BUSINESS NEWS

IPEC cracks whip on funeral sector

The Insurance and Pensions Commission (IPEC) has intensified regulatory action against Zimbabwe's funeral assurance industry, describing it as the weakest-performing segment of the insurance sector du...

By Staff reporter | Published: 19 June 2026

MINING & RETAIL

Zimbabwe mining sector generates US$2bn in first half

Zimbabwe's mining sector generated approximately US$2 billion in revenue during the first half of the year, reinforcing its position as the country's leading source of foreign currency earnings and...

By Staff reporter | Published: 07 June 2026

MINING & RETAIL

Pick n Pay flags rising risk in Zimbabwe retail sector

Pick n Pay Stores Limited chief executive Sean Summers says the group's Zimbabwe operations are facing intensifying pressure as worsening trading conditions continue to strain the country's formal re...

By Staff reporter | Published: 27 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

MINING & RETAIL

Zimbabwe mining sector booms

Zimbabwe is rapidly strengthening its position in global strategic mineral supply chains as rising international demand for lithium, gold, platinum, and chrome drives a new wave of investment, export...

By Staff reporter | Published: 19 May 2026

INDUSTRIALS & ENERGY

US$40m Cheetos plant boosts Zimbabwe's manufacturing sector

A US$40 million Cheetos manufacturing plant, together with a juice and dairy blending facility, has officially opened in Zimbabwe, in what authorities describe as a major boost to the country's indus...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Short-term contracts erode job security in retail sector

The growing use of short-term employment contracts in Zimbabwe's retail and wholesale sector is eroding job security and worsening working conditions, a labour union has warned.The Progressive Retail ...

By Staff reporter | Published: 01 May 2026

TELECOMS & TECHNOLOGY

Zimbabwe mobile sector grows as data usage surges

Zimbabwe's mobile telecommunications sector recorded steady growth in the fourth quarter of 2025, underpinned by rising data consumption, increased voice traffic and continued investment in network in...

By Staff reporter | Published: 29 April 2026

BUSINESS NEWS

Fuel price surge squeezes Zimbabwe mining sector

Mining firms undertaking opencast operations are bearing the brunt of rising fuel prices, with industry players warning that escalating diesel costs are significantly increasing production expenses ac...

By Staff reporter | Published: 17 April 2026

BUSINESS NEWS

Zimbabwe targets US$25bn livestock sector by 2030

Zimbabwe's livestock sector is set for a major overhaul, with the Zimbabwe Feed and Fodder Multi-stakeholder Platform (ZFFMSP) announcing plans to build the industry into a US$25 billion powerhouse. T...

By Staff reporter | Published: 10 December 2025

BUSINESS NEWS

'Zimbabwe banking sector safe, sound, well capitalised'

Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube says Zimbabwe's banking sector remains stable, well-capitalised and free from financial stress, supported by str...

By Staff reporter | Published: 04 December 2025

BUSINESS NEWS

Zimbabwe's mining sector leads in non-performing loans

Zimbabwe's mining sector emerged as the nation's top source of non-performing loans (NPLs) in 2024, with a striking 27.87% of loans classified as bad, according to the Reserve Bank of Zimbabwe (RBZ) a...

By Staff reporter | Published: 24 November 2025

BUSINESS NEWS

Zimbabwe health sector hit by 14,000 vacancies

Zimbabwe's public health system is reeling under severe strain as a mass exodus of health workers has left the Ministry of Health and Child Care with 14,000 vacant posts, Health and Child Care Ministe...

By Staff reporter | Published: 13 November 2025

BUSINESS NEWS

Budget underspend leaves health sector in doldrums

 Zimbabwe's health sector is being severely undermined by budget underutilisation, weak procurement systems, and stalled infrastructure projects, posing a serious threat to the country's healthc...

By Staff reporter | Published: 11 November 2025

BUSINESS NEWS

Harare gets US$1m for health sector upgrade

The City of Harare has secured a US$1 million partnership with the Swiss government aimed at upgrading the capital's deteriorating healthcare facilities, including the Mabvuku Polyclinic, which is se...

By Staff reporter | Published: 07 November 2025

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
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