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The family of Wicknell Chivayo has confirmed the businessman’s death in a helicopter crash near Marondera earlier today. His brother, Herbert Chivayo, told ZBC tonight that Chivayo was killed alongside his wife, Lucy Muteke. Authorities say there were 4 others on the helicopter
newZWire86,417 просмотров • 12 дней назад

Transport Minister Felix Mhona this morning at the site of the helicopter crash that killed Wicknell Chivayo, his wife Lucy, and four others. Also assessing the crash were Minister of State for Mash East Itayi Ndudzo and CAAZ Director George Mashababe. 📷 Vhayeya/247
newZWire76,073 просмотров • 12 дней назад

ℹ️ Migration myths don’t add up, says Standard Bank CEO Sim Tshabalala says migrants don’t steal jobs or push down wages. They create demand, which creates employment. Speaking at a Kgalema Motlanthe Foundation seminar on migration, the Standard Bank CEO says his bank operates in 20 African countries. It earned R49 billion last year, with about 40% of that coming from outside SA. [🎥SABC]
newZWire304,616 просмотров • 2 месяцев назад

Econet Founder Strive Masiyiwa and Google Senior VP James Manyika accompany SA president Cyril Ramaphosa 🇿🇦 at the start of the 2026 Google Cloud Summit in Johannesburg earlier today. The Summit brings together industry and policymakers to discuss Cloud Computing and AI.
newZWire236,707 просмотров • 3 месяцев назад

Kariba disaster: Local Govt Minister Daniel Garwe says the accident was a result of the boat captain ignoring warnings not to sail. He insists the boat was fit, and there will be an inquest. It is Zimbabwe’s worst ever transport disaster, with 93 dead so far and more missing.
newZWire75,661 просмотров • 1 месяц назад

📍Tutsville Estate, a new estate in Glen Lorne, Harare Zimbabwe’s love affair with luxury cluster homes is growing. Mashonaland Holdings says demand for such properties “remains positive”, but affordability and limited mortgage financing are slowing the pace of deals. In 2025, demand for cluster units jumped 30%, while searches for gated communities rose by around 23%, says Property Book. Who’s driving this demand? Property Book points to “young professionals” aged 28-40, retirees downsizing from standalone homes, and the diaspora. At this new Tutsville complex, rentals for 5-bed homes is US$3,600/month, according to a listing by Seeff Properties. But while luxury clusters are increasingly visible on the property landscape, realtor Knight Frank says most of Zimbabwe’s unmet housing demand is “in the low- and middle-income segments”. 📷 Seeff Properties
newZWire37,975 просмотров • 28 дней назад

“As a corporate, why would you want to withdraw US$5,000 in cash…” Finance Minister Mthuli Ncube and Treasury Permanent Secretary George Guvamatanga defend their new levy on cash withdrawals, despite criticism that it raises costs and undermines efforts to formalise the economy
newZWire276,282 просмотров • 10 месяцев назад

🔔PROFILE FRIDAY: This business started on a small veranda, making 8kg per day. Today, after installing new equipment, it has expanded capacity to 1,500kg per hour, over 30 tons per day. The company makes 25 products, with 16 on the way! Meet lesly of Glytime
newZWire306,555 просмотров • 11 месяцев назад

Are some foreign investors still overstating the risks of investing in Zimbabwe? Two investors that have recently raised capital for large-scale mining projects here think so. At an investor presentation in New York this week, Caledonia Mining’s VP for Corporate Development Maurice Mason says: “This (risk perception in Zim) is one we think has been overdone and mispriced”. Earlier this year, Caledonia raised $150m through a bond for its Bilboes project, attracting more than $600m in bids, including strong demand from US institutional investors. Tharisa is making a similar case. Read more on their take here ➡️
newZWire23,898 просмотров • 25 дней назад

Skills crisis: Zimbabwe has only one forensic pathologist, and has had to bring in three from Cuba. Health Minister Douglas Mombeshora said this in response to MP Lynette Karenyi-Kore, who asked why such services are only offered in Harare. Mombeshora says govt plans to train more forensic pathologists, which takes 4 years, and pay specialists better.
newZWire249,854 просмотров • 1 год назад

