THE country’s broad money (M3) stock stood at ZiG96,18 billion in July this year, a decline of 1,18 percent from ZiG97,33 billion recorded in June 2025 according to the Reserve Bank of Zimbabwe (RBZ).The month-on-month contraction in broad money was attributed to decreases of ZiG923,15 million (1,15 percent) and ZiG228,65 million (1,33 percent) in foreign…
LISTED companies remain cautious about their outlook as high production costs, fragile growth, persistent power cuts, heavy taxation, growing informality and entrenched dollarisation continue to dampen optimism.Some firms are delaying major capital expenditure, while others are leveraging prior investments to boost profits and expand in line with consumer demand. The prevailing uncertainty has forced many…
A new artificial intelligence tool designed to crack down on fraud has helped the UK government recover almost £500m over the last year, the BBC can reveal. More than a…
ZIMBABWE’S property sector exhibited growth during the first half of the year, underpinned by companies and individuals increasingly venturing into the sector due to a combination of factors, including high demand and the need to hedge against risks of monetary losses.According to property counters that released financial results for the six months to June 30,…
ZIMBABWE’S banking sector, much like financial institutions globally, is embracing the game-changing power of Artificial Intelligence (AI), redefining the operational and strategic horizons of the financial services sector.According to local bank’s half year financials results for the period ending June 30, 2025, the evolution of AI has been nothing short of revolutionary, moving from foundational…
France’s all-time top scorer Olivier Giroud has signed a one-year deal with Lille after leaving Major League Soccer side Los Angeles FC. It means Giroud, who played his final game…
By Ephias Ruhode I HAVE engaged extensively with the concept of technological determinism in my scholarly work, a longstanding and often contested theory that continues to provoke debate across academic disciplines. At its core, technological determinism is the theory that suggests that technological innovations are the primary agents of change in society, shaping everything from…
By Simbarashe Hamudi TAX credits serve as a vital financial tool for taxpayers, enabling them to reduce their tax liabilities. By subtracting specific amounts from the total employment taxes owed, these credits can significantly ease the financial burden on individuals, particularly those facing certain hardships. This mechanism is outlined in the Finance Act, specifically under…
ON the second day of the Open Dialogue “Future of the World: New Platform for Global Growth” at the National Centre “Russia,” the most outstanding essays by authors who participated…
By Shephard Kembo A LOT of Zimbabweans in the diaspora have indicated interest to participate and partake in Zimbabwe’s economic growth through available economic platforms and opportunities. Whilst we continue to engage and work with a lot of Zimbabweans in the diaspora, we thought we could stir and stimulate this crucial economic and business discourse…
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