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85 000 Chinese nationals now living in Zimbabwe
I was astonished to hear the other day that there are now over 85 000 Chinese nationals living in Zimbabwe. I questioned this estimate and was told no, its real. What on earth are they doing here? The...Published: 9 hrs ago | 260 | by Eddie Cross
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2143 | by Staff reporter
Zimbabwe collects US$30,8m from sugar tax
The Zimbabwean government has reported collecting US$30.8 million from the special surtax on sugar content in beverages since the gazetting of Statutory Instrument 16 of 2024, the Customs and Excise (...Published: 14 Dec 2024 at 10:37hrs | 93 | by Staff reporter
Bulawayo City Council forced to revise 2025 budget
Following a heated meeting with business representatives, residents' associations, and other key stakeholders, the Bulawayo City Council (BCC) has been compelled to revise its proposed 2025 budget. Th...Published: 13 Dec 2024 at 09:32hrs | 123 | by Staff reporter
CBZ blocked from increasing FMHL stake
CBZ Holdings has confirmed that it will not proceed with its planned buyout of minority shareholders in First Mutual Holdings Limited (FMHL), following a decision by the Competition and Tariff Commiss...Published: 10 Dec 2024 at 06:52hrs | 209 | by Staff reporter
Trump suggests Canada should become the 51st US State
US President-elect Donald Trump has suggested that Canada should become the 51st US state unless it manages to halt the flow of illegal migrants and drugs across its border with the US, Fox News repor...Published: 03 Dec 2024 at 11:05hrs | 1478 | by Staff reporter
Parliament power outage exposed consequences of corruption and mismanagement
Two days ago, Zimbabwe once again found itself in the throes of an international embarrassment, this time at the heart of its legislative hub. During the presentation of the 2025 National Budg...Published: 01 Dec 2024 at 20:56hrs | 1363 | by Tendai Ruben Mbofana
Zanu-PF's Raj Modi interested in Choppies acquisition
Local trading firm Pin Tail Trading, which operates the Sai Mart retail chain, has expressed interest in acquiring Choppies Enterprises Limited's Zimbabwe operations. The leading supermarket chain rec...Published: 01 Dec 2024 at 08:54hrs | 3488 | by Staff reporter
South African commentator downplays Zimbabwe's giant steel plant's capabilities?
'It will just add to surplus capacity in the region, and the only way to safeguard against the commodity trade is to start adding value to the steel product itself' – Charles Dednam, South African I...Published: 01 Dec 2024 at 07:33hrs | 3456 | by Staff reporter
Trump threatens BRICS for trying to move away from the dollar
The BRICS nations will be hit with 100% tariffs on their goods if they try to introduce a reserve currency to rival the dollar, US President-elect Donald Trump has warned. Trump has repeatedly threate...Published: 30 Nov 2024 at 21:26hrs | 2568 | by Staff reporter
Choppies considers exiting Zimbabwe
Choppies Enterprises Limited has announced its intention to sell the business operations of its wholly-owned subsidiary, Nanavac (Pty) Ltd, trading as Choppies Zimbabwe, subject to discussions and reg...Published: 29 Nov 2024 at 18:26hrs | 6207 | by Staff reporter
Chinese debt threatens to switch off Zimbabwe's Hwange
Zimbabwe's industrial sector is on edge this week as concerns grow over the future of the Hwange Thermal Power Station, a critical asset for the country's beleaguered power grid. With power utility Ze...Published: 24 Nov 2024 at 10:14hrs | 11684 | by Staff reporter
Dutch firm sssures Bulawayo residents that water will not be privatised
Vitens Evides International (VEI), a Dutch water utility company, has reassured Bulawayo residents that its proposed framework for managing the city's water and sanitation services will not involve pr...Published: 21 Nov 2024 at 13:06hrs | 1815 | by Staff reporter
Security Guards petition Kazembe over poor salaries
The Zimbabwe Security Guards Union (ZISEGU) has called on the Minister of Home Affairs, Kazembe Kazembe, to urgently repeal Statutory Instrument 58/2024, which the union claims contributes to the low ...Published: 21 Nov 2024 at 06:36hrs | 853 | by Staff reporter
Zimbabweans to endure 6 more years with load shedding
The Zimbabwe Electricity Supply Authority (Zesa) is undertaking energy generation projects worth 3,000MW to eliminate load-shedding and achieve universal electricity access by 2030. The initiatives ar...Published: 20 Nov 2024 at 06:49hrs | 303 | by Staff reporter
'Trump Presidency to hurt Zimbabwe's trade, investments'
Zimbabwe's trade and investment prospects could face significant challenges following United States President-elect Donald Trump's proposed tariff policies, according to an analysis by FBC Securities....Published: 11 Nov 2024 at 07:13hrs | 2295 | by Staff reporter
Germans don't have enough paper for new elections
German's Electoral commission boss says carrying out 'printing orders' is a 'great challenge' amid collapse of Olaf Scholz's governmentEarly elections in Germany may not be possible because of...Published: 10 Nov 2024 at 13:22hrs | 483 | by Staff reporter
