Retail investor participation surges

RETAIL investor participation on equity markets’ direct access platforms, the Zimbabwe Stock Exchange (ZSE) Direct and C-Trade, grew 14 percent during the second quarter to June 30,2025 signalling improved interest from locals.A retail investor is an individual who invests their personal money in financial products like stocks and bonds for their own accounts, rather than…

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Government aims to quadruple irrigated land

THE government has committed to expanding its irrigation network and the full adoption of a climate-resilient farming model as part of a national strategy to safeguard food security.Minister of Agriculture, Anxious Masuka, said the government is targeting to increase the area under irrigation from 175 000 hectares in 2020 to 496 000 hectares by 2030.“Currently,…

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Tigere expansion boosts profits

TIGERE Real Estate Investment Trust (Tigere REIT) posted a 72,3 percent year-on-year increase in profit for the third quarter ended September 30, 2025 to US$1,47 million from US$854 000 previously, supported by growth in portfolio and cost optimisation.The property firm’s recent acquisition of Highland Park Phase Two has increased tenancy supplementing revenue from the other…

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ZB to monetise SSCI certification

ZB BANK aims to monetise its recently attained Sustainable Standards Certification Initiative (SSCI) certification by applying for credit lines from the Green Climate Fund (GCF), its chief executive, Elisha Chibvuri, has said.The SSCI certification, awarded by the European Organisation for Sustainable Development (EOSD), was conferred on ZB Bank — the banking subsidiary of ZB Financial…

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IDBZ in hunt for new CEO

THE Infrastructure and Development Bank of Zimbabwe (IDBZ) has begun the search for a new substantive chief executive following the departure of Thomas Sakala, who completed his 10-year term in August this year.IDBZ has contracted an independent consultancy firm, Proserve Consulting Group, to search for the candidate who will take charge of the bank’s strategic…

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SMEs awards set for November

ZIMBABWE’s first ever micro, small and medium enterprises (MSMEs) survey report launch and awards ceremony will take place on November 26, 2025, in Harare, marking a significant step toward recognising and empowering local emerging businesses.The project is being spearheaded by The Financial Gazette and the Small and Medium Enterprise Development Corporation (SMEDCO) while Consumer Feedback…

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BAT sales volumes slump

BRITISH American Tobacco Zimbabwe (BAT) recorded depressed volume sales during the six months ended June 30, 2025, due to liquidity constraints and high interest rates that dampened consumer spending in the domestic market.The Reserve Bank of Zimbabwe (RBZ)’s grip on money supply, while effective in stabilising inflation and taming exchange-rate pressures, has inadvertently weakened consumer…

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The changing Zimbabwean economy

By Eddie Cross I HAVE often told foreign diplomats who are assigned to serve their countries in Zimbabwe and to visiting specialists, that we specialise in confusing foreigners. But this confusion is found even among our own people and government. So here I am going to try and unpack this issue.Our economy has three main…

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We need a concrete debt, de-dollarisation plan

ZIMBABWE’s economic recovery is being weighed down by two unresolved burdens, an unsustainable debt profile and a currency regime that continues to inspire more scepticism than confidence.While there have been commendable efforts at containing inflation and introducing a structured currency, these measures are far from sufficient in the absence of a comprehensive and credible strategy…

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Air traffic up 9,8 percent

PASSENGER traffic through Zimbabwe’s airports reached 1,59 million in the first eight months of 2025, a 9,8 percent increase from 1,45 million recorded during the same period in 2024, the latest figures show.International traffic led the rebound, rising 10,2 percent from 1,26 million last year to 1,38 million passengers this year.The growth underscores the continuing…

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