BUSINESS NEWS

Zimra warns tax defaulters, pushes for strict compliance

The Zimbabwe Revenue Authority has issued a stern warning to tax defaulters, saying the era of lax compliance is over and urging businesses and individuals to align fully with tax laws to support nati...

By Staff reporter | Published: 6 mins ago

MINING & RETAIL

Caledonia maintains output guidance

Caledonia Mining Corporation has reported a sharp decline in first-quarter gold production at its flagship Blanket Mine, while maintaining full-year output guidance that now hinges on a strong second-...

By Staff reporter | Published: 22 hours ago

BUSINESS NEWS

Mutapa Fund seals US$1bn financing deals

  Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, secured more than US$1 billion in financing deals during 2025, marking a shift from project planning to execution across ke...

By Staff reporter | Published: 17 April 2026

AFRICA NEWS

Elon Musk calls for sanctions against South Africa

Billionaire tech entrepreneur Elon Musk has sparked a fresh political and economic row after calling for international sanctions against South Africa over its Black Economic Empowerment (BEE) laws, wh...

By Staff reporter | Published: 16 April 2026

BUSINESS NEWS

Zimbabwe govt advances public service job evaluation reforms

The Government says it has made notable progress in implementing the Public Service Job Evaluation Exercise, with efforts now focused on addressing outstanding structural challenges.Speaking during a ...

By Staff reporter | Published: 16 April 2026

OPINION

How CBZ is quietly becoming a regional financial force

CBZ Holdings Limited delivered a robust financial performance for the year ended 31 December 2025, underpinned not only by earnings growth and balance sheet expansion, but also by strengthening instit...

By Jabulani Simplisio Chibaya | Published: 12 April 2026

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

POLITICS

Mnangagwa declares zero tolerance for corruption

President Mnangagwa has reaffirmed his government's uncompromising stance against corruption, declaring that graft will not be allowed to slow Zimbabwe's march towards Vision 2030. The President made ...

By Staff reporter | Published: 09 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

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

APRM panel reviews Zimbabwe's economic governance

The African Peer Review Mechanism (APRM) Panel of Eminent Persons, led by Zimbabwe's lead panel member, Ambassador Aly-El Hefny, has emphasised that its mission in Zimbabwe is not to judge but to lear...

By Staff reporter | Published: 17 November 2025

POLITICS

ZACC probes disappearance of US$4,5 million

The Zimbabwe Anti-Corruption Commission (ZACC) is investigating the disappearance of US$4,5 million from Harare Quarry, a subsidiary of the Harare City Council, amid growing public outcry over the all...

By Staff reporter | Published: 17 November 2025

BUSINESS NEWS

Zimbabwe health sector hit by 14,000 vacancies

Zimbabwe's public health system is reeling under severe strain as a mass exodus of health workers has left the Ministry of Health and Child Care with 14,000 vacant posts, Health and Child Care Ministe...

By Staff reporter | Published: 13 November 2025

BUSINESS NEWS

Nurse defrauds insurance using deceased people's identities

A 40-year-old nurse from Mutare has appeared in court on allegations of defrauding Zimnat Life Assurance of US$15,000 by making false insurance claims using the identities of deceased persons.The acc...

By Staff reporter | Published: 11 November 2025

BUSINESS NEWS

UK overtakes South Africa as Zimbabwe's top source of remittances

The United Kingdom is poised to become Zimbabwe's largest source of remittances in 2025, surpassing South Africa for the first time, according to Finance, Economic Development and Investment Promotio...

By Staff reporter | Published: 11 November 2025

BUSINESS NEWS

OK Zimbabwe suffers US$25 million financial loss

Leading retail chain OK Zimbabwe Limited has reported a staggering US$25 million loss for the financial year ending March 31, 2025, as revenue plunged by more than half in what company chairman Herber...

By Staff reporter | Published: 08 November 2025

POLITICS

Robert Mugabe Jr. warrant of arrest cancelled

A Harare magistrate has cancelled the warrant of arrest issued against Robert Tinotenda Mugabe, the son of the late former President Robert Mugabe, after he failed to appear in court for his routine ...

By Staff reporter | Published: 08 November 2025

BUSINESS NEWS

Zimra launches fresh crack down on tax compliance

The Zimbabwe Revenue Authority (ZIMRA) has intensified its campaign for strict tax compliance, warning that widespread evasion and late submissions pose a direct threat to the country's economic stabi...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Vingirai blasts 'crippled' financial system

Veteran banker and Intermarket Holdings founder Nicholas Vingirai has delivered a scathing critique of Zimbabwe's financial system, warning that regulatory volatility, currency instability, and a deci...

By Staff reporter | Published: 03 November 2025

POLITICS

'Sanctions removal will unlock Zimbabwe's potential'

The Southern African Development Community (SADC) has once again urged the international community to immediately and unconditionally lift sanctions imposed on Zimbabwe, saying the measures continue t...

By Staff reporter | Published: 26 October 2025

POLITICS

Zimbabwe resilient despite sanctions

President Mnangagwa has praised the resolve, determination and hard work of Zimbabweans, saying these qualities have enabled the nation to withstand the negative impact of illegal Western sanctions wh...

By Staff reporter | Published: 26 October 2025

BUSINESS NEWS

Banks demand clarity on AI rules as compliance concerns grow

Zimbabwean compliance officers have urged the establishment of robust regulatory frameworks and internal governance to guide the responsible adoption of artificial intelligence (AI) in the banking sec...

By Staff reporter | Published: 25 October 2025

POLITICS

Mnangagwa to lead SADC Anti-Sanctions Day

President Emmerson Mnangagwa is set to headline Zimbabwe's 2025 SADC Anti-Sanctions Day commemorations on October 25, delivering a national address highlighting the country's resilience and progress ...

By Staff reporter | Published: 22 October 2025

POLITICS

NPAZ reports 75% case clearance

The National Prosecuting Authority of Zimbabwe (NPAZ) has recorded a 75% case clearance rate in the first three quarters of 2025, surpassing national performance targets, Prosecutor-General Loyce Mat...

By Staff reporter | Published: 22 October 2025

POLITICS

Mnangagwa urges regional unity to end Western sanctions

President Emmerson Mnangagwa has expressed optimism that joint efforts by Zimbabwe and its Southern African Development Community (SADC) neighbours will eventually lead to the collapse of the sanctio...

By Staff reporter | Published: 20 October 2025
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