DESPITE Zimbabwe making strides in re-engaging international creditors and implementing some needed reforms, experts say resolving its US$21 billion debt will not be easy.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts added this week that Harare would likely demand more political…

ZIMBABWE’S digital payment transactions increased by 18 percent to ZiG191,25 billion in March 2025, up from ZiG162,46 billion in February this year, according to the latest figures.Data released by the Reserve Bank of Zimbabwe’s (RBZ) reveals that the country’s payments system continues to reflect growing confidence and adoption of digital financial platforms, as both the…

THE Reserve Bank of Zimbabwe (RBZ) expects annual inflation to remain elevated until September 2025, after which it will significantly decline to below 30 percent by year-end.This follows after the recent increase in year-on-year ZiG inflation, which reached 92,1 percent in May 2025, up from 85,7 percent in April.The RBZ governor John Mushayavanhu said the…

EXCESSIVE regulation and sudden policy shifts have become an albatross to local businesses’ competitiveness in both the domestic and export markets, the National Competitiveness Commission has said.Speaking at the People’s Own Savings Bank (POSB) exports seminar last week, NCC executive director Philip Phiri said because of over-regulation, Zimbabwean businesses were set to struggle in the…

HOPES are high that new investors could return cement producer, Khayah Cement, to its halcyon days following the commencement of a process to find new buyers.This followed its recent delisting from the Zimbabwe Stock Exchange.Khayah went into corporate rescue in December last year following months of financial distress, which arose after its majority shareholder —…

ZIMBABWE’S energy mix is increasingly shifting towards renewables, with ‘green’ sources now providing over 40 percent of the national power supply.Permanent Secretary in the Ministry of Energy, Gloria Magombo, confirmed the development to The Financial Gazette, highlighting that hydro and solar power were the primary contributors.“With Kariba being renewable, we are obviously looking at plus…