A MAJOR Qatar conglomerate’s recent US$19 billion investment pledge to Zimbabwe will lift the local economy, provide much-needed financing for key infrastructure and boost jobs, economists say.This comes as the promised pot of gold for the country from the Sheikh Mansour bin Jabor bin Jassim Al Thani-led Al Mansour Holdings is earmarked for projects that…

ZIMBABWE’S diesel consumption jumped 25 percent in the first seven months of 2025 compared to the same period in 2024, highlighting rising fuel demand across the economy, latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows.Between January and July 2025, diesel uptake reached 759,9 million litres, up from 605,55 million litres consumed during the…

ZIMBABWE’s platinum output reached a new all-time high in the second quarter of 2025, driven by the successful commissioning of a major smelter expansion at Zimplats, latest figures show.According to the latest report from the World Platinum Investment Council (WPIC), platinum output from Zimbabwe increased by nine percent year-on-year to 137 000 ounces during the…

THE government has announced a cross-cutting review of the fees and levies in the transport sector, fulfilling its promise made during the mid-term budget statement in August to ease the cost of doing business.Speaking during Tuesday’s post-cabinet press briefing, Information Minister Jenfan Muswere said this in tandem with a cabinet decision of July 29, 2025…

THE relatively stable US dollar inflation trend against rising ZiG prices poses potential threats to the government’s de-dollarisation agenda under a local currency-backed mono-currency system, industry has warned.The slower inflation rate in USD terms could suggest the domestic market’s preference of the greenback over the local currency.Latest figures from the Zimbabwe National Statistics Agency (Zimstat)…