ECONET Wireless Zimbabwe (Econet) says its share price on the Zimbabwe Stock Exchange (ZSE) is ‘grossly undervalued’- prompting the group to consider several corporate actions to unlock its intrinsic value. The country’s biggest telecommunication company by subscription is touted to hit US$1 billion in revenue by year end after it raked in ZiG13,5 billion, translating…
THE government has called on the banking sector to review charges to ensure that financial services remain affordable, supporting the national goal of lowering the cost of doing business. In his 2026 national budget, Finance minister Mthuli Ncube said that banks have strayed from their conventional role of facilitating financial intermediation to promote economic growth.…
AIR Zimbabwe recorded approximately 5 000 passengers on its Harare-Mutare route since launching the service during the Sanganai Hlanganani World Tourism Expo in September, an executive said. The national airline made the route permanent after an initial trial for the expo, citing strong demand from travellers. Air Zimbabwe chief executive Edmund Makona described the route…
THE regularisation and servicing of 655 houses under the Garikai/ Hlalani Kuhle Housing Scheme in Gwanda has been strongly commended by local and national officials, marking a major step toward providing residents with essential infrastructure. Under the initiative, contracted to Zimbuild, critical works including sewer infrastructure, water reticulation and road construction are being implemented. Matabeleland…
ZIMBABWE is prioritising policy reforms and innovative financing to attract investment into solar power, while leveraging its lithium reserves to enhance its role in renewable energy storage. This comes as the country is yet to fully harness its renewable energy potential, including solar and wind power, which could offer a sustainable and reliable source of…
By Leonita Mhishi FOR years, Zimbabweans have treated real estate as the one investment that never lies. A house in Harare’s suburbs, a stand in the fast-growing satellite towns, or even a modest rural homestead has long been regarded as more than shelter. It is a symbol of stability in an otherwise unpredictable economic landscape.…
DELTA Corporation (Delta) says it will remain listed on the Zimbabwe Stock Exchange (ZSE) despite concerns over its share price valuation. The beverage maker stressed that only investors will determine the ‘right’ price. This comes as market analysts insist the company’s share price is trading below historical averages and not consistent with its stellar operational…
ZIMBABWE’s tourism sector is projected to grow by 3,1 percent in 2026, boosted by rising arrivals from key source markets, Finance minister Mthuli Ncube has said. The sector is already expanding, supported by increased international and domestic travel and strengthened by significant government investment. “International tourist arrivals are forecasted to reach 1,87 million, up from…
FINANCE minister Mthuli Ncube’s 2026 national budget will further strain hard-pressed businesses and consumers, economic experts have warned. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week that the proposed increase in value-added tax (VAT), adjustments to mining royalties…
ZIMBABWE’s micro, small and medium enterprises (MSMEs) have been commended for their resilience and contribution to the national economy in the face of mounting operational challenges. This came out at…
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