By A Correspondent- Masvingo businesspeople have poured cold water on claims by Finance, Economic Development and Investment Promotion Minister Mthuli Ncube that Zimbabwe’s economy is firmly on a growth trajectory, saying the figures being presented by government do not match the harsh conditions facing businesses and ordinary citizens. Speaking at…
RBZ Doubles Down on Pain: 30% Rate Held as ZiG Hype Masks Structural Failures
Tinotenda Hove- The Reserve Bank of Zimbabwe on Thursday clung to its tight monetary policy, keeping the bank policy rate at 30 percent and exporter retention at 70 percent, even as businesses and households continue to buckle under high borrowing costs and a liquidity crunch. In its Mid-Term Monetary Policy…
Kariba-born Sculptor Ronika Tandi Returns Home for Masaisai 9th Anniversary Meet-and-Greet
KARIBA – Kariba-born sculptor Ronika Tandi, currently based in Germany, will return to Zimbabwe this Saturday, 8 August 2026, to host a community engagement marking the ninth anniversary of her landmark stone sculpture, Masaisai, also known as the Kariba Wave. The "Meet the Artiste" event, scheduled for Heroes Day at…
Diaspora Keeps Zimbabwe Afloat As Remittances Soar Amid Economic Hardships
Tinotenda Hove- Zimbabweans living abroad sent home an impressive US$1.55 billion during the first six months of 2026, underscoring the growing dependence of many families on relatives outside the country as persistent economic challenges continue to push citizens to seek opportunities beyond the country's borders. According to the Zimbabwe Economic…
From Campus to Commerce: Zimbabwe’s VCs, Government Unite to Co-create Innovation Solutions
Harare– The Public Service Commission (PSC), in partnership with the Ministry of Higher and Tertiary Education, Innovation, Science and Technology Development (MHTEISTD), will host the inaugural Vice Chancellors' Roundtable on Friday, 7 August 2026, at Manna Resorts in Harare, to address critical skills gaps and strengthen collaboration between academia, government,…
Zim records 84 percent increase in GNI
Staff Writer- Zimbabwe has recorded an 84 percent increase in gross national income (GNI) per capita since the implementation of the National Development Strategy 1 (NDS1). Presenting the 2027 Mid-Term Budget Review last Thursday ,the Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube, said Zimbabwe remains firmly…
Zimbabwe’s Economic Stability wins Global Acclaim as Nation Marches Towards Vision 2030
Harare – Zimbabwe’s Second Republic is cementing its legacy of macroeconomic transformation, with the country recording its first sustained single-digit inflation in over three decades while securing landmark diplomatic victories that signal its return to the global stage. Presenting the 2026 Mid-Term Budget and Economic Review to Parliament on Thursday,…
Cumanzala Calls for Structured Action to Unlock Binga’s Tourism Potential
Binga – Binga South legislator, Fanuel Cumanzala has welcomed the Government's recognition of Binga's tourism potential but says the time has come to translate policy statements into tangible investments that transform the lives of communities along the Zambezi Valley. Speaking in an interview after the Minister of Environment, Climate and…
Mthuli Ncube Budget Review Faces Mounting Pressure as Businesses Demand Answers on Taxes, Growth and Economic Stability
Tinotenda Hove- As Finance, Economic Development and Investment Promotion Minister Professor Mthuli Ncube prepares to present the 2026 Mid-Term Budget Review on Thursday, pressure is mounting on Treasury to address persistent economic concerns that businesses say continue to weigh heavily on investment, production and long-term growth. The mid-year fiscal statement…
Zim’s Manufacturing, Export Capacity Soars as Industrialisation Agenda Gathers Momentum
Harare – Zimbabwe’s manufacturing sector has recorded significant growth, with capacity utilisation surging to 61.2 percent in the first quarter of 2026, up from 36.4 percent in 2019, Industry and Commerce Minister Mangaliso Ndlovu has said. Delivering his address at the inaugural Zimbabwe Industrialisation Conference and Expo (ZICE) 2026 in…

