Author: John Tanyanyiwa
TIMB Cracks Down on Illicit Tobacco Trade with Hefty Fines
The Tobacco Industry and Marketing Board (TIMB) has taken a firm stance against illicit trade practices in the tobacco industry, imposing hefty fines on stakeholders engaging in illegal activities. The fines, ranging from US$50 to US$5,000, aim to curb side marketing, smuggling, and other illicit practices that undermine the sector’s growth. According to TIMB, contractors […]
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NRZ Gets New Leader, Charangwa Takes The Helm
The National Railways of Zimbabwe (NRZ) has appointed a seasoned executive, Munyaradzi Stephen Charangwa, as its new Chief Executive Officer, effective April 1, 2026. Charangwa brings a wealth of experience in investment, infrastructure, and strategy to the role, having previously served as Head of Investments at ZIDA and Old Mutual. His mandate is clear: modernize […]
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Zimbabwe, Ghana Cement Strategic Alliance as Presidents Oversee Landmark MoUs
Zimbabwe and Ghana have entered a new phase of structured cooperation, with His Excellency, the President of the Republic of Zimbabwe, Emmerson Dambudzo Mnangagwa, and His Excellency, the President of the Republic of Ghana, John Mahama, witnessing the signing of ten Memoranda of Understanding (MoUs), a move that signals a decisive shift from diplomatic engagement […]
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Fuel Price Surge Not Homegrown as Middle East Conflict Shakes Global Oil Markets
The sharp rise in fuel prices in Zimbabwe is not an isolated domestic development but a direct reflection of a global energy crisis triggered by the escalating conflict involving Iran, Israel and the United States. The war has struck at the core of global oil supply routes, sending shockwaves across international markets and pushing fuel […]
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Government Set to Transform Harare’s Chiremba Road with New Overpass and Upgrade
The Government of Zimbabwe is poised to embark on a major infrastructure development project aimed at enhancing the transportation network in Harare. Plans are underway to construct an overpass at the intersection of Chiremba Road and Glenara Road, accompanied by a comprehensive upgrade of Chiremba Road itself. This ambitious project is designed to address existing […]
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Government Removes Taxes Levied On Diesel to Spare Nation from Price Hike
In a bold move to cushion citizens and businesses from the impact of rising global fuel prices, the Government of Zimbabwe has removed taxes levied on diesel, effective April 3, 2026. This decisive intervention is aimed at stabilizing fuel prices and mitigating the effects of global market volatility triggered by disturbances in the Middle East. […]
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First Mutual Reports Stable Performance in FY2025
First Mutual Holdings Limited has released its audited abridged consolidated financial statements for the year ended 31 December 2025, showing a resilient performance amidst a challenging operating environment. The Group’s net property income was US$4.57 million (FY 2024: US$4.84 million), with total revenue at US$8.97 million (FY 2024: US$9.03 million). Rental income remains the primary […]
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TELECEL ZIMBABWE’S DO-OR-DIE MEETING: Can the telco giant bounce back?
Telecel Zimbabwe is holding a make-or-break meeting with creditors and members on April 15, 2026, as it struggles to navigate corporate rescue. The company, Zimbabwe’s third-largest mobile network operator, entered voluntary corporate rescue in October 2025 due to crippling debt and dwindling market share. Bulisa Mbano of Grant Thornton, the Corporate Rescue Practitioner, has summoned […]
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BAZ Calls For Community Radio Applications As Government Pushes For Devolution
The Broadcasting Authority of Zimbabwe (BAZ) has invited applications for community radio broadcasting licences in selected areas, marking a significant step towards promoting decentralization and local development. The move is part of the government’s efforts to ensure that no community is left behind in accessing information and staying up-to-date with national developments. The licences will […]
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Major Progress at Gwayi-Shangani Signals Water Security Push
Progress at the Gwayi-Shangani Dam has entered a critical technical phase, with construction at Block 3 transitioning from quality control inspections to concrete placement, a milestone that underscores growing momentum in one of Zimbabwe’s flagship infrastructure projects under the National Development Strategy 2. The dam wall has now surpassed the 40-metre mark, steadily advancing toward […]
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