Victor Adetimilehin

Tongaat Hullets, a leading Zimbabwean agri-processing company, is facing financial difficulties after blaming the country’s recent fiscal measures for a decline in profits. The company claims government policies, including suspended import duties on sugar and increased corporate taxes, have significantly impacted its business operations. Despite reporting a net monetary gain, this figure is attributed to inflation adjustments and masks an underlying operating loss. Tongaat Hullets is committed to navigating these challenges but acknowledges the complex economic environment in Zimbabwe.

Zimbabwean shoppers find relief as essential goods remain affordable despite the introduction of the ZiG currency. Government measures and growing confidence in ZiG contribute to price stability.

A prominent industrial design consultant is urging Zimbabweans living in the UK to embrace solar architecture for their properties back home. Solar-integrated buildings offer a sustainable and energy-efficient solution, particularly for those managing projects remotely. The Zim Diaspora Property Showcase provides an opportunity to learn more about these innovative designs and invest in a greener future for Zimbabwe.

Opposition supporters attending a memorial for slain CCC activist Mboneni Ncube were arrested, with the CCC accusing the government of panic amid rising tensions.

Aiteo, a Nigerian oil company, terminated contracts of security firms. The termination is due to accusations of theft, fraud, and criminal activity. These activities resulted in financial losses and operational disruptions for Aiteo.

ZEC and government officials are entangled in a $40 million procurement scandal, sparking calls for thorough investigations into the allegations.

Harare City Parking is under investigation for potentially shortchanging the city council by remitting local currency instead of US dollars collected from motorists. A Commission of Inquiry is investigating the apparent discrepancy in remittance practices.

A Harare magistrate’s decision to deny bail to CCC leader Jameson Timba and 78 activists for unlawful gathering charges sparked chaos outside the courthouse. The defense condemned the decision, while the ruling highlights ongoing political tensions in Zimbabwe.

Zimbabwe ditches its inflation-prone currency for a new gold-backed one, the ZWG, which receives ISO certification for international recognition.

Zimbabwe’s national statistics agency, Zimstat, is embroiled in controversy surrounding compensation for its ongoing 2025 Economic Census. Enumerators, the fieldworkers tasked with…