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Zimra targets US$7.155 billion in 2025 revenue collection drive
The Zimbabwe Revenue Authority (ZIMRA) has set an ambitious target to collect US$7.155 billion in tax revenue for 2025, reflecting a 17 percent increase from the 2024 target.ZIMRA, the governm...Published: 03 Apr 2025 at 08:05hrs | 81 | by Staff reported
South Africa's GNU at risk after parliament backs budget
South Africa's parliament approved a key piece of budget legislation despite objections from the second-biggest party in the coalition government, raising the risk of the alliance unravelling....Published: 03 Apr 2025 at 07:57hrs | 265 | by Staff reported
UZ law exam paper leaks
A University of Zimbabwe (UZ) examination for law students was delayed on Wednesday after the scheduled paper leaked, raising concerns over the credibility of the institution's examination security sy...Published: 22 Mar 2025 at 12:13hrs | 1530 | by Staff reporter
BCC reduces parking exemption hours for senior citizens
The City of Bulawayo has announced a reduction in monthly parking exemption hours for senior citizens, citing financial losses exceeding US$119,000 from the initiative last year. As a result, the exem...Published: 16 Mar 2025 at 09:23hrs | 236 | by Staff reporter
Critical evaluation of the South Africa's 2025 Budget effect on the property market
The 2025 Budget presents a multifaceted impact on South Africa's property market, balancing fiscal stability, infrastructure development, and housing affordability with rising taxation, debt-servicing...Published: 14 Mar 2025 at 06:43hrs | 70 | by Dr Bekithemba Mpofu
Ramaphosa's ANC to increase VAT for South Africa
Finance minister Enoch Godongwana has proposed a 0.5 percentage point increase for value-added tax (VAT) in the 2025/26 financial year, followed by a further 0.5 percentage point increase in 2026/27....Published: 12 Mar 2025 at 15:11hrs | 365 | by Staff reporter
Fuel price hike expected this month
In March 2025, Zimbabwean consumers will see a slight increase in petrol prices, with the price per litre rising to US$1.54 from US$1.53 in February. On the other hand, diesel prices have experienced ...Published: 07 Mar 2025 at 10:38hrs | 640 | by Staff reporter
Zimbabwe's Broadcasting Services Bill sparks debate
The Broadcasting Services Amendment Bill sparked significant debate in the National Assembly before its passage in the House on Tuesday, particularly regarding its provision requiring motorists to acq...Published: 07 Mar 2025 at 06:58hrs | 161 | by Staff reporter
Zimbabwe broadcasters must cover local, African sport
The Broadcasting Services Amendment Bill ignited significant debate in the National Assembly before its passage on Tuesday, particularly over its provision requiring motorists to obtain a Zimbabwe Bro...Published: 07 Mar 2025 at 06:54hrs | 46 | by Staff reporter
Zimbabwean permit holders say life in SA has become intolerable
The Zimbabwe Exemption Permit Holders Association (Zepha) has urged the Zimbabwean government to facilitate an urgent voluntary repatriation programme for Zimbabweans living in South Africa, citing wo...Published: 03 Mar 2025 at 11:57hrs | 1685 | by Staff reporter
MTN earnings to plummet
MTN Group has issued a trading statement to shareholders, warning of a substantial decline in earnings for the year ending 31 December 2024. The telecommunications giant expects to report a more than ...Published: 27 Feb 2025 at 12:19hrs | 404 | by Staff reporter
Zimbabwe teachers demand urgent salary review, threaten strike
Zimbabwean teachers have renewed their salary demands, citing unbearable working conditions and government inaction on their grievances.Teachers' unions have repeatedly written to the governme...Published: 26 Feb 2025 at 12:37hrs | 503 | by Staff reporter
Mnangagwa's Cabinet resolves to corner vendors
As Zimbabwe's economy continues to spiral downward, the government has introduced a series of controversial measures aimed at taxing the struggling informal sector and vendors to boost state revenue. ...Published: 12 Feb 2025 at 11:21hrs | 1249 | by Staff reporter
South Africa hikes toll fees
The South African National Roads Agency (Sanral) has announced an increase in toll tariffs across the country's major routes, effective from 1 March 2025. The toll fees will rise by 4.84%, marking a s...Published: 11 Feb 2025 at 12:27hrs | 863 | by Staff reporter
Zimbabwe central bank cracks down on cash hoarding
The Reserve Bank of Zimbabwe (RBZ) has expressed concern over millions of dollars lying idle in cash deposit boxes across the country, warning that the growing trend is stifling economic growth by dep...Published: 09 Feb 2025 at 17:40hrs | 6348 | by Staff reporter
Bulawayo City Council steps up efforts to restore order in CBD
The Bulawayo City Council (BCC) has announced plans to maintain a strong security presence at key vending sites and illegal commuter pick-up points in the Central Business District (CBD) as part of it...Published: 09 Feb 2025 at 11:23hrs | 960 | by Staff reporter
Zimbabwe central bank speaks on retailers
