China wants its yuan to weaken against major world currencies to help its struggling economy during the US trade battle. The yuan fell to financial crisis levels against the dollar Thursday before recovering slightly as Chinese leaders prepare to discuss stimulus plans. Their currency also hit a 15-month low against trading partners' currencies.
More people bet against the yuan after China's central bank lowered its reference rate for six days straight. This carefully managed decline makes Chinese products cheaper abroad compared to other countries' exports. The strategy might counter some effects from Trump's massive 125% tariffs, which threaten trade between these economic giants.
Trump targeted China specifically with his trade...
According to ZACC figures, Harare has the most corruption among all provinces. The anti-corruption body received 158 complaints from the capital during 2025's first quarter—that's 86% of all nationwide reports. Gweru came second with just 11 complaints, and Mutare third with nine. ZACC recorded only five cases combined from Mashonaland Central and Mashonaland West provinces.
No corruption reports came from Masvingo or Bulawayo. ZACC Chairman Michael Reza says this happens because people don't know about their offices outside Harare. Many people travel to the capital to report problems instead of using local offices. The commission handled 67 reports in January, 75 in February, and 41 in March.
The majority of reports (138) went to...
Private companies across Zimbabwe keep pumping money into power projects, mostly renewable energy, to meet their needs. ZERA data shows 29 projects will add 1,688 megawatts to the country's supply. Companies really love solar—they've planned 25 solar projects that'll produce 403 megawatts of clean energy.
Coal remains the biggest power source, though. Three thermal projects will create 1,265 megawatts, proving that traditional energy still matters to many businesses. The largest project belongs to Prestigious Preserve, building a massive 1,200 megawatt coal plant in the River Ranch area. Max Mind Investments plans another thermal plant producing 240 megawatts of power.
Solar projects keep popping up everywhere. Caledonia Mining built...
Progress Chipfumo from Sounds of Motherland is healing in the UK after knee surgery. He suspects someone bewitched him before leaving Zimbabwe during last year's holiday season. His band faces uncertainty during his absence, which started as a short trip. He recently told Zimpapers Arts that his kneecap was dislocated, causing major problems since arriving to visit friends. The talented musician collapsed three times performing at home despite wearing a knee guard.
Chipfumo misses Zimbabwe but must finish treatment first. If everything goes well, he plans to return home in early August. The guitarist promises fans great music once he comes back for several shows. His manager, Junior Chipfumo, stays in touch with him abroad. Band...
Presidential Advisor Dr Paul Tungwarara announced a US$200,000 revolving fund for Glen View South residents yesterday. Anyone with good business ideas, including vendors, can access this money. He made this announcement at a rally with top Zanu PF officials present, highlighting President Mnangagwa's promise to empower people everywhere.
The President previously gave US$1.5 million to war veterans plus US$2 million for youth projects. During the event, Tungwarara asked locals to vote for Zanu PF candidate Tsitsi Tawomhera in the coming elections. He promised more money-making projects and aimed for financial stability across Zimbabwe before 2030.
President Mnangagwa also provided solar-powered boreholes, which provide clean water to...
Zimbabwe's government wants nuclear power from small modular reactors as part of its energy plans. Vice President Chiwenga shared this news at the International Renewable Energy Conference happening in Victoria Falls. The country aims to add value to minerals like manganese, nickel, copper, cobalt, plus lithium for making energy tech locally. Zimbabwe might have plenty of uranium near Kanyemba in the Zambezi Valley, which could fuel nuclear plants.
The conference runs until Thursday with the theme "Sustainable Energy Investments for a Better Future," showing Zimbabwe's push toward renewable energy. They're also looking into gas projects from Muzarabani reserves to help cut greenhouse gases. Energy Ministry official Dr. Gloria Magombo...
VP Mohadi wants drug makers to help fix Zimbabwe's health system. He visited ZimPharm yesterday at the Belmont Industrial Area and called for more support. Local companies need help growing since Zimbabwe buys 70 percent of its medicines from foreign countries. These imports come mainly from India, China, and South Africa, which creates problems when global supply chains break down.
The Vice President praised ZimPharm for staying open despite its limited space. Their old machines need replacing, and they struggle with foreign money shortages. According to national health plans running through 2025, government plans include making Zimbabwe less dependent on outside medicines. Officials want local factories producing essential drugs...
The President gave back 480 hectares near the airport to PPC Zimbabwe yesterday. This Arlington property belonged to Portland Holdings before the government took it for airport expansion plans in 2010. PPC's legal head, Tawanda Chiurayi, expressed thanks after receiving title deeds at State House. The company had asked for their land back.
Government officials previously claimed the area was meant for a second runway based on plans from 1976. But after PPC showed how much they planned to invest there, authorities agreed to return it. This action shows that the current leadership wants private businesses to grow as part of national development goals. The move helps Zimbabwe achieve its aim of becoming richer through better industry...
Locals agree that Zimbabwe has made big strides in giving people economic power as the country reaches its 45th birthday next Friday. Regular citizens grabbed chances to join mining, farming, transport, and retail businesses after the government created these opportunities. Mining and agriculture became key areas where native Zimbabweans created wealth for themselves through special government policies.
Gold deliveries hit record levels, with small miners bringing 65 percent of the total 36.5 tonnes last year. Small-scale mining became legal, which helped ordinary people sell their gold properly through official channels. The mining sector employs ten times more workers in small operations than large companies do. Young miners can...
