Local News

Sadc chief urges urgent action on regional financial independence

Ncube added that debt repayments have increased by 35% since 2023.

By Mthandazo Nyoni Jun. 13, 2025

Sadc chief urges urgent action on regional financial independence

Zim ferrochrome sector set for major expansion

By Freeman Makopa Jun. 13, 2025

State gem miner ignores safety warnings... pushes ahead with hazardous mining facility

By Freeman Makopa Jun. 13, 2025

ZETDC buckles under debt, imperils economic growth

Despite marginal improvements in some economic indicators, particularly in mining, industry leaders remain cautious.

By Freeman Makopa Jun. 13, 2025

RTG reports sharp rebound in foreign tourist arrivals

Arrivals from the United Kingdom — historically a top European contributor to Zimbabwe’s inbound tourism — grew by 13% in the first quarter of 2025.

By Freeman Makopa Jun. 13, 2025

RTG reports sharp rebound in foreign tourist arrivals

Pension-funded projects failures: Ipec raises alarm

Munjoma called for the industry to invest in bankable prescribed assets to ensure compliance and to develop project monitoring capacity.

By Gamuchirai Nyamuziwa Jun. 13, 2025

Pension-funded projects failures: Ipec raises alarm

Zim’s cashless push stumbles

This translates to about 12,45 million Zimbabweans, who are now on banking platforms through various systems, including mobile money.

By Mthandazo Nyoni Jun. 13, 2025

Female journalists uproot boys’ club dominance

Participants were trained in financial reporting, political and investigative journalism, fact-checking, and cutting-edge techniques such as AI tools for journalists.

By Harriet Chikandiwa Jun. 13, 2025

Female journalists uproot boys’ club dominance

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Tourism industry bleeds US$40m in 90 days. . . sector-wide carnage could top US$125 million, imperilling Zim’s GDP

The rout places Zimbabwe’s lofty US$5 billion annual tourism revenue target in serious doubt, as warnings grow over investor flight and stagnating access to finance.

By Shame Makoshori Jun. 6, 2025

Tourism industry bleeds US$40m in 90 days. . . sector-wide carnage could top US$125 million, imperilling Zim’s GDP

ZSE rally masks undervalued stocks

The Zimbabwe Stock Exchange (ZSE) staged a 3% rebound in May, reversing March’s 7% slump, with trading volumes more than doubling to ZiG601 million.

By Mthandazo Nyoni Jun. 6, 2025

Investors flee Lake Kariba’s collapsing eastern shoreline

As operators quietly shift their focus to more stable destinations such as Victoria Falls, industry experts warn that Zimbabwe’s tourism ambitions could be derailed.

By Shame Makoshori and Freeman Makopa Jun. 6, 2025

Investors flee Lake Kariba’s collapsing eastern shoreline

US$9bn power play: Bold bid to attract investors, reform energy

ZETDC is a unit of national power utlity Zesa Holdings, which distributes electricity.

By Staff Reporter Jun. 6, 2025

US$9bn power play: Bold bid to attract investors, reform energy

State contractors’ payment crisis spirals into job market bloodbath... operators offload 500 workers in three months, says trade union

Zimbabwe Construction and Allied Trade Workers Union (ZCATWU) secretary-general Muchapiwa Mazarura confirmed widespread job losses.

By Shame Makoshori Jun. 6, 2025

State contractors’ payment crisis spirals into job market bloodbath... operators offload 500 workers in three months, says trade union

No road! Crumbling highway derails Zim’s tourism boom... fortunes lost during Easter rush as govt neglects critical route

The neglect has come at a cost. Lives have been lost — twisted metal carcasses along the highway tell the story.

By Shame Makoshori Jun. 6, 2025

No road! Crumbling highway derails Zim’s tourism boom... fortunes lost during Easter rush as govt neglects critical route

Hyperinflation distorts reality of bank profits, says BAZ boss

There is a perception that banks are making super profits in a distressed economy

By Freeman Makopa Jun. 6, 2025

Hyperinflation distorts reality of bank profits, says BAZ boss

Govt brokers EU power deals as blackouts unsettle economy

One of the most pressing challenges for local businesses is the persistent power outages caused by an unreliable electricity supply.

