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BUSINESS NEWS

Court strikes Tshabangu appeal off the roll

The Supreme Court has struck off the roll appeals filed by self-styled Citizens Coalition for Change (CCC) interim secretary-general Sengezo Tshabangu and the Speaker of the National Assembly, who wer...

By Staff reporter | Published: 16 May 2025

POLITICS

Mnangagwa offers Lukashenko minerals

President Emmerson Mnangagwa has extended an invitation to Belarusian President Aleksandr Lukashenko to explore Zimbabwe's vast mineral wealth, as part of efforts to revive the country's struggling ec...

By Staff reporter | Published: 16 May 2025

BUSINESS NEWS

Zimbabweans escaping economic hardship trapped in the UK care visa crackdown

Zimbabwean professionals seeking a way out of their country's prolonged economic crisis are facing fresh hurdles as the UK government moves to permanently scrap care worker visas, a route many had use...

By Staff reporter | Published: 16 May 2025

FINANCIAL SERVICES

ZB launches twin digital solutions to modernise Zimbabwe's payment landscape

Financial services provider ZB Financial Holdings (ZBFH) has unveiled two new digital platforms, Smile Cash and Smile&Pay, in a move aimed at deepening financial inclusion and modernising Zimbabwe...

By Staff reporter | Published: 15 May 2025

FINANCIAL SERVICES

ZB Financial Holdings posts ZiG261.94 million profit

ZB Financial Holdings (ZBFH) has posted a strong financial performance in the first quarter of 2025, recording a profit after tax of ZiG261.94 million, underpinned by effective cost containment strate...

By Staff reporter | Published: 15 May 2025

CONSTRUCTION & PROPERTY

Zimbabwe to get first dollar-listed REIT as property heats up

Zimbabwe is set to get its first dollar-denominated real estate investment trust listing on Friday, as demand for property stocks grows.Eagle REIT is seeking to raise $62 million from the listing on Z...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

'Private sector key to Zimbabwe's energy transformation'

Zimbabwe is positioning the private sector as a central player in its quest for a sustainable, reliable, and inclusive energy future, government officials have emphasized.At the ongoing National Energ...

By Staff reporter | Published: 15 May 2025

MINING & RETAIL

Struggling RioZim seeks US$200m reboot capital

RioZim, a diversified resource company listed on the Zimbabwe Stock Exchange (ZSE), urgently requires an estimated US$200 million in fresh capital to resuscitate its struggling mining operations, acco...

By Staff reporter | Published: 15 May 2025

INDUSTRIALS & ENERGY

Dairibord records 18% quarterly revenue jump

Dairibord Holdings, a key player in Zimbabwe's dairy industry, reported an 18 percent increase in revenue to US$31.3 million for the first quarter ending 31 March 2025, despite facing significant envi...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

ZITF CEO receives his Toyota Landcruiser from Chivayo

Zimbabwe International Trade Fair (ZITF) Company chief executive officer Dr Nicholas Ndebele was left speechless yesterday after receiving a brand-new 2025 Toyota Land Cruiser 300 series VXR, valued a...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

Gwanda to introduce paid parking in CBD

Gwanda Municipality is set to introduce paid parking in the Central Business District (CBD) as part of its efforts to maintain order and improve revenue collection in the mining town.This move comes a...

By Staff reporter | Published: 15 May 2025

TELECOMS & TECHNOLOGY

Zimbabwe emerges as hotspot for scalable fintech solutions

Zimbabwe is rapidly positioning itself as a fertile ground for scalable Financial Technology (fintech) innovations, with leading local financial institutions at the forefront of this transformation. B...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

Zimbabwe steps up domestic HIV/Aids funding drive

The Government of Zimbabwe is intensifying efforts to mobilize domestic resources to sustain HIV and AIDS prevention programs following significant cuts in international funding, Health and Child Care...

By Staff reporter | Published: 15 May 2025

ZSE TODAY

ZSE launches AI-enabled data direct platform

The Zimbabwe Stock Exchange Limited (ZSE) has unveiled Data Direct, a new artificial intelligence (AI)-enabled platform designed to improve access to comprehensive market data as part of its digital t...

By Staff reporter | Published: 15 May 2025

INDUSTRIALS & ENERGY

Govt owes Zisco pensioners US$38m

The Ministry of Finance, Economic Development and Investment Promotion is reportedly in arrears of US$38.7 million owed to former ZiscoSteel workers, according to a damning report by Parliament's Port...

By Staff reporter | Published: 15 May 2025

POLITICS

Zacc warns corrupt school heads

The Zimbabwe Anti-Corruption Commission (ZACC) has sounded the alarm over a surge in cases of financial misconduct in schools, implicating school heads and School Development Committee (SDC) chairpers...

By Staff reporter | Published: 15 May 2025

POLITICS

CCC factions reject Tshabangu's GNU with Zanu-PF

Deepening divisions within the Citizens Coalition for Change (CCC) have erupted over a controversial proposal by self-proclaimed secretary-general Sengezo Tshabangu to extend President Emmerson Mnanga...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

Zimbabwe's green economy drive gets support

Zimbabwe's bold shift toward a green economy has received strong backing from lawmakers and international development partners, as the nation ramps up efforts to tackle the effects of climate change a...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

Bulawayo tops crime charts amid surge in daylight robberies

Bulawayo residents have raised alarm over a growing wave of daylight robberies, as new crime statistics reveal the city now leads the country in reported criminal activity.Victims and eyewitnesses say...

By Staff reporter | Published: 15 May 2025

TELECOMS & TECHNOLOGY

Zimbabwean villagers climb mountains to make phone calls

Villagers in Nekavandama, Ward 12 of Hwange District, are enduring extreme hardships to access mobile phone network coverage, often scaling mountains and climbing trees in areas infested with wild ani...

By Staff reporter | Published: 15 May 2025

POLITICS

Court dismisses bid to reverse CCC activists' acquittal

The High Court on Monday dismissed an application by the Prosecutor-General seeking to overturn a default judgment that had cleared Citizens Coalition for Change (CCC) Chirumanzu South 2023 parliament...

By Staff reporter | Published: 15 May 2025

EDUCATION

University students urged to drive innovation

Masvingo Provincial Affairs and Devolution Minister, Ezra Chadzamira, has called on university students to embrace innovation and transform research into viable business ventures that can drive Zimbab...

By Staff reporter | Published: 15 May 2025

BUSINESS NEWS

Mnangagwa secures deal to reconstruct Parirenyatwa hospital

President Emmerson Mnangagwa has secured a landmark deal with Belarus that will see the overhaul of Zimbabwe's health sector, beginning with the reconstruction and capacitation of the Parirenyatwa Gro...

By Staff reporter | Published: 14 May 2025

TELECOMS & TECHNOLOGY

EcoCash launches international money transfers from Zimbabwe

EcoCash, Zimbabwe's largest and leading fintech platform, has launched a new international money transfer service that allows customers to send money from Zimbabwe to several other countries.In a stat...

By Staff reporter | Published: 14 May 2025

BUSINESS NEWS

Battle over new NSSA boss intensifies

The fight to appoint a new general manager for Zimbabwe's US$1.2 billion National Social Security Authority (NSSA) has descended into a chaotic and politically charged standoff, marked by corruption a...

By Staff reporter | Published: 14 May 2025
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