Since attaining independence, one of the major problems Zimbabwe has been facing is corruption. The issue dates back to the Willowgate Car scandal in 1988, which implicated top government officials. T

imbabwe is teetering on the precipice of a catastrophic power crisis, with the situation at the Kariba Dam reaching a terrifying nadir. As of August 19th, 2024, water levels have plummeted to a criti

Sub-Saharan Africa's economic growth forecast has been revised downwards to 3% for 2024, primarily due to the devastating impact of Sudan's civil war on the region's economy. This represents a 0.4% d

Zimbabwe's year-to-date tobacco exports have raked in US$1 billion exceeding the US$960 million recorded in 2023 according to Tobacco Industries Marketing Board. The country shipped approximately 187

Choppies is exiting Zimbabwe and has initiated discussions to divest its business, citing the adverse effects of policies that favour informal traders over formal retail operations. The company plans

Reduction of Sugar Tax: Has cut the sugar tax from 0.001% to 0.0005% per gram Revenue Allocation Concerns: Despite generating significant revenue from the sugar tax, no cancer treatment equipment has

The United States and United Kingdom have imposed stringent sanctions on individuals implicated in gold smuggling and money laundering operation based in Zimbabwe, effective December 9, 2024.

Delta Corporation, Zimbabwe's largest beverages maker, has paid US$31.2 million in sugar taxes during the period from February 2024 to December 2024, which has had a ripple effect on the market. The

The Zimbabwe Revenue Authority (ZIMRA) has launched a new system, the Employee Management Module (EMM), which will be used for the January 2025 Pay As You Earn Return (PAYE). This module is aimed at

Zimbabwe's tobacco marketing season commences today, with the agricultural sector projecting a yield of 300 million kilograms of premium flue-cured leaf  in 2025. Under the nation's dual-currency set

For Zimbabwean businesses and policymakers, this figure raises a pressing question: is it enough to pull South Africa—and the region—out of its economic quagmire? As Zimbabwe’s largest trading partner

he United States has imposed new tariffs on Zimbabwe as part of President Donald Trump’s rollout of a trade war strategy, introducing “reciprocal tariffs” that subject Zimbabwean goods to a minimum ta

Zimbabwe’s fuel prices have remained static for both petrol and diesel in May, according to  energy regulator,  Zimbabwe Energy Regulatory Authority (ZERA). Petrol continues to retail at US$1.53 per

aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has delivered a remarkable financial performance in the first quarter of 2025, with net profit soaring by 493% to US$8.9 million fr

The United Kingdom has introduced a series of stringent immigration reforms through its 2025 Immigration White Paper, aimed at reducing net migration and prioritising high-skilled workers to bolster e

The Tobacco Industry and Marketing Board (TIMB) in Zimbabwe has launched a pivotal debt relief program under the Tobacco Inputs Credit Scheme (TICS), announced on May 20, 2025, to bolster the liveliho

Zimbabwe’s power generation has increased, according to the latest update by the Zimbabwe Power Company (ZPC). Data posted by ZPC shows that output has rose to above 1400 MW from around and below 900

Oil prices have skyrocketed to a five-month high, with Brent crude surging 5.7% to US$81.40 a barrel before settling at US$78.39, with U.S. West Texas Intermediate rising 2.6% to US$75.76. The spike

The Zimbabwe Energy Regulatory Authority (ZERA) has announced an upward adjustment in fuel prices for the month of July, reflecting both global oil market trends and persistent domestic vulnerabilitie

Zimbabwe Consolidated Diamond Company (ZCDC), the country’s largest state-owned diamond miner, has confirmed the retrenchment of 400 employees, a move that reflects the worsening crisis in the global