October 24, 2026
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Newsreel Zimbabwe

Reliable Real-time News for Real People

Category: Business

Zimbabwe Moves to Enact Construction Contractors Act to Regulate the Construction Industry

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By Brenda Mazhambe Zimbabwe is moving closer to enacting the long-awaited Construction Contractors Act, a law designed to overhaul regulation of the country’s construction sector through the establishment of the Construction Contractors Authority. The push for the legislation comes amid a building boom, with large-scale housing projects and infrastructure development taking place across cities, peri-urban…

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AMA Tells Success Story at AGM, Cites Innovation and Resilience Amid Drought

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Story By Dickson BanderaInterviews & Images By Kennedy Madzianike The Agricultural Marketing Authority (AMA)on Thursday told a compelling story of resilience, innovation, and sound governance at its Annual General Meeting (AGM) held in Harare, declaring that it had delivered on its mandate despite the crippling effects of the 2023/24 El Niño-induced drought. In a year…

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Stakeholders Convene to Shape Zimbabwe’s Second Industrial Policy

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By Khadija R. Salimini Industry and commerce players convened in Bulawayo yesterday for a high-level consultative workshop aimed at shaping the Zimbabwe National Industrial Development Policy II (ZNIDP 2), a strategic blueprint set to guide the country’s industrialisation agenda from 2026 to 2030. The meeting, which brought together representatives from Matabeleland South and Bulawayo, was…

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It Was 600k ZiG, Not 600k USD, Rural Electrification Fund Clarifies Eat n Lick Tender

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By Washington Chikombingo The Rural Electrification Fund (REF) has moved to set the record straight following widespread social media claims that local catering company Eat n Lick was awarded a tender worth USD600,000. In a press statement issued this Friday, the REF dismissed the claims as false, misleading, and damaging to the Fund’s reputation, clarifying…

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Beware of Fake Loans and Grants Online, Government Warns Citizens

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By Dickson Bandera Criminals are cashing in on desperate citizens by advertising fake loans and grants online, often posing as government officials on social media platforms. Unsuspecting people who respond to these adverts are tricked into paying so-called “administration fees” — only for the scammers to vanish without a trace once they collect the money….

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Government Begins Work To Slash Business Fees in 12 Sectors, Move to Boost Investment

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By Dickson Bandera Businesses across various sectors are set to benefit from sweeping reforms aimed at reducing the burden of excessive levies, licences, fees, and permits that have long hindered the ease of doing business in Zimbabwe. While the country has opened up space for entrepreneurship through legal frameworks such as the Indigenisation and Economic…

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Zimbabwe Agricultural Show Returns With New Additives

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By Julius Idrissa Manganda Zimbabwe’s flagship agricultural event returns to Harare this August, bigger in scope and ambition as it marks two major milestones — the 115th Zimbabwe Agricultural Show and the 130th anniversary of the Zimbabwe Agricultural Society (ZAS). Taking place from August 26th to 30th under the theme “Building Bridges: Connecting Agriculture, Industry,…

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Botswana-Based Zimbabwean Businessman Tatenda Vimbe Honoured at Prestigious African Business Leadership Awards in London

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The trailblazer: Mr Tatenda Vimbe By Dickson Bandera LONDON, 9 July 2025 — Botswana-based Zimbabwean businessman Mr Tatenda Vimbe, Founder and Executive Chairman of Tatsand Mining Services, and Director & Group CEO of the Lucient Group with Subsidiaries Machinery Contractors and Lucient Engineering, was honoured on Wednesday night with the Special Commendation Award at the…

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