BUSINESS NEWS

OK Zimbabwe posts US$17,8 million loss

Troubled retail giant OK Zimbabwe has reported a US$17.8 million loss for the half-year period ended September 30, 2025, as management intensifies efforts to raise capital and stabilise operations.Pre...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Dembare fined US$4,500

Dynamos Football Club has been fined US$4,500 for disorderly conduct that caused a delay to the Chibuku Super Cup final against Triangle United at Gibbo Stadium.The Premier Soccer League (PSL) stated ...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Man accused of selling fake fer­til­iser

A manager at Agro Zim Solutions, Blessing Mushonga, appeared before Harare Provincial Magistrate Ruth Moyo over allegations of defrauding farmers by selling counterfeit fertilisers, causing substantia...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Decent work campaign launched

The Zimbabwean government, in partnership with the International Labour Organisation (ILO), the National Social Security Authority (NSSA), and the Embassy of Sweden, has launched the Decent Work Commu...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Open revolt in Zanu-PF

ZANU-PF's Manicaland Province has confirmed the co-option of President Emmerson Mnangagwa's investment adviser, Paul Tungwarara, to the party's central committee, defying a directive by Political Comm...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Nust steps up move to start gold mining at Bulawayo campus

The National University of Science and Technology (Nust) has formally applied for special dispensation to undertake experimental mining on its main Bulawayo campus, aiming to advance research, teachin...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Vacant Bulawayo factories to become global call Centre hubs

Finance Minister Mthuli Ncube has urged stakeholders to repurpose Bulawayo's vacant factories into hubs for global call centres and knowledge processing, unveiling Special Economic Zone (SEZ) tax ince...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

Holiday travel chaos at Beitbridge border post

Scenes of frustration and long delays confronted holiday travellers at the Beitbridge border post on Sunday, with thousands queued for hours to enter Zimbabwe from South Africa.Motorists reported wait...

By Staff reporter | Published: 17 December 2025

BUSINESS NEWS

OK's working capital dries up

Retailer OK Zimbabwe Limited is weighing the sale of an additional US$17,2 million worth of properties, over and above the US$10,5 million already earmarked for disposal, as it grapples with severe wo...

By Staff reporter | Published: 15 December 2025

BUSINESS NEWS

Pay rise for civil servants in Q1 2026, says Mthuli

Civil servants are set to receive another salary adjustment in the first quarter of the coming year, the Government has confirmed, raising hopes of improved earnings for public sector workers amid ris...

By Staff reporter | Published: 15 December 2025

BUSINESS NEWS

Police deny claims of investigation into Mnangagwa adviser

The Zimbabwe Republic Police (ZRP) has dismissed circulating claims that President Emmerson Mnangagwa's adviser, Paul Tungwarara, is under criminal investigation, branding a viral document as fake and...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Mnangagwa commissions ZBC Montrose Studios

President Emmerson Mnangagwa has urged that the modernisation of the Zimbabwe Broadcasting Corporation (ZBC) go beyond infrastructure upgrades to preserve national identity and empower Zimbabweans to ...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Strong rebound in Zimbabwe business confidence for 2026

Most business executives expect operating conditions to improve in 2026, buoyed by macroeconomic stability, regulatory reforms and recovery prospects in key productive sectors, according to the Zimbab...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Beitbridge clearing 13,000 travellers daily

About 13 000 travellers are currently being cleared daily at the Beitbridge Border Post as traffic volumes steadily rise ahead of the festive season peak, prompting Zimbabwean and South African author...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Zimbabwe completes payment for new cancer machines

Zimbabwe is set to receive a new generation of state-of-the-art radiotherapy machines early next year after Treasury finalised payment of initial deposits for the equipment, marking the country's larg...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Zinara waives 100% penalties on vehicle licence arrears

The Zimbabwe National Road Administration (Zinara) is scrapping 100% penalty fees on vehicle licence arrears as part of a festive season promotion.Zinara is waiving all penalty fees for motorists who ...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Egodini saga in new twist

The Bulawayo City Council has granted the long-stalled Egodini Re-Development Project yet another lifeline after developers Terracotta Trading submitted key documents demanded by the local authority, ...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Zanu-PF MPs whipped into 2026 budget line

Zanu-PF Members of Parliament say they were pressured into rubber-stamping Finance Minister Mthuli Ncube's ZIG 312.6 billion 2026 national budget after being told the controversial fiscal plan would n...

By Staff reporter | Published: 14 December 2025

BUSINESS NEWS

Zimbabwe's 2023 poll promises now pie in the sky

A new report by the Zimbabwe Human Rights Association (ZimRights) has highlighted a widening chasm between political promises and the lived realities of ordinary citizens, warning that public disillus...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

Chinese to build luxury riverfront lodges in Victoria Falls

Zimbabwe's tourism sector is set for a major boost following confirmation that The Lux Collective, a global hospitality group with Chinese backing, will develop a high-end eco-luxury lodge estate alon...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

US announces policy shift on engaging Zimbabwe

The United States has announced a significant transformation in its relationship with Zimbabwe, signalling a shift from decades of donor-dependent engagement to a partnership centred on trade, investm...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

Zimbabwe to reforms Mutapa Investment Fund

The Zimbabwean government is planning comprehensive reforms to the Mutapa Investment Fund, aiming to position the country's sovereign wealth vehicle at the centre of efforts to restructure and commerc...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

Mthuli Ncube signals royalty climbdown

Finance Minister Professor Mthuli Ncube has indicated that Zimbabwe's proposed gold royalty regime may be adjusted following widespread concerns from large-scale and small-scale miners, who warned tha...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

African Sun to shut down Elephant Hills for major overhaul

African Sun Limited has announced plans to close the iconic Elephant Hills Resort in Victoria Falls in November 2026 for an extensive 18-month refurbishment and rebranding programme. The upgraded prop...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

Khaya Cement production resumes

Cement production has resumed at Khaya Cement, a development expected to relieve Zimbabwe's ongoing shortage of the building material. Corporate rescue practitioner Bulisa Mbano confirmed to journalis...

By Staff reporter | Published: 11 December 2025
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