ZIMBABWE and Mozambique are joining forces to end power outages by enhancing cooperation in energy generation and petroleum production. The two countries yesterday signed a Memorandum of Understanding (MoU) on energy cooperation, aimed at promoting economic growth through the use of natural resources. According to the MoU that was signed by Zimbabwe’s minister of Energy…
The Q5 is an Audi best seller around the world and there’s good reason for that state of affairs as this model in its various iterations has provided an enticing blend of practicality, luxury and performance. But time has not stood still for what is now a rather mature design – this is a second…
By Eddie Cross I WAS once a very vocal opponent of Ian Smith and his government in the years leading up to our Independence in 1980. The reasons were quite simple, how could a tiny, and shrinking white minority, really think they could continue to dominate the country. We had to do a deal, and…
ZIMBABWE’s mining sector is taking power into its own hands, literally. Faced with an unreliable national grid, companies like Zimplats, Caledonia, and RioZim are investing heavily in off-grid solutions, mostly solar energy, to keep operations running. This shift promises major benefits but also comes with risks that must be carefully managed. The gains are clear.…
AMID Zimbabwe’s rising digitalisation, as technological advances continue to change the world, experts say cybercrime is becoming a major issue for local business. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts sounded the alarm this week, saying the surge in online…
THE Victoria Falls rainforest had 61 139 visitors during the first quarter of 2025, up from 59 718 during the same period last year, Zimparks said in a statement this week. This surge is largely attributed to a rise in international tourism, with arrivals reaching 47 633, an increase from 44 110 in 2024. “Key…
THE People’s Own Savings Bank (POSB) has ventured into insurance, partnering Zimnat General Insurance (Zimnat) to provide an extensive range of bancassurance services, as part of its revenue diversification strategy. Bancassurance is a partnership between a bank and an insurance company, where the bank distributes insurance products to its customers. This collaboration allows POSB to…
ZIMBABWE’s major mining companies are taking significant steps to set up their own power generation plants to reduce pressure and reliance on the unreliable national grid. These investments are particularly focused on renewable energy, mainly solar power, as the mining sector moves towards more sustainable practices. Zimbabwe expects its power demand to reach 3 200…
THE Institute of Global Leadership and Administration (IGLA), in collaboration with the Artificial Intelligence Institute Africa, is set to host a landmark conference exploring the impact of artificial intelligence (AI) on the workplace in Zimbabwe. Titled The Future of Jobs: Is Labour Ready for AI?, the event will take place on 22 May at the…
THE Confederation of Zimbabwe Industries (CZI) is worried about the growing difference between the official and parallel market exchange rates for the ZiG currency. According to some estimates, the premium went up from 25 percent in March to 28 percent in April. Since its introduction last April, the ZiG has had a rough ride, losing…
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