Iran conflict clouds South African economic outlook, Sarb says

BancABC rebounds to ZiG194 million profit

FBC Holdings posts US$30 million profit

‘New law will aid NSSA in discharge of its mandate’… an upbeat Shava says as organisation charts new path

Staff Writer0891 views

This week, hundreds of experts and professionals, drawn from various sectors — both in Zimbabwe and internationally — converged in Victoria Falls for the 62nd edition of the Safety and Health at Work (SHAW) Conference, organised by the National Social Security Authority (Nssa). The Financial Gazette had the opportunity of speaking with Nssa’s chief executive…

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Proplastics ups solar investments

Mishma Chakanyuka, Staff Writer0964 views

PROPLASTICS says it is considering additional investments in solar energy as frequent unscheduled interruptions to electricity supply continue to exert pressure on operational costs.Zimbabwe’s persistent power supply challenges continue to put pressure on business operations, with alternative energy sources such as diesel-powered generators proving too costly to sustain.“Operations continued to be severely impacted by erratic…

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Board’s role in company budgeting process

Staff Writer0952 views

BY BOTHWELL P NYAJEKA OCTOBER is the month when most companies, including the national government, begin preparing their annual budgets for the upcoming year. From my years in corporate life, I’ve observed that this is often the period when directors work the hardest. It is the time when they review and approve the company’s strategic…

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Can AI make up for Zimbabwe’s shortage of experts?

Staff Writer0655 views

GODFREY NYONI IN today’s digital world, almost every aspect of life depends on technology, from banking and farming to education and healthcare. Zimbabwe, like many other developing nations, is rapidly embracing digital transformation, and while this brings progress and convenience, it also opens the door to new dangers.Cyberattacks, data theft, phishing scams, and ransomware are…

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Karo Mining restructures debt

Staff Writer0780 views

KARO Mining Holdings is restructuring its US$50 million bond it listed on the Victoria Falls Stock Exchange in 2022 as weakening platinum group metals prices weigh down on the company’s profitability.The Issuer is seeking to extend the tenor of the Issuer’s bond by an additional three years to December 1, 2028 thereby aligning with the…

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Caledonia gold output up 3,5 percent

Staff Writer0828 views

CALEDONIA Mining Corporation Plc (Caledonia) reported a 3,5 percent increase in gold production for the nine months ending September, reaching 58 846 ounces, up from 56 815 ounces in the same period last year.The Victoria Falls Stock Exchange-listed miner produced 19 106 ounces in the third quarter of 2025, a slight increase from 18 992…

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Industrial growth plan gains traction

Adelaide Moyo, Group Managing Editor0673 views

THE Zimbabwe Industrial Reconstruction and Growth Plan (2024-2025) achieved a 70 percent completion rate as of September 2025, demonstrating progress in revitalising the local manufacturing and commerce sectors.The plan, a transitional framework leading to the 2026 – 2030 industrial policy, aims to reduce the import bill, enhance local production, and unlock export potential.“The Zimbabwe Industrial…

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Tax experts urge compliance

Staff Writer0656 views

ZIMBABWE’S business community has been urged to tighten compliance and enhance transparency in tax reporting as major fiscal and regulatory reforms are expected in 2026.Speaking at the Baker Tilly Tax Summer School held at Troutbeck Resort in Nyanga last week, expert Simbarashe Hamudi said that companies must now “treat transfer pricing documentation not as an…

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Edgars’ sales recover

Prisca Tshuma, Staff Writer0817 views

CLOTHING retailer, Edgars Stores, recorded a rebound in sales and revenue for the half year ended June 30, 2025, driven by stronger consumer spending power. This recovery came on the back of a stable local currency, a strong agricultural season, firm global mineral prices and higher diaspora remittances, which boosted liquidity in the economy. “The…

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