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Retailers Oppose Proposed Import Controls

HARARE – The Confederation of Zimbabwe Retailers (CZR) has voiced strong opposition to a proposal by the Confederation of Zimbabwe Industries (CZI) to impose...
Politics

Treasury Under Siege — Inside the Cartel That Runs Zimbabwe’s Finances

HARARE — The stunning dismissal of Energy Mutodi from his position as Chairperson of Parliament’s Finance and Budget Committee has ripped the lid off...
Business

Zimbabwe business beset by profitability problems

HARARE - Recent financial results indicate that profit margins across Zimbabwe's listed companies have generally softened, reflecting mounting cost pressures and a challenging policy...
Business

Bitumen World denies bribery claims linked to finance secretary Guvamatanga

HARARE – Civil engineering firm Bitumen World has denied claims by an MP that it was asked to pay bribes to finance ministry permanent...
Business

Pension assets hit US$2,63bn

Zimbabwe’s pensions industry recorded a 6 percent growth in total assets to U$2,63 billion in the quarter to June 30, 2025 , according to...
Business

Edgars Stores returns to profit as revenue jumps in first half

Zimbabwe Stock Exchange (ZSE) listed Edgars Stores Limited returned to profit in the half-year to July 6, 2025, after the clothing retailer recorded a...
Business

Zim’s manufacturing sector bullish over business climate

Capacity utilisation for large manufacturing companies increased by 4,1 percentage points to 57,3 percent in the second quarter of this year, compared to 53,2...
Business

South Africa’s biggest retailer selling and closing stores

Shoprite, South Africa’s biggest grocery retailer, is closing down its operations in Ghana and Malawi as part of a broader strategy that has seen...
Business

Simbisa forks out nearly US$1m in Fast-Food Tax

Simbisa Brands Limited paid close to US$1 million to the Zimbabwe Revenue Authority (ZIMRA) in Fast-Food Tax between January and June 2025, demonstrating its...
Business

Zimbabwe Energy Minister Stresses Baseload Power as Key to Industrial Growth

CAPE TOWN, South Africa – Zimbabwe’s Minister of Power and Energy Development, July Moyo, has warned that the country’s industrialisation ambitions – and Africa’s...
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