BUSINESS NEWS

Zimbabwe business struggles to maintain profitability

Recent financial results indicate that profit margins across Zimbabwe's listed companies have generally softened, reflecting mounting cost pressures and a challenging policy environment, according to...

By Staff reporter | Published: 09 October 2025

BUSINESS NEWS

Court lifts asset freeze on businessman

The High Court has lifted a two-year asset freeze on businessman Tobias Zangairai, ruling that the Prosecutor-General failed to act on allegations of unexplained wealth despite obtaining an interim o...

By Staff reporter | Published: 03 October 2025

BUSINESS NEWS

Businessman arrested at airport

A Harare businessman, Elijah Meskano, was this week arrested at Robert Gabriel Mugabe International Airport after allegedly attempting to flee the country to evade prosecution in a US$580,000 property...

By Staff reporter | Published: 29 September 2025

BUSINESS NEWS

Zimra loses ZiG2 million to businessman

A Harare businessman, Trevor Zibgwowa (35), appeared before magistrate Lisa Mutendereki on Tuesday facing charges of defrauding the Zimbabwe Revenue Authority (Zimra) of ZiG2 million through a failed...

By Staff reporter | Published: 25 September 2025

BUSINESS NEWS

Blitz on unfair business practices intensifies

Government authorities have intensified their nationwide campaign against unfair business practices, extending operations on Tuesday to Makoni Shopping Centre in Chitungwiza.The joint exercise, conduc...

By Staff reporter | Published: 25 September 2025

POLITICS

Harare Minister warns rogue businesses

Harare Provincial Affairs and Devolution Minister Charles Tavengwa has issued a stern warning to businesses in the capital, demanding full compliance with city by-laws and national regulations ahead o...

By Staff reporter | Published: 24 September 2025

BUSINESS NEWS

Harare shuts down 1,800 businesses in CBD

The City of Harare has intensified its efforts to restore order in the capital, shutting down 1,830 businesses found in violation of municipal by-laws during an ongoing clean-up of the central busines...

By Staff reporter | Published: 18 September 2025

BUSINESS NEWS

Businesses ordered to place bins at premises

GWERU City Council has directed business operators and property owners to place bins outside their premises as part of efforts to promote cleanliness in the Midlands capital.In a public notice dated ...

By Staff reporter | Published: 05 September 2025

BUSINESS NEWS

Businesswoman in court over illegal forex scheme

Harare businesswoman Tariro Masiwa Musekiwa has been hauled before the courts alongside her company, Chrisha Boutique, on allegations of running an unlicensed foreign currency transmission business in...

By Staff reporter | Published: 03 September 2025

BUSINESS NEWS

Zimbabwe businessman dies by suicide

A well-known Bulawayo businessman has died by suicide, sparking shock in the local community and raising concerns about mental health pressures faced by entrepreneurs.The man, whose name is being with...

By Staff reporter | Published: 02 September 2025

BUSINESS NEWS

Zimbabwe slashes fees to boost ease of doing business

The Government has approved sweeping reforms in the tourism sector, cutting and streamlining licences, permits, levies and fees in line with President Mnangagwa's directive to enhance the ease of doin...

By Staff reporter | Published: 27 August 2025

BUSINESS NEWS

Top Zimbabwe business executive arrested for fraud

Prominent corporate executive Never Mhlanga is expected to appear in court this morning facing fraud charges linked to the controversial sale of Montclair Hotel and Casino in Juliasdale, Nyanga, to th...

By Staff reporter | Published: 26 August 2025

POLITICS

Businessman Mutangadura fatally shot

Police have confirmed that Ruwa businessman Joseph Mutangadura, widely known as Mutangazi, was shot dead by suspected robbers at his Lisheen Estate farmhouse shortly after midnight.Mutangadura, a pro...

By Staff reporter | Published: 18 August 2025

BUSINESS NEWS

Ministry steps up unannounced business inspections

The Ministry of Industry and Commerce has announced that more impromptu inspections will be carried out to ensure businesses comply with legal and regulatory standards.In an interview, Communications...

By Staff reporter | Published: 13 August 2025

AFRICA BUSINESS

Lesetja Kganyago has intentionally destroyed black businesses

In a blistering and unfiltered critique, Khandani Msibi, Group CEO of NUMSA Investment Company and 3Sixty Global Solutions Group, has accused South African financial regulators of systematically tar...

By Staff reporter | Published: 10 August 2025

BUSINESS NEWS

Mthuli Ncube commits to easing business costs

Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, delivered the 2025 Mid Term Budget Review Statement on Thursday, affirming Zimbabwe's economic recovery whil...

By Staff reporter | Published: 01 August 2025

BUSINESS NEWS

Harare shuts down 121 businesses in CBD crackdown

The Harare City Council has shut down 121 businesses in the central business district (CBD) in an intensified campaign targeting non-compliant operations. The crackdown, now in its second day, follows...

By Staff reporter | Published: 31 July 2025

BUSINESS NEWS

Mnangagwa orders immediate reforms to ease doing business

President Emmerson Mnangagwa has directed the immediate implementation of wide-ranging reforms aimed at easing the cost of doing business in Zimbabwe. The reforms, announced after a Cabinet meeting o...

By Staff reporter | Published: 30 July 2025

BUSINESS NEWS

Zim moves to cut business levies, licensing burdens

The Zimbabwean government has announced a major regulatory overhaul aimed at reducing the cost and complexity of doing business by cutting back on excessive licences, levies, and permits.Following a ...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Harare City Council's business clampdown

The Harare City Council (HCC) has launched a sweeping operation to shut down non-compliant businesses across the capital, as part of an aggressive campaign to enforce municipal by-laws and recover out...

By Staff reporter | Published: 29 July 2025

BUSINESS NEWS

Zvigananda invites Chiwenga to business dinner

Vice-President Constantino Chiwenga has been invited as the guest of honour at the upcoming Matabeleland Business Dinner, set for July 25 at the Rainbow Hotel in Bulawayo. The event is being organised...

By Staff reporter | Published: 21 July 2025

BUSINESS NEWS

Zimbabwe sees surge in business visitors

Zimbabwe has recorded a notable resurgence in business travel, with 384,221 business visitors entering the country in 2024 - surpassing pre-pandemic levels and signalling renewed global interest in th...

By Staff reporter | Published: 03 July 2025

BUSINESS NEWS

Fraud case against 2 businessmen crumbles

Two Harare businessmen, Brian Murphy and Adam Wood, have been acquitted of fraud and providing false information to a public official after a Harare magistrate ruled that the State failed to prove it...

By Staff reporter | Published: 01 July 2025

BUSINESS NEWS

Zimbabwe business leaders call for clear mono-currency strategy

Zimbabwe's business leaders have called on the government to adopt a clear, market-driven mono-currency transition strategy that will not destabilise businesses or derail investment projects. The app...

By Staff reporter | Published: 26 June 2025

BUSINESS NEWS

Zimbabwe's businesses sound alarm over volatile ZiG

Zimbabwe's business leaders have expressed deep concern over the persistent volatility of the Zimbabwe Gold (ZiG) currency, warning that ongoing instability is crippling industrial growth and eroding ...

By Staff reporter | Published: 26 June 2025
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