‘Higher ZiG notes on the way’

 IT IS now all systems go for the introduction of new and higher ZiG denominations, as authorities also work to enhance both the supply and quality of notes of the local currency in the economy. So says Finance minister Mthuli Ncube, who adds that the upcoming 2026 National Budget will seek to transform the economy…

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Tech CEO to headline Top Companies Survey

SOUTH Africa’s Liquid Cloud and Cyber chief executive officer, Oswald Jumira, is set to be the keynote speaker at the prestigious Top Companies Survey 2025 in Harare this Friday. First launched in 1980, the annual business event, courtesy of the Financial Gazette and financial services giant Old Mutual Zimbabwe, is a key fixture on Zimbabwe’s…

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Zimbabwe faces mechanisation deficit

ZIMBABWE urgently requires 40 000 more tractors and 200 harvesters to modernise agriculture and boost food security. Deputy minister of Agriculture Vangelis Haritatos said the government’s urgent push to close a yawning mechanisation gap contributes to untimely planting, delayed harvesting, and significant post-harvest losses. “We have just over 16 000 functional tractors in Zimbabwe, but…

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‘Government reforms cut business costs’

NEW government reforms aimed at lowering business costs and stabilising the economy are set to be rolled out this week. Speaking to the Daily News on the sidelines of a recent pre-budget seminar in Bulawayo, Finance minister Mthuli Ncube said the government was ready to turn its promises into action. “To make sure our plans…

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Local firms splash on capital expenditure

LOCAL companies are ramping up capital expenditure (capex) programmes, aiming to expand their operations and grow market share despite a challenging business operating environment. The local industry has shown signs of resilience in a market characterised by high inflation, tight monetary liquidity, uneven competition from cheap imports, excess taxes, and high costs of credit, among…

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