top of page

Informing Business, Inspiring Success


Zimbabwe Civil Servants Salary Increase 2026: Government Confirms Pay Adjustment from April
The Zimbabwe government has confirmed a civil servant's salary increase effective 1 April 2026, following a job evaluation exercise aimed at aligning pay with roles and responsibilities across the public sector. The announcement was made by Edgar Moyo during a media briefing in Bulawayo on Friday, signalling what authorities describe as a step toward improving worker welfare.

Southerton Business Times
1 day ago2 min read


Zimbabwe Bans Second-Hand Clothing Imports Under New Law, Mabhero Trade Tightened
The Zimbabwe government has formally banned the importation of second-hand clothing, commonly known as mabhero, under new regulations now carrying full legal force. The measures are contained in Statutory Instrument 59 of 2026, issued under the Control of Goods (Import and Export) (Commerce) (Amendment) Regulations, marking a shift from previous informal or verbal restrictions to enforceable law.

Southerton Business Times
1 day ago2 min read


Zimbabwe Economy Rebased to US$52.4 Billion, Now Second Largest in Southern Africa
The Zimbabwe economy has been officially rebased to an estimated US$52.4 billion for 2025, positioning it as the second-largest economy in Southern Africa after South Africa. The revised figures were released by the Zimbabwe National Statistics Agency (ZimStat) following a comprehensive economic census conducted in 2023, which captured previously underreported sectors, particularly the informal economy.

Southerton Business Times
1 day ago2 min read


Namibia Cuts Fuel Taxes by 50% as Prices Rise, Zimbabwe Motorists Feel the Squeeze
The Namibia government has slashed fuel levies by 50 percent for three months in a bid to shield consumers from rising global oil prices, even as pump prices are set to increase from 1 April 2026. The temporary Namibia fuel tax reduction 2026 measure, announced on 27 March, will run until the end of June, with authorities drawing from the National Energy Fund to cushion motorists and businesses.

Southerton Business Times
2 days ago2 min read


Zimbabwe Civil Servants New Salary Structure 2026: US$320 Component Confirmed
The National Joint Negotiating Council (NJNC) has announced a new civil servants salary structure in Zimbabwe for 2026, set to take effect on 1 April, in a move aimed at cushioning public sector workers against inflation and currency volatility. The NJNC, a collective bargaining platform between the Government of Zimbabwe and public sector unions, confirmed the development following a high-level meeting held on 26 March at Kaguvi Building in Harare.

Southerton Business Times
2 days ago2 min read


Government signals April salary increase for civil servants amid wage talks
HARARE – The Zimbabwean government says it is finalising plans to implement a long-awaited salary increase for civil servants starting in April, with negotiations expected to conclude within days.

Southerton Business Times
3 days ago2 min read


RBZ suspends 10% ZiG retention for small-scale gold miners after industry backlash
HARARE – The Reserve Bank of Zimbabwe (RBZ) has suspended its controversial 10% local currency retention requirement for small-scale gold miners, reverting to 100% US dollar payments following strong resistance from the sector. The policy reversal comes less than a month after the central bank introduced a 90:10 payment framework on February 27, requiring artisanal miners to receive a portion of their gold proceeds in Zimbabwe Gold (ZiG).

Southerton Business Times
4 days ago2 min read


Zimbabwe, India push to turn diplomatic ties into trade and investment gains
HARARE – Zimbabwe and India are stepping up efforts to transform long-standing diplomatic relations into tangible economic benefits, with officials and business leaders calling for increased trade, investment, and industrial cooperation.

Southerton Business Times
5 days ago2 min read


Zimbabwe fast-tracks Muzarabani oil and gas project to cut fuel imports
HARARE, ZIMBABWE – Zimbabwe is accelerating development of the Muzarabani oil and gas project as part of efforts to reduce reliance on imported fuel, stabilise local supply, and shield the economy from volatile global energy prices driven by Middle East tensions. The project, located in the Cabora Bassa Basin, is now the country’s most advanced hydrocarbon exploration initiative, according to government officials.

Southerton Business Times
Mar 222 min read


Zimbabwe bread prices surge to US$1.17 as fuel costs drive nationwide increases
HARARE, ZIMBABWE – The price of a standard loaf of bread in Zimbabwe has risen sharply, with a snap survey across major urban centres showing retail prices now ranging between US$1 and US$1.17, as rising fuel costs continue to push up production and distribution expenses.

Southerton Business Times
Mar 212 min read


Zimbabwe to Pay Local Suppliers Only in ZiG Under New Government Price List
Mthuli Ncube says the government will begin paying both current and new local suppliers exclusively in the domestic currency, ZiG, under a new procurement framework aimed at strengthening the use of the local unit. The measure forms part of a newly introduced National Standard Price List (NSPL) designed to guide procurement by government ministries, departments, and agencies. Announcing the policy, Ncube said the price list would establish reference prices for commonly procur

Southerton Business Times
Mar 172 min read


Zimbabwe Retail Property Sector Attracts Growing Interest from Global Brands
Zimbabwe’s retail property sector is experiencing rising interest from international brands seeking to enter or expand within the market, according to the fund manager of Tigere Real Estate Investment Trust. Speaking after the release of the company’s latest financial results, Tigere Property Fund director Brett Abrahamse said the firm is receiving frequent enquiries from global retailers looking for space in the country.

Southerton Business Times
Mar 162 min read


Zimbabwe’s Cosmetics Import Bill Tops US$140 Million
HARARE – Zimbabwe has spent more than US$140 million importing beauty, cosmetic and personal care products over the past five years, raising concerns within government about the growing pressure on the country’s foreign currency reserves.

Southerton Business Times
Mar 102 min read


Mining Boom Drives Demand for Explosives and Industrial Chemicals
Zimbabwe’s rapidly expanding mining sector is driving a surge in demand for explosives and industrial chemicals, highlighting both new economic opportunities and significant gaps in the country’s domestic manufacturing capacity.

Southerton Business Times
Mar 92 min read


Fuel Price Hike Pushes Up Kombi Fares Across Zimbabwe
Commuters across Zimbabwe are facing higher transport costs after the Zimbabwe Energy Regulatory Authority (ZERA) announced a significant increase in fuel prices on Wednesday.

Southerton Business Times
Mar 82 min read


Zimbabwe Tobacco Prices Stabilise After Early Auction Shock, Says TIMB
Harare — The Tobacco Industry and Marketing Board (TIMB) says tobacco prices in Zimbabwe are beginning to stabilise after an early-season shock that saw some bales selling for as little as US$0.35 per kilogram, despite the first bale fetching US$4.60 per kilogram at the start of the 2026 marketing season.

Southerton Business Times
Mar 72 min read


Bona Mugabe Appointed Deputy Chairperson of EmpowerBank Board
Bona Mugabe, the daughter of the late former Zimbabwean president Robert Mugabe, has been appointed deputy chairperson of the board of EmpowerBank following the constitution of a new seven-member board. The appointment was made by Youth Empowerment, Development and Vocational Training Minister Tino Machakaire as part of a restructuring of the state-backed financial institution aimed at strengthening youth empowerment initiatives.

Southerton Business Times
Mar 71 min read


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


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
bottom of page