By Blessed Ndlovu and Ashton Ndakusiya May. 30, 2025

Govt brokers EU power deals as blackouts unsettle economy

Battle to protect Vic Falls: Wildlife artist pushes back.....as hospitality firm slaps campaigner with US$2m lawsuit

His critics, however, accuse him of mounting a damaging misinformation campaign — claims he flatly denies.

By Tinashe Kairiza May. 30, 2025

Battle to protect Vic Falls: Wildlife artist pushes back.....as hospitality firm slaps campaigner with US$2m lawsuit

State suppliers plot Treasury showdown at funeral parlour…desperation peaks as firms reel from unpaid government contracts

Their situation has become untenable under the combined weight of a brutal liquidity squeeze and a government launching grand projects beyond its fiscal capacity.

By Shame Makoshori May. 30, 2025

State suppliers plot Treasury showdown at funeral parlour…desperation peaks as firms reel from unpaid government contracts

Afreximbank exposes US$2,4 billion hole in Zim external debt

This is not the first time Afreximbank has exposed inconsistencies in Zimbabwe’s debt disclosures.

By Tatira Zwinoira May. 30, 2025

Afreximbank exposes US$2,4 billion hole in Zim external debt

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Refineries under threat as RBZ gulps more forex... Zim’s mining industry suffers under shocking policy overlaps

The mining industry is now paralysed by policy contradictions.

By Shame Makoshori May. 29, 2025

Refineries under threat as RBZ gulps more forex... Zim’s mining industry suffers under shocking policy overlaps

Pension funds require 100 yrs to compensate 2008 victims

Government later instructed the Insurance and Pensions Commission (Ipec) to work with funds to establish compensation mechanisms.

By Mthandazo Nyoni May. 29, 2025

Pension funds require 100 yrs to compensate 2008 victims

Afreximbank appointed as exclusive financial advisor for US$1,7 billion coal-to-fertiliser project

Suiso was formed recently to focus on the manufacture of ammonia and fertiliser, using a fossil-fuel gasification process.

By Mthandazo Nyoni May. 28, 2025

Afreximbank appointed as exclusive financial advisor for US$1,7 billion coal-to-fertiliser project

Stanbic Bank Zim pledges sustainable energy financing to power mining sector growth

Stanbic Bank’s Pan African and international footprint enables the bank to leverage global best practices, enhance its capabilities, and expose its teams to innovative technologies and ideas.

By Business Reporter May. 28, 2025

Stanbic Bank Zim pledges sustainable energy financing to power mining sector growth

Calls for lithium value-addition grow louder

Maguwu also warned of the environmental and social toll of current mining practices, especially opencast operations, which are displacing communities and damaging ecosystems.

By Julia Ndlela May. 23, 2025

Calls for lithium value-addition grow louder

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Mnangagwa walks tightrope in fresh diplomatic offensive

Mutisi argued that these enduring alliances will continue shaping Zimbabwe’s foreign policy trajectory.

By Julia Ndlela May. 23, 2025

Mnangagwa walks tightrope in fresh diplomatic offensive

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Chivayo rant amplifies R800 million mystery

Even Zimbabwe’s Financial Intelligence Unit, led by Oliver Chiperesa, has declined to comment.

By Julia Ndlela May. 23, 2025

Chivayo rant amplifies R800 million mystery

Mines retrench 1 200 in shocking bloodbath

Across sectors, reports of a shocking strain have increased, with over 1 000 workers losing jobs in a retail sector crippled by blazing liquidity shortages.

By Mthandazo Nyoni May. 23, 2025

Mines retrench 1 200 in shocking bloodbath

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Left in the brutal cold: Betrayal of Cloverdale

The betrayal is not isolated. It is systemic.

By Gamuchirai Nyamuziwa May. 23, 2025

Left in the brutal cold: Betrayal of Cloverdale

‘Trump tariffs war sparks cheap imports wave fears’

It said Zimbabwe must scale up gold production in anticipation of rising global prices, spurred by investor flight from volatile equity markets and the US dollar.

By Mthandazo Nyoni May. 23, 2025

‘Trump tariffs war sparks cheap imports wave fears’

Liquid’s new CEO unveils AI-powered Zim strategy

Looking ahead, what upcoming innovations or strategic plans can we expect from Liquid to further solidify its role in shaping Zimbabwe’s digital future

By Mthandazo Nyoni May. 23, 2025