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.
Premium
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
Tycoon haunts RBZ over closed Interfin bank — a decade on
Local News
By Mthandazo Nyoni | May. 22, 2026
JAC T6 single cab: Practical partner for serious business
For farmers, it provides the durability needed to handle daily agricultural tasks, from transporting supplies to navigating rough terrain.
By Andrew Muzamhindo
May. 29, 2026
State diamond miner appoints new CEO
By Tinashe Kairiza
May. 29, 2026
Over-use of antibiotics can result in drug resistant bacteria
By Admin
Apr. 14, 2023
Rest, good sleep contribute to better health, happiness
By Admin
Feb. 17, 2023
NMB sheds over US$10m in legacy blocked funds liability
By Tatira Zwinoira
May. 29, 2026
Grand plan to fortify pulse of Zim’s industrial growth
By Freeman Makopa
May. 29, 2026
Hope for lifting ban on OM, PPC chips
By The Independent
Aug. 26, 2022
Without planes, AirZim board won’t perform wonders
By The Independent
Aug. 5, 2022
Power crisis needs urgent attention
By The Independent
Jul. 29, 2022
Don’t print cash for projects
By The Independent
Jul. 22, 2022
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May. 13, 2026
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Jul. 30, 2025
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
Zimbabwe’s ICT talent set to buoy economic boom
EVERY year, Zimbabwe’s education system produces over 20 000 ICT graduates, a remarkable achievement for a developing nation.
By Jacob Mutisi
Oct. 17, 2025
AI’s ChatGPT Pulse: A quiet erosion of privacy
By Evans Sagomba
Oct. 3, 2025
Best Game Aggregators: Key Features for iGaming Success
By Theindependent
Sep. 10, 2025
Exploring the vibrant world of sports betting in Ethiopia
By Theindependent
Mar. 11, 2024
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
Zim targets Pairs Golf World Finals
Rwodzi made the call during the launch of the 2026 edition of the tournament at the Sterling Hub in Harare last week.
By Munyaradzi Madzokere
May. 29, 2026
Vic Falls Safari Collection unveils new all-inclusive boutique retreat
By Staff Writer
May. 22, 2026
Sofar Sounds turns hotel garden into music haven
By Staff Writer
May. 2, 2026
Creative DNA project shores up Zim’s fashion comeback
By Khumbulani Muleya
Apr. 17, 2026
Harare DJ redefines city party scene with daytime concept
“We saw that most events were centred around nightlife, late starts, heavy energy, and a specific crowd,” Rawse explained in an exclusive interview with IndependentXtra.
By Khumbulani Muleya
Apr. 10, 2026
Pantry essentials for every Zim home
By Ruwarashe Muzamhindo
Apr. 2, 2026
Winky D, pop and politics of civic space
By Tracy Mutowekuziva
Mar. 27, 2026
Herbicides: Bad news for local food security
By The Independent
May. 27, 2022
Dumpsite: Gweru feels the heat
By The Independent
May. 13, 2022
Zim to pay 100% of international hunting revenue to communities
By The Independent
Jun. 10, 2022
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Videos
Political violence worry Human Rights Commission
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ED Bill nonsensical says Madhuku as he pushes back against ZRP
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Fire ravages Mbare’s Magaba SME hub
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Feb. 13, 2026
Mnangagwa’s broken promise
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Feb. 11, 2026
Mbare residents angry over council lies
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Feb. 2, 2026
Zimbabwe VS Scotland U19 opener
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Jan. 15, 2026
Zimplow bets on agriculture for FY26, as turnaround kicks into gear
In its financial year ended December 31, 2025, Zimplow reported a loss of US$489 704 compared to the prior year’s US$2,16 million losses.
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Premium
Zanu PF bigwigs revolt over CAB3
Another senior official claimed Zanu-PF is now "at the mercy of mercenaries" — divisive, power-hungry individuals interested only in self-enrichment.
By Miriam Mangwaya and Sydney Kawadza
48m ago
Zimbabwe joins global call for one million more midwives
“We are committed to increasing our investment in training, fair compensation, and retention of midwives, as outlined in our Health Workforce Strategy and Investment Compact.
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Africa Women Summit Zim chapter unveils new executive team
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10 000 youths set for belated Africa Day extravaganza
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Dungwiza Trailblazers Awards postponed
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Swiss govt avails US$200k for Highlanders Safe Market revamp
“We are committed to supporting urban resilience initiatives and strengthening partnerships with local authorities to improve the lives of residents.”
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Catholic bishops condemn SA anti-migrant violence
Zimbabweans constitute a very large number of foreigners in South Africa affected by the xenophobic attacks and threats.
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Insuza man jailed for unlawful entry, indecent assault
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Second phase Gukurahundi hearings set for next week
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R1bn drug shipment intercepted at Beitbridge border
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Slot sacking completes a remarkable fall from grace
After keeping their power dry following Slot's arrival, a strategy rewarded with the title, Liverpool embarked on a remarkable spree.
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