The Reserve Bank of Zimbabwe (RBZ) has dismissed claims by registered retailers that the country's economic environment is to blame for their operational challenges, pointing instead to gross mismanag...Published: 08 Feb 2025 at 12:30hrs | 183 | by Staff reporter
Zimbabwe central bank cuts exporter retention threshold
The Reserve Bank of Zimbabwe (RBZ) has reduced exporters' foreign currency retention threshold from 75% to 70% as part of efforts to promote the use of the domestic currency, the Zimbabwe Gold (ZiG), ...Published: 07 Feb 2025 at 06:34hrs | 164 | by Staff reporter
Egodini deal terminated
The Bulawayo City Council (BCC) has officially moved to terminate the lease agreement with Terracotta Trading Private Limited for the US$60 million Egodini Redevelopment Project due to the contractor'...Published: 06 Feb 2025 at 07:34hrs | 2226 | by Staff reporter
SADC extraordinary summit on Eastern DRC postponed to January 31
The Southern African Development Community (SADC) Extraordinary Summit, originally scheduled for tomorrow, has been postponed to Friday, January 31. The Summit will focus on addressing the ongoing sec...Published: 30 Jan 2025 at 06:56hrs | 176 | by Staff reporter
Chivayo responds to reports of bank limit adjustments
Businessman Wicknell Chivayo has strongly dismissed reports that he requested Ecobank to adjust two bank accounts to a US$20 million monthly limit after securing lucrative government contracts worth U...Published: 29 Jan 2025 at 18:49hrs | 14597 | by Staff reporter
Zanu-PF team monitors Beitbridge operations
The ruling ZANU-PF party has deployed senior members of its Economic Development Cluster on a two-day working visit to Beitbridge Border Post to assess the implementation of economic development polic...Published: 29 Jan 2025 at 08:43hrs | 280 | by Staff reporter
Bosso financial woes exposed
Highlanders Football Club's precarious financial state was laid bare at its annual general meeting (AGM) yesterday, as audited financial statements revealed glaring discrepancies and management challe...Published: 27 Jan 2025 at 08:20hrs | 218 | by Staff reporter
Triangle retrenches as economy bites
Sugar producer Triangle Limited has announced a phased retrenchment program, with the first group of employees set to leave by the end of next month, citing a tough operating environment.In a ...Published: 15 Jan 2025 at 06:38hrs | 278 | by Staff reporter
Tropical Cyclone Dikeledi's path and impact
Tropical Cyclone Dikeledi is advancing westward toward northern Madagascar, with its center located approximately 817 km (508 miles) north-northeast of Antananarivo as of January 11.Forecast m...Published: 11 Jan 2025 at 18:29hrs | 644 | by Staff reporter
Zimbabwe govt clarifies retirement age extension
The Zimbabwean government has extended the retirement age for civil servants and members of the uniformed forces by five years, citing the need to utilize their expertise and address the country's inc...Published: 01 Jan 2025 at 10:14hrs | 848 | by Staff reporter
Zimbabwe extends retirement age for civil servants
The government has announced an increase in the retirement age for civil servants and members of the uniformed forces by an additional five years, effective 1 January 2025.According to Statuto...Published: 31 Dec 2024 at 13:57hrs | 1187 | by Staff reporter
Zimborders hikes vehicle toll fees at Beitbridge
Zimborders Consortium, the entity managing the Beitbridge Border Post, has announced that it will be increasing access toll fees for commercial vehicles starting February 1, 2025. The fee hikes will a...Published: 29 Dec 2024 at 08:56hrs | 2130 | by Staff reporter
Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 11:00hrs | 115 | by Staff reporter
Mnangagwa launches ZImbabwe's new land tenure programme
President Emmerson Mnangagwa is set to launch the new Land Tenure Implementation Programme today at Pricabe Farm in Kwekwe, a transformative initiative aimed at enhancing land ownership security, unlo...Published: 20 Dec 2024 at 10:59hrs | 141 | by Staff reporter
Zimbabwe may surpass 2024 gold production target
Zimbabwe's gold mining sector has witnessed remarkable growth over the past decade, with production nearly doubling since 2015. The country is now on track to surpass its 35-tonne gold production targ...Published: 15 Dec 2024 at 09:09hrs | 721 | by Staff reporter
Zinwa financial rot exposed
An external audit conducted by Grant Thornton has raised serious concerns about the financial management at the Zimbabwe National Water Authority (Zinwa), revealing significant irregularities in its r...Published: 14 Dec 2024 at 12:35hrs | 2162 | by Staff reporter
Bulawayo City Council forced to revise 2025 budget
Following a heated meeting with business representatives, residents' associations, and other key stakeholders, the Bulawayo City Council (BCC) has been compelled to revise its proposed 2025 budget. Th...Published: 13 Dec 2024 at 09:32hrs | 140 | by Staff reporter
Machakaire responds to Paradza as factions tear Zanu-PF
Daggers are drawn within Zimbabwe's ruling Zanu-PF party as a power struggle between top leaders of the influential Youth League threatens to deepen divisions.Youth Affairs Minister Tino Macha...Published: 11 Dec 2024 at 13:54hrs | 1483 | by Staff reporter
