BUSINESS NEWS

Econet set to host major tech exhibition

Econet Wireless Zimbabwe will next week host what it describes as one of the most significant technology exhibitions ever held in the country.The three-day Econet E-novate Expo, scheduled for December...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

'Chamisa not backing Madlela'

Former Citizens Coalition for Change (CCC) founder Nelson Chamisa is not supporting the candidature of musician and comedian Mothusi Ndlovu, also known as Madlela Sikhobokhobo, in the upcoming Nkuluma...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe projects historic single-digit inflation by early 2026

Zimbabwe is on track to achieve single-digit local currency inflation by the first quarter of 2026, a milestone not reached since 1997, Finance, Economic Development and Investment Promotion Minister ...

By Staff reporter | Published: 02 December 2025

POLITICS

Walter Tapfumaneyi appointed Commander of ZNA

Lieutenant General Asher Walter Tapfumaneyi has been officially conferred with the rank of Zimbabwe National Army (ZNA) Commander in a formal ceremony held at Zimbabwe Defence House today.The appointm...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe govt workers stampede for early retirement

Government workers across Zimbabwe are increasingly opting for early retirement, with union leaders warning that poor salaries and deteriorating working conditions are driving a wave of exits across t...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe's power generation surge 76.8%

Zimbabwe's average daily electricity generation rose by 76.8 percent in 2025, reaching 1,537 megawatts (MW) from 866 MW in 2024, Finance, Economic Development and Investment Promotion Minister Profess...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe diaspora remittances reach US$2,1 billion

Zimbabwe's diaspora community has continued to play a crucial role in supporting the local economy, with remittances surging to US$2,1 billion in the first nine months of 2025, Finance and Investment ...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

ZiG annual inflation falls sharply to 19%

Zimbabwe's local currency annual inflation rate dropped sharply to 19% in November 2025, down from 32,7% in October, according to newly released data from the Zimbabwe National Statistics Agency (ZimS...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe introduces 15% tax on digital services

The Government has announced a 15 percent digital services withholding tax on all payments made to offshore online platforms, a move aimed at regulating the rapidly expanding digital economy and secur...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube to tax US dollar cash withdrawals

Treasury has proposed a new progressive tax on foreign currency cash withdrawals, a move that has drawn immediate criticism from the financial sector for potentially discouraging formal banking. The p...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Econet launches 2025 Christmas promotion

Econet Wireless Zimbabwe has unveiled its 2025 Christmas Promotion, offering customers the chance to win prizes valued at up to US$500,000. The rewards include six smart homes, four vehicles, eight so...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Court fines Mount Meru for selling contaminated fuel

Harare Magistrate Lisa Mutendereki has fined Mount Meru Zimbabwe US$600 after being found guilty of selling contaminated diesel.The case, prosecuted by Mandirasa Chigumira, centered on an incident on ...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Labour Court reinstates suspended official

The Labour Court has upheld an arbitral award reinstating former Karoi Town Council acting town secretary, Mr. Tongai Namisala, after ruling that the local authority's disciplinary process was procedu...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe to hike royalties on gold producers

Zimbabwe will hike royalties on gold producers as it moves to take advantage of recent record high bullion prices, a 2026 national budget speech showed on Thursday.As part of a raft of revenue measure...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube introduces tax incentives to boost 24-hour economy

The government has unveiled a series of tax measures aimed at boosting industrial output, enhancing productivity, and encouraging a shift towards a 24-hour manufacturing economy, as part of the 2026 N...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

NetOne CEO cleared of US$1.2 million fraud charges

Harare Regional Magistrate Court has exonerated NetOne Chief Executive Officer, Engineer Raphael Mushanawani, from fraud allegations involving US$1.2 million.Eng Mushanawani had applied for the revoca...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube announces massive tax hike for betting industry

Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube, has unveiled major tax reforms in the 2026 National Budget, targeting the rapidly expanding betting and gambli...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabweans feel overburdened by taxes

A new national survey has revealed widespread frustration among Zimbabweans over what they perceive as an excessive tax burden, with nearly nine out of 10 citizens saying current taxation exceeds thei...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

ZERA dismisses solar tax claims

The Zimbabwe Energy Regulatory Authority (ZERA) has dismissed circulating social media reports suggesting that the government plans to impose a tax on households using solar power, describing the clai...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Illegal mining threatens Mavhuradonha

The National Museums and Monuments of Zimbabwe (NMMZ) has raised the alarm over ongoing illegal mining activities in the Mavhuradonha Wilderness, warning that the operations pose a serious threat to o...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Gono fraud case collapses

Business couple Clark Clever Makoni and Beverly Aisha Ndonda Makoni have been cleared of all fraud charges after the High Court struck down the case, sharply criticizing the lower court for "creating ...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Zimbabwe farm evictions fuel tension

A growing humanitarian and political crisis is unfolding at Aberdeen Farm in Zvimba East constituency's Ward 25, where villagers have accused white commercial farmer Martin Marius of targeting them ov...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Mthuli Ncube imposes 15% tax on Starlink, Google

Zimbabwe will impose a 15 percent digital services withholding tax on payments to offshore tech platforms, including Google, YouTube, and satellite internet provider Starlink, beginning January 1, 202...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

US Congress moves to repeal ZDERA sanctions on Zimbabwe

The United States has formally begun legislative processes to repeal the Zimbabwe Democracy and Economic Recovery Act (ZDERA), a sanctions law in place since 2001 that has limited Harare's access to i...

By Staff reporter | Published: 02 December 2025

BUSINESS NEWS

Gonarezhou elephant population increases 167%

Gonarezhou National Park, Zimbabwe's second-largest protected area covering 5,053 square kilometres, has recorded a remarkable 167 percent increase in its elephant population, growing from 4,500 to 12...

By Staff reporter | Published: 02 December 2025
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