Low confidence hampers agricultural insurance uptake
THE majority of Zimbabwean farmers are uninsured, posing a serious threat to the sector in the face of prevalent insurable risks.
THE majority of Zimbabwean farmers are uninsured, posing a serious threat to the sector in the face of prevalent insurable risks.
A UNITED States dollar (US$) government bond would be a welcome development for Zimbabwe’s capital market, which is starved of options, analysts say. It comes as Finance minister Mthuli Ncube, pictured, has said Treasury plans to raise as much as US$200 million through a bond on the Victoria Falls Stock Exchange (VFEX). “In the advent…
INFRASTRUCTURE Development Bank of Zimbabwe (IDBZ) has shelved Plumtree’s Tjibundule Energy (15 Megawatt MW) and Gwayi (30 MW) solar projects due to inadequate transmission and distribution infrastructure. In a statement accompanying the bank’s half year results to June 31, 2021, chief executive Zondo Sakala said the bank was seeking new suitable sites. “The bank has…
THE Competition and Tariff Commission (CTC) says the pending agreement on tariff modalities for critical sectors like textiles and clothing, fish and motor vehicles by member countries on the African Continental Free Trade Area (AfCFTA), is delaying operationalisation of the new platform. For trade to happen under AfCFTA, in addition to ratification, a country needs…
ZIMBABWE will this year achieve wheat self-sufficiency for the first time in 16 years, despite an increase in production costs during the winter farming season. Information minister, Monica Mutsvangwa, told the media after this week’s cabinet meeting that following a successful wheat season, the country was anticipating a volume of more than 300 000 metric…
THE National Social Security Authority (Nssa) says it has failed to introduce any new safety-net schemes over the past 27 years due to economic instability in Zimbabwe.
THE property market remained depressed during the first half of the year due to effects of the Covid-19 pandemic, and a persistently difficult macro-economic environment, First Mutual Properties (FMP) has said. The Zimbabwe Stock Exchange listed firmsaid apart from the pandemic, the biggest challenge for the market during the period under review was liquidity and property…
BUSINESS leaders walk a tight rope of balancing commercial interests with regulatory compliance. On one hand there are shareholders baying for blood when dividends do not improve. Then on the other, you have regulatory authorities waiting to slap you with a hefty fine should you fall foul of any laws. This is a double edged…
THE National Building Society (NBS) said it will focus on delivering innovative and affordable housing solutions to Zimbabweans during the fourth quarter of the year and going forward to reduce the country’s housing backlog which is estimated at 1,2 million units. In a statement accompanying the bank’s financial results for the six months to June…
ZIMBABWE can scale up its infrastructural development by focusing on public-private partnerships (PPPs), which other countries are fully exploiting, analysts say. This comes as leading economies, including France, have been voted among the best in harnessing this developmental model and Harare’s flagship deal — the US$300 million Beitbridge upgrade by Glynn Cohen’s Zimborders Consortium —…
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