Credit ratings: Zimbabwe’s comparison with global practice

BY EPHRAIM CHAWONEKA CREDIT ratings have become an essential part of global finance. From New York to Frankfurt, Tokyo to London, ratings assigned by international credit rating agencies are important for banks, investors, and regulators assess risk. They influence whether a bond is admitted into a benchmark index, how much capital a bank must hold…

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Taxation of executive, non-executive directors

BY SIMBABRASHE HAMUDI IN the intricate world of corporate governance, the distinction between executive and non-executive directors has long been a subject of considerable discussion and occasional legal ambiguity. Despite the central role these directors play in shaping the direction and performance of companies, neither the Zimbabwean Companies Act nor the courts have provided a…

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Virtual vets: Animal care in remote areas

BY GODFREY NYONI IN Zimbabwe, livestock farming is more than just a way to put food on the table. For many rural families, animals represent wealth, income, school fees, and security for the future. From goats grazing in Insiza, to cattle herds in Matabeleland, to chickens in Masvingo’s villages, livestock is deeply tied to people’s…

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Air Zim launches Harare-Mutare flight

AIR Zimbabwe is launching daily return flights between Harare and Mutare from 8 to 14 September 2025, ahead of the Sanganai/Hlanganani World Travel Expo taking place in Mutare. This timely addition to the flight schedule forms part of Air Zimbabwe’s strategic turnaround initiatives, which include expanding the national carrier’s route network and improving domestic connectivity. “This operation is a pilot…

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BNC administrator to present revival scheme

BINDURA Nickel Corporation (BNC), which is currently under reconstruction, has called a joint meeting of its members and creditors to discuss a proposed scheme of reconstruction.The purpose of the meeting, scheduled for today, is for the administrator to present a plan to restore the company’s financial stability and operational viability.The meeting is being held in…

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Pump up business, economy, Government told

THE country needs to implement transformative reforms, as well as sustained sound fiscal and monetary policies, to lift investor confidence and to turbocharge the economy.So say leading experts, who add that doing this will raise Zimbabwe’s economic growth even more markedly than now, resulting in a welcome expansion of businesses and the creation of much-needed…

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Qatari Sheikh to buy19,9% Invictus stake

A MEMBER of the Qatari royal family, Sheikh Mansour Bin Jabor Bin Jassim Al Thani, is acquiring a 19,9 percent stake in Invictus Energy through his investment firm, Al Mansour Holdings.This comes as the Sheikh has been on a tour across Africa, meeting heads of state and pledging billions in investments.This week, Al Mansour promised…

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Input costs squeeze CAFCA margins

CABLE manufacturer CAFCA says the rising cost of materials significantly eroded profit margins during the third quarter to June 30, 2025 exacerbated by intensified competition from cheaply made imported products.In a trading update for the quarter, the group said average material costs for copper and aluminium grew 15 percent and 28 percent, respectively, on a…

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Government plans dairy sector support

THE government will soon announce measures to cut regulatory costs for the dairy industry following lobbying by producers facing rising feed costs and unreliable power, The Financial Gazette has learnt.The country’s dairy sector is growing, but its pace is hindered by high costs and excessive regulation.Recently, the National Competitiveness Commission revealed that operating a dairy…

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