ZIMBABWE is prioritising policy reforms and innovative financing to attract investment into solar power, while leveraging its lithium reserves to enhance its role in renewable energy storage. This comes as the country is yet to fully harness its renewable energy potential, including solar and wind power, which could offer a sustainable and reliable source of…
By Leonita Mhishi FOR years, Zimbabweans have treated real estate as the one investment that never lies. A house in Harare’s suburbs, a stand in the fast-growing satellite towns, or…
DELTA Corporation (Delta) says it will remain listed on the Zimbabwe Stock Exchange (ZSE) despite concerns over its share price valuation. The beverage maker stressed that only investors will determine…
ZIMBABWE’s tourism sector is projected to grow by 3,1 percent in 2026, boosted by rising arrivals from key source markets, Finance minister Mthuli Ncube has said. The sector is already expanding, supported by increased international and domestic travel and strengthened by significant government investment. “International tourist arrivals are forecasted to reach 1,87 million, up from…
FINANCE minister Mthuli Ncube’s 2026 national budget will further strain hard-pressed businesses and consumers, economic experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the proposed increase in value-added tax (VAT), adjustments to mining royalties…
ZIMBABWE’s micro, small and medium enterprises (MSMEs) have been commended for their resilience and contribution to the national economy in the face of mounting operational challenges. This came out at…
ZIMBABWE’S 2025 public spending has been severely strained by inflation and exchange-rate slippage, leaving ministries and departments battling swollen costs and shrinking real allocations, according to figures presented in the 2026 national budget statement. Finance minister Mthuli Ncube revealed that ministries had already used far more of their budgets than Treasury had planned. “As at…
FIDELITY Life Assurance (FLA) says its Vaka Yako housing product continues to drive new business, contributing 80 percent of its life and pensions business revenue. Launched in 2022, the Vaka Yako product enables individuals in Zimbabwe to progressively acquire a stand or house, with monthly payments starting at US$45. Ideally, the group treats the housing…
DAIRIBORD Holdings (Dairibord) says it is focusing on growing its production capacity through several capital projects already underway that will improve product availability. The milk and dairy products producer is set to commission a new steri-milk line filling and processing line in Chipinge in the final quarter of the year, which is projected to produce…
PADENGA Holdings says the ongoing surge in gold prices will significantly improve the group’s annual revenue. Gold spot prices breached the US$4 000 mark in the second half of the year, attributed to increased investor demand for gold as well as strong buying power by central banks. The group operates a mining portfolio, Dallaglio and…
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