Latest News

MINING & RETAIL

Mines and Minerals Bill gazetted

The Mines and Minerals Bill (H.B. 1, 2025) has been officially gazetted, marking a significant step toward modernising Zimbabwe's mining legislation, which currently dates back to the colonial era.The...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Bravura to invest in Mashonaland West platinum

Mashonaland West province has received a significant boost to its rural industrialisation efforts with the announcement that Bravura Holdings Zimbabwe, a new platinum mining player, will establish ope...

By Staff reporter | Published: 25 June 2025

CONSTRUCTION & PROPERTY

Construction boom in Zimbabwe spurs growth for PPC

The construction sectors in Zimbabwe and South Africa are showing strong signs of sustained growth, creating favourable conditions for companies like Pretoria Portland Cement (PPC) to increase competi...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

IMF presses Zimbabwe to avoid money printing

The International Monetary Fund (IMF) has called on the Zimbabwean government to close its significant 2025 fiscal financing gap using sustainable and non-inflationary methods, warning against printin...

By Staff reporter | Published: 25 June 2025

POLITICS

Chombo is not dead

Former Minister of Finance Ignatius Chombo is alive and in good health, contrary to widespread rumours circulating on social media claiming he had died of prostate cancer. The clarification came from ...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Pambili seeks to raise C$1 million for Zimbabwe venture

Canadian-based exploration and development firm Pambili Natural Resources Corporation has announced plans to raise C$1 million through a non-brokered private placement on the TSX Venture Exchange. The...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Prison launches driving school at Chikurubi

The Zimbabwe Prisons and Correctional Services (ZPCS) has commissioned a new driving school at Chikurubi Training School, aimed at providing comprehensive driver training to correctional officers, inm...

By Staff reporter | Published: 25 June 2025

ZSE TODAY

ZSE Holdings moves to self-list on main board

The Zimbabwe Stock Exchange Holdings (ZSE Holdings) has officially published its pre-listing statement, confirming its much-anticipated move to self-list on the Zimbabwe Stock Exchange (ZSE) Main Boar...

By Staff reporter | Published: 25 June 2025

ZSE TODAY

VFEX turnover jumps 117%

The Victoria Falls Stock Exchange (VFEX) registered a significant 117% surge in turnover to US$58.51 million in the first quarter of 2025, underpinned by rising demand for US dollar-denominated assets...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Dr Guramatunhu loses in cryptocurrency scam

Renowned ophthalmologist Dr Solomon Guramatunhu has reportedly lost more than US$583,000 in a cryptocurrency scam allegedly orchestrated by a business associate and her husband, a Harare court heard y...

By Staff reporter | Published: 25 June 2025

ZIMBABWE

Zimra surpasses revenue target by 10%

The Zimbabwe Revenue Authority (Zimra) has exceeded its 2024 revenue collection target by 10.26%, raking in ZWG116.47 billion against a projected ZWG105.63 billion, according to its latest annual repo...

By Staff reporter | Published: 25 June 2025

POLITICS

Zanu-PF popularity declines in Mashonaland West

The ruling Zanu-PF party's popularity appears to be waning in Mashonaland West Province, with low turnout and growing discontent surfacing during the ongoing cell verification exercise meant to prepar...

By Staff reporter | Published: 25 June 2025

MINING & RETAIL

Caledonia finds high-grade gold results from Blanket Mine

Jersey-registered Caledonia Mining Corporation has reported promising high-grade results from its ongoing resource expansion drilling programme at its flagship Blanket Mine in Zimbabwe, as the company...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Zimbabwe initiates process to join BRICS bloc

Zimbabwe has formally initiated its process to join the BRICS grouping of emerging economies, following high-level diplomatic discussions held in the capital between Foreign Affairs and International ...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Bulawayo-Victoria Falls road reconstruction begins

The Government has launched the long-anticipated reconstruction of the 435-kilometre Bulawayo-Victoria Falls Road, a vital economic and tourism corridor, with expectations that the project will create...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

SDA Church shares major update on Chegutu University project

The Seventh-day Adventist (SDA) Church has announced that its new university in Chegutu, Mashonaland West, will welcome its first students in January 2026. Named Great Height University, the upcoming ...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Online investment scam backfires for EcoCash agents

An attempt to make quick profits through an online investment scheme ended disastrously for two Mutare women who were convicted of fraud after misusing their employer's US$1,500. The crime came to lig...

By Staff reporter | Published: 25 June 2025

BUSINESS NEWS

Zimbabwe gazettes new capital requirements for insurance industry

The Zimbabwean government has gazetted new minimum capital requirements in United States Dollars for players in the insurance sector, a move aimed at strengthening the financial soundness and operatio...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Zimbabwe's online visa system now fully operational

Zimbabwe's Online Border Management System (OBMS) is now fully operational, ushering in a new era of digitised immigration services that allow travellers to apply for visas and complete border formali...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Bulawayo company pioneers dust suppression breakthrough

In a significant stride towards sustainable industrialisation, Bulawayo-based manufacturing firm, Chemical Technology Africa (CTA), has unveiled an innovative solution to combat air pollution caused b...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

ZRP refutes rations stealing reports

The Zimbabwe Republic Police (ZRP) has dismissed media reports claiming that senior officers have been stealing food rations meant for junior officers, describing the allegations as unverified and cal...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Beitbridge Councillors suspend Mayor over incompetence

Tensions reached a boiling point at Beitbridge Town Council on Monday evening as Councillors passed a vote of no confidence in Mayor Peter Pirato Mafuta, accusing him of incompetence, dereliction of d...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Massive fire guts Steelworks Industrial yard in Bulawayo

A towering blaze tore through the Steelworks Industrial area in Bulawayo on Thursday afternoon, destroying property estimated to be worth millions of dollars and leaving a trail of devastation.The inf...

By Staff reporter | Published: 24 June 2025

TRANSPORT & TOURISM

France's Accor enters Zimbabwe's hospitality industry

FRENCH multinational hospitality company, Accor SA, has entered the local market after signing Notovel Victoria Falls Hotel, a landmark project in the resort city.Accor is considered the largest hospi...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Mnangagwa set for Mozambique Golden Jubilee celebrations

President Emmerson Mnangagwa will tomorrow join fellow Heads of State and Government at Machava Stadium in Maputo for Mozambique's Golden Jubilee, marking 50 years since the country's independence fro...

By Staff reporter | Published: 24 June 2025
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