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Zupco to import spare parts for 100 grounded buses
Zimbabwe United Passengers Company (Zupco) CEO George Chigora has revealed plans to import spare parts for 100 grounded buses, as the public transporter seeks to revitalize its fleet and improve servi...Published: 21 Dec 2024 at 08:26hrs | 99 | by Staff reporter
The impact of duty-free incentives in the 2025 national budget
The 2025 National Budget is a forward-thinking approach to economic recovery and national development, introducing strategic duty-free incentives aimed at empowering local industries, stimulating econ...Published: 17 Dec 2024 at 20:12hrs | 989 | by Innocent Mujeri
Zimbabwe consortium seeks US$3 billion for power transmission project
The Intensive Energy User Group (IEUG), a local power consortium, is calling for over US$3 billion in investment over the next five years to enhance transmission infrastructure and address power imbal...Published: 09 Dec 2024 at 06:58hrs | 651 | by Staff reporter
Former Bosso players honour departed colleagues
Former Highlanders players gathered at Lady Stanley Cemetery in Bulawayo on Saturday to honor their departed teammates in a solemn yet celebratory commemoration. The gathering, which has become an ann...Published: 09 Dec 2024 at 06:48hrs | 211 | by Staff reporter
Crackdown on businesses rejecting ZiG to intensify
The Zimbabwean government has vowed to intensify its crackdown on suppliers and manufacturers who refuse to transact in Zimbabwe Gold (ZiG) currency or use parallel market exchange rates. The move was...Published: 06 Dec 2024 at 16:34hrs | 1271 | by Staff reporter
Zimbabwe's tobacco sector showing signs of robust recovery
Zimbabwe's tobacco sector is showing signs of a robust recovery, with an 8% increase in registered growers for the 2024/2025 summer cropping season. As of November 15, 2024, 120,983 farmers have regis...Published: 24 Nov 2024 at 09:55hrs | 65 | by Staff reporter
Zimbabwe grapples with surge of dangerous fake and illicit alcohol
Zimbabwe is facing a major public health crisis as dangerous and illicit alcohol floods cities like Bulawayo. Among the most notorious is "njengu," a highly potent brew produced in makeshift backyard ...Published: 23 Nov 2024 at 12:53hrs | 205 | by Staff reporter
South Africa's big business wants spaza shop economy?
Major businesses across South Africa are looking to capitalise on the country's booming informal economy, with many companies licking their lips at an opportunity worth hundreds of billions of rands....Published: 22 Nov 2024 at 10:04hrs | 573 | by Staff reporter
Duo convicted of stealing sugar
Two Harare men, Enerst Gwetsai (30) of Glenview 1 and Forget Dzapasi of Glen Norah A, have been convicted by the Harare Magistrates Court for misleading customers by falsely labelling their sugar as 2...Published: 18 Nov 2024 at 15:03hrs | 121 | by Staff reporter
Mnangagwa says mineral-rich countries must not remain poor
As the world transitions toward renewable energy, Zimbabwe and other mineral-rich nations must not remain impoverished but should harness opportunities to drive sustainable growth, President Emmerson ...Published: 14 Nov 2024 at 09:24hrs | 100 | by Staff reporter
SEEDCO, ZRP warn culprits distributing counterfeit seeds
In the wake of 2024/25 farming season, certified seeds distribution and supply giant, SEEDCO Limited has joined hands with Zimbabwe Republic Police (ZRP) to thwart incidences of illegal selling of cou...Published: 13 Nov 2024 at 22:15hrs | 1040 | by Gideon Madzikatidze
Zimra goes after influencers, tourism players
The Zimbabwe Revenue Authority (Zimra) has initiated a comprehensive campaign to assess the tax compliance of various tourism stakeholders, including social influencers, as part of efforts to ensure a...Published: 08 Nov 2024 at 06:59hrs | 158 | by Staff reporter
Director's bid to defraud ZRP backfires
Langton Madara, director of Preperco Investments, has been ordered to perform 360 hours of community service after attempting to defraud the Zimbabwe Republic Police (ZRP) of US$1.6 million in a bond ...Published: 06 Nov 2024 at 06:50hrs | 109 | by Staff reporter
Zimbabwe's energy crisis deepens?
Zimbabwean businesses are once again counting the costs of electricity outages as low water levels at the Kariba Dam have resulted in reduced power generation while frequent breakdowns at the coal the...Published: 05 Nov 2024 at 08:27hrs | 3809 | by Staff reporter
If Smith was an oppressor, then what is Mnangagwa?
