Business
Harare Vendors Persist Amid Economic Hardships Despite Eviction Orders
Informal vendors in Harare continued their trade unabated on Friday, defying a renewed crackdown announced by city authorities and the government.
Read More »Zimbabwe’s Tobacco Auction Opens with Sharp Decline in Sales
Zimbabwe’s 2025 tobacco auction season opened with a 36.8% drop in sales on its first day compared to last year, as farmers gradually begin harvesting following delayed rains. Data from the Tobacco Industry and Marketing Board (TIMB) revealed that 69,475 kilograms of tobacco were sold, down from 109,948 kilograms on…
Read More »Half of Grocery Items in Zimbabwean Tuck Shops Are Counterfeit
Douglas Runyowa, the Chief Director for Commerce in the Ministry of Industry and Commerce, has revealed that nearly 50% of groceries seized from tuck shops and vending stalls during the ongoing crackdown on counterfeit and smuggled goods in Zimbabwe are fake and potentially harmful to health.
Read More »OK Zimbabwe Dismisses Senior Executives
OK Zimbabwe Limited has dismissed its senior executives and brought back former managers to guide the company through a significant business review and restructuring process.
Read More »Ran Mine Expansion Marks Resurgence in Zimbabwean Gold Production
Ran Mine, a gold mine situated in Bindura, is undergoing a significant expansion project aimed at dramatically increasing its ore processing capacity and contributing to Zimbabwe's burgeoning mining sector.
Read More »Major Leadership Shake-up at EcoCash
Eddie Chibi, who has served as the CEO of EcoCash since 2018, has resigned from his position. Replacing him is Tawanda Nyambirai, a long-time associate of Strive Masiyiwa from the early Econet days in the 1990s
Read More »ZESA Faces US$350 Million Debt for Kariba Power Station Renovations
ZESA Holdings (ZESA) is facing a debt of US$350 million for renovations at the Kariba South Power Station. This debt has accumulated due to the long-standing subsidised tariff regime, according to a report by NewsDay.
Read More »Government Leaves Over 4,000 Mbare Fire Victims Stranded as Promised Interest-Free Loans Fail to Materialise
Traders who lost goods worth over US$20 million in the devastating Mbare Musika fire last October have been left high and dry by the government, despite promises of interest-free loans to aid their recovery. It seems these assurances were nothing more than hollow promises.
Read More »RBZ to Enhance Design and Quality of ZiG Banknotes
The Reserve Bank of Zimbabwe (RBZ) is set to improve the quality and design of Zimbabwe Gold (ZiG) banknotes to align with international standards.
Read More »Zimbabwe’s Gold and Foreign Reserves Surge by 87%, Reaching US$550 Million
The Reserve Bank of Zimbabwe (RBZ) has announced that the country’s foreign currency reserves have increased by 87%, reaching US$550 million.
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Frank Makarati Braces for Emotional Return Against Former Club Dynamos
Frank Makarati, the former Dynamos FC captain, will face his old club for the first time since departing in December 2024 when his new team, Tel One FC, clashes with the Harare giants at Rufaro Stadium this Saturday.
