POLITICS

Zimbabwe to maintain trade ties with Israel

Zimbabwe will continue trading with Israel despite global condemnation of that country's military actions in Gaza, Information, Publicity and Broadcasting Services secretary Ndavaningi Mangwana has sa...

By Staff reporter | Published: 11 August 2025

BUSINESS NEWS

Zanu PF-affiliated informal traders receives relief funds

Informal traders aligned with Zanu PF’s affiliate group Vendors for ED have begun receiving financial support through the Presidential Revolving Fund, disbursed via the Empowerment Bank.The initiati...

By Staff reporter | Published: 24 July 2025

BUSINESS NEWS

Zimbabwe-China trade hits US$1.9 billion

Trade between Zimbabwe and China has surged to an impressive US$1.9 billion in the first five months of 2025, reflecting an annual growth rate of over 18%, according to figures revealed at the China-Z...

By Staff reporter | Published: 17 July 2025

BUSINESS NEWS

German firm wins Zimbabwe trademark dispute

German pharmaceutical giant Bayer Aktiengesellschaft has emerged victorious in a landmark trademark dispute after the High Court of Zimbabwe, sitting as the Intellectual Property Tribunal, ruled in it...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Zimbabwe strike investment, trade deals at Afreximbank meeting

Zimbabwean business leaders and economic policy figures who attended the recent African Export-Import Bank (Afreximbank) Annual Meetings in Abuja, Nigeria, say the event yielded significant benefits i...

By Staff reporter | Published: 02 July 2025

AFRICA BUSINESS

Intra-African trade up 12% on free trade area

Intra-African trade experienced a significant rebound in 2024, rising by 12.4 percent to reach US$220.3 billion, according to the African Trade Report 2025. This increase marks a strong recovery follo...

By Staff reporter | Published: 26 June 2025

BUSINESS NEWS

Lake Kariba black market fish trade fuels illicit financial flows

A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Zimbabwe's monthly trade deficit widens to US$228 million

Zimbabwe recorded a trade deficit of US$228 million in March 2025, marking a significant increase from US$217.9 million in February and US$185.9 million in March 2024. The latest figures released by t...

By Staff reporter | Published: 03 June 2025

BUSINESS NEWS

Zimbabwe's trade deficit widens by 28%

Zimbabwe's trade deficit ballooned to US$543 million in the first quarter of 2025, marking a 28% increase from the US$424 million recorded during the same period last year, according to the latest fig...

By Staff reporter | Published: 17 May 2025

BUSINESS NEWS

Zimbabwe, EU celebrate growing trade

Zimbabwe and the European Union (EU) have marked a significant milestone in their growing economic partnership, with trade between the two entities increasing by 30% and foreign direct investment (FDI...

By Staff reporter | Published: 13 May 2025

MINING & RETAIL

Gold sinks as trade talks, easing tensions impact haven demand

Gold fell as its haven status was impacted by signs of progress in trade talks between the US and China, along with some relief to geopolitical tensions.Bullion fell as much as 1,8 percent in early tr...

By Staff reporter | Published: 13 May 2025

BUSINESS NEWS

Zimbabwe trade fair exhibitors seek to expand cooperation with China

A DIVERSE range of African exhibitors at this year's Zimbabwe International Trade Fair (ZITF) have expressed a strong interest in expanding business partnerships with China, the world's second-largest...

By Staff reporter | Published: 28 April 2025

POLITICS

Geza stay away takes the shine off from trade fair?

The curtain came down yesterday on the 2024 edition of the Zimbabwe International Trade Fair (ZITF) in Bulawayo, with mixed reactions as concerns were raised over the low turnout of both exhibitors an...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Trade Fair brings brisk business for vendors, kombis

For small entrepreneurs like Mr Felix Ndlovu and Mr Lovemore Mutatu, the Zimbabwe International Trade Fair (ZITF) is not just an annual event, but a golden opportunity that redefines their year's earn...

By Staff reporter | Published: 28 April 2025

BUSINESS NEWS

Zimbabwe has removed barriers to trade, says Chiwenga

Zimbabwe has undertaken significant reforms to position itself as a competitive investment destination, Vice President Dr. Constantino Chiwenga said at the Third Edition of the Iran-Africa Economic Co...

By Staff reporter | Published: 28 April 2025

TRADE & INDUSTRY

Zimbabwe pushes for lifting of ivory trade ban

Zimbabwe has renewed its call for the lifting of the international ivory trade ban, insisting that selling its stockpiles could generate critical funding for wildlife conservation and help combat ille...

By Staff reporter | Published: 25 April 2025

BUSINESS NEWS

UK pledges stronger trade and investment ties with Zimbabwe

The United Kingdom has reaffirmed its commitment to strengthening relations with Zimbabwe, placing a particular focus on boosting trade and investment between the two countries. This was revealed by B...

By Staff reporter | Published: 24 April 2025

FINANCIAL SERVICES

US$80m Harare Afreximbank trade centre to open in August

The Afreximbank Africa Trade Centre (AATC) Harare's office is expected to open in August, the pan African bank said on Thursday, as it moves to boost trade and investment in Africa, the Caribbean and ...

By Staff reporter | Published: 14 April 2025

ZIMBABWE

Bureaux De Changes to trade through a centralised system

Bureaux De Changes will be required to trade only through an online retail foreign currency platform with the trades being fed in real-time to a central monitoring server, according to new rules which...

By Staff reporter | Published: 17 March 2020

ECONOMC INDICATORS

Trade deficit widens to US$718m despite 15% rise in export earnings for August

According to the latest Zimstat statistics, Zimbabwe's 2019 trade deficit widened to US$718 million at the end of August, although the monthly deficit fell by 33% to US$39 million from US$58 million i...

By Staff reporter | Published: 14 October 2019

INDUSTRIALS & ENERGY

Petrotrade declares $1.5 million dividend

Government-owned oil company, Petrotrade declared a $1.56 million dividend at the end of its 2018 financial year after managing to improve its profitability during the period, the company said on Thur...

By New Ziana | Published: 04 October 2019

ZIMBABWE

ZSE bearish with a 0.35% drop as big caps trade negatively

The ZSE retreated by 0.35% with gains in Innscor, BAT and Zimre failing to prop up the bourse against losses for blue-chips Old Mutual and Econet. At the close of trade, market turnover reached Z...

By Staff reporter | Published: 28 September 2019

BUSINESS NEWS

ZimTrade Outward Trade delegation set for UK Mission

A high-powered delegation from ZimTrade, Zimbabwe's trade development and promotion organisation, will visit the United Kingdom (UK) on an Outward Trade Mission from the 2-6 September 2019.The delegat...

By Staff reporter | Published: 22 August 2019

BUSINESS NEWS

Zimbabwe trade deficit narrows by 71%

ZIMBABWE'S trade deficit narrowed by 71% to $325 million between February and May this year, with analysts attributing the decline to foreign currency shortages as well as a drop in the budget deficit...

By Staff reporter | Published: 11 July 2019

FINANCIAL SERVICES

US$645m traded on interbank market

About US$645 million has been traded on the interbank market since the platform was established in February this year, Reserve Bank of Zimbabwe (RBZ) governor Dr John Mangudya has said. "As at the end...

By Staff reporter | Published: 09 July 2019
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