Page 273 – The Financial Gazette

‘Wrecking ball’ policy in Zim infrastructure sector

NicozDiamond targets tech-driven growth

New investment licences decline

‘Long-term financing can rescue economy’

Mishma Chakanyuka, Staff WriterJanuary 19, 20250721 views

FBC Securities has called on policymakers and businesses to foster an environment conducive to long-term financial instruments such as infrastructure bonds, corporate bonds, and public-private partnerships (PPPs), to mobilise long-term capital and address structural financial challenges. In its 2025 Outlook report, FBC warned that the reliance on short-term funding for long-term obligations is a significant…

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ZimTrade urges higher standards within sector

Staff WriterJanuary 19, 20250748 views

ZIMTRADE has urged horticultural farmers and traders to certify their produce in order to strengthen Zimbabwe’s position as a key exporter to the European market. The global demand for organic produce continues to grow, driven by increasing consumer awareness of health, sustainability, and environmental concerns.However, accessing these lucrative markets requires compliance with strict certification standards.In…

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Retail sector struggles signal impending crisis

Staff WriterJanuary 17, 202501.4K views

THE struggles of Zimbabwe’s formal retail sector are more than just a tale of declining sales and closures, they are a harbinger of deeper economic troubles if systemic issues, particularly currency instability, are not addressed. The plight of major retailers like TM Pick n Pay, OK Zimbabwe, and FoodWorld, as detailed in our page 3…

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Haaland signs new Man City deal until 2034

Staff WriterJanuary 17, 202501K views

Erling Haaland has signed an extraordinary new nine-and-a-half-year deal with Manchester City. The 24-year-old superstar has committed his future to the club until the summer of 2034 in what is thought to be one of the most lucrative sporting deals in history talkSPORT understands Haaland’s new basic salary makes him the first ever Premier League player to…

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Chicago Fire in Neymar talks to end Saudi stay

Staff WriterJanuary 17, 20250941 views

Chicago Fire are in talks over a surprise move to bring Brazil striker Neymar to Major League Soccer. The 32-year-old is out of contract with Al-Hilal in the summer after two years in the Saudi Pro League. The Eastern Conference side would be able to make the deal work financially and negotiations are continuing with…

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Osaka retires injured from Australian Open

Staff WriterJanuary 17, 20250673 views

Two-time champion Naomi Osaka is out of the Australian Open after she was forced to retire injured from her third-round match against Belinda Bencic. Japan’s Osaka was playing in the third round of a Grand Slam for the first time since returning from maternity leave last year. The four-time major winner stormed to a 4-1…

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Sabalenka ‘pushes to the limit’ to progress

Staff WriterJanuary 17, 20250743 views

Top seed Aryna Sabalenka continued her bid for a third consecutive Australian Open title with victory over Denmark’s Clara Tauson in straight sets. The 26-year-old Belarusian was made to work for her 7-6 (7-5) 6-4 win on Rod Laver Arena but secured victory in two hours six minutes to progress to the fourth round. There…

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Man Utd reject Napoli move for Garnacho

Staff WriterJanuary 17, 20250755 views

Manchester United have turned down an approach for winger Alejandro Garnacho from Italian side Napoli. The Serie A side have made Garnacho, 20, their number-one target and plan to use money raised from Khvicha Kvaratskhelia’s impending move to Paris St-Germain. However, they have failed with an initial approach for Garnacho that fell significantly below the…

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UN forecasts 2,3% growth for Zimbabwe

Adelaide Moyo, Group Managing EditorJanuary 16, 20250891 views

ZIMBABWE’s economy is projected to grow to 2,3 percent this year, slightly lower than the 2,4 percent estimated in 2024, according to the World Economic Situation and Prospects report by the United Nations.The projections come as the government expects a six percent growth this year buoyed by the projected favourable 2024/25 agricultural season, increased investments…

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‘Halaal certification crucial for exporters’

Staff WriterJanuary 16, 20250884 views

IN A bid to unlock Zimbabwe’s meat export potential, Zimtrade, the country’s trade development and promotion agency, has urged local meat producers to expedite halaal certification processes to meet international standards. As global demand for halaal products continues to rise, achieving certification is no longer merely a regulatory requirement but a gateway to accessing lucrative…

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