THE Insurance and Pensions Commission (IPEC) says it is finalising a framework for the compensation of pension fund members who lost the value of their savings during the 2009 dollarisation, with amendments to Statutory Instrument (SI) 162 of 2023 expected to clear the final regulatory hurdle. In a recent interview, IPEC commissioner Grace Muradzikwa said…
THE Zimbabwe Revenue Authority (Zimra) invested ZiG281 million in information technology systems in 2025 to strengthen tax collection, widen compliance and improve services for taxpayers. The investment funded the rollout of the Fiscalisation Data Management System, the Tax and Revenue Management System, Governance Risk Compliance software, COBIT frameworks and network infrastructure upgrades. According to the…
Prisca Tshuma ZIMBABWE’S national customer satisfaction score rose to 67,5 percent in 2025, the highest level in a decade, reflecting steady gains in service delivery across most sectors, according to the latest National Customer Satisfaction Index (NCSI). The score increased from 66 percent last year and stands 15,5 percentage points above the Sub-Saharan Africa average…
Prisca Tshuma THE Agricultural Marketing Authority (AMA) says it has invested US$3,2 million and ZiG29 million from grain levy proceeds towards irrigation development and other initiatives aimed at boosting domestic agricultural production. Recently, AMA spent US$300 000 in the Glen Somerset Irrigation Scheme to support wheat and maize production in Murehwa District. Speaking to The…
PENSION benefits improved in 2025 as stronger contribution collection and tighter industry oversight began translating into higher incomes for retirees, the Insurance and Pensions Commission (Ipec) has said. Speaking at the commission’s annual general meeting, Ipec commissioner Grace Muradzikwa said pension reforms introduced over the past year had started to improve benefit levels, although current…
THE Insurance and Pensions Commission (Ipec) plans to introduce insurance cover for artisanal and small-scale miners under its 2026-2030 market development strategy as it seeks to increase insurance penetration in Zimbabwe. The move comes after the sector recorded 64 deaths in the first quarter of 2026, a six percent increase from the same period last…
PROPLASTICS says tight liquidity and restrictive monetary conditions weighed heavily on its operations in 2025, dampening demand and slowing government-funded infrastructure projects. In its 2025 annual report, group chairman Gregory Sebborn said constrained liquidity conditions, particularly in local currency, added pressure to trading conditions, while power shortages continued to disrupt production efficiencies and increase operating…
EDGARS Stores (Edgars) expects stable supply chains in 2026 as it increases local sourcing to reduce import dependence and strengthen inventory availability across its operations. The group said key suppliers were continuing to meet inventory requirements, even as it adjusted its sourcing mix in response to economic conditions and currency pressures. “Supply chains are expected…
UNIFREIGHT Africa’s Mozambican operations strengthened overall group revenue in 2025 as regional expansion efforts beyond its traditional domestic market paid off. The group generated ZiG708,835 million from its primary market, Zimbabwe, and the equivalent of ZiG553,404 million from Mozambique, well above other regional markets. Zambia contributed ZiG16,362 million, while Malawi delivered ZiG23,147 million. Group chief…
ZIMTRADE has urged local producers to prioritise value addition of traditional grains as demand for healthier and gluten-free foods increases in export markets. In its latest newsletter, ZimTrade said products made from sorghum, millet, rapoko and pearl millet are set to grow export earnings and strengthen rural industries. “Traditional grains are increasingly being recognised not…
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