Chinese exporters are beginning to lift prices on everything from swimsuits to air conditioners as the Iran war drives up oil-linked input costs, signaling that global consumer inflation is likely…
GODFREY NYONI ARTIFICIAL Intelligence (AI) is no longer a distant or abstract concept. It is already part of everyday life, influencing how people communicate, learn, work, and make decisions. From…
Bothwell P. Nyajeka THERE are moments in life when a conversation shifts one’s perspective in a major way. This past week was one of those moments. I had the privilege…
PADENGA Holdings (Padenga) has this year set aside US$17 million for exploration activities at its subsidiary, Dallaglio Investments, as it moves to commercialise some of its untapped mineral assets. The move comes as mining operations, anchored by Eureka Mine and Pickstone Peerless Mine, now dominate the group’s earnings, contributing 94,4 percent of total revenue, while…
POLICY flip-flops, especially those affecting the key mining sector, are severely hindering business, discouraging investment and undermining Zimbabwe’s economy, experts say.Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts added this week that the policy inconsistencies, often seemingly driven by political considerations,…
ZIMBABWE’s parallel market exchange rate premium remained within a 20 percent margin during the first quarter of 2026 and is expected to further narrow the gap, marking a milestone in the stabilisation of the ZiG. According to the Reserve Bank of Zimbabwe (RBZ), the official exchange rate averaged ZiG25,59 per US dollar throughout the quarter.…
BANK deposits are increasingly growing, driven by exchange rate stability and stronger foreign currency inflows, signalling improved confidence in the domestic banking system, financial statements by local banks show. Several listed and non-listed financial institutions published their 2025 financial results recently, with deposits showing commendable growth. In 2025, total foreign currency inflows reached US$16,2 billion…
ZIMBABWE’S tax framework contains a significant but often overlooked provision known as the Non-Residents’ Tax on Remittances. Provided for under Section 31 of the Income Tax Act and detailed in…
FIRST Mutual Holdings (FMH) says it is working on deploying container-based facilities across the country to provide the informal sector with access to health coverage. Health insurance coverage for Zimbabwe’s burgeoning informal sector remains severely limited, with fewer than 10 percent of the total population, mostly those in formal employment, having private cover. Resultantly, informal…
FIRST Mutual Properties (FMP) says it is prioritising a ‘retail-first rollout’ for its 24-hectare Golden Stairs project in Mount Pleasant, aiming to unlock quick cash flows from key commercial units. This comes as the country’s property sector is experiencing firm demand for retail space amid relative macroeconomic stability, although net incomes remain under pressure from…
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