Local News

Zim’s debt crisis: A ticking time bomb demanding transparency

This represents about half of the country’s US$44 billion Gross Domestic Product (GDP).

By Julia Ndlela and Blessed Ndlovu 13h ago

Zim’s debt crisis: A ticking time bomb demanding transparency

When compliance falters: Inside Zimra’s tough calls

By Freeman Makopa 13h ago

Time for Africa to embrace fresh leadership

By Tinashe Kairiza 14h ago

In defence of sacked Nssa chairperson

The dismissal of directors without cause is rampant in state firms

By Joseph Kanyekanye 14h ago

We can’t have graveyards of lost opportunity again

If ZCDC’s troubles are any indication, we may be staring at a full-blown national crisis.

By Shame Makoshori 14h ago

We can’t have graveyards of lost opportunity again

Push for reforms as debt overshoot torments Zim

Such deals have previously sparked national outrage.

By Lynette Manzini 14h ago

Push for reforms as debt overshoot torments Zim

Big city in ruins! Zesa switches off Harare’s tower lights

The lights have gone out. Literally

By Freeman Makopa 14h ago

Big city in ruins! Zesa switches off Harare’s tower lights

Vingirai lifts lid on bitter Transnational-ZB dispute

The pre-emptive rights were for everything that Nssa was going to remain with. The thing is, Nssa was not selling at the time and as such, we didn’t put a condition that they should sell

By Melody Chikono 15h ago

Vingirai lifts lid on bitter Transnational-ZB dispute

Directors raise governance red flags as pay trails regional peers

Battered by the headwinds, many companies have opted for corporate rescue, downsizing, or outright shutdown.

By Concilia Mupezeni 15h ago

Directors raise governance red flags as pay trails regional peers

ZCDC at loggerheads with borehole-drilling company

The state-owned miner commissioned the boreholes last year as part of its community development obligations.

By Musavengana Chirau 15h ago

ZCDC at loggerheads with borehole-drilling company

RBZ unearths looting in real estate industry....as Zimra busts US$10m contraband in six months

The RBZ noted that major financial crimes behind IFFs included “tax evasion, corruption, fraud, drug trafficking, smuggling and illegal

By Mthandazo Nyoni and Julia Ndlela 15h ago

RBZ unearths looting in real estate industry....as Zimra busts US$10m contraband in six months

State diamond firm lays off hundreds to avoid collapse

ZCDC is one of a few state-owned entities still propping up government finances amid intense economic headwinds

By Tinashe Kairiza Jul. 11, 2025

State diamond firm lays off hundreds to avoid collapse

Chivayo taxes shocker... as state capture-accused dealer says he leads from the front

The most explosive deal involving his companies centred on Zimbabwe’s 2023 election tender.

By Freeman Makopa Jul. 11, 2025

Chivayo taxes shocker... as state capture-accused dealer says he leads from the front

Brutal inflation set to bombard Zim until September, says RBZ

The Reserve Bank of Zimbabwe (RBZ) struck an optimistic tone in its second quarter report, despite an annual inflation rate that surged to 92,5% in June — the highest in southern Africa

By Shame Makoshori Jul. 11, 2025

Brutal inflation set to bombard Zim until September, says RBZ

Housing project to transform Lake Chivero shores

Over the next decade, the project is expected to generate more than 10 000 jobs.

By Julia Ndlela Jul. 11, 2025

Housing project to transform Lake Chivero shores

Mutapa’s new revival scheme for NRZ

The revitalisation of the railway entity is poised to transform the country’s logistics landscape, boosting efficiency across various economic sectors and alleviating pressure on roads.

By Mthandazo Nyoni Jul. 11, 2025

Police enlist Interpol in manhunt for Geza

Geza has appeared in the videos clad in military fatigues.

By Julia Ndlela and Tinashe Kairiza Jul. 11, 2025

Police enlist Interpol in manhunt for Geza

INTERVIEW: US$455m Zesa, Jindal deal nears finalisation

What must be done first is to ensure a feasibility study is conducted to confirm that each of these MOUs align with what we want to achieve.

By Mthandazo Nyoni Jul. 11, 2025

INTERVIEW: US$455m Zesa, Jindal deal nears finalisation

‘Zim-India ties shift gears with defence, energy deals’... Indian ambassador outlines major projects, deepening partnerships in exclusive interview

These centres aim to build capacity in both society and industry by developing skilled professionals in cutting-edge technologies.

By Silence Mugadzaweta Jul. 11, 2025

‘Zim-India ties shift gears with defence, energy deals’... Indian ambassador outlines major projects, deepening partnerships in exclusive interview

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

US$5bn compensation hopes rekindled as insurers pledge action

ZB major shareholder blocks Ernst & Young appointment

The acquisition was vigorously resisted by Transnational, Vingirai’s investment holding company.

By Melody Chikono Jul. 4, 2025

ZB major shareholder blocks Ernst & Young appointment

Lasting impressions from Hangzhou

At one point, it splits into twin distributaries, trudging side by side for five kilometres before merging back, westward.

By Shame Makoshori Jul. 4, 2025

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

RBZ prepares for diaspora-backed securities to revive capital markets

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

Global outrage as ZimInd editor clocks third night in detention

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

Ousted Nssa boss fights expulsion… defiant executive tags Mnangagwa in letter blasting ministerial move

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

MukuruPay empowers Zimbabwe’s tobacco farmers with inclusive financial solutions

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

Rerouting resilience: How smarter logistics can power Zim’s future

‘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

‘AfCFTA’s promise hinges on infrastructure, trade finance’

‘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

‘Fragmentation stalling Africa’s growth’

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