SUBSCRIPTIONS to the Insurance Council of Zimbabwe (ICZ)’s Farmer’s Basket Insurance Scheme have risen sharply in Buhera, increasing from just 20 subscribers last year to more than 1 000 this year, reflecting growing confidence in inclusive agricultural insurance. Speaking to The Financial Gazette, ICZ Agriculture Pool chairperson Cuthbert Masukume said 1 700 farmers received insurance…
THE Zimbabwe Association of Dairy Farmers (ZADF) remains confident it will achieve its 10 percent growth target despite the threat of an El Niño weather condition expected in the 2026/27 agricultural season. Zimbabwe is preparing for a possible El Niño, which could bring below-average rainfall, severe drought and prolonged heatwaves. In an interview with The…
Almot Maqolo in China THE race for China’s vast consumer market is intensifying as African countries seek new ways to showcase their products and build stronger trade links. With a population of over 1,4 billion people, China represents an unparalleled consumer base for African exporters ready to meet its demand. At the Yangluo Port and…
RAINBOW Tourism Group (RTG) posted a 260 percent jump in after-tax profit to US$3,7 million in the six months to June 30, 2026, as higher hotel occupancy, stronger foreign currency earnings and tighter cost controls boosted margins. The record-high first half performance was underpinned by a 29 percent increase in revenue to US$26,8 million from…
TAX incentives, net metering and other policy reforms are attracting investment into Zimbabwe’s renewable energy sector, Energy Ministry permanent secretary Gloria Magombo has said. Speaking at the Energy Forum for Africa conference in Harare last week, she said the government had introduced policies to encourage private sector investment in clean energy. Magombo said Zimbabwe’s renewable…
News Editor NATIONAL Employment Councils (NECs) are crying out for urgent reforms, as their rigid minimum wages and retrenchment rules are harming struggling businesses and discouraging both foreign and domestic investment, experts say. This comes as many companies across various sectors continue to enter corporate rescue or to scale back their operations, amid mounting financial…
THE admission of Zimbabwe as a borrowing member of the New Development Bank (NDB) will usher in a new era of alternative development financing, opening fresh funding avenues for critical infrastructure, analysts say. The country has endured close to two decades of isolation from traditional lenders, mainly the Bretton Woods institutions the International Monetary Fund…
ZIMBABWE’S annual ZiG inflation rate fell from 4,7 percent in June to 3,2 percent in July 2026, marking a notable slowdown in overall consumer price growth. The national statistics agency also recorded a drop in monthly ZiG inflation to 0,1 percent as local price pressures eased across the domestic market. However, rising costs in housing,…
THE Mines and Minerals Bill is on course to be gazetted into law before year-end after the government addressed constitutional concerns raised by Parliament, Mines minister Polite Kambamura has said. Speaking during a recent tour of Mutapa Gold Resources’ Freda Rebecca Mine in Bindura, Kambamura said authorities had resolved issues raised by Parliament’s legal committee…
BULAWAYO – Leading financial services institution Stanbic Bank Zimbabwe has doubled its assistance to CURE Children’s Hospital of Zimbabwe (CCHOZ) to US$50,000, a move that will enable 30 children with…
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