Is cybersecurity insurance worth it for businesses?

By Godfrey Nyoni CYBERCRIME is no longer a distant problem limited to large international corporations. In Zimbabwe, cyber risks are increasing as businesses adopt digital tools such as email communication, online banking, mobile money platforms, cloud storage, and company websites. These technologies improve efficiency and convenience, but they also expose organisations to new types of…

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Starlink blocked from South Africa

Elon Musk said South Africa’s telecommunications ownership rules are preventing his satellite internet company, Starlink, from launching in the country, renewing debate over how Africa’s most industrialised economy balances transformation…

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Zim posts record foreign currency receipts

ZIMBABWE’s foreign currency earnings increased by 21,8 percent to US$16,2 billion in 2025 from US$13,3 billion recorded during the comparable year, buoyed by favourable commodity prices. This is the highest performance the country has recorded, sustained by the improvement in prices of key minerals and the growth in diaspora remittances. According to the Reserve Bank…

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Foreign reserves surge to US$1,2 billion

ZIMBABWE’s foreign currency reserves surged to US$1,2 billion as of December 31, 2025, marking nearly a fourfold increase from the US$276 million held when the ZiG was introduced in April 2024. The build-up, confirmed by the Reserve Bank of Zimbabwe (RBZ), is deemed critical for the lasting stability of the country’s currency, the ZiG. The…

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Motor cover tops short-term insurance revenue

THE country’s short-term insurance sector has seen increased demand for specialised products such as motor, credit and bond lines, signalling a shift from overreliance on compulsory policies, a new report shows. The development marks a new phase of growth and diversity in income streams, highlighting both the resilience of traditional covers and the momentum of…

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