June 12, 2023
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 »
Zimbabwe: Rufaro Stadium Still a Long Way From Completion
RUFARO Stadium's drainage is not yet complete, so are its dressing rooms, perimeter wall and archaic scoreboard; toilets, turnstiles, parking area, bucket seats, 'modern roofing'… Read more »
June 01, 2023
Zimbabwe: Econet Bemoans Eroded Tariffs - Injects U.S.$66 Million for Network Modernisation
Eonet Wireless Zimbabwe Limited (EWZL) has bemoaned the negative impact of inflation eroded tariffs on operating costs amid a move to inject US$66 million for a network… Read more »
Zimbabwe: National Housing Ministry Employees Quit Jobs Due to Poor Salaries - Over 290 Posts Vacant
The Ministry of National Housing and Social Amenities has revealed that it is reeling with staff shortage amid high employee turnover in the technical departments as a result of… Read more »
Zimbabwe: National Housing Ministry Employees Quit Jobs Due to Poor Salaries - Over 290 Posts Left Vacant
THE Ministry of National Housing and Social Amenities has revealed that it is reeling with staff shortage amid high employee turnover in the technical departments as a result of… Read more »
May 31, 2023
Zimbabwe: Finance Minister Ncube's Measures Breach Law, Expose RBZ-Treasury Fall Out - Says Biti
Former Finance Minister Tendai Biti has said the latest series of economic measures announced by Mthuli Ncube expose the rift between Treasury and the Reserve Bank of Zimbabwe,… Read more »
Zimbabwe: Shut Down Auction System, U.S.$5 Million Allocation Too Little - Top Economist
Economic analyst Gift Mugano has called for shutting down of the Central Bank's foreign currency auction system after Finance Minister Mthuli Ncube in his fresh measures said it… Read more »
Zimbabwe: Zim$ Depreciates By Further 36, 4% On RBZ Auction - Black Market Rate Reaches $4,000
The Zim$ depreciated by a further 36,4% on the Reserve Bank of Zimbabwe (RBZ) Foreign Exchange Auction Tuesday in a development market watchers believe will effectively close the… Read more »
Zimbabwe: Prospect Lithium Zimbabwe Produces 30,000 Lithium Tonnes
Prospect Lithium Zimbabwe (PLZ), a member of Zhejiang Huayou Cobalt Company Limited, a global battery maker, says it has extracted 30 000 tonnes of lithium with their plant still… Read more »
May 30, 2023
Zimbabwe: African Sun Records 2% Revenue Decline - Hails Local U.S.$ Retentions
Hospitality group African Sun Limited's revenue declined by 2% in the first quarter of the year on the back of depressed business volumes amid appreciation of a recent policy… Read more »
May 29, 2023
Zimbabwe: Finance Minister Ncube Announces Further Measures to Contain Runaway Inflation
Finance Minister Mthuli Ncube has announced a new series of measures to stabilise the economy amid hyperinflation fears. Read more »
May 30, 2023
Zimbabwe: Financial Challenges Threaten Ongoing Mobile Registration Exercise
Registrar general, Henry Machiri, says financial constraints threaten to delay the ongoing mobile registration blitz which is aimed at issuing identity documents, enabling voting… Read more »
May 29, 2023
Zimbabwe: Finance Minister's Threats Will Worsen Zimbabwe Crisis, Says Exiled Former Minister Moyo
Exiled former cabinet minister, Jonathan Moyo has warned that the recent threats by Finance minister Mthuli Ncube to crack down on businesses over price hikes will only worsen the… Read more »
May 26, 2023
Zimbabwe: Chamisa Calls for Single Currency Across Africa
Citizens Coalition for Change (CCC) leader Nelson Chamisa has called for the use of one currency across the continent in his message celebrating the 60th anniversary of Africa Day. Read more »
Zimbabwe: Zimra Workers Mull Industrial Action Due to Eroded Salaries
Zimbabwe Revenue Authority and Allied Workers Trade Union (ZIMRATU) have petitioned their employer demanding a timetable with three days per week working slots necessitated by… Read more »
Zimbabwe: 'Workers, Pensioners Lose 400% of Their Earnings in Over a Week'
Pensioners and workers have lost 400% of their earnings in 10 days as the Zimbabwe currency continues to tumble, former Finance minister Tendai Biti has said. Read more »
Zimbabwe: Bad Debtors - Past Sins Catch Up With Dynamos As U.S.$10k Player Debt Haunts Club
Past transgressions seem to be catching up with Harare giants, Dynamos as they are entangled in a player debt conundrum with Aces Soccer Youth Academy being owed more than US$10… Read more »
Zimbabwe: UN Rights Expert Slams Govt for Judicially Harassing Trade Unionist
A United Nations Special Rapporteur on human rights has slammed authorities in Zimbabwe for unjustifiably using the judicial apparatus to harass trade unionist and rights activist,… Read more »
Zimbabwe: Zimbabwe Needs to Use the Dollar At This Stage - Says Economist Amid Hyperinflation Fears
Local economist Gift Mugano has said government needs to urgently consider dollarizing amid fears of hyperinflation adding that any other measures will not contain the drastic fall… Read more »
May 24, 2023
Zimbabwe: Give Us a Chance to Fix This Mess - Says Chamisa as Price Increases Pile Pressure on Ordinary Citizens
CITIZENS Coalition for Change (CCC) leader Nelson Chamisa has in his election campaign promised to fix economic problems currently bedevilling Zimbabwe, which has seen retail… Read more »
May 23, 2023
Zimbabwe: 'Incompetent 'Mthuli Ncube Sabotaging Mnangagwa Re-Election Bid - Says Exiled Mzembi
Former Tourism minister Walter Mzembi has blamed Mthuli Ncube for failing to tame spiralling prices of basic commodities, which are militating against President Emmerson… Read more »
Zimbabwe: Hwange Colliery Remains Under Administration, ZSE Suspension
Hwange Colliery Company Limited (HCCL) remains under administration and on Zimbabwe Stock Exchange (ZSE) suspension, the concern's management revealed Monday. Read more »
May 20, 2023
Zimbabwe: Economist Names Zimbabwe Most Miserable Country in the World
Zimbabwe has been named the most miserable country in the world ahead of war-torn Ukraine, Syria and Sudan on renowned economist Steve Hanke's Annual Misery Index (HAMI). Read more »