BUSINESS NEWS

Top athlete demanded US$3m to market Zimbabwe

A high-profile Zimbabwean sportsperson based abroad demanded US$3 million annually to promote the country as a tourism destination, Tourism and Hospitality Industry Minister Barbara Rwodzi has reveale...

By Staff reporter | Published: 03 September 2025

INDUSTRIALS & ENERGY

Zimbabwe tiles flood regional market

South Africa's largest floor tile manufacturer, Italtile, reports a decline in business as competition from neighbouring Zimbabwe and Zambia intensifies.For years, Zimbabwe and Zambia were among Italt...

By Staff reporter | Published: 27 August 2025

POLITICS

Traders seek Chiwenga's help over market fees

Vice-President Constantino Chiwenga has been dragged into a heated dispute at Harare's Mbare Musika retail market, where traders are protesting against what they describe as "extortionist fees" and e...

By Staff reporter | Published: 24 August 2025

BUSINESS NEWS

Court dismisses bar operators' case against Rufaro Marketing

The High Court has struck off the roll a case brought by three Harare bar operators against Rufaro Marketing (Pvt) Ltd, a company owned by the Harare City Council, in a ruling that strengthens the mu...

By Staff reporter | Published: 20 August 2025

FINANCIAL SERVICES

Funeral assurance dominates Zimbabwe's insurance market

In Zimbabwe, funeral assurance is more than an insurance product-it is a cultural practice, an economic safeguard, and a psychological comfort all rolled into one. While traditional life insurance pr...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

Zimbabwe tightens carbon market regulations

Zimbabwe has lost tens of millions of United States dollars over the years through unregulated carbon credit trade, prompting the Government to introduce strict new regulations and a national registry...

By Staff reporter | Published: 14 August 2025

LANDS & AGRICULTURE

Zimbabwe's tobacco marketing season ends

The 2025 tobacco marketing season officially came to a close yesterday, marking a historic milestone for Zimbabwe's agricultural sector as the country posted record-breaking output and earnings. While...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Supermarket selling expired soft drinks

Gutai Foods Supermarket, located at Mucheke Business Centre, has been fined US$200 for selling expired beverages following a court ruling by Magistrate Caroline Tafira Nyoni.In addition to the fine, M...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Zimbabwe cotton marketing season extended

The Agricultural Marketing Authority (AMA) has extended Zimbabwe's national cotton marketing season to 15 August 2025, giving farmers extra time to deliver their crop amid logistical challenges.The de...

By Staff reporter | Published: 04 August 2025

MINING & RETAIL

Hungry Lion enters Zimbabwe market

South African fast-food giant Hungry Lion has officially entered the Zimbabwean market, launching its first branch at the newly opened Greenfields Retail Centre in Harare. The move marks the brand's ...

By Staff reporter | Published: 29 July 2025

ZSE TODAY

Investors flee ZSE as forex exodus cripples markets

The Zimbabwe Stock Exchange (ZSE) is experiencing an unprecedented wave of foreign disinvestment as investors increasingly fail to remit their local earnings out of the country, sources familiar with ...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Fake Red Cross first aid certificates flood black market

Criminal syndicates are allegedly selling fake Zimbabwe Red Cross Society (ZRCS) first aid certificates in a countrywide scam that the humanitarian organisation has described as both dangerous and ill...

By Staff reporter | Published: 14 July 2025

INDUSTRIALS & ENERGY

Nestle battling with counterfeits on the market

Nestle Zimbabwe has announced a collaborative crackdown on counterfeit products, working closely with government agencies to identify and remove fake items masquerading as genuine Nestle goods from th...

By Staff reporter | Published: 05 July 2025

CONSTRUCTION & PROPERTY

Growth prospects shine in Zimbabwe's construction markets

Construction markets in Zimbabwe and South Africa are expected to maintain a strong growth trajectory, creating favorable conditions for companies like PPC to enhance their competitiveness against imp...

By Staff reporter | Published: 26 June 2025

BUSINESS NEWS

Lake Kariba black market fish trade fuels illicit financial flows

A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...

By Staff reporter | Published: 22 June 2025

INDUSTRIALS & ENERGY

Edgars turns to mass market and local supply

Edgars Stores Limited has effectively become Zimbabwe's sole listed clothing retailer after Truworths Zimbabwe entered corporate rescue in 2024, following a prolonged period of financial distress and ...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Capital Markets quiz competition set to kick off

Preparations are at an advanced stage for this year's Capital Markets High School Quiz Competition, which will see 40 schools from across Zimbabwe compete when the event kicks off tomorrow. This marks...

By Staff reporter | Published: 11 June 2025

MINING & RETAIL

OK Zimbabwe shuts down Food Lover's Market outlets

Retail giant OK Zimbabwe has announced the closure of its premium Food Lover's Market outlets in Borrowdale and Avondale, a move that underscores the mounting pressure on Zimbabwe's formal retail sect...

By Staff reporyter | Published: 04 June 2025

INDUSTRIALS & ENERGY

Private players to enter Zimbabwe's electricity retail market

Zimbabwe is set to open its electricity sector to private players who will be allowed to generate, transmit, and distribute power directly to households, especially in newly developed suburbs. This st...

By Staff reporter | Published: 16 May 2025

MINING & RETAIL

Edgars Zimbabwe shifts focus to low-end market

Edgars Stores Limited, one of Zimbabwe's leading clothing retailers, has announced a strategic shift toward the low-end market, revealing that 60% of the country's clothing market now falls within the...

By Staff reporter | Published: 13 May 2025

BUSINESS NEWS

Zimbabwe sets up carbon credit market regulatory framework

Zimbabwe has taken a significant step toward formalising its participation in global carbon markets by gazetting regulations to establish the Zimbabwe Carbon Market Authority (ZiCMA), a statutory body...

By Staff reporter | Published: 07 May 2025

BUSINESS NEWS

RBZ's market-determined exchange rate spurs ZiG stability

The Reserve Bank of Zimbabwe (RBZ)'s adoption of a market-determined exchange rate system has ushered in a new era of stability and confidence in the Zimbabwe Gold (ZiG) currency, with the recent remo...

By Staff reporter | Published: 04 May 2025

BUSINESS NEWS

Bulawayo capitalises on ZITF to market city opportunities

Bulawayo Mayor, Councillor David Coltart, has praised the 65th edition of the Zimbabwe International Trade Fair (ZITF) for providing a valuable platform to market the city's abundant investment opport...

By Staff reporter | Published: 28 April 2025

INDUSTRIALS & ENERGY

Varun Beverages is reshaping Zimbabwe's consumer market

WHEN Varun Beverages Zimbabwe began commercial production in January 2018, it had a single production line.Today, the company boasts four backward-integrated lines manufacturing bottle closures and pr...

By Staff reporter | Published: 18 April 2025

ZIMBABWE

VFEX market turnover rises to US$58,5m in Q1

THE Victoria Falls Stock Exchange (VFEX) recorded a 383% increase in total market turnover to US$58,5 million during the first quarter, indicating a surge in investor interest.The total market turnove...

By Staff reporter | Published: 14 April 2025
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