POLITICS

Mnangagwa's govt sunk US$10m into chaotic Uhuru fete

The Zimbabwean government could have sunk up to US$10 million into the Independence Day celebrations held on Friday, which were marred by a series of embarrassing infrastructure failures and poor work...

By Staff reporter | Published: 21 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

FINANCIAL SERVICES

Afreximbank says globalisation is under life support

Globalisation is under threat amid rising protectionism which must force African countries to look inwards for growth and development, Afreximbank president Benedict Oramah has said.The world is in a ...

By Staff reporter | Published: 18 April 2025

INDUSTRIALS & ENERGY

Varun Beverages is reshaping Zimbabwe's consumer market

WHEN Varun Beverages Zimbabwe began commercial production in January 2018, it had a single production line.Today, the company boasts four backward-integrated lines manufacturing bottle closures and pr...

By Staff reporter | Published: 18 April 2025

MINING & RETAIL

Modi acquires Choppies for US$260,000 after selling it for US$22 million

Deputy Industry Minister and prominent businessman Raj Modi has acquired Choppies Zimbabwe for just US$260,000, marking a dramatic turn in the retail chain's fortunes more than a decade after the Bots...

By Staff reporter | Published: 17 April 2025

TELECOMS & TECHNOLOGY

Vodacom supports Starlink being blocked in South Africa

Vodacom says satellite operators like Starlink should be held to the same standards as terrestrial operators, particularly regarding local ownership, control, social obligations, performance, and sanc...

By Staff reporter | Published: 17 April 2025

TRANSPORT & TOURISM

Zupco in drive to procure 500 buses

ZUPCO is set to kick off the long-awaited procurement of hundreds of new buses within the next three months, marking a significant step forward in efforts to modernise Zimbabwe's public transport syst...

By Staff reportetr | Published: 17 April 2025

BUSINESS NEWS

ZITF 2025 shatters records

The Zimbabwe International Trade Fair (ZITF) has reached full capacity ahead of its 2025 edition, following an unprecedented surge in interest from local and international exhibitors. The overwhelming...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimbabwe lifts exchange rate controls

Zimbabwean businesses have been granted greater flexibility in pricing their goods and services, following the Government's decision to scrap exchange rate controls amid increased currency stability a...

By Staff reporter | Published: 17 April 2025

MINING & RETAIL

Zimbabwe's mineral revenues decline despite volume surge

Zimbabwe's mining sector delivered a mixed performance in the first quarter of 2025, with mineral export volumes registering notable growth, but overall revenues falling sharply. This is according to ...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimbabwe extends duty-free import window for bus operators

The Government has extended the duty-free bus import facility to April 30, 2025, in a move aimed at further revitalising Zimbabwe's public transport system and ensuring affordable, reliable services f...

By Staff reporter | Published: 17 April 2025

POLITICS

Why Zanu-PF won Glen View South seat

ZANU-PF has reclaimed the Glen View South constituency in a closely watched by-election, with its candidate Tsitsi Tawomhera securing victory.Zanu-PF's campaign focused heavily on infrastructure rehab...

By Staff reporter | Published: 17 April 2025

MINING & RETAIL

Zimbabwe's steel revolution begins

Zimbabwe has taken a major step toward economic transformation and self-sufficiency with the launch of full-scale finished steel production at the Dinson Iron and Steel Company (Disco) plant in Manhiz...

By Staff reporter | Published: 17 April 2025

BUSINESS NEWS

Zimra in tax compliance drive

The Zimbabwe Revenue Authority (Zimra) has introduced a series of taxpayer self-service kiosks across the country in a bid to simplify and improve the tax compliance process for individuals and busine...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

Labour Court reinstates ZCTU's secretary-general

In a significant legal ruling, the Labour Court of Zimbabwe has annulled the Zimbabwe Congress of Trade Unions (ZCTU)'s decision to retire its secretary-general, Japhet Moyo, at the age of 60. Justice...

By Staff reporter | Published: 16 April 2025

EDUCATION

Zimbabwe police crush UZ lecturers' demonstration

Police once again displayed heavy-handed tactics on Wednesday morning, arresting leaders of a demonstration by University of Zimbabwe (UZ) lecturers who were demanding a salary review. The arrested le...

By Staff reporter | Published: 16 April 2025

POLITICS

Zanu-PF intensifies membership mobilisation in Bulawayo

The ruling Zanu-PF party has escalated its grassroots mobilisation efforts in Bulawayo, with party leaders urging members to focus on aggressive recruitment, particularly targeting the youth, in prepa...

By Staff reporter | Published: 16 April 2025

INDUSTRIALS & ENERGY

ZHL profit surges to US$10m

Zimre Holdings Limited (ZHL), a leading financial services group, has reported an impressive 471% increase in profit after tax, reaching US$10.33 million for the financial year ended December 31, 2024...

By Staff reporter | Published: 16 April 2025

MINING & RETAIL

Caledonia Mine sets new gold production record

Caledonia Mining Corporation Plc, a Jersey-domiciled miner focused on Zimbabwe's gold sector, has reported a near 10% increase in gold production for the first quarter of 2025, with a total of 18,671 ...

By Staff reporter | Published: 16 April 2025

INDUSTRIALS & ENERGY

Zimbabwe manufacturing sector faces challenges

Industry and Commerce Minister Nqobizitha Ndlovu has called for urgent action to address the challenges stifling the competitiveness of Zimbabwe's manufacturing sector, after new findings revealed tha...

By Staff reporter | Published: 16 April 2025

FINANCIAL SERVICES

Zimbabwe to get share of US$300m Afreximbank dividend

The Zimbabwean government is set to receive a significant payout from Afreximbank's recently declared US$300 million dividend, following the bank's exceptional financial performance in the year ending...

By Staff reporter | Published: 16 April 2025

BUSINESS NEWS

New policy to cut Zimbabwe's energy intensity

The Government of Zimbabwe has launched the National Energy Efficiency Policy, a new initiative aimed at reducing the country's energy intensity to meet global standards. The policy, introduced last w...

By Staff reporter | Published: 16 April 2025

CONSTRUCTION & PROPERTY

'Bulawayo-Vic Falls Road upgrading to take 10 months'

Transport and Infrastructural Development Minister Felix Mhona has confirmed that the long-awaited rehabilitation of the Bulawayo-Victoria Falls Road will resume next month and is expected to be compl...

By Staff reporter | Published: 16 April 2025

INDUSTRIALS & ENERGY

Belarus to establish bus and tractor assembly plant in Zimbabwe

Belarus is set to establish a bus and tractor assembly plant in Zimbabwe by December 2025, further cementing the growing ties between the two nations. This announcement was made by Mr Pearson Chigiji,...

By Staff reporter | Published: 16 April 2025

POLITICS

Mabika endorsed as ZANU-PF Manicaland Women's League Chair

ZANU-PF has officially endorsed the election of Dorothy Mabika as the substantive chairperson of the Women's League in Manicaland Province, following her successful election by the provincial executiv...

By Staff reporter | Published: 16 April 2025
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