MASHONALAND Holdings (Mash Holdings) says its Greendale Clusters residential development is gaining strong market interest, with more than half the units already snapped up as it expects full subscription by the end of next month.The Greendale Clusters project, launched in May 2025, involves subdividing and servicing a 6 000 square metre stand into 10 cluster…
ZIMBABWE’s Public Service, Labour and Social Welfare Minister Edgar Moyo, was appointed President of the 113th Session of the International Labour Conference (ILC), recently at the International Labour Organisation (ILO)…
GENERAL Beltings Holdings (GB) posted an inflation adjusted profit of ZiG26,5 million for the year ended December 31, 2024 as robust cost containment measures paid off to overturn previous year’s loss of ZiG566 841.It was a challenging year for the industrial hardware manufacturer, as revenue halved to ZiG77,1 million from ZiG150 million registered in 2023…
THE 35 percent bank policy rate maintained by the Reserve Bank of Zimbabwe (RBZ) is ‘too high’ and should be reduced to at least 20 percent to promote sustainable economic expansion, parliament has said.This came out from a recent report by the Parliamentary Portfolio Committee on Budget, Finance, and Investment Promotion on the review of…
THE government has called on farmers to take advantage of the liberalised grain market to continue to access competitive pricing and expanded market opportunities, ultimately increasing their earnings.This call to action comes after some self-financed farmers highlighted difficulties in securing markets for grain produced during the 2024-25 summer cropping season.Speaking at the recent ADMA agricultural…
FOREIGN direct investment (FDI) inflows to Zimbabwe fell by 6,4 percent to US$596,7 million in 2024 from US$634,7 million in 2023, the United Nations Conference on Trade and Development (UNCTAD)’s latest trade report shows. The figures signal the country’s unfavourable policy and macroeconomic environment which continues to hinder capital flow. This is in stark contrast…
A LEADING expert in Environmental, Social, and Governance (ESG) has urged Zimbabwean companies to adopt sustainability practices before these measures become a legal requirement.The head of ESG at Davis Granite, Polite Nhokovedzo, stated that companies should address internal issues before focusing on external factors when considering sustainability.“The key thing that has to happen for sustainability…
THE Insurance Council of Zimbabwe (ICZ) is driving product innovation in the sector by actively leveraging Artificial Intelligence (AI) and research.This initiative comes as informalisation and digital disruption increasingly shape the operating environment.Speaking at an AI and Machine Learning Research Awards ceremony in Harare, ICZ Chairman David Nyabadza emphasised the critical importance of harnessing research.…
THE International Monetary Fund (IMF) says a potential Staff-Monitored Program (SMP) with Zimbabwe, currently under negotiation, could unlock crucial external financing and investment for the country. Responding to questions from the Portfolio Committee on Finance in Parliament, IMF senior economist, Silvia Domit, said while the SMP does not involve direct financial assistance, it is seen…
ZIMBABWE’S leading engineering companies are poised to capitalise on the Democratic Republic of Congo’s (DRC) burgeoning mining industry.Speaking at the recent 2025 DRC Mining Week, ZimTrade’s Chief Executive Officer, Allan Majuru, stated that the DRC is a vital market for Zimbabwean exporters, especially in the mining and manufacturing sectors.“This trade mission provides a targeted platform…
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