BUSINESS NEWS

Charamba defends informal traders operating in front of shops

Deputy Chief Secretary for Presidential Communications, George Charamba, has strongly defended Zimbabwe's informal sector, dismissing calls for the removal of vendors and informal traders as economica...

By Staff reporter | Published: 15 hours ago

SOCCER

Zifa takes delivery of new team coaches

The Zimbabwe Football Association (ZIFA) has taken delivery of two brand-new 66-seater team coaches in a significant move aimed at strengthening logistical support for national teams and football deve...

By Staff reporter | Published: 15 hours ago

MINING & RETAIL

Mutapa Gold secures US$75mln for Shamva project

State-owned gold producer Mutapa Gold Resources is set to embark on a major expansion drive after securing US$75 million in syndicated financing for the first phase of its US$152 million Shamva Hill P...

By Staff reporter | Published: 15 hours ago

BUSINESS NEWS

Bulawayo infrastructure project delays pile up

The City of Bulawayo awarded procurement contracts worth more than US$1.5 million in April 2026 despite mounting challenges that have seen infrastructure projects delayed, contractors abandoning sites...

By Staff reporter | Published: 15 hours ago

FINANCIAL SERVICES

ZiG uncertainty fuels insurance disputes

The Chartered Governance and Accountancy Institute in Zimbabwe (CGAIZ) has called for the establishment of a clear and standardised framework for insurance claim settlements under the Zimbabwe Gold (Z...

By Staff reporter | Published: 15 hours ago

BUSINESS NEWS

Zimbabwe activates river rehabilitation framework

The Government has gazetted regulations that formally operationalise Zimbabwe's state of disaster declaration over river ecosystems damaged by years of alluvial mining, creating a new framework that a...

By Staff reporter | Published: 15 hours ago

OPINION

Zimbabweans keep blaming the wrong people for economic decay

There is a comfortable consensus forming in our economic conversations. The vendor on the pavement is the problem. The tuckshop on the corner is the problem. The hawker selling cheap imported wares is...

By Derrick Wini Dari | Published: 16 hours ago

BUSINESS NEWS

Zimbabwe's new rental tax raises compliance questions for landlords

Zimbabwe's introduction of a presumptive rental income tax on commercial property rentals has created new compliance obligations for landlords, estate agents and tenants, while also raising questions ...

By Staff reporter | Published: 17 hours ago

POLITICS

South Africa declares over 500 Nigerians undesirable

The Department of Home Affairs has confirmed that 586 Nigerian nationals found to be residing in South Africa illegally have been declared undesirable persons and will be prohibited from re-entering t...

By Staff reporter | Published: 17 hours ago

POLITICS

Coltart backs arrest powers for municipal police

Bulawayo Mayor David Coltart has backed proposals to grant municipal police arresting powers, arguing that the move would help authorities tackle growing challenges posed by illegal vending activities...

By Staff reporter | Published: 17 hours ago

POLITICS

Welshman Ncube threatens Mphoko with defamation lawsuit

Opposition leader Welshman Ncube has issued a stern ultimatum to Siqokoqela Mphoko, demanding the withdrawal of what he describes as false and defamatory allegations or face a potentially costly defam...

By Staff reporter | Published: 17 hours ago

BUSINESS NEWS

Zimbabwe moves to shield farmers from fertiliser price shock

The Government has announced plans to facilitate duty-free fertiliser imports and accelerate the revival of Sable Chemicals' ammonium production plant as part of efforts to protect Zimbabwe's agricult...

By Staff reporter | Published: 17 hours ago

BUSINESS NEWS

Ex-PSMI boss sues for US$1.1 million exit package

Former Premier Services Medical Investment (PSMI) executive director for corporate services, Shingayi Mabuto, has approached the High Court seeking enforcement of a settlement agreement worth more tha...

By Staff reporter | Published: 17 hours ago

BUSINESS NEWS

Teacher arrested in fake recruitment scam

A teacher at St Joseph's High School in Mutare has been arrested in connection with a fraudulent recruitment scheme that allegedly targeted desperate job-seeking and serving teachers by promising them...

By Staff reporter | Published: 17 hours ago

POLITICS

Zanu-PF confident of numbers as Parliament set to vote on CAB3

The National Assembly is expected to vote today on the Constitution of Zimbabwe Amendment Bill No. 3, with Zanu-PF expressing confidence that it has sufficient parliamentary support to pass the legisl...

By Staff reporter | Published: 17 hours ago

BUSINESS NEWS

Zimbabwe eyes US$600m export windfall

Zimbabwe could generate nearly US$600 million in export earnings from a proposed agro-industrial Special Economic Zone (SEZ) expected to drive industrialisation, job creation and long-term economic tr...

By Staff reporter | Published: 17 hours ago

AFRICA BUSINESS

New R2 and R5 coins entering circulation in South Africa

The South African Reserve Bank (SARB) has gazetted the designs and specifications of new commemorative R2 and R5 coins that will enter circulation as legal tender on 16 June 2026, coinciding with Yout...

By Staff reporter | Published: 17 hours ago

POLITICS

CAB3 bill turns Zimbabwe military into 'Fawcett'

A heated exchange erupted in the National Assembly on Wednesday after Citizens Coalition for Change (CCC) legislator Innocent Zvaipa argued that a proposed constitutional amendment would weaken the Zi...

By Staff reporter | Published: 11 June 2026

CONSTRUCTION & PROPERTY

Masimba frets over ZiG contractor payments

Construction firm Masimba Holdings Limited has raised concerns over the government's decision to pay contractors in the local currency, warning that the policy introduces uncertainty and poses signifi...

By Staff reporter | Published: 11 June 2026

POLITICS

Top Zanu-PF officials snub Chadzamira Presidential award luncheon

The absence of several senior Zanu PF officials from a celebration held in honour of Minister of State for Masvingo Provincial Affairs and Devolution Ezra Chadzamira after he received a Presidential a...

By Staff reporter | Published: 11 June 2026

LANDS & AGRICULTURE

Maize slips, but grain market holds firm

Commodity prices on the Zimbabwe Mercantile Exchange (ZMX) remained firm during the week ending June 6, supported by strong buyer demand and constrained local supplies across key agricultural commodi...

By Staff reporter | Published: 11 June 2026

BUSINESS NEWS

Nkayi FMD quarantine lifted

The Matabeleland North Veterinary Directorate has lifted the foot-and-mouth disease (FMD) quarantine in Nkayi district after more than 18 months of livestock movement restrictions, following confirma...

By Staff reporter | Published: 11 June 2026

POLITICS

Zanu-PF says it is not afraid of CAB3 referendum

ZANU-PF has dismissed suggestions that the proposed Constitution of Zimbabwe Amendment Bill No. 3 (CAB3) should be subjected to a referendum, arguing that the Constitution does not require a plebiscit...

By Staff reporter | Published: 11 June 2026

BUSINESS NEWS

Hotels fully booked ahead of Hlanganani/Sanganai

Major hotels in Masvingo are already recording occupancy levels of between 80 and 100 percent ahead of the 19th edition of the Sanganai/Hlanganani/Dzimbabwe World Tourism Expo, prompting the Zimbabwe ...

By Staff reporter | Published: 11 June 2026

BUSINESS NEWS

Beitbridge CBD extension project set to transform town

Construction of a new Central Business District (CBD) extension in Beitbridge has officially commenced, marking a significant milestone in efforts to modernise the border town and support its transfor...

By Staff reporter | Published: 11 June 2026
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