ZIMBABWE'S lithium industry has revealed that the dramatic collapse in global lithium prices forced mining companies to retrench workers and postpone major investment projects, exposing the vulnerabil...
The Reserve Bank of Zimbabwe (RBZ) has reduced its benchmark interest rate by five percentage points to 30 percent, citing a sustained decline in inflation and improving macroeconomic stability.The de...
THE Monetary Policy Committee (MPC) is expected to begin gradually reducing interest rates in the coming months as Government seeks to stimulate economic growth while maintaining price stability and ...
Zimbabwe has capped bank cash withdrawal charges at 2% for both U.S. dollar and Zimbabwe Gold (ZiG) transactions under a new set of financial sector reforms aimed at reducing banking costs and expand...
Zimbabwe is set to reduce mobile money transfer charges as part of a broader package of financial sector reforms aimed at lowering transaction costs and improving financial inclusion.For years, mobil...
Property developers in Zimbabwe are shortening payment terms and shelving long-term projects amid growing uncertainty over the Zimbabwe Gold (ZiG) currency and speculation about a possible shift towar...
Zimbabwe is accelerating plans to cut its reliance on imported fertiliser through three major coal-to-fertiliser projects worth more than US$1 billion, which the government says could make the country...
The trial of former Finance Minister and Constitution Defenders Forum (CDF) Convener Tendai Biti, who is facing charges of holding a public meeting without notifying the regulating authority, has been...
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a slight reduction in fuel prices, effective immediately, following recent easing in global oil markets after Iran reopened the Strait of ...
Finance, Economic Development and Investment Promotion Minister Mthuli Ncube has urged motorists to reduce vehicle usage as government moves to manage the impact of rising fuel prices, saying fiscal a...
Seed Co International Limited (SCIL), the foreign currency-earning subsidiary of the Seed Co Group, reported a dramatic reduction in its interim loss, narrowing it by nearly 93% to US$200 000 for the ...
The National Social Security Authority (NSSA) has dismissed its general manager, James Matiza, along with four senior executives, as part of a far-reaching restructuring exercise aimed at restoring p...
Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has proposed a balancing act in the country's fiscal framework - suggesting a half-percent reduction in the In...
Tensions at Harare City Council escalated this week amid reports that a senior council official, Mathew Marara, allegedly attempted to manhandle Mayor Jacob Mafume during a heated dispute over pay cut...
The Zimbabwean government has committed to a comprehensive review of levies, fees, licences, and permits across 12 key sectors of the economy, aiming to create a more conducive environment for busines...
NMBZ Holdings Limited has announced the appointment of Ashley Fushai as the new Chief Operating Officer (COO), marking a promotion from his previous role as Chief Risk Officer.Fushai brings with him o...
The embattled Harare City Council (HCC) has slashed executive salaries by an average of 20% following a directive from the Ministry of Local Government and Public Works, the Zimbabwe Independent has ...
As the sun dips below the Indian Ocean on Friday evening, Durban's iconic Moses Mabhida Stadium will become the beating heart of African football - the stage for a decisive showdown in the race to th...
Zimplow Holdings Limited has reported a significant reduction in losses for the first half of 2025, narrowing its deficit to US$499,500 - a 70% improvement from the US$1.66 million loss recorded duri...
Two senior executives at state-owned mobile operator NetOne are on the run following allegations of large-scale looting and financial mismanagement.Chief Technical Officer Christopher Muchechemera an...
The Treasury has unveiled a series of stringent measures aimed at curbing government spending, including a freeze on recruitment, a 25 percent reduction in fuel allocations, a ban on workshops in hot...
Motorists in Bulawayo and across Zimbabwe will have to wait before benefiting from the Government's announced 50 percent reduction in parking fees, as the Statutory Instrument (SI) formalising the new...
Zimbabwe's recent announcement of sweeping reductions to transportārelated fees and levies - halving parking, clamping and towing fines, slashing the cost of vehicle number plates from US$500 to US$...
The National Railways of Zimbabwe (NRZ) has announced a significant reduction in fares for its scenic train service to the upcoming Sanganai/Hlanganani World Tourism Expo, with passengers now able to...
A senior Zanu-PF provincial executive has expressed sharp disapproval over party officials repeatedly failing to attend key events hosted by President Emmerson Mnangagwa.In a letter to the leadership ...
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