Business

Zim records US$30m trade deficit

THE Zimbabwe National Statistics Agency (Zimstat) says the country recorded a goods trade deficit of US$30,8 million in September 2025. In its recent external trade report, Zim­stat said imports slightly rose while exports declined. “Zimbabwe recorded a goods trade deficit of US$30,8 million in September 2025, mark­ing a 548,8 percent decline from the August 2025…

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Harare-Istanbul direct flights expected by 2026

ZIMBABWE and Turkey are finalising negotia­tions for the resumption of direct flights between Harare and Istanbul by 2026, a move expected to boost trade, tourism, and investment between the two nations. Speaking at the Turkish National Day celebrations in Harare this week, Foreign Affairs ministry permanent secretary Albert Chimbindi said discussions between civil aviation authorities…

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Tourism investment creates jobs in Vic Falls

THE government reports that the country’s tourism industry is on the rise, generating new employment opportunities through increasing investments in Victoria Falls. This follows the government’s commissioning of a state-of-the-art US$2 million helipad in Victoria Falls on Wednesday, built by Zambezi Helicopters. Speaking on the sidelines of the event, the minister of Tourism and Hospitality,…

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AirZim adds third weekly flight

AIR Zimbabwe has announced an increase in flight frequency between Harare and Dar es Salaam, adding a third weekly service to meet rising passenger demand ahead of the festive season.  The national carrier is currently operating flights to Tanzania’s commercial capital every Tuesday and Saturday.  The national carrier’s public relations officer, Portia Sigauke, confirmed the…

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HCC slashes fees to spur business

IN A bid to stimulate small business growth and formal­ise the city’s enterprise sector, the Harare City Council (HCC) has slashed shop licence fees by 50 percent in its proposed US$690,8 million 2026 budget. The budget represents a sig­nificant 19 percent increase over last year’s allocation of US$548,2 million. Presenting the budget yesterday, Finance committee…

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NetOne, ZimSmart launch telemedicine booth

IN a significant move to combat drug and substance abuse, a new telemedi­cine booth has been unveiled in Bu­lilima, Matabeleland South Province, establishing a digital frontline in the community’s healthcare and social well-being. The recent launch, attended by over 1 000 people, positioned the facility as a critical tool for interven­tion, counselling, and support, di­rectly…

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Telecel placed under corporate rescue

THE country’s third largest mobile network provider, Telecel Zimbabwe, has been placed under voluntary corporate rescue, a form of business rehabilitation, following a resolution by its board of directors. Telecel, with over 1,75 million active sub­scribers, announced the move in a formal notice to its stakeholders on Monday. “The resolution was passed on October 22,…

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OM upgrades Harare hospital call rooms

OLD Mutual Zimbabwe on Monday officially handed over five newly-furnished call rooms at Harare Chil­dren’s Hospital. This initiative aimed to provide a more comfortable and supportive environment for doctors and health workers dedicated to caring for children in the hospi­tal’s seven wards and 240 beds. The donation was a result of a strategic collabo­ration that…

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Wheat harvest sets new record

ZIMBABWE has recorded another bumper winter wheat harvest, with production rising to 578 059 metric tonnes this year, up from 562 091 metric tonnes in 2024. Agriculture minister Anxious Masuka confirmed the development yesterday, noting Zimbabwe is one of two countries in the region to achieve wheat self-sufficiency. “Zimbabwe is poised to register another record…

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‘Cotton revival demands biometric control’

THE government announced a sweep­ing new biometric farmer registration system aiming to eliminate rampant side-selling and enforce strict quality-based pricing. This intervention is an attempt to re­verse a catastrophic 95 percent collapse in cotton production. Speaking during the celebrations of World Cotton Day on Thursday, permanent secretary in the ministry of Agriculture, Obert Jiri, called…

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