BUSINESS NEWS

Govt forced to suspend 2nd Shurugwi tollgate

The government has suspended plans to construct a second tollgate in Shurugwi following widespread opposition from residents, local leaders and stakeholders, Shurugwi South legislator Wilson Mhuri has...

By Staff reporter | Published: 8 hours ago

BUSINESS NEWS

ZSE loses US$1.16bn as delistings deepen market shrinkage

Zimbabwe's main stock market is facing mounting pressure after losing an estimated US$1.16 billion in market value since the beginning of the year, with the departure of major listed companies led by...

By Sgtaff reporter | Published: 07 June 2026

BUSINESS NEWS

Water shortages persist in Bulawayo and Harare

Despite Zimbabwe recording one of its wettest rainy seasons in recent history, major urban centres such as Bulawayo and Harare continue to grapple with persistent water shortages, highlighting deep-r...

By Staff reporter | Published: 07 June 2026

OPINION

Zimbabwe's untapped Titanium economy

FOR decades, discussions about Zimbabwe's economic future have largely revolved around government policy, foreign investment, mining giants, and large corporations. Yet beneath these headline sectors...

By Brighton Musonza | Published: 07 June 2026

BUSINESS NEWS

CIMAS announces US$7,000 innovation competition

CIMAS Health Group has announced a US$7,000 Healthathon aimed at supporting and incubating local technological innovations designed to address challenges in Zimbabwe's healthcare sector.The competiti...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

RioZim loss deepens as gold output plunges 80%

Diversified mining group RioZim has reported a widened loss for the year ended December 2025, driven by a steep collapse in gold production, persistent operational challenges and ongoing funding cons...

By Staff reporter | Published: 07 June 2026

BUSINESS NEWS

Zimbabwe mine inspectors given full backing to shut unsafe mines

Minister of Mines and Mining Development Dr Polite Kambamura has pledged unwavering government support for mine inspectors, declaring that closure or suspension orders issued against unsafe mining op...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe to sign petroleum deal with Geo Associates

The Government of Zimbabwe is expected to officially sign a Petroleum Production Sharing Agreement (PPSA) with Geo Associates on May 27, 2026, in a move seen as a major step toward attracting investme...

By Staff reporter | Published: 27 May 2026

POLITICS

Zanu-PF MP duped US$100k in black magic deal

Zanu-PF Member of Parliament for Masvingo South, Tanatsiwa Mukomberi, has reportedly been defrauded of US$100 000 in a suspected "black magic money" scam involving counterfeit US dollars and fake inv...

By Staff reporter | Published: 27 May 2026

MINING & RETAIL

OK Zimbabwe temporarily suspends employee salaries

Retail giant OK Zimbabwe Limited has suspended its payroll after its joint works council approved a temporary halt to salaries and wages, as the company battles severe financial distress under corpor...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

Zimpapers stands firm on Chivayo gifts row

Wicknell Chivayo's lavish gifts to employees at Zimpapers' Capitalk FM have triggered a major corporate governance dispute, with the media group reaffirming that staff who accept expensive gifts risk...

By Staff reporter | Published: 24 May 2026

BUSINESS NEWS

NSSA expands pension cover to vendors, traders

The National Social Security Authority (NSSA) is finalising reforms aimed at expanding pension and social security coverage to more than three million workers in Zimbabwe's informal sector, including...

By Staff reporter | Published: 24 May 2026

FINANCIAL SERVICES

IPEC launches regulatory sandbox for insurance sector

Zimbabwe's insurance and pensions sector has taken a major step toward digital transformation following the launch of the Insurance and Pensions Commission (IPEC) Regulatory Sandbox, a platform desig...

By Staff reporter | Published: 24 May 2026

TRANSPORT & TOURISM

Kombi operators resist move to egodini

COMMUTER omnibus operators who previously operated from Bulawayo's controversial Sixth Avenue taxi rank are resisting a directive by the Bulawayo City Council (BCC) to relocate to the Egodini Taxi Ra...

By Staff reporter | Published: 19 May 2026

POLITICS

Mnangagwa secret trip mystery deepens

A "secretive" foreign trip by Zimbabwean President Emmerson Mnangagwa to Belarus has triggered speculation within government and the ruling Zanu-PF party amid growing succession tensions ahead of the...

By Staff reporter | Published: 19 May 2026

BUSINESS NEWS

Wage arrears crisis deepens across Zimbabwe

A growing backlog of unpaid wages is sweeping across Zimbabwe's public and private sectors, with workers in local authorities, state enterprises and parts of the civil service reporting salary arrear...

By Staff reporter | Published: 19 May 2026

BUSINESS NEWS

Zimbabwe records Africa's sharpest fuel price hikes

Zimbabwe imposed the steepest fuel price increases in Africa during the latest Middle East oil shock, according to a joint report by four major international institutions examining the economic fallo...

By Staff reporter | Published: 16 May 2026

LANDS & AGRICULTURE

Lowveld sugar crisis deepens

THE sugar industry is facing mounting uncertainty after Lowveld sugarcane outgrowers formally appealed for Government intervention, accusing Tongaat Hulett Zimbabwe of imposing unsustainable prices a...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Chivayo seeks workaround to Zimpapers gift ban

BUSINESSMAN Wicknell Chivayo has moved to circumvent a Zimpapers policy blocking extravagant gifts to employees after unveiling a controversial arrangement in which a car dealer would sell two Capita...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Mnangagwa satisfied after RBZ gold reserves inspection

President Emmerson Mnangagwa today visited the Reserve Bank of Zimbabwe (RBZ) in Harare to inspect the country's current gold reserves and assess the stability of the financial system.He was informed ...

By Staff reporter | Published: 12 May 2026

EUROPE

EU seeks deeper economic ties with Zimbabwe

The European Union says it is seeking to deepen economic relations with Zimbabwe, highlighting the country's duty-free and quota-free access to European markets as a key driver for trade and investmen...

By Staff reporter | Published: 11 May 2026

TRANSPORT & TOURISM

Zimbabwean's FlyCristal secures aircraft to begin operations

Zimbabwean start-up airline FlyCristal Airways has reached a major milestone in its growth strategy after securing its first aircraft to commence initial operational services. The carrier has acquired...

By Staff reporter | Published: 08 May 2026

BUSINESS NEWS

Limpopo rail line reopens after flood damage

The full reopening of the Limpopo railway line linking Mozambique with Zimbabwe and Botswana has raised hopes for improved regional trade and cargo movement following months of disruption caused by se...

By Staff reporter | Published: 08 May 2026

INDUSTRIALS & ENERGY

Zara holds while SADC peers breach historic price records

Zimbabwe has kept petrol and diesel prices unchanged for the period to 15 May 2026, even as neighbouring South Africa implemented some of its steepest monthly fuel increases in recent years following ...

By Staff reporter | Published: 07 May 2026

LANDS & AGRICULTURE

Mnangagwa returning 67 European-owned farms

Zimbabwe will return 67 farms previously seized during the country's controversial land reform programme to nationals from Denmark, Switzerland, Germany and the Netherlands, Agriculture Minister Anxio...

By Staff reporter | Published: 07 May 2026
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