Zimbabwe: Country Loses U.S.$34 Million Through Illicit Financial Flows - Report

Southern Africa is prejudiced of a staggering US$30 billion annually as a result of illicit financial flows, with Zimbabwe losing US$34 million every year due to trade… Read more »

Zimbabwe: Mnangagwa Presents New Coup-Proofing Measures

President Emmerson Mnangagwa - under siege in the face of worsening economic hardships fuelling a groundswell of social discontent -- is coup-proofing his regime by giving the… Read more »

Zimbabwe: Stock Valuations Plunge

Stock valuations have hit rock bottom on the Zimbabwe Stock Exchange after selling pressure triggered by liquidity problems, low confidence and weak investor sentiment stemming… Read more »

Zimbabwe: Safari Sector Projects 15% Growth

The safari sector is projected to register business growth of between 10% and 15% on the back of steady performance in the first half of 2019, an official has said. Read more »

Zimbabwe: Suffocating in Wreckage of Energy-Sapping Meltdown

IT is 5pm on Wednesday in central Harare and Douglas Marima, a 34-year-old journeyman, patiently waits at the tail end of a long, snaking queue for a bus which will take him to his… Read more »

Zimbabwe: Seed Company Bemoans Country's Dire Conditions

Seed Co Ltd says government's agricultural support finance to the tune of ZW$2 billion could be the saving grace for its Zimbabwe business amid falling disposable incomes and a… Read more »

Zimbabwe: 'Zim Economic Outlook Remains Bleak'

The outlook for the Zimbabwean consumer remains challenging, over the short term (2019-2020), with the economic collapse brought by a currency crisis leading to hyperinflation and… Read more »

Zimbabwe: Zim Pawn in Bigger Political Game

While Zimbabwe will now likely escape expulsion by the International Cricket Council (ICC) in October, it has emerged that the hardline taken by the game's global controlling body… Read more »

Zimbabwe: Mugabe Rejects Heroes Acre Burial

Former president Robert Mugabe, one of the luminaries of the liberation struggle and the architect of the National Heroes' Acre Monument, which was supposed to symbolise sacrifice,… Read more »

Zimbabwe: Ncube Quizzed Over Budget Surplus

Finance minister Mthuli Ncube was grilled over the benefits of his much-touted ZW$803,6 million budget surplus at a time the majority of Zimbabweans are suffering from a rapidly… Read more »

Zimbabwe: Stocks Plunge 5,5 Percent Amid Tight Liquidity

Stocks plunged 5,5% last week, amid rising selling pressure, as investors liquidated their positions, resulting from inflation fears and the general tight liquidity conditions in… Read more »

Zimbabwe: Govt Can't Just Sweep Atrocities Under the Carpet

It is normally serene on Zimbabwe's diplomatic scene, but there was high drama last week when government summoned United States Ambassador to Zimbabwe Brian Nichols after… Read more »

Zimbabwe: Construction Sector in Limbo

The construction sector has performed dismally in the first half of the year with a number of contracts either shelved or cancelled altogether. Read more »

Zimbabwe: Zera to Regularise LP Gas Retailers

Zimbabwe Energy Regulatory Authority (Zera) is looking to regularise the operations of unlicensed liquefied petroleum (LP) gas retailers who operate outside Harare to ensure… Read more »

Zimbabwe: Workers Union Fights for Social Security Board Representation

The Zimbabwe Congress of Trade Unions (ZCTU) is headed for a clash with Public Service minister Sekai Nzenza amid indications the union's choice to represent workers' interests on… Read more »

Zimbabwe: Nedbank Pledges U.S.$140 Million Support

Nedbank Zimbabwe Ltd says it will provide trade financing facilities amounting to US$140 million to support the local economy and help ease an import financing problem in the… Read more »

Zimbabwe: Powercuts Hamper Milk Production

The rolling power outages in the country have hit milk production hard, businessdigest has learnt. Read more »

Zimbabwe: Industrialists Tell Govt to Reform

Industrialists have blamed government ministries for using statutory instruments for revenue generation at the cost of spurring production, saying there was need for policy and… Read more »

Zimbabwe: Bindura Nickel Corporation Pins Hopes On Feasibility Study

Bindura Nickel Corporation (BNC) has pinned its hopes on feasibility studies for its US$200 million Hunters Road mine and the finalisation of its smelter, businessdigest has… Read more »

Zimbabwe: Finance Minister Ncube Admits Recession

Finance minister Mthuli Ncube says the country will not achieve GDP growth as he had projected when he presented his inaugural 2019 budget in November last year due to the… Read more »

Zimbabwe: Tourism Sector Bemoans Govt Forex Directive for Electricity

The Tourism Business Council of Zimbabwe (TBCZ) has said the directive by government for hotels in Victoria Falls to pay their electricity bills in foreign currency will further… Read more »

Zimbabwe: Unions Clash With Govt

As the nation plunges deeper into economic turmoil, trade unions have come under the spotlight as they clash with government and business over the working conditions of the… Read more »

Zimbabwe: Policy Inconsistency Hurting Economy

The Reserve Bank of Zimbabwe (RBZ) reintroduced the Zimbabwean dollar and outlawed the use of multicurrencies on the local market on June 24 2019, despite widespread concerns that… Read more »

Zimbabwe: Muzarabani Basin a Potential Game Changer - Chimbodza

Leveraging on exploration work undertaken by petroleum conglomerate Mobil more than three decades ago in the Zambezi Basin, which revealed abundant gas deposits, Australian Stock… Read more »

Zimbabwe: The Scourge of Sexual Harassment in the Workplace

Whether you are a student, domestic worker, career woman or home maker, sexual harassment can happen so quietly that you hardly even realise it, or it can be so obvious that you… Read more »