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Informing Business, Inspiring Success


VP Chiwenga Warns Against Raw Lithium Exports, Urges Rural Industrialisation
HARARE – Zimbabwe risks being judged harshly by future generations if it fails to industrialise its rural communities and retain value from its mineral wealth, Vice President Constantino Chiwenga has warned.

Southerton Business Times
Mar 63 min read


RBZ Urges Zimbabweans to Embrace ZiG Currency
HARARE – A senior official at the Reserve Bank of Zimbabwe (RBZ) has urged citizens to change their perceptions of the country’s local currency, the Zimbabwe Gold (ZiG), saying public confidence is critical for the nation’s long-term goal of achieving a mono-currency economy.

Southerton Business Times
Mar 63 min read


Police Suspect Inside Job in US$70,000 Mukuru Robbery in Bulawayo
BULAWAYO – The Zimbabwe Republic Police (ZRP) has launched an intensive investigation into a daring armed robbery at a Mukuru money transfer outlet in Bulawayo, with preliminary findings suggesting the operation may have involved insider assistance.

Southerton Business Times
Mar 62 min read


Fuel Prices Spike as Government Claims Three-Month Reserve Amid Middle East Conflict
Fuel infrastructure at the port of Beira, a key supply route for Zimbabwe's energy needs.

Southerton Business Times
Mar 62 min read


Zimbabwe Tobacco Farmers Threaten to Withdraw Crop Over Low Auction Prices
Tobacco farmers in Zimbabwe have threatened to withdraw their crops from auction floors after prices reportedly plunged on the opening day of the 2026 marketing season. The 2026 tobacco marketing season officially began on Wednesday, 4 March, with the first bale selling for US$4.60 per kilogramme, slightly lower than the US$4.65 recorded at the start of last year’s auction.

Southerton Business Times
Mar 62 min read


Too Good to Be True: Why Harare Keeps Falling for Investment Schemes
Harare is a city that wants acceleration. Every week, someone is multiplying money. Every month, someone is unveiling the “next Dubai.” Every day, someone is promising extraordinary returns guaranteed. And almost every day, someone is quietly absorbing a loss.

Southerton Business Times
Mar 63 min read


Zimbabwe Gazettes New ZiG Banknotes Ahead of April 2026 Rollout
Zimbabwe’s Minister of Finance, Economic Development, and Investment Promotion, Mthuli Ncube, has gazetted a new family of ZiG banknotes following their unveiling during the 2026 Monetary Policy Statement. The new notes were first presented last week by John Mushayavanhu, Governor of the Reserve Bank of Zimbabwe (RBZ).

Southerton Business Times
Mar 52 min read


ZERA Increases Fuel Prices as Diesel Hits US$1.77 and Petrol US$1.71
The Zimbabwe Energy Regulatory Authority (ZERA) has increased fuel prices with effect from 4 March 2026, citing rising international oil costs. In a notice issued late Wednesday, the regulator said the new prices take immediate effect and will remain valid for the next two weeks, in line with Zimbabwe’s fuel pricing cycle.

Southerton Business Times
Mar 52 min read


Motorist killed in Bulawayo after truck carrying 4,000 chickens collides
BULAWAYO — A motorist was killed early on Saturday morning after a truck transporting thousands of live chickens collided with his Toyota Passo at a busy intersection in Northend, police and emergency services said. The crash occurred at about 5:40 AM at the junction of Robert Mugabe Way and Heathfield Road. Witnesses described a severe impact that left the smaller vehicle extensively damaged. The driver of the Toyota Passo was pronounced dead at the scene.

Southerton Business Times
Mar 21 min read


RBZ orders mobile operators to verify accounts, tightens nano‑loan rules
HARARE — The Reserve Bank of Zimbabwe (RBZ) has set a June 2026 deadline for mobile network operators to cleanse their customer databases of unverified accounts and tightened rules governing mobile‑issued nano‑loans, Governor John Mushayavanhu announced.

