Culture & Society
Man axes sekuru to death and buries corpse in shallow grave after he advised him to advance his education
Business News
The latest Zimbabwe news, from NewsDay, Herald, Chronicle and more. 154 stories
Zim's trade flow improvesZimbabwe’s trade flow for the first five months showed some improvement, as the economy continues to respond to measures put in place to foster macro-economic stability and to curtail leakages from th...HeraldBusiness7 July 2017
Millers appeal to VP over fortificationAGRO processors may be forced to rethink their commitment to channel $200 million towards the purchase of 800 000 tonnes of maize under Command Agriculture if the Minister of Health and Child Care Dr....HeraldBusiness6 July 2017
Cash crisis hits micro-finance institution GetBucksZIMBABWE Stock Exchange listed, GetBucks Microfinance Bank says it has not been spared by the cash crisis prevailing in the country. GetBucks chief finance officer Paul Soko told journalists at the co...NewsDayBusiness23 June 2017
Cash crisis to continueCASH shortages are set to continue unabated as the Reserve Bank of Zimbabwe’s (RBZ) monthly economic review for April recorded that 2,51% or $153,53 million of broad money supply was the currency in c...NewsDayBusiness20 June 2017
Mandatory fuel blending ratio raised to 15pcThe Government has with immediate effect raised the threshold for the mandatory blending of fuel with ethanol from 10 to 15 percent. Zimbabwe made the blending compulsory in 2013, starting off at five...ChronicleBusiness19 June 2017
Money changers cash in on RTGS gridlockA FINANCIAL expert says the spike in system failures of real time gross settlement (RTGS) transactions from banks is causing more people to resort to the parallel market for cash, thus, exacerbating t...NewsDayBusiness13 June 2017
'Economy to grow by 1,3% on agric uplift'Zimbabwe’s economy will grow by 1,3% this year, spurred by a growth in sectors such as agriculture, a new report has shown. According to the African Economic Outlook 2017 report launched here yesterda...NewsDayBusiness23 May 2017
Import ban on locally-available products remainsGOVERNMENT says the tenure of Statutory Instrument (SI) 64 of 2016 is dependent on a report from the Ministry of Industry and Commerce’s Evaluation and Monitoring Committee which had been tasked to ex...NewsDayBusiness23 May 2017
Unpaid Allied Timbers workers, camp on company premisesMORE than 70 former Allied Timbers contract workers are camped at the company’s premise in Mutare since early last week demanding their dues after going for an average of 17 months without being paid....OnlineBusiness16 May 2017
Govt introduces tax management systemsGOVENRMENT has introduced a tax management system that will limit interactions between Zimbabwe Revenue Authority (Zimra) officials and taxpayers, as part of measures to stem corruption. This came as....NewsDayBusiness16 May 2017
Zim's growing bitcoin communityAbout three years ago, the world’s richest man and Microsoft co-founder Bill Gates said in an interview at a conference in Boston that “bitcoin is better than currency”. Bitcoin, to which Gates was re...TheStandardBusiness15 May 2017- Cash crisis escalatesZimbabwe’s prevailing cash crisis has escalated, with queues visible at many banking halls in Harare, a survey has shown. Reserve Bank of Zimbabwe (RBZ) governor John Mangudya has said queues for cash...TheStandardBusiness15 May 2017
'RBZ importing $10m weekly'Despite the vanishing of the United States dollar from the market and the cash shortages buffeting the country, the Reserve Bank of Zimbabwe (RBZ) says it is importing $10 million of the greenback wee...NewsDayBusiness8 May 2017
Zim narrows trade deficit to $614m in Q1ZIMBABWE recorded a trade deficit of $614 million in the first three months to March, an indication the country continues to rely on foreign-produced goods in spite of government efforts to halt the t...NewsDayBusiness5 May 2017
Tobacco sales expected to rake in US$700mOver US$200 million have so far been realised from tobacco sales and expectations are high that the country can hit US$700 million target by the end of this marketing season. Tobacco Industry and Mark...OnlineBusiness2 May 2017
UN hails Zim's commitment to achieving objectives of the eighth SDGThe United Nations (UN) has commended the government for prioritising goal number eight of the Sustainable Development Goals (SDGs) in the formulation of key macro-economic policies. The SDG number ei...OnlineBusiness1 May 2017
Zim banks thrive amid economic crisisZimbabwe’s banking sector is thriving despite the tough operating environment, with profitability and balance sheet significantly sound in the full year ended December 31, 2016, financial results from...TheSourceBusiness28 April 2017
Employers lose US$40 million to cash queuesIf we use an average minimum wage of US$250 per month the loss goes down to half. This will translate into slightly below half a billion US dollars per year if the cash shortages continue at the curre...OnlineBusiness28 April 2017
Bread prices to remain unchangedA breakthrough has been reached between millers and the Reserve Bank of Zimbabwe which effectively quashed a looming increase in the price of bread and other flour products. The RBZ will, in the next....OnlineBusiness26 April 2017
Mnangagwa headlines ZITF Business ConferenceVICE President Emmerson Mnangagwa will today deliver a key note address and officially open the 2017 Zimbabwe International Trade Fair (ZITF) International Business Conference in Bulawayo. The busines...OnlineBusiness26 April 2017
Tobacco revenue down 13%TOBACCO exports have grown by 9% to 43 million kg with the bulk going to China according to latest statistics from the Tobacco Industry and Marketing Board (TIMB). In the same period last year exports...NewsDayBusiness25 April 2017
Bakers mull bread price increaseBAKERS have hinted on an increase in the price of bread and other flour products following a rise in the prices of bread flour of between 10-25 percent as a result of nostro liquidity challenges. The....HeraldBusiness24 April 2017
Firms in Forex challenges: RBZ battles long foreign payment queuesPROCUREMENT of imported raw materials and capital equipment has become a nightmare for most companies as the Reserve Bank of Zimbabwe (RBZ) battles long foreign payment queues, an official has said. Z...ChronicleBusiness21 April 2017
'Diamonds no longer major export'As the country reels from persistent economic turmoil, with countless companies shutting down and thousands of workers losing jobs amid worsening poverty, the need for an economic turnaround has never...OnlineBusiness14 April 2017