ECONOMC INDICATORS

Zimbabwe central bank reports drop in inflation

The Reserve Bank of Zimbabwe (RBZ) has expressed cautious optimism about the country's economic trajectory, citing encouraging signs in inflation control, exchange rate stability, and foreign currency...

By Staff reporter | Published: 10 July 2025

MINING & RETAIL

Kavango finds high-grade gold deposit in Zimbabwe

British mining firm Kavango Resources Plc has reported a major breakthrough in its exploration campaign at the Bill's Luck Gold Mine in southern Zimbabwe, revealing a high-grade gold intercept of 11.7...

By Staff reporter | Published: 08 July 2025

AMERICAS

US deports 'barbaric criminals' to African state

The United States has deported eight people it labeled "barbaric criminal illegal aliens" to South Sudan, a country the US State Department warns against visiting due to rampant crime, kidnappings, an...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

Harare dismisses reports of 24-hour parking fees

The City of Harare has firmly denied reports circulating in local media and on social platforms suggesting that it is planning to introduce a 24-hour parking fee regime in the Central Business Distric...

By Staff reporter | Published: 03 July 2025

POLITICS

Zimbabwe Judges' Chitepo School 'training' scrapped

A controversial "training workshop" for Zimbabwe's judges, organised by the Office of the President and Cabinet (OPC) and involving figures closely linked to the ruling Zanu-PF party and the state int...

By Staff reporter | Published: 02 July 2025

POLITICS

Zim lawyers to march against Chitepo training for judges

Zimbabwean lawyers will take to the streets tomorrow in protest against what they describe as a blatant attempt by the government to undermine judicial independence and politicise the judiciary throug...

By Staff reporter | Published: 02 July 2025

BUSINESS NEWS

ZRP refutes rations stealing reports

The Zimbabwe Republic Police (ZRP) has dismissed media reports claiming that senior officers have been stealing food rations meant for junior officers, describing the allegations as unverified and cal...

By Staff reporter | Published: 24 June 2025

BUSINESS NEWS

Explosive corruption report handed to Mnangagwa

A political firestorm is erupting at Town House following the submission of a damning report to President Emmerson Mnangagwa, which exposes endemic corruption, systemic mismanagement, and the virtual ...

By Staff reporter | Published: 19 June 2025

BUSINESS NEWS

Redcliff begins stands repossession

The Municipality of Redcliff has begun issuing letters to residents who have defaulted on payments for their allocated stands, signaling the start of a major repossession initiative aimed at recoverin...

By Staff reporter | Published: 21 May 2025

POLITICS

Chivayo dismisses South African FIC's 'fabricated' report

Flamboyant businessman Wicknell Chivayo has strongly denied allegations contained in a South African financial intelligence report which accuses him of corruption, money laundering, and conducting ill...

By Staff reporter | Published: 20 May 2025

MINING & RETAIL

Zimbabwe mines ministry steps up EPOs review

The Ministry of Mines and Mining Development is intensifying its review of Exclusive Prospecting Orders (EPOs) as part of a broader effort to eliminate speculative land holding and unlock Zimbabwe's v...

By Staff reporter | Published: 09 May 2025

BUSINESS NEWS

All deposit classes now indexed to treasury bill yields, say Mthuli Ncube

Government has gazetted a statutory instrument which directs that all classes of deposits in the banking system, should be indexed to treasury bill yields as part of efforts to promote fair compensati...

By Staff reporter | Published: 13 March 2020

ZIMBABWE

SecZim to audit fungible shares trading amid 'cheating' reports

The Securities and Exchange Commission of Zimbabwe says it will undertake an audit of all transaction inflows on dual listed shares that were consummated with effect from June 1, 2019. This comes amid...

By Staff reporter | Published: 12 March 2020

FINANCIAL SERVICES

'Banks should focus on savings deposits'

RESERVE Bank of Zimbabwe (RBZ) deputy governor Jesimen Chipika has urged banks to focus on savings deposits in order to enhance financial support to the productive sectors.Productive sectors of agricu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Nurses to report for duty once a week

NURSES, who recently declared incapacitation, have resolved to report for duty once a week, a situation that will worsen further service delivery at public hospitals that were also deserted by doctors...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

More than 83% live in poverty - Report

MORE than 83 percent of residents here are poor, living on $500 per month, a recent study conducted by the local authority has revealed. Making a presentation during the Bulawayo City Council (BCC)'s ...

By Staff reporter | Published: 14 October 2019

POLITICS

Court orders striking doctors to report for work within 48 hours

Striking doctors must return to work within 48 hours, or face a misconduct charge, the Labour Court ruled on Friday.The court found that the work boycott by junior doctors pressing for better pay, whi...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Zimbabwe gears for hyperinflation reporting

ZIMBABWE is on the verge of adopting a hyperinflation financial reporting model at a time inflation figures have spiked as its fragile economy teeters on the brink of collapse.The reporting modality, ...

By Staff reporter | Published: 10 October 2019

MINING & RETAIL

Zimbabwe starts repossessing idle mines

THE Government has started implementing the "use it or lose it" policy, which will see thousands of individuals or companies having their mining rights taken away for holding onto them for speculative...

By Staff reporter | Published: 06 October 2019

MINING & RETAIL

Premier seeks EPO for Zulu lithium project

PREMIER African Minerals will soon meet the Mining Affairs Board over the company's application for an Exclusive Prospecting Order (EPO) at its Zulu Lithium and Tantalite project in Matabeleland South...

By Staff reporter | Published: 24 September 2019

BUSINESS NEWS

'Report to ascertain Zimbabwe's domestic debt'

Zimbabwe together with World Bank has completed a report to ascertain the level of the country's domestic debt for it to clear its long standing arrears, while in the same vein engaging potential fina...

By Staff reporter | Published: 10 July 2019

INDUSTRIALS & ENERGY

CFI holdings Limited reports ZWL$7,2 million profit after tax

CFI holdings Limited reported a profit-after tax of ZWL$7,2 million in the half-year to March 31, 2019, up from ZWL$2,1 million posted over the same period last year, driven by growth in earnings from...

By Staff reporter | Published: 04 July 2019

POLITICS

Zanu-PF youth League to look into Chiri's reports

THE Zanu-PF Youth League which has been breathing fire and brimstone over corruption in government and the private sector said it will be looking into Auditor-General (AG) Mildred Chiri's reports whic...

By Staff reporter | Published: 01 July 2019

ZIMBABWE

New ZSE Listings Rules abolish executive chairmanship; reporting to be done quarterly

New Zimbabwe Stock Exchange Listing Rules will now prohibit the position of executive chairman as part of efforts to promote good corporate governance while companies will now be compelled to publish ...

By FinX | Published: 09 June 2019

BUSINESS NEWS

ZiFM to broadcast State of the Economy Report launch

ZiFM Stereo will broadcast live the launch of the quarterly State of the Economy Report produced by the Africa Economic Development Strategies (AEDS) in conjunction with the Daily News.The report will...

By Staff reporter | Published: 02 May 2019
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