BUSINESS NEWS

Mnangagwa's term extension will protect Zanu-PF from succession risks

Zanu-PF national spokesperson Christopher Mutsvangwa has openly acknowledged that the ruling party views the 2028 presidential succession as a potentially vulnerable period, arguing that extending Pre...

By Staff reporter | Published: 3 mins ago

BUSINESS NEWS

Zimbabwe battery imports threaten 500 jobs

Zimbabwe's battery manufacturing sector has raised alarm over increasing imports, warning that more than 500 jobs and a critical industrial value chain are under threat as foreign products continue to...

By Staff reporter | Published: 4 mins ago

BUSINESS NEWS

Zimbabwe records 2.7 million-tonne maize harvest

Zimbabwe has recorded a total maize harvest of 2 716 045 tonnes in the 2025/26 agricultural season, marking a significant milestone in national grain production and strengthening the country's food se...

By Staff reporter | Published: 5 mins ago

BUSINESS NEWS

Zimbabwe to lure skilled diasporans

Zimbabwe has launched a new initiative aimed at tapping into the country's diaspora skills base to support its industrialisation agenda and reduce reliance on foreign expatriate expertise in emerging ...

By Staff reporter | Published: 5 mins ago

BUSINESS NEWS

Legal fog clouds Zimbabwe's new minerals policy, warns watchdog

Zimbabwe's latest attempt to reposition its mining sector through a strategic minerals policy is facing scrutiny, with a natural resources watchdog warning that the framework rests on weak legal found...

By Staff reporter | Published: 6 mins ago

BUSINESS NEWS

64 artisanal miners die in Q1 2026

Sixty-four artisanal and small-scale miners died in Zimbabwe during the first quarter of 2026, marking a 6 percent increase compared to the same period last year, as ground collapses continued to domi...

By Staff reporter | Published: 7 mins ago

BUSINESS NEWS

Zimbabwean to drive 15,500km from UK to Bulawayo

A Zimbabwean social worker based in the United Kingdom is preparing for an extraordinary 15,500-kilometre solo road trip from Europe to Africa that will see him cross 34 international borders before a...

By Staff reporter | Published: 7 mins ago

BUSINESS NEWS

Mnangagwa's nephew enters Zambia's political arena

Zimbabwean President Emmerson Mnangagwa's nephew, Bernard Munangagwa, has been formally introduced to voters in the Mwembeshi West constituency in Zambia, where he is seeking election as a Member of P...

By Staff reporter | Published: 8 mins ago

BUSINESS NEWS

Zimbabwe mine inspectors given full backing to shut unsafe mines

Minister of Mines and Mining Development Dr Polite Kambamura has pledged unwavering government support for mine inspectors, declaring that closure or suspension orders issued against unsafe mining ope...

By Staff reporter | Published: 10 mins ago

BUSINESS NEWS

Zimbabwe's electricity import bill plunges 44%

Zimbabwe's electricity import bill fell by 44 percent to US$117 million in 2025 from US$208.7 million in 2024, reflecting a major improvement in domestic power generation and delivering substantial f...

By Staff reporter | Published: 4 secs ago

BUSINESS NEWS

Bulawayo councillors raise alarm over outsider-dominated tenders

Bulawayo councillors have raised concern over what they describe as the disproportionate awarding of municipal tenders to companies based outside the city, warning that the trend could weaken the loc...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

ZiG currency uncertainty fuels insurance disputes

The Chartered Governance and Accountancy Institute in Zimbabwe (CGI Zimbabwe) has called for a clear and standardised currency and valuation framework to guide insurance claim settlements under the Z...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zinara raises concern over potholes on newly rehabilitated road

The Zimbabwe National Road Administration (Zinara) has raised concern over the condition of the Shurugwi - Mandamabwe Road, which is already developing potholes months after it was rehabilitated and ...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe to sign petroleum deal with Geo Associates

The Government of Zimbabwe is expected to officially sign a Petroleum Production Sharing Agreement (PPSA) with Geo Associates on May 27, 2026, in a move seen as a major step toward attracting investme...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Fierce pushback as Zimbabwe debt riots into dangerous territory

A fierce critic of Zimbabwe's debt management has raised fresh concerns over the credibility and inclusivity of the country's reform agenda, as the African Development Bank (AfDB) moves to inject US$...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

US$35 million legal battles continue to haunt RBZ

A long-running legal dispute involving the closure of Interfin Merchant Bank in 2012 continues to weigh on the Reserve Bank of Zimbabwe (RBZ), more than a decade after the collapse of the lender.The ...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe projects grain surplus of over 600 000 tonnes

Zimbabwe is projected to record a grain surplus exceeding 600 000 tonnes this year, which will be channelled into the country's strategic reserves, reflecting continued gains in national food securit...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

GDP race emerges as new frontier

Zimbabwe is entering a new phase of economic governance in which provincial performance will increasingly be measured through Gross Domestic Product (GDP), as the Government intensifies efforts to acc...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe-UAE trade set to hit US$6 billion

President Emmerson Mnangagwa says Zimbabwe's engagement and re-engagement policy continues to strengthen international economic ties, with trade between Zimbabwe and the United Arab Emirates expected...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Zimbabwe hits 400 000 number plate milestone

Zimbabwe has produced more than 400 000 vehicle number plates since local manufacturing began four years ago, in what authorities describe as a major achievement in the country's import-substitution ...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Zimra to auction seized vehicles at Beitbridge

Zimbabwe Revenue Authority has announced a major customs rummage sale at Beitbridge Border Post, where more than 20 vehicles and a wide range of confiscated goods will be auctioned next week.The auct...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Zimpapers stands firm on Chivayo gifts row

Wicknell Chivayo's lavish gifts to employees at Zimpapers' Capitalk FM have triggered a major corporate governance dispute, with the media group reaffirming that staff who accept expensive gifts risk...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Residents reject new tollgate plan

Residents of Shurugwi District, including traditional leaders, have strongly opposed Government plans to establish a new tollgate along the recently rehabilitated Mhandamabwe–Shurugwi Road, arguing...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Mnangagwa warns saboteurs

President Emmerson Mnangagwa has issued a strong warning against corruption, vandalism and sabotage targeting national infrastructure projects as he commissioned the 10 megawatt Glovers Solar Power P...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

ZNCC warn against compulsory hiring of National Youth Service graduates

The Zimbabwe National Chamber of Commerce (ZNCC) has rejected proposals to compel companies to employ graduates of the National Youth Service programme, warning that mandatory recruitment could under...

By Staff reporter | Published: 24 May 2026
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