BUSINESS NEWS

Sakupwanya's company controversially paid US$4.2m for fuel

Zimbabweans reacted with anger and disbelief after it emerged that the Ministry of Finance authorised a US$4.2 million payment to Betterbrands Petroleum, a company owned by Zanu PF legislator Scott...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Lake Kariba water levels rising

Water levels in Lake Kariba have shown a modest but encouraging rise, providing cautious optimism for improved hydropower generation in Zimbabwe and Zambia.According to the latest update from the Zamb...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

New high-quality ZiG banknotes on the way

The Reserve Bank of Zimbabwe (RBZ) is set to introduce a new series of improved Zimbabwe Gold (ZiG) banknotes in denominations of ZiG10, ZiG20, ZiG50, ZiG100, and ZiG200, Governor John Mushayavanhu ha...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Zimbabwe's monthly trade deficit widens to US$228 million

Zimbabwe recorded a trade deficit of US$228 million in March 2025, marking a significant increase from US$217.9 million in February and US$185.9 million in March 2024. The latest figures released by t...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Half of Zimbabwean men unmarried

Nearly half of Zimbabwean men aged between 15 and 49 years have never been married, according to the latest data released by the Zimbabwe National Statistics Agency (ZimStat). This statistic was revea...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Zimbabwe assumes ILO Conference presidency

Zimbabwe has marked a significant milestone on the global stage by assuming the presidency of the 113th Session of the International Labour Conference (ILC) currently underway in Geneva, Switzerland.I...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Chimombe, Mpofu fraud case takes a new twist

The high-profile fraud trial involving businessmen Moses Mpofu and Mike Chimombe took an unexpected turn on Monday after the former Permanent Secretary in the Ministry of Agriculture, John Basera, con...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Mnangagwa's govt wins Trabablas land dispute

 The High Court has ruled in favour of the State in a high-profile land dispute, reaffirming the legal precedence of public infrastructure development over individual property claims when fair co...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

RBZ applauds declining inflation

The Reserve Bank of Zimbabwe (RBZ) has lauded the continued decline in monthly inflation as a key indicator of growing economic stability, with both local and foreign currency-denominated prices showi...

By Staff reporter | Published: 03 June 2025

POLITICS

Zimbabwe's Air Force crisis exposed

In August 2021, President Emmerson Mnangagwa experienced a harrowing emergency when his VIP helicopter crash-landed at a farm in Sandringham, approximately 64 kilometres southwest of Harare. The incid...

By Staff reporter | Published: 02 June 2025

BUSINESS NEWS

10 rich countries non-committal on Zimbabwe's appeal

Zimbabwe is yet to secure any firm pledges of financial support from the 10 countries it appealed to in its ongoing bid to settle long-standing debt arrears.The southern African nation is burdened wit...

By Staff reporter | Published: 02 June 2025

POLITICS

Chamisa returns to Zimbabwean political frontline

Nelson Chamisa, founding leader of the Citizens Coalition for Change (CCC) and a prominent opposition figure who stepped away from active politics last year amid claims that his party had been hijacke...

By Staff reporter | Published: 01 June 2025

POLITICS

Mnangagwa wife's UK trip descends into chaos

Organisers of the First Ladies African Impact & Resilience (Flair) Summit, scheduled to take place in London from June 16 to 18, are facing growing pressure to reconsider the participation of Zimb...

By Staff reporter | Published: 01 June 2025

OPINION

Mutsvangwa's Mugabe coup remark opens can of worms

Observers have criticized Zanu-PF spokesperson Christopher Mutsvangwa for speaking with a "forked tongue" following his recent remarks alleging that the late former President Robert Mugabe was removed...

By Staff reporter | Published: 01 June 2025

POLITICS

Anti-Mnangagwa activist fights extradition from SA

A South African court last week became the stage for a dramatic and tense confrontation as Zimbabwean activist Nyokayemabhunu, also known as Wellington Masiiwa, fought extradition back to Zimbabwe. Th...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Air Zimbabwe to sell 2 Boeing passenger planes

Air Zimbabwe has announced plans to sell two Boeing 777-200ER passenger aircraft it acquired from Malaysia a few years ago, as the national carrier continues to battle longstanding financial difficult...

By Staff reporter | Published: 01 June 2025

EDUCATION

Zimbabwe education system hiccups under spotlight

The curtain fell on the third edition of the National Education Conference and Expo (NECE) on Friday, leaving a strong message: conference resolutions must now translate into concrete actions to bring...

By Staff reporter | Published: 01 June 2025

EDUCATION

Zimbabwe mum on teachers' distress petitions

The government has yet to respond to a petition submitted by teachers demanding a salary increase and improved working conditions following the start of the second school term. Teacher unions presente...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Matabeleland firms shine at ZNCC awards

Mr. Hafiz Muhammad Naeem of Evergold was the star of the evening on Friday as he took home the Overall Winner and Businessman of the Year awards at the Zimbabwe National Chamber of Commerce (ZNCC) 202...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Mukuru loses $33,000 to armed robbers

A daring gang of five armed robbers struck at Gains Cash & Carry and Mukuru outlets at Murambinda Growth Point on the night of May 24, making off with a total haul of $11,187 in US dollars and R31...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Zimbabwe cracks the whip on examination impersonators

 The government has launched a stern crackdown on examination malpractice following alarming reports that some private schools are facilitating candidate impersonation during exams.Primary and Se...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

4 arrested with 41 elephant tusks in Harare

Detectives from the Zimbabwe Republic Police (ZRP) Criminal Investigations Department (CID) last Friday arrested four suspects found in illegal possession of 41 elephant tusks weighing a total of 237 ...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

RBZ defends Zimbabwe forex surrender requirements

The Reserve Bank of Zimbabwe (RBZ) has reaffirmed the importance of current foreign exchange surrender requirements, emphasizing their critical role in supporting key economic sectors that lack direct...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Zimbabwe records strong forex surplus

Zimbabwe has experienced sustained foreign currency inflows that not only meet its external payment obligations but have generated a substantial surplus averaging US$400 million per month over the 14-...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Zimbabwe media guru appointed into AU's AI think tank

Tabani Moyo, Regional Secretariat Director for the Media Institute of Southern Africa (MISA), has been appointed as a member of the African Union (AU) Working Group on Artificial Intelligence (AI). Th...

By Staff reporter | Published: 01 June 2025
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