Sunday, 23 August 2026Independent links. Original reporting.

Nedbank Zimbabwe is here to stay

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CLOUDINE MATOLA Nedbank Zimbabwe has reaffirmed its long-term commitment to the country with the construction of a new head office in Harare, signalling confidence in Zimbabwe’s economic future. Speaking at the groundbreaking ceremony for the new headquarters at Highland Park in Harare yesterday, Nedbank Zimbabwe…

Zimbabwe and Russia: A new stage in a grand partnership

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As early as October, Moscow will become a center of gravity for the entire African continent. The Russia-Africa Summit, the main diplomatic event of the year, will bring together dozens of heads of state, business representatives, experts, and journalists. Among them is Zimbabwean President Emmerson Mnangagwa. The…

Balaclava gang makes off with $1 100

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Six masked men armed with pistols and iron bars raided a company in Bulawayo's Donnington industrial area, tying up two security guards before escaping with US$1 100 in cash.The daring robbery

Woman loses US$7 000 in gold claim scam

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A 34-year-old Mutare woman allegedly lost US$7 000 after she was duped into buying a 10-hectare gold claim that belonged to another company by a man who later fled to Mozambique.Police have arrested

Mines Ministry demands US$31m in arrears

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The Ministry of Mines and Mining Development is owed approximately US$31 million in outstanding mining title fees, with title holders being given until August 31 to settle their arrears or formally

RBZ rejects calls to cut 30% export surrender

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The Reserve Bank of Zimbabwe has rejected calls from exporters to reduce the contentious 30 percent export surrender requirement, insisting that the policy remains critical to maintaining price and

Mine seeks to relocate graves

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S. Grey 1 Mine in Mberengwa has approached district authorities seeking permission to exhume and relocate graves situated within its gold mining claim.In a letter dated July 29, 2026, addressed to

Treasury rejects tax crisis claims

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CLOUDINE MATOLA The Treasury has rejected claims of a tax compliance crisis in Zimbabwe, accusing blue-chip companies of using an aggressive campaign to turn disputes over legacy tax liabilities into a national controversy, Business Times can report. Finance, Economic Development and Investment Promotion permanent…

Cut lending rates

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LIVINGSTONE MARUFU Business leaders, banks and economists are pressing Reserve Bank of Zimbabwe (RBZ) governor Dr John Mushayavanhu to cut lending rates and ease monetary conditions, arguing that the next phase of economic policy must convert hard-won stability into investment, productivity and growth, Business Times…

VFEX market capitalisation surpasses US$7bn

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TARISAI MAKUNI On August 13, 2026, the Victoria Falls Stock Exchange (VFEX) revised its market capitalisation methodology for cross-listed issuers, triggering a near doubling of its reported market value to US$7.74bn. Under the revised methodology, the VFEX now calculates the market capitalisation of cross-listed…

Manufacturing exports struggle to break 10% of Zimbabwe’s export bill

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CLOUDINE MATOLA Zimbabwe’s manufacturing exports account for less than 10% of total exports, highlighting the country’s failure to translate its manufacturing capacity, entrepreneurial potential and trade agreements into meaningful export market penetration, the Confederation of Zimbabwe Industries (CZI) has said.…

Zimplow weighs potential acquisition

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STAFF WRITER On the back of its return to profitability, Zimplow Holdings is in discussions with various firms over a potential acquisition, Business Times can report. The transaction could mark another phase in the repositioning of the diversified industrial group, which has spent the past year restructuring its…

Innovate, trade and grow: Africa’s growth agenda in the boardroom

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RUMBIDZAI MASHAYAHANYA Intra-African trade is projected to reach US$230bn in 2026, up roughly 10% from the previous year, as the African Continental Free Trade Area (AfCFTA) moves from signing agreements to actual implementation. The Pan-African Payment and Settlement System is now operational and expected to reduce…

PSZ Opens Harare CBD Clinic to Expand Access to Sexual and Primary Healthcare

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By Michael Gwarisa Population Services Zimbabwe (PSZ) has opened a new clinic in Harare’s Central Business District, expanding access to sexual and reproductive health, primary healthcare and non-communicable disease services for people who live and work in the city centre. The clinic, located at Eastgate Mall, will…