As I sit here, my work at a standstill due to the daily power outages we are experiencing in Zimbabwe, most times going for 15 hours or more a day, I can not help wondering.What has this suppo...Published: 30 Oct 2024 at 22:17hrs | 845 | by Tendai Ruben Mbofana
Fumvudza/ intwasa input scheme in disarray over US$300 million debt to suppliers
A government initiative aimed at providing free access to seed and fertilizer for communal farmers is encountering significant obstacles, as it has been revealed that the state owes suppliers more tha...Published: 30 Oct 2024 at 08:28hrs | 169 | by Staff reporter
Zimbabwe farmers push for localisation of tobacco beneficiation
The Tobacco Farmers Union Trust (TFUT) is calling for the localisation of tobacco beneficiation to help mitigate losses caused by adverse weather conditions and soaring production costs in Zimbabwe's ...Published: 28 Oct 2024 at 07:09hrs | 242 | by Staff reporter
Zimbabwe targets 7 sectors for import substitution
In a bid to reduce reliance on imports and boost local industry, Zimbabwe has identified seven key sectors for import substitution.The country's short-term manufacturing blueprint, the Zimbabw...Published: 24 Oct 2024 at 12:51hrs | 737 | 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 | 255 | by Staff reporter
Zera shuts down 73 unlicensed fuel stations
The Zimbabwe Energy Regulatory Authority (ZERA) has taken decisive action against unlicensed fuel stations, shutting down more than 70 facilities suspected of selling petroleum products from unauthori...Published: 20 Oct 2024 at 12:19hrs | 236 | by Staff reporter
Zimbabwe police names and shames drug barons - list
The Zimbabwe Republic Police names and shames the listed 32 drug barons and suppliers who were convicted by the courts throughout the country:- Admire Chamwaita (26), of Mfelandawonye, Beitbridge,...Published: 17 Oct 2024 at 18:07hrs | 2287 | by Staff reporter
Mnangagwa in Bulawayo for ZimTrade indaba
President Emmerson Mnangagwa arrived in Bulawayo yesterday, where he is set to officially open the ZimTrade Annual Exporters Conference today. The event, hosted at the Zimbabwe International Exhibitio...Published: 17 Oct 2024 at 08:50hrs | 110 | by Staff reporter
Zimbabwe govt says 'no shortages of basic commodities'
The Government has dismissed claims of shortages of basic commodities in the formal market, attributing the perceived scarcities to economic agents redirecting supplies to the informal sector. In a po...Published: 15 Oct 2024 at 08:28hrs | 166 | by Staff reporter
Global cement maker now in Zimbabwe
One of the world's top cement producers, Huaxin Cement Co. Ltd, has made a significant investment in Zimbabwe by committing US$15 million to build a new manufacturing plant in Mt Hampden. The plant, w...Published: 15 Oct 2024 at 08:25hrs | 492 | by Staff reporter
ZiG adjustment stabilises prices, claims Mthuli Ncube
The recent adjustment of the exchange rate between the Zimbabwe Gold (ZiG) currency and the United States dollar has successfully stabilised market prices, Finance, Economic Development and Investment...Published: 05 Oct 2024 at 11:29hrs | 166 | by Staff reporter
Harare City Council suppliers refuse ZiG payments
The Harare City Council is facing significant challenges in maintaining its operations following the recent devaluation of the Zimbabwean Gold (ZWG) currency, further hampering service delivery in the...Published: 03 Oct 2024 at 16:24hrs | 415 | by Staff reporter
'Situation at Harare Town House has reached another level'
Harare city councillors have expressed frustration over the lack of an effective communication system at Town House, which they believe has led to sensitive information being disseminated via social m...Published: 03 Oct 2024 at 08:55hrs | 544 | by Staff reporter
Zimbabwe's government: The biggest threat to its own currency
The Reserve Bank of Zimbabwe's (RBZ) recent decision to devalue the Zimbabwean Gold (ZiG) by 50% has left the nation reeling. Overnight, the currency's value plummeted from 14 to 23.4 against ...Published: 29 Sep 2024 at 15:25hrs | 3366 | 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 | 3970 | by Staff reporter
Zimbabwe central bank bites back
This year, authorities in Zimbabwe have recorded over 1,100 cases of debit card abuse linked to backstage black market dealers, highlighting the ongoing challenges of a protracted currency crisis. The...Published: 20 Sep 2024 at 09:35hrs | 6194 | by Staff reporter
Can Zimbabwe ZiG-zag away from the USD?
