news and current affairs.
Emcoz boss shames red tape, says Zim hustle is a trap
Zimbabwe's business leaders are demanding immediate policy changes following recent regulatory adjustments aimed at reducing operating expenses. The Employers' Confederation of Zimbabwe praised the government's efforts to eliminate agricultural taxes and levies during its annual meeting in Bulawayo. President Demos Mbauya addressed delegates at the 43rd congress, which focused on economic transformation through workplace discussions. Government officials continue examining regulations across multiple industries, including retail, tourism, manufacturing, and financial services. Business representatives identified informal employment as a major challenge affecting more than 80 percent of workers nationwide. Mbauya emphasized the need for...
Kavango plants flag on VFEX, Zim digs for global trust
Kavango Resources became the seventeenth company to join the Victoria Falls Stock Exchange during a Friday ceremony attended by senior government officials. Mines Minister Winston Chitando served as guest of honor while Deputy Finance Minister David Mnangagwa and Reserve Bank Deputy Governor Innocent Matshe witnessed the event. The mining firm maintains its primary London Stock Exchange listing but added Zimbabwe's bourse as a secondary market. This decision demonstrates the company's long-term commitment to its Zimbabwean operations. The listing enables local investors to purchase shares in the exploration company while providing access to United States dollar funding. Exchange officials announced plans to establish a commodities...
Gold glitters as platinum stumbles, miners cash in
Zimbabwe's mining industry demonstrates resilience amid fluctuating global commodity markets through sustained foreign investment and strategic capital allocation. The Zimbabwe Investment and Development Agency issued 280 new licenses during the reporting period while foreign cash investments reached $651.18 million in the first quarter of 2025. Gold production expectations rise from 38,454 kilograms in 2024 to 43,390 kilograms this year as international prices achieved record levels near $3,673 per ounce. Coal output anticipates growth to 6.3 million tonnes compared with 5.7 million tonnes previously recorded. Platinum group metals face market pressures from declining international commodity valuations, particularly affecting...
Nottingham Estate turns bad oranges into wild profits
Nottingham Estate transforms citrus farming through visitor experiences at its Beitbridge operation. The farm grows oranges, grapefruit and lemons while welcoming tourists, students and researchers for educational tours. Visitors learn about irrigation systems, pest control methods and harvest techniques during guided walks through the orchards. The estate feeds damaged fruit to elephants and baboons at nearby wildlife camps. This practice reduces agricultural waste while creating entertainment for guests who watch animals consume the citrus treats. The approach combines farming with conservation efforts. Agricultural tourism provides farmers with steady income beyond seasonal crop sales. The model creates jobs for tour guides and...
ZB Bank flexes green muscles, rivals scramble to catch up
ZB Financial Holdings earned Zimbabwe's first sustainability certification from the European Organisation for Sustainable Development. The achievement positions the financial institution as a leader in responsible banking practices across Africa. Board chairperson Agnes Makamure described the recognition as a declaration of intent for sustainable finance leadership. The certification aligns with United Nations Sustainable Development Goals and National Development Strategy 1. The Reserve Bank of Zimbabwe mandated this certification initiative for all financial institutions. Other banks are working toward similar standards as the central bank promotes responsible business practices. The certification covers ZBFH's banking, insurance and...
Bosso stares at the drop, Dynamos and Caps United panic
Highlanders face ZPC Kariba at Barbourfields Stadium this afternoon with relegation fears hanging over both teams. The home side holds 33 points while their opponents have accumulated 37 points during the current campaign. Coach Pieter de Jongh acknowledged his team requires victory to maintain their position above the danger zone. The Dutch manager called upon supporters to replicate their recent cup quarter-final atmosphere. Meanwhile, traditional rivals Dynamos and CAPS United clash at Rufaro Stadium with both clubs fighting to escape the bottom positions. Dynamos occupy 16th place with 29 points and cannot afford further setbacks. The Midlands derby between Kwekwe United and MWOS takes place at Ascot Stadium. Simba Bhora will...
Bosso mourns Sikhonjwa, centenary plans in heartbreak
Babongile Sikhonjwa passed away before witnessing the completion of Highlanders Football Club's centenary celebrations. The entertainment committee member had dedicated months to organizing the milestone event. He coordinated outreach efforts targeting musical performers, cultural organizations and former players across different generations. Board chairman Luke Mnkandla described losing Sikhonjwa as devastating for the planned festivities. The longtime supporter transcended typical fan loyalty by serving as a cultural ambassador for the institution. His responsibilities included engaging artists and community leaders while connecting diaspora supporters to the celebration planning. Sikhonjwa had envisioned bringing together the entire...
Simba Bhora sniff cash, Nsingizini Hotspurs hide faces
Simba Bhora enters the second leg against Nsingizini Hotspurs at Somhlolo National Stadium with a first-leg lead and a Betterbrands incentive worth $100,000. Coach Joel Luphahla plans an aggressive approach rather than defensive tactics for the CAF Champions League fixture. The Zimbabwe champions began preparation during January's preseason training. The winner advances to face either Tanzania's Simba SC or Gaborone United in the next round. Luphahla believes both Southern African clubs share similar playing styles and physical attributes. He returns to Somhlolo Stadium after 21 years, having previously assisted Peter Ndlovu during Zimbabwe's 5-0 Cosafa Cup victory. Both teams avoided scheduled public appearances on Friday...
Navaya turns Yadah hearts to mush, Greenfuel burns Chicken Inn late
TelOne mounted a dramatic late rally against Yadah at The Heart stadium, overturning a halftime deficit through two Washington Navaya strikes within seven minutes. The veteran forward netted his 14th and 15th goals of the campaign during the 82nd and 84th minutes, securing a 2-1 victory that elevated TelOne to fifth position with 46 points. Coach Herbert Maruwa switched formations at the interval, deploying a 3-5-2 system that created attacking opportunities for his forwards. Greenfuel escaped relegation danger with an equally stunning comeback against Chicken Inn in Chisumbanje. Washington Mapuwa converted a stoppage-time penalty after the hosts had equalized through Clive Rupiya following Lincoln Mangaira's second-half opener for the...
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