THE escalating conflict in the Middle East continues to send shockwaves through global energy and financial markets, posing serious threats to Zimbabwe’s economy. Experts who spoke to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — said this week that Zimbabwe was highly vulnerable to oil…
THE Zimbabwe International Trade Fair (ZITF) Company has stepped up regional stakeholder engagements to attract more exhibitors and strengthen trade and investment partnerships ahead of the 2026 edition of the annual showcase. Already, ZITF has held stakeholder engagement meetings with representatives of government, trade and business associations in Francistown, Botswana, on February 27, Johannesburg, South…
THE government says expanding renewable energy infrastructure in critical sectors, such as healthcare, remains a national priority as the country works to strengthen energy security and improve public service delivery. This comes after Mater Dei Hospital in Bulawayo commissioned a US$810 000 solar power plant, a move expected to transform energy reliability for the facility…
SIMBISA Brands (Simbisa) has experienced a marked growth in its delivery business, mainly from key markets such as Zimbabwe and Kenya, thanks to the broadening of delivery channels and digital in-house applications. In Kenya, the group’s online delivery unit, Kutuma, engages third party aggregators through a remodeled structure to transport orders to customers while a…
THE government has unveiled an ambitious winter agricultural production master plan aimed at boosting national food security, rural industrialisation and consolidating gains made in wheat production over the past two seasons. The 2026 Winter Production Plan, which got Cabinet approval this week, forms a key component of the Agriculture Food Systems and Rural Transformation Strategy…
THE rising number of corporate rescue applications point to deep-seated structural challenges facing Zimbabwean companies, financial analysts have said. Corporate rescue proceedings have taken a marked increase during the past two years as under pressure local companies make last-ditch efforts to restructure and avoid liquidation. Reputable companies such as OK Zimbabwe, Truworths, Telecel Zimbabwe, Khaya…
CFI Holdings says its agriculture hardware unit Farm & City Centre (FCC) has installed solar power systems at 29 of its 54 branches nationwide, reducing its carbon footprint and improving operational resilience. This means that about 54 percent of the division’s operations now have solar energy. Companies are under growing pressure to cut carbon emissions…
THE Reserve Bank of Zimbabwe (RBZ) expects foreign currency reserves to reach about two months’ import cover by the end of 2026 as authorities continue to build external buffers. Foreign currency reserves currently cover about 1,5 months of imports, reflecting a steady buildup since the launch of the ZiG currency in April 2024. This comes…
HIPPO Valley Estates (Hippo Valley) says cost rationalisation efforts are going as planned and are expected to significantly improve profit margins in the medium term. The sugar cane producer, in early 2024, embarked on Project Zambuko, a strategy to optimise revenue and implement cost containment measures, including through retrenchments. Cost pressures have dragged the group’s…
KAVANGO Resources has mobilised up to US$13,5 million through investor subscriptions, internally generated resources and committed funding to support a range of expansion initiatives in Zimbabwe. The London and Victoria Falls-listed mining group recently raised about US$8,4 million by way of subscription from investors in the United Kingdom and Zimbabwe. Investors from both the London…
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