HARARE - The Zimbabwean government is under increasing pressure to address the mounting challenges faced by businesses, particularly concerning the high cost of doing business exacerbated by a complex regulatory environment.
HARARE - The Ministry of Lands, Agriculture, Fisheries, Water and Rural Resettlement has announced that five banks are now operating within its one-stop center to provide mortgage facilities to farmers who have received new title deeds under the ongoing land tenure program.
HARARE - Zimbabwe's more than US$430 million crippling debt to Hwange Electricity Supply Company (HESCO) has thrown the country's power sector into chaos, with poor debt servicing threatening to destabilise the nation's energy supply and hinder economic growth.
HARARE - The Zimbabwean government is facing significant challenges in settling outstanding payments to infrastructure contractors, which have ballooned to an estimated US$1.2 billion.
In a bid to safeguard the rights and livelihoods of thousands of street vendors, a motion has been tabled in Parliament seeking to enact protective legislation.
The cash-strapped Zimbabwean government has failed to disburse US$10.5 million allocated to Members of Parliament (MPs) under the Constituency Development Fund (CDF).
The 2025 National Budget, presented under the theme "Building Resilience for Sustained Economic Transformation," has been met with criticism from opposition leaders who argue that it prioritises defense spending over critical sectors like agriculture, health, and education.
A parliamentary storm is brewing in Zimbabwe as ministers are accused of prioritizing President Emmerson Mnangagwa's events over their legislative duties, sparking calls for the President to be summoned to Parliament to answer questions.
A sudden power outage plunged Zimbabwe's Parliament into darkness on Thursday afternoon, prompting President Emmerson Mnangagwa's security detail to swiftly escort him out of the building in a state of panic.
Former Finance Minister Tendai Biti has strongly criticized Finance Minister Mthuli Ncube's 2024 Budget Statement, labelling it as a "shallow, hollow, narcissistic, dishonest anti-people ritual."
