ZIMBABWE’s gross domestic product (GDP) is projected to reach ZiG1,5 trillion, approximately US$48,5 billion by the end of this year with the bulk of output from the informal sector, the Treasury has said. This means the size of the economy will have grown by US$4,1 billion or 9,2 percent in just two years, from the…
IN the dusty streets of Mbare, the crowded alleys of Lagos, the sprawling townships of Soweto — a quiet, relentless revolution brews daily. It’s not announced with fanfare or funded by shiny venture capitalists. It’s born in the scorched soil of poverty, watered by tears of rejection, and forged in the furnace of conflict and…
BY EPHRAIM CHAWONEKA IN today’s dynamic financial ecosystem, credit ratings are strong pillars of transparency and risk appreciation in capital markets and banking. These ratings have real financial consequences far beyond mere symbols, determining how much a company pays to raise capital, how it is regarded by lenders and investors, and how efficiently financial markets…
By Abraham Makamba Exec Managed Services Liquid Intelligent Technologies Zimbabwe Zimbabwean businesses, like their counterparts across Africa, are accelerating their digital transformation journeys. While the opportunities associated with digitisation are…
ZIMBABWE’S best chance of exiting a 25-year debt default is to engage the Group of 20 nations to help formulate a solution and stop trying to work its way out…
MUTAPA Investment Fund (MIF), a major shareholder in the Cotton Company of Zimbabwe (Cottco), plans to resume trading in the company’s shares on the Zimbabwe Stock Exchange (ZSE) next year.Cottco voluntarily suspended trading its shares in November 2014 due to its inability to settle debts totalling approximately US$56 million.This largely resulted from its failure to…
BRENDAN Taylor — one of the country’s most accomplished cricketers — has been recalled to the Chevrons squad ahead of the second Test match against New Zealand, scheduled for August…
ORGANISED business is not losing sleep over threats by the United States of America to further squeeze South Africa.This comes as Pretoria is facing mounting pressure from President Donald Trump’s administration on a number of fronts, with a key US congressional committee recently advancing a bill that could see Washington imposing sanctions on senior ANC…
DELTA Corporation (Delta) paid a total of US$4,5 million in sugar tax to the Treasury during the first quarter ended June 30, 2025, piling additional cost pressures on profit margins.Local manufacturers are already battling high input costs, unsustainable electricity charges and administrative costs as well as exchange rate volatility among a plethora of operational challenges.The…
Zimbabwe is on track to achieve a forecasted 6% economic growth in 2025 helped by good agricultural output and strong commodity prices, Finance Minister Mthuli Ncube said on Thursday. The…
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