BUSINESS NEWS

Zimbabwe gold reserves boost confidence in ZiG

Zimbabwe's gold reserves have surged by 198,7 percent to 4,48 tonnes in just two years, strengthening confidence in the country's gold-backed currency, the Zimbabwe Gold (ZiG), amid continued efforts...

By Staff reporter | Published: 19 May 2026

BUSINESS NEWS

ZITF 2026 generates over US$600 million in deals

The 66th edition of the Zimbabwe International Trade Fair has generated more than US$600 million in business transactions, confirming its growing role as a key investment and industrial matchmaking pl...

By Staff reporter | Published: 27 April 2026

BUSINESS NEWS

Zimbabwe, Zambia opt for new Victoria Falls freight bridge

The governments of Zimbabwe and Zambia have agreed to restrict the use of the Victoria Falls Bridge by heavy trucks and trains, marking a decisive shift from years of debate over the future of the cen...

By Staff reporter | Published: 20 April 2026

BUSINESS NEWS

97% exhibition space taken up at ZITF

Preparations for the 66th edition of the Zimbabwe International Trade Fair (ZITF) are on track, with organisers confirming full readiness ahead of the official opening on Monday.This year's showcase, ...

By Staff reporter | Published: 18 April 2026

BUSINESS NEWS

Mutapa Fund seals US$1bn financing deals

  Zimbabwe's sovereign wealth vehicle, the Mutapa Investment Fund, secured more than US$1 billion in financing deals during 2025, marking a shift from project planning to execution across ke...

By Staff reporter | Published: 17 April 2026

BUSINESS NEWS

Kavango lists on VFEX

British mining company Kavango Resources Plc has successfully completed its secondary listing on the Victoria Falls Stock Exchange (VFEX), expanding access for local investors. The listing follows the...

By Staff reporter | Published: 10 September 2025

BUSINESS NEWS

Zimbabwe's non-traditional exports surge

Zimbabwe is showing strong potential to diversify its export base, with official data revealing robust growth in non-traditional exports, signaling a new era of economic opportunity. Traditionally rel...

By Staff reporter | Published: 08 September 2025

BUSINESS NEWS

Recycling initiative set to boost Zimbabwe jobs

Recycling dairy packaging could create jobs, reduce imports, and protect the environment, provided collection volumes meet international thresholds, the Dairy Processors Association of Zimbabwe (DPAZ)...

By Staff reporter | Published: 21 August 2025

BUSINESS NEWS

RBZ restores RTGS system after technical fault

The Reserve Bank of Zimbabwe (RBZ) says it has restored the Real Time Gross Settlement (RTGS) system following a technical fault that disrupted transfers and some cross-border transactions since Tues...

By Staff reporter | Published: 20 August 2025

BUSINESS NEWS

All set for Matebeleland South Agricultural show

The 67th edition of the Matebeleland South Agricultural Show is set to take place from September 4 to 6, with organisers expressing optimism about its potential to enhance business opportunities in t...

By Staff reporter | Published: 20 August 2025

BUSINESS NEWS

Harare urged to privatise service delivery

Local Government Minister Daniel Garwe has called on Harare City Council to privatise key service delivery functions, including water supply, wastewater management, refuse collection, and street light...

By Staff reporter | Published: 18 August 2025

BUSINESS NEWS

Seed Co sets aside US$7,24m for capex

Seed Co International Limited (SCIL) has earmarked US$7,24 million for capital expenditure (capex) in its current financial year ending March 31, 2026, as the regional seed producer consolidates its e...

By Staff reporter | Published: 18 August 2025

BUSINESS NEWS

Zimbabwe's broken railways threaten lithium, tobacco exports

Zimbabwe's crumbling railway system, once the backbone of the economy, has become a major obstacle to growth, inflating transport costs, stifling exports, and threatening emerging sectors such as lit...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

Shell companies siphon US$450m from Zimbabwe, SA

A network of 23 shell companies operating between Zimbabwe and South Africa has been implicated in laundering US$450 million through illicit financial flows (IFFs), part of an estimated US$3 billion ...

By Staff reporter | Published: 16 August 2025

BUSINESS NEWS

Bulawayo launches blitz on pushcart operators

In a bold move to restore order in the city centre and clamp down on illicit activities, Bulawayo City Council (BCC) yesterday launched a sweeping operation targeting pushcart operators and street ven...

By Staff reporter | Published: 09 August 2025

BUSINESS NEWS

FBC sees cautious recovery in Zimbabwe

Financial services firm FBC Securities says Zimbabwe's 2025 Mid-Year Budget and Economic Review points to a cautiously optimistic recovery trajectory, although tight fiscal and monetary conditions cou...

By Staff reporter | Published: 05 August 2025

BUSINESS NEWS

EMF targets expanding medical aid coverage

EMF Medical Aid Society has launched an ambitious strategy to extend medical aid coverage to Zimbabwe's informal sector, low-income earners, and rural communities, aiming to improve health insurance u...

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

BUSINESS NEWS

Zimbabwe ramps up power generation to 1 553MW

The Zimbabwe Power Company (ZPC) has significantly increased the nation's electricity output, generating 1,553 megawatts (MW) on May 2, 2025 - up from 1,304MW the previous day - bringing relief to con...

By Staff reporter | Published: 03 May 2025

BUSINESS NEWS

Chiwenga urges private sector to drive Zimbabwe's industrial revival

Vice President Dr Constantino Chiwenga has underscored the indispensable role of the private sector in spearheading Zimbabwe's industrial transformation, calling for deeper collaboration between gover...

By Staff reporter | Published: 24 April 2025

BUSINESS NEWS

CABS renews US$40m facility to support the economy

The Central Africa Building Society (CABS), a member of Old Mutual Zimbabwe, has reaffirmed its commitment to driving economic development and social impact across Zimbabwe, following the release of i...

By Staff reporter | Published: 21 April 2025

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

BUSINESS NEWS

Zimbabwe gears for hyperinflation reporting

ZIMBABWE is on the verge of adopting a hyperinflation financial reporting model at a time inflation figures have spiked as its fragile economy teeters on the brink of collapse.The reporting modality, ...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

No access to internet for 67 ZimPost offices

Sixty-seven post offices in Zimbabwe do not have internet access, the Abridged sector report for the second quarter has revealed.Potraz has been working on bridging the digital divide between the rura...

By Staff reporter | Published: 10 October 2019

BUSINESS NEWS

NetOne subscriber base up 6,1%

STATE-OWNED mobile network provider NetOne increased its subscriber base by 6,1 percent in the second quarter to June 2019, latest industry figures show. According to the Postal and Telecommunications...

By Staff reporter | Published: 07 October 2019
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