BUSINESS NEWS

Zimbabwe, Zambia to scrap all trade barriers by March 2026

Zimbabwe and Zambia have agreed to remove all trade barriers between the two countries by March next year, a major step expected to strengthen economic cooperation and boost regional integration. The ...

By Staff reporter | Published: 15 November 2025

BUSINESS NEWS

Mthuli Ncube proposes trade-off: Cut IMTT, raise VAT

Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube, has proposed a balancing act in the country's fiscal framework - suggesting a half-percent reduction in the In...

By Staff reporter | Published: 06 November 2025

BUSINESS NEWS

Zimbabwe to host major Africa trade fair from 2029

Zimbabwe has been officially named the permanent host of the Intra-African Trade Fair (IATF) beginning in 2029, marking a historic milestone that positions the country as a future hub of continental t...

By Staff reporter | Published: 31 October 2025

BUSINESS NEWS

Zimbabwe records first trade surplus in 20 months

Zimbabwe posted its first trade surplus in nearly two years in August, with exports surpassing imports by US$7,2 million, according to the latest figures from the Zimbabwe National Statistics Agency (...

By Staff reporter | Published: 01 October 2025

LANDS & AGRICULTURE

Wheat records first ZMX trade at US$400/tonne

Wheat has recorded its first trade on the Zimbabwe Mercantile Exchange (ZMX) weekly auction floor, with the crop fetching an average price of US$400 per tonne as harvesting of the 2025 crop begins.Ac...

By Staff reporter | Published: 30 September 2025

BUSINESS NEWS

Zimbabwe unveils new trade tariff policy

Zimbabwe has launched a National Trade Tariff Policy (NTTP), a framework designed to overhaul how the country manages import duties in a bid to enhance industrial competitiveness, attract investment, ...

By Staff reporter | Published: 29 September 2025

BUSINESS NEWS

Mnangagwa engages cross-border traders

In a move reflecting his "listening leader" approach, President Emmerson Mnangagwa over the weekend met with cross-border traders who presented him with a birthday gift and shared challenges affecting...

By Staff reporter | Published: 23 September 2025

BUSINESS NEWS

Harare to host Intra-African Trade Fair HQs

Harare has been selected to host the headquarters of the Intra-African Trade Fair (IATF), in a landmark move to transform Africa's biggest trade fair platform into a standalone institution.The IATF w...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Record gold prices brighten Zimbabwe's trade outlook

Gold surged to a new all-time high on Tuesday, lifting Zimbabwe's economic prospects as the country continues to benefit from strong exports of the precious metal.Spot gold climbed 0,8 percent to a re...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Zimbabwe trade deficit drops 94.5% in July

Zimbabwe's external trade position saw a remarkable turnaround in July 2025, with the nation's goods trade deficit plunging by 94.5 percent to just US$8.7 million, according to the Zimbabwe National S...

By Staff reporter | Published: 31 August 2025

POLITICS

Traders seek Chiwenga's help over market fees

Vice-President Constantino Chiwenga has been dragged into a heated dispute at Harare's Mbare Musika retail market, where traders are protesting against what they describe as "extortionist fees" and e...

By Staff reporter | Published: 24 August 2025

ECONOMC INDICATORS

Gold edges up as traders await guidance

Gold edged higher as traders weighed the outlook for US monetary policy ahead of a key speech by Federal Reserve Chair Jerome Powell later this week.Bullion traded near US$3 330 an ounce as markets aw...

By Staff reporter | Published: 21 August 2025

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
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