By Bothwell Nyajeka CORPORATE governance literature consistently reminds us that the board of directors is responsible and accountable to shareholders for the well-being of the company. Directors are entrusted with…
ZIMBABWE’S latest move to require that public sector suppliers be paid exclusively in the local currency marks a bold step in its ongoing efforts to stabilise and entrench the ZiG. It is a policy rooted in understandable objectives, including strengthening domestic currency demand, improving fiscal discipline, and bringing greater coherence to public procurement systems. Yet,…
ECONOMIC experts have given a resounding thumbs-up to the escalating drive by authorities to reduce company costs and to boost the economy through the reduction of government fees and charges. Speaking to The Financial Gazette — the country’s number one business publication and prime voice for industry and commerce — the experts said this week…
THE equities market continues to rally, with both the Zimbabwe Stock Exchange (ZSE) and the Victoria Falls Stock Exchange (VFEX) posting strong gains since the start of the year, as investor sentiment improves. Investment analysts, FBC Securities, in their monthly report for February, said the ZSE All Share Index rose 0,86 percent to close at…
DAYS of seeing mainstream media companies choking under regulatory taxes and other bottlenecks will soon be a thing of the past, as authorities are finalising the ease of doing business…
AXIA Corporation (Axia) recorded growth in volumes and revenue across its divisions in the six months ended December 31, 2025, supported by competitive pricing. This comes as the local trading environment experienced stable exchange rates and inflation, allowing the company to maintain competitive product pricing. Speaking on the sidelines of the company’s annual general meeting,…
LEADING seed producer Seed Co says it is well-positioned to meet the growing demand for yellow maize in the local stock feed industry. This comes as Zimbabwe’s stock feed industry has grown by more than 60 percent since 2016, driven by a booming poultry sector and rising demand for affordable protein. In an interview with…
FIRST Capital Bank (FCB) is deepening ties with Chinese businesses in Zimbabwe in a strategic push to broaden its clientele and tap into growing investment from the Asian market. In 2025, China’s total outbound direct investment grew by 7,1 percent year-on-year to approximately US$174,4 billion, marking its highest level since 2018. Speaking at the 2026…
THE Zimbabwe Development Corporation (ZDC) says it plans to unlock value from its dormant and underutilised assets as part of a renewed push to stimulate economic growth and rural industrialisation. Newly appointed interim board chairman Denford Mutashu told The Financial Gazette this week that the corporation’s focus is aimed at repositioning it as a catalyst for investment…
NATIONAL Handling Services Zimbabwe (NHS)’s plans to establish a logistics company have been deferred until inland dry ports are operational. This comes as the NHS is also pursuing plans to establish a dry port in Mutare, using two hectares of land already secured in the area. The project, expected to cost several million dollars, aims…
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