BUSINESS NEWS

Zimbabwe rolls out multi-billion-dollar overhaul of major highways

Zimbabwe will next year initiate a sweeping US$3 billion road rehabilitation and upgrade programme targeting four major national highways, in what government officials describe as one of the most ambi...

By Staff reporter | Published: 10 December 2025

POLITICS

Harare faces billboard revenue scandal

Harare City Council is under scrutiny over apparent revenue losses from billboard advertisements across the capital, with Mayor Jacob Mafume describing the situation as a "major revenue scandal." The...

By Staff reporter | Published: 07 December 2025

BUSINESS NEWS

Zimbabwe crude oil import bill set to fall

Zimbabwe's sunflower farming sector is poised for significant growth through a new contract farming programme aimed at reducing the country's crude oil import bill. The initiative, called Mr Sunflowe...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

Zimbabwe gold reserves reach US$ 1 billion mark

Zimbabwe's foreign currency and gold reserves backing the Zimbabwe Gold (ZiG) currency have surpassed US$1 billion for the first time since the introduction of the local unit, the Reserve Bank of Zim...

By Staff reporter | Published: 04 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

Court delays derail multi-billion cyber city project

A proposed multi-billion-dollar cyber city project in Marondera - billed as one of the largest private-sector investments in Mashonaland East - has been thrown into uncertainty amid allegations of cor...

By Staff reporter | Published: 24 November 2025

BUSINESS NEWS

Zimbabwe's mineral exports to hit US$6,5 billion mark

Zimbabwe's mining sector is poised for a strong rebound in 2026, with the Chamber of Mines of Zimbabwe (CoMZ) projecting exports of up to US$6,5 billion and industry growth of more than 10% on the bac...

By Staff reporter | Published: 24 November 2025

BUSINESS NEWS

Billions lost to smuggling through Beitbridge

Billions of dollars are being lost annually through the smuggling of goods across Zimbabwe's porous border posts - particularly Beitbridge - amid growing fears that corruption, weak security, and lack...

By Staff reporter | Published: 13 November 2025

BUSINESS NEWS

Signed, sealed, and delivered US$1 billion

Nigerian billionaire Aliko Dangote has signed a landmark investment agreement with the Government of Zimbabwe worth over US$1 billion, marking a major breakthrough in the country's efforts to attract ...

By Staff reporter | Published: 12 November 2025

POLITICS

Dutch billionaire meets Mnangagwa

Dutch billionaire and investor Mr Marcel Boekhoorn yesterday met President Emmerson Mnangagwa at State House to present ambitious plans to expand his business footprint in Zimbabwe, signalling ren...

By Staff reporter | Published: 11 November 2025

SOCCER

Billiat, Munetsi omission from Warriors' squad explained

The Zimbabwe Football Association (ZIFA) has clarified the absence of vice-captain Marshall Munetsi and winger Khama Billiat from the latest Warriors squad set to face Algeria and Qatar during the Nov...

By Staff reporter | Published: 09 November 2025

BUSINESS NEWS

'Zimbabwe needs US$50 billion FDI'

Zimbabwe needs about US$50 billion in investment over the next decade to sustain economic growth and achieve meaningful transformation, according to prominent economist and entrepreneur Nigel Chanaki...

By Staff reporter | Published: 09 November 2025

SOCCER

Munetsi, Billiat missing

Vice-captain Marshall Munetsi and veteran forward Khama Billiat have been left out of the Warriors squad named for the upcoming international friendlies against Algeria and Qatar, scheduled during th...

By Staff reporter | Published: 07 November 2025

BUSINESS NEWS

Zimbabwe's foreign reserves near US$1 billion

Reserve Bank of Zimbabwe (RBZ) Deputy Governor Dr. Innocent Matshe has revealed that the country's foreign reserves have surged from US$276 million in April 2024 to about US$930 million by September ...

By Staff reporter | Published: 07 November 2025

BUSINESS NEWS

Zimbabwe agriculture sector surpasses US$10 billion

President Emmerson Mnangagwa has commended the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development for steering the country's agriculture sector beyond expectations, growing it from...

By Staff reporter | Published: 04 November 2025

BUSINESS NEWS

Zimbabwe's NHI Bill nears completion

The long-awaited National Health Insurance Bill is edging closer to Cabinet and Parliament, with the draft law now undergoing peer review at the Attorney-General's Office, officials have confirmed.Onc...

By Staff reporter | Published: 04 November 2025

BUSINESS NEWS

Dangote to invest US$1 billion in Zimbabwe

Africa's richest man, Nigerian billionaire Aliko Dangote, is expected to visit Zimbabwe in mid-November following the approval of a massive US$1 billion investment package spanning cement production, ...

By Staff reporter | Published: 28 October 2025

BUSINESS NEWS

Police Amendment Bill gazetted

The Government has gazetted the Police Amendment Bill, which seeks to overhaul the Police Act and bring it into full alignment with the provisions of Zimbabwe's 2013 Constitution.The Bill, publishe...

By Staff reporter | Published: 18 October 2025

BUSINESS NEWS

Zimbabwe targets $1 billion reserves

The Reserve Bank of Zimbabwe (RBZ) has announced that the country’s foreign currency reserves are expected to surpass the US$1 billion mark by the end of 2025, a key milestone in the central bank’...

By Staff reporter | Published: 17 October 2025

BUSINESS NEWS

New Medical Bill set for scrutiny

Private hospitals and health institutions in Zimbabwe will soon be legally required to admit patients in life-threatening conditions for at least 48 hours - regardless of their financial status - und...

By Staff reporter | Published: 07 October 2025

POLITICS

Chiwenga accuses Tagwirei of looting billions from Zanu-PF

Zimbabwe's ruling party has been rocked by a fierce showdown after Vice President Constantino Chiwenga accused petroleum tycoon Kudakwashe Tagwirei of siphoning billions of dollars from Zanu-PF to ca...

By Staff reporter | Published: 19 September 2025

BUSINESS NEWS

Zimbabwe targets US$1 billion import savings

Zimbabwe is set to save more than US$1 billion annually in food imports as the Government intensifies efforts to boost national food security and cut dependency on foreign supplies.Data from the Reser...

By Staff reporter | Published: 18 September 2025

AFRICA BUSINESS

US Senate tables second bill targeting SA

The United States Senate has introduced a new bill seeking to overhaul Washington's relationship with South Africa, impose sanctions on ruling party officials, and terminate Pretoria's access to the A...

By Staff reporter | Published: 17 September 2025

ASIA PACIFIC

India dumps US Treasury bills

India has reduced its holdings of US Treasury bills over the past year, reflecting a more cautious approach in its central bank's management of foreign exchange reserves, the Indian Express reported o...

By Staff reporter | Published: 11 September 2025

BUSINESS NEWS

Zimbabwe unveils US$1.4 billion agric package

ZIMBABWE has launched a US$1,4 billion agricultural investment package aimed at attracting global financiers to seven high-impact value chains, as the country seeks to meet domestic demand and expand ...

By Staff reporter | Published: 04 September 2025
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