African contractors must dominate local projects’

AFRICAN contractors must posi­tion themselves to secure a greater share of the continent’s construction market, which is projected to reach US$330 billion by 2031, industry leaders have said. Speaking at the Master Builders South Africa Congress in KwaZu­lu-Natal last week, Zimbabwe Build­ing Contractors Association (ZBCA) president Tinashe Manzungu said the rapid expansion of Africa’s infra­structure…

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Medical aid funds urged to prioritise NCD prevention

THE Association of Healthcare Funders of Zimbabwe (AHFoZ) has urged medical aid societies to invest more in preventing non-com­municable diseases (NCDs) among their members as healthcare needs continue to rise. The call comes as medical aid providers seek to contain health­care costs while improving health outcomes. Speaking to The Financial Ga­zette on the sidelines of…

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‘Tax push threatens FDI flows, economy’

ZIMBABWE’s ambitious push to lift its tax-to-GDP ratio to 22 per­cent by 2030 risks stifling eco­nomic growth, dampening foreign investment and eroding household incomes, economists say. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — they warned this week that raising the tax burden…

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Global award for MSME survey

ZIMBABWE’S inaugural State of the Micro, Small and Medium Enterprises (MSME) sector survey has won global recognition for its impact, after being honoured at the 2026 Esomar Awards in Valencia, Spain recently. The survey, conducted by Con­sumer Feedback Consultancy in part­nership with the Small and Medium Enterprise Development Corporation and The Financial Gazette, was rec­ognised…

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Zimbabwe could miss 2030 target: World Bank

THE World Bank says Zimbabwe needs to implement urgent structural reforms and achieve annual economic growth of at least seven percent to attain an upper-middle-in­come status by 2030. In its Zimbabwe Growth and Jobs Report re­leased in Harare on Friday, the Washington DC-based financial institution said the current mac­roeconomic stability in the country presented a…

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Drop in PAYE raises alarm over employment

THE Confederation of Zimbabwe Indus­tries (CZI) says a decline in Pay As You Earn (PAYE) collections in the first quar­ter of 2026 raises concerns about the pace of formal job creation and income growth in the country. PAYE remains a key source of government revenue, although its share of total collections fell from 21,4 percent…

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Staff Reporter Zimbabwe’s increasingly competitive automotive market is bracing for another shake-up following the entry of Chinese vehicle manufacturer Jetour, which is betting on technology, aggressive warranty cover and value-for-money…

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