'Zimbabwe economy among the least free globally'
Zimbabwe's economy remains among the least free globally, according to the Fraser Institute's newly released Economic Freedom Country Audit Zimbabwe (EFCAZ). The Canadian public policy think-tank, ren...Published: 08 Nov 2024 at 07:02hrs | 666 | by Staff reporter
Why Kamala Harris Lost and How Donald Trump Won: A Deep Analysis of the 2024 US Election
Today I am mourning, but this too shall favour me - Donald Trump's victory and Kamala Harris's loss carry lessons for us all. She joined the race just 107 days ago, facing a former president who began...Published: 06 Nov 2024 at 12:43hrs | 1722 | by Ifeanyi Abraham
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
Commonwealth chief bids for Zimbabwe readmission despite rights abuses
Zimbabwe could be readmitted to the Commonwealth – despite concern over its human rights record – following support from Baroness Scotland, the organisation's controversial Secretary-General....Published: 03 Nov 2024 at 10:27hrs | 863 | by Staff reporter
Gweru makes it expensive to die
Residents of Gweru are expressing their outrage over the Gweru City Council's (GCC) proposed 2025 budget, which includes significant increases in cemetery fees, some rising by more than 100 percent. T...Published: 25 Oct 2024 at 08:47hrs | 373 | by Staff reporter
Potraz approves tariff increase for Zimbabwe telecoms sector
The Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) has approved a tariff adjustment for local telecommunications companies in response to the recent devaluation of the Zimbabw...Published: 21 Oct 2024 at 14:01hrs | 1726 | by Staff reporter
CTC to investigate surge of counterfeit toothpaste in Zimbabwe
The Competition and Tariff Commission (CTC) has announced an investigation into reports of counterfeit toothpaste products flooding the Zimbabwean market, citing potential serious health risks to cons...Published: 18 Oct 2024 at 08:42hrs | 195 | by Staff reporter
Zimbabwe's SADC Chairmanship offers new opportunities
Zimbabwe's chairmanship of the Southern African Development Community (SADC) offers a prime opportunity for local businesses to shape the regional economic agenda and benefit from the African Continen...Published: 18 Oct 2024 at 08:38hrs | 127 | by Staff reporter
Grid Africa secures R50 million Equity Investment from Rifuwo
Grid Africa has announced a major milestone with the successful acquisition of a R50 million equity investment from Rifuwo Energy Partners. This funding will significantly boost the company's efforts ...Published: 16 Oct 2024 at 15:42hrs | 238 | by Staff reporter
Cabinet speaks on power supply shortages amid prolonged blackouts
The Zimbabwean government has announced a series of measures to address the country's ongoing power supply shortages as extended daily blackouts continue to disrupt homes and businesses nationwide....Published: 16 Oct 2024 at 12:11hrs | 909 | by Staff reporter
Innscor booted out of Profeeds
Innscor Africa Limited has been ordered to divest from Profeeds after the Supreme Court ruled that the merger of Profeeds and National Foods created a near monopoly in the stockfeed industry.S...Published: 10 Oct 2024 at 13:11hrs | 2524 | by Staff reporter
Starlink rocks Zimbabwe market
The entry of SpaceX's Starlink into the Zimbabwean market is poised to shake up the telecommunications sector, potentially leading to significant changes in service delivery, cost structures, and over...Published: 11 Sep 2024 at 11:59hrs | 2990 | by Staff reporter
PPC Zimbabwe remits US$11,3m dividend to PPC SA
PPC Zimbabwe remitted R203 million (US$11.3 million) in dividends to its South African parent after a strong performance in the fiscal year ending March 31, 2024. The company's CEO, Matias Ca...Published: 11 Sep 2024 at 08:37hrs | 100 | by Staff reporter
Zimbabwe industries buckle under prohibitive power tariffs
Zimbabwe's industries have been severely affected by a sharp power tariff hike implemented in November, leading to a 15% rise in costs for mines and disrupting various sectors. The 44% tariff ...Published: 06 Sep 2024 at 14:45hrs | 115 | by Staff reporter
Hichilema to hike Zambian electricity prices by 156%?
Zambia's energy regulator is considering an application from the state-owned power utility to increase electricity tariffs by as much as 156% as an emergency measure to cover drought-induced losses....Published: 19 Aug 2024 at 10:52hrs | 7942 | by Staff reporter
Zimbabwe anticipating a significant power supply deficit
Zimbabwe is anticipating a significant power supply deficit, projected to reach up to 2,800 megawatts (MW) by the end of 2025, an increase from the current deficit of 500MW. This rise is driven by the...Published: 28 Jun 2024 at 14:54hrs | 5 | by Staff reporter
Bizarre tariffs cripple Zimbabwe power projects
In Harare, Zimbabwe, Gloria Magombo, the Permanent Secretary of the Ministry of Energy and Power Development, highlighted the challenges faced by the country's sub-economic tariffs in funding crucial ...Published: 20 Jun 2024 at 07:32hrs | | by Staff reporter
Brian Molefe smeared by Corruption Watch?
