ZIMBABWE’S microfinance sector’s portfolio at risk increased to 10,68 percent as at December 31, 2025, from 10,53 percent in June of the same year, reflecting elevated credit risk, latest data shows. The figure remains more than double the international benchmark of five percent. “Over indebtedness on the part of the microfinance clients and weak credit…
REVITUS real estate investment trust net asset value reached US$25,02 million during the year ended December 31, 2025, up 20 percent from US$20,85 million in 2024, driven by renovation works on properties. Extensive elevator refurbishments completed at Electra House and Africa House in the last quarter of 2025 enhanced the appeal of upper floors for…
ZIMBABWE’s debt resolution and arrears clearance programme remains fragile, threatened by public finance leakages, a ballooning domestic debt, and legislative actions that could derail international goodwill, experts say. The developments come as minister of Finance Mthuli Ncube said Zimbabwe has made progress on its arrears clearance roadmap and is now engaging champions to support the…
THE government says the Agriculture Food Systems Rural Transformation Strategy 2 will accelerate the issuance of bankable, registrable and transferable title deeds, as part of efforts to improve access to funding for farmers. Zimbabwe is implementing a new land tenure system, shifting from 99-year leases to bankable, registrable, and transferable title deeds for A1 and…
LOCAL companies are ramping up massive capital projects supported by stable macroeconomic conditions, deepening capital markets and strong US dollar cash flows. Recent financial statements from companies listed on the Zimbabwe Stock Exchange and the Victoria Falls Stock Exchange (VFEX) show that businesses are prioritising growth through reinvestment. Companies such as Edgars Stores, Tanganda Tea…
THE Zimbabwe Revenue Authority (Zimra) has given taxpayers a nine-day grace period to voluntarily disclose undeclared income or tax for last year. This comes amid concerns by the tax collector of systemic corruption, smuggling, and tax evasion, continuing to cripple authorities’ revenue mobilisation efforts and to sabotage national development. In a notice yesterday, Zimra said…
STEADFAST fiscal discipline and unwavering policy predictability are prerequisites for attracting investment and unlocking rapid economic transformation in the country, Vice President Constantino Chiwenga has said. Speaking at a business conference, during the ongoing Zimbabwe International Trade Fair (ZITF), Chiwenga added yesterday that the government also remained seized with further building confidence in the economy…
ZIMBABWE posted a 26 percent increase in cotton production to 77 212 metric tonnes in the 2025/2026 farming season, compared to the previous season of 61 289 metric tonnes, attributable to improved delivery payments. Cotton is a vital crop in Zimbabwe’s agricultural sector, acting as the second-highest export earner after tobacco and supporting over 400,000…
MORE than 80 percent of property transactions in Zimbabwe were conducted in cash during the first quarter of 2026, underscoring constrained mortgage availability, First Mutual Wealth (FMW) has said. Mortgage availability in Zimbabwe remains limited, largely catering to formally employed individuals and the diaspora. Lenders continue to favour US dollar-denominated loans over local currency facilities…
ZIMBABWE’S first-ever gold exchange-traded fund (ETF) is set to be listed on the Victoria Falls Stock Exchange (VFEX) on May 8, 2026, offering an opportunity for local investors to gain offshore commodity exposure. The ETF, managed by First Mutual Wealth (FMW), opened its public subscription targeting US$10 million on Wednesday this week and is scheduled…
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