BUSINESS NEWS

Deep structural reforms crucial for Zimbabwe

The Confederation of Zimbabwe Industries (CZI) has warned that Zimbabwe's goal of achieving upper-middle-income economy status by 2030 will remain elusive without urgent and deep structural reforms, c...

By Staff reporter | Published: 11 August 2025

AFRICA

'ZiG outperforms regional peers'

The Reserve Bank of Zimbabwe (RBZ) has lauded the Zimbabwe Gold (ZiG) currency for its sustained stability and strong performance compared to several regional currencies within the Southern African De...

By Staff reporter | Published: 08 August 2025

ZIMBABWE

Zimbabwe races to implement IMF-backed reforms

Zimbabwe is racing to implement wide-ranging fiscal and monetary reforms agreed with the International Monetary Fund (IMF), as the country seeks to exit its long-standing debt crisis, rebuild trust wi...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Zimbabwe govt commits to service delivery reforms

Government has reaffirmed its commitment to enhancing service delivery through robust monitoring, evaluation and learning systems across all ministries, departments and agencies.Speaking at a breakfas...

By Staff reporter | Published: 01 August 2025

POLITICS

Chiwenga confirms he reported Marry Mubaiwa

Vice President Constantino Chiwenga has revealed that he was the one who reported his ex-wife, Marry Mubaiwa, for alleged criminal activities, and has welcomed the forfeiture and auctioning of her ass...

By Staff reporter | Published: 30 July 2025

BUSINESS NEWS

Mnangagwa orders immediate reforms to ease doing business

President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting o...

By Staff reporter | Published: 30 July 2025

CRICKET

Zimbabwe's disastrous Tri-Series sparks calls for reforms

Zimbabwe's dismal performance in the just-ended T20 International Triangular Series, hosted on home soil and featuring South Africa and New Zealand, has exposed deep cracks within the country's crick...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

ZimStat confirms dominance of Zimbabwe's huge informal sector

The Zimbabwean economy is overwhelmingly dominated by informal micro-businesses, according to a preliminary report of the 2023 Economic Census released yesterday by the Zimbabwe National Statistics Ag...

By Staff reporter | Published: 24 July 2025

SOCCER

ZACC confirms Bosso probe over suspected graft

The Zimbabwe Anti-Corruption Commission (ZACC) has launched an investigation into Highlanders Football Club over suspected corruption linked to player transfers and financial mismanagement.Confirming ...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Mutapa to shake-up State firms

Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, is preparing to roll out sweeping leadership changes across dozens of its portfolio state-owned enterprises (SOEs) as part of a bold st...

By Staff reporter | Published: 13 July 2025

POLITICS

Mnangagwa under fire over farms title deeds

President Emmerson Mnangagwa's controversial land tenure reforms have come under intense scrutiny amid criticism from war veterans and political observers, who argue the policy threatens to reverse Zi...

By Staff reporter | Published: 13 July 2025

BUSINESS NEWS

Musicians call for reforms at Zimura

The conviction of Zimbabwe Music Rights Association (ZIMURA) Executive Director Polisile Ncube Chimhini on fraud charges has reignited calls for sweeping reforms at the country's primary music rights ...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Outcry as Chinese mining firms flout basic safety rules in Zimbabwe

Zimbabwe's mining sector is experiencing a surge of fresh foreign and local investment, especially from Chinese firms eager to exploit lithium, gold, chrome, and coal deposits. However, this boom is s...

By Staff reporter | Published: 27 June 2025

BUSINESS NEWS

Private sector, experts hail Zimra's TaRMS tax regime

Private sector players and financial experts have praised Zimbabwe's Tax and Revenue Management System (TaRMS) for significantly improving taxpayer accessibility and compliance, particularly among sma...

By Staff reporter | Published: 19 June 2025

OPINION

Mutsvangwa's Mugabe coup remark opens can of worms

Observers have criticized Zanu-PF spokesperson Christopher Mutsvangwa for speaking with a "forked tongue" following his recent remarks alleging that the late former President Robert Mugabe was removed...

By Staff reporter | Published: 01 June 2025

BUSINESS NEWS

Matabeleland firms shine at ZNCC awards

Mr. Hafiz Muhammad Naeem of Evergold was the star of the evening on Friday as he took home the Overall Winner and Businessman of the Year awards at the Zimbabwe National Chamber of Commerce (ZNCC) 202...

By Staff reporter | Published: 01 June 2025

LANDS & AGRICULTURE

Seed firms crippled by Zimbabwe govt debt

Zimbabwe's seed industry is teetering on the edge of collapse as the government grapples with ballooning debt, having failed to pay seed suppliers nearly US$270 million over the past three farming sea...

By Staff reporter | Published: 22 May 2025

BUSINESS NEWS

EU urges Zimbabwe firms to come up with bankable projects

The European Union (EU) ambassador to Zimbabwe, Jobst von Kirchmann, has called on local businesses to develop bankable projects to attract investment funding, as the EU recently secured over US$100 m...

By Staff reporter | Published: 22 May 2025

BUSINESS NEWS

UK firms eye US$1 billion in Zimbabwe investments

British companies are preparing to inject nearly US$1 billion into Zimbabwe's economy, targeting critical sectors such as dairy production, mining, and renewable energy. The investment drive signals a...

By Staff reporter | Published: 29 April 2025

BUSINESS NEWS

China reaffirms commitment to Zimbabwe's industrialisation agenda

Chinese ambassador Zhou Ding has reiterated his country's strong commitment to supporting Zimbabwe's industrialisation and sustainable development agenda, as economic ties between the two nations cont...

By Staff reporter | Published: 25 April 2025

BUSINESS NEWS

7 more firms for Bulawayo-Victoria Falls road upgrade

The Government has engaged seven additional contractors to fast-track the full rehabilitation of the Bulawayo - Victoria Falls highway, a key economic and tourism corridor that has long been in a stat...

By Staff reporter | Published: 14 April 2025

FINANCIAL SERVICES

European Investment Bank warms up to Zimbabwe

The European Investment Bank (EIB) has availed about €40m to Zimbabwe banks within a year, which will go towards bailing out the country's SMEs and mid-cap companies, in a vote of confidence in the ...

By Staff reporter | Published: 02 June 2022

BUSINESS NEWS

Zimbabwe economic reforms win IMF approval

The International Monetary Fund (IMF) has lauded Zimbabwe's economic reforms but warned they might take time to bear fruit since they were meant to correct mistakes that happened over two decades.IMF ...

By Staff reporter | Published: 11 October 2019

BUSINESS NEWS

Local firms seek to partner UK companies

SOME local companies are reportedly negotiating distributor arrangements with United Kingdom (UK) firms and have identified business partners who will provide machinery for value-adding their products...

By Staff reporter | Published: 10 October 2019

FINANCIAL SERVICES

IPEC sets terms on forex denominated insurance policies

The Insurance and Pensions  Commission (IPEC) made a statement on the forward going policy for foreign currency dominated insurance policies. The development comes in the midst of a growing confi...

By Staff reporter | Published: 02 October 2019
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