Southerton Business Times
Mar 22 min read


Zimbabwe Issues 1.8 Million E-Passports
Dr. Gumbo described the transition as a key milestone in safeguarding national integrity, noting that the previous passport system had vulnerabilities that could be exploited. Processing times have also improved significantly. Applications now take approximately seven working days, a sharp drop from waiting periods that previously stretched to as long as six months.

Southerton Business Times
Mar 22 min read


ZACC arrests director over alleged grocery smuggling at Plumtree
HARARE — The Zimbabwe Anti‑Corruption Commission (ZACC) has arrested Prosper Isaka, director of Profutunny Investments (Pvt) Ltd, over allegations that he smuggled grocery consignments into Zimbabwe by misrepresenting them as agricultural equipment at Plumtree Border Post, ZACC said.

Southerton Business Times
Mar 22 min read


The Giraffe Theory: High-Level Business Insights and Strategic Foresight
The giraffe uses its tallness to spot danger from afar. The giraffe is also a browser. It feeds on leafy stuff far from the madding crowds of grazers. The giraffe stays in the forest with other animals, but when day breaks, the sun shines and kisses the forehead of the giraffe before it does to other animals.

Southerton Business Times
Mar 13 min read


Zimbabwe Tobacco Auction Floors to Open 4 March as TIMB Confirms Full Farmer Payments
Zimbabwe’s tobacco auction floors will officially open to buyers on 4 March 2026, with authorities confirming that all farmers have been paid for last season’s deliveries. The announcement was made by Emmanuel Matsvaire, chief executive officer of the Tobacco Industry and Marketing Board (TIMB), while giving oral evidence before the Parliamentary Portfolio Committee on Lands and Agriculture.

Southerton Business Times
Mar 12 min read


UK and EU Buyers to Tour Zimbabwean Horticulture Businesses in Export Drive
Harare – Eight buyers from the United Kingdom and European Union are set to visit 11 Zimbabwean farm and food businesses from 2–7 March 2026 as part of a trade mission aimed at boosting horticulture exports.

Southerton Business Times
Feb 282 min read


Mashaile urges regional crackdown after Hawks issue warrant for Chivayo
HARARE — Retired Interpol ambassador and security strategist Andy Mashaile has called for coordinated regional law‑enforcement action following the issuance of an arrest warrant by South Africa’s Directorate for Priority Crime Investigation (the Hawks) for high‑profile Zimbabwean socialite Joachim Chivayo (also known as G6).

Southerton Business Times
Feb 283 min read


NetOne Revises Off-Peak Data Hours, Launches Tourist SIM for Visitors
Zimbabwe’s second-largest mobile network operator, NetOne, has revised its off-peak data hours and introduced a new Tourist SIM package aimed at improving connectivity for visitors entering the country.

Southerton Business Times
Feb 282 min read


Vimbai Chikwenhere confirmed as Auditor‑General
HARARE — Finance Minister Mthuli Ncube has confirmed the appointment of Vimbai Chikwenhere as Auditor‑General, following her nomination by President Emmerson Mnangagwa and endorsement by the Public Accounts Committee.

Southerton Business Times
Feb 282 min read


RBZ Caps Bank Charges, Raises Mobile Money Limits
The Reserve Bank of Zimbabwe (RBZ) has announced major changes to bank charges, placing limits on withdrawal and swipe fees and removing some charges altogether. The move is meant to make banking more affordable and encourage people to use formal financial services.

Southerton Business Times
Feb 282 min read


RBZ keeps tight policy, adjusts gold payments, and ZiG rollout
HARARE — Reserve Bank of Zimbabwe Governor John Mushayavanhu delivered the 2026 Monetary Policy Statement on 27 February 2026, announcing changes affecting exporters, small‑scale gold miners, the ZiG currency framework, and the central bank’s monetary stance.

Southerton Business Times
Feb 283 min read
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