FINANCE minister Mthuli Ncube will headline the much-anticipated Annual Tax Breakfast Meeting tomorrow, setting the tone for a high-level solutions-focused discussion on tax policies. Hosted by The Financial Gazette, the annual…
THE continued migration of businesses from Harare’s central business district (CBD) into residential suburbs is driving up rentals and property prices in affected areas, property experts have said. Companies are relocating to suburbs such as Highlands, Newlands, Eastlea and Borrowdale in search of modern facilities, easier road access and more reliable utilities. As a result,…
TANGANDA Tea Company (Tanganda) remains ‘cautiously optimistic’ about the 2026 prospects, citing relative stability in inflation. Tea prices experienced a significant slump in major global markets as of late 2025, driven by oversupply, weak demand, and currency fluctuations. The group is heavily exposed to external markets, with export sales reaching US$10,4 million last year, constituting…
PRELIMINARY crop assessments have positioned the 2025/26 agricultural season as the country’s most promising in recent years, supported by favourable rainfall patterns and expanded planting. This comes as the maize hectrage across the country’s 10 provinces increased by 30 percent from 1,4 million hectares to 1,9 million hectares, bringing hope of better fortunes this season.…
ZIMBABWE’S gold production fell by 3,9 percent year-on-year in January 2026 to 3,045 tonnes from 3,168 tonnes realised in the same period last year, figures from Fidelity Gold Refinery show. The latest data reflects that small-scale producers remain the backbone of production, churning out 2,237 tonnes or approximately 73 percent of total output. Primary producers…
INDUSTRY has called for targeted financial assistance and lower lending rates to enable its full participation in the economy. Speaking at the Zimbabwe National Chamber of Commerce (ZNCC) reserved sectors implementation modalities meeting in Harare, Zimbabwe Building Contractors Association chief executive Joyline Zindaga said the country lacks adequately capacitated local players in most sectors, resulting…
THE Central Africa Building Society (CABS) has entered into a strategic partnership with global payments leader Visa to roll out a suite of advanced digital payment solutions. The development comes as CABS has recently risen to the third most popular card issuer in the country, with volumes increasing 195 percent year on year and values…
NAMPAK Zimbabwe is planning to significantly increase its capital expenditure to enhance production capacity and profitability amid growing demand for packaging products. Although the group did not disclose the capital outlay, its plans are based on projections of firming demand across all business units. Notably, the group is banking on the anticipated record-breaking tobacco output…
MUTAPA Gold Resources’ discussions with partners to develop a new opencast section at its Shamva Gold Mine have reached the homestretch, the company has said. This follows Mutapa Investment Fund (MIF)’s recent restructuring of its mining assets, which previously fell under Kuvimba Mining House, with the establishment of new commodity-specific units now expected to attract…
HIPPO Valley Estates (Hippo Valley)’s sugar sales to the Common Market for Eastern and Southern Africa (Comesa) are booming, growing by 634 percent year-on-year to 22 016 tonnes during the nine months to December 31, 2025. The growth from 3 001 tonnes registered a year earlier reflects the group’s strategic focus on expanding its regional…
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