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BUSINESS NEWS

Govt backs Bulawayo's Khumbul'Ekhaya Investment drive

The government has thrown its support behind Bulawayo's Khumbul'Ekhaya Investment initiative, a programme designed to attract both local and diaspora investors to help revive the city's struggling eco...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Mthuli Ncube admits economic chaos

The government has admitted that companies in Zimbabwe often make more money operating outside the law than when complying with regulations, in a rare acknowledgement of a system that punishes honesty...

By Staff reporter | Published: 01 August 2025

POLITICS

Court delays ConCourt referral bid in Blessed Mhlanga, HStv case

Harare magistrate Sheunesu Matova has delayed a bid by journalist Blessed Mhlanga and Heart & Soul TV (HStv) to have their case referred to the Constitutional Court, granting State prosecutors mor...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Kariba Dam rehabilitation nears completion

The Zambezi River Authority (ZRA) has successfully completed a critical "test on completion" under the ongoing Kariba Dam Rehabilitation Project (KDRP), marking a major milestone in efforts to secure ...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Mthuli Ncube commits to easing business costs

Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Zimra prosecutes over 50 employees over corruption

Zimbabwe's tax authority says it has prosecuted more than 50 employees for corruption during the first seven months of 2025 and suspended 306 since 2016 - part of a sweeping purge sparked by lifestyle...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Uproar over controversial NSSA boss appointment

The government has ignited a fresh storm at the National Social Security Authority (Nssa) after bypassing two top-performing candidates for the position of general manager (GM) and appointing a lower-...

By Staff reporter | Published: 01 August 2025

MINING & RETAIL

Zimbabwe miners weather power crisis

Zimbabwe's mining industry says it has largely been shielded from the worst of the country's electricity shortages thanks to a targeted power rationing strategy that prioritises the sector. But operat...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Illegal logging costs Zimbabwe millions

Deep in the misty Eastern Highlands, along the Zimbabwe–Mozambique border, the whine of chainsaws has replaced the natural chorus of birdsong. Towering indigenous and exotic trees, some centuries ol...

By Staff reporter | Published: 01 August 2025

ZIMBABWE

Zimbabwe's rebasing pushes GDP to US$45,7bn

The government's recent rebasing of Zimbabwe's economy has lifted its gross domestic product (GDP) valuation to US$45,7 billion and gross national income (GNI) per capita above US$3 000 - even as ...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Court dismisses claim to Mugabe estate

The High Court has dismissed an application by Tonderayi Gabriel Mugabe, who claimed to be the son of the late former President Robert Gabriel Mugabe, in his bid to reopen the former leader's estate.T...

By Staff reporter | Published: 01 August 2025

SOCCER

Dynamos boost player bonuses, hire psychologists

Facing the real threat of Castle Lager Premier Soccer League relegation, Dynamos have moved to boost morale and performance by increasing player winning bonuses by more than 300% and hiring sports psy...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

High Court to hear bid to block Borrowdale office complex

The High Court will urgently hear an application by Trauma Centre Hospital and a Borrowdale resident seeking to halt the construction of large office buildings in the upmarket residential suburb.The m...

By Staff reporter | Published: 01 August 2025

POLITICS

Zimbabwe Prosecutor General decries widespread corruption

Prosecutor-General Loyce Matanda-Moyo has issued a scathing condemnation of rampant corruption in Zimbabwe, warning that the scourge is robbing citizens of critical services and crippling national dev...

By Staff reporter | Published: 01 August 2025

POLITICS

Zanu-PF warns affiliates

ZANU-PF Manicaland provincial chairperson Tawanda Mukodza has issued a stern warning to party members to be vigilant against shadowy affiliate groups allegedly infiltrating the ruling party to foment ...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Zimbabwe govt mulls fresh taxes

Finance Minister Mthuli Ncube yesterday unveiled plans to impose new taxes, despite growing resistance from businesses and taxpayers who argue that Zimbabwe's current tax burden is already suffocating...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Zimbabwe govt to slash ZBC radio fees

After months of mounting pressure from citizens and lawmakers, the Zimbabwean government is set to reduce the cost of Zimbabwe Broadcasting Corporation (ZBC) radio and television licence fees, with a ...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Harare shuts down 121 businesses in CBD crackdown

The Harare City Council has shut down 121 businesses in the central business district (CBD) in an intensified campaign targeting non-compliant operations. The crackdown, now in its second day, follows...

By Staff reporter | Published: 31 July 2025

ZIMBABWE

Zimbabwe's debt stock hits US$21.5 billion

Zimbabwe's total public debt has surged to US$21.5 billion as of March 2025, an increase of about US$1 billion from the same period last year. The growing debt burden continues to undermine the countr...

By Staff reporter | Published: 31 July 2025

OPINION

Chiwenga, Tagwirei tiff is not a fragmentation of Zanu-PF

It's unfortunate that whenever we speak, we're quickly dismissed as immature, but you all ain't reading this one right. What is unfolding between Chiwenga and Tagwirei is not a fragmentation of ZANU-P...

By Charline P Chikomo | Published: 31 July 2025

ECONOMC INDICATORS

Mthuli Ncube declares surplus despite only 35% of budget spent

Finance and Economic Development Minister Mthuli Ncube on Thursday declared a budget surplus of ZWG3.3 billion for the first half of 2025, despite revealing that just 35.5% of the approved National Bu...

By Staff reporter | Published: 31 July 2025

ZIMBABWE

First Mutual to list Zimbabwe's first gold ETF

First Mutual Holdings Limited (FMHL) is poised to launch Zimbabwe's first-ever Gold Exchange Traded Fund (ETF) on the Victoria Falls Stock Exchange (VFEX) in the second half of 2025, following the rec...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Zimbabwe police officers receive drone pilot certificates

The Zimbabwe Republic Police (ZRP) has stepped up its technological capabilities, introducing drone operations as part of its crime-fighting arsenal.On Thursday, 27 police officers were awarded drone ...

By Staff reporter | Published: 31 July 2025

POLITICS

Mnangagwa demands accountability

President Emmerson Mnangagwa has directed government departments and programme coordinators to produce detailed, province-by-province reports on the impact of the Presidential empowerment funds disbur...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Zimbabwe inflation surges to 95.8%

Zimbabwe's inflationary strain deepened in July, with annual inflation accelerating to 95.8%, up from 92.5% in June, underlining the fragility of the country's monetary framework despite tighter polic...

By Staff reporter | Published: 31 July 2025
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