GLOBAL shocks have dampened both business confidence and the country’s economic prospects going forward, experts say. This is despite the fact that the key mining, agriculture and construction sectors continued to perform very well during the first three months of this year. Speaking to The Financial Gazette — the country’s number one business publication and…
MOVING the regulation of medical aid societies from the Health ministry to the insurance and pensions watchdog could destabilise the healthcare sector and duplicate skills, an umbrella body representing health funders has warned. The Association of Healthcare Funders of Zimbabwe (AHFoZ) said this while responding to proposed amendments to the Ipec Bill, which would transfer…
AMALGAMATED Regional Trading (ART) has raised about US$1 million in just over a year from non-core asset disposals earmarked for settling legacy obligations, its chief executive Milton Macheka has said. The disposals, which began at the beginning of the 2025 financial year and are still underway, form part of a broader capital-raising and retooling strategy…
ZIMBABWE risks squandering its potential to become an industrial powerhouse due to a persistent disconnect between the country’s universities and its ageing industrial sector, an official said. The concerns were raised during a conference focused on boosting local procurement and manufacturing. Speaker of Parliament Jacob Mudenda highlighted policymakers’ concern over a disconnect between education and…
BRICKMAKER Willdale reduced its local procurement by 6,5 percent in 2025 as it adopted green purchasing practices aimed at lowering the environmental impact of its supply chain. The company spent US$2,07 million on 149 local suppliers in 2025, down from US$2,2 million on 595 suppliers in 2024, reflecting a deliberate shift toward fewer, sustainability-compliant partners.…
ACROSS small fish farms scattered around Zimbabwe, tilapia is often lifted straight from ponds and sold fresh to nearby buyers, generating quick cash but offering little access to larger, more lucrative markets. Authorities now want to change that narrative and transform fish farming into a stronger driver of exports, jobs and rural incomes. Speaking at…
THE COMESA Competition and Consumer Commission (CCCC) has warned businesses against opportunistic pricing in the wake of supply disruptions linked to the Middle East crisis. Economists caution that limited transparency could allow inflationary pressures and unfair practices to intensify. The ongoing conflict has disrupted global supply chains, particularly in energy markets, with ripple effects on…
HERBERT Nkala has stepped down as chairman of Tanganda Tea Company (Tanganda), after 29 years of service, including the last five as chairman, amid a broader restructuring at the country’s largest tea producer. The move, confirmed Friday, coincides with a shareholding shift following the entry of new strategic investor Rutanhi Investments, an Innscor Africa unit.…
BUSINESS, labour and consumers are clamouring for the government to do more to cushion them from the economic fallout of the conflict in the Middle East — including the soaring energy, transport and food prices. But many experts say authorities should tread carefully as such interventions carry the significant risk of threatening Zimbabwe’s fragile fiscal…
THE hospitality sector is grappling with a shortage of hotel rooms as rising demand from corporate events and tourism continues to outstrip available capacity, Hospitality Association of Zimbabwe president Emmah Kativu has said. The pressure comes as the industry steadily returns to pre-pandemic business patterns, with stronger bookings and higher occupancy levels across key destinations.…
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