Zimbabwe: ZRA Increases 2025 Water Allocation for Power Generation At Kariba

THE Zambezi River Authority (ZRA) has announced that it will allocate 27 billion cubic metres of water to be shared equally between ZESCO and the Zimbabwe Power Company (ZPC) for… Read more »

Zimbabwe: Zimbabwe Pins Energy Supply Hopes On Independent Power Producers, Impending Projects

PRESIDENT Emmerson Mnangagwa has pinned hopes on Independent Power Producers (IPPs) and other impending projects expected to be commissioned in the near future to deal with… Read more »

Zimbabwe: SONA - Mnangagwa Commits 50 Percent of Mining Royalties to Shore Up Devaluing ZWG - Warns Forex Dealers

PRESIDENT Emmerson Mnangagwa Wednesday took yet another bold step after committing to set aside 50% mining royalties to shore up the ZWG currency on the back of a chilling warning… Read more »

Zimbabwe: Zimbabwe's New ZIG's Performance Trapped in RTGs Cycle

The Reserve Bank of Zimbabwe (RBZ) last week devalued the Zimbabwe Gold (ZiG) to ZiG24,39 per dollar from ZiG13,99 as monetary authorities gave in to market forces and dumped the… Read more »

Zimbabwe: MPs Demand Explanation From Mthuli Ncube Over Devaluation of Gold-Backed Currency

WEDZA North MP Itai Ndudzo on Tuesday demanded that Finance Minister Mthuli Ncube present a ministerial statement addressing the devaluation of Zimbabwe's new gold-backed currency,… Read more »

Zimbabwe: Compensation Process for Ex-Wenela Workers in Zimbabwe Begins

THE compensation exercise for ex-Wenela workers in Zimbabwe has kicked off with Tshiamiso Trust making a call for service providers with expertise in claims lodgment and medical… Read more »

Zimbabwe: Market Rejects ZWG As Central Bank Governor Defends Devaluation of New Currency

SUPERMARKETS, vendors, commuter omnibus operators and tuckshops are no longer accepting payment in the local ZiG currency following Reserve Bank of Zimbabwe (RBZ) governor John… Read more »

Zimbabwe: Mountains Are Disappearing Whilst the Country's Economy Sinks Deeper - Report

THE relationship between Chinese-owned extractive companies and communities in Zimbabwe has become increasingly unfriendly, adversarial and fraught with mistrust and deep… Read more »

Zimbabwe: 5 Killed After Vehicle Ploughs Into Pedestrians Walking On Roadside

IN a heart-wrenching incident, five pedestrians walking on the roadside were killed after a speeding vehicle veered off the road and struck them. Read more »

Zimbabwe: 'Is ZiG Collapse Linked to Mnangagwa SADC Chairship, Activities Preceding Summit'

CITIZENS Coalition for Change (CCC) Senator Cecil Zvidzai has pleaded with Zimbabwean to be truthful when addressing national issues that affect citizens' well-being. Read more »

Zimbabwe: Zimbabwe Aims to Become a Key Blueberry Supplier

Zimbabwe is celebrating recent access for its avocados into China, but it is not the only segment on the rise, with its blueberry industry gearing up for rapid expansion. Read more »

Zimbabwe: NMB Suffers ZWG 348 Mln Loss On ZWL Conversion to New Currency

FINANCIAL services group, NMBZ Holdings Limited says it suffered a ZWG348 million loss early this year when it converted the ZW$ into the new currency. Read more »

Zimbabwe: Govt Unveils Strategy to Address Zimbabwe's Incessant Power Outages

THE government has unveiled a response to the country's ongoing power supply challenges, which have been worsened by the El Niño-induced drought. Read more »

Zimbabwe: Fbc Credits Zwg, New Policy Measures for Easing Inflation

FBC Holdings (FBC) has credited the introduction of the ZWG for going some way in easing inflation and exchange rate stability on the back of ZWG6, 69 mln operational profits… Read more »

Zimbabwe: Zimbabwe's Retailers Cry Foul Over Zwg-Induced Losses - Warn of Company Closures Due to Distorted Exchange Rate

THE country's top retailers have raised grave concerns about the rising tide of ZWG-induced losses, warning if the exchange rate policy is not fixed several companies in the sector… Read more »

Zimbabwe: National Assembly Passes Finance Bill Amid Concerns of Excessive Taxation to Impoverished Citizens

OPPOSITION MPs were disgruntled last week after being out-voted by the ruling party Zanu PF legislators following a robust Finance Bill debate in Parliament on Thursday and Friday. Read more »

Zimbabwe: NRZ Investigating Suspected Arson Attacks After Repeated Fire Outbreaks

The National Railways of Zimbabwe (NRZ) is investigating fire incidents at their Bulawayo and Harare facilities, indicating possible arson attacks against the railway company. Read more »

Zimbabwe: Central Bank Injects U.S.$64 Million to Ease ZiG Depreciation

The Reserve Bank of Zimbabwe (RBZ) says it injected US$64 million into the Interbank Market in September in a bid to save the ZWG currency from further depreciation on the back of… Read more »

Zimbabwe: Lobby Group Slams Mthuli Ncube's Narrow Budget Consultations

THE Zimbabwe Coalition on Debt and Development (ZIMCODD) has called upon Finance Minister, Mthuli Ncube to broaden the 2025 National Budget Consultations for wider pro-people input… Read more »

Zimbabwe: Fire Guts 44 Decommissioned Trains - NRZ Says Investigations Underway

A fire broke out at the National Railways of Zimbabwe (NRZ)'s Bulawayo mechanical workshops on Monday destroying 44 decommissioned trains. Read more »

Zimbabwe: Parliament - Govt Must Urgently Address Incessant Power Cuts Crippling Industry Productivity

THE government must urgently address Zimbabwe's low power generation which has resulted in power outages and load shedding, Epworth North legislator Zivanai Mhetu has said. Read more »

Zimbabwe: Fossil Contracting Restarts Work On Poorly Done Lorraine Drive

FOSSIL Contracting has begun work to fix its heavily botched rehabilitation of Lorraine Drive in Harare's Bluffhill suburb. Read more »

Zimbabwe: Harare City Council Effects 25% Increment, Least Paid Employee Taking Home U.S.$536

THE Harare City Council (HCC) has approved a 25% salary increment in a development which will see the least-paid employee taking home US$536. Read more »

Zimbabwe: ZCTU Confers Medals of Honour to Police Brutality Victims

THE Zimbabwe Congress of Trade Unions (ZCTU) conferred medals of honour to victims who suffered the wrath of police brutality during a worker's demonstration 18 years ago. Read more »

Zimbabwe: Zimbabwe Aims to Maximize Gold Revenue Amid Global Demand Surge

MINES ministry has launched the 2024 Second Gold Mobilisation exercise, aimed at ensuring compliance and maximizing revenue from the gold mining sector. Read more »