US$5bn compensation hopes rekindled as insurers pledge action

Government has committed that it is ready to disburse their portion towards pre-2009 and Ipec is also ready with its portion
By Melody Chikono Jul. 4, 2025
RBZ prepares for diaspora-backed securities to revive capital markets
RBZ prepares for diaspora-backed securities to revive capital markets
Securitisation involves bundling financial assets such as remittances or debt into securities that can be sold to investors, who then earn income from the underlying cash flows.
By Melody Chikono Jul. 4, 2025
Global outrage as ZimInd editor clocks third night in detention
As she appeared in court in Harare, global actors closed ranks in a rare, unified stand against what they described as Zimbabwe’s escalating crackdown on the independent press.
By Julia Ndlela Jul. 4, 2025
Ousted Nssa boss fights expulsion… defiant executive tags Mnangagwa in letter blasting ministerial move
When Fundira took over from Percy Toriro, who had resigned, he promised to instil discipline and prudence in Nssa’s operations.
By Shame Makoshori Jul. 4, 2025
MukuruPay empowers Zimbabwe’s tobacco farmers with inclusive financial solutions
These persistent challenges underscore the urgent need for inclusive, tech-driven financial solutions to ensure farmers fully benefit from the industry’s growth.  
By Mthandazo Nyoni Jul. 2, 2025
Rerouting resilience: How smarter logistics can power Zim’s future
Unreliable logistics can push consumers back toward traditional retail channels, limiting market reach for online businesses and reducing trust in digital transactions.
By The Zimbabwe Independent Jun. 27, 2025
‘AfCFTA’s promise hinges on infrastructure, trade finance’
To achieve the AfCFTA’s vision, the report advocates for a unified African front involving governments and financial institutions working together to shape development strategies.
By Mthandazo Nyoni Jun. 27, 2025
‘Fragmentation stalling Africa’s growth’
The former minister said African countries should streamline progress, boosting the movement of people and goods within Africa.
By Mthandazo Nyoni Jun. 27, 2025
Rethinking healthcare in Zim: Prioritising local medical excellence
Local hospitals, such as Trauma Centre Borrowdale, Avenues Clinic, and St Anne’s, provide high-quality care with cutting-edge technology and highly-qualified specialists.
By Staff Writer Jun. 27, 2025
PowerTel to widen fibre optic network
The company operates a licensed optic fibre backbone network under the Postal and Telecommunications Regulatory Authority of Zimbabwe.
By Ashton Ndakusiya Jun. 27, 2025
Outcry as Chinese mining firms flout basic safety rules
Munodawafa said it is only after his office issues suspension or closure notices do some operators comply.
By Melody Chikono Jun. 27, 2025
Old Mutual, PPC suspension drains ZSE
The exchange highlighted the historical significance of Old Mutual and PPC to market liquidity and investor confidence.
By Mthandazo Nyoni Jun. 27, 2025
RioZim faces graft complaint over tax, fraud, asset stripping
Zacc Commissioner Kindness Paradza confirmed receipt of the complaint, stating: “We can confirm that we received the report on the 24th of June, and it is under investigation.”
By Freeman Makopa Jun. 27, 2025
Government handpicks Agrifora to feed security forces... but the deal stabilises food supply in the army, police and prison service
In response, President Emmerson Mnangagwa’s administration centralised the procurement process, tapping Agrifora as the major supplier to the uniformed forces.
By Freeman Makopa Jun. 27, 2025
Africa's trade finance gap requires systemic overhaul, says ex-RBZ Governor
His remarks come as Fitch downgraded Afreximbank recently, citing rising credit risks—a move critics argue reflects structural biases in global rating agencies.  
By Mthandazo Nyoni Jun. 26, 2025
Africa urgently needs own credit rating agency to curb high borrowing costs, says UNECA chief 
Fitch Ratings recently downgraded Afreximbank, lowering its long-term foreign currency issuer default rating from ‘BBB’ to ‘BBB-’ with a negative outlook.  
By Mthandazo Nyoni Jun. 26, 2025
Ministers, top officials loot broke parastatals
The scandal has triggered alarm at the highest levels of government.
By Freeman Makopa Jun. 20, 2025
Job losses plague Zim’s retail, mining sectors
Industry reports reveal that thousands of jobs have already been cut, with more retrenchments on the horizon.
By Freeman Makopa Jun. 20, 2025
British investor clings to CSC abattoir despite deal collapse
Despite the termination, Boustead Beef has refused to vacate the Bulawayo facility, one of the country’s largest abattoirs with a daily slaughter capacity of 800 cattle.
By Mthandazo Nyoni Jun. 20, 2025
Govt faces backlash over new seed treatment rule
Authorities say the measure is vital to counter the invasive pest that has wreaked havoc on crops across sub-Saharan Africa.
By Freeman Makopa Jun. 20, 2025
National Foods to ramp up capex to US$12m
The pasta and biscuit lines each have a monthly capacity of 1 300 tonnes, while the breakfast cereal line will produce 800 tonnes per month.
By Gamuchirai Nyamuziwa Jun. 20, 2025
Epworth considers Wenimbi Dam to resolve water crisis
The initiative, spearheaded by Epworth-North Member of Parliament Zivai Mhetu, seeks to pipe water from Wenimbi Dam to supply the fast-growing suburb.
By Julia Ndlela Jun. 20, 2025
Prospectors slam ‘secretive’ Mines and Minerals Bill
Mines and Mining Development minister Winston Chitando confirmed at the Chamber of Mines Annual General Meeting last month that the government
By Melody Chikono Jun. 20, 2025
Fresh details on collapsed US$2,5bn CBZ bid emerge
However, the plan ultimately fell apart earlier this year after CBZ Holdings rejected the Competition and Tariff Commission (CTC)’s conditions, which the group
By Melody Chikono Jun. 20, 2025
Artisanal miners target 30 000 tonnes
Increasing gold output: Targeting to produce over four tonnes of gold per year, with a focus on small-scale miners.
By Lee Musaidzi Jun. 20, 2025
Sadc chief urges urgent action on regional financial independence
Ncube added that debt repayments have increased by 35% since 2023.
By Mthandazo Nyoni Jun. 13, 2025
Zim ferrochrome sector set for major expansion
He said among the key beneficiaries of this investment surge was the ferrochrome subsector, where production capacity has expanded significantly.
By Freeman Makopa Jun. 13, 2025
State gem miner ignores safety warnings... pushes ahead with hazardous mining facility
Despite these risks, insiders this week alleged that ZCDC pushed ahead with operations without implementing the recommended safety protocols.
By Freeman Makopa Jun. 13, 2025