Council Closes 121 Businesses in Harare CBD

The Harare City Council has shut down 121 businesses in the central business district for non-compliance. The council’s initiative, “CBD Order Restoration,” aims to ensure businesses operate safely and within…

New Leadership at ZESA

ZESA has appointed new leaders to steer the company forward. Albert Joel Nduna has taken over as interim board chairman, while Cletus Nyachowe serves as acting CEO. This change comes…

Retailers Struggle Amidst Economic Turmoil

The Zimbabwean retail sector is facing unprecedented challenges. Truworths Limited and its subsidiaries have become the latest casualties, delisted from the Zimbabwe Stock Exchange (ZSE) after a shareholder resolution and…

Flo Petroleum Fined for Mixing their Fuel with Water

Flo Petroleum, a company with a knack for selling contaminated fuel, has been fined $350 by Harare magistrate Mr. Gamuchirai Gore after being found guilty of selling fuel that would…

Trabablas Roundabout Controversy: True Cost Revealed

Finance Minister Mthuli Ncube has sparked controversy by revealing the actual cost of the Trabablas Roundabout project to be US$114.3 million, significantly higher than the previously reported US$88 million. According…

Tika Chem Truck Wreaks Havoc on Harare’s Trabalas Interchange

  The Ministry of Transport and Infrastructure Development is cracking down on Tika Chem Investments after one of its trucks caused significant damage to the newly built Trabalas Interchange in…

Zimbabwe’s Bold Move: Securitizing Diaspora Remittances

The Reserve Bank of Zimbabwe (RBZ) is set to introduce a groundbreaking financial initiative that could unlock over $1 billion in annual diaspora remittances and inject much-needed capital into the…

Zimbabwe’s Informal Sector: A $7.5 Billion Tax Revenue Opportunity

The African Development Bank (AfDB) has sounded the alarm on Zimbabwe’s informal sector, estimating that the country is losing between $7.5 billion and $8 billion in potential tax revenue every…

Landmark Ruling: High Court Declares Malunga Farm Expropriation Unlawful

In a significant victory for property rights, the Bulawayo High Court has ruled that the government’s expropriation of land owned by human rights lawyer Siphosami Malunga and his business partners…

Zimbabwe’s Grain Milling Sector Under Siege: Local Millers Cry Foul Over Foreign Invasion

In a bizarre twist, Zimbabwe’s grain milling sector, reserved for locals by law, has been invaded by foreign nationals – particularly Pakistani traders. Local millers are up in arms, claiming…