ZIMBABWE’S mining sector is in dire need of competitive policy reforms, affordable capital and improved infrastructure to sustain growth and attract investment, the Chamber of Mines of Zimbabwe (CoMZ) chief executive Isaac Kwesu has said. Speaking to The Financial Gazette on the sidelines of a media briefing last week, the precursor to the Chamber’s 2026…
ZIMBABWE needs at least two more years of sustained growth to secure three months of import cover required to back the ZiG, experts say. The country’s foreign currency reserves backing…
WEAK formal job creation is limiting purchasing power among Zimbabwean consumers, even as macroeconomic conditions have significantly improved, IH Securities says. In its Zimbabwe Consumer Sector Report 2026, IH Securities said while economic stability and slowing inflation have created a foundation for stronger household spending, high unemployment, widespread informality and persistent poverty continue to constrain…
RISING anti-immigrant sentiment in neighbouring South Africa is threatening to destabilise Zimbabwe’s economic recovery, experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that any further escalation in the untenable situation across the Limpopo River would…
THE Confederation of Zimbabwe Industries (CZI) is today launching its 2025 annual manufacturing sector survey report in Harare. The survey, which CZI produces with help from thinktank organisation Economic Research and eight local universities, is aimed at revealing the current state and prospects of Zimbabwe’s manufacturing sector. This year’s survey covers the state of recovery,…
CONSUMER goods stocks are topping investment picks on the local equities market, offering strong earnings, attractive dividends and compelling valuations for investors, stockbroking firm IH Securities has said. In its recently published 2026 consumer report, IH Securities said major consumer stocks such as beverage maker Delta Corporation and diversified agro-industrial group Innscor Africa remain attractive…
FIRST Mutual Holdings Limited (FMHL) says repeated currency shifts and persistent inflation continue to undermine public confidence in long-term savings products, weighing on insurance uptake. This is despite sustained growth in the group’s core life insurance operations, which continue to drive earnings. In its 2025 annual report to December 31, the diversified financial services group…
THE Reserve Bank of Zimbabwe’s (RBZ) decision to cut its benchmark interest rate to 30 percent reflects a cautious approach but more should be done to unlock lending for the productive sectors, analysts say. The central bank cut the rate from 35 percent with immediate effect, citing a fundamental shift toward a low and stable…
OLD Mutual Insurance Company (OMIC) says digital sales grew by 194 percent during the year ended December 31, 2025, driven by investments in digital platforms that enhanced customer access and distribution reach. The company expanded its digital ecosystem through the introduction of new products on mobile channels and enhanced online access to insurance services, helping…
THE People’s Own Savings Bank (POSB) and AFC Insurance Company have signed a bancassurance partnership aimed at expanding access to insurance products and financial services, particularly for farmers and rural communities. The agreement will see POSB offering a range of AFC Insurance products through its branch network, including crop and livestock insurance, loan protection for…
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