ZIMBABWE'S economy has suffered immensely since 2008, when inflation exceeded a million percent.Since then, the government has made six attempts to adopt a local currency, with the latest comi...Published: 13 Sep 2024 at 16:04hrs | 2771 | by Nkosi Moyo
US$ shortages on official market crippling ZiG acceptability
The Confederation of Zimbabwe Industries (CZI) warns that the ongoing US$ shortages on the official market could further undermine the ZiG currency, amid increasing calls for comprehensive reforms to ...Published: 12 Sep 2024 at 08:07hrs | 1876 | by Staff reporter
Prices soar as new Zimbabwean currency struggles
The launch of Zimbabwe's new currency, the Zimbabwe Gold (ZWG), has been marked by significant challenges, including a sharp rise in basic commodity prices. Since its introduction on April 5 at an exc...Published: 11 Sep 2024 at 09:03hrs | 1042 | by Staff reporter
Chinese investors elbow out local chrome miners
An investigation has revealed that the Zimbabwe Mining and Alloy Smelting Company (Zimasco) has replaced around 150 small-scale chrome miners with Chinese investors, raising concerns about discriminat...Published: 10 Sep 2024 at 07:27hrs | 206 | by Staff reporter
CCC councillors squander millions in shady water deals
The Harare City Council (HCC) is reportedly wasting US$300,000 per month on water treatment chemicals from third-party suppliers, despite having a US$5.4 million contract with South African company Na...Published: 06 Sep 2024 at 14:51hrs | 245 | by Staff reporter
ZERA in nationwide clampdown on contaminated fuel suppliers
The Zimbabwe Energy Regulatory Authority (ZERA) has issued a strong warning to service stations selling contaminated fuel as part of its intensified quality monitoring and testing campaign across the ...Published: 28 Aug 2024 at 10:17hrs | 155 | by Staff reporter
US$40,000 fraud trial continues
The trial of Harare businessman Michael Smith, accused of defrauding MA Auto Suppliers (trading as Mr Cruiser) of over US$38,000 and R124,000, continued with the State presenting three more witnesses....Published: 16 Aug 2024 at 08:11hrs | 120 | by Staff reporter
Reconciling nationality and the rainbow nation idea
IT seems dust never settles in Mzansi, the land of gold. Just a few weeks after an election that did not deliver an outright winner, the country is embroiled in what seems to be another identity...Published: 05 Aug 2024 at 07:07hrs | 75 | by Tapiwa Gomo
Black-listed govt suppliers face arrest
The Zimbabwean government is set to freeze the bank accounts of 51 suppliers blacklisted for illegal foreign currency dealings. Information, Publicity, and Broadcasting Services permanent ...Published: 03 Aug 2024 at 12:53hrs | 198 | by Staff reporter
Zimbabwe govt to mobilise stockfeed for rural farms
The government has announced that it is actively seeking funding to provide stockfeed to rural farmers as the ongoing drought continues to devastate the national herd, leaving livestock struggling to ...Published: 31 Jul 2024 at 10:53hrs | 522 | by Staff reporter
Finance Ministry blacklists 51 govt suppliers
The Treasury has blacklisted 51 government contractors for engaging in black market activities after receiving payments in local currency. Treasury boss Mthuli Ncube state...Published: 25 Jul 2024 at 12:48hrs | 863 | by Staff reporter
Mnangagwa's second republic of corruption and controversy
PRESIDENT Emmerson Mnangagwa's second republic, which he proclaimed when he came into office in November 2017 following a coup that ended long-time ruler Robert Mugabe's nearly four-decade rule, has b...Published: 21 Jul 2024 at 20:59hrs | 947 | by Gary Gerald Mtombeni
'Blacklisting contracted firms that fail to deliver'
Legislators have implored government to identify and blacklist companies that fail to deliver goods and services to government departments despite having won tenders and further accepted upfront payme...Published: 21 Jul 2024 at 13:33hrs | 411 | by Staff reporter
Harare faces water treatment chemicals shortage
Harare is at risk of a water crisis due to a shortage of treatment chemicals, stemming from unresolved payments to suppliers. The city council owes Chemplex Corporation approximately US$3 million for ...Published: 20 Jul 2024 at 11:56hrs | 32 | by Staff reporter
Fintechs fly planes of cash into Zimbabwe
At least once a month - and sometimes as often as three times a week - a private plane lands in a secure part of Robert Gabriel Mugabe International Airport on the outskirts of the Zimbabwean capital,...Published: 17 Jul 2024 at 17:11hrs | 6713 | by Staff reporter
Car dealers evade MPs over undelivered Zimbabwe govt vehicles
Parliament's public accounts committee has announced that car dealers who failed to deliver vehicles to government departments, despite receiving taxpayer funds, will be summoned to face MPs after mak...Published: 16 Jul 2024 at 13:08hrs | 571 | by Staff reporter
AG report exposes massive looting in Zimbabwe
Government may have lost millions of US dollars in the procurement of vehicles for various ministries, including the police, that were never delivered. Acting auditor general Rea Kujinga's rep...Published: 15 Jul 2024 at 16:36hrs | 295 | by Staff reporter
Zimbabwe power imports partly offset cuts
Zimbabwe can import up to 200MW from South Africa and two Mozambican suppliers to address its electricity shortfall caused by low water levels at Lake Kariba and reduced Zambezi River flows due to dro...Published: 15 Jul 2024 at 08:04hrs | 67 | by Staff reporter
Inside Mnangagwa govt's financial rot
A new report by Zimbabwe's acting Auditor-General, Rhea Kujinga, highlights significant financial mismanagement and non-compliance within various government ministries. Seven ministries failed to resp...Published: 13 Jul 2024 at 12:49hrs | 57 | by Staff reporter
Stanbic Bank named national winners for supporting Micro, SMEs in Zimbabwe
Leading financial services institution, Stanbic Bank has been named National Winner for supporting micro, small to medium enterprises in Zimbabwe by the Zimbabwe National Chamber of Commerce (ZNCC)....Published: 12 Jul 2024 at 10:35hrs | 126 | by Staff Reporter
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