Business

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Government Slashes Business Licences & Fees

The Zimbabwean government has unveiled a sweeping review of business licences and regulatory fees aimed at reducing the cost of doing business and attracting more investment into the country. At a media briefing in Harare, Information, Publicity and Broadcasting Services Minister Jenfan Muswere said cabinet approved the overhaul of licences, …

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RBZ Sets 2030 Target for ZiG-Only Economy

The Reserve Bank of Zimbabwe (RBZ) has outlined a roadmap to phase out the multi-currency system by 2030, with the ZiG currency expected to become the sole legal tender for local transactions. In a statement, the central bank said Zimbabwe currently operates under a multi-currency regime where ZiG coexists with …

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ZERA Lowers ZiG Fuel Prices, USD Rates Unchanged

The Zimbabwe Energy Regulatory Authority (ZERA) has trimmed local currency fuel prices, with the latest review taking effect from 8 August until 4 September 2025. According to the regulator, diesel 50 will now retail at ZWG41.40 per litre, down from ZWG41.63, while blend (E20) has dropped from ZWG42.04 to ZWG41.68 …

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RBZ Projects Stable Outlook As Inflation Falls & Forex Inflows Rise

The Reserve Bank of Zimbabwe (RBZ) has delivered a cautiously upbeat assessment of the country’s economic performance, citing falling inflation, a firmer local currency, and rising foreign currency receipts as signs of improving fundamentals. The update was shared in the central bank’s Quarterly Economic Snapshot for Q2 2025, released Tuesday, …

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Zim To Benefit As Agilitee Closes 40k Scooters Deal In China

Online Reporter Agilitee, one of Africa’s pioneering electric vehicle (EV) manufacturers and green technology company, has finalised a significant deal with Guangzhou Thunder International Investment Co Ltd., a major Chinese conglomerate. This agreement, culminating from an ongoing visit by the company to China, promises to inject thousands of electric scooters …

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Accountants Should Contribute To Economic Growth: Kujinga

Online Reporter Acting Auditor General Mrs Rhea Kujinga, has called on newly qualified accountants to play a crucial role in boosting the nation’s economy. Speaking at the graduation and award-winning ceremony for the Association of Chartered Certified Accountants (ACCA) from Premier Business School (PBS) in Harare at the weekend, Mrs …

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Agilitee Appoints Sarah Thompson To Its Board

Online Reporter International electric vehicles company, Agilitee Limited, which has a footprint in Zimbabwe, has appointed top American executive Ms Sarah Thompson to its board. This comes as the company is currently restructuring its operations, after relocating its headquarters to the United States. In a statement on Friday, Agilitee chief …

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Consumer Watchdog Launches Campaign Against Cash-Only Transactions

The Consumer Protection Commission (CPC) has embarked on an enforcement campaign to crack down on businesses that refuse to accept Point-of-Sale (POS) transactions, making it mandatory for all businesses to allow swipe machine payments. The move is designed to protect consumers and ensure compliance with the country’s financial regulations. POS …

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