BUSINESS NEWS

Betting industry complies with betting tax regulations

Zimbabwe's sports betting operators have largely complied with the 10 percent gross winnings withholding tax introduced by Government in January 2025, with upgraded systems now enabling efficient and ...

By Staff reporter | Published: 11 November 2025

BUSINESS NEWS

Zimbabwe defends tobacco industry

The Government has defended Zimbabwe's tobacco industry ahead of the upcoming global anti-tobacco meetings, warning that international efforts to restrict production could have devastating effects on...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Cheap imports choke Zimbabwe pharmaceutical industry

Zimbabwe's pharmaceutical sector is facing collapse as a surge of low-cost generic drugs, mainly from China and India, floods the market - undercutting local manufacturers already struggling with high...

By Staff reporter | Published: 03 November 2025

BUSINESS NEWS

Zimbabwean timber industry turns to imports

Some Zimbabwean companies have begun importing timber to address a critical supply gap that has been expanding over the past two decades, a development that industry leaders warn could signal the star...

By Staff reporter | Published: 13 October 2025

BUSINESS NEWS

Industry raises alarm over high rates and rentals

Industry leaders have raised alarm over the high rates and rentals charged by local authorities, warning that the trend is threatening the viability of businesses and undermining government efforts t...

By Staff reporter | Published: 05 October 2025

BUSINESS NEWS

Zimbabwe's construction industry faces crisis

Zimbabwe's construction sector is under severe strain, with economic volatility, financing difficulties, and structural bottlenecks threatening its growth and sustainability, the Construction Industr...

By Staff reporter | Published: 30 September 2025

BUSINESS NEWS

Sugar tax harming Zimbabwe’s beverage industry

Zimbabwe’s largest business lobby, the Confederation of Zimbabwe Industries (CZI), has raised concerns that the country’s sugar content surtax on beverages is crippling local manufacturers and und...

By Staff reporter | Published: 03 September 2025

POLITICS

Harare's sex work industry expanding

Zimbabwe's faltering economy has pushed an increasing number of young women into sex work, heightening concerns over public health risks and HIV transmission.Theresa*, 23, from Chitungwiza, turned to ...

By Staff reporter | Published: 18 August 2025

INDUSTRIALS & ENERGY

Zimbabwe's textile industry on the brink

Zimbabwe's once-thriving textile industry is facing imminent collapse, crippled by a surge in second-hand clothing imports and rampant smuggling that continue to erode the market share of local manufa...

By Staff reporter | Published: 17 August 2025

BUSINESS NEWS

Zida warns US$43,12m at stake in haulage, logistics industry

The Zimbabwe Investment and Development Agency (Zida) has raised alarm over the potential loss of US$43.12 million in foreign investment in the haulage and logistics sector, following the implementati...

By Staff reporter | Published: 10 July 2025

BUSINESS NEWS

Pharmaceutical industry grapples with border smuggling

Zimbabwe's pharmaceutical industry is battling a cocktail of systemic challenges that are stifling growth and jeopardising public health, sector leaders have warned.At the third annual Community Pharm...

By Staff reporter | Published: 07 July 2025

BUSINESS NEWS

Zim industry leaders call for Unified Taxation System

Zimbabwe's business community has raised concerns over the country's fragmented taxation system, urging the government to adopt a unified tax framework to alleviate the heavy burden of multiple taxes ...

By Staff reporter | Published: 01 July 2025

BUSINESS NEWS

Zimbabwe gazettes new capital requirements for insurance industry

The Zimbabwean government has gazetted new minimum capital requirements in United States Dollars for players in the insurance sector, a move aimed at strengthening the financial soundness and operatio...

By Staff reporter | Published: 24 June 2025

TRANSPORT & TOURISM

France's Accor enters Zimbabwe's hospitality industry

FRENCH multinational hospitality company, Accor SA, has entered the local market after signing Notovel Victoria Falls Hotel, a landmark project in the resort city.Accor is considered the largest hospi...

By Staff reporter | Published: 24 June 2025

AFRICA BUSINESS

SADC pushes for education reform to spur industry

Ministers from southern Africa have called for sweeping reforms to education systems across the region, citing the urgent need to align learning with industrialisation, regional integration and socio-...

By Staff reporter | Published: 24 June 2025

MINING & RETAIL

Zimbabwe mining industry to grow by 7% in 2025

Zimbabwe's mining industry is projected to grow by more than 7 percent in 2025, spurred by stellar performances in gold and coal production, according to the Chamber of Mines of Zimbabwe (CoMZ).Latest...

By Staff reporter | Published: 18 May 2025

INDUSTRIALS & ENERGY

Zimbabwean industry told to stop importing steel

Dinson Iron and Steel Company (DISCO) Chief Executive Officer, Takana Xu, has called on Zimbabwean industries to stop importing steel and instead support local production, saying the country is now ca...

By Staff reporter | Published: 10 May 2025

TRADE & INDUSTRY

Zimbabwe's steel industry set for a significant revival

Zimbabwe's steel industry is set for a significant revival as the Zimbabwe Iron and Steel Company (Zisco) collaborates with Dinson Iron & Steel Company to drive growth and development in the secto...

By Staff reporter | Published: 10 May 2025

MINING & RETAIL

Zimbabwe's mining industry sees significant progress

The Government of Zimbabwe has announced significant progress in the development of its Mineral Development Policy and the rollout of a new Online Permit System, as part of its ongoing efforts to mode...

By Staff reporter | Published: 01 May 2025

EDUCATION

Chiwenga urges industry to partner universities

Vice-President Constantino Chiwenga yesterday called on Zimbabwe's industry and commerce sectors to strengthen their collaboration with universities and research institutions to drive innovation and f...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

Pensions industry's financial position strengthens in 2024

THE pensions industry's total asset valuation rose by 13,3% to US$2,26 billion last year, driven by revaluation gains, new investments and fair value gains on investments, a new report has shown.The g...

By Staff reporter | Published: 14 April 2025

ZIMBABWE

Inflationary pressures choke Zimbabwe industry

A rising bout of inflation is posing a severe threat to Zimbabwe's industries amid growing fears most companies will struggle to restock, which could potentially trigger a significant reduction in pro...

By Staff reporter | Published: 02 June 2022

INDUSTRIALS & ENERGY

Cooking oil industry engages RBZ

The cooking oil industry has engaged the Reserve Bank of Zimbabwe (RBZ) to review the weekly allocation of US$500 000 per member at a time when the edible price has more than doubled due to opening up...

By Staff reporter | Published: 02 June 2022

TELECOMS & TECHNOLOGY

Zimbabwe telecoms industry courts Indian investors

Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabwe industry capacity utilisation to drop to 30%

MANUFACTURING sector capacity utilisation is projected to drop to about 30 percent this year from 48 percent in 2018 due to negative macro-economic factors that hit Zimbabwe since January, the Confede...

By Staff reporter | Published: 07 October 2019
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