Just 24 days on from their last Premier League game of the 2024-25 season, Manchester City will return to competitive action as they begin their Club World Cup campaign in the United States. Pep Guardiola’s side endured a miserable time last term but chairman Khaldoon Al Mubarak said this tournament will mark the start of…
By Jackson T. Mashinge IN the rapidly evolving landscape of financial technology, blockchain analytics has emerged as an indispensable asset for risk management. The global blockchain technology market was valued at approximately US$3 billion in 2020 and is projected to reach US$69 billion by 2027, reflecting a compound annual growth rate of over 56 percent.This…
THE Tobacco Industry and Marketing Board (TIMB) has appointed Emmanuel Matsvaire as its substantive chief executive officer (CEO) after holding the position in an acting capacity for nearly two years. He replaced Meanwell Gudu who was fired in 2023. In a statement yesterday, the TIMB board announced that his appointment was effective from June 10.…
THE African Development Bank (AfDB) says it has mobilised over US$40 million to catalyse growth in Zimbabwe’s private sector through lines of credit and trade finance facilities.The lender said the funding has been instrumental in unlocking growth opportunities for small and medium-sized enterprises (SMEs).The AfDB said its commitments to Zimbabwe have now reached US$177 million,…
OVER 40 emerging entrepreneurs have successfully completed a transformative three-month programme hosted by Stanbic Bank Zimbabwe, equipping them with practical skills to grow and run their businesses efficiently.The Level Up Business Clinic, launched in March and concluded in May, was spearheaded by Stanbic Bank’s Enterprise Banking Unit, which supports the growth and sustainability of SMEs…
NICOZDIAMOND Insurance marked its 60th anniversary with a diamond jubilee event at Siyekhaya Estate in Borrowdale, Harare, underscoring its evolution from a local insurer to a regional force in the financial services sector.Founded in 1965 — coinciding with Zimbabwe’s Unilateral Declaration of Independence, NicozDiamond has survived political, economic, and technological shifts to become one of…
MASAWARA PLC has urged the government to establish a more sustainable environment that supports businesses’ longevity and growth.This comes as several business leaders in the country have also stressed the need for an in-depth review of regulations to streamline processes and lower the cost of doing business, thereby enhancing competitiveness.In an interview with The Financial…
By Godfrey Nyoni OVER the past few years, Zimbabwe’s education system has changed. From COVID-19 lockdowns to online classes on WhatsApp, Facebook, and Zoom, we saw how technology became a new classroom.Now, something even bigger is coming Artificial Intelligence, also known as AI. AI is not just for movies or Silicon Valley. It is slowly…
THE Zimbabwe Investment and Development Agency (ZIDA) has introduced a formal investor grievance mechanism aimed at boosting confidence and retaining foreign capital, as the country continues efforts to improve its business climate. The Investor Grievance Response Mechanism (IGRM) is designed to handle disputes arising from government regulatory decisions or policy shifts that affect investment projects.…
EXPERTS are fretting over the country’s economic outlook and the Reserve Bank of Zimbabwe’s (RBZ) recent inflation projections.Many economists and analysts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said this week that current inflationary pressures would likely remain an issue in…
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