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INDUSTRIALS & ENERGY

Edgars turns to mass market and local supply

Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...

By Staff reporter | Published: 20 June 2025

FINANCIAL SERVICES

Fresh details on collapsed US$2,5bn CBZ bid emerge

An ambitious plan by CBZ Holdings to create Zimbabwe's largest financial services powerhouse has collapsed after the Competition and Tariff Commission (CTC) imposed a series of restrictive conditions ...

By Staff reporter | Published: 20 June 2025

MINING & RETAIL

Prospectors slam Zimbabwe's 'secretive' Mines and Minerals Bill

Zimbabwe's long-anticipated Mines and Minerals Bill is under fresh scrutiny, with industry stakeholders warning that the proposed legislation remains opaque, exclusionary, and dangerously susceptible ...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe govt faces backlash over new seed treatment rule

Zimbabwe's major seed producers have raised serious concerns over a new government regulation that mandates chemical treatment of all certified maize seed, warning that the move could sharply increase...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Job losses plague Zimbabwe's retail, mining sectors

Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...

By Staff reporter | Published: 20 June 2025

POLITICS

Zimbabwe ministers, top officials loot broke parastatals

Senior government officials, including cabinet ministers, permanent secretaries, and directors, are siphoning millions of dollars from state-owned enterprises to finance extravagant lifestyles, in a g...

By Staff reporter | Published: 20 June 2025

POLITICS

Tagwirei secures seat in Zanu-PF central committee

Business tycoon Kudakwashe Tagwirei has officially stepped into the political spotlight after securing a seat in the ruling Zanu-PF's influential Central Committee, further fuelling speculation that h...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Mushayavanhu under fire for outdated monetary assumptions

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

IMF withholds Zimbabwe reform programme

The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

University of Zimbabwe drives research for HIV cure

The University of Zimbabwe Clinical Trials Research Centre (UZ-CTRC) is intensifying its efforts to find a cure for HIV, as Zimbabwe works towards its ambitious goal of eliminating HIV as a public hea...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe's POSB introduces instant payday loan

The People's Own Savings Bank (POSB) has unveiled a groundbreaking financial solution designed to bring speed, flexibility, and financial dignity to Zimbabweans across the country - the POSB Payday Lo...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe govt equips 25 rural hospitals with medical equipment

The Government has distributed anaesthetic and digital X-ray machines to 25 rural district hospitals across Zimbabwe as part of a broader initiative to enhance healthcare service delivery in remote ar...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe completes Commonwealth re-admission steps

Zimbabwe has successfully completed all the procedural steps required for re-admission into the Commonwealth and is now awaiting further direction from the organisation's secretariat, a senior governm...

By Staff reporter | Published: 20 June 2025

POLITICS

Mnangagwa approves key appointments

President Emmerson Mnangagwa has approved a series of high-level appointments and promotions aimed at enhancing the effectiveness of the Zimbabwe Independent Complaints Commission (ZICC), a constituti...

By Staff reporter | Published: 20 June 2025

MINING & RETAIL

Promising gold discovery near Bulawayo

London-listed Kavango Resources Plc has announced the discovery of a series of significant gold intercepts at its flagship Hillside Gold Project near Bulawayo, further boosting Zimbabwe's profile as a...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

CZI sounds alarm over substandard goods in Zimbabwe

 The Confederation of Zimbabwe Industries (CZI) has raised concern over the continued flood of substandard and mispriced goods entering the country, despite the existence of the Consignment-Based...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe's sugar giant gets rescue deal

A consortium of Zimbabwean and Pakistani investors has officially taken over Tongaat Hulett Zimbabwe, offering renewed optimism for one of Zimbabwe's most strategic agro-industrial players. The acquis...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwean teachers take salary dispute to ILO

Zimbabwean teachers have escalated their long-standing labour dispute with the government to the International Labour Organisation (ILO), citing deteriorating working conditions, low pay, and continue...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

IMF says Zimbabwe's economy has made significant progress

The International Monetary Fund said Zimbabwe's economic progress represents a "regime change," but declined to say if or when the Washington-based lender would grant it a staff-monitored program.Wojc...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

10 survive aircraft crash in Kanyemba

Ten people miraculously escaped unhurt after a light aircraft crash-landed at Kanyemba Airstrip in Mbire District on Wednesday evening. The aircraft, which was en route from Harare to Kafuko Safaris i...

By Staff reporter | Published: 19 June 2025

EDUCATION

Zimbabwe makes major step in disease outbreak detection

 Zimbabwe has taken a decisive step towards enhancing its ability to detect and respond to public health threats with the launch of its National Event-Based Surveillance (EBS) Guidelines on Thurs...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

CVR online scams on the rise

The Ministry of Transport and Infrastructural Development has raised the alarm over a surge in online scams targeting citizens seeking services from the Central Vehicle Registry (CVR). In an official ...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Zimbabwe gold reserves rise to 3.4 metric tonnes

President Emmerson Mnangagwa today inspected the Reserve Bank of Zimbabwe (RBZ) vaults, where he was briefed on the status of the country's national gold reserves, which now stand at an impressive 3.4...

By Staff reporter | Published: 19 June 2025

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
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