BUSINESS NEWS

Woes mount for Zimbabwe formal businesses

Informal traders who largely evade taxes and levies are placing formal retail and wholesale businesses in Zimbabwe at a significant competitive disadvantage, burdened by a heavy and complex taxation r...

By Staff reporter | Published: 2 hours ago

BUSINESS NEWS

19 arrested over Chinhoyi farm invasion

Chinhoyi magistrate Nyasha Marufu on Friday granted bail to nineteen individuals charged with unlawfully occupying gazetted land at Dandrennam Farm in Lions' Den. Each accused was released on bail of ...

By Staff reporter | Published: 2 hours ago

BUSINESS NEWS

EcoCash launches Ziyawa promotion with over 200,000 prizes

EcoCash has officially launched the seventh edition of its popular ChakaChaya/Ziyawa neEcoCash promotion, offering more than 200,000 customers the chance to win prizes that range from household applia...

By Staff reporter | Published: 2 hours ago

BUSINESS NEWS

Fire ravages Harare grocery outlets

Small business owners in downtown Harare are appealing for government intervention after a devastating fire tore through a block of grocery shops in the early hours of Sunday morning, reducing their l...

By Staff reporter | Published: 2 hours ago

BUSINESS NEWS

ZIMRA waives fines for undeclared vehicles

The Zimbabwe Revenue Authority (ZIMRA) has rolled out a special moratorium inviting individuals, companies, and organisations in possession of improperly cleared motor vehicles to regularise their imp...

By Staff reporter | Published: 2 hours ago

BUSINESS NEWS

ZiG usage surges to half of all transactions in Zimbabwe

Nearly half of all transactions processed through Zimbabwe's National Payment System are now being conducted in Zimbabwe Gold (ZiG), marking a dramatic rise in adoption of the country's gold-backed cu...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Zimbabwe moves to reform public medicine supply system

The Ministry of Health and Child Care has embarked on a sweeping reform process aimed at resolving medicine shortages at public hospitals, despite the country's main pharmaceutical distributor, NatPha...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Zimbabwe's Health Ministry details use of sugar tax revenue

The Ministry of Health and Child Care has broken its silence on the use of sugar tax revenues, providing an official account of funds received from the Treasury and how they have been allocated towar...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Employee brutally attacked by Chinese over NSSA injury claim

An employee at Chinese-operated Huaman Investments (Private) Limited has accused company management of violently assaulting him and fellow workers after they sought assistance from the National Social...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Lake Kariba black market fish trade fuels illicit financial flows

A booming black market fish trade along Lake Kariba, driven by the illegal use of cheap twine nets, is undermining Zimbabwe's formal fishing economy and fuelling millions of dollars in illicit financi...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Spike in armed robberies hits Bulawayo transport operators

A worrying surge in armed robberies targeting transport operators, including pirate taxis, has gripped Bulawayo, with police issuing a stern warning to drivers to exercise caution - especially when pi...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Auditor General flags deep financial mismanagement at CAAZ

The Auditor General has raised serious concerns over financial mismanagement and poor governance at the Civil Aviation Authority of Zimbabwe (CAAZ), warning that the parastatal is burdened by legacy d...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Hwange locals marginalised in coal mining rights

Only three residents from Hwange currently hold mining rights in the coal-rich district of Matabeleland North, raising alarm over the systematic exclusion of locals from the region's lucrative mining ...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Zimbabwe's economy continues to register positive strides

ZIMBABWEAN President Emmerson Mnangagwa said on Saturday that the country's economy continues to register positive strides.In a post on X, the president said that economic growth is being driven by st...

By Staff reporter | Published: 22 June 2025

BUSINESS NEWS

Skilled worker shortage hinders Zimbabwe healthcare standards

A critical shortage of skilled health professionals continues to impede Zimbabwe's efforts to deliver high-quality healthcare services, the Private Healthcare Association of Zimbabwe (PHAZ) has warned...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe needs US$15m for contraceptives annually

The Zimbabwe National Family Planning Council (ZNFPC) has enlisted the support of two key parliamentary portfolio committees in a renewed push for timely and adequate disbursement of funds for contrac...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe govt faces backlash over new seed treatment rule

Zimbabwe's major seed producers have raised serious concerns over a new government regulation that mandates chemical treatment of all certified maize seed, warning that the move could sharply increase...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Job losses plague Zimbabwe's retail, mining sectors

Zimbabwe is facing a deepening employment crisis, with thousands of workers losing their jobs across the retail and mining sectors, as worsening power shortages, policy inconsistencies, and a sluggish...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Mushayavanhu under fire for outdated monetary assumptions

Reserve Bank of Zimbabwe (RBZ) governor John Mushayavanhu is facing mounting criticism over his persistent claim that the ZiG, Zimbabwe's embattled local currency, can only be strong if it is backed b...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

IMF withholds Zimbabwe reform programme

The International Monetary Fund (IMF) has signalled that Zimbabwe's much-anticipated Staff Monitored Programme (SMP) - a critical step in the country's economic reform and debt resolution strategy - w...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

University of Zimbabwe drives research for HIV cure

The University of Zimbabwe Clinical Trials Research Centre (UZ-CTRC) is intensifying its efforts to find a cure for HIV, as Zimbabwe works towards its ambitious goal of eliminating HIV as a public hea...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe's POSB introduces instant payday loan

The People's Own Savings Bank (POSB) has unveiled a groundbreaking financial solution designed to bring speed, flexibility, and financial dignity to Zimbabweans across the country - the POSB Payday Lo...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe govt equips 25 rural hospitals with medical equipment

The Government has distributed anaesthetic and digital X-ray machines to 25 rural district hospitals across Zimbabwe as part of a broader initiative to enhance healthcare service delivery in remote ar...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

Zimbabwe completes Commonwealth re-admission steps

Zimbabwe has successfully completed all the procedural steps required for re-admission into the Commonwealth and is now awaiting further direction from the organisation's secretariat, a senior governm...

By Staff reporter | Published: 20 June 2025

BUSINESS NEWS

CZI sounds alarm over substandard goods in Zimbabwe

 The Confederation of Zimbabwe Industries (CZI) has raised concern over the continued flood of substandard and mispriced goods entering the country, despite the existence of the Consignment-Based...

By Staff reporter | Published: 20 June 2025
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