BUSINESS NEWS

RioZim in eye of financial misconduct, fraud storm

Mining giant RioZim Limited is at the centre of a deepening scandal as allegations of financial misconduct, asset stripping, and systematic fraud continue to surface. According to sources familiar wit...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Mnangagwa inspects Zimbabwe's gold reserves

President Emmerson Mnangagwa on Thursday morning conducted a high-profile inspection of Zimbabwe's gold reserves held in the Reserve Bank of Zimbabwe (RBZ) vaults, following his directive for the coun...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

US resumes student visas but orders enhanced social media vetting

The US State Department says it will resume scheduling appointments for international student visas, but will ask all applicants to make their social media accounts public for enhanced screening.Offic...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Council in bond paper scandal

Karoi Town Council is at the centre of a damning procurement scandal after it emerged that the local authority ordered safety equipment worth US$1,100 but instead received bond paper in what lawmakers...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Explosive corruption report handed to Mnangagwa

A political firestorm is erupting at Town House following the submission of a damning report to President Emmerson Mnangagwa, which exposes endemic corruption, systemic mismanagement, and the virtual ...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Harare finalises Master Plan

Harare City Council is on the brink of finalising a comprehensive new master plan, a pivotal development set to reshape the capital's urban landscape and bring order to decades of fragmented growth. T...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Mukuru named among top cross-border payment providers

Mukuru, a leading next-generation financial services platform, has once again secured its position among the world's most influential cross-border payment providers, earning a spot on the 2025 FXC Int...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Mthuli Ncube under pressure to ease tax burden

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube is facing mounting pressure from business leaders and economists to overhaul Zimbabwe's tax regime, with demands ...

By Staff reporter | Published: 19 June 2025

POLITICS

Mzembi welcome to rejoin Zanu-PF

The ruling Zanu-PF party has expressed willingness to readmit former Foreign Affairs Minister Walter Mzembi, currently in custody, should he choose to rejoin and fulfill all party requirements.Mzembi,...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Zimbabwe asks South Africa to back G-20 debt overhaul

Zimbabwe has asked South Africa to help garner support for its debt to be revamped under the Group of 20's Common Framework, a step that could restore its access to international capital markets for t...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Private sector, experts hail Zimra's TaRMS tax regime

Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Zimbabwean communities raise alarm over lithium mining impacts

As global demand for lithium surges to power electric vehicles and household solar batteries, the scramble for Zimbabwe's rich lithium deposits is exposing deep-rooted tensions between economic intere...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Prophet Magaya faces estate liquidation

Prominent cleric and founder of Prophetic Healing and Deliverance (PHD) Ministries, Walter Magaya, is facing the possible liquidation of his estate after allegedly failing to settle a US$420,140 debt ...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Lecturer strike at UZ deepens

The Association of University Teachers (AUT) has accused the University of Zimbabwe (UZ) of deliberately stalling wage negotiations while exploiting the labour of part-time staff brought in to replace...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Zimbabwe removed from global hunger hotspot list

Zimbabwe has been removed from the global list of hunger hotspots, a major development signalling early signs of recovery from the catastrophic El NiƱo-induced drought that gripped the region over th...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Midlands empowerment seminar turns sour

A national youth empowerment seminar held in Gweru from June 12 to 14 has drawn outrage from participants, who allege they were subjected to abuse, neglect, and broken promises by organisers of the ev...

By Staff reporter | Published: 19 June 2025

POLITICS

Mawarire accuses Mnangagwa of 'monetising problems'

President Emmerson Mnangagwa's surprise visits to Parirenyatwa and Sally Mugabe Hospitals, as well as the NatPharm warehouse on Monday, June 16, have sparked a storm of controversy, with former Natio...

By Staff reporter | Published: 18 June 2025

BUSINESS NEWS

Stallion Cruise's Alice Pote dies at 33

Zvishavane has been plunged into mourning following the untimely death of prominent business executive and entrepreneur, Alice Pote, who passed away on Monday at the age of 33.Pote, who served as the ...

By Staff reporter | Published: 18 June 2025

BUSINESS NEWS

Zimbabwe inches closer to 300m kg tobacco milestone

Tobacco farmers in Zimbabwe have demonstrated remarkable resilience and productivity, setting a new national record in tobacco production with sales exceeding 299 million kilograms in the 2024 marketi...

By Staff reporter | Published: 18 June 2025

EDUCATION

Veteran journalist earns PhD

Limukani Ncube, former editor of Sunday News and one of Zimbabwe's most senior journalists with 27 years of experience, yesterday graduated with a PhD from the University of South Africa (Unisa) under...

By Staff reporter | Published: 18 June 2025

BUSINESS NEWS

Chamisa berates Chivayo's cancer machines tender

Former opposition leader Nelson Chamisa has sharply criticised the government's decision to award a lucrative tender for cancer treatment machines to Wicknell Chivayo, a known ZANU PF member and busin...

By Staff reporter | Published: 18 June 2025

BUSINESS NEWS

'Zimbabwe gold-backed currency stable' but ...

Zimbabwe's gold-backed currency now has more than 100% reserve cover and is stable, according to the central bank, but doubts over its credibility remain, underscored by a persistent premium in the pa...

By Staff reporter | Published: 18 June 2025

POLITICS

Govt signals support for Chivayo's US$400m medical supply bid

The Zimbabwean government appears to be giving tacit approval to businessman Wicknell Chivayo's bid to supply over US$400 million worth of medical drugs and cancer treatment equipment, despite public ...

By Staff reporter | Published: 18 June 2025

BUSINESS NEWS

Mnangagwa meets UK Minister for Africa

The United Kingdom's Minister for Africa, Lord Collins of Highbury, is scheduled to meet President Emmerson Mnangagwa today at State House in Harare.The high-level courtesy call signals a continued wa...

By Staff reporter | Published: 11 June 2025

BUSINESS NEWS

Outdated policies hindering SMEs growth in Zimbabwe

There is growing urgency for Zimbabwe to overhaul its legal and policy framework governing small and medium enterprises (SMEs) to protect them from the looming threat of regional competition, particul...

By Staff reporter | Published: 11 June 2025
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