BUSINESS NEWS

Joseph Kanyekanye in court for fraud

Executive chairperson of Alliance Holdings and former president of the Confederation of Zimbabwe Industries, Joseph Kanyekanye, appeared in court on Saturday facing allegations of extortion, fraud an...

By Staff reporter | Published: 20 mins ago

BUSINESS NEWS

Zimbabwe targets idle farms in nationwide land audit

THE Government is preparing to launch a nationwide land audit targeting underutilised farms, multiple farm ownership and irregular land allocations as authorities intensify efforts to restore order a...

By Staff reporter | Published: 12 mins ago

BUSINESS NEWS

Over 70 smuggled vehicles seized in major clampdown

THE National Prosecuting Authority of Zimbabwe (NPAZ) says it seized more than 70 vehicles last month as part of a nationwide crackdown on smuggled cars entering the country without proper declaratio...

By Staff reporter | Published: 10 mins ago

BUSINESS NEWS

Air Force warns public over Hatfield golf course stands

THE Air Force of Zimbabwe (AFZ) has warned members of the public against purchasing residential stands at the Hatfield Golf Course in Harare, insisting that the property remains military land and is ...

By Staff reporter | Published: 3 mins ago

BUSINESS NEWS

Wage arrears crisis deepens across Zimbabwe

A growing backlog of unpaid wages is sweeping across Zimbabwe's public and private sectors, with workers in local authorities, state enterprises and parts of the civil service reporting salary arrears...

By Staff reporter | Published: 17 May 2026

BUSINESS NEWS

Zimbabwe records Africa's sharpest fuel price hikes

Zimbabwe imposed the steepest fuel price increases in Africa during the latest Middle East oil shock, according to a joint report by four major international institutions examining the economic fallo...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Zimbabwe among Africa's most debt-distressed economies

Zimbabwe has fallen deeper into Africa's most dangerous debt category after being listed among the continent's worst debt-distressed economies in a joint report prepared by the United Nations Develop...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Chinese fortune seekers invade Zimbabwe's Wedza

Residents in Zimbabwe's Wedza district have expressed growing concern after reports emerged that three Chinese mining companies were allocated land for mineral exploration in Ward 6 of Ndoro Village ...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

South Africa praises Beitbridge border modernisation

South Africa has commended Zimbabwe's efforts to modernise the Beitbridge Border Post, describing the planned expansion of the crossing infrastructure as vital for improving regional trade and reduci...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Over 3,000km of Harare roads need urgent repairs

MORE than 3,000 kilometres of road networks in Harare require urgent rehabilitation, highlighting the worsening state of infrastructure in the capital, Parliament has heard.Deputy Transport and Infra...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Zimbabwe lost over 65,000 jobs in 3 months

ZIMBABWEAN companies retrenched more than 65,000 workers in just three months last year, exposing deepening pressures in the labour market despite official claims that the economy was on a stable and...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Zimbabwe govt funds winning innovations

THE Government has started disbursing funding to support the commercialisation of research projects and innovations that emerged victorious at the 2025 Presidential Innovation Fair, a senior official...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Nyaradzo acquires Glen Forest cemetery

Zimbabwe's largest funeral assurance provider, the Nyaradzo Group, has acquired the Glen Forest cemetery, which will now be renamed the Sahwira Glen Forest Memorial Park.The cemetery, Glen Forest Cem...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Zimra warns Bulawayo businesses over smuggling

THE Zimbabwe Revenue Authority (Zimra) has warned Bulawayo businesses to fully comply with customs and excise regulations or risk severe penalties, seizure of goods and possible prosecution as author...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Potraz plots crackdown on firms

THE Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) is preparing to intensify enforcement against organisations failing to comply with the country's Cyber and Data Protection ...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Chivayo seeks workaround to Zimpapers gift ban

BUSINESSMAN Wicknell Chivayo has moved to circumvent a Zimpapers policy blocking extravagant gifts to employees after unveiling a controversial arrangement in which a car dealer would sell two Capita...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Robbers hit N.Richards and Mukuru

Four suspected armed robbers broke into N. Richards Wholesalers at Chivi Growth Point around 4am, tying up a security guard before blowing open a safe belonging to Mukuru Financial Services and escap...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

US war on Iran war disrupts Zimbabwe exports

A busy fresh-produce packaging facility in northern Harare is buzzing with activity as about 30 women in green uniforms grade sugar snap peas and mange tout destined for European markets, but Zimbab...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Hwange industrial project boosts power

Zimbabwe's industrialisation drive is gaining momentum as the Zhong Jin He Li Energy project in Hwange moves into Phase Two expansion, a development expected to significantly increase power generation...

By Staff reporter | Published: 12 May 2026

BUSINESS NEWS

Mnangagwa satisfied after RBZ gold reserves inspection

President Emmerson Mnangagwa today visited the Reserve Bank of Zimbabwe (RBZ) in Harare to inspect the country's current gold reserves and assess the stability of the financial system.He was informed ...

By Staff reporter | Published: 12 May 2026

BUSINESS NEWS

Zimbabwe gold reserves rise to 4,48 tonnes

President Emmerson Mnangagwa this morning visited the Reserve Bank of Zimbabwe to inspect the country's current gold reserves, as Zimbabwe continues strengthening its bullion-backed reserve strategy.O...

By Staff reporter | Published: 11 May 2026

BUSINESS NEWS

AfDB delegation arrives for talks on US$100m Bopoma Dam project

A high-level delegation from the African Development Bank Group is expected in Zimbabwe tomorrow for strategic discussions on the proposed US$100 million Glassblock Bopoma Dam and Pipeline Project, a...

By Staff reporter | Published: 16 May 2026

BUSINESS NEWS

Kariba dam rehab project nears completion at 94%

The US$294 million Kariba Dam Rehabilitation Project, aimed at securing one of Southern Africa's most critical hydro-power assets, is now approximately 94 percent complete, according to the Zambezi Ri...

By Staff reporter | Published: 11 May 2026

BUSINESS NEWS

Zimbabwe dismisses land reform reversal claims

Anxious Jongwe Masuka has strongly dismissed reports suggesting that Zimbabwe's land reform programme is being reversed, describing such claims as "mischievous and misguided."Speaking in Parliament o...

By Staff reporter | Published: 08 May 2026

BUSINESS NEWS

Limpopo rail line reopens after flood damage

The full reopening of the Limpopo railway line linking Mozambique with Zimbabwe and Botswana has raised hopes for improved regional trade and cargo movement following months of disruption caused by se...

By Staff reporter | Published: 08 May 2026
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