BUSINESS NEWS

Zimbabwe business trapped in tax nightmare

Zimbabwe's business community is reeling under a deepening tax crisis as billions in unpaid Zimbabwe Gold (ZWG) input VAT refunds remain outstanding, triggering acute cash-flow shortages and threaten...

By Staff reporter | Published: 17 October 2025

BUSINESS NEWS

NMBZ announces key executive appointments

NMBZ Holdings Limited has announced the appointment of Ashley Fushai as the new Chief Operating Officer (COO), marking a promotion from his previous role as Chief Risk Officer.Fushai brings with him o...

By Staff reporter | Published: 14 October 2025

BUSINESS NEWS

PIC Director resigns after appointment error

In a stunning governance blunder, the South African Ministry of Finance has been left red-faced after mistakenly appointing the wrong individual - Mpumelelo Maseko - as a non-executive director of th...

By Staff reporter | Published: 12 October 2025

BUSINESS NEWS

Christmas Pass mining sparks outrage

Civil society organisations have sounded the alarm over alleged mining operations at Mutare's iconic Christmas Pass Mountain, warning that the activities pose severe environmental and safety risks to...

By Staff reporter | Published: 10 October 2025

BUSINESS NEWS

Zimbabwe unveils US$9,13bn energy investment plan

The government has directed large-scale electricity consumers to construct their own power generation plants within the next two years as part of measures to address Zimbabwe's chronic energy shortag...

By Staff reporter | Published: 10 October 2025

POLITICS

Mnangagwa in shock appointments

President Emmerson Mnangagwa yesterday announced a major reshuffle within Zimbabwe's civil service, introducing new faces while reassigning senior officials to key ministries as he strengthens his ad...

By Staff reporter | Published: 09 October 2025

SOCCER

Durban City goes after Zimbabwean hitman

Durban City FC's pursuit of a new striker has become a quiet obsession, with chairman Farook Kadodia casting his sights north of the Limpopo. At the centre of his attention is Zimbabwean hitman Washin...

By Staff reporter | Published: 13 September 2025

POLITICS

Chief Mugabe's appointment upheld by court

The High Court has dismissed a challenge by Emmanuel Dumbu seeking to overturn the appointment of Matubede Mudavanhu as substantive Chief Mugabe, ruling that the succession wrangle within the Mugabe c...

By Staff reporter | Published: 09 September 2025

POLITICS

Govt tightens grip on council recruitment

The Ministry of Local Government and Public Works will now play an active role in the recruitment of senior council employees following serious concerns about the caliber, skills, and competencies of ...

By Staff reporter | Published: 25 August 2025

BUSINESS NEWS

Zimbabwe turns to Japan for energy investments

Zimbabwe is exploring investment and technological partnerships with Japanese energy companies and government agencies to tackle one of the country's worst power shortages in decades. Households and b...

By Staff reporter | Published: 21 August 2025

AMERICAS

US State Department revokes 6,000 student visas

The State Department has revoked more than 6,000 international student visas because of violations of US law and overstays, the department said.The agency said the "vast majority" of the violations w...

By Staff reporter | Published: 19 August 2025

CONSTRUCTION & PROPERTY

Willdale bets on property investments

Brick manufacturer Willdale Limited is banking on its property investment strategy to turn around its fortunes after sliding deeper into financial strain, with revenues nearly halved in the first half...

By Staff reporter | Published: 19 August 2025

BUSINESS NEWS

Zimbabwe's rural investment drive gains momentum

Zimbabwe's rural development agenda has received a fresh boost following the launch of an innovative investment model designed to attract both local and international investors, including diasporans,...

By Staff reporter | Published: 19 August 2025

BUSINESS NEWS

Avenues clinics shuts down Baines' Radiology Department

The Baines Imaging Group (BIG) has raised serious concerns over patient safety following the forcible closure of its Radiology Department at Avenues Clinic, warning that the unprecedented action is je...

By Staff reporter | Published: 18 August 2025

BUSINESS NEWS

Mnangagwa's wife to preside over women investment conference

First Lady Dr Auxillia Mnangagwa will preside over the inaugural three-day Bulawayo Women Investment Conference next month, a landmark event aimed at promoting economic independence and leadership am...

By Staff reporter | Published: 16 August 2025

MINING & RETAIL

RioZim's US$21 million investment hangs in the balance

The Zimbabwe Diamond and Allied Minerals Workers Union (ZDAMWU) has reiterated that only a court-supervised corporate rescue can revive RioZim Limited, as the mining company's much-needed US$21 millio...

By Staff reporter | Published: 11 August 2025

FINANCIAL SERVICES

RBZ pushes for ZiG cash access via ATMs

The Reserve Bank of Zimbabwe (RBZ) has mandated all commercial banks to ensure the full distribution of Zimbabwe Gold (ZiG) cash through automated teller machines (ATMs) by the end of September 2025, ...

By Staff reporter | Published: 11 August 2025

POLITICS

Chinamasa reposts deleted Tagwirei appointment tweet

ZANU PF Legal Affairs Secretary Patrick Chinamasa has reignited political debate after reposting a once-deleted tweet declaring businessman Kudakwashe Tagwirei's controversial appointment to the party...

By Staff reporter | Published: 05 August 2025

BUSINESS NEWS

Govt backs Bulawayo's Khumbul'Ekhaya Investment drive

The government has thrown its support behind Bulawayo's Khumbul'Ekhaya Investment initiative, a programme designed to attract both local and diaspora investors to help revive the city's struggling eco...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Uproar over controversial NSSA boss appointment

The government has ignited a fresh storm at the National Social Security Authority (Nssa) after bypassing two top-performing candidates for the position of general manager (GM) and appointing a lower-...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Bulawayo to host investment conference in Harare

The Bulawayo City Council (BCC) is today hosting the Khumbule' Khaya Investment Conference in Harare as part of efforts to attract investors to Zimbabwe's second-largest city, once known as the count...

By Staff reporter | Published: 30 July 2025

BUSINESS NEWS

ZIDA records surge in investment licences

The Zimbabwe Investment and Development Agency (ZIDA) has reported a record-breaking increase in new investment licences in 2024, reflecting what officials describe as growing investor confidence in ...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Zimbabwe will not fund medical treatment in South Africa

Justice Minister Ziyambi Ziyambi has ruled out any possibility of government assistance for Zimbabwean citizens seeking medical care in South Africa, citing resource constraints and the need to priori...

By Staff reporter | Published: 23 July 2025

POLITICS

Ziyambi says no urgent need for civil servants' cost-of-living adjustment

Justice, Legal and Parliamentary Affairs Minister Ziyambi Ziyambi has dismissed calls for an urgent review of civil servants' cost-of-living allowances, citing what he described as stable inflation le...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

Zimbabwe moves to decentralise treatment of cancer

Stakeholders in Zimbabwe's health sector have commended the Government for taking significant steps to improve cancer diagnosis and treatment, with plans now in motion to decentralise services beyond ...

By Staff reporter | Published: 13 July 2025
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