: 18 Sep 2024 at 08:18hrs | 673 | by Staff reporter
Bulawayo malls deserted
Nokulunga Mlalazi, an airtime vendor at Nkulumane Complex in Bulawayo for over two decades, has witnessed the decline of this once-bustling shopping center. Built in the late 1990s by Old Mut...Published: 12 Sep 2024 at 07:13hrs | 1068 | by Staff reporter
Shops dump ZiG official rate for two-tier pricing system
Just like other Zimbabwean currencies introduced since the year 2000, the Zimbabwe Gold (ZiG) currency is already showing signs of instability barely half a year after its introduction, with many shop...Published: 08 Sep 2024 at 13:51hrs | 9590 | by Staff reporter
Chiwenga talks tough over falling ZiG
Vice-President Constantino Chiwenga has announced that the government is closely monitoring financial markets to address the recent decline in the value of the local currency on the parallel mark...Published: 05 Sep 2024 at 07:21hrs | 991 | by Staff reporter
Fresh blitz against illegal forex dealers in Zimbabwe
The police and the Reserve Bank of Zimbabwe's Financial Intelligence Unit (FIU) have initiated a crackdown on illegal currency traders. This week, numerous money changers were arrested, with many stil...Published: 26 Jul 2024 at 06:33hrs | 494 | by Staff reporter
EcoCash launches new mobile App
EcoCash, Zimbabwe's leading mobile money platform, has unveiled a brand-new mobile app in Harare today, June 13, 2024, featuring enhanced security and a more user-friendly interface packed with additi...Published: 15 Jun 2024 at 11:04hrs | 27 | by Staff reporter
Zimbabweans complain over ZiG cash shortage
Business operators and residents in Gweru are expressing concerns about the scarcity of the new currency, Zimbabwe Gold (ZiG), and are urging the Reserve Bank of Zimbabwe (RBZ) to increase the availab...Published: 24 May 2024 at 08:35hrs | 7 | by Staff reporter
RBZ pleads for ZiG acceptance as informal traders insist on US dollar
The Reserve Bank of Zimbabwe on Wednesday said the Zimbabwe dollar remains legal tender until April 30 following reports that informal traders are refusing to accept the currency for fear it will be w...Published: 10 Apr 2024 at 21:55hrs | | by Staff reporter
Even Chissano knows Mnangagwa has failed Zimbabwe!
The visiting former Mozambique president Joachim Chissano made a very telling comment yesterday.He alleged that Zimbabwe was experiencing social and economic transformation, putting it ahead o...Published: 09 Apr 2024 at 16:52hrs | 1 | by Tendai Ruben Mbofana
Zimbabweans urged to have confidence in new currency
Measures announced by Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mushayavanhu in his maiden monetary policy statement on Friday should go a long way in containing prices and reducing inflation, a...Published: 08 Apr 2024 at 10:43hrs | 2 | by Staff reporter
It's easier to topple your mentor than run a country, isn't it Mr. President?
So, this where it has all come to? Those of us in urban areas now live without water and electricity!We are no longer any different from our compatriots in rural Zimbabwe.I may...Published: 31 Mar 2024 at 16:20hrs | 1 | by Tendai Ruben Mbofana
Mnangagwa keeping Zim dollar to oppress Zimbabweans!
Why is the Zimbabwe government so adamant in holding on to a useless currency?On what logic would anyone believe that it is a good idea to continue using money that loses its value nearly on a...Published: 06 Mar 2024 at 23:33hrs | 1 | by Tendai Ruben Mbofana
Withdraw Zimdollar from circulation
GOOD day, President Emmerson Mnangagwa. Your Excellency, it is my conviction that the Zimdollar, all things considered, is a swine. It is the epitome of voodoo economics, based on implausible assumpti...Published: 14 Feb 2024 at 19:25hrs | 2 | by Cyprian Muketiwa Ndawana
Zimbabwe economy edges towards full dollarisation
THE economy is edging closer to full dollarisation amid reports that the informal sector is rejecting the dual pricing regime, exclusively selling in the United States dollar.Latest figures re...Published: 09 Feb 2024 at 06:58hrs | 3 | by Staff reporter
Zimbabwe family basket doubles to ZWL$6,2m
The family basket has nearly doubled to ZWL$6,2 million from ZWL$3,6 million in December due to the continued depreciation of the Zimdollar, the Consumer Council of Zimbabwe (CCZ) has said, spelling d...Published: 07 Feb 2024 at 04:46hrs | 2 | by Staff reporter
Zimdollar crashes to lowest since its 2019 revamp
A fresh plunge in the value of the Zimbabwean dollar means that everyone in the country with US$100 is now a millionaire in local-currency terms. Again.The local unit on Tuesday weakened past ...Published: 31 Jan 2024 at 04:56hrs | 3 | by Staff reporter
Grain millers flag 'artificial' mealie-meal shortages in supermarkets
LOCAL grain millers say they have contingency measures throughout the value chain to ensure adequate mealie-meal stocks to feed the nation.The assurance by the Grain Millers Association of Zim...Published: 29 Jan 2024 at 06:00hrs | | by Staff reporter
Zimbabwe family basket skyrockets to $3,6 million
THE cost of the food basket for a family of six has shot to ZWL$3,6 million, with retailers now charging some goods exclusively in United States dollars (US$) owing to the depreciating Zimbabwe dollar...Published: 10 Jan 2024 at 05:56hrs | 9 | by Staff reporter
Mealie-meal shortage artificial
MEALIE-MEAL stock-outs in retail outlets witnessed over the last few weeks were a result of "logistical challenges" that were being faced by local milling companies, which have since been resolved and...Published: 07 Jan 2024 at 17:37hrs | 11 | by Staff reporter
Only licensed traders can purchase from manufacturers in Zimbabwe
The Zimbabwe Revenue Authority (Zimra) said on Wednesday that only licensed and tax-compliant traders can purchase from manufacturers and wholesalers in a bid to encourage tax compliance and bolster g...Published: 04 Jan 2024 at 06:02hrs | 14 | by Staff reporter
Zanu-PF settlers face eviction
ABOUT 200 settlers at Umvutsha farm, Umguza, in Matabeleland North province, are facing eviction more than a decade after they were allocated pieces of land at the property.They were initially...Published: 30 Dec 2023 at 08:23hrs | 11 | by Staff reporter
CCZ warns retailers on price distortions
The Consumer Council of Zimbabwe (CCZ) has issued a stern warning to retail outlets, demanding responsible pricing on all goods and strict adherence to the foreign currency auction system if operating...Published: 28 Dec 2023 at 10:27hrs | 13 | by Staff reporter
2 arrested for Umvutcha Farm invasion
Police have arrested two suspects in connection with the invasion of Umvutcha Farm on the outskirts of Bulawayo.The property has been in dispute for years after the Ministry of Lands allegedly...Published: 25 Dec 2023 at 13:43hrs | 15 | by Staff reporter
Only 22,2% urban households involved in urban agriculture
About 22.2% of households were involved in urban agriculture.This is revealed in the Zimbabwe Vulnerability Assessment Committee (ZimVAC) 2023 report which noted that therefore, the Government...Published: 01 Dec 2023 at 17:43hrs | 24 | by Stephen Jakes
Southerton robbery suspect shot dead
On Saturday, law enforcement officers fatally shot one of the individuals implicated in last week's armed robbery in Southerton, following an exchange of gunfire in Chitungwiza's Unit A neighborhood....Published: 06 Nov 2023 at 04:46hrs | 15 | by Staff reporter
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