BUSINESS NEWS

Zimbabwe agriculture sector surpasses US$10 billion

President Emmerson Mnangagwa has commended the Ministry of Lands, Agriculture, Fisheries, Water and Rural Development for steering the country's agriculture sector beyond expectations, growing it from...

By Staff reporter | Published: 04 November 2025

BUSINESS NEWS

Zera, ZETDC iron out proposed private sector power retail deal

The Zimbabwe Energy Regulatory Authority (ZERA) and the Zimbabwe Electricity Transmission and Distribution Company (ZETDC) are working on modalities to operationalise the government's plan to open up ...

By Staff reporter | Published: 28 October 2025

BUSINESS NEWS

400 000 houses to get private sector electricity connection

At least 400 000 houses in urban areas and growth points across Zimbabwe are set to be connected to the national power grid under a private sector-led electricity distribution and retail initiative, E...

By Staff reporter | Published: 28 October 2025

BUSINESS NEWS

Zimbabwe opens electricity sector to private players

Zimbabwe's power generation and distribution sector has received a major boost following Government approval for private players to participate in the retailing and distribution of electricity - a lan...

By Staff reporter | Published: 24 October 2025

BUSINESS NEWS

Rushwaya warns of revolt over Chinese abuses in mining sector

Zimbabwe Miners Federation (ZMF) president Henrietta Rushwaya has issued a stern warning to government, accusing some Chinese investors of killing, abusing, and exploiting local small-scale miners - ...

By Staff reporter | Published: 21 October 2025

BUSINESS NEWS

Pensions sector demonstrates resilient growth

Zimbabwe's pensions sector recorded steady growth in the first half of 2025, with total assets rising to US$2.63 billion (ZWG70.76 billion) as of June 30, reflecting a 6% increase from US$2.48 billio...

By Staff reporter | Published: 17 October 2025

POLITICS

'Sanctions bleeding Zimbabwe health sector'

Health and Child Care Deputy Minister Slayman Kwidini has attributed the collapse of Zimbabwe's local pharmaceutical manufacturing sector to Western-imposed sanctions, citing firms such as Datlabs an...

By Staff reporter | Published: 14 October 2025

BUSINESS NEWS

Forex revenue drives short-term insurance sector

Short-term insurers in Zimbabwe reported foreign currency-denominated insurance revenue amounting to US$114.55 million for the half year ended June 30, 2025 - a 29% increase from the previous year - ...

By Staff reporter | Published: 13 October 2025

MINING & RETAIL

Zimbabwe's mining sector sees gold surge

Zimbabwe's mining industry posted a mixed performance in 2025, with gold production surging while key minerals such as platinum, lithium, and nickel recorded significant declines, even as sector lead...

By Staff reporter | Published: 13 October 2025

EDUCATION

Teachers criticise govt over underfunded education sector

Teachers have criticised the government for failing to adequately fund Zimbabwe's education sector, warning that insufficient support threatens education delivery.The remarks were made as the country...

By Staff reporter | Published: 08 October 2025

BUSINESS NEWS

Zimbabwe reserves key sectors for locals

The Zimbabwean Government has approved an exclusive reservation framework across multiple sectors of the economy, aiming to empower local entrepreneurs and increase domestic participation in key indu...

By Staff reporter | Published: 02 October 2025

BUSINESS NEWS

FIU warns Zimbabwe real estate sector

The Financial Intelligence Unit (FIU) has urged Zimbabwe's real estate sector to strengthen safeguards against illicit financial flows (IFFs), warning that the industry is increasingly being used to l...

By Staff reporter | Published: 15 September 2025

BUSINESS NEWS

Private sector to help in Zim farm surveys to speed title deeds

The government has engaged the private sector to fast-track the surveying and issuance of title deeds to land reform beneficiaries, with a projected completion deadline of June 30, 2026, Lands, Agric...

By Staff reporter | Published: 11 September 2025

BUSINESS NEWS

Zimbabwe parly divided over state of health sector

Parliament on Thursday was engulfed in a heated debate over Zimbabwe's deteriorating health sector, with opposition lawmakers pressing for a declaration of a national emergency, while ruling party MP...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Zimbabwe probes foreign involvement in reserved sectors

Government is conducting a study to assess the extent of foreign participation in economic sectors legally reserved for locals, Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi told ...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Zimbabwe's diamond sector gets boost

Zimbabwe's diamond cutting and polishing sub-sector is set for a major boost following a landmark partnership with Indian diamond processing giant, Harry Krishna Exports.The cooperation agreement, ann...

By Staff reporter | Published: 25 August 2025

BUSINESS NEWS

MPs push for formalisation of informal sector

MEMBERS of Parliament (MPs) have urged government to formalise Zimbabwe's vast informal sector, broaden the tax base and urgently review what they described as an unfair tax burden on the poor.The cal...

By Staff reporter | Published: 22 August 2025

INDUSTRIALS & ENERGY

Growing informal sector riles CFI Holdings

LISTED agro-industrial group, CFI Holdings, has raised concern over the rapid expansion of Zimbabwe's informal sector, warning that unregulated players are undermining the viability of formal busines...

By Staff reporter | Published: 20 August 2025

MINING & RETAIL

ZiG stability push chokes PGM sector

The Government's continued delay in reimbursing platinum group metal (PGM) miners the local currency portion of their export proceeds is severely impacting one of Zimbabwe's most vital export sectors,...

By Staff reporter | Published: 11 August 2025

FINANCIAL SERVICES

Zimbabwe banking sector profits drop

Zimbabwe's banking sector has reported a steep drop in earnings for the first half of 2025, with aggregate profits plunging to ZiG5,0 billion (US$184,07 million) from ZiG10,4 billion (US$760,37 millio...

By Staff reporter | Published: 08 August 2025

BUSINESS NEWS

Zimbabwe revises upwards agric sector growth to 21.1%

The government has sharply revised upwards its projected growth for the agricultural sector to 21.1% in 2025, up from an earlier forecast of 12.8%, largely due to the positive impact of the La Nina we...

By Staff reporter | Published: 07 August 2025

BUSINESS NEWS

Cabinet approves agric sector taxes, permits review

Cabinet has approved a comprehensive review of licences, permits, levies and fees in the agriculture sector, with reforms specifically targeting the livestock, dairy farming and stockfeeds sub-sectors...

By Staff reporter | Published: 06 August 2025

BUSINESS NEWS

NEC reviews wages for agricultural sector workers

The National Employment Council (NEC) for Zimbabwe's agricultural industry has announced an upward revision of minimum wages and allowances for workers in the sector, effective from June 1, 2025.In a ...

By Staff reporter | Published: 04 August 2025

BUSINESS NEWS

Zimbabwe dairy sector grows, but

Zimbabwe's dairy industry has recorded encouraging growth, with raw milk production rising by 15% over the past year. However, escalating feed costs - which account for 80% of production expenses - ar...

By Staff reporter | Published: 25 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
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