By Bothwell Nyajeka LAST Thursday, November 6, I was a speaker at a webinar on “Understanding the Role and Relevance of Credit Ratings in Strengthening Corporate Governance and Market Confidence”. The discussions took me back nearly two decades — to a time when corporate paper issuances were common in Zimbabwe, and companies regularly engaged credit…
THE Zimbabwe Revenue Authority (Zimra) has exceeded its mid-year net revenue collection target, driven by stronger taxpayer compliance and ongoing reforms to boost efficiency. Throughout the year, Zimra enhanced its tax compliance culture through a broad strategy centred on digital modernisation, risk-based audits, employee training, and greater internal accountability. Key measures included upgrading digital monitoring…
THE country’s property sector has maintained steady growth this year, driven by rising investments from both local and diaspora investors seeking to preserve value and shield themselves from uncertainty surrounding the mono-currency policy. The government, through the Reserve Bank of Zimbabwe, is pushing for de-dollarisation, with timelines set for 2030. However, local investors and businesses…
CALEDONIA Mining Corporation (Caledonia) has revised upwards its on-mine cost per ounce guidance for this year at its flagship asset, Blanket Mine, citing increased labour, consumables, and administrative costs. The gold miner now projects its on-mine cost per ounce to range within the US$1 150 and US$1 250 band. On-mine cost refers to the production…
EAZZYPAY, a local fintech company, says it is currently in discussions with various digital payments service providers for onboarding on its unified platform for easier and inclusive financial experience to clients. Currently, it operates on two payment channels, O’Mari and Ecocash. The unified EazzyPay platform is accessible via mobile app, WhatsApp bot and web app…
AT THE ongoing 30th Conference of the Parties (COP30) to the United Nations Framework Convention on Climate Change (UNFCCC) in Brazil, Zimbabwe is making climate finance and adaptation its overriding…
THE Zimbabwe Consolidated Diamond Company (ZCDC) says it produces an average of 6,5 million carats of diamonds annually, making it the largest producer of the precious stones in the country. Speaking during an integrity pledge signing ceremony, the diamond miner’s chief executive, Douglas Zimbango, said ZCDC generates over US$200 million in annual revenue. “As you…
THE continued tightening of local currency liquidity in the economy by monetary authorities has left long-term market confidence in the ZiG hanging by a thread, analysts have warned. According to financial and securities research firm, Inter Horizons (IH) Securities in its third-quarter equity strategy review, the adoption of the local currency could be adversely impacted…
ZIMBABWE’s merchandise exports are projected to grow by 5,8 percent next year to US$10,2 billion from this year’s US$9,6 billion, supported by tobacco and strategic minerals, Treasury has said. Speaking at the 2026 pre-budget seminar yesterday, Finance Minister Mthuli Ncube said tobacco and gold have been the key drivers of the country’s merchandise export receipts…
By Mike Henson, BBC Sport rugby union news reporter and Chris Jones, Rugby union Correspondent Freddie Steward says England are desperate to puncture New Zealand’s aura and inflict a first home win over the…
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