CONSTRUCTION & PROPERTY

Funding constraints stall Victoria Falls Highway rehab

The Zimbabwean government has admitted that financial constraints are slowing the rehabilitation of the strategic Bulawayo - Victoria Falls Highway, amid growing concern over deteriorating road condi...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Zimbabwe govt funds winning innovations

THE Government has started disbursing funding to support the commercialisation of research projects and innovations that emerged victorious at the 2025 Presidential Innovation Fair, a senior official...

By Staff reporter | Published: 16 May 2026

MINING & RETAIL

US$1m youth fund rollout begins

The Government of Zimbabwe says disbursements under the US$1 million Youth Economic Empowerment Fund will begin this week, marking a shift from policy to implementation as efforts intensify to expand ...

By Staff reporter | Published: 04 May 2026

BUSINESS NEWS

Zimbabwe launches $1m youth fund at ZITF

The Government has launched a US$1 million Youth Economic Fund aimed at expanding access to finance for young entrepreneurs across all 10 provinces.The fund, which will be administered through Empower...

By Staff reporter | Published: 22 April 2026

POLITICS

Chivayo withdraws MPs' US$3.6m pledge, redirects funds to Zanu-PF

Businessman Wicknell Chivayo has withdrawn his controversial US$3.6 million offer to Zimbabwe's 360 legislators following a backlash that exposed divisions within the ruling Zanu-PF.He has instead inc...

By Staff reporter | Published: 21 April 2026

BUSINESS NEWS

Liquid retires US$620m bond, secures new funding

Liquid Intelligent Technologies, the parent company of Liquid Zimbabwe, has retired its US$620 million five-year bond ahead of its September maturity date, in a move aimed at strengthening its balance...

By Staff reporter | Published: 21 April 2026

AMERICAS

Trump admin launches $166B tariff refund portal

The Trump administration on Monday launched a new system to begin refunding $166 billion in tariffs to U.S. importers after the Supreme Court ruled the levies unlawful earlier this year.The system, kn...

By Staff reporter | Published: 20 April 2026

BUSINESS NEWS

Zimbabwe medical funds fight clinics sell-off

The Association of Healthcare Funders of Zimbabwe (AHFoZ) has petitioned Parliament to halt proposed amendments that would bar medical aid societies from operating clinics, hospitals, pharmacies, and ...

By Staff reporter | Published: 19 April 2026

BUSINESS NEWS

Mutapa Fund seals US$1bn financing deals

  Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, secured more than US$1 billion in financing deals during 2025, marking a shift from project planning to execution across ke...

By Staff reporter | Published: 17 April 2026

POLITICS

Chinamasa defrauds R13 million in accident funds

An East London mother has told the Specialised Commercial Crimes Court that she spent years trying to recover compensation from attorney Manfred Chinamasa, but never received any payment before her so...

By Staff reporter | Published: 12 April 2026

BUSINESS NEWS

Zimbabwe to reforms Mutapa Investment Fund

The Zimbabwean government is planning comprehensive reforms to the Mutapa Investment Fund, aiming to position the country's sovereign wealth vehicle at the centre of efforts to restructure and commerc...

By Staff reporter | Published: 11 December 2025

BUSINESS NEWS

MP calls for long-term roads rehabilitation funding

Nyanga South Member of Parliament Supa Mandiwanzira has called on the government to explore long-term financing solutions for road rehabilitation projects, suggesting the engagement of pension funds a...

By Staff reporter | Published: 14 November 2025

BUSINESS NEWS

Ministries decry severe underfunding

Concerns over chronic underfunding dominated the 2026 national budget discussions, with nearly every ministry lamenting shrinking allocations, delayed disbursements and stalled programmes during a rec...

By Staff reporter | Published: 14 November 2025

POLITICS

Mnangagwa launches empowerment fund for Zanu-PF wings

In a bid to strengthen ruling party structures and promote grassroots empowerment, President Emmerson Mnangagwa yesterday launched a US$200,000 revolving empowerment fund for Zanu-PF wings in Zone 1, ...

By Staff reporter | Published: 12 November 2025

BUSINESS NEWS

Tsholotsho RDC rocked by campfire funds scandal

The Tsholotsho Rural District Council (RDC) has been plunged into controversy following allegations of misappropriation of Communal Areas Management Programme for Indigenous Resources (Campfire) fund...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Kurotwi loses US$3.6 million unfrozen diamond funds appeal

The Supreme Court has dismissed an appeal by businessman Lovemore Kurotwi and his company Canadile Miners (Pvt) Ltd, ending a long-running legal battle over US$3.6 million originally belonging to the ...

By Staff reporter | Published: 03 November 2025

BUSINESS NEWS

Zimbabwe pension funds assets rise to US$2,60bn

Assets in Zimbabwe's pensions sector grew by 6 percent to US$2,63 billion in the first half of 2025, driven by new investments and fair value gains. However, the Insurance and Pensions Commission (IP...

By Staff reporter | Published: 20 October 2025

POLITICS

'Tagwirei funded the military in 2017 coup that toppled Mugabe'

Zanu-PF's Secretary for Legal Affairs, Ziyambi Ziyambi, has disclosed that controversial businessman Kudakwashe Tagwirei played a financial role in the military-led ousting of former President Robert...

By Staff reporter | Published: 16 October 2025

POLITICS

Zanu-PF warns fund beneficiaries

Zanu-PF and the Second Republic will not tolerate the misuse of funds disbursed under the Presidential Revolving Fund, party affiliates have been warned. The caution was issued by Madzibaba Moses, na...

By Staff reporter | Published: 15 October 2025

EDUCATION

'Funds available for exam markers'

Primary and Secondary Education Minister Dr Torerayi Moyo has assured that funds are available to pay teachers who will mark public examinations conducted by the Zimbabwe School Examinations Council ...

By Staff reporter | Published: 09 October 2025

EDUCATION

Teachers criticise govt over underfunded education sector

Teachers have criticised the government for failing to adequately fund Zimbabwe's education sector, warning that insufficient support threatens education delivery.The remarks were made as the country...

By Staff reporter | Published: 08 October 2025

BUSINESS NEWS

Rockshade ordered to refund Methodist Church

The High Court has ordered Rockshade Car Rentals and Tours to refund the Methodist Church in Zimbabwe (MCZ) US$7,125 after the company failed to provide a 60-seater luxury bus as contracted, instead ...

By Staff reporter | Published: 06 October 2025

POLITICS

Zimbabwe Treasury stalls funding of cancer machines

Zimbabwe's two largest referral hospitals, Parirenyatwa Group of Hospitals in Harare and Mpilo Central Hospital in Bulawayo, remain without life-saving cancer treatment machines due to a delay in rel...

By Staff reporter | Published: 05 October 2025

BUSINESS NEWS

Govt releases funds to overhaul Chitungwiza sewer system

The government has released part of the US$2.2 million needed to rehabilitate Chitungwiza's failing sewer system, beginning critical works on the Zengeza Outfall Sewer Line.Harare Metropolitan Affairs...

By Staff reporter | Published: 03 October 2025

POLITICS

Mafume raises concerns over council pension funds

Harare Mayor Jacob Mafume has raised serious concerns over the management and allocation of the council's pension funds, questioning their effectiveness in supporting local businesses and infrastructu...

By Staff reporter | Published: 02 October 2025
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