AUTHORITIES have reviewed licences and taxes in the energy sector to ease the cost of doing business and enhance the economy’s growth. This comes as Cabinet recently approved the review of levies, licences, and permits across 12 sectors of the economy. Addressing a post-Cabinet media briefing in Harare yesterday, Information minister Jenfan Muswere said the…
THE Zimbabwe National Statistics Agency (Zimstat) is modernising the country’s data and statistical systems using Artificial Intelligence and digital tools to improve national policy-making. Commemorating the African Statistics Day yesterday, Zimstat director general Tafadzwa Bandama said modernisation was key to producing trustworthy and useful data. “As the continent marks African Statistics Day 2025, Zimstat reaffirms…
TELECOMMUNICATIONS company, TelOne, yesterday launched TelOne Connect, a mobile app enabling landline users to make and receive calls on their smartphones or laptops. Speaking during the application’s launch in Harare, TelOne’s chief executive, Lawrence Nkala, said the application was set to reshape the communication landscape for many Zimbabweans. “In today’s world, mobility, flexibility, and digital…
INVICTUS Energy (Invictus) reported a 4,78 percent rise in the value of its capitalised exploration assets for the year ended June 30, 2025, driven by ongoing work at its key gas project in Zimbabwe. Capitalised exploration assets are costs incurred by a company in the process of exploring for mineral or oil resources that are…
SIMBISA Brands is rolling out restaurant designs focused on sustainability, from energy- and water-efficient kitchens to reduced food waste and eco-friendly packaging. In its 2025 annual report, the group said that embedding sustainability into its dining experiences allows it to deliver value to customers while reducing its environmental footprint. “In support of the Green Building…
ZIMBABWE’S liquefied petroleum gas (LPG) operators have raised concerns over short-term licensing and the influx of illicit imports, as consumption during the first nine months of 2025 surged by 87 percent. According to official data from the Zimbabwe Energy Regulatory Authority (Zera), the country consumed 99,33 million kilogrammes (kgs) of LPG between January and September…
INSURANCE firms are tackling high costs by breaking down comprehensive packages into modular, event-based coverage and automating underwriting and claims. To rebuild trust, companies are simplifying policy documents into local languages and using AI to slash processing times, including settling some motor vehicle claims within 48 hours instead of 14 days. These strategies were outlined…
By Ephraim Chawoneka IN recent years, credit ratings have become an important element of financial market infrastructure in growing economies. For Zimbabwe, where investor confidence, transparency, and corporate accountability remain a center to economic recovery, credit ratings play a critical role in enhancing corporate governance and strengthening market trust. The establishment of a local rating…
ZIMBABWE will next year conduct a nationwide survey of residential rooftop solar systems to measure the country’s growing dependence on alternative energy sources, the energy regulator has announced. The move follows a surge in home solar installations, which have become a popular response to chronic power cuts. This has created a vast, privately owned power…
CASSAVA Technologies (Cassava) has successfully closed three strategic transactions, securing over US$150 million in fresh equity for its subsidiary, Liquid Intelligent Technologies’ ongoing debt refinancing strategy. Cassava has received an…
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