BUSINESS NEWS

Zimbabwe-China trade hits US$1.9 billion

Trade between Zimbabwe and China has surged to an impressive US$1.9 billion in the first five months of 2025, reflecting an annual growth rate of over 18%, according to figures revealed at the China-Z...

By Staff reporter | Published: 17 July 2025

POLITICS

Mahere hit with US$100,000 defamation lawsuit

Prominent lawyer and opposition figure Fadzayi Mahere has been served with a US$100,000 defamation lawsuit by Minister of Youth, Empowerment, Development and Vocational Training, Tinoda Machakaire, fo...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

Bulawayo City Council hit by US$82,000 bitumen scandal

The Bulawayo City Council (BCC) has been rocked by yet another corruption scandal, this time involving the mysterious disappearance of 285 drums of bitumen - vital road construction material - worth o...

By Staff reporter | Published: 06 July 2025

BUSINESS NEWS

Timber shortage hits Zimbabwe

Zimbabwe is grappling with a serious timber shortage that has left the local market heavily reliant on imports from neighbouring countries, particularly South Africa, as deep-rooted challenges continu...

By Staff reporter | Published: 04 July 2025

INDUSTRIALS & ENERGY

Zimbabwe hit by nationwide power outage

Zimbabwe experienced a nationwide power outage on Thursday afternoon after a major system disturbance knocked out power generation at Kariba and Hwange power stations, the country's main electricity s...

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

EDUCATION

Mass exodus of teachers hits Zimbabwe's education sector

Zimbabwe's education sector is facing a worsening crisis as thousands of government-employed teachers continue to resign each year due to poor salaries, lack of job satisfaction, and growing politicis...

By Staff reporter | Published: 29 June 2025

BUSINESS NEWS

Spike in armed robberies hits Bulawayo transport operators

A worrying surge in armed robberies targeting transport operators, including pirate taxis, has gripped Bulawayo, with police issuing a stern warning to drivers to exercise caution - especially when pi...

By Staff reporter | Published: 22 June 2025

TELECOMS & TECHNOLOGY

Zimbabwe's mobile network operators hit by currency woes

Zimbabwe's mobile network operators (MNOs) are reeling from a sharp decline in profitability, with spiralling costs and exchange rate volatility emerging as key culprits, according to a new industry r...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Zim war veterans lose court bid to block compensation of white ex-farmers

The High Court has dismissed an application by a group of war veterans seeking to block the Government from compensating white former commercial farmers whose land was repossessed during Zimbabwe's Fa...

By Staff reporter | Published: 01 June 2025

POLITICS

UK closure of care work visa to hit Zimbabweans hard

The United Kingdom's decision to permanently shut down its care worker visa route has sent shockwaves across Zimbabwe, where the scheme had offered thousands a much-needed escape from economic hardshi...

By Staff reporter | Published: 13 May 2025

FINANCIAL SERVICES

Standard Chartered Plc takes US$172m hit on Zimbabwe exit

British banking giant Standard Chartered PLC (StanChart) has reported a US$172 million loss in 2024 tied to the sale of its Zimbabwean subsidiary, citing severe foreign exchange translation losses tha...

By Staff reporter | Published: 09 May 2025

INDUSTRIALS & ENERGY

Eat n Lick hits troubled times

Popular fast-food chain Eat n Lick is facing internal turmoil amid rising worker dissatisfaction over unpaid salaries and poor welfare conditions, raising questions over the company's aggressive expan...

By Staff reporter | Published: 09 May 2025

MINING & RETAIL

Chitando bemoans gold smuggling

Mines and Mining Development Minister Winston Chitando has raised alarm over the persistent threat of gold smuggling and other illicit activities, warning that Zimbabwe could be losing up to 40% of it...

By Staff reporter | Published: 09 May 2025

BUSINESS NEWS

Zimbabwe ZWG yearly inflation hits 85%

The Confederation of Zimbabwe Industries (CZI) has raised alarm over the country's ZWG inflationary trends, which it says are not aligning with current market interventions, suggesting that Zimbabwe i...

By Staff reporter | Published: 08 May 2025

BUSINESS NEWS

Kariba Dam rehabilitation programme hits milestone

The Zambezi River Authority (ZRA) has successfully completed quality checks on Floodgate 1 of the Kariba Dam, marking a major milestone in the ongoing rehabilitation of one of southern Africa's most c...

By Staff reporter | Published: 26 April 2025

BUSINESS NEWS

White and black farmers still bear the scars of Zimbabwe's land grabs

Guy Watson-Smith felt hurt and betrayed when his 5,000-hectare (12,355-acre) farm in Beatrice, in Zimbabwe's Mashonaland East province, was violently invaded by three armed men in the early 2000s.The ...

By Farai Matiashe, Al Jazeera | Published: 24 April 2025

BUSINESS NEWS

ZITF instant driver's licence printing a hit

In a breakthrough for service delivery, hundreds of citizens have received their plastic driver's licences within minutes of passing road tests at the ongoing Zimbabwe International Trade Fair (ZITF),...

By Staff reporter | Published: 24 April 2025

POLITICS

Roadworks scandal hits Harare

Harare City Council (HCC) is reeling from yet another controversy after an internal audit unearthed a major scandal through which some road contractors engaged to rehabilitate 43 selected roads in the...

By Staff reporter | Published: 06 October 2019

MINING & RETAIL

Makomo Resources hit by forex shortages

COAL miner Makomo Resources is only getting about 50% of its foreign currency requirements for the importation of critical inputs like spares, a situation that has crippled its production, an official...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

Forex speculators hit hard

Currency speculators who, last week, disposed of their Zimbabwean dollars for the US dollar at very high exchange rates with the expectation that the local currency will plunge further, are counting t...

By Staff reporter | Published: 24 September 2019

MINING & RETAIL

Zimbabwe to be first African country to put lithium in lead batteries

Zimbabwe will in coming weeks sign agreements on the development and value addition of lithium lead batteries as the country seeks to transform the mining sector into a $12 billion industry in the nex...

By Staff reporter | Published: 23 September 2019

MINING & RETAIL

Zimbabwe scraps 15% tax on raw platinum exports

Zimbabwe's platinum mining companies have come up with a roadmap for refinery plants that have seen the government considering the removal of a 15 percent tax on raw exports for the commodity.While co...

By Staff reporter | Published: 16 July 2019

BUSINESS NEWS

Zimbabwe trade deficit hits $32,15bn

ZIMBABWE has, since 2009, accumulated a trade deficit of $32,15 billion, a development that has left the country battling with persistent foreign currency shortages, a government official has said.Giv...

By Staff reporter | Published: 05 July 2019
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