LANDS & AGRICULTURE

Zimbabwe writes off 106 520ha of maize due to dry weather spell

The Ministry of Agriculture is pursuing crop diversification in order to spread the risk of crop failure after the prolonged dry spells experienced in the 2019/2020 season led to low area planted and ...

By Staff reporter | Published: 22 April 2020

ECONOMC INDICATORS

Zimbabwe's March annual inflation rises to 673.39%

Zimbabwe's annual inflation rose in March to 676.39% with expectations that it might touch the 1000% level within two months as supply chain disruptions and shortages are expected to lead to prolonged...

By Staff reporter | Published: 14 April 2020

POLITICS

Massive border fence between South Africa and Zimbabwe

In response to the Covid-19 pandemic, government is to erect a 40km fence within a month to ensure that no undocumented or infected persons cross the border into South Africa from Zimbabwe and vice ve...

By SA News | Published: 19 March 2020

BUSINESS NEWS

COVID-19: Zimbabwe places restrictions on visitors from high risk countries

President Mnangagwa has said that travellers from ‘high risk countries' will be quarantined for 14 days before they can mingle with Zimbabweans as Zimbabwe upped efforts to stop the spread of COVID-...

By Staff reporter | Published: 18 March 2020

ECONOMC INDICATORS

Zimstat says Zimbabwe unemployment rate at 16%

About 1.2 million people in Zimbabwe have given up on securing employment, the Zimbabwe National Statistics Agency (Zimstat) has said as it reported that the national unemployment rate stood at 16 per...

By Staff reporter | Published: 17 March 2020

ZIMBABWE

Zimbabwe shuts down main source of hard currency

Zimbabwe has suspended the transfer of local shares in dual-listed companies to foreign bourses, one of the main ways citizens and businesses have been able to obtain dollars as inflation wipes out th...

By Reuters | Published: 17 March 2020

ECONOMC INDICATORS

Zimbabwe's February annual inflation at 540.16%

Zimstat has resumed the publication of annual inflation data following the lapsing of a twelve-month suspension. The year on year inflation measured by all items CPI came in at 540.16% from 59.39% of ...

By Staff reporter | Published: 16 March 2020

BUSINESS NEWS

Zimbabwe introduces Reuters system for forex trading

GOVERNMENT has introduced a Reuters system for foreign currency trading which allows banks to trade freely as a way of stabilising the exchange rate as well as bringing down inflation to sustainable l...

By Staff reporter | Published: 11 March 2020

BUSINESS NEWS

AMG boss proposes gold-backed Zimbabwe currency to RBZ

A leading South Africa precious metals dealer African Medallion Group (AMG) has proposed to the Reserve Bank of Zimbabwe (RBZ) the launch of a digital currency backed by physical gold, with an aim to ...

By Staff reporter | Published: 07 November 2019

TRANSPORT & TOURISM

Air Zimbabwe resumes S.Africa flight after settling debt

State-owned Air Zimbabwe's only serviceable plane was stopped from leaving Johannesburg last week after failing to pay for airport services.South Africa has reinstated permission for Zimbabwe's natio...

By AFP | Published: 29 October 2019

MINING & RETAIL

Tharisa Zimbabwe asset gets Special Economic Zone status

Tharisa PLC on Tuesday said land on which it has special mining grants in Zimbabwe has been designated a special economic zone.A 50,667-hectare area has been given the designation, miner Tharisa said,...

By Alliance News | Published: 22 October 2019

POLITICS

'Public assaults on Zimbabwe police on the rise'

THE Zimbabwe Republic Police (ZRP) has claimed there is an increase in cases of assault of its members by the public, a development the law enforcement body has described as disturbing.National police...

By Staff reporter | Published: 22 October 2019

TRANSPORT & TOURISM

Zimbabwe's travel, tourism business levels drops in first 9 months

Zimbabwe's travel and tourism sector business levels in the first 9 months to September recorded a 5% and 10% drop respectively when compared to the same period last year, with industry officials attr...

By Staff reporter | Published: 18 October 2019

TRANSPORT & TOURISM

Zimbabwe still to get Embraer operating manual

GOVERNMENT has engaged Embraer over delays in releasing crucial operating manuals for its Embraer ERJ145, six months after taking delivery of the aircraft from the manufacturer, the Zimbabwe Independe...

By Staff reporter | Published: 18 October 2019

TRANSPORT & TOURISM

Air Zimbabwe using antiquated software

AIR Zimbabwe (AirZim) is using sub-standard business and aviation software instead of recommended enterprise tools owing to the airline's failure to pay service providers, the Zimbabwe Independent can...

By Staff reporter | Published: 18 October 2019

TELECOMS & TECHNOLOGY

Zimbabwe telecoms industry courts Indian investors

Zimbabwe's telecommunications industry is on the verge of obtaining tangible investments from India following a platform the industry had to outline possible lucrative opportunities for business ventu...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabweans told to brace for more misery

THE World Bank (WB) has warned that Zimbabwe's economy faces massive turmoil unless the country gets much-needed international assistance urgently, the Daily News reported. This comes as the country i...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Zimbabwe govt starts pilot run for new accounting system

The government has started a pilot run of the new accounting system for its entities as it moves to professionalise the public sector, Business Times can report.Zimbabwe has adopted the International ...

By Staff reporter | Published: 18 October 2019

POLITICS

Zimbabwe teachers to work 2 days a week

Teachers will only work two days a week and will no longer abide by the formal dress code, the Progressive Teachers' Union of Zimbabwe (PTUZ) declared on Friday.The teachers announced the industrial a...

By Staff reporter | Published: 18 October 2019

BUSINESS NEWS

Continued slowdown in Zimbabwe monthly inflation

Latest statistics from Zimstat show that country's monthly inflation rate was at 17.72% shedding 0.35 percentage points on the August rate of 18.07% as Government continues to target a monthly inflati...

By Staff reporter | Published: 17 October 2019

ZIMBABWE

IMF says Zimbabwe economy to contract 7.1% in 2019

The International Monetary Fund is projecting Zimbabwe's economy to contract 7.1% in 2019 but will recover in 2020 to a moderate growth of 2.7% and 2.2% in 2021.  The projections are in line with...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Zimbabwe pushes for US$14 bln export earnings by 2030 in National Export Strategy

Government through the National Trade Policy and Export Strategy blueprint is targeting to grow Zimbabwe's export by 10% annually to US$6.4 billion in 2023 and ultimately to US$12.4 billion by 2030 fr...

By Staff reporter | Published: 17 October 2019

TELECOMS & TECHNOLOGY

Telecel Zimbabwe shares saga rages on

THE battle for shares in Telecel Zimbabwe (Private) Limited between a war veterans organisation Magamba Echimurenga Housing Trust and businessman James Makamba and nine other entities, has been set do...

By Staff reporter | Published: 17 October 2019

BUSINESS NEWS

Zimbabwe delegation in India

INFORMATION Communication Technology (ICT) ministry has facilitated attendance of a high-tech India Mobile Congress (IMC) 2019 to tap into the Asian giant's technological advances and lure investors i...

By Staff reporter | Published: 17 October 2019

POLITICS

Credibility of Zimbabwe-led poll observer mission queried

BOTSWANA Movement for Democracy (BMD) president Sydney Pilane has said Zimbabwe, whose 2018 harmonised elections were disputed, has no moral authority to lead the Sadc Election Observer Mission (Seom)...

By Staff reporter | Published: 17 October 2019
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