By October 2022, it had plunged to about US$2,92 billion. The plunge represented a US$9,27 billion wipe-out in less than a year, driven by policy shocks and  exchange rate turmoil.
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Inside the oil regime ‘wiping out US$4,3m every 30 days’

Inside the oil regime ‘wiping out US$4,3m every 30 days’
But while the interventions were designed to cushion industries from runaway energy costs, AEDS said the measures also exposed Treasury to significant write-downs.
By Freeman Makopa May. 29, 2026

Public urged to verify online deals through ScamAlert.Africa

Online scams continue to rise across Zimbabwe and the African continent
By Jacob Mutisi Oct. 24, 2025

Satewave churns out power solutions for Zim

Satewave Technologies director Xiao Feng said the company has several solar solutions to address the current power challenges.
By Staff Writer Aug. 15, 2023

Liquid Tech to increase tariffs by 50%

It will be the second increase this year.
By Staff Writer Mar. 31, 2023

Police block Zanu PF-linked sports gala in Harare South

Videos of protesting Zanu PF supporters who had gathered for the gala have since circulated online.
By Staff Reporter 6h ago

BT back, Ngarava on the mend as Chevrons gear up for Bangladesh

“It was a nice big group. No real surprises really in terms of who’s there. The guys have all worked really hard and we’ll see how they go,” he said.
By Austin Karonga 7h ago

Court blocks eviction of unpaid Shabanie employee

His contract was terminated on October  22, 2011, and while he was required to vacate the premises within 90 days, he remained in occupation beyond that period.

Gukurahundi: A victim’s cry for justice

“Soldiers threatened that once they find us burying them we were going to be in serious trouble after likening the bodies of their loved ones as that of dead dogs,” Sibanda said.
By Staff Reporter 8h ago