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INDUSTRIALS & ENERGY

Zimbabwe power crisis turns into a fuel bill problem

Zimbabwe recorded a sharp rise in fuel consumption in the first quarter of 2026, underscoring growing pressure on the country's foreign currency reserves and highlighting deep structural dependence on...

By Staff reporter | Published: 2 hours ago

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: 6 hours ago

INDUSTRIALS & ENERGY

Zesa targets end to load shedding by December

The Zimbabwe Electricity Supply Authority says load shedding in Zimbabwe is expected to end by December this year as the power utility intensifies reforms aimed at transforming the institution into a ...

By Staff reporter | Published: 6 hours ago

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, as...

By Staff reporter | Published: 6 hours ago

POLITICS

War veterans demand land audit before farm restitution

The Zimbabwe People's Revolutionary Army War Veterans Association has called for a comprehensive land audit before government proceeds with the planned return of 67 farms protected under Bilateral Inv...

By Staff reporter | Published: 6 hours ago

POLITICS

CCC MP distances himself from Mnangagwa '2030 Agenda'

Opposition lawmaker Caston Matewu has distanced himself from a borehole unveiling programme in Marondera after his image appeared on promotional material linking the event to President Emmerson Mnanga...

By Staff reporter | Published: 6 hours ago

SOCCER

CAPS United sinks Dynamos' $200k bus dream

Dynamos 1 - 2 CAPS UnitedIt cannot get more painful than this.For Dynamos, losing to arch-rivals CAPS United in the Harare Derby is always a bitter pill to swallow, but Sunday's defeat at Rufaro Stadi...

By Staff reporter | Published: 6 hours ago

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: 6 hours ago

FINANCIAL SERVICES

Zimnat ordered to pay US$1,4m claim

The High Court has ordered Zimnat General Insurance to pay a combined US$2,46 million to tourism operators after ruling that Covid-19 triggered valid business interruption cover under insurance polici...

By Staff reporter | Published: 7 hours ago

EUROPE

EU seeks deeper economic ties with Zimbabwe

The European Union says it is seeking to deepen economic relations with Zimbabwe, highlighting the country's duty-free and quota-free access to European markets as a key driver for trade and investmen...

By Staff reporter | Published: 7 hours ago

CONSTRUCTION & PROPERTY

Dinson plans US$15m cement plant in Zimbabwe

DINSON Industrial Group is set to invest US$15 million in a new cement manufacturing plant in Manhize, aimed at boosting local production and reducing Zimbabwe's reliance on cement imports.The project...

By Staff reporter | Published: 23 hours ago

INDUSTRIALS & ENERGY

Zimbabwe positions as regional steel hub

Dinson Iron and Steel is rapidly becoming one of Zimbabwe's largest industrial operations as the country intensifies efforts toward industrialisation and value addition under the National Development ...

By Staff reporter | Published: 10 May 2026

TRANSPORT & TOURISM

Zimbabwean's FlyCristal secures aircraft to begin operations

Zimbabwean start-up airline FlyCristal Airways has reached a major milestone in its growth strategy after securing its first aircraft to commence initial operational services. The carrier has acquired...

By Staff reporter | Published: 08 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

BUSINESS NEWS

Economists warn Zimbabwe's stability is 'artificial'

Leading economists and banking executives have warned that Zimbabwe's recent economic stability is being sustained through aggressive monetary controls that are squeezing liquidity, weakening busines...

By Staff reporter | Published: 08 May 2026

MINING & RETAIL

Mining boom sparks rising tensions

Explosive tensions are mounting in Zimbabwe's gold-rich Shurugwi as politically connected elites are accused of extracting vast mineral wealth while surrounding communities remain trapped in poverty,...

By Staff reporter | Published: 08 May 2026

FINANCIAL SERVICES

'Banks push workers onto fragile contracts'

Workers in Zimbabwe's banking sector are increasingly being pushed into insecure, fixed-term contracts without benefits such as medical aid, pensions and social security, amid what unions describe as...

By Staff reporter | Published: 08 May 2026

INDUSTRIALS & ENERGY

Zara holds while SADC peers breach historic price records

Zimbabwe has kept petrol and diesel prices unchanged for the period to 15 May 2026, even as neighbouring South Africa implemented some of its steepest monthly fuel increases in recent years following ...

By Staff reporter | Published: 07 May 2026

LANDS & AGRICULTURE

Zimbabwe tobacco output surges 38%

Zimbabwe's 2026 flue-cured Virginia tobacco season is on track for a record volume increase, but farmers are earning significantly less per kilogram as global prices continue to weaken.According to th...

By Staff reporter | Published: 07 May 2026

MINING & RETAIL

Zimbabwe's significant geological feature on earth

The 2.5-billion-year-old Great Dyke, a vast linear geological formation stretching roughly 550 kilometres through Zimbabwe from north to south, has been described as one of the most significant igneou...

By Staff reporter | Published: 07 May 2026

TRANSPORT & TOURISM

NRZ secures US$115m Afreximbank deal to revive rail system

The National Railways of Zimbabwe (NRZ) is finalising a US$115 million loan agreement with the African Export-Import Bank (Afreximbank) aimed at rehabilitating critical rail infrastructure, locomotive...

By Staff reporter | Published: 07 May 2026

BUSINESS NEWS

Another new interchange for Harare

Construction has begun on a new major road interchange at the intersection of Harare Drive and the Joshua Mqabuko Nkomo Expressway (formerly Airport Road) in Harare, marking another milestone in the g...

By Staff reporter | Published: 07 May 2026

LANDS & AGRICULTURE

Mnangagwa returning 67 European-owned farms

Zimbabwe will return 67 farms previously seized during the country's controversial land reform programme to nationals from Denmark, Switzerland, Germany and the Netherlands, Agriculture Minister Anxio...

By Staff reporter | Published: 07 May 2026

BUSINESS NEWS

Telecel's collapse creates unusual investment opportunities

Telecel Zimbabwe, once Zimbabwe's second-largest mobile network operator with nearly two million subscribers and a commanding 15.1 percent market share in 2015, is now operating under voluntary corpor...

By Staff reporter | Published: 07 May 2026
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