Mthuli Ncube willing to review tax proposals
The Zimbabwean Treasury may revise certain tax measures outlined in the 2025 National Budget following concerns raised by business leaders, economists, and other stakeholders. Finance, Economic Develo...Published: 11 Dec 2024 at 06:30hrs | 449 | by Staff reporter
Zanu-PF Youth League reshuffle sparks tensions, put on hold
Zanu-PF's National Secretary for Youth Affairs, Tino Machakaire, announced a major reshuffle of the Youth League National Executive to align the structure with the 2030 national agenda. However, the m...Published: 10 Dec 2024 at 16:44hrs | 836 | by Staff reporter
Welshman Ncube's CCC takes Tshabangu to court
The Citizens Coalition for Change (CCC), under the leadership of Welshman Ncube, has taken Secretary General Sengenzo Tshabangu to court over a contentious parliamentary reshuffle that saw Karenyi Kor...Published: 10 Dec 2024 at 11:32hrs | 1489 | by Staff reporter
RBZ assures bonus payments will not disrupt economic stability
Reserve Bank of Zimbabwe (RBZ) Governor Dr. John Mushayavanhu has assured that the payment of civil servant bonuses ahead of the festive season will not affect price stability or the exchange rate....Published: 01 Dec 2024 at 08:50hrs | 103 | by Staff reporter
Zimbabweans abroad sent home US$1,9 billion in 9 months
Zimbabweans living abroad sent a record-breaking US$1.9 billion back home in the first nine months of 2024, marking a significant 16.5% increase from the US$1.6 billion remitted in the same period las...Published: 29 Nov 2024 at 07:17hrs | 369 | by Staff reporter
Mthuli Ncube squeezes taxpayers
Finance, Economic Development and Investment Promotion Minister, Mthuli Ncube, yesterday unveiled a set of new taxes aimed at bolstering government revenue in the 2025 national budget. The tax measure...Published: 29 Nov 2024 at 07:16hrs | 825 | by Staff reporter
All eyes on Professor Mthuli Ncube
As Zimbabwe prepares for the presentation of the 2025 National Budget, all eyes are on Finance, Economic Development, and Investment Promotion Minister, Professor Mthuli Ncube. The Budget, which serve...Published: 27 Nov 2024 at 08:13hrs | 1090 | by Staff reporter
Innscor engages govt over tax
Innscor Africa Limited has raised concerns over high taxes and their detrimental impact on the company's profitability, warning that the escalating cost-push pressures are putting a strain on its fina...Published: 18 Nov 2024 at 15:06hrs | 176 | by Staff reporter
Zimbabwe Warriors aim to finish AFCON qualifiers on a high
With qualification for the 2025 Africa Cup of Nations already secured, Zimbabwe's Warriors, under coach Michael Nees, are not taking their final Group J match against Cameroon lightly. Despite the aca...Published: 18 Nov 2024 at 15:01hrs | 253 | by Staff reporter
Zimbabwe miners propose royalties linked to metal prices
Zimbabwe's Chamber of Mines has put forward a proposal to the Ministry of Finance suggesting that royalty payments be linked to the market prices of metals, including lithium and platinum group metals...Published: 16 Nov 2024 at 14:27hrs | 99 | by Staff reporter
Call for transparency and Stakeholder Consultation on New Cyber and Data Protection Licencing Regulations
The recent implementation of the Cyber and Data Protection Licencing regulations (S.I. 155 of 2024) by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ) has sparked significa...Published: 08 Nov 2024 at 14:44hrs | 114 | by Engineer Jacob Kudzayi Mutisi
ZERA increases fuel prices in Zimbabwe
The Zimbabwe Energy Regulatory Authority (ZERA) has announced a fuel price adjustment for diesel and petrol blend, impacting prices in both Zimbabwean dollars and US dollars. The new rates, effective ...Published: 06 Nov 2024 at 16:24hrs | 8978 | by Staff reporter
FC Platinum's title hopes crushed
Dynamos 2 - 0 FC PlatinumWith rivals Simba Bhora securing a nine-point lead just a day earlier, FC Platinum entered the game under pressure to close the gap. However, Dynamos exploited that urgenc...Published: 04 Nov 2024 at 06:32hrs | 154 | by Staff reporter
Bonuses for civil servants will be paid starting Friday next week
Starting Friday next week, Zimbabwean public sector employees will begin receiving their 2024 annual bonuses, with the first 50 percent instalment to be paid alongside November salaries and the remain...Published: 03 Nov 2024 at 10:05hrs | 1467 | by Staff reporter
RBZ hikes limits for mobile money and electronic transactions
Zimbabwe's Reserve Bank (RBZ) has announced an increase in transaction limits for mobile money and electronic transfers, a move aimed at addressing the challenges posed by rising inflation and fluctua...Published: 02 Nov 2024 at 08:49hrs | 5616 | by Staff reporter
Godongwana controversially allocates R321 million to Western Cape
In a surprising move, Finance Minister Enoch Godongwana has allocated an additional R321 million in basic education funding exclusively to the Western Cape, sparking concerns and calls for transparenc...Published: 31 Oct 2024 at 11:58hrs | 1652 | by Staff reporter
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