Business Knowledge Process Outsourcing to boost service exports

THE Ministry of Finance says the launch of the Business Knowledge Process Outsourcing (BKPO) initiative marks a shift towards growing service exports and intellectual capital in the economy. The government partnered with the Zimbabwe Investment and Development Agency (Zida) to launch the BKPO initiative under the theme “Positioning Zimbabwe as a Competitive Destination for Business Process…

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Bid to flush out foreign ownership fronting

THE Ministry of Industry and Commerce is set to inspect companies registered under locals in reserved sectors in a bid to curb ownership fronting. Statutory Instrument 215 of 2025 enforces the Indigenisation and Economic Empowerment Act, which requires locals to own 51 percent in designated businesses. The policy targets 14 reserved sectors, including retail, transportation…

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Mid East war jolts industry, GDP rise

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…

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ZITF intensifies regional engagements

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…

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‘Renewable energy in healthcare a national priority’

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…

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Simbisa sees growth in delivery orders

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…

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Government tables winter agric masterplan

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…

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Corporate rescue filings surge

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…

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Farm & City Centre in energy sustainability push

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…

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