🎥 “Not what I expected. There’s a mile-wide perception gap between what people think of Zimbabwe, and what it’s really like….” Matt Carroll, the new Senior Economics Officer at the US Embassy, made the remarks at Zimbabwe Investment and Development Agency’s investor feedback forum on Wednesday. How to fix it? Create the conditions that allow local businesses to thrive, showing the country’s potential to foreign investors. “It happens organically; success leads to success.”
newZWire19,065 просмотров • 26 дней назад

📍🇿🇲 Former Zambian VP Nevers Mumba, who has led election observer missions, has defended the electoral commission’s decision on Friday to temporarily suspend vote counting and results announcements. The suspension was lifted late Friday. Mumba says the move was not an attempt to rig the election, and criticised opposition candidate Brian Mundubile for declaring himself the winner. SADC and AU observers have been generally positive on the poll in their preliminary reports. However, SADC says Friday’s vote count/results suspension caused “uncertainty and anxiety”, while the AU mission says it “contributed to increased mistrust, political tension, and incidents of violence”. Mumba, who leads his own party, backed President Hakainde Hichilema in the election, saying his handling of the economy has been “nothing less than a miracle.” Early results show Hichilema with a commanding lead.
newZWire36,941 просмотров • 1 месяц назад

📍 How Zimbabwean migration to South Africa has changed over the past 30 years. South Africa’s Statistician-General, Risenga Maluleke, has outlined how the Zimbabwean population in South Africa has trended over the past 30 years: 📌 1996: Around 80,000 Zimbabweans live in SA, 10% of the country’s foreign-born population, the fourth-largest foreign national group. 📌 2001: As Zimbabwe’s economy falls, the number doubles to 161,000 (16.1% of foreign nationals), second only to Mozambicans. 📌 2010: Zimbabweans are the largest foreign national group, numbering 818,900 (43.1% of all foreign nationals). 📌 Latest 2022 Census: SA counts a total 2.4 million foreign nationals, including undocumented migrants. Nearly half (48.5%) are Zimbabweans, about 1.16 million people.
newZWire61,326 просмотров • 3 месяцев назад

“If I was your board, I’d fire you..” Last week, OK Zim said the skewed exchange rate gives informal traders an edge while killing supermarkets. Today, at a meeting with business, Treasury Secretary George Guvamatanga reacts: Supermarkets should innovate [🎥 Herald]
newZWire376,268 просмотров • 3 лет назад

Work kicking off at Bulawayo’s Fairgrounds, a new shopping complex being developed by Terrace Africa for the Tigere Property Fund. It’s due to be completed in 2027. Tigere is a ZSE-listed real estate investment trust (REIT) that currently holds Highland Park, Chinamano Corner, Greenfields and Zimre Park Drive-Thru. Four more properties are being added to the Tigere portfolio this year, including Cardinals Corner and the Design Quarter at the Highland Park Precinct. Tigere is targeting rapid growth in net asset value (NAV), the total value of a property portfolio after taking out liabilities. Tigere wants to grow NAV from US$60 million last year to US$100 million this year, and US$200 million by end of 2028. [🎥 Mandebvu Contracting]
newZWire59,102 просмотров • 4 месяцев назад

“We don’t have a problem of entrepreneurship in Africa. Our kids leave school knowing if you don’t start something, you’re not going to be employed….” At the #WEF2025, Econet Group founder Strive Masiyiwa calls for better funding ecosystems for emerging African entrepreneurs. “You do not fund startups with debt. You provide equity capital, venture capital…”
newZWire217,066 просмотров • 1 год назад

Ecobank Zim today officially commissioned their new Borrowdale, Harare HQ. Where does Ecobank Zimbabwe Limited rank in the Ecobank Group? The Zim operation’s revenue grew from US$28M in 2015 to US$137M last year. Ecobank group CEO Jeremy Awori says this makes Ecobank Zimbabwe “the number one market in the Central, Eastern and Southern African region on many metrics, placing it among the top 5 markets across the entire Ecobank group”
newZWire15,986 просмотров • 29 дней назад