news and current affairs.
Zimbabwe gold exports skyrocket to 396 million in Q1
Zimbabwe saw gold exports jump to $395.9 million in the first quarter this year, up from $303 million during the same time last year. The country earned $123.1 million in January, $117 million in February, and $155.8 million in March. Gold remains Zimbabwe's top foreign money maker, with the nation earning $1.5 billion from it last year. Gold prices hit a record high of $3,500.05 per ounce yesterday as investors sought safety amid concerns about President Trump's criticism of the Federal Reserve chair. Gold deliveries reached 8,496.4 kilograms in the first quarter, showing a 40.6 percent rise compared to last year. Small-scale miners led the way with 5,770.85 kilograms, much more than the 2,725.55 kilograms from larger mining...
Why SADC says sorting Zim debt helps us all
SADC says Zimbabwe must succeed with money fixes for all nearby countries to stay stable. The group asks world leaders to help Zimbabwe pay its debts. High debt makes borrowing expensive, forcing money toward interest payments instead of helping people. SADC leader Mr Magosi fully backs Zimbabwe's plan to clear unpaid bills and resolve debt problems. He talked about this at the IMF World Bank meetings happening right through April 26 in Washington. Mr Magosi meets global partners at these important talks to show SADC wants more international teamwork. SADC includes 16 countries working together for better trade growth. Zimbabwe promises many changes to fix its money troubles. The country needs fresh loans from the World Bank, but...
China says US tariffs wont buy you peace
China warns that giving in to America about trade deals never brings peace. They strongly reject any agreements between America and other countries that hurt Chinese business interests. Chinese experts say America wants to bully China but probably cannot find many countries to join its plan. The US keeps putting taxes on all countries it trades with unless they agree to limit business with China. America calls this reciprocal tariffs, but China sees it as economic bullying. China believes America hides behind fair trade talk when, really, they want control over global trade rules. Making deals with America just leads to more demands, not respect or better treatment. Trading away Chinese partnerships for tax breaks will fail badly and...
Mai Dhuterere walks free after car deal row
The court released Mai Dhuterere from jail time because the judge said police must bring her back with proper papers later. Mai Dhuterere faces claims that she tricked a politician out of money. People say she worked with her brother, telling lies about buying a truck. They promised to find a Toyota Hilux GD6 from Botswana for the politician. Court papers show this happened last September when Mai Dhuterere heard the politician wanted this vehicle for sixteen thousand dollars.
IMF and World Bank could power Zims comeback
Zimbabwe needs help from large money groups like the IMF World Bank for its recovery plans. This message came from former Mozambique leader Dr Chissano, African Development Bank head Dr Adesina, who both work on fixing Zimbabwe's debt problems. Zimbabwe officials went to Washington, DC, for meetings with these global finance groups. Their team talked with the IMF director, Mr Ubise, about money reforms and debt issues. The country is making progress with land rules, government changes money system improvements as part of its debt fix program. They reached an agreement with the IMF on a Staff Monitored Programme, helping move toward the economic goals 2030 vision. SADC leader Mr Magosi joined efforts asking for more international...
Skip the Paperwork Grab Your Licence at ZITF
The government offers many helpful services for drivers at the Zimbabwe International Trade Fair 2025. People can print driver licenses on the spot, handle medical checks, fix license problems, make electronic copies of learner permits, confirm licenses, replace lost vehicle books, ask car questions, or apply for third-number plates. The Transport Ministry runs these services to make life easier for everyone attending. Visitors save time because everything happens in one place with fast processing. No more waiting around for documents or traveling between offices. The ministry wants to cut paperwork for citizens who need transport services. These convenient options help businesses, drivers, and transport companies follow rules quickly...
Dont write off FC Platinum yet
Norman Mapeza stays calm about FC Platinum's league position. The coach believes his team can still win despite their slow start. His team sits tenth with nine points after seven games. They remain unbeaten but have drawn six matches already. MWOS leads the league with seventeen points. FC Platinum struggles to score goals, with only three in seven games. Their defense performs well, allowing just two goals all season. Jarrison Selemani recently ended their scoring drought with a brilliant goal. The team created other chances but failed to convert them. Mapeza compares this situation to 2008 when his Monomotapa team started similarly before winning the title. The coach refuses to panic or pressure his players during this difficult...
Zimbabwes tight money policy paying off
Zimbabwe's central bank says its tight money rules work well. The bank stopped printing extra cash, which helped build trust. Bank leader Dr Mushayavanhu told people abroad about lessons from past money troubles. He said printing money never fixes a country's problems. They decided to return to basic principles. The ZiG currency came last April but lost some value, confusing many people. People wondered why gold-backed money would lose worth when gold prices stayed strong or went up. Dr Mushayavanhu explained that ZiG has gold support but does not directly follow gold prices. This happens because linking directly to gold prices might break international rules. The bank keeps gold reserves worth $629 million, up from $276 million last...
EU Ambassadors Gear Up for ZITF Investment Talks
The EU sends seven representatives to Bulawayo for important talks about money matters. They want to rebuild trade connections with Zimbabwe, shown by their bigger presence at the Zimbabwe International Trade Fair. After these meetings, they plan to start the first EU-Zimbabwe Business Forum from May 20-22 in Harare to help businesses work together better. This shows how well Zimbabwe's plan to make friends worldwide has worked. The EU joined ZITF for the third year running with one of the largest stands from another country. They have already won awards for best foreign display twice. Their focus remains on working with local companies through their Global Gateway plan. The EU features many European countries, such as France...
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