Life assurers urged to diversify income

THE Insurance and Pensions Commission (Ipec) says Zimbabwe’s life assurance sector should be innovative and diversify its revenue streams outside funeral cover to ensure sustainability. In its Life Assurance Sector Report for the nine months ended September 30, 2025, Ipec said the sector’s long-standing reliance on funeral assurance products exposes it to concentration risks, resulting…

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Data traffic drives telcos growth

MOBILE data traffic increased by more than 10 percent in the third quarter of 2025, driven by growing demand for video streaming, according to the latest sector report from the Postal and Telecommunications Regulatory Authority of Zimbabwe (Potraz). All three mobile network operators, including Econet, NetOne and Telecel, posted growth of more than 10 percent.…

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Pension arrears ease

PENSION contribution arrears declined by nine percent to US$100,2 million in the third quarter to September 30, 2025, from US$110,4 million in the prior quarter, bringing relief to the sector marred by high default rates, the Insurance and Pensions Commission (Ipec) says. This comes as more employers settled outstanding payments, heeding the call by the…

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Understanding new digital services tax

By Simbarashe Hamudi IN a significant shift in tax policy, Zimbabwe is set to implement a new Digital Services Withholding Tax, effective January 1, 2026. This reform, encapsulated in the revised Section 13A of the Value Added Tax Act, aims to address the growing issue of tax compliance in the digital economy. As businesses increasingly…

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Fuel consumption up by 30 percent

ZIMBABWE’s fuel consumption increased significantly in the 11 months to November 2025, with diesel and petrol demand up nearly 30 percent from a year earlier, reflecting stronger economic activity and sustained energy use across key sectors. Latest data from the Zimbabwe Energy Regulatory Authority (Zera) shows that diesel consumption increased to about 1,31 billion litres…

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Industry’s tempered optimism over 2026

BUSINESS leaders and investment analysts are cautiously optimistic about the country’s 2026 economic prospects. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — these key stakeholders warned this week that despite the stabilising ZiG and inflation, as well as improved performances in key productive…

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Zim capital markets outshine regional peers

ZIMBABWE’S capital markets have been ranked seventh out of 16 major African markets, in terms of number of listings, driven by favourable investor policies in recent years, a new report shows. According to the Economic Co-operation and Development (OECD)’s Africa Capital Markets Report for 2025, Zimbabwe, with two public stock exchanges, the Zimbabwe Stock Exchange…

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Company secretary is not a minute taker

By Memory Nguwi DEAR Company Secretary, Most organisations still misunderstand your role. They see you as the person who types minutes, sends calendar invites, tracks resolutions, and reminds directors about meeting packs. Those tasks matter, but they are not the core of the job. If you allow yourself to be positioned as an administrator, you…

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