BUSINESS NEWS

Zimbabwe night vending ban falters

Government's widely publicised ban on night vending has all but collapsed, with vendors across major cities continuing operations in open defiance of the decree, exposing deep cracks between policy pr...

By Staff reporter | Published: 31 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

BUSINESS NEWS

Zimbabwean banks overcharging clients

Multiple Zimbabwean banks are under scrutiny following explosive allegations that they systematically overcharged corporate clients millions of dollars through inflated interest rates and hidden fees,...

By Staff reporter | Published: 25 October 2025

POLITICS

Ministries defy Mnangagwa office's ban on looting

Senior government officials, including cabinet ministers and permanent secretaries, have continued extracting millions from state-owned enterprises (SOEs), ignoring repeated directives to halt the pra...

By Staff reporter | Published: 25 October 2025

BUSINESS NEWS

SA welcomes Zimbabwe's decision to lift maize import ban

South Africa's Agriculture Minister, John Steenhuisen, has welcomed Zimbabwe's recent move to lift the ban on maize and other grain imports, officially gazetted under Statutory Instrument 87 of 2025.D...

By Staff reporter | Published: 23 October 2025

BUSINESS NEWS

Chinese firm rushes to extract over 60,000 metric tonnes of lithium ahead of ban

China's Zhejiang Huayou Cobalt plans to extract more than 60,000 metric tonnes of lithium sulphate during the first quarter of 2026 from its new $400 million plant in Zimbabwe, the company says.This ...

By Staff reporter | Published: 21 October 2025

POLITICS

Govt bans foreign trips

Government has with immediate effect suspended all foreign trips and workshops for the country's 92 local authorities in a move aimed at curbing wasteful expenditure and improving service delivery.The...

By Staff reporter | Published: 20 October 2025

BUSINESS NEWS

Unregistered professionals banned from drawing building plans

The City of Harare has announced the full enforcement of Statutory Instrument (SI) 56 of 2025, which prohibits unregistered professionals from drafting or submitting building plans to the local autho...

By Staff reporter | Published: 20 October 2025

BUSINESS NEWS

No bank at risk of collapse in Zimbabwe

The Bankers Association of Zimbabwe (BAZ) has sought to calm rising public concerns over potential bank collapses, asserting that the country's banking sector remains "safe and sound" and insulated f...

By Staff reporter | Published: 17 October 2025

BUSINESS NEWS

Banker, wife dies in road accident

A fatal head-on collision at the notorious Susunje River blackspot along the Harare-Chirundu highway has claimed the lives of Patrick Samboko, operations manager at FBC Chinhoyi branch, and his wife...

By Staff reporter | Published: 16 October 2025

POLITICS

'Tshabangu pushing for suspension of 2028 elections'

ZANU-PF Secretary for Legal Affairs, Ziyambi Ziyambi, has revealed that Citizens Coalition for Change (CCC) Secretary General Sengezo Tshabangu is allegedly spearheading a plan to suspend the 2028 gen...

By Staff reporter | Published: 16 October 2025

BUSINESS NEWS

RBZ urged to reduce bank charges

The Zimbabwe Taxpayers Platform (ZITAP) has called on the Reserve Bank of Zimbabwe (RBZ) to review and lower prevailing bank charges, warning that high service fees are discouraging citizens and busi...

By Staff reporter | Published: 16 October 2025

BUSINESS NEWS

Old Mutual banks on innovation hub to drive startups

Old Mutual Zimbabwe's Eight2Five Innovation Hub has strengthened its commitment to nurturing entrepreneurial talent through a continued partnership with The Ideas Tank, integrating the initiative into...

By Staff reporter | Published: 15 October 2025

BUSINESS NEWS

First Capital Bank nears sale of stake in Victoria Falls Hotel

Top financial institution First Capital Bank (FCA) has finally secured a potential investor for its stake in Makasa Sun (Private) Limited, the company that owns a prominent Victoria Falls-based hotel...

By Staff reporter | Published: 15 October 2025

BUSINESS NEWS

Zimbabwe delegation in US for IMF, World Bank meetings

A Zimbabwean delegation led by Finance Secretary George Guvamatanga is in Washington D.C. attending the International Monetary Fund (IMF) and World Bank Annual Meetings, where discussions on the impl...

By Staff reporter | Published: 14 October 2025

BUSINESS NEWS

Zimbabwe warned of risks of abandoning the dollar

Zimbabwe will jeopardise the rare bout of economic stability the southern African nation is currently enjoying if it scraps the use of dollars domestically by 2030 as planned.That's according to the ...

By Staff reporter | Published: 14 October 2025

BUSINESS NEWS

Zimbabwe in debt distress, claims World Bank

Zimbabwe's public debt has reached unsustainable levels, limiting the country's access to international financing, the World Bank has warned in a new report.The multilateral lender put Zimbabwe's deb...

By Staff reporter | Published: 12 October 2025

BUSINESS NEWS

Gold mafia scandal case 'could collapse SA banks'

A landmark R4.8 billion lawsuit filed by the South African Revenue Service (Sars) against Sasfin Bank could expose financial institutions to "limitless liability" for their clients' misconduct, the b...

By Staff reporter | Published: 11 October 2025

BUSINESS NEWS

Zimbabwe army to monitor riverbed mining ban

Traditional leaders have been called upon to remain vigilant and work closely with law enforcement agencies to prevent destructive and illegal mining activities that are damaging the environment and ...

By Staff reporter | Published: 10 October 2025

OPINION

IMF's Bangladesh economists must stay out of Zimbabwe

The International Monetary Fund's (IMF) latest report on Zimbabwe's economy follows a familiar script - polite praise for modest progress, followed by subtle warnings and prescriptive reforms that oft...

By Changamire Dombo | Published: 08 October 2025

POLITICS

Chamisa abandons politics for CIA training?

In a dramatic twist that has unsettled Zimbabwe's opposition ranks, former Citizens Coalition for Change (CCC) leader Nelson Chamisa has seemingly abandoned frontline politics to pursue academic ambit...

By Staff reporter | Published: 03 October 2025

EDUCATION

Zimbabwe banker's diploma gains UK accreditation

The Institute of Bankers of Zimbabwe (IOBZ) has secured international accreditation for its Banker's Diploma from the United Kingdom's Chartered Banker Institute, marking a major milestone for the co...

By Staff reporter | Published: 03 October 2025

POLITICS

Sengezo Tshabangu flies to India amid health speculation

Citizens Coalition for Change (CCC) Secretary General Sengezo Tshabangu has reportedly been flown to India for medical treatment, amid claims he is battling colon cancer.A source close to the matter ...

By Staff reporter | Published: 02 October 2025

POLITICS

Zanu-PF band barons arrested

Two prominent Zanu-PF figures, Godhati Dunira (57) and Ephraim Gwanongodza (59), have been arrested over allegations of illegally parcelling and selling residential land in Victoria Ranch, Masvingo, ...

By Staff reporter | Published: 30 September 2025

BUSINESS NEWS

Defunct bank haunts Bulawayo

Bulawayo City Council has suffered significant financial losses after investing in Tetrad Investment Bank, which was shut down by the Reserve Bank of Zimbabwe two years ago, according to a recent parl...

By Staff reporter | Published: 26 September 2025
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