ZIMBABWE’s largest mining companies are significantly increasing their investment in mine expansion and exploration, rushing to capitalise on the sustained rise in gold prices. Since the end of the Covid-19 pandemic in 2022, geopolitical conflicts have fuelled demand for gold. This has prompted investors, including central banks, to hedge against rising inflation and economic uncertainty.…
THE Reserve Bank of Zimbabwe (RBZ) should ease its tight monetary policy stance, as experts contend that the current strategy is now stifling economic growth.While the central bank’s restrictive measures have stabilised the ZiG, economic experts say the resulting liquidity crunch is stifling business activity.Economist Tapiwa Mashakada said the current liquidity crunch is likely to…
MILK production in Zimbabwe hit a record high in July 2025, rising 5,47 percent to 10,52 million litres from 9,97 million litres in July 2024.According to the Ministry of Agriculture’s Dairy Services Department, this is the highest monthly output on record since the beginning of last year, surpassing the previous high of 10,15 million litres…
THE Zimbabwe Revenue Authority (Zimra) says its Tax and Revenue Management System (TaRMS) has significantly expanded the tax base, leading to an increase in revenue. The system, launched in 2022, was designed to improve efficiency and payments through a convenient, self-service platform. TaRMS automates debt tracking, generates payment plans, and initiates collection actions. This, according…
ARISTON Holdings is implementing a series of cost-control actions, central to its broader strategy of restructuring business operations and enhancing profit margins. In a statement accompanying the company’s financial results for the six months ended March 31, 2025, group chairman Alexander Jongwe said the operating environment is expected to remain challenging, therefore they will continue…
THE government is prioritising diversification of the economic base, recognising the risks of over-reliance on traditional sectors such as agriculture and mining, an official has said.The Minister of Finance, Mthuli Ncube, said the diversification will be anchored by promoting value addition in the agriculture, agro-processing, mining, including energy transition minerals, manufacturing, and services sectors.“Investments in…
THE Zimbabwe Investment Development Agency has created a database of female-led businesses to integrate them into the investment ecosystem as part of a new gender mainstreaming initiative. The agency’s legal manager, Chidochashe Ncube, said the initiative was created in partnership with the International Finance Corporation. “The theme of this project was to integrate gender considerations…
A US senator is opening an investigation into Meta after a leaked document reportedly showed the tech giant’s artificial intelligence (AI) was permitted to have “sensual” and “romantic” chats with…
BY DARRYL DZAPASI THE influencer wave has hit Zimbabwe and it has caught on quickly. In just a few years, we’ve seen local influencers rise to prominence with incredible momentum. But what does it really mean to be an influencer, and how does one build a career in this space without compromising authenticity or purpose?…
BY JACKSON T MASHINGE IN an era where data reigns supreme, the evolution of Business Intelligence (BI) has transcended mere IT functionality to become a cornerstone of corporate strategy and competitive advantage. As we transition from last week’s insights on risk management and technology, we delve into the dynamic world of BI this week —…
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