ZIMBABWE’s foreign currency reserves increased to US$1,4 billion as of March 31, 2026, providing the country with approximately 1,5 months of import cover, latest data shows. This is a significant increase from the US$276 million held at the time the ZiG was introduced in April 2024. In a first-quarter update, the Reserve Bank of Zimbabwe…
GODFREY NYONI ARTIFICIAL Intelligence (AI) is rapidly becoming an important tool in the fight against cybercrime. In Zimbabwe, cyber attacks are increasing at a worrying rate. From mobile money fraud…
ECONET Wireless Zimbabwe (Econet) has officially launched Econet AI, a new business unit aimed at accelerating the adoption of artificial intelligence across Zimbabwe’s economy. Unveiled in Harare today, Econet AI immediately introduced a suite of products and capabilities designed to accelerate AI use across the market, in multiple sectors, by corporate organisations and individuals. …
THE fifth edition of the St John’s Mukuru Derby Day Sports Festival is set to reach unprecedented scale, with 49 school teams confirmed to take part in what has become…
ZIMBABWE’s fuel pricing structure is fast becoming a drag on economic recovery and policymakers must now confront a difficult but necessary question ― whether current tax levels on petrol and…
TONDERAI Mabambe has been appointed to the International Public Sector Accounting Standards Board (IPSASB) Sustainability Implementation Forum, underscoring Zimbabwe’s expanding influence in global public financial management. The appointment places Zimbabwean…
THE National Railways of Zimbabwe (NRZ) is finalising a revised corporate strategy aimed at improving financial performance and expanding freight capacity, with plans to roll it out next month. NRZ was transferred to the Mutapa Investment Fund, the country’s sovereign wealth fund, in 2024 as part of a government initiative to restructure and revive state-owned…
ZIMRE Holdings (ZimRe) plans to divest from CFI Holdings and unlock value from its approximately 30 percent stake in the agro-industrial firm to grow its insurance business across the African region. ZimRe and the National Social Security Authority (NSSA), through a structured investment vehicle, Stalap Investments, are the largest shareholders in CFI with a roughly…
ZIMBABWE’s formal retail sector continues to grapple with major challenges, as deep-seated structural issues and policy inconsistencies keep pushing consumers towards the booming informal market. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — analysts said this week that although the outlook for the…
HR Perspective with MEMORY NGUWI MOST organisations assume hiring mistakes happen during interviews, but that is not where the problem begins. The real issue starts much earlier, at the point…
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