Government moves to review bank charges

AUTHORITIES say they are going to engage with the banking sector to review bank charges in order to encourage people to use banking services. This comes as Cabinet has approved the review and reduction of bank charges, transfer fees to promote banking and licences, in the retail and wholesale sectors in line with business reforms…

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Money supply in marginal decline

THE country’s broad money (M3) stock stood at ZiG96,18 billion in July this year, a decline of 1,18 percent from ZiG97,33 billion recorded in June 2025 according to the Reserve Bank of Zimbabwe (RBZ).The month-on-month contraction in broad money was attributed to decreases of ZiG923,15 million (1,15 percent) and ZiG228,65 million (1,33 percent) in foreign…

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Lithium production up 73 percent

Lithium production in the country increased by 73,9 percent to 623.356mt in the second quarter of 2025, the Zimbabwe Statistics Agency (ZimStat) latest data has revealed.In its second quarter of 2025 Index of Mineral Production, ZimStat highlighted that the increase in production is from a first quarter of 2025 production of 358,468 mt.“Lithium production index…

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All systems go at Mine Entra

ORGANISERS of the Mining, Engineering, and Transport Expo (Mine Entra) and the AfriConfex events say it is now “all systems go,” with final preparations well advanced at the Zimbabwe International Conference and Exhibition Smart City (ZICES). The 28th edition of Mine Entra will run concurrently with the AfriConfex event from today to Friday. Speaking during…

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Fuel consumption rises to 1,34 billion litres

FUEL consumption rose in the first eight months of 2025, with diesel and petrol use reaching a combined 1,34 billion litres, according to data from the Zimbabwe Energy Regulatory Authority (Zera).This indicates growing fuel demand across the broader economy.Diesel usage between January and August reached 885,17 million litres, up from 704,32 million litres in the…

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Systemic challenges continue to hamper property sector

ZIMBABWE’S property sector remains a paradox of growing demand and deep-rooted challenges, characterised by liquidity issues, expensive local currency borrowing, and scarce hard currency loans, according to industry players.Despite notable growth in the first half of the year—driven by rising interest from individuals and companies seeking a hedge against inflation — the sector still grapples…

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Parliament embarks on budget consultations

PARLIAMENT today embarks on nationwide consultations to gather citizens’ inputs on the 2026 National Budget. This comes as the government says the 2026 National Budget would seek to further boost the country’s economy, lift the lives of the poor, and support ailing businesses. In a notice yesterday, Parliament said the public consultations would be conducted…

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Tourist arrivals soar

ZIMBABWE recorded a significant increase in tourist arrivals in the second quarter of 2025, with 471 041 visitors entering the country, up from 381 293 during the same period in 2024, according to Zimstat. This comes after President Emmerson Mnangagwa implored international exhibitors to continue supporting the country’s tourism products. In a transport statistics brief,…

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