BUSINESS NEWS

Fuel levy hike sparks fresh inflationary fears in Zimbabwe

Zimbabwe could be heading for a fresh inflationary wave after Treasury approved a significant increase in fuel levies, a move expected to push up pump prices and raise costs across the economy.The adj...

By Staff reporter | Published: 8 hours ago

MINING & RETAIL

Zimbabwe to host new lithium carbonate plant

China's Zhejiang Huayou Cobalt Ltd. is planning to establish a lithium carbonate processing plant in Zimbabwe, marking a significant step in the country's efforts to move up the value chain in its fas...

By Staff reporter | Published: 8 hours ago

BUSINESS NEWS

Zimbabwe chefs caught up in industrial-scale looting of lithium

Zimbabwe's fast-growing lithium industry has come under fresh scrutiny following allegations that politically connected syndicates and private actors are exploiting governance gaps to facilitate miner...

By Staff reporter | Published: 8 hours ago

POLITICS

Zimbabwe, Zambia move to end boundary disputes

Zimbabwe and Zambia have launched a joint pilot project to install floating buoys on Lake Kariba in a bid to clearly demarcate their shared international boundary and reduce long-standing tensions amo...

By Staff reporter | Published: 8 hours ago

MINING & RETAIL

Zimbabwe's biggest gold restart is already in motion

The hum of high-capacity pumps echoing through the valleys of Penhalonga is more than just the sound of machinery at work - it is the soundtrack to one of Africa's most significant gold mine revival ...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe battery imports threaten 500 jobs

Zimbabwe's battery manufacturing sector has raised alarm over increasing imports, warning that more than 500 jobs and a critical industrial value chain are under threat as foreign products continue t...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe records 2.7 million-tonne maize harvest

Zimbabwe has recorded a total maize harvest of 2 716 045 tonnes in the 2025/26 agricultural season, marking a significant milestone in national grain production and strengthening the country's food s...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe to lure skilled diasporans

Zimbabwe has launched a new initiative aimed at tapping into the country's diaspora skills base to support its industrialisation agenda and reduce reliance on foreign expatriate expertise in emerging...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Legal fog clouds Zimbabwe's new minerals policy, warns watchdog

Zimbabwe's latest attempt to reposition its mining sector through a strategic minerals policy is facing scrutiny, with a natural resources watchdog warning that the framework rests on weak legal foun...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwean to drive 15,500km from UK to Bulawayo

A Zimbabwean social worker based in the United Kingdom is preparing for an extraordinary 15,500-kilometre solo road trip from Europe to Africa that will see him cross 34 international borders before ...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe mine inspectors given full backing to shut unsafe mines

Minister of Mines and Mining Development Dr Polite Kambamura has pledged unwavering government support for mine inspectors, declaring that closure or suspension orders issued against unsafe mining op...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe's electricity import bill plunges 44%

Zimbabwe's electricity import bill fell by 44 percent to US$117 million in 2025 from US$208.7 million in 2024, reflecting a major improvement in domestic power generation and delivering substantial f...

By Staff reporter | Published: 04 June 2026

BUSINESS NEWS

Zimbabwe's US Dollar inflation rises to 2.8%

Zimbabwe's annual inflation rate in United States dollar terms rose to 2.8 percent in May, up from 2.2 percent recorded in April, according to the latest figures released by the Zimbabwe National Sta...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe to sign petroleum deal with Geo Associates

The Government of Zimbabwe is expected to officially sign a Petroleum Production Sharing Agreement (PPSA) with Geo Associates on May 27, 2026, in a move seen as a major step toward attracting investme...

By Staff reporter | Published: 27 May 2026

LANDS & AGRICULTURE

Zimbabwe coffee exports surge 59%

Zimbabwe's coffee sector is showing signs of recovery after export earnings surged by 59 percent to US$1 million last year from US$600 000 in 2022, driven largely by increased participation from smal...

By Staff reporter | Published: 27 May 2026

INDUSTRIALS & ENERGY

Zimbabwe shoe manufacturers seek more duty rebates

Zimbabwean shoe manufacturers have applied for the inclusion of additional raw materials under the Shoe Manufacturers Rebate Facility as part of efforts to reduce production costs, improve competitiv...

By Staff reporter | Published: 27 May 2026

MINING & RETAIL

Zimbabwe bans raw exports of 14 metals

Zimbabwe has formally classified 14 minerals as "critical" and banned the export of all raw or unbeneficiated forms, in a sweeping policy shift aimed at boosting local value addition and increasing s...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Fierce pushback as Zimbabwe debt riots into dangerous territory

A fierce critic of Zimbabwe's debt management has raised fresh concerns over the credibility and inclusivity of the country's reform agenda, as the African Development Bank (AfDB) moves to inject US$...

By Staff reporter | Published: 27 May 2026

BUSINESS NEWS

Zimbabwe projects grain surplus of over 600 000 tonnes

Zimbabwe is projected to record a grain surplus exceeding 600 000 tonnes this year, which will be channelled into the country's strategic reserves, reflecting continued gains in national food securit...

By Staff reporter | Published: 27 May 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

LANDS & AGRICULTURE

Zimbabwe's wheat demand surges

As Zimbabwe's winter wheat season gains momentum, the crop is increasingly being recognised as a strategic staple rather than just another seasonal cereal, reflecting shifting dietary habits and risi...

By Staff reporter | Published: 24 May 2026

POLITICS

Zimbabwe confident ahead of UN Security Council vote

Zimbabwe says it is confident of securing enough international support in next week's election for a non-permanent seat on the United Nations Security Council (UNSC), as diplomatic preparations enter...

By Staff reporter | Published: 24 May 2026

TRANSPORT & TOURISM

SA truck company to retrench 75 Zimbabwean drivers

A South African transport and logistics company, Greendoor Group, is set to retrench about 75 truck drivers as it restructures operations amid rising financial and operational pressures.Most of the a...

By Staff reporter | Published: 24 May 2026

MINING & RETAIL

OK Zimbabwe temporarily suspends employee salaries

Retail giant OK Zimbabwe Limited has suspended its payroll after its joint works council approved a temporary halt to salaries and wages, as the company battles severe financial distress under corpor...

By Staff reporter | Published: 24 May 2026

POLITICS

Retired top Zimbabwe soldiers unhappy over benefits

Concerns are mounting among serving and retired members of the Zimbabwe Defence Forces amid allegations that retirement benefits are being selectively administered based on political alignment.Source...

By Staff reporter | Published: 24 May 2026
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