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
Harare-based preacher Prophet Walter Magaya and his wife Tendai have secured a reprieve in their ongoing financial troubles after paying US$180,000 to GetBucks Microfinance Bank and signing a deed of...
By Staff reporter | Published: 08 October 2025
An International Monetary Fund (IMF) assessment has raised concerns over Zimbabwe's fiscal transparency, revealing that the country may have understated its total public debt by approximately US$2 bi...
By Staff reporter | Published: 05 October 2025
Zimbabwe is exploring the use of its vast mineral resources, including platinum, gold, and lithium, to help settle part of its US$13.2 billion external debt, Finance, Economic Development and Investme...
By Staff reporter | Published: 26 September 2025
Harare City Council is reeling under a debt of more than ZiG8 billion owed by ratepayers, a backlog that officials warn is crippling service delivery and undermining the municipality's operational eff...
By Staff reporter | Published: 18 September 2025
The Ministry of Defence has emerged as the largest debtor of Mutare City Council, with several other government ministries and entities also owing the local authority millions of dollars, negatively a...
By Staff reporter | Published: 18 September 2025
Zimbabwe's tobacco industry has continued to record impressive export earnings, with revenues approaching US$1 billion in 2024. However, behind the success story, many smallholder farmers say they are...
By Staff reporter | Published: 02 September 2025
Zimbabwe's arrears clearance and debt resolution plan will come under renewed scrutiny as Mauritanian banker Sidi Ould Tah assumes office today as the ninth president of the African Development Bank G...
By Staff reporter | Published: 01 September 2025
Farming equipment and livestock belonging to former Water Resources minister Munacho Mutezo are set to be auctioned today in Odzi, Manicaland, as part of efforts to recover a US$750,000 debt owed to h...
By Staff reporter | Published: 16 August 2025
Masvingo City Council is facing mounting challenges in delivering basic services due to the government's failure to settle substantial debts owed to the local authority, with claims that various gove...
By Staff reporter | Published: 13 August 2025
The Zimbabwean government has made notable progress in repaying its external debt, with a total of US$176.28 million paid during the first six months of 2025, according to data released by the Ministr...
By Staff reporter | Published: 10 August 2025
Zimbabwe's total public debt has surged to US$21.5 billion as of March 2025, an increase of about US$1 billion from the same period last year. The growing debt burden continues to undermine the countr...
By Staff reporter | Published: 31 July 2025
South Africa's economy is under severe pressure, and economists are worried that the country's debt-to-GDP ratio is heading to crisis levels.South Africa's GDP has averaged about 1.1% growth over the ...
By Staff reporter | Published: 31 July 2025
The Mutapa Investment Fund (MIF) has announced a bold recovery plan for troubled cotton firm Cottco Holdings, pledging to settle its outstanding legacy debts of approximately US$5 million within the ...
By Staff reporter | Published: 30 July 2025
Zimbabwe's best chance of exiting a 25-year debt default is to engage the Group of 20 nations to help formulate a solution and stop trying to work its way out of the quagmire itself, World Bank Presi...
By Staff reporter | Published: 29 July 2025
Meikles Limited's trade payables more than doubled to ZiG925,78 million in its financial year ended February 28, 2025, sparking fears of deepening debt pressures within Zimbabwe's formal retail sector...
By Staff reporter | Published: 21 July 2025
Zimbabwe is pursuing a multi-faceted approach to address its US$21 billion debt obligations, with the government considering leveraging the country's abundant natural resources as part of the solution...
By Staff reporter | Published: 14 July 2025
Zimbabwe, locked out of international capital markets since defaulting in 1999, expects its stronger economy to help it pay back external creditors, without saying when this would begin.Finance Minist...
By Staff reporter | Published: 09 July 2025
The Ministry of Finance, Economic Development and Investment Promotion says it is intensifying efforts to settle mounting debts owed to state-owned enterprises (SOEs), including telecoms giant TelOne ...
By Staff reporter | Published: 06 July 2025
Retail giant OK Zimbabwe Limited has announced plans to allocate more than half of the proceeds from its planned US$30.5 million capital raise - through a rights issue and property disposals - toward ...
By Staff reporter | Published: 30 June 2025
Zimbabwe has asked South Africa to help garner support for its debt to be revamped under the Group of 20's Common Framework, a step that could restore its access to international capital markets for t...
By Staff reporter | Published: 19 June 2025
PPC Zimbabwe has once again demonstrated its financial resilience and operational discipline, closing the financial year ending March 31, 2025, with a debt-free balance sheet and unrestricted cash hol...
By Staff reporter | Published: 11 June 2025
Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...
By Staff reporter | Published: 22 May 2025
Finance and Investment Promotion Deputy Minister David Mnangagwa has come under fire in Parliament after it emerged that the Government owes Valley Seeds Private Limited nearly US$200 million for agri...
By Staff reporter | Published: 19 May 2025
Gweru residents have petitioned the local authority to postpone a planned revenue collection blitz - which includes water disconnections and possible property attachments - fro...
By Staff reporter | Published: 19 May 2025
OK Zimbabwe posts US$17,8 million loss 
Hichilema meets Chivayo 
Millions celebrate Diwali festival in India 
Econet Zimbabwe to delist from ZSE 
Gold edges up as traders await guidance 
Mnangagwa fires Chitando, appoints Polite Kambamura 
Young Investment Professional (YIP) Graduate Programme 2019 
Young Investment Professional (YIP) Graduate Programme 2019
