By October 2022, it had plunged to about US$2,92 billion. The plunge represented a US$9,27 billion wipe-out in less than a year, driven by policy shocks and exchange rate turmoil.
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Inside the oil regime ‘wiping out US$4,3m every 30 days’
But while the interventions were designed to cushion industries from runaway energy costs, AEDS said the measures also exposed Treasury to significant write-downs.
By Freeman Makopa
May. 29, 2026
Tycoon haunts RBZ over closed Interfin bank — a decade on
Local News
By Mthandazo Nyoni | May. 22, 2026
JAC T6 single cab: Practical partner for serious business
For farmers, it provides the durability needed to handle daily agricultural tasks, from transporting supplies to navigating rough terrain.
By Andrew Muzamhindo
May. 29, 2026
State diamond miner appoints new CEO
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May. 29, 2026
Over-use of antibiotics can result in drug resistant bacteria
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Apr. 14, 2023
Rest, good sleep contribute to better health, happiness
By Admin
Feb. 17, 2023
NMB sheds over US$10m in legacy blocked funds liability
By Tatira Zwinoira
May. 29, 2026
Grand plan to fortify pulse of Zim’s industrial growth
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May. 29, 2026
Hope for lifting ban on OM, PPC chips
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Aug. 26, 2022
Without planes, AirZim board won’t perform wonders
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Aug. 5, 2022
Power crisis needs urgent attention
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Jul. 29, 2022
Don’t print cash for projects
By The Independent
Jul. 22, 2022
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Jul. 30, 2025
Public urged to verify online deals through ScamAlert.Africa
Online scams continue to rise across Zimbabwe and the African continent
By Jacob Mutisi
Oct. 24, 2025
Zimbabwe’s ICT talent set to buoy economic boom
EVERY year, Zimbabwe’s education system produces over 20 000 ICT graduates, a remarkable achievement for a developing nation.
By Jacob Mutisi
Oct. 17, 2025
AI’s ChatGPT Pulse: A quiet erosion of privacy
By Evans Sagomba
Oct. 3, 2025
Best Game Aggregators: Key Features for iGaming Success
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Exploring the vibrant world of sports betting in Ethiopia
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Mar. 11, 2024
Satewave churns out power solutions for Zim
Satewave Technologies director Xiao Feng said the company has several solar solutions to address the current power challenges.
By Staff Writer
Aug. 15, 2023
Liquid Tech to increase tariffs by 50%
It will be the second increase this year.
By Staff Writer
Mar. 31, 2023
Zim targets Pairs Golf World Finals
Rwodzi made the call during the launch of the 2026 edition of the tournament at the Sterling Hub in Harare last week.
By Munyaradzi Madzokere
May. 29, 2026
Vic Falls Safari Collection unveils new all-inclusive boutique retreat
By Staff Writer
May. 22, 2026
Sofar Sounds turns hotel garden into music haven
By Staff Writer
May. 2, 2026
Creative DNA project shores up Zim’s fashion comeback
By Khumbulani Muleya
Apr. 17, 2026
Harare DJ redefines city party scene with daytime concept
“We saw that most events were centred around nightlife, late starts, heavy energy, and a specific crowd,” Rawse explained in an exclusive interview with IndependentXtra.
By Khumbulani Muleya
Apr. 10, 2026
Pantry essentials for every Zim home
By Ruwarashe Muzamhindo
Apr. 2, 2026
Winky D, pop and politics of civic space
By Tracy Mutowekuziva
Mar. 27, 2026
Herbicides: Bad news for local food security
By The Independent
May. 27, 2022
Dumpsite: Gweru feels the heat
By The Independent
May. 13, 2022
Zim to pay 100% of international hunting revenue to communities
By The Independent
Jun. 10, 2022
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Videos
Political violence worry Human Rights Commission
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ED Bill nonsensical says Madhuku as he pushes back against ZRP
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Fire ravages Mbare’s Magaba SME hub
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Feb. 13, 2026
Mnangagwa’s broken promise
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Feb. 11, 2026
Mbare residents angry over council lies
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Zimbabwe VS Scotland U19 opener
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Jan. 15, 2026
Zimplow bets on agriculture for FY26, as turnaround kicks into gear
In its financial year ended December 31, 2025, Zimplow reported a loss of US$489 704 compared to the prior year’s US$2,16 million losses.
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Police block Zanu PF-linked sports gala in Harare South
Videos of protesting Zanu PF supporters who had gathered for the gala have since circulated online.
By Staff Reporter
May. 31, 2026
BT back, Ngarava on the mend as Chevrons gear up for Bangladesh
“It was a nice big group. No real surprises really in terms of who’s there. The guys have all worked really hard and we’ll see how they go,” he said.
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DeMbare end Ngezi’s unbeaten streak
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Battle royal as NSS re-opens
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Out of control
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New livestock vaccine push in SA raises stakes for Zim farmers
It further states that the programme is intended to “facilitate continued business operations for participants to ensure food security and trade opportunities.”
By Silas Nkala
11h ago
MP pushes for cheaper electricity for local authorities
“Local authorities are providing essential services such as water pumping, sewage management and street lighting, yet they are operating under severe financial constraints,” he said.
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Court blocks eviction of unpaid Shabanie employee
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Premium
Referendum row deepens as CAB 3 heads to Parly
If approved by the National Assembly, the Bill will proceed to Senate. Should it pass there, it will be sent to Mnangagwa for assent before becoming law.
By Mirriam Mangwaya
1h ago
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