Year: 2025
VP Chiwenga Sees Off New Envoys to Key Global Capitals
Four ambassadors-designate to the United States, the United Arab Emirates, South Africa and Cuba have bid farewell to Vice President Dr Constantino Chiwenga at Munhumutapa Building, in a moment that underlines how Zimbabwe is quietly but deliberately repositioning its diplomacy around economic interests, strategic partnerships and re-engagement. Ambassador David Hamadziripi heads to Washington, Ambassador Isaac […]
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OK Zimbabwe Streamlines Operations: Closes 11 Branches and Cuts Staff in bid to return to Profitability
OK Zimbabwe Limited has closed 11 branches and reduced its workforce as part of efforts to restore profitability and address liquidity challenges. The company, led by former senior executives including ex-CEO Willard Zireva, aims to revive its fortunes after facing financial constraints that threatened its viability. The retailer, which once operated 76 stores nationwide, plans […]
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ZIFA quashes PSL’s decision to defer relegation of teams from the top flight league
The Zimbabwe Football Association (ZIFA) has rejected the Premier Soccer League’s (PSL) decision to suspend relegation for the 2025 season and expand the league to 22 teams. ZIFA insists that promotion and relegation are essential to maintaining the league’s integrity and fairness, and that any changes must follow proper procedure. This means four teams will […]
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ZECO Holdings Limited Reports Improved Shop Occupancy in Real Estate Segment
ZECO Holdings Limited has reported a rise in shop occupancy in its real estate segment, reaching 52.17% in the third quarter ended September 30, 2025, up from 30.77% in the same period last year. The company attributes this growth to intensified marketing efforts and expects occupancy rates to increase further in the coming months. Financial […]
Read MorePSL says no teams to be relegated as it expands leageu
Big news for the relegated teams! The Premier Soccer League (PSL) has voted against relegation this season, saving clubs like Kwekwe FC, Yadah, Dynamos, Caps United, and Highlanders from dropping down. The decision aims to transition the league to a 20-team format, aligning with international standards. Here’s the breakdown:
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ZESA’s Thermal Power Gamble Tests Energy Future
By Aldridge Dzvene ZESA is no longer just chasing megawatts, it is gambling on a massive new wave of coal fired power to yank Zimbabwe out of rolling blackouts and anchor an ambitious industrialisation drive, even as the world races toward cleaner energy. Plans outlined to Parliament and regional power stakeholders show that the utility, […]
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Tobacco Waste Turned Into Export Gold In New Harare Plant
A multimillion dollar tobacco waste processing plant in Harare has shifted Zimbabwe’s tobacco story from one of raw leaf exports to high tech value addition and green industrialisation, with authorities hailing it as a game changer for farmers, exporters and the wider economy. Backed by Indian investor African Extracts Private Limited, the plant is the […]
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Dr Tungwarara Rallies Churches As Pillars Of Vision 2030
By Aldridge Dzvene Presidential Investment Advisor Dr Paul Tungwarara has thrown down a bold challenge to the pulpit, telling congregants in Mashava that Zimbabwe will not reach Vision 2030 on roads and factories alone but on churches that unite, shape behaviour and turn faith into tangible nation building projects. Addressing a packed church service in […]
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ZIMRA sets deadline for TaRMS and FDMS intergration
The Zimbabwe Revenue Authority (ZIMRA) has announced key updates regarding the integration of the Tax and Revenue Management System (TaRMS) with the Fiscalisation Data Management System (FDMS). The authority has set December 1, 2025, as the cutoff date for valid fiscal tax invoices, debit notes, and credit notes. Taxpayers with valid claims issued before November […]
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NMB Announces Significant Financial Milestones and Economic Outlook
NMBZ Holdings Limited has announced the disbursement of US$25 million by its subsidiary, NMB Bank Limited (NMB), from a US$50 million facility provided by Afreximbank, allocated to the mining and construction sectors during the third quarter ending September 30, 2025. This represents 50% of the total facility, underscoring the bank’s commitment to supporting key growth […]
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