July 02, 2023
Zimbabwe: Children Forced to Pan for Gold Amid Economic Turmoil
Remember Mbewe (17) wakes up in the morning, as the sun blushes, scantily dressed takes up his broom as he prepares for an all-day toil. Read more »
Zimbabwe: Reviving Zimbabwe's Coffee Industry
David Muganyura, a veteran coffee farmer, joined a Nespresso initiative that seeks to revive growing of the crop at its launch in 2019. He has not looked back since. Read more »
June 30, 2023
Zimbabwe: Tongaat Huletts Decries Cheaper Sugar Imports Impact On Local Industry
Listed sugar processor, Tongaat Huletts says cheaper sugar imports are negatively affecting the country's local industry by depressing sales volumes amid concerns of exposing… Read more »
June 29, 2023
Zimbabwe: Gwanda Solar Project Saga - Supreme Court Reserves Judgement in ZPC Appeal Against Chivayo's Contract Reinstatement
THE Supreme Court Wednesday reserved indefinitely, its judgement in a case Zimbabwe Power Company (ZPC) is appealing against a High Court ruling reinstating businessman Wicknel… Read more »
June 28, 2023
Zimbabwe: The Reserve Bank Problem and Why Mnangagwa Has Failed to Improve Economic Prospects
It is now more than 5 years since President ED Mnangagwa assumed power in 2017 with a mandate from his backers to improve the country's economic fortunes, the nemesis of his… Read more »
Zimbabwe: PPC Zimbabwe Pins Hopes On Cement Import Licenses Cancellations
LISTED cement manufacturer, PPC Zimbabwe hopes the bold move taken by the government to cancel cement import licences for several dealers will go a long way in propping up local… Read more »
Zimbabwe: Zimbabwean Dollar in First Time Gain On Central Bank Auction, Recovers By 8,6% Against U.S. Dollar
The ZW$ value firmed up by 8,6% on the Reserve Bank of Zimbabwe Auction platform , signalling improved widespread usage of the local currency on the back of the economy's swift… Read more »
Zimbabwe: Kavango Resources Company Acquires Gold Projects for U.S.$4 Million
LONDON based Botswana focused metals exploration concern Kavango Resources Plc has agreed to pay US$4 million for two gold mining projects in Zimbabwe amid expectations for a… Read more »
Zimbabwe: Gold Smuggler Macmillan Apologises for 'Embarrassing' Role in Al Jazeera Exposè
CONVICTED gold smuggler Ewan Macmillan has apologised for his "embarrassing role" in the Al Jazeera Gold Mafia documentary series which aired its first episode three months back. Read more »
June 26, 2023
Zimbabwe: Business Fears Its Government Will Interfere With the Exchange Rate
ZIMBABWEAN businesses fear that President Emerson Mnangagwa's administration, which is blaming foreign companies of inflating prices ahead of a key election in August, could resort… Read more »
June 21, 2023
Zimbabwe: RBZ Auction - ZWL Depreciates By 3,1% as Limited Local Currency Chokes Bidders
THE ZW$ depreciated slightly by 3,1% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction this week with a section of market watchers attributing the decline to the… Read more »
June 20, 2023
Zimbabwe: Gwanda Solar Project Saga - Supreme Court Postpones ZPC Appeal Hearing Against Chivayo's Contract Reinstatement
THE Supreme Court has postponed to next Wednesday, the hearing of an appeal by the Zimbabwe Power Company (ZPC) which is contesting a High Court ruling reinstating businessman… Read more »
Zimbabwe: Pensioners Travelling 50km to Withdraw Eroded ZWL Pay-Outs - MP Calls for Fixed Usd Amount
KAMBUZUMiA MP Willias Madzimure has revealed that pensioners are travelling for more than 50km to withdraw ZWL pay-outs equivalent to US$8 when traded using the official exchange… Read more »
Zimbabwe: Mnangagwa Leading Zimbabwe to Ruins - U.S. Economist Steve Hanke
UNITED States economist and currency expert Steve Hanke has said Zimbabwe's inflation is at 1298% per year, accusing President Emmerson Mnangagwa of running down the country. Read more »
June 19, 2023
Zimbabwe: Mnangagwa Claims Economic Sabotage By 'Detractors' as Zimbabwean Dollar Nosedives, Prices Skyrocket
PRESIDENT Emmerson Mnangagwa has warned elements which he claimed are working to derail the country's economic stability piling pressure on ordinary citizens as the country heads… Read more »
Zimbabwe: Mine Workers Demand USD Salaries - Threaten Industrial Action
THE Zimbabwe Diamond and Allied Mineral Workers Union (ZDAMWU) is pushing for USD salaries for its members arguing that the ZWL remuneration is being eroded by inflation. Read more »
June 16, 2023
Zimbabwe: MPs Call Out Mthuli Ncube Over Worsening Economic Crisis
Members of Parliament have accused the Minister of Finance and Economic Development Mthuli Ncube of absconding National Assembly sessions while turning down calls to come and… Read more »
June 15, 2023
Zimbabwe: 'Police Officers' Salaries Can Only Buy a Pack of Meat'
PARLIAMENT morphed into chaos as opposition legislators demanded Minister of Finance Mthuli Ncube's appearance before the National Assembly as the economy continues on a downward… Read more »
Zimbabwe: Tobacco Sales Hit U.S.$793,2 Million, Up 54% Compared to 2022
Tobacco sales conducted so far have raked in a total US$793,2 million , a figure which is 54% up compared to the total sum realized in the same period last year, the Tobacco… Read more »
June 11, 2023
Zimbabwe: Kuvimba Mining House's Great Dyke Investments Uninterested in Foreign Funding
ZIMBABWE'S Kuvimba Mining House (KMH), Great Dyke Investments (GDI) has announced that it is not looking for any foreign investments following the pulling out of Russia's Vi… Read more »
June 12, 2023
Zimbabwe: Deaths at Chinese Lithium Mine Point to Unsafe Working Conditions
TWO employees have died in a short space of time due to unsafe working conditions at Arcadia Mine, a Chinese-run multi-million open-pit lithium mining company based in Goromonzi,… Read more »
Zimbabwe: Strip Central Bank's Sole Right to Buy Gold - Biti
East Member of Parliament Tendai Biti has called for a raft of measures including stripping the central bank's Fidelity Printers and Refiners (FPR) of its sole right to buy gold as… Read more »
Zimbabwe: Struggling Marange Communities Turn to Sheltering Illegal Miners for Cash
As the economy continues to tumble, some rural communities have resorted to harbouring illegal miners and traders from authorities in exchange for cash to help cushion themselves… Read more »
June 07, 2023
Zimbabwe: Cabinet Approves Deeds, Companies and Intellectual Property Authority Establishment
Cabinet ministers Tuesday considered and approved the establishment of the Deeds, Companies, and Intellectual Property Authority as a semi-autonomous entity. Read more »
Zimbabwe: U.S.$23m for Invictus Energy Cabora Bassa Phase 2 Exploration, Appraisal
Invictus Energy has raised over US$23 million for the next phase of Cabora Bassa oil and gas exploration and appraisal. Read more »