The Pretoria High Court on Friday, 07 June 2024, announced the withdrawal of the case brought by the Oppenheimer-funded Corruption Watch against former Eskom CEO Brian Molefe and several high-ranking ...Published: 08 Jun 2024 at 15:00hrs | 36 | by Staff reporter
Residents risk losing properties over unpaid bills
The Bulawayo City Council has warned that thousands of residents may lose their properties if they default on paying their bills.Over 2,000 households have already had their water supplies dis...Published: 21 May 2024 at 08:17hrs | 3 | by Staff reporter
Ministry clarifies nurse training requirements
PROSPECTIVE nurses require five Ordinary Level subjects, including English and Science, and these requirements have not changed since Statutory Instrument of 245 of 2000.There was speculation ...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Potraz to review tariffs
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) is considering adjusting tariffs in the sector to ensure sustainability.Speaking at a recent stakeholders' engagemen...Published: 09 Apr 2024 at 06:17hrs | 1 | by Staff reporter
Potraz mulls US$ indexed tariffs
THE Postal and Regulatory Authority of Zimbabwe (Potraz) is planning to index tariffs to the United States dollar to hedge against losses from exchange rate fluctuations resulting from an unstable loc...Published: 07 Apr 2024 at 10:15hrs | | by Staff reporter
Revised Starlink Policy for Sustainable Growth - A dedication to Eng. Chemist Siziba
Honorable Minister of Information Communication Technology, Postal and Courier Services, all protocols observed, please receive a request from a group of ...Published: 23 Mar 2024 at 07:04hrs | 58 | by Robert Ndlovu
Zesa struggling to clear debts
ZESA Holdings has revealed that it is barely managing to meet its foreign and local obligations owing to the country's tight economic situation.The utility is struggling to service a US$2 bill...Published: 20 Mar 2024 at 06:34hrs | | by Staff reporter
Zimbabwean man wins US$1m loan court challenge
A HARARE man has won a US$1 million Supreme Court loan challenge after a local company that he loaned US$900 000 tried to repay the loan in local currency.The applicant Brian Rodney Baron had ...Published: 19 Mar 2024 at 12:58hrs | 2 | by Staff reporter
Potraz clears air on Starlink
THE Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz) yesterday said its doors are open for Starlink to operate in Zimbabwe following an expression of interest by the United Stat...Published: 15 Mar 2024 at 07:10hrs | 1 | by Staff reporter
Zimbabwe govt warned over Starlink dithering
EXPERTS have cautioned the Zimbabwean government against impeding technological advancement as that will be akin to trying to stop the wind or hold something with greased hands.The warning com...Published: 10 Mar 2024 at 06:58hrs | 24 | by Staff reporter
Zimbabwe gold deliveries to Fidelity continue to decline
According to the latest official data, there has been a significant decrease in GOLD deliveries to Fidelity Printers and Refineries (FPR).Statistics from FPR indicate a 22% drop in gold delive...Published: 10 Mar 2024 at 06:28hrs | 4 | by Staff reporter
Zimbabwe to resubmit final tariff order for approval
ZIMBABWE is set to resubmit its final tariff order for technical verification to the secretariat of the African Continental Free Trade Area (AfCFTA) as it prepares to enter the second phase of the Gui...Published: 08 Mar 2024 at 05:11hrs | 1 | by Staff reporter
10 new IPPs to generate 271MW for Zimbabwe
ZIMBABWE has licenced 10 more independent power producers (IPPs) to start generating 271MW of electricity in the next 12 to 24 months under the Government project support agreement which now holds clo...Published: 04 Mar 2024 at 04:42hrs | | by Staff reporter
Zimbabwe treasury exposes abuse of sugar tax for profiteering
GOVERNMENT has condemned the abuse of the Beverages Sugar Content Tax and other tariff measures by some businesses that deliberately misinterpret clear policy propositions for profiteering while unjus...Published: 28 Feb 2024 at 06:27hrs | 1 | by Staff reporter
Starlink has not applied for operating licence in Zimbabwe
POSTAL and Telecommunications Regulatory Authority of Zimbabwe (Potraz) said internet service provider Starlink has not applied for an operating licence, amid allegations that the government intends t...Published: 26 Feb 2024 at 04:53hrs | 1 | by Staff reporter
Remains of 21 people exhumed in city
Remains of 21 people were exhumed from a housing development project site in Bulawayo's Killarney suburb before they were reburied at the city's Luveve cemetery.This was revealed in the latest...Published: 18 Feb 2024 at 13:54hrs | 1 | by Staff reporter
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