THE Insurance and Pensions Commission (Ipec) has reviewed its minimum reinsurance standards framework in a move designed to reduce foreign currency outflows and bolster the local insurance industry. The revised framework came into effect in January this year. In a circular to the industry, the regulator said the changes were intended to ensure that a…
THE government says partnerships with the private sector are essential for tertiary institutions to adopt new and emerging technologies, drive innovation, and support Zimbabwe’s broader economic development agenda. Speaking at the Midlands State University (MSU) Alumni Reunion in Gweru on Friday, the minister of Higher and Tertiary Education, Frederick Shava, said such collaborations would help…
MUTAPA Energy Minerals will begin the construction of a lithium concentrator plant at Mberengwa-based Sandawana Mine next month. Speaking to journalists after a tour of Sandawana Mines, a division of Mutapa Energy Minerals, on Wednesday, Mutapa Energy Minerals chief executive Innocent Rukweza said the concentrator plant is expected to be up and running by December…
By Ephraim Chawoneka ENVIRONMENTAL, Social and Governance (ESG) is no longer a global trend limited to large multinational companies. It is becoming a part of how businesses, investors, and institutions…
ZIMBABWE’S wildlife conservation drive has received a significant boost after the announcement of a one million euro grant to support habitat preservation and wildlife protection in the Hwange-Matetsi-Zambezi landscape. International Fund for Animal Welfare (IFAW) Zimbabwe country director Alleta Nyahuye yesterday said the funding would strengthen ongoing conservation efforts in the region. “Zimbabwe’s conservation efforts…
International Monetary Fund Managing Director Kristalina Georgieva said the war in the Middle East will test global economic resilience and warned that “new shocks in different shapes and sizes” will…
By Bothwell Nyajeka ABOUT 10 years ago, I experienced my first cybersecurity incident. It started with what appeared to be an innocent email sent to our finance department. The message…
More than $50 billion has been committed to an ambitious plan to halve the number of people without access to electricity in Africa, according to the World Bank, its biggest…
INDUSTRY says new regulations on business fee cuts will address long-standing cost drivers and administrative bottlenecks within the retail and wholesale sectors. The government promulgated Statutory Instrument (SI) 41 of 2026, effectively dismantling the multi-licence requirement that has long hindered business growth. Under the new regulations, business owners will no longer be required to pay…
BUY Zimbabwe has hailed the government’s ban on raw mineral exports, saying it was a decisive policy shift aimed at boosting local beneficiation and industrial growth. The intervention, announced last week by Mines minister Polite Kambamura, suspended the export of unprocessed lithium amid concerns that some operators were accelerating shipments ahead of a previously set…
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