BUSINESS NEWS

RBZ defends exchange rate system

Reserve Bank of Zimbabwe (RBZ) Deputy Governor Dr Innocent Matshe has dismissed claims that the central bank is manipulating the foreign exchange market, insisting that the willing-buyer willing-sell...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Zimbabwe civil servants falling prey to loan sharks

Thousands of Zimbabwean civil servants are falling prey to loan sharks, with some operating through the Salary Service Bureau (SSB) to directly access workers' salaries. A recent survey by Business Ti...

By Staff reporter | Published: 04 September 2025

OPINION

Zimbabwe's real problem isn't tinted windows

Only in Zimbabwe can a government decree be born in the morning and die by sundown. On Tuesday, Presidential Affairs secretary Tafadzwa Muguti thundered against tinted windows, ordering citizens to st...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Mombeshora warns private health facilities

Health and Child Care Minister Dr. Douglas Mombeshora has warned that private health facilities that fail to submit data on Mother-to-Child Transmission (MTCT) programs risk being shut down.He issued ...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Cash dependency threatens Zimbabwe's digital economy goals

Banking experts have warned that Zimbabwe's heavy reliance on cash is undermining the country's push towards a digital economy, despite widespread mobile penetration and modern payment infrastructure....

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Zimbabwe plans to compel vendors to use POS machines

The government is drafting a legal framework that would compel informal traders to use point-of-sale (POS) machines, in a move aimed at formalising the informal economy and broadening tax revenue coll...

By Staff reporter | Published: 04 September 2025

POLITICS

Ex-Zanu PF youth leader in court over land grab

Former Zanu PF youth leader Jimu Kunaka and his co-accused, Cuthbert Molisen Finiyasi, will spend the night in Harare Remand Prison after a magistrate deferred their bail application to tomorrow.Kunak...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Zimbabwean diaspora drives property boom

Zimbabweans living abroad are increasingly turning to real estate as a way to maintain ties with their homeland, according to recent market trends. In 2024, diaspora remittances to Zimbabwe rose to US...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

MPs slam ZINARA over financial leakages

Members of Parliament have condemned the Zimbabwe National Road Administration (ZINARA) following a damning Auditor-General's report that exposed serious financial leakages, corruption risks, and weak...

By Staff reporter | Published: 04 September 2025

POLITICS

Kasukuwere accuses Mliswa of betraying Mzembi

Former ZANU PF national political commissar and Generation 40 (G40) leader Saviour Kasukuwere has accused former Norton legislator Temba Mliswa of betraying exiled former Foreign Affairs Minister Walt...

By Staff reporter | Published: 04 September 2025

POLITICS

Jonathan Moyo slams attacks on Mabhiza

Former Cabinet Minister Professor Jonathan Moyo has condemned what he described as "outrageous and disgraceful" online attacks against Attorney General Virginia Mabhiza following her inclusion in Pres...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Zimbabwe sets 2030 deadline for mono-currency regime

The Reserve Bank of Zimbabwe (RBZ) has announced that the country is on course to adopt a mono-currency system by 2030, with the Zimbabwe Gold (ZiG) set to become the sole legal tender for all domesti...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

14 Chinese nationals arrested in Zimbabwe

Fourteen Chinese nationals were arrested on Tuesday morning in Harare after they were allegedly found in possession of cocaine.The group was apprehended at a lodge in the Newlands suburb, although pol...

By Staff reporter | Published: 04 September 2025

POLITICS

Mnangagwa joins global heavyweights in China

President Emmerson Mnangagwa on Wednesday joined 26 Heads of State and Government at Tiananmen Square in Beijing for commemorations marking the 80th anniversary of the victory in the Chinese People's...

By Staff reporter | Published: 04 September 2025

POLITICS

Mliswa denies role in 'selling out' Mzembi

Former Norton legislator Temba Mliswa has dismissed as "shameful lies" allegations that he tricked exiled former Foreign Affairs Minister Walter Mzembi into returning to Zimbabwe, where he was later a...

By Staff reporter | Published: 04 September 2025

BUSINESS NEWS

Masiyiwa among Times 100 AI Personalities of 2025

Zimbabwean billionaire Strive Masiyiwa has been recognised in the Times 100 AI Personalities of 2025, earning global acclaim for his ambitious push to democratise artificial intelligence access across...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

'Bombing' of Sikhala's home condemned

Human rights defenders have condemned the recent bombing of opposition leader Job Sikhala's Chitungwiza home, warning that it signals a renewed campaign of political persecution targeting government c...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Mnangagwa pushes rail and ICT deals in Beijing

President Emmerson Mnangagwa held high-level meetings with two major Chinese corporations in Beijing on Monday, advancing Zimbabwe's agenda to modernise infrastructure and accelerate digital transform...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Mukuru runs out of cash

Hundreds of recipients of diaspora remittances in Masvingo were left stranded on Monday after Mukuru, Zimbabwe's largest international money transfer agent, temporarily ran out of cash.Beneficiaries w...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Invictus granted national project status

Invictus Energy's flagship Cabora Bassa Project has been granted National Project Status (NPS) and secured a Petroleum Production Sharing Agreement (PPSA), positioning Zimbabwe as a rising player in A...

By Staff reporter | Published: 03 September 2025

POLITICS

Sekai Holland praises Chiwenga

Zimbabweans were offered insight into the military and nation-building achievements of Vice President Retired General Constantino Chiwenga during testimony by Hon. Sekai Holland at the 2019 Nation Bui...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Zanu-PF Central Committee rift deepens

Ruling Zanu-PF party commissar Munyaradzi Machacha has stated that businessman Kudakwashe Tagwirei is not yet a central committee member, contradicting earlier claims by party legal supremo Patrick Ch...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

ZB posts solid profit

Financial services group ZB Financial Holdings has reported a strong set of results for the half-year ended June 30, 2025, demonstrating resilience amid a challenging economic environment.The group's ...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Sugar tax harming Zimbabwe’s beverage industry

Zimbabwe’s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the country’s sugar content surtax on beverages is crippling local manufacturers and und...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Mutare cracks down on vendors

The City of Mutare is stepping up enforcement against street and night vendors as it prepares to host the Sanganai/Hlanganani World Tourism Expo from September 10-12, 2025. Mayor Simon Chabuka has ins...

By Staff reporter | Published: 03 September 2025
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